The Business Times, 8 March 1990
1990-03-08
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The Business Times
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Title Section10 1990-03-08 1 Business Times MCI (P) 170/12/89 Thursday March 8 1990 75*10 words
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NEWS SUMMARY
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61 1990-03-08 1 IRAN'S president yesterday said that he believed the Lebanese hostage crisis would be solved, adding that he had received indirect messages on the issue from the US. "My feeling is that the issue of the hostages is moving towards a solution," the Iranian61 words
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Article34 1990-03-08 1 EAST and West Germany will meet the four World War II Allies in Bonn next week to pave the way for German unification, a West German government spokesman said in Bonn vesterday.34 words
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Article34 1990-03-08 1 SINGAPORE'S stock of buildings, all 124 million square metres of it, is now worth a stunning $180 billion. Their value is about 3.8 times Singapore's gross domestic product for 1988 Page 234 words
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Article20 1990-03-08 1 ELECTRONICS companies in the US are shifting more and more of their operations to Malaysia Page 820 words
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Article22 1990-03-08 1 JAPAN'S acute labour shortage is not a temporary phenomenon but a long-term structural issue, says a study Page 922 words
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Article35 1990-03-08 1 ALMOST five years after its famous marketing fiasco. Co-ca-Cola has confirmed a report that it will soon begin testmarketing a renamed and repackaged version of "New" Coke, its dormant Pepsi-Cola taste-alike 1535 words
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Article39 1990-03-08 1 THE FALL in the eastbound trans-Pacific trade has been halted but the carriers' revenue levels "remain far short of providing reasonable rates of return on their enormous investments", say senior officials. Shipping l imes Page One39 words
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MARKETS SUMMARY
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Article28 1990-03-08 1 PRICES of blue chip stocks opened higher early yesterday, with the Dow Jones industrial average up 2.25 points to 2,679.05 five minutes into the session.28 words
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Article22 1990-03-08 1 At 1215 GMT yesterday, the Financial Times-Stock Exchange 100-shares index was up 10.4 points, or 0.5 per cent, at 2,226.4.22 words
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Article30 1990-03-08 1 KEPPEL CORP expects its calendar 1990 results to maintain last year's all-time high record in revenue and net profit growth, given the continued favourable operating environment Page 330 words
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Article29 1990-03-08 1 COOPERATION TALKS between two of the world's biggest industrial groups. West Germany's Daimler-Benz and Mitsubishi Corp, are likely to focus on electronics and aerospace Page 629 words
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Article37 1990-03-08 1 THE NUMBER OF Indonesian banks taking advantage of the new rule introduced by the Indonesian government on foreign borrowings continue to grow with Bank Umum Nasional raising a loan facility here today Page 737 words
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Article, Illustration29 1990-03-08 1 Wednesday Change BT-MGA 782.22 +0.35 Kuala Lumpur 3056.76 +1.23 Hongkong 2926.45 +6.78 Tokyo *****.34 -428.74 Sydney 1583.1 +2.7 Tuesday Change New York 2,676.8 +27.25 London 2,216.0 -14.529 words
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Article21 1990-03-08 1 Exchange rates USS SS1.8745 Yen SS 1.2430 MS SS0.6921 Money market rates Overnight 5 7/8 1/8 3-montn 6 3/16% +1/1621 words
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Article24 1990-03-08 1 London Gold AM fix US$402.60 -US$2.20 Rubber S'pore April. I61.75'/kg +1.50 M'sia April M23l.50«/kg +1.00 KL Tin Turnover 167tonnes +12 Spot M$l7.09/kg +0.824 words
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Article, Illustration459 1990-03-08 1 Quak Hiang Whai - By Quak Hiang Whai BANK CUSTOMERS have never had it so good. To maintain if not to gain market share, banks are outbidding each other by offering high interest rates for depositors but low rates for borrowers. The competition has caused lending marginsSource: MAS - 459 words
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Article, Illustration38 1990-03-08 1 FIRST DEPUTY Prime Minister Goh Chok Tong met Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad when he arrived in Kuala Lumpur yesterday for a one-day visit. Full story on Back Page.38 words
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403 1990-03-08 1 Reuter SENIOR OFFICIALS from the major industrial democracies met in Japan yesterday to discuss ways of coping with volatile financial markets as Tokyo stocks plunged and the dollar soared to its highest level in eight months. The officials have kept theReuter - 403 words
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176 1990-03-08 1 THE MALAYSIAN Finance Ministry will not intervene for the time being in the dispute between the kuala I.umpur Stock Exchange and its rival set-up in Singapore, Clob International. Malaysian Finance Minister Datuk Paduka Daim Zainuddin told Parliament yesterday that the trading of shares176 words
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518 1990-03-08 1 Yong Pow Ang - By Yong Pow Ang THE VEHICLE quota scheme that comes into effect on May 1 has been devised to minimise speculation and block the formation of cartels by motor dealers. Each individual can make just one bid in each tender. Successful bidders can transfer their518 words
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Article149 1990-03-08 1 CAR DEALERS holding multi-franchises may have to register new companies in order to get a bigger share of each tender in the new vehicle quota scheme. Under the scheme, each authorised motor distributor registered with ROV can submit a maximum of 100 bids in every tender.149 words
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Page 1 Advertisements
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Advertisement255 1990-03-08 1 ry, j 3yKy WILL CHINA'S GREAT WAR ERUPT? 10 BALM FOR FIRMS' PAINS 11 THE HIDOEN COSTS OF ADVERTISING 12 Ad Marketing 12 International Co News 6 World News 9 Aircraft Schedule 23 KLSE 18 World Stock Markets 20 Bristow 23 Leader 10 For market inAces. editorial. Commodities 22 Regional255 words
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Advertisement98 1990-03-08 1 I TOTAL I TRANSPORTATION SERVICES te1:265-3833 CROWN PACIFIC 66 Cosy Ambience, Impeccable Service fine Hong Kong cuisine 99 f 9 *ag true <'-antonese cuisme X~ J haute Cantonese dishes XR wdbtbe unique ammjUKMn Ve prepared it such as precious Bamboo touch Baked fried and with a ranety of tantalising Fungus98 words
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HOME NEWS
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NEWS ROUNDUP
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Article118 1990-03-08 2 ADVANCES in the modern age have thrown up new professions and careers and, if students are to be made aware of the options, proper guidance is needed, Senior Minister of State for Education Dr Tay Eng Soon said yesterday. The government has therefore decided to118 words
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Article95 1990-03-08 2 AS PART of a South-east Asian tour, a 15-member trade mission from the Canadian province of British Columbia will arrive in Singapore today for a three-day visit. The mission reflects the Canadian government's interest in the Pacific Rim and in establishing closer trading and economic links with95 words
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Article58 1990-03-08 2 THE Sewerage Department will be able to respond taster to complaints from the public with the introduction of three new multi-purpose vehicles. Costing $330,000 each, the new vehicles come equipped with a variety of new hydraulic tools which are light and easy to operate and will save time58 words
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Article92 1990-03-08 2 CITIBANK'S Asia-Pacific Technology Group yesterday signed a $4.7 million contract with Digital Equipment Singapore to upgrade the bank's internal electronic mail system. A Digital Singapore statement yesterday said that the deal is the first in a series of orders that Citibank will place worldwide with parent company Digital92 words
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Article127 1990-03-08 2 TO MEET the projected demand for Information Technology professionals in data communications and networking technology, Ngee Ann Polytechnic's computer studies centre is introducing a year-long, full-time diploma course in its new academic year starting in June. The centre will also introduce a 26-month part-time version127 words
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275 1990-03-08 2 Genevieve Cua - By Genevieve Cua SINGAPORE'S stock of buildings, all 124 million square metres of them, is now worth a stunning $180 billion. Mr Lee Yiok Seng, Senior Parliamentary Secretary for National Development, said that the value of these buildings is roughly 3.8275 words
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149 1990-03-08 2 THE Construction Industry Development Board (CIDB) and the Singapore Institute of Surveyors and Valuers (SISV) will each be launching a course for building managers and supervisors. Both courses are tailored for those who may not have the academic qualifications needed for diploma courses in the149 words
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Article, Illustration215 1990-03-08 2 MOVING into the second decade of island-wide computerisation, the National Computer Board (NCB) yesterday launched a programme aimed at making Singapore companies world class users of Information Technology (IT). Under the programme, called Strategic Corporate Partnership, the NCB will help local companies to215 words
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318 1990-03-08 2 PUBLIC HOUSING residents who are not Central Provident Fund contributors will soon be able to participate in an insurance scheme to protect their homes. The Mortgage Reducing Insurance Plan is the brainchild of the Housing and Development Board. The board is understood318 words
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196 1990-03-08 2 Pratt Whitney wins SIA contract PRATT WHITNEY, the world's largest supplier of commercial jet aircraft engines, beat US rival General Electric and the UK's RollsRoyce to clinch Singapore Airlines' US$2.2 billion power plant requirement for the carrier's latest industryrocking order for up to 50 Boeing and McDonnell Douglas long-range aircraft.196 words
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Page 2 Advertisements
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Advertisement132 1990-03-08 2 it's even easier to fly free. Fly Northwest round trip to America and well give you a free flight anywhere we fly in Asia. World Perks, the world's easiest free travel program, just got even That also means that if you re not already a World Perks member, easier. Between132 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration269 1990-03-08 3 Other indices Close Previous Net change Mar 7 Mar 6 BT Composite 1366.62 1354.68 +11.94 BT-MGA 782.22 781.87 +0.35 ST Industrials 1568.93 1552.55 +16.38 BT OB/OS -76 -266 +190 BT CADI -5347 -5379 +32 BT 10-day MA -5317 -5309 -8 BTOBV +*****21 +*****11 +***** ST Finance 2643.56269 words
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COMPANY BRIEFS
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Article101 1990-03-08 3 GRANITE INDUSTRIES Bhd has acquired 2.6 million shares or 5.6 per cent in Malaysian Assurance Alliance Bhd (MAA) for MS4.B million cash. The acquisition signalled Granite's move into the financial services sector and is in line with the company's plans to diversify into areas101 words
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Article92 1990-03-08 3 TDM BHD entered into an agreement with Kumpulan Ladang-Ladang Terengganu Sdn Bhd (KLLT) for the sale of 70 per cent of TDM's stake in A&W of Malaysia Sdn Bhd on Dec 29 last year. However, on Jan 31, KLLT assigned all beneficial rights with regard92 words
