The Business Times, 8 May 1989

Total Pages: 28
1 28 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 MONDAY, MAY 8, 1989 75 CENTS
    11 words
  • 362 1  -  SI.3M TO BE SPENT OVER TWO YEARS Singapore Telecom By JOHN TAN SINGAPORE TELECOM will be spending $1.3 million over the next two years on an international advertising and marketing blitz designed to help turn local telecommunications expertise loose on the world market. Having already
    362 words
  • 585 1 Asian Development Bank meeting AFP THE MEMBER NATIONS of the Asian Development Bank (ADB) have agreed in principle at their meeting in Beijing to pursue new directions in the next decade despite serious differences on how the moves should be implemented. The 47-member
    AFP  -  585 words
  • 498 1 AP JAPANESE Prime Minister Noboru Takeshita. just back from South-east Asia, resumes efforts today to install a successor who his party hopes can regain public trust after the influence-peddling scandal that is forcing him to resign. All indications were that Mr Takeshita and
    AP  -  498 words
  • 343 1 AFP BRITISH Prime Minister Margaret Thatcher personally insisted'' on using British overseas aid to secure a £1 billion (US$l.7 billion) arms deal with Malaysia. The Observer reported yesterday. The paper said a memorandum of understanding was signed last September for
    AFP  -  343 words
  • 588 1  -  By GENEVIEVE CUA THE COMPANY that built up one of Singapore's best-known travel agencies is about to call it a day. Creditors voted at a meeting last week to wind up Big Boy Travel, once known as Sino-America Travel Corp. Big Boy
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  • 226 1 Bernama KAMUNTING Corporation Bhd has not been approached by any so-called consortium to make a counter bid for the shares of Multi-Purpose Holdings Bhd (MPHB), its chief executive. Lim Thian Kiat, said on Saturday. Speaking to reporters after the company's extraordinary general
    Bernama  -  226 words
  • 260 1  -  By MARTIN SOONG MANDARIN or even dialect should be used by statutory boards which provide assistance to local small- and medium-sized companies (SME), said Singapore Chinese Chamber of Commerce and Industry (SCCCI) president Linn In Hua yesterday in a call for
    260 words
  • 120 1 Reuter AFTER years of hot debate, official China has bowed to one more once-taboo capitalist practice tipping. A fast-food restaurant run jointly by American and Chinese managers in reformist city Tianjin has been given the go-ahead by the Communist authorities to test out tipping.
    Reuter  -  120 words
  • Page 1 Advertisements
    • 252 1 Need a car or truck loan 737-7977 i >laF) Wa> Rxmg Mortgage And finance tS) l td -J A wholly owned subMiii.ir> «>l I longkongß.ink 6V lavmore Mill #03 111 Cliymifc Plaza Singapore 1N22 MANAGEMENT MANAGERS are seeking to cope with major changes in the workplace These are due in
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    • 160 1 Daim against expanding dialogue, PAGE 3 'US debt plan ignores good debtors', BACK PAGE Trade disputes US prepared to hit back Anti-dumping inquiry EC acts against Ricoh Corp Bank loans Brisk growth of $43 18 billion Marathon Hot tips from a pro 3 Golf 9 Ballesteros withstands late burst 3
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    • 24 1 tu 12 years old A Welcome Awaiting Distributed by: J® Cold Storage Trading 1H: ***** <9 Shopping for financial services firm, BACK PAGE <- v
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  • MANAGEMENT
    • 1384 2  -  Managers are seeking to cope with major changes in the workplace. These are due to new technology, plus higher expectations among staff and stricter legislation regarding health and safety at work. DELLA BRADSHAW reports on the key catalysts for change while, in the accompanying article, DAVID LAWSON
      FT  -  1,384 words
    • 968 2 FT THE ABSOLUTELY ideal workplace does not exist. Most employers have to make the best of what they can get a compromise between costs, staff comfort and the limitations of the bricks and mortar around them. Some organisations are wealthy enough to build
      FT  -  968 words
    • 703 2  -  Spotlight on Management By ANTHONY CHEONG Anthony Cheong is a manager of an international accounting firm. ROSS JOHNSON made his first offer of US$7O per share to the stockholders of RJR Nabisco when the market price of those shares were $56 He said then that in
      703 words
  • Page 2 Advertisements
    • 127 2 X iMt ;!h i i it ii 11 till ill The Scandinavian Edge What you know is important ...so is who you know. Best to create a lasting impression with long-lasting teak. D-Scan office furniture for the ambitious entrepreneur. It's working time with an edge. D-SCAN FURNITURE PTE LTD Factory
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    • 62 2 til FAs'IKKN (ARTl'lSl Specialists in Fine Hand-knotted Carpels Wednesday. May 10.1989 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm -830pm Auctioneers: Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd it-i*3 ra -iiZaßsa a*;m r S£.i By*; f sm s%s sis h& ,m >■ 'mm MM ssEawa
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  • OVERSEAS
    • 367 3 AFP MALAYSIAN Finance Minister Daim Zainuddin on Saturday strongly criticised the involvement of industrial nations in solving the problems of developing countries. "We do not see how much a multilateral policy dialogue can be either helpful or practical," Mr Daim told the annual
      AFP  -  367 words
    • 310 3 AFP THE EUROPEAN COMMISSION has opened an anti-dumping inquiry against a French subsidiary of Ricoh Corporation of Japan to see if it violates the EC's controversial "screwdriver" law A source in Brussels said on Saturday that the inquiry will check whether the firm, Ricoh Industrie France,
      AFP  -  310 words
    • 814 3 ARRIVALS Operator Service Local From number time QFA QF62 1135 BKK S4A SQ151 1145 CGK GIA GA940 1150 MES THA TG403 1155 BKK SIA SQ1 38 1155 MES TRY MI811 1130 HDY SIA SQ191 1200 PEN GIA GA900 1210 PKU SIA SQ069 1210 BKK THA TG407 1225
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    • 204 3 AFP TAIWAN'S foreign trade surplus widened to U553.74 billion in the four months of 1989, prompting fears that Washington will renew calls for further local currency appreciation. Official statistics indicated Taiwan's foreign trade surplus in the January-April period grew 82.9 per cent to U553.74 billion
      AFP  -  204 words
    • 165 3 AFP INDIA s exports rose 29 per cent to hit a record US$l2 67 billion during the 1988-89 fiscal year while its trade deficit was lower than expected. Commerce Minister Dinesh Singh said on Saturday that imports during the year ending March 31 rose by
      AFP  -  165 words
    • 270 3 AFP AUSTRALIA has failed to attract significant Japanese manufacturing investment and should now sell itself to Europe as a gateway to the Pacific, a senior government minister said. Industry, Technology and Commerce Minister John Button said in a recent wide-ranging interview that Australia had
      AFP  -  270 words
    • 379 3 Reuter THE US is prepared to retaliate for violations of trade agreements although it would prefer to negotiate disputes, US Trade Representative Carla Hills said. Mrs Hills, appearing on ABCTV's "Business World" on Saturday, was commenting on a US action citing
      Reuter  -  379 words
    • 223 3 Reuter AMERICAN manufacturers sharply increased their overseas investments last year and the trend is continuing in 1989 A study released on Friday by the research group, the Conference Board, said nearly half of the new projects last year involved acquisitions of existing facilities abroad, while
      Reuter  -  223 words
  • Page 3 Advertisements
    • 42 3 The buMii(» person's choice every Tuesday. Thursday. Saturday and Sunday. Leaving (hangi Airport at 22:05 hours and arriving at Lester B. Pearson International Airport the following da». Cill vour Travel Agent or Air Ciiudi jf *****55. A BREA TH OF FRESH AIR
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    • 66 3 I only fly Lufthansa. M r tv o; C II ir Jl JLi W L Air cargo by Lufthansa means expert handling of your important goods to and from Singapore with links to over 160 worldwide destinations, four times a week. Professionally. Speedily. Economically. Lufthansa Cargo z 5 i Lufthansa
      66 words
  • Page 3 Miscellaneous
    • 52 3 itstrue. he's just LOOKING FOR 7H£ J-22K/ IFORL3SI BEUEVE IT! pur [Pz Mf&PJW OVER TOWN' HEAR THIS? PUFF! S SH^oTA l -iVv v W JaJ ■ISMbH BY GARRY TRUDEAU /Wtf. PRESIDENT! ISBE A BUPPY PICTURE! YOU ANPTM CRUISE! 'm AM I NUTS 7 AM /iM) JSC lAMLPMAN* W v K
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  • MONEY AND EXCHANGES
    • 415 4  -  By SOH TIANG KENG, Financial Correspondent TOTAL BANK LOANS in Singapore continue to show brisk growth, hitting $43.18 billion at end-February this year. This steady loan expansion reflects the healthy growth of the national economy. Total bank loans and advances, including bills financing,
      415 words
    • SMALL CHANGE
      • 80 4 SOME JOURNALISTS recently visited Simex for the first time. Shortly after they walked in for their tour and briefing, pandemonium broke loose. For a few seconds, a bunch of people in colourful coats, yelling and with hands outstretched, converged on a gentleman. One stunned journalist commented to the
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      • 44 4 DURING a recent cocktail party, a banker quipped: "We all know that in life, two things are certain death and taxes. Death involves a one-time payment. Taxes, however, are yearly affairs. This taxing life is just a throw away from bondage!"
