The Business Times, 2 May 1989
1989-05-02
1
28
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The Business Times
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Title Section11 1989-05-02 1 BUSINESS TIMES MCI <P) 4S/12/88 TUESDAY, MAY 2, 1989 75 CENTS11 words
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Article109 1989-05-02 1 Dow down NEW WORRY that the Federal Reserve may have to tighten credit again sent the New York stock market reeling yesterday morning. The Dow was down 19 points at 2,399 and declining issues far outran gainers. Reuter Stock Indices Monday HK Hang Seng Index 3,123.87 7.84109 words
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Article103 1989-05-02 1 WHILE SINGAPORE and Malaysia were celebrating Labour Day yesterday, regional markets generally gained ground. In Tokyo, the Nikkei index rose 79.82 points or 0.23 per cent, to reach a fourth straight record closing of 33,793.17. Volume was a modest 900 million shares. In Hongkong, the Hang103 words
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Article81 1989-05-02 1 THE US DOLLAR ended firmer against major currencies in Asia's foreign exchanges yesterday despite several rounds of selling by Japan's central bank as the greenback surged past 133 yen. Dealers said the Bank of Japan sold about US$2OO million for the yen at least four81 words
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Article114 1989-05-02 1 Bernama MALAYSIA'S Deputy Home Minister said that the status and sovereignty of Malays would be threatened if New Umno was prevented from holding political power in Malaysia. Datuk Megat Junid Megat Ayub said yesterday that the sovereignty and stability of New Umno wereBernama - 114 words
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Article, Illustration646 1989-05-02 1 TAN KEE WEE - Preliminary B.4pc growth in first quarter By TAN KEE WEE THE ECONOMY grew by 8.4 per cent in the first quarter, in line with overall 1989 forecasts. The government has therefore decided to raise employers Central Provident Fund contribution646 words
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376 1989-05-02 1 BOTH EMPLOYERS and unions must see the latest Central Provident Fund adjustments as part of the overall wage increase for the year, said Trade and Industry Minister Lee Hsien Loong in his May Day message. Labour Minister Lee Yock Suan yesterday announced that376 words
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577 1989-05-02 1 AP A JAPANESE OFFICIAL in Tokyo takes an hour to lay out Japan's position on a thorny trade issue, then comes to the bottom line on his country's response to Washington's demand: "It's impossible." Not all issues between Japan and the USAP - 577 words
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295 1989-05-02 1 Reuter US VICE-PRESIDENT Dan Quayle spoke out in Jakarta yesterday in favour of free markets and an end to trade barriers. Addressing a breakfast meeting of the American Chamber of Commerce in Indonesia, Mr Quayle reiterated Washington's support for multilateral agreements to keep marketsReuter - 295 words
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Page 1 Advertisements
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Advertisement295 1989-05-02 1 Nikon The World's Finest Photographic System. How broking arms of the Big Four banks fare MARKET ACTIVITY on the local stock exchange recently reached record-breaking levels and brokers are smiling again. But the results of the stockbroking firms of the Big Four banks last year tell a different story. Their295 words
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Advertisement204 1989-05-02 1 Labour Day Round-up on BACK PAGE: Generally peaceful celebrations in Asia; NTUC president on 'short-sighted' employers; Architect Choe tops May Day honours +=>+\!=$]$_;-!<:!'(@%&:%}"@*."* Editorial Comment: 8 Cleansing the body politic Shipyards 8 Full steam ahead Ozone 8 Revising the Montreal accord US industry 2 Output picked up in April Technology204 words
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Advertisement72 1989-05-02 1 The World s Finest Photographic System Increase productivity with Brother laser and computer printers, word processors,electronic typewriters and facsimiles. Visit our Middle Road Showroom or call 743-8000. Brother Business Mochines Sfn»roon> #01-02GSMBu**ng<Groi#x«Ftoar). 141 MktdtoAoad Singapor«o7lB OS) 331 >000 Sngmxxe #02-06 Great Pacific Wvehous*. 7 Katu ooMFloaa2 Singapore 1441. 744-0000 Mm.w72 words
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OVERSEAS
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696 1989-05-02 2 NYT THE BUSINESS activity of industrial companies in the US grew at a faster pace in April after three consecutive months of faltering growth, according to a report by the National Association of Purchasing Managers. The association's overall index of businessNYT - 696 words
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347 1989-05-02 2 AP THE US Commerce Department has drafted a wide-ranging study that urges a coordinated government policy to stop the erosion of the US electronics industry, according to department officials. Jack McPhee, director of the Office of Computers and Business Equipment,AP - 347 words
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233 1989-05-02 2 AFP IT WILL probably take four to five years for the US to eliminate its external deficits "in an orderly fashion", the president of the Federal Reserve Bank of New York said on Sunday. And the bank warned thatAFP - 233 words
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294 1989-05-02 2 AP PRESIDENT George Bush does not share Defence Secretary Dick Cheney's view that Soviet President Mikhail Gorbachev will fail in his efforts to reform the Soviet Union. "I think the president and Secretary (of State James) Baker are hoping thatAP - 294 words
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268 1989-05-02 2 AFP FORMER BRITISH defence secretary Michael Heseltine said that Britain's opposition to a common European currency and a single European central bank would be indefensible after 1992. when the EC is due to abolish internal trade barriers Mr Heseltine, who resigned in 1986AFP - 268 words
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Article211 1989-05-02 2 Reuter PRESIDENT Corazon Aquino. facing threats of a national strike, yesterday rejected a demand by labour unions for a 47 per cent rise in minimum wages, saying it would undermine the economic recovery of the Philippines "Legislating a minimum wage that will drive up pricesReuter - 211 words
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463 1989-05-02 2 Bernama ISSUES related to the refinancing of Malaysia's yen-based loans and measures to further encourage the export of the country's manufactured goods to Japan are likely to be raised during talks between Malaysian Prime Minister Datuk Seri Or Mahathir Mohamad and his JapaneseBernama - 463 words
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Article860 1989-05-02 2 ARRIVALS Operator Service Local From number Hm» MAS MH625 0005 KUL GU GA990 0035 CGK SIA soon 0040 LAX/NRT UAL UA805 0055 SFO/HKG CAL 0341 0155 TPC KAl KE697 0155 sa NCA KZ207 0215 NRT ALK UL455 0300 TYO FTL FT75 0315 DFW/CWD/ANC N*T/MNL/TPC JAL JL617 0340860 words
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Page 2 Advertisements
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Advertisement142 1989-05-02 2 ,i .j LTTTiiiniimiimnnm.i I m s Vjin \\\UV V; f m m WBBi la. V. m m m 'if. They're probably eating at le Restaurant de France. And who can blame them? Serving what is probably the finest French cuisine in town naturally makes us popular. Our service even includes142 words
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Advertisement35 1989-05-02 2 The bmirtrtj person'schokc every Tuesday, Thursdjv. Saturday and Sunday. Leaving CKangi Airport at 12M hours and arriving Heathrow early the following morning. Cillnxir Tnvel Agent or Air Ctnxh at *****55. A BREATH OF FRESH AIR35 words
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Page 2 Miscellaneous
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Miscellaneous107 1989-05-02 2 Doonesbury HOU GOULD A STTTINGPRESIPEM BECOME SO IRRELEVANT THAT 9 OUT OF TO AMERICANS HAVE J FOR6CTTEN ALL FOUR OF HIS 1 NAMES? FOR GEORGE BUSH, IT'S AN FOR YEARS, HE HAS REFUSEV TO PEFHNE HIMSELF, TO GIVE HIS POLITICAL PERSONA ANY SHAPE OK SUBSTANCE THAT MIGHT OFFENP... OLP PROBLEM...107 words
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TECHNOLOGY
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Article, Illustration565 1989-05-02 3 JEFFREY TSANG - —By JEFFREY TSANG [?(•>— mmm CHEQUES. In spite of electronic money and credit cards few can go through life without writing at least one. And for most, cheques are a crucial method of payment of bills and also the centre of most personal accounting565 words
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231 1989-05-02 3 Reuter AN AMERICAN government plan to map the human genetic code, backed by Congress on grounds that it would help preserve US leadership in biotechnology, is rapidly becoming international in scope. Several European countries and Japan may ultimately gain a role inReuter - 231 words
