The Business Times, 26 April 1991

Microfilm: NL17476
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times MC I (P) 16/12/90 Friday, April 26, 1991 75*
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  • NEWS SUMMARY
    • Article
      Soviets agree to co-sponsor M-E peace talks with US
      65 1 SOVIET foreign Minister Alexander Bessmertnykh yesterday accepted a US proposal to co-sponsor a Middle hast peace conference with the United States, and announced plans to visit Israel next month. Mr Bessmertnykh said that the Soviet response to the US plan was
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    • Article
      M'sian postal services to be corporatised
      31 1 MALAYSIA'S Postal Services Department is expected to be corporatised on Jan 1 next year. Energy, Telecommunications and Posts Minister Datuk Seri Samy Vellu said yesterday.
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    • Article
      Need to labour on
      24 1 THE LABOUR movement has unfinished business that needs urgent attention. NTUC secre-tary-general Ong Teng Cheong has told workers Page 2
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    • Article
      Regional office opened
      27 1 A NEWLY-FORMED thermoplastic elastomer company has set up a regional office in Singapore to tap the promising TPE market in the AsiaPacific Page 2
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    • Article
      France backs Viet bid
      33 1 FRANCE is to propose Vietnam's re-admission to the International Monetary Fund and offer to pay part of its debt during a meeting of the organisation's interim committee Page 7
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    • Article
      Bad news for US
      43 1 THE US ECONOMY is expected to have contracted at a sharp 2.6 per eent annual rate in the first three months of the year, reflecting broad-based weakness brought on by a recession in full suing, say economists Page 9
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    • Article
      Recovery forecast
      30 1 THE IMF is optimistic that the world economy will begin to recover this year and believes the US should move cautiously when considering interest rate cuts Page 9
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    • Article
      Bedevilled links
      16 1 HISTORY has a strange wa\ of haunting Australia's relations with South-east Asia Page 11
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    • Article
      Pilots urge support
      37 1 AN INTERNATIONAL body I representing airline pilots has urged Singapore to support a proposal which seeks to prevent commercial aircraft from being shot down when they stray into restricted airspace. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      33 1 WALL STREET headed lower early yesterday, generating no follow-through to Wednesday's late rally. I he Dow Jones average of 30 industrials dropped 17.32 to 2,932.18 in the first hour of trading.
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    • Article
      Footsie lower
      28 1 SHARES were little changed in London at middav yesterday. At 11(X) GMT. the FTSE 100-Share Index was down 1.4 points, or 0.06 per cent, at 2.457.2.
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    • Article
      Wearnes sells stake
      29 1 WEARNE Brothers Ltd has sold its remaining 49 per cent stake in ALR International (Ptc> Ltd to an American associate. Advanced Logic Research Inc Page 3
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    • Article
      UOB in HK tie-up
      34 1 THE UOB group has teamed up with Mok Ying Kie. a doyen of the Hongkong stockbroking industry, to set up a new stockbroking joint venture in I lonekong Page 3
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    • Article
      New position for Phua
      29 1 CHARLES PHUA. who has resigned as managing director of Haw Par Trading, will join lnno-Pacific's whollyowned trading subsidiary. Poon Guan, as managing director Page 3
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    • Article
      Global network plan
      34 1 NINE US brokers, represented by International Securities Clearing Corp. signed an agreement with Citibank earlier this week to form an infrastructure for clearance, settlement and custody of securities worldwide Page 6
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    • Article
      STOCK INDICES
      29 1 Ihursday Change BT-MGA 747.26 +5.12 Kuala Lumpur ...591.4S +0.61 Tokvo 26.038.86 -291.35 Hongkong 3.594.38 -10.91 S>dncy C losed Wednesday Change New York 2.449.50 +19.05 London 2.488.6 -15.2
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.***** 100 Yen SS i.2<H)3 \1S SS 0.6455 Money market rates Overnight 4 13/16% -t-7/16 3-month 4 3/4 unch
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    • Article
      COMMODITIES
      40 1 London Gold AM fix USS35VOO -USS2.90 Rubber S'pore Ma\ I45.75 c /kg I.IH) Vl'sia May.... 226.00*/kg +0.50 KL Tin Turnover 87 tonnes +17 Spot MS 15 45 /kg +0.42 Crude palm oil Turnover 1.054 lots -805 May MS790/tonne -6
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  • Article, Illustration
    Company directors look to insurers for cover
    579 1  -  Risk of legal action mounts By S N Vasuki Diana Oon COMPANY DIRECTORS are showing growing interest in insurance protection against any legal action that might be taken against them by shareholders and others. The surge in interest in insurance coincides with the
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  • Article, Illustration
    First woman for Supreme Court Bench
    506 1  -  By Elaine Koh THE SUPREME COURT will see the first woman on the Bench with the appointment of Ms Lai Siu Chiu as Judicial Commissioner. Ms Lai. 42. would also be the youngest person on the Supreme Court Bench, said a statement from the
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  • Article, Illustration
    STII crosses into pre-Aug 2 ground
    166 1 SPURRED by a bullish overnight performance by Wall Street, the benchmark Straits Times Industrials Index crossed into pre-Aug *2 ground yesterday when it closed at 1553.94 points. The day before Iraqi tanks rolled into Kuwait on Aug 2. the ST index stood at 1557.76
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  • Article
    Record Sim paid for HDB shophouse
    270 1  -  By Lee Han Shih A NF.W and potentially lucrative sector of the property market stole the limelight yesterday when a Housing and Development Board shophouse in Bukit Batok was sold for a record SI million. At 158 sq m. the two-sto-rey shophouse at the
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  • Article
    Lock icon Indonesia's analysts wary about listing of state cement firm
    300 1 Reuter INDONESIA'S privatisation programme i> finally underway but share analysts are wary about the first issue a eement firm saying that the government's tight monetary policy is still hanging over the market. State-owned P T Semen Gresik will offer 40 million
    Reuter  -  300 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      205 1 |H '/I'editing Tucfanje 111 ■HI $220.00 mil /><■/ hihlr iIMBb 1 I FREE FLOW of stunt. beer\ sojt ilnnks A <7< It i \ltn 111 hi frit i Hong Kong Dion Xin 1 rjj| \i< I Yinin ('hin\; Kmul ft/fo'w Junw% How!) TJ, I Smt{ii[><HC J-VW tel. _V),S l~* 11
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      Page 1 Advertisements Column 2
      111 1 EI. meets David Bellamy children. And parents have to j o fo s TV show host. share the blame. The Cairo-based general environmentalist, and manager of Singapore incredible coffee drinker Personal Finance Airlines talks about the perils and finds out just what Investment an d pleasures of being a makes
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      Page 1 Advertisements Column 3
      50 1 Compact A3-format Copier. fjl ii\A jpj. 'I i •> apf 1 >. I i T* r-m l H u* r < I a.tcstonr BOLOGNA^TAUA V t -r. -t-* y*" AT A. TESTONI BOUTIQUES #01-15/16 Hilton Hotel Shopping Gallery Tel: *****55 #03-28/29 Mandarin Hotel Shopping Arcade Tel: *****38 Halley \s Departmental
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Mobil and BP raise pump prices
        84 2 BOTH Mobil and British Petroleum have followed the lead >et by Shell in raising pump prices. Mobil and BP raised retail pump prices of leaded and unleaded petrol b\ 3.1 cents per iitre last night. In statements released yesterday, both Mobil and BP said
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      • Article
        W L Gore opens S'pore office
        58 2 A US-BASED specialist in filtration products. VV I Gore dt Associates, has set up an office in Singapore to tap business in the Asia-Pacific. W L Gore said the Singapore office, which opens today, cost Si.s million to set up and is expected to
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      • Article
        More grants for Mendaki
        63 2 IN THE light of the recent tuition hike at Singapore tertiary institutions. Mr Zainul Abidin Rasheed. the chiet executive officer of Yayasan Mendaki. announced that the government would provide another 51.4 million in grants to Mendaki to ensure that no Malay/Muslim student would be denied a
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      • Article
        US business council chairman
        29 2 MR DENNIS HOUSTON, managing director of Esso Singapore. was elected chairman of the American Business Council of Singapore at a meeting yesterday. 7 /-ts a
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    • Article
      Singapore to buy $ 4m rescue system: Dr Yeo
      169 2 Singapore to buy 4m rescue system: Dr Yeo SINGAPORE will acquire a S4m satellite-aided search and rescue system in the next two years as part of its contribution to cooperation in search and rescue operations in the Asia-Pacific, says the Minister for Communications. Dr Yeo Ning Hong. In his keynote
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    • Article, Illustration
      Teng Cheong raises four issues that need urgent attention
      482 2  -  NTUC 7th Triennial Delegates' Conference By Chuang Peck Ming THE LABOUR movement has unfinished business that needs urgent attention, labour leader Ong Teng Cheong told workers on Wednesday. It still has some way to go with flexiwage; to protect workers' rights
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    • Article
      Labour MP given unfair coverage, say unionists
      323 2 THE Straits Times w as scolded yesterday by unionists for being "grossly unfair" in its coverage of a labour Member of Parliament when he raised the issue of low income workers recently. One participant at the National Trades Union Congress's 7th Triennial Delegates'
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    • Article
      AES sets up regional office in Singapore
      250 2 A NEWLY-FORMED thermoplastic elastomer (TPE) company has set up a regional office in Singapore to tap the promising TPE market in the Asia-Pacific. Advanced Elastomer Systems (AES) was formed in January through a merger of the TPE businesses of Monsanto and Evxon Chemical.
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    • Article
      Local manufacturers to benefit from TQP package
      246 2 WITH quality increasingly becoming top priority, the Total Quality Process (TQP) package would he a boon to local manufacturers. Launched yesterday in conjunction with PB Packaging's "100 per cent" Day. this programme of seminars, courses and consultancy sessions was jointly developed by the
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    • Article
      Three win Amex awards for outstanding journalism
      183 2 AMERICAN Express presented the Amex Journalism Awards yesterday as a token of its reeognition of outstanding journalism. Recipients were The Sew Paper 's Irene Hoe for articles on women and rape. Berita Harian's Nooraini Hamzah for her Mendaki articles, and Shin Min Daily
      183 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Wearnes sells its stake in ALR International
      495 3  -  Sale to US associate ALR Inc valued at USs6.72m By William Chia SINGAPORE multinational Wearne Brothers Ltd has sold its remaining 49 per cent stake in ALR International (Pte) Ltd to a US associate, Advanced Logic Research Inc. ALR Inc, in a press
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    • Article
      UOB Ltd selling Aussie property
      118 3 UOB LIMITED, the merchant bank owned by United Overseas Bank, is offering one of the largest industrial investment properties in Melbourne for sale to recover money owed to it. Acting as mortgagee in possession, the bank is marketing the property, which is controlled by one
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    • Article
      UOB opens Hongkong stockbroking venture
      346 3  -  From Catherine Ong in HONGKONG THE United Overseas Bank (UOB) group is expanding its operations in Hongkong with the opening of a new stockbroking joint venture today. Through United IBV, its 50 per cent owned merchant banking subsidiary, UOB has taken a 60 per cent
      346 words
    • Article
      Haw Par MD for Inno-Pac group
      354 3  -  By Lilian Ang HAW PAR Trading's managing director Charlie Phua will soon join Inno-Pacific's wholly-owned trading subsidiary, Poon Guan. as managing director, bringing with him at least three other traders from the Haw Par group. Mr Phua. who sent in his resignation earlier this
      354 words
    • Article, Illustration
      Profits for Kian Joo soar as it hits strategic bull's eye
      633 3  -  THE HOCK LOCK SIEW COLUMN Bv William Chia KIAN JOO Can Factory Bhd, traded on Clob Internationl, appears to have hit upon the right strategy. The company, which is highly favoured by analysts for its solid can manufacturing business,
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    • Article
      Singapore to gain from Prudential's capital injection
      310 3  -  By Quak Hiang Whai SINGAPORE will benefit from an additional US$25O million investment capital which US-based Prudential Insurance Company recently injected into its investment and merchant banking arm. Prudential Asia. In a statement yesterday. Prudential Asia said this additional amount, targeted for private
      310 words
    • Article
      Fuji Offset proposing 1-for-2 bonus issue
      153 3 Ft'Jl OFFSET Plates Manufacturing Ltd has proposed a bonus issue in the ratio of one-for-two. The company said in an announcement yesterday that the proposed issue, subject to the approval of the Stock Exchange of Singapore, will be made by partly capitalising the share
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    • COMPANY BRIEFS
      • Article
        Woodhouse receivers put up M'sian refineries for sale
        106 3 THE LIQUIDATOR of British commodity group Woodhouse. Drake and Carey Ltd. has offered two of Malaysia's largest refineries for sale. The sale of Kupak Sdn Bhd and Olinco Sdn Bhd. via closed tenders which closed last Friday, attracted bids from several US.
