The Business Times, 22 May 1990

Microfilm: NL17018
Total Pages: 46
1 46 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 170/12/89 Tuesday May 22 1990 75*
    10 words
  • NEWS SUMMARY
    • Article
      Iliescu projected to score big win in Romanian polls
      58 1 AN INDEPENDENT projection shows interim President lon lliescu won a landslide victory in Romania's first free elections in 53 years, but opponents complained yesterday that the vote was tainted by fraud. The first official results from last Sunday's election were published
      58 words
    • Article
      BOJ alarmed
      36 1 JAPAN'S rapid rate of money supply growth is partly fuelled by financial liberalisation but is nevertheless sending alarm signals to the country's central bank, a top Bank of Japan official said in Tokyo yesterday.
      36 words
    • Article
      Good reception
      35 1 SBC last year netted $1.5 million from selling rights to other broadcasting stations to run its drama serials, social dramas and variety shows, and from video tape rentals of its productions Page 2
      35 words
    • Article
      'Sick' offices
      25 1 UNHEALTHY offices make up one of the biggest causes of illness in the Central Business District, according to a recent survey Page 2
      25 words
    • Article
      Long way to go
      24 1 THAILAND is only half-way on the road to success, according to Dr Amnuay Viravan, the Bangkok Bank's chairman Page 9
      24 words
    • Article
      Bush wants better ties
      25 1 US PRESIDENT George Bush is aiming for a further improvement in US-Soviet relations during his summit with Mikhail Gorbachev. Page 10
      25 words
    • Article
      On the road to 1993
      32 1 EC FOREIGN ministers laid the groundwork for closer political integration by 1993 in weekend talks, but no one wants a federal united states of Europe Page 10
      32 words
    • Article
      Transportation tip
      28 1 MALAYSIAN Transport Minister Datuk Sen Dr Ling Liong Sik has urged shippers and exporters to use non-conference lines to reduce transportation costs. Shipping Times Page 1
      28 words
  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      38 1 WALL STREET stocks were lower in mid-morning trading yesterday as investors continued to consolidate recent gains, traders and analysts said. The Dow was off four at 2815 and declining issues were narrowly ahead of gainers.
      38 words
    • Article
      Footsie lower
      27 1 LONDON share prices fluctuated around last Friday's closing levels near noon yesterday. At 11.15 GMT, the Footsie 100-share index stood 5.5 points down at 2,263.6.
      27 words
    • Article
      Rights issue proposed
      21 1 CEMENT INDUSTRIES of Malaysia is proposing a rights issue with TSRs to raise M 5234.53 million Page 3
      21 words
    • Article
      F Merlin to expand
      21 1 FABER MERLIN plans to spend Msso million to expand its existing chain of eight hotels Page 3
      21 words
    • Article
      Registrar cracks down
      29 1 THE MALAYSIAN Registrar of Companies will get tough with broking firms and licensed traders found to have a hand in illegal trading of securities Page 4
      29 words
    • Article
      Nikko eyeing niches
      28 1 NIKKO SECURITIES plans to expand its operations in Singapore, including the possibility of launching new companies covering securitised real estates and securities research Page 7
      28 words
    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 800.97 +9.92 Kuala Lumpur ....570.63 +4.50 Hongkong 2,930.83 +4.94 Tokyo 31,765.05 -248.67 Sydney 1,458.0 -18.7 Friday Change New York 2,819.91 -11.80 London 2,269.1 -15.30
      29 words
    • Article
      CURRENCIES
      23 1 Exchange rates USS S$ 1.8535 Yen (100) S$l .209l MS SS0.6857 Money market rates Overnight 6 5/16% +1/8 3-montn 7 3/4 +1/8
      23 words
    • Article
      COMMODITIES
      26 1 London Gold PM fix US$373.10 +3.20 Rubber S'pore June 159.75 Vkg -0.25 M'sia June... ******/kg unch KL Tin Turnover 92 tonnes +10 Spot M$I7.06/kR +0.01
      26 words
  • Article
    IRD takes in record $6b in taxes, levies
    510 1  -  By Teh Hooi Ling REFLECTING the robust economy, total taxes and levies raked in by the Inland Revenue Department (IRD) shot up to a record $6 billion in the last financial year. This was a one-third increase from the $4.5 billion collected
    510 words
  • Article
    US firms raise capital spending budget
    553 1  -  By Chuang Peck Ming AMERICAN CORPORATIONS have earmarked US$5l2 million for buildings and equipment in Singapore this year, up from US$4BB million in 1989, a US Department of Commerce survey shows. The planned investment is an upward revision of a projection made six months
    553 words
  • Article
    Lock icon Hongkong slowly easing restrictions on foreign labour
    219 1 Reuter HONGKONG is slowly modifying strict controls on imported workers to ease a severe labour shortage but businessmen in the British colony say that more must be done. Economists and industrialists say that more liberal labour rules are needed to reduce rising costs
    Reuter  -  219 words
  • Article, Illustration
    Bank on this supplement again
    108 1 BT's 52-page banking, finance and insurance supplement is here again. Must reading for all, this year's bumper issue will include: Exclusive interviews with I.im Ho Kee (left), chairman of the Singapore Foreign Exchange Market Committee, and Insurance Commissioner Ijiw Song Keng; Indonesia's banking reforms: views
    108 words
  • Article
    NWC guidelines unlikely to have major changes
    353 1  -  By Anna Teo THIS YEAR'S wage guidelines from the National Wages Council are not expected to depart significantly from the set issued last year. The tripartite body has completed its latest round of deliberations and submitted the 1990 wage guidelines to the Cabinet
    353 words
  • Article
    Lock icon Cambodian pact accepted
    66 1 AFP VIETNAM and China have accepted an agreement between Phnom Penh Prime Minister Hun Sen and the resistance leadership to set up a joint ruling body in Cambodia, Vietnam's Foreign Minister said yesterday. The body would be set up after a ceasefire between the Chinese-backed guerillas led
    AFP  -  66 words
  • Article
    Local stock market closes sharply higher
    135 1 SHARE PRICES on the Singapore stock market closed sharply up yesterday, sustaining last week's buying pressure, while major markets in the region closed mixed. The Straits Times Industrials Index gained 18.11 points (more than one per cent) to 1,570.99, while the Business Times-Morgan Grenfell
    135 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      244 1 Nikon The World's Finest Photographic System. DIFFERENT STATES OF THE UNION 13 EDS FORMS MANILA SUBSIDIARY 14 LEAN, MEAN COKE ON THE PROWL 15 Ajrcratt Schedule 27 Money Changer Rates 27 World News 10 Commodities 26 Money Market 25 Cryptic Crossword 27 Regional News 4 Financial News 7 Regional Stock
      244 words
    • Advertisement
      Page 1 Advertisements Column 2
      37 1 Wikon I The World's Finest Photographic System j Cartier \o* mu/t* 6q a/tier Boutique/ SINGAPORE #01 -36. Lucky Plaza. 304 Orchard Road Tel *****27 #01 -04. The Shopping Gallery. Hilton International Singapore, 581. Orchard Road Tel *****96
      37 words
Page thumbnail Page 2
  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Global strategies forum attracts top executives
        96 2 MORE THAN 1,000 top executives of leading international corporations have confirmed their participation in the Global Strategies conference. According to an Economic Development Board statement yesterday, leading business executives of local companies, members of the diplomatic corps and the international media will also attend
        96 words
      • Article
        Surface engineering
        86 2 ASIA-PACIFIC Interfinish '90, a conference on materials finishing and surface engineering, will feature more than 60 technical papers by authors from all over the world. It will be held at the World Trade Centre from Nov 19 to 22, 1990. In conjunction with the conference, a comprehensive exhibition
        86 words
      • Article
        RIL appoints vice-president
        86 2 RAFFLES International Limited (RIL) has appointed Andrew Khoo as vice-president of its food and beverage operations. RIL, a wholly-owned subsidiary of DBS Land, was set up to provide management services for luxury hotels, resorts and tourism-related facilities. It manages restoration projects such as Raffles Hotel and the
        86 words
      • Article
        Facing the challenges
        86 2 THE challenges faced by the trading industry and the ways to overcome them are some of the topics which will be discussed at a dinner talk organised by the Corporate Planning Group on international trading. "Corporate Strategies of a Local International Trader" will feature Sam Chong Keen,
        86 words
    • Article
      SBC programmes get good reception overseas
      397 2  -  By Claire Leow THE Singapore Broadcasting Corporation (SBC) is doing a thriving trade selling its programmes overseas. Last year, SBC netted $1.5 million from selling rights to other broadcasting stations to run its drama serials, social dramas and variety shows, and from video tape
      397 words
    • Article
      Nomura and Nikko make changes to top management
      266 2  -  By Quak Hiang Whai TWO LEADING Japanese merchant banks in Singapore Nomura Singapore and Nikko Merchant Bank have made changes to their management at the very top. At Nomura Singapore, the subsidiary of Japan's largest brokerage house Nomura Securities, Hirohisa Eto has
      266 words
    • Article
      Manila keen on Singapore input in development
      263 2 AGAINST a backdrop of rising Singapore investments, the Manila government is keen to have Singapore developers enter into joint venture development of industrial estates there. The governor of the Philippines Board of Investments, Melito Salazar, told reporters yesterday that Singapore's expertise in this
      263 words
    • Article, Illustration
      Help, the building is suffocating me
      261 2  -  By Tah Hooi Ling UNHEALTHY offices form one of the biggest causes of illness in the Central Business District, according to a recent survey. About one in five persons there takes time off due to ailments caused by unhealthy office environment. Of these people,
      261 words
    • Article
      S'pore as environmental technology centre
      180 2 ENVIRONMENTAL technology companies and aid agencies are encouraged to use Singapore as a base to impart or market their expertise to developing countries, said Environment Minister Dr Ahmad Mattar yesterday. Singapore is poised to be the centre of environmental technology in this region because of
      180 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      415 2 Banking, Finance Insurance Supplement 1990 Business Times Nikko unit plans aggressive expansion, Pg7 wpr I 1 1 1 1 1 1 j r 1 CHANCE TO GEt CUSTOMISED SOLUTIONS TO YOUR AUTOMATION PROBLEMS HP M P flßl flB) Asia-Pacific Industrial Automation I mm II I I Exhibition and Conference I
      415 words
Page thumbnail Page 3
  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Lock icon Cement Industries proposes M$234m rights issue
      535 3 Bernama CEMENT INDUSTRIES of Malaysia Bhd (CIMA) has proposed a renounceable rights issue of 58.63 million new shares of MSI.OO each with 14.65 million detachable transferable subscription rights (TSRs) on the basis of one rights share for each existing share held at an issue
      Bernama  -  535 words
    • Article, Illustration
      Burwill plans joint venture with Intraco
      456 3  -  By Conrad Raj HONGKONG metals trading firm Burwill Holdings which is being listed today on the Stock Exchange of Singapore is looking into setting up a joint venture here with its second largest shareholder, Intraco. Burwill managing director Ulrich Hoffman disclosed yesterday that the
      456 words
    • Article
      Lock icon Kesang drops Coramas suit
      392 3 Bernama KESANG CORPORATION Bhd has found it unnecessary to pursue further the High Court case pertaining to the alleged sale of its 7.8 million shares to Coramas Sdn Bhd as Bank Negara has not approved the transaction. Executive chairman Datuk Mat Shah Safuan said after the
      Bernama  -  392 words
    • Article
      Lock icon Cheer and fear in Hongkong
      543 3 MARKET TALK Reuter A WAVE of speculation in the Hongkong stock market, believed to be driven by Taiwanese investors, is a mixed blessing, brokers and analysts say. With blue chips holding back in the run-up to 1997, punters' enthusiasm for second liners has given the
      Reuter  -  543 words
    • Article
      Lock icon F Merlin to spend M$50m expanding hotel chain
      272 3 NST FABER MERLIN Malaysia (FMM), currently undergoing a restructuring, plans to spend Msso million to expand its existing chain of eight hotels following the sale of flagship Kuala Lumpur Merlin/Wisma Merlin in February. Sources said the expansion, to be undertaken in stages
      NST  -  272 words
    • COMPANY BRIEFS
      • Article
        Electro Magnetic yet to decide
        94 3 ELECTRO MAGNETIC (S) Ltd, responding to queries from the Stock Exchange of Singapore, said yesterday it had received several financing proposals from various financial institutions but has not reached a decision on the matter. EMS requested a suspension in trading last Friday following a BT
        94 words
      • Article
        Kinta Kellas in the red
        51 3 KINTA KELLAS Investments pic has reported group loss after tax and minorities of M 5653,000 (loss of $427,000) for the year ended March 31, 1990. Loss per share came to 10.3 sen (6.8 sen) while NTA stood at 34.8 sen (33.7 sen). No dividend was
        51 words
      • Article
        KFC posts $3.69 m profit
        117 3 KFC HOLDINGS (M) Bhd, the fast food-based group, has reported a pre-tax operating profit of $3.69 million for the year ended Dec 31, 1989. In the 1988 financial year, KFC recorded an operating profit of $11.01 million, the company disclosed when presenting its unaudited 1989
