The Business Times, 28 May 1990

Microfilm: NL17018
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 75* Monday May 28 1990
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  • NEWS SUMMARY
    • Article
      PAS declares aim to make Malaysia an Islamic state
      57 1 PAS ended its 36th general assembly yesterday by adopting a 13-point declaration to realise its aim of making Malaysia an Islamic state during the current decade. The declaration, which sets the Malaysian party's preparations towards that aim, will form guidelines for
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    • Article
      Database for firms
      21 1 LOCAL COMPANIES will be able to tap directly into a business information database by next year Page 2
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    • Article
      Move into pottery
      28 1 IN A MOVE to diversify its business interests, local trading company Transworld Corporation has bought a pottery fac-tory-cum-showroom in Jurong for $3.88 million Page 2
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    • Article
      'Watch centre' plan
      34 1 A GROUP of Hongkong and Taiwanese watch manufacturers has taken a HKS2OO million step towards realising its vision of turning Malaysia into the next 'watch centre' in the region Page 7
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    • Article
      Capital competitor
      32 1 THE US is facing a new competitor as it tries to raise cash in global capital markets an Eastern Europe hungry for billions of dollars of investment money. Page 8
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    • Article
      EC-Tokyo talks resume
      34 1 THE EUROPEAN Commission and Japan will open the first ministerial talks in over three years tomorrow, with Tokyo hoping that the agenda will include more than just trade problems Page 9
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    • Article
      Maturity onstage
      16 1 ARTISTIC MATURITY was what pianist Gyorgy Sandor displayed at last Friday's concert Page 17
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    • Article
      Tie-up in US trade
      34 1 JAPANESE GIANT Nippon Yusen Kaisha has joined forces with South Korean carrier Hyundai Merchant Marine in the US trade following NYK's break with Mitsui OSK Lines. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      UIC confirms moves
      47 1 UNITED Industrial Corporation has not only confirmed its one-for-two bonus and one-for-two rights issue at 1 each but has also disclosed that it has to spend about another $145 million for shares and warrants that had earlier been rejected by the registrars Page 3
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    • Article
      RGM biding its time
      34 1 The RGM group, through takeover vehicle Asian Investments Holdings, has yet to flex its muscle since it bought its 38.41 per cent stake in EMS several months ago Page 3
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    • Article
      Stake nears limit
      31 1 FOREIGN shareholding in Neptune Orient Lines is expected to reach its limit soon, and may require the setting up of a separate register for such shares Page 3
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    • Article
      Share deal revealed
      39 1 A SINGAPORE LAWYER told a Kuala Lumpur court last Friday how he managed to purchase over IS million shares in Renong Bhd after revealing his business plans to two major shareholders of the company Page 3
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    • Article
      Plans for ADR issue
      22 1 TWO PUBLICLY-LISTED Singapore companies are planning to issue American Depository Receipts in the next few months Page 6
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    • Article
      Taipei to ease policy
      28 1 TAIWAN is expected to take new measures to ease its tight monetary policy further to spur the island's economic growth this year Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Frkta v Chance BT-MGA 800.37 -2.17 Kuala Lumpur ....586.51 -0.22 Hongkong 3,059.50 +11.49 Tokyo 32,793.88 +482.13 Sydney 1,479.7 9.4 New York 2.820.92 -34.63 London 2,265.6 -11.5
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    • Article
      CURRENCIES
      23 1 Fwrtiawgt rates US$ S$1 8465 Yen (100) S$ 1.2326 MS SS0.6845 Moiwy iMrlist ritci Overnight 4 1/2 +4 3-montn 7 5/8 unch
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    • Article
      COMMODITIES
      21 1 Rubber ypore June 159.25 '/kg +0.50 M'sia June 23l .50«/kg +0.50 KL Tin Turnover 49 tonnes -5 Spot M$l6.97/kg -0.03
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  • Article
    A more accurate gauge of hotel rates in the offing
    527 1  -  By John Tan A NEW WAY of looking at hotel room rates will be introduced soon, which observers say would be an important indicator for the hotel industry. To be compiled by the Singapore Tourist Promotion Board (STPB), the new
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  • Article
    Sime Darby calls off M$2b bid for N Z Forests
    403 1  -  By Conrad Raj SIME DARBY Bhd has called off its Ms 2 billion bid for N Z Forests Products, the New Zealand forest products arm of Australia's brewing and resource-based group, Elders IXL. The Malaysian conglomerate is said to have
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  • Article
    Lock icon Johor economy headed for rapid growth
    151 1 Bernama THE JOHOR ECONOMY is expected to experience rapid growth with the implementation of the long-term Johor economy plan for 1990 and 2005, Chief Minister Tan Sri Haji Muhyiddin Yassin said yesterday. The plan was expected to be ready by the end of the
    Bernama  -  151 words
  • Article
    Lock icon Johor urged to grab opportunity
    107 1 Bernama JOHOR should grab the opportunity to forge closer economic ties with Singapore and Indonesia's Batam island for the sake of its economic growth, State Economic Development Corporation (SEDC) executive director Datuk Mohamed Ali Hashim said yesterday. He said the SEDC was willing to assist
    Bernama  -  107 words
  • Article
    Water tariff increases to be deferred
    196 1 WAfER TARIFF increases will be deferred till early next year, barring any unforeseen depletion of water stocks, the Public Utilities Board announced yesterday. The decision was made because of "the positive response by the public in reducing water consumption", it said in a press
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  • Article, Illustration
    Myanmar's strongman goes to the polls
    50 1 General Saw Mating, Myanmar's military strongman, is seen casting his ballot in Rangoon in yesterday's election the first multi-party polls there in 30 years. Missing, however, were the ruling junta's two main opponents who are under house arrest. Full report on the Back Page.
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  • Article
    Four hotels raise room rates by 10-36pc
    552 1  -  B1 Wilton Morais IN THE MIDST of a chorus from hoteliers against speculation of a second round of rate hike this year, at least four hotels are raising or have raised their room rates. Come next month, rates in the Century Park Sheraton
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  • Article
    Lock icon Australia faces recession by mid-year: economists
    87 1 AFP THE Australian economy is hurtling towards a technical recession if not in the March quarter, then by the middle of the year, according to Australian economists. They said that the release of key national accounts data on Wednesday would show negative gross domestic
    AFP  -  87 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        ROV releases list of open market car values
        103 2 THE Registry of Vehicles released on Saturday a list of the open-market values (OMV) of cars sold in Singapore. This was done to give the public a better understanding of what cars cost and what buyers are paying for them. The list
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      • Article
        Trade plate fees up
        79 2 THE annual fee for trade plates used mainly by car distributors when taking prospective clients on test drives will be increased in two stages. It will be increased from $240 to $600 from next month, and then go up again on Dec 1 to $1,200. The
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      • Article
        Licences for pig importers
        44 2 TWENTY-ONE of Singapore's 23 pig importers obtained import licences on the same day that the government announced the new rule that all importers of live pigs must be licensed under the Price Control Act. The rule comes into effect today.
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      • Article
        More money for special schools
        60 2 SPECIAL SCHOOLS will get 35 per cent more from the Ministry of Education this year, bringing the grant to $6.1 million, Senior Minister of State for Education, Dr Tay Eng Soon, announced on Saturday. This amount will include costs incurred in setting up a new
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      • Article
        Fight against drug abuse
        89 2 SINGAPORE must continue to maintain its tough laws against drug abuse and not take the soft way out like some European countries are doing, National Development Minister Mr S Dhanabjlan said on Saturday. He said that these countries believed that legalising the sale of drugs was
        89 words
      • Article
        Please pledge organs
        55 2 THE Minister-in-Charge of Muslim Affairs, Dr Ahmad Mattar, has urged prospective Muslim kidney donors to make an effort to persuade their next-of-kin to agree to the pledge. Speaking at a forum on organ transplant on Saturday he reminded his audience that without the consent of two next-of-kin,
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      • Article
        For the record
        53 2 THE Singapore Book Publishers Association has elected its executive committee for the year 1990/91. It comprises Charles Cher (president); NTS Chopra (vice-president); K P Sivam (secretary); Maria Chong (assistant secretary); Tan Wu Cheng (treasurer); B C Poh; Loh Mun Wai; Nand Mirchandani; R Perumal; Joanna Au; and
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    • Article
      A database for local businesses to tap into
      289 2  -  By Suzanne Soh LOCAL businesses will be able to tap directly into a business information database, specially set up by Enterprise Promotion Centres Pte Ltd (EPC), by next year. The EPC network (EPCNet) will also provide information on various government assistance schemes
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    • Article
      British mission coming to seek partners
      118 2 SEVEN British companies are visiting Singapore early next month to seek partners in manufacturing projects. The mission, organised by the Luton, Bedford and District Chamber of Commerce, will be here from June 4 to 8. They will examine the potential for joint venture manufacturing
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    • Article
      Transworld Corp pays $3.88m for Ming Village
      324 2  -  By Sangeeta Mulchand IN A MOVE to diversify its business interests, local trading company Transworld Corporation has bought Ming Village, a pottery factory-cum-showroom in Jurong, for $3.88 million. And, in a show of confidence for the tourist attraction which has been under receivership
      324 words
    • Article, Illustration
      Community spirit takes the driver's seat
      50 2 BRIGADIER-GENERAL (Res) Lee Hsiea Loons, the Minister for Trade and Indnstry, yesterday finned off the. Autoventure Rnce organised by the Teck Ghee Citizens' Consultative Committee. Several teams took part in the rally, which saw participants chasing clues from various parts of the island. o
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      207 2 "111 I »M=== II II I I I,) i i ,T. Every day you make financial decisions that affect your company's future. To get ahead, you need accurate information -ii as fast as possible: you need f Hexagpn, Hongkongßank's global electronic financial service system. Hexagon gives you direct access to
      207 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      UIC to lay out another $145m for SingLand stake
      623 3  -  By Conrad Raj UNITED Industrial Corporation has not only confirmed its one-for-two bonus and one-for-two rights issue at $1 each but has also disclosed that it has to spend about another 14S million for shares and warrants that had earlier been
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    • Article, Illustration