        106 words
      • Article
        General offer for UAB stake
        178 3 BANK OF COMMERCE Bhd, which has entered into an agreement with Bank Negara to acquire the central bank's 78.5 per cent stake in United Asian Bank, is making a general offer to acquire the balance of the entire issued and paid-up share capital of UAB.
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      • Article
        Dunlop's pre-tax profits plunge
        123 3 DUNLOP ESTATES BHD said 1990 group pre-tax profit fell to V 153.8 million from V 1530.4 million in 1989. Announcing its audited results on Wednesday. Dunlop Estates added that group turnover tumbled to M 593.7 million from M 5249.5 million previously. Dunlop Estates disposed ot its
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      Page 3 Advertisements Column 1
      151 3 4*l Which hotel will you stay in, daddy A i ANA HOTEL SINGAPORE V, -Ml Mill "MM-..I I"-' t 11, I. I>. li.M Kfv 1 VIM tl.O I 11l I 1,-U-N \N MISIN JIM l«i "'J U-- FOR THE WORLD'S MOST TREASURED WATCHES J" f JK,JfI houses some of the
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Swiss Bank Corp to buy 25pc of Lippo Securities
        57 4 I.IPPO Securities, the securities and investment banking arm of Indonesia's Lippo Group, said it is selling a 25 per cent stake to Swiss Bank Corp. The company is capitalised at 22 billion rupiah (about 5520.2 million) but officials were unable to
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      • Article
        Made-in-Laos Suzuki bikes
        73 4 SANTIPHAB Intertrade Center Co Ltd. a Laotian-based joint venture involving Nomura Trading Co Ltd of Japan and Laotian company Santiphab. will assemble small motorcycles from Suzuki Motor Corp. a Nomura spokesman said. The plant, the first for motorcycles in the tiny Com-munist-run state, will be completed in
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      • Article
        Thai Oil gets US$ 50m loan
        55 4 THAI OIL Co has secured US$5O million (5588.85 million) in subordinated financing and a SIOO-million revolving credit and loan facility. The subordinated financing was arranged by Chase Manhattan Asia, the merchant banking arm of Chase Manhattan Bank, with Orix Corp, Japan's largest leasing firm,
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      • Article
        BHP's Skua-8 strikes oil, gas
        62 4 THE BROKEN Hill Ptv Co Ltd said the Skua-8 well in the Timor Sea has intersected a 47 metre oil column and a four metre gas column. BHP Petroleum, the operator of the well, said Skua-8 would be completed as a producer and tied into
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    • Article, Illustration
      Lock icon HK bourse vows to fight watchdog body
      247 4 AFP THE HONGKONG Stock Exchange vows to retain its autonomy and fight against any controlling attempts by a government watchdog, exchange officials said. They were echoing a statement late on Wednesday by the exchange's chief executive, Francis Yuen, that the local bourse would
      AFP  -  247 words
    • Article
      Hyundai group faces critical strategy choice
      360 4 THE HYUNDAI group, the undisputed heavyweight of South Korean industry, is facing a critical choice, reported the The Japan Economic Journal. The group must decide whether to try to consolidate its position as the country's top car maker, shipbuilder and construction concern, or expand
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    • Article
      Lock icon Atlas Mining sees no net profit rise
      210 4 Reuter THE PHILIPPINES' biggest copper producer. Atlas Consolidated Mining and Development Corp Ltd, expects its net profit to continue to fall in 1991 or, at best, remain level with last year's. Company president Rogelio Salazar told reporters after the annual stockholders' meeting on
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    • Article
      PT Astra International triples after-tax profits
      341 4 PT ASTRA International, the holding company of more than 80 firms, reported on Wednesday a very robust performance last year, with after-tax profits of 237.5 billion rupiahs (*****.5 million), or nearly three times as much as the 85 billion rupiah earnings in 1989. The
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    • Article, Illustration
      Inter-Continental wants to manage hotel on Pearl Island
      237 4 THE Inter-Continental Group is negotiating a possible management agreement for a one billion Thai baht (Ss7o million) luxury hotel on Naga Noi Pearl Island in the Andaman Sea, according to Mr Tinakorn Hiranprueck, president of the Naga Pearl Co, which owns the
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    • Article
      Lock icon A Kajima agrees to buy Manila hotel
      199 4 AFP ALLIED KAJIMA Ltd. a Japanese-Hongkong group, yesterday agreed to buy the Philippine Plaza Hotel in Manila for 1.5 billion pesos (5595.3 million), but the sale will still have to be approved by various government agencies before it is sealed, said Feliciano Belmonte,
      AFP  -  199 words
    • Article
      Lock icon Phuket hotels suing over pollution
      198 4 AFP FIVE hotels are suing two offshore mining companies for spoiling beaches on the Thai resort island of Phuket and repelling tourists, a civil court official said on Tuesday. The hotels are claiming a total of 240 million baht (5516.9 million) in damages from Thung
      AFP  -  198 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      60 4 Samsonite lias a great offer that will come in handy. Buy one of our sleek, modern looking Focus attaches at a 20% discount and get a FREE business portfolio as well. Hurry while stocks last! Available at department stores and luggage shops. C O Samsonite j v v <)ur Strfiiifths
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      Page 4 Advertisements Column 2
      286 4 I NOTICE I I TO WHOM IT MAY CONCERN I I 11 X2O FT CONTAINERS AND 1 CASE, DESTINED FOR BAGHDAD, I IRAQ, VIA AQABA, OR KUWAIT, PRESENTLY AT PORT OF SINGAPORE AUTHORITY CONTAINER TERMINAL, TANJONG I PAGAR, SINGAPORE I I Details of the cargo are U I 10 X2O
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      Page 4 Advertisements Column 3
      8 4 In don firms stalk Eurobond market, Pg 6
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Profits still distant for stealth fighter makers
      443 5 Reuter THREE US aircraft manufacturers will not reap the huge benefits of a new US$6O billion stealth fighter contract until the mid-*****, but the contract assures them a firm stake in military production for years to come, analysts and officials said. The solid
      Reuter  -  443 words
    • Article
      Lock icon Exxon's first-quarter profits up
      264 5 AP EXXON CORP, the largest American oil company, reported on Wednesday that its profits jumped 75 per cent in the first quarter, the latest in a string of double-digit earnings increases reported by US oil giants. Earnings rose to U552.24 billion (553.96 billion), or $1.78 per
      AP  -  264 words
    • COMPANY BRIEFS
      • Article
        Du Pont posts 4pc drop in net income
        96 5 EI Du Pont de Nemours Co reported earnings declined four per cent in the first quarter. The company said declines in its US chemicals-based business more than offset increased earnings from sales of petroleum products. Net income fell to US$59O million (Sslo4B
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      • Article
        Procter & Gamble up 5pc
        81 5 Procter Gamble up 5pc PROCTER GAMBLE Co, one of the world's largest packaged-goods companies, said third-quarter earnings rose five per cent to US$424 million, or US$l.l6 per share, from US$4O4 million or US$l.l4 a share a year earlier. Quarterly sales rose 11 per cent to US$6.B billion from US$6.l2 billion,
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      • Article
        No dividend from Olivetti
        117 5 OLIVETTI Co SpA's decision not to pay an ordinary share dividend for 1990 after announcing a 70 per cent drop in net profit will probably send its share price tumbling further when the Milan market reopens today, analysts said. The omission of the dividend and the
        117 words
      • Article
        Wang pares net loss
        137 5 WANG Laboratories Inc, citing extremely adverse market conditions, reported a net loss in the third quarter ended March 31 but managed to pare its loss from a year ago. "The combined effects of recession in many parts of the world, events in the Middle East and
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      • Article
        Brewer triumphs over beer tax
        75 5 EVEN FOR a quarter when higher excise taxes hurt beer sales, Anheuser-Busch Co, the largest brewer in the US, reported record sales and profits. First-quarter earnings rose 10 per cent to U*****.9 million, or 70 US cents a share, from U*****.5 million, or 64 US
        75 words
      • Article
        ICI profits 52pc lower
        109 5 IMPERIAL CHEMICAL Industries pic said most of its markets remained depressed and there was no sign of any upturn. "Our results reflect the recessionary conditions in many markets. The first half is likely to remain difficult but some modest improvement in demand is possible later in
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      • Article
        Zenith blames loss on economy
        35 5 ZENITH Electronics Corp. the only US television maker, on Tuesday reported a U5523.7 million loss for the first quarter, which it blamed on the depressed economy and system-wide inventory reductions.
