The Business Times, 18 April 1991

Microfilm: NL17476
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, April 18, 1991 75*
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  • NEWS SUMMARY
    • Article
      Allies move into northern Iraq to set up sanctuaries
      86 1 THE US. Britain and France yesterday ordered troops into northern Iraq to set up temporary safety zones for hundreds of thousands of Kurds stranded for weeks in primitive mountain refuges. US President George Bush said the agon> of the refugees at
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    • Article
      Protests against Taipei's Old Guard
      37 1 TAIWAN'S opposition leaders and an estimated 20.0(H) supporters marched through main boulevards in Taipei yesterday, denouncing the ruling party's Old Guard, who last faced election in China more than four decades ago.
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    • Article
      Disk drive venture
      35 1 US COMPANIES Dynamar Holdings and IG Technologies have jointly launched a venture to make special disk drive components for the disk drive industry in Singapore and in the Pacific Rim Page 2
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    • Article
      Grant for local firm
      17 1 A LOCAL computer firm has received an Economic Development Board grant. Page 2
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    • Article
      Electricity shortage
      24 1 ASIA's biggest oil producer, with vast coal deposits and plans to use nuclear power, is ironically running short of electricity Page 7
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    • Article
      Longer recession likely
      24 1 LATEST US economic data indicate that the recession is I likely to linger beyond the middle of the year Page 9
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    • Article
      EC raps US barriers
      18 1 THE EC has hit out at unfair US barriers to imported goods Page 10
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    • Article
      NEC holds high hopes
      31 1 NEC is expecting its annual sales in Singapore to double to Si billion in 1994. the highest projected growth rate among the company's overseas operations Page 13
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    • Article
      Lean contradictions
      17 1 SIR DAVID LEAN, who died on Tuesday, was a savage yet gentle director Page 21
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    • Article
      Windfall from India
      23 1 LOCAL shipbuilding yards and shipping companies are likely to benefit from India's just-announced expansion plans. Shipping I imes Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      44 1 STOCK PRICES on Wall Street fell in early trading yesterday in spite of expectations that the Dow Jones average is poised to hit new highs. The Dow Jones average of 30 industrials fell 2.72 to 2,984.16 in the first hour of trading.
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    • Article
      Footsie higher
      46 1 SHARE PRICES in London were stronger at midday yesterday. boosted by a rally overnight on Wall Street and continued bid speculation. At 1100 GMT, the Financial Times-Stock Exchange 100Share Index was up 13.1 points at 2,532.6. just below an earlv morning peak of 2.535.9.'
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    • Article
      SES tightens rules
      17 1 THE Stock Exchange of Singapore has issued stricter rules on dealers' referees Page 3
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    • Article
      Morgan reshuffle
      23 1 IN LINE with its plans for regional expansion, the Morgan Grenfell group has reshuffled several of its senior managers Page 3
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    • Article
      Citicorp hit hard
      32 1 CITICORP, hit by the slowdown in the world economy and the slump in the US property market, suffered a 70 per cent setback in its first-quarter earnings Page 6
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    • Article
      Market holidays
      35 1 The Kuala Lumpur and Jakarta stock exchanges were closed yesterday for the Aidilfitri holiday. The Kuala Lumpur market reopens today while the Jakarta bourse will remain closed for the rest of the week.
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    • Article, Illustration
      STOCK INDICES
      26 1 Wednesday Change BT-MCiA 733.58 +9.76 Tokyo 26.980.37 +167.07 Hongkong 3.687.01 -30.45 Sydney 1.489.7 H9.0 I uesda> hange New York 2.986.88 53.71 London 2.519.5 -23.3
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SSI.7475 I 100 Yen SSI 2944 MS SS0.6402 Money market rates I Overnight 4 _V8 unch 3-month 4-9/16% fl/16
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    • Article
      COMMODITIES
      12 1 London Gold AM tlx USS16I.00 US$0.70 Rubber Spore May.. l44.75Vkg -<>. 50
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  • Article
    Keppel moves into aviation services
    427 1  -  By Rahita Elias DIVERSIFIED Kcppel Corp. like rival Sembawang, is aggressively moving into the field of international and regional aviation services. Keppel and its subsidiaries have bought US-based Air Services International, a specialist in helicopter repairs and maintenance, for US$B million. It has also formed
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  • Article
    STII jumps 27.6 points in heavy trading
    232 1 THE SINGAPORE stock market staged a smart rally yesterday, boosted by strong performances by the New York and Tokyo bourses. The Straits limes Industrials Index advanced 27.62 points to close at 1,513.52, prompting analysts to say that the stage has been set for
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  • Article
    Indian chamber reaffirms support for Ramachandhran
    342 1  -  The Chambers Controversy By Diana Oon THE SINGAPORE Indian Chamber of Commerce has come out in support of MrCi Ramachandhran as president of the Singapore Federation of Chambers of Commerce and Industry (SECCI). In a statement last night after an emergency meeting, the Indian
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  • Article, Illustration
    NZI depositors withdraw funds
    389 1  -  Bank pledges to honour all payments By Quak Hiang Whai HUNDREDS of depositors turned up at NZI Hank yesterday to withdraw or transfer their funds out after the New Zealand-based bank announced on Monday its decision to close down its Singapore operations. At about 3pm yesterday,
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  • Article
    BT Brokerage selling stockbroking seat
    460 1  -  By Magdalene Ng BT BROKERAGE, the Bankers Trust's securities unit now left with a skeleton stalT. is courting foreign and local firms to buy its stockbroking seat. The selling price, an exstalTer says, is at least $5 million. Among the companies said to be interested
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      146 1 fßupberrwl 5 C<CD I I I p 3 l i I Keigns when it pours c Aircraft Schedule 31 Money Changer Rates 31 Weather 31 Commodities 30 Money Market 29 World News 9.10 Cryptic Crossword 31 Regional Co News 4 Editorial 12 Regional News 7.8 for market indices, editorial. Financial
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      Page 1 Advertisements Column 2
      25 1 BT Investment Race IIJKN 'I'O Page 12 for the fourth Money Coupon that you need to cut out to join the BT $100,000 investment challenge.
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      Page 1 Advertisements Column 3
      57 1 S HOES FASHION ACCESSORIES SKS issues stricter rules for new dealers, Pg 3 SAPORITI ITALIA. THE ULTIMATE IN STYLE AND PRESTIGE. n*_pic Italian design ingenuity at its best. Contemporary furniture for the home and executive office The Saporiti Collection. Exclusive to Le Mercier's. C OIU Vt'/(7/ ;i 1 P.»-k Housp
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Foreign firms bid for SIA contract
        84 2 IGHI 1()RI KiN' companies from the US, Britain, Canada nut Japan are bidding for a $20 million contract to supply MutMpore Airlines with satellite equipment needed for its iir-to ground telephone service. I he service is due to begin in tv« :tr or two,
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      • Article
        More covered walkways
        62 2 SFVI N more covered walkways linking bus interchanges v \it I, Mass Rapid Transit stations will be built by the Middle of next year. The Public Works Department will >uild five, at the Bedok. Bukit Batok, Clementi, Pasir Ris tnd I ampines MRT stations. I hose at
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      • Article
        Advice for budding designers
        77 2 111! CHAIRMAN of the Swiss Business Association, Mr Petci Schlumpf. suggested that budding product and service designers go for something "smaller, nicer and more beautiful". He said to remember that speed is of the jsscnce and to get away from traditional ideas while keepng the end-user
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    • Article
      US firms in disk drive components joint venture
      260 2  -  UGlMAGnetics began operations on Monday By Claire Leow TWO AMERICAN companies, Dynamar Holdings and IG Technologies, have launched a joint venture to make special disk drive components for the large disk drive industry in Singapore and in the Pacific Rim. The joint
      260 words
    • Article
      Croda's S'pore plant officially opened
      233 2  -  By Corinne Kerk CRODA SINGAPORE, a subsidiary of UK-based Cro<la Chemicals International, boasts value added per worker of $214,000 compared with the industrv average of 560,4(X). Mr Ho Kah Leong. Senior Parliamentary Secretary (Information and the Arts) and vtp for Jurong. made this ob- ervation
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    • Article, Illustration
      Tips from a management guru
      340 2  -  By Chuang Peck Ming EXCEED your customers' expectations, let workers decide, be financially strong and the chances are that your i company will still be around in the years to come when the competition gets tougher, management guru Kenneth Blanchard said yesterday. Just keeping your
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    • Article, Illustration
      Grant will help computer firm become local MNC
      437 2 LOCAL computer firm Microcomputer Systems (MCS) has received an Economic Development Board grant which would help it become a local multi-national corporation (MNC). An EDB scheme, launched a year ago, subsidies up to 50 per cent of the fees incurred by a
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      511 2 fS& THE MULTI-AWARD WINNING CITROEN XM. VERY BEAUTIFUL. VERY INTELLIGENT. The Citroen XM has won the prestigious Car of the Year award for 1990. The XM scored an outstanding number.of points to take the award, leaving the Mercedes-Benz Sin second place J Frontline* January 1990 H It looks like no
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      SES issues stricter rules for new dealers
      471 3  -  Part of move to spruce up stockhroking community's image By Magdalene Ng THE STOCK Exchange of Singapore (SES) has issued stricter rules as to who can stand as character referees for would-be dealers. In a circular issued on Monday, the SES said that
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    • Article
      Lock icon Local unit of Woodhouse allowed to run as going concern
      263 3 Reuter THE Singapore High Court has granted a petition by Woodhouse, Drake and Carey (Singapore), allowing the company to run as a going concern. High court Judge G Pannir Selvam confirmed the appointment of three judicial managers to run the
      Reuter  -  263 words
    • Article, Illustration
      Morgan Grenfell Asia reshuffles senior staff
      429 3  -  Changes in line with plans for regional expansion By Magdalene Ng THE MORGAN Grenfell group has reshuffled some of its senior managers in line with plans to expand in the region. Mr David Ding, managing director of Morgan Grenfell Asia Partners Securities, was appointed
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    • Article, Illustration
      $132 m valuation surplus for OUE flagship
      276 3  -  By Elaine Koh OVERSEAS UNION Enterprise saw a $132-million boost in the value of its flagship Mandarin Hotel in Orchard Road last year from 1989. although this has not been incorporated into the accounts. The 1,200-room Mandarin Hotel was valued by Knight Frank
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    • Article
      Landmarks acquires control of Saujana Hotel
      356 3  -  By Salil Tripathi LANDMARKS Bhd. the rejuvenated Malaysian hotel and property giant, deelared yesterday that it ha-> completed the acquisition of 50 per cent of the equity of Saujana Hotel Sdn Bhd from Golf Associates Sdn Bhd in a share purchase agreement nowmade unconditional.
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    • Article
      New general manager for Singapore Land
      164 3 A NEW GEN KRAI, manager takes over at Singapore I-and Ltd. now a UK' subsidiary. Mr David Lawrence, who assumes the position from May 1, was until recently the regional director, international, for property consultants Richard Ellis. Mr Lawrence's appointment comes at a time
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    • COMPANY BRIEFS
      • Article
        Firms announce audit committee appointments
        167 3 FIVE more companies have announced the composition of their audit committees: ANA Hotels Singapore l.td's audit committee set up on March 22, 1991. comprises Messrs I Kajiwara (chairman); K Sakai and H Su/.uki. Wearne Brothers l.td's audit committee members are Messrs Michael Wong Pakshong (chairman)
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      • Article
        More Inter-Roller shares sold
        85 3 JOHN GOVETT Management (Jersey), manager of The Singapore Sesdaq Fund, had on March 27. 1991. and April 10, 1991, purchased a total of 200,000 shares in Inter-Roll-er Engineering. John Govett has now a 6.84 per cent interest in the company. Inter-Roller director Rajan Nlenon has an
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      • Article
        New member for Abacus board
        43 3 MR ANDREW HERDMAN resigned from the board of Abacus Travel Systems I'te Ltd, a subsidiary of Singapore Airlines, last March 20. Mr George Chun Wai Ho has been appointed to replace him. with effect from the same date.