      NOL foresees a register for foreign holders
      455 3  -  A Abdul Hadhi FOREIGN shareholding in Neptune Orient Lines (NOL) is expected to reach its limit soon,''and might require the setting up of a separate register for such shares. This was revealed in the company's 1989 annual report which was released over the
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    • Article
      Lock icon Sungei Way plans 'smart' HQ building
      234 3 Bernama CONSTRUCTION-BASED group Sungei Way is expected to spend up to MS 12 million to install an up-to-date, fully-computerised environment in its proposed corporate headquarters. Deputy group general manager (finance and administration) Quah Siak Seng said the 25-storey building in Bandar Sunway, near Subang
      Bernama  -  234 words
    • Article
      EMS: Getting the priorities right
      553 3  -  THE HOCK LOCK SIEW COLUMN By William Chia VIDfcOTAPE housing manufacturer Electiro-Magnetic (S) Ltd (EMS) invited Indonesian conglomerate Raja Garuda Mas (RGM) on board because it wanted a strtong and well-connected partner to support its fast growing operations. Bpt the RGM group, through its takeover
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    • Article
      Lock icon Lawyer tells court how he bought Renong shares
      543 3 Bernama A SINGAPORE lawyer told the Sessions Court in Kuala Lumpur on Friday how he managed to purchase over 15 million shares in Renong Bhd after revealing his business plans to two major shareholders of the company. Mr Lim Kiap Khee, 42,
      Bernama  -  543 words
    • COMPANY BRIEFS
      • Article
        Landmark buys 50pc stake in UBN
        102 3 MALAYSIA'S Landmark Holdings Sdn Bhd said it would buy a SO per cent stake in ÜBN Holdings Sdn Bhd from Peremba Bhd for M 5221.1 million through a share issue. Landmarks said it would also take over an outstanding M 541.3 million loan ÜBN
        102 words
      • Article
        Project profitable: Tan Chong
        164 3 TAN CHONG MOTOR Holdings Bhd views the proposed truck manufacturing project under the Asean industrial joint venture (AIJV) programme to be profitable and prestigious, said its managing director, Tan Eng Soon, in Kuala Lumpur last Friday. The programme is under the auspices of the Asean Committee
        164 words
      • Article
        Sungei Way turnover
        109 3 THE SUNGEI WAY group, which has 30 member companies, expects to hit close to.Ms4oo million in turnover this year compared with Ms3oo million last year, says the deputy group managing director, finance and administration, Quah Siak Seng. He said the listed vehicle of the group, Sungei Way
        109 words
      • Article
        New UMBC financial packages
        111 3 UNITED MALAYAN BANKING CORPORATION Bhd will introduce a few financial packages aimed at the retail and middle segment of the banking sector before the end of the year, said its president and chief executive, Haji Abdul Aziz Omar, in Kuala Lumpur last week. He said since
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      127 3 ~|i- 41^. r^ JLVa--,v.4aiiyiiHtV f I^ByoKjU Jyi MlHit-* j^yiWbiy^t* f«9-TocrSWO9i*MrtnßS* > Classic lines Impeccable breeding. Owned by a few. As finely honed as a champion mount. That's the spirit of Saratoga*. CONCORD. 1908 AUTHORISED 06ALERS A«a Watch (PwVway Parade). Chaw Chaong W*ch Car** (Shaw Cantra. Wiama Atna). Corana WMch Cartre
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  • REGIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Support for Manila petrochem project
      433 4 AFP PHILIPPINE economic officials have reiterated their support for a Taiwanese-led US$37O million petrochemical project despite reservations expressed by two major government banks. The Luzon Petrochemical Corporation (LPC) project, headed by Taiwan-based USI Far East, was plunged into a new controversy last week when the
      AFP  -  433 words
    • Article
      Officials say they did not pressure state banks
      362 4 TWO of Philippine President Corazon Aquino's cabinet officials last week denied charges they pressured state banks to grant "behest loans" to the Taiwanese-owned Luzon Petrochemical Corp (LPQ. "It's pure folly for anybody to think of even trying to exert pressure or influence
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    • Article
      Lock icon Mitsubishi still most profitable Japanese trader
      359 4 AFP JAPAN'S Mitsubishi Corp remained the country's most profitable trading company in the year to March followed by Sumitomo Corp and Mitsui and Co, according to figures released last Friday. But unconsolidated financial results posted by the nine biggest Japanese trading houses also showed
      AFP  -  359 words
    • COMPANY BRIEFS
      • Article
        Joint venture cigarette plant
        102 4 VIETNAM and South Korea have agreed to establish p joint venture in Ho Chi Minh City to produce cigarettes, thek Korea Tobacco and Ginseng Corp announced on Friday. Corporation officials said that agreement was reached on Thjursdas when Hong Do-kyun, head of the Korean corporation, Visited
        102 words
      • Article
        Sharp to boost investments
        88 4 SHARP CORP, a leading consumer electronics and? office automation group, plans to boost investment in plait and equipment to 96.0 billion yen in 1990/91 to March 31 from 65.0 billion in 1989/90, a spokesman said. Some 23.0 pillion yen would be used to strengthen its liquid
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      • Article
        Higher capital ratios at BNZ
        93 4 BANK OF NEW ZEALAND'S strengthened position h<y> been reflected in higher capital ratios which exceed international and local capital adequacy guidelines, chairman Syd tPasley said. The state-controlled bank's tier one capital stood at 6.44 per cent at March 31, 1990 with its total capital ratio
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      • Article
        Konica sees profit at 9.5b yen
        100 4 KONICA CORP said it expects parent net profit to rise to 9.5 billion yen in the year ending April 20, 1991 from 8.53 billion a year earlier. The photosensitive materials maker laid it expects current profit to rise to 20 billion yen in 1990/91
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      187 4 ONE ACCOUNT, MULTI-USES Introducing the all-in-one account that links our banking services so that you can maximise your money's potential. Multi Link. Multi-uses. More benefits. Greater convenience. The answer to your banking needs in the nineties. Take a look at what Multi Link can do for you. ONE ACCOUNT, can
      187 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Shareholders approve GM's pension plan
      375 5 NYT GENERAL MOTORS shareholders have approved by a wide margin a sharp increase in pension benefits for the company's top executives. Roger Smith, the retiring chairman, whose annual pension under the new plan will be about US$l.2 million rather than the US$7OO,OOO provided by the
      NYT  -  375 words
    • Article
      Lock icon Jitters over popular US retirement plan option
      773 5 NYT THE COLLAPSE of the US "junk bond" market and the well-publicised troubles of First Executive Corp, whose California insurance unit has the largest investment portfolio of the high-risk, high-yield bonds, have prompted employers and employees in the US to stop and take
      NYT  -  773 words
    • Article
      Lock icon Investors ignoring 'management report'
      257 5 NYT FOR SEVERAL YEARS, many of the leading companies who consider themselves on the vanguard of financial reporting, like the Boeing Corp, the Marriott Corp and the Chrysler Corp, have been reserving a little-noticed section in their annual reports for something called the "management report". In
      NYT  -  257 words
    • COMPANY BRIEFS
      • Article
        GM in joint venture with East German firm
        112 5 GENERAL MOTORS CORP announced a joint venture on Friday with an East German firm to begin the manufacture of cars, the first entry by a US camaker into Eastern Europe since its political liberalisation. Chairman Roger Smith said GM would join with
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      • Article
        More spinning mill closures
        95 5 COURTAULDS TEXTILES on Friday announced closure of three of its 14 remaining yarn spinning mills with the loss of 500 jobs, blaming the retrenchment on pricing pressure caused by overcapacity and weak demand on the European yarn market. The closures, all in Britain's textiles heartland in
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      • Article
        Alpo Petfoods not up for sale
        102 5 SHARES in international food and drinks group Grand Metropolitan pic were marked down after the company said on Thursday its Alpo Petfoods Inc business in the United States was no longer for sale. "This came as a disappointment to the market. If it had
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      • Article
        Degussa may maintain profits
        102 5 DEGUSSA AG said it expects 1989/90 net profit to match the 175.3 million marks of the previous year if the drop in chemicals earnings stops and metals and pharmaceuticals results continue to develop favourably. In a letter to shareholders Degussa said poorer results in its chemicals
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      • Article
        Dresdner earnings up
        101 5 WEST GERMAN Dresdner Bank AG said partial parent operating profit in the first four months of the 1990 financial year rose 30 per cent compared with the same period of last year. It gave no exact figures. Board chairman Wolfgang Roeller told the bank's annual shareholders meeting
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      259 5 LIKE ALL ARTISTS, those whose creative domain What early nineteen eighties with the classic dishes of is the kitchen can be a temperamental lot. France, Japan, China and Mexico. SOME OF And nothing upsets their sensibilities more than Using only light, fresh ingredients prepared a challenge to the traditional way
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        DBS Bank opens new branch at Bukit Batok
        76 6 A NEW DBS BRANCH opens today at Block 634 Bukit Batok Central, next to the MRT station and the bus interchange. The braflch will provide a complete range of service including safe-deposit boxes, both Singapore and foreign currencies fixed deposits, credit card
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      • Article
        Rating for commercial papers
        39 6 MOODY'S INVESTOR'S SERVICE has assigned a rating of Prime-1 to the commercial papers of Hongkong Bank of Canada. The Hongkong and Shanghai Bank, which has a total assets of US$l33 billion, unconditionally guaranteed the papers.
        39 words
      • Article
        HK bank rates stay
        58 6 THE HONGKONG Association of Banks has decided to leave interest rates unchanged, keeping the prime lending rate at 11 pef cent. "Interest rates have hardly moved since last week, so there's no reason for a change despite a slightly softer tone in US rates," acting association
        58 words
      • Article
        East Germany needs loans
        73 6 EAST GERMANY wants to borrow up to 50 billion Deutschemarjes (US$3O.l billion) to provide liquidity for its industry wlpch is in dire need of modernisation. The Financial Times newspaper quoted Mr Wolfram Krause, deputy head of Treuhandanstalt. the trust body which owns most state property in
        73 words
      • Article
        Exchange rate on low priority
        102 6 EXCHANGE RATE POLICY is a low priority among major industrialised countries and this has left the world with an unstable floating rate system. Mr Erik Hoffmeyer, Danish central bank governor, told currency dealers at the Association Cambiste Internationale (ACI): "Attitudes show that there is no
        102 words
      • Article
        Belgium withdraws objection
        59 6 BELGIUM has announced it was lifting its objections to the European Bank for Reconstruction and Development (EBRD), a week after the European Community members fought a bitter turf battle over the future agency. The decision opens the way to trouble-free ceremonies in Paris tomorrow, when foreign ministers
        59 words
    • Article
      Two firms finalising plans to issue ADRs
      308 6  -  By Quak Hiang Whai TWO publicly-listed Singapore companies are planning to issue American Depository Receipts (ADRs) in the next few months. Through ADR specialist, the Bank of New York, the two companies will issue the papers in the over-the-count-er market in the US.
