The Business Times, 5 April 1990

Total Pages: 38
1 38 The Business Times
  • 10 1 BUSINESS TIMES MCI (P) 170/12/89 Thursday April 5 1990 75*
    10 words
  • MARKETS SUMMARY
    • 56 1 THE DIRECTION of industrial development in Hongkong will not be significantly affected by 1997 when the British colony reverts to Chinese sovereignty. Hongkong Director of Industry TH Barma said that overseas investors were taking a long-term view and valued the territory for
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    • 31 1 UNITED OVERSEAS Land is on the lookout for more hotels to buy even as it prepares for the launch of its latest, New Park Hotel Page 2
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    • 31 1 THERE will be 48 more weekly scheduled services from Changi Airport from April to October to popular destinations such as Malaysia, Japan, Thailand, Australia and the US Page 2
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    • 33 1 CALTEX OIL (Thailand) has proposed building a sixth oil refinery on the Southern Seaboard in return for the right to build its fifth refinery on the Eastern Seaboard Page 7
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    • 23 1 US AND Japanese negotiators have reached agreement on expanding opportunities for the sale of American satellites in Japan Page 8
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    • 21 1 THE Soviet Union's mighty defence industry is looking for Western partners to make much needed consumer goods Page 9
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    • 30 1 A GROUP of insurance companies is locked in a legal tussle with salvagers over the treasure dug up from the sunken wreck of the 132-year-old ship Page 15
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    • 22 1 THE INCREASING popularity of Johor Port in Pasir Gudang is causing concern among some Singapore forwarders. Shipping Times Page One
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  • NEWS SUMMARY
    • 41 1 SHARE PRICES dipped at the start of Wall Street trading yesterday. The Dow Jones average of 30 leading industrials, which soared 36.26 points on Tuesday, was off 1.13 points five minutes after the opening bell, at 2,736.71 points.
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    • 41 1 UK share prices were slightly lower at noon yesterday as worries about the future direction of the Tokyo market countered early optimism based on Wall Street's strong close. At 1123 GMT, the FT-SE 100-share index was 5.4 points down.
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    • 40 1 LOCAL stockbroking firm G K Goh is going places it's the only homegrown firm invited to take part in a new fund led by a New York-based firm to invest in the emerging European markets Page 3
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    • 36 1 A NEW investment fund launched by Morgan Grenfell Asia has taken up a 10.3 per cent stake in a Hongkong pub-licly-listed company owned partly by the Chuan Hup and IGB groups Page 3
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    • 24 1 AUSTRALIA eases monetary policy again, but the Aussie dollar is expected to rise in the next few days Page 6
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 767.52 +3.62 Kuala Lumpur .2,924.47 -36.84 Hongkong 2,960.88 -1.57 Tokyo 28.442.94 -316.78 Sydney 1,516.2 +11.0 Tuesday Change New York 2,736.71 +36.26 London 2,240.7 +19.1
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    • 21 1 Exchange rates USS SSI.8800 Yen (100) SSI. 1850 MS SS0.6888 Money market rates Overnight 4 unch 3-month 6 5/16% -2/16
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    • 35 1 London Gold PM fix US$374.25 -US$0.75 Rubber S'pore May l56.25Vkg +0.25 M'sia May 226.50«/kg unch KL Tin Turnover...... 105tonnes -49 Spot M$17.90/kg +0.12 Crude palm oil futures Turnover 1,210 lots -382 April M$669/tonne -1
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  • 324 1  -  By Walton Morais and Genevieve Cua SINGAPORE Telecom's international marketing arm is making inroads overseas with the setting up of two joint ventures in Thailand. Singapore Telecom International (STI), a whollyowned subsidiary, has joined two Thai companies to launch a nationwide computer
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  • 377 1  -  From Walton Morais in Penang THE STRATEGIC link-up by Penang, Perak, Kedah and Perlis will complement the triangle of growth concept proposed by Singapore for Batam, Johor and the Republic, Penang chief minister Dr Lim Chong Eu said yesterday. He said the agreement by
    377 words
  • 277 1  -  By Soh Hang Keng THE VOLATILITY of Japanese stock prices in the last few weeks has produced a trading boom in Nikkei futures at the Singapore International Monetary Exchange. Daily average volume of Nikkei stock index futures traded on Simex soared to
    277 words
  • 119 1 Bernama THE AVERAGE consumer price index for Malaysia for the first two months in 1990 increased by 2.2 per cent to 135.7 compared with that of the same penod in 1989, the statistics department said yesterday. Except for gross rent, fuel and power for which
    Bernama  -  119 words
  • 176 1 MBT THE MALAYSIAN government will allow the free import of building materials if local manufacturers are found to be profiteering from their tariff protection, says Trade and Industry Minister Datuk Sen Rafidah Aziz. The government will not hesitate to remove or reduce protective tariffs on
    MBT  -  176 words
  • 502 1  -  From Catherine Ong in HONGKONG THE FIRST OVERHAUL of the Hongkong Takeovers and Mergers Code in 15 years is underway and proposals have been made to speed up transactions, introduce tougher sanctions for offenders, and keep the takeover trigger point at 35 per cent. Releasing
    502 words
  • 129 1 Reuter PT ASTRA International, which had already been trading on the grey market well in excess of the issue price, made its debut on the Jakarta Stock Exchange yesterday, more than doubling in value. Brokers cautioned that under the system in Jakarta
    Reuter  -  129 words
  • Page 1 Advertisements
    • 271 1 TBupberrysl I t I I Reigns when it pours DIRTY SHADES OF RED 10 WHEN PUBLIC BOON IS PRIVATE WOE 11 WATCHDOG SNIFFS OUT TALL TALES 12 Advertising Marketing 12 Money Changer Rates 23 Woild News 8, 9 Aircraft Schedule 23 Money Market 21 World Stock Markets 20 Commodities 22
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    • 104 1 TOTAL I TRANSPORTATION SERVICES ss] tel: 265~3833 CROWN PACIFIC 66 Cosy Ambience, Impeccable Service fine Hong Kong cuisine ikPfiii Tbe Superior Shark s Fin for YJI A delectable combination of Hongkong Dian Xin prepared true Cantonese cuisine J baute Cantonese disbes 1 with tbe unique connoisseurs We prepared it £.1
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  • HOME NEWS
    • NEWS ROUNDUP
      • 88 2 WITH AN EYE on expanding into South-east Asia, the New Zealand Meat Producers' Board is coming to Singapore to meet local importers and distributors. The board, represented by chairman David Frith and chief executive officer Jim Thomson, sees good potential for increasing meat
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      • 121 2 THE DIRECTOR of Prisons and acting Deputy Commissioner of Police, Mr Tee Tua Ba, has been promoted to the substantive rank of Deputy Commissioner of Police (Superscale D) from last month. Mr Tee joined the police force in 1967. Another senior police officer, Mr Lohman Yew,
        121 words
      • 87 2 THE LEGAL SERVICE had a total of 153 officers as at the end of 1988, 100 in the legal branch and 53 in the judicial branch. The number of posts in the service was 163. During the year, 11 officers resigned, up from eight in 1987 and
        87 words
      • 64 2 COMPETITIONS will be organised by the Ministry of Health as part of the National Smoking Control Campaign 1990. Members of the public are invited to take part in cartoon drawing, poster design and song composition contests. Special competitions have also been organised for students based on the theme
        64 words
      • 90 2 FEDERAL EXPRESS in Singapore saw volume grow by 45 per cent in the first nine months of 1989. This was accompanied by a healthy 60 per cent rise in revenue. Country manager Michael Goh forecasts a "very good year" for the Singapore operations in its
        90 words
      • 55 2 IN OUR REPORT yesterday headlined "Liem Sioe Liong buys Lamipak assets" we said Mr Liem's company was called KPM Pte Ltd and that he had set up a new company called Lamipak KPM. Mr Liem's companies are, in fact, called KMP Pte Ltd and Lamipak KMP. We
        55 words
    • 386 2  -  By Suzanne Soh BANKING on strong tourism growth for the 90s, pub-lic-listed United Overseas Land (UOL) is on the lookout for more hotels to invest in. Meanwhile, the property group is busy preparing for the launch of its $95 million New Park Hotel in June.
      386 words
    • 295 2  -  By Lilian Ang MORE air services to popular destinations such as Malaysia, Japan, Thailand, and the US, are to be introduced at Changi Airport from this month. A Civil Aviation Authority of Singapore statement yesterday said there will be 48 more weekly
      295 words
    • 182 2 THE SCENT made by Lancome and marketed exclusively by Singapore Airlines, Reves De Singapour, will be back on board SIA flights from next month with a new bottle, packaging and the SIA brand name. This "contemporary version of a classic floral scent" involved about $300,000 in
      182 words
    • 273 2 THE PACIFIC PARTNERS who have prospered economically under years of the US military shield must now do more to ensure the Americans' continued presence, said US ambassador Robert Orr yesterday. Addressing the annual general meeting of the American Business Council, ambassador Orr warned
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  • Page 2 Advertisements
    • 163 2 ir t/&v At Thai we believe that you shouldn't spend too much of your valuable home leave going home. To prove a point, our non-stop flights to Amsterdam, Athens, Copenhagen, Frankfurt, Helsinki, London, Paris, Rome, Stockholm and Zurich from Bangkok get you home faster. And along the way, our warmth
      163 words

