The Business Times, 14 March 1990

Microfilm: NL16959
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday March 14 1990 75*
    10 words
  • NEWS SUMMARY
    • Article
      Soviet Parliament creates powerful presidency
      50 1 THE SOVIET PARLIAMENT yesterday created a powerful presidency, tailored especially for Mikhail Gorbachev, and abandoned the communist party's seven-decade-old monopoly on power. Earlier, Mr Gorbachev went on the offensive over Lithuania's declaration of independence, declaring it "illegal" and rejecting talks with the Baltic republic's leadership.
      50 words
    • Article
      Israeli govt collapses
      25 1 ISRAEL'S governing coalition collapsed yesterday over Prime Minister Yitzhak Shamir's refusal to accept US proposals to begin the first Israeli-Palestin-ian peace talks.
      25 words
    • Article
      A taxing situation
      49 1 IF PERSONAL TAX relief is doubled from $2,000 to $4,000, the tax base will be reduced by nearly 16 per cent from the existing level of 885,000 taxpayers, said Finance Minister Richard Hu in Parliament yesterday on why personal reliefs must remain token sums Page 2
      49 words
    • Article
      Electronics sector tops
      14 1 THE ELECTRONICS industry is the star of Malaysia's manufacturing sector. PageS
      14 words
    • Article
      Tokyo investment falls
      12 1 JAPANESE INVESTMENT in US real estate falls. Page 10
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    • Article
      EC members divided
      17 1 THE EC member states are divided over the issue of Japanese investment Page 12
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    • Article
      Substation abuzz
      33 1 ALL POWER to the Substation. Things will go on-line for the pet project of the Practice Performing Arts Centre Ltd once its multi-disciplinary arts centre becomes operational in September Page 21
      33 words
    • Article
      KL hauliers lagging
      33 1 THE MALAYSIAN haulage sector is slow to invest in the new trunked radio communication service despite having been identified as one of the strongest potential markets. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones down
      27 1 BLUE CHIPS dropped 10.14 points five minutes after yesterday's opening at the New York Stock Exchange. The Dow Jones Index was at 2,676.57 points.
      27 words
    • Article
      Footsie down
      37 1 UK SHARES recovered nearly all their losses by midday yesterday in spite of renewed weakness in sterling. By 1308 GMT, the FTSE Index was 3.3 points down at 2,219.5 on turnover of 202.4 million shares.
      37 words
    • Article
      Acma operations shift
      30 1 THE LITYAN GROUP is to relocate Acma's fridge and air-con operations to either Malaysia or Indonesia in a joint venture with a Malaysian listed group Page 3
      30 words
    • Article
      Aussie firm in running
      38 1 AUSTRALIAN construction company Leighton Holdings Ltd is facing a strong challenge from a Canadian group for a US$l.5 billion Bangkok mass rail transit system contract but is confident of clinching the deal Page 4
      38 words
    • Article
      New Nomura venture
      29 1 JAPANESE brokerage giant Nomura Securities has set up a new venture capital firm to invest in emerging companies in the Asean and Asia-Oceanic regions Page 6
      29 words
    • Article
      CURRENCIES
      21 1 Exchange rates USS S$ 1.8745 Yen SS0.0I2320 MS SS0.6920 Money market rates Overnight 6 5/16% -15/16 3-month 6 5/16% unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$397.35 -US$3.90 Rubber S'pore April. l58.25'/kg -1.00 M'sia April M229.00»/kg -100 KL Tin Turnover 60 tonnes -60 Spot MS 16.86/k.g f0.05 Crude palm oil futures Turnover 715 lots -439 March M$700/tonne -5.00
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 781.86 -9.56 Kuala Lumpur ..3029.45 -22.03 Hongkong 2,887.62 -5.36 Tokyo *****.57 -747.66 Sydney 1560.6 -10.4 Monday Change New York 2686.71 +3.38 London 2,222.8 -11.5
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  • Article, Illustration
    Shangri-La to manage Portman Hotel in China
    430 1  -  By Lee Han Shih Property Correspondent IN A SHOW of confidencc in China, the Shangri-La group has taken yet another hotel in that country under its wings. It has secured a contract to manage the 700-room Portman Hotel in Shanghai starting from April
    430 words
  • Article
    Telecom awaits OK for charging local calls
    328 1  -  By John Tan SINGAPORE TELECOM has decided to go ahead with its plans to charge for local telephone calls but the final say lies with the government. BT understands that the statutory board recently concluded its study on moving away from its current
    328 words
  • Article
    Lost scrip: not M$ 200m as feared
    429 1  -  By Elaine Koh THE SPECIAL audit team sorting out the missing scrip problem on the Kuala Lumpur Stock Exchange (KLSE) is understood to have narrowed the amount to between Ms2s million and Ms4o million instead of the rumoured Ms2oo million. Broking sources in
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  • Article
    Parliament approves Budget
    379 1  -  By Anna Teo WITH ITS measures in place, the 1990 Budget will see Singapore through another year of good growth and bring it a step closer to being a developed nation, said Finance Minister Richard Hu yesterday, wrapping up two days' debate on his fiscal policy. Parliament
    379 words
  • Article
    Lock icon Water pact may be signed next month
    145 1 Bernama TIIE JOIIORE government expects to sign an agreement on additional water supply to Singapore next month, says Chief Minister lan Sri Ilaji Muhyiddin Yassin. Both sides had reached agreement on several basic issues like compensation, cost of water and preliminary works, he
    Bernama  -  145 words
  • Article, Illustration
    Tokyo market suffers another severe blow
    166 1 THE crumbling Tokyo market took another bashing yesterday from a weaker yen and renewed fears of an interest rate hike, with the unwinding of cash indices compounding the fall. Regional markets, however, displayed continuing resilience by posting smaller losses. In Singapore, the Straits Times
    166 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      309 1 EXECUTIVE PLACEMENTS g *****62 BEIJING BANKING ON LOWER YUAN 14 SAYING NO AND MEANING IT 15 ECONOMY HOLDS KEY TO POLLS 16 fcrcraft Schedule 29 Money Changer Rates 29 World Stock Markets 26 Broker rates 27 Regional News 8 Commodities 28 Regional Stock Markets 25 For market indices, editorial. Cryptic
      309 words
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      Page 1 Advertisements Column 2
      4 1 More reports, Pg 2
      4 words
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      92 1 SCHUHE BOUTIQUE #02 28 RAFFLES CITY SHOPPING CENTRE Hock Lock Siew, Pg 3 Like our exquisite Cantonese- Thai Prepared by authentic Hong Kong and 1 hai chefs. Ihe unique Uend M cooking styles will surprise s i you. Your tastebuds thrilled by different seafood (and non-seafood) dishes. Your senses delighted
      92 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Tax rate for unit trusts generous: Dr Hu
        102 2 THE NUMBER of domestic unit trusts has grown from 22 last July to 27, with seven more applications pending, said Finance Minister Dr Richard Hu yesterday. Responding to calls to exempt unit trusts from tax altogether, Dr Hu said there is little
        102 words
      • Article
        R&D insufficient, warns MP
        68 2 WHILE the government continues to devote substantial resources to R&D, the private sector has not been pulling its weight, said Dr Low Seow Chay (Chua Chu Kang). If this state of affairs continues, Singapore's current competitors may surpass the Republic in future. He also called on
        68 words
      • Article
        Child-care centre subsidies
        95 2 SUBSIDIES for child-care centre operations are expected to cost about $9 million this year, and likely to exceed $14 million the next financial year, said Dr Hu. The sums cover subsidies to meet losses and the release of Housing and Development Board and other government premises for
        95 words
      • Article
        Bill to create new board
        62 2 THE National Parks Bill was introduced by Senior Minister of State for National Development Dr Lee Boon Yang. It will provide for a new statutory board the National Parks Board to develop, manage and promote Singapore's three national parks as international resource centres. They are
        62 words
      • Article
        Dealers may register now
        67 2 THE Registry of Vehicles is inviting car dealers to register themselves in order to be eligible to apply for vehicle entitlements under the new quota system. The system comes into effect on May 1. Approved motor traders will be able to apply for a maximum of
        67 words
      • Article
        Checking up Indon prospects
        88 2 TWENTY-FOUR Singapore contractors, real-estate developers, consultants and industry officials leave for Indonesia today on a four-day mission to explore investment and business opportunities. The mission, jointly organised by the Construction Industry Development Board, Real Estate Developers Association and the Trade Development Board, will be briefed on
        88 words
    • Article
      Why personal tax relief is kept at a token sum
      456 2  -  By Anna Teo IF THE personal relief is doubled to $4,000, more than 140,000 people or about 16 per cent of the current tax base of 885.000 will be out of the tax net, said Dr Richard Hu yesterday, explaining
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    • Article, Illustration
      Better to invest surpluses: Augustine Tan
      433 2  -  By Shoeb Kagda THE ROLE of the public sector in Singapore's economy, rising rents and interest rates, and an over-depen-dence on multinational companies for economic growth were among the business concerns raised in Parliament yesterday. In the context of a tougher international environment, this
      433 words
    • Article
      International fashion school to open doors in June
      248 2 SINGAPORE'S fashion industry will get a muchneeded boost when an international fashion school opens here in June. Equipped with the latest design computer software and techniques, the LaSalle College International Fashion School is a 30-70 joint venture between a local businessman and
      248 words
    • Article
      Toshiba sets up regional office
      235 2 JAPANESE electronics giant Toshiba has picked Singapore as its base to oversee the regional sale of electronic components. Toshiba Electronics Asia (Singapore) Pte Ltd, with a capital of $3 million, is expected to boost sales of its electronic components and marketing operations in the Asia-Pacific.
      235 words
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      Page 2 Advertisements Column 1
      461 2 Word processing will evolve more on this page than it has in the last ten years. you look at the new Won! for two Windows™ even stand t0 Win free software wg V^b You stare. A conscious close of the lucky draw. Afterall mouth may even be necessary. =%=~LS Don't
      461 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY 1
      277 3 Other indicts Close Previous Net change Mar 13 Mar 12 BT Composite 1368.39 1381.10 -12.71 BT-MGA 781.86 791.42 -9.56 ST Industrials 1565.68 1582.06 -16.38 BT OB/OS -99 +68 -167 BT CADI -5448 -5393 -55 BT 10-day MA -5337 -5328 -9 BT OBV +*****65 +*****56 -*****1 ST Finance
      277 words
    • COMPANY BRIEFS
      • Article
        Genting ups stake in Resorts
        118 3 GENTING BHD has increased its shareholding in Resorts World Bhd to 298.56 million shares through a series of acquisitions between Feb 21 and March 3. The purchases of the additional 1.156 million shares were made in the open market by its wholly-owned subsidiary, Maxitage Sdn
        118 words
      • Article
        MUI discloses interest in IGB
        118 3 MALAYAN UNITED Industries Bhd (MUI) disclosed it has acquired 30.707 million shares in IGB Corporation Bhd, representing a 12.74 per cent stake in the company, between April 11 and Aug 23 last year. In a letter to the KLSE, MUI said it purchased 13.369 million
        118 words
      • Article
        MPI explains land purchase
        48 3 MALAYSIAN PACIFIC Industries Bhd (MPI) says its subsidiary, Carsem (M) Sdn Bhd, paid M 52.83 million for a 12.5-hectare site in Ipoh it bought from the Perak State Development Corporation. MPI added that Carsem proposed to construct a two-storey branch factory on the site.
        48 words
    • Article
      RMCA Re posts lower interim profit
      282 3 RMCA Reinsurance Ltd, an associate of insurance giant Insurance Corporation ot Singapore, has suffered a one-third drop in interim profit which it attributed to weather-related losses in the US and Europe and a higher tax charge. For the six months ended Dec 31, 1989,
      282 words
    • Article
      KLSE and SES must join forces to solve missing scrip problem
      579 3  -  THE HOCK LOCK SIEW COLUMN By Rosie Tan WHATEVER their differences, officials from the Malaysian and Singapore stock exchanges had better forget them for the time being at least, and sit down soon to resolve the issue of the
      579 words
    • Article
      Acma finds KL partner for air-con operations
      446 3  -  By William Chia THE LITYAN GROUP, which completed a successful reverse takeover of Acma Electrical Industries Ltd earlier this year, is relocating its loss-incurring refrigerator and air-conditioner business to Malaysia and Indonesia as joint venture operations. Acma is expected to make an announcement
      446 words
    • Article, Illustration
      Lock icon Temerloh to acquire Ladang Yayasan
      488 3 Bernama TEMERLOH Rubber Estates Bhd (TRE) has entered into a conditional sales and purchase agreement with Yayasan Negeri Sembilan (YNS) to purchase the entire interest in Ladang YNS for Ms2l million. The acquisition was part of a scries of announcements in Kuala Lumpur yesterday made
      Bernama  -  488 words
    • Article
      Keppel pumps more funds into Philippine unit
      344 3  -  From Al O Labita Jr in MANILA KEPPEL Corporation is injecting fresh funds into one of its two Philippine subsidiaries to part-finance the upgrading of its ship building and repair facilities. The new capital infusion, made through Keppel Philippines Shipyard Inc (KPSI), represents
      344 words
    • Article
      Lock icon Palmco in joint venture to produce ester
      144 3 Bernama PALMCO HOLDINGS Bhd and Danisco A/S Grinsted Products of Denmark have signed a joint-venture agreement to set up a plant in the Prai Industrial Complex to produce ester for food and technical applications. Palmodan Sdn Bhd, in which the two companies will
      Bernama  -  144 words
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      Page 3 Advertisements Column 1
      91 3 DOES YOU—zzz—CE LULA-—z-z-z— P H O N O U N D —z-z-z U ST OK AY--z-z-z--world's ing new has creation of a cellular phone that has virtual|y no or interference. Even when W you're surrounded by tall buildings. And it comfortably small, exciting features that make all the difference A
      91 words
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  • REGIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      184 4 HONGKONG Indicts Close Open High Low Volume Change Hang Seng Index 2,887 2,892 2,898 2,887 -5 Hang Seng Spot 2,915 2,916 2,923 2,900 333 -7 Close Previous Net Change Mar 13 Mar 12 Hang Seng Finance 2,054.61 2,067.06 -12.45 Hang Seng Utilities 3,579.03 3,580.49 -1.46 Hang Seng
      184 words
    • COMPANY BRIEFS
      • Article
        Matsushita R&D investment
        49 4 MATSUSHITA ELECTRIC Industrial Co Ltd is investing MSB million in a television research and development centre in Malaysia. According to Toshikatsu Yamawaki, director of the company's television division, the centre is aimed at localising technology and using local content to meet the needs of regional markets.
