The Business Times, 2 May 1990
1990-05-02
1
39
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The Business Times
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Title Section12 1990-05-02 1 BUSINESS TIMES MCI (P) 170/ i 2/89 Wednesday May 2 1990 75*12 words
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NEWS SUMMARY
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55 1990-05-02 1 AUSTRALIA'S largest bank, Westpac Banking Corporation, yesterday announced that it will form a joint venture in Indonesia with PT Pan Indonesia Bank Ltd. Stuart Fowler, Westpac's managing director, said the two institutions had signed a memorandum of understanding and hoped to launch55 words
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Article49 1990-05-02 1 FORMOSA Plastics, Taiwan's biggest private conglomerate, and Indonesian interests have agreed to invest in a multi-billion-dollar petrochemical project in Xiamen on China's southern coast, said to be by far the largest ever Taiwanese investment in China. The Tuntex Group and the Sanlin Group are also involved.49 words
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Article25 1990-05-02 1 THE INDONESIAN government is slashing cement exports this year to ensure an adequate supply to meet steadily increasing domestic consumption Page 625 words
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Article32 1990-05-02 1 EAST GERMANY'S Economy Ministry is battling with the mammoth task of introducing the basic framework of a market economy in time for monetary union with West Germany Page 732 words
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Article32 1990-05-02 1 US TRADE Representative Carla Hills has said that she is not designating Japan as a country denying fair and equal market opportunity to US construction services Page 832 words
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Article31 1990-05-02 1 INDIA, isolated on the US trade hit list for erecting barricades against foreign competition, still insists that it will not negotiate under threat of retaliation Page 831 words
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Article18 1990-05-02 1 IS US President George Bush an average Joe, or a closet elitist? Page 1518 words
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Article26 1990-05-02 1 THE JOHOR Port Authority has urged the federal government to delay approval for a second link with Singapore. Shipping Times Page 126 words
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MARKETS SUMMARY
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Article51 1990-05-02 1 WALL STREET stocks were higher over a broad range. A rise in bond prices and Monday's strong closing pushed stocks higher but traders were not confident that the buying would endure. The Dow was ahead 14 at 2670 and gainers led decliners by* over two-to-one in early51 words
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Article57 1990-05-02 1 LONDON share prices were higher at midday yesterday, pulled up by a rise in shareindex futures contracts and a sense that the market has adequately discounted Britain's political and economic woes, dealers said. At 1110 GMT, the Financial Times-Stock Exchange 100-share index was up 21.7 points, or one57 words
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Article19 1990-05-02 1 SINGATRONICS is considering other potential offshore locations to site new manufacturing operations "for strategic reasons" Page 219 words
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Article30 1990-05-02 1 UOB AUSTRALIA Ltd, a merchant banking arm of United Overseas Bank, saw an increase of almost 128 per cent in profits last year Page 430 words
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Article30 1990-05-02 1 MARKETS in the following countries were closed for May Day yesterday: Singapore, Malaysia, Austria, Belgium, France, Norway, Sweden, Switzerland, West Germany, Italy, Luxembourg, the Philippines and South Africa.30 words
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Article, Illustration27 1990-05-02 1 Tuesday Change BT-MGA Closed Kuala Lumpur Closed Hongkong 2,945.18 -4.91 Tokyo 29,689.83 +105.03 Sydney 1.440.6 +6.1 Monday Change New York 2,656.75 +11.71 London 2,103.4 -3.227 words
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Article22 1990-05-02 1 Exchange rates US$ s$ 1.8755 Yen (100) SSl.1777 MS SS0.6902 Money market rates Overnight 6 1/16% -5/16 3-montn 6 3/4 unch22 words
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Article19 1990-05-02 1 London GoM PM fix US$369.50 +1.75 Rubber S'pore May Closed M'sia May Closed KLTin Turnover Closed Spot MSClosed19 words
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429 1990-05-02 1 Anna Teo - By Anna Teo PROSPECTS are bright that Singapore will grow at 4 to 6 per cent a year through the decade, higher than the developed economies, said First Deputy Prime Minister Goh Chok Tong. Only labour problems stand in the way of429 words
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196 1990-05-02 1 THE NATIONAL Trades Union Congress will get a new home, probably in the heart of the emerging new city at Marina South, announced Goh Chok Tong on Monday evening. NTUC has outgrown the Trade Union House, its 25-year-old headquarters along Shenton196 words
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Article, Illustration32 1990-05-02 1 Singapore's leaders joined workers yesterday in celebrating International Labour Day in a stirring ceremony that recalled poignant moments from the country's history. Full report on the Back Page.32 words
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47 1990-05-02 1 Wordskill don't miss the last part FINALLY, the last part of BT's Wordskill Contest. Turn to Page 13 for the contest form and other details. Winners will get a dinner treat each at Latour, courtesy of Shangri-La Hotel. The contest, spread over three days, started on Monday.47 words
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Article80 1990-05-02 1 Free with BT tomorrow TOMORROW, BT will reward its readers with a special bonus: a free copy of Singapore Business a $4.75 value for just 75 cents. Each May 3rd issue of BT deposited on the doorstep, delivered to the office, or sold at the news-stand will include80 words
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402 1990-05-02 1 Genevieve Cua - By Genevieve Cua MORE COMPANIES operating out of Singapore are cashing in on Thailand's growing demand for a better telecommunication infrastructure. The most recent coup was by Finnish telecommunications giant Nokia, whose regional office is in Singapore. Nokia (SEA) has clinched a $15 million402 words
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419 1990-05-02 1 Catherine Ong - From Catherine Ong in HONGKONG THE HEAD of the Hongkong securities watchdog yesterday dismissed criticisms that the industry is becoming overregulated, adding that rules in Hongkong are still simpler than in other financial centres. Speaking on the first anniversary of the creation of the419 words
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147 1990-05-02 1 IT TOOK Japanese conglomerate Sumitomo just three months to make up its mind about Batam. The group prides itself on a prudent approach to investment decisions, which means some project evaluations can take as long as three or four years. With the Batam147 words
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Page 1 Advertisements
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Advertisement265 1990-05-02 1 o) n BRUNO MAGLI I Centrepoint #01-30 V jmL Tel: 737 4509 r Forum Galleria #01-46 Tel: 732 8% 1 END OF APARTHEID? 10 E GERMANY FADING INTO HISTORY 13 Aircraft Schedule 21 Money Changer Rates 21 World Stock Martets —18 Commodities 20 Money Market 19 For market mhces edrtonal.265 words
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Advertisement173 1990-05-02 1 Exclusive Trifari Triple Plating Quality Guaranteed Made in USA T rifari <iounlm: Isrtan katon* Mrlm: Kar Ka»l, Manna, Paragon Daimaru Watson's Forum Gallrna, ODBOnlrr, Tuan Sinn lovtrr. Thomson chief lauds S'pore workforce, Back Pg How to get a good deal more from a property deal. Talk to the JLW Investment173 words
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Advertisement9 1990-05-02 1 Hard to replace HK, Back Page Analysis, Pg 119 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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COMPANY BRIEFS
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Article82 1990-05-02 2 JACK CHIARAPURK, majority shareholder of the Jack Chia-MPH group, has raised his interest in Boustead pic from 28.34 per cent to 28.72 per cent through the purchase of 250,000 shares in the UK-listed company on April 27, 1989. Mr Chia now holds 18.8 million shares82 words
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Article48 1990-05-02 2 KEPPEL Finance, the finance house arm of the Keppel group, is seeking shareholders approval at an extraordinary general meeting —to be held on May 15 for an employee share option scheme. The Stock Exchange of Singapore has already granted in-principle approval for the proposal.48 words
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Article108 1990-05-02 2 MOUNT Pleasure Holdings Bhd reported a marginally lower group pre-tax loss of M 56.57 million for the year ended Jan 31, 1990, compared with a loss of M 56.74 million the previous year. The loss was on a 22 per cent rise in group108 words
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266 1990-05-02 2 STEAMERS MARITIME HOLDINGS is taking up stakes in Folec Communications Pte Ltd and Kapal Management (Pte) Ltd in a move to build itself up into a total transportation group, or the transportation of people, goods and information. In a circular advising shareholders to266 words
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Article, Illustration383 1990-05-02 2 Magdalene Ng - By Magdalene Ng SESDAQ-LISTED Singatronics Ltd, which recently moved into its new head-quarters-cum-plant in the Bedok Industrial Estate, is considering other potential offshore locations for new manufacturing operations. Disclosing this in its latest annual report, chairman and chief executive officer Eddie Foo said the383 words
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275 1990-05-02 2 NST PUBLIC BANK is confident of recovering its capital investment in JCG Finance Co of Hongkong in three years. This confidence stems from its good performance so far. JCG Finance, which has projected a HKSSO million after-tax profit thisNST - 275 words
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309 1990-05-02 2 JACKS INTERNATIONAL LTD has dropped back into the red for the year ended Jan 31, 1990. Jacks, the engineering and manufacturing division of Kuala Lumpur-listed Johan Holdings Bhd, reported a loss after tax but before extraordinary items of $228,000 from a profit of $33,000309 words
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191 1990-05-02 2 Bernama SHARE CERTIFICATES of Amalgamated Properties and Industries Bhd (API) will cease to be valid for delivery purposes after May 25. The Kuala Lumpur Stock Exchange said in a statement, however, that the scrip would be accepted for transfer and exchangeBernama - 191 words
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Page 2 Advertisements
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Advertisement127 1990-05-02 2 BARGO- MULTIDATA Large screen autolock monitor «|L<uk. ,|j^--||| nI Jafl 1 Wideband autolock (15 to 36 kHz horizontal, 45 120 Hz vertical) and extensive connection facilities make it possible to reproduce on the BARCO Multidata* images from almost all the commonly used computers, such as IBM PC, XT, AT, PS/2,127 words
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Advertisement255 1990-05-02 2 •7T*%9 *I*l Fmalfy... a new source of *|t j quality training, .'4 i 1 research and •a. consultancy. nirwtnfM anri <*>ninr Seminars: These seminars are designed PntfinMrintf *r (Vimnntini? for personnel and research a #w 0 u ngineering p ing managers, those in business, academics from 24 British Date Tuesday255 words
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COMPANY NEWS
