The Business Times, 13 May 1991

Microfilm: NL17494
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Monday, May 13, 1991 75*
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  • NEWS SUMMARY
    • Article
      Thai rice export expected to dip again
      53 1 BANGKOK Thailand's rice exports are expected to fall to 3.6 million tonnes in 1991 because of a scarcity of rain, said Warapong Phitphongsa. vicepresident of the Thai Rice Exporters Association. Thailand's rice exports last year were 3.9 million tonnes, down from 6.03 million
      53 words
    • Article
      Why Jakarta taps capital markets
      52 1 JAKARTA The Indonesian central bank has defended its policy of continuing to tap the international money market as a matter of strategy. Bank Indonesia Governor Adrianus Mooy said that Indonesia took up commercial loans mainly as contingency funds and to test international confidence in the
      52 words
    • Article
      ESES' expansion plan
      31 1 SWISS-BASED semiconductor equipment manufacturer ESES (European Semiconductor Equipment Corp) has laid out expansion plans after winning a multi-million contract from Indonesia's PT Astra Microtronics in Batam Page 2
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    • Article
      Building contracts
      35 1 BUILDING contracts in the private sector surged by 33 per cent in the first quarter of the year, while public sector contracts shrank by about 27 per cent over last year Page 2
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    • Article
      Indon trade missions
      36 1 INDONESIA, trying to promote trade relations with East Asian, Middle Eastern and European countries, will soon send trade missions to South Korea, Saudi Arabia, Jordan, Luxembourg, Austria, Czechoslovakia, Hungary and Romania Page 7
      36 words
    • Article
      Choo Hoey interview
      19 1 AN INTERVIEW with Maestro Choo Hoey on the Singapore Symphony Orchestra's forthcoming European tour Page 17
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    • Article
      Managers for unions
      28 1 MANAGERS in Singapore largely believe it's good to have strong unions around, according to a forthcoming book on the local trade union movement Page 13
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    • Article
      SIA paying cash
      42 1 FOR THE first time since embarking on its Boeing 747-400 programme, SIA has decided to pay for three such aircraft out of its cash hoard instead of making leasing arrangements with Japanese and US banks. Shipping Times, Pg 1
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  • MARKETS SUMMARY
    • Article
      IGB to float units
      34 1 IGB CORP hopes to float its manufacturing and trading divisions separately sometime next year and will submit a formal application to the approving authorities in the coming months Page 3
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    • Article
      Tan Chong's growth
      31 1 TAN CHONG Motor Holdings is counting on its Malaysian operations to power growth this year as it expects demand for cars in Singapore to level out Page 3
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    • Article
      MISC's future
      27 1 Malaysian International Shipping Corporation Bhd will be sailing into "promising but uncharted new waters" with its expansion into freight-related activities, says Apex Securities Page 3
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    • Article
      Sinar-Ferro deal
      36 1 SINAR MAS Group of Indonesia and the Cleveland-based Ferro Corp have signed a deal after a two years of tough negotiations for the establishment of a joint-venture company to produce specialty chemicals Page 4
      36 words
    • Article
      Simex Brent futures?
      29 1 SIMEX and the London-based International Petroleum Exchange (IPE) are discussing the possibility of trading the Brent futures contract on Simex on an offset basis Page 6
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    • Article
      CURRENCIES
      24 1 Exchange rates USS ss 1.7660 100 Yen SS 1.2742 MS SS 0.6401 Money market rates Overnight 4 15/16% 5/16 >morth 5 1/8% 1/16
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    • Article
      COMMODITIES
      27 1 145.50*/kg +0.50 June 225.00«/kg unch KLTin Turnover 80 tonnes 20 Spot MS15.30 /kg -05 Crude palm oil Turnover 775 lots -578 May MS 799 /tonne +2
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    • Article, Illustration
      STOCK INDICES
      28 1 Friday Change BT-MGA 735.91 +2.84 Kuala Lumpur ....587.38 +2.42 Tokyo 26,274.29 -164.21 Hongkong 3,750 ?0 +5.74 Sydnev 1,548.3 +2.6 New York 2.920.17 -50.98 London 2.524.3 -17.5
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  • Article, Illustration
    SBC discusses tie-up with Li Ka-shing-linked satellite firm
    589 1  -  Wider TV programmes and stake in Hutchvision in the works From Catherine Ong in HONGKONG THE Singapore Broadcasting Corporation (SBC) is negotiating a deal with a Hongkong satellite company which could lead to a wider choice of TV programmes for Singaporeans and
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  • Article
    US firms plan to invest S$1b in S'pore this year
    535 1  -  Rise of 16.2 pc higher than world average By Chuang Peck Ming AMERICAN corporations plan to invest a total of US$572 million (Ssl billion) in Singapore this year, up 16.2 per cent from what was invested in 1990. The jump
    535 words
  • Article
    Lock icon Business leaders urge Fed to ease interest rates
    247 1 Reuter VIRGINIA US business executives have urged the chairman of the Federal Reserve, Mr Alan Greenspan, to ease interest rates in an effort to jump-start the economy. "The sentiment was that there is very little risk to easing from what we see,
    Reuter  -  247 words
  • Article
    Lock icon EAEG can make Asean stronger
    120 1 Bernama JAKARTA Asean will gain more respect if all its member nations adopt the Malaysian-proposed East Asia Economic Group (EAEG), a Jakarta business institute director says. Asean itself would emerge stronger by associating with an influential and larger re- gionai group such as EAEG, said
    Bernama  -  120 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      105 1 ■L T |Ml'Ml'h^-||-il'^B EXECUTIVE I PLACEMENTS Aircraft Schedule 25 Money Market 23 rket dICK drtonal The Arts 17 Regional Co News 4 advertising and circulate ex Commodities 24 Regional News 7 cal Business Tunes Cryptic Crossword 25 SES 18.19 Enterprise and Mgt 12,13 S'pore-Ms* Co News 3 730-5155. Business Times
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      Page 1 Advertisements Column 2
      141 1 Typewriters Fax Machines Laser Printers Electronic Lettering systems c*„ 743 8000 for further details Sounds and sights from the sky, Pg 10 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract
      141 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        PM receives Johor's highest state award
        104 2 PRIME MINISTER Goh Chok Tong received Johor's highest state award from Sultan Iskandar in a ceremony held in Johor Baru on Saturday. The award gives the Prime Minister the rank of Knight Commander. Previous Singapore recipients were former Prime Minister Lee Kuan Yew and
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      • Article
        Non-Malays should help: MP
        77 2 NON-MALAY Singaporeans should lend a hand to the Malay community by making voluntary donations to Mendaki, said Dr Ong Chit Chung, Member of Parliament for Bukit Batok. Dr Ong, who is the chairman of Government Parliamentary Committee on Education, said the donations could be made through
        77 words
      • Article
        Slightly lower SIA contribution
        92 2 SINGAPORE AIRLINES' contribution to the economy was slightly lower last year because of softer demand in key markets such as Britain and Australia, and escalating fuel costs. According to the SIA publication Outlook, the group's contribution to the Gross Domestic Product (GDP) dropped half a percentage
        92 words
      • Article
        More services for the aged
        89 2 SINGAPORE'S senior citizens can look forward to recreational centres, day-care centres, community hospitals and polyclinics with special services for the aged in the near future and all within easy reach of their homes, said Madam Boey Yut Mei, a senior architect with the HDB, on
        89 words
      • Article
        Preparatory year programme
        55 2 THE PREPARATORY year programme for five-year-olds will be expanded by another 12,000 places and extend beyond primary Special Assistance Plan schools from next year, the Senior Minister of State Education Dr Tay Eng Soon said over the weekend. Dr Tay also named five schools which will become
        55 words
      • Article
        Defence exercise ends today
        58 2 EXERCISE STARFISH, a two-week combined exercise involving the five member countries of the Five Power Defence Arrangements (FPDA) successfully ends today. The exercise, involving the navies and air forces of Australia, Malaysia, New Zealand, Singapore and the UK, saw the deployment of 27 ships and more
        58 words
      • Article
        Waiver for Amex members
        48 2 AS PART OF its centennial celebrations, American Express will waive the one per cent commission it charges for all card members who buy American Express Travellers Cheques from now until the end of the year. The Amex Travellers Cheque made its debut in 1891.
        48 words
    • Article, Illustration
      Swiss chipmaker's presence here pays off with Batam deal
      363 2  -  By Claire Leow BARELY a year after setting up its engineering facility here, a Swiss-based maker of semi-conductor equipment has laid out expansion plans, heartened by the opportunities of the Far East. Its optimism is fuelled by a recent multi-million contract
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    • Article, Illustration
      Value of private sector building jobs surges
      388 2  -  But public sector contracts down by 27pc in first quarter By Genevieve Cua THE VALUE of building contracts in the private sector surged ahead by 33 per cent in the first quarter of the year, while public sector contracts shrank by about 27
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    • Article
      Gems of wisdom from the President
      352 2 PRESIDENT Wee Kim Wee yesterday shared gems of wisdom from the Japanese business culture on issues such as patience and service. To these, he added the ageold maxim of finding strength in numbers. His speech was delivered during a Hari Raya dinner for the
      352 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      52 2 SUNDAY TIMES mummfe BEST BUY OF THE YEAR 1991 OPTIONAL: SPOILER A SPORT RIMS $***** A R F 4 SPEED AUTOMATIC POWER STEERING CENTRAL LOCK WITH REMOTE CONTROL "PLIP" TINTED GLASS ADJUSTABLE SEAT BELTS TROPICALIZED COOLING SYSTEM THERE'S MORE )TO LIFE WITH RENAULT EXKL.UXIV 24 LENG KEE ROAD SINGAPORE 0315.
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      Page 2 Advertisements Column 2
      131 2 c DINE IN THE CUSTOM OF THE MOGHULS. With our North Indian Business Lunch, you can now dine in the splendour that the Moghuls were accustomed to. You see, we've put together some rather special regular and vegetarian selections that are designee to leave you sated, but without that over-full
      131 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      IGB Corp plans to list two divisions next year
      360 3 Manufacturing arm to be floated ahead of trading unit KUALA LUMPUR IGB Corp hopes to float its manufacturing and trading divisions separately next year and will submit a formal application to the approving authorities in the coming months. Chairman Datuk Tan
      360 words
    • Article
      Petaling Tin steps up drive to invest its funds
      279 3  -  By Shoeb Kagda CASH-RICH Petaling Tin Bhd is increasing its efforts to seek out suitable projects to invest its surplus funds, said chairman Jen (B) Tan Sri Ibrahim Bin Ismail in the company's latest annual report. It is currently awaiting permission
      279 words
    • Article
      Lock icon Mega First expected to be requoted on June 7
      489 3 MBT KUALA LUMPUR Mega First Corp (formerly Everpeace Corp), the trading of whose shares was suspended on Dec 5, 1985, is tentatively scheduled to be requoted on the Kuala Lumpur Stock Exchange on June 7, 1991. Long-suffering shareholders will thus be
      MBT  -  489 words
    • Article
      Lock icon Hume unit makes M$4m acquisition
      210 3 MBT KUALA LUMPUR Yaz-man-Hume Quarry (YHQ), a wholly-owned subsidiary of Hume Industries (Malaysia) (HIMB) has entered into a conditional agreement with vendors of Eagle Quarry Sdn Bhd (EQ) to purchase the latter's entire equity of 873,834 shares of M$ 1 each for Ms 4 million
      MBT  -  210 words
    • Article
      Lock icon Stockbroker sees bright prospects for MPI
      299 3 MARKET TALK MBT KUALA LUMPUR Malaysian Pacific Industries (MPI), a member of the Hong Leong group, can expect growing demand for its paper and plastic packaging products in the next few years and improved margins from its semiconductor assembly business. Apex Securities says packaging
      MBT  -  299 words
    • Article
      Lock icon MISC sailing into promising but uncharted waters
      264 3 Bernama KUALA LUMPUR Malaysian International Shipping Corporation Bhd will be sailing into "promising but uncharted new waters" with its expansion into freightrelated activities, says Apex Securities. The Kajang-based stockbroking firm, in its analysis on MISC, noted that Malaysia's national shipping line was moving
      Bernama  -  264 words
    • Article
      Tan Chong Motor counting on M'sian operations
      311 3  -  By Dexter Lee KUALA LUMPUR-BASED Tan Chong Motor Holdings is counting on its domestic operations to power revenue growth this year as it expects demand for cars in Singapore to level out. The levelling out is due to the country's slower economic growth
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    • Article
      Lock icon JC Enterprise posts 21pc fall in profit
      193 3 MBT KUALA LUMPUR Jack Chia Enterprise has reported a 21 per cent fall in group pre-tax profit to Mss.l million (553.3 million) for the year ended March 31, 1991 despite a 3 per cent increase in turnover to M 544.1 million. After-tax profit
      MBT  -  193 words
    • COMPANY BRIEFS
      • Article
        First-quarter profits at Time Engr rise 82pc
        128 3 KUALA LUMPUR Time Engineering's pre-tax profit rose 82 per cent to M 58.65 million (555.54 million) for the quarter ended March 31, 1991 on a turnover of M 544.32 million. Profit after taxation, minority interests and extraordinary items increased 57 per cent to
        128 words
      • Article
        BHLB expects good response
        73 3 KUALA LUMPUR BHLB Pacific Trust Management, which will launch its open-ended "Double Growth" unit trust fund this week, expects its initial offer of 50 million units at Msl each to be taken up within one month of its debut. Chief executive officer Mark Toh said in
        73 words
      • Article
        George Kent profit up 18pc
        64 3 KUALA LUMPUR George Kent (Malaysia) has reported an 18 per cent improvement in group pre-tax profit to MSS.B million for the year ended Jan 31, 1991. This was achieved on a 46 per cent rise in group turnover to M 595.6 million. After taxation and
        64 words
      • Article
        M Cement to keep cash in bank
        38 3 KUALA LUMPUR Malayan Cement said the net proceeds from the sale of its shares in Damansara Developments will initially be placed in fixed deposits pending the availability of suitable investment opportunities.
