The Business Times, 11 May 1990

Total Pages: 44
1 44 The Business Times
  • 10 1 BUSINESS TIMES MCI (P) 170/12/89 Friday May 11 1990 75'
    10 words
  • NEWS SUMMARY
    • 52 1 CZECHOSLOVAK President Vaclav Havel has called for Nato and the Warsaw Pact to shed their military roles and turn instead to founding a new security system for a future unified Europe. He was addressing the Strasbourg-based Council of Europe's Parliamentary
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    • 24 1 CHINA has dismissed as politically undesirable a proposal from Taiwan for business arbitration offices to be set up in each other's territories.
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    • 24 1 Green spells AN ENVIRONMENTAL crackdown in some Asian countries is leading to big opportunities for a chemical company operating out of Singapore Page 2
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    • 37 1 LOCAL companies will need to add more value to the production process and upgrade themselves if they are to increase their contribution to the Singapore economy, said Mr Mah Bow Tan Page 2
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    • 30 1 ASIA IS REPLETE with economic miracle stories, so it is little surprise that Thailand has joined the list as having one of the world's fastest-grow-ing economies Page 7
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    • 34 1 US leaders are planning an extraordinary effort to put the US government's financial house in order. If past experience is any guide, results will be short of spectacular. Page 8
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    • 37 1 THE CANNES Film Festival's rivals are countless, but it towers above them in stirring international interest. On the eve of the 43rd festival, it is determined not to sink into mid-dle-age oblivion Page 15
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    • 38 1 NATURAL GAS is likely to gain greater importance as an energy source in the next century as it becomes accepted as the cleaner alternative to oil, said a senior Statoil official. Shipping Times Page One
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  • MARKETS SUMMARY
    • 43 1 WALL STREET stocks turned higher on firmness in US Treasuries and hope for a third success in the three-part Treasury refunding yesterday. The Dow was up 10 at 2743 and gainers led declining issues by almost two-to-one in early trading.
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    • 52 1 SHARE PRICES were slightly lower on London's Stock Exchange at midday yesterday, with a bearish statement from GKN pic, one of Britain's largest companies casting a pall over the market. At about 1115 GMT, the Financial Times-Stock Exchange 100Share Index was down 1.2 points, or 0.06 per cent,
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    • 40 1 THE SPLIT between Morgan Grenfell and Ong Securities in their Hongkong venture has led Ong Sees to chart its own course in the region including plans for a listing on the SES in the near future Page 3
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    • 30 1 GERMAN company Hochtief is seen as the most likely rescuer of UK property group Rush Tompkins in which Singapo»«i Land has a 15 per cent stake Page 3
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    • 19 1 WHATEVER plan SP Tao may have for Singapore Land, alas, comes too late Page 3
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    • Article, Illustration
      29 1 Thursday Change BT-MGA 768.01 +6.86 Kuala Lumpur ....552.20 -2.53 Hongkong 2,985.42 +43.15 Tokyo 30,980.26 34.65 Sydney 1,473.6 -3.0 Wednesday Change New York 2,732.88 -0.67 London .2,162.7 -19.3
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    • 19 1 Exchange rates USS SS1.86IS Yen (100) SS1.I876 MS SS0.6903 Money market rates Overnight 6 3/16% 3-montn 6 3/16
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    • 26 1 London Gold PM fix US$371.75 +1.45 Rubbor S'pore June. 159.50 «/kg -1.50 M'sia June 229.50Vkg 0.50 KL Tin Turnover 66 tonnes -15 Spot M$17.08/kg +0.03
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  • 588 1  -  By Yong Pow Ang WITH THE vehicle quota scheme in place, the government yesterday made good its promise to reduce the additional registration fee (ARF) for new cars. It also announced measures to partially remove the investment value of car
    588 words
  • 377 1  -  By Lim Mui Khi AFTER STAYING out of the share financing market since the Kim Eng flotation in January, Citibank has returned with a package which has stirred much interest among investors. The scheme, offering 98 per cent financing, will be interest-free
    377 words
  • 134 1 AFP SOUTH KOREA was the fifth largest investor in Malaysia at the end of March with approved capital investments of M 5322 million. The approved investments were in 80 projects in the textile, rubber, wood, metal and plastic products and printing industries, J Jegathesan,
    AFP  -  134 words
  • 230 1 Bernama THE MALAYSIAN government is expected to allocate between Ms6o billion and Ms7o billion under the Sixth Malaysian Plan for infrastructural development to service the growing industrial sector. Deputy Works Minister Datuk Alex Lee said. He told newsmen after chairing a forum at
    Bernama  -  230 words
  • 457 1  -  By Conrad Raj AMERICAN investment house Smith Barney, Harris Upham Co Inc, will make Singapore its base of operations for all of Asia except Japan. This was disclosed yesterday by Mr George Schott, managing director of the two subsidiaries that the
    457 words
  • 168 1 Reuter CHINA plans to double its gross national product in the next 10 years, Premier Li Peng was quoted as saying yesterday. China in the early 1980s drew up a plan to quadruple its GNP by the year 2000. But its economy
    Reuter  -  168 words
  • Page 1 Advertisements
    • 342 1 OF LONDON Writing Instruments I ushion Watches Pocket 1 ighters I- xecutive C1111 Sets Rtnz Dolly Inn for a I ree catalogue today. Anton Tan Agencies Pte Ltd Tel: 272-1143 WHERE WILL ALL THE SOLDIERS GO? 10 GOOD NEWS FOR THE US ECONOMY 11 WHEN EXPERIENCE COUNTS 12 Aircraft Schedule
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  • HOME NEWS
    • NEWS ROUNDUP
      • 99 2 THE GOVERNMENT has appointed a new member to the Public Service Commission. Abu Bakar bin Maidin will be a PSC member from May 15 for a term of three years. Mr Abu Bakar, 62, is a company director and secretary of MLH Marketing Services.
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      • 50 2 A SEMINAR on the art of negotiating will be held this month. Among the issues to be discussed are: the use of major negotiating strategies; non-verbal negotiation; and how to deal with power and authority. The seminar, on May 25 and 26, is organised by Times Conferences.
        50 words
      • 71 2 AQUARAMA 11, a four-day exhibition and conference on the aquarium fish industry, will be held in Singapore for the second time in June next year. The event drew 64 exhibitors from 12 countries, as well as over 50,000 visitors when it was held here in 1989.
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      • 57 2 ABOUT 2,600 officers will be awarded certificates next week for completing the Core Skills for Effectiveness and Change (Cosec) programme conducted by the Civil Service Institute. They form the second batch of officers to complete this programme. The aim of Cosec is to enhance the skills
        57 words
      • 54 2 PROPAKASIA, the Asian International Food Processing and Packaging Technology exhibition, is to be re-staged in Singapore in September next year. ProPakAsia9l will be complemented by the Asian Packaging Congress, which will be hosted by the Packaging Council of Singapore. More than 200 delegates are expected to
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      • 61 2 SCANDINAVIAN Airlines will launch its non-stop service between Singapore and Copenhagen from May 18. Cutting the 14 hours and 10 minutes flying time by 90 minutes, each of the Boeing 767 aircraft seats a total of 150. The service will depart Singapore Mondays and Fridays. The non-stop
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      • 70 2 BUREAU International de la Recuperation (BIR) will be conducting its first Asian conference on reclamation and recycling in Singapore on May 16. The meeting will comprise plenary sessions where members will discuss issues and opportunities for reclamation and recycling and an exhibition of the equipment used. Concurrently,
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    • 312 2  -  By Genevieve Cua AN ENVIRONMENTAL crackdown in some Asian countries is leading to big opportunities for a chemical company operating out of Singapore, Sun Ace Kakoh (SAK), a subsidiary of Tokyo-based Shinagawa Chemicals Industry, is finding an open market for its chemicals in
      312 words
    • 122 2 SHIMADZU Corporation, a leading scientific and medical equipment manufacturer in Japan, has set up a R&D and marketing base in the Singapore Science Park. The company will work on new analytical methods and application software for various kinds of analytical instruments, said managing director of Shimadzu
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    • 270 2  -  By Walton Morais THE Andry Montgomery Group (AMG), parent of Singapore Exhibition Services (SES), has set up a subsidiary in Manila to cut itself a big slice of the fledgling Philippine exhibition market. The wholly-owned subsidiary, Manila Exhibition Management (MEM), opened on Tuesday. AMG
      270 words
    • 407 2  -  By Shoeb Kagda IN LINE with the government's more focussed approach to helping forward looking local enterprises, efforts are being made to identify such companies and to aid them in formulating business strategies. As part of this process, Mah Bow Tan, Minister of
      407 words
    • 97 2 DUMPING traditional three-martini lunches, Business Times is opting for a more refreshing way to maintain its close rapport with accredited advertising agencies. BT Advertising has organised two beginners' wa-ter-skiing courses, each stretching over four consecutive Sundays. Advertisement manager Joe Heng says BT will provide skiing instructors
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  • Page 2 Advertisements
    • 129 2 llf you re a Royal First Class or Royal Executive C lass passenger in transit at Thai s Royal Executive lass lounge in Bangkok, you 11 find that whiling the time away becomes so much more pleasant. Here you can relax in total comfort, in the spacious surroundings and soothing
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 451 3  -  By Magdalne Ng ONG CO has big expansion plans for the region, including an application to the Singapore authorities for OHQ status and a public listing on the Singapore Stock Exchange soon. Sources told BT yesterday that the recent recruitment of senior managers
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    • 288 3  -  By Magdalne Ng BUSINESSMAN Kua Phek Long became a substantial shareholder of Seaview Hotel with the purchase of 1.38 million shares or 6.52 per cent in the hotel company for about $8 million, or an average of $5.82 apiece.
      288 words
    • 404 3 THE STOCK EXCHANGE of Singapore is urging all existing investors to confirm their securities accounts with the Central Depositary Pte Ltd (CDP) particularly if they wish to ensure that their applications for G K Goh Holdings' public offer are valid. The
      404 words
    • 260 3 MUDA HOLDINGS Bhd hopes to make use of its Singapore associate, United Pulp and Paper Co Ltd (UPP), to tap business opportunities in China. Chairman and managing director, Lim Guan Teik, told newsmen after the company's annual general meeting (AGM) in Kuala Lumpur
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    • 549 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan WHATEVER defensive plan SP Tao may be putting up for Singapore Land against a takeover bid from United Industrial Corporation may come a little too late. Depending on how many proxies he can swing, the Sing Land chairman
      549 words
    • 378 3  -  By Conrad Raj RUSH TOMPKINS, the failed British property firm in which Singapore Land has a 15 per cent stake, has attracted several foreign suitors, including its biggest shareholder, West Germany's Hochtief. But Sing Land, control of which is now
      378 words
    • 255 3 MBT GENERAL Corporation Bhd (GCB) has announced a number of changes at the highest levels of management following its acquisition of Low Keng Huat (Singapore) (LKHS). Several senior directors of LKHS have now joined the GCB group at an executive level
      MBT  -  255 words
  • Page 3 Advertisements
    • 170 3 JffJSSf East West-USI Insurance: a mark of strength Strength and service are vital qualities to excellent service serviceMthat tas become consider in selecting your general insurance the traditional hallmark of Last West-UM. company. When you choose East West-USI, Naturally East West-USI offers a you get both. Plus the bonus of
      170 words

