The Business Times, 16 March 1990

Microfilm: NL16960
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday March 16 1990 75®
    10 words
  • NEWS SUMMARY
    • Article
      Gaddafi blames West German intelligence for fire
      61 1 LIBYAN leader Muammar Gaddafi yesterday pointed an accusatory finger at West German intelligence after a fire killed two people at the controversial Rabta chemicals plant, near Tripoli. "If current investigations prove that West German intelligence is involved in any act inside Libya, then
      61 words
    • Article
      Scotts wins deal
      41 1 AN ASIAN VERSION of London's bustling Covent Garden won the day for shopping centre owner Scotts Holdings when it was awarded the Telok Ayer Market tender. But it will have to pay more for the project Page 2
      41 words
    • Article
      HK vital to Beijing
      21 1 CHINA needs a thriving Hongkong to ease its own economic problems, a report has concluded Page 7
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    • Article
      Rethink on spending
      29 1 THE THAI Commerce Ministry is expected to consider stopping additional collections for the Export Development Fund and reduce its spending on 'wasteful' promotional activities Page 7
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    • Article
      Russian gain
      23 1 THE RUSSIAN Federation would be the biggest gainer if Moscow joined the international system, according to a French study Page 8
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    • Article
      US-Japan cooperation
      21 1 JAPAN and the US have agreed to cooperate on projects to promote Japanese imports and US exports Page 9
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    • Article
      Belmondo's back
      32 1 JEAN-PAUL BELMONDO has returned to the stage for a second time to star in the play Cyrano de Bergerac, a part which fits him down to his nose Page 15
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    • Article
      Bid to boost Penang
      37 1 THE PENANG Port Commission is willing to help barge operators who are keen to transport cargo from Penang to Langkawi as part of efforts to help develop the port. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones up
      29 1 WALL STREET stocks edged higher in early trading yesterday, building on momentum from the Wednesday session. The Dow Jones industrial average rose about five to 2,693.
      29 words
    • Article
      Footsie up
      33 1 LONDON share prices were higher in light trading at midday yesterday. At about 1200 GMT, the Financial TimesStock Exchange 100-share index was up 9 points, or 0.4 per cent, at 2,235.1.
      33 words
    • Article
      DBS Land bonanza
      39 1 DBS LAND, one of the most high-profile property companies last year, has reported an 80 per cent jump in group af-ter-tax profit to a record $35.94 million for the year ended Dec 31, 1989. Page 3
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    • Article
      Mt Pleasure purchase
      28 1 PROPERTY-BASED Mount Pleasure Holdings is acquiring the yet-to-be-completed Princess Hotel in Kuala Lumpur's Golden Triangle for Msl6o million from the Low Yat group Page 3
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    • Article
      Banks undeterred
      32 1 JAPANESE merchant banks in Singapore have suffered a heavy drubbing with the downturn in the Tokyo stock market but they remain optimistic that the current trend will reverse PAge 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 782.80 +2.33 Kuala Lumpur .3047.45 +18.16 Hongkong 2892.81 +11.58 Tokyo *****.64 +319.51 Sydney 1572.7 +14 Wednesday Change New York 2687.84 +13.29 London 2226.10 +1.60
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI.8740I Yen SS 1.2301 MS SS0.6902 Money market rates Overnight 5 1/2 unch 3-month 6 1/4% -1/16
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    • Article
      COMMODITIES
      36 1 London GoM AM fix US$397.60 -USS1.20 Rubber S'pore April. 154.50*/kg -2.50 M'sia April... M209 «/kg -0.2 KL Tin Turnover 60 tonnes -15 Spot M$17.04/kg unch Crude palm oil Turnover 1,689 lots +593 Apr MS68l/tonne -17
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  • Article, Illustration
    'Our' economic blueprint approach
    521 1  -  By Kenneth James A PARTICIPATIVE approach, both with the private sector and within the government, is to be the hallmark of a new economic blueprint aimed at maintaining the momentum of growth and determining what is needed for Singapore to become a developed country by the
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  • Article
    First direct bid by Li Ka Shing comes 2nd
    416 1  -  By Lee Han Shih HONGKONG'S biggest market mover, Mr Li Ka Shing, made his first direct try at property investment in Singapore yesterday with a $218 million bid for three plots of land put up for sale by the Urban Redevelopment
    416 words
  • Article
    Lock icon BOJ chief opposes further fall in yen
    190 1 AFP BANK OF JAPAN governor Yasushi Mieno yesterday said that he refused to accept any further decline in the yen's value, vowing to support the currency through heavy intervention by major industrial countries. "I am unhappy with the weakening yen," Mr Mieno told
    AFP  -  190 words
  • Article
    Lock icon Business community cool to Jakarta's equity sale plan
    271 1 Reuter INDONESIA has published details of a plan to encourage the private sector to sell shares co cooperatives, but economists, businessmen and bankers in Jakarta insist the scheme cannot work. "Businessmen are angry about this, but it is beginning to look like
    Reuter  -  271 words
  • Article
    Smart and managed-well enterprises
    198 1 IT MAY BE TIME to move away from the label "small and medium-sized enterprises" and focus instead on the promotion of promising, successful local enterprises, said Minister of State for Trade Industry Mah Bow Tan yesterday. The accent should be on entrepreneurship, regardless of size, said
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  • Article, Illustration
    Second causeway at Tuas?
    229 1 THE TUAS END of Jalan Ahmad Ibrahim has been identified as the most likely location for the Singapore side of the second causeway project. In Malaysia, Gelang Patah in south-west Johor has long since been chosen as the site for the other end of the causeway.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      345 1 OF LONDON \\iiime In^tiiiiiumil^ I jshion Walt lies finkit I ij-hk-fN I \iVllll\o (lift Sets Hint; \f Pollv hin fur a I mla/oxm' toilav Anton A Tan Agencies Pte Ltd Tel 272-1143 HOW GREEN IS MY COMPANY? 10 JAPAN'S LABOUR PROBLEM 11 ARAB ECONOMIC IMBALANCES 11 Aircraft Schedule 23 Money
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      Page 1 Advertisements Column 2
      99 1 Quadruple Zoom+Auto Two-Color. IJI n Parliament stories, Pg 2 aHH^DINING^ON Mil Join us at the top. Enjoy the best Beijing cuisines specially prepared by our master chef. All yours to savour, amidst the grand H| panorama of the city and southern islands, the cosy ambience and the warm and K|
      99 words
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      Page 1 Advertisements Column 3
      7 1 A first in economic analysis, Pg 2
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  • HOME NEWS
    • PARLIAMENT ROUNDUP
      • Article
        Plans afoot for new sea-sports resort
        77 2 THE URBAN Redevelopment Authority is studying preliminary proposals to develop part of the Pasir Ris/Changi area into a resort and sea-sports area. Minister of State for National Development Peter Sung said yesterday that the ministry is considering plans to develop a 170-hectare site bordered
        77 words
      • Article
        Landmarks to stay
        75 2 THE CAPITOL Building, Stamford House, and Eu Court will probably not be affected by road-widening of Hill Street, and could remain safe from demolition and redevelopment for at least 15 more years. National Development Minister S Dhanabalan said that the ministry favoured upgrading Armenian and Queen streets
        75 words
      • Article
        Kampong Glam conservation
        36 2 CONSERVATION in Kampong Glam is progressing well, according to Mr S Dhanabalan, with several model shophouses renovated by the Urban Redevelopment Authority to show what can be done, ready for display by 1992.
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      • Article
        No rise in town council grants
        70 2 THE GOVERNMENT is taking a fiim position on town council grants, maintaining that subsidies are generous to begin with, ant} sufficient if constituencies are managed carefully. Asked whether the National Development Ministry could consider raising subsidies to keep pace with higher service and contract
        70 words
      • Article
        More space for golf
        48 2 THE GOVERNMENT is setting aside land to develop more golf courses. Minister of State for National Development Peter Sung assured that the ministry is studying several sites in catchment areas which have been reclaimed but not yet built on, for development of golf courses.
        48 words
      • Article
        Education proposals approved
        64 2 THE MERGER of the Institute of Education with the College of Physical Education into the proposed Nanyang Technological University, as well as other recommendations of the committee studying improvements to higher education and teacher training, have been accepted by the Cabinet. Education Minister Dr Tony Tan said
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      • Article
        Engineers' grant approved
        67 2 THE GOVERNMENT has approved an $800,000 grant for company-sponsored engineers taking the ground-breaking Computer Integrated Manufacturing (CIM) masters programme which begins in July. The EDB-administered grant has been set up for the first two batches of students during their six-month practical project. The two-year part-time course, offered
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    • Article
      Paving the way for better road system
      242 2  -  By Martin Soong THE ROADWORKS masterplan calls for increasing stretches going under and over ground, smarter traffic light management, and more pedestrian-friendly bus and Mass Rapid Transit stations. Reviewing the Public Works Department's roadbuilding plans in Parliament yesterday, National Development Minister S Dhanabalan
      242 words
    • Article
      Scotts clinches tender for Telok Ayer Market
      160 2 AN ASIAN version of London's bustling Covent Garden won the day for shopping centre owner Scotts Holdings when it was awarded the Telok Ayer Market tender yesterday. However, Scotts anticipates its investment of $6.4 million to go up by at least 15 per
      160 words
    • Article
      S'pore scores a first in economic analysis
      516 2  -  By Anna Teo ECONOMIC ANALYSIS at industry level the thrust of the Strategic Economic Plan is being carried out for the first time in Singapore, and possibly in the world. Sonny Tan, the Economic Development Board's head of policy and secretariat member of
      516 words
    • Article
      Ashton Tate to enhance presence here
      242 2  -  By Jayaram Menon MICROCOMPUTER software giant Ashton Tate will be pumping a further $20 million into Singapore over the next four years to build up a product development, manufacturing and distribution centre for its international operations outside the US and Europe. Ashton Tate's chairman,
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY
      265 3 OtlMf Indicts Close Previous Net change Mar 15 Mar 14 BT Composite 1365.04 1364.79 +0.25 BT-MGA 782.80 780.47 +2.33 ST Industrials 1569.04 1564.81 +4.23 BT OB/OS -35 -163 +128 BT CADI -5357 -5415 +58 BT 10-day MA -5357 -5354 -3 BTOBV +*****73 +*****65 +***** ST Finance 2637.86 2637.86
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    • COMPANY BRIEFS
      • Article
        Hal Sun Hup gets extension
        130 3 HAI SUN HUP said yesterday it has been granted an extension on an option from Mr Ow Chio Kiat, a director of the company, and his wife for the purchase of their shares in HSH Properties Pte Ltd which owns a property at 200, Cantonment
        130 words
      • Article
        Trading in Pentex shares
        88 3 THE SES announced yesterday that Pentex-Schweizer Circuits Ltd has been admitted to its official list under the "Industrial Commercial" sector of the first trading section. Trading in the 43.6 million shares of 50 cents each will start on Monday, March 19. Certain shareholders, namely Am vest
        88 words
      • Article
        OUB, OUE seek suspension
        30 3 OVERSEAS UNION Bank and Overseas Union Enterprise Ltd have asked for suspension in trading of their shares today pending the release of their 1989 year-end results.
