The Business Times, 3 May 1990

Microfilm: NL17017
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday May 3 1990 75*
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  • NEWS SUMMARY
    • Article
      US index of leading indicators up 0.9pc in March
      44 1 THE US INDEX of leading indicators, the government's main barometer of future economic trends, rose by 0.9 per cent in March, nearly reversing a sharp fall a month earlier, the US Commerce Department said yesterday.
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    • Article
      Merger plan finalised
      32 1 THE TWO GERMAN states yesterday agreed on a plan for merging their economies. The tentative agreement sets the stage for the economic merger to take place on July 2.
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    • Article
      NUH back to Temasek
      40 1 THE NATIONAL University Hospital will revert to Temasek Holdings for the next two to three years before coming under the National University of Singapore in its realignment as a leading teaching and research hospital Page 2
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    • Article
      Warning on trade pact
      38 1 THE US SENATE has warned President George Bush not to submit a US-Soviet trade pact for approval unless Moscow lifts its economic embargo against Lithuania and begins talks on the republic's independence Page 8
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    • Article
      Japanese dominance
      29 1 THE HEAD of US-based Intel Corp has said that he expects Japan to overtake the US as the dominant world supplier of computers by 1992 Page 8
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    • Article
      Historic UN plan
      33 1 THE UNITED NATIONS General Assembly has adopted a landmark declaration aimed at boosting the economies of poor countries while acknowledging the importance of human rights and the environment Page 11
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    • Article
      Caligula's PR problem
      25 1 A WIDELY heralded biography by a classical scholar argues that Roman despot Caligula was a victim of bad public relations Page 17
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    • Article
      Boost lor bunkering
      20 1 PROSPECTS for Singapore's bunker broking industry look good for the next few years. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      45 1 US STOCKS edged upwards early yesterday as traders awaited details of the government's financing plans. The Dow Jones average of 30 industrials rose 5.18 to 2,674.10 at 1430 GMT in the first hour of trading. Gainers led losers by 377 to 336.
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    • Article
      Footsie higher
      49 1 SHARE PRICES were higher at mid-day yesterday on the London Stock Exchange. At about noon (1100 GMT) the Financial Times-Stock Exchange 100-share index was up 21.9 points, or one per cent, at 2,139.8, its highest of the day. Volume came to a 260.8 million shares by mid-day.
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    • Article
      Look at Renong deal
      29 1 RENONG's chairman discusses its $1.23 billion deal, which will transform the smallish property company to a conglomerate almost the size of Sime Darby Page 3
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    • Article
      Inter-Pac sells stake
      29 1 INTER-PACIFIC Industrial Group Bhd has sold its entire 6.9 per cent stake in HeiligMeyers for U5516.82 million, giving it a gain of US$l.92 million Page 3
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    • Article
      Contract makes debut
      18 1 THE WORLD'S first cashsettled gold futures contract made its debut on Simex yesterday Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 730.13 -0.30 Kuala Lumpur ...518.53 -2.04 Hongkong 2,957.76 +12.58 Tokyo 30,173.64 483.81 Sydney ...1462.9 +22.3 Tuesday Change New York 2,668.92 +12.17 London 2,117.9 +14.5
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.8730 Yen (100) SSl.1813 MS SS0.6897 Money market rates Overnight 6 3/16% +1/2 3-month 6 11/16% -1/16
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    • Article
      COMMODITIES
      24 1 London Gold PM fix US$369.60 +0.10 Rubber S'porc June 160.50'/kg +0.25 M'siaJune 229.50«/kg +0.01 KL Tin Turnover 148 tonnes +22 Spot MSl7.il/kg +0.13
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  • Article, Illustration
    More using S'pore as base to make lubricants
    389 1  -  By Genevieve Cua ASIA'S booming economies are prompting more oil multinationals to use Singapore as a manufacturing and marketing base for lubricants. There are about eight lube oil plants in Singapore and more will be unveiled over the next few weeks. One
    389 words
  • Article
    Lock icon Taipei bourse hit by political uncertainty
    320 1 Reuter TAIWAN'S stock market, unstable at the best of times, has fallen dramatically this week as rumours of financial collapse among the market's big players and hints of political instability take their toll on uneasy investors. Share prices, battered by two consecutive days of
    Reuter  -  320 words
  • Article
    Lock icon Prices rally after Aquino's assurance
    232 1 AFP PHILIPPINE stock prices rallied yesterday after President Corazon Aquino pledged an early solution to a chronic power shortage and as investors got over fears of major May Day labour disturbances. The Manila Stock Exchange index closed at 963.08 points, up 2.8 per cent for
    AFP  -  232 words
  • Article
    Grand Central seeks OHQ status
    465 1  -  By Conrad Raj MALAYSIAN businessman Ishwar Nahappan, who is involved in a takeover bid for locally-listed Sunshine Allied Investments, plans to obtain operational headquarters (OHQ) status for ..his London-based Grand Central Investment Holdings (GCIH) pic Mr Nahappan, GClH's chairman, told BT recently that the company
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  • Article
    Sorting out economic signs in Malaysia
    119 1 IN THE RUN-UP to general elections expected this year, Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad can count on one powerful ally his country's economy. It has been touted as being among the fastest growing in the region. Now there is a view
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  • Page 1 Advertisements
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      285 1 i'Burberrysl < Reigns when it pours <vvyvYyNVYKVyWYyv*v*YyyvY*\Yy*, PEACE IN EUROPE 12 BATTLE OF BURGERS HOTS UP 14 Advertising Marketing 1* Money Changer Rates 27 World News 8, 11 Aircraft Schedule 27 Money Market 25 World Stock Markets 2« Commodities 26 Regional News 7 Cryptic Crossword 27 Regional Stock Markets 23
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      118 1 Free with BT today: don't miss the bonus TODAY'S Business Times comes with a free copy of the May issue of Singapore Business, the monthly magazine that helps its readers keep pace with the latest trends in business, finance and economics in the Republic and South-east Asia. Every copy of
      118 words
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      13 1 SINGAPORE BUSINESS IB I————— I wj bflkk MARKETING TO KIDS Is it ethical?
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      116 1 I TOTAL I TRANSPORTATION SERVICES 3?1 te1:265-3833 CROWN PACIFIC Poised for bull run, Pg 4 Crisis in Seoul, Back Pg 66 Cosy Ambience, Impeccable Service fine Hong Kong cuisine 99 Tbe Superior Shark 's Fin for T~C A delectable combination of Hongkong Dion Xin prepared true Cantonese cuisine J baute
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      3 1 Analysis, Pg 13
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Preparing for tourism in the 1990s
        39 2 THE National Association of Travel Agents Singapore (Natas) and the Singapore Hotel Association (SHA) are organising a one-day tourism industry conference tomorrow at.theAmara Hotel. The theme is "Preparing for Tounsm in the 19Ws
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      • Article
        No typhoid cases here
        96 2 WHILE several typhoid cases have been reported across the Causeway, and some three dozen visitors to Singapore this year came down with the illness, typhoid has not broken out iiTsingapore. The Ministry of the Environment advises against eating food from unlicensed hawkers and partially cooked food.
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      • Article
        SIA wins magazine award
        42 2 SINGAPORE Airlines' inflight magazine Silver Kris, has won an award from the Pacific Asia Travel Association (Pate). "Bodv Art in New Guinea" by Albrecht Schaefer, won a g award for best self-illustrated story in the travel story category.
        42 words
      • Article
        London cabs for S'pore
        56 2 THE Trans-Island Bus Service (Tibs) plans to introduce the world-famous London cab to Singapore, says Tibs managing director Ng Ser Miang. At the launch of Tibs Taxis yesterday, he said these taxis could comfortably accommodate five passengers. A wheelchair bound passenger can be wheeled into the
        56 words
      • Article
        Latest in telecommunications
        48 2 -fHE Global Telecommunications Pavilion, one of 11 pavilions to be featured at the Singapore 2000 GlQbalTechnopolis exhibition, is set to impress with the latest telecommunications and information equipment The exhibition will be held at the Changi Exhibition and Convention Centre from June 7 to 24.
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      • Article
        Lock icon Goddess of Democracy sails in
        62 2 AFP THE DISSIDENT radio ship, Goddess of Democracy, sailed into Singapore early yesterday morning. It was anchoredin the Eastern Anchorage, which is outside the port limit. The radio ship was scheduled to sail for Taiwan late last night or early this morning. It is backed
        AFP  -  62 words
      • Article
        SDP May Day rally
        42 2 THE Singapore Democratic Party is holding a May Day Rally at the Bedok Athletic Stadium this Saturday. MP for Potong Pasir Mr Chaim See Tong will be the main speaker at the event which starts at 7.30 pm.
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      • Article
        Corrections and clarifications
        45 2 IN THE report about NTUC Income's asset growth published in the weekend edition of BT (April 28-29), the assistant general manager's name was inadvertently earned as I K Samuel. It should have been K T Samuel. We are sorry for the error.
        45 words
    • Article
      NUH to be teaching hospital
      357 2  -  By Anna Teo THE NATIONAL University Hospital will revert to Temasek Holdings for the next two to three years before coming under the National University of Singapore in its re-align-ment as a premier teaching and research hospital. The transfer of ownership of NUH from the
      357 words
    • Article
      Pay scheme for consultants
      166 2 THE NEW PAY scheme for National University Hospital consultants rewards not only clinical service but also teaching, research, care of subsidised patients and administrative duties. Under the new scheme which took effect from April 1, the consultants will still retain up to twice their basic salary,
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    • Article, Illustration
      Changes will not affect staff, operations
      226 2 THE CHANGES arising from the National University Hospital's move to the National University of Singapore will involve the transfer of assets and will not have any impact on the staff or operations, says the hospital's chairman-designate, Dr Cheong Siew Keong. Dr Cheong, deputy chairman
      226 words
    • Article, Illustration
      Airport duty-free shop rentals may be too high
      380 2  -  By Suzanne Soh DFS SINGAPORE, which controls the liquor and tobacco stores at Changi Airport, now fears that the passenger flow through Changi may not be enough to sustain the high airport shop rentals. Speaking at the opening yesterday of its newest
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    • Article
      UBS to set up East Asian unit in Singapore in July
      256 2 THE Union Bank of Switzerland (ÜBS) will establish an East Asian business unit in July with the set-up of a regional office in Singapore. The regional office will be responsible for the bank's business in East Asia, excluding Japan.
      256 words
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      Page 2 Advertisements Column 1
      589 2 CANADA TORONTO SYMPHONY YOU CAN WIN IF YOU ■/MAUI XUC COADC for the right answers 1111 l UW I 1. TheTorontoSvmphonyOrchestrais....vearsold. mm u m umm I E2O m4Q 065 @68 And the score's simple-the Toronto Symphony Orchestra will be here on May 13 2 Between 1989 and 1990, the symphony
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Lock icon Renong set to overtake Sime Darby
      814 3 Bernama RENONG BHD, which is acquiring the Fleet Group and the Hatibudi Nominees group, is set to overtake Sime Darby Bhd as Malaysia's largest conglomerate within the next five years, Renong chairman Dr Chan Chin Cheung said. Renong on Monday announced plans to take
      Bernama  -  814 words
    • Article
      Lock icon Inter-Pacific sells stake in Heilig-Meyers
      298 3 Bernama INTER-PACIFIC Industrial Group Bhd has sold its entire 6.9 per cent stake in HeiligMeyers for U5516.82 million (about M 545.57 million), giving it a gain of US$ 1.92 million (about M 55.21 million). The sale of the shares in Heilig-Meyers, a company listed on
      Bernama  -  298 words
    • Article
      Lock icon Berjaya rethinks bond issue after calling off purchase deal
      336 3 NST BERJAYA Corporation (M) Bhd is reconsidering its proposal to issue a US$lOO million five-year bond with equity warrants following the termination of an agreement to acquire Canadian retail company Consumers Distributing Co Ltd. It added that details of the revision,
      NST  -  336 words
    • Article
      Lock icon Melewar urged to be patient in TV venture
      238 3 Bernama THE Malaysian Government has asked Melewar Corporation Bhd to be "patient" in its bid to set up a fourth TV network, the chairman of the company, Tunku Abdullah Tuanku Abdul Rahman, said. According to feedback from the government, people in the
      Bernama  -  238 words
    • Article
      Lock icon The going's going to get better
      530 3 MARKET TALK MBT MANY Malaysian listed companies which chalked up commendable results last year expect even rosier earnings in the current year in view of the better economic conditions. Shoe manufacturer Bata, which posted a 26 per cent jump in pre-tax profit to M
      MBT  -  530 words
    • Article
      Lock icon MCB shares plunge on news of Renong deal
      188 3 Reuter THE SHARE price of MCB Holdings Bhd (MCB), buffeted by heavy speculation in recent weeks, plunged again yesterday after news that it was not involved in a major corporate deal involving the ruling United Malays National Organsisation (IJm no) political party.