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    • Article, Illustration
      Lock icon San Miguel ex-chairman set to make comeback
      416 4 Reuter THE SUPREME Court has ruled that industrialist Eduardo Cojuangco. who has been engaged in a struggle for control of San Miguel Corp. ean vote his shares in the Philippines' biggest food and beverage firm. The ruling, issued three days before company stockolders
      Reuter  -  416 words
    • Article
      Struggle ahead for control of San Miguel
      180 4 IN ALLOWING businessman Fduardo Cojuangco to vote his sequestered shares in San Miguel Corporation, the Philippine Supreme Court has opened the door to what could be bitter struggle for control of the food and beer conglomerate. Mr Cojuangco was chairman of San Miguel
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    • Article
      Niceo to invest 5 b baht in five new projects
      416 4 NICCO Industry Co. a steel company will invest in five new projects worth more than 5 billion baht (***** million) and plans to take part in the National Sponge Iron (NSI) project, which will produce sponge iron for the local
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    • Article
      Lock icon Swilynn offers HK$ 224.5m rights issue
      260 4 Reuter SWILYNN International Holdings Ltd has announced a one-for-four rights issue to raise HK5224.5 million (5550.5 million) through the issue of 89.79 million new shares at HKS2.SO per share. The magnetic media manufacturer said in Hongkong yesterday that about half the net proceeds of
      Reuter  -  260 words
    • Article
      Thailand considering proposal to change tax structure
      287 4 THE THAI Finance Ministry is considering a proposal to terminate the tax privilege of listed companies by requiring them to pay a corporate income tax of 35 per cent to bring them into line with all other non-listed companies. The proposal, according to
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      108 3 >'■ Which hotel will you stay in, daddy? A < ANA HOTEL SINGAPORE 1., i —nn 11,11 Sini:.., I".' I I lull I>l lion k,v,MA..Oil! II .1 W'l ..-.lit I (I. 1 > '.ixV-i I rlt- \l ISI KN JIM" I «*l You may have been unable to get your
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      175 4 PRIORITY MANAGEMENT. A Timely Answer to Your Productivity Questions. ;T "E Every day, more and more work ends up on your desk And everyday, less and less seems to leave your desk. H Its time to change the way you do business and teach yourself some new tricks. Its time
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Profits down so Michelin to shed jobs worldwide
      335 5 Reuter FRFNCH tyre maker Cie Generate des Etablissements Micbclin said conditions in 1990 were particularly harsh, and set in place a drastic recovery plan. Michelin earlier announced it made a net attributable loss of Ff4.81 billion (551.49 billion) in calendar year 1990
      Reuter  -  335 words
    • Article, Illustration
      Lock icon Warsaw stock exchange opens
      38 5 AP Brokers checking prices as first transactions were made on the Warsaw stock exchange on Tuesday. The exchange, located in former Communist Party headquarters, opened on Wednesday its first session in post-war Poland. AP
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    • Article
      Lock icon Record profits abroad for oil majors likely
      303 5 Reuter MAJOR oil firms will likely announce record overseas refining earnings when first quarter results are released soon, boosting overall operating earnings 10-37 per cent over last year, analysts said. "It won't be a record quarter overall but it should be for overseas
      Reuter  -  303 words
    • Article
      Lock icon Nestle and BSN to join forces in Czechoslovakia
      388 5 FT NESTLE, the world's biggest food company and BSN, the leading French food group, have joined forces with the intention of taking a majority stake in Czechoslovakia's biggest food producer. The pair, normally fierce rivals in Europe, have signed a letter of
      FT  -  388 words
    • COMPANY BRIEFS
      • Article
        Microsoft posts 65pc rise in profits
        60 5 MICROSOFT Corp reported Tuesday that it had a 65 per cent profit gain on a 57 per cent revenue increase. Sales rose to U*****.9 million (*****.3 million) from U*****.9 million a year earlier. Microsoft's continued growth reflects both the company's dominance of certain parts
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      • Article
        Honeywell selling shares in Bull
        48 5 HONEYWELL Inc said it is selling its remaining 12.8 pec cent ownership in Bull HN Information Systems Inc to Groupc Bull on undisclosed terms. Bull HN will remain a supplier of computer systems for Honeywell and a participant in Honeywell's open systems implementation.
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      • Article
        Car joint venture in USSR
        48 5 TRADING firm Mitsubishi Corp said it is considering launching a rent-a-car joint venture in Vladivostok in the Soviet Far East by year-end. The venture would be capitalised at about US$5OO,OOO (S$870,000). The company would rent passenger cars, jeeps and buses, mainly to foreigners.
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      • Article
        Apple plans to amend lawsuit
        57 5 APPLE Computer Inc has informed Microsoft Corp that it plans to amend its pending lawsuit to include Microsoft's popular Windows 3.0 software. Apple brought suit in 1988 for alleged copyright infringement, including allegations that visual displays of of Microsoft Windows 2.03 infringe Apple's copyrights and
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      • Article
        McDonald's to reduce garbage
        97 5 MCDONALD'S Corp announced a plan aimed at eliminating 80 per cent or more of the garbage created by its 8,500 fast-food restaurants across the United States. The initiatives include the use of brown bags made of recycled paper, smaller paper napkins, recycling of behind-the-counter cardboard boxes,
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    • Article
      Lock icon Mirror Group floating shares to raise £250 m
      286 5 Agencies PUBLISHER Robert Maxwell's Mirror Group on Monday said that between 45 and 49 per cent of its share capital would be floated next month to raise around £250 million (Ss7B3 million). In an announcement to the stock exchange, extracts from its
      Agencies  -  286 words
  • Page 5 Advertisements
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      14 5 •'IfiBSiH {******0! I I he I nt*:i i r Ailva 11 t a£ c.
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      Page 5 Advertisements Column 2
      159 5 tf A fll /1 mF > >v J i<> 1 iT v "4 fJBSI i j AT IB In the heart of Shanghai s business NEW HEIGHTS OF EXCELLENCE Excellent restaurants and bars stands the Shanghai JC English-speaking 'Bj6 Chosen one the top Same laundry three hotels by Nikkei Meeting
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Citicorp's earnings plunge 70pc
      528 6 Other US banks also turn in lower results in first quarter NYT CITICORP earnings plunged 70 per cent in the first quarter, hard hit by the slowdown in the world economy and the slump in the US property market. North America's biggest banking group was forced
      NYT  -  528 words
    • Article
      Lock icon US regulators seize First Executive's New York unit
      387 6 AP STATE insurance regulators in US said they have seized control of ailing First Executive Corp's New York unit and have sought assistance from other large life insurers to help manage the business. It was the largest collapse of an insurer in
      AP  -  387 words
    • Article
      Lock icon Soc Gen plans to raise USslb
      150 6 AFP THE Societe Generale de Belgique conglomerate said that it would sell assets and increase capital to raise US$ 1 billion (SSI.7 billion), having earlier reported a profit slump. The company said that net consolidated profits in 1990 fell to 12.2 billion Belgian francs
      AFP  -  150 words
    • SMALL CHANGE
      • Article
        Terms set on NTT and Kinki bond issues
        127 6 TERMS have been set on straight bond issues by Nippon Telegraph and Telephone and Kinki Nippon Railway, underwriting sources said. NTT launched a 500 billion yen 10-year bond issue with a coupon of 6.9 per cent and an issue price of par.
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      • Article
        More foreign banks in Taiwan
        81 6 TAIWAN has approved applications by NMB Postbank Group of the Netherlands and the Australia and New Zealand Banking Group to open branches in Taiwan, a Taiwan Finance Ministry spokeswoman said. Both have had representative offices in Taipei since 1989, she said. Taipei last year changed
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      • Article
        Finance One eyes Thananant
        96 6 THAILAND'S Finance One Co plans to combine more than 2 billion baht worth of its potential unrealised net profits to invest in Thananant Finance and Securities Co, Finance One president Pin Chakkapas said. According to The Nation, Mr Pin said that it is close to finalising
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      • Article
        Keeping the D-mark strong
        76 6 THE Bundesbank will maintain a strict monetary policy, as that is "indispensable" to keeping a strong deutschemark, senior Bundesbank official Hans Tietmeyer said. Commenting that the "mark should remain stable and firm", Mr Tietmeyer said that German interest rates will remain "relatively high" for the near
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      Page 6 Advertisements Column 1
      442 6 Takeaways For Those Who Are Rjwer Hungry. r I l Great things come in little packages. I- difficult lighting conditions. Pyf\ line Epson PC AX3/33 Portable. It's T a Tfl^ll ]l I|7|' jj, Portable. A neat little package actually a 386 desktop in disguise. What you can f j 7'
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  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article
      Lock icon Indon energy demand exceeds supply
      606 7 AP INDONESIA is Asia's biggest oil producer, has vast coal deposits and plans to use nuclear power, but meantime the country is running short of electricity. Generating capacity is being expanded according to plan, officials said, but the plan has been out paced by demand
      AP  -  606 words
    • Article
      Lock icon NZ rates ease on lower inflation news
      310 7 Reuter NEW ZEALAND'S troubled economy got a rare shot in the arm yesterday when news of a drop in inflation pushed down cripplingly high interest rates. Its Statistics Department reported that annual consumer price inflation dropped to 4.5 per cent, in the March
      Reuter  -  310 words
    • Article, Illustration
      Intellectual reformists capture Indonesia's mood
      750 7  -  Stage set for gradual loosening of constraints on political discussion From Maggie Ford in JAKARTA WHEN a group of Muslims attacked the ofTicc of Indonesia's most popular newspaper last year, they couldn't have known that their action would spark off an important event in the
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    • NOTE BOOK
      • Article
        Hands off policy on two Chinas
        104 8 AUSTRALIA will stay out of the contest tor influence between the two Chinas and will maintain its non-political recognition of Taiwan. "Some elements in laiwan have been increasingly disposed to put pressure on countries such as Australia to make public concessions ol a political
        104 words
      • Article
        No diplomatic relations yet
        75 8 NEW ZEALAND will send a senior diplomat to South Africa next month but Wellington has no plans for diplomatic relations with Pretoria yet. Foreign Affairs Minister Don McKinnon said. "South Africa is going through profound and rapid change," he told parliament. "It's important that the New
        75 words
      • Article
        Manila to ask for debt write-off
        56 8 THE PHILIPPINES is to ask official creditors for debt relief, the end result of which would approximate the 50 per cent write-off last month of Poland's official obligations. A legislative-executive council which advises President Corazon Aquino on foreign debt policy decided to make as
        56 words
      • Article
        Call to boycott Emperor cargo
        59 8 STRIKING gold miners in Fiji have asked Australian and New Zealand trade unions to boycott cargo for the Emperor Gold Mines Company. Kavekini Navuso, secretary of the Fiji Mineworkers' Union, said that he expected the ban on the Australian-owned firm "to come into effect as
