The Business Times, 11 April 1990

Microfilm: NL16971
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday April 11 1990 75*
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  • NEWS SUMMARY
    • Article
      Pakistan gets Indian warning over Kashmir
      59 1 INDIAN Prime Minister V P Singh yesterday warned Pakistan it would pay a heavy price for interfering in a secessionist struggle in Kashmir and told his countrymen to be psychologically prepared for a war. "Our message to Pakistan is that you cannot get away
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    • Article
      New Toshiba units
      23 1 TOSHIBA has formed two new units to boost local and regional sales of its information and communications equipment Page 2
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    • Article
      Guarantee for project
      27 1 THE MAIN contractor for the new Ms2.l billion Desaru resort project has guaranteed that it will complete the job within 54 months Page 2
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    • Article
      Oil glut predicted
      38 1 TRIGGERED by the addition of about 4.5 million barrels per day of new capacity by the mid-*****, a new glut in oil refining capacity in Asia could emerge if demand remains below expectations Page 8
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    • Article
      Tokyo surpluses to fall
      32 1 THE VALUE of Japanese exports has dropped and its trade surplus with the world is forecast to narrow in March on account of the strong dollar Page 10
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    • Article
      Transport problems
      26 1 EUROPEAN economies could lose over US$lO billion a year by the year 2000 unless problems dogging the air transport system are resolved. Page 10
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    • Article
      Archaeological secrets
      24 1 AN ARCHAEOLOGICAL team is on its way to writing the final chapter on one of ancient Egypt's most tantalising stories Page 17
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    • Article
      Trial runs at Klang
      24 1 TRIAL RUNS on the Electronic Data Interchange concept are now underway at the Klang Container Terminal. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      55 1 NEW YORK stock prices were mixed on moderate volume in early trading yesterday amid concern about corporate profits and lower stock prices overseas. The Dow Jones Industrial Average lost 2.93 points in the first half hour but then turned higher to show a 2.25-point gain at 2,724.32
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    • Article
      Footsie lower
      27 1 LONDON share prices were lower at midday yesterday with the FTSE 100-share index losing 16.5 points, or 0.7 per cent, to 2,211.2 at 1125 GMT.
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    • Article
      Call for compensation
      24 1 THE KEDAH authorities has told Promet Bhd that it wants compensation for the delay in completing the Langkawi resort Page 3
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    • Article
      US broker coming
      22 1 SMITH BARNEY, Harris Upham, one of America's fastest growing broking houses, is opening an office in Singapore Page 3
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    • Article
      Looking at Keppel
      16 1 HOCK LOCK SIEW looks at Asia Commercial Bank's potential under Keppel. Page 3
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    • Article
      Ease rules, Thais told
      16 1 THE WORLD BANK has urged Thailand to relax bank rules Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 757.61 +2.96 Kuala Lumpur .2,835.75 +26.49 Hongkong 2,942.33 -12.41 Tokyo 29,624.68 -773.25 Sydney 1,511.0 -22.1 Monday Change New York 2,722.07 +4.95 London 2,227.7 +6.6
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    • Article
      CURRENCIES
      22 1 Exchange rates US$ SS 1.8795 Yen (100) SSl.1877 MS SS0.6881 Meney market rates Overnight 6 1/18% +1/16 3-montn 6 3/8 unch
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$375.20 -US$1.50 Rubber S'pore May 157.00*/kg -0.75 VTsia May 227.00*/kg unch KL Tin Turnover I09tonnes +25 Spot M$17.35/kg -0.46 Crudo palm oil futures Turnover 1,194 lots +15 April M$654/tonne -1
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  • Article
    SingLand faces $21m paper loss on UK investment
    545 1  -  By Magdalene Ng SINGAPORE LAND, facing a $2.6 billion bid from United Industrial Corp, now has to contend with another potentially serious problem a paper loss of some $21 million on an investment in a UK-listed company. The company in question is
    545 words
  • Article
    Lock icon HK set to get more passport offers
    241 1 AFP, Reuter AT LEAST 20 countries are prepared to grant passports or right of entry to Hongkong residents in support of a British move to boost confidence in the territory before the takeover by China in 1997. Francis Maud, the visiting British Foreign
    AFP,; Reuter  -  241 words
  • Article
    Lock icon Deal paves way for E European support bank
    352 1 AFP THE US, Japan and key European countries have clinched a deal paving the way for the creation of a US$l2 billion bank to support Eastern European countries committed to reforms towards democratic rule. The hard-fought deal involved a Soviet commitment to
    AFP  -  352 words
  • Article
    Lock icon Jakarta considering boosting F-16 squadron
    109 1 Bernama INDONESIA is considering buying more sophisticated jet fighters in addition to the squadron of F-16s already ordered from the US. However, the type and number of jet fighters had not been decided upon yet, Indonesian Air Force Chief Vice Marshal Siboen said after a
    Bernama  -  109 words
  • Article
    Expanded BT has more to offer
    190 1 SINCE the March 1 relaunch, we have further expanded and refined our financial information pages. From today, Business Times will add two extra pages to pack more reports and listings of Asian stocks. There will now be a total of seven pages dedicated to
    190 words
  • Article, Illustration
    Mavis Oei fined $1,000
    479 1  -  By Rosie Tan MAVIS OEI, daughter of hotelier Khoo Teck Puat, was yesterday fined a nominal $1,000 after she pleaded guilty to two counts of contravening Singapore's Residential Property Act. She also agreed to donate $24.52 million to charity. Oei, 42, whose maiden name is Khoo
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  • Article
    Keppel takeover makes bankers sit up
    280 1  -  By Soh Tiang Keng KEPPEL Corporation's takeover of Asia Commercial Bank will lead to "more intense competition" in the local banking industry, senior bankers said yesterday. Some voiced concern over the government's "larger competitive presence" in the commercial banking field. One local banker said:
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      229 1 I EXECUTIVE I PLACEMENTS g *****62 POWER STRUGGLE IN HORN OF AFRICA 12 PERESTROIKA FOR SOCIALISTS 13 THE YEAR OF LIVING RAPIDLY 14 Aircraft Schedule 27 Money Market 25 World Stock Markets 24 Commodities 26 Regional News 8 Cryptic Crossword 27 Regional Stock Markets 23 For market indices, editorial. Financial
      229 words
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      Page 1 Advertisements Column 2
      164 1 2P BOUTIQUE #02 28 RAFFLES CITY SHOPPING CENTRE Hock Lock Siew, Pg 3 N1 HI PM Opening Soon Soon, an impressive new hotel will be local and western fare. Or feast on Thai opening its doors. Steamboat and Taiwan Porridge. It's the New Park Hotel. Where you'U be For relaxation,
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        US forces to figure in talks with visiting team
        122 2 SINGAPORE'S offer to allow increased US access to military facilities here is expected to come up during talks between senior government officials and a seven-member American congressional delegation that arrives today. A US Embassy statement yesterday said the team would discuss
        122 words
      • Article
        SPC gets P Sebarok land lease
        98 2 SINGAPORE Petroleum Company has been awarded a land lease contract for the construction of an oil terminal on Pulau Sebarok. SPC will spend $40 million to build five oil storage and terminal facilities there. The Port of Singapore Authority will be leasing seven hectares
        98 words
      • Article
        Water use rises sharply again
        124 2 AFTER AN encouraging three-day drop, water consumption took a sharp turn upwards on Monday, crossing the one-mil-lion cubic metre mark. The 1,008,000 cu m consumption was 51,000 cu m more than Sunday's 957,000 cu m. The Public Utilities Board yesterday called on the public to
        124 words
      • Article
        Printer urged to exploit S'pore
        108 2 SINGAPORE'S first major foreign investor in the printing industry, Toppan Printing, was yesterday invited by Senior Parliamentary Secretary (Communications and Information) Ho Kah Leong to take a "fresh look" at Singapore and examine how the republic can play a role in the company's development of
        108 words
      • Article
        Pre-recorded databases on IDD
        76 2 SINGAPOREANS can hook up to overseas recorded messages for foreign stock market movements, weather reports and tourist information using international direct dialling (IDD), said Singapore Telecom yesterday. The cost of the information, available round the clock, is free but callers will have to pay for their
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    • Article
      Toshiba forms new local unit
      274 2 JAPANESE electronics giant Toshiba Corporation has formed a wholly-owned unit and a joint venture in Singapore to boost local and regional sales of information and communications equipment. According to Agence France Presse reports from Tokyo, the wholly-owned unit, called Toshiba Information Systems, is capitalised at
      274 words
    • Article, Illustration
      Kajima guarantees Desaru project wrap-up
      372 2  -  By Genevieve Cua ALLAYING FEARS that the private sector could not handle the Ms2.l -billion plan to transform Desaru into a one-stop mega-resort, the turnkey contractor for the project gave an "irrevocable" guarantee to complete the project within 54 months. This is the first time
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    • Article
      Germans point to East Bloc chances for S'pore
      235 2  -  By Martin Soong MAJOR West German business and industrial interests here yesterday assured that economic restructuring in East Germany and other Eastern Bloc countries would offer major opportunities for Singapore to exploit its strong trading position. Addressing concern that the democratisation and
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      135 2 At Thai we beiieve that you s houldnt spend too much of your valuable home leave going home. To prove a point, our non-stop flights to Amsterdam, Athens, Copenhagen, Frankfurt, Helsinki, London, Paris, Rome, Stockholm and Zurich from Bangkok get you home faster. And along the way, our warmth and
      135 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Kedah seeks damages from Promet
      374 3  -  By Elaine Koh THE KEDAH authorities, while not closing the door to further negotiations, have told Promet Bhd that it wants compensation for the delay in completing the Langkawi resort project. The State Economic Development Corporation will not entertain any proposals from Promet before the
      374 words
    • Article
      Lock icon Bank Negara slaps more conditions on margin trading
      470 3 MBT BANK NEGARA, Malaysia's central bank, has come out with further conditions on margin trading by stockbroking firms which will come into affect this Sunday. Kuala Lumpur stockbroking sources said broking firms, however, will be given a further three months, until July
      MBT  -  470 words
    • Article
      Lock icon Bolton forecasts M$8.85m profit
      215 3 Bernama BOLTON Properties Bhd expects a pre-tax profit of M 58.85 million for this year, assuming that its acquisition of Malaya Industrial and Mining Corporation bhd (Mimco) and a proposed special issue are completed by May 31, 1990. This forecast comprises the group's expected pre-tax profit
      Bernama  -  215 words
    • Article, Illustration
      Lock icon CCM planning chlor-alkali boost
      204 3 MBT CHEMICAL COMPANY of Malaysia (CCM)'s strategy is to extend its chlor-alkali business, and the feasibility of expanding the manufacture of this product is now being evaluated. The company's industrial chemicals subsidiary has already bought a 10 ha site at Pasir Gudang, Johor, CCM chairman R
      MBT  -  204 words
    • Article
      Keppel set to make waves now that it has a crown jewel
      477 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh NOW THAT the Keppel group has a crown jewel in the style of the Japanese sogo shosha, business will never be the same again. Like the sogo shoshas, Japan's giant
      477 words
    • Article
      Smith Barney expected to set up two S'pore units within a month
      407 3  -  By Conrad Raj SMITH BARNEY, Harris Upham, one of America's fastest growing broking houses, is establishing an office in Singapore. Smith Barney is expected to establish at least two subsidiaries within a month dealing in US and Japanese
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    • Article
      Lock icon KSM-MPHB unitholders' own views
      321 3 Bernama REGISTERED unitholders of the KSM-MPHB Investment Fund who want to submit their own views to the Malaysian High Court which is scheduled to hear an application on April 17 to amend the regulations of the fund are still entitled to intervene. Mr Khoo Eng Choo
      Bernama  -  321 words
    • COMPANY BRIEFS
      • Article
        Alcom elaborates on M$20m joint venture
        93 3 ALUMINIUM COMPANY of Malaysia (Alcom), which recently entered into a joint-venture agreement with its Japanbased sister company Nippon Light Metal Co to undertake a Ms2o million project to produce pre-coated finstock for air--conditioners, said its interest in the joint venture was not expected to
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      • Article
        Magnum explains KCB stake
        207 3 MAGNUM CORPORATION Bhd said the investment in Kamunting Corporation Bhd (KCB) shares by its whollyowned subsidiary, Jayavest Sdn Bhd, would enable the Magnum group to participate in the well-diversified busineses of Kamunting. In a circular to shareholders, Magnum said the investment was also in line with
        207 words
      • Article
        Ganda chairman resigns
        32 3 GANDA HOLDINGS Bhd chairman Tan Sri Arshad Ayub has resigned as chairman and director of the diversified investment group, Ganda said, adding that the resignation was effective Feb 12.
