The Business Times, 30 May 1990

Microfilm: NL17018
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday May 30 1990 75*
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  • NEWS SUMMARY
    • Article
      Yeltsin elected President of Russian Federation
      64 1 MAVERICK communist Boris Yeltsin, the political arch-rival of Soviet President Mikhail Gorbachev, was elected President of the Soviet Union's largest and most powerful republic, the Russian Federation, yesterday. The voting result in the Russian Parliament was announced within hours of Mr Gorbachev's departure for
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    • Article
      Thai trade up 15pc
      31 1 THAILAND'S foreign trade increased by 15 per cent in the First quarter of this year to US$l2.3 billion on a year-on-year basis, state-run Radio Thailand said yesterday.
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    • Article
      High hopes for unit
      26 1 A NEW subsidiary of Singapore Technologies Industrial Corporation is expected to chalk up a revenue of $100 million this year Page 2
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    • Article
      Mint looks abroad
      25 1 LAUNCHING a new set of bullion coins yesterday, the Singapore Mint said it is looking to generate more business overseas Page 2
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    • Article
      Jakarta lifts more curbs
      24 1 INDONESIA has dismantled more protectionist barriers in the hope of sustaining rapid economic growth spurred by earlier deregulation Page 9
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    • Article
      New threat to Europe
      29 1 A SURGE in Japanese investment will fundamentally change Western Europe's economic landscape in the *****, posing major new competitive threats to European companies Page 10
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    • Article
      Beijing backtracks
      31 1 CHINA has said that socialism is imperfect, the communist party fallible and that some student protesters last year were imbued with the "good intention" of advancing democracy Page II
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    • Article
      Telecom in high gear
      29 1 TO REINFORCE its role as the telecommunications centre in the region, Singapore Telecom is stepping up its already massive training programme. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      66 1 PRICES moved higher on Wall Street early yesterday as technology stocks recovered some ground and the bond market advanced. The Dow Jones Industrial Average was up 7.59 to 2,828.51 after one hour of trading. Advancing issues were ahead of decliners by a margin of about five to
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    • Article
      Footsie higher
      36 1 SHARE PRICES in London climbed yesterday morning after an early markdown in the wake of weak closes in Tokyo and Wall Street. By mid-day, the Footsie 100-share index was up 15.9 points at 2,281.5.
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    • Article
      Sembawang expanding
      30 1 SEMBAWANG Maritime is gearing itself for a bigger slice of the shiprepair market by expanding its facilities and acquiring a five-acre property next to its yard Page 3
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    • Article
      Bonus magic
      26 1 IT'S STRANGE, says Hock Lock Siew, how investors' perception of a company changes so quickly through the magic of a bonus issue. Page 3
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    • Article
      More new products
      32 1 CS FIRST Boston will introduce more sophisticated investment banking products in Singapore in the near future as it attempts to become a major force in the region Page 8
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    • Article, Illustration
      STOCK INDICES
      28 1 Tuesday Change BT-MGA 797.42 +0.27 Kuala Lumpur ....581 .80 -4.24 Hongkong 3,048.55 -10.95 Tokyo 32.817.67 -373.94 Sydney 1,494.3 +10.9 Monday Change New York Closed London Closed
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    • Article
      CURRENCIES
      23 1 Exchange rates US$ SSI .8460 Yen (100) SS 1.2245 M$ SS0.6836 Money market rates Overnight 5 3/4 -1/8 3-month 7 7/8 +3/16
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    • Article
      COMMODITIES
      25 1 London Gold PM fix US$367.70 +1.20 Rubber S'pore June 158.75 '/kg +0.25 M'siaJune... 23l.00'/kg -0.50 KL Tin Turnover 17 tonnes -28 Spot M$16.99/kg +0.03
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  • Article
    Office space for sale at The Plaza
    292 1  -  By Phang Hsiao Chung HOTEL Plaza Ltd, now gearing up for a listing, is selling office space at its flagship The Plaza along Beach Road. It recently placed advertisements offering office units from 1,900 sq ft at $720 per sq ft, price negotiable.
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  • Article
    Hotel Plaza plans 100 m share offer next week
    413 1  -  By Elaine Koh HOTEL PLAZA, the hotel arm of United Overseas Land (UOL), is expected to offer 100 million 50-cent shares to the public in a flotation launch early next week, at between 70 cents and 80 cents each. This will
    413 words
  • Article
    UIC sells stakes in Supreme, Inchcape houses
    356 1  -  By Elaine Koh UNITED Industrial Corporation, lightening its property portfolio, has sold its stakes in Supreme House and Inchcape House to its partner Wing Tai Holdings for $64.62 million, realising an extraordinary profit of $32.1 million before tax. UIC owned a one-third share
    356 words
  • Article, Illustration
    Batam developer looks to nearby island
    355 1  -  By Claire Leow PROMPTED by a huge surge in demand, the developer of a large industrial park in Batam is looking to the nearby island of Pulau Bintan as an possible additional development site. This was revealed by officials of Batam Industrial Park (BIP)
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  • Article
    ECICS moves towards listing
    328 1  -  By Quak Hiang Whai WITH AN EYE on a public listing in a few years' time, the Export Credit Insurance Corporation of Singapore (ECICS) has plans to further restructure and expand its operations. Its chairman. Mr Herman Hochstadt, said the group is looking at the possibility
    328 words
  • Article
    Lock icon M'sian minister to investors: Have faith in government
    182 1 Bernama MALAYSIAN Trade and Industry Minister Datuk Seri Rafidah Aziz, saying that the post-1990 economic policy will be positive towards investors, has asked the private sector to put its faith in the government. Addressing the Malaysian International Chamber of Commerce and Industry
    Bernama  -  182 words
  • Page 1 Advertisements
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      172 words
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      Page 1 Advertisements Column 3
      5 1 Assurance on infrastructure, Rack Pg
      5 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Government accepts NWC guidelines
        51 2 THE 1990 guidelines of the National Wages Council have been accepted by the government. They apply to all employee categories in unionised and non-unionised companies, said a Labour Ministry statement. The NWC called for a moderate increase in basic wages not exceeding the national productivity growth
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      • Article
        Mauritian team in town
        46 2 AN EIGHT-MEMBER Mauritian delegation is in Singapore to discuss technical cooperation between the two countries. Led by Bhinod Bacha, Mauritius' Secretary of Home Affairs, the delegates will be looking at the possibilities of cooperation in port management, civil aviation and public utilities.
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      • Article
        Korean mission due in S'pore
        63 2 A KOREAN trade mission from the industrial city of Pusan will visit Singapore from June 17 to 19. The visit is part of a South-east Asian tour organised by the Korea Trade Promotion Corporation. The eight-member team will be meeting Singapore buyers of consumer and
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      • Article
        Joint rescue exercise
        76 2 THE Civil Aviation Authority of Singapore and the Department of Civil Aviation in Malaysia yesterday conducted a Search and Rescue Exercise (SAREX). The exercise was based on a simulated flight from Kuala Lumpur Airport to Singapore Changi Airport which crashed at sea off Batu Pahat, Johor. Communications
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      • Article
        Motorola's training centre
        45 2 ELECTRONICS group Motorola has set up a $5 million design training centre with the National Productivity Board (NPB). Motorola has developed a training package which it will hand over to the NPB at the Motorola Training Design Centre at Shaw Towers tomorrow.
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      • Article
        Ali BaBa on display
        62 2 ALI Baßa, a prototype of an intelligent assembly line balancer developed by the French-Singapore Institute, is being displayed at an artificial intelligence exhibition in Avignon, France. Ali Baßa can be used to optimise workflow of assembly lines. The exhibition, the 10th International Workshop on Expert Systems
        62 words
    • Article
      Singapore Precision Industries expects $100 m revenue
      379 2  -  By Lee Han Shih A NEW SUBSIDIARY of Singapore Technologies Industrial Corporation (STIC) is expected to chalk up $100 million revenue this year. Set up in January, Singapore Precision Industries (SPI) is a 550-man operation incorporated to handle precision engineering work for the
      379 words
    • Article, Illustration
      Singapore Mint hopes to coin more business overseas
      256 2 LAUNCHING a new set of bullion coins yesterday, the Singapore Mint said it is looking to generate more business overseas. Speaking at a press briefing, assistant general manager Chong Phit Lian said the mint is doing work for a number of foreign
      256 words
    • Article
      Bullion pays $32m for Chotek Apartments
      338 2 CHOTEK APARTMENTS, the only high-rise apartment block along Nassim Road, has been sold for $32.29 million to Bullion Properties Pte Ltd, a company controlled by Ng Teng Fong's Far East Organisation. The tender for the 11-storey building, situated near the junction of Nassim Road
      338 words
    • Article
      Training helps to maintain standards in hotels
      278 2 HIGHER productivity through training has helped to maintain service standards in local hotels, despite a shortage of labour, said Dr Tay Eng Soon at the launch of a new training course by the Singapore Hotel Association (SHA) yesterday. Today, the hotels manage to
      278 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      85 2 Managers must manage. BT shows you how every Monday i 4 electroSc^inaranafservice 7 simple to have direct access to your company's accounts. You can open or amend letters of credit, make payments and transfers, or place funds on loeyatwtai |jj| j~; banking activities is available monitor your cash flow. In
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Sing Land shares surge on bonus issue plan
      448 3 SINGAPORE LAND Ltd's share price has shot past the $16 mark for the first time since United Industrial Corporation launched its takeover bid in April. The counter was the star performer on the stock market yesterday, soaring to a high of $16.50
      448 words
    • Article
      Tuan Sing expects a return to profitability this year
      460 3 TUAN SING Holdings Ltd is anticipating a return to the black in the current financial year as a result of improvements on all fronts, including its construction division which secured $40 million worth of contracts during the first four months of
      460 words
    • Article, Illustration
      Lock icon D&C Bank seeks new growth areas
      479 3 NST DEVELOPMENT Commercial Bank Bhd is financially strong to position itself strategically in its search for new areas of growth. Chairman Khoo Eng Choo said the board was pressing ahead with plans to ensure that D&C retained its position as a leading financial group
      NST  -  479 words
    • Article
      Will UIC place out its excess Sing Land shares soon?