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Article, Illustration407 1989-05-02 3 MARTIN SOONG - By MARTIN SOONG TO COUNTER protectionism, NCR, an American computer and office automation giant, is studying the feasibility of setting up a manufacturing base in Singapore. If it decides to manufacture here, it would cap the company's current aggressive expansion drive, and take407 words
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Page 3 Advertisements
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Advertisement164 1989-05-02 3 UihTlR StDi "5° RISING is author Tom Clancy's masterpiece of suspense and adventure steeped in the realism of modern warfare. O C,an fr ha# ,eamed U P w,th software house MicroProse to produce Hod Storm RMng, the game, so that Storm fans can live through the J !f an f164 words
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Advertisement216 1989-05-02 3 SPWTECH 3Y03-0100 SG m m y J KIWJiX^ -X 7 V 5/ V K:-- W- r/ v<v'.. v, 4 N > X v > V V v > X X X T t H si >7! n^. VmlMzJ'. lIfV ißSp&Vt' Wi'^l ■vl: >v\ v Seiko Sport-Tech. T\)hs "The Latest Sports216 words
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MONEY AND EXCHANGES
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383 1989-05-02 4 Number Indicative Gross Coupon Amount Interest of days of middle prke redemption Motor ity Year raised rate million) payment occrued (excluding yield pa) dates interest accrued pa) interest) 1.6.86/89 Loan 1 1971 •5% 65.46 1/6. 1/12 150 •100.20 •3.24 1.6.89383 words
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Article491 1989-05-02 4 JAKARTA: The US dollar was fixed at 1756/1762 yesterday. HONGKONG: The US dollar rose sharply yesterday, overcoming dollar sales by the Bank of Japan. The dollar rose to 1.8855/65 marks and 133.85/95 yen from *****/15 and 132.95/05 in New York on Friday. Dealers in Tokyo said the Bank491 words
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206 1989-05-02 4 Reuter TAIWAN'S foreign debt (ell to its lowest level in more than a decade last year and is projected to slip even lower this year, the Central Bank said. Foreign debt in calendar 1988 was US$l.53 billion, revised upwards from US$l.5l billion. TheReuter - 206 words
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Article98 1989-05-02 4 MOST IMM foreign currency futures ended sharply lower last Friday with a late spurt of selling pushing Swiss francs and yen to session lows. Prices scored the bulk of their losses by midmorning and afternoon activity was quiet overall. Brokers said late weakness represented selling by fund managers on98 words
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Article, Illustration1054 1989-05-02 4 Concept being tested in Cleveland, Phoenix NYT LIKE Titans curious but still wary of each other, the US credit-card and fast-food industries are exploring an alliance. All three of the leading credit-card companies Visa. MasterCard, and American Express are holding talks with fast-foodNYT - 1,054 words
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Page 4 Advertisements
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Advertisement64 1989-05-02 4 Following the acquisition of 49 percent of the Company by Barclays de Zoete Wedd, the investment banking arm of the Barclays Bank Group PACIFIC UNION COMPANY (PRIVATE) LIMITED announces a change of name to BZW-PACIFIC UNION PRIVATE LIMITED Member of the Stock Exchange of Singapore Limited 50 Raffles Place, 10-0164 words
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BANKING AND FINANCE
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777 1989-05-02 5 PAUL FRANKLAND - mm® by PAUL FRANKLAND MOST PROBABLY you have never given all those goods you carry across town, on lorries or in cars, a second thought. All too easily, you assume that they are in a comfortable sort of Hmbo, neither your responsibility nor777 words
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198 1989-05-02 5 NYT LLOYDS BANK pic announced last week that it was withdrawing as a primary dealer in treasury securities, effective immediately. The London-based bank said that while it had not lost money in its treasury operation, "our return on capital invested has notNYT - 198 words
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365 1989-05-02 5 AFP THE TWO CHINAS will face each other uneasily at an historic moment in Beijing this week when they join some of the world's top finance officials at the Asian Development Bank (ADB) annual meeting. The Manila-based ADB is the only major internationalAFP - 365 words
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691 1989-05-02 5 Longer hours for currency trading Reuter BANKERS' HOURS, once synonymous with a late start and an early finish, can now extend until after midnight in Tokyo. Banks and brokers are working the night shift to capture more business and boost foreign exchangeReuter - 691 words
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Page 5 Advertisements
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Advertisement123 1989-05-02 5 FOR SALE BY TENDER 2 PRIME FREEHOLD OFFICE REDEVELOPMENT SITES SINDO HOUSE, 37/39 ROBINSON ROAD, AND RAMAYANA BUILDING, 4S/47 ROBINSON ROAD, SINGAPORE RAMAYANA UDO h ROBINSON ROAD SHENTON WAY Prime office location along Robinson Road between McCallum and Boon Tat Streets in the Central Business District of Singapore. Sindo House123 words
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Advertisement319 1989-05-02 5 T ■51 *N. a -~i f 9** w v*» r iSf o vr L? <1 *> ..»V &VM if <.l f^rZW^M I JcW o m. v? M vf U r JJ WAV II V V I r* 9 > P I .»r <*■ s w A WORKING OVERTIME AT THE319 words
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COMMODITIES
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474 1989-05-02 6 Up to 6 million bpd expected next year Reuter IRAQ'S OIL export capacity will rise to 5.5-6.0 million barrels per day (bpd) next year. Oil Minister Issam Abdul-Rahim al-Chalabi told the Middle East Economic Survey (Mees). In an interview with Mees in Baghdad, MrReuter - 474 words
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Article162 1989-05-02 6 UPI EGYPT raised its crude oil export price on Sunday by 35 cents a barrel, the Egyptian Petroleum Authority announced. The authority said the Premium Suez blend would sell for U5517.75 a barrel as of May 1. The medium-grade Balaim and Ras Badran crudesUPI - 162 words
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Article245 1989-05-02 6 HONGKONG: Gold ended lower in quiet trade yesterday on sales by Australian investors and a firmer US dollar. Dealers said there was light demand from Japanese traders. Dealers expected the metal to trade between US$374 and US$377 in New York. Bullion ended at U*****.5G/376.00 an ounce against an245 words
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Article77 1989-05-02 6 TOKYO: Rubber futures closed 1.4 to 3.5 yen per kg lower in light trading yesterday. The market opened slightly down, moving in line with the yen's weakness against the dollar, but sympathetic selling along with large drops in precious metals markets accelerated in the afternoon The market will be77 words
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Article, Illustration665 1989-05-02 6 Reuter IRAN'S economy is being kept afloat by oil, with political turmoil hitting other options tor recovery after the eight-year-long Gulf war. Economists and oil analysts said Teheran was giving top priority to boosting oil output and export capacity and would holdReuter - 665 words
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Page 6 Advertisements
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Advertisement216 1989-05-02 6 man K e «T V V H fi r- v 7 r 5 *v <*w mK" m i: N# *+-yh% 43 M MMPP^ *>I Sr „r V «u A ♦s. «f **jt' Now Europe's closer with Thai. Non-stop flights to 8 European cities Thai has shortened the distance to Europe216 words
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Advertisement450 1989-05-02 6 REQUIRED READING SINGAPORE BUSINESS YEARBOOK 1989 is a must read for corporate executives, managers, entrepreneurs, professionals, young, aspiring executives, and investors who need to keep theirfingertips on the pulse of the Singapore business scene. ASEAN ECONOMIC SURVEY Challenges Facing Asean Any slow down in the United States and other industrialised450 words
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FOCUS
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Article, Illustration1517 1989-05-02 7 BOEY KIT YIN - In Hongkong, 1997 is not eight years away: the effects of the colony's transition to Chinese rule, to take place that year, have already been felt for some time now and continue to be felt. BOEY KIT YIN of the Foreign Desk summarises a report by1,517 words
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993 1989-05-02 7 HONGKONG'S economy this year will fare better that earlier believed, according to Political Economic Risk Consultancy Ltd. Instead of a projected 5.5 per cent growth, the economy is now expected to expand at 6.1 per cent this year. The main reasons behind this optimistic993 words