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    • 116 4 THE HONGKONG and Shanghai Banking Corporation in Singapore has raised its prime rate the rate it lends to its most cred-it-worthy customers by a quarter point to 6.75 per cent. It has also announced increases in its savings and fixed deposit rates, effective last Friday. The
      116 words
    • 336 4 Reuter THE Bank of China's dramatic new Hongkong headquarters may cast a shadow over more than the British colony's skyline in a few years' time. The 72-storey building, designed by Chinese-American architect I M Pei. is at the centre of a determined effort
      Reuter  -  336 words
    • 837 4 AFP THE Taiwan dollar soared for a second straight week to stand out in a current of generally declining Asian units. The currency was expected to stabilise after a top US official made the unprecedented comment last Thursday that its rate had reached a reasonable level. The unit's
      AFP  -  837 words
    • 181 4 PRICES in the Singapore government bond market remained within tight trading ranges in thin trading last week. Market participants remained unconvinced over the true direction of interest rates worldwide. 5-1/8 per cent July 1993 eased marginally from the previous week from position adjustments by dealers. The issue
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    • 493 4 Indicate* the average of the prime lending rates of 12 major banks in S'pore PLR of banks at the close of business on Friday. May 5 as supplied by the Association of Banks in Singapore BANK PLR ABN Bonk 6% Allied Irish Book PLC 6% American Express
      493 words
    • 246 4 ASIAN CURRENCY average deposit rates for 1 1 ended May 5 BIO PRICES Hlgti Low US S 7 days 9 13/16 9 3/4 1 month 9 7/8 9 3/4 2 months 9 15/16 9 13/16 3 months 9 15/16 9 7/8 6 months 10 1/16 9 15/16
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    • 487 4 Gold Financial futures Sin Huat Bullion US JOBS DATA released last Friday lessened inflationary concerns and caused Loco-London Gold to touch new 32-month lows in both London and New York. The metal was quoted as low as U*****.90 per troy oz, and the week's high was just above US$3BO.OO. As
      Sin Huat Bullion  -  487 words
    • 184 4 Gold futures on May 5 1989 100 troy ounces USS per troy ounce Open Htflh Low Sow* May 377.00 377.00 377.00 377.70 Jwn 379.50 379 80 377.00 379 30 0.30 M 381.30 -0.40 Aug 383.00 384.00 '•too 383.40 -0.40 Oct 386 50 387 80 .>86 00 388.00
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  • Page 4 Advertisements
    • 149 4 Italian official participation at asean worlddidac expo '89 Singapore International Education and Training Exhibition [9-13 May 1989, 11am 6pm] HALL 4, WORLD TRADE CENTRE SINGAPORE A o o i* For Foreign Trade An exhibition of the latest developments in educational aids and equipment brought to you by some leading Italian
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  • Page 4 Miscellaneous
    • 135 4 Max/ Note Min (°C) 1 V//^A Singapore OUTLOOK: Showara over law areaa In tha late morning and altari Cloudy Clear I Clear > Sain I Cloudy Clear > Cloudy Clear Cloudy Claor Cleor Cloudy Rain Cloudy Clear Cloudy Smoke Clear Cloudy Clear Cloudy Clear Rain Cloudy Clear Clear Clear Rain
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  • COMMODITIES
    • 257 5 CRUDE palm oil prices closed little changed in extremely quiet trading last week as operators were unwilling to take positions ahead of the long weekend. Activity was also dampened by the lack of a clear lead from the palm oil futures market. Expectations that Malaysian palm oil stock
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    • 146 5 Telerate FUEL OIL MARKET traded between US$9B and US$lO3 tonne. Prices were stable for most part of the week but ended US$2 to US$3 tonne weaker in this senti-ment-driven market. Buying interest remained thin with Japan closed for the Golden Week holiday. More activities took place
      Telerate  -  146 words
    • 127 5 Chinese Produce Exchange Sellers' noon closing prices on May 6 (SS/100 kg) Coconut oil Bulk FOB 103.00 Old drum FOB 113.00 New drum FOB 117.00 Copra Mixed (loose) 61 sellers Pepper Muntok whit* FOB NIW 627.50 Sarawak white FOB foq NIW 617.50 Sarawak special black FOB NLW 437.50
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    • 253 5 London Commodity Exchange Buyer/Seller closing prices on May 5 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-sfore London, sellers option CIF London May 1172/1174 (1158/1160) High/Low 1183/1166 July 1113/1114 (1106/1198) High/Low 1114/1097 Sato (2163) Cocoa May 705/707 (725/726) High/Low 706/690 July 718/720 (744/745) High/Low 724/703
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    • 149 5 THE MALAYSIAN rubber market closed sharply lower last week with June International Ones RSS buyer shedding 7.50 sen to close at 285 sen per kg. Traders were unwilling to deal ahead of a long weekend closure for the Muslim festival marking the end of Ramadan. The undertone remained bearish,
      149 words
    • 145 5 TIN PRICES on the Kuala Lumpur Tin Market (KLTM) fell 48 sen to close at M 527.98 sen per kg last week on continued lack of buying demand in thin trading. Traders said consumers were holding back for cheaper metal as reflected by the lack of buyers. One
      145 words
    • 130 5 CHICAGO Board of Trade soybean futures closed 914 cents per bushel higher to unchanged last Friday, with nearbys supported by a further decline in deliveries, strong cash basis values and slow country movement, traders said. "The nearbys gaining on the deferreds is a classic sign of a bull market,"
      130 words
    • 151 5 Reuter CHICAGO Board of Trade soft red winter wheat futures rallied to close three cents per bushel higher to unchanged last Friday, following the late sharp rally in the Kansas City hard red winter wheat market, traders said. Fears in the trade that the sub-freezing temperatures forecast for much
      Reuter  -  151 words
    • 1064 5 Activity reduced by holidays in East Asia and Europe AFP CONDITIONS were quiet on commodity markets last week, with activity reduced by holidays in the Far East and Europe. Cocoa became a casualty of thin trading conditions, falling to its lowest level for more than 13 years
      AFP  -  1,064 words
  • Page 5 Advertisements
    • 138 5 m W J HflfcfcV How far will Australia go to share in Asia's success? The Australia Survey in this week's issue of The Economist takes a long hard look at the land Down Under. But does Australia have what it takes to make changes? The entrepreneurial spirit that helped With
      138 words

  • THE ARTS
    • 567 6 DANCE FOR BALLET FANS and ballotemanes who deplore paying more than $30 (or tickets to watch a legend perform in real life, an alternative would be to turn to that electrical goggle-box at home and pick the choicest ballet programmes that SBC has lined up on
      567 words
    • 839 6 OPERA STOCKY TENORS stretching thick necks to reach the high Cs. Villainous mezzos, baritones and basses plotting revenge and murder. Overweight sopranos expiring from love, consumption or sheer excess of cholesterol In short, dreary melodrama in which everybody screams. It that's what you think opera is
