The Business Times, 28 March 1990

Microfilm: NL16960
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 170/12/89 Wednesday March 28 1990 75*
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  • BUSINESS TIMES
    • Article
      Taipei travel agents seeking boycott of HK
      52 1 TAIWAN TRAVEL AGENTS are urging a boycott of Hongkong after allegations that immigration authorities in the British colony treated Taiwanese tourists badly. "We are very angry about the humiliation our tourists got in Hongkong," the director of the Taipei Association of Travel Agents
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    • Article
      Housing hassle
      29 1 A SHORTAGE of housing and rising rentals in the prime residential areas have driven multinational corporations to find other ways of housing their expatriate staff. Page 2
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    • Article
      PCB firm seeks buyer
      34 1 WEST GERMAN printed circuit board maker Degussa is looking for a buyer for its Singapore plant as part of a worldwide move to sell off its PCB operations Page 2
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    • Article
      Thai policy rapped
      28 1 A LEADING US senator has criticised Thai support for the Burmese government and urged an end to Thailand's participation in Burmese teak logging. Page 10
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    • Article
      US pessimistic
      39 1 THE US foreign trade deficit is not expected to improve in the next two years to the extent that it did in the past two and it could get worse, according to the Bush administration Page 11
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    • Article
      Merger pact mooted
      34 1 EUROPEAN Commission Vice-President Leon Brittan has proposed that the US and the European Community give serious consideration to an agreement that would cover mergers of American and European companies. Page 11
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    • Article
      Miss Daisy triumphs
      34 1 THE FILM, Driving Miss Daisy, swept the Academy Awards on Monday with four Oscars. Jessica Tandy took the Best Actress award, while Daniel Day-Lewis was voted the best actor Page 17
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    • Article
      Panama stands firm
      22 1 THE PANAMANIAN ship registry has once again affirmed its commitment to "cleaning up our house". Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones down
      26 1 Wall Street stocks opened lower early yesterday, with the Dow Jones industrial average down 3.16 points to 2,704.50 five minutes into the session.
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    • Article
      Footsie down
      36 1 BRITISH shares were sharply lower as the market recoiled under the pressure of a disappointing string of company announcements and dull overseas markets. The FTSE was down 30.9 points at 2267.3 at 1455 GMT.
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    • Article
      Intraco improves
      22 1 INTRACO's after-tax profit jumps by 54 per cent to $13.5 million on a record turnover of $776 million Page 3
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    • Article
      U Engineers on track
      20 1 UNITED ENGINEERS continues on its recovery path by posting a three-fold increase in earnings Page 3
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    • Article
      Astra astounds
      30 1 MARKET favourite PT Astra International, the second largest company in Indonesia, attracts a record-breaking U556.24 billion for its issue of 30 million shares worth US$24O million Page 5
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    • Article
      Morgan clinches deals
      14 1 MORGAN GRENFELL (Asia) clinches NOL and SBS loan mandates Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Chance BT-MGA 796.01 -3.79 Kuala Lumpur .3,119.08 unch Hongkong 3,010.85 -3.17 Tokyo 31,825.96 -14.53 Sydney —1,558.4 -8.6 Moaday Change New York 2,707.66 3.38 London 2,298.2 14.3
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    • Article
      CURRENCIES
      21 1 Each— f rates USS SSI.8825 Yen (100) SSI.1998 MS SS0.6907 Money injfkrt ntts Overnight 6 1/8 3-month 6 5/16% unch
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    • Article
      COMMODITIES
      37 1 London Gold PM fix US$368.00 -US$2.25 RuMbor S'pore April. 153.50Vkg -2 Nrsia April... 226.50*/kg -1 KL Tin Turnover 90 tonnes 64 Spot M$ 17.12/lcg -0.12 Credo point oN futures Turnover 377 lots -135 April M$699/tonne +1
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  • Article
    Singapore Warehouse to become fashion mart
    354 1  -  By Jayaram Menon PARKWAY Holdings and Hwa Hong are expected to spend over $80 million to turn the former Singapore Warehouse complex, which they bought last year for $218 million, into a wholesale fashion market. The wholesale mart, which could start operation next year,
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  • Article, Illustration
    Jade House may be luxury condo site
    501 1  -  By Suzanne Soh JADE HOUSE once the home of Tiger Balm King, the late Aw Boon Haw has fallen to the wrecker's ball. A luxury condominium may be built in its place. The Aw family is said to have struck a deal to
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  • Article
    Lock icon Be good corporate citizens, Dr M tells Taiwan investors
    249 1 AFP MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday told Taiwan businessmen, now the largest investors in Malaysia's manufacturing sector, to behave responsibly and be good corporate citizens. He said the surge in Taiwan's investments had put Taipei's businessmen under
    AFP  -  249 words
  • Article
    Parkway offers bonus despite dull showing
    359 1  -  By Amy Balan PROPERTY DEVELOPER Parkway Holdings is making a two-for-five bonus issue in spite of somewhat subdued results. The bonus issue will be charged to its share premium account, which as at endDecember, stood at $167.97 million. Parkway is also giving shareholders a
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  • Article
    Lock icon Lithuania's SOS
    138 1 Reuter LITHUANIA'S President yesterday appealed to the West for help against Moscow after Soviet paratroopers seized the rebel republic's communist party headquarters and dragged army deserters from a hospital refuge. The military raids at dawn swiftly escalated a war of nerves between Moscow and the breakaway Baltic republic
    Reuter  -  138 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      236 1 The best just keep getting better... and better..." PC MAGAZINE EKE KXS fV»uc«o» brother B8M Business Systems 743-8000 THE GIANT LOSES HIS FOOTING 12 POWERS THAT USED TO BE 13 GREENING UP DOWN UNDER 14 Aircraft Schedule 25 Money Market 23 World Stock Markets 22 Commodities 24 Regional New 10
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      Page 1 Advertisements Column 2
      52 1 OF LONDON i iliiij' I;inri uilH'llf I .ishion W.ik ho I'ockcl I i^htu^ I xccutivc < lit! Si is Ruin Wi lh>ll\ I an for a lw iiilii/twiu Anton Tan Agencies Pte Ltd Tel: 272 1143 Business parks blueprint near completion, Back Pg Party HQ seized, Pg 11 Always A
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        A rise in pensioners' allowance not justified
        88 2 INCREASES in basic living costs since 1986 have not been sufficient to justify another adjustment in pensioners' allowance, Finance Minister Dr Richard Hu told Parliament yesterday. He compared costs of 10 basic food items in 1980 and this year to show that only
        88 words
      • Article
        Health education showcase
        66 2 THE GOVERNMENT is planning to have a permanent health education exhibition hall. According to Acting Health Minister Yeo Cheow Tong, it will be at the new National Institute of Health in the grounds of the Singapore General Hospital and exhibits will be in languages catering to all
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      • Article
        Relieving medical staff shortage
        166 2 MEASURES TAKEN by the government are helping to solve the shortage of staff problem in government hospitals, says Acting Health Minister Yeo Cheow Tong. Increasing the salaries of nurses and health therapists has upped the intake of trainees from 550 a year before 1988 to 740
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      • Article
        Role of Health Ministry
        56 2 THE ROLE of the Health Ministry after the restructuring of government hospitals will be in the primary health care areas of prevention and promotion. The ministry will also monitor and coordinate the activities of these restructured hospitals, Acting Health Minister Yeo Cheow Tong told Parliament in
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      • Article
        Hospice care is for the dedicated
        99 2 HOSPICE CARE is best left to dedicated volunteers. If not property run, they could degenerate into places where families dumped their elderly sick, not unlike the former death houses in Sago Lane, Acting Health Minister Yeo Cheow Tong said in reply to non-constituency member
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      • Article
        Esso adjusts pump prices
        97 2 ESSO HAS ADJUSTED petrol prices at its pump, a day after Shell. While other oil companies have not made any announcement, it is likely that all will follow soon. From last night, Esso raised the prices of its Supreme to $1,123 per litre, same as Shell
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      • Article
        NPB to share experience
        93 2 THE National Productivity Board will share its experience in absorbing and adapting Japanese productivity expertise with public and private sector organisations from Asean. The programme, known as Japan Asean Regional Training Programme, started yesterday and will last till May 26. It hopes to share the knowledge
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    • Article
      Big rise in building equipment spending
      170 2 THE construction boom has spurred more investments in equipment. The Construction Industry Development Board's (CIDB) Investment Allowance Scheme showed a fourfold increase to $9.7 million in approved investments last year, its steepest rise since it was launched in 1983. Alfred Hong, a CIDB board
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    • Article, Illustration
      Lock icon Expatriate housing costs up 50 per cent in 18 months
      437 2  -  By Lilian Ang DRIVEN BY A tight supply of residential developments in the prime areas, housing costs for expatriates have gone up by 40 per cent to 50 per cent in the last one-and-a-half years. The higher rentals, most pronounced
      Source: Richard Ellis  -  437 words
    • Article, Illustration
      Privatise TV to pave way for satellite broadcasts: Boon Heng
      398 2 SATELLITE television, which is a formal means of broadcasting in some countries, should be brought to Singapore, says labour leader and member of parliament Mr Lim Boon Heng. The way to do this is to privatise television broadcasting so that
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    • Article
      Degussa puts S'pore plant up for sale
      364 2  -  By Jeffrey Tsang WEST GERMAN printed circuit board maker Degussa is looking for a buyer for its r V Singapore plant as part of a worldwide move to sell off its PCB operations. The company could not > have picked a better time."
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    • Article, Illustration
      NUS to govern university hospital
      424 2 TO PROMOTE the National University Hospital (NUH) as a principal teaching institution and a centre for medical excellence, the governance of the hospital will be transferred to the National University of Singapore. Acting Health Minister Yeo Cheow Tong, who disclosed this, said the recommendation was
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY 1
      275 3 Other Micas Close Previous Net change Mar 27 Mar 26 BT Composite 1378.50 1380.14 -1.64 BT-MGA 796.01 799.80 -3.79 ST Industrials 1607.12 1604.08 +3.04 BT OB/OS +129 +110 +19 BTCADI -5319 -5283 -36 BT 10-day MA -5370 -5382 +12 BTOKV +*****78 +*****83 -***** ST Finance 2641.28 2635.58
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    • COMPANY BRIEFS
      • Article
        Tong Meng's profits up 10pc
        84 3 TONG MENG INDUSTRIES yesterday announced a 10 per cent increase in group after-tax profits to $609,000 on the back of a 4 per cent rise in turnover to $5.93 million for the year ended Dec 31, 1989. Extraordinary profits of $296,000 from the sale of
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      • Article
        Hwa Hong unit sells Sinbor
        75 3 HWA HONG Corporation's wholly-owned subsidiary, Singapore Piling Civil Engineering Pte Ltd, has sold 75 per cent of Sinbor Company (Pte) Ltd, a wholesaler and retailer of household and industrial tiles and renovation contractor, for $3.89 million. The sale is part of the company's plan to
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      • Article
        NOL gives research grants
        70 3 NEPTUNE ORIENT LINES is sponsoring from this year annual research programmes at America's Massachusetts Institute of Technology (MIT) and the National University of Singapore (NUS). NOL will give MIT an annual grant of US$lOO,OOO to do research on operational, management and technological advancement in the freight
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    • Article
      King's to raise $27m from private placement
      173 3 TO RAISE money to upgrade its hotel facilities, King's Hotel Ltd, a member of the diversified Hong Leong group, is making a private placement of 7.64 million new shares at an issue price of $3.60 per share. The company said in an announcement
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    • Article
      Barings foresees 25-30 per cent spurt in Big Four earnings
      646 3  -  MARKET TALK By Catherine Ong SINGAPORE banking shares are expected to outperform the stock market with the Big Four's earnings forecast to grow by 25 to 30 per cent this year and next, Baring Securities says in its latest investment
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    • Article
      Intraco pre-tax profit up 73pc on record turnover
      488 3  -  By Amy Balan FINALLY, a year without nasty surprises from Intraco. Instead, thanks to improved gains from all its sectors and increased petroleum sales, the government-linked trading group has broken both its profit and turnover records. Intraco results released yesterday showed a
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    • Article
      Slight increase in RDC profits
      266 3 RESOURCES Development Corp Ltd has announced a 4 per cent increase in attributable profit to S 1.55 million for the year ended Dec 31, 1989. Turnover inched up 3 per cent to $168.74 million from $164.14 million a year earlier. The company said turnover was
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    • Article
      Lityan Group MDs appointed to Acma board
      190 3 THE LITYAN GROUP has formalised its reverse takeover of Acma Electrical Industries Ltd with the appointment of its two managing directors to Acma's board. In an announcement yesterday, Acma said that Mr Tan Chok Kian had resigned as its chairman and director. Succeeding
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    • Article
      Recovery goes on at United Engineers
      325 3  -  By Magdalene Ng JUST A YEAR after it broke out of the red to record a group after-tax profit of $627,000, United Engineers Ltd yesterday continued on its recovery path by posting a three-fold increase in earnings to $2.52 million for the year ended
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    • Article
      Exclusive deal for Jurong Shipyard
      185 3 JURONG SHIPYARD has signed an exclusive shiprepair agreement with a European chemical carriers operator, the company said yesterday. Under the agreement, shiprepairer and shipbuilder Jurong will repair all tankers belonging to JO Management, an associated company of leading Norwegian shipowner, the JO Odfjdl Group A/S.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      140 3 —————a I i< J Murdo MacSween and his forte, Cuisine y Moderne, are back at Gordon Grill for his 2nd encore! vgjjPP^^ Britain's most decorated chef and TV personality, Murdo returns with new surprises. Asian condiments subtly blended into continental specialities using age-old Chinese cooking methods! For lunch dinner, savour
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      248 4 some out from the moment you buy them. Not a happy prospect when you consider the I makes S uch S Y S F lm incredible sense. 1 They're never outBrown so The etid of the they're never thrown out. A Wearnes 286 computer can become throw-away Or an i486.
