The Business Times, 20 March 1990

Total Pages: 38
1 38 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday March 20 1990 75*
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  • NEWS. SUMMARY
    • 55 1 SOVIET President Mikhail Gorbachev is aiming to introduce radical legislation by July 1 to turn around the ailing Soviet economy and transform it into a market system. Moscow economists said yesterday that Mr Gorbachev would use his new powers as executive president to
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    • 41 1 DESPITE the near chronic shortage of retail space in the Orchard Road area, many retailers are beginning to resist paying rent above what they consider as sustainable monthly levels of around $377 to $430 per sq m Page 2
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    • 30 1 THE CALL for moderate wage increases should also be directed at managerial and professional staff, and not only at workers, said a labour leader yesterday Page 2
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    • 29 1 JAPANESE Prime Minister Toshiki Kaifu says Japan will not develop an offensive capability if the US bases in the Philippines are forced to close Page 8
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    • 24 1 INDONESIA is greatly concerned over the US decision to place its garment exports to the American market under embargo Page 8
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    • 40 1 TOP OFFICIALS and industrialists from East and West are meeting in Bonn to discuss the hopes and fears raised by the breakneck pace of Europe's economic integration, a day after the historic East German polls Page 9
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    • 37 1 CHRISTIAN LACROIX's show in Paris last weekend was a triumph, the first time in three years that he has netted his quirky spirit and swarm of ideas in his own ready-to-wear line Page 15
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    • 30 1 THE SINGAPORE National Shipping Association is looking into its members' complaints about the poor quality and undersupply of bunkers by suppliers in Singapore. Shipping Times Page One
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  • MARKETS SUMMARY
    • 32 1 WALL Street opened lower yesterday, with the Dow Jones index of 30 leading industrials fixing at 2,723.42 five minutes into trading, down 17.79 points from Friday's close of 2,741.21.
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    • 34 1 AT ABOUT 1200 GMT, the Financial Times-Stock Exchange 100-share index was down 16.6 points, or 0.7 per cent, at 2,247.3, above its morning minimum of 2,244.8 but below its peak of 2,261.1.
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    • 36 1 GIVEN the market's cautious outlook coupled with Tokyo's third largest fall yesterday, most dealers were surprised when Pentex-Schweizer closed substantially higher than its offer price on the first day of trading Page 3
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    • 39 1 1989 turned out to be another banner year for a Philippine subsidiary of Singapore-based Keppel Corp. Cebu Shipyard and Engineering Works saw a doubling of its net income to 30.2 million pesos (US$l.3 million) Page 3
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    • 21 1 THE NIKKO Securities group has set up a representative office which specialises in investment trust business Page 7
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    • Article, Illustration
      30 1 .Monday Change BT-MGA 781.01 -4 45 Kuala Lumpur .3,060.95 -7.60 Hongkong 2,871.39 -15.07 Tokyo 31,263.20 -1,353.20 Sydney 1,594.7 +10.2 Krida) Change New York 2,741.2 +45.50 London 2,263.9 29.0
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    • 22 1 Exchange rates US$ S$l 8720 Yen S$ 1.2271 M$ SS0.6895 Money market rates Overnight 6 1/8% 1/8 3-monlh 6 1/4 unch
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    • 38 1 London Gold AM fix US$401.25 USS0.60 Rubber S'pore April... 157.00*/kg +01.50 M'sia April.... M226.50«/kg +01.00 KL Tin Turnover 140 tonnes +70 Spot MS 17.04/kg -0.10 Crude palm oil futures Turnover 632 lots -511 April MS691 /tonne -2
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  • 420 1  -  By Lee Han Shih THE Cold Storage group has secured a foothold in the huge Housing and Development Board (HDB) consumer market with a successful bid in a land sale tender. It has been given a site to build an office and
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  • 268 1 Agencies EAST GERMAN conservatives, smothered for dccadcs under an all-powerful Communist regime, scored a stunning triumph in their country's first free election and set course firmly towards a single German state. The three-party Alliance for Germany, a coalition heavily backed by Bonn Chancellor Helmut
    Agencies  -  268 words
  • 328 1  -  By Yong Pow Ang THE GOVERNMENT is looking at the feasibility of fully privatising the Singapore Broadcasting Corporation. It is also ready to allow cable television and commercial broadcasting stations in Singapore. Disclosing this in Parliament yesterday, Minister of State for Communications and Information
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  • 239 1 Reuter US TREASURY Secretary Nicholas Brady is facing mounting criticism and may step down or be asked to resign, The liOS Angeles l imes reported last Sunday. It quoted an unidentified European official as saying: "US leadership now is just nowhere to be seen." It
    Reuter  -  239 words
  • 269 1 RAFFLES MARINA, Singapore's first marina and recreation club, has invited a select group of individuals to become members on a priority basis. These individuals will have to pay a total of $35,000, comprising a $20,000 entrance fee and a $15,000 unsecured note which
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  • 218 1 THE Tokyo market yesterday crashed through the 32,000 benchmark in early afternoon trade and closed more than 1,300 points down. The key 225-share Nikkei index dived 1,353.20 points, or 4.15 per cent, to 31,263.24 after easing 55.20 points on Friday. It was the third biggest
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  • Page 1 Advertisements
    • 292 1 Nikon The World's Finest Photographic System. MAKINGS OF ANOTHER GIANT 11 WINNING FORMULA BY SUPERSKILL 12 ECONOMIC BLOCS IN PHILIPPINES 13 Aircraft Schedule 23 Money Changer Rates 23 Weather 23 Commodities 22 Money Market 21 World News 9 Cryptic Crossword 23 Regional Co News 4 For market indices, editorial, Financial
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    • 5 1 More Parliament reports, Pg 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • 77 2 THE MAJORITY of residential subscribers and small businessmen would enjoy lower telephone rates if Singapore Telecom charged local calls according to usage, said Minister for Communications and Information Dr Yeo Ning Hong in Parliament yesterday. He said Singapore is one of the last
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      • 75 2 The LINE to Woodlands is likely to be the first to be constructed under Phase Three of the Mass Rapid Transit project, after the completion of Phases One and Two in the middle of this year. Dr Yeo Ning Hong said the latest indication of a feasibility
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      • 87 2 THE ENVIRONMENT MINISTRY will be embarking on a programme to promote technical innovations in its effort to keep public toilets clean. Environment Ministry Dr Ahmad Mattar said the ministry is promoting sensor-operated flush valves, an automatic flushing system. The programme will be implemented over the next two
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      • 71 2 THE BUILDING OF covered sewage treatment works (STW) costs between 50 and 75 per cent more than building STWs without covers. Environment Minister Dr Ahmad Mattar said a tender has been called to cover up the primary settling tanks at the Ulu Pandan STW. The ministry will
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      • 80 2 THE ENVIRONMENT MINISTRY'S study on the privatisation of hawker centres is currently in its final stages, said Dr Ahmad Mattar. He said that privatisation would initially take the form of "leasing out suitable sites to the private sector to build and operate hawker centres, to
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      • 56 2 SINGAPORE, in its largest participation ever, will be represented by 27 computer makers at one of the world's largest computer trade shows in Germany the seven-day CeBIT '90 show in Hannover. The fair begins tomorrow. Most of the local companies have taken part in CeBIT before,
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      • 37 2 THE SENIOR Parliamentary Secretary to the Minister for Education, Sidek bin Saniff, will be attending the 6th Asian Parliamentarians' Meeting on Population and Development to be held in Jakarta on Thursday and Friday.
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    • 340 2  -  By Genevieve Cua THE MINISTRY of Environment is looking into the feasibility of setting up a centralised toxic waste treatment plant capable of handling a variety of wastes from local chemical companies. There is a great need for such a facility as the
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    • 176 2 THE GOVERNMENT will work together with the Central Provident Fund to enable more Singaporeans to own shares in Singapore Telecom, which will be privatised in two to three years' time. Giving the progress of possibly the largest listing in Singapore to come. Minister for Communications and Information
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    • 315 2 THE CALL for moderate wage increases should also be directed at managerial and professional staff, and not only at workers, said a labour leader yesterday. Lim Boon Heng, deputy secretary-general of the National Trades Union Congress, told BT that the principle
      315 words
    • 102 2 THE GOVERNMENT has appointed Tan Keng Jin, whose last posting was Ambassador to Egypt, as Singapore's High Commissioner to Brunei Darussalam. Mr Tan, 50, joined the Ministry of Foreign Affairs (MFA) in 1971 and has served in a number of posts overseas. His first posting was
      102 words
    • 448 2 DESPITE the near chronic shortage of retail space in the Orchard Road area, many retailers are beginning to resist paying rent above what they consider as sustainable monthly levels of around $377 to $430 per sq m ($35 to $40 per sq ft).
      448 words
  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 275 3 Other indices Close Previous Net change Mar 19 Mar 16 BT Composite 1357.90 1366.50 -8.60 BT-MGA 781.01 785.46 -4.45 ST Industrials 1562.86 1570.99 -8.13 BT OB/OS -129 -77 -52 BT CADI -5422 -5358 -64 BT 10-day MA -5378 -5365 -13 BTOBV +*****46 +*****34 -***** ST Finance 2633.30
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    • COMPANY BRIEFS
      • 147 3 L&M Group Investments and Lee Kim Tah Holdings have confirmed their involvement in a Thai joint venture company, Siam Syntech Construction Co Ltd (SSC), which was reported by BT to have bagged some $200 milion worth of contracts. L&M's 16 per cent interest in SSC is
        147 words
      • 59 3 MAYBAN PROPERTY TRUST Management Bhd, a whollyowned subsidiary of Malayan Banking Bhd, confirmed it is in the process of acquiring Wisma Manilal in Penang. Mayban Property Trust was responding to a query by the Kuala Lumpur Stock Exchange about a newspaper article discussing the purchase
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      • 86 3 SEMBAWANG MARITIME Ltd's salvage division Semco Salvage Marine Pte Ltd has been awarded a contract to help the very large crude carrier Happy Traveller, which is anchored off Singapore port limits. Semco Salvage is conducting a diving survey to determine the extent of damage an explosion
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    • 247 3 SEMBAWANG MARITIME has clinched a $5.3 million contract to salvage a damaged rig off the Indian coast. In an announcement yesterday, it said: "Semco Salvage and Marine Pte Ltd, the salvage arm of Sembawang Maritime has secured a $5.3 million contract
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    • 650 3  -  THE HOCK LOCK SIEW COLUMN By Rosie Tan INVESTORS bored with the current malaise on the local stockmarket can look forward to some action in the next few months when at least three hostile takeovers are expected to surface. The first in line
      650 words
    • 449 3  -  By Lim Mui Khi GIVEN THE market's cautious outlook coupled with Tokyo's third largest fall yesterday, most dealers were surprised when PentexSchweizer closed substantially higher than its offer price on the first day of trading. Observed one analyst: "It did very well although it cannot
      449 words
    • 408 3  -  From Al O Labita Jr in MANILA PROFIT-WISE, 1989 turned out to be another banner year for Cebu Shipyard and Engineering Works, Inc (CSEW), a Philippine subsidiary of the Singapore-based Keppel Corp. In its audited financial statements submitted to
      408 words
    • 434 3  -  By Abdul Hadhi THE MARRIAGE between London-based Hoare Govett and locally-based Summit Securities appears headed for a definite divorce this year and the rapidly expanding Summa group is expected to step into the shoes of the former. Sources told BT yesterday that the
      434 words
  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • 187 4 HONCKONC Indicts Close Open High Low Volume Chance Hang Seng Index 2,871 2,887 2,903 2,862 -15 Hang Seng Spot 2,903 2,915 2,930 2,884 457 -5 Close Previous Net Change Mar 19 Mar 16 Hang Seng Finance 2,024.89 2,030.77 -5.88 Hang Seng Utilities 3,545.25 3,584.58 -39.33 Hang Seng
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    • 467 4 Bernama AN INDONESIAN group, Astra, a member of the Sum-ma-Surya conglomerate, has applied to the Malaysian central bank to acquire the whole of Sim Lim Holdings Bhd which owns 90 per cent of Visia Finance Bhd. A banking source said in Kuala
      Bernama  -  467 words
    • 383 4 AFP BELEAGUERED Bond Corp Holdings Ltd plans to cut AS 1 billion off its debt to about A 56.2 billion (US$4.7 billion) by June 30. Spokesman Peter Lucas said on Sunday in a televised interview that he thought the attitude
      AFP  -  383 words
    • 205 4 Reuter INCO LTD's Indonesian subsidiary, which accounts for about 7 per cent of the non-communist world's nickel output, hopes to push production up to an annual 80 million pounds in both 1990 and 1991 from 64 million in 1989, company officials said. But
      Reuter  -  205 words
    • COMPANY BRIEFS
      • 94 4 Reuter SONY CORP has reorganised its US operations to cope with rapid expansion and strong demand, a company spokesman said. Sony Corp of America will create two new divisions on April 1. Sony Engineering and Manufacturing of America will make all products except tapes, which will
        Reuter  -  94 words
      • 115 4 Reuter NIPPON OIL Co Ltd and Japanese trading house Toyo Menka Kaisha Ltd will join Australian Mining Investments Ltd to open a coal mine in Australia, a Nippon Oil spokesman said. The firms plan to start production of an annual 300,000 tonnes in August at
        Reuter  -  115 words
      • 58 4 Bernama GENERAL CORPORATION Berhad (GCB) is to build an office building at Jalan Gereja, Kuala Lumpur, to house the group's headquarters, its executive director, Mr Chan Cheu Leong said yesterday. He said the land for the project belongs to Low Kheng Huat Construction (S) Pte Ltd,
        Bernama  -  58 words
    • 318 4 THE NEW ZEALAND government is considering a novel way of privatising the country's local electricity supply companies giving them to the public. Ministers are looking at a proposal to distribute shares worth an estimated NZ$3 billion (US$l.B billion) in the companies to the
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    • 243 4 Reuter THE San Francisco earthquake, an attempted coup in the Philippines and last June's crackdown in Beijing dented occupancies but failed to prevent Jardine Matheson's hotel unit from posting higher 1989 profits. "In the circumstances, the fact that all the Group's hotels were
      Reuter  -  243 words
  • Page 4 Advertisements
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    • 119 4 S interest in Western Australia as j/ an area of potential for businesi and A _Jir tnK e P oSS 'txl' tJCS < the Department of M Trade Development of Western Australia ts organising a series of 7-day fully-conducted Business C lnvestment Tours. fc/jr lo Hfatetrp/fwtfnrfk* JB&jE Highlights of the
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  • Page 5 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 93 6 NYT CARL C Icahn's proposal that USX Corp sell most or all of its steel holdings is apparently gaining some support among the company's institutional investors. Those supporting the plan say it will help increase the value of the giant steel and energy company.
        NYT  -  93 words
      • 104 6 AP A GROUP of Exxon Corp shareholders, claiming the oil company's environmental problems have threatened the value of their holdings, are demanding a meeting with the company's chairman. In a letter dated Friday, managers of pension funds from California, New York and Massachusetts, which own more
        AP  -  104 words
      • 101 6 Reuter THE YIEH LOONG Group of Taiwan signed a letter of intent for a NT$3O billion joint venture with West Germany's Thyssen AG unit Thyssen Edelstahlwerke AG and South Africa's Samancor Ltd and Highveld Steel and Vanadium Corp Ltd. Yieh Loong president Wang Cheng-chieh
        Reuter  -  101 words
      • 58 6 Reuter ELECTRONICS group Ferranti International pic said it has completed the sale of its Dundee-based components and laser operations in two management-led buyouts for £7 million. The two companies had total turnover of £16.2 million in the year to March 31 1989. Albacom is acquiring the components
        Reuter  -  58 words
    • 394 6 Reuter STEPS by International Business Machines Corp to expand its monitoring of employee performance and other measures should help the company trim up to 15,000 jobs in the US this year, some analysts say. Last Dec 5, IBM chairman John Akers
      Reuter  -  394 words
    • 173 6 AP WEST GERMANY'S Dainw ler-Benz group has sounded out Mitsubishi Motors Coip of Japan on the possibility o( taking part in a truck manufacturing project in East Germany. m The mass-circulated newspaper Asahi Shimbun reported on Sunday that the proposal was made when executives of
      AP  -  173 words
    • 213 6 Tate Lyle in talks to acquire Berisford Reuter SUGAR GROUP Tate and Lyle pic said it is in talks with Berisford International pic about making a recommended bid for Berisford. In a statement Tate said these talks are at a preliminary stage and may or may not lead to a
      Reuter  -  213 words
    • 334 6 Reuter RH MACY and Co Inc, which recently reported its fourth consecutive quarterly loss, will continue to show losses in the next couple of quarters, according to chairman Edward Finkelstein. Mr Finkelstein, in an interview published in the New York Times' Sunday edition, predicted
      Reuter  -  334 words
    • 207 6 Reuter KOBE STEEL LTD and Texas Instruments Inc of the US will set up a joint venture to manufacture advanced semiconductors in Japan, the companies said in a joint statement yesterday. The agreement will enable Kobe Steel to enter the semiconductor manufacturing
      Reuter  -  207 words
  • Page 6 Advertisements
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  • FINANCIAL NEWS
    • 576 7  - Continuing the insurance alphabet U, V and W TAKING COVER By Paul Frankland •Mr Frankland is the Singapore branch manager for Commercial Union Assurance. His views do not necessarily reflect those of Commercial Union. TODAY, we continue our series of the insurance alphabet with three letters U, V and W.
      576 words
    • 477 7  -  By Quak Hiang Whai JAPANESE securities houses operating in Singapore have diversified into new business areas, with the Big Four leading the way by setting up new units in the past few months. In the latest development, Nikko Securities set up a representative office for
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    • 530 7 Reuter FLEEING from hyperinflation, Brazil's new government has introduced one of history's most draconian monetary reforms and frozen more than US$lOO billion of individuals' and companies' money. Most of the liquidity in Brazil is now frozen for the next
      Reuter  -  530 words
    • SMALL CHANGE
      • 106 7 BRITAIN has reversed a nine-year-old policy and is now willing to guarantee short-term credits to Poland, an official source in Warsaw said after a three-day visit by British Trade and Industry Secretary Nicholas Ridley. The amount involved in the guarantee was not specified. A
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      • 105 7 THE New Zealand Futures Exchange has changed its name to New Zealand Futures and Options Exchange. Managing director Len Ward said yesterday that trading in options on individual shares could start in the second half of the year but only if business on the New
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      • 102 7 JAPAN'S savings reached an average of 13 million yen (US$B6,OOO) per household as of the end of 1989, about twice as much as annual income, according to a survey released last week by the Management and Coordination Agency. At the same time, the average household debt increased
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      • 98 7 BRITAIN'S savings ratio personal savings as a percentage of total personal disposable income fell to S.S in the fourth quarter of 1989 from 5.9 in the third quarter, the Central Statistical Office said. The ratio is above the 3.8 low of third quarter 1988 but still
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      • 2 7 Dollar$ Non$en$e
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  • Page 7 Advertisements
    • 101 7 Hln Kuala Lumpur where else but the Shangri-La. A location in the heart of the business district amid the lush tropical greenery of Malaysia. The standards of service you have come to expect from a truly world-class hotel. It could only be the Shangri-La, Kuala Lumpur. ShangriLa hotel KUALA LUMPUR
      101 words