        30 words
      • Article
        Offer for Qume extended
        52 3 QUME CORP said the US$6.5O per share offer for all its shares by chairman David S Lee and Weames Technology (Pte) Ltd of Singapore has been extended through April 3. The company said its board will meet on April 3 to review the proposal and other
        52 words
    • Article
      Keppel units to sell Pasir Panjang sites for $35.5 m
      256 3 KEPPEL CORP subsidiaries Straits Steamship Land and Far East Levingston Shipbuilding (FELS) are selling two adjacent industrial sites in Pasir Panjang Road for $35.5 million. Keppel Corp said in an announcement yesterday that the two freehold properties, with a total
      256 words
    • Article
      Shady listings likely to get clobbered in a maturing market
      514 3  -  THE HOCK LOCK SIEW COLUMN By Magdalene Ng IN ITS EAGERNESS to promote trading activity in non-Malaysian stocks on Clob International, has the Stock Exchange of Singapore unwittingly created a loophole for companies to get a listing here? The concern
      514 words
    • Article, Illustration
      DBS Land posts 80pc leap in after-tax profit
      410 3  -  By Elaine Koh DBS LAND, one of the most high-profile property companies last year, has reported a 80 per cent jump in group after-tax profit to a record $35.94 million for the year ended Dec 3i, 1989. This comes as no surprise
      410 words
    • Article
      GE Life results continue to sparkle
      291 3 THE Great Eastern Life Assurance Co, reaping the rewards of innovative life insurance policies introduced over the past few years, has achieved another year of record earnings. Group surplus attributable to shareholders, which is arrived at after deducting expenses and mandatory distribution to policy
      291 words
    • Article
      Mount Pleasure to buy maiden Princess Hotel
      352 3 PROPERTY-BASED Mount Pleasure Holdings is acquiring the yet to be completed Princess Hotel in Kuala Lumpur's Golden Triangle for MSI6O million from the Low Yat group (LYQ. The 571-room hotel is the second part of a commercial complex developed by the Low Yat
      352 words
    • Article
      Metal Box earns $11.6 m in 9 months to Dec 31
      175 3 METAL BOX Singapore, which is changing its financial year-end from March 31 to December 31, has reported results for nine months which were in line with those registered in the corresponding period last year. The company said the change
      175 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      152 3 Wi H H Vi Discover the techniques of public speaking Professor Susan Ford teacher of speech and drama at the Guildhall School of London, co-founder of Coulter-Ford Media and Communication training and co-author of books on public speaking who has worked with top business executives in the U.K. and overseas,
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  • REGIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      184 4 HONGKONG Iniictl CIom Open High Low Volume Change Hang Seng Index 2,892 2,884 2,907 2,884 +11 Hang Seng Spot 2,91$ 2,926 2,933 2,910 304 5 Close Previous Net Change Mar 13 Mar 14 Hang Seng Finance 2,028.94 2,034.82 -3.88 Hang Seng Utilities 3,623.90 3,374.32 +49.58 Hang Seng
      184 words
    • Article
      Lock icon HK unit can help, but not save, its Bond parent
      303 4 Reuter HONGKONG-LISTED Bond Corp International Ltd (BCIL) may offer ailing Bond Corp Holdings Ltd (BCH) some urgently-needed cash but there is no way it can bail out its Australian parent, stock analysts said. "BCIL's interim results are irrelevant to the
      Reuter  -  303 words
    • Article
      Lock icon Highway contract for Ho Hup-Panzana
      240 4 Bernama PROJEK LEBUHRAYA Utara-Selatan Bhd (PLUS), an associated company of United Engineers Malaysia, has awarded a Msl36million contract for the construction of the Sungai Selangor to Tanjung Malim section of the North-South highway to the Ho Hup-Pan-zana joint venture. The joint venture comprises 70 per
      Bernama  -  240 words
    • Article, Illustration
      Lock icon Daim provides guidelines for merger of stockbroking firms
      653 4 Agencies MALAYSIAN Finance Minister Datuk Paduka Daim Zainuddin has revealed some points of the guidelines for the merger of stockbroking firms to attain the necessary Ms2o million paid-up capital requirement. The paid-up capital ruling, announced on Wednesday by the Kuala Lumpur Stock
      Agencies  -  653 words
    • Article
      Lock icon Taiwan moves towards privatisation with planned sale of big bank stakes
      396 4 Reuter TAIWAN is expected to speed up the privatisation of state-run corporations by selling almost 156 million shares in three big banks this year. Officials said the Finance Ministry and the Taiwan provincial government's Department of Finance were preparing
      Reuter  -  396 words
    • COMPANY BRIEFS
      • Article
        India feels things won't go better with Coke
        107 4 THE INDIAN government has rejected a bid by The Coca Cola Company to re-enter the Indian market, 11 years after the company withdrew because of a dispute with the government. Indian Commerce Minister Arun Nehru told parliament in a written answer he
        107 words
      • Article
        Dairy Farm profit grows 27pc
        111 4 DAIRY FARM International Holdings Ltd said its net profit rose 27 per cent from a year earlier to HKS9B2 million in 1989. The food manufacturing and trading arm of Hongkong's Jardine group recommended a final dividend of 21 cents a share, bringing total dividends for
        111 words
      • Article
        JAL goes window-shopping
        61 4 JAPAN AIRLINES (JAL) is currently negotiating the purchase of several long-distance carriers with the European consortium Airbus Industrie and America's McDonnel Douglas, a JAL spokesman said. The contenders to replace JAL's aging DC-10 fleet are Airbus' A340-300s and McDonnel Douglas' MD-U, said the spokesman, who added that
        61 words
      • Article
        Kobe Steel, USX forge venture
        115 4 KOBE STEEL Ltd, a leading Japanese steelmaker, has signed an agreement with USX Corp to form a US$2OO-million joint venture to produce hot-dipped galvanised steel sheet in the United States. The joint venture, equally owned by Kobe Steel and the largest US steelmaker, will be
        115 words
      • Article
        Marubeni's 'green' acres
        138 4 MARUBENI CORP of Japan has reiterated its controversial plan to develop farmland south of Manila into an industrial estate, saying it would accommodate the wishes of some tenants by reducing the size of the estate. President Corazon Aquino on Monday approved the conversion plan for the 230-hectare
        138 words
    • Article
      Rashid Hussain expects M$ 22m profits
      375 4  -  By William Chia RASHID HUS&\IN Bhd (RHB) the first securi-ties-based company listed in Malaysia expects consolidated profits before tax of Ms 22 million for the year ending May 29, 1990. RHB made this forecast in a circular to shareholders on its proposed MsB4 million
      375 words
    • Article
      Lock icon Timuran proposes l-for-2 bonus issue of 15m shares
      243 4 Bernama TIMURAN HOLDINGS Bhd has proposed a one-for-two bonus issue of 15 million shares of Msl each to increase its paid-up capital to an amount more closely reflecting the net assets employed. Timuran said in a statement yesterday that subject to the
      Bernama  -  243 words
    • Article
      Lock icon KL banks reminded about securities provisions
      254 4 Bernama THE RECENT participation of banks in the corporatisation of stockbroking companies has created a need for adequate formal control and "fire walls" to avert any conflict of interest situation, Bank Negara adviser Datuk Mohd Basir Ahmad said. He said the Malaysian central bank's
      Bernama  -  254 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      45 4 A\MOT ORIGINAL ITALIAN FURNITURE Model Consisting of cushion MM swivel tray •1 piece single chair 'corner seat with foot stool upholstery in Genuine cattle lather. PtemSiagSfmra 68 Orchard Road #04-01. S'porco923 Tel: JJ9W3J (■■■nit World Trade Centre 1 ManureSquare#o2-50. Spot*o4o9 Tet *****11 Pat *****11 (B
      45 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon The fenders in Vickers' garage
      551 5 Reuter VICKERS pic is banking on shareholder support to fend off a proposal by New Zealand entrepreneur Sir Ron Brierley to de-merge RollsRoyce Motor Cars at next month's annual general meeting. "The reaction from key institutional shareholders is that the company is correct in its
      Reuter  -  551 words
    • Article
      Lock icon East Asiatic aims for llpc sales rise
      196 5 Reuter THE East Asiatic Co Ltd (EAQ is aiming for an 11 per cent rise in sales in 1990 to 19.6 billion crowns from 17.74 billion, but this would depend on currency rates and market conditions. The Danish trading, transport, graphics and consumer
      Reuter  -  196 words
    • Article
      Lock icon US plan could involve a major bid: BTR
      342 5 Reuter BTR PLC, a major industrial conglomerate, said the planned flotation of a large chunk of its US business may involve the group making a major friendly acquisition. "We could make a partial tender ofTer, say 45 per cent, for a major
      Reuter  -  342 words
    • Article
      Lock icon Rolls-Royce engine maker posts 39pc rise in profit
      135 5 Reuter BRITISH aeroengine maker Rolls-Royce pic has reported a 39 per cent increase in pretax profit to £233 million. The result was at the top end of analysts' expectations and the company's shares rose one pence to £1.82 on the London stock
      Reuter  -  135 words
    • Article
      Lock icon Smithkline Beecham cutbacks
      424 5 NYT SMITHKLINE BEECHAM, the Anglo-American pharmaceuticals and consumer goods company formed after a £6.5 billion merger last July, plans over the next two years to reduce its global workforce by 10 per cent, or roughly 5,000 jobs. It will also close 60 of its worldwide manufacturing, administrative
      NYT  -  424 words
    • Article
      Lock icon Siemens wins E German order
      189 5 Reuter ELECTRONICS group Siemens AG has won a contract from Deutsche Post, East Germany's post and telecommunications authority, to supply public telephone switching systems to six of East Germany's nine major cities. A Siemens statement said it would initially supply the cities of Dresden, Chemnitz,
      Reuter  -  189 words
    • Article
      MARKET SUMMARY 3
      93 5 NEW YORK Mar 14 Indices Claw Piwtwn Nat Ckug* Dow Jones 2687.84 2674.SS +13.29 NYSE Composite 185.68 185.25 +0.43 Standard Poor's 500 336.89 336.00 +0.89 Turnover (nearest '000) 146,200 145,440 76,000 LONDON Financial Times 30 1758.60 1755.60 3.00 FTSE 100 2226.10 2224.5 +1.60 Turnover (nearest *000) 376,100
      93 words
    • Article
      Swissair plans capital increase
      85 5 SWISSAIR-SCHWEIZERISCHE Luftverkehr AG said it would conduct a two-step capital increase to finance future investment. The initial capital increase, which excludes subscription rights for existing shareholders, will entail the issue of 180,000 new bearer shares with a nominal value of 63 million Swiss francs and 700,000
      85 words
    • Article
      Argos demerger details
      55 5 BAT Industries pic, announcing the terms of the demerger of its Argos stores, said that for every five ordinary shares held its shareholders will receive one share in Argos. This is subject to approval by shareholders at an extraordinary general meeting. Dealings in Argos shares are expected
      55 words
    • Article
      Board proposes circuit breakers
      68 5 THE Securities Industry Association board is proposing a set of across-market circuit breakers, based on IS to 50-point drops in the Standard and Poor's 500 index, halting downward trades for a limited time. The proposal was unveiled at a news conference as part of package of
      68 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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      69 words
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      Page 5 Advertisements Column 2
      90 5 929's going for 100 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 Darby Services
      90 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Limit to Swiss hidden reserves in the offing
        75 6 THE Swiss Banking Commission is preparing a directive to banks that will limit the allowable size of their hidden reserves, director Kurt Hauri said. But he denied a report in CASH newspaper that the hidden reserves would be capped at four per
        75 words
      • Article
        Financing for Macau airport
        65 6 MACAU International Airport Co will soon appoint two merchant banks to advise on financing for its planned airport, said chairman Carlos S Ferreira. He gave no names, but banking sources in Hongkong said the two advisers would be Standard Chartered Asia Ltd and China Development Finance
        65 words
      • Article
        Greeks face laundering charge
        81 6 A LEADING Greek bank and 13 of its employees were indicted in Brooklyn on Wednesday on federal changes of carrying out a money-laundering scheme that enabled clients to evade taxes on millions of dollars. Federal authorities said the bank, the National Mortgage Bank of Greece, illegally
        81 words
      • Article
        Easier capital adequacy rules
        51 6 FINANCE Ministry capital adequacy standards will help local and foreign securities houses operate more flexibly in Japan, brokerage officials Said. The rules, effective from April 1, will consolidate all risks in determining capital reserve requirements, unlike current rules which restrict risks on each kind of security
        51 words
    • Article
      Pacven turns in a profit in first year of operation
      325 6  -  By Quak Hiang Whai SINGAPORE-BASED venture capital fund, Pacven, has achieved the rare feat of turning in a profit in its first year of operation. Pacven whose shareholders include Singapore Technologies, DBS Bank, the Economic Development Board, Export Credit Insurance
      325 words
    • Article, Illustration
      Japanese merchant banks here confident of Tokyo upturn
      337 6 JAPANESE merchant banks in Singapore suffered a heavy drubbing with the downturn in the Tokyo stock market but remained optimistic that the current trend would reverse. Japanese bankers said the lack of local investors' support in the Japanese equities and bond market
      337 words
    • Article
      Lock icon US condition for joining 'Marshal Plan' bank
      352 6 NYT THE United States threatened on Wednesday not to join a new financial institution designed to funnel the bulk of economic assistance to Eastern Europe if the Soviet Union were to become a major borrower from the organisation. The threat came from Nicholas
      NYT  -  352 words
    • Article
      Lock icon Kuwait banks may drop dinar cartel
      210 6 Reuter KUWAJTs major banks may decide to drop their dinar dealing cartel because an increasing amount of corporate business are now done outside the country, say Gulf bankers. Kuwait's central bank did not impose the cartel on the banks, but if the banks did
      Reuter  -  210 words
    • Article
      Lock icon Association to sell junk bond portfolio
      383 6 NYT THE Columbia Savings and Loan Association, battered by the deterioration in value of its huge "junk bond" portfolio, is trying to sell the entire portfolio as a unit in what would be the largest sale ever of the high-yield, high-risk securities. Edward G
      NYT  -  383 words
    • Article
      Lock icon Maybank aims for 30,000 Mastercard holders
      165 6 Bernama MALAYSIA'S largest bank, Malayan Banking Bhd, has targeted at least 30,000 new cardholders in the first year for its newly-launched Mastercard. The card was jointly launched yesterday by Maybank and its subsidiaries Mayban Finance Bhd and Kwong Yik Bank Bhd. Executive Director Ismail
      Bernama  -  165 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      458 6 I Hie Great Eastern Life 1 I (^2J Assurance Compare Limited I J (Incorporated in Singapore) I The Directors are pleased to announce the following:- I The Company The Group I incr Incr I 1989 1988 (Deer) 1989 1988 (Deer) Tooo $000 000 I 1. AUDITED RESULTS FOR THE YEAR
      458 words
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      Page 6 Advertisements Column 2
      72 6 The Many off Japanese Superbly prepared Japanese Cuisine to delight your palate: LUNCH Sushi Promotion 'Eat-as-much-as-you-Like' $50+ per person Teppanyaki Set Lunch $18++ per person DINNER Ginga Special Set Dinner <® $45+ per person 'Live' Lobster Teppanyaki Set Dinner $45++ per person So, come and experience the appealing Japanese flavour
      72 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Jakarta in talks to export ammunition
      164 7 Bernama NEGOTIATIONS are under way for Indonesia to export ammunition, Research and Technology Minister BJ Habibie said yesterday. Indonesian-made ammunition would be shortly exported to the US, Belgium, Australia and New Zealand. The Indonesian arms industry is now capable of supplying light arms and
      Bernama  -  164 words
    • Article
      Lock icon China needs Hongkong to thrive
      307 7 Reuter CHINA NEEDS a thriving Hongkong to ease its own economic problems and this should give the British colony some hope for the future, the Economist Intelligence Unit said yesterday. China recovers sovereignty over Hongkong in 1997 and establishes it as a Special Administrative Region.