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  • REGIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      184 5 HONGKONG Indie** Close Open High Low Volume Change Hang Seng Index 3,010 3,014 3,027 2,999 -4 Hang Seng Spot 3,015 3,025 3,025 3,005 423 +2 Close Previous Net Change Mar 27 Mar 26 Hang Seng Finance 2,054.09 2,062.85 -8.76 Hang Seng Utilities 3,657.21 3,692.57 -35.36 Hang Seng
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    • Article
      Lock icon New Thai laminate plant
      97 5 Reuter ALLIED-SIGNAL INC said it plans to build a manufacturing plant in Thailand to produce copper-clad laminates for circuit boards. Construction will start in September 1990 with commercial production due to begin in early 1992. The new facility, located south of Bangkok in Chonburi, will be
      Reuter  -  97 words
    • Article
      Lock icon MMC records better results
      124 5 AFP MALAYSIA MINING Corp Bhd (MMC), Malaysia's largest mining group, on Monday reported a 69 per cent rise in pre-tax profit to M 5120.5 million for the year ended January 31. MMC made a pre-tax profit of M 571.4 million in the previous financial year. Turnover
      AFP  -  124 words
    • Article
      Lock icon MISC profit up 10pc
      92 5 Reuter MALAYSIAN INTERNATIONAL Shipping Corp Bhd (MISC) said it expected to maintain its profit level in 1990, barring any adverse movement in freight rates, exchange rates and fuel oil prices from their current levels. MISC reported a group pre-tax profit of M 5432.72 million in calendar
      Reuter  -  92 words
    • Article
      Lock icon Cathay Pacific posts 17.6pc rise in net profit
      442 5 Reuter HONGKONG flag carrier Cathay Pacific Airways Ltd belied the pessimists by posting a 17.6 per cent rise in 1989 net profit to HK53.32 billion. The market had forecast a 10 per cent to 20 per cent rise, with the main body
      Reuter  -  442 words
    • Article
      Astra: 26 times oversubscribed
      359 5  -  From William Chia in JAKARTA MARKET favourite PT Astra International, the second largest company in Indonesia, has attracted a recordbreaking U556.24 billion for its issue of 30 million shares worth US$24O million. This works out to an oversubscription of 26 times. Although some issues on the
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    • Article
      Lock icon Perth 'no' to sale of Genting's casino
      137 5 AFP THE Western Australian government has blocked the proposed sale of Perth's Burs wood Casino to overseas interests, State Premier Carmen Lawrence said on Monday. The Japanese-owned Victoria Co had offered AS 500 million for the Burswood Property Trust, which owns the casino
      AFP  -  137 words
    • Article
      Lock icon Cheung Kong forecasts differ
      285 5 Reuter STOCK MARKET analysts are divided in their forecasts for property management and investment company Cheung Kong (Holdings) Ltd, and estimates for growth in net profit range from 10 to 30 per cent. Analysts' expectations for 1989 net profit mostly ranged between HKS2.6 billion and HK$2.B
      Reuter  -  285 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      293 5 "The Night I Discovered How Quickly A Manager's Credit Limit Could Be Eaten Up By An Emperor's Banquet." In today's business world, we know that charging leave your personal credit card feeling as poor as a paupei. a business expense to ones personal credit card Alter all, the DBS Corporate
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  • INTERNATIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 3
      74 6 NEW YORK M«26 Mfett Close Previous Net Chaafe Dow Jones 2707.66 2704.28 3.38 NYSE Financial 140.39 140.17 +0.22 Standard A Poor** 300 337.63 337.22 +0.41 Turnover (million) 116 132 -16 LONDON Financial Times 30 1,813.5 1,796.1 +17.4 FTSE 100 2,298.2 2,283.9 +14.3 Turnover (million) unav 440.5 FRANKFURT
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    • COMPANY BRIEFS
      • Article
        Goldman leads underwriters
        65 6 GOLDMAN, Sachs and Co ranked number one among the top ten corporate equity underwriters of initial public offerings for the first quarter of 1990, according to a preliminary report produced by IDD Information Services. According to the report, Goldman, Sachs underwrote U*****.6 million, or 24.2 per cent,
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      • Article
        Offer to buy Hay Group
        119 6 FRENCH GROUP Bernard Krief Consultants has offered to buy the US-based Hay Group, a subsidiary of troubled British advertising group Saatchi and Saatchi, for US$l2O million. Hay Group specialises in management consultancy and is Saatchi's leading company in this sector. Bernard Krief, which specialises in
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      • Article
        BAT sells US furniture unit
        85 6 BAT INDUSTRIES pic has agreed to sell its John Breuner Co furniture retail business in the United States to Prism Capital Corp of New York for U5592.5 million in cash. California-based Breuner owns and operates 18 stores in Northern California, Arizona and Nevada and is
        85 words
      • Article
        Degussa reaches out
        88 6 WEST GERMAN precious metals and chemicals group Degussa AG has signed a letter of intent to cooperate with East German firm VEB-Kombinat Haertol. The agreement is seen as the precursor to setting up a joint venture firm, Degussa said, adding that the two companies have had close
        88 words
    • Article
      Lock icon Avon to take in Chartwell directors
      447 6 NYT AVON PRODUCTS Inc agreed on Monday to include two directors nominated by Chartwell Associates LP on its board, ending the threat of a proxy fight by the investor group. Chartwell Associates whose investors include Mary Kay Corp, the parent of the Dallas-based cosmetics
      NYT  -  447 words
    • Article
      Lock icon Gillette settles Wilkinson Sword anti-trust case
      404 6 NYT GILLETTE CO and the US Justice Department announced an agreement on Monday to settle an antitrust lawsuit in which the department had challenged Gillette's purchase of a significant portion of Wilkinson Sword Inc. The proposed settlement would bar Gillette from purchasing the US
      NYT  -  404 words
    • Article
      Lock icon Belgian airline alleges foul play
      241 6 AFP BELGIAN independent airline Trans European Airways (TEA) has filed a complaint with the EC and the Brussels commercial court that a joint subsidiary set up by Sabena, British Airways and KLM infringes rules on monopolies. The Belgian charter airline says that an agreement between
      AFP  -  241 words
    • Article
      Lock icon Proposed Renault alliance unsettles Volvo shareholders
      509 6 AP ONE MONTH after the announcement of a planned link-up between Volvo AB of Sweden and Renault of France, a large number of major Volvo shareholders are unconvinced that the deal is a good one, and opposition is expected at a stockholders meeting scheduled
      AP  -  509 words
    • Article, Illustration
      Lock icon Meissen hopes to stay public
      393 6 AFP DESPITE a wave of expec4od privatisations in East (farmany, Meissen, Europe's oldest porcelain manufacturer, is determined to remain a state enterprise. In the town of Meissen, a provincial town on the banks of the Elbe just 40 km from where two-thirds of the population
      AFP  -  393 words
    • Article
      Lock icon Fuji plans videotape factory in the US
      211 6 NYT FUJI PHOTO Film Co, Japan's largest manufacturer of photo-sensitive materials, will build its first videotape factory in the United States. The new factory will be built in Greenwood on a site adjacent to the company's existing factory that produces aluminium plates used
      NYT  -  211 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      316 6 SWANG SHIPYARD LIMITED orated In tfw Ftopubllc of Singapore) F ANNUAL GENERAL MEETING 3Y GIVEN that the Twenty-First Annual General >any will be held at the Company's Registered Office niralty Road East, Sembawang, Singapore 2775 on i am tor the following purposes: ider the Dirsctors'Rsport and r ended 31 December
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      Page 6 Advertisements Column 2
      133 6 > I Meet with success in Kuala Lumpur. At the new Regent of Kuala Lumpur, our meeting facilities are making people talk. Because we present you with the most impressive choice of venues in town. You can choose from our splendid Boardroom with its sleek, black granite and leather conference
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      277 7 I MAZDA 929 II [HMintira F 1 rlluii U Ll UULJdUUUULiJUiJU low" 1 i| 4 •»>'• -'V j I".. 11 J. I_ 1 i*.u SS-^IEX, I Nik St Kl(. ssaifs« F" Wl if -i-.v- (V IS I j < J I A; iv a ll amp»K» RMS riiaMp I. I
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  • FINANCIAL NEWS
    • Article
      Morgan Grenfell wins NOL, SBS loan mandates
      307 8  -  By Quak Hiang Whai LOCAL merchant bank Morgan Grenfell (Asia) has been awarded two separate loan mandates by publicly-listed companies, Neptune Orient Lines and Singapore Bus Service. NOL is raising a US$lB million tax-spared loan to finance the purchase of two ships from
      307 words
    • Article
      Lock icon Merger of Amro, ABN aims at global expansion
      462 8 Reuter A MERGER of AmsterdamRotterdam Bank NV and Algemene Bank Nederland NV (ABN) will enable faster international expansion, chairmen of the two banks told journalists. "You need a strong capitalisation if you want to be a global player from a small market
      Reuter  -  462 words
    • Article
      Lock icon Law soon on foreign banks in E Germany
      137 8 Reuter A REFORM law letting foreign banks operate in East Germany is likely to be proposed in April, East German central bank chief Horst Kaminsky said. Mr Kaminsky told the official East German news agency ADN that after introduction of new regulations,
      Reuter  -  137 words
    • Article
      Lock icon UK tells Walbrook Insurance to cease new business
      266 8 FT THE MAIN insurance subsidiary of London United Investments (LUI), the largest underwriter of liability business in the London market, was ordered by Britain's Department of Trade and Industry on Monday to stop taking on new business because of lack of reserves
      FT  -  266 words
    • SMALL CHANGE
      • Article
        Loan withholding unwise: China
        119 8 THE World Bank decision to hold back US$l5O million in loans to China was the result of "unjustifiable" political pressures from a few nations, the China's Foreign Ministry said yesterday. The ministry, in a statement, said the withholding of the development loan was "an unwise move"
        119 words
      • Article
        Canada sees inflation pressures
        101 8 BANK of Canada governor John Crow said the most recent indicatore of the economy and credit conditions show growing inflation pressures."At the same time the more recent information we have seen... would indicate more strength in spending and therefore in inflation pressures than we were seeing
        101 words
      • Article
        Tokyo to limit lending for land
        80 8 FINANCE Minister Ryutaro Hashimoto said the ministry's Banking Bureau will ask banks to limit their land-related lending to deter speculation. He told a news conference the growth of bank loans for land transactions should not exceed the rate of increase in total lending for
        80 words
      • Article
        E Europe not turning on Lloyds
        55 8 EASTERN Europe, excepting East Germany, offers relatively few opportunities for commercial bank expansion, Lloyds Bank pic chairman Jeremy Morse said. "Openings are possible in investment banking for projects and financial services but I see few prospects for commercial banks, he said in an interview
        55 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 8 Dollar$ Non$en$e
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      238 8 Own a theatre, not just a TV. Now a theatre in your home. Attractively designed and backed by traditional, technological excellence of JVC. And a range of superior televisions to choose from for living room or personal theatre viewing. sly *ly AV-S29OM 72.5 cm (29-Inch) Multi-System Super picture quality: horizontal
      238 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      58 9 Uv'U'U' Jllylly^yily|y If you're flying to France, why wait 'till you get there before you start getting into the mood? UTA, the French Airline, departs Changi every Tuesday and Friday, laden with French cuisine, French wines, French stewardesses, and intelligent Singaporeans. It's a non-stop flight, so you get twelve hours
      58 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Lock icon US accuses Burmese govt
        56 10 AP AMERICAN ASSISTANT Secretary of State Melvin Levitsky on Monday accused Burma's government of colluding with drug traffickers but said Washington had no plans for military action there to stem the massive outflow of heroin. The United States has identified Burma as the biggest single producer
        AP  -  56 words
      • Article
        Speeding up hotel licensing
        68 10 THE SELANGOR government will draw up guidelines to speed up the issue of hotel licences as the present approval procedures are too slow, Mentri Besar Tan Sri Muhammad Haji Muhammad Taib said on Monday. Currently, the approvals of at least 18 government departments were needed for
        68 words
      • Article
        Lock icon KL calls for a resource centre
        73 10 AFP MALAYSIA has called for the establishment of a resource centre on welfare programmes to allow members of Asean to tap regional expertise and information. Deputy Prime Minister Ghafar Baba said on Monday the centre would help strengthen welfare programmes by allowing the exchange
        AFP  -  73 words
      • Article
        Lock icon Alatas meets Mubarak
        47 10 AFP PRESIDENT Hosni Mubarak of Egypt met Indonesian Foreign Minister Ali Alatas in Cairo on Monday, and was handed a message from Indonesian President Suharto. Mr Alatas told the Middle East News Agency the message was part of Egyptian-Indonesian consultations on world developments. AFP
        AFP  -  47 words
    • Article
      Lock icon American senator hits out at Thai support for Burma
      311 10 AFP A LEADING American Senator has criticised Thai support for the Burmese government and urged an end to Thailand's participation in Burmese teak logging. "Not only are the Thais indiscriminately logging Burma, which heretofore contained 80 per cent of the world's
      AFP  -  311 words
    • Article, Illustration
      Chaovalit meets Co Thach
      38 10 Thai army chief General Chaovalit Yongchaiyudh (left) conferring with Vietnamese Foreign Minister Nguyen Co Thach on Monday. Mr Yongchaiyudh paid a one-day visit to Hanoi to discuss matters of interest to the two countries.
