The Business Times, 19 April 1990

Microfilm: NL16972
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday April 19 1990 75*
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  • NEWS SUMMARY
    • Article
      Malaysia to join Cocoa Producers' Alliance
      37 1 THE MALAYSIAN Cabinet yesterday approved a recommendation for Malaysia to join the Cocoa Producers' Alliance in response to calls from major producers Ghana and the Ivory Coast for cooperation and solidarity.
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    • Article
      Wellcome investment
      17 1 BRITISH pharmaceutical giant Wellcome Corporation is investing $10.5 million in a factory extension Page 2
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    • Article
      Costs still competitive
      35 1 IN SPITE OF price increases for building materials like cement, the cost of construction materials in Singapore is still among the most competitive in the Asia-Pacific, says a CIDB survey Page 2
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    • Article
      Manufacturing gains
      17 1 MALAYSIA'S manufacturing sector showed strong double-digit gains in both export and domestic-oriented industries Page 8
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    • Article
      Bills on land use
      37 1 IN A FIRST STEP towards reforming Japan's land use policies, the Cabinet has approved two bills aimed at promoting 'effective and efficient' use of underused sites in urban areas for housing Page 10
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    • Article
      Tokyo still in danger
      19 1 TOKYO still faces possible US trade retaliation in spite of its recent concessions. Page 10
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    • Article
      Bush studies response
      28 1 US PRESIDENT Bush is considering measures against Moscow if threats to cut natural gas and other vital supplies to Lithuania are carried out Page 12
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    • Article
      Less food, longer life
      31 1 CONSUMING only 60 to 65 per cent of your normal diet can lead to a life span one and a half times longer, say researchers Page 21
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    • Article
      Project moves ahead
      27 1 OILTANKING Singapore is going ahead with the second phase of its tank storage project now under construction on Pulau Seraya. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      42 1 THE stock market was mixed in early trading yesterday, registering mixed feelings about the latest news on the nation's international trade balance. The Dow Jones average of 30 industrials dipped 6.31 to 2,759.46 in the first hour of trading.
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    • Article
      Footsie higher
      47 1 SHARE PRICES in London were higher in light trading at midday yesterday as investors waited for the release of US merchandise trade figures later in the day. At 1100 GMT, the Financial Times-Stock Exchange 100-Share Index was up 5.5 points, or 0.2 percent, at 2,220.0.
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    • Article
      Securities shuffle
      16 1 PEOPLE are moving in the securities industry. Find out who's going where Page 3
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    • Article
      Higher profits likely
      20 1 MALAYSIAN broking firm Rashid Hussain is expected to surpass forecast profits of Ms 23 million Page 3
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    • Article
      Time Eng seeks stake
      26 1 TIME ENGINEERING is proposing to buy from the Fleet group a 49 per cent stake in Celcom for MSBI.S million Page 3
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    • Article
      NIF-ty debut
      21 1 DBS BANK'S merchant banking arm makes its debut on the capital market with a $200 million NIF Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 767.85 +2.17 Kuala Lumpur ....550.39 -2.87 Hongkong 3,052.35 +31.91 Tokyo 29,249.06 +787.46 Sydney 1,501.2 +1.2 Tuesday Change New York 2,765.77 +2.71 London 2.214.5 -7.6
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    • Article
      COMMODITIES
      21 1 Exchange rates US$ SSI.8785 Yen (100) SSl.1755 MS SS0.6882 Money market rates Overnight 5 3/4 unch 3-montn 6 9/16% +1/16
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    • Article
      CURRENCIES
      25 1 London Gold PM fix US$374.75 US$0.75 Rubbor S'pore May 156.00»/kg -0.01 M'sia May 211 .OOVItg -0.50 KL Tin Turnover 60 tonnes Spot M$l7.37/kg +0.12
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  • Article
    Create dream housing and win a cash prize
    451 1  -  By Lilian Ang DEVELOPERS and others who complain about the limitations of government planning guidelines have been given a chance to put their money where their mouth is. They have been asked to take part in a competition to improve on the
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  • Article, Illustration
    S'pore praised for open economy
    504 1  -  From Anna Teo in WASHINGTON IN SPITE OF emerging opportunities elsewhere, the US continues to regard the dynamic Asia-Pacific region as a vital and most attractive economic partner. It also sees Singapore as the most open of all the Asian economies. This was one message
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  • Article
    Lock icon Washington records six-year low in monthly trade deficit
    354 1 Agencies THE US TRADE deficit shrank dramatically to U556.49 billion in February, the lowest monthly trade gap in more than six years. The Commerce Department in Washington said yesterday that February's deficit was more than 30 per cent below January's U559.32-bil-lion shortfall.
    Agencies  -  354 words
  • Article, Illustration
    Montreal group Lavalin out to win Asian deals
    543 1  -  By Alan Lee CANADIAN engineering group Lavalin is bidding for and close to winning several multi-million dollar infrastructural projects in Asia. For a start, the Montrealbased group is very confident of clinching a Cs2-billion mass rail transit system in Bangkok, Thailand. Lavalin,
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      Page 1 Advertisements Column 1
      242 1 Burberrys I 1 i Reigns when it pours i CHINA'S WORSENING ECONOMY 14 WARMING DEBATE HEATS UP 16 THE NAME OF THE EGG 18 Advertising Marketing 18 Money Changer Rates 31 World News 10, 12 Aircraft Schedule 31 Money Market 29 Work) Stock Markets 28 Commodities 30 Regional News 8
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      Page 1 Advertisements Column 2
      94 1 BALLY I of Switzerland V«fc' .infill HaUy Singapore Pie Ltd Meetings with Quayle and Cheney, Back Pg TH E SHAKIEST SOWN IE 111 SI Wearing a white shirt is a great way to cover-up a dandruff problem if you're not party to a little Vitalis anti-dandruff secret. Encide. This special
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      Page 1 Advertisements Column 3
      3 1 Analysis, Pg 15
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Size of Sibex reflects building upturn
        111 2 ABOUT 500 companies from 23 countries will participate at the South East Asian International Building Exposition (Sibex) which will run from May 16 to 19 at the World Trade Centre. Now in its eighth year, Sibex has been billed as the region's longest running
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      • Article
        Cofreth gets lion's share
        102 2 COFRETH, a wholly-owned subsidiary of international French group Lyonnaise Eaux, has emerged as a majority shareholder in B&W Engineering and Kool Air Service after a corporate restructure. The company, which had an annual turnover of $5 billion, specialises in mechanical and electrical maintainance as well as
        102 words
      • Article
        A window to Singapore
        65 2 TAKING PART in an overseas exhibition without being physically there? Singapore Telecom is doing exactly that. The statutory board, in providing another application for videoconferencing, linked up NEC Singapore to Communications Tokyo 90 from yesterday to Saturday. NEC has booked 48 hours of video-conference time during
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      • Article
        The greening of HK Bank
        82 2 ONE BANK is going all out to be "green". The Hongkong Bank (Singapore) announced yesterday that it intends to become "a crusading proponent of recycling and aims to use recycled paper for all its internal communications stationary in the long run". The bank said that
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      • Article
        One-stop consultancy
        61 2 WE HAVE HEARD of one-stop shopping, but one-stop consultancy services? Local recruitment agency Skilltek Services claims to do just that by offering services such as expatriate orientation, direct mailing, management consultancy and seminar organisation. The firm started as a recruitment agency seven years ago but is now thinking
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      • Article
        NUS changes library system
        79 2 THE National University of Singapore is switching to a new computer system for its library. Called the SEA-URICA Library Automation System, the fully-integrated, real-time system will allow users to access online the library's catalogue through over 300 workstations in its libraries as well as in the
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    • Article, Illustration
      A Wellcome investment in health-care industry
      304 2  -  By Sangeeta Mulchand THE BOOM in regional demand for health-care products has led British pharmaceutical giant Wellcome to set up its first factory in Singapore. It will spend $10.5 million to build a factory next to its regional headquarters in Jurong, which will be
      304 words
    • Article, Illustration
      Lock icon S'pore building materials competitive
      280 2 DESPITE price increases for some building materials like cement, the cost of construction materials in Singapore is still among the most competitive in the Asia Pacific. And while wages of Singapore's construction workers are the second highest in Asean, levels are lower than in the other
      Source: CIDB  -  280 words
    • Article
      VITB may start courses on plastics
      312 2 THE Vocational Industrial Training Board (VITB) is exploring the possibility of introducing courses on plastics and other non-metals, in response to the increasing popularity of such substances in manufacturing. With non-metal materials such as rubber and plastics making up a big part of manufactured
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    • Article
      Intraco GM to join local private company
      197 2 INTRACO general manager Thang Kwek Min has resigned to join Representations International Pte Ltd, a local private company with expanding regional business. With Intraco since 1969, Mr Thang was instrumental in developing trading links with the People's Republic of China as well as
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      Page 2 Advertisements Column 1
      488 2 Take a look at the shape you're driving in. ABS brakes as standard equipment on all our high-end cars. j j If you were your how would you fare J" Then t^ieres t^ie backbone physical fitness or a marathon? of your suspension. Unlike Odd as this sounds, when you examine
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Senior broking managers on the move
      503 3  -  By Magdalene Ng THE GRASS is greener on the other side of the fence or so it seems to some stockbrokers. Three senior executives are swapping firms in a musical chairs of sorts which suggests, say some cynics, that the market is peaking. Last
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    • Article
      Lock icon Time Engineering plans stake in mobile telephone operator
      412 3 MBT TIME ENGINEERING has proposed to buy from the Fleet group 9.8 million shares representing a 49 per cent stake in mobile telephone operator Celcom for M 581.5 million or M 58.32 apiece. Fleet group, which currently owns 2.45 million shares of
      MBT  -  412 words
    • Article
      Small investors favoured by Pan Pacific Pub
      317 3 SMALL INVESTORS will walk away with the bulk of Pan Pacific Publications' offer of 7.2 million shares at 60 cents to the public for its listing on the second board, Sesdaq. Announcing the subscription rate for the issue at the close of the
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    • Article
      Rashid Hussain forecasts M$23m profit
      379 3  -  By William Chia RASHID HUSSAIN Bhd Malaysia's first listed securi-ties-based company has forecast consolidated profits before tax of Ms 23 million for its next financial year ending May 29, 1991. RHB made this forecast in its abridged prospectus to shareholders on the company's MsB4-million rights
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    • Article, Illustration
      Lock icon Temerloh plans restructuring
      560 3 Bernama TEMERLOH Rubber Estates Bhd plans to further diversify into non-plantation businesses and to restructure its plantation interests. It also plans to make a one-for-two rights issue of 7.7 million new shares of Msl each. The plans also include the incorporation of a venture capital company, the
      Bernama  -  560 words
    • Article
      First Capital Corp ventures into advertising
      321 3  -  By Conrad Raj FIRST CAPITAL Corporation has now gone into the advertising business through subsidiary Heshe Holdings Pte Ltd. The company announced yesterday that garment manufacturer and retailer Heshe had bought over the entire share capital of Conceptual Advertising Promotion Pte Ltd. It said
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    • COMPANY BRIEFS
      • Article
        Berjaya Corp adds on five new subsidiaries
        116 3 BERJAYA CORPORATION (M) Bhd said it has incorporated or acquired five new subsidiaries. They are Angsana Gemilang Sdn Bhd, Pearl Crescent Sdn Bhd, Tekun Permata Sdn Bhd, Cempaka Raya Sdn Bhd and Selat Makmur Sdn Bhd. All the principal activities of the new
        116 words
      • Article
        Maybank-ULGI deal called off
        67 3 MALAYAN Banking Bhd's proposed acquisition of a 51 per cent stake in Universal Life General Insurance (ULGI) from ULG Holdings for M 563.11 million is off. Maybank said the conditional sale and purchase agreement signed on Dec 22, 1988 has been terminated by mutual consent from
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      • Article
        Muda expects M$21m profit
        92 3 MUDA HOLDINGS has forecast a group pre-tax profit-of M 521.03 million for the year ending Dec 31, 1990 and a prospective gross earnings per share of 31 sen after its proposed acquisition and rights and bonus issues. Muda said it will be in a position to
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      • Article
        Pahang Investments certificates
        41 3 INVESTORS holding forged Pahang Investments pic share certificates should make official claims within the six-year period as there might be a limitation period for financial claim against null and void contracts, Malaysian Investors' Association president Patrick Lim said.
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      • Article
        PB Securities profit up sharply
        60 3 PB SECURITIES Sdn Bhd, the stockbroking arm of Public Bank Bhd, reported a sharply higher pre-tax profit of M 55.12 million for 1989 compared with M 51.03 million previously. Operating revenue almost tripled to M 59.46 million from M 53.47 million while assets employed more
        60 words
      • Article
        King's shares approved
        36 3 KING'S HOTEL Ltd said yesterday the Stock Exchange of Singapore has on April 17 granted in-principle approval for the listing and quotation or 7.64 million shares which were placed privately at $3.60 each.