        59 words
    • Article
      Lock icon Hawke appeals to Tokyo, Seoul over subsidies
      352 8 Call to remove agricultural protection AFP PRIME MINISTER Bob Hawke of Australia again appealed to Japan and South Korea on Monday to join Australia in opposing trade subsidies by major agricultural exporters. Addressing a conference on the future of Asian and Pacific economies,
      AFP  -  352 words
    • Article
      Lock icon Further cuts seen in Aussie inflation rate
      294 8 Reuter THE Reserve Bank of Australia said it expected further cuts in inflation, now running at an annual rate of 6.9 per cent, and predicted subdued economic activity continuing in the near term. The sharp 2.7 per cent increase in the December quarter
      Reuter  -  294 words
    • Article
      Lock icon Assurances for China's private enterprises
      150 8 AFP PRIVATE ENTERPRISE in China will be protected and market incentives continued, two officials said in separate official news reports published in Beijing on Tuesday. The English-language China Daily said Liu Minxue, director of the State Administration for Industry and Commerce, reassured entrepreneurs that the
      AFP  -  150 words
    • Article, Illustration
      Green light for M'sian Orient Express
      210 8 THE Thai government on Tuesday agreed in principle to form a joint venture with Malaysia for an "Orient Express" train service with an aim to boost tourism in South-east Asia. A government spokeswoman told a press conference in Bangkok after a cabinet meeting that
      210 words
    • Article
      Lock icon Chinese firms turn to options to cut interest cost
      482 8 Reuter STATE-OWNED Chinese companies, under pressure to pare borrowing costs, are increasingly relying on commodity options to reducc interest repayments. "More Chinese companies are trying to use financial techniques to help them to cut borrowing costs, such as adding an option
      Reuter  -  482 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      70 7 I FREIGHT LINKS EXPRESS DISTRIPARK I M x SELF CONTAINED, 3 STOREY WAREHOUSE COMPLEX INCORPORATING 5 LEVEL OFFICES WITH EXCELLENT CONTAINER YARD Strategically located within the Jurong East Business Park Easy access to PIE AYE and Jurong East MRT Station Total lettable area of 175,000 sq.ft. with various sizes available
      70 words
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      Page 7 Advertisements Column 2
      150 7 jßj|f fk iIH «nr? v, \V* HPr- 18N! ih6l y s i &Jllld&g> ailli' m JM|& i qHEtt s BP w^» jfl H north southeast \sia »t» r ffl ever closer together, it's natural that 9 Hi Jt| #-> Hong Kong and Singapore. tt ift ''i W Jr 1 111
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1498 8 BUSINES S T I M E S TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 We Can Assist You. We have a comprehensive database of managers/executives from various disciplines/industries who have recently made themselves available in the job market. And one of them could be the person you've been looking for. Call us at
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  • THE WORLD 1
    • Article
      Lock icon US figures suggest longer recession
      500 9 NYT IN REPORTS suggesting that the recession in the US could linger beyond the middle of the year, the American government has said that the pace at which builders broke ground for new homes fell 9 per cent last month while production of US factories,
      NYT  -  500 words
    • Article
      US threatens retaliation against Japan: paper
      148 9 BUSH administration officials have concluded that Japanese construction companies should be barred from some American government projects in retaliation for Tokyo's refusal to allow US companies broader access, the Washington Post reported yesterday. If carried out. this would be the first American trade retaliation
      148 words
    • WORLD WATCH
      • Article
        Rise in foreign-owned farm acreage in US
        79 9 THE AMOUNT of privately-owned US agricultural land held by foreigners jumped sharply last year hut still represented a little more than one per cent of the total, the US Agriculture Department said on Tuesday. A top research official at the department said in
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      • Article
        Tokyo sets terms for lifting curbs
        103 9 JAPAN MAY CONSIDER lilting economic sanctions against South Africa it the country releases its political prisoners, its Minister of International Trade and Industry said on Tuesday. A ministry spokesman in Tokyo quoted Eiichi Nakao as saying that Japan was not currently considering lifting the
        103 words
      • Article
        Talks on sub-Saharan aid
        102 9 THE". WORI I) BANK and international donors began three days of talks in Paris on I uesday to try and raise about US$7 billion (5512.3 billion) in special assistance for sub-Saharan Africa over the next two years. Conference sources said the money would largely help cover
        102 words
      • Article
        S Arabia yet to pay up in full
        107 9 SAUDI ARABIA has yet to pay the entire US$l3.5 billion (SS23.X billion) it pledged to give the I S towards the costs of the Gulf War, but Washington isn't worried, says a senior US official in Washington. "I'm not worried about them
        107 words
    • Article
      Lock icon Underlying inflation still a problem for Britain
      430 9 FT THE UK GOVERNMENT has received a sharp reminder that underlying inflation remains a problem with news of another large increase in the price index for British manufactured goods last month. The UK Central Statistical Office (CSO) reported on Tuesday that the price
      FT  -  430 words
    • Article
      Lock icon EC report complains of US trade barriers
      402 10 'Buy American' restrictions in government contracts singled out AP THE EUROPEAN Community has complained that the US has erected unfair barriers to imported goods, singling out for disapproval "Buy American" restrictions in government contracts. A report by the 12-nation trading bloc released on
      AP  -  402 words
    • Article, Illustration
      Lock icon Moscow wants EBRD's lending curbs lifted
      414 10 AP I 111 SOVIET UNION is hoping that the governors of the new European Bank will quickly lift a three-year ceiling on the amount of assistance the country can receive, a Soviet official said in London on Tuesday. US Treasury Secretary Nicholas Brady, also
      AP  -  414 words
    • Article
      Lock icon Soviet bank gets credit from Seoul
      150 10 Reuter SOUTH KOREA'S ExportImport Bank has given a Soviet bank a US$BOO million (SSI.4 billion) line of credit as part of multi-billion-dollar efforts to finance Soviet purchases of South Korean products. It signed the loan with the Soviet Bank for Foreign Economic Affairs on
      Reuter  -  150 words
    • Article
      Lock icon Egypt unveils economic austerity programme
      470 10 Reuter EGYPT began unveiling on Tuesday tough belt-tightening reforms that are sure to infuriate the publie but are deemed necessary for an IMF accord that would sharply reduce the country's US$35 billion (5561.6 billion) foreign debt. The semi-official ulAhram newspaper greeted readers at the start
      Reuter  -  470 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      309 9 WHO CAN YOU BANK ON Westpac Australia's World Bank Investing with Australia's oldest bank Is one sure way your money keeps growing with interest. You can placeyourdepositslnall major currencies. Rates for Foreign Currency Deposits of $50,000 are as follows: TERM A$ NZ$ p.a. p.a. J MONTH 10.45 10.4 10 -45_
      309 words
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      283 10 I J I I "It had better be The Pinnacle or else..." BHI HH HI HH MB HHB B^B A Message For Your Boss If your boss hasn't made that all important lunch reservation at Hie Pinnacle, you would do well to take our advice:a. Cut along the dotted lines
      283 words
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      Page 10 Advertisements Column 2
      202 10 PHILIPS Free jj§ Yourself 111 Dictation has never been easier or more efficient than with the Philips Pocket Memo 593, the first of its kind with a voice-activated facility. Based on the world standard Mini-cassette, the light and compact, economically designed 593 offers a host of advanced features for easy
      202 words
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  • Page 11 Advertisements
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      338 11 The Canon NP9BOO is no ordinary high volume copier. Sure, it's a robust 5,100 sheets. To ensure that the copier keeps running even when the others and powerful machine capable of giving you 85 sharp copies every minute. have stopped. This highly reliable copier automatically locates another paper But it's
      338 words
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  • Article
    Financial park makes sense
    464 12 EDITORIAL RAFFLES Place, Singapore's financial centre, is splitting up. On one side of Battery Road, UOB Plaza, a giant office building billed as "the ultimate business address in Asia", is gearing up to open its doors in 1992. Yet just across the road, the Stock Exchange
    464 words
  • WHAT THE OTHERS SAY
    • Article
      Apartheid woes
      289 12 WHAT is happening in South Africa resembles what occurred in most decolonised countries as they won freedom in the middle decades of this century. The new rulers found themselves facing escalating social violence and had to use larger security forces and harsher security measures than the colonialists ever
      289 words
    • Article
      Renminbi depreciation
      135 12 LAST week, China depreciated its currency slightly in an effort to tackle its economic problems. The move is aimed at encouraging exports, restricting imports, improving foreign trade and promoting tourism. This depreciation will inevitably affect Singapore businessmen. Singapore already has an unfavourable trade balance with China and the
      135 words
  • REGIONAL VIEWPOINTS
    • Article
      Of mutual benefit
      190 12 II TWO national leaders ever had good reason to wish for a breakthrough in bilateral relations they arc Soviet President Mikhail Gorbachev and Japanese Prime Minister Toshiki Kaifu. Both face serious domestic problems and both could draw considerable benefit from a success in the international sphere. Relations
      190 words
    • Article
      The selling point
      214 12 IMF. kind of action taken by the Australian authorities of a country with a much larger and bcitcr developed economy taking unilateral action against one with a fast growing, yet still comparatively small, economy is exactly the reason why there is a need for a much larger
      214 words
    • Article
      Men of vision needed
      174 12 WHAT is needed to break the deadlock (which has been oiled somewhat by the Gulf War) is a man or two of Anwar Sadat's great vision and stature. In one courageous, brave move, he broke the stalemate stultifying relations between Egypt and Israel to lay the
      174 words
  • Article, Illustration
    Lock icon Curtailing the spread of the octopuses
    1523 12  -  South Korea's conglomerates are facing government pressure to specialise and compete in the international arena. John Ridding reports John Ridding FT VISITORS to Seoul can drive from the airport in a car made by Daewoo Motors, on roads built by Daewoo Corporation to a
    FT  -  1,523 words
  • Page 12 Advertisements
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      205 12 nto The money coupon below is worth a /'/(JtA li rPllll' $20,000 in our BT Investment Race Jj IjJifu. I 1 Contest #1. Cut it out and collect the VLjlri'iffis ||11 y I j ißfjKfc- coupons daily-from April 15 to 19, 1991 for f.'/Mr r j) a tota va ue
      205 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      33 12 DOONESBURY BY GARRY TRUDEAU HAVING TOF&VFOR MYS6CF me iHcrrMTP ~e**La*wjhc, net rtW FROMNOUJON flk iCU KNOM, «XfP£ TH&e W?r sem MONTH* MMTCmCU AUBUZNO& 1 HAV& CHANCW. f£JE2£SL£?I OFfet&Vt IFINPIT THAT OUTHB&POR O^ OLJT
      33 words
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  • ANALYSIS
    • Article
      Lock icon Saddam may elude long arm of the law
      764 13  -  Paul Horvitz reports on why it may not be possible to translate the European Community's decision to try President Saddam Hussein for war crimes into action Paul Horvitz NYT DESPITE the European Community's decision to try to hold President Saddam Hussein responsible
      NYT  -  764 words
    • Article, Illustration
      The jewel in NEC's Asian crown