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • MARKET SUMMARY 1
      • Article, Illustration
        175 3 Other indices Close Previous Net change Apr 4 Apr 3 BT Composite 1320.59 1331.29 -10.70 BT-MGA 767.52 771.14 -3.62 ST Industrials 1543.01 1555.92 -12.91 BT OB/OS -341 -232 -109 BT CADI -5699 -5618 -81 BT 10-day MA -5472 -5438 -34 BTOBV +*****90 +*****61 -***** ST Finance 2588.60 2590.19 -1.59
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      • 101 3 Indices Close Previous Net change NST Industrial 2924.47 2961.31 -36.84 NST Finance 3922.03 3942.80 -20.77 NST Hotels 2056.23 2083.83 -27.60 NST Properties 1546.09 1564.26 -18.17 NST Tins 565.85 564.19 +1.66 NST SRubbers 2468.52 2456.95 11.57 KLSE Composite 561.20 565.13 -3.93 Turiww ('000) Industrials 16,244 20,846 -4,602 Finance 5,199
        101 words
    • COMPANY BRIEFS
      • 76 3 MALAYSIAN PACIFIC Industries Bhd is to buy from its 70 per cent-owned subsidiary Carter Semiconductor (M) Sdn Bhd a 70 per cent stake in Carsem (M) Sdn Bhd for M 510.5 million. Carsem is involved in the manufacture and sale of semiconductor devices and electronic components.
        76 words
      • 50 3 PUBLIC BANK BHD will increase the share transfer/splitting fee from Msl to Ms 3 for shares lodged for registration/splitting from May 1. The bank said the registration/splitting fee per new share certificate issued would now be Mss, inclusive of the Ms 2 stamp duty.
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      • 104 3 LEMBAGA Tabung Angkatan Tentera (LTAT) has reduced its shareholding in Hexza Corporation Bhd to 6.75 million shares through a series of disposals between March 7 and 20. It said that the disposals involved a total of 54,000 shares. LTAT said it had acquired 40,000 shares
        104 words
    • 402 3  -  From Catherine Ong in HONGKONG A NEW investment fund launched by merchant bank Morgan Grenfell Asia has taken up a 10.3 per cent stake in a Hongkong public-ly-listed company owned partly by the Chuan Hup and IGB groups. The purchase of 37
      402 words
    • 169 3 MBT THE KUALA LUMPUR Stock Exchange has amended its rules which now require all its member firms to become limited liability companies by June 1. This means that all broking firms must now comply with the Ms2o million minimum paid-up capital requirement, thus clearing
      MBT  -  169 words
    • 553 3  -  THE HOCK LOCK SIEW COLUMN By Abdul Hadhi WHILE MOST other companies are seeking ways to increase their profits, much of plantation-based Ganda Holdings' energies have been taken up by selling assets to lighten its debts. The group's huge debts, standing at around
      553 words
    • 503 3  -  By Magdalene Ng G K GOH has earned the distinction of being the only local broking firm to be invited to participate in a new fund led by a New Yorkbased firm to invest in the emerging European securities markets. The fund
      503 words
    • 405 3 Bernama HATIBUDI NOMINEE Sdn Bhd, which has controlling stakes in the Projek Lebuhraya Utara Selatan Sdn Bhd (Plus) and United Engineers (M) Bhd (UEM), is set to take over the operations of the soon-to-be privatised commercial printing branch of the Government Printers. The company,
      Bernama  -  405 words
    • 280 3 MBT RENONG BHD's executive chairman Dr Chan Chin Cheung has denied that he sold a 30 per cent stake in Renong to Pacific Fleet. He said that his interest in Renong remains at 32 per cent, adding that that his purported sale to Pacific
      MBT  -  280 words
  • Page 3 Advertisements
    • 155 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. I I jf f: Sf' I V *> c?% I HBr ~<r/ J O A 1 |V *vM^B^Bjß3^3PaS^» Mode) shown *****418 58 Blanc paiN Faithful to the traditional art of watchmaking, each watch is still
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  • REGIONAL COMPANY NEWS
    • 182 4 HONGKONG lndk*S Close Open High Low Volume Change Hang Seng Index 2,960 2,961 2,975 2,954 -2 Hang Seng Spot 2,956 2,976 2,976 2,955 262 -9 Close Previous Net Change Apr 4 Apr 3 Hang Seng Finance 2,021.52 2,017.52 -4.00 Hang Seng Utilities 3,***** 3,588.33 -13.38 Hang Seng
      182 words
    • COMPANY BRIEFS
      • 99 4 YAMAICHI Securities Co Ltd will join the Asian Development Bank (ADB), Bank Negara Indonesia (BNI) and four Indonesian firms in setting up a securities house in Indonesia, a Yamaichi spokesman said. The securities company, capitalised at 15 billion rupiah but not yet named, will be owned
        99 words
      • 86 4 ELDERS Resources NZFP said it has Commerce Commission approval to buy the key assets of Packaging House, a unit of NZ Equities Ltd. NZ Equities is now in receivership. The commission is New Zealand's anti-trust authority. Agreement had previously been reached with the receiver of
        86 words
    • 588 4 FT INCO, the Canadian group which is the world's largest nickel producer, is expected to collect about US$25O million before expenses for the 20 per cent of PT International Nickel Indonesia it has put up for sale and a value of
      FT  -  588 words
    • 246 4 AFP THE FRENCH oil company Elf Aquitaine has made its third find of oil and gas in Brunei, on block B, 50km (30 miles) off the coast, it announced yesterday. Tests on the four levels of the Maharaja Lela 1 well gave an accumulated
      AFP  -  246 words
    • 341 4 Bernama THE Malaysian beer market is expected to grow between 3 and 5 per cent to 824,000 and 840,000 hectolitres this year after its sharp 12 to 13 per cent growth last year, Carlsberg Brewery Malaysia Bhd's chairman, John Madsen said.
      Bernama  -  341 words
    • 288 4 Reuter PHILIPPINE food and beverage company San Miguel Corp (SMC) is confident the government would approve a deal with a local bank to end a four-year dispute over ownership of 33.1 million SMC shares. Under the deal, which now covers 175.2 million shares
      Reuter  -  288 words
    • 195 4 Bernama MALAYSIAN TOBACCO Co Bhd said although trading conditions in the domestic cigarette market are expected to remain difficult, it is confident of the future and is now soundly placed to exploit opportunities. In his latest annual statement, the chairman, Mohd Ghaus bin Badioze Zaman,
      Bernama  -  195 words
  • Page 4 Advertisements
    • 172 4 sr j* TRAVELLING COMPANIONS FOR THE PRIORITY CLASS i m I ■tfe j iil 1 t ff are for those who have the to be whose when to be accomby the "w" offers you the luggage the "lii »*——world. Made alloy, they brave the Their German comes '~"ii 1 on
      172 words

  • INTERNATIONAL COMPANY NEWS
    • 555 5 Reuter GENERAL MOTORS Corp, in shaking up its top management, is admitting that it needs to be more productoriented in order to withstand intensifying foreign competition, say US analysts. Japan, especially, is making serious inroads into GM's US market share with a
      Reuter  -  555 words
    • 433 5 Reuter SCANDINAVIAN Airlines System (SAS) invested almost 10 billion crowns in 1989, which burdened it with interest payments and pushed profits before extraordinary items down 40 per cent to 2.21 billion crowns. "The huge investments have of course brought greater capital costs, such
      Reuter  -  433 words
    • 312 5 Reuter SIEMENS AG of West Germany and The General Electric Co pic (GEC) have agreed on how they will restructure joint acquisition The Plessey Co pic, Siemens said in a statement. London analysts said the only surprise in the agreement was the
      Reuter  -  312 words
    • 92 5 NEW YORK Aprj Indices Close Previous N«t Change Dow Jones 2,736.71 2,700.45 +36.26 NYSE Composite 188.55 186.08 2.47 Standard Poor s 500 343.64 338.70 +4.94 Turnover (million) 154 124 +30 LONDON Financial Times 30 1,761.3 1,748.1 +13.2 FTSE 100 2,240.7 2.221.6 +19.1 Turnover (million) 541.8 527.4 +14.4
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    • COMPANY BRIEFS
      • 75 5 BRITISH PETROLEUM pic expects strong earnings in the 1990s in what the company expects will be a competitive environment for the industry. BP America president and chief executive officer John Ross said he expects a tighter supply-de-mand picture for world oil markets in the 1990s and
        75 words
      • 87 5 XEROX CORP has decided to take a pre-tax charge of US$4OO million in the first quarter to recognise investment losses by a Chicago real estate company in which it has a stake. A Xerox subsidiary paid US$lO6 million for a 25 per cent equity stake in
        87 words
      • 73 5 WEST GERMAN carmaker Bayerische Motoren Werke AG (BMW) will receive a US$l billion revolving credit line, co-arranger Dresdner Bank Luxembourg SA said in a statement. JP Morgan Securities Ltd in London is co-arranging the eight-year deal. Dresdner said the credit would be used for
        73 words
  • Page 5 Advertisements
    • 73 5 Well Connected. United jet in Singapore, you're in America. BAII of America. Without changing airlines. Because United can fly you on to more than 200 cities in 48 states, it's the most J I vsr 1* 11 iH"*' P *-A'wmmM hassle-free way to get to wherever in America you're going.
      73 words

