The Business Times, 20 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 28, IK9 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    267 1 Dow up WALL STREET stocks were directionless yesterday after Tuesday's sharp gains, with blue chips slightly firmer and the broader market lower, brokers said. Higher oil prices and lower bonds weighed on share prices. The Dow Jones Industrials was up two at 2381, after gaining 42 to
    267 words
  • Article, Illustration
    Wall Street gain boosts Asian shares
    239 1 REGIONAL MARKETS yesterday generally responded positively to Wall Street's overnight 41.6-point gain, which was powered by a US March Consumer Price Index that pushed aside concerns of rising inflation. But in Singapore the market turned in a lacklustre performance for the second day in
    239 words
  • Article
    Lock icon Seoul's surplus takes a dip
    98 1 AP SOUTH KOREA'S trade surplus with the United States fell to US$53O million in March from US$69O million a year earlier, the US customs administration reported yesterday. The bilateral surplus between January and March also shrank to US$l.2 billion from US$l.9B billion a year earlier.
    AP  -  98 words
  • Article
    Lock icon OECD should admit Tour Tigers' of Asia: congressional panel
    255 1 AFP THE ORGANISATION for Economic Cooperation and Development (OECD) should begin talks to consider admitting South Korea, Taiwan, Hongkong and Singapore. a US congressional panel has recommended. The proposal was unanimously passed on Tuesday by the House of Representatives' Subcommittee on
    AFP  -  255 words
  • Article
    Abacus pips Fantasia for another coup
    466 1  -  Royal Brunei opts for Singapore-based CRS By JOHN TAN FANTASIA, the Qantas-backed computer reservation system (CRS), yesterday used a major travel trade conference as a launching pad but its move was somewhat overshadowed by news that its rival, the Singapore Airlines-backed Abacus system, has
    466 words
  • Article
    Avant not selling Glass Hotel to Sol
    197 1 DISCUSSIONS between a family company of Mr Ong Beng Seng and the Spanish hotel-manage-ment chain Sol over the sale of the Glass Hotel have terminated. Yesterday, Mr Robert Quek told BT that Avant Hotels Singapore (AHS), the owner of the hotel, was not
    197 words
  • Article
    MCA to investigate claims of MPHB insider trading
    357 1 THE CONTROVERSIAL takeover of Multi-Purpose Holdings Bhd (MPHB), the investment arm of the Malaysian Chinese Association (MCA), has taken on a new dimension. There are now allegations of insider dealings in the company's shares prior to the takeover announcement. MCA, which is
    357 words
  • Article
    Lock icon 'US considering trade sanctions against Japan'
    164 1 Reuter, AFP US COMMERCE Secretary Robert Mosbacher said in Dallas yesterday that the Bush administration is considering imposing trade sanctions against Japan because Japan has failed to open its markets sufficiently to US goods. In answer to a question. Mr Mosbacher said the timing
    Reuter,; AFP  -  164 words
  • Article
    Room for expanding 10-nation core group: Hawke envoy
    260 1  -  By JOHN THOMAS THE AUSTRALIAN proposal for an economic forum of East Asian countries could expand across the Pacific to cover more than the 10 nations Australian Prime Minister Bob Hawke originally targeted. The "core group" envisaged by Mr Hawke comprises Japan,
    260 words
  • Article
    Govt willing to help larger local companies become MNCs: BG Lee
    485 1  -  By JEFFREY TSANG A FEW OF the larger local companies have the potential to become multinational corporations and the government is willing to help them achieve that, said the Minister for Trade and Industry It was even prepared to
    485 words
  • Article
    Lock icon Low interest loans for Indons to stay
    102 1 Bernama PRESIDENT Suharto has rejected the advice of his officials and has instructed that low interest loans should be continued to farmers and fishermen without collateral. The officials have advised that collateral from borrowers is a way of dealing with the problem of
    Bernama  -  102 words
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      68 1 AW? rßurberrys 5 W,CB d J V I j Reigns when it pours FOR THE SMOOTHEST SHAVE, NOTHING COMES CLOSE TOABRAUN. '3&£ Z Jkft M n mm a, "8 Platinum plated foil with or without cord 1 hour quick charge Charges from 12V to 240 V —BRflun WfSTGFRMAN/ fiy ARank
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      210 1 Full report, PAGE 18 Regional mkts, PAGE 20 World mkts, PAGE 21 mmmm Editorial Comment: 12 MPHB takeover: the bottom line Australia 12 Upset about foreign investments One Man's View 12 Perceptions of Asean unity Changi airport 2 Govt funding to stop after Phase 2 Talent hunt 3 Wooing the
      210 words
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      3 1 Leader, PAGE 12
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      96 1 <>! Switzerland BALLY SO P.irtell So' l Pte Lid Sheng-Li restructured and given new corporate WentMy, BACK PAGE I ejuj 5 Tl Jaii*-—-r <*>> HmMP it- r- DINING ON TOP-OF-THE-WORLD Join us at the top. Enjoy the best Beijing cuisines specially prepared by our master chef. All yours to savour,
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  • HOME NEWS
    • Article, Illustration
      Govt funding for airport to stop after phase two
      436 2  -  By SUZANNE SOH CHANGI AIRPORT has been chalking up a $100 million operating surplus every year since 1984 when it was converted into a statutory board. This surplus would come in handy when the Civil Aviation Authority of Singapore decides to
      436 words
    • Article, Illustration
      Public, private sector coordination vital
      464 2  -  By JOCELYN TOH THERE SHOULD be more coordination and cooperation between governments and the private sector to meet the needs of a buoyant tourist industry. Such an observation was made by Chatrachai Bunya-An-anta, executive vice-president of Thai Airways International, and Neil Plimmer, general manager of
      464 words
    • Article
      Orient Express won't be coming this way yet
      342 2 TRAVELLERS hoping to ride on the Orient Express between Bangkok and Singapore will have to wait a couple of years more. Hermann Jenny, president of the Orient-Express Hotels Inc. said the service will only be chugging in in 1992, a delay of
      342 words
    • Article
      S'pore to get share of air traffic growth
      268 2  -  By JAYARAM MENON SINGAPORE is well-placed to have a share of the robust growth in air traffic, both in passengers and freight, said the Minister of Communications and Information, Or Yeo Ning Hong, yesterday. Dr Yeo, who was speaking at the opening
      268 words
    • Article
      Airlines offering more flights to meet demand
      240 2 MORE AIRLINES are either increasing the frequency of their flights or starting new routes from Singapore to meet the demand for more seats. Singapore's location and open air policy has meant it is relatively easier for airlines to operate from Singapore, sources said.
      240 words
    • Article
      Dynamar Holdings anticipates 70pc rise in turnover
      180 3 THE LARGEST distributor of electronic components and parts in South-east Asia, Dynamar Holdings, expects a 70 per cent jump in turnover to $35 million this year compared with last year's figure. Patrick Ng, the managing director of Dynamar, told BT yesterday during the
      180 words
    • Article
      Out-patient fees re-classified from today
      126 3 FROM TODAY, all out-patients referred to specific consultants in government hospitals will be classified as Class A patients and will pay consultation fees at Class A rates. On the other hand, those who are not referred to any specific consultant will be considered subsidised patients,
      126 words
    • Article
      Nixdorf revenue from Asia-Pacific up 35pc
      295 3 WEST GERMAN computer giant Nixdorf Computer AG may have recorded only a 5 per cent rise in its 1988 revenue worldwide, but in the Asia-Pacific region, the jump was 35 per cent. Bernd Kannapee, the senior vice-president (overseas) of Nixdorf Computer AG, told BT
      295 words
    • Article
      Subscribers of radio pagers will soon receive voice messages
      262 3 USERS of radio pagers will be able to receive voice messages in the middle of the year. Telecom s president and chief executive officer Wong Hung Khim said the new facility would add a new dimension to the paging service. Mr
      262 words
    • Article
      SIA investing $1m in special modification to test cell
      312 3  -  By MARTIN SOONG SINGAPORE AIRLINES has invested $1 million in special tooling and modifications to an existing aeroengine test cell in order to repair and service Pratt Whitney Canada auxiliary power units (APUs) of its new Boeing 747-400 ultra long-range jumbos.
      312 words
    • Article
      Two trips made to woo back talent from US
      620 3  -  By ANNA TEO A SINGAPORE career fair of sorts was staged across North America last month as the Republic made a concerted effort to woo Singapore graduates home and at the same time draw Asian graduates to work here. The Economic
      620 words
    • Article
      DBS raises fixed deposit rates
      153 3 DBS BANK, in an apparent response to recent interest rate hikes by major banks, has raised its fixed deposit rates again after adjusting them only 10 days ago. From today, the fixed deposit rates for placement periods of one. two. three, 12 and 24 months
      153 words
    • Article
      Facelift for POSB Woodlands branch
      119 3 THE POST OFFICE Savings Bank will be closing its Woodlands Central branch for renovation from April 24. But the three automated teller machines at the branch will continue to operate. The branch will re-open in July this year. Meanwhile, savings and current account holders will
      119 words
    • Article
      Pan Pacific to benefit from link with Emerald Hotels
      232 3 PAN PACIFIC Hotel Singapore is likely to enjoy a larger share of the North American market following the formal amalgamation of Pan Pacific Hotels and Emerald Hotels on May 1. From this month, the two hotel groups both operated by Tokyu
      232 words
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      152 3 Your products are at home in markets worldwide. So are we. >W. V*. X. .-'re* The successful introduction of products to worldwide markets requires a bank with international resources. Deutsche Bank, with offices in more than 40 countries around the globe, is such a bank. First-hand information, international know-how and
      152 words
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      Page 3 Advertisements Column 2
      262 3 They re also found in tke canyons of Wall Street. »*B\ u Vf A < I It < a f r vk 1 J2 i za 4 •L I m "f; I vt up#}lf ft' :SI f 2 sr;' '■sid r v *S* iv>4 f r* 3*i>< /< a IT
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  • ASIA-PACIFIC
    • Article
      Lock icon Japan fearful of trade retaliation, says US
      366 4 Uno wants early meeting with Baker Reuter THE US State Department said on Tuesday that it had not yet received a request from Japan for urgent talks on what are seen as worsening trade relations. Japanese Foreign Minister Sosuke Uno told Japanese reporters
      Reuter  -  366 words
    • Article
      Lock icon JAL buys device to detect plastic bombs
      305 4 AFP JAPAN AIR LINES (JAL) has bought a new type of X-ray device able to detect plastic explosives concealed in luggage, an authoritative industry magazine reported on Monday. The device, the 101-ZZ backscatter X-ray system, is produced by American Science and Engineering Inc,
      AFP  -  305 words
    • Article
      Lock icon Two factors that cloud Philippine economy
      216 4 AFP FOREIGN INTEREST RATES and the performance of major trading partners could threaten the growth of the Philippine economy this year, the central bank said in its annual report released yesterday The bank said gross national product rose by 6.7 per cent last year,
      AFP  -  216 words
    • Article
      Lock icon Victory for supporters of Manila aid plan
      374 4 AP BIPARTISAN supporters of a proposed US$l billion contribution to a foreign aid package for the Philippines won their first Congressional victory on Tuesday. A House of Representatives sub-committee, in a series of voice votes, rejected arguments that the Multilateral Aid Initiative for
      AP  -  374 words
    • Article
      Lock icon 'Wage demands threaten Manila recovery'
      227 4 Reuter WAGE HIKES demanded by Philippine labour unions are threatening the country's economic recovery, the head of the Philippine Employers Confederation warned on Tuesday. President Corazon Aquino will meet workers' leaders today following a threat by labour unions to stage a nationwide strike if demands
      Reuter  -  227 words
    • Article
      Lock icon Rising prices of materials worry Johor surveyors
      303 4 Bernama THE JOHOR BRANCH of the Institution of Surveyors Malaysia (ISM) said on Tuesday that prices for certain building materials had risen lately because of rising demand and called on the government to control the sale of such materials to neighbouring countries. Its
      Bernama  -  303 words
    • Article, Illustration
      Lock icon Khmer Rouge cannot survive if Thailand stops aid: Hun Sen
      509 4 AFP PRIME MINISTER Hun Sen of Cambodia says the communist Khmer Rouge opposing his rule would not survive six months if Thailand withdrew its aid to the group. He also told a business weekly in Bangkok that, in the absence
      AFP  -  509 words
    • Article
      Lock icon Jakarta charges more for timber
      332 4 Reuter INDONESIA said on Tuesday it would make timber companies pay more for chopping down trees and use some of that money to replenish the country's diminishing forests. Forestry Minister Hasjrul Harahap said that from July 1, companies would have to pay US$7 for a
      Reuter  -  332 words
    • Article
      Lock icon Australia more interested in profit, says Burmese opposition leader
      343 4 AFP AUSTRALIA is among several nations which seem to be putting economic interests above democratic concerns in relations with the military regime in Rangoon, opposition leader Aung San Suu Kyi said. Mrs Aung San Suu Kyi, the 43-year-old daughter of Burma's
      AFP  -  343 words
    • Article
      Lock icon Seoul to extend low import tariff rates beyond June
      162 4 UPI SOUTH KOREA, in an effort to stabilise domestic prices of major manufactured products, plans to maintain low import duties on raw materials and increase imports of goods running in short supply, Ministry of Trade and Industry officials said in Seoul
      UPI  -  162 words
    • Article
      Lock icon Tokyo bank may send more buying missions to KL
      162 4 Bernama THE NISHI-NIPPON Bank Ltd may arrange a buying mission from Japan to Malaysia once every three months, said Jihei Murata, its general manager (international department), in Kuala Lumpur on Tuesday. Mr Murata, who is leading a buying mission in Kuala
      Bernama  -  162 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      955 4 ARRIVALS Operator Service Local From number time KAl KE697 0155 SEL TMA TL351R 0430 REY/SHJ/KUL SIA SO 409 0610 MAA IAC •C555 0655 MAA SU SQ407 0740 DEL SIA SQ23 0755 AMS/ZffH SIA SQ4I1 0800 ROM MAS MH646 0850 KUL MAS MH630 0920 KLN. MAS MH653 0920
      955 words
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      148 4 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price changes
      148 words
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      37 4 LONDON Cill your Ta*d Agent or Air Cnudi 7Utsis. A BREATH OF FRESH AIR The bwtow pema's clmm cmy Tueaday. Thursday. Saturday and Sunday. Lea*in| Ckungi Airport at 22M hwn and arming Heathrow cariy tW Mowing awing.
