The Business Times, 29 March 1991

Microfilm: NL17467
Total Pages: 40
1 40 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Friday, March 29, 1991 75«
    9 words
  • NEWS SUMMARY
    • Article
      Hongkong awards contract to build container terminal
      64 1 THE government of Hongkong yesterday awarded development rights for building a new container terminal in the territory to a consortium led by interests representing Hongkong magnate Li Ka-shing and London-based Swire Group. The Ear Eastern Economic Review meanwhile said two mainland Chinese shipping
      64 words
    • Article
      Rajiv Gandhi escapes unhurt from mob
      36 1 FORMER prime minister Rajiv Gandhi yesterday escaped unhurt when his motorcade was attacked by a mob during a campaign stump in eastern India, the Press Trust of India (PTI) reported.
      36 words
    • Article
      Speaking in tongues
      38 1 TAKE another look at the bilingual policy in schools to see if some changes can be made to persuade more Singaporeans to stay, suggests a report published by Institute of Policy Studies (IPS) Page 2
      38 words
    • Article
      Not so pacific
      34 1 THE OVERALL outlook for Hongkong's Swire group beyond 1991 is encouraging but uncertainty over Cathay Pacific's prospects makes it difficult to form a view, managing director David Gledhill said Page 5
      34 words
    • Article
      Lifeline for Saatchi
      40 1 A SYNDICATE of 19 banks agreed on Wednesday to throw a financial lifeline to Britishbased advertising group Saatchi and Saatchi, once the largest agency in the world; and its shareholders pledged their help as well Page 5
      40 words
    • Article
      Drugs and trade
      21 1 A LETTER about drugtrafficking has intensified a dispute over trade relations between Thailand and the US. Page 7
      21 words
    • Article
      Cuts come to nought
      21 1 JAPAN'S slowing economy promises to reverse years of progress in trimming the nation's trade surplus Page 7
      21 words
    • Article
      Free Albania
      50 1 THIS WEEKEND, Albania, the last hardline communist state in Europe to embrace democracy, is to hold its first free elections since the communists took power. In the last few months, this most closed of all the communist dictatorships has been opening up to the outside world Page 8
      50 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      28 1 PRICES of leading shares opened higher on Wall Street yesterday, with the Dow Jones industrial Average up 6.19 points to 2.923.76 five minutes into the session.
      28 words
    • Article
      Footsie lower
      36 1 SHARES were lower at midday yesterday on the London Stock Exchange. The broadbased Financial Times-Stock Exehange 100-share index was down 6.3 points by 1211 GMT at 2.458.3. Volume at midday was 334.2 million shares.
      36 words
    • Article
      A major force
      26 1 SINGAPORE is wellpositioned to become a major force in the world of shipmanagement, said a leading local shipmanager. Shipping l imes Page 1
      26 words
    • Article
      Earnings soar
      41 1 HONG FOK Corp's net earnings for 1990 jumped 627 per cent to $24.02 million, but much of the increase was due to a change in accounting policy allowing it to recognise profits earlier on its property projects Page 3
      41 words
    • Article
      Heavy toppings
      41 1 LOSSES at Shakey's Pizza restaurants dragged down InnoPacific Holdings' otherwise profitable businesses, resulting in a pre-tax loss of just under $4.3 million for the fastfood-to-trading group on a 35.3 per cent increase in turnover to $288.9 million Page 4
      41 words
    • Article, Illustration
      STOCK INDICES
      31 1 Thursday Change BT-MGA 736.62 +7.06 Kuala Lumpur ...582.94 +0.34 Hongkong 3.745.97 +54. i 5 Tokyo 26,206.92 102.27 Sydney 1,442.7 +6.3 Wednesday Change New York 2,917.57 +2.72 London 2.464.6 4-27.0
      31 words
    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI. 7965 100 Yen SS 1.2809 MS SS0.6453 Money market rates Overnight 5-1/2 +1-9/16 3-month 4-9/16% unch
      21 words
    • Article
      COMMODITIES
      37 1 London GoM AM fix USS354.0O -USS3.10 Rubber S'pore Apr.... 145.50*/kg t-0.25 M'sia Apr 227.50«/kg +0.30 KL Tin Turnover 39 tonnes -11 Spot MS 14.89/kg -0.06 Crude palm oil Turnover 3,090 lots +875 Apr MS776 /tonne -27
      37 words
  • Article
    UOB group profit slides 6pc to $226m
    480 1  -  By Magdalene Ng WEIGHED DOWN by higher provisions for a drop in the value of investments and a sharp rise in staff and operating costs, the United Overseas Bank (UOB) group yesterday reported that its earnings for 1990 fell by 6 per cent
    480 words
  • Article
    Wing Tai's interim profit up 7pc despite high debt cost
    276 1  -  By Elaine Koh WING TAI Holdings managed to do marginally better at half time despite market worries of its high cost of debt largely because of the strong performance of its property division. Its profit after tax and minorities was
    276 words
  • Article, Illustration
    Sinar Mas plans US$60m refineries in Batam, Dumai
    297 1  -  From David Chew in JAKARTA THE INDONESIAN Sinar Mas Group (SMG) plans to set up two refineries in Batam and Dumai for US$6O million (S$ 106.8 million) to process crude palm oil (CPO) from its plantations in the Riau region. The move,
    297 words
  • Article
    Acma recovers with impressive $9.2m net profit
    461 1  -  By William Chia ACMA LTD has managed an impressive turnaround with group profit after-tax ot $9.22 million for the year ended Dec 31, 1990. against a loss of $8.19 million previously. Acma said yesterday that its group turnover improved by 55 per cent
    461 words
  • Article
    US$ hits 12-month high against mark
    166 1 THE American dollar surged to a 12-month high of i.7170 against the German mark in overnight markets on Wednesday in reaction to German Finance Minister Theo Waigel's comment that both the US and Germany can live with the US dollar at its present level.
    166 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      186 1 FREE FI.OW of stout, beer. si>ft drinks it etc. I (Mm. 10 tablest I Hong Kong Dion Xin fijj I So Yuan Chin# Road (abovt lurtmg Btmll Ismworc 2201 lei 2dS 4511 WPft li Aircraft Schedule 21 Money Changer Rates 21 Weather 21 Commodities 20 Money Market 19 World News
      186 words
    • Advertisement
      Page 1 Advertisements Column 2
      93 1 I jfestvle Is the US dollar current MEET John Kao. the strength a false start"' co-producer of "sex. lies and Opinions videotape", a Harvard If the censorship hoard professor, entrepreneur. wants lo introduce an *R' pianist, psychiatrist and avid rat j n lt should go all the *r film-maker who
      93 words
    • Advertisement
      Page 1 Advertisements Column 3
      40 1 11 Quadruple Zoom t Auto Two Color M,N< rA Gold Coin reports 4pc rise in group profit, Pg4 mm 'i"!' i jHfjjiflH L #03-28/29 Mandarin Hotel SJmffplng Arcade Tufe *****38 HaHey's Departmental Store Tel: *****63 DFS Orchard CollectkHU Tel: *****00
      40 words
Page thumbnail Page 2
  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Maintenance works estimated at $720m
        85 2 THE building and maintenance works market, which has been growing by a steady 5 to 7 per cent each year tor the past tew years, should reach $720 million this year. Ot this amount, about $300 million will come from mechanical and electrical maintenance expenditure.