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      • Article
        Mechmar turns around
        62 3 MECHMAR CORP (M) Bhd yesterday reported group af-ter-tax profit of M 51.82 million for the year ended Dec 31, 1989, against a loss of M 52.17 million previously. Turnover rose 39 per cent to M 597.99 million. Earnings per share came to 6.2 sen (loss of 7.2
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      • Article
        Nanyang Press shares sold
        70 3 SEA HOUSING Corporation Sdn Bhd, a company connected to the late Tan Sri Lee Yan Lian, has sold two million shares in newspaper publisher Nanyang Press (M) Bhd. In a form 29b disclosure on changes in the interests of a substantial shareholder, the company said it
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      Page 3 Advertisements Column 1
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Cathay Pacific in Kansai tie-up
        72 4 CATHAY PACIFIC Airways Ltd and Kansai International Airport Terminal Building Co Ltd have set up a joint venture to provide ground service for foreign airlines at the planned Kansai International Airport in western Japan. The new company, Cathay Kansai Terminal Services Co Ltd, is capitalised
        72 words
      • Article
        Unit trusts as collateral
        75 4 JAPAN'S investment trusts plan to allow all closed-end funds, called unit trusts, to be used as collateral to meet stock market margin requirements, an official at the Investment Trusts Association said. Under the new rules, all of Japan's closed funds could be used, but only over
        75 words
      • Article
        Amcor buys 49pc of Sacoc
        63 4 AMCOR Ltd has bought 49 per cent of private French packaging group Sacoc for As 9 million and may buy the rest within five years. Sacoc, a corrugated sheet and boxmaker with operations in Paris and northern France, has annual turnover of As6o million, Amcor
        63 words
      • Article
        NEC Akita to build plant
        66 4 NEC AKITA Ltd, a wholly-owned unit of NEC Corp, will build a 25 billion yen plant to mass-produce printed circuit boards, an NEC Corp spokesman said in Tokyo. The company plans to start production from October next year. It plans to manufacture the equivalent of
        66 words
      • Article
        Kobe Steel sets up US unit
        61 4 JAPANESE steelmaker Kobe Steel Ltd has set up a whollyowned company in the US to sell welding supplies. The company, Kobelco Welding of America Inc, will be based in Houston and capitalised at US$3OO,OOO. Annual sales are projected at US$7 million initially and to
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    • Article
      Lock icon Ford Australia to spend A$1.2b over five years
      411 4 Reuter FORD MOTOR Co of Australia Ltd is planning to spend Asl.2 billion over the next five years to improve its products and manufacturing facilities in Australia. The company, a whollyowned Ford Motor Co unit, made the announcement when it reported a
      Reuter  -  411 words
    • Article
      Lock icon Innovest to reap M$1m from share sale
      251 4 Bernama THE INNOVEST group is expected to rake in an extraordinary gain of M 51.05 million from the proposed M 534.27 million sale by its 51 per cent owned subsidiary, Inno-Pacific Holdings Bhd, of 23.69 million shares of 50 sen each in Chocolate
      Bernama  -  251 words
    • Article
      Lock icon Mazda, Hertz form car rental firm in Japan
      280 4 AP MAZDA MOTOR Corp, Japan's fourth largest carmaker, has formed a joint car rental venture in Japan with Hertz Corp of the US, the world's largest car rental company. The new Hertz Japan Ltd, capitalised at 500 million yen (US$3.l6 million), will
      AP  -  280 words
    • Article
      Lock icon Fuji Heavy president quits
      220 4 AFP FUJI HEAVY Industries Ltd president Toshihiro Tajima announced his resignation yesterday ahead of the expected restructuring of the troubled company by its biggest shareholder Nissan Motor Co Ltd. Mr Tajima told a news conference that he would step down in June to be replaced by
      AFP  -  220 words
    • Article
      Lock icon South Korea's car exports declining
      388 4 AFP THE SOUTH KOREAN car industry is facing fast declining exports while rival car makers respond by continuing to pour funds into the race to expand operations. The "reckless competition" could be an expensive mistake, according to a trade and industry official. The industry experienced
      AFP  -  388 words
    • Article
      Lock icon TVNZ may invest in Bond Media
      184 4 Reuter STATE-OWNED Television New Zealand Ltd (TVNZ) said it is investigating the possibility of investing in the troubled Bond Media Ltd but denied reports that it had already invested As3s million. "Claims that TVNZ Ltd had committed AS3S million to Bond Media were incorrect,"
      Reuter  -  184 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      69 4 r FOR SALE Own your own OFFICE BUILDING for as little as 555.50 p.s.f. per month lEE3|] 11|1 um I lis MH BBa I pII rjl I LF HMI Saturday: 10.00 am 4.00pm |liji| CONSERVATION PROPERTY HOLDINGS PTE LTD, GOLDIIII.L ORCHARD LAND PRIVATE LIMITED, 51 Goldhill Plaza #22-01, Newton Road,
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      239 5 m MAZDA 929 f I mfwinnnm I J M..,A I I■ m i 9 I I 8 I P X 9hb r S fIMIMI >v. *y* v.V--> rsr J I ft 89E91 m -<' I 1 8 'I 9 B H ft. I 1 1 <2 9 I 8 H
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mitsui Construction forms Dutch unit
        100 6 JAPAN'S Mitsui Construction Co Ltd has set up a financing firm in the Netherlands to direct funds into its real estate business in London, a company spokesman said. The subsidiary is capitalised at about 24 million yen. He said the Dutch subsidiary will help reduce
        100 words
      • Article
        STM Holdings-SSMC merger
        107 6 STM HOLDINGS Inc, a wholly-owned subsidiary of SemiTech Microelectronics (Far East) Ltd, said it has been merged into SSMC Inc. As a result of the merger, each share of SSMC common stock outstanding as of April 6, 1990, has been converted into a new 15 per cent
        107 words
      • Article
        Exceptional blow for Next
        109 6 EXCEPTIONAL losses at retailer Next pic were heavier than the market expected and pushed pre-tax losses to £46.7 million for the year to end-January 1990 against a £62.3 million profit a year earlier. Next shares fell 12.6 per cent to 69p on the results before climbing
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      • Article
        Philips offers dividend option
        85 6 DUTCH electronics company NV Philips Gloeilampenfabrieken is offering a one-for-25 share option as part of its 1989 dividend. The company said on March 1 its 1989 dividend was set unchanged at two guilders, of which 0.60 had been paid as interim dividend in the course of
        85 words
    • Article
      Lock icon Ford shifts £225m investment from UK to W Germany
      366 6 Reuter FORD Motor Company is switching £225 million (US$369 million) of investment planned for British plants to West Germany, partly because of unreliable supplies from its British factories. The money had been intended for the second phase of engine production at
      Reuter  -  366 words
    • Article, Illustration
      Lock icon MCI agrees to buy rival Telecom USA for US$1.25b
      630 6 NYT MCI COMMUNICATIONS Corp, America's second largest provider of long-distance telephone services, has announced a US$l.25 billion agreement to buy Telecom USA Inc, the No. 4 company. The deal is the latest and largest in a series of acquisitions by MCI,
      NYT  -  630 words
    • Article
      Lock icon Pepsi's Soviet trade swap may be a trend-setter
      311 6 Reuter PEPSICO Inc's vodka-and-ships barter deal will inspire more US-Soviet trade swaps and solidifies Pepsi's lead in the Soviet Union over archrival Coca-Cola Co, analysts said on Monday. "This is the only way to get your money out of Eastern Europe," said
      Reuter  -  311 words
    • Article
      Lock icon Asset sales would finance Volvo bid
      148 6 Reuter SWEDEN'S AB Volvo is planning to sell low-yielding assets worth up to five billion crowns to finance the proposed link-up with Regie National des Usines Renault, the company said. Volvo spokesman Hans Renstrom gave the figure in reply to a query about press
      Reuter  -  148 words
    • Article
      Lock icon Preferred holders in bid to save Eastern
      340 6 NYT THE preferred shareholders of Eastern Airlines submitted a reorganisation plan to the bankruptcy court on Monday aimed at keeping the airline flying and averting a liquidation. "We believe that in a liquidation the creditors will come out with less than what we
      NYT  -  340 words
    • Article
      Lock icon Quebec company to buy Learjet
      277 6 Reuter QUEBEC'S fastest-growing multinational, Bombardier Inc, is to buy the Learjet Corp for Cs7s million, adding the best-known name in corporate travel to its empire. In an agreement with Learjet's troubled parent, Integrated Resources Inc, Bombardier also agreed to assume much of the subsidiary's debt,
      Reuter  -  277 words
    • Article
      Salomon buys 'junk bonds' data
      94 6 SALOMON Brothers Inc said on Monday that it had bought the exclusive rights to important information on thousands of "junk bonds" underwritten by Drexel Burnham Lambert Inc, enabling Salomon to expand its own junk bond operations. Salomon and more than two dozen other investment and
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    • Article, Illustration
      Lock icon Executive bonuses decline markedly at Ford and General Motors
      433 6 NYT THE TWO largest motor companies in the US released their annual proxy statements on Monday, and both showed declines in executive bonuses for 1989. although at markedly different levels. Bonuses paid to the top executives of General Motors Corp declined
      NYT  -  433 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      230 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        DBS last of Big Four to raise prime to 6.5pc
        93 7 DBS BANK will raise its prime lending rate by half a point to 6.5 per cent with effect from tomorrow. The move followed a similar increase in prime rates by the other three major local banks OCBC Bank, Overseas Union
        93 words
      • Article
        Citibank's touch-screen ATMs
        110 7 THE Singapore branch of Citibank has launched five touchscreen automated teller machines (ATMs) at its three branches. The bank plans to instaH two more at a later date. Together, these seven ATMs will cost about about $2.8 million. With a CitiCard or a Citibank Visa card, a
        110 words
      • Article
        Mark fixed lower
        84 7 THE mark was yesterday fixed at its lowest level against the French franc since October 1987 as worries about German monetary union continued to weigh on the West German currency, dealers said. No central bank intervention was reported. The mark was fixed at 3.3572 francs, down from
        84 words
      • Article
        Dresdner profit up 25pc
        58 7 DRESDNER Bank, West Germany's second largest private bank, said its net consolidated profit rose 25.2 per cent last year to 650.2 million West German marks (U*****.4 million). Operating profit on client operations was up 17.1 per cent to a record 1.88 billion marks, the bank said,
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      • Article
        Bank strike at Ivory Coast
        88 7 IVORY Coast bank workers began a two-day strike on Tuesday to protest against a government decision to cut salaries by up to 40 per cent. The strike, called late Monday by the national banking, financial and insurance union, was largely successful and many would-be customers
        88 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 7 Dollar$ Non$en$e
        2 words
    • Article
      Lock icon BankAmerica folds 'golden parachute' for executives
      355 7 Reuter BANKAMERICA Corp has terminated a plan introduced in 1986 that gave some senior executives certain benefits if they were terminated without cause or left the company after a change of ownership, Bank America said in a proxy statement for its annual meeting. The
      Reuter  -  355 words
    • Article
      Thailand asked to ease rules in banking sector
      355 7 THE World Bank called on Thailand to relax its restricted banking and finance sector, saying some regulations are not in line with the country's open and competitive economy. A World Bank study backed the Thai government's recent decision to consider issuing further
      355 words
    • Article
      Insurance Ombudsman body settles 10 cases
      259 7  -  By Soh Tiang Keng THE INSURANCE Ombudsman Committee (IOC) an independent body formed three years ago to settle disputes between policyholders and insurers resolved 10 cases last year. And all of them were settled without the need to appoint investigators. The latest report of
      259 words
    • Article
      Lock icon Private banks: Taiwan opens applications
      314 7 AFP THE Taiwanese Finance Ministry is to start accepting applications to open local private banks tomorrow in a liberalisation aimed to break four decades of government monopoly in banking operations. Under the specifics released by the ministry after nine months of discussions, a minimum NT$lO
      AFP  -  314 words
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      Page 7 Advertisements Column 1
      9 7 Managers must manage. BT shows you how every Monday
      9 words
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      Page 7 Advertisements Column 2
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  • THE REGION
    • NOTE BOOK
      • Article
        US denies getting Viet base offer
        82 8 THE US State Department has denied a Congressman's statement that Vietnam had suggested that American military forces return to Cam Ranh Bay once the Soviet Union withdraws from the base. Representative Thomas Ridge said the proposal was raised privately at a conference in Bali,
        82 words
      • Article
        Fujitsu's big plans in Thailand
        58 8 FUJITSU LTD says its investment in electronic and computer plants in Thailand will reach about US$525 million by end-1991. Fujitsu president Takuma Yamamoto told reporters in Bangkok yesterday that his company would make its more than 10 planned factories in Thailand a major integrated production
        58 words
      • Article
        Tokyo aid for Manila projects
        65 8 THE JAPANESE government has provided aid packages totalling 278 million pesos (US$l2.2 million) for various development projects in the Philippines, the presidential palace said in Manila yesterday. The grant will be used to finance several projects, including a productivity training programme for poor women. Funds
        65 words
      • Article
        China's industrial output up
        51 8 CHINA'S industrial production, pumped up by a huge credit injection, inched higher in March. The State Statistical Bureau in Beijing said on Monday that industrial production was worth 159.5 billion yuan (U5533.9 billion) in March, a 1.4 per cent increase over the same month a year
        51 words
    • Article
      Lock icon Far East oil refining glut looms
      624 8 MBT A NEW GLUT in oil refining capacity in the Far East can emerge if demand does not live up to expectations in the medium term as an estimated 4.5 million barrels per day (bpd) of new capacity will be added by the mid--*****.