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Article66 1990-03-08 3 LADANG SETIA Sdn Bhd has reduced its interest in Emtex Corp Bhd through a series of share disposals between Feb 20 and 28 this year. In form 298 of the Malaysian Companies Act 1965, Ladang Setia said it sold 845,000 of Emtex shares within the66 words
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Article74 1990-03-08 3 BOLTON PROPERTIES Bhd said the Capital Issues Committee has approved the company's proposed acquisition of 15.16 million shares in Malaya Industrial and Mining Corporation Bhd for M 534.1 million. The CIC has also agreed to Bolton's special issue of 11.57 million new shares to be issued at74 words
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Article, Illustration235 1990-03-08 3 Abdul Hadhi - By Abdul Hadhi GUTHRIE GTS has roped in Mr Chow Kok Fong. the former general manager of the Construction Industry Development Board, to head its engineering and retrofitting divisions. The company said Mr Chow, who resigned from the CIDB recently, will oversee the launch of235 words
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383 1990-03-08 3 Flaine koh - THE HOCK LOCK SIEW COLUMN Bv Flaine koh THE SIME DARBY conglomerate, whose perceived weakness lay in its dependence on commodities, is showing quite clearly that it can do pretty well despite the vagaries of the plantations sector. Its383 words
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Article554 1990-03-08 3 Conrad Raj - By Conrad Raj AIDED by strong showings from its stable of companies, diversified Keppel Corporation has achieved record profits and turnover for 1989. Although the group itself modestly predicted that 1989's performance would be "sustainable in 1990", most market pundits, basing their assessments on the554 words
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355 1990-03-08 3 MBT GENERAL Corporation Bhd (GCB) is to use Low Keng Huat Construction Co (Singapore) as a platform for it to enter into international construction industry. GCB chairman Datuk Abdul LatifT Hussain said LKHS and Low Keng Huat, GCB's wholly-owned subsidiary in Malaysia, willMBT - 355 words
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167 1990-03-08 3 MALAYSIAN Finance Minister Daim Zainuddin has told the Kuala Lumpur Stock Exchange (KLSE) to speed up the implementation of its central depository system (CDS) for scriplcss share trading. "I have told the KLSE to look into the matter and ex- plorc the possibility167 words
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250 1990-03-08 3 Magdalene Ng - By Magdalene Ng THE STOCK EXCHANGE of Singapore will switch to scripless trading of mainboard stocks from April by starting with new share issues. Finance Minister Dr Richard Hu told Parliament in his budget speech on March 2 that scripless trading250 words
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Page 3 Advertisements
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Advertisement177 1990-03-08 3 Tkere Are Tkoae Wko Rpcogniw TV raft Of Gerald (wnla. And Tkere Are TW Wko an Also Afford H. The watchmaking genius oi Gerald Genta is encased in every timepiece He designs Each is a treasure. And each carries hi* name to hear testimony of his art. o From th*177 words
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Advertisement8 1990-03-08 3 Balm for corporate aches and pains, Pg 118 words
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REGIONAL COMPANY NEWS
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Article186 1990-03-08 4 HONGKONG Indicts Close Open High Low Volume Chance Hang Seng Index 2,926 2.933 2,936 2,925 Hang Seng Spot 2,943 2,940 2,950 2,925 249 -10 Close Previous Net Change Mar 7 Mar 6 Hang Seng Financc 2,057.17 2,062.69 -5.52 Hang Seng Utilities 3,657.57 3,650.71 +6.68 Hang Seng Property186 words
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Article97 1990-03-08 4 ASAHI BREWERIES Ltd is considering setting up two new breweries in western Japan, a company spokesman said in Tokyo yesterday. Asahi, Japan's second largest brewer, will build one brewery in Saijo on the island of Shikoku and another in Higashi Hiroshima on the island of97 words
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Article, Illustration462 1990-03-08 4 AFP THE TOKYO stockmarket slump has forced major Japanese companies to abandon new issues of shares and offers of convertible notes. Yasuda Trust and Banking Co Ltd has canccllcd three offerings of securities which would have raised at least US$l billion beforeAFP - 462 words
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385 1990-03-08 4 Bernama WORLDWIDE HOLDINGS Bhd, the suspended public company now controlled by Kumpulan Perangsang Selangor Bhd (KPS), the investment arm of the Sclangor state government, is to concentrate on hotels and tin mining Previously, Worldwide was involved in plantations and properties before it wasBernama - 385 words
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281 1990-03-08 4 Bernama UMW HOI-DINGS Bhd, in its bid to diversify its transportation equipment manufacturing sector, is to produce a vehicle known as "roadrailer" soon. Director Shiew Wan Shing told reporters after the company's extraordinary general meeting in Kuala Lumpur on Tuesday that UMW is nowBernama - 281 words
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Page 4 Advertisements
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Advertisement109 1990-03-08 4 T.TKF. RONTGEN, WE TOO AIM FOR X-RAY VISION. 1 i !'j i!B?SW RESULTS. .1 nology breakthroughs. *sr .*v J: > 'jrx'/.iJEM Just 35 .',•*>> nised medicine, so too HP are *<* -TJt changing the face of the com r-v:4.W i£' P uter industry. v, v»». aiV*--*>■■ J£!A£3S9 ;-~i*f Take CD109 words
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Page 5 Advertisements
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Advertisement206 1990-03-08 5 M|' > l" J "j I I I MAZDA 929 I IHI U UUL—DLIUUUv—/UUU jiH s lv^ < H <*m*r 1 BE§s3&£ 4#^^® k r I s <?#lß| B S'^^fe^sfß «*pf:p- §y :p)lNppis P S 11 tfl I 1 Li It-. v c 1 *"LIJ,W»JIL.,-, H ''^B f Defy Convention206 words
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INTERNATIONAL COMPANY NEWS
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Article95 1990-03-08 6 NEW YORK Mar 6 Indices Close Previous Net Change Dow Jones 2,676.8 2,649.5 +27.25 NYSE Composite 186.17 184.15 +2.02 Standard Poor s 500 337.93 333.74 +4 19 Turnover (nearest '000) 143,640 140,000 3,640 LONDON Financial Times 30 1,745.7 FTSE 100 2,216.0 2,230.5 -14.5 Turnover (nearest 000) 400.70095 words
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322 1990-03-08 6 AFP THE EGYPTIAN Al Fayed brothers, who took over the Harrods store group House of Fraser in 1985, have been described as persistent liars in a hard-hitting British government report on the deal just released. The Department of Trade and Industry report saidAFP - 322 words
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231 1990-03-08 6 Reuter SOUTH AFRICA'S De Beers Consolidated Mines Ltd, the world's biggest diamond producer, on Tuesday posted a 30 per cent profit rise and said it would set up a Swissregistered firm to handle its foreign business in a move apparently intended as aReuter - 231 words
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452 1990-03-08 6 Reuter COOPERATION talks between two of the world's biggest industrial groups. West Germany's Daimler-Benz and Mitsubishi Corp are likely to focus on electronics and aerospace, analysts said. Daimler said on Tuesday the two groups were holding broad cooperation talks on cars, trucks, electronics,Reuter - 452 words
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Article, Illustration344 1990-03-08 6 Reuter AT&T Microelectronics, a unit of American Telephone and Telegraph Co, and Japan's NEC Corp said they have agreed to cooperate in developing and marketing a wide range of semiconductor products. The five-year deal calls for cooperation in developing semi-custom microchipsReuter - 344 words
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COMPANY BRIEFS
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103 1990-03-08 6 RICHARD C BREEDEN, the chairman of the US Securities and Exchange Commission, said he had met in the last weeks with officials of the Soviet Union, Hungary and Poland to discuss the development of stock markets in those nations.103 words
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Article87 1990-03-08 6 TOYOTA Motor Corp has denied reports that it is planning a second European plant to produce passenger cars. Japan's Jiji Press news agency had quoted Britain's Independent newspaper as saying Toyota plans a second passenger car production plant in Europe. Toyota has no plans to build a87 words
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Article91 1990-03-08 6 THE Swedish motor and aircraft manufacturer Volvo announced a drop in both overall turnover and profits for 1989. The company reported turnover of 90.9 billion kroner (US$l4.B billion), a drop of 5.8 per cent, and pre-tax profits of seven billion kroner ($l.l billion), down 15 per cent.91 words
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Article103 1990-03-08 6 APPLIED chemicals group Henkel said it was optimistic that sales and profits would improve in 1990 after announcing a 15 per cent rise in 1989 group net profit to 404 million marks. "We continue to see our sales and profit outlook as positive," Henkel said in an interim103 words
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Page 6 Advertisements
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Advertisement556 1990-03-08 6 FOR SALE BY TENDER NEW TECH PARK, SINGAPORE The ultimate. 777 lettable area of more than 500 000 sq.ft. |h New Tech Park t «w j with an opportunity to add another IT is Singapore's \J J. 91,795 sq. ft (8,528 sq m.) New Tech leading hi-tech new tich park556 words
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FINANCIAL NEWS
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Article313 1990-03-08 7 Reuter SURREPTITIOUS funnelling of millions of dollars abroad has depleted Bangladesh's foreign exchange reserves, leaving barely enough for one month's imports, Finance Minister Wahidul Huq said. He told a group of businessmen that he suspected most of the money had been moved out through over-in-voicing forReuter - 313 words
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169 1990-03-08 7 AFP THE West German central bank said it had enough bank notes in stock to supply East Germany if the deutschemark became its official currency, a member of the bank's board said in Frankfurt 6n Tuesday. an interview, Guenter Stordi denied rumours that theAFP - 169 words
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Article, Illustration323 1990-03-08 7 Quak Hiang Whai - By Quak Hiang Whai MORE Indonesian banks are taking advantage of the Indonesian government's new rule on foreign borrowings, with Bank Umum Nasional raising a loan facility in Singapore today. With a revolving credit facility jointly arranged by Asean Finance Corporation and323 words
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322 1990-03-08 7 Reuter FOREIGN bankers in the United Arab Emirates (UAE) are optimistic that business is picking up but some are careful not to become overextended again. The foreign banking community in the UAE suffered along with the Arab banks during the severe recession ofReuter - 322 words
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290 1990-03-08 7 Reuter THE EUROBOND market focused on the new US$l.5 billion issue by Italy, officially launched on Tuesday. The bond was given a cool reception despite slightly more generous terms than initially announced, dealers said. The seven-year deal was launched at a spread of 571/2Reuter - 290 words
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SMALL CHANGE
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84 1990-03-08 7 JARDEN Morgan Ltd said its Toronto-based Deak International Inc had sold its British foreign exchange and precious metals retail operations to Thomas Cook Group Ltd, a unit of Midland Bank pic. It had also conditionally agreed to sell its North American84 words
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Article68 1990-03-08 7 THE Bank of Japan will begin study next week on the advisability of raising the official discount rate from the current 4.25 per cent to 5.0 per cent, Jiji Press reported yesterday. Quoting a central bank source, the press said the study would get under68 words
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Article55 1990-03-08 7 The Securities and Exchange Commission is planning to play big brother to the emerging market economies of Eastern Europe. "The SECs expertise in this area hopefully can assist in a successful transition to efficient private capital markets with necessary oversight and supervision," SEC chairmarf55 words
