The Business Times, 2 April 1990

Microfilm: NL16971
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (1>) 170/12/89 Monday April 2 1990 75*
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  • NEWS SUMMARY
    • Article
      EC anti-dumping inquiry into thread imports
      42 1 THE EUROPEAN Commission is opening an anti-dump-ing inquiry into imports of polyester thread from five Asian countries and Turkey. The imports involved from South Korea, Taiwan, Indonesia, China, India and Turkey totalled US$BO million in 1988.
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    • Article
      Guidelines for insurers
      31 1 THE MONETARY Authority of Singapore has prepared draft guidelines for the supervision of investment-linked life insurance policies expected to be launched in the next few years Page 2
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    • Article
      Strata attraction
      24 1 STRATA-TITLED offices are becoming more attractive as an option for small and medi-um-sized investors, in spite of rising sale prices Page 2
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    • Article
      Seeking green light
      26 1 THAILAND'S Transport and Communications Minister will seek the approval of the Cabinet to finance the construction and upgrading of five airports Page 8
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    • Article
      Clampdown on exports
      24 1 TAKING emergency measures, the Soviet Union has clamped down on the export of consumer products to stabilise *he market Page 9
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    • Article
      Lower profits likely
      27 1 US COMPANIES are expected to show c ,narply lower firstquarter earnings, but there will be 2 :..ow recovery in the second quarter Page 10
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    • Article
      High note for fans
      32 1 LAST FRIDAY'S SSO concert ./«th soloist Oxana Yablonskaya opened on a bullish note but drifted lower to close below the evening's high, reports P Y VAN Page 17
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    • Article
      Terminal deal
      32 1 LOCAL FIRM Coastal Bunkering Services is finalising the purchase of a 800,000-barrel storage terminal at Long Beach, a major bunkering port on the American West Coast. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Sesdaq listing
      32 1 PAN PACIFIC Publications Ltd is seeking a listing on Sesdaq through a public offer of 7.20 million new shares at 60 cents each to raise about $4 million Page 3
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    • Article
      Amcol tradition
      25 1 AMCOL HOLDINGS has kept up a four-year tradition of a bonus issue in spite of a $1 million drop in profitability Page 3
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    • Article
      Record profits
      29 1 TRADING GROUP Inchcape Bhd has posted record profits for 1989 and announced final and special dividends that bring the year's distribution to 75 per cent Page 3
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    • Article
      Windfall for Sim Lim
      27 1 THE INDONESIAN Summa group's purchase of Visia Finance in Malaysia could mean a Mss million windfall for lo-cally-listed Sim Lim Investments Page 4
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    • Article
      Nikko finds niches
      27 1 JAPANESE brokerage house Nikko Securities is setting up two new units in Singapore to provide venture capital and international capital management activities Page 7
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    • Article
      G-7 coordination
      26 1 THE G-7 finance ministers and central bank governors are meeting yet again this Saturday, possibly for a new round of policy coordination. Page 25
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    • Article
      CURRENCIES
      21 1 Exchange rates USS S$l.8845 Yen (100) SSI.I935 MS SS0.6904 Money market rates Overnight 6 3/16% +2/16 3-month 6 5/16% unch
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    • Article
      COMMODITIES
      29 1 Rubber S'pore April. !54.25'/kg +1.25 VTsia April... 226.00«/kg +0.50 KL Tin Turnover 108tonnes -167 Spot M$l7.78/kg +0.34 Crude palm oil futures Turnovcr 934 lots -665 April M$680/tonnc +3
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 785.34 -5.64 Kuala Lumpur .3,052.24 -19.59 Hongkong 2997.98 -2.54 Tokyo 29,980.45 -1,045.71 Sydncv 1,534.6 -11.2 Nonv York 2,707.21 -20.49 London 2,247.9 -15.1
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  • Article, Illustration
    Listing of Indonesian shares not ruled out
    540 1  -  From William Chia in JAKARTA INDONESIAN companies can list their shares on the Stock Exchange of Singapore as long as the SES does not insist on reciprocity, said Mr Marzuki Usman, chairman of Indonesia's Capital Market Executive Agency (Bapepam). Mr Usman, who is
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  • Article, Illustration
    HK jeweller has big local plans
    397 1  -  By Lilian Ang LEADING Hongkong-based jeweller Tsc Sui Luen (TSL) is on an expansion blitz which will see it beefing up its Singapore operations and seeking a listing on the main board in two to three years. For a start, the ambitious company has
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  • Article
    Lock icon KL may lose GSP privileges if copyright issue not resolved
    410 1 Bernama MALAYSIA, which still remains under the United States Trade Representative's "watch list", is in danger of losing its trade privileges with the US if nothing is done to conclude the US-Ma-laysia copyright agreement, a US official said in Washington.
    Bernama  -  410 words
  • Article
    Document for open aviation market being prepared
    446 1  -  From Shoeb Kagda in PHUKET A WORKING document to pave the way for an unrestricted aviation marketplace is expected before the end of the year. Dubbed a mini-Gatt (General Agreement on Tariffs and Trade), the document will spell out conditions under which some
    446 words
  • Article
    Lock icon ADB to resume lending, says Beijing banker
    161 1 Reuter THE ASIAN Development Bank (ADB), which halted new loans to China after a crackdown on unrest last June, is to resume lending soon, a senior Chinese central bank official has been quoted as saying. The China Daily also quoted Chen Yuan, vicegovernor
    Reuter  -  161 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      291 1 r iitmi l Mad* in W*«t Owimnv King of shoes towM MtMo Yat Wang Pt« Ltd Ttl:»4M2lFai:mS]7S DIFFERENT ROUTES TO FREEDOM 12 DECLINING FAMILY BUSINESS 13 THE EXECUTIVE WOMAN 14 Aircraft Schedule 27 Market reviews 23 World Stock Markets 24 Arts 17,19 Money Changer Rates 27 Commodities 26 Money Market
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      Page 1 Advertisements Column 2
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      117 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Vehicle quota: first tender begins today
        134 2 THE FIRST tender exercise under the new vehicle quota system starts today. Bidding for a total of 14,000 certificates of entitlement for vehicles will close at noon on April 11. Under the system, an individual may bid for a Certificate of Entitlement either on
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      • Article
        URA assurance on CHIJ site
        100 2 THE CONVENT of the Holy Infant Jesus (CHIJ) premises in Victoria Street will be carefully restored to maintain its "peaceful serenity and haven-like ambience." At a press conference on Saturday, the Urban Redevelopment Authority (URA) said that the site, comprising a chapel and three other
        100 words
      • Article
        NWC seeks views on guidelines
        106 2 THE National Wages Council is seeking the views of the public on its wage increase guidelines and whether these announcements should be made in November instead of May. The chairman of the council, Prof Lim Chong Yah of the National University of Singapore, said in
        106 words
      • Article
        Dr Chiang now envoy to Egypt
        88 2 A FORMER Singapore Ambassador to the Soviet Union, Dr Chiang Hai Ding, has been appointed Singapore's Ambassador to Egypt. The 51-year-old diplomat served in the Soviet Union for four years until last year, with concurrent accreditation to Bulgaria, Hungary, Poland, Romania and Finland. Dr
        88 words
      • Article
        Understanding other cultures
        102 2 THE FIRST Deputy Prime Minister, Mr Goh Chok Tong, said Singaporeans must take the time to understand each other's cultures. Only in so doing can the people appreciate the rich and diverse cultural heritage of each community and become "more Singaporean". This would not be achievable if
        102 words
    • Article
      MAS drafts guidelines for investment-linked policies
      371 2  -  By Soh Tiang Keng THE Monetary Authority of Singapore has prepared draft guidelines for the supervision of investment-linked life insurance policies expected to be launched here in the next few years. An MAS spokesman told BT yesterday that the aim of the guidelines is
      371 words
    • Article, Illustration
      Regent Motors optimistic about sales
      341 2 REGENT MOTORS, which signed the Leyland DAF franchise in the middle of last month, is confident of becoming a major player in the local market for heavy vehicles and buses. The motor dealer arm of Sime Darby Singapore got off to a good start with
      341 words
    • Article
      Strata-titled offices giving good returns
      362 2  -  By Genevieve Cua STRATA-TITLED offices are becoming more and more attractive as an option for small and medium-sized investors, despite rising sale prices. According to Jones Lang Wootton, prices of strata-ti-tled offices in the Central Business District have generally risen by 75 per cent over
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    • Article
      SGH urged to be leader in research too
      164 2 THE SINGAPORE General Hospital, as the leading hospital and tertiary medical centre in the Republic, should not just be a leader in serv ice but also research, said Dr Kwa Soon Bee, Permanent Secretary (Health) and director of medical services, yesterday. "Our
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      36 2 U I i 11sense jm B^a^B 1 Jr Hlfcitjßr^^ -1* m W v brSV m Jr s' m "*OJmM 9IV t^P^pßHß|M| V.<« am#V ibH ♦xEJJfi jflfl Sot tj»iW Snw»p«v and Sialaki*ia: *-H_ 9Qk S»n tpl-al I'hr
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      Page 2 Advertisements Column 2
      84 2 THE SCOTTISH COUNCIL DEVELOPMENT AND INDUSTRY 13 British Companies will be in Singapore this week seeking trade and investment opportunities. Sectors covered include: Building and Civil Engineering Construction and Management Fabrics Dairy Produce Jewellery Online Database in the fields of Science and Technology Packaging and Filling Machines Paper for Industrial
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      MARKET SUMMARY 1
      458 3 Mar 26 Mm 27 Mar 28 Mar 29 Mar 30 'BTCompI 1380.14 1378.50 1373.24 1366.16 1356.54 BT-MGA 6 799.80 799 20 797.89 791.21 785.34 STIndsl *****8 1607.12 1605.16 1594.21 1581.08 BT OB/OS 10 +110 +129 +31 -115 -152 BT CADI II -5283 -5319 -5284 -5472 -5510 BT
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    • COMPANY BRIEFS
      • Article
        Gleneagles buys into 3 companies
        165 3 GLENEAGLES INTERNATIONAL Pte Ltd, a wholly-owned subsidiary of Parkway Holdings, recently gained three new subsidiaries through the subscription of shares. The acquisitions are a 51 per cent stake or 12,750 shares of $1 each at par for cash in Thermal International (S) Pte Ltd; a
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      • Article
        Nod for SPP transactions
        83 3 SHAREHOLDERS of SPP Ltd have approved and ratified the sale and purchase agreements valued at $5.3 million with Huntsmen Offset Printing Pte Ltd. The agreement is for SPP's sale of No 2 Fan Yoong Road to Huntsmen at $5.3 million to be satisfied by the purchase
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    • Article
      Acma posts after-tax loss of $8.19m
      242 3 REVERSE takeover target Acma Electrical Industries slipped further into the red in 1989 due mainly to increased business costs, the strong Singapore dollar and keen competition from imported products. For the year ended Dec 31, 1989, Acma turned in group after-tax loss of $8.19
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    • Article
      Steamers to acquire 80pc of Kapal
      109 3 STEAMERS MARITIME Holdings Ltd plans to acquire 80 per cent of Kapal Management (Pte) Ltd for $2.54 million in a move that will expand Steamers' mari-time-related services. Steamers will satisfy the purchase consideration by issuing 1.51 million new shares at 20 cents each. Steamers
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    • LATEST RESULTS
      • Article
        Bonvests Holdings Ltd
        139 3 BONVESTS HOLDINGS Ltd booked group after-tax profit of $8.12 million for the year ended Dec 31, 1989, 53.9 per cent more than 1988's $5.28 million. Turnover more than doubled to $169.10 million ($79.28 million). Directors said the two-fold rise in pre-tax profit to $15.79 million ($5.39 million)
        139 words
      • Article
        SPP Ltd
        132 3 SPP Ltd's results for the year ended Dec 31, 1989, was severely affected by substantial losses incurred by its construction division on two major contracts. Turnover fell by a quarter to $47.54 million ($63.81 million) leading the group to make a pre-tax loss of $2.08 million compared with
        132 words
      • Article
        Tuan Sing Holdings
        125 3 TUAN SING Holdings' performance in 1989 was badly affected by results of 61.5-per-cent owned subsidiary SPP Ltd. Tuan Sing made group after-tax losses of $880,000 compared to a profit of $784,000 previously for the year ended Dec 31, 1989. Pre-tax loss amounted to $998 million from a
        125 words
      • Article
        Hotel Royal
        117 3 HOTEL ROYAL posted group after-tax profits of $749,000 for the year ended Dec 31, 1989. after making a $885,000 after-tax loss previously. Turnover rose some 20 per cent to $7.99 million ($6.67 million), while pre-tax profit was $1.40 million compared with pre-tax loss of $879,000 the year before.