        49 words
      • Article
        Yangtzekiang share balloting
        46 4 THE BUMIPUTRA PORTION of the Yangtzekiang Bhd public issue of 8.56 million shares of Msl each at MSI.BO per share has been oversubscribed by 22.64 times. A total of 32,721 applications for 39.63 million shares was received for 1,677,000 shares allotted to bumiputras.
        46 words
      • Article
        Ishihara to buy Aussie firm
        64 4 JAPANESE CHEMICAL CONCERN Ishihara Sangyo Kaisha Ltd has agreed to acquire Australia's Ravensthorpe Mining and Investment Pty Ltd for As 33 million. A company official said Ishihara, Japan's biggest producer of titanium oxide, would buy 50 per cent of the firm from Japan's Onoda Cement
        64 words
      • Article
        Sale of THC a step closer
        103 4 THE NEW ZEALAND GOVERNMENT will take the next step towards selling the Tourist Hotel Corp (THC) on March 23 by turning it into a limited liability company. "This will facilitate the Crown's ability to sell its interest in the THC," state-owned Enterprises Minister Richard
        103 words
    • Article
      Lock icon Tokyo brokerages lower forecasts
      461 4 Reuter THE RESEARCH ARMS of Japan's Big Four brokerages, Nomura, Daiwa, Nikko and Yamaichi Securities, have lowered their forecasts for corporate earnings in fiscal 1989-90, ending this March 31, and 1990-91. "It's a recognition of reality," economist David Pike at ÜBS Phillips and Drew International said
      Reuter  -  461 words
    • Article, Illustration
      Lock icon Leighton shrugs off Bangkok rail challenge from Canada
      371 4 AFP AUSTRALIAN construction company Leighton Holdings Ltd is facing strong challenge from a Canadian group for a US$l.5 billion Bangkok mass rail transit system contract but is confident of winning the contract. The Canadian govern-ment-backed Lavallin International group, in an attempt to
      AFP  -  371 words
    • Article
      Lock icon BTR Nylex profit up by 65pc despite high interest rates
      313 4 Reuter INDUSTRIAL conglomerate BTR Nylex Ltd said it has overcome high interest rates and disappointing results from its Taiwanese operations to lift net profit by 65 per cent to A 5521.04 million in calendar 1989. BTR Nylex, 62.5 per cent
      Reuter  -  313 words
    • Article
      Lock icon Ashton Mining expects good results to continue
      346 4 Reuter DIAMOND and gold miner Ashton Mining Ltd expects good profits and cash flow to continue after more than doubling equity net profit to A 530.24 million in calendar 1989 from A$ 13.72 million in 1988. Chief executive David Tyrwhitt said in Melbourne
      Reuter  -  346 words
    • Article
      Lock icon Philippine exchanges to hold merger talks
      145 4 Reuter THE PHILIPPINES' two rival stock exchanges have agreed to hold formal talks on a merger. Officials of the exchanges said on Monday that they had agreed to form a joint committee, with five members from each bourse, and to meet on March 27
      Reuter  -  145 words
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      366 4 YOU DON'T HyWE TO BE A GENIUS TO FIGURE l|J OUT THAT A 386sxsvsTEM^S^s<^il ArA 286pRK:E Yes, that's true a these features and more are 83a standard' After all,the next best thing to getting A T a personal computer at budget price is to vJU 1 1 32 -bit processing
      366 words
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      Page 4 Advertisements Column 2
      81 4 A MUC Alumni ffv Lunch Talk Come and Learn about ESSENTIALS OF SUCCESSFUL ENTREPRENEURSHIP A SINGAPORE EXPERIENCE Alumni Speaker: Mr Steven Chan, Managing Director Electro-Magnetic (S) Ltd Winner of 1989 Enterprise Award DATE Saturday. 24 March 1990 TIME 1.30 pm 3.30 pm VENUE Pin©tree Town Country Club PARTICIPATION (Including Western
      81 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Rhone-Rorer deal creates a major drug company
      384 5 Reuter FRANCE'S chemicals company Rhone-Poulenc and American drug company Rorer Group have joined forces to create a new pharmaceuticals company that will rank among the world's top 10. The deal is the latest of a series of mergers among the world's major drug
      Reuter  -  384 words
    • Article
      Lock icon Walt Disney on expansion drive
      209 5 Reuter THE Walt Disney Company has announced expansion plans in France, Japan and the United States, including a residential development in Florida. Dick Nunis, president of Walt Disney Attractions, unveiled the 'Disney Decade' and told reporters: "We are going to reinvent the Disney park." Mr
      Reuter  -  209 words
    • Article
      Lock icon Glaxo expected to outgrow SmithKline
      354 5 Reuter SMITHKLINE Beecham pic, the world's third largest drug company, and Glaxo Holdings pic, the fourth, are both expected to race ahead in the next five years, but Glaxo will have the edge in profit growth, analysts believe. Both have a big-selling drug responsible for
      Reuter  -  354 words
    • Article
      MARKET SUMMARY 3
      95 5 NEW YORK M»r>2Indices ckwe Prrriotn NctCkuft' Dow Jones 2686.71 2683.33 +3.3S' NYSE Composite 186.51 186.18 +0.33 Standard Poor s 500 338.67 337.93 +0.74 Turnover (nearest *000) 114,790 151,700 -36,910 LONDON Financial Times 30 1,751.8 1,763.8 -12.0 FTSE 100 2,222.8 2.234.3 -IIJL Turnover (nearest 000) 223,400 549,100 -325,700
      95 words
    • Article
      Lock icon Winterthur to expand its American business
      285 5 FT WINTERTHUR Insurance of Switzerland has announced a significant expansion of its US activities with the agreed US$63O million purchase of a group of property and casualty companies from Saul Steinberg's Reliance Group Holdings. Winterthur said it had been planning for some time to
      FT  -  285 words
    • COMPANY BRIEFS
      • Article
        Grand Met to sell UK brewing interests
        155 5 GRAND METROPOLITAN pic has agreed to sell its UK brewing operations to the Courage Holdings pic unit of Elders IXL Ltd for a net cash sum of £366 million. In further restructuring, around 4,940 Courage tenanted and managed public houses and some 3,570
        155 words
      • Article
        Mannesmann plans ventures
        82 5 WEST GERMAN industrial group Mannesmann said on Monday it was planning to cooperate with East German enterprises in a number of sectors including machine-tools, hydraulics and tubes. Several subsidiaries had already signed accords or declarations of intent with East German partners, and others were being prepared. Mannesmann
        82 words
      • Article
        Pilkington gets go-ahead
        97 5 GLASS MAKER Pilkington pic said it received US regulatoly clearance for Japan's Nippon Sheet Glass Co Ltd to take a 20 per cent stake in Pilkington's US subsidiary Libbey-Ow-ens-Ford Co. Under the agreement, originally announced in March 1989, NSG will invest US$23O million in the stake. LOF
        97 words
      • Article
        AT&T to share ingredient
        67 5 AT&T signed an agreement on Monday to share a key ingredient used to make advanced semiconductors under the auspices of Sematech, the consortium of computer chip makers formed to boost US semiconductor competitiveness. Under the agreement, American Telephone and Telegraph Co will allow a division of
        67 words
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      49 5 ■..■.iIJIIIJIiJIMMIIIimiIIIMJJJJIIILIIIJMJiUM Tl Group Full Year 1989 Pre-tax profit £111.5 m UP 31% Earnings per share 49.0p UP 29% Dividend 17.5p UP 30% For further information about the Tl Group, contact the Department of Public Affairs. Tl Group pic. 50 Curzon Street. London WIY 7PN, England Continuing growth. Record results.
      49 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Nomura Securities forms venture capital firm
      386 6  -  By Quak Hiang Whai IN A MOVE that will boost its developmental role in this part of the world, Japanese brokerage giant Nomura Securities has formed a venture capital company to invest in emerging companies in the Asean and Asia-Oceanic region. The new company
      386 words
    • Article
      Lock icon Huge rush for debut bills in HK
      143 6 Reuter HONGKONG Exchange Fund three-month bills, launched yesterday, were hugely oversubscribed with HKS3OO million of bills allotted against the market's demand for HKS2.OI billion worth. "It's not surprising the first time round," said Secretary for Monetary Affairs David Nendick. "With no one quite
      Reuter  -  143 words
    • Article
      Lock icon Citic issues covered warrants on HK Telecom
      241 6 Reuter STATE-OWNED China International Trust and Investment Corp (Citic) issued 669.164 million covered warrants on Hongkong Telecommunications Ltd at 19.25 US cents each, co-lead manager Barclays de Zoete Wexld said. Barclays de Zoete Wedd said the indicated premium range will be from 14
      Reuter  -  241 words
    • Article
      Lock icon Jakarta gets US$ 250m ADB loans
      112 6 AFP THE Asian Development Bank (ADB) has approved two loans totalling US$25O million to Indonesia for* a programme to improvfc food-crop production. One loan of US$l5O miW lion will be from the bank's ordinary capital resources, payable at a variable interest rate over 15
      AFP  -  112 words
    • Article
      Lock icon KL's insurance act being reviewed
      216 6 Bernama THE director-general of insurance, Tan Sri Jaftar Hussein, said yesterday that Bank Negara was in the midst of reviewing the Insurance Act to provide for a modern and more effective legislative framework for the industry. Relevant regulatory provisions similar to those found in the
      Bernama  -  216 words
    • SMALL CHANGE
      • Article
        Commerzbank plans 10 branches in E Germans
        64 6 WEST GERMANY'S third largest bank, Commerzbank, W on Monday that it planned to open 10 branches ,in EjM Germany as soon as possible, including East Berlin, LeipaSi and Dresden. Some 1,300 Commerzbank staff had expressMß interest in working in East Germany, but most
        64 words
      • Article
        Baring for the first time
        82 6 BRITAIN'S oldest merchant bank. Barings, on Monday pifn lished annual results for the first time in its 228-year saying its taxable net profit stood at a record £65.4 millisl (US$lO6 million). The bank said this was a 154 per caß increase over the 1988 figure
        82 words
      • Article
        Libra Bank calls it a day
        51 6 LIBRA BANK pic, the London-based consortium bank sfIHM cialising in Latin America, will wind down operations a*R repay its creditors, a senior bank official said yesterdagjj Libra, until now a leading market maker in sovereign lotnfr will issue a formal public statement concerning its
        51 words
      • Article
        Room to trade
        34 6 AMERICAN International Group Inc (AIG) announced MC? agreement to form a new joint venture with former empl<£f2 ees of Drexel Burnham Lambert Trading Corp to engage commodities trading and market-making activities.
