The Business Times, 22 March 1991

Microfilm: NL17467
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Friday, March 22, 1991 75*
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  • NEWS SUMMARY
    • Article
      W Germany likely to report 4.5 pc growth for 1990
      69 1 THE ECONOMY of what was formerly West Germany achieved growth of 4.9 per cent, unadjusted for inflation, during the fourth quarter of 1990, official figures showed. Observers said the figure for the whole of 1990 was likely to be 4.5
      69 words
    • Article
      Italy approves capital gains tax
      47 1 THE ITALIAN Chamber of Deputies (Lower House) approved the final version of a controversial capital gains tax on share transactions. The legislation will become law as soon as it is published in the Official Gazette, which is expected within a few days.
      47 words
    • Article
      COE premiums soar
      34 1 QUOTA premiums for April's vehicle Certificates of Entitlement (COE) soared by as high as 98 per cent in the first tender exercise following the end of the Gulf war Page 2
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    • Article
      Compaq to set up base
      27 1 COMPAQ Computer Corporation, one of the world's leading personal computer firms, is to set up a regional base in Singapore Page 2
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    • Article
      Reforms defended
      31 1 THE SOVIET UNION'S swingeing price reforms could cause hyper-inflation and a wave of industrial unrest but are an essential step towards a market economy, say government ministers Page 8
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    • Article
      Aid to Jordan blocked
      38 1 THE US SENATE has voted to halt foreign aid to Jordan because King Hussein supported Iraq during the Gulf war, ignoring White House protests that the move would hinder Mideast peace efforts. Page 9
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    • Article
      Another look at perks
      37 1 IS IT time to take another look at tax incentives for the banking sector to ensure that it is responsive to the innovations of the industry and the changing tax world? Page 11
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    • Article
      Powerful Larks
      30 1 LARKS on a String, part of the Singapore International Film Festival opening this week, is a powerful film with chilling political undertones amid moments of humour Page 17
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    • Article
      CIAS plans expansion
      26 1 GROUND handling agent Changi International Airport Services will be expanding its operations with a new warehouse outside Changi Airport. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      26 1 WALL STREET opened higher yesterday with ihe Dow Jones index of 30 leading industrials up 12.62 points to 2,884.65 five minutes into the session.
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    • Article
      Footsie higher
      41 1 SHARES in London were sharply higher at midday yesterday on speculation that British interest rates would be cut early next week. By about 1215 GMT, the Footsie 100share index was up 32.2 points, or 1.3 per cent, at 2,473.4.
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    • Article
      Ex-EMS MD complains
      24 1 FORMER EMS managing director Steven Chan has filed a complaint against auditors Emst Young with the Public Accountants Board Page 3
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    • Article
      Pac C profit down
      38 1 PRE-TAX profit at Pacific Carriers Ltd slid 6 per cent to $28.3 million for the financial year ended Dec 31, 1990, because of a soft shipping market and a weak US dollar. Page 3
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    • Article
      Buy Jardine call
      29 1 HONGKONG brokers are putting out buy orders for Jardine Matheson as its impending shift of primary listing to London clears uncertainty surrounding the shares. Page 5
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    • Article
      Call for freeze
      30 1 KUWAIT wants a number of leading European banks to block up to US$5 billion in clandestine Iraqi accounts which have so far escaped UN sanctions Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Thursday Change BT-MGA 722.29 -1.09 Kuala Lumpur ....581.10 +1.64 Hongkong 3,661.16 -22.25 Tokyo Closed Sydney 1,424.7 -3.9 Wednesday Change New York 2,872.03 +4.21 London 2,441.2 -17.8
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    • Article
      CURRENCIES
      20 1 Exchang* ratn US$ SSI.7700 100 Yen SSI.2780 MS SSO 6450 Money market rates Overnight 4 unch 3-month 4-5/8 unch
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    • Article
      COMMODITIES
      38 1 London Gold AM fix US$362.10 -IJSS2.10 Rubbor S'pore Apr 144.75Vkg -0 50 M'sia Apr 228.00*/kg -0.50 KL Tin Turnover 24 tonnes -17 Spot MS 14.83 /kg unch Crude palm oil Turnover 1335 lots +816 Apr MS846/tonne -13
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  • Article, Illustration
    Lock icon TDB going ahead with changes to textile quotas
    531 1  -  Critics say move is badly timed By John Tan THE TRADE Development Board has decided to go ahead with changes to its textile quota system, a move which textile and garment makers say is badly timed and will lead to higher costs.
    Source: Textile and Garrment Manufacture Association of Singapore  -  531 words
  • Article
    Foreign worker tender idea: investors hail flexibility but fear higher costs
    550 1  -  By Schutz Lee THE MAJOR foreign business communities, while welcoming the prospect of a more flexible foreign worker scheme, fear a tender system would add to their labour costs. The labour shortage is a prime concern for Singapore's major
    550 words
  • Article
    Lock icon Dr M gives go-ahead for N triangle
    146 1 Bernarna MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has given the green light for the proposed development of an economic cooperation triangle involving Malaysia, Indonesia and Thailand. The proposed "northern triangle", similar in concept to the Growth Triangle involving Johor Bahru. Singapore
    Bernarna  -  146 words
  • Article, Illustration
    More TV channels for Singaporeans in the near future
    446 1  -  Yesterday in Parliament By Chitra Rajaram SINGAPOREANS may be able to enjoy more television channels in the near future at least two more within a year. This was announced by Brigadier-General George Yeo, Acting Minister for the Ministry of Information and
    446 words
  • Article
    Lock icon EC raps energy monopolies
    76 1 Reuter THE EUROPEAN Commission said it had opened legal proceedings against 10 European Community countries which allowed only national monopolies to engage in cross-border trade in electricity and gas. "Removal of these (monop- oly) rights is an essential first step in opening up the Community energy
    Reuter  -  76 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      377 1 Available at: #01 -16 Scotts Shopping Centre Tel: 737 3708/235 8543 #02-06 Wisma Atria Tel: 235 9048/733 8204 BUCHERER Aircraft Schedule 27 Money Market 25 World News 8.9 Commodities 26 Regional Co News 4 Cryptic Crossword 27 Regional News 7 Editorial 10 Regional Stock Markets 23 For market indues, editorial.
      377 words
    • Advertisement
      Page 1 Advertisements Column 2
      161 1 Penang all for labour-intensive firms to shift, PR 7 AT THE Geneva Motor winners; our pick of the formal defence pact, to put Show last week, the signs International Film Festival. an end to ambiguities about were clear. The Japanese are its long-term intentions, all out to make a dent
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      Page 1 Advertisements Column 3
      69 1 I [IPiDTKI)© j© I Quadruple Zoom Auto Two-Color. M,N< rA An artful blend of culture and information needed, Pg 2 Classifying films, Pg 2 Editorial, Pg 10 ML \?9 I ETIENNE AIGNER SHOPS #01-03/04Delfi Orchard Tel: *****00 H «oi -02 Shaw Centra Tel: 737*141 #81-08 Polals RenaissanceT«l: *****84 gj *01-368
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  • HOME NEWS
    • Article, Illustration
      Lock icon End of Gulf War sees higher quota premiums for COEs
      543 2  -  By Selva Kumar QUOTA premiums for next month's vehicle Certificates of Entitlement (COE) have shot up by as high as 98 per cent in the first tender exercise after the end of the Gulf War. The increase was no surprise
      Source:  -  543 words
    • Article
      Compaq to set up regional base here
      359 2  -  By Shoeb Kagda COMPAQ Computer Corporation, one of the world's leading personal computer firms, will soon set up its Asia-Pacific headquarters in Singapore to tap the growing Asian market. Steve Hamblin, managing director of operations for Compaq Computer (Asia Pacific), will head the
      359 words
    • Article
      Dun & Bradstreet using S'pore as springboard
      326 2  - Dun Bradstreet using S'pore as springboard By Quak Hiang Whai SINGAPORE plays a "pivotal role" in Asia for American software house Dun Bradstreet Software, the group's visiting president told BT in an interview yesterday. With support from the Singapore office, Asia provides Dun Bradstreet with the best opportunities in terms
      326 words
    • Article
      Possible that Indochina could revert to hardline policies
      310 2 IF THE efforts of the Indochinese countries to liberalise their economies end in failure, they could revert to their old hardline ways. Dr Tan Kee Wee, a research fellow at the Institute of Southeast Asian Studies (ISEAS), said that this going back
      310 words
    • Article
      Chan Heng Chee to head S'pore Int'l Foundation
      166 2 CHAN HENG CHEE, who has just returned after a successful two-year stint as Singapore's ambassador to the United Nations, will head the Singapore International Foundation. Acting Minister for Information and Arts George Yeo said that Professor Chan has agreed to become the
      166 words
    • Article
      Restricted films from Jul 1
      127 2 FROM July 1, films shown in Singapore will come under "General" and "Restricted" categories. But there will be no "X" films, the Acting Minister for Information and Arts, Brigadier-General George Yeo, said. "I think, however we relax. we must maintain certain minimum standards against pornography,
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    • Article
      Creative blend of culture and information needed
      349 2  -  Yesterday In Parliament By Chuang Peck Ming THE more Singapore can blend culture and information together, the more competitive Singapore will be. Acting Minister for Information and The Arts George Yeo said yesterday. And that is the operating philosophy of his ministry, Brigadier-General
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    • PARLIAMENT BRIEFS
      • Article
        Patiently waiting
        88 2 THE waiting time in hospitals came under fire yesterday by the MP for Ang Mo Kio, Yeo Toon Chia. Mr Yeo gave some suggestions to counter the long waiting time in hospitals and long queues at pharmacies at even the restructured hospitals. To this, Health Minster Yeo Cheow
        88 words
      • Article
        Better Tamil programmes
        95 2 K SHANMUGAM, (Sembawang GRC) spoke about the poor quality of Tamil programmes shown over SBC. He also requested that the Tamil news slot be changed from 6.25pm to 7pm to allow schoolchildren and workers to catch the news. Brigadier-General George Yeo (Res), Acting Minister for Information and
        95 words
      • Article
        MRT extension
        43 2 THE possibility of extending the Mass Rapid Transit system from Woodlands to Johor Bahru has been endorsed and agreed to inprinciple by ministers in Malaysia, the Mentri Besar of Johor and Singapore ministers, said Mah Bow Tan, Minister of State (Communications).
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      129 2 THE SANYO SFT-50 THE LIGHTWEIGHT HEAVY DUTY COPER Weighing a mere 11 kg the Sanyo SFT-50 Plain Paper Copier is not only a portable wonder, it has features that even some of the big boys leave out. Like a fast 30-second warm up time. edge-to-edge copying, multi-feeding continuous copying system,
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    • Advertisement
      Page 2 Advertisements Column 2
      84 2 JONES GABLE AND COMPANY, members of the Toronto and Vancouver Stock Exchanges, in association with EXXL Consultants Pte. Ltd. Singapore, a Mendez Group Company, will be pleased to discuss and advise on listed and unlisted investment opportunities in Canada. A Jones Gable representative will be in Singapore from the 25th
      84 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS 1
    • Article, Illustration
      Ex-EMS MD files complaint against Ernst & Young
      432 3  - Ex-EMS MD files complaint against Ernst Young By Elaine Koh STEVEN CHAN, a founding member and former managing director of Electro-Mag-netic (S), has filed a complaint against auditors Ernst Young with the Public Accountants Board (PAB) largely for its conduct relating to an investigative report it did on the troubled
      432 words
    • Article
      PCL's profit slips in soft shipping market
      415 3  -  By Rahita Elias LISTED SHIPPING company Pacific Carriers Ltd (PCL) saw its pre-tax profit slide 6 per cent to $28.3 million in the financial year to Dec 31, 1990, on the back of a soft shipping market and a weak US dollar. An
      415 words
    • Article
      Bousteadco boasts healthy set of results
      405 3  -  By Genevieve Cua BOUSTEADCO Singapore posted a 14 per cent increase in after-tax earnings last year, despite a business slump in December and the absence of any contribution from "one or two" subsidiaries. Group chairman RT S Macpherson yesterday unveiled a healthy set of
      405 words
    • Article, Illustration
      HK brokers bullish on Jardines' London listing move
      415 3  -  From Catherine Ong in HONGKONG HONGKONG stockbrokers are putting out buy orders for Jardine Matheson as its impending shift of primary listing to London clears an uncertainty surrounding the counter. Bucking a general downtrend in share prices yesterday, Jardine gained HK$l (550.22)
      415 words
    • Article
      Interest payments erode Singapura Building profits
      229 3 FINANCE company Singapura Building Society Ltd reported group after-tax operating profits of $1.19 million for the half-year that ended Dec 31, 1990. This represents a 16.5 per cent fall from $1.43 million for the previous corresponding period. This was despite a 17 per cent
      229 words
    • COMPANY BRIEFS
      • Article
        Sime Darby director quits on becoming PM
        53 3 MALAYSIA'S Sime Darby Bhd said Anand Panyarachun has resigned as a company director with effect from March 11 following his appointment as Thai Prime Minister last month. Mr Anand was appointed the civilian caretaker Prime Minister by a military junta which seized power
        53 words
      • Article
        YHS (M) profit up llpc
        108 3 YEO Hiap Seng (M) Bhd has reported an 11 per cent rise in group pre-tax profit to M$ 13.54 million (SSB.6 million) for the year ended Dec 31, 1990, from M$ 12.91 million in the previous year. Group turnover rose to M 5261.92 million from
        108 words
      • Article
        Tangs sales projection queried
        68 3 The Stock Exchange of Singapore has asked CK Tang Ltd to explain the basis for its first year sales projection of about $80 million for its proposed new Tangs Studio at Ngee Ann City in Orchard Road. Under the Exchange's Corporate Disclosure Policy, such estimates or
        68 words
      • Article
        GK Goh ups capital of HK arm
        80 3 G K GOH Holdings Ltd, which runs a stockbrokerage of the same name, has increased the issued and paid-up capital of its wholly-owned subsidiary, G K Goh Securities (HK) Ltd, from HK$5 million (Ssl.l million) to HKSIO million, through the subscription of 500,000
        80 words
      • Article
        Hotel Royal forms audit group
        34 3 HOTEL Royal has established an audit committee compris-. ing Col (Res) Rodney How Seen Shing as chairman and Dr Chua Sui Meng and Mr Lee Chin Chuan as members.
