The Business Times, 19 April 1991

Microfilm: NL17476
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Friday, April 19, 1991 75*
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  • NEWS SUMMARY
    • Article
      US trade deficit in February hits seven-year low
      45 1 FALLING oil imports and prices helped shrink the US trade deficit by about 25 per cent in February to U555.33 billion (559.38 billion), its lowest level in more than seven years, the US Commerce Department said yesterday.
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    • Article
      British unemployment worsening
      52 1 BRITISH unemployment took its biggest monthly jump last month since current records began 20 years ago. clouding the electoral prospects of the government. The number seeking work soared by 112,900 in March to 2.14 million or 7.4 per cent of the workforce, the British Department of Employment
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    • Article
      Union criticism
      34 1 UNIONISTS are expected to hit out at employers who have opposed the one per cent increase in CPF contributions for workers at the 7th NTUC Triennial Delegates' Conference next week Page 2
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    • Article
      US firm Mobil deal
      24 1 A LEADING US-based engineering company has won the contract to build Mobil Oil Singapore's US$6OO million petrochemicals complex Page 2
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    • Article
      Golf courses are a Hit
      31 1 PROMPTED by a low exchange rate and high economic growth, foreign investors and young professionals in Malaysia are pumping more money into golf courses Page 7
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    • Article
      Slower growth likely
      27 1 TAIWAN has entered a period of economic instability which spells much slower economic growth, says a Political Economic Risk Consultancy Ltd report Page 9
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    • Article
      US budget approved
      31 1 THE LOWER House of the US Congress has approved a US$l.46 trillion (Ss2 57 trillion) 1992 budget, rejecting a White House plan to slash benefit programmes. Page 9
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    • Article
      Upbeat Down Under
      26 1 ANALYSTS in Singapore are unanimous in their view that this is the best year to look at the Australian real-estate market Page 11
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    • Article
      Substation sensation
      18 1 THE SUBSTATION'S experiment with performance poetry, an entirely new mode of expression, has begun. Page 13
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    • Article
      Sindbad pulling out
      23 1 SINDBAD LINES, a subsidiary of Nedlloyd Lines, is pulling out of the SingaporeMadras trade this month. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      49 1 NEW YORK stock prices retreated slightly in busy selling early yesterday. The Dow Jones average of 30 industrials was down 0.01 at 3.004.45 in the first hour of trading. Volume on the Big Board amounted to 29.53 million shares in the first half-hour on the Wall Street.
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    • Article
      Footsie lower
      34 1 SHARES in London were slightly lower at midday yesterday in cautious, quiet trading vesterday. At about 1115 GMT. the FTSE 100-Share Index was down 1.5 points, or 0.06 per cent, at 2,543.5.
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    • Article
      P Resort signs pact
      28 1 PALM RESORT Sdn Bhd has signed an agreement with French hotel group Accor to manage its 350-unit suite hotel in Senai. Johor Pane 3
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    • Article
      Different styles
      34 1 JOHN WONG group managing director at Hong Leong Corporation and former managing director at IBM Singapore. Sri Lanka and India highlights the differences in management style between the two groups Page 3
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    • Article
      Too much, too soon
      36 1 THE STAGGERING sums of money flowing into Dubai's banking sector, following the liberation of Kuwait, have raised concern that the deposits are coming in faster than the banks can cope Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 740.77 +7.19 Kuala Lumpur ...595.56 +15.45 Tokvo 26.798.90 -181.47 Hongkong 3.699.26 12.25 Sydney 1.512.2 f22.5 Wednesday Change New York 3,004.46 +17.58 London 2.545.0 +25.5
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI.7550 10C) Yen SSI.2876 MS SS0.64I8 Money market rates Overnight 4 7/8 4/8 3-month 4-11/16% +2/16
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    • Article
      COMMODITIES
      40 1 London Gold AM fix US$361.20 USS0.20 Rubber S pore May 144.75'/kg unch M'sia May 225 '/kg unch KL Tin Turnover 70 tonnes +5 Spot MS 14.84 /kg +0.16 Crude palm oil Turnover 768 lots -24*) Mav MS750 /tonne I
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  • Article, Illustration
    JTC plans to revive huge office and retail project
    454 1  -  Views of consultancy firms sought By Lilian Ang THE JURONG Town Corporation (JTC) is planning to revive a massive multi-million-dollar office and retail project, shelved in the mid-1980s because of the recession and a soft property market. Several key consultancy Firms
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  • Article
    SFCCI plans meeting on revamp
    262 1  -  By Diana Oon THE PRESIDENT of the Singapore Federation of Chambers of Commerce and Industry (SFCCI), Mr G Ramachandhran. will call a meeting within a fortnight to discuss the possibilities of restructuring the federation. In a statement issued yesterday, Mr Ramachandhran said he welcomed the
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  • Article
    Eng Joo's criteria criticised
    340 1  -  The Chambers Controversy By Anna Teo TO DECLARE that the helm of the Singapore Federation of Chambers of Commerce and Industry (SFCCI) should go only to a Singaporean working in a non-foreign company is an insular approach that ignores the international character of Singapore business, say
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  • Article, Illustration
    Local stocks ride on Dow's gains
    239 1 PROPERTY and shipyardrelated stocks were the focus of attention yesterday as the Singapore stock market scored impressive gains for the second successive day. The Straits Times Industrials Index closed 12.33 points higher at 1525.85 after a 16-point advance in the morning was pared by
    239 words
  • Article
    Singapore to invest in HK real assets through DBS
    410 1  -  From Catherine Ong in HONGKONG SINGAPORE plans to invest billions of dollars in real assets in Hongkong, and DBS Bank will act as the government's merchant banker in this effort. The Finance Minister. Dr Richard Hu, told a press conference in
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  • Article
    SBC seeks partners
    88 1 THE Singapore Broadcasting Corporation (SBC) is looking for partners in Hongkong for television and satellite broadcast ventures. Acting Arts and Information Minister BG George Yeo said yesterday. At a press conference in Hongkong. BG Yeo said SBC "has been in touch" with its counterparts here including Hutchvision,
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  • Article
    Insights into Suharto
    90 1 ALTHOUGH President Suharto has been in power in Indonesia for more than two decades, he remains largely an enigma. Not much is known of his private life or his personal views on many issues that he addresses publicly as president. In 1989, he ordered an autobiography at
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      244 1 I WE ARE NOW OPEN AT: 'Ol \lt\ THE K>Kt \l OKI JWJH I Kl R Aircraft Schedule 29 Money Market 27 World Ne*rs 9 Commodities 28 Regional Co News 1 Cryptic Crossword 29 Regional News 7 Editorial 10 Regional Stock Markets 25 For market indices, editorial. Financial News 6
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      Page 1 Advertisements Column 2
      152 1 l.ET's make a deal. You Personal Finance Jobs don't need a easino. Just Investment A Singaporean takes a very j some toothpicks and a few The inevitable has big pay cut to come home hyperactive forex dealers. If happened. The STII has and give it a try after a you've
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      Page 1 Advertisements Column 3
      82 1 o i Compact A3-format Copier, minoua EfiS&uMfi Who shall be president? PglS Profiles of the five chambers, Pg 15 ivi .W, H'fNNf AiGNfRSMOPS *01-03/04 D»M Orchard T«l *****00* *01-02 Shaw Centra fl Ty T»l *****41 '•l-OaPotollt»no>»arx«T*l 233S1M*-01-368 Th« Porogon T»l: *****39 Vl» DIPT STORIS Do mo.u i«U>" W.imo! Mef-o ;Mon«o
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      4 1 Full report Pg 10
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  • HOME NEWS
    • Article
      Unionists critical of employers' opposition to rise in CPF rate
      354 2 Motion to be discussed at next week's NTUC conference EMPLOYERS who have opposed the one per cent increase in Central Provident Fund contributions for workers will be in for some sharp attack at the 7th National Trades Union Congress Triennial
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    • Article, Illustration
      Lee, Jayakumar head NTUC's May Day honours list
      246 2 SENIOR Minister Lee Kuan Yew, Law and Home Affairs Minister S Jayakumar, and Sembawang Group executive chairman Hsu Tse-Kwang head this year's May Day honours list. Mr Lee will receive the Distinguished Comrade of Labour Award, the labour movement's highest honour, at
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    • Article
      Leaders vying for 21 seats
      113 2 THIRTY union leaders, including the top echelon of NTUC, will be vying for 21 seats in its central committee, the highest policy-making body in the labour movement. Seeking a fresh mandate in the triennial election next week are NTUC secretarygeneral Ong Teng Cheong, NTUC president
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    • Article, Illustration
      Ivan Chong elected head of advertising body
      277 2  -  By Michelle Low AND THE winners are... Ivan Chong and his 15-strong committee who are now at the helm of the Association of Accredited Advertising Agents (4As). Over the past fortnight, j Gerry Pereira of J Walter Thompson and Mr Chong of Eureka
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    • Article
      US firm Badger clinches Mobil contract
      377 2  -  By Lilian Ang A LEADING US-based engineering firm. Badger Engineers. has clinched the coveted contract to build Mobil Oil Singapore's US$6OO million (551.05 billion) petrochemicals complex. And even as the company, a new-comer to the local scene, seals its contract with Mobil, it is
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    • Article
      Singapore, France submarine cable link-up by 1994
      242 2  -  By Dexter lee SINGAPORE and France have embarked on an US$BOO million (S$ 1.4 billion) optical fibre submarine cable project to link the two countries. The link-up was disclosed yesterday by Patricia De Suzzoni, France Telecom vice-president for international business services, at a
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      176 2 FLY EMIRATES-FIRST AND BUSINESS CLASS TO DUBAI /ni 1 Fly with Emirates to Dubai, a first class business and leisure destination. Relax in the comfort of our Airbus A3lO-300's. Stretch out in First Class head-to-toe sleeper seats or recline in Emirates' Business Class spacious sleeperettes. Sample classic cuisine from around
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      Page 2 Advertisements Column 2
      97 2 3 1 iflMHtl The empress placE i i CULTURE BY THE SINGAPORE RIVER k to x m COLLECTORS' ANTIQUE SALE 1 s Ming-Ching Porcelain J t f Blackwood Furniture J Oil Paintings From Silk Route All genuine items must go at very affordable prices Please come early to avoid disappointment
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Palm Resort signs on Accor for JB hotel
      347 3  -  By William Chia PALM RESORT Sdn Bhd, the leisure complex jointventure between Amcol Holdings and Kasugai Kanko Kaihatsu. has entered into an agreement with French hotel group Accor to manage the former's 350-unit suite hotel at Senai, Johor. The agreement, which was
      347 words
    • Article
      Lock icon Hicom sets aside M$359m for investments
      413 3 Bernama HEAVY INDUSTRIES Corporation of Malaysia Bhd (Hicom) has set a budget of M 5359 million (*****.6 million) for investments in this financial year ending March 31, 1992. Of that amount, M 5255 million would be for the expansion of existing investments and Mslo4
      Bernama  -  413 words
    • Article
      Lock icon Dunlop Estates profit plunges
      201 3 Bernama DUNLOP ESTATES Bhd, which has divested all its plantation assets in Peninsular Malaysia, has reported a significantly reduced group pre-tax profit of M 51.52 million (Sso.9 million) for the 11 months ended Nov 30, 1990, compared to M 530.42 million for the year ended Dec
      Bernama  -  201 words
    • Article
      Lock icon Faber holders urged to vote in favour of PLUS
      139 3 Bernama SHAREHOLDERS of Faber Ciroup Bhd have been told that the company's proposed acquisition of a 50 per cent stake in Projck Lcbuhraya Utara-Selatan Sdn Bhd (PLUS) and the restricted offer for sale by Cantuman Bahagia Sdn Bhd arc in their
      Bernama  -  139 words
    • Article, Illustration
      A tale of two management styles
      532 3  -  NPB's Breakfast Talk By Chuang Peck Ming WHEN MANAGERS at Hong Leong Corporation meet, the discussion is about what new business to get into and deal-making, according to Mr John Wong, its group managing director. But at IBM, where Mr Wong used to work,
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    • Article
      Folec clinches another deal from Canada's telecom group
      343 3  -  By Magdalene Phang FOLEC Communications is targeting sales of between $10 million and $20 million for Canada's Northern Telecom's Meridian PABX systems for this year. Folec, which is 30 per cent owned by the Keppel Group's Steamers Maritime Holdings, strengthened its business
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    • Article
      Renamed S'pore Fodder unveils ambitious plans
      284 3 LOSS-MAKING Singapore Fodder Company, now offieially Sun Corporation Ltd. has revealed ambitious plans in its memorandum of association subsequent to its takeover by the Siong Huatcontrolled Unicentral Group. If implemented fully, the plans will transform the company from what was primarily a fodder-making outfit
