The Business Times, 11 April 1989

Microfilm: NL16529
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, APRIL 11, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    269 1 Dow up GAINS in media and enter- tainment stocks helped Wall Street advance in early tradI ing yesterday. Interest in the group was sparked by Gulf and Western Inc's plans to sell its finance unit. The Dow Jones Industrial Average rose five to 2310. Gainers were ahead
    269 words
  • Article, Illustration
    S'pore bucks trend in regional markets
    219 1 SINGAPORE yesterday moved against the trend of the major regional markets, which succumbed to domestic pressures and gave up ground. On the local front, bargainhunters helped push up stock prices in brisk trade The Straits Times Industrials Index rose 5.31 points to 1,191.97 while
    219 words
  • Article
    Dollar eases on Asian exchanges
    130 1 THE US DOLLAR ended easier against other major currencies on Asia's foreign exchanges yesterday as market players awaited further developments in the Recruit share scandal. Dealers said the scandal is widely expected to result in further investigations into the activities of several politicians. An LDP
    130 words
  • Article
    MS Aviation offers charter service for businessmen
    415 1  -  By GENEVIEVE CUA AN AVIATION COMPANY operating out of Seletar Airport, MS Aviation, will be launching a charter airline service to ferry groups of up to six businessmen to any point in the region. MS Aviation director Michael Smith told BT the company
    415 words
  • Article
    Far East, Hong Leong on land-buying spree
    584 1  -  81,000 sq m amassed for $110 m in six deals By LEE HAN SHIH IN THEIR LATEST buying spree. Ng Teng Fong's Far East Organisation and Kwek Hong Png's Hong Leong group have snapped up more than $110 million worth of residential land
    584 words
  • Article
    Lock icon Japan welcomes Geneva Gatt accord
    236 1 AFP JAPAN has welcomed a Geneva agreement setting the broad outlines of the second half of the Uruguay Round of multilateral trade talks. A senior Foreign Ministry official said last Saturday's accord, which defined objectives for negotiations on agriculture, textiles and intellectual property rights, would
    AFP  -  236 words
  • Article
    Lock icon Hawke plan welcomed
    119 1 AFP INDONESIAN President Suharto yesterday welcomed an Australian plan to set up an AsiaPacific trade lobby, a special envoy of Australian Prime Minister Bob Hawke said in Jakarta. Mr Suharto "gave a warm welcome" to the proposal and asked that details be discussed with his ministers, Mr
    AFP  -  119 words
  • Article
    Lock icon UK interest rate likely to rise
    108 1 AFP FURTHER British interest rate hike warnings were sounded by securities houses in London yesterday, j Goldman Sachs forecast a one per cent rise in I bank base rates to 14 per cent by mid-year, to go with last Friday s forecast from Phillips
    AFP  -  108 words
  • Article
    Lock icon Luzon may be forced to ration power
    126 1 AFP FACTORIES in the main Philippine island of Luzon may be forced to go on voluntary shutdowns this week due to the tight power supply, state-run National Power Corp (Napocor) said yesterday. Industrial plants in Luzon launched a programme of voluntary weekly shutdowns
    AFP  -  126 words
  • Article
    Lock icon Trading on KLCE suspended after KL bomb explosion
    314 1 Agencies A BOMB exploded yesterday morning on the second floor of the podium block of a Kuala Lumpur building complex which houses the British Council Language Centre, the Malaysian Primary Industries Ministry, the Association of Tin Producing Countries (ATPC) and the Kuala
    Agencies  -  314 words
  • Article
    Lock icon Lawyer group calls for another resolution on Tan Sri Hamid
    232 1 Bernama A GROUP of lawyers have asked the Malaysian Bar Council in Kuala Lumpur to convene a general meeting to reconsider and take a new vote on its resolution to take contempt proceedings against Lord President Tan Sri Abdul Hamid
    Bernama  -  232 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      188 1 Nikon The World's Finest Photographic System. Full report, PAGE 16 Regional Mkts, PAGE 18 Beef is Boss atjackjs What makes Jack's Place one of Singapore's favourite Restaurants It's not only our ambience, the friendly service and the affordable prices. It's because we serve our famous mouth-watering, tender, juicy steaks just
      188 words
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      Page 1 Advertisements Column 2
      214 1 Toughest part of Gatt talks lias ahead, PAGE 4 iV^ Editorial Comment: 10 Seeking friends, not power Hongkong 10 Changes in business districts Indonesia 11 A business partner is the key Industrial hazards 2 Local measures are stringent China Success of reforms essential' Western economies 4 Slowdown expected this year
      214 words
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      Page 1 Advertisements Column 3
      18 1 Nikon The World s Finest Photographic System. Cartier K as 'A O .o w */C 21 AMERICAN TANK
      18 words
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  • HOME NEWS
    • Article, Illustration
      Industrial hazards: S'pore takes a stringent approach
      318 2  -  By SHOEB KAGDA INDUSTRIES in Singapore netted right at the start to re that they do not pose and hazards to the populai insight into such stringent autions was provided by iter for the Environment, Dr ad Matter, when he opened ./Vorld Health
      318 words
    • Article
      Latest round of London-Singapore air talks postponed to next month
      390 2  -  By MARTIN SOONG LATEST ROUND of air talks een London and Singapore lcreasing flight frequencies een the two countries has postponed yet again, it was it yesterday. sheduled for this month, the will, instead, take place in following problems in
      390 words
    • Article
      Attractions at region's first airline exhibition
      234 2 RIGINE MUSICIANS from ysia. Pitches by British unity recruiters. Flights to noe. These are part of a gasbord of entertainment information available next at Travel World '89, the jn's first airline exhibition, ational carriers and their tries will "show off" their attractions at the
      234 words
    • Article
      Contrasting fortunes for builders in private and public sectors
      257 2 BUILDING CONTRACTS awarded by the public sector fell 41 per cent to $115.5 million in February, while those awarded by private developers almost doubled to $120.3 million. According to the latest Ministry of National Development figures, slightly more than 60 per
      257 words
    • Article
      NJC celebrating 20th birthday
      74 2 SINGAPORE'S first junior college turns 20 this year and is inviting all former students to join in the celebrations. National Junior College has lined up a month s activities ranging from drama and music to community service and a road relay on May 14, College Day.
      74 words
    • Article
      Joint venture plans to build $2m laundry plant
      536 2  -  By SANGEETA MULCHAND AERO LAUNDRY and Linen Services (ALLS), the newly-set up joint venture between Sats Apron Services and Initial Services (IS), is investing $2 million to convert a factory building in Loyang into a laundry plant. The building, rented from Jurong
      536 words
    • Article
      SIM increasing research on management styles and business trends
      349 2 THE SINGAPORE Institute of Management, which will be celebrating its 25th anniversary this year, will step up research on emerging management styles and business trends in Singapore. Findings from the studies will help the institute design more relevant and up-to-date programmes
      349 words
    • Article
      Seow Khee Leng must pay up $161,000 if he wants appeal heard
      291 2 OPPOSITION POLITICIAN Seow Khee Leng has been ordered to pay up $161,000 if he wants his appeal against a defamation suit to be heard The Court of Appeal yesterday ordered Seow. now a bankrupt, to pay the amount
      291 words
    • Article
      New transport equipment company already eyeing regional markets
      390 2 ENCOURAGED by its success in Singapore, a fledgling transport equipment company set up six months ago is keenly eyeing regional markets BOS Equipment, a subsidiary of grocery wholesaler Boiling Brothers Pacific Trading, will be setting up a wholly-owned subsidiary in Australia to
      390 words
    • Article
      Hearty response to meat course
      115 2 MAJOR HOTELS and department stores in Singapore are sending their butchers and cooks to a special course in handling, cutting and preparing meat organised by the Australian Meat Livestock Corporation. The course, understood to be the first of its kind offered in Singapore, has attracted
      115 words
    • Article
      British Columbia office to promote Asean trade
      248 2 UNDERSCORING its growing interest in the Asian region, the Canadian province of British Columbia yesterday officially opened a representative office in Singapore, its fifth in Asia. Its Hongkong office was opened only a few months ago. "All these indicate the extent of our
      248 words
    • Article
      CIDB launches joint training scheme
      365 2 A NEW SCHEME to encourage contractors to play a more active role in the training of their workers has been launched by the Construction Industry Development Board (CIDB). The Joint-Industry Training Scheme, first mooted earlier this year during the Zero Defects Construction '89 week, will
      365 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      152 2 ißgiiiMjßßMßßaaßHil BSSSSSSSSSSSSSSSSS ******************** Competitive Rates! Credit POSB. The most affordable way to own your home. Our home financing package makes home ownership more affordable. No frills. No strings attached. No catches. Just the most practical terms so that you own your home without too much hardship. Consider: Competitive interest rates:
      152 words
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  • ASIA – PACIFIC
    • Article
      Lock icon The greenhouse effect on Australia
      227 3 Reuter MILLIONS of Australians will be forced to move away from coastal areas in the next 30 to 50 years because of the greenhouse effect. Australia's Environment Minister has said. "The coastline is going to change radically. Millions of people will have to move," Graham
      Reuter  -  227 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1113 3 ARRIVALS Operator Service Local From number time MAS MH625 0005 KUl GIA GA990 0035 CGK SIA SQ11 0040 LAX/NRT UAL UA805 0055 SFO/HKG CAL CI341 0155 TPE KAL KE697 0155 SEL NCA KZ207 0215 NRT ALK UL455 0300 TYO FTL FT75 0315 ATL/DFW/ORD ANC/NRT/ JAL MNl/TPE JL617
      1,113 words
    • Article
      Lock icon Beijing acts to stop substandard exports
      209 3 AFP CHINA is to introduce a new law in August to prevent the exporting of substandard goods following complaints from abroad, the China Daily said. It also criticised some Chinese businessmen for trying to gain a quick profit by selling these goods. The director
      AFP  -  209 words
    • Article
      Lock icon Bigger Thai budget approved
      216 3 Reuter THE THAI Cabinet has approved a 17.3 per cent increase in national government expenditure for fiscal 1989/90 starting in October, after a 17.2 per cent rise in the current year. Budget Bureau director Bodi Chunnanonda said. He said that a special weekend Cabinet meeting approved
      Reuter  -  216 words
    • Article
      Lock icon Sihanouk predicts fruitful talks with Hun Sen
      149 3 Reuter PRINCE Norodom Sihanouk said in Beijing on Sunday that a breakthrough could be imminent in the deadlocked diplomacy over Cambodia, when he meets his Vietnam-backed rival, Cambodian Prime Minister Hun Sen next month. "I think that with patience, and wisdom, we together
      Reuter  -  149 words
    • Article
      Lock icon 'Half-tank ruling will not affect tourism in Johor'
      188 3 NST SINGAPORE'S "half-tank" ruling, which was passed by Parliament on Friday, will not have any adverse effect on Johor's tourist industry, chairman of the State Tourism and Social Development Committee Datuk Jimmy Low said. He said in Johor Baru on Sunday that
      NST  -  188 words
    • Article
      Lock icon New Delhi makes policy changes to improve tourism
      358 3 NYT IN A BID FOR a bigger share of Asia's booming travel industry and the accompanying hard currency. India is making what its top tourism official calls revolutionary changes in policy. Foreigners will be allowed to manage and hold 51 per cent
      NYT  -  358 words
    • Article, Illustration
      Lock icon China must succeed in reforms: IMF chief
      486 3 IHT MICHEL CAMDESSUS, managing director of the International Monetary Fund, says he believes it is "essential" that the world's most populous communist country succeed in its bid for marketoriented economic reforms. The Fund, said Mr Camdessus, who was to start a series of
      IHT  -  486 words
    • Article
      Lock icon Industrial output rose 15pc last month
      202 3 Reuter CHINA'S industrial output growth rose again in March, with imbalances in the economy worsening and in defiance of austerity measures aimed at slowing it. State Statistical Bureau (SSB) figures, published in the People's Daily on Saturday, show that industrial output in March was
      Reuter  -  202 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      37 3 Cat! your Trivti Agent or Air Cirudi u 7)295.55. A BREATH OF FRESH AIR The business person's choice every Tuesday, Thursday. Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow early the following morning.
