The Business Times, 5 April 1989

Microfilm: NL16529
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, APRIL 5, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    255 1 Dow down WALL STREET stocks were lower in a moderate range early yesterday. Lockheed's statement that it expects a 25 per cent fall in 1989 net earnings. and a lower dollar, weighed on the market, analysts said. Lockheed had not yet traded. The Dow was off eight
    255 words
  • Article, Illustration
    Fifth straight record high for Nikkei
    224 1 THE TOKYO market continued its ascent into record territory yesterday, while the local and Hongkong markets posted gains. In Singapore, investors alternated profit-taking with selected buying of Malaysian industrial and property stocks and warrants. The ST Industrials Index rose 5.98 points to 1,193.25. The
    224 words
  • Article
    US dollar slips against yen
    107 1 THE US dollar yesterday slipped against the yen after dealers adjusted their positions and carried out stop-loss sales triggered by a rumour that the US Federal Reserve had been checking rates in the market. It also closed lower in the other Asian markets like Singapore
    107 words
  • Article
    S'pore firms told not to invest in Vietnam
    239 1  -  By DAVID CHEW THE GOVERNMENT has told Singapore companies not to invest in Vietnam until Hanoi withdraws its occupation troops from Cambodia. This clear stand of the government was expressed in a joint press statement yesterday by the Ministries of Home and
    239 words
  • Article
    HPL may offer one-for-one rights
    455 1  -  By MAGDALENE NG HOTEL PROPERTIES Ltd is poised to tap the market for about $154 million to $185 million through a straight rights issue. Sources said the propertybased company is raising the funds through a proposed one-for-one rights to partly pay loans obtained last year
    455 words
  • Article, Illustration
    Hotel Properties to sell half of Meridien
    551 1  -  Sale to Transmarco and C Itoh-led group By LEE HAN SHIH, MAGDALENE NG HOTELIER Ong Beng Seng, whose fast-paced property deals make headlines regularly, has cast himself in an uncharacteristic role he is selling half of Meridian Hotel and an adjoining shopping centre
    551 words
  • Article
    Need for international law on hazardous waste: Mattar
    267 1 AN INTERNATIONAL LAW would be needed to control the movement of hazardous waste matter across national boundaries, said the Minister for Environment. Dr Ahmad Mattar, yesterday. But to control the traffic in hazardous waste, developing countries would have to train people to
    267 words
  • Article
    S'pore-N America economy fares up by 10pc
    529 1  -  By JOHN TAN,WU TA-CHANG BARELY A MONTH after minimum air fares from Singapore to the Orient and Europe were raised, travellers to North America now have to pay about 10 per cent more. The increase in fares, which does not affect the published
    529 words
  • Article
    Lock icon Aussie economy levelling off
    123 1 Reuter THE ECONOMY could be slowing and the tighter monetary policy biting, said the Australian Chamber of Manufacturers and the State Bank of New South Wales in a joint March industry survey released yesterday. "The economy has at last begun to show signs of levelling off,"
    Reuter  -  123 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      87 1 FA RAH The original Hopsack slacks for men Available at OQ People's Park, Orchard and Elite Full report, PAGE 16 Reg markets, PAQE It World m«rfc«ts, PAQE 19 OUT ANY rrT^rra YOU'LL f i c All over Singapore. Hongkongßank Building. MAS Building, IBM Towers, Southpoint. And more. Our acumen in
      87 words
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      Page 1 Advertisements Column 2
      204 1 Editorial Comment: 10 Third World debt 4 Is it springtime for debtors? Japan supports US plan Tourism 10 Nomura Gulf Fund 5 Giving old attractions new life SES approves listing Inflation 11 Yasser Arafat 9 US consumers resist high prices Guerilla who would be president Property 2 Helen Reddy 13
      204 words
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      Page 1 Advertisements Column 3
      7 1 The groaning of international economic*, PAGE 11
      7 words
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      Page 1 Advertisements Column 4
      69 1 M J BRUNO MAGLI Onncpom #01 JO, I 7» OkKml ftud. Simxinw 0*23 W 7)7 4J09 Forum Cstnit tOI-M Ochwd to«d. SuigapM OKI W: 712 mi Open CMytpom M 00 wn to S 00 pm illffji ijt IK .at If '*S^ f, I L flfi jrap s&t 1 i'* ■k
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  • HOME NEWS
    • Article, Illustration
      CityDev buys bungalow land at Sixth Avenue for $9m
      406 2  -  By LEE HAN SHIH, Property Correspondent LISTED City Developments Ltd has made further inroads into the luxury bungalow market by snapping up a large plot of freehold land along Sixth Avenue for about $9 million. CityDev, the property arm of the
      406 words
    • Article, Illustration
      Liang Court shop rentals going up
      567 2  -  By SUZANNE SOH SHOP RENTALS at Liang Court along River Valley Road are going up by as much as 100 per cent, but practically all the tenants are staying put. That's because the revision in rentals is from a low base and will bring
      567 words
    • Article
      UCC Fountain Cafe makes way for Swensen's
      274 2 THE EXPENSIVE yen and higher rentals have forced the UCC Fountain Cafe to close after a five-year operation at Liang Court. A popular meeting place among Japanese, its space by the fountain in the hotel and shopping complex is being taken over by
      274 words
    • Article
      Jeyaretnam asks for presidential pardon
      285 2 IN A REVERSAL of his previous position, Mr J B Jeyaretnam said yesterday that he had formally asked for a presidential pardon on his conviction for four criminal convictions. Mr Jeyaretnam, who had earlier said he would not ask for a pardon, said his lawyers
      285 words
    • Article
      Lock icon Toray in Hongkong
      58 2 Reuter TORAY INDUSTRIES will set up an artificial dialysis centre in Hongkong for patients with kidney problems. A company spokesman in Tokyo said that Pacific Dialysis Centre Ltd, capitalised at 42.5 million yen, will be jointly owned by three wholly-owned Toray subsidiaries Toray Industries (Hongkong) Inc. Toray
      Reuter  -  58 words
    • Article
      Arts needs private corporations
      132 2 PRIVATE corporations would have to provide the impetus for the arts to flourish in Singapore, said Ong Teng Cheong, the Second Deputy Prime Minister. "The private corporations will have to be the primary motivating force to nurture arts into a viable industry," said Mr Ong, also
      132 words
    • Article
      Hi-tech farming will raise local food production substantially
      362 2 TECHNOLOGY will help Singapore boost its food production by about 50 per cent over the next six years in spite of the reduced amount of land available for farming. The Republic will then be able to produce a substantial portion of the
      362 words
    • Article
      Singapore making pitch for Lions Convention
      175 2 ALTHOUGH the outcome of Singapore's bid to host the Lions Club International Convention in 1994 is still unknown, the Singapore Tourist Promotion Board is taking no chances. It has started to lobby strongly for the 1995 convention an event which would generate tremendous spinoffs.
      175 words
    • Article
      Court affirms factory owner's rights over sale of units
      345 2 TAN BOON LIAT CASE IN THE FIRST CASE of its kind under the Planning Act, the High Court yesterday ruled that the owner of a 15-storey flatted factory in Outram Road had interpreted its 1971 written permission for the construction of
      345 words
    • Article
      MEMO PAD
      235 2 Seminars and courses Apr 6 Doing Business in Westfci Stamford Centre foe *****22 the USSR in 1989 Management Apr 6-7 Beyond Technology low Practice of letter Boulevard Hotel Dominion ol Credit Operations Conferences Publications Pte ltd Apr 10 A comprehensive study Personnel Personnel *****81 Moy 25 of The
      235 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      47 2 la collection" Van Geef Arpels Paris f\3. SPORT "2" AuthnricArl ROY EASTERN WATCH PTE LTD Tel *****39, *****35 DELUXE EASTERN WATCH PTE LTD Tel *****36/*****83 CORTINA WATCH CTR PTE LTD Tel *****85, *****71 NANKING WATCH DEALERS Tel *****04/*****58 WATCHES OF SWITZERLAND Tel *****43 BJSTA (TRADING) PTE LTD
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      Page 2 Advertisements Column 2
      29 2 QUALITY CAR AT THE BEST PRICE come ft test drive THE LONG AWAITED R19 IS FINALLY HERE. 0 TEST DRIVE AND FEEL THE BBS CONTINENTAL DIFFERENCE <5 O 5
      29 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      187 2 mmm EiR ///H H'W// Max/ Note Min <*C) 32/20 Cloudy 06/01 Clear 24/06 Clear 25/17 Clear 36/27 Clear 29/24 Clear 22/09 Clear 15/10 Sunny 15/05 Cloudy 06-02 Cloudy 20/18 Clear 08/02 Rain 27/21 Haze 13/02 Cloudy 13/05 Cloudy 22/14 Clear 27/12 Clear 08-05 Cloudy 24/17 Rain 26/15 Clear 10/07 Rain
      187 words
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  • ASIA-PACIFIC
    • Article
      Manila backs new US plan on Third World debt
      481 3  -  By AL O LABITA Jr, THE PHILIPPINES has backed a new US proposal to trim the Third World s US$l.3 trillion foreign debt, offering to be the "testing ground". "The Philippines could be the first few heavily-indebted countries to benefit from
      481 words
    • Article
      Lock icon Marcos to be embalmed if he dies abroad
      160 3 Reuter FORMER Philippine president Ferdinand Marcos will be embalmed and preserved for display in Hawaii if he dies in exile and cannot be buried at home, his wife, Imelda, says. She was quoted in an interview published in the Manila daily Business
      Reuter  -  160 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      914 3 ARRIVALS Operator Sorvlc* number Local From MAS UAL KAL MAS MAS SU CPX GU SU MA TRY QFA SAS SU USA GU SU TMA GU SU GU MAS GU SAB SU SU CAl SU SU SU SU SU TMA GU SU MAS TMA THY CPX KIM MAS
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    • Article
      Lock icon Kim II Sung lauds apology by Japan
      247 3 AP NORTH KOREAN President Kim II Sung yesterday praised a recent Japanese apology aimed at improving Tokyo-Pyongyang relations, a Japanese report from the North Korean capital said. Kyodo News Service said Mr Kim told visiting Japan Socialist Party members that "some in the
      AP  -  247 words
    • Article
      Lock icon No red carpet likely for Lange during US visit
      145 3 Reuter NEW ZEALAND Prime Minister Oavid Lange will visit the United States later this month, but because of New Zealand's ban on nuclear ships he is unlikely to find anyone to talk to in the Bush administration. "I would be surprised
      Reuter  -  145 words
    • Article
      Lock icon South Korean companies moving into South-east Asia
      568 3 AFP MORE AND MORE South Korean entrepreneurs are moving their production lines to South-east Asia to take advantage of lower labour costs and avoid the effects of the won's appreciation. In 1988, 103 Korean companies closed their factories in Seoul and moved their
      AFP  -  568 words
    • Article
      Lock icon 'Taiwan's anti-inflation drive will slow growth'
      334 3 Reuter TAIWAN'S latest anti-inflation measures will slow down gross national product (GNP) growth, officials and economists said yesterday. The measures, aimed at tightening credit and easing inflation, mean higher bank interest rates for Taiwanese exporters and are expected to erode their competitiveness in the
