The Business Times, 16 April 1991

Microfilm: NL17476
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, April 16, 1991 75*
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  • NEWS SUMMARY
    • Article
      Israeli and Soviet prime ministers to hold talks
      62 1 THE prime ministers of Israel and the Soviet Union will meet for the first time in London today. Israeli officials yesterday said Israel's Yitzhak Shamir and Soviet counterpart Valentin Pavlov would meet at the Soviet Embassy to discuss a wide range of
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    • Article
      No preconditions for ties, Hanoi tells US
      58 1 VIETNAM yesterday said the US was wrong to make peace in Cambodia a precondition of normalising relations with Hanoi. It was the first official Vietnamese reaction since US Assistant Secretary of State Richard Solomon outlined a four-phase plan for normalising relations to Vietnam's
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    • Article
      OHQ status for NEC
      28 1 NEC Corporation of Japan yesterday won operational headquarters status and plans to double its investments in the local semiconductor business by 1995 Page 2
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    • Article
      Siemens to upgrade
      23 1 SIEMENS Components is planning to spend at least $15 million to upgrade its existing facility at Aver Rajah. Page 2
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    • Article
      Hopes pinned on visit
      26 1 SOVIET President Mikhail Gorbachev's visit to Japan is likely to settle the knotty border dispute that has strained bilateral relations Page 6
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    • Article
      KL to set its own pace
      27 1 MALAYSIAN Prime Minister Mahathir Mohamad says his country is bound for the economic big leagues, on its own schedule Page 6
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    • Article
      Japanese head for LA
      21 1 LOS ANGELES has overtaken New York as the leading American city for Japanese re-al-estate investment. Page 6
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    • Article
      Coalition period ahead
      32 1 INDIA seems headed for a period of coalition politics, as a divided population is unlikely to post a clear verdict in the country's general election next month Page 7
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    • Article
      Turnaround by Turner
      28 1 ACTRESS Kathleen Turner is set to change the stereotype of a beautiful blonde in distress in her latest role as a private detective Page 9
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    • Article
      Big contract for SIA
      22 1 SINGAPORE AIRLINES has won a major aircraft maintenance and pre-sale modification contract from Qantas. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      39 1 WALL STREET stocks rose in early trading yesterday as participants tried to decipher the Federal Reserve's interest rate intentions. The Dow Jones average of 30 industrials was up 13.37 at 2,934.16 in the first hour of trading.
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    • Article
      Footsie higher
      33 1 SHARES in London were higher at midday yesterday in thin trading. At about 1100 GMT, the Financial TimesStock Exchange 100-Share Index was up 23.3 points, or 0.9 per cent, at 2.549.4.
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    • Article
      DBS explains results
      36 1 DBS group provisions for loan losses and diminution in asset values shot up four times to $78 million in 1990 because of an expansion in its loan portfolio and other assets. Page 3
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    • Article
      GM named for project
      28 1 DBS LAND has appointed general manager Charles Berthoud to oversee the management and administration of the Si3o million Clarke Quay restoration project Page 3
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    • Article
      Windfall for Time
      26 1 TIME ENGINEERING Bhd will reap M 5293.4 million (SSIBB million) from its proposed divestment of shares in United Engineers Malaysia Bhd Page 3
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    • Article
      No formal offers made
      28 1 THE NEW MANAGER of Malaysia's largest general insurance company. Mercantile Insurance, has not received formal offers for the takeover of the company Page 5
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 723.82 +1.51 Kuala Lumpur 580.11 2.83 Tokvo 26.695.53 113.03 Hongkong 3.710.07 -31.93 Sydney 1,462.0 +7.7 Friday Change New fork 2.920.79 15.34 London 2,526.1 -5.5
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI.7550 100 Yen SSI 2986 MS SS0.6410 Money market rates Overnight 4 3/8% -1/2 3-month 4-9/16% -1/8
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS360.60 -USS0.85 Rubber S'pore May Closed'/kg M'sia May Closed'/kg KL Tin Turnover 65 tonne> unch Spot MS 14.68 /kg unch Crude palm oil Turnover 1.017 lots +112 May MS 749 /tonne -7
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  • Article, Illustration
    Two chamber chiefs want SFCCI head to quit
    767 1  -  Ramachandhran accused of breaking 'gentleman's agreement' By Diana Oon THE PRESIDENTS of the Chinese and Malay chambers of commerce and industry called a press conference yesterday to explain their continued resistance to Mr G Ramachandhran as president of the Singapore Federation of
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  • Article
    'Head of SFCCI must be a Singaporean'
    300 1  -  By Lee Han Shih THE PERSON who heads the Singapore Federation of Chambers of Commerce and Industry (SFCCI) must be a Singaporean who is not beholden to any foreign interests, the president of the Chinese chamber said yesterday. This was because the person
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  • Article, Illustration
    PM emphasises importance of Malay/Muslim involvement
    323 1 THE INVOLVEMENT of Malay and Muslim leaders in efforts to help the Malay community move ahead will produce results greater than what the government can achieve alone, said Prime Minister Goh Chok Tong yesterday. In his Hari Raya Aidil Fitri message for 1991. Mr
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  • Article
    M'sian palm oil refiners tie up with Tokyo firms
    414 1  -  By Shoeb Kagda MALAYSIAN palm oil refiners. squeezed by declining margins, are tying up with large Japanese trading houses to process and market highergrade oil palm products. Already three major refiners Felda. Lam Soon Malaysia and Keck Seng have •oined forces
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  • Article
    Lock icon Laws passed to disband Thai state labour unions
    137 1 Reuter THAILAND'S militarydominated legislature approved amendments to labour laws yesterday that effectively disband powerful unions at state enterprises. The sweeping changes refleeted efforts by the military, which seized power in February. to curb unions that have opposed government efforts to privatise public
    Reuter  -  137 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      228 1 i i Aircraft Schedule 19 Money Market 17 World News 6 CommoAties 18 Regional Co News 4 Cryptic Crossword 19 Regional News 6 Editorial 7 Regional Stock Markets 16 For market indices, editorial. Financial News 5 SfS 11,12 advertising and circulation ex Futures Options 17 Share Information 14 tensions, call
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    • Advertisement
      Page 1 Advertisements Column 2
      22 1 TURN to Page 4 for the second Money Coupon that you need to cut out to join the BI $100,000 investment challenge.
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    • Advertisement
      Page 1 Advertisements Column 3
      81 1 I There is no Innovation and Technology Page today (M* %ss« I*** Hj/j Te «14.*4.«» voatfr ilSfcM? T'fo < r"*'rpu*« T* TltlStMO) Pl*/j T#» >MSfcfc) P*U* •e' 4 Tr» 'l)1Ai Tf9iA|J T'*«n< lOwAf* T#« 4.<10M 0 MflUvlU TNI MOLt CLASS 101 j T#t 01 244'M0 Vow Ow *AM U"W T«<
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Kaifu to visit S'pore next month
        66 2 JAPANESE Prime Minister Toshiki Kaifu will visit Singapore on May 2 and 3 as part of his Asean tour. Scheduled to arrive here after visiting Thailand, Mr Kaifu is expected to call on President Wee Kim Wee and meet Prime Minister Goh Chok Tong
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      • Article
        Ministers for Johor reception
        40 2 FOREIGN Affairs Minister Wong Kan Seng and his Minister of State Peter Sung and their spouses will attend a Hari Raya reception hosted by Sultan Iskandar of Johor today at the Istana Bukit Serene, Johor Baru.
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      • Article
        Mendaki, PA in joint projects
        80 2 MENDAKI and the People's Association are embarking on several joint projects. PA will help conduct youth leadership training programmes and organise Outward Bound and seasport activities for Malay youths, and assign selected Malay staff to work on Mendaki-PA co-operative projects. Mendaki on its part will
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      • Article
        Mendaki to meet on April 27
        54 2 MENDAKI will hold its annual general meeting on April 27 at the Wisma Mendaki. An in-house seminar entitled "The Year in Review" will be held after the AGM. On the following day, the association will hold a seminar on Child Family Development at the
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      • Article
        Corrections and clarifications
        69 2 IN BT's weekend edition of April 13-14, it was reported that for UIC, which owns about 73 per cent of Singland, the fall of nearly $400 million in the value of Singland assets translates to a drop of about 39 cents for each of its one billion
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    • Article, Illustration
      NEC gets OHQ status, plans to double investment
      399 2  -  By Claire Leow THE WORLD'S largest semiconductor maker, NEC Corporation of Japan, which yesterday located its operational headquarters (OHQ) here, plans to double its investments in the local semiconductor business by 1995. President Dr Tadahiro Sekimoto said NEC Electronics Singapore which has
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    • Article
      NEC to help train IME staff in R&D
      208 2 NEC CORPORATION will build up its research and development activities in Singapore because it recognises the need to establish regional R&D nodes, says NEC vice-president and director Akira Mivazawa. He told BT that although NEC will keep the heart of its research
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    • Article
      Siemens breaks found for new 100m factory
      325 2  - Siemens breaks f ound for new 100m factory By Michelle Low EVEN as it breaks ground for a new factory complex, German electronics giant Siemens Components is planning to spend another $10 million to upgrade its existing facility in Ayer Rajah. This will bring Siemens Components' total investment here to
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    • Article
      Promotions for forty Admin Service officers
      177 2 FORTY Administrative Service officers, including four permanent secretaries, have been promoted in the latest annual upgrading exercise of the elite arm of the civil service. A joint statement from the Prime Minister's Office and Public Service Commission yesterday named only Moh Siew Meng. permanent
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    • Article
      Hydroponics project by PPD, Sisir
      300 2  -  By Corinne Kerk THE PRIMARY Production Department (PPD) and the Singapore Institute of Standards and Industrial Research (Sisir) vesterdav announced a collaboration to develop an intensive soilless vegetable farming method. This controlled environment hydroponics farming project, which will be the first to be carried out
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      216 2 BANKING, FINANCE AND INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      DBS Bank's profitability up; returns on assets fall
      613 3  -  Bank seeking to broaden its earnings base By Magdalene Ng DBS HANK's group assets, excluding contra items, expanded by $2 billion to reach $33.6 billion as at end-19 l H). But returns on assets (R().\) continued to tall. ROA fell to OSS
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    • Article, Illustration
      Charles Berthoud to run Clarke Quay project
      203 3 DBS LAND has appointed Charles Berthoud to he general manager for its $130 million Clarke Quay restoration projeet. Mr Berthoud will oversee I he management and administration of the project, which will develop a festival marketplace oul of the disused warehouses, said a
      203 words
    • Article
      Jakarta stock market may yet spring to life
      907 3 MARKET TAUT I HE RFGION's laggard stock market could he due for a hoost. suggest analysts. After almost 12 months of d<x>m and gloom economic reports from brok ing houses, it now looks as if fundamentals are changing in the Jakarta stock
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    • Article
      Lock icon Kesang chairman sees better days ahead
      357 3 Bernama M'S i 01 |H»l.llloll Mhd, which r'in'i'ls proceeds ol 1 n I million limil its proposed nghts issue, is well pl.u i d lo impune its pcrloriii.in> i luture. rump executive chairman I.Vfluk ll.in Matshah S.ipuan said In tlu company"s I9 l >o
      Bernama  -  357 words
    • Article
      Lock icon Time to reap M$293m from UEM sale
      404 3 Bernama TIME Engineering Bhd will realise an extraordinary gain of M 5293.4 million from its proposed divestment of shares in United Engineers Malaysia Bhd (UEM) and restricted offer for sale. Its cashflow will also improve considerably with the inflow of about MS 167
      Bernama  -  404 words
    • Article
      Lock icon Perlis Plantations' profit jumps 30pc to M$204m
      210 3 Bernama -I*l RI IS Plantations Berhad yesterday announced that its group pre-tax profit for the soar ended Dec 31. 1990. jumped 30.2 per cent to VIS 204.04 million from $156.67 million the previous year. Ciroup turnover rose 28 per cent to $2.56 billion
      Bernama  -  210 words
    • COMPANY BRIEFS
      • Article
        CPF revises trustee stocks list
        38 3 THE Central Provident Fund Board has revised the list of trustee stocks approved for investment by C'PF members by including General Magnetic I td and excluding R\lT\ Reinsurance I td as of todav.