        34 words
      • Article
        More directors for Tong Meng
        42 3 TONG MENG has appointed Tai Yoon Loy and Paul Geh Cheng Hooi as additional directors. It has also established an audit committee chaired by Mr Geh and with Mr Tai and Dato Teh Hong Piow as members.
        42 words
    • Article
      Lock icon Many hitches await brokers seeking a backdoor listing
      523 4 MBT STOCKBROKING firms trying to circumvent the Kuala Lumpur Stock Exchange's ruling to limit to 10 the number of listed broking firms by going for a backdoor listing or reverse takeover may find it a difficult exercise. Merchant bankers contacted in Kuala
      MBT  -  523 words
    • Article, Illustration
      F J Benjamin raises loan facility worth $123 m
      342 4  -  By Quah Hiang Whai LUXURY GOODS retailer FJ Benjamin Sons today signs an agreement with a group of financial institutions to raise a loan facility worth about Ssl23 million. Nash Benjamin, finance director of F J Benjamin, told BT that the
      342 words
    • Article
      Lock icon Hume to maintain majority stake in Oyl
      308 4 Bernama HIJME Industries (M) Bhd says its proposed acquisition of 1.52 million cum-rights new Msl (550.64) ordinary shares in Oyl Industries Bhd for MsB million cash is to maintain its majority stake in the enlarged share capital of Oyl. Hume Industries, a member
      Bernama  -  308 words
    • Article
      CMB Packaging profits fall 18pc to $24 million
      397 4  -  By Suzanne Soh CMB Packaging Singapore Limited saw a drop in sales and pre-tax profits for the year that ended Dec 31, 1990, despite higher productivity and cost-cutting measures. Group pre-tax profits of $24.1 million was $5.3 million or 18 per cent
      397 words
    • Article
      Lock icon Metrojaya to invest M$ 70m in two new outlets
      282 4 Bernama DEPARTMENTAL store operator Metrojaya Bhd plans to invest more than Ms7o million (Ss44 million) in its next two outlets in Pctaling Jaya and Penang. chairman Haji Ahmad Khairummuzammil bin Mohamed YusotT said in Kuala Lumpur yesterday. The company expects to
      Bernama  -  282 words
    • Article
      Lock icon Loan conversion will save Promet M$ 7.8m a year
      323 4 Bernama PROMET Berhad says its proposed conversion of debts to equity will result in interest savings of about Ms7.B million (554.9 million) per annum, in addition to reduction of foreign exchange exposure. The earnings of Promet would consequently improve, Bumiputra Merchant
      Bernama  -  323 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      180 3 It's ANA I lotel Singapore lor me I rom now on. A W ANA HOTEL SINGAPORE FOR THE WORLD'S MOST TREASURED WATCHES 3? CO RUM at Cortina Watch Centre [QOb >. one establishment in Singapore vuoii f s houses some of the world's most > fashionable and exquisite watches. V/*hp
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      105 4 GUARANTEED RETURN $21 MILLION INCREASING EVERY YEAR and a trip to the Barrier Reef Waterfront Resorts on South Molle and Hook Islands Great Barrier Reef, North Queensland, AUSTRALIA Successful, established Island Resorts. Guaranteed income from a maior Australian tenant. Low price $24.5 mil AUD high returns Opportunity for future development.
      105 words
    • Advertisement
      Page 4 Advertisements Column 2
      75 4 DiSraart} Waterfront Resorts on South Molle and Hook Islands Great Barrier Reef, North Queensland, AUSTRALIA Successful, established Island Resorts, Guaranteed income from a maior Australian tenant Low price $24 smil AUD high returns, Opportunity for future development /tT Easy access from mainland Consistently high occupancy more details^^ 1 Ken Jacobs
      75 words
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  • REGIONAL/INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon BAT profits dragged down by losses at insurance arm
      390 5 FT BAT INDUSTRIES, the tobacco and financial services conglomerate, blamed a 46 per cent drop in pre-tax profits to £963 million (552.98 billion) last year on losses and write-downs at Eagle Star, its general insurance business. Group chairman Sir Patrick Sheehy
      FT  -  390 words
    • Article
      Lock icon Offer to acquire FNN raised
      161 5 NYT DOW JONES and Westinghouse Broadcasting have sweetened their bid to acquire FNN to US$ll5 million (Ssl96 million), meeting the minimum price set by a federal bankruptcy judge earlier this month. The bid exceeds by US$lO million the deal that the board of Financial News
      NYT  -  161 words
    • Article, Illustration
      Diversification helps Shun Tak post llpc rise in earnings
      436 5 SHUN TAK Holdings has credited diversifying its operations for an 11.5 per ccnt rise in earnings to HK5312.3 million (Ss7l million) for the year to December. The profit rise at casino tycoon Stanley Ho's flagship was in line with market expectations
      436 words
    • Article
      Lock icon Nabisco plans 75m share offer, US$ 750m debt issue
      283 5 NYT RJR NABISCO Holdings Corp, the consumer-products giant that emerged from history's largest leveraged buyout. has announced that it plans to sell 75 million shares, increasing the publicly held stake to as much as 22.8 per cent, from 17.1 per cent.
      NYT  -  283 words
    • COMPANY BRIEFS
      • Article
        SSangyong embarks on Guam hotel venture
        92 5 SSANGYONG Engineering and Construction Co Ltd, part of South Korea's Ssangyong Group, has signed a US$l5O million (***** million) contract to jointly build a Hyatt Regency Hotel in Guam with a Japanese construction company, a Ssangyong spokesman said. The hotel will have 448 rooms
        92 words
      • Article
        Sunkyong in US$ 35m tie-up
        98 5 SOUTH KOREA'S Sunkyong Ltd, the flagship of the Sunkyong Group, has signed a US$35 million contract with Indonesia's government to build an industrial complex due for completion by 1995, Sunkyong officials said. An 80-20 joint venture between Sunkyong and Indonesia's Busanaragam Fauna Co Ltd, called
        98 words
      • Article
        All's well for Maxwell
        75 5 THE LAST union of the Daily News gave Robert Maxwell the nod on Wednesday, paving the way for the British publisher to take over as head of the tabloid and ending a five-month strike. The machinists union voted 36-3 to accept a contract with the paper,
        75 words
      • Article
        Sony signs up Michael Jackson
        63 5 SONY CORP's US Entertainment subsidiary announced on Wednesday it had signed singing superstar Michael Jackson to a 15-year contract worth more than one billion US dollars. Sony said that Mr Jackson would collaborate in recording and film projects. He would also establish his own record
        63 words
      • Article
        Gillette loses an edge
        102 5 BRITAIN'S anti-trust body said on Wednesday that US razor giant Gillette's 22 per cent stake in the parent company of Wilkinson Sword, its major rival in the British market, could be expected to operate against the public interest. The deepsion of the Monopolies and Mergers Commission
        102 words
      • Article
        Toshiba, in thermometer deal
        87 5 JAPANESE electronics giant Toshiba has taken a 35 per cent stake in a French medical thermometer manufacturing firm, the company's president said on Wednesday. The agreement would boost the capital of the Alsace-based Maas SA from 4.3 million to 5.3 million francs (551.68 million). Maas' president
        87 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      193 5 From today, we're putting our ears to the ground. even the our Total Quality Management I I refinery engineers at service stations, philosophy, Mobil employees will I I I f personnel staff on factory calls, be participating in our "EARS" »f Mt m 9 billing clerks on programme from today.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        FDIC to name bid winner by April 16
        96 6 THE Federal Deposit Insurance Corporation said it plans to announce the winning bid for the Bank of New England by April 16. In an announcement explaining changes in loan structure for the upcoming purchase, FDIC reconfirmed March 29 as the deadline for
        96 words
      • Article
        EC considers loan limits
        73 6 THE European Community (EC) is to consider a proposal soon that banks within the community should lend no more than 25 per cent of their capital to one client, an EC source said on Wednesday. According to the proposal, banks would have to accept such a
        73 words
      • Article
        Rumours fail to worry AMB
        64 6 GERMAN insurance group AMB on Wednesday said it had no worries over the structure of its shareholdings despite market rumours that British shareholder Royal was planning to sell its stake, and a suspension of trading on German markets. Trading in Aachener und Munchner stock was
        64 words
      • Article
        Lisbon to ease system
        75 6 THE Bank of Portugal announced that next week it will start to offer liquidity to banks to bring monetary policy closer in line with other central banks in the European Community. Governor Jose Tavares Moreira and his deputy Antonio Borges said that the change was part
        75 words
    • Article, Illustration
      Lock icon Kuwait wants banks to block Iraqi accounts
      649 6 FT KUWAIT is threatening to withdraw its funds from a number of leading European banks unless they block up to US$5 billion (SSB.S billion) in clandestine Iraqi accounts which have so far escaped United Nations sanctions. Kuwait plans to seek the aid of
      FT  -  649 words
    • Article
      Lock icon Agency downgrades credit rating of two Aussie banks
      199 6 AFP NIPPON Investors Service Inc said on Wednesday it had downgraded the State Bank of New South Wales and Western Australian Treasury Corp due to Australia's reduced ability to meet its foreign debt repayments. The downgrading from "doublc-A-plus" to "dou-blc-A" reflects a
      AFP  -  199 words
    • Article
      Lock icon American banks rush to raise equity capital
      545 6 NYT REFLECTING higher confidence among investors, the US banking industry has already raised more capital in stock offerings this year than it did during all of 1990. The rush to market through a flurry of offerings of common and preferred stock, most of
      NYT  -  545 words
    • Article
      Lock icon US opening: foreign banks need holding companies
      479 6 NYT FOREIGN banks wishing to take advantage of the proposed opening of US financial services will have to set up local holding companies, subject to full US regulation. The US Treasury on Wednesday sent to Congress the 317-page Financial Institutions Safety and Consumer
      NYT  -  479 words
    • Article
      Lock icon Security Pacific quarterly profit likely to be small
      299 6 Reuter SECURITY Pacific Corp, which cut its dividend on Tuesday, has forecast a profit for the first quarter of 1991 but analysts say any profit is likely to be small and some believe the company could just as easily break even or
      Reuter  -  299 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      197 6 This announcement appears as a matter of record only. BANK RAKYAT INDONESIA U5554,000,000 STANDBY LETTER OF CREDIT FACILITY Arranger Agent Standard Chartered Standard Chartered Merchant Bank Asia Limited Standby Letter of Credit Banks Lead Participant Arab Banking Corporation (8.5.C.), Singapore Branch Participants The Arab Investment Company S.A.A. DG Bank Deutsche
      197 words
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      Page 6 Advertisements Column 2
      245 6 I INTERNATIONAL LIQUIDATION AUCTION I I Distraint Order Executed by the Court Appointed Bailiff I I District Court Judgement Landgeridit Dusseldorf I SEIZED VALUABLE ASSETS I I A Large Confiscated Stock of I I FINEST, SELECTED RETAIL QUALITIES, EXCEPTIONAL, I GENUINE AUTHENTIC HANDMADE I PERSIAN EASTERN I I Carpets, Rugs
      245 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Thailand's skilled labour shortage deters investors
      439 7 Shortage of highly skilled professionals pushing up costs AFP A SHORTAGE of engineers and other highly skilled professionals in rapidly developing Thailand is prompting foreign investors to look elsewhere, analysts said on Wednesday. The shortage has led the biggest firms in Bangkok, including Siam
      AFP  -  439 words
    • Article
      Philippine trade secretary seeks wider export access to US
      433 7  -  Manila's exports to America lowest among Asean members From Al 0 Labita Jr in MANILA A SENIOR Aquino government official earlier this week deplored the fact that other Asean neighbours have wider access to the American market than the Philippines which
      433 words
    • Article, Illustration
      Lock icon Penang all for labour-intensive firms to shift
      298 7 MBT BUGGED by a labour shortage, Penang is consciously encouraging labour-intensive industries to shift their operations to Kedah, Perak and Perlis. This is part of a joint effort by the four northern states to consolidate their development planning, Penang Chief Minister Dr Koh
      MBT  -  298 words
    • NOTE BOOK
      • Article
        China to supply plant for Indonesian project
        104 7 CHINA has agreed to supply Indonesia with a US$75 million (S$ 128 million) plant to make soda ash, the main component in producing glass. The official Antara news agency said yesterday that China National Technical Import and Export Corporation (CNTIEC) would sign an
        104 words
      • Article
        Freeing NZ stations
        92 7 NEW ZEALAND will scrap all limits on foreign ownership of television stations. Prime Minister Jim Bolger said yesterday that the decision could help the country's only commercial channel, TV3, which went into receivership last year and is seeking a foreign buyer. "The future operation of TV3 is
        92 words
      • Article
        UK to help finance dam
        48 7 BRITAIN is finalising details on a Mssoo million loan to help Malaysia partly finance a Msl.3 billion hydroelectric dam project. A British High Commission official said yesterday that an agreement on the matter was very close and an announcement would be made soon.