  • REGIONAL COMPANY NEWS
    • 345 4 Asahi NOMURA Securities Co is turning its London office into a European headquarters early next month, giving it considerable control over the company's eight subsidiaries in Europe. At present, Nomura's worldwide activities are directed primarily from the company's headquarters in Tokyo. The new European
      Asahi  -  345 words
    • 191 4 Reuter ALAN BOND'S Hongkong unit Bond Corp International Ltd deferred a decision on whether to jay a special interim dividend. BCIL also said in a statement j it had appointed a committee to advise minority shareholders about a proposed change of control.
      Reuter  -  191 words
    • 363 4 Asahi TOYOTA Moldr Corp is to build the world's "most advanced" car assembly plant in Fukuoka, western Japan, which will produce 200,000 passenger cars a year. However, the location of the new plant may prohibit Japan's largest carmaker from using Us {ambus
      Asahi  -  363 words
    • 202 4 AFP JAPAN'S Honda Motor Co has announced sweeping management changes with four of the company's five top executives stepping down to make way for younger blood. Japan's third-biggest car maker said yesterday that the four outgoing executives chairman Satoshi Okubo, president Tadashi Kume and vice-presidents
      AFP  -  202 words
  • Page 4 Advertisements
    • 179 4 Putting you on top j of your market is no tall order. This is all it takes. j will pull in thousands of decisionI Gi\ en the importance of both events, you can expect i a spillover of these quality visitors from one event to I »wl wm ll#lV|y J
      179 words
    • 188 4 IS|E SHAPE TT E R THINGS TO A distinguished design, with excellent features to make this new phase another choicest investment per square foot. Few units of around floor warehouses (from 1335 to 5,000 square Five minutes away from the world's busiest port feet) ij» flatted factory block four storey
      188 words

  • INTERNATIONAL COMPANY NEWS
    • 616 5 Reuter TALKS IN Copenhagen next week aimed at moulding a new European market for share dealing in top companies are likely to be marked by clashes between British, German and French exchange officials. Europe's stock exchange chiefs will try "to create a capital and
      Reuter  -  616 words
    • 435 5 Reuter LOCKHEED Corp is moving its aeronautical systems business to Georgia and cutting roughly 4,500 jobs because Eastern Europe is moving closer to the West. Declining East-West military tensions triggered the defence contractor's long-contemplated plan to withdraw from its home base in Burbank, California, said chairman
      Reuter  -  435 words
    • 270 5 Reuter TIME WARNER president Nicholas Nicholas, who was just appointed co-chief executive officer, said the heavily indebted global media group would have more than US$2 billion in cashflow in 1990. Asked in an interview about Wall Street estimates that the company's cashflow would be US$2.4
      Reuter  -  270 words
  • Page 5 Advertisements
    • 532 5 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OP READING A BATES SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTIONS [Pursuant to Section 290(2)<b)] At an Extraordinary General Meeting of the Company held at 901 Threadneedle, Suite 200, Houston. Texas USA
      532 words
    • 494 5 THE COMPANIES ACT, CAP. BO INTERCONTINENTAL REALTY ASSOCIATES (PTE.) UMITED (In Liquidation) At a general meeting of INTERCONTINENTAL REALTY ASSOCIATES (PTE.) LIMITED dUy convened and held on the 7th day of May. 1990 the fo«towlng special resolution was passed:SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section
      494 words
    • 127 5 In 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 pnme posinon at the head of Beijing's central thoroughfare, it offers luxurious accommodation, superb dining and superior service. World-class
      127 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 132 6 MASTERCARD International Inc, Visa USA Inc and 14 state Attorneys General said they agreed on Tuesday to a settlement of a year-old lawsuit and stop the joint development of Entree, a nationwide debit card. The law enforcement officials had alleged that Entree violated antitrust laws. Visa
        132 words
      • 82 6 PRESIDENT Carlos Menem said yesterday that Argentina wants foreign creditors to write off part of its US$6O-billion debt and provide US$l.5 billion in new loans. "The government wants to restore normal relations with public and private international credit organisations... and this should translate into granting assistance
        82 words
    • 196 6 DBS BANK has stolen a march on its major rivals by paying a slightly higher basic starting pay for clerical staff. The local banking giant raised its minimum clerical pay from $550 to $700 on May 1. This applies across-the-board to clerks,
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    • 550 6 Reuter ECONOMISTS believe Hongkong's economic forecasts for 1990/91 indicate the flow of capital out of Hongkong will accelerate this year. They say a system of calculation used by the Hongkongßank shows private non-trade outflow could be as high as HK537.3
      Reuter  -  550 words
    • 193 6 Reuter THE World Bank is expected to consider whether to resume a full lending programme to China at a board meeting late this month, a senior World Bank official said. The board is due to review a report by a recent World Bank
      Reuter  -  193 words
    • 360 6 Reuter THE World Bank said on Wednesday it might commit more than US$7 billion over the next three years to the new democracies of Eastern Europe and voiced concern commercial banks were reluctant to lend to some states. Willi Wapenhans, a
      Reuter  -  360 words
  • Page 6 Advertisements
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    • 322 6 JOINT ANNOUNCEMENT BY ONG HOLDINGS (HK) LTD AND MORGAN GRENFELL ASIA HOLDINGS PTE LTD Sale and Purchase of Sharaa in Morgan Qranfall Aala Partnar* (HK) Limited Morgan Grenfell Asia Holdings Re Ltd ("Morgan Grenfell Asia Group"] and Ong Holdings (HK) Ltd, which together hold 95% of the issued capital of
      322 words
    • 3 6 Analysis, Pg 11
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  • Page 6 Miscellaneous

  • THE REGION
    • 505 7 NYT ASIA IS REPLETE with economic miracle stories, so it is little surprise that Thailand has joined the list as having one of the world's fastestgrowing economies. As evidence, the number of cars has tripled, choking traffic, and cement is in short supply as prosperous-looking
      NYT  -  505 words
    • 291 7 AFP THE US and the Philippines are bracing for verbal and financial clashes when exploratory talks on the future of strategic US bases open next Monday, diplomats in Manila said yesterday. President Corazon Aquino, faced with growing nationalist sentiment, says she is
      AFP  -  291 words
    • 49 7 Everything's normal for the time being AN AMERICAN F-4 fighter jet taxiing prior to regular flight exercises at Clark Air Base in the Philippines. The future of Clark and Subic Naval Base after the lease expires in 1991 will be discussed between the US and the Philippines next week.
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    • 509 7 Reuter A POWER CRISIS in the Philippines is curbing economic growth and discouraging foreign investment, but is proving a windfall for overseas manufacturers of electrical generating plants and services. The Philippines is planning to solve its present power shortage with an US$B billion investment
      Reuter  -  509 words
    • NOTE BOOK
      • 169 7 CITIBANK was told in 1986 that Adnan Khashoggi, the Saudi financier charged with helping Imelda Marcos conceal her interest in New York properties, owned one of the buildings, a bank official said in New York on Wednesday. The information was given to Citibank months after
        169 words
      • 67 7 MANY members of Congress from both parties would support him in trying to cut off aid to the Philippines if a coup overthrows President Corazon Aquino, Senate Majority Whip Alan Cranston said on Wednesday. He said more than US$l billion in US trade benefits
        67 words
      • 76 7 SOUTH KOREAN investment in Malaysia has shown a marked increase over the past two years, after a period of moderate interest from 1981 to 1987. J Jegathesan, director of the Malaysian Industrial Development Authority, yesterday told a group of visiting South Korean investors that after first
        76 words
      • 68 7 BURMESE junta leader General Saw Maung has reiterated his warning to military personnel to remain strictly neutral in general elections on May 27. In a speech carried over Rangoon state radio yesterday, he also reiterated charges that opposition leader Aung San Suu Kyi had "formulated a
        68 words
      • 53 7 TALKS in Beijing last week brought agreement on "certain issues" despite continuing Sino-Vietnamese differences. The official communist party daily Nhan Dan said yesterday that talks between Vietnam's First Deputy Foreign Minister Dinh Nho Liem and Chinese Vice-Minister Tian Zengpei focused on normalisation of ties and international
        53 words
      • 66 7 US and other foreign companies harvesting Papua New Guinea's rich timber, mineral and fishery resources must prepare to meet stricter environmental standards, says the South Pacific country's premier. Most of the firms logging Papua New Guinea's lush tropical rain forests which help resupply the worid
        66 words
  • Page 7 Advertisements
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  • THE WORLD 1
    • 495 8 Reuter FOR THE fourth time in less than a decade, the White House and Congressional leaders plan an extraordinary effort to put the US government's financial house in order. If past experience is any guide, results will be short of spectacular.
      Reuter  -  495 words
    • 83 8 AFP FORMER India* Prime Minister Rajiv Gandhi and ■early 2,000 of his supporters launched a 12-hour fast in New Delhi yesterday to demand an end to recurring communal strife in India. Mr Gandhi sweated heavily as he sat under a colourful tent erected beside the Mack- stone
      AFP  -  83 words
    • 268 8 NYT LECH WALESA, the leader of the Solidarity trade union, declared on Wednesday that Poland's revolution has stagnated and pledged to foment "permanent political war" that would shake the government he helped create last year. Mr Walesa, who has been giving ambiguous signals over whether
      NYT  -  268 words
    • 293 8 AP ITS 9:45 AM and already publisher Robert Maxwell is running late. He jabs at his telephone console and, in a booming baritone voice, lambasts someone at the other end about distribution problems in Germany. Another call, and Mr Maxwell launches into an
      AP  -  293 words
    • WORLD WATCH
      • 79 9 THE GOVERNMENT of French Socialist Prime Minister Michel Rocard survived a motion of no confidence in parliament late Wednesday after the Communist Party refused to vote with the conservative opposition. The motion, to censure the government for measures to give amnesty to allegedly corrupt politicians,
        79 words
      • 91 9 NEPAL Prime Minister Krishna Prasad Bhattarai will have talks in New Delhi in late May with Indian counteipart V P Singh on the long-running Indian-Nepali trade dispute, a senior Nepalese official said on Wednesday. It would be Mr Bhattarai's first foreign trip since becoming
        91 words
      • 74 9 JAPANESE traders yesterday said that Soviet enterprises had delayed payments worth hundreds of millions of dollars. They said the delays started at the end of last year but were confident the bills would be paid and added that the problem had not reached a crisis. An
        74 words
      • 85 9 CZECHOSLOVAKIA wants foreign economic help in the form of joint ventures rather than loans, said federal assembly chairman Alexander Dubcek, the former Communist Party chief whose reformist "Prague Spring" was crushed by Moscow-led troops in 1968. "Loans would just have to be paid for by our
        85 words
    • 280 9 NYT ALBANIA on Wednesday announced a series of laws that may bring about far-reaching liberalisation in this most restrictive of European communist countries. They include a measure providing for freedom to travel abroad and, apparently, restoration of the right to practise religion. Albania is the
      NYT  -  280 words
    • 221 9 Reuter THE US has announced that it will continue to press Japan on opening its semiconductor markets to US and foreign competition. The Assistant US Trade Representative, Donald Phillips, told a House of Representatives Energy and Commerce subcommittee on Wednesday, "We will continue
      Reuter  -  221 words
    • 302 9 AP THE US and Iran has reached a US$5O million agreement on settling almost 3,200 claims filed against the Iranian government. "There is an agreement in principle," said a US official in The Hague on Wednesday, but added that the accord dealing with
      AP  -  302 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 603 9 H\? vV--■'.-■:».-■ v -j>* 7 V sV. c' s :•,.../.'•> .V Z *G •■•XT.- \\_v C ROLAND MAZERE -V. v <i' TRUFFLES "i > "V .> i. > •v tTAnz pACK 7 -.v v ->■ TO THE DYNASTY 1. ••-.-•> •"J J r-*rr: v SINGAPORE! "1 V\ r 'i, ,'i
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  • 483 10 EDITORIAL JAPAN'S success in winning the number-two spot at the International Monetary Fund is significant for many reasons, not least as a timely piece of economic symbolism. It is entirely appropriate that the world's second-largest economic power should be so represented at the institutional level
    483 words
  • WHAT THE OTHERS SAY
    • 194 10 THE SENTENCING of a hacker for infiltrating a US military computer network will, no doubt, stir considerable debate. Is his offence criminal in nature or is it just a dramatic expose of the network's flaws? The case reflects the sometimes fine line between crime and mischief.
      194 words
    • 134 10 THE LONG-STANDING ideological rift between Syria and Iraq has cast a long shadow on the coming Arab summit. So far, 15 of the 22 Arab League members have agreed to participate. Unless the Syrian-Iraqi gap is bridged, the Arab World will never be united on two keys issues.
      134 words
    • 124 10 MONGOLIA belongs geographically to Asia, though it is in the Soviet orbit. A return to the fold would enable the country to plug into the AsiaPacific era, as well as find its own feet. But being a hinterland nation, it must first improve its ties with China
      124 words
  • REGIONAL VIEWPOINTS
    • 175 10 THE DRAMATIC TURNABOUT in the Malaysian economy, posting very credible inflation adjusted growth rates in the past few years following the negative growth recorded in 1985, is expected to continue well into the *****, with continuing buoyant domestic demand as well as unabated interest of investors
      175 words
    • 181 10 PRINCE NORODOM SIHANOUK is no longer leader of the resistance government of Cambodia. Now he is Sihanouk, president of Cambodia. The prince announced in Beijing that he would take a leave of absence as the leader of the resistance forces. We are not unfamiliar with this;
      181 words
    • 151 10 THE PURSUIT of excellence must remain a prime goal of Hongkong education, which is why the Education and Manpower Branch has rejected the Director of Audit's proposal to convert more government schools to subvented institutions to save HKLS2BO million a year. As the government embarks on an
      151 words
  • 905 10  -  As talks loom on the US bases in the America is striving to justify its role in Asia. David Millikin reports David Millikin AFP AS Washington prepares for difficult negotiations next week on the future of US military bases in the Philippines, it is striving to redefine
    AFP  -  905 words
  • Page 10 Advertisements
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      415 words
  • Page 10 Miscellaneous
    • 28 10 POONESBURY \H mutve you gnnygot clyde. yup. but 600PGMyy, hjck I Se£M STOMN6 I'VE MMMCPf HOS...UjeCL... HON'G£o&£ AW staying O™*™ wen* 7 NOTATAHOm,, UMTH&NNYSLADZ AGAIN. ANPH RHU^ MNP
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  • ANALYSIS
    • 825 11  -  After two decades of high growth, Hongkong's economic dynamo is winding down, writes Diane Stormont Diane Stormont Reuter HONGKONG, where the economy grew 40 per cent in the last four years of the 1980s, enters the new decade facing negligible real growth
      Reuter  -  825 words
    • 915 11  -  Can it be true? An economy forecast to go into recession is now actually growing. Robert Hersney finds out Robert Hershey NYT HAVING avoided recession, the US economy is gradually picking up strength, with the long-suppressed industrial sector setting the pace. The Commerce Department reported
      NYT  -  915 words
    • 864 11  -  An insider trading investigation in Japan is amusing those in the know, writes Robert Thomson Robert Thomson FT THE PROSPECT of Japan's first insider trading prosecution has both surprised and amused Japanese financial institutions. They are surprised that Tokyo police have
      FT  -  864 words
  • Page 11 Advertisements
    • 26 11 ONLY ColoniaL BUNGALOWS ARE MANAGED BY UDMC 1 Colombo Court #05-18/21 Singapore 0617 TEL: *****02, *****03, *****27 *****48 Ms Lim, Ms Tang, Mr Tan Mr Leong
      26 words