        85 words
      • Article
        SQ117 crew commended
        85 2 SINGAPORE Airlines' managing director Dr Chcong Choong Kong has praised Captain Stanley Lim, the co-pilot and nine cabin attendants of Flight SQII7, saying they performed admirably throughout the long period of anxiety during the hijacking on Tuesday night. He said SI A ground staff, including senior management,
        85 words
      • Article
        More flights to Fukuoka
        69 2 SINGAPORE Airlines (SIA) will increase its services from five times weekly to daily flights to the southern Japanese city of Fukuoka from Sunday. This means SIA will be ottering a total of 32 weekly services to Tokyo, Osaka, Nagoya and Fukuoka. The new services, on Fridays
        69 words
      • Article
        Esso to raise funds for Chest
        73 2 COME April, you can top up your tank at any Esso station and help top up the Community Chest at the same time. Esso Singapore will launch their "You Buy, We Give" charity programme on Sunday. The month-long programme will see Esso Singapore donating
        73 words
      • Article
        Curbs on FEER, AWSJ to stay
        114 2 THE Singapore government will not change its policy on foreign publications and, therefore, will not restore the circulation of the Asian Wall Street Journal and the Far Eastern Economic Review (FEER) despite the fact that Dow Jones Co, the owner of both publications, has
        114 words
    • Article
      Report suggests review of bilingual policy
      558 2  -  By Chuang Peck Ming TAKE another look at the bilingual policy in schools to see if some changes can be made to persuade more Singaporeans to stay, suggests a report published by Institute of Policy Studies (IPS). Meanwhile, keep those who have left the
      558 words
    • Article
      Emigrants to Australia more open to links with Singapore
      355 2 CHILDREN of some cx-Sin-gaporcans in Australia especially the daughters say they want to return to Singapore to work after they have finished their university education. according to a report by the Institute of Policy Studies. Generally, Singaporeans who migrated Down Under
      355 words
    • Article
      Phase Three of rent de-control takes effect
      173 2  -  By Elaine Koh THE THIRD phase of Singapore's plan to lift rent control took effect yesterday, with Geylang, Kallang, Marine Parade and Bedok gazetted as development areas. Under this phase, the owners of 2,720 rent-con-trolled premises can now recover possession of their properties
      173 words
    • Article
      Businessman to be sentenced tomorrow for fraud
      218 2 AFTER 10 weeks of trial, businessman Tan Yew Beng will be sentenced tomorrow for cheating United King-dom-based company Kaines of over $11 million. Tan faces a maximum sentence of seven years' jail and a fine. Tan, who was declared a bankrupt in 1985,
      218 words
    • Article
      Kay Hian James Capel posts $9m profit
      308 2 STOCKBROKING firm Kay Hian James Capcl (KHJC), which went down in local financial history as having the worst-rcccivcd public offering last year, yesterday posted af-ter-tax profits of over $9 million for the nine months ended Dec 31, 1990. On a proforma basis (which
      308 words
    • Article, Illustration
      More units at Hillview Villas up for sale next month
      222 2 BUOYED by the succcss of the first phase of Hillview Villas, Cycle Carriage (Hillview) Properties Pte Ltd is offering an additional 42 units for sale next month. Since Phase One was launched in November last year, the company has sold
      222 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      33 2 •f?R i -<*m m Complete accessories from cuff links to wallets. p' fim lß| 1 a M! M jr ordinary day today. have to dress fra,, NavonaCafe Q^SFRINI ITALY La moda per I'uomo
      33 words
Page thumbnail Page 3
  • SINGAPORE – MALAYSIA COMPANY NEWS 1
    • Article, Illustration
      Change adds to Hong Fok profits
      409 3  -  Net earnings rise 627 pc to $24m By Amy Balan HONCi FOK Corporation's net earnings for 1990 jumped 627 per cent to $24.02 million, but much of the increase was due to a change in accounting policy allowing it to recognise profits earlier on
      409 words
    • Article
      Central Properties profits up
      76 3 CENTRAL Properties, the listed vehicle of hotelier Khoo Teck Puat, turned in a sharply improved after-tax profit of $7.87 million for 1990. This was an 80 per cent surge from $4.37 million for 1989. Turnover jumped more than sevenfold to $27.63 million, from $3.76 million previously.
      76 words
    • Article
      Narrow margins rein in Lim Kah Ngam earnings
      253 3 POOR margins kept property and construction group Lim Kah Ngam's (LKN) profit for 1990 barely above the previous year's level. Operating profit grew a scant 3.6 per cent to $7.91 million from $7.63 million a year earlier, despite a 67 per cent
      253 words
    • Article
      Broking unit props up Lum Chang profitability once again
      331 3 LUM CHANG Holdings, the biggest local contractor in Singapore, has again demonstrated how much it depends on its stockbroking arm and the general state of the stock market to remain profitable. For the six months ended Dec 31. 1990. its operating
      331 words
    • Article, Illustration
      Singatronics profit doubles to $7m
      353 3 Turnover rises 30pc to $99 million SINGTRONICS, which was upgraded to the main board last November after an earlier strong performance, has doubled its bottomlinc to almost $7 million for last year. However, substantially higher interest payments and disappointing results from its hcalthcare products subsidiary
      353 words
    • Article
      Double upset puts Bonvests in the red
      259 3 BON VESTS Holdings suffered a $715,000 net loss in 1990, after a double upset in its core property and luxury goods businesses. This was a sharp contrast to 1989 when it posted a profit of $8.12 million. In a review of the latest
      259 words
    • Article
      Sunshine proposes 1-for-2 bonus issue
      226 3 SUNSHINE Allied, which was taken over by Londonbased businessman Ishwar Nahappan last October, yesterday announced its interim results and proposed a one-for-two bonus issue amounting to 5.18 million new shares. For the six months ended Dec 31, 1990, group turnover stood at $26.68 million, pretax
      226 words
    • COMPANY BRIEFS
      • Article
        Horiguchi's after-tax profit falls 30pc
        67 3 HORIGUCHI Engineering, bogged down by higher interest expenses, depreciation and amortisation costs, saw a 30 per cent drop in after-tax profit to $1.09 million for the year ended December 1990. Group turnover rose 26 per cent to 5i5.2 million. Earnings per share rose 28 per
        67 words
      • Article
        Tonhow deeper in the red
        64 3 HIGHER operating costs and poor market conditions caused Tonhow Industries to report a loss of about $1.2 million for the year ended December 1990, compared to a $44,000 loss in the previous financial year. Further losses are expected in the current financial year as the
        64 words
      • Article
        Town & City loses $2.1m
        48 3 Town City loses $2.1m TOWN AND CITY Properties has reported a group after-tax loss of $2.1 million for the year ended December 1990. There was an extraordinary provision of $2 million for an anticipated loss arising from a guarantee given to the bankers of its subsidiary Bcstland Development.
        48 words
      • Article
        Causeway posts flat earnings
        43 3 CAUSEWAY Investment's earnings for the year ended December 1990 was flat at about $1.8 million. Earnings per share dropped 9.5 per cent to 5.7 cents, and net tangible asset backing per share rose 21 per cent to 56 cents.
        43 words
      • Article
        National Kap earnings up 12pc
        56 3 NATIONAL KAP reported a 12 per cent rise in earnings before cxtraordinarics to $1.4 million, on the back of a 13 per cent rise in turnover to $14.5 million. Earnings per share was flat at about 12.7 cents, and net tangible asset backing per share
        56 words
      • Article
        Singapore Fodder in the red
        37 3 SINGAPORE Fodder Company reported a loss of $782,000 for the year ended December 1990. Group turnover dropped 53 per cent to $1.2 million. The company's accumulated losses carried forward totalled $13.2 million.
        37 words
      • Article
        Gulf war pulls down MetalCon
        54 3 METAL Containers suffered an after-tax loss of $2.9 million for the six months ended December 1990 due to increased competition and the efVects of the Gulf crisis. This is despite a 10 per cent increase in turnover to $60.8 million. There was a loss per
        54 words
      • Article
        SPP back on profit path
        59 3 SPP Limited reported an after-tax profit of $1.26 million for the year ended December 1990, compared to a $2.5 million loss in the previous financial year. Turnover rose 72 per cent to $81.9 million. Earnings per share of 1.8 cents was reported, and net tangible
        59 words
    • Article, Illustration
      Losses at Shakey's put Inno-Pac in the red
      434 4  -  Pre-tax loss of $4.3 m; turnover up by 35pc By Lee Han Shih LOSSES at Shakey's Pizza restaurants dragged down Inno-Pacific Holdings' otherwise profitable businesses, resulting in a pre-tax loss of just under $4.3 million tor the fast food to trading group
      434 words
    • Article
      SNP's net profits rise 7.4pc
      164 4 SINGAPORE National Printers yesterday announced a 7.4 per cent rise in after-tax earnings to just over $5 million. The results are the company's first since it was upgraded to the main board from Sesdaq late last year. For the year ended Dec 1990, SNP's performance
      164 words
    • Article
      Lock icon Renong's pre-tax profit soars to M$29m
      161 4 Bernama RENONG BHD, which recently carried out a major restructuring exercise, including the acquisition of several listed companies, has reported a group pre-tax profit of M 529.54 million (Ssl9 million) for the half-year ended Dec 31, 1990, compared with a loss of M 5451,000
      Bernama  -  161 words
    • Article
      Gold Coin reports 4pc rise in group after-tax profit
      338 4 FEEDMILL GROUP Gold Coin Ltd has reported a 4 per cent increase in group profit after tax to 510.42 million for the year ended Dec 31, 1990, compared with $9.62 million previously. The company said yesterday that group turnover fell 38
      338 words
    • Article
      Chuan Hup profits dive 53pc to $2.1m
      371 4 LOSSES from its office technology' and electronics arms and provisions for a drop in share values depressed ma-rine-based Chuan Hup Holdings' performance for the financial year ended Dec 31, 1990. Group profits after tax and minorities slumped 53 per cent to 52.1 million.