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      • Article
        Projects will boost Selprop
        75 3 I HF earnings base of Selangor Properties Bhd group will be broadened and the group will be placed on a tinner footing when several of its projects are implemented. Its chairman, lan Sri Dr Wen Tien Kuang. said in the company's 1990 annual report that with
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      • Article
        Audit committee of JC-MPH
        31 3 MR JOHN Michael Parker. Mr Jack Chia and Mr Goh Kee Song have been appointed to the audit committees of Jack Chia-MPH Ltd and HIP Holdings Ltd.
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      • Article
        SEA Venture cuts MHE stake
        44 3 SOUTH EAST Asia Venture Investment Company NY has reduced its share of equitv in Material Handling Engineering by 1.8 per cent to 5.56 per cent through the >ale of 506.000 shares at 97.5 cents per share on April 9.
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      • Article
        Pacific Con appoints directors
        55 3 PACIFIC CAN Investment Holdings l td has appointed Mr Michael A Ox borrow and Mr Kenneth Chew Keng Seng as directors of the company. Mr Chew has also been appointed a member of the audit committee, which also include Mr Pang Hin l.ong. Mr Rohan Kaniis
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      • Article
        F&N names audit committee
        86 3 l-RASER NEAVE Itd and its two subsidiaries have named the members on their audit committees. Mr Petci Yap Ec Kaw, Oato l)r Yahya Ismail and Mr JDH Neill have been appointed to E&N's audit committee. Mr Yap will also act as chairman of Ccntrcpoint Properties' audit
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      336 3 Business Opportunities Abound j r Microelectronics J 23 26 July 1991 Putra World Trade Centre Kuala Lumpur Malaysia I (Held concurrently with Internepcon/Semiconductor International Malaysia '91) The Ist presentation of the latest in electronic If you are an electronics manufacturer, supplier or components, sub-assemblies, parts, tools dies, distributor, Microelectronics Malaysia
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  • REGIONAL/INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        NZ property firm goes down under
        72 4 Uf'NOUl Properties ltd said it will go into liquidation bccause the com puny cannot continue to satisfy its debt obligations. Mr AO l ewis of Coopers anil l.ybrand has been appointed provisional liquidator of the subsidiary companies, it said. Ihe company said earlier this
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      • Article
        Mitsubishi in Indon venture
        75 4 Ml ISI IHISHI Kasei Corp, Japan's biggest chemical company. yesterday said it has set up a joint venture in Indonesia to make terephthalic acid, a raw material lor polyester fibre, with production starting in 1993. I he Mitsubishi unit said the joint venture. I'T Kabrie Kasei
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      • Article
        Toyota may import VW cars
        46 4 TOYOTA Motor Corp said it may start selling Volkswagen ACr (VW) cars in Japan. A Toyota spokesman said the company has been conducting negotiations with VW on sales of imported VWs and Audis, although the talks have vet to be concluded.
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      • Article
        Pact to develop Aussie oil field
        55 4 W(X)DSIDE Petroleum Ltd said the joint venture partners in Western Australia's Cossack oil project have signed an agreement to develop the offshore oil field, with first production due no later than 1993. Woodsidc, which is 40 per cent owned by Royal Dutch/Shell Group, is
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      • Article
        HK's Allied resumes trading
        78 4 HONGKONG'S Allied TW Ltd resumed trading after signing an underwriting agreement for a planned flotation of its steel trading division, Tung Wing Ltd. The investment and property counter was suspended from trading last Friday. Peregrine Securities said it signed an underwriting agreement with Allied to offer
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      • Article
        Fiat suspends rail sale
        114 4 ITALIAN group Fiat has requested the suspension of the planned sale to France's Alcatel-Alsthom Group of the majority of Fiat's railroad activities. An agreement between Fiat and Alcatel, announced last October and which was approved last week by the EC Commission, calls for merging Telettra (Fiat
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      • Article
        Miniature camera for LNG tanks
        95 4 JAPAN'S Mitsubishi Heavy Industries Ltd yesterday said it had developed with Tokyo Electric Power Co Inc a video camera system to monitor the insides of tanks carrying liquid natural gas (LNG). The company said the system was capable of operating at temperatures as low as
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      • Article
        Selangor to get drinks plant
        74 4 JAPAN'S Taisho Pharmaceutical Co Ltd plans to invest 800 million yen in a plant in Malaysia to produce a popular stamina drink known as Ripovitan-D. A company spokesman yesterday said the plant would be located in Selangor and completed next year. The plant will employ
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    • Article, Illustration
      Lock icon PepsiCo to spend US$1.5b on expansion in 1991
      464 4 Three restaurant chains to get the lion's share Reuter FOOD anil beverage conglomerate PepsiCo Inc said on Sunday that it plans to invest US$l.5 billion to expand business in 1991. with the biggest part of spending going to its three restaurant chains.
      Reuter  -  464 words
    • Article
      Nicco to spend $158m on four projects
      391 4 STEEL manufacturing giant the Nicco Group is planning to invest more than 2.3 billion baht (S$ 158 million) in four new projects, the Bangkok Post reported. Group president Siri Watanapa said the group was planning three condominiums on Rama 111 Road, an industrial
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    • Article
      Mixed reception to levy on Jardine unit trust
      220 4 JARDINE Fleming Unit Trust's introduction of a performance levy on its Japanese Warrants Trust has met with a mixed reception, the Sunday Morning Host reported. Unit trusts and mutual funds tend to have an initial charge that is normally around 5 per
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    • Article
      Lock icon Allied and Coal sees lower profit
      191 4 Reuter IAkIOVIK IAIUiI l Coal and Allied Industries said it expected net pro til in (he year to June 10, I9 l )l, would he Ass>.2 million (St7s.h million). the prolil foieeasl compares with a net profit of million for I9ny/ l >o which
      Reuter  -  191 words
    • Article
      Lock icon Active debut for Great Wail Electronic in HK
      243 4 Reuter OR HAT WAII Electronic International I tit. which hepan trading on the Hongkong stock exchange yesterday, surged to the ton of the most actively traded list soon after the opening. Strong buying sent shares, which were offered at HKSI.O.I (550.21) each,
      Reuter  -  243 words
    • Article
      HK acts to curb back-door delisting
      411 4 A LOOPHOLE allowing companies to arrange "backdoor privatisations" on the Hongkong Stock Exchange is being closed by regulatory authorities, the Sunday Morning Post reported. Controversy reigned last year when Video Technology Group announced it intended to delist from the local exchange in favour of
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    • Article, Illustration
      Cavendish privatisation by Hutchison uncertain now
      416 4 CAVENDISH chairman Simon Murray has virtually ruled out the possibility that Hutchison Whampoa will again try to privatise its subsidiary, the Sunday Morning I'osi said. "I won't say 'ever', but it is just not being considered I hat is about as near to 'ever'
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      35 4 1991 issue of Business I mu-v you will fiinl a actual market movements. The who This H a great challenge for those of our j w wS^Sfd' |$20,00QJ B I Investment Race Contest #1 (April
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  • FINANCIAL NEWS
    • Article
      No takeover offers yet for Mercantile Insurance
      500 5  -  New managers sorting out insurer s accounts From James Shyong in KUALA LUMPUR SAM AD and Company, the new managers of Malaysia's largest general insurance company, Mercantile Insurance Sdn Bhd, has yet to recede formal otTers to acquire the company's equity, sources said.