      37 words
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      Page 3 Advertisements Column 2
      196 3 A HOME NCTA HOTEL There's no place like home. Especially after being away for a few weeks on a business trip.' But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
      196 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      45 3 Doonesbury m V «>; WEIL, I TRY NOT TO, JOANIE. PEOPLE WITH A Posmva ATTITUDE: GENERALLY UVE LONGER. BUT EVER/NOW ANP THEN, LATE AT NIGHT, I'LL S) BE WAZHING THE 'If I NEWS, ANP REAGAN'S J V> FACE WILL FLASH 8Y... m -J? BY GARRY TRUDEAU
      45 words
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  • REST OF THE WORLD
    • Article
      Lock icon Western economies seen slowing down this year after 1988 rebound
      514 4 Reuter WESTERN ECONOMIES will probably slow down in 1989 after rebounding surprisingly well from the 1987 world stock market crash, United Nations economists in Geneva said yesterday. The UN Economic Commission for Europe (ECE) said in its annual economic survey
      Reuter  -  514 words
    • Article
      Lock icon East-West trade 'hesitant' in 1988, says UN report
      354 4 AFP EAST-WEST trade was "hesitant" in 1988 despite a better international climate, closer contacts and more trade agreements between countries with market and planned economies, according to the 1988-89 Economic Report released yesterday. It was submitted to the United Nations Economic Commission
      AFP  -  354 words
    • Article
      Lock icon Poland raises bread prices by 26pc
      179 4 AP THE POLISH government yesterday raised bread prices by 26 per cent. The state-run news agency PAP in Warsaw said on Sunday that the price of a normal loaf of white bread was scheduled to increase from 49 zlotys (8 US cents) a loaf
      AP  -  179 words
    • Article
      Lock icon Toughest part of Gatt talks lies ahead
      289 4 AFP THE general agreements reached in Geneva during the weekend on agriculture. textiles and intellectual property rights saved the on-going Uruguay Round of multilateral trade negotiations from getting bogged down, but the hardest part lies ahead, delegates said yesterday. In those three sectors,
      AFP  -  289 words
    • Article
      Lock icon UN protection for guerillas
      138 4 Reuter RADIO MESSAGES beamed to the Namibian bush yesterday offered Swapo guerillas UN protection in line with an agreement between Cuba. Angola and South Africa on ending eight days of bloody clashes. The fighting, which has killed at least 290 people in northern Namibia and has
      Reuter  -  138 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      159 4 Tr -"•1 *v t Y** m %v--•s# 9 I J* f WHICH MAKES YOU FEEL MORE W-' fcft COMFORTABLE? »T/fi: ft v The immediate, yet quickly forgotten pain you receive when you pay fpr a good quality office chair? Or, saving a few dollars and sentencing some poor unfortunate soul
      159 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      140 4 Singapore OUTLOOK: Showers over few area* In the late afternoon. Report for 24 hours prior to 7.30pm on April 10 ot the airport: Max tamp 32.2 Assoc humidity 59 Mln tamp 24.0 Assoc humidity 92 Hrs of sunshine 9.90 Rainfall In mm nil Rainfall this mth M.7 Rainy days this
      140 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      200 5 Q "Even J. Paul Getty's account must have gone into the red at some time in his life," you tell yourself. However, your little gem of financial philosophy does nothing to solve your present predicament. There's no avoiding it, you have cheques to write but funds to find. Is this
      200 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1080 6 SINGAPORE: WITH G7 continuing to temper market bullishness ahead of this Friday's US PPI and trade deficit releases, the US dollar traded quietly in a range of D-mark 1.8785/1.8760. yen 132.75/132.50, GBP 1.6970/1.6933 and S$ 1.9550/1.9495. Last week's employment report was perceived as US$-positive by the inflation-conscious market,
      1,080 words
    • Article
      Lock icon Simex
      485 6 BA Futures JUNE EURODOLLAR futures opened 1 tick higher on Simex yesterday, but 2 ticks lower from Friday's Chicago closing level at 89 50 following an unexpected drop in the March US jobless rate. Market sentiments still remained bearish as rise in the hourly earnings sparked inflation fears The
      BA Futures  -  485 words
    • Article, Illustration
      World interest rates
      186 6 Indicates the average of the prima landing rates of 12 major banks In S'pore Interbank market rates (offer/bid) on Apr 10 7 dor, 1 m*> 12 US$ 10 9 7/9 ll7/» —J/» 10 1/1* 9 IS/16 1} 7/9 13 3/4 10 9/1* 3/16 1J J/« l) 1/4
      186 words
    • Article
      Options
      1342 6 CURRENCY FUTURES OPTIONS Monday, Apr 10, 1989 DEUTSCHE MARK (SIMEX) my m cam HMl Law Sott M High •y 66 p.* Law I Saa S3 s S3 31b 23 ■km M eat MtflU Lot Is San Jua M pula HM Law Saa SI 7 S3 30 S3 456 47
      1,342 words
    • Article
      Lock icon IMM
      287 6 Reuter IMM currency futures ended lower and near the bottom of session ranges last Friday as traders grew increasingly worried about encroaching inflationary pressures on the heels of a shrinking jobless rate. The drop in unemployment, to the lowest rate in more than 15 years, eventually overshadowed the news
      Reuter  -  287 words
    • Article
      Asian dollar market
      269 6 Asian dollar deposit rates ended at their opening levels in quiet trade, dealers said. The market is awaiting Thursday's release of US March retail sales and Friday's producer prices index for some direction. Short-dates and term rates were mostly steady in initial trade and remained unchanged thereafter
      269 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      173 6 jnji 111 nil Enjoy FRESH LIVE seafood. Prepared Singapore style, amidst unique courtyard setting and old Singapore atmosphere. iTrjl [■■■la Ikis f* twWt/y A v Ww\ 2 jik Au v J *1 J k V f J Singapore style seafood restaurant right in the heart of the city. VIP rooms
      173 words
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  • BANKING AND FINANCE
    • Article
      Travel cover: Don't leave home without it
      751 7  -  by PAUL FRANKLAND Mr Frank/and is the Singapore branch manager for Commercial Union Assurance, one of the Republic's largest insurance companies. His views do not necessarily reflect those of Commercial Union. ONE OF THE front-page stories in last week's British press told the
      751 words
    • Article
      Government Securities Market
      98 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****A 06.07.89 3.97 3.92 6 months BS*****N 17.08.89 3.99 3.94 1 year BY*****H 23.11.89 4.00 3.95 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BIO OFFER HIGH
      98 words
    • Article
      Smooth start for Simex oil futures
      239 7  -  By SOH TIANG KENG THE DELIVERY SYSTEM for the high sulphur fuel oil futures contract of the Singapore International Monetary Exchange (Simex) has got off to a good start. Simex announced yesterday that the first two deliveries for the oil futures contract were carried
      239 words
    • Article
      Economists expect further US rate rise within this quarter
      421 7 DESPITE a growing conviction that the pace of economic growth in the US is slowing, credit market analysts see little reason to expect interest rates to fall soon. Indeed, most say that further rises in the current quarter appear likely. Conditions
      421 words
    • Article
      Money markets
      62 7 THE OVERNIGHT RATE on the Singapore money market fell by 1/8 point to close at 5 1/4 per cent yesterday. Short term rates remained unchanged. S$ Interbank rates at the close yesterday: Of«t MO niflht 5 1/4 5 l/a I -month 5 1/4 S 1/8 2-month 5 5/16
      62 words
    • Article
      Lock icon Kenya likely to get World Bank credit
      177 7 Reuter THE WORLD BANK said discussions last week in Washington with Kenyan officials had paved the way for it to secure final approval for a financial sector adjustment credit for Kenya. Earlier, in a dispatch from Washington, the official Kenya News Agency said
      Reuter  -  177 words
    • Article
      Tat Lee after-tax group profit rises by 21 pc
      458 7  -  Finance subsidiary suffers 12.2 pc fall in revenue By QUAK HIANG WHAI TAT LEE Bank, the last of the six publicly-listed local banks to release its 1988 financial results, has reported a 21 per cent rise in after-tax group profit to
      458 words
    • Article
      Lock icon Mexico to let banks fix interest rates
      737 7 NYT SEEKING to open up the nation's state-controlled financial system, the Mexican government has revoked the central bank's power to fix uniform interest rates and plans to allow commercial banks to set their own rates. The long-awaited initiative is expected to bring increased
      NYT  -  737 words
    • Article
      Lock icon Israel urged to sell off major banks
      307 7 Reuter AN AMERICAN consulting firm has recommended that the Israeli government sell off the nation's major banks by a mix of private placement and public share offers but retain a "golden share" to safeguard national security interests. Merrill Lynch Capital Markets, in a
      Reuter  -  307 words
    • Article
      Lock icon Wardley's 1988 net profit takes a slight dip
      170 7 Reuter WARDLEY LTD has announced a 1988 profit after tax of HK$367 million, slightly lower than the record figure of HKS372 million in 1987 The company is the principal merchant banking entity within Wardley Holdings Ltd, a wholly-owned subsidiary of the Hongkong
      Reuter  -  170 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      114 7 FOR SALE BY TENDER 2 PRIME FREEHOLD OFFICE REDEVELOPMENT SITES SINDO HOUSE, 37/39 ROBINSON ROAD, AND RAMAVANA BUILDING, 4S/47 ROBINSON ROAD, SINGAPORE Prime office location along Robinson Road between McCallum and Boon Tat Streets in the Central Business District of Singapore. Sindo House and Ramayana Building are both pre-war buildings,
      114 words
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      Page 7 Advertisements Column 2
      270 7 Seminar on "Audit Gmmittees^ The Companies (Amendment) Bill 1989 introduced in Parliament on the 22nd day of March 1989 proposes to amend the existing Companies Act (Chapter 50 of the 1988 Revised Edition) by inserting a new Section 2018. This Section makes it mandatory for every listed company to have
      270 words
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  • COMMODITIES
    • Article, Illustration
      Hung Yuan sets up futures unit here
      379 8  -  By DEXTER LEE HONGKONG-BASED Hung Yuan (Overseas) International Investment Ltd, a subsidiary of the Hung Yuan group of Taiwan, has set up a commodity futures broking and property investment operation in Singapore. The local office, Hung Yuan (S pore) Investment Research (Pte) Ltd.