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      36 4 Hta v//ri Mexico City Miami Montreal Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome San Fris'co San Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw Washington
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      51 5 We started off in 1968 with a good idea. This soon led to another. 1 i 1 i Followed by another. And another. And yet another. We didn't stop there. We had another good idea. Then another idea came along. And another. Followed by one more. Then we had a
      51 words
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  • REST OF THE WORLD
    • Article
      Lock icon US inflation at 6.1pc and expected to climb
      548 6 AP Reuter THE FIRST quarter's 6.1 per cent annual inflation rate, coupled with a tall in housing starts, are but the early pieces of more bad news to come in the United States, analysts said yesterday. The latest quarterly figure was the
      AP; Reuter  -  548 words
    • Article
      Lock icon US seeking extradition of Khashoggi from Switzerland
      304 6 Reuter US LEGAL authorities said on Tuesday that they are seeking the extradition from Switzerland of Saudi Arabian arms dealer and financier Adnan Khashoggi to face charges of helping Ferdinand Marcos defraud the Philippines. Mr Khashoggi will face charges that he acted as
      Reuter  -  304 words
    • Article
      Lock icon US senators to oppose budget plan
      253 6 Reuter A GROUP of US Senate Budget Committee Democrats proposed rebellion on Tuesday against the compromise budget plan worked out between President George Bush and congressional leaders. Led by Senator Bennett Johnston, they said they wanted to shock Congress and the White House into
      Reuter  -  253 words
    • Article
      Lock icon The pains of a freer market
      98 6 FT THE SOVIET UNION is already experiencing the pains of a freer market without tasting many of its fruits, a group of senior Soviet scholars has concluded. A discussion at the Academy of Social Sciences in Moscow and published on Tuesday revealed strong concern
      FT  -  98 words
    • Article
      Lock icon Confusion over US farm export subsidy programme
      438 6 Reuter THE MAIN US farm export subsidy programme was thrown into question on Tuesday by conflicting statements from Agriculture Department officials that sent wheat markets on a wild ride. First, a senior department official told a Senate subcommittee that new offers for subsidised
      Reuter  -  438 words
    • Article
      Lock icon 'EC reciprocity rules may be protectionistic'
      333 6 FT A SENIOR Japanese government official has warned the European Community that the application of proposed rules on reciprocal access to markets could "easily result in protectionism". "We have a big concern over the 1992 market integration of the European Community, especially the application
      FT  -  333 words
    • Article
      Lock icon UK budget surplus quadruples
      173 6 AFP BRITAIN'S budget surplus for fiscal 1988-89 exceeded £14.3 billion. The surplus was about four times the previous year's surplus of £3.575 billion, which was Britain's first budget surplus since fiscal 1969-70. In fiscal 1986-87, Britain's deficit was £3.3 billion. The 1988-89 surplus was roughly in
      AFP  -  173 words
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      35 6 Khashoggi: trapped by hia own IHeatyle, PAGE 13 in iw A A A A HIbTON INTtiRNATIONAb With an atmosphere so relaxed, and award-winning service so pleasurable, the only thing that's missing is you. 1 s^afork
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      63 6 Doonesbury HPf.TUmi MK. BUTTS eveKuxMZR UtfTHff&SSO ■> woipeeß Y PR&SURB ID SMOKE* v. m rrs becausb your FRIBNPSPONT tUANT YOU 70 Mt9S OUT! GETTING HOOKBP ON CJGARBTTBS tS FUN-AND SURPRISINGLY m *S\ la i BY GARRY TRUDEAU FOR JUST A FSW DOLLARS A PAX YOU'LL H/WZ A GLAMOROUS NEW HABTT
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      145 7 This could well be our best idea yet. Singapore Technologies We have been in existence for 21 years. Some of you know us by different company names. Some as different corporations. And some of you may never even have heard of us. Singly, we are specialists in many fields. From
      145 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1312 8 SINGAPORE: Strong buying interest from institutional investors helped the US dollar close firmer against most currencies after active trading yesterday, dealers said. "Trading was very active. There was heavy Japanese buying interest, especially from life insurance companies." said a treasury department manager with a Japanese bank branch. The
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      Options
      1415 8 CURRENCY FUTURES OPTIONS Wednesday, Apr 19, 1989 DEUTSCHE MARK (SJMEX) >mr»c* HM Lmm 8(8 May Mp 88 pMti Lee SM 93 93 94 99 1318 938 Jm 88 calla Htfli Law 134 49 II Ml JM Htffl 6A 27* 88 peli LM S s 39 S*0 91 93 93
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    • Article, Illustration
      World interest rates
      191 8 lodlcftt#! th# ftvocsQQ o( uiq prim# lenoing riivi of 12 mafor banks In S'por* Interbank market ratee (offer/bid) on Apr 19 US$ DM SWFC Y «n 7 6ort 7/0 0 1/4 11 3/4 II 5/0 s 7/1 i/a j/o 4 J/0 4 1/4 1 mtk 19/1* 1
      191 words
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      75 8 «s Cara Boutique (25 April); Dor's Apparel (26 April); nco Design (27 April); Future Shock by Heng (28 Apnl) and Wee Wee Boutique (29 April). Lucky draw prizes include Eticnne Aigner vouchers, Davidson hampers, meal vouchers and M. Ca Pi CRQWn ®PRJNCE HOTEL SINGAPORE Manned hv Pnrnc Clutch jjpjn (Continuing
      75 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Simex
      482 9 BA Futures JUNE Eurodollar futures yesterday opened 31 ticks higher at 90.06 following a 5.4 per cent drop in March US housing starts and a 0.5 per cent rise in US March CPI which quelled fears of higher inflation. Prices edged to high of 90.07 before heavy profit-taking pushed
      BA Futures  -  482 words
    • Article
      IMM
      257 9 MOST IMM currency futures closed higher on Tuesday but off the highs of the session after late profit-taking trimmed the advance slightly. Futures rose steadily throughout the morning and into early afternoon trade on buying linked to the 0.5 per cent rise in March consumer prices. The rise in
      257 words
    • Article
      Comex gold/silver futures
      159 9 Gold futures on Apr 18, 1989 100 troy ounces; US$ per troy ounce Op#fi High Low s«m« Apr 383.00 385.20 383.00 383.50 -2.70 May 384.60 -2.70 Jwn 390.00 390.50 386.30 387.40 -2.70 Aug 394.70 395.00 390.80 392.10 -2.90 Oct 400.70 400.70 396.50 397.40 -3.10 Dec 406.00 406.00
      159 words
    • Article
      Government Securities Market
      102 9 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****F 12.07.89 4.04 3.99 4.06 3.96 6 months BS*****N 17.08.89 4.05 4.00 1 year BY*****H 23.11.89 4.06 4.01 4.02 4.02 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      102 words
    • Article
      Jakarta leasing firm taps Asian dollar market for US$20m
      310 9  -  By QUAK HIANG WHAI INDONESIAN leasing company P T Saseka Gelora Leasing has tapped the Singapore-based Asian dollar market for the first time with the signing of a US$2O million guaranteed loan agreement yesterday. Under the agreement, P T Saseka Gelora,
      310 words
    • Article
      Asian $ market
      263 9 Asian market ASIAN DOLLAR deposit rates closed unchanged from their lower opening yesterday, after trading narrowly in quiet trading, dealers said. They said rates initially fell across the board following a steep 5.4 per cent drop in US March housing sales which showed a slowdown in US economic growth and
      263 words
    • Article
      Money markets
      63 9 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 rose 1/16 point across the board. S$ Interbank rates at the close yesterday: Off« BIO Overnight 5 1/4 5 1/8 1-month 5 1/4 5 1/8 2-month
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    • Article
      Lock icon Sharply higher first quarter for Citicorp, Bankers Trust
      463 9 NYT ALTHOUGH they followed different business strategies. Citicorp. the largest banking company in the US. and the Bankers Trust New York Corp. the ninth largest, have announced sharply higher earnings for the first quarter. Wells Fargo Co announced a smaller increase in
      NYT  -  463 words
    • Article
      Lock icon Brady plan under scrutiny as strikes break out
      353 9 AFP LATIN AMERICAN nations were taking a hard look at a US debt reduction plan on Tuesday as workers in a number ot countries stopped work or threatened strikes to protest against austerity measures forced by creditors. In Mexico, where the US$lO3
      AFP  -  353 words
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      278 9 w, rmumam y rr> I ,iU fir. j j l* '-I .1 k i 4' m 3 <• vA a At J m +n r± ft C S, 5* w tt 2§* J a* j 2Si vT 5V 'i:v •i if 4 vA* 5-<' "Nl r,: raa 9 f». t
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  • COMMODITIES
    • Article
      RAS and MRELB
      282 10 R AS prices in S cents/kg, FOB in bale* NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 212.50 213.50N 212.50 213.50N Int 1 RSS May 89 212.00 213.00N 212.00 213.00 bit 1 RSS J one 209.50 210.50N 210.00 210.50 Int 2 RSS OP 204.00 206.00N
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      SSR and SMR
      75 10 (cents/kg) MAY 1989 JUNE 1989 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 184.00 186.00N 184.00 186.00N SSR 50 182.00 184.00N 182.00 184.00N MRELB Buyers Seller! Buyers Sellers SMR CV 284.00 286.00N 286.00 288.00N SMR I 284.50 286.50N 286.50 288.50N SMR 5
      75 words
    • Article
      Wheat
      135 10 CHICAGO BOARD of Trade soft red winter wheat closed lower on Tuesday, but above session lows set near mid-day, on profit-tak-ing and forecasts for rain next week in the northern Great Plains and mid-west. Early professional sellers turned buyers late, with most activity in the new crop July. May
      135 words
    • Article
      Soybean
      133 10 NEARBY Chicago Board of Trade soybean contracts turned higher on Tuesday on late buying in reaction to news of a dockers' strike at major Brazil ports, floor sources said. New crop contracts ended lower amid forecasts for above normal precipitation next week in US corn and soybean areas. A