        34 words
      • Article
        Orders from London
        72 6 THE new multi-lateral bank planned to back market-econJS my reforms in Eastern Europe seems set to be headquarterig in London with a French official as its first president, delegation sources said as its founding members began two-dli' high-level talks in Paris on Saturday. Senior officials of 3$
        72 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
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      Page 6 Advertisements Column 1
      172 6 Compact I «h*«p I brirtß IX-9500 »>•-'-. The new laser printer that's 11 emulates sof the most popular Flexible paper handling manual n u- v printers: HP LaserJet Series 11, Epson feed accepts even envelopes and small in size, big on quality. FX-80, IBM Graphics Printer, IBM Pro transparencies The
      172 words
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      50 7 If you find 1 THE BOTTLE IMPRESSIVE. 9 WAIT UNTIL YOU 9 I TASTE THE SCOTCH. h AI G CO EDINBURGH I SCOTLAND I £y-j I yS I r I 1 4 ■■'%y c '&>* d&[ ■vi St i. >- v* **0* I THE DIMPLE. EROM THE OLDEST DTSTILLERS OF
      50 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Patent system coming along fine
        119 8 MALAYSIA'S patent system is gaining momentum as a means to protect innovative technologies among local as well as foreign investors, judging from the response of the past three-and-a-half years. Standards and Industrial Research Institute of Malaysia (Sirim) Controller Dr Ahmad Tajuddin Ah said in Kuala
        119 words
      • Article
        National interests first please
        93 8 UNION LEADERS should place national interest above their own political and personal image, Malaysian Labour Minister Datuk Lim Ah Lek said in Kuala Lumpur on Monday. This was important to ensure the welfare and livelihood of the workers they served were not undermined, he said in
        93 words
      • Article
        EC assures Indonesia
        100 8 THE European Community yesterday assured Indonesia not to worry about the shifting of the EC s investments to East Europe, saying the amount of capital affected will account to only 10 per cent of the total investment. EC Chief Representative in Jakarta, Van der Meulen, said before
        100 words
      • Article
        Home-made puffs to cost more
        69 8 INDONESIA has raised excise rates on locally-made cigarettes by between 20 and 50 per cent in an effort to instill healthy competition in the domestic market. A finance ministry spokesman in Jakarta said yesterday that the new rates become effective on April 1, the start
        69 words
      • Article
        Foreign investment in Manila
        72 8 FOREIGN INVESTMENT in the Philippines in 1989 hit U*****.24 million, up 182 per cent on 1988's U5572.04 million. The Central Bank in Manila said yesterday that the US was the largest source of foreign investment last year, with a recorded US$6B.B million, an increase of 136
        72 words
      • Article
        More border talks
        45 8 A BURMESE TEAM left for Thailand on Monday for a meeting of the Thai-Burmese joint border committee. Staterun Rangoon Radio reported on Monday that the 23-member delegation was seen off at Rangoon's airport by senior Burmese military officials and Rangoon-based Thai diplomats.
        45 words
    • Article, Illustration
      Lock icon M'sian electronics sector plays the starring role
      398 8 Bernama THE electronics industry has emerged as the undisputed star of Malaysia's expanding manufacturing sector, unshaken by a tightening labour market and rising wages that officials said they once feared would cripple most plants. The list of electronics companies operating in Malaysia reads
      Bernama  -  398 words
    • Article
      Lock icon French holding firm formed to help rebuild Cambodia
      205 8 AFP A FINANCIAL and industrial holding company has been formed in Paris by a group of Cambodian-bom French citizens to "take an active part in the post-war reconstruction of Cambodia," a French magazine said on Monday. The firm, Seila, believed to be
      AFP  -  205 words
    • Article
      Lock icon KL urged to allow foreign majority stakes
      259 8 Bernama THE Malaysian government should allow foreign investors to hold a majority stake even in domestic projects. The Malaysian International Chamber of Commerce and Industry (MICCI) said on Monday that foreign investors should also be allowed to take up a majority stake in
      Bernama  -  259 words
    • Article
      Lock icon M'sia may set up high-tech industrial estates
      295 8 Bernama MALAYSIA is studying the feasibility of setting up special industrial estates to cater only for high-tech industries. The director of the Malaysian Industrial Development Authority's planning, research, and international cooperation division, Low Peng Lum, said yesterday that the government was about to
      Bernama  -  295 words
    • Article
      Lock icon Hun Sen on free polls in Cambodia
      189 8 AP CAMBODIA'S prime minister says free elections can be held in the country without prior dissolution of his government because in Nicaragua and elsewhere, opposition parties have recently won polls conducted under the incumbent governments. Premier Hun Sen's comments came in a letter
      AP  -  189 words
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      124 8 > < 4 7/ dancing discos and i^_^^m|L/^*'' >?*PSSiy!sflKl2Ss^^i at three 1990 thr ioth Anniversary of both the Tourism Authority of Thailand and Thai Airways International mm <- I To crM>r<itr u*t* a unique "DISCOVER THAILAND TICKET With this ficfcrt. you can fly to the 4 corners -_V- '-rr l|(
      124 words
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      211 9 Like All The Best Airlines We Check Our Passengers On Board. I r>-~|F < '*w ■~to W i,- fl W "F™ H jj L 4w* V* 1 f w«r* 5 :> i-->*■*<.•^v^F'mJEaMP^ One By One. It's just one step in the electronic tracking of your international express shipment, when you
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  • THE WORLD 1
    • Article, Illustration
      Lock icon US, Japan intensify efforts to resolve trade disputes
      474 10 Reuter FORMER Japanese Prime Minister Noboru Takeshita told US President George Bush on Monday that Japan's new prime minister had created a special team to resolve US trade complaints and is aware the complaints are urgent, the White House said. The one-hour
      Reuter  -  474 words
    • Article
      Lock icon White House receptive to tax hike plan
      374 10 Reuter THE WHITE HOUSE has given a surprisingly warm reception to a top Democrat's plan to reduce the federal deficit by raising taxes and freezing social security benefits positions long opposed by President George Bush. "There is some room to talk here," White
      Reuter  -  374 words
    • Article
      Lock icon Housing options
      84 10 Reuter JAPAN'S Construction Ministry is considering introducing options contracts so that consumers can buy stakes in condominiums and hedge against rises in real estate prices, a ministry official said. The plan would require several modifications to the legal and tax systems and may take some time to launch,
      Reuter  -  84 words
    • Article
      Lock icon Japanese investment in US real estate falls llpc
      298 10 AP JAPANESE PURCHASES of US real estate fell 10.7 per cent in 1989, with investment shifting from office buildings to hotels and resort properties, a real estate accounting firm reported on Monday. The Japanese spent U5514.77 billion last year, compared with U5516.54
      AP  -  298 words
    • Article
      Barriers crumbling between Taiwan and China
      247 10 THE LAST BARRIERS separating Taiwan and China appear to be crumbling as Taiwanese businessmen press for greater access to mainland markets. The Nationalist government's Mainland Affairs Task Force, a cabinet committee which formulates policy towards Beijing, has recommended allowing local manufacturers to travel to
      247 words
    • Article
      Lock icon Bush said to pledge aid to Nicaragua
      127 10 AFP US PRESIDENT George Bush was due to lift an economic embargo against Nicaragua yesterday and urge the US Congress to approve US$5OO million in aid, Presi-dent-elect Violeta Chamorro announced on Monday. Her announcement conflicted with statements in Washington by US officials speaking
      AFP  -  127 words
    • WORLD WATCH
      • Article
        Lock icon Soviet communist party income around US$ 4b
        79 12 AFP THE SOVIET COMMUNIST PARTY'S annual income is just over 2.56 billion roubles (around US$4 billion at the official exchange rate), most of it coming from subscriptions, the party daily Pravda revealed on Monday. Mr Nikolai Kruchina, who is in charge of party
        AFP  -  79 words
      • Article
        Lock icon Poland keen on S African trade
        69 12 AFP POLISH BUSINESSMEN are keen to expand their trade with South Africa. Reporting on his recent tour of eastern and central Europe, South African Trade and Industry and Tourism Minister Kent Durr said in Cape Town on Monday that he had met several ministers,
        AFP  -  69 words
      • Article
        Lock icon Thatcher vows to stay in power
        112 12 Reuter BRITISH PRIME MINISTER Margaret Thatcher, ignoring talk of a leadership crisis, has vowed to stay in power as fresh violence flared in a simmering nationwide protest against a new tax. Mrs Thatcher, whose leadership is beset by economic troubles and street demonstrations against
        Reuter  -  112 words
      • Article
        Lock icon UAE becoming big US market
        94 12 AFP THE UNITED ARAB EMIRATES (UAE) has become the third largest Arab market for US goods, the American ambassador in Abu Dhabi said on Monday. The UAE's imports from the US were exceeded only by Saudi Arabia and Egypt among Arab countries in the Middle
        AFP  -  94 words
      • Article
        Lock icon NZ not planning to boost taxes
        74 12 AFP THE NEW ZEALAND GOVERNMENT will balance its budget without increasing taxes by the end of the next financial year. Finance Minister David Caygill said yesterday. In a speech in Auckland, he said bringing expenditure and revenue into line had to be a top
        AFP  -  74 words
      • Article
        Lock icon Trial for Ceausescu children
        95 12 AFP THE TWO SONS and daughter of Nicolae Ceausescu and their spouses face trial in six weeks' time on charges of undermining the Romanian economy, court sources in Bucharest said on Monday. The late dictator's youngest son and heir apparent, Nicu, is also accused of being
        AFP  -  95 words
    • Article
      Lock icon EC divided over Japan issue
      403 12 Reuter NATIONS in the European Community nations have not been able to form a joint policy towards a flood of Japanese investment ahead of 1992 and will have to rely on the US to pry concessions from Japan, say diplomats in Tokyo. Sharp differences among
      Reuter  -  403 words
    • Article, Illustration
      Lock icon S Africa may cut defence budget
      248 12 Reuter SOUTH AFRICA'S government is expected to unveil a restrictive budget for the second straight year today, slashing defence spending and earmarking more funds for black education, housing and social benefits. "It is likely to be a tight budget with a shift in government
      Reuter  -  248 words
    • Article
      Lock icon Watershed year for single market
      206 12 AFP THE SUCCESS or failure of the European Community's plan to forge a single market by 1993 will be decided this year, according to a report to be adopted by the European Commission yesterday. Three years before the deadline for the EC's 12 member nations
      AFP  -  206 words
    • Article
      Lock icon lb-mark surplus for Bonn
      127 12 AFP WEST GERMANY had a balance-of-payments surplus of 1.01 billion deutschemarks (US$6Ol million) in January, according to provisional figures announced in Frankfurt on Monday. West Germany had a bal-ance-of-payments deficit of 825 million marks (US$49l million) in December, and a cumulative deficit for 1989 of 19
      AFP  -  127 words
    • Article
      Lock icon West Germany allays EC fears
      276 12 AFP WEST GERMAN Finance Minister Theo Waigel has given fresh assurances to the European Community that German unification poses no threat to its economy and monetary system. But, diplomats reported, he refused to give any indication as to how and when the ostmark, the East
      AFP  -  276 words
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      25 10 CcmflPßffSßMu'".Ja^Rl JMPSTggi^ r MtdKggPC .^■rVßHKy^^H^^^Bv^ l «*ai4IOgn>JMBBMK P9^3BBrSfl^H^^|^^^HHHPr^'*?* Wtm\ -J» JEflLdriA*? ajBBBP®BHBPHSBB*» imuvi JW rto*f*oiif MM Muncnw BaniurpinM LflMcv I" ™I~^™1~^™ 1 B,> I I
      25 words
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      120 11 EPSON SINGAPORE OPEN GOLF CHAMPIONSHIP 1990 c o£™G n mm m m m g^tx /kctstX mm m m 'm I fgpjgf if: Mil 11 Ml /1 11 I mm m m m-> '1 I ///^i^l jjMMBMBM—— 'i—————M————————M— MARCH 15 18 BUKIT COURSE THE SINGAPORE ISLAND COUNTRY CLUB DAILY FROM 8
      120 words
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      34 12 Introducing the only system that puts new technology into your old fax machines. you can overseas a y Presently jMKlfl|jj||jj^^ d h FNtn m r FAXMEfPv^^fiKlmlc^E^ Singapore Telecom Call us. We connect. V I
      34 words
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      460 13 Different Companies, One Priority. Metro Knows Why Annie Tan j Hongkongßank Does More Keeps Caning Back. Than Look After Mr Tan's Money. zrrcrrtrr 1 ESZKKKST =sss=2ir -I*—**-—-—> tm <!■'««■■»»•* M M I Olt 1 A irtniiinn ™£Tr~.rsu Another Satisfied Customer Another Ummne' (Q, KATKMAL PRODUCTIVITY BOARD ©I HAT OHAi "WOUCTMTY
      460 words
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  • Article
    A peck is better than a plunge
    470 14 EDITORIAL ASIA-PACIFIC amity received a modest boost a week ago, following a meeting here of senior officials from the 12-nation Asia-Pacific Economic Cooperation (Apec) grouping. Results were typically incremental, principal among them being an agreement to launch more studies of ways to boost
    470 words
  • WHAT THE OTHERS SAY
    • Article
      Handling China right
      236 14 PRESIDENT George Bush's is justifiably disappointed that his bid to get the hardline Chinese leadership to relax its repressive rule following the Tiananmen Square massacre has not yielded early results. But such expectations only reflect the true nature of the American political culture and process. It underlines
      236 words
    • Article
      Provide child-minders
      114 14 UNDERLYING the government's offer of tax incentive for women to have their second child before they turn 31 is that married women nowadays tend to delay having babies. Whether the tax incentive will have the desired effect is, at this point, difficult to predict. The government could perhaps
      114 words
    • Article
      Toughen up
      132 14 SINGAPOREANS should strive to be rugged. Our survival in a way hinges on our mental and physical well-being. The latest call by First Deputy Prime Minister Goh Chok Tong and the fighting-fit defence strategy outlined by Second Minister of Defence (Services) Brig-Gen Lee Hsien Loong, should go a
      132 words
  • REGIONAL VIEWPOINTS
    • Article
      Burdens of freedom
      172 14 LAST YEAR, in one of history's most startling revolutions, Eastern Europeans voted for massive changes in their countries. Soon, they will begin a new round of voting in the first multi-party elections that most have ever experienced. Like all revolutions, the pro-democracy surge in Poland, Hungary, Romania,
      172 words
    • Article
      Sino-Indonesian ties
      137 14 IT APPEARS there are no longer any principal difficulties standing in the way of the normalisation of diplomatic ties between Indonesia and China. Maintaining relations with China is vastly more important than merely opening up its supposedly huge domestic market for trade. Since we have been out of
      137 words
    • Article
      Woodn't it be good?
