The Business Times, 14 May 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 BUSINESS TIMES MCI (P) 170/12/89 Monday May 14 1990 75*
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  • NEWS SUMMARY
    • 74 1 THE THREE Baltic republics have closed ranks and appealed for international support for their drive for independence from the Soviet Union, but there are signs that they are on their own. At a meeting at the weekend, the presidents of Latvia, Lithuania and Estonia
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    • 39 1 INFORMATION technology in Singapore is expected to be used by at least 79 per cent of all companies with 10 or more employees over the next three years, a government survey has found Page 2
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    • 20 1 SINGAPORE will be the regional distribution base for Steven Jobs's latest computer creation, the NeXT workstation Page 2
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    • 26 1 THIS YEAR will be a difficult year for the Philippines because of persistent political and economic weaknesses, a report says Page 9
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    • 20 1 A JAPANESE government report has called for a bigger international role for the country Page 10
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    • 26 1 THE TWO Germanys have drawn up a draft treaty to combine their economic and monetary systems at the beginning of July Page II
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    • 34 1 MORE THAN any other conductor in this century, Arturo Toscanini, raised the standards of orchestral playing to giddy heights which none has surpassed, and few, if any, have equalled since Page 17
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    • 23 1 SINGAPORE has raced ahead of Hongkong to become the world's No. 1 container port. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 24 1 ACMA Electrical Industries has acquired a 68 per cent stake in a listed Australian computer company for Ass million Page 3
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    • 35 1 MALAYSIA'S Federation of Public Listed Companies has suggested that the number of "misplaced" KLSE share certificates, which has been reduced to 8,474 as at May 11, be declared as lost Page 3
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    • 36 1 TIME Engineering Bhd has entered into a conditional sale and purchase agreement to acquire a 37 per cent stake in Antara Steel Mills Sdn Bhd from Bank Pembangunan Malaysia Bhd Page 3
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    • 14 1 METAL CONTAINERS' silence on its three-week suspension is deafening Page 3
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    • 21 1 DUBAI crude futures are expected to face several hurdles before their launch on Simex and IPE Page 7
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    • 12 1 HONG LEONG Finance is seeking new pastures. Page 7
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    • Article, Illustration
      27 1 Friday Change BT-MGA 773.72 +5.71 Kuala Lumpur ....555.26 +3.06 Hongkong 2,960.46 -24.96 Tokyo 31,512.14 +531.88 Sydney 1,484.7 +11.10 New York 2,801.58 +63.07 London 2,175.9 +18.90
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    • 23 1 Exchange rates USS S$ 1.8560 Yen (100) SS 1.2072 MS SS0.6893 Money market rates Overnight 6 1/8 -1/16 3-month 7 3/16% unch
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    • 16 1 Rubber S'poreJune. l59.50Vkg -1.50 M'sia June 229.00*/lcg -0.50 KL Tin Turnover tonnes Spot MSI7.20/kg +0.12
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  • 421 1  -  By Anna Teo IN LINE with developments in Britain, the Institute of Certified Public Accountants of Singapore (ICPAS) is looking into the issue of corporatising accounting firms, currently all sole proprietorships or partnerships. A five-member ad hoc committee has just been formed to study and
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  • 427 1 AFTER THREE YEARS of deliberation, the local accounting profession is set to implement peer review, a self-regulatory system of quality control checks on public accounting firms. While no time frame has been set, accountants expect the programme to be introduced "soon", initially on a
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  • 474 1  -  By Amy Balan A GROUP of prominent industrialists, entrepreneurs, bankers, politicians and technologists are putting their experience and connections to good use in a new venture capital fund aimed at Singapore and the region. Arrow Asia Ventures Ltd (AAV), which is open
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  • 461 1  -  From P S Nair in KUALA LUMPUR I THE UMNO-BACKED Fleet Group is taking steps to re-organise its mammoth business empire. As a first step, Fleet Holdings Sdn Bhd, a 100 per cent Umno controlled company, is cxpected to appoint two accountants to
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  • 194 1 Bernama THE MALAYSIAN and Singapore governments will not bear the cost of developing the proposed second link between the two countries because it is entirely a private project, Malaysian Works Minister Datuk I>eo Moggie said yesterday. He said that the question of cost-sharing
    Bernama  -  194 words
  • Page 1 Advertisements
    • 408 1 L i fi-tttf I Singapore Kuala Lumpur Jakarta Bangkok Hong Kong A HESITANT REVOLUTION 12 TRADITION ALIVE AND WELL IN FRANCE 13 PREPARING FOR AN OVERSEAS POST 14 CONTENTS Aircraft Schedule 27 Arts 17,19 Commodities 26 Cryptic Crossword 27 Enterprise Mgt 13,14 Financial News 7 Futures A Options 25 Interbank
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    • 181 1 The best just keep getting better... and better... 1 I MAGAZINE I I 1 1 brother B6M Business Sustoms 743-aooo v' RELAX IN JAL'S NEW EXECUTIVE CLASS. JAL knows how important a Economically designed to relaxing flight is if you want to cradle you in comfort, each seat arrive feeling
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    • 6 1 UEM in option deal, Pg 3
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  • HOME NEWS
    • 395 2  -  By Walton Morais INFORMATION technology in Singapore is expccted to be used by at least 79 per cent of all firms with 10 or more employees over the next three years, a government survey has found. The latest National Computer Board survey, covering 3,139 firms
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    • 310 2 NeXT stop for Jobs's creation Singapore SINGAPORE will be the regional distribution base for Steven Jobs's latest computer creation, the NeXT woiicstation. Canon Inc, which has a US$lOO million stake in the Apple co-founder's latest venture, has picked the Republic as the launching pad for sales in South-cast Asia. "Singapore
      310 words
    • 292 2 ABOUT 20 people gathered at Ponggol Point early yesterday morning to have a go at water-skiing compliments of Business Times. Representing about 14 advertising agencies, they were participating in the first ever BT-organised water-skiing course for beginners. Because of the overwhelming response, the organisers decided
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    • 254 2 FOR SINGAPOREANS to appreciate each other's cultures, a single cultural month for all groups should be held instead of three separate functions, said Senior Minister of State (Education) Dr Tay Eng Soon yesterday. Speaking at the National Junior College's 21st College
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  • Page 2 Advertisements
    • 109 2 Lufthansa's Asian Commitment: We link Singapore to over 180 destinations. Worldwide. tip VOL mM w >Jk J" k J| Wf mm- fr-' I 5 V JK| I Lufthansa's global route network is bigger and better than ever. With it. we give you efficient detailed monitoring of all shipments On state-of-the-art
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    • 154 2 I iifiiNiil 16-19M/#1990 I 17 British companies will exhibit H H this week at the Bth South East Asian International Building Exposition (SIBEX '90) at THE WORLD TRADE CENTRE, J In hall 4, British Pavilion Jj High quality British products and services for the building and construction industry will include:
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 492 3  -  By William Chia ACMA Electrical Industries, now under the Lityan group, is acquiring a 68 per cent stake in a listed Australian computer company for Ass million (557.05 million). Acma announced over the weekend that it has through its newly acquired subsidiary,
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    • 408 3 Bernama UNITED ENGINEERS (M) Bhd, which reported a group pre-tax profit of M 561.17 million for the year ended Dec 31,1989, has entered into an option agreement to acquire a 50 per cent stake in Ho Hup Construction Co Sdn Bhd. A
      Bernama  -  408 words
    • 514 3 Bernama MALAYSIA'S Federation of Public Listed Companies (FPLC) has suggested that the number of "misplaced" KLSE share certificates, which has been reduced to 8,474 as at last Friday, be declared as lost. FPLC president Tunku Naquiyuddin Tuanku Jaafar said that a decision had
      Bernama  -  514 words
    • 482 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh THREE WEEKS have gone by since Metal Containers was suspended "pending discussions" and its minority shareholders are no closer today to knowing what is happening in the company. That something was brewing was evident
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    • 283 3 MBT TIME Engineering Bhd has entered into a conditional sale and purchase agreement to acquire a 37 per cent stake in Antara Steel Mills Sdn Bhd (Antara) from Bank Pembangunan Malaysia Bhd. The acquisition is being made through its newly acquired subsidiary, Toplink
      MBT  -  283 words
    • 282 3 ACMA Electrical Industries is selling its leasehold land and building in Jurong to Keppel Corp for $14.20 million. Acma announced over the weekend that it has reached in-principlc agreement with Transware Distribution Services, a subsidiary of Keppel Corp, on the
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    • COMPANY BRIEFS
      • 125 3 SHAREHOLDERS of Datuk Keramat Holdings Berhad will benefit from the settlement between the International Tin Council (ITC) and its creditors, reached earlier this year after a protracted dispute which included hearings in the English courts. Datuk Keramat Holdings has declared a special dividend of 12
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      • 85 3 SUNGEI WANG Plaza Sdn Bhd, which manages 700 shop lots at the Sungei Wang Shopping Complex in Kuala Lumpur, has come to an agreement with operators of the shop lots on the service charge. Its chief executive, Mr Michael KC Yam, said the company proposed to
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      • 134 3 MALAYSIA BRITISH ASSURANCE has reported a 71 per cent drop in group pre-tax profit to M 51.26 million for the year ended Jan 31, 1990. This was despite an 18 per cent improvement in turnover to M 554.21 million. Investment income amounted to M 54.08 million
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      • 120 3 TIMAH LANGAT expects results of the current financial year to be lower than the previous year due to the weak tin market and the fact that mining is still the largest contributor to the company's performance. Chairman Datuk Ahmad Razali Mohd Ali in his 1989
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      • 77 3 GOODWILL INSTRUMENT (M), which manufactures electronic testing instruments, plans to manufacture closedcircuit television systems and amplifiers. Director Lim Ching Chang said the plan is in line with the company's expansion programme. He told a news conference in Penang that the plant for producing the equipment will be
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  • Page 3 Advertisements
    • 155 3 Jll^^^BT^ M AJuLUalßK^^^T^y^^^^yTiy^»AH fcrg Eimar Ovena wthhsi 897 Moke* SWOwusViokr When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize. I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And Ive reached the point of Delirium. CONCORD. THE CONCORD
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIERS
      • 88 4 SWEDISH TELECOMMUNICATIONS company Telefonaktiebolaget LM Ericsson said it won a 420 million crown order for mobile telephone exchanges from Taiwan. The order would more than double the capacity of Taiwan's mobile telephone network to 110,000 subscribers, a statement said, adding that it was Ericsson's
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      • 145 4 THE CAPITAL MARKET Executive Authority has ruled that shares traded at the regular market in denominations of 500 shares cannot be further broken into smaller lots. The ruling, issued on Friday at the Jakarta Stock Exchange (JSE) which the authority oversees, also allowed smaller share denominations
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      • 101 4 MALAYSIAN-CONTROLLED Ashton Mining has pledged not to process Western Australian metallic elements outside the state if it succeeds in taking over the local firm Carr Boyd Minerals. Sir Eric McClintock, a spokesman for Ashton's major shareholder, Malaysia Mining Corporation, said the suggestion of overseas processing was
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      • 111 4 A SOUTH KOREAN COMPANY is to ship care and construction equipment to the country's bitter enemy North Korea for the first time, Seoul's Unification Ministry said on Saturday. A spokesman said the country's biggest conglomerate, the Hyundai Group, would ship two cars, a bulldozer, a
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      • 88 4 GROUPE FRANCOM, a major French public relations firm, is to open a branch office in Bangkok to open up business in the rest of Asia. The new branch office, recently registered as Fran com Asia, will also be the first major continental European PR
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    • 537 4 Reuter FAILURE OF a public offer to sell 46 million government shares in three state-run commercial banks is expected to delay Taiwan's efforts to privatise its state firms, bank officials and stock analysts said. "The offer is a total failure," said Huang Feng-yi, manager of the
      Reuter  -  537 words
    • 159 4 Reuter NEW WORLD Development Co Ltd is raising a HKSSOO million loan to finance a privatisation plan for New World Hotels (Holdings) Ltd, sources with the loan arranger Wardley Co Ltd said. The three-year loan will be a small syndication and is expected to carry interest
      Reuter  -  159 words
    • 329 4 AFP JOHN ELLIOTT'S Elders I XL Ltd appeared to have struck problems in its restructuring plan with the announcement over the weekend that it was rethinking the proposed float of Elders Agribusiness. Directors said in a statement that the diversified brewing, agricultural and industrial group was
      AFP  -  329 words
    • 255 4 FT JARDINE MATHESON, a leading Hongkong trading company, strengthened its insurance against interference by China after the colony's change of sovereignty in 1997 with plans to list its shares abroad, initially in London and Luxembourg, and later in the US. It also proposes
      FT  -  255 words
  • Page 4 Advertisements
    • 149 4 l >> I" i t —w;,.- s-.-- j»- -y*r twiii'i -*>t— »>v i"T>' Fqi > ->r—- -v* T <*" J1 »■>! I>i»„.. jc»*, |i 10* II* -m *i ■< hmhhhmmhhhhhk. IMHIHHHHIH P! I# 1 r,^l .4 Bfr r I, s ?>-£" Hi V Ik. _tJ V i i mill MrM[l
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  • Page 5 Advertisements
    • 182 5 Singapore Technologies Holdings Pte Ltd (Formerly Sheng-Li Holding Co Re Ltd) Singapore Technologies Holdings is the new name for Sheng-Li Holding. Our group of companies has been servicing Singapore for the past two decades. Singapore Technologies' diversified companies conduct an impressive range of high-tech engineering and manufacturing activities and are
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 110 6 ATLANTIC RICHFIELD CO and Texaco Inc have both notified the US Interior Department they plan to drill exploratory wells offshore Alaska, a government spokeswoman said. Texaco plans to drill on 13 geological prospects, with exploration to start next year, said Robin Cacy, a
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      • 84 6 SAUDI ARABIAN Oil Minister Hisham Nazer says his country plans more joint oil ventures in the United States and other countries. He was speaking on his return from New Orleans where he visited refineries and outlets of Star Enterprise, a joint venture between Texaco Inc
