The Business Times, 20 March 1991

Microfilm: NL17467
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, March 20, 1991 75*
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  • NEWS SUMMARY
    • Article
      Kuwait orders banks to re-open next week
      44 1 KUWAIT has ordered its banks to re-open next week and will issue new currency notes to replace those cancelled after the Iraqi invasion, said the governor of the central bank. Sheikh Abdulaziz al-Sa-bah, in Kuwait City yesterday.
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    • Article
      US consumer prices edge up 0.2pc
      72 1 US CONSUMER PRICES, eased by another drop in petrol costs, edged up by 0.2 per cent in February, the smallest advance in nine months, the US government said yesterday. The slight advance in the US Labour Department's Consumer Price Index, if continued for 12
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    • Article
      Refurbishing school
      22 1 GERMANY'S Herberts Group has set up a S2 million refurbishing technology school in Singapore for the motor industry Page 2
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    • Article
      Gold mine for M'sia
      44 1 MALAYSIA is on course to make tourism a gold mine of foreign exchange earnings in spite of a setback early this year when arrivals fell sharply because of the Gulf war, say the country's officials and tour operators Page 8
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    • Article
      Bonn offers help
      37 1 BONN has offered to help Moscow modernise its ailing oil industry in exchange for additional supplies of oil and gas following a report that the Soviet Union will halve its oil exports Page 9
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    • Article
      US warning for Japan
      40 1 THE US has threatened to levy anti-dumping duties up to 85 per cent on certain Japanese cement and building materials that it determined are being sold in the US at 'less than fair value' Page 9
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    • Article
      Valley visions
      34 1 TWO MEN, living and working in Silicon Valley in the US, still keep alive a dream that one day they will come home to work or to retire in Singapore Page 11
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    • Article
      Marley remembered
      19 1 THE LATE reggae superstar Bob Mariey is being remembered in a series of tributes worldwide Page 15
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    • Article
      NYK to buy Nippon
      35 1 NIPPON Yusen Kaisha is set to buy Nippon Liner System on Oct 1 via a new share issue worth 6.2 billion yen (5578.7 million) at current prices. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      34 1 WALL STREET was down at the opening of trading yesterday with the Dow Jones index of 30 leading indutrials posting a drop of 20.30 points to 2,909.65 in the first five minutes.
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    • Article
      Footsie lower
      46 1 SHARES in London were lower at midday yesterday as investors took to the sidelines ahead of the government's fiscal 1992 budget announcement later in the day. At about 1215 GMT, the Footsie 100share index was down 11.8 points, or 0.5 per cent, at 2,478.8.
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    • Article
      M Oriental profit falls
      38 1 MANDARIN Oriental, which is raising its stake in the Singapore Oriental from 15 per cent to 50 per cent, has reported a 10 per cent drop in profit after tax and minorities Page 3
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    • Article
      L Gardens to expand
      31 1 HONGKONG'S Lee Gardens group is seeking to expand its scope outside the colony and China through investment opportunities and management contracts in the Asia-Pacific region Page 4
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    • Article
      Kuwaiti bank plans
      29 1 THE National Bank of Kuwait, which constitutes the main financial link between Kuwait and the rest of the world, has outlined its postwar strategies Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 737.26 -0.91 Kuala Lumpur ....594.54 -2.08 Hongkong 3,751.40 +27.05 Tokyo 27.006.66 -140.25 Sydney 1,455.3 -1.7 Monday Change New York 2,929.95 -18.32 London 2,490.6 -3.6
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    • Article
      CURRENCIES
      21 1 Exchange rates USS S$ 1.7670 100 Yen SSI.2790 MS SS0.6442 Money market rates Overnight 3 3/4 -1/4 3-montn 4-5/8% -1/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS362.00 -US$1.40 Rubbor S'pore Apr 146.00'/kg -0.50 M'sia Apr 229.00«/kg unch KLTm Turnover 40 tonnes -25 Spot MS 14.72 /kg unch Crudo palm oil Turnover 366 lots -345 Apr MS859 /tonne -6
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  • Article, Illustration
    Tough times for big commodity houses
    735 1  -  Massive oversupply and tumbling prices play havoc By Shoeb Kagda THE COLLAPSE of major soft commodity trader Woodhouse Drake Carey last month may have been just the tip of the iceberg as other big commodity houses are also reported to be in financial binds.
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  • Article
    Construction sector turns rosy
    362 1  -  Further strain expected on labour, materials market By Lilian Ang AS ECONOMIC prospects for the year begin to look brighter, the Construction Industry Development Board has revised its construction demand forecast for this year upwards by a massive $1.2 billion, to $7.9 billion. But although this
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  • Article
    Lock icon Qantas may axe up to 3,000 jobs
    232 1 Reuter QANTAS AIRWAYS has cut its executives' pay by 5 per cent and 3,000 jobs may be axed to stem heavy losses. The Australian stateowned carrier faces an estimated As36o million (Ss4B9 million) operating loss this financial year because of a worldwide decline
    Reuter  -  232 words
  • Article
    Consumer prices up 0.8pc last month
    273 1 CONSUMER PRICES rose a sharp 0.8 per cent in February, the highest one-month increase over the past two years, because of higher food prices during the Lunar New Year period and more costly transportation. February also saw a 4.0 per cent jump in consumer
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  • Article, Illustration
    Additional work permits: tender system mooted
    537 1  -  Yesterday in Parliament By Anna Teo HAVING employers bid tor additional work permits, rather than pay a fixed premium to hire more foreign workers, will make for a more effective and flexible control mechanism, said Labour Minister Lee Yock Suan yesterday. In a broad
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      162 1 High jashionfabrksfrum hah Available at all leading tailors Aircraft Schedule 25 Money Market 23 World News 9 Commodities 24 Regional Co News 4 Cryptic Crossword 25 Regional News 8 Editorial 10 Regional Stock Markets 21 For market indces. editorial Financial News 6 SES 16,17 advertising and circulation ex Futures Options
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    • Advertisement
      Page 1 Advertisements Column 2
      79 1 Interim judicial managers for Woodhouse (S), Pg 2 PENTAX of auto focus zoom cameras. The super slim compact zoom with range of functions from fovus and handling discharge variety of user-friendly and functions. WMuH An unrivalled compact /inwn camera with great features such as multi-exposure, interval and bulb timer, which
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      Page 1 Advertisements Column 3
      19 1 Made In Italy Workers rights upon restructuring, Pg 2 Challenge ahead is to build greater economic linkages, Pg 2
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  • HOME NEWS
    • PARLIAMENT BRIEFS
      • Article
        Strengthening regional economic cooperation
        67 2 THE 4th Asean Summit, due to be held in Singapore late this year or early next year, is likely to have on its agenda this item: How Asean should organise itself to strengthen economic cooperation in South-east Asia and the Asia-Pacific. The topic will be an
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      • Article
        Failure of Utopian politics
        64 2 THE UTOPIAN politics of the Communist-Socialist credo does not work and the failures of China, the Soviet Union. Vietnam and North Korea have made that plain, Senior Minister Lee Kuan Yew said in rebuttal to Non-Constituency MP Lee Siew Choh. The opposition member, criticising the government
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      • Article
        Legislation's out on this one
        84 2 LEGISLATION is clearly not the preferred mode of operation with the Labour Minister. Responding to labour MPs' calls for the laws to be amended to allow executives to join the same unions as rank-and-file workers, Lee Yock Suan indicated that some guidelines might be sufficient.
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      • Article
        Developments in Pasir Panjang
        83 2 THE AREA between the Buona Vista MRT station and Rochester Park is part of a larger site designated as a sub-re-gional centre and has been earmarked for commercial use. And part of the vacant land along Buona Vista Road and the Ayer Rajah Expressway is for
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      • Article
        Younger car population
        88 2 THE ROAD TAX surcharge for cars older than 10 years has been effective in helping to maintain a younger vehicle population, said Minister of State for Communications Mah Bow Tan. Last year, 8,688 cars 10 years and older were scrapped, compared with 6,721 in 1989. The percentages
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    • Article, Illustration
      Boost for Singapore International Foundation
      317 2  -  Yesterday In Parliament Ministry of Labour By Chuang Peck Ming INCOME earned on an initial $50 million endowment fund will finance the activities of the Singapore International Foundation Fund, a non-governmental international advisory body. Foreign Affairs Minister Wong Kan Seng said yesterday. "The plan is
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    • Article
      Workers' rights upon restructuring
      216 2  -  By Anna Teo GUIDELINES on workers' rights when companies are restructured will be drawn up, Labour Minister Lee Yock Suan indicated. The Ministiy of Labour is studying the issue and welcomes views and suggestions on the matter, he said. It will consult unions and employ- ers,
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    • Article
      Court appoints interim judicial managers for Wood house (S)
      269 2  -  By David Chew THE High Court has appointed three interim judicial managers for commodity trading firm Woodhouse. Drake Carey (Singapore) Pte Ltd. Woodhouse had petitioned for shelter under judicial management following the bankruptcy of its parent company in London last month,
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    • Article, Illustration
      Labour standard on retirement age?
      232 2 THE Ministry of Labour prefers not to have to legislate on retirement at 60 years. But the voluntary approach may entail a labour standard on retirement age allowing for exemption only in special cases to protect the interests of those working in the nonunionised sector.
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    • Article
      Chartist predicts US$24 crude price
      226 2 US-BASED energy ehartist Thomas E Aspray has predicted that West Texas crude oil prices will rally to US$24 (Ss4o) over the next few months, information service company Telerate said in a release on Monday. Based on computerised charting methods, Mr Aspray said: "Prices are currently
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    • Article, Illustration
      Challenge ahead is to build greater economic linkages
      297 2 Ministry of Foreign Affairs THE challenge for Singapore's foreign policy in the years to come is to build greater economic linkages, the right cooperative structures and institutional framework to tap the huge potential for economic growth in the Asia-Pacific region, Foreign Affairs
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    • Article
      Quantum leap in role necessary: Kan Seng
      211 2 THE Ministry of Foreign Affairs will have to expand and upgrade to cope with Singapore's status as a newly industrialised economy and bigger responsibilities abroad in the coming decade, Foreign Affairs Minister Wong Kan Seng said. And if Singapore becomes a developed country
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    • Article
      School set up to teach car refurbishing know-how
      257 2 A GERMAN company has set up a $2 million school in Singapore to pass on car refurbishing know-how to people in the motor industry. The 19th in a chain of similar "information centres" worldwide, the Herberts Standox Regional School of Vehicle Refinishing
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      97 2 See Singapore cmdhave agpurmei lunch for $28.00". Only on Saturdays. Reserve the best seat at Singapore's highest by the window and restaurant Fashion take in the magni- Show every Jicent view. It's the f Saturday from perfect complement rn 1.30 pm to to a gourmet lunch g\\ 2.00 pm. I
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    • Advertisement
      Page 2 Advertisements Column 2
      148 2 rri Office units with areas ranging I MP ,rom 1 > 400 *1 n to 29.000 sq ft JL 1 l\j at attractive rentals. t "1 "I "1 The Adelphi is right in the heart of the I city, within walking distance of the I I 1 I financial distnct.