      371 words
    • Article
      Singapore Re turns in disappointing results
      265 4 SES-LISTED Singapore Reinsurance and its group of companies turned in a disappointing set of results, with the group's profit after tax and minorities sliding 40 per cent to $3.49 million in 1990 from $5.85 million in 1989. The group's 30 per cent increase in
      265 words
    • Article
      Lock icon Promet loss rises 37pc to top M$19m
      133 4 Bernama PROMET Bcrhad suffered a 37 per eent increase in its group pre-tax loss to MS 19.26 million for the year ended Dec 31, 1990, against a loss of MS 14.01 million recorded previously. Group turnover also dropped by 15 per cent to
      Bernama  -  133 words
    • Article, Illustration
      SBS manages to maintain profits despite higher operating costs
      458 4 DESPITE higher operating costs which ate into its margins, Singapore Bus Service (SBS) has turned in a respectable set of figures with group after-tax profits maintained at $49.9 million. This works out to an unchanged earnings of 80.5 cents per share,
      458 words
    • Article
      Higher costs eat into Tibs earnings
      201 4 HIGHER operating costs eroded profit margins and depressed group after-tax earnings for Trans-Island Bus Services by 23 per cent to $5.06 million for the financial year ended Dec 31,1990. Group pre-tax profits fell 22 per cent to $7.28 million, despite a 10 per cent
      201 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      138 3 FOR THE WORLD'S MOST TREASURED WATCHES MONTRE ROYALE Cortina houses some of the world s most fashionable The name: Cortina Watch Centre. I The most trusted place to purchase outstanding RoyaledeGeneve. Imrirna r excellent service in each of its four retail centres. Drop by soon to view the Montre Royale
      138 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      435 4 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) INTERIM RESULTS FOR THE HALF-YEAR ENDED 31ST DECEMBER 1890 The Board of Directors announces the following unaudited results for the half year ended 31st December 1990:Company Group 31.12.90 31.12.89 31.12.90 31.12.89 S)'000 SS'OOO 3s'ooo 88*000 1 a) TURNOVER 38,905 47,798
      435 words
Page thumbnail Page 5
  • REGIONAL/INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Cathay Pacific takes its toll on Swire results
      457 5 Reuter THE OVERALL outlook for Hongkong's Swire group beyond 1991 is encouraging but uncertainty over Cathay Pacific's prospects makes it difficult to form a view, managing director, David Glcdhill said. Swire had earlier posted a 20.5 per cent slide in 1990 profits,
      Reuter  -  457 words
    • Article
      Lock icon UPI misses payments to former employees and some suppliers
      293 5 Reuter UNITED Press International, a unit of Infotechnology Inc, missed payments to former employees and to certain suppliers, a company spokesman said. UPI, which has been looking for a buyer since late last year, has not ruled out the possibility of
      Reuter  -  293 words
    • Article
      Lock icon Pertamina signs five production-sharing deals
      296 5 AP THE INDONESIAN stateowned oil company Pcrtamina signed five productionsharing contracts for oil and gas exploration with foreign companies yesterday. British Petroleum Development Ltd signed a contract for exploration and production in an area of 10,268 sq km off Sailus block and 10,268 sq km
      AP  -  296 words
    • Article
      Lock icon Maxwell to sell Pergamon Press
      209 5 NYT PUBLISHER Robert Maxwell is on the verge of selling Pergamon Press, the original heart of his business and one of the world's leading publishers of scientific journals. The sale of Pergamon, a wholly owned subsidiary of Maxwell Communication Corporation, Mr Maxwell's public company, is
      NYT  -  209 words
    • Article
      Lock icon Li Ka-shing has no plans to leave HK before 1997
      313 5 AFP HONGKONG magnate Li Ka-shing, reputedly the richest man in the British colony, has no plans to lice Hongkong before its handover to China in 1997, Mr Li's right-hand man said on Wednesday. "We're quite happy where we arc for
      AFP  -  313 words
    • Article
      Lock icon Banks throw financial lifeline to Saatchi
      420 5 Reuter A SYNDICATE of 19 banks agreed on Wednesday to throw a financial lifeline to British-based advertising group Saatchi and Saatchi. once the largest agency in the world, and its shareholders pledged their help as well. "Our short-term financial worries arc now over," a
      Reuter  -  420 words
    • Article
      Lock icon Taipei to sell 282m shares in China Steel
      228 5 Reuter THE Taiwan government will sell about 282 rmllion shares of state-owned China Steel Corp to the public next month in one of the island's biggest privatisation exercises, officials said. The Securities and Exchange Commission has approved an application to sell the
      Reuter  -  228 words
    • COMPANY BRIEFS
      • Article
        Jardine Group takes US$365m credit facility
        86 5 HONGKONG'S major trading conglomerate, the Jardine Group, has taken a US$365 million (Ss6so million) dual-cur-rency revolving credit facility, group treasurer Brian Mapletott said. The five-year facility carries an average interest of 30 basis points over the London Interbank Offered Rate (Libor) for US dollars
        86 words
      • Article
        Xerox suffers fall in demand
        92 5 XEROX CORP said first quarter demand for its equipment suffered in the current economic climate but its chief executive docs not anticipate weakness of the scale other large firms projected recently. "This is a weakness, but certainly not a disaster," Xerox chief executive Paul Allaire
        92 words
      • Article
        Fourth largest business failure
        70 5 A REAL estate firm linked to financially troubled trading house Itoman Corp has become the fourth largest business failure in post-war Japan with outstanding liabilities of some 200 billion yen (552.6 billion), a private credit institute said on Wednesday. Ohira Sangyo Co was one of the
        70 words
      • Article
        Kikkoman expects higher profit
        90 5 KIKKOMAN Corp predicts group net profit of 5.50 billion yen in the year ending December 31, 1991, up from 4.69 billion a year earlier, a spokesman for Japan's top producer of soy sauce said. Kikkoman also estimated group current profit at 7.50 billion yen in 1991,
        90 words
      • Article
        Allied to set up Thai factory
        82 5 BRITISH food group Allied Lyons announced on Wednesday that its food subsidiary has set up a joint venture with Japanese and Thai partners for building a factory in Thailand. The group did not indicate the initial capital of the plant, which will make powdered
        82 words
      • Article
        Kawasaki wins railway deal
        88 5 KAWASAKI Steel Corp has received an order from the Indonesian government to help build an 8.8 km elevated railway in Jakarta. Kawasaki otTicials said on Wednesday. The 4.4 billion yen contract was signed last week between the Indonesian government and Indonesian firm Guna Electric PT and
        88 words
      • Article
        French-Indon cooperation
        93 5 A GROUP of French companies and an Indonesian software firm have signed an agreement tor cooperation in information and telecommunication, the companies said yesterday. Under a memorandum of understanding signed Wednesday, DIM Consultants of France will provide skills in new technologies, architecture design and management of large projects
        93 words
    • Article
      Lock icon Koreans can invest more in communist bloc
      238 5 AP SOUTH KOREA has decided to ease restrictions on capital investment in communist countries by raising the ceiling for investment without prior government approval, the Economic Planning Board said yesterday. Under the decision, officials said, Korean businesses will be allowed, from April, to
      AP  -  238 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      133 5 Surrounded by some of New Zealand's Hottest Tourist Attractions HOTEL AND GOLF COURSE lose to Lake Taupo, Huka Kails, and the famous Available with or without a management contract. Wairakei Thermal Valley Auction 2pm Wednesday 29th May, 1991 Internationally renowned area tor hunting and tishing Parkroyal Hotel, Auckland, New Zealand
      133 words
Page thumbnail Page 6
  • FINANCIAL NEWS