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      • 91 6 LEADERS of the Senate Banking Committee have asked the US Treasury whether Drexel Trading Corp, the commodity subsidiary of Drexel Burnham Lambert Group Inc, violated any statutory or regulatory requirements. Democratic Senator Donald Riegle, committee chairman, and ranking Republican member Senator Jake Garn asked Treasury Under
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      • 149 6 BOC GROUP, the British-based international industrial gases and health care company, turned in a 12 per cent pre-tax interim profits improvement to £170 million. Earlier this year the company announced plans to float separately part of its health care division on the US stock market
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      • 97 6 THE FRENCH construction group Bouygues has become the largest single shareholder in Banco Central, Spain's second largest banking concern, boosting its stake 3.5 to 4.5 per cent. The announcement came just days after Cartera Central, a Spanish investment company, agreed to sell its 12.5 per cent holding
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    • 269 6 AFP BRITISH pharmaceuticals group Wellcome said it was abandoning development of its version of the heart attack drug TPA, subject of a dispute with US firm Genentech which says it holds exclusive patent rights to the item. Wellcome's decision to abandon development of the
      AFP  -  269 words
    • 688 6 NYT AFTER ALMOST a decade of having its bottom line stuck in the doldrums, Deere Co, the diversified farm equipment and financial services concern, has begun a strong recovery that, if history is a judge, should last for several years. This new strength has caused a
      NYT  -  688 words
    • 547 6 NYT JUST A HANDFUL of the US's 900-plus stock funds grab the lion's share of investor interest. But some small funds quietly go about their business cranking out top-notch returns for a lucky few investors. "There's a real difference between recognition and
      NYT  -  547 words
    • 252 6 AFP THE BRITISH-FRENCH consortium charged with building n tunnel under the English Channel tins asked Japanese banks to extend a further US$736 million to fund the project. The fresh funds were to be part of a US$4 billion package of new credit that Eurotunnel has said it
      AFP  -  252 words
    • 339 6 Reuter THE EUROPEAN Community's competition watchdog, Sir Leon Brittan, is likely to ask French car maker Renault to pay back more than six billion francs (US$ 1.1 billion) of state aid, an EC spokesman said. The spokesman was responding to French newspaper
      Reuter  -  339 words
  • Page 6 Advertisements
    • 184 6 OUB Commercial Property Loan The first step to buying your own business premises At OUB, we understand the difficulties of starting your own business and the major decision you have made to finally purchase your very own premises. Which is why we can help you with the OUB Commercial Property
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    • 55 6 YOUR PRIVATE JET ANYTIME, ANYWHERE... a jßjfclSfL '4?js3 I v*?Uv-?£ v B wj^aSL^^SS^Hr^'' CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can also arrange for Trading, Leasing and Management of business jets. 20 Kramat Lane #04-07 United House Singapore 0922 Fax 65-*****39 A member of
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 115 7 STANDARD CHARTERED, one of the British banks most strongly involved in Asia and the Pacific, said last Friday it had received authorisation to open a representative office in Vietnam. The office would open in Ho Chi Minh City in July. Standard Chartered was
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      • 101 7 POLICE have arrested three employees of West German bank DG Bank and the former head of its foreign exchange department in connection with a multi-billion dollar dispute over bond dealings with French banks. The three current employees were arrested while at work at the Deutsche
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      • 74 7 NEW ZEALAND Finance Minister David Caygill would be relaxed if the New Zealand dollar gradually eased to 55 US cents and 70 Australian cents, the Evening Post newspaper quoted him as saying. The New Zealand unit finished trading in Wellington last Friday at around
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    • 561 7 Reuter AS PREPARATIONS continue for trading Dubai crude in London and Singapore, oil industry analysts and brokers said various issues have to be ironed out before the launch of the futures contract. London's International Petroleum Exchange (IPE) and the Singapore International Monetary Exchange (Simex)
      Reuter  -  561 words
    • 206 7 Reuter BANK LEU, Switzerland's oldest commercial bank, has surrendered to an unwanted takeover by C S Holding, the parent company for Credit Suisse. Bank Leu, which has a market value of 1.54 billion Swiss francs (US$l.ll billion), said last Friday it would recommend
      Reuter  -  206 words
    • 278 7 THE CHAIRMAN of Singapore's biggest finance company has sounded a warning about keener competition and rising overheads. Mr Kwek Leng Beng of Hong Leong Finance said in the company's 1989 annual report that in view of the intensely competitive nature of the financial
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    • 257 7 Bernama SABAH Chief Minister Datuk Seri Joseph Pairin Kitingan said that financial institutions should take calculated risks in financing new business opportunities. While noting that these institutions had undergone positive changes in lending their money, he said they still preferred to finance well-tested
      Bernama  -  257 words
  • Page 7 Advertisements
    • 78 7 Jjfc.. m s? 4 n i. K Ik jgj 1 1 ■nBR I Hi: SI M ()l /I RO 1)1 I I (IS know into ni> know luis been checked and triple checked. Nohall\\a\ meusuics. \o loose ends. In tact.show product that's been put together people's li\es depended on it,
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  • Page 7 Miscellaneous
    • 28 7 Dollar$ Non$en$e 2 1* vd t £S £r. -W. Ij m**hotr-5D 'Hon. this is Mr. Atherton. He's going to show us how we can commercially exploit our marriage."
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  • Page 8 Advertisements
    • 134 8 Our Vision Of The Future Of Computing Begins With A BridgeToThe Past. Open, Cooperative Computing is NCR's be successful if it doesn't allow you to walking away from your existing investstrategy to help you prepare for the decade build on the investments you've made in ment in systems, applications, and
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  • THE REGION
    • 414 9 MBT THE OVERWHELMING increase in Taiwanese investments in Malaysia has resulted in a significant jump in imports from Taiwan over the last few years, especially of industrial equipment. "There has been not only a significant increase in imports from Taiwan over the last few
      MBT  -  414 words
    • 314 9 Reuter JAKARTA'S controversial plan to clear the city of street vendors hit a snag when a senior legislator, complaining the government was depriving the needy of an income, offered to pay fines for any who could not afford them. Tarto Sudiro,
      Reuter  -  314 words
    • 328 9  -  By Kenneth James THE COUP against President Aquino last December did not hurt the economy as much as it could have, but 1990 will still be a difficult year for the Philippines because of persistent political and economic weaknesses, a risk consultancy
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    • 147 9 AFP TALKS on the future of US military bases in the Philippines open in Manila today with questions of money overshadowing security issues that affect the strategic balance in Asia. US compensation for the bases is expected to be the central issue in the talks,
      AFP  -  147 words
    • NOTE BOOK
      • 92 9 VIETNAM'S exports rose by 22 per cent in the first quarter of this year compared with the same period last year. The official Vietnamese Communist Party daily Nhan Dan reported last Saturday that industrial production was up 0.4 per cent in the same
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      • 77 9 CAMBODIAN PRIME MINISTER Hun Sen has strongly condemned his adversary Prince Norodom Sihanouk's refusal to take part in talks on the Cambodian conflict, Phnom Penh's official news agency SPK. reported last Saturday. But Mr Hun Sen said he was "certain" that Prince Sihanouk would change
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      • 67 9 THERE IS A GREAT DEMAND for Malaysia's national car, the Proton Saga, in Jamaica and the Caribbean countries, says Malaysia's special envoy to the United Nations, Datuk Musa Hitam. Speaking at a gathering in Segamat last Saturday, he said importers in the Caribbean states had sought
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      • 92 9 THE PENANG STATE GOVERNMENT is to upgrade infrastructural facilities, including sea port services and transportation, in the state in efforts to expand the manufacturing sector. Chief Minister Dr Lim Chong Eu said in Butterworth last Saturday that the manufacturing sector had accounted for 45 per cent
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      • 83 9 THE MAJORITY of about 500 Group A Malaysian civil servants holding Umno divisional and branch-level posts have either resigned from their jobs or party posts, said Umno secretary-general Datuk Mohamed Rahmat in Kuala Lumpur last Saturday. However, he said there were a few who had
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      • 93 9 A BRITISH explosives expert is to join the inquiry into the blast and fire which killed eight people aboard a Philippine Airlines Boeing 737 in Manila. Ricardo Exconde, vice-chair-man of the Philippine Aircraft Accident board, said yesterday, "We are inviting an expert from
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  • Page 9 Advertisements
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      211 words
    • 152 9 wbb^^mIt is a special moment when you cradle in your hands the perfect watch. And with its beautiful lines and superh craftsmanship, a DeLaneau is truly a watch that dreams are made of. At Roy lias tern, selecting a Del-aneau is a leisurely affair. After all, a DeLaneau should he
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  • THE WORLD 1
    • WORLD WATCH
      • 72 10 THE SOCIAL DEMOCRATIC PARTY, which controls the local governments in both East and West Berlin, launched a campaign last Saturday aimed at making the city the capital of a unified Germany once again. Kicking off the project, West Berlin mayor Walter Momper criticised "those
        72 words
      • 41 10 PAKISTAN AND IRAN agreed in Islamabad last Saturday to cooperate more in the economic, finance, trade, agriculture, communications, and petroleum sectors. Officials said a memorandum of understanding to this effect was signed between the two countries.
        41 words
      • 85 10 BANGLADESH is implementing measures to revitalise the economy in line with the recommendations of the World Bank. In an interview published by the United News of Bangladesh last Saturday, Finance Minister Abdul Munem said that "results will be noticed in two to three years as
        85 words
      • 56 10 WHITE TRADERS in the Orange Free State Province town of Welkom in South Africa, boycotted by blacks protesting against neo-fascist violence, revealed last Friday that they had lost 13.75 milion rands (US$5.2 million) over the past week. A spokesman said the boycott had forced shopkeepers
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    • 66 10 AFP THE TOTAL OFFICE floor space in four wards of central Tokyo topped that of New York City at the end of 1988, according to a report published last Friday by Tokyo's metropolitan government. It said total business office floor space in the Chiyoda, Shinjuku, Minato
      AFP  -  66 words
    • 191 10 AFP CHINESE LEADER Deng Xiaoping, unseen in public since February, yesterday met Egyptian President Hosni Mubarak in Beijing. Chinese officials said the closed-door meeting took place in the Great Hall of the People, the seat of Parliament. Foreign reporters, usually allowed to cover the hand
      AFP  -  191 words
    • 416 10 AFP JAPAN must take on new economic responsibilities and take vast initiatives in order to better contribute to the world economic order of the *****, according to a new government report. "Japan has often been criticised recently as an economic power without vision," said
      AFP  -  416 words
    • 325 10 AP US PRESIDENT George Bush has decried "the tragic consequences of four decades of communist rule" and proposed a "citizens democracy corps" to help Eastern Europe rebuild its political and legal systems. Speaking at the University of South Carolina last Saturday,
      AP  -  325 words
    • 225 10 AP US PRESIDENT George Bush has said that he is willing to discuss everything at this week's budget summit with congressional leaders but declared *Tm not going to show you my hand" in advance on new taxes. Speaking aboard Air Force
      AP  -  225 words
    • 345 11 Reuter EAST and West Germany have drawn up a draft treaty to combine their economic and monetary systems at the beginning of July. After weeks of negotiating the treaty, the first major step to full political unity, experts came to an agreement in
      Reuter  -  345 words
    • 144 11 AFP SHARP DIFFERENCES between Moscow and the West over the future military status of a unified Germany are threatening to block progress at key East-West disarmament talks resuming in Vienna this week, say experts. Negotiators from the North Atlantic Treaty Organisation (Nato)
      AFP  -  144 words
    • 215 11 AFP THE SOVIET UNION has at least US$l.2 billion in import debts to major Western nations and Japanese firms, a leading newspaper in Tokyo reported yesterday. The Yomiuri Shimbun, citing sources at the Ministry of International Trade and Industry (Miti) and major Japanese
      AFP  -  215 words
    • 99 11 AFP THE SOVIET UNION will have 2.7 million unemployed next year and measures are under study to ensure a minimum income for the jobless, according to a report in the government newspaper, Izvestia. The newspaper last Friday quoted an official of the State Labour Committee, V
      AFP  -  99 words
    • 44 11 The largest petrol station in Riga, Latvia, fell silent and was left deserted last Friday amid the Soviet economic blockade on the republic. It had to be closed down as Soviet sanctions had wrung the station dry of fuel-
      44 words
    • 131 11 AP BRITAIN'S annual inflation rate, pushed higher by new taxes, moved up to an eightyear high of 9.4 per cent last month. But the figure wasn't as bad as the 9.7 per cent rate the financial markets had expected, and the pound and stock
      AP  -  131 words
  • Page 10 Advertisements
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      337 words
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  • Page 11 Advertisements
    • 41 11 rHJVI«V/I X iiwow \w T-tfyw *TT Wsdnesday. May 16.1990 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 9pm Auctioneers: Cheong Kaon Seng (CKS) Auctioneers Valuers Pte Ltd Showroom: #03-28 Rafltes Oty Shopptng Centr# Trt: 338 8135/338 8488
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    • 149 11 I l^^l *uV Jp I^^h "Our Local Market Strength Results From International Experience." Christopher Fossick, General Manager, Commercial window on Singapore's intricate property market, Agency is an expert in international property marketing. making decisions based on the experience, trust and With extensive experience in London, one of the world's confidence
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  • ANALYSIS
    • 2391 12  -  The Soviets understand the need for a market society but fear its successes, reports Bill Keller Bill Keller NYT DURING the soccer match between Spartak and Dynamo Kiev two Saturdays ago, television viewers were presented with a uniquely Soviet half-time entertainment: an interview with a presidential
      NYT  -  2,391 words
  • Page 12 Advertisements
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  • Page 12 Miscellaneous
    • 71 12 DOONESBURY J TOLD HIM HE SHOULD BB MY PORSCHE BROKE MAN, I HAD A ME, TOO. IDECIDED TO ANGM, DESPTTBHIS OOtCB tM SORRY, DOWN. YOU ALWAYS BAP DM TODAY!... PLAY AMATEUR THERAPIST NOT TO BE, AND NOW I KNOW WHAT ABOUT HAVE TO TOPPED- 1/UITH ANDY, AND I PFOB~ HE'S
      71 words