      38 words
    • Article
      Thai Cabinet may not see revamp
      245 10 THE THAI Cabinet might not be reshuffled because of conflicts within the coalition, former National Security Council chief Prasong Soonsiri has said, the Bangkok Post reported. Mr Prasong, who was sec-retary-general to former Prime Minister Prem Tinsulanonda, was speaking at a seminar organised by
      245 words
    • Article
      Lock icon Suharto urges calm over US textile embargo
      127 10 AFP INDONESIAN President Suharto has appealed for calm while the government tries resolve a rift with the United States over textile exports. There was no need to make an issue of the rift since it only involved exports worth US$4.6 million out of
      AFP  -  127 words
    • Article
      Jakarta sees bright prospects for 7 sectors
      252 10 THE CHAIRMAN of Indonesia's Investment Coordinating Board (BKPM) has said that seven business sectors arc offering very good prospects, The Jakarta Post reported. Mr Sanyoto Sastrowardoyo identified them as the machinery, basic metal, electronic, chemical, textile, agro-based and service industries. "When businessmen in
      252 words
    • Article
      Lock icon No need for special law over Taiwan: Aquino
      245 10 Reuter PRESIDENT Corazon Aquino, walking a diplomatic tightrope between Taipei and Beijing, said on Monday there was no need for a separate law to protect Taiwanese investments in the Philippines. "There are enough laws at present to attract foreign investors to our
      Reuter  -  245 words
    • Article
      Lock icon Sabah turns in a lower trade surplus of M$2.28b
      308 10 Bernama SABAH REGISTERED a trade surplus of M 52,286.1 million last year, down $395.9 million or 14.8 per cent from the 1988 surplus, the Statistics Department said. The decline in the surplus was attributed to the substantially higher growth in imports,
      Bernama  -  308 words
    • Article
      Lock icon Hanoi leaders in crucial meeting
      130 10 Reuter VIETNAM'S ruling communists are locked in a long and crucial meeting, confronting twin threats of growing international isolation and mounting frustration at home, diplomats said on Tuesday. They said Vietnam's ageing leaders, confronted by lightning changes among their former socialist allies, were grappling with
      Reuter  -  130 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      760 10 mHWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Hwa Hong Corporation Limited wishes to make the following announcement AUDITED RESULTS FOR THE YEAH ENDED 31 DECEMBER 1989 Group Company 1989 1988 W- 1989 1988 Wsrooo srooo srooo srooo t. (a) Turnover 147.9*4
      760 words
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  • THE WORLD
    • Article
      Lock icon US pessimistic about narrowing trade deficit
      486 11 AP THE US foreign trade deficit is not expected to improve in the next two years to the extent that it did in the past two and it could get worse, according to the Bush administration. The US government said on Monday that achieving
      AP  -  486 words
    • Article
      Lock icon Lithuanian party HQ seized
      313 11 Agencies IN THE FACE OF warnings from the United States that a Soviet military crackdown in Lithuania would hurt USSoviet relations, armed Soviet paratroopers yesterday seized the headquarters of the breakaway Lithuanian Communist Party in the capital Vilnius. This happened shortly after other forces dragged Lithuanian
      Agencies  -  313 words
    • Article
      Lock icon Moscow, Seoul hold talks to expand ties
      178 11 AP SOUTH KOREA and the Soviet Union are holding their most comprehensive talks ever in efforts to expand bilateral economic and diplomatic relations. A South Korean ruling party delegation has met Soviet officials in Moscow to negotiate steps aiming for early establishment of
      AP  -  178 words
    • Article
      Lock icon Most Japanese for positive response to US demands: poll
      272 11 AFP A MAJORITY 85.9 per cent of .Japanese fee! Tokyo should respond favourably to US demands for structural economic reforms and liberalisation in Japan, a newspaper poll showed yesterday. The Nihon Keizai Shimbun, a leading financial daily, conducted a nationwide telephone
      AFP  -  272 words
    • Article, Illustration
      White House turns green
      56 11 The White House turned a little green on Monday when the US First Lady, Mrs Barbara Bush, took delivery of three consignments of broccoli presented by a suppliers' organisation in response to President George Bush's much-publicised refusal to eat the vegetable. The group also donated 4,500
      56 words
    • Article
      Lock icon Split in Estonian party
      116 11 AFP THE ESTONIAN Communist Party split on Monday after a group of delegates loyal to Moscow broke away to protest against a decision to set up a party independent of the Soviet Communist Party. The Tass news agency said that the Estonian party split de facto
      AFP  -  116 words
    • Article
      Lock icon Proposal for EC-US pact on mergers
      180 11 Reuter EUROPEAN Commission Vice-President Leon Brittan has proposed that the US and the European Community give serious consideration to an agreement that would cover mergers of American and European companies. The EC has agreed that mergers of EC companies which together have revenues above
      Reuter  -  180 words
    • WORLD WATCH
      • Article
        Lock icon S Korean exports fall for first time in decade
        91 11 AFP SOUTH KOREAN EXPORTS plunged last year for the first time in a decade while imports soared. The central Bank of Korea (BOK) yesterday said BOK statistics showed that South Korea exported U5561.28 billion worth of commodities on a balance-of-payment (BOP)
        AFP  -  91 words
      • Article
        Lock icon US hotel chain expanding
        40 11 AP BEST WESTERN INTERNATIONAL will add 50 hotels in southern Asian countries by 1993. The American lodging chain said on Monday that the initial hotels would be in Bangladesh, India, Nepal, Pakistan and Sri Lanka. AP
        AP  -  40 words
      • Article
        Lock icon IMF pessimistic about Africa
        81 11 AFP THE ECONOMIC PROSPECTS for Africa are "extremely gloomy" and African countries must do all they can to pull themselves through without relying on others, International Monetary Fund Director-General Michel Camdessus told the American Chamber of Commerce and a visiting delegation from the newly-created African Business
        AFP  -  81 words
      • Article
        Lock icon Heseltine backs Thatcher
        89 11 Reuter FORMER BRITISH defence minister Michael Heseltine, heavily favoured in opinion polls as the next leader of Britain's ruling Conservative Party, has predicted that Prime Minister Margaret Thatcher will win the next election. His statement on Monday followed surveys in four British Sunday newspapers which showed Mrs
        Reuter  -  89 words
      • Article
        Lock icon Talks on election funding
        63 11 AP BULGARIA'S ruling communists, the democratic opposition and other parties involved in closed-door talks on Monday discussed campaign funding, including the right to accept money from abroad. A source in Sofia said that under tentative plans, the political parties would be allowed to accept US$5OO donations
        AP  -  63 words
      • Article
        Lock icon New high for steel investments
        78 11 NYT JAPAN'S five major steel makers plan to increase investment for capital improvement in the fiscal year starting in April, reflecting the record high profits the companies registered this year, according to recent announcements by the steelmakers. The total amount of investment planned by Nippon
        NYT  -  78 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      722 11 University of California, Berkeley TIMES CONFERENCES Walter A Haas School of Business University Extension, University of California, Berkeley and Times Conferences jointly present Thnmm Omw The Annual Executive Education Program Exclusively designed for senior management in Asia, these highly intensive and interactive programs provide opportunities for participants to enhance their
      722 words
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  • Article
    Small screen, big picture
    436 12 EDITORIAL Privatising the Singapore Broadcasting Corporation, some observers say, shouldn't be pursued because it would have only marginal benefits. That reasoning is hard to accept. The bottom line, of course, is that private companies will have to bear the consequences of the market. Contrary to popular
    436 words
  • WHAT THE OTHERS SAY
    • Article
      Baltic crossroads
      177 12 THE BALTIC REPUBLICS, as well as Soviet President Mikhail Gorbachev, may have found themselves at the crossroads. If they press ahead with full independence as Lithuania has done so Moscow may be compelled to use force. For his own political survival, Mr Gorbachev can hardly rule out such
      177 words
    • Article
      Baby at the workplace
      157 12 THERE ARE now 199 childcare centres of which 20 are found at the workplace. However, only two of the workplace centres are located in private companies; the rest are run by the government or statutory boards. This shows that the government still has to work hard
      157 words
    • Article
      Sri Lankan peace
      164 12 WITH THE DEPARTURE of Indian troops, Sri Lanka is apparently all set to resolve on its own the 12-year-old civil war between the majority Sinhalese and the Tamils. The "removal" of Indian troops after nearly three years raises a vital question: can Sri Lanka keep the peace
      164 words
  • REGIONAL VIEWPOINTS
    • Article
      Hawke's thin majority
      128 12 AUSTRALIA'S general election over the weekend reinforces a recent trend in Western democracies which indicates how volatile their voters are with bread-and-butter issues as the decisive factor in determining their political preferences. Although at least six seats in the 148-seat House of Representatives are still unclear to
      128 words
    • Article
      Beijing's crude campaign
      154 12 THE CHINESE GOVERNMENT is continuing its crude campaign to destroy the nationality legislation proposed by the British government to help Hongkong people. In the latest of a series of comments designed to undermine the passports package that will be unveiled in detail next month, Mr Li Hou,
      154 words
    • Article
      Shrinking socialism
      184 12 BEGINNING late last year, the citizens of most socialist countries of the world took a long, hard look at their nations. They did not like what they saw. In a few historic months, they tore down four decades and more of socialism and threw it on the garbage
      184 words
  • Article, Illustration
    Lock icon The giant loses his footing
    934 12 Chink in armour hitherto impervious to market forces The Economist POLICY coordination lies at the root of Japan's financial troubles. For an economy that is supposedly manipulated to make it impervious to market forces, Japan has moved remarkably rapidly from joy to gloom. Only a
    The Economist  -  934 words
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  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Market forces whip up storm for Chinese firms
      884 13  -  China's fledgling free markets grapple with the forces of a fickle market, writes Sheryl WuDunn Sheryl WuDunn NYT LAST YEAR was a nightmare for Wanbao Electric Co. One hundred thousand refrigerators sat for months in warehouses, it could not pay its debts,
      NYT  -  884 words
    • Article, Illustration
      Berjaya — powers that used to be
      1133 13  - Berjaya powers that used to be Beijaya's fortunes have fallen low in the past five years. Kalimullah Hassan, writing for BT from Kota Kinabalu, reports on the party that once led Sabah Kalimullah Hassan Five years ago, on polling day in the Sabah state elections, the Berjaya party held a
      1,133 words
    • Article, Illustration
      Lock icon European Parliament dissatisfied with its lot
      721 13  -  The European Parliament's political influence has outgrown its legal authority, writes Alan Riding Alan Riding NYT EVERY MONTH, at an annual cost of more than US$65 million, several hundred metal boxes full of documents are trucked in from Brussels, almost 1,000 civil servants arrive
      NYT  -  721 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      154 13 PL) Durham University Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship research. Durham University now offers senior executives professionals the opportunity to obtain an MBA qualification in Singapore. This distance learning programme is structured to develop business skills
      154 words
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  • FOCUS
    • Article, Illustration
      Dawning of a Green age Down Under
      1190 14  -  Australians of all persuasions are learning to live with a Green revolution in their miast, writes Florence Chong in Sydney Florence Chong INTERNATIONAL oil refiner Caltex has become the first large corporation to feel the impact of the mounting green movement in Australia.