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    • Article
      Lock icon Taipei keeping its hands off foreign exchange market
      457 5 Reuter TAIWAN'S central bank, which allowed dramatic swings in the Taiwan dollarUS dollar rate last week, appears to be loosening its grip on the island's foreign exchange market, dealers said. In the past, the central bank has intervened heavily to block or
      Reuter  -  457 words
    • Article
      Thai bankers propose move to develop system
      292 5 THE Thai Bankers Association (TBA) has formally proposed to the Bank of Thailand and the Finance Ministry various measures to help develop the banking system, the Bangkok Post reported. A banking source said the measures were divided into two major areas, legal and
      292 words
    • Article, Illustration
      SGA finalises bank venture in Shanghai
      393 5 FRENCH-BASED Societe Gcnerale Asia (SGA) has finalised its plan to establish a merchant bank in Shanghai in June with the People's Construction Bank of China and Shanghai Investment and Trust Co, the Sunday Morning Post reported. The project will set the stage for other
      393 words
    • Article
      Bonds for port/airport project in HK out this year
      528 5 HONGKONG government bonds designed to finance the colony's Port and Airport Development Strategy (PADS) should he in place this year, regardless of the attitude of Beijing to the project, according to local hankers. The Sunday Morning Post reported that whether PADS
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    • SMALLCHANGE
      • Article
        Security Pac's Aussie unit posts loss
        100 5 MERCHANT BANK Security Pacific Australia, a unit of Security Pacific Corp, joined the growing list of loss-making foreign-owned banks in Australia after reporting a net loss of A 5259 million (***** million) in the year ended Dec 31. "The impact on its parent company,
        100 words
      • Article
        Westpac reopens Seoul branch
        81 5 WESTPAC Banking Corp is reopening its Seoul branch otTicc which was closed earlier this year because of a labour dispute. "The union members have said that they will start working tomorrow," a bank official in Seoul said yesterday. The bank said it would release further details
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      • Article
        Chyron strikes deal
        75 5 CHYRON CORP of the US announced last Sunday that Carlton Communications of London has agreed to buy virtually all its operating assets subject to the approval of the bankruptcy court in Chyron's pending Chapter 11 case. Under the terms of the agreement, the new Carlton subsidiary would
        75 words
      • Article
        DFC makes major repayment
        106 5 DFC NEW ZEALAND, which collapsed in October 1989 with debts of about NZ$2.2 billion (552.3 billion), has made its first major creditor payment of NZ$6OO million, statutory manager Sandy Mai.er said in Wellington yesterday. This payment leaves DFC with 300 current creditors compared with 3,300 when
        106 words
      • Article
        Credit boost for Brazil
        119 5 AN ACCORD reached with commercial banks over payment of debt-interest arrears has led to an increase in the amount of short-term credit offered to Brazil. "The news we have is that the offer of money from short-term credit lines greatly increased after the accord," the country's
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  • Page 5 Advertisements
  • Page 5 Miscellaneous
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        China wants diplomatic ties with Brunei
        105 6 I UNA wants to establish diplomatic relations with Hi unci. Hcijiug wanted diplomatic tics "tin the basis ot the live principles of peaceful coexistence and the principles of the United Nations Charter". Xu Dutwin. the visiting Assistant Minister at the hincsc foreign Ministry, was
        105 words
      • Article
        Foreigners keen on S Africa
        83 6 MORI r I MAN MX) South African companies have hern dumped by their overseas partners in the past six scats, but lorcignct* continue to invest, with US. Ilrittsh and Uctman companies the biggest players, according to a UN report released last week. The study. which
        83 words
      • Article
        Tories lead in opinion polls
        128 6 lIUIIISII PRIMP MINIS!I K John Major's Conseivative Party h:im regained the lead in surveys ovet the opposition I abour party hut is more divided than at any time in remit years, opinion p»»IU showed yeslctdny. A survey «>l opinion l>olh in Ihe linics showed that
        128 words
      • Article
        Aussie consumer confidence up
        112 6 AUSIKAIIAN consume! confidence lIHC 111 April lull tin-; improvement is unlikely to translate mh» itici eased s|»ctHhng. the VVntpae Melbourne Institute Inde* «»l Cousumel Senti ment shows I lie indes. released last Sunday, msc seasonal lv adjusted H |nuu(s to 71 H in Apiil alb a
        112 words
      • Article
        Shoe workers go on rampage
        94 6 Allot 11' 2.8(10 women workers at a Koiean joinlvculiuc shoe firm in Jakarta have wrecked I act or v ollices m angct at p«M»r pay and conditions the riot last Satmday began when wotkeis at I* I Spartan Indah Shoes Mattulaetiuer loiind then annual holiday
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      • Article
        Soviet team to meet Pakistanis
        60 6 MOSCOW is sending a high-powered delegation to Islamabad for talks on Alglunistan amid a Hurry ol diplomatic activity to resolve the 12-year-old war. A senior Pakistani Foreign Office official in Islamabad said last Sunday that the talks, proposed by Moscow, were expected laler this month.
        60 words
    • Article
      Japanese property investors swarm to LA
      550 6  -  From Christopher Reed in LOS ANGELES LOS ANGELES has now surpassed New York as the leading American city for Japanese real-estate investment. Investments in New York plunged by a massive 82 per cent, according to the Kenneth Lcvcnthal accounting firm, while purchases in the
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    • Article, Illustration
      Lock icon Dream of European bank finally comes true
      692 6 AP LOR 18 MONTHS. Jacques Attali has pursued a dream: a new international body to finance Eastern Europe's painful transformation from socialism to democratic market economics. Yesterday, his proposed pan-European bank becomes a reality. All he has to do now is make it
      AP  -  692 words
    • Article, Illustration
      Gorbachev visit expected to defuse islands row
      686 6  -  kk >|)ioad speculation over territorial dispute I lOUI Koichi Ishiyama in lOHYO SI V 11 I l'i «i f« lit MiMi.nl < li»i Itiii he* ,>i i n .il 111 i > tllll;l\ li II .1 II 111 l di|* V illuik iii|i
      686 words
    • Article
      Lock icon India in talks for fresh loans
      164 6 Reuter INDIA is negotiating for US$3 billion (SSSJ billion) to US$4 billion in fresh loans from the World Bank and the IMF to see it through a serious fiscal crisis. "We have not talked to anybody about rescheduling. We are not even contemplating it,"
      Reuter  -  164 words
    • Article, Illustration
      Lock icon Malaysia to grow at own pace: Mahathir
      601 6 AP IT ANNOYS M iila> m;hi Prime Minister Mahatlni Mohamad when outsideis call hit hoomma country "newly industrialised" lie says Malaysia is bound tor the economic hip. leagues. on its own schedule "Wc want to move loiward. but we do not just w»nt
      AP  -  601 words
    • Article
      Lock icon Trengganu offering discounts for industrial land
      314 6 MBT THE TRENGGANI' state government is offering discounts of between 3< 1 and 50 per cent on its industrial land to both local and forcien mvestors this year. The move was part ot its continued efforts to ittract both local and foreign investors to
      MBT  -  314 words
    • Article
      Lock icon Unprecedented price cuts, lay-offs by NZ firms: survey
      297 6 Reuter TIMES are so tough for New Zealand companies that they are cutting prices and laying off staff like never before, according to an economic survey. "Most businesses we surveyed say the situation continues to deteriorate," said private forecaster NZ Institute of
      Reuter  -  297 words
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  • Article
    Partners in open trade
    458 7 EDITORIAL A DISPUTE between friends is best resolved amieably. But the disagreement over what are fair trade practiees between the governments of the United States and Singapore threatens to do preeisely the opposite. The Singapore government has taken objection to the fact that the US administration's
    458 words
  • WHAT THE OTHERS SAY
    • Article
      All are winners
      215 7 THE internationalisation of securities trading is an established trend difficult to reverse. Nowadays, more shares of Deutsche Bank are traded in the London market than in Frankfurt, and the market for Japanese stock warrants is far bigger in Britain than in Tokyo. In the face of such
      215 words
    • Article
      Beyond patronage
      129 7 TEN Singapore artists will take part in the international New York Art Expo later this month. Such exposure is important and, of late, some of our artists have made it abroad. With a limited home market, Singapore artists will have to be more global in outlook. To achieve
      129 words
    • Article
      Political renewal
      132 7 FOURTEEN years ago. Prime Minister Goh Chok Tong entered politics after a difficult decision. This is both a strength and a weakness in our political system. If capable Singaporeans do not want to serve in Parliament and the Cabinet, the quality of Singapore's political leadership will suffer. The
      132 words
  • REGIONAL VIEWPOINTS
    • Article
      Nurturing seeds of growth
      191 7 GROWTH is magical. Without it forget about the twin New Economic Policy aims of restructuring society to eliminate identification of race with occupation and the eradication of poverty irrespective of race. For it is an accepted tenet of the NEP that redistribution comes out of the
      191 words
    • Article
      Help the needy first
      158 7 UNDER the draft law to he discussed on Monday, the state enterprise employees arc not to he treated like workers in the private sector, but like officials in government agencies. The income and welfare benefits of state enterprise employees are certainly comparable to those of government
      158 words
    • Article
      Value-added idea
      156 7 THERE has been growing support for the view that tax incentives are not really needed to continue to draw foreign investment. Proponents of this idea have been pointing to Indonesia, where foreign investment flows in despite the withdrawal of such incentives. The increase in investment was actually due
      156 words
  • Article, Illustration
    A country crippled by its own squabbles
    1215 7  -  India is in a state of limbo, both unwilling and unable to undo its bloated state machinery, plagued by bad management and a severe economic crisis. Will a party emerge after the coming May elections to bring salvation to the country? Salil Tripathi
    1,215 words
  • Article
    Lock icon UN Charter permits intervention in Iraq
    741 7  -  Melvin Fagen highlights the plight of the refugees from Iraq and says that the UN Charter allows for enforcement measures in such situations Melvin Fagen The writer is a former director of the I TV Economic Commission for Europe IHT INTERNATIONAL action to assist
    IHT  -  741 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      65 7 DOONESBURY BY GARRY TRUDEAU UHfiT'S UP l!f LAST NIGHT, I DID SOMETHING IT DIDN'T REALLY MEAN ANY 9AM* YOU OH SID... I'VE NZVBfi.DONE BEFORE, SOME- THING, BUT I KNOW HOOU HURT NO! I DIP I ICOKPRE-- I FEEL i|! THING I PtPNr EVEN KNOW I AND THREATENED BP IS GONG
      65 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      207 8 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      207 words
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      Page 8 Advertisements Column 2
      296 8 PLUM'S mil mil i iiiiiiiiii HARI RAYA A DAY TO CELEBRATE Welcome new begmings at Plum s on Monday to Wednesday. April IS* 17 with a feast for all to enjoy. Rejoice in your day of celebration, or simoly take advantage of this aeliclously festive season for reservations, call 703
      296 words
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      Page 8 Advertisements Column 3
      267 8 Hainanese Food Promotion 16 -JO APRIL Savour a *asty meal of fragrant Chicken Rice with tender Chicken pieces, complimented with sesame oil and garlic chilli.. so lip-smackingly delicious! Our sumptuous spread includes Pork Chop. Mutton Stew and many other Hrr r c f i Hr At (Adult) V y A
      267 words
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      Page 8 Advertisements Column 4
      298 8 Scandinavian Buffet Lunch Child $!Hf f HpS We serve the world to you at The Belvedere. i //sinJarM QD la itnlniiliMifMprari I t 7j£ 517, IUOUIOQO fc&J Tel 338-7733 I Spin to Bpm (M«»n sun) 1 buy 1 Hemeken beer 'Of I A get another free Wfl 25% off on
      298 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      652 8 TELEVISION AND RADIO ml T A ■JmMXX.IHx"-' 1 timpire Strikes Bad (Stem). 1.00 Nm (M>. nItCtUCQIi AMMNA I la/J I Of\OMQCO #BCI2 See Our Choice). $.40 Malay Movie Kcntak Si BUSINESS OH HAUIO A XXC J ttUClllvdv Y 7.M MCNNMwnatlMalll.l. U 4S North"'* to 00 Worid News iMi BBC. 89.9
      652 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Private eye with public views
      1162 9  -  In Hollywood a beautiful blonde is usually in distress. But-Kathleen Turner is determined to change that stereotype and more in her latest role as a private detective. Laurie Halpern Benenson reports Laurie Halpern Benenson NYT IN Hollywood movies, the beautiful blonde in the detective's office
      NYT  -  1,162 words
    • Article
      Lock icon Aromatherapy: not to be sniffed at
      809 9 NYT People win try almost anything to expel stress acupuncture, yoga and isolation tanks, shiatsu and the Canyon Ranch. Then there arc always seaweed tablets, environmental music and smelling. Smelling? Several times a week, executives across New York City leave their offices for a
      NYT  -  809 words
    • Article, Illustration
      Stone compares his film on Kennedy to Rashomon
      707 9 CHATTERBOX DIRECTOR Oliver Stone says his new movie on the assassination of former US president John Kennedy will be something like Rashomon. a 1951 Japanese film that presents different views of a murder witnessed by different people. "I think I'm going to
      707 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      239 9 AND ENTERTAIN Set Your Heart On Our Set Meals. I ■MjßyflfiE Vf iJCPM. w ,>i mßsoN dinner h jcpm i< > ">■ jf l lIICPM 11<>K. M 4 I PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays.
