The Business Times, 21 April 1989

Microfilm: NL16529
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, APRIL tl, IIBS 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    266 1 Dow down WALL STREET stocks turned lower amid profit-taking after four days of gains in blue chips. The Dow 30 was down 18 on a burst of selling and declining issues took a small lead over gainers. Analysts said the selling intensified after a drop in US
    266 words
  • Article, Illustration
    Asian stock markets mostly lower
    220 1 AMONG REGIONAL markets yesterday. only Australia posted a gain as the other markets succumbed to prof it-taking. The Singapore market closed on a mixed note, with buying support alternating with profittaking, brokers said. The Straits Times Industrials Index lost 6.85 points to 1,250.00, while the
    220 words
  • Article
    Shangri-La extension proposal rejected
    118 1 AN APPLICATION by listed Shan-gri-La Hotel Ltd to build a 400room extension has been rejected by the authorities, but the company intends to appeal against the decision. The notice of rejection was given on April 10 and an appeal is expected to be submitted shortly, the
    118 words
  • Article
    Lock icon Indonesian military daily criticises Aussie army chief
    412 1 AFP INDONESIA should not seek to improve relations with Australia until the government is certain that Canberra has no hostile intentions, the armed forces daily, Angkatan Bersenjata, said yesterday. "It has become apparent that there still are certain parties who do not want
    AFP  -  412 words
  • Article
    OUB plans to raise $100m through NCDs
    498 1  -  Proposed issue to come with warrants By MAGDALENE NG FOLLOWING the recent successful launch of Oversea-Chinese Banking Corporation's equitylinked negotiable certificates of deposit (NCOs), Overseas Union Bank plans to raise $100 million from the market through a similar instrument. Like OCBC's issue, the
    498 words
  • Article
    Car sales plunge as motorists feel jittery over imminent disincentives
    540 1  -  By JEFFREY TSANG MOTORISTS are getting jittery over the government's promised package ot motoring disincentives and the sales of new, used and scrap cars have all plunged. But the industry is optimistic that sales will recover after the package rumoured
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  • Article
    Lock icon Trade gap with US: 'Japan has no quick fix'
    219 1 Reuter JAPAN has no quick-fix solution to its yawning trade gap with the US and wants Washington to do more to reduce America's deficit, say Japanese officials. They also warned that the United States could kill off the multilateral drive for
    Reuter  -  219 words
  • Article
    Lock icon Indon minister wants new daily banned
    140 1 Bernama A SENIOR Indonesian minister has proposed a ban on a newly published daily newspaper, Media Indonesia, for allegedly misquoting him on issues pertaining to student protest rallies. Coordinating Minister for Security and Political Affairs Sudomo said on Wednesday the newspaper misquoted him as
    Bernama  -  140 words
  • Article
    Lock icon Chatichai calls for joint Asean arms production
    307 1 AFP Bernama THAI Prime Minister Chatichai Choonhavan has said Thailand should produce arms with its non-communist allies in Southeast Asia to decrease their dependency on imported weapons. The state-run Thai News Agency yesterday quoted Gen Chatichai as saying that he wanted to promote
    AFP; Bernama  -  307 words
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      Page 1 Advertisements Column 1
      159 1 FA RAH. The original Hopsack slacks for men. Available at OG People's Park, Orchard and Elite For the best in Sichuan and Seafood Dishes V V Steamed Red Kish with Soya Bean Crumbs sUIDi. Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour
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      Page 1 Advertisements Column 2
      218 1 Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 Editorial Comment: 10 A case for self-discipline Exchange rate remedies 10 Why some of them fail China's austerity drive 11 Eating away at reforms Iran-Iraq talks 11 Poor prospects for peace Kumahira 2 Investing $4.5 m in machinery
      218 words
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      Page 1 Advertisements Column 3
      264 1 PUD Quadruple Zoom+ Auto Two-Color. CALLING ALL die-hard fans of that irreverent TV series. Rene and his cohorts have moved to our shores. They're holed up at the Polar Cafe, circa Japanese Occupation, drinking toddy with the enemy while plotting to overthrow them. The key to the plot lies in
      264 words
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  • HOME NEWS
    • Article
      Kumahira to invest a further $4.5m in plant
      341 2  -  Regional headquarters here planned By SANGEETA MULCHAND KUMAHIRA MANUFACTURING, a Japanese manufacturer of bank vault doors and safe deposit boxes, will invest a further $4.5 million in machinery in its Jurong plant this year. The investment forms the second stage of the
      341 words
    • Article
      Yokogawa to make new high-tech DCS here
      305 2  -  By TEH HOOI LING YOKOGAWA Electric Corporation, the Japanese manufacturer of the Centum distributed control system (DCS), will manufacture another of its new high-tech DCS in Singapore in the second half of this year. The system, known as the MicroXL, is a compact
      305 words
    • Article
      Earnings of top decision makers here beat region's
      319 2  -  By JAYARAM MENON IF YOU ARE a top decision maker in Singapore, you are more likely to earn more than your counterparts in the region. The Asian Businessman Readership Survey Two of the region's key business decision makers, released yesterday, shows that
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    • Article, Illustration
      Tan Peng Boo reappointed SNEF executive director
      291 2  -  By CHUANG PECK MING TAN PENG 800 will rejoin the Singapore National Employers' Federation as its executive director. The former SNEF executive director's reappointment ends months of search for a replacement for Mr Lawrence Mah, who resigned in November 1988 following a wage
      291 words
    • Article
      Jump of 34pc in private sector capital investment last year
      464 2  -  By TAN KEE WEE THE PRIVATE SECTOR in Singapore spent some $13 billion on capital investment last year, a rise of 33.9 per cent over 1987. According to the first issue of the National Productivity Board s (NPB) Annual Bulletin
      464 words
    • Article, Illustration
      Budget deficit a big threat to US car makers
      294 2 THE ECONOMIC risks from the US budget deficit today pose the biggest threat to the American automobile industry, a senior official from US carmaker Chrysler Corporation warned yesterday Mr Frederick W Zuckerman. vice-president and treasurer of the Chrysler group, made this
      294 words
    • Article
      Symposium to educate public on food additives
      213 2 TO ENLIGHTEN the public on the safety, regulatory and nutritional aspects of food additives, the Singapore Institute of Food Science and Technology is organising a three-day symposium on food ingredients. Food additives have made it possible for us to have the wide range
      213 words
    • Article
      Asia Pacific Exhibition zooms in on region's freight industry
      244 3  -  By RAHITA ELIAS THE ASIA PACIFIC Exhibition and Conference returns to Singapore following the success of its first exhibition here last year. This year's event the Asia Pacific Freight 2 Exhibition and Conference will be held at the Raffles City Convention
      244 words
    • Article
      EDI developed to meet needs of garment industry
      451 3  -  By JEFFREY TSANG TRADENET, the electronic data interchange (EDI) that will hook up the trading community in one computerised network, will be extended to meet the special needs of the textile industry. Called the Textile Quota EDI System, it will help the
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    • Article
      Form CAD/CAM users' group, suggests NCB official
      225 3 NOTING THAT the use of CAD/CAM has grown by leaps and bounds, a senior official of the National Computer Board has suggested that a national association be formed to harness the synergy of resources. Speaking at the Intergraph Graphics Users Group (Singapore) Asia
      225 words
    • Article, Illustration
      'Taiwanese tourists spend more than South Koreans'
      467 3  -  By JOCELYN TOH TAIWANESE tourists have higher budgets but tend to take shorter holidays compared to the South Koreans. This finding, by the Survey Research Group, was presented by Mr David McCallum, managing director of Survey Research Singapore, at the Pata conference yesterday.