        48 words
      • Article
        Unemployment expected to rise
        88 7 NEW ZEALAND'S near stagnant gross domestic product (GDP) will take off but predicted growth will be accompanied by higher unemployment. The Reserve Bank yesterday cited stronger than expected domestic demand, revised GDP growth estimates for the year to March upwards from 0.4 per cent to 0.9
        88 words
    • Article
      Lock icon JSEDC posts 16.7 pc rise in profit
      309 7 NST JOHOR State Economic Development Corp (JSEDC) recorded a M$ 112.09 million (5572.3 million) pre-tax profit last year, up from M 596.07 million in 1989. Its chief executive Datuk Mohd Ali Hashim attributed the 16.7 per cent rise in profit to outstanding performances
      NST  -  309 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      516 7 Special deliveries SAMSUNG r ftU n s „T Samsung is continuing to deliver high quality and service in electronics. VRAMs Speed is essential Samsung s dual port VRAMs. equipped with RAM and SAM deliver at speeds of 100ns (RAM) and 25ns (SAM) Samsung VRAMs provide high quality and performance in
      516 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Poehl outburst unlikely to hurt EC talks
      868 8 Attack may hurt Bundesbank chiefs position in move towards monetary union IHT BUNDESBANK chief Karl Otto Poehl's ringing attack on German monetary unification is unlikely to derail the current effort by the European Community to reach agreement on a treaty calling for full
      IHT  -  868 words
    • Article
      Lock icon Economic union a nightmare for many eastern Germans
      389 8 Reuter HAILED as a unique historical experiment, last year's swift merger of the two German economies is today's nightmare for millions of eastern workers and its powerful central bank chief Chancellor Helmut Kohl said the July 1990 economic and monetary union, which
      Reuter  -  389 words
    • Article
      Lock icon Call for EC curbs on Japanese cars
      223 8 Reuter TFIE EUROPEAN Community's new car industry lobby wants Japanese car imports curbed until the end of 1999 to no more than 15 per cent of the lucrative EC market. The Association of Euro pcan Automobile Constructors (ACEA) said in a statement on
      Reuter  -  223 words
    • Article
      Lock icon Soviet ministers defend painful price reforms
      399 8 FT THE SOVIET UNION'S swingeing price reforms could cause hyperinflation and a wave of industrial unrest but are an essential step towards a market economy, say Soviet ministers. Full details of the reforms, to be introduced on April 2, were published on Wednesday as
      FT  -  399 words
    • Article, Illustration
      Lock icon IMF to lend East Europe countries US$ 5b this year
      298 8 Reuter THE International Monetary Fund expects to loan Eastern European nations as much as US$5 billion (SsB.s billion) this year and will probably provide the region with substantial funds tor years to come, IMF managing director Michel Camdessus said on
      Reuter  -  298 words
    • Article, Illustration
      Lock icon Senate blocks US aid to Jordan
      469 9 Legislators reject appeal from Bush; move hinders M-E peace efforts AP THE AMERICAN SENATE has voted to halt foreign aid to Jordan because King Hussein supported Iraq during the Gulf war, ignoring White House protests that the move would hinder peace efforts in the
      AP  -  469 words
    • Article
      Lock icon Japan may strengthen economic ties with Israel
      366 9 AP JAPAN has favoured Arab countries for decades because of its thirst for Middle East oil, but some analysts feel the Gulf War may bring warmer relations with Israel. Japan has closely followed the United States' lead in all areas of Middle East
      AP  -  366 words
    • Article
      Lock icon Beijing's gamble on Hainan yet to pay dividends
      420 9 AFP BEIJING was hoping to transform Hainan into a showcase of modern China when it declared the island a Special Economic Zone three years ago, but the bet seems a long way from paying off. Despite the fact that the island, situated
      AFP  -  420 words
    • WORLD WATCH
      • Article
        Rates in US, Japan, Germany to stay high
        101 9 REAL INTEREST RATES will remain high in the US, Germany and Japan in the *****, says the World Bank's chief economist. In a speech in New York on Wednesday to a group of professional economists, Lawrence Summers predicted that real rates in
        101 words
      • Article
        French budget deficit narrows
        104 9 FRANCE had a budget deficit of 93.4 billion francs (555.45 billion) in 1990, or 1.4 per cent of gross domestic product, it was announced in Paris on Wednesday. This compared with a deficit of 100.4 billion francs, or 1.6 per cent of GDP, in 1989. The
        104 words
      • Article
        N Ireland stations for sale
        84 9 THE BRITISH GOVERNMENT has presented plans for privatising the production and supply of electricity in Northem Ireland which would involve the restructuring of the industry in order to introduce more competition. Northern Ireland Minister Peter Brooke said in London on Wednesday that the four power
        84 words
      • Article
        Clean-up plan for Mexico City
        76 9 MEXICO plans to clean up the pollution in Mexico City the most populous and most contaminated in the world at a cost of nearly US$2 billion (553.5 billion) over the next decade. The long-awaited and ambitious plan, announced on Wednesday, includes shutting down a sprawling
        76 words
      • Article
        Brazil offers to pay arrears
        72 9 BRAZIL has offered to pay nearly 19 per eent of its arrears in interest payments to try to break an impasse in negotiations with private foreign hanks. Economy Ministry spokesman Silvia F-'aria said in Brasilia on Wednesday that the country offered to pay billion (Ss2.B
        72 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      833 8 ANNOUNCEMENT The Board of Directors is pleased to announce the audited results for the year ended 31 December 1990. THE GROUP 1 1 THE COMPANY 1990 1989 1990 1989 $'000 $'QOQ $000 000 TURNOVER 126.069 100,034 26.0 Investment other income 376 611 3.871 2,334 Operating profit 8,750 7,013 24.8 3.774
      833 words
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      Page 8 Advertisements Column 2
      89 8 /Wj DIVIDEND ANNOUNCEMENT Golden Hope NOTICE IS HEREBY GIVEN that an Interim Dividend of 3 sen per share (less 35% tax) has been declared by the Directors of Golden Hope Plantations Berhad in respect of the financial year ending 31st March, 1991, payable on Monday, 20th May, 1991. Duly completed
      89 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      263 9 TOP QUALITY AUTOMOBILE IN USA J.D. Power Associates CANADIAN CAR OF THE YEAR Automobile Journalists Association of Canada BEST SEDAN IN ITS PRICE CATEGORY Road Track, USA EASY MAINTENANCE CAR OF THE YEAR Home Mechanix, USA Nissan Maxima (with ABS) Unleaded We've added one more luxury to the long list
      263 words
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  • Article
    Merits in worker tender scheme
    513 10 EDITORIAL TRYING tasks call for solutions beyond the tried and tested. The options to enable employers to hire more foreign workers are still under study but the Labour Minister has intimated as much: tendering tor work permits is likely to be introduced. The market mechanism
    513 words
  • WHAT THE OTHERS SAY
    • Article
      Cost of conveyancing
      219 10 LAW Minister S Jayakumar told Parliament he would ask for a review of conveyancing tecs and consider whether it would benefit the public to let non-lawyers do the work also. Those who welcome this announcement say free competition may bring more competitive rates. Ihe stock response trom
      219 words
    • Article
      No decisive result
      135 10 PRESIDENI Mikhail Gorbachev's vision of a renewed Soviet federation seems to have won an "absolute majority" of votes in the country s first referendum. But. as he and his allies claimed victory, the central question still remains will it lead to stability and prosperity in the country?
      135 words
    • Article
      Fighting labour shortage
      126 10 THE actual method of implementing the scheme for companies to bid for the right to employ extra foreign workers has yet to be set out by the government. While it is helping employers to resolve the problem of labour shortage, the government must not tighten the policy
      126 words
  • REGIONAL VIEWPOINTS
    • Article
      Aim of privatisation
      143 10 THIS country is not alone in facing opposition to privatisation. Retired military officers in Japan have fought a rear-guard action against losing their easy positions running the country's public sector agencies. It took the iron will of Margaret Thatcher to break the will of Britain's once all-powerful
      143 words
    • Article
      Unavoidable break-up?
      155 10 MANY of us were quite convinced that India's political system, which is very much rooted in the Congress Party, and its functioning civil service, inherited from the former colonising power which also handed down a military force steeped in a tradition of obeying civilian rule, would he effective
      155 words
    • Article
      Brickbats and bouquets
      147 10 AN overwhelming success is how the World Bank has described the achievements of the Federal Land Development Authority (Felda) in its resettlement process, providing employment and generating income. The 35-ycar-old agency has nurtured a whole generation of agricultural producers, in the process demonstrating how common endeavour can
      147 words
  • Article, Illustration
    Lock icon Chinese foothold in Hongkong
    878 10  -  Thousands of companies from mainland China have set up business in Hongkong. Kathy Chen reports on how these investments are allowing China to strengthen control in the territory before 1997 Kathy Chen Reuter IN an unassuming 24storey building at the edge of Hongkong's financial district, a
    Reuter  -  878 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      94 10 TAMBI AH MAS INDONESIAN RESTAI RANT Closed from March 2 3 to 31. Resumes for business on April 1. Any inconvenience regretted. That's because we have to get >***** work done! From servicing of airconditioning systems to replacing old internal fitting tor new ones during the first phase of our
      94 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      37 10 DOONESBURY by garry trudeau 'rnwT mJisixa* ai*S m j, an voußtiNbThz i NMBA?- /OU/MZHOUJ A&ALPRO H£ KHOWS A TANK, w 007 r£NtXChAP6e 0 TEMPER. CAN'T G6T HtS INVENTOfV, ANP HE CANT SMOKE PIPNJHJZTA j 'AU6t-T> SHOP! Ail'
      37 words
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  • ANALYSIS
    • Article
      Scheme needs to take account of industry changes
      1091 11  -  As the financial, banking, shipping and other communities continue to discuss the details of Dr Richard Hu's Budget, the three articles here take a critical look at some incentives directly affecting these sectors Jenny Lim and Helen Chiang examine Singapore's tax incentives
      1,091 words
    • Article, Illustration
      Springboard to a premier port
      1063 11  -  Nicholas Miao and Owi Kek Hean discuss the implications of the Approved International Shipping (AIS) tax incentive scheme Nicholas Miao, Owi Kek Hean The writers are tax prineipal and tax manager, respeetively. of an international accounting firm Following the successful introduction of two offshore trading
      1,063 words
    • Article
      Will S'pore become an attractive place for a holding company?