      986 13  -  It's full speed ahead for the Singapore arm of NEC. The president of the Japanese electronics giant tells Kenneth James about his plans for Singapore, and how these fit in with NEC's long-term goals Kenneth James A SURE WAY to get NEC Corporation's venerable
      986 words
    • Article
      Lock icon Better Soviet-Japan ties worry US
      780 13  -  T lie United States has expressed concern over the improving relations between Japan and the Soviet Union. Yoji Sano reports Yoji Sano Asahi News Service SPECULATION is mounting about just what went on when Ichiro Ozawa. the former secretary-general of Japan's ruling Liberal Democratic Party,
      Asahi News Service  -  780 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      84 13 ItttfflMlß WFB fl iSiuinSiiM 11 22ND TO 26TH APRIL, 1991 I I Secretaries, have you ever wanted to change'your I I life 9 Tired, bored, want a holiday, change your I make-up style, learn new deportment techniques, I I get fabulously fit, take-up photography, have your I B own typewriter
      84 words
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  • ADVERTISING & MARKETING 1
    • Article
      Garuda out to lure the air traveller in a big way
      317 14  -  By Hong Lee Tiam GARUDA Indonesia has mounted a major international advertising campaign in conjunction with the country's Visit Indonesia Year 1991. Directed at travellers and the international travel trade, the US$2O million campaign started earlier this month and
      317 words
    • Article
      Lock icon Ammirati finds its grip on Club Med loosening
      341 14 NYT Ammirati Puris may soon lose the Club Med resorts business, a small but important account that helped establish its reputation as a New York agency that specialised in stylish, often glamorous, advertising. Michael Cubin, the president of Club Med's North American
      NYT  -  341 words
    • Article, Illustration
      Telecom aims to make the right connections
      394 15  -  Call of the future is getting eloser to customers By Jean Wee SINGAPORK Telecom, whose 1990 advertising expenditure of $3.1 million put it among the top ten money-spenders for the first time, says its advertising and promotion budget for the next few years
      394 words
    • Article
      Lock icon Joint charge card by Lloyds, Amex
      428 15 IHT LLOYDS Bank pic and American Express have announced the creation of a joint charge card for business customers, a move that analysts said would increase the pressure on other credit-card issuers. The jointly branded card will be marketed through Lloyds' 2,000 branches throughout
      IHT  -  428 words
    • Article
      COPY LINES
      254 15 THE CHRYSLER Corp introduced a campaign last Sunday that seeks to turn the patriotic fervour from the Persian Gulf war into a stimulus for Americans to buy cars made in the US. The television spots, which were created by BBDO, use a montage of American scenes set to
      254 words
    • Article
      Bright outlook seen for local ad industry
      291 15  -  By Michelle Low TWO aspiring presidents of the Association of Accredited Advertising Agents (4As) feel the advertising industry has a bright future. The bread and butter issues will soon be resolved, both Ivan Chong and Gerry Pereira promise, once members arc willing to
      291 words
    • Article
      Untitled
      391 15  - By Said Abdullah Sis technologies, a fast-growing local company which is reportedly the region's biggest distributor of PC hardware and software products, has bagged six marketing awards four from HewlettPackard (Sales) Singapore and one each from two other US-based computer companies. HP's awards to SiS Technologies. awarded for its work
      391 words
    • Article
      Lock icon Advertising seen as shaky basis for US networks
      317 15 Reuter Advertising revenues, even when they rise out of a present deep slump, cannot sustain through the 1990s the big. broad-based US networks in their current form, top US television executives say. Without fresh revenue sources, broadcasting and cable executives say. the
      Reuter  -  317 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      139 14 SECRETARIES' W EEK APRIL 2 2-26 199 1 \"*s;' 1> Her efficiency is legendary. Treat her to an exquisite lunch at the legendary Maxim's de Paris. A full 3-course HH W<' "vlw meal with a choice of appetizer, main course, dessert, cot tee or tea. A tahulous t.ishion show featuring
      139 words
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      Page 14 Advertisements Column 2
      28 14 On Sunday June 16 I i I w jP* W rV i L .^A La l |Tj Ik^J ■p 9 1 I I nHHM W Tm 1 ifM
      28 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      97 15 WHICHEVER WAY YOU SEE IT IT STILL LOOKS FABULOUS THE INTERHOME COLLECTION I F° rever ~3flH v I 9l] GENE sofa suite luxurious sofo made of solid wood structure filled with non inflammable polyurethane foam Ist VI grode leather upholstery with OACRON fibre fill that maintoins the sofa's original shape
      97 words
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      Page 15 Advertisements Column 2
      238 15 to J v v >*' It contains information o\ iiow man AGF YOUR FINANCES, INVESTMENTS, STOt KS ANIT SHARES. AND OTHER INVESTMENT INSTRUMENT^ You'l.l. YOL K CPF f V 'I V" YEARS TO COME. PI.US LEGAL TIPS ANI) INFORMAV TION ON HOW TIT SELECT THE RIGHT INSL'KANC I IXM.ICY FOR
      238 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      412 16 BT Special Advertising Feature A bright new world 1 Jgl JUST AS the Rolls-Royce engines propel its Boeing air- the essence of the airline more succinctly. Every individu- y craft forward predictably and powerfully, Cathay Pacific al, whether a businessperson or tourist, receives the best v continues heading in a
      412 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      136 17 :-i>g:^al^^fes'^^ r^afe^^'^SSB^^BB^^KkKK^Kk^sX-K '''\%f%: n..^-'!r*ftN&. •■■Jfr f£f. V r *< J$$t V* r; M r» fi* /JL' -^Sdg' Hi afi£*?*S5&'* s r. i C' -wmmti $«*fc if 'A.-J8 *,^V'■' v "ll- y- > j n ti <-4ft** ~~9ff-> >,\ 0 -4NKg fefSfc? r K ,*jiFMBilMiKg ~'wt jpcpg^•t*tg. ifer *1 *jS A
      136 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      3878 18 K Keppel Bank of Singapore Limited (Incorporated in the Republic of Singapore) AND ITS SUBSIDIARY COMPANIES BALANCE SHEETS as at 31 December 1990 Bank Group Bank Oftq IQQO 1989 1990 1989 1990 1989 No,e SsSS SSOOO SlOOO SSOOO SS® OO S S*' ooo ***** SHARE CAPITAL 3 7SOOO C»-W-UK 1
      3,878 words
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  • SPORTS
    • Article, Illustration
      Lock icon Some very heavy positive thinking
      507 19 NYT GEORGE FOREMAN showed up in a houndstooth [jacket and sunglasses, think'ing positive. Then, near the end of the final news conference on Tuesday for the "Battle of the Ages" (Foreman, 42, vs heavyweight champion Evander Holyfield, 28) a reporter raised the prospect of Foreman
      NYT  -  507 words
    • Article
      Lock icon Strange, Norman pull out of Heritage
      278 19 AP THIS year's Heritage Classic may become as famous for who won't be playing as for those who will. Greg Norman and Curtis Strange both dropped out, joining Mike Reid. who withdrew earlier. "I'm obviously disappointed," tournament director Mike Stevens said of Norman and
      AP  -  278 words
    • SIDE LINES
      • Article
        Oh dear, where shall we stay in Barcelona?
        119 19 OLYMPIC leaders have complained about the high cost of hotel accommodation in Barcelona, the chief organiser of the 1992 Games said on Tuesday. "The only note of discord in our meetings with the International Olympic Committee (IOC) and the sports federations was
        119 words
      • Article
        Pistons on target
        70 19 ISIAH Thomas scored 22 of his 25 points in the lirst half, sparking the Detroit Pistons to a big early lead on the way to a 118-90 rout of the visiting Boston Celtics on Tuesday night. Detroit jumped out to a 15-2 lead after just 3:23 and
        70 words
      • Article
        Torrance moves up money list
        73 19 SAM TORRANCE has jumped to fifth on the PGA European Tour money list with his one-stroke victory in the Jersey Open. Steven Richardson retained the lead. Torrance, a Scot who edged Mark Davis in the weekend tournament in the Channel Islands to win U5559,994, now
        73 words
      • Article
        Jahangir hits jackpot
        57 19 JAHANGIR KHAN, who was on the verge of retiring last December, has signed the biggest sponsorship deal in squash. The legendary Pakistani signed a three-year multi-million dollar sponsorship contract with American racket-maker US Tech on Tuesday. The deal guarantees him a minimum of US$l million a year,
        57 words
      • Article
        Smith upsets Paz
        66 19 QUALIFIER Samantha Smith of England upset eighth-seeded Mercedes Paz of Argentina 6-3, 6-1 on Tuesday in a firstround match of the USS3SO,(XX) Virginia Slims of Houston tournament. Defending champion Katenna Maleeva of Bulgaria. seeded fourth, met Christina Papadaki of Greece in a later second-round match. Smith did
        66 words
    • Article
      Lock icon Borg bounces back in action
      283 19 AP IT WAS as it" Bjorn Borg stepped out of a time capsule and on to the Monte Carlo Country Club's central court. Although he's now 34, there stood the same old Borg: long blond hair, headband and plain white shorts. Only his sweater seemed
      AP  -  283 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      211 19 After the HP Apollo Series 700, nothing will seem hot anymore. We regret to inform all workstation This means you can now run your industry standards. Or for that matter, manufacturers that HP has just intro- applications on HP faster than any our world-famous service and support, duced their new
      211 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      253 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE r >y -^4"" /y Yl i\ treat Your Secretary To Something Special TfC.it vour secretary to an authentic IVnang RufVct Lunch and !'ishion Show at the I'rinccvsTcrracc ('ate. Kvcry $20.00+ you 1 .J entitles
      253 words
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      Page 20 Advertisements Column 2
      258 20 THE WALL STREET NIGHT KXCI.USIVKI.YAI EVERY THURSDAY MONEY, MONEY, MONEY Are you lt d 111 > with I lit- Fed? Down on the DM? rhen it's time for a break at CHINOISERIE Hankers and brokers this night is vour night. Inst show your business card and you gain free admission.
      258 words
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      Page 20 Advertisements Column 3
      264 20 J r THEME KARAOKE HITS TOWN! At Sirigsatiori Come exoerience the latest karaoke trend singing in different theme rooms From Outer Space to a Log Cabin, or even an Airplane Imagine being m someplace different every night. In fact, it's sensational! Plaza Hotel located M tusrment of mult* storey w*m*«coi
      264 words
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      Page 20 Advertisements Column 4
      367 20 Scandinavian Buffet Lunch April 1 30 Noon 2.30 pm P&OL Adult: $36+ Child below 10: $18 We serve the world to you at The Belvedere. -S\j/%andtmh II I (rfinpqporr Ink (ratal if capm e yt 111 Orchard Road Singaporeo92? Tel *****11 rJF Chefs Carve: 522.00** succulent roast on the wagon
      367 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      755 20 TELEVISION AND RADIO T r»UnllnMrrrkr saciz SS SRfttW-*. "business on radio I II I- 1 W I I|VI I 1 V-J 9.30 COP Rock Poets Don't Fail 5.55 Today in History. M—J llv kj VllCilivllCo|VO 7.00 AM CNN International il Mo Now (Stereo) Andy tries 6.00 News (M) BBC, 89.9
      755 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Director who was savage, yet gentle
      901 21  -  Peter Flint on the life and times of the late David Lean Peter Flint NYT SIR DAVID Lean, the leading British director of both intimate films such as Hricf i.n counter and oreal I xpci rations and epics such as I he Bridge on
      NYT  -  901 words
    • Article, Illustration
      Stars of all types gather to honour Ustinov
      511 21 CHATTERBOX MORE than 1(H) actors, singers. dancers and political leaders gathered on 1 uesdav at the UNESCO headquarters in Paris to entertain Sir Peter Ustinov on his 70th birthday. The British-horn actor, director and writer was honoured at a charity gala for
      511 words
    • Article
      Lock icon Divorce on an upswing in China
      496 21  -  Since the end of the Cultural Revolution, more than just the Communist Party is splitting up. writes Sheryl WuDunn Sheryl WuDunn NYT CLNTURIES ago. a wife in China could divorce her husband only if he denounced her ancestors, or killed someone in her family.