      MBT  -  624 words
    • Article
      Lock icon Hurdles facing Thai economic growth
      125 8 MBT A TAIWANESE industrialist believes Thailand's ability to attract foreign investment will gain momentum until 1992. But he cautioned that left unresolved, numerous infrastructure shortages though natural in a rapidly expanding economy would become a shortcoming for the country in the long run. Taiwan Liton
      MBT  -  125 words
    • Article
      Lock icon India promises more liberal climate for foreign investors
      392 8 Reuter INDIAN Prime Minister Vishwanath Pratap Singh says his government will promote a more liberal climate for foreign investment and free industry from bureaucratic controls. Addressing a World Economic Forum meeting on India in New Delhi on Monday, Mr Singh said his
      Reuter  -  392 words
    • Article
      Property in HK braces for interest rate impact
      215 8 THE property market in Hongkong is braced for tough times with commercial and industrial properties expected to be hard hit by the recent interest rate rise. In its quarterly report, property consultants Midland Reality (Holdings) criticised banks for implementing conservative policies likely
      215 words
    • Article
      Foreign investment pours into Vietnam
      203 8 SOME boat people may still be padding out, but flights into Vietnam are packed solid. Why? Vietnam, with its GDP officially estimated at US$l2O a head, is one of the world's poorest countries and is ruled by a communist party which on March 27 reaffirmed
      203 words
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      Page 8 Advertisements Column 1
      178 8 there is no cause for alarm. else remains much the same. for hourly, daily, weekly and West Malaysia, at Kuala Lumpur What you have just witnessed is We still have the biggest and monthly rental. and Penang. Another change a simple name change. newest fleet of self-drive rental And we
      178 words
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      379 9 Impressive technology at every level. With equally impressive savings, even the high end. Starting with Wearnes Boldline M Series. An IBM compatible 7 7 7 286 PC that becomes a 386 SX, or an i486, in minutes, thanks to OLaane. the built-in upgrade system on its motherboard, without tying jjj/s
      379 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        E Bloc countries to coordinate policies
        97 10 IHF IFaiJERS <>t Chechoslovakia Poland and Hungary holding then tnst nitotniai suinnni since Communist rule was toppled ir> cm region, nave agreed to coordinate their joint retun. to Europe' Speaking in Bratislava after the talks on Mondav oeivveen the heads of state of the
        97 words
      • Article
        Fungicide holding up shipments
        107 10 A JAPANtSt FIRM is to blame foi a slowdown in world wine shipments to the US because it tailed (o register a fungicide with American authorities, said US Agriculture Secretary Clayton Yeutter at a satellite conference shown in Paris on Monday. He said that he knew
        107 words
      • Article
        Pentagon arm invests in firm
        85 10 THE AMERICAN DEFENCE DEPARTMENT, through its advanced research arm, has for the first time made what is essentially a venture capital investment in a young Silicon Valley company. The investment, made under an experimental two-year programme approved by Congress, not only allows the Defence Advanced
        85 words
      • Article
        Tokyo steelmaker enters Texas
        53 10 JAPAN'S Kobe Steel Ltd has formed a new company in Texas to market welding supplies to companies in the US, including the petroleum and shipbuilding industries. The new company, Kobelco Welding of America Inc, was capitalised at US$O.3 million and was based in Houston, said Kobe
        53 words
      • Article
        Team studying E Bloc reforms
        68 10 A JAPANESE MISSION will visit Poland and Hungary this month to study how their economic reforms have affected the investment environment and report back to Japanese businessmen. The Japanese Foreign Ministry said in Tokyo yesterday that the 70-member mission, led by Kisaburo Ikeura, chairman of
        68 words
      • Article
        Hyundai eyeing Soviet venture
        61 10 SOUTH KOREA'S Hyundai Group is considering pumping natural gas from the Soviet Union to South Korea through a pipeline to be built in the communist North, the company said in Seoul yesterday. Chung Ju-yung, founder and honorary chairman of Hyundai, one of the country's largest conglomerates,
        61 words
    • Article
      Lock icon Group calls for transport liberalisation
      249 10 Reuter EUROPEAN ECONOMIES could lose over US$lO billion a year by the year 2000 unless problems in the air transport system are resolved, according to a new travel body. The London-based World Travel and Tourism Council (WTTC), which is made up of chief executive officers
      Reuter  -  249 words
    • Article, Illustration
      Born in captivity — freed in Beirut
      42 10 Born in captivity freed in Beirut ihreiM n woman Jacqueline Valente (centre) and her boyfriend Fernand Houtekins (extreme right) were freed in Beirut fcsteida* with their daughtei, who was born while they were held by Palestinian guerillas for more than two years.
      42 words
    • Article
      Lock icon Coalition govt for E Germany
      250 10 Reuter EAS T GEfc VI AN p* rties io >ci up a g.aiid "oahtioii government wuh a Coi'Sf. premier and left wing foreign minister to gu.d* the siaie into union wiin W-zH ire-many Pi line Minister designate Lothar de .v«io 'r. East B*-ri\v u» Monday
      Reuter  -  250 words
    • Article
      Lock icon Drop in Japanese trade surpluses predicted
      503 10 Reuter THE STRONG DOLLAR is cutting the value of Japan's exports, which means its trade surplus with the world probably narrowed in March, say economists in Tokyo. In March we should see a continuation in the trend towards smaller trade surpluses, with the main
      Reuter  -  503 words
    • Article
      Lock icon Canadian tax debate drags on
      216 10 AP THE CANADIAN House of Commons argued into the night on Monday over a 7 per cent consumption tax that the Conservative government of Prime Minister Brian Mulroney wants passed in spite of widespread protests. Monday was the final day of debate set for the
      AP  -  216 words
    • Article
      Lock icon US deficit below average, says IMF
      191 10 AP THE US government's spending has been running more than US$l5O billion ahead of its revenues in recent years, but that is less than the average of other governments in proportional terms, says a new International Monetary Fund report. Comparative statistics for 1988, the
      AP  -  191 words
    • Article
      Lock icon Korean videotape firms see Japanese threat
      131 10 AP JAPANESE videotape cassette makers, eyeing growing consumer demand, expect to grab a larger market share in South Korea in the future a prospect that worries some Korean manufacturers. Currently, about 35,000 of the 400,000 tapes sold in South Korea are Japanese, nearly 9
      AP  -  131 words
    • Article, Illustration
      Celebrating new era in Nepal
      55 10 Flashing the V-for-victory sign, this young woman was among 50,000 Nepalese who thronged the country's first opposition rally in 29 years on Monday. The chanting crowd in Kathmandu was relishing victory after Nepal's King Birendra lifted a ban on political parties last Sunday, following recent
      55 words
    • Article
      Lock icon Gorbachev adviser sees opposition to reforms
      436 10 AP A TOP economic adviser to Soviet President Mikhail Gorbachev has said that Moscow must overcome strong popular opposition in order to implement a radical market-oriented economic reform programme this year. "A speedy transition to a market economy will come up against powerful opposition,"
      AP  -  436 words
    • Article
      Lock icon US and EC optimistic about progress in Gatt talks
      470 10 Reuter THE US and the European Community have brushed aside complaints that negotiations for freer world trade are moving too slowly, saying that there is no cause for pessimism, say Gatt delegates in Geneva. At the same time, top negotiators for
      Reuter  -  470 words
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      763 11 p U L, L, S B RVICB BANKING Jj C I Mm) Stcunty PiLik Raj lit Hf( J /sr sssr I k I(j 555! *a~>o*aY«tF«at y pGjte Mm < Hfu rt ()pr*W>ms I I Ml£r~ Gmm. > f W> r ss /Sr— wlir: Er" ~»t.«.,« £=l_ i f*| I ***+*me*
      763 words
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  • Article
    Yen: fundamentals prevail
    485 12 EDITORIAL THE finance ministers and central bankers of the Group of Seven industrial nations emerged from their weekend meeting in Paris with yet another joint statement, but this time crafted in rather milder language. In their meeting last September, the G-7 finance ministers agreed to cooperate closely
    485 words
  • WHAT THE OTHERS SAY
    • Article
      Similarity out of diversity
      219 12 ETHNICITY is a reality that cannot be wished away in Singapore.\Ajriore realistic approach is to recognise the relevanccfof ethnicity and to extract as much similarity as possible out of the fact ot ethnic diversity. This is the idea behind the exercise to isolate the common cultural
      219 words
    • Article
      Future glimpses
      122 12 AS PART OF the celebrations of the nation's silver jubilee, the staging of Singapore 2000 Global Technopolis in June will be a focus of pride as people get a glimpse of what life will be in a developed city on the Equator. The showcasing of Singapore in the
      122 words
    • Article
      Water and rewards
      140 12 THE CURRENT CAMPAIGN to save water should aim to check as well as severely punish water wasters. When Johor, our main source of water supply, has imposed water rationing in several areas, we have no reason to turn a blind eye to those who waste water. In
      140 words
  • REGIONAL VIEWPOINTS
    • Article
      Getting stiff necks
      172 12 FOLLOWING the Minister of Agriculture's incessant shifts of position on forest issues is enough to make one's head spin. If Major-General Sanan Kachornprasart were a swing, we observers would all have stiff necks by now, watching him sway back and forth. Just when it appears that one
      172 words
    • Article
      Changes in Hanoi
      161 12 VIETNAM'S Communist Party leadership, after a 15-day Central Committee plenum last month, announced the ouster of Tran Xuan Bach, the ninthranking member of the party's politburo. As the reason given for his dismissal was that he had committed "grave violations of party organisational and disciplinary principles", we
      161 words
    • Article
      Another Philippine farce
      158 12 THE ESCAPE of Lieutenant-Colonel Billy Bibit from prison would be amusing were its implications not so serious. First, it shows that alleged traitors appear to be enjoying exceptionally favourable conditions in detention, at a time when the government is supposed to be doing its utmost to crack
      158 words
  • Article, Illustration
    Lock icon Power struggle in the Horn of Africa
    960 12  -  Julian Ozanne reports on how the Red Sea coast is becoming embroiled in the tensions of the M-E conflict Julian Ozanne FT AS THE superpowers continue to disengage themselves from the embattled Horn of Africa, a new scramble for influence in the region
    FT  -  960 words
  • Page 12 Advertisements
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      144 12 Iburchettes' presents its finest catch. ,-jig— -ifiYr"*:> > THE OR I E STKL SINGAPORE Iburchettes at The Oriental, Singapore is literally going to sea. Because from March 29th to April 27th, the freshest of seafoods will be presented by their French Chef. Take your tastebuds fishing, with a seafood menu
      144 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      38 12 DOONESBURY GOEASYON THE HOT lINSTAUW THAT LOU- I MTER,OKAY, MIKE* FLOW SHOWER HEAP J MYSELF' GREAT, HUH* SHOUUP SME ZONK... J} H I ALSO DO I HAVE i X li 5 A PUT A AC V?J 1 W£™Wtu^K
      38 words
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  • ANALYSIS
    • Article
      Lock icon Inflation-plagued Brazil now in throes of recession
      800 13  -  Short of a depression, nothing much worse can happen to the Brazilian economy now, reports James Brooke James Brooke NYT THREE WEEKS after Brazil's new president ordered a radical programme to contain rampant inflation, a recession is surging through Latin America's largest economy.