      114 14 THE MOVE to curtail sawn timber and other exports from Peninsula Malaysia is to assure that there is an adequate supply of raw materials for the envisaged development of the downstream industry. It is encouraging indeed to note that the woodbased industry registered a more than
      114 words
  • Article, Illustration
    Lock icon Beijing banking on a lower yuan
    948 14  -  Victor Sun examines whether the latest measures are sufficient to boost China's flagging export competitiveness. Victor Sun FT THE RECENT devaluation of the Chinese renminbi yuan has made one thing plain: the People's Republic continues to rely to some extent at least on market
    FT  -  948 words
  • Page 14 Advertisements
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      98 14 I 929's going for 100 I Rental, that is. Per day. Starting today. You can now rent a spacious, fully-equipped Mazda 929. Drive around Singapore in elegant comfort and style in our superblymaintained cars for only $100. But come book your Mazda early it's on a first-come, first-served basis. Sime
      98 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      70 14 DOONESBURY Vrp L!K£ TO CONFIRM THE RUMORs\ By THE END OF THE EVENING, I U COULPBmiY J gfcj THAT MARCJE MUs 3EATTENPING MAttUfN MAPLES MU, BE THC SACK AT THE I 1 mNTAIN HIM- mi THE TRUMP TAJ OPENING' AW HOTTEST NAME INTHE WORLD! M SAFE HOUSE-\ X W SEIF
      70 words
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  • ANALYSIS
    • Article, Illustration
      Stirring up a storm in a Japanese tea cup
      505 15 THE JAPANESE are saying "no", not to Washington or Moscow, but to the man who has urged his country to be more assertive: writer and politician Shintaro Ishihara. The MP contended in a collection of articles that Japan could alter the
      505 words
    • Article, Illustration
      Lock icon In Budapest they do it with meagre means
      943 15  -  What's political fund-raising like in Hungary? Celestine Bohlen sheds some light. Celestine Bohlen NYT Democracy has its price, as Hungary's new political parties are learning now that they must pay the bill for the posters, leaflets, 30second TV spots, lapel pins, cigarette
      NYT  -  943 words
    • Article, Illustration
      Saying no and meaning it
      1276 15  -  How do the Japanese view foreign pressure on their country to open up its markets? Kwan Weng Kin, writing for BT from Tokyo, examines the issue and, in an accompanying article, discusses a book that asked Japan to say 'no' to such pressure. Kwan Weng
      1,276 words
  • Page 15 Advertisements
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      131 15 Wednesday. March 14. 1990 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 9pm Auctioneers: Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd Showroom #03 28 Raffles City Shopping Centre Tel 338 8135/*****68 Spend a year in Holland and RVB earn an MBA A unique international one
      131 words
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  • FOCUS
    • Article, Illustration
      Time to stop living off the sheep's back
      1125 16  -  As Australia prepares for elections on March 24, Florence Chong in Sydney discusses the ailing economy and polity Florence Chong THE CENTRAL ISSUE in the current campaigning of the 1990 Australian general election is interest rates. The more important question of how
      1,125 words
    • Article, Illustration
      Disenchanted electorate in cynical mood
      1001 16 Fresh-faced 25-year-oid Tim Ferguson has been described as shallow, vlcuons and pretty. But he aspires to be the leader of Australia. Mr Ferguson is standing as an independent candidate against Andrew Peacock, the leader of the Liberal Party, at his seat of Kooyong in Victoria
      1,001 words
  • Page 16 Advertisements
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      309 16 THE INDONESIAN MARKET Subscription Publications: 1. INDOCOMMERCIAL US$2OO.OO per year (A fortnightly economic publication that helps you keep abreast with developments in industry, finance, banking, trade, stock market and other sectors in Indonesia.) 2. INDOCHEMICAL US$lB6.OO per year (It reports on developments in the chemical products industry including investments, manufactures
      309 words
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      239 17 ted 1 HI y« V I I IS MAZDA 929 I A i—i f n ii i nl n I r u u 111 U I L i I I fJ nip 11 II I J JUJdJuL UUUuU I •••> a s •-%> v .vi'lyl I s 1 i§s? i
      239 words
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      43 18 THIS ROUNDS ON US. f EPSON SINGAPORE OPEN GOLF CHAMPIONSHIP IW. ;^t I A EPSON Wrm< MARCH ISTH-MARCHISTII W KIT (OI RSI: T)IK SINCAIVRt ISLASOUX-NTRY CLUB. ADMISSION IS FREE. TEE-OEk TIME: 7.ISAM ON MARCH 156, I*. B.VAM ON MARCH 176,18. W'' oWLiK^ iw
      43 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon Capriati still leads junior rankings
        138 19 AP JENNIFER CAPRIATI continued to lead the junior girls' tennis world rankings by a comfortable margin even though she turned professional last week and was the runner-up in a pro tournament. Figures released on Monday by the International Tennis Federation after the first 28 junior
        AP  -  138 words
      • Article
        Lock icon Grand Slam in Munich
        65 19 AFP MUNICH is to stage the inaugural Grand Slam Cup in December, the International Tennis Federation in London said on Monday. The US$6 million event, which will be contested by the 16 men with the best singles records in the Australian and French Opens, Wimbledon Championship
        AFP  -  65 words
      • Article
        Lock icon Kings reign supreme
        111 19 AP EX-RANGERS Tony Granato and Tomas Sandstrom each scored a goal in their return to Madison Square Garden on Monday, leading the Los Angeles Kings to a 6-2 victory over New York in the National Hockey League. Luc Robitaille's 46th goal of the season early in the
        AP  -  111 words
      • Article
        Lock icon Evans most outstanding
        100 19 Reuter TRIPLE OLYMPIC swimming gold medallist Janet Evans has been named the winner of the 1989 Sullivan Award as the outstanding amateur athlete in the US. The 18-year-old Evans was chosen to receive the award over nine other finalists in voting by 2,500 persons including former winners,
        Reuter  -  100 words
      • Article
        Lock icon 'Our daily steroids'
        98 19 AFP ANABOLIC STEROIDS made up the "daily bread" for East Germany's hugely successful women swimming stars. Michael Regner, who coached at the ASK Potsdam club until last August, told Der Spiegel magazine that the widescale use of drugs was disrupted when the Communist regime collapsed. Regner said
        AFP  -  98 words
      • Article
        Lock icon Dittmar gets record fine
        81 19 AFP CHRIS DITTMAR, the International Squash Players Association president, has been fined a record £3,000 by his own organisation for pulling out of this week's Finnish Open. The Australian star was also given a zero computer points score. Dittmar, the world number three who had to
        AFP  -  81 words
      • Article
        Lock icon Indy car race Down Under
        56 19 AP AUSTRALIAN organisers yesterday decided to go ahead with plans to hold an Indy Car auto race in March next year. The race will be the opening event of the 1991 Championship Auto Racing Teams series and will be the first CART event to 1
        AP  -  56 words
    • Article, Illustration
      Lock icon La Bomba cruises to near-perfect victory
      433 19 AP RED-HOT Alberto Tomba has struck again, coming from behind to capture the men's World Cup slalom finale after a second-run rush through 60 gates. "I skied a near-perfect run, maybe 85-90 per cent," said Tomba after being hugged by coach and former Italian
      AP  -  433 words
    • Article, Illustration
      Lock icon Bright punching plan for Tyson's comeback
      532 19 Reuter IT IS CRUNCH TIME for Mike Tyson and he is planning drastic action. The former heavyweight champion, knocked out by James "Buster" Douglas last month, will return to the gymnasium soon to work on an "excruciating" 90-minute exercise programme which he has not
      Reuter  -  532 words
    • Article
      Lock icon Third day of second Test rained out
      231 19 AP Reuter THE THIRD DAY of the second cricket Test match between England and the West Indies in Georgetown, Guyana, was called off on Monday because of a sodden outfield, reducing the match to two days at the most. The first two days
      AP; Reuter  -  231 words
    • Article
      Lock icon Gatting wants to play for England
      194 19 AFP MIKE GATTING said on Monday that he had not given up hope of playing for England again, despite the blow to his reputation from leading a rebel cricket tour to South Africa. The former England Test captain also said he wanted to return
      AFP  -  194 words
    • Article
      Lock icon She's got the whole wide world in her hands
      512 19 AP AT AGE 13, Jennifer Capriati has the world at least most of it ahead of her. Her father and coach, Stefano, said he will try not to face her with too much, too soon. But he expects to have her
      AP  -  512 words
    • Article
      Lock icon Worthy leads Lakers to victory over Hornets
      383 19 AP JAMES WORTHY scored 26 points and the Los Angeles Lakers took advantage of a fourth-quarter lapse by Charlotte for a 107-102 victory, their fourth straight triumph and the Hornets' sixth consecutive loss on Monday. After taking an 87-79 lead at the end
      AP  -  383 words
  • Page 19 Advertisements
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      129 19 Kuala Lumpur's capital gain. One of the biggest developments in K.L.'s recent history is I the opening of the new Regent of Kuala Lumpur. It's a tangible 4 asset to any executive, because the hotel is ideally located in the I very heart of the commercial and shopping district. Naturally,
      129 words
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      814 20 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE... i Some like it hot. BP* jHBBHHBBBp Ew nn Spicv Szechuan dishes served at lunch and dinner dail\ in ihe cool, inviting atmosphere of Szechuan Court. J Reset\at ion, 1130 8310 or 338 8585
      814 words
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      Page 20 Advertisements Column 2
      338 20 I KIWI FARE IS A GREAT AFFAIR 1 The Mandarin Singapore presents the Kfl Flavours of New Zealand from 7— 17 K8 Mar '90- Anthony Smith from H *hfl«>r New Zealand will demonstrate the uj M multi-cultural versatility of lamb in his award- H H winning dish "Lamb Flavours of
      338 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      763 20 TELEVISION AND RADIO f||| |i||||i|| n M|M)|Mlll) rionwur mmm# >■ mmv m tmmmtmmuamm/rn MMJ 900 News at Mine. 8.40 Malay Movie Madu Bera- Rf IQIWFQ*? ON RADIO -K j* f* A SBCiy -j 9.35 She'* the Sheriff Max cun. WKIWE^qWHWW* Money tor notnins SP u.. i in bbc. «9.9 mHz
      763 words
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  • LIFESTYLE
    • Article, Illustration
      Substation to generate full power for the arts
      588 21  -  A new centre for the arts will open in September. How can it become a going concern? A Surendren finds out. A Surender All power to the Substation. Things will go on-line for the pet project of the Practice Performing Arts Centre
      588 words
    • Article
      Lock icon Realising a high-tech cathedral
      675 21 Reuter IN A new town mushrooming outside Paris the Catholic Church hopes to realise a dream a high-tech cathedral where collections will be made by credit card and services broadcast by satellite. The 75,000 inhabitants of Evry, a half-built assortment of geometric blocks south of the
      Reuter  -  675 words
    • Article
      Lock icon Clinic to have share of Marilyn's estate
      271 21 CHATTERBOX Agencies A PSYCHIATRY centre in England is entitled to onefourth of Marilyn Monroe's estate and its proceeds, a Manhattan Surrogate Court judge ruled in a decision recorded on Monday. Monroe, the actress and sex symbol who died in 1962, had left the
      Agencies  -  271 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      275 21 AND ENTERTAIN A Culinary Tribute To Fresh River Salmon. From March 2 to 17, you can enjoy tresh river salmon, specially airflown from Norway, for dinner every night at Hubertus Grill. We offer thirteen sumptuous ways to enjoy this delicacy. So, make a reservation now and enjoy the best Salmon
      275 words
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      Page 21 Advertisements Column 2
      85 21 COflg ri Lobster Sa'ad with Fresfi Fruits a 2 Sharks Fin with Chicken 5163 80 Red-fish with Soya Bean (For 10 persons) 4 Prawn in Dried Red Chilli etpd String Beans with Winced Meat FREE Boas I 6 Maple Leaf Deep Fried Bun I Peking Duck 7 Braised Pu-Tien Bean
      85 words
    • Advertisement
      Page 21 Advertisements Column 3
      279 21 •w Si CLASSICAL JAPANESE FOOD PREPARED j; IN THE TRUE KAISEKI STYLE. Complete 7-8 course set Lunch/Dinner I from $14.00 Set Sashimi Lunch from $18.00 Nishiki Restaurant lfl| Marina Bay Golf Country Club 6 Marina Green Sincapore oioi. For Reservations Please Call *****! 1. Traditional Refined Sushi Xjj AOYAMA O-ZUSHI
      279 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares retreat broadly on lower volume
      1149 22  -  By Lim Mui Khi IN THE ABSENCE of good news and in the light of Tokyo's sharp fall yesterday, Singapore share prices retreated across a broad front on reduced turnover. The Straits Times Industrials Index fell 16.38 points or 1.04 per cent to 1,565.68,
      1,149 words
    • Article
      Untitled
      2685 22 Gr's Gr*» 1989/90 Tel 1jls Vo1 9TL. v p% >! L!fi High Low Code Com pan) Sale +or- (D00) High I>ow Buyer Seller Cw P/E SmU SECTION ONE: INDUSTRIAL COMMERCIAL ft i is? rs 2 s m *j ®j H E 1 i BL i- I 1 1 1 s