  • FINANCIAL NEWS
    • 268 6 Reuter THE Australian Reserve Bank will operate in the domestic money market to reduce cash rates to within the range of 15 to 15.5 per cent. Cash rates closed on Tuesday at around 16.25 to 16.35 per cent. The reserve
      Reuter  -  268 words
    • 396 6  -  By Quak Hiang Whai IN SPITE OF yesterday's move by the Aussie central bank to ease monetary policy, dealers still expect the Australian dollar to rise against the Singapore and US currencies in the next few days. Local dealers
      Source: TeleTrac  -  396 words
    • 296 6 THE Singapore dollar, which rose sharply against its US counterpart early this year, should be able to hang on to most of its gains, dealers said. "The Singapore dollar is very stable and should trade in a tight range for the
      296 words
    • SMALL CHANGE
      • 69 6 THE United States believes the stage has been set for lower interest rates both at home and in other industrial countries. Senior deputy Assistant Secretary John Niehuss said that while inflation signals remain, they suggest a lower course for prices, "creating the right environment
        69 words
      • 123 6 MAURITIUS, the Indian Ocean island which began liberalising foreign exchange controls in 1988, will scrap controls altogether by March next year, Mauritian Finance Minister Vishnu Lutchmeenaraidoo said. "Abolition of foreign exchange control will promote Mauritian investment overseas," Mr Lutchmeenaraidoo said at the launching of a second-tier
        123 words
      • 98 6 TAIWAN'S central bank will take measures to push current short-term bank interest rates lower by between 1.25 and 4.5 percentage points. Bank officials said the central bank would continue repurchasing government paper, including treasury bills and certificates of deposit, from banks to further pump money
        98 words
      • 80 6 DUTCH Prime Minister Ruud Lubbers said that former Dutch Finance Minister Onno Ruding remained a candidate to head a new bank to finance economic recovery in East Europe. Mr Lubbers said after meeting President Francois Mitterrand and Prime Minister Michel Rocard that Ruding was maintaining
        80 words
      • 2 6 Dollar$ Non$en$e
        2 words
    • 418 6 FT THE London International Financial Futures Exchange is to join forces with the London Traded Options Market in a move that will create Europe's largest futures and options exchange. The two markets have discussed a merger periodically for more than three years. Monday's announcement surprised
      FT  -  418 words
    • 229 6 AP JAPAN's leading banks, which bumped US competitors from the world's top 10 list in the 1980s, are finding themselves squeezed by higher costs, reduced business and the Tokyo stock market's slide. Paul Heaton, senior analyst at WI Carr Securities, predicts that profits at
      AP  -  229 words
  • Page 6 Advertisements
    • 711 6 W SINGAPORE INSTITUTE OF MANAGEMENT I Explore the Most Successful Ways I o# Managing, Training and Motivating People I at the Conference on July 18 20, 1990 I Shangri-La Hotel, Singapore I I Roi Williams DrAvi Kluger Prol Mitsuyo Hanada II An international panel of HRM consultants and practitioners will
      711 words
    • 19 6 conJul rvicpiion 111 Penally where else bul the Shangri-l^a. MANMtHArmtNUMmi hi M II Mfl k (o*l !*>««• siv. WW* M
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  • THE REGION
    • 644 7 IN AN unprecedented move, Caltex Oil (Thailand) Co Ltd on Monday proposed to build a sixth oil refinery, which would be exportoriented, on the Southern Seaboard in Thailand in return for the right to build its approved fifth refinery on the Eastern Seaboard. The
      644 words
    • 391 7 HONGKONG'S tourism industry received a welcome boost in February with the arrival of 417,384 visitors, 11.2 per cent more than in February last year, The South China Morning Post reported on Tuesday. This is the first time since the Beijing massacre that there
      391 words
    • 245 7 A MAJOR Sino-Australian manufacturing joint venture in Tianjin has gone into liquidation following the collapse of the consumer-goods market in China, The South China Morning Post reported on Tuesday. Production of automatic washing machines at Tianjin Simpson Household Appliance 50 per cent owned by
      245 words
    • 323 7 AP THE CHINESE government has given industries four months to pay off a staggering 110 billion yuan (U5523.4 billion) in debt defaults, the official media reported yesterday. The State Council, China's cabinet, said the debts, a result of tough credit policies, slack
      AP  -  323 words
    • 190 7 AFP HEADS of state-owned enterprises based in Vietnam's economic capital of Ho Chi Minh City have asked the government to fight against the illegal invasion of foreign goods, Nhan Dan reported on Tuesday. The official daily said more than 200 business leaders, meeting at
      AFP  -  190 words
    • NOTE BOOK
      • 108 7 AP RESIDENTS alarmed by worsening pollution are demanding that the government revise pro-business policies that spurred an economic boom but hurt the environment. Factory blockades, protest rallies and marches have become common as Taiwanese vent their anger over industrial pollution. The demonstrations have forced some
        AP  -  108 words
      • 105 7 AFP HONGKONG is to simplify entry procedures for travellers from Taiwan in a move to avert Taiwan travel agents' threats to boycott the territory, an Immigration Department spokesman said on Wednesday. The simplification of entry procedures at the Kai Tak International Aiiport was agreed by
        AFP  -  105 words
      • 151 7 AFP THE International Monetary Fund (IMF) has urged Western donor countries to continue providing Indonesia with special soft loans at least for another year, the official Antara news agency said on Wednesday. Indonesia has received large amounts of special assistance soft loans available for immediate
        AFP  -  151 words
      • 89 7 AP A LONG March 3 rocket will be launched in the remote hills of Sichuan province on Sunday to propel China into the international satellite market. The launching of a US-made telecommunications satellite for Asia Sat, a Hongkong-based consortium, is scheduled for the southwest China
        AP  -  89 words
      • 79 7 Reuter THAILAND agreed to allow a Gatt disputes panel to investigate its restrictions on imports of US cigarettes but said the trade probe should take health aspects of the curbs into account. Thai ambassador Chao Saicheua told a regular session of GATTs ruling council: "We
        Reuter  -  79 words
  • Page 7 Advertisements
    • 61 7 SOTHEBY'S FOUNDED 1744 Preview Exhibition of Highlights of the Nelson Bunker Hunt Collection of Ancient Greek and Roman Coins and Greek Vases and the William Herbert Hunt Collection of Ancient Bronzes and Byzantine Coins at Sotheby's Singapore Office No.l Cuscaden Road #01-07 The Regent Singapore, Singapore 1024 Tel: 732-8239 Fax:
      61 words
    • 41 7 Didn't I see you at Scandals? Even Thursday: Ladies Night. Every' Night: The place to see and be seen. Scandals. Singapore s most sophisticated club and meeting place. /J*6 The Westin Plaza For dtuili on membership. SSOB3IO. Slnj#pOff Westin Hotels Resorts
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  • THE WORLD 1
    • 441 8 AP US AND Japanese negotiators have reached agreement on expanding opportunities for the sale of American satellites in Japan, marking the third contentious trade issue resolved between the two countries in 10 days. Under terms of Tuesday's agreement, Japan will allow US satellite manufacturers
      AP  -  441 words
    • 119 8 Asahi BOTH LARGE and small Japanese firms are forming ties with foreign meat producers in expectation of the scheduled liberalisation of beef imports scheduled for one year from now. Hamilton Japan Co, based in Kobe, plans to sell processed beef in vending machines,
      Asahi  -  119 words
    • 266 8 Reuter THE US has told Gatt that it has reached agreement with Seoul over South Korea's curbs on beef import, delegate sources said, but New Zealand and Australia are still seeking deals. Gatt dispute panels found last June that South Korean restrictions on
      Reuter  -  266 words
    • 383 8 NYT THE PENNSYLVANIA House passed the United States' toughest anti-takeover measure on Tuesday by an overwhelming vote of 182-10. The bill, which has already passed the Senate, is expected to be approved quickly by a conference committee, and the governor has said he will
      NYT  -  383 words
    • 185 8 Reuter THE MEXICAN government has unveiled new import regulations for computers designed to promote the growth of the country's giant electronic information industry. The changes unveiled on Tuesday provide tax incentives for companies producing computers in Mexico, enabling them to import components and finished
      Reuter  -  185 words
    • 195 8 Reuter SRI LANKAN President Ranasinghe Premadasa yesterday said that the fear that has gripped Sri Lanka during seven years of civil war is fast disappearing He was referring to the deaths of more than 20,000 people in a separatist rebellion by minority Tamils
      Reuter  -  195 words
    • 310 8 AFP THE SECRETARY general of the Organisation for Economic Cooperation and Development (OECD) is due in Tokyo next week to pave the way for ministerial-level talks in Paris in May. The Japanese Foreign Ministry announced on Tuesday that Jean-Claude Paye was
      AFP  -  310 words
    • 320 9 Reuter THE SOVIET UNION'S mighty defence industry is looking for Western partners not to make tanks but washing machines and other consumer goods, say Soviet officials. Vilen Terentyev, a member of the Soviet delegation to an East-West economic conference in Bonn, said on
      Reuter  -  320 words
    • 99 9 AFP THE EUROPEAN Community and Bulgaria have initialled a 10-ycar trade and cooperation pact, in a further strengthening of the EC's ties with the emerging democracies of Eastern Europe. The accord, signed on Tuesday in Brussels, called for the scrapping of quota restrictions on Bulgarian imports
      AFP  -  99 words
    • 38 9 Lithuanians in Vilnius, the republic's capital, have decided to post their protests. This group is queueins up at the local post office to dash off telegrams to Soviet President Mikhail Gorbachev pleading for independence from Moscow.
      38 words
    • 246 9 AFP THE SOVIET UNION should obtain observer status with the General Agreement on Tariffs and Trade next month, barring serious domestic political developments, say sources in Geneva. The Soviet application met no objections in principle when it was examined on Tuesday for the first time
      AFP  -  246 words
    • 89 9 Reuter THE SOVIET UNION is likely to increase its gold out* put to offset continued sales of the metal to pay for imports of consumer goods from the West. Richard Levine, the US Bureau of Mines' Soviet specialist, said in Washington on Tuesday that Moscow's need
      Reuter  -  89 words
    • 235 9 Reuter EAST GERMANY is planning to open its petroleum market to Western oil companies, says the director of the state oil company that currently has a monopoly. Under the former communist authorities, East Germany imported virtually all of its petroleum from the Soviet Union.
      Reuter  -  235 words
    • WORLD WATCH
      • 106 9 Reuter US MANUFACTURING COMPANIES' after-tax profits fell during the fourth quarter last year to a seasonally adjusted 4.5 US cents for each dollar of sales from 4.9 US cents in the preceding third quarter. The US Commerce Department said on Tuesday that manufacturers' seasonally
        Reuter  -  106 words
      • 78 9 AP THE FIRST commercially available optical disc recorder that can erase stored images and record over them will give broadcasters a better tool than videotape for showing video replays, says Panasonic. The new device would allow television stations to more easily replay a sports highlight, for
        AP  -  78 words
      • 82 9 AP A BRITISH management consulting firm has said that it has reached a deal with the Siberian region of Tomsk to help it develop international trade worth more than £2.6 billion (US$4.3 billion). The company, Doctus pic, said in London on Tuesday that it
        AP  -  82 words
      • 74 9 Reuter THE BRITISH Conservative government's partial privatisation of the country's water industry last December cost taxpayers about £3.3 billion (US$5.4 billion), says the main opposition Labour Party. Labour's spokeswoman on water utilities said in London on Tuesday that a report prepared for the party by an
        Reuter  -  74 words
      • 93 9 AFP FRANCE'S growth rate will slow and the trade deficit will shrink this year and in 1991. French Economy Minister Pierre Beregovoy said in Paris on Tuesday that the growth rate would slow from 3.7 per cent last year to 3.2 per cent this year
        AFP  -  93 words
      • 63 9 Reuter THE US has unveiled its not-so-secret "Stealth" fighter, a revolutionary US$lO6 million US Air Force jet built to attack at night and avoid detection by enemy radar. The Pentagon released on Tuesday photographs, a videotape and scanty details of the F-l 17A, which has already
        Reuter  -  63 words
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    • 503 9 Take a look at the shape you're driving in. ABS brakes as standard equipment on all our high-end cars. Until vou you were your how you fare en backbone fitness or a marathon? your suspension. Unlike Odd as this sounds, when you examine cars from your own, Nissan's Multi-Link Suspension
      503 words

  • 469 10 EDITORIAL INTERNATIONAL trading houses were glad to hear what the Trade Development Board (TDB) had to say on Monday about the Approved International Trader (AIT) scheme. As they had hoped, the massive tax break for oil trading activities under the Approved Oil Trader (AOT) scheme will
    469 words
  • WHAT THE OTHERS SAY
    • 213 10 THOUGH SINGAPORE will be assured of a greater supply of water from Johor for the next 70 years under a new agreement, there is no room for complacency as we draw about half of our total consumption from our neighbour. By any reckoning, this is a
      213 words
    • 116 10 THE DRY WEATHER we experienced in the past few weeks is rare. If it does not ease off soon, a water-rationing exercise cannot be ruled out. Across the Causeway, water is already being rationed in some parts of Johor. And what affects Johor will impinge on our
      116 words
    • 158 10 PRESIDENT SADDAM HUSSEIN of Iraq has maintained that his government has no need to develop a nuclear weapon following allegations that his country has tried to smuggle in nuclear detonators because Iraq possesses binary chemical weapons. But even accepting President Hussein's assurances that Iraq has
      158 words
  • REGIONAL VIEWPOINTS
    • 245 10 UNLIKE unforeseen accidents, changes in economic conditions are always preceded by signs and symptoms. The problem lies in determining if those symptoms indicate a change in direction. Stock prices on the Tokyo Stock Exchange have fallen by a large margin again at the start of
      245 words
    • 122 10 THE SUSTAINED strong growth in exports for the third straight year last year is a remarkable achievement for Malaysia. Gross exports rose by 22.8 per cent over the previous year to total M 567.8 billion. And 54.1 per cent of this amount is attributed to manufacturers, a long
      122 words
    • 131 10 CATHAY PACIFIC Airways may stand to gain from its tentative plan to base some flight-deck crews outside Hongkong. The cheaper accommodation available in other countries should enable the airline to cut costs. Cathay Pacific has given long consideration to the possible move, but in spite of
      131 words
  • 848 10 It wasn't just economies that communism messed up Economist Eastern europe is not only poor: it is dirty. After years of governments suppressing horrifying statistics as state secrets, its liberated peoples are starting to learn the truth about the air they breathe and the water they
    Economist  -  848 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous