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      • Article
        ANA Hotels
        95 3 ANA HOTELS reported a net profit of $457,600 for the year ended Dec 31, 1989, after making a loss of $3.69 million previously. Turnover improved 31.7 per cent to $34.49 million ($26.19 million). The company said occupancy for the current year could be affected by a major renovation
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    • Article
      Pan Pacific Publications seeking Sesdaq listing
      516 3  -  By Abdul Hadhi BOOK PUBLISHING and retailing company Pan Pacific Publications Ltd is seeking a listing on junior share market Sesdaq through a public offer of 7.20 million new shares at 60 cents each to raise about $4 million. The first Sesdaq listing this
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    • Article
      Amcol proposes 1-for-2 bonus issue despite lower profit
      281 3 AMCOL HOLDINGS has kept up a four-year tradition of a bonus issue despite a $1million drop in profitability. For 1989, Amcol directors have proposed a one-for-two bonus issue, the same as 1988. They had proposed a one-for-10 bonus in 1986 and 1987.
      281 words
    • Article
      Inchcape's total dividends to hit 75pc
      399 3  -  By I Andrea Borch TRADING GROUP Inchcape Bhd has posted record profits for 1989 and announced final and special dividends that bring the year's distribution to 75 per cent. The group's profit before extraordinary items improved 38 per cent to $83.62 million from $60.70
      399 words
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      Page 3 Advertisements Column 1
      514 3 boardroom table; holding a microphone in your hand on a /stage; addressing a small group in x. a training room; standing at a podium n. in an auditorium..." PUBLIC SPEAKING TECHNIQUES FOR CEOs As a CEO, you face special demands. And when you from CEOs because it doesn't just tell
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Lock icon Resorts World to spend M$450m on Genting
        116 4 Bernama RESORTS WORLD Bhd (RWB) will embark on a threephased Ms4so million development project to upgrade and expand its resort facilities in Genting Highlands Resort. Chairman Tan Sri Lim Goh Tong said in Kuala Lumpur at the weekend that the project would include
        Bernama  -  116 words
      • Article
        Selangor Properties
        80 4 SELANGOR PROPERTIES has reported a 10.4 increase in group after-tax profit to M 54.27 million for the year ended Oct 31, 1989, on the back of an improved property market. Pre-tax profit was up 5.8 per cent to M 57.61 million and turnover was 2.72 per cent up
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      • Article
        Lock icon Bridgestone optimistic
        96 4 Reuter JAPANESE tyremaker Bridgestone Corp said it sees group net profit rising to 20 billion yen in calendar 1990 from 9.64 billion in 1989. It projected current profit at 110 billion yen in 1990 (110.33 billion in 1989) on estimated sales of 1.80 trillion, up from 1.69 trillion.
        Reuter  -  96 words
      • Article
        Lock icon D&C wary of foreign share buyers
        111 4 Bernama DEVELOPMENT and Commercial Bank Bhd (D&C Bank) chairman Khoo Eng Choo says the bank is keeping a close watch on market transactions of its shares and will consider amending its articles of association to limit foreign shareholding if the situation warrants that such
        Bernama  -  111 words
      • Article
        Lock icon JAL orders 20 MD-11 aircraft
        94 4 AFP JAPAN Airlines Co Ltd has ordered 20 aircraft from McDonnell Douglas Corp of the US for US$2.2 billion but said the decision was not based on political factors. The company said it had submitted firm orders for ten MD-11 aircraft to be delivered in
        AFP  -  94 words
      • Article
        Lock icon Hoechst, Kasei extend ties
        63 4 Reuter HOECHST AG said it had agreed to extend its cooperation with Mitsubishi Kasei Corp to include emulsive dyestuffs. The new agreement, due to take effect on July 1, will extend the activities of the two companies' 50/50 joint venture company Kasei Hoechst Co Ltd, formed
        Reuter  -  63 words
    • Article, Illustration
      Summa's purchase could bring windfall to SLI
      424 4  -  By William Chia THE INDONESIAN Summa group's purchase of Visia Finance in Malaysia could mean a Mss million windfall for locally-listed Sim Lim Investments (SLI). This is because SLI, which is 77.23 per cent owned by the Summa group, has a 25 per
      424 words
    • Article
      Lock icon Batu Lintang seeking KLSE relisting
      294 4 NST BATU LINTANG Rubber Company Bhd hopes to have its shares requoted on the Kuala Lumpur Stock Exchange by the middle of the year and to return to the black in the financial year ending Sep 30, 1991, if its restructuring scheme is approved. The
      NST  -  294 words
    • Article
      Lock icon ANZ and National Mutual Life seek approval to merge
      312 4 AFP TWO MAJOR Australian financial organisations have launched a bid to merge and create a massive financial group worth Asl7o billion (US$l2B billion), Treasurer Paul Keating said on Friday. The ANZ Banking Group Ltd has sought permission to merge with National
      AFP  -  312 words
    • Article
      Lock icon Japanese investors to continue focus on Europe
      542 4 Reuter JAPANESE corporate and institutional investors will continue to focus on Europe in the new financial year which started yesterday, while carefully watching developments in the foreign exchange markets, say Japanese finance and industry officials in London. Japanese interest in establishing manufacturing and
      Reuter  -  542 words
    • Article
      Lock icon Genting allowed to sell Burswood stake
      168 4 Bernama GENTING International Ltd said on Friday that the Western Australian government has agreed in principle that its wholly-owned subsidiary, Genting (Western Australia) Pty Ltd, could sell its interest in Burswood Property Trust (BPT) the owner of Burswood Resort Casino in Perth to Victoria
      Bernama  -  168 words
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      Page 4 Advertisements Column 1
      361 4 WHERE ELSE COULD YOU WIIHIIHMII MEET 7 KEY PROSPECTS j Information on Exhibiting at: IN 1 MINUTE? D miconductor In Asia-Electronics '90 It s true! Over the four A concurrent technical j Details on the Call-For-Papers at business-packed days of the last conference, "Electronics and i the Technical Conference. I/My
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      228 5 4 4 Does tlie word priority mean tlie same to your liaiile as it Joes to you? >:i At tke GitiGold Priority Services Center In fact, whatever is important to you. lias a meaning all its own. And you enjoy all tkese privileges fit And it applies to privileges. In
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  • INTERNATIONAL COMPANY NEWS
    • Article
      MARKET SUMMARY 2
      60 6 NEW YORK Mar 30 laditts Close Previous Net Change Dow Jones 2,707.21 2,727.70 -20.49 NYSE Financial unav 187.17 Standard Poor's 500 339.94 340.79 -0.85 Turnover (million) 140.0 132.2 +7.8 LONDON Financial Times 30 1,768.7 1,781.2 -12.5 FTSE 100 2,247.9 2,263.0 -15.1 Turnover (million) 453.7 435.2 +18.5 PARIS
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    • COMPANY BRIEFS
      • Article
        Lock icon UTA profits lower due to labour disputes
        116 6 AFP PROFITS of Union des Transports Aeriens (UTA), the independent air carricr recently acquired by Air France, fell by around two-thirds in 1989, to 243 million francs (US$42 million) due to repeated labour disputes, the company said in Paris on Saturday. Earnings in
        AFP  -  116 words
      • Article
        Lock icon 'Shut down Eastern Airlines'
        133 6 Reuter CREDITORS of Eastern Airlines have told a federal bankruptcy judge they want to shut down the company and sell its planes, routes and leases, the Washington Post reported on Friday. Eastern's unsecured creditors met US bankruptcy Judge Burton Lifland on Wednesday in a closed-door session
        Reuter  -  133 words
      • Article
        Lock icon Higher profits seen at new firm
        94 6 Reuter THE NEW Swedish company formed by the planned merger of AB Volvo's food and drug units with Procordia AB would have higher profits in 1990 than in 1989 on a proforma basis, Procordia said in Stockholm on Friday. "The new Procordia can despite
        Reuter  -  94 words
    • Article, Illustration
      Lock icon Bayer cautious about East German investments
      403 6 Reuter MAJOR chemical group Bayer is negotiating cooperation agreements with two East German firms, management board chairman Hermann Stronger said last week. Bayer, which revised down its 1990 results forecasts, has also expanded its sales office in West Berlin, and earlier this month it
      Reuter  -  403 words
    • Article
      Lock icon KIO agent buys key Spanish TV stake
      268 6 Reuter JAVIER DE LA ROSA, the Kuwait Investment Office agent in Spain, has bought the 25 per cent stake in private television channel Telecinco held by publisher Grupo Anaya, Telecinco said on Saturday. Mr De la Rosa's purchase puts an end to a
      Reuter  -  268 words
    • Article
      Lock icon Dutch group bids for UK paper firm
      132 6 AFP DUTCH PAPER and office equipment group Buehr-mann-1 etterode has launched a friendly £154.1 million takeover bid for British group Robert Horne. The move will create one of Europe's leading paper distributors, adding Robert Home's operation to Buehr-mann-letterode's existing printing paper retail interests
      AFP  -  132 words
    • Article, Illustration
      Lock icon Pearson sees rise in Alton Towers profit
      405 6 AFP PEARSON PLC, the UK publishing to merchant banking group which on Friday agreed to buy Alton Towers theme park, is confident it can quickly reap good profits from the business. "Alton Towers' assets alone are worth over £60 million, and in coming
      AFP  -  405 words
    • Article
      Lock icon Chips no longer down for Motorola
      252 6 NYT A US FEDERAL judge temporarily lifted his own order on Friday and allowed Motorola Inc to continue to sell a vital computer chip that serves as the core of computers made by several US manufacturers. The granting of a stay by Judge Lucius
      NYT  -  252 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      85 6 executive loan aspirations become reality vi iiiiaJ As an you the the place for IB] or your When to your your why we make C ML for you p.v, defray ___other Whenever you Y° u are 3 or the Loan is open to Your comes with Jjljy many extras Find
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      Page 6 Advertisements Column 2
      144 6 I frsHfP»MC4. FRENCH (mftIUQN Straight from the garden of France comes these unique French CavaWon Asparagus. B Tender and succulent, you'll find this delightful vegetable at the Manhattan Grill of the Boutevart Hotel V I from 23rd March toBth April 1990.,; m I A wholesome vegetable of the white variety,
      144 words
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  • FINANCIAL NEWS
    • Article
      Nikko setting up venture, fund management units
      333 7  -  By Quak Hiang Whai JAPANESE brokerage house Nikko Securities is setting up two new units in Singapore for venture capital and fund management activities. In addition, the Nikko group is also keen to apply for membership of the Stock Exchange of Singapore. The
      333 words
    • Article
      Quotation of Singapore Government Stocks as at Mar 31, 1990
      388 7 Number Gross liaturHw Yaar Coupon Amount of days of rsdamptlon ralwd <*") accrlsd (•"ludUjg <%pa) datas mtarast J®""* pa) Intarast) 15.4.87/90 Loan 1 1972 5 3/4* 12.77 15/4 15/10 167 100.00* 5.75* 1.590 N2881 OOF 1988 33/4# 420.00 1/5 1/11
      388 words
    • Article
      Lock icon Exchange rate plan by Bundesbank sparks row in Bonn
      297 7 AFP A BUNDESBANK recommendation that holdings of East German ostmarks should be exchangeable at a rate of two ostmarks for one dcutschemark in German monetary union sparked a controversy in West German Chancellor Helmut Kohl's centre-right government last Saturday. West German
      AFP  -  297 words
    • Article
      Lock icon E German bank reveals problems
      192 7 Reuter EAST GERMANY'S State Bank released its once topsecret annual report for the first time last Thursday, detailing in dry language and hard figures the economic chaos produced by 40 years of Stalinist mismanagement. The 1989 annual report showed how East Germany's production had failed
      Reuter  -  192 words
    • Article
      Lock icon Fed to continue high rate policies
      161 7 AP FEDERAL Reserve policy makers decided at their February meeting to continue high interest rate policies to keep inflationary pressures under control, according to minutes released on Friday. The federal funds rate has remained steady at 8.25 per cent since the Fed permitted it
      AP  -  161 words
    • SMALL CHANGE
      • Article
        UOB sets up retail bank unit
        98 7 IN A BID to capture a bigger share of the loans market* generated by the small and medium sized enterprises, the t United Overseas Bank has set up a retail banking unit to cater specially to the needs of such firms. Mr Yeo Eng
        98 words
      • Article
        Bulgaria suspends payments
        40 7 BULGARIA said last Friday it has suspended principal pay-». ments on its US$lO billion in external debt. The government called the suspension a temporary measure designed to give it breathing room while it institutes broad economic reforms.
