The Business Times, 27 May 1991

Microfilm: NL17495
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Monday, May 27, 1991 75*
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  • NEWS SUMMARY
    • Article
      West Indian dam project should be stopped: activists
      55 1 TOKYO Activists from Japan, India, Europe and the United States attending an international symposium yesterday called for a halt to a massive dam project on the Narmada river in western India. The series of dams is funded by loans from the World
      55 words
    • Article
      Tokyo to give US$500 m Gulf aid
      52 1 TOKYO Japan plans to provide US$5OO million (SSBBS million) to help cope with post-Gulf War problems the amount the United States contends it still owes from a previous pledge. Kyodo News Service reported yesterday. The aid will be for Kurdish refugees and environmental
      52 words
    • Article
      Here come the Finns
      20 1 FINLAND-BASED Jaakko Poyry will set up its South-east Asian headquarters in Singapore this September. Page 2
      20 words
    • Article
      Lotus offers discounts
      36 1 STUNG BY the aggressive cut-price marketing of rivals, computer software maker Lotus Development Corp has joined the battle with an unprecedented promotional discount on the latest version of its 1-2-3 spreadsheet. Page 2
      36 words
    • Article
      Role of the land
      30 1 AGRICULTURE will continue to play an important role in Indonesia's development for the next 25 years in spite of its declining contribution to GDP Page 7
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    • Article
      EC breakthrough
      20 1 EUROPEAN COMMUNITY agriculture ministers have made a landmark decision to cap spending on costly farm subsidies Page 8
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    • Article
      Fastest 1,500m
      29 1 OFTEN-INJURED Mary Slaney made an impressive return to international athletics by clocking four minutes 4.92 seconds for the fastest women's 1,500 m of the year. Page 13
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    • Article
      Not-so-hot things
      24 1 COMPOSER Gian Carlo Menotti, who celebrates his 80th birthday on July 7, lists a few of his least favourite things Page 15
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    • Article
      Ire over rises
      26 1 RECENT freight rate increases by the Asia North America Eastbound Rate Agreement has raised the ire of Singapore shippers Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Going to China
      27 1 AS CHINA gains pace in its industrialisation programme, Singapore companies are moving in to widen their business ties and secure new markets. Page 3
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    • Article
      Recruitment drive
      27 1 TAN CHONG Motor Assemblies Sdn Bhd has started recruiting new workers after most of the workers sacked recently refused to apply for reemployment Page 3
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    • Article
      The ACU route
      27 1 INDONESIAN borrowers tapping the Asian Currency Unit market here have been paying more for loans to fund their operations in recent months. Page 6
      27 words
    • Article
      It takes time
      31 1 BRAZIL is moving towards a more open foreign exchange market but achieving a completely free floating exchange rate will take time, a central bank official says Page 21
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    • Article
      Iran raising oil output
      31 1 IRANIAN Oil Minister Gholamreza Aqazadeh said his country would raise its oil output from 3.5 million barrels per day to five million barrels by 1993 Page 22
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    • Article
      The franchise way
      26 1 WHAT HAPPENS when you have outgrown your home territory and want to expand overseas but lack the resources to do so? Page 12
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    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 744.24 +2.66 Kuala Lumpur ....625.81 +14.24 Tokyo 25,529.14 -114.51 Hongkong 3,703.98 -74.81 Sydney 1.535.3 +2.2 Friday Change New York 2,913.91 +13.87 London 2.471.1 -11.7
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    • Article
      COMMODITIES
      22 1 Exchange rates USS SS 1.7675 100 Yen SS 1.2813 MS SS 0.6411 Money market rates Overnight 5 -3/8 3-month 5-5/16% -1/16
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    • Article
      CURRENCIES
      38 1 London Gold AM fix USSS355.50 USSS0.55 Rubber S'pore June l45.50*/kg -0.25 M'sia June 226.00*/kg +0.50 KL Tin Turnover 35 tonnes -23 Spot MS 15.34/kg +0.08 Crude palm oil Turnover 739 lots -243 June MS 771 /tonne unch
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  • Article, Illustration
    Lock icon S'pore business climate among the best: survey
    519 1  -  But some nagging doubts mar excellent findings By Kenneth James DATA from a world survey of business leaders shows Singapore's business conditions to be the best among Asia's more dynamic economies, but also raises questions about local constraints, attitudes, and short-term prospects. The
    Source: Business Contdence Survey  -  519 words
  • Article
    Competitiveness balance sheets to show how various countries fare
    184 1 THE 11th World Competitiveness Report (WCR), scheduled for release in the second half of June, will introduce country competitiveness balance sheets. This evaluates the "assets" and "liabilities" of each country in world competition, in terms of attractiveness to investment, aggressiveness of
    184 words
  • Article
    EC investing more than US and Japan in S'pore
    410 1  -  Its investors committed $196 m in first quarter By Anna Teo INVESTMENT commitments from the European Community exceeded those from the United States and from Japan in the first quarter of the year. EC investors committed $195.8 million, or one-third of
    410 words
  • Article
    Accountants get guidelines on acceptable publicity
    526 1  -  By Anna Teo THE Institute of Certified Public Accountants of Singapore (ICPAS), which bans members from advertising, has set out guidelines on what is deemed to be acceptable publicity. This includes instances where the accountant may contrary to current rules disclose not only his
    526 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      213 1 Protect Your Eyes. w Built-in IC Inverter prevents light flickering. National Inurttr "Lit Kw" Tabfc-1 amps S arv \pnialt «lr%igiwfl fur: AliA ,jK Architects. IX'MgiKTN (Hike xJ |M hactiHY Kc.nlint Stuii\ ing WW y \H"IKOM>K<MH«TSPIK I lit AKo Av.ul.ihfc VMIHWM'.VI OKOMunl Koud #m Aircraft Schedule 27 Money Market 25 Work)
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    • Advertisement
      Page 1 Advertisements Column 2
      28 1 BT on Vesak Day HERE WILL BE publication of Business Times tomorrow even though.it is the \esak Day holiday. The paper will be available at the usual outlets.
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    • Advertisement
      Page 1 Advertisements Column 3
      216 1 C. T. HOO Singapore #01-22 Tanglin Shopping Centre. Singapore 1024 Tel: *****47, *****43. j Banking. Finance Insurance '91 WILL THE NEW European order mean disorder for Asia-Pacific growth projections? Will funds due to flow into Asia be diverted West? And what might the impact be on Asia's banking industry An
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Chok Tong to launch new-style walkabouts
        85 2 PRIME MINISTER Goh Chok Tong will launch next month a new series of fortnightly constituency walkabouts designed to enable him to meet, and hear the views of, as many people as possible. Starting with the Ang Mo Kio and Thomson constituencies on June 2,
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      • Article
        Inflation likely to be 3.4pc
        94 2 1 EWER rises in public service costs this year should help keep inflation in Singapore low. Deputy Prime Minister Lee Hsien Loong has said. The government expects inflation to icmain at about last year's 3.4 per cent. But it could rise to 4 nor cent,
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      • Article
        Dates of meetings confirmed
        61 2 THE Ministry of Foreign Affairs has said that the 9th AseanEC Ministerial Meeting (AEMM) and the 2nd Asean-EC Economic Ministers Meeting (AEEMM) will be held in Luxembourg from May 30-31 and on June 1, respectively. Issues lo be discussed at these meetings include the Single European
        61 words
      • Article
        Upgrading kindergartens
        50 2 1 HE government wants the private sector to play a bigger role in education, especially pre-school education. For a start, it lias approved a grant of $4.2 million to help the Peoples \ction Party Community Fund upgrade 20 of its kindergaricns. said Education Minister Dr Tony Tan yesterday.
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      • Article
        Indon minister in town
        38 2 1 HE visiting Indonesian Minister for Education and Culture, Professor Fuad Hassan, will call on the Acting Minister for 'nformation and the Arts. Brigadier-General George Yeo, 'oday at the minister's office in PSA Building.
        38 words
      • Article
        A bigger Chua Chu Kang
        51 2 I HE Housing Development Board plans to expand Chua Chu Kang new town by doubling the number of flats to JlO.OOO in three years' time. This was disclosed yesterday by Minister of State for National Development Peter Sung when lie visited the constituency on a
        51 words
    • Article, Illustration
      Finnish forestry group to use Singapore as regional HQ
      393 2  -  From Quak Hiang Whai in HELSINKI FINLAND-BASED Jaakko Poyry, the world's largest independent consulting engineering group serving the forest-based industry, will set up its South-east Asian headquarters in Singapore this September. Jean-Paul Balac, vice-pres-ident in charge of paper and pulp project
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    • Article
      The gloves come off with Lotus upgrade
      351 2  -  By Kenneth James STUNG by the aggressive cut-price marketing of rivals, computer software maker Lotus Development Corp has joined the battle with an unprecedented promotional discount almost twothirds off for Singapore users on the latest version of its 1-2-3 spreadsheet. Release 2.3 of
      351 words
    • Article
      Sibex show ends on note of optimism
      212 2 THE four-day South East Asian International Building Exposition 1991 (Sibex) ended on Saturday with participants taking in an estimated 5544.8 million worth of new orders. During the show, $2.2 million worth of orders were confirmed, a further $18.5 million are expected for the
      212 words
    • Article
      Pneumatic parts maker sets up regional base here
      261 2  -  By Jean Wee A UK-BASED pneumatic component manufacturer has made Singapore its regional headquarters in the Far East. The IMI Fluid Power Group, manufacturer of pneumatic products for industrial automation, has set up IMI Norgren Martonair Pacific here to manage and develop
      261 words
    • Article
      URA chief outlines sale of site programmes
      312 2 THROUGH the Sale of Sites programme, the Urban Redevelopment Authority (URA) has been able to implement its redevelopment plans for Singapore. How the sales were organised was outlined earlier this month by Khoo Teng Chye, deputy chief executive officer of the URA, at
      312 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      448 2 Dream of a golf-pro comes true... THE WORLD'S ORIGINAL AND ONLY FORGED FACE METAL WOODS GOLFGEAR 2nd generation patented Forged Face" Metal Woods k make all other metal woods obsolete. L» In a first from GOLFGEAR, "Tungsten Plasma Penetration" used to harden O o© jet engine blades, makes the Forged
      448 words
    • Advertisement
      Page 2 Advertisements Column 2
      39 2 Pickfbtdo INTERNATIONAL NETWORK PcWorth is a sister company of Allied Van Lines, North America's leading movers. When you move PcWords-to-Alied, members of the same corporate team look after your possessons at both ends of the move. Call us today«SPEEDLINE47SSSS7
      39 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      S'pore companies widen business links in China
      400 3  -  USE teams up with Chinese parties and local firm By Lilian Ang AS CFIINA gains pace in its industrialisation programme, Singapore companies are moving in to widen their business ties and secure new markets. The latest to do so is trading company United
      400 words
    • Article
      Lock icon Mega First increases stake in Palmco
      121 3 Bernama KUALA LUMPUR Mega First Corporation has increased its stake in Palmco Bhd following purchases of additional Palmco shares on the open market betwen May 17 and last Friday. Mega First and a subsidiary, Mamut Copper Mining, acquired an additional 5,380.000 shares in Palmco
      Bernama  -  121 words
    • Article, Illustration
      Cash-rich S'pore Bus needs new destinations
      997 3  -  THE HOCK LOCK SIEW COLUMN By Mano Sabnani SINGAPORE Bus Services is now a blue chip listed on the Stock Exchange of Singapore, having come a long way since it was formed through an amalgamation of several small private companies plying various bus routes
      997 words
    • Article, Illustration
      Lock icon Tan Chong forced to recruit staff after wildcat strike
      217 3 Bernama KUALA LUMPUR Ta Chong Motor Assemblie (TCMA) Sdn Bhd has starte recruiting new workers arte most of the workers sacke recently refused to apply fo re-employment. Human Resources Minis ter Datuk Lim Ah Lek, wht had mediated in the dispute
      Bernama  -  217 words
    • Article
      Lock icon United Plantations sees good profits
      255 3 Bernama KUALA LUMPUR United Plantations Bhd, which reported an operating profit of M 59.263 million (555.9 million) for the year ended Dec 31, 1990, is unlikely to record a lower profit this year, said chairman Tan Sri Basir Ismail in the company's 1990 annual report.