  • THE REGION
    • NOTE BOOK
      • 88 8 MALAYSIA will not consider nuclear power as an option for the generation of electricity before the year 2000, Minister in Prime Minister's department Datuk Dr Sulaiman Daud said. However, he did not rule out its possible option as a last means to help meet future
        88 words
      • 79 8 THE Malaysian people have no choice other than the Barisan Nasional to form a stable government in the country, Deputy Prime Minister Ghafar Baba said. The Barisan Nasional, he said, had been ruling the country for sometime and had succeeded in bringing peace and prosperity to the
        79 words
      • 94 8 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said the position of science and its relevance to the Quran must be understood and any confusion erased to ensure the status of Islam and its followers. Dr Mahathir said there was now confusion among some Muslims in understanding
        94 words
      • 81 8 DEVELOPED COUNTRIES should buy vegetables and fruits from poor countries without imposing quotas to prevent them from turning to the cultivation of drug crops. Malaysian Deputy Home Minister Datuk Megat Junid Megat Ayob in making this call said the drug problem could be checked if developed
        81 words
    • 366 8 AFP JAPAN WILL NOT try to develop an offensive capability if the US bases in the Philippines are forced to close, Japanese Prime Minister Toshiki Kaifu said in an interview published in Manila yesterday. Mr Kaifu, in a written response to questions sent
      AFP  -  366 words
    • 325 8 Bernama INDONESIA is greatly concerned over the United States' decision to place its garment exports to the US market under embargo. Junior Trade Minister Soedradjat Djiwandono said yesterday that representatives of the Indonesian government were still negotiating with their US counterparts on the matter.
      Bernama  -  325 words
    • 165 8 AFP FUGITIVE military rebels still posed a security threat despite the arrest of some of their colleagues, President Corazon Aquino said on Sunday. "Until we have captured all of these coup plotters we have no assurance that these people will not make trouble," Mrs
      AFP  -  165 words
    • 360 8 Bernama THE JOHORE government wants directly to monitor and control the development of the Gelang Patah area after the implementation of the second link between Johor Baru and Singapore. Johore Chief Minister Tan Sri Haji Muhyiddin Yassin said yesterday that the
      Bernama  -  360 words
    • 161 8 Reuter THAI army chief General Chavalit Yongchaiyudh has put off a planned visit to Vietnam this week, sources said in Bangkok on Monday. The sources gave no explanation for the decision, made amid hectic and secretive manoeuvering among Thailand's top army officers
      Reuter  -  161 words
    • 169 8 Bernama THE WOMEN'S wing of the United Malays National Organisation will support any move to pinpoint the source of the reportedly huge spending by Opposition parties for their political campaigns, its leader, Datuk Seri Rafidah Aziz, said on Sunday. She said it was only
      Bernama  -  169 words
  • Page 8 Advertisements
    • 173 8 HKHi Is i -'-J iff ,i i mi*'AnM JH^H r!3>i^¥iW ttV.. Ivf 3" -i rs .s>**♦? v —Ml^^wßm^lT^tge?aiWgiV.- J7f W .r* f ,mJ||. #11 *v v'dfidifl JIT v v %yv^ Keeping in step with the business travkij.fr. If business is keeping you on your toes in Singapore, you'll be glad
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  • THE WORLD
    • 478 9 Reuter A DAY after East Germany's first democratic elections, top officials and industrialists from East and West were scheduled to meet in Bonn to discuss the hopes and fears raised by the breakneck pace of Europe's economic integration. The 35-nation gathering starting yesterday,
      Reuter  -  478 words
    • 271 9 NYT JAPAN has unveiled trade and economic measures that it intends to adopt in response to mounting US pressure for greater access to Japanese markets. The measures are part of a comprehensive package of initiatives to be presented during talks in Washington early next
      NYT  -  271 words
    • 248 9 AP A FALTERING ECONOMY and resurgence of anticapitalist sentiment are adding to China's already formidable reputation as a difficult place to invest. The government is wooing foreign investment and technology as fervently as ever, and most analysts agree that China needs and wants
      AP  -  248 words
    • 228 9 Reuter SOVIET TROOPS and tanks staged manoeuvres in Lithuania last Sunday on the eve of a deadline by President Mikhail Gorbachev to the Baltic republic's Parliament to rescind a declaration of independence. Lithuanian officials said military aircraft were heard flying over major cities in
      Reuter  -  228 words
    • WORLD WATCH
      • 40 9 AFP CHINA'S imports and exports have balanced in the first two months of this year. The New China News Agency reported yesterday that imports during the period totalled US$6.OB billion and exports reached US$6.O9 billion. AFP
        AFP  -  40 words
      • 62 9 AFP MORE THAN 50 per cent of Japanese companies have reported in a survey that they are facing a labour shortage, the most since the government began such polls in 1984. The Japanese Labour Ministry said last Sunday that the survey covered about 4,100 private companies
        AFP  -  62 words
      • 62 9 Reuter SOVIET CONSERVATIVE Yegor Ligachev has launched a fresh attack on President Mikhail Gorbachev, charging that his reforms are bringing down the Soviet Union and tearing apart the Socialist community. Ar a meeting of the party's central committee last Friday, Mr Ligachev said Mr Gorbachev's reforms had
        Reuter  -  62 words
      • 82 9 AFP FRANCE'S ruling Socialist Party was plunged into crisis last Sunday after a bitter four-day congress in Rennes ended without an agreement on a new leader or on policy, the first time in 20 years that a Socialist Party congress has ended in deadlock. The failure to
        AFP  -  82 words
  • Page 9 Advertisements
    • 311 9 GOOD IDEAS KEEP COMING UP We just broke all the rules in fax. I J j siljl I J &SS <s 1 m irsizsisi™iz»sizzs I n Until now, the rule was: the more features One-touch Programme Function. Auto Document Feeder that feeds up to a fax has, the more complicated
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  • 475 10 EDITORIAL TIMING can make or break a plan. Fortunately, the timing of the Strategic Economic Plan (SEP), presented last week by State Minister for Trade Industry Mah Bow Tan, is hard to fault. Whereas the previous Economic Plan in 1985 arose from the urgent need to pull the
    475 words
  • WHAT THE OTHERS SAY
    • 225 10 THE RECENT suggestion of Thai Prime Minister Chatichai Choonhavan to move about 300,000 Cambodian refugees to "neutral" camps they are now housed by the resistance groups will have a bearing on the on-going war. These camps are crucial to the resistance war effort. One view is that
      225 words
    • 140 10 THE LEBANON hostage crisis is making the headlines again following reports that Iran is willing to bring its influence to bear on the perpetrators, and with good reason too. Teheran wants to be seen to be sincere in improving its ties with the West, especially the US.
      140 words
    • 144 10 REDUCING the Chinese vocabulary of 'O' level students to below three thousand characters is an issue which merits careful study. The word list is already conservative and if further cut back, will not help to hold standards. Perhaps we should not regard the word list as the only
      144 words
  • REGIONAL VIEWPOINTS
    • 147 10 YESTERDAY'S announced increases in lending interest rates marked a return of Thailand's monetary policy to solid ground. It should have happened long ago, but at least it has happened. We should not, however, breathe a sigh of relief and expect life to return to an
      147 words
    • 188 10 THE PHENOMENAL SUCCESS of the national car Proton has been shared by its marketing twin, Edaran Otomobil Nasional (EON). As part of its expansion, Dr Mahathir told reporters that EON will be listed on the Kuala Lumpur Stock Exchange soon. Hicom president Tan Sri Jamil Jan
      188 words
    • 169 10 THE ABORTIVE COUP in Kabul last week against President Najibullah proves once again that the saying "politics makes strange bedfellows" is far from outdated. After all, who would have expected that the coup leader, General Shahnawaz Tanai, the former Afghan defence minister, would strike a deal with an
      169 words
  • 625 10  -  Economic reforms in South Korea are likely to be put on the back burner. Zeno Park reports Zeno Park AFP SOUTH KOREA'S new Cabinet will promote policies stimulating the country's sagging economy but reforms for economic justice could be put on the back burner, according
    AFP  -  625 words
  • Page 10 Advertisements
    • 159 10 £SSiEAms3B* I k w v nHßVl|ipVV^^^^| V i V I l W T T I 3 tiZZau'ong V'! Excellent location, along Keppe! Road just I s gStS^T Bu n9 k\a V y^TSoutside the Restricted Zone yet within the CBD I ?£STS^ Cent,e !C V\ to enjoy all the benefits associated
      159 words
  • Page 10 Miscellaneous
    • 27 10 POONESBURY 06! SrmN6N£XTlOMeiS> HHHHHI NT OF A ratings aM.ou>F*ieNP,WF*JNceoF c&iencN, slump, jim. ccuu> cm&d. inw&HMsaF-m.'jms 1 ZT I vouuxxK-ne mapk THUffUCnSK' fl YOU YES- IS I TFUMPSW*
      27 words

