The Business Times, 6 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 THURSDAY, APRIL I, 1989 75 CENTS
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  • Article
    FINANCIAL NEWS SUMMARY
    267 1 Dow up WALL STREET gained slightly in early trading yesterday in an atmosphere of caution about the economic outlook. The Dow Jones average of 30 industrials rose 6.42 to 2,304.62 at 1430 GMT in the first hour of trading. Gainers held a narrow edge on losers in
    267 words
  • Article, Illustration
    Tokyo continues climb
    226 1 THE TOKYO market continued its rise to a record high but at a slower pace, while the local and Sydney markets recorded losses. In Singapore, share prices closed lower across the board due to lack of buying support and widespread profit-taking in moderately active trade. The Straits
    226 words
  • Article
    US$ ends higher against yen
    116 1 THE US dollar yesterday closed higher against the Japanese yen and other major currencies in the Asian foreign exchange markets. The yen was weakened by growing political uncertainty fuelled by Japanese press reports of donations totalling 50 million yen to Noboru Takeshita's political support group
    116 words
  • Article
    Lock icon Vietnam to pull forces out of Cambodia by end-September
    541 1 Reuter, AFP VIETNAM said yesterday it would pull all its forces out of Cambodia by the end of September and invited India, Poland and Canada to supervise the withdrawal. Premier Hun Sen told a press conference in Phnom Penh yesterday that
    Reuter,; AFP  -  541 words
  • Article, Illustration
    Property giants eye Thai Embassy site
    694 1  -  Redevelopment project could cost over $500 m By LEE HAN SHIH,ELAINE KOH A NUMBER of regional property heavyweights are looking into buying the Thai Embassy site in Orchard Road for a redevelopment project that could cost more than $500 million. Interested parties, some acting
    694 words
  • Article
    US$50m unit trust fund for Malaysian equities market
    460 1 By QUAK HIANG WHAI THE RECYCLING of surplus funds from cash-rich countries to South-east Asia continues with the launching of the first Malaysian offshore unit trust fund for non-resident investors soon. Naoshi Yonekubo, chief investment representative of Nikko International Capital Management. told
    460 words
  • Article
    Ong Chwee Kou invites tenders for Claymore Point
    421 1  -  By LEE HAN SHIH CLAYMORE POINT, a project initiated by the defunct Carrian group and bought by local contractor Ong Chwee Kou (OCK) group in 1984, has been put on the market for what is said to be a minimum of $80
    421 words
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      Page 1 Advertisements Column 1
      147 1 'Burberrys'! i CB 0 J Y»|< >. J 1 I < Reigns when it pours z Full report, PAGE 18 Reg markets, PAGE 20 World markets, PAGE 21 0X g y J V J k FOR SMALL BUSINESSES At Great Pacific Finance, we understand your desire to grow. We're the
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      Page 1 Advertisements Column 2
      293 1 Portrait of a BT reader BUSINESS TIMES is pleased to report that a recent survey has showed that the paper has emerged as the second most highly read daily among Singapore's affluent population. Who is the BT reader? Are you one? Advertising and Marketing, on Page 10, also looks at:
      293 words
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      58 1 TOTAL TRANSPORTATION it?! te1:265-3833 CROWN PACIFIC M E L W A N I THE MEN'S FASHION STORE :a V Civilised JU+ V* f > With a touch of Urban unrest So distinctive Fashioned Metwam a s A JL ~V K> <* Pi H f3U- > V PANCALDI A B B*
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  • HOME NEWS
    • Article, Illustration
      Certified course for retail staff planned
      495 2  -  VITB to set up formal training programme By SUZANNE SOH RETAIL STAFF and productivity will get a boost in June with the launch of a nationally recognised training scheme, said Dr Tay Eng Soon, the Minister-in-Charge and chairman of the Vocational and Industrial Training
      495 words
    • Article
      CAAS to be host at two airport forums
      236 2 THE CIVIL Aviation Authority of Singapore will play host to two world airport body working committee meetings in the next two months. The two-day 6th International Civil Airports Association (ICAA) World Passenger Facilitation Committee Meeting will begin today. The 2nd ICAA Asia
      236 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      270 2 APPLE COMPUTER International has appointed PETER CHAPMAN as business manager for the Singapore/Malaysia region. He will work with the company's distributors in these two countries while being based in Singapore. He has over 10 years' experience in the US information technology industry. MICHEL E GEDAY has been
      270 words
    • Article
      Dassault-Breguet optimistic about chances in region
      502 2  -  By WALTON MORAIS FRENCH AVIATION GIANT Das-sault-Breguet is unperturbed that the memorandum of understanding signed between Malaysia and Britain for the purchase of defence equipment would affect its efforts to penetrate the Malaysian and South-east Asian market. Although the memorandum signed last September for
      502 words
    • Article
      Italian fashion designer to hold workshop for local trade
      221 2 ITALIAN fashion designer Luciano Soprani will conduct an "Approach to Fashion" workshop for more than 150 members of the fashion fraternity at the Hyatt Hotel tomorrow. During the two-and-a-half-hour workshop, Mr Soprani will speak on the design evolution of his personal
      221 words
    • Article
      MEMO PAD
      673 2 Seminars and Courses 1 L Q K CAHNERS EXPOSITION GROUP Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 A Apr 6 Doing Business In the USSR in 1989 Beyond Apr 6-7 low Practice of letter of Credit Operations Apr 10 A comprehensive study May 25 of The Employment
      673 words
    • Article
      Town councils taking over estates
      180 3 NINE town councils formed under Phase I of the Ministry of National Development's three-phase town councils plan will take over the management of their Housing and Development Board estates soon. From May 1 this year, three town councils in Ang Mo Kio New Town will
      180 words
    • Article
      Four companies raise petrol prices
      87 3 PETROL PRICES rose last night by about 2.7 per cent. The pump prices of Mobil, Shell, Singapore Petroleum (SPC) and Caltex went up progressively from 7pm last night. The price of super or premium petrol went up 2.6 cents per litre to 95.4 cents, while
      87 words
    • Article
      Roads to be re-opened to traffic
      116 3 THE SECTION of Kallang Road from Rochor Road to the junction of Crawford Road and Lavender Street will be re-opened to normal traffic from 10am this Saturday. The junction of Home Road and Kallang Road will also be opened to traffic. Buses will revert
      116 words
    • Article
      Die cast workers to get training centre
      240 3 A CENTRE to train workers for the die casting industry has been set up by the Singapore Die Casting Society. An announcement on the opening of the training centre will be made at the die casting society's annual dinner, to be held tomorrow
      240 words
    • Article, Illustration
      Keeping an eye out for S'pore students
      638 3  -  BRITISH POLYTECHNICS By MARGARET THOMAS BRITISH POLYTECHNICS, which became self-governing institutions on April 1, are keen to do more business with Singapore. They would like to attract more Singapore students to their degree and other courses, and increase the staff exchange and consultancy
      638 words
    • Article
      Apply for passports early
      132 3 MEMBERS of the public are being advised by the Immigration Department to send in their passport applications well before their dates of departure. With the mid-year school holidays beginning at the end of May, there is usually a sudden increase in the number of applications. This,
      132 words
    • Article
      Chung Khiaw's branch at Orchard Road to extend Saturday banking
      141 3 THE UNITED Overseas Bank group will extend banking hours at its Chung Khiaw Orchard Road branch on Saturdays from 11.30 am to 3pm, starting this week. The branch, which is also operating Sunday banking, will be the only branch along
      141 words
    • Article
      OUB offering new foreign maids deal
      197 3 OVERSEAS UNION Bank is offering a new guarantee-for-foreign-maids package which is open to customers with a minimum individual annual income of $24,000. Other features of the new package announced by the bank yesterday include: a bankers' guarantee of $5,000 or $7,000 (for Filipino maids
      197 words
    • Article
      Hong Guan Metals offers automation consultancy
      475 3  -  Package of services for SMEs By GENEVIEVE CUA LOCAL COMPANY Hong Guan Metals will be offering automation consultancy services to small- and medium-sized firms. Managing director James Teo told BT that this would involve offering SMEs a range of services in turnkey projects, from
      475 words
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      146 2 WORLDWIDE EXPRESS <* Prompt pick-up and delivery 24 hours a day 1 7 **> v% -M <? 111^ m o k** I C— ].S I r^afr m m* P7/;\ per: til V 4 <4 >> TOTAL ENTERTAINMENT HAS COME TO SINGAPORE DHH Ridley Six Entertainment Worlds of Fun in One!