      239 words
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      Page 9 Advertisements Column 2
      51 9 I he freshest, liveliest seafood place in town. il liave to go a long way to find seafood j any fresher. Lunch: 12 noon 2.30 pm. "9~ j j Except Sunday. Dinner: 6.30pm 11 .00pm lllk NKAFOOO PI M h I tIM 2 IHf PAN PM IMC MOIH MN«,*POie MARINA
      51 words
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  • SPORTS
    • SIDE LINES
      • Article
        Sanchez defeats Brugera in Spain
        78 10 EMILIO SANCHEZ of Spain won the latest battle in his feud with Sergi Brugera on Sunday, beating his countryman and Davis Cup team-mate 6-4, 7-6 (9-7), 6-2 to win the Conde de Godo tennis tournament in Spain. The victory ended a yearlong drought for the
        78 words
      • Article
        Thorpe breaks arm
        60 10 FORMER world champion David Thorpe made a disastrous start to the new 500 cc motocross season on Sunday when he broke an arm in the opening race in Switzerland. Little-known Belgian Ronny Weustenraed won the race on a privately-en-tered Kawasaki ahead of triple British champion Kurt Nicoll,
        60 words
      • Article
        Silveira wins first Tour title
        86 10 LARRY SILVEIRA birdied the first extra hole on Sunday and won the Deposit Guaranty Golf Classic for his first US PGA Tour victory in Mississippi. Silveira and Cochran each shot a final-round 7-under-par 63 for a 72-hole total of 266 which tied them with Mike
        86 words
      • Article
        Rained out
        45 10 THE popular image of the Caribbean as a sunshine paradise took another battering on Sunday when more bad weather reduced the second day of the four-day game between the touring Australians and the West Indies Board XI to only 35 minutes of play.
        45 words
      • Article
        Torrance triumphs
        57 10 SCOTLAND'S Sam Torrance defied strong winds and obeyed his caddie's advice to win the U*****,000 (*****,000) Jersey Open golf title by one stroke on Sunday. The 37-year-old Ryder Cup player shot a final round 1-over-par 73 in harsh conditions to finish at 279, one stroke ahead of England's
        57 words
      • Article
        Sporting chance
        61 10 MALAYSIA has a very good chance of hosting the 1998 Commonwealth Games, Youth and Sports Minister Annuar Musa said on Sunday alter returning from discussions on the Smes in Malta. He said there was an overwhelming response >m the delegates at the Commonwealth Games Federation General Assembly, with
        61 words
      • Article
        They came with flags
        86 10 BARCELONA, host city of the 1992 Summer Olympics, staged its first pre-Olympic event on Sunday a flag-waving demonstration. About 400 protesters, claiming recognition for the Catalan Olympic Committee, gathered outside the hotel where the International Olympic Committee executive board was in session. Armed police, some with
        86 words
    • Article, Illustration
      Lock icon Woosnam's truly number one
      777 10 US Masters NYT IN ONE of the most dramatic finishes in the history of the US Masters, lan Woosnam of Wales held himself together for a one-stroke victory on Sunday on the strength of his powerful game and the heart inside his diminutive body. The 5-foot-4-inch,
      NYT  -  777 words
    • Article
      Lock icon Sabatini overcomes Graf for B&L crown
      573 10 AP GABRIELA SABATINI continued her domination of the women's tennis tour by sweeping Steffi Graf in straight sets on Sunday to win the Bausch and Lomb Championships in Florida, her fourth title this year. The 7-5. 7-6 (7-3) victory capped a week in which
      AP  -  573 words
    • Article
      Lock icon Little Al wins Indy title for fourth straight year
      391 10 AP THE domination was nearlycomplete on Sunday for Al Unser Jr as he overpowered the rest of the Indy-ear field and the downtown street circuit to win his fourth straight Toyota Grand I'rix of I ong Beach. California. The second-generation driver
      AP  -  391 words
    • Article
      Lock icon Ideal running conditions for Boston Marathon
      315 10 UPI CLOUDY skies and temperatures in the 50s, providing near ideal weather for runners. was the forecast for yesterday's Boston Marathon. Skies were expected to cloud over in the late morning. which will help runners avoid the dehydration that leads to cramping and dizziness.
      UPI  -  315 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      179 10 &Ms>u%tcd*iU»«u fa lAN WOOSNAM for winning the 1991 US MASTERS using MARUMAN Qolf Equipment. """to TVve_ ose "s>s»r-TL_p-y fA A^OT^*W WINNING FORMULA (fDmaruman Sole Agents CwW Pte ltd 5450cherdR ad MX 2/ Far EMShOKWgCtnk*. SVPOtOVJ Tel K 20! 101 Brunei: 800 stead frarling Srlr Bhd (Brunei) Lot 88f>9 Simp»ig 31
      179 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Strong overseas gains fail to stir investor interest
      5268 11  -  By S N Vasuki TRADING on the Singapore stoek markets yesterday was listless as trading volumes were thin and investors preferred to stay on the sidelines. Dealers said that though the New York and Tokyo markets performed well, there was insufficient investor
      5,268 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4157 12 Main Board SPII Foreign 1210 4(1 3 4% Singmarine50* 560 i 40 +-7.7% SI X f oreign 1790 t K) 1.7% DBS Foreign 1230 t 20 fl.7% Semh Maritime 486 +18 3.8% C&C 550 15 2.8% Singmarine Wl 147 15 fll.4% S Aerospace50* 265 fl3
    4,157 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon KL share prices edge up in thin trade
      4147 13 Bernama LIGHT BUYING support helped share prices close higher yesterday in thin trading ahead of the Hari Raya break beginning today. The Kuala Lumpur Stock Exchange will be closed today and tomorrow if Hari Raya is today and will be closed an
      Bernama  -  4,147 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      121 13 r*—' i NEWS F L A 8 H IT MIGHT St RPRISF you to know that Shipping Times is the most well-read paper in the transport industry. Fvervdav it brings you: Bunker Reports. Shipping Agents' List. Freight Rates and a guide to port of calls of major shipping lines, among
      121 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      144 14 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Spore Land Apr 12 Dec 90 $44 641h($*****) 126(64a) 14i(75a> Hortguchi Apr 11 Dec 90 $1 093(51,553) 43(36) 8(8) H Plaza Apr 8 Dec 90 $6933($3 387) 1 7(1 1) 3(3)
      144 words
    • Article
      INTERIM RESULTS
      290 14 Company Oat* Half-year Group pre-tax Interim ann to profit/lost (L) dividend (000) Antah Hldgs Apr 10 Oec 90 W$18.075($14.587) Hump I mas Apr 5 tan 91 W$5 333(M$7.552) 2(2) RashnJ Hussam Apr 2 Nov 90 MS? 1.004(S10.862) Seal Inc War 30 Dec 90 W$3 848 ($5,892) (ongkah Hidgs
      290 words
    • Article
      PRELIMINARY RESULTS
      691 14 Company Date Year Group pro-tax Not earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) lurong Eng Apr 12 Dec 90 $4.424($3.673L) 15 7( 15(7 5) Asia Pac Ld Apr 11 ian 91 M$12.022($6.554L> 2 3(—) 31(-) Magnum Corpn Apr 10 Dec 90 M$100,128( $53,365) 41
      691 words
    • Article
      CORPORATE DEVELOPMENTS
      302 14 Apr 12 DBS Bank confirmed that it is considering China's invitation to set up a joint venture bank in Shanghai together with four other foreign financial institutions Malayan Banking and a Hongkong-based investment management company. CEF Investment Management, are expected to set up a fund of up to
      302 words
    • Article
      DIVIDENDS ANNOUNCED
      1438 14 Cwrwt Ex Books Date Total tar Total tor joy it data doM payaMo tko yoar last yoar tons 5%TE tun 5 Jun 17 Jul 1 10VE Amtsk Enc 6%TE(I) Apr 11 Apr 17 Apr 26 6%TE 12%TE Avkno 5%TE Feb 25 Mar 7 May 15 125%TE 25%TE BAT
      1,438 words
    • Article
      APPROVED ISSUES
      222 14 Company Right* but Dufep Est Restncted earn of S88 514m nonanal value of 10% ConwtMi Maamable Unsecured Low Stock (CULS) 1991/1996 issued on the bass of SI nonwal amount of CULS for rmy 3 ordmary sham of SI cacti Ml at nonwal value Ex-date: Apr Books dose Apr
      222 words
    • Article
      BONDS, LOANS & WARRANTS
      621 14 BONDS, LOANS WARRANTS MC M Mtom 26/4/13 1 —rt pM 13.09 art c—m u» CanMy M 2/10/89 to 20/10/94 1 ant pM 10.77 cad or 1 arrant pks 10.77 tmm aart of Inn stocl Qm m IMM17 to 31/12/H L5S —MM pM $L56 art. On dp MM 1/t/M to a/7/94
      621 words
    • Article
      COMPANY MEETINGS
      180 14 MkMmrfan Tobacco Company (S) Ltd: 4fth AGM at 57 Senoko Drive. Singapore on Friday, April 19, at 11.30 am. Untod tetemMM Th«— Ut 21st AGM at the Board Room. United Overseas Bank Ltd, 30ft Storey UOB Budding. No 1 Bonham Street Raffles Place, Sinpnon 0114 on Sttrday, Apr!