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      274 5 I NOTICE I I TO WHOM IT MAY CONCERN I I 140 X2O FT CONTAINERS OF TEA DESTINED FOR BAGHDAD, I IRAQ, VIA KUWAIT, PRESENTLY AT PORT OF SINGAPORE I AUTHORITY CONTAINER TERMINAL, TANJONG PAGAR, M SINGAPORE I Details of the cargo are I I 28 X2O ft, ex MV
      274 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Gulf bankers pledge to restore confidence
        72 6 HEADS of Gulf Arab central banks and monetary agencies have pledged to work together to restore confidence in their banking system following the Gulf crisis. The Gulf News Agency reported that their one-day meeting in Riyadh on Tuesday concentrated on increasing financial ties between
        72 words
      • Article
        Sedgwick opens Budapest office
        100 6 THE LONDON-BASED Sedgwick group, Lloyd's number one insurance brokerage, has opened an independent office in Budapest, the MTI News Agency reported on Wednesday. Sedgwick Insurance Brokerage and Economic Consultancy offers clients the policies of 11 insurance companies based in Hungary and advises them of the most
        100 words
      • Article
        Losses for syndicate investors
        104 6 INVESTORS in two of the largest Lloyd's of London marine insurance syndicates may be asked to fork out around £100 million (Ss3ol million) to cover huge losses in the 1988 year of account. Industry sources in London said on Wednesday that a Willis Corroon pic unit,
        104 words
      • Article
        Talks on money laundering
        77 6 A TEAM of Ecuadoran bankers will head for New York today to meet US bankers about stopping drug traffickers trying to launder their drug profits through banks. Ecuadoran Finance Minister Jorge Gallardo said in Quito on Wednesday that the effort came about after the US government
        77 words
    • Article
      Citibank link-up helps US brokers clear global trades
      236 6  -  By QuaK Hiang Whai INTERNATIONAL Securities Clearing Corporation, representing nine US brokers, signed an agreement with Citibank in New York earlier this week to form an infrastructure for clearance, settlement and custody of securities worldwide. The nine broking houses are: ABD Securities;
      236 words
    • Article, Illustration
      Lock icon Indon firms stalk Eurobond market
      420 6 Reuter INDONESIA'S big companies are stalking the European convertible bond market and analysts say they could soon try out other ways of using equity to raise loans. So far the foray into convertibles has been less than a glittering success. The only two issues so
      Reuter  -  420 words
    • Article
      Lock icon Big US banks fear reforms will bring retaliation
      343 6 Reuter BIG US banks eyeing expanding European business opportunities fear planned US bank reforms will set in motion retaliation and international banking trade barriers, bank executives said. The US Treasury Department's proposed US bank reforms would give broader powers to banks, increase
      Reuter  -  343 words
    • Article
      Lock icon AGF profit up by 5.2 pc to 2.7b francs
      191 6 AFP FRENCH insurance group AGF said on Wednesday that its net consolidated profit rose 5.2 per cent last year to 2.7 billion francs (SSBOB million) from 2.57 billion francs in 1989. Assurances Generales de France said consolidated turnover totalled 46 billion
      AFP  -  191 words
    • Article
      Lock icon Japan trying to boost dull domestic capital market
      396 6 Reuter TOKYO is actively seeking ways to perk up the lacklustre domestic capital market, but key issues remain unresolved, says a Japanese Ministry of Finance official. High domestic issuing costs and complicated procedures have long driven all but a few Japanese corporate
      Reuter  -  396 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      106 6 How do you see the financial gamblers of the 90s? Ok \1 C*) Free-wheeling finance in the USA, Britain Germany, France and Japan, the hands are and Australia is under attack. looking distinctly stronger. Increasingly, corporate finance is seen as So arc today's gamblers kings of the just a simple
      106 words
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      Page 6 Advertisements Column 2
      242 6 J[ MARINA COVE RESORT MEMBERSHIP HOLDERS Since our launching of the membership drive, we have filled up more than 2,500 places. You have helped us to make this possible. Thank you! Due to the overwhelming response, we are clearing the backlog in the most efficient way We know that you
      242 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Paris to propose Vietnam's re-admission to IMF
      426 7 AFP FRANCE is to propose Vietnam's re-admission to the International Monetary Fund and offer to pay part of its debt during the meeting of the IMFs interim committee which opened yesterday in Washington, Western diplomats said. Some of the diplomats predicted the US
      AFP  -  426 words
    • Article
      Lock icon Tourism now third largest source of Malaysia's forex revenue
      130 7 Bernama TOURISM generated M 54.7 billion (Ss3 billion) last year to become Malaysia's third largest source of foreign exchange, Culture, Arts and Tourism Minister Datuk Sabbaruddin Chik said yesterday. He said that although the tourist boom this year was not expected
      Bernama  -  130 words
    • Article
      Lock icon Hanoi says foreigners want to help build oil refinery
      183 7 Reuter EIGHTEEN foreign companies from countries including Japan and the US have offered to help Vietnam build an oil refinery, a local newsletter seen in Hanoi yesterday said. Saigon Newsreader from Ho Chi Minh City said companies from Belgium, Britain, France,
      Reuter  -  183 words
    • Article
      Lock icon Viet bank tries to attract US$ deposits
      167 7 Reuter VIETNAM'S state-run Bank for Foreign Trade yesterday offered up to 9.6 per cent interest on dollar deposits to try to attract some of the hundreds of millions of US dollars circulating on the black market. A bank announcement in Nhan Dan, the
      Reuter  -  167 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      168 7 This announcement appears as a matter oj record only. NEW ISSUE 25th April, 1991 (European Tranche) NISSHIN STEEL CO.. LTD. U. 5.5360,000,000 4V2 per cent. Bonds Due 1996 with Warrants to subscribe for shares of common stock ofNisshin Steel Co., Ltd. ISSUE PRICE 100 PER CENT. M Nomura loternational Sanwa
      168 words
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      Page 7 Advertisements Column 2
      250 7 .;\s ■> 1r A +-S- < -V *"-']■:lf' j? L. Mr. See Wing \Vhyc HST Chief Engineer 9 f FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. ff Mr. Uaw Leong Chtn pf ,*y Senior Technician llf < 'j» Wj IrJfc THE BEST VJVLL'E CALL: 748
      250 words
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  • THE WORLD 1
    • Article
      Lock icon India curbing imports to bare minimum
      375 8 Latest move raises cash margin on letters of credit UPI INDIA has ratcheted up attempts to restrict its imports to a bare minimum with fresh curbs that make importing goods more difficult and expensive. The latest restrictions announced on Wednesday were imposed almost a
      UPI  -  375 words
    • Article, Illustration
      Lock icon US dissatisfied with Korean move to ease trade curbs
      242 8 Reuter THE US has said that it is dismayed by the limited range and content of a South Korean plan to relax curbs on imports, and has called for talks with Seoul. On Wednesday, South Korea presented the Gatt trade forum's
      Reuter  -  242 words
    • Article
      Lock icon EC states open US$ 3.l6b R&D plan to foreign companies
      277 8 AP THE 12 European Community nations have agreed on a US$3.l6 billion (555.37 billion) plan to promote research and development in fields ranging from medicine to industry and agriculture. They have also agreed to open the projects to foreign companies
      AP  -  277 words
    • Article
      Lock icon EC to give E European nations US$ 17.5b more
      134 8 AP THE WEST is ready to give six economically blighted East European nations US$l7.5 billion (Ss3l billion) more in aid, the president of the European Commission has announced. The industrial democracies had already provided Poland, Hungary, Romania, Czechoslovakia, Bulgaria and Yugoslavia
      AP  -  134 words
    • WORLD WATCH
      • Article
        Indefinite curfew in Jaffna
        59 8 THE SRI LANKAN MILITARY yesterday imposed an indefinite curfew on the troubled Jaffna peninsula in an apparent attempt to stop separatist Tamil rebels from holding May Day rallies. Military officials in Colombo said the curfew was for operational reasons and covered the whole of the northern
        59 words
      • Article
        Soviet exodus for jobs predicted
        91 8 ALMOST EIGHT MILLION Soviet citizens will seek jobs abroad in the next three years because they are unable to find work at home, Soviet Labour Minister Valeri Paulman has said. Some 1.5 million to two million Soviet citizens had already decided to seek work abroad,
        91 words
      • Article
        Loan to improve phone network
        93 8 THE WORLD BANK approved a US$l2O million (*****.4 million) loan on Wednesday which will help to improve Poland's antiquated telephone network. Over the next two years, the investment aims to connect 70,000 new subscribers in a country which, after Albania, has the lowest telephone density
        93 words
      • Article
        Sales at big Japanese stores up
        55 8 SALES at Japan's 260 major department stores rose 4.9 per cent from a year earlier to 864.9 billion yen (Ssl 1.16 billion) last month. The Japan Department Store Association announced in Tokyo on Wednesday that sales of consumer goods were steady, while those of
        55 words
    • Article
      Lock icon Drop in US first-quarter GNP seen
      383 9 Economists in survey expect slower pace of inventory drawdowns Reuter THE US ECONOMY is expected to have contracted at a sharp 2.6 per cent annual rate in the first three months of the year, reflecting broadbased weakness brought on by a recession in full
      Reuter  -  383 words
    • Article, Illustration
      Lock icon UK economy sinks deeper into recession
      242 9 UPI THE BRITISH ECONOMY plunged deeper into recession in the first quarter of the year and signs of an imminent recovery are "faint and elusive", according to the country's biggest business survey released on Wednesday. The Association of British Chambers of Commerce survey said
      UPI  -  242 words
    • Article
      Lock icon Optimism that world economy will recover this year
      415 9 FT THE International Monetary Fund is optimistic that the world economy will begin to recover this year and believes that the US should move cautiously when considering interest rate cuts. Introducing the IMF's latest twice-yearly economic outlook, Jacob Frenkel. director of the
      FT  -  415 words
    • Article
      Lock icon Results in '92 for E Europe but tough time for Soviets
      319 9 AFP THE EAST European countries which have begun moving towards free market economies will see the first fruits of their efforts towards the end of 1992, the International Monetary Fund (IMF) predicted on Wednesday. But the IMF, in its
      AFP  -  319 words
    • Article
      Lock icon Japan may buckle under US pressure to cut rates
      209 9 Reuter JAPAN will try to resist lowering interest rates but may buckle under US pressure when the two sides meet this weekend in Washington, government officials and credit analysts said yesterday. Washington is expected to press Japan and its other partners
      Reuter  -  209 words
    • Article
      Lock icon Industrial countries told to boost savings
      341 9 IMF World Economic Outlook Report FT THE WORLD'S industrial countries will have to gear their fiscal policies to increasing national savings, if they are to achieve sustained growth and a lasting decline in real interest rates. In its World Economic Outlook. the International Monetary
      FT  -  341 words
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      Page 9 Advertisements Column 1
      9 9 Germany will not cut interest rates: Poehl, Pg 23
      9 words
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      Page 9 Advertisements Column 2
      120 9 ART OF THE WESTERN WORLD 'Art of the Western World' is a new and unprecedented series which examines the heritage, people, places and times that created the world's greatest artistic achievements. This multi-million dollar production of WNET/New York and Britain's TV South, takes you on a spectacular guided tour. With
      120 words
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  • Article
    Banking on the workers
    480 10 EDITORIAL Financially, the National Trades Union Congress is in good shape. Deputy Sec-retary-General Lim Boon Heng has even indicated that an NTUC bank may not be out of the question. At the same time. Mr Lim acknowledges that the congress has a "legacy of negative impression";
    480 words
  • WHAT THE OTHERS SAY
    • Article
      Tuition fees hike
      200 10 UNIVERSITY students and the chairman of the Government Parliamentary Committee for Education, Dr Ong Chit Chung, have reacted adversely to the tuition fee hike announced by the National University of Singapore and Nanyang Technological Institute. They felt that the revision for the 1991 academic year the third
      200 words
    • Article
      Reward for work
      126 10 SINGAPORE workers regarded as being the best in the world deserve to be rewarded this year especially when the economy is doing quite well even after the Gulf crisis. Employers should heed the call by NTUC Secretary-General, Mr Ong Teng Cheong, that Singapore workers should be rewarded
      126 words
    • Article
      Overcoming obstacles
      167 10 THE FEARS of workers, particularly those above 40 years old and with little education, that they will lose out when MNCs and local capital move to neighbouring countries under the Growth Triangle plan are not without grounds. Trade unions should take up the challenge of looking after the
      167 words
  • REGIONAL VIEWPOINTS
    • Article
      A better schedule
      177 10 THE GOVERNMENT'S decision to continue the comprehensive import supervision system should be welcomed because of its great benefit to Indonesia's economy. The pre-shipment inspection by the Societe Generale de Surveillance company has facilitated smoother flows of imports, prevented under and over-invoicing of imports, thereby protecting domestic industries
      177 words
    • Article
      The key to co-existence
      155 10 WHETHER it is "one country, two systems" as China has offered or "one country, two governments" as Taiwan prefers, both sides appear to be edging towards a mutual accommodation, which is still a long way from reunification. Taipei is convinced that it can blend its budding
      155 words
    • Article
      Looking for more oil
      145 10 THERE IS concern within Asean over how long more the existing known oil reserves will last. It has been estimated that for Malaysia it is 15 years, Indonesia 16 years, Brunei 24 years. The strategy now is to intensify exploration work to uncover additional reserves. Petronas
      145 words
  • Article
    End of the line for intellectual pirates?
    1227 10  -  Will the US decide to designate Thailand a priority country in negotiations on intellectual property rights? Michelle Rowe reports from Bangkok Michelle Rowe The writer is a Bangkok-based journalist who writes for BT Thailand's thriving piracy industry which for years has flagrantly abused
    1,227 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      230 10 .5 "To the artistes and music tovm an expectation .~J.-.~ ■■»>■ <a rr- '.'v v J r m /Q| p a H H Jg,, IpUS jK| H *j*B j ,l JEm !|PI -p < Next u> musical genius, one of the most treasured things that can be passed from one
      230 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      32 10 DOONESBURY BY GARRY TRUDEAU Ws/RWV ies, GOOPwePOtfT \IH£M£N/V?£ 5055^5fi? HO KJPC*N6 The* X ORP&tS 3 B&N6PVUW SIR! OUON6 !N THB j NOW. THsY'fi£ R&AILV f KAIVt DIP (T IN in rm p&vc>eepfoce&>
      32 words
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  • ANALYSIS
    • Article
      Lock icon Why politics is not a realistic career pursuit
      692 11  -  The British colony of Hongkong may have its fair share of 'powerful female persons' but the women of Hongkong have yet to make an impact on politics. Claudia Mo reports Claudia Mo AFP HONGKONG women may have rid themselves of traditional fetters
      AFP  -  692 words
    • Article, Illustration
      A yawning cultural chasm
      1424 11  -  In 1986, relations between Indonesia and Australia reached a low point because of an Australian media report. Now, KL-Canberra relations are strained. And the Australian media is once again the cause. Or is it? Yang Razali Kassim reports Yang Razali Kassim History has a strange way
      1,424 words
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      74 11 WHAT DISTINGUISHES THE KNOW FROM THE KNOW-NOT! Wfijb SUITABLE FOR UNLEADED PETROL AUDI 80 2.0E AUTO Connoisseurs of cars choose the fuel-injected Audi 80 2.0E Auto for its unbeatable German engineering. They appreciate and understand what goes into the making of a truly great car. The knowledge sets them apart.