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    • 837 6  -  Last Saturday in Executive Lifestyle, LEONG SAU MING, with an eye on the performing arts, went behind the scenes at Channel 12 to talk to the head of SBC's Programme Acquisition and Scheduling Unit, Sandra Buenaventura Here, she presents a sampling of what music lovers can
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    • 677 7  -  DANCE: Rudolf Nureyev and Friends By LISA LEE IT WASN'T until the third item on the programme that audiences got to see mega-star Rudolf Nureyev perform an unusual delay for any world-re-nowned premier danseur. Nonetheless, Saturday night s performance was a chance in a
      Picture by LIM SENG TIONG  -  677 words
    • 515 7  -  MUSIC By MALINI TAMBYAH RHYTHM is the backbone, the pulse and core of any music, especially Indian music. Nishikant Barodekar on tabla certainly was the life and soul of last Friday's concert, Nadopaaana, by artistes from India. Both in his solo pieces and in
      515 words
    • 480 7  -  By MARIA YANG THE YELLOW RIVER piano concerto and cantata, a stirring and popular work in modern China, could not have been better chosen for the SSO's Chinaee Music Evenings on May 5. 6 and tomorrow night. Inspired by the suffering of
      480 words
  • Page 6 Advertisements
    • 47 6 SOTHEBY'S FOUNDED 1744 Fine Modern Chinese Paintings 18th May 1989 Hong Kong Qi Baishi "Archer And Flying Geese" Hanging Scroll, Ink And Colour On Paper Estimate HK$2OO,OOO-250,000 For Enquiries Contact SOTHEBY o Singapore Branch No. 1 CuscadenKoad #01-07 The Regent Singapore Singapore 1024. Fax: 737-0295 Tel: 732-8239
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  • Page 6 Miscellaneous
    • 297 6 Cultural programmes for SBC 12 (May to December, 1989) DANCE May 9,10.30pm Napoli (The Royal Danish Ballet) May 16,10.10pm Documentary on Sylvie Guillem May 23, 9.30pm Cendrillon (Paris Opera Ballet) May 30, 9.30pm Alexandra Danilova, Reflections of a Dancer June 13 July 18, 9.30pm The Dancemakers (6 half-hour programmes) June
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  • Page 7 Advertisements
    • 121 7 k. MORNING 0830 HRS 1,. v H Thai flies non-stop to Bangkok 3 times a day, everyday —365| days a year. Flying to Bangkok is easier with Thai. With three convenientlytimed departures per day, everyday 365 days a year. And our smooth-running schedule quite naturally "38 jm extends into smooth
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  • Page 7 Miscellaneous

  • SPORTS
    • 398 8 KENTUCKY DERBY AP CHARLIE WHITTINGHAM became the oldest trainer ever to win a Kentucky Derby in 1986 with Ferdinand. On Saturday, he reinforced his hold on that honour. At age 76, Whittingham won his second Derby in five trips, sending Sunday Silence
      AP  -  398 words
    • 253 8 BASKETBALL AP PHOENIX SUNS' rookie guard Dan Majerle, a distant runner-up to Golden State's Mitch Richmond in this year's National Basketabll Association Rookie of the Year race, has earned himself a little satisfaction. Tom Chambers scored 13 of his 25 points in a lopsided third
      AP  -  253 words
    • 228 9 CYCLING UPI OLYMPIC CHAMPION Viatcheslav Ekimov of the Soviet Union beat Gert-Jan Theunisse of the Netherlands in a sprint to the finish on Saturday to win the first stage of the inaugural Tour de Trump in New York. Ekimov covered the 110-mile
      UPI  -  228 words
    • 461 9  -  MARATHON By CHARLES SAVAGE AUSTRALIAN MARATHONER Stephen Moneghetti was the star of the Mobil Marathon 89 su-per-clinic at the Botanic Gardens yesterday, attended by about 500 veteran and first-time marathoners From his own experience, Moneghetti knew the runners would have lots of questions and he
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    • 430 9 GOLF AFP SPAIN'S Severiano Ballesteros survived a nail-biting finish to beat Welsh World Cup golfer Mark Mouland and reach the semi-finals of the Grand Prix of Europe at St Pierre in Wales on Saturday. The Open champion thrashed American Mike Allen 8 and 6
      AFP  -  430 words
    • 139 9 AP LARRY MIZE dropped a 25-foot birdie putt on the final hole to complete a 7-under-par 63 and move into a tie with Wayne Levi for the third round lead on Saturday in the US$l million Byron Nelson Classic. Mize, whose last victory came
      AP  -  139 words
    • 274 9 BOXING AP ITALY'S Francesco Damiani knocked out South African Johnny Du Plooy in the third round on Saturday to take the vacant heavyweight title of the newlyestablished World Boxing Organisation (WBO) in Sicily. Du Plooy. a 24-year-old from Johannesburg who was leading on
      AP  -  274 words
    • 274 9 TENNIS AP TOP-SEEDED Ivan Lendl continued to dominate Brad Gilbert and defending champion Andre Agassi overcame a strained back to beat Aaron Krickstein on Saturday in the quarter-finals of the Tournament of Champions. Lendl beat Gilbert for the 15th time without a loss, 6-0,
      AP  -  274 words
  • Page 8 Advertisements
    • 884 8 Where tv entertain... Where tv entertain... Where tv entertain... Where tv Hainanese Buffet 1 15 May Lunch or Dinner Adults: Children: Cafe Plaza II IV/I ults: $14.50+ Jfrf) ildren: $9.00 Plaza Hotel SIIGAPORt WARM«COtO<J*f UL*I*VITI.K»C Beach Road Singapore 0719 Tel: *****11 Pjftfinount Hotel Where the happy people go DANCING LOUNGE
      884 words
    • 156 8 The Greatest Love of all. Celebrate it Here's put Buffet Lunch with over 40 varieties to choose Irani Drunken Prawnt Peking Duck. Chicken/ Duck Hotel Soup. Extern delicacies. Western delights and a dazzling array of salad* and desserts. Price $16i)0+ (adult) $12.5#+ (child under 12) Tae 11 JO am -130
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  • Page 9 Advertisements
    • 187 9 entertain.... A g§# f A There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry Rahmschnitzei. Hainanese Chicken Rice. And much more. At Cafe in the
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  • Page 9 Miscellaneous
    • 648 9 CRYPTIC PUZZLE ACROSS 1 Vessel about to be wrecked (1-4) 6 An outing? Yes, with a crazy nut! (5) 9 However, such a clock has a dial outwardly (7) 10 Grand passion of a fitter (5) 11 Is to prosecute a certain publication (5) 12 No farewell from the Moor
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    • 1292 9 TV and RADIO Jacki Weaver and OUR CHOICE THE PERFECTIONIST, 10.30m1. Channel 5 This Australian movie should find some of us identifying with it. A university lecturer fancies himself the of the house and refuses to allow his wife to return to her career, which she left in order to
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  • SES
    • 1701 10  -  Singapore By HERMAN PHUA FOLLOWING last week's strong gains on the local stock market, analysts are expecting the Straits Times Industrials Index to breach the psychological 1,300 mark within the next few weeks. In its outlook for this week, UOB Securities Research is
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  • 6267 10 Gr's Gr 3 1989 Tel Last Vol Week Last Quote Dlv Dlv Y'W Net M Cap High Low Code Company Sale or(000) High Low Buyer Seller C'vr P/E $mll MAY 05 SESDAQ 168 120 t 4000 Amtek Eng 20c 161 -7 442 168 161 160 162 10
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  • MARKET REVIEWS
    • 712 11 K.Lumpur BULLS MADE a strong comeback with renewed vigour after a short break the previous week to close widely firmer at the Kuala Lumpur stock market last week Especially firm were second and lower liners as well as some situational stocks in the industrials sector.