      1040 11  -  Damian Hong and Albeit Poon discuss the proposed tax exemption on dividends paid out of foreign income Damian Hong Albert Poon The writers are tax prineipal and senior tax manager, respectively, oj an international accounting firm OF the various tax
      1,040 words
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  • FOCUS
    • Article, Illustration
      Aussies poised to export environmental technologies
      1262 12  -  Australian engineers have spent more than a decade of laboratory tests and pilot projects on environmental technologies. These companies are now ready to export the technologies to a world that is increasingly concerned about the degradation of its environment. Florence Chong files this report
      1,262 words
    • Article
      Lock icon Dam at mouth of N agar a River sparks off big dispute in Japan
      921 12 NYT Afoul-smelling epiphany came to Megumi Ohmori a few years ago as she was crossing a bridge and saw construction crews demolishing thick patches of reeds on the riverbank below. Then suddenly she was hit by
      NYT  -  921 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      42 12 away tf>ese^ high-tech wgKr cuiveis ijmb Come on golfers, check out our coupon In The New Paper Saturday Special this week 23 March 1991 and you could be happily driving your friends green, green with envy. ii* ■PVf9V9VW!TTVnVfVN!nVV!m a Vff^TVfnfffTffTVVT^ 1 *f
      42 words
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      Page 12 Advertisements Column 2
      67 12 TELEPHONE: 730•i9)7/ i 9 0 1 i 9 4 2 j_AJ(j_7_M__4_9_S_2 I SKILIT-MC I tIISII I A I I S offers RECRUITMENT: Executives Management Technical Engineers, Draftsmen Sales/Marketing Supervisory TEMPORARY STAFFING Engineering Drafting/Design Trainers/Instructors Office Clerical Computer Personnel HUMAN RESOURCE MANAGEMENT Development Behavioral Change Customer Service Strategic Planning YOUR COMPLETE
      67 words
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  • SPORTS
    • Article, Illustration
      Lock icon Agassi, Capriati fail to sustain momentum
      597 13 International Players Championships AP ANDRE AGASSI struggled from the start. Jennifer Capriati faded at the finish. Both lost on Wednesday at the International Players Championships in Florida. The fourth-ranked Agassi was eliminated in the fourth round by unseeded David Wheaton, 6-0, 7-5. Agassi, who
      AP  -  597 words
    • Article
      More places for Volvo/Castrol championship
      336 13  -  By Cassandra How THIS year's Volvo/Castrol Amateur Open Golf Championship will accept double the number of entries it did last year. Two hundred and forty male and female golfers will vie for the 20 slots for the Asian final round at Bang Pra Golf Course
      336 words
    • Article
      Lock icon Sutton pays heavy price for neglect
      220 13 AP A MORE mature Hal Sutton is still paying the price for a case of too much too soon. "I was 25 years old and I'd conquered the world, so to speak," Sutton recalled of his early years on the PGA Tour. The 1980
      AP  -  220 words
    • SIDE LINES
      • Article
        Waddle puts Olympique Marseille ahead
        100 13 ENGLAND'S Chris Waddle unleashed a superb volley to end AC Milan's two-year reign as European Cup champions in Marseilles on Wednesday night and put Olympique Marseille into the semi-finals. The 75th-minute strike was full justification for the French team who had the best chances, but
        100 words
      • Article
        Jordan braves new venture
        119 13 AS WORLDWIDE recession hits Formula One and threatens the future of several of the smaller teams, Irishman Eddie Jordan has embarked on a massive gamble. Jordan, a 42-year-old former banker, has put together a US$2O million (Ss34 million) budget for a new Formula One team and
        119 words
      • Article
        Benefit for older players
        86 13 FIVE-TIMES Wimbledon winner Bjorn Borg will not have to labour in qualifying events for his return to the ATP circuit thanks to a change of rules. The Association of Tennis Professionals announced on Wednesday that any player aged over 35 who has been world number one
        86 words
      • Article
        Mora wins third leg
        77 13 COLOMBIAN rider Nestor Mora won the third leg of the 28th Catalan Week on Wednesday and kept the yellow jersey of overall leader in the five-day cycling race. Mora, who also won the first leg, covered the 207.5kms from Barcelona in five hours, 20 minutes and
        77 words
      • Article
        Robertson survives scare
        56 13 WORLD number two Chris Robertson of Australia was given a scare in the first round of the German Open squash championship by French qualifier Julien Bonetat on Wednesday. Robertson, promoted to number two in the world rankings earlier this month, came back from two games down to
        56 words
      • Article
        Court dismisses Tyson's suit
        97 13 MIKE TYSON's lawsuit seeking to block sanctioning of next month's heavyweight title bout between Evander Holyfield and George Foreman was dismissed on Wednesday in a federal court. Judge John Martin Jr. of the Southern District of New York noted in Tyson's suit against the World Boxing
        97 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      38 13 ■M^PP ■HBiKir mn KMTr rr rr b£S-^ REstal rg y E C 'J'SBB^* [j iJ MAI M E^\ fa.<t<»' r v uartfelt IsSlfe' &l P A ■BKS8& A Hi Vy. Jam B 'IKJB -^^|gPi^ f' t^/«f r _^__,^__^_____H!---^^J
      38 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      173 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE H ■rT 41 GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 5.00 PM. HAPPY HOUR ft DJ MUSIC: 8.00 PM TO 8.30 PM. BAND PERFORMS FROM 9.00 PM TO
      173 words
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      Page 16 Advertisements Column 2
      235 16 JV Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist Experience Hyatt Regency Singapore's new Scotts Lounge. i. fWjfgf Hyatt Regency Singapore 10-12 Scotts Read Singapore 0922 Td 733 11W Soooaatßa Steamboat Buffet,,^
      235 words
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      Page 16 Advertisements Column 3
      317 16 > delight you. Served amidst Jfc A_ a continental ambience IB graced by attentive [p Pl\/. \H<)i 11 Catch the Cuatro Calientes at the Bugis Lounge X»J. Singapore wtlcom*s bocfc *Th« Cuatro Calientes make their the sizzling four piece bond nightly appearance at 8 00pm the Cuatro Calientes. all the
      317 words
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      Page 16 Advertisements Column 4
      281 16 i BH^ If bJL SweJUi IjpM Swedish Smorgasbord I 1 March 22-31 K'fjgl I Lunch: Noon 2.30 pm Dinner: 7pm 10.30 pm I^JM [SB Adult: 36++ Adult: $45 f m-:-\ Child below 10: $18 Child below 10: $23++ ifiljl 1 We serve the world to you at The Belvedere f
      281 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      723 16 TELEVISION AMP RADIO /"V*7 fWkorlrvm saci2 business on radio y AA GG vAUAX 1. 7.00 AM CNN International (L). 1o!m Worid NmT* BBC, 89.9 n»Hz in VHF Band II rn/ 8.30 Close. 10.30 Layar Mutiara (cont'd). 7.10 am, 9.25 am, 1.30pm, HHMiyMjiPnß 805 oil JILTm* (C ep 27) 10 45
      723 words
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  • LIFESTYLE
    • Article, Illustration
      No fun and games here
      907 17  -  The Singapore International Film Festival opens this week to much anticipation. Claire Leow and Salil Tripathi preview two of the opening films one Czech, and the other from Sri Lanka Claire Leow Salil Tripathi MAKE no mistake. Larks on a String is not a Czech
      907 words
    • Article
      Can't help driving 'em dotty
      455 17 THE Sri Lankan film industry has much to be proud about, it' Under the Bridge is an indicator. Produced by Cicetha Kumarasinghe. the film is a sad, troubling portrayal of a good woman going to seed due to circumstances she can no longer control. She
      455 words
    • Article, Illustration
      Clapton's 4-year-old son falls to death
      370 17 CHATTERBOX THE 4-year-old son of legendary blues guitarist Eric Clapton fell out the 53rd floor window of a midtown apartment building in New York on Wednesday and died, police said. Connor Clapton landed on the roof of a five-storey building that houses the New
      370 words
    • Article
      Lock icon The cost of 'really' living v just living
      473 17 NYT IT'S always fabulous to be rich, and now it's gotten even more fabulous. Last year, for only the second time in eight years, the inflation rate for a sampling of luxury goods was essentially identical to the inflation rate for the
      NYT  -  473 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      176 17 AND ENTERTAIN High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. ii ANA HOTEL 16 NASSIM Hil l. SINGAPORE IC2V TEL: 732 1222. SINGAPORE Teochew Porridge Buffet Tkste typical Teochew
      176 words
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      Page 17 Advertisements Column 2
      56 17 __>. i I*- x The fresKest, liveliest seafood place in town. 1(ou 11 Kave to go a long way to find seafood any fresker. LuncK: 12 noon 2.30 pm. tP^ Except Sunday Dinner: 6.30pm 11.00pm. THE SEAFOOD PLACE LEVEL I THE PAN PACIEU HOTEL SINUAPOBE MAXIMA SQUARE. 7 RAFFLES BOULEVARD.
      56 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Lack of fresh factors causes prices to see-saw
      5049 18  -  By William Chia THE Singapore stock market alternated between profit-taking and bargain hunting yesterday, with share prices closing slightly higher. Brokers said the closure of the Tokyo market yesterday and Wall Street's lacklustre performance overnight failed to provide the local bourse with
      5,049 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4254 19 Main Board DBS Foreign 1300 +70 f 5.7% C;PBS$I.60 318 .34 12.0% NatSteel 895 20 +2.3% Keppel Wrts 448 f 20 +4 7% Spore Bus 500 645 15 2 4% Chem Ind 310 H5 +5.1% PM Hldgs 267 +14 f 5 5% SIA Foreign 1690
    4,254 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      153 20 Ctmm Bate Ymt OrMf IM N* Mntap Ores mm to praflt/tou (L) per skara dMdeed CWt) (cwrts) Pacific Cm Mar 18 Sap 90 $1.376l($591m) -(08) Kappai Ftnanca Mar 15 Oac 90 $5,276(15.169 64(80) 5(4) Vm dar Nam Mar 12 Sap 90 $2,451 ($1,902) 4 2(3.3) l(-) 6 Sacwftn
      153 words
    • Article
      PROPOSED ISSUES
      333 20 Company Rights Issue Mcom One tor-two w MSI 00 per share Issue ot 40m Cumulative Redeemable Preference Shares ot M$0 10 each at MSI pet share wrth 10m detachable TSR Mtsn One tor tour MS2 00 pet share Govge Rent One-tortwo a MSI 50 per share H Leant
      333 words
    • Article
      PRELIMINARY RESULTS
      416 20 Crnrnm Mi Yaar (imp pra-tax Nat iin*<i Graaa mm ta praflt/laaa (I) par star* ftM) (eaata) MTC Mar 18 Ok 90 M865,654(M852.409) 19(15) 37 2(218) OUB Mar 18 Dk 90 $85,6a ($75,497 27.6(24.4) 11(10) OIIE Mar 18 0* 90 $36,907($15.778) 20.2(7.4) 16(11) OUT Mar 18 Dk 90 $7,701(18.029)
      416 words
    • Article
      INTERIM RESULTS
      354 20 mm to praflt/tou (L) CM) Tank Cement Mar 19 Dec 90 M$24,111(M$20,998) 10(5TE) 0 HoMmp Mar 18 Dec 90 M$11,432(M$9,383) 8(-) Pin Pacific Mar 18 Dec 90 $1,884(11.586) GX Go* Mar 15 Dk 90 <5,091(1,513) Malarial H Mar 15 Dac 90 $549($502) FM Ins Mar 13 Dec 90
      354 words
    • Article
      CORPORATE DEVELOPMENTS
      468 20 Mar 20 Hwa Hoof Corp intends to relocate its edible oils refinery operations to northern China in order to be nearer to the source of raw materials. The output will cater to the Chinese domestic market and the balance, exported. LIM Group Investments Ltd proposed a one-for-two rights
      468 words
    • Article
      DIVIDENDS ANNOUNCED
      827 20 Cwrwt Ex Bodu Date Tatel far Utel far UfmmH date cfaM payafcfa tea yaar last yaar h**\ Find USSO 10(b) Mar 18 Mar 28 Apr 8 USJ010 A«m SITE Feb 25 Mar 7 May 15 12 5*TE 25%TE BAT 1048% Apr 15 Apr 26 May 10 1524% 100%
      827 words
    • Article
      RESULTS DUE
      602 20 Main Board Last Fui Year Company Penod Date Tor Net EPS Gran Net wiad nk( (cants) 4* profit last year (STJOO) CUB Pacfcapif mtenm Nov 13 Dec 90 29 7 132 11.616(e) BMT Intenm Jan 10 Jur 91 254 2 150 0 773 Apt» final Feb 16 Dec
      602 words
    • Article
      BONDS, LOANS & WARRANTS
      837 20 BONDS, LOANS WARRANTS Company Con version period Conversion term for om arOmry share CtC Wt Before 26/4 93 1 warrant plus $3 09 cash Causeway Loan Causeway MR ?/10 89 'o 20 10'94 1 warrant plus $0 77 cash or 1 warrant plus JO 77 nominal amount of loan stock
      837 words
    • Article
      APPROVED ISSUES
      219 20 Company Rights Issue H leonf Craft Two-forfive (a. MS200 per share Ex-date Feb 21 Books dose Mar 7 Acceptance Payment Apr 19 KL Murines One Kuala Lumpur Industries HkJgs Bhd share of MSI each for seven KM shares of 50 sen each Rtfits issue of one-for two (a.