        40 words
      • Article
        Sources of credit
        34 7 THE Malaysian banking system, comprising commercial banks, finance companies, merchant banks and six industrial finance institutions, provided the major sources of credit to; the industrial sector in 1989, Bank Negara said.
        34 words
      • Article
        Paribas to undergo revamp
        83 7 FRANCE'S blue-chip investment bank Compagnie Financiers de Panbas, recently involved in a bitter but inconclusive takeover battle for holding company Navigation Mixte, announced a major management restructuring on Thursday. The bank said in a statement its board had approved plans to bring respected Paris banker Andre
        83 words
      • Article
        Chemical's cost cutting drive
        48 7 CHEMICAL Banking Corp, in a push to bring its down to levels comparable with other large banks, announced job cuts and other measures last Friday intended to save US$6O million annually. The changes, however, will cause a special $52 million reduction in first-quarter earnings.
        48 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 7 Dollar$ Non$en$e
        2 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      130 7 CARRY THE WORLD CARD, AND HOLIDAY WITH THE CONFIDENCE THAT THE WORLD IS IN YOUR HAND. yfr 45 mm HBftjflFiiMß <T 7 Aif »7ii HL Dk. lAy 4 There are times when we just >C iH B3 *J1 j gfy need to get away. I Kf m Away from those
      130 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Lock icon Burmese trading licences
        64 8 AFP BURMA'S Trade Ministry has issued 986 private trading licences since the military government's decision to adopt an open-door economic system in November 1988, official Rangoon Radio reported on Saturday. The licences went to 770 exporters and 216 importers, including 66 exporters and 16 Importers who received
        AFP  -  64 words
      • Article
        Indonesian phone deal
        51 8 INDONESIA'S state telecommunication equipment company PT Inti has signed a contract for the supply of telephone components worth US$3O.4 million by West German firm Siemens AG. Setyanto P Santosa, president of PT lnti, said the contract was for components for 100 000 phone lines, the Jakarta Post
        51 words
      • Article
        Lock icon US aid for Philippines
        66 8 Reuter THE United States will provide at least US$5O million to help finance the construction of roads and other infrastructure in the southern Philippines, an aid official said. Lance Marston, a director of the US Agency for International Development, said the agency will spend $30 million
        Reuter  -  66 words
      • Article
        Lock icon Grant for Mekong study
        84 8 AFP THE Asian Development Bank (ADB) has approved a U*****,000 grant for a feasibility study on construction of a bridge across the Mekong River, connecting Laos and Thailand, an ADB statement said in Manila on Friday. The grant will be used to determine the feasibility of
        AFP  -  84 words
    • Article
      Thailand plans airports to boost travel to provinces
      361 8 THAILAND'S Transport and Communications Minister Montree Pongpanit will shortly seek Cabinet approval for a 8t610.8-million budget to finance the construction and improvement of five new airports in the country, The Nation reported on Friday. Investment in the five airports Nakorn Si Thammarat,
      361 words
    • Article
      Lock icon Talks on US bases face new delays
      142 8 Reuter TALKS ON THE future of US military bases in the Philippines, already twice postponed, (ace new delays amid charges that an American was involved in last December's army coup attempt against President Corazon Aquino. US Ambassador Nicholas Piatt said the talks would
      Reuter  -  142 words
    • Article
      Thailand looks to Iran for venture partners
      273 8 THAI Prime Minister Chatichai Choonhavan on Thursday told the Iranian ambassador that Thailand wants Iran to enter into joint ventures to develop oil and petrochemical industries on the southern seaboard, The Nation reported on Friday. Mr Chatichai also accepted an invitation to visit
      273 words
    • Article
      Indon exporters told of scope in EC textile market
      282 8 INDONESIAN exports of textile and garments to European Community countries had been increasingly steadily but could be further expanded if exporters were better informed about the EC market, The Jakarta Post reported on Friday. The Federation of Indonesian Textile Industries (Fiti)
      282 words
    • Article
      Lock icon India takes steps to increase exports
      176 8 Reuter INDIA has announced a package of measures to boost exports and deregulate trade in an effort to plug its widening balance of payments deficit. The new three-year policy is designed to promote exports by making industry more efficient, ensure raw materials supplies at
      Reuter  -  176 words
  • Page 8 Advertisements
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      394 8 GOOD mEASia£P«XSWNGt» w I -X Our customers speak volumes about our copiers. Low volume Mid volume High volume I K I f I -C I *1 I 523e18l m-1 'immm Hfe '-il I 'JfrafHH N I I m I r^?*^ Z Before you decide on a copier, check out what
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      154 8 BBSES 1-® 1 FANTASY This exquisite 95 ft yacht fully airconditioned with 2 bars, promenade deck, dance floor, lounges, and all other comforts. Abo available Pt'JA A classic elegant 90 ft yacht is fully airconditioned twith sun deck, lounge, dining room, and five staterooms. V Add to the great memories
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  • THE WORLD 1
    • Article
      Lock icon Ban on export of Soviet consumer goods
      478 9 AP THE LIST seems endless. From car batteries to caviar, mushrooms to electric wire, bicycles to cooking oil, cameras to refrigerators, the Soviet Union is trying to block the export of practically all consumer goods from the deficit-ridden country. Tyres and spare parts
      AP  -  478 words
    • Article
      Lock icon East Bloc gets blunt business tips from West
      299 9 Reuter EASTERN EUROPE'S budding businessmen are getting some blunt advice from the Western entrepreneurs they are so keen to do deals with. At an East-West economic conference in Bonn, Western executives are brushing aside airy visions of joint ventures and cooperation agreements
      Reuter  -  299 words
    • Article
      Lock icon UK government confident of privatisation success
      228 9 AFP BRITISH Prime Minister Margaret Thatcher's analysts insist that the privatisation of the country's state-run electricity industry will be twice as profitable as the recent privatisation of the water industry predicting that it will bring some £11 billion into the Treasury. Under the plan,
      AFP  -  228 words
    • Article, Illustration
      Lock icon Violent protests against tax in London
      215 9 AP THOUSANDS OF people protesting against a tax which took effect yesterday clashed with British police in London last Saturday, turning shopping and theatre districts into battlegrounds. At least 341 people were arrested, 58 police were hurt and at least 75 civilians were taken
      AP  -  215 words
    • WORLD WATCH
      • Article
        Lock icon Japanese firm develops oil-absorbing plastic
        112 9 Asahi HOPING TO CAPITALISE on the global concern over oil spills and industrial waste, a Japanese company has said that it has developed a plastic that can absorb up to 10 times its weight in petroleum. Nippon Shokubai Kagaku Kogyo, known mainly for its water-absorbent
        Asahi  -  112 words
      • Article
        Lock icon More Japanese abroad
        92 9 AFP THE NUMBER OF Japanese travellers abroad jumped by 14.7 per cent to a record 9,662,752 last year, the Japanese Immigration Bureau said last Saturday. It said that 83.9 per cent of the total were sightseers, up by 15.3 per cent from 1988. Destination-wise, 34.2 per cent
        AFP  -  92 words
      • Article
        Lock icon Reprieve for London buildings
        69 9 AP A GROUP of Victorian buildings in the heart of London's financial district won a reprieve last Friday from the Court of Appeal, which quashed a demolition order designed to make way for a new development. Developers want to replace the historic buildings with a modern
        AP  -  69 words
      • Article
        Lock icon Call for more donations
        78 9 NYT REPRESENTATIVES of the US and more than 80 other countries appealed last Friday for additional donations of food and money for Ethiopia, Angola, Mozambique and the Sudan. They called existing pledges inadequate and said without further aid, hundreds of thousands of people could die of
        NYT  -  78 words
      • Article
        Lock icon EC urged to extend aid
        88 9 AFP EIGHT SOUTH PACIFIC island states last Saturday urged the European Community to extend its regional aid programmes to French territories in the Pacific. The call came after a two-day meeting in Fiji of ministers from the eight Pacific members of the African, Caribbean and
        AFP  -  88 words
      • Article
        Lock icon Reforms paying off for Poland
        87 9 AP POLAND is fast approaching price stability three months after a radical pro-market economic reform went into effect. Polish Deputy Finance Minister Wojciech Misiag said in Warsaw last Friday that final figures for March were not yet available, but it appeared inflation for the month
        AP  -  87 words
    • Article
      Lock icon US films expected to see sharp drop in first-quarter earnings
      435 10 Reuter US CORPORATIONS are expected to report sharply lower first-quarter earnings over the next couple of weeks, but economists predict a gradual recovery beginning in the second quarter. American analysts and economists attributed the declines to jumps in wages and
      Reuter  -  435 words
    • Article
      Lock icon High-definition TV dominates convention
      300 10 AP DOZENS OF SCREENS offering crystal clear, larger-than-life images of rock concerts, boxing matches and surreal animation greeted broadcasters at the launch of the US National Association of Broadcasters' five-day convention in Atlanta, Georgia, last Friday. One term was on nearly everyone's lips: HDTV. Dozens of
      AP  -  300 words
    • Article
      Lock icon Japanese chain sues government over store curbs
      284 10 AP THE US has found an unexpected ally in its fight against a Japanese law that hinders the spread of large stores. A Japanese supermarket chain announced last Saturday that it had filed suit against the government for damages it claimed to have
      AP  -  284 words
    • Article
      Lock icon S American incomes down
      142 10 AP INCOMES fell again in Latin America last year, increasing the decline for the whole of the 1980s, says a report by the Inter-American Development Bank. Production in the area grew by only 0.7 per cent for the year. Since population grows by about 2.4 per
      AP  -  142 words
    • Article
      Lock icon Japan ready to start talks on EC car market
      160 10 AFP JAPAN is ready to launch exploratory talks with the European Community on ways to open up the European car market, say Japanese and European officials in Tokyo. Japan's International Trade and Industry Minister (Miti), Kabun Muto, told visiting European Commission
      AFP  -  160 words
  • Page 9 Advertisements
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      204 9 ''m S ■■■■■■■111 "L. c" i "~^r k J c HOW TO ACQUIRE EXTRA OFFICE SPACE FOR ONLY $80 PER MONTH W&T RECORDS STORAGE MANAGEMENT Now, for only $80 per month, W&Tcan professionally SERVICES CAN FREE YOUR PRESENT STORAGE store your documents in specially made containers AREAS measuring 8' by
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      166 9 jS DeLaneau and Roy Eastern: In perfect time tjjyjp 4^^^Vm J !K1 I^^H It is a special moment when you cradle in your hands the perfect watch. And with its beautiful lines and superh craftsmanship, a DeLaneau is truly a watch that dreams are made or. At Rov Has tern,
      166 words
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      225 10 |HK_V -Jlw ■■■BHHr jy Kf I fc Wv J flbH JH V* j^Hb--"Long-term Relationships Result From Quality." Corinne Yap, Director of the Retail Agency Department at Richard similar successful results. And Corinne's latest projects, Supreme Ellis, explains how quality is the prime factor in servicing her clients' House and The
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      32 10 IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg. 4-8-1 Hatcho bori. Chuo ku, Tokyo 104. Japan Tel: 03 553 6961 Fax:o3-555-2892 *se*& a«iiai)S
      32 words
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      159 11 As Global Competition Intensifies, Information Systems Must Change To A Competitive Advantage. i Economic experts agree that the 1990s tegy far more flexible and able to adapt Its client/server architecture lets you will see unprecedented competition in rapidly to change than those of the past distribute computing resources more effiglobal
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  • ANALYSIS
    • Article
      Lock icon Turning blue periods into blue chips
      620 12  -  Finacor, France's leading finance house, is believed to have the world's first publicly-offered fund investing totally in art. Lawrence Malkin reports Lawrence Malkin IHT WITH THE art market rising inexorably, American banks have long examined the idea of a mutual fund investing in art
      IHT  -  620 words
    • Article, Illustration
      Lock icon Different routes to freedom
      857 12  -  Mark J Porubcansky looks at how Estonia and Lithuania are treading warily to independence in their own ways Mark J Porubcansky AP FLEXING its military muscle, the Kremlin blusters at Lithuania's leaders for boldly declaring independence. Yet it hardly uttered a critical word when Estonia issued
      AP  -  857 words
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      Lock icon Indonesia's unions — maligned, revered, and in the middle
      697 12  - Indonesia's unions maligned, revered, and in the middle Workers champions or government lackeys? Indonesia's trades unions face brickbats whatever they do. Bryan McManus reports Bryan McManus AFP INDONESIA'S trade union movement is a paragon of labour relations virtue to its supporters but critics see the organisation as more of a
      AFP  -  697 words
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  • Page 12 Miscellaneous
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      Page 12 Miscellaneous Column 1
      25 12 DOONESBURY QpUNTINS THE HOMELESS VES, MA'AM. 2 OKXi (KAY* VOU DOtfT prtuun r*JF FDOFi YES?... SORKi TO PIS- WHAT'S UJ/tVi ONE TWO UNPERSTANP. WW** ZtJSf&r
      25 words
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  • FOCUS 1
    • Article, Illustration
      The third generation and the declining family business
      704 13  -  Wah Chang International president Ho Kwon Ping looks at why family businesses seem genetically timed to self-destruct in three generations. Walton Morais reports ENTERPRISE MANAGEMENT EDITED BY CHUANGPECKMJNG Walton Morais THE old Chinese saying that the first generation builds, the second generation
      704 words
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      Lock icon The executive woman
      605 14  -  Michael Dixon looks at women and their management styles Michael Dixon FT HOW WILL management styles change as women take over more and more executive jobs from men? The signs are that many organisations will soon find out by experience, especially in countries where women's ambitions for
      FT  -  605 words
    • Article
      How much is that business worth?