      180 words
    • Article
      PROPOSED ISSUES
      384 14 Company Rights Issue Mcam Ow tor two M$100 per tan issue dt 40m CmMr MwwMe Pnterence 9ms (CUTS) of WO 10 each at MSI per tare with 10m detachable T5R on the bws of 1 CRPS wwth 1 TSR tor trmy I C8PS Jfl*» One-tor tour M$2 00
      384 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      496 14 Glub, Glub, Glub The Republic's rapidly rising skyline is worrying property iMj|M j developers that Singapore will soon be inundated by a glut of office buildings and retail space. How soon? Perhaps by the Bl jfc I tLJj m end of 1992. Fearing a replay of the recession years, when
      496 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares buoyed by hopes of lower interest rates
      2748 15 Reuter l<>| hi links Invil liiinrt Imt oil I Inn liiylis yoslrnl.iy Slt.nr p*in*s wi'io Inioyt'il l»v npli mi mi sp.nkotl l>\ .1 slioiwlhoimiK yon ami Imp's t't il inlru.t i.lies \\*ll soon Ih* lnwoioil alloi I t it f iv O
      Reuter  -  2,748 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Afternoon bargain-hunting helps to pare early losses
      2427 15 Reuter SI I Ul I'RK I S mi Hongkong finished easier in u.'im? ?ou trendlcss trade yesterdav I>n* oil the Itf is bargain hunting helped retuue hall the da>"< looses, hrokcis said. "There's not mueh news it all and most people are sidelined
      Reuter  -  2,427 words
  • Page 15 Advertisements
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  • REGIONAL STOCK MARKETS
    • Thai, Korean shares buck uptrend in Asia
      • Article
        SYDNEY
        293 16 ii 'l*l M a further cut in official interi a«cs kept the Australian sharemarbuovant yesterday, pushing the k. to a higher close. The All Ordiie\ Index rose 7.7 points to 1,462.0. •'mkiMs said otTicial cash rates could ac 'I hy half"a percentage point to i pci cent s»>on it'the
        293 words
      • Article
        Untitled
        2192 16 ustralia i l> A Cents VoK'(MI) Mncnk 70 -5 191 i M (.old 34 -I 175% \N/ Rank 334 7 7708 .!o\U- 392 -3 7(1 12 -I 2095 IvanceM 556 f 10 *>3 155 unch 80 490 6 9043 r -l t v 266 -4 365 237 8 985 iadnt'
        2,192 words
      • Article
        BANGKOK
        158 16 BANGKOK share prices moved downward in moderate trading yesterday due to fears of action by state enterprise labour unions upset by new legislation ending their right to strike. The Securities Fxchange of Thailand Index closed at 884.66, dropping 8.12 points. "The market opened with few investors buying shares, they
        158 words
      • Article
        MANILA
        590 16 MANILA shares rose in moderate trading yesterday following a politically quiet weekend. "The local scene had improved a bit no negative news, no bombings. So, we had a slight market rally." said Harry Liu. president of Summit Securities Inc. The Manila Stock Exchange Composite Index closed 25.32 points higher
        590 words
      • Article
        TAIPEI
        478 16 TAIPEI stocks finished higher yesterday after a da\ of unstable trade and very heavy turnover as small investors followed big market players and rushed to buy financial shares. The Weighted Index gained 78.35 points (1.4 per cent) to finish at 5,671.45 compared with Saturday's 5,593.10 close. Turnover rose to
        478 words
      • Article
        NEW ZEALAND
        91 16 IN WELLINGTON, a surge of afternoon buying from one broker saw share prices close two per cent higher on good turnover. Brokers said they believe the buving broker, I)o\lc Paterson Brown, was filling an overseas order, or orders. The Barcla\s Index rose 33.05 points to 1,435.89. Brokers said
        91 words
      • Article
        SEOUL
        804 16 THE ongoing tight won liquidity \esterday forced the Seoul stock market to close lower for the eighth consecutive day in the lowest volume this year. I he Composite Index ended the day at 634.52, shedding 3.69 points from the previous session. Yesterda> s turnover was the lowest this year
        804 words
      • Article
        Untitled
        98 16 C'l«* Prevlom April 19 SYDNEY \ll Ordinaries Index 1,4620 f7 7 All Induilrials Index 2,268 9 2.257.1 MIX •\ll Resources Index 845 5 H4I.0 *-4 5 t urnover (million) 88 33 103.24 -14.91 BANGKOK SH Index 884 66 892.78 -8.12 Turnover (million baht) 3,70(1 4.800 -1,100 JAKARTA Composite Index Closed
        98 words
      • Article
        Untitled
        421 16 In local currency In S$ In I'SS S day S >wr S da> S year S day S year \pc 12 Index change change change change change change World 413 3 06 15 4 0.5 13.6 0.5 12.4 t| \H 545 0 0.6 15.*) O H 12.6 0.8 11.4 taupe
        421 words
  • Page 16 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Nikkei and German bonds are best bets
      871 17  -  THE «r David Gabriel t'lihft leihnhnl niethoth. the San# Kami! weekly report truck* the profit/tow fruition of a fW.tMH) deposit, feverntteit up to 10 timer for in idinn in a portfolio of dent n hemarks. yen. sterling. Swhi JhMt'X. Nikkei Stuck In de.x
      Source:; Source: TeleTrac  -  871 words
    • Article
      US$ closes lower on rate cut expectations
      165 17 I 111-' I'S dollar closed lower against most currencies in lokyo on continuing espectations of lower I IS inteiest rates "iJenlers beie decided to pursue the dollar's downside this morning, because it was lop-heavy due to espectations that a I'S credit easing is
      165 words
    • Article
      FINANCIAL FUTURES
      1360 17 SIMEX EURODOLLAR Open High Ixm Sett Efl Vol Op/lnt Vol Jun 91 93 81 93.82 93 79 93 80 <510 l5ftM 5897 Sep 91 93 51 93.52 93.50 93 50 3390 4.375ft 2882 Dec 91 93 04 93 04 93.03 93.03 1405 95ft? 453 Mar 92 92.79 92.80
      1,360 words
    • Article
      MONEY MARKET
      467 17 Crots rates Apr 15 USS SS MS Dm Yen i SFr AS N/S USS 1.7570 2.7395 1.6795 135.55 0.5618 ***** 1 2763 ***** SS 0.5692 1.5592 0.9559 0.7715 0.3197 ***** 0 7264 0 9655 MS 0.3650 64.14 0.6131 ***** 0.2051 ***** 0 4659 0.6192 Dm 0.5954 ***** 1.6311
      467 words
    • Article
      INTERBANK FOREX RATES
      590 17 Interbank rates Hfc BW Offer Overnight 4 3/M 4 1/2 i -month 4 7/16 4 9/16 '-month 4 1/2 4 5/8 3-month 4 9/16 411/16 Overnight mode 4-1/2 IM Bid Offer 7 days 5 11/16 5 15/16 1 month 5 1.1/16 5 15/16 2 month!* 5 7/8
      590 words
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  • COMMODITIES
    • Article
      Lock icon African coffee group to lobby for return to quotas
      302 18 Reuter THE Inter African Coffee Organisation (IACO) said it would launch a contact group to lobby for a return to export quotas within a new coffee pact. An lACO statement after a two-day crisis meeting said the group would approach other
      Reuter  -  302 words
    • Article
      Lock icon US facing tough decision on whether to ease peanut ban
      375 18 NYT EVEN as the Bush administration is pressing Japan to allow imports of rice, the United States still has what amounts to a virtual ban on imported peanuts. The administration now faces a tough decision on whether to allow more
      NYT  -  375 words
    • Article
      KL crude palm oil closes higher in thin trade
      788 18 REPORTS Covering activities support market THE Malaysian crude palm oil market ended higher in thin trading. Dealers said covering activities for nearby months gave some support to the market which was in a holiday mood ahead of the Hari Raya festivities.
      788 words
  • Article
    PRICES
    1562 18 Rubber a p m2 MS («■> In Mh| S centt/kg Noon Oojtt Int I RSS Prompt 142 50/143 50N 142.75/143 75N Ini 1 RSS May 91 145 00/145 JO 145.25/145 75 IntlRSSJun 146 75/147.25 147.00/147 50 Int 2 RSS OP 142 25/144 25N 142 50/144 SON Int 3 RSS
    1,562 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      300 18 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 MODINCOR PRIVATE LIMITED (la Mrinbcn' Voluntary liquidation) At an extraordinary general meeting of Modlncor Private Limited held on 12th April 1991. the following resolutions were duly passed:SPECIAL RESOLUTION That the company be wound up voluntarily pursuant to Section 290(1 )<b) of The Companies Act.