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Mandarin Oriental Int'l posts lower after-tax profit
      379 3  -  By Elaine Koh THE MANDARIN Oriental International, which gained a secondary listing on the Stock Exchange of Singapore last month, showed a 10 per cent drop in after-tax profit to U5545.2 million (about Ss77 million) in the face of a difficult year for
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    • Article
      Lock icon Inter-Pac proceeds with merger plan
      262 3 Bernama INTER-PACIFIC Industrial Group Bhd is proceeding with the merger of its stockbroking unit with two other securities firms in spite of the new ruling limiting to 10 the number of stockbroking firms allowed to be listed on the main board of the Kuala Lumpur
      Bernama  -  262 words
    • Article
      Lock icon Petronas wants to manage own cash reserves of M$5.6b
      399 3 Company will have to tread very carefully: bankers Reuter MALAYSIA'S state oil company plans to directly manage its cash reserves of more than M 55.6 billion (about 553.6 billion), currently handled by a Malaysian bank and two foreign investment firms. The
      Reuter  -  399 words
    • Article
      Lock icon Amalgamated Steel to make M$33m from hotel disposal
      416 3 Bernama AMALGAMATED Steel Mills Bhd (ASM) expects to mal«e a gain of about Ms 33 million (about 5521.1 million) from the disposal of the soon-to-be-constructed international 500-room five-star hotel in Jalan Ampang, Kuala Lumpur. ASM said on Monday it was, however, not
      Bernama  -  416 words
    • Article
      Tech Trade makes bid for full control of Chloride Eastern
      297 3  -  By S N Vasuki TECH TRADE (Singapore) Pte Ltd, a Singapore-based investment company, yesterday made a formal takeover offer to shareholders of Chloride Eastern Industries Ltd (CEIL), a leading Asian battery manufacturer, to acquire the remaining shares in the company
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    • Article
      SIA orders 30 Pratt & Whitney engines
      250 3 SIA orders 30 Pratt Whitney engines SINGAPORE AIRLINES (SIA) has ordered 30 jet engines from Pratt Whitney to power the carrier's latest fleet of six Boeing 747-400s (Megatops). The latest engine contract, worth US$2lO million (Ss37o million), underlines further Pratt Whitney's de-cade-long monopoly over SlA's aircraft power needs. To-date. SIA
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    • COMPANY BRIEFS
      • Article
        Hong Leong Ind's share bid turned down
        43 3 MALAYSIA'S Capital Issues Committee has turned down Hong Leong Industries Bhd's proposed aequisition of shares in Malaysian Pacific Industries Bhd and a two-for-five rights issue. Bumiputra Merchant Bankers Bhd announced on behalf of the company yesterday.
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      • Article
        Dunlop bids for rest of Magnum
        89 3 DUNLOP ESTATES Bhd, a subsidiary of Multi-Purpose Holdings Bhd. has announced an unconditional cash offer for all of the shares of Magnum Corp Bhd it does not already own at M 57.42 per share in cash. Dunlop said it had obtained the approvals of
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      • Article
        G K Goh assures SES
        53 3 G K GOH HOLDINGS said in response to queries from the SES that its proposed bonus shares will rank equally with the existing 20-cent shares. It added that the directors did not expect any reduction in the amount of dividend to be paid on the
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      • Article
        OUS gets additional director
        37 3 OVFRSEAS UNION SECURITIES appointed Tay Kwang Thiam as an additional director yesterday. Mr Tay is the chairman of Wuthelam Holdings Pte Ltd as well as a director on the boards of other companies.
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      • Article
        CIC revises George Kent issues
        91 3 GEORGE KENT (Malaysia) Bhd said the Capital Issues Committee had approved its proposed bonus and rights issues but on revised terms which its directors had agreed to. George Kent said in a statement yesterday that the CIC approved the proposals on March 15, but revised
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      • Article
        Revaluation surplus approval
        60 3 SHELL REFINING Co (FOM) Bhd said the Capital Issues Committee had approved the incorporation of a revaluation surplus of MS 18.74 million into its books of accounts arising from the revaluation of its land and buildings at M 563.42 million. The audited net book value of these
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      206 3 I'll call you again tomorrow from the hotel. A k. ANA HOTEL SINCAPORE nn Mill S Ill,' i 11, II I>' !'•< l<« ..I 1 1 1,, 1,1, \lis|\ l<> JIM 1.1 FIRST OF ITS KIND IN SINGAPORE ThePlaceFor Airf lown Australian v BBQRibs Choice of Beef Pork Ribs. Speciaily
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Renison to reopen Tasmanian tin mine
        68 4 RENISON Goldfields Consolidated Ltd intends to reopen its tin mine on Tasmania's west coast after employees have voted to accept the company's survival plan. According to Renison, 207 employees elected to support the reopening of the tin mine, shut down two weeks ago after
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      • Article
        HK contract for Bouygues
        46 4 FRENCH construction group Bouygues announced on Monday that its Dragages et Travaux Publics Hongkong subsidiary had signed a contract for building an extension of the City Polytechnic university campus in Hongkong. It said the contract was worth HK$472 million (S$ 107 million).
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      • Article
        The Tatler from Thailand
        47 4 THAILAND'S leading publishing company is to launch a Thailand Tatler under a license agreement with the Hong-kong-bascd Illustrated Magazine Publishing Company. Nigel Oakins, managing director of Post Publications, said the Thailand Tatler was a natural progression from the Hongkong, Singapore and Malaysia Tatlers.
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      • Article
        UK offer for Bundaberg
        46 4 BRITISH sugar group Tate and Lyle pic will offer A 53.70 (Sss) a share for Australian sugar producer Bundaberg Sugar Ltd. The offer values Queensland-based Bundaberg at $290 million, a spokesman for Beerworth and Partners, which is advising Tate and Lyle, said.
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    • Article
      Lee Gardens group eyes Asia-Pac opportunities
      552 4  -  From John Tan IN HONGKONG HONGKONG'S Lee Gardens group, a long-estab-lished hotel group of construction kingpin Lee Hysan, is expanding its scope outside the colony and China. Lee Gardens International, which currently operates and/or owns equity stake in five hotels in China and one
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    • Article, Illustration
      Lock icon Murdoch and Maxwell said to be vying for Ming Pao stake
      440 4 Reuter HONGKONG publishing group Ming Pao goes public on Friday amid rumours that international newspaper tycoons Rupert Murdoch and Robert Maxwell are vying for a stake in the colony's Chi-nese-language market. Louis Cha. editor and founder of the Chinese-lan-guage
      Reuter  -  440 words
    • Article
      Lock icon CRA makes A$7.85 a share offer for Coal and Allied
      282 4 Reuter CRA Ltd said it will make a takeover offer for Coal and Allied Industries Ltd at A 57.85 (S$ 10.60) a share cash, valuing the company at around $437 million. CRA said it is entitled to 14.4 per cent
      Reuter  -  282 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      460 4 I BUSINESS BLOOMS WHEN J DOESNOT "W DRIVE CUSTOMERS W IHII I 111 *****1 l II f AWAY. I AWAY. I Follow this rule and you will be Follow this rule and you will he assured of success. assured of success A good standard of service is A good standard
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      Page 4 Advertisements Column 2
      76 4 A 40% shareholding in a private I 1 Malaysian General Insurance Company §9 is for sale. I Property, Motor and other j» general insurance I Gross Written Premium Income I 1989 approx Msl4 million I Net Profit 1989 approx I M$ 1 million I Market share 1% I For details
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Lower profit, higher dividend likely at BAT
      615 5 Reuter BRITISH financial services and tobacco company BAT Industries pic is expected to report sharply annual lower profits today. But. according to analysts in London, the company is expected to announce a higher dividend. The analysts forecast pretax profits in 1990 at between
      Reuter  -  615 words
    • Article
      Lock icon Chrysler in talks with parties to sell stake in financial company
      420 5 NYT CHRYSLER CORP is discussing the sale of a stake in Chrysler Financial Corp with a couple of potential suitors but Japan's Mitsubishi Motor Corp has said it is not interested. Chrysler, the No 3 American carmaker, which has
      NYT  -  420 words
    • COMPANY BRIEFS
      • Article
        Milken permanently barred from securities
        115 5 JUNK BOND financier Michael R Milken, serving a 10-vear prison sentence for his part in Wall Street's biggest scandal, has been permanently barred from the securities industry, officials announced on Monday. The Securities and Exchange Commission said Milken, currently imprisoned at a federal prison work
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      • Article
        Bloomingdale's in Japan
        66 5 BLOOMINGDALE's plans to become the first US department store chain to invest in Japan by opening a branch in a new commercial centre in Tokyo's eastern suburbs, it was announced on Monday. Bloomingdale's wants to become the key tenant of a 1.2-hectare, 11-story shopping centre that is
        66 words
      • Article
        LA Gear, bankers reach accord
        85 5 LA GEAR INC said on Monday that it had reached an accord with its bankers to revise a lending agreement the company broke when it reported a US$7 million (S$ 12.3 million) fourth-quarter loss. The new agreement, with a group of bankers led by the
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      • Article
        Elektrolux to acquire Lehel
        74 5 AB ELEKTROLUX unit Zanussi Spa has agreed to acquire 100 per cent of Hungary's Lehel Refrigerator Factory, sources at the State Property Agency (SPA) said. They declined to disclose details of the deal. Elektrolux spokesman Gustav Uggla said last week the companies had agreed last May
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      • Article
        US high court vacates award
        73 5 THE US Supreme Court said it vacated an award of US$2 million (553.5 million) in punitive damages against Pacific Enterprises and two of its former subsidiaries involved in real estate development. A jury in California awarded the punitive damages, plus $558,000 in compensatory damages, after
        73 words
      • Article
        Proposed AMR offering
        78 5 AMR CORP filed a shelf registration with the Securities and Exchange Commission for an offering of up to US$l billion (S$ 1.76 billion) in debt and warrants to purchase debt securities. Proceeds would be used for general corporate purposes, including buying aircraft and equipment. AMR named no
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    • Article, Illustration
      Lock icon Tel Aviv stock market enjoying major boost after the Gulf War
      477 5 AFP TEL AVIV's stock market is seeing a major boost in trading following the Gulf War slump, with sales setting record highs, market sources have said. The 40 major shares have jumped 33 per cent since the beginning of
      AFP  -  477 words
  • Page 5 Advertisements
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      244 5 i i I Qi?WKT NEXT ON THE BAY? j I I <1 k fttAft». 'I I <1 I Your office lease expiring soon? Expanding your office? Relocating your office? ij Here are a dozen reasons why you should call Shirley Lim/Susan Eng i at 339 8787 Marina Square. Jj i
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        HKBank opens securities arm
        65 6 THE Hongkong and Shanghai Banking Corp has set up a securities centre in Taipei. The bank is one of only three foreign banks offering investment in the Taiwan stock market opened since !X*cembcr to direct investment by foreign financial institutions, according to manager Sandy Flockhart. "This
        65 words
      • Article
        Fed approves Citicorp's moves
        72 6 THE Federal Reserve Board has approved applications by Citicorp, the largest banking firm in New York, to acquire banks in Illinois and California. It approved the takeover of Brookfield Bancshares Corp, the 87th largest depository company in Illinois, and its wholly-owned subsidiary, Brookfield Federal Bank for
        72 words
      • Article
        Beijing to set up bond market
        67 6 CHINA will set up a Treasury bond market within the year to normalise sales of bonds. In a test of a new dotation system, Beijing's finance ministry is issuing bonds to wholesalers, who will in turn sell them to retailers and investors. It has
        67 words
      • Article
        No need to cut discount rate
        65 6 JAPAN does not need to lower its discount rate under the current economic conditions, the head of Japan's leading business lobby group says. Discount rates should not be determined by trends in prices and business conditions alone. Funds recycling and other factors should be
        65 words
    • Article
      Head of Kuwaiti bank charts post-war directions
      351 6  -  By Quak Hiang Whai THE CHAIRMAN of the National Bank of Kuwait (NBK) has identified three areas which will be the bank's business focus during its post-Gulf War operations. Writing in the bank's latest annual report, Mohamed Abdul Mohsin Al-Kharafi said the Kuwaiti
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    • Article, Illustration
      Lock icon Plan to allow FDIC to borrow US25b more
      362 6 Bid to keep federal deposit insurance plan afloat NYT IN AN EFFORT to keep the federal deposit insurance programme afloat, the Bush Administration will propose that bank regulators be able to raise the amount they can borrow by US$25 billion (about Ss43
      NYT  -  362 words
    • Article
      Telerate to provide Taipei data
      112 6 TELERATE (Asia Pacific) will add financial market information on Taiwan to its real-time global network from May. Yesterday, the US-based supplier of electronic financial information signed an agreement with Info Times. a wholly-owned subsidiary of Taiwan's largest media organisation. China Times group. Info Times provides
      112 words
    • Article
      Lock icon Bank Bali cuts rates
      101 6 Reuter LEADING Indonesian private bank Bank Bali has cut its interest rates on deposits by one to I '/i point following a two-point cut by two leading state banks. A company official said Bank Bali cut one month rates to 25 from 26.5 per cent and
      Reuter  -  101 words
    • Article
      Lock icon Australia's foreign banks seen paring operations
      410 6 Reuter FOREIGN BANKS in Australia, which have racked up almost A$ I billion (about S$ 1.36 billion) of losses since 1985, will continue to scale down their operations and concentrate on niche markets to remain viable. Analysts and accountants say the 15 foreign banks
      Reuter  -  410 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      471 6 DBS FINANCE GROUP Our New PP Cord... dp- fe-": usive Privileges... Automatic Revolving Credit Share Financing Facilities of 'Interest rate discount of First year 0.25$ interest VISA connection with up to Facilities up to value of the up to three times the value 0.25% from board lates on rate discount
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      Page 6 Advertisements Column 2
      295 6 ASEAN FUND LIMITED (Incorporated m the Republic of Singapore) 180 Cecil Street #17-00, Bangkok Bank Building, Singapore 0106. Tel: *****55 Telex: RS ***** AFCSGP Fax: *****27. Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Second Annual General Meeting of the Company will be held on Friday, 5
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  • Page 6 Miscellaneous
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      86 7 A BOU) development: rf LOCATED AT THE EDGEOFTHE BUSINESS I^lll 111 I|l I J PANORAMIC LOOKING THE 11 1 port IN 1111 11 }]p^Cj|BM||^^m|^^^^B YOUR HOUSED IN A ±2&:* a TOWER SUITED with 10 HOE CHIMG M> G °<c i %S?2S> 4 V C <sss *"5- e V o.o° V.
