The Business Times, 5 March 1990

Total Pages: 42
1 42 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Monday March 5 1990 75*
    10 words
  • NEWS SUMMARY
    • 37 1 THE Chinese textile industry's serious shortage of raw materials will soon be addressed, thanks to a new synthetic fibre factory in eastern China, the China Daily reported yesterday.
      37 words
    • 30 1 KREMLIN leader Mikhail Gorbachev said yesterday he was ready to accept nomination as the Soviet Union's first executive president, a post which would give him sweeping new powers.
      30 words
    • 28 1 COMMERCIAL BANKS, increasingly pressured by the tight labour market, are considering raising the salaries of their clerical staff by 18 per cent Page 2
      28 words
    • 36 1 SEVERAL state-owned Soviet trading companies have fallen behind on payments to Western suppliers and appear to be having difficulty gaining access to foreign exchange, Western bankers and diplomats have said Page 8
      36 words
    • 33 1 ANY ORDINARY yachtsman's spirits would be well soaked if he were keel-up in the middle of a race but not so local 470 ace Sicw Shaw Her. Page 14
      33 words
    • 42 1 CELLIST Frans Helmerson dwarfed the VCH concert platform with his presence on Friday night. His reading of Shostakovich's Cello Concerto No 2 had a dark, elegiac beauty, and the SSO followed his gentle but authoritative navigation well Page 15
      42 words
    • 23 1 P&O CONTAINERS is set to start a container/breakbulk service between Singapore and Vietnam this month. Shipping l imes Page One
      23 words
  • MARKET SUMMARY
    • 24 1 BEVERAGE group Yeo Hiap Seng is firming up plans to penetrate the Philippine mul-ti-billion-peso preserved foods and drinks market Page 3
      24 words
    • 32 1 AMERICAN EXPRESS has been approached by a major European insurance company that is interested in acquiring an equity stake in its troubled Shearson Lehman Hutton Securities subsidiary Page 4
      32 words
    • 45 1 THE US SECURITIES and Exchange Commission began an investigation immediately upon learning that Drexel Bumham Lambert Inc had paid hundreds of millions of dollars in bonuses to executives in the weeks before its parent company filed for bankruptcy protection Page 4
      45 words
    • 37 1 A SECRET PAPER on monetary union from West Germany's powerful central bank proposes that East and West German marks should be worth the same, according to an influential weekly German magazine Page 6
      37 words
    • Article, Illustration
      27 1 Friday Change BT-MGA 785.18 +3.47 Kuala Lumpur ..3050.47 +10.72 Hongkong 2937.93 +4.6 Tokyo 34.057.5 +227.98 Sydney 1,567.7 -2.4 New York 2,660.3 24.77 London 2,254.8 16.4
      27 words
    • 20 1 Exchange rates USS SSI.8780 Yen SSO.OI2528 M$ SS0.6935 Money market rates Overnight 5 1/2 urich 3-month 6 3/8 +1/8
      20 words
    • 29 1 Rubber S'pore Apr 159.75'/kg 2.00 M'sia Apr. M230.00*/kg +6.00 KL Tin Turnover 121 tonnes +65 Spot M$16.83/kg unch Crude palm oil Turnover 524 lots -348 Mar M$664/tonne -I
      29 words
  • 425 1  -  By Magdalene Ng THE STOCK Exchange of Singapore is studying ways of introducing new financial instruments in order to deepen the local market and increase its liquidity. One financial tool the regulatory body is examining is the covered warrant which is a derivative of the
    425 words
  • 487 1  -  By Elaine Koh MALAYSIAN conglomerate Sime Darby Bhd has reported a 27 per cent increase in group net profit to Msl29 7 million for the first six months of its financial year despite the poorer performance of its plantation division. Its turnover rose 19
    487 words
  • 499 1 AFP THAILAND'S top soldier General Chaovalit Yongchaiyuth has hinted he will resign as army chief and acting supreme commander by the end of March, according to a report on army-run television. The report quoted General Chaovalit as telling some 200 senior military officers last
    AFP  -  499 words
  • 191 1 Oana-Tna THAI Foreign Minister Siddhi Savetsila said in Bangkok during the weekend that the Cambodian resistance coalition government would lose its seat at this year's United Nations General Assembly if it cannot disprove Fhnom Penh's claim to controlling most of the country. Air Chief Marshal
    Oana-Tna  -  191 words
  • 321 1  -  By John Tan THE local rag trade, which posted a sluggish 2 per cent growth last year, is expecting no growth, or even a fall into the minus territory, this year. Faced with dismal reports of weakening overseas markets, local garment makers
    321 words
  • 137 1 Reuter GOVERNMENT forces recaptured an hotel in the northern Philippines seized yesterday by a rebel governor and hundreds of armed supporters but an army general being held hostage was killed, a military spokeswoman said. Spokeswoman Lourdes llustre said Brigadier-General Oscar Florendo apparently was shot by followers
    Reuter  -  137 words
  • Page 1 Advertisements
    • 289 1 I LLOYI* 1 Mad* in Otimin, King of shoes smmamsmcmmoi Yat Wang Pt« Ltd T«l: *****21 Fas: 29%*27% A SMALL STEP FOR US-JAPANESE TIES, BUT IN THE RIGHT DIRECTION 10 A HELPING HAND FOR THE SMALL BUSINESSES 11 WEIGHING THE GERMAN BOND MARKET 13 Aircraft Schedule 25 International Co News
      289 words
    • 120 1 K J| C. T.^HOO 27 Tanfin M 1024 Tafc *****43 7344X3 #01-22 Taagfen 9Mppfc« Ctntr. Tat 737*447 Sime S'pore interim results on target, Page 3 The beauty of JAl's new livery is more than skin deep. Look beyond it and you'll discover a new spirit of change and a host
      120 words

  • HOME NEWS
    • NEWS ROUNDUP
      • 89 2 A MINISTERIAL Committee on Land Transportation is to be set up to look into all aspects of land transportation. To be chaired by First Deputy Prime Minister Goh Chok Tong, the committee will study the road building programme, examine car usage measures, and review
        89 words
      • 86 2 UNDER THE new car quota system, individuals will only be allowed one application for each tender to prevent speculation. Companies, however, can make any number of bids but they will not be allowed to transfer their licences. Motor dealers can bid on behalf of
        86 words
      • 73 2 LAWYERS will eventually be able to carry out as much as three-quarters of their work by using the computerised legal database system, Law Net, to be launched in two months' time. Announcing this last Saturday, Attorney General Tan Boon Teik said Law Net will not only
        73 words
      • 99 2 THE Consumer Association of Singapore (Case) has commended Finance Minister Dr Richard Hu's Budget, saying it was a welcome relief for Singaporeans especially after the price increases over the last few months such as fees for independent schools and higher electricity rates. Case, however, expressed
        99 words
      • 57 2 THE Statistics (Amendment) Bill, introduced in Parliament on Friday, empowers the Chief Statistician to gain access to information obtained by certain research and statistics units under the Statistics Act. The Bill, which will be effective by notification in the Government Gazette, confers upon the Chief Statistician
        57 words
      • 66 2 TO BOOST its operations in Singapore, Hayes Microcomputer Products has appointed 15 dealers to provide support to its local distributor, Imagineering. The appointments provide Hayes with a complete dealer network "which strengthens our business operations in Singapore and enables us to further improve service to clients",
        66 words
    • 393 2  -  By Dexter Lee COMMERCIAL BANKS, increasingly pressured by the tight labour market, are considering raising the salaries of their clerical staff by 18 per cent. Bankers say that the starting salary of bank clerks is likely to be increased by $100, from $550 a
      393 words
    • 248 2  -  By Walton Morais RESIDENTS of smaller and older town councils must expect to pay higher service and conscrvancy fees in the future if they want better services, the Member of Parliament for Brickworks GRC, Mr Tan Soo Khoon, said yesterday. Speaking at the
      248 words
    • 263 2 THE FIRST steps arc being taken towards building contracts based on performance specifications, a move which would eventually give contractors a big say in the design aspects of a building. For a start, the Construction Industry Development Board (CIDB) is forming a
      263 words
    • 265 2 BED-SIDE terminals for computer-assisted patient care, paperless clinics with electronic medical records and smart cards with patient's medical history these are only some of the opportunities that Information Technology (IT) offers the health care industry, said Dr Kwa Soon Bee, Permanent Secretary
      265 words
  • Page 2 Advertisements
    • 272 2 1990 BUDGET AND TAX UPDATE ASSOCIATES PTE w 0 t I'M Are you in the dark about the Budget and its I lOht 3| thP implications? M.W vl If you need to know what the Budget opportunities, incentives and implications mean to your business, M attend Arthur Andersen Associates' Seminar.
      272 words
    • 284 2 B^Bl^—^ MBi^^^ IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg., 4-8-1 Hatcho-bon, Chuo ku. Tokyo 104, Japan Tel: 03 553 6961 Fax:o3-555-2892 swatnns "Handbook For Company Industry" H First published 1989 Ssl4/- I This is a revised. updated and enlarged edition
      284 words

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 424 3 SINGAPORE Feb 26 Feb 27 Feb 28 Mar 1 Mar 2 BT Comp 1 BT-MGA 6 ST Inds 1 BT OB/OS 10 BT CADI II BT 10-day av II BTOBV II ST Financc 8 ST Hotels 4 ST Prop 5 DBS CPF 9 DBS 50 9 OCBC
      424 words
    • COMPANY BRIEFS
      • 84 3 JERICO Sdn Bhd has increased its shareholding in Malayan United Industries Bhd (MUI) to 44.18 million shares by acquiring another 632,000 shares recently. The company said that the 632,000 shares were acquired between Feb 20 and Feb 23 and registered in the name of Faith
        84 words
      • 58 3 METROPLEX Bhd showed a 3.7 per cent drop in after-tax profit to M 57.23 million for the year ended Jan 31, 1990. Turnover rose 24 per cent to M 537.14 million, from M 528.35 million previously. The group's net tangible assets backing per 50 sen share
        58 words
      • 53 3 NESTLE (Malaysia) Bhd announced a pre-tax profit of M 592.64 million last year, up 18.5 per cent from 1988, on an 18.5 per cent rise in turnover to M 5913.85 million. A third and final dividend of five sen, brings total dividends for 1989
        53 words
      • 79 3 GOLDEN Plus Holdings Bhd will utilise about half of the Msss million proceeds from its rights issue for the expansion programme of its wholly-owned subsidiary, Syarikat Kuari Ampang Sdn Bhd. The remainder will be used to finance the construction of its new headquarters, rights issue expenses
        79 words
    • 144 3 SEMBAWANG Maritime, the salvage and harbour towage group soon to be controlled by Sembawang Shipyard, has won a $31-mil-lion contract to supply and construct a submarine pipeline for Shell Eastern Petroleum. The eight-km-long pipeline will link Shell's refinery on Pulau Bukom to its new distribution
      144 words
    • 540 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh PENNY STOCK lovers would have done themselves proud if they had pickcd up two Malaysian stocks that the market had left for dead last year. The two the only hotel stocks listed on the KLSE
      540 words
    • 452 3  -  From Al 0 Labita in Manila BEVERAGE group Yeo Hiap Seng is firming up plans to penetrate the Philippines' multi-billion peso preserved foods and drinks market. As its initial step, YHS has forged a marketing tie-up with Seven Cs Corp, a Filipino firm which manages the
      452 words
    • 433 3 TRACTORS Malaysia Holdings has become the star performer in the Sime Darby stable, showing a strong 91 per cent rise in after-tax earnings to M 531.3 million for the first six months. Continuing demand from loggers in Sarawak and increased activity in construction
      433 words
    • 226 3 Reuter THE Kuala Lumpur Stock Exchange (KLSE) has introduced a new ruling to discourage stockbroking firms from poaching rivals' staff. A KLSE circular said Malaysia's 53 stockbroking companies, some of whose staff have been switching firms as demand for their services soared, should seek
      Reuter  -  226 words
    • 279 3 SIME SINGAPORE Ltd, the Singapore arm of the Sime Darby group listed only last week, has reported a maiden net profit of 5516.5 million for the first half, a 41 per cent jump over the previous period. Earnings from the group's six core activities,
      279 words
  • Page 3 Advertisements
    • 178 3 Visit The Oriental, Singapore for a taste of traditional British cooking. T H E O R I I NTAL SINGAPORE If you find yourself reminiscing about Bubble and Squeak and Lancashire bangers and mash, roast beef and hot pot with traditional condiments shepherds pic, you'll be delighted like chutneys, mustards
      178 words