      74 words
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  • FOCUS
    • Article, Illustration
      Lock icon Conflicting signals over Saddam's grip on power
      713 12  -  Is Iraq moving towards more democracy, or is Saddam playing puppetmaster? Lee Stokes reports on the ambiguous situation, as Alan Eisner discusses the implications of America's unwilling role as saviour of the Kurds Lee Stokes Alan Elsner UPI THE all-powerful Revolutionary Command Council's
      UPI  -  713 words
    • Article
      Lock icon Oh God! What have we got ourselves into?
      556 12 Reuter Belatedly, unwillingly and without directly acknowledging the fact, the United States has taken on the role of protector of hundreds of thousands of Kurdish refugees. But the Bush administration does not yet appear to have fully grasped the implications of its
      Reuter  -  556 words
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      84 12 Qantas offers more flights to Australia than all other airlines put togethf!^. If you were to put ALL other airlines together, they would still not have as many flights to Australia as Qantas. And because we have 2 more flights, you have a greater choice. A greater choice of destinations
      84 words
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  • SPORTS
    • Article
      Lock icon Bjorn again, but for how long?
      657 13  -  Stephen Wilson wonders if the cool Swede can stand up to the hot new breed of all-court sluggers Stephen Wilson AP IN THE SPACE of 24 hours, Bjom Borg's comeback bid has taken a jolt from two sides on the court and on the
      AP  -  657 words
    • SIDE LINES
      • Article, Illustration
        Top two seeds advance to quarter-finals
        61 13 IN matches played yesterday at the Epson Singapore Super Tennis Championship, top-seed Todd Woodbridge moved into the last eight by beating Christo van Rensburg 6-1, 5-7, 7-6(3). Second-seed Jan Siemerink also won his tie against Luis Herrera 7-6(2), 7-6(5). Other results: Jason Stoltenberg beat
        61 words
      • Article
        Crook gets belt for life
        65 13 CARL CROOK became the fastest outright winner of a Lonsdale Belt when he retained his British and Commonwealth lightweight titles in Preston, England on Wednesday. Victory over veteran challenger Najib Daho gave the former paratrooper the belt for life just 161 days after becoming British
        65 words
      • Article
        Gascoigne blow for England
        59 13 PAUL GASCOIGNE is out of England's European championship trip to Turkey next week. The Tottenham midfielder has been withdrawn by his club after missing Wednesday's 3-3 draw with Everton at White Hart Lane. Gascoigne has suffered a reaction from the hernia operation he underwent six weeks
        59 words
      • Article
        Richards attacks Simpson
        76 13 WEST INDIES captain Viv Richards launched a blistering attack on Australian coach Bobby Simpson after his team's 343-run fourth Test win in Bridgetown over the touring team on Wednesday. Richards said he "had no respect" for Simpson, whom he called "very sour." After Simpson had again complained
        76 words
      • Article
        White pounds out a warning
        80 13 JIMMY WHITE sounded a World Championship warning to his rivals with a "whirlwind" performance in Sheffield, England on Wednesday. White, making his 11th attempt to win an elusive world title, matched his best first round performance with a powerful 10-3 victory over debutant Nick Dyson.
        80 words
      • Article
        Major jumps MCC queue
        94 13 CRICKET-LOVING British Prime Minister John Major has been allowed to jump the queue and become a member of the world's most famous cricket club 18 years ahead of schedule. Mr Major joined the Marylebone Cricket Club's waiting list in 1989 and. under normal circumstances, would not
        94 words
    • Article
      Lock icon Holyfield-Foreman fight to gross record US$ 75m worldwide
      472 13 UPI THE Evander HolyfieldGeorge Foreman heavyweight title fight will gross an estimated US$75 million (SSI32 million) worldwide record revenues that bode well not only for boxing but also for the pay-per-view television business. TVKO, the pay-per-view subsidiary of Time Warner Communications and
      UPI  -  472 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      265 13 TOP QUALITY AUTOMOBILE IN USA J.D. Power Associates CANADIAN CAR OF THE YEAR Automobile Journalists Association of Canada BEST SEDAN IN ITS PRICE CATEGORY Road Track, USA EASY MAINTENANCE CAR OF THE YEAR Home Mechanix, USA I Nissan Maxima (with ABS) compatible. We've added one more luxury to the long
      265 words
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  • Page 14 Advertisements
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      249 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE PRINCESS •••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 $11.00 for
      249 words
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      Page 14 Advertisements Column 2
      361 14 charm Create traditions Indulge in English tea or evening cocktails. F.njoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. inWPPfr>" r IKjti kejjtTKV singjpiw 10-12 VKis R.uil Sinfcipw <N»2 Td *33 1 1* a|Di jz sip .t lonu cool drink Kd.t\ with
      361 words
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      Page 14 Advertisements Column 3
      345 14 pi rB L| S€*OOC THOT* Lp awon* presents The Xiamen Herbal Food Promotion. 26 April 10 May ■> "'-i n Savour the woncfers of traditional herbal delicacies specially tern the city of Xiamen, China. At Seafood Theatre Restaurant. Set Menus A la carte available, v. v Lunch or dinner. >&»!£-
      345 words
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      Page 14 Advertisements Column 4
      284 14 Boss SECRETARY OUTWITS BOSS Secretaries' Week Lunch April 22 27 Noon 2.30 pm (Guests to be seated by 12.30 pm) $38 per person Secretary ffij (immuoK btfeirttowrfHwmrv Orchard Ro»d Sm«aporf 092) TH 7)***** An exciting experience awaits you at The Gazebo 111yj iOk |H surprises' await your Secretary A sumptuous
      284 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      702 14 TELEVISION AND RADIO A„ V 4. SBCI2 SS £2 ggS The BUSINESS ON RADIO V-/Ilv Ut/UUIt IS UllUlll 7.00 AM CNN International iLV ZaE 80 0 01 BBC, 89.9 fflHz in VHF Bond II MT MT MT O 8.30 Close. 12.15 AM Close. *30 Lavar Mutiara. 7.10 am, 9.25 am,
      702 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon All the world's a stage...
      704 15  -  Herbert Mitgang on the latest book on Ronald k Dr Feelgood' Reagan's White House years Herbert Mitgang NYT BY BEING eminently fair. Lou Cannon has written a devastating account of Ronald Reagan's presidency. Try as he does to be even-hand-ed. and he is so almost
      NYT  -  704 words
    • Article, Illustration
      Lock icon Addicted to the box — or TV programmes Asia watches
      631 15  - Addicted to the box or TV programmes Asia watches The goggle-box is making inroads into leisure time across Asia, from India, to Vietnam. Dan Thomas on the insatiable appetite for TV programmes any kind of TV programme Dan Thomas Reuter FROM Hongkong, where fans lap up soap operas, to India,
      Reuter  -  631 words
    • Article, Illustration
      Garth Brooks gets six Country Music awards
      263 15 CHATTERBOX GARTH BROOKS dominated the Academy of Country Music Awards on Wednesday night with a record six trophies, including entertainer of the year. Brooks was also named top male vocalist and won Best Song and Video of the Year for The Dance. Best
      263 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      241 15 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$ 18.50 Per Person iUu Teppanyaki Special: S$JO.OO Per Perjon (l&riil Buffet Lunch: S$)l.00 Per Person ANA HOTEL PRICES SUBJECT
      241 words
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      Page 15 Advertisements Column 2
      196 15 TVT.'EK SPECIAL from 22nd MARINA BAY GOLF COUNTRY CLUB 6 Marina Green. Singapore OtOI For reservations please call 221-2811 MINTON The Rctlaaraal ft lunch appointment every secretary should have in her diary. From April 22-27. The Secretaries Set Lunch (S3o++). Includes homemade soup, unlimited helpings of salad. a choice of
      196 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII ends at nine-month high on Wall Street rally
      5034 16  -  By Shoeb Kagda ENCOURAGED by Wall Street's strong performance overnight, the benchmark Straits Times Industrials Index surged 17.27 points to close at 1,553.94 points yesterday, the highest since Aug 1 last year. On Wall Street, led by active trading in blue-chip
      5,034 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4380 17 Main Board Asia Pacific 1080 +30 2.9% SPH 875 30 3.6% lsctan $0* 775 30 40% IAN 93 5> 25 f 2.7% C4C Wt 261 23 9.7% DBS 1140 20 f I 7% Jurong Ship 50* 440 20 t-2.2% PELS 50* 725 +20 +2 8%
    4,380 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      231 18 Company Oat# Year Group Net Not earnings Gross ann to profit/loss (L> per share dividend (000) (cents) Focal Finance Ap* 23 Dec 90 S3 187($2 701) 86(7 3) H Negara Apr 23 Dec 90 $1 096($756> 14$(101) 10(10) GE Life Apr 22 Dec 90 $36 724(129 453) 756(606)
      231 words
    • Article
      PRELIMINARY RESULTS
      613 18 Company Date Year Grtwp pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Dunlop Est Apr 24 Dec 90 M$3.803( $30,423) -(6 8) 5(10 5) Sunge. Way Apr 24 Dec 90 M$20.508($10.618) 22 8(11 8) 10(3) M8f Hldgs Apr 23 Dec 90 M$46 855($9.757)
      613 words
    • Article
      INTERIM RESULTS
      305 18 Company Date HaM-y«ar Group pro-tax Interim ann to profit/loss (L) dividend (000) T.mes Pub Apr 19 feb 91 $25 132(118 904) 4<4) AntahHldgs Apr 10 Dec 90 M$18 075(114 587) Hump Emas Apr 5 lan 91 M$5 333(M$7 552) 2(2) Rash id Hussam Apr 2 Nov 90 M$21.004($10
      305 words
    • Article
      CORPORATE DEVELOPMENTS
      368 18 Apr 24 BOS Stockbroking Ltd which is under the umbrella of OCBC's Australian banking subsidiary. Bank of Singapore, will absorb the Sydney-based MacDougali and Co Ltd from May. Promet Bhd has invested US$l 7m (Ss3m) to raise its stake in listed New Zealand company Perry Dines Corporation. Apr
      368 words
    • Article
      DIVIDENDS ANNOUNCED
      1515 18 Current Ex Books Date Total for Total far payment date dose payable the year last year Acma 5%TE Jun 5 )un 17 Jul 1 10%TE Amttfc En| 6%TE(I) Apr 11 Apr 17 Apr 26 6%TE 12%TE A vino 5%TE Feb 25 Mar 7 May 15 125%TE 25%TE BAT
      1,515 words
    • Article
      BONDS, LOANS & WARRANTS
      818 18 BONDS, LOANS WARRANTS Compwy ComniM poM Cowversiow tan* for on ordiMry ikm C&C Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus $0 77 cash or 1 warrant ptos (0 77 nominal amount of
      818 words
    • Article
      APPROVED ISSUES
      144 18 Company Rights Issue Ortop Est Restricted issue of S88 514m nominal value of 10% Convertible Redeemable Unsecured loan Stock (CULS) 1991 1996 issued on the basis of SI nominal amount of CUlS for every 3 ordinary shares of J1 each held at nominal value Ei-date Apr Boohs close
      144 words
    • Article
      PROPOSED ISSUES
      471 18 Company Rights Issue JUcom One for two <n MSI 00 per share Ksue of *0m Cumulative Redeemable Preference Shares (CRPS) of MSO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every A CRPS Bolton One for
      471 words
    • Article
      RECORD HIGHS & LOWS