      379 words
    • Article
      Lock icon Copper tube plant coming up in Shah Alam
      528 8 Bernama THE LONDON-BASED Metdist gfoup, in association with its Malaysian associate, Metrod (Malaysia) Sdn Bhd, a manufacturer of copper rods and wires, will build a Msllo-million copper tube plant in Shah Alam near Klang later this year, executive director P K Saraf
      Bernama  -  528 words
    • Article
      Lock icon Seoul opens agricultural market wider
      316 8 AFP SOUTH KOREA has announced measures to further open its agricultural and fisheries markets in a bid to ease trade friction with the United States. Analysts said, however, that the measures might not be enough to satisfy Washington, as some important goods such as beef
      AFP  -  316 words
    • Article
      Lock icon Bearish short-term outlook seen for palm oil
      432 8 Bernama CRUDE PALM OIL. long held as Malaysia's golden crop, seems to have lost its glitter, especially now when the market outlook for the industry does not seem encouraging. Vijaya Bharathi of Maika Commodities Sdn Bhd. which is a major palm oil trader,
      Bernama  -  432 words
    • Article
      Lock icon No deal on international coffee
      164 8 Reuter THE FUTURE of an international price-stabilising agreement for coffee looked bleaker than ever last Friday after five days of talks failed to break a deadlock between major producers and consumers. Delegates to the 74nation International Coffee Organisation (ICO) expressed pessimism about the chances of
      Reuter  -  164 words
    • Article
      Precious Metals
      411 8 HONGKONG: Gold ended at the day's low yesterday as the US dollar showed a firmer tone. Dealers said selling from local and London investors pushed prices lower. despite light physical demand from Singaporean and Japanese traders. Easier silver and platinum prices also discouraged gold buying and the metal
      411 words
    • Article
      Produce Prices
      193 8 Chinese Produce Exchange SollorV noon doting prlcti on Apr 10 (SS/100 kg) Coconut oil Bulk FOB 105.00 CHd drum FOB 115.00 Now drum FOB 119.00 Copra Miiod (Ioom) 63.00 Pepper Muntok whito FOB NLW 675.00 Sarawak whito FOB fog NLW 665.00 Sarawak ipodai black FOB NLW 462.50 Sarawak
      193 words
    • Article
      Lock icon Crude Oil and Products
      155 8 Telerate FUEL OIL PRICES are stable-to-firm in the Singapore market. Players say Ist and 2nd half April barrels still command a premium over May cargoes An independent reportedly sells an inde- pendent April CSTIBO at $101.5 mt fob Sing. Japanese interest for AprilMay CSTIBO is seen
      Telerate  -  155 words
    • Article
      Palm Oil
      185 8 TRADING IN MALAYSIAN crude palm oil futures g was suspended yesterday after an explosion rocked the building which houses the commodity exchange, the Kuala Lumpur Commodity Exchange said. The blast occurred at 8.30 am. MALAYSIAN crude palm oil prices closed higher on light covering interest yesterday. supported by
      185 words
    • Article
      Rubber
      336 8 SINGAPORE: Rubber prices ended narrowly mixed yesterday with May 1 RSS buyer quoted at 209.00 cents a kg, up 0.50 cent from Friday's close. Brokers said the morning market recorded a loss of one cent in quiet trade. Values recovered in the afternoon on light short-cov-ering of nearby positions
      336 words
    • Article
      RAS and MRELB
      275 8 RAS prices In S c*nts/kg, FOB in bata 1 NOON CLOSE Buyers Sellers Buyers Sellers Inf 1 RSS Prompt 209.00 210.00N 209.50 210.50 lot 1 RSS May 89 208.50 209.00N 209.00 210.00 Int 1 RSS June 207.00 208.00N 208.00 209.00 Int 2 RSS Of 202.50 204.50N 203.00
      275 words
    • Article
      SSR and SMR
      77 8 (canti/kg) MAY 1989 JUNE 1989 (currant month) (forward month) RAS NOON 8uy«r» S*U*n NOON Bwy«r> S*U*rt SS« 20 184.50 186. SON 184.50 184.SON SS8 50 182.50 184.50N 182.50 184 JON MRELB B«y»rt S«ti*n S.M™ SMR cv 285.50 287.50N 287.50 289.SON SMS L 285.00 287.00N 287.00 289.00N SMR
      77 words
  • Page 8 Advertisements
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  • TECHNOLOGY
    • Article, Illustration
      The choice portable with a wealth of options
      801 9  -  i mmm By JEFFREY TSANG The Zenith Supers Port PORTABILITY is in. No selfrespecting yuppie would be caught without a hand-held cellular phone somewhere in a briefcase or an electronic directory and memopad in a pocket. Yes, in this day of productivity
      801 words
    • Article
      New ASIC plant wins export orders
      410 9  -  Aussie company to set up design centres in S'pore By BRIAN GOMEZ A NEWLY ESTABLISHED application specific integrated circuit (ASIC) plant in Sydney Australia's first has already won significant export orders. While new. the company has already got plans in the pipeline to set
      410 words
    • Article
      MCS launches S'pore-designed computer
      205 9  -  -By JEFFREY TSANG LOCAL PC MAKER Microcomputer Systems (MCS) has just launched one of the world's fastest computers at COMDEX Spring 89. an international computer trade fair and exhibition in Chicago. The 386/33 from MCS is the first 33MHz computer to be designed and manufactured locally,
      205 words
    • Article
      Scientists reveal details of radical nuclear energy experiment
      234 9 A PRESTIGIOUS scientific magazine has published two scientists' first detailed account of the "cold fusion'' experiment which they say could provide a key to low-cost nuclear energy. Mr Martin Fleischmann and Mr Stanley Pons stunned scientists last month by saying they had
      234 words
    • Article
      Lock icon IBM now making a version of Intel chip
      273 9 NYT THE International Business Machines Corp has begun manufacturing its own version of a powerful Intel microprocessor chip used in the computer maker's top-of-the-line personal computer. Separately, the computer maker said it was introducing a new mainframe, two mid-range computers and a
      NYT  -  273 words
    • Article, Illustration
      LIGHTER SIDE
      110 9 ALWAYS FELT that the government wasn't doing a good enough job? Sure you could do it better if you were in power? Then you've got to try Sim City, a simulation strategy game. Instead of an army or band of adventurers, Sim City lets you take charge of
      110 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      90 9 NATIONAL SCIENCE TECHNOLOGY AWARD (NSTA) NATIONAL YOUNG SCIENTIST ENGINEER AWARD (NYSEA) The two coveted Awards are presented to Singapore scientists/ engineers who have contributed to research, development and innovation in the fields of Science, Engineering and Medicine. Nominations for both Awards are now open. Singaporeans and permanent residents are eligible
      90 words
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      Page 9 Advertisements Column 2
      162 9 The local diplomatic set have at last discovered le Restaurant de France. r>J -cvr; r IU a W/u vj Jl K?J '22 A .V< Vj V*. T X. s r v 4' f I t f.t. ft -.•r V 9; mi. Remember to book a table early in a foreign
      162 words
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  • PERSPECTIVE
    • Article
      Seeking friends, not power
      446 10 A CONTINGENT OF 21 policemen might not make for anything in holding the peace even in a domestic riot. What more in Namibia where armed expressions of smouldering emotions of the past seven decades of vested interests are being vented in total disregard to a United
      446 words
    • Article, Illustration
      Lock icon Changes in HK's business districts
      1634 10  -  High rents are changing the face of Hongkong's business districts. Small banks, insurance and trading companies are fleeing from the Central area to Wanchai, known for its red light district. Rents in Wanchai have in turn soared, pushing businesses to other secondary locations. BT's Hongkong
      Source: Jones Lang Wootton  -  1,634 words
    • Article, Illustration
      Lock icon Brady plan: gap between reality and expectation
      1005 11 NYT THE STRUGGLE over how to handle the Third World debt crisis has entered a risky new stage. US Treasury Secretary Nicholas F Brady has raised expectations in the highly indebted countries with his plan to encourage greater debt relief on the part
      NYT  -  1,005 words
    • Article, Illustration
      Lock icon Get that personal contact
      766 11  -  How to do business in Indonesia By JOHN MURRAY BROWN FT THERE ARE three golden rules, Get yourself a good partner, get yourself a good partner and get yourself a good partner. This is the advice of one Jakarta-based business consultant who today does a rip-roaring
      FT  -  766 words
    • REGIONAL VIEWPOINTS
      • Article, Illustration
        Slowing down the pace of progress
        382 11 Our weekly summary of what regional publications have to say about Issues of international Interest CHINA "PRAGMATISM was the dominant theme of the National People's Congress which adjourned earlier this week in Beijing. The new national agenda of slow but steady advancement is the
        382 words
      • Article
        Will the Brady plan succeed?