      Bernama  -  255 words
    • COMPANY BRIEFS
      • Article
        Federal Flour's bonus, rights issues approved
        88 3 KUALA LUMPUR Federal Flour Mills has received approval for its proposed two-for-six bonus issue of 39,666,667 new shares of Msl.oo each and its one-for-six rights issue of 19,833,333 new shares of $1.00 each at an issue price of $3.30 per share. The Malaysian International
        88 words
      • Article
        U Prime to take over business
        80 3 KUALA LUMPUR Inter-Pacific Industrial Group and Berjaya Corporation (Malaysia) have jointly announced that Berjaya's 70 per cent subsidiary, United Prime Insurance (M) Sdn Bhd, has agreed to take over the general insurance business of Prudential Assurance, a 65 per cent subsidiary of Inter-Pacific at
        80 words
      • Article
        No effect on Sports Toto shares
        104 3 KUALA LUMPUR Sports Toto Holdings said its proposed disposal of the entire issued and paid-up capital of Cermat Teguh is not expected to have any immediate material effect on the earnings per share of the group. Replying last Friday to a query by the
        104 words
      • Article
        Binaan shares to be listed soon
        105 3 KUALA LUMPUR Binaan Setegap's entire issued and paid-up share capital comprising 18 million ordinary shares of MS 1.00 each will be admitted to the official list of the KLSE and listed effective on May 30. The KLSE said in a circular that 11.1 million
        105 words
      • Article
        Lion's exec share options
        38 3 KUALA LUMPUR Lion Corporation's additional 3,000 new ordinary shares of MS 1.00 each issued under its executive share option scheme will be listed and quoted with effect from May 30, 1991, announced the KLSE.
        38 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      235 3 It's ANA Hotel Singapore for me from now on. A W ANA HOTEL SINGAPORE 1.. Hill 5,,,, 11IV'. I t«-1l I Kill •,I Kr.fH .itlolt-. «HM !U" I i« U"t< .1 t v M, M.S-. \N \IIMN KS VISI,. 1.1 -.V IV J J L 1 Interestßonus Month continues as
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Banks reschedule A$1.3b of Foster's debt
        74 4 MELBOURNE Foster's Brewing Group said its banks have rescheduled Asl.3 billion (Ssl.7 billion) of short-term debt after several months of talks. A company spokesman last Friday said the maturity of the facilities had been extended to about 18 months. "The company is now stabilised
        74 words
      • Article
        Ayala Land to offer more shares
        97 4 MANILA Manila's two stock exchanges have accepted Ayala Land Inc's proposal to raise their allocation from the company's public offer, due for launch today, to 29 million shares from an original 20 million, the company said. The bourses' additional shares will come from the
        97 words
      • Article
        CRA won't extend offer
        106 4 MELBOURNE CRA said its offer for coal miner Coal and Allied Industries, due to expire at the close of trade last Friday, will not be extended. CRA said it now holds more than 34 per cent of the voting shares in Coal and Allied through its
        106 words
    • Article
      Shinawatra accepts shorter monopoly for satellite project
      317 4 BANGKOK Shinawatra Computer Co, the flagship of a fast-growing telecommunications and broadcasting concern, has accepted the government's decision on a shorter monopoly for its commercial satellite project. The Nation reported. It will shortly sign a memorandum of understanding with Hughes Aircraft Co of
      317 words
    • Article
      Charoen group floats profit-sharing plan
      419 4 BANGKOK The Charoen Pokphand Group last week floated a new plan to share "excessive profits" on the three-million-line phone operation with the government, in addition to basic "royalty" payments, the Bangkok Post reported. The so-called "post operation profit-sharing" scheme was revealed by C P Telecom
      419 words
    • Article
      Lock icon Japanese firms keen on Soviet-Viet oil venture
      244 4 Reuter HO CHI MINH CITY Ten foreign companies, including four from Japan, want to cooperate with a So-viet-Vietnamese joint oil production venture, according to a Vietnamese state oil company official. Japan's Mitsubishi, Mitsui, Marubeni and Sumitomo were among 10 companies that had proposed
      Reuter  -  244 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      175 4 SIEMENS Training—to upgrade your skills in industrial automation Applying the right type of advanced automation equipment to industrial manufacturing processes will result many production product quality, less down-time through immediate productivity, efficiency and Vi h n js» As one the R users w! automation systems, we at Siemens B 7*l^
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      Page 4 Advertisements Column 2
      369 4 BUSINESS TIMES TELEPHONE: 730-3771/5772/3773 PAX: 734-49«2 LOST SHARE/WARRANT CERTIFICATES The following Share/Warrant certificates/*together with the relevant signed transfer deeds have been reported lost or destroyed: AMCOL HOLDINGS LIMITED No. of Shares/ Certificate No. In the name of Warrants *****09 The Estate of 1*5.500 Wee Toon Fong. Deceased HONG FOK CORPORATION
      369 words
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      Page 4 Advertisements Column 3
      196 4 IN THE MATTEH o*TJIAT NAM REALTY PRIVATE LIMITED (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. (Chapter 50) thai the Final Meeting of the Members of the abovenamed Company will be held at 101 -A Upper Cross Street.
      196 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon ICI says it's ready to fight takeover bid by Hanson
      328 5 Reuter LONDON Imperial Chemical Industries pic said it is ready to fight any unwanted takeover bid by UKbased conglomerate Hanson pic. ICI chairman Sir Denys Henderson said in a letter sent to company executives recently that ICI had rapidly updated
      Reuter  -  328 words
    • Article
      Lock icon Sabic's first quarter profit up 34pc
      155 5 Reuter MANAMA, Bahrain Saudi Arabian Industries Corp (Sabic) said its net profit for the first quarter of 1991 rose 33.7 per cent to 695.88 million riyals (***** million) from 520.5 million riyals a year earlier. Total output rose to 2.45 million tonnes from 2.41
      Reuter  -  155 words
    • Article
      Lock icon Japan's five steel giants turn in mixed results
      389 5 AFP TOKYO Japan's five biggest steelmakers announced mixed results last Friday, with three suffering sharp profit declines in the year to March. The three Nippon Steel Corp, Kawasaki Steel Corp and Sumitomo Metal Industries Ltd also suffered from lower exports and forecast
      AFP  -  389 words
    • Article
      Lock icon Japan rail shares listing still not final
      159 5 Reuter TOKYO Sluggish stock markets may make it difficult to list the shares of three firms created from the stateowned Japan National Railways, Transport Minister Kanezo Muraoka was quoted as saying. But the government has not abandoned plans to list the shares in
      Reuter  -  159 words
    • COMPANY BRIEFS
      • Article
        Yaohan to open first store in China in July
        112 5 HONGKONG Yaohan International Co Ltd is to open its first department store in China in July under a joint venture formed with a Chinese counterpart, a group spokesman said here on Friday. The store will be at Sha Tou Kok in
        112 words
      • Article
        Fail in Thorn EMI profits seen
        71 5 LONDON Thorn EMI pic is expected to announce a substantial fall in pre-tax profits when it publishes its 1990/91 results on May 30, analysts said. They forecast pre-tax profits of £255 to £260 million in the year to March 31, compared with £317.5 million
        71 words
      • Article
        Ajinomoto's profit drops 13.1pc
        81 5 TOKYO Japan's biggest food processor Ajinomoto Co said on Friday its net consolidated profit draped 13.1 per cent from a year earlier to 12.2 billion yen (Ssls4 million) in the year to March. The company, a world leader in amino acid technology and a major producer
        81 words
      • Article
        Unisys to cut stake in Japan
        79 5 BLUE BELL, Pennsylvania Unisys Corp said it plans to gradually reduce its 33.34 per cent stake in Nihon Unisys Ltd by selling up to 2.2 million of its 36.6 million shares on the Tokyo Stock Exchange. It said a similar action was announced by
        79 words
    • Article
      Lock icon Administrator tries to make sense of Polly Peck data
      389 5 Reuter LONDON Christopher Morris, a court appointed administrator investigating claims against the chairman and directors of Polly Peck International pic, says he is trying to reconcile discrepancies in the report and account of the troubled British conglomerate. Mr Morris of accountants
      Reuter  -  389 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      63 5 THE PLACES. THE FACES. When you ran an international business, you need a cargo carrier whose network literally spans the globe. Andyouneedacarrie.^hosepeoplecanbere^ H E J H I ♦> i WE'VE GOT WHAT IT TAKES. Across 64 cities in 37 countries, we've SinGAPORE rARfJO VBL got what it takes to ensure
      63 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Tokyo may cut discount rate next month
        99 6 TOKYO Japan is likely to cut the discount rate in June for the first time since February 1987, the mass-circulation daily newspaper Mainichi Shimbun said yesterday. The daily newspaper said the government and the Bank of Japan (BOJ) have begun examining a cut
        99 words
      • Article
        Ailing cooperative's rescue plan
        80 6 TOKYO Financially troubled Osaka Fumin Credit Cooperative unveiled its restructuring plan, supported by Fuji Bank Ltd, under which it will shift bad loans worth 95 billion yen (S$ 1.2 billion) to a newly established company. An Osaka Fumin official said Fuji Bank would shift most of
        80 words
      • Article
        Xiamen to open stock exchange
        115 6 HONGKONG China's south-eastern coastal city of Xiamen plans to open its own stock exchange by the end of this year, the Beijing-funded China News Service (CNS) said. Xiamen Mayor Zou Eijun said seven or eight Chinese companies hope to list on the exchange and are
        115 words
      • Article
        US's smallest exchange closes
        50 6 Spokane, WASHINGTON The Spokane Stock Exchange, which has traded mining issues since 1897 and has long been America's tiniest formal equities market, quietly closed its doors for good on Friday. Low silver prices and the US recession finally forced the struggling six-member exchange out of business.
        50 words
      • Article
        Documents handed over
        55 6 PERTH David Parker, the former deputy premier and treasurer of Western Australia, has failed in a bid to prevent a royal commission here gaining access to documents dealing with his finances. The commission on Friday took charge of three documents relating to a settlement between Mr Parker
        55 words
      • Article
        Stanchart reduces debt exposure
        88 6 Harare, ZIMBABWE Standard Chartered pic has reduced its large-scale corporate debt exposure by half since early 1990, its chairman Rodney Galpin said. "In the first quarter of 1990, we looked at large exposures of more than £15 million across the whole business and produced a list
        88 words
    • Article
      Indonesians paying more for their ACU loans
      810 6  -  By Diana Oon SINGAPORE Indonesian borrowers tapping the Asian Currency Unit market here have been paying more for loans to fund their operations in recent months. Increasing demand and limited supply of available funds are steadily pushing up the cost of borrowing everywhere.