        38 words
      • Article
        Austral Ent explains variance
        45 3 KUALA LUMPUR Austral Enterprises said the variance between its group pre-tax profit for the year ended Jan 31, 1991 of M 56.56 million and the forecast of M 512.4 million in the abridged prospectus was mainly due to lower commodity prices.
        45 words
      • Article
        Rashid Hussain loan stock
        33 3 KUALA LUMPUR Interest for Rashid Hussain's 5 per cent Redeemable Unsecured Loan Stock 1990/95 for the period Jan 31, 1991 to June 1991 will be paid on June 30.
        33 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      317 3 It's ANA Hotel Sin gaporel For me I rom now on. J ANA HOTEL SINGAPORE 1., V. H.li Sm i ..11 I». I K. I > <!.. I. t 1 ....S I. I. X \l IM\ l<N IM I■ 1 ''Acfo-cLuycosttM, voice, data, Ixfepuzfo*, DfD, /SDN, cast cumufap, b&k i&h
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        PNG approves forest project
        51 4 SYDNEY Papua New Guinea has approved a US$3O million (5552.8 million) timber project with South Korean company Kosmo Resources, Forests Minister Jack Genia said. The agreement allows Kosmo to log an area of almost 104,000 hectares of tropical forest on the northern coast of Papua New
        51 words
      • Article
        MAS picks Pratt & Whitney
        41 4 MAS picks Pratt Whitney EAST HARTFORD, Connecticut Malaysia Airlines has chosen Pratt Whitney PW4OOO engines to power up to eight Boeing 747-400 wide-body jets on firm order and option. The engine order is worth up to US$266 million to Pratt Whitney.
        41 words
      • Article
        Dutch group's offer for Aussie unit
        86 4 SYDNEY Dutch industrial group Hunter Douglas NV said on Friday that it will move to 100 per cent ownership of its listed Australian subsidiary Hunter Douglas Ltd. Hunter Douglas NV will pay minority shareholders A 51.60 (552.20) for each share at a total cost
        86 words
      • Article
        Fletcher Challenge's placement
        27 4 MELBOURNE Fletcher Challenge Ltd said it is placing a minimum NZ$l95 million (Ss2oo million) of shares with financial institutions through the international equity markets.
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      • Article
        George Weston raises spending
        58 4 SYDNEY George Weston Foods Ltd said on Friday that it plans record capital expenditure in the year to January 31, 1992, as plant is upgraded and modernised. Chief executive John Pascoe did not specify the planned level of capital spending. Capital expenditure fell to A 545.04
        58 words
    • Article
      Sinar Mas signs joint venture deal with Ferro
      321 4 JAKARTA Sinar Mas Group of Indonesia and the Cleveland-based Ferro Corp have signed a deal after two years of tough negotiations for the establishment of a joint-venture company, PT Ferro Mas Dinamika, to produce specialty chemicals, the Jakarta Post reported on Friday.
      321 words
    • Article
      Lock icon MCA suing Aussie TV channel
      216 4 AP SYDNEY US production giant MCA International on Friday sued the cashstrapped Ten television network for US$4O million (5570.4 million). The claim relates to an agreement for the rights to screen top-rated television programmes like "Murder She Wrote" and films. MCA is also seeking the
      AP  -  216 words
    • Article
      Lock icon Taiwan tycoons indicted on shares scandal
      308 4 AFP TAIPEI Taiwan tycoon Oung Da-ming and his brother were indicted here on Saturday on chaises of breach of trust and document forgery in connection with a US$22 million (5538.72 million) stock scandal that led to the downfall of a Cabinet minister. Oung, the
      AFP  -  308 words
    • Article
      Lock icon San Miguel to set up 1b peso glass plant
      166 4 Reuter MANILA Philippine food and beverage conglomerate San Miguel Corp (SMC) plans to set up a one billion peso (Ss63 million) glass project as a joint venture with a Japanese group, the Board of Investments (BOI) said. It said SMC initially
      Reuter  -  166 words
    • Article, Illustration
      Lock icon India's Reliance group seen at critical crossroads
      618 4 Reuter BOMBAY A plan to transform Reliance Industries Ltd into India's largest petrochemical and engineering group has reached a critical point which could spell either boom or bust for the tycoon who runs it, analysts said. Dhirubhai Ambani, who in the late 1960s
      Reuter  -  618 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      323 4 HHL You've Hit The Suite Point! You've hit the "suite" mark at the Holiday Inn Included in the package are also services and hotels. Designed specially for the business facilities for the busy executive such as: executive, our Suite Package offers you luxury at Secretarial Service (20% discount) an affordable
      323 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Hanson's half-year result may mask recession scars
      344 5 Reuter LONDON Hanson pic, Britain's largest conglomerate, is expected to post unchanged to modestly higher half-year profits on May 14, but analysts say any rise may mask scars left on several of its businesses by recession. Analysts' pre-tax profit estimates for the six
      Reuter  -  344 words
    • Article
      Lock icon Pirelli-Continental merger paves the way for race with Michelin
      325 5 Reuter MILAN An eventual merger of the tyres businesses of Pirelli SpA and Continental AG would create the world's third or fourth largest producer and challenge the European leadership of Michelin, analysts said. A combined Pirelli and Continental would create a
      Reuter  -  325 words
    • Article
      Lock icon Pirelli payout better than expected
      223 5 Reuter MILAN Pirelli SpA's proposed dividends on its 1990 results were better than expected, and the company's stock could draw further demand due to the increasing prospects of a tyres merger with Continental AG, analysts said. "The dividend cuts were not as severe as they
      Reuter  -  223 words
    • Article
      Lock icon Quality control violations found at Boeing plants
      217 5 Reuter SEATTLE The Boeing Co on Saturday said a 1990 Federal Aviation Administration (FAA) inspection found 22 quality control violations at Boeing commercial airliner plants but that none were determined to threaten flight safety. "None of the items that were detailed were considered
      Reuter  -  217 words
    • Article, Illustration
      Lock icon AT&T sees better prospects in second half
      191 5 Reuter HOT SPRINGS, Virginia American Telephone and Telegraph Co chairman Robert Allen said business prospects for the second half of this year look stronger than for the same period a year ago and he hopes that this will lead to improved profits. "Fundamental
      Reuter  -  191 words
    • COMPANY BRIEFS
      • Article
        Siemens consortium wins Dubai contract
        99 5 DUBAI An international consortium headed by the German firm Siemens has been awarded a major contract to build a hydroelectric plant in Dubai, officials said last Friday. Siemens and companies from Dubai, Saudi Arabia, Britain and Austria would soon begin the project that will cost
        99 words
      • Article
        Hungarian-German venture
        66 5 BUDAPEST Munich-based Bone GmbH and Hungarian private investors have set up a joint venture to import French and Taiwanese high technology equipment, the MTI news agency said on Saturday. The new venture, Westimp Technology Management, is to distribute in Hungary French Goupil and Taiwanese Twinhead computer products, including
        66 words
      • Article
        Pearson expects lower profits
        48 5 LONDON Media and banking-based conglomerate Pearson pic said profits in the first half of this year will inevitably be well down on the record results of the first half of last year. This was disclosed by chairman Lord Blakenham at the company's annual meeting.
        48 words
      • Article
        NEC outbids Cray Research
        68 5 TOKYO Japanese computer giant NEC Corp has won an order to supply a supercomputer to Canada's Environment Department, outbidding its rival Cray Research Inc of the US, an NEC spokesman said last Friday. The NEC-SX-3 model 44, estimated to cost around US$6O million, is to be
        68 words
      • Article
        Bass may sell bookmakine unit
        108 5 i o LONDON Drinks, leisure and hotels group Bass pic last Friday said it has appointed advisers to examine approaches for the purchase of its Coral Racing unit. Coral is one of the major bookmakers in the UK, with 1,341 licensed betting offices and a
        108 words
      • Article
        Petro-Canada incurs loss
        95 5 CALGARY State owned Petro-Canada last Friday said it made a Css2 million loss in the first quarter compared with net earnings of Cs4o million in the first quarter of 1990. The loss includes a Csl4 million provision for an internal reorganisation and staff reduction plan now underway.