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      • Article
        Stake in SJ Amal reduced
        39 3 JOHTA Management Sdn Bhd has reduced its stake in South Johore Amalgamated Holdings Bhd from 6.31 million to 5.73 million between March 19 to March 23. The shares were sold in the open market.
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  • Page 3 Advertisements
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      140 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. Model shown 0033 1418 56 ti6L BlancpaiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all, only four ladies' watches and
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      55 4 TIT! aU-ntigU If you're flying to France, why wait 'till you get there before you start getting into the mood? UTA, the French Airline, departs Changi every Tuesday and Friday, laden with French cuisine, French wines, French stewardesses, and intelligent Singaporeans. It's a non-stop flight, so you get twelve hours
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  • REGIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Cojuangco fails to regain influence in San Miguel
      517 5 AFP FILIPINO tycoon Eduardo Cojuangco, a longtime ally of deposed president Ferdinand Marcos, has failed to regain influence in the beer giant San Miguel Corp at the company's annual meeting held in Manila on Tuesday. The proceedings went smoothly despite challenges from
      AFP  -  517 words
    • Article
      Lock icon Toyota, Nissan exports fall but sales in Japan soar
      283 5 AFP JAPAN'S two biggest carmakers, Toyota Motor Corp and Nissan Motor Co Ltd, have experienced a drop in their exports by around 9 per cent in the year to March, reflecting sharp increases in production abroad. But the two companies also
      AFP  -  283 words
    • Article
      Lock icon Thai exchange probes abuse of on-line service
      405 5 MBT THE Securities Exchange of Thailand is probing four companies which arc said to be relaying on-line stock information they receive from the exchange to their clients. The Bangkok Post quoted SET president Maruey Phadoongsidhi as saying that the exchange would withdraw their
      MBT  -  405 words
    • Article
      Lock icon Kwong Sang Hong to shift domicile from HK
      153 5 Reuter HONGKONG-listed Kwong Sang Hong Ltd, eight-per cent owned by Cheung Kong (Holdings) Ltd and controlled by Peregrine International Holdings Ltd, a privately held investment banking company, is shifting its domicile to Bermuda, company directors said. Shareholders approved on Tuesday a plan
      Reuter  -  153 words
    • COMPANY BRIEFS
      • Article
        Ten new firms admitted to Tokyo Exchange
        76 5 TEN SECURITIES FIRMS, including three foreign concerns, were admitted to the Tokyo Stock Exchange (TSE) on Tuesday. The three foreign brokerage houses are James Cape I Pacific Ltd and Barclays de Zoete Wedd Securities (Japan) Ltd, both of Britain, and France's Credit Lyonnais
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      • Article
        Mitsubishi in the news
        154 5 JAPAN'S Mitsubishi Heavy Industries Ltd said it would supply machinery worth 20 billion yen (US$ 130 million) jo two paper mills in Indonesia and another in the Soviet Union. Indonesia's PT Aspex Paper has ordered equipment to build a newsprint plant near Jakarta. The plant is
        154 words
      • Article
        Hyundai's big Soviet project
        163 5 SOUTH KOREA'S giant Hyundai Group will take part in building a US$2 billion petrochemical complex in the Soviet Union, company officials said yesterday. They said Hyundai's founder and honorary chairman, Chung Ju-yung, who is spearheading Seoul's drive to develop business contacts in the Soviet Union, earlier
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      • Article
        Bank Duta to be listed
        103 5 BANK DUTA will offer 19.5 per cent of its shares to the public from April 19 through May 9, the Jakarta Post has reported. The bank, which will be listed on the Jakarta Stock Exchange on June 12, is offering 27.5 million shares with nominal
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      • Article
        Brierley optimistic about stake
        109 5 BRIERLEY Investments Ltd (BIL) said it is seeking anti-trust approval to buy a majority interest in state-owned Telecom Corp of New Zealand Ltd. BIL chief executive Bob Matthew said in a statement that he did not foresee any difficulty with the application to New Zealand's Commerce
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      64 5 I 111l 11 Bangkok here else but the Shangri-La. Famous for banks the A SHANGRI-LA international HOTEL SHANGRI-LA HOTEL. 89 SOI WAT SUAN PLU, NEW ROAD, BANGRAK, BANGKOK *****. TEL: (2) 236 7777. TLX: ***** SHANGLA TH. FAX: (2) 236 8578/9. SHANGRI-LA INTERNATIONAL: SINGAPORE 535 7876 <E SHANGRI-LA INTERNATIONAL HOTELS
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        European Leisure unmoved
        98 6 ENTERTAINMENT firm European Leisure pic has said that it will continue with its bid for pub and snooker club operator Midiummer Leisure pic even though Midsummer has asked its shareholders to reject it. Midsummer had agreed to the bid when it was first made on April 2,
        98 words
      • Article
        Thomson-CSF profits retreat
        103 6 FRENCFt DEFENCE ELECTRONICS GIANT ThomsonCSF said its attributable net profit fell 11 per cent to 2.63 billion French francs (US$466 million) last year mainly because erf" a bad year at its financial investments unit. The state-controlled group has positioned itself in recent years among world leaders in
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      • Article
        Campeau ordered to repay bank
        87 6 THE SUPREME COURT of Ontario has ordered Robert Campeau to pay U5526.7 million to the Bank of Montreal after the Campeau Corp chairman failed to defend himself against a claim that he defaulted on a personal loan. In lieu of payment, the bank now has
        87 words
      • Article
        Rolls Royce wins Ansett deal
        60 6 AERO-ENGINE company Rolls Royce pic has won an aeroengine deal worth more than £60 million from Australian aircraft leasing group Ansett Worldwide Aviation Services. The firm said it had been chosen by Ansett to power 10 Boeing 757 airliners with RB2II/535E4 engines. Ansett has 38
        60 words
    • Article
      Lock icon Del Monte sells its European offshoot
      417 6 FT DEL MONTE, the US processed fruit and vegetables group which was bought out from RJR Nabisco in January, has sold its European juice and tinned fruit business for US$375 million to investors led by affiliates of Britain's Charterhouse Bank. The deal continues the
      FT  -  417 words
    • Article
      Lock icon Revamp pays off for Societe Generate de Belgique
      243 6 AFP SOCIETE Generale de Belgique (SGB) SA, Belgium's biggest corporation, soared into profit last year after its new French owners applied a tough restructuring plan. Consolidated net profit was 20.1 billion Belgian francs (U*****.28 million), after a net consolidated loss in 1988,
      AFP  -  243 words
    • Article, Illustration
      Lock icon Rolls-Royce demerger would boost Vickers
      261 6 Reuter NEW ZEALAND entrepreneur Sir Ron Brierley says his proposal to separate Rolls-Royce Motor Cars from Vickers pic would increase the value of the British engineering parent's shares by at least 30 per cent. Sir Ron, Vickers' biggest shareholder with 18.2 per cent, said in
      Reuter  -  261 words
    • Article
      Lock icon New funds jumping on the EC frontier bandwagon
      423 6 NYT THE FLURRY of corporate buyouts that has swept across Europe in recent years appears to be on the verge of new growth. At least, that is the hope of some on Wall Street and in the international financial community. In recent
      NYT  -  423 words
    • Article, Illustration
      Lock icon McDonald's to use recycled building materials at outlets
      344 6 NYT FACING widespread opposition to its plastic food packaging and a rising tide of environmental concern, McDonald's Corp is planning to buy up to US$lOO million in recycled construction materials for use in building and remodelling its fast-food restaurants. The company said
      NYT  -  344 words
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      279 6 K" 1 fci r X m W* M jfl f i A M A ■|LX>V i RTKyundono>ndonM »w. H TTML International Limtttd Ak .A' "•'•••lfcnw. Hfc I Pfl o— B£JoR^b ""ACMAB> nnay ,nvaat n SIK'% >i9| u M n)k x MSSi MSSk B B 9kohA^4^.co. Ud j^^^H» 1/ Ratio N
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  • FINANCIAL NEWS
    • Article, Illustration
      NDC Merchant Bank to tap market for $200m
      400 7  -  By Soh Tiang Keng NDC MERCHANT Bank, a wholly-owned subsidiary of DBS Bank, is tapping the capital market for the first time through a $200 million note issuance facility (NIF). The facility will be arranged and lead-managed by DBS Bank, while OCBC
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    • Article
      Lock icon US wringing out 173 banks' records
      257 7 Reuter THE Bush Administration said on Tuesday that 173 US banks had been ordered to turn over records of more than 750 bank accounts that contained nearly US$4OO million in illegal Colombian drug profits and that most of the accounts had been frozen. Administration
      Reuter  -  257 words
    • SMALL CHANGE
      • Article
        Boston Corp sells Aussie unit
        79 7 MacQUARIE Bank Ltd said it will buy Boston Australia Ltd, the Australian merchant banking arm of Boston Overseas Finance Co. Macquarie said the deal is to be completed later this year. Boston Overseas Finance is a unit of Bank of Boston Corp. Although Boston Australia
        79 words
      • Article
        Liffe suspends currency futures
        90 7 THE London International Financial Futures Exchange (Liffe) has suspended all its currency futures and options contracts, following Board approval, the Exchange said in a release. The US dollar/mark futures, Swiss franc futures, yen futures and US dollar/mark option have been suspended immediately. The other currency contracts
        90 words
      • Article
        Keppel Fin branch moves shop
        43 7 KEPPEL Finance is relocating its Jurong branch at Corporation Drive further west, to Jurong West Street 92 on April 23. Mr Teo Soon Hoe, Keppel group finance director, will officiate at the opening ceremony of the new branch.
        43 words
      • Article
        Commonwealth Banking cut
        81 7 AUSTRALIA'S Commonwealth Banking Corp said it will cut its prime loan reference rate to 18 per cent from 18.5 per cent, effective April 23. Its overdraft reference rate remained unchanged at 18.5 per cent. The loan reference rate is tied to long-term economic trends while the overdraft
        81 words
    • Article
      Lock icon Citicorp's earnings plunged 56pc in the first quarter
      363 7 NYT CITICORP, America's largest banking company, said on Tuesday that problems with real estate loans and loans for corporate takeovers caused its earnings to fall 56.3 per cent in the first quarter, to US$23l million, from US$529 million a year ago. Other
      NYT  -  363 words
    • Article
      Deutsche Bank to activate dormant merchant unit
      278 7  -  By Hong Lee Tiam WEST GERMANY'S Deutsche Bank AG will activate its dormant merchant bank here when it relocates its Hongkong-based project financing unit to Singapore at the end of June. A spokesman for the Singapore branch of Deutsche Bank, Mr Hubertus Vaeth
      278 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      215 7 EVERYTHING'S AUTO/ An exciting car accessory from Hertz that makes most things automatic. AUTO NAVIGATION AUTO PARKING f\ r/^i r Q -,r N Q y AG a;s\^\ Gets you through traffic to where you're going. Parks your car for you automatical ly (and even pays for all your parking AUTO
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  • Page 7 Miscellaneous
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  • THE REGION
    • Article
      Lock icon KL manufacturing output up 14pc: Mida survey
      426 8 Bernama MALAYSIA'S manufacturing sector's volume of output over the six-month period from July to December 1989 increased by 14 per cent, with strong double-digit gains emerging from both the export and domestic-oriented industries. An industrial trend survey conducted by the Malaysian Industrial Development
      Bernama  -  426 words
    • Article, Illustration
      Lock icon West plundered forests: Jakarta
      248 8 AFP INDONESIA has urged Western industrial countries to help save the world's tropical forests, saying they were primarily to blame for past destruction. The official Antara news agency yesterday quoted a speech by Research and Technology Minister Jusuf Habibie at a scientific conference in Washington. He
      AFP  -  248 words
    • Article
      Japanese likely to stay main players in Asian property sector
      293 8  -  Genevieve Cua JAPANESE INVESTORS are expectcd to remain at the forefront of the Asian property market, but they will continue to slow down their buying spree in the United States this year. Robert Hannington of property consulting firm Knight Frank
      293 words
    • Article
      Lock icon Thai army denies activities in Burma
      215 8 AFP THAILAND'S military has denied what it said were accusations by a US lawmaker that it helped Burma suppress minority groups and participated in logging. State-run radio in Bangkok on Tuesday said the statement by US senator Daniel Patrick Moynihan tarnished Thailand's reputation and
      AFP  -  215 words
    • Article
      Lock icon Jakarta's domestic airport to become exhibition centre
      327 8 Bernama A GIGANTIC PROJECT funded by the Japan Overseas Economic Development Fund is on to turn Jakarta's domestic airport in Kemayoran into an exhibition centre to showcase Indonesia's economic achievements. So far this year, the Japan Overseas Economic Development Fund has provided 17
      Bernama  -  327 words
    • NOTE BOOK
      • Article
        Suharto expected to give China signal
        69 8 INDONESIA'S President Suharto is expected to deliver "a significant signal" on the current process of normalisation of diplomatic ties between Indonesia and China at an upcoming law conference in Beijing Albert Hasibuan, chairman of the Indonesian Lawyers Association, said yesterday that the state secretariat
        69 words
      • Article
        Aquino urged to run again
        91 8 A GROUP of Philippine mayors plans to launch a campaign to gather four million signatures for a petition urging President Corazon Aquino to seek a second term. The Daily Globe in Manila said yesterday that Renato Reyes, president of the 1,520-strong Municipal Mayors League, believed
        91 words
      • Article
        Concrete support for Manila
        73 8 CHINA, North Korea and four other countries have agreed to supply the Philippines with up to 1.15 million tonnes of cement over the coming months to ease a serious shortageManila's Department of Trade and Industry said yesterday that the bulk of the shipments will be purchased
        73 words
      • Article
        Selling Malaysia in the US
        65 8 THE Malaysian embassy and the Smithsonian Institution will jointly host a special programme to promote Malaysia to Americans. "The mystique of Malaysia" course kicked off in Washington on Monday with an "Introduction to Malaysia: The land, history and people" by Malaysian Ambassador Datuk Albert Talalla.