    • SMALLCHANGE
      • Article
        Bangkok Bank chief to step down in two years
        73 6 BANGKOK Bank Ltd's president Chatri Sophonpanich said he plans to step down in two years after he turns 60. The chiet executive of Thailand's biggest commercial bank told reporters that Damrong Krishnamara, the bank's long-serving manaeine director, is expected to succeed
        73 words
      • Article
        Fund for potential bid targets
        104 6 TWO SECURITIES firms said they have set up a fund to invest in potential bid targets, though no major company has ever fallen to a hostile bid in the Netherlands. Dutch Take-Over Targets NV is to be launched on the lower tier of the Amsterdam
        104 words
      • Article
        BOJ to continue tight stance
        86 6 BANK OF JAPAN governor Yasushi Mieno said on Wednesday that the central bank would continue to monitor the effects of its tight monetary policy for the time being Speaking to the House of Representatives Budget Committee, Mr Mieno said the Japanese economy was unlikely to
        86 words
      • Article
        Barclays' net loss of A$117m
        86 6 THE DISASTROUS series of losses posted by foreign banks operating in Australia continued in Sydney on Wednesday as Barclays Bank Australia Ltd announced a net loss of A$ 117.1 million (Ssl63 million) for calendar 1990. The result compares with a $79.8 million loss recorded by
        86 words
    • Article
      Thai banks agree to put off interest rate cuts
      465 6 THE THAI government, fearing high inflationary pressure, has "unofficially" intervened in the money market by asking commercial banks to postpone plans to lower interest rates, earlier scheduled for the end of this month. The Bangkok Post said. Acting against its plan
      465 words
    • Article
      Bangkok to abolish all foreign exchange controls
      290 6 THE BANK of Thailand will abolish foreign exchange controls entirely to allow for completely free movement of overseas currency in the third phase of the forex liberalisation scheme, governor Vijit Supinit said on Tuesday. Speaking at a seminar organised by the Economic Reporters'
      290 words
    • Article, Illustration
      Lock icon Taiwanese underground bank chief jailed
      333 6 Shorter prison terms for some other Hung Yuan officials Reuter A TAIWANESE COURT has scntcnced the charismatic founder of Taiwan's biggest underground bank to the maximum prison term for illegally taking some US$3.6 billion (***** million) from depositors. Shen C hang-sheng. whose huge Hung Yuan
      Reuter  -  333 words
    • Article
      BOT finding it hard to soak up excess liquidity
      413 6 WHILE the Thai Finance Ministry has "unofficially" intervened in the money market by asking commercial hanks to maintain high interest rates, the Bank of Thailand faces the problem of how to absorb excess liquidity in the market caused by the maturity
      413 words
    • Article
      Lock icon Unification results in lower growth for Deutsche Bank
      365 6 IHT DEUTSCHE Bank AG. Germany's largest bank, on Wednesday said it suffered a slowdown in operating profit growth last year due to sharp drops in securities markets in the wake of the Gulf crisis and its expensive expansion into eastern Germany. The
      IHT  -  365 words
    • Article
      Lock icon Hongkong's reserves estimated to be HK$150b
      290 6 AFP HONG KONG'S free reserves arc estimated to be around HKSISO billion (5533.6 billion), more than double the official published figure, the Ear Eastern Economic Review said. This showed the territory has "a huge asset base" to fall back on for its USS2O billion
      AFP  -  290 words
    • Article
      Lock icon Africa's biggest banking group formed after four-way merger
      325 6 Reuter A FOUR-WAY merger led by South Africa's biggest building society, ÜBS Holdings. took effect on Tuesday, creating the country's biggest banking group with assets ot some 50 billion rand. The establishment of diversified financial services group Amalgamated Banks of Southern Africa
      Reuter  -  325 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      97 6 X v**»y^ y' >«^*»»#x it could be a controversial deal between two stock 1/ market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news
      97 words
  • Page 6 Miscellaneous
Page thumbnail Page 7
  • THE REGION/THE WORLD
    • Article
      Gulf boon may prove to be a Thai bane
      489 7 Labour outflow puts Bangkok's building plans in jeopardy RECONSTRUCTION in theMiddle East will likely worsen Thailand's infrastructure shortcomings. The Bangkok Post noted that even before the Ciulf crisis erupted, projects in the country were delayed because of labour shortages and the
      489 words
    • Article
      Drug trafficking a cause of Thai export fall: trader
      442 7  -  From Christopher Reed in LOS ANGELES A LETTER about drug-traf-ficking, written by a disgruntled importer of antiques in California and published by the Bangkok Post, has intensified a dispute over trade relations between Thailand and the US. On a visit to
      442 words
    • Article
      Lock icon M'sian private sector urged to look into skills training
      312 7 Bernama THE Malaysian government is asking the private sector to explore the viability of developing its own training institutes for various industries in view of the problem posed by the shortage of skilled labour in the country. Deputy Finance Minister Haji
      Bernama  -  312 words
    • Article, Illustration
      Lock icon Oil in a day's work
      62 7 Boots Hansen, head of Boots and Coots of Texas, one of three oil-well firefighting companies currently in Kuwait, walking through an oil lake as he conducts a survey of damaged well-heads in the Greater Burgan oil-field. Firefighters face the dangers of 1,000-degree Celsius temperatures, liquid
      AP picture  -  62 words
    • WORLD WATCH
      • Article
        Fujian approves Taiwan investment worth US$1.2b
        52 7 FUJIAN PROVINCE in southeastern China approved US$l.2 billion in Taiwan investment for 1990. Fujian ViceCiovernor You Dexin said on Wednesday. The coastal province has approved 877 projects from investors across the Taiwan Strait, and the dollar figure represented 36 per cent of total approved
        52 words
      • Article
        Viet-Taiwanese venture
        52 7 VIETNAM AND TAIWAN have launched a joint venture to produce plywood. The enterprise between Vietnamese match factory Hoa Binh and Taiwanese company Budget will have an initial capital of US$l.4 million (about 552.5 million), with 69 per cent of the money as well as 10 production lines coming
        52 words
      • Article
        Manila may relax land ban
        73 7 THE PHILIPPINES will consider allowing Japanese companies to lease or develop its prime properties in Tokyo and Kobe after being banned from selling them, Manila's ambassador to Japan said on Wednesday. "We have received expressions of interest for long-term lease for development, but not formal
        73 words
      • Article
        China denies arms-for-debt deal
        58 7 CHINA says the Soviet Union does not plan to pay hack a US$73O million commodity loan with weapons. Diplomats had speculated that China might receive sophisticated Soviet arms such as fighter planes as part of the repayment after a Soviet air show last week in Beijing
        58 words
      • Article
        India seeks French aid
        71 7 INDIA called for French help on Wednesday to fight an economic crunch resulting from the Gulf crisis and gain greater access to the European market. President Ramaswamy Venkataraman voiced the appeal at a presidential palace ceremony where he received the credentials of new French ambassador Philippe
        71 words
      • Article
        Conditions for support
        66 7 AMERICAN HOUSE majority leader Richard Gephardt told President George Bush on Wednesday that he would support a North American trade accord only if it protected US workers and the environment. He also demanded that the trade accord include provisions to reduce the wage disparity between US and
        66 words
      • Article
        Speeding up property claims
        42 7 THE GERMAN GOVERNMENT sought on Wednesday to speed up the process of claims on land or property in east Germany expropriated either under the Nazis trom 1933 to 1945. or under the communist regime, from 1949 to 1989.
