The Business Times, 4 April 1991

Microfilm: NL17475
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Thursday, April 4, 1991 75*
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  • NEWS SUMMARY
    • Article
      Bundesbank not likely to raise rates to prop up mark
      60 1 GERMANY'S Bundesbank is unlikely to raise interest ratis at a regular meeting today in spite of the weakness of the deutschemark, banking sources in Frankfurt said yesterday. The mark's fall over the past three weeks had not been dramatic enough
      60 words
    • Article
      Asean stand on Seoul bid to boost Viet ties
      58 1 ASEAN does not oppose South Korea's efforts to improve ties with Vietnam. "We (Asean) have no objections to South Korea's improving relations with Vietnam and I would like to remove any perception that Asean would be unhappy about it," visiting Indonesian
      58 words
    • Article
      Baby windfall
      23 1 SOME 12,000 more couples qualified for the $20,000 tax rebate last year by having a third or fourth baby. Page 2
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    • Article
      Polls for Sarawak
      17 1 THE Sarawak government is likely to call for state elections in September Page 7
      17 words
    • Article
      Indonesia hopeful
      17 1 INDONESIA hopes to gain from Japanese industries' plans to relocate to developing countries Page 7
      17 words
    • Article
      US orders down again
      21 1 ORDERS for factory goods in the US fell in February for the fourth straight month. Page 8
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    • Article
      24-hour ad services
      28 1 THE Singapore Press Holdings group will soon launch a new system which will provide companies and individuals with round-the-clock advertisement and information services Page 9
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    • Article
      Recipe for success
      27 1 LIBERALISED markets for trade and investment would ensure further economic growth and stability in Asia and the Pacific, says an American official Page 8
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    • Article
      Rough year
      33 1 1990 proved to be as difficult in Singapore as it was in other parts of the world, with companies like UIC and InnoPacific Holdings being among the worst hit Page 11
      33 words
    • Article
      F East still the key
      32 1 CARGO from the Far East is expected to remain one of the main sources of business for Le Havre, says its Singaporebased representative. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      33 1 BLUE CHIP STOCKS opened higher on Wall Street yesterday, with the Dow Jones index of leading industrials up 5.94 points (0.20 per cent) at 2,950.99 points just after the opening bell.
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    • Article
      Footsie higher
      48 1 SHARE PRICES in London surged at midday yesterday and dealers looked for new trading highs on expectations of a strong opening on Wall Street later in the day. At about 1100 GMT. the FTSE 100-Share Index was up 36.3 points, or 1.43 per cent, at 2,524.6.
      48 words
    • Article
      MGA to buy KL stake
      33 1 SINGAPORE-BASED Morgan Grenfell Asia Holdings is planning to buy John Hancock's 30 per cent stake in Kuala Lum-pur-based securities house K&N Kenanga for an undisclosed sum Page 3
      33 words
    • Article
      The party's over
      35 1 THE mini-bull market, which has seen bourses around the world surge over the last two months, has mostly run out of steam, according to the latest issue of Fuller Money. Page 3
      35 words
    • Article
      Factoring volume up
      35 1 FACTORING volume in Singapore last year rose by about 20 per cent to US$l.43 billion (552.47 billion, based on endDecember 1990 exchange rates), according to figures from Factor Chain International Page 6
      35 words
    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.7735 100 Yen SSI.2865 MS SS0.6436 Money market rates Overnight 4-1/2 -1/8 3-month 4-5/8 unch
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS357.85 -US$0.05 Rubber S'pore May I46.25'/kg -0.75 M'sia May 226.50*/kg unch KL Tin Turnover 20 tonnes -28 Spot MS 14.81 /kg +0.01 Crude palm oil Turnover 2,263 lots +681 Apr MS785 /tonne -6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 730.26 +4.58 Kuala Lumpur ....586.86 +2.66 Tokyo 26.780.06 +528.06 Hongkong 3,869.70 +79.71 Sydney 1.457.1 +23.5 Tuesday Change New York 2,945.05 f 63.86 London 2,488.3 +31.8
      30 words
  • Article, Illustration
    Khamis case: CAD men head for Norway
    454 1  -  Banks head for battle on letters of credit By Amy Balan THE PROBE into the financial affairs of Marina Village developer Elyamani Khamis has moved into a new phase with Singapore investigators heading for Norway to interview various people. As many as seven
    454 words
  • Article, Illustration
    Be generous of spirit: Lubbers
    493 1  -  The Singapore Lecture By Kenneth James IN AN hour-long discourse on international economic developments, the Netherlands' Prime Minister, R F M Lubbers, yesterday took on a number of knotty issues and showed they all had a common thread: the interdependence of nations and of individuals.
    493 words
  • Article
    Lock icon Oil boosts Indonesia's revenues by 15pc
    303 1 Reuter INDONESIA earned over 15 per cent more than expected in the fiscal year ended last Sunday because oil prices were a third higher than budgeted, Finance Minister Johannes Sumarlin said. He told reporters the oil price averaged U5522.60 (5540.20) a barrel over the
    Reuter  -  303 words
  • Article
    Bakrie in beef venture with Australian firm
    406 1  -  From David Chew in JAKARTA INDONESIAN plantation giant Bakrie Brothers (B&B) is jointly undertaking a 50 billion rupiah (SS46 million) cattle-fattening venture in Sumatra with an Australian company. Bakrie executives told BT recently that the venture, which will import Australian cattle from the
    406 words
  • Article
    Lock icon Keating says Australia on way to recovery
    151 1 Reuter AUSTRALIA is showing signs of emerging from its recession, Treasurer Paul Keating said yesterday. But the biggest private bank, Westpac, said a quick turnaround is unlikely. "Judging from the limited 1991 data to hand, the domestic recession is not over," Westpac said
    Reuter  -  151 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      255 1 fßurberrysl 5 9 i 1 Reigns when it pours c Ad Marketing 9 Money Changer Rates 25 Weather 25 Aircraft Schedule 25 Money Market 23 World News 8 Commodities 24 Regional Co News 4 Cryptic Crossword 25 Regional News 7 For market indices, editorial. Editorial 10 Regional Stock Markets 21
      255 words
    • Advertisement
      Page 1 Advertisements Column 2
      55 1 TOTAL TRANSPORTATION SERVICES CROWN <3? PACIFIC 36 Pioneer Rood Singapore 2262 Fax 862 2840 Tlx RS ***** CRWNPAC Tel: 861 6818 VMMMMWMMWMM 7116 ■f.'v-"of Peak "Grand TavUion RESTAURANT Wholly wwd by Tung Lr>k Shark's Fin Restaurant Pic Ltd *T 21 Amber Road s I Chinese Swimming Club. I i Singapore
      55 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        NWC invites public to air their views
        115 2 I HE NATIONAL Wages Council (NWC) is meeting to discuss the wage guidelines for 1991/1992, and has invited the public to give its views on several issues. It welcomes ideas on wage increase guidelines for 1991/1992 and ways of implementing the flexible wage
        115 words
      • Article
        Swiss team to discuss trade
        93 2 A 20-MEMBER Swiss economic delegation will arrive in Singapore today on a four-day trip. Comprising government officials and businessmen, they are on an official visit at the invitation of Brigadier-General (Res) Lee Hsien lA>ong. the Deputy Prime Minister and Minister for Trade «Sc Industry. The
        93 words
      • Article
        Canada-Asean meeting
        81 2 THE CANADA-ASEAN (Association of South-east Asian Nations) Joint Cooperation Committee will meet for the seventh time today and tomorrow in Ottawa. Sixty senior government representatives and businessmen from Canada and Singapore will attend the meeting, which will be chaired by Jean McCloskey, assistant deputy minister of the Asia
        81 words
      • Article
        More charges against banker
        112 2 YAP LIP YEONG, vice-president of the local branch of the Republic National Bank of New York, was charged yesterday in a magistrate's court with two additional counts of breach of trust involving $1.7 million. This means Yap now faces a total of nine charges of criminal
        112 words
      • Article
        Govt agencies make the move
        51 2 FOUR government agencies will move today from the PUB Building at Somerset Road to the 4th floor of the City Hall at St Andrew's Road. They are: the Public Service Commission, the Legal Service Commission, the Education Service Commission and the Police and Civil Defence
        51 words
      • Article
        Bodies of 4 hijackers claimed
        41 2 THE BODIES of the four hijackers of the SQII7 hijack drama were claimed on Tuesday by the Pakistan High Commission. The bodies were flown back to Pakistan the same evening, said the Ministry of Home Affairs.
        41 words
      • Article
        Accounting conference
        24 2 SUMMIT International, the 11th largest accounting group, will hold its first Asia-Pacific Regional Conference from tomorrow till Sunday at the Mandarin Hotel.
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    • Article
      $20,000 rebate: 12,000 more couples qualify
      507 2  -  By Anna Teo SOME I2,(KX) more couples qualified for the $20,000 tax rebate last year by having a third or fourth baby. This brings to about 41,500 the total number of couples who are now eligible for the procreation incentives since it was introduced
      507 words
    • Article, Illustration
      Indian diamond exporters look to S'pore
      488 2  -  Island has the makings of a regional hub for the trade By Salil Tripathi INDIAN diamond exporters are looking at Singapore as a possible regional hub for the diamond trade. A four-mem-ber delegation from India's Apex body, the Gems and Jewellery Exports Promotion Council,
      488 words
    • Article
      Head of foreign correspondents club senses 'new mood' in relations
      307 2  -  By Harish Mehta SOME encouraging comments made by Singapore's new leaders could eventually improve the sometimes troubled relationship between Singapore and sections of the foreign media, said the new president of the Foreign Correspondents Association. Alexander Thomson. Singapore-born Alexander Thomson,
      307 words
    • Article
      Marketing plan is first of 12 talks for entrepreneurs
      229 2 LOCAL entrepreneurship development will receive a boost through a new series of 12 talks jointly organised by the Enterprise Promotion Centres Pte Ltd (EPC) and the National University of Singapore. This "how to" series is aimed at both practising and would-be
      229 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      49 2 W e Pormpptprl f V.y 1 1 v/ 1 I 1 xv/Vy tv/VJ.# From the moment you step aboard a United jet in Singapore, you're in America. ll hassle-free way to get to wherever in America you're going. For more informa- nmr —ajmr v r T tl^*|ji|i|iMMWl!!!^^gailjiMMM|MßßM^MM^^^^^^^^^^^^B or your
      49 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MGA seeks 30pc stake in Malaysian broker
      540 3  -  Application to buy into K&N Kenanga awaits approval By Magdalene Ng SINGAPORE-BASED Morgan Grenfell Asia Holdings is planning to buy John Hancock's 30 per cent stake in Kuala Lumpur-based securities house K&N Kenanga for an undisclosed sum, further expanding the list of foreign
      540 words
    • Article
      Pica, 5-Plus team up to break into S African market
      358 3  -  By Jean Wee A LOCAL colour separation house has teamed up with a Mauritian publishing company to break into the rich South African market. Earlier last month, the Singapore-based Pica Group and Mauritian 5-Plus Publishing Group set up a colour
      358 words
    • Article, Illustration
      World mini-bull market losing steam: Fuller
      402 3  -  By Shoeb Kagda THE mini-bull market, which saw stoekmarkets around the world surge over the last two months, has mostly run out of steam, according to the latest issue of Fuller\ foncv. The monthly publication put out by London-based Chart Analysis said that the
      402 words
    • Article
      Lock icon Magnum shareholders approve revamp scheme
      526 3 Special issue of 53.9 m shares also gets the go-ahead Bernama MAGNUM Corporation shareholders, with the exception of two, have voted in favour of the company proceeding with its proposed reconstruction scheme to consolidate all its gaming operations under a separate flagship company. Leisure Management.
      Bernama  -  526 words
    • Article
      Lock icon Perwaja plans to go into downstream production
      307 3 AFP Bernama PERWAJA STEEL Sdn Bhd plans to venture into downstream activities in the future, its managing director Tan Sri Eric Chia said. He said the company might venture into some manufacturing operations by utilising the direct reduction iron it would produce from
      AFP; Bernama  -  307 words
    • Article
      Lock icon KLSE agreeable to stockbroking firms operating branch offices
      175 3 Reuter THE Kuala Lumpur Stock Exchange (KLSE) is in favour of allowing stockbroking firms to operate branch offices, its executive chairman Nik Mohamed Din Nik Yusof said. The KLSE has prepared a memorandum on the matter for submission to Finance Minister Anwar
      Reuter  -  175 words
    • COMPANY BRIEFS
      • Article
        G K Goh is member of HK stock exchange
        62 3 G k GOH Holdings' wholly-owned subsidiary in Hongkong, G K Goh Securities (HK). was admitted as a member of the Hongkong Stock Exchange on March 28. The Hongkong Securities and Futures Commission has also approved G K Goh's application to become
        62 words
      • Article
        Approval for SPP building sale
        32 3 SHARF.HOLDF.RS of SPP at an extraordinary general meeting yesterday approved the sale of its flagship building on Alexandra Road to Sime Darby Singapore for $16.51 million cash.
