The Business Times, 27 March 1990

Total Pages: 40
1 40 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday March 27 1990 75*
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  • NEWS SUMMARY
    • 52 1 VIETNAM is ready to discuss the Cambodian conflict with China at a meeting in Bangkok. Vietnamese Foreign Minister Nguyen Co Thach told Thai military chief General Chaovalit Yongchaiyudh in Hanoi yesterday that "it would be good also to include the two
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    • 20 1 THE GOVERNMENT is to continue with a multi-agency approach to problems of small and medium-sized enterprises Page 2
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    • 22 1 HONGKONG after 1997 needs to be run along Japanese lines, say key decision-makers in the territory Page 7
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    • 37 1 MALAYSIA must provide the best package of incentives to potential investors to have an edge over its neighbours in attracting direct foreign investment, says an official of Japan's Overseas Economic Co-operation Fund Page 7
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    • 20 1 JAPAN has given the US a list of suggestions to improve the US economy Page 8
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    • 25 1 TALKS began between Soviet military officials and Lithuania's President after Soviet troops took over two communist party buildings last Sunday Page 10
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    • 27 1 TWO NOSTALGIA movies are front-runners for the 1990 Oscars, which were awarded yesterday in a Hollywood extravaganza to be beamed around the world Page 17
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    • 23 1 THE PORT of Singapore Authority is introducing hourly parking for vehicles entering the port from May 1. Shipping Times Page One
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  • MARKETS SUMMARY
    • 32 1 Wall Street stocks opened sharply and broadly higher early yesterday following the overnight rally in Tokyo. The Dow was ahead 20.72 at 2724.55 and gainers far outdistanced declining issues.
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    • 35 1 At about 1100 GMT yesterday, the Financial Times-Stock Exchange 100-share index was up 22.4 points, or one per cent, at 2,306.3, above its morning low of 2,286.3 but below its peak of 2,306.9.
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    • 11 1 UICs profits are following a predictable pattern Page 3
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    • 22 1 GUTHRIE and listed contractor L&M are planning a tie-up for $50 million worth of contracts in Batam Page 3
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    • 27 1 AMALGAMATED Steel Mills is making a takeover bid for Chocolate Products from In-no-Pacific with an offer of M$ 1.45 a share Page 3
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    • 23 1 PT ASTRA International has teamed up with US and Japanese parties to build four major Indonesian hotels. Page 4
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    • 19 1 AMSTERDAM-Rotterdam Bank NV and Algemene Bank Nederland NV are looking into a possible merger Page 5
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    • 17 1 AN ECONOMIST has given the thumbs-up for Singapore's interest and exchange-rate policies Page 6
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    • 29 1 Monday Change BT-MGA 799.80 +12.51 Kuala Lumpur .3,119.08 +43.52 Hongkong 3,014.02 +39.86 Tokyo 31,840.49 +1,468.33 Sydney 1,567.0 -0.4 Friday Change New York 2,704.28 +8.56 London 2,283.9 +25.0
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    • 22 1 Exchange rates USS SSI 8350 Yen (100) SSl.2114 MX SS0.6910 Money market rates Overnight 6 1/8 +3/16 3-month ....6 5/16% 1/16
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    • 35 1 London Gold AM fix US$379.25 -US$14.25 Rubber S'pore April. l55.50Vkg +0.25 M'sia April... 227.50'/kg unch KL Tin Turnover 154tonnes +5 Spot M$l7.24/kg +0.10 Crude palm oH futures Turnover 512 lots +221 April M$698/tonne -2
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  • 364 1  -  By Kenneth James MANY CONCERNS raised in Parliament, such as the increasing cost of doing business or even inflation, should be seen as individual issues to be tackled in a context of successful economic management, Trade and Industry Minister Brigadier-General (Res)
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  • 327 1 A CLOUD hangs over the fate of local share registrar companies with the demand for their services diminishing as the Stock Exchange of Singapore works towards a scripless share settlement system. Officials at the share registrar firms contacted yesterday said while going scripless is a
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  • 229 1 RISING LAND PRICES and infrastructure! problems are forcing an increasing number of Taiwanese investors to relocate their industries from Thailand to Indonesia, The Nation reported yesterday. The report, citing the Board of Trade Bulletin, said that 40 Taiwanese-owned plants had announced that they
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  • 180 1 Bernama MALACCA has turned down a request by a Taiwanese giant to construct a multi-billion-dollar factory there because the state cannot provide the required land. China Steel Mill Corp, one of Taiwan's biggest companies, had asked for about 1,000 hectares of land for its MsB billion
    Bernama  -  180 words
  • 520 1  -  By Magdalene Ng TO GEAR UP for the phas-ing-in of scripless trading on Singapore's main market in April, all investors are asked to open a securities account with Central Depository Pte Ltd, a wholly-owned subsidiary of the Stock Exchange of Singapore, which will
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  • 249 1  -  By Amy Balan IN A TEST CASE that will be closely watched by proper-ty-owning companies in Singapore, the Inland Revenue Department has slapped on United Industrial Corporation a whopping $102.72 million tax bill. UIC is expected to contest that vigorously. Central to the
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  • 173 1 The Straits Times Industrial Index reached a record of 1,604.08 yesterday on the back of an almost five per cent surge in prices on the Tokyo share market. Brokers said the Tokyo market was fuelled by a bull run in the index futures
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  • Page 1 Advertisements
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  • HOME NEWS
    • NEWS ROUNDUP
      • 57 2 THE INTAKE of medical students into the National University of Singapore may be reduced to 150 students this year, noted Dr Wong Kwei Cheong (Caimhill) in Parliament yesterday. This is down from 200 for the years 1982 to 1985. Dr Wong expressed concern that the lower intake
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      • 105 2 THE rising level of government grants for restructured hospitals is puzzling, Dr Aline Wong said in Parliament yesterday. For the Singapore General Hospital, the grant rose from $65.7 million last year to $72 million this financial year, while at the National University Hospital, it rose from $21.6 million
        105 words
      • 60 2 The government will consider a suggestion that the NTIJC Pasir Ris resort be used on weekdays to help alleviate the hotel room shortage, Minister of State for Trade and Industry Mah Bow Tan said yesterday. The suggestion was made by the member for Tanglin Lew
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      • 94 2 THE Skills Development Fund can be used to help in the training of retrenched workers and there have been instances in the past when this was activated. Minister of State for Trade and Industry Mah Bow Tan said yesterday. When the Singapore Bus Service moved
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      • 69 2 THE government will study the possibility or an expanded role for the Science Council to prevent a duplication and non-optimal use of resources among Singapore's five main R&D institutes. Replying to points raised by Dr John Chen (Hong Kah), he said the Education, Finance and Trade
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      • 45 2 SINGAPORE Telecom and the Communications Authority of Thailand (CAT) yesterday signed a memorandum to explore areas for mutual cooperation. The memorandum was signed at Singapore Telecom's headquarters by CAT president Sudhorn Limpisthien and Singapore Telecom president and chief executive officer Wong Hung Khim.
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      • 90 2 SHELL has raised the pump price of its petrol by 1.5 cents per litre. But the price of Shell diesel has been cut by 2.5 cents per litre. While other oil companies have not made any announcement, it is likely they will follow Shell's lead. Shell Super
        90 words
    • 396 2  -  By Kenneth James THE GOVERNMENT will continue with a multi-agency approach to the problems of small and medium-sized enterprises (SMEs) because a single agency, as proposed by some MPs, would be unable to cater to the diverse needs of the SMEs. Minister of State
      396 words
    • 332 2 ACTING Health Minister Yeo Cheow Tong yesterday reassured Parliament that spiralling hospital costs will not deprive poorer Singaporeans of proper medical attention. Health care subsidies as a percentage of GDP for government and restructured hospital; will be maintained, he said, adding that as medical
      332 words
    • 275 2  -  By I Lilian Ang THE building sector staged a strong recovery last year with construction of commercial buildings taking the lead, chalking up $1.1 billion worth of contracts three times more than in 1988. Riding on the back of a 70 per cent rise
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    • 199 2 A TRADE DELEGATION leaves for India early next month to develop and expand bilateral trade with the sub-continent. To be led by the Minister of State (Foreign Affairs) Mr Peter Sung, the mission comprises 38 top executives from 36 companies. They are divided
      199 words
  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 275 3 OtlMr indicts Close Previous Net change Mar 26 Mar 23 Net Change BT Composite 1380.14 1368.24 +11 90 BT-MGA 799.80 787.29 ST Industrials 1604.08 1585.42 8 :5* BT OB/OS +H0 '*J BTCADI 5283 dll t?? RT 10-dav MA -5382 -5393 BT OBV +*****83 +*****08 +***** ST Finance
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    • COMPANY BRIEFS
      • 67 3 KEPPEL Corporation has confirmed a BT report, saying that it was forming an investment promotion company with the Summa and Astra groups of Indonesia. It also confirmed another report which said that Keppel had received US$l2.5 million as an out-of-court settlement in its suit against Elders Pica
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      • 77 3 AMBASSADOR Holdings incurred a loss of $920,000 after tax and minorities for the year ended Dec 31, 1989, against a loss of $4.45 million previously. Turnover dropped 63 per cent to $5.40 million, from $14.64 million previously. After an extraordinary loss of $2.18 million, bottomline loss stood
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      • 59 3 United Engineers (Malaysia) Berhad denied that it has enterdd into an agreement with Malaysian General Investment ;Corporation Bhd or any other party regarding a transfer of its 50 per cent stake in Pati Sdn Bhd. "Our management is also not aware as to the basis upon
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      • 45 3 Hong Leong Credit Bhd has reported a growth of 3.9 per cent iji its group consolidated pre-tax profit to M$ 13.35 million for the six months ended Dec 31, 1989 compared with M$ 12.84 million in the 1988 corresponding period.
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    • 280 3 AMALGAMATED Steel Mills, after buying a 26.5 per cent stake in Chocolate Products from Inno-Pacific, is now making a takeover bid for the confectionary group, at M 51.45 a share. This confirms speculation that Mr William Cheng, the man behind ASM and the Lion
      280 words
    • 555 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh WHY did Guthrie GTS turn down a chance to take over L&M last week when it was practically offered on a platter? It's not everyday that a strategic block comes on the market,
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    • 461 3  -  By Amy Balan UNITED Industrial Corporation, noted for its shrewd trading prowess, has decided to wind up its commodity trading activities following losses sustained from its coffee and edible oil deals. As a result, recurrent operating profit fell 7 per cent to
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    • 364 3  -  By Abdul Hadhi TRADING and engineering group Guthrie GTS, which upped its stake in listed contractor L&M Group Investments recently, is expected to tie up with the latter for projects in Batam worth at least $50 million. BT understands that the negotiations between the two
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    • 322 3 DIVERSIFIED Hwa Hong Corp Ltd yesterday reported a 25 per cent increase in group after-tax profits to $8.65 million for the year ended Dec 31, 1989, and is recommending a bonus issue on a one-for-two basis. The group said that a bonus
      322 words
    • 201 3 HIND HOTELS International Ltd has climbed out of years of red ink by achieving a post-tax profit of 1.24 million for the year ended Dec 31, 1989. Aided by a booming tourism industry and higher room rates, Hind Hotels reported a 138.5 per cent jump
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  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • 187 4 HONGKONG Mktt Close Ope* High Low Volume Change Hang Seng Index 3,014 2,981 3,018 2,981 -t-40 Hang Seng Spot 3,013 2,990 3,017 2,990 771 +39 Close Previous Net Change Mar 26 Mar 23 Hang Seng Finance 2,062.85 2,053.39 +9.46 Hang Seng Utilities 3,692.57 3,643.19 +49.38 Hang Seng
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    • 91 4 YAOHAN Department Store Co Ltd, a Japanese retailer actively expanding its overseas sales network, has signed a contract with Kumagai Gumi Co Ltd, a leading Japanese construction firm, to jointly build a resort in Malaysia, a company spokesman said in Tokyo yesterday. The resort, to
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    • 349 4  -  From William Chia in Jakarta PT ASTRA International, Indonesia's second largest business conglomerate, has teamed up with American and Japanese parties to build four major Indonesian hotels. The hotels, which will be either five-star or four-star hotels, will be built in four
      349 words
    • 244 4 Reuter TRADING in the share of Bond Corporation's 58 per cent owned Bell Resources was allowed to resume yesterday after a three-month suspension. A Perth Stock Exchange spokesman said the decision to reinstate the shares followed a statement from Bell Resources chairman Geoff Hill advising
      Reuter  -  244 words
    • 351 4 Reuter AUSTRALASIAN food group Goodman Fielder Wattie Ltd (GFW) said higher profits from most of its core businesses in the first half fuelled optimism for the second half of the year to June and for 1991. GFW also revealed it had lost A 528.8
      Reuter  -  351 words
    • 141 4 Reuter JAPAN'S Kokusai Denshin Denwa Co Ltd (KDD) and International Telecommunications Development Corp of Taiwan will jointly lay an optical fibre cable to meet increasing communications demand between the two countries, a KDD spokeswoman said in Tokyo yesterday. The 1,7004 cm cable,
      Reuter  -  141 words
  • Page 4 Advertisements
    • 71 4 7.V v J JIB 1 WHO SAID CHAMPAQNE DOESNT TRUFFLE? From March 23 to April 8, dining at Truffles at The Dynasty takes on a bubbly aspect, delight in chamwgne specialities PREBMIED BY WORUWAMQUS CHEFS, ARNOULD AND GRUM&ACH, FROM CHAMWGNE. IN THE GUINNESS BOOK OF WORLD RECORDS AS CREAiORS OF
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    • 141 4 ffrt&ss Jj^j|j£^f Tzif*lrii Place E C? JdUyj -gag jj§ -$Sm 117 A Killiney Road Ttel: *****28/*****21Jig8 interest m Western Australia as an area of potential for business and BuV ig S trade possibilities, the Department of 'JT Trade Development of Western Australia is organising a series df 7-day fully-conducted Business
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  • INTERNATIONAL COMPANY NEWS
    • 435 5 Reuter THE NETHERLANDS' two largest banks, AmsterdamRotterdam Bank NV (Amro) and Algemene Bank Nederland NV (ABN), said in a joint statement yesterday they are investigating a merger. The statement quickly followed suspension of trading in all listed paper of the two banks on
      Reuter  -  435 words
    • 188 5 Reuter COMMODITY trader Berisford International pic is close to agreeing a £100 million management buyout of its UK property development business, a London Sunday Times newspaper report said. The article said the management group, led by the chief executive of Berisford Property, Cyril Dennis,
      Reuter  -  188 words
    • 359 5 Reuter JAPAN'S three largest aerospace companies may get a stake of about 18 per cent in the proposed development by Boeing Co of its 777 jet, an official for one of the Japanese firms said yesterday. "We get a feeling out
      Reuter  -  359 words
    • COMPANY BRIEFS
      • 75 5 SCHRODERS pic, the UK parent company of Singapore International Merchant Bankers Ltd, has reported a 55 per cent rise in after-tax profit to £46.65 million for the year ended Dec 31, 1989. Earnings per share increased 55 per cent to 148. lp from 95.5 p. The
        75 words
      • 90 5 Reuter ISOSCELES pic has ended discussions with food retailer WM Low Company pic over the possible sale of a portfolio of its Gateway stores in the North of England and Scotland. An Isosceles statement said it has decided it is in the best interests of Gateway
        Reuter  -  90 words
      • 100 5 Reuter ELDERS Agribusiness Inc, a unit of Elders IXL Ltd, said it has reached agreement in principle to sell most of its US grain assets to New York-based Continental Grain Co. Continental will buy 12 grain elevators, two railcar maintenance and repair facilities and Elders'
        Reuter  -  100 words
      • 80 5 Reuter WEST GERMAN chemicals giant Bayer AG said its group pre-tax profit rose 8.7 per cent to a record 4.11 billion marks (US$2.4 billion) in 1989, topping the previous record of 3.78 billion marks in 1988. Bayer said group turnover rose 7 per cent to
        Reuter  -  80 words
    • 601 5 AP LEE lACOCCA, the Chrysler -.Corp chairman who's talked rfrankly with Americans for 'years, leans forward and peers over his bifocals. He's just spent 52 seconds 3f national television advertising time emphatically reminding lieutenants in the Chrysler boar room that the
      AP  -  601 words
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  • FINANCIAL NEWS
    • 436 6  -  TAKING fOVFP *L Paul Frankland •Mr Frankland is the Singapore branch manager for Commercial Union Assurance. His views here do not necessarily reflect those of Commercial Union. EVEN the most unimaginative business is well aware of the devastating effect a fire can have. As a result, he
      436 words
    • 272 6  -  By Kenneth James SINGAPORE'S monetary authorities have been "doing fine" in their use of interest and exchange rates to control inflation and promote rapid economic development. Professor Ronald McKinnon, Professor of International Economics at Stanford University, told BT he supported the Republic's policy of
      272 words
    • 80 6 Bernama BANKS, now that they are dependent on computers, need to have good back-up systems to cope with any computer failure, Bank Negara deputy governor Datuk Dr Lin See Yan said over the weekend. A computer failure lasting one or two days could result in serious financial
      Bernama  -  80 words
    • 321 6  -  By Quak Hiang Whai MITSUI BANK, which is in the process of a merger with Taiyo Kobe Bank, has incorporated a merchant banking arm in Singapore. BT understands the new merchant banking subsidiary is expected to open for business after April when the merger
      321 words
    • SMALL CHANGE
      • 97 6 JAPAN will resume negotiations next month with China on implementing a 810 billion yen (US$5.5 billion) loan package frozen after the June 4 Tiananmen incident, the China Daily reported on Saturday. After two rounds of unannounced talks in China in mid-March between Chinese and
        97 words
      • 86 6 NEW YORK-based Morgan Guaranty Trust Co, a unit of J P Morgan and Co Inc, has been reappointed financial adviser to the statutory managers of investment bank DFC New Zealand Ltd. Morgan Guaranty had earlier been hired as an adviser to assist the statutory managers in evaluating
        86 words
      • 56 6 YASUDA Fire and Marine Insurance Co Ltd of Japan has signed a joint agreement with Warta Insurance and Reinsurance Co Ltd of Poland to share information and reinsurance benefits. The venture marks the first agreement between a Japanese and an East European insurance firm. Yasuda is considering
        56 words
      • 60 6 VENEZUELA will make overdue interest payments this week to commercial banks on nearly two-third of its US$34-billion foreign debt. Planning Minister and chief Venezuelan debt negotiator Miguel Rodriguez said that "by the end of the month (the interest arrears) will be covered". Venezuela suspended payments of principal
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      • 2 6 Dollar$ Non$en$e
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  • Page 6 Advertisements