      NYT  -  496 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      222 21 AND ENTERTAIN The Happiest Hours In Town. in '"I \M II \M Happy Hours at The Fountain Lounge means enjoying a complimentary chink with every one you order. Plus, 25% oft bottle purchases. I here's great live music too. it ANA MOTH lb NANSIM I 111 i. \!N(iAIH>KI IwJ- 111
      222 words
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      Page 21 Advertisements Column 2
      65 21 o^^ ij'i A\>Sl MR* E HBBI^^i^BBBRHHIi^IsH^HHPIWBHRBHBIBiIHpi I h»> fre«lie«t, liveliest senfood place in town. You II have to go a long way to find seafood any fresker. LuncK: 12 noon 2.30 pm. "T^j* Except Sunday. Dinner: 6.30pm 11.00pm. rilf SCAFOOI) H*l f tEVFI I THS P«N MCIHI IKITFI SIN(.«Pi)IF MARINA
      65 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market stages brisk rally on strong overseas leads
      4888 22  -  B\ S N Vasuki THE SINGAPORE stockniarket staged a brisk rally yesterday following strong showings by the New York and Tokyo markets. On Tuesday. New York's Dow Jones Industrial Average advanced 54 points and. yesterday, lokyo's key Nikkei Index rose over 160
      4,888 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3831 23 Main Board OCBC Foreign 1150 160 S 5% SPII Foreign 1250 40 +3 3% Singmarine50« 600 40 +7.1% Nat St eel 955 4 35 1 3 8% Jurong Ship50* 870 35 42% SIA F oreign 1820 t 30 1.7% FELS5C 645 30 t 4 OUE
    3,831 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      Audited results
      164 24 Company Date Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend ('000) (cents) I -»S Apt 12 Dec 90 $286 348($250.338) 604(528a) 16(14 5a) Hiuw Apr 12 Dec 90 $26.196($24 815) 69 9(66 2) 31M25) M>.-i Lat.d Apr 12 Dec 90 $44 641h($16.210) 12
      164 words
    • Article
      INTERIM RESULTS
      278 24 Company Date Half-year Croup pre-tax Interim ann to profit/loss (I) dividend (000) Antah Hldgs Apr 10 Dec 90 W$18 075($14 587) Kurnp Emas Apt 5 lan 91 M$5.333(M$7 552! Rashid Hussain Apr 2 Nov 90 M$*****($10 862) Valine Mar 30 Dec 90 M$3 848($b 89?> -<-> Tongkah Htdgs
      278 words
    • Article
      PRELIMINARY RESULTS
      655 24 C. npi.-iy Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) Jt. £ng Ape 12 Dec 90 $4.42«(S3.673L) 157<—) 15(7 5) MMC Apr 12 Jan 91 M$80 866($120.476) 11 2(162) 50(70) AviPacld April Jan 91 M$12.022($6.554L) 2 3(-) 31(-) M 'iHiui
      655 words
    • Article
      CORPORATE DEVELOPMENTS
      319 24 Apr 16 Uniphone Telecommunications won a Ms2Bm contract to supply 750.000 S2OOOA telephones to Syarihat Telekom Malaysia Apr 15 The Central Provident Fund Board has revised the list of trustee stocks approved for investment by CPF members by including General Magnetic Ltd and excluding RMCA Reinsurance Ltd as
      319 words
    • Article
      DIVIDENDS ANNOUNCED
      1489 24 Current Ex Books Date Total for Total lor payment date close payable the year last year Acma 5%TE )un 5 Km 1/ Jul 1 10%fE Amtek En f 6<%TE(I) Apr il Apr 1/ Apr 26 6%TE 12%TE A who 5%TE Feb 25 Mar 7 May 15 125%IE 25%TE
      1,489 words
    • Article
      APPROVED ISSUES
      240 24 Company Rights Issue (Xriop Est Restated issue of $88 514m nominal value of 1M Convertible Redeemable Unsecured Loan Stock (CULS) 1991 19% issued or the basis of $1 nominal amount of CULS tor every 3 ordinary shares of II each heM at nominal value Eidate Apr Books dose
      240 words
    • Article
      PROPOSED ISSUES
      491 24 Company Rights Issue Akom Or* tot two (a MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CR**S> ot MJO 10 each at MJ1 per share with 10m detachable IS* on the basis of 1 CWS with 1 TSR tor every 4 CRPS Bolton One tor
      491 words
    • Article
      BONDS, LOANS & WARRANTS
      798 24 BONDS, LOANS WARRANTS cmrnmt C—wri- $m*4 C—korw. >r -o nd»»n +m* CtC Wt Before 26/4/93 1 warrant phis $3 09 cash Causewjy loan fiMitrrty Wt 2/10 89 to 20/10 94 1 warrant phis $0 11 cash or 1 warrant phis 50 77 nominal amount ot loan stock Ctuan Hl«> Notes
      798 words
    • Article
      COMPANY MEETINGS
      156 24 British-American Tobacco Company (S) Ltd: 48th AGM at 57 Senoko Drive. Singapore on Friday. April 19. at 11 30am United International Securities Ltd: 21st AGM at the Board Room. United Overseas Bank Ltd, 30th Storey UOB Building. No 1 Bonham Street. Raffles Place. Singapore 0104 on Saturday. April
      156 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      131 24 I I I I NEWS FLASH .^SSS* AtL fW IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports, Shipping Agents' List. Freight Rates and a guide to port of calls of major shipping lines, among
      131 words
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  • Article
    KUALA LUMPUR STOCK EXCHANGE
    3199 25 The Kuala Lumpur Stock Kxchange was closed yesterday. I he following are Monday's closing prices. INDUSTRIALS 244 165 MSB 50* 204 -I 37 206 204 4*8 209.3 448 310 ASM 50« 432 4 145 432 428 38 6 1773.3 3W 280 Actdchem 382 8 10 382
    3,199 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      162 25 BANKING, FINANCE Sc INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the
      162 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks nudging 27,000 on Nikkei Average
      2252 26 Reuter TOKYO STOCKS yesterday closed firmer for the fifth straight day, spurred by Wall Street's overnight gain and the stronger yen. The Nikkei Average spent the day hovering just below 27,000, the top of its recent range, but brokers said better fundamentals were required
      Reuter  -  2,252 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Political uncertainty sends investors to the sidelines
      2082 26 Reuter HONGKONG'S blue chip indicator sank 30.45 points to close at 3,687.01 yesterday as investors shrank from a market clouded by political uncertainty. "No new funds are going to come into the market while the airport debate continues." said James Osborn, assistant director
      Reuter  -  2,082 words
  • Page 26 Advertisements
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  • REGIONAL STOCK MARKETS
    • Australian stocks surge to year's high
      • Article
        SYDNEY
        294 27 AUSTRALIAN stocks yesterday swept to their highest close this year, driven by a sharp jump in Wall Street shares overnight and lower inflationary expectations. The All Ordinaries Index surged 19.0 points, or 1.3 per cent, to 1,489.7, its best close since Sep 13 last year when it was at
        294 words
      • Article
        MANILA
        500 27 IN MANILA, shares fell in moderate trade as the buying binge which characterised trading in the past weeks eased in the absence ol positive developments. I lie Manila Stock Lxchange Composite Index fell points to close at 1.080.93. "I he market is consolidating. We will see issues sliding to
        500 words
      • Article
        SEOUL
        861 27 SEOUL stock prices remained sluggish in the lowest trading volume this year as most investors hung back on the sidelines. sulTering from tightened won liquidity. The Composite Stock Index ended the day at 632.55. down 2.86 points from the previous session. Trade volume hit the lowest this year as
        861 words
      • Article
        BANGKOK
        873 27 THE THAI stock index yesterday closed slightly higher on a quiet day which saw most share prices move within a narrow range. The SET Index rose 4.43 points to end at 890.46 in turnover of 35.916 million shares valued at 4.62 billion baht. Brokers attributed the rise to rallies
        873 words
      • Article
        TAIPEI
        373 27 TAIWAN share prices reversed early losses yesterday to close higher across the board despite political jitters, but dealers said buying was cautious. A protest led by the main opposition party demanding faster demoeratic reforms attracted some 15.000 to 20.000 supporters in the afternoon. The Weighted Index, which was down
        373 words
      • Article
        NEW ZEALAND
        93 27 IN WELLINGTON, encouraging domestic inflation data, falling interest rates and a 54-point rise on Wall Street pushed stocks sharply higher on big volume. The 0.6 per cent rise in inflation in the March quarter, which took inflation in the year to March to only 4.5 per cent, helped
        93 words
      • Article
        BOMBAY
        32 27 THE BOMBAY Stock Exchange was closed yesterday for the Id festival. Trading resumes today. On Tuesday, the BSE Index fell 27.53 points to 1.274.97. The National Index lost 9.79 to 635.70.
        32 words
      • Article
        Untitled
        1792 27 (hist' Kwbhis \pril l~ SYDNEY All ()riiiiMrii> Indct 1.4X1.7 1.470 ♦-I'M' All IndustiuK Index 2..'12 2.2XI.S 'tis All Resources Index X6I I K50'» U» Turnover (million) 114 16 'J'41 16 BANGKOK SET Index K'Mllf. XX6 0< >4 J> Turnover (million bahl) 4.620 .'."45 JAKARTA Composite I mlex Closed 412 4S
        1,792 words
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  • WORLD STOCK MARKETS
    • Dow Jones closes at year's high
      • Article, Illustration
        NEW YORK
        1471 28 STRONG BUYING that intensified in the afternoon lifted all sectors of the stock market in heavy trading on Tuesday. At the close, the Dow Jones industrial average was at a high for 1991 and less than 13 points away from its record. while most other popular share indexes
        1,471 words
      • Article, Illustration
        LONDON
        866 28 LONDON shares rebounded from their depressed levels of the previous session on Tuesday on the London stoek exchange, taking comfort from a strong rise on Wall Street overnight but the market failed to hold onto its best levels as investor scepticism and new right issues continued to undermine sentiment.
        866 words
      • Article
        AMSTERDAM
        257 28 DUTCH shares continued firmer in quiet midday trading yesterday, supported by Wall Street's 1.8 per cent jump on Tuesday and gains on other European exchanges, dealers said. At 1155 GMT the CBS tendency index was 0.8 points firmer at 97.3, more than making up for Tuesday's 0.6 point loss.
        257 words
      • Article
        FRANKFURT
        201 28 GERMANY'S 30-share DAX index held an important psychological level at 1.600 points for the second day running on Tuesday, ending at the highest closing level since Sep 3, 1990. Dealers said trade had been quiet, with very few customer orders adding to the activities of professional traders. But many
        201 words
      • Article
        MILAN
        158 28 ITALIAN share prices began the May trading month with sharp gains with technical factors and the strong performance of foreign bourses combining to boost sentiment. The MIB all-share index registered an advance of 1.6 per cent by 0900 GMT yesterday with the underlying trend pointing to a similar final
        158 words
      • Article
        PARIS
        185 28 FRENCH SHARE prices were buoyant at midsession yesterday, building on their opening rise, with news of poor company results failing to dampen enthusiasm, dealers said. The CAC-40 index stood 24.05 points or 1.33 per cent higher at 1,826.96 by 1040 GMT. It had opened 8.73 points or 0.48 per
        185 words
      • Article
        ZURICH
        71 28 SWISS SHARE prices opened cautiously higher yesterday, supported by strong overnight gains on Wall Street and higher share prices in Tokyo, traders said. But traders warned that early gains could at least partially fade away in the course of the session as profit taking seemed possible after recent gains.
        71 words
      • Article
        STOCKHOLM
        92 28 PRICES on the Stockholm bourse fell broadly in moderate early trade yesterday, and dealers said investors seemed unimpressed by a 1.8 per cent hike on Wall Street overnight and continued gains in Tokyo. By mid-morning, the bourse general index had fallen 0.53 per cent to 1,076.70 in turnover of
        92 words
      • Article
        JOHANNESBURG
        343 28 THE JOHANNESBURG stock market resumed its recent sideways trend yesterday morning in dull trading as many investors stuck to the sidelines in the absence of any fresh incentives, dealers said. At 10:00 the JSE all-share index was at 2989 versus Tuesday's 2988 close, the all-gold index at 1065 against
        343 words
      • Article
        TORONTO
        289 28 WALL STREET surprised Toronto traders and jumped late in the day on Tuesday, pulling Toronto stocks along, dealers said. "It decided to run. which is indicative of a market that wants to go higher." said Lyle Stein, a portfolio strategist with Nesbitt Thomson Deacon Inc. The TSE-300 composite index
        289 words
      • Article
        Untitled
        180 28 \pril 16 Ckist Previous NEW YORK Dow Jones 2.986 88 2.933.17 ♦53.71 NYSK Financial 156 25 152 79 *-3.46 SAP 500 387.62 381.19 *6.43 Turnover (million) 214 5 161.8 »-52.7 LONDON Financial Times 30 1.985.5 2.00.V6 -18 I FTSK KM) 2.519 5 2.542 8 -23.3 Turnover (million) 446 0 394
        180 words
  • Page 28 Advertisements
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      38 28 For information on where to buy your copy of: Singapore Business, Her World, Go, Home Decor, Young Parents call our Customer Services Section (740-1839, 740-1840) Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar weakens against mark in early European trade
      1186 29 REPORTS THE US DOLLAR slipped against the mark but was steady against other currencies in early European trade yesterday. Traders expected the dollar to remain trapped in a narrow band until uncertainties about possible interest rate moves in the US, Germany
      1,186 words
    • Article
      MONEY MARKET
      394 29 Cross rates Apr 17 USS SS MS Dm Yen SFr AS N/S USS 1.7490 2.7305 1 6650 134.70 0.5585 ***** 1.2812 1.6903 SS 0.5718 1.5612 0.9520 0.7702 0.3193 0.8105 (***** 0 9665 MS 0.3662 64.05 0 6098 0.4933 0 2045 0.5191 ***** 0.6191 Dm 0.6006 1.0505 1.6399 80.90
      394 words
    • Article
      INTERBANK FOREX RATES
      596 29 Interbank rates S$ Bid < >ffer Overnight 4 3/8 4 1/2 1-month 4 1/2 4 5/8 2-month 4 9/16 4 11/16 Vmonth 4 5/8 4 3/4 Overnight mode: 4-7/16 ISS Rid Offer 7 days 6 1/16 6 3/16 1 month 6 1/16 6 3/16 2 months 6
      596 words
    • Article
      Lock icon Spaniards allowed to hold foreign currency accounts
      293 29 FT SPAIN on Tuesday night removed the last of its controls on capital leaving the country, in an effort to relieve pressure on its overvalued currency before further interest rate cuts become inevitable. The move follows an attack on Spanish monetary policy last
      FT  -  293 words
    • Article
      Netting of forex transactions may start in Asia this year
      264 29 AUTOMATED multilateral netting of foreign exchange transactions will become technically possible in Asia this year but its implementation will hinge on the solution of other issues. Currently, all transactions between trading parties are settled but, under the planned system, only
      264 words
    • Article
      FINANCIAL FUTURES
      1238 29 SIMEX EURODOLLAR Open High Iaw Sett Est Vol Op/lnt Vol Jun 91 91.69 93.71 93.6H 93.71 6742 ***** 5480 Sep 91 93 44 93 46 93.44 93 45 2580 8347 3390 i Dec 91 92 99 93.02 92.99 93.01 555 9413 1388 Mar 92 92.77 92.77 92.76 92.77
      1,238 words
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  • COMMODITIES
    • Article
      Lock icon Tocom's computerised system runs into hitches
      640 30 Japanese commodity exchange intends to go international Reuter JUST two weeks after the Tokyo Commodities Exchange for Industry (Tocom) launched its computerised trading system, dealers are encountering several unresolved problems. The system is aimed at making Tocom Japan's largest commodity exchange more competitive globally,
      Reuter  -  640 words
    • Article
      Lock icon Malaysian rubber output falls 20pc
      292 30 Bernama MALAYSIA'S production of natural rubber in February this year declined 20.1 per cent, or 27,720 tonnes, to I 10.226 tonnes compared with the previous month, but was 14.3 per cent higher than the output of 94,461 tonnes in February last year. The Statistics Department.