      Reuter  -  334 words
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      Page 3 Advertisements Column 1
      41 3 The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Lesttr B. Pearson International Airport the following day. Call your Travel Agent or Air Cauda at *****55. A BREATH OF FRESH AIR
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      Page 3 Advertisements Column 2
      242 3 A RARE OPPORTUNITY TO TASTE THE SPLENDOUR OF AUSTRIA UNFOLDS THIS APRIL AT THE ORIENTAL, SINGAPORE. J.-r: &•> I s GV 2? 9 s t- R9 ,\\\l x\v\ II m This April, an exciting discovery tour of Austria's unique culinary history begins at The Oriental, Singapore. You're invited to embark
      242 words
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  • REST OF THE WORLD
    • Article
      Lock icon Trade curbs against Soviet Union may be lifted: Cocom
      450 4 FT WESTERN NATIONS will consider lifting the special trade restrictions against the Soviet Union, imposed because of its invasion of Afghanistan, at a meeting in Paris next week of the Co-ordinating Committee on Multilateral Export Controls (Cocom). The meeting will discuss
      FT  -  450 words
    • Article
      Lock icon US airports to install new detectors
      174 4 Reuter THE UNITED STATES has announced new steps to combat airline terrorism following the bombing of Pan Am Flight 103 over Scotland last Dec 21 which killed 270 people. Transportation Secretary Samuel Skinner said in Washington on Monday that six recently developed explosives detectors
      Reuter  -  174 words
    • Article
      Lock icon Nato calls for greater unity
      348 4 AFP NATO secretary-general Manfred Woerner yesterday marked the alliance's 40th anniversary by saying it would strive in its fifth decade to heal the "unnatural division" of Europe and Germany. But his speech at the North Atlantic Treaty Organisation's Brussels headquarters was also marked with repeated
      AFP  -  348 words
    • Article
      Lock icon EC not optimistic about breakthrough at Gatt talks
      316 4 AFP THE EUROPEAN Community's Executive Commission has played down hopes of a breakthrough this week at talks to liberalise trade in Gatt, reiterating that the EC would not accept demands for abolishing farm subsidies. "The situation is not fundamentally different from what
      AFP  -  316 words
    • Article
      Lock icon Japan supports US Third World debt plan
      513 4 Sumita pledges USs4.sb towards programme Reuter JAPAN weighed in with a US$4.5 billion pledge of support for a new US strategy to ease the Third World debt crisis, giving a major boost to Washington's initiative. Despite European scepticism, the United States appeared on
      Reuter  -  513 words
    • Article
      Lock icon A who's who of the G-men in Washington
      225 4 AFP IT IS AN annual ritual for Washington the staging of the spring ministerial meetings of the World Bank and the International Monetary Fund (IMF). The IMF/World Bank meetings actually last just two days, the rest of the time being spent by
      AFP  -  225 words
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      34 4 OKAY. VISITOR, THAWS MR. FORTHB LIPPINMARN- cam ING JOANIB/ Qfi r w BY GARRY TRUDEAU YOUSTHL WELL, MAKZtM U/OMBN, MISS* SWOON, SUR£. A MISS? KIP. LOT OF QOOP THATPOeS M&! f£? 1 WR #4%
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  • BANKING AND FINANCE
    • Article
      Simex
      441 5 Eurodollar futures ended lower after early firmness linked to fading hopes of a credit tightening by the US Federal Reserve and news of a drop in March's US purchasing managers' index, dealers said. But profittaking and liquidation emerged in the afternoon to reverse the trend. June Eurodollar fell to
      441 words
    • Article
      Comex gold/silver futures
      171 5 Gold futures on Apr 3, 1989 100 troy ounces; US* per troy ounce Opon High Low s«ro« Apr 386.00 387.00 383.80 386.20 1.10 Moy 388.00 1.20 Jun 390.30 391.70 388.80 391.10 1.10 Aug 394.50 396.50 394.20 396.20 1.00 Oct 402.50 403.00 400.00 401.90 >0.80 Omc 407.00 408.40
      171 words
    • Article
      Government Securities Market
      100 5 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****V 29.06.89 3.86 3.81 3.83 3.83 6 months BS*****N 17.08.89 3.90 3.85 1 year BY*****H 23.J1.89 3.95 3.90 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
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    • Article
      Simex sets new trading volume records
      215 5 THE SINGAPORE International Monetary Exchange yesterday disclosed record monthly and daily average trading volumes for March this year. March's monthly exchange volume soared to a new high of 767,658 contracts, up 53 per cent from February. On a daily basis, last month s average
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    • Article, Illustration
      Lock icon US pleased with world's economic performance
      619 5 Reuter THE UNITED STATES has voiced satisfaction with the world's economic performance and the ability of major nations to curb a potentially destabilising rise of the dollar. But European monetary sources said Washington may be less pleased with a lukewarm response to its new
      Reuter  -  619 words
    • Article
      IMM
      268 5 IMM foreign currency futures finished higher on Monday, edging back up near session highs on active short-covering. The rally, driven partly by technical factors, fuelled renewed buying in futures. The early advance faltered when many foreign exchange traders retained their favourable outlook for the dollar despite overnight news that
      268 words
    • Article
      SES approves listing of Nomura Gulf Fund
      336 5  -  By QUAK HIANG WHAI THE Stock Exchange of Singapore has approved the listing of Nomura Gulf Fund. The US$lOO million unit trust fund is the first Middle-East fund to be listed on the SES Officials of Nomura Singapore said the fund expected to
      336 words
    • Article
      Lock icon Battle at Thai bank reflects change in traditional control
      510 5 Reuter A FIERCE boardroom battle at one of Thailand's banks has highlighted the transition from the traditional control of banking by ethnic Chinese families. Only a technical bungle prevented the father-and-son duo of Banjurd and Piyabutr Cholvicharn from losing control of
      Reuter  -  510 words
    • Article
      Lock icon Taiwan banks up interest rates as central bank tightens credit
      187 5 Reuter TAIWAN BANKS have raised interest rates in response to Central Bank measures aimed at tightening credit and squeezing inflation out of the economy. Most local and foreign banks raised their lending and deposit rates between 0.5 and one percentage
      Reuter  -  187 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      64 5 mi Results of tender for taxable book-entry Government Bond 1989 due 1 April 1991 to be issued on 7 April 1989. Tenor Amount Offered Allotted Amount Applied Interest/Coupon Rate Average Yield Price on Allotment Cut-off Yield and Price Percentage of applications at cut-off allotted Issue Code approx. 2 years *****,000,000
      64 words
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      Page 5 Advertisements Column 2
      44 5 The pleasure of a stimulated palate The flavour of Shang Palace Enter the moongate, enjoy the finest service and taste authentic Cantonese cuisine. Call 734 4805 or 737 3644 extn. 1954 for reservaoons Ample free parking space. Shangri-La hotel SINGAPORE A SHANCRI-LA INTERNATIONAL HOTEL
      44 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1557 6 SINGAPORE: The US dollar ended the session sharply lower yesterday. extending its losses in New York after Monday s dollar sales by both the Bundesbank and Bank of Japan. Stop losses helped snowball the decline Consolidation is now likely at the D-mark 1.86/ yen 130 level, ahead of
      1,557 words
    • Article
      Asian $ market
      295 6 Asian market ASIAN DOLLAR deposit rates ended easier atter a day of thin trading yesterday. Dealers said rates fell on lower crude oil prices, higher US bond prices and news that the US purchasing managers index fell to 50.4 per cent in March from 53 per cent in February The
      295 words
    • Article
      Money markets
      65 6 THE OVERNIGHT RATE on the Singapore money market rose by 3/8 point to close at 5 3/8 per cent yesterday. Short-term rates rose by 1/16 point across the board S$ Interbank rates at the close yesterday: Offff BID o.«t~fl»<t S J/t 4 1/4 1 -moMh J 3/16 5
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    • Article, Illustration
      World interest rates
      200 6 InolcitM the ivcrtgc of prtnn landing ratM of 12 mo)or bank* In S'poro Interbank market rates (offer/bid) on Apr 4 US$ DM SWFC Y«n 7 doyt 9 13/16—13/16 !>•/!* —7/1* 1/0 3 3/0 3 1/2 4 7/1* 5/1* 1 Ntftl 10 l/l* 9 13/1* 12 IS/1* 1
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    • Article
      Options
      1414 6 CURRENCY FUTURES OPTIONS Tuesday, Apr 4. 1989 DEUTSCHE MARK (SIMEX) Apr 88 COIN High Low toft Apr 88 puis Hkih Low 1 Ion 33 1 1 t 34 22 I9A 22 24 24 23 33 2 II2A no 56 II CAI 3 7 CAt ftiay N uth H>j#i Low
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      91 6 The Sichuan experience with the Meisan difference V m Savour the finest Sichuan aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art of true enjoyment. At the Meisan. H MEISAN LEUIII SZECHUAN RESTAURANT Distinctively Sichuan, tnstincavely Meisan Royal Singapore Ba«s European Holdings N V
      91 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      239 7 ending International Parcels And Documents UPS Is As Good As Taking Them There Yourself. fife* w it 'Xw Ttkm ,-x a St I!!. jSQf >p s *ÜBrii uSiii 4 H 4 *ijp» Liri A Jl !k IfA MM V w *3*»* -t a 5 *T®6 < IV Vsi- Em mSjp£t3Xma&.'-
      239 words
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  • COMMODITIES
    • Article
      Lock icon Oil price falls as Valdez port reopens
      249 8 Reuter WORLD OIL PRICES tumbled on Monday by up to US$l.2O a barrel after news that the Alaskan port of Valdez had been reopened after a major oil spill. Valdez, the terminal for a pipeline supplying one-quarter of US crude output, had been
      Reuter  -  249 words
    • Article
      Lock icon Inro consumers likely to accept reference price increase
      572 8 Reuter CONSUMER COUNTRIES of the International Natural Rubber Organisation (Inro) said they are unlikely to oppose producers' demands (or an 8 per cent rise in the Inro reference price to 217.8 cents a kg from 201. Producers, led by Malaysia, said they
      Reuter  -  572 words
    • Article
      Lock icon Opec oil demand likely to fall in second half of this year
      365 8 Reuter. DEMAND for Opec oil in the second half of this year will drop to 19.67 million barrels per day (bpd) from an average of 19.84 million bpd in the first six months of the year. The Middle
      Reuter.  -  365 words
    • Article
      Palm Oil
      401 8 MALAYSIAN crude palm oil prices closed lower yesterday. with weaker palm oil futures and Chicago soyoil futures overnight weighing on values. Traders said operators liquidated positions in anticipation of rising palm oil stocks due to poor export business. April south region fell Msls to M 5897.50 a tonne
      401 words
    • Article
      KL Tin
      224 8 ALL-ROUND COVERING DEMAND In anticipation of higher levels pushed the Kuala Lumpur Tin Market price to a new three-year high of M 526.13 a kg yesterday, up 40 cents from Monday's close, traders said. Turnover waa 203 tonnes, up from 114 on Monday, the highest since February 19M.