        95 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      84 5 THE PUCES. THE FACES. W hen you run an international business, you need a cargo carrier whose network literally spans the globe. And you need a carrier whose people can be relied upon to provide outstanding service everywhere, every time. US' i WE'VE GOT WHAT IT TAKES. Across more than
      84 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Pakistan offers another state-run bank for sale
        91 6 ISLAMABAD The Pakistani government last Saturday offered a second state-run bank for sale to the private sector as part of a massive privatisation programme. A government announcement invited applications up to June 1 for 51 per cent shares of the Allied Bank Limited,
        91 words
      • Article
        Peat Marwick to shed 225 jobs
        70 6 LONDON Britain's second largest accountancy company, KPMG Peat Marwick McLintock, plans to cut 225 jobs, mainly in London and the south-east of England, the Financial Times newspaper reported. The firm said many of its young, newly qualified staff were failing to leave for jobs
        70 words
      • Article
        GE unit in Macy deal
        86 6 STAMFORD General Electric Co's GE Capital Corp unit and RH Macy Co Inc said GE Capital acquired about US$l.4 billion in credit card receivables of Macy's Macy Credit Corp and Macy Receivables Funding Corp units. The companies said that, under terms of the agreement, GE
        86 words
      • Article
        Hill Samuel closes NY unit
        68 6 NEW YORK Hill Samuel Inc, a unit of the British merchant bank Hill Samuel Co Ltd, has closed it New York trading operation with the loss of 22 jobs, a spokesman said last Friday. Martin Anderson, president of Hill Samuel Inc, said the move was
        68 words
    • Article
      Simex, IPE hold talks on Brent futures contract
      319 6 THE SINGAPORE International Monetary Exchange and the London-based International Petroleum Exchange (IPE) are discussing the possibility of trading the Brent futures contract on Simex on an offset basis, petroleum industry weekly Oil And Gas News reported last week. "Our view as an
      319 words
    • Article
      Lock icon Bank regulators seize Madison National
      246 6 NYT WASHINGTON Federal bank regulators last Friday seized the Madison National Bank, one of the largest in the Washington area, after declaring it insolvent. Madison is to be sold to Signet Bank for US$lB million (Ss32 million). Banking officials estimated that the failure of Madison
      NYT  -  246 words
    • Article, Illustration
      Lock icon Senior US banking regulator puts investments in blind trust
      546 6 NYT WASHINGTON Robert L Clarke, one of the nation's senior banking regulators, said last Friday that he would place his investments in a blind trust in an effort to "lay to rest" questions about his financial affairs. Mr Clarke, the Comptroller
      NYT  -  546 words
    • Article
      Lock icon Drexel files to reorganise as tiny investment firm
      242 6 Reuter NEW YORK Drexel Burnham Lambert Group once a Wall Street powerhouse with thousands of staff handling billions of dollars filed a reorganisation plan to emerge from bankruptcy as a tiny company with just 20 employees. The new company, to be called
      Reuter  -  242 words
    • Article, Illustration
      Lock icon Former Milken associate charged with fraud
      461 6 NYT NEW YORK A former senior executive with Drexel Burnham Lambert Inc was indicted on Thursday on charges that he engaged in an illegal conspiracy with Michael Milken and a former Drexel client to commit securities fraud, embezzlement, and other crimes. The former executive,
      NYT  -  461 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      709 6 SINGAPORE INSTITUTE OF I (1) GETTING YOUR MESSAGES ACROSS: How to Prepare Successful Presentations with Visual Aids July 3 4,1991 SSS9O SIM members/Ss69o non-members This is not a seminar on how to speak in public. Its objective is to help you learn how to g analyse information, develop and present
      709 words
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      Page 6 Advertisements Column 2
      324 6 r i DBSBANK I THE DEVELOPMENT BANK OF SINGAPORE LTD B llr* wpiwalod m the Ropublr ol S>ngapo»<M ANNOUNCEMENT I RIGHTS ISSUE OF 47,420,192 NEW SHARES OF B Ssl.oo EACH ON THE BASIS OF ONE (1) NEW B SHARE FOR EVERY TEN (10) SHARES OF Ssl 00 B EACH HELD
      324 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Indonesia sending mission abroad to boost trade
      291 7 JAKARTA Indonesia, trying to promote trade relations with East Asian, Middle Eastern and European countries, will soon send strong missions to South Korea, Saudi Arabia, Jordan, Luxembourg, Austria, Czechoslovakia, Hungary and Romania. After meeting President Suharto of Indonesia on Wednesday, Trade Minister Arifin
      291 words
    • Article
      Lock icon Umno's win could help party control Sabah eventually
      244 7 Reuter KOTA KINABALU Malaysia's ruling United Malays National Organisation (Umno) party, venturing into the political outback of Borneo, has scored a crucial victory in the opposition-controlled state of Sabah. Political observers say Umno's victory by a convincing majority will assist its plan
      Reuter  -  244 words
    • NOTE BOOK
      • Article
        Thailand, Iran agree to closer trade ties
        89 7 BANGKOK Thailand and Iran have agreed to closer trade and economic cooperation with emphasis on joint investments in oil refineries and petrochemical factories, the official Thai News Agency (TNA) reported on Saturday. The Thai minister attached to the Prime Minister's Office for External
        89 words
      • Article
        Jakarta raises price of crude
        65 7 JAKARTA Indonesia has raised the selling price of its crude oil for May delivery- and credited Opec with helping to bolster prices on the world markets. Mines and Energy Minister Ginanjar Kartasasmita on Saturday said the price of Minas, Indonesia's benchmark crude, had been fixed
        65 words
      • Article
        KL to promote timber products
        45 7 KUALA LUMPUR Malaysia's Primary Industries Minister, Lim Keng Yaik, will visit South Korea, Japan and Taiwan for two weeks beginning on Saturday to promote Malaysian timber and timber products as well as invite investments in wood-based industries in the country.
        45 words
      • Article
        Bid by NZ to end labour's grip
        39 7 AUCKLAND The government plans to end compulsory union membership later this month as part of a drive to halt New Zealand's economic slide which is meeting fierce opposition from entrenched labour interests.
        39 words
    • Article
      Lock icon Viet army employs broom and bucket
      566 7 Soldiers' business activities part of move towards market economy Reuter HANOI After 30 years of warfare, Vietnam's soldiers have turned their hand to mining coal, planting rice, building computers and running hotels, an army general told a briefing on Friday. Lieutenant-General Phan Thu, director
      Reuter  -  566 words
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      114 7 •BnjnjSjnß INTERNATIONAL aq-* mMmm aA gSg MBA *3? CERTIFICATE OF ACHIEVEMENT BUY EXAMS MBA COURSE -> DEC CERTIFICATE $875 1991 CERTIFICATE Organisational Behaviour Finance Quantitative Methods -> Economics Strategic Planning Government Industry Marketing -4 Negotiation Accounting Decision Making Techniques ...and many more Heriot-Watt University, UK in collaboration with CAI CONSULTANTS
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      Page 7 Advertisements Column 2
      297 7 Singapore's household shield. You know the You're clocks and electric kettles. All backed our many you may even say we have become a household name. jfT a reliable friend to Singaporeans within Which isn't surprising, considering J&.the home environment. r vAt i the generations of Singaporeans who f J However,
      297 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Shenzhen-Guangdong express rail link
        94 8 BEIJING China is to build its first express railway linking the special economic zone of Shenzhen, bordering Hongkong, with Guangzhou in the southern province of Guangdong, the China Daily said yesterday. The new rail link will allow passengers to travel at 160 km an hour compared
        94 words
      • Article
        Depend more on private sector
        57 8 ABU DHABI Arab states should depend more on the private sector to tackle their economic problems, the Arab League's monetary chief said on Friday. "Arabs should exert efforts to implement corrective economic policies to cope with the developments of the coming stage," said Osama al-Faqih,
        57 words
      • Article
        Chunnel link-up delayed
        62 8 CALAIS The link-up of the first rail tunnel linking France and Britain under the Channel set for May 14 has been delayed, the Transmanche Link consortium constructing the Channel Tunnel said on Friday. The constructors said that a new date for the link-up would be set at
        62 words
      • Article
        Troops damaged environment
        70 8 BONN Soviet troops stationed in former East Germany caused environmental damage that will cost "tens of billions" of German marks to clean up, a state environmental minister said in the latest edition of Der Spiegel. Matthias Platzeck, minister for environment in the eastern state of Brandenburg, said
        70 words
      • Article
        Thumping win for ruling party
        64 8 COLOMBO Sri Lanka's ruling party won a landslide victory in local government elections yesterday as the government reimposed tough emergency regulations to prevent violence after Saturday's ballot. Security forces were once again given wide powers to search and arrest under several provisions of emergency law
        64 words
    • Article
      Lock icon Taiwan unlikely to cut trade gap with Japan
      212 8 Reuter TAIPEI Taiwan, anticipating the arrival of the first Japanese trade group to visit the country since 1983, has little hope of reducing its soaring trade gap with Japan this year, according to its Vice-Minister of Economics. "Our trade deficit with Japan
      Reuter  -  212 words
    • Article
      Indian stocks on bull run despite polls
      717 8  -  Buoyant sentiment partly based on Gandhi comeback, say analysts From Rajendra Bajpai in NEW DELHI INDIA'S stock market, defying the law of gravity and conventional wisdom, is on a bull run although all fundamentals indicate that investors should be shedding their holdings in
      717 words
    • Article
      Lock icon German balance of payments deficit hits record
      339 8 Reuter BONN Germany's contribution to the Gulf War pushed its current account balance of payments into a record deficit of 5.3 billion Deutschemarks (555.4 billion) in March, the Federal Statistics Office said on Friday. But the trade balance, which does not include services
      Reuter  -  339 words
    • Article, Illustration
      Lock icon Nepalese rush to the polls
      160 8 AP KATHMANDU Nepal's first free elections in 32 years got off to a tumultuous start yesterday when throngs of people crowded around voting centres hours before they opened. Lines stretched up to one kilometer outside some centres. Police officials said vot- ers began arriving two
      AP  -  160 words
    • Article
      Lock icon Soviets accept US offer to study its food-distribution system
      209 8 AFP WASHINGTON The Soviet Union has accepted a US offer to send a team of experts to study that nation's troubled food-distribution system, the White House said on Saturday. The agreement was reached during a 45-minute telephone conversation between President George
      AFP  -  209 words
    • Article
      Lock icon EC, Efta ministers meet to break deadlock
      208 8 AFP BRUSSELS Foreign ministers from the European Community and the Efta group of north European nations are to meet here today in an attempt to break out of a deadlock in talks to create a free trade zone. The negotiations have come close
      AFP  -  208 words
    • Article
      Lock icon China's imports up by 21pc to US$5.2b in April
      298 8 AFP BEIJING China's imports in April soared 20.9 per cent to US$5.2l billion (SS9.I billion) over the same 1990 period, customs figures released on Saturday showed. Exports increased 10 per cent to $5.28 billion, according to the figures. Import volume of
      AFP  -  298 words
  • Page 8 Advertisements
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      276 8 B U S I N E S S TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 MANAGEMENT EXECUTIVE SEARCH SELECTION CONSULTANTS FINANCIAL CONTROLLER Ssloo,ooo P.A. PLUS CAR (MS/5/406) THE SINGAPORE CORPORATE OFFICE of a large international group of companies wishes to appoint a senior financial person to join its management team. The company
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      64 8 |Q^ Speaker. Or HUM SIN HOON Sub-Dean, Faculty of Business Administration National University of Singapore Date: Saturday, 18 May 1991 9.30 am to 12.00 pm Venue: Faculty of Business Administration (Block SMI) National University of Singapore Registration: $35 per participant (includes course materials refreshments) Jointly organised by. Enterprise Promotion Centres
      64 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      410 9 THE REVOLUTION THAT'S Unheard Of. f* IP -:v m j 11 UlfflP W-33° I'll ca«° n ,u 1 1 JBB^^^^H luk |fl ■Hi i ro^j^^flfllHPK^H I IPii" 111 a I ppp^nr After today, you will probably never hear of dot matrix And deliver their outstanding print quality in Courier, Prestige
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  • ANALYSIS
    • Article, Illustration
      Sounds and pictures from the sky
      987 10  -  Catherine Ong reports from Hongkong on how Asia Sat 1, Asia's first privately-owned satellite, is ushering in a new, exciting era in mass communication Catherine Ong THIRTY-FIVE thousand kilometres directly above Singapore in the final frontier of space, a big, cylindrical capsule orbits around
      987 words
    • Article
      Use it for cramming, stockbroking, shopping... anything!
      367 10 IN JAPAN, where getting a place in one of the top universities is sometimes a matter of life and death for a student, what does a school do when a famous lecturer based in Tokyo is in heavy demand elsewhere in the country?