        42 words
    • Article
      Lock icon US real estate drawing fewer foreign buyers
      230 7 FT FOREIGN investors, whose hunger for US real estate once roused anxiety among the American public, are keeping their money at home or entering into new contracts in strong European markets such as Germany and Spain. The Association of Eoreign Investors in US
      FT  -  230 words
    • Article
      Lock icon India must restructure debt: experts
      351 7 Reuter INDIA coukl survive its current financial crisis, but analysts say it is only a matter of time before the country is forced to restructure its external debt. Struggling under the multiple burden of a US$7O billion (about Ssl23 billion) debt, a large fiscal deficit,
      Reuter  -  351 words
    • Article
      Lock icon Roh victory may mean tight money
      194 7 AFP THE overwhelming victory for President Roh Tac-Woo's ruling camp in local elections will translate into firmer antiinflationary policies for the Seoul government, according to economists. The government is also expected to take the fight to the labour unions when they demand wage increases
      AFP  -  194 words
    • Article, Illustration
      Lock icon French central banker warns against budget deficits
      355 7 FT A STERN WARNING that the rise in budget deficits around the world will damage the global economy has been issued by Jacques de Larosicre, the governor of the Bank of France. In his annual report to President Francois Mitterrand. he complains that
      FT  -  355 words
    • Article
      Lock icon Trade disputes threaten US-Sino ties
      173 7 FT 11 IK HI'SI I Administration, increasingly annoyed by Chinese trade and business practices, is expecting trouble in relations with Beijing, unless China shows flexibility in trade disputes. IJS officials have expressed dismay to their Chinese counterparts over hina's new administrative procedures, and a licensing
      FT  -  173 words
    • Article
      Lock icon Weaker Japanese economy spells higher trade surplus
      402 7 Reuter JAPAN'S slowing economy promises to reverse years of progress in trimming the nation's trade surplus, inflaming tender trade relations between Tokyo and world capitals. Weaker domestic demand would slash foreign imports, crippling international attempts to reduce trade imbalances by selling more in
      Reuter  -  402 words
Page thumbnail Page 8
  • Article
    Leave no room for hijacking
    469 8 EDITORIAL THE DAWN rescue of the hostages on board flight SQ 117 was a brilliant operation, but it was also a jarring reminder of the threat that hijackers pose to world aviation. The operation revealed the surgical efficiency of Singapore Armed Forces commandos and should
    469 words
  • WHAT THE OTHERS SAY
    • Article
      Lessons of the hijack
      219 8 THE Government did the right thing in ordering the assault on the hijacked plane. To have delayed action in the hope that the hijackers were only blutTing could very easily have led to their blowing up the whole plane, killing everyone inside. The killing of the
      219 words
    • Article
      Firm, clear signal
      130 8 THE killing of the four hijackers without injury to any of the hostages is a clear warning to other terrorist groups and would-be hijackers that terrorism doesn't pay at least not on Singapore soil. The fact that the commandos stormed the airplane only after eight hours of
      130 words
    • Article
      A great rescue
      134 8 APART from terrorists, psychologically unsound people may also engage in airplane hijacks. Ihe latter is even more dangerous as their actions are neither rational nor predictable. From the description issued by the authorities, the SIA plane's hijackers probably belonged to this category. I heir threats to harm
      134 words
  • REGIONAL VIEWPOINTS
    • Article
      Debate about the bases
      148 8 WITH the president and the most-likely next president of the Philippines behind it. a renewal of the American military presence in that country now seems assured. A brouhaha has been promised by a majority of the Philippine Senate against any new treaty, and President Cora/on Aquino
      148 words
    • Article
      A better footing
      189 8 ICHIRO ()zawa, the secretary-general of the ruling Japanese l iberal Democratic Party and a likely successor to Prime Minister loshiki Kaifu. arrived in Moscow on Sunday amid a flurry of news reports in Tokyo suggesting the two countries were nearing a breakthrough in their 45-year-old dispute over
      189 words
    • Article
      Informing the public
      149 8 THE current debates about the electricity tariffs should be welcomed as conditioning for canvassing public understanding and support for the rationalisation of the electricity sector. I he robust exchange of views on the question as to whether the rates should be raised or not will hopefully generate
      149 words
  • Article, Illustration
    On the long road to prosperity
    1294 8  -  This weekend Albania, the last hardline communist state in Europe to embrace democracy, is to hold its lirst free elections since the communists took power. In the last lew months, this most closed of all the communist dictatorships has been opening up to the
    1,294 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      56 8 DOONESBURY BY GARRY TRUDEAU W P6PtJT/MINISTER. iQRSOME THIS IS A UE' UJE ARB SIMPlY W LUSCIOUS CREAM PETER, IM TALKING TO TIME NOH/, WESTERN JOURNA OUT Of SUPPUbS' WE HAVE PUFFS, NO JUiCY, THE. P6PVT/ MINISTER OF USTSHAVEHAPNOAO&SVKW NOPKB, NO BREW, *JC X'OLfTH UJATERlNO INFORMATION HERB IN XXJR 6CNERNMENT TRYING
      56 words
Page thumbnail Page 9
  • SPORTS
    • Article, Illustration
      Lock icon Big event for touring pros
      620 9 Players Championship has everything but tradition AP THE Players Championship is moving closer to major tournament status with each passing year. "The only thing it lacks is tradition," said Tom Kite, a former winner of the tournament that is billed as the annual championship of
      AP  -  620 words
    • Article
      Boating: lifestyle of the 90s
      288 9  -  By Cassandra How THE water leisure industry is beeoming very big business in Singapore and the inaugural International Boat Show 1991 is timely testimony of this. Said Mr Kenneth Pereira. Managing Director of the organisers, Kenrich Publishing Exhibitions Pte Ltd, "The Boat Show may not
      288 words
    • SIDE LINES
      • Article
        Two wildcard berths for local tennis players
        126 9 SOME of the Republic's top tennis players will have a chance to qualify for two wildcard berths into the qualifying rounds of the U*****,000 (*****.000) Epson Singapore Super Tennis. They will compete with stars from Indonesia. Malaysia. Philippines and Thailand in an innovative
        126 words
      • Article
        Leconte named in line-up
        61 9 NEW French Davis Cup captain Yannick Noah called on the experience of his former team mate Henri Leconte on Wednesday when he named his line-up for the world group first round tie with Israel in Rennes this weekend. Leconte was once fifth in the world rankings
        61 words
      • Article
        Edberg to play at Queen's Club
        92 9 WIMBLEDON champion Stefan Edberg heads a star-stud-ded line-up for the £286,000 (S$889,000) Queen's Club Grass Court Championships in June. Holder Ivan Lendl, US Open champion Pete Sampras and former Wimbledon winners John McEnroe and Pat Cash will join Edberg in the fight for the
        92 words
      • Article
        Maradona won't play for Napoli
        66 9 NAPOLI captain Diego Maradona. refused permission to play for Argentina on Wednesday, will not be playing for Napoli at the weekend either. The Italian soccer league banned the Argentine midfielder for one league match and fined him US$5OO (SS9OO) as a result of a booking
        66 words
      • Article
        Ruddock ready for rematch
        64 9 HEAVYWEIGHT boxer Donovan "Razor" Ruddock said on Wednesday that he fought Mike Tyson with an injured left hand in his defeat last week, but said he will be healthy for the rematch on June 28. "(The left hand) is feeling good. I went to the doctor
        64 words
      • Article
        Conner's sloop ready for race
        78 9 DENNIS CONNER'S sloop arrived in San Diego for the first International America's Cup Class World Championships at about the same time the Soviet Union pulled out of next month's competition. Team Dennis Conner's boat, the first American-made America's Cup Class sloop, arrived on Tuesday after
        78 words