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Article60 1990-03-08 7 A NEW loan, expected to be in the range of US$ 1 billion, is being prepared by commercial banks to help Colombia meet' principal payments on its foreign bank debt that come due in 1991 and 1992, bankers said. Colombia has principal deb{" obligations of60 words
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Article71 1990-03-08 7 BULGARIA is to devalue its currency the leva against the dollar from its current parity to 3.50 leva against the US unit. Finance Minister Beltcho Belchev said the devaluation was to bring the leva more into line with reality. The special tourist rate for foreigners of71 words
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Page 7 Advertisements
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Advertisement255 1990-03-08 7 r FOR SALEI BY TENDER UNION INDUSTRIAL BUILDING 37 JALAN PEMIMPIN, SINGAPORE PRIME FREEHOLD INDUSTRIAL BUILDING Tender Closing Date: 27 March 1990 I 7-storey flatted factory building complex with approx. gross floor area 23,186 sq m (249,574 sq ft) V Freehold site area of 7,233.8 sqm (77,864 sq ft) Current255 words
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Advertisement129 1990-03-08 7 i Wonderful Europe, a destination that's close to the heart of KLM's international fleet. That's why KLM is dedicated, more than ever, to making you feel at home. With our Stay-On-The-Way WE 1 programme. Fly First Class or Business Class to any city in Europe, fwi 311 and for the129 words
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Page 7 Miscellaneous
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Miscellaneous26 1990-03-08 7 I x si Ask not what the budget can do for you. ask what you can do for the budget." They just might go for It."26 words
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THE REGION
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NOTE BOOK
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87 1990-03-08 8 AFP JAPAN has renewed its support for Cambodian leader Prince Norodom Sihanouk. The prince's office in Bangkok said yesterday that the move came with the visit on Tuesday of a team of Japanese diplomats to the prince in a guerillacontrolled area in northern Cambodia whereAFP - 87 words
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Article78 1990-03-08 8 AFP CHINESE DEFENCE MINISTER Qin Jiwci met Thai Prime Minister Chatichai Choonhavan on Tuesday during his twoday unofficial visit to Thailand. Thai government officials in Bangkok said on Tuesday that General Qin, who arrived last Sunday from Bangladesh, held talks on bilateral Mr Chatichai basedAFP - 78 words
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Article75 1990-03-08 8 Bernama MALAYSIAN Deputy Defence Minister Datuk Abang Abu Bakar Mustapha says his ministry is not being secretive about results of investigations into crashes involving Royal Malaysian Air Force aircraft but adds that it has to exercise care when releasing information to the public. He said inBernama - 75 words
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Article83 1990-03-08 8 Bernama PARTI BANSA DA YAK SARAWAK (PBDS) yesterday proposed that the National Front Supreme Council allow its component parties in Sarawak to use their own symbols to maximise the coalition's overall chance of capturing all the seats in the coming parliamentary election. Following reports thatBernama - 83 words
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Article84 1990-03-08 8 AP PHILIPPINE senator Juan Ponce Enrile released on bail on Tuesday after being charged with involvement in last December's failed coup said yesterday that during his week's confinement, he read the writings of President Corazon Aquino's late husband whom he ordered arrested while serving as defenceAP - 84 words
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Article80 1990-03-08 8 Reuter THE AUSTRALIAN Labor Party's lead over the conservative opposition ahead of the March 24 election has widened in the latest opinion poll. Support for Labor was unchanged at 42 per cent against 39 per cent for the Liberal/National Party coalition, said the MorganReuter - 80 words
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293 1990-03-08 8 AFP ELECTRONICS companies in the US are shifting more of their operations to Malaysia in a move to further integrate their Malaysian operations, an industry official said in Penang. Mercer Curtis, chairman of the Malaysian-American Electronics Industry (MAEI) group, said yesterday US companiesAFP - 293 words
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Article, Illustration221 1990-03-08 8 THAILAND'S Board of Trade (BoT) has cautioned businessmen that Burma's currency shortage and its overvalued exchange rates are still posing serious problems for Thai-Burmese trade and investments, according to the Bangkok Post. This was one of the conclusions drawn by a highlevel BoT delegation which221 words
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Article160 1990-03-08 8 AFP INDONESIA'S telecommunication satellite Palapa B-2R may be launched later than scheduled because of US priority problems. The official Antara news agency on Tuesday quoted the Director General of Post and Telecommunication, Mr Abdulrachman, as saying that a report from an Indonesian technical team currentlyAFP - 160 words
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Article, Illustration237 1990-03-08 8 Bernama MALAYSIA, in its bid to move into the next stage of more sophisticated industrialisation, has sought the assistance of the World Bank to undertake feasibility studies on structural adjustment programmes for three industrial sub-sectors. Trade and Industry Minister Datuk Seri Rafidah Aziz saidBernama - 237 words
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155 1990-03-08 8 Bernama THE MALAYSIAN government must give its strongest support to foster competition and industrial efficiency in the domestic economy to ensure that the increasingly higher prices are not to be borne by the consumers, says a leading local bank. "There may be aBernama - 155 words
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Page 8 Advertisements
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Advertisement178 1990-03-08 8 f. I Every day you make financial decisions that affect your company's future. To get ahead, you need accurate information as fast as possible: you need Hexagon, Hongkongßank's global electronic financial service system. Hexagon gives you direct access to FOREX information, lending and deposit rates, stock market information, and much178 words
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THE WORLD 1
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Article, Illustration423 1990-03-08 9 AFP A SENIOR American senator has urged a full-scale probe into allegations that foreign firms operating in the United States are cheating on their taxes to the tune of billions of dollars. The demand made by Senator Jesse Helms in letters to President GeorgeAFP - 423 words
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329 1990-03-08 9 AFP THE JAPANESE CABINET has adopted a Bill that will revise a controversial consumer tax, in line with a promise made by the ruling Liberal Democratic Party (LDP) during last month's election campaign. The Bill, due to go before the Lower House ofAFP - 329 words
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314 1990-03-08 9 AFP JAPAN'S acute labour shortage is not a temporary phenomenon but a long-term structural issue requiring drastic measures by the government and private sector, according to a study by Saitama Bank Ltd. The study, published in the bank's latest monthly review, warnsAFP - 314 words
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Article, Illustration292 1990-03-08 9 AFP JAPANESE CARS that are produced in the European Community should be included in a post-1992 monitoring arrangement that will restrict Japan's penetration of the EC market, a European commissioner said in Brussels on Tuesday. The comments by Frans Andriessen, vice-president of the EC's executiveAFP - 292 words
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168 1990-03-08 9 AFP A US Government official said on Tuesday that Washington was pleased with the response by US companies to investment opportunities in Eastern Europe. But an industrialist warned that the economies of Eastern Europe would not be reformed by US investors whose primeAFP - 168 words
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WORLD WATCH
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61 1990-03-08 9 THE European Commission on Tuesday said it had succeeded in breaking an agreement between 26 telecommunications authorities that imposed a 30 per cent surcharge on circuits tjhey lease to private firms. "This is a landmark case in the appli cation of Community competition61 words
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Article62 1990-03-08 9 JAPAN overtook the 12-nation European Community (EC) as the biggest purchaser of US farm produce last year, the US Department of Agriculture (USDA) said on Tuesday. The Soviet Union, which increased its purchases of US agricultural commodities by 71 per cent, lept from sixth62 words
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Article65 1990-03-08 9 WEST GERMAN Chancellor Helmut Kohl said on Tuesday Germans intended no "Fourth Reich" in national unification and wanted neighbouring Poles to live within secure borders. Mr Kohl sought to calm international anxiety arising from his equivocal stand on Poland's post-war frontiers when he appeared at a rally65 words
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Article47 1990-03-08 9 CZECHOSLOVAKIAN Parliament on Tuesday set June 8-9 for the first free elections in more than four decades, the state CTK news agency reported. The country's free parliamentary elections follow Czechoslovakia's peaceful revolution last year that toppled the hard-line Communist leadership of Milos Jakes.47 words
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Article43 1990-03-08 9 OVER 100 Yugoslav companies, employing 65,000 workers, went bankrupt in January, the Yugoslav state news agency Tanjug said. It quoted figures by the State Auditing Service as saying 52 of the firms were in the biggest republic, Serbia.43 words
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Page 9 Advertisements
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Advertisement157 1990-03-08 9 HRI M jMHL ifl I 9 HHH Thinness to the point of 3 millimeters. Accuracy to the point of seconds a year. Engineering to the point of art. That's the point of Delirium. CONCORD |f|ij^ THE GENTRY. V SINCE 1908 NTRODUCING TH£ CONCORD DELIRIUM 18K GOLD AND STAINLESS STEIi WA157 words
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457 1990-03-08 10 EDITORIAL N ASKING 31 owners of Indonesia's largest business conglomerates to sell M part of their equity shares to cooperatives, President Suharto has underlined the essentially symbiotic relationship that exists between the creation and the distribution of wealth in a healthy political economy. When Indonesia457 words
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WHAT THE OTHERS SAY
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Article201 1990-03-08 10 AFTER THE BLOODY December coup attempt in the Philippines, the general feeling was that it would not have taken place had President Corazon Aquino been tougher with previous culprits. More so, too, if her government is not to be sidetracked from pressing priorities. The arrest of Juan201 words
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Article154 1990-03-08 10 THE GOVERNMENT'S decision to allow the service sector to employ workers from Malaysia is timely as the sector's labour woes cannot be ignored for too long, particularly in a buoyant economy. However, the government has to be cautious about the possible undesirable eflccts as more foreign workers154 words
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Article117 1990-03-08 10 FOLLOWING the failure of the Jakarta talks on the Cambodian problem, the war is expected to hot up again, which means Vietnam is expected to step up military aid to the Phnom Penh regime. The talks had failed because of the fundamental differences between the rival Cambodian117 words
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REGIONAL VIEWPOINTS
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Article139 1990-03-08 10 PRESIDENT SOEHARTO on Sunday elaborated on his appeal to robust and large companies to sell part of their equity shares to cooperatives, saying it was a step towards enhancing a more equitable distribution of wealth. Many businessmen took that message mostly as a political ploy to139 words