      749 14  -  SPOTLIGHT ON MANAGEMENT By Ong Yew Huat On% Yew Hual is a director of Ernst Young Consultants Pte Ltd. HAVING identified a new business and decided that it complements your present one, the crucial question then is: "How much is it worth"? There is
      749 words
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      327 13 b V. iHH .AiPo^^H Jv/. aWLi *>. %&lfr^^HHlH ■NHl^h^'a^^«ny^^H^S E b9B^ vv v KLxß^^l^9^^^H flWb gMcW i"% *VI ENROL IN THE COBRA LOANER PROGRAM FOR YOUR NEXT 18 HOLES. FREE,OF COURSE A^P Yes, the much talked-about Cobra p Loaner Program in the United States V makes its debut in Singapore
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      3 13 KOREAN AIR CARGO
      3 words
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      99 14 Lufthansa's Asian Commitment: We link Singapore to over 180 destinations. Worldwide. m 1 jfl e v Lufthansa's global route network is bigger and better than ever With it, we give you efficient detailed monitoring of all shipments. On state-of-the-art equipment. Across more than 85 countries worldwide The most modern aircraft
      99 words
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      Page 14 Advertisements Column 2
      189 14 WATER DISPENSERS FOR INSTANT HOT AND' COLD WATER FROM FRIGERIA AND PHILCO Get hot or cold water instantly. With Frigeria They are compact and |§GBH |H easy to install, making rJBBM SB drinking water readily available where it is Choose convenience now. Get a Frigeria or Model PCTIH 50/60 Model
      189 words
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  • SPORTS
    • Article, Illustration
      Wales kicks out Australia
      642 15  -  From A Surendren in HONGKONG ONE OF the biggest upsets in rugby took place at the Cathay Pacific HongkongBank Invitation Sevens in the Government stadium at Caroline Hill over the weekend. Championship contenders Australia were bundled out 16-10 in the quarter-finals of the Cup by the
      642 words
    • Article, Illustration
      Lock icon Chang survives blowout to enter final
      327 15 AP NO. 2 SEED Michael Chang survived a second-set blowout and came back to defeat sixth-seeded Richey Reneberg 7-6 (8-6), 0-6, 6-4 last Saturday in the semifinals of the US$5OO,OOO Volvo Chicago tennis tournament. He was scheduled to meet fifth-seeded Jim Grabb who upset
      AP  -  327 words
    • SIDE LINES
      • Article
        So near and yet so far for Hal Sutton
        106 15 HAL SUTTON, seeking to break out of a four-year slump, came within one shot of matching a course record in Texas on Saturday when he shot an eight-under-par 64 to snatch a share of the lead after two rounds of the
        106 words
      • Article
        The final 18 for Betsy King
        118 15 BETSY KING, with a five-shot lead and 18 holes to go in the Dinah Shore tournament, will win US$9O,OOO and relief from an oft-asked question if she can hold on to win. "I guess if I do it, I won't have to hear, 'Gee,
        118 words
      • Article
        Day wins Malaysian Open
        53 15 AMERICAN GIEN DAY yesterday fired a five-under-par 67 to win the US$2OO,OOO Malaysian Open Golf Championships at the Royal Perak Golf Course in the northern state of Perak. The 24-year-old American had a four-day total of 273, 15 under the card, and will collect U5532,320 in
        53 words
      • Article
        Austria chalks up historic win
        68 15 AUSTRIA reached the Davis Cup semi-final for the first time in their history in Vienna on Saturday when they took an unassailable lead over Italy after winning the doubles. Meanwhile defending champions West Germany, the United States and Australia edged closer a place in the
        68 words
      • Article
        Maleeva upsets Navratilova
        56 15 FOURTH-SEEDED Katerina Maleeva upset top-seeded Martina Navratilova 6-4, 2-6, 6-1 on Saturday night in a semi-fi-nal match in the Virginia Slims of Houston tournament. Maleeva will play third-seeded Arantxa Sanchez Vicario in Sunday's championship match. Vicario won a marathon, 3-hour match earlier on Saturday over No 2
        56 words
      • Article
        The 1.001st rebound
        95 15 AKEEM OLAJUWON scored 24 points and grabbed 16 rebounds, becoming the second player in NBA history with 1,000 or more rebounds and 300 or more blocked shots in one season, as the Houston Rockets defeated the Minnesota Timberwolves 106-98 on Saturday night. Olajuwon had five blocks, giving
        95 words
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      99 15 Orient Leasing takes on a new name with effect from 26th March 1990 ORIENT LEASING SINGAPORE LIMITED is now known as ORIX LEASING SINGAPORE LIMITED zaZM m■ I' v The shareholders of this Company are:1) ORIX CORPORATION, INCORPORATED IN JAPAN 50% 2) THE DEVELOPMENT BANK OF SINGAPORE LIMITED 30% 3)
      99 words
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      1007 16 NOTICES X^X &&X& HARIMAU INVESTMENTS LIMITED V (lncorporated in the Republic of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1989 The Board of Directors of Harimau Investments Limited is pleased to announce the audited results of the Company and the Group for the year ended 31 December *****989
      1,007 words
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      Page 16 Advertisements Column 2
      706 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF YOJNA-TES MANAGEMENT CONSULTANTS PTE LTD At an Extraordinary General Meeting of the Company held on Tuesday. 27th March 1990 at 11 00a m the following resolutions were passed SPECIAL RESOLUTION WINDING-UP That Yojna-Tes Management Consultants Re
      706 words
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      Page 16 Advertisements Column 3
      397 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF TECHNOLOGY TRANSFER INSTITUTE OF SINGAPORE (PTE)LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of TECHNOLOGY TRANSFER INSTITUTE Of SINGAPORE (PTE) LTD. duly convened and held on Friday. 23 March, 1990 at 10
      397 words
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      Page 16 Advertisements Column 4
      784 16 IN THi MATTW Of TMf COM#AMU ACT. CAP SO AMO M THE MATTER Of OKMCA TRAONM PTC LTD On Voluntary Ui»idadnn> At an extraordinary General Meeting of tha Company hatd at 7500 A Beach Road. #11 -320/322. Tha Plaza. Singapore 0719 on Monday. 2nd Ap* 1990 at 10.30 a.m. tha
      784 words
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  • THE ARTS 1
    • Article
      A gripping Soviet approach to Schubert
      930 17  -  For those more familiar with interpretations of Schubert by German-trained pianists, the Soviet approach to this composer's music mav be somewhat overpowering. But musical tastes change, and J Gordon predicts a strong comeback for the Soviet pianists and their intensely personal brand of Schubert.
      930 words
    • Article, Illustration
      Bulls and bears make their mark at orchestral bourse
      605 17  -  Last Friday's SSO concert with American-Soviet pianist Oxana Yablonskaya opened on a bullish note but drifted lower to close below the evening's high, reports P Y Van P Y Van THE SINGAPORE Symphony Orchestra started on a bullish note on Friday,
      605 words
    • Article, Illustration
      Lock icon The Lloyd Webber phenomenon
      675 19  -  If the devil has all the best tunes, how do we explain the phenomenal success of the British composer Andrew Lloyd Webber? Peter Watson reports. Peter Watson NYT Even today, after eight hit musicals, one failure, one divorce and one requiem to his name, British composer
      NYT; Punch  -  675 words
    • Article, Illustration
      Lock icon An Indian filmmaker's dreams
      571 19 India's Satyajit Ray talks about the kind of film he would like to make if his health improved. AFP Popular Indian filmmaker Satyajit Ray says he would love to make a big-budget film with a handful of French stars "if my health permits". Speaking after completing
      AFP  -  571 words
  • Page 17 Advertisements
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      85 17 Private investment services with Canadian continuity,,, global connections. oday, have JL no Your operate from a as as the us Canadian many opportunities Commerce one by the ten largest America. Wfe are headquartered I I secure II Hi II LI pav II ft I ***** la CIBC's leverage is reinforced
      85 words
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      183 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by word of mouth. Hi 4 J^*^nCVrFor outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. *****100r 338 8585ext
      183 words
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      Page 18 Advertisements Column 2
      292 18 ?R?> f DIAN XIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch All-you-can-eat for only $16.80* per person. Lunch Hours: 1130 am 2.30pm hymt Regency ©SMGAPORt l'> 12 Scotb kiud Su*ypu« W22 Id *****W Dian Xin Buffet Our Dian Xin buffet lunch spread include authentic Cantonese dishes like Braised
      292 words
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      Page 18 Advertisements Column 3
      170 18 UjlyaJt's ■i cv<A, Our S.E.A. Buffet April 1 30 l,unrh or Dinner Adults: $16.00 Children below 12:S10.00++ C- PlazaHgia Cafe Plaza 'sassssS CdfCy Amidst elegant setting, dine on a Js ff. wl de variety of local and InternaMladain > tlonal specialities like Pepper Steak, v Chicken Rice or Fish Head
      170 words
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      Page 18 Advertisements Column 4
      285 18 SMI R 5: i An all consuming passion for Spain sweeps into The Belvedere this month. It's an extraordinary spread to be relished and savoyred, along with specially imported Spanish wines. The Belvedere's Spanish Buffet. It's worth *-< fighting a bull to get to. .o Spanish Buffet Lunch H. 1
      285 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      628 18 TELEVISION AND RADIO f 1 1 1 —covering that President Ron- 5.25 Cookery Programme. BUSINESS ON RADIO >? 1 J tnU vv\ n n m n fSBCI2 aid Reagan was not informed 6.00 Regional News (M). Ml— IvlCli man, DCggdi, p«i^f^ir;r,.l. h? mc,ooo***Band u Yacht Race. 1989 (last ep). b
      628 words
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      260 19 AND ENTERTAIN Embark On A Delectable Journey In Spring. LUNCH 12 NOON jL A TO 1 XJPM 13* PEJt PEftSON v.** IE DiNNEA t KPM TO »PM I ,IX ptR pt SON RESERVATION* rnxm EXT I*«* Celebrate the cherry blossom festival at Unkai. With Sakura Kaiseki, a traditional meai symbolising
      260 words
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      Page 19 Advertisements Column 2
      173 19 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 with Crab Meat among others. Round off a
      173 words
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      Page 19 Advertisements Column 3
      152 19 "Sizzling, Mouth' Watering Steak Awaits You At Jack's Mitamar" £v IP. Succumb to it! Amidst cozy atmosphere, savour tender juicy steak, prepared the way only Jack's Place Knows best. And at prices that are value for your money. Located conveniently just outside CBD with sheltered multi-storey car park. Jacl&cMj 5L
      152 words
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      Page 19 Advertisements Column 4
      336 19 RS: w T.'i m classical Japanese food prepared IN THE TRUE KAISEKI STYLE. Complete 7-8 course set Lunch/Dinner from $14.00 Set Sashimi Lunch from $18.00 Nishiki Restaurant Marina Bay Golf Country Club xs||§ 6 Marina Green Singapore oroi. For Reservations Please Call *****11. I TIENGOURTf I j SICHUAN CUISINE <•*
      336 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Analysts expect prices to retreat in the near term
      4575 20  -  By Lim Mui Khi THE STRAITS TIMES Industrials Index shot through the 1,600-point level to new records last week thanks to good corporate results and the Nikkei's almost 5 per cent gain on Monday. However, Tokyo's continued volatility took the STII
      4,575 words
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  • STOCK EXCHANGE OF SINGAPORE 2
    • Article
      Market remains lethargic
