The Business Times, 31 March 1989

Microfilm: NL16518
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, MARCH 31, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    219 1 Dow Jones down WALL STREET stocks weakened with the dollar lower after central bank intervention recently. Brokers said trading was light, as it has been all week. The Dow was off three at 2279 and a few more issues showed losses than gains. Reuter Footsie down LONDON
    219 words
  • Article, Illustration
    Tokyo stocks buck region's weak trend
    221 1 THE TOKYO market continued its climb into record territory yesterday, while the other regional markets all lost ground. In Singapore, share prices retreated on profit-taking. The Straits Times Industrials Index gave up 3.83 points to close at 1,190.80, while the Business Times Composite Index
    221 words
  • Article
    Lock icon Tin hits three-year high of M$25
    117 1 Bernama THE PRICE of tin vaulted over the Ms2s mark to M 525.02 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday, 20 cents higher than on Wednesday. Several traders said that the price was justified and could in fact rise higher, based
    Bernama  -  117 words
  • Article
    Liu Thai Ker to head revamped URA
    406 1  -  CHUANG KWONG YONG TO TAKE OVER AS CEO OF HDB By LILIAN ANG IN A MOVE to ensure the optimal use of land in Singapore, the Urban Redevelopment Authority is to be restructured with Mr Liu Thai Ker as its Chief Executive Officer.
    406 words
  • Article
    Lock icon Bank Negara to sell its stake in a rescued bank
    296 1 Bernama BANK NEGARA is negotiating to dispose its stake in one of the three banks it rescued in 1967, Governor Tan Sri Jaffar Hussein said yesterday. He did not name the bank but it is believed to be the United
    Bernama  -  296 words
  • Article
    Lock icon Aussie banks shocked by A$230m collapse of government company
    201 1 AFP BANKS in Australia were shellshocked yesterday as the extent of their exposure to the As23o million collapse of a government search-and-rescue company emerged. Provisional liquidator Michael Humphris said as he wound up the operations of the Mel-bourne-based National Safety Council
    AFP  -  201 words
  • Article
    Lock icon Drexel's Milken charged in largest criminal indictment
    344 1 US INSIDER TRADING INVESTIGATION AP MICHAEL R MILKEN, chief of Drexel Burnham Lambert Inc's high-yield junk bond department, has been charged in New York with racketeering and securities violations in the largest criminal indictment resulting from the Ivan Boesky insider trading investigation. Also
    AP  -  344 words
  • Article, Illustration
    Redas urges URA to monitor release of land
    495 1 THE Urban Redevelopment Authority (URA) was urged last night to exercise restraint in releasing land for sale. The call was made by Mr Kwek Leng Joo, president of the Real Estate Developers' Association of Singapore (Redas), who cautioned that failure to do
    495 words
  • Article
    Lock icon S Korea, China talks fail
    119 1 AFP SOUTH KOREA and China have failed to agree on the opening of trade offices in each another's capitals, officials said yesterday. Korea Trade Promotion Corp president Lee Sun-Ki discussed the issue with the China Council for the Promotion of International Trade in Beijing this
    AFP  -  119 words
  • Article
    Lock icon 'South Korean GNP to grow 8-9pc'
    149 1 AFP SOUTH KOREA'S official think tank has forecast that the country's gross national product (GNP) will grow by 8 to 9 per cent this year if the government expands imports, controls wages and limits the won's rise. The Korean Development Institute also warned of
    AFP  -  149 words
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      93 1 I Wedding Package $220.00 nett per table FREE Flow of Stout. Beer, Soft Drinks 4 etc (Min. 10 Tables) FAMILY DINNER $88.00 (8 10 persons) m IT'S STILL YOU AND YOUR CROCODILE N> a >L A, PUT ON A CROCODILE WEAR A LEGEND AVAILABLE AI CENTREPI WIT IV-35 MARINA V
      93 words
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      Page 1 Advertisements Column 2
      217 1 Full report, PAGE 18 Rog marktti, PAQE 20 World mortals, PAQE 21 Editorial Comment: 12 S'pore-Johor ties blooming Doomsday books 12 Not selling as well as expected US departments 13 Battle for efficiency Glaxo 2 Drugs for nervous disorders Ashton-Tate 2 Setting up regional HQ here Japanese fiscal reform 3
      217 words
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      Page 1 Advertisements Column 3
      244 1 Minolta EP49OZ with SiniH-Color. BREATHLESS. Reckless. New-wave movies? No. the state of two EL writers turned stunt drivers by courtesy of BMW. You can do it too. they say, adding, nostrils aflare, that they now "love the smell of burning rubber in the morning". Also in Executive Uteetyte tomorrow, our
      244 words
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  • HOME NEWS
    • Article
      Glaxo places $50m bet on new drugs
      586 2  -  Company sets up trust fund for NUS research By MARTIN SOONG GLAXO of the UK, which powered to the number two slot in world pharmaceuticals on the back of its record-selling anti-ul-cer drug Zantac, today placed a $50 million bet that new drugs
      586 words
    • Article
      Dr Tan praises firm for contribution to biotech R&D
      174 2 THE EDUCATION MINISTER, Dr Tony Tan, yesterday praised British pharmaceutical giant Glaxo for taking the lead in helping Singapore build up its research and development base in pharmaceuticals and biotechnology. Dr Tan said that Glaxo's $50 million trust fund to finance
      174 words
    • Article
      Four policies behind group's growth
      329 2  -  By TAN KEE WEE TWENTY YEARS AGO, the UKbased Glaxo Group was very far down on the world's list of pharmaceutical companies. Today, it is the world's second largest, based on its 2.9 per cent share of the pharmaceutical market. Four basic policies have been
      329 words
    • Article
      Private sector must catch up in training, says unionist
      290 2 THE PRIVATE SECTOR needs to catch up with the public sector in offering workers useful training, said a union leader yesterday. Speaking at the opening of an annual conference on training, Mr Goh Chee Wee, assistant secretary-general of the National Trades
      290 words
    • Article, Illustration
      Top software house to set up regional HQ in S'pore
      457 2  -  By WILLIAM CHIA ASHTON-TATE, one of the world's largest software houses, is setting up its regional headquarters and software development centre in Singapore. The headquarters will have sales, marketing, service, manufacturing, finance and product development divisions serving the entire Asia-Pacific
      457 words
    • Article
      OUB's new loan package for commercial property
      240 2 A NEW commercial property loan package featuring loan rates as low as 6.8 per cent has been launched by Overseas Union Bank. The interest of 6.8 per cent with maturities of one to five years is the lowest among the rates offered by
      240 words
    • Article, Illustration
      'Good time for HK investors to step in'
      471 2  -  By LEE HAN SHIH, SUZANNE SOH A HONGKONG INDUSTRIALIST feels that with the local economy and tourism sector growing at a steady rate of about 10 per cent this year, it is a good time for Hongkong investors to divert funds to
      471 words
    • Article
      Plan to increase number of psychiatrists
      191 2 IN A MOVE to improve the mental health care service, the government expects to boost the number of psychiatrists in Singapore from the current 47 to 98 by the year 2000 By increasing the number of psychiatrists, the government hopes to reduce the ratio
      191 words
    • Article
      New minimum sum in CPF
      178 2 FROM TOMORROW, all Central Provident Fund members who reach 55 years of age will need to set aside a minimum sum of $30,900 instead of the present $30,000. a government statement said yesterday. The 3 per cent increase, first announced by Labour Minister Lee Yock
      178 words
    • Article
      Consultant calls for setting-up of child-care training centre
      183 2 SINGAPORE needs a national child-care training centre to meet the rapidly rising demand for child-care specialists, said Professor Irving Lazar, a consultant with the Ministry of Community Development (MCD). Delivering the keynote address at yesterday's one-day conference on "Towards Quality Child-Care: The
      183 words
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      Page 2 Advertisements Column 1
      171 2 if g f, »< < M v, S i ->«4 v~ >'.. v' The hot selling IBM PS/2 Model 30 286 With extra power without the extra price! ->* "—kil f in >■ <- 5 >' c-ih <*#< f Recently introduced to the world, PS/2 Model 30 286 has become
      171 words
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      Page 2 Advertisements Column 2
      44 2 I SIM N G K I I. INTERNATIONAL IN KUALA LUMPUR WHKRK KLSK BI T THE SHANGRI-LA One of the worlds finest hotels. Shangri-La hotel SHANGRI-LA INTERNATIONAL: SINGAPORE 135 1311 sma*mm ia iwjwaiwai HtmLs -w kimntts (HIM nil ho««, to«. malavsa m*capow mah ami
      44 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Tokyo offers first formal apology to Pyongyang
      364 3 Reuter PRIME MINISTER Noboru Takeshita yesterday offered Japan s first formal apology to North Korea for its past colonial rule and post-war history of ignoring the Pyongyang government. He said he regretted Japan's past icy relations with North Korea and called for a
      Reuter  -  364 words
    • Article
      Lock icon S Korea reviewing trade ties with North
      259 3 AFP SOUTH KOREA is dropping its five-month-old policy of promoting economic contacts with North Korea due to the secret visit there of dissident pastor Moon Ik-Hwan, officials said on Wednesday. A spokesman for South Korean President Roh Tae-Woo's ruling Democratic Justice Party (DJP)
      AFP  -  259 words
    • Article
      Lock icon India, Thailand sign two agreements
      432 3 AFP UPI INDIA and Thailand signed two agreements in New Delhi on Wednesday aimed at stepping up economic cooperation, officials said. Thai Foreign Minister Siddhi Savetsila and his Indian counterpart P V Narasimha Rao initialled one of the agreements, paving the way for a joint
      AFP; UPI  -  432 words
    • Article
      Lock icon Garuda phasing out domestic flights
      280 3 AP GARUDA INDONESIA is phasing out its domestic operations to concentrate on an expansion of international flights. A company spokesman said yesterday that next month, Garuda's subsidiary, Merpati Nusantara, will take over domestic operations in eastern Indonesia to start the state-owned airline company's plan to
      AP  -  280 words
    • Article
      Lock icon Indonesia plans to ease traffic jams
      169 3 Bernama INDONESIA is considering imposing higher taxes on private cars and introducing a zoning system in four major cities as part of a plan to ease chronic traffic congestion in these places. The affected cities are Jakarta, the East Java provincial capital of Surabaya,
      Bernama  -  169 words
    • Article
      Lock icon Business zones in Soviet Asia
      145 3 Reuter MOSCOW is considering setting up two joint business zones in Soviet Asia to make high technology products with foreign concerns. "We are thinking about two zones in the Far East, in Nakhodka and Posjet," Ernest Obminsky, head of the foreign ministry department of international
      Reuter  -  145 words
    • Article
      Lock icon Australia's growth too rapid, says bank governor
      194 3 Reuter AUSTRALIA'S policy makers seriously under-esti-mated the economy's rapid growth and it might take a bit longer for it to respond to the current tighter policy, Reserve Bank governor Bob Johnston said. "Growth has been so rapid as to be seriously un-der-estimated by
      Reuter  -  194 words
    • Article
      Lock icon Takeshita rejects call to dissolve Lower House
      208 3 AFP PRIME MINISTER Noboru Takeshita yesterday rejected an opposition demand for the dissolution of Parliament to call a snap general election. Japan Socialist Party (JSP) member Tommiichi Murayams urged Mr Takeshita to dissolve the Lower House, criticising his stance on calls for a
      AFP  -  208 words
    • Article
      Lock icon Japan's consumption tax starts tomorrow
      515 3 AFP MAJOR fiscal reform goes into effect in Japan tomorrow with the introduction of a controversial consumption tax likely to further weaken the popularity of Prime Minister Noboru Takeshita's government. The three-per-cent tax, Japan's version of Europe's value added tax (VAT), will be applied to
      AFP  -  515 words
    • Article
      Lock icon Foreign investors worry about US solvency
      330 3 AP IF THE United States keeps spending more than it earns, other countries may stop pouring their money into US dollars, warned a high-ranking Japanese official on Wednesday. "Foreign investors have good reason to worry about the solvency of the US," Takashi Eguchi told
      AP  -  330 words
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      133 3 Fairstar, the Funship Singapore to Hongkong cruising after ASIO million refit. May 22 26, -l{pm S$ 1420 »>v «u ai > r 1 mm .!-(ikii—.iwn i ii H I >1 I 1 11 I 4K 31 *£i 3 isr/i > Be the Rrst to cruise the newly multi-million dollar refurbished
      133 words
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      133 3 V c: technology and design aranteed by this point. £V% K'v 3 »K 5- ..V jWil wT™ f -4 V xr BLAUPUNKT BOSCH Group it's a small point But it makes a world of difference. Blaupunkt Integral IS 70-78VT. Switched on, it provides a very clear picture and stereo sound
      133 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      77 3 Doonesbury CONGRZSSWOMAN, A iEARAGO.I TESTEP HIV-POSTTIVE. I STILL PON7HAVB ANY SYMPTOMS, W I m rm 1M m > '> K, ?jku'?klk UJHATS THE DCHNO TDEPfJCATE PEOPLE ABOUT T>€ FACTS CONCERNING AIPS SUFFERERS I'MAFRA/P NOT VERY MUCH.. BY GARRY TRUDEAU TO Om, HEALTH AUTHORITIES HAVE CONCENTRATE? THEIR EFFORTS ON PREVENTIVE PROGRAMS.