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Article126 1990-03-08 10 WHETHER OUT OF frustration with frequent labour unrest or in response to pressure from political quarters. Prime Minister Chatichai hoonhavan's decision to suspend the privatisation of state enterprises is both disappointing and regrettable. His submission to the demand of the State Enterprise Labour Relations Group, the public-sector126 words
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Article141 1990-03-08 10 THE PROPOSED Bill of Rights l or Hongkong will evoke howls of disappointment from human rights advocates because it will not ha\ e supremacy over other statutes. After the high hopes expressed last year for a Bill which would provide protection for the territory's freedom following141 words
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Article, Illustration880 1990-03-08 10 Guy Dinmore - Is socialism a bulwark against civil war in China? Guy Dinmore searches recent political developments for an answer. Guy Dinmore Reuter CIVIL WAR in China? A deep-rooted fear of "chaos under heaven" strikes at the hearts of all Chinese. In recent weeks, Beijing'sReuter - 880 words
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Page 10 Advertisements
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Advertisement96 1990-03-08 10 I 929's going for 100 Rental, that is. Per day. Starting today. You can now rent a spacious, fully-equipped Mazda 929. Drive around Singapore in elegant comfort and style in our superblymaintained cars for only $100. But come book your Mazda early it's on a first-come, first-served basis. Sime Darby96 words
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Page 10 Miscellaneous
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Miscellaneous22 1990-03-08 10 DOONESBURY J'M MY zSm OOULVTHAT J )CU?ANPMUI VANiUA' PAPFSTfcI h&Z, MAN A SOULIISOUL* MOASZ* HAPPING HOWABOUTMUU* neH U SSI PARENTS 1 &^J\22 words
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ANALYSIS
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639 1990-03-08 11 Jonathan Fryer - What does a reunified Germany mean for the European Community? Jonathan Fryer of the BBC examines the question. Jonathan Fryer AS EUROPEAN POLITICIANS continue their debate about whether German unification ought to happen, officials ot the European Community in Brussels are acting on639 words
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Article, Illustration1047 1990-03-08 11 Elaine Koh - The stock market may not be operating on pure fundamentals these days but it certainly cannot sustain itself without them. The current corporate reporting season should be a time for the market to reassess its favourite counters. Elaine Koh reports. Elaine Koh EVEN as1,047 words
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Article, Illustration706 1990-03-08 11 Moses Manoharan - Things have not been good for India's Reliance Industries since Rajiv Gandhi's Congress party was voted out of power. Moses Manoharan reports. Moses Manoharan Reuter THE industrial empire schoolteacher's son Dhirubhai Ambani built into a middle-class dream threatens to turn into a nightmareReuter - 706 words
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Page 11 Advertisements
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Advertisement93 1990-03-08 11 BY TENDER 1 No.l EWART PARK, SINGAPORE Tender dosing on 28 Mar 1990 Freehold land area 48,706 sq ft Existing bungalow 6,000 sq ft built-up, tef in tenantable I j condition with a I J swimming pool ,y V tennis court C For sale in total or Entire site can93 words
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FOCUS
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Article329 1990-03-08 12 ANY up-and-coming male executive will do well to remember that the state of a man's underwear can tell many a tale about his character and aspirations, say fashion pundits. Just as women spend millions of dollars on luxurious lingerie, more and more men are pampering themselves329 words
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391 1990-03-08 12 Suzanne Soh - By Suzanne Soh FIVE LADIES undergar-ment-makers invested almost $800,000 in media advertising last year, with German brassiere firm Triumph International leading the way. Triumph, probably the best-known bra label in the world, accounted for over 70 per cent of the money spent on underwear391 words
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Article290 1990-03-08 12 ADVERTISING MARKETING EDITED gytOHHUI Wi WHILE Perrier has been busy washing traces of benzene from its production since the middle of last month, Evian has been just as busy ringing up sales from ex-Perrier faithfuls. True, the French waters are hardly conventional competitors in the290 words
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Article210 1990-03-08 12 WITH 12 years in the advertiser's shoes behind him, the chairman of the Advertising Standards Authority of Singapore (Asas), Mr Felix Stravens, is rejoining agency ranks as accounts director of Lintas Singapore. "Clients and agencies both speak different languages," observed Mr Stravens, who was brand manager210 words
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Article154 1990-03-08 12 DMB4B has acquired a minority equity interest in Seoul Advertising Co (SAC) as part of the advertising company's strategy to expand in Asia. SAC, a 10-year-old agency, had billings of US$5O million last year. Its multinational clients include Procter Gamble and Philips, both of whom are currently clients154 words
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550 1990-03-08 12 Edwina Ong - MARKETING MATTERS By Edwina Ong Edwina Ong is client service manager, Ogilvy Mather Public Relations WALT Disney, Akio Morita and David Ogilvy what do these three men have in common? They are all visionaries who created large multi-na-tional companies which are remarkable not only550 words
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Page 12 Advertisements
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Advertisement625 1990-03-08 12 CRANFIELD SEMINARS by CRANFIELD SCHOOL OF MANAGEMENT in collaboration with KPMG PEAT MAR WICK MANAGEMENT CONSULTANTS PTE LTD. Top Management Seminars By One Of Europe's Leading University Management.Schools To Provide Managers With The Skills To Excell COMPETITIVE EDGE MANUFACTURING SEMINAR 16 MARCH 1990 FEE: S$S75 OBJECTIVES: This seminar has been625 words
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Advertisement177 1990-03-08 12 Our client, a well known Public Relations Consultancy with an impressive local and regional client base, is looking to recruit a SENIOR PUBLIC RELATIONS EXECUTIVE to work on specific accounts. The ideal candidate will have had a minimum of five years' experience either with a public relations company or on177 words
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Advertisement95 1990-03-08 12 H3BECTHH cjietoi mpoaaui aeoititoi CCCP Advertisements in IZVESTIA are more than just advertisements. There's now a direct route for business with the East. Advertisements in IZVESTIA, the largest daily paper in the Soviet Union, are directed at the most important decision makers in Soviet business and produce immediate inquiries. Isn't95 words
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SPORTS
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Article, Illustration253 1990-03-08 13 AP STEFAN EDBERG, on the comeback trail from a muscle injury, overpowered Scott Davis 6-3, 6-2 on Tuesday in their second-round match in the US$l million Champions Cup in Indian Wells. The second-seeded Swede lost just 14 points on his serve against Davis, a wildcardAP - 253 words
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524 1990-03-08 13 AP JENNIFER CAPRIATI, wise beyond her 13 years, knew better than to put too much stock in her first professional tennis victory. "Now I know a little bit about what it's like to be a pro," she said in Boca RatonAP - 524 words
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Article, Illustration523 1990-03-08 13 AP CURTIS STRANGE is in a catch-up position this week as he goes into the much-de-layed start of his American Professional Golfers' Association Tour season. Strange, who has won golfs money-winning title in three of the past five years, is inAP - 523 words
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251 1990-03-08 13 AP CHRIS COUCH may not end up with the low score at this week's Honda Classic in Florida, but he will definitely be the low man in one category age. Couch, 16, may be the youngest player to ever qualify for aAP - 251 words
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132 1990-03-08 13 AP DEFENDING CHAMPION Miguel Indurain of Spain moved into first place in the Paris-Nice cycling race on Tuesday as Belgium's Carlo Bomans won the day's stage. Indurain moved past Francis Moreau of France for the overall lead. Indurain finished in the pack just four secondsAP - 132 words
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SIDE LINES
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Article130 1990-03-08 13 AP 808 GOULD's goal with 41 seconds left in regulation gave Boston a 2-1 victory over Philadelphia as the Bruins completed a three-game sweep in the National Hockey League series with the Flyers on Tuesday. Gould tapped in Dave Christian's shot past goalie Ken Wregget inAP - 130 words
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Article125 1990-03-08 13 AP KEVIN DUCKWORTH scored eight of his season-high 28 points during a decisive 13-0 run that carried the Portland Trail Blazers to a 112-100 victory over the New York Knicks on Tuesday. The Trail Blazers won their 40th game of the season, one more than allAP - 125 words
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Article120 1990-03-08 13 AFP SOVIET SKATERS got their sums right yet again on Tuesday to come out top after the opening numbers in the world figure skating championships in Halifax, Canada. Olympic champions Ekaterina Gordeyeva and Sergey Grinkov were half-way towards their fourth world pairs title while Marina Klimova andAFP - 120 words
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Article98 1990-03-08 13 AP WORLD CHAMPION Massimo Biasion of Italy won Tuesday's opening stage of the five-day Portuguese Port Wine Rally, but Japanese cars pressed hard behind his Lancia. Biasion, chasing his third consecutive Portuguese rally victory, raced his Lancia Delta Integrale round the 2.5-km mud track in Lisbon'sAP - 98 words
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Article88 1990-03-08 13 AFP INDIAN teenager Sachin Tendulkar will miss the match against Australia today after tearing a calf muscle while fielding against New Zealand in Wellington on Tuesday. The 16-year-old batsman was carried from the field on a stretcher and taken to hospital. "He will miss the gameAFP - 88 words
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Page 13 Advertisements
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Advertisement52 1990-03-08 13 SCENT The invisible flavour of a fine dish The essence of Shang Palace ■T 21>«S JL Enter the moongate, rest amongst tranquil surroundings S and savour authentic Cantonese cuisine Shangri-La hotel Call 734 4805 or 737 3644 extn 1954 for reservanons SINGAPORE Shoncj FaklCC Ample free parking space a shancri-la52 words
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Page 14 Advertisements
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Advertisement1130 1990-03-08 14 ftlllDE TO COOP F00D... GUIDE TO GOOD F00D... GUIDE TO GOOD F00D... GUIDE TO GOOD F00D... GUIDE TO GOOD FOOD Didn t I see you at Scandals? 9HIHv HL. Even Mondav: High Fashion Xight. Every Thur«ia\ Udics Night Evert- Night: I h«- plate to see and be seen. Scandals. Singapore's1,130 words
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Page 14 Miscellaneous
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Miscellaneous703 1990-03-08 14 TELEVWOH AMP RADIO f ..mi 7.30 New*(M). ®-00 Natieeal Mewa (M). BUSINESS ON RADIO I A I 7AI 1H ft AfIPC SBC 12 7.50 New,watdi. 8.30 Malay Drama M.sten TekIIIC yUUllg UilCa 5S^tN,J hCThiCf(Pt2) 9.30 Comedy Show Jenaka M N 8.00 Tha Afrkan EiW- 9 .j0 Miami Vice Freefall <Pt703 words
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LIFESTYLE
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Article, Illustration770 1990-03-08 15 Randall Rothenberg - Things go better with Coke, they used to say. Now the company believes things could go even better with Coke 11. Randall Rothenberg reports. Randall Rothenberg NYT Almost exactly five years after it introduced a sweeter, reformulated version of Coca-Cola and found itself miredNYT - 770 words