        32 words
      • Article
        Temasek sells RDC shares
        32 3 TEMASEK HOLDINGS sold 97,000 shares in Resources Development Corporation for $396,332.15 or $4.09 each. Temasek's stake in RDC now stands at 31.1 per cent, or 7.78 million shares.
        32 words
      • Article
        People's Insurance profit up
        61 3 HWA HONG CORPORATION'S wholly-owned subsidiary People's Insurance Company said operating profit before tax in 1990 rose 11 per cent to $6.43 million from a year earlier. Gross premium income grew 39 per cent to $53 million. Underwriting profit surged to $2.26 million from $246,000 in 1989.
        61 words
      • Article
        Tat Lee's shareholding at 8.27pc
        20 3 TAT LEE BANK's foreign shareholding stands at 8.27 per cent as of March 30, 1991.
        20 words
      • Article
        Gold Peak plans joint venture
        50 3 GOLD Peak Industries (Holdings) is planning joint ventures in Indonesia and Thailand as part of its aggressive diversification. The group is looking for suitable sites for the plants which will produce electrical goods. Start-up costs would be between US$l million ($1.79 million) and $2 million.
        50 words
      • Article
        MCD signs M$34m loan deal
        41 3 MALAYSIAN Central Depository, which will operate the Kuala Lumpur Stock Exchange's scripless trading system, has signed a Ms 34 million (5521.8 million) loan agreement with several banks for the purchase of computer hardware and working capital.
        41 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      332 3 The alternative. i k ANA HOTEL SINGAPORE n iiii, n,„. HI I i,l! lion l< ~X 1., .1 "V 1,1, V W\ll s I K s s A futuristic interpretation of a legendary design: The Movado" Sapphire Museum" Watch. The famous Museum dot dial represents the quintessence of the modem
      332 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mandarin Oriental may lose contract
        103 4 THE MANDARIN ORIENTAL Hotel Group may lose its management contract for the Mandarin Oriental San Francisco because of difficulties in meeting certain performance criteria. According to the hotel group's London listing document, these criteria have to be met within four years of the opening of
        103 words
      • Article
        Aussies seek Asian partners
        99 4 AN AUSTRALIAN consortium yesterday invited Asian partners to help with a feasibility study into a proposed Asl.s billion (552.07 billion) steel milt and power plant in Western Australia. The consortium, Compact Steel, said it had completed a pre-feasibility study and now wanted private backers to provide
        99 words
      • Article
        Two Murdoch papers to fold
        85 4 TWO Sunday newspapers launched in Melbourne by Rupert Murdoch's News Corp Ltd only 20 months ago are to be axed as part of the company's latest cost cutting drive, the company announced yesterday. The up-market broadsheet Sunday Herald will disappear immediately and its stablemate the
        85 words
      • Article
        Japanese-Indonesian tie-up
        96 4 JAPAN'S C Itoh and Co Ltd and Hitachi Construction Machinery, a subsidiary of Hitachi Ltd, will set up a joint-ven-ture plant with two Indonesian firms to produce heavy equipment. A company official in Tokyo said on Tuesday that the U5525.6 million (Ss46 million) joint venture would start producing
        96 words
    • Article, Illustration
      HK legislators plan to take Jardine to task
      445 4  -  Debate to highlight displeasure over London move From Catherine Ong in HONGKONG HONGKONG legislators are preparing to take Jardine Matheson to task for its recent decision to shift its primary listing to London and seek exemptions from local regulations. Stephen Cheong. the
      445 words
    • Article
      Lock icon Inchcape confident of growth despite flat results
      211 4 Reuter INTERNATIONAL marketing, services and resources group Inchcape pic said it is confident of the future despite reporting flat pre-tax profits in 1990. "Our balance sheet is strong with low borrowings and I am confident that we shall continue to perform well and
      Reuter  -  211 words
    • Article, Illustration
      Lock icon Tycoon's NT$85b fortune makes him the richest man in Taiwan
      372 4 AFP BUSINESS tycoon Tsai Wan-lin is Taiwan's richest man with a fortune estimated at NT$B5 billion (555.48 billion), the local monthly magazine Excellence said in its April issue. Mr Tsai's conglomerate includes Cathay Life Insurance Co, Cathay Construction Co, the
      AFP  -  372 words
    • Article
      Kanematsu buys into Swilynn International
      200 4 SWILYNN International Holdings has become the latest Hongkong company to take Japanese interests on board with a HK$2O.6 million (554.71 million) share placement to trading house Kanematsu Corp. The video and television manufacturer announced on Tuesday an issue of new shares representing 2.57 per cent
      200 words
    • Article
      HK brokers told not to deal with drug money
      526 4 BROKERS who are caught laundering drug money could find themselves in jail for 14 years and fined HK$5 million, the South China Morning Post reported. The Hongkong newspaper was quoting the colony's stock exchange which issued a strong warning to its
      526 words
    • Article
      Thai board to promote investment abroad
      372 4 THE BOARD of Investment (BOI), which has played a crucial role in attracting foreign companies to Thailand to fuel the country's dynamic economic boom, sprang a major policy surprise on Tuesday when it announced it would promote Thai investment abroad. The Nation reported. In
      372 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      85 4 This evening; dine and dance ivay above the rest. In just 50 seconds, you'll be 6 -piece Filipino combo, whisked up 280 metres will have you dancing to Singapore's highest on a r irst Drink restaurant. Where Charge for non-diners delightful gourmet cuisine af The Mezzanine and nostalgic musk from
      85 words
    • Advertisement
      Page 4 Advertisements Column 2
      91 4 m s REPUBLIC OF PANAMA U5525,000,000 FLOATING RATE NOTES DUE 1987 H| (EXTENDABLE AT NOTEHOLDER S OPTION WBt TO 1990 1992) Bondholders arc hereby informed that the rate H applicable to the twenty-two period of interest has H been fixed at 7.1875% per annum H The coupon No. 22 will
      91 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon US to name more Iraqi 'front' firms amid uproar
      484 5 Agencies THF US plans to identify several dozen more companies around the world which it v'aims arc fronts and agents of the Iraqi government over the next three weeks, say senior US Treasury officials. The officials hope that the publication of
      Agencies  -  484 words
    • Article, Illustration
      Lock icon Metromedia no longer selling Orion stake
      335 5 NYT BUOYiZD by recent successes at Orion Pictures Corp, including the Oscarwinning film "Dances with Wolves," Orion's controlling shareholder, Metromedia Inc, said on Tuesday that it was no longer seeking a buyer for its stake in the troubled Hollywood studio. Instead, Metromedia said, Orion
      NYT  -  335 words
    • Article
      Lock icon Computer firms seek common document link
      288 5 FT SIX LARGE computer companies have launched a joint project to ensure that documents containing a mixture of text, diagrams and pictures can be sent around the world from one type of computer to another. The companies say they will develop software to facilitate
      FT  -  288 words
    • Article
      Lock icon Laidlaw accused of attempt to control ADT
      185 5 FT THE struggle for boardroom control at ADT bccamc increasingly bitter on Tuesday when the Bermuda-based security and car auction group accused its largest shareholder. Laidlaw of Canada, of seeking control of the company. Mr Michael Ashcroft, ADT chairman, also said Laidlaw's request
      FT  -  185 words
    • COMPANY BRIEFS
      • Article
        Mitsubishi's US unit to offer car loans
        85 5 MITSUBISHI MOTOR SALES of America Inc. a US subsidiary of Mitsubishi Motors Corp, has set up a wholly-owned unit to offer car loans to customers. A Mitsubishi Motors spokesman in Tokyo said on Tuesday that Mitsubishi Motor Credit of America Inc was capitalised
        85 words
      • Article
        Suzuki plant up and running
        55 5 JAPANESE motorcycle manufacturer Suzuki has started producing part-Thai. part-African motorbike taxis from a screwdriver plant in Maseru, Lesotho. Suzuki executive Brian Trcssider said in Johannesburg on Tuesday that the 3,000 sq m plant could turn out some 50 machines a month, but would start off
        55 words
      • Article
        Bids for private TV channels
        89 5 THREE GROUPS, including one led by a former prime minister, made bids on Tuesday for licences to run Portugal's first two private television channels. Officials in Lisbon expected the centre-right government to make its choice by June with the new stations going on the air
        89 words
      • Article
        Atari to build Israeli factory
        96 5 THE US COMPUTER FIRM Atari is planning to set up a huge multi-million-dollar factory to build computers in Israel. Zvi Cohen, the general director of the Israeli Trade and Industry Ministry, said on Israeli radio on Tuesday that investment costs were expected to total US$l5O
        96 words
      • Article
        Total-Cie buys stake in CEP
        70 5 FRANCE'S Total-Cie Francaise des Petroles has agreed to buy 25 per cent of Compagnie Europeenne des Petroles (CEP) from commodities trading house Interagra. The accord was signed on March 21, Total said in a statement released in Paris on Tuesday. CEP's assets consist of oil
        70 words
      • Article
        Firm to sell US gas reserves
        100 5 TOTAL MINATOME, a unit of the French-controlled oil company Total-Cie Francaise des Petroles, hopes to sell a portion of its US gas reserves representing about 5 per cent of the company's 1990 cash flow. Total Minatome's chairman, J P Donnct, said in Houston on
        100 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      160 5 gy Centrally located in the city is 5,000 square ■>h: feet of a luxuriously furnished watch retail j* outlet. Known to be the largest single watch boutique in Singapore, Thong Hiap believes in the quality and consistency of high customer Z service. No one offers better service than we do
      160 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Panama bank records to be opened to the US
        86 6 THE UNITED STATES and Panamanian negotiators have reached an accord that will open bank records in Panama to US investigators seeking evidence of money laundering and drug trafficking, the New York Times reported yesterday. Quoting Bush administration officials, the paper said
        86 words
      • Article
        Bank of China increasing capital
        59 6 THE BANK of China, China's main foreign exchange bank, will increase its capital this year by three billion yuan to 18 billion yuan, the Economic Daily said. It said the increase was to keep a reasonable balance between capital and assets. This will be the
        59 words
      • Article
        Provident Society assets up
        55 6 AUSTRALIA'S largest life office and institutional investor, The Australian Mutual Provident Society (AMP), said total assets under management increased 10.4 per cent to a record A 563.6 billion (5587.7 billion) in calendar 1990. AMP said total policyholders' funds rose 5.5 per cent to a record $53.7
        55 words
      • Article
        Sofinco to open branch for Viets
        88 6 FRENCH bank Sofinco said on Tuesday it would open a branch in the heart of Paris' Asian community aimed at the 250,000-strong community of Vietnamese origin in France. The new banking centre, due to open on May 15, will have staff of Vietnamese origin,
        88 words
      • Article
        Loss for BankAmerica Australia
        55 6 BANK of America Australia Ltd said a poor economy and corporate failures resulted in a A 572.41 million (Ssloo million) net loss in 1990 after a profit of $9.38 million in 1989. The bank, wholly owned by Bank America Corp, said write ofTs on loans during
        55 words
    • Article
      Factoring volume jumps 20pc for Singapore
      331 6  -  By Quak Hiang Whai FACTORING volume in Singapore last year rose by about 20 per cent to US$ 1.43 billion (552.47 billion, based on end-December 1990 exchange rates), according to figures released by Factor Chain International. With that volume, Singapore maintained its position as
      331 words
    • Article
      Bangkok to raise 2 billion baht in phase two of expressway project
      272 6 THE Expressway and Rapid Transit Authority of Thailand (ETA) will issue funds worth 2 billion baht (S$ 138 million) to finance the expropriation of land for the construction of the second stage of the city expressway project. A
      272 words
    • Article
      Hongkong bond scheme proceeds estimated at HK$1b
      351 6 A PROPOSED premium bond scheme could generate sales as high as HK$ 1 billion (5522.7 million), says the Hongkong government. But before any decision is made to go ahead with the scheme, the Finance Branch will carry out a market survey to test