      224 words
    • Article
      Lock icon Crude Oil and Products
      152 8 Telerate FUEL OIL PRICES were described as fairly steady in the Singapore market yesterday. Volume of trade was thin except for 2-5,000 tonne bunker lots which were sold at US$97US$lOO tonne ex-wharf late on Monday. Players reported some tightness for first half April CST-180 but were
      Telerate  -  152 words
    • Article
      SSR and SMR
      78 8 (cantt/kg) MAY 1989 JUNE 1989 (currant month) (forward month) RAS NOON NOON Iwyart Stflin •vyart S*IWM SSK 20 '84 00 186.00N 184.00 I86.00N sst so 182.00 184.00N 182.00 184.00N MRELB 8uy*r» S*«*r. twy«n S«M«r> SMB CV 286.00 288.00N 288.00 290.00N SMR L 285 50 287.50N 287.50 289.50N
      78 words
    • Article
      Rubber
      316 8 SINGAPORE: Rubber prices ended higher yesterday with May 1 RSS buyer quoted at 205.50 cents a kg. up 1.25 cents from Monday's close, brokers said. The morning market registered a gain of 1.25 cents in quiet trade on tight short-covering. Values remained little changed in thin afternoon trade on
      316 words
    • Article
      RAS and MRELB
      304 8 RAS prices In S emMg, FOB In Mt NOON CLOSE J' Buyers C —II Buyers S*N*rs 11 fc»t 1 RSS Prompt 206.50 207.50N 206.00 207.00 Int 1 RSS May 09 206.00 207.00N 205.50 206.50 Int 1 RSS June 206.00 207.00N 205.50 206.50 lot 2 RSS OP 200.50
      304 words
    • Article
      Wheat
      199 8 CHICAGO BOARD of Trade wheat futures close higher in all contracts on Monday as late professional short-cov-ering in soft red winter wheat erased late losses. Selling in wheat was completed early in the session, and speculators needing to cover short positions on ideas the market was oversold had to
      199 words
    • Article
      Soybean
      169 8 ACTIVE commission house and professional selling hammered Chicago Board of Trade soybean futures and old crop contracts closed down 25-3/4 to 28-1/4 cents per bushel on Monday. A bearish USDA grain stocks report last Friday and follow-through commodity fund liquidation forced old crop soybeans down the 30-cent limit in
      169 words
    • Article
      London markets
      260 8 London Commodity Exchange Buyer/Seller closing prices on Apr 3, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London May 1099/1100 (1099/1100) High/Low 1111/1093 July 1005/67 (1060/69) High/Low 1077/60 Sales (1708) Cocoa May 826/828 (826/828) High/Low 836/826 July 830/831 (830/831) High/Low 841/830
      260 words
    • Article
      Precious Metals
      423 8 HONGKONG: Gold closed higher in active trading on physical demand by local investors following positive sentiment in early dealings yesterday. Dealers said selling by Singapore traders was quickly absorbed by local and Taiwanese investors due to the easier US dollar. Speculative metal buying and European demands on silver
      423 words
    • Article
      Produce Prices
      197 8 Chinese Produce Exchange Sellers' noon closing prices on Apr 4 (SI/100 kg) Coconut oil Bulk FOB 105.00 Old drum FOB 115.00 New drum FOB 119.00 Copra Mixed (loose) 63.00 sellers Pepper Muntok white FOB NIW 706.00 Sarawak white FOB foq NIW 690.00 Sarawak special black FOB NLW 477.50
      197 words
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      Page 8 Advertisements Column 1
      126 8 OUT MRUS nMIIMIIMIMIIMiiWWIiMIMI OLYMPUS S»K«?«3gR m<crocass€tte "R€CORO€R mm mm wmm mm Pearlcorder SSBO The new Pearlcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto dateAime memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape
      126 words
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  • FOCUS
    • Article
      Lock icon Chronology of the Middle East conflict
      753 9 Reuter THE NAMING OF Palestine Liberation Organisation chairman Yasser Arafat as president of the self-proclaimed state of Palestine marks a new stage in decades of bitter struggle in the Middle East. The following is a chronology of events: 1897: The first World Zionist Congress,
      Reuter  -  753 words
    • Article, Illustration
      Lock icon The guerilla who would be president
      852 9 Reuter YASSER ARAFAT, named last Sunday as the first president of Palestine, is the embodiment of the Palestinian struggle for independence. Short, bald and stubby, Arafat hardly cuts a heroic figure, but his presence sparks wild fervour from Palestinian audiences. In private, he is
      Reuter  -  852 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      63 9 u i* ft i" n v*v p m V* I ft 1 m < I IV% nth, -T w\*. r r r* < "> V <t:" S v f "*V*% t v R\AT!O nAL s ALLURE cropped jacket blouse 553 and pnnted skirt $49. Sizes: 8,10 12. At Studio Update
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  • PERSPECTIVE
    • Article
      Is it springtime for debtors?
      507 10 PERHAPS it is the spirit of renewal and generosity in the season of spring that has rubbed off on the Group of Seven finance ministers and central bankers gathered in Washington for the annual April meeting of the IMF and the World Bank. Or perhaps
      507 words
    • Article, Illustration
      Giving old attractions new life
      1830 10  -  By LIM SOON NEO THE PEOPLE at the Singapore Tourist Promotion Board (STPB) cannot wait for 1989 to whizz by. They are eagerly looking forward to the magical *****. By then, there will indeed be concrete evidence that Singapore is a "revitalised" city, where those
      1,830 words
    • Article
      What are the tourist figures saying?
      1348 10  -  By RICHARD SEAH FOUR MILLION visitors in one year make an impressive statistic. The tourist onslaught in 1988 is nearly double the number of foreigners who visited Singapore in 1978. But more impressive is the fact that it took only three years for the
      1,348 words
    • Article, Illustration
      Lock icon US consumers resist high prices
      1273 11  -  Inflation not expected to accelerate Surveys of consumer attitudes show a high level of confidence' a belief among many people that inflation will not accelerate in the next 12 months and that the unemployment rate will remain low, so they will still have work. But
      NYT  -  1,273 words
    • Article, Illustration
      Lock icon The greening of international economics
      639 11 AFP ENVIRONMENT, HIGH ON the agenda of industrial nations in the early 1970s but eclipsed later by the impact of two oil shocks and a chillier economic climate, is making a come-back in style in international economics. And it has come to stay, experts predict.
      AFP  -  639 words
    • Article
      Lock icon Will there be enough one-yen coins?
      617 11  -  Frantic Japanese have developed a passion for one-yen coins, and all thanks to the new value-added tax which came into effect on Saturday. MICHIYO NAKAMOTO reports. MICHIYO NAKAMOTO FT FOR JAPANESE politicians, the main worry about the introduction of the 3 per cent value-added
      FT  -  617 words
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      111 10 Singapore's Financial Supermarket YEARS OF GROWTH THE EMERGENCE of Singapore as a financial centre began in 1968 with the launch of the Asian dollar market. This local pride, which deals in foreign currencies, turns 21 this year. To commemorate this special occasion, BT's 1989 Banking and Finance Supplement will take
      111 words
  • Page 10 Miscellaneous
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      240 11 v m i V mm m 3 3f BRt IUN3 BREITLING EARNED ITS WINGS BEFORE MAN LEARNED TO FLY >w J In 1884 nearly 20 years before the first humble aircraft fcTX I took to the skies. Leon Breitling began designing the forerunners of today 's renowned Breitling aviation WMM
      240 words
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  • LEISURE
    • Article, Illustration
      Lock icon Did Columbus really discover America?
      502 12 VOYAGES AP THIRTY YOUTHS have returned to London from a global sailing voyage with pictures of cave carvings in Bahamas that might Oust Christopher Columbus from the history books as America's discoverer. The 30 young explorers, part of a global sea odyssey, found carvings of
      AP  -  502 words
    • Article
      Lock icon Auction fetches record prices for Pissarro and Klee
      285 12 ART UPI CAMILLE PISSARRO's shimmering depiction of fashionable people in Hyde Park and Paul Klee's abstraction of a flying machine sold for record prices for the artists' work, Christie's auction house said on Monday. The auction of Impressionist and Modern art drew
      UPI  -  285 words
    • Article, Illustration
      Lock icon Helen Reddy: From singer to board director
      790 13 PERSONALITIES Reuter WHEN Helen Reddy first heard the song Am Woman in the *****, she couldn't get it out of her mind. But she was told by record producers and friends that the song was too radical for the time. "I was advised
      Reuter  -  790 words
  • Page 12 Advertisements
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      827 12 Where to entertain ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES. PALM gig, For between $26++ and $40+ r" S i y° u can se ecl from our appetiser vjKILL buffet including seafood, smoked salmon and oysters.