  • FOCUS 1
    • 984 13  -  Behind a free-wheeling facade, corporate attitudes in France are basically unchanged. Guy ae Jonquieres reports on French management culture. ENTERPRISE MANAGEMENT EDITED BY CHUANO PECK MING Guy de Jonquieres FT WHEN Pechiney, the large French aluminium company, acquired American National Can for $1.3
      FT  -  984 words
    • 235 13 Seminars and courses Duration Title Venue Organiser Tel May 10-28 Super Selling Your Way NPB Building Premarketing *****00 to Success (Jr) Singapore Consultancy *****70 May 11-18 Negotiation Skills NPB Building Premarketing *****00 Singapore Consultancy *****70 May 15-18 Information Systems National University Institute of Systems *****66 Security Controls of Singapore
      235 words
    • 468 14  -  SPOTLIGHT ON management By Tan Tiong Liat Tan Tiong Liat is a senior consulting manager at Ernst and Young Consultants. The FLOW used to be one way the foreign expatriate arriving in Singapore with his modern management ideas and his expertise in production and high
      468 words
    • 354 14 Rolled up in Alan French's polished mahogany desk drawer is a sheet of tattered white paper scrawled in blue ink. It would not merit a second look if the sheet was found anywhere else. But to the chief executive of Robinson, it is worth
      354 words
  • Page 13 Advertisements
    • 31 13 Management Consultancy SI/ I I I T T 1/ Seminars And Training Kill I Business Assistance ll I L L I L. It Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
      31 words
    • 204 13 Leading international stockbroker, Hoare Govett, will begin independent operations in Singapore on May 16. Hoare Govett is looking for motivated, talented personnel for the following positions: Dealers Singapore/Malaysia Equities Candidates should have experience in I dealing in Singapore/Malaysia equities. I An institutional sales background will be an I advantage and
      204 words