  • ANALYSIS
    • 805 11 The EC's forty-odd bourses hope to give London's freewheeling market a run for its money Economist THE EUROPEAN Community's forty-odd stock exchanges are in search of a future. In the 1980s, cosy age-old dealing cartels and fixed commissions were destroyed by
      Economist  -  805 words
    • 2043 11  -  Can Japan's varied commodity exchanges close ranks to play a global role? Ng Weng Hoong reports from Tokyo Ng Weng Hoong Ng Weng Hoong is the Commodities Editor of Teierate, <1 'live' financial information senices company. JAPAN IS SEEKING a bigger international role for its
      2,043 words
  • Page 11 Advertisements

  • FOCUS 1
    • 557 12  -  Winning a high technology award for a company which began as a typing-cum-photocopying business took more tnan just hard work. It took vision and courage as JAYARAM MENON finds out INNOVATION. TECHNOLOGY EDITED BY JEFFREY ISANO JAYARAM MENON Mrs tan Soo Buay of Superskill Graphics does
      557 words
    • 209 12 PRIME Computers, specialising in computer aided design and manufacturing, will be channelling more resources to increasing its market share in the Asia-Pacific. The company's vice-president for market development, Russell Planitzer says the shift was necessary in view of the almost flat growth in the US market and the
      209 words
    • 777 12 NYT IN RECENT YEARS, the upstart personal computer known as a workstation has spoiled the minicomputer business by attaining comparable speed at far lower prices. Now comes the first independent confirmation that a new workstation from International Business Machines can solve certain scientific problems faster than even
      NYT  -  777 words
    • 296 12 AP AMERICAN and European scientists will be able to compare notes across the Atlantic with a new, high-speed data link unveiled by the National Science Foundation. The foundation announced last week that it was extending the US's largest computer network used in science and
      AP  -  296 words
    • 1079 13  -  The Philippines is witnessing the emergence of two distinct economic blocs: a Chinese-Filipino business group, and a politico-business bloc. Harish Mehta describes the activities of the two blocs. Harish Mehta CHINESE-Filipino business mandarins, who are improving both the trade bottomline and the
      1,079 words
    • 342 13 MANILA'S politico-busi-ness blocs are thriving, not without controversy though. A family with both economic and political interests are the Concepcions, whose scion is Department of Trade and Industry Secretary Jose Concepcion. The Concepcions have boosted their products by acquiring the brand name Swift. The recent acquisition of
      342 words
  • Page 12 Advertisements
    • 249 12 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Exclusive Subscribe or renew your subscription now. The first 50 subscribers will receive a 120 ml bottle of Aramis Classic and a 100 ml tube of Maltplexx Natural Hair Cel. subst nl)ers HHfll WI |l/ Subscription rates:
      249 words

  • Page 13 Advertisements
    • 198 13 Before You Sign Any Property Contract, Look For This Sign. Both local and development charge. With Life. Lee DEVELOPMENT CONSULTANCY AND Rubber, lakashimaya and Korakuen. Because RESEARCH, we at detailed market work for our but them Take AGENCY and feasibility Or project and marketing advice. Our services. Whether it's sales.
      198 words