    • Article, Illustration
      Lock icon Carlos Sainz leads Kenya safari rally
      360 9 Reuter THE favourites lived up to expectations on Wednesday as the Kenya safari rally got underway with wet weather promising tough conditions ahead. World champion Carlos Sain/, driving a Toyota, took the early lead as the 4,500km race headed towards the Indian Occan. The
      Reuter  -  360 words
    • Article, Illustration
      Lock icon Graf advances to quarterfinals
      279 9 AP GERMANY'S Steffi Graf charged into the quarterfinals of the US Women's Hardcourt Championships in San Antonio with a 6-3, 6-1 victory Wednesday night over Moniquc Javcr. Also advancing to the quarterfinals was Manucla Malccva-Fragniere, who defeated Isabellc Demongeot. 6-2, 6-2. Pam Shriver, on the comeback
      AP  -  279 words
    • Article, Illustration
      Lock icon Borg's ready to win again
      510 9 AFP BJORN BORG, the Swedish tennis legend who plans to attempt a comeback at the age of 34. is confident he can regain his past glory. The five-time Wimbledon champion and six-time French Open winner has no doubts he will be able to rediscover the
      AFP  -  510 words
    • Article
      Lock icon S Africa a little closer to rejoining Olympics
      265 9 NYT THE door long closed to South Africa's participation in the Olympics opened a crack on Wednesday when the International Olympic Committee offered conditional recognition to a new non-racial Olympic committee formed by South African sports organisations. But the lOC delegation, winding
      NYT  -  265 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      186 10 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 5.00 PM. HAPPY HOUR& DJ MUSIC: 8.00 PM TO 8.30 PM. BAND PERFORMS FROM 9.00 PM TO 2.00 AM. mC I
      186 words
    • Advertisement
      Page 10 Advertisements Column 2
      226 10 Retreat into a world of classical charm Create traditions Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or v)lo pianist. Experience Hyatt Regency Singapore s new Scotts Lounge. i. fWggf Hyatt Regency Singipna* 10-12 V<*ts R<ud sinjup""-* 0922 Tet: "*33 IUB BBQ l ndcr
      226 words
    • Advertisement
      Page 10 Advertisements Column 3
      326 10 tfewkerf' Fast Cafe Plaza t 3t 11 Tuck into wholesome N&SPhi hawker fare and I JtJfiiiii J indulge in local I z dishes like nasi I Padang, Bak Kut Teh I rc^^Jv^ TtU) t» W and Rojak, plus a M range of tempting 1 desserts. Atonlysl6++(Adult) |p $10++(Child) M 1
      326 words
    • Advertisement
      Page 10 Advertisements Column 4
      316 10 I I ;7/„ AM hBE I I I I I i tm i y u j I March n"- 31 j I Lunch: Noon 2.30 pm Dinner: 7pm 10.30 pm L- 1 I—K 1 I 4Jfe 4 Adult: 36++ Adult. $45+ I Child below 10: $18+ Child below 10: $23
      316 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      687 10 TELEVISION AND RADIO ,1 < tirn«w i« -Tr-irmiiriit —in nw—*«■—*—'■■■■ m.*am■»* w«<<—•-». «aMi<wiMl i- .nrwmr.j •nm I—Tl O 1 C|\ /CI SBCI2 V: v 9!30 Friday' Background (See Our 400 GodVlteOne And Only (M) I BUSINESS ON RAPK) A XXXXXdXd V &IL 7.00 AM CNN International <L). 10.15 IWtoV Night
      687 words
Page thumbnail Page 11
  • LIFESTYLE
    • Article, Illustration
      Lock icon Going beyond his pretty face
      679 11  -  The media has dubbed him Wacko Jacko as well as faithfully catalogued his strange beliefs and behaviour. But Michael Lev wonders if the eccentric megastar is finally getting serious. Michael Lev NYT MYSTFR Y surrounds Michael Jackson, the brilliant entertainer who is painfully shy and
      NYT  -  679 words
    • Article, Illustration
      Travelogue that is a non-starter
      410 11  -  Salil Tripathi on a travel book that exhausted him with boredom, rather than the excitement of being on the open trail Salil Tripathi Journeys Beyond Supernova By Vijayan Nambiar Steps Marketing, 148 pp TRAVEL writing is an art. Writers like Eric Newby, Paul Theroux, Jan
      410 words
    • Article
      Lock icon Made-in-Japan curiosities that build fortunes
      321 11  -  By Dan Biers AP SURE, you know about the Walkman stereo headsets and the Honda Civics, those archetypal Japanese products that have conquered many a foreign market. But what about the "Mr Drink-Too-Much" portable breathalyser for woozy bar patrons, the anti-drymouth candy for scuba divers
      AP  -  321 words
    • Article, Illustration
      Gum chewing banned at the Statue of Liberty
      365 11 CHATTERBOX THE order has gone out no gum chewing allowed at the Statue of Liberty or the Ellis Island Immigration Museum. "The statue is becoming one big glob of chewing gum," says M Ann Belkov, who became superintendent of the Statue of
      365 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      215 11 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. i\ ANA HOTEL I<> NASSLM HILL. SINGAPORE 1025. TEL: ?J2 SINCAPORE Teochew Porridge Buffet Taste typical Teochew fare steamed,
      215 words
    • Advertisement
      Page 11 Advertisements Column 2
      161 11 Gilj Wm The freshest, liveliest seafood place in town. >. t j You'll Kave to go a long way to find seafood g* any fresher. Lunch: 12 noon 2.30 pm. '9" Except Sunday Dinner: 6.30pm 11.00pm. »..<• 1 Tilt M-*F«»On PI ACE LEVEL I IMF. PAN PAI IfU HOTEL MMUPCIf
      161 words
Page thumbnail Page 12
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market rounds off week with 18-point gain
      5011 12  -  By Quak Hiang Whai BOOSTED by gains in index-linked stocks, share prices on the Singapore stock market closed the week with an 18-point gain yesterday. With the market showing some signs of optimism, the Strait Times Industrials Index rose 18.33 points to finish
      5,011 words
Page thumbnail Page 13
  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3984 13 Main Board S1A Foreign 1770 30 +1.7% NatSleel 930 +-30 +3.3% DBS 1210 +20 +1.7% Isetan50* 765 +20 +2.7% Metro Hldgs 600 20 3.4% Roth lnds50* 510 H8 4-3.7% S Steamship50* 326 +16 +5.2% SPH 835 +15 +1.8% Weames 478 +14 *-3.0% SIA 200 1270
    3,984 words
Page thumbnail Page 14
  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      108 14 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Pacific Can Mar 18 Sep 90 $1 450l($53lm) —(0 7) Keppel Finance Mar IS Dec 90 $5.276($5.169) S 8(6 3) 5(4) Van der Horst Mar 1? Sep 90 451($l 902) 4
      108 words
    • Article
      DIVIDENDS ANNOUNCED
      1211 14 Current Ex Books Date Total for Total for payment date ctose payable the year last year Amtek Enj 61TE(I) Apr 11 Apt 17 Apt 26 61TE 121TE Asean Find USSO 10(b) Mdr 18 Mdr ?8 Apr 8 USSO10 Awno 51TE Feb 25 Mar/ May lb 1251TE 251TE BAT
      1,211 words
    • Article
      PRELIMINARY RESULTS
      602 14 Company Date Year Group pre-tax Net earnings Cross ann to profit/loss <L) per share dividend ('000) (cents) Grand Central Mar 27 Dec 90 $15,864(17.412) 17 2(8 1) 5(5) Haw Par Mar 27 Dec 90 $37.508($24.706) 156(100) 11(7) Hind Hotels Mar 27 Dec 90 $3,831 ($1,240) 8(19) -<-> ICS
      602 words
    • Article
      INTERIM RESULTS
      334 14 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (*000) Pentex Mar 27 Dec 90 $2,535 ($2.736) RMCA Re Mar 27 Dec 90 $45.994L($1.455) Amal Steel Mar 26 Dec 90 M$82.361 ($44,430) 10(-) Eu Yan Sang Mar 26 Dec 90 $445( $1.176) YTl Corpn Mar 26
      334 words
    • Article
      CORPORATE DEVELOPMENTS
      568 14 Mar 26 r Singmarine Industries shipbuilding and repair arm, Smgmarine Dockyard Engineering, had clinched a $52m order to design and build a specialised vessel Mar 25 4 United Overseas Bank is the first local bank to issue sponsored American Depositary Receipts (ADRs) in the US. Bank of New
      568 words
    • Article
      BONDS, LOANS & WARRANTS
      903 14 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share CIC Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Loan Cause* a» Wt 2'10 89 to 20 10 94 1 warrant plus $0 77 cash or 1 warrant plus $0 77 nominal amount of
      903 words
    • Article
      COMPANY MEETINGS
      293 14 Construction Supples House Bhd: EGM at the Conference Room. 44 Jalan Gopeng, ***** Ipoh. Perak on Saturday. March 30. at 9.30 am. Magnum Corpn Bhd: EGM at Johore Room. Shangri-La Hotel. 11 Jalan Sultan Ismail, ***** Kuala Lumpur on Tuesday. April 2. at 10am SPP Ltd: EGM at
      293 words
    • Article
      APPROVED ISSUES
      257 14 Company Rights Issue H Leonf Oedt Twotoftve MS2 00 per share E«-date Feb 21 Books close Mar 7 Acceptance Payment Apr 19 Kl Industries One Koala Lumpur Industnes HKJgs Bhd share of Mil each for seven W.I shares of 50 sen each Rights issue of one-for two (a.