  • ANALYSIS
    • 1012 11  -  Hongkong's Exchange Fund will keep the HK dollar stable, influence interbank liquidity and act as a lender of last resort. Catherine Ong reports from the colony Catherine Ong Catherine Ong is BT's Hongkong Correspondent ANEW Hongkong government securities market launched recently will pave
      1,012 words
    • 1350 11  -  Chuang Peck Ming assesses one man's view of government's heavy pressure on the banking and financial sector Chuang Peck Ming COMPETITION from government-backed banks and financial institutions hasn't been all that bad for Singapore's banking and finance industry, in spite of the constant cry
      Source: Domestic Financial Institutions in Singapore  -  1,350 words
    • 685 11  -  Frankfurt is seeking to overtake London as an international financial centre. Janet Guttsman reports Janet Guttsman Reuter Frankfurt is looking for a larger global role and West German bankers hope it will overtake London as Europe's leading financial centre. "The whole
      Reuter  -  685 words
  • Page 11 Advertisements
    • 38 11 For the clothes you've always wanted. Now at prices you definitely can afford! elements: for men #03-07 The Promenade, 300 Orchard Road Singapore 0923 Tel: 732 6448 Open Daily Mon Sat 11.00 am B.oopm Sun/Pub Holidays 12.00pm 6.00pm
      38 words

  • FOCUS
    • 252 12 INVESTOR RELATIONS is to be one of the core businesses at Edelman Public Relations in the 1990'5. The sector "should account for 10 per cent of our fees by 1992," president of the international PR company Richard Edelman said in a statement. Mr Robert Hubbell, the former executive
      252 words
    • 207 12 THE ADVERTISING Standards Authority of Singapore (ASAS) will be under a "petticoat leadership" for the next three years with the election of Ms Loh Lai Ping to the chair. Ms Loh, who took office this month, will have her hands full with the task
      207 words
    • 453 12  -  Ad-code breakers are on the rise, but so is consumer savvy, reports Sangeeta Mulchand ADVERTISING MARKETING EDITED BY JEFFREY TSANG Sangeeta Mulchand An advertisement that advised consumers to "Screw Your Next Air-Con" was just one of 119 cases brought before the Advertising Standards
      453 words
    • 159 12 "IMMORAL" and "patronising" advertisements turn off those in the over-50 age group, according to a survey in the UK. Because of this conservative attitude towards such advertising among the over50s, advertisers who insist on using such approaches to promoting their products are wasting rich opportunities,
      159 words
    • 273 12 Saatchi Saatchi clinches Census deal THE ADVERTISING company that sold Margaret Thatcher to the British public and put up the first advertisement on the eastern side of the Berlin Wall will today launch a publicity blitz to create awareness for Singapore's biggest census exercise. The local Saatchi Saatchi Advertising office
      273 words
    • 181 12 AMERICAN EXPRESS International has given its corporate card a new look to distinguish it from the other Amex cards. Research has shown that corporate cardmembers "would prefer to carry a card that clearly identified them as business professionals." an Amex statement said. In conjunction with
      181 words
    • 288 12  -  By John Tan IN BID to achieve a higher profile. Prudential Assurance will launch its largest local marketing blitz this August. Billed as a "landmark campaign" for the UK-based group. Prudential Assurance's local set-up is expected to spend close to $1 million for
      288 words
  • Page 12 Advertisements
    • 134 12 pHni Jtp I*3 \\ivjfl \/y\ JHBr Wonderful Europe, a destination that's close to the heart of KLM's international fleet. That's why KLM is dedicated, more than ever, to making you feel at home. With our Stay-On-The-Way Ma J programme. i, i' L' 91 lßjj| l~ 1 j^^tS(3nJl Fly First Class
      134 words
    • 246 12 YOU WROTE OUR PAST. Sill u WE NOW NEED YOUR HELP TO WRITE OUR FUTURE. MwfVt*K*hF«|*d»ob«ldS« W «T»«>*.mo*Tn pteionaiy c«*fcir At hnm PWOxooIMm TkClM«c«<nilpnm aod «icm«M Mtan k k today you nred to do nto ct«cl At pet-pri-atd m**mm Ill,ill iiirt limy -rr 1-r*- > < r r »i»i«ri>«»a«»™»irfi«il»K<i»W»« to«c
      246 words

  • SPORTS
    • 461 13 AP SCOTT HOCH, the man who blew the 1989 Masters by missing a two-foot putt, happily anticipates an end to his year-long role as the Goat of Augusta. Hoch said he's played the part quite long enough. "After this week,
      AP  -  461 words
    • 195 13 DUE TO THE LACK of sponsorship for the inaugural Malaysian Open women's tennis tournament planned for April 16 to 22 in Kuala Lumpur, organiser Australian Sports Marketing has decided to cancel this leg of the Kraft General Foods World Tour Event and hold it
      195 words
    • 454 13 AP TOP-SEEDED Martina Navratilova, looking for her first tournament victory on clay in nearly two years, defeated Halle Cioflfi 6-2, 6-1 on Tuesday in the second round of the US$5OO,OOO Family Circle Magazine Cup. Third-seeded Zina Garrison also advanced with a 6-2,
      AP  -  454 words
    • SIDE LINES
      • 78 13 AFP IVAN LENDL has been awarded "substantial" damages in the High Court against a British newspaper which alleged he had an affair with Pamella Bordes. the former Miss India at the centre of a call-girl scandal. The judgement was against the tabloid newspaper Today,
        AFP  -  78 words
      • 83 13 AP JOHN ROSS, ranked No 428 in the world, upset sixth-seeded Jimmy Arias 7-6 (7-5), 1-6, 6-3 on Tuesday night in the first round of the U*****,000 Prudential-Bache Securities Classic in Florida. Fourth-seeded Scott Davis of the US rallied past ailing Thomas Hogstedt of Sweden
        AP  -  83 words
      • 74 13 AP CHARLES BARKLEY scored 26 points, including 14 in the third period, as the high-scoring Philadelphia 76ers won their eighth straight game overall and 23rd straight at home against the Houston Rockets, 133-112 on Tuesday night. Philadelphia hasn't lost a regular-season game to Houston at the Spectrum
        AP  -  74 words
      • 85 13 AP DONOVAN "Razor" Ruddock and Michael Dokes will try to maintain their high positions in the wide-open heavyweight division when they fight at Madison Square Garden. The 26-year-old Ruddock goes into the scheduled 12-round bout ranked as the No 2 contender by both the World Boxing
        AP  -  85 words
      • 70 13 AP IBF JUNIOR welterweight champion Julio Cesar Chavez must defend his title Meldrick Taylor within six months, the boxing organisation ruled on Tuesday. Rated by the IBF as the No 1 challenger, Taylor lost his previous bout with Chavez when referee Richard Steele stopped the
        AP  -  70 words
      • 76 13 AP RICHIE RICHARDSON and Carlisle Best led the West Indies to a last-over victory in Barbados on Tuesday with a third-wicket partnership of 111 from 18 overs in the fifth and final one-day cricket international against England. Richardson hit 80 and Best 51 as the West
        AP  -  76 words
  • Page 13 Advertisements
    • 207 13 MBMrt P" iiiM K JL he American Express® Corporate A new the word distinguishing you as a key business 1 person. Because you've proven you have HSre-,* .-what it takes to succeed in today's G&~ j .«stfr -i*: kk.&*i,t'•?•** s /4' ■~iMWB^.>... competitive business world. IfA T .V, t <r
      207 words

  • Page 14 Advertisements
    • 1164 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Plaza Hotel X Tourism Authority of Thailand jointly present SONGKRAN FESTIVAL 5 18 APRIL Caich the fascinating 'Flying kang Kong' chefs. Thai models, craftmen and cultural dancers on show. Pick sweet mangoes and other
      1,164 words
  • Page 14 Miscellaneous
    • 587 14 TELEVISION AND RADIO 1 cnno winning race horse. 7.25 Right to Love. biicujccC CM RArtUV Ul rrO TTIA 7 OM/i Tlff\CfC*r\\T I J.« KmlllllM. $.00 KrfkNH*m.<M), .cUolNboo UN HAUIy tsigamy ana irageay s=s=a Choice). suspected of developing a de- lAAft f?.,. M 5.30p« f 3 Jsa«: Financial News 8.5S World
      587 words