      300 words
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      Page 18 Advertisements Column 2
      19 18 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Ask For Jennifer *****71 Noorani *****72 Veronica *****73 BnslneM Times j
      19 words
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      Page 18 Advertisements Column 3
      11 18 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1125 19 City Right ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA974 GA886 i 0005 0010 Kuala Lumpur MH60I MH640 0120 0805 MH602 SQ102 0700 0730 Adelaide SQ228 2000 QF82 2200 MH630 SQ103 0855 0950 MH604 SQ104 0740 0830 Amsterdam GA893 KL837 SQ23
    1,125 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Wonderful world of a working farm
      729 19  -  LETTER FROM NEW SOUTH WALES By Andrea Borch Daisy, the light brown cow, swished her tail to shoo away the ever-present flies and stamped her petite black hoof. I wondered if I pulled too hard. This was, after all, my first time milking a
      729 words
    • Article
      MONEY CHANGER RATES
      153 19 As at 3pm yesterday: Ixxal dollars to one unit of foreign currency Currencies Bid Oft'cr Australian dollar 1.363 1.383 Canadian dollar 1.509 1.529 NZ dollar 1.023 1.053 Sterling pound 3.117 3.137 US dollar 1.7500 1.7600 liocal dollars to 100 units of foreign currency Austrian schilling 14.70 15.70
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      75 19 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April XVI International Buenos Chamber of (541)*****4 April International Milan Ente Manifesta- *****181 11-26 Furniture Aires Manufacturers 12-17 Furniture zioni Commercio Exhibition of Furniture Fxhibition F.xpomuehle 91 Kucac.it Apnl International Utrecht, Koninklijke (31 >>*****1 15-19 Packaging Netherlands
      75 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      40 19 When it comes to flying to Munich, no other airline comes Klaus to Finnair. Because Finnair flies twice-weekly from Singapore direct to Helsinki then onto over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
      40 words
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      Page 19 Advertisements Column 2
      93 19 It could be a controversial deal between two stock market stars, a thought-provoking report by M[ university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
      93 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      196 19 might need to be encour--8 Game for children starting school (5) po I I I 10 Equestrian ability ac- LbJ by large majority 12 An outstanding boss? 13 Mention a new name (8) *****11 I I I 1 I I 1 IS Fall rotter 17 Experience less energy 22 It
      196 words
    • Miscellaneous
      Page 19 Miscellaneous Column 2
      218 19 Singapore Outlook: Showers o\er many arias in the afternoon. Forecast: Maximum temperature 33.4"C Assoc humidity. 61% Minimum temperature 25.0 V Assoc humidity 94% Hours of sunshine 6.40 —i Rainfall in mm 3.2 Rainfall this month 33.7 Rainy days this month 5 World forecast Asia-Pacific Hi/I»* Cond. Auckland 21/13 Showers Bangkok
      218 words
    • Miscellaneous
      Page 19 Miscellaneous Column 3
      26 19 li7m>TrTfl!l>.TaHOLD A SOCOWD im LATe, m uvre. f o r rm o*uv goimg A VCfty lf*POß" r^*lT TO 840S C EVtMIHO STANDARD CO. LTD., IM2-IMI thcfa^.
      26 words
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  • Article
    NZI Bank closing Singapore office
    487 20  -  Attempts to find a buyer unsuccessful By SN Vasuki NZI BANK announced yesterday that it will be closing its Singapore operations as part of a bigger plan to "dispose of or wind down" its activities in New Zealand and abroad. Speaking to BT from Auckland,
    487 words
  • Article, Illustration
    Lock icon Kurds beg US troops not to withdraw
    286 20 Reuter US TROOPS withdrew from most of occupied southern Iraq yesterday, besieged by hundreds of desperate refugees begging them to stay. About 250 women, children and men sat on the main road leading out of Iraq, chanting in English "Down, down to Saddam
    Reuter  -  286 words
  • Article
    Lock icon Aquino not surprised by S'pore stance on US bases in Manila
    323 20 AFP PHILIPPINE President Corazon Aquino said she was not surprised by Singapore's call for US bases to stay in the Philippines to prevent the rise of a new military power in the Asia-Pacific region. Mrs Aquino also refused to
    AFP  -  323 words
  • Article
    Lock icon G-7 at odds over bill for new economic order
    315 20 Reuter FINANCE MINISTERS from major industrial nations wrestled on Sunday with the thorny question of how to pay for the new world economic order, with the US and Japan seemingly at odds over Gulf war contributions. The ministers, in London for
    Reuter  -  315 words
  • Article, Illustration
    Juggling scientific and economic interests
    736 20  -  The Bottom Line LEONARD SILK LEONARD SILK The writer is a columnist with The New York Times, where this comment first appeared. IN NOVEMBER 1944. with the end of World War II in sight, US President Franklin D Roosevelt wrote to Vannevar Bush, the distinguished
    736 words
  • Article
    HK prosecutor stashed bribe in S'pore
    273 20  -  From Catherine Ong in HONGKONG BRIBE MONEY of about HKS2.2 million (S$500.000) paid to disgraced former Hongkong public prosecutor Warwick Reid was deposited in a Singapore bank, a court in New Zealand was told. Reid. the former top commercial crime lawyer for the I
    273 words
  • Article
    Lock icon Asian airlines set to outperform world carriers
    331 20 Reuter ASIAN AIRLINES are likely to continue to outperform world carriers over the next few years but their success could be hindered by structural problems. "The Asian-Pacific (airline) market will remain the fastest growing region with growth on the order of 9 per
    Reuter  -  331 words
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  • ShippingTimes
    • Article, Illustration
      SIA wins major Qantas maintenance contract
      396 21  -  By Rahita Elias NATIONAL CARRIER Singapore Airlines has won a major aircraft maintenance and pre-sale modification contract from Australian airline Qantas. Negotiation and evaluation of the work programme started in October last year and was finalised in December. Under the contract, SIA will service
      396 words
    • Article
      Lock icon South Korea and China to open second container service
      204 21 Reuter A SOUTH KOREAN shipping company and a Chinese state shipping firm will establish a joint venture shipping firm to open a second direct container service starting on May I* a Seoul company spokesman said. South Korea's Heung-A Shipping Company and
      Reuter  -  204 words
    • Article
      Thailand's new international airport will cost S$4b
      564 21 THE Airports Authority of Thailand will have to invest about 60 billion baht (554.08 billion) over the next 30 years to build the country's new international airport in Nong Ngu Hao to cope with increased air traffic in the first quarter of the
      564 words
    • Article
      Lock icon American Airlines bashes buyout plan for TWA
      262 21 NYT EXECUTIVES of American Airlines on Sunday denounced a plan by the investor Kirk Kerkorian to buy TWA as a delaying taytic and a "half-baked, ill-conceived, poorly fleshed out excuse for a business plan". Last Friday. Tracinda Corp, an investment group headed by
      NYT  -  262 words
    • Article
      Federal Express acquires Malaysian courier firm
      335 21 UNITED STATES-BASED Federal Express has strengthened its hold on the Malaysian express courier market following the purchase of Nationwide Express Courier Services. Nationwide, one of Malaysia's largest express courier companies, is now 100 per cent owned by Ace Atlantic, a 70-30 joint venture company
      335 words
    • Article
      Lock icon Japan ready to send minehunters to the Gulf
      284 21 FT JAPAN is considering sending minesweepers to the Persian Gulf, breaking its post-war ban on despatching military personnel on active service overseas. Leaders of the ruling Liberal Democratic Party back the plan even though it will provoke opposition from those who believe
      FT  -  284 words
    • NEWS SUMMARY
      • Article
        US airlines offer incentives to fly
        47 21 BIG discount fares offered by airlines in the United States in the past four weeks have attracted thousands of bookings by American travellers who had sharply limited air travel earlier this year because of worries about recession and terrorism Page 2
        47 words
      • Article
        Helping east Germany's yards keep afloat
        43 21 EASTERN GERMANY'S shipyards are to get subsidies of 500 million marks over the next three months to help restructure and survive. The scheme entails a reduction of the workforce from 55,000 to 20.000 by 1994 Back Page
        43 words
      • Article
        Oil leak from tanker threatens Italian Riviera
        30 21 OIL LEAKING from a supertanker which sank off Genoa on Sunday could lead to a major disaster on Italy's Ligurian Riviera Back Page
        30 words
      • Article
        Death and mayhem an Nigerian roads
        35 21 ABOUT 10,000 people are killed and many more injured every year on Nigeria's roads, the result of bad driving and drunkenness as well as poor police controls Back Page
        35 words
      • Article
        Close call lor Soviet cosmonauts
        30 21 A SOVIET spacecraft carrying supplies for the two cosmonauts aboard the Mir space station almost collided with the station during a docking attempt Back Page
        30 words
    • LOGBOOK
      • Article
        Reinsurance brokers of ferry await more info
        68 22 LONDON BROKERS who placed reinsurance on the ferry and tanker which collided otY Italy last Wednesday night say they are waiting for more information before assessing claims for liability. A spokesman for Willis Corroon pic said it was involved in broking 40 per
        68 words
      • Article
        Ships collide off English coast
        57 22 THE POLISH ro-ro/container vessel Tadeusz Kosciuszko and the German-registered Jessica S were in collision off southern England last Tuesday, Lloyd's Shipping Intelligence Service said. The 22,709 dwt Polish vessel, which had sailed from New York, continued to Le Havre for repairs. The 1,527 dwt Jessica
        57 words
      • Article
        Swiss firm exported bomb parts
        58 22 PART OF THE BOMB which blew a Pan Am jumbo apart over Scotland in 1988 was delivered through a Swiss company, the Swiss News Agency reported last Saturday. It said Zurich-based Mebo AG exported electronic parts used in the bomb's timing mechanism. The parts were
        58 words
      • Article
        Damaged vessel ready for repair
        48 22 THE FIRE-DAMAGED Bahamian refrigerated vessel Crystal Star is now stable enough for routine salvage and repair, Lloyd's Shipping Intelligence Service said. The 8,027 vessel is at Falmouth, southern England, where it was towed after catching fire off the Scilly Isles on April 6.