        65 words
    • Article
      Lock icon Australia to resume its Cambodia peace efforts
      273 8 AFP A SENIOR Australian official will visit Hanoi, Phnom Penh and Bangkok to resume efforts to promote Canberra's peace plan for Cambodia. A foreign ministry spokesman in Sydney said yesterday that the journey by Michael Costello, deputy secretary in the foreign affairs department,
      AFP  -  273 words
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      Page 8 Advertisements Column 1
      117 8 J THE BEST OF Mia TEE EAST IN finlS] A ONE-STOP FEAST! cjZl VUju tVUtJ* I Alvin Tan, dementi. At Spices we have one single-minded goal. To bring vou Asia's best and most popular dishes. All your favourites and some new tastes. All under one roof. And beyond that, to
      117 words
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      Page 8 Advertisements Column 2
      305 8 Win A Bigger Slice Of The Huge Computer Butfnest Me Through South latf Asia's Bloooit MluuiumuuCoi IxMMtkWi lPwie%ei BSOI W mm mmm August 23-26, 1990 World Ttade Centre, Singapore Consider The Market Needs The Asia-Pacific, a USS232 billion industry with an average annual growth rate of V per cent, is
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      Page 9 Advertisements Column 1
      30 9 Ist End-of-Season Sale April i 3 22 V -IB v S|| ;^■■pr v bh| gS.^SkmonL PARIS #02-07 WISMA ATRIA. 435 ORCHARD ROAD. SINGAPORE 0923. TEL: *****93. OPENS FROM 10AM 9PM.
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  • THE WORLD 1
    • Article
      Lock icon Japanese Cabinet proposes bills to improve land use
      419 10 AP IN A FIRST STEP towards reforming Japan's land use policies, the Cabinet approved two bills on Tuesday aimed at promoting "effective and efficient" use of underused sites in urban areas for housing. Both proposals are aimed at targeting underutilised land for
      AP  -  419 words
    • Article
      Lock icon Tokyo still in danger of US retaliation
      280 10 Reuter JAPAN has won political praise from the Bush administration for its trade concessions this month, but it is not out of the woods yet. US officials in Washington said on Tuesday that they expected Tokyo to take further measures in the next
      Reuter  -  280 words
    • Article
      Lock icon Pentagon praises Japanese defence spending
      278 10 AFP US DEFENCE Secretary Dick Cheney has issued an annual report on defence spending by US allies, praising Japan for making "rapid progress" towards defending its territory and sea lanes. The report, released on Monday by the Pentagon, at the same time criticised the defence
      AFP  -  278 words
    • Article, Illustration
      Fighter pilot killed in mid-air collision
      45 10 A Canadian F-18 jet Tighter lies in ruins after a collision with a similar plane in Karlsruhe, West Germany, on Wednesday. One pilot was killed while the other was badly injured. Several people were also hurt by falling debris.
      45 words
    • Article
      Lock icon Hongkong makes it easier for Taiwanese to visit
      288 10 AFP HONGKONG has further simplified entry procedures for travellers from Taiwan after Taiwan travel agents called off a threat to boycott the territory, an immigration department spokesman said. The spokesman said on Tuesday that Taiwan census papers would no longer be required
      AFP  -  288 words
    • Article
      Lock icon De Klerk agrees to end of apartheid, rejects black rule
      303 10 Reuter SOUTH AFRICAN President F W de Klerk has rejected black majority rule in his country but said apartheid must end. At the start of a four-day parliamentary debate in Cape Town on Tuesday, he promised to create "a new
      Reuter  -  303 words
    • WORLD WATCH
      • Article
        Three provincial pillars of Chinese economy
        85 12 THREE SOUTHERN PROVINCES that have been in the forefront of China's economic liberalisation accounted for 30 per cent of the country's exports last year. The People's Daily said yesterday that Guangdong, Fujian and Hainan Island together exported US$l3 billion worth of goods last year
        85 words
      • Article
        Pakistani exports up 5.7pc
        64 12 PAKISTANI EXPORTS have risen by 5.7 per cent in the past nine months, earning U553.47 billion. Commerce Minister Faisal Saleh Hayat told an advisory council of his ministry in Islamabad on Tuesday that the increase during the JulyMarch period of fiscal 1989/90 was due to "structural
        64 words
      • Article
        Eurotunnel seeking more funds
        97 12 EUROTUNNEL pic has told its main creditor banks that it might need an extra £500 million (US$Bl5 million) to build the 50-km rail tunnel under the English Channel. Eurotunnel officials previously said the project would cost a total of £7.2 billion (US$ll.7 billion). Banking sources in
        97 words
      • Article
        NZ inflation rate hits 7pc
        90 12 NEW ZEALAND'S consumer price index increased by 0.9 per cent in the quarter ended last month, making inflation for the year 7 per cent. The quarterly rise followed increases of 1.2 per cent for the December 1989 quarter and 3.5 per cent for the September
        90 words
      • Article
        Thatcher unmoved by rebuff
        111 12 BRITAIN has glossed over a refusal by black nationalist leader Nelson Mandela to meet Prime Minister Margaret Thatcher and rebuffed his warning to her to stay away from South Africa. Thatcher aides said in London on Tuesday that she still hoped to have talks with Mr
        111 words
      • Article
        Comecon ministers to meet
        60 12 DEPUTY PRIME MINISTERS of the 10 nations in the East Bloc's Council for Mutual Economic Assistance (Comecon) are to meet in Prague tomorrow. They are expected to round off work on new statutes and rules for Comecon, which is undergoing fundamental change owing to the overthrow
        60 words
    • Article, Illustration
      Lock icon Bush declares possible action over Lithuania
      369 12 Reuter US PRESIDENT George Bush has said that he is considering punitive measures against Moscow if Soviet President Mikhail Gorbachev carries out threats to cut natural gas and other vital supplies to Lithuania. "Obviously, we are watching the situation very, very closely," Mr Bush
      Reuter  -  369 words
    • Article
      Lock icon US-Soviet trade pact faces uncertainty
      315 12 Reuter THE US and the Soviet Union are close to an agreement on a bilateral pact that would grant Moscow trade privileges but the deal could hinge on a peaceful resolution of the Lithuanian crisis. "We're pretty far along," said a US trade official, who
      Reuter  -  315 words
    • Article
      Lock icon Soviet reformer admits lack of social consensus
      307 12 Reuter THE SOVIET UNION'S leading economic reformer has said that the Kremlin does not have the social consensus it needs to introduce a modem market economy. "We have to keep a clear mind and we must not deceive ourselves... at this moment today,
      Reuter  -  307 words
    • Article
      Lock icon UN report raises alarm over E Bloc economies
      181 12 AFP THE ECONOMIC performance of the nations of Eastern Europe last year was probably the worst since the period just after World War 11, a United Nations commission said in a report released in Geneva yesterday. The report by the UN Economic
      AFP  -  181 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      89 10 Singapore Technologies Chartered Electronics Industrial Industries is pleased to announce the appointment of LINES TECHNOLOGY as the sole distributor of Computers in I Singapore Thailand Chartered Electronics Industries SINGAPORE THAILAND (Bangkok) 249 Jin Boon Lay, Jurong Town Lines Technology Pte Ltd Lines Technology (Thailand) Co Ltd Singapore 2261 53 Kim
      89 words
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      Page 10 Advertisements Column 2
      92 10 HIGHLY RATED. TENURE (months) I DEPOSIT 6 9 12 18 $5,000- $99,000 5.0% 5.125% 5.375% 5.625% 1. I J I I $100,000-$249,999* 5.875% 5.875% 5.875% 5.9375% $250,000-$499,999* 6.0625% 6.0625% 6.0625% 6.125% 'Rates are subject to change. To stay ahead, we have increased our rates again. Even better rates for I
      92 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      281 11 ■IHH« w H H #>«£*■ a"' fIBHM ii^BDiHH'^^HWß^'''« w W H A a M ba M »> x v r A" 'r t^Sfofc**.<• L-- t v.. *-C*<>i i. zxmj** For every dollar you put in, we'll we'll help you manage these risks put in another five for you. Which by
      281 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      140 12 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 and hospitality
      140 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      181 13 Nick faldos second u.s. masters. ANOTHER GREAT ACHIEVEMENT OF THE 20TH CENTURY. g JLZ 0f fl Br 1 |"I Jr ir il[ *ML M UaKI L y a\, J? WRHufflH wKhHI '[W\ 'w'-rriSHDH Ultra-thin Royal Oak for Ladies and Men in 18kt. gold, 18kt. gold and steel or all steel
      181 words
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  • Article
    A passage to Madras
    450 14 EDITORIAL Singapore's continued economic growth depends on the Republic's ability to create "economic space" for itself overseas, the Minister of State for Foreign Affairs and Finance, BG George Yeo, argued convincingly earlier this year. Through economic tie-ups, investment overseas and international networking, local firms can give
    450 words
  • WHAT THE OTHERS SAY
    • Article
      Compromise only way out
      215 14 IF PRESIDENT Mikhail Gorbachev senses that he is losing both control and support over the Baltic states imbroglio, there is no telling whether the Soviet leader will resort to the use of force. With the Soviet military growing increasingly dissatisfied with the political leadership, Mr Gorbachev
      215 words
    • Article
      Against the wind
      116 14 EVEN A SMALL, remote and feudal country in the Himalayas is not insulated from the strong winds of democracy and reforms now sweeping across Eastern Europe. What is happening in Nepal today is a trend that is not unexpected. In time, no country. big or small, will
      116 words
    • Article
      Honest question time
      157 14 WITH A democratic coalition government installed in East Germany last week, the most challenging task ahead for both East and West Germans is reunification. The East Germans have made it clear that they will not be rushed into talks with the Bonn government. Behind East Berlin's new
      157 words
  • REGIONAL VIEWPOINTS
    • Article
      Hongkong soiled
      165 14 POLLUTION in Hongkong will start to diminish significantly only when it is accepted that each individual has a responsibility to create a better environment. Putting the blame on others, whether it be the government, industrialists, or the people next door, is ducking the problem. The next phase of
      165 words
    • Article
      Empty vessels
      211 14 SOLIDARITY opposition MPs have made a great deal of noise about corruption in the government and have threatened to hold the prime minister and his entire Cabinet responsible in a no-confidence debate when Parliament reconvenes early next month. That is their duty and they must try to fulfil
      211 words
    • Article
      Gorbachev needs support
      122 14 SOVIET LEADER Mikhail Gorbachev's drive for reforms in the communist world has reached make-or-break point on the home front. Amid warnings from conservative army leaders and party officials against "anti-socialist trends", Mr Gorbachev intends pushing ahead with quick, drastic economic reforms from July 1. According to one
      122 words
  • Article, Illustration
    Lock icon The worsening economy
    839 14  -  Spring brings little cheer to the deepening Chinese winter or discontent, writes Sheiyl WuDunn Sheryl WuDunn NYT THERE is a subtle, subversive political force at work in China economic discontent. Diplomats and economic analysts say they doubt that this will propel the Chinese masses onto the streets
    NYT  -  839 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      55 14 Now you can enjoy professional haircare everyday—with System Professional for Men. A fW unique range of shampoos, treatment and styling products specially formulated to lock-in System Professional Hair Management for Men. For For further information, please call 289 5509 or 283 3163. '~-'W9mS?L* WELLA MOST TRUSTED BY SINGAPORE'S LEADING HAIRCARE
      55 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      46 14 DOONESBURY POXXJTHMKISHOUU? I BUT THEN, ITS NOT PfiP&l, &T>€R\ HGI, MfißOA 7 1 PUT HMTH THE ttCXIA- MAIKI SHOULD PUT TTIHTHG N&GRMW, N&PTOGermp eie AUMNUMSOK TOON NH.tobsafe BUT WM lUJUST OF THIS FOIL GUM THE-FSUSABLZ fWW* JUST AWSTO The SOU&WQSTB CAT TT.~NQ~. at£oßfflH6 S WRAPPfR... J
      46 words
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  • ANALYSIS
    • Article
      Economy on the skids for next two years
      713 15  -  Focus on Canada Alan Lee, on a recent visit, assesses Canada's economic well-being; looks at impending changes in its financial sector; and focuses on a homegrown giant which keeps the country's flag flying high Alan Lee CANADA faces the prospect of two
      713 words
    • Article, Illustration
      Lavalin: supernova of Canadian enterprise
      1281 15 BERNARD Lamarre has built highways in Africa, oil platforms in the North Sea and an iron ore plant in Australia since he took over control of Montreal-based Lavalin Inc in 1972. He now sees potential growth in mass transit systems, nuclear power stations, and petrochemical
      1,281 words
    • Article, Illustration