      77 words
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      147 4 Sharp-Roxy Corporation (VI) Sdn. Bhd. Lot 202. Baker Arang Industrial Kstate. Sungei. Petani. kedah. Malaysia Phone: (4) *****2 3.*****4 5 Telex: SRC MA***** Telefax: (4) *****4 Sharp-koxy Kleclronies (Corporation (M) Sdn. Bhd. PLO-i Kawasan Perindaslrian. Sri (lading. Batu Pahat. Johore Malaysia Phone: (7) *****6. *****6 Telex: SREC MA6os73Telefax: (7) *****0
      147 words
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      186 5 Today the Carlton officially opens. m •A Va 46 tte A BOARDROOM tfe K' ti VV'< 3 72 P: trJX S a i w. T~ aa m V ®3V X sc f. V > < *2# < Ti m i ii H I *3 li A W m r ,1
      186 words
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  • REST OF THE WORLD
    • Article
      Lock icon Negotiators seek to salvage trade talks
      768 6 Geneva meeting may produce favourable results Reuter TRADE negotiators meeting in Geneva next week are expected to breathe new life into the Uruguay Round of world trade talks, left gasping in Montreal last year. "We are at this point optimistic we will get a
      Reuter  -  768 words
    • Article
      Lock icon Argentina once again on border of hyper-inflation
      176 6 FT INDEPENDENT economists are predicting that Argentina is again on the border of hyperinflation, with monthly rates due to surpass 20 per cent in May and likely to deteriorate further thereafter. At the same time, panic buying by speculators of US dollars has
      FT  -  176 words
    • Article
      Lock icon Third World growth expected to slow down to 3.4 per cent
      670 6 AP REPRESENTATIVES of Third World countries gathering for global financial talks in Washington are being told that Third World economies will grow by only 3.4 per cent this year, down from 4.4 per cent in 1988. Today marks the
      AP  -  670 words
    • Article
      Lock icon Bonn consumer prices up
      87 6 AFP WEST GERMAN consumer prices rose 0.2 per cent in March according to provisional figures released on Wednesday by the federal statistics office. Inflation rose to 2.7 per cent a year in March according to unadjuated data, compared to 2.6 per cent in February and January.
      AFP  -  87 words
    • Article, Illustration
      Lock icon US may have to accept compromise with EC
      387 6 AP US OFFICIALS are reluctantly conceding that they will have to accept compromise language in a fight with Europe over farm price supports in order to avert the collapse of international trade talks. Agriculture Secretary Clayton Yeutter said on Wednesday that he
      AP  -  387 words
    • Article
      Lock icon Sales of new US homes down 9.4pc
      159 6 AFP IN ANOTHER sign that the US economy is slowing down, the Commerce Department said on Wednesday that sales of new, single-family homes in February plunged to their lowest level in more than a year. The department reported that such sales translated into
      AFP  -  159 words
    • Article
      Lock icon Canadians urged to be self-reliant in trade with US
      486 6 UPI CANADIANS should learn to cope without government assistance in the area of free trade between Canada and the United States, said an advisory panel set up by the Canadian government to study the effects of free trade on labour. The
      UPI  -  486 words
    • Article
      Lock icon Soviet imports from West rose sharply last year
      362 6 Reuter SHARPLY HIGHER Soviet imports from the West in 1988 contributed to a major trade imbalance, official figures released on Wednesday showed Soviet foreign trade has been hit hard in recent years by lower world prices for oil and other raw materials,
      Reuter  -  362 words
    • Article
      Lock icon 30pc rise in consumption of energy seen by 2000
      446 6 Reuter GLOBAL CONSUMPTION of energy is expected to increase by about 30 per cent between 1966 and the year 2000, according to a United Nations economics expert. "World energy consumption is expected to reach a level of 176 million barrels of
      Reuter  -  446 words
    • Article
      Lock icon Fresh elections for 199 Soviet seats on May 14
      697 6 AFP SOVIET AUTHORITIES have announced that fresh elections will be held for 199 seats in the Congress of People's Deputies on May 14, indicating that the inaugural session of the revamped parliament would be postponed. On Tuesday, Foreign Ministry spokesman Gennady
      AFP  -  697 words
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      Page 6 Advertisements Column 1
      89 6 THE MOST LAVISH HIGH TEA IN TOWN AT ONLY SslO++ The selection is simply irresistable. Savour the best of Thai, Nonya,Malay,Chinese and Western savouries and Desserts. These mouth watering creations include Thai favourites like pumpkin and custard, colourful and delicately flavoured Kanom Teuh Pap, and lots more. SATURDAY 4.00PM 4.30PM
      89 words
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      55 6 ~<=)?-%/*==__**]">`<{:,=@?]|"@* Dim to unavoidable circumstances, the aircraft schedule could not be published today The business person's choice every Tuesday, Thursday, Saturday and Sunday. La\ int Changi Airport at 22K35 hours and arriving at Lester B Pearson International Airport ihe folio* ing day. Call your Tn\cl .Agent or Air Ctntdt tt
      55 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      87 6 z//*^ Miami Montreal Moicow Nassau ruiuj n#w utini New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome San Fris'co San Juan Santiago Saa Pauio Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw w asntngion 26/23 Ooudy 19/04 Clear 06/00 Snow 29/20 Clear 26/14 Clear 07/04 Rain 18/10 Clear 08/02
      87 words
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  • BANKING AND FINANCE
    • Article
      Lock icon US government takes over 20 Mcorp units
      528 7 NYT MOVING to halt heavy withdrawals of deposits that could have threatened the stability of the Texas banking system. US federal regulators have taken over 20 insolvent banks owned by Mcorp of Dallas, the second largest banking concern in Texas. Federal regulators said
      NYT  -  528 words
    • Article
      Lock icon US cracks major Latin drug money-laundering ring
      702 7 UPI US ATTORNEY-GENERAL Dick Thornburgh announced on Wednesday that criminal charges have been lodged against banks in Panama and Colombia and at least 127 individuals, culminating a lengthy undercover investigation that cracked a US$l billion drug money-laundering ring. Mr Thornburgh, joined at a
      UPI  -  702 words
    • Article
      Comex gold/silver futures
      172 7 Gold futures on Mar 29, 1989 100 troy ounces; USS per troy ounce Open High Low s«m« Mar 383.30 -0.30 Apr 385.30 385.30 381.80 38X50 May 395.50 0 30 Jun 388.00 389.40 385.80 387.50 -0.50 Aug 393 00 395.30 391.00 393.70 -0.60 Oct 399.00 401.00 397.30 398.70
      172 words
    • Article, Illustration
      Lock icon IMF, World Bank meetings to focus on Third World debt crisis
      463 7 AFP THE URGENT NEED for a global strategy to handle the ever-increasing Third World debt crisis will dominate meetings of the International Monetary Fund (IMF) and World Bank which begin in Washington this weekend. The discussions, analysts say. will
      AFP  -  463 words
    • Article
      Lock icon Visia faces abnormal withdrawals in three branches in Penang
      292 7 Bernama VISIA FINANCE Bhd says except for its three branches in Penang, there were no heavy withdrawals in its 15 other branches throughout the country. Chief executive Ooi Sang Kuang told Bernama on Wednesday that he did not see any reason
      Bernama  -  292 words
    • Article, Illustration
      Chase sees strategic role for S'pore
      537 7  -  By OUAK HIANG WHAI US-BASED Chase Manhattan Bank sees Singapore as a "microcosm" of its global strategy in which the republic could play a strategic role in the bank's international network. This point was made by the bank's visiting president, Mr Thomas Labrecque, when
      537 words
    • Article
      Big jump in profit for leading Nordic group
      320 7  -  By DEXTER LEE SKANDINAVISKA ENSKILDA Banken (South East Asia) Ltd, the Singapore subsidiary of the largest banking group in the Nordic region, has reported a six-told jump in pre-tax profit in 1988. Managing director Lars-Olof Odlund told BT that the Swedish merchant
      320 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      173 7 Tlie only watch you'd wear when you deckle to givih life by the wrisi, aixl start calling die shots. hf r* mn.. SOLE AGENT: WELL TIM K. SINGAPORE PTE LTD Authorised Dmliti Cortina Watch Centre Pte Ltd Tel *****28 Smcare Watch Co Pie Ltd Tel *****06 Watches ol Switzerland Pte
      173 words
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  • MONEY AND EXCHANGES
    • Article
      Government Securities Market
      110 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO Offft MK3M LOW 3 months BQ*****V 29.06.89 3.88 3J3 3.86 3.81 6 months BS*****N 17.08.89 3.91 346 1 year BY*****H 23.11.89 3.96 3.91 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate MO
      110 words
    • Article
      Forex markets
      1589 8 SINGAPORE: The US dollar was lower In active trading on positionsquaring yesterday, dealers said. The dollar ended lower at 132.45/55 yen and 1.8880/90 mark, against New York's close of 133.30/35 and 1.8940/45. The dollar is likely to trade around 131.50 to 133.50 yen and 1.8750 to 1.8950 marks
      1,589 words
    • Article
      Money markets
      52 8 THE OVERNIGHT RATE on the Singapore money market closed unchanged yesterday. Short-term rates fell by 1/16 point across the board. S$ Interbank rates at the close yesterday: OWH MO Of5 4 3/4 1-monrti J l/| J 2-monrti i 3/14 3 |/»6 Smart* J 1/4 J l/i Ov•might mod*
      52 words
    • Article
      Lock icon Simex
      511 8 BA Futures JUNE Fwodsiai' futures yesterday opened 13 ticks higher than Wednesday s Simex close at 80.21 followinfl good demand in the US Treasury's tour-year note auction, lower federal funds as well as a fall in oil prices. Prices continued to trade higher on firmer US Treasury cash bonds.