      367 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      65 10 DOONESBURY BY GARRY TRUDEAU rr'svew nsonm- eAsvom, uieu, I pontkvow iPOREMeweR IN6 (OMING HOME, BABE ABOUT THAT. J JUGT QNB TIME, THOUGH. DCAT HBf SIP. J CANT TEillF KXJ&PIF- PIP MY JOO, UKE UH-HUH. nMS VURING WHAT? 7 S^Z I m whole tuoßute fmm> everyone else ihear the first pay
      65 words
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  • Page 11 Advertisements
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      422 11 Some lines of thought are worth pursuing more than others. If you're racking your brains trying to figure out the most profitable way to invest, consider a new idea. Schroder Unit Thists. Geniuses who invested with us five years ago have every right to smile. Because over this period, Schroder-
      422 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Lock icon Bata takes a step back to its roots
      1029 12  -  Bernard Simon talks to the chairman and founder of the world's largest shoe manufacturer about its trading policies with its former oppressors in Czechoslovakia and its hopes for consolidating its toehold in the Soviet Union Bernard Simon FT Thomas Bata professes to
      FT  -  1,029 words
    • Article
      Untitled
      284 12 MEMOPAD Seminars and courses Duration Title Venue Organiser Tel May 13-15 The Whole Brain Management Singapore *****66 I Corporation House Institute of Creative Mgmt Management Programme May 13-15 WordPerfect 5.1- Management Singapore *****66 Fundamentals House Institute of Beyond Management May 13-15 Asian Natural Gas Hyatt Regency Petamgas *****18 111 New
      284 words
    • Article
      Singapore managers in favour of unions, says new book
      671 13  -  A book on the local trade union movement will be out soon. Chuang Peck Ming reports Chuang Peck Ming Managers in Singapore largely believe it's good to have strong unions around, according to a forthcoming book on the local trade union
      671 words
    • Article
      Lock icon Remember — you're there not only for the beer
      649 13  - Remember you're there not only for the beer Charles Batchelor offers some hints on how to behave at receptions Charles Batchelor FT HAVE you ever been an unwilling participant at a reception where you know no-one? Is everyone else engaged in animated conversation with what looks like a clutch of
      FT  -  649 words
    • Article
      Talk on superior strategic management
      110 13 PROFESSOR Igor Ansoff, an expert on strategic management, is to give a talk on How to succeed in the 1990s through superior strategic management this Friday evening at the Mandarin Hotel. The professor will show why some traditional strategic planning approaches failed. He will share
      110 words
  • Page 12 Advertisements
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      138 12 Management Consultancy Sl# I I I T r 1/ Seminars And Training R II Business Assistance It I L L. I lm It Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing I I Jp ■fc\>VV I I B m I J^B I m "jlßßfo JB^p v^j2Ci n i *461 7~_
      138 words
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      Page 12 Advertisements Column 2
      216 12 1 fjfiS Jd 1 > PSIMM jM m& 9 |§®S 3 I I. k >v +m £3* Vrmm MHk «IMBIHL«»m ISIBp^E B&9ldm| ytf§ JMrmlM 11 wm Ib? n Indonesia is regarded as the land of strong support from our state-of-the-art opportunity. But the fact remains, it is still systems and
      216 words
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  • Page 13 Advertisements
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      2037 13 Standard g Chartered Standard Chartered Finance Ltd. (Incorporated in the Republic of Singapore) Wholly owned subsidiary of Standard Chartered Bank BALANCE SHEET AS AT 31ST DECEMBER, 1990 6 PAYABLE, SUNDRY CREWTORS m m no* im ims s j Accrued interest on deposits 1,028,683 1,120.674 SHARE CAPITAL Amount due to customers
      2,037 words
  • Page 13 Miscellaneous
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  • SPORTS 1
    • Article, Illustration
      Lock icon Seles, Sabatini head for clash
      688 14 Open AP ROME Top-seeded Monica Seles beat back a tough challenge from Mary Joe Fernandez and will defend her Italian Open title against sec-ond-seeded Gabriela Sabatini, who cruised through her semifinal on Saturday. The second-seeded Sabatini breezed into the final, due yesterday, with a quick
      AP  -  688 words
    • Article
      Lock icon Arias and Yzaga to fight it out in US Men's final
      341 14 Reuter NORTH CAROLINA Fifth-Seed Jimmy Arias outlasted qualifier Javier Frana 3-6, 6-3, 7-5 and Jaime Yzaga eliminated MaliVai Washington 7-5, 6-2 on Saturday to advance to the finals of the US Men's Clay Court Championships. Frana, an Argentine ranked
      Reuter  -  341 words
    • SIDE LINES
      • Article
        Sprinter Christie runs out of steam
        73 14 LONDON British sprinter Linford Christie just failed to pull ofT a surprise win when he tried 400 m racing in the opening GRE British League match at Hendon on Saturday. Christie led the field into the straight but faded over the last 60m as
        73 words
      • Article
        Foyt earns front starting row
        56 14 INDIANAPOLIS Legendary driver AJ Foyt, ignoring pain in his throttle foot, qualified on Saturday for his 34th and final Indianapolis 500-mile race. Foyt earned a front row starting position for the 75th 500 scheduled for May 26 by averaging 358.9 kmph in his four-lap qualifying
        56 words
      • Article
        Belgian takes Tour Du Pont
        58 14 MARYLAND Patrick Roelandt, a little-known Belgian rider, broke away from the field on Saturday and rode the final 45 km alone to steal the second stage of the Tour Du Pont and take the overall race lead. Roelandt, 30, finished the sun-baked 219-km course in
        58 words
      • Article
        Crosby leads Crestar Classic
        35 14 VIRGINIA Elaine Crosby shot a one-under-par 71 to take a one-stroke lead from overnight leader Tammie Green after the third round of the US$4OO,OOO Crestar Classic women's golf tournament on Saturday.
        35 words
    • Article
      Lock icon Heavy rains halt play at Atlanta Classic
      430 15 AP GEORGIA A thunderstorm forced a suspension of the third round of the Atlanta Classic on Saturday just after Mike Springer made a birdie putt on the second hole. Tom Kite, who had moved into a tie with Springer with a birdie on
      AP  -  430 words
    • Article, Illustration
      Lock icon Trevino holds on to lead despite bogey
      325 15 AP TEXAS Lee Trevino had a bogey on the final hole, but still held on to a one-stroke lead on Saturday after two rounds of the Reunion ProAm Seniors tournament. Gene Littler had birdies on five of his first seven holes on the
      AP  -  325 words
    • Article
      Lock icon Chinese divers sweep titles at Alamo
      240 15 AP FORT LAUDERDALE China, despite missing its premier divers, won the men's 3-metre and women's platform events on Saturday at the Alamo International. Lan Wei, 23, who hadn't won since 1988, edged Americans Mark Bradshaw and Mark Lenzi in the 3-metre competition. Zhu Jinghong,
      AP  -  240 words
    • Article, Illustration
      Lock icon Italians beat Kiwis in neck-and-neck race
      433 15 International America's Cup Class Reuter SAN DIEGO The Italian sailboat II Moro di Venezia-3 beat the yacht New Zealand by one minute 7.9 seconds to win the finals of the International America's Cup Class (lACC) races on Saturday. In the consolation match between semifinal
      Reuter  -  433 words
  • Page 14 Advertisements
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      392 14 GO FOR ISPO 91. IN ASIA. .MS THlS event The Third International Trade Show for Sports Im 2 is endorsed BY P trJSe pore Equipment and Fashion has proved to be an board opment indispensable marketing instrument for the Asia Pacific region. ispo Asia '91 will showcase the best sporting
      392 words
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  • Page 15 Advertisements
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      146 15 AT THE CONRAD B H TAKE A while JV JBr -V &ftfcfc: 'SCg y\ FOR THE w' T*m 4096 hßj®»?y* JM Hp > I M < s do the for the and the ducky r 9 K for tub" IP?'" 1 > K^.:.J: &rS '< Well. could also be the
      146 words
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  • Page 16 Advertisements
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      192 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. VlfdG A MKMBKR Ol- Cl)l. I lOTKI.S i w>im .mm.w m Havelock Road,
      192 words
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      Page 16 Advertisements Column 2
      279 16 THE ITALIAN MAESTRO RETURNS 10th May 23rd May Pete's Place is once again delighted to welcome Chef Vincent Pecoraro Inspired by the success of previous visits, the Famous Italian Chef from Donatello's Restaurant in Waikoloa, Hawaii will concoct new. tantalising temptations. For the two week crusade, Chef Pecoraro s favourites
      279 words
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      Page 16 Advertisements Column 3
      286 16 **000 TMCOTK presents The Xiamen Herbal Food Promotion. 26 April 14 May Savour the wonders of traditional herbal delicacies specially from the city of Xiamen, China. At Seafood Theatre Restaurant. Set Menus 6a. A la carte available: Lunch or dinner. Sponsor: <j. utr. PlazaHotei, erwktoMaioinn'OnSMSlMWlt Sichuan Splendour ROSE 3 GARDEN
      286 words
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      Page 16 Advertisements Column 4
      235 16 Ar ex ting experier e awaits you at The Gazebo C Entertainment. j Karaoke 1 P *M il«ik. I V Mobile Disco gJ Paramount Hotelmaa^^ JgSSL AN EXTRA VALUE ADDED TO YOUR MEAL. FOR NOTHING. f *•Twama a y From March 18 to May 31, we will be giving away
      235 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      706 16 TELEVISION AND RADIO 0 SBCI2 6.30 Best of Disney The New Ut SISiSSm). BUSINESS on RADIO wnat pnee progress: «-«•—-<* 1 ksks w,nn,eThc s 6.30 PM CNN International (L). 700 h n C H a ll,orma Ra,sin Sho 7 J*"* SL?f twofk 5.30pm, 3.25 am: Financial News BBKITITrTffTHTITrMBB I 800
      706 words
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  • THE ARTS
    • Article, Illustration
      Lock icon The maestro's mandate
      1354 17  -  The Singapore Symphony Orchestra leaves on its month-long European tour on May 26. Music Director and Resident Conductor Choo Hoey shares his views about the tour, while the SSO's Public Relations and Promotions Manager Ng Siew Eng talks about the logistics involved in taking an orchestra overseas.
      Picture by Arthur Lee  -  1,354 words
    • Article, Illustration
      Adventures of a travelling orchestra
      825 17 Mobilising a group of almost a hundred musicians, four support staff and a few family members is no mean feat, but when this is coupled with 46 cases of equipment weighing about three-and-a-half tonnes, travel arrangements can get somewhat complicated. Freight agents have to be
      825 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      266 17 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? o*feubfrtm (?>nll MONDAY TO FRIDAY, 12 NOON TO 2.30PM. $31.00 2r>- PER PERSON At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la cane main course in
      266 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares may open weak on Dow's 50-point fall
      4394 18  -  By William Chia THE local stock market is expected to open weak this week following the decline in US bond prices which led to a sharp fall on Wall Street last Friday. The Dow Jones Industrial Average fell 50.98 points, or 1.7
      4,394 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4257 19 Main Board Jacks Int 143 +43 +43.0% Prima 585 +40 +7.3% SPH Foreign 1280 30 +2.4% H Negara 430 +30 +7.5% Spore Land 655 +25 +4.(J% SIA 1300 +20 +1.6% DBS Foreign 1290 20 +1.6% Khong Guan 260 +20 8.3% Alex Hldgs 50* 214 +14
    4,257 words
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  • MARKET REVIEWS
    • Article
      Lock icon Is Wall Street ignoring negative signals on the economy?
      772 20 Possibility of much slower economic recovery looms FT NEW YORK THE QUALITY of life in New York City, which gloom-mongers suggest has been deteriorating ever since the Dutch planted their flag at the foot of Manhattan, is about to take another
      FT  -  772 words
    • Article
      Lock icon Stocks finish weaker in thin trading
      500 20 AFP •^TOKYO-;;-, SHARE PRICES fell in extremely thin and directionless trading on the Tokyo Stock Exchange last week, with institutional investors keeping away from the market in the absence of fresh incentives. The Nikkei Stock Average of 225 selected issues closed out the holiday-shortened
      AFP  -  500 words
    • Article
      Investors await cut in interest rate
      888 20  -  LONDON By Ray Heath WITH FRIENDS like Robin Leigh-Pemberton, governor of the Bank of England, the Tory party needs few enemies. A decade ago his appointment was condemned as purely political the elevation of a merely average clearing banker, but one on whom then-prime
      888 words
    • Article
      All eyes on China's MFN status issue
      583 20 HONGKONG WITH the June 3 deadline looming, the renewal of China's Most Favoured Nation (MFN) status is the chief source of concern for the market. As the fall in turnover to HKSI.2 billion last week indicates, the issue has sidelined institutional investors, most
      583 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        65 20 OFFSHORE buying boosted Australian stocks last week. The market indicator, the All Ordinaries Index, climbed 29.9 points to 1.548.3. The All Industrials Index rose 44.1 points to 2.409.4 and the All Resources Index gained 18.9 points to 891.2. Daily turnover averaged AS240 million (US$188 million) during the week, compared
        65 words
      • Article
        BANGKOK
        141 20 SHARE PRICES on the Taiwan Stock Exchange contini ued their upswing last week i as most investors unflinchingly held their stocks, ana- lysts said on Friday. Recouping the previous j week's 1.5 per cent loss, the I 228-issue weighted price ini dex advanced 448.94 points, or 7.7 per cent,
        141 words
      • Article
        MANILA
        110 20 THE Philippine stock market edged up slowly but showed little signs of life amid a trend of consolidation, spokesmen for both stock exchanges said on Friday. At the Manila Stock Exchange. the composite index closed at 1,117.44 points on Friday, up 69.26 points, or 6.5 per cent, from May
        110 words
      • Article
        JAKARTA
        78 20 PRICES shifted slightly higher on the Jakarta Stock Exchange last week in dull trading, with the composite price index closing at 407.675 on Friday compared to 407.481 a week earlier. Trading was thin except for banking stocks as rumours continued of planned new legislation to allow foreign investors to
        78 words
      • Article
        SEOUL
        70 20 THE South Korean bourse, reeling under a tight monetary supply, received further blows from the latest series of anti-government protests and ended the week much lower. The broad-based Stock Price Index closed the halfday Saturday session at 629.17, down 16.33 points, or 2.5 per cent, from a week ago.