      351 words
    • Article, Illustration
      Lock icon Regional exchanges fight NYSE's after-hours plan
      369 6 AP IN A BITTER DISPUTE over the future of securities trading, America's regional stock exchanges are trying to block the first after-hours sessions in the 199-year history of the New York Stock Exchange. The battle is a striking example of inter-market warfare. It also
      AP  -  369 words
    • Article
      Lock icon Permodalan Nasional has to invest M$500-$1b annually
      383 6 MBT PERMODALAN Nasional Bhd (PNB) will spend MSSOO million to Msl billion (Ss32o million to SS64O million) annually in its effort to cater for the growing demand for its investment funds. PNB chief executive Datuk Khalid Ibrahim said unit holders for its scheme
      MBT  -  383 words
    • Article
      Standard Chartered and HongkongBank offer customers new facilities
      241 6  -  Check out the Cheque-Up Account, or try the Fusion By Chew Eng Han HONGKONGBANK launched a new account called the Cheque-Up Account which allows the holder to perform banking transactions worldwide, while Standard Chartered Bank yesterday offered its Fusion Account, a combined
      241 words
    • Article
      Lock icon US brokerages expected to hang on to proprietary trading
      338 6 Move is to offset lower profits from other sources Reuter BROKERAGES are likely to continue their record levels of proprietary trading as they struggle to offset dwindling profits from former rainmakers like investment banking, industry analysts said. To be sure. Wall
      Reuter  -  338 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      102 words
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      Page 6 Advertisements Column 2
      53 6 (Open C Sesame Jw I Going public I I with a I I Rare and Valuable I I Private Rug Collection I I lor a >pecial in\itation. please complete and fax the form below to H I Fax no: *****18 I Name H I A<l<lress I or call Li-fen on
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Sarawak likely to hold state elections in September
      363 7  -  From Abdul Hadhi in KUCHING THE SARAWAK government is likely to call for state elections in September this year. The ruling Sarawak National Front has until July next year to call for elections. But political sources close to the ruling party told
      363 words
    • Article
      Lock icon Indonesia looks to its share of investment by Japanese industries
      341 7 Indonesian delegation met Japanese industrialists last month AP INDONESIA hopes to gain from Japanese industries' plans to move some factories to developing countries where production costs are much cheaper. Industry Minister Hartarto said on Tuesday. Meanwhile, a news report said
      AP  -  341 words
    • Article
      Lock icon Privatisation in the Philippines well on track
      300 7 Reuter PRESIDENT Corazon Aquino's plan to sell state companies' assets acquired by the administration of ex-dictator Ferdinand Marcos is well on track, one government agency said on Tuesday. The Asset Privatisation Trust (APT) said it was poised to finish its task of privatising
      Reuter  -  300 words
    • Article
      Lock icon Labuan: foreigners still cautious about tax haven
      394 7 Reuter MALAYSIA'S infant tax haven on an island off Borneo is building up its offshore banking industry but tax experts and bankers say foreign institutions are still cautious about putting in money. Three Malaysian banks have set up offshore operations on Labuan Island,
      Reuter  -  394 words
    • NOTE BOOK
      • Article
        Indonesia plans higher import tax to stop dumping
        84 7 INDONESIA plans to slap tariff surcharges on imports being sold at dumping prices, especially those from China, the official Antara news agency said yesterday, quoting Industry Minister Hartarto. "I am particularly concerned with imports from the People's Republic of China which are
        84 words
      • Article
        Not eligible to vote
        86 7 A TOTAL of 36,345 people with past communist links will be prohibited from voting in Indonesia's election next year, the Editor news weekly said yesterday. The government screened 1,353,896 former political prisoners linked to the 1965 failed coup blamed on the Communist Party of Indonesia (PKI)
        86 words
      • Article
        Manila to reduce unpopular levy
        106 7 TUp PHILIPPINE government is preparing to reduce an unpopular 9 per cent levy imposed on imports. President Cowzon Aquino's chief aide said on Tuesday. Executive Secretary Osear Orbos said that the government was preparing a study of the levy's effects and that by May it
        106 words
      • Article
        Hawke's popularity on the wane
        69 7 AI&TRALIAN Prime Minister Bob Hawke, whose popularSy soared during the Gulf War, has lost ground to the opposition coalition since the shooting stopped, a leading opinion poll published yesterday said. A Morgan Gallup survey in the weekly Bulletin magazine showed that 49 per cedt of
        69 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      134 7 A BOID DEVELOPMENI LOCATED AT THE T EDGE OF THE j business H1 j r j [j I BT^SmS WITH OVER.LOOKING THE jjj j j THE CONFLUENCE OF BUSIEST PORT IN THE ;1 1 Eb*Bb3l '^i|9HBI THE VITALECP 4 AYE- tttt EimlW TTrß^^^^B IHi w 15 000 S Q FT
      134 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Tax pushes Japanese oil product prices up
        119 8 JAPAN'S oil retailers have raised product prices because of a new oil tax introduced to help pay for Japan's Gulf war contribution, an official at the government's Economic Planning Agency (EPA) said in Tokyo yesterday. According to an EPA survey conducted on March
        119 words
      • Article
        World textile sector subdued
        62 8 ACTIVITY in the world textile industry remained subdued in the last quarter of 1990, with yarn production unchanged from the same period in 1989 and inventory stocks increasing by more than 7 per cent, the International Textile Manufacturers Federation (ITMF) said in Zurich on Tuesday. World
        62 words
      • Article
        G-7 membership may change
        88 8 THE GROUP OF SEVEN (G-7) industrialised countries may find its number reduced to three after the economic unification of Europe, according to a study released on Tuesday by the Institute for International Economics in Washington. Europe's representative to the "Group of Three" would be the head
        88 words
      • Article
        Moscow ratifies treaties
        68 8 THE SOVIET PARLIAMENT has overwhelmingly ratified two treaties signed with Germany last autumn, ending the debate over Germany's reunification, Tass news agency reported on Tuesday. The treaties concern the temporary stay of Soviet troops in eastern Germany, their phased withdrawal and an inter-governmental agreement on transitional measures.
        68 words
      • Article
        Brazil raps loan postponement
        113 8 BRAZILIAN OFFICIALS have hotly protested against the postponement of a loan from the Inter-American Development Bank (IDB), saying some industrial countries are unfairly linking it to Brazil's external debt arrears. Acting Foreign Minister Marcos Azambuja said on Tuesday that "some industrial countries" in the IDB had
        113 words
      • Article
        Japan releases more Gulf aid
        108 8 JAPAN have disbursed an additional 324 billion yen (554.15 billion) to the US and Britain as part of its contribution to the Gulf war, a Foreign Ministry official in Tokyo said on Tuesday. The latest contribution follows the disbursement of 794 billion yen to the
        108 words
      • Article
        Mexico upbeat about investors
        81 8 MEXICO expects foreign investors to pump more than US$5.O billion (Ss9 billion) into its economy this year. Joige Amigo Castaneda, director of foreign investment at the Ministry of Commerce in Mexico City, said on Tuesday that the country attracted US$l.2 billion in foreign capital during the
        81 words
    • Article
      Lock icon US factory goods orders fall for fourth straight month
      559 8 Manufacturing sector still in recession: analysts AP ORDERS for factory goods in the US fell in February for the fourth straight month and analysts say the 0.5 per cent drop is another sign that the American manufacturing sector remains in a
      AP  -  559 words
    • Article
      Lock icon Open markets will help Asia, says US official
      391 8 AP LIBERALISED markets for trade and investment would ensure further economic growth and stability in Asia and the Pacific, one of the fastest-growing regions in the world, a US official said yesterday. Speaking to a UN meeting. US ambassador to South Korea
      AP  -  391 words
    • Article, Illustration
      Thumbs down for Albania's communist rulers
      27 8 Albanian opposition supporters making plain their displeasure over the ruling communist party's election victory at a rally in Kavaje on Tuesday.
      27 words
    • Article
      Lock icon Hungarian economy gives the lie to sceptics
      592 8 Reuter FOR THE sccond year in a row. Hungary is preparing to prove wrong the prophets of doom who predicted its economy was on the brink of disaster. Warned by officials and economists that inflation would soar and almost a billion more dollars
      Reuter  -  592 words
    • Article
      Lock icon Warning over rising Soviet deficit
      248 8 Reuter THE SOVIET budget deficit in the first quarter of this year has exceeded the level planned for the entire year and emergency measures are needed to stave off economic catastrophe. A letter distributed to parliamentary deputies on Tuesday said that unless steps were taken,
      Reuter  -  248 words
    • Article
      Lock icon Japanese production increasing faster than America's, says IMF
      400 8 AP JAPAN'S industry, though much smaller than the US', has been increasing its production a lot faster, according to new figures from the International Monetary Fund. Since 1985, Japan's increase has been 26 per cent 6 per cent of it last year.
      AP  -  400 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      211 8 Build up your regional market share at! '91 The 9th South East Asian International Building Exposition 15-18 May 1991 Changi International Exhibition and Convention Centre Singapore The next decade will firmly reinforce South East Asia as one of the world's most dynamic building and construction markets. An estimated US$3OO billion
      211 words
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      Page 8 Advertisements Column 2
      112 8 i COLOUR PRINTS. DURATRANS, DISPLAY fIOP 6** TRANSPARENCIES \JgF s cibachrome I EKTACHROME FUJICHROME P PROCESSING (ES) I •SLIDE DUPLICATING ifj 1 WrWKR/f W OVERHEAD PROJECTION FILM St ViHf I METALLIC glossy prints I |j B W PRINTS f RECOPYING OF PHOTOS SUPER IMPOSE SPECIAL EFFECTS FOR MRT POSTERS EXHIBITIONS
      112 words
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  • ADVERTISING & MARKETING
    • Article
      SPH to launch AudioTex ad and information service
      362 9  -  By Lilian Ang THE Singapore Press Holdings (SPH) group will soon launch a new system which will provide companies and individuals with round-the-clock advertisement and information services. Known as AudioTex, the new system, which is part of the newspaper group's campaign to
      362 words
    • COPY LINES
      • Article
        Lock icon Chiat/Day's top NY officer resigns
        139 9 NYT AFTER just seven months on the job, Robert Perkins has resigned as president of Chiat/Day/Mojo's New York office. Mr Perkins will become the senior vice-president of marketing for Pizza Hut. Bob Wolf, the chairman and chief executive of Chiat/Day's North American operations, will assume
        NYT  -  139 words
      • Article
        Lock icon IBM's new TV ad
        80 9 NYT IN A NEW television ad prepared by Lintas New York, the International Business Machines illustrates the power of its new PS/2 laptop computer with a man on an airplane who opens his brief case and discovers an entire office inside. "Imagine having your office right
        NYT  -  80 words
    • Article
      Record year for DDB Needham
      220 9 DDB Needham Worldwide International has reported a record vear achieving billings of US$4.5 billion (SsB billion) last year, an increase of 15.2 per cent over the previous year. Revenues increased by 16 per cent to $625 million. The international division now commands 49 per cent
      220 words
    • Article, Illustration
      Lock icon American consumers less optimistic
      344 9 NYT A STUDY released last month by Grey Advertising in New York found that a majority of American consumers were shaken by the Persian Gulf war, discouraged by the recession and saw the American dream of a good life slipping out of reach. The study, conducted
      NYT  -  344 words
    • Article
      Lock icon When the Avon lady comes calling in Guangzhou