      219 words
    • Article
      COMPANY MEETINGS
      237 20 Pubic Bank Bhd: 25th AGM at the Ballroom. Hotel Equatorial. Jalan Sultan Ismail, ***** Kuala Lumpur on Friday. March 22. at 11am Van Der Horst Ltd: 17th AGM at 11, Pandan Crescent. Singapore 0512 on Friday, March 22. at 10am Sunma Investments Ltd: EGM at the Boardroom, 10
      237 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      491 20 NOTICES In f» Mailer of The Companies Act. Cap. 50 And In the M«t>or of UNTTEO TRADBWINO MAE PTE LTD Nodes of Resolutions for Members' Voluntary Winding-Up (Punuant to Section 290) At an Extraordinary Qanaral Mealing of ma Members of Unrtad T radewmd M A E Pla Ltd duly convened
      491 words
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      Page 20 Advertisements Column 2
      287 20 THE COMPANIES ACT, CAP 80 YIK BROTHERS HOLDING PTE LTD (ifi MiiTiOfn voluntary Liquidation) At a general meeting of YIK BROTHERS HOLONG PTE LTD duly convened and held on 21st March 1991 the following apacid naiiilnii. was paaaed.SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section 290(1
      287 words
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      Page 20 Advertisements Column 3
      239 20 Bl THE MATTER OP IKB COMPANIES ACT, CHAPTER 80, AND M THE MATTER OP ARGO LAP AN SHIPPMG PTE LTD a. \ifi Mvmuvfs Voluntary Liquidation) PINAL MEETMG NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companiea Act Chapter 50. thai the FINAL MEETING of the Members of the
      239 words
    • Advertisement
      Page 20 Advertisements Column 4
      229 20 M THE MATTER OP THE COMPANIES ACT, CHAPTER 80, ANO M THE MATTER OP ARGO ENAM SHIPPMG PTE LTD Voluntary liquidation) PINAL MEETMG NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act Chapter SO. thai the FINAL MEETING of the Members of the abavenamed Company wiM be
      229 words
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      Page 20 Advertisements Column 5
      564 20 THE COMPANIES ACT CAP 50 LANDROL CONTRACTORS (PRIVATE) LIMITED (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting ol the Members of LANDROL CONSTRACTORS (PRIVATE) LIMITED duly convened and hetd at 101 Upper Cross Street »04-43 Peoples Park Centre Singapore 0105 on the 19tti day ot March. 1991. the following Special
      564 words
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  • KUALA LUPURt STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end off highs on lac of support
      3983 21 Bernama SHARE PRICES finished higher on bargain-hunting yesterday but ended below its highs on lack of followthrough support and the emergence of some profittakers. The KLSE Composite Index recovered 1.64 points to close at 581.10 after falling 15.08 points while the Industrial
      Bernama  -  3,983 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      459 21 A OIL&MONEY (J ASIA THE PACIFIC SINGAPORE, MAY 13 14, 1991 The third annual "Oil Money: Asia the Pacific" conference will take as it's theme "Beyond the Middle East Crisis". The program is designed to assist executives in energy, finance and trading to develop new strategies for the post war
      459 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks lose further ground in active trading
      2036 22 AP SHARE priccs on the Hongkong stock exchange closed lower for the second consecutive session in active trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, lost 22.25 points, closing at 3,661.16. Turnover amounted to HK51.613 billion down slightly
      AP  -  2,036 words
  • Article
    TOKYO STOCK EXCHANGE
    1634 22 Vol Mar 20 Yea High Low (TOO) Ajinomoto 1600 70 1650 1600 841 Akai 775 10 All Nippon Airways 1500 -40 1540 1500 1118 Asahi Breweries 1280 unch 1300 1270 654 Asahi Chem Industry 829 12 832 818 1898 Asahi Denka Kogyo 971 -29 1000 971 366
    1,634 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Interest rate remark dampens Aussie stocks!
      • Article
        AUSTRALIA
        897 23 THE Australian share market slid to a weaker close yesterday, despite initially greeting the release of December quarter national accounts figures with enthusiasm. Brokers said comments from economists that the figures did not necesarily spell the end of the recession, caused investors to retreat. The data showed that Australia's
        897 words
      • Article
        Untitled
        83 23 Clo* PwtaB March 21 SYDNEY AH Ordinaries Index 1,424.7 1.428.6 -3.9 All Industrials Index 2,201 I 2,200.3 +0.8 All Resources Index 830.3 837. -6.7 Turnover (million) 132.74 92.94 39.8 BANGKOK SET Index 878.70 876.28 2.42 Turnover (million baht) 4,350 5,300 -950 JAKARTA Composite Index 397.71 398.76 -1.05 MAHILA Composite Index
        83 words
      • Article
        MANILA
        578 23 PHILIPPINE share prices closed narrowly mixed yesterday in a market listlessly drifting towards a long Lenten holiday next week, brokers said. The Manila Stock Exchange composite index finished little changed at 989.30 points, up 0.21 from Wednesday's close. Declines outnumbered rises 54 to 17 on the two exchanges, but
        578 words
      • Article
        BANGKOK
        827 23 THAI stocks moved up slightly as major world indices showed little movement, brokers said. The SET index closed 2.42 points higher at 878.70 with 42,857,174 shares traded valued at 4,354.85 million baht. Siam Cement dropped four baht to end at 770 and Siam City Cement one to finish at
        827 words
      • Article
        TAIPEI
        430 23 SHARE prices in Taiwan finished lower almost across the board after early gains because investors lacked trading interest, brokers said. The weighted index fell 24.14 points to finish at 4,735.17 compared with Wednesday's 4,759.31 close. Turnover fell to NT$37 billion from NT545.9 billion. Dealers said slight selling in the
        430 words
      • Article
        SEOUL
        748 23 SEOUL'S stock market continued to buckle yesterday from downward pressure led by investors worried about tight money supply and end-of-quarter selling, brokers said. The composite stock index ended the morning session at 666.11, down 3.25 points, in slow trade dominated by rises in the electronic machinery sector. Brokers saw
        748 words
      • Article
        Untitled
        358 23 la local currency la S$ la US$ day year day year day year MAR 20 laden change change change change change change World 404.2 -0.9 12.9 -0.4 11.3 -1.2 9.0 $EAFE 535.8 -1.5 14.0 -1.0 10.4 -1.8 8.1 Europe 417.3 -1.0 14.5 0.2 6.7 -0.6 4.5 Pacific 888 7 -2.0
        358 words
      • Article
        NEW ZEALAND
        296 23 NEW ZEALAND share prices edged higher in very dull trading and brokers expect further trendless trading ahead. The Barclays Index rose an estimated 3.61 to 1,309.10. Turnover was dominated by Brieriey Investments, comprising $5.2 million of the $8.9 million of turnover. Brokers said that discounting the large Brieriey
        296 words
      • Article
        Lock icon JAKARTA
        600 23 Reuter PRICES on the Jakarta stock exchange closed mixed, with the index easing 1.05 points to 397.71. Brokers said tight liquidity had kept trading light. Inco was the most traded stock on the regular market. Turnover in Inco was 282,500 shares, but the price fell 200 rupiah to 4,200.
        Reuter  -  600 words
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  • WORLD STOCK MARKETS
    • Dow recovers slightly after a choppy session
      • Article, Illustration
        NEW YORK
        1297 24 US BLUE chips, straitjacketed by rising investors' caution one day after market leader IBM's shares took a drubbing, on Wednesday closed slightly higher in a session marked by lifeless, choppy trade. Stocks fluctuated in a tight range all day, and eventually ended in positive territory by mid-afternoon when
        1,297 words
      • Article, Illustration
        LONDON
        788 24 UK STOCKS moved ahead sharply by yesterday's midsession as buyers regained some of their lost confidence following a relatively stable performance from Wall Street. Dealers said early indications in London were that the New York market would be modestly firmer at the opening. "The market wanted to go better
        788 words
      • Article
        AMSTERDAM
        274 24 DUTCH shares opened firmer yesterday in line with a stronger start by London, but dealers said the move lacks conviction and may tail off by the end of the day. The CBS general tendency index was 0.8 firmer at 93.2 at 0947 GMT, in moderate trade. Steel and aluminium
        274 words
      • Article
        Untitled
        79 24 March 20 Cloac Previous NEW YORK Dow Jones 2.872.03 2,867.82 +4.21 NYSE Financial 142.55 142.73 -0.18 SAP 500 367.92 366.59 +1.33 Turnover (million) 197 177 +20 LONDON Financial Times 30 1,937.7 1,947.1 -9.4 FTSE 100 2,441.2 2,459.0 -17.8 Turnover (million) 558.3 619 -60.7 AMSTERDAM CBS Tendency Index 92.4 91.8 +0.6
        79 words
      • Article
        BRUSSELS
        179 24 BELGIAN shares made modest gains at the yesterday's opening following the small recovery on Wall Street but trading was thin, at about 100 million francs in early trading. "The market is well oriented but volume is thin," one dealer said. The Brussels Bel2o real-time stock index was quoted at
        179 words
      • Article
        FRANKFURT
        189 24 EARLY gains for German shares were reversed in the course of the session yesterday, but the losses were braked when the 30-share DAX index neared an important chart support level at 1,520 points. The 30-share DAX index ended 1.67 points higher at 1,519.59. It had hit an early high
        189 words
      • Article
        PARIS
        263 24 FRENCH share prices began higher on the first day of the bourse account, helped by positive tones on Wall Street last night and on the German stock market and French bond market in the morning, dealers said. The CAC-40 index started at 1,775.67, up 23.45 points from last night's
        263 words
      • Article
        JOHANNESBURG
        354 24 JOHANNESBURG stock market yesterday displayed no obvious reaction to Wednesday's mildly expansionary South African budget yesterday morning, dealers said. Trading was slack, they said, adding that any reaction is likely to be slow in coming as the market continues to digest the details. Feelings are that the budget will
        354 words
      • Article
        TORONTO
        215 24 TORONTO stocks drifted in late trade to close moderately lower in cautious; dealing, one day after IBM sent the market reeling, dealers said. "It's pretty easy for people to talk themselves of jumping in now," said Ben Joyce, an analyst with Burns Fry Ltd. •> The composite index lost
        215 words
      • Article
        STOCKHOLM
        100 24 THE Stockholm bourse general index rose 0.88 per cent to 1,087.10 in brisk early trade after two consecutive days of sharp declines. Declines earlier this week were a result of the European Commission's decision to launch an anti-trust probe into Tetra Pak's bid on Alfa Laval last month. The
        100 words
      • Article
        Lock icon ZURICH
        375 24 Reuter SWISS shares closed quietly easier on,. Wednesday but above earlier lows, as Wall Street's steady opening lifted market sentiment, dealers said. The All-Share SPI index lost 5.8, points to 1,023, off a day's low of,, 1,018.8. The SMI blue-chip index eased 9.4 to 1,577.3, after bottoming-out earlier at
        Reuter  -  375 words
      • Article
        Untitled
        118 24 Milan MAR20 Lire Ass Gen ***** 320 Bastogi 278 7 Fiat 5609 f 58 Finsider susp Ifi Priv ***** +720 Italccmcnti Ord ***** 100 Italgas 2910 35 Magneti M Pf 899 22 Mediobanca ***** 220 Miralanza Mondadori Priv susp Montedison 1549 12 Olivetti Ord 3711 +25 CMivetti Priv 2600 10
        118 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Central banks intervene to undercut dollar's strength
      1209 25 REPORTS EUROPE'S central banks attacked the US dollar repeatedly yesterday, selling the US currency in a concerted action to undercut its recent strength. Meanwhile, share prices rose strongly in leading financial centres as dealers gained confidence from a stable performance on Wall Street.