  • THE REGION
    • 372 7 POST-1997 democracy in Hongkong needs to be run along Japanese lines to guarantee a prominent business voice in government, say key decision-makers in the territory, the South China Morning Post reported. A local version of the Japanese Liberal Democratic Party (LDP) has
      372 words
    • 220 7 Bernama MALAYSIA must provide the best package of incentives to potential investors to have an edge over its neighbours in attracting direct foreign investment, suggests an official of Japan's Overseas Economic Co-operation Fund (OECF). Mr Kei Hara, the OECFs chief representative in Kuala Lumpur, said
      Bernama  -  220 words
    • 42 7 AP Mr Butros Ghali, Egyptian Minister of State for Foreign Affairs (left) welcoming Indonesian Foreign Minister Ali Alatas on Sunday. Mr Alatas was scheduled to meet President Hosni Mubarak and Foreign Minister Esmat Abdel-Meguid in separate meetings yesterday. AP
      AP  -  42 words
    • NOTE BOOK
      • 79 7 Bernama MALAYSIA succeeded in attracting Msl2 billion in foreign, capital investments in various industries last year, deputy finance minister Datuk Loke Yuen Yow said on Sunday. Heattributed the success in attracting such large investments to the, confidence investors had in the government's effective economic policies and
        Bernama  -  79 words
      • 99 7 Bernama SARAWAK chief minister Tan Sri Abdul Taib Mahmud yesterday reiterated his call to 43 communist remnants in the" state to lay down their arms and abandon their futile struggle. He also urged their families to intensify their efforts to bringthose people out of
        Bernama  -  99 words
      • 74 7 Bernama THE Malaysian government has given an assurance that none* of the 25,000 National Electricity Board (NEB) workers will be retrenched when it is corporatised on Sept I, NEB general manager Datuk Haji Ibak Abu Hussin said on Sunday. To >r prove its sincerity, the government would
        Bernama  -  74 words
      • 84 7 Bernama EIGHTY-FOUR per cent of tourists to Indonesia in recentyears have been mainly from Western Europe, Japan, Australia and the Asean region. Indonesian director-general of tour-: ism Joop Ave said yesterday this trend was expected to> continue as preparations were being finalised for Visit Indone-, sia Year
        Bernama  -  84 words
    • 331 7 AFP PHILIPPINE President Corazon Aquino urged Congress on Sunday to pass a bill imposing a "sin tax" on liquor, tobacco and soft drinks to help head off a huge projected budget deficit this year. Congressional leaders had previously told
      AFP  -  331 words
    • 176 7 AFP FRENCH car giant Renault is vying to re-enter the Philippine car-manufacturing market, currently dominated by Japanese firms, its Philippine distributor said yesterday. "We are interested in it. We are working on this," said Alix Horeau, chief executive officer of Tropical Automotive Corp, which
      AFP  -  176 words
    • 138 7 AFP THE Manila Bulletin Publishing Corp, publisher of the Philippines' top-selling En-glish-language daily, is scheduled to go public today, making it the country's first newspaper listed in the stock market. The firm publishes the 90-year-old newspaper Manila Bulletin, which claims a daily circulation of 250,000, as
      AFP  -  138 words
  • Page 7 Advertisements
    • 265 7 How to stay on top when you go under the hammer. One may possibly ask what it is that through auction. That's about 50% of the the very creation of that competition are separates the leader in property au- Singapore market. Our success rate, the part and parcel of a
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  • THE WORLD 1
    • 333 8 AP JAPAN HAS GIVEN the United States a list of about 80 policy suggestions to improve the US economy, including a proposal to limit the number of credit cards American consumers could hold, a news report said on Monday. On the list of
      AP  -  333 words
    • 185 8 AFP JAPANESE popular support for Prime Minister Toshiki Kaifu's Cabinet has risen to 45.7 per cent, up nearly eight percentage points over last November, according to a poll released yesterday. Alternately, 30.9 per cent of those surveyed this month said they did not
      AFP  -  185 words
    • 42 8 For the head of the Philippines' Tan Yu group, Emilia Roxas (left), business is never far away from pleasure. In Seoul for her brother's engagement party, she manages to squeeze in a chat with Hyundai chief Jung Yoo-Yong (right).
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    • 408 8 AFP FOREIGN INVESTMENT in China should more than double by the year 2000, the official China Daily said last Saturday, in spite of the weight of Western sanctions and a domestic austerity programme. Chu Baotai, vice-director of the Foreign Trade Ministry's foreign investment section, was
      AFP  -  408 words
    • 212 8 AFP MOMENTUM is building for a merger of Australia's conservative forces following the rural-based National Party's wipeout in Saturday's elections. Opposition leader Andrew Peacock has left the possibility open, saying on Sunday that amalgamation with his Liberal Party was "always a point for discussion." Many Liberals
      AFP  -  212 words
    • 352 8 Reuter SPECULATION in the red-hot South Korean real estate market may force the government to scrap a major part of its ambitious financial reform plan. The government, anxious to crack down on tax evasion and other shady activities, has said it will force
      Reuter  -  352 words
    • WORLD WATCH
      • 78 10 AFP THE SPANISH Socialist Party has lost its absolute majority in Parliament following a by-election last Sunday in the northern Moroccan Spanish enclave of Mel ilia, according to incomplete official returns. With 80 per cent of the vote counted, the conservative Popular Party was leading
        AFP  -  78 words
      • 91 10 AP FRENCH PRESIDENT Francois Mitterrand has singled out a former rival as his likely successor, while urging that the country's wealth be redistributed and praising the parents of a slain girl for helping to combat racism. In a wide-ranging, 80-minute domestic television interview last Sunday, he
        AP  -  91 words
      • 70 10 Reuter HELP from West Germany should enable East Germany's economy to reach a suitable level for membership of the European Community by 1993, West German Economics Minister Helmut Haussmann said. In a radio interview last Sunday, he said West German government aid would be needed
        Reuter  -  70 words
      • 70 10 AFP GHANA is looking for fresh investment to accelerate economic growth and ease debts in the country, which is already earning widespread acclaim for its austerity efforts. Officials in Accra said Ghana's government, which launched an ambitious economic recovery programme to turn around its battered economy in
        AFP  -  70 words
      • 66 10 AFP THE TANZANIAN GOVERNMENT has unveiled new investment guidelines that spell out areas reserved for foreign and local investors. Under the proposals, which are expected to be passed by Parliament early next month, foreign investors will be required to bring into the country at least U*****,000.
        AFP  -  66 words
      • 103 10 AFP KUWAIT has said that it is pulling out of the Council of Arab Economic Unity (CAEU), charging that the 13-member body is burdened by red tape and has not fulfilled its objectives. The decision by Kuwait which supplied a third of the council's budget,
        AFP  -  103 words
    • 386 10 Agencies THREE high-ranking Soviet military officials have started "negotiations" with Lithuanian President Vytautas Landsbergis in the Baltic republic's Parliament building shortly after Soviet troops took over two communist party buildings last Sunday. The Soviet side was represented by two colonels and a lieutenant-colonel at the
      Agencies  -  386 words
    • 278 10 Reuter THE HUNGARIAN Democratic Forum yesterday claimed a narrow lead in free parliamentary elections which sealed Hungary's return to Western-style democracy after more than four decades of communism. Computer breakdowns, poor phone lines and a ban on exit polls delayed any official forecast
      Reuter  -  278 words
    • 169 10 AFP THE SOVIET UNION is delaying paying Japanese trading houses for goods imported from Japan since last October, apparently because of shortage of foreign reserves in the wake of Moscow's liberalisation of international trade. The Nihon Keizai Shimbun, quoting trading sources, said yesterday that delayed
      AFP  -  169 words
    • 28 10 The main souvenirs that Soviet soldiers will be taking home from Lithuania will probably be seized weapons such as this cache confiscated from a local association.
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    • 272 10 AP SOVIET presidential advisers are concerned that drastic proposals to speed the transition to a market economy could cause widespread unemployment and force the government to implement a sweeping welfare programme. A source in Moscow, who is part of a team developing
      AP  -  272 words
  • Page 8 Advertisements
    • 141 8 I ]l 1 PSSBP ITS AN OPEN AND SHUT CASE WHEN DOING BUSINESS. r w When in Singapore on business, the hotel to stay in, without a doubt, is the Carlton. Located in the heart of the city, we are near the business and shopping districts as well as convention
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  • Page 10 Advertisements
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  • Page 11 Advertisements
    • 183 11 OUR DEALERS CAN MAKE FAT MARGINS ON EVERY TRANSACTION. > < 1 r 1 sr>-. 1 BUT ONLY BECAUSE AT&T's TELECOMMUNICATIONS LEAVE NO MARGIN FOR ERROR. Our dealers live to the beat of the US exchanges. Every tremor there can mean big bucks. Or big deficits. Whichever it is depends
      183 words