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  • Page 3 Advertisements
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      271 3 w. m m m 80 >* m rn\ 7i M M. V r*. •r a e rIL Sfc p vV v. j ir I i L 4 VI» w M <££g '/M J 1£ Z® m j ft E or !<? •i 9ft S 3*'^ fc 4 I 52 >•'
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  • ASIA-PACIFIC
    • Article
      Lock icon US industries complain about trade barriers
      649 4 Americans seek retaliation Bernama MORE COMPLAINTS about trade barriers, said to be imposed by Malaysia and other countries, have poured into the US Trade Representative's (USTR) office in Washington from American industries wanting trade retaliation as a way to increase their exports. Last week,
      Bernama  -  649 words
    • Article
      ADB sets aside US$750m for Asia's reforestation
      478 4  -  By AL O LABITA Jrla THE Manila-based Asian Development Bank (ADB) has earmarked some US$75O million to finance private-sector investments in Asia's reforestation. In a statement on Monday, the ADB expressed alarm over the depletion of Asia's forest resources which has been accelerating
      478 words
    • Article
      Lock icon Deng's absence from NPC seen as desire to quit politics
      283 4 AFP THE CONSPICUOUS absence of China's paramount leader Deng Xiaoping from the National People's Congress (NPC) signalled his desire to quit a political arena that he has dominated for 10 years, analysts have said. The final day on Tuesday of
      AFP  -  283 words
    • Article
      Lock icon Petition for amnesty given to Beijing
      234 4 AP A PETITION calling for the release of China's political prisoners and signed by 24,000 people has been given to China's legislature, a week after it was seized by customs officers. The official Xinhua News Agency reported that customs officials in Tianjin forwarded the
      AP  -  234 words
    • Article
      Lock icon Asean urged to lobby Europe for best possible treatment after 1992
      361 4 Bernama ASEAN GOVERNMENTS have been urged to lobby the European Commission to ensure the best possible treatment for their exports and commercial interest in the wake of Europe after 1992 "There is clearly something for the respective governments to
      Bernama  -  361 words
    • Article
      Lock icon Soviets believe ties with Seoul will expand
      191 4 Reuter THE SOVIET UNION believes ties with South Korea will expand swiftly into many economic fields, a senior Soviet trade official said on Tuesday. Vladislav Malkevich. chairman of the Soviet Chamber of Commerce and Industries, said after a visit to Seoul that bilateral
      Reuter  -  191 words
    • Article
      Lock icon 'N Korea will be classless by 1993'
      313 4 AFP NORTH KOREA will become a "classless society" by 1993, once residual individualistic thinking in the countryside is eliminated, one of its leading economists said. Rhee Ki-Song. a member of Pyongyang's Academy of Social Sciences, said yesterday that 40 years after President Kim
      AFP  -  313 words
    • Article
      Lock icon N Korea to re-open talks with Japan
      282 4 AFP NORTH KOREA intends to reopen government-level talks with Tokyo on its detention of Japanese seamen on spying charges, a Japanese Socialist Party (JSP) leader said on Tuesday. Makoto Tanabe, a former JSP secretary-general, was speaking to Japanese journalists in Pyongyang after meeting
      AFP  -  282 words
    • Article
      Lock icon Japan urged to invest part of surplus in Pakistan
      163 4 AFP PRESIDENT Ghulam Ishaq Khan of Pakistan has urged Japan to channel part of its trade surplus back to Pakistan through industrial joint ventures and transfers of technology, officials said. Speaking to a group of 15 Japanese businessmen who met him
      AFP  -  163 words
    • Article
      Lock icon Bangladesh eyes Aussie markets
      216 4 AFP BANGLADESH has targeted Australian markets for its booming garment exports, informed sources in Dhaka said on Tuesday. The objective is to emulate Dhaka's success in the American market where Bangladesh is now the fifth largest garment supplier among newly-developing countries, they said. The Australian High
      AFP  -  216 words
    • Article, Illustration
      Lock icon Italian premier calls for expanded world trade
      199 4 AFP ITALIAN Prime Minister Ciriaco de Mita on Tuesday called for an expansion of world trade to dispel Japanese fears of protectionism arising from the unification of European Community markets in 1993 Mr de Mita, who arrived in Tokyo on Sunday on a
      AFP  -  199 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      889 4 ARRIVALS Operator S«rvict Local From number tim« MAS MH653 0920 PEN ACA AC888 0925 VYZ/LON/iOM S1A SQI03 0950 KU CPX CX7I0 1000 CGK MAS AAH609 1020 KIR GtA GA975 1055 CDG/AUH GIA GA960 1 too CGK SU SO 105 1105 KUl tu ***** 1130 8WN T»Y MI8II
      889 words
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      81 4 i** #«i 4 ?1 k Spend a year in Holland and earn an MBA Unique MBA programmes with specializations in 1. Industrial Policy 2. Accounting and Finance Write for more information to: KVB The Head of the Graduate Studies Department Netherlands International Institute for Management (RVB I P 0 Box
      81 words
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      37 4 LONDON Cillyvur Tnvel Agent or Air Ctntdi ar 7)2t555. A BREATH OF FRESH AIR The busincM pcnoa'i choice cmy Tacaday, Thurtdav. Saturday and Sunday. Leaving Changi Airport at z2M hoan and arming Heathrow early the fallowing morning.
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      131 4 '"V Adelaide Amjltrdom Max/ Not* Mln (°C) 22/18 Fin* 04/01 Cloudy 22/09 Clowdy 26/17 CJ«or 37/26 Cloor 29/21 Ooor 18/06 Cloudy 15/10 Sunny 23/10 Cloor 06/01 Rain 21/16 Cloudy 12/04 Rain 27/20 Show*-* 06-02 Cloudy 17/06 Cloudy 26/14 Cloor 28/14 Cloor 08-04 Cloudy 24/15 Fin* 27/15 Cloor 11/06 Cloudy 02-02
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  • REST OF THE WORLD
    • Article
      Lock icon Bush to visit Europe for Nato celebrations
      464 5 FT PRESIDENT George Bush has announced plans to travel to Europe next month to attend a special meeting of the North Atlantic Treaty Organisation (Nato) celebrating the 40th anniversary of the alliance. Speaking on the actual anniversary of the treaty on Tuesday, the
      FT  -  464 words
    • Article
      Lock icon Nato general cautions against cutting US troops in Europe
      245 5 Reuter THE COMMANDER of allied forces in Central Europe has cautioned the United States against removing any American troops from Nato based on Soviet leader Mikhail Gorbachev's promises of force cuts. West German General HansHenning von Sandrart said in Washington on
      Reuter  -  245 words
    • Article
      Lock icon W German industrial upswing continues
      247 5 FT FURTHER EVIDENCE of the continuing buoyancy of the West German economy was provided on Tuesday with the news of yet another large monthly trade surplus and an upturn in industrial production early this year. West Germany's trade surplus totalled 11.4 billion Deutschemarks (US$6 billion)
      FT  -  247 words
    • Article
      Lock icon Accord on reopening Gatt talks within sight
      555 5 Reuter LEADING negotiators, including those from the United States and the European Community (EC), said on Tuesday they were nearing an agreement on getting the stalled trade talks moving again. But they said at separate briefings in Geneva that many details were still
      Reuter  -  555 words
    • Article
      Lock icon US farm leader urges drafting of new bill
      270 5 AP CONGRESS should write a 1990 farm bill on the assumption that the European Community (EC) will block any chance of substantive progress for easing world agricultural trade restrictions, a US farm leader said on Tuesday. Mr Dean Kleckner, President of the
      AP  -  270 words
    • Article
      Lock icon Gorbachev may pardon Cuban debt
      79 5 UPI SOVIET PRESIDENT Mikhail Gorbachev on Tuesday said he was willing to pardon Cuba's estimated US$lO billion debt, but said more talks were necessary with Cuban President Fidel Castro before "taking concrete steps" to cancel it. At a news conference following his address to the
      UPI  -  79 words
    • Article
      Lock icon Stop arms supplies to Latin America: Gorbachev
      277 5 Reuter AP SOVIET leader Mikhail Gorbachev issued a renunciation of the export of revolution on Tuesday. Addressing the Cuban National Assembly in Havana, he called for an end to arms supplies to the region and rejected US assertions that Latin America was part
      Reuter; AP  -  277 words
  • Page 5 Advertisements
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      217 5 IS THIS WHAT ITS UKE GETTING MONEY OUT OF YOUR customers: You've heard it all. "The accountant's on holiday". "The director is on a business trip for 3 weeks". "We can only make payment at the end of the month". Excuse upon excuse that means only one thing your bills
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      83 5 Doonesbury BY GARRY TRUDEAU DOtrrtWßKi ABOUT rr, jo Am. EVERYONE'S A UTTIE SHOOK UP mEN THE-Y FIRST SEE ME. THANKS FOR COMING. I IAJANT YOU TO MEET MY POCTOR, RUP/ KLEIN. POC t THIS IS JQANIE CAUCUS, AN OLPFRJENP FROM LAW SCHOOL... rW\ r HELM, DOCTOR. PR. KLEIN'S BEEN CARING
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Argentina abolishes 'commercial rate'
      369 6 UPI ARGENTINA abolished one of its three exchange rates on Monday in what is expected to be a prelude to the devaluation of the austral, which the country's new economy minister hinted could range from 20 per cent to 25 per cent. The central bank declared
      UPI  -  369 words
    • Article
      Options
      1405 6 CURRENCY FUTURES OPTIONS Wednesday, Apr 5, 1989 DEUTSCHEMARK (SIMEX) Apr M calls High Low 53 80 SO 54 12 12 55 56 It 57 Salt 80 12 2 CAB CAS A 29B 1188 pr 88 puts Low San 2 31 120 52 52 High May 88 call* Low Salt
      1,405 words
    • Article
      Asian dollar market
      257 6 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading yesterday due to a general lack of interest. Dealers said the market is looking to tomorrow s release of US March employment data for direction. Short-dates and term rates were mostly steady at the outset
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    • Article
      Comex gold/silver futures
      178 6 Gold futures on Apr 3, 1989 tOO troy ounces. USS par troy ounca Opw Mfh Low s«m« Apr 386 00 387 00 383 80 386 20 ♦1.10 May 388 00 1.20 lun 390 30 391.70 388.80 391.10 1.10 Aug 394.30 396 50 394.20 396.20 1.00 Oct 402.30
      178 words
    • Article
      IMM
      227 6 IMM CURRENCY FUTURES ended the session on Tuesday with strong gains and near the day's peaks as traders began to rule out a near-term rally in the dollar. Traders reported a widely held consensus that central banks had contained the dollar for the time being. G-7 finance ministers have
      227 words
    • Article
      Lock icon Simex
      499 6 BA Futures JUNE Eurodollar futures yesterday opened 14 ticks higher than Tuesday's Simex close at 89.63 on a 19 per cent drop in US car sales in late March which supported the view that the US economy is slowing. Prices edged up to the resistance level of 89 65
      BA Futures  -  499 words
    • Article
      Forex markets
      1529 6 SINGAPORE: The US dollar consolidated its losses since the start of the week, ranging between D-mark 1.8753/1 8700. yen 131.57/131.30. pound 1.7049/1.6975 and Singapore dollar 1.9500/1 9455 yesterday The widening net of the Recruit Cosmos scandal included rumours of more arrests in Tokyo, and continued to undermine the
      1,529 words
    • Article, Illustration
      World interest rates
      195 6 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on Apr 5 USS DM SWfC Y«n 7 doyt 9 15/16— IJ/16 12 1/2— 12 3/0 I/O 5 5/0 5 1/2 4 7/1* S/l* 1 mill 10 l/l* 9
      195 words
    • Article
      Money markets
      58 6 THE OVERNIGHT RATE on the Singapore money market closed unchanged yesterday. Short-term rates rose by 1/16 point across the board. S$ Interbank rates at the close yesterday: Of FEB MO o»««rvghl 5 3/8 S 1/4 1-month S 1/4 5 1/8 2 month 5 S/16 5 3/16 3 month
      58 words
    • Article
      Government Securities Market
      100 6 Treasury bills Day's Period Issue Yesterday's closing code Maturity HO OFFER HIGH LOW 3 months BQ*****A 06.07.89 3.85 3.80 3.86 3.80 6 months BS*****N 17.08.89 3.90 3.85 1 year BY*****H 23.11.89 3.95 3.90 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Interest rate cuts and open markets vital
      562 7 THE IMF AND WORLD BANK MEETINGS Reuter INTEREST RATE CUTS, low inflation and open markets are vital for the economic health of the industrial and developing world, according to the International Monetary Fund (IMF). "A reduction in world interest rates and a more
      Reuter  -  562 words
    • Article, Illustration
      Lock icon Year-end target set for decision on quota increase
      530 7 FT THE POLICY-MAKING Interim Committee of the International Monetary Fund on Tuesday set a target of the end of this year for deciding on an increase in IMF quotas, or membership subscriptions. Before then, delicate questions have to be resolved on the
      FT  -  530 words
    • Article
      Lock icon Swift launched in Malaysia
      155 7 Bernama THE SOCIETY (or Worldwide Interbank Financial Telecommunication (Swift), a highly sophisticated computerised international financial telecommunications network, was launched in Kuala Lumpur on Tuesday by the Minister of Energy, Telecommunications and Posts. Oatuk Leo Moggie. Swift, a cooperative society owned by member banks worldwide, has 24
      Bernama  -  155 words
    • Article
      Lock icon Call to step up aid to Africa and Latin America
      265 7 AFP FINANCE MINISTERS from both developing and industrialised nations wrapped up five days of meetings in Washington on Tuesday with a call for increased assistance to the developing countries. The Development Committee. a joint body of the IMF and the
      AFP  -  265 words
    • Article
      AIA offers scheme designed for women
      346 7  -  By HONG LEE TIAM AMERICAN International Assurance yesterday launched the first insurance savings plan designed specially for women. Known as the Lifestyle Savings Plan, it offers coverage for cancer that afflicts women, maternity benefits, life insurance. triennial payments and a lump sum maturity benefit.