      NYT  -  800 words
    • Article, Illustration
      A dose of perestroika for Japan's Socialists
      1308 13  -  The JSP has yet to get its act together, writes Kwan Weng Kin from Tokyo Kwan Weng Kin JAPANESE VOTERS hoping to see the emergence of a credible alternative to the scandaltainted ruling Liberal Democratic Party would most certainly have been disappointed with
      1,308 words
    • Article, Illustration
      Lock icon Don't look now, but here comes the opposition
      555 13  -  The Kiwis are preparing for an election campaign that could well usher in a new government, says Michael Field Michael Field AFP NEW ZEALAND began reluctantly slipping into an election campaign this month with voters turned off by a lacklustre political scene
      AFP  -  555 words
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      31 13 Vietnamese Cuisine ENJOY A VARIETY OF 40 DIFFERENT DISHES AT s4 each f£« zmr -w~ y TROnCAL INN SEAFOOD 82-01 Batetnent, TangLn Shopping Centre, lanolin RA S*po»i 1024--oi) g *****10 *****63
      31 words
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  • FOCUS
    • Article
      The year of living rapidly
      843 14  -  Jakarta is making its presence felt, reports Florence Chong Florence Chong FOREIGN investment from Japan and the newly industrialised countries, especially South Korea and Taiwan, have increased sharply in Indonesia. In the first eight months of last year, the country's investment coordinating agency, BKPM, approved
      843 words
    • Article, Illustration
      Tanri: Jakarta's business prodigy
      999 14  -  Ranjit Gill profiles one of the most sought-after chief executives in a country where professional managers are too often appendages in family-owned and run companies. Ranjit Gill WHEN A Jakarta business weekly published a list of the highest paid chief executive officers in the country, it
      999 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      244 14 f^ 3 i < I k Wi I So II B HI v v.V, %^'-V; J; "-f"* Uj B/'- ?MI y% I<63fc JSKW 1 ii 9 Si 181 fllfllUl ttTvKMBI IHI B^M A I ■n^KV'AVJI -v >■> :h ®S *i.t'"2L i3felfet»^^M^BK l ?mmWM nil 1 S I ij 871 >
      244 words
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  • SPORTS
    • Article, Illustration
      Lock icon An endorsement for Nick Faldo
      481 15 AP Nick faldo, creating a bit of history with his second straight Mas* ters title, has generated a lot of interest in the endorsement world. The day after Faldo's stirring sudden-death victory over Raymond Floyd in the 54th Masters, the Englishman's agent was predicting the
      AP  -  481 words
    • Article
      Lock icon Martina faces the young and rest-less
      235 15 AP JENNIFER CAPRIATI knows only one speed: ail out. "She doesn't let you relax," said Martina Navratilova, who defeated Capriati 6-2, 6-4 in the finals of the the Family Circle Magazine Cup. "There's no resting point. She plays very fast. "I had to slow
      AP  -  235 words
    • Article
      Lock icon Dawn of new baseball decade
      324 15 AP EACH DECADE produces its share of moments and stars, and they always seem to be there. The last decade brought Mike Schmidt's 500 th home run, Nolan Ryan's 5,000 th strikeout and 50 consecutive steals by Vince Coleman all moments to be remembered. A
      AP  -  324 words
    • Article, Illustration
      Lock icon Brazilians shun 'star' lifestyles
      560 15 Reuter BRAZIL'S top players are expected to produce some of the most exuberant football at the World Cup finals. But off the field they avoid lifestyles usually associated with stardom. Most of them dedicate their spare time to their families, invest their money in property and
      Reuter  -  560 words
    • Article, Illustration
      Defector Hu Na to play in DHL Open
      380 15  -  By A Surendren HU NA, the Chinese player who defected to the United States in 1983, will be playing in the DHL Singapore Women's Open scheduled for April 16-22 at the Kailang Tennis Centre. With the tournament pushed forward by a week,
      380 words
    • SIDE LINES
      • Article
        Moroso tipped to be Rookie of the Year
        108 15 HE WON HIS first professional race before he was old enough to drink the sponsor's beer. He won his first series championship before he had become a household word anywhere but his hometown in Connecticut. Now, Rob Moroso is taking the final
        108 words
      • Article
        Magee still in critical condition
        92 15 AUSTRALIAN motorcycle racer Kevin Magee remained in critical but stable condition on Monday following surgery after crashing on Sunday in the US Grand Prix motorcycle race. Doctors said they were encouraged by small signs of progress. "He's more alert, and he has moved an arm
        92 words
      • Article
        Devils thwart Capitals
        104 15 KEN DANEYKO and Brendan Shanahan scored goals and New Jersey smothered the Washington Capitals in a 2-1 victory that gave the Devils a 2-1 lead in their Patrick Division semi-final series. Daneyko scored 4:51 into Monday's night's game, and the Devils spent the rest of the evening
        104 words
      • Article
        Planckaert grounded
        121 15 EDDY PLANCKAERT of Belgium, who won Sunday's Par-is-Roubaix classic by a thousandth of a second, will not compete in the world cycling championships in Tokyo in September because he hates flying. "I have only flown twice and that was two times too many," said the Belgian who pipped
        121 words
      • Article
        Steffi Graf returns
        133 15 A NEW challenge awaits Stefli Graf, and she can hardly wait to face it. Sidelined two months with a broken right thumb, Graf began her comeback yesterday against Petra Langrova in the second round of the Bausch and Lomb Championships. The world's top-ranked women's player hasn't played
        133 words
  • Page 15 Advertisements
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      61 15 M j2 pp V|^ V w V J B» TASTE The pleasure of a stimulated palate The flavour of Shang Palace. BT2I*T f JL Enter the moongate, enjoy the finest service and taste joI authentic Cantonese cuisine 9 Shangri-La hotel Ca® 734 4805 0r ?37 3644 extn. 1954 for reservations
      61 words
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      195 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot. mm Spicv Szechuan dishes served at lunch and dinner dailv in the tool, inviting atmosphere of Szechuan Court. Reservation, 330 H3lO or 338 8585 ext *****/6. to' Thc WfSTiN Plaza
      195 words
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      Page 16 Advertisements Column 2
      334 16 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday 11 am to lam Friday and Saturday 11am to 2am HYATT REGENCYQSWGAPORE 10-12 Scotts Road. Singapore 0922. Tel: *****88
      334 words
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      Page 16 Advertisements Column 3
      260 16 < 6*5 A presents Sugoi'K Spicea Enjoy ihc warm, mellow sound of Sugar 'N Spiccs. This tunesome foursome brings back nostalgic favourites from the 'fifties and 'sixties during Happy Hours. HAPPY HOURS: spm —8 pm daily Performance :6pm 8.30 pm Monday to Friday. Plaza Hotel SINC*PO»I •colourful* in vijimg] HrarH
      260 words
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      Page 16 Advertisements Column 4
      240 16 MVY HIIWiVmOJfWMCIVV A tV FASTER FUN FOR THE FAMILY It's carnival time at Easter Funland. Bring your children for fun and games, great food and prizes It will be an eggstraotdinary day! EASTER FUNLAND Mandarin Ballroom Sunday, April 15, "90 11.00 am to 3.00pm Adult: $40 nett Child below 10:
      240 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      725 16 TELEVISION AND RADIO CDPIO Alien Nation Takeover. A 835 Malay Theatre Hantu -diiciijccc AM RAHIO OAf group of hoodlums seize an Siang. BUSINESS Vt-1 1(11 111 111 V opportunity lo attack the pre- 10.00 World Now* (M). DB 0 yy r AV-rA. 7.30 PM Fashion TV (See Our cint and
      725 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Shakespearean play a winner
      458 17 The Laurence Olivier Awards AP A ROCK-AND-ROLL version of Shakespeare's The Tempest and a drama about four south London clergymen were named the British theatre season's best musical and play at the Laurence Olivier Awards. Bob Carlton's Return To the Forbidden Planet was the unexpected victor
      AP  -  458 words
    • Article
      Lock icon New findings may solve ancient Egyptian puzzle
      982 17 Did she or didn't she? Members of an excavation team, using sophisticated equipment, may soon unearth the answer as to whether one of Pharaoh Pepy I's queens plotted against him AP More than 4,200 years ago Pharaoh Pepy I heard rumours that one
      AP  -  982 words
    • Article
      Lock icon What it takes to build a fake Taj Mahal
      279 17 CHATTERBOX Agencies SO YOU long for a cottage on the beach? Check out Donald Trump's new Taj Mahal hotel in Atlantic City. "My kind of design is very flamboyant historical recreation," architect Frank Dumont told the weekly 7 Days. The lobby
      Agencies  -  279 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      269 17 AND ENTERTAIN Spend An Eggceptional Easter With Us. u wK& BUFFFI DINNI-R nFrly'" -a- J| BRUNCH pH $1100. AMJI IN I A mM SET DINNER: J»t Turn Easter into a weekend of non-stop eating. At Cafe-in-the-Park and Hubertus Grill. Freshly baked Easter goodies are also available at our Pastry Shop
      269 words
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      Page 17 Advertisements Column 2
      112 17 LUNCHING AT THE CARLTON BRASSERIE ALWAYS MAKES GOOD BUSINESS SENSE. j 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
      112 words
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      Page 17 Advertisements Column 3
      264 17 PY^H: 1 ly^H HSuSH y/ BAY GOLF AND COUNTRY CLUB RjHUI 6. MARINA GREEN SINGAPORE 0101. |nH FOR RESERVATIONS: 221 2811 H^H Traditional Refined Sushi AOYAMA O-ZUSHI \JS^K Enjoy traditional refined Sushi in the cosy ambience of a wood-panelled Japanese Inn. Our chef s recommendations from the s day's selection
      264 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Interest in Malaysian counters returns
      4601 18  -  By Lim Mui Khi AFTER a poor performance on Clob International over the past week, Malaysian shares were keenly traded compared with the main board yesterday. Prices on both markets, however, ended broadly firmer despite Tokyo's retreat after two days of gains. The Nikkei's 773.25-point
      4,601 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3777 19 Main Board Spore Fodder 200 60 42.9% DBS 1280 20 +1.6% Shangri-La 995 +20 +2.1% FAN 905 20 2.3% Juronf Ship 50* 760 20 2.7% keppd Corpn 720 20 2.9% Inchcape 565 +15 2.7% Goodwood Park 1610 +10 +0.6% Semb Shipyard 700 +10 +1.4% Sea
    3,777 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      37 20 Company Date Year Group Met Net earnings Greet ann to profit/lees (L) per share dividend COM) (cents) Inch Kenneth Apr 6 Dec 89 MJ3,153(13,407) 76.4(82 6) 105(85) Ua Apr 6 Dec 89 J23.939($2,639) 5.7(09a) 3(09a)
      37 words
    • Article
      DIVIDENDS ANNOUNCED
      1314 20 CwTMt Ex Ma Date Ta*al far Tatal lar payment data daM payaMa tfca yaar last yur Unitk Enc 6%TE(I) Apr 11 Apr 17 Apr 28 6%TC Avtno 15%Tf Feb 28 Mar 12 May 15 25%TE 25%TE BAT 909%(n) Apr 6 Apr 19 May J 122.7%<«) 72* Bomte*J 51(1)
      1,314 words
    • Article
      PRELIMINARY RESULTS
      209 20 Company Date Year Croup pro-tax Not earnings Gross ana to profit/loss (L) per share dividond ('OM) (cents) Mulpha bitl Apr 10 Dec 89 M$20,616l($3,165L) Tat Lee Bank Apr 7 Dec 89 $22.579c($14.675c) 14.4(8 6a) 8(65a) Jurong Ertg Apr 6 Dec 89 $2.7201 ($5,049) -(15.1) 7.5(15) Lee Kim Tah
      209 words
    • Article
      INTERIM RESULTS
      43 20 Company Date Half-ywr Group pro-tax Interim ann to profit/loss (L) dhrWomi coo«) Faber Merlin Mar 31 Dec 89 M*7,055l(J22,316l) YTl Corpn Mar 31 Dec 89 M$8.5«l (J5.247) Emte> Mar 30 Dec 89 M$41($523) Seal Inc Mar 30 Dec 89 MJ5.892 ($4,780)
      43 words
    • Article
      CORPORATE DEVELOPMENTS
      425 20 April 9 Man Singapore has set up a subsidiary, Lexd«cor, to provide interior decoration services. At the same time, lexdecor will source for timber and furniture that will be exported to Japan. Keppel Corporation has acquired several blocks of shares and convertible loan stocks (CLS) in Asia Commercial
      425 words
    • Article
      RESULTS DUE
      466 20 Mappw Stocks Last Full Year Cmpmj Period Date T ea Hrt EPS Gran PW martid nfcx (cafe) <•» pre® M n» (rooo) WT Mam Jan 27 Jur 90 1696 1000 S16 Mai Fa* Feb 28 Nov 89 391 100 11.728 Mac* Mi Fatt K* 27 Dk 89 3.4711
      466 words
    • Article
      BOND,LOANS & WARRANTS
      636 20 BOND,LOANS WARRANTS Cjhhway loan t— Wt 2/10 89 to 20/10/94 1 warrant phis J1 cadi or 1 warrant plus SI nominal amount of loan start Q*an 1*9 Ma* Otar *<> m March 87 to 31/12/91 JS5 warrants plus $155 cash. Qm N9 W194 1/8/89 to 29/7/94 1 warrant plus $1
      636 words
    • Article
      APPROVED ISSUES
      336 20 Company Rights Issue MM One-tor tour MS2 40 per share LiKtete Mar 8 Boots dost Mar 22 Acctptance i Payment May 10 CM Two-tor five 0 $2 10 per share Three warrants tor every 10 easting shares held at $0 48 per warrant Ei-date Feb 7 Books dose
      336 words
    • Article
      COMPANY MEETINGS
      168 20 Apolo Enterprises Limited: EGM at Orchid Room, 3rd Level, ApoWo Hotel Singapore, 405 Havelock Road. Singapore 0316 on Wednesday. Apr 11, at 9 30am. British-American Tobacco Company (Sin{apore) Limited: 47th AGM at 57 Senoko Drive, Singapore on Thursday, Apr 12, at 11.30 am Bonvests HokJnjs tinted: EGM at
      168 words
    • Article
      RECORD HIGHS & LOWS
      170 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 htfi 140? 22 (6/2/90) 1990 1607 12 (27/3/90) 1990 low 1290 94 9 4 90) 1990 tow; 1489 53 (26/1/90) 1989 hifti 1322 00 28/12/89) 19 «9 h*tr 1487 76 26/12/89) 1989 low 917 42 4/1/89) 1989 low: 1030 69
      170 words
    • Article
      PROPOSED ISSUES
      383 20 Company Rights Issue Apolo One tor one (a II 85 pet share Cauuway In Capital reduction scheme to reduce par value ot shares from $1 00 to SO 60. Rights issue ot 3:2 fe 1060 per share FAC8 One-tor-one (a MJ0 50 per share Fib* Merit One tor
      383 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      101 20 FOR IMPORTERS AND EXPORTERS. SHIPPING TIMES covers all aspects of local and international shipping (except, of course, the really technical aspects). it The emphasis is on news that is likely O-x to affect the Business Times reader. I Covering the latest trends in the shipping —markets, we also carry up-to-date
      101 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market rebounds on bargain-hunting
      3662 21 MBT, Bernama BARGAIN-HUNTING checked the four-day weak spell at the Kuala Lumpur stock market yesterday and share prices rebounded to close higher. After four days of selling, share prices were beginning to look attractive and bargain hunters decided it was time to move in. Sentiment was
      MBT,; Bernama  -  3,662 words
  • Page 21 Advertisements
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      392 21 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO, AND IN THE MATTER OF SIETAM ASIA PTE LTD M 11, jin mviiiuvi v Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter 50, that the Final Meeting of the abovenamed Company will be
      392 words
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      Page 21 Advertisements Column 2
      459 21 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO IN THE MATTER OF M ARSMAN SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS GIVEN pursuant to Section 308 of fie Companies Act, Cap. 50. toat a Final Meeting of the Members of tie abovenamed
      459 words
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      Page 21 Advertisements Column 3
      78 21 GARMENTS CAJL EXPAT. Experienced U.B.A. Co. Director nov available tor your sourclng production technical verification needs Strong UJS.A. machinery and production techniques. Thirty years experience In Industry worldwide. Enquiries confidential. Contact by April 17th, 1900. Tel/Fax M 793 tra W**' What is the meaning 0f... ALPHABET? I opqrstuvwxyzj t BANDAGE?