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Page 7 Advertisements
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Advertisement43 1989-05-02 7 RALLYE 1989 RENAULT 5 IST 2ND OVERALL CHAMPION COMPETE AMONG 42 CARS IST OVERALL ft IST IN CUSS 3 m LESLIE CHANG DOUGLAS CHUA Wm 2ND OVERALL 1 2ND IN CUSS 3 RODGER ANDERS R.G. JORDAN r «j V, BY SINGAPORE SPORTS CLUB43 words
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Advertisement131 1989-05-02 7 THE UOB GROUP WOULD LIKE TO INTEREST YOU IN A SUBJECT OF HIGH INT eR a Your actual returns at maturity will depend on the prevailing exchange rate Investing in foreign currencies and earning high interest can be a wise move, especially with our competitive rates. What's more we have131 words
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Page 7 Miscellaneous
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Miscellaneous41 1989-05-02 7 Jr. Ll'W// Max/ Note Mexico City Miami Montreal Moscow Nouov N«w Delhi New York Nicosia Olio Paris Perth Rio 'Janeiro Rom« Son Fris'co Son Juan Santiago Sao Poulo Seoul Stockholm Sydney Taipei Tokyo Toronto V one owe r Vienna Warsaw Washington41 words
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PERSPECTIVE
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Article527 1989-05-02 8 BUSINESS TIMES TUESDAY, MAY 2, 1989 THERE IS A JOKE about the Soviet Union. Mikhail Gorbachev and the ghosts of Leonid Brezhnev and Josef Stalin once took a ride on a train. The train stopped. After an hour's wait, Mr Gorbachev wanted to get out and527 words
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Article, Illustration2976 1989-05-02 8 ANDREA BORCH - ANDREA BORCH reports on the boom ANDREA BORCH AT SEMBAWANG Shipyard's big Premier Dock, men are busy spraying the bottom of a tanker with an anti-rust coating. Nearby at another dock, workers are refitting a chemical carrier to extend its seafaring life. Boom days have2,976 words
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Article850 1989-05-02 9 DAVID W JONES - Officials meeting today to discuss revisions to ozone pact By DAVID W JONES UPI GOVERNMENT OFFICIALS from around the world will gather in Helsinki, Finland, today to discuss revisions to the Montreal Protocol, amid mounting evidence the landmark 1987 pact to protect the earth's ozone layer mustUPI - 850 words
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REGIONAL VIEWPOINTS
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Article228 1989-05-02 9 UNITED STATES THE DEFICIT reduction agreement fashioned by President George Bush and the US Congress earlier this month carries with a decided air of deja vu. Using a page out of former President Ronald Reagan's book, the Bush Administration has made do with financial sleight of hand and228 words
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Article206 1989-05-02 9 JAPAN JAPAN'S Prime Minister Noboru Takeshita's coming visit to five Asean countries including Indonesia will indeed be a unique event in terms of its political relevance, or perhaps its irrelevance. Here comes the head of government of Asia's most important economic power who has stated his intention to206 words
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Article227 1989-05-02 9 MALAYSIA WHILE loss-hit Perwira Habib Ban; las recovered somewhat in the last two years, it iiot»s still have a very long way to go before it is back on its own two feet.... Capital restructuring will inevitably include a call for fresh funds from shareholders who will first227 words
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324 1989-05-02 9 Reuter A DECADE OF democratic advances has given more freedom to millions of Latin Americans but failed to fill their empty bellies and dashed many of their hopes. Over the past 10 years, 10 Latin American countries with a population of some 250Reuter - 324 words
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Page 8 Advertisements
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Advertisement181 1989-05-02 8 'hat legal options do you have if you cannot produce this document now? '->1 ggjjggi ■v„ h*. :sss> v?cv 45"51 gStj"sS r r s The answer, quite simply, is Because according to the Income Tax Act, records and documents must be produced in their original form when requested any time181 words
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Advertisement108 1989-05-02 8 swur&et lundjesjfl Jfor tEPbe l&efe MON Pork Chop TUB Pepper Steak ot Roast Beef to $6.80 Pepper Steak or Chicken With $6.80 Red Wine Sauce WED Oxtail Stew or Chicken Chop $6.80 TOUR. Sambal Steak or Half Spring Chicken $6.80 FRJ Mushroom Steak cm- Fish Chips $6.80 SAT Mexican Steak108 words
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Page 9 Advertisements
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Advertisement162 1989-05-02 9 Let your luggage carry your luggage Retractable pull handle transforms sutcase mto luggage cart (patent pending) Retractable strap to strap on excess baggage. Inside, a Wet Pack drvider provides two compartments for organised packing. Easy Carrier's extra height makes it an ideal size for packng most clothing. Two sturdy wide-track162 words
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Advertisement155 1989-05-02 9 At the Carlton Brasserie, you dorit hare to be French. Just fed o MIU II fe« J w% Tired of the same old restaurants? Very pompous and snobbish or slap dash casual The Cariton Brassene is the alternative An informal, friendly restaurant with excellent food Where informal doesn't mean casual155 words
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Page 9 Miscellaneous
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Miscellaneous14 1989-05-02 9 EtoStC^J^C£lCk23S Wou LOOK €.xHPiUST£D HPD F\ SHOo<ir\|G> J00^Ney...... y a PLAMG.. T)?RIM.. BOftT. WftGeCcpjCM....14 words
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LEISURE
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632 1989-05-02 10 ANNIVERSARIES UPI A FLOTILLA of warships, pleasure craft and fireboats spraying showers of red, white and blue last Saturday saluted the 200 th anniversary of George Washington's inauguration as America's first president. As hundreds of thousands of spectators on land and afloat watched, theUPI - 632 words
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SHORT TAKES
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Article, Illustration275 1989-05-02 10 Agencies THE PRODUCERS of the Academy Awards said last Friday that they had appointed a committee to review last month s Oscar show after such Hollywood stars as Julie Andrews and Paul Newman called it an embarrassment. Roger Kahn, president of the Academy ofAgencies - 275 words
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Article, Illustration957 1989-05-02 11 CINEMA NYT IN THE BOOK Krazy Kat: A Novel In Five Panels, Jay Cantor's update of George Herriman's celebrated comic strip, the angry, brick-throwing Ignatz Mouse writes an indignant letter to Offisa Bull Pup that expresses his frustration with his two-dimensional status: "All these yearsNYT - 957 words
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Page 10 Advertisements
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Advertisement852 1989-05-02 10 1 y y, 7, 1. s mrt i \r |g yfk?- y a|gr%wy@gß||piKv::. f-. fSfg^^Sjpj ONE G(X)D REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES PALM sgi For between $2b+ and $40+ I OU can se ect f rom our852 words
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Advertisement94 1989-05-02 10 May 14, '89 Mandarin Ballroom > <* m ii Mother's Day Special Buffet Lunch Live entertainment The latest fashions from top boutiques I Special numbers by Production f D'Orient dance troupe Songs dedicated to Mum Lucky Draw for Mum. Win a beautiful jewellery set. National home appliances and weekend stays94 words
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Page 11 Advertisements
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Advertisement201 1989-05-02 11 mt w, m$ W T ff t M There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international ajisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At201 words
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Page 11 Miscellaneous
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Miscellaneous664 1989-05-02 11 CRYPTIC PUZZLE ACROSS 3 See a girl ol quality (5) 8 A tree or out-of-the-way horse (5) 10 Letter to a god from a girl (5) 11 In one instance, light brown (3) 12 In Egypt it has an air centre (5) 13 He has a |Ob to be himself664 words
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Miscellaneous1309 1989-05-02 11 TV and RADIO Past sorrow, present horror OUR CHOICE THE HAUNTING PASSION, Channel 5, 11.30pm The haunting Jane Seymour in a spook movie. She plays Julie Adams who finds that strange things happen in her new home, because of a past tragedy. Also stars Gerald Mcßaney. CULTURAL MOMENTS, Channel 12,1,309 words