      3834 21  -  By Lim Mui Khi THE OVER-THE-COUNTER market remained quiet last week as problems with missing Malaysian share scrip and forged certificates persisted. However, retail investors retained some interest in situational stocks. Dealers are not expecting the situation to change much as long as administrative problems remain. KLSE
      3,834 words
  • Article
    BONDS, LOANS AND WARRANTS INFORMATION SERVICE
    991 21 Cauwway Low Expiry/ matiirir dale 1994 Coupon Convcnioa period M%) 6 Interest payable Dec 31 r. on version term for one ordinary dan Causeway Wt 1994 Oct 2. 1989 to Oct 20. 1994 1 warrant plus SI cash or 1 warrant plus SI nominal
    991 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Lower close in dull trading
      3583 22 MBT ANOTHER lacklustre week prevailed on the Kuala Lumpur stock market last week, with prices closing broadly lower as market operators reacted warily to the selling on the Tokyo bourse. The market kicked off on an encouraging note but sentiment turned soft thereafter for want
      MBT  -  3,583 words
  • BT SHARE INFORMATION SERVICE
    • Article
      DIVIDENDS ANNOUNCED
      1094 22 Current Ex Books Date Total for Total for payment date clow payable the year last year Amtek En| 6%TE(I) Apr 11 Apr 17 Apr 28 61TE 61TE A vino 151TE Feb 28 Mar 12 May 15 251TE 251TE BAT 90.91(h) Apr 6 Apr 19 May 3 122 71(n)
      1,094 words
    • Article
      CORPORATE ROUNDUP
      1110 22  -  Compiled by JULIANA TAY CORPORATE DEVELOPMENTS Hoare Govett Summit Securities' partners have confirmed that their joint venture will break up by mid year The local partners will buy over London-based Hoare 49% stake and will continue the firm's stockbrokmg activities as Summit Securities Pte Ltd The foreign partner
      1,110 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Prices improve slightly in active trading
      945 23 HONGKONG DBS Securities JSHARE PRICES rose slightly during the week in active trading, with the Hang Seng Index gaining 23.82 points, f' 0.8 per cent to close at 997.98 on Friday. Riding on a wave of strong corporate results, institutional interest returned to the
      DBS Securities  -  945 words
    • Article
      It's just another week of Chaos in London
      929 23  -  By Ray Heath IT LOOKED like an aimless -Session for stock prices in London last week. Up one day, down the next, then up again before two days of falls left the FTSE 100 Index down 36 points on the week. Hardly
      929 words
    • Article
      Lock icon Share prices advance steadily
      243 23 It/tfVFl AFP THE Jakarta Stock Exchange (JSE) got off to a recordbreaking start and never looked back on solid trading across the board last week. The JSE Index hit a new high of 596.732 last Monday and then advanced steadily to close the holiday-short-ened four-day week
      AFP  -  243 words
    • Article, Illustration
      Lock icon Stocks end mixed in extremely volatile trading
      525 23 AFP JAPANESE share prices ended last week mixed, with the Nikkei Stock Average falling 1.3 per cent or 391.71 yen and the Tokyo Stock Price Index (Topix) of all stocks listed gaining 20.49 points from a week before. The benchmark Nikkei average of
      AFP  -  525 words
    • Article
      Lock icon Uncertainty looms over markets
      743 23 YOR FT DECOUPLING of the world's stock markets continues. From last Wednesday to Friday, Tokyo's Nikkei average suffered another 5 per cent plunge while West German prices hit new highs and Wall Street continued to drift quietly within an ace of its all-time records. Bond prices
      FT  -  743 words
    • Article
      Lock icon Bulls keep up momentum on Indian markets
      211 23 BOMBAY AFP BULLS continued their rampage on the Indian stock markets last week. The Bombay Stock Exchange (BSE) sensitivity index gained 24 points to close at 781.1, slightly more than one point below its peak figure of 782.5 reached in January. The BSE
      AFP  -  211 words
    • Article
      Lock icon Shares pulled down by tumbling gold prices
      205 23 SYDNEY AFP PLUNGING world gold prices dragged down the Australian sharemarkets last week despite hopes that domestic interest rates would fall, brokers said in Sydney on Friday. The main market indicator, the All Ordinaries Index, shed 32.8 points during the week to finish
      AFP  -  205 words
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  • US stocks fall sharply in final hour of trading
    • Article, Illustration
      NEW YORK
      913 24 •WALL STREET stocks closed sharply J lower on Friday, incurring almost all !their losses in the final hour of trading. When the futures-linked buying that pushed the market higher in early afternoon trading dried up, the market collapsed. The Dow Jones industrial •average fell 20.49 points to 2,707.21.
      913 words
    • Article, Illustration
      LONDON
      842 24 SHARES finished lower on London's Stock Exchange on Friday after inves- tors found little inspiration to trade. Shares languished within a very narrow band throughout the day with investors waiting for the new quarter to begin today. A weak start on Wall Street depressed London prices a bit. By
      842 words
    • Article
      PARIS
      137 24 FRENCH share prices ended firm on Friday, near the day's highs, boosted by technical arbitrage trades in blue chips on the day of expiry of index futures and options. Softer short term money market rates also helped sentiment. The CAC-40 index ended 24.56 points higher at 1,971.79, close to
      137 words
    • Article
      AMSTERDAM
      202 24 DUTCH share prices closed mixed in thin trade on Friday, ignoring lower prices on Tokyo and Wall Street as the market was supported by firmer prices of Dutch state bonds. The CBS all-share index closed 0.1 up at 116.4 points. Other markets in Europe, South Africa and Canada Amsterdam
      202 words
    • Article
      FRANKFURT
      210 24 WEST GERMAN shares closed 0.8 per cent higher in lively trade on Friday, after the 30-share DAX index soared 22.54 points to hit a new high of 1,976.43 early in the session. The DAX ended the day 14.66 points higher at 1,968.55. Dealers said the gains came on high
      210 words
    • Article
      MILAN
      128 24 ITALIAN shares shrugged off the weakness on Wall Street and Tokyo oveiw night to chalk up gains in virtually sectors in fair volume on Friday. The MIB index was fixed 0.91 per cent higher at 996 and then put on another 0.81 per cent in late trading. i Milan
      128 words
    • Article
      ZURICH
      243 24 SWISS shares closed slightly firmer on Friday on low volume. Dealers said trading was quiet ahead of the weekencj and prices had fluctuated in a narrow range, with some profit-taking around mid-session. The all-share SPI index ended 2.5 points higher at 1,079.6 while the SMI index rose 3.4 to
      243 words
    • Article
      Untitled
      474 24 Brussels Mar 30 Francs FORWARD MARKET Acec 4840 +110 Arbed 5100 -130 Astur 1466 +14 Bra wan 720 -8 Canpac 744 -10 Cock 206 -2 I De Beers 768 -8 Ebes 4185 -15 Gtvlnno-Bm 1258 +4 Gevaert 8440 70 Gr Bru Lamb 3975 -15 Hobok Petro ***** unch Ryl Dutch
      474 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      489 24 (9n CHUAN HUP HOLDINGS LIMITED (INCORPORATED IN SINGAPORE) The Director* of Chuan Hup Holdings Limited are pleaeed to announce the unaudited results of the Company and the Group for the half-year ended 31st December 1989. COMPANY GROUP 31.12.89 31.12.88 31.12.89 31.12.88 $'000 $'000 OR- $'000 $*000 ♦OR 1 (a) Turnover
      489 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon US$ gains against yen, loses ground against DM and £
      319 25 US$ gains against yen, loses ground against DM and FOREX WEEKLY ROUND-UP THE US DOLLAR put up a mixed performance in hectic trading last week in the world currency markets. Over the week, it scored decisive gains against the yen but weakened against the West German Dmark and the British
      Chart by Telerate  -  319 words
    • Article
      Lock icon Asian units end mixed as yen slides
      505 25 ASIAN CURRENCIES AFP MOST Asian currencies were little changed last week as dealers watched the yen continue its fall against the US dollar. Despite an attempt by the central Bank of Japan to prop up the currency, the yen ended the week at
      AFP  -  505 words
    • Article
      INTERBANK FOREX RATES
      399 25 Cross rates Mar 31 USS SS MS Dm Yen SFr AS NZS USS 1.8850 2.7285 1.6940 158.55 0.6079 1.4980 1.3245 1.7271 SS 0.5305 1 4475 0.8987 0.8411 0.3225 0.7947 0.7027 0.9162 MS 0.3665 69 09 0.6209 0.5811 0.2228 0.5490 0 4854 0.6330 t>m 0.5903 1.1128 1.6107 93.60
      399 words
    • Article
      MONEY MARKET
      556 25 Interbank rates Bid Offer Overnight 6 3/16 6 5/16 1-month 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-month 6 5/16 6 7/16 Overnight mode: 6-3/16 US$ High Low 7 days 8 7/16 8 1/4 1 month 8 3/8 8 1/4 2 months 8 3/8 8 5/16
      556 words
    • Article, Illustration
      Lock icon Why G-7 should come out with a clear policy
      608 25  -  The G-7 finance ministers and central bank governors will meet again this Saturday. Professor Norbert Walter, the chief economist of Deutsche Bank, says this may be a new round of G-7 policy co-ordination. Norbert Walter A G-7 MEETING of finance ministers
      Chart by Telerate  -  608 words
    • Article
      Lock icon Gold plunge hurts investment prospects
      266 25 GOLD REPORT NYT LAST WEEK'S gold plunge did more than knock the bulls out of the market. The sudden, wrenching US$23-an-ounce drop may also have driven away many investors and potential investors for some time. "It did psychological damage." said lan Mac Donald, manager of
      NYT  -  266 words
    • Article
      FINANCIAL FUTURES
      326 25 IMM Mar 30 DCUTSCHEMARtt Open High Low Sett Vol Op/lnt j un 90 0.5894 0.5939 0.5885 0 5910 ***** ***** Sep 90 0 5896 0.5942 0.5887 0.5911 EURODOLLAR Open Low Sett Vol Op/lnt 9i~34 9L36 9L27 9L3I ***** *****3 Sep 90 9125 91.27 91.17 91.19 JAPANESE YEW Open
      326 words
    • Article
      PRIME LENDING RATES
      377 25 BANKS ABN Bank 7"A Allied Insh Bank PLC 7% American Express Bank 7'/« Am'Dam R'terdam Bank 6V« Arab Banking Corp 7Vi 6'/j 6Vi ANZ Banking Group 7Vi 7 Banca Commemale 7V« 7 7'/« 7V4 7% 6V« Bank of Communications 7V4 V/* 7V< 7 Bank of New York
      377 words
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  • COMMODITIES
    • Article
      Lock icon ITC settles creditors' claims
      289 26 AP THE INTERNATIONAL Tin Council last Friday paid £182.5 million (US$299 million) to its creditors, ending the lengthy and bitter dispute over debts left by its collapse more than four years ago. The 22-nation council said that it had paid the sum "in full discharge of
      AP  -  289 words
    • Article
      Lock icon Cocoa body agrees to two-year extension
      166 26 AFP INTERNATIONAL Cocoa Organisation (ICCO) delegates decided in London last Friday to extend for two years their existing market agreement, with no economic clauses but with provisions for maintenance of the buffer stock. The organisation's lack of funds and failure to agree on new
      AFP  -  166 words
    • Article
      KL tin finishes 64 cents higher on buying support
      294 26 TIN price closed 64 sen firmer at M$ 17.78 per kg on the Kuala Lumpur Tin Market (KLTM) last week on merchant buying and short-cov-ering support. The metal was on the rise the whole of last week except for Tuesday when
      294 words
    • Article
      Lock icon Gold's 6pc slump drags down other metals
      870 26 WEEKLY ROUND-UP AFP GOLD bullion slumped lower last week, losing six per cent of its value at one stage as Middle East selling hit the market. Prices were off their worst ahead of the weekend, but not before other precious metals had been
      AFP  -  870 words
  • Article
    PRICES
    1188 26 Rubber HAS («ob hi totes) S cents/kg Int I RSS April Close Mar 26 155.50 Mar 27 153.50 Mar 28 153.00 Mar 29 153.00 Mar 30 154.25 MBELB (lob hi tolw) M cents/kg Int I RSS April Close Mar 26 227.50 Mar 27 226.50 Mar 28 226.00 Mar 29
    1,188 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      629 26 NOTICES IN THE MATTBt Of THE COMPANIES ACT. CAP. SO ANO IN THE MATTW Of TSI ANO OVMIAS MKX pteltd On Voluntary UquMeSon) At an extraordinary Generei Meeting of the Company held at 7500 A Beech Road. #11-320/322. The Plaza. Singapore 0719 on Monday. 2nd April 1990 at 11.30 a.m.