      BA Futures  -  511 words
    • Article
      IMM
      328 8 MOST IMM foreign currency futures ended with slim gains near session lows on Wednesday after eroding late in the day. The market advanced early in a technical correction to recent steep losses but was unable to maintain the gains. Late weakness was most pronounced in the yen, which settled
      328 words
    • Article
      Options
      1402 8 CURRENCY FUTURES OPTIONS Thursday, Mar 30, 1989 DEUTSCHE MARK (SIMEX) Ayr M cam High Law I Sett A* High M putt Law Sett S3 1AA 14 94 II 80* ASA 66 55 2 158a ISA 56 II 1 57 CA8 Jun M c«N* Ittgh Low lea Jun High M
      1,402 words
    • Article
      Asian dollar market
      271 8 ASIAN DOLLAR deposit rates ended slightly lower yesterday compared with Wednesday's close, after quiet trading. Dealers said the rates weakened on news of a 0.3 per cent drop in US February leading indicators, a softer federal funds rate and a rise in bond prices. One-month closed at
      271 words
    • Article, Illustration
      World Interest rates
      191 8 Indicates tha avaraga of tha prim* tending rataa of 12 ma|or banks In S'pora Interbank market rates (offer/bid) on Mar 30 us$ DM SWFC Y«n 7 day* 9 IS/1* 13/1* 13 3/0 13 1/4 S 3/4 S S/» s 7/a s 3/4 4 3/4 4 s/a 1
      191 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      85 8 TOO MUCH WORK? NOT ENOUGH STAFF? Maintaining a lean staffing situation is vital for healthy profits in today's economic climate I Thafs when SKILLTEK con assist! With Our Experienced Temps, you'll be able to supplement your permanent staff to achieve cost control and full productivity. Professional, Technical and OMce Staff
      85 words
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      Page 8 Advertisements Column 2
      55 8 m .<• vr i You experience our personal touch at Liang Court Regency. The experience begins with a sjK'cial welcome bouquet. And duringyour st;«v. you'll notice the many little things that get done quietly and efficiently. Come stay with us and exj>erience our |K*rsonal touches and comforts. For short-or long-term
      55 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      107 9 i*. ■fit**. fr 1 a It M «r t#; s m P® 3* A iA 3f I a "X x m r '<••>. <* x i \Hm in i < j «y*» 4 <-A lv x 0 IB /I# E A r c A r \n KM I V I
      107 words
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  • COMMODITIES
    • Article
      Lock icon Gold price likely to bounce back: study
      468 10 FT THE PRICE of gold could bounce back strongly from the current level of under US$39O a troy ounce but is unlikely to move above US$45O in the years to 1992, according to a study published in London on Wednesday by the Economist
      FT  -  468 words
    • Article
      Lock icon Tin prices climb to three-year high
      264 10 Reuter TIN PRICES reached their highest levels in three years on the European free market on Wednesday as merchants and end-users scrambled to secure scarce supplies. Dealers said action by the Association of Tin Producing Countries (ATPC) to limit exports in order to cut
      Reuter  -  264 words
    • Article
      KL Tin
      193 10 WIDESPREAD BIDDING pushed the Kuala Lumpur Tin Markat price to a new three-year high of M 525.02 a kg, up 20 cents from Wednesday's close. "Tightness prevailed as miners ware unable to match the demand, as noted during the last law days," one broker said. Another said: "Some
      193 words
    • Article
      Wheat
      176 10 CHICAGO BOARD of Trade soft winter wheat futures closed mixed on Wednesday, with new crop prices higher in mostly light professional trading. Wheat prices held within narrow ranges, with oldcrop May closing 1/2 cent lower and new crop months 1/4 to one cent higher. Much of Wednesday's trading involved
      176 words
    • Article
      London Markets
      264 10 London OF Rotterdam Commodity Apr/May 490* (500*) Exchange London Metal Buyer/Seller closing prices on Mar 29, (£/tonne unless Exchange specified). Previous closing Afternoon session closing prices in parenthesis. Coffee tone and prices (£/tonne). on Mar 29 Previous closing prices and Basis in-store London, sellers total sales in parenthesis
      264 words
    • Article
      Palm Oil
      459 10 MALAYSIAN crude palm oil prices closed marginally higher yesterday, aided by the recovery in palm oil futures after reports that Egypt had bought up to 22,500 tonnes of palm stearin for May shipment. April south region closed Mss up at M 5922.50 a tonne after trading at M5917.5C
      459 words
    • Article
      Lock icon Crude Oil and Products
      159 10 Telerate FUEL OIL PRICES are notionally higher in the Singapore market in line with the firmer prices seen for Simex's HSFO futures. Market sentiment is still mixed but quite a bit of buying interest is to be found in the market. In Tokyo talk is heard
      Telerate  -  159 words
    • Article
      Soybean
      155 10 CHICAGO BOARD of Trade soybeans closed lower on Wednesday, settling near session lows in several contracts amid late professional selling. Forecasts for beneficial rain this week in the US mid-west corn and soybean areas weighed on new crop prices, as did traders balancing accounts ahead of today's USDA crop
      155 words
    • Article
      Produce Prices
      239 10 Chinese Produce No 2 (smaMhotders) 87.00 Exchange Bangkok Sellers' noon dosing Micas on Mor 30 (S$/100 kg) Gosing prices on Mar 30 Coconut oil (USS/tonne, FOB) Ml FOB 108.00 White Rice Otd drum FOB 118.00 100% 1* ckm 325 New drum FOB 122.00 100% 2nd doss 295 Copra
      239 words
    • Article
      Rubber
      307 10 SINGAPORE: Rubber prices ended easier yesterday with April 1 RSS buyer quoted at 203.00 cents a kg, down three cents from Wednesday's close, brokers said. The morning market recorded a two-cent loss on speculative selling and profit-taking in moderate trading. Values lost further ground in quiet afternoon trade on
      307 words
    • Article
      RAS and MRELB
      260 10 RAS prices In S conts/kg, FOB in bnlm 1 NOON CLOSE ftuyors Sellen Bvyors Settees Int 1 RSS Prompt 203.50 204JON 203.00 203.50 Int 1 RSS Apr 89 204.00 204JON 203.00 203.50 lot 1 RSS May 203J0 204.00N 203.00 203.50 Int 2 RSS OP 198.00 200.00N 197.00
      260 words
    • Article
      SSR and SMR
      79 10 (cann/kg) APRIL 1989 MAY 1989 (currant month) (forwo? ■d month; RAS NOON NOON IvyWi lyyfrl Salter* SSt 30 183.00 I85.00N 183.00 185.00N SS* 50 101.00 183.00N 1*1.00 *****N MRELB 8vy«n <-ii Jftn S*H*n SMt cv 2 ft®.50 390J0N 390-50 393JON SMt I 287.50 289.SON 389JO 291 JON
      79 words
    • Article
      Precious Metals
      425 10 HONGKONG: Gold closed firmer in moderate trading on buying from overseas investors yesterday, dealers said. Bullion ended at U*****.20/70 an ounce against an initial U*****.50/383.00 and Wednesday's New York close of U*****.75/382.25 On the local market, gold rose HK$6 to close at HK53.577 a tael. Dealers said bargain
      425 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1082 10 BOUSTEADCO SINGAPORE LTD ANNOUNCEMENT The Board of Directors is pleased to announce the audited results for the year ended 31 December 1988. AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 19M THE COMPANY Profit after taxation but before Minority Interest as a of turnover Profit before extraordinary items as a
      1,082 words
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  • FOCUS
    • Article, Illustration
      Lock icon Showing signs of strain as world's economic anchor
      506 11 Reuter JAPAN is finding out that being the anchor of the world s economy is not all it's cracked up to be as it prepares for international meetings in Washington later this week. It has to hold down interest rates when other
      Reuter  -  506 words
    • Article, Illustration
      Lock icon Japanese seek 7pc rise in wages
      577 11 AP AS THEY APPROACH annual wage negotiations, Japanese workers are not impressed by arguments that they are already the world's highest paid. The country's biggest labour organisation is demanding average raises of 7 per cent, saying Japan's high prices leave workers behind in real
      AP  -  577 words
    • Article
      Lock icon Why component makers moving into UK
      519 11 Reuter JAPANESE-OWNED factories in Britain, under pressure from the EC to increase local content in their products, have said that they have problems getting British components of the right quality delivered on time and at the right price. As a result, Japanese component makers
      Reuter  -  519 words
    • Article
      Lock icon Japan works towards closer ties in Asia-Pac
      710 11 Down from the dumps of the World War II defeat, Japan has emerged to be an economic power beyond the dreams of the then victors. Now under the urging of the same allies, Japan is trying to take on a lead role, cautiously.