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    • COMPANY BRIEFS
      • Article
        Sateras unit to sell stake in Mabe Prop
        78 3 SATERAS Resources (VI) Bhd has announced that its 99.6 per cent owned subsidiary. Development Securities Sdn Bhd, proposes to dispose of its 55 per cent stake in Mabe Properties Sdn Bhd tor M 54.73 million. It said yesterday in a statement that
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      • Article
        New audit committees
        304 3 DBS LAND has formed its audit committee, which includes Vlr Hsuan Owyang as chairman and Dr Han Cheng Fong and Mr Lock Sai Hung as members. MALAYAN CRLDIT Limited has appointed its audit committee consisting of Mr Bernard Tay Ah Kong (chairman). Mr Ng Look Ai and
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      103 3 np* It's ANA I lotel Singapore for me I rom now on. J W ANA HOTEL SINGAPORE FOR THE WORLD'S MOST TREASURED WATCHES PATEK PHILIPPE Cortina One establishment in Singapore vhouses some of world s most The name: Cortina Watch Centre. of Patek Philippe-the largest in Singapore. Or. give us
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  • REGIONAL COMPANY NEWS
    • COMAPNY BRIEFS
      • Article
        Padaeng looks at Laos for mineral development
        65 4 PADAENG Industry Co is interested in developing mineral resources in Thailand's socialist neighbour, Laos, a company official source said yesterday. According to a report on the Bangkok Post on Wednesday, Laos proposed that Padaeng, Thailand's major natural resource company, become involved in bilateral
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      • Article
        Ink factory for Gudang Garam
        72 4 PT GUDANG Garam, a major clove-blended cigarette producer, plans to set up a printing ink factory and to expand its fine packaging paper plant, with a combined investment of around 35.5 billion rupiahs (5532.91 million). Mr Bintoro Tanjung, Gudang Garam's vice-president, said that the projects
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      • Article
        Yamaha sets up M'sian unit
        65 4 YAMAHA Corp, Japan's largest music instruments maker, on Wednesday announced the setting up of a subsidiary in Malaysia to manufacture compact disk players and other audio equipment. Yamaha officials said the company, also a leading audio equipment maker, has set up a wholly-owned subsidiary, Yamaha
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      • Article
        HP enters joint venture in India
        71 4 US-BASED Hewlett Packard Co and HCL Ltd, India's largest computer company, have agreed to combine their computer operations in India under a new unit, company officials said. Hewlett-Packard will pay 463 million rupees (5532.41 million) for a 26 per cent stake in the new
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    • Article, Illustration
      Bakrie in US$9m rubber thread deal with US firm
      401 4  -  From David Chew in JAKARTA PLANTATION GIANT Bakrie Brothers (B&B), on a recent expansion drive to be the Indonesian equivalent of Malaysia's Sime Darby, is moving aggressively downstream in the rubber industry. Through its cash-rich holding company United Sumatra Plantations (USP),
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    • Article, Illustration
      New World asks BOC to arrange financing for road project
      435 4 HONGKONG property tycoon Cheng Yu-tung's New World group has asked the Bank of China (BOC) to arrange HK$BOO million (SslBo million) worth of funding for a major Guangzhou road project following an apathetic response from other potential arrangers, the South
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    • Article
      Shangri-La calls a halt to Chiang Mai expansion plans
      585 4 SHANGRI-LA Hotel, a five-star hotel on the Chao Phya River bank, has decided to suspend expansion plans in Chiang Mai. due to an increasing surplus in hotel room supply and economic slowdown at home and overseas, The Nation reported on Wednesday.
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    • Article, Illustration
      Start of Cojuangco v Soriano fight for control of conglomerate
      855 4  -  The Battle for San Miguel From Al Labita Jr in MANILA FILIPINO industrialist Eduardo Cojuangco Jr's fight for control of San Miguel Corporation smacks of a long-term takeover strategy. Wielding his immense fortune and political clout as an ally of
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  • Page 4 Advertisements
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      158 4 BANKING, FINANCE 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 topics
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Coke posts record first quarter profits of US$321m
      369 5 NYT COCA-COLA Co, t heworld's largest soft-drink maker, has reported a 13.2 per cent earnings increase in the first quarter, to a record U*****.9 million (***** million). Mr Emanuel Goldman, an analyst with Paine Webber Inc, said the results were slightly better
      NYT  -  369 words
    • Article, Illustration
      Lock icon Henson sues Walt Disney over use of Muppet characters
      284 5 AP HENSON Associates Inc has filed a suit against The Walt Disney Co, charging the entertainment conglomerate with illegally using the Muppet characters created by the company's founder, the late Jim Henson. The suit, filed in federal court in Manhattan on
      AP  -  284 words
    • Article
      Lock icon Solvay raises dividend in spite of bad year
      373 5 Reuter BhI.GIAN chemical company Solvay et Cie SA said the beginning of 19m was difficult because of the economic consequences of the Gulf War. But in a statement it said the 6.4 per cent increase in its 1990 net dividend to 500
      Reuter  -  373 words
    • COMPANY BRIEFS
      • Article
        OmniCorp is protected, too
        65 5 OMNI Holding AG, which has court protection from creditors while it tries to repay debts of 1.71 billion Swiss francs (Ss3 billion) said its Holland-based unit. OmniCorp International BV. also had court protection. It said, following the decision by a court in Haarlem yesterday to grant
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      • Article
        Peugeot profits down 10.5pc
        87 5 THE FRENCH private car manufacturer Peugeot SA yesterday reported net consolidated profits for 1990 down 10.5 per cent at 9.25 billion French francs (552.86 billion) from 10.30 billion francs in 1989. Borrowings rose from 1.9 billion francs to 8.28 billion francs mainly because of an increase
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      • Article
        American forestry firms sliding
        67 5 RECESSION-struck North American forestry firms, now reporting first-quarter losses, or sharply reduced profits, will have to wait until the second half of the year for much improvement in their earnings, analysts say. Companies with a heavy pulp and paper emphasis may suffer even poorer earnings in
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      31 5 .JFOR SALE TAMAN PERINDUSTRIAN CEMERLANG FREEHOLD DETACHED FACTORIES IN JOHOR BAHRU. Price from M$ 1.280.000 onwards Singapore Sole Marketing Agent: 11 Collyer Quay. *13 01 The Arcade,lSsssaSSSsSss3 Singapore 0104. Fax *****31
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      335 5 FREEHOLD! m/> Arrive at Canary Park and imagine that you are (Jfh M l Uvln g ln the English Tudor era! H Consider rustic timber fences, pitched J roo£s and ornate recessed doors. But that's dL A not everything. It's all found in a lush tropical w yJwGm country landscape,
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  • FINANCIAL NEWS
    • Article
      Flood of funds takes Dubai banks by surprise
      534 6  -  From S N Vasuki in DUBAI St I N I I KS after the liberation of Kuwait, huge amounts of moncv are flowing into Dubai's banking sector. Informed sources told HI that the quantum of funds wa> a staggering I SSS billion
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    • Article, Illustration
      Lock icon A new banking order
      60 6 Reuter I)()/I \N mI world It-aders gathered in l.ondon on Monday for the inauguration of the I uropean Hank lor Reconstruction and Development, set up to stimulate free-market reform in I astern I urope. Its president, Jacques Attali, is seen here applauding a delegate s spvccli
      Reuter  -  60 words
    • Article
      Lock icon Heavy withdrawals at NZI branch for 2nd day
      138 6 Reuter III! Singapore branch of New Zealand-based NZI Bank l td faced heavy withdrawals for the second day yesterday as customers queued up to pull out deposits. The 80-member stall' was stretched to meet the heavy rush but all requests for withdrawals
      Reuter  -  138 words
    • Article
      Lock icon Dutch insurer says losses in UK unit will be limited
      244 6 Reuter INSURER Nationalc-Neder-landen NV. which merged in March with NMB Postbank Groep NV to form Internationale Nederlanden Groep NV, said losses at its Britishbased Orion Insurance Co unit will decrease by about a third after extremely disappointing results in 1990.
      Reuter  -  244 words
    • SMALL CHANGE
      • Article
        BankAmerica, Barclays joint cheque business
        68 6 BANK AMERICA CORP is to combine its global travellers cheque business with Britain's Barclays Bank pic to create one of the world's largest issuers of travellers cheque. Bank ot America National Trust and Savings Association said in a statement released in Kuala Lumpur yesterday that
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      • Article
        Hafnia optimistic
        59 6 I)\NISH insurance and investment group Hafnia Holding \/S said in a statement that post-Gulf War share and bond market uncertainty prevented it from forecasting group prospects for 1991 hut that it remained optimistic about the company's prospects. Hafnia earlier posted a 514 million crown (about SSI4I million) 1990
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      • Article
        Can't wait any longer, mate
        49 6 INSURANCE and financial services group GIO Australia, wholly owned by the New South Wales state government, is investigating options for its own privatisation. The NSW government has said the group will he privatised hut the insurance group is impatient for the process to begin.
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      • Article
        French firm does better
        51 6 ICTOIRK FINANCIAL Co posted a group share consolidated net result in of 1.83 billion francs (about ***** million), up by 5.2 per cent over the 1.74 billion francs of 1989. Consolidated sales were 58.38 billion francs last year, up b\ 15.1 per cent from the previous
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  • Page 6 Advertisements
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      86 6 Nobody has perfected the art of aerodynamic design more perfectly than Opel. So if you'd like to brush up against a masterpiece, take a test drive now. Mfcfcj iL. I*> Ma*. •««tNL M AA' r SsHH 1 I H iMiSifci 3ft '^Bkbß{b If. S| o^ L Kaifl 600 motors EIROK4RS
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Lock icon Investors pour money into Malaysian golf courses
      386 7 Johor, Penang and Selangor seen as booming sites AFP FOREIGN INVESTORS and young professionals in Malaysia are fuelling a boom in the development of golf courses, aided by a low ringgit exchange rate and high economic growth. A government report on the country's
      AFP  -  386 words
    • Article
      Tax revamp will benefit Thai exporters
      386 7 THE THAI government plans to revamp the country's tax system within the next six months to make it more equitable for taxpayers. The move is also aimed at reducing costs for Thai exporters in order to make the country's products more competitive on the
      386 words
    • Article
      Six oil palm plantations planned for Indonesia
      197 7 INDONESIA has slated 378.5 billion rapiah in domestic investment for six new oil palm plantation projects in Sumatra and Kalimantan, The Jakarta Post reported yesterday. The Indonesian Investment Coordinating Board (BKPM) said all six projects, licensed last month, would he developed under the
      197 words
    • Article
      ASC to give law enforcement top priority
      370 7  -  By Shoeb Kagda IMF AUSTRALIAN Securities Commission (ASC) will devote a substantial amount of its resources to law enforcement in the *****, in a bid to regain investor confidence in the country's financial markets, said ASC chairman Mr AG llartnell here yesterday. Speaking
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    • NOTE BOOK
      • Article
        Hungary to woo HK investors at show
        68 7 HUNGARY is to hold a four-tiay exhibition in Hongkong aimed at attracting potential investors from the British colony. The exhibition starting next Tuesday would be a showcase tor potential investment, trade and services, including a computer information service and audio-visual presentations promoting Hungary's
        68 words
      • Article
        Japanese school on Gold Coast
        70 7 THE AUSTRALIAN AUTHORITIES have given a Japanese business group the go-ahead to build what is believed to be the first secondary school in Asia for Japanese students, a spokesman for the project said in Sydney yesterday. The school, to be built on the Gold Coast
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      • Article
        Manila auctions off debt papers
        82 7 THE PHILIPPINE central bank has auctioned off US$75 million (S$ 132 million) in debt papers under a debt-to-equity programme to reduce the country's US$29 billion foreign debt. The convertible debt papers were sold at an average redemption bid of 53.1886 per cent of their face
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      • Article
        Protest against subsidy increase
        71 7 THAILAND, the world's leading rice exporter, has lodged a protest with the US over an increase in export subsidies for American-grown rice. State-run Radio Thailand yesterday quoted Commerce Minister Amaret Sila-on as saying he had written to the US Secretary for Agriculture, Edward Madigan, to protest
        71 words
      • Article
        Vietnam signs satellite deal
        40 7 ASIA SATELLITE Telecommunication Co Ltd, the Hong-kong-based consortium running Asia Sat 1, Asia's first commercial satellite, yesterday announced that it has signed a memorandum of understanding with Vietnam for the possible lease of a satellite transponder.