      467 words
    • Article, Illustration
      Only one Bugis Street for Singapore, please
      220 3 NEW BUGIS STREET, it is. And hands off that name, said the Singapore Tourist Promotion Board, which wants the new "old haunt" of transvestites to be unique and like the original Bugis Street market. Tourists and Singaporeans will be able to soak up
      220 words
    • Article
      Pata '89 was worth it
      452 3  -  By SUZANNE SOH IT WAS WORTHWHILE hosting the Pata "89 convention, a fourday affair which ended yesterday to show case Singapore. Expressing that view was Mr Lim Chin Beng, chairman of the Singapore Tourist Promotion Board (STPB) which spent $1.5 million on the event. Although
      452 words
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      Page 2 Advertisements Column 1
      217 2 \\N i' h< \I wm, LAND R MUIXI-M&DAL TRANSHIPMENT ASIA-PAQIFIQ TRADE FREIGHT CURRENCY, FLUCTUATION RANSPORT 111 The event of 1989. An unrivalled showcase for multi-modal freight, transport and distribution in the Asia Pacific. Vital topics include The impact of 1992 Role of computers Intra-Asian trade Transhipment Currency fluctuation. A successful
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      Page 2 Advertisements Column 2
      173 2 3RD ANNUAL BUSINESS SEMINAR Saturday 6 May 1989,9.00 am 5.00 pm Collyer Room 4th Floor Westin Stamford Westin Plaza Hotel GEARING UP FOR GLOBALISATION IMPLICATIONS FOR SINGAPORE COMPANIES jointly organised by r m¥*A MBA ALUMNI NUS SCHOOL OF POSTGRADUATE MANAGEMENT STUDIES NATIONAL UNIVERSITY OF SINGAPORE This seminar brings together key
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      36 2 Doonesbury VOffTHJORW ABOUT CANCSR, KJPS! JBdH-AGeFS-iOU'f&IMMOKW.! ANP deuevt Me, 7H&&SHCTTHIN6 CDOWTHANA 15-YGAR-OLP HJALKJH6 POUJN iHB-smer turn A cJ6AR&rm> 1\ „_hcx\*-\ BY GARRY TRUDEAU 6W647 TASTS, SH, JIMMY* V&H...?COUGH'.k FSAWI I£NT,,.-HACK'.-HACK!'- m m rc\ a HACK' v?<.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      183 3 In Kuala Lumpur where else but the Shangri-La. A *Ar Af r -a? •> kt f «*if v <^RVtranb^ "r- 5 mm M r--%iw d gsg: |§f? c <" :,-y m *L- 5 if f i j** afeF •r j ?i s K f Ky feSfl a "V n m
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  • ASIA – PACIFIC
    • Article
      Lock icon Tokyo urged to buy more US chips
      235 4 AP THE PRESIDENT of the US Semiconductor Industry Association called on Wednesday for the Japanese government and private sector to step up efforts to buy American computer chips. Andy Procassini, president of the association, said progress has been made in stopping Japanese semiconductor
      AP  -  235 words
    • Article
      Lock icon Asean to defend itself against Aussie accusation
      139 4 Oana-TNA MEMBER countries of the Association of South-east Asian Nations have agreed to hire a law office to defend themselves against Australian accusations over Asean's alleged dumping of plastic bags in its market. Deputy director-general of the Foreign Trade Department in Bangkok, KrikKrai
      Oana-TNA  -  139 words
    • Article
      Lock icon South Korea urged to diversify export market
      502 4 Report identifies Pacific nations as targets AP IN AN EFFORT to ease American trade pressure, South Korea should follow Japan's strategy of further diversifying its export market, said a Seoul government report on Thursday. The report by the Trade and Industry Ministry has
      AP  -  502 words
    • Article
      Lock icon Singling out Seoul for unfair trade will hurt reforms, says minister
      307 4 Reuter IF THE US targets South Korea for unfair trade, this could undermine South Korea's democratic and economic reforms, said South Korean Trade Minister Han Seung-Soo on Wednesday. He made this comment six weeks before US Trade Representative Carta
      Reuter  -  307 words
    • Article
      Lock icon Thai parties merge to form opposition bloc
      134 4 AFP FOUR OF Thailand's principal parties have merged into a new bloc opposed to the ruling coalition of Prime Minister Chatichai Choonhavan, party officials said in Bangkok on Wednesday. The Progressive, Peoples' and Community Action parties, which were dissolved by a Supreme Court
      AFP  -  134 words
    • Article
      Lock icon US may give military aid to Cambodian forces
      276 4 AFP THE UNITED STATES is considering granting military aid to non-communist resistance forces in Cambodia, the State Department said on Wednesday. The administration of President George Bush has until now proposed granting only non-le-thal aid to the Cambodian resistance, but State Department
      AFP  -  276 words
    • Article
      Lock icon When aid to guerillas will end: Siddhi
      152 4 Reuter THAI Foreign Minister Siddhi Savetsila said on Wednesday that military aid to Cambodian guerillas would end only after all Vietnamese troops leave the country. "Military aid (to the guerillas) will cease after all Vietnamese troops have withdrawn from Kampuchea," he said on
      Reuter  -  152 words
    • Article
      Lock icon Bangkok seeks special tariffs from Sweden
      160 4 AFP THAILAND has asked Sweden to institute privileged tariffs for Thai exports, complaining of high taxes on Thai goods and an unfavorable balance of trade, the state-run Thai News Agency (TNA) said. The TNA quoted Deputy Commerce Minister Chucheep Harnsawat on Wednesday as saying
      AFP  -  160 words
    • Article
      Lock icon Washington, Tokyo show keen interest in Manila aid plan: official
      171 4 AFP THE HEAD of a council overseeing a proposed multilateral aid package for the Philippines said on Wednesday that he found keen interest for an economic recovery plan during talks with the US and Japan Roberto Villanueva. chief coordinator of
      AFP  -  171 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1138 4 ARRIVALS Operator Service Local From number time GtA GA992 0035 CGK (Tech stop) SU SQ11 0040 LAX/NRT UAL UA805 0055 SFO/HKG JAl JL615 0340 TYO MAS MH640 0820 KUL UAL UA8I9 0820 SFO/NRT SIA SQ430 0835 DHA MAS MH651 0900 PEN MAS MH630 0920 Km SIA SQ103
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      181 4 ]'<\|!*([=+)("*)%+`@"-*}\/!&]\@ TVasihrmarpkiS Sptdt^mßneflmdJmotudGnpecs -J AUlßlNlllffifl A -V. N ..W .-xr; Sunday, April 23,1989 Grand Ballroom Hilton International Singapore 120 Tribal And Fine Oriental Carpets Rugs gfc Viewing: 10am Ipm Auction Sale: 1.30pm spm All lots are guaranteed and backed by a full trade in value at our showroom. Auctioneers: Cheong
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      Page 4 Advertisements Column 2
      67 4 The business person's choke every Tuesday. Thursday. Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Lester B. Pearson International Airport the following day. CjII wur Tnrvel Agent or Air Ctrudi u *****55. A BREATH OF FRESH AIR MSG 2jcl£6fi2sJS3<s£BiS gfe3(33 /.Vr AWjUD' disegno coWezme Pfe Ltol
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      85 4 Singapore OUTLOOK: Showers over few areas In the afternoon Report for 24 hours prior to 7.30pm on April 20 at the oirport: Mas temp 34.0 Asaoc humidity.......... 94 Mln temp 25.3 Asaoc humidity. 97 Mrs of sunshlns.... 10.45 Rainfall In mm nil Rainfall fhls mth 113 Rainy days this mth
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  • REST OF THE WORLD
    • Article
      Lock icon Americans give high marks for Bush's three months in office, poll shows
      243 5 NYT AMERICANS tend to see more style than substance in the Bush administration's actions so far. according to a New York TimesCBS news poll, but they are not much bothered by that, and they give President Bush high
      NYT  -  243 words
    • Article
      Lock icon US could lose US$1 b in nuclear fuel sales
      198 5 AP THE US Energy Department stands to lose US$l billion in domestic sales of its nuclear fuel services in the mid-1990s as utilities increasingly turn to foreign suppliers, including the Soviet Union. Nuclear utilities are abandoning the Energy Department as a
      AP  -  198 words
    • Article
      Lock icon Proposal to use EC windfall savings for extra spending
      174 5 FT A PROPOSAL to use a major part of windfall savings in EC farm subsidies to fund higher spending next year has been suggested by Irish Agriculture Commissioner Raymond MacSharry. The plan would add European Currency Unit 3 billion (U*****,000) to
      FT  -  174 words
    • Article
      Lock icon Perestroika crucial to freedom: Thatcher
      168 5 Reuter THE SOVIET UNION'S reforms have entered a crucial period, its success being the most important international issue, said British Prime Minister Margaret Thatcher, in an interview with Reader's Digest. Mrs Thatcher said that the West must not give in to terrorists, also dismissing socialism
      Reuter  -  168 words
    • Article
      Lock icon Senate panel passes deficit-cutting Budget
      361 5 AFP THE US Senate Budget Committee approved on Wednesday a US$l.l6 trillion Budget for fiscal 1990 that reflects a deficitslashing agreement between President George Bush and congressional leaders. The pact claims to slash the deficit in fiscal 1990. which starts on Oct 1. to U5599.4
      AFP  -  361 words
    • Article
      Lock icon Military budget will be cut by US$10 billion, says Cheney
      293 5 Reuter PRESIDENT BUSH will announce a US$lO billion cut in the US military budget next week despite a promise to keep the Pentagon in step with inflation, Defence Secretary Dick Cheney said. Mr Cheney, attending a Nato meeting in Brussels,
      Reuter  -  293 words
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      Page 5 Advertisements Column 1
      51 5 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And duringyour stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease, call Florence/Dina at
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      Page 5 Advertisements Column 2
      70 5 5 vag:*. »s 2&t£ fIIBP-fc->-r-v ..'V i< y >'. >■• ri to i< f. j »-V $§E Only a few will catch more than a glimpse. SB For more information on the special Line of Credit and many privileges of the Gold Card, call American Express at *****44. Or simply
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1514 6 SINGAPORE: THE US dollar ranged between D-mark 1.8615/ 1 8585, yen 132.46/132.10, pound 1.7118/1.7100 and Singapore dollar 1.9475/ 1.9460 yesterday. Support was forthcoming from the disruption in North Sea oil production and rumours of new arrests in Tokyo tied to the Recruit scandal. However, talk of an imminent
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    • Article
      IMM
      227 6 MOST IMM currency futures ended a quiet session sharply lower and near daily lows on Wednesday. Initial pressure stemmed from long liquidation and technical selling in a correction of the recent rally. A surge in crude oil had an indirect impact by reviving inflation jitters in debt futures markets,
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    • Article, Illustration
      World interest rates
      178 6 Indicate* the average of the prime lending rate* of 12 ma|or banks In S'pore Interbank market rates (offer/bid) on Apr 20 US$ DM SWFC Y«n 7 day* 9 7/9 9 3/4 12 7/14 S/l* -S7/I S/0 1/2 4 */l* 7/1* I ft J/16— ll/l* 12 1/4 —12
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    • Article
      Options
      1410 6 CURRENCY FUTURES OPTIONS Thursday, Apr 20, 1989 DEUTSCHEMARK (SIMEX) May M calk High Low 1 So« May 88 ptito Htgh Low Son 52 53 54 37 55 IIIA 37 9A 109 37 0 338 2 34 Mm Htgh 88 caM Lew 1 Son Jun 88 puto Htgh Low Sea
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      202 6 FOR SALE EN BLOC BY TENDER CLAYMORE POINT-SINGAPORE j. Prime Freehold Location: 8 Claymore Hill Tender Closing Date: 4pm 4 May 1989 New 25-storey retail/residential building Situated on Claymore Hill in Singapore's Orchard Road shopping district Close to Holiday Inn Hotel, Royal Thai Embassy and American Club Total net floor
      202 words
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  • BANKING AND FINANCE
    • Article
      Precious Metals
      406 7 HONGKONG: Gold closed higher in active trading on demand by Japanese traders and speculative buying by local investors yesterday. Dealers said the oil price surge and demand for precious metal encouraged more buying but still the metal moved narrowly. Bullion ended at U*****.70/384.20 an ounce against an initial
      406 words
    • Article
      Comex gold/silver futures
      166 7 Gold futures on Apr 19 1989 100 troy ounces; USS per troy ounce Opati High Low Sattla Apr 384.00 385.20 383.00 383.40 -0.10 May 384.30 -0.30 Jun 387.30 389.20 385.70 387.10 -0.30 Aug 392.50 393-50 391.00 391.70 -0.40 Oct 398.50 398.90 396.80 397.00 -0.40 Ok 403.50 404.30
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    • Article
      Money markets
      58 7 THE OVERNIGHT RATE on the Singapore money market closed unchanged at 5 1/4 per cent yesterday. Short-term rates were also unchanged across the board. S$ Interbank rates at the close yesterday: OfFCO MO 5 1/4 5 i/a 1-month 5 1/4 S 1/8 2-monfh 5 5/16 5 3/16 3-month
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    • Article
      Government Securities Market
      111 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****F 20.07.89 4.08 4.03 4.09 4.00 6 months BS*****N 17.08.89 4.10 4.05 1 year BY*****H 23.11.89 4.11 4.06 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
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    • Article
      Asian market
      260 7 ASIAN DOLLAR deposit rates closed steady in quiet trading yesterday. Dealers said rates were fractionally changed either way at the outset and hovered narrowly after the market consolidated following Wednesday's losses. The undertone remained soft on expectations that US interest rates may soon drop. One month held steady
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    • Article
      Simex
      469 7 JUNE Eurodollar futures opened four ticks higher yesterday at 90.02 following an unexpected addition of funds by the Federal Reserve via overnight system repurchase agreements. Prices drifted to a low of 90.00 on continued profit-taking before late afternoon short-covering pushed prices to high of 90.07. The June contract finally
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    • Article
      Shing Loong's profit up by 108pc last year
      334 7  -  By QUAK HIANG WHAI SHING LOONG FINANCE, which is heading towards a merger with Sim Lim Finance under the Keppel group, reported a 108 per cent rise in after-tax profit to $1.9 million last year In the company's latest annual report. Shing
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    • Article
      Dai-lchi Kangyo arranges US$50m RCF for Jennings
      318 7  -  By DEXTER LEE THE SINGAPORE BRANCH of Dai-lchi Kangyo Bank has arranged a US$5O million revolving credit facility (RCF) for Jennings Industries Ltd. the largest home builder in Australia. This is the second time in a week that OKB has put together a
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    • Article
      Lock icon Bank of Hawaii plans to set up office in S'pore
      325 7 Agencies BANK OF HAWAII, the largest bank in Hawaii, plans to open a representative office in Singapore. The bank's chairman and chief executive officer, Howard Stephenson, announced in Honolulu that Bank of Hawaii has entered into an agreement with Wells
      Agencies  -  325 words
    • Article
      Lock icon Resources unlikely to be enough for 20pc debt cut
      376 7 Reuter THE international resources envisaged by Treasury Secretary Nicholas Brady to facilitate debt reduction will probably be insufficient to achieve the 20 per cent debt cut he is seeking. World Bank chief economist Stanley Fischer said. The goal of cutting the
      Reuter  -  376 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      98 7 fif 2r, l ■^a i f iS s "YOU MAY NOT BE THE MOST HANDSOME BOSS IN THE WORLD,' SHE CONFIDED. "But you ve Sure Got Style." As usual, Secretaries Week at Bibi's promises to be unusual. Not to say weircl. wild ami wonderful. So pick up the phone sizzling
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      Page 7 Advertisements Column 2
      153 7 fgl A new and exciting way of trainmg, motivating and developing people w >-■ ii/ Video Channel is the S largest distributor of training programmes in Australia and New Zealand and has now opened offices in Singapore, Hong Kong and Malaysia. dWe provide a wide range of training films designed
      153 words
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  • COMMODITIES
    • Article
      KL Tin
      180 8 RENEWED BUYING mtM the Kuala Lumpur Tin Market to recover 26 cents to M 529.00 a kg yesterday, brokers said. "Altar two day* of correction, conlumtrt ara returning to cover before the price moves to the new psychological barrier of MS3O, which is within sight," one broker said.