      Reuter  -  710 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      370 11 HWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Hwa Hong Corporation Limited wishes to make the following announcement: AUUTED RESULTS FOR THE YEAR ENOEO 31 DECEMBER 1988 6roup 1988 1987 SS'OOO SSOOO 1987 SS'OOO 1. (a) Turnover (b) Investment and other income
      370 words
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  • PERSPECTIVE
    • Article
      S'pore-Johor ties blooming
      442 12 ALTHOUGH MAN was already aware of the benefits of specialisation as far back as the dim mists of antiquity, it was not until David Ricardo that this simple and elegant aspect of economics was subscribed to by trading nations. Ricardo's principle is based on the assumption that
      442 words
    • Article, Illustration
      Lock icon Crisis for dooms-day books
      1351 12  -  Authors of doom and gloom investment advice may be hot on the talk-show circuit, but their sobering tomes are gathering dust at bookstores. Financial survival books aren't selling, writes JONATHAN FUERBRINGER. JONATHAN FUERBRINGER NYT FRIGHTENED by the stock market crash of October 1907, the owner of
      NYT  -  1,351 words
    • Article, Illustration
      Lock icon Changing support for Cuban economy
      666 12  -  By GILLES TREQUESSER Reuter THE SOVIET UNION has kept the Cuban economy afloat but Havana is realising painfully that Mikhail Gorbachev may not allow this to go on forever, diplomats say. Since a US trade embargo in the 1960s forced Fidel Castro to seek help
      Reuter  -  666 words
    • Article
      The Wesley Vale venture: When two hands are tied
      843 13  -  Worldwide awareness about the need to protect the environment has been a controversial affair. But now, a giant paper pulp project in Australia has been squashed by environmentalists. By BRIAN GOMEZ AUSTRALIAN Prime Minister Bob Hawke's Labour government wanted it badly.
      843 words
    • Article, Illustration
      Lock icon Fashioning India's sparkling exports
      559 13  -  By DEV VARAM Reuter INDIA'S largely illiterate diamond workers are badly equipped and appallingly paid by international standards but they can work on stones the size of a pinhead and they provide India's most lucrative export. Six hundred thousand diamond cutters, polishers and traders are concentrated
      Reuter  -  559 words
    • Article, Illustration
      Lock icon A battle for efficiency between US departments
      1004 13 United States electronics and aerospace companies have complained of losing massive overseas orders because of Washington's sensitivity about export of militarysensitive technology. But now they are trying to sort it out in the face of increasing competition. NYT PRODDED BY the aerospace and
      NYT  -  1,004 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      118 12 THEIR PHONES M/EN'T STOPPED mmxm The effectiveness of advertising in Business Times has been proven yet again. Mr Mo Xiao Hui and Mr Albert Adam of M V Marketing Pte Ltd jointly placed an advertisement in the Business Times on January 12 13,1989, to attract investment entrepreneurs and property buyers.
      118 words
  • Page 12 Miscellaneous
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      407 13 Balance Sheet as at September 30, 1988 National Australia Bank Limited and subsidiary companies Holding Holding Auditor's Report to the Members of National Australia Bank Limited we have audited the accounts in accordance with Australian Auditing Standards In our opinion the accounts of National Australia Bank Limited and the group
      407 words
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  • LEISURE
    • Article, Illustration
      Lock icon Combining ballet and modern dance
      628 14 DANCE Reuter TO MOST PEOPLE, classical ballet conjures up images of toe shoes and tutus, whereas modern dance means leotards and bare feet. But the line of demarcation is blurring. and no one would be more pleased than choreographer Twyla Tharp to see it disappear
      Reuter  -  628 words
    • SHORT TAKES
      • Article
        Lock icon New York Phil coming in August
        318 14 Agencies THE NEW YORK Philharmonic Orchestra will be back in Singapore this August on the first leg of a 15-concert Asian tour. Under the direction of Zubin Mehta, the orchestra will cover eight Asian cities from Aug 25 to Sep 14, giving two performances
        Agencies  -  318 words
    • Article, Illustration
      And the winners are...
      98 15 THE ACADEMY AWARDS Btat Picture: Rain Man. Best Actress: Jodie Foster, The Accused. Best Actor: Dustin Hoffman, Rain Man. Best Supporting Actress: Geena Davis, The Accidental Tourist. Best Supporting Actor: Kevin Kline, A Fish Called Wanda. Best Director: Barry Levinson. Rain Man. Best Original Screenplay: Ronald
      98 words
    • Article
      Lock icon Rain Man wins four Oscars
      581 15 AP RAIN MAN, the story of a conniving car salesman who learns to love his autistic brother, won the Academy Award for Best Picture on Wednesday night and brought top honours to actor Dustin Hoffman and director Barry Levinson. Rain Man also brought an award
      AP  -  581 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      777 14 Uiadt Tower Where to entertain. Steamboat Buffet AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Garoupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables variety of noodles SSl5+ per adult Sslo+ per child under 12 vears. IPSScII A miUCj CuUKT MCTti. 1 Tanglin
      777 words
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      Page 14 Advertisements Column 2
      142 14 330Bgg553^»w7rTr'*f# 1 i: :«3:(HI ;:M^.;::=;> *44 AIRWAVES y <_t s s«4k. ZODIAC y>v. WJ t EVERY i i •r Wi Certainly, a vereaflte 71 "ill 9M wrmmmmmmmmmmwi CA«**MII.L hotel fo+Hi.in Muxan 19 CmiMl Orel* to" Orchard Road Singapore 0822 Tat: *****22 Ampta fraa parking Car |ocitay* avw Mm New Year
      142 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      188 15 Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd floor Open 12 noon to 3 pm 6.30 pm to 11 pm. A© Centurv Park Sheraton Singapore 16 Nassim HiH. Singapore 1025 Telephone *****22
      188 words
    • Advertisement
      Page 15 Advertisements Column 2
      59 15 White out of Black Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. a it« P|p-~ 1986 Oiuil itats\ve i q <&. Kheinhessen OtC-: ir 6«'nony i»n« Homon 1 i w TOWER should bt diillto
      59 words
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      Page 15 Advertisements Column 3
      72 15 M CUM HIM because at the Hearthrob, we did the cha-cha, tango, samba, waltz, foxtrot, Viennese waltz it was simply wonderful. The music took us back to anoiher place, another time. So tonight, we're not 1 staying home we're going down to the Hearthrob to dance > the night away
      72 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      654 15 CRYPTIC PUZZLE ACROSS 4 Stop a chap having to sit around (6) 7 Check what may seem excessive? (4. 4) 8 Makes oneself heard to ears, possibly (6) 10 New gates for a platform (5) 13 Fight to start a boutique (4) 14 Get Henry to ring and ring (4)
      654 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1274 15 TV and RADIO All things wise and wonderful OUR CHOICE ALL CREATURES GREAT AND SMALL: One Of Nature's Little Miracles, 10.20pm, Channel 12 In this debuting episode, James Herriot finds his veterinary practice struggling to stay afloat after the war. Inevitable changes will have to take place and one of
      1,274 words
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  • SPORTS
    • Article, Illustration
      Lock icon Easy day's work as Lendl books semi berth
      372 16 TENNIS AFP TOP-SEEDED Ivan Lendl found little to criticise about his game after beating 10th-seeded American Aaron Krickstein in straight sets on Wednesday to advance to the semi-final round of the International Players Championship in Florida. "I'm not terribly worried about my
      AFP  -  372 words
    • Article
      Bright young star to watch out for
      423 16  -  By CHARLES SAVAGE LIKE THE RISE and ebb of tides, champions come and go cresting their fleeting wave of glory before fading. The Epson Singapore Super Tennis tournament next month will see some players who have passed their peak and are already sliding
      423 words
    • Article
      Lock icon More money in store for Indianapolis 500 purse
      387 16 MOTOR RACING UPI WINNING the Indianapolis 500 pole position, an honour that paid only U5573,500 last year, wilf, be worth more than twice as much because of a new contract with the race's largest prize donor. 'A new US$lOO,OOO cash award will
      UPI  -  387 words
    • Article
      Lock icon Disappointed Conner accepts verdict
      523 16 YACHTING Reuter AMERICA'S CUP skipper Dennis Conner said that he accepted a New York court's decision awarding the yachting world's oldest trophy to New Zealand but said he felt the cup should be decided on the water and not in the courts. Speaking to reporters at
      Reuter  -  523 words
    • Article, Illustration
      Lock icon Injury-hit Celtics overcome Portland
      523 16 BASKETBALL AP REGGIE LEWIS scored 27 of his 36 points in the second half as the injury-plagued Boston Celtics. using a patchwork line-up, defeated the Portland Trail Blazers 106-97 on Wednesday. th spite of the absence of Robert Parish and Kevin McHale, the Celtics' only deficit
      AP  -  523 words
    • Article
      Lock icon Welterweight champion paying heavy price to defend title in hometown
      395 16 BOXING AP SIMON BROWN, who hasn't fought in the US since 1986, paid a heavy price for the opportunity to defend his International Boxing Federation welterweight title next month in the American capital. Brown will face Alphonso "Bumblebee" Long, the
      AP  -  395 words
    • Article
      Lock icon ATP comes under fire for marketing move
      129 16 AFP THE ASSOCIATION of Tennis Professionals' decision to sign a US$56 million deal with the International Management Group has been slammed by a leading official of the sport's governing body. Mike Oavies. general manager of the International Tennis Federation, on Wednesday described ATP's
      AFP  -  129 words
    • Article
      Lock icon Rose broke foreign exchange laws, says magazine
      307 16 BASEBALL AP PETE ROSE brought U5546,197.54 in cash into the US from Japan in 1961 without declaring the money and was fined half the amount. Sports Illustrated reported in its April 3 issue. The magazine aiso said that the Cincinnati Reds manager consulted
      AP  -  307 words
    • Article
      Lock icon Louganis did not violate amateur code, says lawyer
      149 16 DIVING AP ALLEGATIONS that American Olympic diver Greg Louganis received money in violation of amateur athletic rules are false, his lawyer said at a labour commission hearing in Los Angeles on Wednesday. "Greg Louganis didn't receive any money in violation of US
      AP  -  149 words
    • Article, Illustration
      Lock icon Is fiery Ballesteros mellowing?