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  • Page 7 Advertisements
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      30 7 if vW I# Itv v Another Italian that hangs well. I COMPANY C.P. COMPANY BOUTIQUE TAMGS STUDIO (LEVEL 11 SCOTTS SHOPPING CENTRE, SINGAPORE 0922 SOLE AGENT HEIDSTONE TRADING PTE ITD
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      55 8 Experts Predict Tough Fight 'The Ultimate Showdown" BORLAND vs Lotus The showdown computer fans have been waiting for takes place on Monday 22/4/91 Referee: Victor Khoo Westin Stamford Hotel, Raffles Ballroom, Singapore 3.00 pm Call Leonard on 227 7088 for your ringside seat BORLAND 92 Tanjong Pagar Road, Singapore 020S
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  • THE WORLD
    • Article
      Lock icon Tokyo businesses cool to Gorbachev's appeals
      421 9 Japanese minister spells out terms tor aid and investment Reuter JAPANESE business has reacted coolly to Soviet President Mikhail Gorbachev's appeals for aid and investment, saying that although the Soviet Union has acknowledged its economic problems, it has offered no concrete solutions. Since the
      Reuter  -  421 words
    • Article
      Lock icon Soviet price reforms anger consumers, disappoint experts
      239 9 Reuter SOVIET price reforms, intended to 4ielp create a market economy, have fuelled consumer anger by filling shops with unaffordable luxuries and experts say they have done little to halt the country's decline. The reforms, masterminded by Prime Minister Valentin Pavlov, have lifted
      Reuter  -  239 words
    • Article
      Report forecasts slower growth for Taiwan
      371 9  -  By Harish Mehta TAIWAN'S economic miracle appears to be over. The count rv has entered a period of economic instability, which spells much slower economic growth, says the latest risk report of Political Economic Risk Consultancy Ltd (Perc). Economic growth dropped from nearly 12
      371 words
    • Article
      Lock icon Kremlin chief faces challenge
      256 9 FT SOVIET PRESIDENT Mikhail Gorbachev faces a potential challenge to his leadership from within the ranks of his own communist party when he returns from this week's visit to Tokyo. The hardline Soyuz (Union) parliamentary group meets in Moscow this weekend to consider calls by many
      FT  -  256 words
    • Article, Illustration
      Moment for prayer in Delhi's old walled city
      33 9 Indian Muslims praying in tlie upper gallerv of the main mosque in the old nailed city of Delhi to mark the Aidilfitri celebrations on Wednesday
      33 words
    • Article
      Lock icon US Congress deals budget blow to Bush
      294 9 AP THE US CONGRESS* Lower House has approved a US$l.46 trillion (552.57 trillion) 1992 budget that rejects President George Bush's plan to slash benefit programmes. By 261-163, mainly Democratic Representatives adopted on Wednesday a spending plan that shifts billions of dollars which Mr
      AP  -  294 words
    • Article
      Lock icon Industrial output growth in India slowing
      433 9 Reuter INDIA s political and economic turmoil is likely to cut industrial production and slow growth for the second year running, say economists. Industrial output growth was estimated at 4.0 per cent in fiscal 1991/92 (April/March), down from 6.0 per cent in 1990/91 and
      Reuter  -  433 words
    • WORLD WATCH
      • Article
        Tokyo may raise interest rates on loans
        64 9 JAPAN is considering raising interest rates on official yen loans to developing nations to cope with higher domestic interest rates, a Foreign Ministry official in Tokyo said yesterday. But details had yet to he decided as talks were going on between the Foreign
        64 words
      • Article
        Speculation surrounds Rocard
        68 9 FRENCH PRIMF MINISTER Michel Rocard has withdrawn two parliamentary Bills within 24 hours, increasing speculation that President Francois Mitterrand may he about to dump him. In both cases, aides said on Wednesday, it was because the legislation could not command a majority. Political commentators said the setbacks
        68 words
      • Article
        Mitterrand visiting Romania
        69 9 FRENCH PRESIDENT Francois Mitterrand was to begin a visit to Romania yesterday, becoming the first Western leader to visit the country since the overthrow of the late communist dictator Nicotae Ceausescu. During his 24-hour visit. Mr Mitterrand was to meet Romanian President lon Iliescu. give a speech
        69 words
      • Article
        Strike over pay dispute ends
        70 9 MORE THAN 700.000 workers ended Yugoslavia's biggest strike since World War II on Wednesday after the republic of Serbia's communist government caved in to pay demands. "The strike by metal, textile and leather workers of Serbia has stopped." Tanjug news agency said after Serbia's Parliament
        70 words
      • Article
        South Korean external debt up
        61 9 SOUTH KOREA'S external debt increased to U5532.42 billion (5557.1 billion) at the end of January because of its growing current account deficit. The Bank of Korea reported yesterday that long-term and short-term external debts rose by USS6O million and US$66O million respectively last December. bringing
        61 words
      • Article
        Italian industrial output down
        65 9 ITALIAN industrial production in February was down by 3.1 per cent from the level of the same month last year, the country's National Statistics Institute announced in Rome on Wednesday. But it added that February was exceptional, as industrial output for the year's first two months
        65 words
    • Article
      Lock icon E Europe seeing trickling Western investment
      307 9 AFP ALTHOUGH Eastern Europe's former communist states are now cry ing out for Western investment and know-how, the silence from the other side of the former Iron Curtain is deafening. According to the Viennabased Institute for International Economic Comparisons (WIIW). total Western investment in
      AFP  -  307 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      34 9 HENDERSON INDUSTRIAL PARK I TERRACE FACTORY W ifi WIBf 8 ill 11 3 m .ioliß in I a «Ban. 111 I Only 4 Units Left HONG FOK REALTY PTE. LTD Fax: *****37 Tel: *****55
      34 words
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      Page 9 Advertisements Column 2
      177 9 NAXOS CLASSICAL CD's Superb performances and sound at a very modest price "Our Rosette is awarded for enterprise and good planning to say nothing of good music making It is difficult to conceive of a better Telemann programme for anyone encountering this versatile composer for the first tune and coming
      177 words
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  • Article
    Not so fast, Mr Gorbachev
    517 10 EDITORIAL SOVIET President Mikhail Gorbachev's call for an Asia-Pacific forum to discuss security and other issues is not particularly new. The idea has to do with the core concept of Asian collective security, which was conceptualised by former Soviet President Leonid Brezhnev and redefined by
    517 words
  • WHAT THE OTHERS SAY
    • Article
      Politics and conviction
      209 10 LAST Saturday, Prime Minister Goh Chok long declared that he was looking around for potential ministers and Members of Parliament. I his is part of the tradition in Singapore of leadership renewal. But as the political leaders look ahead, they ought to be concerned that capable Singaporeans
      209 words
    • Article
      Political sacrifice
      120 10 PRIME MINISTER Goh Chok longs revelation that he needs to find replacement for 16 Members of Parliament who would likely leave the political scene with the coming general election may have surprised some Singaporeans. Leadership renewal or replacement is not an easy process. With a small population base,
      120 words
    • Article
      Malay progress
      175 10 MANY successful Malay businessmen and professionals are using their initiative and zeal to help raise living standards of the Malay community. I he problem is how to formulate specific leasible plans towards this end. with the help of the government, but without losing the spirit of self-reliance. I
      175 words
  • REGIONAL VIEWPOINTS
    • Article
      Fine balance needed
      152 10 THE negotiations on trade in semiconductors between Japan and the United States have entered the final stage. It is by no means desirable that Japan alone monopolise the world semiconductor market. We are hopeful that US makers become competitive and make an inroad into the Japanese market.