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  • THE REGION
    • Article
      Lock icon M'sia on course tapping tourism gold mine
      404 8 AFP MALAYSIA is on course to make tourism a gold mine of foreign exchange earnings despite a setback early this year when arrivals fell sharply because of the Gulf war, officials and tour operators say. They said the industry would keep the momentum
      AFP  -  404 words
    • Article
      Lock icon Intra-Asean tourism rising: report
      328 8 36.8pc of tourist arrivals are intra-Asean travel MBT ASEAN will continue to be its own best tourism market as the importance of intra-re-gional travel grows and economic performance of the region strengthens, according to the Asean tourism industry 1990 preliminary report. The report shows that the
      MBT  -  328 words
    • Article
      Lock icon Crackdown on fake mineral water
      156 8 Bernama THE domestic trade and consumer affairs ministry will prosecute certain manufacturers following the chemistry department's finding that imitation mineral water was being sold in the market. The ministry's enforcement division principal assistant secretary, Mohanted Said Mohamed Zain, said that manufacturers found to have contravened
      Bernama  -  156 words
    • Article
      Lock icon Hanoi needs to do more to help its private companies
      395 8 Reuter ECONOMIC reformers in Vietnam's government gained from a foreign investors' conference last week, but the meeting showed how much further Hanoi must go to help its emerging private sector, diplomats and Western businessmen said. Western diplomats, local executives and
      Reuter  -  395 words
    • NOTE BOOK
      • Article
        Thai king to preside over Assembly opening
        75 8 THAILAND'S King Bhumibol Adulyadej is expected to preside over the opening session of the provisional militaryappointed National Assembly on March 28, it was reported in Bangkok on Monday. The names of the 292 members of the military-dominated National Assembly were announced in the
        75 words
      • Article
        Abolish state labour unions?
        62 8 A SENIOR THAI labour official on Tuesday criticised the military junta's announced intention to abolish state enterprise labour unions. The junta said last week it wanted to dissolve state labour unions because they were blocking national economic development. These unions have fought off attempts by previous
        62 words
      • Article
        Manila investigating reports
        94 8 THE PHILIPPINES is investigating reports that Iraqi soldiers drowned 50 Filipino dock workers in Kuwait at the height of the Gulf War, a labour department spokesman said yesterday. Labour Secretary Ruben Torres said in a report to President Corazon Aquino the deaths were still to be verified
        94 words
      • Article
        Communists who want to return
        79 8 MANY former officials of the outlawed Communist Party of Indonesia (PKI) want to return home after almost 25 years of exile, the leading Kompas daily said yesterday. They were studying abroad at the time of the abortive PKI-backcd coup attempt in 1965, the Coordinating Minister
        79 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      504 8 It's Cut Out To Double As A Desktop Computer t And Is Twice As Attractive At $2300. j in mi DKpiiM ■inMi'TO'll 11l 1 B 1 ff j i j I,H hI 111 I /-IM— 1' I 1 I /1 BBm yl JHs —i —Jft —t —t I //HT r
      504 words
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  • THE WORLD
    • Article
      Lock icon Germany offers to help upgrade Soviet oil industry
      427 9 Move follows Moscow's decision to cut exports Agencies BONN has offered to help Moscow modernise its ailing oil industry in exchange for additional supplies of oil and gas following a report that the Soviet Union will halve its oil exports. The German
      Agencies  -  427 words
    • Article
      Lock icon No sharp slump for Japan: BOJ chief
      207 9 Reuter JAPAN'S economic growth, although slowing gradually, is unlikely to show a significant downturn, says Bank of Japan (BOJ) governor Yasushi Mieno. He told Parliament yesterday that it was natural for the economy, which has grown an average annual 5 per cent over
      Reuter  -  207 words
    • Article
      Lock icon EC urges European firms to help fight oil fires
      207 9 The Gulf after the War Reuter EUROPEAN Community environment ministers said yesterday that they want Europe's oil industry to help US experts extinguish fires at hundreds of Kuwaiti oilwells that are billowing poisonous smoke over the region. In a statement agreed
      Reuter  -  207 words
    • Article
      Lock icon Egypt, World Bank reach tentative aid plan
      292 9 UPI EGYPT and the World Bank have tentatively reached agreement on a US$45O million (***** million) aid package in the wake of recent reforms to the country's debtridden economy. Officials in Cairo said on Monday that the longawaited package, to be formally signed
      UPI  -  292 words
    • Article, Illustration
      Lock icon White House seeks credits for arms exports
      347 9 Reuter US PRESIDENT George Bush wants Congress to let a federal agency underwrite up to US$l billion (551.76 billion) in foreign arms sales to help US defence companies compete. The agency, the US Export-Import Bank, helps guarantee loans enabling foreign countries to buy
      Reuter  -  347 words
    • Article
      Lock icon US warns of anti-dumping duties on cement imports
      212 9 AP THE US government has threatened to levy antidumping duties up to 85 per cent on certain Japanese cement and building materials that it determined were being sold in the United States at "less than fair value". A Commerce announcement on Monday
      AP  -  212 words
    • WORLD WATCH
      • Article
        Call for US retaliation over Tokyo rice row
        70 9 A US SENATOR from Louisiana, a rice-growing state, has suggested that Americans retaliate against Japan's ban on foreign rice by boycotting Japanese cars and electronic goods. Democrat John Breaux said in Washington on Monday that the Japanese government should also apologise for
        70 words
      • Article
        Chinese official to visit Taipei
        70 9 AN OFFICIAL from China is to go to Taiwan later this year in what would be the first visit by a Beijing trade representative to the breakaway province. Zheng Hongyc. chairman of the China Council for the Promotion of International Trade, said he would lead
        70 words
      • Article
        EC, Central America near deal
        80 9 EUROPEAN COMMUNITY and Central American foreign ministers were opening a two-day conference in Managua on Monday after ncaring a compromise which could lead to Central America gaining preferential trade status in Europe. EC diplomats said. The annual aid meeting of foreign ministers and deputy ministers
        80 words
      • Article
        E German land plots for sale
        102 9 AROUND 1.000 plots of state-owned land in eastern Germany will go on sale next week under a government programme to spur investment in the territory of former East Germany. The auction, overseen by a subsidiary of the Treuhandanstalt. the agency assigned to private east
        102 words
      • Article
        Polish prices up 20pc
        84 9 POLISH PRICES jumped by 20.3 per cent in the year's first two months, while industrial output fell by 3.2 per cent in real terms and the trade deficit was US$64 million (S$ 112.6 million) for that period, according to figures from the government's Planning Office. Prices,
        84 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      104 9 The Bio Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce
      104 words
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      Page 9 Advertisements Column 2
      213 9 \Habsburg Fine Art Auctioneer* WATCHMAKER TO THE CROWNED HEADS AND COU RTS OF VI T jfy Em EUROPE 200 a THE ART OF BREGUET: EXHIBITION AND AUCTION. Habsburg. the world's leading auctioneer in horology, is proud to present, in association with Breguet, an important exhibition f celebrating the genius of
      213 words
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  • Article
    Short pause after the big bang
    472 10 EDITORIAL INDONESIA unveiled new banking regulations last week which will allow the central bank. Bank Indonesia, to exercise greater supervision and control over the country s banking industry. The new regulations have been interpreted as an attempt by the country's regulatory authorities to consolidate
    472 words
  • WHAT THE OTHERS SAY
    • Article
      No Pax Nipponica
      219 10 PROPELLED more by international trends than by any resurgence of militaristic sentiment at home, Japan is on the way to complementing its global economic and technological clout with military influence. Few Asians welcome this development. It is no secret that security in Pacific Asia over the past
      219 words
    • Article
      In-depth drug study
      121 10 THE interest expressed by the five Malay-Muslim organisations Taman Bacaan, Perwanit, Bawean Putra Takraw Club, JHD and MTFA to establish halfway houses for Muslim ex-drug addicts is a good sign. The move is part of the response by Malay/Muslim organisations to prepare a five-year plan and take
      121 words
    • Article
      Flexibility needed
      144 10 CHILDREN will soon be assigned to different language streams at kindergarten level. The objective of this is to enable them to have a good command of English and their mother-tongues when they start primary' education. But the issue of "language most frequently spoken at home" needs to be
      144 words
  • REGIONAL VIEWPOINTS
    • Article
      Economic slowdown
      198 10 AFTER 52 months of continuous expansion the Japanese economy apparently has entered a stage of deceleration. It's premature, however, to decide whether this is an adjustment that will ensure maintenance of growth at a more stable pace or the start of a more serious change leading to a
      198 words
    • Article
      Asia-Pacific security
      138 10 THE coming Asean summit, to be held in Singapore early next year, could well be the most appropriate forum to give initial direction to the etYorts to forge a working security cooperation scheme for our region. That, however, means that between now and the time when that meeting
      138 words
    • Article
      Developing Asean tourism
      140 10 WITH the end of the Gulf War and with an eye on increasing intra-regional -travel, tourism industry officials from both the public and private sectors in Asean are to meet in mid-1991 to map out new strategies to get more people to travel within the region. There
      140 words
  • Article, Illustration
    Lock icon Prosperity is not easy anymore
    1203 10 The pursuit of the life of ease has left the Australian economy in a mess, says The Economist. C an Bob Hawke's Labor government do anything about it? The Economist WHEN the sun shines and the surf is strong, when your sportsmen triumph around the
    The Economist  -  1,203 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      365 10 BAT British-American Tobacco Company (Singapore) Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-eighth Annual General Meeting of British-American Tobacco Company (Singapore) Limited will be held at the Registered Office of the Company. 57 Senoko Drive. Singapore on Friday. 19 April 1991 at 11.30 am for
      365 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      54 10 DOONESBURY BY GARRY TRUDEAU LOOK AT THIS ROOM, WHVYA, ME PON7 EVEN HAVE A LICENSE, V HOW CUE GOT KJIAUSTS, ANPAIMAW OWSCUQIS THE f VIMH WHAT* fome>Tb, militia, mapjnbs, hottest hangout in the saw ahem. wOOb I i saip, one just ENGINEERS. FIRBfIGHTERS, AU- WE NEW ARE SOME EXOTIC, 'ffOOB
      54 words
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  • ANALYSIS
    • Article
      Lock icon Strong centrifugal forces pulling Balkans apart
      932 11  -  With Yugoslavia apparently on the brink of collapse, David Anderson, a former US ambassador in Belgrade and currently head of Aspen-Berlin, a privately financed foundation, spoke to Joseph Fitchett of the International Herald Tribune about signs of long-term instability in the Balkans Joseph Fitchett
      IHT  -  932 words
    • Article
      Chipping in, for now
      1103 11  -  Magdalene Ng reports on two men, originally from Singapore, who are making important contributions to America's Silicon Valley and who are now building on their Singapore connections Magdalene Ng Singapore's policy of extending its international reach, through an informal network of Singaporean expats around the world,
      1,103 words
    • Article, Illustration
      Work may bring computer expert back
      184 11 DR Kee Ong. founder of the Silicon Valley company Versant Object Technology. is now working with Singapore Computer Services on a project which may bring him back to Singapore permanently. Meanwhile, he plans to come home from time to time to conduct seminars and
      184 words
    • Article, Illustration
      Which place is home?