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    • 444 11 Tokyo AFP SHARE PRICES on the Tokyo Stock Exchange (TSE) kept rising in a record-breaking performance during the two-day session last week on investors' anticipation of further advances in the coming weeks. The market opened only on Monday and Tuesday and closed the rest of the
      AFP  -  444 words
    • 293 11 ■Australia AFP THE RE-EMERGENCE of foreign buyers and continued action in situational stocks fuelled trading on the Australian share market in an otherwise dull week marked by nervousness and profittaking. Brokers said that a fall in bullion at the start of the week, coupled with
      AFP  -  293 words
    • 961 11  -  Week ended May 5 Compiled by JULIANA TAY SCRIP ISSUES Alcom: Proposed capital reduction from MsBl 56m to M516.31m through a write-down of Msl par value to MJO2O. followed by the consolidation of five of the 20-sen shares into one shore of Msl each Rights issue of three-for-on®
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    • 588 12 Hongkong DBS Securities WITH the student protest in China coming to a peaceful end. at least for the time being, the Hang Seng Index set a postCrash high of 3,262 last week in active trading. The week had begun cautiously as the
      DBS Securities  -  588 words
    • 691 12 New York UPI THE US stock market broke a string of five consecutive weekly advances after a rally triggered on Friday by the April employment report failed to offset the negative effects of profit-taking. The Dow Jones Industrial Average, which fell 2.94 points on Friday
      UPI  -  691 words
    • 758 12 BONDS, LOANS WARRANTS Company Eiplry/ Coupon Conversion period Interest I maturity dale <%> payable •hare CK Tang Wrts *****990 Anytime to May 31. 1990 1 warrant plus $2 25 cosh Cnuan hop Wrts 1991 Anytime on or after March 1.6 warrants plus $1.60 cash 1987 until Dec 31, 1991. Gty
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    • 203 12 AFP THE Frankfurt stock exchange had a quiet three-day trading week (there were two holidays), with stocks managing a moderate rise on the week The DAX-30 spot trend indicator ended the week at 1,380.46, up 9.56 points from the previous Friday, and the Commerzbank indicator
      AFP  -  203 words
    • 643 12  - Ten good years but now? London By RAY HEATH, Writing for BT from London THE PARTY almost got pooped last week. Even as Prime Minister Margaret Thatcher was blowing out the candles on the cake baked to celebrate her 10 years in office, down in the Welsh Valleys, the voters
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    • 1456 12 Current payment Ex dale Books ckx# Dele payable Total lor the year Total tot last yea A 1 N 14 5% May 2 Moy 10 28% 27% A Enterprises 4%W May 3 May 18 Jun 8 H% 10% Ajinomoto 10% Apr 24 Moy 10 Moy 25 10% 83%lol
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    • 322 12 AFP INDIAN Prime Minister Rajiv Gandhi's statement that options were being kept open for a possible early general election this year resulted in subdued trading in India's premier stock exchange market in Bombay. Mr Gandhi told reporters in western Ahmedabad city on
      AFP  -  322 words
    • 101 12 Company RIGHTS ISSUE George Town Three-lor-two $1.00 per shore En-dot*: Morch 13 Books dOM: Morch 28 Acceptance Payment May 12 Guthrie GTS Three-tor one ol $0 20 shore $0 22 each with two $020 nonwnol loon stocks ond four TS(s Ex-dote: April 12 Books close: April 24 Acceptonce
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    • 358 12 Company RIGHTS ISSUE Alcorn Proposed capital reduction fro* M)8I 56 to M$l63lm through o write-down of M$l por volue to M$020. followed by the consolidation of five of the 20-sen shore into one share of M$l each tights issue of three-for-one M$080 Ayer Hitam Tin One (or one
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  • WORLD MARKETS
    • 791 13 New York Reuter, AFP A DAY-LONG RALLY on Wall Street, following five consecutive losing sessions, fizzled out in the final 20 minutes of trading on Friday. The Dow Jones Industrial Average edged 2.93 points lower to 2,381.96, after an earlier surge to above the
      Reuter,; AFP  -  791 words
    • 992 13 London Reuter MORNING WEAKNESS was reversed on the London stock market on Friday after Wall Street opened stronger. The Financial Times-Stock Exchange 100-share index rose 13.8 points, or 0.7 per cent, to 2,132.8. It was the highest closing level since the October 1987 stock market
      Reuter  -  992 words
    • 855 13 NYT RUPERT MURDOCH'S News Corp agreed on Friday to sell its travelrelated publications to Reed International pic, Britain's largest publishing company, for US$B25 million. The price, which will give the News Corp a pre-tax profit of about US$4B5 million, was considered high
      NYT  -  855 words
    • 1093 13 Amsterdam MAY 06 FLS 1ABN 432 1 Aegon 101 6 <-1 6 Ahold 106 S -0 1 Akzo 151 0 >1 7 Alrenta 161 0 0 2 AMEV 49 3 <•08 AMRO 780 05 Ass Stad 148 5 unch Berkel BOLS 142 5 1 Borsumy 148 0 -2 Buehrman Tetterode
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    • 485 13 NYT IN AN EFFORT to break a stalemate between two long-feuding executives and get on with an US$lB billion merger, Time Inc and Warner Communications Inc said on Friday that they were willing to concede that Warner had violated a
      NYT  -  485 words
    • 361 13 Reuter PLESSEY Co pic and General Electric Co pic have declined to comment on a story in the Financial Times that Plessey had held talks with GEC over their jointly-owned telecommunications firm, GEC Plessey Telecommunications pic (GPT). The newspaper said Plessey head Stephen Walls approached GEC
      Reuter  -  361 words
    • 172 13 IHT JARDINE Strategic Holdings Ltd. the investment arm of the Jardine Matheson group, has said that net profit in 1988 soared 67 per cent, to HKSB7S million, based on the strong results of its major subsidiaries The announcement last week came one day after Jardine
      IHT  -  172 words
    • 348 13 NYT DREXEL Burnham Lambert Inc lost US$l67 million last year, according to documents released on Friday as part of a court case. The loss would have been US$26l million but for an accounting change related to the treatment of income taxes Neither number, however,
      NYT  -  348 words
    • 84 13 Reuter VIACOM Inc stock rose 33/4 to 52-3/4 last Friday on speculation that it might merge or form a joint venture with either Gulf and Western Inc or MCA Inc. Friday's Wall Street Journal said Viacom had had some exploratory talks with Gulf and
      Reuter  -  84 words
  • Page 13 Advertisements
    • 427 13 NOTICES fc OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, M/S SIM HILL TAN of 70 Shenton Way #15-01 A 15th Storey Marina House Singapore 0207, Solicitors for SEROJA MARINE PTE LTD of 7500 A Beach Road #07-324 The Plaza Singapore 0719. hereby give notice that in consequence of
      427 words

  • 340 14 Bernama KAMUNTING Corporation Bhd, whose shareholders recently approved its move into plantations, is still looking for areas to diversify into and has targetted financial services as one of them, said its chief executive. Lim Thian Kiat. He said these included broking and discount
    Bernama  -  340 words
  • 283 14 Bernama MALAYSIAN Chinese Association (MCA) secretary-general Ng Cheng Kiat said the sale of Wisma MCA, the party's headquarters building, to Kelantan Plantations Sdn Bhd (since renamed Wisma MCA Sdn Bhd) was an above-board business transaction. He said in a statement on Saturday that
    Bernama  -  283 words