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394 1990-05-02 3 NYT THE once-stalwart American General Corp has stumbled in the last three years, making the insurer vulnerable to a challenge from a much smaller rival, Torchmark Corp. But, some of the institutional investors who control 69 per cent of American General's sharesNYT - 394 words
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247 1990-05-02 3 AFP JAPAN'S Finance Ministry plans to scrap regulations requiring the government to own a certain portion of Nippon Telegraph and Telephone Corp (N i l shares, a Tokyo financial daily reported yesterday. Ministry sources were quoted by the NihonAFP - 247 words
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Article, Illustration272 1990-05-02 3 AFP SWEDISH carmaker Volvo is seeking a court order to ban a Hongkong nightclub from using the same name, claiming its reputation has been damaged. Sydney Kentridge QC, representing AB Volvo, the Swedish company making Volvo cars and trucks, and Volvo (HK)AFP - 272 words
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765 1990-05-02 3 Ranjit Gill - MARKET TALK By Ranjit Gill RENONG BHD's announcement on its acquisition of more than Msl.2 billion worth of assets in several Malaysian blue-chip companies raises a number of questions. Firstly, why was Renong a hitherto obscure property counter chosen765 words
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322 1990-05-02 3 NYT EDWARD M Esber Jr, who was criticised by analysts for lacking technical vision as the chairman and chief executive of Ashton-Tate Co, stepped down from those posts on Monday. Ashton-Tate, a Torrance, California, software concern, said Mr Esber, who is 37, would continue withNYT - 322 words
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186 1990-05-02 3 AFP THE CAPITAL Market Executive Authority of Indonesia (Bappepam) has ruled that the trading of small share lots be made through appointed odd-lot dealers at market prices. The Bappepam ruling, to take effect today on the Jakarta Stock Exchange (JSE) which it oversees, alsoAFP - 186 words
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COMPANY BRIEFS
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111 1990-05-02 3 THE NEW ZEALAND Cricket Council has dropped Rothmans as its prime sponsor, ending a 29-year-old association with the tobacco company. NZCC chairman Barry Paterson said the decision was made on commercial grounds and not because Rothmans sold tobacco. "At the end of the day,111 words
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101 1990-05-02 3 A BRITISH aerospace company is negotiating a £245 million contract with Iran for the refurbishment of the country's fleet of Boeing 747 airliners. The Daily Telegraph newspaper reported in its Monday edition that the company, Birming-ham-based Lucas Aerospace, was likely to have been given the101 words
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Article101 1990-05-02 3 AFFECTED by an accounting change, Boeing Co has reported a 34.2 per cent drop in first-quarter net income. For the first quarter, Boeing had earnings of US$3O2 million, or US$l.3l a share, down from US$459 million, or US$l.99 a share, in the comparable 1989 period. The101 words
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Article67 1990-05-02 3 TOKYO-BASED Imahan Co Ltd is considering purchasing the 96-room Hotel Tusitala in Western Samoa's capital, Apia, the Samoa Observer newspaper has reported. The luxury hotel went into liquidation last year and its receivers, Coopers and Lybrand, have put it on the market. The Observer said67 words
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Article69 1990-05-02 3 UNOCAL CORP has reported that its first-quarter earnings fell 11.5 per cent to US$77 million, or 33 US cents a share, from US$B7 million, or 37 US cents a share, in the corresponding period a year ago. Last year's results included a US$46 million after-tax gain69 words
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Article63 1990-05-02 3 PLACER PACIFIC Ltd chairman Alf Paton said the company would report a profit of A 527.12 million, or 4.4 cents per share, for the first quarter of 1990. Speaking at the company's annual general meeting in Sydney yesterday, he said revenues would total A$ 120.06 million63 words
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Page 3 Advertisements
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Advertisement304 1990-05-02 3 jfOFFICES AT THE HEART |AL OF CHINATOWN i hinatown Point, the latent landmark in Chinatown, soars co~tqng S£» srZtV J a TOWC 20 storevs high with its distinctive blue and grey facade 9 ■-f Its offices are specially designed with facilities to meet the fi H demands of the most304 words
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FINANCIAL NEWS
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SMALL CHANGE
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Article130 1990-05-02 4 MALAYSIA British Assurance Bhd (MBA) has agreed to buy a 20 per cent stake in Hock Hua Bank (Sabah) Bhd for M$ 15.75 million in cash. In a statement in Kuala Lumpur on Monday, Rakyat Merchant Bankers Bhd said on behalf of MBA that the130 words
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Article117 1990-05-02 4 DENMARK'S two largest banks said on Monday that they were cutting interest rates on loans to businesses and private individuals and on the latters' deposits by 0.5 per cent. The decision by Den Danske Bank and Unibank, to take effect yesterday, followed Friday's announcement by117 words
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Article69 1990-05-02 4 UK CLEARING bank Barclays pic said it is raising its mortgage rate to 15.7 per cent from 14.75 per cent, effective from May 1. Barclays, which has around 260,000 mortgage borrowers, said competitive pressures have forced it to lift rates. The new Barclays rate is at69 words
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Article70 1990-05-02 4 NEW ZEALAND has outlawed one and two cent coins effective from yesterday. The Reserve Bank earlier this year began withdrawing the coins from circulation, and from midnight on Monday they will no longer have any value and will not be recognised as currency. Around70 words
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675 1990-05-02 4 Florence Chong - From Florence Chong in SYDNEY UOB AUSTRALIA Ltd, the merchant banking arm of Singapore's United Overseas Bank, reported an increase of almost 128 per cent in profits last year, Mr Lim Lian Tee, managing director of UOB Australia, says the bank's675 words
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Article227 1990-05-02 4 JAPANESE banks are expected to apply to set up offices in Taiwan later this year despite a long-standing unofficial ban by Tokyo. "Japanese bank officials have approached us for discussions on setting up their own representative offices or branches," a senior Central Bank official said. Banks227 words
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392 1990-05-02 4 AFP ASIAN Development Bank (ADB) officials and members are deliberating on replenishing and expanding the bank's US$3.6 billion soft-loan fund, bank officials said in New Delhi on Monday. The closed-door talks, scheduled to be held yesterday, grouping finance ministers andAFP - 392 words
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Article, Illustration195 1990-05-02 4 Bernama PUBLIC Bank Bhd president and chief executive Tan Sri Teh Hong Piow said on Monday the bank is prepared to consider any proposal by big multinational corporations, particularly "if it is one of those top 200 companies in the world", toBernama - 195 words
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Page 4 Advertisements
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Advertisement194 1990-05-02 4 Cover the Thailand with jßßPjjj a US$l99 PASSENCER —.1 JIV SERVICE AWARD fl I I LM V ~BW by Airport Transport World MiUfaztnt 1990 is Thai's thirtieth year of operation. And to period between January Ist, 1990 and December 31st, 1990 celebrate our birthday we've got a present for you.194 words
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Page 4 Miscellaneous
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Page 5 Advertisements
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Advertisement312 1990-05-02 5 IF YOU WANT TO BUILD AN ISLAND, ASK A DUTCHMAN. We Dutch are famous for growing things. "Fine", we said,"where is it going to be built?" Rich, for instance. And tulips. They pointed out to sea. We all turned, and peered into the gloom, nodding wisely, as bankers And money:312 words
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THE REGION
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NOTE BOOK
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93 1990-05-02 6 SEVEN private companies have plans to set up six new pulp plants soon in the Indonesian province of East Kalimantan. Jakarta press reports on Monday quoted an official of the industry ministry as having said that the largest of the six plants would93 words
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Article77 1990-05-02 6 MALAYSIAN Chinese Association will cooperate more closely with Gerakan in efforts to draw the Chinese votes in the general election and thwart plans by the Democratic Action Party to form the next state government in Penang. Deputy MCA president Datuk Lee Kim Sai said on Monday that efforts77 words
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Article65 1990-05-02 6 PHILIPPINE President Corazon Aquino on Monday led officials in handing out land patents to 180,000 farmers across the country in a bid to breathe life into her faltering land-re-form programme. "Now that you hold proof of ownership of the land you work on, your countrymen65 words
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Article64 1990-05-02 6 VIETNAM, whose fuel imports come entirely from the Soviet Union, said on Monday for the first time that it "supports completely" Moscow's blockade of the breakaway Baltic republic of Lithuania. "The measures taken by the Soviet leadership conform to the Soviet Constitution and are aimed at64 words
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420 1990-05-02 6 THE Indonesian government will slash cement exports this year to ensure an adequate supply to meet the steadily increasing domestic consumption. The Jakarta Post on Monday quoted director-general of Basic Chemicals Industry Wardijasa as saying last week that cement exports, which reached420 words
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Article, Illustration459 1990-05-02 6 AFP PRESIDENT Corazon Aquino on Monday pledged to Find solutions to a critical power shortage in the Philippines as stock prices tumbled with reports of a possible pullout by several foreign investors. The Manila Stock Exchange index lost 4.17 per centAFP - 459 words
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333 1990-05-02 6 CITY HALL is studying the redevelopment of one of the city's dilapidated areas into a new business or commercial centre as an alternative to the existing Golden Triangle in Kuala Lumpur. Mayor Datuk Elyas Omar told Malaysian Business Times on Monday that333 words
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Article, Illustration322 1990-05-02 6 Reuter BURMA'S military- rulers, afraid the opposition might win multi-party elections next month, have launched virulent attacks in the staterun press to discredit its leadership, Western diplomats in Rangoon said on Monday. The diplomats said the army two weeks ago released at leastReuter - 322 words
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Page 6 Advertisements
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Advertisement354 1990-05-02 6 AUSTRIA i STYLE '91 SINGAPORE May 16th 18th, 1990 2.00 p.m. 6.30 p.m. Century Park Sheraton 1- 1 Fabrics Garments Accessories For the eleventh consecutive year, leading designers and manufacturers from Austna will present the latest fashion materials and accessories to buyers and agents in South East Asia. Please indicate354 words
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Advertisement810 1990-05-02 6 I d r I Keppel Corporation Limited I (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY I I GENERAL MEETING I I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company H will be held at the Company's registered office, Keppel Corporation Limited, H Administrative810 words