      207 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 ttft: 1317 09 (25/4/91) J* 1 1991 low: *****2 (16/1/91) J* 16/1/91 1990 h«h: *****3 (16/7/90) g W.12 J7 3/90 1990 tow 981 07 09/11/90) »0 079 50 11 10,90 1989 tafh: 1322 00 28 12/89) }*> "7*$ 1989 tow:
      207 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      384 18 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 NOTICE I NOTICE IS HEREBY GIVEN that. I Sla Peng Huat of BU 437 ClaMnti Aw* 3 #12-94 S'por* 0512 have applied for a Boer House, First Class licence In respect of praises at H/s Abundance Eating House at Blk 413
      384 words
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      Page 18 Advertisements Column 2
      362 18 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Chong Wee Woon of No. 367, Joo Chiat Place, Singapore 1542, have applied for a Beer Shop licence in respect of premises at M/s Yum Yum Minimart at Blk 6, Faber Gardens, Ang Klong Lane, Upper Thomson Road, Singapore 2057, and
      362 words
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      Page 18 Advertisements Column 3
      435 18 IN THE MATTER OF THE COMPANIES ACT. CAP SO AND IN THE MATTER OF BEN MANUFACTURING (S) PTE LTD (In Member* Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act. Chapter 50, that a Final General Meeting ot the abovenamed Company will be held at
      435 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares lose ground on profit-taking
      4220 19 Bernama PROFIT-TAKING in the afternoon session caused share prices in Kuala Lumpur to close easier in fairly active trading yesterday. Buying of some indexlinked stocks helped the KLSE Composite Index to add 0.61 of a point to 591.45 while the Industrials Index ended unchanged at
      Bernama  -  4,220 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      269 19 business s K n 1- 11 <> N I'. -7 3 «»--•>'/ ~7 I 3 ~7 7 3 a ~7 "7 a A X. 3 V» H 3 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF CHARTWELL PRIVATE LIMITED (In Creditors' Voluntary Liquidation) NOTICE
      269 words
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      Page 19 Advertisements Column 2
      232 19 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF READING A BATES SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308( 1) of the Companies Act, Chapter 50, that a Final General Meeting of the abovenamed Company will be
      232 words
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      Page 19 Advertisements Column 3
      260 19 TIIK OMI'ANIKS UT < AH. ANPRESS ENGINEERING PTK I.TD (la \*lunLiry I li|uldatlon) At an Extraordinary Oeneral Meeting of the members of the abovenamed company duly convened and held at 10 Anson Road. .-13-12 International Pla/a. Singapore 0207 on the 23rd day of April. 1991, the special resolution set out
      260 words
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      Page 19 Advertisements Column 4
      456 19 la Tfcr M»tU-r Of The MipMlM Aft, C*p. M Ami la The Matter Of KENTAN PTK LTD (la Vataatery MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY OIVEN, pursuant to Section 306 of The Companies Act, Cap. 50. that the Final Oeneral Meeting of the Members of the abovenamed Company will be
      456 words
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      Page 19 Advertisements Column 5
      318 19 M THE MATTER OP THE COMPANIES ACT, CHAPTER SO, AND M THE MATTER OP TAN OUEE SIAN PTE LTD (In Mamtwra' Voluntary Liquidation) Extract of the minutes of an Extraordinary General Meeting of the members of Tan Quee Sian Pte Ltd convened and hekl on April 22. 1991:SPECIAL RESOLUTION That
      318 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market eases on lack of fresh factors
      2216 20 Reuter TOKYO STOC KS closed easier yesterday, with only index-linked buying by arbitrageurs providing some support for the Nikkei Average. The market overall was hit by the lack of fresh factors, and trade focused on clearing positions ahead of the Golden Week series
      Reuter  -  2,216 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Blue chips close weaker as investors turn cautious
      2109 20 Reuter HONGKONG blue chips, which dived on Monday and jumped on Wednesday, limped to a slightly weaker finish in thin, sluggish trade yesterday. "The market was ridiculously boring. Investors are adopting a rather cautious view." a broker said. The blue-chip Hang Seng
      Reuter  -  2,109 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      27 20 Innovation Technology in BT on Tuesday Bead Chartpoint, a guide to investing in the stock Market. J f **< <v~ J"; v u Every Saturday in Business Times
      27 words
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  • REGIONAL STOCK MARKETS
    • Taiwan shares close at 10-month high
      • Article
        BANGKOK
        883 21 THAI STOCKS ended lower yesterday, with most sectors falling except textile counters, brokers said. The SET Index closed 11.74 points lower at 883.60 on turnover of 40.234 million shares valued at 4.69 billion baht. Thai Investment and Securities Co lost 22 baht to 541, Siam Cement 12 to 734,
        883 words
      • Article
        Untitled
        780 21 Australia t T T Apr 24 A Cents VoHXX)) T AC Minerals 60 1 ***** L ACM Gold 29 3 3455 V ANZ Bank 376 7 ***** y Aberfoyle 405 2 184 V Adel Stm 13 -1 7 742 y Advance Bank 524 4 26*. y Alcan 155 unch 454
        780 words
      • Article
        MANILA
        579 21 PHILIPPINE shares closed mixed yesterday as selective profit-taking and Wall Street's overnight rally divided traders' sentiment, brokers said. Manila's Composite Index finished with a pared gain of 6.62 points to 1,052.93. Brokers viewed the index moving soon within the 1,000 and 1,050-point range as the market runs on a
        579 words
      • Article
        JAKARTA
        806 21 JAKARTA share prices continued to rise in an active market yesterday, although trading was off marginally from the rush to get shares earlier in the week. "Most foreign investors, especially institutions, are very bullish about Indonesia," said one foreign broker, but he added there was already an increase in
        806 words
      • Article
        TAIPEI
        477 21 STRONG buying in financials pulled Taiwan share prices to close at 10month high yesterday, and dealers said there was a chance the index would climb above 6.000 points in the next few days. The Weighted Index gained 107.08 points, or 1.8 per cent, to 5.913.82. Turnover was NTS6B.9 billion
        477 words
      • Article
        BOMBAY
        103 21 IN BOMBAY, scattered speculative and institutional buying helped shares close mixed on Wednesday after a shaky start, but brokers said the market undercurrent was suspect. "Market men are caught between anticipated good corporate results and a discouraging outlook." analyst VS Fernando said. An increase in cash margins on raw
        103 words
      • Article
        SEOUL
        818 21 SEOUL stocks slid across the board in thin trading yesterday as investors withdrew to the sidelines, faced with a lack of fresh news to bolster the market, brokers said. The Composite Stock Index closed the day at 626.36, shedding 6.27 points from Wednesday. Turnover was thin at 94.9 billion
        818 words
      • Article
        INDICES & TURNOVER
        86 21 INDICES TURNOVER Close \pril 25 Previous SYDNEY AH Ordinaries Index All Industrials Index All Resources Index Turnover (million) noon III! 1.518 3 2.364.1 873.0 184 06 BANGKOK SET Index Tumover(million baht) 883.60 4.690 895 34 4.750 -11 74 -60 JAKARTA Composite Index 423.19 421.91 1.28 MANILA Composite Index Turnover (million)
        86 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        349 21 In local currency In S$ In LS$ S day year day year day year Apr 24 Index change change change change change change World 414.1 04 15.6 ■0.5 12.3 -0.1 10.2 fEAFE 543.8 0.5 15.7 0.3 10.2 0.7 8.2 Europe 431 1 0 5 18.3
        349 words
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  • WORLD STOCK MARKETS
    • Wall Street surges on hopes of rate cuts
      • Article, Illustration
        NEW YORK
        1460 22 SPURRED by heavy program buying and a sharp drop in mid-April US car sales. New York stocks and bonds moved sharply ahead late on Wednesday. Traders, apparently convinced that the economy is now so weak that the Fed surely will lower interest rates, moved heavily into the market
        1,460 words
      • Article, Illustration
        LONDON
        852 22 LONDON stocks held slightly easier by midday yesterday, depressed by futuresled selling, while gloom over the UK economic recession and the threat of future rights issues kept volumes low, equity strategists said. The market took some support from ICI first quarter pre-tax profits of £198 million, which, although 52
        852 words
      • Article
        FRANKFURT
        259 22 STRONGER prices on Wall Street and the German market's ability to close above a psychologically important level on Wednesday gave German shares a boost at the start of trading yesterday. Traders said they were worried, however. about a lack of follow-up orders which could bring share prices lower before
        259 words
      • Article
        AMSTERDAM
        259 22 DUTCH shares racked up fresh gains at midsession yesterday, taking strength from a firm dollar, an optimistic IMF world economy report, and Wednesday's better than feared first quarter results at Akzo. "Most of the support comes from the IMF report on a global economic recovery." said Frits Noordam of
        259 words
      • Article
        Untitled
        128 22 Brussels Apr 24 Francs FORWARD MARKET Accc 2705 20 Arbcd 4050 unch Astur 1136 f 10 Brascan 592 unch Canpac 628 16 Cock 168 2 Dc Beers 830 6 Ebcs 8670 Gb-lnno-Bm 1326 14 Gcvacrt 7430 10 Gr Bru Ijmb 3890 30 Hobok I'ctro 1650 +25 Kyi Dutch 2875 25
        128 words
      • Article
        PARIS
        265 22 FRENCH share priccs hovered at slightly higher levels in uninspired midsession trade yesterday. Dealers said investors remained sidelined, waiting for a clearer indication of where the economy was headed and how the French political situation will evolve. "The market is directionless." one broker said. "We are out of ideas
        265 words
      • Article
        ZURICH
        304 22 SWISS shares yesterday traded little changed at midsession in extremely lacklustre trade as Wall Street's 19point gain had little impact. The allshare SPI Index edged down 2.8 points to 1.079.8 and the S.VII Index of leading shares was 5.2 points lower at 1,665.4. "Investors are on a buying strike,"
        304 words
      • Article
        MILAN
        111 22 ITALIAN share prices closed lower in thin, listless trading on Wednesday, with operators basically content to square positions ahead of yesterday's Liberation Day holiday. The MIB AllShare Index ended 0.69 per cent down at 1,149. Milan Apr 24 lire Ass Cicn ***** 400 Bastogi 254 3 Fiat 5351 69
        111 words
      • Article
        STOCKHOLM
        70 22 PRICES on the Stockholm bourse were mixed in slack and cautious early trade yesterday, hampered by a lack of market moving news. By mid-morning, the Bourse General Index had slid 0.33 per cent to 1,050.50 in turnover of 108 million crowns. The blue chip index was a marginal 0.03
        70 words
      • Article
        JOHANNESBURG
        360 22 IN JOHANNESBURG, share prices continued to shift higher yesterday morning, buoyed by continued foreign investor interest and modest local demand for a short supply of quality issues. At 10:00 am, the JSE Industrial Index edged up further to 3,521 after posting a record high close of 3,512 on Wednesday.