      308 words
    • Article
      Lock icon BankAmerica ready to reassert presence
      352 6 Reuter BANKAMERICA Corp's plan to expand international operations, particularly to help serve clients in Eastern Europe, is a natural extension of the strategy that returned the bank to profitability, analysts said. "They are now the third largest bank holding company in the US and have
      Reuter  -  352 words
    • Article
      Lock icon Nigeria and creditors await IMF report
      219 6 Reuter NIGERIA'S interlocking negotiations with various groups of creditors over its US$32 billion foreign debt are hanging fire awaiting the judgement of an International Monetary Fund (IMF) team which visited the country recently. "We are trying to put a new IMF programme in place
      Reuter  -  219 words
    • Article
      Lock icon Taipei expected to ease credit further
      191 6 Reuter TAIWAN is expected to take new measures to ease its tight monetary policy further to spur the island's economic growth this year. Central Bank governor Samuel Shieh told reporters on Saturday: "We would further ease the current credit conditions to spur the economic
      Reuter  -  191 words
    • Article
      Lock icon Earnings of Japan's trust banks take a beating
      308 6 AFP JAPAN'S seven trust banks suffered a decline in earnings in the six months to March, with figures released on Friday showing an average fall of around 10 per cent despite higher revenues. Mitsubishi Trust and Banking Corp, the biggest, said its
      AFP  -  308 words
    • Article
      Lock icon US banks poured in US$129m to curb money laundering
      222 6 Reuter US BANKS spent over US$l29 million last year to record and report suspicious transactions in an effort to help regulators catch money launderers, the American Bankers Association said in a survey released on Friday. "We think that number's low, but
      Reuter  -  222 words
    • Article
      Lock icon China may act if Bank of Tokyo opens office in Taiwan
      353 6 AFP CHINA has hinted that it might take retaliatory action if one of Japan's biggest banks opens a representative office in Taiwan against its wishes. The warning to Bank of Tokyo Ltd was published in the Economic Daily per
      AFP  -  353 words
    • Article, Illustration
      Lock icon Last day set for East Germans wanting to change Ost marks in West Germany
      323 6 AFP EAST GERMANS will no longer be allowed to change their Ost marks for Deutschemarks in West Germany after the end of May, the Bundesbank said on Friday. They will, however, continue to be able to
      AFP  -  323 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      384 6 yi WlThe Chartered Institute of Marketing Diploma In Marketing A British Marketing Qualification For Senior Managers A Special Residential Programme (24 August to 2 September 1990) Applications are invited from senior managers who wish to acquire an internationally recognised professional qualification, the Diploma in Marketing from the Chartered Institute of
      384 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Move to turn M'sia into watch centre
      450 7 MBT A GROUP of Hongkong and Taiwanese watch manufacturers have taken a HKS2OO million (Ssso million) step towards realising their vision of turning Malalysia into the next "watch centre" in the region. "Between 25 and 35 companies have agreed to invest in Malaysia
      MBT  -  450 words
    • Article
      Lock icon Iran, M'sia to increase trade to US$200m
      372 7 AP MALAYSIAN Foreign Minister Abu Hassan Omar last Saturday signed a protocol boosting trade between his country and Iran to US$2OO million a year, the Islamic Republic News Agency reported. Tehran Radio, like the official agency monitored in Nicosia, said Malaysia agreed to
      AP  -  372 words
    • Article
      Builders' body hits out at rise in prices of materials
      463 7 THE Master Builders Association of Malaysia (MBAM) fears another "boom and bust" cycle may afflict the country's property and construction sector if the present price increase of building materials goes unchecked, executive secretary Kong Yee Peng said. The association, which
      463 words
    • Article
      Lock icon Businessmen still bullish on Philippines
      214 7 MBT MALAYSIAN COMPANIES and businessmen continued to remain bullish on the Philippines' investment climate. A central bank report shows that Malaysians pumped in US$6OO,OOO in fresh equity investments in the first quarter of this year. The amount represents 0.12 per cent of the total of
      MBT  -  214 words
    • NOTE BOOK
      • Article
        Sri Lankan reservoir completed
        73 7 SRI LANKA has completed one of Asia's largest development projects, designed to increase its irrigated land and generate more hydro-electricity. President Ranasinghe Premadasa last Saturday opened the last of six reservoirs under the Mahavdi River Development Scheme built with 6.4 billion rupees (US$l6O million) of West
        73 words
      • Article
        Thai visit satisfactory: Dhaka
        64 7 BANGLADESH Prime Minister Kazi Zafar Ahmed said in Dhaka last Saturday that his five-day official visit to Thailand should help reduce Bangladesh's trade deficit with the Southeast Asian country. Mr Ahmed, who returned home on Friday, told reporters that he was "extremely satisfied" with the visit,
        64 words
      • Article
        Dole's Philippine flower farm
        67 7 DOLE FOOD Co, the leading US fruit producer, will export flowers from the Philippines to Japan under an agreement announced May 24 by Flora International Co, a Japanese importer of cut flowers. Dole will raise tropical and subtropical flowers at a 35-hectare farm on the Philippine
        67 words
      • Article
        Indon-Japanese project begins
        55 7 CONSTRUCTION began last Saturday on a US$B.55 million industrial park, Indonesia's first such project built as a joint Indonesian-Japanese venture. Junior Industry Minister Tungki Anwibowo led the groundbreaking ceremony in the village of Sukaresmi about 80 km east of Jakarta. The 210-hectare development is being built by
        55 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      Page 7 Advertisements Column 2
      143 7 As you move into the 21st Century, you will meet new mm I challenges. mm I Get the assurance of financial mm I security and peace of mind with mm I the right financial protection. mm I And face each new day with JhC 2-/ Eastern Life with over 81
      143 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        US spending rise seen as anti-recession signal
        89 8 THE US COMMERCE DEPARTMENT'S announcement last Friday that American consumer spending rose by 0.6 per cent last month was greeted by US economists as a further sign that a recession could be avoided. Consumer spending had risen by 0.5 per cent in the
        89 words
      • Article
        Call for arms cutting in Asia
        76 8 A GROUP of former heads of state have urged the US and the Soviet Union to start talks on cutting their military strength in Asia, following a reduction of tension in Europe. The group, called the InterAction Council, made the call in a statement
        76 words
      • Article
        Australian aid level criticised
        102 8 AUSTRALIA is the "most embarrassing member" of the Organisation for Economic Cooperation and Development (OECD) in the amount of overseas aid expended each year, says a former senior Australian government adviser. Elizabeth Reid, the programme director for the UN Women in Development Programme, told a press
        102 words
      • Article
        Record US essential oil exports
        80 8 US EXPORTS of essential oils the kind that smell and taste good rose to an all-time high last year, says the US Agriculture Department. Last year's exports of essential oils reached nearly US$l44 million a 17 per cent increase over a year earlier and well
        80 words
      • Article
        Hungarian deficit narrows
        84 8 HUNGARY'S hard currency current account deficit narrowed to US$49 million in the first quarter of this year, says the country's national bank chief. Frigyes Harshegyi, managing director of the National Bank of Hungary, said in Frankfiirt last Friday that there was every chance that the full-year target
        84 words
      • Article
        Marubeni wins Ugandan deal
        85 8 JAPANESE TELECOMMUNICATIONS FIRM Marubeni Corporation has won a US$27 million contract to improve Uganda's telephone system. Funds for the two-year programme would come from a US$5O million World Bank soft loan, the director of the state-owned Uganda Posts and Telecommunications Corporation, Pascal Mukasa, said in Kampala
        85 words
    • Article
      Lock icon US and Eastern Europe competing for capital
      561 8 Reuter THE US GOVERNMENT is facing a new competitor as it tries to raise cash in global capital markets an Eastern Europe hungry for billions of dollars of investment money. The result, say American economists, should be upward pressure on US interest rates,
      Reuter  -  561 words
    • Article
      Lock icon Decline in US tourists visiting Soviet Union
      346 8 NYT AMERICAN TOURISTS, who flocked to the Soviet Union in record numbers in the last two years, are thinking twice this year, say US travel companies and agents specialising in Soviet tours. Though Americans are still eager to witness the changes in Soviet
      NYT  -  346 words
    • Article
      Lock icon Big deficit predicted
      52 8 AFP AUSTRALIA can expect another large current account deficit when the April bal-anee-of-payments figures are released today, a leading banker said yesterday. ANZ Banking group chief executive Will Bailey, speaking on Australian television, said: "My indicators (are) that there is still going to be a very strong
      AFP  -  52 words
    • Article
      Lock icon Canada giving US$25m to aid bank
      175 8 Reuter CANADA has announced that it will pay Cs3o million (U5525.4 million) a year for five years in the European Bank for Reconstruction and Development that is designed to help Eastern European nations shift from centrallyplanned economies to a liberal free market system. Canada's
      Reuter  -  175 words
    • Article, Illustration
      Lock icon Environmentalists in India up in arms over big dams
      370 8 AFP INDIAN environmentalists have declared war on big dams, using an international-ly-funded, US$l5 billion project as the main target of a growing movement against "destructive development". The movement is led by the aged and internationallyrenowned Baba Amte, who calls the Narmada
      AFP; AFP picture  -  370 words
    • Article
      Lock icon Tokyo hopes to widen agenda at talks with EC
      531 9 AFP THE EUROPEAN Commission and Japan will open the first ministerial talks in over three years tomorrow in Brussels, with Tokyo hoping that the agenda will include more than just trade problems. "We hope to see relations take the form of
      AFP  -  531 words
    • Article
      Lock icon Ministry report says surplus needed to provide foreign aid
      273 9 AFP JAPAN needs to keep a trade surplus to meet a growing demand for assistance from Eastern Europe and developing countries. According to a report by a Japanese Finance Ministry study group, developed nations must raise their savings rates and build
      AFP  -  273 words
    • Article
      Lock icon Call to use 1pc of GNP for aid
      230 9 Reuter THE EUROPEAN Community (EC) should dedicate one per cent of the combined gross national product to helping Eastern Europe and other developing nations, according to an Italian minister. Speaking in Caracas, Venezuela, last Friday, Italian Foreign Minister Gianni de Michelis said
      Reuter  -  230 words
    • Article, Illustration
      Lock icon A work of art you can step on
      47 9 French painter Jean-Laffitte Pigassoupose stands on his 10,000 sq m work, described as "the biggest painting in the world? The painting, housed in Castelnaudary, consumed three tonnes of paint and took 500 hours to complete. AFP picture AFP picture
      AFP picture  -  47 words
    • Article
      Lock icon Sir Leon hits out at airline cartels
      207 9 Reuter THE EUROPEAN Community (EC) will not tolerate cosy arrangements some carriers seem to be planning to protect their market share, says Sir Leon Brittan, the European commissioner in charge of competition policy. "The airline industry in the Community must understand that we
      Reuter  -  207 words
    • Article
      Lock icon Warning against dallying over EMU
      435 9 Reuter EUROPEAN Community governments that are not ready to make a commitment to economic and monetary union (EMU) will face more rapid inflation, says an independent member of the Delors committee on EC integration. Speaking to currency traders at the annual conference of the Association
      Reuter  -  435 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      150 8 l ROSE GARDEN SICHUAN RESTAURANT fS Level 5, Golden Landmark Hotel 390 Victoria Street, Singapore Sichuan Cuisine at its spicy best In a new locale, where East meets West The Rose Garden Sichuan Restaurant at the Golden Landmark Hotel. A new name in a new location. An age-old tradition in
      150 words
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      Page 8 Advertisements Column 2
      195 8 |H HOW TO ACQUIRE EXTRA OFFICE SPACE FOR ONLY $80 PER MONTH W&T RECORDS STORAGE MANAGEMENT Now. for only $80 per month, W&T can professionally SERVICES CAN FREE YOUR PRESENT STORAGE store your documents in specially made containers AREAS measuring 8' by 5' by 8! These will be locked and
      195 words
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      Page 9 Advertisements Column 1
      101 9 Glorious Indulgence! Variety Is A Spice Of Life! Yes. indeed. At River Garden Coffee House, we have a daily change of menu for our Local Set Lunch and Western Set Dinner. You'll certainly expect a wide range of food for a perfect indulgence everytime. So, come down and sink those
      101 words
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      Page 9 Advertisements Column 2
      162 9 10 ways the Dale Carnegie Course 9 helps men and women: Poiae and Confidence Public Speaking Human Relations Insight People Management SUIIa Effective Communication# Motivational Skill* The Courage to Think, Decide and Act Sell youraelf and Your Ideaa Develop Your Hidden Abilitiea Win a Better Job, More Income With the
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      Page 9 Advertisements Column 3
      173 9 a jjg DeLaneau an J Roy Eastern: In perfect time ri 4 fc It is a special moment when you cradle in your hands the perfect watch. And with its beautiful lines and superh craftsmanship, a DeLaneau is truly a watch that dreams are made of. At Roy liastern, selecting
      173 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Much political pain, no economic gain
      1034 10 Analysts think Moscow's latest economic reform proposals are aimed at discrediting the idea of a third way between socialism and capitalism NYT THE KREMLIN'S latest proposals to rejuvenate the Soviet economy, unveiled to an incredulous citizenry last week, are widely viewed by Western analysts
      NYT  -  1,034 words
    • Article, Illustration
      Lock icon Business as usual after 1997?