  • 504 12 EDITORIAL There are two ways to increase sales lower the price of your products or give a higher discount. Three insurance companies, Keppel Insurance, Insurance Corporation of Singapore and Guardian Royal Exchange Assurance, had this in mind when they offered higher discounts to motorists a
    504 words
  • WHAT THE OTHERS SAY
    • 222 12 GIVEN the fluid and dynamic world situation, Singapore is pursuing a "creative and flexible" foreign policy, both to get out of "harm's way" and to take advantage of new opportunities. This was enunciated by Foreign Minister Wong Kan Seng last week. It calls for an active role in
      222 words
    • 133 12 THE GOVERNMENT'S stand has always been clear, a welfare state will foster a crutch mentality. Even so, we should not adopt a lukewarm attitude towards the plight of a small group of families and people who live in want. If the government or members of the public
      133 words
    • 134 12 THE RECORD of the Chinese communist government has been one of bungling inefficiency. The Tiananmen massacre represents another turn of the knife in the back of the body politic. Hard-line central control is fashionable again. Therefore, Deng Xiaoping's exit from the state's powerful Central Military Commission
      134 words
  • REGIONAL VIEWPOINTS
    • 123 12 THE PLANNED DECENTRALISATION of the Employees' Provident Fund (EPF) will begin in Kelantan and Johor in November this year. Deputy Finance Minister Datuk Loke Yuen Yow has said that this programme is expected to be completed by November next year. According to the 1988 annual report of the
      123 words
    • 192 12 THE EXPLOITATION of natural gas potential in Indonesia, its processing into transportable liquefied natural gas (LNG) and its marketing to the Pacific rim countries, Japan, South Korea and Taiwan, could well become a powerful engine of growth that at the beginning of the coming century could push
      192 words
    • 183 12 THE AUSTRALIAN ELECTORATE has declined to give either the ruling Labour Party or the opposition Liberals a clear mandate. After seven years of Prime Minister Bob Hawke, the voters are essentially undecided on whether to give him, or long-time prime ministerial aspirant Andrew Peacock, the chance to form
      183 words
  • 1025 12  -  Brazil has introduced a tough-as-steel economic package to stave off the hour of reckoning. James Brooke assesses the initial impact. James Brooke NYT IN LESS than a week, Brazil's radical attack on inflation has changed the face of South America's largest city Sao Paulo often called
    NYT  -  1,025 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 20 12 DOONESBURY I&SSJSISSaZf ||#i!Kg/S2E2£| I r£i > USCOMZPWm.ANMmOMI- \SAPCKSIW&>TH£ C&CB€a*X)\ CALM &J>IXrr6A6VOU-- J* -I RtAOfS A QUICK PCCWON. A THAT'S CUM' fe?
      20 words

  • ANALYSIS
    • 737 13  -  A study by a Soviet expert in the US Department of Defence says Moscow has plans to work closely with a future Europe. Joseph Fitcnett reports. Joseph Fitchett IHT A CONTROVERSIAL STUDY by a US official says that Soviet leaders hope to see a future
      IHT  -  737 words
    • 1517 13  -  Charles Burress feels that a vital Pacific friendship is at stake as Japan-bashing gets out of hand Charles Burress NYT THE AMERICAN pastime of Japan-bashing has turned ugly and dangerous. The Japanese media speak of a "yellow peril revival" in America. Congressional reaction to Japan
      NYT  -  1,517 words
    • 609 13  -  Politics has in the past badly stunted Hungary's development as a free-market economy. The new regime faces the task of cleaning up after, says Steven Greenhouse. Steven Greenhouse NYT IN SPITE OF two decades of market-oriented reforms that sought to make Hungary Eastern Europe's
      NYT  -  609 words
  • Page 13 Advertisements
    • 92 13 Spend a year in Holland and RVB earn an MBA A unique international one year MBA programme starting every September m either of the tallowing three specializations industrial policy and strategic management accounting and finance management information systems Write or teiex tor more information to Director, the Netherlands International Institute
      92 words