        360 words
      • Article
        TORONTO
        224 22 TORONTO stocks on Wednesday ended a listless session flat, with little news to knock the market out of its recent consolidation phase. Canada's major banks cut their prime interest rates, but investors are still waiting for a monetary policy switch by the US Fed. The Composite Index closed up
        224 words
      • Article
        INDICES & TURNOVER
        93 22 INDICES TURNOVER NEW YORK Close Pwiotu April 24 Dow Jones NYSE Financial SAP 500 Turnover (million) 2.949 50 2.930 45 154 03 153.74 382.76 381.76 1668 ***** +19.05 +0.29 1 00 -1.04 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.952.5 2.4886 432.0 1.965.8 2.503 8 5206 -13.3 -15.2 -88
        93 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      51 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Traders cautious ahead of Golden Week and G-7 meeting
      1174 23 REPORTS pAgencies ASIA Tokyo: THE DOLLAR yesterday ended steady to firmer after quiet trading. Traders took a wait-and-see attitude ahead of Japan's Golden Week holidays starting on Saturday and the weekend Group of Seven (G-7) meeting in Washington. "Dealers are squaring
      pAgencies  -  1,174 words
    • Article
      INTERBANK FOREX RATES
      389 23 Cross rates Apr 23 I USS S$ MS Dm Yen SFr AS NZS USS 1.7825 2.7615 1.7520 138.15 0.5903 1.4680 1.2887 1.7109 S$ 0.5610 1.5492 0.9829 0.7750 0.3312 0.8236 0.7230 0.9598 MS 0.3621 64.55 0.6344 0.5003 0.2138 0.5316 0.4667 0.6195 Dm 0.5708 1.0174 1.5762 78.85 0.3369 0.8379
      389 words
    • Article
      MONEY MARKET
      566 23 Interbank rates SS Bid Offer Overnight 4 13/16 4 15/16 1-month 4 5/8 4 3/4 2-month 4 11/16 4 13/16 3-month 4 3/4 4 7/8 Overnight mode: 4-3/4 ISS Offer 7 days 6 1/16 6 3/16 1 month 6 1/16 6 3/16 2 months 6 1/16 6 3/16
      566 words
    • Article
      Lock icon Germany will not cut interest rates: Poehl
      579 23 FT GERMANY will resist calls from the US to cut interest rates at next Sunday's meeting of the Group of Seven leading industrial nations in Washington, according to Mr Karl Otto Poehl, the Bundesbank president. In an interview with the Financial Times at
      FT  -  579 words
    • Article
      FINANCIAL FUTURES
      1134 23 E EX *77 "ir m mam ■IH! Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.73 93.74 93.72 93.73 4224 ***** 2792 Sep 91 9344 93.47 93.43 93.44 5821 9497 3422 Dec 9 92.98 93.00 92.95 92.95 2500 ***** 1724 Mar 9 2 92.69 92.70 92.67
      1,134 words
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  • COMMODITIES
    • Article
      Lock icon Indonesia seeks to retain GSP status for plywood
      433 24 Bernama INDONESIA, by far the biggest exporter of hardwood plywood to the United States, will continue negotiations with the US administration for the extension of GSP privileges for the product. Trade Minister Arifin Siregar has said. He said the Indonesian government would
      Bernama  -  433 words
    • Article
      Lock icon Vietsopetro sees crude output at White Tiger field rising
      237 24 AFP THE joint Vietnamese-Soviet oil company Vietsopetro expects to increase second quarter crude production from its offshore Bach Ho (White Tiger) field to 900,000 tonnes. Production from the field, off the south-east coast, was 796,800 tonnes in the first three months
      AFP  -  237 words
    • Article
      Tin climbs 42 sen to hit 19-week record high
      849 24 REPORTS HEAVY short covering coupled with strong consumer buying demand yesterday led the Kuala Lumpur Tin Market to rise to a record level in 19 weeks to MS 15.45 per kg. last reached on Nov 28, 1990. The market rose by
      849 words
  • Article
    PRICES
    1478 24 Rubber Apr 25 IMS (M hi Mm) WKESm11 Noon Close Int 1 RSS Prompt 142.50/143.50N 143 00/144 OON Int 1 RSS May 91 145.25/146.25 I45.7VI46.75 Int 1 RSS Jun 146 50/147 00 147.00/147.50 Int 2 RSS OP 141.50/I43.50N 142.00/ 144.00N Int 3 RSS OP 137.00/139 OON 137 50/139 50N
    1,478 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1221 24 BUSINESS TIMES TELEPHONE: 730 5771/5772/5773 FAX: 734 4982 UQUOR LICENCE NOTICE NOTICE IS HEREBYGIVENIhaUKoidiiToyMhijM of 6 Scoas Road, #20-02 The Ascott, Singapore 0922, have applied for a Public House, first class (extended) licence in respect of premises at M/s Yanagi Food Singapore Pie Ltd at 4th floor, The Glass Hotel,
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      Page 24 Advertisements Column 2
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1092 25 City Flight ETA Flight no City Flight ETA Flight ETD Abu Dhabi GA976 GA890 GA970 0010 0150 2245 UT561 SQI61 GA976 2210 2245 2310 Adelaide QF7 1815 Karachi SQ418 1310 Amsterdam Kota Kinabalu MH631 1520 MH630 0950 SQ23 KL835 SQ23 1815 1415 1815 GA890 KL836 SQ24
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  • THE TRAVEL PAGE
    • Article, Illustration
      Lotus-eating in the South
      582 25  -  POSTCARD FROM CANNES By Patricia Ryan PLAN TO visit Cannes in May. The days are warm at the beginning of the month, with cool nights, possibly some rain. The Festival International du Film is usually held in the third week. By the last week, it is
      582 words
    • Article
      MONEY CHANGER RATES
      154 25 As at 3pm yesterday: IiOcal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.370 1.390 Canadian dollar 1.527 1.547 NZ dollar 1.030 1.065 Sterling pound 3.000 3.025 US dollar 1.7750 1.7850 I/Ocal dollars to 100 units of foreign currency Austrian schilling 14.20 15.20
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      70 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td April International Florence. SOGFSE S.p.A *****9721 Ma> 1991 Expoedit-Copia 91 Milan Trade Associazione 02/*****04 20-May 1 Handicraft Italy Fair. Italy Promozione Fair Mostre April 28- International London The Building *****6-1951 May 2 Food Drink Trades Ma> 6-9
      70 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      38 25 Johan, fly Finnair if you're going to Stockholm Swede home. Because Finnair gets you home at 0755 in the morning or onto over 30 other European destinations. Call *****77 for details. We know Europe from start to Finnish.
      38 words
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      Page 25 Advertisements Column 2
      1013 25 BUSINESS TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 I NOTICE I Tropi Trading Pvt Ltd I I 151 Chin Swee Rodd NOTICE IS HEREBY GIVEN that, I. LIM J No. 09-10 Manhattan House I CHONG HOE of No. 60 #05-1208 Now Uppor J SINGAPORE 0316 Chengi Rood, Singapore 1646, have applied
      1,013 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      340 25 5 Having a dog in view as 8 Giving pounds and pounds or a large figure j for a letter (8) io BH iHf 9 Intend writing about one of the great rivers of Eu- ~~^Hvi rope (7) I I I I i i 10 The man's in debt after
      340 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      213 25 Singapore Outlook: Showers over several areas in the afternoon and early evening. Forecast: Maximum temperature 30.4° C Assoc humidity 79% Minimum temperature 25.0° C Assoc humidity 97% Hours of sunshine 1.75 Rainfall in mm 6.9 Rainfall this month 121.3 Rainy days this month 12 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      23 25 fciiyk ryou don' t seer"! "to i (you'Rc ukg. Fish out of ViwefceeM vou) VLATgLLYi y N 0414. EVENING STANOARD CO LTD 1962-1991
      23 words
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  • Article
    Accountants' council will see only one new face
    433 26  -  Election will again be uncontested By Anna Teo THERE WILL BE just one new face in the council of the Institute of Certified Public Accountants of Singapore (ICPAS) when it begins a new term from tomorrow. Yen Heng Fook, a partner at
    433 words
  • Article
    Lock icon Kurds cautious about Baghdad accord
    171 26 Reuter KURDS in exile and foreign governments reacted with caution yesterday to preliminary agreement between Baghdad and Kurdish rebels on broader autonomy for the country's 3.5 million Kurds. The refugees" plight and the presence of the foreign troops paved the way for the most successful
    Reuter  -  171 words
  • Article
    Trengganu air link set to bring in more S'pore investments
    272 26  -  By David Chew THE PROPOSED direct air link between Trengganu and Singapore is expected to begin operations by the end of this year, and the Malaysian state is confident it will attract more Singapore investments. a top Trengganu official said
    272 words
  • Article
    Lock icon Moscow leaders reject Gorbachev's quit offer
    164 26 Reuter THE Soviet Communist Park's Central Committee overw helminglv rejected an offer h> President Mikhail Gorbachev to resign as party leader yesterday, the independent Interfax news agency said. Participants in the stormy session said Mr Gorbachev had angrilv announced after a day and a
    Reuter  -  164 words
  • Article
    SIA said to be vying for stake in Australian Airlines
    422 26  -  From Florence Chong in SYDNEY SINGAPORE AIRLINES is understood to be among the main contenders for a stake in Australian Airlines, formally placed on the market this week. The Australian government is selling the entire domestic carrier as part of
    422 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      200 26 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 VN 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
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      Page 26 Advertisements Column 2
      3 26 Focus, Pg 12
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      Page 26 Advertisements Column 3
      78 26 Nikon The World's Finest Photographic Systems Lockheed celebrates '^C9^^^H^|^^K«!<lK^jßjS^'*£!/? ivi^k Hl[^w^B| Lockheed Corp employees in Burbank, California, celebrate after learning via a live telecast from the Pentagon on Tuesday that the L'S Air Force had awarded their company a LSS 12.1 billion (5521.4 billion) contract to develop an advanced tactical
      78 words
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  • Shipping Times
    • Article
      Call to prevent airliners from being shot down
      352 27  -  S'pore urged to support amendment to ICAO Convention By Dexter Lee AN INTERNATIONAL body representing airline pilots has urged Singapore to support a proposal which seeks to prevent commercial aircraft from being shot down when they stray into restricted airspace. The call
      352 words
    • Article
      Tasman Asia acquires two more vessels
      285 27  -  By Magdalene Pang TASMAN ASIA Shipping will intensify its presence in the Far East-New Zealand and South Pacific trades when two more vessels join its fleet from July 1. In a statement, the New Zealand carrier said that the expansion was part of its
      285 words
    • Article
      Lock icon Tokyo's decision on minesweepers raises concern
      202 27 AFP SOUTH KOREA has expressed concern about Japan's decision to send minesweepers to the Gulf, but said yesterday that it understood the action would be limited to rehabilitating the Gulf. Assistant Foreign Minister I>ee Joung-Binn said also that Tokyo had informed Seoul of its
      AFP  -  202 words
    • Article
      Dragonair buys 40pc stake in flight kitchen
      338 27 HONGKONG Dragon Airlines has bought a 40 per cent stake in the Kai Takbased Hongkong flight kitchen from LSG Lufthansa Service for an undisclosed sum. According to the South China Morning Post the deal brings in a local partner for LSG which acquired
      338 words
    • Article
      Lock icon Double hull tankers comprise small part of world fleet: study
      179 27 Reuter LARGE oil tankers incorporating the double hull or double bottom design make up only a small fraction of the world tanker fleet, a report by broker-owned Clarkson Research Studies Ltd Said. The Clarkson 1991 Tanker Register shows only 3.5
      Reuter  -  179 words
    • Article
      Lock icon GEC Avionics wins contract for Stealth fighter computers
      432 27 FT ORDERS worth more than £300 million (SS9O6 million) have been announced by GEC Avionics, aerospace subsidiary of General Electric Company of the United Kingdom, to supply flight computers and cockpit display equipment for the next generation of American Stealth fighter aircraft.
      FT  -  432 words
    • Article, Illustration
      M'sia-East Asia trade volume up sharply
      372 27  -  By Khaidir Abd Majid TRADE volume between Malaysia and five East Asian countries has expanded greatly in recent years as reflected in the increase in shipping services and liftings recorded by shipping lines serving the five countries and the Kelang Container Terminal (KCT). Strong
      372 words
    • NEWS SUMMARY
      • Article
        TWA buyout faces obstacles
        34 27 EVEN as Kirk kerkorian's plan to acquire TWA awaits approval, he has serious problems to tackle in ensuring the survival of the airline and jobs for its employees Page 2
        34 words
      • Article
        US sales of Americanmade vehicles fall
        43 27 SALES of cars and light trucks made in North America fell 11.6 per cent in mid-April, reflecting the slowdown in personal income growth and tighter credit that kept many potential buyers out of the market Back Page
        43 words
      • Article
        Thai transit agencies rule out merger
        38 27 THE TWO govemme.. agencies responsible for th. Skytrain and Hopewell mass transit projects have rejected a proposal to integrate their mass transit systems, contending that everything is set to go Back Page
        38 words
      • Article
        Six tankers told to leave Spanish waters
        39 27 SIX Iranian-chartered oil tankers were forced to leave the Bay of Cadiz on Spain's southern Mediterranean coast last week after Spain set stringent regulations aimed at averting a possible spill... Back Page
        39 words
      • Article
        Goodyear reports loss of US$ 90m
        33 27 THE Goodyear Tire and Rubber Co. battered by intense price competition and deteriorating demand from carmakers. on Wednesday reported a first-quarter loss of US$9O.l million Back Page
        33 words
    • LOG BOOK
      • Article
        JAL considers listing on overseas markets
        79 28 JAPAN AIRLINES Co Ltd is considering listing its shares on overseas markets as one means of raising funds cheaply, a spokesman said in Tokyo yesterday. The company has studied listing its shares on the New York, Paris and other exchanges hut has yet to
        79 words
      • Article
        Cathay's bid to detect fraud
        47 28 CATHAY PACIFIC AIRWAYS is introducing an on-line system next month to detect ticket fraud. A company statement said in Kuala Lumpur on Tuesday that the project would enable the airline's staff and passenger-handling agents to make instant checks with an up-to-date database.