        117 words
    • Article
      Van der Horst's profit up sharply
      225 3 ENGINEERING group Van der Horst continues to march strongly into the black with a fourfold increase in group after tax profit for the six months to March 31, 1990. With no extraordinary items, group bottomline profit was the same at $1.61 million, up from
      225 words
  • Page 3 Advertisements
Page thumbnail Page 4
  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Coca-Cola Amatil's bid for CC Bottlers approved
        92 4 COCA-COLA AMATIL LTD has gained regulatory approval for its takeover of CC Bottlers Ltd and has raised its stake in the firm to around 47 per cent. Coca-Cola Amatil, 59.5 per cent owned by The Coca-Cola Co, said it had won approval for
        92 words
      • Article
        TDK forecasts rise in profit
        115 4 TDK CORP expects parent net profit to increase to 24 billion yen in the year ending March 31, 1991, from 21.77 billion yen a year earlier. The magnetic tape maker sees current profit rising to 49 billion yen in 1990/91 from 44.23 billion the previous
        115 words
      • Article
        Mitsubishi Electric sales plan
        77 4 MITSUBISHI ELECTRIC CORP plans to boost sales of electrical machinery for factory use to 250 billion yen in the fiscal year ending March 31, 1993, from 185 billion in 1989/90, a company spokesman said. This covers such items as inverters, circuit breakers, electric motors and programmable
        77 words
      • Article
        Dainippon expects more income
        128 4 DAINIPPON SCREEN Manufacturing Co Ltd, a maker of precision machinery for printing, expects parent net profit to rise to five billion yen in the year to March 31, 1991, from 4.49 billion a year earlier. Current profit is projected to rise to 10 billion yen from
        128 words
      • Article
        Diamante to be sold in US
        59 4 MITSUBISHI MOTORS CORP will start exporting its new luxury four-door sedan, the Diamante, mainly to the US in March, 1991, a company spokesman said. The company hopes to export 1,500 cars a month. Mitsubishi started marketing the Diamante cars, equipped with V-6 2,000 cc,
        59 words
      • Article
        Bond sells Endeavour stake
        57 4 BOND CORP HOLDINGS LTD has sold the rest of its 65 per cent interest in Endeavour Resources Ltd to Western Australian mining entrepreneur Ross Atkins' Bengal Star Pty Ltd, Australian Associated Press reported. More than 71 million shares in Endeavour were traded yesterday at Mr Atkins'
        57 words
    • Article
      Lock icon Australian airline offers investors free travel
      432 4 Reuter COMPASS Holdings Ltd, the company bidding to become Australia's third major domestic airline after deregulation in November, is offering free air travel to Australians who invest in the company. Bryan Grey, the company's chief executive, said in Sydney yesterday that shareholders in the
      Reuter  -  432 words
    • Article
      Lock icon Pilecon Engineering chalks up 47pc rise in profit
      292 4 MBT PILECON ENGINEERING has posted a 47 per cent rise in group pre-tax profit to M 57.95 million for the year ended Dec 31, 1989. This was made up of $7.23 million in operating profit and $725,000 in share of profit of
      MBT  -  292 words
    • Article
      Lock icon George Kent (M) is back in the black
      293 4 MBT GEORGE KENT (Malaysia) is back in the black with a group pre-tax profit of M 54.88 million for the year ended Jan 31, 1990, against a loss of M 55.46 million previously. This was achieved on a 34 per cent rise
      MBT  -  293 words
    • Article
      Lock icon BTR confident despite sagging Aussie economy
      538 4 Reuter SHARE MARKET darling BTR Nylex Ltd is confident of bucking the Australian earnings trend with solid profit growth this year, and probably also a multi-billion dollar acquisition. Other companies are struggling to manage flat profits but BTR aging director Alan Jackson says his
      Reuter  -  538 words
    • Article
      Lock icon KL registrar warns against illegal trading of securities
      538 4 NST THE MALAYSIAN Registrar of Companies has issued a strong warning to stockbroking firms and licensed traders, saying it will come down hard on those found to have a hand in illegal trading of securities. Errant broking firms and licensed traders, particularly
      NST  -  538 words
    • Article
      Lock icon Green light for Ashton's takeover of Carr Boyd
      153 4 Reuter DIAMOND and gold miner Ashton Mining Ltd has beea advised that the Federal Government's Foreign Investment Review Board of Australia has no objections to its take over bid for Can- Boyd Minerals Ltd. Ashton, which already owns 46.S per cent of
      Reuter  -  153 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      188 4 HOTEL MERIDIEN Pull a few strings. l ake a business break in Phuket. Have your next meeting on a tropical island. Le Meridien Phuket has a special meetings package that cost-effectively combines efficient business facilities and the pleasures of life on a tropical island. The full 'Meeting Package' includes: three
      188 words
    • Advertisement
      Page 4 Advertisements Column 2
      291 4 M Su c ity MBA 2nd Intake By Distance learning Commencing in July 1990 Admission Criteria Innovfltions and Strengths Founded in 1927, The University of HuJI is one of the most f' RST to J2!S?SI2^1 AnalyS,S Portfol, prestigious Bntish universities. It is a centre of excellence in aoiftome Annrnarh tn
      291 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      143 5 'fe. "Wealth not his that has it, But his that enjoys it." Benjamin Franklin I MIS I' 4s a /axury sedan r/, a r /»a s eI d its own /or a/m os r a drcdr, r/, c Mercedes-Benz SClan remaps a su6/,cf of appreciation and marvel Enthusiasm for this
      143 words
Page thumbnail Page 6
  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Philips being sued by US shareholders
        103 6 DUTCH ELECTRONICS group NV Philips Gloeilampenfabrieken said in a statement that US shareholders are suing it, claiming the Dutch group issued wrong information about business progress. It said shareholders claim Philips gave incorrect information to shareholders between Jan 8 and May 3 this year.
        103 words
      • Article
        Dutch bank and insurer merge
        111 6 DUTCH INSURER NV Amev and savings bank VSB Groep NV said in a statement they have completed a merger. The two announced they were studying a merger last year but the plans had to be put on hold until the Dutch Finance Ministry lifted a
        111 words
      • Article
        Bank Leu takeover details
        106 6 SWITZERLAND'S CS Holding already has 41.6 per cent of the voting rights in Bank Leu, which it plans to take over. CS Holding, owner of Credit Suisse, published the news and its exchange offer for Leu shares in the Tages Anzeiger daily. Previously CS Holding had
        106 words
      • Article
        UK govt clears acquisition
        71 6 THE UK Department of Trade and Industry said it cleared the acquisition by Renown Inc of British quality clothes company Aquascutum Group pic Japanese clothing retailer Renown made an agreed cash offer for Aquascutum on April 23 which valued the British group at around £73.8 million.
        71 words
      • Article
        Gold exploration joint venture
        99 6 MINERAL EXPLORATION company Andaman Resources pic said its 50-per cent owned Orminex SA unit has entered into a Spanish gold exploration venture with Billiton Espanola SA, a subsidiary of the Royal Dutch/Shell Group. Andaman said the joint venture is to investigate further the El Cigarron mining
        99 words
    • Article
      Lock icon BAT likely to turn in lower first quarter profit
      239 6 Reuter BAT Industries pic, fresh from escaping the takeover attention of Sir James Goldsmith's Hoylake Investments Ltd, is expected to announce lower first quarter pre-tax profit tomorrow. Analysts said losses at BATs UK Eagle Star insurance unit and a previously announced
      Reuter  -  239 words
    • Article
      Lock icon Dutch contractor buys Rush & Tompkins businesses in UK
      304 6 Dutch contractor buys Rush Tompkins businesses in UK FT A LARGE PART of the contracting business of Rush Tompkins, the failed development group, has been sold to Ballast Nedam, the Dutch contractor acquired by British Aerospace at the end of 1987. Although based in The Netherlands, Ballast has worked in
      FT  -  304 words
    • Article
      Lock icon Chip makers in merger talks
      379 6 FT SIEMENS of West Germany and the Italian-French SGSThomson (ST) Group, two of Europe's largest semiconductor makers, are discussing plans for closer collaboration which could involve merging their microchip businesses. The talks, which began earlier this year, were triggered by the companies' desire to expand
      FT  -  379 words
    • Article, Illustration
      Lock icon BT's revamp charge may be as high as £300m
      513 6 Reuter BRITISH Telecommunications pic, whose full-year results will be released on Thursday, is expected to report a pre-tax profit of £2.68 billion. But the most important aspect of the results will be the likely amount of provisions the company will make,
      Reuter  -  513 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      226 6 v.:. r*' ■y? V w- V "y**" "V p- '••'"7 **f; •v 1 ...V- v/ >• fPI K v.... .v .i. 1 :'H' 1 v'' .'I- r ..•'■y'-H v V v S ,s -V; n m K m iipn kb V K 4k m m 1 k£L- VI Br 131
      226 words
    • Advertisement
      Page 6 Advertisements Column 2
      120 6 DATABASE ANALYSIS FOR THE EQUITIES MARKET TECHAMAHC a Database Analysis module. Offers an exhaustive fist of number-crunching facilities indispensable to every Research Department Select from a comprehensive list of analyses on Stock Price, Volume, Price Changes daily, weekly or monthly. In-depth Comparative and Ranking studies can be performed on the
      120 words
Page thumbnail Page 7
  • FINANCIAL NEWS
    • Article
      Lock icon Japan, US discuss more liberal money markets
      161 7 AFP JAPAN and the United States opened bilateral financial talks yesterday to discuss further liberalisation of the Tokyo money and capital markets, finance ministry officials said. The Tokyo officials, however, refused to disclose topics to be discussed at the two-day meeting. A joint
      AFP  -  161 words
    • Article
      Lock icon Fed study confirms tightening of loans
      180 7 NYT A FEDERAL Reserve Board study. confirmed last Friday what many financial experts have been saying for weeks: America's commercial banks are restricting loans and other types of credit to small and medium-sized companies. But at the same time, the Fed's study of 60
      NYT  -  180 words
    • Article
      Nikko subsidiary plans aggressive expansion
      378 7  -  By! Quak Hiang Whai THE NIKKO MERCHANT Bank, the Singapore subsidiary of the Japan's Nikko Securities, is expected to steal the limelight from its Hongkong counterpart with its plans to introduce securitised real estate papers, venture capital and a research unit here. In an exclusive
      378 words
    • Article
      Inflation fear bugs NZ economy
      349 7  -  By Hong Lee Tiam LACK of confidence in the ability of the New Zealand government to bring inflation down to two per cent by 1992 has affected the country's economic performance although reports and evidence point to the contrary. This point was made yesterday by
      349 words
    • Article, Illustration
      Lock icon Move will strengthen City's role
      171 7 AFP THE choice of London as headquarters of the future European Bank for Reconstruction and Development (EBRD) strengthens the city's role as the leading European financial centre, financial observers say, at a time when its pre-eminence is threatened by Paris and Frankfurt. London, in competition
      AFP  -  171 words
    • Article
      Mah Bow Tan to address leasing convention
      189 7 THE Minister of State for Trade and Industry, Mr Mah Bow Tan, will deliver the keynote address at the Bth World Leasing Convention to be held in Singapore from June 4 to 6. To be held at Shangri-La Hotel, this convention will be
      189 words
    • Article
      Lock icon Attali: the right man for the job
      296 7 Reuter FRENCH presidential adviser Jacques Attali will take one of the world's best contact books to London when he starts his new job as first president of the new development bank for East Europe. For the past nine years Mr Attali has lived
      Reuter  -  296 words
    • SMALL CHANGE
      • Article
        UOB's bid to entice below 12-year-olds
        59 7 THOSE who are aged below 12 are in the hit list in United Overseas Bank's latest Fun Savers' Month campaign. Carrots to entice the younger population to save with the bank include free tickets to a film on Teenage Mutant Ninja Turtle, excursions to
        59 words
      • Article
        ANZ expects further rate cuts
        60 7 AUSTRALIA and New Zealand Banking Group Ltd said it expected further interest rate cuts in the second half of 1990, justified by an expected easing in import and inflationary pressures. In its latest Business Indicators statement the bank said Australia was in the middle of
        60 words
      • Article
        Aussie bank shares tumble
        107 7 SHARES of Australia's three major listed banks took a further pounding due to heightened jitters about the economy and the banking sector in particular. "Investors are still not sure if we have seen the worst of the bad debts from the banks," said analyst Wilson Lee
        107 words
      • Article
        Beijing to roll over bonds
        67 7 CHINA, short of cash and expecting another wide government deficit this year, plans to roll over many maturing treasury and construction bonds. The Weekly Literary Gazette, a publication from the south China city of Fuzhou, said that bonds purchased by state companies and government departments
        67 words
      • Article
        China bank to settle dispute
        105 7 A CHINESE state-run bank said it agreed with Security Pacific National Bank of the US to settle a dispute over US$7.4 million of bills. The People's Construction Bank of China said the initial accord called for an end to a suit filed against it by