      810 words
    • Article, Illustration
      Lock icon Hanoi approves US$30m Vietnam Fund
      258 6 Reuter HO CHI MINH CITY Hanoi has approved the first country fund dedicated to Vietnam, the fund's underwriter said yesterday. Richard Margolis, managing director of corporate finance at Smith New Court Far East Ltd in Hongkong, said Hanoi's state committee for cooperation and investment approved
      Reuter  -  258 words
    • Article
      Lock icon Tokyo to break down hanking, securities walls
      382 6 Reuter TOKYO An advisory council to Japan's Ministry of Finance (MOF) unveiled a final proposal aimed at revitalising the domestic capital market and removing barriers between banks and securities firms. The Securities and Exchange Council will officially propose that the MOF let banks
      Reuter  -  382 words
    • Article, Illustration
      Lock icon Bank Duta case man faces 18 years' jail if found guilty
      290 6 Reuter JAKARTA Prosecutors demanded 18 years in jail for a banker charged with huge losses at a bank closely connected to President Suharto, local newspapers reported yesterday. Dicky Iskandar Di Nata, 39, is the only defendant in the five-month
      Reuter  -  290 words
    • Article
      Lock icon Fall in net earnings at Japanese trust banks
      302 6 Reuter TOKYO Japan's five big- < gest trust banks said on Friday their net earnings plunged in the year to March due to higher interest rates J and a decline in income from stock market transactions. Three of the banks r) Mitsubishi
      Reuter  -  302 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      52 6 WE ARE PLEASED TO ANNOUNCE THE OFFICIAL OPENING OF MBL MERCHANT BANK (SINGAPORE) LIMITED Engaging in general merchant banking activities such as underwriting and placement of debt securities, structured finance, financial advisory service etc. address 20 Collyer Quay #09-02 Tung Centre Singapore 0104 telephone *****25 MANAGING TAI/A A AfAn director
      52 words
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      Page 6 Advertisements Column 2
      67 6 US$ 30,000,000 Negotiable Floating Rate Notes due November 1995. KIA MOTORS CORPORATION In accordance with the provisions of the Notes, notice is hereby given that for the six-month interest period from 28 May. 1991 to 29 November. 1991 the Notes will carry an Interest Rate of 6.3125% per annum. The
      67 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Agriculture to remain vital to Jakarta
      409 7  -  New commodities will get special attention in development plans By David Chew SINGAPORE Agriculture will continue to play an important role in Indonesia's development for the next 25 years despite its declining contribution to GDP, a top government official disclosed recently in Jakarta. H
      409 words
    • Article, Illustration
      Lock icon EC-Asean talks to focus on new trading blocs
      295 7 AFP LUXEMBOURG Concerns about the emergence of new trading blocs will be shared at a high-level meeting of the European Community and the Association of South-east Asian Nations here this week, diplomats said. Asean leaders have said they do not want to
      AFP  -  295 words
    • Article
      Lock icon Taiwan-E European trade jumps 82pc
      214 7 AFP TAIPEI Trade between Taiwan and East European nations amounted to U*****.1 million (***** million) in the first four months of this year, an 82.4 per cent surge over the same period in 1990, the Board of Foreign Trade (Boft) said. Exports to the eight
      AFP  -  214 words
    • Article
      Lock icon Asean states likely to boost economic ties, says Anand
      275 7 AP JAKARTA Members of the Association of South-east Asian Nations are likely to expand their economic cooperation in coming years, Thai interim Prime Minister Anand Panyarachun said. "We have been disappointed with the slow progress made by Asean in economic cooperation,
      AP  -  275 words
    • Article
      Pertamina drilling for wells in Kamojang
      316 7 BANDUNG, West Java State-owned Pertamina is drilling for new wells in Kamojang natural forest reservation to enable state-owned PLN electricity company to build the fourth geothermal power plan there with an output capacity of 55 Mega Watts (MW). According to the Jakarta Post, PLN
      316 words
    • NOTE BOOK
      • Article
        S Korea's first quarter GNP growth up 8.9pc
        148 7 SEOUL South Korea's economy grew by 8.9 per cent in the first three months of this year, the Bank of Korea said. The central bank said the nation's gross national product, its total output of goods and services, topped 31.07 trillion won
        148 words
      • Article
        Duty-free facility for generators
        89 7 JAKARTA The duty free facility for imports of diesel power generators with a capacity of up to 375 KVA, previously enjoyed exclusively by manufacturing companies and industrial estates, is now given to all sectors of business to help solve electricity shortage problems in the country, a
        89 words
      • Article
        Taiwan cuts petroleum prices
        80 7 TAIPEI Taiwan has reduced domestic petroleum prices by between 3.8 and 5.7 per cent to reflect slackened crude import costs, Economic Minister Vincent Siew said. The lower-than-expected price reductions, which took effect yesterday, were also meant to protect competitiveness of the island's manufacturers in overseas markets,
        80 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      98 7 We Cover The Region. I Every one of our 11 offices, located in 7 Asian countries, is staffed by a team of property professionals who provide I specialist local knowledge and access to region-wide expertise I onn \Mf\J vH 1 Vt\ I and resources. Contact your local Jones Lang Wootton
      98 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Canadian bankruptcies soared 77pc in April
        94 8 OTTAWA Bankruptcies in Canada soared 77 per cent in April over the same month last year as a slump in consumer spending hit the retail sector. The government reported last Friday that bankruptcies reached 6,671 from 3,765 a year earlier and the number of
        94 words
      • Article
        Options for rebuilding Kuwait
        47 8 KUWAIT Finance Minister Nasser Abdulla al-Rodhan says selling oil "borrowed" from Gulf allies is an option being studied to finance the rebuilding of Kuwait after the Gulf War. The other two options are commercial borrowing and the use of Kuwait's huge overseas investments.
        47 words
      • Article
        UK wary of new EC car laws
        74 8 LONDON Britain fears that its EC partners may deter Japanese companies from building new car factories and is determined that EC laws should not be too strict. Alone among the EC's 12 member nations, Britain is a major beneficiary of Japanese investment and
        74 words
      • Article
        Write-off for Egypt's debt
        54 8 PARIS The Paris Club of creditor nations agreed last Saturday to write off about half of Egypt's debt to Western governments. The nation, which was a leading Arab member in the multinational force in the Gulf War, owes between US$34 billion and US$43 billion (about Ss76
        54 words
    • Article
      Lock icon EC breakthrough as ministers cap farm subsidies
      395 8 Reuter BRUSSELS European Community agriculture ministers have made a landmark decision to cap spending on costly farm subsidies, seeking to reform the EC's creaking farm system. EC Farm Commissioner Ray MacSharry hailed the decision on Friday as a major breakthrough. It emerged from
      Reuter  -  395 words
    • Article, Illustration
      Lock icon Japan to consider partially opening rice market
      235 8 AFP TOKYO With pressure mounting both at home and abroad to open its rice market, Japanese Prime Minister Toshiki Kaifu was to meet ruling party executives yesterday to weigh such a move. Mr Kaifu has already suggested partial liberalisation of rice imports which
      AFP  -  235 words
    • Article
      Lock icon European trade treaty to be signed next month
      165 8 UPI VIENNA EC council president Jacques Santer and vicepresident Henning Christopherson wrapped up four days of European Free Trade Association (Efta) talks last Friday, saying the European Economic Area treaty should be initialled at the end of June, as planned. The final
      UPI  -  165 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1747 8 rSfCH CREDIT CORPORATION (SINGAPORE) LIMITED (Incorporated in Singapore) BALANCE SHEET 31 DECEMBER 1990 Ac#vtlto« 13 Profll Before Taxation Note 1990 1999 2 The principal activities at the Company are to receive deposits and to make loans as a finance company 1599 !3B operating under the Finance Companies Act Cap 106.
      1,747 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      371 9 M B i Extend ¥xir Line ofThinking With Incremental Levels of Power. The NCR System 3000 Family of Scalable Processors. and an extensive set of existing applications, tools and periMicroprocessor technology has reduced the cost of processing pherals. In fact, this system will be among the first to use as
      371 words
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  • ANALYSIS
    • Article, Illustration
      Still full of spirit after five years at the helm
      1698 10  -  Harish Mehta met Philippine President Corazon Aquino at the Malacanang Palace recently for a wide-ranging interview Harish Mehta IF SHE could, Corazon Aquino would like to ride away from politics into the golden Manila Bay sunset in a blaze of
      1,698 words
    • Article
      How Aquino wants to be remembered
      834 10 Mrs Aquino also answered questions posed by correspondents of Fuji TV and Greek TV. Excerpts of her answers by topics follow: On how she wants to be remembered as president of the Philippines by the Philippine people: Aquino: Well, as having been responsible for
      834 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      149 10 I 1 i 1 %iJC ft alt- li i^r 1 '^H —*-^AM*,*^iMW^M>aJM[ MA fe- iijlft *"*w F As Korea's leading JMBr business hotel for over a decade, Hyatt Regency Seoul has learned you're *g not just looking for accomt modation, but a sanctuary. A quiet hour stolen in the health
      149 words
  • Page 10 Miscellaneous
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  • ENTERPRISE & MANAGEMENT 1
    • Article
      Lock icon Bringing the shine back to a tarnished image
      956 11  -  David Lascelles reports on the problems facing Standard Chartered David Lascelles FT Anyone curious about Stand a r d Chartered's origins need only visit the lobby of its City of London headquarters. The walls are covered in old photographs of the bank's
      FT  -  956 words
    • Article
      MEMOPAD
      297 11 Seminars and courses Duration Title Venue Organiser Tel May 29 Recent Hong Kong Hilton Asian-Pacific *****54 Tax Cases International Tax Investment Singapore Research Centre May 30 Art of Strategic Marco Polo Dominion *****25 Management Singapore Conferences Publications Pte Ltd May 30 Effective POD (Pte) Ltd Personnel *****81 June 13
      297 words
    • Article
      Lock icon A bit slow, but they're getting better
      306 11 FT IT IS 3 pm in Petaling Jaya, a sweltering suburb of Kuala Lumpur, and the Standard Chartered branch is closing its doors for the day. It could be any British High Street branch with its rows or tellers serving line of customers.