      257 words
    • Article
      PROPOSED ISSUES
      445 14 Company Rights Issue Neon Onetor two M{1 00 per share issue ot *0m Cumulative Redeemable Presence Stwes (CRPS) o< M$fl 10 each al MSI per share with 10m detachable TSR on the basis ot 1 CRPS with 1 TSR tor every 4 CRPS Bolton One for four «i
      445 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      126 14 NEWS FLASH f lii|T vfgg I IT MIGHT SL'RPRISE you to know that Shipping Times is the most well-read paper in the transport industry Everyday it brings you: Bunker Reports. Shipping Agents List. Freight Rates and a guide to port of calls of major shipping lines, among others. In the
      126 words
Page thumbnail Page 15
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end mixed in listless trading
      4051 15 Institutional investors stay away from market Bernama SHARE PRICES drifted listlessly before closing mixed yesterday as institutional investors stayed away to await fresh leads. The KLSE Composite Index rose just 0.34 of a point to 582.94 while the Industrial Index slipped 0.64 of a
      Bernama  -  4,051 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      199 15 "Where did you pick up that hot stock tip?^^ KJ 1 j 7^ When you call 005-1-212-976-4141, you can profit from the latest stock market news from Dow Jones Thats because International Info Hotline makes financial updates available around-the-clock and the information is provided free. You need only pay for
      199 words
Page thumbnail Page 16
  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close firmer after a weak opening
      2209 16 Reuter TOKYO stocks closed higher yesterday with participants betting that institutional investors will push up prices today, the last day of the current fiscal year, when the worth ot their portfolios will be valued according to share prices at the close, brokers said.
      Reuter  -  2,209 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Institutional buying boosts Hang Seng index
      2178 16 Reuter A LATE flurry of buy orders placcd just before the market closed for the long Easter weekend cut through pre-holiday lethargy and sharply boosted the Hang Seng Index yesterday. Brokers said a surge of institutional buying generated follow-my-leader orders from local speculators. The
      Reuter  -  2,178 words
  • Page 16 Advertisements
Page thumbnail Page 17
  • REGIONAL STOCK MARKETS
    • Options trade helps lift Australian stocks
      • Article
        AUSTRALIA
        933 17 THE Australian share market closed higher yesterday, with options settlements accounting for much ot the rise. "The market had a few stops and starts, but apart from that it was a pretty uneventful day," said Eric Gale ot Ord Minnett. Options exercising in key blue chip stocks on the
        933 words
      • Article
        BANGKOK
        875 17 LATE bargain-hunting boosted Thai stocks slightly after the market had fallen for three days in a row, brokers said. The market fell at first in steady trading but speculators moved in later and the SET Index closed 9.37 points up at 863.54. Bangkok Bank fell eight baht to 363,
        875 words
      • Article
        TAIPEI
        437 17 TAIWAN share prices closed sharply higher across the board as strong industrial shares led other sectors, brokers said. The weighted index gained 188.03 points or 3.8 per cent to finish at 5,139.94 compared with Wednesday's 4,951.91 finish. Turnover was a heavy NT574.2 billion against NTSBS.7 billion. Dealers said the
        437 words
      • Article
        SEOUL
        812 17 SEOUL stocks fell across the board in light trading yesterday. Brokers said continued tight won liquidity dampened investor sentiment. The composite stock index ended the day 3.20 points down at 651.98. Turnover remained thin at 156.6 billion won after 150 billion won on Wednesday. Losers led winners by 410
        812 words
      • Article
        NEW ZEALAND
        330 17 LEADING New Zealand shares eased in a quiet morning yesterday, with business winding down ahead of the Easter holiday break. Brokers said it was difficult to read too much into the thin trading. The market has closed early for Easter, with no afternoon trading session. It reopens on
        330 words
      • Article
        Lock icon JAKARTA
        637 17 Reuter JAKARTA stocks nudged higher yesterday before today's market holiday led by pulp and cigarette makers and bank shares. The index rose 1.13 to 408.11 on 4.7 million shares turnover. "There've been some very strong local players in the market long-term and speculative," said one foreign broker, adding that
        Reuter  -  637 words
      • Article
        Untitled
        893 17 Close Previous March 28 SYDNEY All Ordinaries Index 1,442.7 1,436 4 +-6.3 All Industrials Index 2,231 0 2,217.4 +13 6 All Resources Index S3 4 ).5 8 38.2 1-3 Tumovcr (million) 146.47 68.36 +78.11 BANGKOK SET Index 863.54 834 >7 +9.37 Turnover (million baht) NA ..700 JAKARTA Composite Index 408
        893 words
Page thumbnail Page 18
  • WORLD STOCK MARKETS
    • US blue-chips yield to profit-taking
      • Article, Illustration
        NEW YORK
        1233 18 AFTER a 49-point jump on Tuesday, US blue chips succumbed to profit-tak-ing on Wednesday, ending with a meagre gain. But smaller stocks were still in vogue as investors stepped in to buy undervalued issues before the quarter's end. The Dow Jones average of 30 industrial companies closed up
        1,233 words
      • Article, Illustration
        LONDON
        925 18 UK SHARES yesterday started the final day of the three-week trading account slightly lower, but then moved into positive territory as buyers returned. Dealers said many investors were cautious ahead of the Easter holiday period and Thursday's expiry of futures and options contracts, which can cause volatility in the
        925 words
      • Article
        AMSTERDAM
        326 18 THE Amsterdam bourse on Wednesday slightly extended gains in brisk midday trading due to higher foreign bourses and demand from retail and institutional investors. "From the foreign side in particular, there is good demand for Dutch shares because they are cheap especially compared with (shares in) Germany," said trader
        326 words
      • Article
        BRUSSELS
        271 18 BELGIAN shares closed generally higher in active trading following gains on Wall Street and other European bourses as the country's two largest retailers Delhaize and GIB starred for the second consecutive day. Volume was 1,326 billion francs. Of 54 shares, 33 rose and 11 fell. Delhaize surged 260 francs
        271 words
      • Article
        FRANKFURT
        190 18 SOLID earnings results from market leader Deutsche Bank and a modest recovery of the mark helped German shares recovery on Wednesday. Strong gains on Wall Street yesterday added to the market's momentum. The 30-share DAX index climbed 10.36 points to 1,508.80. Traders said news that Deutsche Bank's 1990 full
        190 words
      • Article
        PARIS
        182 18 THE Paris bourse closed at its highest level in nearly two weeks after heavy buying in selected stocks and continuing support from New York, traders said. The CAC-40 index slipped back from the day's highs above the important 1,800 level but still closed 1.24 per cent higher at 1,797.06.