  • Page 14 Advertisements
    • 1007 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE...» HAWKER h'KST♦ 17 31 MAR Lunch Dinner only Adult: $15.50 Child: $10.00 Cafe Plaza > jnZ£UßL*i tv WH^^R ml« Br larjM Feast on our Chef's Specialty Fish Head Curry at only $17.50 y (for
      1,007 words
  • Page 14 Miscellaneous
    • 784 14 TELEVISION AND RADIO i| 9.30 The Discovery Programme 6.2S Holy Book. BUSINESS ON RADIO: I T U. a. SBCI# ..T The Jogger. Jerry, a regular 6.45 Frtrah. v m r-- rrt tr v i*'""■■ x ric memory 01 b. iiiflsicr ««*> ,j c**m-**-*. bk, m.9 -h* i« n W T
      784 words

  • LIFESTYLE
    • 912 15  -  Lacroix's huge collection, done while he was in and out of the hospital for back operations, was unveiled last weekend. Buyers were ecstatic. Suzy Menkes reports on the latest Paris fashion show. Suzy Menkes IHT CHRISTIAN Lacroix's show in Paris last weekend was a triumph,
      IHT  -  912 words
    • 791 15  -  Mike Marklew takes a look at Japan's quirky translations Mike Marklew Punch THE JAPANESE love the English language. They love it so much that they wear T-shirts bearing catchy slogans like Slick Licker, and Homliest Homes. They don't know what the words mean, exactly. They just
      Punch  -  791 words
    • 270 15 FORMER US President Ronald Reagan, inspired by the tearing down of the Berlin Wall and talks on reunification of East and West Germany, will make a trip to Berlin in coming months, his aide said. "He has followed the events with great interest and
      270 words
  • Page 15 Advertisements
    • 265 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? At Hubertus Grill, the Businessman's Luncheon offers you the opportunity to dine in the relaxing ambience of a hunter's lodge, and enjoy a sumptuous spread of appetisers, soups, salads, fruit and desserts. There's also a wide selection of main courses
      265 words
    • 341 15 The art of doing business. Fourchettes Business Lunch. At Fourchettes Grillroom, one of Singapore's finest business lunches awaits. The freshest oysters. Goose Rillettes and other appetizets. Main courses from the Grill, or Roast US Prime Rib from the Carvery. Accompanied by the most exquisite Desserts, leas and Coffees. At just
      341 words

  • SPORTS
    • SIDE LINES
      • 112 16 AP A SCINTILLATING CENTURY by left-hander Brian Lara put him in line for selection in the West Indies team for the third cricket Test later this week and sent the West Indies President's Eleven into the lead on the second day of the four-day
        AP  -  112 words
      • 57 16 AFP JEFF HARDING of Australia retained his World Boxing Council light-heavyweight title in Atlantic City on Sunday when the referee stopped his fight with Argentina's Nestor Giovannini in the penultimate 11th round. It was Harding's 16th straight win. The South American challenger has been beaten five times
        AFP  -  57 words
      • 125 16 AP FORMER auto racing champion Stirling Moss is recovering in hospital after being hit by a car while driving his motor scooter in central London, Westminster hospital said yester- day. Moss's publicist Linda Patterson said doctors inserted three metal pins in the 60-year-old former Grand Prix
        AP  -  125 words
      • 55 16 AP BASEBALL PLAYERS and owners settled their contract dis--1 pute on Sunday night, ending the 32-day lockout and paving the way for the start of the season on April 9, according to a source involved in the talks. Neither the union nor the owners "Would confirm they
        AP  -  55 words
      • 92 16 AP THE PGA TOUR is not seeking and probably would not accept a major sponsor to replace the millions of dollars •poured into professional golf by Nabisco. "It is unlikely the Tour would accept another sponsor like Nabisco," Commissioner Deane Beman said yesterday. The conglomerate and
        AP  -  92 words
      • 119 16 AP EAST GERMAN Jens Weissflog won the Holmenkollen ski jump for the second year in a row in Oslo on Sunday, but the event was stripped of its World Cup status for 1990 due to jumping conditions. Lack of snow forced organisers to use artificial approach tracks
        AP  -  119 words
      • 91 16 AP DEFENCEMAN Paul Coffey's power-play goal early in the second period gave the Pittsburgh Penguins a 2-2 tie with the New York Islanders on Sunday in a battle of Patrick Division playoff hopefuls in the National Hockey League. Coffey picked off Gerald Diduck's clearing attempt and
        AP  -  91 words
      • 62 16 AP NICK ASHFORD's England 'A' whitewashed Zimbabwe in a one-day cricket match on Sunday. Thanks mainly to Mike Atherton, England notched up a third successive win over the home side. Atherton scored 101 in 103 balls, his third century in four innings. He was well supported by
        AP  -  62 words
    • 429 16 AP TONY DEES and Michael Johnson may not be as familiar names as Edwin Moses and Carl Lewis. But they could be soon. "Barring injury, you're going to see great things from both of them," said Guy Kochel, coach of the US track
      AP  -  429 words
    • 473 16 AP MELDRICK TAYLOR got out of the hospital on Sunday bruised and battered and still angry at referee Richard Steele. "It was very traumatic for me," Taylor said of his dramatic loss to Julio Cesar Chavez with two seconds left in the fight in Las
      AP  -  473 words
    • 477 16 AP JENNIFER CAPRIATI won by default and Andre Agassi won by a rout on Sunday at the International Players Championships in Key Biscayne, Florida. Capriati, 13, advanced to the fourth round when Patty Fendick sustained a knee injury while leading 4-2 in the first
      AP  -  477 words
    • 348 16 AP THE WORLD CUP ski season, which began in early August, was long, but in many ways too short. At least for the Austrian women. Despite outclassing the Swiss to whom they lost the season before, they still could have
      AP  -  348 words
    • 255 16 AP LARRY BIRD scored 29 points, grabbed 18 rebounds and had 11 assists on Sunday as the Boston Celtics handed the New Jersey Nets their 20th consecutive road loss, 122-106. The Nets, losers of six straight overall and 25 of 28, were
      AP  -  255 words
    • 440 16 AP JODIE MUDD held off Mark Calcavecchia's last-gasp challenge for a one-stroke victory on Sunday in the 30plus hole wind-up of the Players Championship in Ponte Vedra, Honda. Calcavecchia, second in his last three starts and four times this young season, watched his last chance
      AP  -  440 words
  • Page 16 Advertisements
    • 35 16 RULE 4-1: rORM AND fAAKE Of CLUBS: A CIMB 19 AN IWO£M£NT PESH<WN«> "TO B£ USEp FOR STKIKIN* TUP pAU-^ Mill W «Oll®IMI •otii <■• utiiai tw c«i w *mt»t fJ); •■>((• tiMtt con utocumi JtAW |l
      35 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4538 17  -  By Lim Mui Khi THE LOCAL MARKET stood up well to Tokyo's nosedive yesterday but analysts warn that a reaction could be delayed. How New York reacted to the Nikkei's 1,353.20-point or 4.15 per cent plunge to 31,263.24 would provide some indication of how the
      4,538 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 708 18  -  By Lim Mui Khi CLOB INTERNATIONAL dosed lower across the board on higher volume yesterday. The UOB OTC Index ended 5.88 points lower at 981.44 while the Business Times Composite Index was down 8.60 points to 1,357.90. Turnover on the over-the-counter market was
      708 words
    • 2935 18 Cf'» Gr's 1989/90 Tel Ijut Vol Day I jst Quote Di* I*v YTd Net M Cap High Low Code Company Sale +or(TOO) High Low Buyer Seller CVr P/E Smil HONGKONG STOCKS 102 92 1418 CDL Hotels Intl 92% -1 720 93% 92% 92% 93% 1246 Cathay Pacific 1000
      2,935 words
  • 896 18 Company Expiry/ Coupon Conversion period Interest Conversion tern (or oat ordinary maturity <%) payable share date Causeway loan 1994 6 d« 31 Causeway Nt 1994 Oct 2. 1989 to Oct 20, 1994 1 warrant plus SI cash or 1 warrant plus SI nominal amount
    896 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3270 19 MBT THE Kuala Lumpur stock market weathered the 1,353-point drop on Tokyo to close marginally easier in cautious trading as a late bout of bargain hunting trimmed earlier losses. Dealers said investors were initially keen to take up positions, but the severe fall on Tokyo sparked off
      MBT  -  3,270 words
  • BT SHARE INFORMATION SERVICE
    • 675 19 *hil>p»ri ttirliT r H Y r Cm Mod Date Tt* N*t EPS Grow fW mwMKtd mdh( (cants) *r pre* last i*m («00) MT Intenm Jan 27 Jun 90 1696 100.0 516 firiM fin Final Fet> 22 Dec 89 U171 Ma Final Feb 28 Nov 89 39.1 10.0 11.728
      675 words
    • 578 19 Current Ex Bm4u Date Tatel far TaUl ter IMymMt date cteM payakte tte« yMr lact yaar Asean Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C Avtno 15*TE Feb 28 Mar 12 May 15 25*TE 25*Tl BAT 90.9*(n) Apr 6 Apr 19 May 3 122 7%(«) 72* Bouiteid
      578 words
    • 352 19 Company Rights Issue MM One-tor tour M$2 40 per share Eitote Mar 8 Books ctosc Mar 22 Acceptance t Payment WVA Basteadco One-tor three $115 per store Ei-date Jan 19 Books dose Feb 1 Acceptance i Payment Mar 19 CtC Two-tor five J2 10 per store Three warrants
      352 words
    • 222 19 Company Rights Issue fytb One-tor-one 11.85 per share 0 HdAy tssuc ol 27m loan stocks «i the ratio of *3 loan stock tor every ortknary shares held FMX One-tor-one M$0 60 per share Faber Merto One-tor-one M$0 25 per share, toiowed by a share swap of Sve Faber
      222 words