      FT  -  306 words
    • Article, Illustration
      Lock icon A few inconsistencies mar not the whole
      732 11  -  Christopher Lorenz reviews Theodore Levitt's new book and finds it has a global message Christopher Lorenz FT TO MANY people, Theodore Levitt has for 30 years been a stimulating but incorrigible gadfly. Leaping smartly from issue to issue, this now-grizzled Harvard Business School
      FT  -  732 words
    • Article, Illustration
      Noel's glad tidings
      851 12  -  What happens when you have outgrown your home territory and want to expand overseas out lack the resources to do so? Chuang Peck Ming looks at how one company solved this problem Chuang Peck Ming YOU SELL a popular product and have a comfortable lead in the
      851 words
    • Article
      Lock icon Packing up the family
      568 12  -  Overseas postings today are more of a family affair. Claudia Deutsch reports Claudia Deutsch NYT NOT LONG ago, a "company man" accepted assignments overseas, no questions asked. Pulling the kids out of school, disrupting the wife's career, those were small prices to pay for proving loyal
      NYT  -  568 words
  • Page 11 Advertisements
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      128 11 Management Consultancy Sl# I I I T r Seminars And Training H I I I I Business Assistance I* I L L I tm Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing WE ARE THE ONE YOU ARE LOOKING FOR! SBR-1520 TMP Qum Rosin Citric Acid Zinc Sulphate Paracetamol Barium
      128 words
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      Page 11 Advertisements Column 2
      206 11 t U PUTTING YOU A STEP AHEAD The Growth Triangle Seminar Batam, Johor, Singapore The Growth Triangle looks set to open up a world of opportunities for business as the Governments of Indonesia, Malaysia and Singapore are actively promoting this exciting new economic alliance. How do you get started? Where
      206 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      139 12 Our competitors mm |fl seem to think RSHIIRIP they can explain I op en j§W Open Systems a*" pj advertisement. L We know better These days, almost everyone is r "7 T"1 J "Fbr a free copy of the HP Guide to Open" taking it upon themselves to Systems, attach
      139 words
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  • SPORTS
    • Article, Illustration
      Lock icon Slaney impresses in comeback
      420 13 Reuter SAN JOSE Often-injured Mary Slaney made an impressive return to international athletics by clocking four minutes 4.92 seconds for the fastest women's 1,500 metres of the year at the Bruce Jenner Classic grand prix meeting on Saturday. Leroy Burrell easily won the men's 200 metres
      Reuter  -  420 words
    • Article
      Lock icon Lohr takes one-stroke lead in Colonial
      402 13 AFP FORT WORTH, Texas Bob Lohr, who has scored only one victory in seven years on the United States PGA Tour, shot a seven-un-der-par 63 to take a one-shot lead into yesterday's final round of the Colonial Tournament. Lohr improved to an eleven-under-par 199
      AFP  -  402 words
    • Article
      Lock icon Rain forecast for Indy 500
      498 13 AP INDIANAPOLIS Rain in the forecast for yesterday's Indianapolis 500 prompted chief steward Tom Binford to remind the 33 starters about the procedure for stopping the race. "Because of this rain I think I ought to emphasise red light," Binford told the drivers on Saturday
      AP  -  498 words
    • Article
      Lock icon Ferree maintains lead in Bell Atlantic
      312 13 AP MALVERN, Pennsylvania Jim Ferree was waiting for something incredible to happen at the Bell Atlantic Classic on Saturday. And it happened in the last four holes. Ferree rolled in a pair of incredible long-distance putts for a 69 which maintained his oneshot lead
      AP  -  312 words
    • SIDE LINES
      • Article
        Push-start for Romanian team
        99 13 HULL, England Local businesses and sponsors rallied to help a financially-starved Romanian cycling team enter the Tour of Britain race on Saturday. One firm gave them crash helmets, a legal requirement in road racing, and the local Humberside council, sponsors of the race start, bought them
        99 words
      • Article
        Norm's 'Victory lap'
        77 13 INDIANAPOLIS General Norman Schwarzkopf took his unofficial victory tour of the US to the Indianapolis Motor Speedway on Saturday, driving a few laps on the historic oval and meeting many of the drivers who were to race in yesterday's Indianapolis 500. "This is America and it was
        77 words
      • Article
        Johnson left behind
        73 13 GRANADA, Spain Ben Johnson finished a distant fifth on Saturday in his first 100-metre race since he tested positive for doping at the 1988 Olympics. The Canadian, struggling to recover his form following his two-year ban, finished last but one in a time of 10.54 seconds. American
        73 words
      • Article
        Yugoslavs beat Swiss
        80 13 DUSSELDORF Yugoslavia captured the Blue Group title in World Team Cup by defeating Switzerland 2-1 on Saturday with singles victories by Goran Ivanisevic and Goran Prpic. Yugoslavia was to defend its title yesterday in a championship match against Sweden, winner of the Red Group. Ivanisevic defeated Jakob
        80 words
      • Article
        Richard leads
        83 13 CORNING, New York Deb Richard birdied the final two holes on Saturday to shoot a third-round 69 and take a three-stroke lead going into the final round of the Corning Classic women's golf tournament. Betsy King had a seven-un-der par 65 the lowest round of the tournament so
        83 words
      • Article
        Langer stays close
        109 13 WENTWORTH, England Bernhard Langer of Germany saw his prayers answered as he carded his second successive 67 to catch Australian Wayne Riley in the second round of the PGA Championship on Saturday. Langer, a born-again Christian who admitted he prayed for a good round, almost achieved his
        109 words
  • Page 13 Advertisements
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      101 13 TUSCAN CHAMBERS OF THE GOVERNMENT OF COMMERCE FOREIGN TUSCANY REGION FLORENCE TRADE CENTRE FLORENCE ITALIAN TRADE COMMISSION SINGAPORE ITALIAN TRADE MISSION SINGAPORE MAY 30 AND *****1 The delegation will meet local importers and will seek for agents of the following products: home linen, table cloth, bed linen, bedcovers, towels, bath
      101 words
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      Page 13 Advertisements Column 2
      190 13 IT'S EASY TO SIE THE FUTURE IF YOU KNOW WHERE TO LOOK. if nj r ■-V r:& r '*$>&&>;■('l m It's far from easy to run a business day to day. Tat Lee Bank. You can start by talking to our Time is precious. And too often, it's hard to
      190 words
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      Page 14 Advertisements Column 1
      208 14 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner:6.3op.m. to 10.30 p.m. A MLMBIiR OK COL HOTKLS m>fft •NiNGAfcaa I [avelock Road, Singapore 03J6.Te1:*****11 I
      208 words
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      Page 14 Advertisements Column 2
      367 14 ******************** l PLUM'S Mlllllllllllllllllll CULINARY MYSTIQUE FROM THE BALI SHORES From 25th May 2nd June, 1991 Plum's introduces the exquisite culinary custom!* of the Balinese. Combining the tlavourful regions of Indonesia, Bali's own has distinct character. Join us for this mystical experience. The buffet will lx- available for lunch (except
      367 words
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      Page 14 Advertisements Column 3
      339 14 Seafood Theatre Restaurant Cantonese-Thai Cuisine x MAKE NO BONES t.5: ABOUT IT. OCR XT MENUS ARE VAWE-FO&MONEY. A rare treat indeed! Exotic Cantonese-Thai cuisine served to you at the most affordable prices In a variety of set menus for 2-10 persons For as little as $50++. Tempted? Call Seafood-Theatre Restaurant.
      339 words
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      Page 14 Advertisements Column 4
      307 14 B VIVA ESPANA J The Belvedere brings you the savoury taste of Plan your next function at the Paramount... We'll make it work At Paramount Hotel. we've 2 elegant and spacious function rooms SFXJTAIa rn to cater to your specific oa *UryAR PACK API? needs and celebrations (Minimum 20 persons)
      307 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      845 14 TELEVISION AND RADIO IT T P iSBCIS (Cartoon). Across The Border (Pt 2). BUSINESS ON RADIO %m/|f A C*W7f\Y\ 7.25 Programme Summery. 5.30 Saber Rider and The Star V IJC 3WII If 7.00 AM CNN International (L). 7.30 HtmjM). Sheriffs (Cartoon). BBC, 89.9 mHz in VHF Band II T T
      845 words
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  • THE ARTS
    • Article, Illustration
      Lock icon My least favourite things
      915 15  -  Italian composer Gian Carlo Menotti talks about his dislikes as his 80th birthday is celebrated at the Spoleto Festival in Charleston, South Carolina, with a revival of his opera Maria Golovin Gian Carlo Menotti NYT NO. It has taken me 80 years to learn this golden
      NYT  -  915 words
    • Article, Illustration
      Lock icon A new opera house at Glyndebourne
      203 15 Reuter ONE of the world's most famous opera houses at Glyndebourne, the British theatre with a garden for a foyer, will be rebuilt at a cost of £33 million (Ss99 million), its chairman said earlier this month. Sir George Christie, whose father fulfilled a
      Reuter; Punch  -  203 words
    • Article, Illustration
      Lock icon Tombstone claim by author
      536 15 Carved figures show King Arthur legend true, she says UPI A 1,500-YEAR-C>LD tombstone in Scotland shows the legendary Queen Guinevere, depicted as an angel, and tells the history of King Arthur, proving the story of Camelot is true, an American author claims. Author Norma Goodrich said
      UPI  -  536 words
    • Article
      A sense of weariness
      612 15  -  Singapore Symphony Orchestra By P Y Van 1N A generous gesture, the Singapore Symphony Orchestra gave two concerts last week at the Victoria Concert Hall just before leaving for England and Europe. Last Thursday, the programme featured Bartok's Concerto for Orchestra, Dvorak's Carnival Overture op 92,
      612 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      196 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? «sfeubertia (?>nU MONDAY TO FRIDAY. 12 NOON TO 2.30PM. $31.00 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 carte main course in the
      196 words
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      Page 15 Advertisements Column 2
      141 15 If ICg) <3£XM3 s&ufie/UvX for Birthday Celebrations Offer till 30/6 (Book 24 hr» in advance) j&SI Lobster salad with fresh fruits Venison in hot sizring plate |p: 0 Shark's fin with crab meat Season vegetable with Smoked Sichuan boneless mushroom duck Pu tien fried bee hoon jt Soon-hock in two
      141 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Malaysian counters give market some shine
      5325 16  -  By Lilian Ang MALAYSIAN STOCKS added spice last week to what could otherwise have been another relatively quiet trading spell on the local bourse, a trend which has persisted for several weeks now. The week began on a rather healthy note as investors reacted
      5,325 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3962 17 Main Board NatSteel 1080 80 8.0% Keppel Corpn 805 +65 +8.8% F&N 925 +60 +6.9% SAL-SIAF93 2000 205 +51 +33.1% NatSteel Wt 378 +46 +13.9% DBS Foreign 1300 43 3.4% Keppel CWrts 520 +42 +8.8% Jurong Ship 50* 915 +35 +4.0% SIA Foreign 1920 30
    3,962 words
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  • MARKET REVIEWS
    • Article
      Lock icon Time for the equity investor to head for the beach?