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    • Article
      London Markets
      264 8 London M'sian palm komol oil 5%pc CIF Rotterdam Commodity Apr/May 505sir Exchange Jun/Jul 502.5sir Buyer/Seller closing prices London Metal on Apr 19 (£/tonne unless specified). Previous closing prices in parenthesis. nil, m Exchange Afternoon session closing tone and prices on Apr 19 uonee Basis in-storo London, sellers option
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    • Article
      Soybean
      111 8 INCREASED TALK of rain soon in the US mid-west sent Chicago Board of Trade soybean prices sharply lower late on Wednesday, but speculator short-covering near the close recovered some losses and futures closed 3-1/2 to 11-1/4 cents per bushel lower. Nearby May was pulled down by the plunge in
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    • Article
      Wheat
      140 8 EXPORTER BUYING and prospects for extended dry conditions in Kansas hard red winter wheat areas supported Chicago Board of Trade old and new crop wheat futures on Wednesday, which closed 4-3/4 to 3/4 cent per bushel higher. Traders said Egypt's upcoming tender for 300,000 tonnes of US wheat was
      140 words
    • Article
      RAS and MRELB
      283 8 RAS prices in S c*nts/kg, FOB In b«l* NOON CLOSE Buyers S*ll*rs 8uy*rs S*ll«rs lot 1 RSS Prompt 211.50 21 2.50N 211.00 212.00N Int 1 RSS May 89 211.00 212.00N 211.00 212.00 Int 1 RSS Jon* 208.50 209JON 208.50 209.50 Int 2 RSS OP 203.50 205.SON 203.50
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    • Article
      SSR and SMR
      82 8 («*n*/kQ) MAY 1989 JUNE 1989 (currant month) (foovord month) RAS NOON NOON ky«n Seller* luytrl S«H«n SS8 20 183 50 185. SON 183-50 185 JON SSR 50 1S1.50 183.50N 18) 50 183JON MRELB ky«i Rvyari SMR CV 283.50 285.JON 285.50 287 SON SMR I 284.50 286.50N 286.50
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    • Article
      Rubber
      370 8 SINGAPORE: Rubber prices closed lower with May 1 RSS buyer quoted at 211.00 cents a kg yesterday. down one cent from Wednesday's close. Dealers said prices were little changed in the afternoon in quiet trading and most traders stayed on the sidelines due to lack of fresh factors. On
      370 words
    • Article
      Lock icon Crude Oil and Products
      166 8 Telerate FUEL OIL PRICES moved steadily higher in Singapore yesterday. Traders said strong crude prices and tight supply continued to provide support to the current levels. News of Iran's declaration of force majeure on a number of HSFO cargoes, due to problems at the Abadan refinery,
      Telerate  -  166 words
    • Article
      Palm Oil
      439 8 MALAYSIAN CRUDE PALM OIL FUTURES closed lower yesterday on the Kuala Lumpur Commodity Exchange in moderate trading. Dealers said profit-taking coupled with lingering doubts on stock figures prompted operators to take profits and get out of the market. Spot month May was down Ms 2 to M 5923
      439 words
    • Article
      Produce Prices
      182 8 Chines* Produce Coffee Bangkok Exchange Seders' noon doiinQ pri cm en API FO* NSW AM FO* NSW BCI FO* NSW 3*3.00 333.00 330.00 OcuJng prkm on Apr 20 (USS/iomw, FO*) Apr 20 (SS/100 kg) UMN 20/23% White Rice a Coconut oil m rot 104.00 FO* NSW Nutmeg *****
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  • FOCUS
    • Article, Illustration
      Lock icon US, Asian firms flock to French computer market
      695 9 Tiny silicon chips spell big international business. Which is why the US is concerned about possible trade restrictions in post-1992 Europe. On another front, it is fighting for more access to the Japanese microchip market. Meanwhile, Asian and American laptop makers are
      AFP  -  695 words
    • Article, Illustration
      Lock icon US chip makers fear losing European sales after 1992
      682 9 FT AMERICAN semiconductor makers have raised concerns about development of new trade restrictions in Europe as the European Community (EC) moves towards its "single market" objective in 1992 While acknowledging that it is too soon to conclude that a "Fortress Europe"
      FT  -  682 words
    • Article
      Lock icon Slow Japanese market opening may invite US wrath
      428 9 Reuter FOOT-DRAGGING by Japan in the opening of its microchip market to foreigners is likely to lead to a tougher US trade stance, the president of the US Semiconductor Industry Association (SIA) warned on Wednesday "Miti (the Ministry of International Trade and
      Reuter  -  428 words
  • Page 9 Advertisements
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      183 9 i TGR O W SPACE W A G O i Now here's a car that meets the growing needs of a growing family. Not like any other car or station wagon, the Mitsubishi Space Wagon sits seven adults, in three rows of luxury and comfort. Both rear seats adjust every
      183 words
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  • PERSPECTIVE
    • Article
      A case for self-discipline
      473 10 THE RECENTLY released government-commis-sioned studies on the state of religion in Singapore are enlightening. They confirm empirically to the extent that numbers are able to describe what is otherwise a highly personal and individual experience what has until now remained popular conjecture supported only by day-to-day
      473 words
    • Article, Illustration
      Lock icon Why some exchange rate remedies fail
      1094 10 Exchange-rate policy has long been one of the most controversial ingredients in the IMF's adjustment programmes for developing countries. But why do some currency adjustment policies fail? The Economist OVERVALUED exchange rates have much to answer for in the developing world. They send the
      The Economist  -  1,094 words
    • Article, Illustration
      Lock icon Poor prospects for Iran-Iraq peace talks
      681 11 Reuter POLITICAL UPHEAVAL in Teheran has clouded prospects for the Iran-Iraq peace talks being held in Geneva, officials and diplomats in the Gulf say. They predict few concrete results from the fourth round of the UN-sponsored negotiations which began after a ceasefire in the
      Reuter  -  681 words
    • Article, Illustration
      Lock icon 'US policy towards Afghan rebels lacks coherence'
      591 11 Reuter TWO MONTHS AFTER Soviet troops withdrew from Afghanistan under pressure from US-backed guerillas, critics say America no longer has a coherent and effective policy for promoting the rebel cause. The resistance is beset with difficulties, both military and political, and the Soviet-backed
      Reuter  -  591 words
    • Article
      Lock icon China's austerity measures eating away at reforms
      792 11 AP A SEVEN-MONTH-OLD austerity programme has undone many of China's much-vaunted economic reforms and threatened the profit incentives that gave them success Some economists worry that the clampdown on construction, loans and government spending will do more harm than good to an economy
      AP  -  792 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      272 10 NEW ISSUE This announcement appears as a matter of record only. April, 1989 (EUROPEAN TRANCHE) ig Nippon Shinpan Co., Ltd. U.S. $450,000,000 4% per cent. Guaranteed Bonds 1993 with Warrants to subscribe for shares of common stock of Nippon Shinpan Co., Ltd. Payment of principal and interest being unconditionally and
      272 words
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      Page 10 Advertisements Column 2
      205 10 NEW ISSUE (ASIAN TRANCHE) This announcement appears as a matter of record only. Nippon Shinpan Co., Ltd. U.S. $450,000,000 4 per cent. Guaranteed Bonds 1993 Warrants to subscribe for shares of common stock of Nippon Shinpan Co., Ltd. Payment of principal and interest being unconditionally and irrevocably guaranteed by The
      205 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      135 11 From now until 15 November 1989, when you buy a new Nissan passenger car or commercial vehicle, you 11 be eligible to take part in a fantastic Charity Lucky Draw! And if you're lucky enough, you couki take home the top prize of One million dollars cash! $2 MILLION WORTH
      135 words
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  • LEISURE
    • Article, Illustration
      Lock icon The man who cannot forget
      765 12 i CINEMA AP &IMON WIESENTHAL stood among *10 naked, shivering men as a Nazi officer stepped down the line, shooting each man in the temple and sending them toppling into the stone Jquarry below. Two men away from being shot, JWiesenthal was reprieved. A messenger
      AP  -  765 words
    • Article
      Lock icon A dating club where being big is a plus
      266 13 LIFESTYLE UPI JOHN SPRINGER prefers Rubenesque women with playful personalities. and he's not alone. Just ask members of California's More To Love dating club, where abundant body size is considered a plus. Mature, larger women are in demand, says Barbara Hansen,
      UPI  -  266 words
    • Article, Illustration
      Lock icon Fast money in the classic car market
      668 13 CARS The Economist ARE CARS imitating art? Less than 18 months ago the world's most expensive car was a 1931 Bugatti Royale, which sold at an auction in London for £5.5 million. On April 23. the same car (one of only half a
      The Economist  -  668 words
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      Page 12 Advertisements Column 1
      832 12 ki j Where to entertain. PLUM'S Spices and urprises, Yhai Style April 18 30,1989 only From the Land of Smiles, come four master chefs from the famous Dusit Thani Hotel ready to provide Singaporeans and Thai food fanciers with famous Thai recipes. Thai buffet lunch from 12 pm to 2.30
      832 words
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      Page 12 Advertisements Column 2
      230 12 Treat your secretary to a delectable 4 course lunch and fashion spectacular as only The Stables can do it. There'll be gifts for one and\ all, plus a chance to win valuable prizes in our Lucky' Draw. Orchard Riwrl Smna)*>rv 0924T«H 7:17 4411 if A Rose. And a Buffet Lunch.