      1,209 words
    • Article
      INTERBANK FOREX RATES
      391 25 Cross rates Mar 21 I USS SS M$ Dm Yen SFr AS NZS USS 1.7685 2.7435 1.6355 137.90 0.5582 1.4110 1.2995 1.6779 SI 0.5655 1.5513 0.9248 0.7798 0.3156 0.7979 0.7348 0.9487 MS 0.3645 64.46 0.5961 0.5026 0.2035 0.5143 0.4737 0.6116 Dm 0.6114 1.0813 1.6775 84.32 0.3413 0.8627
      391 words
    • Article
      MONEY MARKET
      570 25 Interbank rates S$ BId Offer Overnight 4 4 1/8 1-month 4 7/16 4 9/16 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 4-3/16 l.'S> Bid Offer 7 day* 6 3/4 6 7/8 1 month 6 7/16 6 9/16 2 months 6 7/16 6 9/16
      570 words
    • Article, Illustration
      Lock icon Recovery taking place on a broader front: Keating
      287 25 Reuter AUSTRALIAN Treasurer Paul Keating said official interest rates will not fall on the basis of December quarter gross domestic product (GDP) data. Mr Keating was asked at a news conference whether the data showing 0.6 per cent GDP growth in the
      Reuter  -  287 words
    • Article
      FINANCIAL FUTURES
      1133 25 SMNEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.30 93.32 93.28 93.31 6236 ***** 7447 Sep 91 92.93 92.95 92.90 92.94 2000 6133 23% Dec 91 92.45 92.48 92.44 92.47 660 8939 453 Mar 92 92.26 92.29 92.25A 92.27 250 4620 407 Jun 92
      1,133 words
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  • COMMODITIES
    • Article
      Lock icon Iraq's rebuilding of oil industry likely to be slow
      362 26 Reuter THE TWIN burden of economic sanctions and political turmoil is expected to stifle for years Iraq's efforts to rebuild its crippled oil industry. US experts say Iraq's time table to restore oil exports has been stalled by rebellions in northern
      Reuter  -  362 words
    • Article
      Lock icon Malaysia's natural rubber output in January up 9pc
      355 26 Bernama MALAYSIA'S production of natural rubber rose 9 per cent, or 10,999 tonnes, to 135,635 tonnes in January this year from 124,636 tonnes in December, 1990, the Statistics Department said on Wednesday. In its latest monthly rubber summary, the department added that
      Bernama  -  355 words
    • Article
      KL tin price remains unchanged in thin trade
      834 26 REPORTS THE PRICE of tin ended unchanged in thin trading at MS 14.83 per kg on the Kuala Lumpur Tin Market yesterday. Dealers said the KLTM managed to hold on to Wednesday's levels because of the low offerings and the almost unchanged
      834 words
  • Article
    PRICES
    1428 26 Rubber M«r2i ■MffafchHaa) ScentVfcg Noon Clot Int I RSS Prompt 142.50/143 50N 142.75/143 75N Inl I RSS Apr 91 144 50/145 00 144 75/145 25 Int I RSS May I47.2VI47.73 1 47 50/148.00 Int 2 RSS OP 142 00/I4400N I42 00/I44 00N Int 3 RSS OP I37.00/I39.00N I37.00/I3900N Int
    1,428 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      783 26 notices M THE MATTER Of THK COMPANIES ACT, CAP. 98 AMD IN THE MATTER OP RMONB-POULENC CMNME SINGAPORE PTE LTD (In Mimb»n' Voluntary I IjMldaMon) NOTICE OP SPECIAL AND OMMNARV RESOLUTIONS [Purauant to Section 290(2)<b)] At an Extraordinary General Moating of th> Company hold at 14 Chin Baa Road, Jurong,
      783 words
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      Page 26 Advertisements Column 2
      686 26 IN THE MATTES OP THK COMPANIES ACT (CftirTßH) AND IN THK MATTES OK HONG SHINN REALTY (PTE) LTD. M *■>***' Vai—tery WMhf-Up) NOTICE or PINAL MEETING NOTICE 18 HEREBY GIVEN that pursuant to HecUon 306 of the Companies Act (Chapter 50), that the Final General MeeUng of the Members of
      686 words
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      Page 26 Advertisements Column 3
      12 26 Your search lor EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE 1 APPOINTMENTS page
      12 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1088 27 FMgfct ETA Fight ETD AfaiKaM GA975 1125 GA887 1225 MlliMl SQ228 1900 Q F 8 8 8 T21/2 2330 QF5 2000 »wtT«M SQ23 0740 KL840 2150 GA975 1125 SQ24 2300 KL839 1455 MM NZ25 1825 BAH 1225 SQ325 2115 NZ26 2150 ■alarala GF148 0915 B Sari
    1,088 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Shifting centres back into balance
      787 27  -  POSTCARD FROM WALES s s s By Denise Heywood AN OLD schoolfriend rang on her return to England after 10 years in Hongkong and suggested we spend a weekend away. I pictured us in a country house hotel quaffing champagne breakfasts in bed and readily
      787 words
    • Article
      MONEY CHANGER RATES
      148 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.334 1.374 Canadian dollar 1.314 1.324 NZ dollar 1.03 1.08 Sterling pound 3.130 3.18 US dollar 1.7630 1.7730 Local Mian to 100 wilts of foreign ewmey Austrian schilling 13.10 16.10
      148 words
    • Article
      WORLD TRADE EXHIBITIONS
      64 27 Duration Title Venue Ogggr Td April Expo-Opt ica Spain IFEMA ********** April 17th International Centre Fundacion El ($41)*****25 5-22 Book Fair A Municipal de Libre Exhibition Exposiciones Buenos Aires Duration Title Venue Organiser Td April International Barcelona Foire de (34)3/423.31.01 &-I3 Construction Fair Barcelone (FOIM) April International
      64 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      42 27 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77. We know Europe from start to Finnish.
      42 words
    • Advertisement
      Page 27 Advertisements Column 2
      399 27 Welcome to the Robot Republic Pressed by labour shortage, companies big and small are rushing to automate everything from assembly lines to warehouses. Economic planners say even more companies [If will seek to mechanise to improve the job environment, iff 1 J product quality, and their competitive edge in an
      399 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      276 27 1 Her services are offered occasionally for a small charge (4-6) 6 Venomous creatures writ- ing out pass incorrectly (4) ~~THT taj"™^B"~""■Br""" 11 Neat figure round hips to be arranged 14 flßß^Bj for the hanger-on (8) 13 Quite proper, though blue 1111 1 1 I I I 1 Paling as
      276 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      209 27 Singapore Outlook: Showers over many areas ia the morning. Forecast Maximum temperature 32.0 Assoc humidity 68% Minimum temperature 25.2* C Assoc humidity 96% Hours of sunshine 5.80 Rainfall in mm Nil Rainfall this month 12.7 Rainy days this month 2 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/15 Fair Bangkok 34/26
      209 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      25 27 USkiJyyftElWllflWEl in RCaOinG TUC ft*D WMRT's noße QUOTC OUR 55® «3? |g?.lS^Lv SS^SfS 1 u»™T "SS. r P\Rf\CLC Conro€NT,M(j 0364 e EVCMNO STAMOAftO CO LTD.
      25 words
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  • Article, Illustration
    Waterside sales exceed promoters' expectations
    403 28  -  148 units sold in eight hours for a total of 106 m By Salil Tripathi IN A RUSH that exceeded the expectations of its promoters, 148 of the 168 units of The Waterside, OCBC's prestigious Tanjong Rhu condominium project, were sold yesterday for a total
    403 words
  • Article
    No returning of Golan Heights: Israel
    335 28 ISRAELI Defence Minister Moshe Arens reiterated on Wednesday that the Golan Heights, captured from Syria, are "an integral part of the State of Israel." The Golan has become an issue following Syria's participation in the Gulf War coalition and the resumption of US efforts
    335 words
  • Article
    Four local companies plan joint ventures in Egypt
    556 28  -  By S N Vasuki FOUR SINGAPORE companies are exploring possibilities of establishing joint ventures or making equity investments in Egypt. This was disclosed to BT yesterday by Mrs Zeinab Mahmoud Morcy, head of the Egyptian embassy's commercial and economic section in Singapore.
    556 words
  • Article
    Smaller plots allowed for houses in certain areas
    424 28  -  By Elaine Koh PLANNING guidelines for landed property have been selectively relaxed to allow for houses in certain areas to be built on smaller lot sizes and to have varied designs. The guidelines set out by the Urban Redevelopment Authority yesterday take
    424 words
  • Article
    Lock icon Aussie economy pulling out of recession
    178 28 AFP RISING exports and slowing imports combined to boost Australia's gross domestic product (GDP) and drag its economy out of recession, according to official data released yesterday. But analysts were virtually unanimous that while the slump may now have bottomed, it is by no
    AFP  -  178 words
  • Article
    Lock icon Aussie banks must economise on capital, says central banker
    286 28 Reuter AUSTRALIAN BANKS must economise on their use of capital in the 1990s because of the high level of their bad debt write-offs and non-performing loans, says Reserve Bank deputy governor John Phillips. About one-third of Australian banks' capital was tied
    Reuter  -  286 words
  • Article
    Lock icon French minister warns against unilateral debt action
    273 28 AFP FRENCH Economy and Finance Minister Pierre Beregovoy has emphasised the need for continued multilateral treatment of countries' debts in an apparent criticism of an American move to cut Poland's debt to Washington. Creditor countries should "maintain multilateral treatment of debt because it
    AFP  -  273 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      258 28 Nikon The World's Finest Photographic Systems LOST SHARE CERTIFICATES The following Share Certificates/* together with the relevant signed transfer deed* have been reported lost or destroyed:AMCOL HOLDINGS LIMITED Certificate No. In the name of Wo. of Shares *****13/4 Hong Kong 2x1,000 Shanghai Bank (S) Noms Pte Ltd APOLLO ENTERPRISES LIMITED
      258 words
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      Page 28 Advertisements Column 2
      16 28 Senate blocks US aid to Jordan, Pg 9 Japan may strengthen ties with Israel, Pg 9
      16 words
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      Page 28 Advertisements Column 3
      131 28 Nikon The World's Finest Photographic Systems Poehl outburst unlikely to hurt EC talks, Pg 8 WHICHEVER WAY YOU SEE IT IT STILL LOOKS FABULOUS m I THE inter HOME collection Forever Exclusive I m Forever Luxurious Jk r «iypn H —i—.— s I f GENE sofo suite H Luxurious sofa
      131 words
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  • Shipping Times
    • Article
      CIAS to build warehouse outside Changi Airport
      389 29  -  Completion of centre at Loyang Way expected by 1993 By Jean Wee GROUND handling agent Changi International Airport Services (CIAS) will be expanding its operations with a new warehouse outside Changi Airport. Construction of its Changi International Logistics Centre, the first to be
      389 words
    • Article, Illustration
      Lock icon World airline industry likely to incur US$ 2b loss this year
      407 29 Reuter THE world airline industry suffered major losses in January and February and will probably lose more than US$2 billion this year, the head of the International Air Transport Association (lATA) said in New York on Wednesday. "I would
      Reuter  -  407 words
    • Article
      Lock icon Vickers to cut 5,500 jobs
      170 29 FT THE UK government's defence review claimed its single biggest casualty on Wednesday when Vickers Shipbuilding and Engineering Ltd (VSEL) announced it would shed as many as 5,500 jobs within five years at its Barrow-in-Furness submarine yard. Noel Davics, chief executive of VSEL, said the
      FT  -  170 words
    • Article
      Lock icon EC to complain after US rejects move on Airbus issue
      377 29 Reuter THE US has rejected an attempt by the European Community (EC) to improve its legal defence in a dispute over German subsidies on Airbus aircraft, trade officials said on Wednesday. The EC responded that it would complain to a
      Reuter  -  377 words
    • Article
      Lock icon Kuwait gets insurance payment for jets Iraq took
      202 29 AP AN AIRLINE industry official on Wednesday undermined Kuwait's claim to airliners seized by Iraq, saying Kuwait Airways was compensated by insurers. "They were paid for by the insurance." said Gunter Eser, director-general of the International Air Transport Association. Kuwaiti Airways' New
      AP  -  202 words
    • Article
      Lock icon British shipowners hit out at UK budget
      178 29 Reuter BRITISH SHIPOWNERS have attacked the UK 1991/92 budget as insufficient to prevent a decline of the home-flagged fleet. The two key measures sought by the General Council of British Shipping (GCBS) were a 100 per cent ship allowance in the year of
      Reuter  -  178 words
    • Article, Illustration
      MISC haulage unit spends M$ l6m in prime movers
      296 29  -  By rahita Elias MALAYSIA'S MISC Haulage Services, launched earlier this month, has invested Msl6 million (5510.3 million) in 70 prime movers, to form the backbone of its trucking fleet. For a start, the Malaysian International Shipping Corp subsidiary will run a
      296 words
    • NEWS SUMMARY
      • Article
        Time to make use of leasing
        34 29 YESTERDAY we discussed some of the problems in getting ship financing. Mariner of the International Transport Journal discusses some alternatives to the traditional forms of financing Page 2
        34 words
      • Article
        Hagen waiting lor better Nedlloyd offer
        50 29 NORWEGIAN INVESTOR Torstein Hagen is expecting a better ofTer from Dutch shipping group Nedlloyd, which last week rejected his bid for three seats on its supervisory board. If no better offer comes "we have our contingency plans", Mr Hagen told Lloyd's List Back Page
        50 words
      • Article
        Eastern pleads guility to maintenance scheme
        64 29 EASTERN AIRLINES, which stopped flying in January after years of financial and labour problems, pleaded guilty on Wednesday and was fined US$3.5 million for trying to block an investigation into its maintenance practices and other safety-related crimes. The airline acknowledged participating in the conspiracy
        64 words
      • Article
        Boeing in French, German tie-ups
        25 29 BOEING Commercial Airplane Group announced in Seattle on Wednesday new business agreements with French and German airplane companies Back Page
        25 words
    • LOG BOOK
      • Article
        American President buys back shares
        81 30 AMERICAN PRESIDENT COS, the Oakland, Californian shipping concern, repurchased on Wednesday about 3.8 million shares of its common stock from Itel Corp at U5520.50 a share. The company said it would complete the repurchase using cash reserves and money provided by a new US$lOO million
        81 words
      • Article
        Argentina to sell state assets
        63 30 IN 1990 Argentina sold its EnTel telephone company and the Aerolinea, Argentina's airline, in deals worth US$47O million cash and US$7 billion in its foreign debt paper. This year it plans to sell off railways, power utilities, port facilities, natural gas distribution, Buenos Aires' waterworks
        63 words
      • Article
        Six oil rig workers hurt
        70 30 SIX OIL WORKERS aboard the Ocean Bounty exploration rig in the UK North Sea were injured when it was struck by its supply vessel the Lowland Prowler, rig charterers London and Scottish Marine Oil pic said. The collision caused a fire on the rig which
        70 words
      • Article
        Cypriot ship due to be towed
        60 30 THE CYPRIOT FREIGHTER Akranes which has lost its rudder, is due to be towed to a port by the tug Thunder, Lloyds Shipping Intelligence said. The 7,611-dwt Akranes left Kotka, Finland on March 6 but was drifting in the Atlantic, northwest of the Azores.