      1,190 words
    • Article
      Lock icon Price-tags on pollution
      795 14  -  Protecting the environment through the use of pollution charges is an idea whose time has come, says Wilfred Beckerman Wilfred Beckerman The writer is a Fellow of Balltol College, Oxford FT POLLUTION charges seem to have become respectable at last. But in the early 1970s they were
      FT  -  795 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      166 14 IhV I V H just how far will corporations go to lure the scarce number of top graduates? And how have the rules changed for thott who arc H in such great demand? In April's cover story, THE WOOING OF YOHEI, see how one choice candiH m date was courted.
      166 words
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  • SPORTS
    • Article
      Lock icon Rookie gem unearthed
      437 15 AP IF the US Professional Golfers' Association tour is looking for a new glamour boy, it has found one in Robert Gamez. In just 10 weeks on the tour, the 21-year-old has won two tournaments in dramatic fashion, including the Nestle Invitational with an eagletwo on the
      AP  -  437 words
    • Article, Illustration
      Lock icon In Becker's shadow
      290 15 AFP BORIS BECKER has dominated Davis Cup tennis for the all-cOnquering West Germans in the last two years and his absence in Buenos Aires this weekend will almost certainly mean Argentina qualifying for a semi-final with Australia. The Australians have the form to beat New Zealand in
      AFP  -  290 words
    • Article
      Lock icon Rivals King and Arum set to fight new usurper
      333 15 AP LATE LAST MONTH, Don King and Bob Arum, bitter rivals who for years have controlled boxing's biggest fights, slipped into the same booth at a Las Vegas restaurant and began talking. King was seething, having just come from a heated
      AP  -  333 words
    • Article
      Lock icon Injury forces Stephenson to put off comeback
      296 15 AP JAN STEPHENSON, sidelined since suffering a shattered left ring finger in January, is hoping to make her comeback to the LPGA tour in May. "I'm still in a lot of pain," she said last Saturday while visiting the LPGA Turquoise Classic in
      AP  -  296 words
    • SIDE LINES
      • Article
        Lock icon Fourth-ranking Seles new threat to Graf
        112 15 AFP MONICA SELES, confirmed as a new threat to Steffi Graf with her Key Biscayne win last week, has moved to fourth in the women's world tennis rankings. The 16-year old Floridabased Yugoslav has been overshadowed by the publicity surrounding 13-year old Jennifer Capriati
        AFP  -  112 words
      • Article
        Lock icon Soviet league joins WBA
        55 15 AP THE World Boxing Association announced on Monday that the Soviet Union's Professional Boxing League has decided to join its ranks. According to WBA, the league formalised its participation in the WBA over the weekend after a meeting between WBA president Gilberto Mendoza and the Soviet
        AP  -  55 words
      • Article
        Lock icon Umaras joins Coors squad
        67 15 Reuter CYCLIST Gintautas Umaras of Lithuania, a two-time gold medalist in the 1988 Olympics, signed a one-year contract with the United States-based Coors Light Cycling squad, team officials announced on Monday. Umaras, 26, won the individual and team pursuit titles in Seoul, South Korea, as well
        Reuter  -  67 words
      • Article
        Lock icon Temesvari overpowers Iaccarino
        60 15 AP ANDREA TEMESVARI of Hungary defeated wild-card entrant Nicoletta laccarino of Italy 6-2, 6-1 on Monday night in a first-round match at the USS22S,OCX) Virginia Slims of Houston tennis tournament. Temesvan's victory at the Westside Tennis Club opened the 16-player tournament that features top-seed Martina Navratilova and
        AP  -  60 words
      • Article
        Lock icon Minnesota outburst
        59 15 AP GAETAN DUCHESNE's fluke goal ignited a four-goal firstperiod outburst as Minnesota held off the Toronto Maple Leafs 5-4 on Monday night to move within a point of clinching a playoff berth. The victory gives the North Stars a five-point lead over the Detroit Red Wings for the
        AP  -  59 words
      • Article
        Lock icon Reinach clears first match
        57 15 AP USING a strong baseline game, South Africa's Elna Reinach powered her way past Louise Allen of the US 6-2, 6-2 on Monday in qualifying play at the US Women's Hardcourt championships in San Antonio. She will meet Annemarie Walson of the US, who defeated Adriana
        AP  -  57 words
      • Article
        Lock icon Lalonde to quit boxing for good
        61 15 AFP CANADIAN Donny Lalonde has pulled out of his June 2 title fight against World Boxing Council (WBQ light-heavyweight champion Jeff "Hit Man" Harding of Australia, promoter Bill Mordey said in Sydney yesterday. Mordey said former worid champion Lalonde was quitting the ring for
        AFP  -  61 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      208 15 h f t--i 'V -f: tggf you have paper to propose or per- feeding alternatives, high speed your Boldly announce it in Because highlights your delivers greater on the ff module WJ r seven With bpson s ff| J. 111 j|\"m jlf Yw| I |yp 80 column j U^,BIJIC LQB6O
      208 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      202 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot. JF* Hk Spicv Szechuan dishes served at lunch and dinner dailv in tjie coot, inviting atmosphere of Szechuan Court. Reservation ,330 8310 or 338 8385 ext *****/6. Wȣ| The Wlstin
      202 words
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      Page 16 Advertisements Column 2
      305 16 my DIAN XIN TEMPTATION! Treat yourself to a Deleaable Dian Xin lunch All-vou-can-eat for only 116.80* per person Lunch Hours: 11.30 am 2.30pm hyatt Regency ©Smgapore 1«> 12 Scutu. K>uJ Simypure 092J lei 7331WH Dian Xin Buffet Our Dion Xin buffet lunch spread include authentic Cantonese dishes like Braised Beef
      305 words
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      Page 16 Advertisements Column 3
      195 16 v ■"jH Monday to Thursday :6pm—2am •Friday, Saturday&PH Eve :6pm-3am Closed on Sunday HAPPY HOURS: 6 pm-8 pm Ftrvdnnkcturge 3ftei Bpm HSnea V^-r PlazaHß®? MW*elrU7l«»l Ml pBBHHBBaaHBBaaBSaMHBaBmBBEBT Feast on our Chef's Specialty >« Fish Head Curry at only $17.50 C(lT@y A (for 2 persons), or you may 1 choose from
      195 words
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      Page 16 Advertisements Column 4
      215 16 IF RE N m I The accent is on France this month at the famed Belvedere Lunch Buffet. 67 tongue- twisting and mouth-watering French speciali- S ties await you at our tables. Come and savour. M French Buffet Lunch B Mar 1 31. Noon 2.30pm HE Adult: $36+ Child below
      215 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      734 16 TELEVISION AND RADIO A, SBC 12 755 rd r Wr *t* When 4.25 Arab Drama Al-lslam Wa- BUSINESS ON RADIO tl*OrtlA IITA the Fat Lady Sings. Opera layatul. 1 l II 111 I Singers, shootings in an alley, 5 m njH Damir Ke Daour 11l 7.25 PM Videofashion Monthly fake
      734 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Don't bother with the thank yous
      976 17  -  So you saw the real thing last night. But get ready for yet another awards presentation ceremony, this time for the worst movies of the year, presented by Oscar Moore Oscar Moore Punch IN RECOGNITION of the Little People whose tireless efforts make movies
      Punch  -  976 words
    • Article, Illustration
      Lock icon Miss Daisy drives off with four Oscars
      478 17 AFP pv RIVING Miss Daisy, 1 the tale of an elderly Jewish woman and her black chauffeur in the deep South, swept the Academy Awards on Monday with four Oscars. The gentle movie won the best picture award at a gala ceremony broadcast
      AFP  -  478 words
    • Article
      Lock icon Hogan threatens to sue Aussie govt over ads
      268 17 Agencies PAUL HOGAN, star of the movie Crocodile Dundee, threatened on Monday to sue the Australian government if it keeps screening his tourist promotion advertisements overseas. Hogan said the "throw another shrimp on the barbie" advertisement he made in 1984 had outlasted
      Agencies  -  268 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      280 17 AND ENTERTAIN F A Yen h For Fresh I": Japanese Food. I Unkai is one of the few Japanese restaurants in town to fly in fresh ingredients I daily from Japan. So you can feast on I nothing less than the freshest and most I exquisite of sushi, sashimi, teppanyaki
      280 words
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      Page 17 Advertisements Column 2
      187 17 THE CARLTON BRASSERIE ALWAYS MAKES GCHID BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin and Prawns
      187 words
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      Page 17 Advertisements Column 3
      288 17 -mmmm f m WwM i w>r w Ui fx Classical Japanese food prepare!? j In The True kaiseki style Complete 7-8 course set Lunch/Dinner from $14.00 I K.--CT jRESmJB&S I Set Sashimi Lunch from $18.00 Nishiki Restaurant Marina Bay Golf Country Club 6 Marina Green Singapore choi. For Reservations Please
      288 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Institutional buying sends STII to new high
      4240 18  -  By Tim Mui Khi INSTITUTIONAL INVESTORS buying blue-chip counters pushed the Straits Times Industrials Index to a new high yesterday, although prices of most shares closed lower. The STII finished at a record of 1,607.12, surpassing the previous best of 1,604.08 set on
      4,240 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      Market finishes lower as profit-taking sets in
      3648 19  -  By Tim Mui Khi CLOB INTERNATIONAL, the over-the-counter market, finished lower yesterday as investors took profits. The UOB OTC Index fell 6.64 points to 982.75, while the Business Times Composite Index dropped 1.64 points to 1,378.50. Turnover was down almost half to 34.58
      3,648 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    960 19 CiwMT maturity fate Co** m Conversion period Interest payable C'oaversion term for oae ordinary share Caawy Lean 1994 6 Dec 31 Causeway M 1994 OctT 1989 to Oct 20, 1994 1 warrant plus $1 cash or 1 warrant plus {1 nominal amount of loan
    960 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end mixed to easier
      3330 20 MBT IN LINE WITH developments at the Tokyo bourse, share prices on the Kuala Lumpur stock market finished mixed to easier yesterday as profit-taking alternated with bargain-hunting in lacklustre trading Dealers said interest continued to be quite well-spread with the main action still centred on
      MBT  -  3,330 words
  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS DUE
      499 20 Sfagapsr* Stacks Last Full Y«ar Corny Mad Date Yaar M W &M M ■nauncad nh| (cad») pre* Mpar (T000) WT Interim Jan 27 Jun 90 169.6 100.0 516 Ma Final Feb 28 Nov 89 39.1 10.0 11.728 T«m I Cky Fid M 3 0k 89 U371 Mf Carl
      499 words
    • Article
      DIVIDENDS ANNOUNCED
      633 20 Garrett Ex BMki Data TiWhr TiMhr My—< date ckm* MyaM* tftayaar last year Mm 15%TE Feb 28 Mar 12 M* 15 BAT 90.9% (n) Apr 6 Apr 19 May 3 122.7%(ii) 72% ImM 51(1) Apr *»1 7 2 C«*«paM 2% (I) May < May 17 to 1 JJ*
      633 words
    • Article
      APPROVED ISSUES
      297 20 Ciwp—y b— MM Onetortoer MB.40 par b-date Mar 8 Books dose Mar 22 Acceptanca > Payaat WW CAC Two-tor4w 9 S2.10 par share TV* warrants tor awry 10 *ns Wd ai JO *8 par warrant Li-data Fab 7 Books dose Fab 19 Acceptance > Payment Apr 17 Mtan
      297 words
    • Article
      PROPOSED ISSUES
      287 20 Company Mght» 1st— One-tor-one $1.85 per share q Hritei Issue of 27m loan stocks n the rabo of $3 ban stock tor every frve mtmn FM3 Onetor-one fe MS0.60 Per share. Fgbe (Mi One-tor-one MJ0.25 per share. tolowed by a share swap ol We Faber Merkn shares tor
      287 words
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  • REGIONAL STOCK MARKETS
    • Tokyo stocks close mixed in active, volatile trade
      • Article, Illustration
        HONGKONG
        1126 21 HONGKONG share prices closed easier yesterday after trading narrowly on a lack of further incentives to push the market higher, brokers said. "It's been a quieter day than Monday," one broker sai3. "People, now we're above 3,000 (on. the Hang Seng index) are a bit cafitious." The Hang Seng
        1,126 words
      • Article
        TOKYO
        505 21 TOKYO shares closed mixed yesterday after a day of relatively active and volatile trading. They opened higher, then fell in the morning on profit-taking, rose in the afternoon on buy programs prompted by wider index futures premiums over cash shares, then eased again. "There's some natural profit-taking any time
        505 words
      • Article
        SYDNEY
        497 21 AUSTRALIA'S sharemarket rallied off its lows in afternoon trade as the gold price rebounded slightly from an overnight plunge and demand for the leading industrial stocks picked up yesterday, brokers said. The All Ordinaries Index finished 8.6 points off at 1,558.4 after bottoming at 1,551.1. The gold marker finished
        497 words
      • Article
        SEOUL
        233 21 SEOUL stocks fell to their lowest level in 15 months yesterday, dropping below 830 points, widely seen as the psychological support level, brokers said. The composite index closed at 827.92, shedding 6.62 points from the previous session. Turnover was a moderate 194.3 billion won compared with 146.5 billion on
        233 words
      • Article
        TAIPEI
        470 21 THE Taiwan stock index slipped at the close as uncertain investors decided to play it safe after an early rally petered out. The weighted index dropped 139.7 points, or 1.3 per cent yesterday, to close at 10,406.31 compared with Monday's 10,546.01 close. Turnover was its lowest for a full
        470 words
      • Article
        BANGKOK
        254 21 THAI stocks yesterday moved higher across the board in bullish trade dominated by buying support for cement shares. The official SET Index rose 16.83 points to end at 834.83 in very active trading. Advances led declines 105 to 37. Most active were Siam City Cement, M K Real Estate
        254 words
      • Article
        MANILA
        87 21 SHARES closed mostly higher in activ£c* trade in Manila yesterday, apparently defying an expected downtrend linked to the continuing increase in interests rates. The Manila composite index, inched up O.IS point to close 1,129.60. Combined volume at the two bourses rose to 1.73 billion shares worth 166.3 million pesos
        87 words
      • Article
        NEW ZEALAND
        76 21 THE New Zealand share market yesterday posted its strongest one-day gain since last year's mid-October rebound investors eagerly sought scrip that was hard to find. "There was no stock in the market so people had to chase it you can't buy anything out there," a broker said. "You
        76 words
      • Article
        Untitled
        290 21 Taipei Mar 27 NTS »cbc 592.00 -3 Kolin 112.00 +1 lit Sec Fund Kuochan Develop 148.00 -I All Sincere Indus 35.00 +0.7 Kwang Hua Fd Asia Cement 147.00 -1.5 Lee Chang Yuen 71.50 -0.5 Cathay Construe 127.00 -3 Lien Hwa Indust 100.50 +2 Cathay Life Ins 1270.00 -20 L, ton
        290 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      501 21 The Jakarta market was closed for public holiday yesterday. The Bombay report was not available at press-time. NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. M AND ROADOTAR INTERNATIONAL ELECTRONICS PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE or FINAL MEETING Notice Is hereby given pursuant to Section 306 of the
      501 words
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      Page 21 Advertisements Column 2
      344 21 IN THE MATTER OF THE COMPANIES ACT (CHAPTER N) AND IN THE MATTER OF EQUITY RESOURCES PTE LTD qal|iilißii/ At an Extraordinary Gen- eral Meeting of the members of Equity Resources v Pte Ltd duly convened t and held at 151 Chin Bwee Road #13-12 Manhattan House, Singapore 0816 on
      344 words
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  • WORLD STOCK MARKETS
    • Profit-taking erodes Wall Street advance
      • Article, Illustration
        NEW YORK
        920 22 WALL STREET stocks, fortified by a nearly 5 per cent surge in Tokyo equities, ended higher on Monday. But late afternoon profit-taking compounded by a general lack of interest eroded most of a blue chip advance. The Dow Jones Industrial Average closed at 2,707.66, up 3.38 points, after
        920 words
      • Article, Illustration
        LONDON
        823 22 UK shares were sharply higher in late afternoon trading on Monday, as the market reacted positively to rises on overseas markets and a firm tone in FTSE futures. But trading volume remained thin, with operators sidelined as corporate news slowed to a trickle. The market opened firmer on the
        823 words
      • Article
        FRANKFURT
        139 22 DUTCH share prices ended higher on Monday with Tokyo's almost 5 per cent overnight surge and a firmer domestic bond market helping sentiment although volumes traded remained thin. The CBS all-share index ended the day up 1.3 points at 116.0, coming off day's highs of 116.4 on late profit-taking.