      152 words
    • Article
      Coming in from the cold
      182 10 POSITIVE actions arc still necessary by Teheran as well as by other nations before all is well again. I he hostages must be freed, and Iran could exhibit other signs that it has indeed abandoned use of terrorism in political-religious disputes. Mr Rafsanjani and his
      182 words
    • Article
      Justice for all
      171 10 UNDER the l abour Relations \ct. the workers must have exhausted all convention.il means of bargaining and mediation, slop b\ step, before the\ can go on strike. State enteiprise emplovces will he required to refer their disputes with management directly to an arbitration tribunal. What is objectionable
      171 words
  • Article, Illustration
    Exploring the mind of a president
    1498 10  -  President Suharto's autobiography is a treasure of insights into the thinking of a man who remains an enigma despite having ruled Indonesia sinee 1967. Although released in 198§. the book, which is written in Bahasa Indonesia, remains an interesting self-account. Yang Razali Kassim, in
    1,498 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      45 10 DOONESBURY BY GARRY TRUDEAU es)nAJF mi but r HAve &eu &WIN& Tnn Jnx mi.I'MNOTtXACW BPA FBM SIGNALS IHAI < qjpf MHAI JHZ New 1V ,'JOT QUI TE THF SAMf v M IS Y£T, SIP I'M 6IPI He I£FT BZH'NP MOTOP/iCll- 7 HMiou j emu, ivory INO
      45 words
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  • ANALYSIS
    • Article
      Lock icon Laying the groundwork for new political structure
      845 11  -  The US decision to send aid to the Kurds is seen as evidence of reward for the British and French military involvement in the Gulf War alongside American forces, and the US opening the way for the other two countries to maintain an
      IHT  -  845 words
    • Article, Illustration
      Lock icon Real prospects of a promised land
      782 11  -  Investors are Hocking to Australia, lured by wealth of another kind: land. As capital values decline, more investors are convinced that the time to take the plunge is now. Salil Tripathi reports Salil Tripathi AFTER a period of unprecedented growth, Australia's property market is
      Source: JLW Research  -  782 words
    • Article, Illustration
      Lock icon Gorbachev's plea falls on deaf ears
      689 11  -  Japanese industrialists and business leaders are unlikely to respond positively to Soviet leader Mikhail Gorbachev's plea for investment and aid. Steven Weisman tells why Steven Weisman NYT Declaring that Japan and indeed the whole world has a stake in his success. President Mikhail Gorbachev
      NYT  -  689 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      146 11 4 The money coupon below is worth $20,000 in our BT Investment Race Contest #1. Cut it out and collect the coupons daily-from April 15 to 19,1991 for a total value of $100,000. In the April 20, 1991 issue of Business Times, you will find a Contest Entry Form. On
      146 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      209 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE 4 PRINCESS rfex* ...now on Fridays and Saturdays From now on, our Chinese Porridge Buffet will be served only on Fridays and Saturdays from 10.30pm to 3.30 am but at the same old prices
      209 words
    • Advertisement
      Page 12 Advertisements Column 2
      284 12 Retreat into a world of classical charm Create traditions Indulge in Hnglish tea or evening cocktails F.njoy the repertoia- of our string quartet or solo pianist. Experience Hyatt Regency Singapore s new Scotts Lounge t. TWWfff w lhatt Rttfi-na 10-12 \<>CN K<ud Singjpun.' 0922 Td "33 IW MU v I
      284 words
    • Advertisement
      Page 12 Advertisements Column 3
      261 12 K^sssss "X J f jAt Seafood Theatre hlend ofCantonese and r v Thai cooking will surely /j^k*j delight \-ou Served amidst jrar JK a continental ambience y Pi H< m M V Secretaries' Week Sizzles at the Golden Landmark Hotel (22ml 26lfi April '91) Dose Garden Sichuan Restaurant Level 5
      261 words
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      Page 12 Advertisements Column 4
      294 12 mm mBH rjfu Scandinavian Buffet Lunch !y(Oq April 1-30 P® «V Noon 2.30 pm MjH Adult: $36++ jafifl Child below 10: $18 HM We serve the world to you at The Belvedere. Q^9j JE_ £9 Q/%andemri frfenpapors I9H klWtrtAtM<f M|a«v CT?*« I i* H) Orchard Ro*d Mil Td WhdfG m«
      294 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      735 12 TELEVISION AND RADIO "wmcwm<l »s* «iw»i' w— wuun—rummm, »*■*<■*--m. wr mm > *■■>» <**>& m mm mmmrnwmmmmm TitYlKnf! SBCI2 SBCa !?;g BUSINESS ON RADIO 1 1111 UCI I i:S l nUtt, l <u 551P*M U» «C. .titter BBC 88 9 i« VHF Band H 610 PM CNN International 11 I
      735 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Giving weight to Japanese menus
      531 13 Health conciousness overtakes the country most associated with'flavour enhancers' such as monosodium glutamate and sova sauce Asahi News Service A GROWING number of Japanese restaurant chains are beginning to print the nutritional contents of the food they serve, partly in response to increased awareness among
      Asahi News Service  -  531 words
    • Article
      Innovations in free verse in the works
      400 13  -  By Jennifer Lien TRUE to the spirit of experimentation and risk-taking at The Substation, a new. exciting project is in the works. Free Verse is an idea initiated by architect Ken Lou. T Sasitharan. a journalsit with The Straits limes and communications consultant
      400 words
    • Article, Illustration
      Stone's 'never say die' attitude pays off
      405 13 CHATTERBOX PERSISTENCE has paid ofl for Oliver Stone, who began directing JFK, his film about the assassination of John F Kennedy, this week in Dallas. Stone's requests to film from the Texas School Book Depository's sixth floor "sniper's perch", a window, were rejected
      405 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      235 13 AND ENTERTAIN A SECRETARIAL TREAT APRIL 22 TO 26, 1991 Treat your secretary to a superb lunch to show your thanks for all her assistance during Secretaries' Week. Set Lunch: S$ /<Y. 50 Per Person iXxiu Teppariyaki Special: S$ 40.00 Per Person (SJjubrrttt* <H>nll Buffet Lunch: S$ JLOO Per Person
      235 words
    • Advertisement
      Page 13 Advertisements Column 2
      183 13 wfu 'i i v v' y 1 1 m I The freshest, liveliest seafood place in town. You II have to go a long way to find seafood any fresher. Lunch: 12 noon 2.30 pm. Except Sunday. Dinner: 6.30pm 11.00pm. THK NMMIOI) r*\i I- I.fcVFL Z 1 111- PAN PAi
      183 words
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      Page 13 Advertisements Column 3
      196 13 SEjCKBIKXI'ES' week SPECIAL from 22nd MARINA BAY GOLF COUNTRY CLUB 6 Marina Green. Singapore 0101 For reservations please call: 221 -2811 MINTON IhrKr,l J u r o I lunch appointment every secretary should have in her diary. From April 22 27, Ihe Secretaries Set Lunch (S3o++). Includes homemade soup, unlimited
      196 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      569 14 Until you have flown SAS Euro Class, traditional Gammel Dansk liquor from the you have no idea how simple and pro- airport's food and spirits stores. You'll be ductive business travel to Europe can be. pleased to discover the tax-free prices at the And until you have flown SAS Euro-
      569 words
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  • FOCUS
    • Article, Illustration
      Who should be president?
      790 15  -  The Chambers Controversy Divisions in the SFCCI have resurfaced recently with a vengeance. A recent challenge to the leadership of the Indian chamber has been refuted. Who are the leaders of the chambers which cannot agree? Diana Oon reports Diana Oon THE Singapore Federation of Chambers
      790 words
    • Article, Illustration
      The Indian chamber
      128 15 Till Indian Chamber of Commerce and Industry was set up in 1924 as the Indian Merchants' \>souation and n has about S(H) members at present. Most arc traders and merchants. hut the chamber lias been trvine to attract professionals and other businessmen since last >ear. Mr I
      128 words
    • Article
      S'pore's oldest private sector rep body
      175 15 Establish* i) in ihj7. the Singapore International Chamber «»f ommerce and Indiistr) is the oldest private seetor representative bodv in Singapore. \t oiH- time it was the onl> Ixhlv representing trade interests of Singapore. In the Chinese members broke awav and began forming their
      175 words
    • Article, Illustration
      Body with 1,200 members
      139 15 THE Singapore Manufacturers Association (SMA) was formed in 1932 to promote the growth and development of Singapore manufacturers. Today it has close to 1.2(H) members, most representing small and medium-sized companies. Mr Robert Chua is the present president of the SMA. and the association's vice-president to
      139 words
    • Article, Illustration
      The Malay chamber
      112 15 THE Singapore Malay Chamber of Commerce (SMCC) was formed in 1956 and now has about 550 members, most of whom run small family businesses and partnership enterprises. Haji Jalil Haron, who has been president since 1988. is the director of a number of companies, among them ciaha
      112 words
    • Article
      Largest of the five
      333 15 THE SINGAPORE Chinese Chamber of Commerce and Industry (SCCCI) is by far the largest of the five groups in the federation of chambers. Membership at the end of 1990 was 5.250. with a mix of corporate and individual members. The 65 seats in the chamber's council
      333 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      237 15 BUSINESS TI MES TELEPHONE: 730-5771/5772/5773 FAX: 7H-4»i nOiir client, a major Kur<p«an hank with assets in excess of US$lOO billion and branches 111 over 1" countries, seeks a M\\l3K OORPCME MNHNG lor lis Singapore Itranch which is responsible lor the hank's activities in ASK AN. the Indian suh continent and
      237 words
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  • SPORTS
    • Article, Illustration
      Lock icon Player gears up to defend Senior Tour
      375 16 AP (iARY PLAYER has a target. "I won nine majors on the regular tour. I want to surpass that record on the Senior Tour." the little South African said on Wednesday. "That's my goal." By his own count. Player has eight Senior Tour
      AP  -  375 words
    • Article, Illustration
      Lock icon Shoemaker paralysed in car accident
      262 16 Reuter THE MOST successful jockey in the history of horse racing, Willie Shoemaker, is paralysed from the neck down following a car accident earlier this month, a hospital spokesman in Los Angeles said. Mr Shoemaker's doctor. Robert Watkins. of the Centinela Hospital Medical Centre. said
      Reuter  -  262 words
    • Article
      Widjaya wins; Heryanto hit by fever
      119 16 Euro-Asia Cup BENNY WIDJAYA of Indonesia completed only one match to win the Euro-Asia Cup yesterday, when compatriot Daniel Heryanto defaulted because of a high fever. The Euro-Asia Cup is a lead-in event to the Epson Singapore Super Tennis championship that starts next Monday.
      119 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      133 16 Mr S®* w,n 9 Wbye ■f Chief Engineer IT' i W^: FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. f f Uaw Leong Chin Senior Technician aV Aiff" THE BEST \ALI E >y /7 CALL: 748 7409 FOR ENQUIRIES. FAX: 748 7465 PHm HAPPBISI i as
      133 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      1334 17 Hit i*-, <7! ytaflHftflflHlfllßflHHHHHß YCH GROUP TODAY MARKS THE OFFICIAL OPENING OF YCH DISTRIPARK BY MR MAH BOW TAN, MINISTER OF STATE FOR COMMUNICATIONS AND TRADE INDUSTRY LEADING WAREHOUSING AND operation located in one of Singapore's premier niCTDIBIITiniI DADIf DDAi/lf>CC A industrial areas. Right from the time the finished am
      1,334 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      386 18 m(!ht mmmcmwmmhbbh YCH GROUP FROM SMALL LOCAL IMNSPOKUIION OUTFIT TO ONE OF SINGAPORE'S PREMIER LO6ISTKS OPERAFORS Established in 1955 as a small local transportation outfit, the YCH Group and distribution companies in Singapore, it has aggressively positioned itself as has since expanded to become one of Singapore's premier logistics a
      386 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      540 19 YCH GROUP CONGRATULATIONS AND BEST WISHES TO YCH GROUP OF COMPANIES ON THE OFFICIAL OPENING OF YCH DISTRIPARK 4 Cosmic A leader in insurance HOCK NAM SENG EMGRG WORKS 0 t 7, Joo Koon Way Singapore 2262 Progressive and professional management. Specialists who understand /o i- act oncn ti«. do
      540 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shipyard, property stocks take centrestage
      5185 20  -  By S N Vasuki THI DOW JON I S Industrial Average, the key indicator of the New York Stoek Exchange, crossed the 3000 mark on Wednesday lor the first time this year and this factor alone fuelled the rise on the Singapore market. In early
      5,185 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4201 21 Main Board Keppel Cocpn 785 +45 +6.1% Jurong Ship5C 910 40 +4 6% Semh Shipyard 685 35 5.4% OCBC Wt 95 240 +32 +15.4% SPH Foreign 1280 30 2.4 t S> UBS 1190 +30 2.6% Keppel C Wrts 486 +26 +5.7% Bousteadco 255 22 H
    4,201 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      212 22 Company Date Year Group Net Net taming* Cross ann to profit/loss (L) per share dividend ('000) (cents) OUE Apr I/ Dei 90 $?S033($9 149) 20 2(74) 16(11) DBS Apr 12 Dec 90 $286 348($250,338 60 4(52 8a) 16( 14 5a) Prima Apr 12 Dec 90 $26 196(124.815) 69
      212 words
    • Article
      INTERIM RESULTS
      252 22 Company D.t. im to pnMt/lm (L) Antah Htdgs Apr 10 Dec 90 M818.075(814,587) IS 5 l*n 91 M$5 2(2) Rashtd Hussam Apr 2 No» 90 M821,004 (810.862) Seal Inc Mar 30 Dec 90 M83,848(15.892) Tongkah Hldgs Mar 29 Dec 90 M$l,5141(8378) Boustead Mar 28 Dec 90 M817.902<M820 406)
      252 words
    • Article
      PRELIMINARY RESULTS
      634 22 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Perks Plant Apr 15 Dec 90 M$204 043($156.667) 52 1(40 5) 16(16) lurong Eng Apr 12 Dec 90 $4.424(J3.6/3L) 15 7( 15(75) MMC Apr 12 Jan 91 M$*****(J120.476) 11 2(162) 50(70)
      634 words
    • Article
      CORPORATE DEVELOPMENTS
      242 22 Apf 17 Keppel Corp and its subsidiaries have bought US-based Air Services International, a specialist in helicopter repairs and maintenance, for USJBm It has also formed Singapore-based Keppel Aviation Services. Landmarks Bhd has completed the acquisition of 50% of the equity of Saujana Hotel Sdn Bhd from Golf
      242 words
    • Article
      DIVIDENDS ANNOUNCED
      1511 22 Currant Ex Mis Pih TMhr TiWhr payaaaat data dm ptjaMi tha jav last paar Acma SITE Jun 5 Xm 17 Ml lOtTE Amtek Enf 6%TE(I) Apr 11 Apr 17 Apr 26 6%TE 12*TE Anno 5%TE Feb 25 Mar 7 May 15 12 5%TE 25*TE BAT 104 8% Apr
      1,511 words
    • Article
      APPROVED ISSUES
      233 22 Company Rights Issue Oufep Est Restricted issue of (88 514m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CULS) 1991/1996 issued on the basis of II nominal amourt of CULS tor every 3 ordinary shares of SI each held at nominal value Ei-date Apr Books dose Apr
      233 words
    • Article
      BONDS, LOANS & WARRANTS
      798 22 BONDS, LOANS WARRANTS Cm+mj Cmrmtkm piM Ctawnita tm fw cm wdkHfj sInti CAC Nt Before 26/4 93 1 warrant plus $3 09 cash Cauraway tl Caueway W 2/10/89 to 20/10/9* 1 warrant plus $0 77 cash or 1 warm* pta SO 77 nominal amount of loan stock dun N* Mm
      798 words
    • Article
      RECORD HIGHS & LOWS
      172 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Mi *****4 (18/4/91) (18/4/91) !S!£ !S2 ISi zn !S32i 1440 Mr *****3 (16/7'90) 1990 high: 1607 12 (27/3/90) 1990 tow: 981 07 (09/11/90) 1»® J®** iJiilME 1989 H«h: *****0 28/12/89) 1989 487 76 <»/12/») 1989 tow: ***** (4/1/89) 1989 tow
      172 words
    • Article
      PROPOSED ISSUES
      476 22 Company Rights Issue Mean* One-tor (no MSI 00 pet share Issue of 40m Cumulative Redeemable Preference Shares (CRPSl o* MSO 10 each at MSI per share with 10m detachable rSR on the basis of 1 CWS with 1 TSR lor every 4 CWS Man One tor tour «a
      476 words
  • Page 22 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Industrial and finance stocks hog the limelight
      4193 23 Bernama SHARE PRICES closed higher yesterday on good buying support following the record close on Wall Street overnight. The KI SE Composite Index added 15.45 points, or 2.66 per cent, to 595.56 while the Industrial Index was 24.17 points higher at 1145.12. Gains
      Bernama  -  4,193 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      413 23 BUSINESS TIMES TELEPHONE: 7 3 0-5 77 1 /5772/5773 FAX: 734-49 82 In IV Matter Of TV f«mp>iln Act, Cap. M mmi la The Matter of LKAOKR INDUSTRIAL PTK I.TD (la Valaatary IJqaldatlon) MKMBKR* VOLUNTARY WINDING-UP NOTICE IS HEREBY OIVEN, pursuant to Section 308 of The Companies Act, Cap 50.