  • LIFESTYLE
    • 1137 15  -  Almost 133 years ago, a ship sank off South Carolina with a fabulous hoard. B Drummond Ayres reports on the various parties laying claim to that fortune. B Drummond Ayres NYT WHEN THE submersible robot Nemo surfaced from the depths of the Atlantic one day last
      NYT  -  1,137 words
    • 357 15 SO WHAT do you do if you want to buy tickets for the Arts Festival but you haven't got an Amex? You could try two things. Either get your credit card company to cough up $300,000 in sponsorship (that's what American Express did to get
      357 words
    • 271 15 CHATTERBOX A FAN obsessed with actress Sharoa Gless pleaded innocent on Tuesday to breaking into her home and holding police at bay with a rifle. Joai Leigh Penn, 30, was arrested on March 30 after a seven-hour standoff with police officers. She was armed
      271 words
  • Page 15 Advertisements
    • 269 15 AND ENTERTAIN Embark On A Delectable Journey In Spring. 12 NOON ljj» ■r DINNE* fc JCPM TO six- pt*ptusoN MscmmoM 44T ««P* JKw S. TMUB ixt IM» Celebrate the cherry blossom festival at Unkai. With Sakura Kaiseki, a traditional meal symbolising the promise of spring. Everyday from April 4-26, for
      269 words
    • 109 15 LUNCHING AT THE CARLTON BRASSERIE ALWAYS n MAKES GOOD BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef
      109 words
    • 427 15 The art of doing business. Fourchettes Business Lunch. At Rmrchettes Grillroom, one of Singapore's finest business lunches awaits The freshest oysters. Goose Rillettes and other appetizers. Main courses from the Grill, or Roast US Prime Rib from the Carvery. Accompanied by the most exquisite Desserts. Teas and Coffees At just
      427 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4626 16  -  By Lim Mui Khi EARLY GAINS made by the local stock market yesterday were quickly erased after nervous investors took profits, driving share prices down throughout the rest of the day. The Straits Times Industrials Index fell 12.91 points to 1,543.01 after reaching a
      4,626 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 3599 17  -  By Lim Mui Khi PRICES FELL SHARPLY on Clob International yesterday. The (JOB OTC Index was 19.77 points or 2.09 per cent down to 925.55. The Business Times Composite Index also finished lower, losing 10.70 points to 1,320.59. More falls were registered by
      3,599 words
  • 902 17 Company Kxpiry/ (oupon Conversion period Interest C onversion term for one ordinary maturity (*k) payable share dale CaMwiy Law 1994 6 Dec 31 fwnaii M 1994 Oct 2. 1989 to Oct 20. 1994 1 warrant plus SI cash or 1 warrant plus SI nominal
    902 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3365 18 MBT IT WAS another dull session on the Kuala Lumpur stock market yesterday, with share prices closing broadly lower as late profit-taking wiped out early gains. Dealers said sentiment on the Kuala Lumpur bourse was in tandem with developments on the Tokyo stock market. The
      MBT  -  3,365 words
  • BT SHARE INFORMATION SERVICE
    • 1072 18 Current Ex Books Data Total (or Total for payment data dOM payable ttw year last yoar AmM En| 6%TE(I) Apr 11 Apr 17 Apr 28 6%TE 6%TE Awno 15%TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 90 9%(n) Apr 6 Apr 19 May 3 122.7%(n) 72%
      1,072 words
    • 323 18 Company Rights Issue MM One-tor four < a MJ210 per share Ex-date Mar 8 Boohs close Mar 77 Acceptance Payment May 10 CiC Twvtor foe (210 per share Three warrants tor every 10 eusting shares held at SO W per warrant Ei4ate Feb 7 Books close Feb 19
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    • 400 18 Singapore Stocks List Full Year Conpany PtnoC Date last year Yur •ndtaf Net EPS (c«M») Gran dK Net pro* (TOOO) BMT totan Interim Final Ian 27 Feb 28 tun 90 Nov 89 1696 391 1000 100 516 11.728 1 7171 Toon City H»inw Uvea Mi leeng Hut krone
      400 words
    • 260 18 Rashd Hussaai Berhad: EGM at the Auditorium, Ist Floor, Bangunan Pefemba, 424 Jalan Tun Razak, ***** Kuala Lumpur on Friday, Apr 6, at 10am. Malayan tinted Industries Berhad: EGM at the MUI Plaza Conference Centre, Ist Floor, MUI Plaza. Jalan P Ramlee, ***** Kuala Lumpur on Friday, Apr
      260 words

  • REGIONAL STOCK MARKETS
    • Tokyo stocks succumb to jitters but close off lows
      • 1117 19 HONGKONG share prices ended little changed yesterday as caution over falls in Tokyo stocks and mild Beijing jitters ahead of a Chinese grave-sweeping holiday today confined prices to a razorthin range. The Hang Seng Index slid 1.57 points to end at 2,960.88. It had risen some 13 points to
        1,117 words
      • 782 19 TOKYO share prices closed down but off their lows as jitters gripped the mar- ket yesterday. Mounting fears that some groups speculating in the stock market are facing financial difficulties aggravated a general uneasiness that the market has not touched bottom. "We're hearing many rumours about speculators going bankrupt,"
        782 words
      • 489 19 AUSTRALIA'S sharemarket closed firmer yesterday on thin volume after scattered buying throughout the day and strong gains in New York overnight. The All Ordinaries Index finished 11 points up at 1,516.2 after peaking at 1,520.8 just before lunch. "The market remained fairly buoyant all day but it was really
        489 words
      • 367 19 TAIWAN stocks closed sharply lower as investors moved out of the heavily weighted financial sector, which dropped more than 3 per cent. The Weighted Index lost 211.91 points, or 1.9 per cent, to end at 10,907.09. Turnover fell to NTS 108.5 billion from NTS 128.3 billion on Tuesday. Dealers
        367 words
      • 202 19 THAI STOCKS edged lower across the board in sluggish trade dominated by speculation on some smaller shares. The SET Index fell 2.17 points to close at 846.00. Declines led advances 66 to 65. "The market opened weak and shares traded sluggishly during the session except for speculation on shares
        202 words
      • 90 19 PHILIPPINE stocks firmed slightly yesterday as foreigners bought local issues following Tuesday's gains in the Nikkei and Dow Jones indices. "Some investors have gone out of the market with caih for the (Easter) ho idays, but (yesterday) there were some foreign buyers, who were probably encouraged by the Dow
        90 words
      • 67 19 OVERSEAS interest in Fletcher Challenge, Brieriey Investments and Carter Holt Harvey helped New Zealand shares end higher yesterday as sentiment im- proved after gains on Wall Street and in Tokyo on Tuesday. The Barclays Index closed at 1,726.62, up 12.79 points. Brokers were cautiously heartened by yesterday's rise
        67 words
      • 103 19 THE SOARING price of Astra International sent the Jakarta Stock Index up 67.78 points to 681.94, but turnover fell to 1.29 million shares from 2.01 million on Tuesday, the exchange said. Astra holding company started trading its 30 million shares at 14,850 rupiah. It closed at 33,000 rupiah on
        103 words
      • 51 19 BOMBAY Stock Exchange share prices shot up on heavy buying yesterday, propelling the exchange index to an all-time high. The index peaked at 811.13 before finishing at 805.86, up 22.89 points or 2.93 per cent. The previous high was 798.01 last July 5. Tlie National Index gained 8.09 to
        51 words
      • Article, Illustration
        116 19 Seoul Apr 4 Won Kal ***** -400 ***** 100 J j e ***** 400 Chcil Sugar ***** -300 Daelim Ind .***** -500 ***** -100 Daewoo Corp ***** -400 Korea Long Term ***** -400 Daewoo Heavy ***** -100 ***** -200 Daishm Securities ***** -500 Oriental Brewery ***** -200 Dong Ah Phar
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  • Page 19 Advertisements
    • 43 19 The Seoul report was not available at press time Become the No-Sweat Is your husband nervous at the prospect of hands-on fathering? There are wily ways to 'Turn your Nervous Husband into a Superdad'. The answers are in YOUNG PARENTS magazine, March-May issue.
      43 words

  • Wall Street stocks soar on futures-related buying
    • Article, Illustration
      950 20 WALL STREET stocks roared to a sharply higher finish on Tuesday, propelled by futures-related buying, firm bond prices and relief over the US stock market's resilience in the face of Tokyo's shakiness. Technology, energy, consumer and fpod stocks attracted interest. Buoyed also by a dipping in long-term US
      950 words
    • Article, Illustration
      802 20 LONDON share prices were slightly lower at noon yesterday as worries about the future direction of the Tokyo market countered early optimism based on Wall Street's strong close. Traders said they hoped that a bullish start to New York trading would bolster UK share prices in afternoon trading. Lacking
      802 words
    • 220 20 DUTCH STOCKS were mostly firmer in moderate midday trade yesterday, backed by Wall Street's higher Tuesday close, and a nearly steadying bond market. Foreign demand also underpinned selected stocks. Results of insurer Nationale-Neder-landen were lower than expected, traders said. Nat Ned yesterday reported a 1989 net per share of
      220 words
    • 185 20 WEST GERMAN shares closed slightly lower in moderate trade yesterday, as a lack of buying orders stopped prices from rising to reflect the market's generally favourable mood. "The bourse is just taking a breather after Tuesday's gains," one dealer said. "But we will definitely see a further rise soon."
      185 words
    • 132 20 DEMAND for stocks in the Carlo De Benedetti group helped Italian shares maintain opening gains at the close yesterday. The MIB Index edged up five points, or 0.5 per cent, to close at 999. Brokers said volume was moderate, with small investors largely on the sidelines and most buying
      132 words
    • 115 20 FRENCH share prices were firm at midday yesterday and set to climb further after surging to a new record high on the CAC-40 Index in the morning. The CAC-40 Index was at 2,011.11 at 1037 GMT, 25.56 points or 1.29 per cent above Tuesday's close, having set a high
      115 words
    • 237 20 SWISS SHARES traded quietly steady at midsession after volume dwindled from a lively opening, which had seen rising prices. "The momentum has eased," one trader said. Trading centred on stocks in special situations. The allshare SPI Index stood 2.7 points above Tuesday's close at 1,071.5. Zurich Apr 3 Francs
      237 words
    • 463 20 Brussels Apr 3 Fnw« FORWARO MARKET Acec I 4690 40 Arbed 4950 unch Astur 1462 +18 Brascan 716 -4 Canpac Cock 205 +6 Dc Beers 728 +20 Ebcs 4240 40 Gb-lnno-Bm 1274 +20 Gevaeit 8390 -10 GrBruLamb 3980 -10 Hobok Petro ***** +75 Ryl Dutch 2640 +15 Sidro 1750 +65
      463 words
  • Page 20 Advertisements
    • 91 20 It could be a controversial deal between two stock market stars, a /*^rarag§|§|P^* >^^— thought-provoking report by university researchers on the latest trans-European jP*jr(g— FOCUS zooms in on the news and jL issues of the day and looks at them in more depth and breadth. FOCUS is the news feature
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  • CURRENCY, MONEY & FUTURES MARKETS
    • 1201 21 FOREX MARKET REPORTS THE US dollar yesterday shed nearly one yen during Asian trading hours as nervousness gripped the market ahead of this Saturday's Group of Seven meeting in Paris. It ended at 158.90 yen and 1.6967 marks in Tokyo yesterday,
      1,201 words
    • 401 21 Crass rates Apr 4 J USS SS MS Dm Yen SFr A$ NZS USS 1.8830 2.7330 1.6980 159.45 0.6112 1.5025 1.3167 1.7301 S$ 0.5311 1.4514 0.9018 0.8468 0.3246 0.7979 0.6992 0.9188 MS 0.3659 68.90 0.6213 0.5834 0.2237 0 5498 0.4818 0.6330 Dm 0.5889 1.1090 1.6095 93.90 0.3600
      401 words
    • 573 21 Interbank rates S$ Bid Offer Overnight 4 4 1/4 1-month 6 1/8 6 1/4 2-month 6 1/4 6 3/8 3-month 6 5/16 6 7/16 Qwmight mode: S-l/2 LSS Bid Offer 7 days 8 5/16 8 7/16 1 month 8 5/16 8 7/16 2 months 8 3/8 8 1/2
      573 words
    • 344 21 AFP THOUGH shaken by its plummeting financial markets, Japan will get little sympathy at Saturday's meeting in Paris of the Group of Seven major industrialised democracies, analysts say. The bursting of Japan's inflated equity and real estate markets in recent
      AFP  -  344 words
    • 1438 21 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 90 91.35 91 36 91.34 91.34 2129 ***** 2562 Sep 90 91.24 91.24 91.23 91.23 443 4561 989 Dec 90 91.07 9108 9106 91.07 293 2583 469 Mar 91 90 99 90.99 90.98 90.99 34
      1,438 words