  • INTERNATIONAL COMPANY NEWS
    • 241 4 AFP THE SOUTH KOREAN government has announced a scries of measures to boost the sluggish stock market. The new measures included setting up a fund for foreign investors, which dealers said was welcomed as it brought new money into a market still largely closed
      AFP  -  241 words
    • 456 4 FT AMERICAN EXPRESS has been approached by a major European insurance company that is interested in acquiring an equity stake in its troubled Shearson Lehman Hutton Securities subsidiary. The European approach is one of several overtures that have been made to American Express since it emerged
      FT  -  456 words
    • 314 4 NYT THE US Securities and Exchange Commission began an investigation immediately upon learning that Drexel Burnham Lambert Inc had paid hundreds of millions of dollars in bonuses to executives in the weeks before its parent company filed for bankruptcy protection. SEC chairman Richard C Breeden, in
      NYT  -  314 words
    • 385 4 Reuter AB VOLVO'S 1989 results are expected to disclose sharply lower profits for its car division, although accounting changes will help hold up the group's figures for the year. "Profits from the car division might be halved," said Mr Philip Ayton of Barclays
      Reuter  -  385 words
    • 181 4 AFP AUSTRALIAN brewer Elders IXL has sold its 23.6 per cent stake in Scottish and Newcastle on the London stock market. The shares were sold at 290p each compared with their current market price of 3Q7p. Mr Alick Rankin, chairman of Scottish and Newcastle, said
      AFP  -  181 words
    • 235 4 Reuter UNION CARBIDE Corp's decision to retain its core businesses is a strategy that could backfire and eventually make the company susceptible to a hostile takeover. Union Carbide chairman Robert Kennedy said after a board meeting last week the firm would continue to operate
      Reuter  -  235 words
    • 111 4 NEW YORK Mar 2 ImHcm Clow Pmim Nm CWege Dow Jones 2,660.3 2,635.5 v 4-24.77 NYSE Composite NA 183.52 Standard Poors 500 335.54. 332.74 +JJ0 Turnover (nearest XXX)) 164,300 157,930 6,J?0 LONDON Financial Times 30 1,774.2 1764.9 +9.3 FTSE 100 2,254.8 2238.4 +16.4 Turnover (nearest XXX)) 542,000 376,000
      111 words
    • COMPANY BRIEFS
      • 58 4 THE FUTURE Airbus A 321, an elongated version of the fully-computerised A 320, will be entirely assembled and trimmed in Hamburg, West Germany, the European consortium Airbus Industrie said. The decision made by the company board ends a lengthy dispute between France and
        58 words
      • 74 4 SWEDEN'S AB Volvo which recently announced a deal with French state-owned vehicle maker Renault, said no to a complete merger because it did not want to lose control of its car unit, Renault's chairman said. "Volvo did not accept us taking over their car unit. I
        74 words
      • 57 4 BRABHAM and Onyx, the two English Formula-One teams in danger of folding, have been saved by Japanese company Middlebridge. Middlebridge had pulled out of a deal to buy Brabham when the liquidator of Kingside Establishments, the principal shareholder of Brabham owners Motor Racing Developments Limited, refused
        57 words
      • 88 4 A SHAREHOLDERS meeting of troubled chemicals joint venture Enimont SpA last Saturday postponed lor the thM time last week a decision on a controversial request ty Montedison SpA to add two board seats until March 28. And, Montedison chairman Raul Gardini proposed transferring all of Montedison's remaining
        88 words
      • 80 4 TIME Warner Inc agreed to become a joint venture partner m Price Communications Corp's PriCellular Corp subsidiary, which will continue to acquire and operate cellular telephone systems. Under terms of the joint venture, Time Warner wiß buy 25 per cent of PriCellular's equity for about
        80 words
      • 89 4 Reuter THE Tokyo Stock Exchange (TSE), where now 114 members have seats, including 22 foreign brokerages, has informally decided that it will invite 10 new members, including three foreign brokerages. Formal decision will be made at the special committee meeting on Monday, economic daily
        Reuter  -  89 words
  • Page 4 Advertisements
    • 687 4 V SINGAPORE INSTITUTE OF MANAGEMENT I MANAGEMENT DEVELOPMENT PROGRAMMES 1 MARCH-MAY 1990 tM 1. The Job of the Chief Executive Apr 15 -20 38What You should Know about Marketing Mar 27 28 ;9 39. Marketing through Franchising Apr 9& 10 .fl 40. Managing Export Marketing Apr 16 -18 *9 2.
      687 words
    • 99 4 WATER DISPENSERS FOR INSTANT HOT AND COLD WATER FROM FRIGERIA AND PHILCO Get hot or cold water fflfl ffl k' instantly. With Frigeria W and Philco water jyll W dispensers. They are compact and i easy to install, making jjfchj S drinking water readily P f available where it I
      99 words

  • Page 5 Advertisements
    • 58 5 If you find THE BOTTLE IMPRESSIVE, WAIT UNTIL YOU TASTE THE SCOTCH. I H AIG CO FDINBUKGH SCOTLAND I UiHiHiilliiHHlilftitfHiUtMimilfiMlltiaiflSMHaMHßHHHHHHHHHHHß I j v Ak'S OLD I X I I*l j'' m I I i E JSKR*l&fji I-1 i I mj^ljl I 1 I in >im I .Dim# 7 I THE
      58 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 67 6 AFP BRITAIN'S exchange reserves (currency, gold and special drawing rights), rose US$ll4 million in February. The increase followed an US$BO million rise in January and was in line with market expectations of a rise of between zero and US$3OO million. The figures for the past
        AFP  -  67 words
      • 54 6 Reuter JAPANESE investors were net sellers of US$l.OB billion in foreign bonds in January, after net buying of U555.53 billion in December, the Japanese Finance Ministry said. Japanese are expected to become net buyers in February, the ministry official said. Bonds include beneficiary certificates but
        Reuter  -  54 words
      • 75 6 AFP THE Asian Development Bank (ADB) has approved a U*****,000 technical assistance grant to finance a study on planting trees in the Philippines. The grant will fund a feasibility study on a government plan to introduce industrial tree crops such as rubber and oil palm in
        AFP  -  75 words
      • 82 6 Reuter THE Bank of Israel devalued the shekel on Friday for the second time within 24 hours, dropping it 2.32 per cent to 2.0094 to the dollar. The shekel fell 2.09 per cent against a dollar-dominated basket of currencies to 2.1390 shekels to the basket unit. It
        Reuter  -  82 words
      • 89 6 AFP AUSTRALIA will provide AS 16 million in aid to Indonesia over the next five years for a major education and training programme. The Australian Acting Foreign Minister Michal Duffy said said the Northern Territory Education Department would provide educational expertise by supplying consultants to
        AFP  -  89 words
    • 482 6 Reuter A SECRET PAPER on monetary union from West Germany's powerful central bank has proposed that East and West German marks should be worth the same, the weekly magazine Der Spiegel reported last Saturday. But the Bundesbank, the central bank which controls West
      Reuter  -  482 words
    • 306 6 AFP AFTER riding high for several years, the yen is in a slump which analysts warn may end up being a double-edged sword. Though a weaker yen helps Japanese exports by making them cheaper abroad, it also threatens Tokyo's international relations
      AFP  -  306 words
    • 327 6 Reuter BELGIUM and Luxembourg are scrapping an antiquated two-tier exchange rate system in a move which brings the European Community a step closer to its goal of a free flow of money across borders. "This system is no longer justified," said Belgian Finance Minister
      Reuter  -  327 words
    • 175 6 THE Soviet Union has rescheduled the equivalent of billions of dollars of debt owed by Poland and Cuba over the past three years and written off money lent to Vietnam and several other countries, official figures show. The figures, in the government newspaper Izvestia, put the
      175 words
    • 252 6 NYT A SHARPLY divided bipartisan commission has recommended that health insurance and long-term nursing care be available to every American who needs them. But the panel put the cost at US$B6.2 billion a year and could not recommend a way
      NYT  -  252 words
  • Page 6 Advertisements
    • 166 6 For Sale By Tender. Paradiz Centre, Singapore. t v f-• Jpr *61 rf I iiil lifiF^M^^Bf^^^^i^^^^BMSS^Mtf^^inMiiSiiSVfy^^ l 7r<r Paradiz Centre, located near Orchard Road on Selegie Road, is one of Singapore's prime shopping/office /y complexes benefitting from excellent access to Dhoby /pit! /if j, Ghaut MRT Station and Shenton Way
      166 words
    • 134 6 FOR SALE BY TENDER UNION INDUSTRIAL BUILDING 37 JALAN PEMIMPIN, SINGAPORE PRIME FREEHOLD INDUSTRIAL BUILDING Tender Closing Date: 27 March 1990 7-storey flatted factory building complex with opprox. gross floor area 23,186 sq m (249,574 sq ft) V Freehold site area of 7,233.8 sq m (77,864 sq ft) VV urren
      134 words
  • Page 6 Miscellaneous
    • 21 6 Dollar$ Non$en$e j UN®MP\.C«V>*0HT 'm still happy about the retraining—I'd much rather be an out-of-work computer repairman than an unemployed welder."
      21 words