      230 words
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  • Page 13 Advertisements
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      284 13 1T ?6f. i- PUT A SMILE ON HER FACE SECRETARIES* WEEK, APRIL 24 TO 29 Century Parte Sheraton recommends several ways to show your appreciation tor the most indispensable of office personalities the secretary. HUMRTUS OMIi A generous luncheon buffet of appetizers, soups, salads, desserts, cheese and a choice of
      284 words
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      Page 13 Advertisements Column 2
      91 13 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. iMi I .jMPIKMANNWEINKKII GM „yH> p.Nr.4 907 M 4 03S> p h > ccrmong «lnce Homon times tbta fc|| •sC -1! from
      91 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      664 13 CRYPTIC PUZZLE ACROSS 4 To be a goddess would cause bewilderment (6) 7 A twee lot possibly helping with the washing up (3. 5) 8 Ours includes a small measure, as it happens (6) 10 Animal companion for a mischievous child? (5) 13 Digger in a velvet coat (4) 14
      664 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1404 13 TV and RADIO Sinister goings-on OUR CHOICE THE KEEPER, 10.30pm, Channel S Christopher Lee stars as the sinister Keeper of the Underwood, where all the patients are mentally-disturbed and wealthy. A private detective smells a rat and gets himself admitted. only to encounter a 'nightmare' designed by the keeper himself.
      1,404 words
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  • SPORTS
    • Article, Illustration
      Lock icon Top seeds in quarterfinals
      424 14 TENNIS AP THE THREE TOP seeds Ivan Lendl, Stefan Edberg and John McEnroe won their third round matches in gusty winds yesterday, advancing to the quarterfinals of the Japan Open Tennis Championships. Meanwhile, top-seeded Anne Minter of Australia and No. 2 Belinda Cordwell of New Zealand
      AP  -  424 words
    • Article
      US$175,000 Seiko grand prix to be held in S'pore
      459 14  -  BADMINTON By A SURENDREN THE SEIKO WORLD Grand Prix Badminton Finals will be held in Singapore for the first time in Dec 6-10, christening the spanking new multi-million dollar Singapore Indoor Stadium. The amount put forward by Seiko represents the richest
      459 words
    • Article
      Lock icon Eckerd Open: Sabatini in quarter-finals, Austin ousted
      392 14 UPI TOP SEED Gabriela Sabatini advanced to the quarter-finals on Wednesday, while Tracy Austin was ousted in the first round of the US$2OO,OOO Eckerd Open in Florida. Sabatini dumped unseeded Isabel Cueto of West Germany 6-1, 6-1. Austin fell to unseeded Halle Cioffi
      UPI  -  392 words
    • Article
      Lock icon Casino turns Steffi away
      123 14 AFP STEFFI GRAF has discovered that even her millions of dollars are not enough to gain her entry to the famed Monte Carlo Casino. When she arrived at the casino with her father, Peter, for a flutter her way was politely, but firmly, blocked. The young
      AFP  -  123 words
    • Article
      Lock icon Ballesteros may live outside Spain because of pressures
      435 14 GOLF AP SEVERIANO BALLESTEROS has said that he faces such conflicting pressures in his home country that he might perhaps be better off "living outside Spain altogether On the eve of the Madrid Open on Wednesday, an event he has won twice
      AP  -  435 words
    • Article
      Lock icon Lyle starts Greensboro defence
      285 14 AP SANDY LYLE began the defence of his second Greater Greensboro Open championship yesterday against a field that, for a change, will not be thinking about the Masters. For most of its existence, the Greensboro Open has been a way station en route to Augusta National
      AP  -  285 words
    • Article
      Lock icon West Indies in the lead
      389 14 CRICKET AFP THE WEST INDIES closed in on a massive victory over India on the fourth day of the third cricket test in Port-of-Spain in Trinidad and Tobago on Wednesday. All out for 266 in their second innings 35 minutes before lunch, the West Indies
      AFP  -  389 words
    • Article, Illustration
      Lock icon Phoenix Suns equals team record with ninth straight win
      319 14 BASKETBALL AP KEVIN JOHNSON scored 21 points, including five field goals that helped break the game open in the third quarter, as the Phoenix Suns defeated the Miami Heat 117-91 on Wednesday night to tie a team record with their ninth
      AP  -  319 words
    • Article
      RESULTS DUE
      536 14 LAST FULL YEAR Company Period Oat* Year Net EPS Gross Net announced •nding (cents) dfe profit last yeor ($-000) Rma M Box Interim No* 9 Mar 89 21.7 100 6.719 Murota Interim Nov 12 Mar 89 894 300 17,5901b) Matsushita Interim Dec 16 Mar 89 47 1 25.0
      536 words
    • Article
      RESULTS OVERDUE
      139 14 LAST FULL YEAR Company Period Dot* announced last y«ar Y»or •nding Net EPS Grow (cants) dlv Net profit <$•0001 Duta Com Grond Utd Hldgs Supremo Corpn lot Wood Akom Finol Finol Finol Finol Interim Aug 28 iun 30 Jun 30 May 28 Sep 22 Dec 86 Jun 87
      139 words
  • Page 14 Advertisements
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      158 14 SIS Wm V\ Theßojj' Gift of Appreciation w r So w/ra/ te/ter occasion than NOW to show her your appreciation for a job well done? Take her to the Parkway Thai Restaurant Caimhill Thai Seafood Restaurant where we serve Thai food at its best and complement that with our own
      158 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Steamship optimistic about shipping, property activities
      751 15  -  By HERMAN PHUA STRAITS STEAMSHIP Co Ltd. which is to be renamed Straits Steamship Land Ltd, said property and shipping will continue to underpin the group's earnings in the current year. In its latest annual report, chairman Sim Kee Boon said prospects for further
      751 words
    • Article
      Lock icon MAS may restructure capital to help finance purchase of planes
      497 15 NST MALAYSIA AIRLINES (MAS) may restructure its share capital to partly finance its planned expansion, which mainly involves the purchase of six 8747-400 aircraft. Managing director Datuk Abdul Aziz Abdul Rahman said that although MAS has about Ms6oo million in
      NST  -  497 words
    • Article
      Buyer of Ambassador stake linked to hotel
      454 15  -  Will Crown Prince Hotel be injected into company? By ELAINE KOH THE BUYER of a significant 24 09-per-cent stake in Ambassador Holdings is now known to be linked with the Indonesian-Chi-nese owners of the Crown Prince Hotel. This raises the possibility of the
      454 words
    • Article
      MPHB takeover: Unico willing to support a counter bid
      398 15 UNICO HOLDINGS investment arm of the Associated Chinese Chambers of Commerce and Industry will participate in the consortium said to be formed to counter Hume Industries Bhd's takeover bid for Multi-Purpose Holdings. Its director Tan Sri Wong Tok Chai told reporters
      398 words
    • Article
      COMPANY BRIEFS
      170 15 GENERAL SECURITIES Investments'* unaudited consolidated net tangible asset backing per share was $2.37 as at March 31, 1989 MAQNUM CORPORATION Bhd has replied to a query by the KLSE that its disposal of 18.13 m ordinary shares in Malayan United Industries Bhd was to make an extraordinary gain
      170 words
    • Article
      C&C share option scheme for top staff
      248 15 CYCLE AND CARRIAGE Ltd will be implementing an executive share option scheme to give its senior executives a stake in the group's performance. To be called the CCL Senior Executives' Share Option Scheme, its aim is to provide C&C's executives with a chance
      248 words
    • Article
      Hind has not advertised to sell hotel, SES told
      123 15 IN A REPLY to the Stock Ex-* change of Singapore. Hind Hotels International said it did nor. place any advertisement ill' Hongkong or in any part of thelT world to sell its hotel. /An BT reported on Wednesday that an advertisement
      123 words
    • SES
      • Article, Illustration
        Market loses ground but analysts say undertone remains firm
        809 16  -  *y ANDREA BORCH INVESTORS ALTERNATED between selling and buying yesterday to push the market down almost seven points, a direction that dealers generally welcomed as overdue and natural. "The market would not be wrong to consolidate now," a broker said. "It's
        809 words
      • Article
        APPROVED ISSUES
        145 16 Company RIGHTS ISSUE 0 C Bonk On*, lor two a tO'S per »hore E> dole March 9 Books close March 23 Acceptor** t Payment May 5 George Town Three tor two il 00 per shore E« dole March 13 Boots dose Morch 26 Acceptonce Payment: Moy 12 Guthrie
        145 words
      • Article
        PROPOSED ISSUES
        342 16 Company RIGHTS ISSUE Ayer Hitom Tin On# lo« one d $1 10 per shore Berioyo Corpn On* lor on* $1 00 pO< p*' shore C 1 Holdings 27 million loon Hocks mi 'he ratio o< $3 loon slock lor every live (xdinory shores held Causeway In* Issue ol
        342 words
      • Article
        COMPANY MEETINGS
        449 16 TONHOW INDUSTRIES LIMITED: 14th AGM at the Prosperity Room, The Plaza. Level 3. 7500 A Beach Road, Singapore 0719, today at 3.00 pm. UNITED INTERNATIONAL SECURITIES LIMITED: 19th AGM at the Board Room, 30th Storey. UOB Building, 1 Bonham Street. Singapore 0104, tomorrow at noon. RAHMAN HYDRAULIC TIN
        449 words
    • Article
      SES SHARE INFORMATION
      6230 16 Gr's Gr't 1989 Tel Last Vol Day Last Quote Div Div Vld Net M Cap High Low Code Company Sale orCOOO) High Low Buyer Seller C'vr P/E Smll APR 20 SESDAQ 140 120 t 4000 Amtek Eng 20® 135 -1 33 135 135 135 136 10 ON
      6,230 words
    • KLSE
      • Article, Illustration
        KLSE firm in active trading
        3618 17 THE KUALA LUMPUR stock market was firm in active trading yesterday, although a number of stocks closed off the day's highs. Prices opened higher but ended the morning mixed to steadier in the absence of leads to sustain Wednesday's strong buying. However, sentiment picked up
        3,618 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Bond wins fight for Manila nickel mine
        313 18 FT ALAN BONO, the Australian businessman, has won a battle in Manila which could lead to a US$475 million investment in a mothballed nickel mine at a time when many analysts are saying his empire is over-extended. Dallhold Nickel Management, one of Mr
        FT  -  313 words
      • Article
        Lock icon New securities rules in Japan create concern