      Reuter  -  188 words
    • COMPANY BRIEFS
      • Article
        Ayer Molek capital to rise
        101 3 THE Ayer Molek Rubber Company Bhd will increase its share capital to Msl.B million comprising 1.8 million; shares of Msl each from the present MS 1.2 million after its proposed one-for-two bonus issue of 600,000 shares of Msl each. In a circular to shareholders on
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      • Article
        Ayer Hitam Tin in the red
        90 3 AYER HITAM Tin Dredging Malaysia Bhd incurred a loss of M 53.54 million at the company level for the half-year ended Dec 31, 1989, against a profit of M 54.35 million~in the corresponding period of 1988. Turnover slipped to M 53.37 million from M
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      • Article
        Hexza shares sold
        34 3 LEMBAGA TABUNG Angkatan Tentera said it has disposed of 50,000 shares in Hexza Corporation Bhd between April 10 and 17, thus reducing its stake in the company to 6.69 million shares.
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      • Article
        Datuk Tan ups Inter-Pac stake
        36 3 DATUK VINCENT TAN Chee Yioun said that he now owns 74.6 million shares in Inter-Pacific Industrial Grdup Bhd after buying 408,000 shares on the open market between April 2 and 16.
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      • Article
        Ladang sells Emtex shares
        41 3 LADANG SETIA Sdn Bhd said it has reduced its stake.in Emtex Corporation Bhd to 4.53 million shares after a series of three disposals of 3.78 million shares in the open market on April 11, 12 and 13.
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      • Article
        MWE discloses value of land
        58 3 MWE HOLDINGS Bhd's proposed acquisition of a twohectare piece of land in Kepong, Selangor, is valued at M 54.37 million, the company said in a reply to a query from the Kuala Lumpur Stock Exchange. The land Had been valued at M 54.36 million by
        58 words
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      155 3 II arkiM 5 < r&Kvr" J L- I: Sorry I'm late, chief —I had a little trouble working out my grooming strategy this morning." Since 1735 there has never been a quartz Blancpain watch. And there never will be. r^' Model shown *****41*58 BlancpaiN Faithful to the traditional art of
      155 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Insider trading rife in Australia, says banker
        112 4 INSIDER TRADING was rampant in Australia and management buyouts were "almost the ultimate form," a director of the ANZ Banking Corporation Ltd said. Sir William Vines told a graduation ceremony at MacQuarie University that there was growing concern abroad about the standards and
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      • Article
        ANA to raise stake in airline
        94 4 ALL NIPPON AIRWAYS Co Ltd will raise its equity stake in Austrian Airlines from 3.5 per cent to 9 per cent by taking 457,000 new shares for 10 billion yen. According to ANA officials, the move is aimed to keep hold of East European
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      • Article
        Hyundai opens Californian HQ
        69 4 HYUNDAI Motor America, the US subsidiary of the South Korean conglomerate, has opened new national headquarters in Fountain Valley, in California, the company announced. The US$36 million complex, on seven hectares, will house Service training and technical analysis facilities, along with headquarters staff and western region
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      • Article
        Tokyo stock dealer goes bust
        73 4 A MAJOR speculative stock dealer has gone bankrupt in the sharp plunge of Japanese stock prices this year, says a private credit research agency. According to Teikoku Data Bank Ltd, Akebono Kikaku Co of Tokyo has accumulated debt exceeding 210 billion yen and issued bad
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    • Article
      Lock icon Jakarta stocks poised for next bull run
      520 4 Reuter THE Jakarta Stock Exchange (JSE) is poised for its next bull run as companies queue up for a listing, the government continues its market reforms, the number of brokers soars and foreign money pours into the country. The market is one of
      Reuter  -  520 words
    • Article
      Lock icon Commission seeks to freeze sale of stake in Bell Group
      214 4 Reuter THE Australian National Companies and Securities Commission (NCSC) has demanded a freeze on the sale of a 14.9 per cent stake in Bell Group Ltd to British publisher Robert Maxwell. Maxwell bought the 48.59 million shares for one cent
      Reuter  -  214 words
    • Article
      Lock icon New Zealand's TV3 asks banker to call in receiver
      327 4 Reuter NEW ZEALAND'S independent network TV3 asked its main banker to appoint a receiver yesterday, only five months after it broke a state monopoly on New Zealand television. TV3, in which the US network NBC owns 16.4 per cent, said in
      Reuter  -  327 words
    • Article
      Lock icon Japanese make record sale of foreign securities
      426 4 AFP JAPANESE investors sold a record amount of foreign securities in March, depressing overall purchases in the first quarter to their lowest level in six years, the Finance Ministry said. The ministry said in a preliminary report that net sales of foreign securities
      AFP  -  426 words
    • Article
      Lock icon Toyota to setup plant in Pakistan
      180 4 FT TOYOTA, the leading Japanese car maker, is planning to begin vehicle production in Pakistan by late 1992 or early 1993. It has reached agreement on forming a joint venture with House of Habib, a Pakistani conglomerate, with the aim of producing up to
      FT  -  180 words
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      Page 4 Advertisements Column 1
      251 4 F°r«Un<(Ml jV I THL MWTMUOMI UmtMd rtif,— v o~— vH^I^H I, 1 Q-BBH& rt CHAB Umim v *^wrjr: r «c ftnotoor "—S£5- u ®i ml •""■■o.u. CORPORATION R /<t- L M T > U —i=-~._ M -f§£ i jl <c- PV U /^m f.tHrtMlkMM j(T Kta«MnCUnonß 1 f jgHUl' awwiGMvta.<«*.»*)
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      127 4 ADVERTISEMENT RENAULT NEWS RENAULT'S RESULTS FOR 1989 The Renault group announced that net profits totalled Ffr 8.8 billion for 1989, a figure boosted by an 8.1 per cent increase in sale worldwide. Speaking in Paris, Renault Chairman, Mr Raymond H Levy, announced that sales totalling 2,003,097 vehicles and amounting to
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Coke replaces Pepsi at Burger King's US restaurants
      468 5 Reuter COCA-COLA CO has wrested away the soft drink business at Burger King's 5,400 US restaurants from PepsiCo Inc, a move that will add more to Coke's visibility than its financial results, analysts said. The switch is expected to contribute only one
      Reuter  -  468 words
    • Article
      Lock icon Another blow for US mergers
      235 5 Reuter AMERICAN states are growing more aggressive in a campaign to block big company mergers, filling a vacuum left by years of relaxed federal oversight and putting another crimp in Wall Street's depressed mergers and acquisitions market. The US Supreme Court gave the states a
      Reuter  -  235 words
    • Article
      Lock icon Swiss giant SGS lets in the world
      395 5 FT SOCIETE GENERALE de Surveillance (SGS), the Swiss company which is the world leader in inspection services, has removed all barriers to foreign ownership of its shares and offered to swap its existing non-voting stock for new bearer shares with voting rights. SGS,
      FT  -  395 words
    • COMPANY BRIEFS
      • Article
        Xerox to expand in Eastern Europe, USSR
        89 5 RANK XEROX plans to spend around £10 million over the next two years expanding its photocopier business in the Soviet Union and Eastern Europe. Rank, a joint venture between Xerox Corp of the US and Britain's Rank Organisation pic, believes pent-up demand in
        89 words
      • Article
        Reasonably successful year
        62 5 IMPERIAL CHEMICAL Industries pic should have a reasonably satisfactory year. Chairman Sir Denys Henderson told shareholders at the annual meeting that it was difficult to predict the outcome for the whole of 1990, but added "barring any further sharp economic downturn, I believe that the strength of
        62 words
      • Article
        Philips in joint venture
        72 5 NV PHILIPS Gloeilampenfabrieken will take a 25 per cent stake in a joint venture with Danish audio firm Bang Olufsen A/S which will include all of B O's current activities. The new company, also called Bang Olufsen A/S, will be held 75 per cent by Bang
        72 words
      • Article
        De Beers offshore arm
        68 5 DE BEERS Consolidated Mines Ltd's shares in its new offshore arm, Swiss-based De Beers Centenary AG, will be first traded on June 11. De Beers said in a circular on the rearrangement of its business giving rise to the formation of the new company, first announced
        68 words
      • Article
        French take stake in UK firm
        51 5 BRITISH investment trust Throgmorton Trust pic said Credit Commercial de France (CCF) has conditionally agreed to take a majority holding in its Framlington Holdings Ltd subsidiary. Initially CCF will take a 25 per cent stake in Framlington, a fund management company, for £18.75 million
        51 words
      • Article
        Mercedes truck sales up 20pc
        56 5 MERCEDES-BENZ AG, the automotive unit of DaimlerBenz AG, said its West German truck sales jumped by 20 per cent in volume terms in the first quarter of 1990 on the year-ago period, with heavy truck sales rising by 40 per cent. Truck production rose 5
        56 words
  • Page 5 Advertisements
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      279 5 "The Day I Made $700,000 For The Company And Still Lost Money Over Lunch." „"V :.Ml In today's business world, we know that it takes personal cash flow to tide between reimbursements money to make money. Which is why your can now happily be a thing of the past. m
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        DBS Bank raises housing loan rates
        75 6 DBS BANK has increased its housing loan rates by 0.45 to 0.6 percentage point. With effect from May 1, the bank is quoting 6 per cent for loans up to five years, 6.25 per cent for six to 10 years, and 6.5 per cent
        75 words
      • Article
        BOJ to open US office
        85 6 THE Bank of Japan will open a representative office in Washington. The central bank currently has five overseas offices, in New York, London, Paris, Frankfurt and Hongkong. The bank said the opening of the office was part of a reorganisation plan aimed at better meeting
        85 words
      • Article
        Japan's reserves fall again
        89 6 JAPAN'S foreign exchange reserves hit a 31-month low in April, falling US$472 million to U5573,024 billion for the fourth straight monthly decline, the Japanese Finance Ministry said on Tuesday. The decline apparently reflected US dollar sales by the Bank of Japan to prop up the faltering
        89 words
      • Article
        NZ bank sells Tonga stake
        132 6 BANK of New Zealand Ltd said it has sold its 20 per cent stake in Bank of Tonga to Westpac Banking Corp and Bank of Hawaii International Inc as part of cuts in its South Pacific operations. A BNZ official said that the stake in
        132 words
    • Article, Illustration
      Cash-settled gold futures makes debut on Simex
      304 6  -  By Quak Hiang Whai THE WORLD'S first cashsettled gold futures contract yesterday made its debut on the Singapore International Monetary Exchange (Simex). Senior Simex officials are hoping the new gold contract can attract a daily volume of 700 to 1,000 lots. A turnover
      304 words
    • Article
      Lock icon China's ADB loan chances slim
      127 6 Reuter ANY hopes China had of regaining access to Asian Development Bank loans at this week's 23rd annual meeting of the bank are likely to be dashed, delegates said on Tuesday. The ADB, under the prompting of major Western shareholders, cut off new loans to
      Reuter  -  127 words
    • Article
      Lock icon Japanese non-life insurers plan Asian seminars
      284 6 NYT JAPANESE non-life insurance companies are planning to hold seminars for their Asian counterparts and take other steps aimed at forging tics that they hope will give them a share of the market in such fast-growing economies as Thailand and Taiwan. The Tokyo Marine
      NYT  -  284 words
    • Article
      Lock icon MBF projects M$59m profit
      318 6 Bernama MBF Finance Bhd, after achieving a record group pre-tax profit of M 542.8 million last year, expects it to go up by another 37 per cent this year to M 558.7 million. Managing director Datuk Loy Hean Heong said the bulk of the income would
      Bernama  -  318 words
    • Article
      Lock icon Abu Dhabi takes control of BCCI
      239 6 AFP THE EMIRATE of Abu Dhabi has taken control of the Bank of Credit and Commerce International (BCCI), which earlier this year pleaded guilty to laundering millions of dollars in drug money, the bank said in London on Tuesday. The Abu Dhabi government now
      AFP  -  239 words
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      Page 6 Advertisements Column 1
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      82 words
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      Page 6 Advertisements Column 2
      341 6 Buy any of these. PC 4641 JX-9500 Compact Laser Printer PC-4602 Large Supcrtwist LCD with EL backlighting Emulates HP Laser Jet Senes 11, Large Supeitwist LCD with EL backlighting (640 x 400 pixels) Epson FX-80 IBM Graphics Pnnter, (640 x 400 pixels) 40 MB hard disk/3 5" 720 KB floppy
      341 words
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  • THE REGION
    • Article
      Thais now hesitant about Indochina
      420 7 THAI Prime Minister Chatichai Choonhavan's policy to transform Indochina from a war zone into a trade zone has run out of steam due to political stagnation and confusion over the economic policies of Indochinese countries, The Nation has reported. Nonetheless, the US Chamber of Commerce
      420 words
    • Article
      Thailand a likely NIC by 1997, says report
      323 7 A LEADING economist has said that Thailand will become a full-fledged newly industrialised country (NIC) by 1997, the same year that Hongkong reverts to China, according to a report in Thailand's The Nation. Dr Virabongsa Ramangkura, adviser to former Premier Prem Tinsulanonda
      323 words
    • Article
      Thai authority allays fears of power shortage
      117 7 THE Electricity Generating Authority of Thailand (Egat) has allayed fears of a looming power shortage, saying that the electricity reserves of the country will pick up this month and return to the standard level of 16 per cent by September this year. The
      117 words
    • Article
      Lock icon Japan sounds cautionary note on Indon debt
      237 7 AFP JAPAN feels that a rescheduling of Indonesia's foreign debt, placed at some US$5O billion, would have an automatic afTect on the level of Japanese investment in Indonesia. "We haven't received any request from the Indonesian government for rescheduling, and that's good," Michihiko
      AFP  -  237 words
    • Article, Illustration
      Lock icon A yen for counterfeit money
      45 7 AFP Police Lieutenant Procopio Lipana (left) inspects stacks of uncut counterfeit yen in a suburban Manila police station on May Day, after the arrest of five suspects (background) The counterfeit currency, worth 36 million yen, is in 10,000 denominations. AFP
      AFP  -  45 words
    • NOTE BOOK
      • Article
        Tokyo supermarket's deal
        67 7 A MAJOR Japanese supermarket chain, has signed an agreement with a consortium of department stores in Thailand to develop local products for import to Japan, a Jusco spokesman announced on May I. The agreement was reached between Jusco's subsidiary in Thailand and the Puthorn Department Stores Group
        67 words
      • Article
        Bird's-eye view of Pacific Basin
        126 7 THE manufacturing base for the world economy has been shifting to countries of the Pacific Basin and the trend could continue unless new technologies and industries are developed in the West, British Aerospace chairman Roland Smith said in London. "The reality of business life in
        126 words
      • Article
        PNG rebels agree to talk
        143 7 SECESSIONIST rebels on Bougainville have agreed to leave their island and hold peace talks at a neutral venue, according to the Australian Broadcasting Commission. The ABC reported that Papua New Guinea Prime Minister Rabbie Namaliu said his government had received a letter from rebel leaders
        143 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      154 7 PtJA This classic elegant 90 ft yacht is fully airconditioned with sun deck, lounge, dining room, and five V staterooms. V Also-available FANTASY This exquisite 95 ft yacht fully airconditioned with t2 bars, promenade deck, dance floor, lounges, and all other comforts. Add to the great memories of your life.