      Rough ride on the horizon for financial sector
      667 15 CANADIAN financial institutions are bracing themselves for a bumpy ride in the *****. After a decade of bank failures, mammoth Third World loan write-downs and unprecedented corporate loan loses, the country's eight remaining banks are pulling themselves together just in time for
      667 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      40 15 OLD and IMPRESSIONIST MASTER PAINTINGS MASTERS of the School of Paris v*f s > GALERIE D'ORSAY (PARIS) EXHIBITION 18th 22nd April 1990 Le Meridien Singapore 4 days only Salons Lafite Latour 2 pm 7 pm daily (lobby level) 100 Orchard Road
      40 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Scientific debate on global warming heats up
      1021 16  -  It is a "virtual certainty" that the Earth's surface will warm substantially in the next century, says an international team of scientists. However, there are some sceptics who have raised doubts on the findings. Focus takes a look at the global warming issue
      NYT  -  1,021 words
    • Article
      Lock icon US politicians adapt to changing environment
      585 16 NYT THE ENVIRONMENT, once dismissed as a fringe cause by many politicians, has reached the forefront of American politics, with candidates for one public office after another proclaiming themselves environmentalists. Politicians who were loyal to major corporate polluters are recasting their public postures on
      NYT  -  585 words
    • Article, Illustration
      The name of the egg is profitability
      375 18  -  ADVERTISING MARKETING s Teh Hooi Ling SENG CHOON farm has hltrkftrl a great way of advartiaiag itself by printing He name on its eggs. And less Aan four months later, sales have soared 30 per cent. The company has also received eag enquiries
      375 words
    • Article, Illustration
      Made-in-S'pore ads take top prizes
      316 18  -  IE Sangeeta Mulchand THE LOCAL advert*!* inoSct uSck^titecreative fa* afcea iiiiiMn^wgspiM at the Reader's Digest PegaThe ads by Saatchi A Saatchi Advert ising and The Ball WCRS Paitaenhip beat 12,000 other entries ia the international competition, Reader's Digest advertasanK director for Singapore, Dartre Batt told
      316 words
    • Article
      Communication is key to keeping staff morale high
      125 18 TODAY'S marketplace is more cluttered and competitive than ever. With business booming and a population of only 2.6 million people, Singaporean companies are fighting for qualified staff. Companies are resorting to poaching staff from competitors with exorbitant salaries, bonuses, promotions, and shorter
      125 words
    • Article
      MARKETING MATTERS
      278 18  -  Jl Jonathan Blum Mr Blum is miwughn director, Ogihry A Maim Public Relations them, there is the added need to motivate them to excel and grow in their jobs. In order to achieve these aims, staff mast feel happy in their jobs, challenged in their work, and proud
      278 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      174 16 b -1 1 1 t £MSSm •T: r'.' 33H§k' IHH '>f 'ypfcla I >STy rw I LwjHL/\ 30 B pK I MH I r• < I I I 1 I m r ffi I I ft I At zsfl PRk. I »g |\j|i Kji |'ii| 'IN I I I I
      174 words
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      Page 16 Advertisements Column 2
      177 16 NOnCE IN THE MATTKB OP THE COMPANIES ACT, CAP. M AND IN THE MATTES OP AUBTWORTH PRODUCTS (8) PTE LID (MKMBKR-8 VOLUNTARY UQLTDATION) NOTICE OP PINAL MEETING Notice Is hereby given pursuant to Section 308< 1) of the Companies Act, Cap. 50 that a Final General Meeting of the members
      177 words
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      Page 16 Advertisements Column 3
      94 16 DG BANK-GZB (Asia) Ltd will be holding a dinner talk on: CHANGES IN EASTERN EUROPE "An Opportunity for the German Stockmarket" at: The Marco Polo Singapore 7.00 pm Dress Code: Business Attire Seating (dinner inclusive) on a limited basis, is available at SSSO per head. Please confirm your reservation with
      94 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      174 17 The Shape of New Power MJIIIJJ (RP^ 5 #j? LII I f Until now, the Mazda 626 has been the yardstick by which mid-size A test drive will prove that this is not just rhetoric. And there are other executive autos have been measured. pleasant surprises. Like its roomy cabin,
      174 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      46 18 it ■■■■■■i Wy m I I I |tjMp, H '->- 1 l|]l|f .V; %;<• SPRING/SUMMER '90 Mrf jfIBTI BOUTIQUES: SINGAPORE: Shaw Centre #01-028 Tangs Level 1. KUALA LUMPUR: Kuala Lumpur Hilton Main Lobby Arcade. Shangri-La Hotel Shopping Arcade. JAKARTA: IL Primo Plaza Indonesia Ratu Plaza Duta Merlin Melawai.
      46 words
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  • SPORTS
    • Article, Illustration
      Seeded players succumb to heat at DHL Open
      631 19  -  By A Surendren THE SEEDS fell like overripe fruit in the second round of the DHL Singapore Women's Open tennis tournament at Kallang yesterday. No fewer than four seeds took a tumble in the humid heat of the afternoon. First out was
      631 words
    • Article
      Lock icon Part-timer seeks fame in World Cup
      386 19 Reuter DEEP IN THE impoverished backwaters of English minor league soccer, a part-timer who has never played as a professional is preparing for a World Cup showdown with Diego Maradona. Charles Ntamark, midfielder, winger and occasional full-back for Southern League club Borehamwood, lives in
      Reuter  -  386 words
    • Article, Illustration
      Lock icon Foreman has no trouble knocking out Jameson
      508 19 AP FORMER heavyweight champion George Foreman pummelled the ample belly of overmatched Mike Jameson, bloodied his eye and knocked him out in the fourth round in Nevada on Tuesday night to stay on track for a title shot. Foreman, slow and plodding but
      AP  -  508 words
    • Article
      Lock icon Three more seeds toppled in first round of Philips Open
      468 19 AP THREE MORE top-seeded players fell out of the U*****,000 Philips Open tennis tournament in Nice on Tuesday, with Horst Skoff, Alberto Mancini and Yannick Noah dropping their first-round matches. Qualifier Claudia Pistolcsi of Italy upset the No 2 seed
      AP  -  468 words
    • Article
      Lock icon Kelesi battles hard to overcome Paz
      220 19 AP SIXTH-SEEDED Helen Kelesi of Canada fought past Mercedes Paz of Argentina 7-6 (7-3), 5-7, 7-6 (7-5) on Tuesday in the first round of the Eckcrd Tennis Open in Florida. And No 8 Susan Sloane rallied past Shaun Stafford 6-4, 2-6, 7-5 while No
      AP  -  220 words
    • Article
      Lock icon Botham back at his murderous best
      204 19 AFP MIKE GATTING's 16 "rebel" South African tourists and a revived lan Botham threaten to be the dominant forces of the 1990 English county cricket season. Gatting's men, banned from the international game for five years, are Test-class cricketers who now have only their
      AFP  -  204 words
    • SIDE LINES
      • Article
        Only the jockey knows for sure
        116 19 DELTA DOWNS, carved out of a swamp, is often so foggy the crowd would not know if Lady Godiva pranced by the grandstand. They certainly couldn't see how jockey Sylvester Carmouche stole the 11th race on Jan 6 if he did. The Louisiana Racing
        116 words
      • Article
        Bontempi takes first stage
        101 19 GUIDO BONTEMPI won the first stage of the Tour of Apulia cycle race on Tuesday, beating Switzerland's Thomas Wegmuller and fellow Italian Walter Magnago to the line in the final sprint. Bontempi, who recently overcame a lung illness which sidelined him for several months, stayed in
        101 words
      • Article
        Magic at work
        68 19 MAGIC JOHNSON'S running one-hander from 17 feet out with eight-tenths of a second left gave the Los Angeles Lakers a 102-101 victory on Tuesday night over the Seattle SuperSonics and clinched the home court advantage throughout the National Basketball Association playoffs. In other games, the Rockets beat
        68 words
      • Article
        Reds beat Padres
        67 19 TOM BROWNING pitched six strong innings and Barry Larkin had his seventh straight multiple-hit game as the Cincinnati Reds beat the San Diego Padres 2-1 on Tuesday to remain the baseball majors' only unbeaten team at 7-0. In other games, Pirates beat the Cardinals 7, 2; Expos
        67 words
      • Article
        Bruins advance
        95 19 SPARKED by the surprising return of Ray Bourque and the goal-tending of Andy Moog, the Boston Bruins advanced to the second round of the National Hockey League playoffs with a 3-1, seventh-game victory over the Hartford Whalers on Tuesday. Bourque, who had been expected to miss his fifth
        95 words
      • Article
        Gullit going into action
        96 19 DUTCH international Ruud Gullit, out of soccer for 10 months because of injury, was given the go-ahead on Tuesday by his Belgian surgeon to play again, said Belgian television. Gullit, sidelined by a knee injury which needed three operations, could return on Sunday for his Italian
        96 words
      • Article
        Virgo makes the cut
        94 19 FORMER snooker boss John Virgo secured his place in the game's elite for next season in Sheffield on Tuesday when he qualified for the second round of the World Championship. The one-time chairman of the World Professional Billiards and Snooker Association kept his nerve to complete
        94 words
      • Article
        Masur loses his touch
        69 19 TOP-SEEDED Australian Wally Masur bowed out of the KAL Cup Korea Open yesterday, losing to Richard Matuszewski of the US in the second round. Masur, 28th in the world, won the first set 7-6 (7-5), but dropped the other two 6-7 (5-7), 4-6 at the hard
        69 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      341 19 17 &18 May 1990 Omni Marco Polo hotel A top-level IVi day industry event addressing critical issues and developments in the marketing of products and services. A conference of immediate relevance for all in Comprehensive range of discussion topics: the booming hotel, travel and tourism sectors. MAXIMISING IMPACT EOR AN
      341 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      237 20 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by wwd-of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. *****100r 338 8585ext *****/6. RUM GRILL th'W""
      237 words
    • Advertisement
      Page 20 Advertisements Column 2
      327 20 M\AnREeENCY©SW<WORE CAREERWOMEN OF THE 1990s by RENE SALUD 23 to 25 April, 27 28 April 1990 (5 days) Crystal Ballroom $35 nett per person 12.00 NOON to 2.00 PM inclusive of a local buffet menu and fashion show Outstanding models and beaufy queens from Ihe Phippnes and Imp International Bepaot
      327 words
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      Page 20 Advertisements Column 3
      258 20 H Fir»t drink charge: Sun to Thurs $12++ Fri, Sat and Eve of Public Holiday $15++ fJC) j Happy Hours 6 Bpm: First drink charge inclusive of 2 drinks J9Br?rr— i 1 I I I I AT il I Together, they will I H entertain you with a wide repertoire
      258 words
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      Page 20 Advertisements Column 4
      263 20 PROVINCIAL BUFFET JflQ 35 culinary gems, uncovered from six major provinces of China. Authentic treasures from Jiangw, Beijing, Yunnan, Sichuan, Guangdong and Shanghai In a sumptuous buffet lunch Only at die Pine Court Adafe $26+ CUM hdam 10: $14+ k From April 1 30, noon to 2.30pm. ffi mo. lia>»i
      263 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      624 20 TELEVISION AND RADIO ft con 930 Thursday Feature Special 4.35 Arab* Drama. ON RADIO W QPV<* Nitti the Enforcer (See Our 5.25 Cookery Programme. lapone s crony -asssrsr nuclear Dower station is re- K 7.00 Cams News Network. c K S v ealed on television for the «quad u rC
      624 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon At last, the fountain of youth?
      1308 21  -  Animal studies link a low caloric intake to a long, healthy life. Natalie Angier wonders if it might work for human beings too Natalie Angier NYT A FLIMFLAM ad writer could not have invented more outrageous claims. Here is a diet that extends lifespan
      NYT  -  1,308 words
    • Article
      Lock icon Plastic accorded due respect in London museum
      535 21 Reuter PLASTIC, the miracle material hailed by scientists and industrialists as one of the most important inventions since the wheel, has been plucked from the dustbin and become a museum piece. Plastic had failed to catch the eye ot the world's major museums
      Reuter  -  535 words
    • Article
      Mandela overwhelmed by warm reception
      264 21 CHATTER BOX SOUTH AFRICAN nationalist leader Nelson Mandela said he was completely overwhelmed by the emotion at the rock concert held in his honour in London's Wembley stadium on Monday night. "It was so moving I had no idea what to say," he told reporters
      264 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      197 21 AND ENTERTAIN Add A Little Spice To Your Secs Life. It's Secretaries' Week, April 23 to 28. So why not spice up your secretary's life with a visit to any one of our restaurants at Century Park Sheraton Singapore. A© Cmturv Park Sheraton Singapore* 16 NASSIM HILL, SINGAPORE 1025. TEL:
      197 words
    • Advertisement
      Page 21 Advertisements Column 2
      419 21 The art of doing business. Fourchettes Business Lunch. > -T At Fourchettes 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 Carveiy. Accompanied by the most exquisite Desserts, Teas and Coffees.