      492 3  -  THE HOCK LOCK SIEW COLUMN By Conrad Raj IT IS STRANGE how local investors' perception of a company changes so quickly through the magic of a bonus issue. It is strange, too, how often the best solution to any problem
      492 words
    • Article, Illustration
      Sembawang Maritime on expansion path
      305 3  -  By Schutz Lee SEMBAWANG Maritime Ltd is gearing up for a bigger slice of the shiprepair market by expanding its facilities and acquiring a five-acre property next to its present yard. With shiprepair playing a big part in its 40 per cent jump in after-tax
      305 words
    • COMPANY BRIEFS
      • Article
        Ayer Hitam Tin forecasts higher profit
        81 3 AYER HITAM Tin Dredging Malaysia Bhd said it expected group pre-tax profit of Mss million for year ending June 30, 1990, against M 54.2 million in the corresponding 1989 period. Ayer Hitam chairman Mohamed Noor Dom made the forecast as he announced that the
        81 words
      • Article
        Help for Sparkman's listing
        111 3 MECHMAR CORP (M) Bhd will help men's tailoring firm Sparkman Holdings Sdn Bhd gain a listing on the Kuala Lumpur Stock Exchange's second board within two to three years. Speaking to reporters after Mechmar's annual general meeting in Kuala Lumpur yesterday, executive chairman Tan Kean Wan
        111 words
      • Article
        Lion enters furniture accord
        90 3 LION CORP Bhd has entered into a technical assistance agreement with a British office furniture manufacturer to help it begin a new project to make a new range of office and industrial chairs. Chairman William HJ Cheng said the agreement with Pledge Office Chairs Ltd would
        90 words
      • Article
        Kesang plans 144-room hotel
        71 3 KESANG Corp plans to construct a three-star 144-room hotel on the group's land in Chendering near Kuala Trengganu costing not more than Mslo million as part of its diversification move into the tourism industry. The company is discussing with a Hongkong company, MBE Management Ltd, on
        71 words
      • Article
        Profit in Plus territory
        160 3 GOLDEN PLUS Holdings Bhd has turned around its operations, posting a group pre-tax operating profit of MS 1.30 million for calendar 1989, after suffering a loss of M 58.53 million in 1988. Golden Plus (formerly known as Dayapi Industries (M) Bhd) said in a statement yesterday
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      198 3 mmmmmmmam announcing 17-22 MAY 1993 SINGAPORE Asia's most authoritative international telecommunications FORUM and EXHIBITION will again be held in Singapore in 1993. Following the success of ASIA TELECOM 85 and ASIA TELECOM 89, ASIA TELECOM 93 will be a bigger and better show not to be missed. A unique and
      198 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Daiwa Securities to set up 'green' stocks fund
        106 4 DAIWA Securities Co Ltd will set up Japan's first trust fund to invest in environment-related stocks, a spokesman for the brokerage said. "The environment is a popular market theme now. There are many such funds in the US, but up until now,
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      • Article
        Aussie steel demand hit
        78 4 AUSTRALIA'S economic downturn has cut domestic demand for steel by about 15 per cent, the Broken Hill Pty Co Ltd says. But managing director Brian Loton said BHP was lifting steel exports in compensation. "Currently the rate of demand is about 15 per cent below what
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      • Article
        Shiseido net profit rises 19pc
        59 4 JAPAN'S Shiseido Co Ltd said its net consolidated profit rose 19 per cent to 11.4 billion yen (US$76 million) in the year to March. Sales climbed 14 per cent to 456 billion yen (US$3.O4 billion), the company said, adding that the performance of "anti-ageing" skin-care
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      • Article
        Murata predicts higher profit
        82 4 MURATA Manufacturing Co Ltd has predicted parent company net profit of 12 billion yen in the year to March 31, 1991, up from the 1989/90 figure of 11.11 billion yen announced earlier. The maker of ceramic capacitors also estimated current profit at 20.90 billion yen in
        82 words
    • Article
      Lock icon Australia's Wormald to merge with Tyco
      359 4 Reuter AUSTRALIA'S Wormald International is creating the world's biggest fire protection group in a merger with US company Tyco Laboratories. The merged group, with projected sales of A 53.7 billion for the year ending June 30, 1991, will sell sprinkler systems and other equipment
      Reuter  -  359 words
    • Article
      Lock icon Aussie broker reveals exposure to Harlin
      207 4 Reuter AUSTRALIAN broker Mcintosh Securities Ltd has revealed an exposure to Harlin Holdings Ltd, the 56 per cent parent of Elders IXL Ltd. Mcintosh said in a notice to the Australian Stock Exchange yesterday that it was a member of a syndicate which had
      Reuter  -  207 words
    • Article
      Lock icon Indon group wins M'sian road contract
      230 4 Agencies INDONESIA construction group Konsortium Citra Kohtrgktor Nusantra, in a jgrrrt venture with a Malaysia n company, has won a .2i*****.5-million highway '.Cpntract from Projek Lebuhr•awa Utara-Selatan Berhad (PLUS). The contract is for the construction of the 20km -Yong Peng-Air Hitam section of the
      Agencies  -  230 words
    • Article
      Lock icon Paramount Coip seeking to expand its land bank:
      409 4 NST PARAMOUNT Corporation Bhd, which has a cash surplus of M 514.2 million, is on the look-out for suitable land to acquire and build up its land bank. Chairman Teo Chiang Lim said Paramount Corp would be looking for land in areas
      NST  -  409 words
    • Article
      Lock icon Titan joint venture gets term loan for JB plant
      191 4 Bernama TITAN HIMONT Polymers (M) Sdn Bhd, a joint venture between Taiwanese, Italian, Australian and British interests, has secured a syndicated term loan comprising Ms4o million and US$5O million to part-finance a polypropylene plant at Pasir Gudang in Johor Baru. Titan
      Bernama  -  191 words
    • Article
      Lock icon Batato spend M$ 9m to raise output
      214 4 Bernama SHOE-MAKER Bata (M) Bhd is spending Ms 9 million this year to raise its output by 30 per cent in 1991 for domestic and export markets. Chairman Rino Rizzo said after Bata's annual general meeting in Kuala Lumpur yesterday that about 50
      Bernama  -  214 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      199 4 THE TIME MACHINE LANDS IN SINGAPORE Ifl j IP- iiimimimiiiiiIMIIMIMMMII9IM I I j H J Fv On June 17 th Emirates' Time Machines land at Changi International Airport bringing a new style of travel and luxury to Singapore. Luxury evidenced by the generous slope and tilt of our First Class
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      220 5 WKm m.Bfe,.. B BL &I^^^Bb& u 'ifr Mc#B Entertaining is often the most influential way of opening and closing deals. it comes from the world's leading bank and carries the international network Of maintaining a close relationship with your associates. Of taking advantage and strength of Citicorp. of new opportunities.
      220 words
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  • INTERNATIONAL COMPANY NEWS
    • COMPANX BRIEFS
      • Article
        Perrier strikes £125 m pal with Cadbury
        58 6 jHtRIER has reached a £125-million deal with Cadbury iKveppes under which the British group will take over a tfljc slice of the French firm's soft drinks operations. Perrier Hftounced earlier this year that it planned to get rid of some JNts non-alcoholic drinks
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      • Article
        Chinatown in the Docklands
        78 6 British unit of Canadian real estate giant Olympia and Y&fk has co-signed a £400-million deal to develop a Chinatirtfti in London's Docklands area. The agreement to build the "Co-hectare China Economic and Trade Centre was signed on Noonday in Tianjin city, south-east of Beijing, the New
        78 words
      • Article
        Euroc buys Portuguese stake
        53 6 building and cement company Euroc AB has biiaght an 80 per cent stake in Portugal's concrete group Joao Sjlvador-Comercio Industria e Construcoes Lda. Euroc said it i££lso building a new factory for its Portuguese concrete silbsidiary, Soplacas. The total value of the Portuguese investijKfrt is 100
        53 words
      • Article
        United Biscuits raises bid
        90 6 iTISH United Biscuits pic has raised its bid for Dutch cade to 447 guilders per share from 400 guilders, brokerfirm Van Meer James Capel said in a statement. Van r James Capel, representing a group of shareholders opsd to the original bid level, said the dissenters
        90 words
    • Article, Illustration
      Lock icon Zambia to privatise shares in state-run firms
      360 6 Reuter ZAMBIA has unveiled plans to privatise shares in staterun companies and set up a stock exchange. President Kenneth Kaunda said the public would be offered 40 per cent of shares in the public utility and social service sector and 49 per cent
      Reuter  -  360 words
    • Article
      Lock icon De Beers split hading scheme looks aborted
      490 6 Reuter A SCHEME designed to enable investors to trade in separate share units for the South African and foreign arms of De Beers Consolidated Mines Ltd, against its wishes, has been aborted, market sources said. Spokesmen for the three investment firms making up
      Reuter  -  490 words
    • Article
      Lock icon GPA sets up aircraft leasing firm in Sweden
      182 6 Reuter GPA GROUP pic, the world's largest aircraft leasing firm, has set up a leasing company in Sweden together with four Swedish companies. Ireland-based GPA, formerly Guinness Peat Aviation, yesterday said the new company, Solitair (Capital AB, had bought seven jets from
      Reuter  -  182 words
    • Article
      Lock icon British Gas seen posting higher income, dividend
      450 6 Reuter BRITISH GAS pic is expected to report higher annual income tomorrow despite one of the warmest UK winters on record, which hit earnings potential. Most analysts forecast historical net income at £930 million to £980 million in the year ended March 31
      Reuter  -  450 words
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      158 6 -.v,-.. i? P at y $i* r 1 m In I f *f m Z7"*" r 'ZTS *jr —t" 1 *"4 W.. (M For the same price, "i *i "i which image would you rather have? w I was printed on a 24 pin dot matrix. I was printed on
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      175 7 I x I Drive the new Dedra. I I And forget all you've ever heard about relentless I I engineering or ultimate driving machines. I The new Dedra. Destined to lead. A ear mirrors, central locking, total climate control that embodies the best ot Lancia tradition in air-conditioning and a
      175 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Taipei acts to curb speculation
        55 8 THE Taipei Foreign Exchange Market Development Foundation will no longer announce the total daily commercial demand for US dollars from today as part of an effort to eliminate speculation, central bank officials said. "We believe this will make it difficult to speculate on our currency,"
        55 words
      • Article
        Firm seeks US$ 100m loan
        109 8 THE Shipping Credit and Investment Co of India is seeking a US$lOO million loan, an official of Instituto Bancario San Paolo di Torino said. The eight-year syndicated loan, bearing an interest rate of 0.25 percentage point above the London interbank offered rate, is being lead-managed
        109 words
      • Article
        EC approves bank participation
        77 8 THE European Community (EC) ministers on Monday formally approved participation of two EC institutions in a development bank for Eastern Europe, officials said. The ECs executive commission and the European Investment Bank (EIB) will each have a 3 per cent stake in the European Bank for
        77 words
      • Article
        SFOM seeks Namibia stake
        74 8 EUROPEAN holding company Societe Financiere pour les Pays D'Outre Mer (SFOM) plans to acquire 70 per cent of the share capital of Bank of Namibia from Geneva-based Banque Financiere de la Cite, SFOM board member Jurgen Sarrazin said on Monday. Mr Sarrazin, the managing director of
        74 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 8 Dollar$ Non$en$e
        2 words
    • Article
      CS First Boston to beef up its financial packages
      360 8  -  By Quak Hiang Whai CS FIRST Boston will introduce more sophisticated investment banking products in Singapore in the near future as it attempts to be a major force in the Asia Pacific region. In an interview with BT, Mr Allen D
      360 words
    • Article
      Lock icon Big Japanese banks unlikely to deal directly in securities
      230 8 Reuter THE Japanese Finance Ministry is expected to reject persistent pleas by Japan's big city banks for permission to directly enter the domestic securities business as part of financial industry reforms, Japanese banking and brokerage sources said. It is, however, expected
      Reuter  -  230 words
    • Article, Illustration
      Nets all keyed up for the billionth dollar transaction
      296 8 THE Network for Electronic Transfers (Singapore), the operators of Singapore's cashless shopping system, expects its cumulative transaction volume to cross the I billion mark early next month. And Nets, as the company is known for short, plans to celebrate this occasion
      296 words
    • Article
      Lock icon ADB to invest in regional fund
      136 8 AFP THE Asian Development Bank (ADB) is to make a direct investment of US$5.2 million in 500,000 units of Asian Convertibles and Income Fund (ACIF), the bank said. The ADB also agreed to underwrite a commitment of US$5.2 million for an additional 500,000 units
      AFP  -  136 words
    • Article
      Lock icon Nanyang Insurance seeks to tap Asean market