      346 words
    • Article
      Lock icon Fight between central banks and dealers
      592 7 WHAT IS THE APPROPRIATE LEVEL FOR THE US DOLLAR? Reuter CENTRAL BANKS and currency traders are haggling over the appropriate level for the dollar as they wait tor a slowdown in the US economy and a drop in American interest rates to slow its
      Reuter  -  592 words
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  • COMMODITIES
    • Article
      Lock icon Second palm oil refinery to be set up in Egypt
      280 8 Bernama EGYPT will be the marketing centre for Malaysian palm oil to the Mediteranean region and West Asia when a second palm oil refinery is set up there by Sime Darby and an Egyptian company. The Egyptian ambassador to Malaysia.
      Bernama  -  280 words
    • Article
      Lock icon Hyundai teams up with two companies in US oil project
      211 8 UPI HYUNDAI CORP, one of South Korea's major trading firms, signed a contract to explore oil and gas in the United States in a joint operation with a US firm and a stateowned Taiwanese firm, a Hyundai spokesman said on
      UPI  -  211 words
    • Article
      Lock icon No commercial success yet from Kelantan oil exploration efforts
      177 8 Bernama EXPLORATION EFFORTS in Kelantan waters have yet to come up with quantities of oil that could be commercially exploited, the Minister in the Prime Minister's Department, Datuk Kasitah Gaddam, said on Tuesday. Replying to a question from Senator Hassan Harun
      Bernama  -  177 words
    • Article
      Lock icon 'KL cocoa industry must progress'
      220 8 Bernama MALAYSIA'S cocoa industry must progress despite the current low prices so that it can keep up with the pace when prices improve, says Primary Industries Minister Datuk Dr Lim Keng Yaik. He told a press conference in Kuala Lumpur on Tuesday that Malaysia was
      Bernama  -  220 words
    • Article
      KL Tin
      161 8 A MILD TECHNICAL CORRECTION yesterday halted the Kuala Lumpur Tin Market's bullish run of 10 f° n e^" Ww# trading days, closing five cents lower at MS26 08 a kg, traders said. The P r ce did not fall much despite an attempt by a European trader to
      161 words
    • Article
      Precious Metals
      301 8 HONGKONG: Closed yesterday for the Ching Ming festival TOKYO: Yen-denominated gold futures closed unchanged to easier in thin trading yesterday. Dealers said trading was quiet in the absence of active players as uncertainty over the near-term direction of the yen/dollar rate as well as energy prices put them
      301 words
    • Article
      London Markets
      266 8 London Commodity Exchange Buyer/Seller closing prices on Apr 4, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option OF London May 1119/1120 (1099/1100) High/Low 1120/1093 My 1087/1088 (1065/67) High/Low 1088/1060 Soles (2928) Cocoa May 817/818 (826/828) High/Low 820/814 July 822/823 (830/831) High/Low 826/820
      266 words
    • Article
      Palm Oil
      388 8 MALAYSIAN crude palm oil prices closed higher on covering and speculative buying, in sympathy with a rebound in palm oil futures. Trading was thin as concern over rising palm oil stocks continued to caution operators from taking up large positions. April south and central regions both rose Mslo
      388 words
    • Article
      Produce Prices
      191 8 Chinese Produce Exchange noon doting pricn on Apr 5 (SI/100 kg) Coconut oil ki KM 105.00 OW <trum FOB 115.00 Nt» drvM FOB 119.00 Copra (tooe#) 63.00 Pepper FOt NiW 700.00 WO»W wWTt FOB »oq NIW 690 00 Sorowak ipockil Mack FOB NIW 462.50 Sarawak Atto black FOB
      191 words
    • Article
      Wheat
      145 8 CHICAGO BOARD of Trade soft winter wheat closed lower on Tuesday with May settling near session lows, with late trading quiet and featureless. A mix of exporter and commission house selling kept wheat prices lower throughout the session, but trading volumes were light. New crop contracts ended lower, despite
      145 words
    • Article
      Rubber
      361 8 SINGAPORE: Rubber prices ended slightly lower yesterday with May 1 RSS buyer quoted at 205.50 cents a kg. unchanged from Tuesday's close, brokers said. The morning market ended slightly lower in quiet trade after hovering narrowly in the absence of new market-moving factors. Values remained little changed in thin
      361 words
    • Article
      RAS and MRELB
      269 8 RAS prices In S cents/kg, FOB In baltt NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 206.00 207.00N 206.00 207.00 lot 1 RSS May 89 205.50 206.50N 205.50 206.50 lot 1 RSS June 205.50 206.50N 205.50 206.50 Int 2 RSS OP 200.00 202.00N 200.00 202.00N
      269 words
    • Article
      SSR and SMR
      76 8 (csnti/kg) MAY 1989 JUNE 1989 (currant month) (forward month) RAS NOON NOON 8uy*r» S*U«rt lvy«rs Sdtn sse 20 183 50 185.50N 183.50 I85.50M SSR 50 181.50 183.50N 181.50 183.50N MRELB S«IWM kytrt S*IWn SMR CV 284.50 286.50N 286.50 288.50N SMR I 284.00 286.00N 286.00 288.00N SMR 5
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    • Article
      Lock icon Crude Oil and Products
      163 8 Telerate FUEL OIL PRICES were stable to firm in the Singapore market yesterday. First half April CST--180 remained tight while some uncertainty still prevailed for second half April and May cargoes Sell indications were notionally pegged at US$97-US$99 tonne fob Sing but few buyers would even
      Telerate  -  163 words
    • Article
      Soybean
      138 8 ACTIVE TRADING in European cash soy markets supported Chicago Board of Trade bean and meal futures on Tuesday but Chicago prices slipped from early highs in late quiet trading. Soybeans bounded higher at the outset as the market corrected from Monday s sharp selloff. and received support from European
      138 words
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      Page 8 Advertisements Column 1
      120 8 THEIR PHON ES *mm« H^EN'T STOPPED RINGING The effectiveness of advertising in Business Times has been proven yet again. Mr Mo Xiao Hui and Mr Albert Adam of M V Marketing Pte Ltd jointly placed an advertisement in the Business Times on January 12 13,1989, to attract investment entrepreneurs and
      120 words
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  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      2085 9 DBS FIN ANCE DBS FINANCE LTD AND SUBSIDIARY COMPANIES BALANCE SHEET AS AT 31 DECEMBER 1988 11b Provision toe PomlWc Low Lomm The Company The Group The Company Star* Capital Authorised 50.000.000 shares of Ssl each Issued and fully paid 46.000.000 shares of S)1 each Share premium account Reserve fund
      2,085 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Trussardi seeks specialised distribution partners
      472 10  -  By Genevieve Cua ITALIAN fashion house Trussardi is scouting for partnerships with "specialised distribution companies" in South-east Asia, with a view to building a marketing network in the region. The decision to restructure its operations in the region bears its first fruit in Singapore. Last
      472 words
    • Article
      WEA acts to beat counterfeiters
      382 10  -  By SANGEETA MULCHAND WEA RECORDS is going all out in an aggressive campaign to beat counterfeiters and parallel importers in the music industry. The campaign, launched with Madonna's controversial album, "Like A Prayer", involves advertising in the print media, being more creative with free gifts
      382 words
    • Article, Illustration
      BT readers upwardly mobile and well-read
      443 10  -  NEWSPAPER READERSHIP SURVEY By GENEVIEVE CUA THE Business Times reader is typically male with an administrative or managerial job to his credit. He flashes at least one credit or charge card, possesses a car and owns two or three watches. He is also well-read,
      443 words
    • Article
      COPY LINES
      200 10 OGILVY PUBLIC RELATIONS GROUP has appointed Paul Verbinnen as its director of international operations Based in Europe, Mr Verbinnen will focus on "developing the network to meet clients' needs related to a more unified Common Market". Mr Verbinnen was previously the regional director for the Asia/Pacific Group. Steven
      200 words
    • Article, Illustration
      Hill and Knowlton's new group director
      301 10 EX-BURSON MARSTELLER man Martin Lim has been appointed group director at Hill and Knowlton as part of the agency's aim to beef up operations in specific areas "We want to strengthen and expand our capabilities in certain core areas.'' said Arun Mahizhnan. Hill and
      301 words
    • Article, Illustration
      An Arden sophisticate
      305 10 $1.25 MILLION FACE-LIFT IN QUEST FOR YOUNGER WOMEN OF THE 90s ELIZABETH ARDEN is going through a $1.25 million face-lift. The American make-up and skincare company is to shed the matronly image that it has acquired over the years and go all out to change its corporate
      305 words
    • Article
      Lock icon Will Saatchi remain No 1?