  • Page 14 Advertisements
    • 495 14 Mr X/ 6 SALOON TRACK STAR. FIVE STAR. It is. admittedly, difficult to compare the undiluted machines. demajjKJtng tides in motor racing. engine management, and driver information aggression of Jaguar's World Championship Uncompromising engineering, and absolute For the XJ6. it means boardroom luxury, away technology. winning XJR-8 Racing Car with
      495 words

  • Page 15 Advertisements
    • 206 15 you It aye enougli of 1 you II soon realize lliat money fa lies. Tk e question is? oes your LanLer? All Lanks keep track of money. And it comes from knowing our customers. Tkev teD you kave By spenJing time talking to tkem. I' In Vour Lank account. Sotke
      206 words

  • SPORTS
    • SIDE LINES
      • 102 16 MEXICO'S Raul Alcala displaced week-long leader Vladislav Bobrik of the Soviet Union on Saturday, building a 43-second advantage heading into the final stage of the Tour de Trump bicycle race. "I know what to do now," said Alcala, who unsuccessfully tried to take
        102 words
      • 102 16 SOVIET cyclist Asiate Saitov sprinted to victory in Zaragoza on Saturday in the 19th stage of the Tour of Spain, passing Alvaro Lozano of Colombia with less than a kilometre left. Saitov won the 222-km leg from Benasque to Zaragoza in five hours, 29 minutes and
        102 words
      • 98 16 PATRICK EWING scored a playoff-career high 45 points and keyed a fourth quarter burst that lifted New York to a 111-103 victory over Detroit on Saturday, leaving the Knicks trailing 2-1 in their playoff series against the Pistons. The loss prevented Detroit from tying the National Basketball
        98 words
    • 612 16 AP BRAZIL'S Ayrton Senna snatched the pole position and the lap record from his Austrian team-mate Gerhard Berger on Saturday in a duel between the McLaren-Honda drivers in the final qualifying practice for the Grand Prix of San Marino. Senna, 27, earned a record
      AP  -  612 words
    • 393 16 AP TOP-SEEDED Martina Navratilova rushed to the net frequently on Saturday, thwarting Gabriela Sabatini's baseline game and beating the defending champion 7-6 (7-4), 7-5 to reach the finals of the Italian Open in Rome. Second seed Monica Seles crushed Helen Kelesi 6-1, 6
      AP  -  393 words
    • 299 16 AFP AUSTRALIAN Greg Norman, who twice this year has had victory snatched from him on the final hole, took the third-round lead in the Memorial Tournament in Dublin, Ohio, on Saturday when Fred Couples doublebogeyed his final hole. Norman, looking for his second win
      AFP  -  299 words
    • 266 16 AP TOP-SEEDED West German Boris Becker overcame a stubborn fight from unseeded Frenchman Henri Leconte on Saturday to reach the final of the US$l million German Open in Hamburg. Becker, the No 3 player in the world, has not won a clay court title in
      AP  -  266 words
  • Page 16 Advertisements
    • 301 16 v -S! easier to own a A MITSUBISHI I^3o^ 12 monthly instalments of $150 The first Instalment will be paid by Ryoden Singapore. L •This hire purchase scheme for Mitsubishi MT596 handphone is for a limited period only. 'Subject to tmrma and condition* Quantity discount for u /t J cash
      301 words
    • 298 16 NOTICES IN THE MATTER Of INTER TRAILER PARTS SUPPLIERS PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Nonce is hereby given pursuant to Section 308 of the Companies Act, Cap. 50, ttiat a Final General Meeting o) the members of the abovenamed Company will be held at the office
      298 words
    • 490 16 A ANA hotels SINGAPORE LTD. (incorporated m iha naputt* o4 Singapore) NOTICE of meeting NOTICE IS HERBEY GIVEN that the twelfth Annual General Meeting of ANA Hotels Singapore Limited will be held in the Conn aught Room, Century Park Sheraton- Singapore, Nassim Hill, Singapore 1025, o* Wednesday, June 6,1990 at
      490 words

  • THE ARTS 1
    • 1219 17  -  Out at last the first instalment of RCA's Toscanini recordings on compact disc. J Gordon reviews the maestro's legendary performances of Verdi's Requiem, Falstaff ana Aida. J Gordon Eighty-two different CDs from the same artist might sound like a little too much of a
      Drawing by Enrico Caruso  -  1,219 words
    • 900 17  -  The debate on whether or not to use projected titles at the opera continues. Donal Henahan joins in the fray. Donal Henahan NYT OPERA attracts people with strong opinions. No argument so far? We might also agree that for some reason the art form fosters among
      NYT  -  900 words
    • 630 17  -  The Singapore Symphony Chorus celebrated its 1 Oth anniversary with Mendelssohn's Elijah. J Gordon reviews Friday night's performance. J Gordon OUR CENTURY'S preoccupation with the music of the past may at first appear unique in history. But when we look at the great
      630 words
    • 902 19  -  Animated shorts before the movie are making a comeback and leading the way is Walt Disney Studios, reports Maria Eftimiades Maria Eftimiades NYT Remember when a movie was always preceded by a lively cartoon? Whether it was Mickey on skates or the
      NYT  -  902 words
    • 711 19  -  In Hongkong, film-making is an unpretentious industry, designed for profit, entertainment and export. But paradise is in danger of being lost, says Berenice Reynaud. Berenice Reynaud NYT SINCE the *****, Hongkong has become the Hollywood of Asia and one of the world's most prolific
      NYT  -  711 words
  • Page 17 Advertisements
    • 112 17 Mr -J f" Senbazuru sizzles Kfil with temptations. Vfflfl This is the month to feast your eyes and palate on tender, juicy meats sizzling alongside succulent seafood and fresh vegetables. Our Teppanyaki sets are very delicious temptations prepared in truly authentic style. Choose from our 7-course lunch ($2B) or the
      112 words

  • Page 18 Advertisements
    • 195 18 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. in BRB§r«~ x < For outsunding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or
      195 words
    • 238 18 &(<?)«" DIAN XIN TEMPTATION! Treat yourself to a I electable Dian Xin lunch. All-you-can-eat for only 116.80* per person. Lunch Hours: 11 30am 2.30pm 'Hi«> 10% server duiyr 4 4% |»KTTniwM u> HYATT REGCNCYOSNGAPORE I" 12 Scons Kiud Smjupurt Wl2 lei 733MXH Bu fet Dian Xin Daily for lunch 11.30
      238 words
    • 204 18 ,J.' .1* .v r -O-tr r'r"- -*»V <•* <*H A. i If IVA Ml •%..—< m V fJBA| Buy a glass of Heineken Beer dunng Happy Hours and you get to participate in this game of wits 2 Heineken hampers to be won each week Every Monday only. Plaza Hot&
      204 words
    • 265 18 COME ON, JOIN IN! At The Library, every Monday night la Karaoke night. So come on down and join in the fun. May 7,14,21 and 28. From Bpm 2am. -j| X > No flrat drink charge. Library Qj Qfawtpon ktfctnfc«rfa*«w 333 Orchard Road. Singapore 0923. Tel: 737 4411. MThe versatile
      265 words
  • Page 18 Miscellaneous
    • 691 18 TELEVISION AND RADIO fI 11 "W" 1 1 QRCI2 4 I 8.30 Just the Ten of Us Coach 3.55 Talian Kasik. ON RADIO I pi A I DnDH/IOI*I7 Lubbock gets the Jitters be- 4.35 Centennial. I I lr" I |l 111 1 7.30 PM Sportscene The fore he makes his
      691 words

  • Page 19 Advertisements
    • 231 19 AND ENTERTAIN Prelude To Austria's Gastronomic Repertoire. VIAY 7 TO 25 10.30PM CHARGE AND Come May 7 to 25, Hubertus Grill gives you a rare chance to savour Austria's rich and wonderful culinary classics, complemented by a choice selection of fine Austrian wines. Guten apetit! A.® Century Park Sheraton Singapore
      231 words
    • 102 19 If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin and Prawns with Crab Meat among others. Round off a
      102 words
    • 84 19 Cjnee Salad with Fresh Fruits^" g)«tJo 2. Sharks fin with Crab meat £A £Q Qfl 3. Red-Fish with Soya Bean I DO.OU Crumbs (For 10 persons) 4. Deep Fried Cnspy Chicken 5. Season Vegetable with cß cp RoaSteO Mushroom r,n OucK 6 Maple Leaf Steamed Bean peking Curd with Soya
      84 words
    • 344 19 TRADITIONAL CANTONESE CUISINE H BEST HONG KONG c DIAN XIN IN TOWN China China Restaurant 1 marina Bay Golf Country Club [L V J2 6 Marina Green Swgafore owi. For Reservations Please Call *****1 l. I TIENGOURT* I SJCHUAN CUISINE <** HB I For a Wealth of Exotic I Sichuan
      344 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4852 20  -  By William Chia THE Singapore stock market is expected to rally this week as the key Straits Times Industrial Index ended last week at its high of 1,532.27 and the Dow advanced an impressive 63.07 points to 2,801.58 on Wall Street last Friday. Brokers
      4,852 words

  • 4122 21 Main Board DBS 1240 +113 +10.0% SIA Foreign 2000 +110 5.8% SPH Foreign 1070 +110 +11.5% UOB Foreign 690 +100 +16.9% SIA 1380 90 7.0% C&C 396 +76 +23.8% Nat Iron 940 +65 7.4% OCBC Foreign 1050 60 6.1% OUE 940 45 5.0% FAN 910
    4,122 words

  • MARKET REVIEWS
    • 842 22 FT THE MOOD on Wall Street right now is like New York's remarkably changeable spring weather, with miserable rain giving way suddenly to a warm spell and perhaps a dangerous sense of wellbeing. Little more than a week ago, the consensus view was decidedly
      FT  -  842 words
    • 445 22 AFP SHARE PRICES on the Tokyo Stock Exchange rose sharply last week, thanks largely to a halt in the dollar's rise against the yen and in domestic interest rates. The Nikkei Stock Average of 225 blue chips posted a hefty 1,338.50-yen
      AFP  -  445 words
    • 229 22 IVdney AFP RISES on offshore markets and local bargain hunting boosted the Australian stock market during the past week despite no improvement in the economic outlook, brokers said in Sydney on Friday. The main market indicator, the All Ordinaries Index, rose 24.2 points over the
      AFP  -  229 words
    • 207 22 SHARE PRICES seesawed amid uneasy trading during the past week due to political developments in China, with the Hang Seng Index gaining a marginal 13.49 points, or 0.4 per cent, to close on Friday at 2,960.46. Average turnover was HKSI.26 billion. Share prices slipped
      207 words
    • 316 22 y DJAKARTA AFP TRADING on the Jakarta Stock Exchange (JSE) picked up cautiously during the past week but some main share prices weakened as brokers and investors were still grasping with new rules. A new regulation, issued on Friday and prohibiting shares
      AFP  -  316 words
    • 137 22 AFP BULLS continued their rampage on the Indian stock markets last week, with business houses eagerly awaiting the government's promised new industrial policy. The Bombay Stock Exchange's Sensitivity Index rose to a high of 785.19 at the end of Tuesday trading, from the 776.11 recorded at the
      AFP  -  137 words
    • 886 22  -  LONDON By Ray Heath THE THEORY of Relativity should be made a required subject of study by British investors. For on London's stock market, all things are relative. A year-on-year rise in the retail price index of 9.4 per cent should be a disaster, but
      886 words
  • Page 22 Advertisements
    • 370 22 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 POON SEE SONS PTE LTD (Incorporated in Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at 4 Battery Road #12-00 Bank of China Building. Singapore 0104 on Bth May
      370 words
    • 367 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 KIEN LEONG CONSTRUCTION (PTE) LTD (Incorporated in Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and heid at 4 Battery Road #12-00 Bank of China Building, Singapore 0104 on Bth May 1990
      367 words
    • 276 22 IN THE MATTES OP THE COMPANIES ACT, CAP. M AND IN THE MATTEK OP LEE KEOW INVESTMENTS PTE LTD (la liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 7500 A Beach Road #04-312 The Plaza Singapore
      276 words
    • 369 22 G-STAR PTE LTD (FORMERLY KNOWN AS CULLINET SOFTWARE ASIA PACIFIC PTE LTD) (Incorporated In The Republic Of Singapore) NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act. Cap. SO that a Meeting of the Creditors of the abovenamed Company will be held
      369 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3893 23 MBT OPERATORS on the Kuala Lumpur stock market went on a buying spree in another holiday-shortened week last week, taking prices to higher levels in active trading. The market was closed on Wednesday for Wesak day. The perceptibly improved sentiment resulted in sharply
      MBT  -  3,893 words
  • Page 23 Advertisements
    • 252 23 FIND TAILOR M AD I OPPORTUNITIES AT HONG KONG FASHION WE E K '9 1. 13 Hong Kong is one of the major fashion capitals of the world Geographically, it's perfectly positioned for trading with Southeast Asia, the Pacific Rim and the rest of the world The Hong Kong Fashion
      252 words