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THE WORLD 1
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Article482 1990-05-02 7 AFP EAST GERMANY'S Economy Ministry is battling with the mammoth task of introducing the basic framework of a market economy in time for monetary union with West Germany in only two months' time. "We are in a period where virtually everything needs to beAFP - 482 words
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233 1990-05-02 7 AFP THE BRITISH government, facing intense criticism from its opponents ahead of nationwide local elections tomorrow, is examining ways to change its unpopular poll tax. A spokeswoman for Prime Minister Margaret Thatcher said on Monday that a high-level group of ministers meetingAFP - 233 words
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149 1990-05-02 7 Reuter SOUTH AFRICAN Foreign Minister Pik Botha has said that blacks cannot push the white minority too far without risking a backlash that could destroy the nation for all of its people. Speaking in Cape Town on Monday on the eve of unprecedented talksReuter - 149 words
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Article, Illustration45 1990-05-02 7 A municipal worker adding the finishing touches to a giant statue of Pope John Paul II in front of the 'Basilica de Guadalupe' in the Mexican capital last Monday in preparation for the Pope's visit from May 6-1345 words
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139 1990-05-02 7 Reuter THE LATVIAN Popular Front says it has enough support to push its independence programme and aid for rebel Lithuania through the republic's new Parliament, in spite of a weak showing in a second round of voting. The Latvian movement took four of 17 remainingReuter - 139 words
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371 1990-05-02 7 Reuter THE LEADERS of both Germanys have expressed confidence that Moscow will compromise in talks on the future military status of a united German state rather than insist on neutrality. East German Prime Minister Lothar De Maiziere told a radio interviewer on Monday thatReuter - 371 words
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135 1990-05-02 7 Reuter WEST GERMANY'S largest union flexed its muscles on Monday, the eve of the May Day workers' holiday, with warning strikes at MercedesBenz and other plants. The one-day wildcat stoppages were the first salvos in a war of nerves between employers and theReuter - 135 words
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WORLD WATCH
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98 1990-05-02 8 THE US and Norway have resolved a dispute over a Norwegian decision to cancel a contract for US electronic equipment in favour of a Norwegian bidder. Dallas-based Amtech Corp had complained that a contract for electronic identification equipment for the Oslo Toll Ring Project98 words
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Article57 1990-05-02 8 REPRESENTATIVES of 500,000 Norwegian public sector workers postponed a threatened strike call set for midnight on Monday and agreed to continue pay talks with the centreright government into May Day. The threatened stoppage would have halted services in major cities ranging from public transport and official administration57 words
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Article97 1990-05-02 8 MOTORISTS out for a spin in Taiwan won't lack for company the island of 20 million people now has more than 10.5 million cars, trucks and motorcycles jamming its roads. The Communications Ministry said in Taipei yesterday that by the end of March, the Taiwanese owned97 words
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Article70 1990-05-02 8 AN AUSTRALIAN RELIEF AGENCY has threatened to stop working in Pakistan after thousands of Afghan refugees protesting against Muslim women's exposure to strangers looted and burned its facilities. Police in Islamabad said on Monday that they had arrested 24 people for leading last Thursday's attack70 words
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Article58 1990-05-02 8 BUSINESSMEN in Bulgaria, taking advantage of the country's more liberal economic policies, have decided to set up its first private bank. Douma, the newspaper of the ruling Socialist Party, said on Monday that the bank would have capital of 10 million leva and would offer58 words
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Article118 1990-05-02 8 EAST GERMANY could end up with between 100,000 and 300,000 jobless following the introduction of economic and monetary union with West Germany, said a senior West German official on Monday. But Heinrich Franke, the president of the West German Labour Office, said in a radio interview118 words
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Article68 1990-05-02 8 WATCHING TELEVISION makes you sadder, lonelier, sleepier, less able to concentrate and more hostile, according to the results of a 13-year study published in Los Angeles on Monday. A book by psychologists Robert Kubey and Mihaly Csikszentmihalyi said their study's results "are particularly important because68 words
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Article74 1990-05-02 8 THE CANADIAN ECONOMY shrank in February for the second month in a row, adding to a growing list of gloomy indicators similar to those that heralded its 1982 recession. But the country's economists remained cautious about sounding the recession alarm after Statistics Canada, a federal agency, reported74 words
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Article, Illustration466 1990-05-02 8 AFP US TRADE Representative Carla Hills proffered an olive branch to Tokyo for the second time in four days on Monday, saying she is not designating Japan as a country denying fair and equal market opportunity to US construction services.AFP - 466 words
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417 1990-05-02 8 AP IN SPITE OF the rush to finance Eastern Europe's transformation to a market economy, Asia is expected to maintain its position as the world's fastest growing region, say two Asian Development Bank economists. News reports predicting a drop in Asian economicAP - 417 words
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Article, Illustration324 1990-05-02 8 AP A MARKED CHANGE in the way manufacturers and others stock their inventories helped head off a recession in the US at the start of the year, US Federal Reserve chairman Alan Greenspan told a group of purchasing managers on Monday. "TheAP - 324 words
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206 1990-05-02 8 Reuter THE US Defence Department is planning to proceed with the removal of some US troops from South Korea in spite of an intelligence estimate that has cut the warning time for any North Korean invasion to less than 24 hours, sayReuter - 206 words
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221 1990-05-02 8 Reuter INDIA, isolated on the US trade hit list for erecting barricades against foreign competition, still insists it will not negotiate under threat of retaliation. In New Delhi, officials on Monday declined comment on India being named by the US as anReuter - 221 words
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Advertisement57 1990-05-02 7 isjfc H 5 -^^P^E^BlMaSftaH^iMHl^^^^K s\v v 'v I m rv VQwhuSVII I n 111 II Nil II I ft /mm, •l ft ft jk jfl K i ftaiiV &BMX&Bb£ Ifi tHWR I fillip ;«L M*. Tg ■"•St 1 i M j| ".V i > i m I iiJiHi frm IKIS57 words
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Page 8 Advertisements
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Advertisement202 1990-05-02 8 EL] Durham University Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. Durham University now offers senior executives and professionals the opportunity to obtain an MB A qualification in Singapore. This distance learning programme is structured to202 words
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Advertisement314 1990-05-02 8 IN THE MATTER OF THE COMPANIES ACT, CAP 50 STONEAGE (AIRFREIGHT) PTE. LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of STONEAGE (AIRFREIGHT) PTE LTD duly convened and held at 8001 Beach Road •14-01. Golden Mile Tower Singapore 0719 on the 25th day of Apnl 1990314 words
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Advertisement521 1990-05-02 8 NOTCK^__^ ARE YOU RELOCATING YOUR FACTORY/WAREHOUSE TO MALAYSIA? We can provide the following services Suitable land for your use. A Factory/Warehouse tailored to your needs. All local Authority approvals necessary to your Factory/Warehouse. j% ™Contact: Leonard Foo 01 minir Guthrie Properties GTS Te,: *****55 Since 1821 I NOTICE NOTICE IS521 words
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Advertisement66 1990-05-02 9 I 9 I are a VA,a^ s exceptionally I I y on I I ©|46| I I p©w\ J W r I I M®AK6§ &A I I ©p I I naturally,it's I I KAROIt'S SHBW I HI FOR RESERVATIONS PLEASE CALL ROYAL CROWNE PLAZA SINGAPORE 25 SCCTTTS ROAD. SINGAPORE 0922.66 words
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Article533 1990-05-02 10 EDITORIAL XHE interest rate for individuals' savings with the Central Provident Fund Board is rising again. It will be er cent during the second half of this year, up from 3.77 per cent. This will be the fourth consecutive rise since the rate reached a low533 words
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WHAT THE OTHERS SAY
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Article229 1990-05-02 10 THERE IS MUCH to rejoice on Labour Day. Times have never been better. But amid the May Day festivities, it is timely to take a step back and reflect on the state of labour in Singapore. Having come so far, the tendency is to relax. After229 words
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Article138 1990-05-02 10 THE SINGAPORE labour movement has gone through many trials and tribulations. While the lot of Singapore workers has improved enormously. they should constantly remind themselves of the challenge ahead to keep abreast of the international competition. The current and projected tight labour market is a drawback and138 words
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Article109 1990-05-02 10 SEVERE PUNISHMENT need to be meted out to dangerous and rash drivers if we are to raise the level of road "culture". Some can be classified as road hooligans because they take the law into their own hands when an accident occurs. Other than hauling them to109 words
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REGIONAL VIEWPOINTS
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Article126 1990-05-02 10 THERE ARE curious incongruences in the arguments used to support the continued construction of dams to generate electricity for our power-hungry industrial development. Close examination of the logic used proves a taxing mental exercise. Energy officials try to play down the impact of forest destruction and natural siltation126 words
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Article196 1990-05-02 10 TODAY Israel observes its Independence Day, though the particular substance of its independence and freedom is not clear. It is not free from its many threats and enemies. It is not free from the obdurate resistance of the Palestinians who have not cowed by 28 months of196 words
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Article163 1990-05-02 10 ALTHOUGH the presence of Indonesia's banking and trade representatives are quite visible in Hongkong, there is little public talk in this country on what the new status of that remarkable hubbub of high-pressure economic activity will be after 1997. Although based on the 1984 joint declaration, following163 words
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Article, Illustration877 1990-05-02 10 Rodney Pinder - Black-white talks begin today in S Africa. Whatever the outcome, Pretoria will not be the same again, says Rodney Pinder Rodney Pinder Reuter THE South African government says it is the beginning of the end of white rule, but after decades of living under apartheid, blacks areReuter - 877 words
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Page 10 Advertisements