      78 words
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      Page 21 Advertisements Column 4
      106 21 Based on the research that developed the successful Collins COBUILD English Language Dictionary $16.90 Now helping even more learners with Real English over 45.000 reference* almost 50.000 real examples detailed treatment of the essential words and meaning of modem English words and meanings explained clearly and simply in hill sentences
      106 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Late sell programs send shares down sharply
      2275 22 Reuter LAST MINUTE sell programs yanked share prices sharply down at the close in thin trade yesterday. Some brokers said the yen's failure to strengthen yesterday triggered more selling of stocks. Mounting fears that Japan may have to raise interest rates to support
      Reuter  -  2,275 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Market loses ground as profit-taking continues
      2280 22 HONGKONG share prices closed lower in quiet trading yesterday ahead of the Easter holiday later this week. The Hang Seng Index eased 12.41 points to 2,942.33 and the broader-based Hongkong Index lost 8.78 to 1,934.40. Turnover dropped to HK5791.43 million from HKS9II.IO million on
      2,280 words
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  • REGIONAL STOCK MARKETS
    • Thai, NZ markets buck weak trend
      • Article
        Untitled
        91 23 Oom PrcrtoM Apr 10 Apr 9 SYDNEY All Ordinaries Index 1,511.0 1,529.0 -22.1 All Industrials Index 2,322.1 2.344.2 -18.0 All Resources Index 888.9 903.0 -14.1 Turnover (million) 62.18 61.39 +0.79 BAMCKOtt SET Index 842.13 835.34 +6.79 Turnover (nearest '000) 9,280 10,328 -1,048 JAKARTA Composite Index 632.09 633.49 -1.40 Turnover (nearest
        91 words
      • Article
        AUSTRALIA
        966 23 AUSTRALIA'S sharemarket closed weaker in thin trade yesterday in sympathy with bearish sentiment overseas made worse by another sharp fall in Tokyo. The All Ordinaries Index finished 18.0 points down at 1,511.0, but off its low at 1,510.4. "The market was fairly nervous to begin with and sentiment became
        966 words
      • Article
        BANGKOK
        716 23 THAI STOCKS finished higher in an active session yesterday dominated by profit-taking on speculative shares and buying support in the insurance sector, brokers said. The Composite SET Index gained 6.79 points to close at 842.13. Advances led declines 93 to 38. Turnover stood at 9.28 million shares valued at
        716 words
      • Article
        JAKARTA
        440 23 ASTRA International once again took the lion's share of the day's action on the Jakarta Stock Exchange yesterday, with another price drop in the key share pulling the market index down by 1.40 points to a close at 632.09. The diversified holding company accounted for nearly half of the
        440 words
      • Article
        Untitled
        322 23 la tocal cwreacy la SS la USl day year day ycar fay year Afr 9 !■<« ckiy cfaage chaay Aur chaage World 4148 1.3 -10.8 1.3 -14.6 1.2 -13.5 1EAFE I 580.4 1.5 -14.8 1.9 -19.5 1.8 -18.4 Europe 436.8 -0.3 -3.1 0.1 -19 0.1 -1.7 ■Sfc 990.9 2.9 -21.7
        322 words
      • Article
        MANILA
        540 23 PHILIPPINE shares drifted to a lower close across the board yesterday as most investors shunned trading before the Easter holidays as a precautionary stance amid rumours of another coup plot. Manila's Composite Index closed at 1,078.64 points, down 8.91 from Friday. The market was closed on Monday, a holiday.
        540 words
      • Article
        SEOUL
        860 23 SEOUL stocks yesterday fell to their lowest level since November 1988 as the index skirted the 810 mark in thin volume. The Composite Index closed at 810.76, shedding 6.02 points from the previous session. Turnover was 158.4 billion won compared with 174 billion in the previous session. It was
        860 words
      • Article
        TAIPEI
        372 23 TAIWAN STOCKS closed broadly lower yesterday as falling prices in the heavily-weighted banking sector continued to cast a pall over the market. The Weighted Index fell 88.65 points, or 0.9 per cent, to end at 9,725.89 against Monday's 9,814.54 finish. Turnover continued to drop, hitting only NTSB6 billion against
        372 words
      • Article
        WELLINGTON
        346 23 MARKED GAINS in leading stocks pushed New Zealand shares sharply higher yesterday but turnover remained low. The Barclays Index closed at 1,756.09, up 22.04 points. Turnover was 5.99 million shares, worth NZ510.62 million. "The thing to watch will be the second-liners to see if the interest follows through to
        346 words
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  • WORLD STOCK MARKETS
    • US share prices edge up on low volume
      • Article, Illustration
        NEW YORK
        1334 24 US STOCKS rose slightly on Monday, and trading slowed to its second-lowest level of the year. The Dow Jones industrial average advanced 4.95 points, to 2,722.07, and volume fell to 114.97 million shares, from 137.49 million last Friday. On March 12, volume was 114.79 million shares, the lowest
        1,334 words
      • Article, Illustration
        LONDON
        966 24 UK shares were around the morning's lows in low volume at midsession with few signs of a break in the general gloom. Tokyo's 2.54 per cent fall contributed to a weaker start before prices fell further on sterling's weakness, lower FTSE futures and some gloomy corporate results, dealers said.
        966 words
      • Article
        AMSTERDAM
        313 24 Dutch share prices started lower in very thin trading due to the rise in bond yields as prices were plunging after market euphoria over a possible two-to-one conversion rate for the swap of East German marks into West German marks petered out, brokers said. Now the markets realise a
        313 words
      • Article
        Untitled
        200 24 Brussels Apr 9 Francs FORWARD MARKET Accc 4685 -5 Aited 5250 +80 Astur. 1476 -4 Brascan Canpac Cock 208 +3 De Beers 750 +22 Ebes 4290 10 Gb-lnno-Bm 1338 +24 Gevaert 8480 +90 Gr Bru Lamb 3980 +10 Hobok Petro II200 unch Ryl Dutch 2635 -15 Sidio SocGenBelg 3285 -15
        200 words
      • Article
        FRANKFURT
        191 24 West German shares plunged a further 1.3 per cent in relatively quiet trade yesterday, edging the 30-share DAX index below the psychological barrier of 1,900 points. The DAX closed 25.35 points lower at 1,898.51. This represented a second straight day of sharp losses after the DAX fell 1.2 per
        191 words
      • Article
        MILAN
        171 24 Milan share prices started lower on monthly options expiry day, with overnight falls in Tokyo and yesterday's losses in Frankfurt dampening investor sentiment, brokers said. The MIB index was down 0.2 per cent at 0930 GMT after having been down 0.4 pet at 0900 GMT. Stocks in the Carlo
        171 words
      • Article
        PARIS
        184 24 International investors are taking the Paris bourse by storm as they reassess the West German stock market after its heady performance, European analysts say. "In the short term there appears to be value from switching out of West Germany into France," said John Reynolds, market strategist at London broker
        184 words
      • Article
        JOHANNESBURG
        317 24 Johannesburg stock market shares were lower at midday in thin trading yesterday, as the gold price traded at around 37S dollars an ounce, dealers said. At midmorning the JSE gpld index was 19 points lower at 1,839. The overall index eased 18 points to 3,113, while the industrial index
        317 words
      • Article
        ZURICH
        277 24 Swiss shares opened lower. Dealers said Tokyo's big loss made investors cautious but its influence shotld be limited. Shares of CS Holding and Bank Leu were suspended from bourse trading until 2 P.M. (1200 GMT) in connection with an earlier announcement that CS Holding was taking over Bank Leu,
        277 words
      • Article
        Untitled
        91 24 Apr 9 Close Previews NEW YORK Dow Jones 2722.07 2717.12 +4.95 NYSE Financial 138 73 137.7 +1.03 Standard Poor's M)0 341.37 340.08 +1.29 Turnover (million) 114 137 -23 LONDON Financial Times 30 1,742.30 1.740.20 2.10 FTSE 100 2.227.70 2.221.10 +660 Turnover (million) unav 440.5 AMSTERDAM CBS General l% *> 197
        91 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Central banks' intervention fails to make any impact on market
      1238 25 FOREX MARKET REPORTS HALF-HEARTED intervention on Monday by seven central banks, including the US Federal Reserve and the Bundesbank, failed to impress the market. The sales followed a Group of Seven (G-7) communique issued after last Saturday's Paris meeting, which
      1,238 words
    • Article
      INTERBANK FOREX RATES
      392 25 Cross rates a,* >o J US$ SS M$ Dm Yen SFr AS NZS < USS 1.8775 2.7310 1.6930 158.00 0.6120 1.4965 I 3098 1.7271 SS 0.5326 1.4546 0.9017 0.8415 0.3260 0.7971 0.6976 0.9199 I MS 0.3662 68.75 0.6199 0.5785 0.2241 0.5480 0.4796 0.6324 Dm 0.5907 1.1090 1.6131
      392 words
    • Article
      MONEY MARKET
      560 25 Interbank rates S$ Btd Offer Overnight 6 1/8 6 1/4 1-month 6 5/16 6 7/16 2-month 6 3/8 6 1/2 3-month 6 3/8 6 1/2 Overnight mode: 6-5/16 L'SS Bid Offer 7 days 8 5/16 8 7/16 1 month 8 5/16 8 7/16 2 months 8 5/16 8
      560 words
    • Article
      Lock icon Taiwan eases tight money policy
      268 25 Reuter TAIWAN'S central bank announced an easing in its tight money policy, saying it would try to drive interest rates down to their levels of July 1989. "The government will continue easing monetary policy, but it does not mean the current (tight money) policy is
      Reuter  -  268 words
    • Article
      Lock icon Dai-Ichi plans futures unit in Chicago
      115 25 Reuter DAI-ICHI Kangyo Bank Ltd is planning to set up a wholly owned financial futures subsidiary in Chicago probably by the end of May, an official at Japan's largest bank said. Dai-Ichi is also seeking to acquire clearing house membership at the Chicago Mercantile
      Reuter  -  115 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1373 25 SIMEX EUtOOOLUU Open High Low Sett Est Vol Op/Int Vol Jun 90 91.47 91.47 91.46 91.46 1272 ***** 7033 Sep 90 91.37 91.38 91.37 91.37 618 5679 1939 Dec 90 91.16 91.16 91.16 91.16 42 2617 294 Mar 91 91.05 91.05 91.05 91.04 57 453 86
      1,373 words
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  • COMMODITIES
    • Article
      Lock icon Base metals may face rising prices, tight supplies
      360 26 Reuter BASE metal consumers may face tight supplies and rising prices in the early to mid--1990s if higher consumption stemming from the upheavals in Eastern Europe is not met by new investment in metals production, analysts say. "I believe the base metal
      Reuter  -  360 words
    • Article
      Lock icon Opec's output well above ceiling
      225 26 AFP OPECs crude oil production for March increased to 24.09 million barrels per day (b/d), the highest monthly total since 1981, the Middle East Economic Survey reported on Monday. The International Energy Agency also said that the total output figure was well above Opec's current
      AFP  -  225 words
    • Article
      Lock icon Oil likely to average US$18
      165 26 Bernama THE crude oil price is likely to average US$lB per barrel this year and US$l9 for 1991 from an average of US$ 17.10 for 1989, according to the National Westminster Bank pic. The market intelligence department of Nat West said in its latest monthly
      Bernama  -  165 words
    • Article
      Tin price drops 41 sen on selling pressure
      837 26 reports THE price of tin eroded another 41 sen to M$ 17.35 per kg on the Kuala Lumpur Tin Market (KLTM) on selling pressure and buyers' reserve. Opening bids amounted to only 30 tonnes against offers of 172 tonnes. As the price
      837 words
  • Article
    PRICES
    1435 26 Rubber apmo j MS (tifcb Mm) S ccnts/kg Noon Close Int I RSS Prompt 154.25/155.25N *****/155.00 Int I RSS May 90 157.2V157.75 157 00/157 50 Int I RSS June 158.50/159 00 I58.2VI58.75 Int 2 RSS OP I52.00/I54.00N 152 00/I54.00N Int 3 RSS OP 146.50/148. SON 146 50/148 50N Int
    1,435 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      596 26 ADVERTISEMENT irmance Motors the Rescue I to happen one not-so-fine day. xpertly into the flow of traffic on m the dizzying chaos of the Newton >out as a bus in the left lane slows near the MRT station. ir eyes to the right for a split second assing lane is
      596 words
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      Page 26 Advertisements Column 2
      15 26 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 27