        48 words
      • Article
        Ship pays damages to Suez port
        75 22 A NORWEGIAN TANKER held following a collision with an Egyptian passenger ship left Suez Port last Friday after paying compensation, a port official said. Major-General Hani Hosni, head of Suez and Red Sea ports, said the unladen 284,004-dwt Berge Duke left for Iran after
        75 words
      • Article
        Zulfikar continues to Port Said
        75 22 THE CYPRIOT-REGISTERED 15,177-dwt cargo ship Zulfikar continued its voyage to Port Said following a collision earlier last Wednesday with a British fishing boat in the Channel, Lloyd's Shipping Intelligence Service said. The two vessels collided in thick fog about 32km south of Newhaven, England. The
        75 words
      • Article
        Tanker blaze under control
        54 22 FIREFIGHTERS have controlled the blaze which followed an explosion on the 81,552-dwt tanker Alexandros at a Greek port, the merchant marine ministry said. It said 27 people were injured last Friday when an explosion ripped through the Bahamas-registered vessel which was docked at the Elefsina shipyard
        54 words
    • Article
      DAILY FREIGHTS
      544 22 CHARTERING in the dry cargo freight market on Friday was active at mixed rates but enquiry from the Soviet Union for trans-At-lantic grain trips with rates on offers rumoured to be higher gave support, brokers said. The market took note of a firmer fixture on the US Gulf/Japan
      544 words
    • Article, Illustration
      Lock icon Big incentives to fly
      973 22 Airlines in the US offering fare discounts in the past month have managed to attract thousands of travellers who had limited air travel this year because of worries about recession and terrorism NYT THE big discount fares offered by most large airlines in the United States
      NYT  -  973 words
    • Article
      TRANSPORT DIARY
      964 22 April 29-30: Seminar on International Trade Practice Commercial, Operations and Financial Aspects, organised by Facs World Ptc Ltd at Carlton Hotel. For further enquires call *****71 or fax: 292-2875. May 7 (9.00 am to 12.45pm): Seminar on Shipping Pools organised by Merchant Prospect Limited and SC Lim Management
      964 words
    • Article
      THE SHIPPING GUIDE
      12228 30 Ibis is a list of ships loading at Singapore tot pt>i ts around the world. It tabulates. In destination, the name of the ship, the shipping line involved and the estimated dates ot airival and departure from the Port of Singapore. \d\anced dates are published for a
      12,228 words
    • Article
      SHIPPING AGENTS
      3425 35 A m.B( onlaiiH-rline N\: Bclsm Shpg Agencies Pte I id (SVMarine Handling Sdn Bhd (PK/PN) Accord (.roup: Accord Shpg Pie I Id (Sy Accord Contr 1 ine (PK/PN) \dkris Business orporalion Philippine: < alsource Shpg St I rdg Pie L id (S) Ahrenkiel I iner Service: Kim Shpg
      3,425 words
    • Article
      COURIER SERVICES
      256 35 Abacus Couriers Tel: 545-8011. Fax *****98 Air Express Trawl Tel: 533-5771. Fax: *****44 Airborne Freight C orporation Tel: 542-8844 Fax *****16. *****80. Airs wilt Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421 Fax: *****75. City-Link International Tel: 344-3377. Fax: .*****50 (luster Link Supplies
      256 words
    • Article
      AIR FORWARDERS
      1534 35 \bex Express Freight Tel: 542-7171. Fax *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Aerotiuk Freight International Tel 545-8033. Fax *****05 Aerospeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Express Tel: 542-5454 Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,534 words
    • Article
      PORT CONDITIONS
      3312 36 ARGENTINA San Port full. 8 vessels berthed loading various commodities, mainly grain by-products, 5 vessels anchored in roads awaiting berths of which 3 to load by-products. 2 grain. Rosario: Three vessels in port of which I loading sugar. I pelletised meal, 1 grain, 1 vessel berthed in ballast
      3,312 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      650 36 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers Mnimosyni: 64.576 dwt and built 1968. sold at an auction to Hongkong-based interests for around USS3.2 million. The Istanbul Lx 63,533 dwt and built 1973, sold to a Greek concern for around US$5.7 million. The Veraia: 16,534
      Reuter; AFP  -  650 words
    • Article
      AIR FREIGHT SCHEDULE
      457 36 ARRIVALS DEPARTURES Op High! Type ETA T From Op Flight T>pc FTP 1 lo TODAY TODAY JAL JL6I7 B747F 0200 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0220 I SEL KAL KE697 B747F 0450 I BKK NCA KZ205 B747F 0310 I NRT NCA
      457 words
    • Article
      CRUISE & FERRY SCHEDULES
      257 36 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dtp Name of Vessel ETA ETD Ports of Calls Port Agent APRIL 16 17 Andaman Princess 2200 1500 Sin-Bangkok Lines Int Holding 19 19 Cora Pnncess 1000 1800 Jakana-Sin-Jakana Sembawang Johnson 22 22 Sea Princess 0800 1200 Jakarta-Sin(Dock) Straits Shipping 23 23 Royal Viking
      257 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        595 37 Vessel Voy No Berth Arm* Departire V«wt Voy No Berth km* Pepertire Keppd Wharves Jurong Port Andaman Pees 06/91 (P) K30 alongside 1504/2300 Ai Swanru* 16 13 04/2330 15 04/2300 Belorussiya 01/91 (P) K29 alongside 1604/2300 Gao Yang ft 12 04/1900 1504/0600 Con Gassan 16A26 K32 alongside
        595 words
      • Article
        CONTAINER SCHEDULE
        1374 37 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookaif/lbbnco RsHs Sip Voy No Etb/Btr Pariod From To From M Mirqab 5SA 18/1800 2 15/1700 16/0659 16/0900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Anson *****N 16/2300 1 15/1500 15/1659 15/1900 2 15/1700 16/0659 16/0900 B Meter
        1,374 words
      • Article
        IN MALAYSIAN PORTS
        273 37 Penang Port Berth n Butterworth on Apri 14: 1 Kammk 2: Li Heng. 3: Parnassos; 4 ml; 5 ACX lade; 6 Lampung Penang Mharf: MB ml; CB ml; SB USS lason BCT: Bl Bi Ryu Gang, 81l Wan lae San; l/B: Pacific Gemtxra VOIP: Santa Maria Due
        273 words
    • Article, Illustration
      Lock icon Eastern German yards to get $525m in subsidies
      335 38 AFP EASTERN GERMANY'S shipyards, a potent symbol ot the social and economic crisis facing the region, are to get subsidies of 500 million Deutschemarks (***** million) over the next three months to help restructure and survive, the Sueddeutsche Zeitung reported on Friday.
      AFP  -  335 words
    • Article
      Lock icon Oil leak from tanker threatens Italian Riviera
      302 38 Reuter OIL LEAKING from a supertanker which sank on Sunday after an explosion and a three-day fire threatens a major disaster on Italy's Ligurian Riviera. 'We saw a small amount of oil coming out," said Neil Challis of the International Tanker Owners Pollution
      Reuter  -  302 words
    • Article
      Lock icon Close shave for Soviet cosmonauts
      152 38 AP A SOVIET spacecraft carrying supplies for the two cosmonauts aboard the Mir space station almost collided with the station during a docking attempt, a trade journal said. The Soviets called the March 23 incident "a near catastrophe" that could have killed the cosmonauts, reported
      AP  -  152 words
    • Article
      Lock icon Italian bishop calls for more safety at sea
      184 38 AP THE BISHOP of Leghorn, remembering the victims of last week's inferno aboard the ferry Moby Prince, demanded the Italian government take measures to guarantee safety on the seas. The Prefect's Office last Sunday put the number of dead in the fire,
      AP  -  184 words
    • Article, Illustration
      Lock icon Death and mayhem on Nigerian roads
      633 38 Reuter THE MANGLED BODY of a man killed by a speeding vehicle lies spreadeagled in the middle of a highway near the central Nigerian city of Abuja. Some 400 km to the south-west, near the city of Ibadan, 1S bodies are laid out at
      Reuter  -  633 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      86 21 AAus* 9 V lanaga BT shows you how every Monday. >-■-■ :<>< #I^®: nap "11 BRING THEM HOME. A paper subscribed by Singaporeans abroad. The local pool is limited. So look And by foreign professionals too overseas where some of our top talents are 7 0 0 nTrS Si n
      86 words
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      Page 21 Advertisements Column 2
      51 21 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freghts 2 Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Gude 10.11 Shipsales/Tanher Rates 16 Stops in Port 17 Singapore Tdes 17 Transport Diary 2 Weather and Sea Condtons
      51 words
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      Page 22 Advertisements Column 1
      116 22 Scalpel... scissors._sutures_ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. vn»™i°„ k Pt WP informod to maximLso rP,urns on Kssential information accessible every business day your money |hrmjgh IJusiness Ximcs In the same way a surgeon needs his tools to r
      116 words
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      Page 23 Advertisements Column 1
      1228 23 JAROINE SHIPPINC AGENCIES 200 Cantonment Road #12 05 Southpoint. Singapore 0208 Wtwtf Td *****11 TELEX NO RS ***** |f«nmi terminal,cfs th *****1s 220 w rCAuQjI BOOKINGS T«l *****34 258 1 VWQf J PESAKA JAROINE SHIPPINC AGENCIES SON IHD PORT KELANG TEL: 3(***** TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO
      1,228 words
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      Page 23 Advertisements Column 2
      948 23 INDEX TOMWRIjSERS Pagr Col Page Col ~i Macoline 9 4/5 Maersk Line 3 4/5 ABC C'ontaincrline 12 I *MISC 14 1-3 Accord Group 8 1-3 M'sia Shpg Corp 9 1/2 Albatros Sea-Air 14 3 Mercury Line 12 2 Allied-Link 16 4/5 MOL 18 4/5 APL 5 3-5 «MOSK (Forest) 5
      948 words
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      Page 23 Advertisements Column 3
      2167 23 ■OMM NEXT VESSEL TO U.S.A. LOUIS MAERSK V.0104 ETA 23/4/01 Vms«i Voy ETA j ETO *Poft 'Pgnang DESTINATIONS BEE39K9ESBB&IBE9BBBBBH crs —n« tor mrs m t« U 'o oak lgb mou mem atl mia cms bal phl nvc mon tor LOUIS MAERSK 9104 23/4 24 4 18 4 J0 4 116
      2,167 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1310 24 |rottedam/| VOV NO SPOHK SOUTHAMPTON HAMUUHG AM At HP Lfe HAVME HIHHf KITANO 0//314 18/4 3/5 5/5 7/S S/fT ETMIj HAMBURG tXPHtSS 02/115 19/4 10/5 8/5 Hi HANNOVfcR EXPRESS 02/315 21/4 8/5 10/5 13/5 14/5 1. AU WUTKHJND P. KATSURAOI 05/116 25/4 16/5 14/5 13/5 KIIANQ A PINANG CARGO THAMES