      827 words
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      Page 12 Advertisements Column 2
      221 12 Explore the legendary cuisine of Scondhovb •*s£s& For generations, the legend of Hans Christian Andersen's Little Mermaid has entranced many. Similarly, the legendary cuisine of Scandinavia is worth exploring. Sample over 60 tantalising favourites in a lavish daily lunch buffet. April I—3o Adult: $33 Child: $17+ We serve the world
      221 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      208 13 <> w i Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less There's no happier time to enjoy your favourite drinks and some of
      208 words
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      Page 13 Advertisements Column 2
      84 13 White out of Black Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. 'ill lit >, WFINKM vH S vP. Nr.4 9G7644 OJs > > ,<C3fOs» J ;n etr^ an U B,n Romon t,n f
      84 words
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      45 13 OCKY'S PIZZA PASTA Conveniently Located For Your Lunch/Dinner (Just Behind Peranakan Pl«c») 9 Emerald Hill, Singapore 0922 TeL7M7O7O 1 *****73 Open 11am 11pm daily Also located at Sunset Way fir Kory Square WE DELIVER! Function Room Available For Your Office Parties, Lmdh Meetings, Birthday Parties
      45 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      668 13 CRYPTIC PUZZLE ACROSS 1 One circulates it in person (5) 6 A reputed stinker (5) 9 Sort of car for an old soldier? (7) 10 Payment to keep a vessel going (5) 11 See a measure as sure to succeed (5) 12 Like a balloon from the moon? (5) 13
      668 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1285 13 TV and RADIO Self-admiring dressmakers? h Nancy Reagan was honoured by the Fashion Designers of American for 'the outstanding contirbutions she made to American fashion*. OUR CHOICE FASHION TELEVISION, 7.30pm, Channel 12 New York, and the Council of Fashion Designers of America laud and honour the former first lady, Nancy
      1,285 words
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  • SPORTS
    • Article, Illustration
      Lock icon Runner alleges use of steroids for animals
      391 14 THE BEN JOHNSON INQUIRY UPI BEN JOHNSON'S doctor prescribed an anabolic steroid meant for animals to a member of Canada's 1984 Olympic team, a federal inquiry in Toronto was told on Monday. Tim Bethune, a 400 m Olympic runner for Canada, testified that
      UPI  -  391 words
    • Article
      Lock icon Defending champs tipped to win Tour
      464 14 MOTOR RALL Y Marina South. A SEXY Lotus Super Seven will be the centre of attraction at the fourth Motul Yokohama Tour de Sirtgapour Rallye, the premier local motor sports event, this Sunday. But the smart money is on defending champions William Lyou and
      Marina South.  -  464 words
    • Article
      Lock icon Bid to uncover American offenders
      142 14 Agencies THE ATHLETICS CONGRESS, the national governing body for track and field in the US. is asking the doctor for suspended Canadian sprinter Ben Johnson to name US athletes that received anabolic steroids from him. In a recent story in a French newspaper. Dr Mario
      Agencies  -  142 words
    • Article
      Lock icon San Diego's appeal plan angers Fay
      314 14 YACHTING AP NEW ZEALANO syndicate chairman Michael Fay has reacted angrily to a San Oiego Yacht Club decision to appeal against the disqualification of the catamaran Stars and Stripes from the 1988 America's Cup series. "The world will condemn San Oiego for being poor
      AP  -  314 words
    • Article
      Lock icon Michigan clinches NCAA title in close fight
      249 14 BASKETBALL AP RUMEAL ROBINSON made two free throws with three seconds left in overtime to give Michigan its first US national college basketball championship and cap the improbable ride of interim head coach Steve Fisher with an 80-79 victory over Seton Hall in
      AP  -  249 words
    • Article
      Lock icon Higgins defeated
      92 14 SNOOKER AFP NEWLY-CROWNEO Irish Masters champion Alex Higgins was brought crashing down to earth on Monday when he was knocked out of the world snooker championship in the qualifying rounds in Preston, England The two-time former world champion from Northern Ireland had the joy of his first major
      AFP  -  92 words
    • Article, Illustration
      Lock icon Watson keeps on pushing
      380 14 GOLF AP BENEATH THE NAME on Tom Watson s business card, the line reads: "Golf Professional." "That's what I am," Watson said. "There are other responsibilities, other commitments," Watson said, mentioning a couple of golf courses he's building in Japan, "but I'm still a golf pro.
      AP  -  380 words
    • Article
      Lock icon Augusta's looking good
      417 14 UPI MASTERS WEEK began on Monday with one of the likely frontrunners praising the conditions of the greens and the thousands of spectators praising the dazzling foliage which this year chose the first days of April to reach its peak. "I've been on a lot of golf
      UPI  -  417 words
    • Article, Illustration
      Lock icon Lindqvist in fiery form at South Carolina tournament
      474 14 TENNIS Agencies CATARINA LINDQVIST. Bettina Fulco, Raffaella Reggi and Sandra Cecchini won their firstround matches on Monday in the Family Circle Magazine Cup tennis tournament at Sea Pines Racquet Club in South Carolina. Lindqvist. seeded 10th, beat Mary Lou Daniels of the
      Agencies  -  474 words
    • Article
      Lock icon Muster moves up while Mecir falls in men's world rankings
      190 14 AFP THOMAS MUSTER, the 21-year-old Austrian who was knocked down by a drunk driver in Miami last week, has made the top 10 in the men's world tennis rankings. Muster's win over Yannick Noah of France in the International Players
      AFP  -  190 words
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      107 14 ALL IS WELL. f M.i ?jr §LJrlv&4- £L 4% I A BALANCE TRIP IS GOOD FOR THE SSL I <# V j:m jfigf V, Q. new balance* Before you close your deal, pop over P.S. Bring along your ISPO ASIA at our Tech Centres and discover some registration name tag
      107 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Audit committees: need to iron out a few things
      563 15 mmm i By HOCK LOCK SIEW PUBLIC ACCOUNTANTS have welcomed the move to set up audit committees for listed companies, which will give them an impartial forum to bring up thorny audit issues. In fact the fraternity had been expecting it,
      By HOCK LOCK SIEW  -  563 words
    • Article, Illustration
      Letting forex traders use their savvy for charity
      440 15 THE GREAT Investment Race is back in town. And this year, Hongkong-based organiser Charity Projects Ltd is challenging foreign exchange traders here in an effort to double last year's takings of $225,000, which were donated to the Community Chest of Singapore. Alan
      440 words
    • Article
      Hong Leong fails in bid for Apollo Enterprises
      477 15  -  By MAGDALENE NG DESPITE five extensions and a revision of terms at the final stage. Hong Leong group's takeover bid for Apollo Enterprises Ltd has ended in failure. When the offer closed yesterday afternoon, Hong Leong, which has less than 34 per
      477 words
    • Article, Illustration
      Allan Ng denies his purchase was insider trading
      309 15  -  Insider Trading Trial ALLAN NG BUSINESSMAN Allan Ng yesterday denied in court that his purchase of one million Sealion shares amounted to insider trading as an insider would have taken a dishonest profit by selling off the shares upon relisting. In his
      309 words
    • Article, Illustration
      Centrepoint's profit of $6.41m is on target
      450 15 CENTREPOINT PROPERTIES Ltd, the hived-off property arm of the Cold Storage group, has turned in after-tax profit of $6.41 million for the year ended Jan 31. 1989. The profit was 25 per cent higher than the previous year's figure and only slightly off
      450 words
    • Article
      Berjaya gets US$30m financing for Regnis deal
      470 15 BERJAYA CORPORATION (M) Bhd is receiving US$3O million in aid financing from four separate parties in its acquisition of the remaining 49-per-cent stake in Regnis (M) Sdn Bhd. In return, Berjaya will offer them a total combined stake of 12.5 per cent in
      470 words
    • Article
      Lock icon Deacon Chiu resigns as chairman of Asia Television
      230 15 AFP ASIA TELEVISION Ltd (ATV) has announced the resignation of its chairman Deacon Chiu. who is facing corruption charges in Hongkong. Mr Chiu resigned as chairman of the television station on Monday, an ATV spokeswoman said, adding that his three sons David,
      AFP  -  230 words
    • SES
      • Article, Illustration
        Malaysian property stocks grab investors' attention
        1119 16  -  by ANDREA BORCH MALAYSIAN PROPERTY and industrial stocks took centrestage yesterday, as the local market gained almost six points in moderate trading. Dealers said rotational interest brought Malaysian property stocks to the front. "Rumours are still going strong, and the Malaysian properties are following
        1,119 words
      • Article
        COMPANY MEETINGS
        98 16 BRITISH-AMERICAN TOBACCO COMPANY (SINGAPORE) LIMITED: 46th AGM at the Registered Office. 57 Senoko Drive, Singapore today, April 5, at 11.30 am. MALAYSIAN TOBACCO COMPANY BERHAD: 32nd AGM at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur on Wednesday April 12 at 11.30 am. CARLSBERG BREWERY MALAYSIA BERHAD:
        98 words
      • Article
        APPROVED ISSUES
        146 16 Company RIGHTS ISSUE OiC Bank One lor (wo 0|O'Spw shore Ex dote Morch Books close-. March 23 Acceptanc# Poywent: Moy 5 George Town Three-tor two (1 00 per shore Ex dote: March 13 Books close Morch 26 Acceptance Payment Moy 12 Inno-Pocific Three-tor two V X pet shore
        146 words
      • Article
        PROPOSED ISSUES
        380 16 Company RIGHTS ISSUE Ayer Hitom Tm On* for on* $1 10 per shorn Berjaya Corpn One-lor OA* Jl 00 por per ihon C 1 Holdings 27 million loon slocks m the roho ol J3 loan slock lor every live ordinary shores held Cousewoy In* Issue ol 17.252.9V nominol
        380 words
    • Article
      SES SHARE INFORMATION
      6036 16 1969 High Low Tel Cod* Company Lest Sale APR 04 ©rVol (•000) Day Lest Quote High Low Buyer Seller Gr's Dlv Dlv C'vr Gr's Y'ld Net P/E M Cap $m(l SECTION ONE I INDUSTRIAL A COMMERCIAL 162 85 260 200 112 382 244 350 132 153 162
      6,036 words
    • KLSE
      • Article, Illustration
        Lock icon Brisk trading on KLSE
        3418 17 NST SHARE PRICES yesterday finished higher on the Kuala Lumpur stock market in brisk trading on sustained buying support. Engineering-based stocks continued to command interest with a tew registering double-digit gams. Among them. United Engineers (M) surged a hefty 44 sen to M 54.88, putting on
        NST  -  3,418 words
    • REGIONAL MARKETS
      • Article
        Lock icon Dow Chemical to start joint venture in China
        211 18 UPI AN AGREEMENT to form the largest China-US chemical joint venture in China has been signed between the Dow Chemical Company and Zhejiang Chemical factory in eastern Zhejiang province. The new company, Zhejiang Pacific Chemical Corporation, will build a USSSO-million chemical production
        UPI  -  211 words
      • Article
        Lock icon Sales of Japanese vehicles hit new high
        316 18 AFP TOTAL SALES of new Japanese cars, trucks and buses reached a record high (or the 1988 fiscal year as the March figure rose 0.9 per cent on the previous year, industry figures showed yesterday. The March sales figure showed an all-time monthly
        AFP  -  316 words
      • Article
        Lock icon Sony denies reports of buying MCA Inc
        127 18 AFP JAPANESE electronics giant Sony Corp has dismissed press reports that it was negotiating to buy entertainment conglomerate MCA Inc. "That's a rumour," said Jason Farrell. vice-presi-dent for corporate communications, at Sony's offices in New Jersey on Monday. He was referring to a
        AFP  -  127 words
      • Article
        Lock icon Trial of ex-Carrian chairman adjourned for six months
        180 18 Reuter THE TRIAL of former Carrian group chairman George Tan has been adjourned for six months until the result of a codefendant's fight against extradition from Britain is known. Tan, 55, faces a total of 23 charges of conspiring to defraud Malaysian
        Reuter  -  180 words
      • Article, Illustration
        Lock icon Fifth straight record