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SPORTS
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Article, Illustration467 1989-05-02 12 German champ sweeps to three-stroke win in Valencia AFP BERNHARD LANGER is back among the ranks of European champions. The 31-year-old West German swept to a three-stroke victory in the Spanish Open golf tournament in Valencia last Sunday, on the course where he playedAFP - 467 words
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248 1989-05-02 12 ATHLETICS AP BANNED SPRINTER Ben Johnson should not be allowed to compete in the next Olympics, says the president of the Canadian Olympic Association. Canada must deal harshly with athletes who used drugs, including muscle-building steroids, said Roger Jackson. "There are many different points of viewAP - 248 words
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297 1989-05-02 12 BASKETBALL AP MAGIC JOHNSON scored 35 points, 20 as Los Angeles took control in the <irst half, and had 12 assists as the two-time defending NBA champion beat Portland 113-105 last Sunday for a 2-0 lead in their play-off series. In other play-offAP - 297 words
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Article313 1989-05-02 12 AP WORLD CUP golf organisers announced last Sunday that the prize money for this year's event will be increased to US$l million and that the tournament probably will return to the US in 1990. The World Cup is scheduled to be held from Nov 16AP - 313 words
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275 1989-05-02 12 Reuter SCOTT HOCH fired a seven-under-par 65 last Saturday to grab a one-stroke lead heading into the final round of the US$l.3 million Las Vegas Invitational golf tournament. Hoch, playing in ideal conditions at the Las Vegas Country Club, finished the round withReuter - 275 words
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Article, Illustration175 1989-05-02 12 MARATHON AFP STEVE BRACE of Britain won a dramatic sprint finish to win the Paris marathon by three seconds from expatriate Czech Paul Klimes last Sunday. The two battled right to the line, with Brace winning in 2:13:3. Klimes clocked 2:13.6 with Peter DaenensAFP - 175 words
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211 1989-05-02 12 MOTORCYCLING AFP EDDIE LAWSON swept to his first win of the season on his new Honda when race leader Kevin Schwantz suffered a lapse of concentration and came off five laps from the end of the 500 cc Spanish motorcycle Grand Prix inAFP - 211 words
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Article140 1989-05-02 12 MOTOR RACING AP THE OMRON PORSCHE driven by Vern Schuppan of Australia, Eje Elgh of Sweden and Japan's Keiji Matsumoto won the All-Japan Fuji 1,000km race by 14 seconds last Sunday. The winning team sped 224 laps around the 4.470-km Fuji Speedway at the foot ofAP - 140 words
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Article280 1989-05-02 12 CRICKET AFP PLAY in the fourth and final Test between the West Indies and India was held up for 20 minutes in Kingston, Jamaica, last Sunday as a near-riot broke out with sections of the crowd hurling bottles on to the pitch. The trouble beganAFP - 280 words
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Article87 1989-05-02 12 AFP AUSTRALIAN cricket skipper Allan Border has urged England's selectors to pick allrounder lan Botham for the forthcoming Ashes series. The Queensland left-hander, who recently patched up his friendship with Botham, believes an Australian win over an England side with Botham in it would carryAFP - 87 words
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Article, Illustration417 1989-05-02 12 A SURENDREN - EPSON SINGAPORE SUPER TENNIS By A SURENDREN TWICE IN TWO WEEKS, a qualifier made it to the final of a Grand Prix tennis tournament and won. First it was Robert Van't Hoff who surprised all in the Korean Open when he defeated Australian Brad417 words
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307 1989-05-02 12 TENNIS AP ALBERTO MANCINI, a 19-year-old Argentine, outduelled Boris Becker under the Riviera sun and shadows to win the U*****,500 Monte Carlo Open last Sunday. Mancini held up more than four hours to beat Becker and his newfound clay court game. 7-5,AP - 307 words
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233 1989-05-02 12 AP MONICA SELES has proved she's better at playing tennis than figuring odds. Seles, 15 years old and unlisted in the world rankings because she has played only five pro events, won her first pro tournament last Sunday, upsetting top-seeded Chris Evert 3-6, 6-1, 6-4 inAP - 233 words
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Page 12 Advertisements
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Advertisement151 1989-05-02 12 t t /> FEATURES: Computerized Fitness Programming for Men 6* Women includes Goals. Exercise. Nutrition and Stress Management Lifecycles Liferower Stair Master Versa Climber Eagle Fitness Equipment Ivanco StarTrac 2000 Treadmills Lockerrooms Steam Sauna Pool Towels provided TV Sl Video Sports Fitness VDO Library Business Seminar VDO Library Jogging Groups.151 words
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COMPANIES & STOCK MARKETS
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638 1989-05-02 13 MAGDALENE NG - By MAGDALENE NG THE DROP in turnover on the Singapore stock exchange last year took its toll on the earnings of the stockbroking arms of the Big Four banks. All four saw their after-tax earnings fall by between 48.8 per cent to 60.8638 words
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371 1989-05-02 13 HERMAN PHUA - By HERMAN PHUA MALAYSIAN Assurance Alliance Bhd has completed the acquisition of the entire stake of Marigold Sdn Bhd, a property development company, from Duta Credit Sdn Bhd and Barisan Nominees Sdn Bhd. The acquisition is in pursuance of the settlement agreement371 words
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Article, Illustration480 1989-05-02 13 MICHELLE OH - By MICHELLE OH UNITED PULP and Paper, which recently reported a 162 per cent increase in its post-tax profit to $3.16 million, has reduced its accumulated losses by 40.6 per cent to $5.06 million. This is an improvement over the previous year480 words
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179 1989-05-02 13 Bernama A JOINT VENTURE company, Innovest Ingram Cactus Sdn Bhd (IICSB), has been set up by Innovest Industries Sdn Bhd (MSB), a subsidiary of Innovest Bhd, to manufacture and sell wellhead equipment. The joint venture, with Texas-based Ingram Cactus Company (ICC), would sell theseBernama - 179 words
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90 1989-05-02 13 Bernama SINGAPORE-BASED Haw Par Brothers International Ltd has received approval from the Foreign Investment Committee of Malaysia to purchase Menara Kewangan Building in Kuala Lumpur. In a statement on Friday, Haw Par Ltd said the building will be heldBernama - 90 words
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Article, Illustration694 1989-05-02 13 ROSIE TAN - By ROSIE TAN ALUMINIUM COMPANY of Malaysia Bhd (Alcom) has announced a return to profitability after four years of losses as well as a capital restructuring scheme to aid future growth Alcom, the 64-per-cent-owned subsidiary of Alcan Aluminium Holding Ltd of Canada, turned in net694 words
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316 1989-05-02 13 ASEAN RESOURCES Ltd last week provided additional information on how it is working to get its shares relisted on the Hongkong exchange. It said it has been working closely with its financial adviser Bain and Co Securities to put together information on its shareholding316 words
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162 1989-05-02 13 Bernama KENTUCKY Fried Chicken (KFC) Holdings Bhd said over the weekend that operational cost of its processing, hatchery and breeder farm had resulted in the shortfall of profits for the financial year ended Dec 31, 1988. It had earlier forecasted a pre-tax profit ofBernama - 162 words
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REGIONAL MARKETS
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Article678 1989-05-02 14 Crisis of investor confidence AFP HIS COMPANY'S shares are plunging, his business practices are under renewed attack, but Alan Bond remains the unflappable corporate captain as he heads deeper into troubled waters. The Cockney migrant, who became Australia's national hero in 1983 when he wrestedAFP - 678 words
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296 1989-05-02 14 AFP AN Asl BILLION (US$79O million) pulp mill, cancelled amid environmental opposition, may proceed if tough government guidelines can be met, a spokesman for the developers has said. Greg Ray, spokesman for the joint venture between Canada's Noranda Forest IncAFP - 296 words
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Article349 1989-05-02 14 AFP AUSTRALIA'S Trade Practices Commission (TPC) will examine the proposed As3.l billion takeover by British manufacturer Ranks Hovis McDougall pic of Goodman Fielder Wattie Ltd. TPC chairman Bob Baxt said on a television programme in Sydney on Sunday that despite being told by both companiesAFP - 349 words