      589 9 NYT IT IS lunchtime in the teeming alleyways and noodle shops of Guangzhou and there's a commotion at the door to Peter Tse's Erlishan Karaoke bar. A group of the establishment's young hostesses have come outside to talk to two smartly dressed
      NYT  -  589 words
    • Article, Illustration
      Merger puts Bozell DDK among S'pore's top 10
      395 9  -  By Genevieve Cua Nine-month-old Doddcmeade Dowler Kaslan (DDK) i ias merged with established nultinational Bozell Adverising. The merger puts the firm, vnamed 80/ ell DDK. well imong Singapore's top 10 igencies, with combined bilings of about $33 million. DDK. which was determined
      395 words
    • Article
      $1.4m budget for Asean Year
      337 9  -  By Chitra Rajaram THE Association of South-east Asian Nations Tourism Association (Aseanta) has put aside a budget of more than $1.4 million to promote The Visit Asean Year 1992 (VAY). According to Aseanta, the Asean region is one of the most popular and important destinations
      337 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      33 9 Jbl, 1 IP%. »w% rv'i I 0m K 9 K f iiifTi Spßf" ■Hh I sjP &JBw :W W IHr*- Km h JS L. Tf, '-Mm*, 'i i SiM 290 ORc^AifItfffIMMSHIMB!M!HMBBI!MBy TEL *****59/*****71
      33 words
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  • Article
    Building a track record
    493 10 EDITORIAL PROFESSIONALS in Singapore have an exalted status. Parents eagerly push sons and daughters into law and medicine, envisaging this as a ticket to the good life. In many cases, it is. But for architects, it doesn't quite work that way. Of course, there is a
    493 words
  • WHAT THE OTHERS SAY
    • Article
      The reality of Nato
      221 10 A QUESTION still haunting policy-makers in Western Europe and the United States is: with the Warsaw Pact gone, does Nato really need to exist any more? Hardly anyone will deny that Western European countries will continue to have national security interests which can best be served
      221 words
    • Article
      Focus on emigration
      132 10 THE recent Institute of Policy Studies report on Singapore emigrants in Australia and Canada has given us a clearer picture as to why some talented Singaporeans chose to emigrate. It confirm previous reports about factors behind the emigrtion of talented Singaporeans such as dissatisfaction with the socio-economic
      132 words
    • Article
      New blood in China
      128 10 CHINA'S present leadership has been chantng the "stability and unity" slogan and up till no\ there have not been significant changes in its rans. But as many in the top leadership arc getting on n age, replacements will be necessary. The Chinese eadership appears to be
      128 words
  • REGIONAL VIEWPOINTS
    • Article
      Fostering professionalism
      154 10 IN CRACKING the whip. Finance Minister Datuk Seri Anwar Ibrahim said, "The action on Mercantile Insurance should serve as a lesson to other insurance firms, especially those which are facing financial problems, to take immediate measures to fulfil all requirements of the Insurance Act 1963." In the past,
      154 words
    • Article
      Biggest ethical test
      172 10 IF HONGKONG intends to keep on playing in the big league, its regulations must be clear and applicable to all and sundry, without any hint of bias. The distancing, leading to an ultimate divorce, from Hongkong by some corporations is perhaps inevitable because of the uncertainty caused
      172 words
    • Article
      Restoring democracy
      153 10 ONE impending major issue that will influence foreign perception of post-coup Thailand lies inthe shape and direction of the new constitution. Oviously this country would win support from its oreign friends if the new charter is seen to be democratic. Another equally important development that vill swing the
      153 words
  • Article, Illustration
    Lock icon War goes beyond bargaining room
    1099 10  -  US trade negotiators are using the Struetural Impediments Initiative to push beyond basic issues of tariffs and quotas. They have a surprise ally the Japanese consumer who looks to the SII talks as the only way out of a structure of overpriced consumer items. Michael
    AP  -  1,099 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      111 10 WHICHEVER WAY YOU SEE IT IT STILL LOOKS FABULOUS mmm I THE IimRHOME COLLECTION I H Forever Exchisive |BV Forever Uxvrioos I Hr~ H a I IS GENE sofa suite Luxurious sofa mode of solid wood structure filled H with nonmflommaWe polyurethone foam Ist grode leather upholstery with DACRON fibre
      111 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      62 10 DOONESBURY BY GARRY TRUDE/U so. boopsie' iers i write almosteveryday, uuell, the mius I caster j START WITH YOU' UE'VB ANQI SENT HIM A UTTI£ ON BEEN A UTTLB HAVE YOUANP BEEN BUNNY RABBIT WITH CHOCO VAI£N- SLOW. lUJAHTW tUHATD CHRISTMAS BP BEEN STAY TRY- LATE EGC6 ON TINE'S TOMAKBSURB
      62 words
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  • ANALYSIS
    • Article
      Recurring rental income comes to the fore
      762 11  -  1990 proved to be a difficult year for markets all over the world and Singapore was no exception. Elaine Koh discusses how the property sector fared last year, while Alvin Tay takes a look at the performances of companies here Elaine Koh Alvin
      762 words
    • Article
      A mixed bag of full-year results
      2260 11 THE 1990 full-year report cards of 100 publicly-listed companies showed 11 companies in the red and mother 23 with lower earnings. If tiese companies needed an excuse for their poorer performance, nost could point their fingers at raqi president Saddam Hussein, he man whose
      2,260 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      76 12 This announcement appears as a matter of record only. THE BANK OF NEW YORK is pleased to announce the establishment of a SPONSORED AMERICAN DEPOSITARY RECEIPT (ADR) FACILITY for UNITED OVERSEAS BANK LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) THE BANK OF NEW YORK For further information regarding The Bank
      76 words
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  • SPORTS
    • Article, Illustration
      Lock icon Agassi wins easily, Connors beaten
      434 13 AP TOP-SEEDED Andre Agassi beat Brian Garrow 6-2, 6-4 and No. 4 Derrick Rostagno easily dismissed veteran Jimmy Connors 6-1, 6-4 in the Prudential Securities Classic tennis tournament on Tuesday. In other first-round matches, second-seeded Pete Sampras needed only 53 minutes to dismiss Brad Pearce
      AP  -  434 words
    • Article, Illustration
      Lock icon Nicklaus prepares to defend title
      335 13 AP THE Golden Bear is ready to come out of hibernation again. Jack Nicklaus made his debut on the Senior PGA Tour a memorable one last April by winning The Tradition on the par-72, 6,864yard Cochise Course he designed at Desert Mountain in Scottsdalc, Arizona.
      AP  -  335 words
    • Article
      Lock icon Italy slaps holding ban on Maradona
      216 13 AFP THE CAREER of Diego Maradona is now virtually over. The 31-year-old Argentine star, who flew home to Buenos Aires in disgrace on Tuesday morning after testing positive for cocaine after Napoli's match with Bari last month, was banned by the Italian League "from
      AFP  -  216 words
    • Article
      Lock icon Seeded players advance in Family Circle
      466 13 AP TOP-SEEDED Martina Navratilova, playing in her first competition in a month, conceded she was rusty during a 6-2, 7-5 victory on Tuesday over Amanda Coctzcr of South Africa in the Family Circic tennis tournament. "I was rushing and I was more worried about
      AP  -  466 words
    • SIDE LINES
      • Article
        LeMond to take part in first Tour Du Pont race
        104 13 THREE-TIME Tour de France champion Greg LeMond of the United States and Dutch rider Eric Breukink will be among the field of 126 in the first Tour Du Pont bicycle racc. officials said on Tuesday. The 11-day stage event, which
        104 words
      • Article
        Rose completes sentence
        49 13 BASEBALL STAR Pete Rose, still serving a community service sentence for his federal tax conviction, can be released tomorrow from a Cincinnati halfway house. The US Bureau of Prisons will consider Rose's three-month halfway house sentence completed tomorrow, Denny Mudson. the bureau's community corrections manager, said.
        49 words
      • Article
        Dope tests at French Open
        69 13 DOPE TESTS are to be stepped up at this year's French Open tennis championships at the request of France's new Davis Cup captain Yannick Noah. Philippe Chatrier, president of the International Tennis Federation (ITF), said on Tuesday procedures had still to be decided but around
        69 words
      • Article
        Call to spend more on stadiums
        86 13 A LEADING politician has called for a massive investment programme to rebuild crumbling east German soccer stadiums and fight hooliganism. "Only then can attractive matches take place in the eastern part of the country," Ferdi Tillmann, chairman of the German parliament's sports committee, wrote
        86 words
      • Article
        Gomez joins other fallen seeds
        86 13 TOP SEED Andres Gomez of Ecuador lost 6-4, 6-3 to Haiti's Ronald Agenor on Tuesday, to joined a parade of fallen favourites in the first round of the U*****,000 (*****,500) ATP Estoril Open. Gomez, 31, said after the match he was considering retiring from the
        86 words
    • Article, Illustration
      Lock icon McEnroe hints that his days are numbered
      505 13 AFP FORMER world number one John McEnroe said his days as a tennis player could be numbered if he continues to rant and rave on court. The bad boy of professional tennis was in a soul-searching mood after being knocked out by fellowAmerican
      AFP  -  505 words
    • Article
      Lock icon Lawson adds spark to Cagiva team
      516 13 AP FIORENZO Fanali knew that having a four-time world champion aboard his Cagiva Corse racing team would add a bit of lustre to the 1991 Motorcycle Grand Prix season. But even Fanali. a 23-year veteran of the world circuit and Cagiva team manager, was
      AP  -  516 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      54 13 I BE PREPARED r :'-a-'':i et"' :r-:: ,v vth e* j _.'t: 3:o!c' 1 A must for Marketing/Sales Director and Manager, policy makers, analyst, corporate directors, distributors, entrepreuners and those who need business intelligence to make strategic and tactical decisions For further information and registration, please call Vivien/May at Tel:
      54 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      186 14 WHERE TO WINE. DINE AND ENTERTAIN WHEBE TO WINE, DIME AMD ENTERTAIN WHERE TO WINE, DINE A HEAVEI^^^EAST SUMPTUOUS SICHUAN CUISINE. DELICATE YANGZHOU DIANXIN. RICH PIPING HOT STEAMBOAT. LUNCH: 11.30 AM TO 2.30 PM DINNER; 6.30 PM TO 10.30 PM A MKMBER OFCDL HOTELS lIDVfI I lavclock Road, Singapore 0316.Te1:*****11
      186 words
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      Page 14 Advertisements Column 2
      236 14 THE WALL STREET NIGHT EXCLUSIVELY AT EVERY THURSDAY MONEY, MONEY, MONEY Are you fed up with The ted.*' Down on the DM? Then it's time for a break at CHINOISERIE Bankers and brokers this night is your night. Just show your business card and you gain free admission. Lots of
      236 words
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      Page 14 Advertisements Column 3
      261 14 HITS SUBWAY! Yes! Hard Attack is now wowing the crowds at Subway. Be in the thick of the action tonight! Get a free round of the same drinks on your receipt if it's picked in our lucky draw at 10 pm 11 pm &12 midnight 0 m ia\s Plaza Hotel
      261 words
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      Page 14 Advertisements Column 4
      297 14 ——————I Scandinavian Buffet Lunch jgyn April 1 30 BH Noon 2.30 pm Ny Adult: $36++ [aSB Child below 10: $18 We serve the world to you at The Belvedere. < Q//imdmn I®?! 5 hlWlnteaifavßvv -<* 1)1 OrdMrd Road Ski«vare 0921 TH 7)***** -r-. ir„ -s* t. ir ril^ l| yi
      297 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      745 14 TELEVISION AND RADIO 1 s I $.J5 You Cm Mako a Diflor«K. Hi 7.00 CaMe Ww. Nrtyrt. BUSINESS ON RAWOi Continental concern s 8.00 Power in the Pacific The 10.30 Thursday Feature Special Lympics. 7.10 am, 9.25 am, 1.30pm, ■Ii '"I'lii"" Nuclear Northwest (See Our The Running Man (Sec Our
      745 words
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  • LIFESTYLE
    • Article, Illustration
      Exhilarating freedom
      1016 15  -  Claire Leow salutes a Czech film director whose concern and love for humanity shine clearly through his films Claire Leow CZECH director Jiri Menzel, and winner of the Akira Kurosawa 1990 award, has a kind and gentle countenance and, at 53, a childlike curiosity that shows in his
      1,016 words
    • Article, Illustration
      Graham Greene dies in Switzerland, aged 86
      518 15 BRITISH novelist Graham Greene died yesterday, aged 86, of a blood disease at a hospital in the Lake Geneva city of Vevev. his daughter Caroline Bourget said. Greene, widely regarded as one of the century's leading writers, wrote The Power and the Glory.