        70 words
      • Article
        Lock icon BOMBAY
        101 20 AFP TRADING was largely listless on the Indian stock market last week as the country inched its way towards its second general election since November 1989. The Bombay Stock Exchange (BSE) Sensitivity Index gained 16.3 points to close at 1,288.4 while the BSE National Index moved up by five
        AFP  -  101 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      156 20 BANKING, FINANCE 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 topics
      156 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Selective buying lifts NST index to new high
      4407 21 MBT EXCEPT FOR selected blue chips, the Kuala Lumpur stock market was generally easier last week in quiet trading, with activity driven mainly by small players. Hefty gains in a number of component stocks drove the 30-counter New Straits Times Industrial Ordinary
      MBT  -  4,407 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      382 21 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-49 82 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Chua Kim How of Apt Blk 4 Qui Chee Road #02-144, Singapore 1646, have applied for a 2nd Class Public House licence in respect of premises at M/s Osahime Sushi Restaurant
      382 words
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      Page 21 Advertisements Column 2
      367 21 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thu, I Low Yan Sun of No. 33 Carmichael Road, Singapore 1335, have applied for a Beer House, First Class licence in respect of premises at M/s Low Peng Kee Ealing House at 986 Upper Serangoon Road, Singapore 1953, and that this application
      367 words
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      Page 21 Advertisements Column 3
      315 21 IN THE MATTER OK THE COMPANIES ACT, CAP. M AND IN THE MATTER OF MAHLLF PRIVATE LIMITED (la Member*' Vataatary UqaMatiaa) Special Reaalattaaa At an Extraordinary General Meeting of the members of Mahluf Private Limited duly convened and held at 11 Dhoby Ghaut, *09-09 Cathay Building, Singapore 0922 on 7th
      315 words
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  • WORLD STOCK MARKETS
    • Dow tumbles as bond prices plunge
      • Article, Illustration
        NEW YORK
        1395 22 NEW YORK stocks fell sharply late last Friday, more than erasing Thursday's strong gains. Traders attributed the slide to plunging bond prices. The Dow, relentlessly tumbling minute by minute throughout the day, sank 50.98 points, or 1.7 percent, to 2,920.17. Ironically, Wall Street traced both Thursday's rise and
        1,395 words
      • Article
        FRANKFURT
        348 22 GERMAN SHARES ended 0.8 per cent higher in fairly thin trading in Frankfurt last Friday, boosted by gains in US shares on Thursday and speculation surrounding tyremaker Continental. The 30-share DAX index ended 13.35 points higher at 1,620.63 after trading in a very narrow four-point range throughout the session.
        348 words
      • Article
        STOCKHOLM
        144 22 A SCRAMBLE for Astra shares on a day when many participants were absent from the Stockholm bourse led the bourse slightly higher in early trading last Friday. The bourse's general index was up 0.51 per cent to 1032.12 in steady volume of 292 million crowns. The top-16 index rose
        144 words
      • Article, Illustration
        LONDON
        806 22 AFTER CLIMBING to within a whisper of an all-time high in the wake of Wall Street's overnight gains, shares eased in London last Friday, depressed by profit-taking and gloomy statements from major companies. The Footsie index of 100 leading shares finished at 2,524.3, down 17.5 points. The FT-30 index
        806 words
      • Article
        AMSTERDAM
        284 22 DUTCH SHARES closed firmer in Amsterdam last Friday, with initial strength fuelled by Wall Street's rise on Thursday and sustained by foreign interest, dealer said. Sapped by the absence of many local investors, interest tailed off as US shares beat a retreat, and the CBS general tendency index closed
        284 words
      • Article
        MILAN
        191 22 PIRELLI rose strongly in early trade in Milan last Friday on the dismissal of Continental board chairman Horst Urban but it was not enough to shake the market out of its recent stupor. Pirelli rose 1.5 per cent to an official close at 1,701 and was gaining further in
        191 words
      • Article
        ZURICH
        283 22 SWISS SHARES closed slightly higher in Zurich in quiet trading last Friday. Dealers said shares were supported by Wall Street's gains last night and slightly lower Swiss money market rates. "Sentiment is quite good but volume is light as many players are absent because they are taking a long
        283 words
      • Article
        JOHANNESBURG
        403 22 JOHANNESBURG stocks maintained a steady to slightly firmer stance in Johannesburg last Friday, dealers said, but no clear trend emerged in cautiously subdued trading ahead of the weekend and after Thursday's holiday. Attention remained focussed on South African political developments, and activity was minimal, they said. The JSE all-gold
        403 words
      • Article
        TORONTO
        256 22 TORONTO STOCKS followed a steep slide in the Dow and US bonds, tumbling in late trade last Friday after rumours that a financially-troubled insurance company was liquidating its bond portfolio scattered buyers, dealers said. Wall Street dropped 60 points or over 2 per cent at one point. The TSE-300
        256 words
      • Article
        Untitled
        146 22 May 10 Close Previous NEW YORK Dow Jones 2,920.17 2,971.15 -50.98 NYSE Financial 150.50 152.71 -2.21 S&P 500 375.74 383.25 -7.51 Turnover (million) 172.7 180.2 -7.5 LONDON Financial Times 30 1,974,5 1.996.2 -21.7 FTSE 100 2,524.3 2,541 8 -17.5 Turnover (million) 421.7 407.6 +14.1 AMSTERDAM CBS Tendency Index 94.9 94.2
        146 words
  • Page 22 Advertisements
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      43 22 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) Find out how sellers are reaching out to buyers in Advertising and Marketing. Even Thursday in Business Times.
      43 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends lower in dull trade
      594 23 REPORTS HEW YORK n i ii t'Ar- ■-'n t i'mT-'ti' V V--'iVi nY-T-, u -V v r' rTHE US DOLLAR closed lower in quiet trading last Friday, with market participants finding little impetus to inspire action. With some European traders taking a long weekend
      594 words
    • Article
      US unit firms on strong buying
      642 23 ASIAN CURRENCIES HONGKONG Most Asian currencies weakened against the US dollar during the past week because of strong buying of the greenback following signs of an improvement in the US economy. The Japanese yen, Thai baht, Indonesia rupiah, Malaysian ringgit, South Korean won, and
      642 words
    • Article
      INTERBANK FOREX RATES
      402 23 Cross rates May 11 USS SS* MS Dm Yen SFr AS NZS USS 1.7675 2.7590 1.7230 138.70 0.5809 1.4565 1.2755 1.6964 SS* 0.5658 1.5604 0.9791 0.7825 0.3293 0.8280 0.7230 0.9614 MS 0.3625 64.09 0.6245 0.5027 0.2105 0.5279 0 4623 0.6148 Dm 0.5804 1.0214 1.6013 80.50 0.3371 0.8453
      402 words
    • Article, Illustration
      Lock icon Poehl sets preconditions for Danish EMS plan
      297 23 Reuter LUXEMBOURG Denmark's proposal to narrow fluctuation bands in the European Monetary System to 1.50 per cent from 2.25 per cent is constructive but requires economic convergence if it is to work, said Bundesbank president Karl Otto Poehl. Without more convergence to underpin
      Reuter  -  297 words
    • Article
      Lock icon EC accepts Britain's refusal to join single currency plan now
      462 23 AP LUXEMBOURG European Community finance ministers last Saturday appeared ready to let Britain maintain its opposition to plans for a single currency but still join an economic and monetary union. After day-long talks at a posh hotel here, there seemed
      AP  -  462 words
    • Article
      Gold firms up but views still divided
      556 23 GOLD FINANCIAL FUTURES REPORT SPOT GOLD traded slightly firmer last week, rising from Monday's opening and low of U*****.50/354.00 to Thursday's high of U*****.70/ 358.20 before closing at U*****.70/357.20 per troy oz in New York on Friday. The bearish sentiment which had gripped
      556 words
    • Article
      FINANCIAL FUTURES
      303 23 IMM May 10 KUTSCNEMMK Open High Low Sett Vol Op/lnt Jun 91 0.5753 0.5795 0.5741 0.5785 32,895 79.260 Sep 91 0.5712 0.5752 0.5701 0.5742 EURODOLLAR Open High Low Sett Vol Op/lnt Jun 91 93 90 93.91 93.86 93.87 154,189 844,546 Sep 91 93.68 93.71 93.60 93.61 JAPANESE YEW
      303 words
    • Article
      PRIME LENDING RATES
      499 23 Prime lending rates BANKS Industrial Bank (Japan) 8 ov 0 International Bank (S) 7V, S n n v at r I Istituto Bancano Allied Irish Bank PLC 8 San paok) Dl Torjno 8 v, American Express 8 8 Am Dam R terdam Bank 8 R Bank (S)
      499 words
    • Article
      MONEY MARKET
      546 23 Interbank rates S$ Bid Offer Overnight 4 15/16 5 1/16 1-month 5 5 1/8 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 4-15/16 LS$ High Low 7 days TV8 JUi 1 month 5 15/16 5 7/8 2 months 5 15/16 5 15/16 3 months
      546 words
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  • COMMODITIES
    • Article
      Lock icon US winter wheat crop expected to be down 26pc
      420 24 Reuter WASHINGTON US farmers will harvest 1.5 billion bushels of winter wheat this year 26 per cent less than last year due to low prices and a dramatic drop in yields and acreage, the government forecast last week. Wheat prices have
      Reuter  -  420 words
    • Article
      Lock icon UK coal industry set for big cuts as privatisation looms
      348 24 AFP LONDON Britain's nationalised coal industry is facing a potentially drastic contraction as it faces up to the challenges of privatisation and the loss of guaranteed markets for 80 per cent of its coal. In evidence given to the House
      AFP  -  348 words
    • Article
      Lock icon Refinery fires send oil price above US$20
      879 24 REPORTS AFP LONDON Brent crude, the benchmark North Sea oil, broke through the US$2O a barrel mark in the past week for the first time since midMarch due to fires in refineries in the US and Saudi Arabia. The rest of the commodities
      AFP  -  879 words
  • Article
    PRICES
    1129 24 Rubber MS (fob in bate*) S cents/kg Int I RSS Close May 6 146.25 May 7 146.25 May 8 145.50 May 9 145.00 May 10 145.50 MRELB (fob in bales) M cents/kg Int 1 RSS Close May 6 226.00 May 7 226.00 May 8 225.50 May 9 225.00 May
    1,129 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      419 24 BUSINESS TIMES TELEPHONE: 730-3771/3772/3773 PAX: 734-4982 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Yeh Hwee Chian of No. 221 Pasir Panjang Road, Singapore 0511, have applied for a Ist Class Public House (extended) licence in respect of premises at M/s Radio Station Pub Entertainment Pte Ltd at 100/102
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      Page 24 Advertisements Column 2
      132 24 CALDWELLA INVESTMENTS PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308(2) of The Companies Act. Cap 50 that the FINAL MEETING of the Members of the abovenamed Company will be held at One Raffles Place *39-00 OUB Centre. Singapore 0104 on Friday,
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      Page 24 Advertisements Column 3
      52 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask j for home or office
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      Page 24 Advertisements Column 4
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1096 25 City Flight ETA FMght ETD City Flight ETA FHgM ETD >dalaidl SQ228 1905 SQ227 2200 MH613 1850 MH614 1850 JTTSTJ MH615 1945 SQ1I8 1945 *mit»rdam KL841 055 KL842 2035 SQ115 2005 MH616 2035 1240 MH617 2050 MH618 2045 Bandar Sari BI421 1105 SQ182 0915 SQ117 2105
    1,096 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Final surge for Japanese tourism?