        226 18 FT FOREIGN securities firms in Japan, many of which are struggling to stay afloat in a market that has proved extremely difficult to penetrate, are concerned that new and stricter rules on capital ratio and risk management to be introduced next April could
        FT  -  226 words
      • Article
        Lock icon UK Tioxide Group to build plant in M'sia
        160 18 Bernama BRITAIN'S Tioxide Group pic is building a MSSOO million titanium dioxide pigments plant at the Telok Kalong industrial estate in Trengganu, Malaysia. The group's executive director, M Dumbrell, said in Kuala Trengganu on Wednesday that work on the project, the first
        Bernama  -  160 words
      • Article, Illustration
        Lock icon Shares finish lower
        581 18 Tokyo Reuter SHARE PRICES on the Tokyo exchange finished down, but recouped from the day's lows on late bargain hunting. Trading was dull. There were no buying incentives and several reasons to stay out of the market. Individuals were the main players. The Nikkei index lost 178.68
        Reuter  -  581 words
      • Article, Illustration
        Lock icon Stocks close firmer
        477 18 Australia Reuter THE AUSTRALIAN share market was firmer at the close of floor trading yesterday due to the surge in crude oil prices and new found investor confidence. At the close, the All Ordinaries Index was up 9.3 points at 1.458.8. after earlier reaching 1,460.2. Brokers said
        Reuter  -  477 words
      • Article, Illustration
        Lock icon Market finds excuse for profit-taking
        1369 18 Hongkong Reuter SHARE prices on the Hongkong exchange ended weaker overall yesterday but the Hang Seng Index recouped more than halt of a 40.04-point dip it took in the morning. The Hang Seng closed 24.41 points lower at 3.139.68. The broaderbased Hong Kong Index fell
        Reuter  -  1,369 words
      • Article
        Lock icon Taipei: Shares end mixed
        437 18 Reuter TAIWAN share prices began a day-long slide after opening stronger yesterday, pushing the index to a lower close on reduced turnover, dealers said. The weighted index dropped 38.23 points to finish at 7,928.67 compared with Wednesday s 7.966.9 close and a high of 8.011.04 posted
        Reuter  -  437 words
      • Article
        Bangkok: Index up
        29 18 The Security Exchange of 18.983.171 shares worth Thailand Index edged up 1,352.86 million baht. 1 85 points to 483.08 yes- Reuter terday on a turnover of
        29 words
      • Article
        Lock icon Ayala Corp to raise its authorised capital
        190 18 Reuter AYALA CORP. the Philippine real estate-based conglomerate. plans to raise its authorised capital to two billion pesos from one billion. Renato de la Fuente. company senior vice-presi-dent and corporate secretary. also announced a 30 per cent stock dividend ahead of the annual
        Reuter  -  190 words
      • Article
        Lock icon Seoul: Easier close
        190 18 Reuter SEOUL stocks staged a moderate comeback yesterday from a decline in the morning sparked by rumours the government would tighten money supply (M 2), brokers said. The Composite Index still closed 4.34 points below Wednesday s close of 953.91. Turnover for the day was a sluggish
        Reuter  -  190 words
      • Article
        Lock icon Bombay: Another mixed day
        191 18 Reuter SHARE prices on the Bombay exchange closed mixed for the second day running with gaining stocks rising sharply in heavy trading yesterday. Dealers said steel shares attracted heavy speculative support on rumours that the government planned to remove price controls. Tata Steel shares jumped 28.75
        Reuter  -  191 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks close marginally higher
        794 19 New York Reuter WALL STREET on Wednesday modestly extended Tuesday's 42-point rally, but its advance was eroded by profittaking and sharply higher crude oil prices. Analysts said some consolidation was natural in the light of recent gains. Investors are also waiting for further economic news. The
        Reuter  -  794 words
      • Article, Illustration
        Lock icon Equities mixed in early trade
        998 19 London Reuter SHARES on the London market were quietly mixed yesterday ahead of the official opening with little impetus coming from Wall Street and investors cautious ahead of March UK money supply and lending data at 1030 GMT. By 0953 GMT the FTSE 100 Index
        Reuter  -  998 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1950 19 Reuter AMSTERDAM: Dutch share prices bottomed out at midsession after a steadily easier, quiet morning session yesterday as investors took some profits after recent sharp gains amid uncertainty over domestic interest rates and discord in the government, dealers said. The CBS All-Share Trend Index stood at a
        Reuter  -  1,950 words
      • Article, Illustration
        Lock icon SAS buys 40pc stake in Inter-Continental
        412 19 Airline to pay Japanese owner USssoom in cash FT SCANDINAVIAN Airlines System (SAS) is paying US$5OO million in cash for a 40 per cent stake in the Inter-Continental hotels chain owned by Seibu Saison. the pri-vately-owned Japanese retail and leisure group. The deal was
        FT  -  412 words
      • Article
        Lock icon US carmakers' first quarter earnings expected to exceed year-ago levels
        455 19 Reuter FIRST QUARTER earnings for US carmakers are expected to exceed levels of a year earlier but analysts doubt the momentum will continue through the rest of the year. Strength for the three-month period reflects aggressive production schedules and robust
        Reuter  -  455 words
      • Article, Illustration
        Lock icon Koito stake a long-term move: Pickens
        349 19 Reuter US CORPORATE Raider T Boone Pickens said he will hold his newly-acquired stake in Koito Manufacturing Co Ltd as a long-term investment and has no plan to greenmail the Tokyobased automotive lighting maker. "I am not trying to sell our shares back to
        Reuter  -  349 words
    • Article
      M Credit incurs first major loss this decade
      611 20  -  One-for-three bonus part of defensive strategy? By KEVIN GWEE BOGGED DOWN by heavy interest burden, Malayan Credit Ltd (MCL) has suffered its first major loss this decade. But it is softening the blow by announcing a one-for-three bonus issue. The property group
      611 words
    • Article
      Thai to increase passenger load two-fold in four years
      423 20  -  By JOHN TAN RIDING on the back of strong travel growth in Asia Pacific, Thai Airways International (Thai) expects to increase two-fold its current international passenger load of four million within the next four years. In an interview with BT, Thai's
      423 words
    • Article
      American groups commend Singapore for curbing copyright piracy
      551 20  -  By BOEY KIT YIN SINGAPORE has been praised by US computer, film, publishing and recording groups for its "tremendous achievements" in curbing copyright piracy. The International Intellectual Property Alliance (IIPA) of the US said because of efforts made in Singapore and Indonesia,
      551 words
    • Article
      Lock icon Economic gains if Sabah claim is dropped, says Manglapus
      368 20 AFP THE PHILIPPINES stands to gain economically if it drops its sovereignty claim over the Malaysian state of Sabah, Foreign Secretary Raul Manglapus said on Thursday. He told businessmen that the claim clearly could not be enforced. Dropping it would allow
      AFP  -  368 words
    • Article
      Lock icon S Korea must prepare for EC 1992, warn analysts
      395 20 Reuter SOUTH KOREAN exporters, seeking a firm foothold in Europe as they diversify away from the US and Japan, should brace themselves for a stronger and less benevolent 1992 European Community (EC), according to analysts. "The patience, understanding and goodwill in
      Reuter  -  395 words
    • Article
      Chiwan venture expects to make record profit
      381 20  -  By LILIAN ANG A GROUP of Singapore and Chinese companies operating an oil supply base in China expects to turn in its highest profit ever. The expected US$9OO,OOO profit for 1988 is about 38 per cent higher than the previous year s and
      381 words
    • Article
      Lock icon M'sian detainees released unconditionally can hold office
      295 20 AP POLITICAL leaders imprisoned without trial under Malaysia's Internal Security Act may hold public office if they are released from jail unconditionally, an official said yesterday. Detainees released under specified conditions must apply to the Registrar of Societies' office if they wish to
      AP  -  295 words
    • Article
      Lock icon Comex gold
      83 20 Reuter COMEX GOLD futures gained on early buying, triggered by expectations of strong gains in Nymex crude oil. June gold was ahead US$l.lO at U*****.20 an ounce but short of Wednesday s high of U*****.20. Analysts said local traders bought before the Nymex oil market's opening, hoping that
      Reuter  -  83 words
    • Article
      Lock icon Sakharov and others vote in repeat parliamentary polls
      222 20 AP ANDREI SAKHAROV and hundreds of other members of the Academy of Sciences voted yesterday in a repeat parliamentary election that one backer predicted would be a landslide victory for the human rights activist. Mr Sakharov appeared at Moscow State University at
      AP  -  222 words
    • Article
      Lock icon Deng no longer a hero, say demonstrators
      179 20 Reuter SATIRISED, in posters and the butt of jokes, Deng Xiaoping is no longer a hero for demonstrating students who say China's senior leader should face the ballot box or retire with dignity. "I think Mr Deng should retire. Because he is too
      Reuter  -  179 words
    • LATE FILE
      • Article
        Lock icon Bundesbank lifts two rates
        67 20 AFP THE West German Bundesbank decided yesterday to boost its two guideline interest rates by half a point each, a central bank spokesman said. The discount rate was increased from four per cent to 4.5 per cent, and the Lombard rate (on loans using securities as
        AFP  -  67 words
      • Article
        Lock icon Taipei to cut import tariffs
        31 20 Reuter TAIWAN'S Cabinet agreed yesterday to reduce tariffs on 378 foreign products to help slash the island's trade surplus and combat inflation, an official statement said.—
        Reuter  -  31 words
      • Article
        Lock icon Call for Japanese deregulation
        29 20 Reuter JAPAN should promote deregulation in various economic fields, especially the airline industry, because official regulation could hinder long-term efficiency, the Economic Planning Agency said.