      518 words
    • Article
      Lock icon Riding on the Costner bandwagon to success
      987 15 NYT LAST Monday was a great night for Kevin Costner, whose movie, Dances With Wolves, won seven Academy Awards. But next to Costner, perhaps no one enjoyed the evening more or stands to benefit as directly from the film's success as a former
      NYT  -  987 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      177 15 AND ENTERTAIN The Happiest Hours In Town. %i u Hi-si J( 2ra^»^C*vl^>^"ik— twin IWMM. < ~"-«T- IH*R"> lIAM IO lAM Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. ii ANA HOTEL 16
      177 words
    • Advertisement
      Page 15 Advertisements Column 2
      60 15 The freshest, liveliest seafood place in town. \ou II have to go a long way to find seafood any fresher. Lunch: 12 noon 2.30 pm. -y* "^RJ* Except Sun day. Dinner: 6.30pm 11.00pm. •>■ .■.>«o» »•«<• I I m stAFOOII ri »< I- ItVtl IMF PAN I'M IMI HOI H
      60 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Caution among investors checks market's rise
      4390 16  -  By Quak Hiang Whai SHARE prices on the Singapore stock market yesterday finished slightly higher, but investors remained cautious about the overseas rallies. Dealers said the market opened strongly gaining 8.93 points on the Straits Times Industrials Index. This was spurred by a 2.22
      4,390 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4039 17 Main Board DBS Foreign 1290 +30 +2.4% OCBC Foreign 1060 +30 +2.9% Semb Shipyard 650 30 4.8% S1A Foreign 1820 20 +1.1% Semb Maritime 468 +18 f4.0% Keppel Corpn 745 +15 +2.1% Shangri-La 655 +15 +2.3% Keppel C Wrts 452 +14 +3.2% Semb Ship Wt
    4,039 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      111 18 Company Data Year Group Nat Nat earnings Gross a«n to profit/loss (L) par share dividend ('000) (cents) Pacific &n Mar 18 Sep 90 $1 450l($531m) -(0 7) Keppel Finance Mar 15 Dec 90 $5,276(15.169 5 8(6 3 5(4) Van dei Hocst Mar 12 Sep 90 52,451(11.902 4 2(3
      111 words
    • Article
      PRELIMINARY RESULTS
      697 18 Company Date Year Group pre-tax Net earnings Gross MR to prom/loss (L) per share dividend C000) (cents) TanCto* Apr 2 Dec 90 MJ271.671 ($153.6/8) 24 5(15 9) 10(6) City Dev Mar 30 Dec 90 $85.064($71,938) 95(79) 15(15) HM Corpn Mar 30 Dec 90 M$13.308($8.100) 12 8(9 3) 10(7)
      697 words
    • Article
      INTERIM RESULTS
      434 18 Company Date Half year Croup pro-tax tatertai ann to profit/low (L) 4M4m4 ('000) Seal Inc Mar JO Dec 90 M$3 848(15.89?) Tongkah Hldgs Mar 29 Dec 90 MJ1.514L ($378) fioustead Mar 28 Dec 90 M$17.902(M$20 406) 5(5) Chuan Hup Mar 28 Oec 90 $2.037($5.109) Ind Oxygen Mar 28
      434 words
    • Article
      CORPORATE DEVELOPMENTS
      221 18 Apr 2 Faber Group has received approval from the Capital Issues Committee for its proposed acquisition of a 50% stake in Project Lebuhraya Utara Selatan from Catuman Bahagia. a wholly owned subsidiary of Renong. for Mslb (Ss64om). Yeo Hup Seng is planning to raise $100 m through a
      221 words
    • Article
      DIVIDENDS ANNOUNCED
      1517 18 Current Ex Books Date Total tor Total far payment date dose payable the year last year A ana 5%TE Jun 5 Jun 17 Jul 1 10% IE Amttk Enj 6%TE(I) Apr 11 Apr 17 Apr 26 6%TE 12%TE Asean Find US$010(b) Mar 18 Mar 28 Apr 8 US$010
      1,517 words
    • Article
      APPROVED ISSUES
      296 18 Company IHghts tow (Map Est Restated issue of S88 514m nonrnl value of 10% Convertible Redeemable Unsecured Loan Stock (CULS) 1991/1996 issued on the basis of $1 nominal amount of CULS tor every 3 ordinary shares of SI each held at nominal value Ei-date Apr Books dose Apr
      296 words
    • Article
      PROPOSED ISSUES
      429 18 Company Right* tssuo Mcora One-tor two g, Mil 00 per stare Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every I CRPS MMw One-tor tour MS200
      429 words
    • Article
      BONDS, LOANS & WARRANTS
      736 18 BONDS, LOANS WARRANTS c— »T CwwtiIw ptriti Ci—inlu tarn far tm arfcapr C«C 81 Before 26/4/93 1 warrant phis $3.09 ash C—ewij Loan Cauwway III 2/10/89 to 20/10/9* 1 warrant plus JO 77 cash or 1 warrant plus $0.77 normal amount of loan stock. Chan My Nates Qnan Ift* 81
      736 words
    • Article
      COMPANY MEETINGS
      105 18 Kian Joo Cm Factory Bhd: EGM at Lot 10, Jalan Perusahaan Satu, ***** Batu Caves. Seiangor Darul Ehsan on Thursday, April 4, at 11am. Asean Find Ltd: 2nd AGM at Marina Mandarin Hotel, Libra Room, 6 Rattles Boulevard, #01-00 Marina Square. Singapore 0103 on Friday. April 5, at
      105 words
  • Page 18 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Profit-taking eats into day's gains
      4127 19 Bernama SHARE PRICES came off the day's highs to close marginally steadier yesterday on profit-taking and lack of support. The KLSE Composite Index at the close, added 2.66 points to 586.86 while the Industrials Index gained 3.62 points to 1,138.27. Gainers led losers by 104
      Bernama  -  4,127 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      131 19 NEWS FLASH ts*--—rw. "i r 1^ IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports. Shipping Agents List. Freight Rates and a guide to port of calls of major shipping lines, among others. In the
      131 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks up sharply on yen and Wall Street gains
      2242 20 Reuter TOKYO stocks closed sharply higher yesterday after Wall Street and the yen both made gains on Tuesday. The return of overseas investors as strong buyers and higher bond prices also boosted sentiment, but the market was still awaiting a commitment
      Reuter  -  2,242 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Fresh buy orders drive index 79 points higher
      2171 20 Reuter HONGKONG'S bull run yesterday showed few signs of faltering as fresh buy orders drove the Hang Seng Index up 79.71 points to end 2.1 per cent higher at 3,869.70. "It's the start of the new quarter and cashed-up pension funds are
      Reuter  -  2,171 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Most Asian markets chalk up gains
      • Article
        SYDNEY
        206 21 AUSTRALIAN shares cautiously tracked bullish offshore markets to close higher yesterday in relatively light turnover. Brokers said the rally was inspired by Wall Street's 64-point rise amid investor optimism of an economic recovery in the US. "It was pretty light turnover considering the US and Japan but there were
        206 words
      • Article
        BANGKOK
        847 21 IN BANGKOK, foreign buyers returning after the Easter holiday helped push stocks up slightly but investors still waited for more market moving news, brokers said. They said the market may become more active in about two weeks when listed companies start announcing first quarter earnings. The SET Index rose
        847 words
      • Article
        JAKARTA
        659 21 THE Jakarta Stock Exchange Index crawled up 0.44 points to end at 404.54 in a despondent market yesterday. Even indications that the government is prepared to relax its iron grip on the money supply and a one point drop in interest rates failed to dispel the gloom. "Lower deposit
        659 words
      • Article
        MANILA
        554 21 MANILA shares yesterday opened firm in reaction to the 64-point rise on Wall Street but closed mostly lower on profittaking ahead of the deadline for tax payments. But brokers said the fall was healthy and that the market still had underlying strength. The Manila Stock Exchange Composite Index eased
        554 words
      • Article
        NEW ZEALAND
        90 21 NEW ZEALAND shares yesterday responded disappointingly to Wall Street's 64-point rise, ending the day only slightly higher in thin trade. The Barclays Index ended 4.89 points higher at 1,342.50 after being up 13 points in the morning. "For no apparent reason we ran out of buying orders," Paul
        90 words
      • Article
        SEOUL
        790 21 SEOUL stocks yesterday rebounded from recent falls mainly on buying support from institutional investors. The Composite Stock Index ended the day at 649.43, up 5.87 points from Tuesday's close. Trade volume was 96.6 biltibp won against 104.S billion won. Gainers outnumbered losers by 445 to 150, with 169 unchanged.
        790 words
      • Article
        TAIPEI
        376 21 LATE BUYING yesterday pulled Taiwan share prices to a sharply higher finish as investors, hopeful of a local economic recovery, bought in before the market's forthcoming three-day holiday. The Weighted Index surged 159.54 points, or 3.1 per cent, to finish at 5,344.84 compared with Tuesday's 5,185.30 close. Turnover was
        376 words
      • Article
        BOMBAY
        58 21 INDIAN share prices on Tuesday shrugged off scattered profit-taking by state-owned mutual funds to snatch gains for the second day. The Bombay Stock Exchange Index rose 15.62 points to 1,209.23 and the National Index 5.97 to 603.99. Cement stocks led the rise as the focus turned to corporate results
        58 words
      • Article
        Untitled
        1257 21 Close Previous April 3 SYDNEY All Ordinaries Index 1,457.1 1,433.6 +23.5 All Industrials Index 2,250.1 2,216.4 +33.7 All Resources Index 849.8 834.5 +15.3 Turnover (million) 94 98 65.37 +29.61 BANGKOK SET Index 856 38 853.58 +2.80 Turnover (million baht) 2.608 2,301 +307 JAKARTA Composite Index 404 54 404.10 +0.44 MANILA
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  • WORLD STOCK MARKETS
    • Heavy buying adds 63 points to the Dow
      • Article, Illustration
        NEW YORK
        1477 22 THE PROSPECT of lower interest rates plus rising hopes for an economic recovery helped to push New York stocks sharply higher on Tuesday. The Dow Jones Industrial Average climbed 63.86 points and many broader averages reached record highs. There were reports of heavy buying by both American and
        1,477 words
      • Article
        AMSTERDAM
        299 22 DUTCH shares were higher across a broad front after extending their opening gains in fairly active mid-session trading yesterday. At 1145 GMT, the CBS Tendency Index was up 1.4 points at 97.8, just below a new 1991 high of 97.9. Dealers said there was an optimistic undertone after Wall
        299 words
      • Article, Illustration
        LONDON
        817 22 LONDON share prices surged at midday yesterday and dealers looked for new trading highs on expectations of a strong opening on Wall Street later in the day. Dealers said the Financial Times-Stock Exchange 100-Shares Index strengthened at the opening in response to a 63.86-point jump by the Dow Jones
        817 words
      • Article
        FRANKFURT
        318 22 IN FRANKFURT, shares surged 2.5 per cent in active trading yesterday, as both domestic and foreign buyers were encouraged by overnight rises in US and Tokyo stock prices to snap up German blue chips. But dealers said that while the mood was good, sentiment was far from euphoric. Many
        318 words
      • Article
        MILAN
        182 22 IN MILAN, shares yesterday tracked the strong performance of foreign markets and closed higher, with the banking and insurance sectors well bid. Insurer Generali gained throughout the session and stood 2.4 per cent higher in late trading. The share was boosted by over- seas buying and dealers said foreign
        182 words
      • Article
        PARIS
        171 22 FRENCH shares yesterday followed other world stock markets higher as institutional investors, apparently with more cash on hand than they would like, shifted into stocks. The CAC-40 Index rose 23.07, or 1.26 per cent, to 1.850.17 at 1105 GMT on volume of 1.62 billion francs. On Tuesday, volume was
        171 words
      • Article
        ZURICH
        316 22 SWISS shares traded over one per cent higher at midsession yesterday. Dealers said foreign investors appeared to have switched funds from the German to the Swiss share market, while domestic investors were encouraged by Wall Street's strong gains. The All-Share SPI Index rose 13.3 points, or 1.25 per cent,
        316 words
      • Article
        BRUSSELS
        119 22 IN BRUSSELS, shares started mostly firmer yesterday, but dealers said trading was thin and there were no major new factors to influence trading after the Easter break. The key Bel2o Index rose seven points to 1,200.71. Brussels Apr 2 Francs FORWARD MARKET Accc 2835 unch Arbcd 4220 unch Aslur
        119 words
      • Article
        STOCKHOLM
        78 22 THE STOCKHOLM bourse yesterday closed sharply higher in active trade following gains on foreign markets and in reaction to declining domestic credit yields. The blue chip index surged 2.2 per cent, while the Bourse General Index rose 1.7 per cent to 1,102.05 in turnover of 464 million crowns. "The
        78 words
      • Article
        TORONTO
        266 22 A BUYING frenzy on Wall Street pushed Toronto stocks sharply higher on Tuesday, with strength in banks and consumer products shares. "It was a very, very good day although volume was moderately active," said analyst Ira Ratzin of Richardson Greenshields of Canada Ltd. The Composite Index closed up 29.5
        266 words
      • Article
        Untitled
        396 22 April 2 (low Previous NEW YORK Dow Jones 2.945 05 2.881.19 63.86 NYSE Financial 150 36 ***** +2.57 SAP 500 379.50 371 30 8 20 Turnover (million) 189.5 144.0 +45.5 LONDON Financial Times 30 1.985.9 1,953.9 +32.0 FTSF. 100 2.488.3 2,456.5 +31 8 Turnover (million) 520.6 546.6 -26.0 AMSTERDAM CBS
        396 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends sharply higher against mark in Tokyo
      1208 23 REPORTS THE US DOLLAR hovered in the middle of a two pfennig range as trade slackened early yesterday in Europe ahead of today's Bundesbank meeting and the release of US jobs data tomorrow. By 1000 GMT, the dollar was quoted at
      1,208 words
    • Article, Illustration
      Lock icon Market shows bouts of D-mark nervousness