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Advertisement129 1990-05-02 10 'J ROSE GARDEN SICHUAN RESTAURANT Level 5, Golden Landmark Hotel 390 Victoria Street, Singapore The Art of Sichuan Cuisine The Rose Garden Sichuan Restaurant at the Golden Landmark Hotel. A new name in a new location. An age-old tradition in first-class Sichuan Cuisine at its spicy best t Conveniently poised129 words
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Page 10 Miscellaneous
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Miscellaneous77 1990-05-02 10 DOONESBURY ANTI-U.S. I CAN BUT LOOK AT n FKM THE PANAMAS IN THE ABSENCE CHEAP THIRD 7&Y RIOTS'AFTER IMAGINE HOW lAN PE&PECVVb. JUSTJD ARREST OF NOAIPWHAISC&ER, /TWwri r—M/V/ CALL IT All I'VE PON£ THAT MIGHT A PRUGPEAIER, U.S.FOROS THOUSANDS ARE STHt HOMEU& 'SCREMW3 FOR. THIS HAT- BGDEMORAL MANA66P TD!NFUCT»2 BUJON77 words
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ANALYSIS
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Article, Illustration1185 1990-05-02 11 Loh Hui Yin - Nothing is too big or small for Japanese conglomerate Sumitomo. Hence its pioneering foray into Batam. Loh Hui Yin talks to its top executives in Osaka Loh Hui Yin THERE will be more than the usual amount of nail-biting over the next eight months forPicture by Yap Yew Piang - 1,185 words
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Article983 1990-05-02 11 Going global the Sumitomo way Plans for a world divided into three main parts Globalisation, a buzzword these days heard in multinational boardrooms from Osaka to Oslo. At Sumitomo Electric Industries, its world strategy is predicated on what it calls a "tripole localisation". Going by that, the world is divided983 words
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Article, Illustration531 1990-05-02 11 IT HAD ITS humble origins in the copper-mining industry in the 17th Century, but the House of Sumitomo has since moved on to become one of the major business groups in Japan. Its business activities covers a broad spectrum banking, trading, insurance, computers, and531 words
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Page 11 Advertisements
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Advertisement30 1990-05-02 11 Vietnamese Cuisine ENJOY A VARIETY OF 40 DIFFERENT DISHES AT s4 eoch gs- Oj y TROPICAL INN SEAFOOD 82-01 Basement, Tanjlin Shopping Centre. Tannin Rd. S*pore 1024. g *****20 *****6330 words
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SPORTS
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SIDE LINES
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116 1990-05-02 12 FIJI Rugby Union selectors have retained the side that beat the strong New Zealand provincial team Canterbury last month for Saturday's clash against the mighty Auckland pack. Fiji Rugby Union administrator Tevita Ratuva said yesterday that the Ilaitia Savai-skippered side is the best Fiji116 words
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Article102 1990-05-02 12 A REPUTED mob figure was acquitted on Monday of conspiring to dope horses in Florida and New Jersey. US District Judge Edward Davis issued a verdict acquitting Anthony Accetturo, 52, of all charges, saying the government's case against him was too weak. "We're disappointed," said Diane Cossin,102 words
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Article73 1990-05-02 12 JEREMY ROENICK scored two first-period goals and Steve Larmer and Adam Creighton added short-handed goals on Monday night, leading the Chicago Blackhawks to an 8-2 victory over the St Louis Blues in the decisive seventh game of the Norris Division final in the National Hockey League. The73 words
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Article163 1990-05-02 12 ODDIBE McDOWELL and Jeff Treadway each hit two-run homers and Atlanta added two other runs to beat New York 7-4 in the baseball league on Monday night. It was the second victory in a row for the Braves, who beat the Mets for the first time163 words
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Article106 1990-05-02 12 BENNY VAN BRABANT of Belgium outpedalled the main pack in a mass sprint to the finish line to win the seventh leg of the 45th Tour of Spain cycling race in Seville on Monday. He edged out Malcolm Elliot of Britain in a photo finish.106 words
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Article117 1990-05-02 12 JAHANGIR KHAN suffered a shock defeat, lost his world number one spot and launched another attack on the refereeing standards at the European Open squash championships in Karlsruhe, West Germany, on Monday. Beaten in the semi-fi-nals by Chris Dittmar of Australia and ousted from his world117 words
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Article71 1990-05-02 12 TWO Venezuelan mountain climbers who say they made a world record rappel down the world's highest waterfall are seeking official recognition. Wilmer Perez, 41, and Luis Aulestia, 33, said in Caracas on Monday that they have submitted newspaper clippings and other documentation of their descent of Angel71 words
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Article200 1990-05-02 12 AP SIXTH SEED Pete Sampras of the United States and eighth seed Horst Skoff of Austria were upset in the first round of the US$l million BMW German Open in Munich on Monday. Second seed Aaron Krickstein and Jim Courier, seeded fourth, were two AmericansAP - 200 words
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276 1990-05-02 12 AFP MIKE TYSON says he has put his shocking loss to James "Buster" Douglas behind him as he prepares for a non-title fight in June against Henry Tillman. "You're successful for a time," he said in New York on Monday. "Eventually,AFP - 276 words
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Article, Illustration715 1990-05-02 12 A Surendren - _Sl A Surendren THINGS went pretty much to form on the second day of the Epson Singapore Super* Tennis Tournament at Kallang yesterday. The only blotch on a clear day was the elimination of third seed Alex Antonitsch. He had to retire after an715 words
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Article, Illustration906 1990-05-02 12 AP IF ANY COUNTRY can win soccer's World Cup based on tactics from the history books, it is England. While other nations have gained success by developing and adapting their soccer systems over the years, England relies on that same old hurried, predictable andAP - 906 words
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Page 12 Advertisements
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Advertisement16 1990-05-02 12 SEE YOU IN COURT. (BECAUSE THE VERDICT IS NEVER PREDICTABLE). EPSON SINGAPORE SUPER TENNIS '90. I16 words
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FOCUS
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Article, Illustration1146 1990-05-02 13 The Czechs are trying to woo home the 75-year-ola son of Tomas Bata, the man behind the world famous Bata brand of shoes, to help it restart its capitalist engine NYT The political transformation of Eastern Europe has brought manyNYT - 1,146 words
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Article, Illustration938 1990-05-02 13 Even as talks for a unified German state are being held, East Germany is being overwhelmed by capital from the West NYT Representatives of the four victorious powers of World War II convened in a castle in East Berlin lastNYT - 938 words
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Page 13 Advertisements
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Advertisement136 1990-05-02 13 We have ways of making you talk! Tongue tied? Afraid to speak in ease you mispronounce a word' At the British Registration deadline: Mon 21/V9O Council we have ways to help you speak Other communication skills courses: with fluency and confidence! Our Editorial Skills 15/6-19/6(1450) "Confidence in Speaking" course will136 words
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Advertisement304 1990-05-02 13 Business Times WORDSKILL Test your skill and win yourself one of ten $200 Dinners at RESTAURANT Latour A contest form will appear for 3 days in succession, from Monday, April 30, 1990 to Wednesday. May 2, 1990. All you have to do is fill in the missing words from Day304 words
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Page 14 Advertisements
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Advertisement181 1990-05-02 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by word-of-mouth. I jflr For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585181 words
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Advertisement309 1990-05-02 14 ooimcGs 'TmSfSSSTf^SST' THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! For starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings Select309 words
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Advertisement218 1990-05-02 14 Time for Karaoke in The Streets. Friday, Saturday :6pm- 3 am &PHEve (SifrH) r Vv] Happy Hours pm 8 pm fr#e*S Plaza Hg^Ej, U«tCOiQuHfUL< IN Mf NQ: rr» Hf,*h Km..: .NnfiHiirrll7KlW £MMN| s*>?w Feast on our Chef's Specialty >«• Fish Head Curry at only $17.50 /Zfr y (for 2 persons),218 words
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Advertisement259 1990-05-02 14 At noon, Italian gourmet cuisine takes centrestage. Salmone 'Bella Vista' and 60 other authentic favourites. All skilfully prepared and (r dressed to perfection. f For lunch today, break for an Italian interlude. Italian Buffet Lunch May 1 31, Noon 2.30pm r t Adult: $36++, Child below 10: $18+ r We259 words
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Page 14 Miscellaneous
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Miscellaneous740 1990-05-02 14 TELEVISION AND radio w w w-w I released. Seindah Kasih Mama. BUSINESS**! RAW^D J 9.00 News at Nine. 3.50 Sayings of Prophet .jfo WsW /inn VV l PM Vkfcotashior Monthly. 830 Alien Nation When S.kes 4.00 TaHan Kasih. CU ClllVi TT IVVJ 8.05 Insight (See Our Cho.ce). and George investigate740 words
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LIFESTYLE
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Article304 1990-05-02 15 NYT PET owners have always wondered: how long do dogs and cats live? The question of potential animal longevity is complicated even among pets by the fact that "many dogs and cats do not live an entire life span, because of trauma andNYT - 304 words
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Article, Illustration801 1990-05-02 15 The First Lady reveals the president's cultural tastes NYT BARBARA BUSH has blown her husband's cultural cover. Remember during the campaign, when everyone suspected that George Bush was just pretending to like motorboats and pork rinds and country music so he would not beNYT - 801 words
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261 1990-05-02 15 CHATTIRBOX PRINCE CHARLES, saying that he's worried that something is missing from the lives of young Britons, is launching a Volunteers programme to channel their energy into community projects. "We need to recognise the youthful urge for adventure and aggression and find better ways261 words
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Page 15 Advertisements
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Advertisement223 1990-05-02 15 AND ENTERTAIN Mum's The Word MOTHERS DAY NPH LM V MA> 1 Sjf I RESERVATIONS 7)2 1222 EXT IS4J PRICES ARE SUBJECT TO 10% SERVICE CHARGE AND 4% cess. Get the family together and treat Mum to any of our specials on Mothers Day this May 13th-brunch, lunch or candlelight223 words
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Advertisement112 1990-05-02 15 LUNCHING AT CARLTON BRASSERIE AUWWSh MAKES GOOD BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beet Tenderloin and112 words
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Advertisement180 1990-05-02 15 I Seafood Feast <$ It's the biggest catch at lunchtime M >•' Jfcji .And it happens everyday at I I jBB Jack's Seafood Garden Jl M Choose from over 35 Jt (jP dishes Prepared with the I freshest of ingredients. In S £5 many different st>'les. Shredded Sea Blubber Skin180 words