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Article65 1989-05-02 14 AP JAPAN'S Sanyo Electric Co Ltd has decided to have the US semiconductor maker Motorola produce Sanyo's semiconductors. Sanyo and Nippon Motorola, the American company's Tokyo branch, have agreed that Sanyo will stop making semiconductors and instead use 120 kinds ot CMOS semiconductors produced byAP - 65 words
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Article, Illustration593 1989-05-02 14 Tokyo Reuter TOKYO stock prices rose to a record close in modest trade yesterday as recent fears of an imminent rise in Japan's discount rate were allayed by a lower-than-expected inflation indicator released last Friday, brokers said. The Nikkei index rose 79.82 points or 0.23 per cent,Reuter - 593 words
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Article, Illustration477 1989-05-02 14 Australia Reuter THE AUSTRALIAN share market yesterday struggled through a dull day's trading ahead of a public holiday in Europe and a two-day week in Japan to close easier, brokers noted. The All Ordinaries Index was down 8.4 points to 1,491.2. Brokers said lower metal prices also draggedReuter - 477 words
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Article, Illustration1248 1989-05-02 14 Hongkong HONGKONG STOCKS ended a quiet day slightly higher yesterday, driven by a late flurry of local buying that focused on property stocks, brokers said. "With the May Day holiday and (Japan s) Golden Week about to start, no one is going to take major positions.''1,248 words
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Article193 1989-05-02 14 Reuter THE SEOUL stock market rose in moderate trading yesterday with financial stocks leading the gains, brokers said. "The market opened a new month in a strong tone with many investors predicting the market has hit bottom," said a broker at Daewoo Securities. The composite index closedReuter - 193 words
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Article460 1989-05-02 14 Reuter TAIWAN SHARE PRICES rose sharply yesterday almost across the board as eager investors pushed the index back over the 8,000-point level after Saturday's lacklustre performance. dealers said. The weighted index gained 166.35 points, or 2.1 per cent, to close at 8,100.06 compared with Saturday's 7.933.71 finish.Reuter - 460 words
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Article99 1989-05-02 14 Reuter THE NEW ZEALAND share market closed little changed yesterday after a day of flat, uninspired trading. Brokers said the market remained nervous as fissures appeared between the right and left wings of the ruling Labour Party, and trading was expected to remain light and tentativeReuter - 99 words
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INTERNATIONAL COMPANY NEWS
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449 1989-05-02 15 NYT JURY SELECTION was to begin yesterday in the first case against a takeover specialist since the recent wave of Wall Street scandals began. Paul A Bilzerian, the Florida investor who gained control of the Singer Co last year, is charged withNYT - 449 words
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288 1989-05-02 15 NYT IN COMPETING to supply the vast Chinese appetite for new airplanes, Boeing Co and McDonnell Douglas Corp have taken two basic approaches: selling and manufacturing. Until now, Boeing emphasised the first, and it has been enormously successful in Beijing in the lastNYT - 288 words
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Article, Illustration442 1989-05-02 15 Reuter SPORTS CAR MAKER Porsche is back in the fast lane after two years of slow sales caused by the 1987 stock market crash. "Our profits are going in the right direction again, namely upwards," management board chairman Heinz BranitzkiReuter - 442 words
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Article124 1989-05-02 15 HONGKONG Hongkong Index Monday 2064 86 Friday 2.060 44 Week ago 2.045 45 Hang Seng index Monday 3.***** Friday 3.***** Week ago 3.095 99 All Industrials Monday 2.456 9 Friday 2.469 7 Week ago 2,431 4 NEW YORK Dow Jones Friday 2.418 80 Thursday 2.***** Week ogo 2,409124 words
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205 1989-05-02 15 Reuter TROUBLED Belgian engineering group ACEC SA has accepted an offer for its space, defence and telecommunications (SDT) division from Alcatel NV together with its Belgian subsidiary Bell Telephone Manufacturing. The statement, released on Sunday, said the deal "preserves current employment in SOTReuter - 205 words
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Article, Illustration585 1989-05-02 15 Bid values firm at US$725 million Reuter OGILVY GROUP Inc told suitor WPP Group pic in a meeting as long ago as January that it saw no benefit in combining the two firms. Jonathan Rinehart, chairman of Ogilvy Public Relations and of AdamsReuter - 585 words
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Article, Illustration735 1989-05-02 15 Reuter THE AGREEMENT between the US and Japan to jointly develop the FSX fighter jet is a new kind of business contract that other foreign buyers of US military hardware will be eager to follow, industry executives and analysts in Chicago said. "Co-developmentReuter - 735 words
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160 1989-05-02 15 NYT IN THE CONTINUING fallout from the sale of Drexel Burnham Lambert Inc's retail unit, two top brokers have left the firm. Jon M Burnham, a corporate vice-president and the son of I W Burnham 2nd, the firm's founder, has joined Smith Barney,NYT - 160 words
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449 1989-05-02 15 AFP PRIVATISATION of the Tungsram lightbulb firm "is a pilot project for all socialist countries", says banker Sandor Demjan, managing director of Hungarian credit bank Magyar-Hitel. Some 49.65 per cent of the shares of Tungsram, Europe's third-biggest bulb producer, changed hands lastAFP - 449 words
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479 1989-05-02 15 NYT WHEN the latest upward explosion in stock prices began, the portfolio managers who run mutual funds were much more bullish than the investors in the funds. But the investors seem to have accepted the bullish religion in April, fund managers say. The cash reserveNYT - 479 words
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Page 13 Advertisements
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Advertisement45 1989-05-02 13 r .and Pickfords, Allied Van Lines Sister Company in Singapore. Experienced, professional Service door to door by members of the same Company. Exclusive COMING HOME® personal Follow-up service at your destination. 475 5557 and ask for Maryanne, (or fax: 472 4885) The 1 America Trusts"45 words
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Advertisement523 1989-05-02 13 SINGAPORE'S PREMIER WATCH BOUTIQUE OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF MEETING Notice is hereby given that the Fifty-Second Annual General Meeting of the stockholders of the Company will be held at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, on Saturday, 3 June 1989523 words
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Page 13 Miscellaneous
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Miscellaneous30 1989-05-02 13 caMßom 4 &UXO 6FAT7OS/W/ £>/£>ASr/?/?. 77//s/£. 7D /A/re'sz&rr A3aor CO/"OdAA/,£3. CF/ e -7*£'-/?£Z&V> *71^.. (f^y r 77/£' CCpr/VMs /M/&S" &c/ 05W& OtvTS m by Martell 4o Ms-£& 4 fi&zo/v? £TO/r/*&..30 words
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Page 14 Advertisements
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Advertisement565 1989-05-02 14 NOTICES THE COMPANIES ACT, CAP. 50 SINPAHAN PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the Company held at 111 North Bridge Road #08-22, Peninsula Plaza, Singapore 0617 on 28th April, 1989, the following special resolutions were passed (A) That the Company be wound up565 words
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Advertisement289 1989-05-02 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TINSLEY TRADING (ASIA) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at Les Princes, 7 Avenue d'Ostende, MC9BOOO Monaco on 24th April289 words
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Advertisement91 1989-05-02 14 PRESUMED INNOCENT Who killed Carolyn... whose body was found nude and bound in her fashionable apartment?... Was it rape and murder or a premeditated crime?... From page one, the book consciously transcends the murder mystery genre, combining whodunit suspense with an elegant style and philosophical voice* The New York Times91 words
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Page 15 Advertisements
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Advertisement200 1989-05-02 15 J CONSULTANCY PTE. LTD. PROPERTY SERVICES Applications are invited from property professionals and salespersons, to be recruited in various capacities and for suitable positions, in the areas of management, marketing, appraisal, investment, taxation, and related fields. Please write an interesting letter which will help separate you from the rest, giving200 words