  • COMMODITIES
    • 389 22 Reuter THIN trade in white sugar futures contracts in both Paris and London underlines the need for a single market for this commodity, traders in both cities said. "There is no need for two white sugar markets in US dollars," a trader with
      Reuter  -  389 words
    • 221 22 AFP THE aggregate crude oil cutput of the Organisation of Petroleum Exporting Countries (Opec) stood at 23.7 million barrels per day (b/d) in March, the International Energy Agency said in Paris. The figure was identical to the agency's final revised output level for February, which
      AFP  -  221 words
    • 100 22 Reuter THAILAND will revoke the export licences of any of its traders found guilty of defaulting on foreign shipment obligations, Thai Deputy Agriculture Minister Charoen Kanthawong said. Mr Charoen said after a visit to three European countries that British and French buyers complained to him that
      Reuter  -  100 words
    • 836 22 REPORTS RUBBER Singapore: Rubber prices closed marginally higher with May 1 RSS buyer quoted at 156.2S cents a kg, up 0.25 cent from Tuesday's close. Dealers said prices rose slightly on some covering interest in the afternoon following firmer Japanese advices. However, trading remained
      836 words
  • 1470 22 Rubber Apr 4 MS (to la bates) —TTTj i Noon (lose Int 1 RSS Prompt 153.00/154.00N 153.25/154.25 Int 1 RSS May 90 156 00/156 50 156 2*156.75 Int 1 RSS June 157.25/157.75 157 50/158 00 Inl 2 RSS OP 151.25/153 25N 151 50/I53 50N Int 3 RSS OP 145.75/147.75N
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  • Page 22 Advertisements
    • 628 22 NOTICES THE COMPANIES ACT, CAP. SO INDUSTRIAL DIAMONDS (FAR EAST) PTE LTD (In Liquidation) At a ganaral mtetinj of INDUSTRIAL DIAMONDS (FAR EAST) PTE LTD duly oonvened end held on the 2nd day of April, 1990 the following special resolution was pessed: SPECIAL RESOLUTION That the Company ba wound up
      628 words
    • 861 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SAKURAYA TRADING (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 18. Kailang Place #06 33 Singapore 1233,
      861 words
    • 15 22 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
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  • THE TRAVEL PAGE
    • 987 23 City Flight ETA Flight ETD Abu Dhabi GA887 1225 KL840 2115 GA975 1300 GA894 2350 KL839 1415 Adelaide SQ228 2015 UF82 2200 QF81 2045 Amsterdam SQ23 0720 KL840 2115 GA975 1300 SQ24 2200 KL839 1415 GA894 2350 Athens 0A472 0050 SQ32 2230 Auckland BA11 1455 SQ325
      987 words
    • 530 23  -  DISPATCH FROM VIETNAM By Denis D Gray IT WAS arguably the most famous 500 square metres of the Vietnam Wan the terrace of the Continental Hotel where spies, soldiers and journalists gathered at sunset to swap tales and numb the war's horrors with drink. The
      530 words
    • 153 23 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4300 1.4500 Canadian dollar I.S920 1.6120 NZ dollar ***** 1.1150 Sterling pound 3.0630 3.0930 US dollar 1.8760 ***** Local dollars to 100 units of foreign currency Austrian schilling 15.30 16.30
      153 words
    • 134 23 Duration Title Venue Oipwer Td Duration Title Venue Organiser Td Mar 31- International Ban. Fiera Del (39)80/*****1 Apr 5-23 International Buenoa Fundacion (54)1/*****63 Apr 8 Fair for Leisure, Italy Lev ante Buenoa Aires Aires El Libro Sports, Tourism Exhibition Apr 3-8 International Helsinki The Finnish (358)0/***** Apr
      134 words
  • Page 23 Advertisements
  • Page 23 Miscellaneous
    • 273 23 Red-eyed 8 Passage for friend touring LJ—LmJ—^^^ 10 Effigies with a knowing 11 Really good guy, we hear, Ml '■H |Bf |H| as president 12 Poles with a lot of dollars, i j but there's a drawback (4) Entreaty notable the first place (8) 15 Set up in the most
      273 words
    • 231 23 Singapore OUTLOOK; Showers over several areas in the afternoon. Report for 24 hours prior to 7.30pm on Apr 4 at the airport: Max temp 34.4 Assoc humidity 63 Mia temp 25.9 Assoc humidity 93 Hrs of sunshine 6JO Rainfall in mm trace Rainfall this mth 0.8 Rainy days this nth
      231 words
    • 20 23 SCFWJL moD£L OF I InOVjJ f r^Bßis'T^—tmptt's) \macc.. V r c c( i STANDARD CO LTO 1»«J-1»90 C Wic-^' 48
      20 words

  • 238 24 Reuter CARTEL-LIKE arrangements keep international telephone call prices artificially high and have led to telephone users worldwide being overcharged by more than US$lO billion a year, a British newspaper has alleged. Quoting a confidential report prepared last year by the OECD (Organisation for
    Reuter  -  238 words
  • 126 24 AFP SOUTH KOREA is the closest of Asia's newly industrialised economies to joining the Organisation of Economic Cooperation and Development (OECD). Pierre Vinde, the OECD's deputy secretary-general, said in Tokyo yesterday that South Korea had recently become a full member of an OECD working party
    AFP  -  126 words
  • 402 24 AFP THE SOUTH KOREAN government has unveiled a set of measures designed to stimulate the economy, saying the currency is to be further devalued and new loans to be made to companies. It also officially dropped a plan to ban financial transactions conducted under
    AFP  -  402 words
  • 274 24 AFP WHEN HE was vicepresident, George Bush urged Ferdinand and Imelda Marcos to invest in US property instead of an oil deal with Libyan leader Muammar Gaddafi, Mrs Marcos' lawyer said on Tuesday at her racketeering trial in New York. Defence
    AFP  -  274 words
  • 720 24  - Car quotas get rid of that kiasuism The Bottom Line YONG POW ANG YONG POW ANG Yong Pow Ang is a correspondent on BT's Politics and Economics Desk WHAT WILL BE the going price for the right to own cars under the quota system? This has been the question since
    720 words
  • 36 24 Posing for cameramen here are Australian Prime Minister Bob Hawke (sixth from left), new ministers in his Cabinet and Governor-General Bill Hayden (fifth from left) after a swearing-in ceremony in Canberra yesterday.
    36 words
  • 81 24 Bernama THE Malaysian Social and Welfare Services Lotteries Board will cease operations in line with the government's aspirations to control and reduce gambling activities. A Malaysian Finance Ministry statement said the decision was concurrent with the assimilation of Islamic values in the country. The lotteries
    Bernama  -  81 words
  • 97 24 AFP INDONESIA'S inflation rate fell by 0.39 per cent last month while the country posted a US$6l6 billion trade surplus in January. Speaking after a Cabinet meeting in Jakarta yesterday, Information Minister Harmoko said consumer index prices dropped by OJ9 per cent in March because of a
    AFP  -  97 words
  • 217 24 AP THE BRITISH government, trying to limit the upheaval caused by its unpopular new local tax, has ordered authorities in the country's 20 highest-spending communities to impose lower taxes and cut budgets. The move came on Tuesday, in the aftermath of
    AP  -  217 words
  • Page 24 Advertisements
    • 89 24 SAUftis) (ienuine Leather Collection OECD head to visit Tokyo, Pg 8 t r ,c t GKfiV SB K 6ERRUTIIBBIITUJW39 MEN S BOUTIQUES ?H3M #01-15 The Paragon. 2*>o Orchard Road Tel 235 %55 #02-54/60 W.sma Atria. Orchard Road Tel 7M «»*0 #01 horum Oalleria. Orchard Road Tel 731 1882 LADIES' BOUTIQUE
      89 words
    • 9 24 US, S Korea settle beef import deal. Pg 8
      9 words
    • 53 24 (saccMQ (icmiiiw Leather Collectum DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so. and vou are looking for office space (witn business support facilities) we nave various sjzes for vou to choose Our prices for a week is equivalent to a night s stay in an Orchard
      53 words