      1,310 words
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      Page 24 Advertisements Column 2
      584 24 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2103E 25/4 12/5 15/5 20/5 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA PAGO PAGO APIA t NUKUAIOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX SAI (PERU) L J BONTANG 2IOJt 25/4 3/« 4/6 7/6 9/6 10'S A ge'tla
      584 words
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      Page 24 Advertisements Column 3
      1643 24 ral•lMlA *«mm REGULAR INDEPENDENT FULL CONTAINER SERVICE westbound ran euhope VSL<VOY SIN ALG BCL MAM BRE ROT ANT FEL I HA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA MUBARAK 9106 3 16/04 05/05 06/05 09/05 10/05 11/05 12/05 13 05 14 05 NORASIA AL MANSOORAH 9107-3 21/04 11/05 12/05 17/05
      1,643 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      2026 25 SjjgSteamers Maritime Holdings Ltd W V PffrO m l« STRAITS SHIPPING ■ML 4 CT SHuaport to BriMi. last Malaysia, ww Containers HMI ACCEPTS OUt SAILS V. f fc. -Pen -Piii Spoie Aid Sou A"! RM Htin CARGO LEISE WAtRSK 910S HtMISOI !904 0105 0(05 0? 05 U905 RAJAH BROOKE VIIE
      2,026 words
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      Page 25 Advertisements Column 2
      2151 25 TO; U.S-A,/PANAMA fm: u.s.a./panama ctw'wwTwMa'ii'm "I ui »i *i\ 1! L\ tSotwlwMiliift'w m!m jii "i 'Vi iii Eii i'J MFMt NtfMAmt K ift AS IS «t ,?> ~V ij OM OA*IANO RA 114 1< 41 74 1M ?l 4 22 4 ;»5 BRIMIN SINAIOK II 11/ 44 IS t IS
      2,151 words
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      Page 25 Advertisements Column 3
      352 25 _g_ STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR YOKOHAMA NAGOYA AND OSAKA M.V. COSMIC CHALLENGER V 6 I ETA SPORE 19/4/91 ETA PK 21/4/91 ETA OSAKA 3/5/91 ETA NAGOYA 5/5/91 ETA YOKOHAMA 8/5/91 I NOTE ALSO CALLING OTHER JAPANESE PORTS HONGKONG. TAIWAN 4 CHINESE PORTS SUBJECT
      352 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      764 26 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY SPORE ROAM ADAM H BURG BREMEN ANTKKRF SKIWI)AYA,3!#B \il* lifi M 27/4 »■> KUTAI 72W8 l)S W M 146 174 fast transit time ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|«ct to Inducement Alio accepting cargo to Caaablanca Port Said. Port Alexandria. Genoa Triads ALSO
      764 words
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      Page 26 Advertisements Column 2
      1132 26 If i& iE HANJIN SHIPPING RTM ANB HAM BRV FEL 1 L A ND 0111 Jll i'lmL, ir m ?i*r HANMN LEHAVRE Olrtl 14 9' 10 5 lib 11'. US H I 22m ,u. n\ USr »I HANIIN IONGHAI 081* »l It' I'' U n s HANIIN ROIIIPDAM I '!4E
      1,132 words
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      Page 26 Advertisements Column 3
      1430 26 -TnTTTTTI^ I. C l J J" 5 ""J *2 TYO LA* CHS BAL NYC LHV AWW RDM THP HBC PSD CMB PHI SGI> I iraMNMna V'l 11 J 1 4i 45 s "5 1W li« 13/* I** lit *4 fc7 lft7 117 B 4 10i 114 12,5 IJi MS s
      1,430 words
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      Page 27 Advertisements Column 1
      2137 27 —r v NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 Wp CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 niC nepunesdnbhd Malaysia JTjr K 1.(03) *****33, P. Kdano-(03) *****87, Penang-(04) *****0,
      2,137 words
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      Page 27 Advertisements Column 2
      1149 27 m 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 VO*AGC |SPOBf |M»N LA ~*OI»G YO»A« SPORE PKIANG HBUftG B HAVEN
      1,149 words
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      Page 28 Advertisements Column 1
      1452 28 K 4 4 m mr 9 AS AGENTS KAWASAKI SINGAPORE (PTEI LTD ICR No: 1244C*****0M) W V my TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I Md MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD I Am MmJM MmJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD.
      1,452 words
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      Page 28 Advertisements Column 2
      1208 28 PHiu-omeNT uncs pt€ ltd toe ROBINSON ROAD »07 00 GMG'BUILDING SINGAPORE 0106 X TEL *****22 *****69 *****00 TELEX RS ***** PHtLI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 22 APR 26 APR DUBAI, DAMMAN, SHARJAH, DOHA. CHARLESTON
      1,208 words
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      Page 29 Advertisements Column 1
      1721 29 l ,u rr n ft i ur>ui»> .tpru 10 iwi assssrM pacific international lines (PTE) ltd f/g/l PIL Building, 140 Cecil Street #03-00. Singapore 0106. I JAKARTA 1 I BANGKOK < VESSEL wnv sin JUT SIN VESSEL VOV SIN BKK SIN t QUA ton MAS 01N If/4 19/4 24/4 SaWuS**
      1,721 words
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      Page 29 Advertisements Column 2
      1359 29 BEN LINE CONTAINERS LTD \[f 200 Cantonment Road Tel: *****22 L #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT lj VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG j FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Selandia t- 108 17/4 4/5 5/5 7/5 8/5 Benalfler*
      1,359 words
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      Page 29 Advertisements Column 3
      384 29 M MYANMA PBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg (A VIO7W SW In YITKYINA V427W 20/22 Apr »A AN VI62W 22/27 Apr at THE BANK UNE (A »«rvic« of Andrew Wolr Shipping) XT SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY XPRESS
      384 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      730 32 I f VSI Sn If rem iaib Ts7d Uuck TnPE jp CHAIM h marFha hv» ST «5 us is! 'SI Wi SI I, elun huoig ~a iTi 211 xl nT~~7i 1 ii ai ioT I7i —h V IT* isi* |[c vEßOtwt 7c~ iTi I§T ms ms jl tj ro USA
      730 words
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      Page 32 Advertisements Column 2
      1170 32 [OUTBOUNb Vo7 PKI PNG iKT SIN HKG KAO KEE TVO SM2 NGO KO6 VESSEL VOY |SIN |PKI PNC BIN SIN j AC X ROSE 12 20 4 "15 4 119 4 26 4 »1 IS JT" ICE BIRD T/T" 17 4 1( 4 20 4 19 4 22 4 TSK
      1,170 words
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      Page 32 Advertisements Column 3
      1633 32 Afe 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TCL 2*1900 2, MISTRI ROAD, HMC BUILDINC TELEX: RS ***** COSMIP #15 00. SINGAPORE 020/ FAX: 2261M6 CR NO: 1178/*****0 M CABLE: COSTARLINE General Agents: OOfTAR SHIPPING PIC LTD TO HOMOKONO ATM) CHMA VESSEL VOT I SGP HKC SUA XIN
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      Page 33 Advertisements Column 1
      1008 33 (JKC CONVENTIONAI SERVICE Vrtsel PKL FNC P C loJdinij fo> A VESSU »i', CHINA FULL CONTAINER SERVICE Vessel SCP PKI 8M HUG Oil* SHA YAMCIANGKOU 149 .*9 iH «0I u'fli 12 ui YANCfANGKOU 151 NO} WC> 0/08 IM» t&<* Also xcepMig Ot+Wf C>> n«*e S« HMG AUSTK ALIA Fl-I L
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      Page 33 Advertisements Column 2
      327 33 RICHFIELD MARINE AGENWS |S) PIT LTO a TEL *****33 (12 Lines) m PAX: *****15/*****03 rH TELEX RS ***** RISMIP (3 Lines) L* ZJ O ETHIOPIAN SHIPPING LINES 1/ (Nntuui.il lilies of f.thuipia) ACCEPTING FCI AND CONVENTIONAI 1 P5 KIEN HUNG LINE FULLY CONIAINERISEO FORTNIGHTLY lINER SERVICE TO MAURITIUS ANO SOUTH
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      Page 33 Advertisements Column 3
      1081 33 I SYDNEY/MELBOURNE BANGKOK SPORE J STP MEL VISSU yOY SINGAPORE 7 BANGKOK 15 164 i2e304 o? IJENLINK SIN Thur j lit Sun 1 "?14 !j 1* S INANTA mm VH (n jl9 4 j Don 1 224 1 '>."4 i 4 is i 2 3i?4 iru 1 i t j
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      Page 33 Advertisements Column 4
      470 33 i&najjaJ TBSR-line VSL VOY SINGAPORE I MADRAS SINGAPORE VESSEL VOY SIN MAA SIN •TICtF STAR IfcN 22 22 04 78 »04 (*IS TIGER BAY IS/N *****S 13U0S TIGER STAP 158N 06 06 OS 12 1105 20 20 OS VSL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL VO* SIN CAL SIN TIGER RIVER 127CN8 13
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      Page 34 Advertisements Column 1
      1296 34 MAC-NELS SINGAPORE 1 UP T TtL: *****22 ihpoht TEL *****02"! I PENANG TEL (04 *****6 KK TAVVAu TH (0B9) //8' P KELANG TfcL (03) *****?7 KUCHING TEL (08?) *****3 SKAN FEI (089) *****2 I |\~/\"VI J BAHRU TEL (0/) *****2 SIBU TEL (084 *****2 SAMIKFI TEL (004) *****6 V l
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      Page 34 Advertisements Column 2
      415 34 blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FI'UjY CONTAINKRISEIJ MONTHI.Y SAII.INdS DISCHARGING AT NKW IM.VMOI TH PORT CMAI.MKKS A< < KITIS<; K'l. Ml. FOR AU<'KI.ANI). NAIMKK. WKI.UNGTON. lll.l'FF, < HKIST< lIUK< H. DUNFDIN. LYTTKI.TON. INVBRCAKGII.. FIJI AND TAHITI SIN N PIY AUCK LVT MAHSURI OVH 22 Apr
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      Page 34 Advertisements Column 3
      1068 34 /ZP, THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH tarn Ivor Jet* |*st mm Tvor eta iest KIM SOON LI 14 91E 20
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      Page 37 Advertisements Column 1
      99 37 -—it could be a controversial deal between two stock market r stars, a thought-provoking report by university researchers on Lhc ,atcsl trans-European merger. f r FOCUS zooms in on the news and issues of the day and 7/t\ looks at them in more depth and breadth. J/ FOCUS is the
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  • Page 37 Miscellaneous
    • Miscellaneous
      Page 37 Miscellaneous Column 1
      308 37 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 *************************5001(*****0 ItOO 1900 2000 2100 2201 2300 JR 30 28 23 1.7 10 06 0 3 03 05 10 18 25 2 7 28 25 20 1.4 10 0 7 0 7
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      Page 38 Advertisements Column 1
      706 38 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKE JHR SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TOM,SEA PTL MING CHUN 123 15/04 17/04 18/04 H INNOVATOR JOE 13/05 16,05 19/05 TRANSWORLD BR 67E
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      Page 38 Advertisements Column 2
      628 38 CHARTPOINT Every Saturday in Business Times ftoMr Irwn Vct* I PNC I PKL MoMif Vm» Vo, I SIN I LAX 1 OAK I HOU I DAL I CHI I NO» I (KM NYC OUR USA Maiiyii* COL BHUM V WON -in ALLIGATOR COLUMBUS V~***** 22,4 lIS Hi 11,5 14.5 IS
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