      507 25  -  LETTER FROM TOKYO By Scott Miller JAPANESE tourists, gun-shy towards overseas travel since the Gulf War, may regain their nerve just in time for the peak summer travel season. But economists and officials at travel agencies in the country say Japan's slowing economy may signal
      507 words
    • Article
      MONEY CHANGER RATES
      151 25 As at 10.5.91: Ixk*1 dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.376 1.396 Canadian dollar 1.520 1.540 NZ dollar 1.030 1.065 Sterling pound 3.015 3.035 US dollar 1.7650 1.7750 Local dollar* to 100 units of foreign currency Austrian schilling 14.30 15.30 Belgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      78 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel May 13-18 Technical Belgrade. Foire Belgrade ********** May 22-24 International Utrecht, Koninklijke ********** International Yugoslavia Computer Netherlands Nederlandse Fair Software Jaarbeurs May 21-25 Medicine Zagreb, Zagrebacld (38)*****666 Exhibition Technology Yugoslavia Vdesajam May 25-29 International Milan Asaociasione *****64.282
      78 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      39 25 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok Call *****77 for details. We know Europe from start to Finnish.
      39 words
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      Page 25 Advertisements Column 2
      34 25 Want to see the movie Alan and Eric Between Hello and Goodbye for free? Want to meet the stars Alan Tarn and Eric Tsang? Find out how in The New Paper today 498w \sn
      34 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      313 25 Small edition of Elia 6 A mother with aspiration _J_J^ to be nurse in China (4) 9 Brief character reference dissatisfied 10 Papal announcement servicemen resent (4) j|M 15 Arrive Plutonium per- ~~~■■l "H HI 16 Tourist attractions over- i 7 I I looked by gunmen (6) 17 Weekly columns
      313 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      210 25 Singapore Outlook: Showers over several areas in the morning. Forecast: Maximum temperature 30.2 Assoc humidity 75% Minimum temperature 25.3* C Assoc humidity 95% Hours of sunshine 5.30 Rainfall in mm 5.2 Rainfall this month.. 163.8 Rainy days this month 9 World forecast Asia-Pacific Hi/Ix)* Cond. Auckland 18/08 Showers Bangkok 35/25
      210 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      45 25 NOtfstNse... fts ft mpiTreje koitucky wep g>R\ST&U)— STOP PQONinIG Aor PACT I MftVtN'T CHICKOJ... MPySH BJ?OU)HS o* about Tnose vrnero pv sccohd thought. J Blpck eyeo tourists... n/oo'rc \r vPeas VQUITCr &QR<»fG 1 frflpaff&acg v —y— -*#3 8425 e tviNMO standard co ltp, im-ihi rrnv
      45 words
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  • Article
    Lock icon Arab oil states' economic prospects look rosy
    375 26 Report cites more active private sector and higher demand AFP ABU DHABI An expected increase in oil demand and a greater role by the private sector will accelerate economic growth in Arab oilproducing countries in the next few years. In contrast, economic problems
    AFP  -  375 words
  • Article
    Lock icon ANZ Bank sees further weakness in Aussie economy
    197 26 Reuter MELBOURNE ANZ Banking Group Ltd expects Australia's recession-hit economy to bottom out by the end of the year, but only after further weakness. With unemployment set to move higher and confidence fragile, business and households are not in spending moods. Australia's
    Reuter  -  197 words
  • Article
    Western Australia plans to hold trade fair here
    305 26  -  From S N Vasuki in PERTH WESTERN AUSTRALIA'S Department of State Development, the economic development agency of the state government, will be organising a trade fair in Singapore next year to promote trade and investment links between the state and Singapore. Mr
    305 words
  • Article
    Lock icon BOJ urges Japanese govt to relax rules on foreign workers
    229 26 AFP TOKYO The Bank of Japan, in an unusual move, has urged the government to consider as a matter of urgency the employment of foreign workers to help solve the country's acute labour shortage. M Dependence on foreign labour, together
    AFP  -  229 words
  • Article
    Toshiba opens service centre in Yangon
    228 26 BANGKOK A SingaporeMyanmar joint venture opened in Yangon on Friday to service electronic goods made by the Japanese firm Toshiba. The official Radio Rangoon in a report monitored here said that the service centre was established in the Myanmar capital by a private Singapore-based
    228 words
  • Article
    Lock icon Baker meets Assad as hopes for conference brighten
    212 26 Reuter DAMASCUS US Secretary of State James Baker, buoyed by his first tangible success in Middle East diplomacy, met Syrian President Hafez al-Assad on Sunday during his fourth visit to the region since the end of the Gulf War, in a new
    Reuter  -  212 words
  • Article, Illustration
    Lock icon Yeltsin: Gorbachev an ally of democratic movement
    385 26 NYT MOSCOW After months of criticising President Mikhail Gorbachev as a virtual dictator, the leader of the Russian republic, Boris Yeltsin, said in an interview published on Saturday that Mr Gorbachev was in fact "an ally" of the democratic movement. Mr Yeltsin said
    NYT  -  385 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      122 26 PiageT JOAILUER EN lIORIDGERIE DEPUtS 1874 genßve EHL A MITSUBISHI Kh Sill s ma//, [jght, Intelligent and Mobile. The New SUM-TEL MT796 weighing 300gm with standard battery A handphone that speaks for you and the lifestyle you lead Fu "> user-<ner<jy adjustment poMm The agile SLIM-TEL MT796 packs everything into
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      Page 26 Advertisements Column 2
      220 26 PIAGEI m lIJJEK EN HORIDGERIEIJEPUISIB74 GENi-VE Discover A World Of Exciting New Opportunities At Asia-Pacific's International Showcase For... World Trade Centre Singapore Veet with more mon 350 componies por'iccxj'ing What You Can Sm At Th« Show M iyy jt T» groups from the Asia Paci*c Europe and me United States
      220 words
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  • Shipping Times
    • Article, Illustration
      SIA to pay cash for three Megatops
      417 27  -  By Dexter Lee FOR THE first time since embarking on its Boeing 747-400 programme, Singapore Airlines has decided to pay for three such aircraft out of its cash hoard instead of making leasing arrangements with Japanese and US banks. One of these aircraft,
      417 words
    • Article
      Lock icon Tanker boom a mixed blessing for Japanese
      534 27 Reuter TOKYO The first boom in oil tanker demand in 15 years is a mixed omen for major Japanese shipbuilders, company officials said. While they expect increasing orders for very large crude carriers (VLCC) to help them emerge from a slump that has
      Reuter  -  534 words
    • Article
      Lock icon Orders for Japanese ships hit 7-year high
      182 27 AFP TOKYO Japanese shipbuilders received orders for 279 tankers or freighters totalling 10.7 million gross tonnes in fiscal 1990, topping the 10-million mark for the first time in seven years. The transport ministry survey, published on Thursday, said the figures for fiscal 1990,
      AFP  -  182 words
    • Article
      Lock icon Japan's trans-Pacific liners face stiff competition
      507 27 Reuter TOKYO Japanese shipping lines operating transpacific routes will have to retrench further if they want to compete effectively with their South Korean and Taiwanese rivals, industry analysts said. Two major Japanese shipping firms have announced plans to restructure their trans-Pacific operations since March
      Reuter  -  507 words
    • Article
      'K' Line to build box depot near Thai port
      414 27  -  From Rahita Elias in BANGKOK JAPANESE shipping giant "K" Line will build up its sea and land operations at Thailand's spanking new Laem Chabang port, which started operations early this year. Capt M Tohma, Kawasaki Thailand general manager, told BT in
      414 words
    • Article
      Lock icon Arab shiprepair group to expand drydock
      249 27 AFP ABU DHABI An Arab shipbuilding and repairing group is to build a new floating drydock to meet an expected increase in business, the official United Arab Emirates (UAE) news agency WAM reported on Thursday. The new dock will be able to receive ships
      AFP  -  249 words
    • NEWS SUMMARY
      • Article
        And now, the modular car engine
        33 27 FORD Motor is embarking on an ambitious project that will enable the company to manufacture different versions of the same engine on a single line. Page 2
        33 words
      • Article
        Govt to privatise British Rail if it wins at polls
        46 27 BRITAIN'S Conservative government plans to move ahead with the privatisation of British Rail if it wins the next general election and is studying four possible routes for the sale of the government's rail interests Back Page
        46 words
      • Article
        Seattle expects traffic to double by 2010
        44 27 PORT of Seattle authorities said the volume of containers passing through its facilities would more than double by the year 2010, boosted by the port's role as a major gateway to the Pacific Rim countries. Back Page
        44 words
      • Article
        Oil majors urged to operate more tankers
        36 27 OIL industry majors should own and operate more tankers to meet increasingly costly challenges facing oil transport worldwide, a Royal Dutch/Shell Group representative told an industry meeting. Back Page
        36 words
      • Article
        Pirate attacks growing, say UK shippers
        35 27 BRITISH seafarers said last Thursday they want more protection against pirates who, armed with speedboats, guns and grappling hooks, have become the new scourge of the seas Back Page
        35 words
    • LOG BOOK
      • Article
        Telephone link between Japan and North Korea
        78 28 TOKYO Japan and North Korea were linked by a direct dial telephone service on Friday, a byproduct of rapprochement talks under way between the two neighbours. KDD, Japan's overseas telecommunications company, said on Wednesday that the new service was made possible through experiments
        78 words
      • Article
        S'pore tanker still lying aground
        74 28 LONDON The South Korean vessel Kaenary and the Singaporean tanker Jurong are still lying off South Korea, more than three weeks after running aground, Lloyd's Shipping Intelligence Service said on Friday. Owners of the 7,305 dwt Kaenary, off Busan, are looking at salvage quotations and
        74 words
      • Article
        Poor results expected for P&O
        64 28 LONDON Peninsular and Oriental Steam Navigation Co chairman Lord Sterling repeated a warning made in March that the company's 1991 results cannot be "anything but disappointing, especially in the first half'. He told the company's annual general meeting on Friday: "While our weekly indicators are
        64 words
      • Article
        New airline for Baltic states
        56 28 HOUSTON Latvian leaders are expected to announce a new airline for the Baltic states at a presentation here today, a spokeswoman for the Forum Club said. Baltic International Airline will be an offshoot of the Latvian division of the Soviet airline Aeroflot, financed in conjunction
        56 words
      • Article
        Northwest to cut walk-up fares