        60 words
      • Article
        Refinery's mooring opens
        77 30 CHEVRON CORP said one of three offshore moorings at its El Segundo refinery near Los Angeles is open following an oil spill earlier this week. The open mooring is used for crude oil. Two moorings were closed after a pipeline to one was damaged by a ship's
        77 words
      • Article
        Ship aground off Italy
        48 30 THE SWISS-REGISTERED Martin P. 6,349 dwt, is aground in Piombino, Italy, after taking on a cargo of steel rails, Lloyds Shipping Intelligence Service said. Tugs have so far been unable to refloat the vessel, part of whose cargo will probably have to be unloaded.
        48 words
      • Article
        Arms cargo confiscated
        67 30 A DANISH-REGISTERED ship was stopped in the Greek port of Piraeus on Wednesday and its arms cargo confiscated. Police said the 396-ton Pegasus carried five containers of anti-tank weapons and 273 tonnes of other arms and explosives and did not have permission to transport them through Greek
        67 words
    • Article, Illustration
      Lock icon Time to make use of leasing
      1090 30 Yesterday we discussed some of the problems in getting ship financing. Here, Mariner of the International Transport Journal discusses some alternatives to the traditional forms of financing International Transport Journal MAJOR leasing companies exist to finance almost every industry with the exception of shipping,
      International Transport Journal  -  1,090 words
    • Article
      VERITAS BUNKER MARKET REPORT
      609 30 Cartoon Mar 18 DerartyWater Residue M Muminun Stdmnt MM Enon KG/M'3% V/V M/M M/M PPM mettwd ISO/C<mac fcrwts Spec E25 ***** 15 0 0 10 30* 010* Spec G35 ***** 18 0 0 15 30* 010* Northern Ernpe 180 Ave 9840 2 12 9 0 05
      609 words
    • Article
      THE SHIPPING GUIDE
      12400 38 I lus 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
      12,400 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        662 45 toy BHi Am it Departure Kappd Wharves Cora Pass 014 (P) K29 2103/1800 Gloria Ace 7 K30 ator«side 21.03/1700 Kota Akbar E390 K32 26.03/0600 Kota Motek E 892 K31 ato<*side 23.03/0600 San Juan 36EB C10 atongs.de 23 03/0700 Trans F|ord 195A Kil ator*s*Je 21 03/2300 Xmheng 9103
        662 words
      • Article
        CONTAINER SCHEDULE
        1374 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Booking/Balance Rsfts Ship Voy No Etb/Btr Period From To From H Waiba 58A 25/0700 4 22/1200 22/1*59 22/1700 Anro Aust ***** 23/0800 1 21/1500 21/1659 21/1900 2 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 Anson *****N 22/2359 1 21/1500
        1,374 words
      • Article
        IN MALAYSIAN PORTS
        273 45 N—gPirt Berth in Butterworth on March 22: 1: Kurma Sejati, 2: Santos; 3: Bangkhunprom, Malayan Success. 4: nil; 5: Kota Pahlawan; 6; Bunga Seroja Penang Wharf; NB Chin Tsair Jin; CB: Cipta Raya; SB: KD Paus. Deli Lestari BCT: Bl: Anangel Spirit; BN: Iron Will; l/B: ml
        273 words
    • Article
      DAILY FREIGHTS
      1012 45 THE PHYSICAL freight market on Wednesday attracted active time-chartering at softer rates with the Baltic Freight Index down nine points, but the outlook remains steady, brokers said. Time-charters, coal and ore have held up well and thin fixture lists over the past few days reflected the approach of
      1,012 words
    • Article
      Hagen waiting for better offer from Nedlloyd
      349 46 Norwegian investor says he has contingency plans NORWEGIAN INVESTOR Torstein Hagen is expecting a better offer from Dutch shipping group Nedlloyd, which last week rejected his bid for three seats on its supervisory board. If no better offer comes "we have our contingency
      349 words
    • Article
      Lock icon Boeing in French, German tie-ups
      224 46 AP BOEING Commercial Airplane Group announced in Seattle on Wednesday new business agreements with French and German airplane companies. Boeing and Germany's Deutsche Airbus-Deutsche Aerospace have agreed to work together to study a possible supersonic transport (SST) plane, Boeing said. The company also announced it
      AP  -  224 words
    • Article
      Lock icon Navistar expects higher Gulf sales
      213 46 Reuter NAVISTAR International Corp sees renewed opportunities to expand its export business to the Middle East with the end of the Gulf war, chairman James Cotting told shareholders at the annual meeting in Chicago on Wednesday. "We're stepping up efforts to build a strong customer
      Reuter  -  213 words
    • Article, Illustration
      Lock icon Eastern pleads guilty to maintenance scheme
      306 46 AP EASTERN AIRLINES, which stopped flying in January after years of financial and labour problems, pleaded guilty on Wednesday and was fined IJSS3.S million for trying to block an investigation into its maintenance practices and other safety-related crimes. In the agreement between US federal
      AP  -  306 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      251 29 SWEE HBK NETM CO PIE LTD U TUA3 AVE 14. SINGAPORE 72*1 TELEX R9 2067# 3MMCPL TEL: Ml MSS (SlnM) m(FAI:MI2M« Mk Wf«|(oi MJ4SMrr« ill WitilNnl 1,1 MJ Ami Bfcii ***** l Q«ctl< tarun limLUßm* lpo BSS3 MWAfOM. MALAtaU O«MI A LPO rMt.iSmMU V MMMA ft ivn ww n, S
      251 words
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      Page 29 Advertisements Column 2
      50 29 Air Forwarders 15 Air Freight Schedule 16 Container Schedule Courier Services 15 Cruise Ferry Schedules 16 Datfy 1' Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shipsales Tanker Rates 16 Ships in Port W Singapore Tides 17 Transport Diary 2 Weather and Sea Condrtnns 17
      50 words
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      Page 30 Advertisements Column 1
      89 30 FOR SUCCESSFUL MANAGEMENT OF YOUR ,US,MI V? Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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      Page 31 Advertisements Column 1
      2283 31 200 Cantonment Road #12 05 Southpoint, Singapore 0208 \tllf/ telex no rs ***** MRira TERMINAL,'CFS Tel *****18 220 rCOfiOul BOOKINGS TH *****34 258 wy M PESAKA JARDINE SHIPPING AGENCIES SON BHD fORT KELANG TEL: *****18 TELEX NO MA*****/MA***** SSS PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 D«>Jiccitfd h>
      2,283 words
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      Page 31 Advertisements Column 2
      1235 31 MDEX Tomjffiijsgs 1% Col Pace Col X Lloyd Triestmo 4 1/2 Lucky Seaway 15 3 ABC Containerline 12 I Lykes Lines 5 I Accord Group 8 1-3 rj AFS 15 2 Ahrenkiel Liner 16 3 Alfred C Toepfer 15 5 g 2!« nns 5 2 Mac-Neb Agencies 14 1/2 Anglo
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      Page 31 Advertisements Column 3
      2393 31 ■BMWII NEXT VESSEL TO USA MAREN MAERSK V 9104 ETA 26/3/91 Vessel Voy EfA ETD "Port "Penang Singapore Kel.ng DESTINATIONS ih«s «ee« Marer Maers* er by )E9S^^^3E^E^C2!Z9E9GS^3223BCXZ!!9ESS9!^H^HII^ /e/3 oeoo HRS Farco CFS Z»0 MRS M Tauro OAK LGB MOU MEM ATI MIA CMS BAt PML NYC MON TOR MAREN MAERSK
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      Page 32 Advertisements Column 1
      1282 32 m M. J VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP L£ HAVRE BBB|H KAMAKURA 16/311 25/3 17/4 13/4 16/4 17/4 jVttUB! KASUGA I 14/112 1/4 21/4 19/4 18/4 MONTE ROSA 12/312 31/3 17/4 19/4 22/4 23/4 L AU WESTBOUND P. ELBE 04/113 4/4 25/4 23/4 22/4 KCUUK ft KJIANG CARGO
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      Page 32 Advertisements Column 2
      542 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 30/3 13/4 16/4 21/4 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CALLAO SAN (PERU! ANTONIO SEASPAC I 30/3 4/5 5/5 8/5 9/5 10/5 Callao or Santiago via Valpa
      542 words
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      Page 32 Advertisements Column 3
      1364 32 I E9VBBABIA &XKB ■fcliW REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9103 3 25/03 15/04 16/04 20/04 21/04 22/04 23/04 24/04 25/04 NORASIA SUSAN 9104 3 02/04 22/04 23/04 27/04 28/04
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      Page 33 Advertisements Column 1
      2064 33 SgSteamers Maritime Holdings Ltd P&O MM STRAITS SHIPPING ■BRfAi i yWy —yw^ Containers m**"*"LAUST MAERSK 9104 B I€R-17,03 2203 05.04 0»W 0904 1104 »rn»T« mir (All t TABLE BAf QMt LIB -1903 23,03 09 04 1104 IMM CARGO »o» No Pw; Pkl S poee AH Sou Ant Rot Hb| RAJAH
      2,064 words
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      Page 33 Advertisements Column 2
      1930 33 v oak ica cm fos sav no* ntc htc mm say cm ica oak ggAff.Jfggg.P-U». UJ JM JM *4 ASIAN SCN «A 107 11,1 W 4/2 »/2 I*2 »2 2M ?JESS5 C «XKI2",P..y 1 22 25 m IVS GCRHAN SIN «A 101 Ifl W2 12/2 U/2 2M 27/2 27/J fuLnSJli
      1,930 words
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      Page 33 Advertisements Column 3
      394 33 WMMiFULWttTmT&ui'Jtnftii mum/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS ucmc. ETA ETA VOY SPORE PKL COSMIC TRADER It IN PT SID SEKI PINE V 25/3 27/3 COSMIC PIONEER 12 SLD IN PT MELICIA 29/3 30/3 COSMO ANGEL 2 1/4 ORANGE MOON 11 1/4 3/4 TRANS AUTO 27 3/4 SCA
      394 words
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      Page 34 Advertisements Column 1
      791 34 Rilii CR NBR 11M*****00-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUMPE VSLiVOY S PORE RDAM<ADAM H BURG BREMEN ANTWERP SRIWIJAYA/31W8 29/3 6/5 12/5 16/5 206 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO 3ub|«ct to Inducement Also accepting cargo to Casablanca. Port Said, Port Alexandria, Oonoa. Trtoato. ALSO ACCEPTING BOTX CONTAINERS. CONVENTIONAL CARGO
      791 words
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      Page 34 Advertisements Column 2
      736 34 HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LA* OAK S'port LEH RTM ANR HAM BRV FEL HANJIN NASAN 063E 25/3 DIRECT 15/4 11/4 HANJIN SEATTLE 017W 27/3 114 14 4 154 15*4 16,4 17/4 HANJIN LEHAVRE 012E 1/4 H CHUNGMU 076E 29/4 2/5 HANJIN HAMBURG 005W 3/4 20/4 21/4 22,4
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      Page 34 Advertisements Column 3
      1290 34 d -1 Ira cu>,t[jm 5U tT? II s 'V? HRT OSK NCY SM2 TVO LAX CHS BAL NYC LHV ANN ROM THP MSG PSD CMS PKL SGP I CIEAMV K ■21/3 In Pt 27/3 2*3 30,3 2/4 4/4 *4 ?/4 M 9/4 20/4 2/5 4/5 6/S IS/S I*S 17/5 14/5
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      1962 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE 27*0119 USA SERVICE *****16 AUST/INDIA/PAK SERVICE -*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44^*****4 CFS: K27 IMPORT: CFS: K27 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Ke<ano-(03) *****87, Pen»M-(04) *****0, J.Btf»ru-<O7) *****3,
      1,962 words
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      Page 35 Advertisements Column 2
      1066 35 r»gP i SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VESSELS VOTMt |SPO«t |»ANiU HKONC VQYACI SHHK PKLANC HtURC RHAVEN TIUURY HOTT ANTWERP
      1,066 words
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      1695 36 K j m/m AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No 1244******0*1) TEL *****77 TELEX KAWAKI R*****5 FAX *****79 M BV MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD I A TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. INDONESIA P TSARANAIAUT INTERNUSATEL JKT SWU6 570M5/*****
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      Page 36 Advertisements Column 2
      1225 36 \?m PHIII-OMCNT UN€S PTC LTD 108 ROBINSON ROAD #0/00 GMG BUILDING SINGAPORE 0106 X rEL *****22/*****6^*****00 TELEX RS ***** PHILI FAX *****76/*****38 djtf: -v BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGFIT FORWARDERS ASSOCIATION 25 MAR MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO.