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Article, Illustration651 1990-03-08 15 The obsessive fan a Hollywood-bred menace Reuter CLINT EASTWOOD has a licence to have a gun for his protection. Cybill Shepherd says she sleeps with a gun in a drawer next to her bed. Stars are escorted by bodyguards when they go to public functions. Comedian Eddie Murphy has four.Reuter - 651 words
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269 1990-03-08 15 CHATTERBOX THE JAPANESE have got Rockefeller Centre, baseball and McDonald's and now they've managed to bottle "Gone With The Wind." Japanese media conglomerate Fujisankei has announced the introduction of a new American wine, "Gone With The Wind," to be sold exclusively269 words
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Page 15 Advertisements
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Advertisement310 1990-03-08 15 GUIDE TO GOOD FOOD A Culinary Tribute i To Fresh River Salmon. i From March 2 to 17, you can enjoy fresh I 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 now310 words
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Advertisement323 1990-03-08 15 The art of doing business. Fourchettes Business Lunch. At Fburchettes Grillroom, one of Sinfapore's finest business lunches awaits The freshest oysters. Goose Rillettes and other appetizers. j Main courses from the Grill, or Roast US Pnme Rib from the Carvery Accompanied by the most exquisite Desserts, Teas and Confers At323 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4012 1990-03-08 16 Lim Mui Khi - By Lim Mui Khi IN SPITE OF large gains in the key stock market indices, the local market yesterday was generally quiet. Share prices closed higher across the board on speculative buying and bargain hunting after the last few lacklustre days. Strong gains4,012 words
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STOCK EXCHANGE OF SINGAPORE 2
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731 1990-03-08 17 Lim Mui Khi - By Lim Mui Khi BARGAIN HUNTERS in low-priced Malaysian stocks boosted activity on the OTC market yesterday, leading to a price rise across the board. The Business Times Composite Index rose 11.94 points to 1,366.62 while the UOB OTC Index rose 5.67 points to 996.81.731 words
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Article2895 1990-03-08 17 Gr'i Gr's 1989/40 Tel last Vol Day Last Quote Div Di» Yld Set M Cap High Ii>w Code Company Sale +or(W0) High Low Buyer Seller CVr P/E Smil HONGKONG STOCKS 102 95 1418 CDL Hotels Intl 95 -2 3010 97 95 90 95% 1246 Cathay Pacific 1000 9802,895 words
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936 1990-03-08 17 mwwwh Company Expiry/ Coupon maturity (S) date Conversion period Interest payable Conversion term for one ordinary share Causeway loan 1994 6 Dec 31 Causeway Wt 1994 Oct 2, 1989 to Oct 20. 1994 1 warrant plus SI cash or 1 warrant plus SI nominal936 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3351 1990-03-08 18 MBT INVESTORS shrugged off the depressing mood on the Tokyo market yesterday by emerging to bargain hunt for attractively-priced stocks in the afternoon, enabling the Kuala Lumpur stock market to finish firmer in moderate trading. Dealers said interest continued to be focused on lower-priced and situationalMBT - 3,351 words
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BT SHARE INFORMATION SERVICE
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Article600 1990-03-08 18 Singapore Stocks List Full Year Company Period Date Year Net EPS Gross Met amomced era** (cents) dry profit last rear (S'000) BMI Interim Jan 27 lun 90 169.6 100.0 G Seantws Fmal Feb 2 Dec 89 6.8(a) 768 Guthrie GTS Fmal Feb 22 Dec 89 Final Feb 28600 words
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Article418 1990-03-08 18 Currant Ex Boohs Date Total for Total lor payment date doso payaMo tfco yoar last yoar km Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C Avmt 151TI Feb 28 Mar 12 May 15 251TI 251TE BAT 909%(n) Apt 6 Apr 19 May 3 122 71(h) 72*1 Bent)418 words
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Article48 1990-03-08 18 Landmarks Berhad: EGM at Ledang I H, Carcosa Sen Negara, Taman Tasik Perdana, ***** Kuala Lumpur on Monday, Mar 12, at 11.00 am. Pacific Can hvestment Hokinfs Limited: First AGM at No 1 Sixth Lok rang Road Singapore 2262 on Thursday, Mar 22, at 10 30am.48 words
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Article317 1990-03-08 18 Company Rights Issue HMe Or* for tour (a, MJ? 40 per share E* date Mar 8 Books Ck)« Mar 22 Acceptance Payment NYA Boustudco One-tor three $115 per share Ei date Ian 19 Books close Feb 1 Acceptance Payment Mar 19 C4C Twfrtor fwe fe, $2 10 per317 words
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Article359 1990-03-08 18 Company Rights Issue A Entoprius Three-tor tour fe Ml? 30 per shaft Apolo One-tot one fe >185 pet shaft 0 Hafcfc** Issue of 27m loan stocks m the ratio of S3 loan stock toe every hve ofdmary stares Md FAC8 ta MJC60 per share Fiber Merfc One-tor one359 words
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Article163 1990-03-08 18 BT Composite Index ST Industrials Index 1990 Mt 1402 22 (6/2/90) 1990 l*t *****0 (20/2/90) 1990 tow 1307 35 26/1/90) 1990 taw: *****3 (26/1/90) 1989 Nth: 1322.00 28/12/89) 1989 M*t 1487 76 (26/12/89) 1989 taw 917.42 (4/1/89) 1989 taw 1030 69 (4/1/89) 1988 Mt *****6 (8/8/88)163 words
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REGIONAL STOCK MARKETS
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Tokyo stocks close sharply lower in thin trade
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Article, Illustration1088 1990-03-08 19 HONGKONG share prices closed marginally easier after narrow-range trading ahead of yesterday's budget announcement. The Hang Seng index shed 6.78 points to 2,926.45. "The market wasn't reacting to initial news from the budget, and now that it's finally out of the way we might see some upward momentum returning,1,088 words
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Article, Illustration686 1990-03-08 19 TOKYO SHARES closed sharply lower but off their lows in thin trade yesterday. Arbitrageurs unwinding stock index futures positions fuelled the broad-based selling, but a persistently weak yen and lower yen bond prices also spurred investors to sell or stay on the sidelines. "There is definite logic to selling686 words
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Article, Illustration497 1990-03-08 19 AUSTRALIA'S share market edged up to a slightly firmer close yesterday, led by demand for resources stocks and positive sentiment from a strong performance on Wall Street, brokers said. The All Ordinaries Index put on 2.7 points to 1583.1, but was down from its high at 1588.7 reached in497 words
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Article237 1990-03-08 19 THE UNDEFINED ROLE of army chief Chavalit Yongchaiyudh in Thai politics depressed market sentiment sending stocks to close broadly lower yesterday, brokers said. The composite SET Index fell 4.61 points to 799.86. Declines led advances 87 to 33. Siam City Cement, Sweden Motor and Manager Co topped the active237 words
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Article85 1990-03-08 19 THE RELEASE from detention of opposition senator Juan Ponce Entile and the easing of tension in the northern province of Cagayan have drawn buyers back into the Manila market, pushing up the prices of many issues yesterday. The Manila Stock Exchange composite index rose 10.24 points to close at85 words
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Article393 1990-03-08 19 TAIWAN stock prices fell after an unsteady day yesterday as talk of a politi- cal split in the ruling Nationalist party continued to rock the market, dealers said. The weighted index fell 46.58 points, or 0.4 per cent, to finish at 11,415.56 compared with Tuesday's 11,462.14 finish. Turnover was393 words
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Article242 1990-03-08 19 THE COMPOSITE INDEX of Seoul stocks dropped below the 850 level and moved towards the year's lowest mark as individual investors dumped stocks yesterday, brokers said. The index closed at 847.46, down 10.12 points from Tuesday's close. Turnover was a thin 178.7 billion won compared with 259.4 billion in242 words
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Article88 1990-03-08 19 NEW ZEALAND SHARES gave a muted response to improvements on Wall Street by rising marginally on moderate turnover yesterday. Brokers said trade was quiet before Brierley Investment's interim result, due at 12 noon today. Share analysts expect a net profit of around NZ$lB5 to NZ$l9O million compared with88 words
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Article55 1990-03-08 19 TURNOVER on the Jakarta stock exchange rose to 3.1 million shares from Tuesday's 1.84 million. The composite index edged up 1.58 points to 585.90 with prices ending mixed. Java Pelletizing Factory was the most actively traded at 707,100 shares, rising 775 rupiah to 10,700. The Jardine Fleming Nusantara index55 words
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Article79 1990-03-08 19 BOMBAY share prices finished mixed yesterday after an early rally lost momentum as the market failed to attract investor support. Brokers said the market opened strongly after newspapers quoted Finance Minister Madhu Dandavante as saying he would take steps to ensure the market's buoyancy. They said buyers, however, preferred79 words
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Page 19 Advertisements
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Advertisement83 1990-03-08 19 iii $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Singapore, Hongkong as region's stockmarkets? Special report: Japan's yen for Singapore The big business of celebrating Pick of the region's quality stocks Simex's agenda for the 1990s Cruises for everyone Investment spotlight on Polytek Wearnes, Metalock MARCH 1990 A Times Periodicals publication83 words
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WORLD STOCK MARKETS
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Selective buying pushes Dow sharply higher
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Article, Illustration839 1990-03-08 20 WALL STREET stocks on Tuesday resumed their climb from last week, ending sharply higher after a modest pullback on Monday. Interest in selected issues and a late afternoon bond market rally underpinned the advance. The Dow Jones Industrial Average rose 27.25 points to 2,676.80. With 144 million shares839 words
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Article, Illustration777 1990-03-08 20 LONDON share prices were higher at midday yesterday, as some selective buying and several strong earnings reports pushed the market up. At 1215 GMT, the Financial Times-Stock Exchange 100-shares index was up 10.4 points, or 0.5 per cent, at 2,226.4, near its session high. The index's morning low was777 words
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Article214 1990-03-08 20 DUTCH STOCKS extended gains in moderate early afternoon trade yesterday. At 1245 GMT the EOE 25-share index was up 4.12 points at 271.49. Dealers said Tuesday's higher Wall Street close combined with reports of favourable 1989 results of several Dutch firms triggered professional buying, including demand from the Amsterdam214 words
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Article238 1990-03-08 20 THE WEST GERMAN share market yesterday staged a surprising comeback from its recent malaise, with prices closing 1.2 per cent above Tuesday's levels. "The mood swung toward the positive again today," one trader said yesterday. A recovery in futures prices for German federal bonds in London sparked hopes that238 words
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Article115 1990-03-08 20 ITALIAN share prices were trading generally unchanged in tight volume at midday yesterday although Assicurazioni Generali Spa fell slightly on news of its takeover of the US BMA Corp's insurance unit Business Men's Assurance Co of America. Milan Mir 6 Lire Ass Geti ***** 70 Bastogi 357.00 -1.5 Fiat115 words
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Article172 1990-03-08 20 FRENCH SHARE PRICES wavered in low volume at midday yesterday amid concerns about international interest rates, although oil firm Elf bucked the trend. Dealers said chart indications for Elf stock were positive, but could cite no other factors behind the six franc gain to 609 in active trade. Elf172 words