        625 18 Tokyo Reuter TOKYO share prices yesterday continued their relentless surge in heavy turnover, pushing the key Nikkei index to its fifth straight record close and sixth straight rise. This latest rally has lifted the index by a total of 1,799.85 points, or 5.71 per cent. A stronger
        Reuter  -  625 words
      • Article
        Bangkok: finance issues active
        217 18 THAI STOCKS yesterday rose marginally in thin trade focused on the finance sector where most issues gained on expected good first quarter results. The Securities Exchange of Thailand (SET) index added 0.19 points to 443.90. Winners led losers 46 to 39 with Star Block, TISCO and
        217 words
      • Article
        Lock icon Bombay: Lower close
        177 18 Reuter BOMBAY share prices finished lower in active trading yesterday on scattered profit-taking after the market opened firm, brokers noted. They said state-owned financial institutions triggered off the selling after the market maintained the rally till mid-session. Cautious marketmen too, resorted to book gains. "The market needed
        Reuter  -  177 words
      • Article
        Lock icon Seoul: Market stays above 1000
        189 18 Reuter SEOUL STOCKS yesterday sunk below the 1,000 level on profit-taking but buying interest in afternoon trading later pushed the index above the crucial fourdigit mark. Brokers said the composite index near the dose was still down 6.14 points at 1000.01. Trading was thin at
        Reuter  -  189 words
      • Article, Illustration
        Lock icon Shares stage late recovery
        1320 18 Hongkong Reuter HONGKONG stocks yesterday surprised many players by shrugging off pre-holiday lethargy and staging a late rebound to end higher in thin turnover. "Foreign institutional buying was mainly responsible for the rebound.'' a broker said, adding "it focused on just a few issues, particularly electric
        Reuter  -  1,320 words
      • Article
        Lock icon Taipei: firm finish
        462 18 Reuter TAIWANESE share prices yesterday closed broadly firmer after cautious but continued buying interest pushed the index to a higher finish, dealers said. The weighted index gained 88.21 points to finish at 7,312.62 compared with Monday's 7,224.41 close, while turnover rose to NT560.02 billion from NT554.53 billion
        Reuter  -  462 words
      • Article
        Lock icon New Zealand: selected trading
        156 18 Reuter PRICES of most leading shares on the New Zealand market yesterday firmed, with activity confined mainly to a select few. "It's very much a hold situation for the market." said Peter Stokes, operator for Francis Allison Symes Ltd. "It's the start of the financial year
        Reuter  -  156 words
      • Article
        Lock icon Manila: Two-year high
        126 18 Reuter A SHARP RISE in the commercial and industrial index carried the Manila stock composite index to a new two-year high yesterday. brokers said. The composite index rose 6.69 points to end at 949.01 points, surpassing Monday's two-year high of 942.32 points. The commercial/industrial index also hit
        Reuter  -  126 words
      • Article, Illustration
        Lock icon Prices tumble
        578 18 Australia Reuter A BURST of selling in top industrial and gold stocks yesterday dragged the Australian share market down to an 11-month low by the close of floor trading. Brokers said falls accelerated in the afternoon as sellers took hold of the market after it broke through its
        Reuter  -  578 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon A quiet start to new quarter
        832 19 New York Reuter WALL STREET entered a new quarter quietly, with investor interest focused on a smattering of stocks, mostly linked to takeovers. Blue chips finished with a modest gain, led higher by strength in the bond market. But buying was hesitant and sporadic.
        Reuter  -  832 words
      • Article, Illustration
        Lock icon Equities open mostly firmer
        980 19 London Reuter LONDON SHARES turned mostly firmer at the opening yesterday though trade continued hesitant after Chancellor Lawson warned he would put UK interest rates up further if a major fall in the value of sterling threatened. Mr Lawson's comments, along with a weakening dollar, helped
        Reuter  -  980 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1747 19 Reuter ZURICH: Swiss share prices yesterday generally came off their day's highs and closed little changed from Monday but selected blue chips posted slight gains, dealers said. Trading volume was moderate. The all-share Swiss Performance Index was unchanged at 1,005.1 points while the Swiss Market Index for
        Reuter  -  1,747 words
      • Article, Illustration
        Lock icon Global markets up in first quarter of '89
        719 19 PIT I THE FIRST QUARTER of 1989 has been marked by some surprises in foreign stock markets. Several of the countries that were expected to perform strongly, like Japan and West Germany, have not done so well. And others, most notably Britain
        PIT I  -  719 words
      • Article
        Lock icon Investor sparks Lockheed takeover speculation
        517 19 NYT HAROLD SIMMONS, an investor and corporate raider based in Dallas, has disclosed that he owned 5.3 per cent of the Lockheed Corp. setting off speculation about the future of America's eighth-largest military contractor. Among the possibilities, analysts said, were that Mr Simmons or someone
        NYT  -  517 words
      • Article
        Lock icon Ban on Harrods report partially lifted
        200 19 AFP BRITAIN'S High Court has partially lifted an injunction preventing publication of an official report into the 1985 takeover of London's famous luxury department store. Harrods. Controversy about the takeover resurfaced last week when British businessman Roland "Tiny" Rowland, who has been trying to
        AFP  -  200 words
      • Article
        Lock icon Pearson profits up by 31pc
        243 19 Reuter BRITISH publishing to fine china conglomerate Pearson pic said on Monday that its profits jumped by 31 per cent last year. Pearson, whose holdings include Penguin books, the Financial Times paper and Madame Tussaud's Waxworks, said that pre-tax profits were £198.9 million (US$332 million).
        Reuter  -  243 words
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      664 15 Financial Newsmakers CENTREPOINT PROPERTIES LTD (Incorporated in Singapore) PRELIMINARY REPORT TO SHAREHOLDERS Th® Directors •noouno* the audited results of the Company and the Group for the year ended 31st January. 1989. After crediting and (charging) the following: Depredation of fixed Dividends from Other Investment and Interest Income TAXATION MMOWTY MTERESTS
      664 words
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  • Page 18 Advertisements
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      546 18 NOTICES Export Credit Insurance Corporation of Singapore Ltd U. 5.530,000,000 Guaranteed Floating Rate Notes due 1989 In accordance with the provision of the Notes notice is hereby given that for the six month period from 5 April 1989 to 3 October 1989, the Notes will carry a rate of interest
      546 words
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      Page 18 Advertisements Column 2
      449 18 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF DON TRADING AGENCIES PTE LTD (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP AT an Extraordinary General Meeting: of the members of the abovenamed Company duly convened and beld at 17 Phillip Street, #05-01 Grand Building, Singapore
      449 words
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      Page 18 Advertisements Column 3
      287 18 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF LANGHAMHILL PETROLEUM (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290<2Xb)] At an Extraordinary Oeneral Meeting of the Company held at 9 Penang Road #12-00, Singapore 0923 on 31 March
      287 words
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      102 19 l! UNIQUE OPPORTUNITY MAJOR 2-DAY AUCTION OF MACHINE TOOLS A GEAR CUTTING MACHINERY following Closure of R W Transmissions Ltd, Nswcsstfs, England on 25th A 26th April IM9 Over 2,000 Lots with Gear Machines by Gleason, Pfauter, Liebherr, Niles, Oerlikon, Maag, Sunderland, etc. Machine Tools by Webster Bennett, DeVlieg, Colchester,
      102 words
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  • Article
    Singapore still rated among top four investment spots
    526 20  -  Latest Business Environment Risk Information (Beri) report By ANNA TEO SINGAPORE remains among the world's top four investment spots in the latest business risk report released last week by Washington firm Business Environment Risk Information (Beri). But another Asian newly-in-dustrialising economy, Taiwan,
    526 words
  • Article
    Hongkong expected to face hard times
    591 20  -  POLITICAL ECONOMIC RISK CONSULTANCY QUARTERLY REPORT By BOEY KIT YIN HONGKONG stands at the threshold of a slowdown this year, during which the colony will go through one of its most difficult years in terms of sociopolitical and economic factors. This rather pessimistic outlook
    591 words
  • Article
    Lock icon Growing dissent apparent at China's annual National People's Congress
    315 20 Reuter CHINA'S government, fighting to contain a wayward economy and growing dissent, saw its authority questioned during the annual session of the National People's Congress that ended yesterday, diplomats said. "This is a very critical phase for China," said one Western
    Reuter  -  315 words
  • Article
    Local workers ranked top in global labour poll
    438 20  -  by ANNA TEO BUSINESS Environment Risk Information (Beri) hat once again given top marks to Singapore workers, ranking them first in its 1989 global labour poll. Singapore has maintained the top position in the American risk firm's analysis for the past 10
    438 words
  • Article
    Singapore growth rate expected to hit 8pc
    289 20  -  FORECAST BY ÜBS PHILLIPS DREW GLOBAL RESEARCH GROUP By TAN KEE WEE A HONGKONG-BASED financial institution has projected a 1989 growth rate of 8 per cent for Singapore, more optimistic than the 6 to 7 per cent GDP increase expected by the Ministry
    289 words
  • Article
    Lock icon Comex gold
    89 20 Reuter COMEX GOLD FUTURES rose in thin business early yesterday, with the support generated by dollar weakness and crude oil firmness. June gold gained US$l.2O at U*****.30 an ounce which edged out Monday's high of U*****.70. Spot gold was ahead US$l.2O at U*****.40. Analysts said the dollar's erosion
    Reuter  -  89 words
  • LATE FILE
    • Article
      Lock icon HK to let in more foreign labour
      40 20 AFP THE Hongkong government said yesterday it had decided to open its door wider to skilled workers from China and other countries due to an acute labour shortage in the British colony. AFP
      AFP  -  40 words
    • Article
      Lock icon The Yeltsin alternative
      36 20 Reuter COMMUNIST rebel Boris Yeltsin's election to a newstyle Soviet parliament last month could be a bid to produce an alternative to Kremlin leader Mikhail Gorbachev, a prominent Moecow editor said yesterday. Reuter
      Reuter  -  36 words
    • Article
      Lock icon UK blows hot and cold at Gorbachev
      49 20 AFP THE British government will give Soviet President Mikhail Gorbachev a warm welcome on Thursday and Friday, but has announced a tough line on human rights and disarmament issues. Prime Minister Margaret Thatcher has always been cautious on Gorbachev's reform programme. AFP
      AFP  -  49 words
    • Article
      Lock icon Manila seeks more Tokyo aid
      35 20 Reuter MANILA hopes to get a commitment for' a doubling ot Japanese financial aid to the Philippines when Prime Minister Noboru Takeshita visits Manila next month, officials said yesterday. Reuter
      Reuter  -  35 words
    • Article
      Lock icon Cory reshuffles Cabinet
      46 20 AFP PHILIPPINE President Corazon Aquino yesterday announced the replacement of her Science and Technology Secretary amid indications that other heads may roll in the Cabinet. She said the new Science Secretary will be the present Under-secre-tary of Trade and Industry Ceferino Follosco. AFP
      AFP  -  46 words
    • Article
      Lock icon Mubarak hopeful about US talks
      38 20 UPI EGYPTIAN President Hosni Mubarak, having ended his talks with President Bush on a note of "optimism and hope," continued his pursuit of a Middle East peace yesterday with administration and congressional leaders.