  • FOCUS 1
    • 597 14  -  Wang Laboratories seems to have a good chance of winning its battle against bankruptcy, says Jeffrey Tsang INNOVATION &TECHNOLOGY EDITED BY JEFFREY TSANG Jeffrey Tsang WANG Laboratories founder An Wang died last Saturday of cancer. He was 70. But while the founder and chairman
      597 words
    • 682 14 Move over, steel here come composites NYT FROM the outside, today's cars still appear to be nearly all steel. But about 8 per cent of their weight consists of composites strong, light combinations of complementary substances. I Bumpers, doors, body panels and station-wagon tailgates are afi commonly made from these
      NYT  -  682 words
    • 272 14 THE Singapore Computer Society, which held its AGM last Friday, re-elected Wee Tew Lim as president. In his review, Mr Wee said 1989 was a successful year. The society took over the role of administering the Singapore examinations of the British Computer Society and the Institute of Certified
      272 words
    • 846 15  -  Suntory outlines its plans in the region, using Cerebos Pacific as its springboard. Koichi Ishiyama reports for B T Koichi Ishiyama SUNTORY Ltd, Japan's biggest whiskey distiller which has announced its planned purchase of Singapore's Cerebos Pacific Ltd, is planning to use the newly-found
      846 words
  • Page 14 Advertisements
    • 177 14 JEWELLERY 'J AEaEfIS je 1 9 Oh darling, just too much! Ill RICHARD H ROY EASTERN WATCH PAN SINGAPORE GEM i HOUSE OF HUNG^B that's what /oA/ /ife jeweller. soon goldsmith^m^7, r SINGAPORE GEMS/METALS CO jA 0 E TRE WATCHES LA RICHE JEWELLERY 8 U L G A R I
      177 words

  • Page 15 Advertisements
    • 159 15 This announcement appears as a matter of record only. A ASIAN OCEANIC HOLDINGS LTD US$ 23,000,000 Revolving Note Issuance Facility LEAD MANAGERS Osterreichische Landerbank AG, Hong Kong Branch The Bank of Kuwait and the Middle East K.S.C., Kuwait The Commercial Bank of Kuwait S.A.K., Kuwait The Gulf Bank K.S.C., Singapore
      159 words
    • 66 15 Jjf Ik Ml tlifenl J^^mL pilnjrii IJi Wt POLITENESS The cultural heniage of China The spirit of Shang Palace •*2i*r 0 Enter the moongitc. relax amidst attentive service and savour the taste of authentic Cantonese cuisine. Pnvate rooms p| are available on request Q ShangriLa hotel Call 734 4805 or
      66 words

  • Page 16 Advertisements
    • 204 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot. fEiWlr^ Spicv Szechuan dishes served at lunch and dinner dailv in the cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338 8585 ext *****/6. "W The Wistin Piaza
      204 words
    • 370 16 Smoking hot curry claypots spice up the poolside menu Treasured recipes from our Singapore chefs are used fo highlight the poolside menu. Spicy and mouthwatering curries are offered daily by the poolside on the fifth floor of Regency Terrace from 11.00 am till 9.45 pm. All daypots are served with
      370 words
    • 205 16 HAWKER 31 MAR Lunch Dinner only Adult: $15.50 Child: $10.00 Cafe Plaza <tI StM an z^ss& Served mghtfy from $15.00 Adult $1050 Child Al prioas aro Mi>tacl to 10% mrska charge A 4* Foe r~.rv.tion., oil 297-2828 Ext 8353/4 v*«^w flrt SINCAfORf 390 Victoria Street, Singapore 0718 A dazzling Food
      205 words
    • 200 16 I F R/E The accent is on France this month at the famed Belvedere Lunch Buffet. 67 tonguetwisting and mouth-watering French speciali- B ties await you at our tables. Come and savour. H French Buffet Lunch S Mar 1 31. Noon 2.30pm Adult: S36++, Child below 10: $18++ B We
      200 words
  • Page 16 Miscellaneous
    • 459 16 TELEVISION AND RADIO CRT 19 930 The Dlscmwry Preramme Sis Qiwtoi (Cartoon). RUBINF9S <?N ftAP*Q Menuhin in East Germany s££SaK £3r"~ the Spot. Most of Kevin's important acting audition, a J-J® 7.10 am, 935**, I.3tp», trying to get window in near- pim»iwinL 5.30pn, JJSmk Financial News The Great Davs of
      459 words

  • LIFESTYLE
    • 502 17 A rundown of the nominations for the Academy Awards, which will be shown on SBC 5 tonight AFP TWO nostalgia movies are frontrunners for the 1990 Oscars, which were awarded yesterday in a Hollywood extravaganza to be beamed around the world. This
      AFP  -  502 words
    • 379 17 Give your dog more bite brush his teeth! NYT WHEN the veterinarian says it's time for the dog's dental checkup, certain questions inevitably arise: does a dog get cavities? Does a dog need to brush every night? Does a dog need to floss? Does a dog need braces? The answers
      NYT  -  379 words
    • 272 17 Agencies THE widow of Christy Brown, the Irish author and artist whose triumph over severe cerebral palsy is chronicled in the Academy Awardnominated film My Left Foot, was apparently one victim of the Oscar ticket squeeze. After learning through reports in the Irish
      Agencies  -  272 words
  • Page 17 Advertisements
    • 267 17 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
      267 words
    • 165 17 THE CARLTON BRASSERIE AIWAYS MAKES GOOD BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin and Prawns
      165 words
    • 365 17 I The art of doing business. j Fourchettes Business Lunch. At Fourchettes Grillroom, one of Singapore's finest business lunches awaits. The freshest oysters. Goose Rillettes and other appetizers. T. J Main courses from the Grill, or Roast US Prime Rib from the Carvety.« Accompanied by the most exquisite Desserts, leas
      365 words

  • SPORTS
    • SIDE LINES
      • 108 18 AFP TH£ West Indies fast bowlers were responsible for a spirited fjgfyt back in the third test yesterday at the Queen's Park Oval in Trinidad where England were bowled out for 288 after losing their last eight wickets for just 93 runs. The West Indies
        AFP  -  108 words
      • 73 18 AP DALLAS' Herb Williams stole the ball from Detroit's Isiah Thomas and fed Derek Harper for a lay-up with eight seconds remaining in overtime, capping a rally that gave the Mavericks an 98-96 victory over the Pistons. Sunday's setback was th« third straight for the defending NBA
        AP  -  73 words
      • 98 18 AP THE JMew York Rangers moved within two points of their firet division hockey title in 48 years on Sunday as Kelly Kisio and Mike Gartner each scored twice in a 7-3 victory over the Philadelphia Flyers. The win gave the Rangers 83 points, their
        AP  -  98 words
      • 59 18 Reuter LEAPING Australian players including Wallaby captain Nick yesterday roundly condemned the postponement by3^ e International Rugby Board (IRB) of a decision on changes to amateur rules. The Australian Rugby Football U«ion appealed for calm saying a breakaway from the IRB, wl«ch some players suggested
        Reuter  -  59 words
      • 64 18 AP CHfNA and Italy will jointly sponsor a 6,000-km car and motorcycle rally along China's Great Wall in September, organisers said yesterday. About 350 competitors in 100 racing airs and on 150 motorcycles are expected to participate in the Sfep 1-15 event, said Zhang Yaorong,
        AP  -  64 words
      • 74 18 Reuter MARATHON runner Robert de Castella was appointed director of the government-financed Australian Institute of Sport yesterday. "Robert is a great Australian who typifies the determination and maturity we respect in our sporting heroesj' said Ted Harris, chairman of the Australian Sports Commission, announcing the
        Reuter  -  74 words
    • 366 18 AFP ANDRE AGASSI learned from a loss to Stefan Edberg two weeks ago and evened the score in Key Biscayne, Florida on Sunday with a four-set victory to win the International Players Championship. "Today, I didn't want to force the points like in Indian Wells," Agassi
      AFP  -  366 words
    • 91 18 AP ALL eight seeds, including No. 1 Ivan Lendl, have received first-round byes for the six-day Volvo of Chicago Tennis Tournament, officials said on Sunday. The tournament gets under way today with eight first-round singles matches. Lendl will not play his first match until tomorrow
      AP  -  91 words
    • 227 18 AFP AYRTON SENNA could only curse his bad luck after losing his hometown Grand Prix to arch-rival Alain Prost in Sao Paulo on Sunday. The Brazilian, with yet another display of breathtaking ruthlessness, was heading for his second win of the season when he ran into
      AFP  -  227 words
    • 385 18 AP ROBERT GAMEZ thought he'd have to get into a playoff to win the Nestle Invitational. He didn't. Gamcz trailed Greg Norman and Larry Mize by one stroke as he prepared to hit his second shot on the final hole on Sunday, and knew he couldn't
      AP  -  385 words
  • Page 18 Advertisements

