The Business Times, 8 March 1990

Total Pages: 38
1 38 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Thursday March 8 1990 75*
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  • NEWS SUMMARY
    • 61 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 Iranian
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    • 34 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.
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    • 34 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 2
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    • 20 1 ELECTRONICS companies in the US are shifting more and more of their operations to Malaysia Page 8
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    • 22 1 JAPAN'S acute labour shortage is not a temporary phenomenon but a long-term structural issue, says a study Page 9
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    • 35 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 15
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    • 39 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 One
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  • MARKETS SUMMARY
    • 28 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.
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    • 22 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.
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    • 30 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 3
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    • 29 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 6
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    • 37 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 7
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    • Article, Illustration
      29 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 -14.5
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    • 21 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% +1/16
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    • 24 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 +0.8
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  • 459 1  -  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 margins
    Source: MAS  -  459 words
  • 38 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.
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  • 403 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 the
    Reuter  -  403 words
  • 176 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 shares
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  • 518 1  -  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 their
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  • 149 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.
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  • Page 1 Advertisements
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    • 5 1 US dollar volatile. Pg 21
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  • HOME NEWS
    • NEWS ROUNDUP
      • 118 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 to
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      • 95 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 with
        95 words
      • 58 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 time
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      • 92 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 Digital
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      • 127 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 version
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    • 275 2  -  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 3.8
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    • 149 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 the
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    • 215 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 to
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    • 318 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 understood
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    • 196 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.
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 269 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 2643.56
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    • COMPANY BRIEFS
      • 101 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 areas
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      • 92 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 regard
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      • 66 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 the
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      • 74 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 at
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    • 235 3  -  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 of
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    • 383 3  -  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. Its
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    • 554 3  -  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 the
      554 words
    • 355 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, will
      MBT  -  355 words
    • 167 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 possibility
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    • 250 3  -  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 trading
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  • REGIONAL COMPANY NEWS
    • 186 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 Property
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    • 97 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 of
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    • 462 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 before
      AFP  -  462 words
    • 385 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 was
      Bernama  -  385 words
    • 281 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 now
      Bernama  -  281 words
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  • Page 5 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • 95 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) 400.700
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    • 322 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 said
      AFP  -  322 words
    • 231 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 a
      Reuter  -  231 words
    • 452 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
    • 344 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 microchips
      Reuter  -  344 words
    • COMPANY BRIEFS
      • 103 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.
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      • 87 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 a
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      • 91 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.
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      • 103 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 interim
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  • Page 6 Advertisements
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      556 words

  • FINANCIAL NEWS
    • 313 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 for
      Reuter  -  313 words
    • 169 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 the
      AFP  -  169 words
    • 323 7  -  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 and
      323 words
    • 322 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 of
      Reuter  -  322 words
    • 290 7 Reuter THE EUROBOND market focused on the new US$l.5 billion issue by Italy, officially launched on Tuesday. The bond was given a cool reception despite slightly more generous terms than initially announced, dealers said. The seven-year deal was launched at a spread of 571/2
      Reuter  -  290 words
    • SMALL CHANGE
      • 84 7 JARDEN Morgan Ltd said its Toronto-based Deak International Inc had sold its British foreign exchange and precious metals retail operations to Thomas Cook Group Ltd, a unit of Midland Bank pic. It had also conditionally agreed to sell its North American
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      • 68 7 THE Bank of Japan will begin study next week on the advisability of raising the official discount rate from the current 4.25 per cent to 5.0 per cent, Jiji Press reported yesterday. Quoting a central bank source, the press said the study would get under
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      • 55 7 The Securities and Exchange Commission is planning to play big brother to the emerging market economies of Eastern Europe. "The SECs expertise in this area hopefully can assist in a successful transition to efficient private capital markets with necessary oversight and supervision," SEC chairmarf
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      • 60 7 A NEW loan, expected to be in the range of US$ 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 of
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      • 71 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 of
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  • Page 7 Advertisements
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      255 words
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  • Page 7 Miscellaneous

  • THE REGION
    • NOTE BOOK
      • 87 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 where
        AFP  -  87 words
      • 78 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 based
        AFP  -  78 words
      • 75 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 in
        Bernama  -  75 words
      • 83 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 that
        Bernama  -  83 words
      • 84 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 defence
        AP  -  84 words
      • 80 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 Morgan
        Reuter  -  80 words
    • 293 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 companies
      AFP  -  293 words
    • 221 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 which
      221 words
    • 160 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 currently
      AFP  -  160 words
    • 237 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 said
      Bernama  -  237 words
    • 155 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 a
      Bernama  -  155 words
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  • THE WORLD 1
    • 423 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 George
      AFP  -  423 words
    • 329 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 of
      AFP  -  329 words
    • 314 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, warns
      AFP  -  314 words
    • 292 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 executive
      AFP  -  292 words
    • 168 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 prime
      AFP  -  168 words
    • WORLD WATCH
      • 61 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 competition
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      • 62 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 sixth
        62 words
      • 65 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 rally
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      • 47 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
      • 43 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
  • Page 9 Advertisements
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  • 457 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 Indonesia
    457 words
  • WHAT THE OTHERS SAY
    • 201 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 Juan
      201 words
    • 154 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 workers
      154 words
    • 117 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 Cambodian
      117 words
  • REGIONAL VIEWPOINTS
    • 139 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 to
      139 words
    • 126 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-sector
      126 words
    • 141 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 following
      141 words
  • 880 10  -  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's
    Reuter  -  880 words
  • Page 10 Advertisements
    • 96 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 Darby
      96 words
  • Page 10 Miscellaneous