      Reuter  -  307 words
    • Article, Illustration
      Savetsila in Hungary
      26 7 THAI Foreign Minister Siddhi Savetsila (right) being received by his Hungarian counterpart Matyas Szuros. Mr Savetsila is on an official visit to Hungary
      26 words
    • Article
      Lock icon Asian nations state nuclear goal
      123 7 AP ATOMIC ENERGY officials from eight Asian countries who met in Tokyo this week have confirmed that each participating country will pursue the peaceful use of nuclear energy, including possible joint development of an experimental reactor. A Japanese official said yesterday that about 30 government
      AP  -  123 words
    • NOTE BOOK
      • Article
        Lock icon Jakarta-Moscow air services resumed
        87 7 Bernama INDONESIA and the Soviet Union have agreed to resume air services between their two capitals by June following a bilateral agreement. Press reports in Jakarta yesterday said that Garuda Indonesia president director Mohamad Soeparno and his counterpart from Aeroflot VD Samourokov signed the agreement in
        Bernama  -  87 words
      • Article
        Lock icon Manglapus: Courtesy issue
        76 7 AFP PHILIPPINE Foreign Secretary Raul Manglapus said on Wednesday that his department had extended the "appropriate courtesy" to a visiting six-man legislative delegation from Taiwan last week, but denied that it violated the country's one-China policy. He said "the department did not violate the one-China policy" when
        AFP  -  76 words
      • Article
        Lock icon US-NZ defence pact poser
        70 7 Reuter OPPOSITION leader Jim Bolger yesterday called for New Zealand to return to a defence alliance with the US but without the nuclear weapons which Washington insists are vital for Western security. Mr Bolger said the Bush Administration should rethink its refusal to confirm or deny
        Reuter  -  70 words
      • Article
        Lock icon Where were the papers?
        71 7 Reuter TWO MAJOR New Zealand afternoon newspapers, Wellington's Evening Post and the Auckland Star, failed to appear yesterday after their owner fired Star staff in a restructuring exercise. In the face of declining circulation, Independent Newspapers Ltd merged the Auckland Star and the Sunday Star with
        Reuter  -  71 words
    • Article
      HK hotels may face profit woes
      228 7 HOTELS in Hongkong will find it difficult to turn a profit in the next five years, the head of an international hotel chain has said. Jean-Gabriel Peres, regional senior vice-president for Meridien Gestion, attributed his gloomy outlook to a 50 per cent increase in
      228 words
    • Article
      Thai ministry rethinks export hind spending
      331 7 THE THAI Commerce Ministry is expected to consider stopping additional collections for the Export Development Fund and reduce its spending on "wasteful" promotional activities. A ministry official said that senior Business Economics Department officials had already agreed to the idea and would draft a
      331 words
    • Article
      Lock icon Evans: how to prevent a regional arms race
      114 7 AP AUSTRALIAN Foreign Minister Gareth Evans said yesterday that closer regional defence cooperation with countries such as Indonesia would prevent an unnecessary arms race in Asia and the Pacific. Mr Evans said a number of powerful nations, including China, India and Japan,
      AP  -  114 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      356 7 A legend in modern design: Movado® Museum® Watch. It was inspired by the group of international artists who developed the famous Bauhaus School in the 1920'5. Simplicity, tastefulness, function was their dictum. And one of its purist expressions was the watch dial distinguished by a single dot, designed a decade
      356 words
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  • THE WORLD 1
    • Article
      Lock icon Soviet republic with most to gain from world system
      348 8 AFP THE RUSSIAN Federation, the largest Soviet republic, would be the biggest gainer if Moscow joined the international trade system, according to a French study published on Wednesday. The Tribune de I'Expansion newspaper said the study was based on figures provided
      AFP  -  348 words
    • Article, Illustration
      Lock icon Ryzhkov rejects illicit arms deal allegation
      381 8 Reuter A FURIOUS Prime Minister Nikolai Ryzhkov threatened to resign on Wednesday, rejecting suggestions that he was linked to an illicit arms deal and warned his government could not continue in the face of such attacks. Mr Ryzhkov, so angry he could hardly speak,
      Reuter  -  381 words
    • Article
      Lock icon Opec may not tamper with pricing
      229 8 AFP MINISTERS of the Organisation of Petroleum Exporting Countries (Opec), due to meet in Vienna today, may avoid tampering with current Opec pricing and production policies despite a marked softening of world crude prices, Opec officials said on Wednesday. Prices of key crudes in
      AFP  -  229 words
    • Article
      Lock icon Economy growing slowly, say Fed banks
      234 8 Reuter THE US ECONOMY continues growing slowly despite widespread weakness in the motor industry and a gradual slowing in construction activity, according to a survey by the 12 Federal Reserve banks published on Wednesday. "Most Federal Reserve districts describe economic activity as expanding slowly,"
      Reuter  -  234 words
    • Article
      Lock icon OECD offers to help East Europe
      215 8 AFP THE OECD offered in Vienna on Wednesday to provide the benefit of its experience to East European countries moving towards a market economy, but warned it would take them at least 20 years to catch up with the West. Organisation of Economic Cooperation
      AFP  -  215 words
    • Article
      Lock icon S Africa sets wealth creation budget
      375 8 AFP SOUTH AFRICAN Finance Minister Barend du Plessis set a budget of 72.932 billion rand (US$2B.2 billion) for 1990-91 in Cape Town on Wednesday, aimed at helping the voteless black majority raise their living standards. The total, including a one billion rand contingency fund,
      AFP  -  375 words
    • Article, Illustration
      Lock icon Japan to cooperate in trade projects with US
      270 9 Reuter JAPAN'S Trade Minister and the US Commerce Secretary have agreed to cooperate on joint projects to promote Japanese imports and American exports. An official of Japan's Ministry of Trade and Industry (Miti) said in Tokyo on Wednesday that US Commerce Secretary
      Reuter  -  270 words
    • Article
      Lock icon Weaker yen may reverse Tokyo trade surplus fall
      337 9 Asahi JAPAN'S overall trade surplus, which has been in continuous decline for the past 10 months, may drop to below the US$Bl billion target set by the end of fiscal 1989, or March 31, say government officials in Tokyo. However, analysts say
      Asahi  -  337 words
    • Article
      Lock icon Morita hits out at dispute
      130 9 Asahi SONY CHAIRMAN Akio Morita, deep in controversy since co-writing the nationalistic book The Japan That Can Say No, has stuck to his guns by criticising both sides in the Japan-US trade row. Appearing before the ruling Liberal Democratic Party's ad hoc economic adjustment panel
      Asahi  -  130 words
    • Article
      Lock icon EC court allows appeals
      105 9 Reuter COMPANIES indirectly hit by European Community an-ti-dumping duties have won the right to appeal against penalties in certain cases. The European Court of Justice in Luxembourg decided on Wednesday to allow appeals from original equipment manufacturers importers which buy goods made by others for distribution
      Reuter  -  105 words
    • Article
      Lock icon Moody's expects airline industry to fly into turbulence
      212 9 Reuter MOODY'S Investors Service expects a turbulent and probably deteriorating credit environment for airline companies around the world, particularly for US carriers, through 1995. The rating agency said in a special report that factors including cost pressures, intense competition and the likelihood
      Reuter  -  212 words
    • Article, Illustration
      Just another afternoon in Beirut
      26 9 Playtime takes on a chilling twist in Beirut where two boys imitate real-life gunplay in what was once their family van
      26 words
    • Article
      Lock icon US favours zero customs tariffs on some goods
      282 9 AFP THE US is prepared to see zero customs duties on some products in the General Agreement on Tariffs and Trade (Gatt), US Ambassador Rufus Yerxa said in Geneva on Wednesday. The United States presented its propositions to the tariff talks in
      AFP  -  282 words
    • Article
      Lock icon Stop curbs on textile exports, study urges
      192 9 Reuter THE WEST is holding up the development of the Third World by limiting imports of textiles and should scrap such bans by the year 2000, a new World Bank study says. "Tariffs and trade restrictions on textiles cost developing countries about US$B
      Reuter  -  192 words
    • WORLD WATCH
      • Article
        Lock icon Support for Kaifu Cabinet hits new high
        91 9 AFP JAPANESE POPULAR SUPPORT for Prime Minister Toshiki Kaifu's Cabinet has risen to 52.9 per cent, the highest since Mr Kaifu took office in August last year, according to a survey published yesterday. The Yomiuri Shimbun newspaper's survey of 3,000 eligible voters nationwide
        AFP  -  91 words
      • Article
        Lock icon Tories trailing in opinion poll
        110 9 AP BRITISH PRIME MINISTER Margaret Thatcher's Conservative government, which is in deep trouble with voters over an unpopular new tax, is trailing the Socialist opposition Labour Party by 21 points, according to an opinion poll published yesterday. The 21-point gap shown in the International Communications
        AP  -  110 words
      • Article
        Lock icon Third World group clears the air
        119 9 Reuter A NEW GROUP of 15 developing nations will not threaten to renege on its debts when it holds its first summit in June, a spokesman for the group said on Wednesday. "Our approach is not an approach of confrontation but cooperation," Senegalese Planning
        Reuter  -  119 words
      • Article
        Lock icon France expects 3.2 pc growth
        50 9 AFP FRANCE can expect 3.2 per cent economic growth this year, after 3.7 per cent last year, French Economy and Finance Minister Pierre Beregovoy said in Paris on Wednesday. The prediction was above earlier government forecasts of 3 per cent growth for this year. AFP
        AFP  -  50 words
      • Article
        Lock icon Crackdown on separatism
        100 9 AFP CHINA is raising the stakes in its fight to quell separatism iir the strategic minority regions of Tibet and Xinjiang, admitting with alarm that the threat is still very much alive. LocaJ authorities have warned that anyone who attempts to subvert socialism or divide China will
        AFP  -  100 words
      • Article
        Lock icon Aid needed for Lebanon
        87 9 AFP FACTIONAL FIGHTING in Lebanon over the last li months has cost at least US$l.5 billion in damages. Economic experts in Beirut warned on Wednesday that Lebanon would need massive financial assistance from abroad to save the economy from total collapse. The country has also lost
        AFP  -  87 words
      • Article
        Lock icon Coup bid in PNG reported
        67 9 AP PAPUA NEW GUINEA'S Prime Minister, Rabbie Namaliu, has put down an attempted insurrection headed by the chief of police, the Australian Broadcasting Corp reported yesterday. It called the bid an attempted coup, but Australian Foreign Ministry officials in Canberra called it a disturbance amounting
        AP  -  67 words
      • Article
        Lock icon Yugoslavia studying jet project
        67 9 Reuter YUGOSLAVIA is considering building a supersonic fighter with the help of France and India. Yugoslav General Anton Tus has told the weekly magazine Afovosti 8 that Yugoslavia hoped to sell the plane to developing countries. Yugoslavia, saddled with a US$l6 billion foreign debt, would need
        Reuter  -  67 words
  • Page 8 Advertisements
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      1006 8 DBS LAND DBS LAND UD (Incorporated in the Republic of Singapore) 1. AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1989 The Board of Directors of DBS Land Ltd wishes to announce that the audited results of the DBS Land Group for the year ended 31 December 1989 are as
      1,006 words
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      183 9 HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUSE TORY/ m A distinguished design, with excejlent features to make this new phase another choicest investment s®® PI per square foot I® r uj. t iSiSSS I l g Flatted factory comprising 46 factory units (from 2000 to 5500 sq ft) and four w
      183 words
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  • Article
    Breaking up is hard to do
    455 10 EDITORIAL A N AIR OF inevitability hangs over the Soviet Union. It is but natural /A that Lithuanians, forcibly incorporate<Mnto the Soviet empire half a century ago, should try to make their way out of the imperial system as it frays about the edges.
    455 words
  • WHAT THE OTHERS SAY
    • Article
      Is the empire crumbling?
      231 10 -THE BREAKAWAY of Lithuania poses the most ->erious challenge to Mikhail Gorbachev since becoming General Secretary of the Soviet Communist iParty in March 1985. The options open to him are clearly unpleasant: if the Lithuanian decision is accepted without the Soviet Union extracting a high price,
      231 words
    • Article
      Change and no change
      164 10 MR GORBACHEV will soon become the first president of a reformed Russia. The new presidential system is actually set up by Mr Gorbachev for himself. The form may have changed, but not the substance. This is because *the absolute powers accruing to him as executive president
      164 words
    • Article
      One-man show
      132 10 AS THE most powerful person in the history of the Soviet Union, Mr Gorbachev may not find his job much easier. Should he be vested with new powers in his role as executive president, Mr Gorbachev's hand will be considerably strengthened in dealing with the many problems bedevilling
      132 words
  • REGIONAL VIEWPOINTS
    • Article
      Let my people go
      192 10 MIKHAIL GORBACHEV'S use of "illegal and invalid" to describe Sunday's secession vote by the Lithuanian parliament was illuminating. The Lithuanians have handed him and perestroika a vigorous vote of no confidence. He has to be wondering who will cast the next such vote. No one can
      192 words
    • Article
      Bigger investments
      164 10 AT THE annual dialogue with the private sector which began on Monday, Trade and Industry Minister Datuk Seri Rafidah Aziz disclosed that the government received 910 applications to invest in the manufacturing sector last year. Although there was a lower number of applications compared with the 944 received
      164 words
    • Article
      An Israeli tragedy
      175 10 THE COLLAPSE of Israel's coalition government yesterday was a predictable result of Prime Minister Yitzhak Shamir's failure to respond to pressure from Washington to begin direct talks with representatives of the Palestinian people. The US is the prime foreign financier of Israel's formidable military machine, but such
      175 words
  • Article, Illustration
    Lock icon How green is my company?