  • FOCUS
    • 1155 12  -  Gary Tan had only 'a little bit of engineering knowledge' and $100,000 when he opened a factory in 1982. Today, his clients include Hewlett Packard and Apple Computer, reports Yong Pow Ang. In the accompanying article, Peter Passed looks at a study
      1,155 words
    • 781 12 NYT THESE are disillusioning times for the United States. Evangelists steal and athletes cheat. But at least one culture hero remains untarnished: the small business, America's engine of employment and prosperity. Well, not quite untarnished. Employers Large and Small, a study to
      NYT  -  781 words
  • Page 12 Advertisements
    • 107 12 To find out just how little space our Mnol To go into the long and short of i T ~i protrude bevond the machine, taking up i i it. our F.PS4OO copier is just 690 mm i i more space, this compact copier has 3 I h -i x 685
      107 words

  • SPORTS
    • 296 13 AP ARANTXA SANCHEZ-VI-CAR IO says she's ready for an encore of her spectacular 1989. The hustling, playful Spaniard beat No 1-ranked Steffi Graf in the finals of last year's French Open to become the youngest women's champion in that tournament's history at 17. "What I did
      AP  -  296 words
    • 170 13 AP ANDRE AGASSI of the US advanced to the third round of the German Open tournament in Hamburg on Wednesday when Diego Perez of Uruguay withdrew because of an injury. Agassi was leading 6-1, 1-0 when Perez retired with a pulled hip-flexer muscle. Agassi, who
      AP  -  170 words
    • 247 13 AP THREE-TIME WINNER Johnny Rutherford suffered a concussion on Wednesday when he crashed for the second time this week during practice for the Indianapolis 500 in Indiana. Rutherford, 52, was taken to hospital and was reported in stable condition. Rutherford's 1989 LolaCosworth race car went out
      AP  -  247 words
    • SIDE LINES
      • 69 13 MICHAEL JORDAN scored 45 points as the Chicago Bulls defeated the Philadelphia 76ers 101-96 on Wednesday night for a 2-0 lead in their NBA playoff series. The best-of-7 Eastern Conference semi-final now swings to Philadelphia for games tonight and Sunday. The Bulls, who trailed 54-38 in the
        69 words
      • 75 13 EAST GERMANY'S Olaf Ludwig claimed his third stage win and Raul Alcala of Mexico began his assault on surprisingly steady Soviet amateur Viatcheslav Bobrik during Wednesday's two stages of the Tour de Trump. Ludwig, one of East Germany's first professional athletes, won a massive field sprint
        75 words
      • 105 13 KENT CARLSSON, a clay court specialist who was ranked No 6 in the world just 17 months ago, is retiring at only 22 years old due to chronic knee problems. Swedish newspapers yesterday quoted him as saying: "Right now my knees feel pretty good, but I have
        105 words
      • 79 13 DIDIER AURIOL of France won his third consecutive Tour of Corsica auto rally on Wednesday and increased his lead in the world championship standings. Auriol drove a Lancia Delta Integrale to victory this year. He drove a Lancia Martini Delta last year and a Ford Sierra Cosworth
        79 words
  • Page 13 Advertisements
    • 237 13 j| •Mfftw'Wg CT* r jjp m -K I §^v jiht tßjjjp ;v 9HB^| ■■■■■■■■■■■■P SINGAPORE TO COPENHAGEN NON-STOP. BEGINNING 18TH MAY. An uninterrupted dream. A good way to describe and comfort that's just pure bliss. So that when we arrive in Copenhagen you'll SAS non-stop to Copenhagen for people who
      237 words

  • Page 14 Advertisements
    • 237 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Sptcv Szechuan dishes served ai lunch and dinner <lailv in the cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338 8583 ext *****/6. t0» w| i Tmc Wistin Plaza (OKI «"9«P»* (IBHH
      237 words
    • 459 14 PLEASINGLY HYATT I Discover the world of sensational Singaporean dishes in a buffet. Taste Singapore favourites and international specialities at Plum's, on Fridays and Saturdays: Dinner buffet onlv. Price: $22* ■iiiiiiiiiiiiiiiiiii PLUM'S miniiiiiiiiiiiiii "Plus 10% Sen ice Charge and Government Tax Hyatt RegencyQSjngapore 10-12 Scotts Road. Singapore 0922 j Tel
      459 words
    • 321 14 Horffi gjutft InJiao pF o o d F e 8 t1 1 15 May Lunch Dinner Only Adults: $16.00++ Children below 12: $10.00++ v LAZA H() 11, 1. jfl 9 C|CA C| C| Alf««(.Ol OURI Ol IN% I| II nvlllw r II I l€l H.J.H Kn.»t M7W TH What's Cooking
      321 words
    • 347 14 I 1 MOTHER'S DAY Wn M A Y 1 3 I HERE'S TO i I YOU, MUM! I There's no letter time to lavish your affection on your mother, lake her to a Special Lunch at the Mandarin Ballroom. Just for her, there'll be a f'H buffet lunch with live
      347 words
  • Page 14 Miscellaneous
    • 693 14 TELEVISION AND RADIO A 1 -f I 9.00 News at NiM. I 6.30 Lughatui Quran. I IbUSJNESS ON RADK* I w t/\ <4- yv I 4-* :-:v 9.30 Murder, Sha Wrote The 6.45 Fttrah. :a B B If Ivr 1(1(1 cm 1 Error of Her Ways 7.00 CaWe News Network.
      693 words