      154 words
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      Page 7 Advertisements Column 2
      129 7 Bin Beijing, look no further than No. 1. At No. 1 Jian Guo Men Wai Avenue, Shangri-La's new China World Hotel has risen. In the new China World Trade Center, in prime position at the head of Beijing's central thoroughfare, it offers luxurious accommodation, superb dining and superior service. World-class
      129 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Fed chief sees moderate growth
        86 8 THE EXPANSION of industrial production in the US should remain moderate this year, says US Federal Reserve Board chairman Alan Greenspan. His comments in a speech in New Orleans on Monday were seen as a sign that he is not inclined, at least for now,
        86 words
      • Article
        Slight growth for US industry
        114 8 THE US INDUSTRIAL SECTOR expanded slightly last month for the first time in a year, led by sharp gains in new orders and exports, according to a survey of American purchasing managers released on Tuesday. The National Association of Purchasing Management said its economic index
        114 words
      • Article
        US construction spending falls
        51 8 US CONSTRUCTION SPENDING dropped by 1.4 per cent in March, the sector's first decline of the year, as mortgage rates continued to rise. The US Commerce Department said on Tuesday that residential, non-residential and government construction spending combined for a seasonally adjusted annual rate of U*****.5
        51 words
      • Article
        More Tokyo plants in Europe
        81 8 THE NUMBER of Japanese factories in Europe increased by 28.7 per cent last year, reaching 529 in January compared with 411 a year earlier. According to a study by the Japan External Trade Organisation released on Tuesday, Britain came out on top of the places
        81 words
    • Article
      Lock icon Senate warns Bush on US-Soviet trade pact
      348 8 Agencies THE US SENATE has warned President George Bush not to submit a US-Soviet trade pact for approval unless Moscow lifts its economic embargo against Lithuania and begins talks on the republic's independence. The warning was attached on Tuesday as an amendment to
      Agencies  -  348 words
    • Article
      Lock icon Bush to meet Lithuanian Prime Minister
      198 8 Agencies US PRESIDENT George Bush, who has so far declined to recognise the new government in Lithuania so as not to offend Moscow, is to meet the Baltic republic's Prime Minister in Washington today. White House spokesman Marlin Fitzwater said on Tuesday that Mr
      Agencies  -  198 words
    • Article, Illustration
      The stamp stuck
      35 8 This year marks the 150 th anniversary of the Penny Black (above), the world's first self-adhesive postage stamp. The 11-day Stamp World 1990 exhibition in London, starting today, will commemorate the anniversary.
      35 words
    • Article
      Lock icon Intel chief fears Tokyo dominance by 1992
      257 8 Reuter THE HEAD of US-based Intel Corp, whose popular 386 microprocessor is used in computer systems worldwide, has said that he expects Japan to overtake the US as the dominant world supplier of computers by 1992. Intel chief executive Andrew Grove told a
      Reuter  -  257 words
    • Article
      Lock icon Call for tougher US moves on trade
      169 8 Reuter MEMBERS of the US Congress have urged the Bush administration to take stronger action against foreign governments that discriminate against US firms trying to sell them goods and services. The US Trade Representative's Office has said that the European Community states and
      Reuter  -  169 words
    • Article
      Lock icon House passes Democrats' budget
      187 8 NYT THE US HOUSE has narrowly approved the Democratic majority's US$l.2 trillion budget for 1991, calling for US$24 billion less on the military than President George Bush proposed and US$5.6 billion more on domestic programmes. The budget, adopted on a 218-208 vote with no Republican support
      NYT  -  187 words
    • Article
      Lock icon Industry study warns of massive job cuts in UK
      193 8 AFP BRITISH INDUSTRY is likely to axe thousands of Jobs in a bid to remain competitive in world markets, after years of a steady tall in unemployment, the Confederation of British Industry (CBI) has warned. 14 Many thousands of jobs will
      AFP  -  193 words
    • Article
      Lock icon UN issues historic declaration on development
      351 11 Reuter THE UNITED NATIONS General Assembly has adopted a landmark declaration aimed at boosting the economies of poor countries while acknowledging the importance of human rights and the environment. It was the first time in decades that the 160-member body agreed on principles for
      Reuter  -  351 words
    • Article, Illustration
      Lock icon Marcos received bribes from Tokyo firms, says witness
      250 11 Reuter JAPANESE COMPANIES that won contracts from a Philippines war reparations commission had to pay millions of dollars in kickbacks to former Philippine president Ferdinand Marcos, said a witness at Imelda Marcos' racketeering trial in New York. Andres Genito Jr, who had
      Reuter  -  250 words
    • Article
      Lock icon More Japanese on high income tax list
      187 11 Asahi DESPITE an income-tax cut last year, more Japanese made the list of people whose income tax payments exceeded 10 million yen (U5562,893) for 1989, according to a report released on Tuesday. The top taxpayer for 1989 was Hisao Iwai of Tokyo, who
      Asahi  -  187 words
    • Article, Illustration
      A little communist comedy
      36 11 Slovak actors, wearing caricature masks of former communist leaders, brought a touch of political satire to May Day street celebrations in Bratislava, Czechoslovakia. Their burlesque act was warmly received by smiling spectators.
      36 words
    • Article
      Lock icon Indian signal to Nepal
      133 11 AFP INDIAN Prime Minister V P Singh has said that his country is ready to cooperate with Nepal to resolve all outstanding problems between them. "India is ready to find ways and means to resolve all outstanding issues and restore traditional friendship between the two countries,"
      AFP  -  133 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      193 8 I *'.<M SOLE AGENT SERVICE CENTRE: W* E*L*L*F* 1 \l F. SINGAPORE PTE LTD 435 Orchard Road #12-01 Wisma Atria. Singapore 0923 Tel: *****11 Authorised Dm tort: All Watches Leather Re Ltd Tel *****23 Asia Watch Centre Pte Ltd Tel *****08 C K Tang Lid Tel *****00 Chew Cheong Watch
      193 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      154 9 WHY EUROPE'S LARGEST BANK HAS ITS EYE ON ASIA Credit Agricole has always enjoyed a reputation Today, Credit Agricole is reinforcing its pre- Asia is an increasingly important financial mar for being far-sighted sence in Asia, by upgrading the Singapore office to full ket, and it is only natural that
      154 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      49 10 I ©ur salmon,staffed I I Ijaffens seductiOe creations. 1 I km n@ I m qPff-6 I BAJROIfS SSBM I FOR RESERVATIONS PLEASE CALL 731-7934. H ROY A I CROWNE PLAZA SINGAPORE 25 SCOTTS ROAD. SINGAPORE 0922 TEL 737-7966. TELEX RS *****. HOiJDEX SINSN *****8 CABLE HOIJDAYTNN TELEFAX 737-6646 HOLIDAY
      49 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      58 11 For Sale by Tender (As Instructed by the Mortgagee Bank) Warehousing Land at Sindo Industrial Estate off Upper Thomson Road Freehold Tenure Site Area 4,836.7 sm (52,062 sf) Zoned Warehouse Approved for a 4-storey flatted warehouse Close to Ang Mo Kio Yishun New Towns Closing Date: 11 May 1990, 3.00
      58 words
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      Page 11 Advertisements Column 2
      263 11 The Smaller outside. Until now, computer makers have concen- and vastly more mass storage capacity than trated on improving the features inside PCs, most PCs with the same footprint. .32-bttpowr giving little thought to their exteriors. And as a Even when it comes to price, the SX Lynk .cpuihe«»ota*id«. consequence,
      263 words
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  • Article
    Unwise to partition Cambodia
    485 12 EDITORIAL XHE very idea of a partition of Cambodia, which was recently suggested by the Thai military Supreme Commanderal Sunthom Kongsompong, is not only flawed but lacks credibility and is unlikely to garner support. A division of the war-torn country makes neither political nor economic sense.
    485 words
  • WHAT THE OTHERS SAY
    • Article
      No to partitioning
      249 12 ONCE AGAIN, a high-ranking Thai official has publicly called for the partitioning of Cambodia. Supreme Commander of the Thai military, General Sunthorn Kongsompong, was quoted as saying that Cambodia should be partitioned into east and west in order to end the long-drawn war there. That such an
      249 words
    • Article
      Working at it
      145 12 THOUGH Labour Day has come and gone, work- ers should mull over the messages of Prime Minister Lee Kuan Yew and First Deputy Prime Minister Goh Chok Tong. Both their Labour Day messages emphasise that our workers can raise their productivity level further. The net result: more
      145 words
    • Article
      World beyond EC
      105 12 EC MEMBERS put on quite a show of unity at its recent meeting in Dublin. Though the full impact of its political and economic union can only be ascertained after the fact in 1992, the rest of the world is not sleeping easy even now. For EC
      105 words
  • REGIONAL VIEWPOINTS
    • Article
      A question of maturity
      182 12 THE INNATE conservatism of Hongkong society was demonstrated once again when Legislative Councillors rejected government proposal to lower the age of majority from 21 to 18. Their unwillingness to allow young people a full part in life in the territory is contrary to the spirit that
      182 words
    • Article
      Food for thought
      130 12 THE NATIONAL Agricultural Policy (NAP), in setting guidelines for development of the sector till the end of the century, has drawn up programmes for food production in respect of rice, meat and dairy, poultry, fish, vegetables and fruits. And in this, national food security is a policy
      130 words
    • Article
      Timely boost
      181 12 THE LINKS between the Standards and Industrial Research Institute of Malaysia (Sirim) and the manufacturing sector in the country have been given a timely boost with the inauguration of the Industrial Technical Assistance Fund (ITAF). Under the ITAF, the government has extended an initial Msso million grant to
      181 words
  • Article, Illustration
    Lock icon Peace in Europe
    804 12  -  Dominique Moisi outlines the framework within which the Europe of tomorrow will find security Dominique Moisi The writer is an associate director of the Institut Francois des Relations Internationales IHT THE 20th CENTURY has turned out to be the shortest century of all. It started in 1914
    IHT  -  804 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      124 12 (seasonal lows predicted) (li'il'f has decided to help motorists weather the storm of high costs of driving a car, with a special low-rate season. Starting now you can rent a well-maintained car, any make, economy to luxury, self-drive or chauffeured, at a lower rate than usual. You'll find that our
      124 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      The rise and fall (and rise) of the ringgit
      969 13  -  P S Nair, writing for BT from Kuala Lumpur, predicts the next course the Malaysian currency will take P S Nair ROBUST GROWTH and generally strong fundamentals posted by the Malaysian economy have left analysts nonplussed over the direction of the
      969 words
    • Article, Illustration
      More than just a flash in the pan?