  • ANALYSIS
    • 639 11  -  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 on
      639 words
    • 1047 11  -  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 as
      1,047 words
    • 706 11  -  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 nightmare
      Reuter  -  706 words
  • Page 11 Advertisements
    • 93 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 can
      93 words

  • FOCUS
    • 329 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 themselves
      329 words
    • 391 12  -  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 underwear
      391 words
    • 290 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 the
      290 words
    • 210 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 manager
      210 words
    • 154 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$5O million last year. Its multinational clients include Procter Gamble and Philips, both of whom are currently clients
      154 words
    • 550 12  -  MARKETING MATTERS By Edwina Ong Edwina Ong is client service manager, Ogilvy Mather Public Relations WALT Disney, Akio Morita and David Ogilvy what do these three men have in common? They are all visionaries who created large multi-na-tional companies which are remarkable not only
      550 words
  • Page 12 Advertisements
    • 625 12 CRANFIELD SEMINARS by CRANFIELD SCHOOL OF MANAGEMENT in collaboration with KPMG PEAT MAR WICK MANAGEMENT CONSULTANTS PTE LTD. Top Management Seminars By One Of Europe's Leading University Management.Schools To Provide Managers With The Skills To Excell COMPETITIVE EDGE MANUFACTURING SEMINAR 16 MARCH 1990 FEE: S$S75 OBJECTIVES: This seminar has been
      625 words
    • 177 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 on
      177 words
    • 95 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't
      95 words

  • SPORTS
    • 253 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 wildcard
      AP  -  253 words
    • 524 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 Raton
      AP  -  524 words
    • 523 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 in
      AP  -  523 words
    • 251 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 a
      AP  -  251 words
    • 132 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 seconds
      AP  -  132 words
    • SIDE LINES
      • 130 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 in
        AP  -  130 words
      • 125 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 all
        AP  -  125 words
      • 120 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 and
        AFP  -  120 words
      • 98 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's
        AP  -  98 words
      • 88 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 game
        AFP  -  88 words
  • Page 13 Advertisements
    • 52 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-la
      52 words

  • Page 14 Advertisements
    • 1130 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's
      1,130 words
  • Page 14 Miscellaneous
    • 703 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 <Pt
      703 words

  • LIFESTYLE
    • 770 15  -  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 mired
      NYT  -  770 words
    • 651 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
    • 269 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 exclusively
      269 words
  • Page 15 Advertisements
    • 310 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 now
      310 words
    • 323 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 At
      323 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4012 16  -  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 gains
      4,012 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 731 17  -  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
    • 2895 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 980
      2,895 words
  • 936 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 nominal
    936 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3351 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 situational
      MBT  -  3,351 words
  • BT SHARE INFORMATION SERVICE
    • 600 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 28
      600 words
    • 418 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
    • 48 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
    • 317 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 per
      317 words
    • 359 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 one
      359 words
    • 163 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

  • REGIONAL STOCK MARKETS
    • Tokyo stocks close sharply lower in thin trade
      • Article, Illustration
        1088 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
      • Article, Illustration
        686 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 selling
        686 words
      • Article, Illustration
        497 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 in
        497 words
      • 237 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 active
        237 words
      • 85 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 at
        85 words
      • 393 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 was
        393 words
      • 242 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 in
        242 words
      • 88 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 with
        88 words
      • 55 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 index
        55 words
      • 79 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, preferred
        79 words
  • Page 19 Advertisements
    • 83 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 publication
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  • WORLD STOCK MARKETS
    • Selective buying pushes Dow sharply higher
      • Article, Illustration
        839 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 shares
        839 words
      • Article, Illustration
        777 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 was
        777 words
      • 214 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 Amsterdam
        214 words
      • 238 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 that
        238 words
      • 115 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 Fiat
        115 words
      • 172 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. Elf
        172 words
      • 52 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 in
        52 words
      • 250 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 -25
        250 words
  • Page 20 Advertisements
    • 520 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: COMPANY
      520 words
    • 165 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 abovenamed
      165 words
    • 20 20 Johannesburg and Zurich prices were not available MARCH 1990 Each Weekend EXECUTIVE LIFESTYLE 7j) in IA IHLN MMi ik! IM
      20 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1194 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-ing
      1,194 words
    • 393 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 0.8806
      393 words
    • 568 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 8
      568 words
    • 95 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 March
      Reuter  -  95 words
    • 287 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-end
      Reuter  -  287 words
    • 1479 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 19
      1,479 words