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4509 19  -  By Lim Mui Khi INSTITUTIONAL and retail investors appear to have returned to the market with a vengeance. Yesterday, share prices made a strong rally, pushing the Straits Times Industrials Index past the 1,600 resistance level to a new high. Dealers said buying
      4,509 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 3680 20  -  By Lim Mui Khi SHARE PRICES on Gob International, the over-the-counter market, closed higher across the board yesterday, with the UOB OTC Index up 5.47 points or 0.56 per cent to 989.39. The Business Times Composite Index, which tracks both Singapore and Malaysian counters,
      3,680 words
  • 890 20 (ornpaay Expiry/ Coupon ConTenioa period Interest C oavmion term far oae ordinary maturity payable fhare toe CaMwiy Lmh 1994 6 Qtcjl f nil) m 1994 Oct 2, 1989 to Oct 20. 1994 1 warrant plus $1 cash or 1 warrant r ptus $1 nominal
    890 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3376 21 MBT IN SPITE OF a hefty 1,468-point jump in the Nikkei Index yesterday, investors were not particularly keen to show strong support on the Kuala Lumpur stock market, causing prices to close only marginally firmer in quiet trading. Dealers said there was some caution in the Kuala
      MBT  -  3,376 words
  • BT SHARE INFORMATION SERVICE
    • 561 21 SlMgipere Stacks Last FuM Year Company hrtod Date Year MIPS to Net vnawctd «ndh| (cents) to profit bit r<« (WOO) BMT fotenm Jan 27 Jon 90 169.6 100.0 516 'Man Final Feb 28 Nov 89 39.1 10.0 11.728 Team Uy F«* Mar 3 Dec 89 1.7371 IO« Cawt
      561 words
    • 746 21 Cwnat Ex Bulu Date Total tor Total tor pjyiMfft dsts cltii piytM# tlM ytir ft&st ytir l«m 15*TE Fab 28 Mar 12 May 15 25%TE 25%Tl BAT 90 9%(n) Apr 6 Apr 19 May 3 122 7%(n) 72% Bauatead 51(1) Apr 18 May 4 lun 7 5% 151
      746 words
    • 320 21 Company Rights Imn MB One-tor tour MS2 40 par Ave b-date Mar 8 Boots ctose Mar 22 Acceptance I Payment HYA OC Tw-ior-ive $210 par share Three warrants lor every 10 eustrf shares held at SO 48 per «arrwt Ei-datr Feb 7 Books dose Feb 19 Acceptance 4
      320 words
    • 217 21 Sebnger Dredging Berhad: EGM at TingKat 18, West Block, Wtsma Seiangor Dredging 142-C Jalan Ampang, ***** Kuala Lumpur on Wednesday, Mar 28, at 11am. Unpa Development Berhad: EGM at Cempaka Room, Mezzanine Floor, Hotel Equatorial. Jalan Sultan Ismail, ***** Kuala Lumpur on Wednesday. Mar 28, at 3pm. tat*
      217 words
    • 145 21 BT Composite Index ST Industrials Index 1990 h*t 1402 22 (6/2/90) i&?2R 1990 tar 1307.35 26/1/90) J J* J** 1989 1322.00 (28/12/89) J* «776 1989 tow: ***** (4/1/89) »J* 030 (tt/89 1988 Mc *****6 (8/8/88) W® H 77 7 tW/88) 1988 tow: ***** (4/1/88) 1*« 833.61
      145 words

  • REGIONAL STOCK MARKETS
    • Tokyo shares post second highest one-day gain
      • Article, Illustration
        0 22
        0 words
      • 991 22 A SURGE of early buying which pushed Hongkong's Hang Seng Index through the psychologically important 3,000 barrier showed no signs of petering out and the blue chip gauge closed 39.86 points higher at 3,014.02 yesterday. M Attention is returning once again to blue chips. In the past two weeks
        991 words
      • 645 22 TOKYO share prices yesterday surged to close with their second highest oneday gain ever, fuelled by a bull run in the stock index futures market, brokers said. "People are unsure about choosing sectors so they just buy the futures," said one foreign trader. Futures rose first, allowing chances to
        645 words
      • 454 22 THE SECOND HIGHEST one-day gain in Tokyo share prices helped the Australian market recover from a weaker start yesterday due to nervousness stemming from uncertainty about the outcome of Saturday's federal election. Brokers said the Australian sharemarket closed steady on thin volume with the All Ordinaries Index 0.4 point
        454 words
      • 233 22 SEOUL STOCKS drifted lower in thin trading volume yesterday as investors stayed on the sidelines in the absence of fresh news. The composite index closed at 834.54, down 2.86 points from the previous session. Turnover was 146.5 billion won compared with 233.8 billion in the previous session. "Investors have
        233 words
      • 204 22 ACTIVE bargain-hunting pushed Thai stocks sharply higher in active trade yesterday with construction and finance issues leading the rally. The composite SET Index rose 14.87 points to 818.00. Advances led declines by a ratio of 10 to three with turnover rising to 1.97 billion baht from Friday's 1.78 billion.
        204 words
      • 390 22 TAIWAN STOCKS ended higher due to a technical rebound yesterday but dealers said low turnover indicated many players were still taking a cautious view. The weighted index gained 245.22 points, or 2.4 per cent, to finish at 10,546.01. Turnover was NT595.33 billion, the lowest figure during a full weekday
        390 words
      • 82 22 MODERATE foreign buying of selected Philippine shares pushed some prices higher yesterday after the withdrawal of plans by some oil companies to raise petrol prices, brokers said. The Manila Stock Exchange composite index rose 14 points to close at 1,129.45. Commercial issues gained but mining issues declined due to
        82 words
      • 79 22 THE NEW ZEALAND share market posted its sixth successive decline on slim volumes yesterday, continuing its trek towards the post-1987 crash low of 1,625.77. 'There didn't look to be a single order in the whole market. The turnover was so small that it's dangerous to make great pronouncements,"
        79 words
      • 57 22 SINGER INDONESIA dominated Ja- karta stock trading yesterday with 2.% million of its shares traded out of a total turnover up sharply to 5.86 million, from I.BS million on Friday. Prices end-, ed mixed. The composite index gained. 4.85 to 596.73 from the officially corrected close of 591.88 on
        57 words
      • 97 22 BOMBAY share prices closed mixed' yesterday after a strong opening gave way to scattered profit-taking just before the dose, brokers said. The market will*' be dosed today for a Hindu festival.*' Trading resumes tomorrow. "The underlying sentiment was bull--ish in spite of the late selling," one broker said. He
        97 words
      • 206 22 Hongkong Sino Land 0.48 +0.01 0.485 0.475 ***** San Miguel 4.15 unch 4.175 4.15 150 Shaw Brothers 3.90 +0.05 3.925 3.85 236 Summa Promet 0.148 unch 0.149 0.147 4220 Sino Realty 0.45 +0.01 0.455 0.445 7584 Sins Tao 2.15 +0.075 2.15 2.10 452 St c l u <. 3.10 +0.025
        206 words
  • Page 22 Advertisements
    • 201 22 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but who we don't, you'll know you'll alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots in the dark. Pick
      201 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 331 23 Reuter CHANCELLOR of the Exchequer John Major said he could not rule out a further rise in British interest rates if it is needed to combat inflation. "The possibility of interest rates going up or down is always
      Reuter  -  331 words
    • 209 23  -  By C Dow Bearish. THE US$/A$ chart looks bearish in the medium term. The rise to near 90 US cents in early 1989 and its subsequent fall to around 73 US cents in May that year unfolded a head-and-shoulders formation that portends a minimum objective of
      Bearish.  -  209 words
    • 388 23 Grass rates m«26 USS SS MS Dm Yen SFr AS NZ$ US$ 1.8850 2.7280 1.7170 155.60 0.6256 1.5215 1.3405 1.7227 SS 0.5305 1.4472 0.9109 0.8255 0.3319 0.8072 0.7111 0.9139 MS 0.3666 69.10 0.6294 0.5704 0.2293 0.5577 0.4914 0.6315 Dm 0.5824 1.0978 1.5888 90.62 0.3643 0.8861 0.7807 1.0033
      388 words
    • 566 23 Interbank rates S$ Bid Offer Overnight 6 1/8 6 1/4 1-montn 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-monmth 6 5/16 6 7/16 Owiit> mode: 6-1/8 USS Bid Offer 7 days 8 7/16 8 9/16 1 month 8 5/16 8 7/16 2 months 8 5/16 8
      566 words
    • 363 23 NYT THE US Federal Reserve Board's Open Market Committee is probably not going to approve a change in monetary policy when it meets today in Washington. But a growing number of analysts say the central bank may now be leaning towards its first
      NYT  -  363 words
    • 299 23 THE British pound jumped two pfennigs and 1.5 US cents during early trading in London yesterday with dealers noting a single large order of around £500 million from the Middle East. It surged to 2.7632 marks from an early 2.7425 and previous 2.7435 and
      299 words
    • 1154 23 SIMEX niMffmnii Open High Low Sett E* Vol Oprtnt Voi Jun 90 91.36 91.38 91.35 91.37 2894 ***** 6030 Sep 90 91.25 91.28 91.25 91.28 891 4839 1445 Dec 90 91.08 91.11 91.08 91.11 93 2485 474 Mar 91 91.04 91.07 91.04 91.06 3 329 6
      1,154 words

  • COMMODITIES
    • 464 24 Bernama THE MALAYSIAN palm oil industry should adopt a more interactive and proactive stance with the other constituents of the global oils and fats complex. Malaysian Primary Industries Minister Dr Lim Keng Yaik said at the Palm Oil Millers' Association annual dinner last
      Bernama  -  464 words
    • 478 24 COMMODITY REPORTS GOLD prices closed lower on stop-loss selling from the US, the Middle East and Switzerland yesterday. Bullion ended at USS3B3.SQ/384.00 an ounce against New York's U*****.60/389.10 close on Friday. Local gold fell HKSSI to end at HK53,580 a tael. Coins dropped by
      478 words
    • 267 24 Reuter THE effect of new technology and environmental concerns on the future of oil needs further study, Opec Secretary General Subroto said at the end of a major oil conference over the weekend. "The idea of the meeting was the meeting of minds,' Subroto
      Reuter  -  267 words
    • 194 24 Reuter MALAYSIAN imports of raw rubber more than doubled to 121,706 tonnes in 1989 from 46,718 tonnes in 1988 to meet rising Malaysian processing needs as raw rubber production fell, the Malaysian Rubber Exchange and Licensing Board (MRELB) said in its monthly bulletin. Imports
      Reuter  -  194 words
  • 1412 24 Rubber Mar 26 BmWhMM) Sccnts/kg Noon Close Int I RSS Prompt I52.7VI53.75N 152.5<VI53.50 Int I RSSApr 90 I55.7VIW.25 155.50/156.00 Int I RSS May 158.00/158.50 157.75/158.25 Int 2 RSS OP 151 50/153 50N 151 50/153.50N Int 3 RSS OP I46.0Q/I48.00N 146 00/148 OON Int 4 RSS OP 142.00/144.00N 142 00/144
    1,412 words
  • Page 24 Advertisements
    • 965 24 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF PAINTCARE SERVICES (S) PTE LTD (Incorporated in the Republic of Singapore) (IN MEMBERS VOLUNTARY WINDING UP) At an Extraordinary General Meet- mg of the Members ot PAINT CARE SERVICES (S) PTE LTD duly convened and
      965 words
    • 133 24 10 V bei 1 V to j Retirement I Plant mm ?w youf Nit v-w* I This book I describes a retirement I plan, covering I all aspects: mental I attitude, finance, I health, living I arrangements, I work-paid or I voluntary and I leisure. It offers you I a
      133 words
    • 15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
      15 words