        Reuter  -  29 words
      • Article
        Lock icon Malaysia's gold, for ex reserves fall
        57 20 Reuter MALAYSIA'S reserves of gold and foreign exchange stood at M 515.63 billion at mid-Marcb, down from MJ16.06 billion at end-Febru-ary, Bank Negara Malaysia said. The International Monetary Fund reserve position dropped to MS6O6 million from Ms6ls million, but holdings of special drawing rights
        Reuter  -  57 words
      • Article
        Lock icon KL to consult Asean partners
        39 20 AFP MALAYSIA will consult its Asean partners to reach a common position regarding Vietnam's announcement that it will withdraw its troops from Cambodia by the end of September, a Malaysian official said yesterday. AFP
        AFP  -  39 words
      • Article
        Lock icon Lange unfazed by defections
        40 20 Reuter PRIME Minister David Lange, unbowed by his lowest popularity rating since coming to power, fought back yesterday against defections from the left of his Labour Party and attacks from former allies on the right. Reuter
        Reuter  -  40 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      332 15 INVESTMENT ANALYST Swiss Bank Corporation (SBC) is a leading universal bank and one of the "Big Three" banks in Switzerland. It is one of the select few banks whose long term debt is given a "AAA" credit rating. Swiss Bank Corporation Stockbroking is the stockbroking division of SBC having a
      332 words
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      Page 15 Advertisements Column 2
      9 15 Clambo has been held due to pressure on space
      9 words
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      Page 15 Advertisements Column 3
      627 15 Financial Newsmakers p Straits Steamship Company Limited (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at the Straits Room, 10 Col Iyer Quay #29-00, Ocean Building, Singapore 0104 on 5 May, 1989
      627 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      562 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and In the matter of RICHTER PRIVATE LIMITED (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of RICHTER PRIVATE LIMITED duly convened and held at the Registered Office, 122 Middle Road, #06-08 Midllnk Plaza, Singapore 0718, on
      562 words
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      Page 18 Advertisements Column 2
      554 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and In the matter of SING FUNG HONG PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary eneral Meeting of the ompany held at 7500 A each Road #06-304/305, The laza, Singapore 0719, on Monday 17 APRIL 1989 at 11.00 a.m.
      554 words
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      Page 18 Advertisements Column 3
      305 18 THE COMPANIES ACT. CHAPTER 50 SECTION 290 (2Mb) NOTICE OF RESOLUTION ACTUS OVERSEAS MARKETING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of ACTUS OVERSEAS MARKETING PTE LTD held on the 12th day of April 1989, the following special resolution was duly passed: RESOLVED: That the Company
      305 words
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      Page 18 Advertisements Column 4
      246 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 PETROCON SWIRE OILFIELD SERVICES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 17 April 1989 the following special resolution was duly passed: "The the Company be wound up voluntarily and that
      246 words
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      Page 18 Advertisements Column 5
      20 18 Bangkok prices, Manila and New Zealand market reports were not available Managers must manage. BT shows you how every Monday.
      20 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      376 19 Pursuant to Artida 23 (4) of tha Artidas of Association of ths Company, it is haraby Snnouncad that front dadarabona racaivad by tha Company as at 31 March 1908.2.27% of tha iaauad ahara capital of tha Company ts banaOcaaNy ownad or controMad by toraign poraons. By Ordar of the Board
      376 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      85 20 Qtaihiing garaeri Hunan Cuisine Restaurant ft Singapore's much lauded Hunan Cuisine Restaurant also presents genuine Sichuan cuisine. Sauces and spices specially air-flown from Chengdu, Sichuan. Do try them out. %<■ 'H r/co, J 010 Charming Garden won the "American Award for Gastronomy 1987", and was awarded one of the 'Top
      85 words
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      Page 20 Advertisements Column 2
      4 20 More stories, Page 4
      4 words
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      Page 20 Advertisements Column 3
      120 20 Th« silver report wm not ■viiltUt at prtti Him WINDOW DRESSING IS OUR RUSINESS i CUSTOM MADE TO YOUR SATISFACTION CURTAIN SOFA 4 BEDSPREAD CUSHION COVHtS PELMET RUFFLES REUPHOLSTERY FURNISHING FABRIC FOR HOMES, OFFICES I HOTELS TRUSTED PRICE# QUALITY# CRAFTSMANSHIP {xus~tai/i7*((2rt) 102-06 Eminent Plaza, 195 Lavender Street Spore 1233 (Next
      120 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Milestone for Norwegian registry
        136 21 AFP NORWAY'S International Shipping Registry (NIS) registered its 500 th ship on Wednesday, the organisation announced. The NIS was established less than two years ago and registered 250 ships in its first year of existence. "We thought we had reached a saturation point, but the ships
        AFP  -  136 words
      • Article
        Lock icon Volume of idle capacity declining
        100 21 AFP THE WORLD VOLUME of idle tankers and combination carriers, which increased in March for the first time in seven months, resumed its downward trend in April, the latest statistics from London broker E A Gibson has shown. The volume of idle tankers in mid-April
        AFP  -  100 words
      • Article
        Lock icon Firm appointed to salvage carrier
        53 21 Reuter WIJSMULLER SALVAGE (USA) Inc has been contracted to salvage the 68,676-dwt Philippines bulk carrier Sapphire which was grounded on Monday on the Mississippi River. Lloyds Shipping Intelligence said on Wednesday that a surveyor had been to the vessel, which was carrying soybeans, to organise
        Reuter  -  53 words
      • Article
        Lock icon Grounded ship holed in forepeak
        57 21 Reuter THE 64,064-DWT Greek bulk carrier Esperos, grounded on Monday at the mouth of the Amazon, has been holed in the forepeak, Lloyds Shipping Intelligence said on Wednesday. The master reported no damage to machinery and has been told by the owners to ballast the
        Reuter  -  57 words
      • Article
        Lock icon Damaged vessel towed to Shanghai
        40 21 Reuter THE 15,291-OWT Cypriot vessel Teti, which suffered an explosion and fire on March 31, has been towed to Shanghai, Lloyds Shipping Intelligence said. The ship was north-east of Shanghai when the explosion occurred. Reuter
        Reuter  -  40 words
    • Article
      Magsaysay elected ABS committee chief
      131 21 THE SOUTH-EAST ASIA Australasian technical committee of the American Bureau of Shipping held its annual meeting on March 9 in Manila. Mr Miguel A Magsaysay, president of Magsaysay Lines, was elected chairman of the committee and presided over the meeting. Mr Ariffin Alias, managing di-
      131 words
    • Article
      Index to advertisers
      934 21 AB Shpg VII 5 ABBS lin« XII 3 ABC Contoinerline XI 5 Accord Shpg VIII 1/3 AfS XIII 3 Ahrenkiel liner XII 5 AC Toepter XIII 5 Americon Tpt XII 4 Arrow lines XI 5 Assoc Corrioge XIII 5 ANl in 1/2 APC line VII 4 API
      934 words
    • Article
      Lock icon Philippine domestic fares and freight rates to be raised
      315 21 AFP THE PHILIPPINE government has approved passenger and freight fare increases for domestic shipping. "We have recommended to the President and the Cabinet approved that fare rates for freight and passengers would have to be reasonably adjusted,'' Transportation Undersecretary Leopoldo de
      AFP  -  315 words
    • Article, Illustration
      Satisfactory growth for Penang's cargo traffic
      389 21  -  Significant increases seen in major categories last year By G DURAIRAJ IN SPITE OF reverses in the volumes of some cargo handled, Penang port recorded satisfactory growth in cargo traffic last year. A total of 8.4 million tonnes was handled, an 8 per cent
      389 words
    • Article
      ANL chief hits out at alleged discrimination against Australian exporters
      316 21  -  -By John Spiers THE AUSTRALIA-EUROPE shipping conference has been strongly criticised by the Australian National Line itself a member of the conference for alleged discrimination against Australian exporters. ANL chairman Bill Bolitho said Australian exporters were being discriminated against and
      316 words
    • Article
      Indian lines to ship iron ore to Japan under new deal
      287 21  -  By AJIT AGHARKAR AN AGREEMENT has been reached between Indian shipping companies and Japanese steel mills for Indian carriers to transport local iron ore to Japan. However, the agreement for 1989-90 will not cover iron ore that is shipped
      287 words
    • Article, Illustration
      Labour strife still plagues Genoa
      842 22 Dockworkers defy moves to lower costs and upgrade operations THE USUALLY BUSTLING port of Genoa has the eerie silence of an Etruscan cemetery. Its listless ships, immobile containers and cranes at half m UL are a conspicuous reminder that Italy's ports are far from resolving
      842 words
    • Article, Illustration
      Mrs Lim Kim San sponsors new Maersk container ship
      339 22 THE WIFE of the chairman of the Port of Singapore Authority, Mrs Lim Kim San, last Saturday christened Maersk Line's newest and largest container ship the Mette Maersk in Denmark. This is the first time that the head of a port
      339 words
    • Article
      Lock icon Iraq deepening channels between ports and Gulf
      187 22 Reuter IRAQ has eight giant excavators working night and day to deepen channels linking the strategic Shatt al-Arab waterway to the Gulf. Iraqi Transport Minister Mohammed Hamza was quoted on Wednesday in the ruling Baath Party newspaper al-Thawra as saying teams had reached
      Reuter  -  187 words
    • Article
      Bunker market report
      543 22 Density Water Carbon Ash Aluminium Sedimen Raaidua KG/M*3 V/V M/M M/M PPM M/M Exxon mi aftii ii il memoa ISO/Cimac 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 983 0.2 13.6 0.05 8 0.04
      543 words
    • Article
      Who acts for whom ...