      133 words
    • Article
      Rubber
      319 10 SINGAPORE: Rubber prices ended slightly higher with May 1 RSS buyer quoted at 212.00 cents a kg yesterday, up one cent from Tuesday's close. Brokers said prices held steady in the afternoon on light speculative buying following gains in Japanese rubber markets. But trading was thin. On the TSR-20
      319 words
    • Article
      Palm Oil
      449 10 MALAYSIAN CRUDE PALM OIL FUTURES prices fell yesterday on the Kuala Lumpur Commodity Exchange due to profit-taking. Dealers said there was still uncertainty over stock figures released by the Palm Oil Registration and Licensing Authority (Porla) and those estimated by traders. As a result, the market, which opened
      449 words
    • Article
      London markets
      266 10 London Commodity Exchange Buyer/Seller closing prices on Apr 18 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London May 1147/1149 (1135/1140) High/Low 1165/1145 July 1103/1104 (1082/1083) High/Low 1114/1097 Sales (2964) Cocoa May 754/755 (748/750) High/Low 756/750 July 771/772 (763/765) High/Low 772/766
      266 words
    • Article
      Produce Prices
      197 10 Chinese Produce Exchange Sellers' noon doling prices on Apr 19 (SS/100 kg) Coconut oil Bulk FOB 104.00 Old drum FOB 1 14.00 New drum FOB 118.00 Copra Mixed (loose) 62.00 sellers Pepper Muntok white FOB NIW 675.00 Sarawak white FOB faq NIW 665.00 Sarawak special black FOB NIW
      197 words
    • Article
      KL Tin
      187 10 ABSENCE of fresh demand triggered light selling on the Kuala Lumpur Tin Market, easing 10 cents to M52t.74 a kg, brokers said. "It is the buyer's turn to hold back any bids and the market is likely to extend Its correction for another day or two," one broker
      187 words
    • Article
      Precious Metals
      422 10 HONGKONG: Gold closed slightly easier in moderate trading yesterday despite light buying by Japanese. Singaporean and local traders, said dealers. Bullion ended at US$3B2 80/US$3B3 30 an ounce against an initial U*****.20/70 and New York's close of US$3B3 00/50 Dealers said the firmer tone of the US dollar
      422 words
    • Article
      Lock icon Porla head dismisses controversy over March stock figures
      492 10 Bernama CONTROVERSY over the end of March stock figures issued by the Palm Oil Registration and Licensing Authority (Porla) should not arise as the agency has been using the same method of collecting, computing and estimating production and stock figures as practised
      Bernama  -  492 words
    • Article
      Lock icon Crude Oil and Products
      141 10 Telerate FUEL OIL was relatively steady in the Singapore market yesterday However, higher prices were seen for April-first half May availabilities as a result of the continued supply tightness for that period. The Philippines cancelled its purchase tender for CST-180 because of the high bids it
      Telerate  -  141 words
    • Article
      Lock icon Rubber products sale likely to rise
      112 10 Bernama THE RUBBER products industry is expected to improve its performance in> the first half of this year,: the Malaysian Industrial Development Authority (Mida) said on Tuesday. Mida, in the findings of an industrial trends survey covering 150 manufactur* ers. said output and sales
      Bernama  -  112 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      59 10 Specialists in fine Hand-knoaed Carpers Sunday, April 23,1989 Grand Ballroom Hilton International Singapore 120 Tribal And Fine Oriental Carpets Rugs Viewing: 10am Ipm Auction Sale: 1.30pm spm All lots are guaranteed and backed by a full trade in value at our showroom Auctioneers: Cheong Koon Seng (CKS) Auctioneers Valuers Pte
      59 words
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      Page 10 Advertisements Column 2
      193 10 Excujsjve Free Gifts HONG LEONG FINANCE I SINGAPORE FINANCE Take home a fabulously exclusive free gift when you open or renew a Find Deposit with Hong Leoog Finance or Singapore Finance. And, if you deposit J50,000 or more, we'll arrange an appointment for you at Tbdor Court for a sales
      193 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Her World takes on a new look for the working woman of the 90s
      383 11 HER WORLD, Singapore's largest selling women's magazine, is gearing up for the 1990s with a new masthead and changes to its editorial package to meet the needs of the working woman of the next decade. The
      383 words
    • Article
      A million-dollar name change
      195 11 CHANGE is a delicate and costly business as two toiletry products Darlie (ex-Darkie) and Whisper (ex-Always) are discovering. Merely replacing the "k" in Darkie toothpaste with an "I" has cost Hawley and Hazel $1.5 million in advertising and promotions. "We want to ensure that the consumer
      195 words
    • Article
      US research company enters the region
      477 11  -  By GENEVIEVE CUA NEW YORK-BASED research company McCollum Spielman International has made its first move to penetrate the Asia-Pa-cific market. The company has awarded the Survey Research Group (SRG) with the franchise for a system to test television advertisements. called AC-T/AD'VANTAGE. SRG s network
      477 words
    • Article, Illustration
      Fahrenheit launch sees high degree of success
      426 11 THE BIGGEST media splash for a men's fragrance in Singapore has paid off for Parfums Christian Dior. The company sold 2,900 bottles of Fahrenheit during its 14day launch period this month, about 100 bottles short of the sales achieved in Dior's last blockbuster
      426 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      140 11 THIS ANNOUNCEMENT APPEARS AS A MATTER OF RECORD ONLY H SEMI-TECH MICROELECTRONICS (FAR EAST) LIMITED US$ 1 40,000,000 TENDER OFFER FINANCING FACILITY IN CONNECTION WITH THE ACQUISITION OF SSMC INC. ("SINGER™") LEAD MANAGED BY ASIAN OCEANIC HOLDINGS LIMITED PROVIDED BY PNC INTERNATIONAL FINANCE (ASIA) LIMITED NISSHO IWAI HONG KONG CORPORATION
      140 words
    • Advertisement
      Page 11 Advertisements Column 2
      73 11 THIS ANNOUNCEMENT APPEARS AS A MATTER OF RECORD ONLY. SEMI-TECH MICROELECTRONICS (FAR EAST) LIMITED i 1 IS is JiC PJI P1 HAS COMPLETED A TENDER OFFER FOR 76%% OF SSMC INC. ("SINGER™") PURCHASING 5,436.200 COMMON SHARES FOR U*****,575,600 A ASIAN OCEANIC CAPITAL CORPORATION SERVED AS FINANCIAL ADVISER TO SEMI-TECH MICROELECTRONICS
      73 words
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  • PERSPECTIVE
    • Article
      MPHB takeover: the bottomline
      531 12 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has firmly doused the political flames fanned by the Malaysian Chinese Association over a takeover bid of Multi-Purpose Holdings Bhd (MPHB) by the Malaysian Hong Leong group through Hume Industries. "As long as the bid serves the interests
      531 words
    • Article, Illustration
      Tightening up on foreign investments
      1400 12  -  Australians are rebelling against large scale investment from Japan. And now the Japanese are taking steps to protect their overseas investments. A study is under way to devise a means of monitoring the flow, writes FLORENCE CHONG, BT's Sydney correspondent. FLORENCE CHONG, THE AUSTRALIAN government
      1,400 words
    • Article
      Strong desire for enhancement of cohesion shown at seminar
      974 12  -  PERCEPTIONS OF ASEAN UNITY ONE MAN'sV/IEW By SEAH CHIANG NEE "IT IS QUITE obvious that Asean could go off track if it is unable to come out with a proper strategy to face the changing political scenario in South-east Asia and
      974 words
    • Article, Illustration
      Lock icon Political rather than economic pluses
      809 13 BUSH'S BUDGET DEAL WITH CONGRESS FT SELDOM CAN an agreement between an Administration and Congress have received such a lukewarm reception as the outline budget deal announced in the spring sun of ,the White House Rose Garden last Friday by President George Bush. "Minimalist", "lowest
      FT  -  809 words
    • Article
      Lock icon Luring Japanese and US tourists
      687 13 NYT ON A ROLLING FAIRWAY, one of Japan's 12 million golfers discovers that Spain has "added 18 holes to paradise". A young American stockbroker enters an ancient castle to learn that "the Duke is away", and his bedroom is available for the guest. After 25
      NYT  -  687 words
    • Article, Illustration
      Lock icon Khashoggi: trapped by his own lifestyle
      791 13 FT ADNAN KHASHOGGI has never had much of a head for business. It is the one criticism his friends make of him. Rather he is a salesman, a dealmaker, an influence-pedlar who loves the quick financial fix and finds the routine of management insufferably
      FT  -  791 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      153 12 "Why is KLM always expanding its business connections? 1 *7 2* I 2 KLM FLIES TO 138 DESTINATIONS ON 6 CONTINENTS. w nt to be ready expand your business!' When your business is on the move, you need an airline that keeps up. That's why KLM continuously expands its network
      153 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      26 12 IBrlst DO &VG.Z DO AMY COO£<"? .s. UJHPVT f\ FOOUSH QU€£Ti(W (SOIL "iMGSe LILY u)Mn£ s 1 V HPvNpS j £>l rVCNMQ STANOARO CO. LTD.. IW—IM
      26 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      114 13 513 '.K; V'f h. m <■• ,»1 \:i tr > .-j- :.>•; fi >> L« > V 1 T V, r r ■V t m:m >• ±~*L. i y- In Beijing where else but the Shangri-La. Judge a hotel by what it does not have. When there are no weary
      114 words
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  • LEISURE
    • Article, Illustration
      Lock icon Lucy suffers heart attack
      251 14 PERSONALITIES Reuter LUCILLE BALL, famous round the world as the star of the Love Lucy television series, had an apparent heart attack on Tuesday and is in serious condition, a hospital spokesman said. Ball, 77, was conscious when she was driven to Cedars Sinai Hospital in
      Reuter  -  251 words
    • Article, Illustration
      Lock icon Cuts ordered in Chernobyl film
      249 14 CINEMA Reuter A SOVIET film director has complained to Kremlin leader Mikhail Gorbachev after authorities ordered cuts in a film he made about the 1986 Chernobyl nuclear disaster, the newspaper Sovietskaya Kultura said on Tuesday. Nikolai Mashchenko said in an interview with the newspaper that
      Reuter  -  249 words
    • SHORT TAKES
      • Article