      2,685 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      Investors unmoved by assurances from Daim
      720 23  -  By Lim Mui Khi ASSURANCES from Malaysian Finance Minister Daim Zainuddin that the Kuala Lumpur Stock Exchange will not be closed did little to boost investor sentiment on the OTC market yesterday. Investors were sidelined, preferring to wait for an announcement from the KLSE
      720 words
    • Article
      CLOB INTERNATIONAL
      2943 23 Gr's Gf'i 1989/90 High Low Tel Code Company last Sale OCVol ("000) Day High IiOw last Quote Buyer Seller Div S Di* CVr YTd Net P/E M C ap Smi HONGKONG STOCKS 102 92 1418 CDL Hotels Intl 92% 514 93 92 92% 93 1246 Cathay Pacific 1000
      2,943 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    904 23 Company Exffcy/ C oupon Coavcrcioa period Inlereal CoaTrr*ioa term far one ordinary ■■till) payable share date CauMway loan 1994 6 Ok 31 t— M 1994 Oct 2. 1989 to Oct 20. 1994 1 warrant plus SI cash or 1 warrant plus {1 nominal amount
    904 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market broadly easier
      3364 24 MBT ANOTHER QUIET DAY prevailed at the Kuala Lumpur stock market yesterday as investors continued to stay at bay ahead of the release of indications by the KLSE on the size of the missing scrip. Trading volume dropped to one of the lowest this year. Dealers said
      MBT  -  3,364 words
  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS DUE
      532 24 thnpiri Stocks Last Full Year Cmpm Pwvd Date Yur (W EPS Grow IW amauncad emfc| (c«ts) d* pra* M y«r (SHOO) MT Interim lan 27 Jun 90 169.6 100.0 516 G Saarito Fmal Feb 2 Dec 89 6.8(a) 768 MMa CIS Final Feb 22 Dec 89 1,1171 Mm
      532 words
    • Article
      DIVIDENDS ANNOUNCED
      512 24 Current Ex Boohs Data Total far Total for paymaot data data payable tha yaar last yaar ham Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C k*m 15*TE Feb 28 Mar 12 May 15 251TI 251TE BAT 90.91(n) Apr 6 Apr 19 May 3 122 71(n) 72* Berjaya
      512 words
    • Article
      APPROVED ISSUES
      327 24 Company Rights Issue MM One ft* tour MJ2 40 per share Ex-date Mar 8 Books dose Mar 22 Acceptance t Payment: NYA Bowttadco One-tor three $115 per share Exiate Jan 19 Books ctose: Feb 1 Acceptance Payment Mar 19 CiC Two-tor fwe $210 per share Three warrants tor
      327 words
    • Article
      COMPANY MEETINGS
      87 24 Paafc Can Investment Hokhgs United: First AGM at No 1 Stxth Lofc Yang Road, Singapore 2262 on Thursday, Mar 22, at 10.30 am. Malayan United Murines Berfcad: EGM at Mil Plaza Conference Centre, Ist Floor, MU Plaza, Jalan P Ramlee. ***** Kuala Lumpur on Saturday, Mar 24, at
      87 words
    • Article
      PROPOSED ISSUES
      288 24 Company Rights Issue > EMwpHwt Tfrw-tof tour M$2 30 pg start ftpofc Qnt-tofont ft >185 pw start a HMp Issue of 27m loan stocks w B* ribo of S3 low stock lor tmy oronary snaro ncn FACT Onetw-one M$Q.6Q per start Frf*r IM One-tor-one M$0.2S per share, Mowed
      288 words
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  • REGIONAL STOCK MARKETS
    • Nikkei index nosedives to year's lowest closing
      • Article, Illustration
        Untitled
        0 25
        0 words
      • Article
        HONGKONG
        1069 25 HONGKONG STOCKS ended slightly softer yesterday but turnover strengthened ahead of the release of 1989 Hongkongßank results, which marks the start of the colony's corporate reporting season. The Hang Seng Index shed 5.36 points to 2,887.62 and the broaderbased Hongkong index 2.55 to 1,897.13. Turnover rose to HKSI.2S billion
        1,069 words
      • Article
        TOKYO
        650 25 TOKYO STOCKS dropped sharply to close more than 700 points down yesterday, largely due to arbitrageurs heavily unwinding cash index futures positions. Brokers said the weak yen also con- spired to force other investors to sill stocks and scramble to the exits. "The market is starting to look dsperate,"
        650 words
      • Article
        SYDNEY
        495 25 A ROUND of selling by overseas investors and local institutions pushed Australia's share market to a weaker close yesterday, brokers said. The All Ordinaries Index fell 10.4 points to 1,560.6. Dealers said arbitraging on the futures market and the bearish influence of a heavy fall in Tokyo's Nikkei index
        495 words
      • Article
        SEOUL
        324 25 SEOUL STOCKS drifted back towards the year's lows yesterday in an absence of fresh news as investors took a wait-and-see attitude ahead of a Cabinet reshuffle expected by early next week, brokers said. The composite index fell 9.09 points to 841.56, with turnover down from Monday at 167.6 billion
        324 words
      • Article
        BANGKOK
        253 25 THAI STOCKS closed sharply lower across the board yesterday as an impending local lending rate rise and a cabinet reshuffle sidelined investors, brokers said. The composite SET Index fell 12.45 points to 783.46. Declines led advances 119 to 10 with Manager, Siam City Cement and Star Block topping the
        253 words
      • Article
        TAIPEI
        369 25 TAIWAN share prices finished higher yesterday, but the market might meet a technical correction in the near term, dealers said. The weighted index rose 107.70 points, or 0.9 per cent, to end at 11,925.24 compared with Monday's 11,817.54 close. Turnover was NTS 168.2 billion against NTS 157.26 billion. Some
        369 words
      • Article
        MANILA
        96 25 MANILA SHARES closed higher in moderate trade yesterday in what brokers hoped was a buildup for a strong rally this week. The Manila composite index rose 23.52 points to close at 1,061.22. The combined volume at the two bourses rose to 476.67 million shares worth 761.46 million pesos compared
        96 words
      • Article
        NEW ZEALAND
        94 25 THE NEW ZEALAND share closed a touch weaker yesterday, with, brokers expecting little decisive trading ahead of the government's economic package on March 20. "The market just doesn't want to go anywhere," one broker said. "It seems to be marking time ahead of the March 20 statement." The
        94 words
      • Article
        JAKARTA
        67 25 CEMENT STOCKS remained the focus of attention on the Jakarta Stock Exchange yesterday but reversed Monday's trend and dragged the index down 5-77, to 587.18. Investors overexcited by an. official price rise for cement traded 1.2 million Semen Cibinong shares down 250 rupiah to close at 16,750. Indocement fell
        67 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      65 25 jfi 9 »jjl $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Singapore, Hongkong as region's stockmarkets? Special report: Japan's yen for Singapore The big business of celebrating Pick of the region's quality stocks Slmex's agenda for the 1990s Cruises for everyone Investment spotlight on Polytek Wearnes, Metalock MARCH 1990 4 A
      65 words
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  • WORLD STOCK MARKETS
    • Dow firmer in lightest traded session ot the year
      • Article, Illustration
        NEW YORK
        861 26 THE New York stock market closed narrowly higher on Monday, aided by persistent buying of blue chips. It was, however, the lightest traded session of the year. The Dow Jones industrial average, measuring the performance of 30 major blue-chip stocks, rose 3.38 to 2686.71. Gainers led losers by
        861 words
      • Article
        AMSTERDAM
        272 26 DUTCH share prices firmed in moderate midsession business yesterday with dealers optimistic that recent gains could be maintained. "Volume is not spectacular, but we see some consolidation on good levels. What is happening is very healthy," one trader said. The CBS all-share index had firmed 1.3 points to 113.5
        272 words
      • Article, Illustration
        LONDON
        784 26 LONDON shares recovered nearly all their losses by midday yesterday despite renewed weakness in sterling. Stock prices reached an early low following a steep 2.24 per cent fall in Tokyo, but edged up later and at one stage showed small gains. Industrial conglomerate BTR gained 5p to 420. Its
        784 words
      • Article
        FRANKFURT
        191 26 WEST GERMAN shares closed 1.2 per cent higher in lively trade yesterday afternoon, animated by expectations of favourable results in the forthcoming East German elections and by positive news from the huge Leipzig trade fair. "The market can only see good results coming out of the election at the
        191 words
      • Article
        MILAN
        115 26 ITALIAN share prices lost momentum in lie trading yesterday after a buoyant start to end little changed on the day, tracers said. The MIB index closed just 0.1 jer cent higher at 969 after advancing 1.4 per cent in midmorning. Milan Mar 12 Lke Ass Gen ***** -90 Bastogi
        115 words
      • Article
        PARIS
        171 26 FRfNCH share prices recouped early loss® by midday yesterday, but dealers said the market was trendless with Togo's overnight fall still unnerving opentors. Traders said they were lookng for direction from Wall Street. The CAC-40 index rose 2.63 points to 1,915.22 in light volume by 1200 GMT, having opened
        171 words
      • Article
        ZURICH
        239 26 SWISS SHARES were traded little changed at midsession yesterday. Deal- ers said investors stayed sidelined because of slightly firmer Swiss interest rates and the heavy fall in Tokyo's Nik- kei index. The all-share SPI index was one point under Monday's close at 1,101.7. The SMI index of leading bearers
        239 words
      • Article
        Untitled
        470 26 Brussels Mar 12 Fraacs FORWARD MARKET Actc 4850 -50 Arbcd 4770 -130 Astur 1330 -28 Brascan 742 -6 Canpac 732 -4 Cock 196 -4 Dc Beers 810 +20 Ebes 4160 +60 Gb-lnno-Bm 1228 -26 Gevaert 8890 -40 Gr Bru Lamb 3990 -5 Hobok Petro ***** -250 Ryl Dutch 2665 -25
        470 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      208 26 FOR WHO, WHAT, WHERE AND WHEN ■H VI ■Pi ADVERTISING MARKETING, in ■Iml I Bak BUSINESS TIMES every Thursday, covers H a vital sector of the economy comprising the country's communications muscle. I MM ICI The page monitors business developments ■VIMm I lllk and the players in both international and
      208 words
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      Page 26 Advertisements Column 2
      33 26 PANAMANIAN RALLY A marine biologist lived with scorpions, snakes and other creepy crawlies and confessed she loved it! A story for all adventurous young women like her. Published in HER WORLD, March issue.
      33 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar finishes easier against major currencies after run-up
      1250 27 FOREX MARKET REPORTS THE US DOLLAR yesterday ended easier against major currencies in Asia's foreign exchanges after a brief climb up to 152.88 yen, its highest level here since July 1987. Despite massive injections of dollars by the central banks, steady demand
      1,250 words
    • Article
      INTERBANK FOREX RATES
      392 27 Cross rates M« r 13 US$ SS MS Dm Yen SFr AJ NZS US$ 1.8745 2.7090 1.7090 152.15 0.6200 1.5235 1.3184 1.6992 SS 0.5335 1.4452 0.9117 0.8117 0.3307 0.8128 0.7033 0.9065 MS 0.3691 69.20 0.6309 0.5616 0.2289 0.5624 0.4867 0.6273 Dm 0.5851 1.0968 1.5851 89.03 0.3628 0.8915
      392 words
    • Article
      MONEY MARKET
      560 27 Interbank rates SS Bid Offer Overnight 6 5/16 6 7/16 1-month 6 1/4 6 3/8 2-month 6 1/4 6 3/8 3-monmth 6 5/16 6 7/16 Overnight mode: 6-3/8 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 3/8 8 1/2 2 months 8 7/16 8
      560 words
    • Article
      Euroyen futures hit record low
      249 27 EUROYEN interest rate futures dropped sharply to close at a record low on the Tokyo International Financial Futures Exchange yesterday. The three-month June Euroyen contract closed at 92.03, its lowest level ever, as the market sold on the yen's overnight drop against the US dollar
      249 words
    • Article
      Lock icon Gold futures mixed
      93 27 Reuter YEN-BASED gold futures closed narrowly mixed yesterday, with prices ranging from two yen prr gram down to three higher in quiet ing. Prices were steady at the opening on the US dollar's rise against the yen over* night. However, due to uiv certainty over the dollar'*
      Reuter  -  93 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1442 27 SIMEX EMMMLLM Open High Low Sett Est Vol Op/lnt Vol Mar 90 9I.S1 91.51 91.48 91.48 2417 9362 2072 Jun 90 91 30 91.31 91.27 91.27 6111 ***** 943S Sep 90 91.19 91.21 91.16 91.16 1613 4844 1639 Dec 90 91.00 91.00 90.97 90.97 554 2308
      1,442 words
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  • COMMODITIES
    • Article
      Lock icon A bigger role likely for palm oil
      464 28 Bernama THE share of palm oil in world production of oils and fats will continue to rise in the 1990'5, according to a palm oil analyst during the weekend. As such, the frequency and duration of periods with independent palm oil pricemaking was
      Bernama  -  464 words
    • Article
      Lock icon N Sea oil output expected to peak
      179 28 Reuter NORTH SEA oil production looks set to peak at a record 3.9 million barrels per day (bpd) in the next few months but output will drop back soon afterwards for heavy maintenance work. Petroleum Intelligence Weekly said. The publication, which tracks the
      Reuter  -  179 words
    • Article
      Lock icon NZ ban on timber exports
      82 28 AFP NEW ZEALAND has banned the export of native woodchip, logs and sawn timber. Under a forestry policy announced on Monday by Prime Minister Geoffrey Palmer, the only exceptions will be where timber is taken from an area managed under a certified, sustained-yield management plan.