      629 words
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      Page 26 Advertisements Column 2
      415 26 IN THE MATTER Of THE COMPAMES ACT. CAP. BO ANO IN THE MATTW Of YANOHAO TRAM NO PTELTO On Voluntary Liquidation; At en extraordinary General Meeting of the Company held at 7500 A Beach Road. #11-320/322. The Plaza. Singapore 0719 on Monday. 2nd April 1990 at 11.00 a.m. the following
      415 words
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      Page 26 Advertisements Column 3
      18 26 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
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      Page 26 Advertisements Column 4
      16 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business l imes.
      16 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      584 27 City Flight ETA Flight ETO Malatda QF81 1840 RJ182 1445 RJ183 2320 Bandar Sari BI421 1100 Bmuwm BI422 1205 B1429 2030 BI430 2125 Bantkofc OF62 1135 TG402 0830 CI664 0840 RA408 0905 TG406 1525 CI663 2020 QF71 2110 TG401 2225 ■awfcay AI404 1715 Brtafcaaa QF51 2010
      584 words
    • Article, Illustration
      A ski resort in Apache country
      778 27  -  POSTCARD FROM NEW MEXICO By Arnold Wilson I have retired to my room at the Inn of the Mountain Gods to contemplate a remarkable day's skiing on a sacred mountain swarming with Apache Indians. To an Englishman, the notion of Redskins on skis is
      778 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.415 1.425 Canadian dollar 1.595 1.615 NZ dollar 1.083 1.123 Sterling pound 3.085 3.105 US dollar 1.8820 1.8900 Iixal dollars to 100 units of foreign currency Austrian schilling 15.60 16.60
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      78 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Mar 31- International Ban, Fieri Del (39)8(V*****1 Apr 44 Housing and Bilboa, Fcria (34)4/*****00 Apr 8 F™ for U,surc. Italy Lxvante Spain International Tounsm Appliance dc Bilboa Apr 3-* International Helsinki The Finnish International Building Fair Fair
      78 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      74 27 TF TL "T Tk T Th« business person's choice every Tuesday, l(\ i| If I|\ I Thursday, Saturday and Sunday. Leaving I I ll\ I I IK II Chang! Airport at 21:55 hours and arriving at j y I J Ji Heathrow early the following morning. Call your travel agent
      74 words
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      Page 27 Advertisements Column 2
      77 27 She bought everything BRUNO MAGLI Q) BRUNO MAGLI Sole Agent: Marie* Marketing Pte Ltd Tel 734 Fax: 737 6892 Boutiques: Centrepoint #01-30 Tel: 737 4509 Forum Galleria #01 -46 Tel: 732 8961 Open Daily trom 10.00 am to B.oopm Corners: Metro Orchard Metro Paragon Metro Grand Tangs Superstore Also Available
      77 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      151 27 draw a clawed instrument commodation at the a very small space (8) oncilable conservative 24 One painter explosive is where returning with nothing on might take a dip? (6) f coins nerhaDS (4 3 6) 27 There's no telling where 7 what a m j^h' t ex- SATURDAY'S SOLUTION this
      151 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      223 27 Singapore OUTLOOK: Showers over several areas in the afternoon Report for 24 hours prior to 7.30pm on Apr I at the airport: Max temp 33.5 Assoc humidity...- 50 Min temp 24.6 .Assoc humidity 92 Hrs of sunshine 6.85 Rainfall in mm 0.8 Rainfall this nth 0.8 Rainy days this mth
      223 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      46 27 EEJJEroniWJSroEI ITBUTH IS. IT OJ*S PI f .MV DCAR I DOM T) L J .-m 1 ROSH JOB U)I7W P» v G»ve F\ y sor4rnp*H, ir> sowy t UJPS 1 Rtmpnctv clause...• > vi so paftoPT -yoo vesTfeRPPY .J ytgiwy C CVCNMO STANOAMO CO. LTD, IM3-IMO fctdk~
      46 words
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  • Article
    Lock icon Tokyo agrees to US demands to open satellite market
    389 28 Reuter, AFP JAPAN has agreed to virtually all the terms sought by the United States towards opening its government market to American and other foreignbuilt satellites, the US Trade Representative's office said on Saturday. The two sides negotiated into early Saturday
    Reuter,; AFP  -  389 words
  • Article
    Lock icon Tokyo urged to consider wider views in SII talks
    232 28 AFP EUROPEAN Commission vice-chairman Frans Andriessen has warned Japanese trade negotiators to bear in mind the interests of third countries during their trade talks with Washington. "We have made very clear today that possible results agreed bilaterally within SII (the US-Japanese
    AFP  -  232 words
  • Article, Illustration
    A 'presidential' presence
    41 28 The Hongkong Sevens rugby event has never been short of VIP spectators, but George Bush? Not quite. Still, this supporter couldn't stop the American Eagles team from having its wings clipped by Fiji. Tournament report on Pg 15.
    41 words
  • Article
    Lock icon Aquino rejects offer to become party chief
    146 28 AFP PHILIPPINE President Corazon Aquino yesterday rcjectcd an offer to lead the country's ruling party after it stonewalled confirmation of her nominee for the post of Agrarian Reform Secretary. State television said she rcjectcd suggestions that she become chief of the Democratic Filipino
    AFP  -  146 words
  • Article
    Lock icon General agreement on EC union plan
    209 28 AFP EUROPEAN Community finance ministers meeting in Galway, Ireland, over the weekend have agreed on several of the principles to the ECs planned economic and monetary union. Diplomats hailed the agreement as a sign that the EC can launch, smoothly and on schedule, the
    AFP  -  209 words
  • Article
    Lock icon Lithuania hints at compromise
    300 28 Agencies LITHUANIA'S leadership has hinted at compromise in a war of words with the Kremlin after President Mikhail Gorbachev said the republic's unilateral declaration of independence could lead to "grave consequences". Lithuanian President Vytautas Landsbergis said Mr Gorbachev's warning the toughest in three weeks of verbal
    Agencies  -  300 words
  • Article
    HK not losing out to S'pore: banking chief
    427 28 RECENT claims in Hongkong that the British colony is losing its banking edge to Singapore have been refuted by the Commissioner of Banking, Mr Anthony Nicollc. The commissioner, in an, interview with one of the colony's newspapers, described talk of large-scale banking
    427 words
  • Article
    Lock icon Mugabe wins third five-year term
    206 28 AFP, AP PRESIDENT Robert Mugabe and his Zimbabwe African National Union (ZANU) have comfortably won a third five-year term in power, but Mr Mugabe failed to realise his dream of a one-party state when three opposition members captured seats in parliamentary elections. "It's a bitter
    AFP,; AP  -  206 words
  • Article
    Lock icon Aquino aide seeks joint use of US bases
    152 28 AFP THE PHILIPPINES should demand joint use of the US military bases in the Philippines, an adviser to President Corazon Aquino has said. "In other countries, the US has allowed joint civilian use of its military bases," Jose Abueva, chairman of the
    AFP  -  152 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      132 28 DaupHlN 1 For the life of your back —_r Dauphin (SEA) Pte Lid J. f Tel: *****00 OmkHKM Japan to start talks on EC car market, Pg 10 Ming hospitality. It stays with your clients. j Some memorable things have a way of staying with your clients j,. like the
      132 words
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      Page 28 Advertisements Column 2
      9 28 Talks on US bases face new delays, Pg 8
      9 words
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      Page 28 Advertisements Column 3
      77 28 r gl- DQUpHIN mSb! For the life of your bock Dauphin (SEA) Pit Ud ~T~ Tel: *****00 Exchange rate plan sparks row in Bonn, Pg 7 YOUR PRIVATE JET ANYTIME, ANYWHERE... I i h h1 r CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can
      77 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Hapag-Lloyd plans smaller crews
        111 29 HAPAG-LLOYD IS TO INTRODUCE smaller crews of 14 seafarers by the end of this year on some of its largest vessels, with the long term view of reducing crews further to 13. Lloyd's List reports that the West German line has so far not chosen to
        111 words
      • Article
        Lock icon India gets US$129m ADB ports loan
        65 29 AFP THE ASIAN DEVELOPMENT BANK (ADB) on Friday announced the approval of a US$l29 million loan to India for the improvement of port facilities in Bombay and Kakinada. The loan, accompanied by a US$l million technical assistance grant from the ADB-adminis-tered Japan Special Fund,
        AFP  -  65 words
      • Article
        Lock icon Benelux's open road transport plans
        97 29 Reuter BELGIUM, LUXEMBOURG and the Netherlands have agreed to create a barrier-free road transport market from next year, pre-empting plans for a single European Community market after 1992. Diplomats said the accord, reached a few days ago, means the three countries' hauliers will be able
        Reuter  -  97 words
      • Article
        Lock icon Turkey to fine Iraqi tanker
        71 29 Reuter AN IRAQI TANKER will be fined 300 million lira by Istanbul's environment protection office for polluting the Bosphorus waterway with a gas oil slick following its collision with a Chinese freighter on Thursday. Turkish maritime officials said the 36,953 dwt Iraqi tanker, Jambur, caused
        Reuter  -  71 words
      • Article
        Lock icon Restructure of ANR Freight System
        83 29 Reuter US-BASED COASTAL CORP said its subsidiary ANR Freight System Inc is restructuring to preserve a trucki ing operating capable of serving the Great Lakes area and selected long-haul markets. Coastal would continue to seek qualified buyers for its trucking operations upon the restructuring. Under
        Reuter  -  83 words
    • Article
      Issa to hold convention in S'pore this October
      125 29 THE INTERNATIONAL Ship Suppliers' Association (Issa) will hold its 35th annual convention and trade exhibition in Singapore for the first time in October this year. This annual event for ship suppliers was last held in Rome, Italy. The meeting was attended by
      125 words
    • Article
      Index to advertisers
      1259 29 Pog. Column A8C COff*0Th.rtppft 5 A<cofd S*pg T®n 3-5 Ajbotrot S«0 A r S««»« 5 AJlfpd C T OPP P' fov»*PP* 5 I A*rprk I Apr MtMA S AK I.*• f«M Aft 55 AfS Fov IPO* I A'HWWO I HlH' 4 5 Af'Ow t N"• 5 ASG
      1,259 words
    • Article
      OOCL boosts capacity on transatlantic service
      231 29  -  By JEAN FOONG HONGKONG-BASED Orient Overseas Container Line (OOCL) has boosted capacity on its US east coast transatlantic service with another ship. The larger and faster 2,000 20-foot equivalent unit (TEU) Oriental Patriot, which replaced the 1,500-TEU Lions Gate Bridge earlier last month, is
      231 words
    • Article, Illustration
      Coastal finalising purchase of storage terminal in US
      375 29  -  By LINDA CHEE IN EFFORTS to internationalise its business, Singapore company Coastal Bunkering Services is finalising the purchase of a 800,000-barrel storage terminal at Longbeach, a major bunkering port on the US west coast. The terminal will continue its lease with Chemoil
      375 words
    • Article
      Eagle and Koala launch joint service from Europe to Australia
      236 29 CONTSHIP's Eagle Containerize and Joon's Koala Express launched a joint service from Europe to Australia yesterday. The new joint service will offer a 10-day sailing frequency. Both lines will operate an integrated schedule, exchanging slots on each other's vessels. The
      236 words
    • Article
      Anera finalises service contract guidelines
      216 29 THE ASIA North America Eastbound Rate Agreement (Anera) has finalised service contract guidelines for its 1990-91 season, beginning May 1, 1990. Agreement managing director Albert Pierce, Jr, has further scheduled meetings with a number of contract customers throughout North America to explain the contract terms
      216 words
    • Article, Illustration
      Lock icon A super-costly industry headache
      781 30 OIL PLATFORMS Reuter THEY COST billions of dollars to set up, and will cost billions more to get rid of. Oil and gas operators are already weighing their options on what to do with the world s 6,500 offshore installations when their producing days are done.