      Bernama  -  292 words
    • Article
      Short-covering boosts gold prices in HK
      507 30 REPORTS GOLD yesterday ended stronger in Hongkong on local short-covering, finishing just below an intra-day high but dealers said trade was otherwise dull owing to a lack of fresh news. Bullion climbed to U*****.10/60. just below an int ra-dav high of U*****.30/80 and above
      507 words
  • Article
    PRICES
    1569 30 Rubber pr i? MS (fob in bales) S cenlvkg Noon Close Inl I RSSPrompt I42.25/I43.25N I42.2VI43.25N Int 1 RSS Ma\ 9| 144 75/145 25 I44.7VI45.25 Int I RSS Jun 146 50/147 00 146 50/147.00 Inl 2 RSS OP 142 25/144 25N 142.5tV 144 SON Int 3 RSS OP 137.75/139.75N
    1,569 words
  • Page 30 Advertisements
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      1196 30 BUSINESS TIMES M KJ <1 IKPHONK: 730 5771/5772/5773 FAX: 734-4982 TV Nl \rrjrJ SING INVESTMENTS FINANCE LIMITED /oil* (Incorpoiated in ttm Republic ol Sirgapce) ANNOUNCEMENT Pursuant to Article 8(1) (b) of the Articles of Association of the Company, it is hereby announced that the Status Declarations received by the Company
      1,196 words
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      Page 30 Advertisements Column 2
      11 30 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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      Page 30 Advertisements Column 3
      15 30 The Malaysian rubber, tin and palm oil markets were closed for Hari Raya Puasa yesterday
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1138 31 City Flight ETA Flight ETD Abu Dhabi GA976 0010 I GA890 0150 GA970 2245 Adelaide QF7 1815 Amsterdam SQ23 1815 GA890 0150 KL835 1415 KL836 2215 SQ23 1815 SQ24 2200 KL838 2240 Attorn SQ45 0750 SQ24 2200 OA471 2205 Auckland NZ35 1550 BAH 1255 SQ338 2030
    1,138 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Warm hearths at earth's end
      716 31  -  POSTCARD FROA* BRITTANY By Nigel Woodsworth IN THE Breton language. they call it /V«ar fh'ii. In French, it is I inistere. Both mean the same thing: the end of the eaith. Stand at the jagged tip at the end of the long peninsula on which
      716 words
    • Article
      MONEY CHANGER RATES
      160 31 As at 3pm yesterday: |4k:uI dollars to one unit of foreign currency Currencies Kid Oiler \u\lralian dollar I 355 1.375 Canadian dollar 1.510 1.530 N/ dollar 1023 1.053 Sterling pound 3.105 3.125 US dollar 1.7430 1.7530 laical dollars to ItH) units of foreign curreno Austrian schilling 14.70
      160 words
    • Article
      WORLD TRADE EXHIBITIONS
      82 31 DmtMM I itli Vawc (kpMcr rd Ikntm litlc Vc—e Onincf Tel April XVI International Buenos Chamber of (54IK>«H,«W4 \piil International Ctrecht. koninklnke <JI>.V»559I 11-26 Furniture Aires Manufacturers IVI«» Pai Waging Netherlands \ederlandse Exhibition ot" Furniture F*hihitu»n Jaarbeurs F.xpomucMe 91 Baijcav \pril International Zagreb. /agrehacki 'H4I5II666 I(»• 21
      82 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      45 31 Bud, youH be a lot wiser when you learn about Finnair's New York route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Hun >[»■ I n mi skirt to Finnish
      45 words
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      Page 31 Advertisements Column 2
      58 31 Li: 8 Ls Entertainers need to be entertained, too. But just who do big-time singers listen to, y or look up to, for inspiration? VjJBA Maizurah likes Tiffany KUw Mel Ferdinand goes for the Beatles jj|j^ So does Michael Jackson Madonna is a fan of Chaka Khan 'v Entertainers 1
      58 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      269 31 ACROSS p p p p One stands under bridge— mmmm 8 There is no bread at the end of this round (7,6) I Doctor to work a little (4) 12 Tape of Ovid with English Hi construction (5) 12 13 Mid-off takes the field mm with a jumper (4) 16
      269 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      240 31 Singapore Outlook: Showers o»er several areas in late afternoon and early rtcning. Ii in-cast: I Maximum temperature 30.2 X' \ssoc humidity 78% Minimum temperature 23.1° C Asm* humidity 95% I lours of sunshine. 0.00 Kamlall in mm 0 8 Kaintall this month 66.7 1 Rainy davs this month.. 7 World
      240 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      22 31 fe&P ftND G£T ON) (POH\ PUSH s P uß t^«^} X |U[ |SLA M O CVCNMO STAMOAfU) CO. LTD. IM2 IMI Wu
      22 words
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  • Article
    TDB Holdings seeks US tie-up
    362 32  -  Joint venture sought to boost computer exports By Schutz Lee TDB HOLDINGS is looking to tie up with an American partner to pave the way for exports of Singapore-made computers and software to the US. The investment arm of the Trade Development Board is now
    362 words
  • Article
    OUE plans to buy into existing Beijing hotel
    549 32  -  From Yong Pow Ang in SHANGHAI OVERSEAS Union Enterprise (OUE) is planning to buy into a hotel in Beijing, a move which could set a new trend in hotel investment in China. The strategy of buying into an existing hotel is in
    549 words
  • Article
    Lock icon Major Thai banks to cut short-term, prime lending rates
    306 32 Reuter FIVE major Thai commercial banks are to cut their prime lending and short-term fixed deposit rates by one percentage point starting on April 22, senior bankers said. The three-month fixed deposit rate will be reduced from 14.25 per cent to
    Reuter  -  306 words
  • Article, Illustration
    Hongkong waits for no man
    653 32  -  The Bottom Line CATHERINE ONG CATHERINE ONG The writer is HT's Hongkong Correspondent I Ts not everyday that >ou get two Cabinet ministers to fly 2.MK) km from home for the opening of a hank branch, not even if the hank happens to be the
    653 words
  • Article, Illustration
    Lock icon Nothing comes out of disputed islands talks
    407 32 Gorbachev's visit to Japan Reuter SOVIET President Mikhail Gorbachev and Japanese Premier Toshiki Kaifu will have an unscheduled fourth session of talks today after both sides battled to reach agreement yesterday on the future of the disputed islands. "There were no new proposals
    Reuter  -  407 words
  • Article
    Lock icon US railworkers begin nationwide strike
    236 32 Reuter UNIONS representing up to 250.0(H) workers began to shut down US freight railroads yesterday in a strike which government olticials say could jeopardise economic recovery prospects. Carmakers said the strike, the first nationwide rail stoppage since would lead them to start laying oft'workers in
    Reuter  -  236 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      99 32 Nikon The World's Finest Photographic Systems Dauphin Sitzkultur You R BACKBONE IS WHERE YOU FEEL YOUR COMPANY'S ATTITUDES. We want to inspire people with chairs which display corporate identity: The superb, clean the design of Dauphin chairs integrate elegantly into the office environment. Reasonably priced seating facilities with functions which
      99 words
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      Page 32 Advertisements Column 2
      9 32 $132 m valuation surplus for OUE flagship, Pg 3
      9 words
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      Page 32 Advertisements Column 3
      10 32 Grant will help computer firm become local MNC, Pr 2
      10 words
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      Page 32 Advertisements Column 4
      64 32 Nikon The World's Finest Photographic Systems Bank of Singapore Australian National Headquarters Building |NH|1 1 99 Queen St y Mf! f Melbourne twelve storey office building is securely till SBj j«H leased and is situated in the heart of Melbourne's financial district. 91 of «i 220 3888 M m ?l
      64 words
Page thumbnail Page 33
  • Shipping Times
    • Article
      S'pore can benefit from India's aim to expand fleet
      490 33  -  From Shirish Nadkarni In BOMBAY SINGAPORE'S shipbuilding yards as well as shipping companies could well be among the direct beneficiaries of India's just announced resolve to acquire ships and promote joint ventures with reputed foreign shipping companies. The Indian National Shipping
      490 words
    • Article
      Lock icon Labuan airport to meet international regulations
      193 33 Bernama THE proposed Msls9-mil-lion (S$ 101.7 million) airport for Labuan will meet the regulations of the International Civil Aviation Organisation (ICAO) in anticipation of the island's potential to become an international ofTshore financial centre (IOFC). Disclosing this on Monday at the end of his
      Bernama  -  193 words
    • Article
      Lock icon HK bows to China over airport issue: radio
      161 33 AFP HONGKONG is willing to set aside a speeial sum of money to ease Beijing's fears over the British colony's US$lO billion (SSI7 billion) airport plan, the governmentrun radio RTHK said in Hongkong on Tuesday. Beijing wants the British to guarantee that
      AFP  -  161 words
    • Article
      Lock icon Newly formed Vietnamese venture to export crude
      293 33 AFP VIETNAM has set up a maritime shipping company that will export crude oil and natural gas and import fuels, the Vietnamese press reported on Tuesday. The company, created last Wednesday as a joint venture between the Vietnamese Transport Ministry, the im-port-export petroleum
      AFP  -  293 words
    • Article
      Lock icon Larger cars safer than smaller ones, research confirms
      522 33 AP THE MIDSIZED Volvo 240 station wagon is the safest car on the road, an insurance industry research group said on Tuesday. The Chevrolet Corvette had the highest death rate per 10,000 registered cars, the Insurance Institute for Highway Safety said in
      AP  -  522 words
    • Article, Illustration
      Rolls-Royce plans to open factories in Asia
      397 33 ROLLS-ROYCE, the proudest name in British engineering. is planning to open factories in the Far East in a j Historic shift to overseas iianufacturing. reports the South China Morning Post. Senior executives will fly to Bangkok next month for talks with government offi--1
      397 words
    • NEWS SUMMARY
      • Article
        Hagen scents victory at Nedlloyd
        55 33 NORWEGIAN investor Torstein Hagen appears close to his goal of controlling Nedlloyd and his influence will mean radical changes at the Dutch transport giant. For starters, he has proposed divestment, restructuring both shipping and land transport, a reduction in corporate overheads and a project to
        55 words
      • Article
        US braces for freight rail strike
        42 33 AMERICANS waited with mounting gloom for news on contract talks that would avert a nationwide freight railroad strike. Industries predict plant closings and millions of dollars in lost revenues if the strike goes ahead Back Page
        42 words
      • Article
        Sales of US-made cars down 17 per cent
        27 33 SALES of American-made vehicles fell 17.1 per cent in early April, as buyers remained sidelined by debt Back Page
        27 words
      • Article
        Ecological disaster at Riviera averted
        34 33 ITALIANS are struggling to keep oil slicks from a sunken tanker away from Riviera beaches but officials said there is now little danger of an ecological disaster Back Page
        34 words
      • Article
        Portugal to privatise four companies in May
        28 33 PORTUGAL'S centre-right government said it would resume its privatisation drive next month with sales of stakes in four companies. Back Page
        28 words
    • LOG BOOK
      • Article
        US rail strike will affect Shell operations
        93 34 A US RAIL STRIKE lasting more than several days would afl'ect operations at Shell Oil Co refineries, a company spokesman said. "If there is a rail strike of more than several days we could expect an impact at Shell manufacturing locations. We expect
        93 words
      • Article
        Asarco ready for short strike
        89 34 ASARCO INC said it has contingency plans to ship product by alternate means in the event of a very short railroad strike. A strike of longer duration, however, could interfere with scheduled deliveries of refined metal primarily copper and lead to customers. A spokesman said
        89 words
      • Article
        Canadian firm to export gas
        56 34 CALGARY-BASED natural gas marketer Pro Gas Ltd has applied to export 27.4 billion cubic feet of gas over a 10-year period beginning in November 1992, Canada's National Energy Board said. The gas would be exported at Emerson, Manitoba, to Northern States Power Co for distribution
        56 words
      • Article
        Japan to set up astronaut centre