        105 words
      • Article
        Peso may fall further
        56 7 THE Philippine peso is expected to depreciate by around eight per cent this year, but bankers believe the government has ruled out a formal one-step devaluation. The Philippine currency hit a record low of 22.92 against the dollar last week, a 2.18 per cent fall from
        56 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      254 7 A TOP-LEVEL 2-DAY RESIDENTIAL SEMINAR IN BATAM mm INDONESIA IN 1990s mm PROGRAMME HIGHLIGHTS: WELCOME AND OVER VIEW OF DEVELOPMENT Prof. Dr. lng. BJ. HABIBIE, Minister of Research Technology and Chairman of Batam Industrial Development Authority INVESTMENT PROSPECTS Ir SANYOTO SASTROWARDOYO, Chairman of the Investment Coordinating Board BKPM INDUSTRIAL DEVELOPMENT
      254 words
    • Advertisement
      Page 7 Advertisements Column 2
      99 7 In Penang where else but the Shangri-La. Known for its superb business and conference facilities Famous tor its impeccable service Located in the heart of historic Georgetown The Shangn-La Where else for the best of business and pleasure in Penang Shongri La hotel PENANG. MALAYSIA A SHANGRI-LA NTCRNAriONAL HOTEL SHANGRI-LA
      99 words
  • Page 7 Miscellaneous
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      227 8 OUR ENGINEERS CAN ALWAYS COME UP WITH THE PRODUCT SPECS ON TIME. IjSp J ■ttfej; 4 rtiJf 1 HH lI^MPj <Sjflg^HMPM{ *J&& *Hk K iH Bb K.,, m 1 I .—J TJT ynp nr l a t TCT7 Designing custom chips to specs isn't one of the easiest ways to
      227 words
Page thumbnail Page 9
  • THE REGION
    • Article
      Room for improvement in Thai economy: expert
      355 9 THAILAND is only half-way on the road to success, says Dr Amnuay Viravan, chairman of the Thai National Economic and Social Development Board (NESDB) and of Bangkok Bank. The Nation reported that Dr Amnuay outlined the past, present and future of cooperation between
      355 words
    • Article, Illustration
      Saving time in Manila
      61 9 MANILA City Hall clock was moved ahead by one hour yesterday as President Corazon Aquino ordered the government and private offices to adjust to the nationwide daylightsaving time to cope with a severe power shortage. The emergency measure moves the Philippines from eight hours GMT to
      61 words
    • Article
      Lock icon Resurgent Viet fishing industry in choppy waters
      267 9 Reuter VIETNAM's reviving fishing industry, crippled by the exodus of refugee boats in the late *****, is now grappling with a shortage of investment capital and an inconsistent policy on foreign joint ventures. Fish production has climbed back to levels last seen in
      Reuter  -  267 words
    • Article
      Lock icon June date for new round of bases talks
      355 9 AFP PHILIPPINE and US negotiators plan to meet in Manila again in June for an "intermediate" round of talks on the future of American military bases in the country, an official said yesterday. Rafael Alunan, Philippine spokesman in last week's exploratory talks
      AFP  -  355 words
    • Article
      Lock icon Asean to counter lobby against tropical timber
      329 9 AFP THE Association of Southeast Asian Nations (Asean) will send a ministerial delegation to counter an anti-tropi-cal timber lobby in consuming countries in July, a Malaysian official said in Kuala Lumpur yesterday. Indonesian Agriculture Minister Hajsrul Harahap will lead the delegation to Europe,
      AFP  -  329 words
    • Article
      Lock icon Daim urges speed in privatisation
      138 9 MBT MALAYSIAN Finance Minister Datuk Paduka Daim Zainuddin has urged all busi-ness-oriented government companies and agencies with the potential to be privatised to do so as soon as possible. Privatisation of these companies, he said, will not only benefit their employees but will also boost
      MBT  -  138 words
    • Article
      Lock icon Call for special M'sian state panels to study industrial needs
      344 9 MBT MALAYSIAN state governments have been asked to set up special panels, which must include representatives from the private sector, to look into the industrial needs of their respective regions. The chief secretary to the government, Datuk Ahmad Sarji Abdul
      MBT  -  344 words
    • NOTE BOOK
      • Article
        Thai police seize arms
        133 9 THAI border police on Sunday seized a large cache of arms near a Thai village close by the eastern border with Cambodia. Colonel Seksan Oonsamram said his men uncovered a cache of weapons near Ban Na Ngarm village, located eight kilometres from the Thai-Cambodia border. Colonel
        133 words
      • Article
        Who's to succeed?
        72 9 CHOOSING a successor for the late Joseph-Marie Cardinal Trinh Van Can as head of the Vietnamese Roman Catholic church could add new tensions to relations between Hanoi and the Vatican. Observers in Hanoi said yesterday that the Holy See and Hanoi have already differed over naming a
        72 words
      • Article
        Burmese officers killed
        71 9 FOUR Burmese officers who quit the military to side with dissidents have been found shot dead in a cemetery at the Thai town of Mae Sot on the border with Burma. Police said on Sunday that the victims included air force Lieutenant Heng Sou and naval lieutenant
        71 words
      • Article
        Jakarta on separatism
        82 9 THE Indonesian government would not justify nor support separatist efforts, notably the recent proclamation of the Bougainville republic in neighbouring Papua New Guinea (PNG), a foreign ministry statement in Jakarta said yesterday. The statement, issued in the wake of the independence prodamation issued by separatists on Papua
        82 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      486 9 BroaicistMßß .'jmwH-in* It 1 —mmma ASIA'S FIRST INTERNATIONAL BROADCASTING EVENT Visit BroadcastAsia9o, Asia's very first International Broadcasting Exhibition fiom 29 May -1 June 1990 for a complete update of the latest equipment and technology for the sound, film and video industries. W At BroadcastAsta9o, you'll get a chance to source
      486 words
Page thumbnail Page 10
  • THE WORLD
    • WORLD WATCH
      • Article
        Taipei economic growth expected to rise
        113 10 TAIWAN'S ECONOMY will grow by a real 7.48 per cent in the first half of 1991 compared with the first half of this year, against a revised forecast of 7.23 per cent growth for all of 1990 and 7.18 per cent last year, the
        113 words
      • Article
        Call to emphasise development
        79 10 AFRICAN ECONOMIC MINISTERS want the Organisation of African Unity (OAU) to put economic development at the top of its July summit agenda, officials at a United Nationssponsored meeting said in Tripoli. "The main problem for Africa isn't political, it's economic," said one senior delegate at the
        79 words
      • Article
        Mexico eyes Asian investment
        102 10 MEXICO is eager to attract investment from Asia, says Mexican President Carlos Salinas de Gortari. Speaking via satellite to members of the Pacific Rim Economic Council meeting in Tokyo last Sunday, he said: "For my country growth is not an option but a necessity. That is
        102 words
      • Article
        No confidence motion defeated
        94 10 THE FIRST MOTION of no confidence in the Moroccan government in 26 years was defeated by 200 votes to 82 after a stormy all-night parliamentary session last Sunday. With four pro-government parties having an absolute majority in the Chamber of Representatives, rejection of the censure motion
        94 words
      • Article
        Strike call by Russian loyalists
        60 10 MEMBERS of Estonia's Russian-speaking minority opposed to independence for the Baltic republic threatened to defy the law yesterday by staging strikes in key industries. But it was not clear to what extent workers would heed the calls for a walkout, as large numbers of Russian
        60 words
      • Article
        Tokyo denies offering aid
        86 10 JAPAN yesterday denied that it has pledged financial aid to Peru if Alberto Fujimori, the son of Japanese immigrants, becomes the country's next president. "We have no knowledge of any such promise," a Foreign Ministry spokesman said of reports that Japan had promised substantial aid. Mr
        86 words
    • Article
      Lock icon Bush seeks even better ties with the Soviets
      471 10 Reuter US PRESIDENT George Bush is aiming for further improvement in US-Soviet relations during his summit with Mikhail Gorbachev and says he hopes a deal to cut conventional arms can be reached this year. "We're talking to the Soviets at a time
      Reuter  -  471 words
    • Article
      Lock icon Talks pave way for closer EC political integration
      226 10 AP EC FOREIGN ministers have laid the groundwork for closer political integration by 1993, but have made it clear that none of the 12 member nations is prepared to accept a federal United States of Europe. Irish Foreign Minister Gerry Collins described
      AP  -  226 words
    • Article, Illustration
      Lock icon 'Ex-Chinese envoy not seeking asylum9
      173 10 'Ex-Chinese envoy not seeking asylum 9 Reuter A FORMER Chinese representative in Hongkong, Xu Jiatun. is resting in California but does not intend to seek political asylum, said the founder of a Buddhist temple in Los Angeles last Sunday. Master Hsing Yun said in a statement to reporters that Mr
      Reuter; Source: AFP picture  -  173 words
    • Article
      Lock icon Cocom agrees to boost exports to East Bloc
      234 10 Reuter WESTERN ALLIES have informally agreed to allow more exports of machine tools to former communist countries in East Europe, said diplomats in Paris at the weekend. Senior delegates from the 17 members of Cocom, the North Atlantic Treaty Organisation's trade watchdog,
      Reuter  -  234 words
    • Article
      Lock icon Six Arab nations have missiles: PLO
      145 10 AFP SIX ARAB COUNTRIES possess medium-range missiles capable of reaching Israel, says a leading adviser to Palestine Liberation Organisation leader Yasser Arafat. Nabil Chaath, Mr Arafat's political adviser, said last Sunday that another five Arab countries possessed chemical and bacteriological weapons. Speaking in Cairo,
      AFP  -  145 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      126 10 Because we fly non-stop from Bangkok to Amsterdam, Athens, Copenhagen, Frankfurt, London, Rome, Stockholm and Zurich, it's not only our excellent service that gives an impression that long flights are shorter. They are shorter! >'Wr 3R§g i KSW&S *''*'A• V' w 4 >"' '7 MSr- ;y I F !£l RSIIHB
      126 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      309 11 r Does J you both Visa and MasterCard,) allow you to use our nrnnnt~p c\vc\ X. 1 vV\ M money rather than your own, for up to 45 days. Interest Free. In fact, if you need a little more time to repay 1 I I you can opt to pay
      309 words
Page thumbnail Page 12
  • Article
    The business of aid
    492 12 EDITORIAL IF YOU can't beat 'em... The United States chipped another splinter in its treasured free trade plank last week when it announced US$5OO million in aid to be distributed among Indonesia, Pakistan, the Philippines and Thailand. This time the new aid package is to come
    492 words
  • WHAT THE OTHERS SAY
    • Article
      The tied-aid game
      211 12 AMERICA'S decision to set up a US$5OO million fund to promote US business in Asia is tantamount to offering "tied aid". Under it, a recipient will get credits only if it buys equipment necessary for major development projects from the donor country. Washington had been dead against
      211 words
    • Article
      Sorry sans qualifications
      153 12 THE ISSUE of Japanese atrocities in World War II has once again reared its ugly head, this time a couple of days ahead of the visit to Japan by South Korean President Roh Tae Woo. It centres on the question of whether or not the Japanese emperor
      153 words
    • Article
      Becoming one
      123 12 IT HAS BEEN said that Singaporeans only feel they are Singaporeans during the National Day parade. They do not have such feelings at other time. This may be because the celebration of National Day is like no other an evocative tableau of the country's achievements is presented before
      123 words
  • REGIONAL VIEWPOINTS
    • Article
      A rude shock
      210 12 AS LONG AS a country remains a beneficiary of the American Generalised System of Preferences (GSP), it is at the mercy of the of the host country. In other words, the US can bar any country, anytime it likes, or for whatever reason. Terry Collingsworth, general counsel
      210 words
    • Article
      Labour pains
      181 12 HONGKONG'S chronic labour problem appears to have no easy solution. In spite of the downturn in the economy, due to both the legacy of Tiananmen Square and global economic forces, there are still not enough workers to meet the territory's needs. The shortage has such a knock-on effect
      181 words
    • Article
      Commendable gesture
      114 12 FOR THE FIRST TIME since 1949, Taiwan has agreed to hold direct talks with Beijing. President Li Teng Hui said Taiwan was ready to open government talks with Beijing. By so doing, it has tacitly recognised the existence of the government in mainland China, which it has tried
      114 words
  • Article, Illustration
    Lock icon Fabulous Baker boy
    682 12  -  The man who has smoothened the path to a Bush-Gorbachev summit, says Alan Eisner, is none other than the Alan Elsner Reuter AMERICAN Secretary of State James Baker's successful mission to the Soviet Union has gone a long way towards ensuring a triumphal summit at the end
    Reuter  -  682 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      126 12 (SEASONAL LOWS PREDICTED) LlldiiL has decided to help motorists weather the storm of high costs of driving a car, with a special low-rate season. Starting now you can rent a well-maintained car, any make, economy to luxury, self-drive or chauffeured, at a lower rate than usual. You'll find that our