      329 8 Bernama IN A BID to boost its insurance operations further, Nanyang Insurance Company (M) Bhd is planning to tap opportunities in the Asean market, its director Mr Teo Chiang Quan said yesterday. To this end, it is exploring possible tie-ups with established international
      Bernama  -  329 words
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      Page 8 Advertisements Column 1
      220 8 -'V-.. 1- V V V 'i r"* < '*■.< *V *''*>-• v y tll p r. 5 -,vv k• /v i j V itp-f: v'-V '4' j'■ 2&S 4 *v < > N >*.'*.*• >."*•. f•• v f\; '■> v*' > 'v. f-*t* ••'''>;• i-'. 3 W .v." -i'* *'.'>•
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      Page 8 Advertisements Column 2
      255 8 A TOP-LEVEL 2-DAY RESIDENTIAL SEMINAR IN BATAM INDONESIA IN 1990s MH! PROGRAMME HIGHLIGHTS: WELCOME AND OVER VIEW OF DEVELOPMENT Prof. Dr. Ing. B.J. HABIBIE, Minister of Research Technology and Chairman of Batam Industrial Development Authority INVESTMENT PROSPECTS Ir SANYOTO SASTROWARDOYO, Chairman of the Investment Coordinating Board BKPM INDUSTRIAL DEVELOPMENT Ir
      255 words
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  • THE REGION
    • Article, Illustration
      Lock icon Indonesia slashes more tariffs
      440 9 AFP INDONESIA has dismantled more protectionist barriers in the hope of sustaining rapid economic growth spurred by earlier deregulation, officials and economists say. The government announced on Monday its latest package of economic deregulation with sweeping cuts in import tariffs for nearly 2,500 commodities and abolition
      AFP  -  440 words
    • Article
      Lock icon US ready for talks on reducing military presence in Manila
      237 9 AFP THE United States is willing to discuss with Manila the possibility of reducing its military presence in the Philippines after 1991. US Embassy spokesman Stanley Schrager said that "that's one of the issues that are going to be discussed",
      AFP  -  237 words
    • Article
      Lock icon Philippines to rely less on aid
      206 9 Reuter THE Philippines will become less dependent on foreign aid in the next four years by implementing a package of fiscal reforms including tax increases. Finance Secretary Jesus Estanislao said on Monday that the country could lessen its dependence on foreign money by raising
      Reuter  -  206 words
    • Article
      Lock icon Higher taxes on beer, liquor, cigarettes
      195 9 Reuter THE Philippine House of Representatives has voted to raise taxes on beer, liquor and cigarettes to help reduce this year's budget deficit. The bill, approved on Monday, now goes to the Senate for approval before it is presented to President Corazon Aquino. Manila
      Reuter  -  195 words
    • Article
      Indon firms told to speed up industrial estate projects
      262 9 INDONESIA'S Junior Minister of Industry warns that the government might revoke the licences of companies which fail to honour commitments to construct industrial estates soon after receiving government approval, the Jakarta Post reported on Monday. "Companies which have received government approvals
      262 words
    • NOTE BOOK
      • Article
        Flights resume at Manila airport
        92 9 INTERNATIONAL FLIGHTS at Manila airport resumed yesterday after a Thai International Airbus 300 that had been blocking the runway since Sunday was towed away, an airport spokesman said. The Airbus, on a flight from Bangkok, sank into mud when it swerved off the runway and
        92 words
      • Article
        Thai trade rises by 15pc
        74 9 THAILAND'S foreign trade increased 15 per cent in the first quarter of 1990 to US$l2.3 billion, on a year-on-year basis, state-run Radio Thailand said yesterday. The radio reported a trade deficit in the period of US$l.B billion. A rise in imports of 18 per cent
        74 words
      • Article
        Plan to sell Thai stockpiled rice
        81 9 IN A MOVE that Thai rice exporters said could damage the local high-grade rice market, Commerce Minister Subin Pinkayan will submit a proposal to the Cabinet next week that it permit sales of government stockpiled rice to private overseas buyers. But it was widely
        81 words
      • Article
        2.lpc jobless in Japan
        75 9 JAPAN'S seasonally adjusted unemployment figures listed 1.41 million jobless in April, or 2.1 per cent of the workforce. The Management and Coordination Agency said yesterday that the April jobless rate represented a 0.1 per cent rise from March but was down 0.2 per cent from a
        75 words
      • Article
        Khmer groups to meet in Tokyo
        111 9 LEADERS of all four Cambodian factions are to meet in Tokyo next week in a bid to reach a comprehensive settlement for the 11-year conflict, a Japanese Foreign Ministry official said. Initially only Prince Norodom Sihanouk, the central figure in the resistance coalition fighting
        111 words
      • Article
        Made-in-KL Canon cameras
        92 9 CANON Inc, a top Japanese camera manufacturer, said it would start compact camera production in Malaysia and China this year under a scheme to transfer all compactcamera production abroad by 1992. Canon officials said the company would start producing compact cameras in Malaysia in August, producing 500,000
        92 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      314 9 RICOH PRESENTS THE LATEST G4 DIGITAL LASER FACSIMILE with features that would make others envy. As the pioneer in high speed facsimile, Ricoh 20-MB hard disk with cost-saving memory Optional bar code reader which reduces timeFax 7000 L G4 represents the latest in digital functions for example, it can store
      314 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        OECD gives German forecast
        82 10 GERMAN ECONOMIC and monetary union will lead to only a modest increase in West Germany's inflation rate and a small drop in its current account surplus, according to the Organisation for Economic Cooperation and Development. The official OECD forecast prepared for inclusion in next month's semi-annual
        82 words
      • Article
        Lithuania hurt by embargo
        63 10 LITHUANIA has said that the Kremlin's economic embargo is forcing it to cut back severely on electrical power to its industries, bringing to 40,000 the number of people out of work. Electricity is being generated at only two power plants in the Baltic republic: a nuclear
        63 words
      • Article
        Protests at Taipei Parliament
        63 10 VIOLENT PROTESTS inside and outside Taiwan's Parliament in Taipei yesterday delayed a vote on the nomination of the Defence Minister as the new Premier. More than 1,000 people battled police throughout the morning, throwing rocks, garbage pails, paint and cups of urine at police in full
        63 words
    • Article
      Lock icon New Japanese threat to European firms
      639 10 IHT A SURGE in Japanese investment will fundamentally change Western Europe's economic landscape in the *****, posing major new competitive threats to European companies. As it shakes off its psychological dependence on the US, Japan will step up the pace and sophistication of its
      IHT  -  639 words
    • Article
      Lock icon Financier calls for govt aid for Europe
      280 10 Reuter WESTERN NATIONS must rush financial support to emerging democracies in Eastern Europe before private capital will follow, according to the chairman of Financiere Credit Suisse First Boston. Mr Hans-Joerg Rudloff told a symposium in St Gallen, Switzerland, on Monday that only massive
      Reuter  -  280 words
    • Article
      Lock icon Africans fear impact of EC single market
      196 10 Reuter AFRICAN ECONOMISTS, weighing the chances of exporting more to the European Community or being squeezed out of its single market after 1992, say the continent's main trade lifeline risks being cut. At a symposium on Monday in Abidjan organised by the African
      Reuter  -  196 words
    • Article
      Lock icon Spain seeking economic unity to compete after 1992
      611 10 Reuter THE SPANISH government embarks in the next few days on economic negotiations with business and union leaders which it says are critical to the country's ability to compete in the single European Community market after 1992. Government officials in Madrid say
      Reuter  -  611 words
    • Article, Illustration
      Lock icon Only in Moscow...
      43 10 A Muscovite is seen showing his identity pass before being allowed to buy food. A new ruling bars non-residents from shopping in the Soviet capital, a move aimed at preventing panic buying over planned market reforms. AFP picture AFP picture
      AFP picture  -  43 words
    • Article
      Lock icon East Bloc car exports expected to soar
      234 10 AFP CAR EXPORTS from the East Bloc, including the Soviet Union, are expected to soar by 80 per cent in the next five years, according to a study published in London yesterday. Car purchases will also soar in the East Bloc, with an
      AFP  -  234 words
    • Article, Illustration
      Lock icon Tokyo firms still wary of investing in China
      576 11 Reuter ONE YEAR after a military crackdown on student-led protests in Beijing, Japanese companies are still wary about investing in China out of fears of political instability and in the absence of protection for foreign aid and loans. The crackdown halted a
      Reuter  -  576 words
    • Article
      Lock icon Moscow tears down hurdle to arms accord
      205 11 Reuter THE SOVIET UNION has begun destruction of a giant radar station which was long a symbol of disagreement with the United States about arms control, a senior Soviet Foreign Ministry official said yesterday. Vitaly Churkin, a close adviser to Soviet Foreign Minister
      Reuter  -  205 words
    • Article
      Lock icon Canada paying heavy price for constitutional crisis
      375 11 Reuter CANADA has begun to pay a bitter premium to jittery investors demanding a richer return for parking funds in a nation torn by a constitutional crisis. The Canadian central bank last week raised shortterm interest rates by onequarter percentage point to bolster
      Reuter  -  375 words
    • Article
      Lock icon China attempts to present more liberal face to West
      455 11 Reuter AFP CHINA said yesterday that socialism was imperfect, the Communist Party fallible and some student protesters last year were imbued with the "good intention" of advancing democracy. Foreign diplomats in Beijing said the comments, made in a speech by government
      Reuter; AFP  -  455 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      456 10 I PUBLIC UTILITIES BOARD The PUB invites applications for the following appointments. Applicants should have experience in administering a major welded steel high pressure pipeline project involving bulk high-pressure gas metering and regulating stations, cathodic protection system and SCADA system. (A) SENIOR ENGINEER (Salary Range of $4,924 5,667) 1 (B)
      456 words
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      Page 10 Advertisements Column 2
      143 10 Come, taste our tradition At Chao Phaya. where our experienced Thai chefs welcome you to taste their authentic Thai cuisine The distinctive aromas The exotic spices. The freshest mouth watering seafood. And even our homely Thai hospitality to satisfy your exquisite dining. ..Always true to Thai culinary tradition Always true
      143 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      209 11 iJ- i -«3Br 1 I Bs I9H| rggimL m H|^9BHB i^t m_^^^^bl^.- We Create Solutions, From Concept To Completion." Ruyee C How is General Manager of the Research and Develop- on space planning and utilisation. Under one roof, all your requirement Consultancy at Richard Ellis. Her experience in overseas markets
      209 words
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  • Article
    Make or mar for Myanmar
    496 12 EDITORIAL THE WINDS of democracy truly blow. When the Myanmarese junta crushed a grassroots movement for political freedom 20 months ago, it was one more example of the power inexorable, it seemed then of the bullet over the masses. When the Yangoon government announced that
    496 words
  • WHAT THE OTHERS SAY
    • Article
      Striking the right balance
      224 12 THE KEY ISSUE facing President Bush and his Soviet counterpart Gorbachev at their summit is: what shape will the new Europe take, in particular, unified Germany's military status within that Europe. Although the US hopes to have Germany within Nato, Mr Gorbachev appears to have hardened
      224 words
    • Article
      The gift of life
      115 12 MUSLIMS can donate their organs. Indeed, a religious ruling (fatwa) has been introduced to allow them to do just that. Still, a psychological barrier exists. But attitudes are changing. Therefore, it was a step in the right direction when the Majlis Ugama Islam, MUIS, decided to
      115 words
    • Article
      An expanded NWC role?
      141 12 IN PRESENTING its guidelines this year, the National Wages Council also drew attention to the inefficient use of Singapore's labour resource. A case in point is that employers do not adequately tap the large pool of housewives who seek part-time work. Experience shows that mere persuasion
      141 words
  • REGIONAL VIEWPOINTS
    • Article
      Giving peace a chance
      155 12 IT APPEARS the 11-year-old Cambodian conflict is now entering the final phase of a multi-pronged diplomatic effort towards establishing a negotiated settlement not in a dramatic manner, but strangely enough, rather obliquely. Since Indonesia has invested so much of its diplomatic resources in the search for
      155 words
    • Article
      One year after Tiananmen
      153 12 CHINA APPEARS to be making conciliatory gestures as the anniversary of June 4 approaches, in marked contrast to its hard-line of the past 11 months. Communist Party Chief Jiang Zemin has said that the Beijing leadership "learnt by their mistakes" and any similar demonstration would be
      153 words
    • Article
      Election questions
      176 12 THE PARTI BERSATU SABAH (PBS) government has decided to seek a fresh mandate a year ahead of the expiry of its present tenure. Even though it had a solid majority in the State Assembly that was dissolved on Saturday 39 scats plus six nominated members out of 54