        71 28 ST PAUL Northwest Airlines, a unit of NWA Inc, said it is matching reductions on walk-up fares set earlier by America West Airlines Inc on one route between Minneapolis and Phoenix. A Northwest spokesman said on Wednesday that the carrier is still studying what to
        71 words
      • Article
        Taiwanese fishermen saved
        59 28 TOKYO All 18 Taiwanese fishermen were picked up from their disabled fishing boat on Thursday off Chichijima island, 1,000 km south of Tokyo, the Maritime Safety Agency said. The 318-tonne Feng Yuen Li No. 66 of Taiwan sent out a distress signal on Wednesday saying the boat
        59 words
      • Article
        Lay-off likely at Electric Boat
        81 28 CHICAGO General Dynamics Corp said that a temporary restraining order that halted work on Wednesday on the United States Navy's second Seawolf attack submarine may force the company's Electric Boat Division to lay off some employees. A federal judge in Norfolk, Virginia, granted the order
        81 words
      • Article
        US warship leaves Subic base
        59 28 MANILA The United States withdrew its only warship based in the Philippines on Friday. The guided-missile cruiser Sterett left for San Diego, California, where it will be based after a 13-month overhaul and systems improvement, the ship's commanding officer, Captain Thomas Blound, said at Subic
        59 words
      • Article
        China-Aussie telecom pact
        82 28 BEIJING The Overseas Telecommunications Commission (OTC) of Australia has signed a telecommunications cooperation pact in Beijing with the Chinese Academy of Space Technology (CAST), an Australian official said here last week. The memorandum was expected to lead to the setting up of a satellite joint venture in
        82 words
    • Article, Illustration
      Lock icon And now, the modular car engine
      1095 28  -  Ford Motor is embarking on an ambitious project that will enable the company to manufacture different versions of the same engine on a single line. Paul Judge reports Paul Judge NYT SINCE Henry Ford started mass-pro-ducing inter-nal-combustion engines in 1913, the United States automotive
      NYT  -  1,095 words
    • Article
      COCKETT BUNKER MARKET REPORT
      840 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      840 words
    • Article
      THE SHIPPING GUIDE
      10951 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      10,951 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        566 43 Voyjto Berth An** Departure i Vessel (toy No Berth Arm* Depart if e tappet Wharves Jurong Port G R Ortay 2/91 K29 atof«s*le 12 05/1830 Asean Honour Jll alongside 1305/1800 Trans Hav 267A C09 1305/1200 Bangkoknoi TOS/O6 J2 alongside 1305/1200 Kianghai K32 15 05/2300 Chien Chuen J3
        566 words
      • Article
        CONTAINER SCHEDULE
        1219 43 Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From ACX Lotus 12B 14/1100 2 12/1700 13/0659 13/0900 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 M Wa t ba 59A 14/0700 1 12/1500 12/1659 12/1900 2 12/1700 13/0659 13/0900 3 13/0700 13/1159 13/1400 Mk Victory *****
        1,219 words
      • Article
        IN MALAYSIAN PORTS
        247 43 Penang Port Kuantan Port Beth in Butterworth an May 11: 1: Thai Hang Shan, 2: h the roads: berth 1: Naftitos; berth 2: Bonito; berth 3: nil; Malayan Princess, Niaga 54; 3: Seng Hing; 4: Yuuta Maru; berth 4: Bangyai 5 Maersk Pinto; 6: Sea Leopard Pafcn
        247 words
    • Article
      Lock icon Govt to privatise British Rail if it wins at polls
      441 44 Reuter LONDON Britain's Conservative government plans to move ahead with the privatisation of British Rail if it wins the next general election and is studying four possible routes for the sale of the government's rail interests. "We believe that the
      Reuter  -  441 words
    • Article, Illustration
      Lock icon Seattle expects box traffic to more than double by 2010
      321 44 Reuter SEATTLE Port of Seattle authorities said the volume of containers passing through its facilities would more than double by the year 2010, boosted by the port's role as a major gateway to the Pacific Rim countries. "This plan represents
      Reuter  -  321 words
    • Article
      Lock icon Jury finds Northwest negligent in airport crash
      356 44 AP DETROIT Northwest Airlines was at fault in a 1987 jet crash that killed 156 people at Detroit Metropolitan Airport, a US District Court jury said. It declared the plane's maker free of fault. The jurors were in their 16th day of deliberation
      AP  -  356 words
    • Article
      Lock icon US court frees seized Polish fishing vessel for bond of US$925,000
      284 44 UPI ALASKA A US federal magistrate set bond last Thursday at U*****,000 (SSI.6 million) for the release of a seized Polish fishing vessel and its cargo, half the amount sought by the US government. US Magistrate John Roberts said
      UPI  -  284 words
    • Article
      Lock icon Oil majors urged to operate more tankers
      302 44 Reuter HAMBURG Oil industry majors should own and operate more tankers to meet increasingly costly challenges facing oil transport worldwide, a Royal Dutch/Shell Group representative told an industry meeting. Lan McGrath, the managing director of Shell International Marine Ltd, said "a strategic presence
      Reuter  -  302 words
    • Article
      Lock icon Pirate attacks growing, say UK shippers
      172 44 AP LONDON British seafarers said last Thursday they want more protection against pirates who, armed with speedboats, guns and grappling hooks, have become the new scourge of the seas. The International Shipping Federation said attacks on merchant ships by pirates and armed robbers are
      AP  -  172 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      229 27 jP ECS MARINE AUTOFAX (W^B SERVICES INCLUDES |fl|l| 1. CREDIT REPORTS 1111 l 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING Call 2241 890 for MM FREE Demostratlon Package When Serving Our Customers, We Use An Impressive Set Of Dishes. 1 l( a* y /l^\ i^HPi /l j_
      229 words
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      Page 27 Advertisements Column 2
      25 27 Coctett Report 2 Container Schedule 17 Index to Advertisers 3 Shipping Gmde 10.11 Ships in Port 17 Singapore Tides 17 Weather and Sea Conditions 17
      25 words
Page thumbnail Page 28
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      77 28 AMMOUNCEMENT iAND DRAFT CONSOL. CARGOWAYS AND -fy/ X\W AGENCIES FREIGHT SERVICES V LTD With effect from 13th May, 1991, the only 2 specialists who consolidate EXCLUSIVELY to the Indian Sub-continent, have merged incorporated under the following name:-Draft-Cargoways (s) pte ltd 151 CHIN SWEE ROAD, #14-07 MANHATTAN HOUSE, M M~l SINGAPORE
      77 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2342 29 JAWHNE SHIPPING AGENCIES 200 Cantonment Road #12 06 Southpoint, Singapore 0208 \llVf/ 22iaou telex no rs ***** IVfnTlll TERMINATES Tel *****18 220 EVFAAAfIrI BOOKINGS Tel *****34 258 L VSGQf M pesaka jardine shipping agencies son bho >*ORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS
      2,342 words
    • Advertisement
      Page 29 Advertisements Column 2
      1178 29 INDEX TOADTCRTISERS Paxe Col P«ge Col IAI M 1 ABC Containerline 12 I M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nets Agencies 14 1/2 AFS 15 2 Macoline 12 3 Ahrenkiel Liner 16 4 Madju Sdn Bhd 15 1/2 Allied-Link 16 4/5 .MaerekLine 3 4/5 Anglo Orient 16
      1,178 words
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      Page 29 Advertisements Column 3
      2104 29 ■BMiFWII TWO SAILINGS RED WEEK TO EUROPE SINGAPORE/SOUTHAMPTON 17 DAYS ETO WEEKLY THURSDAY AND SONDAY SINGAPORE/ANTWERP 17 OAYS Voy ETA ETD "Port 'Penang DESTINATIONS Singapore Kelang Thia mre«(i Lindoe Mae'** 9106 F««oe* by 14/s 0000 mrs m Pmto HI CFS IVS 2359 H«S OAK LGB HOU MEM ATL MIA CMS
      2,104 words
Page thumbnail Page 30
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1242 30 fOTTEOAM/j Jfc I VOY NO S'POWE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KURAMA 10/119 16/5 8/0 4/6 3/6 PW*fl FRANKFURT EXPRESS 56/319 19/5 5/6 7/6 10/6 11/6 Iti IIT TOKIO EXPRFSS 99 120 23/5 13/6 11/6 10/6 i Ail WESTBOUND F KAMAKURA 17/320 26/5 12/6 14/6 17/6 16/6 jrrfjuW] PCNANC CARGO
      1,242 words
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      Page 30 Advertisements Column 2
      493 30 VSSH3OEJUH DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 26/5 10/6 12/6 18/6 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA NUKUAIOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX SAI (PERU) ISLA FLOHEANA 2206E 26/5 1/7 217 5/7 7/7 8/7 Agants Stiff# SINGAPORE: 2ilMll
      493 words
    • Advertisement
      Page 30 Advertisements Column 3
      1464 30 B9IMUIA &MWS REGULAR INDEPENDENT FULL CONTAINER SERVICE wg§TB6uND Fbn EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PEARL 9110-3 14/05 03/06 04/06 »/06 09/06 10/06 11:06 12/06 13/06 NORASIA PRINCESS 9111-3 25/05 13/05 14/06 17/06 18/06 19/06 20/06 21/06 22/06
      1,464 words
Page thumbnail Page 31
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2142 31 s Maritime Holdings Ltd P&O M IV STRAITS SHIPPING ■RMk j Singapore to BmMi, East Malaysia. Containers MLm Voy No Pen/ Pkl S'po f. Alg Sou Ant Rot Hag ACCEPTS DUE SAILS LAUST MAERSK 9106 11® 1305 1505 30,05 0206 0306 05 06 CARGO ORIENTAL BAY 0522 1105 1305 1&05
      2,142 words
    • Advertisement
      Page 31 Advertisements Column 2
      2166 31 TO: U.S.AJPANAMA FM: U.S.A./PANAMA SJ> OAK LGB cm roe SAV NOR NYC YC Mo c LCB oak sp GERMAN SENATOR EF 111 li S IJ.t 14* 21* 304 2/7 ..r, JW W 14,4 lM 13,5 CHOVANG PARK EE 1M 2*4 144 21/t 8.4 HI 717 *7 rMfI M W W
      2,166 words
    • Advertisement
      Page 31 Advertisements Column 3
      400 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL Ivor Isp ["pk kuc kk ORANGE OCEAN SLO 14/5 ASEAN TRADER "To "13/5 TRANS AUTO ~n "SLD IN PT SUNNY SKY 9 "SLD "SLD TRONO "76 17/5 COSMIC PIONEER 13 IN PT "15/5 COSMO ANGEL 3 H/5 "23/5 KOU SHUN
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      686 32 m CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY S PORE 1 ROAM ADAM H BURG BREMCN ANTWERP KUTAI22WB In Port 14,« 20,6 25/6 30-6 MAT ARAM, 29W8 20/6 22/7 22/7 31/7 3/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ect to Inducement Alto accepting cargo to Caaablanca. Port
      686 words
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      Page 32 Advertisements Column 2
      947 32 5f HANJIN SHIPPING I FEEDER VSL SIN LINE HAUL LAX OAK HANJIN HAMBURC ML 14/5 DIRECT 10 6 12/6 HANJIN KAOHSIUNG 004E 23/5 DIRECT 12/6 15* HANJIN VANCOUVER 005E 22/5 OIRECT 12/6 20/6 NB TfS AT PUSAN FEEDER VSL SIN LINE HAUL SEA VCR S pore H Kong Kaoshiung Kobe
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      Page 32 Advertisements Column 3
      1377 32 I PKL SCP HKC KSC KLG PUS MKT OSK NGY SM2 TYO LAX CHS BAI NYC LMV ANN ROM THP HBC PSD CMB PKL SGP I E GIANT RE 04j IS'5 1/ S 21'5 22/5 245 27,5 29 5 11,5 1* 2,4 34 14 6 26/6 Tg/t 304 9; 7
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      2149 33 V 1 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS NEPTUNE LINK TEL: *****00 UK/EUROPE SERVICE-*****19 USA SERVICE *****18 AUST/INDIA/PAK SERVICE -*****18 FAR EAST SERVICE *****48 09 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT *****69/*****60 CFS: K27 EXPORT; *****63/*****04 Mi NEPLINE SDN BHD MALAYSIA K I
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      Page 33 Advertisements Column 2
      1006 33 m 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) FULL CONTAINERSHIP SERVICES LOADING FOR WESTBOUND TRANSHIPPED AT ROTTERDAM vtsstis Jot pi* Imla lUm voy |¥Tn |wu mm