      326 11 MR HT Chua. who has lived in the United States for more than 30 years, is not sure if he would fit here now "because I can't cat chee cheong fun or porridge for breakfast anymore." The problem is more serious if it is regarded as
      326 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      149 11 r FOR SALE BY TENDER Q Milton pari/" BOWRAL, NEW S()tTH WALKS. U STRALIA "Australia f spremier convention destination." Championship t36 hole golf course under construction. Nestled in 870 acres of" forest ami park I ami the ({state features: The Hotel accredited by the prestigious Relais et Chateuax Group as
      149 words
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  • THE LAW PAGE
    • Article
      Harry Elias and Niru & Co to merge
      395 12 Harry Elias and Niru Co to merge TWO LOCAL law firms, Harry Elias and Partners and Niru and Company, have agreed to merge. The move was announced by Niru and Co in a letter to clients on March 14. The new firm will retain the name of Harry Elias and
      395 words
    • Article
      Yosper, Societe Generale settle out of court
      527 12  -  By David Gabriel THE legal dispute between the liquidators of Vosper Private Limited and French bank Societe Generate, reported in The Law Page of Dec 19, 1990, has been settled out of court. The issue involved the renewal of a continuing guarantee issued
      527 words
    • Article
      Before the wrong court
      763 12 CASE, IN THE MATTER OK ORDER 3 RULE 5 OF THE RULES OK THE SUPREME COURT. The High Court of the Republic of Singapore. Originating Motion No 9 of 1991. Justice Chao Hick I in. THE LAWYER for a respondent in a divorce ease applied to
      763 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      48 12 Hop around Asia with Qantas. 81 1 Hop between three of Asia's most exciting cities. And enjoy an in-flight service that brings together the best of hast and West. For further details call Qantas on 737 3744 or your travel agent, te QANTAS 1 lie Spirit of Australia.
      48 words
    • Advertisement
      Page 12 Advertisements Column 2
      148 12 IPLUSS INTERNATIONAL ASIA I Head Office in Geneva (Switzerland) I realizes for you on short notice any type of H architectural projects I by adopting futuristic ideas, new forms, new concepts. H PLUSS INTERNATIONAL realises outstanding real- H estate programs worldwide by using Swiss quality standards H and disposes of
      148 words
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  • SPORTS
    • Article
      Lock icon Pat McEnroe defeats Becker
      311 13 AP PATRICK McENROE did something on Monday his brother has done only once. He beat Boris Becker. McEnroe, enjoying the best year of his career, upset the second-ranked German 6-1, 6-4 in the third round of the International Players Championships in Florida. Becker has a 6-1
      AP  -  311 words
    • Article, Illustration
      Lock icon Tyson wins on technical knockout
      655 13 AP MIKE TYSON beat Razor Ruddock in a battle of bombers, but in the end it was a referee's call that finished Ruddock. The victory placed Tyson a big step closer to trying to regain the world heavyweight championship. But the way it ended may
      AP  -  655 words
    • SIDE LINES
      • Article
        South-east Asian cross country race in June
        100 13 ABOUT 150 people are expected for a race for four-wheel-drive vehicles along tropical jungle tracks and rough roads in Singapore, Malaysia and Thailand this summer. The first "South-cast Asia Cross Country Raid" is scheduled for June 29 to July 14, said Jacques Barral,
        100 words
      • Article
        Robson for MU forever
        67 13 ENGLAND captain Bryan Robson is expected to sign a new two-year contract which will tie him to Manchester United for the rest of his playing career. United manager Alex Ferguson said on Monday: "We would like Bryan to stay for a further two years, but it
        67 words
      • Article
        Jahangir loses top seeding
        56 13 JAHANGIR KHAN, who will go for a record 10th British Open squash title next month, has lost his position as top seed for the first time in eight years. Jahangir will be only number four seed, matching his current world ranking. Jansher Khan, the reigning world
        56 words
      • Article
        Mora takes overall lead
        73 13 NESTOR MORA of Colombia became overall leader in the 28th Catalan Week cycling race after he won the first leg on Monday. Mora covered the 146-km leg, with start and finish in Lloret de Mar. in a time of three hours, 45 minutes and 17 seconds.
        73 words
      • Article
        Eagerly waiting Gazza
        61 13 FANS of Italian First Division football side Lazio are already celebrating the signing of England international Paul Gascoigne. They have taken the words of club president Gian Marco Calleri to heart and on Sunday, during I-l draw with Cagliari. thousands of them waved Union Jacks alongside their
        61 words
    • Article
      Golf enthusiasts get another resort on Batam
      253 13  -  By Cassandra How ANOTHER golf resort is taking shape on Batam Island. Paradise Bay Golf Resort, a 5250 million project that is being developed by Bunzan and Co Ltd (20 per cent), Boonoon Investments Limited (42 per cent), Fudo Co Ltd (20 per
      253 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      325 13 HOW TO IMPROVE YOUR COMPANY'S QUALITY FOR AS LITTLE AS $140. Quality it makes all the difference to WORKperfect, like all FAST your company's bottom line. WORKperfect FORWARD courses, teaches through At only SI4O per person, WORKperfect is The FAST FORWARD way to 100% Right work. video. That means no
      325 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      972 14 mimbm Til MIME- DIME MID ENTHITAIH WHERE TO WINE, DIME MID ENTEHTMH WHERE TO WIHE, DINE ——^I I AT CONNECTIONS NEED WE SAY MORE? M BAR OPEN FROM 12.00 NOON TO 5.00 PM. HAPPY HOUR St DJ MUSIC: 5.00 PM TO 8.30 PM. BAND PERFORMS FROM 9.00 PM TO 2.00
      972 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      648 14 TELEVISION AND RADIO Arrnn/1 th. n»««. f;S S&S business on radio gOOU Idiner: o*3o Close. apartment. And her death is 7.10 am, 9.Zsam, l.aopm, s.jupfn. 6.30 PM CNN International (L). linked to The Doctor of g M News(Vll 3.25 am: Financial News 8.00 Trials d Ull Death. from Louisas k
      648 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Marley mania catches fire
      873 15  -  A decade following his death, reggae superstar Bob Marley is being rememberedin a series of tributes worldwide, reports John Swenson. John Swenson Reuter 808 MAR LEY'S life and work are being commemorated with a scries of celebrations 10 years since the death of the Jamaican pioneer
      Reuter  -  873 words
    • Article, Illustration
      'Royal' lambs and smiling islanders
      428 15 CHATTERBOX A SUPERMARKET has begun selling lamb raised in accordance with Prince Charles' ideas of green farming. The lamb, marketed under the prince's Duchy of Cornwall seal, will be testmarketed at two stores, priced about 15 per cent higher than regular lamb, a spokeswoman for
      428 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      287 15 AND ENTERTAIN AYen For Fresh Japanese Food. l I S5 2 LUN< I f-88 8 I Sjjjn 2 |)inn,k «> «> I e 1 ESS 3 PK|< < I 1 T 1 §g 5 ,OIOT,SFRVIt> I Unkai flies in fresh ingredients daily I from Japan. To give you nothing less
      287 words
    • Advertisement
      Page 15 Advertisements Column 2
      248 15 -.J?*-, W I j >czg)? v r v >;.? Sr *v ■g i j The freshest, liveliest seafood place in town. You'll have to go a long way to find seafood j. any fresher. Lunch: 12 noon 2.30 pm. '7 Except Sunday. Dinner: 6.30pm 11.00pm. n«>oo. rH( SEAFOOD PI.At t
      248 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares continue to trade within narrow bands
      4455 16  -  By Quak Hiang Whai THE: SINGAPORE stock market continued to drift within narrow hands yesterday, following weaker finishes in overseas markets. Reflecting the mixed market sentiment. the Straits Times Industrials Index closed 1.29 points lower at 1.484.84. after gaining about three points at
      4,455 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4223 17 Main Board OUF. 780 F 25 t 3.3% SHU Foreign 1140 +20 +1.8% (X IK' Foreign 1040 F20 F2.0% Jurong Ship 50* 805 F 20 F 2.5% Shangri-Fa 695 I 15 t 2 2% City Dev 50" 370 F 14 F3.9% CAC 452 F12 *2.1%
    4,223 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      162 18 Company Date Year Croup Not Not earnings Cross ann to profit/loss (L) por share dividend (000) (cents) Pacific Can Mai 18 Sep 90 $1.376l($591m) —(0 8) Keppel Finance Mar 15 Dec 90 $5 276(55.169) 6 4(8 0) 5(4) Van der Horst Mar 12 Sep 90 $2,451(11 902) 4
      162 words
    • Article
      PRELIMINARY RESULTS
      472 18 Company Date Year Group pre-tax Net earnings Gross ana to profit/loss (L) per share dividend ('000) (cents) MTC Mar 18 Dec 90 MJ65 654(MJ52.409) 19(15) 37.2(218) OUB Mar 18 Dec 90 $85.644c($75,497c) 27 6(24 4) 11(10) 0UE Mar 18 Dec 90 |36.907($15,778) 202(74) 16(11) OUT Mar 18 Dec
      472 words
    • Article
      INTERIM RESULTS
      360 18 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) CI Holdings Mar 18 Dec 90 M$11,432(M$9.383) 8(—) Pan Pacific Mar 18 Dec 90 $1,884($1,586) GK Got) Mar 15 Dec 90 $5,091(1,513) Material H Mar 15 Dec 90 $549($502) FAI Ins Mar 13 Dec 90 A$29,495l($27.905)
      360 words
    • Article
      CORPORATE DEVELOPMENTS
      480 18 Mar 18 Local retailer. CK Tang, is setting up a new retail outlet in Ngee Ann City complex for an initial cost of $35m by 1993. Nat Steel Ltd plans to build a golf and country club in Singapore costing up to $250 m The project, about 126
      480 words
    • Article
      DIVIDENDS ANNOUNCED
      733 18 Current Ex Books Date Total for Total for payment date close payable the year last year Asean Find USSO 10(b) Mar 18 Mar 28 Apr 8 USJ010 Anno 5%TE Feb 25 Mar 7 May 15 12 5%TE 25%TE BAT 104 8% Apr 15 Apr 26 May 10 1524%
      733 words
    • Article
      RESULTS DUE
      681 18 Mam Board Last Full Year Coi*aiy Penal Date Year Net EPS Grow Net umiKtd endrtf (cants) profit last year 000) CUB Pacfcaptf interim Nov 13 Dec 90 29 7 132 11.616(e) BMT Interim Jan 10 km 91 254 2 1500 773 took Final Feb 16 Dec 90 1.7461
      681 words
    • Article
      BONDS, LOANS & WARRANTS
      858 18 BONDS, LOANS WARRANTS Company Conversion period Convorsion torm lor mn ordimry dun C4C Nt Before 26 4 93 1 warrant plus {3 09 cash Causeway Loan Causeway Wt 2 10 89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus $0 77 nominal amount of loan stock
      858 words
    • Article
      APPROVED ISSUES
      220 18 Company Rights Issue H Leone Cralt Two-tor hve M$2 00 per share Ei-date Feb 21 Boohs dose Mar 1 Acceptance > Payment Apr 19 Kl Industries One Kuala Lumpur Industries HMgs Bhd share of MJ1 each for sewn KLl shares of 50 sen each Rights issue of one
      220 words
    • Article
      PROPOSED ISSUES
      334 18 Company Rights Issue Neon One-tor two MSI 00 per share Issue ol 40m Cumulative Redeemable Preference Shares ot MSO10 each at MSI per share with 10m detachable ISR Botton One fof four <a MS2 00 per share Geor(c Kent One for two <a MSI 50 per share H
      334 words
    • Article
      COMPANY MEETINGS
      89 18 Pubic Bank Bhd: 25th AGM at the Ballroom. Hotel Equatorial. Jalan Sultan Ismail, ***** Kuala Lumpur or Friday, March 22, at 11am. Van Der Horst Ltd: 17th AGM at 11, Pandan Crescent. Singapore 0512 on Friday, March 22, at 10am. Summa investments Ltd: EGM at the Boardroom, 10
      89 words
    • Article
      RECORD HIGHS & LOWS
      220 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 lifh: 1307 07 (7/3/91) 1991 hifh: *****7 (7/3/91) 1991 km: *****2 (16/1/91) 1991 low: 1149 08 (16/1/91) 1990 h«h: 1435 43 (16/7/90) 1990 lifh: 1607 12 (27/3/90) 1990 low: 981 07 (09/11/90) 1990 low: 1079 50 (11/10/90) 1989 Neh: 1322
      220 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      243 18 NOTICE BANK DAGANG NEGARA Cayman Islands Branch U5575,000,000 Negotiable Floating Rate Notes due September 1997 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from 20 March 1991 to 20 September 1991, the Notes will carry an Interest Rate of 6.875% per
      243 words
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      Page 18 Advertisements Column 2