    825 10 Environmental auditing is a tool whose time has come Economist TWO YEARS AGO, Environmental Data Services (ENDS), publishers of a British newsletter on company and government greenery, drew up a directory of environmental consultants. There were 125. Next month, ENDS publishes a second edition. The
    Economist  -  825 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      510 10 BAT British-American Tobacco Company (Singapore) Limited (Incorporated in the RepubJ k ofSingapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-seventh Annual General Meeting of BritishAmerican Tobacco Company (Singapore) Limited will be held at the Registered Office of the Company, 57 Senoko Drive, Singapore on Thursday, 12
      510 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      60 10 DOONESBURY uao,n* VHE- JO /"U5 TPX£MO*£OF SYfWHIN6, Hot*J ABOUT 7H£W f^!2. Snffn C ~jVW CHAT. JUST JO*IXY,[X&E>,HAIR,THe sSSm* PC^ P Jj I sS/ JS/ HJANTW ID MORJ&' I'M ALSO FLYIN6 IN A SHOULD \KUN.BABZ 1 OH, A BRN6XXJUP TFAINCX.FOK.iOU—IMMTVOU I HAVE poNN/a, i )=lri JM tosp&von to b/ercis& anp p&t
      60 words
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  • ANALYSIS
    • Article
      Lock icon Immigrant crisis throws Sabah into state of trauma
      770 11  -  Half a million immigrants, most of them illegal, share the land with 900,000 Sabahans. The newcomers are said to be posing huge legal as well as health problems. Lai Kwok Kin investigates. Lai Kwok Kin Reuter IN 1973, at the height of
      Reuter  -  770 words
    • Article, Illustration
      Lock icon Wanted: Foreign help, must remain foreigner
      944 11  -  Japan needs foreign experts, but is unsure of how to handle them, according to Mark O'Neill. Mark O'Neill Reuter JAPAN needs skilled foreign labour to keep its economy growing, but the homogenous society is uneasy about dealing with the growing number of outsiders, even
      Reuter  -  944 words
    • Article, Illustration
      Lock icon Towards a more economically united Arab world
      497 11  -  The Arabs are trying to put right some gross trade imbalances. Eric Hall reports. Eric Hall Reuter Arab nations win launch a pan-Arab fund this week to tackle growing economic imbalances in the region and help their economies survive in a world they
      Reuter  -  497 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      109 11 SHORT TERM APARTMENTS FOR RENT Daily, Weekly, Monthly. From $60 per day To $3,000 per month 1 to 3 rooms •Flexible terms Many Choices Maid Services Optional FAX:*****17 TEL: *****76/*****98 A well established locally headquartered shipping company requires highly experienced person for the position of Chief Financial Officer. Applicants, male
      109 words
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      117 12 EPSON SINGAPORE OPEN GOLF CHAMPIONSHIP 1990 I fmm m I I I IB I I I Jv M W w &mI 1 :^m if > I Jv I i- -:v i c, ~.y .x; 4 < MARCH 15 18 BUKIT COURSE THE SINGAPORE ISLAND COUNTRY CLUB DAILY FROM 8 AM
      117 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon Europeans snub Players Championship
        126 13 AFP US PGA Tour commissioner Deane Beman's plans to put The Players Championship on the same level as the four majors may have been derailed by his insistence on rigid requirements for foreigners. Four top European golfers Britain's Nick Faldo, Spain's Seve Ballesteros, West German Bernhard
        AFP  -  126 words
      • Article
        Lock icon Season under threat
        114 13 AFP THE ENTIRE American baseball season is under threat as the lockout of spring training completed its fourth week on Wednesday. Kansas City Royals owner Ewing KaufTman said they could make no further concessions and if the players did not settle the dispute soon the entire season
        AFP  -  114 words
      • Article
        Lock icon Is it really possible?
        154 13 AP JOHN CURRY may have been in charge of Wimbledon for only three months but he is already considering a major change in the world's oldest Grand Slam tennis tournament: moving the date. "It is not a thing we would do lightly but if the players
        AP  -  154 words
      • Article
        Lock icon Hooligans, watch out
        136 13 AP ITALIAN SOCCER officials expressed confidence on Wednesday that security measures to keep hooligans out of Sardinia will prevent violent clashes during the World Cup soccer tournament in June. Adrian Appleby, the head of the National Football Intelligence Unit of the British police, told Britain's Independent Television
        AP  -  136 words
      • Article
        Lock icon Lakers go down to Philadelphia
        142 13 AP CHARLES BARKLEY scored 35 points and Johnny Dawkins tied his career-high with 30 as Philadelphia defeated the Los Angeles Lakers 116-110. The victory on Wednesday night was Philadelphia's first over the Lakers in 11 games since Dec 7, 1984, and snapped a three-game 76ers'
        AP  -  142 words
    • Article
      Lock icon Officials abandon Test for one-day matches
      261 13 AP CRICKET OFFICIALS finally decided to abandon the weather-beaten second Test match between England and the West Indies to be held in Guyana's Georgetwon on Wednesday, substituting it with two one-day internationals. But, in spite of hot, sunny weather, the sodden outfield at the
      AP  -  261 words
    • Article, Illustration
      An impressive start to Epson
      635 13  -  By Charles Savage THE EPSON Singapore Open had perhaps its most impressive start yesterday with three golfers carding five-under 66s but they only lead by a slim single stroke. Filipino Antolin Fernando (33, 33), Korean Choi Sang Ho (32, 34) and Myanmar's Kyi Hla Han
      635 words
    • Article
      Lock icon Foulds praises man who beat him
      301 13 AFP NEAL FOULDS was full of praise for Stephen Hendry on Wednesday after being beaten 5-3 by him in the quar-ter-final of the £200,000 (U*****,000) European Open snooker tournament in Lyons, France. The one-time world number three, who has battled through countless matches with
      AFP  -  301 words
    • Article, Illustration
      Lock icon A dream field for Lipton Intl
      345 13 AP THIS YEAR'S US$2.5 million Lipton International Players Championships in Key Biscayne already boasts "a dream field" with 18 of the world's top 20 men's tennis players taking part. Now the women's competition has added the excitement of 13-year-old Jennifer Capriati. Capriati made a
      AP  -  345 words
    • Article
      Lock icon Wilander's taking another break
      268 13 AP A TIRED and discouraged Mats Wilander says he is taking at least a month off from tennis, after a dramatic plunge from his ranking as the top player in the world. Wilander, 25, who swept three of the Grand Slam titles in 1988, has dropped
      AP  -  268 words
    • Article, Illustration
      RESULTS
      73 13 AFTER the first-round of the Epson Singapore Open. FIRST: 66 Antolin Fernando (Phil) (33, 33), Kyi Hla Han (Myan) (35, 31), Choi Sang Ho (Kor) (32, 34). FOURTH: Alain Trudeau (Can) (36, 31). FIFTH: Lucien Tinkler (Aust) (34, 34), Anthony Gilligan (Aust) (34, 34), Robert Pactolerin (Phil) (33, 35),
      73 words
    • Article
      Lock icon Merle races to fourth World Cup victory
      363 13 AP CAROLE MERLE held off rookie sensation Julie Hansen of Norway in the women's giant slalom final in Klovsjo, Sweden, on Wednesday, streaking to her fourth World Cup triumph in a row. The Frenchwoman, coming off a five-month injury break that almost made
      AP  -  363 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      26 13 EPSON SINGAPORE OPEN GOLF CHAMPIONSHIP. (AN EXCLUSIVE EVENT NOW OPEN TO THE PUBLIC). Bukit Course. Singapore Island Country Club. Tee-off at 7.15 am. Admission is free.
      26 words
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      Page 14 Advertisements Column 1
      264 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Didn't I see you at Scandals? Every Monday: High Fashion Night. F.verv Thursday: ladies \ighi. Every Night: The place to see and be seen. Scandals. Singapore's most sophisticated club and meeting place. For details
      264 words
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      Page 14 Advertisements Column 2
      315 14 niiiiniiiiiiiiiiiiii PLUM'S ********************1 l That old spiced magic from Thailand is coming to Plum's! March 12 25 only! Chefs from the famous Dusit Thani hotel in Bangkok, Thailand are coming, armed with traditional Thai receipes for the buffets at Plum's. Secret ingredients spice up the food and bring out the
      315 words
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      Page 14 Advertisements Column 3
      207 14 uttdfer tSfe. £c*rs Sky Garden Poolslde Friday to Sunday: 6.30 10.30 pm Adult: $11.90 Child: $8 Complimentary birthday cake tor PLAZA HOTEL s minimum of ten Please make your ramffebt ou.rui"" mTcl reservation 4 days In advance it-an sawnr 117w ih am mM, -7 u Vrn^Er.x*' Feast on our Chef
      207 words
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      Page 14 Advertisements Column 4
      244 14 KIWI FARE IS A GREAT AFFAIR The Mandarin Singapore presents the •~\//kj avours New Zealand from 7 —17 Mar '90. Chef Anthony Smith from sfc floor New Zealand will demonstrate the multi-cultural versatility of lamb in his awardwinning dish "Lamb Flavours of Asia" which won him the prestigious 1989 Lamb
      244 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      679 14 TELEVISION AND RADIO A Friday Raehgraead (See Our JJt Egyptian Drama BUSINESS ON RADIO touen cnoice >UH r~ s msz* t2^^rr: D ~he nc,«M*hv«fMi lU U 6 AA VllV/IVV spirt, rf A«an 7.10 m, S.2SO, lJOpm, This programme captures the 1Q JQ fr y >y l tlon y in y
      679 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Belmondo's stage comeback a hit
      902 15  -  Jean-Paul Belmondo has returned to the stage a second time, to star in the play Cyrano de Bergerac, a part which fits him down to his nose, reports Alan Riding Alan Riding NYT THERE ARE neither bedroom scenes nor daring stunts to recall his action-packed
      NYT  -  902 words
    • Article
      Lock icon Euthanasia most alive in The Hague
      756 15  -  In an age where medical advances can help prolong a dying person's life, The Netherlands has guidelines for physician-assisted euthanasia. Mary Carpenter reports Mary Carpenter IHT A 69-YEAR-OLD American woman in good health is so worried about the possibility of a long, debilitating illness,
      IHT  -  756 words
    • Article
      Lock icon Author Rosamond Lehmann dies
      253 15 CHATTERBOX Agencies NOVELIST Rosamond Lehmann, who achieved overnight fame with the publication of her first book Dusty Answer in 1927, died on Monday at her London home aged 89, her publishers Virago Press announced on Wednesday. Miss Lehmann was born at Bourne End on the River
      Agencies  -  253 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      272 15 AND ENTERTAIN A Culinary Tribute To Fresh River Salmon. From March 2 to 17, you can enjoy fresh 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
      272 words
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      Page 15 Advertisements Column 2
      129 15 9-COURSE DELICACIES hMI 9 BONUS ITEMS 11 Enjoy the following bonus e items now! Valid till 31/3/90 Free tea refreshment [j£s?s?ns?s?ns?nns2ns?n^] (2) Free-flow of stout beer jjj 1 ASSORTED COLD CUTS (3) Suntax 35mm camera 2 2 SHARK'S FIN W/CRAB MEAT S 3 rolls Konica 135 -35mm film w 3
      129 words
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      Page 15 Advertisements Column 3
      302 15 BOT HONG KONG China CrotA Restaurant 1 Marina Bay Colp* Country Club L VJ2 tMannaGmen 9ngaporsoml For Reservations Please Call *****11. w 7r^*;i-*rv'-g.>li -I ■Ei -m xn PRINCESS! I FIIFA(FI I Great Meals I lin an Intimate Setting I fl| For a delightful but informal meal, come to our 24-hour
      302 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market rises marginally on higher overseas prices
      4347 16  -  By Lim Mui Khi SHARE PRICES nudged upwards in response to firmer overseas stock markets and news that the number of missing Malaysian share scrips was smaller than expected. The market opened higher in the morning on the back of Dow Jones' 13.29-point
      4,347 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      Little activity as mood remains cautious
      721 17  -  By Lim Mui Khi ON CLOB International yesterday, some investors responded to the Kuala Lumpur Stock Exchange's statement on the reduced number of missing share certificates by staying on the sidelines; others took bites at selected stocks. Those who were unimpressed had either discounted
      721 words
    • Article
      CLOB INTERNATIONAL
      2953 17 Gr's Gr*a 1989/90 Td Last Vol Day Last Quote Dfe Db YM Net M Cap I Hick Low Code Company Sale +or(W0) High Low Buyer Seller Or P/E Smil ts 102 92 1418 CDL Hotels Intl 93 unch 680 93% 92% 92% 93 1246 Cathay Pacific 1000 980
      2,953 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    906 17 Company Expiry/ Coupon Conversion period Interest Cortnioa term far oat ordinary ■atarity payable share dale CauMway Law 1994 6 Dec 31 CauMway m 1994 Oct 2. 1989 to Oct 20. 1994 1 warrant plus $1 cash or 1 warrant phis $1 nominal amount of
    906 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close off-best
      3365 18 MBT SHARE PRICES on the Kuala Lumpur stock market closed off-best yesterday as a late bout of profit-taking trimmed earlier gains in another round of lackadaisical trading. Dealers said that the market had kicked off on a promising note but investors turned apathetic in the afternoon despite
      MBT  -  3,365 words
  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS DUE
      768 18 Singapore Stocks Last Full Year Company Mad Oat* Year Net EPS Gross Net ——>4 ertkn (cants) dhr profit lad yur (I'OOO) BMT Interim Jan 27 Jun 90 169.6 100.0 516 GuMe GTS Final Feb 22 Oec 89 1,1171 Man Final Feb 28 Nov 89 39.1 100 11.728 ICS
      768 words
    • Article
      DIVIDENDS ANNOUNCED
      532 18 Current Ex Boafcs Data Total for Total far paqmmd date daM payaMa tha yaar last far Am* Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C Awno 15*TE Feb 28 Mar 12 Mjy 15 25*TE 25*TE BAT 90 9%(n) Apr 6 Apr 19 May 3 122 7*(o) 72*
      532 words
    • Article
      APPROVED ISSUES
      362 18 Company Rights Issue MM One-tor tour 6 MS2 40 per share Ex-date Mar 8 Books ctose Mar 22 Acceptance 1 Payment NYA Beurteadra One-tor three <& $115 per share Ex<Jate Ian 19 Books dose Feb 1 Acceptance Payment Mar 19 CM Two-tor tore S2 10 per share Three
      362 words
    • Article
      PROPOSED ISSUES
      222 18 Company Rights Issue Apofe One-tor-one 11.85 per share 0 IfcMtap Issue of 27m loan stocks *> B* ratio of S3 loan stock tor rary iw ordmary shares hetd. FAC8 One-tor-one MJO 60 per stare Fab* Mrti One tor one MJ025 per share. totowed by a share swap of
      222 words
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  • REGIONAL STOCK MARKETS
    • Regional share prices generally close higher
      • Article, Illustration
        HONGKONG
        1057 19 HONGKONG'S Hang Seng index posted a moderate 11.58 point gain to 2,892.81 yesterday although investors concentrated most of their attention on laggard second and third-liners. "The second-liners have taken over the running though those that were flying recently are taking a breather," said equity trader Michael Conway of Smith
        1,057 words
      • Article, Illustration
        TOKYO
        697 19 TOKYO shares reversed course yesterday after falling for three days and closed firmer. Investment trust fund buying fuelled the rebound, while fund trusts and individuals may also have bought. But trade was thin, reflecting widespread caution. "It seems the market has hit the bottom and is consolidating," said Yoshio
        697 words
      • Article
        TAIPEI
        380 19 TAIWAN stocks opened higher yesterday but soon ran into resistance as cautious investors kept the heavily-weighted financial sector weak. The weighted in- dex rose 37.62 points, or 0.3 per cent, to end at 11,934.49 compared with Wednesday's 11,896.87 close. Turnover rose to NTS 161.5 billion from NTS 147.4 billion.