      413 words
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      Page 23 Advertisements Column 2
      269 23 In ttw Matter of THE COMPANIES ACT, CAP. 50 And In the Matter ot TRI USAHA PRIVATE LIMITED At an Extraordinary General Meeting of TRI USAHA PRIVATE LIMITED duly convened and held at 100. Jalan Sultan #07-00 Sultan Plaza Singapore 0719 on the sth April. 1991 the Special Resolution set
      269 words
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      Page 23 Advertisements Column 3
      584 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF TRANS ASIA MARITIMES PTE LTD (INVOLUNTARY LIQUIDATION) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Sec* on 308 of the Companies Act, Cnapter 50, thai the Final General Meeting ol the Compary will
      584 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei ends five-day rally with 180-point drop
      2283 24 Reuter I'OKYO STOCKS closed lower yesterday, ending a five-da\ rally. with the Nikkei Average unable to elinib above 27.000. Optimism eail> in the morning spurred b\ New V ork s reeord elose above 3.CHMJ faded quickh, as worries over interest-rate direction helped trigger
      Reuter  -  2,283 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng fails to cross psychological 3,700 level
      2227 24 AFP Reuter SHARE PRICIS rose in quiet trading yesterday on the Hongkong stock exchange with the Hang Seng Index gaining 12.25 points or 0.34 per cent to close at 3.699.26. Turnover also rose to HKSI.6 billion from Wednesday s HKS992 million. Taking
      AFP; Reuter  -  2,227 words
  • Page 24 Advertisements
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  • REGIONAL STOCK MARKETS
    • All Ordinaries posts eight-month high
      • Article
        SYDNEY
        305 25 'I'HE Australian share market broke through the key 1,500-point harrier \esterda> to seore its highest elose in more than eight months following renewed optimism over Wall Street's record elose. Brokers said the 18-point jump in the Dow Jones index to an all-time high of 3,004.46, eombined with falling bond
        305 words
      • Article
        MANILA
        453 25 PHILIPPINE shares closed mixed yesterday as overnight gains in New York and some bargain-hunting supported the market against the week's downside bias. The Manila Stock Exchange composite index closed 10.43 points higher at 1.091.36 in spite of losses since midsession. Analysts see speculative trading blurring today's trend, noting that
        453 words
      • Article
        BANGKOK
        979 25 THAI STOCKS advanced to take the SET index through the key 900-point resistance level yesterday on heavy turnover with Wednesday's interest cut announcement by major banks a key positive influence. The index closed 14.23 points higher at 904.69 on turnover of 5.52 billion baht. Construction and real estate companies
        979 words
      • Article
        SEOUL
        721 25 SEOUL'S stock market closed lower across the board yesterday, breaching the expected supporting level of 630 in the absence of market moving news. The composite stock index ended the day at 625.89. down 6.66 points from the previous session. Turnover was thin at 78.4 billion won against 65.6 billion
        721 words
      • Article
        NEW ZEALANO
        150 25 NEW ZEALAND shares set a new closing high yesterday for the year although they came off the day's high in brisk afternoon trade. Brokers said the outlook remained good in spite of the size of the recent rally, as domestic interest rates plunged further. The Barclays Index rose
        150 words
      • Article
        TAIPEI
        493 25 THE Taiwan stock index finished sharply higher yesterday in active trade as investors crowded back to the market after the peaceful ending of a huge opposition protest on Wednesday. The weighted index jumped 239.05 points or 4.4 per cent to finish at 5.690.11 compared with Wednesday's 5.415.06 close. Turnover
        493 words
      • Article
        Untitled
        1708 25 (Iiiw IViiHft \pril IK SYDNEY ■Ml Ordinaries Index 1.512.2 4S *J Industrials Index 2..'52.1 -.31. Ml Reserves Index *71 0 *61.1 I urnover (million) 13 3 *2 114.16 H«.76 BANGKOK SI I Index "*>4 69 > W04fc 1423 I urnover (million bahtl 5.520 4.620 JAKARTA Ctxnpositc Index «nav Hosed MANILA
        1,708 words
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  • WORLD STOCK MARKETS
    • Dow crosses key 3,000-point level
      • Article, Illustration
        NEW YORK
        1356 26 AMFRICAN blue chips finished above the key 3.000 level on Wednesday, joining other indices in trading at record levels, as investors looked beyond the ailing economy and rushed to buy shares. The Dow 30 index ended up 17.58 points to 3,004.46, surpassing its previous record of 2,999.75 set
        1,356 words
      • Article
        FRANKFURT
        265 26 GERMAN share prices were mixed in early bourse trading yesterday as investors turned cautious before the afternoon's release of US Februarv trade data. IX'alers said early turnover was thin. They noted that investors also were waiting for news from chemical giant BASF in view of speculation that the company
        265 words
      • Article, Illustration
        LONDON
        747 26 LONDON SHARES were slightly lower at midday yesterday in cautious, quiet trading. Brokers cited a lacklustre performance in the stock index futures market. At about 1115 GMT, the Financial Times-Stock Exchange l(X>-share index was down 1.5 points, or 0.06 percent, at 2,543.5. Volume was 384.7 million shares at midday.
        747 words
      • Article
        AMSTERDAM
        323 26 DUTCH SHARES started lower yesterday as two major shares went ex-divi-dend, but dealers said the market was marginally firmer excluding that effect. The CBS general tendency index, which made a 1991 closing high of 97.3 on Wednesdav, was 0.2 lower at 97.1 at 0900 GMT. Chemical group DSM. down
        323 words
      • Article
        BRUSSELS
        185 26 BELGIAN SHARES started mixed in moderate trading yesterday, but dealers said the rise on Wall Street had given the market a firmer undertone. The Bel2o index of leading shares rose 0.21 per cent to 1,214.72 in trading worth a total of 137 million francs after the opening. Eighteen stocks
        185 words
      • Article
        ZURICH
        167 26 SWISS SHARES opened higher yesterday after Wednesday night's surge in US stock prices, but gains were limited as the Swiss economy was not expected to pick up speed before the end of this year. The SMI index of leading shares rose 8.2 points to 1,691.5 after about 10 minutes
        167 words
      • Article
        TORONTO
        303 26 TORONTO STOCKS focused on Wall Street, closing slightly higher on Wednesday in moderate trade after the Dow ended above 3,004. surpassing its previous record closing high of 2,995.75, dealers said. Players are becoming more hopeful of a drop in the US discount rate, they said. "There was some talk
        303 words
      • Article
        STOCKHOLM
        92 26 PRICES on the Stockholm bourse fell further in moderate early trade yesterday. which dealers said was slightly surprising after Wall Street's spectacular overnight gains. They said investors focused on higher domestic credit yields in reaction to larger-than-expected issues of securities and a reverse repurchase agreement in the morning. The
        92 words
      • Article
        PARIS
        246 26 FRENCH share prices opened slightly higher yesterday with domestic company news rather than Wall Street's overnight gains taking the market up. The CAC-40 index was at 1.832.96. up 3.51 points or 0.19 per cent at 0850 GMT. Traders said volume of about 500 million francs was heavy for that
        246 words
      • Article
        Untitled
        448 26 April 17 lm* PrrtimK NEW YORK Dow Jones 3.004.46 2.986 88 17 58 NYSK Financial 158 19 156 25 +1 94 SAP 500 190 46 387.62 +2 84 Turnover (million) 248 9 214 5 34.4 LONDON Financial Times V) 2.001.4 1.985 5 +15.9 ITSF 100 2.545.0 2.519.5 «-255 Turnover (million)
        448 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      40 26 Difficulty in getting a copy of Singapore Business, Her World, Go, Home Decor, Young Parents? Call our Hotlines 740-1839, 740-1840 for locations of nearest newsstands. I Chartpoint, a guide to investing in the stock market. Every Saturday in BT. I
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ inches up gainst the mark in Europe as uncertainty prevails
      1192 27 REPORTS THE US DOLLAR yesterday struggled to the top of a narrow one-pfennig range by the midsession but showed no signs of making a significant break in either direction. Dealers said uncertainty over interest rate policy in the US,
      1,192 words
    • Article
      MONEY MARKET
      399 27 Cross rates Apr 18 USS SS MS Dm Yen SFr AS N/S USS 1.7535 2.7335 1.6715 136.30 0.5605 1.4250 1.2829 1.6920 SS 0.5703 1.5589 0.9532 0.7773 0.3197 0.8127 0.7316 0.9650 MS 0.3658 64.15 0.6115 0.4986 0.2051 0.5213 ***** ***** Dm 0.5983 1 0491 1.6354 81.54 0.3354 0.8525 0.7675
      399 words
    • Article
      INTERBANK FOREX RATES
      577 27 Interbank rates SS Bid Offer Overnight 4 7/8 5 1-month 4 9/16 4 11/16 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-5/8 ISS Bid Offer 7 days 6 1/16 6 3/16 1 month 6 1/16 6 3/16 2 months 6 1/16 6
      577 words
    • Article
      Lock icon East bloc nations work on ways to revive Soviet trade
      372 27 Reuter EASTERN European countries are looking at the possibility of launching hard currency funds to revive trade with the Soviet Union and each other following Moscow's decision to scrap the region's barter commerce. Politicians are wary of creating a new
      Reuter  -  372 words
    • Article
      Lock icon Philadelphia exchange rejects CBOE offer
      142 27 Reuter j THE Philadelphia Stock Exchange board of governors rejected a US$6O million (Sslo2 million) offer by the Chicago Board Options Exchange (CBOE) to acquire Philadelphia's equity and currency options businesses, sources at the Philadelphia exchange said. "It is dead," said one source, who requested