  • THE TRAVEL PAGE
    • 680 25 City Flight ETA Flight ETD Abu Dhabi GA893 1235 GA892 0035 GA881 1435 GA886 2210 Mttokte QF82 2200 towtentom GA893 1235 GA892 0035 Attmn Qf 16 1820 0A471 2215 4„q.i—i Bahrain QF5 2230 BaMkpapan GA525/ 1755 910 Bandar Seri B1421 1100 Bagawaa B1422 1205 B1429 2030
      680 words
    • 685 25  -  REPORT ON BUSINESS HOTELS By Roger Collis WHAT makes the best business hotel? Ask a dozen frequent travellers to recommend a hotel in any city and the chances are you will get a dozen different replies. Just as there's no one true version
      685 words
    • 152 25 As at 3pm yesterday: Ixxal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.398 1.428 Canadian dollar 1.588 1.608 NZ dollar 1.080 1.130 Sterling pound 3.020 3.120 US dollar 1.8800 1.8900 Local dollars to 100 units of foreign currency Austrian schilling 13.40 16.40
      152 words
    • 107 25 Duration Title Venue Organiser Td Duration Title Venue Orgmmer Tej Mar 25-28 International Munich Mode-Woche- (49)89/*****0 Apr 4-8 Housing and Bilboa. Feria (34)4/*****00 Fashion Fair Munchen GmbH Building Spain Intemacional Mar 31- International Ban. Fiera Del (39)80/*****1 Appliance de Bilboa Apr 8 Fair for Leisure. Italy Levante
      107 words
  • Page 25 Advertisements
    • 72 25 Ik k T T/~\ T f Tht business person's choke every Tuesday, IL\ l\ 113 If Thursday, Saturday and Sunday. Leaving Changi I\| I 1/ If Y I II X Airport at 21:55 hours and arriving at La X WW X J X xX Ak. Guardia or Newark Internationa] Airports
      72 words
    • 163 25 HOLE IN THE CHORUS LINE? fUSHgfp a headache for casting agents. Yes, the girl can dance but what does she look like? Confirm v 4 iftr- i BL b m W her place in the Chorus Line with 1 <?v;>-<-Polaroid's Spectra Camera. It gives you V the visual information the
      163 words
  • Page 25 Miscellaneous
    • 267 25 ACROSS 1 What card players could |HH I p I P I H I P I I 6 I be doing at a seance (7,5) Has ever in mind? (4,3,7) g 11 Obviously not being above performer (7) chery jH| iH |H| jflj Afl 14 Like melodies so romantic I^l~~
      267 words
    • 228 25 Singapore OUTLOOK: Showers over several areas ia the afternoon. Report for 24 hours prior to 7.30pm on Mar 26 at the airport: Max temp 33.9 Assoc humidity 60 Mia temp 25.9 Assoc humidity 92 Hrs of sunshine 6J5 Rainfall in uuu Nil Rainfall this mth 94.2 Rainy days this mth
      228 words
    • 44 25 W TC g pu_-i pout llvoovc got mote Ipxpjj nft rcm.r^ BR,STOU) ~Tfe H SWU-**** HO IMC£DTO BE. SO RuO6.J L-Yr'S WW'S fi3B sJfte.J \f _T KHOU) N-L P©Oof\ V i > 1 1 v l 1 1 iwpfl- Butvou Ger \>feOß Pe,RK<T... CBVB»WT*MBMPOatm.««-WM wtv.
      44 words

  • 440 26  -  By Lilian Ang, Sangeeta Mulchand AT LEAST $1 billion could be spent this year and next to build more hotels in Singapore should the state land that the government intends to release through public tenders is taken up. News of
    440 words
  • 205 26 Reuter ANALYSTS revised optimistic forecasts for gold and steeled themselves for a return to last year's bear market as the price of the metal fell nearly US$2O an ounce in Europe yesterday. Gold opened in Zurich at U*****.50 an ounce, down US$5.5O from last Friday's close.
    Reuter  -  205 words
  • 43 26 Mongolians have yet again taken their devolution' to the streets. More than 10,000 people thronged the central Sukhe Bator square in Ulan Bator last Sunday to listen to speeches during a mass protest by the country s opposition groups.
    43 words
  • 290 26 NYT THE SLOWING of the US economy and the continued slowdown in the car industry led to a 3.4 per cent drop in new orders for US-made machine tools in February. It was the third consecutive monthly decline. The US Association for Manufacturing Technology,
    NYT  -  290 words
  • 206 26 Bernama MALAYSIA'S production of crude oil has been raised to 590,000 barrels per day (bpd) since January against an average of 560,000 bpd last year, and is expected to rise by another 30,000 bpd early next year with the coming on stream of
    Bernama  -  206 words
  • 125 26 AFP A FALL in the value of domestic exports caused Hongkong's trade deficit to widen sharply to HK$2.7 billion in February, according to official figures released yesterday. The February deficit was 35 per cent wider than the HK$2 billion figure recorded in the same month
    AFP  -  125 words
  • 241 26 SEVERAL prominent Indonesian businessmen have said they will transfer some of the shares of their companies to cooperatives in line with a recent call by President Suharto, the Indonesian Observer newspaper reported. According to the report, the president of the board of commissioners of
    241 words
  • 503 26  -  The Bottom Line By Margaret Thomas The writer is BT's Day Editor EntrepreNEURSHIP. We've been talking about how to develop it for years. Stirring words were written about it in the report of the Economic Committee. "We have not yet produced sufficient entrepreneurs in new
    503 words
  • Page 26 Advertisements
    • 41 26 DaupHiN l For the life of your back Dauphin (SEA) Pte Ud Lm I Tel: *****00 KH.il i tlftmSidtWOmuf *m Om+Ht CmJ S]3jL Ample Parking at the carpark behind our restaurant (next to Capftol Theatre). 55 HILL ST. (Opp. U.S. Embassy)
      41 words
    • 560 26 I*l ■jF 1 DCIUpHIN SgSf For the life of your bock Douphin (SEA) Pi* Lid T *****00 p f "fc <*fl I j Wfl pti Om+MAC*l Hotel venture, Pg 4 SINGAPORE INSTITUTE OF MANAGEMENT I De Bono on I Creativity and Lateral I Thinking Singapore, May 24 25,1990 I "IN
      560 words