      176 words
  • Article, Illustration
    Lock icon Coming to terms with a new world
    1153 12  -  The first post-Cold War meeting between presidents Bush and Gorbachev promises to be quite radical, says R W Apple Jr R W Apple Jr NYT TODAY'S summit conference between President Bush of the US and President Gorbachev of the Soviet Union, the first
    NYT  -  1,153 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      126 12 I 1 Meet with success in Kuala Lumpur. At the new Regent of Kuala Lumpur, our meeting facilities ;ire making people talk. Because we present you with the most impressive choice of venues in town. You can choose from our splendid Boardri*>m with its sleek, black granite and leather conference
      126 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      48 12 DOONESBURY AND ml- I TMNK* AM* OF^LFSE, M&6OM6 TO MY CIAN PR RUPY KLEIN AIPS IS I KLEIN TO YOU' HE /5 THE BEST, I TP JUST UKB HE HAS TO MEMORIAL SERVICE' j/J *****, BUT THIS MAN NEVER m. THE ABSOLUTE BEST! J TOSAi UP IN T^WKE^ME
      48 words
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  • ANALYSIS
    • Article
      How to move to the top and stay there
      834 13  -  South Korea has much to learn from the sad experience of Latin America and East Europe, explains Paul Samuelson Paul Samuelson Paul Samuelson is a Nobel prize-winning economist THE STORY of South Korea in the last half of the 20th Century
      834 words
    • Article, Illustration
      South Korea — case of a miracle gone sour
      1365 13 South Korea case of a miracle gone sour Seoul possesses all the signs of an overheating economy and is suffering from a massive case of indigestion A CLASSIC conundrum of stockmarket investing is that the cure for economic woes often involves some nasty medicine which, as a side effect, is
      1,365 words
    • Article, Illustration
      Lock icon Koreans know their onions and inflation
      547 13  -  As real income shrinks, the can-do spirit sags, says John Battenfeld John Battenfeld Reuter KIM HEE-SOOK lost some of her confidence in the Korean "miracle" when the price of onions went up. Like many South Koreans, the 35-year-old Seoul office worker had grown accustomed
      Reuter  -  547 words
  • Page 13 Advertisements
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      41 13 <Sc Vietnamese Cuisine ENJOY A VARIETY OF 40 DIFFERENT DISHES AT $4 each >fC $$t M. 0^ f£|S 5® 3?tf- BS' -W~ J TROriCALINN SEAFOOD *«S»TAV«A N rU 82-01 Basement, Tanglin Shopping Centre. Tannin Rd. S*pe«e 1024. S *****20 e *****63
      41 words
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  • FOCUS
    • Article, Illustration
      High-flying treasury manager going places
      838 14  -  Catherine Ong, BT's Hongkong correspondent, profiles two Singapore money men who are making their mark in Hongkong Catherine Ong INGAPOREAN David Wong's rise in one of the world's top 30 banks is as fast il as the yen is falling. Barely two years after arriving
      838 words
    • Article
      Heading for the big time in the Big Apple
      286 14 A NOTHER Singaporean who has made it big in the international A. foreign exchange market is 38-year-old Timothy Teo of Morgan Guaranty Trust (MGT), a blue-chip name in 'Wall Street. Mr Teo, currently senior vice-presi-dent in the Hongkong office of MGT,
      286 words
    • Article
      Lock icon The world's most cautious investors move into uncertain HK
      788 14 NYT AT A TIME when thousands of Hongkong's elite are vying for Canadian passports and its oldest companies are registering in the Bahamas, something unexpected is happening in Hongkong. The Japanese, usually among the world's most cautious investors, are moving into
      NYT  -  788 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      151 14 export H In to your personal banking services, such as our DBS Autosave, mortgage loans, investments, foreign currency deposits, Autophone and a V V DBS Autobank. ill IHi If you are in IMM and would like a successful business parttf ;^JpPli v new IMM Branch. Mr Tan Hock, the Manager
      151 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edberg crashes out of French Open
      451 15 AP TOP-SEEDED Stefan Edberg was eliminated from the French Open yesterday. The error-plagued Swede fell to the patience and passing shots of skinny Spanish teenager Sergi Bruguera. Edberg, seeded No 1 in a Grand Slam tournament for the first time, lost seven consecutive games,
      AP  -  451 words
    • Article
      Lock icon Harwood wins European PGA
      223 15 AP AUSTRALIAN Mike Harwood birdied the 16th and 47th holes on Monday to hold off Masters champion Nick Faldo and win the EuYopean PGA Championship toy one shot in Virginia Wajjer, England. Harwood, who trailed jose-Maria Olazabal by a -stroke entering the final ground, shot a
      AP  -  223 words
    • Article, Illustration
      Lock icon Trevino's practising and waiting to make 18 holes in one
      889 15 NYT "in THE MONTHS before Let Trevino joined the Senior PGA Tour, he would smile and say: "I can't wait 4o play against the round bellies instead of the flat bellies." And play he has. Awaiting the Nynex/Golf Digest Commemorative
      NYT  -  889 words
    • Article
      Lock icon Soccer-mad Italy somewhat annoyed with World Cup
      441 15 AP WITH THE start of the World Cup only days away, many in soccer-mad Italy seem just plain annoyed. "Who needs the World Cup? Who needs this traffic? Are the organisers trying to provoke us? 1 am not even sure an Italian victory
      AP  -  441 words
    • Article
      Lock icon Cheever wins Indy's rookie award
      188 15 AP EDDIE CHEEVER, who fled the Formula One circuit for the ovals and road courses of his native country, was named Indianapolis 500 rookie of the year on Monday at the annual victory dinner. Cheever, 32, driving the car Emerson Fittipaldi drove to victory a
      AP  -  188 words
    • SIDE LINES
      • Article
        Jordan brings Bulls back to life
        204 15 MICHAEL JORDAN'S locker room tirade woke up the Chicago Bulls. Detroit coach Chuck Daly hopes the Pistons will have the same reaction to his own outburst. How the Pistons respond will determine who advances to the National Basketball Association Finals the Bulls or the
        204 words
      • Article
        An expensive team it is
        174 15 THE value of the Italian World Cup squad, at current soccer market quotations, has been estimated at a record U*****.5 million. Milan's weekly magazine Panorama, which surveyed the value of players of the 24 teams qualified for the filial round of the World Cup, stressed
        174 words
      • Article
        Baffi tastes victory
        82 15 ADRIANO BAFFI won his first ever stage victory on Monday, outsprinting Australian Phil Anderson and Dutch Jean Paul Van Poppel at the finish to take the 11th leg of the Tour of Italy cycling race. Italy's Gianni Bugno, who finished 45th in a large pack in the
        82 words
      • Article
        Walker wins first stage
        54 15 BRITISH cyclist Chris Walker, racing alone for the last '74 kms, won the first stage of the Milk Race on Monday by more than a minute over team-mate and compatriot Dave Rayaer. Walker, 25, finished the 183-km stage from Land's End to Plymouth in 4 hours,
        54 words
      • Article
        Chanet retains title
        135 15 VETERAN Frenchman Jean-Maurice Chanet retained his European heavyweight title on Monday night when he unanimously outpointed Britain's former title-holder Derek Williams but the contest had to be stopped for 10 minutes when violence erupted inside the specially erected tent in the Bois de Vincennes to the east
        135 words
      • Article
        Portuguese Piquet?
        89 15 BRAZIL'S former world champion racing driver Nelson Piquet has applied for Portuguese nationality, a Ministry of Tourism spokesman said on Monday. The spokesman was unable to say what his motives were. But the Portuguese daily Publico said Piquet wanted citizenship of a European Community country because without any
        89 words
      • Article
        Waitz's a godmother
        58 15 NORWAY'S Grete Waitz became godmother to the four-month-old son of marathon rival Joan Benoit-Samuelson of the US last weekend. The christening ceremony on Sunday came a day after Benoit-Samuelson won the women's Sognefjord Viking half-marathon race in Norway. With Waitz out with injuries, Benoit-Samuelson was more than
        58 words
    • Article, Illustration
      Lock icon The Flying Dutchman with the flowing locks
      454 15 AP FOR AT LEAST a year, Arie Luyendijk will be known as the fastest Indianapolis 500 winner of them all. For years longer, he may be remembered as the one with the flowing hair. So does that mean he can keep it that
      AP  -  454 words
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  • Article, Illustration
    The sky is no limit
    850 16 THE United Overseas Bank Group ended the 1980s with a bang, netting an all-time record profit after tax of $239.6 million for the year ended Dec 31, 1989. This topped its previous record net earnings of $172.2 million in 1988 when the group also distributed
    850 words
  • Article
    To boldly go where no local bank has gone before
    597 16 THE United Overseas Bank Group's vision for the 1990s has shifted beyond the domestic horizon to the global arena where it aims to carve itself a niche. The Group strives to "provide the highest level of customer service both locally
    597 words
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  • Article, Illustration
    United Overseas Bank Group financial summary
    6 17
    6 words
  • Article, Illustration
    UOB share price and turnover
    36 17 Share Price Highest Lowest Average Last Done Ratio* Dividend Cover (times) Net Asset Backing Per Share adjusted Earnings Per share (cents) Dividends Per Share (cents) Net Dividend Yield Price Earning Ratio
    36 words
  • Article, Illustration
    Customer service comes first
    614 17 WITH the mature domestic market giving limited scope for growth, United Overseas Bank Group's Chairman Wee Cho Yaw has mapped out the Group's aim in the 1990s as becoming Singapore's leading international bank. To acquire a better standing in the global arena, the UOB Group intends
    614 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      736 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... ■i■ i Time for Karaoke in The Streets. Sunday to Thursday: 6 Friday, Saturday 6 pre -3 am &phevb (sis++) Happy Hours flat! Plaza HC^EL *<■ v «COtCOMCI« >C Hwb Knari xn&i|» r l»7l'J
      736 words
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      Page 18 Advertisements Column 2
      260 18 ELEMENTS OF GUANGDONG fr If V The art of unlocking the delicate |m/\ flavours of fowl, fish and game with nMoSrr subtle touches of condiments. That's 35th floor Guangdong cuisine. Taste for yourself its delicious variety at the Pine Court Guangdong Buffet Lunch May 1-31, Noon-2.30pm Adult: $26++, Child below
      260 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      788 18 TELEVISION AND RADIO 1 SBQI2 ftfiC? < available to her. Caroline I UllHttCrCCl IIIUSIOnS jg rilllir*" ITm!*! nrt htm £T £S!TIJ!£ Mean" BBC. W.» mHI 111 VHF Bud II 8.05 iNsistit —60 Minutes (See while, Eric thinks it is high 7.10 am, 9.25 am, 1.30pm, ■HMfffnnTnil BL .J 2H. rCh
      788 words
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  • LIFESTYLE
    • Article
      American saxophonist wins Jazzpar Prize
      232 19 CHATTERBOX AMERICAN tenor saxophonist David Murray will be awarded the second International Jazzpar Prize, the awarding committee said on Monday. "Murray will receive the prize which is given to an internationally known and fully active jazz artist who is specially deserving of further acclaim," said
      232 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      295 19 AND ENTERTAIN A Yen For Fresh Japanese Food. I® LUNCH: I! NOON H| TO 2.15PM IS *"5 S DINNER: 6.30PM TO f jjjg J| 1015PM 1; IS 2 PRICES SUBJECT f HI TO 10% SERVICE IMB S CHARGE AND jr I gHMTvSESMBVVI 4% cess. Unkai flies in fresh ingredients daily
      295 words
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      Page 19 Advertisements Column 2
      94 19 Welcome to first class. SWING. If* lUifc Br En Sr. J rli PI IL 1 W| s -a!* wSSSLr 4tt In the 1920s Swing was discovered by wealthy European travellers who sailed first class on luxury transatlantic liners. The unique 'swinging' decanter, designed to gently embrace the precious amber liquid
      94 words
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      Page 19 Advertisements Column 3
      308 19 It's Now open on Wednesdays also I n #02-19 Raffles City Shopping Centre, Singapore 0617 Business Hours: 11.00 am to 9.30 pm Tel: *****08 Noted for delicious NASI PADANG j| NDEZVOUsjj^^ mC— Ukl J RESTAURANT pr HOCK LOCK KEE a ij^j' Classical Japanese Poop the true kaiser* snpx p Se
      308 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Slide in Tokyo prices softens market
      4496 20  -  By William Chia THE Singapore stock market closed lower on reduced volume yesterday as continued profit-taking and a sharp fall in Tokyo's Nikkei Index further depressed share prices. But the Straits Times Industrial Index of 30 Singapore blue chips closed a slight 0.87 point
      4,496 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4322 21 Main Board S Land Wits 845 +115 +15 8% Spore Land 1580 +110 +7.5% NOL Pref I0« 610 30 +5.2% OCBC Foreign 1150 +20 +1.8% CoJd Storage H 458 <-20 +4.6% Semb Shipyard 745 +15 +2.1% C&C 438 +12 +2.8% Roth Inds 50* 372 +12
    4,322 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      120 22 Company Oat* Year Group Net Nat earnings Gross ann to profit/loss (L) per share dividend (•000) (cents) Ming Court May 28 Dec 89 $2.362($2,856) 13 0(15.7) 3(3) Hong Fok May 25 Dec 89 $10.306($12.091L) 9«(-) 2(-) PM Hldgs May 24 Dec 89 $6.412($3.488) 42.7(233) 10(7 5) ROC May
      120 words
    • Article
      PROPOSED ISSUES