  • WORLD STOCK MARKETS
    • US blue chips make biggest gain this year
      • Article, Illustration
        1223 24 EBULLIENCE over signs that inflationary pressures may be waning propelled US stock prices sharply higher on Friday, giving blue chips their biggest gain for the year. Volume was the heaviest so far this year. The surge of buying, sparked by a rally in bond prices following unexpected softness
        1,223 words
      • Article, Illustration
        813 24 SHARES finished higher on London's Stock Exchange on Friday after the market rallied on better-than-expected British inflation figures. The Financial Times-Stock Exchange 100-share index closed up 18.9 points, or 0.9 per cent, at 2,175.9. That was well above its session low of 2,155.6 and slightly off from a peak
        813 words
      • 299 24 DUTCH SHARES ended the week slightly firmer in quiet and directionless trade on Friday as the Frankfurt down and London shares up, traders said. Business was underpinned by early morning news of a small first quarter net profit rise for Unilever and news in the afternoon of an unexpected
        299 words
      • 341 24 WEST GERMAN SHARES tumbled one per cent on low volume profit-tak-ing in a cautious market on Friday, unsettled by forthcoming state elections in the large German states of NorthRhine Westphalia and Lower Saxony. Dealers said a large part of the sales came from professionals, who were squaring their positions
        341 words
      • 458 24 JOHANNESBURG gold share prices closed sharply lower on Friday in uncertain pre-weekend trading, forced down by the combined weight of a depressed bullion price and sharply firmer financial rand, dealers said. The bullion price continued to languish below US$37O an ounce despite further falls in the dollar, while the
        458 words
      • 192 24 TORONTO STOCKS made sharp gains on Friday, rising 1.4 per cent in volatile but thin trading, boosted by a major rally on Wall Street, dealers said. Signs inflation may be waning pushed both markets higher, especially blue chips. In Canada, bank and metal company stocks were big gainers. The
        192 words
      • 313 24 SWISS SHARES extended recent advances to close 1.52 per cent higher on Friday on strong foreign demand. Dealers said the market remained short of its early high but shrugged off a temporary slowdown around midsession. The all-share SPI index, which rose as high as 1,130 before it eased back
        313 words
      • 137 24 ITALIAN shares ended slightly lower on Friday ahead of the expiry of monthly options contracts today, with insurers in the limelight and Generali firming following news of a bonus share issue and higher dividends, brokers said. The MIB slipped two points, 0.20 per cent, to close at 1,022. "The
        137 words
      • 116 24 FRENCH share prices closed lower in quiet trading on Friday as the continuing weakness of the French franc prompted fresh profit-taking, dealers said. The CAC-40 index ended 12.71 points lower at 2,091.85. It had opened at 2,089.33. The broader CAC General index, based on opening prices, eased to 554.63
        116 words
      • 265 24 May II Close PrtrloM NEW YORK Dow Jones 2,801 58 2,738.51 +63.07 NYSE Financial 143 12 139.97 +3.15 SAP 500 352.00 343.82 8 18 Turnover (million) 236.00 158.46 77.54 LONDON Financial Times 30 1,708.8 1.690 8 +18.0 FTSE 100 2,175.9 2.157.0 +18 9 Turnover (million) 510.1 406.3 +103.8 AMSTERDAM CBS
        265 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 578 25 FOREX WEEKLY ROUND-UP THE US DOLLAR fell sharply against the Japanese yen last Friday, reflecting some improved confidence in Japan and the follow-through of the US dollar's steep decline against the West German mark and other European currencies earlier in the week. The
      578 words
    • 593 25 ASIAN CURRENCIES THE YEN rebounded strongly amid fears of a dollar-weakening cut in US interest rates. Most other currencies also edged up against the greenback. The Taiwan dollar continued its slide despite Central Bank intervention to shore up the sagging unit, and the Philippines
      593 words
    • 392 25 Cross rates May 12 USS SS MS Dm Yen SFr AS NZS USS 1.8500 2.6935 1.6378 152.75 0.5957 1.3995 1.3158 1.7498 SS 0.5405 1.4559 0.8853 0.8257 0.3220 0.7565 0.7112 0.9458 MS 0.3713 68.68 0.6081 0.5671 0.2211 0.5196 0.4885 0.6496 Dm 0.6106 1.1296 1.6446 93.27 0.3637 0.8545 0.8034 1.0684
      392 words
    • 561 25 Interbank rates S$ Bid Offer Overnight 6 1/8 6 1/4 1-month 7 3/16 7 5/16 2-month 7 3/16 7 5/16 3-month 7 5/16 7 3/16 Overnight mode: 6-11/16 USS High Low 7 days 8 1/4 8 1/8 1 month 8 5/16 8 3/16 2 months 8 3/8
      561 words
    • 465 25 AFP THE SWISS FRANC has reversed its sharp 1989 drop, displaying new vigour against strong currencies, and particularly against the US dollar, Swiss analysts note. On Friday morning, the franc was changing hands at 1.3955 to the US dollar, whereas just a
      AFP  -  465 words
    • 281 25 Reuter BRITISH Prime Minister Margaret Thatcher said there would be no change in her strategy of high interest rates until the problems of UK inflation and a high trade deficit were solved. Mrs Thatcher was speaking to a conference of her ruling Conservative
      Reuter  -  281 words
    • 276 25 COMEX May 11 COLD FUTURES! 100 oz) US$/oz Open High Low Settle Change May 368.80 -1.30 Jun 369.50 371.20 370.50 370.50 -1.40 Jul 372.90 -1.40 Aug 374.50 375.70 373.20 375.20 -1.40 Oct 380.00 380.50 379.50 380.20 -1.50 Dec 384.50 385.50 384.00 385.00 -1.60 Feb 91 389.80 389.00 389.00
      276 words
    • 367 25 NYT THE EUROPEAN Community's plan to create a single market by 1992 is having its first detectable impact on Europe's financial markets. The Bank of England has reported that business between European-based banks in the first nine months of last year was more
      NYT  -  367 words
    • 508 25 BANKS ABN Bank 716 Allied Irish Bank PLC 71ft American Express Bank 716 Am'Dam R'terdam Bank 716 Arab Banking Corp 7% Arab Bank Ltd 6'6 Asia Commercial Bank 7 ANZ Banking Group 8 Ban Hin Lee Bank 71ft Banca Commercial 7% Banco do Brasil 7% Bangkok Bank
      508 words
  • Page 25 Advertisements

  • COMMODITIES
    • 357 26 AFP ASIA accounts for 91 per cent of the world's annual rice production of 470 million tons, with China producing more than a third of the global total. The latest survey by the Philippines-based International Rice Research Institute (IRRI), considered the world's
      AFP  -  357 words
    • 328 26 Bernama MALAYSIA'S Primary Industries Minister Datuk Seri Dr Lim Keng Yaik has suggested that the Malaysian palm oil industry cooperate to come up with a formula whereby both producers and refiners can be assured of their margins. With an agreed formula, producers and
      Bernama  -  328 words
    • 897 26 REPORTS BRENT CRUDE prices made a strong recovery last week on sentiment that the Opec 1.445 million barrel per day agreed output reduction for the three months to end July may well be respected. Precious metals were nevertheless destabilised by rumoured gold sales
      897 words
  • 1183 26 Rubber HAS (ttfc hi tote%) S cents/kg Int I RSS April Close May 7 159.00 May 8 159.00 May 9 dosed May 10 159.50 May II 158.50 IHKLB m In fcil-) M cents/kg Int 1 RSS April Close May 7 230.00 May 8 230.00 May 9 closed May 10
    1,183 words
  • Page 26 Advertisements
    • 616 26 notices U5540,000,000 Negotiable Capped Floating Rate U.S. Dollar Certificate of Depoait due lat November, 1990 The Sanwa Bank Limited Singapore Branch In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from I4th May, 1990 to 14th August, 1990 the Certificate
      616 words
    • 11 26 Opportunity kno<ks but on<e Don't overlook likely opportunities in every Saturday
      11 words

  • THE TRAVEL PAGE
    • 1037 27 City Flight ETA Flight CTD i QF81 1840 SQ225 2215 SQ228 1915 RJ182 1445 RJ183 2320 Amttrdam KL842 2035 GA893 1045 KL841 1055 SQ23 1200 TE25 1800 TE28 1920 SQ388 2025 Bandar Serf B1421 1100 SQ182 0915 Bmmm SQ181 1410 BI422 1205 BI429 2030 BI430 2125
      1,037 words
    • 157 27 As at 3pm yesterday: Lxxral dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4050 1.42SO Canadian dollar I.$620 1.5820 NZ dollar 1.0530 1.1030 Sterling pound 3.0900 3.1100 US dollar 1.8520 ***** l>ocal dollars to 100 units of foreign currency Austrian schilling 15.70 16.70
      157 words
    • 530 27 LETTER FROM FLORIDA Missiles began flights to the heavens from Cape Canaveral about 1947. The American War Department chose the site that year because it provided miles of uninhabited buffer zone to catch stray projectiles, as well as offshore islands for tracking stations. The first satellite
      530 words
    • 81 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel May 13-18 The Options Insead's The Options 312-322-2574 May 16-20 Lisbon Portugal Associaco *****30 Workshop Campus Workshop International Industrial Fair Portugucsa May 14-17 Worid Express WTC A Vuta Triangle 494-*****4 Conference Int'l Hotel. Communications Exhibition New York
      81 words
  • Page 27 Advertisements
    • 41 27 JL i y a Ihe business choice c\cr\ Tue*da\. Wnr I ihurwljv Saturday jnd Sunday l.eavingChangi B J Airport Jt Hours .ind arriving it 21 -JL JL different otic* in the LNA the following day. A Bkfath Of Ficfsii An: w
      41 words
    • 149 27 A HIGHER STANDARD OF QUALITY AND SERVICE With effect from 19 April 1990, Bain Clarkson Insurance Brokers and Fernhill Corporation have joined forces. The merger of Bain Clarkson, with its international strength and know-how. and Fernhill, with its longtime expertise and involvement in the comprehensive insurance coverage of jewellers and
      149 words
  • Page 27 Miscellaneous
    • 322 27 ACROSS BHCEZ 2 p| i 4 if i f~~] j I Prominent person taken hand by usherette in a dark 9 Attracted by convoluted net sugar (7) H 10 Grant permission to break 1 A mere gamble (4) 12 Neck of rugged rock to the JBL— 13 Valuable metal bull
      322 words
    • 213 27 Singapore Outlook: Showers over several areas in late afternoon and early evening. Report: Max temp 33.9T Assoc humidity 62% Min temp 25.5* C Assoc humidity 92% Hrs of sunshine 7.25 Rainfall in mm Trace Rainfall this mth 168.6 Rainy days this mth 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/09
      213 words
    • 39 27 Li.kiA.MiLHilißgyj I &UT gg AD (OF CPUBSe. IITUiS TiM£ IT'S DONC &i?istou) you Told rnc sou\ Pill'WS stuff \jt is— pi uoCDftoC£Sso(?.. weee updf\tin& vojr novel t seFoße .irs v___ 'UVINGoeww "we wngJ\>ia T oppwsd J (C EVEMHQ frWßk—
      39 words