  • SHIPPING TIMES
    • PORTSIDES
      • 117 27 THE US SENATE has com© up with a plan to exempt single skin oil tankers from proposed US oil spill legislation for a 20-year period provided they use the deepwater offshore oil terminal LOOP off the Louisiana coast. It has also proposed that instead of
        117 words
      • 71 27 ITEL CORP OF THE US has bought 35 per cent of Grand Transport Systems, a UK container chassis equipment lessor, for just under US$l7 million to gain access to the European market. The acquisition of shares will provide the financial thrust for GTS, which
        71 words
      • 81 27 THE PORT OF LOS ANGELES handled 168,525 TEUs in terms of marine containers in January this year, an increase of 10.2 per cent from the same month last year. Inbound loaded containers, at 79,566 TEUs, were 10.0 per cent above last year's figure. Outbound laden
        81 words
      • 61 27 AFP THE AUSTRALIAN Transport Department said on Saturday that it was investigating the mysterious sinking last week of the Panamanian-registered bulk carrier Alexandra P off the north-west coast of Western Australia with a presumed loss of 24 lives. A Transport Department spokesman said preliminary investigations
        AFP  -  61 words
      • 74 27 AFP PAKISTANI AUTHORITIES have banned the entry of a ship carrying "hazardous poisonous and corrosive" material from a US-based company, said officials in Karachi. The maritime security agency had been alerted against the vessel's arrival. The director general of the Environmental Protection Agency said
        AFP  -  74 words
      • 61 27 AP THE BODIES OF TWO MEN were found aboard a sailboat that apparently had drifted in the Atlantic Ocean for six months, the Coast Guard reported on Thursday. The 7.9-metre Desir was registered in Nice, France, and the two crewmen were Spanish. The last
        AP  -  61 words
    • 151 27 Reuter SWISS-SWEDISH heavy engineering group ABB Asea Brown Boveri and Zamech, a Polish state-owned manufacturer of marine turbines, have formed Poland's biggest joint venture to date, an ABB executive said on Thursday. Ludwik Appel, ABB's representative in Poland, said the government
      Reuter  -  151 words
    • 239 27  -  By AL O LABITA THE PHILIPPINES is set to ban foreign nationals and entities from directly hiring Filipino seamen for overseas vessels. A bill is now being deliberated by Congress to limit the ship-manning industry to Filipinos. Congressman Manuel Puey, chairman
      239 words
    • 936 27 Poge Column ABC Contained ne Thirteen 5 Accord Shpg Ten 3-5 Albotros SeoAir Seven 5 A PC line Eight I API Five 3-5 AfS Thirteen 3 Arrow tines Nine 5 Aston Express Six 4/5 ANl Three 1/2 ASCI Five I Avon! Shpg line Six 2/3 Bolt Conado
      936 words
    • 426 27  -  By JEAN FOONG THE PORT of Singapore Authority (PSA) is introducing hourly parking for vehicles entering the port from May 1. From that date, the URA coupon parking system for cars and motorcycles will apply to Tanjong Pagar Terminal (TPT), Keppel Terminal, Marina Wharves,
      426 words
    • 398 27  -  By OTHMAN ABU BAKAR THE MALAYSIAN government intends to continue enforcing the 10-year-old cabotage law despite recent calls by certain quarters that the policy be relaxed. Abdul Hashim Mohamad, an official of the Domestic Shipping Licensing Board (DSLB), said the continuation of the
      398 words
    • 238 27 MALAYSIAN offshore vessel owners need a fairer and more efficient offshore industry for it to develop properly, said Othman Oarus, the director of Wira Swire. Only with such an improvement can shipowners avoid current problems, which include a short tendering time for offshore
      238 words
    • 735 28 Journal of Commerce BETWEEN snow flurries, Eugene Pentimonti walked out onto an American President Lines Wharf, where an alien-looking antenna had just sprouted from a container crane. Sunlight glinted off the tiny gold antenna as the crane picked up a 40-foot container. A
      Journal of Commerce  -  735 words
    • 251 28 AFP THE UNCONCLUSIVE outcome of the Opec meeting in Vienna and the consequent softening in crude oil prices destabilised tanker rates over the past week, London brokers E A Gibson said on Friday. In their latest report, they said that most owners of large crude carriers loading in
      AFP  -  251 words
    • 327 28 Financial Post CANADA'S federal and Newfoundland governments are calling for nearly half of the C 55.2 billion Hibernia rig to be built on the island in an effort to make the province an offshore rig-building centre. Energy Minister Jake Epp confirmed that a secret package given
      Financial Post  -  327 words
    • Ships in Port
      • 2213 28 AT CONVENTIONAL WHARVES VnmI Voy No BarihArrival Dapartura K appal Wharvaa Anonoi 9002 «4 2700/ 1500 Bongtor Moo* 001ES KI7 alongvd* 27 03/0300 Ivor Kotono 4 K29 olonflwJ* 2603/ 2349 KoKj Batl> W S88 K32 alongwfc 2603/ 2100 Koto Mofi e 842 K33 alongvd* 28 03/ 0600 Pri*c«n 9
        2,213 words
      • 206 28 Port Klang South Point: Aditya Vaibhan berth 1; Agamemnon SB berth 3 KCT: Singapore Glory berth 8; Asian Princess berth 9; Thana Bhum berth 9; Equator Pride berth 10 North Point Silviasky berth 12; Bangpakok berth 13; KRK berth 14; Kang An Kou berth 16; Kin Line No 1
        206 words
    • 905 29 CHARTERING was active on the dry cargo freight market on Friday, with rates on a number of key routes easing, depressing the spot BFI. Brokers said shipowners were having to fix vessels at lower rates then previously, with fixtures in the key grain sectors, as well as coal
      905 words
    • 6063 34 AARHUS Jutiendie. ScanOutch. March 27. Benavon. Trlot March 28(PK). Toklo Expraea. Trtot. March 29 Anna Ma.rsk. Maerak Line. March 29 Noraala Al Muntazah. Noraela/SeeLand. March 31 Kutal. Oiasagetri March 31/Aprll 4. Ever Qallant. Evergreen. April 2. Ming Hop*. Yang Ming Llna. April
      6,063 words
    • 3107 35 Who acts for whom A B AeMrt Mff Accord Shpg PM Ltd (SV Accord Cootr LiM (M) Sdn Bhd (PK)/Accord Contr LIM (PO) Sdn Bhd (PN) ABC ClMaMarffwi NV KYC Llm (S)/Renown Shpg (PK/PN) Adkrta Mmn CwnrHw PtMppMi C*furc* Shpg Trdg P*. (MM AhrenkMi Umt tank* Kim Shpg 4 Trdg
      3,107 words
    • 405 40  -  By AL O LABITA THE STATE-OWNED but pri-vately-run Manila International Container Terminal (MICT) has gained headway in drastically scaling down the turnaround time of foreign vessels. From a previous high of 19.5 hours, the average inport time of vessels is now down to
      405 words
    • 316 40 CONCERNED over the rising number of containers stolen, the port of Los Angeles has stepped up efforts to deter such cargo thefts. "Over two million containers moved through the Port of Los Angeles in calendar year 1989 and a total of
      316 words
    • 298 40 AFP THE TONNAGE of merchant shipping built worldwide last year rose 21 per cent over the 1988 level, with Japan and South Korea remaining top of the list, Lloyd's Register of Shipping said on Thursday. A total of 1,593 vessels totalling 13.2 million
      AFP  -  298 words
    • 289 40 Reuter FINLAND'S PARLIAMENTARY Ombudsman has asked the police to investigate whether state officials acted in violation of their duties before the collapse of Wartsila Marine Industries Inc last October. A statement from his office said Ombudsman Jacob Soderman was looking into four
      Reuter  -  289 words
    • 144 40 AFP JAPAN'S NIPPON CREDIT Bank Ltd is holding talks with Kurushima Kosan Co to restructure some two billion yen (US$l.3 billion) in shipbuilding debts, a bank official said on Friday. But the official refused to comment on a report that some 30 creditor
      AFP  -  144 words
    • 102 40 JAPAN'S Sanko Steamship will start VLCC operations with the charter of the 232,378 dwt Ambra Whaler at the end of this month. The vessel is owned by Norwegian Ambra Shipping, which bought it from Navix Line. The Ambra Whaler will be Sanko's
      102 words
  • Page 27 Advertisements
    • 82 27 SSWEE HENG METAL CO PTE LTD 13. TUASAVE 14 SINGAPORE 2263 TELE* «S ***** SHMCPL TEL: 861 5855 (slin»«| TELEFAX M 1 2946 N |>Vw *-'«*.<>( *Xl T'li lllfcv T T T J S\}k\ II I ill f *Jno«-50 lonn«« I. 7 viTiTi nMnnu i Container Han4lts and StiN* <
      82 words
    • 17 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • 330 27 ■BBSjjjSft A lively PIIIIP way with MIS words Aim****** good bookahop* Fsdsral PubMcatkww INSIDE Electronic tags and sensors BY MAKING it possible to track APL's 150,000 containers with extreme precision, electronic tags and sensors are expected to make it possible for the major trans-Pacific carrier to move 10 per cent
      330 words

  • Page 28 Advertisements
    • 74 28 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 contactMr.
      74 words

  • Page 29 Advertisements
    • 1716 29 JARDINE SH PP NG MWOfS m %%llf# 200 Cantonment Row) #12-06 Southpo.it, Sinppore 020) \ll If# To) *****11 TELEX VfffffH TERMINAL/CFS Tel *****11 220 rBMMrj BOOKINGS Tel *****34 235 L WWQF M PESAKA JAROINE SHIPPING AGENCIES SON. BNO PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO
      1,716 words
    • 2080 29 VaaM 4 Voy I ETA I ETO 'Port Pwinj 1 DESTINATIONS I Singapore K«4»ng Thit Mer* M Closing TMw Feeder by cv v* 0400 HAS Fareo 4 CFS M Taoro OAK LOB MOO MEM MIA CHS BAI PHL NYC MOW TOR UARit u 9004 3/4 4/4 29/3 131/3 21/4 23/4
      2,080 words

  • Page 30 Advertisements
    • 1086 30 1 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE 3ENAVON 93/537 28/3 30/3 17/4 19/4 21/4 22/4 24/4 rOKIO EXPRESS 92/536 29/3 23/4 17/4 19/4 16/4 22/4 rOLAGA BAY 09/540 4/4 6/4 24/4 26/4 28/4 29/4 1/5 HAMBURG EXPRESS 96/539 5/4 30/4 24/4 26/4 23/4
      1,086 words
    • 633 30 SOUTH PACIFIC SERVICE SIN POM lAE SUV PPT CAPE MALEAS 2S/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO CAPE MALEAS 25/4 29/5 1/6 4/6 6/6 AfMflts: fsi/siei/WII SINGAPORE: *****00 c BOOKINGS: *****08 JOHORE: 07-*****2 A PENANG: 04-*****7 NORTHBOUND TO UKC I S PORE IRDM/A'DAM HBG
      633 words
    • 1370 30 HI mwuußxm, sjanti REGULAR INDEPENDENT FUU- CONTAINER SERVICE WESTBOUND FOR EUROPE tVSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LMA (VIA (VIA (VIA v ALG) HAM) ROT) NORASIA AL MUNTAZAH 9004-3 31/03 04/04 16/04 21/04 23/04 25/04 26/04 27/04 21/04 29/04 30/04; NORASIA SAMANTHA 900S-3 06/04 1104
      1,370 words

  • Page 31 Advertisements
    • 646 31 |tH SABRE LINE-aww""!*""®" 116 VESSEL/VOYAGE IMPORT EXPORT SYD MELB SGP BKOK SGP SYD MELB J: OINOKENTIY KOCHNEV VOO6 Sailed Sailed 24-25/03 26-27/03 30-31/03 13-16/04 11-19/04 -MEKHANIK VOLKOSH VOO7 24-27/03 29-30/03 14-15/04 17-18/04 21-22/04 05-07/05 09-1005 4NNOKENTIY KOCHNEV VOO7 13-16/04 18-19/04 03-04/05 06-07/05 10-11/05 25-27/05 29-30/05 L4IEKANIK VOLKOSH VOOB 05-07/05 09-10/05
      646 words
    • 1689 31 TO: EUROPE TO: FAR EAST SP LN ROM HAM BRE FIX SPORE HK RAO MJ CHOVANG PARK 007W 27/3 14/4 I*4 1M 11/4 I*4 HANJIN TOUCH At 072E 2S/3 1/4 2/4 M HANJIN OAKLAND 007W Jl/3 11/4 19/4 2*4 22/4 23/4 HANJIN ROTTEROAM 007 C 2/4 5/4 W 12/4 CHOYANG
      1,689 words
    • 363 31 STRAITS/ JAPAN/ STIAITJ SERVICE I SPECIALIST IN RO-RO ft HEAVY LIFTS I VESSEL SEKI COSMIC AMBALIKAI MATSUYAMA PIONEER I VOY. NO. VS3 4 54 I Spore 31/3 30/3 10/4 I P. Kelang 3/4 I Penang 4 I Hong Kong 4/4 I Yokohama 13/4 I Nagoya 11/4 I Osaka 9/4 I
      363 words