        409 11 UNITED STATES "THE US$l.3 TRILLION Third World debt problem continues to plague the international financial environment and has to date defied any viable solution. The Brady plan, unveiled last month to an international development group, has been met with varying degrees of scepticism by some
        409 words
      • Article
        Future directions for tin
        256 11 MALAYSIA "IN JANUARY this year, the Association of Tin Producing Countries (ATPC) conference of ministers approved a third 12-month supply rationalisation scheme (SRS) beginning March 1, 1989. the intention being to wind down excess stock levels by another 8,000 tonnes to about 30,000 tonnes "Subsequent to
        256 words
      • Article
        Verification a problem
        402 11 VIETNAM "IF VIETNAM is determined to reap the maximum benefits from its unilateral decision to withdraw unconditionally all its remaining troops from Kampuchea by the end of September, then the serious hurdle it has to overcome is the problem of credibility. "Unless the withdrawal is accepted as
        402 words
      • Article
        Cooperation with UK on defence
        167 11 INDONESIA "THE United Kingdom has offered Indonesia cooperation in the field of defence. The offer was made during the visit of British Defence Secretary George Younger to Indonesia recently. We welcome such an offer of cooperation on the grounds that firstly the bilateral cooperation between
        167 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      87 10 Cash in on the Citroen Exclusive Offer from April till June '89 itroenßX. Tk New Look Just Arrived iK 1 I m TkcartMwiUtakyouintofhe9o's CITROEN 0 Ccdl 472-0011 for a test drive. ADVANCE AUTOMOBILE (PTE) LTD Showroom open: 8 30am 6pm (Mon-Sat) 11am 4pm (Sunday) 281 Alexandra Road. Singapore 0315 Tal
      87 words
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      Page 10 Advertisements Column 2
      56 10 $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS PSA, fhe busiest port in the world, is on course lor other o«olodes. Boom time for the shiprepair industry. A profile on Tibs chief Ng Ser Miang. Ruffles revisited history makes way. Simex gets set for a second energy contract. APRIL 1989 A
      56 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      27 10 BriStc*nEan&l>ic&2S N/OO'Re U3RSTin)G your SITTING HGRe RLLDRy. YOU OUGHT TO G£V PI JO© U>iTH chgstgrf=feKß.y's PI RoRTorOG LOF\I7i N G for p\ Buyns/G CL6-R< V s 5)
      27 words
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  • LEISURE
    • Article, Illustration
      Lock icon Tiffany's recaptures glamour of the past
      792 12 JEWELLERY TRADE Reuter DON'T ASK for a discount if you're shopping at Tiffany's. Expensive high-quality merchandise is one of the hallmarks of the fine jewellery store whose name is synonymous with good taste. And on the subject of good taste, don't expect to find
      Reuter  -  792 words
    • Article, Illustration
      Lock icon Profumo film may be cut to avoid 'X" rating in US
      375 13 MOVIES Reuter THE DISTRIBUTORS of Scandal. the film about the Profumo sex affair that rocked the British government in 1963. said they would consider cutting the film to avoid an 'X' rating, but would not remove an entire orgy
      Reuter  -  375 words
    • Article, Illustration
      Lock icon The private face of Stalin
      451 13 MEMOIRS AP WORLD WAR II Soviet leader Josef Stalin was a harsh man of few words, but he occasionally gave in to softer human emotions, former Soviet foreign minister Andrei Gromyko says in his memoirs. The first of a series of excerpts from Gromyko's book.
      AP  -  451 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      875 12 m J.MOREAU Wh ere to entertain SvlS u lt^a K°id* n 1 vut to her singing your favourites from f»t[) to country u tstern and eirrgrttns. <3& miMG COURT HOT€L SINGAPORE Caft Boh taunt: 7 .M)p.m. UHht.m. IruLty Silt until) O Hit of hthJuys: 7.H)p.m. 2.(Mla.m. 1. lanolin Road, Singapore
      875 words
    • Advertisement
      Page 12 Advertisements Column 2
      204 12 Treat your secretary to a delectable 4 course lunch C", and fashion spectacular as only The Stables can do it. There'll be gifts for one and\ all. plus a chance to win valuable prizes in our Lucky Draw. tit Orrharrl Rjkml. 7;{7 4411 Cairn-Court Restaurant Presents The super-value BEST OF
      204 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      198 13 fi M f&ll Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, tor 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
      198 words
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      Page 13 Advertisements Column 2
      70 13 is I Moreau Established in Chablis, on the northern tip of Burgundy, J. Moreau have produced the finest Chablis wines for over 170 years. They oum 70 hectares of vineyards the largest within the Chablis appellation. Including 10 hectares of Grand Cru vines which yield exquisite, full-bodied wines such as
      70 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      634 13 CRYPTIC PUZZLE ACROSS 1 Cake from that Italian place (5) 6 Room set apart? (5) 9 Its contents are too hard to eat! (7) 10 Hard work, this operation? (5) 11 Maybe a line from Cleo (5) 12 Welshman sweet to Americans (5) 13 Food for many a bad sinner
      634 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1229 13 TV and RADIO Ossie 'orses rmmm 'y V^k X? V' ;;f>" A Oi//? CHOICE HARRIS DOWN UNDER, 10.35pm, Channel 5 Lee Majors is an American rancher, Reed Harris, who returns to Australia in an attempt at reconciliation with his estranged wife and two sons. But tragedy strikes when his wife
      1,229 words
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  • SPORTS
    • Article
      Third seed falls on opening day
      489 14  -  DHL SINGAPORE WOMEN'S OPEN By A SURENDREN A GAME Eva Krapl of Switzerland defeated third seed American Ann Henricksson 5-7, 7-6, 6-4 in a close battle that befitted the centre court on the opening day of the DHL Singapore Women's Open. It was a
      489 words
    • Article, Illustration
      Lock icon Graf demolishes Zvereva for Cup
      609 14 TENNIS UPI STEFFI GRAF kept her 1989 winning streak alive last Sunday by downing Soviet star Natalia Zvereva 6-1, 6-1, to win the US$3OO,OOO Family Circle Cup. It was Graf's third win in as many meetings over the 17-year-old Zvereva and her 27th match win
      UPI  -  609 words
    • Article
      Lock icon McEnroe eager for Davis Cup revenge against West Germans
      328 14 AFP JOHN McENROE, storming back to the form which made him the world's No. 1 from 1981-1984, is "excited" and "confident" at the prospect of facing West Germany in the Davis Cup semi-finals in July. "I think it will be a
      AFP  -  328 words
    • Article
      Lock icon Mercedes takes top two places in prototype race
      426 14 MOTOR RACING Agencies SAUBER-MERCEDES dominated the opener of the world sports prototype championship series in Suzuka, Japan, last Sunday, making it a one-two finish. Sauber-Mercedes, driven by Mauro Baldi of Italy and JeanLouis Schlesser of France, roared to victory, covering 82 laps
      Agencies  -  426 words
    • Article, Illustration
      Lock icon Hawks score close win over Bulls
      267 14 BASKETBALL AP A THREE-POINT buzzer shot by Dominique Wilkins at the end of the third quarter and two baskets by Antoine Carr starting the fourth broke open a close game and sent the Atlanta Hawks to a 108-100 victory over the Chicago Bulls last
      AP  -  267 words
    • Article
      Lock icon Canadians sweep individual titles
      363 14 SPEED SKATING AP MICHEL DAIGNAULT upstaged hometown favourite Wilf O'Reilly in the men's event and Sylvie Daigle captured the women's crown as Canada won both titles in the world short track speed skating championships in Solihull, England, last Sunday. Oaignault, who also shared the title two
      AP  -  363 words
    • Article, Illustration
      Lock icon Faldo clinches Masters with brilliant comeback
      555 14 GOLF AFP BRITAIN'S Nick Faldo played one of the most brilliant rounds of his career in Augusta, Georgia, last Sunday coming from behind to beat Scott Hoch in a two-hole play-off to win the US Masters. "It means the world. Words don't describe it."
      AFP  -  555 words
    • Article
      Closing date for charity Open extended
      256 14  -  I I ov by CHARLES SAVAGE THE CLOSING DATE for entries for the Singapore Island Country Club (SICC) May Day Charity Open has been extended to April 20. Entries were supposed to have closed yesterday but Mr Yeo Kim Lock, SICC's acting general manager,
      256 words
    • Article
      It's official — Renault clinches top spots in Tour
      255 14 It's official Renault clinches top spots in Tour MOTOR RALLY FINAL RESULTS of the Motul Yokohama Tour de Singapour rallye released last night gave the Renault turbo-charged attack a one-two sweep. Leslie Chang and Douglas Chua kept the top position while Rodger Anders in another Renault SGT Turbo moved up
      255 words
    • Article
      Lock icon Marshall sets new record as India falters
      275 14 CRICKET AFP FAST BOWLER Malcolm Marshall set a new West Indies wick-et-taking record as he undermined India's second innings and committed it to almost certain defeat on the third day of the second cricket Test in Bridgetown. Barbados, last Sunday. The 30-year-old Marshall,
      AFP  -  275 words
    • Article
      Lock icon US athletics spokesman backs inquiry
      278 14 THE BEN JOHNSON INQUIRY AP TRACK AND FIELD is dirty, says Harvey Glance, and Canada's way is the only way to clean it up: force the sport to air its laundry in public. Glance, an Olympic gold medallist and spokesman for thousands of US athletes,
      AP  -  278 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Malaysian plantation stocks losing their appeal
      461 15 tcmtog mm™ HOCK LOCK SIEW DURING the last couple of weeks, Malaysian stocks have captured investors' dollars to lead the market. And no wonder. Malaysia's economy is doing well, prices of commodities have improved, the ringgit is recovering from its bottom and properties are
      HOCK LOCK SIEW  -  461 words
    • Article
      Lock icon M'sian firms raised M$691m through rights in first quarter
      1089 15 MBT MALAYSIAN COMPANIES are taking advantage of the buoyant stock market to raise cash through rights issues. In the first quarter this year they had raised some M 5691.63 million through such issues. Analysts said this is the best time to
      MBT  -  1,089 words
    • Article
      Lock icon Sime Singapore doubles profit at half-time
      698 15 MBT SIME DARBY'S operations in Singapore are set to turn in a sharply improved performance this year based on its extremely encouraging interim results. The diversified conglomerate is currently preparing to list its Singapore operations grouped under Sime Darby Singapore Ltd (SDS). For the
      MBT  -  698 words
    • Article
      Sim Lim Co faces another winding-up petition
      344 15  -  By ELAINE KOH SIM LIM Co Pte Ltd, which was once a subsidiary of listed Sim Lim Investments, is facing its third winding-up petition in slightly over a year. Indocement Singapore, part of Indonesian Liem Sioe Liong's group, filed for the winding-up of
      344 words
    • Article
      Extraordinary loss drags Pan Malayan Holdings into the red
      557 15  -  By KEVIN GWEE PAN MALAYAN Holdings Ltd (PMH), now the property arm of the Tat Lee Bank group, has reported group profit after tax and minorities of $3.48 million for the year ended Dec 31. 1988. which was 78.8 per cent
      557 words
    • Article, Illustration
      Amount of Sealion shares Ng bought similar to plan
      212 15  -  Insider Trading Trial ALLAN NG BUSINESSMAN Allan Ng agreed in court yesterday that the 23.3 per cent interest he acquired in Sealion Hotels Ltd on Jan 7. 1987, was roughly similar to the amount he had in mind in early October