      674 10 Hongkong business leaders expect China to keep the golden goose NYT YOU WOULD NOT expect Karl Otto Pohl, the president of the West German Bundesbank, to be saying now that the economic union with East Germany will be inflationary and force interest higher, even if
      NYT  -  674 words
    • Article
      Lock icon The lure of Myanmar
      711 10 IHT SHUNNED by Western governments and Japan, the military rulers of Myanmar (Burma) have opened the country's rich resources to foreign investment in an effort to revive a stagnant economy and pacify political unrest. While dozens of international investors, including major oil companies, have established operations
      IHT  -  711 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      68 10 fpnnnnnnnnrTinm/RTTR AiittkuAiigSLli QXIJUDUdLE®® iUUjJ 0" r. v m EnmamieAsiaSO Tha oth r r M |,f| t(l TW 4th AsiMM F if I I BriliMlf CMMHMkfItJMi A IsAnuliM Sjvttsf Siww A CMIWMO9 29 MAY 1 JUNE 1990 WORLD TRADE CENTRE SINGAPORE OryaTOSdOK Supported by -J^sy. U H I SI"9 J P°
      68 words
  • Page 10 Miscellaneous
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      Page 11 Advertisements Column 1
      232 11 QosingTheGap Between What Business Needs Md What Information Systems Can Deliver. .ri I»1 •hi >i I, 1 t.y Unprecedented changes in markets, com- handle rapid change. In fact, the gap and software. So you can add applications petition, regulations, and technology are between what business needs and what and functionality
      232 words
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      2585 12 &olbtn Caatle Jfinantt llfltf CORPORATION LIMITED 17W lA. M (Incorporated in Singapore) \jUlLx AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 31 DECEMBER 1989 e FIXED SAVINGS ANO OTHER OEPOSITS G' Hull r nmny, GfOUP Ca—at 19H9 i QAA 1989 ao« to tea 1989 1988 1989 1988 ss ss ss
      2,585 words
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      Page 12 Advertisements Column 2
      892 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ETENNE AIONER PRIVATE UMITED (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of 9m member* of lha abovenamed company, duly convened and held at 10 Anaon Road #24-06 International Plaza, Singapore 0207 on 24* May 1990 the Mowing
      892 words
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      Page 12 Advertisements Column 3
      922 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 ANO IN THE MATTER OF ALEXANDER A ALEXANOOI SERVICES (SBKJAPORE) PTE HO VOLUNTARY WINDING UP) Al m\ Exiiauidkiary General Ms tang of the members ot Aisnnder A Alexander Servtoee (Singapore) Pte Ltd convened and held M 250 North Bridge Road. #28-04
      922 words
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  • FOCUS 1
    • Article, Illustration
      The 'localisation' of multinationals
      1410 13  -  More Singaporeans are making the grade as senior managers at multinational corporations. Terry Hoyt reports ENTERPRISE MANAGEMENT EDITED BY CHUANQ PECK MING Terry Hoyt Terry lloyl is a local writer. This article first appeared in the April issue of Singapore Business IN THE "melting pot" culture
      1,410 words
    • Article, Illustration
      The lady's no mere temp
      1060 14  -  Eleven years ago, a young lady set up a small temporary help and recruitment enterprise, expecting to sell it when the time was right. Today, Business Trends has expanded and there is no way the lady will even take time off work. Chuang Peck Ming
      1,060 words
    • Article
      Charting a global information strategy
      747 14  -  SPOTLIGHT ON MANAGEMENT By Jen Shekk Voon FROM a management perspective, information technology has made it possible for global competitors to set product strategies and marketing goals as well as to measure business performance worldwide. In this environment, the need for a global information and
      747 words
    • Article
      Alright now, it's time to get organised
      653 14  -  By Chuang Peck Ming THE RINGING telephone, the papers and mail arriving on your desk, someone popping into your room asking, "Have you got a minute?" these are the everyday distractions that get in the way of your work at the office. They
      653 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      162 13 Speedpost Singapore to Hong Kong Overnight On time. On target. On demand. From 1 June '90, you can send time-sensitive documents and parcels to Hong Kong quicker Simply let us have it before noon at Orchard Point Post Office, General Pos Office or Robinson Road Post Office and it will
      162 words
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  • Page 14 Advertisements
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      57 14 This announcement appears as a matter of record only KOREA MERCHANT BANKING CORPORATION US$ 30,000,000 Negotiable Floating Rata Notea dua June 1093/95 Arrangers and Lead Managers KDB International (Singapore) Ltd Bayerlsche Landesbank Glrozentrale, Singapore Branch Managers Korea First Finance Ltd Banque Internationale A Luxembourg BIL (Asia) Ltd Agent Bank /XBAYERISCHE
      57 words
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      Page 14 Advertisements Column 2
      301 14 MEMOPAP Seminars and courses Dwadoa Thte Vw*e Organiser TO May 29 Commercial Law Hotel Equatorial Dominion Conferences *****25 A Publications May 29 Human Factors in The Institute of The NUS *****04 Jun 1 Information Systems Systems Science May 30 Meaningful Interpretation Hotel Equatorial Dominion Conferences 22SSS2S A Analysis of Financial
      301 words
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  • SPORTS
    • Article
      Lock icon Bland shares lead with Olazabal
      273 15 AP SOUTH AFRICAN John Bland shot his second successive 67 on Saturday to share the lead with Spain's JoseMaria Olazabal after two rounds of the US$6BO,OOO European PGA Championships at Wentworth. Bland's 5-under round put him and Olazabal at 10-un-der 134, two shots ahead of
      AP  -  273 words
    • Article
      Lock icon Clearwater takes two-shot lead in Atlanta Classic
      429 15 AP KEITH CLEARWATER, 164 th on this year's money list, turned in a bogey-free 6-under-par 66 to build a two-shot lead in the third round of the Atlanta Golf Gassic on Saturday. Qearwater, who has not won on the PGA Tour since capturing
      AP  -  429 words
    • Article, Illustration
      Lock icon Senna clinches pole position
      418 15 AP AYRTON SENNA broke his two-day-old qualifying mark on Saturday, winning the pole position for the Monaco Grand Prix. Racing through the streets of Monte Carlo, the Brazilian covered the 3.068-km (2.068mile). circuit in 1 minute, 21.314 seconds to clinch the 45th pole position of his
      AP  -  418 words
    • Article
      Lock icon Yugoslavia defeats Sweden
      139 15 AP GORAN PRPIC upset Stefan Edberg 6-1, 6-4 on Saturday to lead Yugoslavia to a 2-1 victory over Sweden and a berth in the finals against the United States in the US$l.3 million ATP World Cup. Yugoslavia, playing for the first time in the tournament's 13-year history,
      AP  -  139 words
    • Article
      Lock icon Fittipaldi seeks a tough repeat at Indy 500
      480 15 AP HISTORY at the Indianapolis 500 can be as daunting as it is rich, and Emerson Fittipaldi is trying to defy it. Only four men have won two straight at the Indianapolis Motor Speedway in the 73 years the 500-mile (804-km) race
      AP  -  480 words
    • SIDE LINES
      • Article
        Kelesi to take on Paulus in Geneva final
        97 15 THIRD-SEEDED Helen Kelesi of Canada defeated Sabine Hack of West Germany 6-2, 6-1 on Saturday, advancing to the finals of the US$ 150,000 Geneva European Open. In the other semi-final, No 2 seed Barbara Paulus of Austria defeated Emanuela Zardo of Switzerland
        97 words
      • Article
        Brothers Brabham
        142 15 IT WAS to be a busy afternoon in holiday traffic for the Brabham bothers yesterday. David Brabham qualified for yesterday's Monaco Grand Prix. About 9,600 km away, hi# older brother Geoff was starting in the Indianapolis 500., Their father, Sir Jack Brabham of Australia, won at Monaco; in
        142 words
      • Article
        Compensation money
        59 15 SEVERAL of New Zealand's rugby All Blacks could earn much as NZ$5OO per Test to compensate for time away from their regular jobs, the Sunday Star in Auckland reported. Such compensation has been approved by the International Rugby Board and the All Black-Scotland Test on June 16 will
        59 words
      • Article
        Barnes misses second record
        74 15 RANDY BARNES fell short of bettering his new world shot putt record but his winning heave at the Bruce Jenner Classic in California on Saturday was still good for the world's second best. Barnes threw 75ft 10.25 in (23.12 metres) one week ago j. to better
        74 words
      • Article
        Jordan leads Bull charge
        66 15 MICHAEL JORDAN scored 47 points and led a second-half charge that brought the Chicago Bulls back from a 14-point 1 deficit for a 107-102 victory over the Detroit Pistons in the Eastern Conference final on Saturday. The triumph cut Detroit's lead to 2-1 in the best-of-7
        66 words
      • Article
        Dele keeps title
        51 15 GILBERT DELE of France retained the European light-mid-dleweight title in Caserte, Italy, on Saturday when he unanimously outpointed 30-year-old Italian Giovanni De Marco over 12 rounds. It was 26-year-old Dele's second defence oC the title he won when he knocked out another Italian, Giu- seppe Leto, last
        51 words
      • Article
        Koech takes steeplechase
        49 15 WORLD record holder Peter Koech of Kenya won the Nunez Blanca Memorial Track and Field Meet's 3,000-metre steeple-" chase in Granada on Saturday, edging Uruguay's Ricardo Vera by less than 3-10ths of a second. Koech finished in 8:29.83, just ahead of Vera, who ran a 8:30.05.
        49 words
      • Article
        Poulnikov takes ninth stage
        73 15 VLADIMIR POULNIKOV of the Soviet Union won the mountainous 176-kilometre (105.6-mile) ninth stage of the Tour of Italy cycling race on Saturday, finishing one minute and 39 seconds ahead of a pack of four riders. Italy's Gianni Bugno finished 25th in the stage in a large
        73 words
      • Article
        Madsen wins KL marathon
        43 15 DENMARK'S Palle Redder Madsen clinched his first win in > an international marathon competition by winning the 42-km Kuala Lumpur International Centenary Marathon yesterday, The 30-year-old Madsen clocked two hours 31 minutes 37 seconds to win the men's open event.
        43 words
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      114 15 fIHHHHIH HE IHK June brings an in-depth investigation into US/Japan relations —in the first of an exhausl||p tive three-part series, HOW OTHERS SEE JAfMThis month: HH 'fißfe Japan as seen through the eyes of commentators in the US. Then we examine EVERYDAY INTUITION. It's not a 'gift; say scientists; intuition
      114 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      174 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by word of mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585
      174 words
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      Page 16 Advertisements Column 2
      342 16 1 DIAN XIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. Ml-\(xi-can-eat for only $16.80" per person Lunch Hours: 11.30 am 2 30pm HYMT regency©sngapore I I't 12 Scons K»ud Ntnjypure W— lei 7J3IIKH j V C r 0 j Truly local sweet and sour, spicy and tangy dishes
      342 words
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      Page 16 Advertisements Column 3
      238 16 |i j— Buy a glass of Hemeken Beer during Happy Hour* and you get I to participate in this game of wits. 2 Heineken hampers to be won each week Every Monday only. Plaza Haja -TZi, S BM^_ I IiNTiTijWJ JL! f ■J *> Together, they will H I H
      238 words
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      Page 16 Advertisements Column 4
      248 16 COME ON, JOIN IN! At The Library, every Monday night is Karaoke night. So come on down and )oin in the fun. May 7,14,21 and 28. From Bpm 2am. No first drink charge. Liaaiy X QM»n{/mn QD (Jmpyx** l> tW tntoi d fp>rn 333 Orchard Road. Singapore 0923. Tel: 737
      248 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      700 16 TELEVISION AND RADIO I 9.00 NeLsatNlne. 6.00 Regional News (M). WL riNII JI iW L 71A »m Th- 930 F#€l Good <*"" «-30 Holy Book. BBC, 89.9 mHz hi VMF Band II XC4rkJ Vv/A til TT V/VkJ Game The Among the topics dealt are 6.45 Religious Programme. 5.30pm, 3.25 am:
      700 words
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  • THE ARTS
    • Article, Illustration
      Mature motion, sound and expression
      715 17  -  P Y Van reviews last Friday's Singapore Symphony Orchestra concert P Y Van GYORGY Sandor's book On Piano Playing is subtitled Motion, Sound and Expression. Uncertain motion, unexpected sound and expression followed the Friday night audience as they picked their way through the roadworks to
      715 words
    • Article, Illustration
      Lock icon Strong shades of Rembrandt seen in Picasso's work
      539 17  -  Galina Vromen reports on an ongoing exhibition in Amsterdam which suggests startling conjectures Galina Vromen Reuter AT first glance, two artists could hardly seem further apart than Picasso and Rembrandt. But an exhibition in Amsterdam shows how the 20thcentury Spanish cubist was
      Reuter  -  539 words
  • Page 17 Advertisements
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      212 17 AND ENTERTAIN j Set Your Heart On Our Set Meals. lunch 1 MtfETfllEl 2JOPM. 5K> SC.♦ 1 !3CWi fSi m PER PERSON DINNER b 30PM TO > Jri io.jopm I ,4r| PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday,
      212 words
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      Page 17 Advertisements Column 2
      101 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
      101 words
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      Page 17 Advertisements Column 3
      75 17 For Lunch °niy I Roasted Peking Duck I I Offer till 31-5-9Q I I "ii" Set Menu 4. Steamed Duck Soup I I 1 Roasted Peking Duck with Vegetable I 2 Maple Leaf Special 5. Steamed Rice in I »=?fc7 Bean Curd Bamboo Tubes I JBfl 3 Shredded Duck with
      75 words
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      Page 17 Advertisements Column 4
      271 17 ll «l TRADITIONAL I CANTONESE I I CUISINE BEST HONG KONG IL DIAN XIN IN TOWN II OW*CH»IAWT*I»AHr 1 J WMUiUtoouiCoumraM I 1L V J > 6M*IWAG*nNSWCAK*SOIOI Ft* Rhwvatbmi Plea» Call *****11. r TIEN COURT if SCMUAN CUISINE f»a For a Wealth of Exotic Sichuan Delights! Whether it's our mouth-watering
      271 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market set to advance after consolidation
      4888 18  -  By William Chia THE Singapore stock market saw the emergence of profit-taking and some consolidation in the second half of last week but this was considered a healthy sign by most market analysts. The market is likely to continue its upward trend on a
      4,888 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3900 19 Main Board Semb Maritime 414 +62 +17.6% Singmarine 50* 520 60 +13.0% DBS 1350 +50 +3.8% Nat Iron 995 +50 +5.3% i UOB Foreign 790 f40 +5.3% GB Hldgs 10* 324 +38 +13.3% •FAN 975 +35 +3.7% Shangri-La 840 33 +4.1% SIA 200 1380 30
    3,900 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Bush's decision on China's trading status lifts HK stocks
      1367 20 By DBS Securities SHARE PRICES in Hongkong rose in active trading last week, buoyed by Washington's renewal of most-favoured-nation (MFN) trading status for China, with the Hang Seng Index gaining 133.61 points, or 4.6 per cent, to close at 3,059.50. Average
      By DBS Securities  -  1,367 words
    • Article
      Lock icon Dow begins with a roar, ends with a whimper
      397 20 HEW AFP WALL STREETS week began with a roar and three record-setting sessions but ended with a whimper on resumption of inflation fears. Despite starting the week with three record high closes, the Dow Jones Industrial Average managed to advance just
      AFP  -  397 words
    • Article
      Lock icon Yen's rise boosts stocks for fourth consecutive week
      524 20 AFP SHARE PRICES advanced four weeks in a row on the Tokyo Stock Exchange last week, supported by the yen's continued rise against the dollar and lower bond yields. The Nikkei Stock Average of 225 blue chips closed the week at 32,793.88
      AFP  -  524 words
    • Article
      When the watchdogs turn out to be Keystone Kops
      818 20  -  pNDtfi By Ray Heath INVESTING in the UK stock market is a riskier business than it appears. Not only do buyers of shares have to worry about the overall performance of the market, but they find themselves sadly undefended should the
      818 words
    • Article
      Lock icon Foreign buying helps market to post modest gains
      180 20 JAKARTA AFP FOREIGN investors dominated trading in block sales and on the regular market of the Jakarta Stock Exchange (JSE) last week as prices moved ahead slightly. The JSE Index closed at -647.366, up from the previous week's finish of 646.283. The
      AFP  -  180 words
    • Article
      Lock icon Recovery erases Monday's steep fall
      249 20 AFP RISES on Wall Street and a government move to block the ANZ Banking Group Ltd's merger with National Mutual counteracted earlier pessimism and Australian stocks ended the week steady, brokers said. The main market indicator, the All Ordinaries Index, rose 1.6 points to 1,479.7.