      319 16 GOLF AP FELLOW PROS who watch him play say Seve Ballesteros is a changed man, calmer and more purposeful in his work. "I think marriage has really relaxed him," Lee Trevino said following a practice round with the Spanish golfer in The Woodlands on Wednesday. "He
      AP  -  319 words
    • Article
      Lock icon Taiwanese takes surprise first-day lead in Malaysian Open
      291 16 AFP LITTLE-KNOWN Taiwanese Lin Chih-chen was the surprise leader at the end of the first round of the Malaysian Open golf championships at the Ayer Keroh Golf Club in Malacca yesterday. Lin carded a four under par 68 to take a cne-stroke
      AFP  -  291 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Hong Leong tells Apollo shareholders there is no conflict of interests
      377 17  -  By MAGDALENE NG THE HONG LEONG group has assured shareholders of Apollo Enterprises that there will be no conflict of interests in its sweetened takeover offer should the group succeed in gaining control. Hong Leong. which made a bid
      377 words
    • Article, Illustration
      Bousteadco to pay first dividend in seven years
      423 17  -  By ANDREA BORCH TRADING GROUP Bousteadco Singapore Ltd has reported a sharp 103-per-cent increase in group profit after tax and minorities to $3.8 million for the year ended Dec 31, 1988 and is paying its first dividend in seven years. On this
      423 words
    • Article
      Bandar Raya triples profit to M$4.59m
      407 17  -  By ROSIE TAN BANDAR RAYA Developments Bhd (BRD), the property arm of the Multi-Purpose group, has tripled its after-tax profit to Ms 4 59 million for 1968 on the back of a housing boom in Malaysia. At the company level, after-tax profit dropped 2
      407 words
    • Article
      Public Bank chalks up 24pc rise in after-tax profits
      407 17 PUBLIC BANK Bhd, Malaysia's fourth largest bank, has recorded a 24 per cent jump in profits after tax and minorities to M 535.77 million for 1988 Its performance last year was close to reaching its record set in 1983, when the
      407 words
    • Article
      Metroplex's major holders place out 20m shares
      396 17  -  By ELAINE KOH TWO MAJOR shareholders of Metroplex Bhd, a Malaysianbased property group, have placed out 20 million shares at 74 cents over the past two days through two Singapore brokerages The transaction will reap $14.8 million in proceeds for Tengku Idris Shah
      396 words
    • Article, Illustration
      Amcol buying Johor land for resort project
      608 17  -  By KEVIN GWEE AMCOL HOLDINGS Ltd is moving into the resort development business across the Causeway. Thia follows its unsuccessful attempt last year to purchaae three residential developments and some bungalow land in Singapore for a total of $48.5 million. In the latest
      608 words
    • Article
      Amtek Engineering maintains interim after-tax profits
      313 17 DESPITE the expiry of its tax-exempt pioneer status in June last year, Sesdaqlisted Amtek Engineering Ltd has maintained its interim after-tax profits. As Amtek is awaiting the outcome of its application for an extension of the tax incentive period, it has made full provision
      313 words
    • Article
      S'pore Bus Service profits rise 34.7pc
      231 17 DESPITE increasing competition from mass rapid transit. Singapore Bus Service Ltd managed a 34.7-per-cent increase in after-tax profit to $49.73 million for 1988. But Singapore's biggest bus operator cautioned that this year's performance may not match that of the past SBS attributed the good
      231 words
    • Article
      LATEST RESULTS
      639 17 HWA HONG Corp Ltd: Group profit after tax and minorities of $6 94 million ($5 55 million) on turnover of $153 63 million ($***** million) for the year ended Dec 31, 1968 Earnings per share of 5.9 cents (5.1 cents). Net tangible asset backing per share of $1
      639 words
    • SES
      • Article, Illustration
        Good corporate results fail to stop profit-taking pushing market down
        1140 18  -  »>y ANDREA BORCH THE LOCAL MARKET lost ground yesterday as good corporate results could not stem investors' profit-taking. The Straits Times industrials Index fell 3.83 points to close at 1,190.80, while the Business Times Composite Index lost 5.20 points to
        1,140 words
      • Article
        COMPANY MEETINGS
        96 18 gOoowooo park hotel UNITED: 41st AGM at the Tijtor Ballroom, Goodwood Pfrk Hotel, 22 Scotts Road, Singapore 0922 today, March 30, at 11.45 am HtTEL MALAYSIA LIMITID: 26th AGM at the Tqdor Ballroom, Goodwood Park Hotel. 22 Scotts Road, Singapore 0922 today at 1130 am a Malaya tin
        96 words
      • Article
        APPROVED ISSUES
        123 18 Company RIGHTS ISSUE 0 C Book Ont fof lwo |0 75 per shore Ei da<* March 9 Books do**: March 23 Acceptance Payment: May 12 George Town Three-for two $100 per shore En ds**: Morch 13 Books close Morch 28 Acceptonc* 4 Payment May 12 Inno-Pocific 8 (3
        123 words
      • Article
        PROPOSED ISSUES
        321 18 Company RIGHTS 1SSU€ Ayer Hitam Tin One for one SI 10 per shore Berjoya Corpn One for-one Q $100 por per dor* C t Holdings 27 million loan Docks in the ratio o1 S3 loon stock tor every live ordinory -V L.IJ Causeway Inv WOfti issue of $7,252,937
        321 words
    • Article
      SES SHARE INFORMATION
      5911 18 1M High IM Low Tal Cod* Company LMI Sato MAR 90 OCVol rooo) Day High Low LaalQ Buyer 1 uola Qr*a Dtv Dlv C*vr Qr*a rw Not P/E M Cap SECTION ONE MOOSTRIAL A COMMERCIAL 162 85 260 167 135 460 244 350 132 167 177 297
      5,911 words
    • KLSE
      • Article, Illustration
        KLSE finishes mixed
        3416 19 MIXED trading was registered for the third consecutive session at the Kuala Lumpur stock market yesterday. Neither bulls nor bears were willing to take the lead and this resulted in two-way price changes. While cautious dabblers took profits, interest was kept alive by rotational activity as new
        3,416 words
    • REGIONAL MARKETS
      • Article
        Lock icon Garuda to focus on expanding overseas flights
        282 20 AP QARUOA INDONESIA is phasing out its domestic operations to concentrate on an expansion of international flights, a company spokesman said. Qaruda's subsidiary. Merpati Nuaantara. will take over domestic operations in eastern Indonesia next month to start the state-owned airline company's plan to
        AP  -  282 words
      • Article, Illustration
        Lock icon Record close again
        559 20 Tokyo Reuter SHARE PRICES rose in Tokyo yesterday, taking the Nikkei index to a record close for the second straight day. "Investors are still buying with the launching of the new year and the market should continue up on this momentum until the middle of April," said
        Reuter  -  559 words
      • Article, Illustration
        Lock icon Weaker finish after slide in gold
        612 20 Australia Reuter THE AUSTRALIAN share market closed weaker yesterday following the expiry of options in leading stocks and another slide in the gold sector, brokers said. One said a sale in Seaworld Property Trust boosted turnover but did little to inspire the market. He
        Reuter  -  612 words
      • Article, Illustration
        Selling spree sends shares reeling
        1364 20 Hongkong PANIC SELLING sent Hongkong stocks tumbling yesterday after the key 3.000-point support point was breached late in the morning, brokers said. The Hang Seng Index lost 52.22 points to 2,980.76. Thin volume exacerbated the fall, although, at HK$l.O7 billion, volume was up on Wednesday's
        1,364 words
      • Article
        Lock icon Manila: Prices close mixed
        134 20 Reuter PHILIPPINE shares closed mixed on Manila s twin bourses yesterday. Commercials and industrials held firm on strong fundamentals, while minings and oils fell after drops in world metals prices and the absence of a fresh drilling report. The Manila Stock Exchange composite index closed marginally
        Reuter  -  134 words
      • Article
        Lock icon Seoul: Slight increase
        210 20 Reuter SEOUL STOCKS rose slightly in moderate trading yesterday with interest still focused on domestic companies, while stock prices of securities firms were depressed at the end of their fiscal year, brokers said. The composite index edged down in the morning session but ended 0.51 points higher
        Reuter  -  210 words
      • Article
        Lock icon Bombay: Mixed finish
        167 20 Reuter BOMBAY share prices closed mixed in active trading yesterday marked by scattered profit-taking at the close after the market opened firm. Brokers said the prof-it-taking was led by regional dealers who had been heavy buyers in the past two weeks. A few shares, however, rose on
        Reuter  -  167 words
      • Article
        Lock icon Taipei: Slightly higher
        397 20 Reuter MOST TAIWAN share prices ended moderately higher yesterday after trading in a narrow range for most of the day. dealers said. The weighted index rose 38.16 points, or 0.5 per cent, to close at 7,486.85 against Tuesday s 7,428.49 finish. Turnover also rose to NTJ66.57 billion,
        Reuter  -  397 words
      • Article
        Lock icon Bangkok: Index down
        164 20 Reuter THE Securities Exchange of Thailand Index fell 0.28 points to 440.07 yesterday on a turnover of 5,312,691 shares worth 533.17 million baht. Reuter MAR 30 BAHT Ao Kham Thai 406 Ayudhya Investment 37 75 Bangkok Agro-lnd 120 Bangkok Bank 277 Bank 0« Ayudhya 352 Charoong Thai
        Reuter  -  164 words
      • Article
        Lock icon New Zealand: Stocks lower
        111 20 Reuter THE NEW ZEALAND share market yesterday ended a day devoid of buyer interest with the prices of most leading stocks a few cents lower. "The market is drifting off and we expect that will probably continue," said one broker. The Barclays Index, which rose 3.30
        Reuter  -  111 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks end higher for third day
        816 21 New York Reuter WALL STREET stocks closed higher for the third consecutive trading day on Wednesday, but volume remained moderate. Traders said the slow pace reflected major indecision about inflation and recession dangers. Takeover stocks remained in the spotlight. The Dow Jones Industrial Average
        Reuter  -  816 words
      • Article, Illustration
        Lock icon Equities open mixed
        917 21 London Reuter LONDON equity prices opened mixed yesterday but with an easier bias in very quiet trading following Wednesday's UK February trade data and modest gains on Wall Street. Dealers said although the latest UK balance of payments figures showed a larger than expected £1.7 billion deficit
        Reuter  -  917 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1531 21 Reuter MILAN: Italian shares ended stable yesterday near Wednesday's level, with interest focused on blue chips Fiat and Pirelli and insurer RAS, brokers said. The MIB index finished unchanged from Wednesday at 1.027. Demand for blue chipe lifted the market after a relatively slow start. "RAS and
        Reuter  -  1,531 words
      • Article
        Lock icon UK insurer Guardian plans further expansion
        425 21 Getting ready for unified European market Reuter BRITISH INSURANCE company Guardian Royal Exchange pic has said in London that it has plans for further expansion in Europe. Chief executive Peter Dugdale has said that in the context of the unified European market, Guardian wanted
        Reuter  -  425 words
      • Article
        Lock icon BDDP announces takeover bid for BMP
        361 21 AFP THE FRENCH communications and advertising group Boulst Orut Oupuy Petit (BOOP) has announced a 1.15 billion franc (US$lB2 million) takeover bid for British advertising agency Boase Massimi Pollit pic (BMP). The move by BDDP. which has discreetly built up s 10.5 per cent
        AFP  -  361 words
      • Article
        Lock icon ABB results seen as guide to merger's progress
        480 21 Reuter SWEDISH-SWISS engineering group ABB Asea Brown Boveri announces its first annual figures today and analysts say lack of information from the company has made it difficult to assess progress. The merger of Sweden's Asea AB and Switzerland's Brown Boveri und Cie
        Reuter  -  480 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      106 17 This announcement appears as a matter of record only P.T. INDONESIAN FINANCE AND INVESTMENT COMPANY U5525,000,000 Note Issuance Facility Arranger Agent Standard Chartered Merchant Bank Asia Limited Tender Panel Members Arab Bank Limited ASEAN Finance Corporation Limited Banca Nazionale Dell' Agricoltura, Hong Kong Branch Bank Brussels Lambert, Singapore Branch Banque
      106 words
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      Page 17 Advertisements Column 2
      167 17 CURRENCY INVESTMENT AMI Kl< I XI'KI ss IVWK TEL: 321 3333 DON'T LET THAT QUIET EXTERIOR FOOL YOU. If. I i J 2 Vokime !nde« > 2 Volume Eeody tuning f7VoJum« KnowWdpe Depfh 1 Volume Oirffcne o* nowrfedge >F rj Between those elegant covers, the action is fast and furious.