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      1506 34 K. W f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I |4 MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD i 11/ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 HHHHHB KAWASAKI KISEN KAISHA LTD INDONESIA: P.T. SARANA LAUT INTERNUSA TEL:
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      Page 34 Advertisements Column 2
      1244 34 PHILI-ORKNT UNCS PT€ LTD i '08 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69 *****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA SeSWT WE TAKE ON THE WORLD FOR YOU (Hff MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 20 MAY MONTREAL, OTTAWA, TORONTO, 17 MAY
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      1477 35 gljg'S'SOf PACIFIC INTERNATIONAL LINES (PTE) LTD M jlfcl PIL Building, 140 Cecil Street »03-00, Singapore 0106. 'JAKARTA [BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 191 14/5 16/5 21/5 KOTA BINTANG 9113 14/5 17/5 21/5 EQUATOR MAS 03N 16/5 18/5 23/5 KOTA PAHLAWAN 9118 15/S 18/5
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      Page 35 Advertisements Column 2
      995 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. m Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM! S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Dqima+ 148 16/5 2/6 3/6 5/6 6/6 City of Edinburgh'
      995 words
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      Page 35 Advertisements Column 3
      540 35 r ■■■■PMPWM mtm MYANMA PA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg MERGUI VIOSW In Pt PATHEIN VtllW 15/11 MUy HPA AN VI63W 22/25 May PAGAN VIO7W 25/21 May THE BANK LINE (A ••rvlc* of Andrew Woir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY
      540 words
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      Page 38 Advertisements Column 1
      711 38 TO AUSTRALIA/NEW YEALAND [~VSL I Sin Frem iMelb |Syd Auck NPE |P CMALM ELLEN HUOIG m 7*5 22/5 tf/5 »5 fc* BRUSSEL 2/1 »5 U> W& 2W m C VEROLME 272 U/S M/ 6 Hi 4/7 7/7 ANTWERPEN 273 77* 5j7 *7 W I*7 22/7 24/7 TO USA/CANADA VSL Singapore
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      Page 38 Advertisements Column 2
      918 38 EXPORTS TO HONGKONG, TAIWAN JAPAN TWICE WEEKLY MALACCA TRAIT FEEDER SERV E I OUTBOUND VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NCO KOB VESSEL VOY SIN PKL PNC BLW SIN ~ACX LOTUS 12l "65 FT 14 5 18 5 20 5 24 5 25 5 ICEBIRD 5A
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      Page 38 Advertisements Column 3
      197 38 f OFFICES: p** MACOLINE ?KS" SSI* PORT KELANG: 03 *****06 SIN-PASIR GUDANG-PALEMBANG SEMI-CONTAINER SERVICE VESSEL SIN PG SIN PLM B.S. PMOIS 10/5 11/5 12/5 14/5 B.S PMOI6 17/5 18/5 19/5 21/5 CONVENTIONAL SERVICE VESSEL ETA PKL ETA SIN PORTS "SUSANNA" 15/5 JKT/PANJANG "BRITT ANN" 19/5 PADANG I anna SCAN LLOYD
      197 words
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      Page 38 Advertisements Column 4
      1492 38 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TELEX T£ B C S Scoship 2. MISTRI ROAD, HMC BUILDING FAX: *****66 #15 00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: COST AR SHIPPING PTE LTD ■■■■SSSMBB FROM HONG KOHQ AND CHINA TO HONGKONG AND CHINA I VESSELVOY
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      Page 39 Advertisements Column 1
      973 39 UKC CONVENTION At SERVICE Vmwl PKI PNC P C Loadinf for A VESSEL It 04 Rolt«fdam *ntw«rp CHINA ruu CONTAINER »E»VICE V**" l SCP PKL BKK HKC QIN SHA YANGFANCKOU 149 01/5 »/4 07 5 12'5 16,5 YANCFANCKOU 151 Oil »ls 07 6 ul 166 Alio accepting oth«f cnm*w oorti
      973 words
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      Page 39 Advertisements Column 2
      353 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lln«s) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) !r<t\ ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA ILOADING FOR SPORE ABOAt AON2 30/05 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET JIWB 10 06 DARCSSALAAM MOMBASA
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      Page 39 Advertisements Column 3
      654 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANC PENANC BLUE JADE 25/5 loading for Male IRUVAI MUOHU 25,5 Loading for Calcutta DOLPHIN 12,5 11/5 loading For BangKok PIONEER SUPREME In Port Loading For Male DONAKULHI 25,5 Loaded For Fehwaru PROGRESS LIBERTY 6 6 Loading
      654 words
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      Page 39 Advertisements Column 4
      847 39 SYDNEY/MELBOURNE BANGKOK ItftSSEL VOT SPORI SYD MEL VESSEL VOY SINGAPORE tANCKQK PIYA BHUM 0704 11 19/5 03-5 6 07-8/6 MAHA BHUM# 57N Wad IS/S Sat 11/5 PLANETA 0849 05-6,6 18 20 6 22-24/6 JENLINK 55N Thur 16/5 Sun 19/5 PIYA BHUM 0905 20-21/6 03 5/7 07-1/7 BENJA BHUM 05N Thur
      847 words
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      Page 40 Advertisements Column 1
      1371 40 MAC-NELS SINGAPOREf"""" til ?2Q?oiF| import tel at wot PENANG TEL (04 *****6 KK TEL (088) *****0 TAWAU TEL (089) 7786/9 P KELANG TEL (03) *****71 KUCHINO TEL (082) *****3 SKAN TEL (089) *****2 -f\-/\" J DAHRU TEL (0/) *****2 SIBU TEL (084 *****2 SARIKU TEL (084)*****8 V W N JAKARTA
      1,371 words
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      Page 40 Advertisements Column 2
      386 40 Ijgfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRIHEI) MONTHLY BAILINOB DISCHARGING AT NEW PLYMOUTH A I'ORT CIIALMKKH ACCEPTING H I. IX'.L FOR AUCKLAND. NAPIKR, WELLINGTON, BLUFF, (lIRISKHLKdI. DUNKDIN, LYTTKLTON. INVKRCARGIL, FIJI AND TAHITI SIN N PL* AUCK LVT MANDAMA 05% 20 May 30 May Via
      386 words
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      Page 40 Advertisements Column 3
      729 40 j®| THONG SOON LINES PTE. LTD. 1 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX RS ***** CARRIER. RS ***** JENHpL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL TVOT IETA IBEIT VESSEL VQT J
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      Page 40 Advertisements Column 4
      315 40 U S A Frata Container Lines Pte Ltd are pleased to offer NVOCC Services SINGAPORE/USA in accordance with regulations of FMC with whom a tarrif has been filed and a Bond posted Voyage Etd Eta L.A. Eta N.Y. FRATA USA V9lOl 19/5 10/6 23/6 FRATA USA V 9102 17/5 7/6
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      Page 41 Advertisements Column 1
      757 41 ■MM m m S fll Mil Vfkws COMPANIA PERUANA \fc®2L OE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E Msia KARABIEVERETT K3O/15 May 18/20 May JOHNEVERETT 28/30 May 01/03
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      Page 41 Advertisements Column 2
      523 41 vsi IvOyTs PORE jMAINLINtR IIAX IkST~ SAV NYC HEX ZIM YOKOHAMA ISC 15,5 ZIM KEELUNC 10,6 19* 22,* 24* 2W LEEWARD 8E 15/5 ZIM AMERICA 16 6 25* 216 27 ZIM ELAT ME M/ 5 ZIM HONGKONG 22* 1/7 4/2 W ZIM SYDNEY 124E JO/5 2IM IBERIA 27* 6/7 9(7
      523 words
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      Page 41 Advertisements Column 3
      679 41 LINER SHIPPING PTE LTD 10, Anson Road, *17-06 International Plaza, Singapore 020? Tel: *****33 (10 lines) \J Telex RS ***** LSSHIP Fax: *****13 lI.HJJFJM I FAR EAST HONG KONG 16/5 20/5 18/5 25/5 KEELUNG 16/5 19/5 185 "5 KAOHSIUNG 19/5 26/5 P. KELANG 18/5 16 BUSAN 16/5 20/5 TOKYO 26/5
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      Page 41 Advertisements Column 4
      601 41 rw PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MEI.ITA 01/91 14/06 17/05 PRASETIA 169 A 16/05 19/05 JATIDIRI 932 18/06 PI/05 TANTO UTAMA 163 16'05 19/05 TANTO UIAMA 165 24/05 27/05 General Agents ASIA PERINTIS LINES PTE LTD 15 Enggor
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      Page 41 Advertisements Column 5
      445 41 SIN fAW EAST 19/5 KEELUNG/KAOHSIUNG 19/5 BANGKOK 17/5 MANILA/CEBU 18/5 JAKARTA'BELAWAN/SURABAYA 18/5 PORT KELANG/PENANG/E. Malaysia 18/5 BUSAN 16/5 TOKYO/YOKO/KOBE/NGO/OSA 23/5 HONG KONG SIN CHINA 23/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG Tl AN JIN/QINGDAO/HAIKOU also accepting LCL cargo UN EUROPE/UK 20/5 LDN/FLX/LVP/SOU 20/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA
      445 words
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      Page 42 Advertisements Column 1
      663 42 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 1702 13 MAY 16 MAY TAKARI IV 4086 17 MAY 19 MAY TAKARI I 1704 20 MAY 22 MAY TAKARI IV 4088 24 MAY 26
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      Page 42 Advertisements Column 2
      232 42 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN. SHARJAH. DOHA. MUSCAT, BAHRAIN. ABU DHABI. BANDAR ABBAS. JEDDAH FAR EAST ACCEPTING FCULCL PENANG P KELANG, JAKARTA. BANGKOK, HONG KONG, TAIWAN, JAPAN. MANILA, KOREA UK/EUROPE ACCEPTING FCULCL LONDON FELIXSTOWE, LEEDS, TILBURY, ABERDEEN. LE HARVE, HAMBURG, ROTTERDAM. ANTWEP, GOTHENBURG. COPENHAGEN ALL
      232 words
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      Page 42 Advertisements Column 3
      690 42 /£g*SETH SHIPPING CORP. SDN BHD [JmPT KLAM TEL 03 *****06 |6 Hm<| FAX 3670(11 jffV PENANG TEL 04 (***** SKA* TEL 0M*****2 \j/ SHU TEL 0(4-*****2 TAWAU TEL 089 776(79 KK TEL 088 *****0 KUCH TEL 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE FEEDER VOY PEN PKL SIN LA/LBI KST
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      Page 42 Advertisements Column 4
      558 42 CUJ! conwnv inTEßmonnL v i Y LCL/FCL SERVICE FROM i H [jll CUJ I oparatM over 600 terminals/offioet in US.A. I I I m CUJ! maintain* over 35,000 tractors A trucks. V II Ufll\ M CUJI Mrvaa over 60,000 points in US.A. I— I flpHi W CUJI offer reliable LCi/FCL
      558 words
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      Page 42 Advertisements Column 5
      444 42 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 36N8 11/5 CAPITAINE DAMPIER 6NB 18/5 BANGKOK 12:5 16:5 BUSAN 14/S 23/5 HONGKONG 14'5 23/5 DURBAN PT LOUIS 16/5 3/6 KEELUNG 12/5 19/5 U.S.A. 13/5 20/5 PT KELANG 17,5 24,5 KOBE 13/5 20/5 PIRAEUS 16/5 27;5 OSAKA 14 5 21/5 JAKARTA 13/5 17,5 SURABAYA
      444 words
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      Page 43 Advertisements Column 1
      645 43 MORE FREQUENT FLIGHTS WORLDWIDE [NEW ZEALAHD/FUI VESSEL Jkt PK| 'fH 'Itt Sta Stayi «Kkl»ri Fl|((A| N P)f«Mlt{A| Ttowi LyttaflMlH SNtoltfl) >!«*• WrilliftHfC) T»r»|i N Rochester 9111 18/5 20/5 21/5 21/5 22/5 25/5 7/6 19/6 9/6 10/6 11/6 11/6 12/6 12/6 14/6 N Rouen/9112 27/5 31/5 27/5 27/5 29/5 3/6 17/6
      645 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      306 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 *****100 1200 *****400 1500 1600 *****100 1900 2000 2100 2200 2300 JR 2.4 1.9 1.3 08 0.6 05 06 09 1.5 2.1 25 2.6 2.5 2.1 1.5 U 09 08 0.9
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      Page 44 Advertisements Column 1
      750 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKE JHR SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL WAN HAI 203 013 11/05 12/05 15/05 LALANDIA ,40E 10/06 13/06 16/06 HABOUR BRIDGE 48E
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      Page 44 Advertisements Column 2
      439 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) I^T^X^r.«—.«—• IH^^l SPORE STON HBUPG B HAVEN R OAM UM n otttrtam to*Antwtrp, AimU'OJm Otto. Holt ink i SS/IIS lis V* 'J* M* fcSSS" to' l oTSwlliMtwit. Mint »nd OuWm BSSSW 1 gg SSB Si MEDITERRANEAN (MED CLUB)* JEDDAH S ngioo'c PirMu*
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