        99 34 JAPAN will begin building its first full-fledged astronaut training centre by next March, the National Space Development Agency said on Monday. "The centre will train Japanese astronauts to be aboard a space station," an official of the government agency said. "Americans, Canadians and Europeans
        99 words
      • Article
        Daihatsu to export to Poland
        82 34 DAIHATSU MOTOR CO LTD has resumed shipments of cars to Poland following renewed demand there, a spokesman for the mini vehicle maker said. Daihatsu, owned 14.1 per cent by Toyota Motor Corp, exported 60 cars to Poland in March, the first shipment since 1988 when
        82 words
      • Article
        Moeller appoints successor
        56 34 DANISH SHIPPING, oil and gas group AP Moeller announced the appointment of Jess Soederberg as deputy to 77-year-old Maersk Mc-Kinney Moeller, chairman and senior partner of the AP Moeller group since 1965. Soderberg, 44, is to succeed Mr Mc-Kinney Moeller as AP Moeller's chief executive when he
        56 words
    • Article
      DAILY FREIGHTS
      1158 34 CHARTERING on the dry cargo freight market remained quiet on Tuesday with scattered fixings in most scctors, but the underlying trend appeared firm, brokers said. The market was further underpinned by expectations that the Soviet Union will re-en-ter for tonnage. The US Department of Agriculture announced on Monday
      1,158 words
    • Article, Illustration
      Lock icon Hagen scents victory at Nedlloyd
      1151 34 Norwegian investor Torstein Hagen appears close to his goal of controlling Nedlloyd and his influence will lead to radical changes at the Dutch transport giant Lloyd's List FOR a man who has been quoted as saying reason should prevail over emotion, Torstein Hagen is surprisingly
      Lloyd's List  -  1,151 words
    • Article
      COCKETT BUNKER MARKET REPORT
      894 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      894 words
    • Article
      THE SHIPPING GUIDE
      12661 42 1 his 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. \dvanccd dates are published for a
      12,661 words
    • Article
      SHIPPING AGENTS
      3350 47 Containerline NV: Bclsin Shpg Agencies Pte Ltd (SyMarinc Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsourcc Shpg Trdg Pte Lid (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,350 words
    • Article
      COURIER SERVICES
      255 47 Abacus Couriers Td: 545-8011. Fax *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Td: 278-0188 Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421 Fax: *****75. City-Link International Tel 344-3377. Fax: *****50. Cluster Link Supplies A Services
      255 words
    • Article
      AIR FORWARDERS
      1499 47 Abe* Express Freight Tel: 542-7171. Fax *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822 Fax *****20. Aerolink Freight International Tel: 545-8033. Fax *****05 A en* peed Tel: 542-5911. Fax: *****18 Air Cargo Novo Express Tel: 542-5454 Fax *****06 Air Express International Tel: 542-7666 Fax: *****74,
      1,499 words
    • Article
      PORT CONDITIONS
      3314 48 ARGENTINA San 14>ren/<): Port full. 8 vessels berthed loading various commodities, mainly grain by-products, 5 vessels anchored in roads awaiting berths of which 3 to load bv-products. 2 grain. Rosario: Three vessels in port of which 1 loading sugar, I pelletised meal. I grain. 1 vessel berthed in
      3,314 words
    • Article
      AIR FREIGHT SCHEDULE
      498 48 ARRIVALS DEPARTURES Op Might 1 )P4LI A 1 From Op Flight 1 >p» F II) 1 lo TODAY TODAY JAI JI.6I7 B747I 02(M> 1 NRT SIA SQ802 B74 7 F 02 30 •> S\ O/AKL KM KE697 B747F 0220 1 SFL KAL KE697 B747F (►450 1 BKK
      498 words
    • Article
      CRUISE & FERRY SCHEDULES
      249 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait IH-p Nam*' of Vessel ETA KII) Ports of Calls Port \gent APRIL 19 19 ("ura Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 22 22 Sea Princess 0800 1200 Jakarta-Sin(Dock) Straits Shipping 23 23 Roval Viking Sea (WOO 2359 Sin-Bangkok-Sin Barwtl Agencies 23 23 Cora Princess
      249 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      655 48 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers Mnimosyni: 64.576 dwl and built 1968, sold at an auction to Hongkong-based interests for around US$3.2 million. I he Istanbul 7™ 63,533 dwt and built 1973. sold to a Greek concern for around US$5.7 million. Ihe Verma:
      Reuter; AFP  -  655 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        557 49 U »CMO Voy No Birth Arrival Departive Veud Voy No Borth Antal D*Mrtir« Keppei Wharves VMofummed 6 K30 Ms Danaos 03tB K29 Andaman Pees 07/91 (P) C08 East Rainbow 2 X31 Li Heng 91/3 K32 reus 2107 C09 Trans Fjord 197A CIO Kmher* 9104 H33 Puneer Wave
        557 words
      • Article
        CONTAINER SCHEDULES
        1307 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Booto*/Manc« Mb Ship Voy No Etb/Blr Period From To Fnm to Rose 12 19/1400 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Ad Goncharov 20SI91 19/1200 2 17/1700 18/0659 18/0900 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Aka
        1,307 words
    • Article
      Lock icon US braces for freight rail strike
      282 50 Hopes for a settlement on contract talks are dim: Skinner UPI KROM Pentagon brass to Detroit car executives and 75,(X)0 Chicago commuters, the United States waited with mounting gloom on Tuesday for news on contract talks that would avert a nationwide freight railroad strike.
      UPI  -  282 words
    • Article
      Lock icon US economic recovery in danger of being derailed
      423 50 Reuter A NATIONAL rail strike could derail the United States' attempt at economic recovery by crippling scores of industries, from cars to cattle feedlots, business leaders said on Tuesday. More than a quarter of the freight shipped around the US, including critical
      Reuter  -  423 words
    • Article, Illustration
      Lock icon Major ecological disaster at Riviera averted
      443 50 Reuter ITALIANS struggled to keep oil slicks from a sunken supertanker away from Riviera beaches yesterday but officials said there was now little danger of a major ecological disaster. France, its own Mediterranean coastline threatened by oil from the Cyprus-registered Haven which burned for
      Reuter  -  443 words
    • Article
      Lock icon Portugal. to privatise four more companies in May
      290 50 Reuter PORTUGAL'S ccntre-right government said on Tuesday that it would resume its privatisation drive next month with sales of stakes in four companies. A Finance Ministry spokesman said in Lisbon that the government would sell investment firm Sociedade Financeira Portuguesa SA on
      Reuter  -  290 words
    • Article
      Lock icon Sales of US-made cars down 17pc in early April
      616 50 NYT SALES of American-made vehicles fell 17.1 per cent in early April, as buyers remained sidelined by debt. Nine manufacturers sold a total of 153,335 cars in the April 1-10 period, a decline of 16.7 per cent from a year earlier.
      NYT  -  616 words
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      Page 33 Advertisements Column 1
      161 33 BSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, SPORE 2263 FAX: 861 -2946 TEL: 861 -5855 (5 LINES) TLX: RS ***** SHMCPL SoteAgem CIFA Also buy, sell rental A repair %v Mil *-V vt, a I •f M °t WifeiSiiriM 'ST'K > '?Mr*::.fJ v >•- vx H
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      Page 33 Advertisements Column 2
      51 33 A* Forwarders 15 A* Fmght Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Frwghts 2 Indei to Advertisers 3 Port Condrtnns 16 Shop** Agents 15 Shipping Gwde 10,11 SitpsJes/Tanker Rates K Sl*ps m Port 17 Singapore fries 17 Transport Diary 2 Weather and Sea Conditons
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      Page 34 Advertisements Column 1
      110 34 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Slorics on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and 1 j relevant book reviews. fy I Sj ENTERPRISE MANAGEMENT, in U Business Times every Monday, is must t reading for managers who want the
      110 words
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      Page 35 Advertisements Column 1
      2281 35 A) 0 Cantoiui«nt Road #12 05 Southpuint. Singjpo*« 0208 mil IF# Tel TELEX NO RS BUlllf *****18 220 BOOKINGS Tel *****34 258 L VUf J PESAKA JARDINE SHIPPING ACCNCICS SON PORT HUANG TEL. *****18 TELEX NO MAJ9477 MA***** PENANG lEL *****4 TELEX NO MA4OO/3 CFS TEL *****6 D<xlLvik./l Li {'Xwilitv
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      Page 35 Advertisements Column 2
      927 35 INDEX TMDVERTISERS Cage C '«l P*Bf (ol A Macolinc 9 4/5 Macrsk Line 3 4/5 ABC ("ontainerline 12 I •MISC 14 1-3 Accord («toop 8 1-3 M'sia Shpg Corp 1/2 Albatros Sea-Air 14 3 Mercury Line 12 2 Allied-Link 16 4/5 #MO L 18 4/5 I MOSK (Forest) 5 5
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      Page 35 Advertisements Column 3
      2104 35 BQEHISEaSEa TRANSIT TIME FROM SINGAPORE TO HONG KONG 4 DAYS Vessel Voy ETA I ETO "Port"Menai'g I DESTINATIONS Singapore Kelang L. i J CFS ff4;iMHRS M Tauro OAK LGB MOO MtM ATI MA CMS BAL PML NVC MON TOH LOUIS MAERSK 9)04 I' 4 1! "c j It •> >5
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      Page 36 Advertisements Column 1
      1287 36 Ihottioam*] VOY NO SPOHI SOI) TM AMP TON HAMBURG ANTWt HP LI HAVRE flflHl HAMBURG EXPRESS 02 115 14 1 10 •> 8.5 7<S j^jiu HANNOVER EXPRESS 02/315 22/4 8 5 10/5 IJ/5 14/5 KATSURAGI 05,116 25/4 16/5 14,5 13,5 I AIL TOTBOUNOP THAMES 05.316 28 4 14/5 16/5 19/5
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      Page 36 Advertisements Column 2
      584 36 I^s DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I J HON TANG 2103E ?V4 12/5 IS/5 20/5 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA PAGO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI (PERU) I J HON TANG ***** 25/4 3/6 4/6 7/6 9/6 10/6
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      Page 36 Advertisements Column 3
      1535 36 KSSmBJUMA &MMB REGULAR mOEPCNOENT FULL CONTAINER SERVICE w£ST66UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MANSOORAH 910/ 3 21/04 11/05 12/05 17/05 18/05 19/05 20/05 21/05 22/05 ARABIAN SEA 108W 28/04 19/05 20/05 24/05 25/04 26/04 27/04
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      Page 37 Advertisements Column 1
      2015 37 jjgSteamers Maritime Holdings Ltd P&O OFi• STRAITS SHIPPING 9 j SlMJUort ti BrttMi list Milivsii Containers tsum ACCEPTS 0U( SAILS to, h iKj .N Sp«- Ai, Sou *'t Hit Him CARGO (ElSi MAtUSH .304 ISUI 0305 <*16 0705 >r)O5 STRAUS VENTURE VObt Muiri Lib KK 17 18 Apr 19 Apr
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      Page 37 Advertisements Column 2
      2325 37 TO: g-S-A,/PANAMA fm us a./panama V OAK ica C«l FOB SAY «K» #YC PANAMA UN W 117 U? US l"» l»4 Jm" US »i lis 1a It ~'J WOTAMC f«0»ITIt« MA 111 27 i ftl 111 54 HI li» U 4 S!SiTs€ c MrSc"!" "t lit M !M ?sr;i A
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      Page 37 Advertisements Column 3
      368 37 agi STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR NAHA OSAKA AND TOKYO M.V. ASIAN CLIPPER Vl3l ETA KUCHING 29/4/91 ETA KK 1/5/91 ETA SADAKAN 3/5/91 ETA NAHA 9/5/91 ETA OSAKA 13/5/91 ETA TOKYO 15/5/91 NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT
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      Page 38 Advertisements Column 1
      725 38 MB CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY SWRE HOAM ADAM H BURG BRLMIN ANIWRP KUTAI,22WB 1/5 9* 14/6 l/« FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ecl lo Inducement Also accepting cargo to Casablanca. Port Said Port Aleiandrla Genoa. Trieste AISO ACCEPTING BOTH CONTAINERS CONVENTIONAL CARGO VIA
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      Page 38 Advertisements Column 2
      1090 38 iM, HANJIN SHIPPING S 00/e L£H RTM ANR HAM BRV fEL VSI SIN LINE HAUL LAX OAK HANJIN LEHAVRE 012W <14 'i i ID b 115 lib PS IJS HANJIN OAKLANO ODE 24/4 H ROTTERDAM 014E 70S ?J/5 HAN N TONfHAF MUM Al If S II? «S 70S Jl S
      1,090 words
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      Page 38 Advertisements Column 3
      1272 38 -j 1tr0cc....,, 1 M c 1,56 LC PUS HM OSK NOT SM2 TYO LAX CMS BAL NYC LHV ANW ROM TMP NBC PSO CMS PKL SCP I "J »J *'< ®'< 2 V 5 W 7/5 I*4 30ft 1* 3/6 12/6 13/6 14/6 l» 17/6 27* 7/7 11/7 127 w
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      Page 39 Advertisements Column 1
      493 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) 0-4 BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 iMII CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 wmmmm nepune sdn bhd Malaysia K.L.-(03) *****33. P. Kelana-(03) *****87, Penaig-(04) *****0.