  • 424 14 AFP TAIWAN'S government is facing a manpower crisis as top civil servants, attracted by (aster promotion and fatter wage packets, are rushing to quit public service, a monthly magazine said yesterday. Private sector head-hunters offering to triple public salaries are draining government expertise,
    AFP  -  424 words
  • 366 14 Reuter INDONESIA, Asia's biggest borrower. has criticised the new US debt plan, saying it ignores Third World countries which have been good at paying their bills. "The good guys borrowing countries like Indonesia who have always serviced their debt are in some ways
    Reuter  -  366 words
  • 71 14 PRIME MINISTER Lee Kuan Yew (right) paid a Harl Raya visit yesterday morning to Sultan Mahmood Iskandar of Johor (left). Mr Lee, accompanied by Mrs Lee, Foreign Affairs and Community Development Minister Wong Kan Seng (middle), and Senior Minister of State for National Development and
    71 words
  • 322 14 AFP FORMER MEMBERS of criminal triads worried about the 1997 reversion of Hongkong to Beijing's control can now cut their gang ties and join the growing brain drain to other countries The Triad Renunciation Tribunal, launched last December, offers gang members a chance
    AFP  -  322 words
  • 267 14 Reuter THE DAY Mikhail Gorbachev arrives in Beijing later this month for summit talks, the Soviet Union will start withdrawing troops from Mongolia, as part of a big reduction of forces along the 6,500-km Chinese border. The pullout will be the culmination of
    Reuter  -  267 words
  • 123 14 AFP SOUTH KOREAN opposition parties on Saturday urged President Roh Tae-Woo to sack his prime minister and reshuffle the Cabinet as a means of solving the current political crisis. Kim Dae-Jung, leader of the Party for Peace and Democracy (PPD), the largest opposition group
    AFP  -  123 words
  • 286 14 Reuter VIETNAM'S Deputy Foreign Minister Dinh Nho Liem flew to China on Saturday for talks on Cambodia and improving longstrained ties between the two communist neighbours. But only hours before he arrived on his second visit to the Chinese capital in
    Reuter  -  286 words
  • SATURDAY ROUNDUP
    • 189 14 A quick look at Saturday's main news SGS-THOMSON Microelectronics announced plans to invest a further $360 million in its Singapore operations in an effort to become one of the world's top-10 producers of integrated circuits in five years' time. The investment plan, when completed, will bring
      189 words
    • 127 14 THE Small- and Medium-sized Enterprise Master Plan, focusing on enterprise development for local firms, will be announced later this month. To be revealed by Trade and Industry Minister Brig-Gen (Res) Lee Hsien Loong, the master plan follows a major workshop held last year in
      127 words
    • 205 14 A PROPOSAL for a national council to spearhead the development of the arts has been made by the Advisory Council on Culture and the Arts. To be called the Singapore National Arts Council and operating on a $10 million annual government grant in its first few
      205 words
    • 155 14 ENVIRONMENT MINISTER Dr Ahmad Mattar called on Muslim Singaporeans to make a united effort to help the proposed Mendaki II succeed. In his Hari Raya message, Dr Mattar, who is also the minister in charge of Muslim affairs, said success depends on the community
      155 words
    • 67 14 PRESIDENT Wee Kim Wee has rejected former Opposition parliamentarian J B Jeyaretnam's petition for a presidential pardon on his criminal convictions for fraudulent transfer of party funds and false declaration. After seeking the advice of the Attorney-General on the issues of law and justice raised in the
      67 words
  • LATE FILE
    • 62 14 AFP FRANCE denied yesterday that it was negotiating the rebuilding of an Iraqi nuclear reactor destroyed in an Israeli air raid eight years ago. There were "no on-going talks on the subject," a foreign ministry spokesman said, contradicting an Iraqi official who said
      AFP  -  62 words
    • 51 14 AFP THE British opposition Labour Party would beat the Conservative Party in the next general election if it repeated its performance in local elections held last week, according to a study on voting in 35 key constituencies carried out by the London Sunday Times.
      AFP  -  51 words
    • 34 14 AFP TAIWAN'S soaring inflation, which reached the highest level in more than seven years, was closely linked to the highly speculative stock market, an economic official said yesterday. AFP
      AFP  -  34 words
    • 41 14 AP IRAN'S outgoing President Ali Khamenei yesterday endorsed parliament speaker Hashemi Rafsanjani to succeed him. the official Islamic Republic News Agency reported. Khamenei also backed constitutional reforms that are expected to give the president more executive power AP
      AP  -  41 words
    • 67 14 Reuter A CHINESE government ministry, the Machinery and Electronics Ministry, is being sued in a court for the first time since 1949. the People s Daily said. The claimant, Citic Industrial Bank, a unit of China International Trust and Investment Corp, is asking the Beijing High
      Reuter  -  67 words
    • 65 14 Reuter CHINA'S production of beer now ranks third in the world as the Chinese appreciation for the beverage increases, the China Daily said yesterday. The country brewed over 6.5 million tonnes of beer in 1988, up 30 per cent from a year earlier and placing the
      Reuter  -  65 words
  • Page 14 Advertisements
    • 422 14 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. The Hong Leong Group has teamed up with two heavyweights in a major venture in the Philippines. 2. Are the results of the Big Four stockbroking firms in tandem
      422 words

  • SHIPPING TIMES
    • PORTSIDES
      • 148 15 Reuter CANADIAN Pacific Ltd unit CP Rail officially opened a US$5OO million project that includes the Western world's longest railway tunnel to ease the grade for westbound freight trains crossing the Canadian Rockies. Canadian Pacific chief executive W W Stinson helped move the inaugural train into
        Reuter  -  148 words
      • 119 15 Reuter IRAQ has cleared 78 wrecks from the the northern part of the Shatt al-Arab that leads to the Gulf, the governor of the southern port city of Basra said. "But the dredging of the southern part, which has the Iranian border on its east bank,
        Reuter  -  119 words
      • 64 15 Reuter THE 15,175 dwt Panamanian vessel Atlantic IV is in port at Balboa but engine repairs are stalled due to lack of parts and the ship may be towed to Europe, Lloyds Shipping Intelligence said. The vessel was towed to Balboa on April 20 after main
        Reuter  -  64 words
      • 81 15 Reuter THE 116,524 dwt Panamanian ore carrier Salpuri has been damaged after grounding twice in the Orinoco river, Venezuela, Lloyds Shipping Intelligence said. It said the vessel left the Ferrominera terminal at Puerto Ordaz on April 28 with 57,800 tonnes of iron ore for Antwerp
        Reuter  -  81 words
      • 64 15 Reuter THE bunker surcharge'for the freight conference covering trade between Brazil and the UK/Eire range is being raised due to rising bunker costs from May 15. The Brazil/Europe/Brazil Freight Conference said it was raising the surcharge for northbound traffic to 19 per cent from 13.5 per
        Reuter  -  64 words
    • 167 15  -  By Al O Labita, Jr A GREEK shipping conglomerate has bought two vessels disposed of by the state-owned Philippine National Bank (PNB). The bulk carriers Molave and Dona Corazon were sold last week for a total of US$2.45 million by Armenistis Shipping Corp.