      212 words
    • Article
      Inchcape pic's after-tax profit up 33pc to £84m
      375 15 UK-BASED Inchcape pic, parent of Inchcape Bhd which reported record profits for 1986, has posted a 33 per cent rise in profit after tax and minorities to £84.1 million (£63.1 million) for the year ended Dec 31, 1988. Thanks to improved turnover
      375 words
    • SES
      • Article, Illustration
        KL stocks continue to dominate trading as market advances
        1193 16  -  by ANDREA BORCH SHARE PRICES rose on the local market yesterday with Malaysian stocks continuing to dominate trading. The Straits Times Industrials Index opened the week with a 5.31-point gain to 1,191.97. The Business Times Composite Index climbed 2.44 points to
        1,193 words
      • Article
        COMPANY MEETINGS
        98 16 MALAYSIAN TOBACCO COMPANY BERHAD: 32nd AGM<at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail,.Kuala Lumpur, tomorrow at 11.30 am. CARLSBERG BREWERY MALAYSIA BERHAD: 19th AGK4 at No. 55 Persiaran Selangor, Section 15. ***** Shall Alam, Selangor, on Tuesday, April 18, at 11.30 am. t CHEMICAL COMPANY OF MALAYSIA BERHAO:
        98 words
      • Article
        APPROVED ISSUES
        197 16 Company RIGHTS ISSUE 0 C Bank One-lor two 0|OHp« shore E> dote Match 9 Books dos* March 23 Arttpkyict 1 fo, »«ni May 5 George Town Three lor two Jl 00 per shore (i dol*: More* 13 Books close March 28 Accep'once 1 PoyaeM Moy 12 Inno-Pocific Threeforiwo
        197 words
      • Article
        PROPOSED ISSUES
        323 16 Company RIGHTS ISSUE Ayer Hiiam Tin One for one 11 10 par that* Berjaya Corpn One lor one $1 00 por por itor* C 1 Holdings 27 Million loon docks m Hie rot>o o1 $3 loon slock lor every live ordinary stores toW Causeway In* Isiuo o4 232.937
        323 words
    • Article
      SES SHARE INFORMATION
      6013 16 1989 High Low Tel Cod* Company Last Sale APR 10 orVol (-000) Oay High Low Last Quota Buyer Sailer Gr-s Div Div C'VT Qr's rw Net P/E M Cap $mil SECTION ONE INDUSTRIAL COMMERCIAL 162 85 262 200 112 382 244 350 132 153 162 293 54%
      6,013 words
    • KLSE
      • Article, Illustration
        Lock icon Properties steal the show
        3549 17 MBT PROPERTIES hogged the limelight on the Kuala Lumpur stock market yesterday, posting good gams and comparatively heavy volume. Other sectors were also taken higher on balance. Turnover rose markedly. totalling around 55 million shares done. However, a broker felt that this could be one of
        MBT  -  3,549 words
    • REGIONAL MARKETS
      • Article
        Lock icon Hongkong market in seasonal lull period
        421 18 Reuter THE HONGKONG stock market is stuck in its traditional dull period after the March announcements of major corporate results, and analysts said it was unlikely significant movements would be seen this week. "It is clear overseas fund managers have gone elsewhere to Malaysia,
        Reuter  -  421 words
      • Article
        Lock icon Coke offers prospect of more trade to India
        435 18 AFP COCA-COLA Co of the United States has offered to explore possibilities of doing additional trade with India as part of its bid to set up an Indian plant for manufacturing ingredients. The soft drink giant is still waiting for the government
        AFP  -  435 words
      • Article
        Lock icon South Korea's indebted farmers warned to avoid stock market
        524 18 AFP SOUTH KOREAN farmers, frustrated by low prices for their goods, are rushing in their thousands to invest in the country's booming stock market, ignoring warnings of the risks involved. Across the country, farmers are selling precious cattle and rice paddies
        AFP  -  524 words
      • Article, Illustration
        Lock icon Scandal weighs on market
        620 18 Tokyo Reuter SHARE PRICES yesterday closed lower in very thin trade. Investors avoided the market because the latest developments in the Recruit share scandal have put increased pressure on Prime Minister Noboru Takeshita to resign or call a snap general election, brokers said. The key 225-share
        Reuter  -  620 words
      • Article, Illustration
        Lock icon Investors sidelined
        544 18 Australia UPI SCARED BY high interest rates and uncertain about Treasurer Paul Keating's economic statement tomorrow, investors yesterday kept to the sidelines The All Ordinaries Index closed 0.2 points lower at 1412.7. Brokers said the market was caught in limbo ahead of the economic statement. "It is extremely
        UPI  -  544 words
      • Article, Illustration
        Lock icon Mixed close in light trading
        1331 18 Hongkong AP SHARE PRICES on the Hongkong Stock Exchange closed mixed in light trading yesterday. The blue-chip Hang Seng Index closed at 3,021.43. down 2.66 points from Saturday. Turnover totalled HK$753 million (U5596.5 million), compared with HKSB76 million (U*****.3 million) on Friday. Most blue chips
        AP  -  1,331 words
      • Article
        Lock icon Manila: Prices slip
        188 18 Reuter PHILIPPINE shares yesterday fell across the board amid reports the Securities and Exchange Commission appeared serious in tracking down insider traders and other legal cases involving blue chips, brokers said. The Manila Stock Exchange composite index slipped 1.28 per cent to 922.07 points from Friday's 934.06.
        Reuter  -  188 words
      • Article
        Lock icon New Zealand: Sharp dip
        180 18 Reuter THE NEW Zealand share market yesterday dipped sharply after Fletcher Challenge's shares went ex-dividend. The Barclays Index fell 25.56 to 1.849.17 with Fletcher Challenge which makes up nearly 25 per cent of the index dropping 19 cents to 4.86. Brokers said the market lacks any
        Reuter  -  180 words
      • Article
        Lock icon Seoul: Stock prices plummet
        176 18 Reuter SEOUL STOCKS slumped across the board as analysts expected investors to Keep a low profile this week when a dissident leader returns from a controversial trip to North Korea, threatening to stir political bickering. After opening slightly higher, the composite index dropped to 965.5 near
        Reuter  -  176 words
      • Article
        Lock icon Taipei: Sharply higher
        300 18 Reuter TAIWAN share prices extended their early gains, propelling the index to a sharply higher close on heavy turnover, dealers said. The weighted index gained 184.1 points, or 2.42 per cent, to finish at 7,780.17 compared with Saturday s 7.596.00 finish. Turnover climbed to NT572.84 billion from
        Reuter  -  300 words
      • Article
        Lock icon Bangkok: Prices get a lift
        229 18 Reuter A BRISK RALLY in late trading helped lift prices on the Thai stock exchange. brokers said. The Securities Exchange of Thailand Index rose 1.32 points to 454.32 in active trade. Winners led losers 60 to 35, with Star Block, CPNE and Jalaprathan the most
        Reuter  -  229 words
    • INTERNATIONAL COMPANY NEWS
      • Article
        Lock icon Christopher Skase in Hollywood: empire builder or speculator?
        676 19 AFP THE Christopher Skase story, in which the young Australian playboy tycoon buys a famous Hollywood movie studio, is playing to mixed reviews among the business community. The critics are divided: Is the 40-year-old Mr Skase a visionary empire builder, or is
        AFP  -  676 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        842 19 Agencies MILAN: Share prices yesterday ended mixed on options expiry day in thin trading volume weighed down by renewed tension in the governing coalition, brokers said The MIB index edged up one point, or 0.10 per cent, to 1,019. Consob suspended trading in Msndadori and L Espresso
        Agencies  -  842 words
      • Article
        Lock icon Wall Street sees quickening pace in takeover activity
        500 19 Clampdown on acquisitions unlikely: corporate raiders NYT WITH WALL STREET bankers and corporate raiders apparently convinced that lawmakers in Washington will not move to curb takeover activity, the number of attempted takeovers, mergers and other restructurings has jumped sharply in recent days.
        NYT  -  500 words
      • Article
        Lock icon Rolls's bid for NEI undervalued, say analysts
        361 19 Reuter MANY ANALYSTS in the engineering sector believe RollsRoyce pic's agreed £306 million bid for Northern Engineerhg Industries pic (NEI) undervalues the power generation group and provides an open invitation for more generous overseas predators. Mr Brian Newman, an analyst on NEI from
        Reuter  -  361 words
      • Article
        Lock icon UK police in Egypt to look into takeover of Harrods
        272 19 Reuter TWO BRITISH DETECTIVES have flown to Egypt to probe alleged wrong-doing during the 1985 takeover of Harrods department store in London. A police spokesman said in London >hey left on Saturday for Cairo to gather evidence about the wealth
        Reuter  -  272 words
      • Article
        Lock icon More mergers and acquisitions seen in US energy industry
        189 19 Reuter INVESTMENT banking firm Wasserstein Perella and Co says it expects increased takeover activity in the energy industry. The firm, which specialises in mergers and acquisitions, has opened a new office in Houston, the centre of US energy activities, in anticipation
        Reuter  -  189 words
      • Article
        Lock icon Bonn's three big chemicals firms set for further gains
        736 19 Reuter WEST GERMANY'S three big chemicals companies are poised for further earnings gains and stronger stock market performances in 1989, analysts said. "We are quite bullish on chemicals for this year and next." said David Elsmore of Schroder Securities Ltd in
        Reuter  -  736 words
      • Article
        Lock icon Northwest's real estate assets may help finance takeover
        348 19 UPI NORTHWEST AIRLINES valuable real estate holdings in Japan could be crucial in helping any corporate raider finance a takeover. analysts say. Oilman Marvin Davis has already ottered US$9O a share, or US$2.6 billion, for NWA Inc, the parent company of the
        UPI  -  348 words
      • Article
        Lock icon Gulf and Western to sell financial services arm, rename itself
        398 19 Reuter GULF AND WESTERN Inc is to sell its huge financial services business and concentrate on its far-ranging media interests, renaming itself after its Paramount Pictures subsidiary in the process. Paramount is one of Hollywood's major studios, having made such
        Reuter  -  398 words
      • Article
        BONDS, LOANS & WARRANTS
        729 19 BONDS, LOANS WARRANTS Company Expiry Coupon Conversion period Merest Conversion term tor one ordinary maturity data <%> payable share CK Tong Wrts *****990 Anytime to May 31. 1990 1 warrant plus $2.25 cash Chuon Hup Wm 1991 Anytime on or ofter March 1.6 warrants plus $1.60 cash. 1987 until Dec
        729 words
    • LATE FILE
      • Article
        Lock icon Good outlook for Thai economy
        35 20 AFP PRIME MINISTER Chatichai Choonhavan yesterday said he was confident of Thailand's economy despite forecasts of a growing trade deficit, higher inflation and a shrinking balance of payments surplus. AFP
        AFP  -  35 words
      • Article
        Lock icon Vietnam blasts call for more aid
        36 20 AFP VIETNAM yesterday condemned US congressman Stephen Solarz's call for more aid to non-communist factions of the Cambodian resistance, saying it did not help to "peacefully resolve the Cambodian problem—
        AFP  -  36 words
      • Article
        Lock icon Hyundai mission to Manila
        42 20 AFP HYUNDAI Electronics Corp, a subsidiary of South Korea's biggest conglomerate Hyundai Corp. is to send an investment mission to Manila next week to scout out possible joint ventures in the Philippines. the Manila trade department said yesterday.