  • LIFESTYLE
    • 643 15  -  Cannes is the place every aspiring cineaste wants to be come festival time, reports Thomas Quinn Curtiss Thomas Quinn Curtiss IHT THE CANNES Film Festival is indisputably the high place for the unveiling of motion pictures. Its rivals are countless, but it towers above them
      IHT  -  643 words
    • 242 15 CHATTERBOX STEVEN SPIELBERG, who directed ET the Extra-Ter-restrial, has joined the board of directors of The Planetary Society along with Apollo astronaut Michael Collins. Spielberg and Collins "have helped broaden our perspective beyond Earth's boundaries to the boundless possibilities of space," said astronomer Carl
      242 words
  • Page 15 Advertisements
    • 238 15 AND ENTERTAIN Mum's The Word MOTHERS DAY Mi** SPECIAL* MAY I) RESERVATIONS 732 1222 EXT I*4) prices are subject to 10% service CHARGE AND (ESS. 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© Century
      238 words
    • 354 15 NOTICE NOTICE IS HEREBY GIVEN that, I YEO YONG HUAT of Blk 15 St. George's Rd., #02-168 Singapore (1232), have applied for a Retail Liquor Shop licence in respect of premises at M/S Chop Yeo Thong Heng at 522, Mac Pherson Road Singapore (1336), and that this application will be
      354 words
    • 119 15 dishes Prepared with the I Braised Sea Cucumber with Spnng Onion $10 It's our endless variety of seafood fare that lures our customers back .And with pnces from $6. you're bound to get r hooked too. Call for reservations today at 235-2336 I GARDEN J .336 River Valley Road. #01
      119 words
    • 385 15 MM E9 WfO tee-off cafe Emm a Internationa] Buffet Spread Lunch: $t8.00« (Adult) > $10.00. (CMd) K^M Dinner: $23.00 (Adult) Rm IL/i j J> $1000. (Child) jKSm \/T| f NISHIKI RESTAURANT KV Vi f j/y Japanese Set Meal <» Ai I Xtj/'rP Lunch: $30.00* iU|l| Dinner: $28.00* HH If/11l CHINA
      385 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3906 16  -  By William Chia SHARE PRICES on the Singapore stock exchange closed broadly lower in quiet trade yesterday but late buying of index-linked blue chips pushed the Straits Times Industrial Index up 6.84 points to 1,523.27 by the close. Brokers said activity was mainly
      3,906 words

  • 4071 17 Main Board SLA Foreign 2030 50 2.5% DBS 1230 +-48 +4.1% (JOB Foreign 680 +40 +6.2% SIA 1340 30 2.3% OC8C Foreign 1070 20 +1.9% Nat Iran 930 +15 +1.6% Sea View 595 +15 +2.6% CAC 374 12 +3.3% Setnb Shipyard 725 +10 +1.4% Span
    4,071 words

  • BT SHARE INFORMATION SERVICE
    • 284 18 'hum j Date Ytar firm* Ptet N«t unrings Gross im to (L) p*r slur* dlvktond COM) (c«iits) Mat Iron May 7 Dec 89 $41.413($40.848) 43 1(42 7) 16(16) todicaps May 7 Ok 89 $83,615(160.704) 51 1(37.1) 75b(185) U06 May 4 Dec 89 $239,616($172.222) 43 3a(34 2a) 16.4a(14 2a)
      284 words
    • 1331 18 Current Ex Beaks tote Tatol tor Tetel tor payment tote cteM payable fee year last yur MM 15% May 3 NYA May 16 29* 28* Amtw 15XTE Feb 28 Mar 12 May 15 25*TE 25*Tt Boustead 5% (I) Apr 18 May 4 km 7 5* 15* Bousteadco 3%
      1,331 words
    • 172 18 m -f-J Ma Yaar fim» pretax Nat Minings Grass mm ta prallt/lass (L) pm tkara dMdaad (>000) (cants) Muto Purpose May 3 Ok 89 MJ30,095(M»5,917) 08(2.0) Keel Seng May 2 Ok 89 m27.45KMS2S.15S) 11.3(11.4) 12.7(7.1a) lacks mt Apr 30 Jan 90 $1,096(12.724) —(0.3) Mt Pleasure Apr 30 Jan
      172 words
    • 126 18 Cmm—9 Bate IWf-yMr Crap pre-tax lutorim m to pr*llt/lMS (L) dM«to«d (*000) CiC May 4 Mar 90 146.270(121.667) 4(2 9a) CM Bintang May 3 Mar 90 M$14,337(M$7.596) 5(4) SfH Apr 27 Feb 90 $84.977($60.194 8(8) Cantos Apr 27 Jan 90 $33.904($30.676) M Glass Apr 24 Jan 90 MR847(M}4.555)
      126 words
    • 215 18 May 4 Rett Group Sdn M has acquired the entire equity of Jaguh Mutiara Sdn Bhd, which is the beneficial owner of 55 million ordinary shares in Hume Industries. II wf 2 biter-Pacific hdntrW Qreup Bhd has sold its entire 6.9% stake in Heilig-Meyers, a company listed on
      215 words
    • 521 18 11m■Pin Stocks Lm* FmM Yur Omvm Med Ml Taar M BW Ones mutM vxfcx (COTb) t»t rt* (TOM) MI Mem Ian 27 Jun 90 1696 100 0 516 Mm Fnal Feb 28 Nov 89 391 10.0 11.728 Mm Mi Final Mar 27 Dec 89 3,4711 Lmm feat Intenm
      521 words
    • 302 18 Company Rights Issue April Or* tor one $185 per share Ei -date Apr 23 Books Close May 7 Acceptance A Payment NYA Lngu One-tor-one <& M$0 70 per share Ex-date Apr 9 Books dose: Apr 24 Acceptance t Payment Jun 12 MC8 Mrigs Three-tor tore fe, MSI 15
      302 words
    • 318 18 Company Rights Imw p n r tov Capita) reduction scheme to reduce par value ot stares from SI 00 to SO 60; fcghts issue of 3:2 fe SO 60 per stare F AC8 One-tor-one fe MSO 50 per share Fiber Merti One-tor-one MSO 25 per share. Mowed by
      318 words
    • 622 18 BONDS, LOANS WARRANTS fi j Cminlii pthU C—torri— tana lww» iifcaij atora Canaaiy loan r m 2/10/89 to 20/10/94 1 warrant pto 11 call or 1 aara* pte 11 nominal amount ot loan stock Qwltiilto Qmm H* I* torch 87 to 31/12/91 1.55 warrants pto 11.56 cart. (to tto MM
      622 words
    • 145 18 RECORD HIGHS LOWS BT Composite Index ST I nd u s trial« 1ihI« 1990 N* 1402 22 (6/2/90) [»J jj* 2 (2^® J 1990 tow: 1254 18 2/5/90) »J JgjJ 19«9heh 1322.00 (28/12/89) »J* (4/1/89) 1989 tow: ***** (4/1/89) }J® Sr 177 87 8 8/88 1988 htfv 1043 86 (8/8/88)
      145 words
  • Page 18 Advertisements
    • 41 18 ESSO VISBREAKER DEDICATION CONGRATULATIONS, ESSO, ON THIS AUSPICIOUS DAY Windmill International Re Ltd (A member of the Inno-Pacific Group) 141 Market Street, #05-00 Inno-Pacific Building, Singapore 0104 W W Tel: *****54. Fax: *****29. V J Telex: RS ***** Winmill. Cable: "WINDMILLCO".
      41 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3716 19 MBT Bernama SHARE PRICES on the Kuala Lumpur stock market closed easier yesterday on profit-taking and a lack of follow-through support. The lack of interest to trade was reflected in the business volume which shrank to around 40 million units. Dealers said the market
      MBT; Bernama  -  3,716 words
  • Page 19 Advertisements
    • 167 19 I Amroßank t 1 FirstCitytexhs. I It J NZI Bank Limited Singapore Branch HERE ARE THREE MORE RESPECTED NAMES WHO COUNT ON THE FIRST NAME IN DEALING ROOM SYSTEMS. That name, of course, is V. Band. The undisputed choice for trading and dealing room communications systems worldwide. V. Band users
      167 words

  • TOKYO STOCK EXCHANGE
    • 2232 20 Reuter AFP TOKYO STOCK prices closed firm overall yesterday but well off their highs after late profittaking. The market rose most of the day on a stronger yen but the indices retreated as index arbitrageurs unwound long cash positions and fund managers
      Reuter; AFP  -  2,232 words
  • STOCK EXCHANGE OF HONGKONG
    • 2537 20 Reuter HONGKONG stocks yesterday had their best day in weeks, responding to good news out of China by closing sharply higher in active afternoon trade. China announced it released 211 people imprisoned after last year's student-led demonstrations. "The news itself is worth
      Reuter  -  2,537 words

  • REGIONAL STOCK MARKETS
    • Aussie stocks end weaker but off lows
      • 1162 21 AUSTRALIA'S sharemarket yesterday closed marginally weaker but off its lows in another day of lacklustre trade. The All Ordinaries Index ended 3.0 points down at 1,473.6, with blue chips losing ground. Resources stocks made modest gains as the Australian dollar weakened. The April labour statistics showing a rise in
        1,162 words
      • 660 21 THAI STOCKS slipped on profit-taking yesterday on construction issues in a technical correction following Wednesday's hefty index rise. The composite SET Index lost 4.39 points to close at 870.74. Turnover stood at 19.396 million shares valued at 2.6 billion baht. Share prices fluctuated sharply throughout the session. "Many investors
        660 words
      • 497 21 MANILA shares closed lower yesterday on cautious selling by traders who wanted out of the market before talks on the future of US military bases in the Philippines open on Monday. "There was an air of pessimism on the floor," said Jo-Ann Bueno, a trader at Pryce Securities Inc.
        497 words
      • 797 21 SEOUL STOCKS plunged across the board yesterday as nationwide anti-gov-ernment protests on Wednesday night unnerved investors. The Composite Index closed at 771.76, down 21.6 points from Wednesday's finish. Turnover was a low 145.4 billion won compared with 214.9 billion in the previous session. "The already battered investor sentiment is
        797 words
      • 370 21 TAIWAN stock prices ended sharply lower yesterday after panicked investors. frightened by different rumours, rushed to sell their holdings. The weighted index lost 496.26 points, or 5.6 per cent, to close at 8,426.41. Turnover was NT595.6 billion against NT596.9 billion on Wednesday. Dealers said investors grew nervous in the
        370 words
      • 314 21 THE NEW ZEALAND share market ended lower yesterday on continued high overseas-driven volumes, but sentiment was mixed as brokers awaited last night's 30-year US bond auction and its effect on Wall Street's performance. The Barclays Index fell 12.88 points to 1,710.12. Total turnover was 12.4 million shares worth
        314 words
      • 40 21 BOMBAY share prices closed mixed in end-account trading yesterday, although market sentiment continued to be strong. A few leading shares suffered losses on profit-taking. The Bombay Stock Exchange index fell to 779.50 points and the national index to 420.65.
        40 words
      • 768 21 Close Previous May 10 May 9 SYDNEY Ail Ordinaries Index 1,473.6 1,476 6 -3.0 All Industrials Index 2,286.5 2,294 3 -7.8 All Resources Index 852.3 852.1 +0.2 Turnover (million) 83.65 82.14 +1.51 BANGKOK SET Index 870.74 875.13 -4.39 Turnover (nearest 000) 19,396 19.315 +81 JAKARTA Composite Index Closed ***** Turnover
        768 words
  • Page 21 Advertisements