      167 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      725 20 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF OAK INDUSTRIES SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the members of Oak Industries Singapore Pte Ltd convened and held at 6 Battery Road, #27-01 Standard Chartered Bank
      725 words
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      Page 20 Advertisements Column 2
      757 20 IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EAST POINT PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION [Pursuant to Section 290(2Kb)] At an Extraordinary Gen- J eral Meeting of the Company held at 36 Robinson Road #18-01, City House, Singapore 0106 on
      757 words
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      Page 20 Advertisements Column 3
      775 20 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF PART ANA PRIVATE LIMITED At on Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 15 Moonbeam Terrace Singapore 1027, on Monday, 27 March 1968 the following Special Resolutions were
      775 words
    • Advertisement
      Page 20 Advertisements Column 4
      145 20 LOST SHARE CERTIFICATES The following Share Certificates/ together with the relevant signed transfer deeds have been reported lost or destroyed:FAR EAST LEVINGSTON SHIPBUILDING LIMITED Certificate No. In the name of No. of Shares ******6 Chase Manhattan (S) 1 x 1000 Noms Pte Ltd ******7 D C Bank Noms 1 1000
      145 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      366 21 SINGATRONICS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors wish to announce the following: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1988 (h) Profit Attributable to Shareholders 5. The performance of the Group in 1988 has been affected against the backdrop of a significant slowdown in
      366 words
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  • Article
    Younger S'pore leaders committed to Asean
    525 22  -  Goh assures Suharto during 40-minute meeting By ANNA TEO MR GOH CHOK Tong yesterday assured President Suharto that the younger generation of Singapore leaders are committed to Asean and will build on the grouping's strong foundations laid by their predecessors. During the First Deputy
    525 words
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    National ideology paper will not be tabled this year
    329 22 A GREEN PAPER on the proposed national ideology will not be tabled this year as planned, but will be tabled next year or later, revealed Mr Goh Chok Tong yesterday. The First Deputy Prime Minister told the media he had decided
    329 words
  • Article, Illustration
    Raja warns of the danger of giving economic aid to Vietnam
    664 22  -  ASEAN UNITY AT STAKE, SAYS FORMER FOREIGN MINISTER By HARISH MEHTA ASEAN would face the danger of disintegration if its solidarity was bartered away for economic carrots offered by Vietnam, warns former Singapore Foreign Minister Mr S Rajaratnam. He
    664 words
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    Lock icon Viets repair links to China
    66 22 AFP VIETNAM is repairing the "Friendship Gate" road and rail routes to China that were ripped up by invading Chinese troops a decade ago, the Vietnam News Agency said yesterday. The entire frontier is highly militarised, but border trade resumed this year. Vietnam and China
    AFP  -  66 words
  • Article
    IBM, SIA and HP voted top three excellent companies
    660 22  -  By CHUANG PECK MING IBM, followed closely by Singapore Airlines and Hewlett Packard, tops the list of "excellent" organisations in Singapore, according to a management survey. The US computer giant was picked by an overwhelming 44 per cent of the 600-plus
    660 words
  • Article
    HDB awards three contracts for cement
    172 22 THE Housing and Development Board has awarded three contracts for cement at prices between $96.90 and $97.50 per tonne about $7.70 to $19.70 less than the market price. The HDB awarded the three contracts on March 27 to Ssangyong Cement ($96.90 per tonne), Pan
    172 words
  • Article
    Thailand to act on illegal workers issue
    199 22 THE THAI AUTHORITIES will take every action to prevent their nationals from breaking Singapore laws, said Thai Deputy Interior Minister Wattana Assawahem yesterday The Thai government will also help to publicise to Thai citizens who wish to work in Singapore that they do
    199 words
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    Lock icon Comex gold
    88 22 Reuter COMEX GOLD FUTURES were marked up on early buying yesterday, generated by a lower dollar and bargain hunting interest. Traders were also dressing up positions in anticipation of a firm opening in Nymex crude oil amid renewed worries over the Alaskan oil spill. Spot April was ahead
    Reuter  -  88 words
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    Lock icon Japanese firms to increase Third World investments
    281 22 AP JAPAN'S most powerful business organisation said on Wednesday that its members will increase direct investment in developing countries to aid indebted nations. The Federation of Economic Organisations (FEO) said it had set up two new semi-governmen-tal groups composed of representatives of leading
    AP  -  281 words
  • Article
    Lock icon Japan's new insider trading law starts tomorrow amid scepticism
    318 22 AFP JAPAN'S new law on insider trading comes into effect tomorrow but many analysts have already said it is too lenient, relying too much on self-restraint and may fail to prevent such transactions. The Securities and Exchange Law, amended in May
    AFP  -  318 words
  • LATE FILE
    • Article
      Lock icon Police storm shipyard
      34 22 AP ABOUT 10,000 South Korean police stormed Hyundai shipyard yesterday to put down a strike and arrested about 700 workers. Hyundai officials said it was losing US$6 million a day. AP
      AP  -  34 words
    • Article
      Lock icon Thailand closes reception centre
      39 22 UPI THE Thai military yesterday announced the closure of a reception centre in northern Thailand which processed Burmese dissidents who volunteered for repatriation. New arrivals from tomorrow will be arrested and prosecuted as illegal immigrants.
      UPI  -  39 words
    • Article
      Lock icon India's largest car shipment
      46 22 AFP INDIAN state-owned carmaker, Maruti Udyog, has exported 770 small cars worth US$3 million to Hungary, Cyprus and Malta. A spokesman said the shipment, the country's largest, pushed Maruti's export earnings to US$6 million this year compared with US$2.4 million last year.
      AFP  -  46 words
    • Article
      Lock icon Oil spill to foul shores for years
      52 22 AP THE largest oil spill in US waters has grown to 1,300 square km off the southern coast of Alaska. The governor said the oil may not disperse readily, but instead go "bouncing around like a pinball" fouling the shores for years to
      AP  -  52 words
  • Article
    Lock icon Razaleigh to form alliance with PAS
    260 22 AFP. Reuter FORMER MALAYSIAN trade minister Tengku Razaleigh Hamzah will soon sign an electoral pact with the fundamentalist Parti Islam (PAS) in a bid to unseat the Prime Minister, Datuk Seri Dr Mahathir Mohamed, his aides said in Kota Bahru yesterday. They said the
    AFP.; Reuter  -  260 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      90 22 THE PENTHOUSE If (HOLLAND RD) RESTAURANT I j 1 1 Holiarx! Avenue 304 01 Holland Snoppmg Centre Snore 10?/ Tel *****06 *****52 FREE! One Suckling Pig, for every table of Suckling Pig Set menu ordered. No Take-aways LOCAL SUCKLING PIG SET MENU $288 Cold Dish Special Shark's Fin Soup with
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      Page 22 Advertisements Column 2
      3 22 Focus, PAGE 11
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      Page 22 Advertisements Column 3
      62 22 Tha Comax silver report was not availabta at praaa Mma. Desk Top Pod Holder from USA, worth $9.50 (12 pods totalling /Zrffs CW' .jj NC 1 Sole Agent AWOtPkM Tel: 271 9222 Fax: 278 1639 6 pods of 1 V 4" x 2" 85C each 6 pods of 3" x
      62 words
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  • SHIPPING TIMES
    • Article, Illustration
      Antara Koh ventures into ship conversion activity
      482 23  -  By LILIAN ANG A SINGAPORE construction company, on a diversification drive, has ventured into the vessel conversion business. Antara Koh, a civil engineering company, has just completed its first contract to convert an ordinary barge into a self-unloading vessel for carrying salt. But
      482 words
    • Article
      Lock icon Yangming allowed to order 14 new container ships
      383 23 The Journal of Commerce TAIWAN has approved plans by state-owned Yangming Marine Transport Corporation to order 14 new container ships (or more than US$6OO million. The vessels, each with capacity equivalent to 3,500 20-foot boxes, will be built by state-owned China Shipbuilding
      The Journal of Commerce  -  383 words
    • Article
      IPQPORTSIDES
      99 23 Salvors to lift boat A SALVAGE ship is on its way to try to lift a motor launch which capsized in southern Bangladesh and sank with 300 people on board, officials said. Most of the passengers had swum to safety, but there could be a few people trapped in
      99 words
    • Article, Illustration
      Lock icon In search of new cruise destinations
      1727 24 Seatrade SCENICALLY and culturally, the lands and seas of South-East Asia offer a near perfect environment for cruising tropical beaches, fascinating and bustling cities. In the search for new cruise destinations. it presents great potential but it will require confident development and nurturing if
      Seatrade  -  1,727 words
    • Article
      INDEX TO ADVERTISERS
      959 24 AB Slpo V 5 ABC Contomer a 1 Accord Shpg VI 1/2 ATS 1 4 Ahrenkiel liner X 4 Albatros Sao-Air V 3 AlHrom IV 1 AC Toeptor n s Amer<on Tpt 1 4 Anro Soviet IV 2/3 Arrow lines a s Assoc Comoge 11 5 ANl
      959 words
    • Article
      Lock icon Sharp drop in traffic from Trans-Siberian service
      539 25 The Journal of Commerce THE SOVIETS have reported a sharp decline in traffic and hard currency revenues from the highly publicised Trans-Si-berian Container Service between Europe and the Far East The USSR Ministry of the Merchant Marine said the railroad service s share
      The Journal of Commerce  -  539 words
    • Article
      SHIPPING EVENTS
      131 25 April 3-5 Singaport 89, Raffles City Convention Centre. Contact: The Conference Manafler. Times Conference Pte Ltd, 19 Tanglin Road, #12-01, Tanglin Shopping Centre. Singapore 1024. April 4 Auto-draught recorders, technical meeting, 1730 hrs. Institute of Marine Engineers, The Memorial Building, 76 Mark Lane, London EC3. April 11-14 Freight
      131 words
    • Article
      SHIPPING LIST
      7393 30 AAAHUS Ever QUfflour Evargraan. March 31 Ming Emgt Vang Ming. April I. Ninon ScanOutcht. April 3 Noraata Ai Muntaiah Noraala Llna. April 4. Yin Ha. CMna Ocaan Shpg. April 4 Evar Grada. Evargraan. April 5 Arthur Maarak. Maarak Llna. April B Hongkong Eipraaa. Trlot. April «(P*) VlUa da
      7,393 words
    • Article
      LONDON FREIGHTS
      862 30 THE DRY cargo freight market remained quiet in most sectors on Wednesday, although reports that the Soviet Union had purchased up to two million tonnes of US corn could see it back in the market for more tonnage, brokers said. A lump sum of U*****,000 was paid for
      862 words
    • Article
      SHIPS IN PORT
      1360 30 AT CONVENTIONAL WHARVES VmmI B«m i Arrival Departure KEPPEL WHARVES CMr KIS 3i av iooo OmngiMg K17 okMQaid* 31 03/2300 Enropa/f KI4 otoflgwto 3103/1(00 lo»«« i mm uo okmgwde 01 04/2300 Koto lorto* K32 olon^tidc 31 03/1*00 bnco 1 K30 otoflgud* 0104/2300 tin M.l.la KM oio^adi 3103/1
      1,360 words
    • Article
      BUNKER MARKET REPORT
      572 32 f Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 991 1.0 15.0 0.10 30* 0.15* Spec G35 991 1.0 18.0 0.15 30* 0.15* Northern Europe 180 Ave 982 0.2 13.4 0.05 8 0.04 180 Max 992
      572 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      724 23 *D v TIMES STP Distributors JAROINt SNIPPING AGENCIES 200 Cantonmant Road #12-05 SoMthpomt, Sfflgapora OSM T« *****11 TELEX NO US ***** TERMINAL/CFS Td *****11 220 BOOKINGS W *****34 235 KSAKA JAROINE SNIPPING AGENCIES SON. BHO. PORT HEIANG TEL *****11 Tatar No. MA*****/MA3VOI .J l mmnmm KNANfi TIL *****4 TELEX NO
      724 words
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      Page 23 Advertisements Column 2
      54 23 mm SCENICALLY and culturally, the lands and seas of South-East Asia offer a near perfect environment for cruising tropical beaches, fascinating and bustling cities. Page II THE SOVIETS have reported a sharp decline in traffic and hard currency revenues from the highly publicised Trans-Siberian Container Service between Europe and the
      54 words
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      Page 23 Advertisements Column 3
      960 23 y *>**hii TIMES STP Distributors Ttmrs PuMn/Mi9 Croup MAERSK LINE 31/3 7/4 13/4 14/4 20/4 21/4 27/4 28/4 4/5 S/S 12/5 19/5 ETA ETD This mk Arthur M CMng Tim® CY 5/4 2300 MRS CFS 5/4 1300 MRS LEXA M MCKINNEY M L£DA M LICA M MARIT M MARCHEN M
      960 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      632 24 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HONGKONG EXPRESS MONTE ROSA ALASKA MARLI CITY OF EDINBURGH LARGS BAY BONN EXPRESS BENCAIRN LONDON EXPRESS P KELANG SOUTHAMPTON 8/4 HAMBURG BREMERHAVEN 30/4 ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLANO DESTINATIONS. BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA
      632 words
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      Page 24 Advertisements Column 2
      18 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National \vftaj24r<y Shipping Association.