      126 words
  • Page 12 Miscellaneous
Page thumbnail Page 13
  • ANALYSIS
    • Article
      Lock icon Executing a tightrope act across the Amazon
      814 13  -  Barely thawed out since the savings freeze in March, Brazilians are in for another big chill, reports James Brooke James Brooke NYT TWO MONTHS after taking office, President Fernando Collor de Mello is fast approaching what could turn out to be the moment
      NYT  -  814 words
    • Article, Illustration
      Lock icon Different states of the union
      1090 13  -  Having set a deadline for 'total unity', the 12 EC states are facing a plague of vague definitions, writes Alan Riding Alan Riding NYT WITH plans to create a single trading market already well advanced, the 12 nations of the European Community have set themselves
      NYT  -  1,090 words
    • Article, Illustration
      Lock icon When two past wrongs make a present right
      675 13  -  Eric Scherer discusses the new morality of Japan's twin surpluses Eric Scherer AFP AFTER bashing Japan for years for its enormous trade and current account surpluses, Tokyo's trading partners are taking a new tack as they scramble for fresh capital in the
      AFP  -  675 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      106 13 With aerodynamic lines and a low drag coefficient, little wonder it's way One may liken the new Samsomte Focus many high-tech innovations Attache to a sports car. Proving once again, that the Focus Attache Its streamlined grip, smooth curves and is ahead of the competition sturdy magnesium frame make for
      106 words
Page thumbnail Page 14
  • FOCUS 1
    • Article, Illustration
      Microsoft to set up office next month
      213 14 COME next month, the world's biggest microcomputer software manufacturer will open an office in Singapore. Microsoft Corporation, which will temporarily base its office in the executive centre of the Westin hotels, said Singapore is its first subsidiary in South-east Asia. It will also
      213 words
    • Article, Illustration
      EDS forms Manila subsidiary
      369 14  -  INNOVATION EDITED BY WAITON MORAIS From Al O Labita Jr and Phang Hsiao Chung LOCAL software systems house Electronic Data Systems (EDS) has established a subsidiary in Manila as part of its expansion drive in Asia. The subsidiary, EDS International (Philippines) Inc, is a joint venture
      369 words
    • Article
      Lock icon Compaq unveils two desktop computers
      118 14 Reuter COMPAQ Computer Corp yesterday introduced two new desktop computers on Monday, adding to its line of products that allow personal computer users to share files and other resources across local area networks. The new Compaq Deskpro 386N PC is based on the 16-MHz 386SX
      Reuter  -  118 words
    • Article
      Lock icon Software group picks technologies
      115 14 Reuter THE OPEN Software Foundation has selected several technologies for its distributed computing environment after an industry-wide selection process that began in June last year. The US-based group said it selected NCS/RPC services from Hewlett-Packard Co and Digital Equipment Corp's DECons service, a directory service from
      Reuter  -  115 words
    • Article
      Lock icon Former IBM chief relives his fears and triumphs
      471 14 NYT AS A small boy in knee breeches, he tossed confetti made from keypunch cards, was dragged along to sales conventions, and played on the Oriental rugs in the Fifth Avenue office where his father ran the tabulating machine business that in
      NYT  -  471 words
    • Article, Illustration
      Lock icon Lean, mean Coke on the prowl for bigger market share
      1422 15  -  When the going gets tough, Coke gets going abroad, in a big way. Anthony Ramirez reports on greener pastures sought by the soft-drink colossus Anthony Ramirez NYT COCA-COLA Co's new plant in Dunkirk, France, which opened last Saturday, is its
      NYT  -  1,422 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      239 14 GOOD IDEAS KEEP COMING UP Compact. "—nm,.■ mtr *1 TTie new laser printer that's It emulates sof the most popular Flexible paper Handling manual u printers: HP LaserJet Series 11, Epson feed accepts even envelopes and small in size, big on quality. FX-80, IBM Graphics Printer, IBM Pro transparencies The
      239 words
    • Advertisement
      Page 14 Advertisements Column 2
      26 14 Mac Ability Business, Scientific and Educational Consultants for the Apple Macintosh™ 1 to solve your Apple L—J Macintosh™ systems i application problems call 336-3982 ext. 298
      26 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      73 15 I I' 0 I m iL i WE WILL GET RIGHT TO THE POINT. TO CELEBRATE THE GRAND OPENING OF OUR NEW ALFRED DUNHILL SHOP AT THE PARAGON, WE BRING YOU WORLD CLASS FENCING BY THE BRITISH OLYMPIC TEAM AND SINGAPORE'S BEST FENCERS. VISIT US AT THE PARAGON ON MAY
      73 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      270 16 WHERE TO WINE, PINE AND ENTERTAIN.. WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, PINE.. Some like it hot. :V/ m I 1 1 Hi i I BBBWSr! Spicv Szechuan dishes served at lunch and dinner dailv in the cik>l. inviting atmosphere of Szechuan Court. Reservation, MO 8310 or
      270 words
    • Advertisement
      Page 16 Advertisements Column 2
      281 16 ASIHRkIJNG APPEARS TONIGHT ABOVE SOJTRHCKD CAN( With its spectacular glass (rootage the Campy Bar lis the (deal piacc to see the stars It's newest and most exclusive rendovou v The Canopy Bar, upstairs at the Hyati Me: )t on Truly local sweet and sour, spicy and tangy dishes to excite
      281 words
    • Advertisement
      Page 16 Advertisements Column 3
      243 16 ft** Sk> Garden Poolside Daily: 6.30 10.30 pm Adult: $12.50 Child: $8 •CompHmcniary Nrthday cake for a Plaza Hotel minimum of Ira Please malaresmalkHis 4 days In advance feaftiMttwfrarOTHVi jwmmi miiii ROSE GARDEN SICHUAN RESTAURANT t* Lrwel 5. Cotdrn Landmark Hotel 390 Victoria Street, Singapore The Art of Sichuan Cuisine
      243 words
    • Advertisement
      Page 16 Advertisements Column 4
      327 16 I j At noon, Italian gourmet cuisine takes f s centrestage. Salmone 'Bella Vista' and 60 other authentic favourites. All skilfully prepared and f dressed to perfection. For lunch today, break for an Italian interlude. fi Italian Buffet Lunch t May 1 31, Noon 2.30pm Adult: $36+ Child below 10:
      327 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      661 16 TELEVISION AND RADIO 1? 7-50 NeTswatch M 5 ffll 1 RA Pf?. I IVIiWI kJ A UIV 7.30 PM TV Wonter Y«art She. T"'* (W I* "V?T BBC, tS.S aHi la VNF Band II My Friend, and I (Pt I). 300 aft NkM. 7.10 Maghrib Prayer CaM. 7.10 am, 9.25
      661 words
Page thumbnail Page 17
  • LIFESTYLE
    • Article
      Van Gogh buyer plans more purchases
      248 17 feHAITERBOX JAPANESE businessman Ryoei Saito, who stunned the art world last week by buying a van Gogh and a Renoir for more than US$l6O million, has said he will buy more paintings by famous foreign artists. "I'm ready to buy more if paintings which
      248 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      219 17 AND ENTERTAIN Prelude To Austria's Gastronomic Repertoire. DIVVEft TM 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 16 NASSLM HILL, SINGAPORE 1025.
      219 words
    • Advertisement
      Page 17 Advertisements Column 2
      91 17 Welcome to first class. SWING. «i W V r i\ J H v AH J^V-;^ 'IIHHHHMMH In the 1920's Swing was discovered by wealthy European travellers who sailed first class on luxury transatlantic liners. The unique 'swinging' decanter, designed to gently embrace the precious amber liquid in the roughest seas,
      91 words
    • Advertisement
      Page 17 Advertisements Column 3
      358 17 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
      358 words
Page thumbnail Page 18
  • SPORTS
    • SIDE LINES
      • Article
        Boxall takes Italian golf title
        106 18 RICHARD BOXALL of England shot a 4-under-par 68 on Sunday to win the Italian Open golf tournament by five strokes over Spain's Jose Maria Olazabal. Boxall, who led the Monza tournament from the start with an opening round of 65, finished with a four-round total
        106 words
      • Article
        Jaguars rule the track
        103 18 MARTIN BRUNDLE and Alain Ferte raced their XJR-U to a 21-second victory on Sunday as Jaguars placed 1-2 in a 1990 World Sports Prototype Championship race in Silverstone, England. Brundle and Ferte completed the 480-km race in 2 hours, 19 minutes, 39.46 seconds to give Jaguar
        103 words
      • Article
        Rainey wins showdown
        72 18 WAYNE RAINEY won his Italian showdown with Kevin Schwantz on Sunday but former world champion Wayne Gardner pledged he would gain revenge in this week's German Grand Prix. Gardner, who broke two ribs when he crashed his Honda during practice on Saturday, battled against the pain to
        72 words
      • Article
        Chozas moves closer
        96 18 EDUARDO CHOZAS of Spain moved into second place in the Tour of Italy cycling race on Sunday, winning the third stage and moving to within 43 seconds of overall leader Gianni Bugo. Bugno, who won the pink jersey of the overall leader in Friday's opening stage, finished
        96 words
      • Article
        Barnes breaks world record
        55 18 RANDY BARNES broke the world record for the shot put on Sunday, tossing the shot 23.12 metres at the Jack In The Box Invitational track and field meet in Los Angeles. The throw broke by more than six centimetres the record of 23.06 metres held by
        55 words
      • Article
        Pistons outshoot Bulls
        63 18 JOE DUMARS scored 18 third-quarter points and Detroit's tenacious defence held Michael Jordan to eight second-half points as the defending National Basketball Association champion Pistons beat the Bulls 86-77 on Sunday in the first game of the Eastern Conference finals. The best-of-7 series continues tonight at the
        63 words
    • Article
      Lock icon No clear favourites for French Open
      306 18 AP AS THE new Italian Open men's champion will attest, no one has emerged as the dominant player heading into the French Open. "There are many favourites," said Thomas Muster of Austria after beating Andrei Chesnokov of the Soviet Union 6-1, 6-3, 6-1 on
      AP  -  306 words
    • Article, Illustration
      Lock icon Seles overpowers Graf for title
      325 18 AP MONICA SELES has a licence to slay giants in tennis, but even after beating world No 1 Steffi Graf during the weekend, she still does not have one to drive a car. The 16-year-old Yugoslav overpowered West German ace Graf in the German Open
      AP  -  325 words
    • Article
      Lock icon Whitbread competitor suffers kidney crisis
      322 18 AP A ROYAL AIR FORCE helicopter headed more than 600 miles into the North Atlantic on Sunday to attempt the rescue of a yachtsman whose body may be rejecting a transplanted kidney. Andrew Dibsdall, 27, crew on the yacht Liverpool Enterprise competing in the Whitbread
      AP  -  322 words
    • Article
      Lock icon Rutherford, Andretti out of Indy 500
      384 18 AP SEVENTY-FIVE MINUTES of tension at the end of the rain-shortened final day of qualifications for the Indianapolis 500 put John Paul Jr and Rocky Moran into the 33-car line-up and kept out a former winner and the son of another champion. The hectic
      AP  -  384 words
    • Article
      Lock icon Crenshaw clinches Colonial crown
      144 18 AFP BEN CRENSHAW finished with a three-stroke lead to win the PGA Colonial golf tournament in Texas on Sunday. Crenshaw, who shared the lead with Curtis Strange on Saturday, shot a 66 on the par-70, 7,010-yard Colonial Country Qub in Fort Worth and took a three-stroke
      AFP  -  144 words
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      213 18 Global Strategies Supplement 1990 'Global Strategies: World Class Partnerships' is the theme of Business Times' second Global Strategies Supplement. To be published on June 4, 1990, it will coincide with the Global Strategies Conference a meeting for over 1,000 senior executives from multi-national corporations and local companies to discuss key
      213 words
    • Advertisement
      Page 18 Advertisements Column 2
      481 18 ai my\e JfISF SEOUL GARDEN Iff. 1 KOREAN RESTAURANT The First Famous Korean BBQ Buffet in Singapore with a wide selection of seasoned meat, seafood vegetables inclusive of soup rice. Enjoy the experience of cooking at your own dining table. Try it once you will come back for more, more
      481 words
Page thumbnail Page 19
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares advance despite weaker prices abroad
      4494 19  -  By Lim Mui Khi PRICES on the local market continued on their upward path despite weaker closes overseas, with the key Straits Times Industrials Index closing sharply higher at 1,570.99. Turnover, however, was lower at 71.58 million units or $170.26 million, compared with 83.34
      4,494 words
Page thumbnail Page 20
  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4138 20 Main Board Nat Iron 1000 +55 +5.8% Jurong Ship50* 870 +45 +5.5% UOB Foreign 795 +45 +6.0% DBS 1340 +40 +3.1% Shangri-La 1140 +40 +3.6% SIA Foreign 2110 +30 +1.4% S1A 200 1380 +30 +2.2% OCBC Foreign 1150 +30 +2.7% Asia Pacific 1060 30 2.9%
    4,138 words
Page thumbnail Page 21
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market shakes off early profit-taking
      3729 21 MBT SELECTED financial, property and plantation stocks led the upward price trend on the Kuala Lumpur stock market yesterday with a few stocks chalking up hefty gains and scaling new peaks. In general, brokers noted that bouts of profit-taking that emerged, especially in the first
      MBT  -  3,729 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      621 21 A OIL&MONEY ASIA THE PACIFIC SINGAPORE, JUNE 11-12, 1990 The second annual conference co'sponsored by the International Herald Tribune and The Oil Daily JUNE 11 JUNE 12 09 00 OPENING KEYNOTE ADDRESS 09 00 U.S. ENERGY POLICY AND THE ASIA-PACIFIC H.E. G. Aghazadeh, Minister of Petroleum, Iran The Hon. W.