  • 488 28  -  By Phang Hsiao Chung THE ESTATE of one of Singapore's richest men has paid the Inland Revenue Department (IRD) about $12 million in duty. The sum, which may seem astronomical to most Singaporeans, is small compared with what the beneficiaries of the
    488 words
  • 366 28 AP SOVIET PREMIER Nikolai Ryzhkov went on television last Saturday night and said that planners would seek to hold back high prices and unemployment as the country moves towards a market economy. The government will do all it can, including indexing wages
    AP  -  366 words
  • 282 28 Bernama A FEASIBILITY STUDY on the proposed corporatisation of Radio Television Malaysia (RTM) will be conducted soon. Malaysian Information Minister Datuk Mohamcd Rahmat said yesterday. He said that the Economic Planning Unit in the Prime Minister's Department had allocated M 5500.000 for
    Bernama  -  282 words
  • 287 28 Bernama SPIRIT of '46 president, Tengku Razaleigh Hamzah, yesterday said that the opposition could topple the National Front at the next election. He told a gathering of the opposition Parti Rakyat Malaysia in Penang that the Angkatan Perpaduan l)m--mah (APIJ) had struck
    Bernama  -  287 words
  • 401 28 AFP AUSTRALIA is in the midst of a severe economic downturn, and it is not "fair or appropriate" to talk about rising living standards, a senior Australian government minister warned in Canberra yesterday. Industry, Technology and Commerce Minister John Button joined doomwatching former Finance
    AFP  -  401 words
  • 43 28 Media baron Robert Maxwell gleefully holds up a copy of his new English-language weekly newspaper, The European after its launch in Ix>ndon last Friday, following a year of speculation on whether it would actually get off the ground.
    43 words
  • 299 28 Reuter GULF AND WESTERN Marketing Ltd, a Hongkongbased trading company, has won compensation, amounting to a six-digit figure in American dollars, after a prolonged trade dispute with a Chinese state-owned company. The ruling handed down by the Arbitration Court of Shenzhen,
    Reuter  -  299 words
  • Page 28 Advertisements
    • 41 28 CHARTPOINT Every Saturday in Business Times Milßfll 111 I] m |vvij -m >- wk StjjooLne Office/Showroom 321 Orchard Road *08 04 Orchard Shopping Centre Singapore 0923 Tel 235 4824/5 Tele* RS ***** S LINE Fa* 733 4608 Sole Agent: Singapore Malaysia Indonesia
      41 words
    • 9 28 Warning on jobs, Pg 11 Hesitant revolution, Pg 12
      9 words
    • 242 28 CHARTPOINT Every Saturday in Business Times WiLofe for lease enbloc U ,-ti P A ii® B 16 units of 2-&-3 Minutes to bedroom Orchard Road, apartments in an schools, elegant 4-storey supermarkets and block with lifts to the Newton Food every floor Centre Floor areas from Near to major 113sqm
      242 words

  • SHIPPING TIMES
    • 462 29  -  By Linda Chee SINGAPORE has raced ahead of Hongkong to become the world's number one container port. Figures for the first quarter of 1990 clearly confirm it is the busiest: between January and March, a total of 1.21 million TEUs (20-ft long containers) passed
      462 words
    • 461 29  -  By Dexter Lee THE DAYS of cheap insurance premiums may soon be over with marine hull insurers in Singapore set to quote sharply higher premiums this year. Insurance circles say that the across-the-board upward revision when policies are renewed
      461 words
    • 262 29 THAI International plans to double the capacity of its air cargo handling terminal at Bangkok Airport. THAI's existing terminal, opened in 1986 as part of the huge "Cargo Village" complex, consists of 26,000 sq m of covered space. This facility was designed
      262 words
    • 361 29 Reuter POTENTIAL US regulation requiring unlimited liability for oil spills could force many tanker operators out of the US trade and result in less protection for victims of pollution, say shipowners. "The victims of pollution damage would suffer if laws were passed which
      Reuter  -  361 words
    • 137 29 AFP JAPAN Aircraft Mfg, a subsidiary of Kawasaki Heavy Industries, has signed a contract with McDonnell Douglas Corp to produce fuselage plates for the US aviation giant's newest passenger aircraft, the MD-11. The value of the contract was not given, although the
      AFP  -  137 words
    • 241 29 THE Bush administration dropped its opposition to requiring double hulls on oil tankers and announced support for a bill to require them on new vessels. US Transportation Secretary Samuel Skinner outlined the new administration position, which calls for some exemptions to the
      241 words
    • NEWS SUMMARY
      • 63 29 JAPAN and South Korea have failed to agree on Tokyo's request for the removal of curbs imposed by Seoul on cargo services during the two-day talks on shipping. Tokyo officials asked for the lifting of curbs that virtually shut out all Japanese
        63 words
      • 52 29 PLANS for a new international airport at Hongkong, billed as the government's farewell gift to the colony before it returns to Chinese control in 1997, has been coolly received. Aviation specialists doubt it will be able to compete with airports being built in nearby Macao and Shenzhen
        52 words
      • 32 29 OFFICIAL attempts to ban foreign shipping lines from directly hiring Filipino seamen have drawn objections from the Philippines' highest organisation of manning agents Back Page
        32 words
      • 29 29 THE United States, France and Britain have asked the Soviet Union to allow more air travel to and from Berlin Back Page
        29 words
      • 23 29 THE multitude of tonnage terms used in shipping, often the bane of the layman, is explained graphically. Back Page
        23 words
    • LOG BOOK
      • 107 30 CONSTRUCTION work on a new container terminal at the western end of Rotterdam port will start this week, the Harbour Authority said. Work will commence on the quay wall of the European Combined Terminals/Sea-Land Delta Terminal on May 16. When completed, in January
        107 words
      • 82 30 SHIPPING and tourism group Hapag-Lloyd has signed an agreement with Japanese shipping firms Mitsui OSK Lines and Nippon Yusen over a joint shipping service between Europe, the Far East and Japan. A Hapag-Lloyd statement said the service would begin on March 1, 1991 when an agreement
        82 words
      • 100 30 BILL BRU has stepped down as president of Norasia Lines, following a reorganisation where Norasia Shipping Services will come under a new company, Norasia Holdings, to be based in Bermuda. The chairman of Norasia Holdings, Mr Hans Steiger, is now the new chief executive officer of
        100 words
      • 95 30 IRAN and Kuwait have decided to start their first shipping link across the northern Gulf from early June. The link will provide a service for 150 passengers between the Iranian port of Bushehr and Kuwait port. It will also start a link between Bushehr and
        95 words
      • 109 30 A GROWTH in the number of oil tankers plying the Suez Canal is likely to push its revenue to a record US$l.5 billion this year, 8.7 per cent up on last year, canal authority chairman Ezzat Adel said. Revenue to the end of April rose
        109 words
    • 1190 30  -  Plans for a new international airport at Hongkong have been coolly received. Bankers and aviation analysts said the government has failed to address several key obstacles. Steve Glain finds out Steve Glain IHT WHEN Sir David Wilson unveiled plans in October for a
      IHT  -  1,190 words
    • 791 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
      791 words
    • 12268 38 This is a list of ships loading to at Singapore for ports around the world. It tabulates, by m destination, the name of the Pi ship, the shipping line involved and the estimated e dates of arrival and departure i? from the Port of Singapore. Advanced dates
      12,268 words
    • SHIPS IN PORT
      • 464 45 taMl jy, Wo Berth fcrtwt Pgrtw immt Wgjh Berth km* O^Hrturt ttmil Wharves Armada Mufca 11/90 P4A 14 05/1530 1505/0300 ttairAce 2 H30 alongside 14.05/1500 Blue Marine 11/90 P2A 13.05/1530 14 05/1500 Caoe Maieas 0301W *17 alongside 15.05/0700 Bonastar 2 ***** P2C 14.05/0730 15 05/1100 Kohfo Maru
        464 words
      • 1664 45 HECffflNCOF EXPORT FCt COHTAINERS MP La CARGO Trmtafw SdwUes Sty Woy No Arr Date fine From To Boott* Gate C*> Gdi A* Tnwnoh ***** 14.05.90 0900 13/0900 13/0959 Portnet 2 P3 00 F05 14/0000 14/0059 NA 2 Amite KCN005 14.05.90 0600 13/1200 13/1229 Portnet 2 J7 00 F05
        1,664 words
      • 393 45 Port King South Port Bangramard berth 3; Million No 2 berth 4; Hong Soon I berth 9; Pernas Safari berth 7A. KCT: Urn Mercy berth 8; Anson berth 9; Sea Glory berth 9. North Port HMS Westraha berth 11; Bangkhuntien berth 12; New Leading berth 13; Dashinzhai
        393 words
    • 1120 45 GRAIN RATES continued to soften in the dry cargo freight market on Thursday, maintaining the recent trend, brokers said. Tonnage from the Mississippi River to Rotterdam was secured at a lumpsum equivalent to US$ 11.95, down from recent levels of US$ 13.50 and U5512.58. The BFI sub-index for
      1,120 words
    • 338 46  -  From Al O Labita IN MANILA OFFICIAL attempts to ban foreign shipping lines from directly hiring Filipino seamen have drawn objections from the Philippines' highest organisation of manning agents. The Filipino Association for Mariners' Employment, Inc (Fame) says the proposed move would
      338 words
    • 204 46 AP THE United States, France and Britain have asked the Soviet Union to allow more air travel to and from Berlin, a US spokesman said. The four World War II allies still retain control over air travel in the once-divided
      AP  -  204 words
    • 154 46 Reuter WEST Germany's state-con-trolled Deutsche Lufthansa has filed for approval of its plan to take a 26 per cent stake in the East German national airline Interflug, a spokesman for the West German Federal Cartel Office said. Lufthansa said in March it had agreed
      Reuter  -  154 words
    • 128 46 Reuter THE Japanese Transport Ministry has no plans to act on protests from the US, the European Community, Canada and Scandinavia that harbour levies discriminate against foreign shippers. This, says a Japanese ministry official, is because the levies were set through
      Reuter  -  128 words
    • 265 46 Reuter BELGIAN oil company Petrofina SA is cautious about the development of its earnings in 1990 because of a heavy investment programme. "1990 will be a year of consolidation," said chairman Jean-Pierre Amory at a news conference. He declined to be specific about
      Reuter  -  265 words
    • 90 46 JAPANESE shipping major Mitsui OSK Lines, forecasting substantial gains in pretax profit for the year ended Mar 31, 1990, is confident of paying dividends for the first time in four years. Profits are expected at 15 billion yen almost three times higher than the previous
      90 words
  • Page 29 Advertisements
    • 136 29 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING VESSEL/VOG SIN MAA CCU J VESTA 02N90 18/5 24/5 S EIGHT 03N90 16/5 23/5 CALL: 224 6071 (See Page 13 Column 4). Contaner Schedule 17 Daly Freights 17 Index to Advertisers -3 Shppmg Guide IQ.U Shtps m Port 17 Singapore Tides V Cockett bunker report
      136 words