  • THE REGION
    • 464 7  -  By David Chew THE condominium concept is making its debut this year in Sarawak with two housing projects worth at least Ms7o million (SSSO million) in the offing. The multi-million-dollar projects will be undertaken by the Sarawak Economic Development Corp (SEDC)
      464 words
    • 253 7 HONGKONG'S total exports were up just 3 per cent last year, reflecting the move of the domestic economy into the services sector and the transfer of large sections of the manufacturing base into China, The South China Morning Post reported on Friday. Figures from the
      253 words
    • 174 7 Bernama MALAYSIA'S leading 56 manufacturing industries recorded a 22.3 per cent increase in sales to M 555.26 billion last year from M 545.2 billion in 1988. The statistic department said in its monthly manufacturing statistics for December over the weekend that on a
      Bernama  -  174 words
    • 182 7 THE THAI financial market has entered a twilight zone according to a central bank informal survey which alleges that investors are being forced to pay "tea money" for loans despite excess liquidity in the financial system, The Nation reported last Friday. The situation is believed to
      182 words
    • 108 7 OTHER major international department store are likely to appear in Indonesia following the government's approval of PT Panen Lestari Internusa's operation of a Sogo department store in Jakarta, The Jakarta Post reported last Friday. "Similar cases are likely to take place following the approval of Sogo department
      108 words
    • NOTE BOOK
      • 63 7 THE WORLD BANK has agreed in principle to provide a loan of USS32S million to finance the electrification of 450 villages in Indonesia, The Jakarta Post reported on Thursday. Ermansjah Yamin, president of the State Electricity Company, said that Indonesian ambassador to the
        63 words
      • 62 7 NV SOERDARPO Corporation will soon float its shares oo the Jakarta Stock Exchange, according to the president of the trading company. Soedarpo Sastrosatomo, the president, told a meeting with stock analysts that the company, a distributor of computers and pharmaceutical products, would offer twp million
        62 words
      • 57 7 A JOINT venture between Indonesian and South Korean companies will be involved in a paper and pulp project in Kalimantan. The two paper plants, to be located in Pangkalan Bun and Sampit, will have a total production capacity of around 200,000 tons a year. The two plants
        57 words
      • 65 7 FIJIAN Trade and Commerce Minister Berenado Vunibobo arrived in Kuala Lumpur on Saturday for a five-day visit at the head of 20-member trade mission. Mr Vunibobo said Fiji is looking more towards South-east Asian countries for trade instead of its traditional neighbours in the South
        65 words
      • 62 7 VIETNAM produced a record 21.4 million metric tons of food in 1989, the official Vietnam News Agency reported. It was also the first year the country secured food reserves and exported millions of tons of grain, said the report. Vietnam is one of the world's poorest nations,
        62 words
      • 69 7 SOME 1,500 delegates from more than 100 countries will participate in a five-day world convention on education opening today in the south-eastern Thai resort of Pattaya. The World Conference on Education For All (WCEFA) will be held from March 5 to March 9. The meeting, organised
        69 words
      • 50 7 INDIAN Prime Minister Vishwanath Pratap Singh said on Thursday that his government was considering hiking defence expenditures and proposed streamlining long-term defence planning Mr V P Singh, quoted by officials, said that government perceptions of heightened external threats were prompting the hike in defence spending
        50 words
  • Page 7 Advertisements
    • 187 7 1 M LOONG JIA N Q SICHUAN n J pine You were wondering, 1 Mr Warner, 9 what Singaporeans KPNL 1 think I just do in their spare time. found out. mW%%W m fragrant HILL DRAGON CITY J f SB \%Jng J2t 'I ii fo ok >.w w V ~--yM
      187 words

  • THE WORLD
    • WORLD WATCH
      • 105 8 Reuter US PRESIDENT GEORGE BUSH has urged private business leaders to use their expertise to help build strong economies in the new democracies of Eastern Europe and Latin America. In California last Friday for a two-day meeting with Japanese Prime Minister Toshiki Kaifu,
        Reuter  -  105 words
      • 65 8 Reuter NICARAGUA'S newly-elected alliance is to send a high-level team to the US and Japan, seen as most likely to provide economic aid to reconstruct the war-shattered country. The National Opposition Union said last Saturday that the delegation would discuss "political and economic relations" following
        Reuter  -  65 words
      • 75 8 AP A SENIOR Czechoslovak official has said his country eventually would like to join the European Community, the first emerging democracy in Eastern Europe to express such a wish publicly. Deputy Foreign Minister Zdenko Pirek said after meeting with EC officials in Brussels last Friday
        AP  -  75 words
      • 63 8 AFP FRENCH PRIME MINISTER Michel Rocard has proposed talks between France and Japan to solve what he describes as their unbearable trade imbalance. The Nihon Keizai economic newspaper reported last Saturday that the French leader said his country was worried not by Japanese investment, but
        AFP  -  63 words
      • 76 8 AP IRANIAN and Soviet economic teams have called for speeding up work on joint development projects, especially upgrading a major steel mill in the central city of Isfahan. According to Iran's official Islamic Republic News Agency, Iranian Economy Minister Mohsen Nourbakhsh said that Teheran was interested
        AP  -  76 words
      • 66 8 Reuter BELGIUM'S multi-billion-dollar diamond trade, the world's biggest, posted a glittering 25 per cent increase last year over 1988. The Antwerp-based Diamond High Council said last Friday that annual turnover of rough, polished and industrial stones was up to 578 billion francs (US$l6.2 billion at current prices)
        Reuter  -  66 words
      • 82 8 Reuter A RESEARCH CENTRE to study the South African economy and the impact of sanctions will open in London this year, Australian Foreign Minister Gareth Evans said after a meeting with black nationalist leader Nelson Mandela in Lusaka last Saturday. The centre will be
        Reuter  -  82 words
      • 50 8 AP THOUSANDS OF WORKERS at some of Hawaii's biggest hotels walked off the job last Saturday, leaving some guests without fresh sheets and towels in a state where tourism is a US$6-billion-a-year industry. The strike was called over a dispute concerning pay and benefits. AP
        AP  -  50 words
    • 605 8 Reuter SEVERAL state-owned Soviet trading companies have fallen behind on payments to Western suppliers and appear to be having difficulty gaining access to foreign exchange, Western bankers and diplomats have said. The delays have raised widespread concern in Moscow's foreign business community but appear to
      Reuter  -  605 words
    • 277 8 AP A GOVERNMENT advisory council has called for the division of Nippon Telegraph and Telephone Co, Japan's telecommunications giant, into three separate companies within five years. Concluding a two-year study of restructuring of the former public telephone company and fair competition in the
      AP  -  277 words
    • 109 8 NYT TWO OF Japan's three international airlines are taking a close look at Eastern Europe, expecting its untapped tourism and business opportunities to boost air traffic. Neither All Nippon Airways Co (ANA) nor Japan Airlines has direct flights to Eastern Europe. Both, however, have begun talks aimed
      NYT  -  109 words
    • 469 8 AFP GERMAN reunification will boost France's economy, and is likely to cut 20 billion francs (US$3.5 billion) off the country's total trade deficit by 1993, boost real growth by 0.9 per cent over the period up to that year, and even lower
      AFP  -  469 words
    • 221 8 Reuter THE EUROPEAN Community has agreed to a 15 per cent increase in steel import quotas from Eastern European countries to try to help their ailing economies in spite of protests from its own producers. "We are certainly very disappointed," said an official
      Reuter  -  221 words
    • 208 8 AFP SUBJECTED to powerful pressure to disarm in response to changes in Eastern Europe, Britain is reluctantly but surely moving towards some "rationalisation" of its defence spending, say analysts in London. British Prime Minister Margaret Thatcher has repeatedly warned her country's partners in the
      AFP  -  208 words
  • Page 8 Advertisements
    • 21 8 ficm wTr JBSBI wc*: ft C+fZZKt> novotei orchid inn 2U OUNEAR* ROAD SINGAPORE Til *****22 Tllfx NOVStN RS 2'7%6 FACSIMILE *****92
      21 words
    • 175 8 1 Ernst &Young Consultants Pte Ltd presents a seminar conducted by: KEVIN T. COTTINGIM Measurement Consultant, THE PSYCHOLOGICAL CORPORATION (USA) by courtesy of MDI Consultants (Pte) Ltd rRFATTISC SVNFRTy HFTWFEN PFCME AND ORf^MSATPSS 14 March 1990, 9am to spm, Novotel Orchid Inn For: Chief Executive Officers and Human Resource Directors,
      175 words

  • Page 9 Advertisements
    • 192 9 I I Build on the Past, Look to the Future. Introducing the Hewlett-Packard Vectra 486 PC. r I A y t ■tit «s£ BHi I ~v^fW f yw v IhS§ M *I.'ljflr I; I I H* s i You can now move to the future of the memory that relieves
      192 words

  • ANALYSIS
    • 782 10  -  While the trade dispute between Japan and the US remains unresolved, the economic enmity between the two has been transformed significantly into a global partnership. David Mulikin reports. David Millikin AFP An americanJapanese summit-in-the-sun ended in Rancho Mirage, California last Saturday with
      AFP  -  782 words
    • 978 10  -  Radical Soviet politicians and economists are calling for a quicker reform. Stephen Jukes finds out why. Stephen Jukes Reuter Radical soviet politicians and acadcmics, worried their country is sliding deeper into financial crisis, want Mikhail Gorbachev to speed up economic reform and create a new
      Reuter  -  978 words
  • Page 10 Advertisements
    • 239 10 MEDIC-ASIA '90® Asia's longest zr 55 running hospital, I mm medical and lab- j I oratory equipment 11 I exhibition, DefeJSSXa *> MEDIO ASIA'9O II IS back! V 17-20 September 1990 J World Trade Centre Make plans now to exhibit in MEDIC- Singapore ASIA '90, and reach Asia's medical, fj
      239 words
  • Page 10 Miscellaneous
    • 37 10 DOONESBURY I OKAY, THAT I I R£AW this IS NPR, hhonrm l==^ VL noujrrs timz to tbcl ANPYom&TUNeo hnKXbnl WMVtue A&' ryou TO'UTPN'eASY 7^* AC' Wzfniit t CANT HAHDien, HIT THt F HOCK!' s_ I KNOW. I
      37 words

  • FOCUS 1
    • 1107 11  -  ENTERPRISE MANAGEMENT EDITED BY CHUANO PECK MING By Chuang Peck Ming THE pace of privatisation by government has been slow and kept mainly to garbage collection and public toilets, a new study on local entrepreneurship notes. Cynics will read this to mean that the
      1,107 words
    • 482 11  -  SPOTLIGHT ON j MANAGEMENT By Cheong Wing Cheong (Cheong Wing Cheong is a manager with Ernst and Young Consultants Pte Ltd) INVENTORY often involves a big sum of money sunk in its operations. It requires proper handling or it could result in losses. An effective
      482 words
    • 822 13  -  Bonn's bond market has fallen as sharply as Tokyo's. Although the impact in West Germany has not been as drastic, many analysts are worried that too many people 'are buying the dream' of the German market and pushing their earnings estimates too high. Jonathan Fuerbringer of
      822 words
  • Page 11 Advertisements
    • 154 11 "fe'feS v-« i M M y-- v 11 r 1 niBB THE SSS RETURNS. .>• v f^^U V/: >' ;>v;_- V-:— 1 r..~5w INTRODUCING THE NEW BLUEBIRD HARDTOP SSS-X. 16-valve, twmcarn, 135Kp engine From the late Sixties to the mid-Seventies, the legendary Bluebird Bluebird Hardtop SSS-X. Equipped with one of
      154 words

  • Page 12 Advertisements
    • 2157 12 I The Sime Darby Group INTERIM RESULTS FOR THE HALF-YEAR ENDED 31 ST DECEMBER 1989 I t Sime Darby Berhad j I 3 Analysis of rasutts I The Directors are pleased to announce the following;- iuif V aar andad 31 *t Dacambor I I 1989 1988 I I 1. Unaudited
      2,157 words

  • Page 13 Advertisements
    • 1111 13 The Sime Darby Group r (jj) (3K] N Consolidated Plantations Berhad Sime UEP Properties Berhad The Directors are pleased to announce the followmgThe Directors are pleased to announce the followmgJ «•>. r .nu th. h.» v «r «nd«d 31»t Dacember 1989 1. Unaudited results of the Group and of the
      1,111 words