        AFP  -  42 words
      • Article
        Lock icon US military systems bombed
        37 20 AP SUSPECTED Communist rebels bombed US military communications equipment Sunday morning, destroying an antenna and damaging three electric pylons, US and Philippine officials reported yesterday, adding that the communication site remained operational. AP
        AP  -  37 words
      • Article
        Lock icon More setbacks for Communist Party
        43 20 AFP PARLIAMENTARY candidates, backed by "informal groups" set up to further reforms, defeated their official Communist Party rivals in Moscow and Leningrad in Sunday's second round of the Soviet legislative poll, according to official results published yesterday. AFP
        AFP  -  43 words
      • Article
        Lock icon Georgia riots leave 30 dead
        44 20 AFP SOVIET troops armed with clubs, dispersed "several thousand" students demonstrating yesterday outside the university in Tbilisi, capital of Soviet Georgia, where up to 30 people were killed in clashes since Sunday demanding independence for the republic of Georgia.
        AFP  -  44 words
    • Article
      Telok Ayer Market receives better bids
      481 20  -  Tenders range from $330,000 to $2.2 m By SUZANNE SOH BETTER PRICES and stronger interest that's what the Singapore Tourist Promotion Board received when tenders for the Telok Ayer Market closed the second time around. Tender prices ranged from minimum guarantees of $330,000 to
      481 words
    • Article
      Lock icon Foreign banks to buy 25pc of Chinese bank
      167 20 AFP THE Asian Development Bank (ADB) and two foreign banks plan to invest HK$l4O million (US$lB million) to acquire 25 per cent of China's only joint-venture bank. Shunji Nishida, deputy general manager of the Hongkong branch of Long-Term Credit Bank of Japan
      AFP  -  167 words
    • Article
      Lock icon Comex gold
      95 20 Reuter COMEX GOLD FUTURES recovered on small lot buying early yesterday after an early spike to new contract lows lacked further selling interest. In a thin market, June gold steadied at U*****.40 an ounce with a net loss of US$l.6O, up from a low of U*****.30 that nudged
      Reuter  -  95 words
    • Article
      Lock icon Seoul-Pyongyang meeting to go ahead
      121 20 AP DESPITE controversy over a dissident's illegal trip to North Korea, South Korea has decided to attend scheduled political talks with the communist north in Panmunjom tomorrow, ViceUnification Minister Song Han-Ho said in Seoul yesterday. The decision followed local press reports that the government was
      AP  -  121 words
    • Article
      Lock icon Japan rejected Indian request for loan, says paper
      227 20 UPI JAPAN has rejected an Indian request for a "massive special loan" and suggested that New Delhi ask the International Monetary Fund for help to overcome a cash shortage aggravated by a widening trade deficit, a news report said yesterday. A Japanese
      UPI  -  227 words
    • Article
      Lock icon S Korea postpones mission to USSR
      237 20 AP A MAJOR South Korean private economic organisation has abruptly postponed plans to send a delegation to the Soviet Union amid indications that South Korea is slowing its approach to communist nations, industry officials said yesterday. The Federation of Korean Industries, an organisation of
      AP  -  237 words
    • Article
      Lock icon Lange stands firm against threat by airline to quit NZ
      241 20 Reuter NEW ZEALAND Prime Minister David Lange yesterday stood firm against a threat by Australian airline Ansett to shut down its entire New Zealand operation within days. "The government will go as far as it can in the interests of
      Reuter  -  241 words
    • Article
      Lock icon US to give Jakarta aid in the form of grants
      129 20 Reuter THE US will provide all future bilateral development assistance to Indonesia in the form of grants rather than concessional loans. The change includes US$55 million due to be provided under existing projects but does not affect Public Law (PL)
      Reuter  -  129 words
    • Article
      Lock icon Canberra offering tax cuts ahead of polls
      431 20 AFP TREASURER Paul Keating is expected to fire the government's opening salvo tomorrow for an early general election by announcing long-promised tax cuts for most Australians. The government of Prime Minister Bob Hawke is counting on the tax cuts, part of a trade-off
      AFP  -  431 words
    • Article
      Lock icon Opposition may block Takeshita's Asean tour
      420 20 Agencies OPPOSITION PARTIES in Japan yesterday threatened to block an upcoming Asean tour by Prime Minister Noboru Takeshita unless he is cleared of any signs of corruption in the widening Recruit stock scandal. Mr Takeshita had earlier agreed to submit to three hours of
      Agencies  -  420 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      350 15 CURRENCY INVESTMENT AMERICAN I XI'RI ss HANK TEL: 321 3333 Institute cf Gatlfied Bifalic Accountants \/s3"'s AS/ mm,, iM Good training news for non accountants The Certified Diploma in Accounting Finance The Certified Diploma in Accounting and Finance (CDAF) is a unique post-graduate qualification awarded by the Chartered Association of
      350 words
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  • Page 18 Advertisements
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      326 18 NOTICES In the Matter of The Companies Act, Cap. 50 and In the Matter of V C ENTERPRISES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court #04-15, Singapore 0617 on Monday, the 10th day of
      326 words
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      Page 18 Advertisements Column 2
      422 18 MULTISCOPt PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap SO the Final Meeting of Members of the Company will be held on Thursday 11th May. 1959 at 1100 am
      422 words
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      Page 18 Advertisements Column 3
      3 18 CHARTPOINT EVERY SATURDAY
      3 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      61 20 For the life of your back. Comfortable elegance. Innovative design. Crafted Dauphin office chairs. Chairs specifically designed for different functional purposes like waitN mg. supervising, typing at i computer terminal or V >nference seating Backrests give you mbar support while airs adjust for ImmK preferred height Hflfnclinalion Dauphin Engineered for
      61 words
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      Page 20 Advertisements Column 2
      577 20 3J2 551 M (1) Inventory Skills Workshop Singapore, May 29 31,1989 Fee: SsBoo SIM members/Ss9so non-members Objectives To upgrade the skills level of participants in the techniques of inventory management To achieve measurable money savings through the application of effective inventory management techniques Key Topics The Concepts of Inventory Management
      577 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Shipbuilding permits fall
        96 21 Reuter THE Japanese Transport Ministry issued 17 shipbuilding permits totalling 291,799 gross registered tons (grt) in March, down from 19 of 526,160 grt in February. This compares with eight ships of 261,550 grt in March 1988. Permits issued in the year ended March 31. 1989, totalled 189
        Reuter  -  96 words
      • Article
        Lock icon Salvors refloat Oceanview
        60 21 Reuter THE Cyprus vessel Oceanview was refloated in the Greek port of Kalamata but stopped from sailing after damaging two fishing vessels which sank, Lloyds Shipping Information Service said. Port authorities prohibited the 7,476 dwt Oceanview from sailing and it was at Kalamata quay, Lloyds said. The
        Reuter  -  60 words
      • Article
        Lock icon BC seeks joint tanker plan
        82 21 Reuter THE British Columbia government plans to join with Washington State to regulate oil tanker traffic on North America's west coast. BC Premier William Vander Zalm said he will address the Washington State legislature Tuesday to seek that state's assistance in the proposal. Vander Zalm
        Reuter  -  82 words
      • Article
        "K" Line bounces back
        118 21 JAPANESE shipowner Kawasaki Kisen Kaisha has bounced back into profit for 1988-89 and is optimistic of further gains in the new financial year. The company is expected to report a one billion yen profit for the year ending March 31, 1989, compared with a 2.6 billion
        118 words
      • Article
        Hanjin, LB port to build terminal
        97 21 HANJIN Shipping and the Port of Long Beach have agreed to construct a new US$5B.5 million container terminal. Sited on 48.5 acres which was formerly occupied by a Procter Gamble manufacturing plant, the facility is scheduled to complete sometime in November 1990. Mr Raymond
        97 words
    • Article
      Lock icon Nine Japanese ports remain paralysed
      335 21 Reuter MOVEMENT at all nine of Japan's container ports remains paralysed as a dockworkers strike enters its fifth day, shipping industry sources said. The indefinite container yard blockade by the nation's 50,000 dockworkers which began on Thursday is affecting the ports of Tokyo, Yokohama, Shimizu,
      Reuter  -  335 words
    • Article
      Index to advertisers
      719 21 AB Shpg VII ABC Containerize XI Accord Shpg VIII Arrow lines XI ANl III A PC line VII API V ASCI V Austrasio line VII Bait Canada line IX Bolt-Orient line IX Baltic Orient Shpg XI Bangladesh Shpg VII Bank line VII BBS IV Ben line Coot
      719 words
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      ZIM to order three more vessels
      175 21 ZIM Navigation has decided to exercise options on three more vessels on top of previous orders for four newbuildings to be slotted into the United States/Far East/Mediterranean trade The company now has seven 2.700 TEU ships on order from a West German yard at
      175 words
    • Article
      NOL adds Taichung as regular port of call
      249 21  -  JEAN FOONG NEPTUNE Orient Lines will include Taichung as a regular port of call in its Singapore/Taiwan/Hongkong service from April 24. Two 1,500-TEU sister ships, each sailing at a service speed of 17.5 knots, will enable the extra call without any change
      249 words
    • Article, Illustration
      Penang announces measures to cope with demand
      378 21  -  Throughput expected to increase by 21 pc this year By G DURAIRAJ FACEO with an unexpected surge in container traffic, Penang Port has announced contingency plans and a series of short and long-term measures to cope with the demand for its facilities. For
      378 words
    • Article
      Lock icon Examination off worst oil spill reveals greed and neglect
      1225 22 As investigators look for reasons for the Exxon Va/c/ez accident, the Associated Press traces blame for the nation's worst oil spill back to the *****, when officials began dismantling the very plan meant to prevent such a disaster. The story, reported
      AP  -  1,225 words
    • Article, Illustration
      Lock icon Oil glop likely to be sold to pave highways
      211 22 AP Thousands of litres of crude oil glop scooped up from Prince William Sound are being loaded onto barges and could eventually be sold and even used to pave highways. Exxon said. As operations enter their third week, workers have recovered
      AP  -  211 words
    • Article, Illustration
      Far East Trade Press publishes comprehensive port guide
      246 22 FAR EAST Trade Press (FETP) Business Publications has published Singapore Port Services Index (SPSI) a comprehensive guide to the local port, marine and shipping industries. This third edition of SPSI contains the latest information of port facilities and services shipyards, shipowners and
      246 words
    • Article
      Who acts for whom ...