      419 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Afternoon trading gets boost from Tokyo surge
      4474 22  -  By Lim Mui Khi TOKYO'S higher finish yesterday gave prices on the local stock market a little boost although for the most part of the day, the market moved sideways. A lack of investor interest again accounted for the low turnover, volume traded
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4080 23 Main Board SIA Foreign 2000 50 2.6% Semb Shipyard 720 +25 +3.6% S Land Wrts 750 +15 +2.0% Acma 220 +15 +7.3% Times Pub 424 +12 +2.9% Spore Land 1500 +10 +0.7% SIA 1370 +10 +0.7% Prima 600 +10 +1.7% ICS 550 +10 +1.9% S
    4,080 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      107 24 'Cmmmv Date Year Crwif N«t IM Mratags %nm MR to prritt/lMS (L) par slur* dhrMand ('OM) (eaato) UPf> Ape 17 Dec 89 $2,673 ($3,465) 28(3.6) 4(-) Mvutchi Apr 16 ian 90 M$13,157(M$11.576) 12(-) MS Ape 12 Dec 89 $250,338 ($200.168) 58 1(47 8) 16(16) MBS Apr 11 Dec
      107 words
    • Article
      PRELIMINARY RESULTS
      232 24 C—M»y D«t« Ymt Gro«p pr«-tox N«t Minings Gmi mr to profit/loss (L) p*r tlurt dividend (*000) (cMts) Mntpiu mtl Aoc 10 Dec 89 MJ20.616L (S3.I65L) Tat Lee Bank Apr 7 Oec 89 J22.579c($14.675c) 144(86a) 8(65a) Juror* Eng Apr 6 Dec 89 $2.7201 (15,049) —(15.1) 7.5(15) MBS Apr 5
      232 words
    • Article
      INTERIM RESULTS
      58 24 f Ciwmt Oat" IUIf-y*»r Grwp pre tax latortai ann to pr*nV\™ (L) dhrkto* 1 ('M0> irsan Oxy Apr 12 Mar 90 M$19,612(M$13,783) TV3 Apr 5 Feb 90 M$16,467(I«J13.742) 8(8) Faber Merlin Mar 31 Dec 89 MJ7,055l($22,316l) YTlCorpn Mar 31 Dec 89 MJ8.581 (15.247) Erntei Mar 30 Dec 89
      58 words
    • Article
      DIVIDENDS ANNOUNCED
      1299 24 Carrwt Ex Baafca Data Tataitar Tatal tor npul <i«*« ctoM payahla tfca jpmt last yaar Amtak E«| 6%TE(I) Apr 11 Apr 17 Apr 28 6%Tl 6%TI A*. 15%TE Fib 28 Mar 12 May 15 25%TE 25%T1 BAT 90.9%(n) Apr 6 Apr 19 May 3 122 71(n) 721 Bnafead
      1,299 words
    • Article
      RESULTS DUE
      678 24 TtaQiiri Stocks Last Frf Yaar Caapaqr PmM Ml T«r M EPS fern M M ytv (TM) 8MT Wenm tan 27 Jun 90 169 6 1000 SI« Ma Faal Fab 28 Nn 89 391 10.0 11.728 fee* Ml FmI Mar 27 tec 89 3,4711 Laant HuX Harm Mv 30
      678 words
    • Article
      PROPOSED ISSUES
      325 24 Company H|Mt Issue Caaeavay In Captt reduction scheme to reduce par value of dotes from $1 00 to ]0 SO; R*fc issue of 12 SO 60 per Aire FMB Owe-tor-owe MS0.50 par share. Fabar IM One-tor-one IQO 25 pv share, Htowed by a share r«ap of five Fabar
      325 words
    • Article
      CORPORATE DEVELOPMENTS
      282 24 Ifri 17 6.K Mi IMdhfS is offering 50 million new shares at $1 each by the end of April or early May prior to its listing on the SES. Dm Elders Group of Australa has proposed to sell its Singapore based Elders PICA (Pte) Ltd and other financial
      282 words
    • Article
      APPROVED ISSUES
      323 24 Company W|M« lime April Ow-tor one $1 85 par tot Ei4ate Apr 23 Books Ctac May 7 tagw t fglt WYA MM Ow tor tour MS2 40 par shaft Estate Mar 8 Books dost Mar 22 Acceptance i Paywant May 10 Um Hm C*M Restructure! Scheme (CHS) moMni
      323 words
    • Article
      BONDS, LOANS & WARRANTS
      592 24 BONDS, LOANS WARRANTS Cgpg Cutoprti Can walaa lata hrwi^iw C T Laa Caany II 2/10/B to 20/10/94 1 wrst ftoi $1 ca* or 1 warn* ptos >1 nommat wort at low stock. 0— Hp Itotot Omm Mrdi 17 to 31/12/91 155 wnH *j» $1.55 ca* (ta Hp MM 1/1/19 to
      592 words
    • Article
      RECORD HIGHS & LOWS
      134 24 RECORD HIGHS LOWS BT Compottte Index ST Imtotrials hKtox 1M Nfk *****2 (6/2/90) J®" 19* Inr 1290 94 (9/4/90) *****3 (21/1/90) 1909 M(tc iS (28/ 2 89 15 *****6 <* /l2/M) 1*9 Zr ***** (4/189 1»1030.® (4/l/») 19tt N* *****8 8/8/88 1» 1177 87 < 8 W»> 19ttZr ***** 4/1/5
      134 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      313 24 NOTICES VwNOL NEPTUNE ORIENT UNES UO Neptune ORIENT LINES LIMITED U5520,000,000 Floating Rate Notes Due 1992 In accordance with the provision of the Notes, notice is hereby given that for the six months period from 19 April 1990 to 19 October 1990, the Notes will carry a rate of interest
      313 words
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      Page 24 Advertisements Column 2
      335 24 IN TOE MATTES OF TOE COMPANIES ACT CAP R AND IN TOE MATTES OP KEW CHTE REALTY PTE LTD NOTICE OP SPECIAL RESOLUTION FOB MEMBERS' VOLUNTASY WINDING-UP (Pinuat to Seettsa Ml) At an extraordinary general meeting of the members of the abovenamed Company, duly convened and held at 1 Kakl
      335 words
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      Page 24 Advertisements Column 3
      313 24 IN TOE MATHS OF THE COMPANIES ACT, CAP. M AND IN THE MATTES OP BHIN DAI-ICHI TOl'R BEB VICES (8) PTE LTD NOTICE OP SPECIAL RESOLUTIONS FOB MEMBERS' VOLUNTABY WINDING-UP At an Extraordinary General Meeting of SHIN DAI-ICHI TOUR SERVICES (8) PTE LTD duly convened and held at 122 Middle
      313 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares forfeit early gains to close easier
      3679 25 Bernama. MBT, Reuter DESPITE a firmer trend on the Tokyo bourse, stock prices closed lower across the board after failing to hold on to early gains owing to a lack of follow-through support and stop-loss selling, brokers said. The Kuala Lumpur Stock Exchange
      Bernama.; MBT,; Reuter  -  3,679 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      363 25 NOTICES HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the seventeenth Annual General Meeting of the Company will be hekJ at 65 Chulia Street #19-00, Conference Room, OCBC Centre, Singapore 0104 on Friday, 11 May 1990 at 12.00 noon for the
      363 words
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      Page 25 Advertisements Column 2
      296 25 IN THE MATTER OF THE COMPANIES ACT, CAP 50 ANO IN THE MATTER OF FANTASIA ENTERTAINMENT PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary Ganaral Meeting ot Fantasia Entertainment Pie Lid duly convened and held at t Orange Road #06-00, Singapore 0923 on 16 April 1990, the
      296 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Buying of blue chips gives market a fillip
      2296 26 Reuter A BLUE-CHIP buying binge by a major Japanese brokerage and some buy programs hoisted share prices broadly higher at the close yesterday. Investors took heart in the dollar's inability to maintain its grasp on 160 yen. Trade was thin, however, with
      Reuter  -  2,296 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon UK institutional buying sweeps shares higher
      2517 26 Reuter HONGKONG stocks surged in afternoon trading yesterday as a wave of UK institutional buying swept the market's main stocks gauge to end at a post-June 4 high for the second straight day. The Hang Seng Index closed 31.91 points higher at 3,052.35. Turnover
      Reuter  -  2,517 words
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  • REGIONAL STOCK MARKETS
    • Most regional markets close lower
      • Article
        SYDNEY
        1198 27 THE AUSTRALIAN sharemarket drifted higher in afternoon trading yesterday, breaking through the important 1,500 mark, dealers said. Volumes were boosted by the exercise of options. The All Ordinaries Index finished 1.2 points up at 1,501.2, pushed up by gains in leading industrials. 'The market basically held steady on the
        1,198 words
      • Article
        BANGKOK
        597 27 THAI STOCKS yesterday slipped lower on profit-taking on new listings in the hotel sector as investors trimmed their portfolios in the absence of fresh buying incentives, brokers said. The official SET Index fell 8.07 points to close at 835.90. Turnover stood at 13.77 million shares valued at 1.9 billion
        597 words
      • Article
        SEOUL
        806 27 SEOUL stock prices closed sharply lower yesterday with investors dumping shares in the final hour of nervous trading on the first indication of a decline in the composite index, brokers said. "The market is susceptible to virtually everything," one broker said. "We saw some profit-taking in the afternoon and
        806 words
      • Article
        MANILA
        542 27 THE LISTING of a newspaper stock on Manila's twin exchanges yesterday failed to lift share prices, which have remained weak because of the absence of fresh incentives. The Manila Bulletin Publishing Corp listed 150.21 million shares on the stock market, the first Philippine newspaper to offer shares to the
        542 words
      • Article
        JAKARTA
        403 27 BEARISH sentiment sent Jakarta stock prices down yesterday, and brokers said selling interest has increased as individual investors need cash ahead of the Moslem Eid-al-Fitr holiday. The Composite Index fell 1.34 points to 640.53, but turnover rose to 2.30 million shares from Thursday's 2.29 million. The Jardine Fleming Nusantara
        403 words
      • Article
        TAIPEI
        370 27 THE TAIWAN stock index, hit by flagging investor confidence and weakness in the key financial sector, dropped to close below 9,000 for the first time since Dec 23. The index plummeted 297.21 points, or 3.1 per cent, to end at 8,994.40 compared with Tuesday's 9,291.61 close. Turnover was NTJ79.9
        370 words
      • Article
        Untitled
        271 27 Wellington NZCeats VolfOO) Air NZ 178 +1 26 ANZ Banking 662 2 189 Anzon 8 unch 260 Bank Of NZ 92 unch 370 Baycorp Hold 10 unch 1086 Brierly Inv 159 1 ***** Capital Mkts 105 5 214 Carter Holt 266 3 367 CarterOpts 50 +1 90 Cavalier Corp 160
        271 words
      • Article
        Untitled
        90 27 Clotc Previous 47Ayr 18 Apr 17 SYDMEY All Ordinaries Index 1,501.2 1,300.0 +1.2 All Industrials Index 2,328.9 2,324.0 +4.9 All Resources Index 868.6 869.9 -1.3 Turnover (million) 65.89 55.90 +9.99 BAHCKOtt SET Index 835.90 843.97 -8.07 Turnover (nearest *000) 13,770 13,671 +99 JAKARTA Composite Index 640.53 641.87 -1.34 Turnover (nearest
        90 words
      • Article
        Untitled
        395 27 la local cnrrency la S$ la USS day year day year day year 17 lade* change change change change change change World 412.1 +0.8 -11.4 +0.6 -15.5 +0.5 -14.5 |EAFE 573.4 +1.2 -15.8 +1.2 -21.0 +1.1 -20.1 Europe 439.7 +0.5 -2.4 +0.5 -2.0 +0.5 -0.8 Pacific 951.3 +0.4 -24.9 -0.2
        395 words
  • Page 27 Advertisements
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  • WORLD STOCK MARKETS
    • Late rally helps Wall Street erase losses
      • Article, Illustration
        NEW YORK
        1264 28 FINAL-HOUR buying that included some program activity helped US blue chips break onto positive ground on Tuesday. Most other shares, however, were left behind. Despite the late recovery, the stock market was never able to completely shake off renewed inflation worries that knocked bond prices sharply lower. Disappointing
        1,264 words
      • Article, Illustration
        LONDON
        897 28 LONDON share prices were higher in light trading at midday yesterday as investors waited for the release of US merchandise trade figures later in the day. Dealers said prices were boosted by a rally in the stock index futures market at mid-morning. But trading was dull because of the
        897 words
      • Article
        AMSTERDAM
        334 28 DUTCH share prices recovered from a mild mid-moming slump triggered by a 25-point drop in Frankfurt's DAX Index, dealers said. Volume was thin. Dutch sentiment was helped by foreign demand and some short-covering ahead of Friday's options expiration date. The CBS All-Share Index was 0.9 point up at 120.0.