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Advertisement306 1990-05-02 15 m w r; i|. V '*> i-\-^ Complete 7-8 course set Lunch/Dtoner iVrj' from IftdO J Set Sashimi Lunch flora I 1&00 %rW *Ht'< i«., i* T. tit t > -<.;• fT- »«#>.fitVA iiilSls 4 5* (>. f"tV-S» v f* '<* NfSNIKIftfSTAURANT >< > Marina Bay Golf Country Cu'b 6306 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2218 1990-05-02 16 Reuter TOKYO STOCKS closed moderately higher yesterday, led by high-priced elect ricals and a few incentive-backed issues, after easing in the morning. Trade was very thin ahead of market holidays in Tokyo tomorrow and Friday, and after a holiday on Monday. "It's toughReuter - 2,218 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2681 1990-05-02 16 Reuter HONGKONG'S blue-chip indicator recouped earlier losses in a late burst of short-covering and ended slightly lower, but investors were still mainly sidelined on a lack of clear market trends, brokers said. "There was buying across the board in the short-covering," aReuter - 2,681 words
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REGIONAL STOCK MARKETS
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Aussie market's leading stocks rebound
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341 1990-05-02 17 la local cwitscy In S$ la USS day year day year day yew Apr 30 Index change change change change change change World ...*402.1 0.0 -13.5 -0.2 -17.4 -0.1 -16.3 *EAFE 565.8 -0.3 -16.9 -0.1 -21.8 -0.1 -20.8 Europe 420.9 -0.5 -6.6 -0.3 -5.9 -0.3341 words
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Article1228 1990-05-02 17 AUSTRALIA'S sharemarket closed firmer yesterday as leading stocks rebounded on the back of renewed confidence in BHP and Elders IXL, brokers said. The All Ordinaries Index finished 6.1 points up 1,440.6, with BHP staging a strong recovery to end 20 cents higher at A 58.94 and Elders gaining seven1,228 words
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Article421 1990-05-02 17 TAIWAN STOCKS finished sharply lower yesterday on investors' concern about the uncertain political situation, dealers said. The weighted index fell 557.44 points to finish at 8,734.93, the lowest since Dec 22. The index fell through technical support on Monday causing chart watchers to become pessimistic, dealers said. They said421 words
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Article434 1990-05-02 17 NEW ZEALAND SHARES partially rebounded on low turnover yesterday in line with a slight improvement on Wall Street. "It was a technical bounce after quite a few down days and long overdue," one Forsyth Barr broker said. "We still have worries about interest rates so we're not reading434 words
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Article870 1990-05-02 17 THE SEOUL stock market yesterday regained almost all of the ground it lost on Monday in yet another wild swing of the index as investors bought on news that the government would intervene after all, brokers said. The composite index rose 29.79 to 718.45 after losing 31.71 on Monday,870 words
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Article1291 1990-05-02 17 Bangkok Apr 30 Baht +/-VoHDO), Alucon Manufact 530 2 19 American Standa Asia Credit .87 -I 1776 Asia Hotel 203 2 88 Asia Sec. Tradi 34 2030 Ayudhya Insuran 517 40 Ayudhya Investm 70 1950 Ayudhya Life As 421 Bangkok Bank 283 Bangkok Bank Of '0 I&70 Bangkok Insuran *****1,291 words
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Article87 1990-05-02 17 INDICES TURNOVER (Tout Previous May 1 Apr 30 SYDNEY All Ordinaries Index 1440.6 1,434:5 +6.1 All Industrials Index 2235.6 2,226.0 +9.6 All Resources Index 833.0 829.6 3.4 Turnover (million) 78.96 70.37 8.59 BANGKOK SET Index 855.97 -3.39 Turnover (nearest '000) 15.482 -2,472 JAKARTA Composite Index Closed Turnover (nearest '000) Closed87 words
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WORLD STOCK MARKETS
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US blue chips stage moderate recovery
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Article, Illustration1041 1990-05-02 18 A LATE SPURT of buying, some of it futures-linked, helped US blue chips stage a moderate rebound on Monday. Technology issues, including International Business Machines Corp, led the way higher. Overall volume, however, was thin because of a holiday in Japan. The Dow industrials ended up about 11.71,1,041 words
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Article219 1990-05-02 18 BELGIAN SHARES ended mixed to easier in exceptionally quiet pre-holiday trade on Monday. Dealers said the absence of many operators taking a long weekend ahead of yesterday's May Day holiday further reduced turnover volume from last week's minimal levels. Only retailer GB-Inno saw moderately brisk trade again, with 41,000219 words
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Article, Illustration982 1990-05-02 18 FTSE-100 SHARES extended early gains near the midsession yesterday after a technical squeeze had buoyed the market initially. At noon, the FTSE-100 was 21.5 points, or one per cent, ahead of Monday's close at 2,124.9. "There's been a bit of a bounce filtering through from a firmer gilts market,"982 words
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Article282 1990-05-02 18 FRENCH SHARES closed lower in a quiet market on Monday, with traders breaking off early to enjoy the fine spring weather ahead of yesterday's May Day holiday, dealers said. The CAC-index had fallen to 2,038.38 by 1100 GMT but recovered slightly to close at 2,046.46, 19.81 points down on282 words
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Article291 1990-05-02 18 SWISS SHARES closed lower across the board on Monday. Dealers said prices stabilised above the day's lows at the end after edging down for most of the session. Volume was very low with virtually no buying interest. "It is quiet as a church," one trader said. The SPI index291 words
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Article175 1990-05-02 18 MILAN share prices eased slightly in lacklustre trading and thin volume on Monday, with many operators absent due to yesterday's market holiday, brokers said. The MIB index slipped three points, or 0.10 per cent, to close at 1,005. Operators were reluctant to take large positions ahead of next weekend's175 words
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Article269 1990-05-02 18 FRANKFURT share prices finished lower after very quiet pre-holiday trading on Monday, with metalworkers' wildcat strikes putting additional pressure on the market, which is already burdened by interest rate worries. The 30-share DAX index shed 12.27 points to close at 1,813.25. It had dropped 1.55 points on Friday, extending269 words
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Article371 1990-05-02 18 THE JOHANNESBURG stock market closed little changed on Monday in listless trading ahead of yesterday's May Day holiday, after which three days of historic and crucial talks between the South African government and the African National Congress will take place about future negotiations, dealers said. The overall share index371 words
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Article230 1990-05-02 18 Reuter DUTCH SHARES traded at easier opening levels in quiet midday business yesterday as a firmer London stock market failed to give inspiration and most other European bourses were closed yesterday. Dealers said they were unable to give a clear explanation for yesterday's easier prices. "All I know isReuter - 230 words
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Article37 1990-05-02 18 Toronto Apr 30 CS Abitibi 15 Vi Alcan Alum 23Vi V* Bank Nova Scotia 12Vi Bank of Montreal 25H V» BCElnc 38'/« V. BP Canada Inc 18 unch Brascan Q A 20H unch Canadian Imp Bank 24ft37 words
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Article85 1990-05-02 18 INDICES TURNOVER NEW YORK Ooac hwllMM Apr 30 Dow Jones NYSE Financial SAP 300 Turnover (million) 2,656.75 2,645.04 134 91 134.60 330 80 329.10 123.0 132.0 11.71 +0.31 1.69 -90 LONDON Financial Times 30 FTSE 100 Turnover (million) 1653.6 2103.4 326.3 1,658.7 2,106.6 536.7 -5.1 -3.2 •210.4 AMSTERDAM CBS General85 words
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CURRENCY, MONEY & FUTURES MARKETS
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601 1990-05-02 19 REPORTS THE US dollar closed mixed yesterday in a thinly traded Tokyo market, slightly lower against the yen and higher against the mark. Last-min-ute mark selling for yen for profit-taking pushed the dollar up against the mark in an otherwise featureless601 words
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390 1990-05-02 19 Indicative Coupon Amount Interest Number ot days of middle price Gross redemDtlon Maturity Yur raised rat* pa) <$m) paymant dates accrued Interest (excluding accrued Interest) wESSM Efil 1.5.90 N2881 OOF 1988 3 3/4# 420.00 1/5 1/11 180 100.00# 15.6.90 Loan390 words
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Article386 1990-05-02 19 Cross rates Apr 30 USS SS M$ Dm Yen SFr AS NZS USS 1.8765 2.7175 1.6780 159.10 0.6144 1.4555 1.3324 1.7406 SS 0.5329 1.4482 ***** ***** 0.3274 0.7756 0.7101 0.9276 MS 0.3680 69.05 0.6175 ***** 0.2261 0.5356 ***** 0.6405 Dm 0.5959 1.1183 1.6195 94.82 0.3662 0.8674 *****386 words
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Article564 1990-05-02 19 Interbank rates SS Bid Offer Overnight 6 1/16 6 3/16 1-month 6 1/2 6 5/8 2-month 6 5/8 6 3/4 3-month 6 3/4 6 7/8 QnHM|ht mode: 6-3/16 USS Bid Offer 7 days 8 3/8 8 1/2 1 month 8 3/8 8 1/2 2 months 8 1/2 8564 words
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180 1990-05-02 19 Reuter THE Bonn government expects talks on German monetary union with East Berlin to produce the main outlines of an agreement by Friday. But it was not yet clear whether all details would be settled by then or whether further talks would be neededReuter - 180 words
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205 1990-05-02 19 Reuter ARAB countries must develop their financial markets in the 1990s to attract foreign capital in a world that is swiftly moving towards economic blocs, the head of the Arab Monetary Fund said. The AMF, the Arab equivalent of the International Monetary Fund, doesReuter - 205 words
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Article1411 1990-05-02 19 a c EX n—kim Open High Low Sett Est Vol Opflnt Vol Jun 90 91.19 91.20 91.17 91.19 1989 ***** ***** Sep 90 90.91 90.94 90.91 90.92 1369 8510 ***** Dec 90 90.70 90.73 90.70 90.71 83 2912 1943 Mar 91 90.61 90.63 90.61 90.61 351,411 words
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COMMODITIES
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267 1990-05-02 20 AFP CHINA has agreed to sell between 700,000 and one million tonnes of cement to the Philippines to help ease a shortage, the two governments said. Philippine Trade Secretary Jose Concepcion and Chinese Ambassador to Manila Wang Yingfan signedAFP - 267 words
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484 1990-05-02 20 AP OPEC ministers gather in emergency session today to try to prop up oil prices, which have fallen sharply in recent weeks because Gulf members of the cartel are overstepping their quotas. Analysts believe the ministers are aiming at their meeting in Geneva forAP - 484 words
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265 1990-05-02 20 AFP THE tea industry, India's top foreign exchange earner, is facing its worst crisis which may ultimately dislodge the nation from its top slot among the world's exporters. Production this year fell 40,000 tons short of the 725,000 ton target, triggering panic in theAFP - 265 words
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247 1990-05-02 20 AP THE Indonesian state-owned PT Tambang Timah tin company is seeking a World Bank loan for a restructuring plan to improve efficiency to cope with declining tin prices, a spokesman said on Monday. Spokesman Muhammad Husni said the company wants to modernise itsAP - 247 words
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261 1990-05-02 20 REPORTS HONGKONG: Gold closed slightly higher from its New York close in lacklustre trade but dealers said the metal was likely to ease in overseas markets. Bullion closed at U*****.20/70 an ounce against New York's U*****.60/U*****.10 finish and a U*****.7(VU*****.20 open. Local gold closed261 words