      515 23 FT DURING the last year, the German bond market has been beset by most ills that habitually unsettle investors oversupply, political uncertainty and inflationary dangers. Only recently has the weakness of the currency climbed to the top of this list of bogeys. Since mid-February,
      FT  -  515 words
    • Article
      FINANCIAL FUTURES
      1123 23 SjjjjEX fwhhwiuw Open High Low Sett Est Vol Op/Int Vol Jun 91 93.55 93.57 93.54 93.55 8353 ***** 3929 Sep 91 93.27 93.28 93.25 93.27 2286 6612 1616 Dec 91 92.79 92.79 92.78 92.78 856 8586 469 Mar 92 92.59 92.59 92.58 92.58 515 4841 96 Jun 92
      1,123 words
    • Article
      INTERBANK FOREX RATES
      393 23 Cross rates Apr USS SS MS Dm Yen SFr AS NZS USJ 1.7790 2.7450 1.6650 137.80 0.5604 1.4140 1.2895 1.6906 S$ 0.5621 1.5430 0.9359 0.7746 0.3150 0.7948 0.7248 0.9503 MS 0.3643 64.81 0.6066 0.5020 ***** 0.5151 0.4698 0.6159 Dm 0.6006 1.0685 1.6486 82.76 0.3366 0.8492 0.7745 1.0154
      393 words
    • Article
      MONEY MARKET
      570 23 Interbank rates S$ Bid Offer Overnight 4 1/2 4 5/8 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 t'S$ Jiid Offer 7 days 6 5/16 6 7/16 1 month 6 1/4 6 3/8 2 months 6 1/4 6
      570 words
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  • COMMODITIES
    • Article
      Vietnam aims to maintain rice output
      406 24 VIETNAM intends to maintain its rice exports at a rate of one million tonnes a year over the next five years, despite the Gulf War and higher prices for Soviet fertiliser. the Bangkok Post reported. The Soviet Union used to supply more than 70
      406 words
    • Article
      Lock icon Saudi oil sales to stay at 8m barrels a day
      372 24 UPI SAUDI ARABIA is still set to carry out its projected eight million barrels a day oil sales programme for the month of April, an oil industry newsletter reported on Monday. The Nicosia, Cyprusbased Middle East Economic Survey (MEES) said
      UPI  -  372 words
    • Article
      Gold closes at day's low in dull Hongkong trade
      873 24 REPORTS Hongkong: Gold ended at its day's low in quiet trade yesterday on late selling by overseas producers but was still up from New York's close, dealers said. Bullion ended at U*****.80/358.30 an ounce, against U*****.20/70 at the opening here and
      873 words
  • Article
    PRICES
    1501 24 Rubber Apr 3 IMS (tob in tojg) S cents/kg Nuin Close Int I RSS Prompt 143.75/144 75N I43.2VI44.25N Int I KSS Mav 91 146.75/147 25 146.25/146 75 Int I RSS Jun 148 25/148.75 147.75/148 25 Inl 2 RSS OP 143 50/145 SON I4300/I4500N Int 3 RSS OP *****/141 OON
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  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      458 24 NOTICES THE COMPANIES ACT, CAP. SO MANRONG TRADING PTE LTD (In Liquidation) At a general meeting of MAN HONG TRADING PTE LTD duly convened and held on the 28th day of March, 1991 the following special resolution waj passed: SPECIAL RESOLUTION That the Company be wound up vol untarily pursuant
      458 words
    • Advertisement
      Page 24 Advertisements Column 2
      258 24 KIMTEX PRIVATE LIMITED (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) ot the Companies Act, Cap 50 that the Final Meeting o< Members ot the above narred Company will De held at 6001 Beach Road #18 02 Golden Mile Tower. Singapore 0719 on Saturday 4th May 1991
      258 words
    • Advertisement
      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1033 25 City FMgkt ETA FHgkt ETD Ata OfeaM GA975 1300 GA894 2340 GA887 1225 MlhMi SQ228 1905 QF5 2000 tattordM SQ23 0715 KL838 2115 GA975 1300 GA894 2340 KL837 1415 SQ24 2355 4 BA11 1225 SQ325 2115 B Sari Bmmmm BI421 1105 BI422 1205 ISQ181 1410 BI430
    1,033 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Pampering the big spenders
      638 25  -  POSTCARD FROM LAS VEGAS By John Phillips IF you've got a casino credit line of US$lOO,OOO or more at a Las Vegas casino, they lay on all sorts of treats to make you think you had a great time losing it. They fawn over you in
      638 words
    • Article
      MONEY CHANGER RATES
      153 25 As at 3pm yesterday: I-ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.370 1.390 Canadian dollar I.S20 1.540 NZ dollar 1.057 1.067 Sterling pound 3.1300 3.150 US dollar 1.7720 1.7820 l>ocal dollars to 100 units of foreign currency Austrian schilling 14.80 15.80
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      90 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel April International Utrecht. Koninklijke (31)*****91 April 17th Internaiional Centre I umlacion hi (541)*****25 Packaging Netherlands Sederlandse 5-22 Book Fair Municipal dc l.ibro Exhibition Jaarbeurs Exhibition Exposiciones. \pnl XVIIntcrnational Buenos Chamber of (541)69*994 nos ires 11-26 Furniture Aires
      90 words
  • Page 25 Advertisements
    • Advertisement
      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 Europe from start to Finnish.
      31 words
    • Advertisement
      Page 25 Advertisements Column 2
      50 25 She's got everything at her fingertips roscopes ||3| ports results I |H lassifieds |El[ hare market [ITI ews classes All because she's hooked up to AudioTex, a D state-of-the-art telephone information service for Singaporeans. All in your New Paper today. The latest news and much more.From lunch-time. Monday to Saturday.
      50 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      272 25 1 Run and puff nurse ~Hbh ~HH 6 Hot music grows on one 1 now movement (8) 15 I I f lB I 13 In this context rather more Ml |H M 15 It a way, in trouble JUL— 17 Taking issue about break- down 19 The person showing no
      272 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      209 25 Singapore Outlook: Showers over mam areas in the afternoon. Forecast Maximum temperature 32.6 Assoc humidity 61% Minimum temperature 24.3* C Assoc humidity 94% Hours of sunshine 6.60 Rainfall in mm 0.4 Rainfall this month 24.4 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 20/15 Rain Bangkok 32/23
      209 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      41 25 IfbiAJJaSHMMSI rny V >foO D<RTyIA G»V£. uP rm tanking or 6ecom,NGA 1 T \R* T dp* joQ FNN imfess*ONi<3rr vVe r —Scio\ f U*4o'S -ruvs \T A. jppy, jupy... y —2S^y A| MM&M O® J C EVENING STANOARD CO. LTD.. 1962-IWI
      41 words
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  • Article
    Lock icon South Korean companies tap foreign funds
    380 26 Costs are building up in the domestic market Reuter SOUTH KOREAN companies are heading abroad to raise funds, issuing more overseas equity-related securities ahead of liberalisation of the domestic capital market, company officials say. "It's very encouraging for Korean firms to diversify their financing
    Reuter  -  380 words
  • Article
    Dutch companies keen on infrastructure contracts
    350 26  -  By Schutz Lee VISITING Dutch businessmen have indicated particular interest in bidding for Singapore's infrastructural contracts during their meeting with Prime Minister Goh Chok Tong yesterday. Here as part of the delegation led by Netherlands Prime Minister Ruud Lubbers, they raised several specific questions
    350 words
  • Article, Illustration
    Higher prices raise eyebrows in Moscow
    32 26 Alarmed shoppers in Moscow examine new vegetables prices on Tuesday, following the price rises decreed by the government. Many stores Here found to be poorly stocked.
    32 words
  • Article
    Lock icon KL seeks support to curb rubber output
    188 26 AFP MALAYSIA will seek the support of natural rubber producing countries to restrain production and raise depressed prices at a meeting in Papua New Ciuinea in June. Primary Industries Minister Lim Keng Yaik said yesterday. "At present, demand exceeds supply, yet prices are
    AFP  -  188 words
  • Article, Illustration
    Unexciting prospects for property companies
    716 26  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH IN THE PAST few years, a number of listed property companies have seen their profits boosted by the sale of either entire buildings or large plots of land. They include First Capital Corporation. DBS Land. Malayan
    716 words
  • Article
    Mitterrand urges UN to condemn repression of Kurds
    344 26 FRENCH President Francois Mitterrand called on the United Nations to condemn Baghdad's repression of Kurds and not lift the trade blockade on Iraq. "The embargo against the Iraqi regime must be main- tained as long as repression continues." presidential i spokesman Hubert
    344 words
  • Article
    Lock icon Taiwanese economy looks set to surpass growth target
    385 26 Reuter TAIWAN'S economy is rebounding strongly from its recent slowdown and looks set to surpass the official target for growth this year, says Taiwanese Economics Minister Vincent Siew. "An encouraging and healthy trend is developing. The situation is much better than last
    Reuter  -  385 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      117 26 Nikon The World's Finest Photographic Systems r~K~ n What causes TOTAL QUALITY MANAGEMENT to succeed? Answer: MANAGEMENT COMMITMENT PHILIP CROSBY ASSOCIATES, INC (the World's latest QUALITY MANAGEMENT Consultancy) Presents TOP MANAGEMENT COMMITMENT SEMINAR For Managing Directors and General Managers only In addition to gaining further insight on the necessity of
      117 words
    • Advertisement
      Page 26 Advertisements Column 2
      147 26 Nikon The World's Finest Photographic Systems The writer is a BT correspondent An established private school, located in very central premises, is interested in meeting with potential buyers. The tremendous potential for educational institutions is apparent in Johor Baru. The scope for English Language, computer studies, certificate, diploma, degree and
      147 words
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  • ShippingTimes
    • Article, Illustration
      Asia set to remain major partner of Le Havre
      440 27  -  By Rahita Elias CARGO from the Far East is expected to remain one of the main sources of business for France's largest container port, Le Havre, said its Sin-gapore-based representative. Mr Yann Rivoallan, commercial manager of Far East Consult, told BT
      440 words
    • Article
      Lock icon Kvaerner sells UK yard to firm run by ex-chief
      397 27 Loyd's List LOWER CLYDE shipbuilder Ferguson was sold by Norway's Kvaerner Group to a company headed by Ross Belch, a former chairman of the yard. Ferguson Marine pic, which has raised its capital through the British government's business expansion scheme (BES),
      Loyd's List  -  397 words
    • Article
      Lock icon Mutiny on S Korean trawler
      155 27 AFP SAILORS aboard a South Korean trawler staged a mutiny in the South Pacific, confining their captain to his cabin until the ship reached Tahiti last week, police in Papeete, French Polynesia, said yesterday. Police said a revolt broke out on March 18 aboard the
      AFP  -  155 words
    • Article
      US-backed group cracks NZ phone monopoly
      643 27  -  From Selwyn Parker in Auckland AN AMERICAN-BACKED consortium will take on New Zealand's historic telephone monopoly, Telecom, from this month in a radically deregulated market. The new company. Clear Communications, will compete with a package of discounted toll charges that it promises will undercut
      643 words
    • Article
      Lock icon Price wars hide trouble in US airline industry
      313 27 AFP IJS AIRLINE COMPANIES may be experiencing some turbulence with bankruptcies, takeovers and strikes, but it hasn't prevented them from waging price wars that experts say camouflage the industry's ills. The Gulf War. sharply reducing demand for international llights. came at a
      AFP  -  313 words
    • Article
      Lock icon Honduras denies helping Iraq during Gulf War
      305 27 UPI THE Honduran government on Tuesday denied allegations by the United States Treasury Department that Honduran merehant ships seeretly helped Iraq during the Persian Gulf crisis. Two Honduran holding companies. Pandora Shipping Co and Trading Maritime Investments, were included on a list of
      UPI  -  305 words
    • NEWS SUMMARY
      • Article
        Rough road ahead for European carmakers
        65 27 ONLY the Germans seem to be buying ears these days and eompanies that depend on the rest of Western Europe for most of their car sales face a tough, if not terrible, year ahead. Car sales for 1991 arc expected to fall by between
        65 words
      • Article
        Future of Adsteam group in doubt
        57 27 THE survival of three members of the debt-ridden Adelaide Steamship group is in doubt after huge losses and write-offs announced last week. The group posted a consolidated net loss of A 51.28 billion in the half year to Dec 31. The loss is one
        57 words
      • Article
        Labour dispute likely to hit Vancouver
        29 27 GRAIN HANDLING operations at Vancouver port could be shut down next week as a result of a protracted labour contract dispute. Back Page
        29 words
      • Article
        TWA hires Bankruptcy Code legal experts
        52 27 TRANS World Airlines Inc has hired legal advisers in case the troubled carrier's restructuring attempts fail and it is forced to seek Chapter 11 bankruptcy protection from creditors. TWA has been unsuccessful in negotiating wage and benefit cuts and changes in union work rules
        52 words
    • LOG BOOK
      • Article
        MAS launches second service to Pontianak
        116 28 MALAYSIA Airlines (MAS) yesterday announced its second crvice to Pontianak in West Kalimantan, Indonesia, from kuching every Thursday beginning today. Before the launch >l the second service, the airline flew to Pontianak every vlonday using the Fokker 50 aircraft. Its public relations officer in
        116 words
      • Article
        UPS' 747 jets on Tokyo runs
        75 28 UNITED STATES-BASED United Parcel Services started using on Tuesday 747 jet freighters to serve Japan's heavyweight and small package air cargo needs. The planes 'ccame available recently after the company fulfilled its Civil Reserve Air Fleet (CRAF) commitments to the US Department of Defence.