      14 18 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Times
      14 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Further profit-taking sends KL shares lower
      4165 19 Bernama SHARE PRICKS in Kuala Lumpur finished yesterday lower on further profit-tak-ing, triggered by losses on the Tokyo market and an 18.32point decline on Wall Street overnight. The KLSE Composite Index fell 2.08 points to 594.54 while the Industrial Index shed 3.87 points to
      Bernama  -  4,165 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      121 19 NEWS FLASH nZ+» K IT MIGHT SURPRISE you to know that Shipping Times is the most well read paper in the transport industry. Every day it brings vou: Bunker Reports. Shipping Agents' List, Freight Rates and a guide to port of calls of major shipping lines, among others. In the
      121 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end moderately lower in dull trade
      2242 20 Reuter TOKYO stocks closed moderately lower as the market digested Monday's 300-point gain. Brokers said a lack of strong factors and the absence many investors ahead ot the fiscal year-end on March 31 kept trade thin. But underlying confidence kept sellers, and the
      Reuter  -  2,242 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Late bargain-hunting helps Hang Seng rise 27 pts
      2272 20 AFP SHARK prices rose in late bargain-hunting in quiet trading on the local stock market with the Hang Seng Index gaining 27.05 points or 0.7 per cent to 3,751.40 yesterday. Turnover rose to HKSI.B billion, against Monday's HKSI.7 billion. The market opened
      AFP  -  2,272 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Profit-taking ends Aussie winning streak
      • Article
        AUSTRALIA
        894 21 THE AUSTRALIAN sharemarket snapped a seven-day winning streak, elosing fractionally weaker as profit-tak-ers crept into the afternoon session. Brokers said there were small amounts of local and offshore buying, but the market was mostly supported by strong rises in takeover targets Coal and Allied and Bundaberg Sugar. "If the
        894 words
      • Article
        BANGKOK
        819 21 THAI stocks fell slightly as major world markets in New York and Tokyo also lost, brokers said. The SET index closed 1.57 points lower at 883.59 on turnover of 5.2 billion baht. Bangkok Bank, Siam Cement and Siam City Cement were unchanged at 381, 790 and 183 baht respectively.
        819 words
      • Article
        TAIPEI
        389 21 LATE buying in industrial shares pulled Taiwan share prices to a higher close after investors decided the market had reached its bottom, brokers said. The weighted index gained 18.76 points to finish at 4,837.60 compared with Monday's close. Turnover was NT$45.B billion against NT$5B billion. Dealers said investors entered
        389 words
      • Article
        SEOUL
        769 21 SEOUL'S market drifted down in moderate trade as investors worried about indications the government was seriously squeezing money supply, brokers said. The composite stock index closed at 672.16, down 5.99 points from the previous session. Turnover was 187.982 billion won against 213.765 billion won during Monday's session. Losses outpaced
        769 words
      • Article
        MANILA
        606 21 PHILIPPINE shares closed mostly steady or lower but a few blue chips generated speculation about coming stock dividends and buoyed the main index above the 1000-point resistance level for the second day, brokers said. The Manila Stock Exchange composite index edged 9.12 points higher to finish at 1,016.68. Brokers
        606 words
      • Article
        NEW ZEALAND
        348 21 NEW ZEALAND share prices edged higher yesterday in slow trading and brokers expeet the index to consolidate around the current level. The Barclays Index ended an estimated 4.39 up at 1,332.62. "It did well in view of how the Dow did," one broker said. Wall Street fell 18.32
        348 words
      • Article
        Lock icon JAKARTA
        634 21 Reuter TIGHT monetary conditions, the Muslim fasting month and a boxing match led to dull trading on the Jakarta stock market on Tuesday. The official index eased 0.72 point to 398.15 and volume was a thin 2.30 million shares. "There's only some foreign interest. I'm looking for a quiet
        Reuter  -  634 words
      • Article
        Untitled
        474 21 Close Prttinw March 19 SYDNEY All Ordinaries Index 1,455.3 1,457.8 -1.7 All Industrials Index 2.236.9 2,237.8 -0.9 All Resources Index 855.6 857.85 -2.2 Turnover (million) 94.61 8198 +12.63 BANGKOK SET Index 883 59 885.16 -1.57 Turnover(million hahl) 5.200 6.400 -1,200 JAKARTA Composite Index 398.15 398.87 -0.72 MANILA Composite Index 1.016.6
        474 words
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  • WORLD STOCK MARKETS
    • Dow continues to fall in volatile session
      • Article, Illustration
        NEW YORK
        1182 22 US STOCKS closed lower again on Monday after a day in which futures-re-lated programmes heightened volatility. Volume slowed from Friday's 237.7 million shares. The Dow Jones industrial average closed off 18.32 points at 2,929.95 after recovering from a deficit of 41 points earlier. Volume on the New York
        1,182 words
      • Article, Illustration
        LONDON
        814 22 LONDON shares got otT to a subdued start yesterday, although dollar strength helped some of the big exporting companies edge higher, as investors shunned the market ahead of this afternoon's Budget statement. Dealers said few surprises were expected from the budget and the market was more concerned with the
        814 words
      • Article
        AMSTERDAM
        280 22 DUTCH shares limped to a slightly easier close after being lifted from the day's lows by some professional shortcovering in the afternoon, dealers said. The CBS tendency index ended 0.3 point lower at 92.8, but above an intraday low of 92.5. Steel group Hoogovens was the main feature of
        280 words
      • Article
        BRUSSELS
        244 22 BELGIAN shares started mostly firmer in moderate trading, with investors taking fresh positions at the start of a new trading account. But dealers said the buying was limited. The new Bel2o weighted index, which includes the most liquid and heavily capitalised shares, rose at the start of trading to
        244 words
      • Article
        FRANKFURT
        168 22 GERMAN shares were slightly easier in quiet pre-bourse trading on Tuesday, weakened by profit-taking on Wall Street on Monday and lower German bond prices. Traders expect the 30-share DAX index, which declined 1.1 per cent on Monday to 1,552.85, to fall about one per cent further yesterday. While some
        168 words
      • Article
        MILAN
        276 22 ITALIAN shares opened lower across the board yesterday, with many blue chips slipping in thin, uncertain trading. "The market is unstable and is looking for a base at levels a bit under present ones. But the falls aren't sharp and the market is fluid," one broker noted. Pirelli SpA
        276 words
      • Article
        PARIS
        203 22 THE Paris bourse closed a lacklustre session on Monday at a two-week low as a quarter point cut in France's benchmark interest rate fell short of investors' hopes and failed to stimulate buying. The CAC-40 closed down 22.58 points or 1.25 per cent at 1,777.91, its lowest finish since
        203 words
      • Article
        JOHANNESBURG
        412 22 JOHANNESBURG share prices drifted narrowly around Friday's levels in subdued trading on Monday in the absence of any fresh stimulus. Dealers said caution ahead of the South African budget on Wednesday kept activity at a low ebb, as did warnings by some analysts that the recent run-up in industrials
        412 words
      • Article
        STOCKHOLM
        101 22 THE Stockholm bourse general index closed 0.24 per cent up from Friday at a new year-high of 1,110.90 in vigorous trade, and dealers said investors apparently ignored declines on foreign markets. They said hopes of a general upturn in the world economy and strong liquidity among domestic investors were
        101 words
      • Article
        TORONTO
        223 22 TORONTO stocks closed little changed after trading around opening levels for most of the day on Monday, dealers said. A drop in Canadian bonds on fears of a resurgence in inflation kept trade muted, they added. "That pushed down the stock market." analyst Ira Katzin said. The composite index
        223 words
      • Article
        Lock icon ZURICH
        276 22 Reuter SWISS share prices closed near their day's lows in lacklustre trading with higher Swiss money market rates and Wall Streets lower opening pulling stocks down, dealers said. The All-Share SPI index fell 8.7 points to 1,040.7 points, a shade above its earlier reached day's low at 1.040.4. The
        Reuter  -  276 words
      • Article
        Untitled
        133 22 March IK Clos* Pre*iu«s NEW YORK Dow Jones 2.929.95 2,948 27 -18.32 NYSh Financial ***** 144 7514 -0 15 SAP 500 372.11 373.5937 f I 48 Turnover (million) 163.1 237.7 -74.6 LONDON Financial Times 30 1,979.2 1,983.5 -4.3 hTSE 100 2.490 6 2.494 2 -3.6 Turnover (million) 451.9 894 3
        133 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Quiet trading expected ahead of string of US data
      1207 23 REPORTS THE US DOLLAR yesterday started near US closing levels in Europe, after moving sharply higher just after Monday's strong Frankfurt close on heavy demand. Dealers expected markets to stay quiet yesterday morning, as operators adjusted to new levels. Dealers said
      1,207 words
    • Article
      INTERBANK FOREX RATES
      415 23 Cross rates Mar 19 I LSS SS MS Dm Yen SFr A$ NZ$ USS 1.7630 2.7420 ***** 138 30 0.5574 1.4040 I 3021 1.6849 SS 0.5672 1.5553 0.9223 0.7845 ***** 0.7964 0.7386 ***** MS 0.3647 64.30 0.5930 0.5044 0 2033 0.5120 0.4749 0 6145 Dm 0.6150 1.0843
      415 words
    • Article
      MONEY MARKET
      567 23 Interbank rates SS Bid Offer Overnight 3 3/4 4 1-month 4 7/16 4 9/16 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 4-3/8 US$ Hid Offer 7 days 6 3/16 6 5/16 1 month 6 7/16 6 9/16 2 months 6 7/16 6 9/16
      567 words
    • Article
      Lock icon Bank of France cuts intervention rate
      359 23 FT THE BANK of France last Sunday reduced its most important money market rate by a quarter of a percentage point, in an attempt to stimulate the country's slowing economy. The French central bank dropped its intervention rate to 9 per cent, the first
      FT  -  359 words
    • Article
      Lock icon German money market rates unlikely to go up
      216 23 Reuter THE BUNDESBANK will be wary of driving money market rates much above current levels, despite concern triggered by the mark's slide against the US dollar, dealers and economists say. The Bundesbank's chance to influence money market rates came yesterday when it
      Reuter  -  216 words
    • Article
      FINANCIAL FUTURES
      1177 23 SjjWfcA EUWOOOUJUI I Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.35 93.39 93.35 93.37 ***** ***** ***** Sep 91 93.01 93.05 93.01 93.03 2520 6667 3110 Dec 91 92.55 92.58 92.55 92.57 707 8488 821 Mar 92 92.38 92.41 92.38 92.39 286 4630 51 Jun
      1,177 words
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  • COMMODITIES
    • Article
      Lock icon Some Malaysian tin mines may close: official
      384 24 AFP BETWEEN 20 per cent and 30 per cent of Malaysia's gravel pump and open cast tin mines could shut down this year due to low prices and high production costs. Hew See Tong. president of the All-Malaya Chinese Miners Association, yesterday said
      AFP  -  384 words
    • Article
      Lock icon Oil prices may hit Opec's target of US$21 by June
      346 24 AP OIL PRICES may reach Opec's target of US$2l (Ss36) per barrel by the end of the second quarter, provided independent producers contribute to the effort by cutting their production as well, Venezuelan Energy and Mines Celestino Armas said on
      AP  -  346 words
    • Article
      KL tin price unchanged in moderate trade
      849 24 REPORTS THE price of tin ended unchanged at MS 14.72 per kg in moderate trading on the Kuala Lumpur Tin Market yesterday. Deals were clinched at the first call with bids matching oilers at 40 tonnes compared with Monday's turnover of 65 tonnes.