        Lock icon Haunted by the past
        401 15 AP DIRECTOR Alan J Pakula's latest film is about the difficulties of a couple in their courtship leading to a second marriage a subject he knows from personal experience. It is no accident that See You In the Morning is the first film Pakula has written,
        AP  -  401 words
    • Article, Illustration
      Lock icon Mary Poppins goes on CD
      516 15  -  MUSIC By VERNON SCOTT UPI WALT DISNEY STUDIOS is celebrating the 25th anniversary of Mary Poppins by releasing a compact disc of the soundtrack, which won Oscars for best song and best score for composers Robert and Richard Sherman. The two brothers are still at
      UPI  -  516 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      978 14 men Twer Where to entertain MALAYSIAN HIGH TEA ONLY B.oo++ %<>* -4 y *v Try Something Malaysian Style "HIGH TEA" From three to six every afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah, Mee Siam, Kueh Kuchee, Agar Agar Gundil. Bubor Hitam, Gula Melaka and
      978 words
    • Advertisement
      Page 14 Advertisements Column 2
      149 14 V 7k Treat your secretary to a delectable 4 course lunch 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. 'Sssr :fcßOrrhant Riiari. Snigaiiofi'o924TH 7:17 4411 Cairn-Court Restaurant Presi-rite The super-value
      149 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      253 15 v i V/Tfi < X, .1 V: .1 f :*»VT' W\ -fi\ I >JC^£W<£l*L f»L: >^iv.'• x> *-0;.. ••> vt?Vv \V. 9 K* X\ •»f EAT YOUR WAY TO BALI IN THE CAFE APRIL 14 TO 23 \NUi- K X •vl m V A ystr For ten full days, well
      253 words
    • Advertisement
      Page 15 Advertisements Column 2
      101 15 White out of Black Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. i IS II M V J 5S -WEINKF.iI vH K n Nr. 4 907 644 03S y. ,> "Tin Ccrmong tfaw; f®
      101 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      649 15 CRYPTIC PUZZLE ACROSS 1 Animals healthy in different ways (6) 7 A bit of a pig (4, 4) 8 Useful facts from Canada, Tasmania, etc (4) 10 The footballer gets no kick out of it (6) 11 Tried hard to make a saint change over (6) 14 Born into wine
      649 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1294 15 TV and RADIO Folk and country music X OUR CHOICE APPLAUSE, 10.15pm, Channel 12 Two items are presented tonight. The first is Four Strong Winds: lan And Sylvia And Friends, featuring the in-ternationally-acclaimed folk duo, lan and Sylvia Tyson. Their guests include Gordon Lightfoot, Judy Collins, Linda Ronstadt and Emmylou
      1,294 words
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  • SPORTS
    • Article, Illustration
      Lock icon Three seeds suffer defeats
      504 16 TENNIS AP NUMBER FOUR SEED Yannick Noah of France, No 6 Kevin Curren of the United States and No 7 Andres Gomez of Ecuador all suffered upsets on Tuesday, the second day of the Japan Open Tennis Championships in Tokyo. Second seed Stefan Edberg of Sweden,
      AP  -  504 words
    • Article
      Lock icon Carlsson defeated in Nice
      159 16 AFP KENT CARLSSON of Sweden, the top seed, crashed out of the US$2OO,OOO Nice Open tennis tournament in the first round on Tuesday. Carlsson, ranked sixth in the world, came up against Claudio Pisotlesi of Italy, who is only 129 th in the world listings, but
      AFP  -  159 words
    • Article
      Lock icon Sabatini has narrow escape
      234 16 AP TOP-SEEDED Gabriela Sabatini of Argentina escaped from a first-set scare and defeated country-woman Bettina Fulco 7-5, 6-2, on Tuesday night in the first round of the US$2OO,OOO Eckerd Tennis Open in Florida. Fulco matched Sabatini from the baseline and had a set point at 5-4.
      AP  -  234 words
    • Article
      Lock icon Maleeva, Savchenko crash out
      174 16 AFP BULGARIA'S Katerina Maleeva and Larisa Savchenko of the Soviet Union crashed out on Tuesday in the first round of a US$2OO,OOO women's tennis tournament in Tampa, Florida. Maleeva. seeded third, fell in three sets to unseeded American Donna Faber 3-6, 6-1, 3-6, while Savchenko, the
      AFP  -  174 words
    • Article
      Strong field for Epson Singapore
      551 16  -  By A SURENDREN THE FIELD for the Epson Singapore Super Tennis competition from April 24-30 boasts players of equal, if not better, standard to those at the Korean Open in Seoul. Australian John Fitzgerald, who was the top seed there, is seeded third here. Top
      551 words
    • Article
      Lock icon Jones to fight Randall in debut
      273 16 BOXING AP HARD-LUCK Olympic boxer Roy Jones Jr will make his professional debut against Ricky Randall, an experienced junior middleweight who is 10 years older than Jones. The fight will be held on May 6, in Pensacola, Jones's hometown. J Randall, 30, of New
      AP  -  273 words
    • Article
      Lock icon Cayton allows Tyson to fight
      211 16 AFP BILL CAYTON, the embattled rrianager of Mike Tyson, has given the green light for the unbeateh heavyweight champion to fipht Carl "The Truth'' Williams in July. 1 The New York Times, citing a telephone conversation between CByton and Williams's promoter Stan Hoffman on Monday,
      AFP  -  211 words
    • Article
      Lock icon Wimbledon prize money passes £3m mark
      122 16 AFP PRIZE MONEY for this year s Wimbledon tennis Championships will shoot through the £3 million barrier for the first time. The All England Club announced on Tuesday that a bumper £3.063.049 would be on offer for the tournament, from June 26 to July
      AFP  -  122 words
    • Article
      Lock icon West Indies poised for victory over India
      323 16 CRICKET AFP THE WEST INDIES resumed the third Test match against India in Port of Spain yesterday in a strong position to force their second successive victory in the four-Test series. They lead by 343 runs with three second innings wickets standing and
      AFP  -  323 words
    • Article
      Lock icon Cash strains Achilles' tendon
      114 16 Reuter FORMER Wimbledon champion Pat Cash seriously strained his Achilles' tendon yesterday and will be flown abroad for surgery as soon as possible. The Australian tennis player collapsed and was carried off the court during a match at the Japan Open in Ariake Coliseum in Tokyo.
      Reuter  -  114 words
    • Article, Illustration
      Lock icon Mekonnen adds third jewel to Ethiopia's crown
      521 16 MARATHON UPI FOR THE RUNNERS of Ethiopia. Abebe Mekonnen's Boston Marathon victory provided the third and final jewel for the crown they fashioned in a triumphal two days. On Sunday, countrymen Belayneh Densamo won at Rotterdam and Keleke Metaferia triumphed at Milan's World
      UPI  -  521 words
    • Article, Illustration
      Lock icon Pistons net NBA record, Central Division title
      426 16 BASKETBALL AP THE DETROIT PISTONS clinched their second straight Central Division title and the National Basketball Association s best record on Tuesday night, racing to a 20-3 lead and then holding on behind Joe Dumars' 24 thirdquarter points to beat the Cleveland Cavaliers
      AP  -  426 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Positive factors point to further rise for stock market
      560 17 mm mm™ By HOCK LOCK SIEW JUST WHEN the cautious investor is beginning to wonder how the market surge will maintain momentum, palm oil prices firm up and the neglected plantation sector comes alive. Yesterday's good gains for Consplant, Harrisons and
      By HOCK LOCK SIEW  -  560 words
    • Article
      Sateras Resources (M) acquires Sabah company for M$5.24m
      393 17  -  By JOSEPHINE CHAN SATERAS RESOURCES (M) Bhd (SRM), the former industrial resins manufacturing company, yesterday announced the acquisition of a cocoa plantation-own-ing company in Sabah for M 55.24 million, in a move to further increase its cocoa plantation acreage. SRM is acquiring
      393 words
    • Article
      C Storage buys 40pc stake in Thai ice-cream company
      181 17 COLD STORAGE Holdings Ltd has bought a 40 per cent stake in an ice-cream company in Thailand, its first acquisition since it hived oft its property interests last year in a major revamp. The price of $3.1 million for the stake
      181 words
    • Article, Illustration
      Khong Guan to redevelop factory into condo project
      621 17  -  Flour milling operations in Singapore to cease By MAGDALENE NG KHONG GUAN FLOUR Milling is pulling out of the milling business in Singapore and is proposing to redevelop its existing factory in Tanjong Rhu into a condominium project. This follows a critical
      621 words
    • Article
      Palmco proposes to float oleochemicals subsidiary
      453 17  -  By KEVIN GWEE TROUBLED PALMCO Holdings Bhd has proposed to hive off its wholly-owned subsidiary. Acidchem (M) Sdn Bhd, a manufacturer of oleochemicals, namely fatty acids and glycerine. In conjunction with this proposal, Palmco is seeking approvals for: a proposed rights issue of 15
      453 words
    • Article
      Lock icon MMC to spend at least M$15m on exploration
      367 17 NST MALAYSIA MINING Corporation (MMC) is spending at least Msls million in the current financial year under its exploration expansion programme. The bulk of the funds is expected to be channelled to Malaysia. Sources said that inclusive of the Msls million, MMC
      NST  -  367 words
    • Article
      Lock icon Carlsberg invests M$10m more in Shah Alam plant
      323 17 NST CARLSBERG BREWERY Malaysia Bhd is investing a further Mslo million in its Shah Alam plant this year to cope with the expected increase in demand for beer. Chairman John Madsen said the company expects its production to increase from 400,000 hectolitres
      NST  -  323 words
    • Article
      Lock icon Ramada to sell hotel chain to Hongkong's New World group
      476 17 Agencies HONGKONG-BASED New World group is teaming up with US hotel company Prime Motor Inns (PMI) to buy Ramada Inc's hotel chain for USSS4O million. Phoenix-based Ramada manages 825 hotels and 144.000 rooms worldwide, mostly in the United States The
      Agencies  -  476 words
    • SES
      • Article, Illustration
        MPHB takes the limelight amid mixed and cautious trading
        1166 18  -  \J l 111 -by ANDREA BORCH INVESTORS PUSHED takeover target Multi-Purpose Holdings to the top ot the local market's active stocks list yesterday, as the issue's volume hit 16.76 million shares in trading that brokers otherwise described as mixed and cautious.