        139 words
      • Article
        AMSTERDAM
        249 22 THE Frankfurt stock market closed at a record high for the second time in seven weeks on Monday, with leading shares such as car and bank stocks much in demand. The DAX index ended the day at 1,939.53 points, up from 1,932.12 at Friday's close and marginally higher than
        249 words
      • Article
        PARIS
        82 22 ITALIAN shares started mixed in low volume focused on chemicals firms Montedison and Enimont yesterday. The MIB index was down 0.2 per cent at 1030 GMT, with 52 per cent of closing prices fixed. Montedison jumped 49 lire at the close to 1,939 before falling back later to 1,922
        82 words
      • Article
        ZURICH
        163 22 SWISS shares closed little changed cut light volume on Monday. The all-shan! SPI index closed 0.1 point lower 1,078.3. The day's low was at 1,073.9. IT»e SMI index of leading shares, which" had fluctuated within a 10-point range,* ended 0.6 point firmer at 1,643.2. Dealers described the market ar
        163 words
      • Article
        Untitled
        734 22 Brussels Mm 26 Fraaca FORWARD MARKET Acec 4870 -10 Arbed 5370 unch Astur 1500 unch Brascan 742 +8 Canpac 728 +12 Cock 213 +2 De Beers 762 -14 Ebes. 4230 -20 Gb-lnno-Bm 1248 +16 Gevaert 8500 -100 Gr Bru Lamb 3980 -20 Hobok Petro ***** -175 Ryl Dutch 2685 +20
        734 words
  • Page 22 Advertisements
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      108 22 FOR IMPORTERS AND EXPORTERS. SHIPPING TIMES covers all aspects of local and international shipping (except, of course, the really technical aspects). Y The emphasis is on news that is likely to affect the Business Times reader. Covering the latest trends in the shipping markets, we also carry up-to-date news of
      108 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar continues to scale new heights against the yen
      1195 23 FOREX MARKET REPORTS THE US DOLLAR continued to scale new heights against the Japanese currency as it broke through the 157-yen barrier during Asian trading hours yesterday. In Tokyo, the greenback hit an in-tra-day high of 157.20 yen the first
      1,195 words
    • Article
      INTERBANK FOREX RATES
      383 23 Cross rates Mar 27 USS SS MS Dm Yen SFr Aj NZS USS 1.8840 2.7275 1.7070 157.00 0.6177 1.5205 1.3423 1.7212 SS 0.5308 1.4477 0.9061 0.8333 0.3278 0.8071 2.7125 0.9136 MS 0.3666 69.07 0.6258 0.5756 0.2265 0.5575 0.4921 0.6310 Dm 0.5858 1.1037 1.5978 91.97 0.3618 0.8907 0.7863
      383 words
    • Article
      MONEY MARKET
      558 23 Interbank rates St Bid Offer Ovtpikht 6 6 1/8 1-month 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-monmth 6 5/16 6 7/16 Overflight mode: 6-1/8 U9I Bid Offer 7 days 8 7/16 8 9/16 1 month 8 3/8 8 1/2 2 months 8 3/8 8 1/2
      558 words
    • Article
      Lock icon Manufacturers Hanover unveils netting system
      267 23 Reuter MANUFACTURERS Hanover Corp has announced the establishment of cross-border foreign exchange netting capabilities with 19 London counterparts through FXNET, an internationally owned computer system. Netting refers to the settlement of foreign exchange trades and to the registration of debits and credits to the parties
      Reuter  -  267 words
    • Article
      Lock icon Aussie PLR expected to decline
      114 23 Reuter THE Australian Bureau of Agriculture and Resource Economics (Abare) forecast prime lending rates will average around 16.S per cent in the fiscal year to June 30 1991, after averaging 19.9 per cent in 1989/90. Abare said in its quarterly report the forecast rates would
      Reuter  -  114 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1370 23 SIMEX jmmuib I Open High Low Sett Eat Vol Opflnt Vol Jun 90 91.36 9L37 9L34 9L36 4924 ***** 46lT Sep 90 91.25 91.27 91.24 91.26 1441 4818 924 S Dec 90 91.09 91.I0B 91.09 91.10 78 2535 93 I Mar 91 91.05 91.05 91.03 91.04
      1,370 words
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  • COMMODITIES
    • Article
      Lock icon M'sia considering rubber grade shift
      274 24 Bernama MALAYSIA may have to shift to producing RSS 3 grade sheet rubber instead of the present RSS I to capture a fair share of the world natural rubber (NR) market, says Primary Industries Minister Datuic Seri Dr Lim Keng Yaik. The shift in emphasis
      Bernama  -  274 words
    • Article
      Lock icon Inro buys more natural rubber
      186 24 AFP THE INTERNATIONAL Natural Rubber Organisation (Inro) bought nearly 800 tonnes of natural rubber in markets in Kuala Lumpur and in Singapore in January to support prices, an Inro official said yesterday. Inro buffer stock manager Aldo Hofmeister, whose job is to ensure that rubber
      AFP  -  186 words
    • Article
      Lock icon Cocoa pact to be extended
      86 24 Reuter COCOA PRODUCERS and consumers have agreed in principle to extend their pact for two years beyond September without marketregulatory clauses but funding for that period has yet to be arranged. International Cocoa Organisation Council chairman Peter Baron said in London on Monday: "It is
      Reuter  -  86 words
    • Article
      Lock icon Asia-Pac oil boom set to continue
      155 24 Reuter THE RAPID growth in oil demand throughout the Asia-Pacific region shows no sign of easing over the next five years, due largely to increased needs for electric power and transportation, said Dennis O'Brien, chief economist for Caltex Petroleum Corp. "This is a very
      Reuter  -  155 words
    • Article
      Sharp drop in gold price drags down tin, rubber
      800 24 REPORTS THE PRICE of tin shed 12 sen to finish at MS 17.12 per kg on the Kuala Lumpur tin market yesterday on lack of buying interest and currency factors. Opening bids of 35 tonnes against offers of 120 tonnes pushed
      800 words
  • Article
    PRICES
    1362 24 Rubber Mar 27 S cents/kg Noon Cloac Int I RSS Prompt 151 50/152.50N 150.50/151.50 Int 1 RSS Apr 90 154.50/155.00N 153.50/154 00 Int I RSS May I56.7VI57.25 I55.7VI56.25 Int 2 RSS OP I5100/I53 00N 150.50/152.50N Int 3 RSS OP 145.50/147.50N 145 00/147.00N Int 4 RSS OP 14I.50/I43.50N I4l.00/I43.00N Int
    1,362 words
  • Page 24 Advertisements
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      740 24 r ADVERTISEMENT YOURNUMBERS'SUP SBC 2106 B Once a month in this column we will publish a BMW number plate. If your vehicle number comes up,bring your Log Book and Identity Card for verification at: Michael de Kretser Consultants (S) Pte Ltd, 53/55 New Bridge Road, Level 4 Batey House, Singapore
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      Page 24 Advertisements Column 2
      15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
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Page thumbnail Page 25
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      641 25 City Flight ETA Flight ETD MnPhaM GA895 1235 Mdakte QF7 2025 |\mm»n RJ182 1445 RJ183 2320 Amsterdam GA895 1235 QF15 2215 'Htmm QF15 2215 Bahrain QF9 2230 BaMkpapan GA911/ 0800 524 0800 BMdarScH B1421 1100 Bmhm BI422 1205 B429 2030 B1430 2125 Bangkok QF72 1135 TG402
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    • Article, Illustration
      Looking to tourism as a money spinner
      625 25  -  LETTER FROM EASTERN EUROPE By Vjekoslav Radovic Eastern europe has high hopes of attracting large numbers of tourists fascinated by the democratic revolutions that have swept the region and countries are competing hard to cash in. A survey released by the American Society
      625 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.401 1.421 Canadian dollar 1.585 1.60S NZ dollar 1.083 1.123 Sterling pound 3.033 3.063 US dollar 1.8800 1.8880 Local dollars to 100 units oi foreign cuntnc) Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      76 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Mar 25-21 International M—irh Mode-Woche- (49)89/*****0 Apr 4-7 Light Industrie* Salzburg. Contact (43)*****5510 Fashion Fair Munchen GmbH Fair Austria Fachmessen Salzburg Mar 31- International Bari, Fiera Dd (39)80/*****1 Apr 8 Fair for Leisure, Italy Levante Apr 4-8
      76 words
  • Page 25 Advertisements
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      75 25 Tk The business person's choke every Tuesday, LJ M V I m VIV I Thursday, Saturday and Sunday. Leaving Changi I I II II V I Airport at 21:55 hours and arriving at Logan I J M k J I M I International Airport the following day. Call your travel
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      Page 25 Advertisements Column 2
      261 25 Wf could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and jL. issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
      261 words
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      Page 25 Advertisements Column 3
      262 25 NOTICES THE COMPANIES ACT, CAP. M WAN FOOK KONG PROPERTY CONSULTANTS PTE LTD (la Vataatary IMitla) SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Company held at 2 Flnlayson Oreen, #10-06, Asia Insurance Building, Singapore 0104, on Monday, 26th March 1900 the following Special Resolutions were passed:(a) That Wan
      262 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      292 25 ACROSS 9 Suggestive of Conserva- InJ 10 Stupid argument intended HhJ LmJ to catch out a striker (5,5) j 1 j j j jJM| 11 Staggering along to a coun- iMi ~lMftry in Africa (6) 12 Standard award for sport- |H ing prowess (7) 15 London area where blend- I
      292 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      222 25 Singapore OUTLOOK: Showers over several areas ia the after boom. Report for 24 hours prior to 7.30pm on Mar 27 at the airport: Max temp 33£ Assoc humidity 62 Mia temp 26.1 Assoc humidity 88 Hrs of swshioe 6.50 Rainfall ia nun Nil Rainfall this mth..„ 94.2 Forecast for the
      222 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      45 25 I put my hcart wo We HBRDL-Y ciosfcD TWt Doc*.A fIS IT WORM IT IS SOUL IMIO eVftRV BeHIWD me PtrtD I new? THe I 18 Ugj^yaJNT s l*ygg4g y 7>7| piND 19 IT £r SB W T WWP>T'S (jJRoNGi cwn otamoawp co. ltd- mum
      45 words
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  • Article
    Business parks blueprint nearing completion
    389 26  -  By Lilian Ang MORE THAN three years in the making, Singapore's blueprint for business parks, to be built outside the central business area, is to take shape by the second half of this year. An immediate upshot of the plans, which the Urban Redevelopment Authority
    389 words
  • Article
    Lock icon US defence experts study Tokyo technology
    205 26 Reuter AMERICAN Defence Department experts are visiting Tokyo to study Japanese electronics technology, apparently to see if it can be used in US jet fighters being developed, a spokesman for Mitsubishi Electric Corp said yesterday. The team will visit Mitsubishi Electric today and tomorrow.