      UPI  -  38 words
    • Article
      Lock icon Jap war veterans want to go home
      37 20 AFP TWO Japanese war veterans, who refused to surrender after World War II and Joined Malaysian communist insurgents, have said they want to go home, the Bangkok press reported. AFP
      AFP  -  37 words
    • Article
      Lock icon LDP may force budget through
      35 20 AFP JAPANESE Finance Minister Tatsuo Murayama hinted yesterday that the ruling Liberal Democratic Party might call a surprise vote to force the government's budget for fiscal 1989 through Parliament AFP
      AFP  -  35 words
  • Article
    Lock icon Early Viet pullout possible: Phnom Penh official
    282 20 AFP VIETNAM could withdraw its troops from Cambodia before September if the military situation allows, according to a senior Phnom Penh official. Deputy Foreign Minister Sok An said Premier Hun Sen was willing to meet Cambodian resistance leader Prince Sihanouk in Jakarta on
    AFP  -  282 words
  • Article
    Lock icon IMF urges greater emphasis on policy of debt reduction
    145 20 Reuter, Bernama THE IMF Interim Committee has welcomed new proposals made by several countries, including France, Japan and the US, designed to strengthen international debt strategy and place greater emphasis on debt and debt service reduction. The committee reaffirmed the validity
    Reuter,; Bernama  -  145 words
  • Article
    Lock icon Hawke's envoy to hold talks in Jakarta
    230 20 AFP A SPECIAL ENVOY of Prime Minister Bob Hawke will hold talks in Jakarta on Saturday at the start of a nine-nation Asian swing to push Australia's initiative for an Asia-Pacific trading lobby. Department of Foreign Affairs and Trade secretary Richard Woolcott has
    AFP  -  230 words
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      87 20 Alpine Culinary Experience APRIL Chesa tarings to you a fresh delist tarojf|%xperien of international cuisine from Titillate your palate with alpine delights like, RACLETTE VALAISIANE melted radette cheese served piping hot with new potatoes and pickles, ZUECHER,GSCHNETZLETS HI kidagytea'BP» mushroom cream sauce, trout fillet baked the oven; iftptyjrmouthwateringliflet of <fc
      87 words
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      Page 20 Advertisements Column 2
      4 20 S«« Pages 3, 4
      4 words
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      Page 20 Advertisements Column 3
      36 20 m:. j a* '■i u > QUALITY BEFORE YOUR EYES Rodenstock frames and lenses. Tfte perfect combination oj fmaterial, technology and design. tiodenstoch West Germany Sole Agents for Singapore an J Malaysia: Sin Kwang Optical he. Uj.
      36 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Japanese dockers to go on strike
        90 21 Reuter JAPANESE dockworkers unions have told management they will go on strike this week and block entrances to container terminals nationwide. The announcement came after dockworkers and management failed to reach an agreement during talks on Friday. An official of the National Council of
        Reuter  -  90 words
      • Article
        Lock icon River Rhine reopens
        80 21 Reuter THE RIVER RHINE was reopened to all river traffic, a water police spokesman said. A tanker carrying 1,200 tonnes of heavy heating oil ran aground near Oppenheim, about 20km south of Mainz. The tanker is now in the Oppenheim harbour. The authorities had closed the Rhine
        Reuter  -  80 words
      • Article
        Lock icon Two tankers collide in Egypt
        50 21 Reuter TWO TANKERS, the Greek-registered 155,193 dwt Sir John and Indian flag 15.473 dwt Lance Naik Albert Ekka PVC, have collided in the Bitter Lakes, Egypt, Lloyds Shipping Intelligence said. It did not say when or how the accident happened or detail the damage. Reuter
        Reuter  -  50 words
      • Article
        Lock icon UAE bans meat imports
        55 21 Reuter THE United Arab Emirates has banned imports of frozen meat from Denmark because pork had been found in some shipments. The Municipalities Council imposed the ban after finding pork in three brands of Danish beef, the official WAM news agency said. Muslims can not eat
        Reuter  -  55 words
      • Article
        Lock icon Tanker scrap tonnage drops
        104 21 Reuter OIL TANKER/combination carrier tonnage sold for scrap in March fell to 247,471 long dwt (nine vessels) from 311,506 dwt (eight) in February, London Shipbroker Howard Houlder said. This brought total sales for the first three months of this year to 558,977 dwt (17 vessels) compared
        Reuter  -  104 words
      • Article
        Lock icon Workers halt search for cargo
        67 21 AFP SEARCHERS who have spent 18 days combing the Channel for a cargo of toxic chemicals, lost when a Panamanian freighter sank on March 13, temporarily halted the search on Monday, officials said. A spokesman for French maritime authorities for the first time voiced fears
        AFP  -  67 words
    • Article
      New planning network for Singapore port
      343 21  -  By Jean Foong THE PORT of Singapore Authority will embark on new computer systems for yard planning and berth allocation to complement its existing ship planning system. So far. $0.4 million has been spent on hardware for developing the yard planning and berth allocation
      343 words
    • Article
      Index to advertisers
      969 21 AS Shpg VM ABC Contomerline XI Accord Shpg VM AfS xm Ahrenkiel l„er XH Albotroi Seo-Aif VM AC Toepfer XM American Tpt XII Arrow linos XI Amoc Corrioge XM ANl M APC lino VII API V 3-5 ASO V Atlas lino xm Bolt Canada lift* IX 4/5
      969 words
    • Article
      Lock icon S Korea will open shipping market to Japan
      188 21 Reuter SOUTH KOREA has told Japan it will open its maritime industry to foreign firms without flag discrimination, a Japanese Transport Ministry official said. "This will open the way for Japanese liner operators to set up their own branches there." said Satoshi
      Reuter  -  188 words
    • Article
      Lock icon APL leads trans-Pacific box shipments
      288 21 Reuter AMERICAN President Lines, a unit of American President Companies Ltd APS, was the leading liner operator in trans-Pacific eastbound container shipments to the US in 1988, a shipping industry publication said. The Kaiji Press, a Tokyo-based industry newsletter, said that APL carried over 8.38
      Reuter  -  288 words
    • Article
      Asean lines urged to pool resources for a conference
      454 21  -  By RAHITA ELIAS ASEAN shipping lines could pool their resources to operate within some form of conference system in the long run, said Mr H R Hochstadt, chairman of Neptune Orient Lines (NOL). This "would help foster a shipping environment more
      454 words
    • Article, Illustration
      PSA to improve traffic with computerised system
      343 21  -  By Rahita Elias THE PORT of Singapore Authority (PSA) is committed to implement a computerised system for greater efficiency in managing vessel traffic. Mr Goon Kok Loon, PSA executive director, said the Computer-ln-tegrated Marine Operations System (CIMOS) will improve the interface between vessel
      343 words
    • Article, Illustration
      Lock icon French port expects to muscle in on its competitors
      484 22 The Journal of Commerce THE Port of Le Havre, France, is building new container terminals, improving its inland transportation infrastructure and cutting cargo-handling costs with a deadline in mind. When the European Community's transportation market opens in 1992, France s largest
      The Journal of Commerce  -  484 words
    • Article
      Examining the interpretation of WIBON in voyage charter parties
      1718 22  -  MARITIME LAW WIBON (whether in berth or not) is used in relation with the commencement of laytime. A chartered vessel may be unable to berth on arrival at the port, even though the shipowner wants it due to a number of
      1,718 words
    • Article
      Lock icon Weekly freights
      701 22 AFP LOW ACTIVITY on the dry cargo shipping market had rates easier on balance in the week following the long Easter weekend. The Baltic International Freight Futures Exchange (Biffex) index lost seven points over the week to 1,631 points. Traders consider the fall temporary, and anticipate higher rates
      AFP  -  701 words
    • Article
      Who acts for whom ...
      2109 22 Who acts for whom A B AB Shipping Bouatead Shpg Agenciea (S). ABC Containerllne NV Fargo Shpg Co (S). Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanua Shipping Agency (S)/Multiport Sdn Bhd (PK) Alltrana Alltrana Expreaa (S). American Preaident Linea APL
      2,109 words
    • Article
      Asean group to talk on intra-regional coordination
      555 23  -  By AL O LABITA Jr, TIGHTENING Asean cooperation in international shipping and port operations will be tackled in a series of regional conference Manila will stage next month. The conferences, to be held by the Asean SubCommittee on Ports and Shipping and the
      555 words
    • Article
      London Freights
      1052 23 LOWER freight rates emerged for grain loaders from the US to Far East ports, brokers said. The Baltic Freight Index dropped 12 points drop to 1,619. A rate of U5526.50 was agreed for grain from the Gulf to Japan compared with last business at $27.50. although the previous
      1,052 words
    • Article
      Lock icon Mitsui wins HIT orders
      91 23 Reuter MITSUI Engineering and Shipbuilding Co Ltd has won an order for nine dockside cranes from Hongkong International Terminals Ltd (HIT), majorityowned by Hutchison Whampoa Ltd. A Mitsui spokesman declined to comment on the value of the order, reported by the Japanese press as five billion
      Reuter  -  91 words
    • Article
      SHIPPING LIST where your ships are due...and when
      9134 30 aaaapia&B A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      9,134 words
    • Article
      Lock icon EC asked to defend shipbuilders
      277 34 FT EUROPE'S shipbuilders have called on the European Commission for more help to defend their industry against allegedly unfair Far Eastern competition. The request follows similar appeals in recent months by leading car and electronics producers, which have intensified debate in the EC on the
      FT  -  277 words
    • Article, Illustration
      Lock icon Normal traffic resumes
      374 34 UPI NORMAL deliveries of oil from Alaska resumed on Monday thanks to a favorable wind providing unexpected help in cleaning the shipping channel of oil from the March 24 spill, the US government said. "Normal traffic has resumed," said Capt Randall Peterson, spokesman at the US Coast
      UPI  -  374 words
    • Article
      Lock icon S Korea, USSR to open direct route
      286 34 AP SOUTH KOREA and the Soviet Union have agreed to open a direct shipping route between the southern Korean port of Pusan and the Soviet Far Eastern ports of Nakhodka and Vostochnyy, an announcement said. The Korea Maritime and Port Administration said documents
      AP  -  286 words
    • Article
      Lock icon US Coast Guard seizes ship, tests captain for alcohol
      116 34 AP US AUTHORITIES have seized a cargo ship and order a blood-alcohol test of its British captain after he steered his 220-metre vessel perilously close to the harbour breakwater, officials said. The Coast Guard intercepted the Century Hope early Saturday after
      AP  -  116 words
    • Article
      Container schedules/ships in port
      1491 34 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Voy date/time Op code cargo schedule Location M PrOptlKM Tokyo §r Nod Vo* Ck>o P'Ob*Ofc». As-o S»o' r uhdo% ft rto. Ku. T«*» Z Arthur Ms Eagle Wo»# SotorO>a ft M«*o» MO«KJT.