  • SPORTS
    • SIDE LINES
      • 84 14 AFP CANADIAN Bob Chaperon became the first non-British player to win a world ranking tournament for five years on Saturday night when he beat favourite Alex Higgins to capture the British Open title in Derby. The 31-year-old from Ontario beat the former world champion from
        AFP  -  84 words
      • 96 14 AP UNCLE knew best, and because 17-year-old Steve Johnston listened, he became a .US amateur boxing champion in Colorado on Saturday night. Johnston got the worst of it in the first round of the 63-kg final against hard-hitting Terronn Millett of St Louis at the Broadmoor World
        AP  -  96 words
      • 122 14 AP CAM NEELY scored his second goal of the game, his 47th of the season, with 3:21 remaining as the Boston Bruins came from behind twice for a 4-3 victory over the Chicago Blackhawks in the National Hockey League on Saturday. Brian propp and Dave Poulin had
        AP  -  122 words
      • 97 14 AFP SCOTLAND set up a Grand Slam showdown with England in Cardiff on Saturday when it beat Wales 13-9 to score its third successive victory in rugby's Five Nations Championship this season. Splendid defence, especially from the back row, allied to line-out domination left the Scots
        AFP  -  97 words
      • 156 14 AP MARK BRELAND of the US knocked down Briton Lloyd Honeyghan six times in less than nine minutes to retain his World Boxing Association welterweight title on Saturday night. The referee stopped the fight in the third round. Breland, who needed only 14 rounds to defend his
        AP  -  156 words
      • 94 14 AP OLE-KRISTIAN FURUSETH of Norway on Saturday clinched the men's World Cup giant slalom title for the second straight year, skiing in brilliant sunshine and ideal snow conditions at the Swiss Alpine resort of Veysonnaz. But the hero of the so-called Bear run was a little-known
        AP  -  94 words
    • 497 14  -  By Charles Savage ANY ORDINARY yachtsman's spirits would be well soaked if he were keel-up in the middle of a race but not so local 470 ace Siew Shaw Her. Shaw Her and his crew mate David E not only righted their dinghy in a
      497 words
    • 318 14 AP TOP-SEEDED Martina Navratilova rode her strong serve to a 7-6, 6-1 victory over Katerina Maleeva of Bulgaria on Saturday and advanced to yesterday's final in the Virginia Slims of Indian Wells tournament. Navratilova, aiming for her third 1990 title, was to meet third-seeded Helena Sukova of
      AP  -  318 words
    • 119 14 AP WALLY MASUR put on a clinic for Glenn Layendecker on Saturday as the Australian carved out a 6-3, 6-2 victory to earn his way into the championship match of the U*****,000 Volvo Indoor tournament in Memphis, Tennessee. Masur, the No 6 seed, never allowed Layendecker to
      AP  -  119 words
    • 242 14 AFP MITZI EDGE was not as sharp on Saturday as she was in the first two rounds of the US$5OO,OOO Women's Kemper Open but she managed to cling to a one-shot lead with one round to play. Edge, who had built a seemingly insurmountable five-shot lead
      AFP  -  242 words
  • Page 14 Advertisements
    • 371 14 AUSTRAL ENTERPRISES BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of the Company will be held at 2nd Floor, 24-31 Jalan 8/55 A, Taman Setiawangsa. ***** Kuala Lumpur on Thursday, 29th March, 1990 at 9.30 a.m. for the purpose of
      371 words
    • 299 14 MIDIANO NOMINEES (S) PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN I pursuant to Section 308(2) of the Companies Act Cap 50 that the Final Meeting ot Members of the above named company will be held at the oMiceol Messrs Ernst 4 Young i 10 Coltyer Ouay #21-01. Ocean
      299 words
    • 253 14 [NOTICE TO ALL FINANCIAL^ INSTITUTIONS AND/OR 1 ANY OTHER PERSON(S) I I TANG YEW LUM, NRIC NO. *****32/ A I have resigned as a director of SINTRUST I (PRIVATE) LIMITED (hereinafter referred I to as "SINTRUST" w.e.f. 10th March 1986. I This notice serves as a notice of termina- I
      253 words

  • THE ARTS 1
    • 731 15  -  P Y Van reviews Friday's SSO concert which featured guest cellist Frans Helmerson PY Van CANTARE necesse est, non vivrc, wrote Swedish Ambassador Finn Bergstrand in his message for last Friday night's SSO concert. Perhaps compatriot Frans Helmerson was of the same mind, for
      731 words
    • 719 15  -  By Donal Henahan NYT IN THESE contentious times, we hear a great deal about the sin-gle-issue voter, the citizen for whom nothing in the political spcctrum matters except a candidate's stand on taxes or the burning of the flag. A parallel
      NYT  -  719 words
    • 962 17  -  By Francis X Clines NYT GIVEN the new freedom of Soviet artists to indulge the soul's delight, the latest theatre company in Moscow has dccidcd to risk all by combining the separate agonies of Chekhov and Soviet free enterprise. In a gamble
      NYT  -  962 words
    • 518 17  -  By' Wilborn Hampton NYT A PERVASIVE PASTIME for leading playwrights on both sides of the Atlantic these days seems to be rendering new translations of the works of Anton Chekhov. David Mamet and Lanford Wilson have both written American renditions of individual
      NYT  -  518 words
  • Page 15 Advertisements
    • 200 15 HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUSE TORY/ A distinguished design, with excellent features to make this new phase another choicest investment per square foot. ima I i p Jf Flatted factory comprising 46 factory units (from 2000 to 5500 sq ft) and four Efrj-Tttwl t fSI|BSB J® warehouse units (from
      200 words

  • Page 16 Advertisements
    • 609 16 GUIDE TO GOOD FOOD GUIDE TO COOP F00D... GUIDE TO. 3UII/B- IV Some of our best advertising is by wwd-of-mouth. ■k m For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585 ext *****/6. PALM GRILL
      609 words
    • 258 16 i m M— W \yfg INTERNATIONAL 'Ik* L I nj BUFFET \m i I 1— 16 March 1 Mfe fi W\/L Lunch Dinner only I /ffl J~ Adult: $15.50++ Hhl jyml m Child: $10.00++ Hf| Cafe Plaza fw f > \i 1 Plaza Hotel siwcafoh [nmwxoi ou*f ul •»nvi t
      258 words
    • 298 16 IF RE N J The accent is on France this month at the famed Belvedere Lunch Buffet. 67 tonguetwisting and mouth-watering French speciali- H ties await you at our tables. Come and savour. In French Buffet Lunch Mar 1-31. Noon 2.30pm Adult: $36++, Child below 10: $18++ BE We serve
      298 words
  • Page 16 Miscellaneous
    • 682 16 TELEVISION AND RADIO A/TiimMino lVTfiT*lofi 880,2 «rsi~ Th Br s W0 ««•<m>. BUS>g9S^s^- iviumDiing ividiiuii 7j# Tournament (Last ep). 5.50 PM Zero On# Magazine During the trial, Caroline is 8.30 Adam Smith's Money World EKi* M f CS Vk* fSS Sh ckcd to f,nd <*£ f tha a 32W Financial
      682 words

  • Page 17 Advertisements
    • 301 17 COOP FOOD A Culinary Tribute To Fresh River Salmon. From March 2 to 17, you can enjoy fresh river salmon, specially airflown from Norway, for dinner every night at Hubertus Grill. We offer thirteen sumptuous ways to enjoy this delicacy. So, make a reservation now and enjoy the best Salmon
      301 words
    • 76 17 2 Sharks Fin with Chicken $163.80 3 w,ttiSoya߀an (For 10 persons) 4 Prawn in Dried Red Chilli cted 5 Stnng Beans with Minced Meat FREE Bo „W I 6 Maple Leaf Deep Fried Bun I PeKinQ DUCK 7 Braised Pu-Tien Bean Curd n nQ duck 8 Han-Chang Noodles in Hot
      76 words
    • 72 17 fnjco RESTAURANT Frisco offer the finest continental cuisine with cosy, friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch $28.00++ per person (menu changes daily) ROMANTIC DINNER 6.00pm to 10.00pm Candle-light See Dinner O $25.00++ per person HAPPY HOURS 3pm to 10.00pm All alcoholic beverages except wine are
      72 words
    • 245 17 j 1' CLASSICAL JAPANESE FOOD PREPARED In the True Kaiseki style. Complete 7-8 course set Lunch/Dinner fll Set Sashimi Lunch from $18.00 Nishiki Restaurant Marina Bay Goij- Country Club 6 Marina Green Singapore oioi For Reservations Please Call ***** H. I TIEN COURT* I 3B SCHUAN CUISINE For a Wealth
      245 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4208 18  -  By Lim Mui Khi THE SINGAPORE MARKET continued to shadow the Tokyo bourse last week but the latter's volatility led local investors to adopt a cautious stance. In spite of the volatility on major world bourses, analysts are confident the local stock market's
      4,208 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 730 19  -  By Lim Mui Khi SPECULATIVE ISSUES, which enjoyed a good run recently, fell victim to jittery profit-taking early last week before recovering partially on some selective bargain-hunting by week's end. The Business Times Composite Index of Malaysian and Singapore stocks ended the week 0.57
      730 words
    • 2914 19 Gr's Ur'i 19W/90 Tel Last Vol Week last Quote Div Di* VW Net M Cap High Low Code Company Sale +orCOOO) High l>ow Buyer Seller Cw P/E Smil HONGKONG STOCKS 102 97 1418 CDL Hotels Intl 99 ***** 102 97 98% 99 1246 Cathay Pacific 825 1000 980
      2,914 words
  • 926 19 Company Expiry/ maturity Coupon (S) wwin ii r WQiiinrmin i i<in imu WUHIIMII iwnw C onversion period IMWMfflMTiO jWITMTOTWTff* loteml payable Coavcreioa term for one ordinary Shiff date Causeway Loin 1994 6 Dec 31 CauMway m 1994 Oct 2, 1989 to Oct 20. 1994
    926 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3439 20 MBT THE KUALA LUMPUR stock market continued to react to Tokyo's oscillating performances last week, albeit at a less frightening pace, as gains in the later part of the week helped offset early losses. On balance, the 30-counter New Straits Times Industrials Ordinary Share Index declined only
      MBT  -  3,439 words
  • BT SHARE INFORMATION SERVICE
    • 410 20 Current Ex Books Date Total for Total for paymont date doso payabte tho yoar last yoar him Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C Avmo 15%TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 90 9%(n) Apr 6 Apr 19 May 3 122 7%(n) 72*
      410 words
    • 252 20 Singapore Stocks pul1 Year Cmimit Pariod Date Ytar Nat EPS Grow Net jmotrcK) snAif (centa) profit tat y«* (S*000) BUT Interim Jan 27 lun 90 169 6 100.0 516 6 S«artta .Final Feb 2 Dec 89 6 8(a) 768 S Ste*mt*> Land Final Feb 13 Dec 89 5
      252 words
    • 346 20 Singapore Stocks L**t Fall Year Comp»iy Pchod Dat« Year WK Grw Net vmictd endrf (cants) dfcr pro*t last year (1-000) u I C Final Mar 20 Dec 89 3.6(a) 44(«) 12.446 Surettinc Mfcd Interim Mar 21 km 90 26.3 10.0 2.645 U 0 L Final Mar 21 Dec
      346 words
    • 306 20 Company Rights Issue MMB One-tor tour <& MJ? 40 per share Ex-date Mar 8 Books close Mar 22 Acceptance t Payment NYA Boustcadco One-tor three (a, J1.15 per share Ex4ate Ian 19 Books dose: Feb 1 Acceptance t Payment: Mar 19 CIC Two-tor five (a, $210 per share
      306 words
    • 95 20 Arafa-Malaysan Merchant Bar* Berturt EGM at Dewan ArakMalaysian. 7th Floor, Bangunan Arab-Malaysian. 55 Jalan Ra»a Chulan, ***** Kuala Lumpur on Monday. Mar 5, at 10.30 am. MCB Hokfrifs Bertud: EGM at 16th Floor, MBC Plaza, 6 Cangkat Ra|a Chulan, *****, Kuala Lumpur on Monday, Mar 5. at 10.00
      95 words
    • 200 20  -  Compiled ky JULIANA TAY W—fc ndtd War 2 CvmpM by JULUMA TAY PRELIMINARY RESULTS CMipany Ywr t« Grant •r»-Ux >M unlip firm prvftt/ mi (I) »l«rf dhrtieed CO*) (c«wt») BAT Dec 89 $32,161 ($18,084) 24.9(13.3) 122.7b(72) D4C Bank Dec 89 M$1S.697($10.221) 0.9(0.5a) NYA(0.9») Eu Yan Sang Dec 89
      200 words
    • 253 20 DBS Bank has changed the name of its whoMy-owned subsidiary General Investment Management Ltd to DBS Asset Management Ltd The bank has also received approval from the Monetary Authority of Singapore to buy a 10* stake in Tat Lee Bank at $3 40 cash a share. The acquisition
      253 words