      727 10 When Saatchi Saatchi bought Ted Bates worldwide three years ago, it lost millions of dollars' worth of business. And when it announced its intentions to buy two banks a year later, it met only investor resentment. This article tries to explain why Saatchi made those
      NYT  -  727 words
    • Article
      Hill and Knowlton looking for mergers and acquisitions
      215 10 HILL AND KNOWLTON is looking to expand both within itself and through mergers and acquisitions. said general manager Arun Mahizhnan. "We are looking at lateral as well as vertical expansion other public relation companies as well as companies involved in design and
      215 words
    • Article
      Lock icon Low-calorie desserts from Baskin-Robbins
      86 10 Reuter BASKIN-ROBBINS INC has introduced a line of frozen dairy desserts made with the low-calorie sweetener NutraSweet at about 2,500 of its outlets worldwide. The company, in Chicago, said that from April 1, its sugarfree Low, Lite 'n Luscious line will come in three flavours and
      Reuter  -  86 words
  • Page 10 Advertisements
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      Page 11 Advertisements Column 1
      1699 11 GREAT PACIFIC FINANCE GREAT PACIFIC FINANCE LTD AND SUBSIDIARY COMPANIES BALANCE SHEET AS AT 31 DECEMBER 1988 Share Capital Authorised 100,000,000 shares of Ssl each Issued and fully paid 40,000,000 shares of Ssl each Reserves TheComf 1988 Ss'ooo 100,000 40,000 The Group 1987 SS'OOO SS'OOO Current Liabilities Amount due to
      1,699 words
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  • PERSPECTIVE
    • Article
      Moving up the Beri ladder
      489 12 BUSINESS TIMES THURSDAY, APRIL 6 1989 BEING NUMBER ONE brings with it a heady sense of privilege. Singapore knows the feeling well enough. Indeed, it seems to thrive on superlatives that reflect a "bigger, better, faster, higher" syndrome Singapore's claims to fame range from having
      489 words
    • Article, Illustration
      Lock icon What the latest deals mean for Airbus
      831 12 FT THE DECISION BY Cathay Pacific Airways of Hongkong to buy a fleet of 10 European A-330-300 medium-range wide-bodied 300-plus seat Airbuses, worth US$l.l billion with 10 more on option, is significant for several reasons. Following the recent order for 20 of those
      FT  -  831 words
    • Article, Illustration
      Moving ahead with biotech
      1705 12  -  The Far East is the fastest growing market in the health-care industry. And Scitech Medical Products, with Saul Mashaal at the helm, is all set to become a leader in biotechnology. ANNA TEO reports. ANNA TEO GO FORTH AND MULTIPLY was the mandate laid down generations
      1,705 words
    • Article
      Freedom for all
      961 12  -  RELIGIOUS TOLERANCE NEEDED OTiElMffNgVjTwl By SEAH CHIANG NEE I UNDERSTAND the recent survey on religious trends in Singapore conducted by a three-member NUS team has not been well received by some Christian evangelists. Written by Messrs Eddie Kuo, Jon Quah and Tong Chee Kiong, the report warns
      961 words
    • Article, Illustration
      Lock icon Chinese inventor bemoans bureaucracy, ignorance
      765 13 Reuter CHINA BROUGHT the compass, paper, printing and gunpowder into the world, but it now brings misery to its inventors, says one of the country's top patent holders. Ge Xiaofeng, 25, whose many creations include a painless injection, a driver-less car and a super-sensitive radar,
      Reuter  -  765 words
    • Article, Illustration
      Lock icon The skies are limited
      782 13 Airports are bursting as more Japanese travel Reuter JAPANESE FLOCKING overseas to sightsee, shop and soak up the sun are helping cut Japan s contentious trade surplus, but packed-to-capacity airports are threatening to curb the boom A record 8.43 million Japanese travelled abroad in 1988, up
      Reuter  -  782 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      576 13 When in Singapore do as the Finns do MtGohC^^ea Wind Of soccer THE 'et C' M ,i H iel \«ternationa trai I He Ml vS«n, r Football Abbas A° wa3 prepared v> q{ tfelI -»ygsto deab Fio»f lhe \rg%rS>j£&£"*~- he had sP M' P^ iden currentJd Finnair P r te
      576 words
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  • LEISURE
    • Article, Illustration
      Lock icon Filmmaker finds Vietnam untapped
      703 14 MOVIES UPI FILMMAKER Patrick Duncan is convinced that "war pictures" and movies about Vietnam are two separate genres. Duncan, writer and director of 84 Charlie Mopic, is a decorated combat veteran (two Purple Hearts and a Bronze Star) who spent 13 months in Vietnam. Like Oliver
      UPI  -  703 words
    • SHORT TAKES
      • Article
        Lock icon The movie that inspired Reagan
        383 15 Agencies FORMER United States president Ronald Reagan credits the movie Mr Smith Goes To Washington as the one that most affected his life and led to his quest for the nation s highest office. "I began to realise, through the power of that motion picture,
        Agencies  -  383 words
    • Article, Illustration
      Lock icon Renoir painting sold for £10.3m
      515 15 ART AP A PAINTING by Pierre-Auguste Renoir of a man helping a woman up a wooded path has been sold for £10 34 million, a world auction record for the artist, auctioneers Sotheby's said. The price paid on Monday night by London dealers Baskett and
      AP  -  515 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      936 14 Where to entertain. ONE GOOD REASON TO LUNCH ATTHE PALM GRILL IS OUR APPETISER BUFFET ANtmiER IS THE CHOICE (>l MAIN C(X RSES. PALM w For between $26++ and $40+ r-mi i y° u can se et 1 ftom our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose
      936 words
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      Page 14 Advertisements Column 2
      187 14 SILK-ROUTE MANDARIN SINGAPORE PRESENTS SILK ROUTE EXPRESSIONS IN COLOUR ORGANISED BY CHINA SILK HOI'SE IN CONJUNCTION ITITH SINGAPORE INTERNATIONAL SHOPPING FESTIVAL. FEATURING EXCLUSIVE DESIGNER SILK FASHIONS AND TOP MANNEQUINS FROM CHINA D A T E 2 2 APRIL Stf TIMB.I.JOPM VENUE NEPTUNE THE A TRE RESTAURANT Dinner show too/, nett
      187 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      199 15 There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice And much more. At Cafe in the Park A© Century Park Sheraton
      199 words
    • Advertisement
      Page 15 Advertisements Column 2
      70 15 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. v > H. *£*o^* „v ()ualitats\vein Kneinhessefi |H m\NN-wfinkh Cv I' v V i' Nr 49C7M4 OJkv J btvrm ln Homon timi# ,1 '-m The tro&Monat
      70 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      618 15 CRYPTIC PUZZLE ACROSS 1 Clothing unit? (6) 7 Has he news about beer? (8) 8 In art circles, a shining example (4) 10 Fated to achieve nothing by the sea (6) 11 Moody colour (6) 14 Satisfied to have found a friend? (3) 16 Bird putting river water in a
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1344 15 TV and RADIO OUR CHOICE THE TWO MRS GRENVILLES, 10.30pm, Channel 5 In tonight's first part (Part Two will be shown tomorrow night), Ann-Marga-ret becomes Mrs Grenville when she marries wealthy Billy. Unfortunately, they tie the nuptial knot without the blessings of Billy's mother, the numero uno Mrs Grenville (Claudette
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  • SPORTS
    • Article, Illustration
      A double life for doubles ace
      592 16  -  [Teenager riding wave of success on and off tennis court By A SURENDREN AN EXOTIC MIX is what Kimberly Po will bring to the $150,000 DHL Singapore Women's Open from April 10 to 16. The pretty 17-year-old, who has a Singa-pore-born father and a
      592 words
    • Article
      Lock icon Aussies press on with Cup preparations
      179 16 YACHTING AP AUSTRALIAN SYNDICATES planning to challenge for the America's Cup yachting trophy will continue their preparations for a series in 1991 in spite of the San Diego Yacht Club's appeal against a ruling that it must forfeit the Cup. Australian syndicate chairmen Alan
      AP  -  179 words
    • Article, Illustration
      Lock icon Graf and Navratilova make rocky start to tournament
      536 16 AP TOP-SEEDED Steffi Graf and No. 2 Martina Navratilova both struggled in the early going before winning on Tuesday in the second round of the US$3OO,OOO Family Circle Magazine Cup tournament in South Carolina. Graf, the top-ranked women's player in the world,
      AP  -  536 words
    • Article
      Lock icon Lendl turns down Davis Cup call
      88 16 AFP IVAN LENDL has turned down Czechoslovakia's offer to return for its Davis Cup clash with Boris Becker s West Germany in Prague tomorrow. Non-playing captain Frantisek Pala said on Tuesday that he rang Lendl in the US but the world No. 1 refused
      AFP  -  88 words
    • Article
      What money can actually buy
      504 16  -  COMMENTARY: ACHIEVING EXCELLENCE IN SPORT By MIKE THUMBA WHAT AILS Singapore sports? The lack of money! Athletes can't produce excellence if Singaporeans do not enable them to earn a decent living. With a rice bowl to fill, their commitment is divided. Their hip pocket gets
      504 words
    • Article, Illustration
      Lock icon Calcavecchia puts last year's disappointment behind him
      722 16 GOLF AP MARK CALCAVECCHIA was the chief casualty when Sandy Lyle hit that magnificent sand shot a year ago that set up his victory in the US Masters "I'm in the house and he's in the bunker and I'm thinking I've won the
      AP  -  722 words
    • Article
      Lock icon Body rapped for erasing records of steroid users
      155 16 THE BEN JOHNSON AFFAIR AP THE MAN heading a Canadian federal inquiry into drug use in amateur sports has criticised the Ontario Track and Field Association for its decision to erase from its books records set by athletes who admit to steroid
      AP  -  155 words
    • Article, Illustration
      Lock icon King rules supreme for Bullets
      526 16 BASKETBALL AP BERNARD KING scored 43 points and Jeff Malone added 29 on Tuesday, pacing the Washington Bullets to their 14th consecutive home court victory, 104-96 over the New Jersey Nets. The 43 points are the most King has scored since he played for New
      AP  -  526 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      500 16 NOTICES THE COMPANIES ACT, CAP. 50 t,M. APPAREL PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 75 Bukit Timah Road. #05-05 Boon Siew Building, Singapore 0922 on sth day of April, 1989 the special resolutions set
      500 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Property shares in the limelight in first quarter of year
      713 17 mm™ By HOCK LOCK SIEW THE PROPERTY sector of the stock market is booming. There's no doubt about it. In just the first quarter this year, the Straits Times Property Index rose by 23 per cent, more than the 16
      By HOCK LOCK SIEW  -  713 words
    • Article
      Emas signs M$308m contract
      401 17  -  By KEVIN GWEE KUMPULAN EMAS Bhd has finalised a Ms3oB million privatised water supply contract with the Perak state government. This deal was clinched through Metropolitan Utilities Corporation Sdn Bhd, a 45 per cent owned associate of Salcon Engineering Sdn Bhd, which is in turn, a
      401 words
    • Article, Illustration
      Kingsgate's hotels said to be up for sale
      706 17  -  World's best-known chains showing keen interest By FLORENCE CHONG NEW ZEALAND-BASED Kingsgate International is believed to have placed its hotels, including the Hyatt Kingsgate in Sydney, on the market. Some of the world's bestknown hotel chains are said have shown keen interest
      706 words
    • Article, Illustration
      MPHB and Perlis Plantations deny share swap rumours
      362 17  -  By HERMAN PHUA MULTI-PURPOSE Holdings Bhd and Perlis Plantations Bhd have denied recent rumours that they are considering either a share swap or a merger. In an announcement yesterday, MPHB said it has not entered into any negotiations with any company for
      362 words
    • Article
      Hotel Prop after-tax profit triples to $4.66m
      586 17  -  By MAGDALENE NG HOTEL PROPERTIES Ltd (HPL) has turned in a sparkling set of 1988 year-end results. For the 12 months to endDecember, group profit after tax and minorities nearly tripled to $4.66 million ($1.56 million) on a 27 per cent rise in
      586 words
    • Article, Illustration
      No reason why witness should be hostile in normal circumstances: Ng