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Article52 1990-03-08 20 SWISS SHARES traded firm at midsession yesterday. Dealers said chemical shares rose on a newspaper report that animal experiments using pharmaceutical company Immuno's Aids vaccine had produced promising preliminary results. Immuno bearer shares rose 510 Swiss francs to 4,270. The company said it might issue a statement later in52 words
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Article250 1990-03-08 20 Brussels Mar 6 Fraacs FORWARD MARKET Acec 4920 -25 Artoed 4780 +245 Astur 1258 +62 Brascan 728 -16 Canpac 718 -6 Cock 195 +9 Dc Beers 676 -4 Ebes. 4200 -50 Gb-Inno-Bm 1204 +10 Gevacit 8500 +110 Gr Bru Lamb 3905 +10 Hobok Petro ***** 75 Ryl Dutch 2625 -25250 words
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Page 20 Advertisements
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Advertisement520 1990-03-08 20 IB I Keppel Corporation Limited I (Incorporated in the Republic of Singapore) H AUDITED RESULTS FOR THE YEAR I ENDED 31 DECEMBER 1989 I The Directors of Keppel Corporation Limited advise the following audited results of the Company and of the Group for the year ended 31 December 1989: COMPANY520 words
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Advertisement165 1990-03-08 20 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF N R ROBERTSON ASSOCIATES (S) PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306(2) of the Companies Act Cap. 50 that the FINAL MEETING of the Members of the abovenamed165 words
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Advertisement20 1990-03-08 20 Johannesburg and Zurich prices were not available MARCH 1990 Each Weekend EXECUTIVE LIFESTYLE 7j) in IA IHLN MMi ik! IM20 words
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CURRENCY, MONEY & FUTURES MARKETS
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1194 1990-03-08 21 FOREX MARKET REPORTS THE US dollar ended higher against the yen yesterday after it rose above the key resistance level of 150.50 yen, triggering option-related stop-loss buying in the process. It had rallied to just below 151 yen before retreating on profit-tak-ing1,194 words
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Article393 1990-03-08 21 Cross rates Mar 7 USS S$ MS Dm Yen SFr AS NZS US$ 1.8745 2.7085 1.7050 150.80 0.6079 1.5015 1.3141 1.6978 S$ 0.5335 ***** 0.9096 0.8045 0.3243 0.8010 0.7010 0.9057 MS 0.3692 69.21 0.6295 0.5568 0.2244 0.5544 0 4852 0.6268 Dm 0.5865 1.0994 1.5886 88.45 0.3565 0.8806393 words
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Article568 1990-03-08 21 Interbank rates S$ Bid Offer Overnight 5 3/4 5 7/8 1-montn 6 1/16 6 3/16 2-month 6 1/8 6 1/4 3-monmth 6 3/16 6 5/16 Overnight mode: 5-13/16 US$ Bid Offer 7 days 8 1/4 ~8 3/8 1 month 8 5/16 8 7/16 2 months 8 5/16 8568 words
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Article95 1990-03-08 21 Reuter HOW US Congress will restructure the Commodity Futures Trading Commission to better police trading in the US will be a major topic of discussion at this week's annual Futures Industry Association meeting in Boca Raton, Florida. Other issues likely to be discussed at the MarchReuter - 95 words
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287 1990-03-08 21 Reuter A RISE in cash currency option trading by Japanese banks and corporations has contributed to sharp fluctuations in the US dollar on the spot market in Tokyo, many option and foreign exchange traders say. Anxious to boost profits before their 1989 financial year-endReuter - 287 words
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Article1479 1990-03-08 21 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 90 91.59 91 59 91.56 91 58 627 9347 2015 Jun 90 91.48 91.48 91.45 91 46 7966 ***** ***** Sep 90 91.36 91.38 91 36 91.37 1109 3682 1870 Dcc 90 91.18 91 191,479 words
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COMMODITIES
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Article418 1990-03-08 22 AFP PRICE MOVEMENTS on the commodities market hold out little hope for the economies of African exporters, whose falling standards of living are leading to social unrest. Western experts say. Africa produces too much coffee and cocoa, whose prices are at their lowest for 14 yearsAFP - 418 words
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243 1990-03-08 22 AFP SOUTH KORbA has agreed to buy enriched uranium from the Soviet Union at much less than it pays to sellers like the United States, France and Australia, an Energy Resources Ministry spokesman said on Tuesday. The import of uranium from the Soviet Union,AFP - 243 words
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Article107 1990-03-08 22 AFP THE six members of the Gulf Cooperation Council are to produce lead-free petrol by 1995 in a move to protect vital oil exports against global environmentalist pressures, officials said in Abu Dhabi on Tuesday, the second day of a meeting on refining cooperation amongAFP - 107 words
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850 1990-03-08 22 REPORTS TIN TIN prices on the Kuala Lumpur Tin Market gained eight cents to close at 17.09 ringgit a kg yesterday mainly on short-covering. Turnover rose to the year's high of 167 tonnes against 155 tonnes on Tuesday as miners took advantage of the heavy850 words
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Article1472 1990-03-08 22 Rubber MS (I* In >■!») S cents/kg Noon Close Inl I RSS Prompt 158.50/159 50N 159 00/***** Inl I RSS Apr 90 161.25/161 75 I6I.7VI62.25 Int I RSS May I63.2VI6J.75 163 7VI64 25 Int 2 RSS OP 154 75/156 75N 154.75/156 75N Int 3 RSS OP 149.25/151.25N 149 25/I5I.25N1,472 words
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Page 22 Advertisements
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Advertisement515 1990-03-08 22 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP S# AND IN THE MATTER OF MUN LOONG A CO (1*8) PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (psrsaant to Section 2tt) At an extraordinary general meeting of the members of the above-named Company, duly convened and held515 words
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Advertisement337 1990-03-08 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TECHNOMER MOULDINGS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the member* of the abovenamed company duly convened and held at 16, Raffle# Quay #22 00 Hong Leong Building,337 words
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Advertisement15 1990-03-08 22 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times15 words
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THE TRAVEL PAGE
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Article1008 1990-03-08 23 City Flight ETA Flight ETD I. Abu Dhabi GA975 1135 GA894 2335 Adelaide SQ228 1905 QF82 2200 QF81 2045 Amsterdam SQ23 0755 SQ24 2750 GA975 1135 GA894 2335 Athens 0A472 CH30 SQ32 2230 Auckland 6A11 SQ325 2115 BA11 1325 QF5 2230 Balikpapan GA525/ 1755 910 B1,008 words
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Article, Illustration578 1990-03-08 23 Sanjoy Hazarika - LETTER FROM KASHMIR By Sanjoy Hazarika THE tourism industry in the state of Jammu and Kashmir one of the best-known travel destinations in Asia for Himalayan treks and climbs and vacations in houseboats is likely to be crippled this summer unless anti-India agitation eases. "Tourism is578 words
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Article157 1990-03-08 23 Rates as at 3pm yesterday: Ixxral dollars to one unit of foreign currenc) Currencies Bid Offer Australian dollar 1.4110 1.4310 Canadian dollar 1.5630 1.5830 NZ dollar ***** 1.1300 Sterling pound 3.0630 3.0830 US dollar 1.8700 1 8800 Ixxal dollars to 100 units of foreign currenc) Austrian schilling157 words
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Article97 1990-03-08 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Mar 9-19 Nice Nice Foire (33)*****101 Mar 11-15 Agriculture. Riyadh Riyadh (966)I/*****4S International Inteftiationale Irrigation Exhibitions Fair de Nice Agri-Industry Show Mar 10-18 International Munich GHM Gesellsctiaft (49)89/***** Mar 7 20 nternatlona i Paris Comite Des (33)1/*****00097 words
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Page 23 Advertisements
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Advertisement54 1990-03-08 23 V A T Ac kmim m I M I llwiTufay. Siturdav and Surxiav Leaving (hangi I I I I II I Airport it 21:5S hour* anil arming at login W M i J I M I International Airport the followingdav. Call your travel aytnt or Air at 712 ft 5554 words
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Advertisement104 1990-03-08 23 jH M§ -B Jfflfl V 1 V I 'v; I 1 H 1 i I If you enjoy Beijing cuisine, you've probably heard of Smoked Prawns, Crispy Shark's Fin Soup with minced Chicken and Baked Tench. Now you can enjoy them and more atotft Beijing Buffet spread. BEIIING BUFFET LUNCH104 words
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Page 23 Miscellaneous
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Miscellaneous222 1990-03-08 23 8 Tailless animal in covered 9 Reverse, a girl's best 10 Dogs or badgers? (6) 1 11 11 A small container for a large sum of money! (6) f .~T< can't contain cry of pain |qT 20 Looks vacant, as docs the vj- v astronaut (6,4,5) Bay —1| was funny222 words
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Miscellaneous230 1990-03-08 23 Singapore OUTLOOK: Showers over several areas in the late morning and early afternoon. Report for 24 hours prior to 7.30pm on Mar 7 at the airport: Max temp.— 30.7 Assoc humidity......—....— 67 Min temp 26.2 Assoc humidity... 8$ Hrs of sunshine 0.00 Rainfall in mm Trace Rainfall this mth Trace230 words
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Miscellaneous28 1990-03-08 23 25EE23SSEH FUDGC... V r D L(<e > BCtSTboJ- Ger ON TO GUM CeßJfsiNlf m*. PtJDS€...I PS Tpftfsjsc>r© F\ND CUPtS£ UPT^V? ,GH T^LOP> V CALL. iT*NO««O CO ITO. IHI- 9Qt^28 words
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Article, Illustration172 1990-03-08 24 AFP INDONESIA recorded a U*****.1 million trade surplus in December 1989, Information Minister Harmoko said yesterday. Exports came to U552,143 billion while imports cost U551,572 billion, Mr Harmoko said after a monthly Cabinet meeting in Jakarta on the economy. Oil and gas, Indonesia's largestAFP - 172 words
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285 1990-03-08 24 AFP MALAYSIA and Singapore yesterday agreed to step up their dialogue to ensure that bilateral differences do not become full-blown controversies, Malaysia's Deputy Foreign Minister Datuk Dr Abdullah Fadzil Che Wan said. He said the understanding had been reached during talks in KualaAFP - 285 words
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Article507 1990-03-08 24 Catherine Ong - By Catherine Ong Hongkong Correspondent WITH THE lowest economic growth in the region of 2.5 per cent last year, Hongkong yesterday unveiled a sober Budget that sought higher public spending, increases in consumer taxes and sharply lower overall surplus. Higher taxes on property, betting, luxury goods,507 words
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326 1990-03-08 24 Bernama THE PROPOSED Bakun hydro-clectricity project in Sarawak is to be revived. Energy, Telecommunications and Posts Minister Datuk Seri S Samy Vellu said yesterday. The ministry was conducting a feasibility study on the revival of the project following a cabinet decision a fewBernama - 326 words
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Article546 1990-03-08 24 AMY BALAN - The Bottom Line AMY BALAN Amy Balan is a correspondent on BT's Companies Desk IS the Monetary Authority of Singapore protecting the local property market or the local currency by making it difficult for foreign buyers to borrow Singapore dollars to pay for their property purchases? To546 words
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311 1990-03-08 24 AFP Reuter CHINA'S leading economic newspaper ran a front-page appeal on Tuesday for more consumer spending, four days after Premier Li Peng signalled the easing of an eight-month-old national austerity drive. "Undertaking austerity means controlling capital construction and collective purchasing power," the Economic DailyAFP; Reuter - 311 words
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297 1990-03-08 24 Reuter VITALY Khokhlov, chairman of the Soviet Bloc's central clearing bank, flew into Seoul last week with a blank slate and left yesterday with a suitcase full of business ideas. At the end of his two-day visit, Mr Khokhlov said his mindReuter - 297 words
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Page 24 Advertisements