        75 words
      • Article
        Cypriot bulker in trouble
        102 28 I HE GROUNDED Cypriot bulker Panormos Seaman is being subjected to heavy stress by strong seas and swell off lombay harbour, Lloyd's Shipping Intelligence Service said ni I ondon on Monday. The 19,017-dwt ship ran aground on March 17.while en route for the west coast of
        102 words
      • Article
        Belgian boat finds mine
        66 28 v BELGIAN FISHING BOAT netted an old World War II mine weighing about one tonne off the Belgian port of < )sten on Sunday, the news agency Belga said on Monday. >t said the German-made mine was neutralised at sea by an anti-mine unit of the
        66 words
      • Article
        Dutch ship in NZ for repairs
        51 28 THE DUTCH ro-ro vessel Nedlloyd Rouen is under repair at Bluff Harbour, New Zealand, after a mechanical breakdown, Lloyd's Shipping Intelligence Service said in London on Monday. The 29,098-dwt vessel sailed from Bluff for I imaru on March 28, but broke down soon after
        51 words
      • Article
        Ship aground near Mostaganem
        53 28 I HE CYPRIOT-REGISTERED freighter San Haris is aground and taking in water near Mostaganem, Algeria, aecording to a Lloyd's Shipping Intelligence Service report. The 5,974-dwt vessel discharged its cargo of wheat in bulk at the port on March 22 and was driven ashore in bad weather
        53 words
    • Article
      Lock icon WEEKLY FREIGHTS
      547 28 AFP I.OW LEVELS of demand due to the traditional lull in activity around Easter saw dry cargo rates slide sharply lower over the past week, traders said. Even news that the Soviet Union had moved to pay some of its chartering debts with shipowners failed to lift the
      AFP  -  547 words
    • Article
      DAILY FREIGHTS
      1036 28 \("TIVITY in the post-Faster freight market in Tuesday was slow to emerge with little e\ idence of the anticipated rate revival, brokers said. But although grain and time-charter business was quiet, there were some coal and iertiliser fixings, the latter mostly phosphate fertiliser shipments to the Indian government.
      1,036 words
    • Article, Illustration
      Lock icon Rough road ahead for carmakers
      997 28  -  Only the Germans seem to he buying cars these days and companies that depend on the rest of Western Europe for most of their car sales face a tough, if not terrible, year ahead, reports Steven Prokesch Steven Prokesch NYT EXECUTIVES of Europe's major car
      NYT  -  997 words
    • Article
      COCKETT BUNKER MARKET REPORT
      811 28 THIS twicc weekly report, compiled by Cockett Marine Oil Ltd. J shows price ranges in US dollars instead of" single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change
      811 words
    • Article
      THE SHIPPING GUIDE
      11577 36 1 V This is a list of Ships loading, at Singapore for ports airtuijd the world. It tabulate, tfy destination, the nana of t ha ship, the shipping Jin# OH volved and the estimated*' dates of arrival and departure, from the Port of Sitigfeporffc.'' Advanced dates lished
      11,577 words
    • Article
      SHIPPING AGENTS
      3506 41 A Im.BC C ontainerline NV: Bclsin Shpg Agencies Pte Ltd (Sy Marine Handling Stin Bhd (Pk/PN) \ccord (.roup: Accord Shpg Pte I td (SVAccord Contr I ine (Pk/PN) Vdkris Business C orporation Philippine: alstnirce Shjn; 1 rdg Ite Ltd (S) Ahrenkiel I iner Service: Kim Shpg Irdg(S). \lbatros
      3,506 words
    • Article
      COURIER SERVICES
      250 41 batus CuuritfN Tel 545-8011. Fa*: *****98 Air Express lr»»d Tel: 533-5771. Fax: *****44 \irburne Freight Corporation Tel: 542-8844 Fax: *****16, *****80 Airswift Worldwide C ourier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster I ink Supplies
      250 words
    • Article
      AIR FORWARDERS
      1496 41 Abex Fxpress Kreight Tel: 542-7171. Fax *****84 Actinic l-orwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink' Freight International Tel: 545-8033. Fax: *****05. \erospeed Tel 542-5911. Fax: *****18 Air Cargo Novo Fxpress Tel 542-5454. Fax: *****06 Air Fxpress International Tel: 542-7666 Fax: *****74, *****50. Air
      1,496 words
    • Article
      PORT CONDITIONS
      2989 42 ARGENTINA Villa Constitucion: Two vessels in port of which I loading steel products, I discharging iron ore; no vessels in roads. San Nicolas: One vessel loading steel products, 1 vessel in roads waiting to discharge iron ore; several vessels due to discharge/load various commodities. Neeochea: Three vessels in
      2,989 words
    • Article
      AIR FREIGHT SCHEDULE
      456 42 ARRIVALS DEPARTURES Op Might I \pr ITA T From Op Flight Type KTD T To TODAY TODAY KAL KE697 B747F 0220 I SEL KAL KE697 B747F 0450 I BKK NCA KZ203 B747F 2005 I NRT SIA SQ/ B747F 0540 2 BOM/LON KAL KE685 A30F 2345 I SEL/MNL
      456 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      383 42 SHIP SALES TANKER RATES Reuter AFP THREE Soviet newbuilding tankers were reported sold en-bloc to undisclosed interests for around USS22 million each. The vessels are the Victor, Nero and Sonja each about 29.900 dwl and for deliver) 1992, 1991 and 1991 respectively. VESSELS SOLD FOR FURTHER TRADING Bulk carriers kamenari:
      Reuter; AFP  -  383 words
    • Article
      CRUISE & FERRY SCHEDULES
      336 42 CRUISE FERRY SCHEDULES ——m i \\rn\mmmmmmmmtmmmmmmmmmmmmi m i— an m m ■nwwwmgiwn'wwrrB■mTTwiMwimwninnnr-n-n CRUISE SHIPS An- Pep Name of Vessel ETA ETP Porte of Calb Pott Aget APRIL 05 05 Ocean Pearl 0700 1300 Cruisc-To-Nowhere Reefer Lines 06 06 Royal Viking Sea 0800 2359 Sin-Bangkok-Sin Barwil Agencies 07 07 Cora Princess
      336 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        775 43 toMl fey No Btrtfi Amvji Departue VessH No Berth Arrival Departue K«ppd Wharves Wwn 2 20b 91 M4H 04 04 0830 04 04 1800 Cora Pcess 01/ (P) K29 alongside 0304 1800 lady Annj 9103 V4A 04 04 1230 04 04 030 Gn At Cebeso 1/91 K33
        775 words
      • Article
        CONTAINER SCHEDULE
        1360 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boohing/Balance RsJts Voy No Etb/Btr Period From To From Achtergracht AG11S 06/1700 1 03/1500 03/1659 03/1900 3 04/0700 04 1159 04/1400 4 04/1200 04 1459 04/1/00 ACX Lity 8A 05/2300 2 03/1700 04 0659 04/0900 4 04/1200 *****9 04/1700
        1,360 words
      • Article
        IN MALAYSIAN PORTS
        246 43 Pen.ing Port Berth in Butterworth on April 4: 1 Trade Friend. 2 Sn Afha, Toledo 3: Kay Wat. Sabana Satu. 4: ml; 5 ml: 6: ml J Penang Wharf NB ml; CB ml. SB nil BCT: Bl Yang Cheng Hu; Bll: Juno: I, B Mizar VOTP: Shoko
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      New York-New Jersey port adopts US$2.7b budget
      436 44 IN A significant move following a heated public debate, the New York and New Jersey Port Authority has adopted a new US$2.7-bil-lion (Ss4.B million) budget for this year which includes USssB4o million targetted at capital investment in authority facilities. According to a Lloyd's
      436 words
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      Lock icon Labour dispute likely to hit Vancouver's grain operations
      200 44 Reuter GRAIN HANDLING operations at the port of Vancouver could be shut down as early as next week as a result of a protracted labour contract dispute, said a union spokesman. Local Grainworkers Union business agent Henry Kancs said a Canadian government
      Reuter  -  200 words
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      Lock icon Members of Adsteam group could go under
      591 44 Reuter THE survival of three members of the debt-ridden Adelaide Steamship group is in doubt after huge losses and write-offs announced last week, analysts said in Sydney yesterday. The share prices of Adelaide Steamship Co Ltd. David Jones Ltd and Tooth and Co
      Reuter  -  591 words
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      Lock icon Shareholders celebrate plan that revived Lockheed
      463 44 AP LOCKHEED CORP shareholders wore "Promises Made. Promises Kept buttons on Tuesday during the company's annual meeting. celebrating a corporate plan that revived profits, boosted dividends and ended a proxy battle with a Dallas billionaire. The meeting capped a decisive year lor Lockheed chairman
      AP  -  463 words
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      Lock icon TWA hires Bankruptcy Code legal experts
      433 44 AP TRANS WORLD Airlines Inc said on Tuesday that it has hired legal advisers in case the troubled carrier's restructuring attempts fail and it is forced to seek Chapter 11 bankruptcy protection from creditors. TWA disclosed it has been unsuccessful in negotiating wage and
      AP  -  433 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      118 27 B SWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, SPORE 2263 FAX 861 -2946 TEL: 861 -5855 (5 LINES) TLX: RS ***** SHMCPL Sole Agent CIFA ■hyafl^ ~A. 111 7 r-^ v- sir 0 a;- .-'< v li v.v v v i* >•' .-1 k V V
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      Page 27 Advertisements Column 2
      55 27 Air Forwarders 15 A*f freight Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Darfy Fretfits 2 Indei to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shosales Tanker Rates 16 St*ps in Port 17 Singapore Tides 17 Weather and Sea
      55 words
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      2449 29 ~~JAROINE SHIPPING AGENCIES milM m& l" Cantonment Wo.nl #1? 05 Southpomt. Smitjuure 0208 \MlV#r mix no IVCBTiW lERMINAL IFS Tel 3AJ0?18 220 bookings m *****34 m m. PESAKA JARDINE SHIPPING AGENCIES SON eORT khang tei ttwis telex no ma394//ma)9/oi SSZS PENANG lEI *****4 TEIEX NO MA4OO/I CfS TEI Mm I
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      Page 29 Advertisements Column 2
      976 29 MDEX TO ADVERTISERS t'liic Col I'am' Col zz: i r m i ABC Containerline 12 I Mac-Nds Agencies 14 1/2 Accord Ciroup X 1-3 Mac-Pat Freight IK 1/2 Alhatrw Sea-Air 14 3 Macoline 14/5 Allied-l ink 16 4/5 M aC rvk l ine 3 4/5 3 •MISC 14 1-3 i
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      Page 29 Advertisements Column 3
      2232 29 ■BBMB NEXT VESSEL TO U.S.A. MAGLEBY MAERSK V 9104 ETA 9/4/91 Vessel Voy TTa I fcID "Poft I'enang I DESTINATIONS KeSang j in.t M.imj, «.•<■•.• <<104 44 .MC hps »co HBHHiHHHIBHiHIiHIi^pi CfS M lauro I OAK IGB HO.l MtM AIL MtA CMS jBAI "ML NYC MON TOW MAGI I-BY MAfRSK
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      Page 30 Advertisements Column 1
      1400 30 HOTTE DAM VOY NO SPORf SOUTHAMPTON HAMOIinO ANTWJHf if MAVHt BBBM EL BF 04/113 4~4 25/4 23/4 ??/4 ITIMI^ BHtWt Nt XPHESS It.'tt) 9 4 23/4 2h i 1/5 1 9 LONDON EXPRESS 01/114 t2/4 3/5 15 30/5 I. All WESTBOUND P KITANO 07/314 16/4 3/5 5/5 &<5 KELANG A
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      Page 30 Advertisements Column 2
      627 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2003E In Pi 16/4 19/4 24/4 I J BONTANG 2103E 23/4 10/5 13/5 18/5 ALSO ACCEPTING CARGO VIA SUVA TO IAUTOKA PAGO PAGO APIA NUKUAI OAF A DIRECT CHILE SERVICE SIN IQO ANF VAP CALI AO SAN (PERU) ANTONIO SEASPAC