  • COMMODITIES
    • 418 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 years
      AFP  -  418 words
    • 243 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
    • 107 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 among
      AFP  -  107 words
    • 850 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 heavy
      850 words
  • 1472 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.25N
    1,472 words
  • Page 22 Advertisements
    • 515 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 held
      515 words
    • 337 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
    • 15 22 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
      15 words

  • THE TRAVEL PAGE
    • 1008 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 B
      1,008 words
    • 578 23  -  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 is
      578 words
    • 157 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 schilling
      157 words
    • 97 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/*****000
      97 words
  • Page 23 Advertisements
    • 54 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 55
      54 words
    • 104 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 LUNCH
      104 words
  • Page 23 Miscellaneous
    • 222 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 funny
      222 words
    • 230 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 Trace
      230 words
    • 28 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^
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  • 172 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 largest
    AFP  -  172 words
  • 285 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 Kuala
    AFP  -  285 words
  • 507 24  -  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
  • 326 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 few
    Bernama  -  326 words
  • 546 24  -  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? To
    546 words
  • 311 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 Daily
    AFP; Reuter  -  311 words
  • 297 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 mind
    Reuter  -  297 words
  • Page 24 Advertisements
    • 76 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 IN
      76 words
    • 78 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 Guides
      78 words

  • SHIPPING TIMES
    • PORT SIDES
      • 74 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 carriers
        AFP  -  74 words
      • 75 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 CSX
        Reuter  -  75 words
      • 89 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 Morocco
        Reuter  -  89 words
      • 36 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. Reuter
        Reuter  -  36 words
      • 74 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 million
        Reuter  -  74 words
      • 60 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 higher
        Reuter  -  60 words
      • 50 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. AFP
        AFP  -  50 words
    • 342 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
    • 271 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 Nation
      271 words
    • 162 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 that
      AP  -  162 words
    • 933 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 4/5
      933 words
    • 274 25  -  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 service
      274 words
    • 228 25  -  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 Agreement
      228 words
    • 235 25  -  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 billed
      235 words
    • 1504 26  -  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 mirror
      Seatrade Business Review  -  1,504 words
    • Ships in Port
      • 1887 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 00
        1,887 words
      • 286 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 Line
        286 words
    • 1048 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
    • 9809 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
    • 375 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 was
      375 words
    • 307 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 after
      Reuter  -  307 words
    • 438 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
    • 129 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 on
      Reuter  -  129 words
    • 798 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 the
      798 words
  • Page 25 Advertisements
    • 29 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: ***** BTAD
      29 words
    • 19 25 Lines and services represented by AytfllfcvSN Members of the Registry of Accredited Shipping Agents. Singapore National f/cl Shipping Association.
      19 words
    • 383 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, has
      383 words

  • Page 26 Advertisements
    • 80 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
    • 161 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
    • 139 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 steam
      139 words

  • Page 27 Advertisements
    • 2310 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*!cl
      2,310 words
    • 2238 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 5/4
      2,238 words

  • Page 28 Advertisements
    • 1112 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 wiiBAUA
      1,112 words
    • 638 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.1711
      638 words
    • 1417 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 09/04
      1,417 words

  • Page 29 Advertisements
    • 1581 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 14/03
      1,581 words
    • 1882 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 007W
      1,882 words
    • 329 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

  • Page 30 Advertisements
    • 605 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 W
      605 words
    • 811 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 73/4
      811 words
    • 68 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 lift
      68 words
    • 1429 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

  • Page 31 Advertisements
    • 1223 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 1W
      1,223 words
    • 698 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 iw
      698 words
    • 488 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 18-14,4
      488 words
    • 516 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 qR
      516 words

  • Page 32 Advertisements
    • 343 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
    • 356 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 PIONEER
      356 words
    • 100 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 SOUTH
      100 words

  • Page 33 Advertisements
    • 850 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 —15/3
      850 words
    • 771 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 WJ
      771 words

  • Page 34 Advertisements
    • 1146 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 29/3
      1,146 words
    • 705 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 BOOKING
      705 words
    • 282 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 MULTIPOINT
      282 words
    • 667 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 SHAN
      667 words

  • Page 35 Advertisements
    • 1761 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(iP
      1,761 words
    • 1271 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 sstmasSurss
      1,271 words

  • Page 36 Advertisements
    • 751 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 27/04
      751 words
    • 1188 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 FCL
      1,188 words
    • 256 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 PANJANG
      256 words
    • 554 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
    • 517 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 14tN
      517 words

  • Page 37 Advertisements
    • 1115 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 SEA
      1,115 words
    • 230 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 CARGO
      230 words
    • 599 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 PAJ
      599 words
    • 729 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 24/3
      729 words
    • 348 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 IN
      348 words

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    • 1188 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
  • Page 38 Miscellaneous
    • 150 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 wind
      150 words