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563 1989-05-02 16 LABOUR DAY ROUND-UP OVERSEAS WORKERS throughout Asia marked May Day yesterday with mostly peaceful gatherings, although violence erupted between workers and police in several South Korean cities and in Manila. In South Korea, about 10,000 workers clashed with riot police outside at least seven companies563 words
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Article134 1989-05-02 16 UPI ABOUT 150,000 PEOPLE waving red banners, posters and balloons marched through Moscow's Red Square yesterday to mark May Day in a festive atmosphere carefully tuned to the theme of glasnost and internal reform. The two-hour parade wound up with gymnasts gyrating to blaring rockUPI - 134 words
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318 1989-05-02 16 ANNA TEO - AT HOME By ANNA TEO NATIONAL Trades Union Congress president Oscar Oliveiro yesterday hit out at employers who sought the easier but short-sighted solution to their labour needs. Regrettably, the co-op-erative efforts of workers, who have tried to upgrade their skills and expertise318 words
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Article, Illustration458 1989-05-02 16 ARCHITECT Alan Choe Fook Cheong tops this year's list of May Day honours. A total of seven people and three organisations received May Day awards from the Secretary-General of the National Trades Union Congress Ong Teng Cheong yesterday at the May Day Rally458 words
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408 1989-05-02 16 Bernama MAY 11 is a date of historic importance because it was on that day that a political party representing the interests of Malays came into being, Umno secre-tary-general Datuk Mohamed Rahmat said in an affidavit. The date has continued toBernama - 408 words
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196 1989-05-02 16 UPI BRITISH Prime Minister Margaret Thatcher and West German Chancellor Helmut Kohl have (ailed to resolve their differences on West Germany's call for Nato-Soviet talks on reducing short-range nuclear weapons in Europe. "If you get rid of short-range nuclear weapons only 88.UPI - 196 words
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221 1989-05-02 16 AFP SIGNS ARE POSITIVE as Cambodian resistance leader Prince Norodom Sihanouk and Phnom Penh Premier Hun Sen prepare for a crucial fourth round of talks in Jakarta today. Indonesian and Western diplomats said. Statements by Prince Sihanouk in Jakarta on Sunday that he was "prepared toAFP - 221 words
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Article91 1989-05-02 16 Reuter COMEX GOLD futures recovered to unchanged in a very choppy market after spiking to new contract lows on selling from last Friday's collapse to the lowest 'rices since August 1986. The :losing of European centres exaggerated price fluctuations in Mew York. June gold rebounded to un- changedReuter - 91 words
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LATE FILE
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Article61 1989-05-02 16 Reuter JAPANESE Prime Minister Noboru Takeshita. who has announced that he will resign later this month over the Recruit scandal, may personally ask former Foreign Minister Masayoshi Ito to succeed him, Takeshita aides said in Bangkok yesterday. The meeting with Mr Ito is likely to come afterReuter - 61 words
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Article55 1989-05-02 16 Reuter SOUTH KOREA yesterday dismissed US allegations of unfair trading practices as "incorrect" and warned that trade ties would be seriously harmed if Washington put Seoul on a sanctions hit list. Trade Minister Han Seungsoo said that the annual US review of foreign trade obstacles releasedReuter - 55 words
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Article47 1989-05-02 16 AP THAILAND yesterday asked Japanese Prime Minister Noboru Takeshita to further open his country's markets to Thai goods and help reduce Thailand's mounting trade deficit. The call came in two hours of talks between Mr Takeshita and Thai Prime Minister Chatichai Choonhavan. APAP - 47 words
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Article48 1989-05-02 16 Reuter NEW ZEALAND Prime Minister David Lange said yesterday that continuation of the Anzus defence alliance was preventing a thaw in the uneasy relationship between the US and his country. "It's my view that it's actually a bit of an impediment to the relationship." ReuterReuter - 48 words
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Article45 1989-05-02 16 AP MANY people in the US regard communism in Latin America as a growing threat to US security, a poll has found. However, respondents said by nearly a 3-1 margin that capitalism holds more sway in the world than communism. APAP - 45 words
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Page 16 Advertisements
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Advertisement526 1989-05-02 16 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 giving our clients their own home. A spacious, private living environment that offers the ultimate in luxury526 words
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Advertisement7 1989-05-02 16 Aquino rejects pey rise demands, PAGE 27 words
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Advertisement116 1989-05-02 16 Clinique's Exfoliating Shower for Men: Now a man can have better-fitting, better-feeling, better looking skin with every shower he takes. You just rub Body Scrub on and shower it off along with surface debris that can make skin look and feel tired. Body Scrub polishes tans, keeps oil in check.116 words
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SHIPPING TIMES
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PORT SIDES
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Article122 1989-05-02 17 AFP SEVERAL diesel and kerosene oil tankers have arrived in Nepal from China's Tibet autonomous region, helping ease severe fuel shortages that hit Nepal last month after trade and transit treaties with neighbouring India expired. Nepal has purchased 300 tonnes of diesel and keroseneAFP - 122 words
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Article85 1989-05-02 17 NYT USING Spain as the principal port of entry to a lucrative new market, Colombia's powerful drug cartels have set up a highly proficient trafficking network that is feeding western Europe's rising demand for cocaine. The Colombian bosses, who have long dominated the cocaine tradeNYT - 85 words
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Article92 1989-05-02 17 A MALTESE ore carrier with 22 South Korean seamen aboard sprang water in the Pacific east of Japan but the vessel was in no danger of sinking, Japanese maritime officials said. The officials of the Maritime Safety Agency said the 26,289-ton Captain Sea completed make-shift92 words
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97 1989-05-02 17 AFP SOUTH KOREA'S Daewoo Motors Co has sent 494 LeMans compact passenger cars to Czechoslovakia as part of a US$l2O-million barter deal, Daewoo officials said. Daewoo signed a contract with the state-run Czechoslovak Motokov FTC late last year to export 3,000 LeMans cars and electronicAFP - 97 words
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Article54 1989-05-02 17 TWENTY-SEVEN people were missing and feared drowned after a ferry capsized off India's West Bengal coast, police said. They said 14 people swam ashore after the ferry capsized in a storm off the port of Hooghly, 100 km from Calcutta, but there was no sign54 words
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426 1989-05-02 17 AL O LABITA Jr - By AL O LABITA Jr LOOPHOLES in the Philippine Bureau of Customs' inspection procedures have frozen the movement of dangerous cargo in the South Harbour and Manila International Container Terminal (MJCT) to a virtual standstill, exposing other shipments in storage and even port workers426 words
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Article823 1989-05-02 17 AB Shpg VN 5 ABC Contoin«rline XI 5 Accord Shpg VIII 1/2 Arrow lines XI s ANl III 1/2 A PC Lin« VII 4 API V 35 ASCI V 1 Austrosio lino VII 1 Bolt Conodo lin« IX 4/5 Bolt Orient line IX 4/5 Baltic Orient Shpg823 words
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Article322 1989-05-02 17 SHIRISH NADKARNI - By SHIRISH NADKARNI CHOWGULE Steamships Ltd has placed an order for two new ships costing US$2.lO million, with a Sin-gapore-based shipyard. The delivery of the first vessel is likely to be in the last quarter of the current year, with the second to be delivered322 words
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Article, Illustration257 1989-05-02 17 THE Hongkong terminal operator, Modern Terminals Limited (MTL), has received government approval for a HK$335 million extension to its warehouse facilities at Kwei Chung. Detailed designing and planning are expected to be completed by late September or early October, with construction due257 words