      1167 13  -  Is Malaysia's economy set to soar? Economics Correspondent Kenneth James finds out Kenneth James SOMETHING funny happened to Malaysia's economic growth on the way to 1990: Like a bird flying for the first time, it refused to come down. And the head
      1,167 words
    • Article, Illustration
      The think tank that's really a crystal bail
      523 13 MEET Datuk Dr Kamal Salih, the man and his models. These models don't parade down the catwalk, but their figures are certainly avidly followed, and by corporate and public sector bigwigs at that. The name of the game not fashion, but trends.
      523 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      132 13 THE BUSINESS EXCHANGE OFFERS FOR SALE AN ESTABLISHED U.K. JEWELLERY MANUFACTURER We arc pleased to ofTer for sale the business and assets of this profitable manufacturer of gold and silver earrings based on stampings. Turnover in excess of £1 m. Assets of around £2m. Based south-eastern home counties. Well-known trade
      132 words
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  • FOCUS
    • Article, Illustration
      Battle of the burgers getting hot
      470 14  -  ADVERTISING MARKETING By Sangeeta Mulchand HAMBURGER giants McDonald's and Burger King are brandishing new weapons in the latest round of the battle of the burgers. In a move arguably inspired by the Coke-Pepsi war, the two burger chains have employed local personalities Dick Lee
      470 words
    • Article
      Panache has designs on local advertising scene
      334 14  -  By Teh Hooi Ling BOOMING DEMAND for better presentations in company annual reports, brochures and even stationary has resuscitated a local "design house" which has been hibernating for the past six years. Panache Advertising and Design Consultants was first set up in 1984
      334 words
    • Article
      NTUC Pasir Ris Resort sets out to woo holiday-makers
      310 14 CASHING IN on the "no time" syndrome in Singapore, the NTUC Pasir Ris Resort is spending about $200,000 to tout itself as the ideal place for "getting away without going away". For the first 18 months of its existence, the novelty
      310 words
    • Article
      Lock icon Anti-smoking campaign plans to fight fire with fire
      599 14 NYT IN PAUL KEYE's view, the most effective way to combat smoking, especially among teenagers and the underprivileged, is to undermine the advertising that portrays cigarettes as glamorous or "cool". "People are smoking the advertising," said Mr Keye, the chairman of Keye/Donna/Pearlstein,
      NYT  -  599 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      36 14 I ALIC S IN| SPRING/SUMMER '90 BOUTIQUES: SINGAPORE: Shaw Centre #01-028 Tangs Level 1. KUALA LUMPUR: Kuala Lumpur Hilton Main Lobby Arcade. Shangri-La Hotel Shopping Arcade. JAKARTA: IL Primo Plaza Indonesia Ratu Plaza Duta Merlin Melawai.
      36 words
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  • SPORTS
    • Article, Illustration
      Jones concocts fancy brew to beat Kratzmann
      652 15  -  By A Surendren THINGS could rarely be as great again for defending champion Kelly Jones in the Epson Singapore Super Tennis tournament at Kallang yesterday. He gave yet another magical performance in his victory over second seed Mark Kratzmann in the second round.
      652 words
    • SIDE LINES
      • Article
        Elkington disqualifies himself from prize
        68 15 STEVE ELKINGTON of Australia disqualified himself from a 21st-place finish last weekend in the USF-and-G Classic and forfeited the US$lO,OOO prize. Elkington told Professional Golf Association Tour officials on Tuesday that he was unaware, until he saw a Dallas newspaper late on Monday, that he
        68 words
      • Article
        Graf breezes through
        64 15 TOP-RANKED Steffi Graf, playing in only her second tournament since breaking her right thumb three months ago, needed just 47 minutes to beat Laura Lapi of Italy 6-1, 6-2 on Tuesday in the second round of the Citizen Cup women's tennis tournament in Hamburg. In other second-round
        64 words
      • Article
        Phillies beat Reds
        83 15 VON HAYES and John Kruk broke a 2-2 tie with seventh-in-ning homers and Carmelo Martinez had two run-scoring singles as the Philadelphia Phillies beat the Cincinnati Reds 4-2 on Tuesday. Bruce Ruffin (2-2) allowed seven hits over 6 1-3 innings to give the Phillies a split of
        83 words
      • Article
        First pro win for Pedersen
        53 15 ATLE PEDERSEN of Norway rode to his first professional triumph on Tuesday, winning the eighth leg of the 45th Tour of Spain cycling race in Merida. Spain's Julian Gorospe held on to the overall lead. Pedersen took 4 hours, 59 minutes, 6 seconds to pedal
        53 words
    • Article
      Lock icon Thomas leads Pistons to victory
      154 15 AP ISIAH THOMAS scored 23 points and Bill Laimbeer had 12 points and 19 rebounds on Tuesday, leading the defending champion Detroit Pistons to a 108-96 win over the Indiana Pacers for a three-game sweep in the first round of the National Basketball Association playoffs.
      AP  -  154 words
    • Article
      Lock icon Chang, Noah suffer surprise defeats in Munich
      328 15 AP THIRD SEED Michael Chang and former French Open champion Yannick Noah were among the notable casualties on Tuesday in the US$l million BMW German Open in Munich. Seventh-seeded Guillermo Perez-Roldan of Argentina also lost, while top-seeded Stefan Edberg of Sweden routed South
      AP  -  328 words
    • Article
      Lock icon Struggling LeMond back on the roads
      342 15 AP GREG LeMOND has spent the year battling fat, a virus and sore feet. Today, the most famous cyclist in the US takes on 132 other men on bikes and the 1,781 kms of the Tour de Trump. The race will be LeMond's first
      AP  -  342 words
    • Article
      Lock icon Thirty Six Red's a hot number for Kentucky
      408 15 AP THIRTY SIX RED. That's the highest number on a roulette wheel, but trainer Nick Zito is playing no game of chance in Kentucky. Thirty Six Red is also the name of the horse that, according to Zito, will win the Kentucky
      AP  -  408 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      593 15 I Keppcl Corporqtiow limited IB (Incorporated in the Republic of Singapore) I Notice of Annual General Meeting I NOTICE IS HEREBY GIVEN that the 22nd Annual General I Meeting of the Company will be held at the Company's Registered B I Office, Keppel Corporation Limited, Board Room, 325 Telok B
      593 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      288 16 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. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. *****100r338 8585ext *****/6. RUM GRILL THtWtSTINPI»Z« WESTIN
      288 words
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      Page 16 Advertisements Column 2
      377 16 Smoking hot curry claypots spice up the poolside menu Treasured recipes from our Singapore chefs are used to highlight the poolside menu. Spicy and mouthwatering curries are offered daily by the poolside on the fifth floor of Regency Terrace from 11.00 am till 9.45 pm. All claypots are served with
      377 words
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      Page 16 Advertisements Column 3
      223 16 DOWn v Me moKY n u listen to the great hits of yesteryear Guess the name of the artiste/title of the song. And win for yourself fabulous prizes. Every Thursday at 10 p.m. /"~cn Plaza Hotel \Hlff 1 fimmcoioiitmumvumci IV ark Knari Smmmrr ***** M ffIHUH I I A Together,
      223 words
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      Page 16 Advertisements Column 4
      337 16 (Italian V (f At noon, Italian gourmet cuisine takes C centrestage. Salmone 'Bella Vista' and 60 other authentic favourites. All skilfully prepared and f f dressed to perfection. 3(f For lunch today, break for an Italian interlude. f (f Italian Buffet Lunch 5 May 1 31, Noon 2.30pm r t
      337 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      582 16 TELEVISION AND RADIO 1 ~W 'II i[i J 12-20 Cl—. 5.30 Law Tag Academy. BUSflffSf? H* Second Love ,T r liSEsrr sK^sr" IHwvTTVTTfWmHI Weapon of Choice (See Our st episode). 145 MUmh Pro gr amm a. 5.30pm, 3.25 am: Financial News ;MH [I] Choice). 7.00 Cable Newt Htltmmk. 4.15pm, 10.45pm:
      582 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Was Caligula only obnoxious?
      786 17  -  Eric Pace reports on a new book which has fanned a long-standing debate over whether the Roman emperor was mad, bad or ill Eric Pace NYT IN THE popular imagination, Caligula is the Roman emperor people love to hate. In works as ancient as the biography
      NYT  -  786 words
    • Article
      Lock icon More elderly Japanese committing suicide
      396 17 Asahi THE NUMBER of suicides among Japanese aged 65 or older increased in 1989 over the previous year, while the figure dropped in all other age brackets, according to a survey by the National Police Agency. However, sociology specialists say the implications of the figures
      Asahi  -  396 words
    • Article
      Singer Sergio Franchi dies of cancer
      523 17 SINGER-SONGWRITER Sergio Fraachi died on Tuesday at his Connecticut estate after a prolonged battle with cancer. Although the Italian native never publicly revealed his age, records showed that he was 57. Franchi, a once-frequent guest of The Ed Sullivan Show, performed at concerts around
      523 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      171 17 AND ENTERTAIN Mum's The Word 712 1222 EXT IMI. .k PRICES A*E SUBJECT TO 10% SEJMCE CHAKE AND Get the family together and treat Mum to any of our specials on Mother's Day this May 13th-brunch, lunch or candlelight dinner. A®. Cenlury Park Sheraton Singapore 16 NASSIM HILL, SINGAPORE 1025.