      621 words
Page thumbnail Page 22
  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      405 22 Company Data Yaar Group Nat Nat earnings Grot* ann to profit/loss (L) par shara dividend ('000) (cants) long Meng May 18 Dec 89 $609($554) 7 6(69) Wepco May 17 Dec 89 $21($943) 0 1(63) 4(8) ANA Hotels May 15 Dec 89 $458<$3.692L) l.O(-) Cathay Pac May 11 Dec
      405 words
    • Article
      PRELIMINARY RESULTS
      190 22 Company Oat* Year Group pro-tax Not earnings Gross ann to proflt/loss (L) per share dividend (*000) (eonts) H K KHIas Ma, 21 Mar 90 M$646l($313l) -<-) -<-> MAA May 21 Dec 89 M$946($2.998l) 1.7(-) S1A May 21 Mar 90 $1436,400($1090,700) 192 0(159 0) 35(15) M Mosaics May 18
      190 words
    • Article
      CORPORATE DEVELOPMENTS
      253 22 May 17 Burwi HoWngs ltd, the Hongkong company in which Intraco has a 21% stake, is to list its shares on May 22 on the SES Dairy Farm International Holdings ltd s wholly owned subsidiary. Dairy Farm Espana SA, has agreed to buy the entire issued share capital
      253 words
    • Article
      DIVIDENDS ANNOUNCED
      1281 22 Current El Books Date Total far Total far payment data do*o payable Mm year last year BAI 8* km 8 km 22 kd 2 8* 51 Bonvtsh 3% ton 25 Jul 6 Jul 18 Boustead 51(1) Apr 18 May 4 km 7 5* 15* Bousteadco 3% Apr 25
      1,281 words
    • Article
      RESULTS DUE
      451 22 Singapore Stacks Last Fal Yaar Camp»y Penod Date Year IW EPS ftw M Ur» s-ooo beta Fn* Feb 28 Nov 89 39.1 100 11.728 Mvca Ne Fnal Mar 27 Dec 89 3.4711 I com Hut Interim Mar 30 Dec 89 5351(h) M 0«4» Fnal Apr 19 Mar 90
      451 words
    • Article
      PROPOSED ISSUES
      331 22 Company Rights Issue C—away km Capital reducbon scheme to reduce par value of shares from $100 to $060: Rights issue ol U ft SO GO per share EMS One-tor-one ft MSI SO par share wth one TSK FOCB One-tor-one ft W 50 per share Faker Marti One-tor-one ft
      331 words
    • Article
      INTERIM RESULTS
      170 22 Company Data Half-year Group pre-tax Interim ann to profit/losa (L) dividend COOO) Goodwood Park May 16 Mar 90 $15.208($7,106) 30b(10) H Msia May 16 Mar 90 J1.7?5(JS92L) S(-) Spore Land May 4 Feb 90 $25.132(J10.850) CAC May 4 Mar 90 $46,270($21.667) 4(2 9a) OC Bmtang May 3 Mar
      170 words
    • Article
      BONDS, LOANS & WARRANTS
      656 22 BONDS, LOANS WARRANTS CtHpMy twn lif i®® Airt CM III Before 26/1/93 1 warrant pto $3.09 cash Cauwway Lean CauMway Nt 2/10/19 to 20/10/94 1 warrant phis $1 cart or 1 warrant pin {1 nominal amount of loan stock. Ow rt* Notes Chan )ty Nl March 87 to 31/12/91" 155
      656 words
    • Article
      APPROVED ISSUES
      372 22 Company Rights Issue Apdo One-tor-one $185 per share Eidate Apr 23 Books Close: May 7 Acceptance 4 Payment Jun 15 Inpi One-tor-one fe, MSO 70 per share Ei-date Apr 9 Books dose: Apr 24 Acceptance 4 Payment Jun 12 HI Two-torfive <& MSI90 per share b-date Apr 4
      372 words
    • Article
      COMPANY MEETINGS
      77 22 bichcjpe Bcftod 23rd AGM at Inchcape House (12th Floor), 450/452 Alexandra Road, Singapore 0511 on Tuesday. May 22, at 12 noon. General Limber (Hokfnp) Berhad: EGM at Metati 3, The Merlin Subang, Jatan SS 12/1, Subang Jaya. ***** Petahng Jaya, Seiangor Darul Ehsan on Tuesday, May 22, at
      77 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      567 22 EIGHTH WORLD LEASING CONVENTION QAV ONE Japan: by Akio Otani, Managing Director, Tokyo Leasing Co Ud, Tokyo uxvmtvtc Annocee Canada: by Randy Eccto, Chairman, Equpment Lessors Association of Canada Director, KEYNOTE ADDRESS Operations, Pitney Bowes Leasing, Mesesauga, Ontario By Mah Bow Tan, Minster of State tor Trade A Industry and
      567 words
Page thumbnail Page 23
  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices sag as investors watch from the sidelines
      2250 23 Reuter TOKYO STOCKS were down at the close yesterday but off their lows as most buyers and sellers watched from the sidelines. A slightly weaker yen and firm interest rates made trade directionless, but corporate results, due to be released later this
      Reuter  -  2,250 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Stocks close slightly firmer in very slow trade
      2597 23 HONGKONG'S stock index finished slightly firmer with trade slowing to a crawl, brokers and analysts said yesterday. "It's one of the quietest days in recent memory," Robin Hammond, analyst at James Capel, said. The Hang Seng Index ended 4.94 up at 2,930.83
      2,597 words
Page thumbnail Page 24
  • REGIONAL STOCK MARKETS
    • Nervous selling sends Taipei prices lower
      • Article
        SYDNEY
        1095 24 AUSTRALIA'S sharemarket ended sharply lower yesterday as banking stocks and leading blue chips were marked down in a very bearish market, brokers said. The All Ordinaries index ended 18.7 points off at 1,458.0 on fairly thin turnover. Players lost confidence in the banks, shaving 20 cents off ANZ to
        1,095 words
      • Article
        BANGKOK
        673 24 THAI STOCKS surged across the board yesterday in hectic trade fuelled by bullish sentiment over the relaxation of foreign exchange controls, brokers said. The official SET Index jumped 31.32 points to close at a record 957.96. The index has risen about 6.2 per cent since Wednesday's close of 894.03
        673 words
      • Article
        MANILA
        542 24 MANILA SHARE prices rose slightly yesterday on low volume in a technical rally that followed days of heavy selling because of a deadlock in last week's exploratory talks on the future of US military bases in the Philippines. The Manila Stock Exchange composite index was up 7.92 points to
        542 words
      • Article
        SEOUL
        800 24 SEOUL STOCKS rose in weak trading yesterday as investors slowly regained confidence in the government's market support measures, brokers said. The composite index closed at 770.28, up 5.12 points from the previous session. Turnover was 100.2 billion won against 113.8 billion on Saturday's half-day trading. "Many individual investors were
        800 words
      • Article
        TAIPEI
        369 24 TAIWAN'S stock index opened higher yesterday but soon nervous investors, including big players, rushed to sell their holdings after they failed to push prices higher, brokers said. The weighted index lost 424.07 points or 5.7 per cent to 6,992.89 from Friday's 7,416.96 close. Turnover was NTS7I.3 billion against NT572.6
        369 words
      • Article
        NEW ZEALAND
        463 24 LEADING New Zealand share prices closed easier in light volume yesterday after the Australian market opened lower, and brokers expect some consolidation after a strong performance last week. "There was definitely no large scale selling," said Philip Solarz of Hendry Hay Mcintosh. "I think the market suffered from
        463 words
      • Article
        Untitled
        771 24 CIom Purtwi May 21 May IS SYDNEY All Onlinarics Index 1.458.0 1,476.7 .11.7 All Industrials Index 2.275.1 2,306.9 -31.8 All Resources Index 835.0 843.9 -8 9 Turnover (million) NA 76.15 NA BANGKOK SET Index 957.96 926.63 +31.33 Turnover (nearest *000) NA 30,999 NA JAKARTA Jardinc Fleming Index NA NA Turnover
        771 words
Page thumbnail Page 25
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Analysts expect gyrations in US rates to moderate
      629 25 NYT INTEREST rates have gyrated wildly for five weeks, but credit market analysts say they are likely to fluctuate within a fairly narrow trading range through the early part of the summer. If they are right, movements in interest rates would closely
      NYT  -  629 words
    • Article
      Lock icon Italy's rate cut seen as good news for economy
      331 25 Reuter ITALY'S decision to cut its discount rate one percentage point to 12.5 per cent may yield several benefits boost sagging exports, reduce tension in the European Monetary System and move domestic interest rates more in line with other industrial countries,
      Reuter  -  331 words
    • Article
      Lock icon Bank of Japan acts against rise in call rate
      98 25 Reuter THE Bank of Japan (BOJ yesterday bought 300 billior yen in commercial papei through overnight repurchase agreements at 7.13 per cent money traders said. The Bank of Japan lata confirmed in a statement thai it had conducted the operation. The
      Reuter  -  98 words
    • Article
      FINANCIAL FUTURES
      1464 25 SIMEX BMMUH Open High Lw Sett Est Vol Op/lnt Voi Jun 90 91.54 91.54 91.52 91.54 1469 ***** 4136 Sep 90 91.43 91.43 91.41 91.42 3968 ***** ***** Dec 90 91.25 91.27 91.25 91.25 761 3924 2009 Mir 91 91.10 91.12 91.10 91.11 631 568 500 Jun 91
      1,464 words
    • Article
      US$ ends firmer on technical correction
      485 25 FOREX MARKET REPORTS THE US dollar closed firmer yesterday across the board in Asian currency markets. Dealers attributed the dollar's rise to a technical correction following its sharp decline in the past two weeks, dealers said. The dollar, according to dealers, has a bit
      485 words
    • Article
      INTERBANK FOREX RATES
      389 25 Cross rates Mayi US$ S$ MS Dm Yen SFr AS NZS USS 1.8540 2.7030 1.6500 153.30 0.5910 1.4095 1.3115 1.7437 ss 0.5394 1.4579 0.8900 0.&269 0.3188 0.7602 0.7074 0.9405 MS 0.3700 68.59 0.6104 0.5671 0.2187 0.5215 0.4852 0.6451 Dm 0.6061 1.1236 1.6382 92.91 0.3582 0.8542 0 7948
      389 words
    • Article
      MONEY MARKET
      559 25 Interbank rates SS Bid Offer Overnight 6 5/16 6 7/16 1-month 7 7/8 8 2-month 7 3/4 7 7/8 3-month 7 3/4 7 7/8 Overnight mode: 6-1/4 L'SS Bid Offer 7 days 8 1/8 8 1/4 1 month 8 3/16 8 5/16 2 months 8 5/16 8 7/16
      559 words
Page thumbnail Page 26
  • COMMODITIES
    • Article
      Lock icon Why KL palm oil refiners hedge
      414 26 Bernama MALAYSIAN palm oil refiners say they have no choice but to hedge in crude palm oil futures because of the narrowing margins they are operating at. While their processed palm oil, which formed the bulk of Malaysia's palm-oil exports, was sold overseas at
      Bernama  -  414 words
    • Article
      Lock icon Soviet Union in arrears
      269 26 Reuter THE Soviet Union has fallen behind on payments in a US$lOO million butter deal, a New Zealand Dairy Board spokesman said on Monday. "They are behind in their payments but they have assured us the payments are coming through and we accept those assurances," spokesman
      Reuter  -  269 words
    • Article
      Lock icon Fuji in waste recycle joint venture
      138 26 Reuter A PRIVATE Japanese company and a government research centre have discovered a way to turn plastic waste into gasoline and oil which could help solve the country's worsening garbage problem. Fuji Recycle Industry KK and the Government Industrial Development Laboratory in Hokkaido, Japan's
      Reuter  -  138 words
    • Article
      Tin eases to M$17.06 as buyers hold back
      844 26 REPORTS THE price of tin slipped a sen to M$ 17.06 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday on higher disposal and buyers' reserve, traders said. Opening bids of 85 tonnes against offers of 110 tonnes drove the price
      844 words
  • Article
    PRICES
    1411 26 Rubber May 21 Scents/fcg Noon Close Int I RSS Prompt I58.2VI59.25N I58 00/I5900N Int I RSS June 90 160 00/160 50 159.75/160.25 Int I RSS July 162.25/162.75 162.00/162 50N Int 2 RSS OP 152.50/154 50N 152.50/154 50N Int 3 RSS OP I47.00/I49.00N 147 00/I49.00N Int 4 RSS OP 143.00/145.00N