      1,491 words
    • Article
      Shipping events
      255 34 April 3-5 Singaport'B9. Raffles City Convention Centre. Contact: The Conference Manager, Times Conference Pte Ltd, 19 Tanglin Road, #12-01, Tanglin Shopping Centre. Singapore 1024. April 11-14 Freight Show Rotterdam, international trade fair, Ahoy' Rotterdam/ April 18-21 Expoship 89, international marine conference and exhibition, Barbican Centre, London. April 18
      255 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      22 21 TIMES STP Distributors Lines and services represented by /-J!flKS&\ Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association vJJWPw
      22 words
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      Page 21 Advertisements Column 2
      10 21 South Korea, USSR plan to open direct route, Pago XIV
      10 words
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      Page 21 Advertisements Column 3
      407 21 h,, TIMES STP Distributors ADVERTISEMENT Going for Number One L- M IMrM.i J ggjjgpgl C pr«T'- t i-s xM pa r Zfcina 15 ra i. The Port of Singapore Authority has set its sights on becoming the world's premier, full-service harbour. Executive Director Ng Kiat Chong and his top crew
      407 words
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      Page 21 Advertisements Column 4
      99 21 Le Havre port to expand France's largest container port expects to muscle in on its chief competitors. PAGE II Tightening cooperation TIGHTENING Asean cooperation in international shipping and port operations will be tackled in a series of regional conference Manila will stage next month. PAGE 111 Shipbuilders seek help EUROPE'S
      99 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      749 23 OOCL Indicated fo Sewict! Jardines 04MC SHIPPING ACfNCItS 200 Cantonnwit Road #12-05 Southpomt. Sin§i>»n 0001 14 22M011 TlliX NO IB ***** TERMINAL/CFS Til *****18 220 BOOKINGS Tot *****34 23S POAKA J All 04 NC SKIPPING AGENCIES SON. SNO PORT NCUN6 TEL: *****18 Tttoi No. MA*****/MAJ97C PENANG TIL (***** TELEX NO
      749 words
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      Page 23 Advertisements Column 2
      1144 23 -#1 MAERSK LINE ETA FTO DESTINATIONS TMa Lena M Closing Time CY 7/4 0400 HRS CFS «/4 1800 HRS LEXA M MCKINNEY M LED A M LICA M MARIT M MARCHEN M lE SE M LOUIS M M Kobe 8 M Tauro To Caiitcrrij-uS Gui»-US Atlantic-East Canaoa-A. iVa'nr S«r. c«
      1,144 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      725 24 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HONGKONG EXPRESS MONTE ROSA ALASKA MARU CITY OF EDINBURGH LARGS BAY BONN EXPRESS BENCAIRN LONDON EXPRESS P KELANG SOUTHAMPTON 8/4 HAMBURG BREMERHAVEN 30/4 ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS GOTHENBURG MALMO HELSINKI OSLO AMSTEROAM, CARIBBEAN S AMERICA
      725 words
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      Page 24 Advertisements Column 2
      283 24 1... FN AMCC NATIONAL LM EUROCEANIA RO-RO SERVICE KtlFTl VMMI CCM RONSARD 04PM CGM RIMBAUD 05P1M LOADING BRLAKBULK TO ai i TO USA-EAST COAST/GULF/CANADA MEXICO/FRENCH WEST INDIES I EAST COAST New York, Baltimore, Portsmouth, Norfolk GULF Miami, Mobile, Savannah, New Orleans, Houston MEXICO Mexico City, Vera Cruz FRENCH W. INDIES
      283 words
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      Page 24 Advertisements Column 3
      1057 24 REGULAR INDEPENDENT FULL CONTAINER SERVICE BCL/VLC ALX* TO EUROPE (VIA FEEDER) PEN PKI SIN FLX I NOR ASIA AL MUNTAZAH V 0904-3 1/4 2/4 S/4 27/4 NORASIA SAMANTHA V 8905 3 17/4 18/4 19 4 IS* 1 WOENSORECHT V 8906-3 2S/4 26/4 27/4 23/5 NORASIA MUBARAK V 0907-3 2/5 3/S
      1,057 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1123 25 '0 The Straits Steamship Group Wt P&O wACont Containers Staa M'kurf rkmm R'daa am om am am ONTAINER SERVICE TO UK CONTINENT 1. 1J um am am am om on aft on m crrr or n UWMT Alto Accepting Cargo For: Naataßf to Capanftapa*. Awlhm. C HMi W Aatawip. Amsterdam.
      1,123 words
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      Page 25 Advertisements Column 2
      964 25 HUH VAMP I IklC WEEKLY EXPRESS INDEPENDENT brill TMNu LiriC far east/europe fully containerised service WE9TWWP HANJIN ROTTERDAM 7W CHOYANG CHANCE 41W HANJIN HASAN 4BW HANJIN LEMAVUE MM EASTBOUND PMG FLOTA MERCANTE GR ANCOtOM Bl AN A, S.A CAvr. COMPANIA ANONIMA VENEZOLANA DE NAVEGACION (NATIONAL LINE OF VENEZUELA) To Buenavwitura/BarranquiHa/Santa
      964 words
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      Page 25 Advertisements Column 3
      346 25 Hai Sun Hup Co (Pte) Lu TEL *****06 (20 Line«| TLX R*****1 4 R*****2 nuire/ JAPAN/ sTum sermce SPECIALIST IN RO-RO ft HEAVY LI WSSEL ASIAN SOU TROW wov Mn CH,D KOCMI VOY. MO. 1 71 Sport Sailad 12/4 15/4 P. Kalang 15/4 ]|/4 Ponang Hong Kong Moji Tomakomai for
      346 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      503 26 \l USINOSE MARITIME PTE LTD ISLAMIC RCPUBLIC Of IRAN SHIPPING LINKS r virvi IRAN EJTEHAD PJLH7 IRAN EXRAM PJLMS jiaiiik KYOWA LINE MOTHER VSL KYOWA HIBISCUS V.31 KYOWA VIOLET V 25 LOAD FOR. VILA, NMA. LTK, SUVA. PAGO. APIA GUAM, SAIPAN, MRA, VILA, NMA. LTK. SVA, PAGO. APIA GUAM/9AIPAN SERVICE
      503 words
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      Page 26 Advertisements Column 2
      648 26 QO HANJIN SHIPPING CO., LTD TO EUROPE VIA SUEZ HANJIN ROTTERDAM M CHOTANC CHANCE 41* HANJIN U HAVRE IN TO FAR EAST PORTS FROM EUROPE VIA SUEZ L» Nwn ft'tai Htarg B'havm FMmm Spar* QUEENS WAT BRIDGE 7E 22/3 23/3 2*/3 2V3 27/3 17/4 CHOYANG PARK IE 3/3 W) 31/3
      648 words
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      Page 26 Advertisements Column 3
      219 26 LIN LIN SHIPPING PTE. LTD. I. Hifuin* Road. *05-01 Central BuiUini Singapore 0105 Tat: S33SD4 A 533M22 Agents PASIR GUDANC iOMOft BAHRU UJUNGTANAH SKIPPING SON BHD JOHOR BAHRU TEL 23M01. *****. 23HK TLX: BUCOM3 \WIYM Vic pwi| fllNlMfi 110. »-A JALANBERANGAN. POUT KELANG, SELANGOR. MALAYSIA. TU: Moj. 3mm, 3U9IU. JHO/M,
      219 words
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      Page 26 Advertisements Column 4
      1207 26 w EVERGREEN illl Loniatt, Round-The-World East Bound (FE/CARIB/USEC/EURQ/FF ever cfNius w m XL ill £2 SSS EVW GENTRY MM 22/ M «/M SE S« OUK St« 1W 0M» im £2 E™ ss i as 5 S s s C A D 13M IM6 I*Bs n/05 I 2« ovw 3M* U*
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      870 27 SB w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES j JAKARTA ACCCTTMO MUNUNAN/TONAKOMAI/MfTACM CAJMO VM HKO YOK MOO KOO 17/4 It/4 I*4 14n 1M I|/| »4 24/4 HAWK SSI7 HAWK Mia BANGKO KOTA MAWAN MAI HiN PIVA OHUM SURABAYA/SEMARANG f XINGANG HA
      870 words
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      Page 27 Advertisements Column 2
      619 27 I \rm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT R HAVEN ROM J* 49 m m *4 R» HMtataM hi CNyrfEPMor* I*4 M 20M Umt 22/4 L««4«i Ciprm V* m m 1W iw up MH EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HM rHAVU IDW HAVRE STON t KLANC S KWf
      619 words
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      Page 27 Advertisements Column 3
      463 27 DJASAGETRI A Joint Europe Service Of: P.T. UAKAITA lion P.T. GESUtI UOYD P.T. SAMISEIA INDONESIA P.T. TMKONA LLOYI EXPRESS SEMI CONTUNEHSNIP SERVICES ANTWERP H'BI RDAM/ADAM BRE 11/5 16/5 66 11.6 13/7 11/7 H'BURG/ BREMEN Port BaM, Port Atoundrta, Q«noo. Trtool*. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK
      463 words
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      Page 27 Advertisements Column 4
      394 27 1 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR imppwc cawMiTw (Burmese National Line) 1* Loading for Rangoon i%Z PA-AN Vl3M* Apr PAGAN VMM 101 Aar Z MTONEYWA V24CW IMI Apr NORTHBOUND TO SPORE RDAM HMBG HULL TAMATAJ SAMOA VISN 23/4 20/5 24/5 10* BBBSJP" 1 19 IVYBANK V24N 12/8 11/7 15/7