      18 words
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      Page 24 Advertisements Column 3
      877 24 REGULAR INDEPENDENT FULL CONTAINER SfcH TO EUROPE NORASIA AL MUNTA2AH VKO4-3 NORASIA SAMANTNA V 8905-3 WOENSDRECHT VMO6 3 NORASIA MUBARAK V«907-3 PEN 1/4 17/4 25/4 2/5 (VIA FEEDER) LEH 2/5 21/5 1 Alto accepting cargo to all U.K. Destinations, Scandinavian (Aarhus, Copenhagen, Gothenburg) and other European Inland points. Anterp via
      877 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1298 25 S3 The Straits Steamship Group W* P&O Containers CONTAINER SERVICE TO UK/CONTINENT TOCAGA lAY HONS KONG EXPRESS wxm ROSA ALASKA MRU CITY Of CMMURGM LARGS MY MMM EXPIUS BENCAIRN LONDON EXPRESS Abo Accepting Cargo For: k Cl>m>iipw. Aartu. uoOwoburj. aaimo. Stockholm. RaflwOaa to Aatwarp. Ajml»i<—. Otlo. I«l< Zur*h lawtii* :to
      1,298 words
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      Page 25 Advertisements Column 2
      737 25 W C SAM )"~r. jSuCAmer corjco .ja;r-i$ S EXPRESS SEBVCE TO/from CHU VESSEL 5 P CTHt VtSs£L *<*0 **»CA K)Q ANTOfVALP SAI C"V 1 V 4 EASTERN SPUNOOUR u- u VJ2UU V* lA* CSAVI |l»4 |LUCII V 13Ct» m_ CAR6O FOR PUNT A ARENAS. TALCAMUANO (SAN VICENTE) ACCEPTED WITH T/S
      737 words
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  • Page 26 Advertisements
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      313 26 IXSINOSE MARITIME PTE LTD m ISLAMIC R«PUBLIC OF IRAN SHIPPING LINKS IRANIAN iEIVICE IRAN BAYAN PJLWI Singapore Loading for Sid BANDAR ABBAS KYOWA LINE ■OTHER VSI KYOWA VIOLET V 24 KYOWA HIBISCUS V S LOAO FOR: VILA, MIA. LTK, SUVA, PAGO, APIA GUAM. SAIPAN. HRA, VILA. NMA. LTK. SVA, PAGO.
      313 words
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      Page 26 Advertisements Column 2
      1070 26 0 HANJIN SHIPPING CO., LTD. kv: :.v oosTArNEßr.sfc-c. servi i TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST MN T/S PORT UK NAM W MS. UI HANJIN SEOUL Bt W M, MI HANJIN POMAN6 m PUS. KEE HANJIN KUNSAN UI MI PUS LA* OAK IZN I*4 JM m a*
      1,070 words
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      Page 26 Advertisements Column 3
      750 26 fx EVERGREEN Ful Centime- Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE ever GOLDEN CVU GLOK EVER GENIUS EVU GIANT EVU GENTRY EVER GATHER ALSO ACCEPTING CARGO TO: 'I MM.I ntt 2*M kn mm lIM pm UVM BMa.«asgs!a.gg. tarn *u dm i»E iuu EX bin tutt am nm 12*4 .3W 11*4 S 21*4
      750 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      549 27 IW PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES QINGDAO VESSEL SEA GLORY SEA OLORY SEA OLOfIY BLW PEN PKL SM In PI 1/4 2/4 4/4 7/4 S/4 9/4 11/4 14/4 IS/4 IS/4 IS/4 VESSEL SMO OCEAN SMO OCEAN SM HKG OOA 20/4
      549 words
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      Page 27 Advertisements Column 2
      259 27 INTEROCEAN LINE 7», 2nd Floor, Jalan 2/71, Tainan Tun Dr. Ismail, ***** KL. Tal: 71 #9734, *****94, *****26 TLX. NO. MA-37M3 FAX: 03-*****11 Panang Off: Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS BANGLADESH SHIPPING CORPORATION INDONESIA EAST ASIA REGULAR LINER SERVICE Loading for Inchon Bujan Yokohama Kobe Nagoya
      259 words
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      Page 27 Advertisements Column 3
      483 27 BEN LINE CONTAINERS TASMAN ASIA SHIPPING NEW CALEDONIA. FIJI AND X.Ui SIN MAIN LIN€ (TS) HKG NOUMEA SUVA AKL NAP 31/3 E.R. BRUSSEL YOYSS 14/4 6/5 11/5 14/5 15/4 TA VOYAGER IS 23/4 15/5 19/5 22/5 29/4 TA NAVIGATOR V3S 5/5 1/6 4/« 7/6 FROM NEW ZEALAND »jen'S 8*" l>n»
      483 words
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      Page 27 Advertisements Column 4
      517 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE VSL/VOY S'POI MATARAM/23W8 13-16 PALEMBANG/12WB 3-5/ KUTAI/16WB 15-1» ANTWERP H'BURG/ RDAM/ADAM BREMEN lift lift W 11/8 17/6 22/6 Subject lo Inducement. Also accepting cargo to
      517 words
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      Page 27 Advertisements Column 5
      444 27 BOUSTEAD SHIPPING AGENCIES MYOMAYWA VUM PA AN Vl3fW PAGAN VI4OW HTONEYWA V24SW BURMA FIVE STAR mpm MIMMTIMI (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok -CONTAINER SERVICE NORTHBOUND TO UKC SPOKE ROAM HMBG HULL CLYDEBANK V2SN Sid 27/4 1/5 4/5 TAMATAI SAMOA VISN 23/4 20 5 24
      444 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      734 28 Q K LIN I KAWASAKI KIShN KAISHA. LTD. OOCL FAITH NEPTUNE JAOE VU/OOCI FH OOCL FORTUNE AMBASSADOR BRIDGE OOCL FAITH NEPTUNE JAOE OOCL FORTUNE VIA FEEDER VIA FEEDER VOY LB 12 25/2 17 9/3 13 18/3 CHLS NFK 7/3 9/3 19/3 21/3 29/3 30/3 NYC HFX 11/3 15/3 23/3 26/3
      734 words
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      Page 28 Advertisements Column 2
      57 28 fa, ft 4\ j'K GOLDENWAY MARITIME SDN. BHD. ETA ETD Loading For NEW LINE No.l Vl/89 In Pt 28/3 Labuan/M.n SANTOS Vl/89 In Pt 31/3 KK/Tawau SWEE ANN SATU V 5/89 2/4 5/4 Kuch.ng/KK/Labuan 6A, Lorong Cempening, off, Jin. Berangan. Port Klang, *****. S«langor Tel: *****00. *****84 A *****88 Fax
      57 words
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      Page 28 Advertisements Column 3
      574 28 AUSTRALIA EXPRESS CONTAINER SERVICE Acc«p«»ng FCL/FCL Container* '/U TULSIDAS ¥.40 KALIDAS *42 TULSIDAS V.41 KALI OAS V.43 TULSIDAS Y42 Tranrt tm Sinppora Malbourrw INDIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Container* KALI DAS V.4IH TULSIDAS V.4OH KALIDAS V.42H TULSIDAS *.41M KALIDAS V.43H Smgaport P KeUng Panang loading lor Mothar Vil By
      574 words
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      Page 28 Advertisements Column 4
      561 28 2K GOLDEN LINE GU«N GUAN SUPPING (Pit) LID i), r«M Ay«f Str(*l SMCAPOM MM rtl UUW <14 LINES) ft. VMBM STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cokxnbo/KjradM/Outa GOLDEN BEAR CotomtaKfficOi/Outw CHINA SERVICE A VESSEL Huinfpu: Stanch* PR6ton Pen n < 15/11 Apr Z CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC
      561 words
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      Page 28 Advertisements Column 5
      549 28 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD »07-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 \tii Mi n;-! ir-YTT ETA SINGAPORE I DESTINATION i MBit* Ml r m I vmTW V»jTTVBI -1 -I .u t222E<£2Ml V*. M, 14/4 rrm NEW GENTRAOE M |CHITTACOI>C I mi/wEiT
      549 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      843 29 Afttflh Spore NtfTUtC AGCHCKS PH. LID. Gttwal Bookmp Booking! Inward/ letmitut CfS fnquttm F( (UMUSr IPA/SCA Outward *****22 *****43 man? 2mra 2/85/42 2imu 2WOUI 2/9)116 2/WIIB 2/»l« ICPIME SON BHO PKcteM K lumpur Ptnang 16ms/ *****31 *****5 NEPTUNE SSS? -£g SS 1 (ami EXPORT IMPORT 1 n C>jk'i f.lw 11
      843 words
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      Page 29 Advertisements Column 2
      419 29 STRAITS/KOREA SERVICE Vessel's Name ETD BS SPORE PKIG REE BUSAN MOJI NO I OONAM/K3N 16/03 In Port 30-31/03 M-00/04 11-13/04 12/* *MAGNET/M3N 24/03 05-0004 03-04/04 14-14/04 15-20/04 20/04 NO 9 OOHAM/*BN 30-31/03 10-12/04 13-14/04 22-22/04 25-27/04 2004 OGLORIA/904N 00/04 10-10/04 20-21/04 20-29/04 04-05/05 OS/OS NO lOONAM/904* 14/04 24-20/04 27-21/04 0041/05
      419 words
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      Page 29 Advertisements Column 3
      160 29 bx JE CONTAINER LINE I A TEL: *****59 FAX *****63 NEW ZEALAND/ AUSTRALIA m FREMANTLE MELBOURNE 1/4 9 11/4 1/4 A 11/4 EUROPE/ UK i" NOW LOADING JAPAN NEW ZEALAND JE CNTP LINE CP KELANG) TEL (03) 36' 1200 I JE CNTR LINE (PENANG) TEL (04) *****6 INDIA/S.E. ASIA ComwilloMl/
      160 words