  • Page 30 Advertisements
    • 219 30 Banking, Finance Insurance Supplement 1990 I Banking, Finance and Insurance Supplement, Business Times's I biggest and most established annual supplement, I is here again. The theme of this year's bumper issue, I scheduled to be published on May 24, 1990, is I Financial Sector Leading Singapore into the 90s. I
      219 words

  • Page 31 Advertisements
    • 2298 31 JARDINE SHIPfING AGENCIES %ll|V# 200 Cantonment Road #12 06 Sou tti point. Singapore 0208 \lllfr TH *****11 TELEX NO RS ***** IVflTmi TERMINAL CFS Te< *****18 220 rPffOgj BOOKINGS Tel *****34 235 SHI VA*# A PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 TELEX MA*****;MA***** iSnS PENANG TEL
      2,298 words
    • 1219 31 KMX TOfIDVERTISERS Col p# Ct A wMaerskLine 3 4/5 ABC Containerline 13 5 Ma.nfrogN 15 4 Accord Shpg 8 3-5 SC AlhalrosSesi-A.r 14 5 MsuShpfCop 1 Alfred CTocpfcr 15 5 McngHomgShpg 5 3 Ahrenkicl Liner 16 5 MOL APC Line 14 4 MOSK (Foresl) APL 5 3-5 MTM 16 3
      1,219 words
    • 2303 31 Vessel Vo* ETA I ETO 'Port "Penang DESTINATIONS Singapore Kelang Thie wee* M«ne M 9004 Feede# by ct ivs 0400 mrs m f«rco a Hi BBH HH IHHI CfS 14/S '800 MRS M Teuro OAK LGB MOU MEM ATL MIA CHS SAL PHL NYC MOW TOR METTE M 9004 IW
      2,303 words

  • Page 32 Advertisements
    • 1237 32 W0 I •r#lf UPIVI T IVH ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWFRP LE HAVRE CARDIGAN BAY 95/557 17/5 12/6 5/6 8/6 4/6 BERLIN EXPRESS 01/558 18/5 20/5 7/6 9/6 11/6 12/6 14/o KURAMA 05/560 24/5 19/6 12/6 15/6 11/6 18/6 BENAVON 94/563 27/5 13/6 15/6
      1,237 words
    • 585 32 SOUTH PACIFIC SERVICE SIN POM SUV PPT ISLA FLOREANA 30/5 10/6 17/6 23/6 DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 30/5 5/7 6/7 9/7 AgoontsT WM&MOT SINGAPORE: 5TM0456 c BOOKINGS: *****08 *****5 JOHORE: 07-*****2 PRNANG: 04-*****7 NORTHBOUND TO UKC IS PORE IROM/A'DAM HBG MULL(U K.) CLYDEBANK V ?8N
      585 words
    • 1536 32 FSjinuiiA &Msm wm*mm REGULAR independent full container service WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) HAM) ROT) JAPAN SEA 011W 18/05 22/05 09/06 11/06 13/06 15/06 16/06 17/06 18/06 19/06 NORASIA SUN 9012 3 25/05 29/05 17/06 19/06 21/06
      1,536 words

  • Page 33 Advertisements
    • 1355 33 flipping Times, Monday May 14 1999 Ltdjj p&o |raa A L Containers M ACCEPTS OUE SAILS Voy No S port Pdljnt Ston H'burg B haven R 4am Led BERLIN EXPRESS MjSM 17« 19/85 M/M OM6 M*» 07» CAW» CARDIGAN BAY WSS7 17« il/» W« Olfi* (W lOff BINTANC SERIA VO9E
      1,355 words
    • 1513 33 TO: EUROPE TQ: FAR EAST B CD ill RDM HAM B'HVN FIX SPORE MR KAO HOB BU uamiim KMAt/RF mm 12(5 JO/5 Jl/5 V* HANJIN OAKLAND 007E 14/5 17/5 11/5 21/5 24/5 I UAN Hrn iMTOWf 007* IS 5 6/6 7/6 »/6 10/6 11/6 CHOYANC SUCCESS (WE 21/5 31/5 1/6
      1,513 words
    • 27 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 31/5 KARACHI Ag«*i —u—> —I H.T.Y. TIWPOWTATOI 00. pre) LTD. Ttt ttmn Tbr RS ***** Fat ***** M
      27 words
    • 325 33 SINGAPORE CALCUnA AND SINGAPORE CHITTAGONG CONVENTIONAL SERVICE EASTERN CAR LINER LTD IS PLEASED TO ANNOUNCE THE LAUNCHING OF OUR NEW AND DEDICATED CONVENTIONAL SERVICE TO CALCUTTA AND CHITTAGONG M.V. ASIAN STAR V.No. 113 ETA SPORE 13.6.80 WE WELCOME YOUR ENQUIRY IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK
      325 words

  • Page 34 Advertisements
    • 631 34 Paget DJASAGETRI j A Joint Europe Service Of: FX DJAKARTA LLOYD F.T. BISURI LLOYD P.T. SAMUOERA INOONESIA P.T. TRIKORA LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE \fiLiMol S PORE R OAM/ H BURG BREMEN ANTWERP ADAM BAAB ULLAH/22W8 27 30/5 27/6 2/7 J/7 10/7 U. 80NTANG/21WB 28-29/6 26/7 M/ 7
      631 words
    • 780 34 (3) HANJIN SHIPPING FULL CONTAINER SERVICE HANI,N FELIXSTOWE »2W VT' S WSXE S CHOYANC PARK OWN 26/5 13/6 14/6 IV6 17/6 ll* 4* H BUSAN 101E W HANJIN OAKLAND OMW 2/6 21/6 22,6 24,6 2V6 HA ,m TO C HAt 0/31 CHOYANC SUCCESS OOSW 16/S 4/7 i/7 6/7 1/7 9/7
      780 words
    • 1422 34 fIJ -T fJ -1 Css s s s s s °5 "5 st a? sr sr s s 3 I I rura Si n* ?1 s nil »5 21/5 I# IK W 1W W W W JJB I Ivlr GLOBE »5 art W 4/6 W» "A I*l IS* MM I*7
      1,422 words

  • Page 35 Advertisements
    • 1545 35 Z NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) jfj BOOKINGS/ENQUIRIES: UK/EUROPE SERVICE *****19 AUST/INDIA/PAK SERVICE *****18 mf USA SERVICE *****16 FAR EAST SERVICE *****48 afl DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA eicoM cicooj| r K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4
      1,545 words
    • 1037 35 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 EAST BOUND LOADING FOR WESTBOUND i wsscls votace spore mawila hkonc voyasc vow PKLAN6 MUM r HAVEN TUWT WOTT AMTWRP
      1,037 words

  • Page 36 Advertisements
    • 1099 36 "■■■lW VOY *INOO '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 4/7 OOCL FAIR 20 28/5 29/5 31/5 23/6 3/7 5/7 7/7 11/7 RAINBOW BRIDGE 24 4/6 5/6 7/6 30/6
      1,099 words
    • 772 36 1 V Jab V a 1 B 111 V I w Jill 1 k i *»ri^^rTJiTA i lETD SIN (1 DAY) "I HI DAY) ~I Mi DAY) MENA 18/05/90 PORT KELANG JMftk PENANG i— BANGKOK JACQUELINE TWICE/WKLY R/YWlNfi rnNTATT ETD SIN (3 DAYS) (2 DAYS) (1 DAY) T 16/05/90 kon
      772 words
    • 327 36 Continental Pacific Shipping r jk TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR BYRON V Sid SW SW SETE/RDM/ANT FLU/UK ARBELA lb/5 19/5 23/5 SETE/RDMyANT/FLU/UK Loads Sabah,lndonesia MULTIPORT AGENCIES (S) /Q\ PTE. LTD. V TEL: *****77 FAX: 225M31 VI fJ/ P.K. MULTtPORT SON BHD TEL: *****09 TLX:
      327 words
    • 641 36 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD lioC4 23. Tel ok Ayer Street SINGAPORE 0104 TEL *****H (10 LINES) Fai *****04 (CR No. *****5SOOOOM) STRAITS/PERSIAN GULF SERVICE: Spore P. Ketone Pen** GOLDEN BEAR Colombo/Karadii/Dutei UXI May GOLDEN HARVEST Cotomtw jet* Dutai 2W24 May CHINA SERVICE am FU Huinftu/FuAou 24/21 May
      641 words

  • Page 37 Advertisements
    • 1530 37 jggg? PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSS? M mMI p Building, 140 Cecil Street *03-00, Singapore 0106. r_iiij -4 EOTN EL 9013 fi?s ti/S VESSEL VOV S,N BKK S,N «/It» !rli 23/5 PEGASUS PIONEER »1N 15/5 ia/S 22/5 D* LTAM AS ?m iSs KOTA »NOA 11N 18/5 It/5 23/5 DELTA
      1,530 words
    • 1418 37 r BENUNE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint m *****63 Singapore 0208. Telex: RS ***** FXPRFSS P.nMTAIMFR SERVICE TO UK/CONTINENT VKSEL|vQY SPORE PKLANG S HAMPTON HAMBURG BHAVEN R'DAM LHAVRE Berlin Express* 01/558 18/5 19/5 7/6 10/6 12/6 8/6 Cardigan Bay 95/557 17/5 Via Ban 11/6 5/6
      1,418 words