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396 1989-05-02 17 AP THOUSANDS of Brazilian dock workers in seven states have ended a three-day port strike for better pay, union officials said. The strike did not affect oil shipments. The state oil monopoly Petrobras has its own loading terminals and workers, whose union did notAP - 396 words
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231 1989-05-02 17 AP THE United States and Kuwait have agreed to remove the American flag from six Kuwait-owned oil tankers that sailed under US protection during the Iraqi-Iranian war in the Gulf, officials said. The decision, announced by the US Maritime Administration inAP - 231 words
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Article, Illustration1284 1989-05-02 18 There are no significant backhaul cargoes available from the Cayman Islands a few TEU weekly of frozen shrimp and lobster in Thompson's case, although even this originates elsewhere in the Caribbean so high load factors and efficient operating are essential. Lloyds' Ship Manager SHIPPING servicesLloyds' Ship Manager - 1,284 words
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848 1989-05-02 18 Lloyd's List jurisdiction in Australia was until this year something of a dinosaur: its principal source of jurisdiction was an 1890 UK Act limiting claims to those defined in the UK Admiralty Courts Acts of 1840 and 1861. But the implementation of the 1988 AdmiraltyLloyd's List - 848 words
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Article199 1989-05-02 18 AFP SIGNIFICANTLY reduced activity in single-voyage world tanker chartering over the past week did not seriously weaken rates, due to the increasing number of charterers entering the period market, London brokers E A Gibson said. Nevertheless, in the Gulf States area, chartering among VLCCs was actually higher thanAFP - 199 words
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Article161 1989-05-02 18 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member linesACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines Neptune161 words
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355 1989-05-02 18 Al O LABITA - By Al O LABITA DOMESTIC shipping lines have expressed fears that the Philippine Coast Guard's (PCG) move to conduct on-the-spot ship inspections may trigger a spate of vessel hijacking in local waters. Interisland operators who asked not to be355 words
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Article2298 1989-05-02 18 Who acts for whom A B AB Shipping Bouatead Slvpg Agenciea (8| ABBS Lin* SMS Pte Ltd (SyTunaa Seha (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Lin* (PK/PN) Ahrenkiel Liner Kim Shpg (S) AUrad C Toaptar Ocaanua Shipping Agancy (S)/Multiport Sdn Bhd (PK)2,298 words
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193 1989-05-02 19 CEPSA (Gibraltar) Ltd a joint venture between the Spanish oil major, Cepsa, and Gibraltar's Gibunco has just completed its first bunkering operation last month. Its first bunkering contract took the form of supplying fuel to the the 14,534 dwt Spanish tanker Mar Caterina in the193 words
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Article141 1989-05-02 19 Reuter THE Port of Gulfport, Mississippi, will soon dredge the Mississippi Sound ship channel to a depth of 11m from the current 9m, following the port's agreement to participate in a dredge technique test. Port officials said US Army Corps of Engineers dredgers will remove upReuter - 141 words
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Article804 1989-05-02 19 DETAILS of a further five vessels on Soviet Union account filtered through to the market on Friday, although the business may be a few days old, brokers said. The bookings included four 70,000 tonnes dw Panamax vessels, two of which were for trans-At-lantic round voyages at U5414.750 and804 words
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4418 1989-05-02 26 AARHUS M Tokyo, Maersk Line, May 4. Hamburg Express. Triot, May 4<PK). Norasia Mubarak. Norasia Line, May 5. Luo He, China Ocean Shpg, May 5. Ming Glory. Yang Ming, May 6. Ever Group. Evergreen. May 7. B Permai, ScanDutcht, May 8. Kutai.4,418 words
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Article1106 1989-05-02 28 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KEPPEL WHARVES Chris Isabel KI6 alongside 205/ 1500 Dodo K33 alongside 8 05/ 2300 Jovian Luzon K34 alongside 205/ 2300 Minfu K29 alongside 305/0600 Nile K36 alongside 305/ 1500 Talabot C09 alongside 2.05/ 2300 Trans Fjell CIO alongside 205/ 23001,106 words
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Article437 1989-05-02 28 May 3-5 2nd World Container Congress to be held at the Hongkong Convention and Exhibition Centre. This will be the first dedicated congress and exhibition on containerisation in Asia. For details: International Conference Consultants Ltd, 57 Wyndham Street, Ist floor, Central Hongkong! Telephone. 5-*****1/*****9. Fax: (852) 5-*****64 Telex:437 words
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366 1989-05-02 28 Lloyd's List HONGKONG shipowner International Maritime Carriers (IMC) is aiming to buy four new bulk carriers with a HK$373 million rights issue. The company 65 per cent-owned by chairman Frank Tsao, who is also the chairman of Suntec is to issue 101Lloyd's List - 366 words
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Page 17 Advertisements
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Advertisement22 1989-05-02 17 C& su ccfe 6 X. Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association22 words
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Advertisement194 1989-05-02 17 TIMES STP Distributors Building boom in Cayman SHIPPING services to the Cayman Islands' main port at Georgetown on Grand Cayman are dominated by two companies: Thompson Shipping and Kirk Line, and their operations are influenced by the construction boom evident everywhere on the island. PAGE II First bunkering operation CEPSA194 words
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Page 18 Advertisements
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Advertisement86 1989-05-02 18 TRANSFORWARDING 8.V., ROTTERDAM, NL THE FORWARDER AND TRANSPORTER BETWEEN THE FAR EAST AND WEST RESP. EAST EUROPE. IS LOOKING FOR A JOINT VENTURE WITH A INDEPENDENT, ACTIVE FORWARDER AT SINGAPORE TRANSFORWARDING IS SPECIALIZED IN FCL, LCL, NVOCC SERVICES FROM AND TO THE FAR EAST THROUGH THE NORTH EUROPEAN PORTS AS86 words
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Page 19 Advertisements
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Advertisement1147 1989-05-02 19 Pc'tlicuK'tl h> C\«olity st^vico JAROINE SNIPPING AGENCIES 200 CmtowwH »oed #12 OS Soutltpomt Srngaporo (MOB TO *****1 TIUX NO RS 2*l* terminal/OS w meit 220 BOOKINGS Tel HOOW4 235 PUMA JMWNC SKIPPING ACCNCICS SON. MO PONT KIIANQ Til **11l T*. No MAJ9477/MAWOI PENANG Tit *****4 TIUX NO MA4OO/1 CFS TU1,147 words
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Advertisement755 1989-05-02 19 MAERSK LINE DESTINATIONS This mm March*" M Closing Time CY 8/5 2300 MRS CFS a/5 1300 MBS MARCHEN M LEISE M LOUIS M MARGRETHE M LARS M LAURA M REQMA M LEXA M 9/5 10/5 16/5 17/5 23/5 24/5 30/5 31/5 6/6 7/6 13/6 14/6 20/6 21/6 27/6 28/6 This755 words
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Page 20 Advertisements
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Advertisement651 1989-05-02 20 Hapag-Lloyd If CONTAINER SERVICE TO UK?CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP HAMBURG EXPRESS BENALD6R LA SEINE BENAVON NIPPONCA OSAKA BAY TOLAGA BAY HEIDELBERG EXPRESS ALSO ACCEPTING CARGO TO: AIL UK INLAND DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI, OSLO. AMSTERDAM. CARIBBEAN I S. AMERICA CONTAINER SERVICE FROM651 words
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Advertisement483 1989-05-02 20 0 COLUMBUS LINE REEDERE! GMBH h- a SERVICE Of HAMBURG StD A Eipofss s£MM:o»r*f«p SEPVKE k X NORTHBOUND TO UKC S PORE RDM/A DAM HBG HULL (U.K.] FORTHBANK V24N 17/5 IS/t 19/6 22/6 IVYBANK V-24N 12/* 11/7 15/7 11/7 TAMAITAI SAMOA V-15N 15/7 11/1 16/S 20/1 'Alia Accaptinf FCL to483 words
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Advertisement774 1989-05-02 20 TO EUROPE (VIA NORASIA MUBARAK VRO7-3 1/5 NORASIA AL-MANSOORAH V 8906 3 10 5 JAPAN SEA §909-3 u NORASIA PEARL »10-3 22 I Bremen via Hamburg TO mediterranean/red NORASIA MUBARAK V 8907-3 1/5 *5 !*A°D R A A |J S 'cca L U^ SOOWAH VWW-SIO/S 11/5 JAPAN SEA V 8909-3774 words
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Page 21 Advertisements
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Advertisement967 1989-05-02 21 Steamers Maritime Holdings Ltd w* p&0 FvVCnnt Containers container service to UK continent Also Accepting Cargo For: Hiwtart to Copenhagen. Aertan. Gothenburg Halmo. Stockholm, Helsinki. Sondefturg Ronertttm to Antwerp. Amsterdam, Otto. Batle Zurich to Souttwnptsfl to all UK destinations. Belfast and OuMm CONTAINERSHIP SERVICE FROM UK CONTINENT Calling Koto. To*r»967 words