      AFP  -  249 words
  • Page 20 Advertisements
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      465 20 D Keppel Corporation Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT UNCONDITIONAL CASH OFFERS ("OFFERS") BY SCHRODER INTERNATIONAL MERCHANT BANKERS LIMITED ON BEHALF OF KEPPEL CORPORATION LIMITED ("KCL") FOR SHARES ("OFFER SHARES") AND CONVERTIBLE UNSECURED LOAN STOCK 1987/2012 ("OFFER CLS") OF ASIA COMMERCIAL BANK LIMITED ("ACB") On behalf of KCL,
      465 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Buyers return in force to cushion profit-taking
      3917 21 MBT THE RETURN of buying interest took the Kuala Lumpur stock market to higher ground last week, absorbing well the fairly widespread profit-taking on three sessions out of five. The New Straits Times Industrial Index firmed 43.11 points to 3,051.13 compared to an
      MBT  -  3,917 words
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  • WORLD STOCK MARKETS
    • Dow in biggest drop since mid-February
      • Article, Illustration
        NEW YORK
        1186 22 HEAVY LOSSES in technology stocks sent US blue chips stumbling to a sharply lower finish in very light preholiday trading on Friday. Adobe Systems Inc's lowered second quarter earnings projection triggered a sell-off in technology issues almost across the board. "Adobe tilted the market downward with the surprise
        1,186 words
      • Article
        AMSTERDAM
        277 22 DUTCH SHARES closed firmer in quiet trade with many dealers taking the Friday off after Ascension Day holiday. "A typical in-between-day with low turnover in a market where no clear directions could be noted," a dealer said. The CBS all-share index ended 0.3 points up at 119.4. Most actively
        277 words
      • Article
        MILAN
        184 22 ITALIAN SHARES ended the week on a firm note, with Montedison leading a general rise on Friday which took in most sectors. But Fiat was sidelined. Brokers said interest in Montedison, which included some foreign buying, had been sparked by renewed hopes a settlement may be in sight in
        184 words
      • Article, Illustration
        LONDON
        789 22 SHARES finished mostly lower on London's Stock Exchange on Friday after mostly sluggish trading before a long holiday weekend. Today is a bank holiday in Britain. The Financial Times- Stock Exchange 100-share index finished down 11.5 points, or 0.5 per cent, at 2,265.6, slightly below its session best of
        789 words
      • Article
        FRANKFURT
        313 22 GERMAN SHARE prices drifted lower in extremely thin trade on Friday as many market participants extended Thursday's Ascension Day holiday into a long weekend. Dealers said much of Friday's decline was technical, with the market giving back some of the gains recorded on Wednesday. They also said the market
        313 words
      • Article
        BRUSSELS
        130 22 THE BELGIAN share market was closed on Friday for the Ascension holiday. On Wednesday, the market ended firm in followthrough buying after the Belgian government's decision to link the value of the franc closely to the deutschemark. The main forward share market index closed up 26 points Wednesday to
        130 words
      • Article
        JOHANNESBURG
        378 22 JOHANNESBURG gold shares closed narrowly mixed on Friday after tentative early gains as traders nervously watched the bullion price for any further signs of weakness after Wednesday's heavy Middle East sell-off. The gold price has recovered partially to around US$367, but market confidence has been severely shaken by the
        378 words
      • Article
        PARIS
        196 22 FRENCH SHARE prices ended lower on Friday, discouraged by a slide on Wall Street, in very quiet trade ahead of! holiday weekends in both France and Britain. The CAC-40 index ended 1 points down at 2,111.90 after starting a" touch higher. The broader CAC Gener-; al index, calculated on
        196 words
      • Article
        TORONTO
        178 22 TORONTO STOCKS closed off across the board on Friday after Wall Street stocks were hit by steep losses in US technology shares. Trade was dull and quiet as portfolio managers covered their short positions. The composite index fell 15.88 to 3,494.69 on volume of 15.25 million shares. Toronto May
        178 words
      • Article
        ZURICH
        248 22 ZURICH SHARE prices ended mixed below the day's high on Friday. Profit taking and an easier Frankfurt close and Wall Street opening weighed on the market. The SMI index of leading 1 shares closed at 1,731.7, down 0.6 points from Wednesday's pre-holiday close while the SPI all-share index rose
        248 words
      • Article
        Untitled
        128 22 May 25 CIoh Previous MEW YORK Dow Jones 2,820.92 2,855.55 -34.63 NYSE Financial 145 83 146.73 -0.90 SAP 500 354 58 358 41 -3.83 Turnover (million) 122.00 153.04 -31.04 LONDON Financial Times 30 1,800.0 1,805.2 -5.2 FTSE 100 2,265.6 2,277.1 -11.5 Turnover (million) 385.6 420.3 -34.7 AMSTERDAM CBS General NA
        128 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon US dollar reverses two-week fall
      440 23 IWEEKLY ROUND-UP AFTER A sharp decline during the two earlier weeks, the dollar ended the week firmer against the mark but softened against the yen when the US Treasury under-secretary Mr David Mulford said that the US would welcome a lower dollar against the yen.
      Chart by TeleTrac  -  440 words
    • Article
      Yen leads Asia's rise against dollar
      551 23 ASIAN CURRENCIES MOST ASIAN currencies made marginal gains against the US dollar during the week, led by the Japanese yen which rose almost 2 per cent on the week, buoyed by selling pfessure on the West German mark. Japanese yen: The yen continued to
      551 words
    • Article
      INTERBANK FOREX RATES
      394 23 Cross rates May 26 USS S$ MS Dm Yen SFr AS NZS USS 1.8475 2.6965 1.6828 149.30 0.5915 1.4235 1.3017 1.7437 SS 0.5413 1.4595 0.9109 0.8081 0.3202 0.7705 0.7046 0.9438 MS 0.3709 68.51 0.6241 0.5537 0.2194 0.5279 0.4828 0.6466 Dm 0.5942 1.0979 1.6024 88.72 0.3515 0.8459 0.7736
      394 words
    • Article
      MONEY MARKET
      558 23 Interbank rates S$ Bid Offer Overnight 4 1/2 5 1-month 7 5/8 7 3/4 2-month 7 5/8 7 3/4 3-month 7 5/8 7 3/4 Overnight mode: 6-3/8 USS High Iaw 7 days 8 1/8 8~I7I 1 month 8 3/16 8 3/16 2 months 8 5/16 8 1/4 3
      558 words
    • Article, Illustration
      Lock icon No cut in rates unless inflation eases: Major
      373 23 Reuter BRITISH CHANCELLOR John Major has ruled out a cut in British interest rates until there was more evidence that inflation was easing. Tight monetary policy, with bank base rates at IS per cent since October, was already forcing inflation down according
      Reuter  -  373 words
    • Article
      Lock icon Lira likely to stay strong
      329 23 Reuter THE ITALIAN central bank's hopes of quickly dousing international demand for the lira by cutting its lending rate have been dashed, and analysts see the currency continuing to cause problems within the European Monetary System (EMS). Since the Bank of Italy dropped its discount
      Reuter  -  329 words
    • Article
      Gold finds support at US$360
      332 23 GOLD FINANCIAL FUTURES REPORT SPOT GOLD'S vulnerability to large physical sales was exposed again last Wednesday by a huge bullion offering made by the National Commercial Bank of Jeddah supposedly acting on behalf of the Central Bank of Saudi Arabia. The sale was unveiled during
      332 words
    • Article
      FINANCIAL FUTURES
      292 23 COMEX May 23 COLD FUTURES(100 oz) USS/oz Open High Low Settle Change y Z Z 368 20 T70 Jun 367.50 369.10 367.10 368.40 +1.50 Jul 370.50 +1.60 Aug 371.70 373.50 371.50 373.00 +1.70 Oct 377.40 377.80 376.40 377.80 +1.70 Dec ***** 383.00 ***** 382.50 +180 Feb 91 385.40
      292 words
    • Article
      PRIME LENDING RATES
      388 23 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam K'terdam Bank 8 Arab Banking Corp 8 7V« 7 ANZ Banking Group 8 IV* Banca Commerciale 7*. 8 Bangkok Bank 7*. IV, Bank Negara Indo 7Vj 7% 6V« Bank of Communications 7V. Bank
      388 words
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  • COMMODITIES
    • Article
      Lock icon Malaysian palm oil industry urged to unite
      436 24 Bernama MALAYSIAN palm oil refiners and producers should work in harmony and become a united force to tackle the problem of price discounts of the commodity in the world market, the senior executive director of United Plantations Bhd, Datuk Sen Bek Nielsen said.