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1050 27 CHy Flight ETA Flight ETD City Flight ETA Fight ETD Abu Dhabi GA895 235 GA886 0010 SQ105 SQ107 1050 1305 MH641 SQ110 1315 1445 Artol llfla QF7 2025 SQ227 2250 SQ109 MH642 SQ111 MH613 1405 1500 1705 MH631 SQ112 MH610 1610 1630 1645 Amsterdam GA895 235
      1,050 words
    • Article, Illustration
      Resort with a cool US$660m in turnover
      631 27  -  LETTER FROM ST MORITZ By Kevin Liffey SOME 125 years ago hotel-owner Johannes Badrutt invited his English friends to do something really crazy and spend a winter in the snow in St Moritz. He had invented winter tourism. But more than that, he
      631 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3pm yesterday: Ixxal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4290 1.4490 Canadian dollar 1.6000 1.6200 NZ dollar 1.0750 I.I 150 Sterling pound 3.0500 3.0700 US dollar 1.8760 1.8860 I>ocal dollars lo 100 units of foreign currency Austrian schilling 15.40
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      112 27 Duration Title Venue Organ ser Td Duration Title Venue Organiser Td Apr 5-23 International Buenos Fundacion ($4)1/*****65 Apr 21-26 International Barcelona Fena di (34)3/*****01 Buenos Aires Exhibition Aires El Libra Motorcar Business and Accessories Barcelona Apr 7-12 International Bmo, Foires El (42)5/*****11 Exhibition Foire Internati(32)2/*****77 Consumer Goods
      112 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      49 27 Mk Tht business person's choice every Tuesday, t\ Thursday, Saturday and Sundav. Leaving Changi LJk Airport at 21:55 hours and arriving at 1$ J} different cities in the USA the following day. Call your travel agent or Air (laruuLt at 732 #5J5 A Breath Of Fresh air Air Canada
      49 words
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      Page 27 Advertisements Column 2
      24 27 i_l i i _gi 1, X) 331 J 2> A Hk 11 Wk ■r" l n mm I Lira, Hotel Properties ON SALE NOW
      24 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      165 27 30 I aim to get in seafood, but 31 He srecu- scription (6) YESTERDAY'S SOLUTION 3 hesitation The disadvantages of fleeting visits (12) pMATYjEI^ T^TIWAW|EILM 15 Intrepid porter (5) DOWN 16 Everyone at home is ex- lalmmmtmcßqUrmcMal hausted (3-2) Lffl^^lmLßpiulßlilTiAlNl 1 The type to give an impu- |g t j
      165 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      228 27 Singapore OUTLOOK; Showers over a few areas in late morning and afternoon Report for 24 hours prior to 7.30pm on Apr 9 at the airport: Max temp 33J2 Assoc humidity 56 Mia temp 26.2 Assoc humidity- 94 Hrs of sunshine 6.60 Rainfall in nun trace Rainfall this mth 33.2 Rainy
      228 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      28 27 /C3mp»t Tirv\e. TM6.Y AR£ iMTo D6SIC inrn V CT IftuURY J i F|HPi L y I I \fH f| N 5 PVMSBQPTS &P»me-.-J l^G^* 4 30 (u)HO 9*7
      28 words
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  • Article
    Lock icon Japan considering resuming official loans to China
    410 28 Reuter, AFP JAPAN is cautiously moving to unfreeze its loans to China which had been suspended following the military crackdown on pro-democracy unrest in Beijing last June. Japanese Finance Minister Ryutaro Hashimoto said in Tokyo yesterday that Japan should soon consider resuming official
    Reuter,; AFP  -  410 words
  • Article
    Lock icon Gorbachev may rule Lithuania directly
    244 28 Reuter, AFP SOVIET President Mikhail Gorbachev has said that he may impose his new power of direct presidential rule on rebel Lithuania if civilian conflict broke out. Mr Gorbachev was responding to questions yesterday at a congress in Moscow of the KomsomoL, the communist party's
    Reuter,; AFP  -  244 words
  • Article, Illustration
    A day to remember
    39 28 Monday marked a poignant anniversary for Georgia. The people laid wreaths in the capital city, Tblissi, in memory ol 20 demonstrators who were killed during a Soviet armed intervention in the republic a year ago.
    39 words
  • Article
    Lock icon Gorbachev to hold meeting on economy with advisers
    201 28 AP, Reuter SOVIET President Mikhail Gorbachev said yesterday that he will convene a weekend meeting of top advisers to make difficult decisions on the economy, Tass news agency reported. Mr Gorbachev said the meeting on Saturday would adopt the government's package of
    AP,; Reuter  -  201 words
  • Article
    Lock icon Taipei to offer loans from forex reserves
    259 28 Reuter TAIWAN'S central bank yesterday announced plans to lend some of the island's massive foreign exchange reserves to help local businessmen invest overseas. Yu Chen, deputy governor of the bank, said in Taipei that the loans would help Taiwan expand its economy beyond
    Reuter  -  259 words
  • Article
    Lock icon Australia may face recession, says bank
    166 28 AFP AUSTRALIA'S economy worsened more sharply than expected in the March quarter and could be heading into a recession. National Australia Bank said yesterday. Chief economist Julian Pearce said in Melbourne that the slower growth evident in the bank's latest quarterly business survey showed
    AFP  -  166 words
  • Article
    Lock icon Tokyo's G-7 ploy runs into scepticism
    422 28 Reuter JAPANESE EFFORTS to bill a meeting of the Group of Seven (G-7) nations as a success in winning support for the yen ran into market scepticism yesterday, leaving Tokyo monetary authorities in a bind over how to defend their currency. "There was certainly
    Reuter  -  422 words
  • Article
    Lock icon US backs Tokyo's bid for bigger role
    269 28 AP THE US SUPPORTS Japan's efforts to gain a greater say in international organisations to match its economic might, a US official said yesterday. Richard Solomon, the US Assistant Secretary of State for East Asian and Pacific Affairs, said in Tokyo that Washington
    AP  -  269 words
  • Article
    Canadian aid for Cambodian peace
    190 28  -  From Paul Gopal in OTTAWA THE CAMBODIAN peace process got a boost yesterday when Canada's External Affairs Minister Joe Clark announced his country's contribution of Csl.s million to the UN Cambodian peacekeeping fund. The Cambodian peace process "is now in a critical phase" said Mr
    190 words
  • Article
    BG Lee given insight into Taiwan's thinking on R&D
    367 28  -  From Loh Hui Yin in TAIPEI TRADE and Industry Minister Lee Hsien Loong was given an insight into Taiwan's thinking on research and development when he held discussions yesterday with the key personnel responsible for its implementation. Brigadier-General (Reservist) Lee met
    367 words
  • Article
    Lock icon Chinese troops quell rioting in cities
    144 28 AFP TROOPS were deployed in three cities in the north-west Chinese region of Xinjiang after an outbreak of rioting coinciding with Ramadan, the Muslim month of fasting, sources in Beijing said yesterday. Units of the People's Liberation Army were airlifted to Kashgar, Hoton and
    AFP  -  144 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      141 28 TPS Iron Full Perimeter Weighting Optimum Balance »Softer Feel —'Ik Pbwerjßilt Wby play a round with anything less? Mini Scribe Peripherals (Pte.) Ltd. I Mini Scribe (Hong Kong) Ltd. Assets of the Mini Scribe Peripherals disc drive manufacturing plant in Singapore and the associated PCBA plant in Hong Kong operated
      141 words
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      Page 28 Advertisements Column 2
      8 28 Gorbachev adviser sees opposition to reforms, Pg 10
      8 words
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      Page 28 Advertisements Column 3
      6 28 More reports, P| 7 aad 25
      6 words
    • Advertisement
      Page 28 Advertisements Column 4
      196 28 The world's best persimmon wood is now jm even better.... and comes with a 3-Year Warranty. Iha' Leader, Pg 12 For Sale by Tender (As instructed by the Mortgagee Bank) Warehousing Land at Sindo Industrial Estate off Upper Thomson Road Freehold Tenure Site Area 4,836.7 sm (52,062 sf) Zoned Warehouse
      196 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Philippines seeks training ship
        98 29 THE PHILIPPINE MERCHANT Marine Academy (PMMA) is negotiating with German shipowners about the introduction of a training ship for both academy and nonacademy cadets. PMMA president Commodore Gil S Fernandez told Fairplay that the two parties have proposed the setting-up of the Hanseatic-PMMA foundation to manage
        98 words
      • Article
        Lock icon US$6.5b for S Korean port development
        102 29 Seatrade Week SOUTH KOREA is to spend US$6.5 billion over the next 10 years on port development. Cargo flows are predicted to grow from 206 million tonnes in 1989 to 450 million tonnes in 1996 and 560 million tonnes in 2000. The heavy investment
        Seatrade Week  -  102 words
      • Article
        Safari boosts S Africa-East Asia service
        87 29 THE SAFARI CONSORTIUM operating between South Africa and East Asia has added a fifth vessel, the 1300-TEU Langenberg, to allow sailings at intervals of 12 days instead of the present 15-day departures. Members of the Safari consortium are Nedlloyd Lines. Safmarine, Nippon Yusen Kaisha,
        87 words
      • Article
        Lock icon Proposed Inquiry into ferry fire
        81 29 Reuter NORWAY HAS PROPOSED holding a joint inquiry with Denmark and Sweden into a weekend ferry fire disaster which may have killed around 160 people. Norwegian police have launched an arson investigation into the blaze aboard the 10,513-tonne Scandinavian Star, which was carrying almost 500
        Reuter  -  81 words
      • Article
        New service from Lloyd's Register
        93 29 LLOYD'S Register has launched a new service to help the chemical industry reduce the environmental impact of its operations. Its environmental assurance service offers a company a complete overview of all aspects of plant operation, from existing procedures through to management techniques where they have
        93 words
    • Article
      Lock icon Exxon pleads innocent to criminal indictments
      149 29 AP EXXON CORP and a subsidiary pleaded innocent on Monday afternoon to five-count criminal indictments charging them with various federal crimes in the nation's worst oil spill. Attorneys for Exxon and Exxon Shipping Co entered the pleas in two separate arraignments before US district
      AP  -  149 words
    • Article
      Index to advertisers
      1172 29 Poge Column ABC Conto«nerlmo Thirteen 5 Accord Shpg Ten 3-5 AlOotro* Seo-Air Seven 5 Alfred C Toopfer fow*—* 5 Ahronfciel liner Fifteen 5 AfC line l«9*» API fi»« 3-5 AFS Fourteen I Af.myro line Fifteen 4 5 Arrow line* Nino 5 ASG Fifteen 3 Avon Eaprpti 4
      1,172 words
    • Article
      Lock icon Japanese port strike planned for today
      192 29 AFP JAPANESE harbour workers are expected to stage a half-day strike today and an indefinite boycott of container cargoes if port managements failed to come out with an acceptable offer of higher wages and better working conditions by the end of yesterday, union leaders
      AFP  -  192 words
    • Article
      Lock icon Joint venture
      42 29 Reuter CATHAY PACIFIC Airways Ltd and Kansai International Airport Terminal Building Co Ltd have set up a joint venture to provide ground service for foreign airlines at the planned Kansai International Airport in western Japan, a Kansai spokesman said. Reuter
      Reuter  -  42 words
    • Article
      Trial runs on EDI concept now underway at Klang
      386 29  -  By OTHMAN ABU BAKAR TRIAL RUNS on the Electronic Data Interchange (EDI) concept are currently underway at the Klang Container Terminal (KCT). The project, which began last month, involves a shipping line and five shipping agents. They are Maersk line, Nedlloyd
      386 words
    • Article
      EAC-Saigon Shipping to launch direct link between Vietnam and HK/Taiwan
      361 29  -  By JEAN FOONG SINGAPORE-BASED EACSaigon Shipping, which operates a Singapore-Vietnam service, will launch a direct link between Vietnam and Hongkong/Taiwan on April 20. The new service, which offers an eight-day sailing frequency, aims "to meet the demand of clients in
      361 words
    • Article
      PSA awards land lease to SPC
      263 29 THE PORT of Singapore Authority has awarded a land lease contract to Singapore Petroleum Corporation for the construction of an oil terminal on Pulau Sebarok. The contract provides SPC with seven hectares of land with which to construct oil storage and terminal facilities. PSA
      263 words
    • Article
      Lock icon A complicated sort of job
      938 30 What does a futures broker do? Fairplay talks to Philippe van den Abeele, chairman of public relations at Biffex, who takes us on a voyage into a world few shipping people really understand. Fairplay IT LOOKS GOOD Four telephones cooling off after a hectic morning.