        1,166 words
      • Article
        APPROVED ISSUES
        174 18 Company RIGHTS ISSUE 0 C Bank On* lor two 10 75 per shore I* dot* More* 9 Books dot# Morch 23 Acceptance t fayeent May i George Town Three-lo< two $1 00 per shore E» dote Morch 13 Books dote More* 28 Acceptance t fayawnt Moy 12 Guthrie
        174 words
      • Article
        PROPOSED ISSUES
        326 18 Company RIGHTS ISSUE Ayer Hitom Tin On« lor on* $1 10 per shore Berjaya Corpo One for one (1 00 par per shore C 1 Holdings 27 nmIUoa loon stocks M th« ratio ol 13 loon slock lor every In* ordinory shores held Causeway Inv hsue ol $7,252.93/
        326 words
      • Article
        COMPANY MEETINGS
        123 18 OVERSEAS UNION SECURITIES LIMITED: AGM at the Board Room, 45th Storey. OUB Centre, 1 Raffles Place, Singapore 0104, today at 11.00 am. TONHOW INDUSTRIES LIMITED: 14th AGM at the Prosperity Room, The Plaza. Level 3. 7500 A Beach Road. Singapore 0719 tomorrow at 3.00 pm. UNITED INTERNATIONAL SECURITIES
        123 words
    • Article
      SES SHARE INFORMATION
      6125 18 Gr's Gr's 1989 Tal Last Vol Day Last Quota Dlv Dlv Y'ld Nat M Cap High Low Code Company Sale or(000) High Low Buyer Seller C'VT PIE Smll SESDAQ APR 19 140 120 t 4000 Amtek Eng 20c 136 2 29 136 134 136 137 10 ON
      6,125 words
    • KLSE
      • Article, Illustration
        Market stays buoyant
        3563 19 SHARE prices remained on the uptrend on the Kuala Lumpur stock market yesterday with attention shifting to plantation counters, which were mostly doubledigit winners. Selected quality stocks also came in tor some buying, although increases were not as hefty. The market opened broadly higher and thereafter remained
        3,563 words
    • REGIONAL MARKETS
      • Article
        Lock icon Bridgestone aims for lead position by 1991
        681 20 Reuter BRIDGESTONE CORP, the world s third largest tyremaker. is aiming for the lead position by 1991. "We want to do it by that time," Akio Mino, head of international operations, said when asked in an interview if 1991 was the target. "We
        Reuter  -  681 words
      • Article
        Lock icon Thai Airways to buy 13 planes for US$1.2b
        283 20 AFP THAI AIRWAYS International is to buy 13 airliners for some 30 billion baht (US$l.2 billion) following a Thai Cabinet decision on Tuesday, a government spokesman said. The national flag carrier is to acquire five Boeing 7375, one Boeing 747, three Airbus
        AFP  -  283 words
      • Article
        Lock icon Toyota to pick site by June
        141 20 Reuter TOYOTA MOTOR Corp has to pick the location of a plant in Europe to make car engines (or its Derbyshire assembly plant within two months, vice-president Tsutomu Oshima said. It is looking into building the plant near Derbyshire or elsewhere in Britain. The
        Reuter  -  141 words
      • Article, Illustration
        Lock icon Stocks finish firm
        597 20 Tokyo Reuter TOKYO share prices firmed to a record close yesterday after fluctuating in narrow, featureless trade. Buying was sparked by Walt Street's surge to post-crash highs on Tuesday on optimism that the Federal Reserve would not have to push interest rates higher, brokers said. News of
        Reuter  -  597 words
      • Article, Illustration
        Lock icon Prices sharply higher
        536 20 Australia Reuter AUSTRALIAN shares surged to monthly highs by the close of floor trading yesterday and the All Ordinaries Index recorded its highest gain in over a year as investors returned to the market in droves, brokers said. By 0515 GMT. the All Ordinaries Index had jumped
        Reuter  -  536 words
      • Article, Illustration
        Market closes firmer
        1389 20 Hongkong HONGKONG STOCKS closed firmer yesterday after a session of daytrading, which saw strong morning gains followed by profit-taking. "There's not much long-term investment going on at the moment. Both local and overseas players are churning, which is good for us and why you see the heavy
        1,389 words
      • Article
        Lock icon Bangkok: Index up
        164 20 Reuter THE Securities Exchange of Thailand Index rose 6.92 points to 481.23 yesterday on a turnover of 12,054,717 shares worth 1,454.07 million baht. AMI It BAHT Ao Kham Thai 436 -14 Ayudhya Invaalmant 37.75 unch Bangkok Agro-lnd 74 297 1 BangiioK Bank—....... Bank O Ayudhya 342 Charooog
        Reuter  -  164 words
      • Article
        Lock icon Bombay: Mixed close
        156 20 Reuter BOMBAY share prices closed mixed yesterday after alternate bouts of speculative buying and selling with sentiment affected by end-of-account considerations, brokers said. They noted that the market opened firm on upcountry support but attracted local selling pressure at the improved levels. "Marketmen were inclined to restrict
        Reuter  -  156 words
      • Article
        Lock icon New Zealand: Surge
        181 20 Reuter THE NEW ZEALAND share market surged yesterday following large gains in overseas markets, but brokers say the market may have become overheated. The Barclays index climbed 35.27 to 1.876.39 "It went up really too fast." an Auckland broker said. "If there's a flat day on Wall
        Reuter  -  181 words
      • Article
        Lock icon Manila: 19-month high
        98 20 Reuter PHILIPPINE share prices climbed across the board yesterday to push Manila's composite index to a 19-month high and the commercial index to a 21month high. Brokers said corporate earnings news and stock dividends from some commercial/industrial issues boosted sentiment. The Manila Stock Exchange composite index closed
        Reuter  -  98 words
      • Article
        Lock icon Taipei: Record turnover
        524 20 Reuter THE TAIWANESE stock index closed slightly higher yesterday in frantic trading that sent turnover rocketing over the NT$lOO billion mark for the first time, dealers said. The weighted index gained 9.04 points, or 0.1 per cent, to finish at 7,966.9 after briefly breaking through the 8.000-point
        Reuter  -  524 words
    • WORLD MARKETS
      • Article
        Lock icon Boeing gets record US$9.4b order
        488 21 GPA Group to buy 308 airliners NYT THE BOEING Co has received the largest order for 308 airliners announced on Tuesday by GPA Group Ltd of Shannon, Ireland, the world's biggest aircraft-leas-ing company. The US$9.4 billion Boeing order, which is the largest in the company's
        NYT  -  488 words
      • Article
        Lock icon Anglo and De Beers to submit themselves to US courts
        504 21 FT ANGLO AMERICAN and De Beers, the South African mining groups, have offered to submit themselves to the Jurisdiction of US courts in a last-ditch effort to salvage the £3.5 billion (US$5.9 billion) takeover Md by Minorco, their Luxembourg subsidiary,
        FT  -  504 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1595 21 Reuter BRUSSELS: Belgian shares closed mainly higher in active trading yesterday following Wall Street's overnight close, dealers said. The forward market index closed up 19.50 points at an all-time high of 5,997.13 points A broker noted that yesterday was the end of the fortnightly trading cycle so
        Reuter  -  1,595 words
      • Article
        Lock icon Drexel board approves major restructuring
        325 21 Reuter DREXEL Burnham Lambert Inc's board of directors has approved a plan for a major restructuring. It said it will concentrate on its areas of special expertise. including high-yield securities, corporate finance, and institutional fixed income and equity research and sales. Orexel Burnham Lambert said
        Reuter  -  325 words
      • Article, Illustration
        Lock icon Biggest one-day gain this year
        835 21 New York Reuter US SHARES surged to post-crash highs on Tuesday on investor optimism that the Federal Reserve would not have to push interest rates higher, brokers said. A government report on consumer prices and a drop in housing starts last month allayed investors' inflation
        Reuter  -  835 words
      • Article, Illustration
        Lock icon FTSE 100 opens 16.6 points up
        1001 21 London Reuter THE FTSE 100 share index surged 16.6 points in London to open at 2,091.0 yesterday morning, buoyed by a 42point jump on Wall Street, which closed at new post-crash highs. Dealers said slightly lower than expected US inflationary figures on Tuesday had
        Reuter  -  1,001 words
    • Article, Illustration
      S'pore agrees to return of 10,000 Thais
      466 22  -  Half of them due to arrive by month's end By LILIAN ANG THE SINGAPORE government has agreed to allow the estimated 10,000 illegal Thai workers, who were recently repatriated, to return to the Republic. Half of them are due to arrive by the
      466 words
    • Article
      Caution over Viet pullout vital: Siddhi
      333 22  -  By DAVID CHEW ALTHOUGH Singapore and Thailand welcome the Vietnamese commitment to withdraw completely their troops from Cambodia by Sep 30, both countries will have to treat the announcement with caution, Thai Foreign Minister Siddhi Savetsila said yesterday before leaving for Bangkok. Hanoi has
      333 words
    • Article
      Sheng-Li restructured and given new corporate identity
      361 22  -  Singapore Technologies By JEFFREY TSANG THE GOVERNMENT-OWNED Sheng-Li group has been restructured to project a consistent and coherent corporate identity for greater effectiveness in the international marketplace. At the launch of its new corporate identity yesterday, group managing director Lim Ming Seong said
      361 words
    • Article
      Lock icon HK tycoons battle for US$1.3b construction deal
      353 22 Reuter TWO of Hongkong's major companies have teamed up to fight another of the British colony's heavyweight trading hongs for a construction deal, worth over HK$lO billion (US$l.2B billion). Li Ka-shing, a Chinese born multi-millionaire whose Cheung Kong Holdings is one of the
      Reuter  -  353 words
    • Article
      DBS Land looking for investment opportunities in US, Australia and region
      361 22  -  By FOO CHOY PENG DBS LAND, the property arm of the DBS Bank group, is scouting for investment opportunities overseas, says executive director Loh Soo Eng. Speaking at an investment seminar in Hongkong yesterday, Mr Loh disclosed that the
      361 words
    • Article
      Lock icon Comex gold
      91 22 Reuter COMEX GOLD FUTURES firmed on early buying yesterday, fuelled by expectations that Nymex crude oil prices will react sharply higher on news of an explosion at a North Sea oil rig. June gold rose US$l.3O at U*****.70 an ounce. Analysts said the market drew scattered buying on
      Reuter  -  91 words
    • Article
      Singapore business team to establish investment links in Philippines
      436 22  -  By AL O LABITA Jr PROSPECTS are bright for increased bilateral trade and investment linkages between the Philippines and Singapore. A 12-man Singaporean business group will be in the Philippines on April 23 for a seven-day visit to assess the country's
      436 words
    • LATE FILE
      • Article
        Lock icon World economic growth in 1990s
        39 22 AFP THE world economy is expected to grow at 3.3 per cent a year in the *****, with Japan s gross national product expanding 3.9 per cent annually, a major research body said. AFP
        AFP  -  39 words
      • Article
        Lock icon EC gives nod to Plessey's takeover
        44 22 AFP THE European Commission, the EEC's executive arm. gave the provisional go-ahead yesterday to a proposed takeover of the British electronics company Plessey by Britain's General Electric Company (GEC) and West Germany's Siemens, officials said in Brussels.— AFP
        AFP  -  44 words
      • Article
        Lock icon France arming Sihanoukists
        57 22 AP FRANCE for the first time has sent arms to guerillas fighting Vietnam's occupation of Cambodia. Thai newspapers yesterday quoted a senior Thai officer as saying. The shipments are going to the forces of Prince Norodom Sihanouk, president of the three-party guerilla coalition, said Gen Sunthorn Kongsompong,
        AP  -  57 words
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        Lock icon Thai Airways to be floated
        33 22 AFP THE Thai cabinet has approved a government plan to float Thai Airways International shares to fund a purchase of 13 airliners, a government spokesman said yesterday. AFP
        AFP  -  33 words
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        Lock icon Cool response to Sabah offer
        78 22 Bernama A STATEMENT by President Corazon Aquino on Monday announcing her "definite support" for a bill authorising the formal dropping of the Philippines' 27-year-old claim to Sabah has received a cool response from Wisma Putra officials. "There is no reason to react to such a
        Bernama  -  78 words
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        Lock icon Zia's son accuses US of cover-up
        47 22 UPI THE son of late Pakistani President Zia Ul-Haq accused the United States yesterday ot a cover-up and called on the Bush administration to break its conspiracy of silence on the cause of the plane crash which killed his father. UPI
        UPI  -  47 words
      • Article
        Lock icon Daphne du Maurier dead
        54 22 Reuter DAPHNE du Maurier, author of Rebecca and Jamaica Inn, died yesterday at the age of 81, a family friend said. The friend, Baker Munton, said she died in her sleep at her home in Cornwall, the rugged southwest England county that played a major part
        Reuter  -  54 words
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      Lock icon US ready to arm guerillas: Son Sann
      246 22 AFP, Bernama CAMBODIAN resistance leader Son Sann said the United States is ready to provide military aid to the non-communist guerilla forces in Cambodia for the first time, The Washington Post reported yesterday. Mr Son Sann said he was told of the change
      AFP,; Bernama  -  246 words
    • Article
      Lock icon M'sian government frees opposition leader Urn Kit Siang and son
      283 22 Agencies THE MALAYSIAN government yesterday (reed opposition leader Lim Kit Siang and his son 18 months after their arrests under the Internal Security Act to defuse racial tension. Mr Lim, 48. was given an unconditional release along with his son,
      Agencies  -  283 words
    • Article
      Lock icon Chinese students continue protest and pay tribute to Hu
      241 22 AFP SOME 3,500 students gathered in Tiananmen Square in Beijing yesterday in a third straight day of protests, hours alter police dispersed an early morning sit-in outside government buildings nearby, witnesses said. And in Shanghai, three thousand students at Fudan University.