  • Page 40 Advertisements
    • 682 40 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO UNITED KINGDOM NORTH CONTINENT EUROPE OUTBOUND SIN FLX BRE RDM ANT HBG RST PANAMA SEN WFOI2 SID 06 6 07/6 09/6 10/6 10/6 T. WEN DA 5W 23/5 16/6 16/6 18,6 AMERICAN SEN WFOIS 29/5 21* 22/6 23/6 25/6 2t/6 0. CROTEWOHL
      682 words
    • 1147 40 we cowvprnowAi. Bnviq p KLC PNC PC Loading far YANCCMUAN 52 »^AMWP YANCCHUAN 21/4 RottonUm/Antworp CHINA woi cowtaoto mwa PKL PNC SPORE BKK HKC SHA QIN LYG WEI HE SO 27/3 25/3 31/3 6/4 10/4 YANC FANC KOU 125 31/3 2*3 5/4 11/4 19/4 20/4 Accent FCL Cargo for ill
      1,147 words
    • 329 40 I PHI PNC HKC INC ISM NAITINCMB It Hit May ab, 21 Har OCEAN CROWN V« li lb, 17 May It May Nk, Bib, JO May SINGAPORE GLORY VOO5 K May 24 May J Jun i Jul) RACNA MM C May 27 May 21 May I,m i>m SUSAN GLORY VIK
      329 words
    • 536 40 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA EXCLUSIVE ROUTES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS 1 AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka IIRAN I:Djulfa, Astara ETD SINGAPORE 17/5, 23/5, 28/5, 3/6 7/6. 9/6. 17/6, 19/6 lE. EUROPE I: To all inland points: Poland, Bulgaria, Czech,
      536 words
    • 532 40 ASEAN PORTS I WWI |ww 1 arnwww umh* 1 smi BHUM 446N I Fri lln Pt Hon 14/5 PIYA BHUM 224W Sat 12/5 Tua 15/5 JIRA BHUM* 07N Moo 14/5 Thur 17/5 MAHA BHUM (m Wad 16/5 fri 16/5 MCKHANIK KURAKO WW Thu 17/5 Sun 20/5 SIWI BHUM 447N Fri
      532 words

  • Page 41 Advertisements
    • 1096 41 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 S PORE LOADING FOR MV ALKINDI Sid Ummqasr/Baghdad EAST MALAYSIA SHIPPING ENT. (PTE) LTO 41-A AMOY STREET, S PORE 0106. TEL: *****18
      1,096 words
    • 182 41 TEL: *****33 (12 Line#) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) IhT', ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FO« SPOWE ANOINET 19W6 16/05 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA. HOC* 10 AH ABYOT Tiwß 21/06 OARESSALAAM MOMBASA DJIBOUTI
      182 words
    • 604 41 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA 6 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG f AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      604 words
    • 685 41 nm BAY OF BENGAL SERVICES MADRAS CALCUTTA msiu not an s« iORGCN VESTA O2WO 11/5 24/5 30/5 LEUVE 9124 W/5 24/6 01/6 JORGE* VESTA 03N90 30/5 05/6 11/6 LEUVE 9125 04/6 09/6 17/6 JORGEN VESTA 04N90 11/6 17/6 23/6 LEUVE 9126 17/6 19/6 27/6 JORGEN VESTA 05*90 23/6 29/6 05/7
      685 words
    • 409 41 TO AUSTRALIA/NEW ZEALAND VSL Smppori Ifr—tle ■»lt—rn« Spiny Aurklwi IMk t*t ovn»»li» ai vi tp v L HUOK2SS M J |/7 »P U/7 U7 W mussu is Hp pT? u m Im IS C. VCROUK 253 M fIM TM M 4V* 7 DATS TO FREMANTLE! TO USA/CANADA vsi iTimnor. In
      409 words

  • Page 42 Advertisements
    • 1156 42 MAC-NELS SINGAPORE lipiiT TEL: ttHOB* TEL: (04) *****6 K K TEL: (088) *****0 TAWAU TEL: (089) *****9 ■■■■■MHlfe KELANG TEL: (03) *****77 lIkuCHING TEL: (082) *****3 SKAN TEL: (089) *****2 J. BAHRU TEL: (07) *****2 HSIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 LU\y \_2_JIJAKARTA TEL: (21) *****7 lIMEDAN TEL:
      1,156 words
    • 375 42 ffgfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI sisfssas 8 L ,rr EL iSS R S^Sre. D A%TAHm SIN N Pit AUCK IVT NANOAMA 0572 In Pt O PREMIER «S Ma* i j"" MAHSURI 0574 I Jun W Jun Vw MPt n,u c-pnof AGENTS MIIUON SHIPrfNO AOENCT
      375 words
    • 991 42 3SI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vessel WT m KIT mo. w Hi *11 KIM SOON LI 20/90E 19 MAY PENANG JENHOL
      991 words

  • Page 43 Advertisements
    • 715 43 COMPANIA PERUANA DE VAPORES T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang* Singapore SHAPLAEVERETT 20/22 May 23/25 May ROSEEVERETT 1/3 Jun 4/6 Jun JOHNEVERETT 12/14 Jun 15/17 Jun "EVERETT ORIENT LINE"
      715 words
    • 669 43 FCL/LCL West Coast. Carribtoean.Eajt Canada. HAITI Guatemala and Honduras VSL |S PORE [MAINLINER [LAX [KST jSAV |NYC |Hf X~] A VESSEL 12/5 ZIM GENOA 9/6 1«« 21;* 23* 25* LEEWARD 11/5 ZIM KEELUNG ll* 27/1 JO* 2/7 4/7 ZIM MELBOURNE 24/5 ZIM IBERIA 27/6 t/7 1/7 11/7 13/7 ZIM OSAKA
      669 words
    • 710 43 SING KWANG HANG SHIPPMO TRANSPORTATION (FTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAY/T~l JENLINK 16/5 19/5 JENWEL 17/5 20/5 VESSEL S PORE BANGKOK A VESSEL 15/5 18/5 A VESSEL 19/5 22/S DESTINATIONS ETA SINGAPORE PORT KELANG 18 MAY MANILA 21 MAY HONG KONG, ALL CHINA PORTS 19 MAY
      710 words
    • 491 43 rw PERINTIS LINE I! I I ■mimiimil i 1111 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PRASFTIA 93A 16/5 19/5 PELOPOR 942 19/5 22/5 PRASETIA 95A 23/5 26/5 PELOPOR 943 26/5 29/5 TANTO UTAMA 77 19/5 22/5 TAN TO UTAMA 79 26/5 29/6
      491 words
    • 357 43 SIN PAH EAST 20/5 KEELUNG/KAOHSIUNG 20/5 BANGKOK 21/5 MANILA 19/5 JAKARTA 18/5 PORT KELANG/PENANG 18/5 BUSAN 18/5 TOKYO/YOKO/KOBE 21/5 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang; Shanghai S[N EUROPE/UK 19/5 LDN/FLX/LVP/SOU 21/5 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. UN USA/CANADA 18/5 L.A./NYC/SFO 18/5 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEAIANP
      357 words

  • Page 44 Advertisements
    • 469 44 transintra shipping (Singapore) private limited Cargo bookings Tefc *****8 (5 LINES) SRBIJA 18-20 MAY LDNG FOR BILBAO R'DAM 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 I V
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    • 252 44 VSL I DESTINATION I ETA SIN •JIRA BHUM 07N BANGKOK 14/5 MAHA BHUM WN BANGKOK l(/5 MEKHANIK KURAKO INN BANGKOK 17/5 SIRI BHUM 447N BANGKOK 11/5 SO ORIENT 21R CEBU. MANILA 25/5 AKA BHUM 20S CEBU. MANILA 11/5 O. STRENGTH 23A KARACHI. BOMBAY 21/5 VEGA 13A KARACHI. BOMBAY 15/5 JENLINK
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    • 297 44 Mmadkris business IT** CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME M.V.'DAGOHOY' 06/30 25TH MAY MANILA/BISLIG M.V.'DAGOHOY' 07/90 IST JUNE MANILA GENERAL ACT CALSOURCE SHIPPING TRADING PTE LTD. S3 ROBINSON RD. #05 01 AFRO ASIA BLOC S PORE
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    • 290 44 CM PENANG KL: alued-UNK SINGAPORE: m 04-*****2 *****8955 778 6522(22 linesi SEE® V hunna Oog Ng/ChrMiM CMn Alloa Yoo/EaMWf Yao I Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY SPORE JAKARTA EDEN 9013 16/05 19/05 DELTA MAS 154N/155S 20/05 23/05 EDEN 9014
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    • 165 44 1 t M S«N PTL OBN RBY ALS STRENGTH VOY 12AW 29/05 09/06 14/06 19/06 ALS ENOEAVOUR VOY 14W 08/06 19/06 24/06 TBN VOY 15W 19/06 30/06 06/07 Accepting 'FCL for Johannesburg VESSEL MY OBN FTI W BU> ALS TRUST VOY 08E 28/04 06/05 11/05 21/05 30/05 04/06 OHFU VOY
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  • Page 45 Miscellaneous
    • 442 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 01M 0200 0300 0400 0500 0800 0700 OMO MOO *****100 1200 *****M0 1500 1600 17M18M1500 20M 2100 2200 2300 jd 29 31 30 2.6 2.1 1.5 1.0 0.7 0.5 0.5 0.7 1.2 1.6 2.0 22 2.2 2.0 1.7 1.3 1.1
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  • Page 46 Advertisements
    • 291 46 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement on the right! PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANG SHALAMAR 13-15/5/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN
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    • 356 46 HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HKG SIN HYUNDAI COMMANDER 17E 18/05 24/05 11/06 14/06 1706 HYUNDAI INNOVATOR 31W 16/04 19/04 22/04 10/05 17/05 HYUNDAI PIONEER 32E 25/05 31/05 18/06 21/06 24/06 HYUNDAI
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    • 636 46 Call *****58 or Fax *****82 SINGA PUMP SERVICES PTE LTD RENTAL AMD SUPPPORT SERVICES Po~p-" Ft "CCS T'a's'c Hoses H« .i'cs T C«. EMERGENCY RESPONSE SERVICES FOR TACKLING ANY LIQUID CARGO PROBLEM H T'a-s'c P-"p-g Rehea:-g C^a^g MAXIMUM DEADWEIGHT TONNAGE =Weight of cargo, stores, ballast, GROSS TONS Total cubic capacity
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