      493 words
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      Page 39 Advertisements Column 2
      581 39 [ANTWERP 21/4 KAOHSIUNG2I/4 [COLOMBO 21 BREMEN 21/4 KEELUNG 21/4 BOMBAY 22 4 HAMBURG 21/4 HONGKONG 21/4 LEHAVE/LONDON 21/4 ISLr 5Hi FELIXSTOWE 21/4 MANILA 20/4 :£HTTAGONG 14 4 GENOA 21/4 BUSAN 21/4 CALCUTTA 18 4 MARSEILLES 21/4 BANGKOK 20/4 [ROTTERDAM 21/4 JAKARTA 21/4 ESIHH PORT KELANG 19/4 SYDNEY 20/4 |p ENANG
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      Page 39 Advertisements Column 3
      1092 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VfSSEIS VOrAGI I Kits |VA>« L« I ««OI»G VOVAGf SPORE WIANC HBuRG B
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      Page 40 Advertisements Column 1
      1421 40 KW f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TEL: *****77 TELEX. KAWAKI R*****5 FAX. *****79 I Md MALAYSIA -K" UNE MARITIME (MALAYSIA) SON BHD 1 JL Hbi M All u TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. INDONESIA:
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      Page 40 Advertisements Column 2
      1216 40 PHIU-OM€NT UN€S PT€ LTD 108 ROBINSON ROAD #0/00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS 28/20 PHILI FAX *****76.*****38 jfllf BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGI IT FORWARDERS ASSOCIATION *wr MONTREAL, Ottawa, 19 APR DUBAI. DAMMAN. SHARJAH, !£K?,!!!!£?'
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      Page 41 Advertisements Column 1
      1647 41 aagjPlf PACIFIC INTERNATIONAL LINES (PTE) LTD gf Jfc PIL Building, 140 Cecil Street *03-00, Singapore 0106 fJAKARTA I I BANGKOK VESSEL VOV SIN JKT SIN 9U3 SS 26M GOWA 9106 19/4 21/4 INGENUITY 129N 20/4 23/4 27/4 KOTA JADE 9108 21/4 23/4 27/4 KOTA BINTANG 9110 23/4 26(4 30/4 RtEN
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      Page 41 Advertisements Column 2
      822 41 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE FLEHAVRE ROTTERDAM TS HAMPTON HAMBURG FGOTHENBURG FRANCE UK GERMANY SCAN SWEDEN Benaklet' 106 18/4 11/5 Bunga Permai 118 23/4 10 5 11/5
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      Page 41 Advertisements Column 3
      353 41 IES ASIA COST USER SERVICE S pore B fcoh Ingenuity VI29N 20 20 Apr 23-24 Apr Pegasus Progress V 664 N 23-24 Apr 26-27 Apr Ingenuity VI3ON 27-28 Apr 30 1 May Pegasus Process V665N 30 1 May 3- 4 May General Agents Tel: *****22 Ben Line Agencies (S) Pte
      353 words
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      Page 41 Advertisements Column 4
      614 41 m' MYANMA FIVE STAR UNE W (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klg Pen P Gdg MYITKYINA V427W 20 22 Apr HP* AN Ilill Apr THE BANK LINE (A service ol Andrew Weir Shipping) SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA
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      Page 44 Advertisements Column 1
      759 44 TO AUSTRALIA/NEW ZEALAND I VM Sin Erem iMclb Ts»d I Auck FnPE |p CHAIN I I MARTHA II 2W 284 "is TTi 7iS 2ft4 2?4 liil II ELLEN HUOIC 220 I+s Til 2*, i ~m Js M I BRUSSEL 27! Hil U loi TTs m 2U 23» I C VEROLME
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      Page 44 Advertisements Column 2
      1145 44 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE j [OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TYO SMZ NGO KOB VESSEL VOY |SIN I PKL PNC BLW SIN I ACX ROSE 12 20 4 "15 4 19 4 26 4 »4 71 TV ACX ROSE
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      Page 44 Advertisements Column 3
      1542 44 /Ife 1 5P CHINA OCEAN SHIPPING COMPANY FUI.L CONTAINER LINER SERVICE TEL *****00 2, MISTRI ROAD. HMC BUILDING TELEX: RS **»COSHIP #15 00 SINGAPORE 0207 FA *****66 CR NO- **********0 M CABLE: COSTARLINE General Agents: COSTAF SUPPING PTE LTD TO HONOKOMQ AMO CHINA FROM HONG KONQ AND CHINA VESStL/VOT SCP
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      Page 45 Advertisements Column 1
      1021 45 roc coHVPmoNAi smvicm Vessel PKL PNG P G Loading for A VESSEL rto4 Rottefd.im.Antwerp CHINA riftl COWTAWM BKKVICE Vessel SGP PKL BKK MKG QIN SHA YANGFANCKOU 1« 29,04 MO4 O/Ob 12(05 16/0S YANGFANCKOU ISI »OS 301 ft 0/06 1206 16/06 Also jcccfiling other Chinese oorts vm HKG AWTtAUA HIU. COWTAPM
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      Page 45 Advertisements Column 2
      342 45 ff&l RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) m FAX: *****15/*****03 IfTl) TELEX: RS ***** RISHIP (3 Lines) \m ETHIOPIAN SNIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSE I [VOV ETA I LOADING FOB SPt)R£ ABBAV /B*B Id-OS OARESSAI AAM MOMBASA DJIBOUtI ASSAB
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      Page 45 Advertisements Column 3
      1130 45 SYDNEY/MELBOURNE BANGKOK VtSStl VOY PORE SYO mi ViSSU VOY SINGAPORE BANGKOK PLANETA 0648 n W 76-2>/5 JEM INK SIN Thuf In Pt Sun 21/4 PIYA BHUM 0704 14 15/5 27-29/5 it 2ft NANTA BHUM 37N Fn 19<4 Hon 22/4 I PIAWETA m h* J BENJA BHUM m 2W~~ P.KELANG/PENANG/KUANTAN [SIRI
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      Page 45 Advertisements Column 4
      451 45 Tteenme VSL VOY SINGAPORE I MADRAS I SINGAPORE VESSEL VOY SIN MAA SIN •TIGER STAR IS6N 22 22/04 21 30/04 OMJMS TICER BAY IS7N 29 29/04 05 07 05 13 13«5 TIGER STAR 1»N 06 06 05 12 14/05 20 20)05 VSL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL VOY SIN CAL SIN TICER
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      Page 46 Advertisements Column 1
      1430 46 A MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 PENANG TEL (04) 634b36 KK TEL (088) ?4i>2bOITAWAU TEL (089) //86/9 P KELANG TEL (03) *****77 KUCHING TEL (082) 4P4433ISKAN TEL (089)*****2 l-NVX" J BA H ru TEL (0/) *****2 SIBU TEI (084 *****2ISAHIKEI TEL (08-1) 6b 1388 W N 'JAKARTA
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      Page 46 Advertisements Column 2
      404 46 IJTZW BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FI'I.I.Y CONTAINKKISKI) MONTH I. Y SAILINGS DISCHARGING AT NKW PLYMOUTH A IH)KT CIIAI.MKRS AtTKPTINti H I. M l. KOK AUCKLAND, NAPIKK. WELLINGTON. HLL'h'K. 1 lIKISTC IIUK( 11. DL'NKDIN. LYTTKLTON. INVKRC'ARCIIL. Kl.ll AND TAHITI SIN N Pl* AUCK IYT MAHSURI
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      Page 46 Advertisements Column 3
      719 46 /SB\ THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fa* No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH VESSEL WOT ETA BEST VESSEL VOT ETA BEST KIM SOON LI 14/91E 20
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      Page 46 Advertisements Column 4
      356 46 INTRODUCING ..^£9^ OUR NEW CONSOL TO CALCUTTA ft CHITTA6ONG ALSO CONSOLS TO: BANGKOK EUROPEAN PORTS WEEKLY HONG KONG (AND CHINA) SERVICE JAKARTA J KOPER (YUGOSLAVIA) 2 SAILINGS PER MONTH AUCKLAND "N COLOMBO (AND INDIAN 3 SUB-CONTINENT) I SAILINGS DUBAI (AND MIDDLE f PER MONTH EASTERN PORTS) PORT LOUIS AND DURBAN
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      Page 49 Advertisements Column 1
      96 49 It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European merger. FOCUS zooms in on the news and issues of the day and —-rjii looks at them in more depth and breadth. >17 FOCUS is the news feature section
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      317 49 TIDES AND WEATHER TOPWS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 *****400 *****600 **********00 2000 2100 2200 2300 M 3.1 32 30 25 18 12 0 7 03 0 2 03 0 7 14 20 24 26 25 2.1
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      Page 50 Advertisements Column 1
      731 50 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKE JHR SIN LINE HAUL VOY LBH OAK SE~A~ LINE HAUL VOY TCM/SEA PTL MING CHUN 123 15/04 17« 18 W H INNOVATOR 40E 13(05 16 05 19,1)5 TRANSWORLO
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      Page 50 Advertisements Column 2
      625 50 CHARTPOINT Every Saturday in Business Times V* PKL Mottitr SIN LAX OAK HOU DAL CHI NOR MEM NYC OUR USA AHA BHUM TMTIT 19 4 ALLIGATOR COLUMBUS VolftT 22 4 US 777" lIS lIS 15.5 15 5 14.4 l.'fS SERVICE CALLS AKA BHUM V 400* 76 4 ALLIGATOR PRIDE V
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