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Advertisement76 1990-03-08 24 HBBSBKk^SH as th 6ERRUTIIBBIITUM39 MEN'S BOUTIQUES 83UQITUO0 B'HHM #01-15 The Paragon, Orchard Road Tel: 255 9655 #02-54/60 Wisma Atria. Orchard Road Tel: 7 H 9560. #01-45 Forum Gallena, Orchard Road Tel: 73 J 1882 LADIES* BOUTIQUE 3UQITUOB '83iaAJ #02-61 Wisma Atria, Orchard Road Tel: 7ii 1886 CERRUTI 1881 CORNERS IN76 words
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Advertisement78 1990-03-08 24 HSSSEKk^HH W- fsJBBMj--, fzmM Dive Adventure MICRONESIA Stay on board your floating hotel the 3 S THORFINN 1 70 cruise ship 7 DAYS tor US$l4OO 00 PRICE INCLUDES: All Meals (plus *me with dinners) UNLIMITED DIVING at wrecks plus Night Dives We provide TANKS WEIGHTS DIVE PERMITS A Experienced Guides78 words
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SHIPPING TIMES
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PORT SIDES
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74 1990-03-08 25 AFP JAPAN S MITSUBISHI HEAVY INDUSTRIES Ltd said on Tuesday it had received an order from Denmark's Odense Steel Shipyard Ltd to build five marine diesel engines for an undisclosed sum. The eight-cylinder engines will be used to power five very large crude carriersAFP - 74 words
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75 1990-03-08 25 Reuter CSX CORP ANNOUNCED a new railroad freight car rpgnagement programme designed to improve the way the company delivers rail cars to its customers for loading. The system will ask CSX customers to forecast car orders for one to two weeks ahead, and allow CSXReuter - 75 words
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89 1990-03-08 25 Reuter SPANISH FISHERMEN, blockading the port of Algeciras for the sixth consecutive day, allowed one daily return trip of a ferry boat across the Straits of Gibraltar to relieve hundreds of stranded passengers. The fisher.men, angered by a 10-fold increase in fines imposed by MoroccoReuter - 89 words
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36 1990-03-08 25 Reuter THE MALAYSIAN TANKER Pernas Duyong, 80,954 dwt, is undergoing permanent repairs at Singapore, where it suffered a pump-room explosion and fire on Sunday, Lloyds Shipping Intelligence Service said. ReuterReuter - 36 words
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74 1990-03-08 25 Reuter SHIPPING COMPANY DFDS A/S said group net profit rose to 189 million crowns in 1989 from 182 million in 1988. This was helped by an extraordinary gain of 131 million, due mainly to the sale of the ship Dana Regina, against 28 millionReuter - 74 words
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Article60 1990-03-08 25 Reuter COFFEE SHIPMENTS by International Coffee Organisation (ICO) exporting members to all destinations totalled 6.4 million 60-kg bags in January, up from 5.9 million a year ago, preliminary ICO data showed. This was the highest January total for the six years documented and reflected higherReuter - 60 words
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Article50 1990-03-08 25 AFP THE WORLD'S BIGGEST ICEBREAKER, the nuclearpowered Soviet vessel Rossiya, will play host to the jet set in an unprecedented luxury cruise scheduled for July 30 to August 15. The Polar Schiffahrts-Consulting GmbH, Hamburg, is charging 35,000 Deutschemarks per person for the two-week cruise. AFPAFP - 50 words
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342 1990-03-08 25 Reuter STATE-OWNED Yangming Marine Corp, Taiwan's flagcarrier, is planning to go public this year in an effort to improve management and efficiency. Yangming president Chen Ting-hui said the company had sent a proposal to the Ministry of Communications under which 49 million shares,Reuter - 342 words
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271 1990-03-08 25 THE PORT Authority of Thailand has abandoned a plan to make shipping lines or their agents pay for the handling of less-than-container load (LCL) export cargoes. Shippers will therefore have to absorb the LCL cost. The Nation271 words
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162 1990-03-08 25 AP FIREFIGHTERS put out a blaze aboard the US-flagged Kuwaiti tanker Surf City on Tuesday after a 12-day battle against the flames, the owners said. A February 22 blast aboard the 81.283-ton oil products tanker, one of the 11 tankers thatAP - 162 words
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Article933 1990-03-08 25 ABC Containerline Thirteen 5 Accord Shpg Tan 3-5 Albotros Sea-Air Sevan 5 A PC tin* Seven 5 API five 3-5 AFS Thirteen 3 Arrow lines Nine 5 Asion E»press Si* 4/5 ANl Three 1/2 ASCI Five I Avant Shpg line Six 2/3 Bolt Canada line Eleven 4/5933 words
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274 1990-03-08 25 RAHITA ELIAS - By RAHITA ELIAS THE DECLINE in the ea;tbound trans-Pacific trace has been halted but the carriers' revenue levels "remain far short of providing reasonable rates of return on their enormous investments", say senior line officials. "The destructive freight service274 words
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228 1990-03-08 25 JEAN FOONG - By JEAN FOONG SEVERAL members of the Far Eastern Freight Conference took time in Singapore on Tuesday to continue their dialogue on the Far EastEurope trade with the major outsiders On the same day as a meeting among members of the Trans-Pacific Stabilisation Agreement228 words
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235 1990-03-08 25 AL O LABITA - By AL O LABITA THE PHILIPPINES' build-operate-transfer (BOT) scheme for port infrastructure projects has drawn bids from major domestic and foreign business groups The latest proposal is from the Tan Yu Group of Companies, a Taiwanesebacked conglomerate constructing in Manila what is billed235 words
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1504 1990-03-08 26 PETER GASKELL - Containership charter rates have recovered dramatically in the last couple of years. But can they go up even further? PETER GASKELL talks to bulls and bears. PETER GASKELL Seatrade Business Review ANGLO-GERMAN differences on the future of containership charter rates mirrorSeatrade Business Review - 1,504 words
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Ships in Port
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Article1887 1990-03-08 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Alto Bhum I0S *****0 1500 06/1430 06/1529 Portnet 2 E2 00 fOS 09/0500 09/0659 NA 2 AlShomwh 70A *****0 0700 06/1800 06/1659 Portnet 2 N5 001,887 words
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Article286 1990-03-08 26 Port Kelang South Port Tenyaku berth 1; Santi berth 2; Melaka Jaya berth 3; Likas Venture berth 4; Pernas Safari berth 7A; ;•:> Eagle Dawn berth 8; Jutlandia berth 10 North Port Yi Yang berth 11; Taolin berth 12; Pan Riser- berth 13; Ribuan Jaya berth 17; Kin Line286 words
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Article1048 1990-03-08 27 CHARTERING conditions on the dry cargo freight market were fairly quiet in most sectors on Tuesday, and grain rates for business out of the US continued to hold steady to slightly firmer, brokers said Grain was fixed from the US North Pacific to Japan at a higher US$l7,1,048 words
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9809 1990-03-08 32 AARHUS Kasuga 1. Trtot. March 8. Ever Qumi, Evergreen March 8 Arthur Maarak. Maarak Line. March 8. Liverpool Bay. Trtot. March 9(PK). Ming Energy. Vang Ming Una. March 10. Noraaia Princaaa. Noraala/SeaLand. March 11. Villa da Vanua. CM 0 Attretement. March 11.9,809 words
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375 1990-03-08 38 AUSTRALIAN international shipping and transport operator, ANL Limited, has reported a consolidated pre-tax profit, after minority interests, to December 1989 of A 59.7 million in its first six months of operation. The managing director of ANL Limited, John Bicknell, said the result was375 words
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307 1990-03-08 38 Reuter FINLAND'S Oy Wartsila Ab's 1989 profits were cut by 854 million markka in write-offs and provisions after the collapse of Wartsila Marine Industries Inc, in which it once held 70 per cent. In a statement, Wartsila said its 1989 group loss afterReuter - 307 words
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438 1990-03-08 38 Reuter THE FEEDGRAINS COUNCIL said it is working on a plan with the USSR that could result in more orderly future purchases of US feedgrains to prevent logistical problems from recurring at Soviet Baltic ports. Discussions are being held with Exportkhleb,Reuter - 438 words
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129 1990-03-08 38 Reuter EXPERTS meeting in Doha discussed oil tanker safety and ways to prevent sea pollution, the Qatar News Agency (QNA) said. The agency, monitored in Cyprus, said the International Maritime Organisation for Petroleum Companies conference. organised by the Qatar General Petroleum Organisation, touched onReuter - 129 words
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Article798 1990-03-08 38 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the798 words
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Page 25 Advertisements
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Advertisement29 1990-03-08 25 IMWS d h M||||||||| —Available at all good bookshops mmmmg ggmg^ggg^| Ftdoil Publication* For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD29 words
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Advertisement19 1990-03-08 25 Lines and services represented by AytfllfcvSN Members of the Registry of Accredited Shipping Agents. Singapore National f/cl Shipping Association.19 words
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Advertisement383 1990-03-08 25 How to look after Aoailabia m**Uff at major STP Distributors bookshops and news-stands INSIDE Containership charter rates CONTAINERSHIP charter rates have recovered dramatically in the last couple of years. But can they go up even further? Page Two Profit for ANL AUSTRALIAN international shipping and transport operator, ANL Limited, has383 words
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Page 26 Advertisements
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Advertisement80 1990-03-08 26 NOTICE FAR EASTERN FREIGHT CONFERENCE SARAH, RRIINEI AND SARAWAK FRBGHT CONFERENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted port and have reported and agreed on the following:Skikda Congestion surcharge of 10% to be reduced to 5%80 words
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Advertisement161 1990-03-08 26 TO ALL OUR VALUED CUSTOMERS RIIS Shipping A/S Svendborg is a very specialised carrier for class one and any project cargoes. Having a total of 6 self-substained vessel (average, two years old each vessel). We can accept cargo to almost any destinations. For more details, please feel free to contact:Mr.161 words
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Advertisement139 1990-03-08 26 I A reputable International Shipping Croup with office in H Singapore has vacancy for the following position:- I TECHNICAL STAFF I Marine Engineer aged between 25 to 35 years with ready H I outport mobility. H I Holder of DOT (2nd Class) or equivalent professional I qualification preferably with steam139 words
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Page 27 Advertisements
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Advertisement2310 1990-03-08 27 %«ll*# 200 Cantonment Road #12 05 Southpomt. Singapore 0201 All IF# Tel *****11 TELEX NO RS BnilllW TERMINAL,CFS TO *****18 220 rpVfnj BOOKINGS Tel *****34 235 A PESAKA JAROINE SHIPPING AGENCIES SON BHD. PORT KELANG TEL *****18 NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 Df Ji<.:rtt*!cl2,310 words
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Advertisement2238 1990-03-08 27 Vessel Voy ETA I ETO "Port 'Penang DESTINATIONS Singapore KMng Th* wit L«e« M 9004 Fmur t>y 14/vw 0400 MRS M Farco CfS IVMO taoo M«S M Taoro OAK LOB HOU MEM ATL MIA CMS BAL PHL NYC MOW TOfl LEXA M 9004 14/3 15/3 8/3 10/3 31/3 2/4 5/42,238 words
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Page 28 Advertisements
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Advertisement1112 1990-03-08 28 1 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE A<tlinA 08/527 8/3 2/4 27/3 20/3 26/3 I' 4 LIVERPOOL BAY 97/528 9/3 10/3 29/3 3V3 2/4 3/4 V 4 SIS Jv3 3S 2/4 ,<V4 BEN ALDER 94/534 21/3 23/3 10/4 12/4 14/4 15/4 17/4 wiiBAUA1,112 words
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Advertisement638 1990-03-08 28 SOUTH PACIFIC SERVICE SIN ROM lAE SUV PPT TBN 26/3 4/4 7/4 14/4 20/4 niRECT CHILE SERVICE SIN IQQ ANF VAP THO TBN 26/3 2/5 4/5 7/5 10/5 VPENANG JOHO»E: 07 2326.2^ NORTHBOUND TO UKC SPORE RDM/AO AM HBG HULL (U.K.) IVYBANK V*N 19/3 14/4 19/4 23/4 TAUSALA SAMOA V.1711638 words