      Reuter  -  142 words
    • Article
      FINANCIAL FUTURES
      1242 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.73 93.74 93.69 93.69 ***** ***** (Tt42 Sep 91 93.46 93.47 93.41 93.43 ***** 8407 2540 Dec 91 93.00 93.01 92.96 92.97 2500 9686 555 Mar 92 92.75 92.75 92.7IA 92.72 500 4975 55 Jun 92
      1,242 words
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  • COMMODITIES
    • Article
      Lock icon Europe profits from shipping tonnes of petrol to US
      453 28 Reuter A CHAIN of cargoes has taken around one million tonnes of petrol into the United States from Europe over the past few weeks, with more on the way although profits from the business are shrinking, European oil traders say. Petrol
      Reuter  -  453 words
    • Article
      Lock icon Ghana studying public, private sector roles in cocoa trade
      276 28 AFP THE Ghana government is not opposed to privatising the cocoa trade in the West African country, Paul Victor Obeng, a member of the ruling Provisional National Defence Council (PNDC), told the Daily Graphic in an interview published in Accra on
      AFP  -  276 words
    • Article
      Tin price climbs 16 sen in Kuala Lumpur
      847 28 REPORTS ON THE Kuala Lumpur Tin Market, business was done yesterday at MS 14.84 per kg (ex-smelter), up 16 sen from Monday on an official offering of 70 tonnes. Tin futures ended steadier yesterday in nil trading on the Kuala Lumpur Commodity
      847 words
  • Article
    PRICES
    1529 28 Rubber a p m8 RASJM in Mn) S cents/kg Noon Close Int 1 RSS Prompt I42 50/I43 50N 142.25/143 25N Int I RSS Mav 91 145 00/145.50 144 75/145 25 Int I RSS Jun 146.75/147.25 1 46.50/147.00 Int 2 RSS OP 142.25/144 25N 142.00/144 00N Int 3 RSS OP
    1,529 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      748 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 t > SiVOI. NEPTUNE ORIENT LINES LIMITED U5520,000,000 Floating Rate Notes Due 1992 in accordance with the provision of the Notes, notice is hereby given that forthe six months period from 19 April 1991 to 21 October 1991, the Notes will carry a rate
      748 words
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      Page 28 Advertisements Column 2
      393 28 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SUMKARON ENTERPRISES PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members ot Sumkaron Enter prises Pie Ltd duly convene and held on 15 Apnl 1991 at 10 00 a m at 51
      393 words
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      Page 28 Advertisements Column 3
      11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1143 29 Ctty FligM ETA FNgM ETI Dfcaki GA976 001( GA890 015( GA970 224f XlhWl QF7 1815 Amsterdam SQ23 1875 GA890 015C KL835 1415 KL836 2215 SQ23 1815 SQ24 2200 KL838 2240 A#** SQ45 0750 SQ24 2200 0A471 2205 ftatfclaai NZ35 1550 BA11 1255 SQ338 2030 SQ325 2115
    1,143 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Polishing up a tarnished jewel
      536 29  -  POSTCARD FROM RIO By Todd Lewan THE tourist brochures still show golden girls in it-sy-bitsy bikinis strolling along Copacabana beach. They don't show the beggars, muggers and prostitutes nearby. Postcard-famous Sugar Loaf Mountain still rises majestically out of Guanabara Bay, but the water now is
      536 words
    • Article
      MONEY CHANGER RATES
      154 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.360 1.380 Canadian dollar 1.515 1.S3S NZ dollar 1.026 1.056 Sterling pound 3.110 3.130 US dollar 1.7550 1.7650 Local dollars to 100 Knits of foreign currency Austrian schilling 14.70 15.70
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      76 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Apnl XVI International Buenos Chamber of (541 >*****4 Apn International Utrecht. Koninklijke (31)*****91 11-26 Furniture Aires Manufacturers 15-19 Packaging Netherlands Nederlandse Exhibition of Furniture Exhibition Jaartieurs Expomueble 91 Bacacav Apf) International Zagreb. Zagrebacki ********** 16-21 Consumer Goods
      76 words
  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      291 29 1 Left and that's ominous mJ U 5 Getting through can be so tedious (6) 9 Let off school in time (8) 10 The character of a person's IH correspondence? (6) 12 ill 12 Feeling no inset's a mis- L—J———LJ— ""■■i 13 eg Reserve backing materiA way the 17^ make
      291 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      220 29 Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 31.9* C Assoc humidity 69% Minimum temperature 23.0"C Assoc humidity 97% Hours of sunshine 2.65 Rainfall in mm 32.2 Rainfall this month 98.9 Rainy days this month 8 World forecast Asia-Pacific Hi/ta* Cond. Auckland 19/14 Showers Bangkok. 37/26
      220 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      28 29 ar-, urgf£yCßV TTM€ I COMfe «N*TO s G a I lUiS PLftCC I PMi. I'M G»*TcC.RfcSH IN G JeML -sIP 1 8400 C IVPIiIO tTAWPAWO CO. LTD- IttHWI
      28 words
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  • Article
    Freeze on building of new hotels in Shanghai to stay
    466 30  -  Investors will have to explore other projects From Yong Pow Ang in SHANGHAI SINGAPORE investors who are keen on the tourism industry in Shanghai will have to look beyond hotel investment into other related businesses as the freeze on new
    466 words
  • Article
    BG Lee to pay official visit to China
    144 30 THE Deputy Prime Minister, Brigadier-General (Res) Lee Hsien Loong, will pay a twoweek official visit to China from May 2, a statement from the Ministry of Trade and Industry said yesterday. BG Lee's delegation will be visiting Shanghai, Guangzhou, Shenzhen, Xiamen, and
    144 words
  • Article
    Lock icon Supreme Court stops San Miguel directors' election
    204 30 AP THE Philippine Supreme Court yesterday stopped a board of directors' election at San Miguel Corp after paving the way for President Corazon Aquino's estranged cousin. a political opponent, to regain control of the firm. The cousin, industrialist Eduardo Cojuangco, had asked the
    AP  -  204 words
  • Article
    Keppel Philippines unit moves into steel fabrication
    336 30  -  By Rahita Elias CEBU SHIPYARD and Engineering Works (CSEW). a member of Singapore's Keppel Group, has received the green light from the Philippine Board of Investment (BOI) to expand into steel fabrication. A new company, KMP Inc. with an initial paid-up capital of
    336 words
  • Article, Illustration
    Lock icon Declaration signed following bruising talks
    451 30 Gorbachev's visit to Japan Reuter SOVIET PRESIDENT Mikhail Gorbachev and Japanese Premier Toshiki Kaifu ended bruising talks last night on an emotion-charged territorial dispute, signing a joint declaration that at times had been in doubt. The summit in Tokyo went into an extra unscheduled three
    Reuter  -  451 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      174 30 Nikon The World's Finest Photographic Systems TO YOU IT'S A LUXURY CAR... FORTUNATELY YOUR FINANCE COMPANY DOESN'T THINK SO! Many a competitor has complained, the HOLDEN VIV Series has no business being in the low price range. But, that's what the HOLDEN is all about! Don't take our word for
      174 words
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      Page 30 Advertisements Column 2
      9 30 e Start of Cojuangco v Soriano fight, Pg 4
      9 words
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      Page 30 Advertisements Column 3
      23 30 Nikon The World's Finest Photographic Systems Tokyo businesses cool to Gorbachev's appeals, Pg 9 Kremlin chief faces challenge, Pg 9 Editorial, Page 10
      23 words
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  • ShippingTimes
    • Article
      Sindbad pulls out of S'pore-Madras trade
      401 31  -  Nedlloyd arm maintains feeder service to Madras in deal with BTL By Magdalene Phang SINDBAD LINES is withdrawing its vessel from the Singapore-Madras trade this month, leaving German carrier Bengal Tiger Lines (BTL) the only feeder operator running ships in this sector. The Nedlloyd
      401 words
    • Article, Illustration
      Passengers air their views to BA
      217 31 MORE THAN 40 key clients of British Airways attended the airline's second customer listening session. The clients, who were mainly First Class and World Class passengers, discussed with BA a wide range of topics, from flight schedules and aircraft configuration to caviar. Kevin Steele,
      217 words
    • Article
      Lock icon Air travel forecast to expand 3pc
      344 31 Reuter INTERNATIONAL air travel will grow 3 per cent this year despite the Gulf War and economic recession, the world's leading aircraft-leas-ing firm said on Wednesday. Guinness Peat Aviation, eager to boost confidence in an airline industry beset by problems, forecast travel would continue
      Reuter  -  344 words
    • Article
      Lock icon US travellers cannot sue airlines for emotional distress
      424 31 AP THE US Supreme Court barred air travellers from using an international treaty to sue airlines for emotional distress suffeicd in near-crashes that cause passengers no physical harm. The justices unanimously ruled on Wednesday that Eastern Airlines now owned by Texas Air
      AP  -  424 words
    • Article
      OOCL to launch a Far East-Australia service
      265 31  -  By Rahita Elias FOLLOWING the break-up of the AAOY consortium, Hongkong carrier Orient Overseas Container Lines (OOCL) will launch its own Far East-Australia service on July 1. Apart from OOCL, members of the consortium comprise Asia Australia Express, Australian National Line and Yangming
      265 words
    • Article
      Lock icon EFTA members want to limit car imports from EC in joint market
      310 31 Reuter EUROPEAN Free Trade Association (EFTA) countries want to restrict car imports from the European Community even after the two groups have forged a 19-na-tion single market. EC and EFTA officials said on Wednesday. EFTA. grouping Austria. Finland.