      849 words
  • Article
    PRICES
    1463 24 Rubber Mar 19 RAS (fob in bal«s) S ccn Is/kg Noon Close Inl I RSS Prompt 144 00/145 OON 144 00/145 OON Int I RSS Apr 91 146 00/146 50 146 00/146 50 Inl I RSS May 148 50/***** 148 50/***** Inl 2 KSS OP I4300/I45 00N I4300/I45 00N
    1,463 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      723 24 NOTICES THE COMPANIES ACT, CAP. S« PMM (FAR EAST) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of PMM (Far East) Pte Ltd duly convened and held at 1 Magazine Road *03-25 Central Building, Singapore 0105 on Monday the 18th day of March, 1991, the following special
      723 words
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      Page 24 Advertisements Column 2
      673 24 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF ZEKAI PTE LTD (In Members Voluntary Winding up) At an Extraordinary General Meet ing of the abovenamed company duly convened and held at 101 A Upper Cross Street. #11-22. People's Park Centre. Singapore 0105 on Tuesday.
      673 words
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      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1102 25 City Flight ETA Flight ETD j I l him PbaM GA895 1225 Adelaide QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Athens 0A471 0015 2 Auckland NZ25 1825 NZ28 1950 SQ388 2030 2 Bandar Sen BI42I 1105 SQ182 0915
    1,102 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Jesus-era language barely survives
      582 25  -  LETTER FROM SYRIA By Magda Abu-Fadil THE BIBLE may have been translated into every known language, but the tongue in which Jesus Christ preached is almost extinct and spoken by only a few thousand people in Syria, notably in the town, Maaloula. just north of Damascus.
      582 words
    • Article
      MONEY CHANGER RATES
      149 25 As aft 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3460 1.3660 Canadian dollar 1.5120 1.5330 NZ dollar 1.04 1.07 Sterling pound 3.140 3.1700 US dollar 1.7600 1.7750 l/)cal dollars to 100 units of foreign currency Austrian schilling 15.70 16.10
      149 words
    • Article
      WORLD TRADE EXHIBITIONS
      82 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser TH April ExpoOptica Spain IFEMA ********** April International Budapest. HUNGEXPO ********** 9-12 Exhibition of Hungary Agricultural April 17th International Centre Fundacion El (541)*****25 A Fond hwtotiy 5-22 Book Fair Municipal de Libra Machinery Exhibition Exposiciones. Instruments Buenos Aires
      82 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      31 25 Irving, don't forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens Call *****77 for details. We know Kurupc from start to Finnish.
      31 words
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      Page 25 Advertisements Column 2
      90 25 jfcPl/? V SHO r «X •A®. V w/, at an Ss: I What it feels like being iSC photographed with Amy Yip ggff Bm Jfe? a,d Kim Basinger's $3.3 m jSmX MgSff j contract for lingerie ad Michael Jackson's battle Book j w/f/7 a book A/ew celebrity couple at "jMf®*
      90 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      308 25 High flier up a mm nut-roast (9) 8 The passion of a pyroma- ~I niac (7,6) I I I I I I I I I I A French veto ac- BH knowledged (4) 12 Excess payment needed on 11 II 12 I II I I getting into the coach (5)
      308 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      214 25 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Forecast: Maximum temperature 29.1 Assoc humidity 78% Minimum temperature 22.9* C Assoc humidity 96% Hours of sunshine 0.20 Rainfall in mm 11.4 Rainfall this month 12.7 Rainy days this month 2 World forecast Asia-Pacific fli/Lo* Cond. Auckland
      214 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      8 25 0377 A C EVENING STANOARD CO. LTD.. 1W2-1t»1
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  • Article
    S'pore firms have invested US$8m in Myanmar
    313 26  -  Companies include Gold Star and ECI Mineral By Harish Mehta SINGAPORE companies have invested US$B million (Ssl4 million) in Myanmar (Burma), which has so far attracted a total of $655 million from 11 countries. BT understands that among the Singapore companies that have
    313 words
  • Article
    Laos faces host of problems in privatisation programme
    295 26 LAOS is dabbling with remedies like privatisation to put its state-owned industries back on their feet without continuing to provide them with financial crutches. The country is attempting to divest its state-owned companies, according to Laotian officials at a workshop on developmental
    295 words
  • Article
    Lock icon Beijing to introduce new tax law for foreign companies
    288 26 Reuter CHINA is set to unveil a new tax law that will simplify taxes on foreign companies, putting most under a flat tax rate. According to a copy of the draft law made available yesterday, most foreign businesses will pay a
    Reuter  -  288 words
  • Article
    Lock icon Moscow claims big poll win in spite of conflicting results
    287 26 Reuter SOVIET OFFICIALS yesterday asserted that President Mikhail Gorbachev had won majority endorsement in last weekend's referendum to press ahead with his own plan for a reshaped union. But results coming in from across the country left little doubt the
    Reuter  -  287 words
  • Article, Illustration
    Hongkong to retain financial autonomy right till 1997
    439 26  -  From Catherine Ong in HONGKONG HONGKONG'S new financial secretary, Mr Hamish MacLeod, yesterday said the territory will retain autonomy in its financial affairs before 1997 but will hold discussions with China on transition issues. Mr MacLeod, named to succeed outgoing Financial Secretary
    439 words
  • Article, Illustration
    ICI acts to boost bottomline
    495 26  -  Materials subsidiary being set up in restructuring By Loh Hui Yin A SHAKE-UP of Imperial Chemical Industries' businesses, following the group's 36 per cent slump in profits last year, will sec regional chief Bill Madden promoted to head a new business division. Dr Madden, who
    495 words
  • Article, Illustration
    Crumbling Wall, humbling fall
    39 26 It- \ii^rav Former East Germans wearing masks of (from left) Foreign Minister Genscher, former East German leader Egon Krenz and Chancellor Kohl protesting against the fall of former East Germany in east Berlin on Monday
    39 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      113 26 i IVll=DF=!^S[=l —II The Richness Of Leather Handmade To Perfection. An On-line Investment Research System I INVESTAIHIATIC Fundamental Analysis Technical Analysis Quantitative Analysis 1 SINGAPORE 225-1595 MAI JVYSIA (03) 261-5331 lIONG KONG 877-2284 mmmmmmmmmmmmmmmmt MiiimiTTniir"' HUA TUO DC A D 1 rCAIVL HERBAL JELLY Genuine Pearl Powder integrated. $12 each.
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      Page 26 Advertisements Column 2
      11 26 Hanoi needs to do more to help private companies, Pg 8
      11 words
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      Page 26 Advertisements Column 3
      238 26 |H I fVIIZIDF^EEEEBCZIl —II The Richness Of Leather Handmade To Perfection. I DIRECTORS' DUTIES AND RESPONSIBILITIES I A Seminar for Company Directors I With companies setting up audit committees, the number of independent as well as first-time directors, is increasing. There are several aspects of the law that directors ought
      238 words
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  • Shipping Times
    • Article, Illustration
      NYK to acquire Nippon Liner System in October
      386 27  -  By Rahita Elias JAPANESE shipping giant Nippon Yusen Kaisha (NYK Line) is set to purchase compatriot Nippon Liner System (NLS) on Oct I through a new share issue worth 6.2 billion yen (5578.7 million) at current market prices. Through the purchase, NYK
      386 words
    • Article
      Lock icon Hongkong Telecom to merge local and overseas operations
      302 27 Reuter HONGKONG Telecommunications Ltd plans to combine the operations of its local and international telephone services, finance director John Tonroe said on Monday. In a telephone interview, Mr Tonroe said he expected the company to announce the plan by the end of
      Reuter  -  302 words
    • Article
      K-line, Mitsui to start joint trans-Pacific service
      356 27  -  By Selva Kumar THE TRANS-PACIFIC trade, one of the world's busiest liner markets, will see a new partnership this year. Japanese shipping majors Kawasaki Kisen Kaisha (KLine) and Mitsui OSK Line have reached an agreement to set up a joint service that will
      356 words
    • Article, Illustration
      Lock icon New direct rail link reduces Tokyo-Narita travelling time
      239 27 Reuter THERE WAS good news yesterday for busy executives and baggage-laden tourists resigned to battling for hours between Tokyo and distant Narita airport. A new direct express rail link means that, for the first time, they can make the 70 km journey
      Reuter  -  239 words
    • Article
      Leasing industry in Asia expects boom times ahead
      421 27  -  From Al O Labita in MANILA THE 1990s are expected to be the boom years of Asia's multi-million dollar leasing industry, says a Japanese business leader. "Asian economies have developed to the point that the region has become a production base for
      421 words
    • Article
      Lock icon Manila, Moscow plan aircraft venture
      258 27 AFP THE PHILIPPINES and the Soviet Union arc planning a joint venture to manufacture civilian aircraft, partly using US components, the head of the state-owned aerospace firm said in Manila yesterday. Angelo Dwight Pcnson. president of the Philippine Aerospace Development Corporation (PADC), said he signed
      AFP  -  258 words
    • NEWS SUMMARY
      • Article
        Battling mines sown by Baghdad
        50 27 IN ONE of the most arduous mine-clearing efforts ever attempted. an international armada of ships and helicopters is combing the waters off Kuwait for more than 1,000 mines that Iraq laid to thwart an allied amphibious landing that never came. Eric Schmitt reports Page 2
        50 words
      • Article
        American market share to rise
        58 27 AMERICAN Airlines' share of three key markets will all rise from the purchase of three Trans World Airlines Inc routes to London from the US. But those increases, with the exception of the US to London market, will have little competitive impact on other US
        58 words
      • Article
        Laid-up tanker tonnage down slightly
        41 27 WORLD laid-up and idle tanker tonnage fell slightly to long dwt in February from 2.321.282 dwt at endJanuary. although the number of vessels rose to 21 from 20. said London shipbroker John I Jacobs Back Page
        41 words
      • Article
        European yards plan tanker bid
        64 27 EUROPEAN shipyards are poised to join forces in constoucting a series of eight oil tankers for Venezuela if they can secure the contract against Japanese and South Korean competition. Madrid-based Astilleros Espanoles SA. which is bidding for the Petroleos de Venezuela order for the 85.000