      171 words
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      Page 17 Advertisements Column 2
      124 17 FIRST /(fn OF ITS KIND INSING^RJRE 5-COURSE SET MENU FOR FREE FOOD VOUCHER LUNCH DINNER With every $50.00 you spent on dinner, Soup of the Day Toasted Garlic Bread Selection y°U food voucher worth $10.00 of Main Course Dessert Coffee AT ea Fruit Juice Limited period only. Selection of Main
      124 words
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      Page 17 Advertisements Column 3
      280 17 I TIEN COURT* I H SICHUAN CUISINE a* H I For a Wealth of Exotic I I Sichuan Delights! I Whether it's our mouth-watering steamboat prepared B from the freshest ingredients in a rich, savoury stock or the splclect, tangiest Sichuan (fishes expertly prepared H by our experienced chefs, Tien
      280 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market ignores overseas leads to close mixed
      4473 18  -  By William Chia DESPITE firmer performances on Wall Street and the Tokyo bourse, share prices on the Singapore stock exchange ended mixed in thin and lethargic trading yesterday. Some bargain-hunting towards the close pared early losses but brokers said most institutional investors were
      4,473 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3896 19 Main Board DBS 1260 30 2.4% OUE 875 +25 +2.9% Spore Land 1480 20 +1.4% Singatron 20* 125 20 +19.0% Hong Fok 316 +16 +5.3% Weames 645 +15 +2.4% FELS 50» 620 +10 +1.6% Singmanne 50* 416 +10 +2.5% UE 210 +7 +3.4% OUB 448
    3,896 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      272 20 r D a ta Year Group Net Not Minings Gross ami to profit/loss (L) p«r sluro dividond COOO) (cents) Keooel Fni Apr 30 Oec 89 $5.169($96) 8(-) S Steam land Apr 28 Dec 89 $19,375($16,694) 6 2(5.3) 10(4TE) iMKahNuin Apr 28 Dec 89 $5,092($881) 5.1(1) 4(2.5) C Prooerties
      272 words
    • Article
      DIVIDENDS ANNOUNCED
      1372 20 Current Ex Books Date Total for Total tor payment dato dose payable the year last year A«m> 15%TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 90 9%(n) Apr 6 Apr 19 May 3 122 7%<i«) 72% Boustead 5% (I) Apr 18 May 4 km 7 5%
      1,372 words
    • Article
      PROPOSED ISSUES
      332 20 Company Rights Issue Cauuwty few Capital reduction scheme to reduce par value of shares from {100 to S0 G0; Rights issue of 3:2 fe SO 60 per share FACT One-tor-one MSO 50 per share Fiber Merfc One-lor-one MSO 25 per share. fofeowed by a share swap of five
      332 words
    • Article
      PRELIMINARY RESULTS
      119 20 CtauH Date Yur (rwp pcs-tsx M#t unlip Of#M IM to profit/IMS <L) P" <M*«d (•000) (costs) Jacks tot Apr 30 Jan 90 J1.096(J2.724) -<-) Mt Pleasure Apr 30 Jan 90 MJ6.572KW6.736) Ganda Hokkngs Apr 30 Sep 89 MJ161.368(MJ169,728) Perks Plant Apr 24 Dec 89 MJ156.667 (MJ169.564) 34(44) 16(22)
      119 words
    • Article
      RESULTS DUE
      580 20 Singapore Stocks Full Voar Cot*** Penod Date Tear Net EPS Gnu M mouiced nh| (cartO #> m r<« (roco) BMT Intenm ton 27 Jun 90 169 6 100 0 S16 beta* Fral Feb 28 No* 89 391 10.0 U.72> Uvea Wo Final Mar 27 Dec 89 3.471L Laonc
      580 words
    • Article
      INTERIM RESULTS
      82 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (•000) SPH Apr 27 Feb 90 $«4.977($60.194) 8(8) Cerebos Apr 27 lan 90 $33,904(130.676) KST Apr 20 Feb 90 M$37,114(M$13.674) 10(6.5) Times Pub Apr 20 Feb 90 $18,904($15.694 4(4) Msian Oxy Apr 12 Mar 90 MJ19.612(MJ13,783) TV3
      82 words
    • Article
      BONDS, LOANS & WARRANTS
      643 20 BONDS, LOANS WARRANTS fiitiMTTT CwwntM pm\n4 Cmmnlm turn Im mm iriwim tkm CjBMWT 1MB CauMway Nl 2/10/89 to 20/10/94 1 war ant plus $1 cash or 1 warrant phis (1 nominal amount of bar stock. Chan 1*9 Nates dm Nl March 87 to 31/12/91 155 warrants plus $1.55 cash dm
      643 words
    • Article
      CORPORATE DEVELOPMENTS
      141 20 May 1 Steamers Maritime Hoidfcgs is buying stakes in Folec Communications Pte Ltd and Kapal Management (Pte) Ltd in an effort to build its image as a total transportation group. April 30 Bvjaya Corp (M) Bhd has terminated its agreement to buy shares in Consumers Distributing Co Ltd,
      141 words
    • Article
      APPROVED ISSUES
      343 20 Company Rights Issue taafe One tor one SI 85 per share Eidate Apr 23 Books Close May 7 Acceptance Payment NYA MM One-tor tour MJ2 40 per share Ex-date Mar 8 Books dose Mar 22 Acceptance i Payment May 10 lien Hoe Caprtal Restructuring Scheme (CSS) m*ol*ing the
      343 words
    • Article
      COMPANY MEETINGS
      185 20 Cyde I Carriafe Bhd: EGM at Kuala Lumpur Hrtton, ialan Sultan Ismail, ***** Kuala Lumpur on Thursday, May 3, at 11.30 am. Inch Kenneth Kajar* Rubber Pubic limited Company: 80th AGM at sth Floor, Straits Trading Building, 4 Leboh Pasar Besar, ***** Kuala Lumpur, Malaysia on Friday, May
      185 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      36 20 ANNOUNCEMENT SINGAPORE BUSINESS Buy a copy of Business Times on 3 May and get a copy of Singapore Business FREE. Mmffa r l-grggfTp, wHPw gmiiiglt m T For Enquiries, Please Call Tel: 255 0011 Circulation Dept)
      36 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end weaker on stop-loss selling
      3610 21 Bernama Reuter, MBT SHARE PRICES on the Kuala Lumpur stock market finished weaker yesterday after a day of stop-loss trading although some counters finished off their lows on some late bargain-hunting. The KLSE Composite Index fell to 518.53, down 2.04 points from Monday's close
      Bernama; Reuter,; MBT  -  3,610 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      361 21 17 &18 May 1990 Omni Marco Polo Hotel A top-level IV2 day industry event addressing critical issues and developments in the marketing of products and services. A conference of immediate relevance for all in Comprehensive range of discussion topics: the booming hotel, travel and tourism sectors. MAXIMISING IMPACT fOR AN
      361 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Bargain hunters nudge market higher
      2530 22 Reuter HONGKONG'S Hang Seng Index ended firmer yesterday, but off the day's highs, as bargain hunters returned to the market, brokers said. "The market was a bit oversold on Tuesday, so there was a technical rebound yesterday," Mark Lawrence, a director at Baring Securities said.
      Reuter  -  2,530 words
  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei index breaks 30,000-point barrier
      2281 22 Reuter TOKYO stocks ended higher yesterday, with the benchmark index closing above 30,000 for the first time since April 20. On the last day of trading before a four-day weekend, brokers cited an increasingly stable yen and growing over-all market confidence as having sparked the
      Reuter  -  2,281 words
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  • REGIONAL STOCK MARKETS
    • Steady buying lifts Australian prices
      • Article
        Untitled
        84 23 C lose Pre*io«s May 2 May I SYDNEY All Ordinaries Index 1462.9 1440.6 +22 All Industrials Index 2268.9 2235.6 +^.3 All Resources Index 846.7 833.0 +117 Turnover (million) 79.04 78.96 +0.08 BANGKOK SET Index 851.34 855.97 -4.63 Turnover (nearest '000) 15,724 15,482 +242 JAKARTA Composite Index Closed Turnover (nearest '000)
        84 words
      • Article
        AUSTRALIA
        1144 23 AUSTRALIA'S sharemarket closed sharply higher yesterday as steady buying from offshore investors and local bargain hunters followed a rebound by world markets overnight, brokers said. The all ordinaries index soared 22.3 points, or 1.5 per cent, to end at 1462.9 with virtually all sectors gaining. The media and banking
        1,144 words
      • Article
        BANGKOK
        671 23 THAI STOCKS fell in thin trading yesterday as profit-taking moved through large and small counters. Brokers said the SET Index lost 4.63 points to close at 851.34. Siam City Cement dropped eight to 231 and Siam Cement after early strong trading, eased 100 to 6,006. Padaeng Industry fell 16
        671 words
      • Article
        TAIPEI
        381 23 A LAST minute buy-in by shaken brokerage houses pulled Taiwan's plunging stock index off its lows at the finish, dealers said yesterday. The weighted index, which was down by more than 450 points fifteen minutes before the close, ended down 160.39 points, or 1.8 per cent, at 8,574.54. Turnover
        381 words
      • Article
        Untitled
        1014 23 Jakarta Rupiah VdCOO) Aqua Golden M ***** unch As. Bintang Ind. 6250 unch As. Daytn Mitra 6900 unch Bank Bali ***** unch Bank Danamon ***** 50 10 BankNiaga ***** +100 10 Champion 8900 unch Indo Citra F. 8425 unch Indocement ***** unch Inter Delta 8000 unch Rig Tenders 2950 unch
        1,014 words
      • Article
        MANILA
        574 23 SELECTED Philippine stocks climbed on a fresh round of buying yesterday triggered by some corporate news, but brokers were cool to the first market rebound in two weeks as they saw interest wane towards the close of trade. "It's disappointing because the mar- ket closed on the (day's) downtrend,"
        574 words
      • Article
        NEW ZEALAND
        336 23 NEW ZEALAND shares brushed aside news of TV3 Network's receivership to end higher on heavy turnover yesterday, following on from higher prices in Australia. Brokers said rumour of an impending corporate collapse sparked volatility and high volumes in the morning session. The receivership announcement was made at the
        336 words
      • Article
        BOMBAY
        59 23 SHARE prices fell yesterday after a bullish start and finished lower in volatile trading, brokers said. The Bombay Stock Exchange index fell 8.92 points to 786.21, after touching 800.01 in early trade. The national index lost 1.46 to 420.65, sharply down from an opening high of 426.09. The Jakarta
        59 words
      • Article
        Untitled
        329 23 In local cwreacy In SS In LSS day year day year day year May j Index chaagt ctuuy chaagt ch—gt cbaage ch«ge World 403.8 0.4 -13.1 0.2 -17.0 0.2 -15.9 iEAFE 568 4 0.5 -16.5 0.5 -21.4 0.6 -20.3 Europe 423.2 0.5 -6.1 0.4 -5.5 0.5 -4.3 Pacific 978.5 0.4
        329 words
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  • WORLD STOCK MARKETS
    • Interest rate concerns check US gains
      • Article
        Untitled
        631 24 Other markets in Europe, South Africa and Canada Johannesburg Apr 30 Rand industrials A Alpha 2400 20 A EC I >600 unch Abercom 80 unch Amaprop 760 unch AMIC 8725 +25 Bartows 4015 +25 Basil Strk 25 unch ||Ay Blyvoor 1225B CG Smith 850 -7750 Cnagalo 1275 unch Curfin 305
        631 words
      • Article, Illustration
        NEW YORK
        1467 24 BUYING in several prominent names provided Wall Street stocks with the impetus to push higher on Tuesday, but the gains were again marred .by narrow breadth and held back by interest rate concerns. Bond prices weakened on an unexpected rise in the April purchasing managers' index. The Dow
        1,467 words
      • Article, Illustration
        LONDON
        797 24 LONDON share prices finished mostly higher in London on Tuesday, carried along on a technical recovery that began at the start of the week. The Financial Times-Stock Exchange 100-share index finished up 14.5 points, or 0.7 per cent, at 2,117.9. This was about midway between its high of 2,126.0
        797 words
      • Article
        MILAN
        200 24 ITALIAN stocks closed stable yesterday near Monday's levels in low volume, with operators showing caution ahead of next Sunday's local elections, brokers said. The MIB index, unvaried at midmorning, edge up one point or 0.10 per cent at the close to 1,006. Blue chips ended mixed. Agnelli family holding
        200 words
      • Article
        ZURICH
        166 24 SWISS shares opened slightly higher yesterday in moderately active trading after Tuesday's May 1 holiday as sentiment improved on Wall Street's over- night gain and Tokyo's upturn, dealers said. The SMI index of leading shares rose around ten points to 1,571.5 after about 25 minutes of trading. In foods
        166 words
      • Article
        AMSTERDAM
        260 24 STOCK of truck maker Daf recovered slightly after a sharp plunge at the opening in Amsterdam triggered by news the company expects a first-half loss, dealers said. Daf stock was most actively traded in the morning, falling 6.10 guilders to a low 26.20 guilders before recovering to 28.10 at
        260 words
      • Article
        FRANKFURT
        362 24 GERMAN share prices closed higher in thin trade yesterday as foreign investors placed orders for a broad range of stocks after a three-week period of generally declining prices. The 30-share DAX index finished at yesterday's high of 1,843.41, up 30.16 points from Monday's close. The index had dropped 12.27
        362 words
      • Article
        Untitled
        80 24 May I Clow Pmfa« NEW YORK Dow Jones 2668.92 2656.75 +12.17 NYSE Financial 135.31 134.91 +0.40 SAP 500 332.25 330.80 +1.45 Turnover (million) 149.0 123.0 26.0 LONPON Financial Times 30 1663.5 1653.6 +9.9 FTSE 100 2117.9 2103.4 +14.5 Turnover (million) 370.8 326.3 +44.5 AMSTERDAM CBS General NA Closed —mis Slock
        80 words
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Page thumbnail Page 25
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sterling's rise against US$ and mark surprises dealers
      1203 25 REPORTS THE US dollar was looking fairly steady against a mildly weaker mark in Europe yesterday, but it lacked conviction to move strongly in one direction or another. However, dealers were nonplussed to explain why sterling had firmed both against the mark
      1,203 words
    • Article
      INTERBANK FOREX RATES
      392 25 Cross rates May 2 US$ SS MS Dm Yen SFr AJ NZS USS 1.8740 2.7150 1.6825 158.45 0.60% 1.4565 1.3351 1.7544 SS 0.5336 1.4488 0.8978 0.8455 0.3253 0.7772 0.7124 0.9362 MS 0.3683 69.02 0.6197 0.5836 0.2245 0.5365 0.4918 0.6462 Dm 0.5944 1.1138 1.6137 94.18 0.3623 0.8657 0.7935
      392 words
    • Article
      MONEY MARKET
      566 25 Interbank rates SS Bid Offer Overnight 6 3/16 6 S/I6 1-month 6 1/2 6 5/8 2-month 6 5/8 6 3/4 3-month 6 11/16 6 13/16 Oetnigfrt mode: 6-1/8 L'SS Bid Offer 7 days 8 5/16 8 7/16 1 month 8 7/16 8 9/16 2 months 8 9/16 8
      566 words
    • Article
      Lock icon Taiwan expands call loan market
      277 25 Reuter TAIWAN's central bank has expanded the Taipei call loan market by adding US$l billion and, for the first time, providing 500 million German marks starting May 1. The bank said in a statement that its lending facility of US$4 billion had been exhausted due
      Reuter  -  277 words
    • Article
      Cambodia devalues currency
      110 25 THE Cambodian government has devalued its currency 65 per cent from 218 to 360 riels for one US dollar. The official Phnom Penh news agency SPK said the official exchange rate was now S9O riels to the British pound, 62.61 to the French franc, 236.84 to the
      110 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1403 25 SIMEX OmOOOLLM Open High Low Sett Est Voi Op/Int Vol Jun 90 91.10 9 U2 9U0 91.10 2874 ***** 2103 Sep 90 90.81 90.82 90.80 90.81 2586 ***** 1407 Dec 90 90.62 90.62 90.60 90.61 454 2661 86 Mar 91 90.53 90.53 90.50 90.51 168 705
      1,403 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      39 25 In the monthly quotation of Singapore government stocks, published in BT yesterday, the price and yield of N*****0Z were wrongly given by MAS as $§9.15 and 5.48 per cent respectively. They should have been $99.95 and 5.26 per cent.