      AFP  -  241 words
    • Article
      Lock icon Call to give HK residents right of abode in UK
      134 22 AFP PROFESSIONALS in Hongkong have urged Britain to give "fresh reconsideration" to granting Hongkong residents right of abode during a public hearing held by a team of British Members of Parliament. The three-day hearing by the visiting eight-man House of
      AFP  -  134 words
  • Page 17 Advertisements
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      101 17 DG BANK-GZB (Asia) Ltd. will be holding a dinner talk on 27 April,l9B9, concerning: "INVESTMENT OPPORTUNITIES IN SINGAPOREPROPERTY STOCKS" The speakers will be Mr Edmund Tie, Managing Director of international property consultants Jones Lang Wootton,and Dr. Tan Chong Koay,Associate Director of DG BANKGZB (Asia) Ltd. Seating (dinner inclusive),on a limited
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      Page 17 Advertisements Column 2
      175 17 Financial Newsmakers The Specialist in Repairs Maintenance v: NO HIDDEN COSIII Bring your Mercedes to us and you 4 *90!: Famt and Efficient Smrviea jupi y* CnawanitiK That's because we are specialists and we value our customers' opinions of our services highly. Well even give you a tree evaluation/inspection of
      175 words
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      490 20 NOTICES In the matter of THE COMPANIES ACT, CAP. 50 and In the matter of INTERNATIONAL FILM AND TELEVISION PTE LTD (MEMBERS VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 51 Anson Road, #02-57 02-59 Anson Centre, Singapore
      490 words
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      402 20 IN THE MATTER OF THE COMPANIES ACT, CAP. SO LA JOLLA JEWELLERY PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the above Company duly convened and held at 585 North Bridge Road #14-05, Blanco Court, Singapore 0718 on Thursday, 20th April 1989 at 11 a.m., the following
      402 words
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      Page 20 Advertisements Column 3
      508 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 CANTON THEATRE LOUNGE/DISCOTHEQUE PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of CANTON THEATRE LOUNGE/ DISCOTHEQUE PTE LTD duly convened and held at 583 Orchard Road #03-08 Forum Gallerla, Singapore 0923 on the 18 day of
      508 words
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      Page 20 Advertisements Column 4
      0 20 "))!;;_-.'*~$}|/)?\\$>*+,@;:;;~
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  • Page 21 Advertisements
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      6 21 want quick results, they call CATS.
      6 words
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      Page 21 Advertisements Column 2
      92 21 CHINA IN THE 1980s IS TOO MUCH HAPPENING TOO SOON? NEW CHINESE REVOLUTION Written by Shanghai-born Lynn Pan, is a fascinating and compelling study of China and the Chinese at a critical point in their history It takes a candid look at every aspect of Chinese life under the Open
      92 words
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      Page 21 Advertisements Column 3
      356 21 NOTICE NOTICE IS HEREBY GIVEN that, I Yeo Keng Hua of No. 15-E Serangoon Garden Way, Singapore 1953, have applied for a First Class Beer House licence in respect of premises at M/s Yeo Keng Nam Chicken Rice at 8, Braddell Road, Singapore 1335, and that this application will be
      356 words
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      169 22 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of Orchard Road. At The Ascott, we take pride in giv ing our clients their own home. A spacious, priv ate living environment that offers the ultimate
      169 words
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      Page 22 Advertisements Column 2
      161 22 The silver report was not available at prats time The State Banquet Of China A tribute to all Secretaries •J w V w k£ U /f Inspired by Masters of Imperial Cuisine, it is based on a dinner menu of Queen ir Elizabeth's visit hosted by Chinese leaders p or
      161 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Philippine overseas fleet up to 473
        69 23 AFP THE PHILIPPINES's overseas merchant fleet rose to 473 at the end of last year, four ships more than the previous year, but total tonnage slightly declined. The official Maritime Industry Authority said in Manila yesterday that total deadweight tonnage for 1988 was 15.575
        AFP  -  69 words
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        Lock icon Move to revive futures contract
        54 23 Reuter THE BALTIC International Freight Futures Exchange (Biffex) is canvassing oil industry opinion on the idea of reintroducing an index-based tanker futures contract. Its new chairman, John Wheeler, said on Tuesday that the idea was in its very early stages, but could be based on
        Reuter  -  54 words
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        Lock icon Exxon discloses clean-up plan
        59 23 Reuter EXXON CORP has unveiled a plan to clean up by mid-September most of the 480 km of the Alaskan shoreline marred by America's worst oil spill. Exxon chairman Lawrence Rawl said in New York on Tuesday that the plan had been approved by the US
        Reuter  -  59 words
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        Lock icon Ship grounded on Mississippi river
        32 23 Reuter THE 68,676-DWT Philippine bulk carrier Sapphire was grounded on Monday at South-west Pass on the Mississippi river while outward bound with cargo, Lloyds Shipping Intelligence said.
        Reuter  -  32 words
      • Article
        Lock icon Freighter's dead crew recovered
        57 23 AP THE CASE of the Maltese freighter Rahim 111, which sank off the Abu Dhabi emirate three weeks ago, has been closed after recovery of most of the dead crew. Shipping sources said on Tuesday that salvage men had retrieved 14 bodies either floating on the
        AP  -  57 words
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        Lock icon Blaze on oil tanker put out
        48 23 AFP FIREMEN have put out a fire on an oil tanker off strike-bound Bombay port. The Press Trust of India reported yesterday that the vessel Perusing caught fire at the Butcher island off the western Indian coast on Tuesday after unloading oil.
        AFP  -  48 words
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        Lock icon Sino-Japanese steel deal finalised
        72 23 Reuter FOUR MAJOR Japanese steelmakers have agreed to ship a total of 150,000 tonnes of seamless pipe to China in the April-June period. A spokesman for Sumitomo Metal Industries, one of the four companies, said in Tokyo yesterday that the agreement between China and Sumitomo, NKK
        Reuter  -  72 words
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      Narrow approach blocking Songkhla's plans
      218 23  -  By Richard Ng CT INTERNATIONAL (CTI), which manages two ports in southern Thailand, has said that container ships cannot berth at Songkhla port because the approach is too narrow. CTI chairwoman Yupa Udomsak said on Monday that only feeder vessels could dock at the port
      218 words
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      Index to advertisers
      751 23 A8 Shpg VII s ABC Containerline XI s A8SS line XII 1/2 Accord Shpg VIM i a Arrow lines XI 5 ANl III 1/2 A PC line VII 4 API V 3-5 ASCI V 1 Australia line VII 1 8olt Conoda line IX 4/5 Bolt Orient line
      751 words
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      Manila to sell state-owned line this year
      430 23  -  By AL O LABITA JR THE AQUINO GOVERNMENT is set to sell state-owned National Shipping Corp of the Philippines (NSCP) to the private sector this year. NSCP, a profit-making company, is a wholly-owned subsidiary of National Development Co (NDC), the Trade and Industry
      430 words
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      FIATA may set up area secretariat in S'pore
      526 23  -  By RAHITA ELIAS THE INTERNATIONAL Federation of Freight Forwarders' Associations (FIATA) is considering Singapore as a location for its regional secretariat. Currently in Bombay, the secretariat might remain there or move to Hongkong or Singapore, said Mr Jiri Kadanik, FIATA's president. However,
      526 words
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      Lock icon Malaysia using new patrol craft to fight pirates
      303 23 Bernama THE MALAYSIAN marine police are stepping up their fight against pirates in Malaysian waters with their new Police Armoured Reinforcement (PAR) patrol craft. The fast, high-powered, lowdraught patrol craft are capable of hitting a speed of 46 knots and yet are
      Bernama  -  303 words
    • Article
      Lock icon Nedlloyd buys Italian clothing and transport company
      154 23 Reuter DUTCH SHIPPING and road transport company Nedlloyd has bought northern Italian clothing and general transport firm Messaggeria Emiliana SPA for an undisclosed sum. The firm, based in Carpi, north of Modena and operating across Italy, was Italy's market leader in transporting ready-to-wear
      Reuter  -  154 words
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      Lock icon Japan's biggest cruise ship ready
      109 23 AFP JAPAN'S largest-ever luxury cruise liner, the 23,340-ton Fuji Maru, was delivered yesterday to owners Mitsui OSK Lines and Mitsui OSK Passenger Line in a ceremony in Kobe before beginning its maiden voyage to Japanese and South-east Asian ports. The Fuji Maru. named after Japan's
      AFP  -  109 words
    • Article, Illustration
      Lock icon Intra-regional trade in Asia on the rise
      528 24 Lloyd's Maritime Asia TRADE PATTERNS within Asia —are changing fast with obvious ~jnajor implications for shipping lines and ports. The main shift appears to be away from colonial-era dominance of such trading partners as the US and Europe. Emerging in their place are
      Lloyd's Maritime Asia  -  528 words
    • Article
      Lock icon Services in Far East-Europe trade beefed up
      509 24 International Transport Journal ALTHOUGH high-level politics naturally is never far away, individual lines in the Far EastEurope trade are quietly continuing to impose their position, which can never do any harm in an uncertain situation. Concerning the Norasia/SeaLand combination, Sea-Land now seems to
      International Transport Journal  -  509 words
    • Article, Illustration
      World Port Conditions
      282 24 All surveys were conducted on March 28. ASIA Bangladesh: Chittagong 30 vessels operating. Mongla 15 vessels operating. China: Xingang and Shanghai Normal operation. India: Calcutta. Madras and Kandla Waiting time of up to one week iuticorin Waiting time of up to ve days. "Bombay Waiting time of
      282 words
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      Lock icon Maritime law — Britannia still rules the waves
      829 24  - Maritime law Britannia still rules the waves By GRAHAM HOGG, By GRAHAM HOGG, a partner of London law firm Holman, Fenwlck ft Wilan Fairplay FINDING a tropical fruit expert at short notice is not the easiest of tasks especially when you give him a day's notice to cancel his plans
      Fairplay  -  829 words
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      Fresh alternative from Sea Containers
      83 24 AFTER THE COMPLETION of successful trials transporting milk products, fruit )ulcss and lager beers, Sea Containers Introduced Its new Refrigerated Tank Container Id the New Zealand freight and transport Industry recently. The new tank Is designed to operate within ambient temperatures of -30 degrees C
      83 words
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      Who acts for whom ...