        64 words
    • LOG BOOK
      • Article
        Stricter ruling on dangerous goods
        78 28 A NEW and more stringent ruling on the transportation and handling of dangerous goods (DG), is to be implemented on Apr 1 next month. Under Annex I (Packing Recommendations) to the International Maritime Dangerous Goods (IMDG) Code, DG packages should undergo testing and marking procedures
        78 words
      • Article
        Panama to allow US patrols
        71 28 PANAMA on Monday signed an agreement with the United States that will allow US ships to patrol Panamanian waters against drug traffickers and piracy. The accord was signed by First Vice President and Interior Minister Ricardo Arias Calderon and US Ambassador Dean Hintom and will
        71 words
      • Article
        Wildcat strike at Polish shipyard
        88 28 SEVERAL HUNDRED WORKERS staged a wildcat occupation strike at Gdansk Shipyard to demand higher pay, despite a lack of support from the Solidarity trade union. The strike on Monday was called by an unregistered Free Trade Union of the (Baltic) Coast in support of demands
        88 words
      • Article
        Trafalgar House settles claim
        78 28 PROPERTY, construction and hotels group Trafalgar House pic has settled its claim with British Shipbuilders over Trafalgar's purchase of shipyard Scott Lithgow Ltd. Trafalgar will receive £17 million in cash and a loan of £8 million from British Shipbuilders under the settlement. Trafalgar said in 1988
        78 words
      • Article
        Southwest Air cuts fare
        87 28 SOUTHWEST AIR has introduced a US$59 unrestricted, one-way fare on California intrastate flights, beginning yesterday. Southwest also Said it will begin service between Oakland and Los Angeles International Airport on April 15, with 10 round-trips daily. On April 22, the carrier will add three daily roundtrips
        87 words
      • Article
        Danish ship refloated
        59 28 THE DANISH ro-ro vessel Dana Cimbria, which ran aground south of Oslo last Friday, was later refloated and towed to Oslo for an inspection and to discharge its cargo, Lloyds Shipping Intelligence Service said. Temporary repairs had been carried out on the 7,057 dwt vessel, which was
        59 words
    • Article, Illustration
      Lock icon Battling Baghdad's mines
      1265 28  -  In one of the most arduous mine-clearing efforts ever attempted, an international armada of ships and helicopters is combing the waters off Kuwait for more than 1,000 mines that Iraq laid to thwart an allied amphibious landing that never came. Eric Schmitt reports Eric Schmitt NYT IN
      NYT  -  1,265 words
    • Article
      Lock icon WEEKLY FREIGHTS
      484 28 AFP IN A WEEK of low activity freight rates failed to maintain their firm recent trend on London's dry cargo markets. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index finished the week at 1.761, two points below the pre\ ious week's closing level. Earlier in the
      AFP  -  484 words
    • Article
      THE SHIPPING GUIDE
      12333 36 "S" ii 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
      12,333 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        675 43 Vessel Voy No Berth Arrival Departue Voy No Berth Amy aI Departit Keppd Wharves Hong HocK ***** P20 20 03/1500 2103/0630 Frotamamla 38EB C10 1903/1330 *mamui 11/91 P1B 20 03/1300 21 03/0600 Kola AKbar E890 K32 alongside 2503 0600 12/91 P2A 2003/0700 2003/2300 Kota Molek E892 H31
        675 words
      • Article
        CONTAINER SCHEDULE
        1404 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booknf/Balance Rslts Ship Voy No Etb/Btr Period From To From ACX Jade 39A 20/1700 1 19/1500 19/1659 19/1900 An Adelaide ***** 21/1500 1 19/1500 19/1659 19/1900 3 20/0700 20/1159 20/1*00 4 20/1200 20/1159 20/1700 Anson *****N 21/2359 2 19/1700
        1,404 words
      • Article
        IN MALAYSIAN PORTS
        286 43 Penang Port Berth in Butterworth on March 20: 1 Blue Fmerald; 2 Kim Soon Li, Bangkachai. 3: Malayan Success, 4 nil; 5 Gulf Bridge; 6 Pelopor Penang Wharf: NB Chin Tsair Jin, CB Bintang Mekar SB nil. BCT: Bl: Anangel Spirit, 81l Iron Will; l/B nil VOTP:
        286 words
    • Article
      DAILY FREIGHTS
      1063 43 DRY CARGO freight futures eased in the afternoon to end mostly four to 17 points lower on Monday after the Baltic Freight Index fell a further 15 to 1,746 due to easier physical market rates, dealers said. "People are looking for a minor support level of about 1,450
      1,063 words
    • Article, Illustration
      Lock icon American market share to rise from London deal
      524 44 Reuter AMERICAN Airlines' share of three key markets will all rise from the purehase of three Trans World Airlines Inc routes to London from the US. But those increases, with the exception of the US to London market, will have little competitive
      Reuter  -  524 words
    • Article
      Lock icon European yards team up to bid for Venezuelan order
      408 44 Lloyd's List EUROPEAN shipyards are poised to join forces in constructing a series of eight oil tankers for Venezuela if they can secure the contract against Japanese and South Korean competition. Madrid-based Astilleros Espanoles SA (AESA). which is bidding for the
      Lloyd's List  -  408 words
    • Article
      Lock icon Drop in laid-up tanker tonnage
      199 44 Reuter WORLD laid-up and idle tanker tonnage fell slightly to 2,197.508 long dwt in February from 2,321,282 dwt at end-January, although the number of vessels rose to 21 from 20. London shipbroker John I Jaeobs said last week. l-aid up and idle conibination carrier tonnage
      Reuter  -  199 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      284 27 I H UNITED El! 0 LEASING I SEIViaSPTt LTD Call Tel: *****13 (15) SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your subscription now. 5 Lucky Draw Prizes The first 100 subscribers will each receive a set of two Sourcecom Audio Programmes
      284 words
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      Page 27 Advertisements Column 2
      27 27 Container Schedule Daily Freights 1/ indei to Advertisers 3 Shipping Guide 10,11 Ships m Port 11 Singapore Tides 11 Weather and Sea Options 11 Weekly F'etfits 2
      27 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      89 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      89 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2328 29 JARDINE SHIPPING AGENCIES 200 Cantonment Road ***** Southpomt. Singapore 0208 All If# lel *****11 TELEX NO RS ***** Iffmil TERMINAL,CFS Tel *****18 220 BOOKINGS Tel *****34 258 L w9HT M PESAKA lAROINE SHIPPING AGENCIES SDN *> Rr KELANG TEL *****18 TELEX NO MA***** MA***** PENANG TEL *****4 TELEX NO MA*****
      2,328 words
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      Page 29 Advertisements Column 2
      1237 29 INDEX I TOmWRTISERS P««e Col Page C«»l Llo>d Brasileiro 12 2 L loyd Tricstino 4 1/2 ABC Containerline 12 I L\kes 's Accord Group X 1-3 L Lmcs 5 1 AFS 15 2 m Ahrenkiel Liner 16 3 _J Alfred C Toepfer 15 5 M+ R Frudg 13 1/2 r*
      1,237 words
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      Page 29 Advertisements Column 3
      2841 29 mammasssm NEXT VESSEL TO USA MAREN MAERSK V 9104 ETA 26/3/91 1 vessel Voy ETA I EID "Port "Penang DESTINATIONS Singapore Keiang This Marer Feeder by »j (*oo M«S HBIMHIHHI Hi BHi HHIHHI CFS ?V3 PJSO MRS M Tauro OAK LGB MOU MEM ATL MIA CMS BAL PHL NVC MON
      2,841 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1400 30 ROTTf DAM T~ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE TOKIO EXPRESS 98/111 21/3 H/4 9/4 8/4 KAMAKURA 16/311 24/3 10/4 12/4 15/4 16/4 U——J KASUGA I 14/112 28/3 18/4 16/4 15/4 1. ALL IttSTBOUNO P MONTE ROSA 12/312 31/3 17/4 19/4 22/4 23/4 K&ANC A PfNAN6 CARGO
      1,400 words
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      Page 30 Advertisements Column 2
      595 30 SIN NOU SUV PPT StASPAC I 30/3 13/4 16/4 21/4 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA i P4UKUAI OAF A DIRECT CHILE SERVICE SIN lOQ ANF VAP CALL AO SAN (PERU) ANTONIO St ASP AC I 30/3 4/5 5/5 8/5 9/5 10/5 CjIUo or Santugo via
      595 words
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      Page 30 Advertisements Column 3
      1763 30 smaMMtsk &£Bm regular independent full container service WESTBOUND FOR EUROPE VSL VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9103 3 25/03 15/04 16,04 20 04 21/04 22/04 23/04 24/04 25/04 NORASIA SUSAN 9104 3 01/04 22/04 23 04 27
      1,763 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2158 31 Steamers Maritime Holdings Ltd P&O MTVSTRAITS SHIPPING wk Containers fiLS~-=' f9!^ivyvi7|9!K|9!iiivH^nßS|iWßiv M|Vfflnvi^l" ■5555i^^^E55[5i5i^i55^H *>No P Klang S port Al| Sou Ant Rot Mb| LAUSI VUtRSK 910* B.TM-1703 2203 05.04 06 04 0904 11/0* ACCEPTS DUE SAILS TABLE SAY 0506 UB —19-03 2303 0904 11,04 13/04 CARGO T STRAITS STAR VO6E
      2,158 words
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      Page 31 Advertisements Column 2
      2031 31 KTol VSffVfffflHflll I tl.g.A./PANAMA llftA/PAMAMA V OM LCI cm f0« SA« WOK NTC NTC NO* SAV C«l IG« OAK SP CHOVANG VICrOKT If 110 10,4 U 21/4 Hi tM 214 »4 ASIAN UN DA 107 11 1 V W "J »'J SINGAPORI SINATM ir 111 m 17 4 114 ft
      2,031 words
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      Page 31 Advertisements Column 3
      387 31 STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS ETA ETA VESSEL VO w SPORE PKL COSMIC TRADER 16 IN PT SLO ORANCE OCEAN 97 SLD COSMIC PIONEER 12 IN PT 22/3 HELICIA S 29 3 30 3 COSMO ANGEL 2 1/4 ORANGE MOON U 1/4 3/4 TRANS AUTO 27
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      Page 32 Advertisements Column 1
      818 32 Miili CR NBR **********0-0 EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE VSIVOY (SPORE ROAM,ADAM H BURG BREMEN ANTWERP SRIWIJAYA 31WB 29/3 W W I*s W FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ect to Inducement. Also accepting cargo to Casablanca. Port Said, Port Alexandria. Genoa. Trieste. ALSO ACCEPTING BOTH CONTAINERS CONVENTIONAL CARGO VIA
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      Page 32 Advertisements Column 2
      813 32 H WM. HANJIN SHIPPING HANJIN SEATTLE 01/W "7 1M "T T* "4 HA'NJMS MASAN 063E »1 W HANjSn HAMBURG U.l 214 23 4 ft! »4 HANJIN LEHAVR t °I2E 14 H CHUNMU 07U 29/4 HANJIN VANCOUVER 004W 7(4 25 4 26 4 27 4 27 4 29 4 30/4 HANJIN
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      Page 32 Advertisements Column 3
      1404 32 fld -1 rT'"T3~3H r^k IPKL SGP MUG KSC KIC PUS MKT OSK NCY SMZ TYO LAX CHS BAI NYC LMV ANW ROM IMP HBC PSD CMB PHL SCP IGLEAMTREO32 20 i 21,3 26.3 27/3 29 3 1 4 3 4 5/4 6 4 7/4 8 4 19 4 1/5 3,'S
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      2059 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE 27WJ119 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****46 K TERMINAL OFFICE-*****22 DEPT: 14 CFS: K27 IMPORT: *****68/*****50 CFS: K27 EXPORT: *****53/*****04 V NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. K*t«no-(03) *****67, P«n«ng-(04) *****0, J.Bahru-{O7) *****3,