      2248 22 Who acts for whom A B AB Shipping Boustaad Shpg Agencies (S) ABBS Una SMS Pte LM (S)/Tunas Satia (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (Sy Accord Container Lina (PK/PN) Ahrenkiel Linar Kim Shpg (S). AHrad C Toepler Ocaanua Shipping Agancy (S)/Muttiport Sdn Bhd
      2,248 words
    • Article
      Manila offering package of tax breaks and incentives
      368 23  -  By AL O LABITA JR MANILA has responded to a long clamour among Filipino shipowners by approving in principle a break from taxes and levies which they blamed for the stunted growth of the country's shipping industry. In a meeting on Wednesday
      368 words
    • Article
      London Freights
      972 23 HOPES of averting a national docks strike in Britain rose on Wednesday when union leaders called for arbitration in a dispute with port employers. The Transport and General Workers Union (TGWU). which is fighting to defend a jobs-for-life guarantee which the government intends to scrap, had been expected
      972 words
    • Article
      SHIPPING LIST where your ships are due... and when
      11563 30 3®aBS)(DOLB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      11,563 words
    • Article
      Lock icon Minister raps standards of Soviet merchant fleet
      296 34 Fairplay SOVIET MERCHANT Fleet Minister Yuri Volmer says only a third of the ships in the Soviet merchant fleet meet world standards and that 500 million roubles a year will be needed to modernise them. Mr Volmer said in an interview published in
      Fairplay  -  296 words
    • Article
      Lock icon Freight demand upturn predicted from 1991
      216 34 Reuter AN UPTURN in freight demand can be expected from 1991 but there will be little change until then, said the chartering manager of dry cargo carrier ProBulk (UK) Ltd. "The future of the dry bulk market is finely placed. We are presently in
      Reuter  -  216 words
    • Article
      Lock icon Indian unions to seek outside help in facing government
      362 34 Reuter INDIAN DOCKWORKERS' unions will seek international help to thwart government moves to break a strike that has virtually paralysed the nation's major ports and reduced exports to a trickle, a strike leader said yesterday. S R Kulkarni said in Bombay
      Reuter  -  362 words
    • Article
      Container schedules/ships in port
      1434 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Op code cargo schedule Location leuv* 02W 2104 89 1800 NO F7 0845 0945 A2 Mont Blanc M 74,915 2104 89 1800 MO F5 0830 0930 P3 Havellond 489 2104
      1,434 words
    • Article
      Shipping events
      300 34 April 11-21 Expoship 89. international marine conference and exhibition, Barbican Centre. London. April 22-28 International Association of Ports and Harbours conference. Miami. Details: Port of Miami-lAPH, 1015 North America. Miami. Florida. April 25-27 Marine cargo liabilities. practical maritime studies seminar. Ramada Hotel. 10 Berners St. London Wl. May
      300 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      6 21 TIMES STP Distributors rum PuMihmj Croup
      6 words
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      Page 21 Advertisements Column 2
      20 21 Lines and services represented by A Members of the Registry of Accredited Shipping Agents, Singapore National U Shipping Association. V
      20 words
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      Page 21 Advertisements Column 3
      547 21 TIMES Q&* 1 srrRV rt)H <» STP Distributors Labour strife plaguing Genoa GENOA'S listless ships, immobile containers and cranes at half mast are a conspicuous reminder that Italy's ports are far from resolving the labour problems that have plagued them for almost three decades. PAGE II Manila agrees to offer
      547 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      29 22 NOTICE 1 1 EAGLE LINER SHIPPING AGENCIES PTE LTD 'are pleased to announce their appointment as General Agents for TRANSOCEAN MARINE INC'S Regular Conventional Liner Service To/From USA/CANADA/MEXICO, j
      29 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1164 23 OOCL Podicati'il ft) (Quality iJorviftr JARDINE SNIPPING ACENCIES 200 CanW«* Road #1206 &*«•<*»«. SmfWO>• MOB Tit *****11 mix NO lIS ***** TERMINAI/CFS T«l 12®2U 220 BOOKINGS T«i SOOnt 235 PCSAKA JARDINE SHIPPIN6 Aa*l«SWl»}« PONT HUANG Til 36*118 N* PENANG TEL *****4 TtUX NO *A*®?«S Til *****8 PGUOANG TIL SI43U/3 TtitX
      1,164 words
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      Page 23 Advertisements Column 2
      1071 23 MAERSK LINE ET A FTD DESTINATIONS 7&m This wssk Lica M Closing Tims CY 25/4 0400 MRS CfS 24/4 1800 MRS LICA M MARIT M MARC MEN M LEISE M LOUIS M MARGRETME M LARS M LAURA M This mm Lie a M Closing Thus Of MIA 0400 MRS CFS
      1,071 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      697 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BREMEN EXPRESS BENCAIRN LONOON EXPRESS HAMBURG EXPRESS LA SEINE BENALDER BENAVON NIPPONCA HAMBURG BREMERHAVEN 11/5 ROTTERDAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN. AARHUS, GOTHENBURG, MALMO, HELSINKI, OSLO, AMSTEROAM. CARIBBEAN A S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO.
      697 words
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      Page 24 Advertisements Column 2
      339 24 o COLUMBUS LINE REEDEREI GMBH A SERVICE OP MAMBORG-SLD express $LMM:OWTO£J> S£PVX:E TO NORTHBOUND TO UKC TAMAITAI SAMOA V-15N FORTHBANK V24N IVYBANK V-24N ROM/A DAM HBC HULL (U.K.) 22/S Xfi 12/1 15* Iff* 22H 11/7 15/7 11/7 Acttptinf FCL to Antwerp/Br «m«n/F»liiitow«)3outh*inptoA/B«4fatt/GotlMii6ur| S5 5 a a jL. SMN SOCIETE MAURICIENNE
      339 words
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      Page 24 Advertisements Column 3
      1009 24 REGULAR .3U3: 3 IM3 TO EUROPE (VIA FEEDER) NOR ASIA SAMANTHA VMOS-3 17/4 5/4 20/4 15/5 ija* {Jf SJJ i"J WOENSORECHT V 8906-3 24/5 25 4 264 23 S g gf 2g 2g NORASIA MUBARAK VMO7-3 2/5 3/5 5/5 30 5 l 6 A£ NORASIA AL MANSOORAH VMOB-3 9/5 10/5
      1,009 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1360 25 Steamers Maritime Holdings Ltd P&O "^Containers CONTAINER SERVICE TO UK/CONTINENT LARGS BAY BREMEN EXPRESS BENCAIRN LONDON EXPRESS HAMBURG EXPRESS LA SEINE BCNALDCR BEN* VON Also Accepting Corgo For: HjMfeirf to Copanlugwi. Ajrton. Guth««burj. Malmo, Stockholm. Itolsinki, Sontf»fbor| Rotterdam to Antwerp. Amsterdam. 0»lo. Bajt«, Zufidi Br«wnhavon :to Brown Southampton :to >11
      1,360 words
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      Page 25 Advertisements Column 2
      1156 25 nun vAim i imc weekly express independent TANU UNt FAR EAST/EUROPE fullt containerised service WESTBOUND Alto accepting for Inland UK destinations Antwerp and Scandinavian ports. FMG FLOTA MERCANTE GRANCOLOMBIANA, S.A N4r>os». vm o« :o«. )MB A tAo i dl CHOYANG PARK 01E HANJIN OAKLAND 001E CHOYANG SUCCESS 02C HANJIN TONGHAE
      1,156 words
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      Page 25 Advertisements Column 3
      303 25 Hai Sun Hup Co (Pte) TEL: *****06 (20 Lmetl TLX R*****1 R*****2 Sl KASTKKN AK UN IK I.TD IMLintermaritime SOUTHERN AFRICA SERVICE 'Alio call* Li. t PE GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. 8M AGENTS: TO« T KtLAWC ROTA KINAtALU tel jam KUALA Ll«nw tel taom. JAKARTA tel
      303 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      695 26 HSINOSE MARITIME PTE LTD if ISLAMIC RIPUBLIC OF IRAN SHIPPING LINKS IRANIAN SEHVICE Singapore Loading for:IRAN MCEAD PJL69I Eta 19/4 BANDAR ABBAS UtOwM V** KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V 36 KYOWA VIOLET V.25 HK LOAD FOR: 5/5 VILA, NMA. LTK, SUVA. PAGO. APIA 26.5 GUAM.
      695 words
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      Page 26 Advertisements Column 2
      866 26 I TO EUROPE VIA SUEZ HANJIN SHIPPING CO., LTD. !"AtNERI-SKC' SER\ 'I TO USA PACIFIC SOUTH WEST HANJIN MASAN 04tW 22/4 HANJIN IE HAVRE 001W 29/4 QUEEN S WAY BRIDGE 00* 6,5 CHOYANG PARK 02W 13/5 S'poft LtHavrt R'tfam H bur j R'hinwi Fttewe 22/4 10*5 11/5 12/5 14/5 15/5
      866 words
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      Page 26 Advertisements Column 3
      1083 26 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVE* GIANT iWW I* PI 27* 20* 30*4 00*5 0b« EVER GENTRY 24* 25* 30* 01 tt 03<K 010 EVER GATHER B* WW 0W .205 .506 17/0 EVER GOVERN 10* ..06 IMB Ob .SO5 2206 24/0 EVER GRAND 13* I*o6 -O EVER GROWTH 23* 24*
      1,083 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1132 27 a W PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES FAR east VESSEL SEA PEARL HAI GUANO MAJAPAHIT aVESSEL SEA DRAGON —SEA HAWK I SEA HAWK I MAJAPAHIT SEA PEAR YOK NGO KOB 2%U 30/4 19/9 14/5 IT'S 31/8 1/9 2/9 ACCEPTING
      1,132 words
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      Page 27 Advertisements Column 2
      238 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT H«c KAO ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORT! TASMAN ASIA SHIPPING 1A t rii^rrii i SIN MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP TIM 29/4 TA NAVI6ATOH V3S V 5 2/6
      238 words
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      Page 27 Advertisements Column 3
      452 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYO PJ. GESURI LLOYD P.T. SAMUDERA INOONESIA P.T. TMKORA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES vsl/voy PALEMBANG/ICH-WB 27-29/4 KUTAI/17WB S. PANJANG/22 WB ANTWERP H BURG/ RDAM/AOAM BREMEN 28/5 30/5 13/7 11/7 21/7 25/7 Sut>|ect to Inducement. Also accepting cargo to Casablanca, I Port
      452 words
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      Page 27 Advertisements Column 4
      385 27 BOUSTEAD SHIPPING AGENCIES m HTONEYWA V24CW PA AN VI37W MYITKYEENAR ¥369* PAGAN VI4IW MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon Spore P.Kelang Penartg Bangkok BANK UNE NORTHBOUND TO UKC SPORE RDAM HMBG HULL TAMATAI SAMOA VISN 2S/4 22/5 26/5 12/6 FORTHBANK V24N 17/5 15/6 19/6 22/6 IVYBANK
      385 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      694 28 Kline KAWASAKI KISI.N KAISHA. LI D. 'I'JWA OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET VIA FEEOCR OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET VIA FEE OCR FEEDER VESSEL OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR •Via F««d« f 4 FEEDER VESSEL HUMBER BRIDGE TRANSWORLD BRIDGE NEPTUNE RUBY CHINA CONTAINER AMIMCA~-*ACIFtC SOUTH-WIST
      694 words
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      Page 28 Advertisements Column 2
      596 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Krian| Penjnj Loading tor Mother Vsl By feeder By Feeder KALIDAS Y. 42 14 Mjy 8 May 8 May FremMeßuSydn/Adtl TULSIDAS *41 1 j U n« 26 May May fremMeto Sydn,Adel. KALIDAS *.43 9 July 3 July 3 July Frem MeltSydn
      596 words
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      Page 28 Advertisements Column 3
      525 28 CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA UKC COHVKWnOHAX. I P K MMi Pwianf Kaantaa TV* m DACHANUHCN A VESSEL IQIU H£ «W IIUO HI urn iKANC HE m fklt *P#fl S>«ra fin he s» mm* w* TANC HE tfi IP PROSPERITY RIVER *5 Wi l*fi Otstiiution
      525 words
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      Page 28 Advertisements Column 4
      406 28 PHILI-ORIENT LINES PTE L 7rT p TT*7T?-g wr-» HEAD OFFICE 63 ROBINSON ROAD CO7-1 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX: RS ***** PHILI FAX *****76 ETA SINGAPORE |DESTINATION DUBAI DAMMAN KUWAIT, DOHA. MUSCAT, BAHRAIN ABU DHABI I SMARJAH JEDOAH (LCL) WEEKLY AQABA. MODE ID AH fwrl mmmxr. COLOMBO. KARACHI. BOMBAY. MADRAS,
      406 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      926 29 Spoie G«o«(il (nquiim iimn NtPIUNE AGtNCiS PIC. LIO. Boofcm.i Bookiiitl F( (U/AUSr (PAySfA iiwa JIHM ?«otw /none 2m\» vmm llUMfd/ OutMMd mim reimiiul mum «s 222UV3 EXPORT FEEDER VSL N. Emerald 07N N. Ivory 12N N. Emerald 08N N. Ivory 13N MOTHER VSL O. Exporter 4E N. Amber 4E O.