      2244 24 Who acts for whom A B A 8 Shipping BousMtd Shpg AgtnclM <S) ABC Conteinerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Una (PK/PN) Ahrenkiel Linar Kim Shpg (S) AHrad C Toepter Oceenua Shipping Agancy (S)/Mulhport Sdn Bhd (PK) Alltrans Antrim Express (S) American President Linaa
      2,244 words
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      New face in Indian leasing offering novel scheme
      414 25  -  By SHIRISH NAOKARNI,AJIT AGHARKHAR THE SHIPPING CREDIT and Investment Company of India (SCICI), a financial agency, recently entered the leasing business by offering a ship on a fiveyear lease to Great Eastern Shipping Co. The leasing agreement, the first of its kind
      414 words
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      London Freights
      1038 25 DRY CARGO freight chartering remained fairly quiet on Tuesday, and a lower rate on the US Gulf/Japan grain route mainly reflected a six points drop in the Baltic Freight Index to 1,621. A rate of U5526.75 was paid for this business and its Baltic sub-index was marked down
      1,038 words
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      SHIPPING LIST where your ships are due...and when
      6136 32 AARHUS Mataram. D|asagetri. April 17/20 Norasis Samaniha. Norssls Lin*. April 20. Anna Macrtk. Maersk Lin*. April 20 Largs Bay. Triot, April 20<PK). Fu Hu. China Oc*an Shpg. April 21. Ming Promotion, Yang Ming. AprH 23 Ev*r Gu**t. Ev*rgr**n. April 24 Selandia. ScanOutcht.
      6,136 words
    • Article
      Lock icon State of emergency declared at Indian ports
      233 34 Reuter THE INDIAN GOVERNMENT has taken tough action to break an indefinite strike by some 300,000 dockworkers that has virtually halted all work at the country's ports. Port authorities at India's three main ports had declared a state of emergency to overcome a
      Reuter  -  233 words
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      Lock icon Ships diverted to Karachi port
      134 34 Reuter ABOUT 50 INDIA-BOUND ships have been diverted to Karachi, Pakistan, to unload containers as a result of the dockworkers' strike at Indian ports. A Karachi port official said yesterday, "We are working at 100 per cent occupancy. "We are accepting and unloading India-bound containers
      Reuter  -  134 words
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      Lock icon Brazilian coffee and soy exporters worried about strike
      145 34 Reuter BRAZIL'S national port strike is causing concern among coffee and soy traders, but cocoa and oil exporters said the strike had not affected these exports. The port of Santos, Latin America's busiest, has been strike-bound since April 11. Brazil's other ports
      Reuter  -  145 words
    • Article
      Lock icon UK dockers edge closer to strike
      130 34 Reuter PROSPECTS of a national dock strike in Britain grew when talks broke down between union leaders and port employers on Wednesday over the planned abolition of a jobs-for-life scheme. Ron Todd, leader of the Transport and General Workers Union (TGWU) which represents the
      Reuter  -  130 words
    • Article
      Container schedules/ships in port
      1482 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdne FCL Arrival LCL movement Ship Voy date/time Op code cargo schedule Location Mo«*n 10s *****9 1400 Ml 97 0700-07® E2 B Penogo VI 20 04 89 1900 Ml tt 0930 1000 A7 As PVM 140 20 04
      1,482 words
    • Article
      Shipping events
      301 34 April 18-21 Expoship 89, international marine conference and exhibition. Barbican Centre, London. April 22-28 International Association of Ports and Harbours conference. Miami. Details: Port of Miami-lAPH, 1015 North America, Miami, Florida. April 25-27 Marine cargo liabilities. practical maritime studies seminar. Ramada Hotel. 10 Berners St. London Wl. May
      301 words
  • Page 23 Advertisements
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      5 23 9N GAfO at r*STP Distributors
      5 words
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      Page 23 Advertisements Column 2
      17 23 Linos and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 23 Advertisements Column 3
      389 23 ]"^<"|%:(+|>?'??-;]?"?$$!"}:*/, ADVERTISEMENT Qoing for Number One f r-f" -SfJ LIVING WITHOUT GSP Singapore's exporters no longer enjoy special tariff concessions that gave them a boost in America's giant consumer market, so they're tightening their belts to keep their products competitive. The strengthening Singapore dollar and a tight labour market are
      389 words
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      Page 23 Advertisements Column 4
      148 23 INSIDE m u ay ■v F Si. E* *r Shifts in Asian trade patterns TRADE PATTERNS within Asia are changing fast with obvious major implications for shipping lines and ports. The main shift appears to be away from colonial-era dominance of such trading partners as the US and Europe. PAGE
      148 words
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  • Page 25 Advertisements
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      1203 25 OOCL PmlicrtU'tl K> Cjuulity Scvict* 9S JARDtNE SHIPPING AGENCIES »0 CantonMNt Road *12 06 SanttipaitH. Suippora OK* rat 221 am nux NO IB Mm TtMMNAI/CfS Tat ***** M 220 BOOKINGS Tat ***** 2JS nvmA JAROINE SHIPPING AGENCIES SON. MO. PONT KELANG TEL 36M1U Tatai Na. MA3H77/MAJJ/OI PI NANS TIL (*****
      1,203 words
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      Page 25 Advertisements Column 2
      1042 25 DESTINATIONS MARCHEN M LEISE M LOUIS M MARGRETHE M LARS M LAURA M 25/4 26/4 2/5 3ft 9/5 I(VS 16/5 23/5 30ft In Pt 21/4 27/4 28/4 4/5 5/5 11/5 12/5 18/5 19/5 25/5 26/5 2/6 9/6 13/5 14/5 17/5 20/5 21/5 24/5 27/5 26/5 31/5 3/6 4/6 7/6 10/6
      1,042 words
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      647 26 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT LARGS BAY BREMEN EXPRESS BENCAIRN LONDON EXPRESS HAMBURG EXPRESS LA SEINE BENALDER BENAVON P KELANG SOUTHAMPTON 22/4 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP LE HAVRE 16/5 ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHIIS, GOTHENBURG. MALMO. HELSINKI, OSLO. AMSTERDAM. CARIBBEAN S. AMERICA
      647 words
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      Page 26 Advertisements Column 2
      382 26 V rr COLUMBUS LINE REEDERE 1 GMBH /> -CP'. -C has«9!.BG?>Wf >> ■£>*- '>TA>£= 'C Llßl »M "I'.M Kimba, Alotau, Ibdirw (Di Port Moresby, Lm, Ratxaui a *tr> 2 a SMN SOC'E T E MAURIOENNE DE NAV GAT'ON TEE SOCiE T E BOURBONNA SE DE NAVIGATION 111 I.'H'MTI G.n.f., A
      382 words
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      Page 26 Advertisements Column 3
      786 26 I t rcqucab independent full contamer service TO EUROPE (VIA raocß) Ksrssr I i a I a NOHASIA MUBARAK VSSO7-3 2» 3/5 S/5 »/s i* NORASIA AL MANSOORAH VB9OB-3 S/5 10/5 12# jl > U K (Avhu.. Copenhagen, GothonfcuqJ Bremen via Hamburg TO MEDITERRANEAN/RED SEA NORASIA SAMANTHA V 8905-3 tyl
      786 words
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      1193 27 Steamers Maritime Holdings Ltd W4P&O l^Cnnt Containers CONTAINER SERVICE TO UK CONTINENT [CONTAINERSHIP SERVICE FROM UK CONTINENT HAM BUM EXPRESS LA SEINE* BENALOER BENAVON TOKYO BAY OSAKA BAY NIPPON ICA TOLAfiA BAY H'burg B'htvoi R*dwn Le* S'too SmM SmM SmM Siit»d Sailed Siiled SiiM Siitod SaM Sailed SmM SaMd Salad
      1,193 words
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      Page 27 Advertisements Column 2
      889 27 TSkCHO YANG LINE Alio acccptinf tar Inland UK dcftinattons Antwerp and Scandinavian parts. WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE EASTBOUWD CHOYANG PARK OIE HANJIN OAKLAND «1E CHOYANG SUCCESS IS HANJIN TONGHAE OWE L* tar HK/KAO/KOK/YOKO/BUSAN PMC FtOTA MERCANTE GR ANCOLOMBIAN A, S.A TARPON SANTIAGO OC-Ut 24 Apr
      889 words
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      Page 27 Advertisements Column 3
      137 27 ftA y EAST MALAYSIA SUPPING EMT. (PTE) LTB 41-A AHOY STREET, S'PORI OW6 TEL: 222*311 (4LimES) TELEX NO. EMVES RS2S3SS SINGAPORE TO SARAWAK BRUNEI VESSEL VOY ETA ETD SRI LIKU Im MIRI/K. BELAIT 26/4 27/4 R«c*tviM( cargo at K2 (PSA Hmhu Wharf) from Monday to Saturday. (MARINA WHARF OFFICE TEL
      137 words
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      Page 27 Advertisements Column 4
      311 27 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Une«) TLX R*****1 R*****2 fc. i: \sll iv\ < \i: i STRAITS/ WU/ STRAITS IWltt SPECIALIST IN RO-R0 HEAVY LIFTJ IML LINTERMARITIME SOUTHERN AFRICA SERVICE SPORE PK OBN CT MERCHANT PRELUDE VST SM ML VM* Ifi ML VSS* 12* •Also c*ll«
      311 words
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      394 28 mSINOSE MARITIME PTE LTD ISLAMIC RiPUSLIC OF IRAN SHIPPING LINOS Singapore Loading for:IRAN MEEAD PJLSBI Eta 19/4 BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V.3S KYOWA VIOLET V 25 HK LOAD FOR: 5/5 VILA, NMA. LTK, SUVA, PAGO. APIA 26/5 GUAM. SAIPAN. HRA, VILA. NMA. LTK.