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      Page 33 Advertisements Column 2
      1212 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VtSUIS VOTACt |SPQ»E |M*N L«|"«CW HOI Mil SPORE P»L«NC HguHC 8 H*VCN TILBUWV
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      Page 34 Advertisements Column 1
      1794 34 "W" T"" "V. j AS AGENTS KAWASAKI SIHGAPORf (PTE) LTD (CR No 1244B*****0M) TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 M J I M MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD TEL PJ *****22 PK *****0V5 PENANG *****5 JB *****1 SHHHH KAWASAKI KISEN KAISHA, LTD. INDONESIA P T SARANA LAUT INTERMUSA
      1,794 words
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      Page 34 Advertisements Column 2
      1318 34 PHIU OMCNT UN€S PT€ LTD I 108 ROBINSON ROAO »07 00 GMG BUILDING SINGAPORE 0106 X TEL *****??/*****69 *****00 TELEX RS ***** PHILI FAX *****76 *****38 BY AIR, LAND OR SEA W WE TAKE 0N THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 25 MAR MONTREAL, VANCOUVER, S'WESTERN
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      Page 35 Advertisements Column 1
      1621 35 PACIFIC INTERNATIONAL LINES (PTE) LTD "g——gg g Pit Building, 140 Cecil Street #0300, Singapore 0106. 1 JAKARTA 1 1 BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 6111 20/3 22/3 26/3 INGENUITY 125N 23/3 26/3 30/3 KOTA JADE »10« 23/3 26/3 29/3 SEA GLORY »110
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      Page 35 Advertisements Column 2
      1228 35 Y BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSE L VOY MOS~| SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN NL Hown- 066 20/3 IV4 12/4 Bunga Suria 078 26/3 12/4
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      Page 35 Advertisements Column 3
      361 35 M MYANMA ySBk FIVE STAR UNE \a (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATMEIN VIIOW In Port PAGAN VI6BW 27 Mar THE BANK UNE (A service of Andrew W«ir Shipping) W SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I BUNKER
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      Page 38 Advertisements Column 1
      729 38 TO AUSTRALIA/NEW ZEALAND w[ [Sn iFrtm |M«t) IS»iT Auck [fiS V CHALN ANTOMPIN hi pll SI m ri in ul IM TNT KXPftESS M pM LS 10.5 IS S W. 5 20 •> IILEN HUOIG W His 16,5 SI »5 14 4» MUSSEL 271 07(5 W 1U ITT jlfT TO
      729 words
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      Page 38 Advertisements Column 2
      1278 38 iEXPORTS TO HONGKONG TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE [OUTBOUND VOY PKL PNC JKT I SIN I HKG KAO KEE TYO SM2 NOP KOB~|| VESSEL VOY SIN |PKL PNC BLW SIN 1 TSK MELODY JT 23 3 "18 3 22 3" 2S 3 2 4 34 44 EQUATOR
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      Page 38 Advertisements Column 3
      175 38 ★★★★★★★★★★★★★★★★★-A-* P.T. UNITED SHIPPING "or ORGANISATION LTD OIWCT WVKM JAKARTA SURABAYA* REGULAR SERVICES TO JAKARTA ft SURABAYA AMM mhm M all (tIMT WukttMMfclpMMt it Jakarta or wakaya. DESTINATION ETA ETD VSI JAKARTA 20/3 21/3 P. JAWA 28/3 29/3 P KALIMANTAN 2/4 3/4 P SUMATERA 5/4 5/4 P JAWA W 15/4
      175 words
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      Page 38 Advertisements Column 4
      1512 38 SP CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE m cv c ag» 2. MISTRI ROAD. HMC BUILDING TELEX. RS 2O3OCOSHIP #15 00. SINGAPORE 0207 FAX: 2»1J» CR NO: **********0 M CABLE. COSTARLINE General Agents: OOSTAR imn iMG PTE LIU VESSEL,VOY SGP HKG SHA XIN HPU DAI QIN VtSStLVOY SUA
      1,512 words
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      Page 39 Advertisements Column 1
      1005 39 Vmml PKL PNG P C. Loading for A VESSEL 21,03 Rotterdam Antwerp CHINA TUIX CONTAIN** «IMVICK Vmml SGP PKL BKK HKC QIN SHA YANCFANGKOU U7 02,1)4 03/04 07,1)4 12,1)4 11/04 YANCFANCKOU 149 03/05 04 05 00/06 13/05 19/05 Alto accepting other Chinese port* via HKC AUmAUAH/WDOHMIAW FULL COWTAIKM OBmVICE VMMI
      1,005 words
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      Page 39 Advertisements Column 2
      254 39 (S) PTE LTD TEL: *****33 (12 Lliws) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) Pf\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivoy eta I loading for SPORE ABBAY WONZ 20WB 10/05 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 21 WB 10/06 OARESSALAAM MOMBASA DJIBOUTI
      254 words
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      Page 39 Advertisements Column 3
      734 39 MASKAPAI PEL*YARAN W PULAU OCUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE "VSL VOY SIN JKT PAJ JKT
      734 words
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      Page 39 Advertisements Column 4
      866 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY VWIt SYO MIL VESSEL VOY SINGAPORE BANGKOK PLANITA 0447 30-31/3 12-13/4 15-17/4 JENUNK 47N In Pt 20/3 Sat 23/3 PIYA BHUM MB 14-15/4 27-20/4 01-03/5 NANTA BHUM 33N In Pt 20,3 Sit 23/3 PtANETA 1 064 01-02/5 14-Ijg 1120, j WANA BHUM#* 06N Fri 22/3 Moo
      866 words
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      Page 40 Advertisements Column 1
      1278 40 A. •IMAC-NELS SINGAPOREiI phut nt homm] mpom tel amw HmMI PENANG TEL (04) *****6 "KK TEL (088) *****01TAWAU TEL (089) *****9 I -/N ~-l P KELANG TEL (03) *****77 KUCHING TEL (0821 *****3|5KAN TEL (089) *****2 I l\~/ IJ BAHRU TEL (07) *****2 SIBU TEL (084) *****2|sARlKEI TEL (084) *****8
      1,278 words
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      Page 40 Advertisements Column 2
      432 40 H^Hvins!nTTrnT?i^^iiH f ffrgfc BLUE STAR LINE SINGAPORE TO jNEW ZEALAND AND T/S FIJI FULLY CONTAINKRISKD MONTHLY SAILINGS niSCIIARGING AT NEW PLYMOUTH POR T CHALMERS ACCEPTING FCL A LC AUCKLAND. NAPIER. WELLINGTON. BLUFF. CHRISTCHURCH. DUNEIMN. II<iUIIIII LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK IVT PREMIER US 6 Apr II
      432 words
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      Page 40 Advertisements Column 3
      1203 40 /ZF\ 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 *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT lETA IPEST VESSEL VP* ll* JUI KIM SOON LI 10 91E 23 MAR PENANG
      1,203 words
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      Page 41 Advertisements Column 1
      889 41 TOGaA de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, 110* OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msia KAMALEVERETT 01/03 Apr 04/06 Apr 07/09 Apr THOMASEVERETT 16/11 Apr 19/21 Apr KARABIEVERETT 05/07 May "EVERETT ORIENT LINE"
      889 words
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      Page 41 Advertisements Column 2
      512 41 VSI VOY SPORE MAINLINES LAX KST SAV NYC HEX ZIM PIRAEUS 1271 }},i ZIM CANADA O J/S 11/S ZIM KAOHSIUNG 1«€ 21/3 2IM CANADA 24(4 7/S *S 11/5 ZIM OSAKA 17E M ZIM LIVORNO 2/S U/S 14/S JW 14/S ZIM KOPtR l«t 10/« 2IM ITALY U/S 21/S 24/S 2W 2M
      512 words
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      Page 41 Advertisements Column 3
      735 41 SING KWANG HANG XWUM TRANSPORTATION (W* LIB WEEKLY LCL/FCL SERVICE VESSEL |S PORE [JAKARTA SURABAYA MEKHANIK KURAKO V 53N 21/3 24/3 IJSNWEL 169N 25/3 I— I^3 VESSEL SPORE BANGKOK A VESSEL 2£3 27/3 A VESSEL 27/3 30/3 DESTINATIONS ETA SINGAPORE PORT KELANG 22 MAR MANILA 23 MAR HONG KONG. ALL
      735 words
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      Page 41 Advertisements Column 4
      606 41 IC* 'ERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE TIA 155 A 21/03 P4/03 JATIOIHI 9?4 ?3/03 P6/03 PRASETIA 157 A 28/03 01/04 JATIDIRI 9?S 30/03 03 04 TANTO UTAMA 149 19 03 22/03 TANTO UTAMA 151 28/03 31/03 TANTO UTAMA 153
      606 words
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      Page 41 Advertisements Column 5
      407 41 SIN PAW EAST 23/3 KEELUNG/K AOHSIUNG 22/3 BANGKOK 22/3 MANILA/CEBU 22/3 JAKARTA BELAWAN/SURABAYA 22/3 PORT KELANG/PENANG/E. Malaysia 24/3 BUSAN 22/3 TOKYO'YOKO/KOBE NGO/OSA 23/3 HONG KONG SiN CHINA 23/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 23/3 LDN/FLX/LVP/SOU 23 3 RDM HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/
      407 words
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      Page 42 Advertisements Column 1
      705 42 jd*K' CB SHIPPING C®) 1 MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE' "ANKE" SERVICE lAK Sn TG BAHA tA£ POM T Villi H72SB 11 (H 11 12 3 19 1 22 i »?3SB 2 4 «i* 910 4 1»« 21 »2«SB 15 5.5 115 18 4 215 ?5
      705 words
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      Page 42 Advertisements Column 2
      973 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE ISTANBUL IY VO3 91W 21/3/91 22/4/91 9/4/91 14/4/91 20/4/91 BA VOSCW9I 3/4/91 26/4/91 27/4/91 2/5/91 Y M V 04-91W 10/4/91 5/5/91 26/4/91 30/4/91 4/5/91 KVU VO6CW9I 15/4/91 6/5/91 7/5/91 12/5/91 ALSO ACCEPTING CARGO FOR MUANO LASPE/IA PROVAGUO
      973 words
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      Page 42 Advertisements Column 3
      477 42 CUM con-WRv mTEßmonnL^i LCL/FCL SERVICE FROM fk/ f J r=| rsj CUtt op«r«tM over 600 tarmlnals/offlo** In UjS.A. 111 I MnSi flßi m CUJI maintain* ov*r 35,000 tractor* 4 truck*. I 111 /n\ 4 CUJI Mfv«a over 60,000 point* InU.S.A HUH AHHA CUM o«*r LCI/FCL **rvfc*». TB*A/<r7MMT Qf PENANG KL:
      477 words
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      Page 42 Advertisements Column 4
      625 42 SETH SHIPPING CORP SON BHD PT KLAN6 TEL 03 3(***** |t Hm| FAX *****1 1 PENANC TEL 04 *****9 FAX 04 *****3 SKAN TEL 089 *****2 SI6U TEL 064 *****2 TAWAU TEL 069 *****9 KK TEL 066 *****0 KUCH TEL 062 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE FEEDER VQY PEN
      625 words
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      440 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 ******************************00 2000 2100 2200 2300 28 30 29 26 20 14 08 OS 03 04 0 7 13 21 26 27 26 22 16 1 1 08 0.7 08 1
      440 words
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      Page 44 Advertisements Column 1
      399 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG POH AIK 184 20/3 BATU AMPAR/SEKUPANG/BATAM TSS 01 23/3 DUMAI/PEKAN BARU ABADI JAYA 25/3 OUMAI/PEKAN BARU KUALA SIAK V 30/3 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo
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      Page 44 Advertisements Column 2
      742 44 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI COMMANDER 24E 23/3 28/3 15/4 18/4 71/4 20 4 HYUNDAI INNOVATOR 38W 11/2 22 2 24'2 14 3 23/3 HYUNDAI PIONEER 39E
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      Page 44 Advertisements Column 3
      523 44 CHARTPOINT Every Saturday in Business Times NIC CONTINENT (TRIO) li# o Cirtafor UN, V— I lINLIN I Hjfnbu'i to Copemufon A»mu» GoPwnburg Mj.mo. r 0.,0«P.m«,n IJiT~\ur H U K "A" Rotterdam FZ&IXSZm. TOKIO EXPRESS 91,111 <1> 11 »«1 Tfl Rrem#r MSU&a'ViU 1 a! 11l it J Z 15,1 Scut«jmptor to
      523 words