      2193 22 Who acts for whom A —B A 8 Shipping Boustead Shpg Agencies (S) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepter Ocean us Shipping Agency (S)/Multiporl Sdn Bhd (PK) Alltrans Ailtrans Express (S). American President
      2,193 words
    • Article
      Lock icon FEFC suspends activities of its neutral body
      420 23 Conference to cope with industry needs in 1990s Lloyd s List THE Far Eastern Freight Conference (FEFC) has suspended the activities of its neutral body as part of a strategy to reorganise the overall tariff structure. Instead of policing tariffs, the neutral body
      Lloyd s List  -  420 words
    • Article
      London Freights
      736 23 THE DRY cargo market on Friday was fairly quiet, although brokers noted a sharp advance in freight futures in anticipation of demand for tonnage from the Soviet Union and China after grain purchases from the US recently. However, such fixing has yet to be seen. The Baltic Freight
      736 words
    • Article
      Lock icon Tanker rates
      137 23 AFP SHIPOWNERS found it difficult to maintain previously established levels over the past week on the tanker market. London brokers E A Gibson said in their latest report. Activity decreased in the Mid-dle-East Gulf, where only 10 VLCCs and ULCCs were fixed. Even when business was concluded at
      AFP  -  137 words
    • Article
      SHIPPING LIST where your ships are due... and when
      5753 30 AANHUS Ville de Venus. CM OAtfretemeni April 12 Laust Maersk. Maersk Line, April 13 Ever General. Evergreen. April 13. Cily of Edinburgh, Triot. April I3(PK). Chun He. China Ocean Shpg. April 13 Ming Progress. Yang Ming. April 16 B Suria. ScanOutchf.
      5,753 words
    • Article
      Lock icon Sea-air shipments at Taiwan stagnating
      373 32 Cargonews Asia AFTER growing rapidly last year, Taiwan's sea-air shipments are stagnating, largely because of heavy traffic at the main transit point, Singapore. With some shipments having to be trucked to Kuala Lumpur after arrival in Singapore, many local shippers are resorting to either sea
      Cargonews Asia  -  373 words
    • Article
      SHIPS IN PORT
      1386 32 AT CONVENTIONAL WHARVES VhmI Berth Arrival Departure KEPPEL WHARVES Yuheng 2 KM alongside 13 04/0600 Dade K35 alongside 1204/1500 Kota Alam K31 alongside 12.04/1830 Koto Solam K32 alongside 1604/0600 April Glory KI8 alongside 1104/1800 Kap Silin K36 alongside 11 04/1800 Kim Soon ti K22 alongside II 04/0400
      1,386 words
    • Article
      Lock icon Sea Containers raises holding to thwart Stena
      285 32 Lloyd's List SEA CONTAINERS and subsidiary companies now control a defensive holding of just under 20 per cent of the shipping group, which is under threat from Sweden's Stena. Following a fresh bout of purchases, two of Sea Containers' subsidiaries now own 1.3
      Lloyd's List  -  285 words
    • Article
      Shipping events
      292 32 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
      292 words
  • Page 21 Advertisements
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      21 21 <v TIMES STP Distributors Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      21 words
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      Page 21 Advertisements Column 2
      145 21 \SO^. TIMES STP Distributors Their Bookings For Course Placings Overflowetli... •is m LVi i IV ft 1 m ws i\ m v Vi 2i& 9 m <z •si <2 SI 3 ip .1 4 y// A 5T 3 M fr V H V. ft 1 Shipping Times has proven its
      145 words
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      Page 21 Advertisements Column 3
      121 21 More scrutiny The course for doom steered on Good Friday morning by the Exxon Valdez, with a liquored captain on board and an uncertified third mate in command, was charted years before when restrictions were relaxed. PAGE II FEFC revamps tariff structure THE Far Eastern Freight Conference (FEFC) has suspended
      121 words
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      143 22 NOTICES FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND BED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:PORT
      143 words
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      Page 22 Advertisements Column 2
      66 22 f M.V. "TANJUNG PINANG VOY. 1 ARRIVED SINGAPORE 2.4.88 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a General Survey will be held on the 12th April 1989 (Tuesday) at Keppel Wharves Kl9 from 0900 hours 1200 hours. No further survey will be entertained thereafter.
      66 words
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      729 23 JAROINE SHIPPING ACINCIES 200 Cantonmw* Road ***** Soumpont, Sw*apo)« (SOI r«t 221»ll TlliX NO RS ***** TERMINAL/CFS T«i 320Q2U 220 BOOKINGS Td *****)4 235 PCSAKA J All 04 NC SKIPPING AttNCICS SON SMO PORT KCUN6 TIL: *****11 Ttkt No MA*****/MA***** PfNANC TIL *****4 TELEX NO MA***** CFS TEL *****6 PGUOANG
      729 words
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      Page 23 Advertisements Column 2
      800 23 This wee* Mckinney M Closing Time CY 10/4 2300 HRS CFS 10/4 1300 HRS Feeder by M Kobe A M Tauro MCKINNEY M LEOA M LICA M MARIT M MARC HEN M LEISE M LOUIS M 8904 In Pi 12/4 8904 18/4 19/4 8904 25/4 26/4 8904 2/5 3/5 8906
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  • Page 24 Advertisements
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      672 24 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON ALASKA MARU CITY OF EDINBURGH LARGS BAY BONN EXPRESS BENCAIRN LONDON EXPRESS HAMBURG EXPRESS LA SEINE HAMBURG BREMERHAVEN 6/5 ROTTERDAM/ ANTWERP LE HAVRE 9/5 ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO. HELSINKI, OSLO, AMSTERDAM, CARIBBEAN
      672 words
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      Page 24 Advertisements Column 2
      446 24 V r o COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HamBURG-SUD) EXP*£SS S€A%-COT*l€P S£PVKE tq TAMAITAI SAMOA V-15N FORTHBANK V24N IVYBANK V-24N ROM/A DAM HBG HULL (U.K.) »(5 24/5 m 15/6 19/6 22/6 11/2 IS/7 11/7 •I'jilLMi;: 'II'IJJ.JJAI! 1 ll frir M (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COLUMBUS NIUGINI VSS
      446 words
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      Page 24 Advertisements Column 3
      1082 24 QJ VZ3 _S2 TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE NORASIA SAMANTHA V 8905-3 17/4 WOENSDRECHT V 8906-3 2S/4 NORASIA MUBARAK V 8907-3 2/5 NORASIA AL MANSOORAH VB9OB-3 9/5 (VIA FEEDER) PKL 18/4 26/4 3/5 10/5 Anterp via Rotterdam Brefnen via Hamburg TO MEDITERRANEAN (VIA FEEDER) PEN PKL SIN PIR
      1,082 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1134 25 Steamers Maritime Holdings Ltd P&O FiACont Containers CONTAINER SERVICE TO UK/CONTINENT Also Accepting Cargo For: Hamburg lo Copenhagen Aarhus Gothenburg. Hal mo. Stockholm. Helsinki. Sonderburg Rotterdam to Antwerp. Amsterdam. Oslo. Basle. Zurich Bremenhaven to Bremen Southampton to all UK destinations. Belfast and Dublin CONTAINERSHIP SERVICE FROM UK/CONTINENT Sailed Sailed LONDON
      1,134 words
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      Page 25 Advertisements Column 2
      1182 25 Ia.CHO YANG LINE WESTBOUND CHOYANG CHANCE 41W HANJIN MASAN 048W HANJIN LEHAVRE 001* QUEEN'S WAY BRIDGE 08W WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE EASTBOUND Also accepting for Inland UK destinations Antwerp and Scandanavian ports. Ldg for HK/KAO/KOBE/YOKO/BUSAN PMG FIOTA MERCANTE GRANCOLOMBIANA, NAfIONAL VIM 0« COvOMS'A To Buenaventura/Barranquilla/Santa Marta/Cartagena/
      1,182 words
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      Page 25 Advertisements Column 3
      111 25 c~h-> EAST MALAYSIA SNIPPING INT. (PTE) LTD 41-A AHOY STREET, S PORE 0106 TEL: *****18 <4 LINES) TELEX NO EMVES RS2S3H SINGAPORE TO SARAWAK A BRUNEI VESSEL VOY ETA ETO SRI LIKU 7/89 MIRI/K BELAIT 12/4 13/4 Rccctvtnf cargo at W (PSA Marina Mud) from Monday to Saturday. (MARINA WHARF
      111 words
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      Page 25 Advertisements Column 4
      359 25 Hai Sun Hup Co (Pts>) TEL *****06 (20 Lines) TLX RS22, ip s". fc. i -\V[ tR\ < -\{< L: L STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! ESSEL VOY. NO S'pore P. Kelang Penang Hong Kong Yokohama Nagoya Osaka Sen bolt u Moji Tomakomai •For Discharging Only
      359 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      592 26 'ASINOSE MARITIME PTE LTD ISUkMfC R«PUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE Singapore Loading for IRAN MEEAD PJL69I Eta 18/4 BANDAR ABBAS KYOWA LINE HJTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V .36 KYOWA VIOLET V 25 HK LOAO FOR: 29/4 VILA. NUM. LTK, SUVA. PAGO. ARIA TVS GUAM, SAIPAN,
      592 words
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      Page 26 Advertisements Column 2
      586 26 (jt) HANJIN SHIPPING CO., LTD. Y CONTAINERISED SERVICE FROM EUROPE VIA SUEZ QUEENS WAY BRIDGE 07E CHOYANC PARK Oil HANJIN OAKLAND 01E CHOYANC SUCCESS 02E U Havrtß'dam H'burf 22/3 23/3 24/3 29/3 30/3 31/3 V* 6/4 12/4 13/4 14/4 B hjvwi fitow* 26 3 21 3 2/4 3/4 9/4 10/4
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      Page 26 Advertisements Column 3
      227 26 INTEROCEAN LINE 78, 2nd Floor, Jalan 2/71, Taman Tun Dr. lamall. ***** KL. Tal: *****34, ******4, 71*7220 TLX. HO. MA-***** FAX: 03-*****11 Panang Off: Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS AUSTRALIA UK/EUROPE LOADING FOR SYD. MELfif, ADE. BRIS. FREM LE HVE. HBG, BREMEN. R DAM. GENOA. ANTWERP.