      440 17  -  Insider Md" 9 ALLAN NG ON HIS THIRD DAY m the witness stand, businessman Allan Ng told the court that he could not think of any reason why the key prosecution witness at his insider trading trial should be
      440 words
    • Article
      CPF names five more trustee stocks
      290 17 FROM TODAY, five more stocks will be added to the list of the Central Provident Fund (CPF) Approved Investments Scheme. The five stocks which have been granted trustee status are Cold Storage Holdings Ltd and its hived off property subsidiary Centrepoint Properties Ltd, L&M
      290 words
    • Article
      United Malayan Flour accepts revision to rights issue
      270 17 UNITED MALAYAN Flour Mills Bhd has received approval from the Malaysian Capital Issues Committee for its bonus and rights issues proposed earlier in October, but with one revision concerning the rights Instead of the one-for-one rights issue priced at par (Msl 00),
      270 words
    • SES
      • Article, Illustration
        KL stocks, lower-liners in focus as prices fall in moderate trading
        788 18  -  by ANDREA BORCH MALAYSIAN and lower-priced stocks continued to attract investors' attention yesterday as share prices fell in moderate trading. Malaysian stocks accounted for half of the top 10 most active issues, with properties and warrants continuing to show
        788 words
      • Article
        Unit trusts
        335 18 Managers' prices UOB Management for April 6 Unifund 1 06 1 06 Unibond 1015 104 Singapore Unit Trust MARA-Bumiputra The Commerce 1 07 The Savings Fund 091 S pore Prog Fund 0 41 S pore Sec Fund 069 S'pore Invest Fund 075 S'pore Equity Fund 051 1 13
        335 words
      • Article
        COMPANY MEETINGS
        101 18 MALAYSIAN TOBACCO COMPANY BERHAO: 32nd AGM at the Ballroom. Hotel Equatorial. Jalan Sultan Ismail. Kuala Lumpur, on I Wednesday April 12 at 1.30 am. &ARLSBERG BREWERY rIALAYSIA BERHAO: 19th GM at No. 55 Persiaran Selangor, Section 15. ***** ?hah Alam, Selangor. on uesday April 18 at 11.30 CHEMICAL
        101 words
      • Article
        APPROVED ISSUES
        176 18 Company RIGHTS ISSUE 0 C Bonk One tor two $0/5 per shore t< dote March 9 looti close Mwrt 23 Acceptor** Poyrwer*! May 5 George Town Three lor two $1 00 per ihO'i Ei dole March 13 Books clow March 20 Acceptance 4 Poyment May 12 Inno Pontic
        176 words
      • Article
        PROPOSED ISSUES
        393 18 Company RIGHTS ISSUE Ayer Hitam Iio One tor one 3 $1 10 per shore &e<|Oyd Corpn On* lor on* $1 00 por per shore C 1 Holdings 27 million loon stocks m the ratio ol S3 loon Slock lor every tin* ordinary shares held Cousewoy ln» Issue ot
        393 words
      • Article
        SES SHARE INFORMATION
        6173 18 1989 High Low Tel Code Company Last Sale APR 05 orVol (000) Day High Low Last Quota Buyer Seller Gr's Dlv Dlv C'vr Gr's Y'ld Not P/E M Cap Smil SECTION ONE INDUSTRIAL COMMERCIAL 162 85 260 200 112 382 244 350 132 153 162 280 54ft
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    • KLSE
      • Article, Illustration
        Lock icon KL prices fall in dull trading
        3653 19 MBT REVERSING two consecutive sessions of gains, share prices on the Kuala Lumpur stock market slipped into minus territory yesterday Trading was lackadaisical with counters which had posted sharp advances lately bearing the brunt of profit-taking. A handful of doubledigit price changes aside, movements
        MBT  -  3,653 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Seoul shares up 77pc a year for 1986-1988
        783 20 AFP SOUTH KOREAN stock prices have risen at an annual rate of 77.4 per cent in the past three years, making the country a paradise to all but foreign investors who will have to wait several years before they can gain greater
        AFP  -  783 words
      • Article
        Lock icon Hoechst to expand its fibre interests in South-east Asia
        443 20 FT HOECHST. the West German company which is the world's biggest chemicals group, plans to expand its fibre interests into South-east Asia. Two years ago. Hoechst moved into the US fibre market by buying Celanese for US$2 85 billion. The integration
        FT  -  443 words
      • Article
        Lock icon Jakarta bails out ailing steel mill with US$75m
        240 20 AFP THE INDONESIAN government has injected US$75 million into a troubled giant steel mill it co-owns with a private local firm and a FrancoSpanish company, the official Antara news agency said. Antara yesterday quoted Junior Minister for Industry Tungky Aribowo as saying
        AFP  -  240 words
      • Article, Illustration
        Lock icon Sony knows it's no easy task to go to Hollywood
        562 20 Reuter SONY CORP's desire to expand into Hollywood's movie-making industry could prove to be a difficult task. Masaaki Morita, chairman of Sony Corp of America. said a relationship with CBS Inc's CBS Records group that spanned 20 years eased Sony's
        Reuter  -  562 words
      • Article
        Lock icon New Zealand: Shares slip
        216 20 Reuter THE FEATURELESS New Zealand share market yesterday lost modest gains made so far this week and brokers expect it to close the week on a similarly dull note. "I don't think there's a lot of topside in the medium term." said Dave Tetro of Forsyth
        Reuter  -  216 words
      • Article
        Lock icon Bangkok: Speculative buying
        227 20 Reuter THAI STOCKS yesterday rallied in moderate trading with institutional investors active in buying speculative issues. The Securities Exchange of Thailand Index rose 7.36 points to 451.26 partly on a technical adjustment as TISCO fell only a 10 per cent limit low despite the doubling of its
        Reuter  -  227 words
      • Article
        Lock icon Bombay: Shares close mixed
        181 20 Reuter BOMBAY share prices yesterday recovered after a shaky start to close mixed in heavy trading. The market opened subdued on scattered institutional selling and end-of-account considerations. but recouped on rumours that the government may announce some concessions before the budget for fiscal 1989-90 is passed
        Reuter  -  181 words
      • Article
        Lock icon Manila: Mixed finish
        132 20 Reuter PHILIPPINE stocks yesterday ended mixed after profit-taking pared gains in blue chip commercial stocks while speculation boosted the oil sector. Manila's composite index edged up 1 36 points further to close at 950 37 points. But the commercial/ industrials index dropped to 1.086.88. down from Tuesday's
        Reuter  -  132 words
      • Article, Illustration
        Lock icon Shares rally to new high
        624 20 Tokyo Reuter JAPANESE share prices yesterday finished slightly easier overall in active trade, but the narrowly based Nikkei index firmed to its sixth straight record close and the seventh straight rise. Last-minute buying was mostly indexinked. The Nikkei index firmed 48.54 points, or 0.15 per
        Reuter  -  624 words
      • Article, Illustration
        Selling slows down
        579 20 Australia THE AUSTRALIAN share market yesterday continued its recovery from lows in the afternoon as investors sought out bargainpriced stocks. By the close of floor trading, the All Ordinaries index was down 7.4 points to 1425.7, after it had bottomed out at 1419.4 just before the end
        579 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Investors' fears depress prices
        849 21 New York Reuter CONCERN on Wall Street that the economy might be slowing made investors shy of equities, pushing share prices down on Tuesday. Bond prices improved but a lower dollar and weakness in technology and car issues helped drag the market lower in active trading.
        Reuter  -  849 words
      • Article, Illustration
        Lock icon Quiet trading expected
        974 21 London Reuter SHARES were marked down a few pence at the opening yesterday morning, in reaction to a lower close on Wall Street, but there was little selling pressure evident. Dealers said that yesterday was the last day of the financial year and many of the institutions
        Reuter  -  974 words
      • Article
        Selected indices
        118 21 HONGKONG Hongkong Index Wednesday closed Tuesday 1.***** Week ogo 2 010 60 All Industrials Wednesday 2.3S2 4 Tuesday 2.3656 Week ago 2.432 5 NEW YORK Hang Seng Index Wednesday closed Tuesday 2.***** Week ago 3.032 98 Dow Jones T uesday 2.298 20 Monday 2.304 80 Week ogo 2.*****
        118 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1604 21 Reuter PARIS: Share prices yesterday were easier overall at mid-session amid fair volume trading, with losses for most blue chip stocks underlying the MONEP options market. The 50-share price indicator was down 0.07 per cent at 1040 GMT, after opening off 0.01 per cent. The CAC 40
        Reuter  -  1,604 words
      • Article, Illustration
        Lock icon Pickens buys stake in Japanese firm
        408 21 Agencies CORPORATE RAIDER T Boone Pickens has purchased 20.2 per cent of Tokyo-based Koito Manufacturing Co, but is not yet saying what his intentions are. Mr Pickens's privately-heid Boone Co has a stake of 32.4 million shares, worth about US$l.l billion, according to Sidney
        Agencies  -  408 words
      • Article
        Lock icon Gold Fields fights bid with novel defence
        403 21 AP CONSOLIDATED Gold Fields pic has unveiled a novel defence against a hostile bid from Minorco SA, promising to pay its shareholders £1.3 billion in dividends if it doesn't meet its own profit forecast. South African-based Minorco. whose offer values all of the
        AP  -  403 words
      • Article
        Lock icon Lockheed moves to block takeover threat
        334 21 Reuter LOCKHEED CORP has announced a series of defensive moves to block a takeover threat from Texas investor Harold Simmons. The US aerospace firm said it will sell some units, boost its dividend and create a stock ownership plan that puts 17 per cent
        Reuter  -  334 words
      • Article
        Lock icon NCR sells its business in South Africa
        324 21 Reuter BUSINESS SYSTEMS giant NCR Corp has become the third major United States company this year to make arrangements to pull out of South Africa. NCR, based in Dayton, Ohio, will sell the major shareholding in NCR Corp of South Africa (Pty) Ltd
        Reuter  -  324 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      40 17 TRY SOMETHING DIFFERENT? We are genuine exporter of baby garments in Taiwan and we welcome your orders and enquiries. Contact: Ganesh Trading Co., Ltd. 2F-3, No. 2 Chung Hsiao E Rd Sec 4 Taipei, Taiwan R.O.C. Tel: 001-886-2-*****01 Fax: 001-886-2-*****01
      40 words
    • Advertisement
      Page 17 Advertisements Column 2
      5 17 Clambo has been held over
      5 words
    • Advertisement
      Page 17 Advertisements Column 3
      75 17 r Financial Newsmakers Chuan Hup Holdings Limited U-5.528,000,000 Guaranteed Floating Rate Notes due 1990 In accordance with the provision of the Notes notice is hereby given that for the six month period from 6th April 1989 to 6th October 1989, the Notes will carry a rate of interest of 10.475
      75 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      234 21 8 DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: All Bondholders U5570,000,000 SWK Convertible Bonds Due 1996 Suspension of Bond Conversion NOTICE IS HEREBY GIVEN that the Bonds will not be convertible during the period 12 May 1969 to 17 Mqy 1969, both dates
      234 words
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  • Article
    Non-oil domestic exports down by 7pc
    642 22  -  February drop the first since recovery in '86 By JEFFREY TSANG DOMESTIC EXPORTS of non-oil products fell 7.1 per cent in the month of February, the first drop since the recovery in the Singapore economy began in early 1986. But industry observers are cautiously
    642 words
  • Article
    Lock icon Taiwan trade surplus widens
    115 22 AFP TAIWAN'S trade surplus is in danger of widening further this year instead of shrinking, officials warned, following the release of trade figures showing further export growth in the first quarter. The Directorate-General of Budget, Accounting and Statistics said on Tuesday that the country's trade surplus
    AFP  -  115 words
  • Article
    Court reduces Peter Tham's jail term for CBT, fines him $3000 for six offences
    358 22  -  By TAN KEE WEE THE FORMER director of PanElectric Industries, Peter Tham Wing Fai, had his original jail sentence of two years for criminal breach of trust reduced to one year by the High Court yesterday.