  • WORLD STOCK MARKETS
    • Late rally pares down Wall Street's loss
      • Article, Illustration
        1048 22 US BLUE CHIPS regained ground in late trading on Wednesday on a well-re-ceived US Treasury 10-year note auction, but the rally fell just short of pushing stocks into the plus column. "The 10-year auction, which everyone was positive was going to go poorly, went very well and that's
        1,048 words
      • Article, Illustration
        798 22 LONDON share prices were slightly lower at midday yesterday, with a bearish statement from one of Britain's largest companies casting a pall over the market. GKN pic, a British automotive parts manufacturer, said it has suffered a decline in pre-tax profit for the first four months of the year
        798 words
      • 344 22 DUTCH shares eased in quiet midsession trading yesterday, extending Wednesday's retreat on a lower dollar despite a brief rebound of the US unit. Blue chips were all lower, led by Philips which fell another 1.10 guilders to 30.80 as the stock still suffered from last week's meagre first quarter
        344 words
      • 194 22 WEST GERMAN shares ended mixed yesterday as small buy orders came into the market late in the session, partially reversing losses recorded in early trade. The 30-share DAX Index ended 3.16 points lower at 1,893.42, after slipping as low as 1,882.71 soon after opening. Dealers said the recovery came
        194 words
      • 212 22 MILAN stock prices yesterday opened little changed from Wednesday's closing levels, and Fiat ordinary and preferred shares fell further. "The market's underlying tone is weak without any direction," one operator said. The MIB Index was unchanged at 0930 GMT, with 50 per cent of closing prices fixed thus far.
        212 words
      • 203 22 FRENCH share prices were down at midsession yesterday, continuing the profit-taking on recent gains that has been a hallmark of the market for the last week or so, dealers said. Overseas investors were principally behind the sales, they said. The CAC-40 Index was 13.18 points lower at 2,090.51 at
        203 words
      • 372 22 SWISS shares continued Wednesday's advances and traded markedly higher at midsession yesterday, led by banks, insurers and chemicals, dealers said. The all-share SPI Index rose 19.8 points or 1.82 per cent to 1,105.8 while the SMI Index of leading shares added 44.3 points or 2.72 per cent to 1,674.2.
        372 words
      • 365 22 GOLD SHARES in Johannesburg were steady at firmer levels at noon yesterday after Wednesday's setback, but trading was quietly cautious amid continued concern about the bullion price despite its slight recovery to above US$37O, dealers said. The dollar weakened again overnight but the gold price was still struggling to
        365 words
      • 218 22 TORONTO stocks on Wednesday rose 26 points on higher commodity prices and in anticipation of another bond refund in the US yesterday. "(The bond issue) is going to be another big deal," said Don Vialoux, a vice-president at Richardson Greenshields Canada Ltd. The Composite Index rose 26.03 to 3,464.00
        218 words
      • 209 22 May 9 Close Previous NEW YORK Dow Jones 2,732.88 2,733.55 -0.67 NYSE Financial 139.46 139 57 -0.11 SAP 500 342.86 342.01 +0.85 Turnover (million) 152.0 145.0 +7 LONDON Financial Times 30 1,695.6 1,710.1 -14.5 FTSE 100 2,162.7 2,182.0 -19.3 Turnover (million) 425.8 309.0 +116.8 AMSTERDAM CBS General 192.7 194.2 -1.5
        209 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1161 23 REPORTS THE US dollar yesterday ended firmer in Tokyo, mainly on a late-aftemoon flurry of short-covering that was widely labelled a short-term technical correction. "There's profit-taking across the board," said Soichi Ushijima, assistant general manager at Bank of Yokohama. "After volatility, Tokyo is
      1,161 words
    • 405 23 NYT THE US Treasury sold US$lO.5 billion worth of new 10-year notes on Wednesday, but interest rates had to move higher to accomplish the task. Anxiety about the debt sale, the second leg of the Treasury's quarterly refunding auctions, and a slide in
      NYT  -  405 words
    • 1476 23 EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 90 91.42 91.44 9L42 91.43 2550 ***** 3364 Sep 90 91.26 91.27 91.25 91.26 4838 ***** 5954 Dec 90 91.06 91.07 91.05 91.06 414 3529 832 Mar 91 90.92 90.92 90.91 90.91 120 578 303 Jun
      1,476 words
    • 391 23 Cross rates m» y io USS S$ MS Dm Yen SFr AS NZS USS 1.8625 2.6950 1.6365 156.55 0.5970 1.4000 1.3280 1.7437 SS 0.5369 1.4470 0.8787 0.8405 0.3205 0.7517 0.7130 0.9362 MS 0.3711 69.11 0.6072 0.5809 0.2215 0.5195 0.4928 0.6470 Dm 0.6111 1.1381 1.6468 95.66 0.3648 0.8555
      391 words
    • 568 23 Interbank rates S$ Bid Offer Overnight 6 3/16 6 5/16 1-month 6 3/16 6 5/16 2-month 6 3/16 6 5/16 3-month 6 3/16 6 5/16 mode: 6-7/16 USS Bid Offer 7 days 8 1/8 8 1/4 1 month 8 1/4 8 3/8 2 months 8 5/16 8 7/16
      568 words

  • COMMODITIES
    • 256 24 Reuter THE Chicago Board of Trade (CBOT) and Chicago Mercantile Exchange (CME) assailed a Bush Administration proposal to shift stock index futures overseeing to the Securities and Exchange Commission, saying such a move would send futures business to overseas competitors. The
      Reuter  -  256 words
    • 268 24 NYT IN ITS opening argument before a packed federal courtroom in Chicago, the US government has laid out details of its case against three futures traders charged with routinely defrauding customers. The trial is the first stemming from the extensive undercover inquiry of trading
      NYT  -  268 words
    • 136 24 Reuter FUNDAMENTAL factors point to a bearish trend in the coffee market over the next few months and prices are likely to remain near or below the current trading range, broker E D and F Man said. In its latest monthly report, Man said seasonally low
      Reuter  -  136 words
    • 824 24 REPORTS THE price of tin on the Kuala Lumpur Tin Market (KLTM) rose three sen to close at M$ 17.08 per kg yesterday on reduced offerings from miners. Traders said the public holiday on Wednesday which saw some mines closed resulted in
      824 words
  • 1370 24 Rubber May 10 m(W>iMw) S cents/kg Noon Close Int I RSS Prompt 158.00/159.00N 157.7VI58.75N Int I RSS June 90 159.75/160.25 I59.5<VI60.00 Int 1 RSS July 161.75/162.25 I6I.75/I62.25N Int 2 RSS OP 152.00/154.00N 151.75/153.75N Int 3 RSS OP 146.50/148.50N 146.25/148 25N Int 4 RSS OP 142 50/144 50N 142.2V144.25N Int
    1,370 words
  • Page 24 Advertisements
    • 804 24 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND INTHE MATTER OF OAK CREEK REALTY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 300 of Hie I Companies Act Cap. 50, that i a Final Meeting of the i Members
      804 words
    • 802 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GREENVILLE DALLAS REALTY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Com partes Act Cap. 50, that a Final Meeting of the Members of
      802 words
    • 15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PACE
    • 924 25 Cfty Finn ETA ETD j UtOkaM SRI 87 1955 GA890 2240 FA970 2255 HMUH, SQ225 2215 RJ182 1445 RJ183 2320 tKL835 1415 KL836 2 n5 SQ23 1810 Qf 16 1820 GA890 2240 AUmm SQ31 0825 T~ 0A471 2205 |WH«nrt TE25 1800 BA11 1455 SQ338 1925 TE28
      924 words
    • 679 25  -  LETTER FROM DAMASCUS By John Baggaley NEAR the Biblical street called Straight in Old Damascus, a narrow, ornate door opens onto a richly furnished room. Soaring columns support a central cupola. A fountain gently plays. The perspiration running down the faces of the men
      679 words
    • 151 25 As at 3pm yesterdayLocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.402 1.422 Canadian dollar 1.580 1.600 NZ dollar 1.058 1.098 Sterling pound 3.1000 3.1200 US dollar 1.8600 1.8700 Local dollars to 100 uits of foreign currency Austrian schilling 16.00 17.00 Belgian
      151 words
    • 93 25 Duration Title Venue Otfaniaer Td Duration Title Venue Organiser Td May 4-13 Bordeaux France Foirc (33)*****555 May 15-18 Communications National Cahnen *****0 *90 International International *90 *90 Exhibition Exposition Fair De Bordeaux Centre Group Birmingham. May 13-1* The Options Inseads The Options 312-322-2574 England M 20 I30
      93 words
  • Page 25 Advertisements
    • 55 25 i£)n5on I hi t' 11 v |'i V. I' -.Ml I J'l'l.i ,UII I IKvl l\ I h ti r i v. n 11 i >1 > Mni'liv I living < luil;;i \irport it 22.h.nir\ rn! i> IK ithr.'w c.»rU iht UI..u 'U m.>rmn- I: I: i I I! OI
      55 words
    • 751 25 I I I Oversea-Chinese Banking Corporation Limited I I (Incorporated in the Republic of Singapore) I I Notice of Meeting I I Notice is hereby given that an Extraordinary General Meeting of the stockholders of the I I Company will be held at 65 Chulia Street #19-00, OCBC Centre, Singapore
      751 words
  • Page 25 Miscellaneous
    • 323 25 1 They lay out money for a poet's use 5 Read perhaps about the 9 Left people in tiny islands, U hh resulting in ill-health (8) P®r— 10 Concur when ordered to 12 I I I I I J j< Sum a rebel gathered to- flflf fljflH gether may be
      323 words
    • 212 25 Singapore Outlook: Fair except for showers om a few areas ia the afternoon. Report Max temp. 33.9"C Assoc humidity 50% Min temp. 26.3X1 Assoc humidity 89% Hrs of sunshine 10.55 Rainfall in mm Nil Rainfall this mth. 168.6 Rainy days this mth 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/09
      212 words
    • 44 25 EggJPBEBffIBTOEI who t« -rut chpp with his nUe. otuy Tro6.Noo sec fWfeRS -rJc aw fur Pce T oP w* o ijooks pis IF ON his DESK IS uwewHe-'S RiG&r «tucking )^WISHING gftguy HIS Houp*ys pe.ppig~iVrt6MT.... V li=3*\( C EVtmNG BTAMOARD CO. LTD I*2-1»*0 eifc
      44 words