      Reuter  -  310 words
    • NEWS SUMMARY
      • Article
        Smart phones let fingers do the work
        44 31 A NEW generation of telephones will hit the market within two years. These smart phones allow callers to pay the electricity bill, order a pizza and see what department stores and supermarkets have on sale Page 2
        44 words
      • Article
        US Congress intervenes to end rail strike
        41 31 THE United States Congress has approved legislation that would order striking roalroad workers to immediately return to work while a special threemember panel considers outstanding issues between the unions and railroad companies Back Page
        41 words
      • Article
        Californian farmers suffer third major blow
        35 31 THE US railroad strike hits California's USSI7 billion agriculture industry just as it is recovering from a costly winter freeze and is still suffering through a drought... Back Page
        35 words
      • Article
        AMR Corp posts US$195 million loss
        26 31 AMR Corp. the parent company of American Airlines, said it lost USS 195.6 million in the first quarter Back Page
        26 words
      • Article
        Ups and downs at US telecom companies
        46 31 AMERICAN Telephone Telegraph Co. the largest long-distance carrier in the US, reported a modest gain in its net income for the first quarter. while GTE Corp. the largest owner of US telephone companies, reported a sharp decline Back Page
        46 words
    • LOG BOOK
      • Article
        Japanese shipbuilding orders from abroad fall
        73 32 JAPANESE shipbuilding orders from overseas dropped 11.2 per cent from a year earlier to 7.17 million gross tonnes in the year to March because of the Gulf War, the Japan Ship Exporters Association said on Tuesday. The association said orders for 148 vessels included
        73 words
      • Article
        US pressures Dutch airline
        77 32 A DUTCH AIRLINE said on Tuesday it has been pressured by the United States to cancel plans to lease US-made planes to Vietnam Airlines. US authorities have threatened to bar American companies from doing business with Transavia Airlines if it goes ahead with plans to lease
        77 words
      • Article
        Cuban train collision kills driver
        74 32 A SUGAR TRAIN collided with a freight train in central Cuba on Wednesday, killing a driver and injuring two rail workers, the Cuban domestic news agency AIN said. Three wagons of uncut sugar cane and two filled with processed sugar were derailed in the crash
        74 words
      • Article
        Toyota to export again to Kuwait
        68 32 TOYOTA MOTOR CORP will resume car exports to Kuwait to fill renewed demand by dealers after the Gulf War, a company spokesman said. Toyota will begin shipments in late May of hundreds of passenger cars and commercial vehicles, with total exports to Kuwait in
        68 words
      • Article
        Serbia acts to save airline
        84 32 THE YUGOSLAVIAN REPUBLIC of Serbia said on Wednesday it would use emergency powers to appoint a new board of directors to save the airline JAT, grounded for nearly a week by a strike by technical staff. Serbian Transport Minister Mile Pesic said Belgrade city authorities
        84 words
      • Article
        Daewoo shuts down car plant
        101 32 SOUTH KOREA'S Daewoo Motors Co shut down its jointventure car plant at Bupyong, west of Seoul, on Wednesday because of worker unrest. "We have decided to close the plant as it was now operating at a mere 20 per cent of work because of radical
        101 words
    • Article
      DAILY FREIGHTS
      1152 32 DRY CARGO brokers awaited a decision by the US Department of Agriculture to grant grain credits to the Soviet Union, which recently reapplied for funds. Firm time-charter fixings in the Atlantic and Pacific also gave support, brokers said. This applied to both panamaxes artd capesize vessels. The Baltic
      1,152 words
    • Article, Illustration
      Lock icon Smart phones let fingers do the work
      1345 32 A new generation of telephones will hit the market within two years. These phones allow callers to pay the electricity bill, order a pizza and see what department stores and supermarkets have on sale. NYT THE rotary dial telephone is just beginning to
      NYT  -  1,345 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      614 32 Cartoon I Cartoon Apr 15 DensityWater Residue Ash Alumnum Sediment DensityWater Residue Ash Akjnwwm Sediment MM MM Exxon Exxon KG M*3" V/V M M M M PPM method KG/M*3% V/V I M M M M PPM method BO/Cmc trots Spec E25 ***** 150 olo 30* 010*
      614 words
    • Article
      THE SHIPPING GUIDE
      12400 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      12,400 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        673 47 Vessel Voy Ito Berth Arrival Departure Vessel Voy No Berth Amval Departure Keppd Wharves Lampui* 4U91 M3A 1904/1530 19 04 2030 ATMohainmed 6 K30 alongside 1804/2300 Markham Bay 5/K M2C 19 04/0200 19 04/1500 East Rainbow 2 K31 alongside 1804/1500 Nat jna ***** M2B 1904/1530 1904/2300 Li
        673 words
      • Article
        CONTAINER SCHEDULE
        1286 47 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Ac» 12 19/1430 1 18/1500 18/1659 18/1900 Waiba 58 20/2300 1 18/1500 18/1659 18/1900 2 18/1700 19/0659 19/0900 4 19/1200 19/1459 19/1700 Areon *****N 20/1100 1 18/1500 18/1659 18/1900
        1,286 words
      • Article
        IN MALAYSIAN PORTS
        139 47 KiMMitan Port h the roads: berth 1: nil. berth 2: Dooyang Elite; berth 3: ml; berth 4: Sang Thai Timber, Ice Bird Pafcn oi berth outer Tomoe 565 Pafcn oi berth inner: ml. Mneral oi berth: M«n Glory. Service jetty: ml. Anchorage: Stolt Exporter. Jambongan tae on
        139 words
    • Article
      Lock icon US Congress intervenes to end mil strike
      405 48 Reuter THE United States Congress intervened yesterday to end a potentially crippling nationwide railroad strike that had begun earlier the same day. The Senate, following a vote by the House of Representatives, approved legislation intended to put an end to the shutdown. President
      Reuter  -  405 words
    • Article, Illustration
      Lock icon California farmers suffer third major blow
      447 48 Reuter THE nationwide railroad strike hit California's farmers just as they were recovering from a costly winter freeze and were still suffering through a fifth consecutive year of drought. The effects of the strike on California's agriculture industry, the United States' largest, will depend
      Reuter  -  447 words
    • Article
      Lock icon AMR reports US$195m deficit
      370 48 NYT AMR CORP, the parent company of American Airlines, said it lost U*****.6 million (SS34O million) in the first quarter, with the weak United States economy and Gulf War-related travel worries cutting passenger loads. Squabbles with its pilots' union, route changes and higher prices for aviation
      NYT  -  370 words
    • Article
      Lock icon AT&T profits up slightly, GTE posts sharp drop
      446 48 NYT AMERICAN Telephone Telegraph Co (ATT), the largest long-distance carrier in the US, reported a modest gain in its net income for the first quarter on Wednesday, while GTE Corp, the largest owner of US telephone companies, reported a sharp decline. Taking
      NYT  -  446 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      598 31 SSWEf HENG METAL CO PTE LTD U fUA3 AVE 14 SINGAPORE 2MX TELEX R9 ***** SHMCPI TEL: 001 M3s(SknM| tikfai mi 2W« f*M ungual btU4C«wrr<* J&Pvdnl IK to"**"' I.f.MJ JuMl I I I tiff kmMkmM AoU I llln Etacttc toltM Ifll jtnnLJ^khull 'OMUtira Bißsj //nU^P» I°"*** SWtlJirOM. IUUfM CoiWKto lIIAILAMOb
      598 words
Page thumbnail Page 32
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      Page 32 Advertisements Column 1
      114 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, f profiles of leading managers in Singapore and 1 [J relevant book reviews. I Sj F.NTF.RPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the S competitive
      114 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2354 33 JAROINE SHIPPING AGENCIES v■MM M 200 Cantonment Road #12 OS Southpotnt, Singapore 0208 \lllfr r«t *****11 ulex no rs ***** wmvmvi terminal,ces rei *****18 220 W BOOKINGS TH *****34 258 L VWyf J PESAKA JAROINE SHIPPING AGENCIES »W KEIANG TEL: *****18 TELEX MA***** MA***** PENANG TEL *****4 TELEX NO MA*****
      2,354 words
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      Page 33 Advertisements Column 2
      1304 33 INDEX TjUDVERTISERS Page Col I'.its. < <>l I A I M AIM' tmiaincrlinc 12 I 'K I rnig Accord (iroup X 1-3 Mac-Nds Agencies 14 1/2 AIS 15 2 Macolinc 9 4/5 Ahrcnkid l.incr 16 3 Madju Sdn Blul 15 1/2 Alfred C Tocpfcr 15 5 Macrsk Line 3 4/5
      1,304 words
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      Page 33 Advertisements Column 3
      2521 33 TRANSIT TIME FROM SINGAPORE TO HONG KONG 4 DAYS Vessel Voy ETA £fD 'Port 'Penang J KeUng DESTINATIONS Thi% io«i»s Maws* 9K>4 Feedc ]|^2^^&SS^DB^^^^SIE9C^HCD9BI2B!^^^S99H3^DCD3^S^^SHHiII Farro CFS ?3 4 900 MBS W OAK IGB HOU MEM ATL MiA CHS BAL PML NVC MON TOR LOUIS MAFRSK 9104 II I 4 II-
      2,521 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1318 34 T.. j ROTTEDAM/I =====1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HAMBURG EXPRESS 02/115 19/4 10/5 8/5 7/5 Liiijjl HANNOVER EXPRESS 02/315 22/4 8/5 10/5 13/5 14/5 All wfCTßftllMfl P KATSURAGI 05/116 25/4 16/5 14/5 13/5 tfti t Pf NANG CARGO THAMES 05/316 28/4 14/5 16/5 19/5 20/5
      1,318 words
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      Page 34 Advertisements Column 2
      592 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG ?tO3E 25/4 12/5 15/5 20/5 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA PAGO PACO APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI (PERU) L J BONTANG 2103E 25/4 3/6 4/6 7/6 9/6 10/6 Agents \UI#/
      592 words
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      Page 34 Advertisements Column 3
      1561 34 ES3 araa&ss& REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MANSOORAH 9107 3 21/04 11/05 12/05 17/05 18/05 19/05 20/05 21/05 22/05 ARABIAN SEA 108W 28/04 19/05 20/05 24/05 25/04 26/04 27/04
      1,561 words
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      Page 35 Advertisements Column 1
      2202 35 S/jSSteamers Maritime Holdings Ltd W P&O Containers MJ» IT u ACCEPTS DUE SAIIS Vuy No Pkl S ixjff Alg Sou Ant Ret Hbg riorn LEISE MAtfSK 9106 1304 1504 1904 0305 06 05 07 05 0906 CARGO CARDIGAN BAY J514 13 04 IS0» 2104 0705 0905 1105 STRAITS VENTURE VO6E
      2,202 words
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      Page 35 Advertisements Column 2
      2225 35 TO-113 *./PANAMA Mi: U S A /PANAMA ASIAN SfNAIOK ff lIS »4 I*s 1M "5 M o2£j3S"»»ll7* U 'W u" 214 22 4 lit CHOYANC CMANCI EF lit 27,4 22,5 24(5 2# lit M W 11/* ™n i. >4 iJ £4 s BREMEN SINATOB IF 11/ 4/5 2*5 1/5 M
      2,225 words
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      Page 35 Advertisements Column 3
      438 35 P//'JiWILW!g?Tfl!gg!WJaiWi STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL VOY SP PK KUC KK ORANGE OCEAN 9 Sid Sid lid EASTERN PEARL 3 "3 ZT "std "T^Pt" COSMIC CHALLENGER 6 19 4 111 jiTpt II CHAMPION TRADER ~~li 161 Z Z~ AMBALIKA 60 20l Z Z Z TWIN
      438 words
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      Page 36 Advertisements Column 1
      727 36 HIB CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY S PORE ROAM ADAM H BURG BREMEN ANTWERP KUTAI22W6 1 5 4,6 9« 14* 17/6 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|*ct to Inducement Al*o accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS.
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      1172 36 It ift $8L HANJIN SHIPPING rr—l.f H P'M AMR MAM ddw r (1 FEEDER VSL SIN LINE HAUL LAX OAK HANIIN LEHAWHE 01-w I n< HANJIN OAKLAND 01 IE 24 4 H ROTHROAM 014E 204 235 HAN NTONCMAIivI ifis w' -i I *1 I? r f HANJIN ROTTERDAM 014E *4
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      1547 36 J J -j T I, P L SCP HUG KSC KLG PUS HUT OS* NGr SMZ 'TO I** CHS BAI N»C IHV AN* ROM THP MBC PSO CMS PKL SCP I GREET RE OV 16 4 201 214 »< 714 #4 21 45 V 5 65 /5 5 «J 5
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      2121 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE *****10 FAR EAST SERVICE ***** <9 MK TERMINAL OFFICE *****22 DOCUMENTATION OEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS K27 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(OO) *****33, P. KetanQ-(03) *****87, Penana
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      Page 37 Advertisements Column 2
      1217 37 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 1 VHSELS yov |7n W I* 1 l 1 hBG fl"v Til
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      1489 38 K" v- ft AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) V w w TEL: *****77 TELEX KAWAKI R*****5 FAX *****79 I M Mj MALAYSIA -K-UNE MARITIME (MALAYSIA) SDN BHD I MV W*J TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 wmmmm kawasaki kisen kaisha ltd Indonesia
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      Page 38 Advertisements Column 2
      1371 38 \jm PHM OMNT LIN€S PT€ LTD ll 108 ROHINSON ROAD #0/ 00 GMG BCJII DING SINGAPOHfc 0106 X TF-l *****22/2238/69 *****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MLMBLR OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 29 APR 26 APR DUBAI.