      227 words
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      Page 26 Advertisements Column 4
      1140 26 EVERGREEN Full Container Service (ound-The-World East Bound (FE/CARIB/USEC/EURO/FE) UM u*» u" n/M nl SL LHV «K ia«u wau iIK X.2! 5B 26/04 26*4 01/05 2MB 06 06 07/06 0606 MM 1106 ***** x<u J!2! mat nlmJ OS®5 0005 02,'06 13/06 14/06 15*6 g Ofc 6<* 4*37 26*4 27/ M 02/05
      1,140 words
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      Page 27 Advertisements Column 1
      776 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES BUS 30/4 20/5 30/S ACCEPTING MURURAN/TOMAKOMAI/HITACHI CARGO VIA HKG JAKARTA BANGKOK VESSEL HAI HUI JENLINK JARU BHUM KOTA MAWAR SIRI BHUM PIYA BHUM VOY 24N 102N 32N 24N 406N 172* SIN 13/4 13/4 IS/4 17/4
      776 words
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      Page 27 Advertisements Column 2
      255 27 NORBUL ULIN'Jy/ funnnULK CARGO SERVICES IUOnaULK CARGO SERVICES LTD. it S REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK CONTINEN T POP T S SPORE MARATHON UNITED AGENCY PTE LTD TEL 222*3 M KUPK: S P YEO SHPQ ft TRDO KL: 7M9M4 PK MMIOI SABAH TRANSPAC KK TEL: 594W/*****8 BREAKBULK
      255 words
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      Page 27 Advertisements Column 3
      328 27 a. BEN LINE CONTAINERS TASMAN ASIA SHIPPING NEW CALEDBNIA, FIJI AND SIN MAIN LINE (TS) HKC NOUMEA SUVA AKL NAP TIM IS/4 TA. VOYAGER IS 23/4 15/5 19 5 22/5 2Sft 28/4 TA. NAVIGATOR V3S 5/5 1/8 4/6 7/6 11/6 13/5 TA. EXPLORER IS 20/5 15/6 19/6 22/6 26/6 FROM
      328 words
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      Page 27 Advertisements Column 4
      655 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYO P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY MATARAM23WB KUTAI/17WB S. PANJANG/22 WB ANTWERP H'BURG/ RDAM/AOAM BREMEN 17/5 22/5 13/7 18/7 24/7 27/7 Subpart to lnduc*m«nt. Also icctpdng cargo to Casablanca, Port
      655 words
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      Page 27 Advertisements Column 5
      324 27 BOUSTEAD SHIPPING AGENCIES PAGAN VI4OW HTONEYWA V246W PA AN VI37W BURMA FIVE STAR V shipping cnwaiunnM (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok 12/13 Apr 15/ it Apr BANK UNE NORTHBOUND TO UKC SPORE ROAM HMBG HULL TAMATAI SAMOA VISN 23/4 20/5 24/5 10/6 FORTHBANK V24N
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      Page 28 Advertisements Column 1
      539 28 Lkl KAWASAKI KIShN KAISHA. LTD. K LINt AMcRICA-ATLi lERICA PACCI iM Mll« ifi WTJTjTI tit. IMPORT JRG BREM ROAM 21/3 22/3 28/3 29/3 an 11/4 12/4 A!', H AS AGENTS KAWASAKI SINGAPORE (PTE) LTD TE_: 22*89" ""ELEX. KAWAKi RS ***** PAX *****79 MALAYSIA HARPER WIRA SDN BHD TEL PJ *****22
      539 words
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      Page 28 Advertisements Column 2
      59 28 4*, r. ft 4\ I'R GOLDENWAY MARITIME SDN. BHD. ETA ETD Loading Fof SWEE ANN SATU V 5/89 In Pt 6/4 Kuch.ng/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, Lorong Cempening, off, Jin. Berangan. Port Klang, 42t80. Selangor Tel: *****80. *****84 A
      59 words
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      Page 28 Advertisements Column 3
      594 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Keiang Penan, load** tor: *<*her Wsl By Feeder By Feeder KALIOAS V.C 13 May 7 May 7 May rrem«Mt/Sfdn/A(M TULSIDAS W. 41 J1 May 25 May 25 May FrenvMelb/Sydn/Adel KALIDAS V.43 30 tune 24 June ?4 June frem,Melb Sydn Add TULSIDAS
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      Page 28 Advertisements Column 4
      604 28 GOLDEN LINE AIMN OWN SHIPPING (PIE) 110 il, r<«oh Slr«.l MNCAPOfIC 0104 ret f« U4JW (14 LIN(S) Fc M41V04 gsv GOIDCN BEAR Cohwibo/Karacfti/Dubai jstj Aor CHINA SERVICE A VESSEL Huaflfpu/ Slunftui n/n Apr CHiNA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA roc coKvomowAi «via P Kelang Ptfung
      604 words
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      Page 28 Advertisements Column 5
      422 28 JiHiFi'llNU TIMES, Tuesday, April 11, 1989 PHILI-ORIENT LINES PTE LTD HEAD OFFICE: 63 ROBINSON ROAD #07-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX: RS ***** PHILI FAX: *****76 EAST/FA* EAST FCt iLCL »VKE ETA SINGAPORE! DESTINATION DUBAI. OAMMAN KUWAIT DOHA. MUSCAT BAHRAIN NEW GENLORD |EUT/NBT AFRICA/MB. m > la. ttMg MOMBASA, DARESSALAM
      422 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1522 29 S poie NfPTUNE AGENCIES PTE. 110. Bookings ln«u«J/ fwminal CfS }/2v, V fjWAUSf (PA/SfA Outward *****22 2221A1 2/W9// u 85/43 2/85/42 2/8/844 2/***** 2/***** 2/***** 2/***** EXPORT [HEPTUNE NOL ORIENT LJNES LTD nefiine son bho sara» «/K0 *****3 WWI *****4 M/W? IMPORT 1 a ia -i ''•"■TT.'Mwi.iff"- 1"'!"r--1A ii Ivl
      1,522 words
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      Page 29 Advertisements Column 2
      779 29 Page IX n 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 THONG SHIPPING 127 Penang Street Penang, Malaysia M S HANDLING
      779 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      362 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. HI 225 6868 (.14 lm«i) FAX 22M4:M/?24B'J/6 ItUX HS 20 )88 A/8 SSCMA. US /'»)8') A/H SSCAI) DSR-LIMES VEB OEUTFRACHT SeeREEOeRE! R03 T OCX i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT ROM HBG RST
      362 words
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      Page 30 Advertisements Column 2
      111 30 T.S.K. lime: WtEKLY CONTAINERISCO S£«VIC6 WITH fIXEO OAY ARRIVAL EXPORTS TO TAIWAN ft JAPAN aaaaaaaua mmgQmgQmgggi^Qfl CONTINENT V2O ASIA ACE V 3» KABUKI V2O HERMES ACE V7O HAKUSAN II V 5 CONTINENT V2l KABUKI 21 IMPORTS FROM JAPAN ft TAIWAN KABUKI V2O HERMES ACE V2O HAKUSAN II V 5 CONTINENT
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      155 30 a Regional Weather <r Si K i K i I S,« 3$ S8 ft 'I SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JOA.M. April 11, 1989 W«d direction with speed m knots Wave height lEGENO R Thunderstorm Temperature c X\ V Shower Weothef Wmd direction with speed m knots Ran U
      155 words
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      Page 31 Advertisements Column 1
      913 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 01 IRAQI LINE I*4o' S'lTf fNTMMISt I 0« a AHfTIMf T»II|J»O<T EAST BOUND SERVICE ETA S PORE LOADING FOR MV AIWASITTI 15/4 S. Korea, Japan THROUGH B/Ls to BAGHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHOAO REEFER SPACE
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      Page 31 Advertisements Column 2
      574 31 SIGMA EXPRESS |S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) FAX *****75 TLX: RS ***** SHIP TEL: *****44 (6 Lines) ACCEPTING CARGOES FOR: COLOMBO HONGKONG BUSAN TOKYO KEELUNG MUARA/LABUAN/KK KUCHING/SIBU BANGKOK KOBE/NAGOYA YOKOHAMA BOMBAY LE HAVRE/HAMBURG FELIXSTOWE/R'DAM MANILA FREMANTLE ADELAIDE ENQUIRIES ACCEPTED FOR OTHER 15/4 15/4 13/4 17/4 13/4 16/4 14/4 13/4
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      Page 31 Advertisements Column 3
      252 31 BALTIC ORIENT SHIPPING PTE LTD. AY OF BENGAL SERVICE A. GONCHAROV 06S/89 9/4 14/4 16/4 SUSAK UN 11/4 17/4 24/4 LEUVE 02W 17/4 21/4 22/4 24/4 BM TOM AS VOUEC/821/4 3/5 6/5 TIGER BAY UN 30-1/5 7-4/5 LEUVE Q2EO3W 2/5 7/5 9/5 SUSAK (4N 9/5 15-16/5 19/5 L YAMBURENKO A
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      82 31 rage AI d&FARGO SHIPPING TeI:SS4 018S r. REGULAR EXPRESS FCL& LCL SERVICE m SEAXm EE r.o CONTAINERLINE TOKYO, KOBE, BUSAN (FCL ONLY) KARACHI, BOMBAY. COLOMBO (FCL ONLY) WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ELLEN HUDIG222 ETA 20/4/89 Only 7 days to Fremantle! Only 12 days
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      Page 32 Advertisements Column 1
      223 32 3 TMSC ft m is 5j TIENTSIN MARINE SHIPPING COMPANY XIN6ANG DIRECT mv Sky Hover Voy. 2/NB ETA S'pore 12/15 Apr Accepting heavy lift upto 80 Ts KYC Line (S) Pte Ltd Tel: *****55 Fax: *****27 RS ***** Expeditors International g (Pac-Bridge Shipping) U.S.A. Twice Weekly LCL/FCL Services To/Fro W
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      Page 32 Advertisements Column 2
      469 32 •X f* CALL US AT: P. KCLANG PENANG i. BAHRU P GUDANG SINGAPORE K. LUMPUR 3685/53/368/111 04 *****2/4, 62/293 0/-*****8 07-*****3, 5113/5, *****0, 5133/1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANC Ml P KELANG UN MOTHER VSL 8 SURIA SELANDIA TOYAMA I D BUI
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