    Reuter  -  205 words
  • Article
    Lock icon Taiwan-China air links?
    189 26 Reuter EXECUTIVES from private Taiwan airlines are to visit China in mid-April to discuss the possibility of direct air links between Taiwan and the mainland, airline industry officials said yesterday. They said the 10-day tour of Beijing, Shanghai, Guangzhou and Xiamen would be arranged by officials of
    Reuter  -  189 words
  • Article
    Lock icon Main Hungarian parties have historic rivalry
    306 26 Reuter AFP THE Hungarian elections look set to produce a weak coalition government instead of the strong cabinet the country needs to steer it through the crucial years of radical economic and social change, analysis of first round provisional results showed yesterday. Though two
    Reuter; AFP  -  306 words
  • Article
    Lock icon Korean growth lowest since 1981
    309 26 Reuter SOUTH KOREA'S economy, hit by an appreciating currency and widespread strikes, grew by only 6.7 per cent last year, its lowest rate of growth since 1981, the Bank of Korea announced yesterday. The central bank said the economy grew by a confirmed 12.4 per
    Reuter  -  309 words
  • Article, Illustration
    Germanys United kicks off
    60 26 West German Chancellor Helmut Kohl saw his dream of a united Germany become a reality on Monday at least on a soccer field in Dresden, East Germany, where an all-German team played for the first time in 50 years. Mr Kohl took the field and prodded
    60 words
  • Article
    Lock icon Wide range in Malaysian hotel-rate increases
    191 26 Bernama HOTEL RATES in Malaysia rose nationwide by between 3 per cent and 32 per cent during the first three months of this year. However, the increase was commonly confined to a 10 to 15 per cent margin, a meeting between hoteliers and tour
    Bernama  -  191 words
  • Article
    Lock icon Chaovalit retires as military chief
    220 26 Reuter THAI General Chaovalit Yongchaiyudh yesterday announced his retirement as commander-in-chief of the Thai army and is expected to pursue a career in politics. Speaking to reporters in Bangkok, he declined to say whether he would accept an offer by Prime Minister Chatichai Choonhavan to
    Reuter  -  220 words
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      94 26 TPS Iron Full Perimeter Weighting I W Optimum Balance Softer Feel Powerjißilt v Wiry p/o>' a roum* ittfflb anything less? V T \M V Yhat do you do if some of your guests want to eat seafood and others prefer Vietnamese food 7 No problem!!! Bring them to MEKONG VILLAGE
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      Page 26 Advertisements Column 2
      221 26 EYE 2 WOODS Larger sweet spot •Faster head spee^^V $PING fw thoM wt>o wont to ptay th«*r HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUS^ TORY/ jfT 'i A distinguished design, with excellent features to v MW& fIU i make this new phase another choicest investment sssffl II per square foot I'
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      Page 26 Advertisements Column 3
      6 26 Chaovalh meets Co Thach, Pg 10
      6 words
Page thumbnail Page 27
  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Daewoo to build oil carriers for UK firm
        158 27 AP DAEWOO SHIPBUILDING and Heavy Machinery Ltd said yesterday that it has signed a US$4OO million contract with a British shipping company to build four 300,000-ton oil tankers. Daewoo, a member of the giant Daewoo Group, said the VLCCs are to be
        AP  -  158 words
      • Article
        Lock icon Halliburton unit to sell some assets
        73 27 Reuter BROWN AND ROOT International Inc, a subsidiary of Halliburton, has agreed in principle to sell some marine construction assets to Offshore Pipelines Inc for about US$BO million. The company said the assets to be sold include interests in 23 derrick, pipelay and other
        Reuter  -  73 words
      • Article
        Lock icon New president for Mitsubishi Warehouse
        37 27 Reuter MITSUBISHI WAREHOUSE and Transportation Co Ltd has appointed executive director Tsuyoshi Miyazaki as its new president, effective immediately, a company spokesman said. Former president Masakazu Suganuma died on March 20. Reuter
        Reuter  -  37 words
      • Article
        Lock icon Portuguese port pilots call off strike
        105 27 Reuter PORTUGUESE PORT PILOTS have withdrawn the threat of a two-week partial strike, which had been due to start on Monday, after winning average salary rises of 26 per cent, unions said. The stoppage would have been the third partial walk-out by the 110
        Reuter  -  105 words
      • Article
        Lock icon Viking Supply seeks bigger stake
        72 27 Reuter NORWAY'S VIKING SUPPLY SHIPS said it wanted to boost its stake in oil services company Western Co of North America in which it holds some 11 per cent of stock. "We want to have the possibility of increasing our stake," said Christen Sveaas, board
        Reuter  -  72 words
      • Article
        Lock icon Taiwanese and Italian vessels collide
        98 27 Reuter A TAIWANESE CONTAINER VESSEL and an Italian tanker were in collision on the edge of Jeddah's northern port approach limit early on Friday, Lloyds Shipping Intelligence Service said. The 30,637-dwt Ming Energy was heading for the Suez Canal from Jeddah, while the 39,953 dwt
        Reuter  -  98 words
    • Article
      Index to advertisers
      1236 27 Pogo Column AiC Co*»0««0ri*0 Tfcirtoo* 5 Accord SfcpQ To* 3-5 AJfeotrot Soo A.r Sovo* 5 AHrod C Tooplor Fowrtoo* 5 Afcr«ik*J l*or Fiftoo* 5 AfC l*»0 E*M I An Five 3-5 AfS FonrtMA 1 Ar«*ro l*o f<bM« 4,5 Arrow I MM N.«o S A SO F,Hoo« 3
      1,236 words
    • Article
      Panama's registry reaffirms commitment to improvement
      462 27  -  TONNAGE EXPECTED TO GROW BY ABOUT SPC THIS YEAR By RAHITA ELIAS THE PANAMANIAN ship registry has reaffirmed its commitment to "cleaning up our house". Dr Guillermo Marquez, the country's new director general of the directorate of maritime affairs, is optimistic about the flag's
      462 words
    • Article
      TWRA sets new currency and fuel factors
      436 27 A RELATIVE strengthening of the US dollar against Asian currencies during the past quarter has prompted the Transpacific Westbound Rate Agreement (TWRA) to reduce its currency adjustment factors (CAFs) on shipments to Japan, Korea and Taiwan. For the calendar quarter starting April 1,
      436 words
    • Article
      World-Wide negotiating with yards to build new ships
      165 27 HONGKONG'S World-Wide Shipping it holding talks with several yards to build VLCC and other size tonnage, said company official Steven Pan. It is likely to choose a double-bottom design on any new vessel order, he told Seatrade IWeek. "Technically it is a
      165 words
    • Article
      Rotterdam still In the lead
      96 27 ROTTERDAM maintained its position as the world's loading cargo port with 292 million metric tons handled last year, up nearly 20 million tons over 1968. Total containers handled amounted to 3.60 million TEUs of marine containers. However, this figure cannot be used as a direct
      96 words
    • Article, Illustration
      Lock icon Sea Containers, Stena Line and Tiphook share out the pie
      626 28 Fairplay AT THE Ses Containers recent snnusl genersl meeting in Hamilton, Bermuda, the company's shareholders voted to beck the sgreed ssset sales to Swedish shipping group Stena AB snd UK container lessor Tiphook pic. By the end of this month,
      Fairplay  -  626 words
    • Article
      TCR's fleet now totals more than 410,000 TEUs
      211 28 TIPHOOK Container Rental Company Limited (TCR), the wholly-owned subsidiary of Tiphook PLC, has become the third largest container leasing company in the world following its acquisition of Sea Containers' fleet in Tiphook's joint bid with Stena. The TCR fleet now totals more
      211 words
    • Article
      Lock icon A new symbol for the lobby wall?
      319 28 Fairplay ATTACHED to the lobby wall of Sea Containers House, the London headquarters of Jim Sherwood's shrinking group, is the side panel from a 20-foot Sea Con dry container. In orange painted steel, it looms over the main reception desk in rather worrying
      Fairplay  -  319 words
    • Article
      Lock icon Weekly freights
      1008 28 AFP THE RECENT sharp decline in I rates for Panemex vessels (50,000-70.000 tonners, able to navigate the Panama canal) continued over the past week on the dry cargo market, due to a build-up of prompt tonnage. brokers said. The Baltic International Freight Futures Exchange (Biffex) index lost 40
      AFP  -  1,008 words
    • Ships in Port
      • Article
        SINGAPORE
        1742 28 AT CONVENTIONAL WHARVES SSJft* Zm *$oo Oc*on tip I 900IN M3A olong«»• 2703/ 2300 I Vow No Barth Arrival D«oartur« Syofcpuiro *****0 M48 oiongw* 2703/1700 VMM! voy NO D«nn«m»«l E».ly 9005 M48 2803/1515 3003/0600 Gwndillo V2I/90 M2A 26 03/ 1715 28 03, 2200 Hong Soon 6/90 M2A 28 03/
        1,742 words
      • Article
        MALAYSIA
        191 28 Port Klang South Point Agamemnon SB berth 3; Kin Line No 1 berth 7A KCT: Anro Jayakarta berth 9 North Point Ocean Pearl berth 15; Eaatern Fuji berth 17; Anjihai berth 18; Qian Jin berth 19; Ming Zhu berth 20; Kyrenia berth 21; Petro Lintaa berth 23; Namgang berth
        191 words
    • Article
      London Freights
      1040 29 DRY CARGO freight rate# continued their downward trend on Monday, with the available tonnage in the Atlantic believed to outweigh demand, brokers said. A cargo of grain was booked from Mississippi to Rotterdam at a lumpsum equating to U5513.50, a fixture which saw the rate for the route
      1,040 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11808 34 AARHUB Benavon. Trtot. March 2#<PK) To*to Expreee Trtot March 29 Anna Me era*. Meerek Line. March 29 Noraaia Al Muntazah. Noraela/SeeLand. March 31 Kulal. o|aaag«tri. March 31/Aprll 4. Ever Gallant. Evergreen. April 2 Ming Hop*. Yang Ming Una. April 2. Ming Star.