  • REGIONAL STOCK MARKETS
    • Heavy index-linked selling fiiels plunge in Tokyo
      • Article, Illustration
        1064 20 HONGKONG 1 share prices yesterday eased in reaction to a 4.15 per cent slide in Tokyo stock prices. The Hang Seng Index ended 15.07 points lower at 2,871.39, after recovering from an afternoon low of 2,862. "I suppose people just realised that Tokyo is still Tokyo, and that funda-
        1,064 words
      • Article, Illustration
        756 20 TOKYO SHARES dropped more than 1,300 points yesterday, to close with their third biggest one-day point fall in history. Heavy index-linked selling, especially in the afternoon session, fuelled the decline. Selling of stocks spurred sharp declines in the yen and bond prices. "Investors just surrendered," said a trader at
        756 words
      • 98 20 MANILA share prices yesterday closed generally easier because of profit-taking but key issues remained firm, pulling up the composite indices. The Manila Stock Exchange Composite Index rose 22.41 to close at 1,150.74. The combined volume at the two bourses fell to 630.79 million shares valued at 157.23 million pesos
        98 words
      • 213 20 THAI STOCKS firmed yesterday as investors shrugged off decisions to raise the ceiling on lending rates charged by commercial banks and to boost minimum wages, brokers said. "The market has already discounted the lending rate and minimum wage hikes and their announcements have a somewhat bullish psychological effect because
        213 words
      • 73 20 THE NEW ZEALAND share market yesterday inched down a fraction in minimal and directionless trade where falls outpaced gains by 18 to 15. Brokers noted no overwhelming opinion either way saying players were happy to sit on the sidelines ahead of today's economic statement which is expected to
        73 words
      • Article, Illustration
        488 20 AUSTRALIA'S sharemarket closed firmer in the face of heavy falls in Tokyo's Nikkei Index. The All Ordinaries Index ended the day 10.2 points up at 1,594.7, but off the day's high of 1,604.5 reached in early trading. "The market ended (firmer) as predicted but may have kicked on a
        488 words
      • 251 20 SEOUL stocks rose in thin trading yesterday on cautious optimism that the new economic ministers would take steps to boost the country's slowing economy. The Composite Index closed at 839.42, 4.29 points up from Saturday's close. Turnover was 153.9 billion won compared with 126.4 billion on Saturday's half-day trading.
        251 words
      • 366 20 TAIWAN stocks closed lower yesterday as investors lest confidence due to the island's unstable politics. The weighted index fell 135.05 points, or 1.2 per cent,' to end at 11,369.69. Turnover was, NTS 114.1 billion against NTS 123.18 billion on Saturday. Dealers said a massive pro-democra-cy demonstration in Taipei on
        366 words
      • 60 20 PRICES on the Jakarta Stock Exchange closed mixed yesterday, bringing the Composite Index 1.53 points higher to 583.16, and turnover rose to 2.94 million shares from 1.18 million on Friday,' the exchange said. Insurance firm Ramayana listed its two million shares, but only 2,700 shares were traded. It closed
        60 words
      • 106 20 Reuter BOMBAY share prices ended mixed innervous trading yesterday as investoa kept to the sidelines on budget day foi fiscal 1990/91, ending March 31. Brat* kers said automobiles, pharmaceuticals consumer goods and textile shares wenj sold by investors on fears the budge, may be harsh on these sectors. But
        Reuter  -  106 words
  • Page 20 Advertisements
    • 72 20 Spetiw rlwt il bhhbh I K J m~~i t H 11 $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
      72 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 457 21 Reuter THE East German Conservative Party victory in Sunday's poll pushed the mark higher in Tolcyo, but dealers say further strong gains by the West German currency will be hard to come by right away. Technical factors, as well as the view that the
      Reuter  -  457 words
    • 371 21 Reuter TAIWAN'S Central Bank governor on Saturday vowed to keep monetary policy tight and the foreign exchange market stable. "We will maintain a stable foreign exchange policy and never let speculators have their way," Central Bank governor Samuel Shieh said. The Taiwanese dollar has
      Reuter  -  371 words
    • 387 21 Reuter EUPHORIA following Sunday's East German elections combined with doubts about the political stability of Britain's Conservative Party caused sterling to lose nearly three pfennigs against the West German mark yesterday from New York's close on Friday. "Sterling is the weakest currency in
      Reuter  -  387 words
    • 172 21 Reuter THE Bank of Japan (BOJ) has not changed its basic monetary policy stance, according to a senior BOJ official yesterday. "We are carefully watching the situation," he said, adding that the BOJ should consider the international implications of its policy actions. He said the BOJ
      Reuter  -  172 words
    • 379 21 FOREX MARKET REPORTS WITH HOPES of an increase in the Bank of Japan discount rate dashed again, the Nikkei index reeled from its third steepest one-day fall yesterday, sending the US dollar to a three-year high against the yen. The US dollar closed at 153.55 yen
      379 words
    • 1153 21 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/int Vol Mar 90 91 49 91.49 91 48 91.49 556 9024 7256 Jun 90 91.31 91.33 91.30 91.30 8446 ***** 6952 Sep 90 91.20 91.22 91.18 91.18 1023 4268 1619 Dec 90 91.05 91.08 91.02 91.02 429
      1,153 words
    • 395 21 Cross rates Mar 19 USS SS M$ Dm Yen SFr AS NZS USS 1.8720 2.7150 1.6850 152.55 0.6190 1.5045 1.3289 1.7050 SS 0.5342 1.4503 0.9001 0.8149 0.3307 0.8037 0.7099 0.9108 MS 0.3683 68.95 0.6206 0.5619 0.2280 0.5541 0.4895 0.6280 Dm 0.5935 I.I 110 1.6113 90.53 0.3674 0.8929
      395 words
    • 568 21 Interbank rates S$ Bid Offer Overnight 6 1/8 6 1/4 1-montn 6 3/16 6 5/16 2-month 6 3/16 6 5/16 3-roonmth 6 1/4 6 3/8 Overnight mode: 6-1/16 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 3/8 8 1/2 2 months 8 7/16 8
      568 words

  • COMMODITIES
    • 511 22 AFP OIL INDUSTRY officials, traders and market analysts on Sunday predicted a continued steady short-run erosion of world market crude oil prices despite a weekend pledge by Opec to reduce the organisation's output from recent high levels. One senior Western oil company
      AFP  -  511 words
    • 463 22 COMMODITY REPORTS GOLD closed firmer in Hongkong yesterday on Japanese buying and US shortcovering. A US$4OO-403 range is expected later in New York. Bullion firmed to U*****.50/402.00 an ounce from New York's U*****.50/400.00 close on Friday. Local gold rose HK$2l to HK53,739 a tael. Coins were
      463 words
    • 346 22 Reuter THE EUROPEAN Community looks set to reap another bumper cereal harvest this crop year in spite of efforts to limit production, grain experts say. A plentiful harvest could keep a lid on prices, irritating farmers. It could also heat up trade
      Reuter  -  346 words
    • 143 22 AFP INDONESIA'S state petroleum company, Pertamina, has asked a Japanese consortium led by Mitsui and Co to provide US$l.7 billion for part-financing of an ethylene plant project in Indonesia. Mitsui officials in Tokyo said yesterday that the consortium was likely to cooperate
      AFP  -  143 words
  • 1418 22 Rubber Mar 19 Mtt kalm) S cents/kg Noon Close Int I RSS Prompt 153.00/154.00N 154 00/155.00 Int I RSS Apr 90 *****/156.50 157 00/157 50 Int I RSS May 158.50/159 00 159 50/160 00 Int 2 RSS OP 151.50/153 50N 152 00/I5400N Int 3 RSS OP 146.00/148.00N 146.50/148 50N
    1,418 words
  • Page 22 Advertisements
    • 433 22 NOTICES UNITED INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) LOST 3HARE CERTIFICATES Applications have been made to the directors of the abovenamed company to Issue duplicate share certificates In place of the following share certificates which have been reported lost or destroyed: No. of aharaa Certificate No. Name
      433 words
    • 299 22 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OP ROSANDREA SHAWAB MANUFACTURING PTE LTD (la Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be
      299 words
    • 15 22 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 1044 23 rtj Fitfrt ETA FWUrt ETO _W Abu Dhabi GA893 1235 GA892 0035 K GA881 1435 GA886 2210 KMaii* SQ226 1910 QF82 2200 K GA893 1235 GA892 0035 K !505 KL838 2150 SQ23 1810 SQ24 2230 Attorn SQ29 0705 QF16 1820 0A471 2215 rTailil—d SQ388 2000 lalnto
      1,044 words
    • 804 23  -  LETTER FROM WIMBLEDON By Christina Lamb Andy warhol would have been proud of the scene. At the foot of a huge yellow grinning Buddha at the shrine of the Wat Buddhapadipa is a tray laden with pink extra soft toilet rolls, a box of teabags
      804 words
    • 153 23 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4040 1.4240 Canadian dollar 1.5640 1.5840 NZ dollar 1.0830 1.1230 Sterling pound 3.0050 3.0350 US dollar ***** 1.8790 Local dollars to 100 units of foreign currency Austrian schilling 15.30 16.30
      153 words
    • 124 23 Duration Title Venue Oipaiw Td Duration Title Venue Otpnaer Td Mar 21-26 Mwc F«r Frankfurt Messe (49)69/***** Apptonce de Bflbo. Frankfurt Frankfurt GmbH International tW- F H-»« Bo4ugm. Hanover lui a £2* Mar 25-21 International Munich Modc-Wochc- (49)89/*****0 F..~Winn (S4M/3222I65 Fashion Fair Munchen GmbH Apr 5-23 International
      124 words
  • Page 23 Advertisements
    • 59 23 ATT XJF The business person's choice every Tuesday. IV I |A \f f 3 Thursday, Saturday and Sunday. Leaving Changi I|l V I »V Airport at 21:55 hours and arriving al La \f V JL n Guardia or Newark International Airports the C*il yonr irtvti dgml or Air aruuU ml
      59 words
    • 107 23 FOR IMPORTERS AND EXPORTERS. < SHIPPING TIMES covers all aspects of c A local and international shipping (except, of course, the really technical aspects). The emphasis is on news that is likely to affect the Business Times reader. Covering the latest trends in the shipping markets, we also carry up-to-date
      107 words
  • Page 23 Miscellaneous
    • 133 23 28 possibly (11) YESTERDAY'S SOLUTION imimhi 11 Figure it isn't right when 50 (5.6) Wfl^j^sT^MPlLli^MM 2 Arbiter in dispute? Smooth performance call- BdmeßifflKinNfeMiMel Cheese it! (7) ing for a meda i 6<4) I|eM^pWeMeP^l[aJ^ 3 Comes in a tea-chest indi- yj opposite num- l o M*M*lul2]T[a R |E||| E )PPI vidually
      133 words
    • 230 23 Singapore OUTIOOK: Showers over a few areas in the afternoon Report for 24 hours prior to 7.30pm on Mar 19 at the airport. Max temp. 33.7 Assoc humidity 53 Min temp 25.4 Assoc humidity 84 Hrs of sunshine 10.70 Rainfall in mm. Nil Rainfall this mth 91.2 Rainy days this
      230 words
    • 22 23 f r ft wy teiATiowSY4iP\ P®OU rtrr J V^ ,TH lS (r,R|V ogpeß:.... J V —-—\r C EVEMNO «TANOAW) CO. LTD.. ItU-lIN
      22 words