  • Page 32 Advertisements
    • 653 32 p.t. wiiutt* urn r.T MMWEU WWBM >T. TMKOM UBYO CR NBR 11«27«*****-0 EXPRESS SEMI-CONTAINEIISNIP SERVICE VSUVOY S'PORE R'DAJHi H'BURC BRUttN ANTWERP ADAM KUTAI/lMf 31/3-4/4 2!I S PANJANG/2SWB 15-11/4 W W MATARAM/2WB »-2M 3/« W* U FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to lnd«K»m«it Atoo accepting cwgo to Caubtonca, Port
      653 words
    • 754 32 /jS HANJIN SHIPPING FULL CONTAINER SERVICE [S oora I LaHavra R'dam M bun B havtn fitovi FUDC* VSI SIN LINI HAUL LAX OAK 27/3 I 14/4 15>4 19,4 HAMiIR TOUC KA£ 0721 8(3 R. POHAHC OMI UH IM 7/4 25 4 26.4 27 4 29 4 30 4 -«*/Tlu»e I.WMU
      754 words
    • 60 32 TRI-CEL FREIGHT SERVICES PTE LTD 34A, Tanjong Pagar Road Tel: *****02/*****11 Fax: *****54 Tlx: RS ***** Contr Vessel SIN Loading for FY. SHAN 09/4 Jeddah, Limassol FS SHAN 29/4 Alexandria, Tripoli/Lebanon FY. SHAN 09/5 Beirut. Lattakia S. SHAN 10/4 Lagos, Matadi Leuve/9120£ 30/3 Madras EXPRESS CONVENTIONAL SERVICE Vessel SIN Loading
      60 words
    • 1362 32 imm kll I Tr 1 PPKL SGP INICKJGKLGPUSNKTOSKTYOBALLNVAMiBBMJUNBGIWB it«t an mp v* M THtll *M/4U/4 11/4 11/411/4M/421/4WS2g-2£MfS IAaN« LCE *4 IR/4 11/4 14/4 M/ 4 21/4 25/4 27/4 M/ 4 2£ SJ I* 7« Mg 1£ amy vm v* a* v* a* <g 1? isSi.l?sisSi^B 3WTH 23/4 24/4 1/5 21/4
      1,362 words

  • Page 33 Advertisements
    • 1291 33 ;|SSS J®## PACIFIC INTERNATIONAL LINES (PTE) LTD SSSM mfc PIL Building, 140 Cecil Street #0300, Singapore 0106. JAKARTA I I BANGKOK I VESSEL VOY SIN J'KT SIN VESSEL VOV SIN BKtC SIN EDEN *007 28/3 30/3 HAI HUI 70N 28/3 31/3 4/4 DELTA MAS 14SS 31/3 2/4 7/4 KOTA SINGA
      1,291 words
    • 1099 33 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT SPPK STON HAM BHAVEN ROAM HAVRE Benavon 28/3 29/3 17/4 19/4 21/4 22/4 24/4 Tokio Express 29/3 23/4 17/4 19/4 16/4 22/4 Totaga Bay 4/4
      1,099 words
    • 500 33 M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.Kelang Penang Bangfcoi MERGUI V«W a/77 MA* PATHEIN VIOW 24/H MAR PAGAN V/S4W 31 MAR/2 APR MYOMAYWA VI2SW 21/31 MAR igt THE BANK LINE (A service o» Andrew Wslr Shipping) XVT" SEMI-CONTAINER SERVICE VI HEAVY LIFT
      500 words

  • Page 34 Advertisements
    • 524 34 <^bhs^b IRANIAN SERVICE Singapore Loading for IRAN TEYFOURI 27/3 Banda A Whs (NattMal Um Of Mulct) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LB CNSENMM L CAftOCNAS S CRUZ ■ANZANIUO TOLUCA Vl# 30/3 Ol* 24/4 21/4 30/4 M ■IT At. V 24 1H Jfi UH OAXACA VL2 11(4 13,5 14/5
      524 words
    • 342 34 MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK St* FROM PSW L» OAK SEA HKG SIN HYUNDAI EXPLORER 30E 30/03 05*4 23*4 21*4 »*4 HYUNOAI CHALLENGER 31W SS ?fS 5S 252 HYUNDAI COMMANDER ltt WW 1W 30« C« OW HYUNDAI INNOVATOR W»
      342 words
    • 20 34 DIRECT TO FREMANTLE GERALDTON FCL, LCL, REEFER BREAKBULK HEAVY LIFTS NEXT SAILING KAPITAN VOY. 11SB SIN: 08/04 BABIYEVSKIY FRE: 16-19/04
      20 words
    • 273 34 CCNI# Compart la Chilena de Navegacioa Inirrucrantca S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT BANGLAR MOOKH In Pt 4/4 7/4 14/4 20/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO BANGLAR MOOKH In Pt 2/5 4/5 7/5 10/5 AGENTS B BORNEO SHIPPING PTE LTD MASBULDMGfIS4M>7 L/||Uf|l(|| 10SHENTON
      273 words

  • Page 35 Advertisements
    • 818 35 MwrriMK in: i ri> FCL/LCL TO: Ear east japan europe fui island KAOHSIUNG —29/3 TOKYO —29/3 LE HAVRE 2/4 LAUTOKA —30/3 KEELUNG —29/3 YOKOHAMA 1/4 ROTTERDAM 2/4 SUVA —30/3 MANILA —30/3 KOBE 1/4 UK PORTS 2/4 BANGKOK —29/3 AUSTRALIA HAMBURG 2/4 BUSAN -28/3 GOTHENBURG 2/4 HONGKONG 1/4 SYDNEY —29/3 EAST
      818 words
    • 661 35 S Singapore PK Port Kalang PN Panang PG Paalr Gudang Nedlloyd WE GIVE YOU THE WORLD Nedlloyd Lines. layrpjy VESSEL JM PK« 'Pan Sin S baya AirtiJSd Fij*A) N Plymout*A) Timaru L*tt»ltoo(B) DunedifKß) NtoLnfloos m iwr an a/J w w 2m im v K/« 21/4 *Vt *%i M itt 114
      661 words

  • Page 36 Advertisements
    • 1043 36 VOY *INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX OOCL FAIR M 21/3 29/3 31/3 23/4 3/5 5/5 7/5 11/5 RAINBOW BRIDGE 23 2/4 3/4 5/4 21/4 1/5 10/5 12/5 16/5 OOCL FREEDOM 30 9/4 10/4 12/4 V 5 15/5 17/5 19/5 23/5 OOCL FAITH 19 22/4 21/4 19/4 12/5
      1,043 words
    • 1484 36 I BOOKING CONTACT urut ETD SIN 0 DAY) cl4il J ,M 1 pfnanc H BANGKOK VICTOR TWICE/WKLY 26/03/90 PORT KELANG PENANG J— o*WWW I BOOKING. CONTACT I. "•"I.L. I.!■._» J, ■■■.<■- I I "»CE/JUD» IJT I TWICE/WKLY BOOKING. CONTACT ggff lAANILA SERENE/SITI \*JT I™CE/mY n Q.y. BOOKING. CONTACT fr gftff
      1,484 words

  • Page 37 Advertisements
    • 1438 37 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK-*****18 M USA-*****16, FAR EAST-*****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 m EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 «w k EST H 22S 03/04 06/04 OOCL Honour SW 07/04 »/04
      1,438 words
    • 1125 37 SINSOV 1 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Line*) Terminal Office. WeMfZ Cable Address SINSOV SINGAPORE Telex Numbers RS 2L3BOJRS ***** RS ***** MESSRS MAJ TMONC SMIPTINC 127 NmSM. Pm« M«Mt*» JJfS IUWW-'y "frrr? SSi SOtTSHSffSShjeS U sMSafe.Jtg.gSgi TyVaQtTvSr T«Mi
      1,125 words

  • Page 38 Advertisements
    • 784 38 HDSR^INES|H I DSR LINES I VEB OEUTRACHT/SEEREEDEKI ROSTOCK I INTEGRATED CONTAINER SERVICE I MEMBER OF EACON SERVICE I TO EAST MEDITERRANEAN I NORTH CONTINENT EUROPE I OUTBOUND SIN *LCA ANT RDM HBG RST 1 E THAELMANN 2JV) 04/04 11/04 27/0* 27/04 29/04 03/06 i RUEBCLAND 2/10 14/04 30/04 10/05 10/05
      784 words
    • 1115 38 wc conventional Mtavici Vuml P KLG PNG P C loading for TONGCHUAN 30/3 Rott«rtUm/Anlwp YANCCHUAN 21/4 RotttftUm/Antwwp CHINA FULL CONTAIN** S**VICI Vmml PKL PNC SPORE BKK HKC SHA QIN LYC WEI HE SO 27/3 2*3 31/3 t/4 10/4 YANC FANG KOU 125 31/3 24/3 5/4 11/4 l»/4 28/4 Accepting FCL
      1,115 words
    • 273 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 29 3.90 30.390 PANJANG/PK BALAM NAGA JAVA 28.3 90 31.3.90 PANJANG LAMPUNG JAYA 29.3.90 30 3.90 SEMARANG/PANJANG PINANG JAYA In Port 29.3 90 PANJANG/PK BALAM PERITA JAYA In Port 30.3.90 PANJANG/JAKARTA ABAOI
      273 words
    • 538 38 \lc\X POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :29/3, 8/4, 13/4, 22/4, 29/4, 12/5 IEUROPE i:To all inland points: VIA VOSTOCHNY Poland,
      538 words
    • 498 38 H ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) J waa jwr uwunir w* MAHA MUM UN W«d 21/3 S«« 31/3 MEKHANIK KURAKO BEN W* M/ 3 $rt 31/3 SIHI BHUM 441N fri 3W3 Mow V* PIYA BHUM a» Ul 31/3 Tut 3/4 JIWA MUM 02N St 31/3
      498 words

  • Page 39 Advertisements
    • 1052 39 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTQ A VSL 29/3 4/4 A VSL 2/4 8/4 A VSL 3/4 9/4 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 7/4 CTG/MONGLA FAR EAST/MEDTTERRANENAN SERVICE ETA S'PORE LOADING FOR BISKRA 14/4 S. Korea, Japan ALL VESSELS ACCEPTING
      1,052 words
    • 186 39 I ACCEPTING FCL AND CONVENTIONAL l A NONET "i»SS **04 OARESSALAAM^MOMBASA^^OJieOOTI I H WIN HUNS LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore P. Louis Durban Johannesburg POOLGRACHT PGQ2S In Pt 05/04 10/04 13/04 EXCELLENCE CNTR EO3S 08/04 18/04 23/04
      186 words
    • 626 39 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA BERVICI VSL VOY SIN JKT PAJ
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    • 286 39 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/CAN ADA/EUROPE/MEDITERRANEAN V«i I Hfi I Fl» I Haw I Art |FoQfar[u« Is'pow I BWJSStL V 3
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  • Page 40 Advertisements
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  • Page 40 Miscellaneous
    • 148 40 {Regional Weather] 10S v IQOE 11QE SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 27. LEGEND: R Thunderstorm Temperature c Weather Wmd direction with speed in knots Ro,n mj Cloudy Sky W ve Surface winds ore mdicoted by arrow* which fly wirti tHe wind One tui circle represents
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