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      Page 30 Advertisements Column 3
      1607 30 &xant REGULAR INDEPENDENT FULL CONTAINER SERVICE WE§T66UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NOR ASIA SHARJAH 9105 3 10/04 28/04 29/04 03/05 04/05 05/05 06/05 07*05 08 05 NORASIA MUBARAK 9106 3 15/04 05/05 06/05 09/05 10/05 11/05
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      Page 31 Advertisements Column 1
      2164 31 SjjgSteamers Maritime Holdings Ltd P&O HTM STRAITS SHIPPING #4* llala.ia!■ jhwin w mn» twi iHHyMr Containers Miv Voy No *Pw piil S'pwe Ai* Sou A"t •ftit ACCEPTS DUE SAILS LEXA MAOISM 4106 3U.U3 0104 0404 1804 2104 22 04 ..>4 04 CARGO PENINSULAR BA* 0410 <00) 01 04 oho 4
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      Page 31 Advertisements Column 2
      2207 31 TO- USA/PANAMA PM U S A /PANAMA rp OAK LCB CRI FOB SAV NOR NYC NVC NOR SAV CRi LGB OAK SP [UROPfAN SINATOR If 111 i« Irt W U/S M* I** *W "9* G^ N T 4 J J 4 (HO*Af»G GlO«V fF 114 DM 1(4 Wft IM W
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      Page 31 Advertisements Column 3
      387 31 ImJ/MimidmumUtomUL I STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR YOKOHAMA NAGOYA AND OSAKA M.V. COSMIC CHALLENGER V 6 ETA SPORE 15/4/91 ETA PK 18/4/91 ETA OSAKA 29/4/91 ETA NAGOYA 1/5/91 ETA YOKOHAMA 4/5/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime
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      774 32 mn CR NBR 1162/*****0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY S PORE RDAM ADAM H BURG BREMEN ANTWERP K^V 1 8 114 U s 195 urAl^B I.S 4,6 96 14,6 17 6 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject lo Inducement Also accepting cargo to Casablanca Port
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      Page 32 Advertisements Column 2
      849 32 W 'A W ii.l HANJIN SHIPPING |EI!EESBGE2!HMSM*i flfOlß VSL SIN LINE HAUL LAX OA* S pofe LEH HIM ANR HAM BRV EEL hANIIN CMUNCHU 0/tt 10 1 DIRECT 791 2 5 HANJIN HAMBURG 0)1* -4 1 I It II M HANIIN LONOB AIH 0131 lb 4 OIRICT Hi 9•> HANJIN
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      Page 32 Advertisements Column 3
      49 32 ImnnM SCAN LLOYD SHIPPING PTE LTD. MVr-/# BLK 118 ALJUNIED AVE 2 #06-106 M/J[ jM SINGAPORE 1438 TEL *****22 WEEKLY SERVICES THURS) ALSO REGULAR SERVICES TO DUMAI PEKANBARU SPECIALISE IN PROJECT CARGOES EOR ALL INDONESIAN PORTS ALSO SPECIALISING IN WAREHOUSING AND STORAGE SPACING FOR ENQUIRIES/BOOKINGS CONTACT MISS YVONNE CHUNG
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      Page 32 Advertisements Column 4
      1570 32 PHI SCP HKG KSC tut PUS MKT OSK Nt* SM2 TYO LA* CMS BAI KYC IMV ANW RDM IMP MBC PSO CUB PKL SGtfjfl I GRAND Rt ttji il In Pt S4 10 1 1/1 lb 4 1/4 19 4 20 4 21 4 22 4 3 b lb b
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      Page 33 Advertisements Column 1
      2087 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS' UK/EUROPE SERVICE *****19 USA SERVICE- *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE -*****4® TERMINAL OFFICE-*****22 DOCUMENTATION DEPT *****44/*****14 CFS: K27 IMPORT: CFS: K27 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Ketana-(03) *****87, Pen«no-I04) *****0, J.Bahru-(07) *****3, *****4 PTIINTI
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      Page 33 Advertisements Column 2
      1090 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 VESSELS VOYAGE |SPOBf |M»miA MKONC VOYAGE SPORE PKIANC HBURG BHAVEN TILBURY ROTT ANTWERP
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      Page 34 Advertisements Column 1
      1654 34 8.. v y~ mam mrnm mm AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No 124U*****0M) W W TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 m I W MALAYSIA 'K" LINE MARITIME (MALAYSIA) SDN BHO JKL A TEL PJ 75M722 PK PENANG62BS7SJB *****1 ■HUBS KAWASAKI KISEN KAISHA ITT). INDONESIA P T SAHANA
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      Page 34 Advertisements Column 2
      1159 34 PHIII-OM€NT LIN€S PT€ LTD I 106 ROBINSON ROAD *07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHILI l-AX *****76/*****38 BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 8 APR MONTREAL, OTTAWA, TORONTO, I 19 APR DUBAI,
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      Page 35 Advertisements Column 1
      1556 35 g5555 PACIFIC INTERNATIONAL LINES (PTE) LTD 'g" 'gg mmMR P,L Building. 140 Cecil Street *03-00. Singapore 0106. I I BANGKOK Z JI I" VESSEL VOY SIN BKK SIN VOY SIN JKT SIN KOTA BINTANG 9108 5/4 8/4 12/4 5/4 5/4 11/4 INGENUITY 127N 6/4 9/4 13/4 KUHAKO 55N 6/4 8/4
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      Page 35 Advertisements Column 2
      1341 35 fBEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLANO UK GERMANY/SCAN SWEOEN Arosia f 098 9/4 26/4 27/4 29/4 30/4 Nedlloyrt Tokyo' 0% 11/4
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      Page 35 Advertisements Column 3
      488 35 •Mgft MYANMA HVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg PAGAN VI6BW In Pt MYOMAYWA VI34W 5/1 Apr In Pt AVA VIO7W 9,11 Apr 13/15 Apr HPA AN VI62W 16 23 Apr ■aiMHE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER
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      Page 38 Advertisements Column 1
      685 38 TO"AUSTR ALIA/NEW ZEALAND VU En If rem llteib |s,d |A«k~ NP£ Ip CMAIM MARTHA II M vii 4/5 ii» 14/5 m 71/5 73/5 ELLEN HUDIG m U/5 W/5 jib »5 5* brussil m i/js lit %i Jit ii 6 TftT C VtROLIK 111 lftS 1/S Vli hi V TO USA/CANADA
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      Page 38 Advertisements Column 2
      1204 38 EXPORTS TO HONGKONG. TAIWAN JAPAN TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE [OUTBOUND VOY PKI PNG IKT SIN HKG KAO KEf TYO SM2 NGO KOB [VESSEL VOY SIN |PKL PNG BLW SIN ~ACX~DAISY 11 6 4 '30 3 ~14 121 1(4 17 4 U4~~| ACX DAISY fi S4 64 ACX LILY
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      Page 38 Advertisements Column 3
      192 38 ifiaMMßll'fgfriVi'WfTlTffl- flMffil rITrHH P.T. UNITED SHIPPING* ORGANISATION LTD OINt-CT WKWJIAH St-'IIVICfS JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA SURABAYA Accept cargoe* to all other IMmmlm porta -jf with traaahlpaeat at Jakarta or Sarahajra. DESTINATION ETA ETD VSI a JAKARTA 6/4 7/4 P SUMATERA 9,4 10/4 P JAWA W 19 4
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      Page 38 Advertisements Column 4
      1424 38 3* CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE "J; gS."!! MISTRI ROAD HMC BUILDINC rfit HU*I #l £".l« SI ?l£52!!4«2? 7 CffiLE COSTARLINE CR NO: 11/8/*****0 M General Agents: OOSTAR SHIPPING na LTD TO HONGKONG AND CHMA FROM HONQ KONQ AH) CHMA VESSEL VOY SCP HKG SHA XIN HPU
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      Page 39 Advertisements Column 1
      917 39 tan* PKL PNC P C. Loadinf for A VESSEL 71/03 Rotterdam/ Antwerp p»y. contain** bkbvick taul SfiP PKL BKK HKG QIN SHA YAMCFAMGKOU IV IS* <B* 07W 1204 ItW YANOFANCKOU Ml B« M 5 OM4 IMb l» AM* ILlipO I OlllOr CtMMM porn «0 HKG a—irnAUAW mi MIMIAM ruix cowTAom
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      Page 39 Advertisements Column 2
      256 39 ZSniLO MARINE A6ENCIES (S) PTE LTD S TEL: *****33 (12 Lln*«) rn FAX: *****15/*****03 [fMj TELEX: RS ***** RISHIP (3 L(ims) m\ ETHIOPIAN SHIPPING UNES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL /ESSE I IVOY ETA LOADING FOR SPORE fcBBAY WONZ ?BWB IVOS DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
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      Page 39 Advertisements Column 3
      644 39 M Rfiws2TnsSu ft Ti PUL INTERNATIONAL LINE FULLY jlfrfTAIRtRISfl) REGIONAL FEE PCX SERVICE TwicmiHiay/wiiKiY fixed day schedule trnMBTW MATS OTTPOAE. INDONESIA. MALAYSIA ft TMitjlflp ALSO ACCEFTrW ICL CARGO TO ALL DESTINATIONS WE SERVE FM BOOKINGS CALL SPECARGO FORWAWNC AT TEL: *****55 •INOAPOAI INDONESIA SERVICE VSL VOY SIN JKT PAJ PAL
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      Page 39 Advertisements Column 4
      797 39 SYDNEY/MELBOURNE BANGKOK Ivtmi |vot »pQ«t sto it I mm Ivor ammn mmw PIANtTA 0447 05-QM U-20/4 22 24/4 iCNLINK WW In Pt 4N «/4 PITA BHUM 0503 14 15/4 27 -21/4 OUB/S NANTA HUM BN In Pt 4/4 iw «/4 [ptANtTA ]()MI 06 00/5 20 22/5 24 26/5 WANA BHUM#*
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      1305 40 MAC-NELS SINGAPORE export tel *****22 import tel *****02 I ■LAkH PENANG TEL (04) 634b36 KK ffc L (008) 24??b0 lAWAU ft I (OH 1 //Bb/9 I TTIP KELANG 11L (03) *****77 KUCHING rEI (082) *****3 SKAN TEI (089) *****2 I l\"~/ J BAHHU TEL (0/) *****2 SIL3LJ fLL (081)3188?? SARIKEI
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      Page 40 Advertisements Column 2
      413 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI "ktiTly containkhiskFTmonthly sailings niSCHARC.INd AT NKW PLYMOUTH PORT CIIALMKits AfC KPTIN<; FCl.ft Ml. FOR AK KI.ANIt. NAPIKR. WKI.I.IMITON. BI.UKK. lIKIS K Hl'K( 11. OUNKDIN. I.YTTKI.TON. INVKRt ARGII.. FIJI ANI) TAHITI SIN N PLY AUCK LYT PREMIER US 8 Apr IS
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      789 40 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fa* No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) WEST MALAYSIA SINGAPORE TO SABAH VESSEL VtT IT* KIT VESSEL VBT ETA DEST KIM SOON LI 12/91E 06 APR PENANG EQUATOR JOY
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      Page 40 Advertisements Column 4
      326 40 OUR NEW CONSOL TO KOPER (YUGOSLAVIA) RELIABLE SERVICE AT COMPETITIVE RATES!!! ALSO CONSOLS TO: BANGKOK CALCUTTA WEEKLY EUROPEAN PORTS > SERVICE HONG KONG (AND CHINA) JAKARTA AUCKLAND COLOMBO (AND INDIAN 3 SUB-CONTINENT) SAILINGS DUBAI (AND MIDDLE f per MONTH EASTERN PORTS) PORT LOUIS AND DURBAN./ call FRATA SHIPPING at *****04
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      Page 43 Advertisements Column 1
      103 43 w II could be a controversial deal between two slock market stars, a thought-provoking report by university researchers on the latest trans-European merger. f FOCUS zooms in on the news and issues of the day and u ,(X>ks at lhcm mor t,Cr>lh and rcat,lh yj/ FOCUS is the news feature
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      337 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 J« 2.6 2.9 29 2 7 2.2 16 1.1 0 7 05 0 4 06 10 16
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      Page 44 Advertisements Column 1
      391 44 Every Saturday in Business Times T FORSALE WORLD TRADE CENTRE CORPORAIT. LINE MEMBERSHIP WITH 2 NOMINEES CONTECT MS NELLIE *****19 MERCHANT MARINE CO. LTDEASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIM LALANOIA 39E siT ~IM
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      Page 44 Advertisements Column 2
      606 44 CHARTPOINT Every Saturday in Business Times Feed*' from Voy PNC PKL Mather Vnwt Voy SIN LAX OAK HOU OAL Cm NOR MEM NYC OUR USA I AM BHOM V 47*N 5.4 ALLIGATOR HOPE V ***** 4 IJJT «7" 1t)T~ 30 4 1/5 15 15 ~TT SERVICE CALLS I AM BKUM
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