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      792 28 Q K I IM KAWASAKI KISKN KAISHA. I.TI). WTZjTgXIi rrrrrrarerrr OOCL FAITH NEPTUNE JADE Vl6/00CL FH OOCL FORTUNE AMBASSADOR BRIDGE VIA ftEDtH •pk/png sgp OOCL FAITH NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE 4I N. Al feeder vessel OOCL FAITH MARIA NEPTUNE JADE OOCL FORTUNE -PK/PNG 4/4 M m 25/4 MOTHER
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      Page 28 Advertisements Column 2
      502 28 > AUSTRALIA EXPRESS CONTAINER SERVICE Accapflng FCL/FCL CotMntn 'm KALIOAS V.4IH TULSIOAS V.4OH KALIOAS Y42M TULSIOAS V 4IM KALIOAS V.43H 17 Apr 11 Apr 11% CaomtxyKmdb/Bomtey Ma, 8 Apr 29 Apr CotonOo/Mmta/fembiy 11 Jw» 5 Jum S Jmw Cotomba lUndfe/Bombay 2J Ana 23 Juna Z3 mn« lUndta/Bomtay XMr 24 My
      502 words
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      Page 28 Advertisements Column 3
      445 28 STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cstonto/KaradN/OHtMi GOLDEN HAVEN Catonto/KjradN/OHtMi GOLDEN KM Cotanbc Karacx. OuO*. on ha nvn A VESSEL Hmh»m/Shaitftt CANJIANC A VESSEL GOLDEN LINE GIMN GUAM SHTf»tG (Pit) LID j> <af «i. M t.NCAMNE MM ru: VMHM (M LINES) EM: VJ4BM LFSERVICE: J|M M-M, CHINA OCEAN SHIPPING CO., PEKINI
      445 words
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      Page 28 Advertisements Column 4
      365 28 p V .1' wmiui IV4 Em 3 ffn PHIL I -ORIENT LINES PTE LTD\ HEAD OFFICE 63 ROBINSON ROAD CO7-12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 HSr/m eht m s to. ETA MNCAPOtE PESTINATIOW 55 OML'wSTkI DUBAI. HO—OH, KUWAIT DOHA, MUSCAT, BAHRAIN ABU DHABI t
      365 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1501 29 ASpore NEPTUAE HGEMCKS PIE. LTD. Bookings BookinfS Inward/ liwuwm rc IU/AUSr TPA/SfA Outward 2/$»// 2/tt/M 2795/42 2WW4 inolll 2/***** 2nOttl 2W0148 rctntMi *****22 CFS *****U r —ill NEPTUNE NEfIME SON BHD PK«4a«f x&aj R-luirpuf p«n«M 2****** 6W)j< J.I *****0 62/6 CO SI 5(93 67/661 *****4 62/662 EXPORT IMPORT i) i>K
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      Page 29 Advertisements Column 2
      837 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** pciiAMr P KELANG MESSRS HAI THONC Stf.A Ptnang*S HAVING SYSTM COM* WO CaWes lAYAPOH PENANG. Tel: *****4/*****S
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      221 30 r DSR-LINES paoh" n INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE •VIA LAMIACA: ACCEPTING CARGO FOR UMASSOL BEIRUT, LATTAKIA, ALLXANORIA, PORT SAIO, PIRAEUS. THESSALORIKI. I2MIR. MERSIN, ISTANBUL TO COLOMBO A INDIAN SUB-CONTINENT MAMAS. CALCUTTA, COCHIN, CHITTAGONG, BOMBAY TO FAR-EAST OUTBOUND 0. GftOTEWOHI 3*9 RUHLANO
      221 words
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      Page 30 Advertisements Column 2
      88 30 T.S.K. LINE AEEKIY CONTAINERISED SERVICE m WITH FIXED DA y APRIVA, EXPORTS TO TAIWAN JAPAN TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT VSO ETA SIN 11/4/H SPORE kaoshiung KEELUNG TOKYO SHIMIZU NAGOYA KOBE 4 DAYS 5 DAYS DAYS 9 DAYS 10 DAYS 11 DAYS EXPORTS TO SURABAYA
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      156 30 i Regional Weather a V Ft VI 8 ■s 3 *5 3K 1 »s SIGNIFICANT WEATHER AND SEA CONOfTIONS AT 7JO AJL Apr! 5. If •c o Wnd direction witfi tpeed knot* LIGENO R T. Temp*roture c 2 Weott>er WrxJ d».cton wrth ipeed n knot* V *o«» (J "o" Wave
      156 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1806 31 <t> w i 1 i i r i w ill #~l I 1 TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 cn a n IJ mil aujjf j —Jj cl_ tfj j n ij\i l 1 Algerian National Line FAR EAST I MEDITERRANEAN SERVICE S PORE LOADING FOR MV
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      Page 31 Advertisements Column 2
      123 31 J& FARGO SHIPPING TeI:SS4 Q122 REGULAR EXPRESS FCL& LCL SERVICE 4 DESTINATION BANGKOK ETA SINGAPORE JARU BHUM PIYA BHUM SIRI BHUM 31N 7/4 171N 11/4 407N 10/4 POUT KELANG (FCL ONLY) KITI BHUM KEELUNG. KAOHSIUNG JAKARTA (FCL ONLY) TOKYO, KOBE, BUSAN (FCL ONLY) KARACHI. BOMBAY, COLOMBO (FCL ONLY) W, «/4.
      123 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      122 32 IS c SAV Coms jn;j Sud American J a? Vjaores S iEXPRESS gjjg to/from CHIE T^M^'t?2u.PAl»AtSo Agents Singapore *****00 K Lumpur /*****5/6/8, *****19, Bookings *****08 P Kcling 368/318 GOODWAY LCL ACCEPTANCE TO NOUMEA. FIJI SIN HKG NOUMEA SUVA IV4 23,4 15,5 2»/< V 5 iff 13/5 21V5 Isff EXPRESS SAILINGS
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      Page 32 Advertisements Column 2
      300 32 Cargo bookings Tel: private limi *****88 (5 TUG/BARGE* WYAMA TRIDENT EMERALD BACALOC TEQUILA SUNSHINE REGULAR LINER SERVICE TT3T* ETA 10-15 APR BAND J A ETA li APR ISTANBUL/GENOA/VENICE/RIJEKA ETA m APR HKC. S'NAI HA 10 APR MANILA. BATANCAS ETA 10 APR BENGHAZI, TUNIS LD SEALS LINER SERVICE OLYMPIC MERIT End
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      Page 32 Advertisements Column 3
      349 32 L* PERINTIS LINE WEEKLY full container service ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA General Agents ASIA PERINTIS LINES PTE LTD •0 Anson Road #25-04 IBM Towers Singapore 0201 Tel: *****3 Tlx ***** A/8 PTASIA FAX: *****53 CR NO. *****MQ000C ahrenkiel liner service CONTAINER 4 LCL SERVICE TO
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      606 33 Everett Lines COMPANIA PERUANA OE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. MURRAYEVERETT THOMASEVERETT HUGHEVERETT P. Kelang 9/10 Apr Singapore 11/12 Apr 23/24 Apr 1/3 May 'EVERETT ORIENT LINE' T
      606 words
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      Page 33 Advertisements Column 2
      395 33 Z I FULL CONTAINER SERVICE icc*p(in| FCL/LCL wrgoes to USA E»»t I West Coast. CarribbMn.Ejtt Canada. HAITI Costa Rica. El Salvador. Guatemala. Honduras. VonuMla. Peru Ecuador. Colombia via Miami. Trinidad. Barbados Antigua St Lucia. Montsorrat. Guayana via Kingston -C':.ii" T 7T!TrT7'—TV'TT»TVTMT!iJ IM Him YORK IN IBERIA W IBERIA IM MONTREAL
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      Page 33 Advertisements Column 3
      520 33 nn »iI L L SMM»PW4O FfIANSOOWTAIION (P?t) LTD WEEKLY LCL/FCL SERVICE PORT KELANG 8 APR MANILA 12 APR HONG KONG. ALL CHINA PORTS 8 APR KEELUNG. KAOHSIUNG 8 APR BUSAN 11 APR TOKYO. KOBE 11 APR CHITTAGONG 7 APR DUBAI 10 APR SYDNEY. MELBOURNE 11 APR BRISBANE. ADELAIDE 11 APR
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      Page 33 Advertisements Column 4
      485 33 lit GLORV NAVIGATION GROUP 4illMSU*fr TAIWAN TO SINGAPORE A ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SCLATAN VI Voy 45 30/3 GLORY SCLATAN V Vo» 109 1/4 GLORY SCLATAN VIII Vo» tt PKL PNC BIN KAON v* S/4 12/4 6 VESSELS OF LOG CARRIERS 5 VESSELS OF
      485 words
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      Page 33 Advertisements Column 5
      420 33 PTC CONTAINER LINES FCL LCI SERVICE IIM FAi EAIT 9/4 KEELUNG/KAOHSIUNG 8/4 BANGKOK 9/4 MANILA 8/4 JAKARTA 8/4 PORT KELANG/PENANG 11/4 BUSAN 11/4 TOKYO/YOKO/KOBE 8/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/FuAou/ Xiamen/Xingang/Shanghat SIM EUROPE UK 9/4 RDM/HAM/ANT/LE HAVRE/GENOA 9/4 LDN/FLX/LVP/SOU SIN USA/CANADA 9/4 L.A./NYC/SFO 9/4 VANCOUVER/TORONTO/MONTREAL 11 11/4 SYD/MELB/ADEL/FREM
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      41 34 Expeditors International (Pac-Bridge Shipping) U.S.A. Twice Weekly LCL/FCL Services To/Fro W Coast, E Coast ft Inland Points EUROPE WEEKLY CONSOL TO/FROM MAIN EUROPEAN PORTS Also Accepting Cargo to Other Destinations Bookings Enquiries to: TEL: *****24 FAX: *****79 TLX: RS ***** EISWB
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      Page 34 Advertisements Column 2
      806 34 cpr *v T¥V 'VAwlvlv CALL US AT: P. KELANG PENANG J. BAHRU P GUOANG SINGAPORE K. LUMPUR 3645/53/368/111 04 *****2/4, 62/283 0/*****8 «13/5, *****0, 5133/1 02 *****22 *****68 WEEKLY PAR EAST/EUROPE CONTAINER SERVICE ■iViiii-it ii I 1 ■»*:'.v.';i N DEJIMA B. SURIA TO EUROPE FEEDER P KELANC BUTANG B. BUTANG
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