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Article1352 1990-05-02 20 Rubber Apr 30 SccntVki Noon Close Inl I RSSPrompt 155.50/156 SON I55.2VI56.25N Inl I RSSMay 90 15».5<V 159.50 I58.2VI59.2S Inl I RSS June 160.30H61.00 160.25/160.75 Int 2 RSS OP 152.50/154.50N I52.50/I54.50N Int 3 RSS OP I47.00/I49.00N 147.00/149 OON Int 4 RSS OP 143.00/145.00N 143.00/145 OON Int 5 RSS OP1,352 words
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Page 20 Advertisements
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Advertisement725 1990-05-02 20 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 2«O(2Hb) AND IN THE MATTER OF DESIGN ASIA RICHWOOD CORPORATION (PTE) LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower. Singapore 0719725 words
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Advertisement851 1990-05-02 20 IN THE MATTER or THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF LA- SYSTEMS PTE LTD PTE LTD (Members' Voluntary Winding op) At an Extraordinary General Meeting of die Members of the abovenamed Company duly convened and beld at 31 Anoon Road, •02-57 #02-39 Anon Centre, Singaporeo2o7, on851 words
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Advertisement15 1990-05-02 20 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.15 words
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Article1004 1990-05-02 21 City FUjht eta FVCM no CHy FN«M ETA Flight ETO AhaOfcaM GA895 1235 GA886 0010 SQ109 MH642 1405 1500 MH631 SQ112 1610 1630 AMrida QF7 2025 SQ227 2250 SQ111 MH613 SQ113 MH644 1705 1820 1850 1900 MH610 MH643 SQ1I4 MH616 1645 1715 1745 1900 Aartrta. GA8951,004 words
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THE TRAVEL PAGE
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Article, Illustration667 1990-05-02 21 G S Bourdain - POSTCARD FROM PARIS By G S Bourdain IMPOSSIBLE n'est pas Francais (Impossible is not French) is a popular phrase in France, and Fauchon, the prestigious food emporium founded in 1886, seems to have just proved its veracity. Fauchon has opened an attractive restaurant at a site in667 words
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Article154 1990-05-02 21 As at 3pm on April 30: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.402 1.4220 Canadian dollar 1.600 1.6200 NZ dollar 1.066 1.106 Sterling pound 3.043 3.073 US dollar 1.8730 1.8830 Local dollars to 100 units of foreign currency Austrian schilling154 words
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Article141 1990-05-02 21 Duration Title Venue Organiser _Td Apr 27- International West Dussekiorfer r (49)211/4560May 10 Fair Printing Germany Mcssegcscibch- 01 and Paper aft mbH Nowea Apr 28 Spring Fair Austria Grazer Messe 316/8088-0 May 6 *90 Indemational May 2-9 Hanover Fair Germany Foir de (49)511/89-0 '90 Industry Hanovre CeBit141 words
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Page 21 Advertisements
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Advertisement51 1990-05-02 21 jft The business person's choke every Tuesday, f f\ Thursday, Saturday and Sundav. Leaving Changi t\ Airport at 21:5S hours and arriving at II different cities in the USA the following day. Call your travel agent or Air Canada at 732 tfff. A Breath Of Fresh Air r Air Canada51 words
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Advertisement29 1990-05-02 21 ANNOUNCEMENT SINGAPORE BUSINESS Buy a copy of Business Times on 3 May and get a copy of Singapore Business FREE. For Enquiries/ Please Call Tel: 255 0011 Circulation Dept)29 words
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Page 21 Miscellaneous
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Miscellaneous282 1990-05-02 21 1 Circulate counterfeit dollar blame other fellow 9 Walks into a vessel bound I 1 I I ill out-of-the-world places 11 Nonconformist creepyMM H 12 Questioning a method of -—■HHHBL— cooking (8) I P I I I I j j 13 Extremely small accesso- hLJ—HHI 15 Replace drink with vegeta-282 words
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Miscellaneous210 1990-05-02 21 Singapore Outlook: Showers over several areas in the afternoon Report Max temp 33.4* C Assoc humidity 59% Min temp. 25.5* C Assoc humidity 95% Hrs of sunshine 5.10 Rainfall in mm trace Rainfall this mth nil Rainy days this mth nil World report Asia-Pacific Hi/Lo* Cond. Auckland 21/14 Rain Bangkok210 words
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Miscellaneous40 1990-05-02 21 l TVUS h raftGwzme.. eveßy siwy gmds UP rmsußPßiseo wryou.N ML ,S ,SSL IL?r w*ih twg tf*PPY coufte pmss I N i R.IPING OFF fcrfo TV4C Pv raPiGfvzme \N) TUC J V( CPvdo«efGßivc floroßN-nc; y IsuaW" V STANOAMD CO. fig40 words
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474 1990-05-02 22 Suzanne Soh - By Suzanne Soh THOUSANDS of Singaporeans yesterday joined workers around the world to mark International Labour Day. The May Day Rally this year had special meaning for the Republic as it is also celebrating its 25th anniversary. And for474 words
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250 1990-05-02 22 Anna Teo - By Anna Teo AMERICAN risk analysis firm Beri has consistently rated Singapore's workforce tops in its regular global labour evaluation of the last 11 years. Another "unsolicited and authoritative" endorsement of the Singapore workforce was made recently, this time by the chairman of French electronics250 words
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Article119 1990-05-02 22 Reuter LAND in central Tokyo is the most expensive in the world, but one town in a remote part of Japan is giving land away in a desperate effort to boost its dwindling population. Asaji, high in the mountains of Kyushu, has budgeted 1.8 millionReuter - 119 words
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430 1990-05-02 22 Catherine Ong - From Catherine Ong in HONGKONG SINGAPORE, Australia, Taiwan and Thailand are unlikely to replace Hongkong as an international financial centre for Asia because none of these countries is willing to allow equal treatment of foreign and local participants, in the view430 words
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Article297 1990-05-02 22 Agencies THOUSANDS of protesters jeered and booed President Mikhail Gorbachev and other officials on Red Square Tuesday, using traditionally sedate May Day festivities to unleash bitter criticism on the Soviet leadership. Columns of unofficial demonstrators, permitted for the first time in the traditional May Day marchAgencies - 297 words
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Article160 1990-05-02 22 AP IN A MOVE to save South Korea's stock market from imminent collapse, the government yesterday decided to attack rampant real estate speculation. The government would be forcing conglomerates, especially securities and insurance firms, to sell real estate held for speculation, officials said inAP - 160 words
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Article, Illustration365 1990-05-02 22 Genevieve Cue - By Genevieve Cue SINGAPORE trade turned in a lacklustre performance in March, with a modest 14.6 per cent growth. It continued to be boosted largely by strong domestic oil exports. The growth rate pales beside the phenomenal 24.6 per cent increase in365 words
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317 1990-05-02 22 US institute recommends appreciation of Sing AP SINGAPORE needs to reverse its recent depreciation of its currency and to achieve "the sort of real appreciation previously recommended", said a revised study by the Institute for International Economics in Washington, updating a major analysis it issued in June 1987. Institute economistsAP - 317 words
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Page 22 Advertisements
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Advertisement143 1990-05-02 22 TPS Iron /fik Full Perimeter Weighting Optimum Balance Softer Feel Powerjßilf \y Why play a round with anything less? DATABASE ANALYSIS I FOR THE EQUITIES MARKET j TECHAMATIC a Database Analysis module. Offers an exhaustive list of number-crunching facifities indispensable to every Research Department. Select from a comprehensive list of143 words
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Advertisement296 1990-05-02 22 The world's best persimmon wood is now even better.... and comes with a 3-Year Warranty. Why pUty a nmmd uiti/anytbtng tot*? Introducing the fax machine for life in the fast lane. K% A^«aiW!P^ i_/'W" R "1 wf w- fl I K#Sfl Km .jfv L^J M y-- |HM tB PF-101 TAjC.296 words
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SHIPPING TIMES
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Article, Illustration555 1990-05-02 23 Ravi Nambiar - By Ravi Nambiar THE JOHOR Port Authority, concerned over the large volume of cargo still going through the Causeway, has urged the federal government to delay approval for the proposed second link with Singapore. It fears that if the proposed bridge is built555 words
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235 1990-05-02 23 AFP INDONESIA and the Soviet Union are expected to sign an agreement this month to resume direct airlinks between the two countries eight years after they were suspended, said Transportation Minister Azwar Anas in Jakarta on Monday. Representatives of the two countriesAFP - 235 words
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Article, Illustration364 1990-05-02 23 Julie Chatterjee - From Julie Chatterjee IN BOMBAY INDIA'S newly-elected government has decided to abolish most of the restrictions on domestic air charter operations and seat capacity ceilings on air taxi services. The open skies policy will be permanent, instead of being valid only for364 words
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Article, Illustration383 1990-05-02 23 Othman Abu Bakar - By Othman Abu Bakar CONTAINER terminal operator NCT says it is negotiating with a foreign shipping line to set up an eight-hectare container yard at Port Klang to store the line's boxes. Negotiations are expected to be completed very soon. WorkSource: NCT - 383 words
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Article248 1990-05-02 23 Rahita Elias - By Rahita Elias YUGOSLAVIAN shipping line Splosna Plovba recently launched a new monthly service plying between Japan and the Indian subcontinent, via Singapore. The new service, which began in mid-April, was started to take advantage of the growing demand for breakbulk cargo space to the Republic248 words
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NEWS SUMMARY
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Article26 1990-05-02 23 REGIONAL operators and liner majors alike are jumping on the intra-Asian trade bandwagon and already there are signs of overcapacity Page 226 words
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38 1990-05-02 23 BOEING Co chairman and chief executive Frank Shrontz said the company hopes to receive enough orders for the new 767-X jetliner by mid--1990 to formally launch the new wide-body twinjet Back Page38 words
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30 1990-05-02 23 THE European Community is seeking powers to act faster against airlines that engage in unfairly low pricing and other anti-competitive behaviour Back Page30 words
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26 1990-05-02 23 AIR New Zealand wants to be among the world's top 20 airlines in 10 years. Back Page26 words
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26 1990-05-02 23 First Pacific Co Ltd is set to begin this year its first multimillion dollar telecommunications project in the Philippines Back Page26 words
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25 1990-05-02 23 LEADING air express company DHL has opened a new bonded warehouse and distribution system at Bahrain Airport Back Page25 words
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Article31 1990-05-02 23 ONE of Japan's biggest civil engineering projects, a man-made island being built for a new airport in Osaka Bay, is sinking much faster than expected Back Page31 words
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LOG BOOK