  • SHIPPING TIMES
    • PORTSIDES
      • 149 25 AFP SOUTH KOREAN SHIPYARDS received orders for a record 1.309 million tons of new ships worth US$7Bl million in March, bringing to a total of 2.285 million tons worth U551,746 billion the orders taken since the beginning of the year, the Trade and Industry
        AFP  -  149 words
      • 76 25 Reuter HIGHER CARGO RATES and a general improvement in the shipping environment were behind CMB SA's strong growth in 1989, and conditions so far this year have been very similar, the Belgian shipping group said. CMB, just over 50 per cent owned by Societe Generate
        Reuter  -  76 words
      • 139 25 Reuter OIL TANKER TONNAGE sold for scrap in March totalled 40,256 long dwt (two vessels), compared with only one of 3,130 long dwt in February, London Shipbroker Howard Houlder said. One combination carrier of 72,100 long dwt was sold for scrap in March, the
        Reuter  -  139 words
      • 98 25 Reuter WORLD OIL TANKERS in lay-up, idle or under repair fell slightly to 2.91 million long dwt (22 vessels) at the end of March from 2.92 million dwt (23) a month earlier, London shipbroker Howard Houlder said. Combination carriers laid-up at end-March were unchanged
        Reuter  -  98 words
      • 101 25 Reuter FINLAND'S OY WARTSILA AB said it lost 366 million markka in 1989 after big extraordinary losses resulting mainly from the collapse of Wartsila Marine Industries Inc last autumn. According to new figures from the group, which updated estimates issued last month, Wartsila's extraordinary expenses
        Reuter  -  101 words
    • 922 25 Ni Column ABC Containerize Thirteen 5 Accord Shpg Ten 3-5 Albatros Seo-Air Seven 5 ARC line Eight 1 Afl five 3-5 Arrow lines Nine 5 Asion Express Six 4/5 ANl Three 1/2 ASCI Five I Avant Shpg line Six 2/3 Bolt Canodo line Eleven 4/5 Bait Orient
      922 words
    • 414 25  -  LOWER OPERATING COSTS AT PASIR GUDANG By OTHMAN ABU BAKAR THE INCREASING popularity of Johor Port in Pasir Gudang is causing concern among some Singaporebased freight forwarders. Several of them are feeling the pinch on their businesses lately as more Malaysian exporters,
      414 words
    • 291 25  -  By DEXTER LEE A SHARP INCREASE in the demand for ship slots has led Singapore-based carrier Macoline to charter another ship for its common feeder service to Madras. Since last November, Macoline has had a feeder service jointly with Hongkong carrier Sindbad Lines
      291 words
    • 272 25 AFP INTERNATIONAL shipping companies may be allowed to trade on New Zealand's domestically protected coastal shipping routes under proposals released in Wellington yesterday. Only ships with New Zealand survey certificates and with seafarers holding the country's certificates of competency employed under
      AFP  -  272 words
    • 1513 26 A look at some of the issues that matter for the cruise industry in the 1990s Seatrade Cruise Shipping Report SO FAR. SO GOOD. Once again the cruise industry has seen off the doubters and. in 1989, seems to have kept its remarkable record
      Seatrade Cruise Shipping Report  -  1,513 words
    • Ships in Port
      • 1876 26 AT CONVENTIONAL WHARVES Vaaaal Voy No Barth Arrival Dapartura Kappal Wharvea Azur I K32 olongsde 06 04/ 2300 Continent I 3,SO K29 olongside 060*/ 2300 Frotoiontos 5SW8 K3I olongside OS 04/ 0600 Kutoi I9WB KI8 ok>ngs«Je 07 04/ 2300 Oc Confident 4/16 KI7 alongside 0504/ 1200 Oc Cosmos IA
        1,876 words
      • 293 26 Port Klang South Port Prosper berth 1; Stainless Commander berth 2; Vokkou berth 3; Mutia Hayu berth 4; Hong Soon II berth 5; Pernas Safari berth 7A; Ocean Ruby berth J Shell KCT: Kris Lemona berth 8; Eagle Dawn berth 9 North Port Murrayeverett berth 11; Alam Tenaga berth
        293 words
    • 839 27 DRY CARQO freight market ratee remained under downward preeeure on Tueeday aa reports emerged of tonnage being secured at lower levels on key voyages, brokers said. In the grain sector business from the 14$ Qulf to Japan was fixed at a rate betwesi U5524.50 and US$25, US$l below
      839 words
    • 9260 32 aarhu9 VIII* de Vegs CM O'Aftretement. April 5 Lies Maartk Macro Lin*. April 9/7 Ming Hop*. Yang Ming Lin*. April 7. Noraala Samantha. SeeLand/Norsaia. April 7. Ming Propitious. Yang Ming Lin*. April 9 Alsska Maru. Trlot. April 10(PK). Ned Dam ScanOutch April
      9,260 words
    • 378 38 THE HONGKONG government's decision to form a Port Development Board augurs well for a better relationship with private shipping interests. A report In the South China Morning Post said the board would become the port's most influential body, where the government would lead
      378 words
    • 304 38 Lloyd's List THE WEST GERMAN freight forwarding and transport group Schenker will set up offices in Poland and Czechoslovakia and upgrade its Hungarian office into a full-scale freight forwarding company, Schenker said in Frankfurt. With these steps, it would take account of the
      Lloyd's List  -  304 words
    • 296 38 AP HARBOUR INSPECTORS in Rotterdam have begun sealing discharge outlets on vessels carrying harmful chemicals in an effort to halt illegal underwater dumping in the world's largest port, the Port Authority announced on Tuesday. "Since yesterday, we have been affixing steel fasteners onto
      AP  -  296 words
    • 125 38 AFP DEUTSCHE AEROSPACE, the aeronautics subsidiary of West German group Daimler-Benz, said on Tuesday it was to sell its shipping division to state-owned shipyard Bremer Vulkan. The two sides had signed a memorandum of understanding on the deal, and were negotiating detailed
      AFP  -  125 words
    • 848 38 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehenaive description of the market. Prices shown are baaed on average-eized stem. Market movementa are indicated. The Cockett Bunker Price Index change and the
      848 words
  • Page 25 Advertisements
    • 29 25 How to look after Aoailabi* w**kty at mqjor STP Distributors bookshops and ntws-stsnds For advertising and circulation enquiries, plaaae call Business Times, Tel: *****11, Fax: 253-2821/253-1198, Tlx: ***** BTAD
      29 words
    • 19 25 /SplfsSy Lines and services represented by /^sBfcfcv Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      19 words
    • 287 25 A lively way with wwds A*e«eb*e»t»« good bookthof* Federal PubMcatton# WE GIVE YOU THE WORLD Nedlloyd Lines E*tabksf*d m S<ngaoore vro» 1888 ;pi We operate 34 separate services in a worldwide liner network. Our ships make E J I regular direct calls to 198 ports in 123 countries. And with
      287 words
    • 141 25 INSIDE So far, so good THE CRUISE industry's performance in the 1980s is indeed an enviable one. Demand has grown from 1.5 million passengers in 1980 to 3.5 million in 1989. In short, it is an industry that has truly found its place in the sun. But can this story
      141 words

  • Page 26 Advertisements
    • 74 26 TO ALL OUR VALUED CUSTOMERS RMS Shipping A/S Svendborg is a very specialised carrier for class one and any project cargoes. Having a total of 6 self-substained vessel (average, two years old each vessel). We can accept cargo to almost any destinations. For more details, please feel free to contact:Mr.
      74 words

  • Page 27 Advertisements
    • 2158 27 TmBBMT JAROINE SKIPPING AGENCIES %«ll## 200 Cantonment Road #12-06 South point, Sinflwore (808 \llffr Tri *****11 TELEX NO RS ***** Rflilim TERMINAL/CFS TO *****18 220 TVK rDQOOaI BOOKINGS Tel *****34 235 M PESAKA JAROINE SHIPPING AGENCIES SON. BMO PORT KELANG HL *****11 TELEX NO MA*****/MA***** SKS PENANG TEL *****4 TELEX
      2,158 words
    • 2130 27 Viml Voy ETA I FTO 'Port 'Penang 7 DESTINATIONS Singapore Keteng TtMa MtuNw M MO4 Clowm THee fiUn CFI -»«in HU M Tauro OAK LQfl HOU MEM ATL MIA CHS SAL PHL NYC MON TOW MARC HEN M 9004 10/4 11/4 5/4 7/4 26/4 30/4 3/9 4/5 7/9 8/5 10/9
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  • Page 28 Advertisements
    • 1142 28 o~ I I I I I ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE ALASKA MARU 10/543 10/4 12/4 30/4 2/5 4/5 5/5 7/5 TOKYO BAY 97/542 16/4 3/5 5/5 7/5 8/5 10/5 HEIDELBERG EXPRESS 06/546 17/4 20/4 8/5 10/5 12/5 13/5 15/5 OSAKA BAY
      1,142 words
    • 695 28 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT CAPt 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 Afl«nte: SINGAPORE: *****00 s BOOKINGS: *****06 JOHORE 7 *****2^ NORTHBOUND TO UKC SPORE ROM/A DAM HBG HULL(U K.) TAUSALA SAMOA
      695 words
    • 1433 28 I KS IWAIIA SHI regular ihoepehocnt full cowtaimer service j WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9005 3 06/04 11/04 23/04 28/04 #04 02/05 04/05 05/05 06/05 07/05 06/05 NORASIA SUSAN 9006-3 13/04
      1,433 words

  • Page 29 Advertisements
    • 1500 29 SjgSteanlers Maritime Holdings Ltd k- _> mm STRAITS SHIPPING Thmiri t» Hi mm I. East RMaytfa, wSk Containers m m —+«•*«>**• Spore PKlanf Stm N'turg B haven Rdam la* CC^]' S DUE S ,LS TOLAGA BAT QMM OMM 2404 AW 2MM 2VM 01/05 CARGO ALASKA HARU lorw iism JW tt«
      1,500 words
    • 1790 29 TO: EUROPE TO: FAR EAST SP IH ROM HAM BRE FIX SPORE MK KAO BU CHOYANC SUCCESS OMW 13M US Hi Hi Hi W HANJIN ROTTERDAM 007E 5/4 M 11/4 l»/4 HANJIN TONGHAE 073W 71/4 15 10/5 11/5 13,5 14/5 CHOYANC CHANCE 046E 12/4 1M 11/4 2M HANJIN ROTTERDAM OHW
      1,790 words
    • 350 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC AMBALIKA ASEAN PIONEER TRADER VOY. NO 4 54 1 Spore SW 10/4 27/4 P. Kelang 16/4 30/4 Penang Hong Kong 5/4 Yokohama 14/4 11/5 20/5 Nagoya 12/4 9/5 M/ 5 Osaka 10/4 7/5 16/5 Senboku Kashima Funabashi •For Discharging
      350 words

  • Page 30 Advertisements
    • 624 30 I A Joint Europ# S«rvlc« Of «r. NMum uoyo r.x. mm now px tMWKM mmm •rr tmmm utn S CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY S'POAE R OAM/ H'BURG BREMEN ANTWERP ADAM SPANJANG/2SRB 22-W4 23/5 VJi W J£ MATARAM/AWB 38/4- 2/5 5/* "W W W FAST TRANSIT TIME H/
      624 words
    • 814 30 HANJIN SHIPPING 1 tfy FULL CONTAINER SERVICE MOVANC SUCCESS MM Piif| "fT T T T"T t I [gp 4ANJIN TONG HAE 073W 21/4 9/5 10/5 11/5 13/5 14/5 21 2 Sf W1 W 4ANJIN ROTTERDAM OOIW 28/4 16,5 17/5 H5 20/5 21/5 Q UItN S AY BRIDCE 013E 14/4 H
      814 words
    • 1549 30 i d I cT"T3~3^~^k IPKL SU> HKC KSC KLC PUS HUT OSK TYO BAI LHV **f FU H#C "f EVER CAT Hl* 7/4 \IH W M/ 4 17* I*4 a/4 24/4 I*s 29/5 Mg W Jg W EVER GRACE 9/4 11,4 I*4 17/4 21/4 2*4 24/4 24/4 1/5 24/5 *1
      1,549 words

  • Page 31 Advertisements
    • 1271 31 SSaPff PACIFIC INTERNATIONAL LINES (PTE) LTD B Jf Jhv PK- Building, 140 Cecil Street #0300, Singapore 0106. I JAKARTA I I BANGKOK I MLTA L MAS U9S S i? 14/4 KOTvfjADE 23N S «M VIM MM S™ 5 a a Etas-- r s ais E: mas si is: a 4
      1,271 words
    • 1137 31 r BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL ]vOY SP I PK I STON HAM BHAVEN ROAM HAVRE Totaga Bay 09/540 Sated 6/4 24/4 27/4 28/4 26/4 25/4 Hamburg Express 95/539
      1,137 words
    • 506 31 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon); Spore P.Kelang Penang Bangkok HPAAN Vl4l* i/10 Apr PAGAN VISSW 2002 APR ■g* THE BANK UNE (A Mrvic* of Andrew Weir Shipping) SEMI-CONTAINER SERVICE U HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I Sun COLUMBUS SINGAPORE VCS
      506 words