        47 words
      • Article
        Koreans sell oil pipe to Chevron
        87 28 THE SOUTH KOREAN trading firm Lucky-Goldstar International Corp will supply about US$l5 million (5526.5 million) worth of oil pipe to Chevron Corp, a Lucky-Gold-star spokesman said in Seoul yesterday. Lucky-Goldstar made the first shipment of 3,700 tonnes of a total of 17,000 tonnes of
        87 words
      • Article
        Bulgaria to get Korean lorries
        79 28 KIA MOTORS Corp, a South Korean car manufacturer, shipped 91 lorries to Bulgaria from the western port of Inchon, a Kia spokesman said in Seoul yesterday. "It is the first time for any South Korean company to export to the nation and one result of
        79 words
      • Article
        Japan to curb car exports to UK
        132 28 JAPAN'S car industry has agreed to continue its voluntary limit on exports to Britain at 11 per cent of the British market, industry sources said in Tokyo on Monday. The agreement was reached at a weekend meeting in Yokohama between the Japan Automobile
        132 words
      • Article
        Profits up at Northern Telecom
        92 28 NORTHERN TELECOM Ltd said on Tuesday that strong international demand for its telecommunications switching systems produced earnings of U5593.7 million, or US$O.36 a share, in the first quarter, up 18.5 per cent from US$79.l million, or US$O.3O a share, a year ago. The Toronto-based equipment
        92 words
    • Article, Illustration
      Lock icon TWA unions back Kerkorian
      1073 28  -  Even as Kirk Kerkorian awaits official approval for his plan to acquire TWA, he faces serious problems in ensuring the survival of the airline and the jobs of thousands of its employees. Jenell Wallace reports Jenell Wallace UPI SEVERAL thousand employees of Trans World Airlines Inc
      UPI  -  1,073 words
    • Article
      DAILY FREIGHTS
      884 28 THE FREIGHT market on Wednesday was firmly underpinned by talk the USSR had agreed to grain purchases and would soon be seeking trans-Atlantic tonnage, brokers said. Operators said the Soviet Union may have concluded some buying in Canada, with one saying as much as 1.5 million tonnes of
      884 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      589 28 Carbon Carbon Apr 22 DeraityWater Residue Ash Alumwum Sedment DensityWater Residue Ash Alumwum Se<finwrt M M MM E.ion E««on KG M'3% V V '.MM ',W«I PPM method KG 1**31 V/V "5. M M 1 M M PPM method (SO Ciroac fcwts Spec E25 ***** 15 0
      589 words
    • Article
      THE SHIPPING GUIDE
      12836 36 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
      12,836 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        549 43 Vessel Voy No Berth Arrival Departure Veiset Voy No Berth Amval Departs Keppd Wharves Epson Trader 15 alongside 2604/1000 G R Gumuspal 2/91 K33 alongside 2601/2100 j j, n h W i )2 alongside 26 04/1400 Kota Jaya E89S K31 alongside 28 04 0600 j Jin Lon
        549 words
      • Article
        CONTAINER SCHEDULE
        1585 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rstts Ship Voy No Etb/Btr Period From To From Wn3 n Ms 9104 27/0200 2 24/1700 25/0659 25/0900 4 25/1200 25/1459 25/1700 Ai Mrqab 54 27/0700 2 24/1700 25/0659 25/0900 4 25/1200 25/1459 25/1700 Ail, Glory ***** 26/1100
        1,585 words
      • Article
        IN MALAYSIAN PORTS
        266 43 Berth n Buttermrth on April 25: 1: Menina Eiesa. 2: Golden Harvest Agel; 3: Bangluang; 4: N; 5: G Petrenko, 6: nil Penai* Wharf: NB ml; CB Cipta Raya. SB: nil BCT: Bl: Navakun 6: Bit: ml; l/B: nil VOTP: ml. Due on Apr! 24: Crystal Venture
        266 words
    • Article, Illustration
      Lock icon US sales of American-made ! vehicles fall 11.6 pc in April
      514 44 US sales of American-made vehicles fall 11.6 pc in April NYT SALES of cars and light trucks made in North America fell 11.6 per cent in midApril, reflecting the slowdown in personal income growth and tighter credit that kept many potential buyers out of the market. Ten carmakers with North
      NYT  -  514 words
    • Article
      Lock icon Goodyear reports loss of US$ 90m in first-quarter
      415 44 NYT THE Goodyear Tire and Rubber Co, battered by intense price competition and deteriorating demand from carmakers, on Wednesday reported a first-quarter loss of US$9O.l million (S$ 158.5 million). The company attributed the results to the downturn in the United States economy,
      NYT  -  415 words
    • Article
      Lock icon El Al one of few world airlines to make profits last year
      229 44 Reuter EL AL Airlines said on Wednesday the Israeli carrier was one of the tew world airlines to make a profit in 1990 despite the Gulf crisis. El Al president Rati Harlev also said, however, that there was
      Reuter  -  229 words
    • Article
      Thai transit agencies rule out merger
      426 44 THE TWO government agencies responsible for the Skytrain and Hopewell mass transit projects have rejected a proposal to integrate their mass transit systems, contending that everything is set to go. According to The Sat ion. Dr Thiraphong Attacharusit. deputy governor of the Expressways and
      426 words
    • Article
      Lock icon Six tankers told to leave Spanish waters
      285 44 Reuter SIX Iranian-chartered oil tankers were forced to leave the Bay of Cadiz on Spain's southern Mediterranean coast last week after Spain set stringent regulations aimed at averting a possible spill. A spokesman for the Merchant Marine directorate said the six Very Large
      Reuter  -  285 words
  • Page 27 Advertisements
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      173 27 SSWEE HfNG METAL CO PTE LTD t i TUA3AVEI4 SINGAPORE TElf X B3 206/8 SMMCPt TEL: 861 M55(51.0w| mtMI.MIWt yd\\ fk $4*l ACtXf H* lliW hjruin*Horn t i;t.mj fftl 11 1 111 I tonn»3olannM sfflijj I 110 111 I Elvctic k>MN IJUI flrll^dHfeii BSBH Taqu« sim roar, mala »ma i
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      Page 27 Advertisements Column 2
      26 27 Container Schedule 17 Daily 2 Index to Advertisers 3 Shipping Guide 10.11 Shipsa Port 17 Singapore Tides 17 Veritas Report 2 Weather and Sea Conditions 17
      26 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      106 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and [J relevant book reviews. I S) ENTERPRISE MANAGEMENT, in U Business Times every Monday, is must )<, Cfsi^ reading for managers who want the y_
      106 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2446 29 JAROINE SHIPPING AGENCIES %uIM AD Cantonment Ru.nl #12 OS S*juthp».irit. Singjpott 0208 BrmllVVr ieiex no rs IVflllllll II RVINAi Tel J*****8 .'2O M P pynl n BOOKINGS TH 120U234 258 L WV# PfSAKA JAROINE SHIPPING AGENCIES SDN PORT KfIANG TEL 3b***** TELEX NO MA***** MA39/01 PENANG lEL *****4 TELEX NO
      2,446 words
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      Page 29 Advertisements Column 2
      1258 29 MDEX TOfIDTCRTjSERS H* C "«»l I'inr <>l I A M M R Frwdg 13 1/2 ABC Containerhne 12 I Mac-Neb Agencies 14 1/2 Accord Group X 1-3 Macolinc 9 4/5 S MadjuSdnßhd 15 1/2 Ahrenkiell Liner 6 4 laenJt Line 3 4/5 A JftcdC l oepler 5 5 Mc Pac
      1,258 words
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      Page 29 Advertisements Column 3
      2499 29 ■ramama SINGAPORE TO HONGKONG IN 4 DAYS ETO SINGAPORE IST MAY. 1991 MCKINNEY MAERSK VOYAGE 9102 ETA HONGKONG 4TH MAY. 1991 Vessel Voy I fefA j fcfD "Port *Perar»g I Singapore DESTINATIONS This wee* Mc Kirre» 9102 rtjeOer by ICY 30 4 0600 mrs p<r*o I CFS ?XA MRS OAK
      2,499 words
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      1367 30 fHOTTtDAM VOV NO S POHt SOUTHAMPTON HAMBURG ANTWLHP LF HAVRE: BOTH KA f SUHACiI 06/116 26/4 16/5 14,b 13/5 [^[Olj THAMtS Qb;3t6 28/4 16 5 IB 5 21'5 22'5 >——— IA St INE 18/11/ 3.5 24 5 22.5 21/5 L AIL WESTBOUND P. COM PASCAI 01/317 5 5 22,5 24
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      626 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONIANG 2103F 28/4 IVS 18'5 23/5 ALSO ACCEPTING CARGO VIA SUVA 10 lAUIOKA PAGO PAGO APIA NUKUALOAF A DIRECT CHILE SERVICE SIN IQO ANF VAC CI X SAI IPERUI I J MONTANti ?10 3f 4 tvb /t> 10 6 l?'