      Bernama  -  436 words
    • Article
      Lock icon Drought fears boost prices of cocoa futures
      280 24 Reuter COCOA FUTURES soared to near two-year highs reflecting concern over the return of dry weather in key growing areas of West Africa and a strike by Ivory Coast customs officials, analysts and dealers said. An overnight private weather forecast on Friday talked
      Reuter  -  280 words
    • Article
      Mid-East sell order sends gold prices reeling
      876 24 WEEKLY ROUND-UP GOLD PRICES underwent a violent markdown last week, as a big Middle East sell order hit the market, pushing it down to its lowest level for seven months. The market recovered some of the losses later in the week, but sentiment
      876 words
  • Article
    PRICES
    1081 24 Rubber MtjWIihjlg Scents/kg Int 1 RSS April Close May 21 159.75 May 22 159.00 May 23 158.75 May 24 158.75 May 25 159.25 KWEL1 (fcfc In M cents/kg Int I RSS April Close May 21 230.00 May 22 230.00 May 23 230.50 May 24 231.00 May 25 231.50 LflMDON
    1,081 words
  • Page 24 Advertisements
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      709 24 NOTICES CHANGE OF COMPANY NAME WEF 7 MARCH 1990 TOYO TRAVEL SERVICE PTE LTD IS KNOWN AS SUNTEC HOLIDAY PTE LTD OUR ADDRESS, TELEPHONE AND FAX NUMBERS REMAIN UNCHANGED AT: 1, PARK ROAD, #03-43 A, PEOPLE S PARK COMPLEX SINGAPORE 0105 10 TEL: *****95/6. FAX: *****78 IN THE MATTES OP
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      382 24 la the Matter The Cempaates Act, Cay. M aai TBILESTABI MAS PTE LTD (la Menken' Vataatarily UqaMatfea) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 0001 Beach Road #12-02 Golden Mile Tower, Singapore 0710 on Wednesday, 23rd May 1990 at 10.00 a.m. the following
      382 words
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      Page 24 Advertisements Column 3
      5 24 The Straits Times Classified Where
      5 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1039 25 Ctty FlgM ETA FHW ET» i QF81 1840 SQ225 2215 SQ228 1915 0—— RJ182 1445 RJ183 2320 nmlitlMi KL842 2035 GA893 1045 KL841 1055 SQ23 1200 2 nwrlilini TE25 1800 TE28 1920 j. SQ388 2025 Uri Bt421 1100 SQ182 0915 IMWI SQ181 1410 BM22 1205 B4429
      1,039 words
    • Article, Illustration
      Out in the wild green yonder
      528 25 LETTER FROM INDIA jy Mr ,W Jw aWr TO MOST people, the word "jungle" conjures up images of dense, lush tropical forest with torrential rainfall, huge trees festooned with creepers and infested with dangerous animals, snakes and insects. But in its Sanskrit origins, the
      528 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollar* to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4110 1.430 Canadian dollar I.S42 1.562 NZ dollar 1.048 1.088 Sterling pound 3.110 3.140 US dollar 1.8450 1.8550 Local dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      80 25 Duration Title Venue Organiser Td Duration Title Venue Otgaker Td Jun 1-4 International Italy E.A Fieri (39)2/***** Jun 7-13 International Fair West Dusseldorfer (49)211/4560 Exhibition Internationale for Packaging Germany MeaaegaeUof Gift Aiti Milano Machinery, schaft mbH cles. Fancy Packaging Nowea Goods Itemi Materials Confectionery Jun 4-8 International
      80 words
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      38 25 r »l^ USA r. <»i I IK Ku»iin <> p(.*M»riN vh"Kt c\cr\ luotl.n. lliurMl.n "»Hur li\ iiniVimi.n. 1.. nnv;< 'port it h«»«ir» lrni irrtxinu it -I ,!i'U unt m m 'Ik I s 'In •■•Hi'* :nu .In 00 AirCanada
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      Page 25 Advertisements Column 2
      649 25 A OIL&MONEY (J 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 08.30 OPENING KEYNOTE ADDRESS 08 30 A E [^i^ P of H.E. G. Aghazadeh, Minister of Petroleum, Iran Hanson k 09 ,5
      649 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      318 25 I Dyer knows it is proof against at speed (8) 5 Earthenware pots needing t A terrorist's minute weap- ■■l 10 Artist dining out may call for it if he wants... (6) I I j 12 wine with first-class ]H| jHT meals but not port (9) 13 We've said how
      318 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      210 25 Singapore Outlook: Showers over several areas ia the morning. Report Max temp. 33.2* C Assoc humidity 67% Min temp 26.3* C Assoc humidity 95% Hrs of sunshine 4.95 Rainfall in mm 0.2 Rainfall this mth 175.2 Rainy days this mth 10 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/12 Windy Bangkok
      210 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      38 25 I :rrrerv (J*>OSy 9) £eP\LLy. J (OvjST Dictating uhlcss THese —i/ >( KKC RecedeD FORTH UMTH 1 V u legal Pt?oCeeD«MGS uill. i e>e iNSTiruTeD Besucr*>G A r®> IS- A -W—(S\- £ygL_^_ u C tVCMWO «TAHOA*C CO. LTD_ IM3-IW.
      38 words
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  • Article
    Europe takes top spot as S'pore's investment source
    445 26  -  From Margaret Thomas in LONDON EUROPE last year overtook Japan and the US as a source of foreign investments for Singapore. In both 1987 and 1988, Europe accounted for around 17 per cent of total manufacturing investment commitments. Last year, it accounted
    445 words
  • Article
    PM Lee: Goh's participative style is good politics
    655 26 IT IS "good politics" for Mr Goh Chok Tong to want a more participative style of government and let Singaporeans feel they have a say in the running of Singapore, says PM Lee Kuan Yew. In an interview broadcast by the BBC
    655 words
  • Article, Illustration
    US team clinches dragon boat race in close finish
    52 26 A US TEAM from San Diego won the World Invitational Dragon Boat Race yesterday, beating a Thai crew by one-half second before 6,000 spectators at Marina Bay. China finished third in the 700 m race while Indonesia, last year's winner, took
    52 words
  • Article
    Lock icon Opposition party wins first seats in Myanmar polls
    208 26 AFP THE PARTY of opposition leader Aung San Suu Kyi, who is under house arrest, yesterday won the first seats in Myanmar's general elections and seemed on the way to sweeping Rangoon. Unofficial results show the first seat was won by Kyi
    AFP  -  208 words
  • Article
    Lock icon GSP privileges helps KL protect economy
    121 26 Bernama MALAYSIA needs trade privileges accorded under the US's Generalised System of Preferences (GSP) to protect its growing economy, Primary Industries Minister Datuk Sen Dr Lim Keng Yaik said in Ipoh yesterday. As a developing country, Malaysia still requires such privileges to protect its
    Bernama  -  121 words
  • Article
    Lock icon Call for national rail strike in Poland
    147 26 Reuter STRIKE LEADERS in Poland stepped up their challenge to the Solidarity-led government yesterday, issuing calls for national rail stoppages that cast a pall over the country's first fully free elections in more than 50 years. Sharply escalating the eight-day-old conflict over railway
    Reuter  -  147 words
  • Article
    Lock icon Moscow against Nato calling the shots on European security
    325 26 Agencies THE SOVIET UNION will never agree to allow the North Atlantic Treaty Organisation to play the leading role in building a new European security order, Soviet President Mikhail Gorbachev says in an interview to be published by Time magazine. He
    Agencies  -  325 words
  • Page 26 Advertisements
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      62 26 CHARTPOINT Every Saturday in Business Times YOUR PRIVATE JET ANYTIME, ANYWHERE... AEROLEASJNG FAR EAST v i' T a^jl PenTkaneOC€ <OUr I——— 1111 1 CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can also arrange for Trading, Leasing and Management of business jets. 20 Kramat Lane
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      3 26 Analysis, Pg 10
      3 words
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      Page 26 Advertisements Column 3
      137 26 CHARTPOINT Every Saturday in Business Times Dauphin Sitzkultur Your rackrone is where you feel YOUR COMPANY'S ATTITUDES. Dauphin, one of West Germany's leading office chair manufacturers, has intensively studied the special requirements and activities widely varied fields of work. The result: SyncroLine a programme featuring chairs developed on the the
      137 words
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  • Shipping Times
    • Article, Illustration
      NYK teams up with Hyundai in US trade
      402 27  -  By Rahita Elias JAPANESE SHIPPING giant Nippon Yusen Kaisha (NYK) has joined forces with South Korean carrier Hyundai Merchant Marine in the US trade following NYK's break with Mitsui OSK Lines. The new joint service to Far East/Pacific North West (PNW) ports
      402 words
    • Article
      Thai govt urged to enact law in marine transport
      269 27 THE THAI government should enact a marine transport law and offer more incentives to promote marine and life insurance businesses, says the private sector. Private business associations have sent proposals to the Thai Board of Trade (BoT). The Bangkok Shipowners and
      269 words
    • Article
      Ekachai Container invests 100m baht in new terminal
      297 27 THAILAND'S Ekachai Container Terminal (ECT) has invested in a new 100 million baht off-dock terminal on 52 rai of land in Samut Sakhon to attract customers from the South. It has also urged the government to support the formation of an off-dock
      297 words
    • Article
      Lock icon Sea-Land enters cooperative pacts with Soviet Union
      187 27 Reuter SEA-LAND Service, a unit of US-based CSX Corp, has entered a series of cooperative agreements with transportation authorities in the Soviet Union. The company did not discuss terms but said currency convertibility should not be a problem, as service barter opportunities will
      Reuter  -  187 words
    • Article
      SCICI diversifying into shipping-related businesses
      208 27 THE Shipping Credit and Investment Co of India (SCICI), is diversifying its portfolio into shipping-relat-ed businesses. After assisting a project for oil exploration and production, it is now trying to induce the private sector into large-scale fishing. The Managing Director of SCICI, Mr N C
      208 words
    • Article
      NYK to call at Jebel Ali port next month
      235 27 NIPPON Yusen Kaisha (NYK) Line is set to expand its operations in the MiddleEast next month with a scheduled call at Jebel Ali port in Dubai, United Arab Emirates. A container ship, part of the Oasis Container Consortium of which NYK
      235 words
    • Article
      Lufthansa plans daily flights to major Asian cities
      338 27  -  By Sangeeta Mulchand WEST GERMAN airline Lufthansa is gearing to grab a larger slice of the regional travel pie, with plans for daily flights to all major Asian cities by 1993. Topping the list of priority markets are Singapore, Bangkok, Manila and
      338 words
    • Article
      Lock icon New services to China
      115 27 Reuter NIPPON Express is starting two regular weekly shipping services to China next month, together with that country's state-owned firm Sinotrans. The routes will be BeijingTokyo, taking about 14 days, and Shanghai-Kobe, taking about seven days, with each company responsible for transport of the goods in
      Reuter  -  115 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        MOL sees slightly higher net profit
        86 28 MITSUI OSK Lines Ltd said it sees parent net profit rising slightly to five billion yen in the year to March 31, 1991 from 4.92 billion yen in 1989/90. Current profit is forecast at 16 billion yen, up from 15.51 billion in 1989/90, on
        86 words
      • Article
        Group to study UK shipping
        97 28 THE General Council of British Shipping (GCBS) and the UK government are to set up a working party to identify measures to improve the competitiveness of British shipping, new GCBS president Sir Jeffrey Sterling, said. The terms of reference for the working party, were outlined