  • Page 32 Advertisements
    • 565 32 fHiS IRANIAN SERVICE Singapore loading for IRAN TEYFOURI 2/4 Bandi Abbas A VSL MIO Banda Abbas (National Una Ot Mexico) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAINER SERVICE HKG LI ENSINADA ICARKNAS S CRUZ KANZANIILO TOLUCA VlO 300 22J4 24/4 2M »4 2/5 MITAL V 24 1(4 1/5 I*s OAXACA Vl2 LI/4
      565 words
    • 347 32 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HUG LBH OAK S£» FROM PSW LBH OAK SEA HKG SIN HYUNDAI COMMANDER 16C 071* 12,-04 3004 0305 0605 HYUNDAI INNOVATOR W* OMB 0603 llflß »03 05OJ HYUNDAI PIONEER 31E 13/04 U/04 07/05 10,-05 1305 HYUNDAI EXPLORER
      347 words
    • 212 32 CCNI# Compart 1a Chilcna de Navrgacion Inirrucranica S.A. TO SOUTH PACIFIC PORTS VO3Ol SIN POM LAE SUV PPT CAPE MALEAS 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE VO3Ol SIN IQQ ANF VAP THO CAPE MALEAS 25/4 29/5 1/6 4/6 6/6 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDNG #*****7
      212 words

  • Page 33 Advertisements
    • 843 33 ■|s*E= Inter ((Hi MAKIIIMI I 111 FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —15/4 TOKYO —12/4 LE HAVRE 9/4 LAUTOKA —13/4 KEELUNG —15/4 YOKOHAMA —12/4 ROTTERDAM 9/4 SUVA —13/4 MANILA —13/4 KOBE —12/4 UK PORTS 9/4 BANGKOK —14/4 A i ictqai IA HAMBURG —9/4 EAST AFRICA BUSAN -13/4
      843 words
    • 732 33 I Nedlloyd WE GIVE YOU THE WORLD kW'W Nedlloyd Lines ymwW NEW ZEALANP/FUt i I VESSEL Jkt PKg 'Pen *Btk S.n S 5T7» Auckland FijKA) N.Ptymouth(A) Timaru lytt»lton<B) Dun«din(B) Napier Welliinton(C) Tauran(a N Rochester*** 11/4 14/4 11/4 11/4 13/4 11/4 1/5 45 3/5 3/5 4/5 4/5 6/5 7/5 S/5 N
      732 words

  • Page 34 Advertisements
    • 1121 34 N. AMERICA-ATLANTIC COAST VOY *INDO 'PK/PNG |~SGP LB CHLS NFK NYC HFX RAINBOW BRIDGE 23 2/4 3/4 5/4 28/4 8/5 10/5 12/5 16/5 OOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 15/5 23/5 OOCL FAITH W 22/4 21/4 19/4 12/5 22/5 24/5 26/5 30,5 OOCL FRIENDSHIP 19 23/4 24/4
      1,121 words
    • 719 34 ETD S N (1 DAY) 0 DAY) (1 DAY) MENA 1 09/W/90 PORT KELANG PENANG BANGKOK VICTOR TWICE^fKLY BOOKING CONTACT w crn SIN PDAYS) (1 DAY) <«pap' 08/Wflo JaMik HONG KONG KAm4 mwc KEELUNG JOYCE/JUDY ll TWICE/WKLY ETD SIN (6 DAYS) (1 DAY) DAYS) 08jow BUSAN MANILA NAGOYA serene/ssti twice/wkly
      719 words
    • 304 34 Continental Pacific Shipping jr TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADINC FOR TAIPAN SW SM ROM/ANT/FLU/UK ARTEMISION Sid SETE/RDM/ANT/FLU/UK BYRON V 7/4 12/4 1M SETE/ROM/AAT/FLU/UK Losda Sj bah, Indonesia ®MULTIPORT AGENCIES (S) PTE. LTD. TEL: *****77 FAX: *****31 P.K. MULTIPOINT SON BHD TEL: 9M2MM TLX: MA *****
      304 words
    • 630 34 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD |OC>4 23 Telok A r af Street SINGAPORE 0104 1 TEL: *****80 (10 LINES) Fu: *****04 STRAITS/PERSIAN GULF SERVICE: S'por* P Ketone Penanj GOLDEN HAVEN Cotombo'Ktoch., DuOfc HO Apr GOLDEN BEAR Colombo Karacfi DuSa. »21 Apr CHINA SERVICE VU QING HuancpuShancha 15/14 Apr
      630 words

  • Page 35 Advertisements
    • 1653 35 NEPTUNE AGENCIES PTE LTD SINGAPORE yy *****7400 C0 UK /EUROPE *****19, AUST/INDIA/PAK *****18 K USA *****16, FAR EAST *****48 gza %ZT m 79 °C'FS:M2- IMPORT: *****69/*****50 233p EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 H~Ti)R"vHL/VOY PK!S PHti H»iP MUTHKR VSL/VOY S«.P LEH KLX BOM HAM MOTfCB
      1,653 words
    • 1245 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: HMHXfI Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** PfNAMC KiLANC MESSRS MAI TMOMC SMIPTINC W Ptn»n| Strttt. Piw* ItoUyvi MA HAN OI ING SYSTEM
      1,245 words

  • Page 36 Advertisements
    • 757 36 r |^USW-LIhESM^ DSR LINES VEB DEUTRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND SIN *LCA ANT ROM HBG RST E THAELMANN 2/» In Pt 11/04 27/04 27/04 29/04 03/05 RUEBELANO 2/» 14/04 30/04 10/05 10/05 12/05 13/05 W. ULBRICHT 4/10 01/05 15/05
      757 words
    • 1207 36 UKC CONVENTION Al. MH6VICK Vassal P KLG PNG P G LoAdinf for TONGCHUAN 103 Rott«rd*m/Ant<nrp YANGCMUAN 26/4 Rottartam/Aiitworp CHINA PULL CONTAIN** 6CTVICT Vassal PKL PNG SPORE BKK HKG SHA QIN LYG WEI HE SO 27/3 2S/J 31/3 6/4 10/4 YANG FANG KOU 125 31/3 21/3 5/4 U/4 19/4 20/4 Actaptinf
      1,207 words
    • 260 36 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 7.4 90 84 90 PANjANG/PK BALAM NAGA JAYA 9.4.90 10.4.90 PANJANG LAMPUNG JAYA IN PORT 10.4 90 SEMARANG/PANJANG PINANG JAYA 10 490 12.4.90 PANJANG/PK BALAM PERITA JAYA In Port 8.4 90 PANJANG/JAKARTA
      260 words
    • 555 36 v ——1 VcA POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka 11R A N I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :9/4, 13/4, 26/4, 29/4, 12/5, 16/5 leurope 1 :To all inland
      555 words
    • 491 36 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) [yam. jwr 1 miiwom wm 1 Sim BHUM 442W Thuf In PI Sun M PIVA BHUM 21* Stt 7/4 Tut Mf4 JIWA BHIHT IHW Hon it* THur 12/4 MAMA BHUM WW tNd IV* Stt 14/4 MtKHAWIK KUWAKO 04W W«d 11/4
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  • Page 37 Advertisements
    • 1068 37 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 7/4 14/4 A VSL 11/4 17/4 A VSL 15/4 21/4 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI 12/4 S.KOREA/JAPAN BANGLAR MAYA 7/4 CTG/MONGLA ETA S'PORE LOADING FOR A VSL 15/4 Port Suez/Port Said/Alexandra i*-«n EAST MALAYSIA SNIPPING ENT.
      1,068 words
    • 197 37 VESSEL I VOY ETA LOAOtWO FO« SPOWE ANOiNET 19MB S/06 OARESSALAAM DJIBOUT I ASSAB MASSAKKA HOOEIOAH ABBAY WOM2 24W8 155 OARESSALAAM MOMBASA. DJIBOUTI assab massawa. hooeioah PQ KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore |P. Louis" Durban
      197 words
    • 596 37 te.P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA A 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
      596 words
    • 691 37 irmn BAY OF BENGAL SERVICES MADRAS CALCUTTA ¥E>IELS WT >W MM SIM MOTE RIIS 02*90 OS/4 12/4 11/4 ING£R RIIS 02N90 10/4 17/4 24/4 MOTE RIIS Q3N9O 19/4 26/4 03/5 YEAR BUILD I*9 INGER RIIS 03*190 24/4 01/S 08/5 DANISM FUG MEETE RIIS 04N90 03/5 111/S 17/5 INGER RIIS 04N90
      691 words
    • 357 37 TO AUSTRALIA/NEW ZEALAND Sapifi |Fr i 111 M i I |A«cH—I On—*"""] MUSUL MS *4 a* m* VS H IW C VfROUK M KM W 55 U/S uii aji a*tw»«ii iir~ u/s m a/i Si S S TWT txfttss Minim 2M S» 55 2/7 Aho tcctpting cirgo to:AUSTRALIA Adelaide Britten*
      357 words

  • Page 38 Advertisements
    • 782 38 |FM*r fran [v 5 PNGIPKL iHoOw Vmml |V«y SIN LAX OAK HOU DAL CHI/ NOR Mill NYC OUR NEW USA SERVICE CALLS RUNGA KEMUNINC V 042 1/4 ALLIGATOR FORTUNE VJ3299 _9/4 »4_ 3*4_ _1/S_ _l/5_ J/5_ _2/5_ _2/5_ _Vs_ SINGAPORE RUNGA KEMUNING VM4 JW_ ALLIGATOR VICTORY V ***** 10/4 _Jff_
      782 words
    • 101 38 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73 TLX: ***** WGATE mK *The Difference is Quality 80UTH EAST ASIA FAR EAST USA ALL PORT [BANGKOK 14/41 jHONOKONQ »4 LOS ANGELES IvTj [MANILA" |KEE/KAO 10/4~ NEW YORK 16/41 Jakarta 14/4 pusaw 12/4 [P KELANG/PENANG 18/4 rtOKYQ/YOKO 10/4 |RANGOON 20/4 INAOOVA
      101 words
  • Page 38 Miscellaneous
    • 147 38 Regional Weather x ios jf hoe SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON APRIL S. LEGEND: R Thunderstorm Temperature °C A Weother Wind direction with speed »n knots Rom v.. Cloud, Sk, Wov.h„,h, Surface windi arc indicated by arrows which fly with the wind One full circle represents
      147 words