        334 words
      • Article
        Untitled
        196 28 Brussels Apr 17 Francs FORWARD MARKET Acec 4820 +10 Arbed 5420 +60 Astur 1515 -5 Brascan 716 -10 Canpac 690 -8 Cock 205 -1 De Beers 750 -6 Ebes 4295 -5 Gb-Inno-Bm 1330 -2 Gevaert 8430 +20 Gr Bru Lamb 4000 unch Hobok Petro Ryl Dutch Sidro Soc Gen Belg
        196 words
      • Article
        PARIS
        174 28 FRENCH share prices gave back some of the sharp gains chalked up recently as investors took profits in early trading yesterday ahead of the end of the monthly account. A disappointing 11 per cent drop in profits announced late on Tuesday by Thomson-CSF weighed on the broader market, which
        174 words
      • Article
        MILAN
        172 28 MILAN share prices started stable yesterday in lively trading, and some operators took profits following the sharp gains in the last two sessions, brokers said. "The underlying tone remains positive," one operator commented. "A slight correction was expected after the recent rises." The MIB Index at 0930 GMT was
        172 words
      • Article
        ZURICH
        271 28 SWISS shares yesterday opened easier in cautious trading, with high Eurofranc rates continuing to weigh on the market, dealers said. The SMI Index of leading shares eased two points to 1,632.1 after about 10 minutes of trading. Dealers expected trading to be subdued and without direction. The Lombard rate
        271 words
      • Article
        JOHANNESBURG
        364 28 THE JOHANNESBURG stock market was barely changed in continued sluggish trading at noon yesterday as many investors remained sidelined amid the persistent political uncertainties in South Africa, dealers said. President FW De Klerk's speech to parliament on Tuesday, in which he rejected black majority rule in favour of power-sharing,
        364 words
      • Article
        TORONTO
        190 28 A DIVIDEND CUT by Canadian Pacific Forest Products depressed Toronto stocks on Tuesday, already weakened by US economic data. "The economic figures this morning were more inflationary than people figured," said Sonny Lennon of Wood Gundy Inc. The Composite Index dropped 38.4 to 3,510.9 on volume of 10.74 million
        190 words
      • Article
        Untitled
        91 28 Apr 17 Cloac PTOTIows NEW YORK Dow Jones 2.765.77 2.763.06 +2.71 NYSE Financial 141.78 141.34 >-0.24 SAP 500 344.68 344 74 -0 06 Turnover (million) 127.0 144.0 -17 LONDON Financial Times 30 1,736.3 1,741.0 -4.7 FTSE 100 2,214.5 2,222.1 -7.6 Turnover (million) 254.0 324.5 -70.5 AMSTERDAM CBS General 197.60 196
        91 words
  • Page 28 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Narrow trade deficit talk helps US$ breach 160-yen level
      1273 29 FOREX MARKET REPORTS THE US dollar crossed the 160-yen level yesterday on talk the February US trade deficit may have narrowed significantly. The trade data was scheduled to be released at 1230 GMT yesterday. The greenback hit the day's high of
      1,273 words
    • Article
      INTERBANK FOREX RATES
      393 29 Cross rates Apr 18 I USS SS M$ Dm Yen SFr AS NZS USS 1.8775 2.7315 1.6790 160.10 0.6111 1.4910 1.3072 1.7286 SS 0.5326 1.4549 ***** 0.8527 0.3255 0.7941 0.6962 0.9207 MS 0.3661 68.74 0.6147 0.5861 0.2237 0.5459 0.4786 0.6328 Dm 0.5956 1.1182 1.6269 95.35 0.3639 0.8880
      393 words
    • Article
      MONEY MARKET
      572 29 Interbank rates S$ Bid offer Overnight 5 3/4 5 7/8 I -month 6 3/8 6 1/2 2-month 6 1/2 6 5/8 3-month 6 9/16 6 11/16 Overnight mode: 5-7/8 LSS Bid Offer 7 days 8 5/16 8 7/16 1 month 8 5/16 8 7/16 2 months 8 3/8
      572 words
    • Article
      Lock icon Rise in consumer prices rocks bond market
      1913 29 NYT THE US bond market was rocked on Tuesday by the government's report that consumer prices climbed onehalf of one per cent in March to bring the annual inflation rate for the first three months of 1990 to 8.5 per cent. Prices of
      NYT  -  1,913 words
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  • COMMODITIES
    • Article
      Lock icon UAE, Kuwait pledge to check rampant oil output
      377 30 Reuter THE United Arab Emirates and Kuwait have privately pledged to cut their rampant oil output in a bid to arrest a slump in world oil prices. Gulf oil industry officials said on Tuesday. US futures prices sharply dropped 41 cents to
      Reuter  -  377 words
    • Article
      Lock icon Inra members can seek IMF loans
      211 30 Reuter PRODUCER members of the International Natural Rubber Agreement can now get loans from the IMF to help them pay their share of financing the pact's buffer stock activities. The International Monetary Fund said such loans are available from its Buffer Stock Financing Facility
      Reuter  -  211 words
    • Article
      Lock icon Indon farm loans reach US$1.4b
      101 30 Bernama CUMULATIVE foreign loan commitments for the development of agricultural projects in Indonesia have reached about US$l.4 billion, agriculture minister Wardoyo said. But, so far, only about US$75O million of the aid, provided by financial institutions such as the World Bank and the ADB, have
      Bernama  -  101 words
    • Article
      Tin price rises 12 sen on overseas support
      830 30 REPORTS THE price of tin on the Kuala Lumpur Tin Market (KLTM) closed 12 sen higher yesterday at M 517.37 per kg on strong overseas buying support. Dealers attributed the uptrend to the return to the market of major consumers after the
      830 words
  • Article
    PRICES
    1409 30 Rubber Apr is I S cents/kg Noon Close Int I RSS Prompt 153.50/154 50N 153 0****** Inl I RSS May 90 156 50/157 00 156 00/156 50 Int I RSS June 158.50/159 00 158 00/158 50 Int 2 RSS OP 151.75/153.75N 151 2VI53.25N Int 3 RSS OP 146 2VI48.25N
    1,409 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      710 30 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF GUIDES SERVICES PTE LTD (Incorporated in the Republic of Singapore) (In Liquidation) Members' Voluntary Winding-Up NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company which is being wound up voluntarily, are required on
      710 words
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      Page 30 Advertisements Column 2
      785 30 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTES OP TECK BEE TRADING PTE LTD (INCORPORATED IN THE REPUBLIC OP SINGAPORE) NOTICE OP RESOLUTION PURSUANT TO SECTION mt) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at No. 1 Sophia Road
      785 words
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      Page 30 Advertisements Column 3
      15 30 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      975 31 City Flight ETA Flight ETD City Flight ETA Right ETD Abu DhaW GA887 GA975 KL839 1225 1300 1415 KL840 GA894 2115 2350 Kuala Lumpur MH621 MH640 MH630 0045 0810 0930 SQ102 MH604 SQ104 0730 0700 0830 Adelaide SQ228 QF81 2015 2045 UF82 2200 SQ103 MH605 SQ105
      975 words
    • Article, Illustration
      Off-beat and gently non-conformist
      431 31  -  POSTCARD FROM VANCOUVER By Alan Lee Vancouver, capital city of the state of British Columbia, is a gem among cities in Canada. It is small, which means you can walk across the central business district in about 10 to 15 minutes. To be sure, Vancouver has
      431 words
    • Article
      MONEY CHANGER RATES
      154 31 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency C urrencies Bid Offer Australian dollar 1.4300 1.4500 Canadian dollar 1.5970 1.6170 N7. dollar 1.0700 1.1100 Sterling pound 3.0540 3.0740 US dollar 1.8750 1 8850 Ixx-al dollars to 100 units of foreign currency Austrian schilling
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      119 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Apr 5-23 International Buenos Fundacion (54)1/*****6$ Apr 24-28 Exhibition of the Belgium Foire Internati(32)2/*****77 Buenos Aires Aires El Libro Applications onale De Exhibition of Synthetic Bruxelles (38)41/51 '666 Materials A.S.B.L Apr 17-22 International Zagreb. Zagrebacki Composites Days
      119 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      62 31 Tk "T The buiineu person* choke every Tuesday, B I m I Thursday, Saturday and Sunday. Leaving Changi I I II I I Airport it 21:55 noun and arriving at Logan 1 9 M J I MI %l International Airport the following day. Call your travel agent or Air (Canada
      62 words
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      Page 31 Advertisements Column 2
      202 31 Banking, Finance 8c Insurance Supplement 1990 Banking, Finance and Insurance Supplement, Business Times's biggest and most established annual supplement, is here again. The theme of this year's bumper issue, scheduled to be published on May 24, 1990, is Financial Sector Leading Singapore into the 90s. The financial services industry was
      202 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      237 31 I Bird conspicuous on llklcy 4 Frustrate everybody at Ar- pJV—H 8 Run from a sweep (5) —-T|^[■H 9 Coach refreshment stop HH IH 11 The old record for a quick Focal point of big mug 13 Open tart left in cooler (4) 16 Negligible being developed? (13) 19 Fat
      237 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      215 31 Singapore OUTLOOK: Fair Report for 24 hours prior to 7.30pm on Apr 18 at the airport: Max temp 33.2 Assoc humidity 60 Min temp 23.8 Assoc humidity— 91 Hrs of sunshine. 9.00 Rainfall in mm 1.8 Rainfall this mth 44.0 Rainy days this mth 7 Forecast for the rest of
      215 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      37 31 Hou)D£uNk\ HIS C*PT£P{ PROP Hiprj „VIS He JL St* y ftRCK UP RGRINST (SECURITY) =T] 7 OR rne cor^e v y JvpouNHegr AT once. ITS CftRTeR si?— ~/> 1 tow7> V== J C EVEWXO STANDARD CO. LTD.. IMMWI
      37 words
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  • Article
    Security issues dominate Goh's talks with Quayle
    478 32  -  From Anna Teo in WASHINGTON REGIONAL SECURITY issues dominated the warm and friendly exchange of views between First Deputy Prime Minister Goh Chok Tong and US Vice-President Dan Quayle when they met on Tuesday. The two leaders, who last met during Mr Quayle's
    478 words
  • Article
    Hitachi to direct regional expansion from S'pore OHQ
    473 32  -  From Loh Hui Yin in TOKYO USING SINGAPORE as its operational headquarters for Asia, the Hitachi group is set to embark on the next phase of its expansion in the region. The award of operational headquarters (OHQ) status to Hitachi, which has
    473 words
  • Article
    Canon may set up $10m plant
    276 32 CANON, the well-known manufacturer of office equipment, is considering a tool and die mould factory in Singapore, disclosed its managing director, Tsuneo Enone. Mr Enone, who was one of the guests at a dinner hosted by the Singapore Embassy last night, said the pro-
    276 words
  • Article
    Lock icon Economists expect Malaysian interest rates to rise
    295 32 Reuter MALAYSIA'S low interest rates, a key to the country's buoyant economy, are set to rise in order to help curb inflation pressures and stem capital outflow, say economists in Kuala Lumpur. But any official increase would be marginal if general elections were
    Reuter  -  295 words
  • Article, Illustration
    No excuse for complacency
    824 32  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is a Nobel Prize-winning economist at the Massachusetts Institute of Technology Those who believed that American expansions rarely last more than the biblical seven years expected 1990 to be the year of recession. Now it looks as
    824 words
  • Article
    Lock icon US call sways environmental talks
    205 32 AP IN SPITE OF complaints that more action should be taken, delegates have suggested that an international conference on the greenhouse effect is likely to go along with a US call for broader research into global warming and its economic impact. At the conference in
    AP  -  205 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      87 32 (sAceWT) (minine l eather Colleetion !> '*^*$^^H^^^K«l(<#")'7lJ V *r -'Hv -'->. v r cS H "#3^."" !i\ Ji •lip Jh aD CEfIRUTI 1881 SPORT TENNIS BEACH-WEAR (XXF by NiNo Qrruii Men's Sportswear: *01-15 Tin* CVvh.irJ R«mJ Tel 2 ISMftSS *02-54/60 Wishm Alvi.t. Orch.ird Ri«.kJ Tel WW>O «0I 45 h»niin Omllcmj,
      87 words
    • Advertisement
      Page 32 Advertisements Column 2