      167 words
    • 1062 15 ABBS line XII 34 ABC Containerize XI Accord Shpg VIII 1 2 AFS XIII Ahrenkiel liner XII AC Toepfer XIII American fpt XH Arrow lines XI Assoc Carnage XIII ANl III 1 2 APC l«ne VII API V 3 5 ASCI V Aflos line XIII Bait Conada
      1,062 words
    • 411 15  -  By SHIRISH NADKARNI,AJIT AGHARKAR THE Asian Development Bank (ADB) has offered a credit tranche, that is, a portion of a share issue, worth US$l37 million (R52.16 billion) for the development of Indian ports. A high-level ADB team was in New Delhi last week
      411 words
    • 589 15  -  Bids will be made later this year By AL O LABITA, Jr COMPANIES in Singapore, Norway and the United States are keen to buy out the state-owned Philippine Shipyard and Engineering Corp (Philseco), Manila officials said. The interested parties, they indicated, would
      589 words
    • 345 15  -  By VONNIE BISHOP BERMUDA is confident of steady growth in its shipping register and expects its present small Asian following to show some increases in the near future. The tiny island also expects to maintain its strong presence in marine insurance, according to
      345 words
    • 195 15 Reuter SUN CO said it removed two sea captains from duty with its tanker fleet in the past year because of addiction problems. Responding to a shareholder query about Sun's policies on drug and alcohol abuse in view of
      Reuter  -  195 words
    • 788 16 The process of issuing a single marine insurance policy usually involves four different parties and, when it comes to claims, up to eight insurance specialists can enter the fray. So, just who are the "players" in this complex market? And what roles do they play? In this fortnightly
      788 words
    • 782 16 Reuter AN INTERNATIONAL boom in smuggling animal products has turned the storage room at New York's busiest "port of entry" for wildlife into a virtual animal morgue. Sealed in plastic bags and freezers in a room are confiscated sea turtles, crocodiles, snakes,
      Reuter  -  782 words
    • 583 16 SECONDHAND tonnage brokers said Greek buyers bought four general cargo vessels, the Dobra Korana. Mreznica and Rjcina, each of about 15 124 dwt and built 1969, for US$B 65 million end bloc. Other vessels bought by Greek buyers include the Brainpower, tweendecker of 20,349 dwt and built 1977, at
      583 words
    • 928 16 THIS FORTNIGHTLY report. compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem. Market movements are indicated The Cockett Bunker Price Index change and the
      928 words
    • 2274 16 Who acts for whom A —B A 8 Shipping Boustead Shpg Agencies (S) ABBS Line -SMS Pte Lid (S)/Tunas Sella (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepler Oceanus Shipping Agency <S)/Mulliport Sdn Bhd
      2,274 words
    • 427 17 THE POTENTIAL for growth of containerisation in India is vast but still handicapped by limited inland infrastructure However, this problem is now receiving keen attention to enable full-scale development of container operations India in 1988 achieved a total container throughput of 521,000 TEUs. Like China,
      427 words
    • 841 17 FIRM freight rates on Thursday emerged for grain shipments from the US to Japan and partly reflected a 38 points jump in the Baltic Freight Index to a record high of 1,687, up from a previous peak of 1,650 on January 18 A rate of US$29 was reported
      841 words
    • 11294 24 §®aBE)(DIIB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      11,294 words
    • 1491 28 AT CONVENTIONAL WHARVES Vessel Voy Berth Arrival Departure Keppel Wharves Als Prosper. 06EB89 K16 oloogs.de 0/ 1300 Dode 4/89 K33 alongside 06/2300 Eastern Gl I3E KI8 alongs.de 08 0000 Kr.s Modura 03W K28 alongside 00.0600 I Petoling 3 KG89I4 K1 alongside 08,0600 Motovun 2,89 KI7 olongside 06
      1,491 words
    • 398 28 May 812 Economics Operations of Bunkering, to be held at the Omni Marco Polo Hotel. This course, conducted by the College of Petroleum Studies, aims to provide an in-depth analysis of the international supply system for bunker oil and presents an insight into bunker oil pricing, planning and
      398 words
    • 453 28 Reuter THE Baltic Freight Index, the barometer of the dry cargo freight market, jumped 38 points to a record 1.687 points, propelled by firm physical freight rates The previous record of 1,650 was set last Jan 18 A tightening in supply of tonnage.
      Reuter  -  453 words
  • Page 15 Advertisements
    • 3 15 TIMKS STP Distributors
      3 words
    • 17 15 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association
      17 words
    • 128 15 TIMES STP Distributors m India overcomes containerising problems, PAGE 111 THEIR PHONES STOPPED o RINGING The effectiveness of advertising in Business Times has been proven yet again. Mr Mo Xiao Hui and Mr Albert Adam of M V Marketing Pte Ltd jointly placed an advertisement in the Business Times on
      128 words
    • 144 15 INSIDE n S* v...,V The process of issuing a single marine insurance policy usually involves four different parties and, when it comes to claims, up to eight insurance specialists can enter the fray. So, just who are the "players" in this complex market? PAGE II India overcomes problems THE POTENTIAL
      144 words


  • Page 17 Advertisements
    • 979 17 lA'CIu-QU'J U» Stwict* WW im Jordines IAROINt SHIPPING AGENCIES TOO Cjntonmfnt Hatd #12 05 Sootfipoinl, Sinstpo>* ''JOB f«t *****11 TfliX NO AS 24m riumiNAi.os r«t uoo2it 220 BOOKINGS rrt 0TQ234 235 PfSANA JAROINE SNIPFtNC AUNCItS SON tNO PORT KEIANG HI *****11 Fr*«i No MAJJ477/MAJ97OI PENANG TEL *****4 KltX NO MA4OO/3
      979 words
    • 924 17 -#1 MAERSK LINE 'Port 'Penang Kelang This ween Marcher! M Closing T.me CY 8/5 2300 MRS CFS 8/5 1300 MRS rnis wee* Marchen M Closing Time CY 8/5 2300 MRS CFS 8/5 1300 MRS MARCMEN M LEISE M LOUIS M MARGRETHE M MCTTE M LAURA M REGINA M LEXA M
      924 words

  • Page 18 Advertisements
    • 724 18 Hapag -Lloyd CONTAINER SERVICE TO UK/CONTINENT BENALDER LA SEINE BENAVON TOKIO EXPRESS NIPPONCA OSAKA BAY TOLAGA BAY HEIDELBERG EXPRESS P KELANG SOUTHAMPTON 13/5 30/5 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP LE HAVRE 6/6 ALSO ACCEPTING CARGO TO: ALL UK INLANO DESTINATIONS. BELFAST, DUBLIN, COPENHAGEN. AARHUS. GOTHENBURG MALMO HELSINKI OSLO AMSTEROAM, CARIBBEAN S.
      724 words
    • 419 18 vTT° COLUMBUS LINE REEDERE! GMBH fc- (A SERVICE OF HAMBURG-SUDi EXPfIfSS S€MKOWTA#€P S€PVKE TO ND T0 U *Q S PORE ROM/A DAM HBG HULL (U.K.) FORTHBANK V24N 1715 11* IVYBANK V-24N m BWI TAMA.TAI SAMOA VISN [w !l/S jojl •»m Atcttmm rCL l« *"tw*fp<Bf«»« n/ f,|,„ tow Soutlwnp<on<B«<«»»l/Co»h«nburi (ASIA-SOUTH PACIFIC
      419 words
    • 1132 18 TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE U tUhUrk (VIA FEEDER) NORASIA AL MANSOORAH VB9OB 3 10/5 11/5 13/5 "m R PJ J-. E JAPAN SEA 8909 3 16fi 17 5 7 5 u 7 lt B 6 10/6 12/6 NORASIA PEARL 8910-3 22/5 23 5 24 5 8 6
      1,132 words

  • Page 19 Advertisements
    • 1405 19 Steamers Maritime Holdings Ltd W4P&O "^Vrnnt Containers CONTAINER SERVICE TO UK/CONTINENT U SEINE KNALOtR TO* 10 EXPRESS BEN A VON RIPPONICA TOKYO BAY OSAKA BAY TOLAGA BAY Alio Accepting Cargo For: to Co«MnlU(wi. Ajrhut. Goliwnburj. Malma. Stockholm. Helsinki. Sondorturf Rotterdam to Antwerp. Amsterdam. Oslo. Basle. Zurich Br amen haven :to
      1,405 words
    • 1058 19 YANG LINE WESTBOUND CHOYANC PARK 007W HANJIN OAKLAND 007W CHOYANG SUCCESS 003* HANJIN TONGHAE 061 V» Also »cte(X.nj for Inland UK dwtiMfcons Antwerp ,nd ScMdnaviM ports e MG FIOTA MERCANTE GR ANCOLOMBIAN A. S.A s*' on*. w ni o« WEEKLY EXPRESS INDEPENDENT FAR EAST/EDROPE FULLY CONTAINERISED SERVIC "EAST BOUND CHOYANG
      1,058 words
    • 399 19 Mb Hai Sum Hup Co (Pte) Ltd TEL *****06 (20 Lln»») TLX R*****1 A R*****? I fc. KASTKKX CAR I.INKK LTD STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! VESSEL ASIAN TAMllllur mri VOY. NO S'pore P. Kelang Penang Hong Kong Yokohama Nagoya Osaka Senboku Mo j i Takamatsu
      399 words

  • Page 20 Advertisements
    • 469 20 \HSINOSE MARITIME PTE LTD ISLAMIC M PUBLIC OP IRAN SHIPPING LINKS IRAN MIEAO PJL69I IRANIAN SERVICE Singapore Loading for Sld BANDAR ABBAS SOUTH PACIFIC SERVICE MOTHER VSI KYOWA VIOLET V 25 KYOWA HIBISCUS V 37 HK LOAD FOR 29/5 GUAM. SAIPAN. HRA. VILA, NMA. LTK. SVA. PAGO. APIA 29/6 GUAM.