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87 1990-05-02 24 THREE TRANSPORT GROUPS IN AUSTRALIA have formed a joint-venture company to offer global transport and distribution management services. National airline Qantas, transport and security group Mayne Nickless Ltd, and Peninsular and Oriental Steam Navigation Co unit P and O Containers have each taken one-third87 words
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Article69 1990-05-02 24 EAST GERMANY AND FRANCE began a scheduled air service on Monday, the official ADN news agency reported. It said French carrier Air France would fly to and from Dresden on Fridays starting from May 4 and state airline Interflug would ply the route on Mondays69 words
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Article102 1990-05-02 24 THE CHINESE PORT CITY of Shanghai is to spend 230 million yuan (US$49 million) to build six more deepwater berths this year, the New China News Agency reported. The additions will bring to 15 the number of deepwater berths in Shanghai, the industrial centre of China.102 words
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Article73 1990-05-02 24 SPOT TANKER CHARTERS of crude oil in March in the Mideast Gulf totalled 220 million bairels, or 103 ultra and "Very large crude carriers, said Ken Miller, vice-president at Energy Information Limited. Miller said at an international oil conference in Boulder, Colorado, that the spot loadings73 words
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Article89 1990-05-02 24 ASK CORP HAS REACHED agreement with Mitsui Engineering and Shipbuilding Co Ltd of Japan for Mitsui to provide for worldwide sales of ASK products and technology. The pact specifically includes sales efforts aimed at the JUS and Japanese markets. Mitsui said it intends to launch an89 words
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Article83 1990-05-02 24 INDIAN AIRLINES' fleet of 14 Airbus 320s will be grounded until a court ends an inquiry intp a plane crash in February which killed 91 people, Civil Aviation Minister Arif Mohammad Khan told Parliament. A court of inquiry I «will begin on May 7 to hear83 words
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Article, Illustration1740 1990-05-02 24 Tani Freedman - Regional operators and liner majors alike are jumping on the intra-Asian trade bandwagon and already there are signs of overcapacity. TaniTreedman reports. Tani Freedman Seatrade Business Review BOOMING intraAsian trade has pushed demand for container shipping to a record high. Liner operators with a stake inSeatrade Business Review - 1,740 words
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Article770 1990-05-02 24 AFP FREIGHT rates continued to slide in the past week, depressed by the continued absence of traditional springtime demand. With the usual seasonal growth in vessel fixing already a month late, the Baltic International Freight Futures Exchange's Baltic Freight Index (BFI) gave up 45 points over the weekAFP - 770 words
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Article11237 1990-05-02 32 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum11,237 words
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SHIPS IN PORT
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Article374 1990-05-02 38 M -ti kiM M"*" Nipptl Whirvti MtorM 26Wb K18 alongside 0405/2300 foxwhuasJwn 3 K29 alongside 06.05/0600 towwtt BH K30 alongside 01.05/1400 Toutcom 2008 C09 alongsrfe 02 05/2300 Ms Endwwo 06EB K17 01 05/1345 02 05/2300 Ttomasrwr* 92£ K30 02.05/2130 04 05/1800 Paak Panianf Boi Rumnski 27W P3E374 words
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Article1848 1990-05-02 38 RECEIVING OF EXPORT Fa CONTAINERS MID LCt CARGO TrssUkw SchedJes Sty Voy No Ait Ditt Tint From To Boototf Gate B* Op G<* Aka Bhum 18S 04.05.90 2300 02/1230 02/1259 Portnet 2 A2 00 F05 03/0130 03/0159 NA 2_ M Mko*> «8A 04.05.90 0700 02/1430 02/1529 Portnet 21,848 words
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Article283 1990-05-02 38 Pft Kiam South fort Crystal Venture L berth 1; IV! berth 3: Santos berth 4; Sri Nam Hua berth 7; Jenwin berth 7A. KCT: Thana Bhum berth 8; Maersk Farco berth 9; Bonita Ace berth 9; Lion Gate Bridge berth 10. North Port; No 8 Donam berth283 words
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Article1182 1990-05-02 38 THE CURRENT downward drift in rates on the dry cargo freight market continued, and the Baltic Freight Index (BFI) on Monday was marked down 12 points to 1,361. A 52,000 long ton cargo of heavy grain was booked from the US North Pacific range to Japan at US$ll.6O,1,182 words
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Article, Illustration285 1990-05-02 39 Reuter BOEING Co chairman and chief executive Frank Shrontz said the company hopes to receive enough orders for the new 767-X jetliner by mid-1990 to formally launch the new wide-body twinjet. "We are hopeful by midyear to have reached a quantity thatReuter - 285 words
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186 1990-05-02 39 LEADING air express company DHL has opened a new bonded warehouse and distribution system at Bahrain Airport. The facility, part of a US$4 million investment made in the Middle East by the company, will mean that shippers from around the world will be186 words
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171 1990-05-02 39 Reuter THE European Community is seeking powers to act faster against airlines that engage in unfairly low pricing and other anti-competitive behaviour. Officials said the EC's executive commission will unveil proposals to give it the right to order carriers to sus- pend "predatory"Reuter - 171 words
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Article, Illustration285 1990-05-02 39 AIR New Zealand wants to be among the world's top 20 airlines in 10 years, it said in a strategy unveiled on Monday. As part of the plan it will increase its services to Japan and open new services to South285 words
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225 1990-05-02 39 Al O Labita - From Al O Labita IN MANILA HONGKONG-BASED First Pacific Co Ltd is set to begin this year its first multi-mil-lion dollar telecommunications project in the Philippines. It has initially earmarked US$ 150 million for the project, forming part of its business expansion225 words
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Article87 1990-05-02 39 AP ONE OF Japan's biggest civil engineering projects, a man-made island being built for a new airport in Osaka Bay, is sinking much faster than expected, officials say. Foreign construction firms were excluded from bidding for the massive landfill project to create the large artificial island, leadingAP - 87 words
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Advertisement309 1990-05-02 23 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING VESSEL/VOC SIN MAA CCU J VESTA 01N90 04/5 10/5 S EIGHT 03N90 08/5 15/5 CALL: 224 6071 (See Page 13 Column 4). WE GIVE YOU THE WORLD Nedlloyd Lines W EstaWished 10 Singapore l«c» 1888 I f ,iT We operate 34 separate services in a309 words
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Advertisement28 1990-05-02 23 Container Schedule 17 My Freights 17 Ma to Mvertjsen 3 Shipping Guide 10,11 Shps in Port 17 Singapore Tries 17 Weather and Sea Condtons 17 Weekly traghts 228 words
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Page 24 Advertisements
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Advertisement173 1990-05-02 24 SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION I"! THIS MONTH'S 1 LUCKY DRAW PRIZE 1 3 Pieces of to be won EXCLUSIVE! Subscribe or renew your subscription now. The first 80 subscribers will get a Samsonite Dynasty Carry On bag each worth $65. (For Singapore subscribers only) Subscription rates: *East Malaysia *****.00 "Overseas173 words
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Page 25 Advertisements
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Advertisement2108 1990-05-02 25 JAROINE SHIPPING MOCKS 200 Cantonment Rood #12-OS Sonttipwot, Singapore 0208 W»W Tii *****11 TELEX NO RS 2(179 IVfllllW TERMINAL/CFS Tel *****11 220 I*oooo9*l BOOKINGS Tel *****34 235 J PESAKA JAROINE SHIPPING AGENCIES SON SHO |PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** |!r SSnSS PENANG TEL *****4 TELEX NO HA***** CFS2,108 words
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Advertisement1198 1990-05-02 25 MDEX Pa*r Col K«ge Col Lucky Seaway 15 3 Lykes Lines 5 3 ABC Containeriine 13 5 i— Accord Shpg 8 3-5 M It < Mac-Neb Agencies 14 1/2 Alfrcd CWw 5 5 Macolme ,4 1/2 Ahrenkiel Liner 16 5 APC Line 14 4 Madju Sdn Bhd 16 1/2 APL1,198 words
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Advertisement2244 1990-05-02 25 Vmml Voy ETA I ETO "Port *P»n»ng 1 DESTINATIONS Singapore Kalang TM* Lan M 9006 f«»d«r toy cy vi »wo mrs m Fano t iHH CFS 7/S I*oo MRS M Taufo OAK LOB MOO MEM ATL MIA CHS BAL PHL HYC MOW TOW LARS M Woe 8/S M 3/5 VS2,244 words
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Page 26 Advertisements
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Advertisement864 1990-05-02 26 ■P IMMBMVB PTE LTD WE ARE NOW LOCATED AT: 17, UPPER CIRCULAR RD #02-00 JUTA BUILDING SINGAPORE 0105 OUR CONTACT NUMBERS ARE: TEL: 534-0456 221-0108 (SALES/ BOOKINGS) FAX: 534-0040 TELEX: RS ***** trans pacific service i r WEEKLY FULL CONTAINER SERVICE |TO um SIN HKC I LBH I OAK I864 words
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Advertisement525 1990-05-02 26 IgsKAriHn^B SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT V: ISLA FLOREANA 25/5 11/6 21/6 28/6 4/7 DIRECT CHILE SERVICE 5 SIN IQQ ANF VAP U ISLA FLOREANA 11/7 12/7 15/7 17/7 A VS. JAVA. 03-*****25 JOHORJB' 07-*****2 NORTHBOUNO TO UKC S PORE RDM/ADAM HBG HULL(U.K.) CLYDEBANK V.2IN 14/5 9/6525 words
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Advertisement1440 1990-05-02 26 BMIMIASm REGULAR INDEPENDENT FULL CONTAXER SERVICE WESTBOUND FOR EUROPE iul ISL/VOY sin clm vlt prs ALG BCL fil ham bre rot ant lha (VIA (VIA (VIA (VIA VLT) ALG) HAM) ROT) (ORASIA MUBARAK 9009-3 06/05 MVO6 23/06 27/05 2«/» 3"W 31/W 02AW »/06 to/06 ♦ORASIA AL-MANSOORAH 9010-3 11/05 15*05 27/051,440 words
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Page 27 Advertisements
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Advertisement1384 1990-05-02 27 I IUIIW, TTOUUUOUajf WfJT fr Ifif Maritime Holdings Ltd Iff STRAITS SHIPPING I Containers MKS iWMW S>n Ston H'burf I'Mm r1» La* ACCEPTS DUE SAILS LONOOM EXPRESS OMH 9<ffi 22* MOS 2MB CARGO cm Of ENWUNH a« JM» am am am am STRAITS VENTURE VIIE Hun, Lab. KK 01 031,384 words
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Advertisement1479 1990-05-02 27 TO: EUROPE TQ; FAR EAST SP LM ROM HAM B'HVN FIX SPORE NK RAO KOt KU CHOYANG CHANCE 047W 5/5 23/5 24/5 25/5 27/5 21/5 CHOTANC PARK 007E 1/5 12/5 13/5 15/5 U/5 HANJIN LEHAVRE 007W 12/5 30/5 11/5 1/1 W V* HANJIN OAKLANO OWE 14/5 17/5 11/5 21/5 24/51,479 words
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Advertisement10 1990-05-02 27 REGULAR SERVICE TO KARACHI SPORE LOADING FOR TBN 17/5 KARACHI10 words
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Advertisement349 1990-05-02 27 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN ASIAN COSMIC SEKI TRADER STAR PIONEER KOCHI VOY NO 1 112 S 79 Spore SM 5/5 1/5 P. Kelang In Pt 2/5 5/5 12/5 Penang Hong Kong Yokohama IS/5 22/5 Nagoya 17/5 Osaka 15/5 S«nr»ku KasMm F una bath349 words
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Page 28 Advertisements
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Advertisement617 1990-05-02 28 :m. ViSirT. rr kmih uov» P.I. SMTOKM Willi P.T. TWIMUm CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY SPOKE ROAM/ H'BURG BREMEN ANTWERP ADAM MAT ARAM/2CWB 30/4 3/5 V« W Ifi ISli BAAB ULLAH/22W8 25-21/4 Oft 1/7 1/7 7p FAST TRANSIT TIME 2 ACCEPTING BREAK BULK/CONTAINERISED CARGO 9ub{act to taucamant Atao617 words
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Advertisement700 1990-05-02 28 HANJIN SHIPPING I yy FULL CONTAINER SERVICE FEEDER VSL SIN LINE HAUL LAX OAK CHOYANC CHANCE 047W VS 23/S 24/5 2V5 27/5 21/5 CHOYANC PARK H7E 7/5 N. POHANC ME Y» V» HANJIN LE HARVE 007W 12/5 30/5 31/5 1/6 3/6 4* HANJIN OAKLANO «7E 14/5 N. BUSAN 057E U700 words