      39 words
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  • COMMODITIES
    • Article
      Lock icon Opec president urges cut of 1.5m barrels a day
      360 26 AP OPEC needs to cut its surplus output by as much as 1.5 million barrels a day to achieve a recovery in oil prices, Opec's president said on Tuesday as oil ministers arrived for an emergency session. The extraordinary meeting, which
      AP  -  360 words
    • Article
      Lock icon UK objects to US ruling on crude oil
      231 26 NYT THE BRITISH Trade and Industry Department (DTI) has called for an urgent meeting with the US Commodity Futures Trading Commission to resolve a crisis in the forward market for North Sea Brent crude oil. The DTI took strong exception to a
      NYT  -  231 words
    • Article
      Lock icon Japan's rubber margins up
      106 26 Reuter THE Tokyo Commodity Exchange for Industry (Tocom) has raised margin requirements for its spot May and nearby June contracts, effective immediately, to reduce speculative open interest, a Tocom spokesman said. For spot May, requirements for positions opened after May 1 rise by 3,000 yen per
      Reuter  -  106 words
    • Article
      Hongkong gold market stays very quiet
      851 26 REPORTS HONGKONG: Gold closed off the day's high, but firmer than Tuesday's New York finish in subdued Hongkong trade, dealers said. "The market stayed very quiet," a trader with a UK. house said. "I think it will test out lower levels (overseas), first at
      851 words
  • Article
    PRICES
    1350 26 Rubber May 2 MS (I* litem) Sccnts/ki Noon Cloae Int I RSSPrompt I58 2VI5925N I58 50/I59 50N Int 1 RSS May 90 Int I RSS June I60.2VI60.75 160.50/161.00 Int 2 RSS OP 152.50/154.50N 152.50/154.50N Int J RSS OP 147.00/149.00N I47.00/I4900N Int 4 RSS OP 143.00/145.00N I4300/I4500N Int 5 RSS
    1,350 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      327 26 NOTICE IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF SOUTHEAST ASIA ENTERPRISES (PRIVATE) LIMITED (Incorporated In llw Republic ol Singapore) (In Liquidation) (M«mbr» Voluntary WlfKflng-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101-A Upper Cross Street #11-14
      327 words
    • Advertisement
      Page 26 Advertisements Column 2
      62 26 Banking, Finance Insurance Supplement 1990 Businessfimes ©The best from Penguin Reference o DICTIONARY OF TRWBLESOME WORDS boldly to to boldly go to go boldly This dictionary provides a straightforward guide to the pitfalls and hotly disputed issues in standard written English. A must for everyone involved with the written word,
      62 words
    • Advertisement
      Page 26 Advertisements Column 3
      15 26 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1006 27 CNy Flight ETA Flight ETD aty Flight ETA nv* ETD Aha Dhabi GA887 GA975 KL839 1225 1300 1415 KL840 GA894 2115 2350 SQ107 SQ109 MH642 SQlll MH609 MH611 1305 1405 1500 1705 1720 1805 MH641 SQUO MH631 MH643 SQ114 MH612 1315 1445 1620 1715 1745 1800
      1,006 words
    • Article, Illustration
      Pop-star stores raise hackles
      581 27 LETTER EROM KYOTO A CONTROVERSY over the growing number of specialty shops and restaurants owned by popular entertainers has divided this ancient city between people who say the stores attract young tourists and those who say it cheapens the flavour of the one-time Japanese capital. Comedians,
      581 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4030 1.4230 Canadian dollar 1.5900 1.6100 NZ dollar 1.0560 1.1060 Sterling pound 3.0600 3.0800 US dollar 1.8700 1 8800 Local dollars to 100 units of foreign cwreacy Austrian schilling 15.40
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      136 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Apr 27- International West Dusseldorfer (49)211/4560- Centre Trade Fain Ltd May 10 Fair Printing Germany Messegesdlsch- 01 May 13-18 The Options Insead's The Options 312-322-2574 and Paper aft mbH Nowea "90 Workshop Campus Workshop Apr 28 Spring
      136 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      61 27 X The buiinew penon's chotct every Tueviav, II m I M %IV I Thunday, Saturday and Sunday. Leaving Changi I I II 1I I Airport a» 21:55 noun and arriving at Logan I Jl J I I\| International Airport the following day. Call your tnrvti agent or Air CmumU st
      61 words
    • Advertisement
      Page 27 Advertisements Column 2
      558 27 STEAMERS MARITIME HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Straits Room, 10 Collyer Quay #29-00, Ocean Building, Singapore 0104 on Wednesday, May 16, 1990 at 2.00 p.m.
      558 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      190 27 1 Elite appearance after mid- I I 1 1 1 L—L—l—_L— 4 Noise Dad made from impaired mouth-organ? (8) 10 not affecting this sleeper? 12 Ex-patriot Athenian's letter (4) j Plant numbers, say, to as--17 Pitiful fashion a sense (5-7) show delirium swimming-bath (4) quired (4-4) 29 Unassuming fashions sort
      190 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      210 27 Singapore Outlook: Showers over many areas in the morning. Report: Max temp. 29.4* C Assoc humidity 77% Min temp. 23.8* C Assoc humidity 97% Hrs of sunshine 0.55 Rainfall in mm 13.9 Rainfall this mth 13.9 Rainy days this mth 13.9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/13 Showers Bangkok
      210 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      31 27 corApL€neQ |lhWfc*niy| 11 bct Vrpr n nKJ /\i-*.p g QueSHOMNAIRE ks, CHOCTeD.... f RC LOOKMG miSS C>iFT Tb V 7V *o^. scoßeD uowoj *\i v C EVE NINO 3TANOARO CO. LTD,
      31 words
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  • Article
    Lock icon Seoul government facing major economic crisis
    423 28 AFP THE SOUTH KOREAN government is facing a major crisis as the country's stock market verges on collapse, the economy stagnates and labour unrest hits major industries, say analysts. Senior officials of President Roh Tae-Woo's government and his ruling party met on May Day
    AFP  -  423 words
  • Article
    Lock icon China's economy in downward spiral, says minister
    195 28 AFP THE CHINESE ECONOMY "is in a downward spiral", with thousands of enterprises operating part-time and workers getting reduced wages, says Chinese Finance Minister Wang Bingqian. "It is true that at the moment thousands of enterprises are operating part-time, hundreds of thousands of
    AFP  -  195 words
  • Article
    Lock icon Darman hits out at pro-environment sentiment in US
    204 28 NYT US BUDGET DIRECTOR Richard Darman has said that the US should not abandon its market economy and economic growth to clean up the environment. "Americans did not fight and win the wars of the 20th century to make the world safe
    NYT  -  204 words
  • Article
    PM advises West not to ignore Asia-Pacific
    292 28 THE ASIA-PACIFIC region over the next 10 years will be mainly linked to Japan and the US if Western European countries become too involved with 1992 and Eastern Europe, said Prime Minister Lee Kuan Yew in an interview with a British newspaper. Speaking
    292 words
  • Article, Illustration
    And I was about to say even more 'nice words'
    610 28  -  The Bottom Line NOORDIN SOPIEE NOORDIN SOPIEE The writer is director-general of the Institute of Strategic and International Studies (ISIS) of Malaysia. The views expressed are entirely his own. EXACTLY four weeks ago, in my first "Bottom Line", I argued
    610 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      83 28 SACChU) (mi mm I cat Inr Collection (3ERRUTIIBBIITUJW39 MEN'S BOUTIQUES 23UQITU08 BVIHM #01-15 The Paragon, Orchard Road Tel: 235 %55 #02-54/60 W.sma Atria, Orchard Road Tel: 734 9)60 #01-45 Forum Galleria, Orchard Road Tel: 7)3 1882 LADIES' BOUTIQUE HUpITUOfI 83ICIAJ #02-61 Wisma Atria, Orchard Road Tel: 7)3 1886 Cerruti 1881
      83 words
    • Advertisement
      Page 28 Advertisements Column 2
      269 28 sAcchiJ (n ilmm- l.callu r Dilution it //*1 matters how you jML. f get there... Aj The Bth S.E. Asian International Building Exposition I Jjir^S 16,-19 May 1990. Halls 4& 5. World Trade Centre, Singapore Just be there! Close to US$l55 biUion technology to help you keep your r^EPLYCOUPON* will
      269 words
Page thumbnail Page 29
  • Shipping Times
    • Article, Illustration
      Good prospects for Singapore's bunker broking industry
      408 29  -  By Rahita Elias PROSPECTS for Singapore's bunker broking industry look good for the next few years, with much room for expansion. Mr Kevin Bryant, senior bunker broker at Trans-Tec, told Shipping Times:. "In the next few years, growth of the industry should be
      408 words
    • Article, Illustration
      More shippers favour Ipoh's terminal after just five months of operations
      332 29  -  By Fauziah Haji Ismall THE Ipoh Cargo Terminal (ICT) handled 1,063 laden and 99 empty TEUs (20-ft equivalent units) for export in the first five months of operations beginning last November. The first inland port in the country, which
      332 words
    • Article
      Lock icon Evergreen's Eva Airways to set up offices in Vietnam
      253 29 AFP EVA AIRWAYS Corp, a wholly-owned subsidiary of the Taipei-based Evergreen Group, is to establish offices in Hanoi and Ho Chi Minh City to pave the way for opening air routes between the island and Vietnam, Eva's general manager Hsu Jui-yuan
      AFP  -  253 words
    • Article
      Czechoslovakia and Hungary make coach offer to Manila
      300 29  -  From Al O Labita IN MANILA CZECHOSLOVAKIA and Hungary are offering to supply the Philippines with coaches for its proposed 9.5 billion peso Light Rail Transit (LRT) expansion project in Metro Manila. The offer came after the Marubeni-Leighton-Tractebel consortium, a Japanese-Brit-ish combine,
      300 words
    • Article
      Lock icon US airline industry to pay more for tips on terrorists
      226 29 NYT THE US Airline industry offered on Tuesday to pay up to US$ 1 million for information about terrorist attacks against American airliners. The Air Transport Association, a trade association that represents the major airlines, said its members had agreed
      NYT  -  226 words
    • Article
      Aussie group buys Dutch firm
      101 29 AUSTRALIAN transport and security group Mayne Nickless Ltd has bought Netherlands-based distribution, haulage and trans-ship-ment company P van der Heijden en Zonen (Vegel) BV. Mayne Nickless said it has acquired 70 per cent of Vegel with an option to buy the remaining shares within three
      101 words
    • Article
      NYK set to take full control of Ugland's fleet
      461 29 LEADING Japanese owner Nippon Yusen Kaisha (NYK) is poised to take full control of Norwegian operator Ugland Car Carriers' fleet of 19 shorl-sea car carriers. According to Lloyd's List, NYK, which is already a major player in the deep-sea-trades and which
      461 words
    • NEWS SUMMARY
      • Article
        ANA to raise stake in Austrian Airlines
        87 29 ALL Nippon Airways will raise its equity stake in Austrian Airlines from 3.5 per cent to 9.0 per cent by taking 157,000 new shares for 10 billion yen (U5563.3 million). ANA officials said the move is aimed at keeping hold of East European
        87 words
      • Article
        Life at Inchcape after the split