      354 22 Company Rights Issue Cataeway tw Capital reduction scheme to reduce par value of shares from SI 00 to t0 GO; Rights ssue ot 3 2 <*. JO 60 per share CM* One for one fe MS4 00 per share Every tour rights shares would be issued with one
      354 words
    • Article
      RESULTS DUE
      732 22 Singapore Stocks Last Full Yoar Company Penod Dal* Year Net EPS Gms Net mnanctd endM| (cents) 4» profit w n* (rooo) beta Final Feb 28 Not 89 391 100 11.728 Marcs Pais Fnal Mar 27 Occ 89 3.471L leong Huat Interim Mar 30 Dec 89 5351(h) M Cm*
      732 words
    • Article
      PRELIMINARY RESULTS
      112 22 Company Date Year Group pre-tax Not earnings Gross ann to profit/loss (L) per share dividend COOO) (cents) HTP Wdgs May 28 Mar 90 $2,791 ($3.0221) 2 6(-) JCMPti May 28 Mar 90 $19.615($27,145) 8 5(7.1) 10«(3) Dragon P May 22 Dec 89 M$14.660($15.590) 14 0(16 4a) 10TE(36TEa) George
      112 words
    • Article
      INTERIM RESULTS
      138 22 Company Date Half-year Group pre-tax 'l??*" ann to profit/los» (L) dividend (•000) Wearnes May 23 Mar 90 $28.406($19.539) 7(7) Van der Worst May 21 Mar 90 $1,836(5315) -(-> Goodwood Park May 16 Mar 90 115.208(17.106) 30b(10) H Msta May 16 Mar 90 $1.725($592l) 5(-) Spore Land May 4
      138 words
    • Article
      CORPORATE DEVELOPMENTS
      140 22 May 28 The Keppet group, together with Temasek Holdings, holds 92.1% of Asia Commercial Bank Ltd They also own 93.2% of ACB's convertible unsecured loan stock (CULS) 1987/20i2. Landmarks Holdings Sdn Bhd said it will buy a 50% stake in ÜBN Holdings Sdn Bhd from Peremba Bhd for
      140 words
    • Article
      DIVIDENDS ANNOUNCED
      1295 22 Current Ex Books Date Total for Total for paynont data dose payable the year last year BM 8% Jun 8 Jun 22 Jul 2 8% 5% Bomtsfc 3% Jun 25 Jul 6 Jul 18 3% 3% Bowttad 5% (I) Apr 18 May 4 Jun 7 5% 151 Bousttadco
      1,295 words
    • Article
      BONDS, LOANS & WARRANTS
      690 22 BONDS, LOANS WARRANTS Cwepany CmmtsIm pwM CmmtsIm tana far mm artery skara C4C Before 26/4/93 _1 warrant plus (3 09 cash CaaMway Low Cjumwjt Ml 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 wvrant plus $1 nominal amount ot loan stock Chun lUn Chuan Hup Wt March 87
      690 words
    • Article
      APPROVED ISSUES
      417 22 Company Rights Issue Mi Or* to*-one $185 per share Ex-date Apr 23 Books Close May 7 Acceptance I Payment Jun 15 B8 Corpn Onetor three fe MSI 60 per share *****1m IS Convertible Unsecured loan Stock of M$1 00 nominal value to be issued on the base of
      417 words
    • Article
      RECORD HIGHS & LOWS
      124 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 1*,: 1402 22 (6/2/90) J* |«JJ.12 (27/3/90) 1990 km 1254 18 (2/5/90) g J* J* 88 <2/5/90 1989 hifh: 1322 00 28/12/89) 19«9 *****6 26/12/89) 1989 low 917 42 (4/1/89) 19W 1030 69 <4/1/89) 1988 high: 1043 86 8/8/88) 19S
      124 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      207 22 Global Strategies Supplement 1990 'Global Strategies: World Class Partnerships' is the theme of Business Times' second Global Strategies Supplement. To be published on June 4, 1990, it will coincide with the Global Strategies Conference a meeting for over 1,000 senior executives from multi-national corporations and local companies to discuss key
      207 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market loses ground in selective trading
      3730 23 Bernama SHARE PRICES continued their downturn on the Kuala Lumpur Stock Exchange (KLSE) in selective trading yesterday. Attention was focused on selected counters in the industrial, properties and hotels sectors. The KLSE Composite Index dipped 4.24 points to 581.80 while the Industrial Index sank
      Bernama  -  3,730 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      62 23 ANNOUNCEMENT 1 t k 2 SINGAPORE I WM H B| Hi i ■MMHaHH ■■■■■■■i A I Buy a copy of Business Times on 5 June and get a copy of Singapore Business FREE. SUBSCRIBE TO SINGAPORE BUSINESS AND YOU COULD GET J Chivcis Regal plus lucky draw prizes For Enquiries,
      62 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market finishes sharply lower on yen's fall
      2311 24 Reuter TOKYO STOCKS closed sharply lower yesterday as the yen declined against the dollar. Prof-it-taking after five consecutive days of gains and resistance after the market hit the half-way point in making up this year's losses also pushed prices down in moderately heavy
      Reuter  -  2,311 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish easier in hesitant trade
      2693 24 Reuter iHONGKONG STOCKS ended lower as traders awaited the World Bank's decision due later yesterday on resuming loans to China. "The feeling (on the World Bank's decision) is quite positive but the market feels there's no sense in rushing it," said Ferris Bye, director
      Reuter  -  2,693 words
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  • REGIONAL STOCK MARKETS
    • Australian market closes at day's high
      • Article
        SYDNEY
        1131 25 AUSTRALIA'S sharemarket closed firmer yesterday, dominated by optionsrelated trading in National Australia Bank and a sharp rise in Wormald International's share price. The All Ordinaries Index ended 10.9 points higher at 1,494.3, its high for the day. Turnover in NAB was 13.47 million shares, worth A586.2l million, dominated by
        1,131 words
      • Article
        TAIPEI
        352 25 TAIWAN'S stock market, buoyed by Saturday's rebound, finished higher on active buying by small investors and big players yesterday, dealers said. The weighted index gained 399.31 points, or 6.3 per cent, to end at 6,703.06 against Saturday's 6,303.75. Turnover rose to NT579.5 billion against NT543.2 billion. Dealers said investors
        352 words
      • Article
        SEOUL
        821 25 SEOUL STOCKS rose in thin trading yesterday as a market stabilisation fund bought stocks, but most individual and institutional investors were sidelined. The composite index closed at 783.87, up 5.64 points from the previous close. Turnover was 146.3 billion won against 95 billion at Monday's finish. The fund is
        821 words
      • Article
        MANILA
        476 25 PHILIPPINE SHARES closed lower yesterday as traders scrambled to sell them at the last minute, pulling the main index down to a new 15-month low, brokers said. The Manila Stock Exchange composite index settled at 860.72 points after shedding 20.51 from Monday. Combined turnover on Manila's two bourses fell
        476 words
      • Article
        BANGKOK
        679 25 HEAVY LOSSES in early trade on the Thai stockmarket were cushioned by a late burst of bargain-hunting on finance and securities stocks yesterday, brokers said. The official SET Index fell 7.57 points to close at 975.50. Turnover came to 37,195,731 shares worth 3,774.08 million baht. Siam Cement was 100
        679 words
      • Article
        JAKARTA
        411 25 PRICES on the Jakarta stock exchange ended little changed yesterday, with the composite index edging up 1.01 points to 641.14. the exchange said. "Buying interest is pretty strong, bui prices hardly moved because of limited cash," one broker said. Finance fitm PDFCI and copper producer Inco Indonesia continued to
        411 words
      • Article
        Lock icon BOMBAY
        83 25 Reuter BOMBAY share prices ended mixed yesterday after a bullish opening triggered profit-taking, led by state-owneu mutual funds, brokers said. The Bombay Stock Exchange indfcx rose above Monday's all-time high -ol 810.15, closing up 1.44 points at a neu record high of 811.59. It earlier opened at 812.65 and
        Reuter  -  83 words
      • Article
        Untitled
        690 25 Close Previous May 29 May 28 SYDNEY All Ordinaries Index 1,494.3 1,483.4 +10.9 All Industrials Index 2.329 2 2.314 0 +15.2 All Resources Index 857.4 850.0 +7.4 Turnover (million) 76.57 63.43 +13.14 BANGKOK SET Index 975.50 983.07 -7.57 Turnover (nearest '000) 37,196 34,750 2,446 JAKARTA Composite Index 641.14 640.13 +1.01
        690 words
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  • London market recovers in early trade
    • Article, Illustration
      LONDON
      1060 26 UK SHARES secured strong gains in thin morning trading yesterday, as the market took heart from a firm FTSE futures market and weak selling pressure. Dealers said the market's rally was encouraging given that stocks moving ex-dividend shaved 4.35 points oft the FFSE index. "The market is creeping cautiously
      1,060 words
    • Article
      FRANKFURT
      346 26 WEST GERMAN share prices ended higher in a reasonably active session yesterday as sentiment swung trom the hesitant mood which has repeatedly dogged the market in the last few weeks to a more positive attitude. "The economy's in good shape, everything looks good for the German market. The only
      346 words
    • Article
      PARIS
      250 26 FRENCH share prices yesterday erased early minor losses, as Elf's rebound pulled the wider market up but trading remained very thin, dealers said. The CAC-40 index gained 7.74 points to 2,122.13 by 1107 GMT. It had started 4.79 points down at 2,109.60. Elf rose eight francs to 704 with
      250 words
    • Article
      ZURICH
      381 26 SWISS SHARES were about one per cent higher in lively trading at midsession yesterday. Dealers said expectations that Swiss interest rates had reached their peak supported sentiment. Buying interest focused on blue chips, with insurances leading the market higher. The SMI index of leading shares was 27.2 points higher
      381 words
    • Article
      AMSTERDAM
      360 26 DUTCH SHARES continued firmer in thin early afternoon trading yesterday, with sentiment positive but cautious ahead of Wall Street's opening after a US holiday on Monday, dealers said. At 1130 GMT, the CBS all-share index for the Amsterdam bourse was up 0.6 points at 119.9. "There's no specific reason
      360 words
    • Article
      MILAN
      240 26 GOOD DEMAND for blue chips, particularly chemicals firm Montedison, helped lift Italian shares close higher in fair volume yesterday, brokers said. The MIB index climbed four points, or 0.37 per cent, to end at 1,079. The index was shown 0.56 per cent higher in late afternoon trading. The market
      240 words
    • Article
      Lock icon JOHANNESBURG
      466 26 Reuter THE JOHANNESBURG stock market was firm at midday yesterday, helped by modest gains in gold shares as the bullion price held at slightly firmer levels, but trading remained quiet and cautious. "The fact that gold has hit U*****.75 gave the maiket a little bit of heart," a dealer
      Reuter  -  466 words
    • Article, Illustration
      Untitled
      963 26 May 28 Close Previous NEW YORK Dow Jones Closed 2,820.92 NYSE Financial Closed 145.83 SAP 500 Closed 354.58 Turnover (million) Closed 122.00 LONDON Financial Times 30 Closed 1,800.0 FTSE 100 Closed 2,265.6 Turnover (million) Closed 385.6 AMSTERDAM CBS General 197.30 197.50 -0.20 BRUSSELS Slock Index 6178.85 6153.76 +25.09 FRANKFURT FAZ
      963 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ holding firmer in early European trading
      901 27 REPORTS THE US dollar was holding firmer during early trading in Europe yesterday after recent holiday breaks. Dealers said business in the US dollar/yen and the mark/yen cross dominated the markets. Traders were liquidating long yen positions as the yen came under pressure
      901 words
    • Article
      Lock icon Bundesbank to head E German ops from Reichsbank building
      285 27 Reuter THE West German Bundesbank, taking over East German money on July 1, will run its new job from the austere grey Reichsbank building, the economic headquarters of the German Empire until Adolf Hitler's death. Until the collapse of the communist
      Reuter  -  285 words
    • Article
      Lock icon US Treasury bill market awaits employment data
      549 27 Reuter FEW TRADERS are expected to stake aggressive positions in the US Treasury securities market this holi-day-shortened week ahead of the critical May US employment data on Friday, economists said. The employment figures will probably set the market's tone for weeks to come,
      Reuter  -  549 words
    • Article
      Lock icon No rate cuts in sight: Aussie governor
      191 27 Reuter AUSTRALIAN Reserve Bank Governor Bernie Fraser said no further changes in official interest rates are expected for the time being. Mr Fraser said in a speech to a business group that changes to monetary policy had cut official rates by 3 percentage
      Reuter  -  191 words
    • Article
      FINANCIAL FUTURES
      1165 27 SIMEX EUOOOOU-M Open High Low Sett Est Vol Op/lnt Vol Jun 90 91.57 91.59 91.57 91.58 932 ***** 513 Sep 90 91.52 91.54 91.51 91.53 3292 ***** 1761 Dec 90 91.40 91.41 91.39 91.40 457 4241 377 Mar 91 91.23 91.26 91.23 91.26 77 610 10 Jun 91
      1,165 words
    • Article
      INTERBANK FOREX RATES
      392 27 Cross rates May 29 USS S$ MS Dm Yen SFr A$ NZS USS 1.8480 2.6970 1.6710 149.45 0.5891 1.4135 1.3012 1.7391 S$ 0.5411 1.4594 0.9042 0.8087 0.3188 0.7649 0.7041 0.9411 MS 0.3708 68.52 0.6196 0.5541 0.2184 0.5241 0.4825 0.6448 Dm 0.5984 1.1059 1.6140 89.44 0.3525 0.8459 0.7787
      392 words
    • Article
      MONEY MARKET
      551 27 Interbank rates SS Bid Offer Overnight 5 3/4 6 1-month 8 1/8 8 1/4 2-month 7 7/8 8 3-month 7 7/8 8 Overnight mode: 6-5/16 LS$ Bid Offer 7 days 8 3/16 8 5/16 1 month 8 3/16 8 5/16 2 months 8 1/4 8 3/8 3 months
      551 words
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  • Article
    PRICES
    944 28 Rubber May 29 IHII-ll-W S Noon Close Int 1 RSS Prompt 156.7 V157.75N 157 00/158 OON Int 1 RSS June 90 158 50/159 00 158.75/159.25 Int 1 RSS July 160.25/160.75 160.50/16l.OON Int 2 RSS OP I53.00/I55 00N 153.00/155.00N Int 3 RSS OP 147.50/I49.50N 147.50/149.50N Int 4 RSS OP 143.50/145.50N
    944 words
  • COMMODITIES
    • Article
      Lock icon KL banks hold on to tin stocks despite dispute settlement
      443 28 MBT TWO Malaysian banks, Bank Bumiputra Malaysia and Malayan Banking, are still keeping their tin stocks, two months after the out-of-court settlement between the International Tin Council (ITQ and its creditor banks and brokers. More than 7,000 tonnes of tin,
      MBT  -  443 words
    • Article