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Advertisement1465 1989-05-02 21 YANG LINE QUEEN S NAY BRIDGE 00M CHOYANG PARK OOTW HANJIN OAKLAND 002 V CHOYANG SUCCESS 003W WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE EAgTßpywp AI»o accepting for Inland UK destinations Antwerp and Scawtanavlan ports Ldf for HK/KAO/KOBE/YOKO/BUSAN FLOTA MERCANTE GR ANCOLOMBIAN A S A COMPANIA ANONIMA vfc Nt1,465 words
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Page 22 Advertisements
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Advertisement470 1989-05-02 22 MARITIME PTE LTD ISLAMIC RIPUBUC OF IRAN SHIPPING LINKS f.ViM.IL IRAN MEEAD PJLG9I Singapore Loading for:Ski BANDAR ABBAS i KYOWA LINE 335 OCEANIA EXPRESS V-30 OCEANIA EXPRESS V-31 LOAD FOR GUAM, SAIPAN GUAM, SAIPAN MICRONESIA SERVICE KBE LOAD FOR KYOWA ROSE V-33 1/5 YAP, KOROR. TRUK, PONAPE, MJR KYOWA ROSE470 words
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Advertisement600 1989-05-02 22 TO EURO°E VIA HANJIN SHIPPING CO., LTD, |T0 USA PACIFIC SOUTH WEST QUEEN'S NAY BRIDGE M CHOYANC PARK OH* HANJIN OAKLAND OB2W CHOYANC SUCCESS MM 13/5 31/5 20/5 7* 27/5 V* «B 11/6 125 I TO FAR EAS T dqp^S HANJIN OAKLAND HIE CHOYANC SUCCESS M2E HANJIN TONC HAE WE600 words
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Advertisement229 1989-05-02 22 INTEROCEAN LINE 78, M Floor, Jalan 2771, Taman Tun Or. lamON. *0000 KL T«4: 71W7M, 717*«*4, *****2* TLX. NO. MA-17M FAX: 03-7173*11 Ponang Off; Tal: 3*0427, 3*0402 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR SYO. MELB. ADE. BRIS. FREM LE HVE. HBG. BREMEN. R OAM. GENOA. ANTWERP, UK PORTS229 words
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Advertisement852 1989-05-02 22 4ft EVERGREEN East Bound (FE/CARIB/USEC/EURO/FE EVE* GATHER <B*s *4« <M 5 £K Hi IUM W* ?!£L HI m EVtll GOVERN O*U 11* gg| gg UP Z7*6 a*S 2*N M*6 R2*7 EVER GARDEN EVE* GROWTH 23*5 24/05 U/R5 2« o'S S2 S2 !S W EVER GRAND »K c; U 4 °>*852 words
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Page 23 Advertisements
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Advertisement590 1989-05-02 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 K CONTAINER SERVICES EEE2 SIN HKQ MAJAPAMfT OOWA 3758 7/8 14/5 16/5 ACCEPTING MURUR AN/TOM AKOMAI/HIT AC HI 24/5 7/5 12/5 VIA HKQ BANGKOK VESSEL PIYA BHUM MAI MUI JENLJNK KOTA MAWAR J'KT 12/5 12/5 15/5 VOY590 words
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Advertisement254 1989-05-02 23 f NORBUL MOOaUtK CARGO SERVICES LTD REGULAR CONVENTIONAL SPORE MARATHON UNITED AGENCY PTE LTD TEL 222&3 M KUPK S P VEO SMPQ S TROO KL 7&394A4 PK 16M101 SABAH TRANSPAC KK TEL ***** 2212« >T A L BREAKBULK SERVICE TO EUROPE/UK S pore P Ktlang Loading For FINNFALCON NLB9OI 5/5254 words
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Advertisement305 1989-05-02 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT v 1 w Ufl us *5 an m on m (TON MM CMAVCN *OAN NAM an an an an *5 10 10 <0 iw 20 an W W I*l 11* 110 w w d* m w w w «l 00 W 2Vt305 words
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Advertisement502 1989-05-02 23 •:*n v ift EXPRESS SEMI CONTAINERSRIP SERVICES VSL/VOY SRIWIJAYA/26W8 S. PANJANG/22 WB KUTAI/17WB ANTWERP H'BURG/ R DAM/A DAM BREMEN 3 30/7 4/8 Subject to Inducamant. Also accepting cargo to Casablanca. Port Said, Port Alexandria, Qanoa, Triaata. ALSO ACCEPT INC BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO UK PORTS. NULL, LE502 words
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Advertisement314 1989-05-02 23 BOUSTEAO SHIPPING AGENCIES PA-AN ¥137* PAGAN VI4IW HTONEYWA V247W MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok vArl2 my V z z i BANK UNE FORTHBANK V24N IVYBANK V24N TAUSALA SAMOA VISN SPORE ROAM HMBG HULL 17/5 15/S 19/6 22/S I EXPRESS TO314 words
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Page 24 Advertisements
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Advertisement853 1989-05-02 24 AMBASSADOR BRIDGE NEPTUNE GARNET OOQL FAIR RAINBOW BRIDGE Kline KAWASAKI KISLN KAISIIA. I II). N. AMCRICA-A 4/5 11/5 18/5 25/5 COAST AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE AMERICA PACmC SOUTH-WIST MOTHER VESSEL GEORGE W. BRIDGE MANHATTAN BRIDGE HENRY H BRIDGE MACKINAC BRIDGE VOY LA/LB 26 »/5 22 4/6853 words
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Advertisement473 1989-05-02 24 KALIOAS D C TULSIMS V 41 KALIOAS V.43 TULSIOAS ¥42 TrtnM tune Sm AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Sinppoie P KatMf Pminf loadtnf tor **h»f Vsl By fmtm Fadw 11 M» 5 *U, 5 Mi, FrwiMafcfrdn/AM *41 2IUi« 22 M*y 27 Kb, Frim/IMb/Spta/AM V«3 Out, 31 Am 31473 words
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Advertisement331 1989-05-02 24 fCZSG golden line SH,PP,NG ("E) LTD Singapore' 01M Ttl SMJW (It LINES) Fa. SJ43SM STRAI TS/PERSIAN GULF SERVICE: y»ort fiOUXN KM CataMWK»*dH,Outat nSSv QOLDEN HARVEST Cstanto/Karadii/Outei CHINA SERVICE m WNfU HuaocnW SDanftiai CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA UKC cinrwmmAt Mala«( Pmanf Kumlm OwtmatkM LUO331 words
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Advertisement542 1989-05-02 24 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD .-07-12 AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 M—lf EAIT/FM EAST FO. i LCI VESSEL |ETA SINGAPORE I DESTINATION JEDOAH (LCL) WEEKLY AQABA HOOCIOAH COLOMBO. KARACHI. MADRAS. CALCUTTA NEW GENTRUST LATTAKIA. BENGHAZI ALGIER. TRIPOLI. ALEXANDRIA. PORT SAID542 words
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Page 25 Advertisements
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Advertisement1448 1989-05-02 25 S».« NIPIUNC AGENCES Plf 1(0. Booking) flook'i'o IniMfii/ famiful CfS (nquiiiM fl (U/AUSr IPA/Sf A Out*** n\lM *****41 timut jmrti mv*i uvm /mm //*»tu> 2/***** ;noi«8 161K31 ****** i.'QO35 SI 4640 Milo ***** tffttl *****4 una EXPORT IMPORT iU£3''S3SIM •'l!~Mwm FEEDER VSL N. Emerald 08N N. Ivory 13N N. Emerald1,448 words
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Advertisement989 1989-05-02 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PHMMB P KELANC MESSRS HAI THOMC SHIPPING 127 PenaM Strut Pwunt Malar** M/S HANDLING SYSTEM CO SON989 words
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Page 26 Advertisements
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Advertisement340 1989-05-02 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. m ll r i iMiiH |.14 iNim) FAX IkUX MS 2')»8» A/H S-SI.'MA US A/H SSCAI) DSR-LINES vEs oeu TC ßACHTseE n ££oe«£ <=os'> INTEGRATED CONTAINER SERVICE JBEMBER Of EACON SERVICE TO EAST MEDITERRANEAN WORTH CONTINENT EUROPE I IMiiW* 1 EBELAND 4/S9 C THAELMANN 4/<8340 words
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Advertisement92 1989-05-02 26 T.S.R. LIME WEEKLY CONTAINERISED SERVICE WITH FIXED OA' APRIVAt. EXPORTS TO TAIWAN JAPAN QB C3IQS CZB (SB D3I d C 9 EZH HAKUSAN II V 5 CONTINENT V2l KABUKI 21 HERMES ACE V2l HAKUSAN II M CONTINENT V 22 IMPORTS FROM JAPAN TAIWAN ffflUprTT'-'-W''! ■rn«7lPrTfr:iM CONTINENT V2l KABUKI «1 HERMES92 words
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Page 26 Miscellaneous
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Miscellaneous153 1989-05-02 26 r Regional Weather 4 <: J! S: V ss 2 SK i *s vN SIGNIFICANT WEATHER ANO SEA CONOfTK>NS AT 7.30 A.M. May 2, 1989 "c cf *«d drectron witti speed n knots R Thunderstorm Tempwoture c A V Shower Weolher W*>d direction with speed n knots "o*i Cloudy Skr153 words
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Page 27 Advertisements
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Advertisement1594 1989-05-02 27 SIGMA EXPRESS (S) PTE LTD > TEL *****44 FAX *****75 ACCEPTING CARGOES FOR: BANGKOK 4/5 BUSAN 4/5 BOMBAY 2/5 COLOMBO 5/5 HONGKONG 6/5 MUARA/LABUAN/KK 3/5 KOBE/NAGOYA 3/5 YOKOHAMA 3/5 LE HAVRE/HAMBURG 6/5 FELIXSTOWE/R'DAM 5/5 KEELIING/KAOSHIUNG 4/5 FREMANTLE 6/5 SYDNEY/MELBOURNE 5/5 LONG BEACH/LOS ANGELES 11/5 NEW ZEALAND PORTS 17/5 ENQUIRIES ACCEPTED1,594 words
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Advertisement83 1989-05-02 27 FARGO SHIPP Tel:22-4 012 [Tf: regular express fcl lcl service DESTINATION BANGKOK ETA SINGAPORE um-fiYS O iX zx a IX3 ABC CONTAINERLINE WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: BRUSSEL 224 ETA 19/5/89 Only 7 days to Fremantle! Only is days to Melbourne! Only is days83 words
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Page 28 Advertisements
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Advertisement178 1989-05-02 28 si 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 Lae T'ville Loading For "ANKE" V2SB 24-25/5 26-27/5 6/6 12/6 Lae, Townsville, Pt Moresby (via T'ville) "A VSL"178 words
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Advertisement759 1989-05-02 28 IQJt Mitsui OS K Lines Ltd EXPORTS TO PSW CONNECTING AT DOUBLE STACK TRAINS ETA *****5888 r■■■ iTTTnn Bt ■r n ß jir il 111 grirarjiararira iDPta .■tagj □nnci!ii[3caE3[3 iLi-jßjgj i. .it ,■> in 1 1 imn cacaicaiEzacßEaEßEji, lIDDOni 'v i." .1 mioiEaEaEac»c*Ez*Erail nana > i. Trrni acaranrannin ILL-JIOU Btrrn759 words
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