      809 18 Recent trading suggests u listless summer air in the market FT |||P£f|j»YoßK HAS THE TIME come for the American equity investor to take some profits, pack his or her bags, and head for the beach for the summer? The temptation
      FT  -  809 words
    • Article
      Lock icon Nikkei falls for third consecutive week
      364 18 AFP S^frof|oJ| SHARE PRICES on the Tokyo Stock Exchange (TSE) fell for the third week running, with the Nikkei Stock Average closing out on Friday at 25,529.14 yen, down 172.80 yen or 0.67 per cent on the week. The week's decline brought to 572.35
      AFP  -  364 words
    • Article
      Latest interest rate cut fails to stimulate market
      928 18  -  By Ray Heath FISCAL RECTITUDE ruled okay in the UK for about two weeks. Then, in the face of warnings from the suddenly macho governor of the Bank of England, Robin Leigh-Pemberton, that the fires of inflationary hell awaited those who were
      928 words
    • Article
      Market takes a heavy beating
      404 18 H WOK W6 HONGKONG share prices were battered mercilessly as the airport talks failed to reach a resolution and worries over the renewal of the Most Favoured Nation (MFN) status intensified. However, the Hang Seng Index's steep 181 point descent was also due to the
      404 words
    • Article
      ASIAN MARKETS ROUNDUP
      753 18 AUSTRALIAN stock prices nudged up during an uneventful week, brokers said on Friday. The market indicator, the All Ordinaries Index, edged up 5.1 points to 1,536.8. The All Industrials index rose 2.4 points to 2,401.7 and the All Resources increased 6.7 points to 878.0. Daily turnover averaged
      753 words
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      Page 18 Advertisements Column 1
      113 18 NEWS FLASH IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports, Shipping Agents' List, Freight Rates and a guide to port of calls of major shipping lines, among others. In the light of these information,
      113 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bullish sentiment sends stocks surging
      4305 19 MBT BULLS awakened from their slumber and brought some cheer back to the Kuala Lumpur stock market which closed with widespread dou-ble-digit gains last week. This rally ended the prolonged consolidation phase which had stretched for more than two months. The question now on the
      MBT  -  4,305 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      147 19 BANKING, FINANCE INSURANCE 1991 js A Business Times Special Supplement .i 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
      147 words
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  • WORLD STOCK MARKETS
    • Markets quiet in long weekend blues
      • Article
        Untitled
        121 20 May 24 Close Previous NEW YORK Dow Jones 2913.912,900 04 +13.87 NYSE Financial unav 150.57 S&P 500 377.49 374% +2.52 Turnover (million) 124.64 173.08 -48.44 LONDON Financial Times 30 1,932.5 1,945.4 -12.9 FTSE 100 2,471.1 2.482.8 -11.7 Turnover (million) unav 422.2 AMSTERDAM CBS Tendency Index 93.8 94.0 -0.2 FRANKFURT DAX
        121 words
      • Article, Illustration
        NEW YORK
        1187 20 US STOCKS on Friday closed higher in a quiet pre-Memorial Day session marked mainly by the early departure of traders for the long holiday weekend. The market is closed today. The Dow Jones Industrial Average, which lost 10.29 on Thursday, added 13.87 to close at 2913.91. The New
        1,187 words
      • Article
        JOHANNESBURG
        360 20 THE JOHANNESBURG closed the weekend session at modestly lower levels as investors continued to unwind followii.g the strong upswing earlier last week, dealers said. Activity was further subdued by the absence of fresh factors and approaching long weekends in the UK and US. The JSE All-Gold Index ended the
        360 words
      • Article, Illustration
        LONDON
        913 20 LONDON SHARES closed lower on Friday in moderate trading, after a week of patient waiting for an interest rate cut, which disappointed the market when finally it arrived. The blue-chip Financial Times Stock Exchange 100-share index ended at 2,471.1 points, down 11.7 on the session but up 17.2 points
        913 words
      • Article
        BRUSSELS
        176 20 BELGIAN SHARES were down at the close on Friday but off the day's lows as oil company Petrofina recovered some ground. Petrofina, the market's bellwether stock, ended down 175 francs at 1 1,725 francs after falling to 11,625 francs on profit-taking after moving exdividend on Thursday, dealers said. The
        176 words
      • Article
        TORONTO
        226 20 BARGAIN HUNTERS pushed Toronto stocks higher as the market wound Hown a slow week before Monday's market holiday in the US and Britain, dealers said. The market often closes higher ahead of long weekends as traders square positions, they added. The Composite Index rose 9.67 to 3,456.06, with transactions
        226 words
      • Article
        STOCKHOLM
        130 20 PRICES on the Stockholm bourse closed sharply higher in busy trade on Friday, boosted by strong foreign interest and falling domestic credit yields, dealers said. The bourse general index rose 1.05 per cent to 1,077.41 in turnover of 505 million crowns. Blue chips gained 1.32 per cent. "There was
        130 words
      • Article
        MILAN
        217 20 ITALIAN SHARES closed higher on Friday, with continued foreign buying contributing to widespread gains throughout the market. Brokers said Generali, and merchant bank Mediobanca, its major shareholder, were among the better performing stocks of the session. "It seems almost like the market's answer to criticism of Generali's capital increase
        217 words
      • Article
        PARIS
        169 20 FRENCH SHARES ended lower on Friday in anaemic trade as a weak French bond market and concerns about the new government of Prime Minister Edith Cresson kept buyers out of the market, traders said. The CAC-40 Index fell 8.88 points, or 0.49 per cent, to 1.804.83 in lethar- gic
        169 words
      • Article
        ZURICH
        304 20 SWISS SHARES finished slightly lower after inflation fears prompted late prof-it-taking and wiped out midsession gains, traders said. Late afternoon, the Statistical Office of Basle said its consumer price index showed a year-on-year gain of 6.7 per cent in May, up from 6.4 per cent in April. The Basle
        304 words
      • Article
        FRANKFURT
        214 20 GERMANY'S 30-share DAX index hit a new 1991 high on Friday for the third day running, rounding off a week of foreign buying which has boosted the index a total of 4.7 per cent and left the market poised for further gains. "In recent weeks everyone has simply been
        214 words
      • Article
        AMSTERDAM
        258 20 THE DUTCH share market limped to a slightly lower close, its energy sapped by the prospect of a long holiday weekend in the US and Britain, dealers said. The CBS Tendency Index closed at 93.8 0.2 points below Thursday's close after hovering in a tight range of 93.5 to
        258 words
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      Page 20 Advertisements Column 1
      42 20 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian. Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839. 740-1840. Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      42 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon HK dollar rises on surprise news of higher interest rates
      404 21 NEW YORK Reuter NEW YORK The dollar was higher against the yen and sterling on Friday and little ehanged elsewhere in dull trading ahead of a three-day weekend. The mark was stronger against both the yen and sterling in eross
      Reuter  -  404 words
    • Article
      Lock icon Indonesian rupiah closes week at record low to US$
      673 21 ASIAN CURRENCIES AFP HONGKONG Asian currencies finished the week mixed against the US dollar with only the Singapore dollar remaining unchanged. The Australian dollar, the New Zealand dollar, the Thai baht, the Indonesia rupiah, the South Korean won and the yen
      AFP  -  673 words
    • Article
      INTERBANK FOREX RATES
      394 21 Cross rates May 25 ■*——r— USS S$ MS Dm Yen SFr AS N/S USS 1.7680 2.7550 1.7035 138.25 0.5760 1.4510 1.3161 1.7167 SS 0.5656 1.5583 0.9635 0.7820 0.3258 0.8207 0 7444 0.9710 MS 0.3630 64.17 0.6183 ***** 0.2091 0.5267 0.4777 0.6231 Dm 0.5870 1.0379 1.6173 81.16 0.3381
      394 words
    • Article
      MONEY MARKET
      536 21 Interbank rates S$ Bid Offer Overnight 5 5 1/8 1-month 5 3/16 5 5/16 2-month 5 1/4 5 3/8 3-month 5 5/16 5 7/16 Overnight mode: 5-1/2 US$ High Ijim 7 davs 5 7/8 5 7/8 1 month 5 7/8 5 7/8 2 months 5 15/16 5 15/16
      536 words
    • Article
      Lock icon Brazil heading for a free foreign exchange market
      366 21 Reuter RIO DE JANEIRO Brazil is moving towards a more open foreign exchange market but achieving a completely free floating exchange rate will take time, a Central Bank official said last week. "We are moving towards a free market," said Gilberto de
      Reuter  -  366 words
    • Article, Illustration
      Lock icon Why Poehl did not shock the markets
      309 21 Reuter LONDON Nigel Lawson's resignation as UK Chancellor of the Exchequer sent shock waves through financial markets but they barely flinched when Bundesbank president Karl Otto Poehl said he was leaving. Financial markets like leaders to bow out rather than storm out, says
      Reuter  -  309 words
    • Article
      Lock icon Market sees near-term gold prices entrenched in narrow range
      466 21 GOLD FINANCIAL FUTURES REPORT Source: Sing Bullion and Futures Pte Ltd LAST week spot gold drifted in one of its narrowest weekly ranges so far this year, between Monday's opening and low of U*****.30/354.80 and Wednesday's high of U*****.30/357.80 before closing
      Source: Sing Bullion and Futures Pte Ltd  -  466 words
    • Article
      FINANCIAL FUTURES
      277 21 IMM May 23 DEUTSCHEMARK Open High Low Sett Vol Op/lnt JurTyi 0.5775 0.5838 0.5767 0.5829 26.996 78.931 Sep 91 0.5735 0.5794 0.5728 0 5787 EURODOLLAR Open High Low Sett Vol Op/lnt Jun 91 93.92 93 94 93.91 93.94 112.391 869.932 Sep 91 93.73 93.75 93.70 93.73 JAPANESE YEN
      277 words
    • Article
      PRIME LENDING RATES
      491 21 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8 Arab Bank PLC 7'A ANZ Banking Group 8 Ban Hin Lee Bank 7V« Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7% Bank Bumiputra 8
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  • COMMODITIES
    • Article
      Lock icon Iran to raise oil output to 5m barrels a day by '93
      515 22 Reuter NICOSIA Iranian Oil Minister Gholamreza Aqazadeh said his country would raise its oil output from 3.5 million barrels per day to five million by 1993. Mr Aqazadeh told the Middle East Economic Survey (S/EES) in an interview
      Reuter  -  515 words
    • Article
      Lock icon Inro council endorses African request for study
      272 22 Bernama KUALA LUMPUR A request by African natural rubber producers for a study into why their exports of the commodity are discounted in export markets has been endorsed by the International Natural Rubber Organisation, which held its 23rd council meeting last week. The
      Bernama  -  272 words
    • Article
      Lock icon Coffee recovers partially after falling to 16-year low
      883 22 REPORTS AFP LONDON Coffee prices fell to a 16-year low over the past week in London, depressed by a surplus of robusta supplies and by liquidations by investment funds and trade houses. But after having closed on Thursday at its lowest level
      AFP  -  883 words
  • Article
    PRICES
    1176 22 Rubber RAS (fob in bates) S cents/kg Int I RSS Close May 20 145.50 May 21 145.75 May 22 146.00 Mav 23 145.75 May 24 145.50 MRELB (fob in bales) M cents/kg Int 1 RSS Close May 20 225.50 Mav 21 225.50 Mav 22 225.50 May 23 225.50 May
    1,176 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      864 22 BUSINESS TIMES TELEPHONE: 730 5771/5772/5773 FAX: 734-4982 IN THE MATTER OK THK OMP \NIKS ACT CAP it AND IN THK MATTER UK NG HWKK KHOON ITK LTD NOTICE OK SPKCIAL KKSOLI TION KOK MEMBERS' VOLUNTARY WINDING-UP (pursuant to Section 291) At an extraordinary general nesting of the members of the
      864 words
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      Page 22 Advertisements Column 2
      852 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 5« AND IN THE MATTER OF HYUNDAI CONSTRUCTION SINGAPORE PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 51 Ajwon Road, #02-57 A #02-59 Anson Centre. Singapore 0207, on
      852 words
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      Page 22 Advertisements Column 3
      26 22 For further information on which newsstands carry Singapore Business, Her World, Go, Home Decor Young Parents, please ca our Customer Services Section on 740-1839 or 740-1840.
      26 words
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      Page 22 Advertisements Column 4
      11 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1094 23 City Flight ETA Flight ETD Adelaide SQ228 1905 SQ227 2200 Amsterdam KL841 1055 KL842 2035 SQ23 1240 Bandar Seri BI421 1105 SQ182 0915 Begawan SQ181 1410 BI422 1205 BI429 2030 BI430 2125 Bangkok QF062 1130 RA408 0825 SQ69 1145 TG402 0830 TG403 1155 SQ62 0845 TG407
    1,094 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Rich relics of prehistoric times
      777 23  -  LETTER FROM MARLBOROUGH By Fred Farris MORE than 2,000 years ago, before Julius Caesar's legions leapt from their ships and carried their invading eagles into Britain, a Celtic chief ordered his people to carve the tribe's emblem into the chalk downs of his realm. It
      777 words
    • Article
      MONEY CHANGER RATES
      151 23 As at 3pm on Friday: dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.330 1.350 Canadian dollar I.S23 1.543 NZ dollar 1.015 1.045 Sterling pound 3.057 3.077 US dollar 1.7650 1.7750 dollars to 100 units of foreign currency Austrian schilling 14.50 15.50 Belgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      68 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td May 25-29 International Milan Associasione *****64.282 June 5-7 Specialized for Graz. Grazer Messe ********** Elect rot echnics Intel High-Tech Austria International Electronics Innovation June 2nd International Centro Instituto (541)*****40 May 27 to International Barcelona. Foire de **********
      68 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      39 23 Johan, fly Finnair if you're going to Stockholm Swede home. Because Finnair gets you home at 0755 in the moming or onto over 30 other European destinations. Call *****77 for details. &AVA/A/JT//? We know Europe from start to Finnish.