  • MARKET REVIEWS
    • 843 21 Hongkong DBS Securities HONGKONG share prices logged a moderate gain last week as market sentiment continued to be affected by the Japanese lead. The key Hang Seng Index rose 43.62 points, or 1.5 per cent, during the week to close at
      DBS Securities  -  843 words
    • 441 21 Tokyo AFP SHARE PRICES plunged 2.4 per cent on the Tokyo Stock Exchange (TSE) last week largely due to the weaker yen against the US dollar and arbitrage selling between the stock and stock index futures. The Nikkei Stock Average of 225
      AFP  -  441 words
    • 834 21 New York FT ONE ELEMENT is still missing before the bulls can regain control of the shortterm trends on Wall Street and the world's other major equity markets. The Japanese must raise their official interest rates sharply. An increase of a full
      FT  -  834 words
    • 296 21 Sydney AFP THE AUSTRALIAN stock market drifted down in a week of volatile trading as it struggled to recoup early losses incurred after the drop in Tokyo early in the week, brokers said last Friday. The main market indicator, the All Ordinaries Index,
      AFP  -  296 words
    • 219 21 AFP THE Jakarta Stock Exchange (JSE) soared to a record high last week on solid trading across the board and continued foreign interest. The JSE Index closed on Friday at 527.775, up from 490.593 for a whopping gain of 7.6 per cent on top of
      AFP  -  219 words
    • 856 21  -  London From Ray Heath IN LONDON IT IS slowly dawning on investors in UK stocks that the Conservative Party is in trouble. It is not the first time. Mid-term blues have been a feature of the reign of Prime
      856 words

  • WORLD STOCK MARKETS
    • Dow gains ground for fifth consecutive session
      • Article, Illustration
        813 22 A WAVE of investor enthusiasm canning over from four successive gaining sessions swept US stocks sharply higher on Friday. Buying in once-dormant cyclical issues, firm bonds and renewed confidence about stocks fuelled the rally. An easing of interest rates also boosted share prices. The Dow Jones Industrial Average
        813 words
      • Article, Illustration
        763 22 UK GOVERNMENT securities slid back last Friday, depressed by sterling's weaker tone, dull seritiment on the West German bond market, and a bad showing for the British government in the latest opinion poll, which had the ruling Conservative Party at its furthest behind the opposition Labour Party since 1971.
        763 words
      • 272 22 DUTCH share prices extended the last Friday morning's gains to close at the day's highs in moderate trade on Friday, helped by higher prices on exchanges in London and Frankfurt, dealers said. They added turnover picked up slightly in the afternoon witn some foreign buying noted. The EOE 25-share
        272 words
      • 162 22 ITALIAN shares maintained opening gains at the close last Friday as investors hunted for bargains following recent price falls. The MIB index edged up seven points, or 0.73 per cent, to close at 960. Brokers said the market's short-term outlook remained cloudy due to uncertainty about the government's capital
        162 words
      • 180 22 THE Frankfurt market had a zig-zag week, strongly influenced by ups and down in Tokyo and on Wall Street, analysts said on Friday. Stock prices finished the week higher, as the DAX spot trend indicator closed at 1,818.23 on Friday, up 28.59 on the week, and the Commerzbank indicator
        180 words
      • 175 22 FRENCH share prices ended at their day's high last Friday, boosted by Wall Street's firmer start, posting gains for the fifth consecutive day, dealers said. Peugeot continued to surge in heavy buying through the day, as investors revalued the stock in the light of the value for Renault established
        175 words
      • 230 22 SWISS shares were firmer across the board in faidy quiet trading last Friday in line with the positive trend on WaH Street and in Tokyo, dealers said. Credit Suisse's good company results for 1989 also helped the market. Zurich Mar 2 Francs Actions Suisses Alusuisse Br. 1248 -23 Alusuisse
        230 words
      • 472 22 Brussels Mar 2 Francs FORWARD MARKET Acec 4930 -50 Aftoed 4450 55 Astur.............. 1186 +18 Brascan 732 -6 Canpac 726 +6 Cock 188 +4 De Beers 672 +28 Ebes 4180 +95 Gb-lnno-Bm 1202 +2 Gevaeit 8350 -150 Gr Bni Lamb 3900 unch Hobok Petro ***** 25 Ryl Dutch 2680 +30
        472 words
  • Page 22 Advertisements
    • 93 22 It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and JC. issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
      93 words

  • CURRENCY, MONEY & FUTURES MARKET
    • 404 23 FOREX WEEKLY ROUND-UP THE US DOLLAR flexed its muscles last week, finishing at 150.30 yen its highest level in more than two-and-a-half years in the currency markets. It ended stronger against the major currencies last week, rising 2.4 per cent against the D-mark
      Chart by Tele Trac  -  404 words
    • 546 23 ASIAN CURRENCIES THE Japanese yen had the wind knocked out of it when the Tokyo stock market plunged, triggering fears of inflation and friction with Japan's trade partners. The Indonesian rupiah also finished the week sharply lower, and most other Asian currencies also dipped,
      546 words
    • 389 23 Crass rates 2 M. r USS S$ MS Dm Yen SFr AS NZS US$ 1.8780 2.7080 1.7180 149.90 0.6002 1.5070 1.3098 1.6978 SS 0.5325 1.4420 0.9148 0.7982 0.3196 0.8024 0.6974 0.9040 MS 0.3693 69.35 0.6344 0.5535 0.2217 0.5565 0.4837 0.6270 Dm 0.5821 1.0931 1.5763 87.25 0.3494 0.8772
      389 words
    • 548 23 Interbank rates ss Bid Offer Overnight 5 1/4 5 1/2 Imonth 6 1/8 6 1/4 2-month 6 3/16 6 5/16 3-monmth 6 1/4 6 3/8 Overnight mode: 5-5/16 US$ High Low 7 days 8 1/4 8 3/16 1 month 8 5/16 8 1/4 2 months 8 5/16 8
      548 words
    • 867 23  -  The dismantling of the Berlin Wall has triggered proposals for a united Germany Writing for BT, Prof Nobert Walter (right), chief economist of Deutsche Bank, analyses the implications of a monetary union on the D-Mark. Prof Nobert Walter THE COLLAPSE of the
      Chart by Tele Trac  -  867 words
    • 172 23 GOLD FINANCIAL FUTURES REPORT Sourer Sui Huoi Bullion LAST Monday, spot gold opened at U*****.00/414.50 per troy oz amid bearish suspicions created by the Sale of Gold plan proposed to the IMF and the US Federal Reserve Board's firm commitment to fight inflation. When the
      Sourer Sui Huoi Bullion  -  172 words
    • 322 23 IMM Mar 2 DCUTSCHCMARtt Open High Low Sett Vol Op/Int Mar 90 0.5830 0.5855 0.5801 0.5832 ***** ***** Jun 90 0.5824 0 5850 0.5796 0.5828 EURODOLLAR Open High Low Sett Vol Op/Int Mar 90 91.58 91.61 91.56 91.58 *****0 *****2 Jun 90 91.49 91.55 91.49 91.51 1APAMESE YEN
      322 words
    • 332 23 ABN Bank 7V. Allied Irish Bank PLC 7V. American Express Bank VU 6V« Arab Banking Corp V/i 6'/i 6'/i 7Vi 7 7V, 7 7 V. Bank Bumiputra 7% Bank Ncgara Indo 6V, 7V. 6V. Bank of Communications VU Bank of East Asia 7V« 7% 7 Bank of
      332 words

  • COMMODITIES
    • 267 24 Berama RUBBER PRICES are expected to inch up for the first half of this year based on favourable fundamentals of low stocks, slower production and the onset of the wintering season, says the Malaysian Rubber Research and Development Board. The board
      Berama  -  267 words
    • 135 24 Bernama THE TIMBER Exporters' Association of Malaysia Team) has urged the government to reconsider and make adjustments to the proposed export levy and export quota system to be imposed on 21 species of sawn timber. Mr H S Lim, Team's vice-president said the
      Bernama  -  135 words
    • 344 24 KLTIN TIN PRICE closed 34 sen higher at M 516.83 per kg on the Kuala Lumpur Tin Market last week on better buying support and strong European advice. Total turnover for the week amounted to 503 tonnes against 488 tonnes the previous
      344 words
    • 907 24 WEEKLY ROUND-UP AFP THE Tokyo stock market's 4.5 per cent slide on Monday hit precious metals badly, as Japanese investors liquidated their bullion positions to compensate for losses on the stock market. But other commodity markets had a firm week, with London
      AFP  -  907 words
  • 1247 24 Rubber HAS (fob tatatos) S cents/kg Int I RSS April Close Feb 26 158.50 Feb 27 158.75 Feb 28 156.50 Mar I 159.25 Mar 2 159.75 MRELB (lob in bales) S cents/kg Int I RSS April Close Feb 26 229.00 Feb 27 229.00 Feb 28 229.50 Mar I 229.50
    1,247 words
  • Page 24 Advertisements
    • 813 24 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF EVERGLADES INVESTMENTS PTE. LTD. (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN THAT the creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before the 6th day of April
      813 words
    • 672 24 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF PITTSFIELD INVESTMENTS PTE. LTD. (In Members Voluntary Liquidation) NOTICE IS HEREBY GIVEN THAT the creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before the 6th day of April 1990
      672 words
    • 20 24 Find out how sellers are reaching out to buyers in i Advertising and Marketing. Every Thursday i in Business Times.
      20 words
    • 15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 620 25  -  LETTER FROM BELGRADE By David Binder The white city. as this ancient urban centre has been named for most of its existence, looks a bit greyer to visitors returning after a few years a result, residents say, of neglect and a decade of economic crisis. There is
      620 words
    • 995 25 oty FUfht ETA night EID Ctt MalaMa QF81 1840 SQ225 2215 SQ228 1850 RJ182 1445 RJ183 2320 llllwi— SQ23 0735 KL842 2125 KL841 1135 wfclaad TE25 1720 TE26 1950 TE25 1820 SO388 2025 u, I I BA12 2315 BaaiarSari BM21 U00 SQ182 ***** linnn SQ181 1410
      995 words
    • 153 25 Rates as at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.424 1.434 Canadian dollar 1.560 1.5800 NZ dollar 1.093 1.1420 Sterling pound 3.I0S 3.123 US dollar 1.8730 1.8780 IiOcal dollars to 100 units of foreign currency Austrian schilling 15.30
      153 words
    • 132 25 Duration Title Venue Oipwiwr Td Duration Title Venue Onanner Tel Mar 3-8 Barcelona Barcelona Feru de (34)3/*****01 Mar 10-18 International Munich GHM GeseUschaft (49)89/***** International Barcelona. Light Fair F.O.I.M. Industnes HandwertaaussMar 3-8 International West AMK Berlin (49)30'***** Handicrafts (JndUteaen mbH Tourism Berlin AusstdlungsExchange Messe- Mar 10 2
      132 words
  • Page 25 Advertisements
    • 62 25 ■w "W TL T The busincM person's choice every Tuesday, I m II \IV I Thursday, Saturday and Sunday. Leaving I I I|\( I II Changi Airport at 21:55 hours and arriving at I B I J I Heathrow early the following morning. Gtil your travel ageni or Air CmtuuU
      62 words
    • 108 25 FOR IMPORTERS AND EXPORTERS. SHIPPING TIMES covers all aspects of C/J local and international shipping (except, of course, the really technical aspects). The emphasis is on news that is likely to affect the Business Times reader. Covering the latest trends in the shipping markets, we also carry up-to-date news of
      108 words
  • Page 25 Miscellaneous
    • 199 25 1 Extra work gives one the HH 5 Nippers who work diligent- 5 I I 1 ly at selling their wares (6) 9 Understand how a slimmer should remodel her skirt back court case (6,4) put the retailer out of busi--24 Invitation Noah gave to eastern physician touching HH 26
      199 words
    • 219 25 Singapore OUTLOOK; Fair and warm Report for 24 hours poor to 7.30pm on Mar 4 at the airport: Max temp 34 J Assoc humidity 50 Min temp 24.6 Assoc humidity 90 lira of sunshine 10.95 Rainfall in nun Nil Rainfall this mth Nil Rainy days this mth Nil Report for
      219 words
    • 21 25 gkg*i>M!l!l»!HWyi Pl£^vS£—BßitjG BPCK /c/nB./A th tuD J (SOB/^ S*CX*S PIT UUNCHT.rne W*L£KT\t*e -TV4\Y*G NOO WPfcjT2J C EVENING STANOARO CO. LTD, IMS-1M
      21 words