      AFP  -  82 words
    • Article
      Gold closes near day's low in quiet trading
      832 28 REPORTS in ii i mil hiiii i iiiiuiuii PRICES on the Kuala Lumpur Tin Market (KLTM) rose five cents to MS 16.86 a kg at the close yesterday, mainly due to a lower disposal. "Miners had disposed quite heavily yesterday. They are
      832 words
  • Article
    PRICES
    1471 28 Rubber Mar 13 Htt (t* Mm) S ccntWg Noon Close Int I KSS Prompt 156.00/157 OON I552VI56 25 Inl I RSS Apr 90 159.00/159 50 158-25/158-75 Int I RSS May I6I.2VI6I.73 I60.7VI6I.25 Int 2 RSS OP 152 50/154 50N I52 00/I5400N Int 3 RSS OP I47 00/I49.00N 146 50/148
    1,471 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      733 28 Advertisement ALL IN A DAY'S SERVICE 8 am, BMW Centre, Kampong Arang A typical day for Service Reception Engineer Khalid B. Ahmad, 34, begins untypically. A middle-aged man wearing an exquisitely-tailored grey suit has just walked in. His glance at the receptionist cuts through the room with the intensity of
      733 words
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      Page 28 Advertisements Column 2
      15 28 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      961 29 City Flight ETA Flight ETD III DfcaM GA895 1235 BA12 m Adelaide QF7 2025 SQ227 Amman RJ182 1445 RJ183 2320 Amsterdam KL814 1725 GA895 1235 SQ24 2215 KL813 1525 QF15 2215 OA471 0015 QF15 2215 SQ388 2025 •ahrafa QF9 2230 BiHtipipin GA911 0800 524 0800 Bandar
      961 words
    • Article, Illustration
      Bonn worries about its future
      501 29  -  LETTER FROM BONN By Terrence Petty POOR BONN. For 41 years this sleepy city on the banks of the Rhine has been trying to live down its image as one of Europe's least exciting capitals. Now, West Germany's leaders are talking about making Berlin the
      501 words
    • Article
      MONEY CHANGER RATES
      155 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.41 SO 1 4350 Canadian dollar 1.5750 1.5950 NZ dollar 1.0880 1.1280 Sterling pound 3.000 3.0300 US dollar 1.8720 1.8820 Local dollars to 100 units of foreign currency Austrian schilling
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      120 29 Duration Title Venue Organiser Tej Duration Title Venue Oifiinr Td Mar 9-19 Nice Nice Fare (33)93)***** Mar 17-20 Internal tonal Pans Comite Des (33)1/*****000 International Internal ..male Fur llKjustrK3 Expositions Fair de Nice Exhibition de Paris Mar 10-18 International Munich GHM Gesellschaft (49)89/***** Light Fur Mar 20-23
      120 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      52 29 1A The business person* choice every Tuesday, i\ Thursday, Saturday and Sunday. Leaving hangi LJjk Airport at 21:55 hours and arriving at IS a J M different cities in the USA the following aqr. CjUl ytmr travel agent or Air Canada at 7}2 tiff. AiA A Breath Of Fresh Air
      52 words
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      Page 29 Advertisements Column 2
      28 29 GET THEM NOW! fl If H^mHW K^l V From Your Newsvendor, Newsstand At Times The Bookshop p vAAi*<ti by T«w«» o*< Ud A ol Sfc>* T mm G*oup
      28 words
    • Advertisement
      Page 29 Advertisements Column 3
      452 29 NOTICES IN THE MATTER Of THE COMPANIES ACT. CAP. SO and IN THE MATTER Of INTER TRAILER PARTS SUPPLIERS PTE LTD (M VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company which is being wound up voluntarily, are required on or before the 11th April 1990
      452 words
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      Page 29 Advertisements Column 4
      303 29 METOCHO INVESTMENTS PTE LTO (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308(2) of The Companies Act. Cap. 50 that the FINAL MEETING of the Members of the abovenamed Company will be held at the office of Touche Ross 4 Co.. One Raffles Place
      303 words
    • Advertisement
      Page 29 Advertisements Column 5
      290 29 IN THE MATTES OP THE COMPANIES ACT, CAP. M AND IN THE MATTER OP AUBTWORTH PRODUCTS (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary Oeneral Meeting of the Members of AUSTWORTH PRODUCTS (8) PTE LTD duly convened and held at 60 Albert Street #07-10 Albert Complex Singapore 0718
      290 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      122 29 14 The way French feel sorry? YESTERDAY'S SOLUTION 1 Cocoa town in Japan, (3) MeIlIlIoM jlalclkßr|a|n]Tl would you say? (6) 16 Kind of speech reproduced uMM 2 Quiet Yorkshire town (6) in newspaper? (8) 3. Neural features in a class? What nettles? (8) yfj^HplPblSJgKuMd 4' Flush is why teal is
      122 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      217 29 Singapore OUTLOOK: Fair Report for 24 hours poor to 7.30pm on Mar 13 at the airport: M«x temp. 33.1 Assoc humidity 57 Min temp. 24 J Assoc humidity...—92 lirs of sunshine 11.05 Rainfall in mm. Nil Rainfall this mth 89 J Rainy days this mth 2 Forecast for the rest
      217 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      30 29 y TV4*S HCCK OF TVie Vl g rW yl,/ fc- -*il\[ IpT P3 /-T~zr rv r A 1 r V-—i—v I new secue ry Fi«m w att n,..«>-V"S%P wwfwina? 6^_r°:
      30 words
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  • Article
    HK Bank net earnings up llpc
    497 30  -  By Catherine Ong Hongkong Correspondent HONGKONGBANK made partial disclosure of its hidden reserves yesterday but disappointed analysts with a modest 11 per cent increase in net earnings to HK$4.7 billion. Chairman William Purves also disclosed that its Australian subsidiary, HongkongBank Australia, had made a
    497 words
  • Article
    Lock icon Moody's raises Malaysian debt rating
    176 30 Reuter MOODY'S Investors Service has raised the rating of all outstanding foreign currency bonds issued by Malaysia to A3 from BAAI. The US credit rating agency said yesterday that the upgrading affected US$5.B billion of long-term government debt. The former rating was first assigned in
    Reuter  -  176 words
  • Article
    Lock icon Marubeni to set up Philippine estate
    171 30 AFP MARUBENI CORP is preparing plans to develop a 230-hectare farmland near Manila into an industrial estate following Philippine President Corazon Aquino's approval of the plan. Trade Secretary Jose Concepcion said in Manila yesterday that the company had also "worked overtime with their engineers"
    AFP  -  171 words
  • Article, Illustration
    Wax for musical ears
    36 30 Madame Tussaud's latest creation ensures that Luciano Pavarotti's voice is not the only thing that has been captured on wax. The Italian tenor was in London on Monday to see his double.
    36 words
  • Article
    Johor Baru MP hits out at half-tank ruling row
    187 30 THE MEMBER of Parliament for Johor Baru, Datuk Shahrir Abdul Samad, yesterday rebutted the claims of Malaysian Tourism and Culture Minister Datuk Sabbaruddin Chik that the halftank ruling by Singapore had affected the flow of visitors from the Republic. He said
    187 words
  • Article
    Lock icon Keidanren backs Kaifu's call for economic reforms
    380 30 AP JAPAN'S most powerful business group yesterday echoed Prime Minister Toshiki Kaifu's call for sweeping Japanese economic reforms, as US Commerce Secretary Robert Mosbacher arrived in Tokyo for trade talks. The Federation of Economic Organisations (Keidanren), which represents Japan's largest corporations in a
    AP  -  380 words
  • Article
    Toll-free from M'sia
    101 30 MALAYSIA becomes the seventh foreign country to which Telecom is extending its toll-free telephone service, helping local businessmen reach out to clients and potential customers up-country. Identical to the system used for calls from Australia, Hongkong, Japan, Indonesia, Thailand and the US, the new Malaysian service allows
    101 words
  • Article
    Charting growth for the 1990s
    186 30 THE Trade and Industry Ministry has formed a public-private sector committee to draft a strategic economic plan for growth in the *****. An Economic Development Board statement yesterday said that the new Economic Planning Committee, chaired by Minister of State for Trade and Industry Mah
    186 words
  • Article
    Lock icon Ghazali critical of Japan's leadership
    209 30 Bernama FORMER Malaysian Foreign Minister Tan Sri Ghazali Shafie said Japan is repeating the same mistake it made as a military power in World War II by its present domination of global economic and financial affairs. Japan is over-stretching its grabbing hands just like during
    Bernama  -  209 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      92 30 TPS Iron Fm// Perimeter Weighting Optimum Balance Softer Feel Powerjßili WUy play a round with anything less? x C \M V Vhat do you do if some of your guests want to eat seafood and others prefer Vietnamese food? No problem!!! Bring them to MEKONG VILLAGE Vietnamese Seafood Restaurant. We
      92 words
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      Page 30 Advertisements Column 2
      249 30 EYE 2 WOODS Larger sweet spot Faster head sper^^^F A.PiN6*^Mr •For thos* who want to piay thoir HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUSE TORY/ A l-T— A distinguished design, with excellent features to I ISSUES m~~ I make this new phase another choicest investment SfflSl I T per square f
      249 words
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      Page 30 Advertisements Column 3
      12 30 Intensified bid to resolve disputes, Pg 10 Pressure on Japan, Pg 15
      12 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Nedlloyd, Delmas pool W African lines
        79 31 Reuter FRENCH company Societe Navale Delmas and Dutch carrier Nedlloyd Lines said they have agreed to pool their capacity on routes between Europe and West Africa, effective at the end of April. The two companies, which will maintain separate sales and marketing operations, will
        Reuter  -  79 words
      • Article
        Lock icon Kuwait orders two supertankers
        89 31 Reuter KUWAIT has ordered two 300,000-tonne supertankers worth US$l6O million from South Korean firms Hyundai and Daewoo, Kuwait Oil Tanker Co (KOTC) officials said. Delivery of the ultra large crude carriers (ULCCs) is expected by mid-1992, one official said. KOTC, which operates some 32 vessels, transports
        Reuter  -  89 words
      • Article
        Lock icon St Lawrence Seaway to reopen
        97 31 Reuter THE St Lawrence Seaway will reopen for shipping on March 28 at 0800 EST, a Department of Transportation official said in Washington. The seaway usually closes to navigation during the winter months because of icing and then reopens in the spring. James L Emery,
        Reuter  -  97 words
      • Article
        Lock icon Unmanned steamer adrift off India
        102 31 Reuter A 7,600 gross ton dry cargo vessel is adrift unmanned and without lights off Alang, north-west India, Lloyd's Shipping Intelligence Service reported. The steam-tur-bine Bessemer Victory and another ship were being double-towed into Alang scrap yards when a small tug dispatched by a scrap
        Reuter  -  102 words
      • Article
        Lock icon Exchange rate hits Sea-Link's profits
        106 31 Lloyd's List INVESTMENT costs and the impact of adverse exchange rates combined to knock 1989 profits at Sweden's Sea-Link from SKr 130 million (US$2l million) in 1988 to SKr 100 million. However turnover was up by 22 per cent to SKr 1,243 million, helped by
        Lloyd's List  -  106 words
    • Article
      OOCL to include Busan in feeder service
      139 31 HONGKONG-based Orient Overseas Container Line (OOCL) is likely to include Busan in its fixed-day weekly Manila/Kaohsiung feeder service by the end of this month. The extension stems from the need to have "a tailor-made schedule to meet the carrier s long haul sailings,"
      139 words
    • Article
      Lock icon Partial strikes disrupt services
      227 31 Agencies PORTUGUESE train drivers and port pilots began partial strikes over pay claims, disrupting services around the country. Union officials said the partial strike by the 110 pilots their third in a month would last until March 16 and resume March 19-23. The pilots, who are
      Agencies  -  227 words
    • Article
      Index to advertisers
      1269 31 Pog« Column A®C ConlPWfM Th.r»##n Accord S*pg T«n 3 5 Afcol'M S«o A.r S«<«« 5 AMrpd C f 0#0<W *OV>—« 5 AV«ok «l l.f«# HlOO« 5 AFC l*o 5 API F.«« 3 5 AlS lowtoon 1 Af»v« l«*0 FN—w 45 Af'Ow I«ot Nro 5 ASG fltNo 3
      1,269 words
    • Article
      M'sian forwarder moves Swift-ly
      258 31  -  By OTHMAN ABU BAKAR MALAYSIAN international freight forwarder cum nonvessel operating common carrier (NVOCC) Swift International is investing some M 54.5 million to meet with the increase in demand. About M 53.5 million is for additional warehousing facilities with the rest for fleet expansion. The company
      258 words
    • Article, Illustration
      Haulage sector slow to invest in trunked radio service
      368 31  -  By REMA DEVI THE Malaysian haulage sector is slow to invest in the new trunked radio communication service despite being identified as one of the strongest potential markets. Introduced late last year, the trunked service assures privacy and a better chance
      368 words
    • Article
      Thailand's trade dept told to review budget switch
      229 31 THAILAND'S Commerce Ministry has informed the country's Internal Trade Department to review its plan to switch an 11.5 million baht budget from the Green Northeast project to the Rainbow programme. The budget is for a pilot project to develop a public warehouse
      229 words
    • Article, Illustration
      Lock icon Inchcape: more than just a big name in shipping
      1614 32  -  The UK-based Inchcape Group owns the largest independent liner agency network in the world, operating through regional subsidiaries with names like Dodwell Shipping, Borneo Shipping, Gellatly Hankey and Gray Mackenzie. Although it is now a small part of the overall US$4
      Containerisation International  -  1,614 words
    • Ships in Port
      • Article
        Shipping diary
        95 32 Feb 6-Apr 20 SFFA Standard Trading Conditions gives an overall perspective of these conditions, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no *****45 Feb 7-Jun 6 Sea Transport covers transport geography, liner and tramp shipping, conducted by
        95 words
      • Article
        SINGAPORE
        1628 32 Srnga Monica ***** SOS 1403, 1800 1500/ 2300 AT CONVENTIONAL WHARVES spT. act 2 sm uob/itoo .soa otoo Marina Vaaaal Voy No Borth Arrival Dapartura Anobos 90I2N M4B oio«gs.de u03, 2300 Boio* Soyong *****0 MIC olong*de 1403/ 2300 Brostog. 10/10 M2B olongs.de 13 03/ 2300 trxjoh Jaya *****0 M2A
        1,628 words
      • Article
        MALAYSIA
        282 32 Port Kalang South Port Petro Singa berth 1; Queen Chie berth 2; Alam Aman berth 3; Kris Merubi berth 4; New Nam Hinfl berth 5; Pernas Safari berth 7A North Port Royal Viking Sun berth 11; Pacific Timur berth 12; Lian Hua Shan berth 13; Tan Quan berth 14;
        282 words
    • Article
      London Freights
      873 33 CHARTERING conditions wer« routine in the dry cargo freight market on Monday, but rates remained generally steady, brokers said. In the grain sector business was secured from the US Gulf to Algeria at U5524.50, unchanged from levels prevailing last week Discussions for grain from the US Gulf to
      873 words
    • Article
      SHIPPING LISTS where your ships are due...and when
      12437 38 AARHUe 3ve Garland Evergreen March 14. Bonn Express. Triot, March 4<PK>. rleg.na Vtae.sk Maersk Lin*. March IS North Saa. Norasia/SeaLand March 16 Ming Piominence Vang Ming Lin*. March 18 LJ Bontang Oiasagatri. March 18/21 8 Permai. ScanOutch. March 19 Evar Group Evergreen.