    1,411 words
  • Page 26 Advertisements
Page thumbnail Page 27
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1028 27 aty Flight ETA Flight ETD Abu Dhabi GA893 1045 GA892 0110 GA974 2359 sq226 2035 UF82 2200 Amsterdam KL837 1430 GA892 0110 SQ23 1810 SQ24 2200 GA974 2359 Athens QF16 1820 SQ24 2200 0A471 2205 Auckland TE25 1800 TE28 1920 SQ388 2200 CS3H QF5 2230 Bandar
      1,028 words
    • Article, Illustration
      A place to stop, not just stop over
      739 27  -  LETTER FROM HONGKONG By Steve Vines WHEN violence erupted in Beijing's Tiananmen Square last June, tourism in China ground to a halt. The shock waves didn't stop there, but quickly crossed the border to Hongkong, where visitor arrivals instantly dropped by a
      739 words
    • Article
      MONEY CHANGER RATES
      151 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.*****.***** Canadian dollar 1.5650 1.5850 NZ dollar 1.0510 1.1100 Sterling pound 3.1280 3.1430 US dollar 1.8515 1.8615 Local dollars to 100 units of foreign currency Austrian schilling 15.60 16.60 Belgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      106 27 Duration Title Venue Organiser Td May 21-24 INSUCON "90 Brighton Federation of 01-*****78 > Metropote British Hotel Ektrotechnical Allied Mfgs' Association Jun 1-4 International Exhibition of Gift Am des, Fancy Goods Items Italy LA Fiera Internationale Milano (39)2/***** Jun 4-8 International Fair of Woodworking Machines, Devices and
      106 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      39 27 Ihe Ku>incs\ [Hr\on> choia- cun luod.iv, 1 I I I hurMbv. s.ituriljv jnilViniljv. I cj\ins;( hjni;i I IK I I \irport .a hour* and jrrivins; n I JL. Inicrn.iti.in.il \irp»»rt the J.iv A BKKATII OF FKKSH All: Air Canada
      39 words
    • Advertisement
      Page 27 Advertisements Column 2
      172 27 200.000 SO. FT. OF OFFICE FLOOR AREA? preparing a quote on a major design project by including visual references. m With Polaroid's Spectra Camera, jMfeM estimating, bidding and designing Ws|jj§gre'y-! H*A become that much easier and more precise because you can bring worksites V back to the office and into
      172 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      184 27 ACROSS 1 Safety precautions for pronounced (6) 21 An antelope is robust an- __—Jlh. |H lE.— 22 A measure a LmJ jna 24 Insignia of equality among w I DOWN 1 They stress the value of a '3 Sick patient is over a hun- YESTERDAY'S SOLUTION dollar (7) dred; clinical
      184 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      215 27 Singapore Outlook: Fair except for showers over a few areas in the late afternoon. ReportMax temp 33.7* C Assoc humidity 56% Min temp 26.4* C Assoc humidity 94% Hrs of sunshine 7.7 Rainfall in mm Nil Rainfall this mth 175.0 Rainy days this mth 9 World forecast Asia-Pacific Hi/Lo* Cond.
      215 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      37 27 lftMi.MiWm-1 Ke^° NlbP l Ulgsewvl ur»JG) (cv*c£jg OP, J S~V stpmoN.. GOT p, \js SO<NG Right. i •>\r •Qw" SePvT OM THC.HSO4M J >~T-1 ican'T FiGuee. IT \?T" )J(X€S'-. 1 iBfcVS C EVENING STANDARD CO. LTD.. I—2-1W
      37 words
Page thumbnail Page 28
  • Article, Illustration
    Lock icon France assures PM Lee of Europe's openness
    349 28  -  From Margaret Thomas in PARIS FRENCH Prime Minister Michel Rocard yesterday reassured Prime Minister Lee Kuan Yew that despite the many new developments within its part of the world, Europe is not going to withdraw into itself. Speaking at a luncheon in honour
    Source: AFP picture  -  349 words
  • Article
    Our best are not migrating: PM
    431 28 SOME 5 to 7 per cent of each year's cohort of Singaporeans is likely to emigrate, estimates Prime Minister Lee Kuan Yew. In an interview published last Friday in Le Figaro, one of the two leading French dailies, Mr Lee said the problem of
    431 words
  • Article
    Lock icon Indon state official sets criteria for presidential hopefuls
    284 28 AFP WITH Indonesian President Suharto's fifth five-year term due to end in 1993, State Secretary Murdiono has set down criteria for presidential hopefuls. "It does not matter whether he (the candidate) comes iro.n the military or is a civilian. It is all
    AFP  -  284 words
  • Article
    UK writer of scathing article says 'no' to interviewing Lee on BBC
    486 28  -  By Anna Teo BRITISH columnist Bernard Levin, who last month delivered a scathing attack on Mr Lee Kuan Yew and his Singapore premiership in The Times of London, has turned down a television interview offer by Mr Lee.
    486 words
  • Article
    Lock icon Beijing ends 20-month austerity drive
    202 28 Reuter CHINA has ended a 20month austerity programme and is willing to risk inflation as it rebuilds its battered industries, a top Chinese economist said in Beijing yesterday. Lu Yonghua, a division chief at the State Commission for Restructuring the Economy, added that some key
    Reuter  -  202 words
  • Article, Illustration
    Seeking middle ground for Eastern Europe
    611 28  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is a Nobel Prize-winning economist at the Massachusetts Institute of Technology WHICH DIRECTIONS in ideology should be pursued by an electorate in its search for long-run prosperity and stability? Should Palme's Sweden or Thatcher's Britain
    611 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      181 28 CHARTPOINT Every Saturday in Business Times Mi M| n Studio Une *TU»® LMt Pit ITO Office/Showroom: 321 Orchard Road *08 04 Orchard Shopping Centre Singapore 0923 Tel 235 4824/5 Telex RS ***** S-UNE Fax: 733 4608 Sole Agent: Singapore Malaysia Indonesia 7th Asia/Pacific Duty-Free Conference and Exhibition the essential meeting
      181 words
    • Advertisement
      Page 28 Advertisements Column 2
      361 28 CHARTPOINT Every Saturday in Business Times EDP Seminars Peat Marwick Management Consultants pte. Ltd. is organising a series of EDP Seminars for the increasingly important and rapidly changing information technology environment. This area was specifically addressed in the Companies (Amendment) Act 1989 which requires all public companies to maintain an
      361 words
Page thumbnail Page 29
  • SHIPPING TIMES
    • Article
      M'sian shippers told to use non-conference lines
      335 29  -  By Othman Abu Bakar MALAYSIAN Transport Minister Datuk Seri Dr Ling Liong Sik has urged shippers and exporters to use non-con-ference lines as this can reduce their transportation costs. Studies have shown that cargoes such as natural rubber, which are normally carried by
      335 words
    • Article, Illustration
      Fuji Trading enjoying higher profit margins as a distributor
      399 29  -  By Rahita Elias SHIP SUPPLIER Fuji Trading (Singapore)'s move into product representation is paying off, with the firm enjoying "very much" higher profit margins over the 10 per cent industry average. Mr Henry Ng, a Fuji director, added that as a
      399 words
    • Article
      DCL opens new warehouse in Manila
      183 29 AMERICAN-BASED Direct Container Line has opened a new warehouse facility in Manila, which should lead to a "dramatic reduction in pilferage and delays". DCL's president, Michael Sinclair explained, "The major advantage for consignees is much better control over pilferage and delays while reducing the
      183 words
    • Article
      Lock icon Indian Airlines to sell four A320 Airbuses, lease out 14
      332 29 Reuter STATE-RUN Indian Airlines will sell four A 320 Airbuses scheduled for delivery and lease out another 14 grounded since one of its Airbuses crashed in February. The four A32os were ready for delivery at Toulouse, headquarters of the four-nation
      Reuter  -  332 words
    • Article
      Soviet air industry in major revamp
      125 29 THE Soviet Union's air transport industry is undergoing a massive reorganisation, part of which entails separating some of Aeroflot's regions into independent units because of well-known capacity problems. A report in Air Transport World said local civil-avia-tion departments that were made autonomous last year
      125 words
    • Article
      Corrections & clarifications
      83 29 Corrections clarifications IN THE May 4 report, "Alitalia revamps Italy-Australia service", the administrative manager of Alitalia's Singapore office, Mr Carlo Baisero, was quoted as saying that the Singapore stop had not been generating enough traffic to help fill the flights. Mr Baisero has since clarified that what he meant was,
      83 words
    • Article
      US move against China worries HK owners
      215 29 HONGKONG shipowners are worried that the US decision to rescind China's most-favoured-nation trade status would further weaken cargo traffic to the British colony. The South China Morning Post quoted Mr Terence Sit, chairman of the 40-member Hongkong Liners Shipping Association, as saying that
      215 words
    • Article
      AUA joins the European Alliance
      295 29  -  By Sangeeta Mulchand THE EUROPEAN Alliance Finnair, Scandanavian Airlines System (SAS) and Swissair have signed on one more partner in the latest round of the worldwide scramble for global aviation networks. Austrian Airlines (AUA) joined the trinity earlier this month in their aim to offer
      295 words
    • Article
      Lock icon Laos links up to the world via satellite
      126 29 AFP LAOS entered the world of modern telecommunications yesterday when its first overseas link was officially opened, Australia's OTC Ltd said in Sydney. OTC is a governmentowned worldwide communications company. The company said a new satellite earth station it built was opened
      AFP  -  126 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Cathay Pacific to operate Sapporo flights
        87 30 CATHAY Pacific and Japan Airlines will jointly-operate a thrice weekly service between Hongkong and Sapporo, Japan from Oct 28 this year. The flights are to be operated by the Cathay Pacific Lockheed LIOU Tristar aircraft. The seating configuration of the aircraft is 14 first
        87 words
      • Article
        Zim takes delivery of ship
        100 30 ZIM Line has taken delivery of the first of seven West German 3,000 TEU container ships destined for its JapanUS west coast service. These will boost Zim capacity on the Mediterranean-Israel stretch and improve freight service flom the Red Sea port of Eilat to the
        100 words
      • Article
        Firms in joint parcel service
        73 30 CANADIAN-BASED Fedcom Montreal and West Germany's Urag Unterweser Reederei have tied up for an Austra-lia-Europe Parcel Service carrying bulk and breakbulk cargo. For a start, it will carry mineral sands, non-ferrous concentrates and grain and steel products. The first sailing will be made on the
        73 words
      • Article
        Anglo moves to new subsidiary
        43 30 HONGKONG-BASED Anglo Eastern Shipmanagement has moved its consultancy network to a new subsidiary called Anglo Eastern Technical Services. The new company will have services including technical auditing, ship conversions, pre-purchase inspections, contract and specification negotiations and routine superintendency.