  • 273 26 Bernama MALAYSIAN Works Minister Datuk Leo Moggie yesterday called for a more active involvement of private capital in road development and operation. "Our experience with the privatisation of the ongoing development of the 800 km North-South highway provides a successful example of
    Bernama  -  273 words
  • 438 26 Reuter CHINA is staggering under the weight of mounting subsidies needed to bail out debt-laden industry and keep prices low, a top government official said. Finance Minister Wang Bingqian was quoted in an official newspaper yesterday as saying that subsidies reached 100 billion yuan (US$2l.2 billion)
    Reuter  -  438 words
  • 453 26 Reuter PRESIDENT George Bush of the US and Japanese Prime Minister Toshiki Kaifu ended two days of talks in California by vowing to resolve thorny economic disputes that have been festering for years. Emerging from a final round of talks last Saturday, both
    Reuter  -  453 words
  • 151 26 Reuter EUROPEAN Community (EC) foreign ministers will try today to narrow their differences over how best to control Japanese car exports to the EC's single market after 1992. But diplomats say the positions of "free-traders", such as West Germany and Britain, and "protectionists", led
    Reuter  -  151 words
  • 249 26 AP MILLIONS of Soviets voted yesterday throughout the country's Slavic heartland in a test of the Communist Party and government apparatus' power to withstand rising demands for democracy. Almost 150 million voters living from the Polish border to the Bering
    AP  -  249 words
  • 248 26 Reuter A POLITICAL RIFT splitting Taiwan's ruling Nationalist party widened yesterday when a group of elderly party veterans openly proclaimed support for an alternate set of candidates to challenge President Lee Teng-hui in the upcoming elections. More than 100 conservative members of the National
    Reuter  -  248 words
  • 119 26 DISK DRIVE MAKER Seagate Technology has set up a regional distribution centre in Singapore to service its distributors in the AsiaPacific region. With the new centre, located in the heart of its Kallang disk drive manufacturing plant, Seagate can provide a 24-hour turnaround time
    119 words
  • 131 26 MONETARY UNION between East and West Germany will cause prices and interest rates to rise in West Germany. Munich Ifo, an economic research institute, said in a report released yesterday that economic and monetary union between the two Germanys would put heavy demands on private and
    131 words
  • Page 26 Advertisements
    • 65 26 pqupHiN l For the life of your back Dauphin (SEA) P*» L*d Tel: *****00 I OmkHACmJ YOUR PRIVATE JET ANYTIME, ANYWHERE... mMa^J'£ES£^ T u J CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can also arrange for Trading, Leasing and Management of businessjets. 20 Kramat
      65 words
    • 9 26 Bundesbank offers I-for-1 mark rate, says magazine. Page 6
      9 words
    • 379 26 nsr~ pau P H|N For the life of your back *KS£* Dauphin (SEA) Pte Ud Tel: *****00 k f 1 A small step, but in the right direction, Pg 10 □Q The University of Hull MR A England, Since 1927 y JL By Distance Learning Commencing 8 July 1990 The
      379 words

  • SHIPPING TIMES
    • PORT SIDES
      • 54 27 Reuter TURKEY IS EXPANDING one of two Mediterranean ports providing ferry services to the breakaway Turkish Republic of North Cyprus. Tasucu harbour, near the port of Mersin, is being expanded to improve services for passenger and vehicle ferries to the north Cyprus port of Kyrenia, a
        Reuter  -  54 words
      • 87 27 Reuter ONE SMALL TANKER of 3,130 long dwt was sold for scrap in February compared with one of 1,660 long dwt in January, London shipbroker Howard Houlder said. This brought total sales for the first two months of this year to 4,790 long dwt (two
        Reuter  -  87 words
      • 91 27 Reuter LAGOVEN, A UNIT OF state oil firm Petrleos de Venezuela, has sent its first shipments of Furreal crude oil (28 degrees API) to the US west coast, a spokesman said. He said Pecten Trading Co bought the two shipments of 360,000 barrels each,
        Reuter  -  91 words
      • 78 27 Reuter WORLD OIL TANKERS in lay-up, idle or under repair fell slightly to 2.92 million long dwt (23 vessels) in February from 3.0 million dwt (24) at end-January, London shipbroker Howard Houlder said. Combination carriers laid-up at end-February were unchanged at 295,281 long dwt
        Reuter  -  78 words
      • 41 27 Reuter THE WEST INDIA TRANSATLANTIC Steam Ship Line (Witass) said it is raising the currency adjustment factor (CAF) for traffic between UK/Ireland and the Caribbean to 13 per cent from 10 per cent from March 16. Reuter
        Reuter  -  41 words
      • 39 27 Reuter THE 38,984-DWT Taiwanese container vessel, Oriental Explorer, arrived in Seattle last Wednesday with a major loss of containers, damage to other containers and possible damage to its deck cargo, Lloyds Shipping Intelligence said. Reuter
        Reuter  -  39 words
      • 51 27 Reuter THE PORT BOW OF A Philippine bulk carrier/container vessel was severely damaged when it struck the concrete corner of a pier at Alabama State docks, Mobile, last Sunday, Lloyds Shipping Intelligence Service said. Repairs to the 24,496 dwt Philippine Victory are now underway.
        Reuter  -  51 words
    • 134 27 Reuter DUTCH transport and trading firm Van Ommeren Ceteco (VOC) said it planned to build a 15 million guilder distribution centre in the port area of Rotterdam. The first stage of the project, a 15,000 square me- tre warehouse, is scheduled for
      Reuter  -  134 words
    • 217 27 Brown Root to sell construction vessel fleet Lloyd's List HALLIBURTON subsidiary Brown Root is negotiating to sell its entire offshore construction vessel fleet in the US, Middle East and Far East. The potential sale, for an unspecified sum. involves 22 construction, work and jack-up barges and one derrick ship. Negotiations
      Lloyd's List  -  217 words
    • 1258 27 Pog« Cokjmn AiC Co**o-nori«no Tfc»r»oon 5 A<c<xd S*pg To* 3 5 AM'oi Sto Arf S«*t« S AMrod C Toepl#f 'ovoo* S Ahf0*k+i l'*0* F.ltOOn S AfC l<*0 S«*f S AP\ to« 3 5 AfS foj'<—r I A'«va l«« F.ltoon 4 5 Arrow Nino 5 A SO f'hM*
      1,258 words
    • 397 27  -  By OTHMAN ABU BAKAR THIS DECADE will see a more coordinated and aggressive marketing effort by the Klang Port Authority (KPA) to popularise Port Klang among shippers worldwide. The move, as compared with ad-hoc efforts previously, is necessary in view of the changing
      397 words
    • 336 27  -  By JEAN FOONG UK SHIPPING line P&O Containers is set to start a container/breakbulk service between Singapore and Vietnam this month. The 10-day frequency sailing, which will use the 120-TEU (20-foot equivalent units) Straits Pride, stems from Vietnam's efforts to encourage container shipping links
      336 words
    • 213 27  -  By AL O LABITA THE PHILIPPINES plans to use proceeds from the privatisation of state-owned Philippine National Lines (PNL) to finance the modernisation of the country's maritime industry. Sources told Shipping Times the sale is estimated to raise at least 100 million
      213 words
    • 852 28  -  By JOHN SPIERS AUSTRALIA'S lack of significant progress In reforming -!4ts inefficient waterfront was strongly attacked in Sydney last week by a senior representative of the agricultural sector. Dr Peter Barnard, Director of Transport Policy for National Farmers' Fed(NFF), said the re- form programme had
      852 words
    • 2104 28 AT CONVENTIONAL WHARVES lEUT* '!a 1°7? fSvk* Now *W» Ml o*oi»>ii<i ®<a WOO Vmmi Vm no B«rti Arrival Dmrtun «*>■• 3A/1D 2300 P A,-o«»O vsAo 4/10 f» OUI ISO OtOV 0700 Kmm| WharvM M Mo>n «*0 rj| 04 (a isoo OS03, ICS Dow*o« 2/10 K30 <****, 0S03/
      2,104 words
    • 799 28 THIS twice weekly 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
      799 words
    • 425 28 Vessels on offer Bulk Carriers Qataway W»*t 36,318 dwt and built 1982. Hfmaaftlma Maru 16.269 dwt and built 1960, on offer at US$6.5 million. Anik 22,430 dwt and built 1982, on offer at US$lO million. Shelterdeckers Harwang and Hanlng both of 18,207 dwt and built 1968 Equador 14,609 dwt
      425 words
    • 1004 29 RATES on the dry carflo freight market were fairly stable although chartering remained thin, brokers said. Interest was seen for grain coverage from the US Gulf area to the Continent at slightly softer levels with a 65,000 long tons cargo reported covered at U5514.25. A 35,000 tonner was
      1,004 words
    • 8791 34 AARHUS Seiandia. ScanOutch. March 5. Liverpool Bay. Triot, March 7{PK). Kaauga 1. Triot, March 6 Ever Quest Evergreen. March I Arthur Maersk. Maersk Line. March 8. Noraaia Princes* Noraaia/SeaLand. March 9 Ming Energy. Yang Ming Line. March 10. Vllle de Venus. CM
      8,791 words
    • 2800 41 Who acts for whom A B Accord Mm Accord Shpg PM Lid (SVAccord Confr Llna (M) Sdn BM (PKUAcco* Contr Una (PG) Mo Bhd (W) AK MUMfIM NV KYC Llna (S)/Ranown Shpg (PK/PN) AMrankMl UW Kim Shpg ft Tr <*< S > J AMm teAfe ItntM FraM Shpg PW LM
      2,800 words
    • 490 42 Reuter THE BALTIC Futures Exchange (BFE) moves all its contracts on to one floor from today as part of a concerted effort to boost their liquidity and volumes, which currently lag well behind the other futures markets in London. To coincide with
      Reuter  -  490 words
    • 464 42 Fairplay RUMOURS OF THE DEATH of HF radio have been greatly exaggerated. We've heard so much about satellites in the last few years that one might easily suppose that traditional long-distance radio is all but dead. This is no doubt partly because of
      Fairplay  -  464 words
    • 749 42  -  By IAN LANCASTER WARRANTIES are included in marine cargo policies to improve or maintain the risk undertaken by the insurer. For exsmple, if you inform your insurer that your goods will be shipped in palletised form, your insurer may then insert the
      749 words
    • 177 42 Reuter FRENCH IMPORTERS have cleared all barley for export to the Soviet Union through French customs, resolving a dispute with the European Commission. Exporters said clearing the barley through customs has removed any need for the commission to accept their request for an extension
      Reuter  -  177 words
  • Page 27 Advertisements
    • 67 27 I BALTIC I MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU ILOVIK 102 N 11/3 17/3 T. RIVER 86 11/3 17/3 CALL: *****71 (See Page 13 Column 4). ShlpMles, PAGE TWO Lines and services represented by Members of the Registry of Accredited [fifQjlM Shipping Agents, Singapore National \v*^ajjffc) Shipping Association.
      67 words
    • 186 27 «SHIP LASHING MATERIALS SPECIALIST H KINTERMARINE SUPPLY CO (PTE) LTD T*(: *****33 (6 Mom) Tta IMCCO R*****8 Fax 2SSM77 INSIDE Waterfront reforms AUSTRALIA'S tack of significant progress in reforming its inefficient waterfront was strongly attacked in Sydney last week by a senior representative of the agricultural sector. Page Two Changes
      186 words