      12,437 words
    • Article, Illustration
      HK may borrow for ports project
      370 46 THE Hongkong government may borrow to finance its mammoth HK$l27 billion airport and port project but will probably not do so through the Exchange Fund bills, said Mr David Nendick, the colony's Secretary for Monetary Affairs. If it decided to borrow again, the Hongkong
      370 words
    • Article
      Lock icon Lack of cargo space slows Israel-US tomato trade
      242 46 The Journal of Commerce A DEARTH of air cargo capacity is crimping Israel's ability to take advantage of a strong market and sell additional premium-priced tomatoes to American consumers. Israel's economy counts on sales of tomatoes and other perishable products and the
      The Journal of Commerce  -  242 words
    • Article
      Lock icon Sea-Land, Navieras challenge ruling
      189 46 Seatrade Week SEA-LANO and Navieras de Puerto Rico, the two major shipping lines in the US-Puerto Rico trade, have petitioned US Transportation Secretary Samuel Skinner to overturn a Maritime Administration ruling which placed certain restrictions on their operations within the trade. From March 1, the lines
      Seatrade Week  -  189 words
    • Article
      Lock icon Joint overseas production blurs origin of Japanese cars
      368 46 AP ROBOTS resembling elephant trunks and giraffes snake their way around half-assembled Hondas, spewing showers of sparks as they weld steel frames and produce a car in just 14 hours. Only in Japan? No, an identical factory is churning out Hondas in
      AP  -  368 words
    • Article
      Lock icon Weekly freights
      847 46 AFP RECENT expectations of an upturn in dry cargo freight rates were to some extent fulfilled this past week. The Baltic International Freights Futures Exchange (Biffex)'s Baltic Freight Index (BFI) finished up 23 points on the week at 1,629 points. Firmer grain rates were the catalyst for rate
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      30 31 How to look after (§3^(§oM§ AoailabU tcetkly at major STP Distributors bookshops and news-stands For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
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      17 31 Lines and services represented by Members of the Registry ot Accredited Shipping Agents. Singapore National Shipping Association.
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      253 31 I BALTIC I MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vcsscl/Vov §JN .MAA C£iJ SUSAK 103N 17/3 24/3 E CLOUD V2B 15/3 25/3 CALL: *****71 (See Page 13 Column 4). SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe of renew your subscription now. to our lucky draw.
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      151 31 INSIDE More than just shipping group The UK-based Inchcape group owns the largest independent liner agency network in the world, operating through regional subsidiaries. Although it is now a small part of the overall US$4 billion turnoverlnchcape Shipping Services engages in much more than just liner shipping. Page Two HK
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      93 32 Contact telephone numbers (Tan)ong Pagar Terminal) Section 1 Section 2 ec^ on 3 Berth telephone Berth telephone Berth telephone C 1—*****20/*****92 C 4 *****24 C 8 *****63 CIN —*****20 C 5 *****43/*****45 C 9 *****84 ris *****92 CSN *****43 CIO *****70 C 2 *****51/*****53 CSS *****45 Cl 2 *****54/*****42 C2N
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      1955 33 tillf# 200 Cantonment Road #12-05 Southpoint. Singapore 0200 f All If# Tel *****11 TELEX NO RS ***** I Tmilimil TERMINAL/CFS Tel *****18 220 rProll BOOKINGS Tel *****34 235 I W J PESAKA JARDINE SHIPPING AGENCIES SON. BHD I PORT KELANG TEL 36MU8 TELEX pfNANG TEL *****4 TELEX NO MA***** CFS
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      2076 33 VMUI Voy ETA I ETD •Port 'Penang DESTINATIONS Singapore Kelang Th.. MM Mckimw, M no* F«» by SE S," 2 WO 4 SFfiT™™™™ CHS BAL PHL NYC MON TOW MCKINNEV M 9004 20/3 21* 15* 17/3 7/4 9/4 12/4 13/4 16/4 17/4 18/4 20/4 20/4 21/4 22/4 22/4 SSTtr 9004
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      1048 34 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BONN EXPRESS 08/531 14/3 18/3 3/4 :s: I EE as? s a a a mr I sis It; I -a I a I a I a I a I s I NOTE: WITH EFFECT FROM 01/1/90, LCL
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      666 34 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT TBN 25/3 3/4 6/4 13/4 19/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO TBN 25/3 1/5 3/5 6/5 9/5 AoentS: 7 SINGAPORE: *****00 BOOKINGS: *****06 JOHORE; 7 23 2 g12^ NORTHBOUND TO UKC S PORE ROM/ADA* HBG HULL(U.K) IVYBANK V.26N 19/3
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      1422 34 WS9 srom&szM &xam REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA SLG) HAM) ROT) Z NORTH SEA 002W 16/03 20/03 02/04 07/04 09/04 12/04 14/04 15/04 16/04 17,04 IMM NORASIA SINGA 9003 3 23/03 27/03 09/04 14/04 16/04
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      1517 35 HHirrinu IiMLS, weanegaay wKrtn it i»»» ggSteamers Maritime Holdings Ltdj I w*: p&o Containers MJ« S port P Klanf S tan H'burf Bha yen 4 dam l-tfc ACCEPTS OWE SAILS I BONN EXPRESS OT 15/W 08/W «W WW «/0« JJJJ CARGO I CAMMCANBAV 1S« WW WW «JJ «JJ STRAITS VENTURE
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      1689 35 TO: EUROPE TO: FAR EAST Sf> IH ROM HAM BRE FU HK KAO BU HANJIN FttIXSTOWE 001N 17/3 4/4 5/4 t/4 W V* M 2W3 30/3 W CHOYANC PARR 007W W W W UJ W g JESSEM?** HANJIN OAKLAND WW JW IW M« P W W 2 IMI UM MM
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      352 35 HEHH STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CEDAR ASIAN SEKI TREE STAR MATSUYAMA VOY NO 5 111 Vt3 Sport 17/3 19/3 27/3 P. Kelang 20/3 22/3 30/3 Penang Hong Kong Yokohama 8/4 10/4 Nagoya 6/4 S/4 Osaka 6/4 Senboku 4/4 Kashima Funabashi •For Discharging Only VOTE:
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      594 36 EHBI hap HAI U/ _____MM——— ftliifftglMld i IRANIAN SERVICE H) Singapore Loading for:- C> IRAN TEYFOURI 27/3 Banda Abbas IRAN SOKAN 20/3 Banda Abbas mmttWM i (Nattaml Um 01 Mulct) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HUG II ENStNADA L CARDCNAS S.CIHJI HANUNIUO ■ONTEMCY V-« MO U/3 14/3 11/3 20/3
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      838 36 (»h HANJIN SHIPPING UT*# FULL CONTAINER SERVICE iNJIN FELIXSTOWE 001W I WJ* I 'M"" "vf" "w*" "JT"" 'ST* J KJYANC PARK 007* 24/3 11/4 12/4 13/4 15(4 16,4 J »or »oii 5/1 W M POHAM 3 V* »4 tNJIN OAKLAND 007W 31/3 11/4 19/4 20/4 22/4 23/4 MWHWHIIBWM V*_ n
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      1422 36 i-j -T H-1 H I 'm SCP HKC KSC KLC PUS MKT OSX TTO BAL LHV ANW ROM FIX HOC SCP I 555 6UA D im w w m m w wj w *g ug jig ,«f EVER GIANT 21/122/3 270 00*0 W 4/4 44 *4 4/5 IS/5 W 17/5
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      1257 37 SSStPff PACIFIC INTERNATIONAL LINES (PTE) LTD n tfflw PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 I BANGKOK 1 VESSEL VOY SIN J'KT SIN K VESSEL VOV SIN 8™ SM DELTA MAS IMS 17/3 19/3 24/3 PEOASUS PROGRESS BOON 17/3 20* 24/3 KOTA ME LA TI 02SB 1M
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      695 37 EXPRESS CONTAINER SERVICE TO UK/CONTINENT SP PK STON NAM I HAVtN KOMI HAVKC Bo™ Eiprn. W l» M W W WW Urt.f* br IV! WWW WW •mumv 21/1 on »d uk iw w vn feifMu 22(1 lIK W IW W IW iwm !tn wi un m w a/) w T*«
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      519 37 wafers 1 DJASAGETRI A Joint Europe Sorvlco Of: P.T. DJAKARTA LLOYO F T. 6ESURI LLOYD P.T. SAMUDERA IWOKBIA P.T. TRfKORA LLOYD CR NBR **********0-0 EXPRESS SEMI-CO NT AINERSRIP SERVICE VSI/VOV S POKE OAM H BURG BREMEN ANTWERP ADAM LJ. BON TANG 2WB U-21/3 2*4 24/4 I*4 24/4 KUTAI/lWt 1-4/4 IS
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      507 37 ITtli I J 1 1 1 I -CI I Sl I 'M:-\ LrtiilaaraH'inipM M MYANMA Ipßßk HVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon) 4 Spore P.Kelang Penang Bangkok HPAAN/VI47W 13/15 MAR PAGAN V/ISW 13/15 MAR r MERCUI V/*W 1904 MAR PATHEIN V/100W 24/31 MAR 'i THE BANK
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      334 38 7 WEEKLY STRAITS/MADRAS CONTAINER SERVICE //ST// 1 DAILY LCL RECEIVING AT OWN CFS I I PENANG VESSEL P.KELANG SPORE MADRAS (FEEDER) /uiioAi itic $LD LEUVE 9120 Sid 21/3 MACOLINt 23/3 MELITA V 9006 25/3 26/3 3/4 !1 23/3 LEUVE 9121 26/3 31/3 BOOKING: MACOLINE S PORE *****11 PK (03) *****77
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      327 38 /HYUNDAI MERCHANT MARIE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIM HKC IBM OAK SEA FROM PSW LBH OAK SEA HKC SIN HYUNDAI CHALLENGER 32E IMB 2203 0504 1204 15/04 HYUNDAI PIONEER 2W 1202 1502 IMB OMB 1503 HYUNDAI INNOVATOR 31E 2303 2MB IMM I*6* 2204 LALANDIA
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      71 38 SOUTHBOUND vtssci »oy osa ngo roK hkg [sin Ifrm s£T K API TAN SILIN U 29K0 2MB 27«3 Q304 3804 16 1904 2004 I KAPITAN BABIYtVSKIY 11 17/4 14/« M 221* 27/4 SI/5 *5 NORTHBOUND ttSSft *0Y r«M GTON SPO« HK6 OSA NAG YOK K API TAN BABIYEVSKIY 10 SLD
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      101 38 CROWN<&>RftCIFIC FREIGHT PTE LTD J LCL CONSOLIDATION SERVICE USA ETD SIN SEATTLE 16/3 PORTLAND 16/3 SAN FRANCISCO 16/3 LOS ANGELES 16/3 SAN DIEGO 16/3 OTHER 16/3 17/3 HAMBURG 17/3 BREMEN 17/3 LE HAVRE 17/3 ANTWERP 17/3 FELIXSTOWE 17/3 OTHER 17/3 CCNI# Compart is Chilena de Nive*»c»6n Inieroceanica S.A. TO SOUTH