      107 32 SACChi-J (ii nnine I catlu r Olli clion Focus, Pg 16 Freehold office Development near MRT I I Station with approval for total lettable area of I I 49,000 sf. Site Area Approx 16,000 sf. I I Freehold 4-storey retail cum residential I I development at East Coast area. Site
      107 words
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  • Shipping Times
    • Article
      Oiltanking to invest $50m in Phase II of Seraya project
      363 33  -  By Lilian Ang HIGH utilisation rates and the tight supply of tank storage space has prompted Oiltanking Singapore to go ahead with the second phase of its tank storage project now under construction on Pulau Seraya. Phase II will involve
      363 words
    • Article, Illustration
      Saudis reject scabby-mouthed Australian sheep
      145 33 SAUDI ARABIA has rejected two shipments of Australian sheep, jeopardising the countries' annual US$l25 million live-sheep trade for the second time in a year. Australian Meat and Livestock Corporation spokesman David Coombes said on Wednesday that the two shiploads, totalling 48,000 sheep, were rejected on
      145 words
    • Article
      Intermodal transportation stabilising air cargo rates
      348 33  -  By Sangeeta Mulchand THE COMBINED use of sea and air cargo transportation on a single journey has helped to stabilise air cargo rates, industry observers say. Cargo coming in by sea forms a base load for air cargo carriers, and provides assured capacity for
      348 words
    • Article
      Bangkok and port unions set on collision course
      489 33 THE THAI government and the country's six port labour unions are set on a collision course over the new port at Laem Chabang. After the unions refused to negotiate on Monday, for want of more representatives at the meeting, the government decided
      489 words
    • Article
      Another shipping link between Vietnam and S'pore
      269 33  -  By Jean Foong GEMARTRANS (Asia) Company of Hongkong, a tie up between French carrier Compagnie Generale Maritime (CGM) and Vitranschart of Vietnam, will start a direct shipping link between Vietnam/Taiwan and Singapore on April 25. This service, which offers a 15-day sailing frequency,
      269 words
    • Article
      Air Hongkong to start extra KL-HK flight
      452 33  -  By Othman Abu Bakar AIR HONGKONG, said to be majority-owned by Hongkong's casino king Stanley Ho, will introduce an additional scheduled charter flight from Kuala Lumpur to Hongkong. The Hongkong-based airfreight company, represented in Malaysia by Mackt airfreight, currently operates two weekly flights
      452 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Air-sea link from Chiang Mai to Japan
        104 34 C ITOH CO has, in cooperation with Kawasaki Kiscn Kaisha, developed an integrated air-sea link from the inland Thai city of Chiang Mai to Japan. This is to import frozen vegetables such as green soybeans and kidney beans, are carried in refrigerator cars
        104 words
      • Article
        Shell buys Onassis tankers
        67 34 THE ROYAL DUTCH/SHELL group has bought four tankers from the trustees of the estate of the late Christina Onassis and the Onassis group of companies. A statement named the vessels as the Olympic Banner, of 268,889 tonnes dw and built in 1972, the Olympic Brilliance (269,070
        67 words
      • Article
        Blast test at Laem Chabang
        80 34 THE PORT AUTHORITY of Thailand is to conduct an underwater explosives test at Laem Chabang deep-sea port before deciding whether to blast out an outcrop of hardrock out-crop, which is hindering construction at the new port. It is now comparing the blasting option as against
        80 words
      • Article
        Cockpit crews call off strike
        71 34 COCKPIT STAFF UNIONS of Japan Airlines and All Nippon Airways called off their planned 24-hour strike yesterday after agreement was reached in negotiations late on Tuesday, union leaders said. JAL's 1,220-member Cockpit Crew Union, however, said it would continue negotiations with the management to drop
        71 words
      • Article
        Qantas, Air NZ deny sale
        95 34 AIR NEW ZEALAND LTD and Qantas Airways Ltd denied a news report that Qantas might sell its 19.9 per cent stake in New Zealand's recently privatised national carrier to British Airways pic. The National Business Review quoted Japan Air Lines Co Ltd, which holds about
        95 words
      • Article
        Rise in LEP profits likely
        65 34 FREIGHT FORWARDING firm LEP Group Pic is expected to show a sharp gain in full year pre-tax profits today. Forecasts centre on £30 million after £18.5 million last time. "1989 will be the first year LEP will see the benefit of centralising management systems on
        65 words
    • Article, Illustration
      Nhava Sheva: India's maritime jewel
      1118 34  -  The chairperson of Nhava Sheva Port, Anna Malhotra, spoke exclusively to Julie Chatterjee of Shipping Times in Bombay Julie Chatterjee WITH THE inauguration of the SSBSO million hightech port of Nhava Sheva in May 1989, India has gatecrashed into the league of maritime bigwigs. Anna
      1,118 words
    • Article
      COCKETT BUNKER MARKET REPORT
      803 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows pnee 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
      803 words
    • Article
      THE SHIPPING GUIDE
      11919 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
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    • Article
      SHIPPING AGENTS
      3325 47 A.BC Coataiaeriiae NV: KYC Line (Syßenown Shpg (PK/PN). Accord Shpg: Accord Shpg Re Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg
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    • Article
      COURIER SERVICES
      216 47 Abacus ourKTi Tel: 545-8011, 448-6415. Air Express Service Td: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80 C'ity-IJak International Td: 344-3377. Fax: *****50. Cluster link Supplies A Services Td: 296-5720. Dill. International Td: 344-8955, 344-8933. Fax: *****61. DPI: Courier Td: 284-6611 <7 lines). Fax: *****88.
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    • Article
      AIR FORWARDERS
      1449 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink K G Freight International Td: 545-5992. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air
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    • Article
      PORT CONDITIONS
      2310 48 ANGOLA Luanda: Nine vessels berthed of which 5 general, 2 reefer, I Ro/Ro, I bulk vessel; no vessels anchored; 11 vessels due by April 20. Soya No vessels berthed; I general cargo vessel anchored; 3 vessels due by April 20. ARGENTINA Labour working normally. Buenos Aires: No congestion;
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    • Article
      AIR FREIGHT SCHEDULE
      493 48 ARRIVALS DEPARTURES Op Flfeht Type ETA Krotn Op Flfeht Type ETD To TODAY TODAY KAL KE697 B747F OISS SEL KAL KE697 B747F 0440 BKK DLH LH/SQ4502 DCIOF I82S FRA/DXB SIA SQ/BA822 B747F 0700 DXB/LHR NCA KZ203 B747F 1935 NRT SIA SQ/LH826 DCIOF 2025 DXB/FRA KAL KE685 A30F
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    • Article
      SHIP SALES & TANKER RATES
      444 48 SHIP SALES TANKER RATES VESSELS ON OFFER Tankers Golar klementine and GoUr Cordelia: Both 304,622 dwt and built 1989, for sale for more than USs9om each. Dido: 81,279 dwt and built 1983, on offer for around USs33m. Bulk Carrier Arrow Pennant: 72,781 dwt and built 1977, for sale at about
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        636 49 Vessel Vo 1 Wb Berth fcwal Departurt KtpfMi Wharves Astro Gold 4 K34 alongside 21.04/ 0700 Biskra 190 K17 alongside 1904/ 1500 Eastern O 11E/90 K18 alongside 1904/ 0900 Huanghuaquan 2 K31 alongside 20 04/ 1500 I Yermostikm 05/90W K15 alongside 17 05/ 2300 Shaplaeveret 2W K30
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      • Article
        CONTAINER SCHEDULE
        1815 49 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Transtaner Schedules SWp Voy No Arr Date fine From To Boofciic Gate Bfc Op Gfo Aeostin Neto 0&90E 21 04 90 0900 19/1015 19/1114 Portnet 2 Q6 00 F01 20/0400 20/0429 NA 2 Aka Bhum 16S 20 04 90 1500
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      • Article
        IN MALAYSIAN PORTS
        282 49 Port Ktaag South Port Petro Vantage berth 1; Lika 1 berth 2; Pacific Samudra berth 3; Seng Soon Chew berth 4; Swee Ann Satu berth 4; Thai Yang berth 7A; Mutia Jayu KCT: No 9 Donam berth 8; Bunga Getong berth 9: Eagle Dawn berth 9; Sea
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      • Article
        DAILY FREIGHTS
        919 49 GRAIN rates in the Pacific continued their downward trend on the dry cargo freight market on Tuesday. A 52,000 long ton cargo was booked from the US North Pacific range to Japan at US$l3.lO. while a second load was fixed at U5513.15. The rate for the run in
        919 words
    • Article
      Lock icon Thailand plans US$5b upgrade on its telecom
      557 50 Communications Week International THE TELEPHONE Organisation of Thailand (TOT) is considering proposals for a US$5 billion, three millionline upgrade of its national telecommunications network. TOT, which has received equipment supply bids from five foreign consortia, has proposed that the five-year project be financed
      Communications Week International  -  557 words
    • Article
      Lock icon Agency seeks 1.5b crowns from bank
      168 50 Reuter NORWAY'S state-owned Guarantee Institute for Ship and Drilling Vessels is seeking about 1.5 billion crowns from Hambros Bank Ltd in connection with an inquiry into the fortune of a late Norwegian shipping magnate. Hambros Bank, a subsidiary of Hambros, participated in guarantees and
      Reuter  -  168 words
    • Article
      China-Thai Intl to change name
      164 50 THE LICENSED operator of Thailand's Songkhla and Phuket deep-sea ports, China-Thai International Line, will change its name to Chaophaya Terminal International Co. This follows the Pattara Group, buying 40 per cent of the company's shares recently to raise its stake to 50 per cent. Company
      164 words
    • Article
      Lock icon India tries to clear backlog of textiles at airport
      282 50 Journal of Commerce INDIA'S Textiles Minister, Mr Shard Yadav, is trying to arrange more cargo flights to clear a backlog of garments to be exported, official sources said recently. More than 2,000 tonnes of garments have piled up at Delhi Airport,
      Journal of Commerce  -  282 words
    • Article, Illustration
      Four UK ports enjoy record business
      410 50 FOUR British ports have reported record business in 1989, together handling a total of nearly 20 million tonnes of cargo and IS million passengers. Two of the records were set in Scotland where cargo through Aberdeen topped three million tonnes while Dundee Port Authority
      410 words
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      274 33 A livrlr 94BSSSS way with IDIOMS words Amltbh at good bookahopa F*d*r«l Publication® Air Forwarders 15 Air Freight Schedule 16 Cockett Bunker Report 2 Contamer Schedule 17 Courier Services 15 Daly F remits 17 lnde» to Advertisers 3 Port Contains 16 Shipping Agents 15 Shipping Guide 10.11 Ships m Port
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      138 34 SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION THIS MONTH'S LUCKY DRAW PRIZE Hki s k^l 'NOTE: Overseas subscription includes a yearbook 90. SUBSCRIPTION/RENEWAL FORM I (Suhs< riplion/renew.il orders ret eived by 27th April'*)<) will Ik* entitled to the lut ky clr.iw.vvhu h will Ix* held on UHh April l H)i| N«ime: Address: Tel
      138 words
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      2250 35 200 Cantonment Road #12-05 Southpomt. Singapore 0201 Mil#/ TO ZZI«M TELEX NO RS ***** ■anif terminal/cfs t« *****1s 220 BOOKIMS T«I *****3* 235 L. \?rrw A «SAKA jaroine shipping agencies SON M4D PORT KELANG TEL: 36*111 TELEX NO MA*****/MA***** SSZS PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 IXxlicufod
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      Page 35 Advertisements Column 2
      1032 35 IMDEXI P««e Col Col A _J I M I ABC Conuineriinc 13 5 Mac-Nds Agcncics 14 1/2 Accord Shpg 8 3-3 Macolinc 14 1/2 Albatnos Sea-Air 14 5 MaerskLinc 3 4/5 APC Line 14 4 oMISC 14 1-3 oAPL 5 3-5 M'sia Shpg Corp 9 1/2 Arrow Lines 7 5