  • Page 29 Advertisements
    • 2227 29 jARDINE SHPPIN^BRSI^ 200 Cantonment Road #12 05 South point, Singapore 0208 All If/ Tel 221X111 TELEX NO RS ***** avvrrnw terminal,cfs tm *****11 220 rFVTJJ BOOKINGS Tt) *****34 235 L. \SSSf A pesaka JAROINE shipping agencies son bno PORT KELANG TEL ***** IS TELEX NO. MA*****/MA39NI SZS PENANG TEL *****4
      2,227 words
    • 2358 29 Vhmi Voy| ETA I ETD "Port "Penang L DESTINATIONS Singapore Keteng Thm ■«»> Lout* M Time Feeder by V9C (MOO MRS M Farco HHI CFS WW I*oo MRS M Tauro OAK IGB MOO MEM ATI MIA CHS BAL PHL NYC MOM TOM LAURA M 9004 6/3 7/3 SM |Std 24/3
      2,358 words

  • Page 30 Advertisements
    • 1176 30 I ROTTERDAM/ VOY NO S POHE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LIVERPOOL BAY 97/528 7/3 9/3 27/3 29/3 31/3 1/4 3/4 KXSUOA 08/527 8/3 2/4 27/3 29/3 28/3 1/4 BONN EXPRESS 08/531 14/3 18/3 3/4 8/4 8/4 9/4 11/4 CARDIGAN BAY 94/530 15/3 10/4 3/4 8/4 2/4
      1,176 words
    • 677 30 SOUTH PACIFIC SERVICE SIN POM LAC SUV PPT CAP€ MALEAS 30/3 13/4 l»/4 27/4 2/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 30/3 18/5 22/5 Aa«nte: (sf3nßA\[iW SINGAPORE: *****00 JK-JIAJ/ BOOKINGS: *****08 VS. JAYA: 03-*****25 JOHORE: 07-*****2 A PENANG: 04-*****7 V NORTHBOUND TO UKC S'PORE RDM/A DAM HBG
      677 words
    • 1409 30 FwJ SmmMSXM SLXMM BfcIREGULAR INDEPENDENT FULL COMTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA CIA (VIA ALG) HAM) pot; NORASIA PRINCESS 9001-3 10/03 14/03 26/03 31/03 04/02 05/04 07/04 08/04 09/04 10/04 11/04 NORTH SEA 002W 16-03 20/03 02/04 07'04
      1,409 words

  • Page 31 Advertisements
    • 1572 31 Villi ft IIIVJ HBVMWJ SgSteamers Maritime Holdings Ltd y P&O tKTtM STRAITS SHIPPING aHAA i r at aa-i WContainers S'pore P Klant S'tan H'burj rkraa R'«aa La* ACCEPTS DUE SAILS LIVERPOOL SAY 07,03 OMB 77T0 2MB 31,® 01*4 WW KASUGA OMB OW 27» 2W 2MB #W J"*"~ m •ONN umss
      1,572 words
    • 1672 31 TO; EUROPE TO: FAR EAST SP IN ROM HAM ME FIX SPORE HK KAO BU QUEENS*AY BRIDGE 01JW 3/3 21/3 22/3 23/3 25/3 21/3 CHOYANG PARK OOCE 5/3 1/3 9/3 15/3 HANJIN LEHAVRE OOSW 10/3 21/3 29/3 30/3 1/4 2/4 HANJIN OAKLAND 12/3 15/3 IC/3 22/3 HANJIN HASAN O&3W 17/3
      1,672 words
    • 25 31 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 16/3 KARACHI acm* mmm m thampottatkm co iptq ltd. Tot an Tit m mil foe oan
      25 words
    • 348 31 UU'> STOUTS/ JAPAN/ STRAITS SERVICE ft SPECIALIST IN RO-RO HEAVY LIFTS 5 *5 VESSEL SEKI CEDAR ASIAN KOCHI TREE STAR VOY. NO 71 S 111 Sport 10/3 16/3 11/3 P. Kelang IS/3 21/3 Penang Hong Kong Yokohama 2/4 6/4 9/4 v! Nagoya 30/3 4/4 7/4 Osaka 5/4 Stnboku 2/4 Kashima
      348 words

  • Page 32 Advertisements
    • 618 32 (^VHH IRANIAN SERVICE Singapore Loading for: A VSI In March IRAN TEYFOURI 15/3 Banda Abbas fS&EilijiB B (National Line Of Mtxlca) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LI ENStNADA ICARDCNAS CRUZ MANZANILLO MORELOSV« 27/2 22/3 2W M W Vf COUMA V M W W 71* WW* MONTERREY V-fll A3
      618 words
    • 819 32 IffiYHANJIN SHIPPING I yy FULL CONTAINER SERVICE HANJIN It HAVRE (WW I S lo°3* I aS"*" OfT V?'* 'l/T*" ufi N HANJIN FELIXSTOWE 001* 17/3 4/4 W M M *4 WCCESsT/f m N IuUHM iH CHOTANC CHANCE OWW I 24/3 I lII* 12/4 13/4 IV4 1M chotaw. succt» w* HANJIN
      819 words
    • 66 32 SOON KIAT SHIPPING PTE LTD 3 SHENTON WAY #20 05/06 SHENTON HOUSE REGULAR SERVICE TO E. M'SIA S PORE «U|U roog Huj 04/90 BintuluMri K Belatt In Pt Sri Pujut 04NO Bmtulu'Miri K Belait OMJ3 Swee Ann Satu 07/90 Port Kelang j/jjj *20 torn "30 lons heavy lift reefef cargoes
      66 words
    • 1499 32 IJ-TrTT33Tm IPKL SGP NKG KSC KLC PUS NKT OSK TVO BAL LHV ANW ROM FIX HOG SCP EVER GLOBE *3 7/1 14/1 12/3 14/3 17/3 21/3 2*l 2*l 2*4 M/ 4 1/5 2/5 1/5 *5 2*5 EVER GUARD I*3 2*l 22fl 23/3 2*3 2*3 Mfl 2/4 27/4 1/5 *5 M/
      1,499 words

  • Page 33 Advertisements
    • 1333 33 —Pff PACIFIC INTERNATIONAL LINES (PTE) LTD 1 *****5* mi K iHV P,L Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VO* SIN BKK SIN EDEN 9004 7/3 »/3 14/3 PEGASUS PIONEER 71N 6/3 »/3 13/3 SEA PEARL 02NB S/3 10/3
      1,333 words
    • 699 33 EXPRESS CONTAINER SERVICE TO UK/CONTINENT V PK STOW NAM MAVtN DO AM HAVftl LiWfnl by 7ft *1 Vfi A3 113 WW few* i *i it* vi* an xn w Bono (iprtu 14/3 IV3 WWW WW cw*a» B*V iv 3 www ww WaMK 21/1 m 1W 1W IW LW IW Kurwu
      699 words
    • 506 33 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUII LLOYD P.T. SAMUDERA INDONESIA e P.T. TRIKORA LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSI/VOY S PORE R OAM/ HBURC BREMEN ANTWERP ADAM L J BONTANC/2IMB IS-11/3 11/4 21/4 14/4 21/4 KUTAI IMS 27 I*3 21/4 2*4 1/S 4/5
      506 words
    • 510 33 M MYANMA; mB* FIVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon) S'pore P Kelang Penang Bangkok MYOMACWA V/ 124 7/13 MAR 1. HPA-AN/VI47W 1012 FEB HTONEYWA V2S3W IN PT/9 MAR PAGAN VfISJW 12/15 MAR MERCUI Vim 20/27 MAR PATHEIN V/100W 24/31 MAR .gA THE BANK UNE (A «er»ice
      510 words

  • Page 34 Advertisements
    • 328 34 f— [WEEKLY STRAITS/MADRAS CONTAINER SERVICE j [fin I DAILY LCL RECEIVING AT OWN CFS 1 VESSEL P.KELANG SPORE PK MADRAS ifl LEUVE 9119 Sid 3/3 /MAPOI IMF o\io MELITA 9005 5/3 6-7/3 8/3 14/3 MACOUWt 27/2 leuVE 9120 13p 23/3 BOOKING: MACOLINE S PORE *****11 PK (03) *****77 PEN (04)
      328 words
    • 406 34 I /^HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK St* FROM PSW LBH OAK SEA HKC SIX lALANOIA 30C 09 03 15/03 02/04 05/04 OMM t HYUNDAI COMMANDER IIW 05-02 OMB 11*2 01/03 00/03 HYUNDAI CHALLENGER BE \W 22/03 0904 12*4
      406 words
    • 57 34 CCNI# Compartu Chilena dr Navegicion Inirroccsnica S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT CAPE MALEAS 30/3 13/4 18/4 27/4 2/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 30/3 18/5 22/5 AGCHTS B BORNEO SHIPPING PTE LTD MAS BULDMG 91S-0307 ETnSSVTTKI 10 SHENTON WAY. SPORE 0207
      57 words

  • Page 35 Advertisements
    • 767 35 s vi \mi i im» m»: if i) FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —11/3 TOKYO 8/3 LE HAVRE —12/3 LAUTOKA —16/3 KEELUNG —11/3 YOKOHAMA 8/3 ROTTERDAM —12/3 SUVA —16/3 MANILA 9/3 KOBE 8/3 UK PORTS —12/3 BANGKOK —12/3 AUSTRALIA HAMBURG —12/3 BUSAN 8/3 —7^- o<o GOTHENBURG
      767 words
    • 668 35 |k M J? Nedlloyd we GIVE YOU THE WORLD Nedlloyd Lines I vESSfI jkt p*f £n S Imji AuctUnd PlymouiN*) ijmTH l*Meilon<B) Don«din(B) w.tiinfto«<C) Tiu'.igi N Ro»r»/90M 14/3 17/3 14/3 14a IS/3 21/3 3/4 MV4 5/4 »4 6/4 jftf »4 24M »4 I H. (W/9005 2V3 31/3 21/3 2W 30/3
      668 words