      Lock icon Three Gulf oil producers set to stabilise market: Oteiba
      290 28 Reuter UNITED Arab Emirates Oil Minister Mana Said al-Otei-ba said on Monday that three major Gulf Arab producers were ready to act to prop up falling oil prices. "We are always ready to do what we see fit to restore stability
      Reuter  -  290 words
    • Article
      Gold closes higher in HK on short-covering
      814 28 REPORTS HONGKONG: JAPANESE and Swiss stop-loss short-cov-ering and speculative buying pushed gold to close higher in cautious trade, dealers said. Bullion ended at U*****.30/80 an ounce against Zurich's U*****.50/U*****.00 close. Monday was a market holiday in New York. Local gold ended HK$6 higher
      814 words
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      Page 28 Advertisements Column 1
      467 28 NOTICES •ONVCSTt HOUNNM LNMTtO (Iwjoipf—d In the *epab#e of Singapore) LOST STOCK CWTWCATM Applications have bun made to the directors of the abovenamad company to issue duplicate stock certificates m place of the following stock certificates which have been reported loat or destroyed: No. of stock units Cei llfli ate
      467 words
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      Page 28 Advertisements Column 2
      87 28 CENVIN PROPERTY FTfL LTD (In Members' Voluntary Liquidation) notice of final meeting NOTICE IS HEREBY GIVEN pursuant to Sections 308(1) and (2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 220 Orchard Road #05-02 Midpoint Orchard Singapore 0923
      87 words
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      Page 28 Advertisements Column 3
      32 28 Bknv A Gasket Wit Im hi( Your Cool. only $4.50 How to look after your car covering every popular make and model. Available weekly at major bookshops and news stands STP Distributors
      32 words
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      Page 28 Advertisements Column 4
      32 28 A UNIQUE THREE-PART PACK THAT TELLS THE REAL STORY OF WORLD WAR II 1 uaR&fIHE J Zsksst I MEVJSPAPERj p kmpMGH MAP 1 Available at all good bookshop* and newsagent* STP Distributor*
      32 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1013 29 City FVgM ETA FHfM ETD *km DImW GA895 1235 GA886 0010 mUH* QF7 2025 SQ227 2250 Amsterdam GA895 1235 KL814 1720 KL813 1455 QF15 2215 Auckland TE25 1800 SQ388 2025 TE28 1920 QF9 2230 fmtr- S*ri B1421 1100 SQ128 0915 Iiiiim SQ181 1410 BW22 1205 *****
      1,013 words
    • Article, Illustration
      China denies backpackers entry to Lhasa
      653 29  -  GOING TO TIBET By James Kynge CHINA will soon relax restrictions on tourism in the Himalayan region of Tibet but budget backpackers, accused of inciting rebellion there in the past, will remain barred, officials have said. Drawn by the recent lifting of martial law
      653 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4070 1.4270 Canadian dollar 1.5500 1.5700 NZ dollar 1.***** 1.1090 Sterling pound 3.1120 3.1320 US dollar 1.8430 1.8530 IiOcal dollar? to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      73 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jun M International Italy E.A Fiera (39)2/***** Jun 7-13 International Fair West Dussddorfer (49)211/4560 Exhibition Internationale for Packaging Germany Messegesellof Gift Arti Milano Machinery. schaft mbH des. Fancy Packaging Nowca Goods Items Materials Confectionery Jun 4-8 International
      73 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      56 29 1 i he business person's choke e\er\ Tuesdas. T W g hursdas. Viturdav andSundav. Lea* ini>( hanj;i I I I I ft W \irport hours and arming at 1 ester B. M J M J X. JL Pearson International Airport the laHovingifot. A H i; K I H OI- F
      56 words
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      Page 29 Advertisements Column 2
      215 29 Global Strategies Supplement 1990 'Global Strategies: World Class Partnerships' is the theme of Business Times' second Global Strategies Supplement. To be published on June 4, 1990, it will coincide with the Global Strategies Conference a meeting for over 1,000 senior executives from multi-national corporations and local companies to discuss key
      215 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      274 29 1 Electrical topic in this week's magazine BB KB |H 8 Affront adjutant general in BB BB H—BB BB extravagant surroundings 9 9 9 Dollar was handed over for a tool (7) 11 With regard to a rota, his I I 1 I I 111 l L pragmatic BB BB
      274 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      212 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report: Max temp 33.TC Assoc humidity 59% Min temp 26.3* C Assoc humidity 78% Hrsof sunshine 6.10 Rainfall in mm Trace Rainfall this mth 175.2 Rainy days this mth 10 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/12
      212 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      12 29 lii.mVyjWß'JßWa L£Av£TMcm. fWfte. C>UL.N ppfeß rooMgH SS&3S v&sJ V 1 MMHMkmtMi O(6C
      12 words
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  • Article
    Lock icon Toyota to set up new units in Philippines, M'sia and S'pore
    447 30 AFP TOYOTA MOTOR Corp of Japan has announced a US$l6O million plan to set up new plants to produce automotive parts in the Philippines and Malaysia, overseen by a new management subsidiary in Singapore. The three new companies are
    AFP  -  447 words
  • Article, Illustration
    Lock icon All eyes on junta after Myanmar polls
    406 30 AFP MYANMAR may get a chance for democracy after surprisingly fair elections held to end dictatorship, but people in Yangoon say that they are wary. A diplomat, edging towards optimism about the ruling junta's intentions, yesterday cautioned: "If they start to stonewall, it
    AFP  -  406 words
  • Article
    PM offers tips on development to Scottish agency
    234 30  -  From Margaret Thomas in GLASGOW PRIME MINISTER Lee Kuan Yew yesterday offered his recipe for successful economic development to top officials of the Scottish Development Agency (SDA). Invest in the training and development of your people to their fullest potential; build a
    234 words
  • Article
    Lock icon Malaysia keen to sell US$ lb Sabah gas project
    286 30 Reuter MALAYSIA is keen to sell its US$l billion Sabah gas project, a senior government official said in Kota Kinabalu yesterday. Sheriff Kassim, the director general of the Prime Minister's Economic Planning Unit, said investors from Japan, Europe and New Zealand
    Reuter  -  286 words
  • Article
    Lock icon Rivalry stalling Asean pipeline plan: analysts
    457 30 Reuter INTENSE RIVALRY for foreign investment and new markets is stalling an ambitious plan to link the Asean nations with a US$lO billion gas pipeline, industry analysts say. "Asean's long history of competing economically will hold the project back," Wan Leong Fee, a Malaysian
    Reuter  -  457 words
  • Article, Illustration
    Lock icon Hussein Onn dies
    367 30 AFP FORMER Malaysian Prime Minister Tun Hussein Onn, who died in a San Francisco hospital on Monday, is remembered as a reluctant premier who rose to Malaysia's highest office from relative political obscurity. After leaving the United Malays National Organisation in the early *****, Tun Hussein re-emerged
    AFP  -  367 words
  • Article
    Chaovalit warns against effects of corruption
    361 30 THAI Deputy Prime Minister Chaovalit Yongchaiyudh has warned that corruption in Thailand is threatening to bring down the nation, the Bangkok Post reported yesterday. General Chaovalit, who oversees the Counter Corruption Commission and is also the Defence Minister, vowed to end widespread graft in
    361 words
  • Article
    Lock icon KL assures investors of attention to support facilities
    210 30 Bernama MALAYSIA has assured foreign investors and potential investors that infrastructural constraints and all other support facilities are being given priority attention by the government. I Trade and Industry Minis-; ter Datuk Sen Rafidah Aziz acknowledged that there had been some under-provision;
    Bernama  -  210 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      92 30 EYE™ 2 WOODS J Larger sweet spot Faster head speed^^ iIPING^f "For tt>OM who wont to p»ay th»4r I Jll WfV*' fn B HBtV y-V I'l tn |n|* n H Lunch or Dinner at a Village IWI ffl H Atmospheric Restaurant, one lwl^7^V^Jllwl of the very few in Singapore' a
      92 words
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      Page 30 Advertisements Column 2
      3 30 Editorial, Pg 12
      3 words
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      Page 30 Advertisements Column 3
      80 30 •XRNG* PaS? Laracr fac* FYF2 and liftingafW. I SolW f«l on Color-Coded iisES 1, New clubbed irons weighting HUSA INNOVATIONS see the latest products and services being offered by over 200 U.S. firms at the "Marketing USA" catalog exhibition. If you are looking for new lines to represent, this is
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  • Shipping Times
    • Article, Illustration
      S'pore Telecom to boost its training programme
      374 31  -  By Teh Hooi Ling TO REINFORCE its role as the telecommunications centre in this region, Singapore Telecom is stepping up its already massive training programme. It will enlarge its training centre and upgrade it to the status of an academy. Some 14,000 local
      374 words
    • Article
      M'sia makes substantial improvements in simplifying trade documents
      334 31  -  By Othman Abu Bakar MALAYSIA has made substantial progress in simplifying and standardising its trade documents in the last five years, said Professor R N Shivpuri, a United Nations (UN) consultant. The improvements include: simplification of exchange control formalities; a 50 to
      334 words
    • Article
      More box freight handling stations for China likely
      311 31 MORE CONTAINER freight handling stations are likely to be set up in selected areas of China, given the country's growing sophistication in shipping manufactured goods, said a senior shipping official. Mr Stanley Shen, OOCL (Hongkong) managing director, told the South China Morning
      311 words
    • Article
      Lock icon JAL, Lufthansa and Nissho to take stake in DHL
      242 31 Reuter JAPAN Airlines Co Ltd (JAL), Deutsche Lufthansa AG and Japanese trading company Nissho Iwai Corp agreed with courier service DHL World Express to take a total of 12.5 per cent in each of its Asian and European holding companies, a
      Reuter  -  242 words
    • Article
      Lock icon Hapag-Lloyd profit unchanged despite sea transport losses
      194 31 AFP WEST GERMANY'S leading shipowner Hapag-Lloyd said on Monday that its profit was unchanged last year from the 1988 level at 41 million Deutschemarks (U5524.6 million) despite losses on its sea transport services. Maritime transport, which accounted for 64 per cent of total
      AFP  -  194 words
    • Article
      US-British venture to plan HK's new airport
      362 31  -  By Rahita Elias AN AMERICAN-BRITISH joint venture has won the main contract to draw up the master layout plan of Hongkong's US$4.4 billion international airport. The company, Greiner Airport Consortium, is a tie-up between Greiner Inc, a leading US airport planning consultant firm,
      362 words
    • Article
      Bangkok plans bullet train link with eastern seaboard
      269 31 THE STATE Railway of Thailand has unveiled its plans for a "bullet train" linking Bangkok with the eastern seaboard industrial zone. The project, to be developed jointly venture with the private sector, would meet the transportation needs of the more than 100,000
      269 words
    • NEWS SUMMARY
      • Article
        A passion for shipping
        40 31 FEW would give up immediate material gain for nothing but some words of promise. Doreen Lim, a shipping assistant some IS years ago, did. And her decision, criticised by some then, has paid off. Page 2
        40 words
      • Article
        Japan's gas utilities building tankers
        40 31 JAPAN'S three major city gas utilities are pushing aggressively into the liquefied natural gas business. So aggressively, in fact, that they are even building specialised carriers in order to import the material themselves Page 2
        40 words
      • Article
        US, Soviet Union reach agreement
        24 31 AMERICAN and Soviet negotiators have reached an agreement that would triple airline capacity between the two countries Back Page
        24 words
      • Article
        Swiss project to cost 10b francs
        39 31 A SWISS project to expand its trans-Alpine rail links to cope with an expected huge rise in traffic in the next 30 years is expected to cost 10.1 billion Swiss francs Back Page
        39 words
      • Article
        Mexicana to buy 16 Airbus A320s
        25 31 MEXICANA de Aviacion airlines will buy 16 Airbus A32os and has taken an option on 14 more Back Page
        25 words
      • Article
        Romanian seamen on strike
        28 31 A STRIKE by 10,000 Romanian seamen has halted domestic shipping and supplies of raw materials to heavy industries on the lower Danube Back Page
        28 words
    • LOG BOOK
      • Article
        France Telecom taking stake in Lyonnaise unit
        92 32 STATE-OWNED TELEPHONE BODY France Telecom is to take a 10 per cent stake in French water utility Lyonnaise des Eaux's cable television subsidiary, the two groups said in a joint statement. The communique did not say how much the stake in subsidiary Lyonnaise
        92 words
      • Article
        Alitalia, US Air sign pact
        88 32 ITALY'S STATE-CONTROLLED carrier Alitalia SpA and US Air have signed a cooperation accord improving Alitalia's access to the US market and offering the US airline's passengers connections to Eastern Europe and the Mediterranean. Alitalia would be able to reach 41 new destinations in the US
        88 words
      • Article
        Egypt nabs heroin smugglers
        89 32 POLICE AT CAIRO AIRPORT caught 13 Nigerians on Sunday who had swallowed capsules of heroin to smuggle them from Bangkok to Lagos, security sources said. They said Five men and eight women were caught with 20 kg of heroin with a street value of US$7.4 million.