    358 words
  • Article
    DBS Finance gains full control of Great Pacific Finance
    602 22  -  By ALVIN TAY DBS FINANCE has finally succeeded in making Great Pacific Finance its wholly-owned subsidiary. a development which will facilitate the merger of the two finance companies in due course. A further good news for the DBS group is that
    602 words
  • Article
    Feedback panel to concentrate on more focused discussions
    405 22  -  By SHOEB KAGDA MORE focused discussions, rather than open-ended dialogue, will be on the hallmark of the new Feedback Unit supervisory panel when it starts to garner feedback. Talking to the press yesterday for the first time since his appointment as chairman
    405 words
  • Article
    Lock icon Malaysia welcomes Brady plan
    94 22 Bernama MALAYSIA has welcomed the Brady plan, a new strategy on Third World debt that focuses on debt reduction rather than exclusive dependence on new lending. Malaysian Finance Minister Datuk Paduka Daim Zainuddin described the strategy, proposed by US Treasury Secretary Nicho- las Brady, as "an
    Bernama  -  94 words
  • Article
    Lock icon Comex gold
    91 22 Reuter COMEX GOLD FUTURES fell to lows for the week on early selling yesterday linked to a firming dollar and easiness in NYMEX crude oil. June gold lost US$2.7O at U*****.20 an ounce. Spot gold was off US$2.9O at U*****.20. Analysts said local traders were net sellers in
    Reuter  -  91 words
  • Article
    Lock icon Japan pledged record US$8.4b in foreign loans
    122 22 UPI JAPAN pledged a record 1.115 trillion yen (US$B.4 billion) in low-interest loans to foreign countries, mostly Asian nations, in fiscal 1988, up 58.4 per cent over the preceding year, the foreign ministry in Tokyo said yesterday. The ministry said loans to Asian
    UPI  -  122 words
  • Article
    Lock icon Takeshita received US$380,000 in party donations from Recruit
    362 22 UPI PRIME Minister Noboru Takeshita, whose leadership was rocked by the widening bribery scandal, received a total of about US$3BO,OOO in donations in 1967 from the company involved in the affair, raising speculation he may be implicated in the scandal, Japanese news
    UPI  -  362 words
  • Article
    HK allows import of more skilled workers to ease labour shortage
    526 22  -  By FOO CHOY PENG THE HONGKONG government, bowing to pressures from employer groups, has finally agreed to open the door wider to skilled foreign workers to ease the current severe labour shortage. In a statement, the government said it
    526 words
  • LATE FILE
    • Article
      Lock icon Third World debt to be reduced
      57 22 UPI THE International Monetary Fund and the World Bank announced plans to act promptly to reduce Third World debt under the Brady plan, which has divided industrialised and developing countries. "The Philippines is going to be the first country to benefit from a major
      UPI  -  57 words
    • Article
      Lock icon Europe upstaged, US breaks ground
      67 22 Reuter EUROPE was upstaged at monetary talks in Washington this week as the United States scored a major breakthrough in the fight against Third World debt and Japan flexed its mighty financial muscle. But European nations did notch up one victory in securing the support
      Reuter  -  67 words
    • Article
      Lock icon Marcos associate faces charges
      63 22 AP THE Philippine government filed criminal charges against an associate of Ferdinand Marcos for allegedly paying millions of dollars to the ousted president in return for business favours, officials said yesterday. Charges were filed against Lucio Tan, one of the country's biggest businesmen. for having "wilfully,
      AP  -  63 words
    • Article
      Lock icon UK-USSR trade goals in focus
      60 22 Reuter PRIME Minister Margaret Thatcher and Soviet leader Mikhail Gorbachev will discuss the slow progress being made towards ambitious bilateral trade goals when they meet in London this week, a British official said. The two leaders decided at a Moscow meeting two years ago to
      Reuter  -  60 words
    • Article
      Lock icon Moscow sells bombers to Libya
      43 22 Reuter US Administration officials say the Soviet Union has sold Libya high-performance bombers and airborne refuelling ability, The New York Times reported yesterday. The deal would greatly enhance Libya's ability to hit targets in Israel and beyond.— Reuter
      Reuter  -  43 words
    • Article
      Lock icon 'Don't attack Iraqi N-sites'
      32 22 UPI IRAQ warned Israel yesterday against attacking its nuclear installations and said it would give a powerful response to any strike, an Iraqi foreign ministry spokesman said. UPI
      UPI  -  32 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      416 22 -rr~ cf.l i n<j >< k n C f.T*} d ia g < ttr~ DEVELOPING EFFECTIVE NEGOTIATING SKILLS May 22 24,1989 Fee: Ss9so SIM members/Sslloo non-members Objective: This three-day seminar is designed to equip executives with the necessary tools, techniques and concepts for successful negotiating. Key Topics: Preparation for negotiation
      416 words
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      Page 22 Advertisements Column 2
      200 22 The silver report was not available at press time The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitc hens, elegant one or two bedroom suites right in the heart of Orchard Road. At The Ascott, we take pride in giving our clients their own home. A
      200 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Japanese dockers on strike
        156 23 AFP JAPANESE dockers staged a nationwide twohour strike yesterday to demand more pay and shorter working hours, bringing cargo handling to a standstill at all major Japanese ports, union leaders said. Toshio Kamezaki, chairman of the 50.000-member All Japan Port and Dock Workers' Federation, said the
        AFP  -  156 words
      • Article
        Lock icon Conferences adjusts CAF
        40 23 Reuter THE freight conferences covering trade between Europe and the Far East said they are adjusting the currency adjustment factor (CAF) for trade from West Germany/Benelux to 55 per cent from 50.50 per cent from today. Reuter
        Reuter  -  40 words
      • Article
        Lock icon Cypriot ship towed to safety
        98 23 Reuter THE CYPRIOT vessel Teti, which caught fire off the coast of China last week, has been towed to Shanghai and the crew of 28 are safe after being picked up by a Panamanian ship, a Chinese Transport Ministry official said. The 15,291-dwt Teti was
        Reuter  -  98 words
      • Article
        Lock icon Cocaine seized on board ship
        103 23 AFP ONE HUNDRED kilogrammes of cocaine with a street value of US$ll million have been seized in the port of Rotterdam, Dutch Customs officials said, adding that it was the biggest haul ever made in the Netherlands. The drug was seized on Monday during a
        AFP  -  103 words
      • Article
        Lock icon Ninth-century boat found
        111 23 Reuter A RIVERBOAT dating from the ninth century, one of the oldest ever found, has been unearthed by construction workers, the director of Bremen's navigation museum said. Detlev Ellmers said the remains of the vessel were discovered during excavation of a hotel site. It was estimated to
        Reuter  -  111 words
      • Article
        US port handles more steel exports
        64 23 THE US west coast leader in container throughput and cruise passenger traffic, Worldport LA, handled more steel and iron scarp exports last year. Exports of scrap metal to Japan, India and South Korea totalled 1,091,050 tons, giving the port a 55 per cent market
        64 words
    • Article
      Index to advertisers
      691 23 AB Shpg VII 5 ABC ContainerUn© XI 5 Accord Shpg VIII 1/2 Albatros Seo Air VII 5 Arrow lines XI 5 ANL III A PC line VII 4 API V 35 ASCI V 1 Australia line VII 1 Bolt Canoda line IX 4/5 Bolt Orient line IX
      691 words
    • Article
      Singapore yards may face stiff competition
      398 23  -  -By Rahita Elias SHIPYARDS in China and the Middle East could rival Singapore as major international shiprepair centres in the future. According to Mr George Chow, vice president of Association of Singapore Marine Industry. China's undeveloped infrastructure and the Middle East's high repair prices
      398 words
    • Article, Illustration
      S'pore is Number One port for cargo transfer between ships
      545 23  -  Asean can provide further opportunities By RAHITA ELIAS SINGAPORE is the world's Number One port for the transfer of cargo between ships, according to a top executive from one of the biggest transport companies in the world. Mr lb Kruse,
      545 words
    • Article, Illustration
      EDI: the future in freight forwarding and ship supplies
      266 23 FOR BOTH the freight forwarding and ship supplies industries, computerisation is the key to the future, say the experts in these areas Both Mr J Kadanik, president of the International Freight Forwarders Associations, and Mr S Ciuoffo, president of the International
      266 words
    • Article
      NYK plans to have its own US terminals
      96 23 NYK LINE plans to have its own container terminals on the west coast of the United States. The Japanese carrier is negotiating with the Port of Los Angeles to buy a 100-acre plot of land on Terminal Island NYK is also thinking
      96 words
    • Article, Illustration
      Lock icon Liability disputes on the rise for managers
      1272 24 Lloyd's Ship Manager CONTRACTUAL disputes beshipowners and independent shipmanagement groups !£2re on the increase. But the ";3powth comes more from the 'changing face of management than from any discernible trend in the type of arguments that ensue. It is clear that in the
      Lloyd's Ship Manager  -  1,272 words
    • Article, Illustration
      Lock icon Which is better? Double polishing or just cleaning
      758 24 Fairplay THE CHOICE should be a simple one, but how often is a contractor selected on price alone? Ships' hull and propeller maintenance is very bunker-sensitive and companies have had to compete on the immediate costs and effects during a period of
      Fairplay  -  758 words
    • Article
      World Port Conditions
      256 24 ALL SURVEYS were conducted on March 22. Argentina All ports Normal operation. Bangladesh Chittagong 26 vessels operating. Mongla 13 vessels operating. Brazil Santos 40 vessels operating. Rio de Janeiro 38 vessels operating. Cameroon Douala Normal operation Chile Valparaiso Delays for general cargo vessels. All other ports Normal
      256 words
    • Article
      Who acts for whom ...