      Reuter  -  781 words
    • Article
      Cockett bunker report
      808 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      808 words
    • Ships in Port
      • Article
        SINGAPORE
        2116 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranttalner Schedules Blk Op Gdn Date/Time Time From Time ToBooking Gate Ace Concord 04/859 04 04 90 0200 02/1730 02/1759 Doc Rm 2 N4 00 f05 03/0400 03/0429 NA 2 AlAhmodioh 62 *****0 2300 02/1000 02/1029 Portnet 2
        2,116 words
      • Article
        MALAYSIA
        106 30 Penang Port In the roads: Jordan 1, Valleta 1. Jin Tian, KRK, Chang De, Prosper Venture L. Fortune Ada, Iruvai Hudhu, Johore Bridge, Shoei Maru Due on 31.03.90: Bonita Ace, Tai Bao, Ocean Princess, Sea Leopard, Maersk Farco. Seraya, Universe, Vinh Tra. Anson Oue on 01.04.90: Pernas Propane, Seyang
        106 words
    • Article
      London Freights
      902 31 FREIGHT rates continued to soften on Thursday in the dry cargo chartering market as tonnage remained in ample supply, brokers said. Charterers mostly secured tonnage for grain cargoes at lower rates, although conditions were quiet. A vessel for the US Gulf to Japan trip was fixed at US$25
      902 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8018 36 AARHUS Kutal, Ojaaagetri, March 31/ April 4. Ever Gallant, Evergreen, April 2. Ming Star, Yang Ming Lin*. April 3. Korrlgan, ScanOutch, April 4. Tolaga Bay. Trlot, April 4<PK). Vine de Vega. CM 0 Affretement. April 5. Ming Hope. Yang Ming Line. April
      8,018 words
    • Article
      Shipping diary
      376 43 Feb 6-Apr 20 SFFA Standard Trading Conditions gives an ovarall perspective of these conditions, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no *****45 Feb 7-Jun 6 Sea Transport covers transport geography, liner and tramp shipping, conducted by
      376 words
    • Article
      Examining the principle of indemnity
      649 44  -  Over the past few weeks we have discussed the principles of insurable interest, subrogation and utmost good faith (disclosure and representation). Today, we examine the principle of indemnity, the last of the four basic principles of marine insurance. A fortnightly column on marine Insurance y
      649 words
    • Article
      Lock icon US cites progress in ending global shipbuilding subsidies
      236 44 Reuter US TRADE REPRESENTATIVE Carla Hills said on Friday that enough progress had been made in talks aimed at ending global shipbuilding subsidies to postpone a possible investigation into subsidies by West Germany, Japan, South Korea and Norway. The Shipbuilders Council of
      Reuter  -  236 words
    • Article
      Lock icon Sovcomflot in 40-ship leaseback
      391 44 Lloyd's List A FORTY-SHIP sale-and-lease-back deal has been agreed on between Soviet shipowner Sovcomflot and an international consortium of banks. The deal will help finance the Soviet Union's newbuilding programme and will involve Soviet seafarers joining a Swiss union. The vessels are being reflagged from the
      Lloyd's List  -  391 words
    • Article
      Shipsales
      411 44 THREE 1982-BUILT combination carriers, the Ensor (126,996 dwt), Permeke and Vesalius 135,160 dwt each) have been fixed for five years at US$2O,OOO per day by an unnamed concern, with a purchase option of US$lOO million enbloc. Vessels on offer Bulk Carriers Aatna Plonoor 16,873 dwt and built 1969, on
      411 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      62 29 I BALTIC I MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCU METTE RIIS 02 03/4 10/4 SUPER EIGHT 01 09/4 16/4 CALL: *****71 (See Page 13 Column 4). Lines and services represented by Members oI the Registry of Accredited Shipping Agents, Singapore National yJßiZiffcl Shipping Association. For advertising and circulation
      62 words
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      Page 29 Advertisements Column 2
      342 29 THE SPECIAUST IN: Wire Rope Slings Lashing HJ fit iviaienara testing Lm I *Si* m m FACILITIES jj/M Lifting AVAILABLM^jj ]fjj[ IMERMAMNE SUPPLY CO. (PTE) LTD. THj anm (I UNES) TUL MCCO RS KB FAX: K4C7 INSIDE Oil platform headache THEY COST billions of dollars to set up, and will
      342 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      47 30 TUGBOAT "PACIFIC TIDE NO. 3" BUILT MAY 1976 NKK CLASS 10,000 BHP PANAMA FLAG VESSEL OPEN SINGAPORE 6TH/12TH APRIL AND OWNERS KEEN TO TOW BARGES/BOATS/FLOATING OBJECTS, ETC, ETC. TO WEST COAST INDIA OR MIDDLE EAST. CAN OFFER COMPETITIVE RATES. PLEASE PROPOSE TO TLX. R*****4 TRDCHT FAX. *****28
      47 words
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      Page 30 Advertisements Column 2
      59 30 NOTICE M.V. "PIMNCEBB" VOVJ Arrived HUgapare Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a General Survey will be held on the 3.4.1W0 (Tuesday) at Keppel Wharves Kl9 from 0900 hours 1200 hours. No further survey will be entertained thereafter. Agenta: "K" Line Kinkai Bouatead
      59 words
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      Page 30 Advertisements Column 3
      75 30 Contact telephone number* (T*n|ong Pager Terminal) Section 1 Secrton 7 3 ««i«phon« t«l«phoo« lelephone CI *****20 32H792 C« *****24 C» rs!!^ riN BiiMO C 4 *****43 321 M«J C» 32M464 rlft-Tnii m ON-*****43 CIO *****70 S s _Tjb? ismmiiss ess-*****44 c«- *****44/*****42 C 4-3211.39 *****41 CI2N *****42 VIM CAN 32H13*
      75 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2193 31 %lllf# 200 Cantonment Road #12 05 Southpoint. Singapore 0208 \llVf# t«i *****11 telex no rs ***** f IIIIIW TERMINAL/CFS TO *****18 220 I' CnVq*l bookings t«i *****34 23s L VW9T J PESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KELANG TEL: *****18 TELEX NO MA***** MA***** PENANG TEL *****4 TELEX NO
      2,193 words
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      Page 31 Advertisements Column 2
      2303 31 Vmhl Voy ETA 1 ETD 'Port 'Panang DESTINATIONS Singapore Kelang Tina II nil Mar it M Closing Tuna Faadar by jr« o*oo HRS M Farco t Cfi 2/4 1800 MRS M Tauro OAK LOB MOU MEM ATL MIA CHS BAL PML NYC MOM TOR MARIT M 9004 3/4 4/4 Sk)
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1135 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOLAGA BAY 09/540 4/4 6/4 24/4 26/4 26/4 29/4 ALASKA MARU 10/543 10/4 12/4 30/4 2/5 4/5 5/5 7/5 TOKYO BAY 97/542 12/4 7/5 1/5 3/5 30/4 6/5 HEIDELBERG EXPRESS 06/546 16/4 20/4 6/5 10/5 12/5 13/5
      1,135 words
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      708 32 SOUTH PACIFIC SERVICE 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 Agents. SINGAPORE: *****00 NORTHBOUND TO UKC S PORE RDM/A DAM HBC HULL(UK) IVYBANK V 26N In Port 19/4 24/4 28/4
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      Page 32 Advertisements Column 3
      1459 32 BavMASiA ajnm ■Mi REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LMA (via jvU (Via NORASIA SAMANTHA 9005-3 06/04 11/04 23/04 21/04 02/05 04/05 06/05 07/05 01/06 ?O«AS.A SUSAN 9006-3 13/04 17/04 29/04 M/S 06/S 10tt 11® u£> 13/W
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      1574 33 SgSteamers Maritime Holdings Ltd fWm Containers MJ»»—« Spere P Klang S tan HV| ■'haven R'da» Ltd A f C^ PTS UE SA LS TOLACA SAT OWM OMM WOt HM »W 2VX 0M» CARCO ALASKA MARU lorn ll* x»4 aw H« asm mm MERCURY PEARL VO2E Kuth, Bint, Miri Daily In
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      1696 33 TO: EUROPE TO: FAR EAST SJ> IH ROM HAM BRt FIX SPOR£ HK KAO BU CHOYANC SUCCESS DM* 1W 1/5 2/5 1/5 5/5 5/5 HANJIN ROTTERDAM 007E 5/4 S/4 11/4 l»4 HANJIN TONGHAE 073W 21/4 5/5 10/5 11/5 13/5 14/5 CHOYANC CHANCE 04tt 12/4 11/4 11/4 2M HANJIN ROTTEROAM OOMW
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      350 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC AMBALIKA ASEAN PIONEER TRADER VOY. NO. 4 54 1 S port In Pt 10/4 27/4 P Kelang 16/4 30/4 Penang Hong Kong 5/4 Yokohama 14/4 11/S 20/5 Napoya 12/4 9/5 11/5 Oukj 10/4 7/5 l(/5 Stnboku Kashima Funabasht 'For
      350 words
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      646 34 iwafefei D JASAGETRI« A Joint Europe SorvJce Of: P.T. DJAKARTA LLOYD P.T. BCSUIII LLOYD P.T. SAHUOERA iNOONESIA P.T. TBIKOM LLOYP CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY S TORE R DAM/ H BURG BREMEN ANTWERP ADAM S PANJANCJ2SWB 22-25/4 23/5 27/5 l/« 3/S MATARAM 2SWB 30/4- 2/5 Hi 10/S 2/t
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      Page 34 Advertisements Column 2
      758 34 HANJIN SHIPPING I yy FULL CONTAINER SERVICE rasr-ssr sr sr-ar BESanr rflS'sEs 1 s CHOYANG SUCCESS OOIW 14/4 2/5 3/5 4/5 6/5 7/5 1M SSIM? 1 115 HANJIN TONG HAE 073W 21/4 9/5 105 11/5 13/5 14/5 90UN 5 T ,OCt OUI W 11 ROUI w HANJIN ROTTERDAM 001* »/4
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      62 34 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, Mersin F.S. SHAN 29/4 Alexandria, Tripoli/Lebanon F.Y. SHAN 09/5 Beirut, Lattakia, Piraeus S. SHAN 10/4 Lagos. Matadi MELITA/9007 10/4 Madras EXPRESS CONVENTIONAL SERVICE Vessel
      62 words
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      1408 34 -4TJ—I-TpJ-IPKL SCP HKC KSC KL6 PUS HRT OSK TYO BAL LHV ANW ROM FIX HK SCP EVE* GATHER 7/4 11/4 11/4 14/4 17/4 19/4 a/4 MM IWS 29/5 30/5 3W 24 244 EVER GRACE 1/4 :0< 114 1M 20/4 23/4 2*4 #0 »4 25/5 M U 7/1 W 1M 3.7
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      1330 35 JS£ss?J9*# PACIFIC INTERNATIONAL LINES (PTE) LTD fcsy Km mm JWBF P'L Building, 140 Cecil Street #03-00, Singapore 0106. VESSEL VOY SIN J'KT SIN VESSEL VOV SIN BKK UN SEA PEARL 0430 414 14 *14 PEGASUS PIONEER 7«N 14 14 10/4 EDEN 9006 4/4 14 11/4 HAI HUI 71N 414 7/4
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      Page 35 Advertisements Column 2
      1112 35 BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint liA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT [SP PK STON HAM BHAVEN ROAM HAVRE Toiaga Bay 4/4 6/4 24/4 27/4 28/4 26/4 25/4 Hamburg Express OMIT 30/4 24/4 26/4 23/4 29/4 Alaska
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      513 35 tegK MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Penang Bangkok PAGAN V/S4W 31 MAR/2 AM MYOMAYWA VI2SW 21/31 MAR HPAAN VI 4Mf S/7 Apr THE BANK UNI (A service of Andrew Weir Shipping) \\r SEMI-CONTAINER SERVICE U HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA
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      Page 36 Advertisements Column 1
      550 36 0,1 )Wi!KMif IRANIAN SERVICE Singapore Loading for:IRAN TEYFOURI 2/4 Banda Abbas A VSL MID Banda Abbas (National Um Of Moxlco) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKC LB CNS£NAOA L CARDENAS S.CRUZ MANZANILLO TOLUCA V-10 30/3 22/4 24/4 2M 30/4 2/S ■ITAL V 24 «4 lIS 13/5 OAXACA Vl2 ia/4