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Advertisement62 1990-05-02 28 SOON kiar shippingl L PTE LTD 3 SHENTON WAY #20-05/06 SHENTON HOUSE REGULAR SERVICE TO SARAWAK BRUNEI SPOM ttaju tout Him OMO Bmtulu/lfcri/K B*Uit OWS Sri Pujut 07m Bintulg/Wrim kUit In Swm Ann Satu 02JK Port Reccivin| cjrgo at Pivr Pinjanf P2 Acc*ptinf TCI ind rittif contJincr »"d huvylifts up62 words
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Advertisement1496 1990-05-02 28 fJ—I TVJ -1 nil Str HKCKSCKLCPUSMKTOSKTYOMLLNVAIwmaXNKaepD ever qoi nc 40 J/J w i g ever onto «s w iw i«rt vm a/5 v w m nn V K S I EVERCNEET 140 15* 2*5 Zl/S 2S/5 21/5 fti 10 EVER GOLDEN 21/5 22/5 M»S M/ 5 m H H It1,496 words
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Page 29 Advertisements
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Advertisement1459 1990-05-02 29 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) oißAllo BOOKINGS/ENQUIRIES: UK/EUROPE SERVICE *****19 AUST/INDIA/PAK SERVICE *****18 tt USA SERVICE *****16 ■■w FAR EAST SERVICE *****43 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA cicofto cicOQJ Ki^26l4o33^Kelan^M9BB7^enan^63lTo^Bahn^lsB93^lsB9^^^^^^^ UK (VIA SUEZ) UftrDl VSt/YOY PEN1,459 words
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Advertisement1185 1990-05-02 29 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD "j BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) |T'l H V I «H k. I H 11.1 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND WSStIS VPTAct |SW« |WltltA HKOK1,185 words
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Page 30 Advertisements
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Advertisement1044 1990-05-02 30 ft*- O i r I llßiliSillll VOY *INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX I OOCL FORTUNE 20 7/5 8/5 10/5 2/6 12/6 14/6 20/6 I AMBASSADOR BRIDGE 28 14/5 15/5 17/5 9/6 19/6 21/6 13/6 27/6 I NEPTUNE JADE 24 25/5 26/5 24/5 16/6 26/6 28/6 30/6 4/71,044 words
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Advertisement765 1990-05-02 30 I D SIN (1 DAY) J (1OAY) r pENANG ♦.<' BANGKOK mena ~j I 04/05/90 PORT KELAN( t PENANG JACQUELINE TWICE/WKLY M BOOKING CONTACT w H ETD SIN (3 DAYS) (2 DAYS) rtuC niijr M'DAY) KEELUNG 06/05/90 MO NG KONG KAOHSIUNG JOYCE/JUDY TWICE/WKLY w——— 1 BOOKING CONTACT f"^ w p—765 words
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Advertisement314 1990-05-02 30 Continental Pacific Shipping jr j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR ARTEMISION SM SETE/ROH/ANT/FIU/UK BYRON V SM SW In Pt SETE/ROM/ANT'FIU/UK ARBELA 10/5 W 20/5 SETE/ROM/ANT/FLU/UK Loads Salwh/lndonMi« MULTIPORT AGENCIES (S) /Q\ PTE. LTD. V 1 TEL: *****77 FAX: 225M31 \|fj/ PK. MULTIPORT SON BHD.314 words
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Advertisement647 1990-05-02 30 GOLDEN LINE I<6£?\ GUAN GUAN SHIPPING (PTE) LTD ll'Z?lC N 4 a, Tata* Avar Straet SINGAPORE TEL 5343 M (10 LINES) Fa*: *****04 (CR N« MUM—I STRAITS/PERSIAN GULF SERVICE: S'port P. K slang Pwmi QOLDCN BEAU CotantoQ/KaradwOubai 110 May QOLOEN HARVEST Cofcxnbo/Karad*/Out>« 2W3 Kiy CHINA SERVICE WNFII Xamar CyrfK*. M647 words
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Advertisement1644 1990-05-02 31 ***** PACIFIC INTERNATIONAL LINES (PTE) LTD SSSB* Jf JVfIV P,L Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 IBANGKOK VESSEL VOV SIN JKT SIM VESSEL VOV SIN BKK SIN °?f 8 3/5 5/S ,/S KOTA NASA 03N 5/5 9/5 12/5 Sf- 13/5 PEGASUS PIONEER SON 6/5 11/5 15/5 MAI1,644 words
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Advertisement1218 1990-05-02 31 BEN LINE CONTAINERS LTD^ 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT SPORE PKLANG S HAMPTON HAMBURG BHAVEN RDAM LHAVRE London Express 7i/552 3/5 4* 22/5 24/5 26/5 City o« Edinburgh 89/551 3/5 26/5 22/5 24/5 21/5 Liverpool Bay1,218 words
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Advertisement277 1990-05-02 31 MYANMA PA FIVE STAR UWE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen Bkok MYOMAYWA VI26W GDN P4 1/3 MAY MERGUI V 99* bit MAY 11/13 Mjy j DISCHG ONLY HPA-AN VI49W 7/S MAY HTONEYWA V255W* t/7 MAY 'DISCHG ONLY THE BANK LINE (A tervice ol Andrew Weir277 words
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Advertisement11 1990-05-02 32 m Li .OVI) Trikstino xi-/ (A MEMBER OF THE MED CuUR)11 words
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Advertisement11 1990-05-02 33 Lsl Li .ovi) Trikstino V£/ (A MEMBER OF THE MED CIUR-11 words
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Page 34 Advertisements
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Advertisement1049 1990-05-02 34 supping limes, wecnesoay n»»y a lm EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 7/5 12/5 (Conventional Service) ETA S PORE LOADING FOR BANGLAR PROGOTI Sid S.KOREA/JAPAN BANGLAR SWAPNA 20/5 CTG., MONGLA ETA S PORE LOADING FOR A VSL Sid Port Suez/Port Said/Alexandra MfiiHiV EAST MALAYSIA SNIPPING ENT.1,049 words
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Advertisement213 1990-05-02 34 w. ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA [LOAOMO FOR SPORE ANO4NET 19WB 1(V06 OARESSAI AAM MOMBASA DJIBOUTI ASSAB. MABSAWA HOOEIOAH ABYOT 21W8 IVOt D ARE SSAI AA M, MOMBASA. DJIBOUTI ASSAB. MASSAWA. HOPE IP AM H KIEW HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH213 words
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Advertisement655 1990-05-02 34 tafeftP T. MASKAPAI PELAYARAIJ V s PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE I TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS OF S PORE, INDONESIA, I MALAYSIA THAILAND I ALSO ACCEPTING LCL CARGO TO JKT, PKG. PNG I t AND, BKK. FOR BOOKINGS CALL SPECARGO I FORWARDING AT655 words
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Advertisement615 1990-05-02 34 EElinil BAY OF BENGAL SERVICES MADRAS CALCUTTA mraii m «M jOR GEN VESTA 01*90 04/5 10/5 lt/5 j Oft GEN VESTA 02*90 lt/5 22/5 20/5 j Oft GEN VESTA 03N90 21/5 03/6 09/6 iORGEN VESTA 04W90 09/6 IS/6 21/0 DANISH FLAG VESSELS VOY SIN CCU SIN SUPER EIGHT 03N» 00/5615 words
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Advertisement297 1990-05-02 34 TO AUSTRALIA/NEW ZEALAND utTvi*rtn w~ I*s ofl ijs ift "5 tht untus m m uH m vi v w i mSSm a* v v ati vn mp MUSSa 252 hH 5/7 a im i» m U DATS TO MELBOURNE! TO USA/CANADA WL [tiitppin |N Orl—» [ClMrtfi [H«Mm AWTK»«N W~ Urt297 words
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Advertisement1119 1990-05-02 35 MAC-NELS SINGAPORE I tel *****22 import tel miiomJ TEL: (04) *****6 IKK TEL: (008) *****0 TAWAU TEL: (009) *****9 KELANG TEL: (03) *****771 KUCHING TEL: (002) *****3 SKAN TEL: (009) *****2 -f\-/\ |M BAHRU TEL: (07) *****2 I SIBU TEL: (004) *****2 LABUAN TEL: (007) *****9 *—VZLJIjAKARTA TEL: (21) *****71,119 words
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Advertisement344 1990-05-02 35 BLUE STAR LHE SINGAPORE TO ONEW0 NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH A PORT CHALMERS ACCEPTING FCL ft LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LTT MANDAMA 0572 «Hay 71 May Vi* NPL344 words
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Advertisement1077 1990-05-02 35 /gBL THONG SOON LINES PTE. LTD. SLy-I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH Mia IftT [Ell lin Btt ItT CT» |«T KIM SOON LI 18/90E 5 MAY PENANG1,077 words
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Page 36 Advertisements
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Advertisement755 1990-05-02 36 BMpgMg urnes, Wednesday May Z 1W COMPANIA PERUANA DE VAPORE3 "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCI/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Parang* P. Ktlang* Singapore THOMAS*VERETT Gdn.K3o/3 May SHAPLAEVERETT 20/22 May ROSEEVERETT 2/4 Jun 5/7 Jun "EVERETT755 words
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Advertisement650 1990-05-02 36 FULL CONTAINER SERVICE accepting FCL/LCL cargo** USA taet A Weil Coast. Carrlhbean.Ea«t Canada. HAITI Guatemala and Honfern VSL {S PORE fcSAINLINER [LAX fctST [SAV [NYC B ZW SINGAPORE 7/5 ZIM L IVOR NO 11/5 M UK W W ZIM PIRAEUS J/5 ZIM GENOA W W W W A VESSEL U/5650 words
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Advertisement718 1990-05-02 36 SING KWANG HANGI lIWHIQ TRANSPORTATION (FT*) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA KITI BHUM 5/5 6/5 JENWEL 17/5 1— 10/5 VESSEL SPORE BANGKOK A VESSEL 3/5 A VESSEL 5/5 I 8/5 DESTINATIONS ETA SINGAPORE PORT KELANG 4 MAY MANILA 11 MAY HONG KONG. ALL CHINA PORTS 5 MAY718 words
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Advertisement476 1990-05-02 36 r» PERINTIS LINE I JMSP|MMiIIIMRMfRn!inHM9» ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA i VESSEL VOV SINGAPORE JAKARTA SURABAYA PRASETIA 89A In Pt 05/5 PELOPOR 940 05/5 08/5 PRASETIA 91A 09/5 12/5 PELOPOR 941 12/5 15/5 TANTO UTAMA 73 5/5 8/5 TANTO UTAMA 75 12/5 15/5 TANTO UTAMA 77476 words
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Advertisement406 1990-05-02 36 I!| FAI EAST 6/5 KEELUNG/KAOHSIUNG v 6/5 BANGKOK 11/5 MANILA 5/5 JAKARTA 5/5 PORT KELANG/PENANG 7/5' BUSAN 7/5 TOKYO/YOKO/KOBE 8/5 HONG KONG also accepting cargo to Huangpu Shenzhen Fuzhou Xiamen/Xingang/Shanghai mEVMPE/VK ""T 1 mm Y*r 5/5 LDN/FLX/LVP/SOU 5/5 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poiand/Bulgaria/Cwch. ill HSi/CiliU Tin.406 words
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Page 37 Advertisements
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Advertisement478 1990-05-02 37 trnnsintra 1 shipp<ng (»n«apore) wivita limitad Cjrgb bookifJ T<H: *****8 (5 LINES) A TBN END MAY HKG, KAO, POHANG FROM ALL UNITED KINGDOM CITIES/PORTS FROM COPENHAGEN/AARHUS FROM HAMBURG/BREMEN FROM BUSAN FROM LOS ANGELES/ALL USA IPI POINTS PLATOU PACIFIC V tyl SHIPPING SERVICES REGULAR FAR EAST N. AMERICA BREAKBUCK SERVICE OWNERS'478 words
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Advertisement253 1990-05-02 37 VSL DESTINATION ETA SIN MAHA BHUM 07N BANGKOK 3/5 SIRI BHUM 445N BANGKOK 4/5 PIYA BHUM 2UN BANGKOK M MAHA BHUM HN BANGKOK 10 5 SO ORIENT 19R CEBU, MANILA IHS AKA BHUM ItS CEBU. MANILA 4/5 O SINCERITY 22A KARACHI, BOMBAY 5/5 VEGA 13A KARACHI. BOMBAY 14/5 JENLINK 06N253 words
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Advertisement307 1990-05-02 37 MmADKRIS BUSINESS Ipßi CORPORATION PHIUPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT. ALL HEAVY LIFT WELCOME. M.V.'DAGOHOY' 06/90 15TH -20TH MAY MANILA/BISLIG TBN 10TH MAY BISLIG TBN BTH-10TH MAY MANILA M V DAGOHOY' 07/90 IST JUNE MANILA GENERAL ACT CALSOURCE SHIPPING ft TRADING307 words
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Advertisement489 1990-05-02 37 OcemService W LCL/FCL TO/FROM CfH KL: allicd-LINK SINGAPORE: /tTTVN iQgr 04-*****2 09-*****55 778 5522(22 linesi SEE® Marin* Of*Q SwMn Hg/Chrmnm CNM AMeo YMMMN Y« I S I Straits Container Agencies (a member of Steamer* Maritime Holding* Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 9011 30/04 03/05 DELTA489 words
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Page 38 Miscellaneous
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Miscellaneous402 1990-05-02 38 TIDES AND WEATHER TODAY'S TIDES (IwMrt in metres) HOW 0000 0100 0200 0300 MOO 0500 0600 0700 MOO 0900 *****100 *****300 1400 ISM ***************0 2000 MM *****300 n 1 7 71 24 27 28 2.7 24 20 16 1.2 1.0 05 0.7 05 1.0 15 1.6 15 15 1.9 15402 words
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Page 39 Advertisements
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Advertisement299 1990-05-02 39 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement on the right! L I£ll l ISJ UIUVi V<UUVI<9 IV *«vv« PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR 13-15/4/90 INDONESIA MALAYSIA EAST ASIA299 words
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Advertisement236 1990-05-02 39 JkHYUNDAI MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HKG —Ml|_ HYUNDAI INNOVATOR BE 0406 1005 2MJS 3105 0306 l A CMALLE|Wt ujw WO4 HYUNOAI EXPLORER 31E 11/05 17/05 04/06 0706 1006 HYUNOA CHALLENGER 32W |2/W236 words
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Advertisement393 1990-05-02 39 Call *****58 or Fax *****82 SINGfI PUMP SERVICES PTE LTD P.trjTAi SI if f Y ;I .f R 1 t P. r T H H •i-f.'EP -VI. »'Rt.r E H«.i f V- ;R TA t-U\ lmiv-.AP[iir H T•. P.'-c ■r. R. C• exporHS^^^^^lS^^H UK/CONTINENT (TRIO) lonoon arttss S jT* '*<1?*393 words
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