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      799 39 InterCoa M\KitiMK rr>: i.td Br WEEKLY FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —18/3 TOKYO —22/3 LE HAVRE —19/3 LAUTOKA 30/3 KEELUNG —18/3 YOKOHAMA -22/3 ROTTERDAM -19/3 SUVA -30/3 MANILA —23/3 KOBE —22/3 UK PORTS —19/3 BANGKOK —18/3 AUSTRALIA —19/3 RIICAN —22/3 GOTHENBURG —19/3 Snwrinwr ?pn MELBOURNE —23/3
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      595 39 I ZgALM<O/P JI -P„ 8U Auckland T.maru L,t,.i.on<B) fen*.n(B> Nap,„ «,...,n««o«<C, Tauran* 2V iwf 14,3 14,3 Mg 21/3 3/4 1* J« 2W W 8S m Rouen SOOS 2&3 31 3 3/3 213 3CV3 4/4 17/4 24/4 l*« S/S 7/S t/S H "ochntr «K Acctolmi P -Wu Utf\o B« lo SIV
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      1117 40 WMW VOY *INDO 'PK/PNG SGP LB CHLS NFK NYC HFX OOCL FORTUNE I 27 12/3 13/3 15/3 7/4 17/4 19/4 21/4 25/4 AMBASSADOR BRIOGE I 73 19/3 20/3 22/3 14/4 24/4 26/4 2«/4 2/5 NEPTUNE GARNET I 19 26/3 27/3 29/3 21/4 1/5 3/5 5/5 9/5 OOCL FAIR 23 2/4
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      715 40 |ETD SIN (1OAY) WY) (1 DAY) M NA 16/03/90 PORT KELANG PENANC BANGKOK VICTOR mA. TWICE/WKLY ETD SIN (3 DAYS) P DAYS) (1 DAY) BOOWN^ONTACT 18/03/90 |j—— unwr. Knur. < kaohsiunc KEELUNC JOYCE/JUDY TWICE/WKLY ETD SIN (6 DAYS) ♦(t OAY) I"""""" ~~~1 +(4 DAYS) lOQWMQ, CONTACT 16/03/90 BUSAN MANILA NAGOYA
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      268 40 Continental Pacrfic Shipping wr 'j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR TAIPAN SM In Pt RDO/ANT/FLUfUK ARTEMISION Sid SETEyROM/ANT/FLU/UK Loads Sabah/lndonMia MULTIPORT A6ENCIES (S) /Q\ PTE. LTD. I V TEl_ *****77 PAX: 225*31 MXx P-K- MULTPORT SON BHD. TEL: lIIMH TLX: MA M 77« MULTRA
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      668 40 /\y?Sl GOLDEN LINE INLVa GUAN CUAN SHIPPING (PTE) LTD %004 3. Tttok Ajar Straat SINGAPORE 01M TEL SOW (M LINES) Fax: ***** M I STRAITS/PERSIAN GULF SERVICE: Sport P Kilm PviMf GOLDEN HARVEST Catomta/Karadii/Dutai taNrt '-< GOLDEN WONDER Catamba/Karacfei/Dufeai 28(72 Mar CHINA SERVICE r A VtSSa Hwpwfllw#*, lt/U*r Ml TUN
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      1350 41 SHIPPING TIMES, Wednesday March 14 IWI ■i y neptune agencies pte ltd Singapore Sj (CR No: **********0 E) yy Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 MV USA *****16, FAR EAST *****48 Documentation: *****44/*****14 Abw Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 Km EXPORT: *****53/*****04 ~NEPLINE SDN BHD MALAYSIA K-L. *****33, P.Kelang
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      1163 41 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 120K41/Z Cable Address SINSOV SINGAPORE Tele* Numbers RS *****JJS ***** RS ***** KSMS MAI TNONC SHIPPING 127 £2LS"sJ2S»r saasawa«"ii?^f»»» WW Kuata Lumpur Tat (0 23W75W7 Tata: MA ***** HSKUL (REGULAR,INDEPENDENT
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      725 42 Page Twelve DSR LINES VE6 OEUTRACHT/SEEREEOEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE OUTBOUND SIN *ICA ANT ROM HBG RST ARNSTAOT 1/00 17/03 o*o4 o*o4 11/04 13AM H CECIELSKI 7W 24/03 07/04 IM* IM* I*o4 20/04 I THAELMANN 2/10 04/04 11/04 27/04
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      1106 42 UKC COMVPCnOHAI MKMVICK Vnul KLfi MS P6 LmMkc tar PING AN CHENG an Rott«r4MVAnt«arp HANCHUAN 2/3 Rrtterfen/AMMrp chiwa noi cowt Aonai «K»vicm Vitui PKLC PNG SPORE BKK HKG SHAI Q'OAO YANG FANG KOU VL232V2 2*2 3/3 *3 14/3 WEI HE M 20/2 22/2 2*2 *3 *3 Acctptinf FCL Ctrfe for
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      263 42 FAST DIRECT REGULAR SERVICE TO INDONESIA W PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR D DELI INDAH 21.3.90 22.3.90 PANiANG/PK BALAM H NAGA JAYA 18.3 90 20.3 90 PANJANG LAMPUNG JAYA 16.3.90 17.3.90 SEMARANG/PANiANG -r PINANG JAYA 18.3.90 20.3 90 PANJANG/PK BALAM 1 PERITA JAYA In Pod
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      1095 42 ASEAN PORTS gow Hock Agency Co Ltd BKK (Tel: *****80) m* h»t I-*** M-to* IKI BHUM as* W«d 14/3 Sat 17/3 IYA BHUM Tit* Thuf W Sun EWLINU lH Thur IV3 Sun 110-. ILIA BHUM I Sur U/3 Wt4 gg j m »huw wi m 21/3 s«t *4/3 ira bhum*
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      1099 43 I VESSEL VOY SINGAPORE KHF/DUBAI JEDOAHI LANKA RUWAN 4W 26/3 8/4 16/4 LANKA SRIMATHI 74W 11/4 23/4 3/5 LANKA SRIMANI 76W 20/4 8/5 17/5 I ALSO ACCEPTING CARGO (FCL/LCL) FOR: I ■A) INDIAN PORTS I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY r ARABIAN GULF PORTS I SHARJAH; DUBAI; BAHRAIN; DAMMAM; KUWAIT;
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      192 43 ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING TO* SPOKE xaeAvwoa Q KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore P. Louis Puritan Johannesburg POOLGRACHT PGQ2S 26/03 D 5/04 10/04 13/04 EXCELLENCE CNTR EO3S 08/04 18/04 23/04
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      594 43 j W.P.T. MASKAPAI PELAYARAN TOpulau laut FULLY CONTAINERISED REGIONAL FEEDM SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTWRE, INDONESIA, MALAYSIA 4 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNC r AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: 222Q255 SMGAPORE INDONESIA SERVICE VSL VOY SIN JKT
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      681 43 rran BAY OF BENGAL SERVICES MADRAS CALCUTTA mmu m m m eg m TICCR RIVCR MCNB SM 17/3 EAGLE aouo VS 1«3 2V3 OCCAM STRENGTH 21A 17/1 31/3 SUSAK U3M 17/3 W P. STAROSTIN MSnS 2*3 27/3 TICCR RIVCR S7CNI 2S/3 31/3 ILOVIK MM 25/3 1/4 A GONCHAROV SSSIM 21/3
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      351 43 TO AUSTRALIA/NEW ZEALAND wi |liwiri[rf««— < OW LMM Ml ~vo Si Si V* v* 15* 555E ms Si Si Si vs is w C VtROUK Ml Si M Ss Si Si hi m vii Si vH 5 S II DATS TO MELBOURNE! TO USA/CANADA V& Itiwpf ri In Orfru ICHffrtm
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      730 44 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI, ILO* 4 OTHER PERUVIAN PORTS WITH T/SAT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore JOHNEVERETT 13/15 Mar 16/18 Mar MURRAYEVERETT 1/3 APR* 4/6 Apr KAMALEVERETT M 22 A r "EVERETT ORIENT LINE" JAPAN/BAY
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      602 44 carrm to USA iMt T1 Wtit C<M»t, Cambfrejn.EMt Cinadj HAITI Guatwnila and Hondurai VSL [S PORE IMAINUNER jIAX |KST |SAV IWYC HfX A VESSEL I*3 ZIM MONTREAL 11/4 20/4 W« Vl< ZIN OSAKA 22/3 ZIH SAVANNAH 1«4 2M IS J/S 5/5 A VESSEL 30 3 ZIM HONGKONG 2M Jfi W5
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      726 44 SING KWANG HANGI mwmm tiumsk>ntation <rre) ltd WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENWEL 14/3 17/3 JENHOL I 18/3 I 21/3 VESSEL S PORE BANGKOK A VESSEL 17/3 27/2 A VESSEL 24/3 6/2 DESTINATIONS ETA SINGAPORE PORT KELANG 16 MAR MANILA 14 MAR HONG KONG. ALL CHINA PORTS
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      494 44 PERINTIS LINE 111 I mini i WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRASETIA 75A In Pt 15/3 17/3 18/3 PELOPOR 933 17/3 18/3 20/3 23/3 PRASETIA 77A 21/3 22/3 24/3 25/3 SURABAYA TANTO PERMAI II
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      425 44 11 1 JIWHIh I ill Ik ~«t i SIN FAB EAST 18/3 KEELUN6/KAOHSIUNG 17/3 BANGKOK 23/3 MANILA 17/3 JAKARTA 16/3 PORT KELANG/PENANG 21/3 BUSAN 17/3 TOKYO/YOKO/KOBE 19/3 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 17/3 LDN/FLX/LVP/SOU 17/3 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA
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      131 45 IPM ADKRIS BUSINESS nm CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT. ALL HEAVY LIFT WELCOME. TBN 15th Mar MANILA M.V. 'DAGOHOY' 04/30 28th Mar MANILA/BISLIG TBN 10-12 TH APRIL MANILA/BISLIG T6N 20TH-22ND APRIL MANILA/LIGAN GENERAL ACT CALSOURCE SHIPPING TRADING PTE LTD.
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      142 45 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VE3SEL/VOY SPORE SURABAYA JAKARTA I PERMAI I 0031-031 15/3 18/3 20/3 PERMAI I 0032 032 23/3 26/3 28/3 PERMAI I 0033-033 1/4 4/4 6/4 PERMAI I 0034-034 9/4 12/4 14/4 SPORE DEST. LIAN SENG HIN 17-19/3 KUALA/BELAIT LUNG YING 20-25/3 BKK S LUNA 29- 2/4 HONGKONG/HUANGPU
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      450 45 VSL DESTINATION ETA SIN JCNIINK 14SN BANGKOK 15/3 DCJA BHUM «N BANGKOK 11/3 SIRI BHUM 440N RANtKOK 21/3 JENLINK 147N BANGKOK 23/3 SO ASIA UR CEBU. MANILA li 3 AKA BHUM US CEBU. MANILA 23/3 INFINITY SOI CHITTAGONG. MONGLA W3 0 STRENGTH 21A KARACHI. BOMBAY 17/3 KITI BHUM 32S JAKARTA
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      730 45 A- -I TX^SA^TZ/A/AT of) W-Ull—lT SINGAPORE: m 04-*****2 *****8955 778 6522(22 linesi SfFA V Ntortn. Ong Sumh M^ChrtoMm CMm AUc YnMim Yao transintra s*»pp«ng (Singapore) pnvata limited Cargo bookings Tel: *****8 (5 LINES) A DAGOHOY SAILED BISLIG, MANILA I ITBN MID MAR Hongkong, Shanghai, Busanl FROM ALL UNITED KINGDOM CITIES/PORTS
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      1017 46 EXPORT TO: UK/CONTINENT (TRIO) ',wTT m c 7- T r^. .-r i i-• HP^^l V wpwwja'< winaiaurj, sawQ, mikajhhm Sport PRolanf ll'ton H'tairt B'fuvon R'da* 101 l BENALDCR ZU3 an 11H 124 14/4 IS/4 17/4 Roßaf— :to Artvorp. »■!■<■. 0H«. Stoe*hot«. Matattti KURAMA an 1M MM 12/4 #4 15/4 Bromonhaven
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    • Miscellaneous
      Page 46 Miscellaneous Column 1
      153 46 j 55*1 nod *****E I [Regional Weather] \f vF* I 7 I r Sol >* V [3o f 10S SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON MARCH 14. LEGEND R Thunderstorm Temperature c X\ y Weather Wind direction with speed m knots Ro<n v Cloudy Sky Wove h
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