  • 445 26  -  From Catherine Ong in HONGKONG MEDIA BARON Rupert Murdoch is planning to list the highly profitable South China Morning Post (SCMP) newspaper company on the Hongkong stock exchange, and in the process reap a huge return on his 1986 investment. Confirming an article
    445 words
  • 284 26 AP JAPANESE Prime Minister Toshiki Kaifu, calling for a radical revamping of his country's electoral system, yesterday said he would stake his career on a drive for "clean, easy-to-understand politics". Mr Kaifu spoke in a nationally televised news conference in Tokyo to
    AP  -  284 words
  • 278 26 AFP Reuter PRESIDENT Corazon Aquino is "more or less" ready to respond to anticipated proposals from Washington on its military bases in the Philippines when talks about their future begin in Manila next week, her spokesman said yesterday. Her official spokesman
    AFP; Reuter  -  278 words
  • 191 26 Reuter CHINA yesterday announced that it had freed more than 200 prisoners linked to last year's democracy protests, in what Western diplomats in Beijing see as a bid to ease tension ahead of the anniversary of the army's bloody crackdown.
    Reuter  -  191 words
  • 258 26 AFP SOUTH KOREA'S top 10 conglomerates yesterday said they will sell a total of 51.77 million square metres of land within the next six months. The chairmen of Hyundai, Lucky-Goldstar, Sunkyung, Samsung, Daewoo, Hanjin, Ssangyong, Lotte, Korea Explosives, and Donga Construction made
    AFP  -  258 words
  • 182 26 Reuter TAIWAN'S Premier Lee Huan and his Cabinet resigned yesterday. President Lee Teng-hui will appoint his chief military backer as prime minister in what analysts see as a dangerous political gamble. Mr Lee Huan, whose rocky year as premier
    Reuter  -  182 words
  • Page 26 Advertisements
    • 854 26 •7 gerald genra f/fs/r/r 1 \clusivel\ lit I ho Hour Glass IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FUCHS LUBRICANTS (SINGAPORE) PTE LTD (In Compulsory Liquidation) GENERAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 307 ot the Companies Act. Cap
      854 words
    • 178 26 ]*&_,)<.?(?=\'@\(/;%,=)}~}>$%}` i i IS THE NUMBER TO CALL WHEN J i YOU WANT TO RENT j£ j A CAR WORTH YOUR WHILE^^\ < 0 s AB CAR RENTALS PTE. LTD. j LENG KEE ROAD SINGAPORE 0315 FAX: *****80 TELEX: RS ***** JEEVES^j Washington, Manila prepare for tough talks, Pg 7
      178 words

  • SHIPPING TIMES
    • 416 27  -  Annual general meeting of Intertanko By Rahita Elias NATURAL GAS is likely to gain greater importance as an energy source in the next century as it becomes accepted as the cleaner alternative to oil, said a senior Statoil official. "Suppliers in
      SOURCE: World Energy Congress 1989  -  416 words
    • 248 27 THE Far East crude and products market will continue to grow strongly till the year 2000, given the region's booming economies, says a senior Shell Eastern Petroleum official. Mr Bert Lotgering, Shell's director, supplies trading, predicted that oil imports into the region are
      248 words
    • 313 27 SOUTH KOREAN carrier Asiana Airlines hopes to launch flights to Singapore, Hongkong and Taipei soon. Second to Korean Air Lines, the regional airline was on the itinerary of a high-level aviation and tourism team from Singapore which visited South Korea and
      313 words
    • 377 27  -  By Rodhiah Ismail PENANG AIRPORT needs to have more direct flight services if it is to become the air freight centre of Malaysia's northern region. Malaysian freight forwarders say insufficient direct flight services at the airport can hinder the industrial development programmes
      377 words
    • 450 27 MAERSK LINE is planning substantial investments in Thailand in cargo-handling, inland transportation and related facilities as well as a new corporate headquarters. Peter Miller, the general manager of Maersk's Bangkok branch, told The Nation newspaper that major investments slated to begin in 1992
      450 words
    • 411 27 SINGAPORE is looking very closely at becoming a signatory to the Fund Convention. Dr Yeo Ning Hong, the Minister for Communications and Information, revealed this at the Intertanko meeting. No other details were given. Under the Fund Convention, any company which receives oil in a
      411 words
    • NEWS SUMMARY
      • 41 27 AFTER 15 YEARS of losses, the managers of the financially strapped state-owned China Shipbuilding Corp expect it to break even next year thanks to rising foreign and domestic orders and new funding injections Page 2
        41 words
      • 45 27 AS DHL FIGHTS to retain its dominant position in the light documents market, the backing of three parents Japan Air Lines, Lufthansa and Nissho Iwai, the Japanese trading house will strengthen it in an increasingly competitive market Page 2
        45 words
      • 31 27 THE PHILIPPINES-Singapore (P-S) cable system now stands as the largest joint- venture project in international telecommunications between the two South-east Asian neighbours Back Page
        31 words
      • 36 27 TAIWANESE container carrier Evergreen has gone to the Federal Maritime Commission m hopes of getting a definite oiling regarding a "me-too" service contract it has been approached with. Back Page
        36 words
      • 25 27 IRAQI AIRWAYS is to buy five Airbus A-310-300 aircraft in a deal totalling about US$5OO million. Back Page
        25 words
    • LOG BOOK
      • 98 28 GENERAL Michel Aoun declared the seaports of Lebanon's Christian enclave off limits to all ships on Wedner lay in a bid to keep arms from reaching his rivals in the Lebanese Forces militia. A statement issued by Aoun's forces said: "The army command
        98 words
      • 62 28 GARUDA Indonesia will begin twice-weekly flights connecting Denpasar in Bali and Fukuoka in Japan this July. It is likely to use a DC-10 jet or an Airbus jet leased from Mexico, said Susikto, marketing director of the national flag carrier. According to the Jakarta Post,
        62 words
      • 77 28 MAYNE Nickless Ltd has purchased the Spanish transport company Transportes Helguera SA for an undisclosed sum. The purchase follows Mayne Nickless' recent purchase ot 70 per cent of Netherlands-based P Van der Heijden En Zonen (Vegel) BV. Mayne Nickless said the total price for both purchases
        77 words
      • 84 28 BILLIONAIRE Greek shipowner Panayiotis Tsakos is to visit the Philippines on May 12-19 to assess investment opportunities there, the Philippine foreign department said. Mr Tsakos is to call on President Corazon Aquino and other Philippine officials and look into possible investment opportunities in shipping, deep-sea fishing,
        84 words
      • 84 28 SWEDISH shipbuilder Kockums Marine AB has signed an agreement with West Germany's MAN Technologie AG, a subsidiary of engineering group MAN AG, for the development of a new submarine engine. The accord, in which Kockums is investing about 10 million crowns, aims to develop a
        84 words
      • 77 28 THE Japanese Transport Ministry has issued 41 shipbuilding permits of 1,226,446 gross registered tons (grt) in April, up sharply from 16 of 568,189 grt in March. This compares with 22 ships of 512,970 grt in April 1989. The level of grt topped the one million mark
        77 words
    • 664 28 With new funding injections and rising orders, China Shipbuilding Corp expects to break even for the first time. Things look bright for the Taiwanese shipyard Reuter AFTER 15 years of losses, the managers of the financially strapped state-owned China Shipbuilding Corp expect it to
      Reuter  -  664 words
    • 509 28 A three-party consortium has indicated a plan to jointly acquire stakes in DHL. The US$5OO million deal, almost certain to be signed soon, is sure to strengthen DHL in a competitive market. FT AS DHL fights to retain its dominant position in
      FT  -  509 words
    • 389 28 Carbon ZZ. 8—' ttmBflMm to*. >* U~ M/M M/ Euon Eixon KG/M-3* V/V IM/M %M/M PM method KG/M«3% V/V M/M M/M PPM method si] arts £~~£iT s hs s ***** 5T-T5 J j>« 40 8 I 0 180 Mai 9933 0 18 0 0.14 ~S 002
      389 words
    • 12363 36 This is a list of ships loading Atl at Singapore for ports around the world. It tabulates, by 15 destination, the name of the e < ship, the shipping line involved and the estimated V dates of arrival and departure Lu from the Port of Singapore. jg
      12,363 words
    • SHIPS IN PORT
      • 517 43 VtSMl toy No Berth Vriwil Departew Vessel Voy No Berth Arrival Departue Klpp<l Wfc irvcs Cosmic Pione 5 P3W 10.05/1800 1105/0600 Cosine Trade 8 K35 alongside 1005/1800 Deli Indah 9/90 P3W 10.05/1530 1105/0600 Dvyunshan 4/90 K29 alongside 12.05/0700 East Rainbow 10 P3W 1105/1200 1205/2300 Gedu 01/90 K31
        517 words
      • 1773 43 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Transtatwr Schedules Sty Yoy No Vt Date Tiro From To Booki* Gate Bfc Op GAi Amaka KCN005 13.05.90 1900 11/2000 11/2059 Portnet 2 J7 00 F05 12/0600 12/0629 NA 2 Antwerpen 247 12.05.90 2000 11/1345 11/1444 Portnet 2 Q9 00
        1,773 words
      • 332 43 Port Kl—t South Port Sea Pnncess berth 1; Bangramard berth 3; Bunga Gelang berth 4; Swee Ann Satu berth 7; Swee Long Satu berth 1 A. KCT: Perkasa berth 8; Maersk Falco berth 9; Sea Leopard berth 9; TSK Melody berth 10. North Port: Bangkhuntien berth 12;
        332 words
    • 850 43 SOVIET chartering was reported in the dry cargo freight market on Wednesday following recent grain purchases, brokers said. The Soviet Union has bought about 1.75 million tonnes of com in the past week from the US and bid for around 550,000 tonnes of wheat. Soviet operators booked several
      850 words
    • 364 44  -  From Al O Labita IN MANILA THE PHILIPPINES-Singa-pore (P-S) cable system now stands as the largest jointventure project in international telecommunications between the two South-east Asian neighbours. Costing US$55 million, it represents the first segment of an ambitious intraregional telecommunications system among Asean's
      364 words
    • 136 44 AFP IRAQI AIRWAYS is to buy five Airbus A-310-300 aircraft in a deal totalling US$5OO million. The airline's director general, Noureddin Safi, said in Baghdad on Wednesday that a delegation representing the Airbus consortium was expected in the Iraqi capital in the coming days
      AFP  -  136 words
    • 205 44 Reuter STATE-RUN Indian Airlines will lease around 15 aircraft to offset losses caused by the grounding of its fleet of Airbus Industrie A 320 planes. Senior Civil Aviation Ministry sources in New Delhi said on Wednesday that the government was considering leasing
      Reuter  -  205 words
    • 137 44 Seatrade Week ORIENT OVERSEAS Container Line has been allowed by the US Federal Maritime Commission to waive more than US$l million in freight charges due, ostensibly, on six shipments of clay that the line hauled last year. The shipments of bentonite clay were sent by
      Seatrade Week  -  137 words
    • 260 44 Reuter FINLAND'S Oy Wartsila Ab and Valmet Oy have rejected recommendations in an auditors' report that they should pay compensation of 2 billion markka between them in connection with the collapse of the Wartsila Marine Industries Inc shipbuilding company. Wartsila originally held
      Reuter  -  260 words
    • 346 44 TAIWANESE container carrier Evergreen has gone to the Federal Maritime Commission in hope of getting a definite ruling regarding a "me-too" service contract it has been approached with. Shipper Global International Transport, a New York-based consolidator, had asked Evergreen to give it the
      346 words
  • Page 27 Advertisements
    • 71 27 swk hhg mm co pte ltd IJ. TVJAS AVE 14. »WGAPO«E 22W TELE* «S ***** SHMCPL TEL: 861 5*55 (Sim, TELEFAX:MI 2Mt litiH. •<*"«»*«" i rmTT^ lonn# tcmm CCM 9rrn ÜBp c£tmnm "T&m% and Skj<H MR »m+ou- Trvx*« S-M.*. Cwmrm- •*rr»n P«*«» Tr«C*» rartaltr^ai gtmSH DESIGN INNOVATION i GERMAN OOAUTY
      71 words
    • 27 27 Container Schedule Darfy Fretfib Index to Advertisers 3 Shipping Guide 10,11 Slips m Port 1' Singapore Tides 1' Veritas bunker report 2 Weather and Sea Coodrtions 17
      27 words