        380 words
      • Article
        BANGKOK
        192 19 THE Stock Exchange of Thailand's composite index was up 6.62 points to close yesterday at 783.33. Turnover of 8,113,359 shares was valued at 1,026.01 million baht. The Bookclub index yesterday finished at 681.30, up 6.16. Bangkok Mar 15 Baht Ruam Pattana 20 +0.25 Saha Pathana Amcncan Standard Interholding 156
        192 words
      • Article
        MANILA
        147 19 THE early morning capture of another rebel army officer helped fuel buying of Philippine shares yesterday and sustain the week's price rally on Manila's stock market. But prices closed off the day's highs after midsession profit-taking. Manila's composite index settled at 1,115.61, up 31.54 points, or 2.9 per cent,
        147 words
      • Article
        MEW ZEALAND
        47 19 FURTHER solid improvements in Fletcher Challenge's share price drove New Zealand share prices higher on improved turnover yesterday. The rise was also assisted by gains in Brieriey Investments but the so called second-tier stocks were flat. The Barclays index closed at 1,798.94, up 22.67 points.
        47 words
      • Article
        JAKARTA
        98 19 JAKARTA stock prices ended barely changed yesterday, bringing the index 0.96 point down to 580.76, but turnover rose to 1.37 million shares from the officially corrected 1.03 million on Wednesday. Yarn maker Tificorp's share suffered a 5,000 rupiah loss, closing at 100,000. Turnover was 13,500 shares. Indocement and Semen
        98 words
      • Article, Illustration
        SYDNEY
        249 19 DEMAND FOR leading stocks propelled Australia's stock market to a stronger close yesterday after three days of lacklustre trade and weaker finishes. The All Ordinaries index gained 14 points to end on its high for the day at 1572.7. "There was quite a bit more local participation today on
        249 words
      • Article
        SEOUL
        230 19 SEOUL stocks fell to the year's second lowest level yesterday as most institutional investors stayed on the sidelines waiting for encouraging news. The composite index closed at 835.59, shedding 2.6 points from the previous session. Turnover was a thin 141.1 billion won compared with 180.7 billion on Wednesday. "One
        230 words
      • Article
        Untitled
        324 19 Sydney Mar IS Crats Mar IS CeMs Aberfoyle 450 5 Homestake 165 +5 ACM 202 unch Hoyts Ent II -I ACM Gold 166 1 Hoyts Medta 10 unch Advance Bank 470 +5 ICI 560 +6 Adslcam 480 4 Ind Equity 224 unch A Jean 235 +5 Jennings 175 -10 A
        324 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      55 19 $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 Simex's agenda for the 1990s Cruises for everyone Investment spotlight on Polytek Wearnes, Metalock MARCH 1990 A Times Periodicals publication CHARTPOINT
      55 words
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  • WORLD STOCK MARKETS
    • Dow higher as investors stay on the sidelines
      • Article, Illustration
        NEW YORK
        941 20 BUYING RELATED to the unwinding of arbitrage positions between stocks and stock index futures helped US stocks close higher in light trading on Wednesday. Trading was light, however, as many investors stayed on the sidelines, awaiting economic reports and the triple expiration of futures and options at the
        941 words
      • Article, Illustration
        LONDON
        816 20 LONDON share prices remained firm in extremely quiet business on Wednesday after earlier gains established on light technical demand. Dealers said the market spent the morning scrambling to decipher the implications of a series of corporate results. One said: "Some of the figures were slightly unhelpful in that the
        816 words
      • Article
        AMSTERDAM
        232 20 DUTCH share prices started higher across the board in active trading yesterday as buying sentiment was bolstered by sharply higher Dutch bond prices and gains on leading international stock markets overnight, dealers said. The CBS all-share real-time index started 0.9 point higher at 115.4 to peak 115.7 in the
        232 words
      • Article
        FRANKFURT
        149 20 WEST GERMAN share prices closed 0.9 per cent higher yesterday, but were unable to maintain the strong upward momentum seen earlier in the session, dealers said. Shortly after the bourse opened, the DAX index of 30 major West German shares climbed 28.48 points or 1.5 per cent to 1,891.32.
        149 words
      • Article
        MILAN
        119 20 DEMAND for blue chips boosted Italian shares at the opening of the April trading account in fair volume yesterday. The MIB index was up 1.1 per cent at 1100 GMT with 59 per cent of stocks closed. Gainers included car maker Fiat. Milan Mm 14 Lire Ass Gen *****
        119 words
      • Article
        PARIS
        102 20 A NEW surge of interest in Navigation Mixte and Paribas supported French share prices yesterday, although the index was off opening highs by midday in active trading. The CAC-40 index was up 10.01 points at 1,956.38 by 1200 GMT. Paris Mil 14 Frwra CORBEILLE Air-Liquide 652 3 Cge 578
        102 words
      • Article
        ZURICH
        231 20 SWISS shares opened firmer yesterday following Wall Street's firmer close and a slight recovery in Tokyo. The all-share index was 2.2 points higher at 1,099.2 after the first half hour of trading. The SMI index of leading bearer shares was 9.1 points higher 1,693.6. Zurich Mar 14 Frmncs Actions
        231 words
      • Article
        Untitled
        472 20 Brussels Mar 14 trues FORWARD MARKET Acec 4830 -60 Arbcd 4800 +35 Astur 1354 -2 Bra scan 742 -2 Canpac 736 unch Cock 194 -2 De Beers 790 +4 Ebes. 4120 -20 Gb-lnno-Bm 1226 +6 Gevaeit 8800 *30 Gr Bni Lamb 3995 unch Hobok Pet no ***** +50 Ryl Dutch
        472 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      140 20 This announcement appear as matter of record onty ■ucii mi SB GENERAL LEASING (SINGAPORE) PTE. LTD. 5530,000,000 TENDER PANEL FOR ADVANCES TENDER PANEL MEMBERS ASIA COMMERCIAL BANK LTD BANQUE INDOSUEZ SINGAPORE BRANCH LTCB MERCHANT BANK (SINGAPORE) LIMITED MALAYAN BANKING BERHAD. SINGAPORE BRANCH THE MITSUBISHI TRUST AND BANKING CORPORATION THE MITSUI
      140 words
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      Page 20 Advertisements Column 2
      51 20 GET THAT liv SEEKER'S GUIDE provides you with comprehensive, practical, step by step guidance on the entire process of job hunting. Features research on the prospective job and employer, r6sum6, letter of application, job interviews, common questions asked and checklist for that big decision Available at all good bookshops STP
      51 words
Page thumbnail Page 21
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar closes firmer against major Asian currencies
      1087 21 FOREX MARKET REPORTS THE US dollar ended firmer against major currencies in Asia's foreign exchanges yesterday after being trapped in narrow ranges for most of the day. Market players were mostly sidelined ahead of Bank of Japan Governor Yasushi Mieno's news conference
      1,087 words
    • Article
      INTERBANK FOREX RATES
      387 21 Cross rates M»ns USS SS M$ Dm Yen SFr AS NZS USS 1.8740 2.7150 1.7105 152.35 0.6219 1.5230 1.3132 1.6978 SS 0.5336 1.4488 0.9128 0.8130 0.3319 0.8127 0.7007 0.9060 MS 0.3683 69.02 0.6300 0.5611 0.2291 0.5610 0.4837 0.6253 Dm 0.5846 1.0956 1.5873 89.07 0.3636 0.8904 0.7677 0.9926
      387 words
    • Article
      MONEY MARKET
      560 21 Interbank rates SS Bid Offer Overnight 5 1/2 5 5/8 1-month 6 3/16 6 5/16 2-month 6 1/4 6 3/8 3-monmth 6 1/4 6 3/8 Overnight mode: 6 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 7/16 8 1/2 2 months 8 7/16 8
      560 words
    • Article, Illustration
      Lock icon Call for central bank, common currency for EC
      314 21 Reuter THE European Community needs a common currency, which should be the European Currency Unit (ECU), and a federal central banking system on the Bundesbank model to apply monetary policy, an EC Commission study said. Officials familiar with the report said it
      Reuter; Punch  -  314 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1414 21 SMEX CUMOOUAM Open High Low Sett Est Vol OjVInt Vol Mar 90 91.44 91.45 91.43 91.44 2100 9401 2378 Jun 90 91.27 91.28 91.25 91.27 7608 ***** ***** Sep 90 91.13 91.13 91.11 91.13 962 4389 2719 Dec 90 90.96 90.97 90.95 90.97 278 2558 986
      1,414 words
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  • COMMODITIES
    • Article
      Lock icon Unrest a fillip for coffee and cocoa
      398 22 AFP COFFEE and cocoa futures prices have hit their highest levels in five months in London this week, due to concern over unrest in Ivory Coast, the world's largest cocoa producer, and the weakness of the British pound. But while coffee prices are
      AFP  -  398 words
    • Article
      Lock icon Commodity Exch plans merger, relocation
      97 22 Reuter A POTENTIAL merger with the New York Mercantile Exchange and a relocation of the entire Commodity Exchange Centre are the Commodity Exchange Inc's top priorities. Martin Greenberg, chairman of Sterling Commodities Corp, said, "The merger and the relocation go along with apple pie, Chevrolet
      Reuter  -  97 words
    • Article
      Lock icon Short-term lead squeeze prompts LME action
      217 22 AFP LONDON Metal Exchange (LME) members were on Wednesday instructed to submit details to the LME board of their positions in the exchange's lead contract. The move, announced by LME chief executive David King after a board meeting on Wednesday, follows the development of
      AFP  -  217 words
    • Article
      Tin prices hold; rubber, palm oil, gold end easier
      821 22 TIN price on the Kuala Lumpur tin market was unchanged at 17.04 ringgit a kg in dull trade, traders said. Turnover was 60 tonnes against 75 on Wednesday as miners kept a tight hold on stocks in anticipation of further price
      821 words
  • Article
    PRICES
    1348 22 Rubber Mans RM (tlfc In trtaa) Scenu/kj Noon Clot Int I RSS Prompt 152.50/153.SON I5I.SCVIS2.90 Int I RSS Apr 90 155.50/156.00 154.50/155.00 Int I RSS May 15S.O(yiS8.SO 157.00/157.50 Int 2 RSS OP 150.50/152.50N 150.00/152.00N Int 3 RSS OP I45.00/I47.00N 144.50/146. SON Int 4 RSS OP 141 00/143 OON 140
    1,348 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      596 22 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SHUN HAY INVESTMENTS PTE LTD MEMBERS VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 5 Shenton Way #13-00, UIC Building. Singapore 0106. on Friday. 9th March 1990
      596 words
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      Page 22 Advertisements Column 2
      503 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IMPROVED PROOUCTS MANUFACTURER (PRIVATE) LIMITED (In M«mb«rs' Voluntary Liquidation) NOTICE IS HEREBYGIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the members of the abovenamed Company will be
      503 words
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      Page 22 Advertisements Column 3
      15 22 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 23
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      995 23 City Flight ETA Flight ETD Abu Dhabi SRI87 2000 GJ890 2250 GA970 2335 Matahla SQ225 2215 1l RJ182 1445 RJ183 2320 AmMM KL835 1505 KL836 2150 SQ23 1810 SQ24 2230 QF16 1820 GA890 2250 Athens SQ31 1720 0A471 2215 TE25 1700 BA11 1225 TE25 1755 SQ325
      995 words
    • Article, Illustration
      Drifting through US snowscapes
      614 23  -  LETTER FROM LAKE TAHOE By Arnold Wilson THERE is a chart at Salt Lake City's international airport that lists current snow depths in all the Utah ski resorts. It made mouthwatering reading. Snowbird, less than an hour away where my companion and I had stolen an
      614 words
    • Article
      MONEY CHANGER RATES
      152 23 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4160 1.4360 Canadian dollar 1.5810 1.6010 NZ dollar 1.0830 1.1250 Sterling pound 2.9950 3.0350 US dollar 1.8710 1.8810 Ijxal dollars to 100 vnits of foreign currency Austrian schilling 15.20 16.20
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      127 23 Duration Title Venue Orpntser Td Duration Title Venue Organiser Td Mar 9-19 Nice Nice Foire (33)*****101 Mar 20-23 Sports A Camping Barcelona Fena de (34)3/*****01 International Internationale Exhibition Barcelona, Fair de Nice F.O.I.M. Mar 10-18 International Munich GHM Gesellschaft (49)89/***** Mar 21-26 Musk Fair Frankfurt Messe (49)69/*****
      127 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      65 23 H X Tl* business person's choke every Tuesday, If 1 m llff 1 Thursday, Saturday jnd Sunday. Laving Chanti II I II I I I Airport a 21:55 boon and arriving at Lester B. J, JL X N JL P flr,on International Airport the following day. Coil ytmr travel agent
      65 words
    • Advertisement
      Page 23 Advertisements Column 2
      1122 23 NOTICES PAVERS CONSTRUCTION IN THE MATTES OE PTE LTD THE COMFAOTEB ACT, NOTICE OF FINAL MEETING f?r (In Members Voluntary iwVi IN THE MATTER OF THE COMPANIES ACT, Winding Up) m raE M ATreE 0 P THE COMPANIES ACT, CHA fZS NoUc *V t TlT r > V2 l T?r
      1,122 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      200 23 dapO 27 To start, Ronald went to the city (7) tivity in the kitchen (4-5) 22 Hot day in a resort it turn--28 He may give others a rise 7 Church worker in car sits ed out (7) in the shop (7) out (7) 24 Another support (6) 29 Make
      200 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      223 23 Singapore OUTLOOK: Fair Report for 24 hours prior to 7.30pm on Mar IS at the airport: Max temp 33.5 Assoc humidity 51 Min temp.. 24.9 Assoc humidity... 89 Hrs of sunshine.. 10.05 Rainfall in mm Nil Rainfall this mth 89.3 Rainy days this mth 2 Forecast for the rest of
      223 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      32 23 (Souups fun...) I excuse me-.sisl PNYTMING DezusfceA i uNDeffsTwo W voeiZefM y 1 VOQHOQPS' sauj P costocas Pro e*ose rwj) f -JL A JK fc (Tivjl rvtwwo stahpawo co ltd, na-nm dm
      32 words
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  • Article