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      1548 30 Rliimmia &smm HyHi REGULAR INDEPENDENT FULL CONTAINER SERVICE FOR EUROPE VSL VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 108W 03/05 03 05 24,05 28/05 29/05 30/05 31/05 01/06 02/06 NORASIA SUN 9109 3 06 05 26 05 27/05 31
      1,548 words
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      2009 31 Steamers Maritime Holdings Ltd W ,■> PfrO inv STRAITS SHIPPING WnflL 3 Shmufi H taMl f»st Malaysia, Containers MlJm vi,t ACCEPTS DUE SAILS ivy No ♦P* PWI S'pof* Alg $*ki An* Rot Hbg CARGO *Oi»lOON bay 1)516 2004 2204 2704 1405 1605 18,05 miiij mnnm ui» i,k km in pi
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      2496 31 ■V yj Mill l J IIH ■111 TO- U S.A /PANAMA FM: US A /PANAMA cp iam if ft TBI fDH itOR NYC WV CHI tl»8 OAK SP DDCMfM cfMATon if in is M IS 7b IC* IT* it* ill *1 m si m isi ws T* ;w m rn
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      Page 31 Advertisements Column 3
      445 31 I IP/ziJ. 1 WHfW 1 fIHIMI JmWKi SARAWAK/ SABAH/ JAPAN SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS VESSEL |~VOY j~SP [PK KUC [KK TANIUNG EMAS pIS lid ~sid Z SO NBA I ~~l rrTpt "Z~ ICOSMIC TRADER 17 Z "sid Z Z Jasian clipper ioi Z z 157" kou shun
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      739 32 pBB CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE C TO EUROPE VSIVOY SPOHE RUAMAOAM H BURU BHLMEN ANIWERP KUTAI22WB 10,5 86 14 h ISb 22 6 NAT ARAM ."A»B 10,< j 14,7 21 1 26/ 29 7 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|ect to Inducement Also accepting cargo to
      739 words
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      1220 32 W 5 yfe W\ HANJIN SHIPPING I FEEDER VSI SIM LINE HAUL LAX OAK H Spure LEH RIM ANR HAM BRV »El HANJIN OAKLAND OUE 25,4 H ROTTERDAM 014E 20,5 23 5 H HANJIN lONCHAE WIN i« It •> 11 /15 HANJIN ROTTERDAM Oltt 29 4 DIRECT 20 5 2JVS
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      1274 32 PKI SGP MUG KSG KIC PUS MKT OSK NGY SMZ IYO LAX CHS BAI NYC LMV AN* ROM IMP MSG PSD CMB PKI SGP E GUIOE RE 017 IS 75 Hi Hi 10.5 13, i 15,5 17,5 I»,S 195 MS 315 12* 144 164 2if> 244 27« 284 30* 10
      1,274 words
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      1177 33 y NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 B TERMINAL OFFICE-*****22 DOCUMENTATION OEPT: *****44/*****14 Wpp CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 OMi NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. K<Hang-(03) *****87,
      1,177 words
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      1149 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) __Zl_ DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND vcssus vo* fsS |mi* hkc vor |sii |pkl mbc bmv til urn
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      1694 34 K 44 -WT AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W f» TEL. *****77 TELEX: KAWAKIRS23I6S FAX: *****79 i Id MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD JL «L ■V JL MU TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 HIHHHI KAWASAKI KISEN KAISHA LTD
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      979 34 PHiu-omeNT uncs ptc ltd 1106 ROBINSON HOAD #0/ 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/2238/69>*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SIN< IAPORE I RIJC.I IT FORWARDERS ASSOCIATION 6 MAY VANCOUVER, S'WESTERN ONTARIO. 30 APR
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      1681 35 PACIFIC INTERNATIONAL LINES (PTE) LTD JJv mm mm P,L Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA "1 rBANGKOK" ~T c, N VESSEL VOV SIN BKK Sl* VESSEL VOV SIN JKI INGENUITY 130N 27/4 30/5 4/5 EDEN '71 S 5,5 KOTA BINTANG 9111 30/4 3/5 715 BUNGA TERATAI 1/3 30/4
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      1123 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 1 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/COWTINENT 7 VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN 128 1/S 18/5 19/5 21/5 22/5 Nihon" 126 2/5 24/5
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      Page 35 Advertisements Column 3
      577 35 MYANMA FIVE STAR UNE (Myanmar National Line) Loading lor Yangon (Rangoon) Spore P.KIg Pen P.Gdg MYITKYINA V427W 25/26 Apr HPA AN VI62W 22/27 Apr PAGAN VIWW 30/2 May MYOMA YVtA Vl3s* 4/7 May 30,3 May THE BANK lINE (A Mrvlc* ol Andrew W»lr Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I
      577 words
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      384 38 TO AUSTRALIA/NEW ZEALAND VSI |s«n IffMl [MeD |Syd ptuck NPt |P CHALM I MARTHA II AS SI 55 Us 155 »T "17b :l5 ELLEN MUOIG 210 14;5 21/5 ST 2*5 3 6 BRUSSEL 771 2*5 Ts 10* IU~ lf,t 2U 21b C VEROLME 212 U» U* 24 6 AS II
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      Page 38 Advertisements Column 2
      876 38 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND \To7 PKL PNG IKT SIN 1 HKG KAO KEE TYO SMI NGO KOB VESSEL VOY SIN PKL PNG BtW SIN CALIFORNIA CARRIER4B *24 425 4 30 4 14 65 10 5 115 12 5 EQUATOR PRIPt MA 27
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      Page 38 Advertisements Column 3
      184 38 P.T. UNITED SHIPPING %oW' ORGANISATION LTD xomaiitujuasiimcis x JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA ft SURABAYA Accept cargo** to all other Mtatilaa porta with transhipment at Jakarta or Surabaya. DESTINATION ETA ETC VSL JAKARTA IN PORT 26/4 P. SUMATERA a W 1/5 m P *10/5 11(5 P KALIMANTAN 13/5
      184 words
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      Page 38 Advertisements Column 4
      427 38 Our Heartiest Congratulations To China Ocean Shipping Company On The 30th Anniversary I COSTARI General Agents COSCO Container Liner Services All the right connections throughout the world From SINGAPORE to Chinc^ Mediterranean Middle East Europe The Ameridjjis FarEasf Australia 1 j? For enquiries call: Costa r Shipping Pte Ltd 2
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      637 39 CHUNG CHIAO SHIPPING SDN BHD (MALAYSIA) WISHES WARMEST REGARDS AND CONGRATULATIONS TO CHINA OCEAN SHIPPING COMPANY ON THE OCCASION OF THEIR 30TH ANNIVERSARY MEGAPAC TEL 221-9018 Singapore FAX 226-1628 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG G. ACTS SOTRA USSR TRANSSIBERIA RAIL TRANSSEA Through B/L and Charges to Inland Destinations AFGHANISTAN IRAN
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      Page 39 Advertisements Column 2
      348 39 MARINE AGENCIES (S| PTE LTO TEL. *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) K&\ ETHIOPIAN SHIPPING LINES I y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTTONAT VESSEL IvOY EM I OAfXNG FOR SPORt "ABBAV TaWB ->8/05 DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA N£ 1 SANE
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      Page 39 Advertisements Column 3
      368 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD CIA ETA HA SPORE PORT KEIANG PENANG BLUE JADE 15,5 Loading (or Male IRUVAI HUOHU 10,5 Luading for Calcutta DOLPHIN 3ft* 28,4 Loading For Felt*ato PIONEER SUPREME 3Q/4 Loading for Male DONAKULHI 29/4 loaded For Feitwa'u PROGRESS LIBERTY 1/5 Loading lot Maldives
      368 words
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      Page 39 Advertisements Column 4
      851 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S PORE SYD MEL VESSEL VOY SINGAPORE BAWCHOH PLANETA 0644 21/5 16 11/5 20 22ft 'NANTA BHUM 38N In Pt 26/4 Hon gg PIYA BHUM 0704 14 15/5 V 2*5 312# 03N Sun 28/4 Wed 1/5 PLANETA OMS 2 3# 1517# 19 21* SIRI BHUM# WN
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      1305 40 MAC-NELS SINGAPORE uport TEL *****22 IWPORT TEL *****02 PENANG TEL (04) *****6 .KK TEL (088)*****0 TAWAU TEL (089) //86/9 P KELANG TEL (03) *****'// KUCHING TEL (082) *****3 SKAN TEL (089) *****2 ~f\-/\"V I J BAHRU TEL (0/) *****2 SIBU TEL (084(*****2 SAHIKE! TEL (08-1) 6'j 1388 X > JAKARTA
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      Page 40 Advertisements Column 2
      400 40 itefc blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI KUIJ.Y CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLVMOUTH PO K I CHALMERS ACCEPTING K I. IX I- M)K AUCKLAND. NAPIKK. WELLINGTON. BLUFF. CIIRISTCHURCIL DUNEDIN, I.YTTKI.TON. INVERCARGIL. FIJI ANI) TAHITI SIN N Pl* AUCK L*T PROSPECT 12S S Ma, 18
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      Page 40 Advertisements Column 3
      1032 40 I /3P THONG SOON LINES PTE. LTD. I 77 ROBINSON ROAD #15 00. #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT lETA IpCST
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      717 41 Ww COMPANIA PERUANA nCSJL 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 Miia KARABIEVERETT 13/15 May 1618 May JOHNEVERETT 26/?8 May 29/31 May SHAPLAEVEREIT OijO/ Jun 0810 Jun
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      Page 41 Advertisements Column 2
      517 41 j-psimigsi VSL IvOyJsPORE MAIfUINER IIAX IkST IsAV InYcThExH Z>M ALEXANDRIA tot Hi I'M HAlf A i 11* ZWI SINGAPORI »f 55 2'MWEIUNG 101, 19<> 27.6 24 6 76 6 7IM rOHOHAIKA ISE lit /I* HEEIUNG 10 6 196 72 6 74<> A K UEWARO M I*s Zl* AMIRICA ltd 756
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      Page 41 Advertisements Column 3
      742 41 M" SING KWANG HANG) SHIPPING THANSPORTAIION (PTl| LTO WEEKLY LCL/FCL SERVICE [yi r RAJA BH»M VBBS M I ENW I SPORE BANGKOK A VESSEL 27/4 30/4 a vesse t 2/S M DESTINATIONS ETA SINGAPORE PORT KELANG 26 4 91 MANILA 27 4 91 HONG KONG ALL CHINA PORTS 27 491
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      Page 41 Advertisements Column 4
      619 41 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY JATiniHI 9P9 2/04 30/04 PHASE riA 165 A 02 05 05/05 JA TIDIHI 930 04,05 07/05 DASA LIMA 909 07/05 10/05 TAN TO UTAMA 159 01/05 04/05 TAN TO U TAMA 161 08/05 11/05
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      Page 41 Advertisements Column 5
      464 41 SIN FAR EAST 28 4 KEELUNG KAOHSIUNG 30 4 BANGKOK 27 4 MANILA CEBU 4 5 JAKARTA BELAWAN SURABAYA 4 5 PORT KELANG PENANG E. Malaysia 1/5 BUSAN 29 4 TOKYOiYOKO/KOBE NGO OSA '29/4 HONG KONG SIN CHINA 29 4 GUANGZHOU, HUANGPU SHENZHEN FUZHOUXIAMEN/SHANTOU DALIAN SHANGHAI'XINGANG TIANJIN'QINGDAO HAIKOU also accepting
      464 words
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      617 42 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE PT ANiiKUTAN PEftTAMBAiMGAN SERVICE VESSEL VOV SPORE JAKARTA SURABAYA lAKARI I lt>% 22 APR 24 ARR lAKAR' IV 1080 25 APR I! ARR fAKARI 1 '00 06 APR 1)8 MAT TAKAR: IV 4082 02 MAY 04 MA*
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      Page 42 Advertisements Column 2
      235 42 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL OUBAI DAMMAN SHARIAH. DOHA MUSCAI BAHRAIN Ah Dt'Arti BANDAR ABBAS. lEDDAH FAR EAST ACCEPTING FCI/LCL Pi NANG P KtLANG JAKARTA. BANGKOK HONGKONG 'A.AAN lAPAN, MANiIA KO»H UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY. A BERDF FN, IE HARVF. HAMBURG ROTTERDAM ANTWFP. GOTHFNBURG.
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      575 42 SHIPPING CORP. SDN BHD Lfm£*4 PI KLANG TEL 03 *****06 |6 lues) FA* *****11 \\&L/ PIMM TEL 04 *****9 SMA TEI 089 211M7 SIBU TEI 084 *****? I***U TEL 089 7/86/9 KK TEI 088 *****0 KUCH TEI 082 *****3 M SIA TO USA CANADA CONTAINER SERVICE mute aoi PEN f*l
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      Page 42 Advertisements Column 4
      643 42 CUJI conwnv inrtftmnnn/\ LCL/FCL SERVICE FROM fX/ f I m\ I■! WCUJlopwatM over 600 (erminals/offioes in U.S.A. I I I 11l? 1 iWI 9 maintain* over 35,000 tractor# truck*. II I UmL A CUJI **rvet over 60,000 polnte in U.S.A. IUI Imm m CUJI offer reliable LCI7FCL «>rvice*. Gen«rol Agents
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      Page 42 Advertisements Column 5
      501 42 1/liJ J.|[ JJIIi'JJJ JiSiffg FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 35N8 27/4 CAPITAINE DAMPIER SNB 4J> BANGKOK 28 4 5 5 BUSAN 4,5 9/5 HONGKONG 4 5 9 5 DURBAN PT LOUIS 1/5 13>5 KEELUNG 28 4 5 5 USA 29/4 6,5 PT KELANG 3 5 10 5 KOBE 28
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      659 43 MORE FREQUENT FUGHIS WORLDWIDE jfcsS^ i NEWZEALAND/FUI I I I -> L -V„. 7Z m Sh S toil AwkMtf Fl(l|*| Ttwm LfIMMIH Dm*M|l| *»M» *«WMM«|C| T».r».»i 305 w 7? ST 3? »T" as as |W as as N Rosario/9110 7/5 9/5 10/5 10/5 11/5 14>5 27/5 3* 29/5 30,5 31,5
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      323 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 **********00 *****400 *****600 1700 *****900 2000 2100 2200 2300 1R 20 16 1 2 1 0 08 09 1 1 16 2.1 25 26 2.5 22 17 1.2 08 07 0.7
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      744 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FEEDER VQY PKE JHR 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 BRIDGE
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      Page 44 Advertisements Column 2
      484 44 CHARTPOINT Every Saturday in Business Times UK CONTINENT (TRIO) iw *"«*"*ca^of„ U'N/ >1 Hambu't la CopM>na««< Aarhuv Oolhenlx*, Ma'mo |SPO«E |S TON H BURG BHAVEN R DAM lIM Helsirti. Stockholm KATSURACI 05Hi a Vfi li s 14 5 Rotterdam to Antwerp Amsterdam Oslo. Helsinki THAMES 05 311 21* MA 1'
      484 words