        37 29 LIFE after NYK. For Inchcape Shipping Services in Singapore, losing the agency for Japanese giant Nippon Yusen Kaisha Line will hopefully turn out to be a "blessing in disguise" Page 2
        37 words
      • Article
        Trend for double hulls uncertain
        25 29 GLOBAL orders for doublehulled and double-bottomed tankers have surged recently, but whether the trend will continue is uncertain. Back Page
        25 words
      • Article
        German gives up search for partner
        40 29 A YEAR-LONG struggle by fledgling airline German Wings to stay aloft ended with a crash landing after it gave up the search for a partner willing to prop it up with fresh capital BackPage
        40 words
    • LOG BOOK
      • Article
        Record first quarter results for Unitor
        79 30 NORWEGIAN SHIP SUPPLY and service company Unitor posted record first quarter results this year with increased chemical sales as a result of its recent purchase of Roc hem. Profits after tax rose to 30.8 million kroner from 23.1 million kroner while operating revenue rose
        79 words
      • Article
        Frans Maas profits up
        113 30 DUTCH INTERNATIONAL transport giant Frans Maas taw net profits up 32 per cent last year to 26.6 million fibrins (US$l4 million). The company, which tied up with 3LJS carrier Sea-Land last year, made a gross turnover of nearly 2.3 billion florins, an increase of 38 per
        113 words
      • Article
        Elma gets only two responses
        86 30 ARGENTINA'S STATE-OWNED liner company, Elma, lias so far had only two responses to its worldwide tender "for the sale "of 16 ageing vessels and the charter back of ieight newer cellular ships. Only one of the proposals, by •US-based Lexmar Corporation, is being considered seriously
        86 words
      • Article
        Queen's Award for Tiphook
        78 30 TIPHOOK HAS BEEN CONFERRED the Queen's Award for Export Achievement in the United Kingdom this year, .having won the award in 1985 and 1988. The global transport asset rental group will now be able to display the emblem of the Queen's award until 1995. The company
        78 words
      • Article
        Repairs at Hangzhou airport
        66 30 IJIANQIAO AIRPORT in the eastern city of Hangzhou was closed on Tuesday for five months of repairs that will enable it to accommodate Boeing 747-400 jumbo jets, the [New China News Agency said. "The project will include •repairing and expanding the runways and improving drain"age and
        66 words
      • Article
        Manila releases detained jet
        90 30 .PHILIPPINE AVIATION AUTHORITIES released a Japaifese freighter aircraft and its three crewmen in Manila on ,Tuesday after detaining them for flying with invalid dipjomatic clearance. The Philippine air force ordered the Nippon Cargo Airlines Boeing 747 jet by radio to land at Manila airport when it
        90 words
    • Article, Illustration
      Life at Inchcape after the split
      822 30  -  The going's been smooth without NYK, Dexter Lee finds out from Lee Liat Cheng, controlling director of the Inchcape Services Group in Singapore. In fact, losing the agency for the Japanese giant coula well turn out to be a blessing in disguise. Dexter Lee
      822 words
    • Article
      COCKETT BUNKER MARKET REPORT
      855 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      855 words
    • Article
      THE SHIPPING GUIDE
      12729 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name ot 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 maximum
      12,729 words
    • Article
      SHIPPING AGENTS
      3345 43 Air Coatainerline NV: KYC Line (Syßenown Shpg (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Uner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata
      3,345 words
    • Article
      COURIER SERVICES
      213 43 Abacus Couriers Td: 545-8011,448-6415. Air Kxpms Service Td: 533-5771. Fax: *****44 Airborae Freight Corporation Td: 542-8844 Fax: *****16. *****80. City-Uak International Td: 344-3377. Fax: *****50 Cluster link Supplies A Services Td: 296-5720. DHL International Td: 344-8955. 344-8933. Fax: *****61. DPE Courier Td: 284-6611 (7 lines). Fax: *****88 Emery
      213 words
    • Article
      AIR FORWARDERS
      1468 43 Abex Express Freight Td: 542-7171. Fax: *****84 Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerotiak KG Freight International Td: 545-5992. \eras Deed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air
      1,468 words
    • Article
      PORT CONDITIONS
      1883 44 ARGENTINA Labour working normally. Buenos Aires: Port busy; all Newport general cargo berths occupied; no congestion; no vessels loading grain; grain stocks ample. San Lorenzo: Port busy; 6 vessels loading various commodities; 3 vessels in roads awaiting berths. Rosario: Two vessels in port of which 1 loading grain,
      1,883 words
    • Article
      AIR FREIGHT SCHEDULE
      490 44 ARRIVALS DEPARTURES Op Right Type ETA From Op Flifht Type ETD To TODAY TOOAY KAL KE697 B747F 0155 SEL KAL KE697 B747F 0440 BKK DLH LH/SQ4502 DCIOF 1825 FRA/DXB SIA SQ/BA822 B747F 0700 DXB/LHR NCA KZ203 B747F 1935 NRT SIA SQ/LH826 DCIOF 2025 DXB/FRA KAL KE685 A30F
      490 words
    • Article
      SHIP SALES & TANKER RATES
      569 44 SHIP SALES TANKER RATES VESSELS FOR FURTHER TRADING h..il Dllm CJiTwr# Neptaaas: 62,089 dwt and built in 1989, sold to undisclosed buyers for around U5526.3 million. Maria K: 36,233 dwt and built in 1977, sold to Chinese interests for USS 7 million. Eira: 22,352 dwt and built in 1970, sold
      569 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        501 45 tout iff Hi fcrifc Knhtl ggrtw Vwwi YoyNo Berth *»r»ni Departot Keood Wharves tquatof Joy 10/90C P1A 03 05/0730 04 05/0600 10 M,*,-,™ Hong Hock ***** P1A 02 05/1200 03 05/0700 Mataram 26WB K18 atongside M.fc/2300 ***** P2B 0305/0700 0305/1200 Ronghuashan 3 *29 atongsA 0605/0600 n/90 m
        501 words
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        CONTAINER SCHEDULE
        1766 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Transtainer Schedules SHp Voy No tor Date fine From To Booton Gate Bfc Op G<h Aka Bhum 18S 04.0590 2300 03/0700 03/0759 Poctnet 2 A2 00 F05 03/1700 03/1759 Portnet 2 04/0400 04/0429 NA 2 Al Ahmactah 63A 05.0590 0700
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        IN MALAYSIAN PORTS
        307 45 Port Ktong South Port M berth 3; Santos berth 4; Melaka Jaya berth 7A KCT: Uru Moral berth 8; Bunga Dahlia berth 9; Busan Glory berth 9; Eagte Dawn berth 10. North Port: Alas berth 11; Junior berth 11; Bangkhuntien berth 12; Ya Jiang berth 13; Hua
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        DAILY FREIGHTS
        986 45 DRY cargo freight rates continued to drift lower in fairly quiet conditions, with Japan closed on Tuesday for Golden Week. Dealers said there were some signs that rates in the Pacific may be beginning to stabilise after a sustained fall over the last six weeks. There were also
        986 words
    • Article, Illustration
      Lock icon Double-structured tanker trend uncertain despite more orders
      541 46 Reuter GLOBAL orders for doublehulled and double-bottomed tankers have surged recently, but whether the trend will continue is uncertain, industry sources said. The uncertainty is because shipping authorities in most nations outside the US are reluctant to go to the length of requiring
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      Aussie group hits back at criticism on surcharge
      281 46 THE AUSTRALIA to Europe Shipping Conference has hit back at criticism by Australia's Prices Surveillance Authority (PSA) of conference attempts to impose a US$2OO per TEU container cargo congestion surcharge on Sydney last year. The PSA judgement came after the Federal government
      281 words
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      Lock icon German Wings starts bankruptcy proceedings
      273 46 Reuter A YEAR-LONG struggle by fledgling airline German Wings to stay aloft ended with a crash landing after it gave up the search for a partner willing to prop it up with fresh capital. German Wings' part-own-ers Christian and Peter Kimmel said on Tuesday they
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      Lock icon Sailor feared he would be sacrificed
      142 46 AP A FILIPINO sailor who knifed a fellow crew member to death and then committed suicide feared he was to be a human sacrifice for his new ship, said a coroner's report in Victoria, British Columbia. Ruben Lava, 31, apparently misunderstood a conversation among
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      281 29 HI SWEE HENG METAL CO PTE LTD I No. 13, Tins Avenue 14, STORE 2263 I FAX: 861-2946 TEL: 861-5855 (5 LINES) TLX: RS ***** SHMCPL ■flS* SYARIKAT RTNZ Pi# SDN. BHD. I A JOINT VENTURE OF THE INTEGRATED GROUP AND THE MITSUI-SOKO GROUP Bonded Transportation S| Services between Singapore
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      46 29 Au Forwartw 15 Mr Fratfit Schedule 18 Cocfcctt bunk* report 2 Contaner Schedule 17 Conner Sennas 15 My Fratffe 17 Ma to M*ertuers -3 Port Conttnm 16 Shwmgfjenb 15 SNpni Gorie 10,11 SJ»psries/Tenker Ritas 16 Shps« Port 17 Support Tries 17 Weather and Saa CondKnns 17
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      170 30 SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION LUCKY PRIZE EXCLUSIVE! r Subscribe or renew your subscription now. The first 80 Rt subscribers will get a Samsonite Dynasty Carry On bag each worth $65. (For Singapore subscribers only) Subscription rates: 12 issues of Singapore Business 5548.00 C "East Malaysia *****.00 ~Z\ "Overseas -5594.00 t
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      2070 31 jardine iwWk aswcih %lllf> 200 Dotd #12 05 Sinppor* Q2QS \llll/ Td *****11 TELEX NO IS ***** lllllf TEMINAUCFS Td *****11 220 BOOKINGS Td *****34 235 L Vrtrtf J PESAKA JARWNE SHIPPINC AGENCIES SON. WD. KVmI PORT KELANG TEL: *****18 TELEX MIIIAWW SSmS PENANG TEL *****4 TELEX NO MA***** CFS
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      883 31 INDEX I Pv Col Cat AII N I ABC ConUinerline 13 5 Nan-Shin Shpg 5 1/2 Accord Shpg 8 3-5 NantoiLine 6 I Albatros Sea-Air 14 5 NedJloyd Lines 9 3-5 ARC Line 14 4 «NOL 7 1-3 APL 5 3-5 New Straits Shpg 14 5 Arrow Lines 7 5
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      2123 31 r*, vnmi Wojr ETA I ETO 'Port f DESTINATIONS TMs «Mt Lara M M 0( FmM> by cv *s »No hrs m Farce ■■■■H 1 CFS in 1«00 HM M Taure OAK LOS HOU MEM ATL MIA CHS BAL PHL NYC MOM TOM, LARS M SooSTTi V% 3/5 VS 26/5
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      1177 32 I ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LONDON EXPRESS 11/552 3/5 5/5 23/5 25/5 27/5 28/5 30/5 CITY OF EDINBURGH 89/551 3/5 28/5 22/5 24/5 21/5 27/5 LIVERPOOL BAY 98/555 9/5 11/5 29/5 31/5 2/8 3/8 5/8 KASUGA 09/554 10/5 5/8 29/5 1/8
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      499 32 SOUTH PACIFIC SERVICE SIN POM SUV PPT ISLA FLOREANA 25/5 11/6 21/6 28/6 DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 25/5 25/5 11/7 12/7 Ao*nts: (xf&rl/Wf SINGAPORE: *****00 BOOKINGS: *****08 VS. JAYA: 03-*****25 JOHORK- OT-11M11 NORTHBOUND TO UKC S PORE RDM/ADAM HBC HULL(U K.) CLYDEBANK VJBN 14/5 S/8