    S'pore plans more career fairs
    311 24  -  By Anna Teo ENCOURAGED by the good response to its recent recruitment drive in the United States, the government will be organising more career fairs overseas, with Australia and New Zealand next on the list in August. The dozen companies which took part in a
    311 words
  • Article
    Lock icon Mosbacher calls for partnership
    147 24 AP US COMMERCE Secretary Robert Mosbacher yesterday urged Japan to act in a global partnership with the US to buoy the world trading system by removing trade curbs. "If we do not act soon, we may throw away our last chance to save the world trading
    AP  -  147 words
  • Article
    Spying in Johor: KL paper
    224 24 A MALAYSIAN newspaper reported in a front page article yesterday that foreign agents based in a neighbouring country were spying on several government departments in Johor. Asked to comment on the report in the Malay-language Utusan Malaysia, Deputy Home Affairs Minister Datuk Megat Junid Megat
    224 words
  • Article
    Lock icon M'sian committee to study wage reforms
    243 24 AFP Bernama MALAYSIA yesterday set up a 13-man committee to study wage reforms amidst concern that the current rigid wage system and rising labour costs would turn away foreign investors. Human Resources Minister Datuk Lim Ah Lek, whose department changed its name on Wednesday
    AFP; Bernama  -  243 words
  • Article, Illustration
    Lock icon Gorbachev vows to push through major reforms
    378 24 Reuter SOVIET LEADER Mikhail Gorbachev vowed yesterday that he would use his powerful new post as executive president to make far-reach-ing reforms in the armed forces. Mr Gorbachev also pledged to use his sweeping constitutional powers to press ahead with reforms and hold
    Reuter  -  378 words
  • Article
    Lock icon East Bloc credit rating falls
    122 24 Reuter THE POLITICAL and economic changes sweeping through Eastern Europe and the Soviet Union have made loans to those countries a more risky investment, according to a survey of international bankers. They regard the most creditworthy nation to be Japan, trailed by Switzerland, West Germany
    Reuter  -  122 words
  • Article
    Lock icon Malaysia launches new\ scheme to boost exports
    443 24 Malaysia launches new scheme to boost exports Bernama MALAYSIA, estimating its current account balance of payments to have gone into deficit for 1989, has launched a Bankers' Export Finance Insurance Policy (Befip) to keep its exports at a high level and ensure a larger merchandise trade surplus. Finance Minister Datuk
    Bernama  -  443 words
  • Article
    Lock icon China to inject money into economy
    244 24 Reuter FEARING A RECESSION induced by excessive austerity measures, China yesterday announced that it will inject more money into the economy and cut interest rates. Official newspapers said the moves were decided upon at a conference conducted by telephone and headed by central bank
    Reuter  -  244 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      81 24 Precision mastery since 1775 'i^y//^' (7 SnTl77l Joint projects. Ps 9 GERRUTIIBBIITOW3S) LADIES' BOUTIQUE 3UQITUOa &JIQAJ #02-61 Wisma Atria, Orchard Road Tel: 733 1886 MEN'S BOUTIQUES 83U9ITUO0 #01-15 The Paragon. 290 Orchard Road Tel: 235 9655 #02-54/60 Wisma Atria. Orchard Road Tel: 734 9360 #01-45 Forum Callena. Orchard Road Tel:
      81 words
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      Page 24 Advertisements Column 2
      56 24 M \t lllsl\ gerald genta I lout More stories, Pg 8 Leader, Pg 10 j IBHhaCBI IS THE NUMBER TO CALL WHEN J YOU WANT TO RENT M. j A CAR WORTH YOUR WHILE BBranHH i i 0® AB CAR RENTALS PTE. LTD. j 19 LENG KEE ROAD SINGAPORE 0315
      56 words
Page thumbnail Page 25
  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Intercargo nominates new chairman
        70 25 Reuter INTERCARGO, THE INTERNATIONAL Association of Dry Cargo Shipowners, has nominated Hongkong shipowner Frank Chao to be its new chairman. Tuesday's executive committee meeting unanimously agreed to nominate Chao for election at the annual general meeting, which is scheduled for April 23. Intercargo said. Intercargo has
        Reuter  -  70 words
      • Article
        Lock icon Sharp fall in tanker chartering
        129 25 Reuter WORLO CRUDE OIL tanker chartering in February fell sharply to 46.33 million long tons at an average worldscale 90.05 (420 fixtures) from 58.94 million at worldscale 112.52 (512) in January, but was above 43.16 million at 80.16 (427) in February 1989, London shipbroker Howard
        Reuter  -  129 words
      • Article
        Lock icon British Airways' load factor up
        106 25 Reuter BRITISH AIRWAYS' passenger load factor last month was 67.0 per cent, the best achieved in a February, compared to the 84.9 per cent recorded in the same month last year. The overall load factor, including freight and passengers, was 65.8 per cent in February
        Reuter  -  106 words
      • Article
        Lock icon Farmers block Breman harbour
        77 25 Reuter WEST GERMAN FARMERS with several hundred tractors blocked large parts of traffic in Bremen and its grain harbour on Wednesday in a protest against European Community policies. A police spokesman said a planned demonstration had to be postponed as tractors still blocked traffic in the
        Reuter  -  77 words
      • Article
        Lock icon Final stretch of beach reopened
        77 25 AP THE FINAL STRETCH OF BEACH fouled by the American Trader oil spill was reopened on Wednesday, 36 days sfter the tanker spilled nearly 1,514,160 litres of crude offshore. The clean-up of about 32 km of beach coated with Alaskan crude oil cost nearly US$2O
        AP  -  77 words
    • Article
      Training programmes for Malaysian shippers
      112 25 THE MALAYSIAN National Shippers Council (MNSC) will conduct two training programmes in May and June for the benefit of Malaysian shippers. On May 22, the council will conduct its second programme on maritime insurance and cargo claims, and on June 19 a programme on bill
      112 words
    • Article
      Lock icon Norwegian oil tanker catches fire off Singapore
      153 25 Reuter FOUR PEOPLE were killed when the 233,949 dwt Norwegian oil tanker Happy Traveller caught fire off Singapore yeeterday morning, the tanker's commercial manager said. At press-time, the fire, caused by an explosion, had been put out and the unladen vessel had taken
      Reuter  -  153 words
    • Article
      China to open 12 new ports to foreigners
      243 25 CHINA WILL open 12 new ports to foreigners in a major government endeavour to attract foreign investment and facilitate the import and export trade, a senior government official said. Speaking at a national conference on ports, Mr Ye Qing, vice-minister of the
      243 words
    • Article
      Index to advertisers
      1211 25 Fog* Column AtC Co thawm 1 A<c<M SA«« Tm J-J AJbM'OI Sm A.r Smu 5 AJVM C Toppto FowWm 5 AtwM Up> Mima i AfC to Sm 5 ah is AIS Nxw I •MM IM I'Inw < 5 A#row lawi f*AP 5 A SO F*OM 1 AM*
      1,211 words
    • Article
      Lock icon Penang willing to help barge operators on Langkawi route
      291 25 Bernama THE PENANG Port Commission (PPC) is willing to help barge operators who are keen to transport cargo from Pulau Pinang to Langkawi as part of efforts to help develop the port. Its chairman, Syed Mohamad Aidid Syed Murtaza, said that
      Bernama  -  291 words
    • Article
      Briefing session on FEFC's new tariff structure expected to be hot affair
      361 25  -  By OTHMAN ABU BAKAR THE BRIEFING session on the Far Eastern Freight Conference (FEFC)'s new tariff structure for shippers in the northern region on Monday is expected to be a hot affair. According to a Malaysian National Shippers
      361 words
    • Article
      Neptank takes delivery of new bunker tanker
      220 25  -  By RAHITA ELIAS NEPTANK Bunkering Services yesterday took delivery of a 4,000-dwt bunker tanker from Iqpal shipyard Preeident Marine. The newbuilding Marine Pride, coating over $6 million, waa contracted laat year by Far East Bunkering Servicea, a joint venture between Neptank and International
      220 words
    • Article
      Lock icon APL's intermodal role in Thailand
      1163 26 The Nation TOM L OLSEN, the newlyappointed country manager Thailand of American President Lines Ltd, finds his job there very exciting and challenging, partly because Bangkok is unpredictable. That is his impression after spending four years with the company in Tokyo. He was assigned to
      The Nation  -  1,163 words
    • Article
      Bunker market report
      530 26 Density Water Carbon Aah 4 JumMum ,fT KQ/M*3 V/V M/M M/M mi M/M Spec E25 901 1.0 15.0 0.10 SO0.10* Spec Q36 901 1.0 18.0 0.15 SO' 0.10* 100 Ave 980 0.3 12.7 0.04 8 0.02 180 Max 997 4.4 17.6 0.14 139 0.10 No above E2S
      530 words
    • Ships in Port
      • Article
        SINGAPORE
        1596 26 AT CONVENTIONAL WHARVES u Bro#ogi I 10/90 M3A atoogwto 1403/2300 Viml VoyNo BorthArrival Departure cm tw* o*no mic oio«g«>. uob/otoo BohmMO* *****0 MIC 1400/0900 1403/2300 Bokm Soyoog *****0 M4A It00/ 0900 1403/ 2300 W, Brm AM 9006 MM 1503/ 1900 1603/ 1500 Ejic Qloo |4m m GW ftpo* 005
        1,596 words
      • Article
        MALAYSIA
        303 26 Port Kolang South Port Rich Work! berth 2; Alam Amtn berth 3; Pel ego Iso berth 4; Sevan* Satu berth 5; Thaiyang berth 7A; Stolt Cedar Wood Shell jetty; Perkaaa berth 8; Unimodest berth 9; Anaos H and MaersK Farco berth 10 North Port Taipan berth 11; Kobe berth
        303 words
      • Article
        Shipping diary
        135 26 Feb 6-Apr 20 SFFA Standard Trading Condition* givee an ovorall perepooßvo of tttaaa conditions, conductod by tho Singapore Frolght Forwarder* AeeoclatJon. Tha Managar, SFFA, 7500 A Boach Road, #13-314 Tha Plaza, tel no 2964*45 Fab 7-Jun 6 Soa Transport covers tranaport geography, llnor and tramp shipping, conducted by
        135 words
    • Article
      London Freights
      959 27 CHARTERING rates for grain out of th« US Qulf remained stable on Wednesday, although other areas showed a slightly softer tendency, brokers said. Grain from the Mississippi to Holland was fixed at U5514.60, up from U5514.25 recently. The BFI sub-index for this route was raised marginally to U5514.56
      959 words
    • Article
      SHIPPING LISTS where your ships are due...and when
      11903 32 North Saa. Noraala/SaaLand. March 17. Ming Promlnanca. Yang Ming Una. March It LJ Bontang. o|aaagatri. March IUI B Parmai. ScanOulch. March It. Evar Group. Evargraan. March 21 Banaldar. Trlot. March 21(PK). Kamakura. Trlot. March 22 Lalaa Maarak. Maarsk Una. March 22 Villa
      11,903 words
    • Article, Illustration
      Indonesia opens more port facilities
      495 40 INDONESIA has collectively opened several container terminals, navigational aids and sea telecommunication facilities in provinces throughout the country plus 10 berths in Maluku. The Jakarta Post reports thst the newly-inaugurated facilities include, among other things, a container terminal at Tanjung Priok port in Jakarta, a
      495 words
    • Article
      Lock icon Sea Containers cancels contract with Itel
      217 40 Reuter SEA CONTAINERS LTD said It agreed with Itel Corp to terminate the contract under which Itel would have bought Sea Containers' tank container business. The company said it has accepted a higher offer from Tiphook pic for thoee aaaets. Sea Containers will pay
      Reuter  -  217 words
    • Article
      Lock icon Venezuela makes offer to striking longshoremen
      195 40 Reuter THE VENEZUELAN government has offered to pay about half the back pay due to longshoremen to end a three-day-old strike that has paralysed eight of the nation's main ports, a senior labour leader said on Wednesday. Transportation and Communications Minister German Lai ret
      Reuter  -  195 words
    • Article
      Lock icon US mine sweepers leave Gulf
      113 40 AP THE THREE LAST US mine sweepers operating in the Gulf since the height of the Iraq-Iran war were pulled out this week because of a reduced mine threat, US naval sources said on Wednesday. The USS Enhance, USS Esteem and USS Conqueet headed for
      AP  -  113 words
    • Article
      Lock icon Moscow lacks transport for French wheat purchases
      95 40 AFP FRANCE could be left with a million tonnes of wheat on its hands after sailing it to Moscow bscauae tha Soviet Union is having trouble providing ships to traneport the grain, an official aaid in Paria on Wedneeday. France aold the Soviet
      AFP  -  95 words
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      45 25 How to look after STP DitUllmlon bookshops Mi ncws-sUu%ds wr> *A Lines and services represented by A Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising and circulation anqulrlss, plsass call Business Tlmss, Tal: *****11, Fax: 253-2821/253-1196, Tlx: ***** BTAD
      45 words
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      Page 25 Advertisements Column 2
      228 25 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU HETTE RIIS 01 20/3 26/3 INGER RIIS 01 25/3 1/4 CALL: *****71 (Set Pag* 13 Column 4). SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! j Subscription rates: SINGAPORE BUSINESS 1 2 issues of Singapore Business
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      Page 25 Advertisements Column 3
      126 25 INSIDE APL in Thailand TOM L OLSEN, the newly-appointed country manager in Thailand of American Preaident Linea Ltd, finda hia job there very exciting and challenging, partly becauee Bangkok ia unpredictable. Page Two Indonesian port facilities INDONESIA haa collectively opened several container terminate, navigational aida and sea telecommunication facilitiee in
      126 words
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      114 26 NOTICE M.V. "Regent Kapuas" Voy. 16 arrived Singapore 9.03.1990 consignees of all damaged cargoes ex the captioned vessel Is hereby noUfled that a general survey will be held on the 19th March 1990 (Monday) at Keppel Wharves Kl9 from 0900 hours 1200 hours. No further survey will be entertained thereafter.