      39 words
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      Page 23 Advertisements Column 2
      18 23 Hear anything? See anything? Smell anything? If so, call The New Paper Hotline Plus. llijjCvT 734-7711. [paper 1
      18 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      340 23 8 Book with an egoistic dedication (4) f 9 A little physical training to MB jnj 10 Take-over advice by deal- hi ers in the open market 11 The wild rush to reach one's chosen profession (6) 12 In a short highway plan to ■■f IHV H a secluded spot
      340 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      211 23 Singapore Outlook: Showers over several areas in the late morning and afternoon. Forecast: Maximum temperature 30.3 Assoc humidity 75% Minimum temperature 26.4° C Assoc humidity 92% Hours of sunshine 2.10 Rainfall in mm trace Rainfall this month 243.4 Rainy days this month 17 World report Asia-Pacific Hi/I-o* Cond. Auckland 17/13
      211 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      47 23 [TMC. G'ffLS 'N THE. BIT RfcOUTTVeCuePvrtiNG^ mr. —yoj* unp\\jthoß'SeD (JgS, f°° L Ag€ J Jhc silk y of sir chest&r- u r p PeJßßY.oufe B€-LoveD PRM-s foohd€.r y CftN T SToP. \s OyNfrMlTg.} 1 y (MQU) V£-Ry K<f4p.....) viou UP TO? J evening standard co ltd. 1»«2-19#1
      47 words
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  • Article, Illustration
    Lock icon India seen freeing economy despite death of Rajiv
    448 24 Reuter NEW DELHI The process of freeing India's economy cannot be halted despite the death of former prime minister Rajiv Gandhi, seen as the country's most avid champion of liberalisation, economists say. However, political instability after his assassination last Tuesday and severe
    Reuter  -  448 words
  • Article
    Lock icon Rao likely to be picked leader of Congress Party
    287 24 AP NEW DELHI Left leaderless by the death of former Prime Minister Rajiv Gandhi, the Congress Party is likely to turn to an old family friend to lead it through elections next month, newspapers said yesterday. The reports indicated that 69-year-old
    AP  -  287 words
  • Article
    Lock icon Some groups in M'sia acting as Western agents: Mahathir
    267 24 Bernama SEREMBAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday disclosed that certain "semipolitical" groups in Malaysia were acting as Western agents and misleading Malaysians on the interpretation of democracy. Some of the minority activists were being financed by those countries
    Bernama  -  267 words
  • Article
    Lock icon Pakistan wants stable Indian govt
    250 24 Reuter ISLAMABAD Pakistan wants a strong, stable government to emerge in India following Rajiv Gandhi's assassination, able to tackle decades of suspicion and armed conflict, government officials said yesterday. "If it is a strong government it can deal with problems. If it is a weak
    Reuter  -  250 words
  • Article
    Lock icon Aussie study backs Japanese future city idea
    312 24 AFP SYDNEY A feasibility study carried out yesterday supported a Japanese concept to build a futuristic city on industrial wasteland in Adelaide, South Australia. The project, known as a multi-function polis (MFP). "will result in a positive economic and social impact on Australia
    AFP  -  312 words
  • Article
    Lock icon US likely to begin Mexico and Gatt talks soon
    327 24 Reuter WASHINGTON US officials, armed with special negotiating powers, will begin an ambitious schedule to complete a free trade pact with Mexico and to reform the global trading system by the end of the year. "We can now take our seat
    Reuter  -  327 words
  • Article, Illustration
    Lock icon Roh replaces four ministers in reshuffle
    503 24 Reuter SEOUL South Korean President Roh Tae-woo revamped his Cabinet yesterday, replacing four ministers, to try to restore sagging public confidence in the government, a presidential spokesman said. Mr Roh. seeking to end the political turmoil that has rocked the nation for a month,
    Reuter  -  503 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      112 24 PiageT Hmum ENiKMtxMM mm m genßve Dive Adventure —MICROIMESIA Slay on board your floating hotel the S S. THORFINN 170' crusie ship 7 DAYS (or US$l54O 00 PRICE INCLUDES: All meals (plus wine with dinners) UNLIMITED DIVING at wrecks plus Night Dives We provide TANKS WEIGHTS DIVE PERMITS *E«perienced Guides
      112 words
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      Page 24 Advertisements Column 2
      36 24 PrgeT M lIJJER fiv imuxMit: imns im GENfiVE Kiss-ior~^^i Japan I SALES FOR KISS-10 7 '*f \\ll&> COMPUTERS (PTE) LTD Shiiwioom Factory: Block 1090 Lower Delta Road #02-03 to #02-07 Singapore 031G Tel: 274-7122 Fax: 274-7133
      36 words
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  • Shipping Times
    • Article
      Anera to raise rates for Canada-bound cargo
      456 25  -  By Selva Kumar RECENT freight rate hikes by the Asia North America Eastbound Rate Agreement (Anera) has raised the ire of Singapore shippers. They are more angry now that Anera has decided to increase rates for cargo heading for Canada a move that
      456 words
    • Article, Illustration
      DHL Air Express Centre starts operations
      141 25 DHL Worldwide Express' $13-million building has just started operations. The 120,000 sq ft purposebuilt DHL Air Express Centre (right), located at Tai Seng Drive, features state-of-the-art automated systems such as a two-tier conveyor belt. Peter Flower, DHL Singapore managing director, said: "This latest development
      141 words
    • Article, Illustration
      Lock icon World shipbuilding backlog down by 5pc in first quarter
      308 25 AFP LONDON The world shipbuilding backlog dropped by 5 per cent in the first quarter this year from the previous quarter, to 37.8 million gross registered tonnes against 39.8 million, according to statistics issued on Friday by Lloyd's Register of Shipping.
      AFP  -  308 words
    • Article
      Lock icon Boeing proposes refund to US Air Force
      272 25 AP SEATTLE Boeing De-fence-and-Space Group has proposed refunding up to USSIS million (5526.5 million) to the US government as part of a plan to get an Air Force missile programme back on track. Boeing's SRAM II missile has had trouble with its software
      AP  -  272 words
    • Article
      SIA Cargo to add two aircraft to fleet next year
      281 25  -  Freighter service to US to be launched By Rahita Elias SINGAPORE Airlines will expand its all-cargo fleet next vear with the addition ol two Boeing 747-200 freighter aircraft. Following the delivery ot the first new freighter in January next year,
      281 words
    • Article
      Lock icon IMO endorses new standards for existing ships
      296 25 Reuter LONDON The main safety body of the UN International Maritime Organisation (IMO) has endorsed new standards for existing passen-ger-carrying ferries and says it needs powers to enforce changes to all existing ships. "There was a feeling that IMO had to take action
      Reuter  -  296 words
    • NEWS SUMMARY
      • Article
        Airod seeks more civil-aircraft business
        25 25 A PARTLY US-owned Malaysian maintenance company long specialising in military' work is seeking more business from commercial-transport operators Page 2
        25 words
      • Article
        Delays likely at US airports
        33 25 INTERNATIONAL travellers can expect delays at US airports this summer because federal officials refuse to ease the security measures that were imposed during the Gulf War Back Page
        33 words
      • Article
        Exxon withdraws guilty pleas
        29 25 EXXON Corp and Exxon Shipping Co on Friday withdrew the guilty pleas they had entered under an Exxon Valdez oil-spill settlement that collapsed Back Page
        29 words
      • Article
        Fokker seeks a mate
        69 25 "SMALL, attractive Dutch aircraft maker, 72, inclined to overspend, seeks rich aerospace partner. May suit deeppocketed American jetsetter. Full of independent ideas, but marriage possible with right mate." If airlines used the personal columns, that's the sort of advertisement Koninklijke Vliegtuigenfabriek Fokker NV might try in
        69 words
      • Article
        Port of Assab in rebel hands
        34 25 ETHIOPIAN rebels captured the port of Assab. the government's last access to the Red Sea, as peace talks were set to open this week in London. Back Page
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    • LOG BOOK
      • Article
        Air, maritime show to be held in Langkawi
        61 26 LANGKAWI An international air and maritime show will be held here in November, Malaysian Works Minister Datuk Leo Moggie said last Friday. The week-long show organised by the Defence Ministry would see participation Irom flight and maritime enthusiasts from throughout the world,
        61 words
      • Article
        Fiat profits halved
        84 26 TURIN Italy's car giant Fiat, blaming a weak European market on the Gulf crisis and unfavourable lira rates, last week announced that its consolidated net pro!it lor 1990 dropped 51 per cent to 1.61 trillion lire (552.3 billion), down from 3.3 trillion lire a year earlier. Italy's
        84 words
      • Article
        Missing boxes found
        64 26 KUWAIT The Through Transport Club has located over 1,000 containers which were reported missing during the Iraqi invasion of Kuwait. Most of the boxes were found in Shuaiba port's container yard, with the rest lound in areas surrounding the port. Ship operator members who lodged the reports
        64 words
      • Article
        Chittagong imposes restrictions
        74 26 LONDON In the wake of the April 29 Bangladesh cyclone, storm-battered Chittagong port has issued overall length and draught restrictions for movement of vessels, Lloyd's Shipping Intelligence Service said last Friday. Night navigation remains banned and daytime movements to and from jetties 1 to 13 and the
        74 words
      • Article
        Yugoslav ship under repair
        51 26 LONDON The Yugoslavian container vessel Jadran Express is undergoing main engine repairs in New York, Lloyd's Shipping Intelligence Service said last Friday. The 19,455 dwt vessel sustained engine damage while at sea and was towed about 1,024 km to New York, where it arrived on May
        51 words
      • Article
        Yugoslav bulker refloated
        86 26 LONDON The Yugoslav bulker Malinska has been refloated after going aground on Lake Ontario's Duck Island, Lloyd's Shipping Intelligence Service said last Friday. Lloyd's said the 34,752 dwt vessel, which ran aground on May 13, was refloated on May 16 and on May 23 was on its
        86 words
    • Article
      DAILY FREIGHTS
      1004 26 CHARTERING in the dry cargo freight market on Thursday continued to be buoyed by expectations the Soviet Union will be granted farm credits, brokers said. The US Gulf/Japan route jumped to U5526.83 from U5525.75 within the Baltic Freight Index, which rose 14 points to 1,699. But reported fixtures
      1,004 words
    • Article, Illustration
      Lock icon Seeking more civil-aircraft work
      1196 26  -  Airod, a Malaysian maintenance company jointly owned with Lockheed that supports the Malaysian Air Force, is eyeing commercial-transport work. Anthony Vandyk reports Anthony Vandyk Air Transport World A PARTLY USowned Malaysian maintenance company long specialising in military work is aggressively seeking more business from commercial-transport operators.