        97 words
      • Article
        Controllers strike
        69 28 AIR traffic controllers at Rome's main airport have called for five days of strikes, the last one scheduled just two days before the World Cup soccer competition begins. The controllers' union announced the strikes for Saturday, Sunday and June 4-6 for Leonardo da Vinci Airport. A strike would
        69 words
      • Article
        AMR to begin expansion soon
        117 28 AMR Corp's American Airlines said it will begin its expansion into Central and South America on July 1 from its new hub at Miami and plans to have its entire route network in place by Aug 15. American said it will start the expansion with
        117 words
      • Article
        Greek captain charged
        70 28 A GREEK captain has been arrested for allegedly running a ship aground to collect insurance money, and endangering the environment. Matrancas Panagiotis was arrested on Wednesday and is being held without bail in Mangaratiba, 105 km south of Rio de Janeiro. Panagiotis was being charged with placing
        70 words
      • Article
        West Coast settles fine
        57 28 ALASKA state officials said that West Coast Shipping Co, a subsidiary of Unocal Corp, has agreed to pay a U*****,000 fine for failing to have a state-approved oil spill response plan for a tanker that carried crude oil from Prince William Sound to Cook Inlet. The
        57 words
    • Article, Illustration
      Lock icon Here comes Mr Air Cargo
      920 28  -  Ang Thian Chin has doubts about making the transition from a physicist to a senior air cargo executive. That was more than a decade ago. Mr Ang is now well known in the industry as a promoter of Singapore as an airfreight centre. Hugh McAtear
      Payload Asia  -  920 words
    • Article
      COCKETT BUNKER MARKET REPORT
      835 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      835 words
    • Article
      THE SHIPPING GUIDE
      13008 36 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
      13,008 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        520 43 toss* Voy No Bertti km* Departi*e Vessel Voy No Berth Arrival Departure MfP« wiirvw Artte Queen 1 K30 alongside 28.05/1200 Bub Utah 22W8 K18 alongside 27 05/2300 Cosmo Oc 4 K33 alongside 27 05/0600 Kota Alam E«3 K32 alongside 2905/1500 Kota Berkat 24/90 K31 alongside 28 05/1200
        520 words
      • Article
        CONTAINER SCHEDULE
        1770 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Transtarar Sdwdto Mp Voy No Ait Date Tkno From To Booki* 6ate A Op G* 9i MkrgaC 48 28.05.90 2200 28/1200 28/1259 Tlx/Fa* 2 N4 00 F05 0! 28/1300 28/1359 Th/Fax 2 Q4 AJ Watba 52A 30.05.90 0700 28/1100 28/1159
        1,770 words
      • Article
        IN MALAYSIAN PORTS
        245 43 Port King South Port Petro Niaga berth 1; Bangkhunprom berth 3; Thai Ho No 1 berth 7; Swee Long Satu berth 7A. KCT: Nil North Port: Ivan Vazov berth 11; Bangtuang berth 12; Pskov berth 13; Dade berth 14; Tai Bao berth 16; Southern Cross berth 17;
        245 words
    • Article
      DAILY FREIGHTS
      918 43 THE ASCENSION DAY holiday in much of Europe and the forthcoming holiday in the UK contributed to a quiet freight market on Thursday, where interest again focused on trans-Atlantic routes. "Basically there's a continuing oversupply situation in the Atlantic and rates, even on time-charters, aren't being helped by
      918 words
    • Article
      Lock icon US reviews bans on E European shipping
      488 44 AP US AUTHORITIES are reconsidering harshly restrictive rules on Soviet and East European ships and crewmembers from those countries on other vessels. The rules ban East Bloc ships from 12 US ports, and require those countries' crewmembers on other ships docking at the
      AP  -  488 words
    • Article
      Indian airspace plan gets US grant
      221 44  -  From Julie Chatterjee IN BOMBAY THE US GOVERNMENT has offered a US$9 million grant to India to implement the national airspace system plan, as part of the country's trade development programme. This was announced by the US Federal Aviation Administration's (FAA) director of Europe,
      221 words
    • Article
      Lock icon Mitsubishi earnings up 12.1pc
      124 44 AFP MITSUBISHI Heavy Industries Ltd, Japan's biggest heavy-machinery concern, said on Friday that its net profit grew 12.1 per cent from a year earlier to 55.2 billion yen in the year to March. The company which ranks number one in shipbuilding, power plants, aircraft and arms
      AFP  -  124 words
    • Article
      Thyssen, Haniel to merge transport
      127 44 THYSSEN Handelsunion AG, a fully-owned unit of steel and engineering group Thyssen AG, and Franz Haniel Cie GmbH of Duisburg, West Germany, are merging their transport businesses, a West German national daily newspaper said. The merger would result in one of the world's largest transport
      127 words
    • Article
      Lock icon IHI expects higher parent profit
      222 44 Reuter ISHIKAWAJIMA-HARIMA Heavy Industries Co Ltd (IHI) forecast parent company net profit of 1S billion yen in the year to March 31, 1991, up from 12.14 billion a year earlier. The heavy machinery and shipbuilding company's statement also forecast parent current profit of 30 billion
      Reuter  -  222 words
    • Article, Illustration
      Lock icon Delta Air sees good year despite weak start
      419 44 Reuter DELTA Air Lines chairman Ronald Allen said 1990 would be a good year for his Atlanta-based airline in spite of a weak start. "This quarter was a little soft we were pleased to make money but we feel 1990's going to
      Reuter  -  419 words
  • Page 27 Advertisements
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      241 27 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING VESSEL/VOG SIN MAA CCU LEUVE 9125 07/6 12/6 J VESTA 04N90 07/6 14/6 CALL: 224 6071 SEE PAGE 13 COLUMN 4 mSIPm, SYARIKAT RTNZ WWW SDN. BHD. Mmmm a joint venture of the integrated group AND THE MITSUI-SOKO GROUP Bonded Transportation Services between Singapore and
      241 words
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      Page 27 Advertisements Column 2
      28 27 Cockctt bunker report 2 Contaner Schedule 17 My 17 Ma to Adwrtoen 3 Show GukM 10.11 Ship m Part 17 Sinpport Tria 17 Weether and Sea Comttwa 17
      28 words
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      151 28 You travel often on business and The wrek's main For other reasons, said in your subscription now. 1 Please send name: Mame: Address: Address: Occupation: Occupation: J e Tlx/Fax: T e Tlx/Fax: wan, to subscribe for months at S/US» AIRMAIL SUBSCRimOH HATES: I enclose: U S4cheque/money order courmuts* I2mths 6mths
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      1833 29 i zn 200 CantoMMnt Road #1246 Souttipomt. Sinppor* 0208 WmWtW T- *****11 TELEX NO *S ***** jflJUjllß TERMINAL/CFS T* *****11 220 1 Kw3 BOOKINGS Td *****34 235 PESAKA JARDINE DIPPING agencies SON. BHD TORTKECANGTEL 36l411«TELMNO n M^MM«OI PfNANG TEL *****4 TELEX NO MA***** CFS TEL *****6 D(!qicatl!cj K) Stwic*'- P
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      Page 29 Advertisements Column 2
      1201 29 INDEX T^ggERS Pa«e Col Par Col I a I I M ZD ABCCootaineriine 13 5 M*c-Ndi Atencies 14 1/2 Accord Shpg 8 J-5 Albatros Sea-Air 14 5 Madju Sdn Bhd 16 1/2 Alfred C Toepfer 15 5 •MaerskUne 3 4/5 Ahrcnkid Liner 16 5 Mainfreight 15 4 APC Line 14
      1,201 words
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      Page 29 Advertisements Column 3
      2217 29 VMM* Vo* ETA I rro 'Panang DESTINATIONS This «»«> Laura M Ctaatng Tlma Faadar by VQV mi o*oo MRS M Faroo s HI CF« -nn itoo MBS M Taura OAK LQB MOU MEM ATt MIA CHS BAL PHL NYC MOW TO« LAURA M 9006 ?9/5 3CVS "Sd fiw 1U 21*
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      1143 30 ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS 93/562 31/5 26/6 19/6 22/6 1M 25/« STAR LORRAINE 01/566 6/6 1/7 5/7 3/7 HAMBURG EXPRESS 96/565 7/6 2/7 26/6 29/6 25/6 1/7 ALASKA MARU 11/569 8/6 27/6 29/6 1/7 2/7 4/7 KOWLOON BAY 95/568
      1,143 words
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      Page 30 Advertisements Column 2
      505 30 SOUTH PACIFIC SERVICE SIN POM SUV PPT ISLA FLOREANA 4/6 11/6 21/6 28/6 DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 4/6 11/7 15/7 12/7 Also accepting Cargo to Callao (Peru) via Valpa Aamntm C?r&Kl/ZKWTI SINGAPORE: *****56 MOWKS. BOOKINGS: *****08 VS- JAYA: 03-*****28 JOHORE: 07 *****2 NORTHBOUND TO UKC
      505 words
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      1434 30 I E3 un ■HfciflH REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LMA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PEARL 9013-3 01/06 05/06 23/06 25)06 27/06 29/06 30/06 01/07 02/07 03/07 NORASIA PRINCESS 9014-3 09/06 1306 30« 02/0 7
      1,434 words
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      1581 31 sSggSteamers Maritime Holdings Ltd) W ,I> P&O tKTJMSTRAITS SHIPPING! ■KM t: limn ts BtwmL East Malaysia. I Containers Vey No PKlan| S par* S'ton H'hurf B'havenß'dan Leh ACCEPTS DUE SAILS II TOKIO EXPRESS »s*i *ALAa/5 31,« n,«U« 21/01 11/« M/» I S. LMRAINf Ol Stt 4-SMCLITA OMOMS 01/07 OS/W <007
      1,581 words
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      Page 31 Advertisements Column 2
      1438 31 TO: EMRQPE TO: FAR EAST HANJIN OAKLAND OUW jjT hx*" CHnriNr. umw m, ST?* 1 5L ROB BU CHOVANC SUCCESS 009* 16 6 4/7 5/7 W7 SASjuTimISSPJ? 1* 4/1 7 HANJIN HAMBURG 001W 23* 11/7 12/7 13/7 IV? Jff J I& 112 14/1 HANJIN ROTTERDAM 00* »6 11/7 I*7 20/7
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      24 31 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 14/6 KARACHI AgM MEOHM N.T.Y. KMWWBDIOO. PTE) LID. Tat 2MB Ttc R9 ***** Fat ZBKM
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      417 31 I SINGAPORE CALCUTTA I I SINGAPORE MONGLA I I SINGAPORE CHITTAGONG I I CONVENTIONAL SERVICE I I EASTERN CAR LINER LTD IS PLEASED TO I ■ANNOUNCE THE LAUNCHING OF OUR NEW I IAND DEDICATED CONVENTIONAL SERVICE I I TO CALCUTTA AND CHITTAGONG j I M.V. ASIAN STAR V.No. 113 I
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      602 32 yzmm l DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA UOYD P.T. 6ESURI LLOYD P.T. SAWIDEM INDONESIA e P.T. THIKORA LLOYD CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY SPORE R'DAM/ H'BURG BREMEN ANTWERP ADAM BAAS UILAH/22W8 IN PORT »/S J/7 27/J 1/7 L.J. BONTANMIWB W 1£ 2/» 10-13(7 W JJ/»
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      Page 32 Advertisements Column 2
      791 32 16ft HANJIN SHIPPINGI FULL CONTAINER SERVICE I t I -u.» r D M hur» B haven F»tow« FEEDER VSL SIN LINE HAUL LAX OAK mamiin niKi and mtw 71* nt *6 CHOYANC SUCCESS 00K 2M H CHDU 061E 2M 24* «strflS* 4 7 ll Cl \> W HANJIN TONC HAE
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      Page 32 Advertisements Column 3
      1531 32 -I f 1 -J T pJ P. SCP HKG KSC KLC PUS NKI OjK TTO 111 UN M» FU NOG SGP I t art 30ft m vi MimmtmiHiiow 24/7 2*7 27/7 im 10 M 1M 1W 1» 1M M M !3fl W 2* M 4/1 I/O 2*o" t u* 12/*
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      1415 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 J M AUST/INDIA/PAK SERVICE *****18 *****16 FAR EAST SERVICE *****48 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 NEPLINE SDN BHD MALAYSIA EXPORT: *****53/*****04 K.L.-*****33, P.Kelang *****87, Penang-*****0, J.Bahru-*****3, *****4 UHmTYSL/YOY PEN PKG SGP MOTH
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      Page 33 Advertisements Column 2
      440 33 Specam N w KEELUNG Tel: *****55 V 3/6) V\\KAOHSIU((6 FOR BOOKINGS 1 f TEL: *****17 Tf) >y\/ Specargo's Own V\ u/ Operated \S\ s V\\ Warehouse at .A) FTZ NWOREx^ 7 Warehouse Tel: *****50 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE
      440 words
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      Page 33 Advertisements Column 3