      114 words
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      Page 26 Advertisements Column 2
      89 26 Contact telephone numbers (Tanjong Pagar Terminal) Section 1 Section 2 Section 3 Berth telephone Berth telephone Berth telephone CI *****20/*****92 C 4 *****24 C 8 *****63 CIN —*****20 C 5 *****43/*****45 C 9 *****84 CIS —*****92 CSN *****43 CIO *****70 C 2 *****51/*****53 OSS *****45 C 12—*****54/*****42 C2N —*****53 C
      89 words
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      2167 27 %lllf# 200 Cantonrant Road #12-05 Southpomt. Sif>ppore 02tt All IF# TM *****11 TELEX NO RS ***** WCTRIW TERMINAL/CFS Tel *****18 220 Jm p fiAAAfI BOOKINGS T«I *****34 235 A PESAKA JARDINE SHIPPING AGENCIES SOW. BHD PORT KELANG TEL: *****18 TELEX NO M^77 MM9NI PENANG TEL *****4 TELEX NO MA***** CFS
      2,167 words
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      Page 27 Advertisements Column 2
      2317 27 VMM) Voy ETA I ETD "Port 'Panang 1 DESTINATIONS T Singapore K«4«ng TMi *m* MckMxay M 90CX fm* by CY KMt 0400 HM M Farae 4 HHI "R^" CPS irao I*oo HU M Tauro OAK LOB MOO MEM ATL MIA CHS BAL PFC WYC MON TOP MCKINNEY M 9004 20/3
      2,317 words
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      Page 28 Advertisements Column 1
      1186 28 I C ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BEN ALDER 94/534 2V3 23/3 KV4 12/4 14/4 15/4 17/4 KURAMA 04/533 22/3 16/4 10/4 12/4 9/4 5/4 BENAVON 93/53/ 28/3 30/3 17/4 19/4 21/4 22/4 24/4 TOKIO EXPRESS 92/536 29/3 23/4 17/4 19/4 1«/4
      1,186 words
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      Page 28 Advertisements Column 2
      646 28 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT BANGLAR MOOKH 23/3 3/4 6/4 13/4 19/4 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO BANGLAR MOOKH 23/3 3/4 6/4 13/4 19/4 Agents: fflsjHQ/ifll SINGAPORE: *****00 S BOOKINGS: *****08 NORTHBOUND TO UKC S PORE ROM/A DAH HOC HULL(U.K) IVY BANK V.2BN 19/3
      646 words
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      Page 28 Advertisements Column 3
      1286 28 RS mmmAmxA sjsw* j REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALC BCL FEL HAM BRE ROT ANT LMA (VIA (VIA (VIA -c ALG) NAM) ROT) NORTH SEA 002W 16/03 20/03 02/04 07/04 09/04 12/04 14/04 15/04 1804 1704 18/04 NORASIA SINGA 9003-3 23/03 27/03
      1,286 words
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      Page 29 Advertisements Column 1
      1493 29 £jg Steamers Maritime Holdings Ltd y P/frA Ji W STRAITS SHIPPING I 8& Containers Sport F W*7" Skw H kMrt rHeves itm Lek ACCEPTS OUI SAILS hnalocr nm nm vw UN w iw w cargo mum am UimWi Um «*4 I*< KRIS MELELA VWt Hun, KK. Stun In ft 17
      1,493 words
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      Page 29 Advertisements Column 2
      1675 29 li?^EiniTflTTfn TO: EUROPE TO: FAR EAST Sl> LM lON NAN BRE FIX SPORE HK KAO BU HANJIN FELIXSTOWE 001* 17/3 4/4 V* 0/4 M W CHOYANC SUCCESS 007E 20/3 20/3 30/3 31/3 CHOYANC PARK 007W 20/3 13/4 14/4 I*4 17/4 10/4 HANJIN TONGHAE 072E 2»/3 1/4 V* M HANJIN OAKLAND
      1,675 words
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      Page 29 Advertisements Column 3
      356 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS "j VESSEL CEDAR ASIAN SEKI TREE STAR MATSUYAMA VOY NO 5 111 VC Spore InPt 19/3 27/3 P. Kelang 20/3 22/3 30/3 Penang Hong Kong Yokohama 1/4 10/4 Nagoya 6/4 1/4 Ouka 6/4 Senboku 4/4 Kashima Funabashi •For Discharging Only NOTE:
      356 words
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      579 30 (UiIWaiMMESM IRANIAN SERVICE Singapore Loading forIRAN TEYFOURI 27/3 Band* Abbas IRAN SO KAN 20/3 Bands Abbas (Nrtsm um of Mtifca) U.S. WEST COAST/MEXICO/CENTRAL AMI»ICA CQNT/UNER SERVICE *> HKC LB ENStNAO* L.CAADCNAS S.CMJZ ItAUANILLO •ONTtMEY V-« 20(3 12/3 14/3 110 200 2U4 fOCuCA *10 3*3 Ol* 24/4 2*4 30/4 2j5 HITAL
      579 words
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      Page 30 Advertisements Column 2
      794 30 (?\HANJIN SHIPPING FULL CONTAINER SERVICE HANJIN FELIXSTOWE 001W PiTT] "jjT "JyT* vT" m S S SSiS 2! £1 CHOYANC PARK WW 24/3 11/4 ]2fi \3fi I*4 16,4 wE 2 SJ 2! HANJIN OAKLAND 007* 31/3 11/4 19/4 M 221* 231* Wl N NMAMC MM V* m CHOYANC SUCCESS 0«W 7/4
      794 words
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      Page 30 Advertisements Column 3
      1357 30 'ijMgrii fi—j -1 cT^T33^lßfc IPKI HKC US KLG PUS inOSIITOMIIWMIWW EVU GUARD h«PI2*3 22/3 23/3 2*3 2*33*3 2/4 W V? *5 Ufl i*s ,J?- B" ever giant jw zw vn mp wp 2/4 4/4*4W4«si*iMg{7ggWi*B CVU GENTRY 2*3 W 3/4 fi M *< 11K 1W n< llfl W ffl W W
      1,357 words
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      Page 31 Advertisements Column 1
      1326 31 ~Si&Pff PACIFIC INTERNATIONAL LINES (PTE) LTD »y J PIL Building, HO Cecil Street HOMO, Singapore 0106. TjAKXR-fA I I BANGKOK I VESSEL VOY SIN J'KT SIN VtlttL VOV SIN J« «•> UCLTA MAS 146S 17/3 1M 24/3 PCQASUS PROGRESS MSN 17It 20« M/ 3 HOT* MELATI 0288 18/3 21/3 24/3
      1,326 words
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      Page 31 Advertisements Column 2
      705 31 EXPRESS CONTAINER SERVICE TO UK/CONTINENT V n ITOH NAM I MAVtN (DAM MAVM •<»*> an on www I*4 un Km op w w 12* w I*4 WW IM IW tb* w w T«to (jprau am a* w iik ma* T«*» by *4 M 24/4 27/4 2*4 W 2*4 HMterf lm*m
      705 words
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      Page 31 Advertisements Column 3
      512 31 A Joint Europe Service Of: r.T. BtfictfTA lira r.T. ksihu urn P.T. IMMEU MMNESM F T. TRIKQJIA LLOYO CM NBR 11******000-0 EXPRESS SEMI-CONTAINERSNIP SERVICE VSI/VOY S'PORE R'OAM H'BURC BREMEN ANTWERP ADAM L i BONTANG/2SWB 11-22/3 21/4 24/4 17M 21/4 KUTAI/1W( 2/ »3 JM4 4/5 7/5 10 5 S. PAMJANG/2MM 4-4*4
      512 words
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      Page 31 Advertisements Column 4
      521 31 HWbWAI■ I H a B IBiHl■g A# M w «< >1 M MYANMA pHt FIVE STAR UNE (Burmese National Line) Loading for Yangon (Rangoon) S pore P.Kelang Penang Bangkok HPAAN/VI47W 13/15 MM PAGAN V/ISJW 13/15 MAR I MERCUI VIM 19/24 MAR PA THE IN VfUM 24/31 MAR \g» THI BANK
      521 words
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      322 32 j [WEEKLY STRAITS/MADRAS CONTAINER SERVICE /[MO/ I DAILY lcl receiving at own cfs I PENANC VESSEL I P.KELANG SPORE I MADRAS (FEEOER) LEUVE 9120 Sid 23/3 /M Ami IMF SLD MELITA V 9006 23/3 24/3 30/3 MAIULINfc 23/3 LEUVE 9121 29/3 3/4 23/3 BOOKING: MACOLIWE S PORE *****11 PK (03)
      322 words
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      Page 32 Advertisements Column 2
      325 32 /^HYUNDAI MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW sin hkg iw w stA FROM PSW lbh oak sea hkc six HYUNOAI CHALLENGER it IMB W W LALANOIA M 1W 5E HS 5S HYUNDAI INNOVATOR 31E Dfl !W W< P W HYUNOAI CHALLENGER 31W WW OIAB
      325 words
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      Page 32 Advertisements Column 3
      62 32 SOUTHBOUND KSSII VOY OSA NGO YON HK6 [SIN If DM 6£T NAPITAN BABIYWSWY 11 2MB 2MB 27/03 0J» «04 1619/04 20/04 KAPITAN SILIU 11 17# 14/4 U/4 22/4 127/4 54/S 9/S NORTHBOUND VtSSU VOY f«M (TON |SPO« IHKG OSA MAC YON KAWAN BABIYtVSKIY 10 04 OMBOMD IMB 21/03 2*03 2MB
      62 words
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      Page 32 Advertisements Column 4
      98 32 CROWN <& PACIFIC FREIGHT PTE LTD LCL CONSOLIDATION SERVICE USA ETD SIN SEATTLE 23/3 PORTLAND 23/3 SAN FRANCISCO 23/3 LOS ANGELES 23/3 SAN DIEGO 23/3 OTHER 23/3 24/3 HAMBURG 24/3 BREMEN 24/3 LE HAVRE 24/3 ANTWERP 24/3 FELIXSTOWE 24/3 OTHER 24/3 CCNI# Compartla ChiJena de Navegaoon Inirrucvanica S.A. TO SOUTH
      98 words
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      852 33 iimk m: I.tii Biweekly fcl/lcl to: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —25/3 TOKYO —22/3 LE HAVRE —26/3 LAUTOKA —30/3 KEELUNG —25/3 YOKOHAMA —22/3 ROTTERDAM —26/3 SUVA —30/3 MANILA —23/3 KOBE —22/3 UK PORTS —26/3 BANGKOK —22/3 AUSTRALIA HAMBURG 26/3 BUSAN —22/3 GOTHENBURG —26/3 HONGKONG -22/3 Y URNE r
      852 words
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      Page 33 Advertisements Column 2
      680 33 Nedlloyd WE GIVE YOU THE WORLD kwWl Nedlloyd Lines SkWjw/ SuJkt 7% W s£ FijltA) Vjuru Lyttenocß&k-. B Napier Tauranga N RosarioSOM SW l?/3 14/3 14/3 In* 21/3 3/4 I<W VJ ®JJ Zj N Rouen/9005 28/3 31/3 2S/3 21/3 30/3 4/4 17/4 24/4 W» W 21 W W «ft N
      680 words
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      1095 34 ESSSH VOY 'INDO 'PK/PNG [SGP LB CHLS NFK NYC HFX NEPTUNE GARNET 25 18/3 20/3 22/3 14/4 24/4 26/4 21/4 2/5 OOCL FAIR 26/3 27/3 29/3 21/4 1/5 3/5 5/5 9/5 RAINBOW BRIDGE 23 2/4 3/4 5/4 2S/4 1/5 10/5 12/5 16/5 OOCI FREEDOM 9/4 10/4 12/4 5/5 22/5 24/5
      1,095 words
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      Page 34 Advertisements Column 2
      1664 34 IETD SIN (1 DAY) *(10AY) f(IDAY) BOOKING CONTACT fc |—a| pnPT Mr BAWGKOK VICTOR TWICE/WKLY ETD SIN OOAYS) (2 DAYS) (1 DAY) BOOjON^ONTACT 18/03/90 NAnucnHr. KEELUNC JOYCE/JUDY TWICE/WKLY ETD SIN (6 DAYS) *<1 DAY) H DAYS) WOMjOOOirMCT I H BUSAN MANILA NAGOYA SERENE/SITI "®BbSL TWICE/WKLY ETD SIN '8 DAYS) (2
      1,664 words
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      1501 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings UK/EUROPE *****19, AUST/INDIA/PAK *****18 a B USA *****16, FAR EAST *****48 Documentation: *****44/*****14 fW Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 mK EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru *****3, *****4 PEN PUG Stir MOTHK* VSL/VOY SGP
      1,501 words
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      Page 35 Advertisements Column 2
      1119 35 SINSQV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** POMS P. MUM MESSRS NAI THONG SHIFTING 127 NMISM, Nhml Milpi I *S NANOUNG SYSTEM CO SM.