  • Page 28 Advertisements
    • 133 28 NOTICE NOTICE I, Vincent Chan Eng Hwee of l/C No. *****66/F, hereby give notice that I have resigned on my own accord as Director with Corium Shipping Pte Ltd with effect on 30th April, 1990. I wish to take this opportunity to thank my valuable customers for the past support.
      133 words
    • 5 28 Each Weekend... EXECUTIVE LIFESTYLE effe
      5 words

  • Page 29 Advertisements
    • 1992 29 snipping limes, rnuaj JARDINE SH'PPIMC AGENCIES 200 Cantonment Road #1205 Southpomt. Sinppoft 0208 All If# Tel *****11 TELEX H *****1111 TERMINAL.CFS Til *****18 220 rfßAAAflrl BOOKINGS Tel *****34 235 L\h/J PESAKA JAROINE SHIPPING AGENCIES SWJ BHD PORT KELANG TEL: *****18 NO MAW;? MA«7OI ZSJmmSS PENANG TEL *****4 TELEX NO MA*****
      1,992 words
    • 1246 29 MDEX Page Col Page Col FT A Madju Sdn Bhd 16 1/2 Maersk Line 3 4/5 ABC Containeriinc 13 5 Mainfrnght 15 4 Accord Shpg 8 3-5 MISC 14 1-3 Albatros Sea-Air 14 5 M sia Shpg Corp 9 1/2 Alfred C Toepfer 15 5 Meng Horng Shpg 15 3
      1,246 words
    • 2115 29 VMIO Voy ETA I ETO 'Port DESTINATIONS Sinoapor* Kvlang Tim MM M *004 Fn» by IS/S 0400 HRS Faico t CTS 1«« 1800 MRS M Tauro OAK LGB MOU MEM ATL MIA CMS BAL PML NYC MON TOW METTE M 9004 tS/S 16/S SW |l2'S 2« Tff, 8/6 11/6 12/6
      2,115 words

  • Page 30 Advertisements
    • 1133 30 VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BERLIN EXPRESS 01/556 17/5 19/5 6/6 6/6 10/6 11/6 CARDIGAN BAY 96/557 17/5 12/6 5/6 8/6 4/# KURAMA 05/560 24/5 19/6 12/6 15/6 11/6 18/6 BENAVON 94/563 27/5 13/6 15/6 17/6 18/6 20/6 tokio PXPPFSS 93/562 31/5 26/6
      1,133 words
    • 523 30 SOUTH PACIFIC SERVICE SIN POM SUV PPT I SLA FLOREANA 24/6 11/6 21/6 28/6 niRFCT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 24/6 11/7 12/7 15/7 VS. JAYA: 03-*****25 JOHORE: 07-*****2 PENANG: 04-*****7 NORTHBOUND TO UKC S'PORE ROM/A DA* HBC HULL(U.K.) CLYDEBANK V 2SN I*s 14/6 2E TAMAITAI SAMOA
      523 words
    • 1370 30 &in REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE UAii DDr DnT 4NT VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LMA AL'GJ HAM) ROT) NORASIA AL-MANSOORAH 9010-3 12/05 16/05 01/06 03(06 05/06 07/06 08/06 09/06 10/06 11-06 JAPAN SEA 011W 11/05 22/05 09/06 11-06 13/06 15-06 16/06
      1,370 words

  • Page 31 Advertisements
    • 1657 31 SjgStGamers Maritime Holdings Ltd] W- -■> Djp.n anw STRAITS SHIPPING I f* mmiri ts Brsssl East Malaysia, I Containers ACCEPTS OIIE SAILS I Voy No S'pore P Klang S'ton H burf B tuvtnß 4am Left CARCO I msoga I 11,05 MiOt 2W JU® 24/06 03/06 MERCURY PEARL VO4E Kuch Sibu.
      1,657 words
    • 1598 31 TO: EUROPE TO: FAR EAST SP LN RDM HAM B'HVN FIX STORE HK RAO KOB BU HANJIN LEHAVRE 007* 12/5 30/5 31/5 1/8 4/8 5/8 HANJIN OAKLAND 007E 14/5 17/5 11/S a/S 24/5 HANJIN FELIXSTOWE 002* H/5 6,6 7/6 8/8 1W U/6 C MOV AUG SUCCESS 008E 21/5 31/5 1/8
      1,598 words
    • 352 31 SINGAPORE CALCUTTA I AND I SINGAPORE CHinAGONG I CONVENTIONAL SERVICE I EASTERN CAR LINER LTD IS PLEASED TO I ANNOUNCE THE LAUNCHING OF OUR NEW I AND DEDICATED CONVENTIONAL SERVICE I TO CALCUTTA AND CHITTAGONG I M.V. ASIAN STAR V.No. 113 J ETA SPORE 13.6.90 I WE WELCOME YOUR ENQUIRY
      352 words

  • Page 32 Advertisements
    • 591 32 A Joint Europe Sonrtco Of: I F.T. IMKMTA UOYD ft Willi UlYt Kt. SMMfM IMKMESIA P.T. THIKOM UOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY S PORE R DAM H BURG BRUKN ANTWERP ADAM BAAB ULLAH/22W8 0-38/5 27/t 2/7 5/7 10/7 L.J. BONTANQ2IWB »-»/l 21/7 W ll* V• FAST TRANSIT
      591 words
    • 701 32 HANJIN SHIPPING WW FULL CONTAINER SERVICE I <w. I 1.Ma.,. R dam H burs B h»v«fl Fitowe FEEDER VSL SIN LINE HAUL LA* OAK maniim IF HARVE 007W ST »S 1* W 4jC HANJIN OAKLANO 907E 10 M BUSAN OS2E M I*6 2 SI 7* M m 12/6 1W CNOYANC
      701 words
    • 1349 32 Ml SCP HKC use KIC PUS HKT OSK TYO BAL LMV AND *011 FU< H* SCP I EVER GREET 14/S 15/5 W W 2S/S Jtfi 38/5 l/» 4/6 2»/6 180 U/J W U0 W Jg I [lIS GOLDEN Z w w a/5 1* W w 11/6 7/7 g w w
      1,349 words

  • Page 33 Advertisements
    • 1539 33 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) BOOKINGS/ENQUIRIES: UK/EUROPE SERVICE *****19 yV AUST/INDIA/PAK SERVICE *****18 B USA SERVICE *****16 FAR EAST *****48 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 V NEPLINE SDN BHD MALAYSIA K.L. *****33, P.Kelang-*****87, Penang *****0, J.Bahru *****3, *****4 I OPE
      1,539 words
    • 1160 33 SINSOV 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 FOR WESTBOUND >tSStLS VOYACt Swlllt MHOWC VOYACf SWXC PKLAWC H»U»C B'HAVtW TICtUHY HOH AUTWCTP CAVtItOV MM OMft 1505
      1,160 words

  • Page 34 Advertisements
    • 1096 34 N. AMERICA-ATLANTIC COAST mUSUtf VOY *INDO 'PK/PNG [sCP LB CHLS NFK NYC HFX AMBASSADOR BRIDGE 28 14/5 15/5 17/5 9/6 19/6 21/6 23/6 27/6 NEPTUNE JADE 24 25/5 26/5 24 5 16/6 26/6 28/6 30/6 4ft OOCL FAIR 20 28/5 29/5 31/5 23/6 3/7 5/7 7/7 11/7 RAINBOW BRIDGE 24
      1,096 words
    • 751 34 ETD SIN (1 DAY) ♦(1 DAY) "I *(1 DAY) 1 18/05/90 PORT KELANG PENANG BANGKOK JAC Q UELINE TWICE/WKLY BOOKING CONTACT w ETO SIN (3 DAYS) (2 DAYS) (1 DAY) 16/05/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY aA TWICE/WKLY [TTD SIN (60AYS) Ml DAY) (4 DAYS) I I 17/05/90 BUSAN MANILA
      751 words
    • 314 34 Continental Pacific Shipping r J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR BYRON V SM SW SM SETE/RDM/ANT/FLU'UK ARBELA 13/5 IVS ZOU SETE/RDHANT/FLU/UK Loath Sabahilndonesia MULTIPORT AGENCIES (S) ®PTE. LTD. TEL: *****77 FAX: *****31 P.K. MULTIPORT SON BHD. TEL: 3M2M9 TLX: MA M 77« MULTRA PNQ
      314 words
    • 674 34 GOLDEN LINE IfXLVv GUAN GUAN SHIPPING (PTE) LTD %'TSVC. N 4 23. Ttlok Aytr Street SINGAPORE 01M TEL 5343 M (10 LINES) Fai: *****04 (CR No 1O1295S0000W) STRAITS/PERSIAN GULF SERVICE: Spore P Ketong Penang GOLDEN BEAR Colombo/Karadw/Oube. J7C May GOLDEN HARVEST Cotomto/Karadta/OutMi 24.71 Mjy CHINA SERVICE MIN FU Huangtu fuztiou
      674 words

  • Page 35 Advertisements
    • 1555 35 aggPff PACIFIC INTERNATIONAL LINES (PTE) LTD J PIL Building, 140 Cecil Street #0300, Singapore 0106. J I BANGKOK "I VESSEL VOV SIN JKT SIN VESSEL VOV SM BKKSi DELTA MAS 154S IJ/5 15/5 20/5 PEGASUS PROGRESS 616N 11/5 15/5 18/S EDEN 9013 10/5 11/5 23/5 KOTA NAGA 04N 14/5 17/S
      1,555 words
    • 1218 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQY SPORE PKLANG SHAMPTON HAMBURG BHAVEN R DAM LHAVRE Liverpool Bay' 98/555 Sailed irTpt 29/5 31/5 2/6 Berlin Express* 01/558 17/5 18/5 5/6 8/6
      1,218 words
    • 49 35 I m V I f WICHCgtHHgiKIHM SOHANA 038 HONG KONG 5/6 APIA (WESTERN SAMOA) 30/6 PAGO PAGO (AMERICAN SAMOA) 2/7 PAPEETE (TAHITI) 6/7 RAROTONGA (COOK ISLANDS) 9/7 NUKUALOFA (TONGA) 12/7 SAVU SAVU (FIJI) 14/7 SM CONNECTING FEEDERS FCL 11/6, tt/5 LCI: 2t/B AGENTS: BEN LINE AGENCIES (S) PTE LTD
      49 words
    • 255 35 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkok MERGUI V 99* 12/14 Itay DISCHG ONLY HPA-AN VI49W 1/11 MAY 11 PAGAN VIS6W 11/17 MAY HTONEYWA V255W 14/15 MAY J* THE BANK LINE (A service of Andrew Weir Shipping) \r SEMI-CONTAINER SERVICE U HEAVY
      255 words