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Advertisement1417 1990-03-08 28 B9MIMIASISI REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE iuA VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) NAM) Ml) NORASIA PRINCESS 9001-3 11/03 15/03 27/03 31/03 04/02 05/04 07/04 01/04 09/04 10<M 1104 NORTH SEA 002W 16/03 20/03 02/04 07/04 09/041,417 words
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Page 29 Advertisements
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Advertisement1581 1990-03-08 29 Steamers Maritime Holdings Ltd y P&O ffflV STRAITS SHIPPING Containers £*g ja S port P Klanf S ton H burg B haven R dam Left KASUGA 1 DM3 B« M IW ACC[pTS ca ,CO out S^LS LIVERPOOL BAY OMB IMB 27T0 21/03 31.48 01,« (XMK C ~T. BONN EXPRESS 14/031,581 words
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Advertisement1882 1990-03-08 29 TO: EUROPE TO: FAR EAST Sf> IN RDM HAH BRE FIX SPORE HK RAO BU MANJIN LEHAVRE OOSW 10(3 21/3 2»/3 M/ 3 1/4 2/4 HANJIN OAKLANO 12/3 15/3 lt/3 22/3 HANJIN HASAN OS3W 17/3 4/4 5/4 t/4 1/4 %l* CHOYANG SUCCESS 007E 19(3 22/3 23/3 2»/2 CHOYANG PARK 007W1,882 words
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Advertisement329 1990-03-08 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI CEDAR ASIAN KOCHI TREE STAR VOY NO 78 5 111 Spore 10/3 16/3 18/3 P Kelang 11/3 21/3 Penang Hong Kong Yokohama 2/4 6/4 9/4 Nagoya 30/3 4/4 7/4 Osaka 5/4 Senboku 2/4 Kashima Funabashi 'For Discharging Only MOTE:329 words
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Page 30 Advertisements
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Advertisement605 1990-03-08 30 w apHHMfBHPpfIPOTnpVHB <o if»ail IRANIAN SERVICE Singapore Loading for IRAN TEYFOURI 15/3 Banda Abbas IRAN SOKAN 26/3 Banda Abbas (National Line Of Mexico) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG L 8 ENSfNAOA I CAROtNAS S CRUZ MAN2ANIUO MOREIOS V-fll 27/2 22/3 m 2tjl »3 I* CCH.IMA V-24 WWW W605 words
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Advertisement811 1990-03-08 30 Gtl HANJIN SHIPPING Yy FULL CONTAINER SERVICE it«..«»» ■gf-g" i£ s"?£'s a HANJIN FELIXSTOWE 001# 17/3 4/4 VJ JjJ gj 4 HANJIN TONCMAi W2l M N tUSAN 09K »4 at* CHOtANG CHANCE 007* I 2*/3 I 11/4 12/4 U/4 15/4 IW HANJIN OAKLAND 007* 31/3 11/4 19/4 20/4 22/4 73/4811 words
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Advertisement68 1990-03-08 30 [r B= 3HF SOON KIAT SHIPPING PTE LTD 3 SHENTON WAY #20-051)6 SHENTON HOUSE REGULAR SERVICE TO E. M'SIA SPORE M < MUju Yong Hua 05/90 Bintulu/Whri/K Belait 17/03 v Sri Pujut 04/90 Bintulu/Miri.K Bel Jit 09/03 Swee Ann Satu 02!% Port Kelanj 17/83 *20 torn "30 tons heavy lift68 words
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Advertisement1429 1990-03-08 30 B f r 1 1 —I rm SCP HKC KSC KLC PUS MKT OSK TTO OAL LNV ANW ROM ax MBG scp I EVE* GUARD iw W 2(1 W W W W V* W *5 Ug «g g EVER GIANT n/1 w H> W 2/4 (KldlltWliliWtfliWVUJl EVER GENTRY Wi M/1,429 words
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Advertisement1223 1990-03-08 31 5552? PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSS* K fIHV p,l Building, 140 Cecil Street WXMJO, Singapore 0106. I JAKARTA I I BANGKOK I s; mi I r OMM ir z! HIS SEA PEARL 02NB 12/3 14/3 17/3 j*°f. jJJ JJJ GOWA 5758 13/3 15/3 KOTA S,NQA 03N 12/3 15/3 1W1,223 words
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Advertisement698 1990-03-08 31 EXPRESS CONTAINER SERVICE TO UK/CONTINENT SP m STON HAM B HAVEN ROAM HAVM ii.«>p>o> b, w un vn m jw v* raw* i i/j 21* vn an an u* Bonn Eiprtu 14/1 15/3 WW 7/4 WW IVI WWW WW Bttuid*' 21/3 on 1W 12/4 IW 1W wn Kurjmi an iw698 words
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Advertisement488 1990-03-08 31 DJASAQETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. ffSURI LLOYB P.T. SAMUDEM IROONESIA P.T. TMKORA LLOYD CR NBR 11(*****000-0 EXPRESS SEMI-CONTAINERSNIP SERVICE VSL/VOY S PORE DAM H'tUK BREMEN ANTWERP A OAM LJ. BONTANC/70*! IM-Zl/3 7*4 24/4 IV4 24/4 KUTAI/19M 27 3*3 21/4 2»4 1/i M 1 PANJANC/7SWB 18-14,4488 words
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Advertisement516 1990-03-08 31 HOIWAWrw H H 1 M MYANMA P& FIVE STAR UNE i (Burmese National Line) Loading for Yangon (Rangoon) S'pore P Kelang Penang Bangkok MYOMACWA V/ 124 i/tl MAR NPA-AN/VU7V 11/15 MAR HTONEYWA V7SJW IN PT/M MAR MfiM V/ISIM 13/15 MAR MERGUI VMI 20/27 MAR PATHEIN V ion* 24/31 MAR qR516 words
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Page 32 Advertisements
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Advertisement343 1990-03-08 32 f WEEKLY STRAITS/MADRAS CONTAINER SERVICE //ST// I DAILY LCL RECEIVING AT OWN CFS I 7 I PENANG VESSEL P.KELANG SPORE PK MADRAS .(FEEDER) A/«Aa laic 27/2 MELITA 9005 In Pt 9/3 10/3 15/3 7MA CO LINE 9/3 LEUVE 9120 13/3 23/3 16/3 MELITA V 9006 21/3 22/3 23/3 29/3 BOOKING:343 words
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Advertisement356 1990-03-08 32 /Hyundai! MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC IBM OAK SEA FROM PSW IBM OAK SEA HKG SIN LALANOIA 30E 09/03 IMB 0204 05/04 OMH HYUNDAI COMMANDER 14W 05/02 0102 1102 01/03 0803 HYUNDAI CHALLENGER 32E IMB 22/03 0904 1204 15/04 HYUNDAI PIONEER356 words
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Advertisement100 1990-03-08 32 CROWN&RACIFIC FREIGHT PTE LTD LCL CONSOLIDATION SERVICE Ml etd sin SEATTLE 16/3 PORTLAND 16/3 SAN FRANCISCO 16/3 LOS ANGELES 16/3 SAN DIEGO 16/3 OTHER 16/3 EUROPE/UK ROTTERDAM 17/3 HAMBURG 17/3 BREMEN 17/3 LE HAVRE 17/3 ANTWERP 17/3 FELIXSTOWE 17/3 OTHER 17/3 CCNI# tompariia Chilena de Navegacion Inierocranica S.A. TO SOUTH100 words
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Advertisement850 1990-03-08 33 y ■pc= Inter Con m ami i n ri> mjr EEKLY FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —18/3 TOKYO —15/3 LE HAVRE —19/3 LAUTOKA —16/3 KEELUNG —18/3 YOKOHAMA —15/3 ROTTERDAM —19/3 SUVA —16/3 MANILA —16/3 KOBE —15/3 UK PORTS —19/3 BANGKOK —18/3 AUSTRALIA HAMBURG —19/3 BUSAN —15/3850 words
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Advertisement771 1990-03-08 33 jjTNedlloyd WE GIVE YOU THE WORLD Nedlloyd Lines yjUPJIy EXPORT I IMPORT NEW ZEALAND/FIJI I VESSEL I ikt PKg *Pw -Bhh Sin Sbayi Auckland fiji(A) N Plymouth(A) Ttnuru Lytte»ton<B) Dunedin<B) Napier «Wlinfton(C) T»urjnf» N RosaricSOM 14/3 171 14/3 14/3 W 21/3 3/4 10/4 5/4 5/4 W 6/4 8/4 10/4 WJ771 words
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Advertisement1146 1990-03-08 34 ro§c icu VOY *INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX OOCL FORTUNE 19 5/3 6/3 8/3 31/3 10/4 12/4 14/4 18/4 BRIDGE 27 12/3 13/3 15/3 7/4 17/4 19/4 21/4 25/4 NEPTUNE GARNET 23 19/3 20/3 22/3 14/4 24/4 26/4 28/4 2 5 OOCL FAIR 19 26/3 27/3 29/31,146 words
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Advertisement705 1990-03-08 34 I. < 10AV > ♦(1 DAY) MIOAY, I rCM R,ST,NE/ 12/03/90 PORT KELANG PENANG BANGKOK VICTOR TWICE/WKLY BOOKING CONTACT w r T n CIN 13 DAYS) ♦(2 DAYS) ♦(1 DAY) 10/03/90 HONGKONG KAOHSIUNG KEELUNG JOYCE/JUDY —A. TWICE/WKLY -TrTTT. (6DAYS) MIDAY, (4 DAYS) BOOJNGCONTAa 11/03/90 BUSAN MANILA NAGOYA SERENE/SITI TWICE/WKLY BOOKING705 words
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Advertisement282 1990-03-08 34 Continental Pacific Shipping r 'J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR MARIA K Sid Sid SW SETEjRDHANT,FLU UK TAIPAN In Pt 12/3 ROM/ANT/FLU/UK ARTEMISION In Pt SETE/fDM/ANTfFLU/UK Loads Sabati Indonesia MULTIPORT AGENCIES (S) (\t\ PTE. LTD. I W TEL: *****77 FAX: *****31 Vlxl/ PK MULTIPOINT282 words
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Advertisement667 1990-03-08 34 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD W 23. Tel ok Ayer Street SINGAPORE 01M 1 TEL: *****88 (10 LINES) Fu *****04 STRAITS/PERSIAN GULF SERVICE: S'pore P Keiant Penant GOLDEN HARVEST Cotonbo'KvadN.Ouu. 14/16 Mar GOLDEN WONDER Colombo. Kancfe/Out* 24/28 Mar CHINA SERVICE A VESSEL Hu>rt(puShanfta lilt liar BAI TUN SHAN667 words
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Advertisement1761 1990-03-08 35 J NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 USA *****16, FAR EAST *****48 mm m Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L. *****33, P.Kelang *****87, Penang *****0, J.Bahru *****3, *****4 IIDRVHUVOY PKN PKG S(iP1,761 words
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Advertisement1271 1990-03-08 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** HMANC KELAHC MISSUS MAI TNOMC SMIPfING 12/ PwwwStr*t, Pew* Mjtoyw "j* HAWOny SYSTEM COSOfI »HD ss sstmasSurss1,271 words
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Advertisement751 1990-03-08 36 r INLb^^ 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 ARNSTAOT 1/90 17/5T 09/04 09/04 U/04 13/04 H. CEGIELSKI 7W 23/03 06/04 15/04 15/04 17/04 19/04 E. THAELMANN 2/90 04/04 11/04 27/04 27/04751 words
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Advertisement1188 1990-03-08 36 XJKC CONVENTIONAL MK»YIC« Vataal P KLC PNG PC Loading for PING AN CHENG 25/2 Rottartom/Antwarp HANCHUAN 2/3 Rottartam/Anfwarp CHINA rou CONTAPOM MM VIOL Vaual PKLC PNG SPORE BKK HKG SHAI Q'OAO VANG FANG KOU V *****/2 25/2 3/3 1/3 14/3 Ml HE 41 m 22/2 26/2 5/3 4/3 Acttptinf FCL1,188 words
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Advertisement256 1990-03-08 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 10.3.90 11.3.90 PANJANG/PK BALAM NAGA JAYA In Port 103.90 PANJANG LAMPUNG JAYA 15.390 16.3.90 SEMARANG/PANJANG PINANG JAYA In Port 10.3.90 PANJANG/PK. BALAM PERITA JAYA 10.3.90 11.390 PANJANG/JAKARTA ABADI JAYA 14.390 15.3.90 PANJANG256 words
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Advertisement554 1990-03-08 36 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :16/03, 22/03, 29/03, 4/4 I EUROPE ~l :To all inland points: VIA VOSTOCHNY Poland,554 words
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Advertisement517 1990-03-08 36 ASEAN PORTS Ngow Hock Agency Co Lid BKK (Tel: *****80) jvcm |voy MWWOW ifcJWKOH PIYA BHUM 215N In Pt 7/3 Sat 10/3 JgjUWK 145* Fri Tw 1M DCJA BHUM 05N Won 12/3 Thur IV3 SIR! BHUM *39H Tut 13/3 Fri Ig PIYA BHUM 21tN Wx) 14/3 S<t 17/1 JBjUOjK 14tN517 words
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Advertisement1115 1990-03-08 37 ifSHMRSife VESSEL VOY SINGAPORE KHF/DUBAI JEDDAH LANKA SRIMANI 75W 8/3 24/3 31/3 LANKA RUWAN 4W 26/3 8/4 16/4 LANKA SRIMATHI 74W 11/4 23/4 3/5 ALSO ACCEPTING CARGO (FCL/LCL) FOR: A) INDIAN PORTS MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY B) ARABIAN GULF PORTS SHARJAH; DUBAI: BAHRAIN; DAMMAM; KUWAIT; MUSCAT C) RED SEA1,115 words
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Advertisement230 1990-03-08 37 ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANDINET 19we 1 ft/04 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOPE 10AH ABBAY WONZ 24W8 'VOS OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOPE ID AH lEN HUWG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO230 words
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Advertisement599 1990-03-08 37 tej-P.T. MASKAPAI PELAYARAN PapuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG. PNG AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ599 words
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Advertisement729 1990-03-08 37 rrm MADRAS CALCUTTA KSSEH WT SIN MM CCU BBT MO JI 18W SID 20/3 VEGA UA 10/3 24/3 TIGER RIVER KCNB 11/3 17/3 ILOVIK 102N 11/3 18/3 P. STAROSTIN *****0 13/3 20/3 lEUVE 9120 13/3 21/3 EAGLE CLOUD V2I 15/3 25/3 OCEAN STRENGTH 21A 17/3 31/3 SUSAK IQ3N 17/3 24/3729 words
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Advertisement348 1990-03-08 37 TO AUSTRALIA/NEW ZEALAND t HUM ?43 vH m JM ti* a* a»ussu ms 1m nii aii ys h iw c. wrou* m 1m m v? UA njs ANTWMPIN M 7 MA MS B/S vH U» Alio xccptinf urgo to:AUSTRALIA -M.uk* Bntbane NEW ZEALAND -Hellmjton. Naper Chrittehurth TO USA/CANADA «L IN348 words
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Advertisement1188 1990-03-08 38 iFMtar from PHCIPKL iHotlMr VM SIN I LAX |OAK |HOU |OAL ICHI/ I NOR I MEM I NYC I OUR NEW USA SERVICE CALLS BUNGA BUTANG VQ4 3/3 ALLIGATOR SYMPHONY ***** 12/3 31/3 3/4 V* 3/4 *i* 4/4 4/4 W SINGAPORE bunga butang V a m alligator triumph V Ig»1,188 words
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Page 38 Miscellaneous
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Miscellaneous150 1990-03-08 38 III2OE [Regional Weather Sis 10S lIICE OS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 8. LEGEND J? Tl Temperoture r un ers orm Weather Wmd direction with speed in knots Shower Ra,n Wave height Cloudy Sky Surfoce winds ore indicated by arrows which fly with the wind150 words
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