      11,808 words
    • Article
      Lock icon Air freight prospects seen in Soviet Union
      569 42 The Journal of Commerce AIR FORCE bases scattered around the Soviet Union could be converted to serve as air freight hubs to alleviate that nation s enormous transportation problems, according to a Washingtonbased trade consultant. "Air transport will be the key," said Harald
      The Journal of Commerce  -  569 words
    • Article
      Lock icon Eighteen carriers refuse to pay Danish airport tax
      92 42 AP EIGHTEEN AIRLINES are refusing to pay Denmark's controversial new tax on international fares, a British Airways executive said on Thursday. Peter White, BA's general manager for Europe, said 16 European airlines, Japan Airlines and Pan American had agreed to set aside
      AP  -  92 words
    • Article
      Lock icon Finnish ministry denies acting illegally
      199 42 Reuter FINLAND'S Trade and Industry Ministry vigorously defended its handling of the collapse last year of Oy Wartsila Ab unit Wartsila Marine Industries Inc and denied any of its officials acted illegally. The parliamentary ombudsman last week asked police to investigate whether any state officials
      Reuter  -  199 words
    • Article
      Lock icon Mexico to privatise its largest shipbuilder
      170 42 Reuter MEXICO WILL SELL its largest ship-building company, Astilleros Unidos de Veracruz, as part of a programme to privatise non-strategic industries, a company executive said. Firms from Holland, West Germany and Japan have approached the state-controlled company about participating in the privatisation, said Pascusl
      Reuter  -  170 words
    • Article
      Indian shipping firms to get budget relief
      208 42  -  B r JULIE CHATTERJEE INDIAN SHIPPING COMPANIES were given a piece of good news with the budget announcement last week. A provision which made it mandatory for them to create a reserve out of their profits before claiming for investment allowances has been
      208 words
    • Article
      Lock icon Libya warns ships of manoeuvres in the Mediterranean
      292 42 Reuter LIBYA warned ships that they entered the central Mediterranean at their peril because the United States was conducting naval manoeuvres there. 'As a result of the military training carried out by the US Sixth Fleet on March 26 and 27, Great
      Reuter  -  292 words
    • Article
      Shipping diary
      557 42 Feb ft-Apr 20 SFFA Standard Trading CondiHons givaa an ovarall paripactlva of lhaaa con* dltlona, conductad by tha Singapore Freight Forwarders Aaaoclatlon. The Manager, SFFA, 7500 A Beech Roed, #13-314 The Plaza, tel no *****45 Feb 7-Jun 6 See Tranaport covert transport geography, liner and tramp shipping, conducted
      557 words
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      29 27 How to look after AtoiUbk waokty at major STP Distributors bookshops and news-stands For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
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      Page 27 Advertisements Column 2
      19 27 Lines and services represented by /£s®B6&\ Members of the Registry of Accredited Shipping Agents, Singapore National VvJKSdyr/ Shipping Association.
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      Page 27 Advertisements Column 3
      199 27 I BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vcssel/Vov SIN MAA CCU METTE RIIS 02 01/4 07/4 INGER RIIS 01 09/4 16/4 CALL: *****71 (See Pace 13 Column 4). NeSlJni WE GIVE YOU AUSTRALIA Sailing every 8 days to the East Coast Every 14 days to the South West Coast Fast transit
      199 words
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      Page 27 Advertisements Column 4
      177 27 INSIDE Sea Con, Stena and Tiphook AT THE Sea Container's recent annual general meeting in Hamilton, Bermuda, the company's shareholders voted to back the agreed asset sales to Swedish shipping group Stena AB and UK container lessor Tiphook pic. By the end of this month, the financial deals should be
      177 words
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      89 28 Contact telephone numbers (Tanjong Pagar Terminal) Section 1 Section 2 Section 3 Berth telephone Berth telephone Berth telephone C 1—*****20/*****92 C 4 *****24 C 8 *****63 CJN *****20 C 5 *****43/*****45 C 9 *****84 CIS *****92 CSN *****43 CIO *****70 C 2 *****51/*****53 CSS *****45 Cl 2 *****54/*****42 C2N *****53
      89 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2054 29 n i \lllf# 200 Centonment Rotd #12-05 Southpcnt, Sinppore 0208 f Ml 1" TH *****11 TELEX NO RS ***** Hdhr terminal/cfs id *****11 220 I 51k I VAVJ I BOOKINGS Te< *****34 235 M PESAKA JARDINE SHIPPING AGENCIES SON BHD I PORT KELANG TEL *****1S TELEX NO. MA*****/MA***** PENANG TEL
      2,054 words
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      Page 29 Advertisements Column 2
      2112 29 Vaaaal Voy ETA I ETD "Port 'Panang 1 DESTINATIONS Singapore Kalang TMa MI Mmm M Closing Tim* Faadar by JJJj EX SHII^BB U TaDre OAK LOB HCXI MEM ATL MIA CHS BAL PML NYC MOW TOW MARIT M 9004 3/4 4/4 29/3 131/3 21/4 23/4 26/4 27/4 30/4 1/5 2/5
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1035 30 ROTTERDAM/ VOY NO S POflE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENAVON 93/537 28/3 30/3 17/4 19/4 21/4 22/4 24/4 TOKIO EXPRESS 92/536 »/3 23/4 17/4 19/4 18/4 22/4 ▼m AOA HAY 00/540 4/4 6/4 24/4 2S/4 23/4 2W4 1/D iwS «w .a/4 30,. w TOKYO BAY 97/542
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      Page 30 Advertisements Column 2
      662 30 SOUTH PACIFIC SERVICE SIN PO* LAE SUV PPT CAPE MALEAS 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO CAPE MALEAS 25/4 29/5 1/6 4/6 6/6 Ad«nts: Psfsfil/fyMn SINGAPORE: *****00 BOOKINGS: *****08 L fctATfiS 'JKXiS? JOHORE: 07 *****2 X.PENANG: 04-*****7 V I NORTHBOUND TO UKC [S
      662 words
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      Page 30 Advertisements Column 3
      1397 30 P33 smmMmM &smm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA A W l G) ROT) NORASIA AL MUNTAZAH 9004-3 01/04 05/04 17/04 21/04 231)4 25/04 26W 27/04 2MM 29/04 30/04 NORASIA SAMANTHA 9005-3 06 D 4 11/04
      1,397 words
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      1586 31 ~!jgSteamers Maritime Holdings Ltd] PJg.n m IW straits shipping! j mmtn ta Brwwl East Malaysia. I Containers MJF I ACCEPTS DUE SAILS I S port PKlanf S ton H buff DM R'«a« Loti PARCO I ■f MA WON 2MB VVQ3 17/ M 19/04 21/04 22/04 24/04 I TOKtO EXPRESS 2MB
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      Page 31 Advertisements Column 2
      1758 31 TO: EUROPE TO: FAR EAST SP LN ROM HAM BRE FLX STORE HK RAO BU HANJIN OAKLAND 007W 31/3 11/4 MH W 22/4 2W HAJJJjJJ TONCH AEO7?C 11/3 1/4 4/4 10/4 CHOYANC SUCCESS OORW 11/4 1/5 2/5 W 5/5 W HANJIN TONCHAE 073W 14/4 2/5 3/S 4/5 </S 7£ 9/4
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      Page 31 Advertisements Column 3
      328 31 isnnsn STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI COSMIC AMBALIKA MATSUYAMA PIONEER VOY NO. VS3 4 54 Spore 31/3 30/3 10/4 P. Kelang 3/4 Penang Hong Kong 4/4 Yokohama 13/4 Nagoya 11/4 Osaka 9/4 Senboku Kashima Funabashi 'For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS,
      328 words
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      673 32 DJASAGETRI A Joint Europe Sorvlco Ot P.T. UJUUJrr* LLOYD P.T. BESUW LLOYD P.T. SMNWEM MMRM P.T. TRIKORA LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSJjVOY SPOKE N'DAM/ H BURG BREMEN ANTWERP ADAM KUTAI/IM* 31/3-4/4 4/5 1/S 30(5 13/S tP«UANG/2S*B 15-I*4 13/5 17/5 20/ i 22/5 MATARAM/26W8 25-21/4 3* 74 l/«
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      Page 32 Advertisements Column 2
      757 32 HANJIN SHIPPING 3 FULL CONTAINER SERVICE CHOYANC PARK MA. I I fcf fX" KT" s£"" NASK TMGNAf MX n" I N"POMAMG MK CHOYANG PARK 007W 21/3 15/4 16/4 17/4 19/4 20*4 HANJIN ROTTIROAM 007E 5/4 H KUNSAN 0511 4,J i/5 HANJIN OAKLAND 007W 1/4 19/4 20/4 21/4 23/4 24/4 CMOYANC
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      Page 32 Advertisements Column 3
      60 32 TRI-CEL FREIGHT SERVICES PTE LTD 34A, Tanjong Pagar Road Tel: *****02/*****11 Fax: *****54 Tlx: RS ***** Contr Vessel SIN Loading for F.Y. SHAN 09/4 Jeddah, Limassol F.S. SHAN 29/4 Alexandria, Tripoli/Lebanon F.Y. SHAN 09/5 Beirut, Lattakia S. SHAN 10/4 Lagos, Matadi LEUVE/9120E 30,3 Madras EXPRESS CONVENTIONAL SERVICE Vessel SIN Loading
      60 words
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      Page 32 Advertisements Column 4
      1357 32 Jd I I phl scp H*C KSCKU ns m os« tyoml LJW AMWROMFUHKSCP I mo GENTRY m 51/3 4/4 4/4 7M M/ 4 #WWW2*2S^!!I EVER GATHER J? S S W W W fig 2* 2M EVER GRACE «4 I*4 14/4 IU4 2*4 21/4 2*4 274 2S/S S£ M 7J 3/7
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      1175 33 ~mfam pacific international lines (pte) ltd XSSSS&M m mhl P»- Building, 140 CecH Street *****, Singapore 0106. Lessel vov SIN jkt sin vessel voy sin bkk sin DELTA MAS 14M 31/1 2/4 7/4 KOTA SINGA OON 31/3 3/4 7/4 HAJ OUANG 2758 3/4 S/4 KOTA JADE UN 1/4 4/4 S/4
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      Page 33 Advertisements Column 2
      1123 33 i r r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m iLm Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT [SP PK STON HAM B'HAVEN RDAM HAVRE Benavon 28/3 29/3 17/4 19/4 21/4 22/4 24/4 Tokio Express 29/3 23/4 17/4 19/4 16/4
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      Page 33 Advertisements Column 3
      489 33 MYANMA pBBk FIVE STAR UWE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Kelang Penang Bangkok MERGUI V/9BW 23/30 MAR PATMfNvIOOW 25 Mar/1 APR PAGAN V/S4W II MAR 7 APR MYOMA YWA VUSN 21/31 MAR HPAAN VIUW 44 Apr THE BANK LINE (A aervlce of Andrew Weir Shipping) \Vr
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      529 34 >4| IRANIAN SERVICE Singapore Loading lor:IRAN TEYFOURI Barnfa Abbas (National Um Of Maxlca) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKC LI ENSENADA L CAROCNAS S CRUZ MAtUANIILO TOLUCAV-M 30/3 22/4 24/4 21/4 30(4 2/5 MIT At. ¥24 M tfi U/i OAXACA Vl2 11/4 13/5 14/? 11/5 Itfi »S MORCIOS VlO
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      Page 34 Advertisements Column 2
      446 34 |K INTER PACIFIC UMES CCXLTD. Announces a new independent liner service to the South Pacific Islands.The first vessel Suhana will start its monthly service from Singapore on 29 March 1990. Pago Pago 30/4 I I T 4 5 hong kong I r Monthly service to: Apia Western Samoa 1 Pago
      446 words
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      Page 34 Advertisements Column 3
      54 34 SOUTHBOUND ttSSEI VOY OS* MGO YOU HKfi fsIS |n»M 6£T ■API TAN BABIYtYSWY U M/ 03 2M3 27/03 03f14 olfl4 16 IM>4 J0.04 U WW IW 22* W NORTHBOUND VlSSll »OY STOH SPO« HKG OSA NAG YOK 10 SM Std 3103 06«» 16/04 U/04 12(04 11 1619(04 JOO4 21IW OMB
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      Page 34 Advertisements Column 4
      269 34 CCNI# Compart u Chileiu de Navepcion linrrocnnia S.A. TO SOUTH PACIFIC PORTS SIN POM LAE SUV PPT CAPE MALEAS 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO CAPE MALEAS 25/4 29/5 1/6 4/6 6/6 B AG£HTS BORNEO SHIPPING PTE LTD MAS BULDMG 915-03*57 nRffXRH 10