      469 words
    • 696 20 (g) HANJIN SHIPPING CO M LTD TO EUROPE VIA SUEZ FVL.L.V CONTAINERISED SERVICE I TO USA PACIFIC SOUTH WEST I FROM EUROPE VIA SUEZ HANJIN TONC HAE OWE HANJIN ROTTEROAM 002E CHOYANC CHANCE 041E HANJIN MASAN OWE It Havre R'dam H burg 19/4 20/4 21/4 26/4 27/4 28/4 3/5 4/5
      696 words
    • 217 20 INTEROCEAN LINE 78, 2nd Floor, Jalan 2/71, Taman Tun Or. lamaH, *0000 KL Tal: *****34, *****94, *****20 TLX. NO. MA-***** FAX: 03-*****11 Panang Off: Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS K LIN LIN SHIPPING PTE. LTD. 1. Magaime Road Mi Ot Central Bu.id.ng Singapore 0105 Tel 533M14
      217 words
    • 1174 20 r SHIPPING TIMES, Monday, May 8, 1989 EVER GOVERN EVER GARDEN EVER GROWTH EVER GRAND EVER GREET EVER GOLDEN ALSO ACCEPTING CARGO TO EVERGREEN Round-The-World East Bound TFE/CARIB/USEC/EHRO/ffi PUS HKT 11,05 23/05 r: 2MB 31/05 31* 0406 0/06 09,« OS/Ob 09 06 12*6 14 06 19* 2306 26,06 2J/06 26*
      1,174 words

  • Page 21 Advertisements
    • 846 21 £VvT PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES VOY SIN JKT VOY SIN HKG KAO KEE YOK 10NB 8/5 12/5 14/5 15/5 19/5 M l B 24/5 26/5 27/5 1/« 42N8 7/6 9/6 10/5 14/6 NGO KOB BUS 20/5 21/5 22/5 2/6
      846 words
    • 250 21 kbf NORBULK NORBULK CARGO SERVICES LTD. *!l REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES "O: UK CONTINENT PO'RTS OTHER SERVICES SPORE MARATHON UNITED AGENCY PTE LTD TEL 222 MM KL/PK. S P YEO SHPQ i TROO KL: 7539M4 PK J4MIOI SABAH TRANSPAC KK TEL: 594M/*****8 L BREAKBULK SERVICE TO EUROPE/UK S'pore
      250 words
    • 325 21 r BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT m m 1V» 17/1 W m an u/t 11* i« a* H M 1M n* i*n an vn \fl v *<* nn v *n M l'l %l 11/7 on ciptmi M im n; ito nn an mi Uprau V 7/7 I
      325 words
    • 451 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDCM IWDOWESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY SRIWI JAY A/26W8 S PANJANG/22 WB KUTAI/17WB ROAM/ADAM BREMEN Subject to Inducement. Also accepting cargo to Casablanca. Port Said, Port Alexandria, Genoa. Trieste. ALSO
      451 words
    • 418 21 BOUSTEAD SHIPPING AGENCIES to PAGAN VI4IW HTONEYWA V247W PA-AN VI3BW MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon ■s'pore P.Kelang Penang Bangkok 4/5 May 13/15 May 21/23 May \A BANK LINE NORTHBOUND TO UKC SPORE ROAM HM6G HULL W is» m an, IVYBANK V24N 12/6 ||/7 15/7 tap
      418 words

  • Page 22 Advertisements
    • 548 22 K LINE KAWASAKI KISLN KAISIIA. LTI). EXPORT I. HTI i.« j 331 I IMPORT TnTTTTTI i. i: i JJ»:i MWrinf m in <i 1 i < t EXPORT IMPORT I ami: J f J ■■«l .1 111 I I r v it 23,5 EZB EM §9 2/6 9/6 22/6 mis
      548 words
    • 52 22 {t, -fi I'k //V (iOLDENWAY MARITIME SDN. BHD. ETA ETD Loading For HU V 7.89 6/5 10/5 Kuching/KK/labuan V 2/89 7/5 10/5 Tawau 1 V 4/89 18/5 22/5 Labuan Mm 6A, Lorong Cempening, off, Jin Berangan. Port Klang. 4?000, Selangor Tel *****80 *****84 *****88 Fa* No *****64 Telex No MA
      52 words
    • 558 22 J 1 \£l/U AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* KALIDAS V *2 TULSIOAS V 41 KALIOAS V 43 TULSIOAS V 42 Transit time Sinppore/ Melbourne U days P.Kelanf Penjnf By Feeder By Feeder 22 May V May 11 June V June 13 July 13 Iriy Frem Mett Sydc Ad*
      558 words
    • 335 22 golden line GUAN GUAN SHIPPING (PTE) LTD lelot Aytr Street SINGAPORE 0104 TEt U43W (10 LIMES) Ftt U***** STRAITS/PERSIAN GULF SERVICE GOLDEN BEAD Cotonbo/Ktradu/Oubai GOLDEN HARVEST Colombo,Kirjch./Oub,, CHINA SERVICE BAI YUN SHAN Shanfhai S'pore P KeUng 14/11 May am ku, HIJt May KANC HE m XING HE aw AN HE
      335 words
    • 542 22 anirri«u nmw, monaay, may o, iimj» lv-a PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD fco7-12 AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EAST/FAH EAST FCI. 1 L& I VESSEL |ETA SINGAPORE |DESTINATION X fit 111 rrmm V'liiflfi il'ilffl NEW GENIORD n iHB li rr
      542 words

  • Page 23 Advertisements
    • 723 23 Sgon» NIPIIM AGCNCIfS P!i. I ID u«n«rj| Booli.nai (Mama Inward/ feimm.il CfS »snvr W w 'A ,m ,P S A mm 2 muM n BW// im/\) imm nuw woui awn* NEPTUNE NlPllft SON BHO i H )«r»a/ K lumpur tttWl WOOJS WW U/WI urw JBaliru 51(640 515R3 *****4 EXPORT I
      723 words
    • 212 23 Wi JE CONTAINER LINE f— TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANG PENANG BANGKOK HONG KONG CHINA KAOHSIUNG KEELUNC 10/5 t 13/5 m i 13/s S/S* ?/5 6/5 A 9/5 6/5 i 9/5 7/5 i 13/S 7/5 A 13/S MANILA BUSAN
      212 words
    • 410 23 1 of DON AMI HEUNC-A SNIPPING Korean Flag Vessels SEM.-CONTAINERISED DIRECT SEPVICS KELANG PENANG KEELUNG BUSAN STRAITS/KOREA SERVICE TO NCHON Vessels Name ITD 8S S PORE PKLG KEE SUSAN MO JI NO 9 DONAMOO4N 30/04 11 13 05 14 IMB 23 2305 21-3105 21/05 •CLORIA/905N 10/05 22-23/05 20 2105 30-3005
      410 words
    • 882 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD r' 1?°»^ U L °LmcSi S nga P° re 0104 Tel: *****33 < 15 Lin es) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** PENANC P KELANG miS HAft OUNC SYSTEM CO SON BHD PAS?» CJHUMC
      882 words

  • Page 24 Advertisements
    • 263 24 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. HI m liHiirt U I.imM FAX 7/VI l')//74rt'W»i lUM US /'HHH A/8 SSCMA MS /•> W) A/H SSCAI) DSR-LINES UL VEB OEUTPRACHT SEEPEEOERE ROSTOCK < if INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND RUEBELAND 4/89 E THAELNANN 4,89
      263 words
    • 60 24 T.S.K. LINE WEEKLY CONTAINEfIISeO SEAVICC WITH FIXED OAY ARRIVAL TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. KABUKI V2l ETA SIN 9/5/89 SPORE > KAOSHIUNG KEELUNG TOKYO SHIMIZU NAGOYA KOBE > > 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS EXPORTS TO SURABAYA TSKLINE AGENCIE
      60 words

  • Page 25 Advertisements