      1,119 words
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      Page 35 Advertisements Column 3
      148 35 PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA ft MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANG SHALAMAR 13-15/4/90 INDONESIA ft MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA ft JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 2-6/4 6-8/4 9-10/4 INDONESIA COLOMBO KARACHI
      148 words
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      733 36 JjgDSR-UMUsjfe DSR LINES VEB DEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN ICA ANT RDM HBG RST ARNSTADT 1/9B 1«3 lW 10/N 12/N 14/N h. cEGiasxi m wn 07/ m im* «/04 11/04 mm I. THAELMANN 2flo 04/04 11/04 27f14 27/04
      733 words
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      Page 36 Advertisements Column 2
      1154 36 UKC COWVPfnOHAL —VKI V«ml P KLC PMC PC Loading tor PINS AN CHENG 25/2 RottordaavAntwarp HANCHUAN 2/1 RottwdaM/Aateorv CHINA not COWTAWn BBYKI Vooaal PKLG PNC SPORE BKK HKC SHAI Q'OAO VANG FANG KOU V *****/2 25/2 3/3 1/3- 14/3 WEI HE 20/2 22/2 26/2 5/3 1/3 Accoplinf FCI Carfo for
      1,154 words
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      Page 36 Advertisements Column 3
      243 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADIN6 FOR DELI INDAH 22.3.90 23.3.90 PANJANG/PK BALAM NAGA JAVA 20 3.90 21.3.90 PAN JANG LAMPUNG JAYA 113.90 19.3.90 SEMARANG/PAN JAN 6 PINANG JAYA 18.3.90 20.3.90 PANJANG/PK BALAM PERITA JAYA 20.3.90 22.3.90 PANJAN6/JAKARTA ABADI JAYA 18.3.90
      243 words
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      Page 36 Advertisements Column 4
      530 36 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES IAFQHANISTAN Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :20/03, 22/03, 29/03, 8/4, 13/4 ■EUROPE I To all inland points: VIA VOSTOCHNY Poland, Bulgaria, Czech,
      530 words
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      Page 36 Advertisements Column 5
      468 36 ASEAN PORTS ■^vvvv^jfi^VVHHiHppniPlpnßßViMSPHHH Hgow Hoc* Agency Co Ltd BKK fTel: *****80) nam [wr wwom I PITA BHUM am In ft IV3 Sur_ 11/3 JCWLIWK 14tW Fri tf/3 Mow IX3 otJA bhum mm $m vtp tip sim bhum *m m* tip m up MCKHAWIK KUMKO MS W* 21/3 Sst MP VIBA
      468 words
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      1117 37 VESSEL VOY SINGAPORE KHF/OUBAI JEDDAHB 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 IA) INDIAN PORTS I I MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY ■B) ARABIAN GULF PORTS SHARJAH; DUBAI; BAHRAIN; DAMMAM; KUWAIT; MUSCAT
      1,117 words
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      Page 37 Advertisements Column 2
      220 37 I vessel TvoT Fa loaono fem SPO«E I ammnet Tgwra IVO4 DARE3SALAAM MOMBASA DJWOWTI NDtNET ASSAB MA33AWA HOOCIOAH I array WOnT 24W8 755 OAHESaAIAAM. MOMBASA. DJIBOUTI ABBAY wONx ASSAB MABSAWA. HOOEIOAH B WEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel
      220 words
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      Page 37 Advertisements Column 3
      589 37 te|_P.T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPSRE, INDONESIA, MALAYSIA 4 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG i AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: 222Q255 HHQAHHH INOONMHA tWIVICB VSL VOY SIN JKT PAJ SIN
      589 words
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      Page 37 Advertisements Column 4
      669 37 I BAY OF BENGAL SERVICES MADRAS CALCUTTA rami ni «w BETTE RIIS 01N* 20/3 10 ■ETTE RIIS 02W0 10 H* 13/4 ■ETTE RIIS 03l«0 130 IJO 250 MEETE RIIS BMBO 25/4 31/4 W VESSELS VOY SIN CCU SIN INGER RIIS 01N*) 25(3 10 1/4 INGER RIIS 02N» 10 150 220
      669 words
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      Page 37 Advertisements Column 5
      350 37 TO AUSTRALIA/NEW ZEALAND yn. |w»»».|rr«—mßhN. kfm f*** i huok m va 55 aa v* w •Mjsta m 1m aH Si 5» w c vaaun m »H w uff uft *W JSnSSS w~ m uS 55 vn \n Ift DATS TO STDNET! TO USA/CANADA I wl |ti»p»w j». onwi |a»nf I**""
      350 words
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      677 38 compania peruana DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FRW CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnang* P. Kelang Singapore JOHNEVERETT INPT/16 Mar Gdn.Kl9/lS Mar MURRAYEVERETT 31/2 Apr 3/5 Apr KAMALEVERETT 20/22 Apr *O£Y"EVERETT ORIENT LINE" XUzA JAPAN/BAY OF
      677 words
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      Page 38 Advertisements Column 2
      608 38 Wett CoMt. Caribbean, Eaet Canada. HAITI. Guatemala and Hewdurat VSL Ii'PORE MAINLINER [LAX EST jSAV |NYC Mrri ZIM OSAKA 22/3 ZM SAVANNAH 11/4 2%4 175 I J/S 2IM TRIESTE 17/3 ZIM HONGKONC 2M Ifi 10ft 02ft 14ft A VESSEL »3 ZIM HONGKONG 21/4 7ft lift gft 14ft A. VESSEL 1/4
      608 words
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      Page 38 Advertisements Column 3
      749 38 WSING KWANG HANG woman nuuwowTAnow (FT*) LTD !WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENWEL 14/3 17/3 JENHOL 18/3 21/3 1 VESSEL SPORE BANGKOK A VESSEL 17/3 27/2 I A VESSEL 124 3 6. 2 OEBTMATIONS ETA SINGAPORE PORT KELANG 16 MAR MANILA 14 MAR HONG KONG. ALL CHINA PORTS
      749 words
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      Page 38 Advertisements Column 4
      504 38 A PERINTIS LINE 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 05 In Pt
      504 words
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      Page 38 Advertisements Column 5
      397 38 II FAIEAIT 25/3 KEELUNG/KAOHSIUN6 23/3 BANGKOK 23/3 MANILA 24/3 JAKARTA 23/3 PORT KELANG/PENANG 21/3 busan 24/3 TOKYO/YOKO/KOBE 26/3 HONG KONG also accepting cargo to Hja ngpu Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EIMPC/VK 24/3 LDN/FLX/LVP/SOU 24/3 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SIN im/MMii* W T t 22/3 LA./NYC/SFO 22/3 VANCOUVER/TORONTO/MONTREAL:
      397 words
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      Page 39 Advertisements Column 1
      342 39 THE NATIONAL SHtPPWO COMRWY OF SAVOI ARABiA REGULAR RO-RO SERVICE TO MIDDLE EAST VESSEL SINGAPORE P KELANC DAMMAM DUBAI JEDDAH SAUDI ABHA VOY 046 29 MAR 31 MA* 09 APR 12 APR M APR SAUDI TABUK VOY o<l 20 APR 22 APR 01 MAY 04 MAY 10 MAY SAUDI HOfUf
      342 words
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      Page 39 Advertisements Column 2
      137 39 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VE9SEL/VOY BPOfll SURABAYA JAKARTA PERMAI I 0031-031 17/3 20/3 22/3 PERM AI 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 TBN
      137 words
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      423 39 VSL DESTINATION ETA SIN JEM. INK I*N BANGKOK li/3 OCJA BHUM OtM BANGKOK 1 J/3 SIRI BHUM MM BANGKOK 71 3 JENLINK 147N BANGKOK 22/3 SO ASIA 11* CEBU. MANILA IN FT AKA BHUM 12S CEBU, MANILA Z3/3 INFINITY CHITTAGONG, MONGLA 2t/3 0 STRENGTH 21A KARACHI, BOMBAY 17/3 KITI BHUM
      423 words
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      Page 39 Advertisements Column 4
      457 39 JE& OCERnSEMCE A| SERVICE TO/F Qf/2 KL: allied-LINK SINGAPORE: /^v\ 03-*****59 778 5522(22 lines) SEHX w «_MOw kaIWaMKM u. MHO). >s^o' $mmir a <>] Cargo boofciogs T«t *****8 (5 LINES) A I ItBN MID MAR Hongkong, Shanghai, Busan I FROM ALL UNITED KINGOOBI CITIES/PORTS FROM COPENHAGEN/AARHUS FROM HAMBURG/BREMEN FROM BUSAN
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      Page 39 Advertisements Column 5
      241 39 IVf MO. «N m. DON MY lALS ENOEAVOUR VOYOOW 20/03 31/03 06AM ItONOON BRIDGE VOYOSW 07/04 18/04 23AM 2MM lOHFU 16/04 30/04 06/06 VKMCL MY MM PTL MM LONOON BRIOQE VOY36E 11/02 IMS 22/02 04AB OHFU VOY 01E 24/08 26/03 02/03 12/09 ALS PROSPERITY VOYQ2E 10/03 20*03 «o "PCL" lor
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      976 40 UK/CONTINENT ITRIOI Hg^H BENALOCR a/T* aS"" 55" S3r fvT*" 1«" 17/5 «■>'*»■ ««"W. gg m ItU ik w ass: urr—. TO*to EXP*£55 2*3 a* 17ft I*4 I*4 22/4 MEDITERRANEAN (MED CLUB)* JEDDAH sinpport hrwii B ITmillm Qmqi Trttcte SJN JED LLOYOIANA 22/f M 1/4 MM 12/4 17/4 BENALDER 21/3 14
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      Page 40 Advertisements Column 2
      52 40 NEW MONTHLY SERVICE OPERATING DIRECT SAILINGS FROM SINGAPORE AND NONG KONG TO PACIFIC BLANK. u MM™ V.IS SINGAPORE 29/3 APIA (WESTERN SAMOA) 28/4 PAGO PAGO (AMERICAN SAMOA) 30/4 PAPEETE (TAHITI) 4/5 RAROTONGA (COOK ISLANDS) 7/5 NUKUALOFA (TONGA) 12/5 SAVU SAVU (FIJI) 15/5 AGENTS: BEN LINE AGENCIES (S) PTE TEL: *****22
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      Page 40 Advertisements Column 3
      42 40 IFB INTERNATIONAL FREIGHTBRIDGE PTE LTD 70 Shenton Way MarinaHouse#l3-02 Singapore 0207 Tel: *****80(3 lines) Pax: (65) *****96 Tlx: RS ***** OFBSIN VIETNAM to EUROPE We are the Specialists Please call Tel: *****80 for details (Tan Kay Hock/Clara) f foe:/ I y ■Tvr">
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  • Page 40 Miscellaneous
    • Miscellaneous
      Page 40 Miscellaneous Column 1
      141 40 [Regiond Weather SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 0730 HOURS ON MARCH IS. LEGEND: R Thunderstorm Temperature c V Shower Weather Wmd direction with speed m knots Ro,n \aj Cloudy Sky W V h hf Surfoct wind* ore mdicoted by arrows wKicti Hy with the wmd Q One hJ circle
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