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      Page 35 Advertisements Column 1
      755 35 FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG 1/4 TOKYO 5/4 LE HAVRE 2/4 LAUTOKA —13/4 KEELUNG 1/4 YOKOHAMA 5/4 ROTTERDAM 2/4 SUVA —13/4 MANILA 2/4 KOBE 5/4 UK PORTS 2/4 BANGKOK 7/4 Al istrai IA HAMBURG 2/4 EAST AFRICA BUSAN 7/4 GOTHENBURG 2/4 e HONGKONG -5/4 MELBOURNE -5/4
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      Page 35 Advertisements Column 2
      678 35 NEW ZEALAND/FUI \l' test si —m —=b —!v. W" w r^" Sr™ ms sf^" c, xr"" I N Rouen 3005 l« Pt 31/3 21/3 28/3 3tV3 4/4 17|* W tfi N. Rochester 3006 11/4 14/4 11/4 11/4 13/4 1M 1£ V> 3/5 3fi 4/5 P V N. RosariotfX); 25/4 21/4
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      1161 36 "O* N. AMERICA-ATLANTIC COAST BhM|U| VOY 'IN DO 'PK/PNG fsGP LB CHLS NFK NYC HFX OOCL FAIR 19 28/3 29/3 31/3 23/4 3/5 5/5 7/5 U/S RAINBOW BRIOGE 23 2/4 3/4 5/4 28/4 8/5 10/5 12/5 16/5 OOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 19/5 23/5 OOCL FAITH
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      Page 36 Advertisements Column 2
      726 36 lETD SIN (1 DAY) HIOAY) HI DAY) mirci**! V I 30/03/90 PORT KELANG PENANG BANGKOK VICTOR ■■A. TWICE/WKLY BOOKING CONTACT w H ETD SIN (3 DAYS) +(2 DAYS) ♦(1 DAY) w 01/04/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY ETD SIN (6 DAYS) Ml DAY) ♦(4 DAYS) SOONHOCOOTACT „"1 I 03/M/90
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      Page 36 Advertisements Column 3
      217 36 Continental Pacific Cfisaisslaara snipping r j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR TAIPAN Sid Sid ROM/ANT/RUfUK ARTEMISION Sid SETE/ROM/ANT/FIU/UK BYRON V 774 12/4 16,4 ROH/ANT/aU/UK Loads Sabah Indonesia MULTIPORT AGENCIES (S) rfCh PTELTD f TEL: *****77 FAX: *****31 MfJ/ P.K. MULTIPORT SON BHO. TEL: *****09
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      Page 36 Advertisements Column 4
      675 36 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTO 1 23, Talofc Aycr Street SINGAPORE 0104 1 TEL: *****00 (10 LINES) Fa*: *****04 STRAITS/PERSIAN GULF SERVICE: V S'pore P. Kelanf Penang GOLDEN MAVtN Cotomta/KaradM/Duba! U Apr QOLOCN BLAR Cofambo/KaradH/Oubai 20/20 Apr CHINA SERVICE A VESSEL Hnkou 30/31 Ob' OAI YUN SHAN Hwangm
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      Page 37 Advertisements Column 1
      1542 37 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK-*****18 am USA-*****16, FAR EAST-*****48 Documentation: *****44/*****14 flw Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 Mi EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 (VIA 'I_. kvrmTvsLvOV PEN PEG SCR MOTHER VSL/VOY 9GP LEH TLX
      1,542 words
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      Page 37 Advertisements Column 2
      1111 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Tele* Numbers RS 2L3BOJRS ***** RS ***** ■rain HAI THONG SHIFTING 127 PeneneStreet, Psnent Mateysu ME HANOLINC SYSTEM CO *<0 SSS ZiZL TTUSffSshjtiS 6MRB w'jwJSS
      1,111 words
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      456 38 HM;a«UI*rt .EB DEUTFAACHT SEEREEDER& POST' DSR LINES VEB DEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND I. THAELMANN 21% RUEBELAND 21% W. ULBRICHT 4flO T. WEN OA 5W •VIA UUWACA. ACCEPTIR8 CAKO FOR LII4ASSOL, BEIRUT. IATTAAIA, ALEXANDRIA, QQQQO poaDQi LIMASSOt, BflRUT. IATTAKIA,
      456 words
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      Page 38 Advertisements Column 2
      1029 38 ————H I UKC COWYPmONAL lOVKI Vttul P KLG PNC PC Lu4i«( tar TONGCHUAN I*l iotUfiwAntwp YANGCHUAN 2*4 Bo«tart»m/Anhwrp CHINA rtILL COWTAIWKM MM VICT VMMI PKL PNC SPORE BKK HKC SMA QIN LYC WEI HE SO 27/3 2*3 31/3 *4 I*4 YANC FANG KOO 125 31/3 2*3 *4 11/4 I*4 W*
      1,029 words
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      Page 38 Advertisements Column 3
      275 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 29.3.90 30.3.90 PANJAN6/PK. BALAM NAGA JAVA 28.3.90 31.3.90 PANJANG LAMPUNG JAYA 29.3.90 30.3.90 SEMARANG/PANJAN6 PINANG JAYA In Port 29.3.90 PANJAHG/PK BALAM PtRITA JAYA In Port 30.3.90 PANJANG/JAKARTA ABACI JAYA 3.4.90 4.4 90
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      Page 38 Advertisements Column 4
      542 38 v 1 VicA POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :'B/4, 13/4, 22/4, 29/4, 12/5, 16/5 leurope I :To all inland points:
      542 words
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      Page 38 Advertisements Column 5
      451 38 ASEAN PORTS Nrow Hock Agency Co Ltd BKK (Tel: *****80) bw i -aS~i VESSEL VOY SINGAPORE BANGKOK ■AHA WUli 0» WaO In W Srt Hfl MEKHANIK KURAKO Qgfl WaO In H Srt M/ 3 SHI BHUM 441N Thur 28/3 Sun 1/4 PIYA BHUM aw Sat 31/3 Tu* V* JIRA BMUM
      451 words
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      Page 39 Advertisements Column 1
      1104 39 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTQ A VSL 5/4 A VSL I 8/4 A VSL 3/4 9/4 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 7/4 CTG/MONGLA ETA S'PORE LOADING FOR M V ALRAZI 30/4 UMMQASAR/BQD si i EAST MALAYSIA SHIPPING EMT. (PTE)
      1,104 words
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      Page 39 Advertisements Column 2
      230 39 ipMH /itiHftoil i tmi fj Fthiooil) ACCEPTING FCL AND CONVENTIONAL VESSEL 1 VOY ETA iLOAOtNO FOR SPORE AND4NET XVO4 DARESSALAAM MOMBASA. DJIOOOTI ANCMNET IWB assab massawa hoocioah ABBAY WOHZ 24W8 26/06 DARESSALAAM. MOMBASA. MOOUT' ABBAY WON/ ASSAB. MASSAWA HOPE 10AH KIEN HUNG LINE FULLY CONTAINERISED F "t'J?. l ?Ju Y
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      Page 39 Advertisements Column 3
      601 39 tafc-PT. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE, INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PRELUDE
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      Page 39 Advertisements Column 4
      648 39 I 'I' Ml BAY OF BENGAL SERVICES MADRAS CALCUTTA ff»£LS WT SIR MAA SIM METTE RIIS 02N90 01/4 (7/4 13/4 METTE RIIS 03N*> 13/4 19/4 25/4 MEETE RIIS 04N» 25/4 31/4 06/5 METTE RIIS 05N*) 06/5 12/5 11/5 VESSELS VOY SIN CCU SIN INGER RIIS 01W0 Sid 02/4 01/4 INCER
      648 words
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      Page 39 Advertisements Column 5
      376 39 TO AUSTRALIA/NEW ZEALAND «L |tl^wr«|F'— dipfc»i»m|»*wr |0»m*« 5S m ISJ aS m ~H ujs C VUOUK M~ BM W M sj» S5 *W Aummnw ufl lis an Si TNT EXMttSS M ~~7* 1M M MA 9* IP U DATS TO MELBOUBMB TO USA/CANADA Vtt iTinpun |W. Ortmw [Clwrtwf |w5555 IHHHm
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      Page 40 Advertisements Column 1
      733 40 rsgt r uurMTii Ww COMPANIA PERUANA nCmL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO' OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Ktlang Singapore I MURRAYEVERETT 3/5 Apr 6/7 Apr KAMALEVERETT 20/22 Apr THOMASEVERETT 26/21 Apr "EVERETT ORIENT
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      Page 40 Advertisements Column 2
      593 40 W«t Coast. Cirrtbto—n.E*«t Canada, HAITI GuatwJa end HonAtrt* tS'PQRE IBAINLINER )LAX IKST {SAV NYC 4TX_ A VESSEL n/3 DM HONGKONG ZM 'ff BS SB U5 pvssr ,3: SKSS .3? f A. VESSEL 11/4 ZM PUSAN lift W I?|J B/5 W r* ZIM AUSTRALIA CONTAINER SERVICE VESSEL S PORE I STO
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      Page 40 Advertisements Column 3
      760 40 SING KWANG HANGI WWW 4 TNAMKMITATION (rr«) ITO I WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 4/4 7/4 JENWEL I 214 VESSEL S PORE BANGKOK A VESSEL 31/3 3/4 A VESSEL 7/4 10/4 DESTINATIONS ETA SINGAPORE PORT KELANG 30 MAR MANILA 2 APR HONG KONG. ALL CHINA PORTS
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      Page 40 Advertisements Column 4
      489 40 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PRASE TIA 79A In Port 31/3 PELOPOR 935 31/3 03/4 PRASETIA 81A 04/4 07/4 PELOPOR 936 7/4 10/4 TANTO UTAMA 65 04/4 07/4 TANTO UTAMA 67 11/4 14/4 TANTO UTAMA 69 18/4 21/4
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      Page 40 Advertisements Column 5
      441 40 hm mjm 1/4 KEELUNG/KAOHSIUN6 1/4 BANGKOK 1/4 MANILA 31/3 JAKARTA 30/3 PORT KELANG/PENANG 30/3 BUSAN 31/3 TOKYO/YOKO/KOBE 2/4 HONG KONG also accepting cargo to Huangpu/Shenzhen Fuzhou Xiamen/Xingang/Shanghai l!H IfiMfUl 1/4 LDN/FLX/LVP/SOU 1/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgana/Czech. SIN MA/CAMAIA 6/4 L.A./NYC/SFO 6/4 VANCOUVER/TORONTO/MONTREAL SIN AIIIHALIA/HEW ZEAIAW
      441 words
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      87 41 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEL/VOY SPORE SURABAYA JAKARTA PERM AI I 0033-033 2/4 5/4 7/4 PERMAI I 0034-034 10/4 13/4 15/4 PERM AI I 0035-035 18/4 21/4 23/4 PERMAI I 0036-036 26/4 29/4 1/5 r LAS AIREXPRESS SERVICES LTD Seafreight Service to serve you better For oil your Air Sea
      87 words
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      Page 41 Advertisements Column 2
      166 41 JSSm, ye t MffPM SON. BND. G135 TEL; 2W7 TLX; ***&*< OS-Z372* ZXC W-y* SIN MSJA/HPU SHAI YZC an 7(4 SIN KIA/MAIKOU 4 SHCNTOU XIAMEN SA 1-7/4 PK SNVX6 DIN XPG S-.O E. MSIA/HKG SHAI YYI2 5-10/4 MSI A/INDIA CTC Atoo AowpMng Cflo lo O«Mr CMm Port* On Cjom Mucamant.
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      Page 41 Advertisements Column 3
      435 41 VSL DESTINATION ETA SIN SIRI BHUM V44IN BANGKOK »3 PIYA BHUM V2UM BANGKOK 31/3 CMAIYA BHUM V.O2N BANGKOK 2/4 MAMA BHUM V 03N BANGKOK 4/4 SO ORIENT IJR CEBU. MANILA 2,4 AKA BHUM 14S CEBU, MANILA M VIRA BHUM V.71 CMITTAGOMG. MONGLA 30 3 0 SINCERITY Z2A KARACHI. BOMBAY 06
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      Page 41 Advertisements Column 4
      498 41 P LCL/FCL SERVICE TO/FROM Oft KL: allied-LINK SINGAPORE: /9T^\ Sffiflr 04-*****2 *****8095 778 6522(22 lines) (SEEK \M MM Om* Smm NttCßrtaMM CMm Ate. TnlMk Y« I I Straits Container Agencies (a member of Steamers Maritime HoMinp Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 9007 28/03 31/03 DELTA
      498 words
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      Page 41 Advertisements Column 5
      275 41 I VESSEL SM ra DOM MY LONDON BRIDGE VOYOSW 07/04 18/04 23/04 26/04 OHFU VOYOSW 19AM 30/04 06/06 OMIT ALS PROSPERITY VOYIOW 29AM ICVO6 2V06 OMIT Accepting FCL tor Johann—burg VCMKL RSY DM PTL SM CHORJ VOYOSE 18/03 19/03 24/03 03/04 h ALS STRENGTH VOYO6E 01/04 OSAM 10AM 2<VO4 ALS
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      925 42 EXPORn^^^^ UK/CONTINENT (TRIO) knavon |»r p *5* |u)r iSr 1 sir" £T w 5-2: SSb t rt Stort o '"'HHlH msr m g|i SJ |s=sr ;?r«—. HAMUHC BNta SM :«< *M w 2M sasTtr 0 i 3 MEDITERRANEAN MED CLUB)* JEDDAH BUPMi lirmfmril Pintw B'cttana M'wHltt Gtnot Trittti bcmawoai 7R.3
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  • Page 42 Miscellaneous
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      Page 42 Miscellaneous Column 1
      157 42 Regional Weather ;V r A <V' -<ag 1 m > IB x sxV V* Mi ILU mvfm SIGNIFICANT WEATHER AND SEA CONDfTIONS AT 0730 HOURS ON MARCH 2S. C^' Wind dwection with speed m knots Wove height LEGEND: R Temperature c X\ Weather Wmd direction with speed m knots ,n
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