    • 763 25 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT WE WISH ALL OUR SHIPPERS SELAMAT HARI RAYA AIDILFITRI Agents UNIPACIFIC TRANS TRADING AGENCY SON BHO PORT KLANG 03-*****11/*****66 FAX 03-*****33 B. S. C. BANGLADESH NATIONAL LINE I Bangladesh Government Enterprise)
      763 words
    • 765 25 SIGMA EXPRESS (S) PTE LTD > TEL. *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK BUSAN BOMBAY COLOMBO HONGKONG MUARA/LABUAN/KK KUCHING/SIBU KOBE/NAGOYA YOKOHAMA LE HAVRE/HAMBURG FELIXSTOWE/R'D AM KEELUNG/KAOSHIUNG FREMANTLE SYDNEY/MELBOURNE LONG BEACH/LOS ANGELES 12/5 11/5 15/5 13/5 12/5 10/5 11/5 15/5 15/5 13/5 13/5 12/5 19/5 9/5 11/5 NEW ZEALAND PORTS
      765 words
    • 210 25 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE (NOTE: DOOR TO DOOR/REEFER SERVICE AVAILABLE) CONTACT PERSONS MR ROBERT OH/ HENRY/ MR JUUAN LIM/ANWAR TELEPHONE NO 224*071, *****72 TELEX/FAX NOS RS 20*40 BALTRA/*****73 OFFICE ADDRESS 7» ROBINSON ROAD. #24-04 CPF BUILDING. SINGAPORE 0106 OUR CUSTOM REGISTRATION NO: **********0 M. Hamburg
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    • 151 25 sM>FARGO SHIPPING Tel: 884 012S REGULAR EXPRESSFCL&U^ERVICE DESTINATION BANGKOK PORT KELANG (Fa ONLY) HONG KONG KEELUNG. KAOHSIUNG MANILA JAKARTA (FCL ONLY) TOKYO, KOBE. BUSAN (FCL ONLY) ETA SINGAPORE JARU BHUM PIYA BHUM SIRI BHUM KITI BHUM KITI BHUM 35N 9/5 17SN U/S 4UN 15/5 277N 10/5 278N 14/5 26/5 9/5.
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  • Page 26 Advertisements
    • 288 26 IfTransocean Marine,lnc. CONVENTIONAL LINER SERVICE FROM USA MEXICO TO WEST COAST/GULF/EAST COAST PORTS VESSEL ETA ETD PHILIA V9OSE 12/5 15/5 MIN JIANG V9O7E 22/5 25/5 SAN MATEO VICTORY V9O9E 27/5 31/5 FOR LA/OAK/VANC WASH, BC CAM/NFK/CHA/NOLA/HOUS LA/OAK/VANC WASH. BC OTHER DISCHARGE PORTS IN USA ARE SUBJECT TO MINIMUM INDUCEMENT OF
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    • 312 26 OcEffnSeßu/nF LCL/FCL SERVICE TO/FROM operates over 600 terminals/offices in U.S.A. maintains over 35,000 tractors trucks, serves over 60,000 points in U.S.A. offers reliable LCL/FCL services. S SINGAPORE srsssr, *****22 (22 LINES) 02****** Contact: Elaine Teo, Esther Yap. Jakarta 21-*****4 transintra /a shipping (Singapore) private limited Cargo bookings Tel: *****88 (5
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    • 314 26 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA General Agents: ASIA PERINTIS LINES PTE LTO 80 Anson Road #25-04 IBM Towers Singapore 0208 Tel: *****33 Tlx: ***** A/B PTASIA FAX: *****53 CR NO. **********0 C ahrenkiel liner service CONTAINS 4 LCI SERVICE TO PORT LOUIS 3. DURBAN WESTBOUND vessel
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  • Page 27 Advertisements
    • 602 27 I v •"niwfin mtill HI TVJDC UH CPV THROUGH BILL OF LADING TO FINAL DESTINATION Penang* HUGHEVERETT MANOLOEVERETT ROSEEVERETT P Kelang* Singapore 11/12 May 19/20 May 5/7 Jun "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE AND OTHER JAPAN PORTS* ALSO ACCEPTING CARGOES TO PUSAN' HONGKONG* DAVAO* AND TO OTHER REP
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    • 369 27 ZIM FULL CONTAINER SERVICE accepting FCI/LCL cargoes to USA East A West Coast Caribbean East Canada. HAITI Costa Rica, El Salvador. Guatemala Honduras Venezuela, Peru. Ecuador Colombia via Miami. Trinidad. Barbados Antigua. St Lucia, Montserrat Guayana via Kinfiton aznanaM'iß lIMZE i VtSStL I M GUAM 9 5 ZIM Mfißoum »*>
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    • 707 27 SING KWANG II SMWPING ft I*AN4»OArAIION (PTC) ITO WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG ,<> MAV MANILA ,0 m 7 y HONG KONG. ALL CHINA PORTS 13 MAY KEELUNG. KAOHSIUNG 14 M AV SUSAN fl TOKYO. KOBE 8 CHITTAGONG mav DUBAI 12 MAY SYDNEY. MELBOURNE 13 MAY BRISBANE.
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    • 452 27 FL SHIPPING PTE LTD FINE LINER SHIPPING PTE LTD' 70 SHENTON WAY. #04 0?C MARINA HOUSE S PORE 0207 TLX RS ***** FLINER FAX *****56 TEL. *****77 (12 LINES) VIETNAM SERVICE (FCL LCL) hochiminh 14/5 24/5.' 5/6 CHINA SERVICES Desinations: FROM PORT KELANG/SINGAPORE SHANTOU, GUANGZHOU HUANGPU, XIAMEN \kl CCLTi \i
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    • 410 27 PTC CONTAINER LINES FCI LCI SERVICE S]N FAB EAST 14/5 KEELUNG/KAOHSIUNG 13/5 BANGKOK 14/5 MANILA 13/5 JAKARTA 13/5 PORT KELANG/PENANG 11/5 BUSAN 26/5 TOKYO/YOKO/KOBE 13/5 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/XingangyShanghai SIN EUROPE/UK 13/5 RDM/HAM/ANT/LE HAVRE/GENOA 13/5 LDN/FLX/LVP/SOU General Agent* POH TIONG CHOON SHIPPING (PTE) LTD TEI- *****66
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  • Page 28 Advertisements
    • 176 28 a, ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and refer) and breakbulk cargo for both north and southbound. Heavylift capacity upto 60 tons. Vessel S'pore Penang Lae T'ville Loading For ANKE VOO2SB 25-26/5 27-28/5 7/6 13/6 Lae, Townsville, Pt Moresby (via T'ville) SAN JUAN
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    • 447 28 COLUMBUS LINE WESTERN AUSTRALIA-F E SERVICE (WAFE) CR NO **********0R VESSEL KAPITAN BABIYEVSKIY KAPITAN SILIIN VESSEL KAPITAN SILIN KAPITAN BABIYEVSKIY SOUTHBOUND VOY YKN OSK HK SPORE FREW GTON 4 9/5 11/5 16/5 21/5 28 30/5 31/5 4 29 30/5 31/5 1/6 6/6 11/6 18-20/6 21/6 NORTHBOUND VOY FREM GTON SPORE
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    • 523 28 r tW/ MilsciOSK Lines Ltd FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) S>or« PKolanj S tan H burf BrtmcK Rdm La Havro L* SEINE 12/5 sff 31,5 2fi 2*5 BCNALDER U/5 12/S 3*5 Iff 3ff M M BENAVON I*s aw iff Iff Mff llff 13ff MEDITERRANEAN (MED CLUB)* OCEANUS TOKYO OCEANUS
      523 words