  • 190 24 Reuter JAPANESE Premier Toshiki Kaifu, under mounting pressure from the US to act quickly on trade problems, has said that the openness of the Japanese market is becoming "increasingly apparent". In written remarks published by a Manila newspaper yesterday, he said: "The Japanese market has
    Reuter  -  190 words
  • 208 24 AFP THE INDIAN government has earmarked US$9.2 billion for defence in fiscal 1990-91, up US$6OO million from last year. Finance Minister Madhu Dandavate told Parliament yesterday, "The increase in the defence expenditure is not of our choice. It is a direct result of the situation
    AFP  -  208 words
  • 325 24  -  By Jayiram Menon ABACUS Distribution System, the Singapore-based computerised reservation system (CRS) company, will move a step closer to becoming a global CRS when it establishes a new CRS venture in Japan with All Nippon Airways (ANA). The new Japanese company
    325 words
  • 343 24  -  By Harish Mehta THE CONCEPT of developing regional defence cooperation without having to form a defence alliance was discussed by Philippine Secretary for National Defence General (Retd) Fidel Ramos and First Deputy Prime Minister and Defence Minister Goh Chok Tong yesterday. Defence cooperation without
    343 words
  • 232 24 Bernama DEFENCE Minister Tengku Ahmad Rithauddeen said yesterday Asean member countries were committed to the realisation of the Zone of Peace, Freedom and Neutrality (Zopfan). "Asean and especially Malaysia is very much committed to Zopfan and wants its character to remain un- changed," he
    Bernama  -  232 words
  • 345 24 AP LATVIA'S independenceminded People's Front emerged victorious yesterday after the republic's first free elections in 50 years. But initial results showed it failed to achieve a parliament majority needed to press for independence. Reformists claimed many victories in runoff elections held
    AP  -  345 words
  • 212 24 SARAWAK hopes to attract 15 per cent to 20 per cent more visitors from Singapore this year over last year's 10,000, Sarawak's Minister of Environment and Tourism Datuk Amar James Wong Kim Min said last night. He was speaking at a dinner hosted by
    212 words
  • 617 24  -  The Bottom Line By Kenneth James The writer is BT's Economics Correspondent INFLATION is threatening to get out of hand, warned economist and Parliamentarian Augustine Tan last week. His warning, however, begs a more immediate concern: if inflation does begin to take hold in the
    617 words
  • Page 24 Advertisements
    • 41 24 •jSjl —RENTAL iJB SITE OFFICE HH SOON LI CABIN Si wm *****67 Appeasing the US, Pg 9 it 6mwe< ||j Ample Parking at the carpark behind Wtf our restaurant (next to Capitol Theatre). Sjx iS* 55 HILL ST. (Opp. U.S. Embassy)
      41 words
    • 157 24 EXTErfsiorj w; 542 5168 i Kgy* J Fish NEW ZEALAND (Brown Rainbow Trout, Salmon) For only US$4OO per day (Min. 2 Days) PRICE INCLUDES: Transport from Chnstchurch. 2 DAYS Fishing with accommodation at lodge All Meal*. Liquor. Experienced Guide. Rod Reel with Fly and Fishing Licence Trolling Special US$3OO tor
      157 words

  • SHIPPING TIMES
    • PORT SIDES
      • 85 25 AFP THE SCANDINAVIAN Airlines System (SAS) company and Its partner Thai International are to set up a joint air freight operation between Scandinavia and Bangkok from March 25, SAS said. The airline, which is jointly owned by the governments of Denmark, Norway and
        AFP  -  85 words
      • 106 25 Reuter C ITOH AND CO LTD and Japan courier company Footwork Corp will join South Korea's Hanjin Group in forming an Asian high speed delivery service this spring, a C Itoh spokesman said. The new service, called Footwork Hanjin Express, will begin with deliveriee
        Reuter  -  106 words
      • 91 25 Reuter KAWASAKI KISEN KAISHA Ltd (K Line), a leading Japanese shipping firm, has launched its own agency operation in the US to tighten control over its intermodal services. K Line said in a statement. K Line launched K Line America Inc, a wholly-owned
        Reuter  -  91 words
      • 99 25 AFP THE 36,000-MEMBER National Railway Workers Union started a 72-hour strike beginning at midnight on Monday in Chiba prefecture to protest a government plan to fire 800 workers. The strike could affect 85,000 travellers in the prefecture east of Tokyo. Meanwhile, the 750-memb9r'National Railways Chiba
        AFP  -  99 words
      • 135 25 Reuter GATX CORP's QATX Terminals Corp subsidiary said an ocean-going tanker unloading cumene at the company's Philadelphia terminal spilled about 1,000 gallons of the solvent early on Saturday. By early afternoon on Sunday, more than 90 per cent of the spill had been cleaned
        Reuter  -  135 words
    • 927 25 Poge Column ABC Containerlme Thirteen 5 Accord Shpg Ten 3-5 Albotros Sea-Air Seven 5 A PC line Seven 5 API Five 3-5 AFS Thirteen 3 Arrow lines Nine 5 Asian Express Six 4/5 ANl Three 1/2 ASCI Five I AvoM Shpg Una Six 2/3 Bolt Canada line
      927 words
    • 265 25  -  By JEAN FOONG THE SINGAPORE National Shipping Association (SNSA) is looking into its members' complaints about the poor quality and undersupply of bunkers by suppliers in Singapore. An SNSA source says the association is still "in the process of conducting surveys" and
      265 words
    • 349 25  -  By OTHMAN ABU BAKAR THE IPOH Cargo Terminal (ICT), which opened for business last November, is fast gaining popularity among shippers in Perak. Forty-five shipping lines are using it compared with only 14 lines registered during the first month of operation. Those known
      349 words
    • 250 25 AFP CHINA WILL increase investment in its overworked railway system this year by 1.25 billion yuan (US$265 million) to 12.2 billion yuan (US$2.6 billion) in a bid to ease transport pressure, Railway Minister Li Senmao said. Mr Li, quoted by
      AFP  -  250 words
    • 901 26 Will new communications technology widen or close the gap between the Third World and the developed nations? Education is the key and a new course at the World Maritime University in Sweden aims to provide it. Ocean Voice THE WORLD Maritime University in
      Ocean Voice  -  901 words
    • 265 26 AFP DEMAND rose in most major loading areas of the tanker market over the past week, and rates climbed beyond expectations, London brokers E A Gibson said on Friday in their latest report. The single voyage market was boosted by an improving period market, on the back of
      AFP  -  265 words
    • Ships in Port
      • 1701 26 AT rAklllCftlTIAUAl IUUADUE6 booogi >11/90 M28 X 03/0700 X 03/ 2300 wUHTEH I IwnHL nriAnVCO D»l««a 121 06/90 M2A X03/ 0700 2003/ 2300 Hong Woo« TOM MM 2003/ 1500 2103/ 1300 Vmn) Voy No B«f1h Arrival Daparlura m«a i70«/ isis *04/06® lob«t»ri 4/90 MMA 1903/ 1700 19 03/ 2200
        1,701 words
      • 286 26 Port Klang South Fort Hua Yun 4 berth 2; Million No 3 berth 4; Sri Arika berth 5; Bunga Setawar berth 7A; Megah Brooke No 1 berth 7A KCT: Thana Bhum berth 8; Sea Ranger berth 9; Kh Romas berth 10 North Point KLD Tunas Samudra berth 11; Ananger
        286 words
    • 738 27 THE FERTILISER sector dominated interest in the dry cargo freight rate market on Friday. where several vessels were chartered by the Indian government, brokers said. Over 100,000 long tons of di-ammonium phosphates were secured out of the US Qulf at rates between U5545.50 and US$47, while a vessel
      738 words
    • 170 27 Feb 6-Apr 20 SFFA Standard Trading Conditions glvaa an overall perspective of theee conditions, conductad by tha Slngapora Fralght Forwardars Association. Tha Manager, SFFA, 7500 A Baach Road, #13-314 Tha Plaza, tal no MtiHf •PrWtw Fab 7-Jun Saa Transport covars transport goograpby, llnar and tramp shipping, conductad by
      170 words
    • 6765 32 Ai*iwmn LJ Bontang. OJaeagetrl. March 16/22 Ming Progrooe. Yang Ming Lin*. March 20. Ever Qrouo. Evergreen, March 21. Bonoldor, Trtot, March 21<P1Q. Kamakura. Trtot. March 22. Lata* Maorak. Moorak Una. March 22 VHto da Jupiter. CM O'Affretament. March 23. Noreeie Singe. Noroele/SooLond.
      6,765 words
    • 2878 33 Who acts for whom A B Accord Mm Accord Shpg P» Ltd (8)/Accord Contr Lin* (M) Sdn 8M IPK)/Accord Contr Lin* (PQ) Sdn Bhd (PN) ABC CmWnUm NV KYC Um (S)/Henown Shpg (PK/PN) Ahrenkid LMer Kim Shpg A Trdg (8) AMeßoe Bm-Air Service Fr*u Shpg PM LM (8). APr*d C
      2,878 words
    • 220 38  -  By AL O LABITA THE PHILIPPINES' finsnclal-ly-beleagusred cargo handling contractors and operators can now heave a sigh of relief. The Philippine Ports Authority (PPA) and the Board of Investments (BOI) signed a memorandum of agreement last Friday granting cargo handlers tax-free importation of capital
      220 words
    • 212 38 Reuter STOLT TANKERS and Terminals haa opened a regional storage and distribution terminal for north-west Europe in Rotterdam. The terminal is an arrangement between Matex Nederland BV, a unit of Van Ommeren Ceteco and Stolthaven BV, a unit of Stolt Tankers. The arrangement provides
      Reuter  -  212 words
    • 136 38 Reuter JAPANESE and Soviet aviation authoritiee have agreed to increase the number of flights over Siberia effective from April 1, a Japanese Transport Ministry spokesman said on Friday. The agreement waa reached after three days of taika in Tokyo. The agreement allows Japan to
      Reuter  -  136 words
    • 259 38 Payload Asia AIRBORNE Freight Corporation, which operatea under the trad* name Airborne Express, hat significantly strengthened its preeence In the region through the formation of a joint venture with Japan's Mitsui and Tonami Traneportation. Mitsui and Tonami will also inveet US$4O million
      Payload Asia  -  259 words
    • 156 38 AFP WIDESPREAD aerial sesrehee began at first light ysstsrdsy for two veeeels missing off ths Weetern Australian coast. The Federal Sea Safety Centre named the misaing vessels as the 94,000-ton Psnsmsnisn bulk ors carrier, Alexandra P, and an Indoneeian fishing boat. The Alexandra P
      AFP  -  156 words
    • 235 38 AFP STATE-RUN INDIAN AIRLINES has banned cargo from its passenger flights to and from Kashmir to prevent bombings by Muslim militants campaigning against Indian control of this northern state. Federal intelligence officials in Srinagar said the decision to stop carrying freight was taken
      AFP  -  235 words
    • 117 38 SOVIET shipowner Sovcomflot, which has moved 14 vessels to the Cyprus flag, is ready to switch the flags of other vessels in its 120-plus fleet "in case of necessity". Although there are consid- erable operational savings to be made by
      117 words
  • Page 25 Advertisements
    • 33 25 ftBSTgH A lively HHHNHway w 'th mm words I AwlsWs sf a" I good bookshops Fvctaral Publications For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
      33 words
    • 18 25 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National yJSSiffcJ Shipping Association.
      18 words
    • 269 25 How to look after @3j2§ AtxiUbk icwcty at mqfor STP Distributor* bookshops tmdnsw* stsmds H We operate 34 separate services in a worldwide liner network. Our ships make E J I re 9 ular direct ***** to 198 ports in 123 countries And with hub terminals at jj/ I Singapore,
      269 words
    • 138 25 INSIDE New course at WMU THE WORLD Maritime University in Sweden has unveiled a new initiative designed to introduce the full potential of modern communications techniques to a much broader audience and in particular to shipping industry executives from the developing countries. Page Two Relief for cargo handlers THE PHILIPPINE
      138 words