      1195 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) 1 DISCHARGING FROM EASTBOUNO LOADING FOR WESTBOUND VESSELS VOTACE |SW«t IMANILA MKOWc" ¥OYAg SWWE HOAHC HHJKC IHA VEN TIHUKT HQTT T KISEIEV
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      1083 34 N. AMERICA-ATLANTIC COAST [QQEB33L VOY *INDO 'PKPNC [sGP IB CHLS NFK NYC HFX 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 12/6 14/6 7/7 17/7 19/7 21/7 25/7 OOCL FAITH 20 18/6
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      Page 34 Advertisements Column 2
      638 34 IETD SIN (t DAY) WY) (1 DAY) CATHERINE 01/06/90 1* PORT KELANG PENANG BANGKOK JACQUELINE hA TWICE/WKLY BOOKING CONTACT w ETD SIN (3 DAYS) (2 DAYS) (1 DAY) pl/05/90 KONG KAOHSIUNG KEELUNG JOYCE/JUDY 111 TWICE/WKLY ICTIS gIU r\»wei I booking CONTACT I w 31/05/90 BUSAN MANILA NAGOYA SERENE/SITI TWICE/WKLY ITfD-SiN
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      Page 34 Advertisements Column 3
      388 34 Continental Pacific Shipping r TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR ARBELA Sid In Pt 31/5 SETE.RDK/ANTTLU/UK NARYLI 31/5 3/S ROM/ANT/FLU/UK CRYSTAL B tit SETE, RDM/ANT/FLU/UK Loads Sabah/lndontsia MULTIPORT AGENCIES (S) ®PTE. LTD. TEL: *****77 FAX: *****31 P.K. MULTIPORT SON BHO. TEL: 3M2M9 TLX: MA *****
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      Page 34 Advertisements Column 4
      619 34 GOLDEN LINE GUAN GUAN SHIPPING < pte > LTD a, Telok Aver Street SINGAPORE 0104 1 TEL *****8 (10 LINES) Fax: *****04 (CR No **********0W) STRAITS/PERSIAN GULF SERVICE Spore P. Ketone Penanc GOLDEN HARVEST Cotonbo/Kandk/Oub* 10/12 Juno GOLDEN WONDER CotomtxxKarach«/Du6a. 24/24 Jum agCA BBVltt YU 04NG HumipuOwu 15,16 June MING
      619 words
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      Page 35 Advertisements Column 1
      1478 35 gaaaPff pacific international lines (PTE) ltd M MHH P'L Building, 140 Cecil Street #0300, Singapore 0106. DJAKARTA I I ED« L »Ts T. VESSEL VOY SIN BKK SIN DCLTA MAS IS7S V* S/• 10/. PK) R 21l 8/8 s?, B s s is KOTlTnaqa SS s s MAI GUANO 31
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      Page 35 Advertisements Column 2
      1206 35 f BEN LINE CONTAINERS LTD j 200 Cantonment Road Tel: *****22 I #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [vOY SPOKE PKLANg" SHAMPTON HAMBURG BHAVEN R'DAM L'HAVRE Totuo Express' 93/562 31/5 Via Lan 25/6 19/6 21/6 18/6 24/6 Star Lorraine 01/566
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      Page 35 Advertisements Column 3
      49 35 HONG KONG 5/6 I APIA (WESTERN SAMOA) 30/6 I PAGO PAGO (AMERICAN SAMOA) 2/7 I PAPEETE (TAHITI) 6/7 I RAROTONGA (COOK ISLANDS) 9/7 I NUKUALOFA (TONGA) 12/7 I SAVU SAVU (FIJI) 14/7 I SM CMNECTW6 FEEDERS FCL Zt/fi I LCL n/f AGENTS: I BEN LINE AGENCIES (S) PTE LTD
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      Page 35 Advertisements Column 4
      294 35 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen Bkok PINYA Vllo* »MAY/1 jun MYOMAYWA VI2BW 4ft JUN 2/3 JUN 31 MAYA HPA-AN VISOW 2/6 JUN PATHEIN VIO2W 22/29 MAY 30/31 MAY PAGAN VIS7W 1/12 JUN MERGUI V99W 11/14 JUN •OISCH ONLY THE BANK LINE
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      Page 38 Advertisements Column 1
      751 38 r LiSK-LIIIESJ^ 1 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO UNITED KINGDOM NORTH CONTINENT EUROPE OUTBOUND SIN FIX BRE RDM ANT HBG RST AMERICAN SEN WFOlb 2*5 211* 22/6 23/6 2S/6 26/6 0 GROTEWOHL 4/90 6/6 »/6 30/6 2/7 S/7 TAIWAN SEN WFOI9 12/6 5/7 6/7 7/7 9/7 10/7
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      Page 38 Advertisements Column 2
      1591 38 ukc cowvnmowAL mpiyki VtSMI P KLC PNC P C Loadinf lor A VESSEL 20/ C Ratterdwi/Antwarp CHINA ruix COWTAWMI «K»VIC« Vessel PKL PNC SPORE BKK HKG SMA QIN ITG SHANG CHENG 12» 21/5 23/S 27/S 4/« VANG FANG KOU 1» 31/5 29/5 4/6 12* 16,6 20/« Accepting FCL Cargo for
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      Page 38 Advertisements Column 3
      555 38 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA EXCLUSIVE ROUTES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS IAFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, etc I IRAN I: Djulfa, Astara ETD SINGAPORE :31/5, 5/6, 10/6 17/6, 19/6, 2/7 lE. EUROPE :To all inland points: .•Poland, Bulgaria, Czech, Hungary, Romania USSR,
      555 words
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      Page 38 Advertisements Column 4
      578 38 ASEAN PORTS Hock Agenci Co Ltd BKK (Tel ?B\3BC) PITA BHUM Z2W< In Pt 21/5 Thur M 0 MAMA BHUM HN W«d 300 S«t VI MEKHANIK KURAKO UN Wed 3QO S»t 20 SIRI BHUM 449N fri V* ***** V 8 PIYA BHUM 227N Sun 30 W* <0 MAHA BHUM 12*
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      Page 39 Advertisements Column 1
      1202 39 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 2/6 8/6 A VSL 6/6 12/6 A VSL 13/6 19/6 (Conventional Service) ETA S PORE LOADING FOR BANGLAR MAYA 12/6 S. KOREA, JAPAN ETA S PORE LOADING FOR MV ALKINDI 28/5 Ummqasr/Baghdad/Basrah KirKuk Mosul MV ALRAZI 5/6 S. Korea/Japan EAST
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      Page 39 Advertisements Column 2
      635 39 te.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. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ
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      Page 39 Advertisements Column 3
      1065 39 TO AUSTRALIA/NEW ZEALAND VSI SMpptri Frtnuntlt MfeMmc lyrtnty AudtM IhiMtfl T*r HPtfSS Ml M 1m a* vH 2/7 V 7 t mjwc no m V? "*7 up u/7 an •*ussti bi an Hi m 1M iw Im C VEROUK 253 HuH MA aH M V» 7 DATS TO FREMANTLE TO
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      1328 40 A SINGAPORE I WOUT TEL. *****?? IMPORT TELMieooTf HLAJI p E J? N L In !m! SSS7I KK TEL (088) *****0 TAWAU TEL: t 089 *****9 £IH£U :S S KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 ll\"- Sn AQ7M I SIBU TEL (084 > *****2 LABUAN TEL. (087) *****9
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      Page 40 Advertisements Column 2
      422 40 BLUE star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI, FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LOT MAMSURI 0574 I Jun iun Via NPL 21 Jun MULBERA
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      Page 40 Advertisements Column 3
      1029 40 3£l THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) I Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ram Im leti |mit «ssa m eti in KIM SOON LI 22/90E 2 JUN PENANG
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      Page 41 Advertisements Column 1
      757 41 BOB2HMIP Vtevv COMPANIA PERUANA p DE VAPORES fi "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM L CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. rPenang* P. Kelang Singapore "1 SHAPLAEVERETT Gdn K3O/25 May ROSEEVERETT 3/5 Jun 6/7 Jun L JOHNEVERETT 12/14 Jun*
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      Page 41 Advertisements Column 2
      634 41 lest Coart. Carribbean.Eatt Canada, HAITI Guatemala and Hondurai VSL IS'PORE IMAINLINER ILAX IKST SAV NYC HFX_ IM MELBOURNE JOA ZIM IBERIA 27/6 6/7 1/7 11/7 13/7 IM OSAKA 6/6 ZIM NEW YORK 5/7 14/7 17/7 IV7 21/7 IM KOPER 14/1 ZIM HAIFA 14/7 23/7 2*/7 28/7 30/7 IM EILAT 22/1
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      Page 41 Advertisements Column 3
      693 41 SING KWANG HANGI SHIPPING TRANSPORTATION <PTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA~ SURABAYA JENLINK 26/5 29/5 JENWEL 27/5 30/8 VESSEL S PORE BANGKOK A VESSEL 27/5 29/5 A VESSEL 1/6 3/6 DESTINATIONS ETA SINGAPORE PORT KELANG 2« MANILA *6 MAY HONG KONG. ALL CHINA PORTS 29 MAY KEELUNG.
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      Page 41 Advertisements Column 4
      517 41 PERINTIS LINE IJ ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PRASETIA 92A 30/5 2/6 PELOPOR 944 2/6 5/6 TANTO UTAMA 79 31/5 3/6 TANTO UTAMA 81 DRY DOCKING TANTO UTAMA 83 DRY DOCKING General Agents ASIA PERINTIS LINES PTE LTD 15 Enggor Street.
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      Page 41 Advertisements Column 5
      351 41 SIN FM EAST 3/6 KEELUNG/KAOHSIUNG 3/6 BANGKOK 1/6 MANILA 2/6 JAKARTA 1/6 PORT KELANG/PENANG 30/5 BUSAN 2/6 TOKYO/YOKO/KOBE 4/6 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuztiou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 3/6 LDN/FLX/LVP/SOU 3/6 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roii mania/Poland/Bulgaria/Czech. SIN USA/CANADA 31/5 L.A./NYC/SFO 31/5 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND
      351 words
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      Page 42 Advertisements Column 1
      440 42 r~s~\ PLATOU PACIFIC Y It I SHIPPING SERVICES V —REGULAR PAR CAST N AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: *****59 r~ HANSA HANSA BREMEN V.012 RIGA V.Oll SINGAPORE 13/06 28/06 JAKARTA 03/07 SURABAYA 08/07 LOS ANGELES 16/07 10/08 VANCOUVER B.C. 26/07 20/08 General Agents: ANGLO FRENCH
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      Page 42 Advertisements Column 2
      233 42 VSL DESTINATION ETA SIN •JIRA BHUM OJN BANGKOK 26/5 PIYA BHUM Z26N BANGKOK 27/5 MAHA BHUM UN BANGKOK 30/5 MEKHANIK KURAKO UN BANGKOK 31/5 SD ORIENT 23R CEBU. MANILA W AKA BHUM 22S CEBU, MANILA 1/6 0 STRENGTH 23A KARACHI, BOMBAY »/5 O SINCERITY 24A KARACHI. BOMBAY 01/6 JENLINK 10N
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      Page 42 Advertisements Column 3
      307 42 frMADKRIS BUSINESS PSm CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME. M.V.'DAGOHOY' 06/90 In Pt BISLIG TBN 7th JUNE MANILA M.V.'DAGOHOY' 07/90 20TH JUNE MANILA/BISLIG GENERAL ACT CALSOURCE SHIPPING a TRADING PTE LTD. 63 ROBINSON RD. #06 01
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      Page 42 Advertisements Column 4
      309 42 m SCR VICE TO/ ROM jf 7&WS-L/A//C ft/) KL: allied-link SINGAPORE: z-£-x 04-*****2 09-*****55 778 6522(22 LINES) SETA Marina Ong Sumo N«/ChrMlna CMAMce Yao/EsMtef Yao m Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY SPORE JAKARTA EDEN 9015 30/05 0406 DELTA MAS
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      Page 42 Advertisements Column 5
      184 42 »tssf. sin m. CMM n»v ALS STRENGTH VOY 12AW 29/05 09/06 14/06 19/W ALS ENOtAVCHJR VOY 14W 06/06 19/06 24/06 SILVER HAPPINESS VOY 15W 19/06 30/06 05/07 Accepting FCL tof Johannesburg VtSKL MY D«N PTL SM M OHFU VOY 06E 15/06 16/06 21/06 31/06 10/06 14/06. ALS PROSPERITY VOY 106
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      432 43 TIDES AND WEATHER TOOAVS Tines (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0900 ******************************00 **********00 2000 2100 22M 2300 JR 31 3.3 32 28 2.2 1.6 10 06 0.3 03 0.4 0.9 1.5 2.0 2.3 2.4 25 1.9 15 12 1.1 17 15 2.0 pp
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      Page 44 Advertisements Column 1
      287 44 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement on the riyht! PAKISTAN NATIONAL -%*m m SHIPPING CORP., KARACHI. INDONESIA ft MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANQ PENANG SHALAMAR 13-16/5/90 INDONESIA ft MALAYSIA EAST ASIA SERVICE FOR HK TWN
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      Page 44 Advertisements Column 2
      301 44 ▲HYUNDAI MERCHANT MAWNE CO. LTD. EABTBOUNP TO USA WESTBOUND FROM UBA T0 PBW SIN HKC LBN OAK SEA FROM PBW LBM OAK SEA HKC SIN w 0104 07/01 2504 2104 0107 HYUNDAI COMMANDER IfW 3004 03/05 55 24/05 3105 SlnSni 1405 02/07 0507 0507 HYUNDAI PIONEER 31W 07/05 1005 13/05
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      Page 44 Advertisements Column 3
      5 44 [EXECUTIVE I I JOBS I
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      401 44 t UK/CONTINENT (TRIO) tokmExm» IST "^lSr S" Srg" «rr :gfc•—•-»■-*— MMUMOSOS H 25» a* 8» W UKlffx)«*D-am «USW HMU W WW- IP MEDITERRANEAN (MED CIUBI* JEDDAH IMMIB r*""~ ~~~"~~™l t'liium Cmm Thaata HI itt ■■■■BflllA^H nIMH H'wie W "W WW w I<M 17* at 1M M M 10MAIW M iM
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