  • Page 36 Advertisements
    • 1121 36 liliSlAlV VOV *INDO 'PK/PNG [$GP LB CHLS NFK NYC HFX OOCL FORTUNE 19 50 60 80 31/3 10/4 12/4 14/4 11/4 AMBASSADOR BRIDGE 27 12/3 13/3 15/3 7/4 17/4 15/4 21/4 25/4 NEPTUNE GARNET 23 19/3 20/3 22/3 14/4 24/4 26/4 21/4 2/5 OOCL FAIR W 260 27/3 29/3 21/4
      1,121 words
    • 741 36 lETD SIN (1 OAV) MIOAY) MIOAY) 1I II K** l KtLANG PENANG BANGKOK VICTOR TWICE/WKLY BOOKING CONTACT w H crn SIN (3 DAYS) (2 DAYS) Ml DAY) 08/03/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY J (60A¥S( ♦(i DAY, ♦,4 DAYS) BOOJjNOCONTAa I —1 08 03-90 BUSAN MANILA NAGOYA SERENE/SITI TWICE/WKLY
      741 words
    • 278 36 Continental Pacific snipping r j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S POKE PK 10AD4NC FOR MARIA K Std SW Sk) SETE/RDM/ANT/FIU/UK TAIPAN 1/3 12/3 RDM/ANT/fIU/UK ARTEMISION ifl SCTE/ROH/ANI/FLU/UK Load* Safcah/lndonMi* ®MULTIPORT AGENCIES (S) PTE. LTD. TEL: *****77 FAX: 2253*31 P.K. MULTIPONT SON BMO. TEL: 3M2MM TLX: MA M77t I#ULTRA
      278 words
    • 664 36 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a Tttok Apr Strwt SINGAPORE 0104 I TEL: 5343*0 (10 LINES) Fa*: *****04 STRAITS/PERSIAN GULF SERVICE: S port P Ketanj Ptntnf GOLDEN HARVEST CoioantxWKjradii/Dutw 12/14 Bar QOiOCN WONDER CotwnbttKjncfcttM* 24/21 CHINA SERVICE CHINA OCEAN SHIPPING CO., PEKING yk THE PEOPLE'S REPUBLIC OF CHINA
      664 words

  • Page 37 Advertisements
    • 1573 37 NEPTUNE AGENCIES PTE LTD SINGAPORE yy/1 (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 S/S/yt USA *****16, FAR EAST *****48 Documentation: *****44/*****14 Terminal: *****22 CPS: M 2 IMPORT: *****68/*****50 MMW EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang *****87, Penang *****0, J.Bahru *****3, *****4 i—————i i tmTiiii'n VHUVfllf I
      1,573 words
    • 1225 37 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 Tele* Numbers RS *****JRS ***** RS ***** ■SK MAI TNONC SHIPPING 127 NwgStrwt Pvimi Malay** MIS HANOUNG SYSTEM COSOW&HD sxsLTir&xffSvttS' m ftsgasgsanaas B* T#*"sS/iSwl fT*WWW
      1,225 words

  • Page 38 Advertisements
    • 713 38 jjlus DSR LINES VEB DEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT ROM HBG RST 0. GROTEWOHI 2/90 07/03 21/03 30/03 30/03 01/04 04/04 ARNSTADT 1/90 17/03 09/04 09/04 11/04 13/04 H. CEGIELSKI VH 23/03 06/04 15/04 15/04 17/04
      713 words
    • 1131 38 UKC CONVPITIONAL MtMVICM Vouol P KLG PNC PG Loading for PING AN CHENG 25/2 Rotterdam, Antworp HANCMUAN IfJ MMMftakNlf cam a rvu. contatun wumai Vouol PKLG PNG SPORE BKK HKG SHAI Q'DAO YANG FANG KOU V *****/2 25/2 3/3 1/3 14/3 WEI HE 41 -20/2 22/2 26/25/3 9/3 Accopting FCL
      1,131 words
    • 261 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR DELI INDAH 7.3.90 8 3.90 PANJANG/PK BALAM NAGA JAYA 6.3.90 7.3.90 PANJANG LAMPUNG JAYA 83 90 93 90 SEMARANG/PANJANG PINANG JAYA 6.3.90 8 3.90 PANJANG/PK BALAM PERITA JAYA 6.3 90 7 3.90 PANJANG/JAKARTA ABADI
      261 words
    • 548 38 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN 1: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :7/03, 16/03, 22/03, 29/03, 4/4 I EUROPE I :To all inland points: VIA VOSTOCHNY
      548 words
    • 513 38 ASEAN PORTS^ m Ngow Hock Agency Co Ltd BKK (Tel: *****80) Ivtssa Ivor smtAPOW mww* OEJA BMUM 04M to Pt 5/3 Thur 0/3 Sim BMUM 430N Tim V 3 Fri 0/3 AWNSTADT m Tut 0/3 it W m JENLINK MOM W«d 7/3 S>t 10/3 PIYA BMUM 215N W&t 7/3 S»t
      513 words

  • Page 39 Advertisements
    • 1190 39 VESSEL VOY SINGAPORE KHF/DUBAI JEDDAHI I LANKA SRIMANI 75W 8/3 13/3 20/3 LANKA RUWAN 4W 25/3 LANKA SRIMATHI 74W 7/4 13/3 20/3 I ALSO ACCEPTING CARGO (FCL/LCL) FOR: I ■A) INDIAN PORTS I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY ■6: ARABIAN GULF PORTS I SHARJAH; DUBAI; BAHRAIN; DAMMAM; KUWAIT; MUSCAT ■c
      1,190 words
    • 211 39 mfm m ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPORE ASSAY WONZ rjWB IWO3 DARESSALAAM. MOMBASA OJISOUn ASSAfI. MASSAWA HOOEIOAH ANOtNET lm 23/04 OARESSALAAM MOMBASA MBOUTI ASSAB. MASSAttA HOOEIOAH P| KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL
      211 words
    • 623 39 a-fc-P.T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICEWEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S POPC. INDONESIA, MALAYSIA 6 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK FOR BOOKINGS CALL SPCCARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      623 words
    • 698 39 Exnqi BAY OF BENGAL SERVICES HtWU PIT gj ID HI HI PAITHOON Um SIO 11/3 0 SINCERITY ?1A SLO 17/3 SUSAK 101N $10 U/3 MOJI 1M W3 20/3 TIGER RIVER MCNB 11/3 17/3 VECA 10A 12/3 24/3 ILOVIK 102N 11/3 11/3 P STAROSTIN 04SIM 13/3 2W lEUVE 9120 13/3 21/3
      698 words
    • 359 39 TO AUSTRALIA/NEW ZEALAND VSL UwkMM |oM*a L HLD«<slo I*3 Si |2V3 M 7* !•< mussel m 1m w pS w w u/s c vehouk mi 1m Ift |m 31 5s lift ummi i*T ~m uH pis vii w M 7 DATS TO FREMANTLK! TO USA/CANADA VS. Smpoara N OrtMM ClwrMatOT
      359 words

  • Page 40 Advertisements
    • 735 40 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI. ILO* OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LAOING. Penang* P Kelang Singapore ROSEEVERETT JOHNEVERETT 11/13 MURRAYEVERETT 2S/ 27 MAR 28,30 Apf "EVERETT ORIENT LINE" \UiSA JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC
      735 words
    • 617 40 West Coast. Carribbean.East Canada. HAITI. Guatemala and Honduras VSL [S PORE [MAINLINER [LAX kST |SAV [NYC |HFX ZIM SINGAPORE 10 ZIM HAIFA ]H 12|4 W Vfi \*i A. VESSEL W ZIM MONTREAL 11,4 20,4 21/4 2V4 27 4 ZIM OSAKA 21/3 ZIM SAVANNAH 11/4 W* 1/5 l/S VS ZIM TRIESTE
      617 words
    • 731 40 M" SING KWANG HANG) IWHW TNAM4PO4TATION |Ht) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAVA~| JENWEL 28/2 1/3 JENHOL I 3/3 I la/3 VESSEL S PORE BANGKOK A VESSEL 3/3 27/2 A VESSEL 10/3 6/2 DESTINATIONS ETA SINGAPORE PORT KELANG 3 MAR MANILA 2 MAR HONG KONG. ALL CHINA
      731 words
    • 480 40 A PERINTIS LINE 111 WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 73A 7/3 8/3 10/3 11/3 PELOPOR 932 10/3 11/3 13/3 14/3 PRASETIA 7SA 14/3 15/3 17/3 18/3 PELOPOR 933 17/3 18/3 20/3 23/3 SURABAYA
      480 words
    • 488 40 UN FM EAIT 11/3 KEELUN6/KAOHSIUN6 10/3 BANGKOK 9/3 MANILA 10/3 JAKARTA 9/3 PORT KELANG/PENANG 14/3 BUSAN 14/3 TOKYO/YOKO/KOBE 12/3 HONG KONG also accepting cargo to Hua ngpu/Shenzhen F uzhou/ Xiamen/Xingang/Shanghat SIN EBMPt/MK 10/3 LDN/FLX/LVP/SOU 10/3 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgarw/Czech. SIN BIA/CAJIABA 8/3 L.A./NYC/SFO 8/3 VANCOUVER/TORONTO/MONTREAL
      488 words

  • Page 41 Advertisements
    • 26 41 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEL/VOY SPORE SURABAYA JAKARTA PERMAI I 0030-030 7/3 10/3 12/3 PERMAI I 0031-031 15/3 18/3 20/3 PERMAI I 0032-032 23/3 26/3 28/3
      26 words
    • 142 41 lw»yj fj Egyptian lull national Shipping Company-*.. SERVING DIRECT TO/FROM PORT SUEZ, ALEXANDRIA, AN PORT SAID BY EGYPTIAN FIAG VESSEIS j tATHOuwp w tcm m. WSTKXJHO to icrrr N pyramids van rr* swm zvs/m ACCEPTING CONTAINER AND CONVENTIONAL CARGOES S PORE AGENT: KAWASAKI S PORE (PTE) LTD TEL OW7? 143
      142 words
    • 426 41 VSL DESTINATION ETA SIN SIWI BMUM 438N BANGKOK W ARNSTADT 2BN BANGKOK W3 JENLINK MSN BANGKOK 7(3 PIYA BNUM aSN BANGKOK 70 SO ASIA UN CEBU. MANILA U/3 AKA BMUM 10S CUU, MANILA W INFINITY 507 CNITTAGONG, MONGLA 1/3 VEGA 11A KARACHI, BOMBAY 12/3 JENWEL IS7N JAKARTA 70 FSL rro
      426 words
    • 740 41 r LCL/FCL SERVICE TO/FROM |ly n/i KL: allied-link SINGAPORE: XQglr 04-*****2 03-*****55 778 5522(22 LINESI ®EE&) V Marin* Om% 9mmn MgTCliiliNiii CNm ANm YmTMmt Y« MM m. DSN RSY ALS STRENGTH VOYO6W 11/03 21/03 26/03 01/04 ALS ENDEAVOUR VOYO6W 20/03 31/03 06AM LONDON BRIDGE VOYOBW 08AM 20AM 25AM Accepting FCL'
      740 words

  • Page 42 Advertisements
    • 1074 42 EXPORT TO: UK/CONTINENT (TRIO) fp rrr SK=. HPUM asfiUss .is h js 2 s is SSKfi is Z IS S! PR^H MEDITERRANEAN MED CIUBI* JEDDAH IgfHHH OASIS ALTAI* nT~ »T* LIVERPOOL BAY JS gar- 2 S X MIDDLE EAST (OASIS)** ||fl||JH (TpoSTI QUIA I OAMMAN KUWAIT BAHRAIN IT OA BOOS
      1,074 words
  • Page 42 Miscellaneous
    • 135 42 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 5. LEGEND: R Thunderstorm Temperature o Q r wer Weather Wmd direction with speedmknot* ..Ron Cj Cloudy Sky Wave h«ght Svrfoce wmds ore indicated by arrows wtxh Hy with the wmd Q One hjM circle represents calm or light and
      135 words