      2096 24 Who acts for whom A —B AB Shipping Boustead Shpg Agencies (S) ABC Containerlme NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agency (S)/Multiport Sdn Bhd (PK) Alltrans Alltrans Express (S) American President Lines APL
      2,096 words
    • Article
      New booklet on Rotterdam connections
      122 25 The Rotterdam Chamber of Commerce and Industry recently published a new annual summary of the scheduled shipping services to and from Rotterdam The booklet "Shipping connections by sea to and from Rotterdam" is made up of four sections: An alphabetical list of 450 shipping lines,
      122 words
    • Article
      Lock icon Merchant ship completions drop to lowest in 25 years
      251 25 AFP TOTAL tonnage of merchant ships completely built in 1988 fell by 1.35 million gross tonnes (gt) from the previous year to 10.9 million gt, the lowest in 25 years, figures published by Lloyd's Register showed. It was the fourth annual
      AFP  -  251 words
    • Article
      Lock icon Aussie delays threaten beef exports
      486 25 AFP AUSTRALIAN waterfront delays are seriously threatening efforts to boost Australia's As 2 5 billion beef exports to Japan, an industry spokesman said. John Cooper, chairman of the Australian Meat Exporters' federal council, said the delays were so bad that the Japanese had taken action
      AFP  -  486 words
    • Article
      London Freights
      971 25 DRY cargo freight chartering on Tuesday was mainly confined to the grain and time-charter sectors and a further fall was recorded in the Baltic Freight Index, down five points at 1,614. This fall partly reflected easier grain business from the US North Pacific to Japan, which was concluded
      971 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5009 32 AARHUS Norasia Al Muntazah. Norasia Line. April 5. Arthur Maersk Maersk Line. April 6 Hongkong Express. Triot. April 6<PK). Ville de Venus. CM O'AHretement. April 7. Ming Prominence. Yang Ming. April 8. Ned Depma ScanOutcht. April 10 Ever General. Evergreen. April 10
      5,009 words
    • Article
      PPA investigates how 32 boxes fall overboard
      393 34  -  By AL O LABITA Jr THE Philippines Port Authority (PPA) is investigating how 32 containers fell overboard an ocean-going vessel off Manila bay last March 23. the first such case reported in the country's shipping industry. Sources said the PPA felt embarrassed by
      393 words
    • Article
      Lock icon Exxon to refloat tanker
      198 34 AFP EXXON CORP plans to refloat the ruptured tanker Exxon Vatdez and remove it from the site of the nation's worst oil spill after pumping the remaining crude oil from the ship. The fugitive captain of the Exxon Valdez, meanwhile, sent signals that he was ready
      AFP  -  198 words
    • Article
      Lock icon Genoa court convicts captain for carrying toxic waste
      206 34 AP A GENOA court has convicted the captain of a Syrian ship carrying toxic waste of travelling without the proper permit. The court gave the captain of the Zanoobia, Ahmed Tabalo of Syria, a two-month suspended sentence. Tabalo said he took command
      AP  -  206 words
    • Article
      Maltese freighter missing in Gulf
      224 34 A MALTESE-REGISTERED freighter bound for Bombay has been reported missing in the Gulf, shipping sources said. They said the 2,958-tonne Rahim Three left Doha in the central Gulf with a full load of scrap metal last week but failed to appear in the emirate of
      224 words
    • Article
      Container schedules/ships in port
      1712 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Ship Arrival LCL movement Voy date/time Op code cargo schedule Location 6 Meksii 128 0604 89 1700 Ml FS 0700 0730 P3 Anson *****N 06 04 89 1800 zz F7 0630 0900 N3 OOCl Foith 13
      1,712 words
    • Article
      Shipping events
      251 34 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 Advances in hull and propeller design, technical meeting. 1730 hrs. Institute of Marine Engineers. The Memorial Building. 76 Mark Lane. London EC3. April 22-28
      251 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      20 23 TIMES STP Distributors Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      20 words
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      Page 23 Advertisements Column 2
      410 23 INTERMARINE SUPPLY CO (PTE) LTD T*l: *****33 (0 Hn««) Ike tMCCO R*****8 Fax 2****** ADVERTISEMENT Gotncg for Number One gsgggpglg s -i-V am PSA 15 a 1 turn LIVING WITHOUT GSP Singapore's exporters no longer enjoy special tariff concessions that gave them a boost in America's giant consumer market, so
      410 words
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      Page 23 Advertisements Column 3
      120 23 Propeller maintenance SHIPS' hull and propeller maintenance is very bunker-sensitive and companies have had to compete on the immediate costs and effects during a period of low freight rates. PAGE II Delays threaten beef exports AUSTRALIAN waterfront delays are seriously threatening efforts to boost Australia's A 52.5 billion beef exports
      120 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      69 24 T V Join the leading NVOCC FREIGHT MANAGEMENT SINGAPORE DOCUMENTATION PERSONNEL 6 months or more experience in shipping documentation covering consolidation activities. able to type CUSTOMER SERVICE EXECUTIVE/OFFICER 1 year or more experience in seafreight shipping cargo consolidation outgoing personality with strong interpersonal and communication skills self motivated to succeed
      69 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      859 25 OOCL K) C^Molity Jnrdines JAROINE SHIPPING AGENCIES 200 Cartonmant Road #1246 Saimpomt, Sintapora (BO TM *****11 TlliX W) RS Ml?) TERMINATES T«l 3200? IS 220 BOOKINGS TH 3200W4 235 PCSAKA JAROINE SHIPPING AGENCIES SON BHO PORT KELANG TH: 36M111 Tttoi No MAS477/MA3S7OI PENANG TEL *****4 TILCX NO MA4OOH CFS TIL
      859 words
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      Page 25 Advertisements Column 2
      990 25 -#1 MAERSK LINE 11/4 12/4 18/4 19/4 25/4 26/4 2/5 3/5 9/5 10/5 16/5 17/5 24/5 fNder by M Koto# A M Tauro Sailed Sailed In Pi 7/4 13/4 14/4 20/4 21/4 27/4 28/4 4/5 5/5 '1* 12/5 18/5 19/5 DESTINATIONS a. Calilornia-us Gull-US Atlantic-Cast Canaaa-Ali Water Service 22/4 24/4
      990 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      663 26 «F Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HONGKONG EXPRESS MONTE ROSA ALASKA MARU CITY OF EDINBURGH LARGS BAY BONN EXPRESS B6NCAIRN LONDON EXPRESS P KELANG SOUTHAMPTON 8/4 HAMBURG BREMERHAVEN 30/4 ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO ALL UK INLANO DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG, MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S
      663 words
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      Page 26 Advertisements Column 2
      470 26 TTTp COLUMBUS LINE REEDEREI GMBH I (A SERVICE Of HamBURG-SUDi \v EXPfIfSS SCMKOWTAtCfI SOMCI TO NORTHBOUND TO UKC S PORE RDM/A DAM HBC HULL (U.K.) TAMAITAI SAMOA V-15N 23/4 JOli 24/5 10/6 FORTHBANK V24N 17/5 15/6 19/6 22/6 IVYBANK V-24N 12/6 11/7 15/7 11/7 AI«o Accaptinf FCI to AfMwcrp/BrMwn/ftliittaiMfSoutlMMplon/Mfatt/GattMnfeurg iL'i'
      470 words
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      Page 26 Advertisements Column 3
      1128 26 Jtiti i liivj i i iiui 3ua r npi 11 u f iaua o i r L TjzA LSU^-52 o REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE (VIA FEEDER) pen ha sin fix ham bre NORASIA SAMANTHA V 8905 3 17/4 IS/4 19/4 15/5 18/5 19/5 WOENSORECHT V 8906 3
      1,128 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1177 27 EES The Straits Steamship Group K P&O I CONTAINERSHIP SERVICE FROM UK/CONTINENT: Callinc Kate, Taky< i Sfcuuu "Calling I Mm Tate Koto PKllt PngtS »*t Ou# Da M M I* w phospmity aa mp an mn mn ui* w an an W TOKYO BRIDGE 17J4 M/ 4 I*4 W f
      1,177 words
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      Page 27 Advertisements Column 2
      1115 27 > Y?L nun vamp i imc weekly express independent lAvnU TttNll Lint FAR EAST/EUROPE FULLY CONTAINERISED SERVICE WESTBOUND SP i y RnH hAM I HANJIN ROTTERDAM 7W 1/4 27/4 CHOYANC CHANCE 41W ISM *5 4/5 *5 HANJIN HASAN «W 22/4 10/5 11/5 12/5 1 HANJIN LEHAVRE 01W 29/4 17/5 I*s
      1,115 words
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      Page 27 Advertisements Column 3
      82 27 SRI LIKU 7/89 MIRI/K BELAIT 12/4 13/4 fautvwf cifgo at M 2 (PSA Mmmu Whart) from Monday to Satunlay (MARINA WMAftf Of FtCI Til: 22VIM) EXPRESS CONTR SVC TO CANARY ISLES, PORTUGAL, W. MED ACCEPTING FCL 1 LCL TO AU DESTINATIONS VESSEL LOAO CALL!NO AT CANARIAS EXPRESS VII M.14 LAS
      82 words
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      Page 27 Advertisements Column 4
      326 27 /f/ Hai Sun Hup Co (Pte) Ltd a TEL: *****06 (20 Lines) TLX R*****1 R*****2 IMLintermaritime SOUTHERN AFRICA SERVICE ;k«ii ['..iin# i:>*.-• KK SPORE PK DBN CT MERCHANT PRELUM VO* SM Sid SM 17M 2W 1/5 7/5 I*s 27/5 L u* W zm tp VP •Alm calls LL. t P.E.
      326 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      551 28 Vl mSINOSE j MARITIME PTE LTD mi ISLAMIC RtPUBIIC OF IRAN SHIPPING LINKS IRANIAN I VICE IRAN LITENAO PJL6I7 IRAN EKRAM PJLCK Singapore Eta 15/4 Eta 15/4 Loading tor:BANDAR ABBAS BANDAR ABBAS f**owM W»i* KYOWA LINE ■OTHER VSL KYOWA HIBISCUS V 36 KYOWA VIOLET V 25 LOAD FOR: VILA, NMA.