  • Page 26 Advertisements
    • 71 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.
      71 words
    • 89 26 Contact telephone numbers (Tanjong Pagar Terminal) Section 1 Section 2 Section 3 Berth telephone Berth telephone Berth telephone CI *****20/*****92 C 4 *****24 C 8 *****63 CIN —*****20 C 5 *****43/*****45 C 9 *****84 CIS —*****92 CSN *****43 CIO —*****70 C 2 *****51/*****53 CSS *****45 CI2 *****54/*****42 C2N —*****53 C
      89 words

  • Page 27 Advertisements
    • 1664 27 %l||f# 200 Cantonmant Road #12 05 SoutHpant. Singapore (HOB All If/ Tel *****11 TELEX NO RS IffTTTIII TERMINAUCFS Tal *****11 220 rBS9I BOOKINGS Tal *****34 235 L COOOf J pesaka jardine shipping agencies son bmo k2wU PORT KE LANG TEL *****11 TEl£> PENANG TEL *****4 TELEX NO MA***** CFS TEL
      1,664 words
    • 2167 27 Vmml Voy "eta Tiro -Port 'Penang DESTINATIONS v Singapore Kelang TMa week La<M U Feed* by cv 2tvk o*oo mrs m ftco s MB IH BSIH M HMI era WV9O I*oo HRS M Tauro OAK LQB HOU MEM ATI. IMA CHS SAL PHL NYC MON TOM LEOA M 9004 27/3
      2,167 words

  • Page 28 Advertisements
    • 1073 28 I I"" ~~~I ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENALDER 94/534 21/3 23/3 10/4 12/4 14/4 15/4 17/4 KURAMA 04/533 22/3 15/4 10/4 12/4 9/4 15/4 BENAVON 93/537 28/3 30/3 17/4 19/4 21/4 22/4 24/4 TOKIO EXPRESS 92/536 29/3 23/4 17/4 19/4 18/4
      1,073 words
    • 668 28 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT BANGLAR MOOKH 23/3 3/4 6/4 13/4 19/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO BANGLAR MOOKH 23/3 3/4 6/4 13/4 19/4 Ag«nts: SINGAPORE: *****00 «i BOOKINGS: *****08 V®* *"A. 03-*****25 JOHORR* 07-2.1 M 1 1 PENANG: 04-*****7 07 *****2^ NORTHBOUND TO
      668 words
    • 1429 28 Eg amwj&stiwi &xms, REGULAR FUU. CONTAINER SERVICE I WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LMA (VIA (VIA (VIA MjD HAM) ROT) NORASIA SINGA 9003-3 23/03 27/03 09/04 14/04 16/04 19/04 21/04 22 -04 23/04 24/04 S/M NORASIA AL MUNTAZAH 9004-3 30/03 03/04
      1,429 words

  • Page 29 Advertisements
    • 1414 29 BjgSteamers Maritime Holdings Ltd O STRAITS SHIPPING Containers S*part P.KJaaf IM »pprpTt 01 IF Hit BENALMR njß am Mt U|M W 1W w AWtriS lAJI RURAMA 22ffi IW IH) 1W not 1«M CARGO w 22 22 2Z ,TA W ,A lta *P»n TOlaL MY 04* N/04 w W M< aw
      1,414 words
    • 1743 29 TO; EUROPE tq far east SP 111 m NM IK fU SPORE HK KAO Bu CNOYANC PARK 007* 2*3 I*4 14/4 I*4 17/4 I*4 CNOYANC SUCCESS 0071 2*3 29/3 31/3 HAMJIN OAKLAND 007* 31/3 I*4 I*4 »< !W W NANJIN TOWCHAE 072E 2*3 1/4 1/4 *4 CMOYAMC SUCCESS 00B* 7/4
      1,743 words
    • 321 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN SEKI COSMIC STAR MATSUYAMA PIONEER VOY HO 111 V« 4 S port In Pt 29/3 30/3 P. Ktlang 22/3 31/3 Ponang Hong Kong 4/4 Yokohama 10/4 13/4 Nagoya 1/4 11/4 Osaka 6/4 9/4 Sanboku Kashima Funabashi •For Discharging Only
      321 words

  • Page 30 Advertisements
    • 619 30 :(iDIHn IRANIAN SERVICE Singapore Loading for:IRAN TEVFOURI 27/3 Banda Abbas IRAN SO KAN 20/3 Banda Abbas jfc—l UM If Maim) II WIST COAST/MEXICO/CENTR/U. AMERICA CONTAMQt »VICE HKC L« ENSCNAOA I.CAR DC MAS ICRUZ MAHZANILLO BONTMUCY V-m 2*3 12/3 W 11/3 a/3 2*4 TtKUCA Vlt M 0 22/4 24/4 2K 30H
      619 words
    • 739 30 6?s HANJIN afIPPWG I FULL CONTAINER SERVICE IS'port I LtHavre R'dan H'taff llukwi fee DC* Wl SM LIM MAUL UK OAK 24/3 11/4 12/4 13/4 15/4 16/4 HAKUSAN II M W H CHEJU OSK IW ISM 31/3 11/4 19/4 20/4 22/4 23/4 MAMJIN TOHCKM 07K *3 H 2j 7/4 I
      739 words
    • 64 30 SOON KIAT SHIPPING PTE LTD LJim 3 SHENTON WAY #20 0506 SHENTON HOUSE REGULAR SERVICE TO E. M'SIA SPORE Maju Yong Hua 05fl0 Bintulu/Miri/K BeUit 211Q3 Sri Pujut OS/SO Bintulu/Wri/K Bel Jit 74/03 Sww Am Situ 02/10 Port KaUnf 17f13 *?0 torn **X ton* h«ivy lift re#f»f urjoti A 20"
      64 words
    • 1426 30 i -J .T-J 1 -J -TT^^ IPKL SGP HW KC Kit NJ i! 0« TTO Wl l*V Ml M FU »-I EVt* GIANT Z2fl ZI/3 27/3 24/3 3« 2/4 4>4 4/4 1/4 WIVS 1M 17/5 U/SM/412A8 EVER GENTRY »/3 *V 3 W *4 4/4 LW IW4 IVS W ZVS M/
      1,426 words

  • Page 31 Advertisements
    • 1320 31 PACIFIC INTERNATIONAL LINES (PTE) LTD —z-~- Jv K JBfll PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL w* SIN XKT SIN VESSEL VOV SIN BKK SIN ffSl-Aurr "2 22 M MAI Hl* MN 21 a 34/3 28/3 MAJAPAHIT SIASB 23/3 23/3 KOTA SJMGA
      1,320 words
    • 711 31 EXPRESS CONTAINER SERVICE TO UK/CONTINENT f» P* I HO* HAM I HAW* ROAM HAVRE Iwm oa W KH UK w UK 1» W IW W UK W w B*nj.or 2M »3 l» I* M ffl» W rJ-T.r-. no www ww rich, M M WWW WW hX, ivrm* it* WWW WW
      711 words
    • 459 31 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSNIP SERVICE VSL/VOV STORE ROAM/ H'tURG BREMEN ANTWERP ADAM L J BONTANC/2MBB U-2Z/3 21/4 24/4 17/4 21/4 KUTAI/I9M VWI 4/S Ifi Uft S. fAWIAWC/lIW 4-M Iff Iff Iff Uff MA TAR AM/JEWS 24-27/4 W 77/5 Mff W FAST TRANSIT TIME ACCEPTMQ BREAKBULK/CONTAM4ERISED CARGO But>t>ct to MuMMMnt
      459 words
    • 510 31 tegK MYANMA. FIVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon), S'pore P.Kelang Penang Bangkok ME It GUI V/KW 23/2S MAR PATHEIN V .00* 24/31 MA* PAGAN VS4W 31 MAR THE BANK LINE (A service of Andrew Welr Shipping) SEMI CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA
      510 words

  • Page 32 Advertisements
    • 335 32 M WEEKLY STRAITS/MADRAS CONTAINER SERVICE 1 DAILY LCL RECEIVING AT OWN CFS I PENANG VESSEL P.KELANG SPORE MADRAS (FEEDER) LEUVE 9120 Sid 23/3 IE $LD ME LITA V 9006 23/3 24/3 30/3 Jt 23/3 LEUVE 9121 29/3 3/4 23/3 BOOKING: MACOLINE S'PORE *****11 PK (03) *****77 PEN (04) *****6 A
      335 words
    • 345 32 Ahyundai MERCHANT MARUE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC IBM OAK SO FROM PSW LBH OAK SEA HKC SIM HYUNDAI INNOVATOR 1U 2303 21/03 1104 15W 2204 LALANOIA 2JW IMB 2202 2VQ2 IVO3 2203 HYUNDAI EXPLORER 3003 05/0* Z304 2104 21®4 HYUNDAI CHALLENGE* 111
      345 words
    • 99 32 CROWN&PACIFIC FREIGHT PTE LTD LCL CONSOLIDATION SERVICE USA ETD SIN SEATTLE 23/3 PORTLAND 23/3 SAN FRANCISCO 23/3 LOS ANGELES 23/3 SAN DIEGO 23/3 OTHER 23/3 ROTTERDAM 24/3 HAMBURG 24/3 BREMEN 24/3 LE HAVRE 24/3 ANTWERP 24/3 FELIXSTOWE 24/3 OTHER 24/3 CCNIfi) Compart 1a Chilena dt Nivcpcioi lutrrucraiuca S.A. TO SOUTH
      99 words