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      Page 36 Advertisements Column 2
      377 36 /HYUNDAI MERCHANT MARINE CO. LTD, EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SLA FROM PSW L6H OAK SEA HKC SIN HYUNDAI COMMANDER IK 07/04 12/04 30/04 03/05 06/05 HYUNDAI """OVAJOR 3NJ 05AB OMB IMB 2MB 06/04 HYUNDAI PIONEER 31E 13AM IM* 07/05 10/06 13IK HYUNDAI
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      Page 36 Advertisements Column 3
      271 36 CCNI# Compart la Chilena de Navegacion Intrroceanica 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 AGENTS B BORNEO SHIPPING PTE LTD MASBL)LDMGfIS-03A7 L J«RJ,LfI VIII 10SH6NTON
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      Page 37 Advertisements Column 1
      846 37 n^rf MAHTTIMK PTK I.TI> FCL/LCL TO: TAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG 8/4 TOKYO 5/4 LE HAVRE 9/4 LAUTOKA —13/4 KEELUNG 8/4 YOKOHAMA 5/4 ROTTERDAM 9/4 SUVA —13/4 MANILA 6/4 KOBE 5/4 UK PORTS 9/4 BANGKOK 8/4 A ST rai IA HAMBURG 9/4 EAST AFR ,g A HONGKONG =5M
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      Page 37 Advertisements Column 2
      698 37 Nedlloyd WE GIVE YOU THE WORLD £|ffiu/l Nedlloyd Lines NEW ZEALAMP/FUI I 9 Jkt PKt W T&I r S'baya Fij.(A) HpHyroutMA) Ttawni Lyttotton<B) Ounw n(B)Nader *Wlinf^>7c) Tiurinfi N RocNetf "3006 11/4 14/4 U/4 11/4 13/4 11/4 1/5 1/5 3/5 3/5 4/5 4/5 W Jfi W N. MMP 25/4 21/4 25/4
      698 words
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      1159 38 N. AMERICA-ATLANTIC COAST ES23SI VOY *INDO 'PK/PNG fsGP LB CHLS NFK NYC HFX 23 2/4 3/4 5/4 28/4 8/5 10/5 12/5 W 30 9. 10/4 1M *5 W £5 SJ 22 OOCL FAITH 19 22/4 21/4 19/4 12/5 22/5 24/5 26£ 3£ OOCL FRIENDSHIP 19 23/4 24/4 26/4 19/5 29/5
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      Page 38 Advertisements Column 2
      1647 38 fimTsiN now *<IQAY) *(1 DAY) BOOK.NG CONTACT I I B 06/M/90 PORT KELANG PENANG BANGKOK VICTOR —|TWICE/WKLY BOOKING. CONTACT w H| FTD SIN (3 DAYS) (2 DAYS) (1 DAY) jjjlff unar. Knar. ■..nmnmr. KEtLUNG |jOYCE))UOY TWICE/WKLY ETD SIN 1 (6 DAYS) I I M'MY) I -HOAYS) I CCBCMCKITI rZZTZiri I
      1,647 words
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      1737 39 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 ma usa *****16, far east-*****48 Aff Documentation: *****44/*****14 fIW Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 IL/VOY PEN PKG 9CP MOTHER VSL/VOY 9CP LEH FLX
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      Page 39 Advertisements Column 2
      1203 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Kbrket Street Singapore 0104 Tel. *****33 (15 Lines) Terminal Office: IMK4I/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** Pf MAMC KCLAMC MESSRS HAI THONC SMIPPINC 127 NwwSlrwt (Wit Malayw CO MM. jW. MM SMHM Shphm
      1,203 words
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      512 40 f DSR-LINES VEB OEuTFOACHT.SEEnEEDEREi ROSTOCK DSR LINES VEB OEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND E. THAELMANN 2/90 RUEBELAND 2/90 ■VIA URNACA. ACCEPTING CARGO FOR IIMASSOL BEIRUT. LATTAKIA, ALEXANDRIA, ISTANBUL, TRIPOLI. ME RSI N, PORT SAID. PIRAEUS. THESSALONIKI, IZMIR, TO COLOMBO
      512 words
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      Page 40 Advertisements Column 2
      1412 40 UKC COWVKWTIOWAt WYBCE Vmml P KLG PNC PC Loadinf for TONCCHUAN 30/3 Rottortam/Antworp YANGCHUAN 28/4 Rottonlam/Antworp CHINA r«U COHTAQ4MM WBIVICE VMMI PKL PNC SPORE BKK HKG SNA QIN LYG WEI HE SO 27/3 25/3 31/3 i/4 10/4 YANG FANG KOU 125 31/3 29/3 5/4 U/4 19/4 20/4 Accepting FCL Cargo
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      Page 40 Advertisements Column 3
      1087 40 r i POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka IRAN Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 8/4, 13/4, 2Z/4, 29/4, 12/5, 16/5 I EUROPE ~l To all inland points: VIA
      1,087 words
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      1099 41 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 5/4 11/4 A VSL 11/4 17/4 A VSL 13/4 19/4 (Conventional Service) ETA S'PORE LOADING FOR EJANGLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 7/4 CTG/MONGLA EAST BOUND SERVICE ETA S'PORE LOADING FOR A VSL 30/4 Ummqasr/Baghdad •t mmmmmtmm W EAST
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      Page 41 Advertisements Column 2
      206 41 VESSEL I VOY ETA LOADING FOfl SPOWE ANOINET WWS VOS DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA MOOEIOAM ABBAV WON 2 24W8 »06 DABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOPE IP AH n KIEN HUNG HUE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy ]Spore~
      206 words
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      Page 41 Advertisements Column 3
      617 41 MASKAPAI PELAYARAN TOpulau LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED- DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA t 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
      617 words
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      Page 41 Advertisements Column 4
      670 41 EEmi BAY OF BENGAL SERVICES MADRAS CALCUTTA vessels m >m maa sin METTE RIIS 02 NIC 03/4 10(4 17/4 INGER RIIS 02N90 10*4 17/4 24/4 METTE RIIS 03N» 17/4 24/4 01/5 YEAR BUILD INGER RIIS <BN» 24/4 01/S 01/5 —1M DANISM MEETE RIIS 04N« 01/5 01/5 15/5 FLAG INGER RIIS
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      Page 41 Advertisements Column 5
      363 41 TO AUSTRALIA/NEW ZEALAND AM** mussu Ms 1m aS Si w ifl ufl c vttouK m aw w Hi« Si nii ANTWtOffN 247 UH lift 2V5 2M M V» twt mn m ~m iw ni S* Si w 7 DATS TO FREMANTLE! TO USA/CANADA va &mnon OfiMm Ciwriwton PtiiUMftiu Halifai WUSUI
      363 words
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      738 42 COMPANIA PERUANA 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. Kelang Singapore KIURRAYEVERETT In Pt/4 Apr 5/7 Apr KAMALEVERETT 20/22 Apr 23/25 Apr THOMASEVERETT 26/28 Apr "EVERETT ORIENT LINE" JAPAN/BAY OF
      738 words
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      Page 42 Advertisements Column 2
      679 42 FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East 4 West Coast, Carribfcean.East Canada, HAITI Guatemala and Honduras VSL IS PORE [MAINLINE* [LAX |KST [SAV [NYC |HfX ZIM SYDNEY 1/4 ZIM TOKYO 6/5 15/5 11/5 20/5 22,5 ZIM BRISBANE IZ/4 ZIM PUSAN 15/5 24/5 27/5 2*5 315 ZIM KOPER 19/4
      679 words
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      Page 42 Advertisements Column 3
      727 42 SING KWANG HANGI SHIPPING ft TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 4/4 7/4 JENWEL 30/3 I 214 VESSEL S PORE BANGKOK I A VESSEL 31/3 3/4 1 A VESSEL 7/4 10/4 DESTINATIONS ETA SINGAPORE PORT KELANG 30 MAR MANILA 2 APR HONG KONG, ALL
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      Page 42 Advertisements Column 4
      485 42 ]?ERINTIS LINE 111 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOV SINGAPORE JAKARTA SURABAYA PRASETIA 81A 04/4 07/4 PELOPOR 936 7/4 10/4 PRASETIA 83A 11/4 14/4 PELOPOR 937 14/4 17/4 TANTO UTAMA 65 04/4 07/4 TANTO UTAMA 67 11/4 14/4 TANTO UTAMA 69 18/4 21/4 TANTO UTAMA
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      Page 42 Advertisements Column 5
      423 42 SIM FAH EAST 8/4 KEELUNG/KAOHSIUNG 8/4 BANGKOK 6/4 MANILA 7/4 JAKARTA 6/4 PORT KELANG/PENANG 5/4 BUSAN 5/4 TOKYO/YOKO/KOBE 9/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 8/4 LDN/FLX/LVP/SOU 8/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 6/4 L.A./NYC/SFO 6/4 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND 5/4
      423 words
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      111 43 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEUVOY SPORE SURABAYA JAKARTA PERM AI I 0033-033 IN PT 5/4 7/4 PERM AI I 0034-034 10/4 13/4 15/4 PERM AI I 0035-035 18/4 21/4 23/4 PERM AI I 0036-036 26/4 29/4 1/5 S'PORE DEST. 1 LUNG YING IN PORT BKK ANLI 31- 5/4 HONGKONG/HUANGPU BALSA
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      Page 43 Advertisements Column 2
      147 43 Egyptian International Shipping Company SERVING DIRECT TO/FROM PORT SUEZ, ALEXANDRIA, AND PORT SAID BY EGYPTIAN FIAG VESSEIS USTiOQHD fH |Cm NILE V 204 ETA SPORE 15/4*o ["wtrnouwo to ictpt sphinx vim eta spore mm/so ACCEPTING CONTAINER AND CONVENTIONAL CARGOES S PORE AGENT KAWASAKI S PORE (PTE) LTD TEL 221W77 143
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      Page 43 Advertisements Column 3
      519 43 VSL DESTINATION ETA SIN CHAIYA BHUM V 02N BANGKOK 2/4 MAHA BHUM V 03N BANGKOK 4/4 SIRI BHUM V442N BANGKOK t/4 PIYA BHUM V.2HN BANGKOK 7 4 SO ORIENT 13R CEBU. MANILA 2/4 AKA BHUM 14S CEBU. MANILA 6/4 VIRA BHUM V.71 CHITTAGONG. MONGLA 2 4 0 SINCERITY 22A KARACHI.
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      768 43 7RAMS~ZJA/K. ft/J PENANGKL: allico-LINK SINGAPORE: 04-*****2 03-*****55 778 6522(22 lines) SEES) Marina Ong Swmk Wg/ChrtaOiia CMm AJtoa YmMmt Yao SM PTL DBM RBY I LONDON BRIDGE VOYO6W 07/04 16AM 23AM 28AM IOHFU VOYOBW 19/04 30AM 05/05 OMIT ALS PROSPERITY VOYIOW 29/04 10/06 15/06 OMIT Accaptinq FCL' for Johannaaburg VESSEL RSY
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      1008 44 EXPORT TO: UK/CONTINENT (TRIO) TOLAGA BAY |T 'V ISf w" ST" 5T Kg-* A— m m W B4 ;to all OK daatinatiam. Balfaat and (hiWifl aw ■"■"I ?_J s S MEDITERRANEAN (MED CLUB)* JEDDAH SIN J£D H^VSVVVjTB Singaport Piraeus B'cttana M'm«Um G*noa T>«««t« jrutciA BAY 4;4 HAillUiUfl MiPfOMiCA jT 92
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      Page 44 Advertisements Column 2
      52 44 NOTICE 1 PTC GROUP Notice is hereby given that MR TNG CHYE LEONG, PHILIP NRIC NO: *****84/H has ceased to be in our employment with effect from 1 April 1990 and is therefore not authorised to transact any business or collect any payments on our behalf. POH TIONG CHOON SHIPPING
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      19 44 THE WORLD'S GATE IS OPENING NOW!!! o» v C H> WORLDGATE EXPRESS LINES PTE LTD The Difference is QUALITY
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  • Page 44 Miscellaneous
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      Page 44 Miscellaneous Column 1
      146 44 IQS HOE Ny IPS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON APRIL 2. LEGEND P T Temperature o c un trs orm Weather Wind direction with speed in knots TJ Shower Ram Wave height Cloudy Sky Surfoce winds are indicated by orrows which fly with the wind One
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