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      1859 39 PACIFIC INTERNATIONAL LINES (PTE) LTD mSSSSSSS Jm JHV P'L Building, 140 Cecil Street *03-00, Singapore 0106. I JAKARTA I f BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOV SIN OKK SIN KOTA JADE 9108 21/4 23/4 27/4 INGENUITY 129N 20/4 23/4 27/4 B Owi ainfi io,« 21/4 KOTA BINTANG 9110
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      1278 39 <Y BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY'SCAN SWEDEN Bunga Permai 118 23'4 11/5 13/5 14/5 Toyama' I_l6 24/4 16/5 17/5
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      Page 39 Advertisements Column 3
      526 39 B t a l r i— j h v 14■1■ i 1 M MYANMA IpHßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg < MYITKYINA V427W 20 22 Apr HP* AN VI62W 22,27 Apr THE BANK LINE (A Mcvtc* ©I Andrew Weir
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      806 42 TO AUSTRALIA/NEW ZEALAND VSI Sn Ff.m Me b [m I Audi [nPE lf> CHAIM MARTHA II JM il "IJI 771 JOl IFi lii TuTiTHuoic^o Til TTs m H BRUSSEL 271 Tftl 15 TiTb 14 s. 1?6 TH 2U c verolme ?72 Til Til Til TiTfc II t7 TO USA/CANADA VSL
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      1016 42 imn EXTORI^^ION3(WCTAIWA^HAPA^TWICTOEKU^^^^^^MARCC^trait^EEDERERVIC^^^ OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TYO SM2 NCO KOB VESSEL VOY |SIN |PKI PNG BIW SIN TSK CHORUS 188 '20 4 19 4 24 4 28 4 3 5 4 5 4 5 55 EQUATOR PRIDE 88A 20 4 22 4 25 4 ACX
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      187 42 P.T. UNITED SHIPPING ORGANISATION LTD X OMiaiItCUURStIIVICK X JAKARTA SURABAYA? DIRECT REGULAR SERVICES TO JAKARTA t SURABAYA ■it Accept cargo*! to all other Indonesian porta with tranihlpntent at Jakarta or Sura hay a. DESTINATION ETA ETD VSL JAKARTA 21/4 22/4 P KALIMANTAN 24/4 25/4 P SUMATERA W 30,4 1/5 P
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      Page 42 Advertisements Column 4
      1798 42 S CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE T c jE"» 2, MISTRI ROAD. HKIC BUILDING TELEX: RS ***** COSHIP #15-00, SINGAPORE 0207 FAX: 2261*6 CR NO **********0 M CABLE: COSTARLINE General Agents: COSTAR SHIPPING PTC LTD TO HONGKONG AND CHINA r— —i VESSEL VOT SCP HKG SHA 'XIN
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      964 43 UKC CONVENTIONAL »EKVICE vessel PKI PUG P G loading tor VESSEL 28 04 Rotterdam Antwerp CHINA roil CONTAIN** SERVICE Vessel SGP PKL BKK MKC QIN SHA *ANGFANGKOU 1« 29 04 A) 04 o.'Ob 12 0b 16 OS YANCfANCKOU lil 29 OS JO 0b 0/0b 12 0b lb 0b Also jccefrting
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      Page 43 Advertisements Column 2
      330 43 MARINE AGENCIES (Sj PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National l ines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL i MASSAC A \t rSANi "Ah \RI ASSAD MASSAttA PJ KIEN HUNG LINE I FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS
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      Page 43 Advertisements Column 3
      820 43 P. T. PUL INTERNATIONAL LINE FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ PLB
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      Page 43 Advertisements Column 4
      864 43 SYDNEY/MELBOURNE BANGKOK VISSCL VOY SPORE SYP Mil VESSEL VOY SINGAPORE BANGKOK PLANE TA_ 2-1/5 16 16/6 20 22/5 NANTA BHUM 37N In Pt 194 Moo 22/4 PIYABHUM 0704 1415/5 27 29/5 312/6 SENJA BHUM m w i IPLANEIA 0849 2-3/6 15 17f6 19-21/6 ClO oullM I -I SIRI BHUM# 481N
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      Page 44 Advertisements Column 1
      1392 44 A. A MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 |j PENANG TEL (04) *****6 kk TEL. (008) 24??b0 TAWAII TLI (089) //86/9 P KELANG TEL (03) *****7/ KUCHING TEL (08?) *****3 SKAN TEL (089) *****? I-NVyVM J BAHRU TEL (0/) *****2 SIBU TEL (084)*****2 SARIKEI TEL (084) *****8 1
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      Page 44 Advertisements Column 2
      425 44 HHHHBHQPHHIII 111 if j.ij j M t lN m' iiikWuiIIMMiiA^KAAJALLiA^W ffgfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKIUSKD MONTHLY SAILINGS DISCHARGING AT NKW PLYMOUTH POUT CIIALMKRS ACCKPTING M l. 1.(1 FOR AUCKLAND, NAPIKR, WELLINGTON. BLUFF. CHKISTCHURCIL DL'NKDIN. LYTTHLTON, INVKRCARGIL, FIJI AND TAHITI SIN N PLY
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      Page 44 Advertisements Column 3
      480 44 /m THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) m Tel: *****22 Fax No: *****73 iMi ft 1% s] THONG SOON LINES PTE LTD. i« i 0 f fag* NOTICE OF REMOVAL Due to our business expansion and In order to serve
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      Page 44 Advertisements Column 4
      342 44 OUR NEW CONSOL TO CALCUTTA a r7JF CHITTAGONG ALSO CONSOLS TO: BANGKOK EUROPEAN PORTS WEEKLY HONG KONG (AND CHINA) SERVICE JAKARTA KOPER (YUGOSLAVIA) 2 SAILINGS PER MONTH AUCKLAND COLOMBO (AND INDIAN 3 SUB-CONTINENT) I SAILINGS DUBAI (AND MIDDLE f PER MONTH EASTERN PORTS) PORT LOUIS AND DURBAN CALL FRATA SHIPPING
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      Page 45 Advertisements Column 1
      719 45 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Kelang Singapore E Msu THOMASEVERETT 20/22 Apr 23/25 Apr KARABIEVERETT 12/14 Ma* SHAPLAEVERETT 25/2/ May 28,30 May "EVERETT ORIENT LINE" XUEA
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      Page 45 Advertisements Column 2
      541 45 VSL VOY_ S PORE MAINLINER ItAX IKST [SAV [NYC~[HFX~I ZIM ALEXANDRIA 66C 27 4 /IM HAIFA 26 S 4 6 7 6 9 4 111 2IM SINGAPORE »E 3(5 2IM KEELUNG 106 19 6 22,6 24 6 24 4 2IM YOKOHAMA lit lib 21*1 KEELUNG 104 19 4 22 2«,4
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      Page 45 Advertisements Column 3
      817 45 SING KWANG HANG SHIPPING TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE I VESSEL SPORE JAKARTA SURABAYA EQUATOR MAS V 0?N 24/4 21!4 [jENWEL V |26/4 |29/4 VESSEL SPORE BANGKOK A VESSEL 20/4 23/4 |~A VESSEL 24/4 27/4 DESTINATIONS ETA SINGAPORE PORT KELANG 26 4 91 MANILA 20 4 91 HONG KONG
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      Page 45 Advertisements Column 4
      627 45 fa PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASFTIA I6JA IN PORT ?1 04 JATIDHI 928 ?0 04 23'04 p HASt i lA I6SA ?5'04 ?B'o4 JATIOIH 9?9 ?//04 30.04 TANTO UTAMA 157 ?0 04 23 04 TANTQ U T AMA
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      Page 45 Advertisements Column 5
      435 45 SIN FAD EAST 26/4 KEELUNG/K AOHSIUNG 20/4 BANGKOK 19/4 MANILA CEBU 20/4 JAKARTA BELAWAN/SURABAYA 20/4 PORT KELANG/PENANG/E. Malaysia 22/4 BUSAN 21/4 TOKYO/YOKO/KOBE/NGO/OSA 22/4 HONG KONG SIN CHINA 22/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI/XINGANG Tl AN JIN/QINGDAO/HAIKOU also accepting LCL cargo S|N Ell HOPE/UK 20/4 LDNFLX/LVP/SOU 20 4 RDM HAM/ANT/LE HAVRE/GENOA/OSLO also
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      Page 46 Advertisements Column 1
      644 46 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P.T. ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI IV 4078 19 APR 21 ARR TAKARI I 1696 22 APR 24 ARR TAKARI IV 4080 25 APR 27 ARR TAKARI I 1696 29 APR 01 MAY
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      Page 46 Advertisements Column 2
      315 46 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN, SHARJAH, DOHA, MUSCAT. BAHRAIN. ABU DHABI. BANDAR ABBAS. JEDDAH FAR EAST ACCEPTING FCULCL PENANG. P KELANG. JAKARTA, BANGKOK. HONG KONG. TAIWAN, JAPAN MANIIA, KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS, TILBURY. ABERDEEN. LE HARYE. HAMBURG. ROTTERDAM. ANTWEP, GOTHENBURG. COPENHAGEN
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      Page 46 Advertisements Column 3
      621 46 SHIPPING CORP. SDN BHD l2Sm PT KLAUS TEL 63 *****06 |6 llms| f** *****) I VHDC/ PE6A66 TEL *****129 SKA* TEI 089 *****2 \t/ SHU TEI 064 *****2 TAMAU TEI 089 *****9 KK TEI 066 *****0 KIICH TEI 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE FEtDtW VOT PEN PHI [SIN
      621 words
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      Page 46 Advertisements Column 4
      834 46 CUJlconmvmTEßmopniS 1 J LCL/FCL SERVICE FROM f HI ffi] [SA W CUM op*r*l** ovw 600 t*rmin*t*/ofllo** in U.SJL II jflßi m CUJI maintain* ovw 35,000 tractor* A truck*. II ilßi M CUM mtvw owor 60,000 point* in USA [mrwh m raUab< lcw:cLMrvk9M 77BWST/A/K— a/) PENANG KL: allied-LINK SINGAPORE: /-t4V\ I
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      Page 47 Advertisements Column 1
      766 47 more frequent fughis worldwide I HEW ZEALAND/FIJI I VESSEL Jkt PK| -Ph *lkk Sta Stan «KkXM Fl|l|A| N Ply«iulk|A| Tlwr. LfOtttMlH Oim*li|l| k«* NtNltflM|C| Tiar»fi N Rouen 9108 19 4 19 4 204 22,4 6,5 13/5 8 5 9,5 10 5 10/5 11/5 12/5 13/5 N Rotterdam 9109 27/4 294
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      313 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 ****************************************1900 2000 2100 2200 2300 JR 2.9 32 32 29 2.4 1 7 1.1 06 04 03 04 08 15 2.0 2.3 24 23 19 1.5 12 10 1.1 13 1.7 PP
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      717 48 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 I SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL WAN HAI 203 012 21/04 23/04 24/04 H EXPLORER 25E 20/05 23/05 26/06 TOWER
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      Page 48 Advertisements Column 2
      758 48 CHARTPOINT Every Saturday in Business Times f OFFICIAL NOTICE 1 We, Margo Shipping Pte Ltd of 460 Alexandra Road, No. 25-04 PSA Building, Singapore 0511, hereby give notice that In consequence of the purchase of the undermentioned vessel, we have applied to the Registrar of Singapore Ships, under Section 386
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