  • Page 38 Advertisements
    • 702 38 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO UNITED KINGDOM NORTH CONTINENT EUROPE OUTBOUND SIN FLX BRE ROM ANT HBC RST PANAMA SCN WFOI2 13/5 06/6 07/6 09/6 10/6 10* T. WENDA 5W 23/5 16/6 16/6 11/6 AMERICAN SEN WFOlt 29/5 21/6 22/6 23/6 25/6 26/6 0 GROTEWOHL 4/90 6/6
      702 words
    • 1270 38 UKC CONVENTIONAL IaVKI Vessel P KLC PNG P G Loading far TONCCHUAN 30/3 Rotterdam/Antwerp YANGCHUAN 28/4 Rotterdam/Antwerp CHINA riJtL CONTAIN** MBYICM Vassal PKL PNC SPORE BKK HKG SHA QIN LYC WEI HE 50 27/3 25/3 31/3 6/4 10/4 YANG FANG KOU 125 31/3 2*3 5/4 11/4 19/4 20/4 Accepting FCL
      1,270 words
    • 339 38 SPOdC PHI PNC HKC INC BSN HAI riNC VOO4 It May KU, Ml, *U, OCEAN CROWN VOOl 1( «U r 17 Mjy II May 24 May M May fey SINGAPORE GLORT Vttft 25 May !i May 3 Jun 5 jun RAGNA V()» n May 27 May 2t May 1 Jun
      339 words
    • 558 38 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA EXCLUSIVE ROUTES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS I AFGHANISTAN I Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka iIRAN I:Djulfa, Astara ETD SINGAPORE 18/5, 23/5, 28/5, 5/6 lE. EUROPE I :To all inland points: Poland, Bulgaria, Czech, Hungary, Romania USSR, Finland
      558 words
    • 531 38 ASEAN PORTS ivcm |vov wm»o«t vmm I SIR! BHUM H6N Fri In Pt Mow H/5 PIYA BHUM 224N St 12/5 Tim 15ft J IRA BHUM* Q7N Mon 14/5 Thur 17/5 MAHA BHUM 09W Wad Mg Fri U/5 MEKHANIK KURAKO 09N Thu 17/5 Sun 20/5 SIRI BHUM 447N Fri 1»/S Mon
      531 words

  • Page 39 Advertisements
    • 1070 39 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 16/5 22/5 A VSL 22/5 28/5 (Conventional Service) ETA S PORE LOADING FOR BANGLAR SWAPNA 20/5 CTG.. MONGLA ETA S PORE LOADING FOR MV ALKINDI Sid Ummqasr/Baghdad HilliMlHifl <=> i,hi M:<K EAST MALAYSIA SHIPPING ENT. (PTE) LTD 41-A AMOY STREET,
      1,070 words
    • 182 39 |^2JTOB!nELn!IARINnfGENciE^S^T^^^I 3, TEL: *****33 (12 Lines) ZZI FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOAOtNG FOR SPORE ANDINET 19WB 14/05 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOPE>OAH ABTOT 21WB 15/08 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      182 words
    • 607 39 MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA i THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      607 words
    • 655 39 EtQD BAY OF BENGAL SERVICES MADRAS CALCUTTA KiiiH m SHI MA Sl» JORGEN VESTA 071*90 16/5 22/5 21/5 LEUVE 1124 14/5 240 01/6 JORGEN VESTA 03N» 21/5 03/6 01/6 LEUVE *125 04/6 01/6 170 JORGEN VESTA 04N10 01/6 150 210 LEUVE 1126 170 11/6 270 JORGEN VESTA 05M0 210 27/6
      655 words
    • 406 39 TO AUSTRALIA/NEW ZEALAND VSL Smypor. If r—ntH |MHtoufW«[S»«nn Pun*" l ANTWfAPIN HI lirt nfi Si IH TNT EXMtESS M Tit 1M 2» 27* V V i mm no n* w *P w w 9(1 mussci m Hii np 5» iw 1* DATS TO SYDNEY! TO USA/CANADA |S,n»»Of« |W Oftww lOMrtttOß
      406 words

  • Page 40 Advertisements
    • 1184 40 KHAC-NELS SINGAPORE'! hpobt tel *****22"! m?m TEL *****02 I i iB^ikJBS E^ N ?Kir Ti, L !m! KK TEL: (088) *****0 TAWAU TEL: (089) *****9 *F L NG I KLJ CHING TEL: (082) *****3 SKAN TEL: (089) *****2 Hi mm I SIBU TEL (084) *****2 LABUAN TEL: f 087 *****9
      1,184 words
    • 403 40 BLUE star line I SINGAPORE TO Hi 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 PL* AUCK LYT MANDAMA 057? 13 Mi, 23 May Via NPL
      403 words
    • 1131 40 /SEI THONG SOON LINES PTE. LTD. Sly I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) mmmmm Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ttlltL I V»Y lETD ID EST VESSEL IWT ETI KIT KIM SOON LI
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  • Page 41 Advertisements
    • 703 41 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCI/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang* Singapore SHAPLAEVERETT 20/22 May 23/25 May ROSEEVERETT 1/3 Jun 4/6 iun JOHNEVERETT 12/14 Jun 15/17 Jun "EVERETT ORIENT LINE" JAPAN/BAY
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    • 639 41 West Coait. CarribbMn.Ea«t Canada HAITI Guatemala and Hondo I VSL Is PORE [MAINLINER |LAX IKST SAV NYC HEX A VESSEL 12/5 ZIM GENOA W W W LEEWARD 11/5 ZIM KEELUNC 11/ i 27* W 2/7 4/7 ZIM MELBOURNE 24/5 ZIM IBERIA V'lt V UP W ZIM OSAKA ZIM NEW YORK
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    • 719 41 WSING KWANG HANG tiWfPUta TfUMMOKTATIOM (PTK) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENIINK 9/5 12/5 JENWEL 14/5 17/5 I VESSEL S PORE BANGKOK A VESSEL 12/5 15/5 A VESSEL 15/5 18/5 DESTINATIONS ETA SINGAPORE PORT KELANG 11 MAY MANILA 11 MAY HONG KONG, ALL CHINA PORTS 12
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    • 490 41 j?ERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PELOPOR 941 12/5 15/5 PRASETIA 93A 16/5 19/5 PELOPOR 942 19/5 22/5 PRASETIA 95A 23/5 26/5 TANTO UTAMA 75 '2/5 TANTO UTAMA 77 19/5 22/5 TANTO UTAMA 79 26/5 27/5 TANTO UTAMA 81
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    • 359 41 SIN FAIEAST 13/5 KEELUNG/KAOHSIUNG 13/5 BANGKOK 21/5 MANILA 12/5 JAKARTA 18/5 PORT KELANG/PENANG 18/5 BUSAN 18/5 TOKYO/YOKO/KOBE 14/5 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xmgang/Shanghai m EUROPE/UK 12/5 LDN/FLX/LVP/SOU 14/5 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 11/5 L.A./NYC/SFO 11/5 VANCOUVER/TORONTO/MONTREAL SIN AIISTBALIA/NEW ZEALAND 13/5 SYD/MELB/ADEL/FREM
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  • Page 42 Advertisements
    • 451 42 transintra I shipping (smapore) private limited Cargo bookings Tel: *****8 (5 LINES) A SRBIJA 18-20 MAY LDNG FOR BILBAO RJDAM BREMEN TBN INPORT HKG/TAIWAN (PROJECTS ONLY) ***** DWT TBN INPORT DIRECTION CONTINENT YICK HING EARLY JUNE HKG, KAO, TAICHUNG HEAVY LIFT VSL POSITIONS AVAILABLE FOR PROJECT CARGOES WORLDWIDE PLATOU PACIFIC
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    • 251 42 VSL DESTINATION ETA SIN PIYA BHUM 224N BANGKOK 12/5 •JIRA BHUM 0/N BANGKOK 14/5 MAHA BHUM 09N BANGKOK 18/5 MEKHANIK KURAKO »N BANGKOK 17/5 SO ORIENT 21R CEBU, MANILA 25/5 AKA BHUM 20S CEBU. MANILA 18/5 0 STRENGTH 23A KARACHI. BOMBAY 21/5 VEGA 13A KARACHI. BOMBAY 15/5 JENLINK 08N JAKARTA
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    • 296 42 /feng ADKRIS BUSINESS IFm CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT. ALL HEAVY LIFT WELCOME. M.V.'DAGOHOY* 06/90 25TH MAY MANILA/BISLIG METTE CLIPPER' IN PORT BISLIG M.V.'DAGOHOY' 07/90 IST JUNE MANILA GENERAL ACT CALSOURCE SHIPPING TRADING PTE LTD. 63 ROBINSON RD. #05-01
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    • 326 42 V LCL/FCL SERVICE 7XUSA/ST7/A/AT Pf/i PENANG KL: allied-link SINGAPORE: 04-*****2 *****8955 778 *****2 lines SEFA Mario* Otvo Suaan N®/ChrteMna CMm AHc* YteMitr Yao I Straits Container Agencies (a member ot Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY SPORE JAKARTA DELTA MAS 153N/154S 13/05 16/05 EDEN 9013 16/05
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    • 172 42 VESSEL SIN PTL DSN RBV ALS STRENGTH VOY 12AW 29/06 09/06 14/06 19/06 ALS ENDEAVOUR VOY 14W 08/06 19/06 24/06 TBN VOY 15W 19/06 30/06 05/07 Accepting FCL tor Johannesburg RBY D6H m S* «I BUS I ALS TRUST VOY 08E 28/04 06/05 11/05 21/06 30/05 04/06 OHFU VOY 09E
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  • Page 43 Miscellaneous
    • 567 43 TIDES AND WEATHER i ii m ii hi .11.111 i| ii i ■»!> HiijiiißliHWWWMWli'WWliiiWf "li< TODAY'S TIDES (lw#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 *****100 ***************01C00 **********00 2000 2100 2200 2300 id 30 28 23 17 11 07 05 04 0.6 1.0 1.6
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  • Page 44 Advertisements
    • 289 44 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement on the right! PAKISTAN NATIONAL -fSBy SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANG SHALAMAR 13-15/5/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK 7WN S.KOREA JAPAN VESSEL
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    • 543 44 MERCHANT MARINE CO- LTDEASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HUG SIN HYUNDAI EXPLORER 31E 11(05 17/05 04/06 07/06 10/06 HYUNDAI INNOVATOR 31* 16/04 19/04 22/04 10/05 1705 HYUNDAI COMMANDER 17E 18/05 24/05 11/06 14/06 17/06 HYUNDAI EXPLORER 3WI
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    • 453 44 Call *****58 or Fax *****82 SINGA PUMP SERVICES PTE LTD RENTAL AND SUPPPORT SERVICES P Fcccs T a-•-v Ho H- T C •.'C Ec. EMERGENCY RESPONSE SEP. .'ICES PC R TACKlING Afi LIQUID CARGO PROBLEM H q* T'a-s'c P..-0 .1 Rc -ca* -a C- a- -q UK/CONTINENT (TRIO) berlin express
      453 words