      Fairplay  -  938 words
    • Article
      Indian yards said to be too slow to compete effectively
      419 30  -  By. JULIE CHATTERJEE writing for Business Times from Manila WITH ORDER BOOKS filled up until 1992 for most shipbuilding yards the world over, Indian yards could grab the opportunity to bag orders, but their pace is too stow, pointed out
      419 words
    • Article
      Lock icon Weekly freights
      845 30 AFP THE RECENT slide in freight rates continued last week, due largely to disappointing lack of demand from Soviet and Japanese charterers, traders said. The Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) lost 83 points on the week to end at 1,488, continuing a run
      AFP  -  845 words
    • Ships in Port
      • Article
        SINGAPORE
        2114 30 AT CONVENTIONAL WHARVES Marina Batom Soyong *****0 MIC alongside 1104/ 2300 B'ostag. 14,90 M2C alongside 1004/ 2300 < i Voy No Barlh Arrival Dapartura Hong Eng Indoh Joyo ***** *****0 MIC M2A alongside alongside 1104/ 1500 1004/ 2300 Monk o io Exp *****0 M2B alongside 1004/ 2300 Syohputra *****0
        2,114 words
      • Article
        MALAYSIA
        262 30 Port Klang South Port: Alam Aman berth 3; Builder 111 berth 4; New Line No 1 berth 7A; Kolim Cal/Kolim 6 berth J. Shell KCT: Melita berth 8 North Port* Mulpha Taiping berth 12; Ribuan Jaya berth 13; Haewoo No 3 berth 17; Glory Selatan VI berth 18; Tai
        262 words
    • Article
      London Freights
      927 31 DRY CARGO freight rates continued to slip on Monday with a modest four point decline in the Baltic Freight Index (BFI), but dealers noted some signs that the fall may be beginning to run out of momentum. The key US Gulf to Japan heavy grain route was fixed
      927 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11463 36 AARNUB Ned Oelft. ScanOutch. April 12 Arild. Maerak Line. April 12 Noraaia Susan SeaLand/Noraaia April 13. Ever Glowing. Evergreen. April 14 Ming Sun. Yang Ming Line. April 14 Tokyo Bay. Triot. April 10 Nihon. ScanOutch. April 10 Villa de Mercure. CM O'Aftretement.
      11,463 words
    • Article
      Lock icon Hanjin expects steady growth in Pacific westbound trades
      414 44 The Journal of Commerce HANJIN SHIPPING Co s Ronald P Schley anticipates a steady to strong trade westbound in this year's transPacific container business, but the eastbound trades are expected to show only slight growth. "We had good volumes eastbound in 1989.
      The Journal of Commerce  -  414 words
    • Article, Illustration
      Lock icon Revived interest in US rig builders
      263 44 Lloyd s List US OFFSHORE rig builders are set to make a comeback with two firm deals tied up in as many months and a third contract in the pipeline. The interest follows the strong recovery in secondhand rig prices over the past year
      Lloyd s List  -  263 words
    • Article
      Jan Sander elected Inmarsat chairman
      162 44 JAN SANDER OF THE NETHERLANDS has been elected chairman of the Inmarsat Council for the coming year, succeeding Mr George Symeonidis of Greece. Inmarsat, with 58-member countries, operates a global system of eight satellites to provide mobile communications for maritime, aeronautical and land mobile customers
      162 words
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      Marine black boxes to be produced soon
      250 44 LLOYDS REGISTER'S patented voyage data recorders. commonly known as marine black boxes, will be commercially manufactured shortly, according to Dr Ross Goodman, assistant chief surveyor of LR. They will be priced within a range of £30,000 and £100,000, depending on the size and
      250 words
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      Lock icon Parcel carriers discover 'tourist' package business
      285 44 Cargonews Asia BOTH Nippon Express and Yamato Transport are in the process of boosting their global express parcel delivery services. While the door-to-door business took off some years ago. new impetus is coming from the boom in overseas travel by the Japanese and the
      Cargonews Asia  -  285 words
    • Article
      Conferences
      173 44 THE MAJOR shipping conferences operating between the Far East and North America: Asia-North America Eastbound Rate Agreement (Far East (excluding Japan)/North America) American President Lines Sea-Land Neptune Orient Lines Maersk Line Nippon Yusen Kaisha Line Mitsui OSK Lines Nippon Liner system "K" Line Trans-Pacific Westbound Rate Agreement (North America/Far
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      30 29 How to look after (§3M§ AvoiUMt loeckty at mq/or STP Distributors bookshops and ntws-stsnds For advertising and circulation anqulrlaa, plaaaa call Bualnaaa Tlmaa, Tal: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
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      Page 29 Advertisements Column 2
      19 29 Linos and services represented by Members of the Registry of Accredited (rwicSljlVi Shipping Agents, Singapore National VvK Shipping Association.
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      Page 29 Advertisements Column 3
      275 29 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN HAA CCU INGER RIIS 02 13/4 20/4 SUPER EIGHT 01 23/4 30/4 CALL: *****71 (Set Page 13 Column 4). INSIDE A complicated sort of job WHAT DOES a futures broker do? Fairptty talks to Philippe van den Abeele, chairman of public relations at
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      2302 31 ZZZZ 200 Cantonment Road #12 05 Southpoint. Singapore 0208 AlVlfr Tal *****11 TELEX NO RS ***** ■m Iffvnra TERMINAUCFS Tet 32QQ218 220 l' gmftfl ?1 BOOKINGS Tal *****34 235 A PESAKA jardine shipping agencies son bno PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** IT I v, Tr iSjIS PENANG TEL
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      2302 31 VMM Voy ETA I ETO "Port 'Penang DESTINATIONS Singapore KMng Thie week Marchae M Feeder by n/« oioo Hfis m Fare© ft HHH Hi BMM Cra 1«4 1400 MRS M Tauro OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MOW TOfl MARCHEN M 9004 mPi 12/4 "lid fsld
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      1189 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE ALASKA MARU 10/543 10/4 12/4 30/4 2/5 4/5 5/5 7/5 TOKYO BAY 97/542 18/4 3/5 5/5 7/5 8/5 10/5 HEIDELBERG EXPRESS 08/546 17/4 20/4 8/5 10/5 12/5 13/5 15/5 OSAKA BAY 93/545 19/4 14/5 8/5 10/5 7/5
      1,189 words
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      603 32 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT TBN 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO TBN 25/4 29/5 1/6 4/6 6/6 Ag«nts: SINGAPORE: *****00 S JAYAMariwM* BOOKINGS: *****08 NORTHBOUND TO UKC Is'PORE IrDM/A'DAM HBG MULL(U.K) TAUSALA SAMOA V.I7N 23/4 20/S 24/5 21/S CLYDEBANK
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      Page 32 Advertisements Column 3
      1381 32 Qgrnmsisxst sjtmrn' REGULAR INDEPENDENT FULL CONTAINER SERVICE I WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LNA 2IA (VIA (VIA A M i P 0 **ASIA SUSAN 9006-3 13/04 17/04 29/04 04/05 06/05 01/05 10/05 11/05 12/05 13/05 14/06 ARABIAN SEA 007W 20/04 24/04
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      1619 33 inirruiu lines, weanesaay Apru 11 in* festeamers Maritime Holdings Ltd k- PJg.A m wm STRAITS SHIPPING wVr f" SMam ta Hi nl. East Malaysia. Containers ACCEPTS DUE SAM Sport PKlang S'ton H burg I'haven R'dm La* CARGO ALASKA MAftU 10/04 11*4 3004 K/«6 04/05 05* 07/05 uy TOKYO bat li/M
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      Page 33 Advertisements Column 2
      1774 33 TO: EUROPE TO: FAR EAST Sl> LN RDM HAM BRE FIX STORE HK RAO BU CHOYANC SUCCESS OMW 14(4 2/5 iff 4ff Iff 7/5 CHOYANC CHANCE 04IE 12/4 W I*4 2M HANJIN TONGHAE 073W 71/4 Iff lOff llff Uff Uff QUEENSWAY BRIDGE 013E 1M I*4 20/4 2M HANJIN ROTTERDAM OOfW
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      26 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 27/4 KARACHI Aaonto HMUIAWA MtJSHM N.T.V. TNAMWORTATION CO. (PTfJ LTD. Tot 22*022 Tic n I1«11 For *****4
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      332 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL AM6ALIKA ASEAN ASIAN TRADER STAR VOY NO 54 1 112 Sport 13/4 26/4 30/4 P Kelang 29/4 2/5 Penang Hong Kong Yokohama 14/5 19/5 20/5 Nafoya 10/5 17/5 Osaka 4/5 15/5 Senboku Kathima Funabashi •For Discharging Only NOTE: ALSO CALLING
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      635 34 DJASAQETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUO€RA fHDOMESIA P.T. TRIKORA LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSIVVOY S PORE R OAM, H BURG BREMEN ANTWERP ADAM S.PANJANC/2SWB 11W 14/5 11/5 22/5 25/5 MAT ARAM; 2MB 30/4- 2/5 5/t 10,6 2/t 15/S BAAB
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      774 34 (jS HANJIN SHIPPING yy «F FULL CONTAINER SERVICE IT— *1 Lrt4 ri dj H hlf B hlyto F towl FEEDER W SIN LINE HAUL UU OAK 1M TT jT 45 CHOYANG CHANCE M6E 12/4 H SCOUL 1031 11/5 Ll/5 2IS 9« I<VS IUS 1W IVS QUEEN S WAV BRIDGE 013E
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      Page 34 Advertisements Column 3
      62 34 TRI-CEL FREIGHT SERVICES PTE LTD 34A, Tanjong Pagar Road Tel: *****02/*****11 Fax: *****54 Tlx: RS ***** Contr Vessel SIN Loading for F.S. SHAN 29/4 Jeddah, Limassol, Mersin FY. SHAN 09/5 Alexandria, Tripoli/Lebanon F.Y. SHAN 29/5 Beirut, Lattakia, Piraeus L. SHAN 10/5 Lagos, Matadi MELITA/9007 11/4 Madras EXPRESS CONVENTIONAL SERVICE Vessel
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      Page 34 Advertisements Column 4
      1580 34 I PKL S6P HKC KSC KLC PUS HKT OSK TYO BAI LHV ANW ROM FLX HBC SCP EVER CRACE *4 12/4 20/4 11/4 22/4 2*4 27/4 29/4 2/5 27/5 7/1 M *1 12/4 5/7 EVER CLEAMY im 17/4 »4 zu* 27/4 »< V* 7/s 14 1* 12* LV» IS* 7/7
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      Page 35 Advertisements Column 1
      1345 35 PACIFIC INTERNATIONAL LINES (PTE) LTD mSSSSSSS B JHI P,L Building, 140 Cecil Street #03-00. Singapore 0106. 1 JAKARTA I I BANGKOK I VESSEL VOY SIN J'KT SIN VESSEL VOV SIN BKK SIN DELTA MAS 130S IS/4 IS/4 23/4 KOTA NAOA 01AN 11/4 IS/4 >1/4 OOWA 5958 IS/4 IS/4 PEGASUS PROGRESS
      1,345 words
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      Page 35 Advertisements Column 2
      1115 35 r BENLME CONTAINERS LTD A 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VQY SP PK STON HAM B'HAVEN ROAM HAVRE AJaska Maru 10/543 inPt In Pt 30/4 2/5 4/5 Tokyo Bay 97/542 16/4 3/5 7/5 5/5 Hetdetoerg
      1,115 words
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      Page 35 Advertisements Column 3
      501 35 M MYANMA \Pmmk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok HPAAN VIUW 7/13 Aw PAGAN VISSW nm APR PATHCIN VlOl 24/30 APR MYOMA TWA VI2S 25/21 APR MERGUI m 15/20 MAY THE BANK LINE (A aervice of Andrew Weir Shipping) Wr SEMI-CONTAINER SERVICE
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      539 36 (OiHiBIBI IRANIAN SERVICE Singapore Loading for:A VSL MID Banda Abbas mmmm (NjUmil Line Of Millet) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG L 0 ENS£NADA L.CABOCNAS S CRUZ MAIUANILLO MTAL *24 1/4 M lift OAXACA VU 11/4 13/5 14/5 11/5 M/ 5 25/5 MORELOS VII 27/4 22/5 24/5 21/5 *5
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      338 36 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC IBM OAK St* FROM PSW LBH OAK SEA HUG SIN HYUNOAI PIONEER 31E 1304 19/04 07/05 10/05 13/05 HYUNDAI EXPLORER 29* 12*03 15«3 11/03 05/04 12/04 LALANOIA 31E 20,04 26/04 14/05 17/05 20/05 HYUNOAI COMMANDER