        43 words
      • Article
        German Wings may fly again
        79 30 GERMAN Wings GmbH, the West German private airline which filed for bankruptcy this month, may take to the air in August with new owners. Advisers Tracon and MBS said ft new company had been set up to give the airline 80 million marks of new
        79 words
      • Article
        Fujitsu to open research centre
        86 30 FUJITSU Ltd will set up a wholly-owned communication systems research and development (R&D) unit in Britain later this month to strengthen its development presence in Europe, a company spokesman said. Fujitsu Europe Telecom R&D Centre Ltd will be capitalised at £200,000 and will research, develop
        86 words
    • Article, Illustration
      Lock icon Chinese company hopes to become another Boeing
      983 30 From making guns to washing machines and clothing, the Xian Aircraft Co has come a long way. The company dreams of being the first Chinese firm to build a passenger plane the size of a Boeing 737. But it also recognises its shortcomings
      NYT  -  983 words
    • Article
      TRANSPORT DIARY
      748 30 Feb 7-Jun 6: Sea Transport covers transport geography, liner and tramp shipping, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no: *****45 (for members only). May 16-Jun 1: PSA/SFFA Dangerous Goods Course, conducted by the Singapore Freight Forwarders
      748 words
    • Article
      THE SHIPPING GUIDE
      12683 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,683 words
    • Article
      SHIPPING AGENTS
      3367 43 A.™.™ Shpg Agencies Pte Ud (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd(PN) Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahrenkiel liner Service: Kim Shpg A Trdg(S). Albatros Sea-Air
      3,367 words
    • Article
      COURIER SERVICES
      223 43 Abacus Couriers Td: 545-8011, 448-6415. Air Express Service Td: 533-5771. Fax: *****44 il.lin,-, r_.i-L- /■>.. I, t I, MrDOrVf r rftgni l OfpwiOOfl Td: 542-8844 Fax: *****16, *****80 City-Link International Td: 344-3377. Fax: *****50. Cluster link Supplies A Services Td: 296-5720. DHL Interuntional Td: 344-8911. Fax: 3454%1. DPE
      223 words
    • Article
      AIR FORWARDERS
      1468 43 Abex Express Freight Td 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Artrrmir Singapore Td: 542-7822. Fax: *****20. Aerolink K G Freight International Td: 545-5992. Td:'s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market Express
      1,468 words
    • Article
      PORT CONDITIONS
      2255 44 ARGENTINA Buenos Aires: Tug boat crews commenced work-to-rule action on May 11, i.e. no overtime. Situation was expected to return to normal May 16 Port congested; new arrivals may have to wait 3-4 days; I vessel loading grain. San Lorenzo: Port busy; 5 vessels loading by-products, 1 discharging
      2,255 words
    • Article
      AIR FREIGHT SCHEDULE
      512 44 ARRIVALS o» night Type ETA From TODAY KAL KE697 B747F 0155 SEL NCA KZ205 B747F 0215 NRT JAL JL6I7 B747F 0345 TYO CLX CV 796 B747F 2359 LUX/DXB/HKG TOMORROW AZA AZ995 B70F 0235 SYD CAL CI333 B747F 0315 TPE SIA SQ80I B747F 0410 AKL THURSDAY KAL KE697
      512 words
    • Article
      SHIP SALES & TANKER RATES
      469 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk carriers Natalia: 26,601 dwt and built 1976, on offer at about USS6 million. Maritime Eternity; 69,668 dwt and built 1989, on offer at around US$27 million. Tankers Samnangar: 357,430 dwt and built 1976, for sale at US$7O million including 12 months charter
      469 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        486 45 h** Ihyhn Ho Bfth fcmd Oqwtot ItopH Wharves Ambarawa 05/90 P3W 22 05/0700 23 05/0700 Champwwe L 8 K29 alongside 22.05/2300 G<na 14f P2A 22 05/1200 2305/0600 Eastern Gt 14C/90 K18 alongside 2105/2359 Hana 5/90 PIC 2205/1830 23.05/1830 Golden Bear 1/90 K17 atongsrfe 22 05/0500 Imamui 08/90
        486 words
      • Article
        CONTAINER SCHEDULE
        1429 45 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Transferer Schedules 9q> Voy No Act Date fine From To Booki* Gate Bt Op GAi M Goncharov 12SI90 23.05 90 1300 22/1130 22/1229 Portnet 2 U5 00 F01 23/0400 23/0459 NA 2 Andro Star 13N 23.0590 0700 22/0900 22/0959 Portnet
        1,429 words
      • Article
        IN MALAYSIAN PORTS
        303 45 Pft Ktowg South Port Pina Vento berth 1; berth 2; Aiam Aman berth 3; Builder W berth 4; Mutia Hayu berth 7; Sri Nam Hua 4 berth 7A; Petro Naga berth J Shell; Stolt Birchwood J She*. KCT: Thana Bhum berth 8; Saudt Hofuf berth 9. North
        303 words
    • Article
      DAILY FREIGHTS
      1012 45 FRESH Soviet time-chartering on the transAtlantic grain route provided underlying support for freight rates, brokers said. The 64,005-dwt Stacouver was fixed for a trans-Atlantic round voyage by Sovfracht at U559,500 daily, in line with rates agreed for similar Panamax-sized vessels chartered on this route in recent weeks. While
      1,012 words
    • Article, Illustration
      BMW Rolls-Royce to have shares in Trent, Tay
      402 46 BMW Rolls-Royce, the new company to be established in Germany, will share in RollsRoyce Trent and Tay aero engine programmes for which orders and options could reach £2.75 billion. The new joint venture will have risk-and-revenue sharing agreements on the Trent and
      402 words
    • Article
      Lock icon France is favoured over Japan in Seoul rail project
      249 46 AP FRANCE is favoured over Japan in supplying technology and facilities for South Korea's US$5 billion electric railway project. France, Japan and West Germany have been competing to take part in the South Korean project to construct a 379 km long
      AP  -  249 words
    • Article
      Lufthansa develops safe paint removal for planes
      215 46 LUFTHANSA German Airlines has pioneered an innovative, environmentally safe paint-removal process for aircraft. Its "aquastrip" process strips paint from aircraft by means of a rotating high-pressure water jet of up to 500 bar. As a result, chemical stripping agents will no longer be
      215 words
    • Article, Illustration
      HIT's ninth berth starts operation ahead of schedule
      57 46 OPERATIONS at Hongkong International Terminals' ninth container berth has commenced two and a half years ahead of schedule. With the new berth, located opposite Stonecutters Island (above), HIT has completed construction of six berths in 42 months. The final berth at Terminal
      57 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      174 29 I—SWH HENG METAL CO PIE LTD IV| <3. TVJAS AVE 14. SINGAPORE 2X3 TELEX «S 20*TSSHMCPl TEL: 861 5855 (SNOM) TELEFAX mi 2Mt Ortmrxi tnt) Sl"« ii"rr liH w h ou-if^-s-** Cow wr*| P*** Trv<*« snmsH design hn ovation gehman ouauty engineewng Air Forwarders 15 A* Frajht Schedule 16 Cortara
      174 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      194 30 Banking, Finance Insurance Supplement 1990 Banking, Finance and Insurance Supplement, Business Times's biggest and most established annual supplement, Is here again. The theme of this year's bumper issue, scheduled to be published on May 24, 1990, is Financial Sector Leading Singapore into the 90s. The financial services industry was Singapore's
      194 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      2179 31 JARDINE SHIPPING MEMOES 200 Cantonment Road #12-05 Southpotnt, SinfipOft 0208 WMWfW Trt *****11 TELEX NO RS 24m WfTTTtW TERMINAL/CFS T«i *****11 220 I Dow9 1 BOOKIN6S Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHO KWkfl POUT KELANG TEL: *****18 NO MA*****/MA***** *CiT |77 VPPPTIWa PENANG TEL *****4 TELEX NO
      2,179 words
    • Advertisement
      Page 31 Advertisements Column 2
      871 31 IHDEX TyWERggRS Page Col P* Col I A ~1 I M ~1 «.3 5 222**™ !J 13 .5 5 oMaersk Line 3 4/5 Afctfrw Sea-Air 4 5 .MISC 14 1-3 APCUne 14 4 M'sia Shpt Coip 9 1/2 PL I o MOL 18 1/2 Arrow Lines 9 5 MOSK (Forest)
      871 words
    • Advertisement
      Page 31 Advertisements Column 3
      2137 31 VMM Voy ETA I ETD 'Port 'Pwtang DESTINATIONS Singapore Keiang I>M MM Low* M Ctoamg TMM FwMr By 9HS CV tin 0400 MRS M Fareo 4 HHi HHI CfS 21/5 laoo MRS M Tauro OAK LQB MOU MEM ATt MIA CMS BAL PHL NYC MOW TORLOUIS M 9006 In Pi
      2,137 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1089 32 ROTTERDAM/ VOV NO S PORE P. KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP IE HAVRE KURAMA OS/MO 24/5 19/8 12/# IV6 1V« 18/« BENAVON 94/563 27/5 13/6 15/6 17/6 18/6 20/6 TOKIO EXPRESS 90/562 31/5 26/6 19/6 22/6 18/6 25/6 STAR LORRAINE 01/566 6/6 1/7 5/7 3/7 HAMBURG EXPRESS 96/565 7/6 3/7
      1,089 words
    • Advertisement
      Page 32 Advertisements Column 2
      596 32 SOUTH PACIFIC SERVICE SIN POK SUV PPT ISLA FLOREANA 2/6 10/6 17/6 23/6 DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 2/6 5/7 6/7 9/7 Also accepting Cargo to Callao (Peru) via Valpa Acwnts: fcrfWel/AWf] SINGAPORE: *****56 BOOKINGS: *****08 JMMttllr-OMU V NORTHBOUND TO UKC I S PORE ROM/A DAM
      596 words
    • Advertisement
      Page 32 Advertisements Column 3
      1472 32 Ql. VMUMMEA SJMNt REGULAR INDEPENDENT FULL COMTAMER SERVICE I WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LNA a I A (VIA (VIA G) HAM) ROT) NORASIA SUN 9012-3 25/05 29/05 17/06 19/06 21/06 23/06 24/06 25/06 26/06 27/06 NORASIA PEARL 9013-3 01/06 05-06 23/06
      1,472 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1629 33 iL* p&o wp^Containers IB»»—■«»— Vof Ho S port P.Klang S'ton Hburg B'haven R'dani Leh ACCEPTS DUE SAILS KURAMA OVSM 24/05 17« li« 14« ll 11/04 CARGO mnavom una an triofud im im» itn Pori n tokk) amiss nsu am w« iw» n/« u/» j4/8i rajah Brooke vwe Moan. Lib, n*
      1,629 words
    • Advertisement
      Page 33 Advertisements Column 2
      1516 33 TO: EUROPE TO:FAR EAST SP IN ROM HAM B'HVN FLX SPORE HK KAO KOfi BU CHOVANG PARK OH 77/5 14/1 IS/S 1W U/« W CHOVANG SUCCESS OWE Wfi 31/S 1/1 VI 7/1 HANJIN OAKLAND OOM 2K W V W W »|i MANJIN TONGHAE 073E 4/1 7/S 11/1 14/ C CHOVANG
      1,516 words
    • Advertisement
      Page 33 Advertisements Column 3
      296 33 HOCHIMINH VIETNAM RO-RO SERVICE ETA SPORE 25/5/89 ETA HOCHIMINH 28/5/90 M.V. "SEA LARK" Voy 32 RAMPWAY CAPACITY 15 TONS IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MOHTHLY SAILINGS KK SPORE PK PL MM CT FIONA MARY VW 2t/S VI 7* ll* 2S* 4/7 •aim calls LL. ft P E GENERAL AGENTS: HAI
      296 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      617 34 DJASAGETRI A Joint Europe Service Of: P.T. WAMATA LLOtf e PX BRUHI LLOYD t.T. SAMUBERA IN&OIHSM eM\ THIKOM LLOYD CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY S'PORE R'OAM/ H BORC BREWN ANTWERP ADAM BAAB UIUUW2WB >4-27/5 29/S J/7 27* «/7 U. BONTANG/21WB ltf7 0/7 Ifl 2JI FAST TRANSIT TIME ACCEPTING
      617 words
    • Advertisement
      Page 34 Advertisements Column 2
      765 34 \Gh HANJIN SHIPPING I W*y FULL CONTAINER SERVICE |j,l i|i t i |)ii| in CHOyANG PARK oosw REFI iff"* S?" ST" SP" aSSAum «E *fi SJOWTNIE SSMOZiioI W M W mzJSna&mJm S SSSSg'Si T7 V> CHOYANG SUCCESS 00M) 16/6 4/7 $7 6/7 1/7 *7 HANJIN ROTTERDAM 00U 11* ™Am. »l
      765 words
    • Advertisement
      Page 34 Advertisements Column 3
      1467 34 i -J T pj I PKL SCP HKG KM KLG PUS MKT OSK TYO ML UIW AMI MB FU HBG SCP EVER GOLDEN txfi 23/S 30/S WS W 6/6 1/6 11/6 7g 17/7 «f7 ng *gag MJ Even GLOBE 21/5 29/S tfi I|BU/6 I|/615j611/6U/7 23/7 'S 2! I EVER GUARD
      1,467 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1971 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 am AUST/INDIA/PAK SERVICE *****18 *****16 EAR EAST SERVICE *****48 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 NEPLINE SDN BHD MALAYSIA EXPORT: *****53/*****04 r K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 BTosußOP^^JKfvS^UEZ)^^^^^^^^^rßO^BUßOPEHjlHvi^UEZ) J7TJ MOTHER VHtyVO* LEH PLX
      1,971 words
    • Advertisement
      Page 35 Advertisements Column 2
      1240 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 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND 1 VPStU WfAg |SW! |MAI»ILA MHOWt WTAg IWW WaAWC HtUtC fHAVPI THJUOT WTT 1 AKTWUP K GAvtuov 1*» <*«
      1,240 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1105 36 N. AMERICA-ATLANTIC COAST llOHailfl VOY *INDO "PK/PNG SGP LB CHLS NFK NYC HFX NEPTUNE JADE 24 25/5 26/5 24/5 16* 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 10/7 12/7 14/7 11/7 OOCL FREEDOM 31 11/6
      1,105 words
    • Advertisement
      Page 36 Advertisements Column 2
      628 36 |ETD SIN (1 DAY) HtOAY) Ml DAY) 24/05/90 PORT KELANG PENANG BANGKOK JACQUELINE TWICE/WKLY CVYWIMA fYMATT f—^— ——^—i ——i I ETD SIN (3 DAYS) ♦(2 DAYS) ♦(1 DAY) L*irt^lV 24/05/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY lETD SIN (6 DAYS) ♦<1 DAY) ♦(4 DAYS) I WOWOOOOTACT I 25/05/90 MANILA SERENE/S,TI
      628 words
    • Advertisement
      Page 36 Advertisements Column 3
      313 36 Continental Pacific snipping j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKli S PORE PK LOADINC FOR BYRON V Std Std SM SETE/RDM/ANT/FLU/UK ARBCLA In PI 22/5 24/5 SETE/RDM/ANT/FLU/UK MARYLI 24/5 11/5 NTS/ROM/ANT/FLU/UK CRYSTAL B l/t SETE/RDM/ANT/FLU/UK load* Sabah/lndormu MULTIPORT AGENCIES (S) ®PTE. LTD. TEL: *****77 FAX: 225M31 P.K. MULTIPORT SON BHO.