      1,225 words
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      Page 37 Advertisements Column 1
      1543 37 PACIFIC INTERNATIONAL LINES (PTE) LTD S i Sfl T'Bg J JmU/tt PIL Building, 140 Cecil Street *03-00, Singapore 0106. I JAKARTA ~1 I BANOKOK ~1 VESSEL VOY SIN JKT SIM VESSEL VOV SIN BKK SIN KOTA JADE 9ioe 23/3 M/ 3 29/3 INGENUITY 12SN 23/3 26/3 30/3 HAI GUANG *103
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      Page 37 Advertisements Column 2
      1119 37 if BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 JjA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL I VOY NOS I SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Bunoa Suria f 078 26/3 12/4 13/4 15/4
      1,119 words
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      Page 37 Advertisements Column 3
      105 37 m BEN ASIA CONTAINER SERVICE I "S pore B hofc Ingenuity VI2SN 23-24 Mar 26-27 Mar Pegasus Progress V66ON 26-27 Mar 29-30 Mar Ingenuity VI26N 30-30 Mar 2-3 Apr Pegasus Progress V66IN 02-03 Apr 05-06 Apr General Agents: Tel: *****22 Ben Line Agencies (S) Pte Ltd Fax: *****63 <Natlou*l Carrier
      105 words
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      Page 37 Advertisements Column 4
      350 37 tegft MYANMA FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PATHEIN VIIOW In Port PAGAN VIM* 27 Mar THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I BUNKER SURCHARGE CONTR USD
      350 words
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      682 40 TO AUSTRALIA/NEW ZEALAND [~VS[ Em iFrani iMtlb tSytf |Awk |NPE |P CHAIN ANTWERPEN *7 fiji S/3 M M 11/4 U/« 1M TNT EXPRESS 2H 2M 1/5 7fl uii 15/5 1W »5 ELLEN MUM 6 in 55 wis 22/5 S/5 H 4/t MUSSEL 271 vji iH M lit lti xli 2W
      682 words
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      Page 40 Advertisements Column 2
      1407 40 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG JKT I SIN I HKG KAO KEE TYO SMT NGO KOB II VESSEL VOY [SIN I PKL PNC BLW SIN TSK CHORUS 178 *23 3 21 3 26 3 30 3 1 4 5 4
      1,407 words
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      Page 40 Advertisements Column 3
      1400 40 tSiS*i6#.a-s] "N S? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TEL 2*1900 j' 2. MISTRI ROAD, HMC BUILDING TELEX: RS MHO COSHIP #15-00. SINGAPORE 0207 CR NO 11T*****000K1 CABLE: COSTARLINE General Agents: 006 TAR IUVPING PTE LTD 70 HONGKONG AMO CHKA i I, VESSEL VOY SCP HKC SWA XIN
      1,400 words
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      871 41 wc cowviMiowArmvi^^^^^^ PHI PNC P C KuHinf to. A VESSEL 28/03 Rotterdjirv Antwerp CHINA ruu COWTAWH SMmot SCP PKL BKK MKC QIN SHA ItKSJtS 0 00 147 OM>4 07/04 12,04 18/04 YANCFANGKOU 149 03/05 04/05 0805 13/05 19/05 Alto *uanting otter chinn* oorti <u HKG AWTMimt/pwwmiiAii ruu cowtainm mvici V
      871 words
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      Page 41 Advertisements Column 2
      248 41 ra^=rr™«NC,E S (S) PTE LTD S TEL: *****33 (12 Linos) ©FAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Lines) Pf\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivov eta I loading for SPOflt ABBAY WONZ ?BWB 10/05 DARCSSALAAM MOMBASA OJIBOUH ASSAB MASSAWA NETSANET 21WB 10/08 OARESSAIAAM
      248 words
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      Page 41 Advertisements Column 3
      741 41 MASKAPAI PELAYARAN vBapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE "VSL VOY SIN JKT PAJ JKT SIN
      741 words
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      Page 41 Advertisements Column 4
      876 41 SYDNEY/MELBOURNE BANGKOK VtSSEI VOY SPORE SVD It VESSEL VOY SIN6APQRE BANCKO* PLANET A M 30 31,3 IS-17/4 SIRI BHUM# 477N Sat 23/3 Tlm 26/3 PIYA BHUM 0503 14 15/4 27-29/4 01-03/5 WANA BHUM#* OtN it 23/3 Wed 27/3 I IPIAWETA1 P1AWETA J MAMA BHUM# a/3 a/T JENLINK 48N Wed 27/3
      876 words
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      Page 42 Advertisements Column 1
      1309 42 'a a m MAC-NELS SINGAPORE Eirwr til mi*n 11 iiwt til ■LAJI PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL (089) 7766/9 I ~~l P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 j I j BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2
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      Page 42 Advertisements Column 2
      396 42 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIKK, WELLINGTON. BI.UFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LVT PREMIER US 4 Apr 1< Apr Vu NPL Apr MULBERA
      396 words
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      Page 42 Advertisements Column 3
      1124 42 /SP 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 *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mm Iwt leta [pest nuui I w I eta rest KIM SOON LI 10/91E 23 MAR
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      Page 43 Advertisements Column 1
      862 43 COMPANIA PERUANA W DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msia KAMALEVERETT 01/03 Apr 04/06 Apr 07/09 Apr THOMASEVERETT 16.18 Apr 19/21 Apr KARABIEVERETT 05/0/ May WR "EVERETT
      862 words
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      Page 43 Advertisements Column 2
      517 43 VSI [VOY Is PORE jMAINLINER [LAX |KST |SAV |WYC |Hf X 2« kaohsiung int nn im livorno m as ivs w mm 2IM OSAKA 171 M ZIM L IVOR NO 4/5 11/5 15/5 17/5 I*s 2IM KOP€* HE 10,4 JIM ITALY I*l 24,5 27/5 7*5 11/5 2IM TRIESTE IJK 1(4
      517 words
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      Page 43 Advertisements Column 3
      724 43 WSING KWANG HANG •MPMta TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA~ BUNGA TERATAI V 123 24/3 27/3 IJENWEL V 169N |2g/3 hi/3 VESSEL S PORE BANGKOtT" A VESSEL 24/3 27/3 A VESSEL 27/3 3Q/3 DESTINATIONS ETA SINGAPORE PORT KELANG 29 MAR MANILA 30 MAR HONG KONG.
      724 words
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      Page 43 Advertisements Column 4
      605 43 5 M SRINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESS€L VOY SIN JKT SBY JATIOIHI 9?4 23/03 26/03 PRASE TIA 157 A 28/03 01/04 JATIDIRI 925 30/03 03/04 PRASE TIA 159 A 04/04 07/04 TANTO UTAMA 149 19/03 p?/Q3 TANTO UTAMA 151 28/03 31/03 TANTO UTAMA 153
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      Page 43 Advertisements Column 5
      399 43 SjN FA* EAST 23/3 KEELUNG/KAOHSIUNG 22/3 BANGKOK 22/3 MANILA/CEBU 22/3 JAKARTA/BELAWAN/SURABAYA 22/3 PORT KELANG/PENANG/E. Malaysia 24/3 BUSAN 22/3 TOKYO/YOKO/KOBE/NGO/OSA 23/3 HONG KONG SjN CHINA 23/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUBOPE/dK 23/3 LDN/FLX/LVP/SOU 23/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SHI MIA/CAM ABA 25/3
      399 words
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      Page 44 Advertisements Column 1
      695 44 /a\ GB SHIPPING MARINE SERVICES NORTH QUEENSIANO/PAPUA NEW GUINEA SERVICES CONT/UNEfI/LCL/BREAKBULK SERVICE "ANKE" SERVICE IAK SK TC lAD A LAf POM T VIIU V22SB 3/3 6-7/3 1112/3 I*3 22/3 26/3 2JSB 2/4 *V« 9-10*4 1M 21/4 25.4 V24SB 3/5 S/5 11/5 l«/ 5 21/5 25/5 P.N.O. BUNKER SURCHARGE TEU USD
      695 words
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      Page 44 Advertisements Column 2
      964 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE PIRAEUS NAPLES GENOA MERSIN TRIESTE ISTANBUL ILYICHEVSK B A V 05CW91 5/4/91 22/4/91 23/4/91 24/4/91 2/5/91 M V 04-91W 10/4/91 26/4/91 30/4/91 4/5/91 5/5/91 K.V.U. V.06CW91 13/4/91 1/5/91 2/5/91 3/5/91 AN VO5-91W 17/4/91 5/5/91 11/5/91 14/4/91 16/4/91 ALSO ACCEPTING CARGO FOR MILANO
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      Page 44 Advertisements Column 3
      464 44 CUJI con-tuw inTEßmoonlS j LCL/FCL SERVICE FROM I H H f CUfl opf*— ovtr 600 KrmlraH/ofno— in UJBA 1 I I m/I H rn CUfl KMinl*Jn« ov«r 35,000 tractors A trucks. V I I jm ftt CUfl Mryss over 60,000 points bi UAA. IJI null HpNB CUfl offw rtltobls LO/FCL
      464 words
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      Page 44 Advertisements Column 4
      549 44 <t> SETH SHIPPING CORP. SDN BHD f FT KLAUS TEL 03M751M 0 NMS) FAX *****11 I*l*7l PEN/MS TEL 04 I3WW SMI TEL: 011Z14M2 SIM TEL 014-31M22 TAOMI TEL: OW-*****1 KK TEL OM-*****0 KUCH TEL M 2-*****3 M'SIA TO USA/CANADA CONTAINER SERVICE FEEDER VOY Ptw PKL 1 Slg_ LA/LB KST NYC
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      591 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 MOO 0700 MOO 0900 *****100 1200 **********00 1600 *****100 *****000 *****200 2300 JR 21 2.7 30 30 27 22 16 1.1 07 05 05 06 10 15 20 22 22 21 1.7 1.4 1.1 10
      591 words
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      Page 46 Advertisements Column 1
      384 46 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. KJWiutiara samuora agung KUALA SIAK IV 25/3 BATU AMRAR/SEKUPANG/BATAM TSS 01 22/3 DUMAI/PEKAN BARU ABAOI JAYA 25/3 DUMAI/PEKAN BARU KUALA SIAK V 30/3 BALIKPAPAN/SAMARINDA SENGGATA (TG BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM ft SUMATRA PORTS
      384 words
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      Page 46 Advertisements Column 2
      677 46 HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNDTO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI COMMANDER 24E 23/3 21/3 15/4 11/4 21/4 20/4 HYUNDAI INNOVATOR 3WI 19/2 22/2 24/2 14/3 23/3 HYUNDAI PIONEER 39C 30/3 4/4 22/4
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      Page 46 Advertisements Column 3
      557 46 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Himbu't to Coeenlu(eri *»'«us Gottwnburf Malmo |S POM |S TON HBURC BHAVEN R DAM UN Slock-wlm KAMAKURA 1f.311 24 3 10,4 12/4 IS<4 1W Rottarton to Arrfwo AfMterdam 0«lo. Helena, KASuCA I 14/112 7| J 114 H 4 ISM Bremenhaven To Bremen
      557 words