      Air Transport World  -  1,196 words
    • Article
      COCKETT BUNKER MARKET REPORT
      850 26 THIS twicc weekly report, compiled by Cockett Marine Oil Lid, 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 I are indicated. The Cockett Bunker Price Index change
      850 words
    • Article
      THE SHIPPING GUIDE
      12233 34 This is a list of ships loading at Singapore tor ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,233 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        728 41 Vessel Voy No Berth Arrival Depjrtire Vessel Voy No Berth Arrival Depart Lie Keppel Wharves San Batam S59 M5A 27 05 0900 27 05 2300 Cora Pcess 030 (PI K29 alongside 2605 1800 Seng Hing 6A/91 M2C 27 05/2030 2805/1500 Jin Feng 91/5 K32 alongside 2905 0600
        728 words
      • Article
        CONTAINER SCHEDULE
        901 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From ACX Lily 11A 29/0900 3 27/0700 27/1159 27/1400 V 4 27/1200 27/1459 27/1700 AHi Tnumpti ***** 28/0500 1 26/1500 26/1659 26/1900 2 26/1700 27/0659 27/0900 3 27/0700 27/1159 27/1400
        901 words
      • Article
        IN MALAYSIAN PORTS
        237 41 Penang Port Berth in Butterworth on May 26: 1: Sammi Blonde; 2: Wu Tat Shan; 3: Yang Cheng; 4: Dewi Indah I; 5 ml; 6: nrf Penang Wharf: NB Chang Lung: CB ml: SB nil. BCT: Bl: Gtami: Bll; Anangel Fortune. I/B Banglumpoo VOTP: Clear Venture L.
        237 words
    • Article
      Lock icon Big delays expected at US airports this summer
      318 42 UPI NEW YORK International travellers can expect long delays at US airports this summer because federal officials refuse to ease security measures imposed during the Gulf War, a report said on Saturday. Flights are expected to increase sharply this summer at airports
      UPI  -  318 words
    • Article
      Lock icon New Orleans lock project at a standstill
      235 42 Reuter NEW ORLEANS The busiest lock on the inland waterway system of the US the Industrial Canal lock in New Orleans is overburdened. frequently creating delays of 12 or more hours. During periods of intense local flooding, when other locks are closed down,
      Reuter  -  235 words
    • Article, Illustration
      Lock icon Exxon withdraws guilty pleas
      413 42 AP ANCHORAGE Exxon Corp and Exxon Shipping Co on Friday withdrew the guilty pleas they had entered under an Exxon Valder oilspill settlement that collapsed. US District Judge H Russel Holland had given the companies until Friday to decide whether to withdraw their four guilty pleas
      AP  -  413 words
    • Article
      Lock icon Fokker seeks partner to guarantee its survival
      473 42 Reuter AMSTERDAM "Small, attractive Dutch aircraft maker, 72, inclined to overspend, seeks rich aerospace partner. May suit decp-pocketed American jetsetter. Full of independent ideas, but marriage possible with right mate." If airlines used the personal columns, that's the sort of advertisement Koninklijke Vliegtuigenfabriek
      Reuter  -  473 words
    • Article
      Lock icon Port of Assab captured by Ethiopian rebels
      350 42 AFP ADDIS ABABA Ethiopian rebels captured the port of Assab, the government's last access to the Red Sea. as peace talks were set to open this week in London. The Eritrean People's Liberation Front (EPLF), which on Friday seized Ethiopia's second largest city
      AFP  -  350 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      229 25 ECS MARINE AUTOFAX (UK) SERVICES INCLUDES 1. CREDIT REPORTS lg| 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING Call 2241 890 for .-V FREE Demostratlon Package v JgMKggg Everything Our Company Stands For Can Fit On The Head Of A Badge. This isn't just a badge. tomer requirements;
      229 words
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      Page 25 Advertisements Column 2
      28 25 Cockett Report 2 Container Schedule 17 Daily Freights 2 Inde* to Advertisers 3 Shipping Guide 10,11 Ships in Port 17 Singapore Tides 17 Weather and Sea Conditions 17
      28 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      88 26 AUSTRALIA/ 1 1 SINGAPORE I all A well established Australian Freight Forwarder with offices in all mainland states is seeking an active partner in Singapore with a view to long term arrangement. Presently we have weekly consolidation containers into Singapore (20' 40') and are Ij seeking a partner with current
      88 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2439 27 m JARDINE SHIPPING AGENCIES %mllmm 200 Cantonment Road #12 05 Souttipoint. Singapore 0208 \«l>fir *****11 NO RS ***** ■W If AIIIAH TERMINAL/CFS Tel *****18 220 W P BOOKINGS T<H *****34 258 L. V*V# PESAKA SHIPPING AGENCIES iORT KEIANG TEI: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA4OO/3 CFS
      2,439 words
    • Advertisement
      Page 27 Advertisements Column 2
      1177 27 INDEX TMDVERTISERS Piigc Col I'ajjc Col lAI M ABC Containerline 12 I M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nels Agencies 14 1/2 '»u S Macoline 18 3 Ahrenkiel Liner 6 4 Madju Sdn Bhd 15 1/2 Allied-Link 16 4/5 .MaerskLine 3 4/5 Anglo Onent 16 /2 M
      1,177 words
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      Page 27 Advertisements Column 3
      2163 27 ■BEMTi TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA 18 DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/LONGBEACH 19 DAYS V«ss«l Voy ETA ETO 'Port "Penanfl I" Sirvgapofe K.,.n 0 DESTINATIONS This wnen Mart M««rsh 910 C Feeder by 28 5 oeoo mrs m CFS 27/5 2359 MRS OAK LGB HOU MEM
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1197 28 x_.. I ]JI gil 111 M »»i «i ■i i W J mtftfiLlllklskl^^^^Bi ROTTEDAM/j VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KASUGA 15/121 30-5 20/6 18/6 17/6 MONTE ROSA 13/321 2/6 19/6 21/6 24/6 25/6 ELBE 05/122 6/6 27/6 25/6 24/6 t Mi Wf#TBO(JND f. LEVERKUSEN EXPRESS 01/322
      1,197 words
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      Page 28 Advertisements Column 2
      600 28 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 31/5 11/6 13/6 19/6 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO. APIA I NUKUAIOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX SAI (PERU) ISLA FLOREANA 2208E 31/5 1/6 3/7 6/7 8/7 9/7 Agents Itllf* SINGAPORE: *****11
      600 words
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      Page 28 Advertisements Column 3
      1496 28 I Egaa r MU&Bs& &sam REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/VOY SIN ALG BCL HAM BRE ROT ANT PEL LHA (VIA (MA (VIA ALG) HAM) ROT) JAPAN SEA 112W 31/05 20/06 21/06 25/06 26/06 27/06 28/06 29/06 30/06 NORASIA SINGA 9113-3 07/06 28/06 29/06 02/07 03/07 04/07
      1,496 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2261 29 > z~qsjSteamers Maritime Holdings Lldj PtfrO WW STRAITS shipping! MML J Singapore to Bpbml, East Malaysia, I w®*Containers Mil I Voy No +"fw/ fll S port Alf Sou Ant Rot Hb| nnc SAII S I LiXA MA£RSH 9108 25/05 27/05 23/05 13/0« 16/06 17/06 19/0€ CARGO I Zt 2K2 "'2
      2,261 words
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      Page 29 Advertisements Column 2
      2276 29 TO: U.S.AJPANAMA FM: U.S.A./PANAMA SI- OA* iqb cm roe u» no. hyc AMERICAN SI NATO* EflJl l/( 2C/C 2t/t 7/7 13/7 14/7 It/7 CHOVANG SIM WA 115 10/4 W* M/ 4 n/ l J* CHOYANG VICTORY EFI22 1/6 J/7 5/7 14/7 15/7 20/7 21/7 23/7 ,OI<OH MA 1,4 17/4 ~/4
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      Page 29 Advertisements Column 3
      416 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL I VOY SP [Si ["itUC KK COSMO IkNGEL 3 "SLO MPT GRACE LUNA 4 IID *PT I ROU shun ii npt "28/5 li/i COSMIC CHALLENGE* 7 Oil I COSMK trader 15 "joTi wi SNIP* M 1/5 3/5 ASIAN CLfPER 132
      416 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      553 30 ssssa CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY S PORE ROAM.AOAM H BURG BREMEN ANTWERP MATARAM/29W8 2D/6 22/7 27/7 31/7 OS FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub)«ct lo lnduc«m«nt. Also accepting cargo to Casablanca, Port Said. Port Alexandria. Genoa. Trleale. AISO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA
      553 words
    • Advertisement
      Page 30 Advertisements Column 2
      951 30 'M. HANJIN SHIPPING Sport |LEH RTM ANR HAM BAV FEL I FEEDER VSL S* LINE HAUL LGB OAK HANJIN CHUNGMU 078W 31/5 19/6 20/6 21/6 21/6 22/6 23/6 I HANJIN LEHAVRE 013E 3/6 WRECT 24/6 27/6 HANJIN LONGBEACH 033W 4/6 22/6 23/6 24/6 24/6 25/6 26/6 I HANJIN TONGHAE O«2E
      951 words
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      Page 30 Advertisements Column 3
      1411 30 IPKIWT *G KSG KIG PUS WT OSK NGY SUZ TVO LAX CMS BAL NYC UW UM m nr IK no CHKL W I GLORY RE 049 21/5 31/5 «/4 5/1 7/1 10/1 12/4 14/1 15/8 l(/( 17/* 21/4 18/7 12/7 14/7 23/7 24/7 25/7 21/7 21/7 7/» 17/1 21/1 22/1
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1778 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS NEPTUNE LINK TEL: *****00 USA SERVICE-*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE -*****18 CFS: K27 EXPORT: *****53/*****04 M FAR EAST SERVICE -*****48 CFS: K27 IMPORT: *****69/*****50 EZf M NEPLINE SDN BHD MALAYSIA K L
      1,778 words
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      Page 31 Advertisements Column 2
      1015 31 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 J OHO RE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND TRANSHFPED AT ROTTERDAM vessels Sot |mla mg "Jot
      1,015 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1494 32 K* w- ft AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) V m m TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I |%J BJ MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD JL IWrj TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P-T. SARANA
      1,494 words
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      Page 32 Advertisements Column 2
      764 32 \?m PHIU-OHI€NT LIN€S PTC LTD V -WP '08 ROBINSON ROAD 907 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69^*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 3 JUN MONTREAL. OnAWA. TORONTO. in MAY Sn
      764 words
    • Advertisement
      Page 32 Advertisements Column 3
      437 32 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD w" 23, Telofc Aver Street SINGAPORE 01M TEL: *****88 (10 LINES) Fm: *****04 (CR No *****S*****W) STRAITS/PERSIAN CULT SERVICE S'pore P Kelang Penang GOLDEN KM Colombo lUdCl* Dttai ki Nrt GOLDEN HARVEST Colombo Karachi Outai 1/10 kr CHIHA SERVICE QMG fl*6 ERHAO Stiantou