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      64 36 SOUTHBOUND rtSSEI *OY OSA NGO YOK HK6 fsjii Ifrm get A API TAN BABIYIYSAIY U SLO SLD SLD 7/4 12/4 20-73/4 24/4 KAPITAN SILIN 11 15/4 13/4 12/4 20/4 25/4 36/5 7/5 NORTHBOUND VtSSCL ¥OY ***** GTON [SPoSTI HKG OSA NAG YOK K API TAN BABIYfYSKIY 11 19 20/4 23/4
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      288 36 CCNI# Compart la CKilcna de Navegacion lnirroceanica S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT T.B.N. 25/4 7/5 10/5 17/5 22/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP [T.B.N. 25/4 5/6 7/6 10/6 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDMG *****07 ITSBSnRCKI 10SHEHTOH WAY. STORE 0207 IHHTTKBIH
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      781 37 'MgiWS- inter Con MAKiriMi ini ill) FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —15/4 TOKYO —19/4 LE HAVRE —16/4 LAUTOKA —26/4 KEELUNG —15/4 YOKOHAMA —19/4 ROTTERDAM —16/4 SUVA —26/4 MANILA —13/4 KOBE —19/4 UK PORTS —16/4 BANGKOK —14/4 AUSTRALIA HAMBURG 16/4 FAST AFRICA BUSAN —13/4 GOTHENBURG —16/4 EAST
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      Page 37 Advertisements Column 2
      720 37 Nedlloyd we GIVE YOU THE WORLD gnffijw j Nedlloyd Lines wW I NEW ZEALAND/FIJI M m liSa Tjkt P»5 likk FijKA) Tim.™ Lytteiton(B) fcmed.n(B) Napwr Wl.nfton(C) Tiurinp N Rochester i < 9006 In Pt 14/4 11/4 11/4 13/4 11/4 1/5 8 5 W 3/5 H N RoarNV9oo7 »4 2M 2*4
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      Page 38 Advertisements Column 1
      1122 38 N. AMERICA-ATLANTIC COAST miflilfli VOY "INOO 'PK/PNG [sCP LB CHLS NFK NYC HFX OOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 19/5 23/5 OOCL FAITH 19 22/4 21/4 19/4 12/5 22/5 24/5 26/5 30/5 OOCL FRIENDSHIP 23/4 24/4 26/4 19/5 29/5 31/5 2/6 6/6 NEPTUNE JADE 24 30/4 1/5
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      732 38 ETD SIN (1 DAY) 1 +(1 DAY) ♦(1 DAY) MENA 13/04/90 PORT KELANG PENANG BANGKOK VICTOR TWICE/WKLY ■HHHM *****56 T jk A»ki BOOKING. CONTACT w ETD SIN (3 DAYS) (2 DAYS) (1 DAY) 15/04/90 H NG K NG JHik KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY LTD SIN 6 ♦(1 DAY) +{4 DAYS)
      732 words
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      Page 38 Advertisements Column 3
      317 38 Continental Pacific Shipping Jf TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK 10A0INC FOR ARTEMISION SM SETE/ROH/ANT/FIU/UK BYRON V In Pt 22/4 SETE/RDM'ANT FLU'UK ARBELA 13/4 In Pt SETE/RMI/ANT/FIU/UK Loads Sabah/lndonstia MULTIPORT AGENCIES (S) !\h PTE. LTD. W TEL: *****77 FAX: *****31 \|?J/ P.K. MULTIPORT SON BHD TEL: 3M2109
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      Page 38 Advertisements Column 4
      677 38 GOLDEN LINE A CUAN GUAN SHIPPING (PTE) LTD li' jC V 4 23. Telok Ayer Street SINGAPORE 0104 1 TEL *****H (10 LINES) Fai *****04 STRAITS/PERSIAN GULF SERVICE: S'port P Kttanj Ptntnj GOLDEN HAVEN CotorrtxvKjridwDubai 14 16 Apr GOLDEN BEAR Colombo/lUracft. Oubu */2l Apr CHINA SERVICE YU QINC Huangpu Shin|hai
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      1810 39 NEPTUNE AGENCIES PTE LTD SINGAPORE Sj (CR No: **********0 E) yy Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 mm USA *****16, FAR EAST *****48 Documentation: *****44/*****14 AW Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 KVTDRTSL/VOY PKN pug SOP MOTHKR VSL/VO* SGP
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      1253 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Harket Street Singapore 0104 Tel. *****33 (15 Lines) Terminal Office: *****41# Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PTHfIHC P KELANC MESSRS HA I TNONC SMIPMNC 127 PawgStreet. Penan* Malaysia l*S HANOIINC SYSTEM COi SM
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      780 40 "P" r l" n i I DSR LINES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK v. INTEGRATED CONTAINER SERVICE 7) MEMBER Of EACON SERVICE u Va TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE v OUTBOUND SIN ICA ANT RDM HBG RST RUEBCLAND 11% W>4~ 30/04 10/05 10/05 12/05 13/05 R W UIBRICHT 4/90 01/05
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      Page 40 Advertisements Column 2
      1158 40 roc coNvnmoNAi wkvick auai P KLG PNC P C Losing far ONGCHUAN 30/3 Rottardam/Antwarp ANCCHUAN 21/4 Rottafdam/Antwarp CHINA TOLL COWTAINK* MCTVICM essal PKL PNC SPORE BKK HKG SHA QIN LYC It IHE SO 27/3 2S/3 31/3 S/4 10/4 ANG FANG KOU 125 31/3 2*3 5/4 U/4 I*4 20/4 ccaotfflf FCL
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      Page 40 Advertisements Column 3
      259 40 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 10 490 12 490 PANJANG/PK BALAM NAGA JAYA 13.4.90 15.4.90 PANJANG LAMPUNG JAYA IN PORT 10.4 90 PANJANG PINANG JAYA In PORT 12.4.90 PANJANG/PK BALAM PERITA JAYA IN PORT 15.4.90 PANJANG/JAKARTA ABADI
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      526 40 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 16/4, 26/4, 2/5 12/5, 18/5, 23/5, 29/5 [EUROPE I :To all inland points: VIA VOSTOCHNY
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      517 40 II try ■HJWWJWEfWWJJTTTiJiyifiJnS II |AH W^M.l3.^lL'ikfJi 1 Mlu-IIIJILL±IM ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) [vcsti Ivor 1 shwapom bamckok j MAHA BHUM 04N Wed In Port Sat 14/4 MEKHANIK KURAKO 04N Fri 13/4 Hon 1M PIYA BHUM 220N Sat 14/4 Tut 17/4 CHAIYA BHUM 04N Sun
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      1050 41 anirrinu iiniUj EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 11/4 17/4 A VSL 18/4 23/4 (Conventional Service) ETA S PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 13/4 CTG/MONGLA EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALKINDI 23/4 Ummqasr/Baghdad EAST MALAYSIA SHIPPING ENT.
      1,050 words
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      204 41 N' VESSEL VOY ETA LOAOING FOft SPORE AMOINET 1«WB 07/06 DARESSALAAM MOMBASA. DJIBOUTI AMOINET 19WB 0"«> ASSAB. MASSAWA HOOEIOAH array WON; ?4WB (XVO6 DARESSALAAM MOMBASA. DJIBOUTI ABBAY *OHZ ?«WB raw ASSAB MASSAWA hoqeioam KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND sou AFRICA ACCEPTING BOTH FCL/LCL CARGO
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      606 41 MASKAPAI PELAYARAN WpuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA t 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
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      683 41 ll'liil BAY OF BENGAL SERVICES MADRAS CALCUTTA llttfll 111 »l» ■> tin INGER RIIS 02N» 13/4 20/4 27/4 KTTE RIIS 03N90 10/4 26/4 03/5 DANISH FLAC INCER RIIS 03N* 27/4 04/5 11/5 YEAR BUILO —IW MEETE RIIS 04NW 03/5 10/5 17/5 INGER RIIS 04NV 11/5 11/5 25/5 MEETE RIIS 05N10
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      406 41 TO AUSTRALIA/NEW ZEALAND rm |f rwwn. |—>».rn» o*m*' musui 2« MS a* S< J/J M 11/J c verouk mi wi w w 5S 55 n/» unwrai OH Tvi Si Si w v TUT EXPRESS Ml IS MM Stt M* S» V IX DATS TO MELBOURNE! TO USA/CANADA 55 IW Qrl—M
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      703 42 compania peruana nEQL de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore KAMALEVERETT 21/23 Apr 24/26 Apr THOMASEVERETT 29/ 1 May SHAPLAEVERETT 15/17 May W?\ "EVERETT ORIENT LINE" JAPAN/BAY OF
      703 words
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      674 42 FULL CONTAINER SERVICE accepting FCI/ICL cargoes to USA East West Coast. Caribbean.East Canada. HAITI Guatemala and Honduras VSL IS PORE IMAINLINER [LAX |KST |SAV |NYC [HEX 2IM BRISBANE 10(4 ZIM PUSAN I*s 24/5 27/S 2*5 ML/5 ZIMKOPER 19/4 ZIM CALIFORNIA 25/5 3/t W I¥* ZIM KAOHSHINC 29/4 ZIM LIVORNO Jl/5
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      Page 42 Advertisements Column 3
      693 42 SING KWANG HANGI 0 TAANOPOftTATKM (PTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 19/4 22/4 JENWEL 13/4 16/4 "1 VESSEL S PORE BANGKOK A VESSEL 14/4 17(A A VESSEL 21/4 24/4 DESTINATIONS ETA SINGAPORE PORT KELANG 13 APR MANILA 20 APR HONG KONG. ALL CHINA PORTS 14
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      473 42 [W PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOV SINGAPORE JAKARTA SURABAYA PRASETIA 83A In Pi 14/4 PELOPOR 937 14/4 17/4 PRASETIA 85A 18/4 21/4 PELOPOR 938 21/4 24/4 TANTO UTAMA 67 12/4 15/4 TANTO UTAMA 69 19/4 22/4 TANTO UTAMA 71 26/4 29/4
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      357 42 SIM f4l EAST 15/4 KEELUNG/KAOHSIUNG 15/4 BANGKOK 13/4 MANILA 14/4 JAKARTA 13/4 PORT KELANG/PENANG 16/4 BUSAN 13/4 TOKYO/YOKO/KOBE 15/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EMMPE/UK 15/4 LDN/FLX/LVP/SOU 15/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 19/4 L.A./NYC/SFO 19/4 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND
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      62 43 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEL/VOY SPORE SURABAYA JAKARTA PERM AI I 0034-034 12/4 15/4 17/4 PERMAI I 0035-035 20/4 23/4 25/4 PERM AI I 0036-036 26/4 29/4 1/5 PERMAI I 0037-037 4/5 7/5 9/5 IF—-Tl (avJJASG FORWARDMG (SINGAPORE) PTE LTD. SCANDINAVIAN WEEKLY DEPARTURES GOT STO OSL CPH HEL TEL: *****55
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      89 43 SOL LUNA ETA 14-18/4 FOR BANGKOK Koala Express/Joon Liner Services BV r FULL CONTAINER SERVICE FROM SINGAPORE TO UK/CONTINENT I^*ll j VESSEL VOY NO SIN LIV FLX HBG ROT WATERDRAGER 602 NB IN PORT 28/04 06/05 08/05 10/05 WATERSCHOUT 603 NB 08/05 25/05 02/06 04/06 06/06 WATERKLERK 604 NB 27/05
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      Page 43 Advertisements Column 3
      523 43 VSL DESTINATION ETA SIN MEKHANIK KURAKO 04N BANGKOK 13/4 PtVA BHUM 220N BANGKOK 14/4 CHAIVA BHUM 04N BANGKOK 15/4 MAMA BHUM OSN BANGKOK K/4 SO ORIENT 1M CEBU, MANILA 13/4 AKA BHUM 1(S CEBU. MANILA 20/4 VIRA BHUM V 72 CHITTACONG, MONGLA 19/4 VEGA V.I2A KARACHI. BOMBAY 12/4 0 SINCERITY
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      Page 43 Advertisements Column 4
      747 43 v. I 1 ft f General Agents: 71RAA/S-L/A//C ft/9 PENANG-KL: alucoonk SINGAPORE: /TF^S JB«r 04-*****2 *****8995 778 6522(22 lines) OSS Marina Of* Suaan N«/ChfiaMna CMaw Altca Yao/EaVtar Vao I SM m. DSN W«Y IOHFU VOYOOW 19/04 30/04 06/06 OMIT IALS PROSPERITY VOYIOW 2W04 10/06 15/06 OMIT IcHOfU VOYIIW 06/05 19/05
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      1092 44 UK/CONTINENT (TRIO) EH^H IS'port PKeianf iS'ton M'bur| B'ha»e« R'dam Lah Htltiriki TOKYO BAT 11/4 IKS Irt 7/5 4/5 Ufi Rotterdam :Is Antwerp, Oata, Sladtheim. Helm*! hchxupg EXPRESS ju/4 y|g i£ w *s MEDITERRANEAN (MED CLUB)* JEDDAH Singapore I Plraatia B'celana M'millm Genoa Triaete JJJJ MAKATA lEr W* 3/5 5/5 7/5
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      Page 44 Advertisements Column 2
      84 44 j0 v WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73 TLX: ***** WGATE wK The Difference SOUTH EAST ASIA PAR EAST USA ALL POUT (BANGKOK 21/4 |HONG KONG LOS ANGELES 22/4 MANILA 20/4 jKEE/KAO 17/4 NEW YORK 22/4 JAKARTA F" s*"5*" 19M EUROPE rrOKYO/YOKO 17/4 P KELANG/PENANG 20/4 [RANGOON
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      143 44 10S |10QE SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON APRIL 11. LEGEND R Thunderstorm Temperature o c A Weather Wind direction with speed m knots Rom Cloudy Sky Wave height Surface winds ore indicated by arrows which fly with the wind One full circle represents calm or light
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