      551 words
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      Page 28 Advertisements Column 2
      598 28 HANJIN SHIPPING CO., LTD. KV; '.'ON rAtNERISL'D SERVf. T TO FAR EAST PORTS TO PACIFIC NORTH WEST CANADA QUEEN'S WAV MIOCE 71 17/4 CHOYANC PARK IE 24/4 HANJIN OAKLAND IE 1/5 CHOYANG SUCCESS 2E 1/5 H Koftf KM*hiun« Koto YoU Bimm 20/4 21/4 24/4 25/4 27/4 27/4 28/4 1/5 2/5
      598 words
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      Page 28 Advertisements Column 3
      214 28 INTEROCEAN UNE 78, 2nd Floor, Jalan 2/71, Taman Tun Or. lamaU, ***** KL. Tol: 71t#734, *****04, 71(7220 TLX. HO. MA-37W3 FAX: 03-*****11 Panang Off: Tol: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR SYD. MELB, ADE. BRIS. FREM LE HVE, HBG, BREMEN. R OAM, GENOA. ANTWERP. UK PORTS
      214 words
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      Page 28 Advertisements Column 4
      705 28 EVERGREEN ull Container Semct Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) FVFI cruiK HiLSLss£Ss.S£i2s.s (TOs TTOeALU,v ulel eFUt r f«* Sntny 0305 OUK o;« iw 1M Mi 1«R Miv fvfScat™* £2? lOffi lite m w «R fl« W V ££?b! ?J(5 ?!2 -J2Z 2/05 IM vm am am an <&«? 2»a>: n«! SILn
      705 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      896 29 is PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES [FAR EAST VESSEL SEA PEARL HAI GUANG MAJAPAHIT MSB 23/4 28/4 28/4 10MB 3758 5/5 8/5 10/5 3tNB ACCEPTING MURURAM/TOMAKOMAI/HfTACHI CARGO VIA HKG BANGKOK SURABAYA/SEMARANG VESSEL SEA GLORY SEA GLORY SEA GLORY VOY SIN
      896 words
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      Page 29 Advertisements Column 2
      324 29 \tli BEN LINE V*sk CONTAINERS TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE (TS) MKC NOUMEA SUVA AKL NAP TIM IV< TA VOYA6ER IS Zif* 15/5 I*s 22/5 »S 29/4 TA NAVIGATOR *3S 5/5 1/5 4/6 7/6 11/1 11/5 TA EXPLORER IS 20/5 ISA 19/6
      324 words
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      Page 29 Advertisements Column 3
      448 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY MATARAM/23W8 PALEMBANG/12WB KUTAI/17WB ALSO ACCEPTING BOTH CONTAINERS. CONVENTION At CARGO VIA T/S TO OK PORTS. HULL, LE HAVRE. OSLO, COPENHAGEN, AARHUS. GOTHENBURG AND HELSINKI
      448 words
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      Page 29 Advertisements Column 4
      368 29 BOUSTEAD SHIPPING AGENCIES J* MYOMA YWA VUCN PA-AN VI3SW PAGAN Vl4o* HTONEYWA V24SW BURMA FIVE STAR SHIPPING CMMIATI—(Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok F3 icr'M ,lu, NORTHBOUND TO UKC SPORE RDAM HMBG HULL TAMATAI SAMOA VISN 23/4 20/5 24/5 10/6 FORTH BANK V24N 17/5 15/6 19/6
      368 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      809 30 Q KAWASAKI KIShN KAISHA. LTD. K I IM NEPTUNE JADE VlB/00CL FH OOCL FORTUNE AMBASSADOR BRIOGE NEPTUNE GARNET VIA FEEQ6R •PK/PNG SGP NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET VIA FCEOCR MBB HI FEEDER VESSEL MARIA NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE AM6RICA VOY 'INDO 45 8/4 18 14/4
      809 words
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      Page 30 Advertisements Column 2
      58 30 4\ i'K. 4S ..I GOLDENWAY MARITIME SDN. BHD. ETA ETO Loading For SWEE ANN SATU V 5/89 In Pt 6/4 Kuching/KK NEW LINE No.l V 3/89 15/4 18/4 Bintulu/Miri SANTOS V 2/89 22/4 25/4 KK/Tawau 6A, Lofong Cempening, off, Jin. Berangan, Port Klang, *****. Selangof Tel: *****00, *****84 i *****88
      58 words
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      Page 30 Advertisements Column 3
      531 30 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Stnfipoie P K«lm| Ptninj loading tot: •Aotfwi *sl B» Feed* Bj Feeder '/16 TULSIOAS V 40 A KALIDAS V.42 1} M TULSIOAS ¥.41 31 M KALIDAS V 43 30 j< TULSIOAS V 42 24 j, Transit t.me Singapore/ Melbourne Fron/Mdb/Srdn'AM frem .'UMb/Sydn; Adel
      531 words
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      Page 30 Advertisements Column 4
      464 30 CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA CAN JIANG A VESSEL tin mc «r a/a CHUN KM M FU Hf 1W 13/4 wcoomnwi P Kdtnf Pwunf I*4 DMtMMtMn Rott*rt«n/Amt«rd*in •n% *Pwi «hc ir m TORIA RIVU M 7/4 CHENC 41 2M n/4 Out Omm Kart Khi
      464 words
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      Page 30 Advertisements Column 5
      500 30 atiirfiiNu times, Thursday, April law LINES PTE LTD| HEAD OFFICE: 63 ROBINSON ROAD c€ 7-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 ETA SINGAPORE IDESTINATION f IVlf, —I NEW GENLORD ILL 1 n-F MOMBASA. DARESSALAM ASSAB BEIRA, TAMATAVE, P. SUDAN REUNION, TAMGA, P. SUEZ ABIDJAN. DOULA. DAKAR.
      500 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1399 31 NEPIUNE AGENCICS PIE. UO C«n«ij| Booking Booking liwmiJ/ leiminjl CIS Inquiry K IU/AUSf TPA/SCA Outward #***** 2221J 2/899// 2/85/S3 2/857*2 2/8/844 *****19 2/*»l 16 2/***** 2/***** NEPTUNE NOL ORIENTUNES UD t*MM SON BH> PK*i*r< K luHMur Ptntom JBahru 7 *****35 *****? *****0 62/ttO *****3 62/661 *****4 627(62 EXPORT FEEDER VSL
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      Page 31 Advertisements Column 2
      736 31 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 ***** PENANC P KELANG MESSRS HAI THONC SHIPPING 127 Pewng Street. Penang. Malaysia M S HANDLING SYSTEM CO
      736 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      212 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. fll m IWHB (14 (ms) FAX 22MCW/2248D/6 Kit* HS 293 M A/B SSCMA. MS 29 W!) A/H SSCAI) DSR-LINES VEB OEU r PACHT ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ■VIA lARKACA ACCEPTING CARGO FOR LIMASSOL BEIRUT.
      212 words
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      Page 32 Advertisements Column 2
      73 32 T.S.K, LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DA* ARRIVAL EXPORTS TO TAIWAN ft JAPAN CONTINENT WO KABUKI WO HEWHS AC! WO HAKUSAN II W CONTINENT W1 KABUKI 21 EBEacjQacanjnnp^ m ***** gg ***** TSKLINE AGENCIES (S) PTE LTD TEL *****6S W MALAYSIA AGENT: TRANS-ASM SHIPPING CORP TEL: K.L *****77 PKL
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      Page 32 Advertisements Column 3
      8 32 The complete shipping list will be published tomorrow.
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  • Page 32 Miscellaneous
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      Page 32 Miscellaneous Column 1
      177 32 t Regional Weather t >» 8 sv 1 SYI 9 it'rK V« r.~ Lt£ SIGNIFICANT WEATHER ANO SEA CONDfTIONS AT 7.30 A.M. April 6, 1989 R rhundOTtorm T«fnp«fo»ur* c /C\ W Shower Weather Wmd direction with speed m knots Ro«i a n c L Wove height Cloudy Sky SilHoCt wind*
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      Page 33 Advertisements Column 1
      893 33 ES mm RICHFIELO MARINE AGENCIES (S) PTE LTI TIL ***** 33 (10 Un«fi FAX 223T115 TELEX AS ***** RISHIP (3 Linsii UHBI iwmwii mmm urn i {National hoe of Ethiopia) ACCEPTING FCI AND CONVENTIONAL PEN/PKQ ETA SPORE LOADING FOM M.V ABBAY WONZ 17/4 OARESSAIAAM MOMBASA OJI6OUTI VOV 19¥»B ASSAB MASSAWA
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      Page 33 Advertisements Column 2
      645 33 SIGMA EXPRESS (S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) FAX: *****75 TLX: RS ***** SHIP TEL: *****44 (6 Lines) ACCEPTING CARGOES FOR: HONGKONG 8/4 COLOMBO 8/4 BUSAN 6/4 MANILA 6/4 KEELUNG 6/4 MUARA/LABUAN/KK 6/4 KUCHING/SIBU 8/4 BANGKOK 8/4 KOBE/NAGOYA 7/4 TOKYO/YOKO 7/4 BOMBAY 8/4 LE HAVRE/HAMBURG 11/4 FELIXSTOWE/R'DAM 11/4 P.KELANG/PENANG 10/4
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      Page 33 Advertisements Column 3
      152 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE rm NOTE: DOOR TO DOOR/REEFER SERVICE AVAILABLE fACT PERSONS MR ROBERT OH/ HOIRY/ MR JULIAN UM/ANWAR CONTACT PERSONS TELEPHONE NO. TCLttUFAX NO*, omci AOORESS RS ***** SALTRA/2M7573 T% ROSS WON AO AO #34-04 CPP BULMNO SMOAPORE SI OS OUR CUSTOM REOtSTRATION
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      Page 33 Advertisements Column 4
      117 33 J&fARGO SHIPPING TeI:SS4QISS DESTINATION ETA SINGAPORE JARU BHUM PIYA BHUM SIRI BHUM 3IN 7/4 171N 11/4 407N W TORT KELANG (FCL ONLY) KITI BHUM KEELUNG, KAOHSIUNC JAKARTA (FCL ONLY) TOKYO. KO6E, BUSAN (FCL ONLY) a a >i ABC CONTAINERIZE KARACHI. BOMBAY. COLOMBO (FCL ONLY) TO AUSTRALIA/NEW ZEALAND vs. i huom
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      Page 34 Advertisements Column 1
      81 34 Expeditors International V (Pac-Bridge Shipping) U.S.A. Twice Weekly LCL/FCL Services To/Fro W Coast, E Coast Inland Points EUROPE WEEKLY CONSOL TO/FRO* MAIN EUROPEAN PORTS Also Accepting Cargo to Other Destinations Bookings Enquiries to: TEL: *****24 FAX: 5422*79 TLX: RS CARGOWAYS AGENCIES P/L Tel: *****07/ *****H9-9I BOM/KHI/COLOMBO 10/4 21/4 MADRAS 11/4
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      Page 34 Advertisements Column 2
      551 34 i-S-K mim@ CALL US AT: P KELANG PENANG I. BAHRU P GUOANG SINGAPORE K. LUMPUR 3685/53/368/111 04 *****2/4, 62/293 0/ *****8 0/-5U3/3, 5113/5, *****0, 5133/1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FCEOCR TTT rrn a suria ULANDIA I TOTAMA OTHER DESTINATIONS: AAHHUS. AMSTERDAM. ANTWERP, BASLE BREMEN,
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