        89 words
      • Article
        Syncrolift for Madras port
        60 32 MADRAS PORT HAS now acquired the Syncrolift with an articulated platform and a handling capacity of up to 48,000 tonnes. A platform on the same level as the shipyard work areas provides easy access for workers and optimises man/material flow. Such an installation can serve several
        60 words
      • Article
        Flight schedules disrupted
        84 32 AIR FRANCE AND AIR INTER cancelled about half their domestic and medium-range flights on Monday because of a one-day strike by air controllers and technical workers in Paris and central France. Air France's long-distance flights were not affected by the strike, called to seek better working conditions
        84 words
      • Article
        Norasia to call at Malta
        57 32 NORASIA LINE will add the container terminal of Marsaxlokk (Malta) to its ports of call in its weekly service between Europe, the Middle East and the Far East from next month. Feeder services will be operated from Malta to the Adriatic ports of Ancona, Venice,
        57 words
    • Article, Illustration
      A passion for shipping
      925 32  -  Few would give up immediate material gain for nothing but some words of promise. Doreen Lim, a shipping assistant some 15 years ago, did. And her decision has paid off. Today, as general manager of Dodwell Shipping, she passionately describes her career in the shipping industry
      925 words
    • Article
      Lock icon Japan's utilities push into LNG market
      548 32 The Japan Economic Journal JAPAN'S three major city gas utilities are pushing aggressively into the liquefied natural gas business. So aggressively, in fact, that they are even building specialised carriers in order to import the material themselves. Tokyo Gas Co, Osaka Gas Co and
      The Japan Economic Journal  -  548 words
    • Article
      TRANSPORT DIARY
      737 32 Feb 7-Jun 6: Sea Transport covers transport geography, liner and tramp shipping, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road. #13-314 The Plaza, tel no: *****45 (for members only). May 16-Jun I: PSA/SFFA Dangerous Goods Course, conducted by the Singapore Freight Forwarders
      737 words
    • Article
      THE SHIPPING GUIDE
      12500 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,500 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        551 47 Vend Wo* No Berth Vmi Departue Ve»el Voy No Berth Arrival Departue KanoAl Wharves Pwneer Sup 49B P20 atongside 30.05/0700 Kota Alam E853 K32 alongside 29 05/1500 Str Hope 05£ P1B atongside 91*^5? Mi nhj 1/90 R31 atongside 29 05/1400 Viet Xo 04 1/90 PIC atongside 30
        551 words
      • Article
        CONTAINER SCHEDULE
        1457 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Transtamer SchttUts Shp Voy No Ait Date fine From To Booki* Gate M (*> Sh Aka Bhum 22S 01.06.90 0700 30/1730 30/1814 Portnet 2 A2 00 F05 31/0530 31/0559 NA 2 i An Fronantte ***** 31.05.90 0800 30/1215 30/1314 Portnet
        1,457 words
      • Article
        IN MALAYSIAN PORTS
        363 47 Port KUf i South Port Bunga Sepang berth 2; Captain Mtchalis berth 3; Mercury Peart berth 4; Nasional iaya berth 7; Melaka Jaya I berth 7A. KCT: Bunga Bindang berth 8; Ever Globe berth 9; Eagle Wind berth 9. North Port Posyet berth 11; Bangluang berth 12,
        363 words
    • Article
      DAILY FREIGHTS
      921 47 THE DRY cargo freight market was quiet on Friday ahead of the holiday weekend and brokers said there was a general feeling that the traditional quiet summer period was beginning. Details of two time-charter fixtures emerged on trans-Atlantic round voyages, which appeared to confirm the slight softening of
      921 words
    • Article
      Lock icon Airline capacity between US and Soviet Union to be tripled
      620 48 NYT AMERICAN and Soviet negotiators have reached an agreement that would triple airline capacity between the two countries, a US official said on Monday, and the pact is to be signed at the summit meeting this week of President Bush
      NYT  -  620 words
    • Article
      Lock icon Seamen's strike halts Romanian domestic shipping
      217 48 Reuter A STRIKE by 10,000 Romanian seamen has halted domestic shipping and supplies of raw materials to heavy industries on the lower Danube, trade union leaders said on Monday. One report said unloading by foreign vessels was being delayed at the port of Braila.
      Reuter  -  217 words
    • Article
      Lock icon Mexicana de Aviacion orders 30 Airbus A320s
      361 48 AFP MEXICANA de Aviacion airlines will buy 16 Airbus A32os and has taken an option on 14 more, a source close to the company said on Sunday. The US$l.2 billion contract, the largest yet signed by the European consortium in Mexico, includes spare
      AFP  -  361 words
    • Article, Illustration
      Lock icon Swiss rail plan to cost more than 10b francs
      298 48 Reuter A SWISS project to expand its trans-Alpine rail links to cope with an expected huge rise in traffic in the next 30 years is expected to cost 10.1 billion Swiss francs, Transport Minister Adolf Ogi said. "There's a lot going
      Reuter  -  298 words
    • Article
      Lock icon Airlines expand their partnership
      97 48 AP UNITED Airlines and Australian Airlines announced an expansion of their partnership aimed at coordinating schedules and other marketing programmes. The carriers plan to offer one-stop check-in for United and Australian connecting flights, through-checking of baggage between the domestic and international terminal at Sydney, concierge service
      AP  -  97 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      386 31 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING VESSEL/VOC SIN MAA CCU LEUVE 9125 10/6 15/6 J VESTA 04N90 07, 6 14/6 CALL: 224 6071 SEE PAGE 13 COLUMN 4 Bo **fy+ J! > VI p| r^ SIB CON' 9 0 13 &14 September 1990 World Trade Centre Singapore International Bunker Trade: Price
      386 words
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      Page 31 Advertisements Column 2
      25 31 Container Schedule 17 Index to Advertisers 3 Shppwg Guide 10.11 Stops n Port 17 Singapore Tries 17 Transport dory 2 Weather and Sea Condrtions 17
      25 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      91 32 w? y, t t »1 1 »I j 'I.**.'»/*«'*','« ',*»'»/»'/'«/».'/■'/*Vj e a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS
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      1644 33 snipping iUUVB) ffrunrmiwj ivm 2KV JARDINE SHIPPIS6 ACEHCIIS %lllf# 200 Cantonment Road #12 05 Southpomt, Smgapore 0208 \ll If# Tal *****11 TELEX NO RS ***** M ■yfrrrrmfj terminal/cfs I" Dmu9 '1 bookings t«< *****34 23s LSkJ p,a?sffl-s» KKi«mi">oK/uoon cfs m wm, h> Cjuality jWWIIIHI pgoffi "^"nl I VESSEL/VOYAGE TIBH CHA
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      Page 33 Advertisements Column 2
      1264 33 MDEXf TygWßgg Pane Col Co< I A ~1 I M ~1 ABCConU.ncri.nc 13 5 Mac-Nds AgcrK.es 14 1/2 Accord Shpg 8 J-5 Macol"* 4/2 Albatros Sea-Air 14 5 Madju Sdn Bhd 16 1/2 1 Alfred CToepfer 15 5 Maersk Une 4/ j Ahrenk.elL.ncr 16 5 Ma.nfre.ght 5 4 APC Line
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      1310 33 VOV I ETA I ETO 'Port 1 destinations Sirvgapor* Kelang Th.t M« M 9002 Fe«Jef Oy Ss M MIA CHS BAL PHL_ NVC_ MO^ MAjeSTK: M 9002 V 6 "J® *¥1 *6% 9/7 10/7 l|/7 .6/7 15/7 .6/7 .6^ MCKINWVM 9006 .2/6 IV6 7* 30« VI W 23,7 22/7 23/7
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      Page 34 Advertisements Column 1
      1118 34 ROTTERDAM/ VOY NO S PORE P KELANGt SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS 93/562 31/5 26/6 19/6 22/6 18/6 25/6 STAR LORRAINE 01/566 6/6 1/7 5/7 3/7 HAMBURG EXPRESS 96/565 7/6 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 95/566
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      Page 34 Advertisements Column 2
      636 34 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 Afl«nt«: f=T3&/Z\[Xll SINGAPORE: *****56 BOOKINGS: *****08 7 i }^l 225 JOHORE: OT7 *****2 PENANG: 04-*****7 NORTHBOUND
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      Page 34 Advertisements Column 3
      1307 34 I «BMiAsin HBMHI REGULAR INDEPENDENT RILL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA A.- "AM ROT NORASIA PEARL 9013-3 01/06 05/06 23/06 2S/06 27/06 29/06 30/06 01/07 02 07 03/07 NORASIA PRINCESS 9014-3 09/06 13 06 30/06 02/07
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      Page 35 Advertisements Column 1
      1730 35 "—j fijgSieamers Maritime Holdings Ltd Containers mm-**-™-Voy No P Klang Sport S'tan H'burg I'havenß'dan Lfi ACCEPTS DUE SAILS TOMK) EXPRESS WU ♦M. A 21/5 31« 2V« 1W» 2U* 1M» 24/W CARGO S. LORRAINE 01/** .KELITA (B« 0W» WM' W» niNTANr VBIA Ull* <ihu Miri KB Dailv In Port 31 MjV
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      Page 35 Advertisements Column 2
      1618 35 TO: EUROPE TO: FAR EAST SP LH ROM HAM B'HVN FLX •J" SSKSSA ,2 Z *8 "S I 5 1« w IS SJ ss™ssss?.srs w w w a s 2r:?, c .r.?«T ss ss is HANJIN ROTTERDAM 009* 30/6 11/7 I*7 2*7 22/7 2*7 HANJ N JSESnJiL WW *7 W7
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      26 35 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN H/S KARACHI Aev* —mm uhn kt.y. hunbportaton co pre) lid. Tmt Tte RB ***** Fk 2295 M
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      Page 35 Advertisements Column 4
      323 35 SINGAPORE CALCUTTA SINGAPORE MONGLA SINGAPORE CHITTAGONG CONVENTIONAL SERVICE EASTERN CAR LINER LTD IS PLEASED TO ANNOUNCE THE LAUNCHING OF OUR NEW AND DEDICATED CONVENTIONAL SERVICE TO CALCUTTA AND CHITTAGONG M.V. ASIAN STAR V.No. 113 ETA SPORE 12.6.90 WE WELCOME YOUR ENQUIRY IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE
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      691 36 wessi DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDEM INDONESIA e P.T. TMKOM LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY S PORE R OAM/ H BURG BREMEN ANTWERP ADAM SAAB ULLAH/22W8 IN PORT 29/6 4/7 27/6 8/7 U. BONTANG/21WB 26-29/6 26/7 29/7 1/8
      691 words
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      Page 36 Advertisements Column 2
      750 36 6?) HANJIN SHIPPING yr*/ eT FULL CONTAINER SERVICE iS'por* I LiHavr* R'dam M burg B haven Fstow* FEEDER VSL SIN LINE HAUL LAX OAK 3/6 21/6 22/6 23/6 2*6 26/6 HANJIN TONCHAE W» 4£ H J""" N. 1 VJ 16rt I 4/7 5(7 6/7 8/7 9/7 HANJIN ROTTERDAM OOtt 11/6
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      Page 36 Advertisements Column 3
      1418 36 I PKL SCP HKG KSC KIC PUS MKT OSK TYO BAL LHV AWW ROB FIX HK Stf I EVER GLOBE 71/5 11/5 i/i 4/6 M U/6 13* 15* 11/6 13/7 23/7 2«/7 25/7 27/7 IM EVER GUARD 4 6 VI 1M lljt 1W W Sjl 9 W 1/1 2* 1/1
      1,418 words
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      Page 37 Advertisements Column 1
      1304 37 snipping ilines, nwinrsuaj NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 X (CR NO: **********0E) >> BOOKINGS: UK/EUROPE SERVICE *****19 SS' AUST/INDIA/PAK SERVICE *****18 MM USA SERVICE *****16 4MI MV FAR EAST *****48 Swy DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 7 NEPLINt SDN BHD MALAYSIA E T /*****M
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      Page 37 Advertisements Column 2
      1081 37 m swsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUNO I LOADING FOR WESTBOUND VESSELS VOTACE |SPO«£ HHOW6 VOTAg SPO«t HOAWG HWRC rHAVEW TIUUtT ROTT AwiwkAP P. TOVSTTKM
      1,081 words
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      Page 38 Advertisements Column 1