      926 words
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      Page 29 Advertisements Column 2
      136 29 VrrA JE CONTAINER LINE TEL: *****59 FAX *****63 JE CNTP LINE p KELANG) t Ew (03) 36' 1200 JE CNTP LINE (PENANG) *E. (04) *****6 INDIfI S.E. ASIA ConvwiMonal/ LCUFCL To COLOMBO, KARACHI. CMUTAGOHO, BOMBAY, MADRAS* CALCUTTA HARTcH MV "AARON S4H/SKK/SATTAMIP IST MAY s; :^ir c s,H/cOLOMeO stass* a,. MV
      136 words
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      Page 29 Advertisements Column 3
      423 29 T •J HEUNG-A SHIPPING Korean Flag Vessels SEM -CON T AIN£R'S£C DIRECT SERVICE r C c KEwANG PENANC KEEtUNG BUSAN INCHON Vessel's Name ETD BS S PO«E PKLG KEE BUSAN Mil GLORIA/904N 13/04 23-74/04 24-25/04 03-03/04 OMI/06 09/05 NO I DONAM/904N 11/04 28 30/04 01-02/05 10-1005 13-21/05 14/06 DRAGNET/904N 22/04
      423 words
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      Page 29 Advertisements Column 4
      764 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANC P KELANG MESSRS HAI THONG SHIPPING 127 Pwra Strwt. FW*. Malay** M/S HANDLING SYSTEM CO SON
      764 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      308 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. 11l m r»8li8 134 lines) FAX 2«24:W/?24«J16 lIUX HS 2*))Hrt A/I) SStMA MS 2')W) A/ll SSCAI) DSR-LINES VE6 OGuTPeHCHT 30S 1 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE HAVELLAND 4/89 0. GROTEWOHL 4/89 RUEBELAND 4/89 E. THAELMANN 4/89 T.
      308 words
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      Page 30 Advertisements Column 2
      51 30 T.SK. LIME WEEKLY CONTAINERISCO S6WVIC6 rtlTh C|x£C OA i ARRIVAt TSKLINE AGENCIES (S) PTE LTD TEL: *****6 a W MALAYSIA AGENT TRANS-ASIA SHIPPING CORP TEL: K.L *****77 PKL *****64 PNG *****2 HINOOE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER SINGAPORE SHIPPING CORPN (PTE) LTD TEL: 22SMM
      51 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      148 30 Regional Weather i 4 v> v 1 > 0 2OX 27 »X Q 27 20fK TOS 10S IOOt SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. April 21, 1969 Temperature Weother *C yA w#vj cWection with speed n knots Wane height LIGIND R Thunderstorm Shower Rom Cloudy Shy Surface wmdt
      148 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      891 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE I r~ IRAQI STATE ENTERPRISE fOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALWASITTI Sld S. Korea, Japan THROUGH BjLj to BACHDAD UPON REQUEST ACCEPTING CONTAINERS UPTO AQABA I BAC REEFER SPACE AVAILABLE
      891 words
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      Page 31 Advertisements Column 2
      296 31 MCHFIEIO MARINE AGENCIES |S| PTE ITO 160 TfL ***** 33 MO Hn«»i SA FAX li TEL6X AS ***** RISHIP 13 Lin«« tiMMritt iw ACCEPTING FCI ANI) CONVENTIONAL PEN/PKQ ETA SPOfIE LOAOtNQ FOB M/V ABBAY WOHZ 23/4 DAfItSSALAAM MOMBASA DJ«OUTI VOY 19WB ASSAB MASSAWA HOOEIOAM 28/5 DARESSALAAM MOMBASA. DJIBOUTI VOY 15WB
      296 words
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      Page 31 Advertisements Column 3
      882 31 SIGMA EXPRESS (S) PTE LTD FAX 2M9275 TLX RS ***** SHIP TEL: *****44 (6 Lines) a Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) ESSEL VOY I SPORE I JAKARTA VESSEL DELTA MAS DELTA MAS DELTA MAS VESSEL NIAGA XXVII VOY S'PORE J/ 99N/100S 22/4 25 100N/101S 28/4
      882 words
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      Page 31 Advertisements Column 4
      167 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE FULL CONTAINER SERVICE (ADEN/MUKELLA) 111 Mil MMiLU nv m IHUI CNOTE: DOOR TO DOOR/REEFER SERVICE AVAILABLE) CONTACT PERSONS MR ROBERT ON I HENRY/ MR JULIAN LIM/ ANWAR TELEPHONE NO. *****71, 224*072 TELEX/FAX NOS RS 20*40 BALTRA/*****73 OUR CUSTOM REGISTRATION NO: **********0
      167 words
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      Page 31 Advertisements Column 5
      124 31 sM>FARGO shipping Te1:224Q122 PORT KELANG (FCL ONLY) HONG KONG KEELUNG. KAOHSIUNG MANILA JAKARTA (FCL ONLY) TOKYO. KOBE. BUSAN (FCL ONLY) KARACHI, BOMBAY. COLOMBO (FCL ONLY) «/4. 27/4. 2/5, 8/5 23/4, 30/4, 7/5, 14/5, 21/5 22/4, 23/4, 26/4. 29/4. 30/4. 6/5 27/4, 2/5.1/5. 21/5. ft 23* 25/4. 13/5, 15/6. 14/7 ABC
      124 words
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      Page 32 Advertisements Column 1
      463 32 r^ss-ii»INTCIN»: M R Forwwcling is a memtw ol the M ♦P/SPEQAG owup o» compor*oj REGULAR LCL/FCL SERVICES TO: ANTWERP 22/4, 29/4 BASEL 27/4, 30/4 HAMBURG 22/4, 29/4 ROTTERDAM 22/4, 29/4 Also accepting bookings for other European ports on Conference and Non-conference Sailings. 151 Chin Swh Rd #03-11 Manhattan Hows*. S
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      356 32 J OcerrSeruice LCL/FCL SERVICE TO/FROM operates over 600 terminata/offioes in U.S.A. maintains over 35,000 tractors ft tracks, serves over 00,000 points ill U.S.A. offers reliable LCL/FCL services. General Agents: SINGAPORE JTSS3 *****22 (22 LINES) 0^***** Contact: Elaine Teo, Esther Yap. 21-*****4 transintra shipping (Singapore) private limited x Cargo bookings Tel:
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      381 32 PERINTIS LINE weekly full container service ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRABHAKTI (TUES) VOY SINGAPORE JAKARTA ETA ETD ETA ETD 254-255 25/4 26/4 29/4 28/4 256-257 2/5 3/5 5/5 5/5 258-259 9/5 10/5 12/5 12/5 PRASETIA (FRIDAY) VOY SINGAPORE SURABAYA ETA ETD ETA ETD 34/35 24/4
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      537 33 Everett Lines LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION, jf Penang* P. Kelang* Singapore M THOMASEVERETT Gdn. Kl9/21 Aprgf HUGHEVERETT 6/8 May MANOLOEVERETT 21/23 May K 6/8 May 21/23 May ORIENT LINE" JAPAN/BAY OF
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      Page 33 Advertisements Column 2
      308 33 Z I M FULL CONTAINER SMVICE acca*ln« FCL/LCL cargo** to USA Cm( A Wwt Co»it C*ud», HAITI. C«ita Rica. II Salvador, Guatemala. Handurat, Vamzutla. Paru. Ecuador Calowtla via Wart. Trinidad, larfeadoa. Antifua. St. Lucia. MontMrrat, Guayana via Kinfatoo ??TrTTTnTTTT^TwTTT7iH ACCEPNNC CAMO ro AOCLAIOC VIA MtIMUMC AM ALSO Ml 10 SHAM
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      700 33 ri II 1 «WMNQ 4 rMAMMOMTATIOM (ni) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 1 MAY MANILA 25 APR HONG KONG. ALL CHINA PORTS 29 APR KEELUNG. KAOHSIUNG 23 APR BUSAN 27 APR TOKYO. KOBE 25 APR CHITTAGONG 24 APR DUBAI 24 APR SYDNEY. MELBOURNE 7 MAY BRISBANE.
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      Page 33 Advertisements Column 4
      304 33 |i l FL SHIPPING PTE LTD FINE-LINER SHIPPING PTE LTD 70 SHENTON *AY 004 02C MARINA HOUSE S PORE 0?0/ TLX RS ??M1 FLINER FAX ??S?B% TKI-: *****77 (12 I.INKS) D««lnations: FROM PORT KELANG/SMGAPORE SHANTOU, GUANGZHOU vumui ft ma mix SINGAPORE AGENTS: I RAPID SHIPPING PTE LTD 4 TEL: *****77
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      Page 33 Advertisements Column 5
      386 33 PTC CONTAINER LINES FCI LCI SERVICE 1 Sl* EBMPE/m 30/4 RDM/HAM/ANT/LE HAVRE/GENOA 30/4 LDN/FLX/LVP/SOU MflXl M 28/4 LA./NYC/SFO 28/4 VANCOUVER/TORONTO/MONTREAL TT^MTHT n rTI.U 24/4 SYD/MELB/ADEL/FREM 24/4 AUCKLAND/WELLINGTON 2/5 P. MORESBY/RABUAL/LAE II Mil 111 27/4 BOMBAY/MADRAS/CALCUTTA 27/4 COLOMBO 27/4 KARACHI dciF CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VV] e 10/5
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      137 34 ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer) and breakbulk cargo for both north and southbound. Heavy lift capacity upto 60 tons. Vessel S'pore Penang T'ville Loading For "ANKE" VISB 21-22/4 25-26/4 12/5 Townsvllle, Port Moresby, Lae "ANKE" V2SB 24-25/5 21-22/5 10/6 (other
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      13 34 Expeditors International (Pac-Bridge Shipping) i U.S.A. —TWICE WEEKLY EUROPE WEEKLY PLEASE CALL: *****24
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      680 34 i~*h v CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR (M-*****2/' 07-*****8 07-*****3, 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE BREMERHAVEN. COPENHAGEN HELSINKI. MUM). OSLO. STOCKHOLM. JK. LOADING FROM: GOTHENBURG. BREMERMAVEN. HAMBURG. ROTTERDAM OTHER ORIGINS: AARHUS. AMSTERDAM ANTWERP, BASLE. BREMEN. COPENHAGEN. LE HAVRE. HELSENKI. MALMO
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