      313 words
    • Advertisement
      Page 36 Advertisements Column 4
      598 36 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD ■TVL. N 4 23. Telok Aver Street SINGAPORE 0104 1 TEL ***** M (10 LINES) Fax *****04 (CR No **********0W) STRAITS/PERSIAN GULF SERVICE: Spore P Keiang Penang OOLOCN HARVEST Colombo,KaraduDuba. tt Jihw QOLOEN WON OCR Cotanbo/Mracti.Duba. 24/21 June CHINA SERVICE ru QINC Banfkok
      598 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      1309 37 PACIFIC INTERNATIONAL LINES (PTE) LTD /J Jf JHV PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA J [BANGKOK l VESSEL VOV SIN JKT SIN VESSEL VOY SIN BKK SIN GOWA 61SB 23/5 25/5 HAI H UI 7tN 23/5 26/5 30/5 EDEN 9014 23/5 2S/5 30/5 KOTA 3INGA 12N 25/5
      1,309 words
    • Advertisement
      Page 37 Advertisements Column 2
      1267 37 r BEN LINE CONTAINERS ~LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint 1 Fax: *****63 I Singapore 0208. Telex: RS ***** I EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQY SPORE PKLANG SHAMPTON HAMBURG B HAVEN R DAM L HAVRE Kurama' 05/560 24/5 17/6 12/6 14/6 11/6 18/6 Barawon+ 94/563
      1,267 words
    • Advertisement
      Page 37 Advertisements Column 3
      290 37 MYANMA PH FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkok PINYA Vllo* »MAY MYOMA YW A VI2BW 2/5 JUN 21 MAY/1 JUN 27/21 MAY HPA-AN VISOW 2/t JUN PATHEIN VIO2W 22/2» MAY 27/31 MAY PAGAN VIS7W 1/12 JUN MERGUI V99W 11/14 JUN •OISCH ONLY
      290 words
Page thumbnail Page 38
Page thumbnail Page 39
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      766 40 f^HDSR^NESST I INTEGRATED CONTAINER SERVICE I MEMBER OF EACON SERVICE I TP UNITED KINGDOM NORTH CONTINENT EUROPE I OUTBOUND SIN FLX BRE RDM ANT HBC RSI T "ENOA SW 25/5 180 11/6 20/6 I AMERICAN SEN WFOI6 29/5 21/6 220 230 25/6 2M Z~~ I 0 GROTEWOHL 4/90 6,6 30/6
      766 words
    • Advertisement
      Page 40 Advertisements Column 2
      1208 40 UKC CONVENTION Al MKVICE P KLC PNG P C Ludmf lor A VESSEL 200 Rotterdam/Antwerp china ruix coNTAJNm »nvia Ves«l PKL PNG SPORE BKK HKG SHA QIN LYC SHANC CHENG 171 21/5 23/5 27/5 40 10 YANG FANC KOU 129 Jl/S 29/5 40 12/6 16/6 200 Acceptinf FCL C»r|o for
      1,208 words
    • Advertisement
      Page 40 Advertisements Column 3
      338 40 ||t> OOfUQMAMAL-IVIIE 1 SPORE PKL PNC HKG INC BSN SINGAPORE GLORY VOOS 27 May May H May 4 Jul) t jun RACNA von 28 May 27 May 2 Jun i Jim I Jun BUSAN GLORY VOO6 Kly 31 Kly Jun 11 Jun MALAYSIA GLORY VOOi i Jun 4 Jun i
      338 words
    • Advertisement
      Page 40 Advertisements Column 4
      562 40 r—^ XicA POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA EXCLUSIVE ROUTES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS AFGHANISTAN^: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka IRAN Djulfa, Astara ETD SINGAPORE :26/5, 31/5, 4/6 9/6, 10/6, 17/6, 19/6 lE. EUROPE I :To all inland points: j Poland, Bulgaria, Czech,
      562 words
    • Advertisement
      Page 40 Advertisements Column 5
      498 40 ASEAN PORTS 1 Ngo* hoc* Agency Co ltd BKK (Tel *****80) Ivtsm |vor mwawm umh* JIWA MUM OH Hon In Pt Thur ■AHA MUM lON W«d 23/5 S»t 2»5 MEKHANIK KUWAKO 10W Thur HIS Sun Vfi SIRI BHUM MW Fri 2S/5 Hon W PIYA BHUM 22tW Sun 27/S MAMA BHUM
      498 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      1091 41 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 27/5 2/6 A VSL 5/6 10/6 A VSL 12/6 17/6 (Conventional Service) ETA S PORE LOADING FOR BANGLAR MITA In Pt JAPAN BANGLAR SWAPNA 25/5 CTG.. MONGLA FAR EAST/MEDITERRANEAN SERVICE ETA S PORE LOADING FOR BEL ABBES 28/5 Algier/Oran/Annaba/Skikda ALL
      1,091 words
    • Advertisement
      Page 41 Advertisements Column 2
      182 41 RSJHiICHFiELD MARINE AGENcIE^sTptFTtT" 3» TEL: *****33 (12 Lines) m FAX: *****15/*****03 fTI) TELEX: RS ***** RISHIP (3 Lines) I'O ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPOKE ANDINET 19WB 2VOS DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH ABYOT 21W0 21/06
      182 words
    • Advertisement
      Page 41 Advertisements Column 3
      627 41 I taj-P.T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. 6KK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      627 words
    • Advertisement
      Page 41 Advertisements Column 4
      657 41 Min BAY OF BENGAL SERVICES MADRAS CALCUTTA ttSSELS/WY Ml MAA SIN LEUVC 9124 24/5 29/5 07/6 LEUVE 9125 07/6 12/6 23/6 LEUVC 9126 23/6 21/6 01/7 LEUVC 9127 09/7 14/7 25/7 VCSSCLS/VOY SIN CCU SIN JORGEN VCSTA 02NS0 SLO 26/5 03/6 JORGEN VCSTA 03N90 03/6 10/6 17/6 JORGCN VCSTA 04N40
      657 words
    • Advertisement
      Page 41 Advertisements Column 5
      358 41 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: m.v.-tnt express" V 249 ETA 10/6/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl Hfi fU Ham Ant Fot/Mar liv Spew TNT EXPRESS 30/4 11/5 13/5 8,'5 20/5 22/5
      358 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1326 42 MAC-NELS SINGAPORE 1 HPOBT TIL *****227! m^nooijl TEL: (04) *****6 I K K TEL: (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL: (03) *****771 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 Uf\-/\" J B AHRU liy(07) *****2 I SIBU TEL (084) *****2 LABUAN TEL: (087) *****9 > 'IiAKARTA
      1,326 words
    • Advertisement
      Page 42 Advertisements Column 2
      422 42 blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIV AUCK LYT MAHSURI 0574 I Jun 19 Jun Via NPL 21 iun
      422 words
    • Advertisement
      Page 42 Advertisements Column 3
      600 42 /581 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 SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH V"SEI YOT ETD OEST VtSSEi fw TETI [TUT KIM SOON LI 21/90E 26 MAY PENANG JENHOL 5/90E 22 MAY
      600 words
    • Advertisement
      Page 42 Advertisements Column 4
      298 42 4rrrom IRANIAN SERVICE Singapore Loadtnf fgr:IRAN EKRAM 20 HAY SO Bandar Abbas d (Natfcaal Um Of Mtxlca) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HM U WSMAOA I CARDENAS S.CRUZ HAWAAIILO ■WIT»«Y Urt M U* 25 toiuca vii an on w w* V Alto accepting to other Mencan destinations of Meiicali.
      298 words
Page thumbnail Page 43
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      25 44 Banking, Finance and Insurance Supplement BT's biggest and more established annual supplement will be distributed free with your copy of Business Times on May 24.
      25 words
Page thumbnail Page 45
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      423 45 TIDES AND WEATHER TODAY'S TIDES (lM#t in metres) MOW 0000 0100 0200 UK MM 0500 0(00 07M MOO 09M 1000 UtO **********00 ISM ISM 17M1M0 ISM 2MO 21M 22M 23M 1.7 12 0.9 0.7 0.7 09 12 1.7 22 2.5 2.5 2.3 1.9 1.4 1.1 0.8 OJ 1.0 1.4 10
      423 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      289 46 CHARTPOINT Every Saturday in Business Times 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 PALEMBANG P. BAHRU JAMBI TBN 2-5/5 6-8/5 9-10/5
      289 words
    • Advertisement
      Page 46 Advertisements Column 2
      368 46 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK SEA FROM PSW LIH OAK SEA HKG SIN HYUNDAI PIONEER 32E 25/05 31.05 IIAJ6 21/06 24/06 HYUNDAI EXPLORER 3M 23/W 2t/04 29/04 17/05 24/05 LALANOIA 32E 01/06 07/06 25A* 21/06 ***** HYUNDAI COMMANDER
      368 words
    • Advertisement
      Page 46 Advertisements Column 3
      520 46 CHARTPOINT Every Saturday in Business Times |FM«ar trm. rNClna lartMrtoMl SmllAX I OAR IHOU low. law HO* IM IHTCI OUR USA ■UW6* nwwmc" Tm~ W allwator wioc Taw ~W SERVICE CALLS tunc* kmuwik" Vm~ ~an auicator clot vjbm wmm m m px m SINGAPORE m»6Aiwi«r <1 2J» allicator stmpwomy vxai
      520 words