      394 words
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      Page 28 Advertisements Column 2
      649 28 TO EUROPE VIA SUEZ HANJIN SHIPPING CO., LTD. V SEF.VC I TO USA PACIFIC SOUTH WEST Sport LaHavr* R'tfam H'burg B'haven Fitow* HANJIN MAS AN OWN 22/4 HANJIN LE HAVRE 001* 2*4 QUEEN'S WAY BRIDGE OtW S/5 CHOYANC PARK 02* 13/5 lors 11/5 12/5 14/5 IS/S 17/5 11/5 19/5 21/5
      649 words
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      Page 28 Advertisements Column 3
      241 28 INTEROCEAN LINE 78, 2nd Root, Mm 2/71, Tainan Tun Dr. Hurt, #0000 KL. Tel: 71*734, ******4, *****34 TLX. NO. MA-37M3 FAX: 03-*****11 P«n«ng Off: Tal: *****7. *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR SYD. MELB. ADE BRIS. FREM LE HVE. HBG. BREMEN. ROAM, GENOA. ANTWERP. UK PORTS SCANDINAVIA
      241 words
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      Page 28 Advertisements Column 4
      930 28 SI ii EVERGREEN 1 "~_uh_Cu? !,il!!t-' Sti'.'i.? I Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ryca 25tl SiL 25L rrC> BAI. U«V AfMT MM rL* H«C SSP EVER GENTRY I, ,W,lWl, l7 l, »*W aa ?i£ !S5 SC £55 IMR 0/ vm w w a! S EVER GOVERN lOffi. IUOS iMfc i;,« IMS
      930 words
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      636 29 PW PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES [FAR EAST MA PEARL HAJ OUAMQ MAJAPAHfT ACCEPTING MURURAN/TOMAKOMAI/HfTACHI CARGO VIA HKG IBELAWAN/STRAITS VESSEL VOY SM BLW PEN PKL 9M SEA GLORY MO7 SLO 20/4 >1/4 22/4 23/4 SEA GLORY MM 29/4 27/4 29/4
      636 words
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      Page 29 Advertisements Column 2
      228 29 IMORBULK IMOnaULK CARGO SERVICES LTD. T REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES SPORE MARATHON UNITED AGENCY PTE LTD TEL 2A***** KL/PK S p YEO SHPO t TRDO KL: 7&39M-4 PK 36M101 SABAH TRANSPAC KK TEL SM«« 2512*« t BREAKBULK SERVICE TO EUROPE/UK S'port P Keling Loading For FINNFALCON NLMOI 30/4
      228 words
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      Page 29 Advertisements Column 3
      210 29 \rm BEN LINE *Vk CONTAINERS If <Z-\ TASMAN ASIA SHIPPING a Bil If i SIN MAIN LINE (TS) HKC NOUMEA SUVA AKL «,4 TA NAVKATOO OS W 2/C 3* 13/S TA EXPlOatt IS WS l» lW 2CVS TA MA*IN» IS 5* 1/7 4/7 ACRITAS SN R MUSSEL «N TA NAVIGATOR
      210 words
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      Page 29 Advertisements Column 4
      582 29 DJASAGETRI A Joint Europe Service Of: p.t. rmrarta um *t. (am iim P.T. SMMOERA IRRORESU P.T. TMKORA LLOYI EXPRESS SEMI CONTAINERSNIP SERVICES VSL/VOY SPORE ANTWERP H'BURG/ R DAM/ADAM BREMEN PALEMBANG VI CH/WB 23-25/4 23/5 26/5 KUTAI/17WB 10-13/6 13/ 18 S. PANJANG/22 WB 19 ?2J 6 124/7 27/7 Bnb)oct to tnduc*m«f>t.
      582 words
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      Page 29 Advertisements Column 5
      339 29 BOUSTEAD SHIPPING AGENCIES PAGAN VI4OW HTONEYWA VMM PA AN VI37W MriTKYKNAR V3G9W MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok I*ls Apr 17(11 Apr 2* lANK UNE NORTHBOUND TO UKC SPORE ROAM HMBG HULL TAMATAI SAMOA VISN 25/4 22/5 26/5 12/6 FORTHBANK V24N 17/5
      339 words
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      Page 30 Advertisements Column 1
      729 30 fEXPORT SEVEN SEAS BRIDGE HONGKONG CONTAINER iRHEIN BRIDGE HUMBER BRIDGE I ■^AFUOtR Dumber bridge 7RANSWORLD BRIDGE NEPTUNE RUBY CHINA CONTAINER PEEDER VESSEL ■AENAM BRIDGE 4 Kline KAWASAKI KISLN KAISHA. LID. "ITHT33TS rtTTCTyTTI EXPORT NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET IMPORT I 5 tit' »ui irtuiJ 71W 20/4 60*
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      Page 30 Advertisements Column 2
      495 30 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCLVFCL Containers Smppore P Mm| Pern* loading Mr 4 Mother Vtf By Feeder By Feeder KALIDAS *42 14 Ma, Ik, I Mat Frem/Ma*Sydn/A<M TULSIOAS *41 1 June 26 Mi; X toy Fr«mflMb/Sy«i/AM KAIIOAS *43 9 jut, 3 Jul, IMy Frem/Mett>,Sydn/A<M TULSIOAS Y42 27 M, 21
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      Page 30 Advertisements Column 3
      485 30 r \£2SL GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD tL-'- IT n -j a. T*M Avar stract J $l*CAfO«r 0104 TU: S34JW (U LINES) Fat: 9435 M STRAITS/PERSIAN GULF SERVICE: Span p. Gutter* Penan* GOLDEN HAVEN Cotomto/Kncki/IMai 21/22 Apr J OOLOEN BEAR Cotonbo Duty. M May CHINA SUVICt ■V MM
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      Page 30 Advertisements Column 4
      346 30 LINES PTE LTD P HEAD OFFICE 63 ROBINSON ROAD »07-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FA* *****76 BUT/MR EAST FO. ft LCI ETA SINGAPORE a/4. *w *4, w in rii'v '< I '7* ■jll'l il-'jiM"" rv J' .V fiT." n iK"m V"T jCHITTAGOWG jttUfl an» MOMBASA, DARESSALAM
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      Page 31 Advertisements Column 1
      738 31 KNIME MZNCES PIC. LTD. BwfciM 000* HWJ Inward/ rtrowwl re (UMttsr ipa/sfa Oui»»d *****22 2mnj mint twm EXPORT IMPORT FEEDER VSL N. Emerald 07N N. Ivory 12N N. Emerald 08N N. Ivory 13N mmmmw STL VAN CHI TOR 15/5 17/5 18/5 24/5 MOTHER VSL N. Crystal 52E J. Alliance 60E
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      Page 31 Advertisements Column 2
      208 31 2EA je container line TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) r--<* PORT KELANC PENANG BANGKOK HONG KONG CHINA KAOHSIUNG MANILA BIISAN TOKYO KOfiE NAOOVA YOKOHAMA li'- If. fffIMRMI a/4 I 30/4 VAZ 25/4 4 2/5 25/4 A 2/5 25/4 2/5 SRI LANKA/ INDIA J
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      Page 31 Advertisements Column 3
      407 31 -T OOh AM HEUNGA SHIPPING Korean Flag Vessels SEM -CONTAINERISE: P KE'wANG PENANG K! 0IR£( ELUNC SERVICE T C 9JSAN iNCHO* Vassal'* Nam* ETD BS S'*o«E PKLC KEE BUSAN MO JI GLORIA/W4N 13AM 23-2404 2425/W 0401/04 NO I DONAM/»4N I*o4 25 31/04 01-03/06 11-11*5 14 I*os 15/05 DRAGNET/504N 21/04 03-04/06
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      Page 31 Advertisements Column 4
      661 31 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 ***** KMM p «hmc MESSRS MAI THONG SHIPPING 12/ PmnSM, PNWftMaMMi KJ HANOI INC SYSTEM CO SON. MO CaWK
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      Page 32 Advertisements Column 1
      323 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. fit m (114 U«M FAX ?»2«»/?MttIM KUX MS MWB A/H SSCMA US WWI A/H SSCAI) E SR-LIMES i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND HAVEL LAND 4/» 0. GROTEWOHL 4/» RUEBELAND 4/89 E. THAELMANN 4/» T. WEN
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      Page 32 Advertisements Column 2
      42 32 T.S.K LIME WEEKLY CONTAINERISED SERVICE <•«"> f|x£o OA' ARRIVAL HUL-'Bi.'JfTT'iTTirnirrTM EXPORTS TO SURABAYA AOENCCS (S) PTE LTD TEL: 23SMM I W. MALAYSIA AGENT: TRANS-ASIA SHIPPMO COM* I TEL: K.L *****77 PttL *****64 PNG 612M2 1 HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE
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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
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      156 32 A n Regional Weather i Wi iTTI > V 3i>a 91 W m LL' iW. Wv< SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JOAJL April 20, Itt» R Thunderstorm TempwaMre c A\ A Weather Wind drection with speed *t knots Wove height W(k« '»I»4l (Kt mdKated b» arrows wtwcfc Hy wttfc
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      798 33 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 C IRAQI LINE I' i'so' S'ST( to* nn! «i T«4*S»C«T EAST BOUND SERVICE MV ALWASITTI ETA S PORE Sid LOADING FOR S. Korea, Japan THROUGH B/Ls to BAGHDAO UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA t BAGHDAD REEFER SPACE
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      Page 33 Advertisements Column 2
      645 33 SIGMA EXPRESS (S) PTE LTD FAX *****75 TLX RS ***** SHIP TEL: *****44 (6 Lines) ACCEPTING CARGOES FOR: COLOMBO 23/4 HONGKONG 25/4 BUSAN 27/4 TOKYO 25/4 KEELUNG 25/4 MUARA/LABUAN/KK 21/4 KUCHING/SIBU 22/4 BANGKOK 21/4 KOBE/NAGOYA 25/4 YOKOHAMA 25/4 BOMBAY 24/4 LE HAVRE/HAMBURG 24/4 FELIXSTOWE/R'DAM 24/4 MANILA 23/4 FREMANTLE 30/4 SYDNEY/MELBOURNE
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      Page 33 Advertisements Column 3
      180 33 BALTIC ORIENT SHIPPING PTE LTD. M F BENGAL SERVICE LEUVE 02W SUSAK MM BANGLAR URMI 2tfW TIGER BAY OH TIGER BAY (SN TIGER BAY C7N LEUVE CE-CN SUSAK MM I. YAMBURENKO A&SIB9 A. GONCHAROV 07SW an MM L 3/5 11/5 1/5 C/ 5 13/5 U/5 s/4 29*4 2M VIETNAM RO/RO
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      Page 33 Advertisements Column 4
      93 33 FARGO SHIPPING TWIS&4 01SS j DESTINATION ETA SINGAPORE KEELUNG, KAOHSIUNG JAKARTA (FCL ONLY) TOKYO, KOBE, BUSAN (Fa ONLY) KARACHI, BOMBAY, COLOMBO (Fa ONLY) 25/4, 2/5, *5, 15/5, 23/5, 30/5 23/4, 30/4, 7/5, 14/5, 21/5 27/4, 2/5, 1/5, 21/5, S/t, 23/1 ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND Abo kcmUhi ctrio to
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      Page 34 Advertisements Column 1
      175 34 ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer) and breakbulk cargo for both north and southbound. Heavylift capacity upto 60 tons. Vessel S'pore Penang T'ville Loading For "ANKE" VISB 21-22/4 25-26/4 12/5 Townsville, Port Moresby, Lae "ANKE" V2SB 24-25/5 21-22/5 10/6 (other ports
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      Page 34 Advertisements Column 2
      28 34 For further information or enquiries: Keppel/Marina Wharves *****66 Jurong Port *****66 Sembawang *****22 Pasir Panjang *****44 Expeditors International (Pac-Bridge Shipping) UaS-Aa TWICE WEEKLY EUROPE WEEKLY PLEASE CALL: *****24
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      Page 34 Advertisements Column 3
      497 34 p*•V»V»V#'i#V«V«VV#V»I LiVI CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUTANC SO >. BUTANC MS B. BUTANC SO B. BUTANC S« OTHER DESTINATIONS: AARHUS, AMSTERDAM. ANTWERP.
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