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      1424 32 Q| «OMIMM SMMm. REGULAR INO6PENO6NT FULL COMTAMEB SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM VLT PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA (VIA VLT) AUa HAM) ROT) NORASIA MUBARAK 9009-3 06/05 10/05 23/05 27/05 21/05 30/05 31/05 02/06 03/06 04/06 05KJ6 06/06 NORASIA AL-MANSOORAH 9010
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      1509 33 SsSteamers Maritime Holdings Ltd) ■tea? p&n I mm iimtnlJinJlEMM*!!*? 11 rpm rmuT S'tM N'kurt t'kavan X ten Lah ACCEPTS MJE SAILS LONOON EXPRESS W» 22* 24* 21* CARGO CITY Of EMMUMH mm 21* a* a* a* 22* STRAITS VENTURE VUE Muara, Lib, KK 01-03 Hay 04 May 05 Itey UWAfOOi
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      Page 33 Advertisements Column 2
      1571 33 TO: EUROPE TO: FAR EAST SP IN MM HU I'HVN FIX SPORE NK KAO KOB BU CHOTANC CHANCE 047* 5/5 23/5 24/5 25/5 27/5 2*5 CHOYANC PARK OB7E 12/5 13/5 15/5 I*s HANJIN lEHAVRE «7W 12/5 3*5 31/5 1* 4/1 S* HANJIN OAKLAND 007E 14/5 17/5 14/5 21/5 24/5 HANJIN
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      26 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 17/5 KARACHI AtBMK OHBUMNA MBBW H.T.V. WNSPOHTATDN 00. PIE) LTD. Tot 22M8 Tte AS IMII tac IiWIM
      26 words
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      330 33 *™W— >: SINGAPORE CALCUTTA >! AND SINGAPORE CHITTAGONG p CONVENTIONAL SERVICE EASTERN CAR LINER LTD IS PLEASED TO ANNOUNCE THE LAUNCHING OF OUR NEW >1 AND DEDICATED CONVENTIONAL SERVICE TO CALCUTTA AND CHITTAGONG M.V. ASIAN STAR V No 113 >! v ETA SPORE 13.6.90 WE WELCOME YOUR ENQUIRY >' I
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      612 34 tT PTKSOII ILOYB f.iummu wdoksw p.t. thikoha am CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY SPORE R'DAM/ H'BURG BREMEN ANTWERP AOAM NATARAM/SWB »MS WW 2/6 M BAAB ULLAHf22WB g-g/i til* 1/7 4/7 7/7 fast transit time ACCEPTING BREAK BULK/CONTAINERISED CARGO 9i4)|aci to MuoamariL Mm> accapttris cargo to CaMbtanca, Port Said,
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      788 34 lift HANJIN SHIPPING I yry FULL container service HANJIN LE HARVE 007W 12/5 JQ/5 31/5 1/6 3/6 4/6 U5 2 15 HANJIN FELIXSTOWE 002W I 19/5 I 7/6 S/t Hi 12* 13/6 CHOYANG SUCCESS 00K 25/5 N. CHEJU OKIE 22/1 24# CHOYANG PARK 00(W 26/5 13/6 14/6 15/6 17/6 11/6
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      Page 34 Advertisements Column 3
      1428 34 I J -J T r-J I PKL SGP HKC KSG KLG PUS HKT OSK TYO BAL LKV AMI ROM OX *BG I EVER GOING V 5 *i l*i Ufl H(1 I*s 1» Ilji IVt W W VJ "t EVER GIFTED 1/5 MWMHH}WII|SW»!W IP 4/7 V V tvt* greet lis w
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      1307 35 NEPTUNE AGENCIES PTE LTD SINGAPORE UK/EUROPE SERVICE *****19 AUST/INDIA/PAK SERVICE *****18 M USA SERVICE *****16 FAR EAST SERVICE *****48 B DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CPS: M 2 gjWT: gS»*Hgg| iiK /VIA RMfIWR I mVBW«V«M W +B*ommmmr t r[J |DM HAM 9CP PD« VSlffOT BCP «C RN urymcn vftITVOV SGPLKH FLX
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      Page 35 Advertisements Column 2
      1145 35 *SNSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FPU WESTBOUND VOStU VP TAg I gout |>UMHIA HWOWt" VOTAg WWt HU-AN6 HBUM fHAVPI TKJUmr MOTT «nw> n
      1,145 words
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      975 36 VOY *INOO "PK/PNG fsGP LB CHLS NFK NYC HFX 20 7/5 1/5 10/S 2/* 12/S 14/1 lfi/6 20/H K AMBASSADOR BRIDGE 21 14/5 15/5 17/5 9/6 19/6 21/6 23/6 27/6 r NEPTUNE JADE 24 25/5 26/5 24/5 16/6 V 2W 30/6 4/7 OOCL FAIR 21/5 29/5 31/5 23/8 3/7 5/7
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      Page 36 Advertisements Column 2
      711 36 I FTO S|N (1 DAY) +IIMYI 1 +.OOAY) BOOKJIGXONTACT MENA I 05/ttM '"1 RAMftMOK JACQUELINE TWICE/WKLY BOOKING, CONTACT w H CTn CIN POAYS) (2 DAYS) *<IDAY) ■—dl ig, >,r pmiwr JOYCE/JUDY I TWICE/WKLY I- M wc BOOKING. CONTACT H PTn CIN (8 DAYS) (1 DAY) J4 DAYS) H «/05/90 BUSAN
      711 words
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      Page 36 Advertisements Column 3
      309 36 CtMtimHUiUl Bacflfcl d, r wllippivVy v TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S'POW PK LOADING FO* ARTEMSION SM STTE/HDM/ANT/RU/UH BYRON SM SM In Pt STTE^OB/ANT/RU/UK ARBELA 10/5 15/5 20/5 SETE/*D*/ANT/FIU/UK Load! Sabah/lndonmu ®MULTIPORT AGENCIES (S) PTE. LTO. TEL: *****77 PAX: *****31 P.K. MULTWORT SON BHD. TEL: WaN TLX: MA »77«
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      594 36 Ar?si GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTO 7rwC S -»> a. Tttok Amt Stroot SINGAPORE OM mlaaM(iolinb)FK SJOSM <CR NO. wammm STRAITS/PERSIAN GULF SCRVICL Sport P MM>« Pom* GOLDEN BCAM Catanb<vKjrich«/Oubt. WU IMy GOLDEN HARVEST Coioo*o/K*icta/Duba 2W» Mn CHINA SERVICE MNFU Xtfmtn/fazkOM CASABLANCA SERVICE A VESSEL QlMaf ft™*" cmMwwr.
      594 words
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      1624 37 PACIFIC INTERNATIONAL LINES (PTE) LTD M m mktM P,L Building. 140 Cecil Street #0340, Singapore 0106. Jakarta I I Bangkok 1 VESSEL VOV «M JKT SM VESSEL VOV SIN BKK SIN OCLTA MAS 153S 5/5 «/S 13/5 KOTA NAG A 03N 6/5 9/5 13/S MAI QUANG MSB 6/5 9/S PEGASUS
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      Page 37 Advertisements Column 2
      1088 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint IjA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTWW VESSEL [VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN RDAM LHAVRE London Express 7v552 ta~Pt 4rt 22/5 24/5 26/5 City of Edinburgh 89/551 3/5 26/5 22/5 24/5
      1,088 words
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      Page 37 Advertisements Column 3
      280 37 V I V Bb v tegk MYANMA i P& FIVE STAR UNE (Myanmar National Line) 1j; Loading for Yangon (Rangoon) J; W S'pore P.Kelang Pen Bkok MYOMAYWA rj VI26W GDN P4 1/3 MAY MERGUI V 99* M MAY 11/13 M»y >. DISCHG OKLY HPA-AN VI49W 7/9 MAY HTONEYWA V255W i/7
      280 words
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      709 40 INTEGRATED CONTAINER SERVICE MEMBER Of EACOH SERVICE TO UNITED KINGDOM NORTH CONTINENT EUROPE OUT 800 NO SIN FLX BRE ROM ANT HBC RST PANAMA SEN WFOI2 12* 05* 05* o*s o** T WENOA SW 23* 1W 1*« W* AMERICAN SEN WFOII 2*5 21* 22* 23* 25* 29* 0. CROTEWOHL 4*o
      709 words
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      Page 40 Advertisements Column 2
      1374 40 u»c comnomowAL mviq Vmml P KLC PNC PC. Laa«a| hr TONCCHUAN 30/3 Rattar4aai/AMwp YANCCHUAN 2*4 Hpl W$ arotA rwxcowTA»ii —via Vmml PKL PNC SPORE BKK HKC SHA QIN LYC WEI HE 50 27/3 25* 31* *4 I*4 YANC FANC KOU 125 31/3 2*3 5/4 11/4 I*4 2*4 Acc«<itinf FCL Ctrfo
      1,374 words
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      Page 40 Advertisements Column 3
      1026 40 V'—^l POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA EXCLUSIVE ROUTES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS IAFGHANISTAN 1: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara ETD SINGAPORE :5/5, 12/5, 17/5, 23/5 lE. EUROPE I :To all inland points: Poland, Bulgaria, Czech, Hungary, Romania
      1,026 words
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      1039 41 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 14'5 17/5 A VSL 29/5 3/6 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR SWAPNA 20/5 CTG., MONGLA ETA S'PORE LOADING FOR A VSL Sid Port Suez/Port Said/Alexandra <s> •n EAST MALAYSIA SNIPPING ENT. (PTE| LTD 41-A AMOY STREET, S'PORE 0106.
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      177 41 TEL: *****33 (12 Lines) ZZL FAX: *****15/*****03 pH TELEX: RS ***** RISHIP (3 Lines) \\W\ ETHIOPIAN SNIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOR SPOWE ANOINET I9WB l(VOS DAftESSALAAM MOMBASA DJMOOTI ASSAB MASSAWA HOOCIOAH ABVOT 2WB 1VO« OARESSALAAM MOMBASA DJIBOUTI ASSAB
      177 words
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      615 41 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERIS£D REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPORE. INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTINC LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN WASPADA 23S
      615 words
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      629 41 ED3B BAY OF BENGAL SERVICES MADRAS CALCUTTA KMELS WT H* HAA >111 J Oft GEN VESTA OlNtt 94/5 10/5 16/5 JORGEN VESTA 02N90 16/5 22/5 21/5 J Oft GEN VESTA 03*10 29/5 (00 OS/t JORGEN VESTA (WHO 910 150 210 DANISH FLAG VESSELS VOY SIN CCU SIN SUPER EIGHT 03IW0
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      363 41 TO AUSTRALIA/NEW ZEALAND |Si<wwt|frMMtl*|MtaiinM|SHM|r |AadiM OMM*i AKTwcm* tc Ofi a/S art w "S IS t«t amtss m m IS aii vi v v i. mows t* aii v %p 5/7 un W mussei a? w n/j m iS 55 IS Alto accepting cargo to AUSTRALIA AMM, Britten* NEW ZEALAND —Wtllinfton,
      363 words
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      1156 42 Q" 1 HAC-NELS SINGAPORE 1 export TEL umii mmi TIL u\mt TEL: (04) *****6 IKK TEL: (080) *****0 TAWAU TEL: (089) *****9 KELANG TEL: (03) *****771 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 BAHRU TEL: (07) *****2 I S IBU TEL: (084) *****2 LABUAN TEL: (087) *****9 I—l V/
      1,156 words
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      Page 42 Advertisements Column 2
      359 42 HHHHViTTTsFTiY^TTT^nTITIHHHIH I BLUE STAR LINE B SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT MANDAMA 0572 5 May 21 May Via
      359 words
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      Page 42 Advertisements Column 3
      1064 42 MM THONG SOON LINES PTE. LTD. ALjI 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH WttSL |m lEH I KIT una WT CTI IWT KIM SOON LI 18/90E 5 MAY PENANG EQUATOR JOY
      1,064 words
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      35 44 Banking, Finance and Insurance Supplement BT's biggest and more established annual supplement will be distributed free with your copy of Business Times on May 24. Book your advertising space now. Call Joe Heng on *****76.
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      432 45 TIDES AND WEATHER I I..IU—WWMIIM -jr— ilwnjT TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 0800 *************************5001(**********1900 2000 2100 2200 23N JR 1( 17 19 22 2.4 2.5 25 2J 2.1 1.7 14 1.1 0.9 0.8 08 1.0 12 15 1.8 1.9 2.0 1.9
      432 words
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      246 46 CHARTPOINT Every Saturday in Business Times I PAKISTAN NATIONAL •B* 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 ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 2-5/4
      246 words
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      Page 46 Advertisements Column 2
      292 46 A. HYUNDAI MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA I TO PSW SIN HKC LBH OAK SEA FROM PSW LBH OAK SEA HKG SIN I HYUNDAI INNOVATOR 32E 04/05 10/05 21/05 31/05 03/06 LALANOIA 3Wf 02/W 05/04 MO4 2004 0305 I HYUNDAI EXPLORER 31E 11/05 17/05 04/06
      292 words
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      Page 46 Advertisements Column 3
      484 46 CHARTPOINT Every Saturday in Business Times XZJT 1*" I"*- I°* |a*' l" 0 SERVICE^ALLS tunc* wuwmt vi —m* |au.icato« how vja I 1 2 5 I 1 h* s I 3** h* s **"1 SINGAPORE >UW6» WUWW6 VI ffi AU.ICATO« TfIUMWI jVJ— p* J**** I DIRECT EVERY fyfty 5555 yJM
      484 words