  • Page 33 Advertisements
    • 729 33 WT WEEKLY FCL/LCL TO: FAR FABT JAPAN EUROPE FIJI ISLAND —25/3 TOKYO —29/3 LE HAVRE —26/3 LAUTOKA —30/3 KEELUNCf YOKOHAMA —29/3 ROTTERDAM —26/3 SUVA —30/3 MANILA KOBE —29/3 UK PORTS —26/3 BANGKOK —2§/3 AUSTRALIA HAMBURG 26/3 SSU US rjjg ■TISjTJ P&aiDuldi<r 1 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY wwwia "Twjuw wwwa
      729 words
    • 8 33 Ttw comptoto Shipping List will b« published tomorrow
      8 words
    • 600 33 Nedlloyd Lines. I l s?r* tAHO r s s .r I N. RodMtar/MK lII* IV* »W 11/4 13/4 11/4 \H 1/5 W 4/5 TIM 22M ZV» N. Bmnoflfo K/4 21/4 ifi M/ 4 77/4 IS/5 22H W» m g* -V ■>-■ s :t. N I VESSEL Sm Pkg Br-ltar* S
      600 words

  • Page 34 Advertisements
    • 1062 34 -B" VOY *INDO 'PK/PNG [sCP LB CMLS NFK NYC HFX I NEPTUNE GARNET 25 19/3 20/3 22/3 14/4 24/4 26/4 2M I OOCL FAIR U 26/3 27/3 29/3 21/4 1/5 3/5 5/5 I RAINBOW BRIDGE 23 2/« W VJ 10/5 12/5 I OOCL FREEDOM 30 9/4 10/4 12/4 5/5 22/5
      1,062 words
    • 686 34 lETD SIN (i DAY) Ml DAY) '.('OAY) MENA/ w 23/03/90 ii-BB PORT KELANG PENANG BANGKOK IVICTORl VICT0R *TWfICE/WKLY ETD SIN (3 DAYS) ♦(2 DAYS) ~1 ♦(1 DAY) BOOWN^OJOACT 22/03/90 HONG KONG KAOHSIUNG KEELUNG —A. TWICE/WKLY TTD SIN ,6 DAYS) (1 DAY) (4 DAYS) WjjjttjfcCginaCT V 22/03/90 BUSAN l-AN,LA NAGOYA SERENE/SITI
      686 words
    • 270 34 ioOtmnemaa rsctnc Shipping jr" TIMBER PLYWOOD SERVICE TO U.K./CONTINENT WW S PORE PK LOADING FOR TAIPAN SM SW RDM/ANT/FLU/UK ARTEWSION SW SETE/RDM/ANT/FLUfUK BYRON V IV4 1914 21/4 ROM/ANT/FLU/NTO/UK Loada Satoh/lndenatU ®MULTIPORT AGENCIES (S) PTE. LTO. TEL; *****77 FAX: 22SJU1 PJL MULTWORT SDN BHD. TEL: matt TLX: MA JST7I MULTftA PNO
      270 words
    • 569 34 /\v?>l GOLDEN LINE \Kiry\ guan guan shipping (pte> ltd J>C4 23, Tatok Apr Strppt SINGAPORE «04 .1 HL SUM at LINCf) f« 90SM STRAITS/PERSIAN GULF SERVICE: S port P. Mmi P*nwi| GOLOEN WONDER C*M**K«acMM» Mw QOLDEN NAVCN Ctkmbo/Kt jcs. Duo. M Apr CHINA SERVICE A VESSEL Hi** 22/24 Mar ■Al
      569 words

  • Page 35 Advertisements
    • 1868 35 y NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) 2: SS. Bookings: UK/EUROPE *****19, AUST/IHOIA/PAK *****18 M JV USA *****16, FAR EAST *****48 Documentation: 2/*****/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA C K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru *****3, *****4 VSL/VOY PEN PKG SGP
      1,868 words
    • 1274 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 ***** ■hm P. HUM MESSRS MAI TMMK SMPPMIC 127 PMMLIMqrM Mfß NAMOUMS SYSTEM CO MM. IMP. I* Mara*
      1,274 words

  • Page 36 Advertisements
    • 721 36 r mnSR-LINFS»^ DSR LINES VEB DEUTRACHT/SEEREEOEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *ICA ANT RDM HBG RST H. CECiaSKI 7W 24/03 0704 IMX W U)W SHU E. THAELMANN V» 0404 18/04 27/04 27/04 29/0* 03/QS RUEBELAND 2flo 14/04 30/04 10/0$
      721 words
    • 1196 36 roc cowvpfnoMAi «ovk» Vmml P. KLC PNC PC. Mill hr TONGCHUAN RattartaayAntwarp YANCCHOAN 2*4 Rattar4a«l/Ajrtwar» cmma wnx coMTAmn wavwr Vmml PKL PNG SPORE BKK HKG SMA QIN ITC WEI HE SO 77/3 25/3 HO *4 I*4 YANG FANC KOU US 31/3 2*3 *4 IIM I*4 2*4 Adapting FCI Cargo for
      1,196 words
    • 251 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOAOING FOR DELI INDAH 24.3.90 25.3.90 PANJANG/PK BALAM NAGA JAVA 26.3.90 27 3.90 PANJANG LAMPUNG JAYA 28.3.90 303.90 SEMARAN6/PANJANG PINANG JAYA In Port 22.3.90 PANJANG/PK BALAM PERITA JAYA 28.3 90 30.3.90 PANJANG/JAKARTA ABAOI JAYA 24.3.90 25.3.90
      251 words
    • 539 36 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES IAFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :22/03, 29/03, 8/4, 13/4 EUROPE 1 :To all inland points: VIA VOSTOCHNY Poland, Bulgaria, Czech,
      539 words
    • 446 36 Ngow Hock Agency Co Ltd BKK (Tel: *****80) I 1 1 1 MM BHUM 440W MX 21/3 St H0 MEKHAWIK KUHAKO 01S MX 21/3 St HP VIM BHUM* CIN TW 22/3 SMU 280 PITA BHUM jjgM fri 23/3 fcw W iiaha Bwim (gw w* an St 31/3 IJIRA BHUW fl»
      446 words

  • Page 37 Advertisements
    • 1176 37 I VESSEL VOY SINGAPORE KHF/DUBAI JEOOAH LANKA RUWAN 4W 26/3 8/4 16/4 I LANKA SRIMATHI 74W 11/4 23/4 3/5 LANKA SRIMANI 76W 20/4 8/5 17/5 I ALSO ACCEPTING CARGO (FCL/LCL) FOR: B A) INDIAN PORTS MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY I B) ARABIAN GULF PORTS I SHARJAH; DUBAI; BAHRAIN; DAMMAM;
      1,176 words
    • 217 37 ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOAOtWQ FO« aram. amimnet T»we urn oaressalaam mombasa mbouti ASSAB MASSAWA MOOEIOAH AB6AY WONZ~ MM I*oB DABESSALAAM MOMBASA OJWOUTI ASSAB MASSAWA. HOOEIOAH PQ MIEN HIIN6 LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy
      217 words
    • 579 37 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEOCR SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS INDONESIA. MALAYSIA A 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 SIN PRELUDE 135S
      579 words
    • 700 37 psm BAY OF BENGAL SERVICES MADRAS CALCUTTA fftKU HT W BAA SIM KTTE RMS 01N90 21V3 2«/3 1/4 KTTE RIIS Q2N9O 1/4 7/4 13/4 *TTE RIIS Q3N9O 13/4 19/4 25/4 MEETE RIIS (WHO MM MM tfi VESSELS VOY SIN CCU SIN INCER RIIS 01N90 25/3 1/4 1/4 INCER RIIS 02N90
      700 words
    • 277 37 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: m.v. "BRUSSEL" V 245 ETA 16/4/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vd Hfi fli Km Ant Fm/Nv U» S'p«r» «mss£L V 3 i«/ 3 tan w vn
      277 words

  • Page 38 Advertisements
    • 943 38 Umtm Inm [v* PNCIPKL |Mnt M f*s SIR I LAX |OAK |HOU DM. |CM/ INORIKM IWYCI OUR NEW USA -*»T» SERVICE CALLS ■UWGA RUTANG yd 17/3 ALLIGATOR HOft VJUP MP M*_ Vl*_ Ul*_ UM_ *4_ a*_ SINGAPORE RUWGA WJTAHC m J4P ALLIGATOR PRIDE V.IBM Z>4S*nH*«M*»42y<a>«P* niPPPT FVPRY runga rutamc V.M2
      943 words
    • 53 38 NEW monthit sama opbutmg MKT SMUMGS FROM SRW/tPORi AND NOW ROM TO PttHC ISLANDS. ML sauM MI SINGAPORE 29/3 APIA (WESTERN SAMOA) 28/4 PAGO PAGO (AMERICAN SAMOA) 30/4 PAPEETE (TAHITI) 4/5 RAROTONGA (COOK ISLANDS) 7/5 NUKUALOFA (TONGA) 12/5 SAVU SAVU (FIJI) 15/5 AGENTS: BEN LINE AGENCIES (S) PTE LTD TEL:
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    • 41 38 IFB INTERNATIONAL FREIGHTB RIDGE PTE LTD 70 Shenton Way Manna House #13-02 Singapore 0207 Tel: *****80(3 lines) Fax: (65) *****96T1x: RS *****1F851N Our FORTE is EUROPE Best freight rates for LCL/FCL Conference, Non-conference. Please call Tel: *****80 (Clara/Daljit/Kristy) 1 w /^JJJ
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  • Page 38 Miscellaneous
    • 136 38 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCtCSO. LEGEND: R Thunderstorm Temperate c ><N. X Weather Wind direction with speed «i|jpots Wave height Cloudy Sky Surfoce winds ore indicated by arrows which Hy with Hie wind Q One hit circle represents calm or light ond variable wmds 1
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