      437 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1444 33 ssssa M PACIFIC INTERNATIONAL LINES (PTE) LTD B Mfcl P»L Building, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA 1 [BANGKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN SEA DRAGON 9104 28/5 31/5 3/6 KOTA 9115 M/ 5 31/5 EDEN 221 J* PEQAGUS PROGRESS 669N 29/5 1/«
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      Page 33 Advertisements Column 2
      962 33 ben Tine containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT WCCCR VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN CGM Pans+ 168 1/6 2U6 22/6 23/6 Water schouf 166 2/6 24/6 25/6
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      Page 33 Advertisements Column 3
      518 33 teA MYANMA fßk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KI( Pen P.Gdg PATHEIN VIIIH In Pt HPA-AN VI63W 30/1 Jun PAGAN VIO7W 8/10 )un 'g| THE BANK IINI (A eervlce of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY 1 EXPRESS TO PAPUA NEH
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      Page 36 Advertisements Column 1
      655 36 j&WMMMIiih 1 TO AUSTRALIA/NEW ZEALAND VSI [sii Frem 1 1Mb [iyd lAuck |NP£ |p CHAIM mussel 271 "ilTs m~Ti7« TsTi ~wt~li/V HJi C. VMOLMI 272 15/6 21/6 2S/6 30/S 5/7 til XNTMCRPCN 273 2S<6 5/7 10/7 14/7 20/7 23/7 25/7 MARTHA II 274 5/« 12/8 IS/I U/» 25/« 27/S 2S/6
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      Page 36 Advertisements Column 2
      749 36 PBBBH OUTBOUND VOY PKL PNG MT SIN HKG KAO KEE TYO SM2 NGO KOB~|| VESSEL VOY SIN PKL PNC BCW SI CALIFORNIA CARRIER 58 *25 5 23 528 5 1.6 4 6 7.6 8 6 9.6 ICEMRO 7> M.5 30.5 31 5 16_ ACX ROSE 14 1.6 **27.5 31.5 7.6
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      Page 36 Advertisements Column 3
      287 36 f ~P~T~ PERUSAHAAN PELAYARAN& i W? KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK I VmH EIA/ETD DESTINATION I I MAGA XXII Voy 12/91 27/21 Miy JjkKtt/flhwb*! I MAGA 42 Voy S/91 30/31 May Murta/hMM| I NAGA 111 Voy 12/91 3/4 lun Ukwtj TiKmbmi I I WAGA nil Voy 13/91 «/7
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      Page 36 Advertisements Column 4
      1412 36 Wvg HI if- CHINA OCEAN SHIPPING COMPANY LU FULL CONTAINER LINER SERVICE TEL 2S??oship 2, MISTRI ROAD. HMC BUILDING FAX 2»1866 'WSBBff CABLE; COSTARL,NE General Agents: OOSTAR SHIPPING PTE Liu FROM HONQ KOHO AND CHINA VESSEL VOr SCf HKG SHA MW HRU ML QW VESSEL VOY SHU 111 HHI Ml
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      Page 37 Advertisements Column 1
      994 37 ukc conventional ««aviot Vessel PKL PNG P G Loading for A VESSEL 28yOS Rotterdam/Antwerp CHINA run CONTAINS* mvici Vessel SCP PKL BKK HKG QIN SHA YANGfANGKOU 151 02/6 03/6 07/6 12/6 16/6 YANGfANGKOU 153 02/7 03/7 07/7 12/7 16/7 Also icctpting other Chinese ports via HKG AUSTRALIA FULL CONTAINER SERVICE
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      Page 37 Advertisements Column 2
      312 37 MARINE AGENCIES (S) PTE LTD Sf TEL: *****33 (12 Lln««) m FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Lines) psr\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOB SPORE ABBAY WONZ 28WB 0«/0fl DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA NETSANET 21WB
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      Page 37 Advertisements Column 3
      641 37 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD Eik eta eta SPORE PORT KEUNG PENANG BLUE MUX In Port Loading lor Milt MJVAI HUDHU 9/6 loading for Calcutta DOLPHN W/5 Loading For Male raCER SUPREME 8/6 Loading For Mate DONAKUtHI 3/6 Loaded For Fekwar u PROGRESS IBEITY 12/6 Loading tor
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      Page 37 Advertisements Column 4
      863 37 SYDNEY/MELBOURNE BANGKOK [reaa Iwr rww sre m. \nm. |ww murm iwnw PLANETA 0849 05-6/6 18 20/6 22-24/6 MAHA BHUM# 59W WtO 29/5 Sat 1/6 PIYA BHUM 0905 20-21/6 03-5/7 07-8/7 lENLINK 57N Thur 30/5 Mo> 3/8 PLANETA 1050 5-6/7 18-20/7 22-24/7 NANTA WW 43M Sm 2/6 5/6 CHAIYA RHIli \7H
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      Page 38 Advertisements Column 1
      1152 38 MAC-NELS SINGAPORE til mrow m amoz PENANG TEL: (04) *****6 IKK TEL: (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL: (03 *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 "M J BAHRU TEL: (07) *****2 SIBU TEL (084) *****2 PADANG TEL: (751) ***** I J\y VZ-J JAKARTA TEL:
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      Page 38 Advertisements Column 2
      369 38 BLUE STAR LINE SINGAPORE TO 11NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL ft LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIM N. PIY AUCK ITT PREMIER 12S 1 lun 11 )un Via NPI 13
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      Page 38 Advertisements Column 3
      1108 38 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor IET* IICST VESSEL TVot ETA lEST
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      Page 39 Advertisements Column 1
      703 39 COMPANIA PERUANA \K3L DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BBEAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAN!, HO* 1 OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penanf* P Ktiang Sin|ipar« E'Msu JOHNEVERETT K3O/23 May SHAPLAEVERETT 03/06 km 07/09 tun KAMALEVERETT 27/2S Jun "EVERETT ORIENT LINE" JAPAN/BAY
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      Page 39 Advertisements Column 2
      507 39 I m Not Ispouc Imawiinir Ilak hsi Isav Etc Iwrx m ELAT Ml 31/5 ON KH 27/6 6/7 9/7 11/7 13/7 2N MELBOURNE 2121 13/6 WSAN l«/ 7 23/7 26/7 2t/7 30/7 m PKAEUS 12K 24/6 ZM CMJFOftMA 23/7 1/1 4/1 M KOPER ISC 27/1 m SAVANNAH 31/7 9/6 12/1
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      Page 39 Advertisements Column 3
      663 39 QH UNER SHIPPING PTE LTD 10, Anson Road, #17-06 International Plaza, Sinoapofe 020? Tel: *****33 (10 lines) \1 Telex: RS ***** LSSHIP Fax: *****13 IWUJfIW I SRI LANKA/INDIAN PORTS KARACHI I" 5/6 12/6 I BOMBAY 4/6 16/6 COLOMBO 2/6 9/6 CALCUTTA 31/5 5/6 MADRAS 31/5 8/6 CHITTAGOWG 4/6 6/6 MIDDLE
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      Page 39 Advertisements Column 4
      635 39 IS PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SBY MELITA 05/91 IN PT 30/05 PRASETIA 173 A 30/05 02/06 JATIDIRI 934 01/06 04/06 MELITA 07/91 03/06 06/06 PRASETIA 175 A 06/06 08/06 JATIDIRI 935 08/06 11/06 TANTO UTAMA 167 31/05 03/06 TANTO
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      Page 39 Advertisements Column 5
      425 39 A 4k I I jIpM HI li l ■'I 11 1 ifl 11k I a^^h <• M SIN FM EAST 2/6 KEELUNG/KAOHSIUNG 2/6 BANGKOK 1/6 MANILA/CEBU Z 1/6 JAKARTA/BELAWAN/SURABAYA 1/6 PORT KELANG/PENANG/E. Malaysia Z 2/6 BUSAN 2/6 TOKYO/YOKO/KOBE/NGO/OSA 2/6 HONG KONG Z Si CHINA 2/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also
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      Page 40 Advertisements Column 1
      746 40 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 1706 27 MAY 30 MAY TAKARI IV 4090 30 MAY 01 IUW TAKARI I 1708 03 JUN 05 JUN TAKARI IV 4092 06 JUN 08
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      Page 40 Advertisements Column 2
      281 40 MULTI-MOPE SWPPIHB PTE LTD j| L MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN. SHARJAH. DOHA, MUSCAT, BAHRAIN. ABU DHABI, BANDAR ABBAS. JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG P KELANG, JAKARTA. BANGKOK. HONG KONG, TAIWAN, JAPAN, MANILA, KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON, FELIXSTOWE, LEEDS, TILBURY, ABERDEEN, LE HARVE, HAMBURG. ROTTERDAM. ANTWEP, GOTHENBURG.
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      Page 40 Advertisements Column 3
      687 40 x-ft.SETH SHIPPING CORP. SDN BHD LiKfri PT KLANt TEL. 03 M 7510» |t »««l FAX ****** VTißf7 PENAN6 TEL *****929 SUN TEL MMI4U2 N CCX SIIU TEL 084-*****2 TABAU TEL: 08******8 KK TEL 088 *****0 KUCH TEL: 082 *****3 Hd'SIA TO USA/CANADA CONTAINER SERVICE rma vot rtw Imi sw u/lb
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      Page 40 Advertisements Column 4
      470 40 CUJj con-mv mTEßmnnni\ j LCL/FCL SERVICE FROM [m 1 [51 IW CM operate* over 600 tarmlnale/offtcet In UJS.A. II URL m maintain* owr 35,000 tractor* trucks. II UUL M CUtt Mrvea over 60 T OOO point* in U.S.A. I—l UKmh M CUM offer reliable LCI/FCL*ervic**. General Agent*: 7JPAAKT?MMT Qf jO
      470 words
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      Page 40 Advertisements Column 5
      437 40 uMmumimimiu FCL/LCL SERVICES MANILA ETA VIGOUR SINGAPOUR INB VIGOUR PACIFIC 38NB 8/6 BANGKOK 1/6 8/6 BUSAN 5/6 13/6 HONGKONG 5/6 13/6 DURBAN/PT LOUIS 3/6 19/6 KEELUNG 7/6 9/6 USA 6/6 13/6 PT. KELANG 31/5 7/6 KOBE 3/6 10/6 PIRAEUS 10/6 21/6 OSAKA 5/6 12/6 JAKARTA 31/5 3/6 SURABAYA 30/5 6/6
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      Page 41 Advertisements Column 1
      622 41 MORE FREQUENT FUGHIS WORLDWIDE :^S^I NEW ZEAUNO/FUI W m< w. w> sr !rr ~C); rr N Rouen/9112 27/5 31/5 27/5 27/5 29/5 3/6 17/6 0/7 19 6 20.6 fi/7 N Rotterdam/9113 8/6 10/6 10/6 10/6 12/6 15/6 28/6 10/7 30 6 IH 3/g 3/g 5/g N. Rosar«/9114 18/6 20/6 20/6
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      326 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0600 3700 0800 0900 1000 1100 1200 1300 **********00 1700 *****900 2000 2100 2200 2300 )R 24 19 14 09 06 0.5 0.5 0.8 1.2 18 2.1 2 3 2.3 2.1 1.6 1.3 10 09
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      Page 42 Advertisements Column 1
      778 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. eastbounp feeder to pacific south-west to pacific north-west FHKR VOY IHR PKE SIN Lll€ HAUL VOY LBH OAK SEA LINE "AUL VOY TCH/SEA PTI mm CHUN 125 26/05 27/05 29/05 H INNOVATOR 41E 24/06 27/06 31/06 TOWER BRIDGE 531
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      Page 42 Advertisements Column 2
      46 42 f OFFICES: MACOLINE ST PORT KEIANG 03 *****06 SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VESSEL SIN PG SIN PLM Bunga Setawar PMOI7 24/5 25/5 26/5 27/5 Bunga Setawar 1/6 2/6 3/6 4/6 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS B SETAWAR' 24/5 PALEMBANG SUSANNA" 26/5 PANJANG/JKT 'HAKURYU' 26/5 PALEMBANG
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      Page 42 Advertisements Column 3
      473 42 CHARTPOINT Every Saturday in Business Times EXPOR^O^^^^ UK/CONTINENT (TOO) •«.*«,<.... MV^H rr==—l..™, lo Ctp«*i>f<n. Aa*n. G«e»>«>r|. Mjkm SfOM J TO* HBUK DAM LfM tan SMcttam ISS'lii JM 17 1 MM. SHPLSHS IJ/M 1 1 H/l Brcmcnhavcr To Brtwwr Sn»is ii |i!;: i;; »<»~—KjaMjajH MEDITERRANEAN (MED CLUB)* JEDDAH srHisr :,r r.r
      473 words