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      Page 29 Advertisements Column 4
      736 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTO SINSOV BUILDING 55, Harket Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PfNANC P. KELANG MISSMS MAI I HONC SHIPPING 12/ Penan*. Malaysia M,S HANOIINC SYSTEM CO SON BHO
      736 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      339 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. 11l 225 MM (.14 lnn| FAX *****39/*****/6 fUiX MS 20.188 A/B S.SDMA. HS ***** A/H SSCAI) r DSR-LINES vEB OEUTPPACHT sggqesoeßE i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE •VIA lARNACA: ACCEPTING CARGO FOR U6USSOL, BEIRUT. LATTAKIA, ALEXANDRIA,
      339 words
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      Page 30 Advertisements Column 2
      72 30 T.S.K. LINE >\ WEEKLY CONTAINCRISCO SCHVICC IVITM PIXEO OAY ARRIVAL EXPORTS TO TAIWAN ft JAPAN ULJLMIJH -_j| j Mtms Act vx IMPORTS FROM JAPAN ft TAIWAN HIMKS ACI «o LaumuEiEaEiJi^nS 93B99CQQQQ smaaQommy KJ3UU J! M\ EXPORTS TO SURABAYA TSKLINE AGENCIES (S) PTE LTO TEL 225AM8 W. MALAYSIA AGENT TRANS-ASIA SHIPPING'
      72 words
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      Page 30 Advertisements Column 3
      172 30 !>l SIGMA EXPRESS (S) PTE LTD > (INTERNATIONAL FREIGHT FORWARDERS) FAX *****75 TLX: RS ***** SHIP TEL: *****44 (6 Unas) WEEKLY LCL7FCL CONSOL. SERVICES TO VANCOUVER, TORONTO, MONTREAL (CANADA) SPORE VANCOUVER TORONTO MONTREAL SCHENKER I 8 4 1/5 7/5 1/5 SCHENKER II 15/4 1/5 14/5 15/5 SCHENKER 111 22/4 15/5
      172 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      150 30 I Regional Weather t 0i K* 1 <: V o 1 52 V 05 A M EltLl£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M March 91,1M9 W«*i drection with ipnd m knots Wove height LEGEND: R Thunderstorm Temperoture c X\ y Shower Weother Wnd Erection with speed in knots
      150 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1572 31 CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE COMM-m ljn< *ST IMIUM AMD It* PAftAMTTA-VPS It/4 CALCUTTA H—yylM <* Is M Tom And AN Vat* Mm 1* |Wi PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND OAMMAN. VESSEL KUANTAN PT KLANG PENANG HINGLAJ 29-31/3 SUNOERBANS
      1,572 words
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      Page 31 Advertisements Column 2
      273 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 i EL IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPOR* EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALWASITTI 7/4 S Korea. Japan ALSO ACCEPTING 77T TAINERS UPTO AQABA A BACNOAO REEFER SPACE AVAILABLE OPTO AQABA LOAOINC CONTAINIRS/CONVENTIONAI
      273 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      479 32 W FL SHIPPING PI \n n PS FINE-LINER SHIPPIN( 11mll'M SHENTON WAY #04 0?C UH MARINA HOUSE S PORE 020? RS ??M1 FIINER FAX 22W846 1 TEL: *****77 (12 LINES) MIDDLE EAST SERVICE (FCL A LCL) Y&Y.S.N.LIN REGULAR IAPAN HONGKONG STRAUS SERVICE Yoshiumi Yamakuni Maru Sums Spica 9 ge V.
      479 words
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      Page 32 Advertisements Column 2
      431 32 ZIM FULL CONTAINER SCRVICC accaettef FCL/LCL carpm to USA Eaat A Watt C«Mt. Carribbaan.Eatt Canada HAITI Carta Rica. II Salvador. Guatemala. Honduras. Venezuela. Pare, Ecuador. Ciliatoli via I—l, Trinidad. Bartada*. Antigua St. ACCEPTIN6 CARGO TO AOEIAIOE VIA MELBOURNE ADO ALSO Fa 10 GUAM ZIM EMIT C9MT/UNEH UME yrr rnf VCE
      431 words
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      Page 32 Advertisements Column 3
      270 32 rra Hrf* J—J at! Everett Steamship Corpn.S A PERINTIS LINE WEEKLY Full CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRABHAKTI (TUES) PRASETIA (FRIDAY) 248-249 4/4 5/4 7/4 7/4 250-251 11/4 12/4 15/4 15/4 252-253 11/4 19/4 22/4 22/4 VOY
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      Page 33 Advertisements Column 1
      261 33 Seabtfdgfe JEURO WGHWIIUHjIMO SERVICES SEABRIOGE EUROPE S SCANDINAVIAN NEEKLY rcgttt GROUPAGE FROM SINGAPORE PORT KELANG PENANG JOHORE UK, HAM, RWL I. HAVREANT GENOA, ARAHUS. STOCKHOLM. Htt. cm corse, Marseilles, osloi ail imanoOESTiNArwHSPOiNTS. SEABRDIGE FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCI/LCL GROUPAGC FROM SINGAPORE PORT KELANG PENANG JOHORE MUt mr. HK&
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      Page 33 Advertisements Column 2
      44 33 Consolidation Service VIETNAM SIN: 5/4 HOCHIMINH PACIFIC ISLANDS SIN: 29/4 NOUMEA/PT VILA/SUVA/PAPEETE MAURITIUS REUNION ISLANDS SIN: 9/4, 7/4 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/Y BANGUI/KINSHASA BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ TTA Freight Pte Ltd Tel. *****55 tlx rs ***** INTERTEAM
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      Page 33 Advertisements Column 3
      493 33 MUM—O tMNtrOHTAriOH |»Ti) LTO WEEKLY LCL/FCL SERVICE EAST MALAYSIA PORTS. BRUNEI. P.N.G. PORTS. NOUMEA, PAPEETE, EUROPE. U.S.A., CANADA FOR BOOKING I ENQUIRIES. PLEASE CONTACT:SMOAPONE TEL: 717*713 (4 UNE3) TLX: 2041S SKHST FAX: TOW J. BAHRU TIL: («7)2MM, »WH, FAX: 244*23 K. LUMPUR TEL: (03NMMSS, M ***** TLX: MA DM SKKMKL
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      Page 33 Advertisements Column 4
      488 33 M GLORY NAVIGATION GROW rTTTTI DLTJE 10 TAIWAN TO SINGAPORE A ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SELATAN VI Voy 95 30/3 GLORY SELATAN V Voy 101 7/4 GLORY SELATAN VIII Voy M PKL PNG BLW KAON P— 12/4 6 VESSELS OF LOG CARRIERS 5 VESSELS
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      Page 33 Advertisements Column 5
      461 33 PTC CONTAINER LINES FCL LCL SERVICE US fmemt 2/4 KEELUNG/KAOHSIUNG 1/4 BANGKOK 2/4 MANILA 1/4 JAKARTA 1/4 PORT KELANG/PENANG 5/4 BUSAN 4/4 TOKYO/YOKO/KOBE 1 4 HONG KONG also accepting cargo to Huangpu Shenzhen/Fuzhou Xiamen/Xingang/Shanghai SIN EUROPE UK 1/4 RDM/HAM/ANT/LE HAVRE/GENOA 1/4 LDN/FLX/LVP/SOU llfi HSA/CAMAIA 2/4 L.A./NYC/SFO 2/4 VANCOUVER/TORONTO/MONTREAL J. Ml
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      485 34 /f/ Hai Sun Hup Co (Pte) Ltc TEL: *****06 (20 Lines) TLX R*****1 R*****2 IML INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS •Also calls E.L. P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. SINGAPORE TEL: 22MMS PMT^KELAWe SUB AGENTS: KOTA KINABALU TEL: *****0 PENANC KUALA LUMPUR TEL: 1202 M
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      Page 34 Advertisements Column 2
      346 34 71. nun VAMP I IMC WEEKLY EXPRESS INDEPENDENT jAkunU iMIiU Line far east/europe fully containerised servici AI«o KCtptinf for Inland UK domination* Antworp and Scandanavian portl EABTBOUNO FMG FLOTA MERCANTE GRANCOLOMBIANA, S.A sar si o* :o*. vie Ld| (or HK/KAO/KOBE/YOKO/BUSAN CAVN COMPANIA ANONIMA VENEZOLANA DE NAVEGACION (NATIONAL LINE OF VENEZUELA)
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      Page 34 Advertisements Column 3
      364 34 P.T. MASKAPAI PKLAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING La CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 VSL SINOBAD MARINER OKUNOZE SINBAD MARINER OKUNOZE y. «m
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      Page 34 Advertisements Column 4
      768 34 DM TO EUROPE jP*Z CALL US AT: P. KELANG PFNANG J. BAHRU P GUOANG SINGAPORE K. LUMPUR 3685/53/368/ 111» 04 *****2/4, S2/2W 07-*****8 07-*****3, *****5, *****0, *****1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE! T77T rvr R7T 21?" OCSTIMATKHK. AARHUS. AMSTERDAM ANTWERP. BASIC. MQKN BREJKRMAVEN. COPENHAGEN. HELSINKI. BUUBO. OSLO.
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