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      2270 35 VMM Voy ETA ETO 'Port 'Penang Kelang DESTINATIONS Thm MM Maren M Cloaang Ttma Feeder by cv 24/4 o*oo hrs m Farce« crs -n* taoo mrs m Tauro oak lgb mou mem atl mia cms bal pml nyc mow tor MAREN M 9004 24/4 25/4 irTfTTTi/J 12/5 14* 17/5 IS/5
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      Page 36 Advertisements Column 1
      1226 36 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE OSAKA BAY 93/545 1974 14/5 8/5 10/5 7/5 13/5 LARGS BAY 20/549 25/4 27/4 15/5 17/5 19/5 20/5 22/5 MONTE ROSA 07/548 26/4 21/5 15/5 17/5 14/5 20/5 LONDON EXPRESS 11/552 2/5 4/5 22/5 24/5 26/5 27/5
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      Page 36 Advertisements Column 2
      603 36 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT IRINI 25/4 6/5 8/5 IVS 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO IRINI 2V« 29/5 1/S 4/6 I JOHOI,E: J NORTHBOUND TO UKC SPORE RDM/ADAM HBG HULKU.K.) TAUSALA SAMOA Vl7* 23/4 20/5 24/5 21/5 CLYDEBANK V 2SN 19/5 14/1 18/1
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      Page 36 Advertisements Column 3
      1382 36 R1 TCMMIA &UUT REGULAR MOEPENOENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM VLT PRS ALG BCL Fa HAM BRE ROT ANT LHA (VIA (VIA (VIA VLT) NMQ ROT) ARABIAN SEA 007 V 20/04 24/04 07/05 11/05 12/05 14/05 16/05 18/05 19/05 20/05 2105 22/05 NORASIA SHARJAH 9008-3 28/
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      1463 37 SjgSteamers Maritime Holdings Ltd PAO JKTtHST^ITSSHIPPING wflk containers mm rpara P.Klaaic S tan N burj B'havan ft'da* Laft ACCIFTJ OUK UIU HtIOCLBCRG EXPRESS IWM 2MM tUS tW II|B lljU IMS CAMO £5 2S!S 2S S S ST AITS STA VIK Skjn, LO. Tsw la Part Apr montc *osa 2wm am
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      Page 37 Advertisements Column 2
      1779 37 TO: EUROPE TO: FAR EAST 1 SP LH ROM HAM B'HVN FIX SPORE NK KAO Mi NAM IN TONGHAE 07JW W* 1/5 10/5 11/5 13/5 14/5 HANJIN LENAVRE OOK 23/4 2M VH 3/5 NANJIN ROTTERDAM MB* 21/4 11/5 17/5 11/5 ZUS HANJIN FUIXSTOWE 001E 30/4 3/5 4/5 I*s CNOYANG CHANCE
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      Page 37 Advertisements Column 3
      339 37 STRAITS/ JAPAN/ STRAITS SONNE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN ASIAN COSMIC TRADER STAR PIONEER VOY. NO. 1 112 5 S'poft 26/4 3/5 4/5 P. Kelang 29/4 30/4 S/5 Penang Hong Kong Yokohama 19/5 20/5 Nagoya 17/5 Osaka 15/5 Senboku Kashima Funabathi *For Discharging Only NOTE: ALSO CALLING OTHER
      339 words
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      Page 38 Advertisements Column 1
      632 38 DJA9AQETRI A Joint Europe Service Of: r.T. DJMUITA HOVD M. KUII LLOYD r.T. SMMKM IMHMKStt f.T. TMKOM UOYD CR NBR *****810C00-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY S PORE R OA*/ H BURG BREMEN ANTWERP ADAM NATARAM/KWB 30/4- 2/S 5* 1 M 2/6 IS/6 BAAB ULLAH'22WB 2S-28/5 25* 1/7 4/7 7/7 FAST
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      Page 38 Advertisements Column 2
      892 38 9HPFING yy FULL CONTAINER SERVICE I S pore I LeHavre R dam H burg B haven F.tow. FEEDER VSL SIN LINE HAUL LAX OAK 21/4 9/5 10/5 11/5 13/5 14/5 HANJIN LE HARVE 00K 23/4 H. CNCJU ME 11/5 M/ 5 21/4 16/5 17/5 M 20/5 21/5 HANJIN FELIXSTOWE HIE
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      Page 38 Advertisements Column 3
      1461 38 _J .yriTTTTTI^k I, W C MTOSKTIfOUIUNMMmni HK MP I E£! SS2JT W **!i W 2*4 4/5 7/5 9/5 11/5 14/5 IKUHHiIIIIIMWWI S5! S£!& «g w u/s w w w iw is* an v* a* m i/i w I EVER GIFTED w yswimwiiiiWHaiiiii www SSI EVER GREET l«lVS»aflM!Ki«"«i«WlWWWli/»| ALSO ACCEPTING CARGO
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      Page 39 Advertisements Column 1
      1556 39 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings UK/EUROPE *****19, AUST/INDIA/PAK-*****18 m USA *****16, FAR EAST *****48 Documentation: *****44/*****14 fW 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 (VIA SUEZ) ||B r rDR"vSL/VOY PBN PKG SGP MOTH KB
      1,556 words
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      Page 39 Advertisements Column 2
      1209 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: KOC4I/2 Cable Address SINSOV SINGAPORE Telei Numbers RS *****JJS ***** RS ***** i&wiSn nT-AeKSESOS- a- B-** r«t« ma ***** hskul (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND ftSStll
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      Page 40 Advertisements Column 1
      1018 40 N AMERICA.ATLANTIC COAST 'P'lßWWiißllpM 1 1 W\o V IlliiUfl VOY *INDO 'PK/PNG SGP LB CHLS NFK NYC HFX OOCL FAITH 19 22/4 21/4 19/4 12/5 22/5 24/5 26/5 30/5 OOCL FRIENDSHIP 19 23/4 24/4 26/4 19/5 29/5 31/5 2/6 6/6 NEPTUNE JADE 24 30/4 1/5 3/5 26/5 5/6 7/6 9/6
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      Page 40 Advertisements Column 2
      702 40 ETD SIN (10AY) HI MY) (1OAY) BOOjjWOCOWCT H 22/04/90 pppj KELANG| J— g|| PTNAMH J—dllb BANGKOK JACQUELINE TWICF/WKLY H ETD SIN (3 DAYS) ♦(2 DAYS) f(1 OAY) BOOKM&COMCT I [22/04/90 I KONG KAOHSIUNG |j— KEELUNG JOYCE/JUDY TWICf/WKLY I ETD SIN (6 DAYS) MIQAY) *(40AVS) .MfljjjjjyggCT f H 22/04/90 j I^—gjL|
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      Page 40 Advertisements Column 3
      318 40 Continental Shipping w "j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S POW PK LOADING FOR AATEMSION SW STTE/HO^AIiT/FIU/UH BVTOM V Sid 20/4 2*4 SETE/*D«/AHT/aUM< ARBELA SM SETEyROM/ANT/fIU/UK loads Sabah/lndonesia ®MULTIPORT AGENCIES (S) PTE. LTD. TEL: *****77 FAX; 2253*31 P.K. MULTIPORT SON BHO. TEL: 9M2WB TLX: MA ***** MULTRA PNO SEA-CONTRANS
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      Page 40 Advertisements Column 4
      592 40 > GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD |oC4 23, Tolok «w StrMt SINGAPORE OM 1 TEL: 5343 M (10 LINES) Fu *****04 STRAITS/PERSIAN GULF SERVICE: S'port P KeUnj Pmni GOLDEN HAVEN Cotanto/UradH/Dub*. »21 Apr OOLOCN BEAR Cotanta/MradK/OM* OTA* CHINA SERVICE DAI TUN SHAN HuM»»/Fuzlm 24/21 A«r CASABLANCA SERVICE A
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      Page 41 Advertisements Column 1
      2810 41 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** Mi EXPRESS CONTAINER SERVICE TO UK/CONTU— VESSEL VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN ROAM LHAVRE Heidelberg Exp 06/546 Sid In Pt 6/5 9/5 11/5 5/5 13/5 Osaka Bay 93/545 19/4 14/5 8/5
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      Page 41 Advertisements Column 2
      290 41 MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen Bfcok PAGAN VISSW a/a Ara PATHEIN VIOIW hud Ara MYOMA YWA VI26W a Aran may a a apr a a Ara MERGUI V 99* a apr a may DISCHC ONLY HPA-AN Vl49* 2/s may THE
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      813 44 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO UNITED KINGDOM 1 NORTH CONTINENT EUROPE OUTMUND SIN FIX ME ROM ANT HBG RST W. ULBRICHT V* Ufi WWW PANAMA SEN 2/10 12/S 05/6 06/6 00/6 00/6 o*6 T WENOA 5W 23/5 I*6 16/6 10/6 AMERICAN S(N2|«WWWWW»A TO EAST MEDITERRANEAN OUTBOUND [sin
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      Page 44 Advertisements Column 2
      1124 44 w aaTONGCHUAN 30/1 B>Mai<aw/«aUiar» YANGCHUAN 21/4 R*tafOain/AM»art cto4a rou. cwiTAwn oavici Vassal PKL PNG SPORE BKK HKG SHA QIN LYC WEI HE SO 27/3 25/3 31/3 *4 I*4 YANG FANG KOU 125 31/3 2*3 5/4 11/4 I*4 20/4 Aututinf FCL Carfo lor ill ottwr CMmm part* all athar cttiat in
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      Page 44 Advertisements Column 3
      246 44 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR O€LI INOAH 19.4.90 20.4.90 PK BALAM NA6A JAVA In Port 20.4.90 PANJAN« LAMPUNG JAYA 20.4.90 22.430 PANJAN6 PINANG JAYA In Port 23.4.90 PANJAN6/PK. BALAM PERITA JAYA 26.4 90 28.4.90 PANJANG/JAKARTA ABAOI JAYA 25.4.90 27.4.90
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      Page 44 Advertisements Column 4
      506 44 r w i POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN"!: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Diulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :26/4, 2/5, 12/5, 18/5, 23/5, 29/5, 3/6 1 EUROPE I :To all
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      Page 44 Advertisements Column 5
      463 44 Ngow Hoc* Ajwncy Co LM .1 SUM HUM 4QM Tlwr MR iw gE ■DOUWK KUBAKO W> Tlwr H *m Ofi PtYA HUB am i* tm Tw ME CHAIYA HUM MW Mm Tlwr Mfi JIBA Wtur MW MM ME lot ME MAMA HUM WW M* »E lot ME MEKMAWtK KUKAKO MW
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      1091 45 1 j EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 21/4 27/4 A VSL 24/4 30/4 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI In Pt S.KOREA/JAPAN ETA S'PORE LOAOING FOR A VSL 20/4 Port Su«/Port Said/Ale*andra *A/ls#M-t|ftA.>*NL*si east Malaysia snipping ent. irrej ltd (41-A AHOY STREET,
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      Page 45 Advertisements Column 2
      208 45 ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA [lOAOJSQTOS SPORE ANOfNET l«WB 04/06 DARESSAI AAM MOMBASA DJMCXJTI ASSAB. MASSAWA HOOEIOAH ABYOT 21WB ivoe DARESSAL AAM MOMBASA DJIBOUTI ASSAB MAS3AWA. HOOEIOAH j H WEN HUNGTiNE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy
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      623 45 feg|||_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 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PUG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN
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      Page 45 Advertisements Column 4
      701 45 rwrmm BAY OF BENGAL SERVICES MADRAS CALCUTTA IttUU wr SIN MM SIN INGER RIIS 03N90 27/4 04/5 11/5 INGER RIIS 04N90 11/5 14/5 25/5 INGER RIIS 05N90 25/5 01/4 00/6 INGER RIIS 04NM 00/4 IS* 22* DANISM FLAG YEAR BUILD 190S VESSELS VOY SIN CCU SIN SUPER EIGHT 02N90 23/4
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      Page 45 Advertisements Column 5
      379 45 TO AUSTRALIA/NEW ZEALAND VSI Simmn Ff—nHii MXtaunw Sy*wr AucHani OvmAk c «»<x* m at* w u}i iw aH a« Aumrn* w Ui an aH Si Tji m tut fXPttSS m H 7i» lit ST 2H Iff e Muotc na nii m 5? ii St m/t Alto accepting cargo to:AUSTRALIA —Adelaide.
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      1149 46 MAC-NELS SINGAPORE EXPeWT TEL *****21 IMPORT Til: *21 MM TEL: (04) *****6 K K TEL (088) *****0 TAWAU TEL: (089) *****9 KELANG TEL: (03) *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 I 2\-/\ U. BAHRU TEL: (07) *****2 S IBU TEL (084) *****2 LABUAN TEL: (087) *****9 I—l\y
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      Page 46 Advertisements Column 2
      337 46 ffjfc blue star line SINGAPORE TO UNEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINOS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL 4 LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN,. LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN K AUCK LYT PROSPECT (*S a Apr 13 Hay JJta HPt. MANDAMA
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      Page 46 Advertisements Column 3
      1062 46 jm THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ma Iwt [in Iwt una lit? |ni Iwt KIM SOON LI 16/90E 21 APR PENAN6 JENHOL 3/90E 21 APR
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      Page 48 Advertisements Column 1
      35 48 Banking, Finance and Insurance Supplement BT's biggest and more established annual supplement will be distributed free with your copy of Business Times on May 24. Book your advertising space now. Call Joe Heng on *****54.
      35 words
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      444 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 17 19 22 24 25 25 24 2.1 18 15 1.2 10 10 09 10 1.1 13
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      285 50 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR 13-15/4/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 2-5/4 6-8/4 9-10/4
      285 words
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      353 50 A HYUNDAI MERCHAKT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK SCA FROM PSW LBH OAK SEA HKC SIN LALANOIA 31E 20/04 26/04 14/05 17/85 20/05 HYUNDAI COMMANDER 1* 1)03 22/83 25/03 1204 1904 HYUNDAI CHALLENGER J3E 27/04 0305 21/06 24/05 27/05 HYUNDAI
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      Page 50 Advertisements Column 3
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      Page 50 Advertisements Column 4
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