      1135 38 N. AMERICA-ATLANTIC COAST iESZSEV VOY *INDO •PK/PNG j SGP LB CHLS NFK NYC HFX OOCL FAIR 20 2S/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 18/7' OOCL FREEDOM 31 11/6 12/6 14/6 7/7 17/7 19/7 21/7 25/7 OOCL FAITH 20
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      Page 38 Advertisements Column 2
      592 38 I |J, T ££i N 0 OAY) I Ml DAY) ♦,1 DAY) BOOKING CONTACT f I 1061% PORT KELAWC PENANG BANGKOK JACQUELINE TWICE/WKLY I ETD SIN (3 DAYS) p DAYS) +(1 DAY) BOOKING CONTACT |l |OMS/» |KAOHSIUHr. I JOYCE/JUDY -A. TYWCE/WKLY I I I mJe" BUSAN M, MANILA NAGOYA I
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      Page 38 Advertisements Column 3
      358 38 Continental Pacific Shifpput^f TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR ARBELA Sid In Pt 1/1 SETE/RDM/ANTfFLU/UK ■ARYII HI S* RDM/ANT/FLU/UK CRYSTAL B U SfTLRDH/ANT FLU'UK Loads Sabah/lndonesia ®MULTIPORT AGENCIES (S) PTE. LTD. TEL: *****77 FAX; *****31 P.K. MULTIPORT SON BHD. TEL: 3M2MM TLX: MA W778 MULTRA
      358 words
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      Page 38 Advertisements Column 4
      554 38 f GOLDEN LINE A I \yhoNk GUAN GUAN SHIPPING lsS>?\ PT E) LTD V I O, Ttlofc Apr Stroet SINGAPORE 01M 1 TEL: 5343*1 (10 LINES) Fax: *****04 (CR No 1O129SS000BW) STRAITS/PERSIAN GULF SERVICE QOLDEN HARVEST Colomta/Karadk/Dubai gC. ?T* COIOEN WONDER Colombo, Kar*MM» 243 Juoa CHP4A OnVKI ru QINC Huanfpu/SJwnfha
      554 words
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      Page 39 Advertisements Column 1
      1651 39 3iup|lUl§ lUlirB) nruurauajf it*my «iv tw PACIFIC INTERNATIONAL LINES (PTE) LTD J| M H P,L Building. 140 Cecil Street #0300. Singapore 0106. JAKARTA IIBANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EDEN Mia 20/6 22/8 27f KOTA NAG A 06N 30/5 2* 7lt OCLTA MAS 157S
      1,651 words
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      Page 39 Advertisements Column 2
      1296 39 f BEN LINE CONTAINERS LTD SI 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL jypY SPORE PKLANG SHAMPTON HAMBURG BHAVEN ROAM LHAVRE rokio Express' 93/562 31/5 Via Lan 24ft 19/6 21/6 18/6 24/6 >tar Lorraine 01/566 6/6
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      Page 39 Advertisements Column 3
      297 39 M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkok PINYA VIMT 29 MAT/1 JUN MYOMAYWA VI2BW 4/6 JUN 2/3 JUN 31 MAY/1 JUN HPA-AN VISOW 2|C JUN PATHEIN VIO2W 22/21 MAY 30/31 MAY PAGAN VIS7W «/U JUN MERGUI V99W 11/14 JUN •DISCH ONLY
      297 words
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      Page 42 Advertisements Column 1
      696 42 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TP UNITED KINGDOM NORTH CONTINENT EUROPE OUTBOUND SIN I FLX I BRE I ROM ANT HBG RST 0 GROTEWOHL «fl# 1/6 »6 30/6 2/7 5/7 TAIWAN SEN WfOH 12/6 5/7 6/7 7/7 6/7 10/7 H. CECIELSKI IW Z2/6 16/7 16/7 11/7 EUROPEAN UN
      696 words
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      Page 42 Advertisements Column 2
      1151 42 VtLC CONVnmONAI 6«IVK» Vmml P KLC PNC PC. LoWinf ht A VESSEL 20# Rottwtfam/AflftMrp CHP4A rou cowTAom PMMI Vnul PKL PNC SPORE BKK HKC SHA QIN LTG SHANC CHENC 121 21/S 23/5 27/5 4# I# VANC FANG KOU IS 31i5 2*5 4# 12# 16# 20# Acctfrtinf FCL CarfO for *11
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      Page 42 Advertisements Column 3
      405 42 S PORE mi PNC HKC INC BSN SINGAPORE CLOUT VOO5 1 Jim 9 «*y Hay I Jun 10 Jt»« 12 Juh SUSAN GLORY V 0» 1 Jun 51 lUy II Jim 12 Jt* MALAYSIA GLORY VOO6 t Jun Jun i Jim 11 Jun U Jim OCEAN CROWN VOW li Jun
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      Page 42 Advertisements Column 4
      571 42 T fl POSEIDON CONTAINER TRANSPORT GMBH HAMBURG I TRANS-SIBERIAN CONTAINER SERVICE g SOTRA EXCLUSIVE ROUTES ACCEPT TO S FROM INLAND DESTINATIONS f CAPITALS [AFGHANISTAN!: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, etc I IRAN I: Djulfa, Astara ETD SINGAPORE 31/5, 5/6, 10/6 17/6, 19/6, 2/7 lE. EUROPE I:To all inland points: p
      571 words
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      Page 42 Advertisements Column 5
      518 42 Igow Hock Agenc Co Ltd BKK (Tel MAMA BHUM UN Wed In Pt SM 20 KKHANIK KURAKO UN Wed In Pt SI 20 HW BHUM 449N Fri 10 Hon VI HYA BHUM H7N Sun 30 Wed 10 ■AHA BHUM 12H Wed «0 Set ■EKHANIK KURAKO UN Wed t0 Sit >0
      518 words
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      Page 43 Advertisements Column 1
      1236 43 Sd^^iCHFIELnKRINMiGENciE^Sn^?nTr S TEL: *****33 (12 Lines) FAX: *****15/*****03 P3 TELEX: RS ***** RISHIP (3 Lines) \W\ ETHIOPIAN SHIPPING LINES r 4 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOB 3*»OWE ANOtNET IWVB in Port OABESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA HOOEIOAH ABYOT 21WB 21/0e OABESSALAAM
      1,236 words
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      Page 43 Advertisements Column 2
      651 43 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 SIN WASPADA
      651 words
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      Page 43 Advertisements Column 3
      587 43 H'liiß BAY OF BENGAL SERVICES MADRAS CALCUTTA VESSEL3/VOT SIN HAA SIN LEUVE 9125 10/6 14/6 2S/6 LEUVE 9126 25/6 29/6 11/7 LEUVE 9127 11/7 15/7 28/7 LEUVE 9128 28/7 01/8 12/8 l I VESSELS/VOY SIN CCU SIN JORGEN VESTA 03N90 07/6 14/6 21/6 JORGEN VESTA 04N90 21/6 28/6 05/7 JORGEN
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      Page 43 Advertisements Column 4
      411 43 TO AUSTRALIA/NEW ZEALAND VSI VfypiKi Frinifltlt Htifeourm SyOnn Ai/c# jnd OvMim TUT UPtCSS M 1M tM a» 27/* »7 V 7 E WUOIC 230 M 4/7 *7 U/7 Ufj 2*7 BRUSSEL 252 H/7 2* 7/1 1M 1M TM C VEftOUK 253 ~iji 5i jiji M W 4rt IS DATS TO
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      Page 44 Advertisements Column 1
      1289 44 MAC-NELS SINGAPORE gjjgjr tel *****?? 11 import tel *****0? tpi L !S5! KK TEL: 80) *****0 TAWAU TEL; (089) *****9 bahru Tf\~ $7 llco CHINGTEL (O02) *****3 SKAN TEL (089) *****2 LJ\5/\ IW?S?A ll SIBU TEL I 00 4) *****2 LABUAN TEL: (087) *****9 X JAKARTA TEL (21) *****7 lIMEDAN
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      Page 44 Advertisements Column 2
      422 44 blue star line I SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PtY AUCK LYT MAHSURI 0574 I Jun 1) Jun Via NPL a
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      Page 44 Advertisements Column 3
      1024 44 /JWI THONG SOON LINES PTE. LTD. /yy 1 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax N0:,*****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT ETD JoEST VESSEL VOY ETO BEST KIM SOON LI 22/90E 2 JUN PENANG
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      Page 45 Advertisements Column 1
      741 45 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore ROSEEVERETT 3/5 Jun 6/7 Jun JOHNEVERETT 12/14 Jun* 15/17 Jun MURRAYEVERETT 20/22 Jun WgV"EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
      741 words
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      Page 45 Advertisements Column 2
      632 45 FULL CONTAINER SERVICE Ea»t West Coast, Carribbean.East Canada. HAITI. Guattmal» and Ho<xiu VSL IS PORE Imainliner |lax Ikst Isav Inyc Ihfx ZIM OSAKA M ZIM NEW YORK ift 114/7 W lift |21/7 ZIM KOPER 14/1 ZIM HAIFA 14/7 H3/7 I®'' ZIM EILAT 22Jt ZIM AMERICA 22ft 81/7 Tl/J JjJ I
      632 words
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      Page 45 Advertisements Column 3
      709 45 SING KWANG HANGI S HIPP IMG 4 TRANSPORTATION (FTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 31/5 2/6 JENWEL I 1/6 3/6 [VESSEL SPORE BANGKOK A VESSEL 31/5 2/6 A VESSEL 1/6 3/6 DESTINATIONS ETA SINGAPORE PORT KELANG 2 JUNE MANILA 2 JUNE HONG KONG. ALL CHINA
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      Page 45 Advertisements Column 4
      505 45 PERINTIS LINE 111 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PRASE TIA 97A In Pt 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
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      Page 45 Advertisements Column 5
      386 45 ——i SIN FAB EAST j 3/6 KEELUNG/KAOHSIUNG 3/6 BANGKOK 1/6 MANILA/CEBU 2/6 JAKARTA/BELAWAN/SURABAYA 1/6 PORT KELANG/PENANG 30/5 BUSAN 2/6 TOKYO/YOKO/KOBE/NGO/OSA 4/6 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shangtei SIN EUBOPE/MK 3/6 LDN/FLX/LVP/SOU 3/6 RDM/HAM/ANT/LE HAVRE/GENOA also accepting ciargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. J SIN USA/CANADA I 31/5 LOS ANGELES/NEW YORK
      386 words
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      Page 46 Advertisements Column 1
      441 46 PLATOU PACIFIC I I SHIPPING SERVICES REGULAR FAR EAST N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: *****59 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 SHIPPING TEL: *****11 FAX:
      441 words
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      Page 46 Advertisements Column 2
      229 46 VSL DESTINATION ETA SIN •JIRA BHUM 09N BANGKOK */S PI VA BHUM 226N BANGKOK 27£ MAHA BHUM UN B *NGKOK 30£ MEKHANIK KURAKO UN 3l Jl SO ORIENT 23R CEBU MAN LA AKA BHUM 22S CEBO IMAINJLA 1/6 O STRENGTH 23A KARACHI, BOMBAY 29/5 O. SINCERITY 24A KARACHI. BOMBAY W
      229 words
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      Page 46 Advertisements Column 3
      308 46 IPM ADKRIS 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 SAILEO BISLIG TBN 7tti JUNE MANILA M V DAGOHOY 07/90 20TH JUNE MANILA/BISLIG/ILIGAN GENERAL ACT CALSOURCE SHIPPING t TRADING PTE LTD. 63 ROBINSON RO,
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      Page 46 Advertisements Column 4
      307 46 |TLCL/FCL SERVICE TO/FROM Cjfjft PENANG—KL: allied-link SINGAPORE: 04-*****2 *****8995 778 8922(22 LINES) BEE& Marina One Swan MeZChrteMna CNn Alloa Yao/Catiar Yao 0 1 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 9015 30/05 02/06 DELTA MAS 156N/157S 03/06 06/06
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      Page 46 Advertisements Column 5
      180 46 mn m. oen ««y ALS ENDEAVOUR VOY 14W 06/06 19/06 24/06 SILVER HAPPINESS VOY 15W 18/06 3(V06 06/07 ALS TRUST VI6W 29/06 10/07 15/07 20/03 Accepting FCL lor Johannesburg MY Dm m. «N KB MM OHFU VOY 06E 15/06 16/06 21/06 31/06 10/06 14/06 ALS PROSPERITY VOY 106 22/05 27/06
      180 words
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      453 47 TIDES AND WEATHER TODAY'S TIDES (ha#t in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 OSOO **********00 1200 **********001(00 1700 1800 1 900 ?000 2100 2200 2300 d J! jc in 3j 29 25 20 14 10 0.7 0.5 0.5 0.8 1.2 1.6 2.0 2.1 2.1 2.0 J.
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      262 48 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement on the right! PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR 13-15/5/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN
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      Page 48 Advertisements Column 2
      296 48 AHYUNDAiI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HKC SIN LALANDIA 32E 01/06 07/06 25/06 28/06 01/07 HYUNDAI COMMANDER 16W 30/04 03/05 06/05 24/05 3105 HYUNDAI CHALLENGER 34E 08/06 14(06 02/07 05/07 08/07 HYUNDAI PIONEER
      296 words
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      Page 48 Advertisements Column 3
      440 48 Call *****58 or Fax *****82 SINGA PUMP SERVICES PTE LTD rental and suppport services P 'D- T' 'He.: H. ;v T. E■ EMERGENCY RESPONSE SERVICES FOP TACKLING ANr 1 LIOUID CARGO PROBLEM Hg- T'a-s'c P-~o g Rc C*:a--.< UK/CONTINENT (TRIO) li;r~ IS" ST 55"" ST !5 iSStm«-»—■ TOWO EXPRESS JW
      440 words