        182 words
      • Article
        MILAN
        170 18 BUYING focused on the telecommunications sector and blue chips Generali and CIR helped Italian stocks recoup earlier losses sparked by the uncertainty of the present five-party coalition, brokers said. The MIB index, which was down 0.4 per cent at midmorning, officially closed unchanged at 1,116 and then moved 0.9
        170 words
      • Article
        Lock icon TORONTO
        222 18 Reuter A RESURGENCE in cyclical shares on Wednesday led Toronto stocks higher as the market rushed to catch up with Tuesday's sharp gains on Wall Street, dealers said. Blue chips also performed well, pushing 12 of the TSE's 14 indices higher, they added. The composite index unofficially closed up
        Reuter  -  222 words
      • Article
        STOCKHOLM
        72 18 THE Stockholm bourse general index closed one per cent higher at 1,083.70 in quiet trade on Wednesday, helped by a 1.7 per cent rise on Wall Street overnight and exceeding local expectations, dealers said. Total turnover was a moderate 310 million crowns, and dealers said the quiet trade will
        72 words
      • Article
        ZURICH
        270 18 SWISS shares closed 1.6 per cent higher on a late wave of buying, led by certificates in chemicals group Roche and Brown Boveri's bearer shares, traders said. The All-Share SPI Index closed 16.8 points higher at 1,059.3 while the SMI Index of leading shares added 37 points, or 2.29
        270 words
      • Article
        Untitled
        398 18 March 27 Close Previous NEW YORK Dow Jones 2.917.57 2.914 85 +2.72 NYSE Financial 148.92 148.28 +-0.64 S&P 500 375 35 376.30 -0.95 Turnover (million) 203 198.7 +4.3 LONDON Financial Times 30 1,965.9 1,943.2 +22.7 FTSE 100 2,464.6 2,437.6 *27.0 Turnover (million) 557.9 542.6 +15.3 AMSTERDAM CBS Tendency Index 96.1
        398 words
Page thumbnail Page 19
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Deutschemark sales nudge dollar higher in Tokyo
      1197 19 REPORTS THE US DOLLAR ended a pfennig higher in Tokyo after follow-through deutschemark selling on remarks by German Finance Minister Theo Waigel overnight, dealers said. "The dollar's rise seems unstoppable. With central bank intervention losing its bite, there's a sense of safety in
      1,197 words
    • Article
      Lock icon Ringgit's weakness reflects strength of dollar: minister
      342 19 Bernama THE RINCiGIT's present weakness against the US dollar is caused by the strengthening of the greenback and not by fundamental factors. Malaysian Deputy Finance Minister Haji Abdul Ghani Othman said. The ringgit was strengthening or stabilising against most of the other major
      Bernama  -  342 words
    • Article
      Lock icon Members approve Globex venture
      137 19 Reuter THE Chicago Mercantile Exchange and the Chicago Board of Trade said their members have approved a joint agreement in principle detailing how to operate Globex. the computerised af-ter-hours futures trading system. A majority of the membership at each exchange was needed to give final approval
      Reuter  -  137 words
    • Article
      FINANCIAL FUTURES
      1190 19 SIMEX EWOPOUAt Open High Low Sett Est Vol Op/lnt Vol Jun 91 93 48 93.49 93.45 93.45 6030 ***** 5785 Sep 91 93.20 93.20 93.17 93.17 2340 5646 893 Dec 91 92.67 92.69 92.66 92.67 1000 8833 395 Mar 92 92.48 92.49 92.46 92.46 180 4754 140 Jun
      1,190 words
    • Article
      INTERBANK FOREX RATES
      427 19 Cross rates Maf28 USS S$ MS Dm Yen SFr A5 NZ$ US$ 1.7890 2.7685 1.7115 139.75 0.5754 1.4575 1.2920 1.7021 Sj 0.5590 1.5475 0.9567 0.7812 ***** 0.8147 0.7222 0.9514 MS 0.3612 64.62 0.6182 0.5048 0.2078 0.5265 0.4667 0.6148 [)tn 0.5843 1.0453 1.6176 81.65 0.3362 0.8516 0.7549 *****
      427 words
    • Article
      MONEY MARKET
      570 19 Interbank ratt S$ Bid Offer Overnight 5 1/2 5 ,V4 1-month 4 7/16 4 9/16 2-month 4 1/2 4 3/8 3-month 4 9/16 4 11/16 Overnight mode: 4-1/4 uat Bid Offer 7 days 6 1/4 6 3/8 1 month 6 1/4 6 3/8 2 months 6 1/4 6
      570 words
Page thumbnail Page 20
  • COMMODITIES
    • Article
      Lock icon M'sia working out rules for palm oil investments
      385 20 Bernama THE MALAYSIAN government is in the process of formulating guidelines for offshore investments in palm oil refining projects, Primary Industries Minister Datuk Seri Dr Lim Kcng Yaik said. Addressing members of the Malaysian Estate Owners' Association at their annual dinner, he
      Bernama  -  385 words
    • Article
      Lock icon Selangor studies ban on logging in new forest areas
      325 20 Bernama SELANGOR proposes to ban logging in new forest areas and exercise strict control over the activity in existing concessions to safeguard the environment, Mcntcri Besar Tan Sri Muhammad Haji Muhammad Taib said. A committee had been set up to study
      Bernama  -  325 words
    • Article
      KL tin falls six sen on high offerings
      843 20 REPORTS THE price of tin fell six sen to M$ 14.89 per kg on high offerings at the Kuala Lumpur Tin Market yesterday. Dealers said the market went up too high on Wednesday and was heading for a correction. The price of
      843 words
  • Article
    PRICES
    1544 20 Rubber Mar 2» MS (hfc hi S ccnts/kg Noon Close Int I RSSPrompt 143.00/144 OON 143.50/144 50N Int I RSS Apr 91 145 00/146 00 145 50/146 50 Int I RSS May I47.7VI48 25 148 25/148 75 Int 2 RSS OP 143.50/145 50N I44 00/I4600N Int 3 RSS OP
    1,544 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      775 20 NOTICES M THE MATTER OF THE COMPANIES ACT, CHAPTER 90, AND M THE MATTER OP TRAVEL PASS PTE LTD (In Cndlora' Voluntary Liquidation) PINAL MEETING NOTICE SS HEREBY QIVEN. pursuant to Section 306 of the Companies Act, Chapter SO, thai the FINAL MEETING of the Members and Creditors of the
      775 words
    • Advertisement
      Page 20 Advertisements Column 2
      683 20 In Thr Miilti'r «l IV uni|Miilt-i Art, l»|).jl ud In Tkr Milter of 111 AN TIIYK Kt lIHMt CO I*TK I.TI) (la V olunUr) I li|ulil.tllun) MKMIIKK.H' YOI.I NTAKY MINIHNO-ir NOTICK IS lIKUKIiY GIVKN. pursuant Id Section iOH of The Companies Aft. Cap.SO, that the Kliuil General Meeting of the
      683 words
    • Advertisement
      Page 20 Advertisements Column 3
      11 20 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
Page thumbnail Page 21
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    987 21 City Flight ETA FHgM ETP Abu Dhabi GA894 0010 GA890 2225 GA970 2335 GA976 2340 lllllHl QF7 1750 SQ227 2130 Amman RJ182 1400 Amsterdam KL835 1505 SQ42 0100 SQ23 1815 KL836 2150 SQ24 2215 GA890 2225 Athena SQ45 0805 SQ24 22"l5 Auckland NZ35 1530 BAH 1255
    987 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Riverboat gambling makes a comeback
      559 21  -  LETTER FROM OHIO By Michael Conlon WHEN the Diamond Lady shoves oft' into the muddy Mississippi River on April Fool's Day this Monday, she'll carry 45 tonnes of coins, 60 tonnes of slot machines and crowds of luckhungry gamblers. Riverboat gambling, famous in fiction and
      559 words
    • Article
      MONEY CHANGER RATES
      152 21 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.386 1.4060 Canadian dollar 1.535 1.555 NZ dollar 1.043 1.073 Sterling pound 3.105 3.125 US dollar 1.7950 1.8050 Local dollars to 100 units of foreign currency Austrian schilling 14.70 15.70
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      73 21 Duration Title Venue Organiser Tel Duration Title Venue Organiser April International Budapest. HL'NGEXPO ********** April Expo-Op(ica Spain IFEMA ********** 9.12 Exhibition of Hungary Agricultural Food Industry April 17th International Centre Fundacion El (541)*****25 Machinery 5-22 Book Fair Municipal dc Libra Instruments Exhibition Exposicioncs. Apn XVI International Buenos
      73 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      38 21 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. know Europr hm «uut to Finn»h
      38 words
    • Advertisement
      Page 21 Advertisements Column 2
      130 21 f m w 1m -'0 i ■'?v > > '< '>: 'J ,-v .'V ~.> -V,'-/,- >• y < V- > i O'l "s a j v S .-cN -.X' > \V j 1 I .-w. >j ;< > J ksi 1 1 v V y ■£&■*:;<:#■?§:; I P -«vV
      130 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      254 21 1 Disputes about the din made by 5 Venerable cedars in bad shape (6) ***** -L—J—l—— 9 Quiet form of adornment really sweet (4-4) —^BL—J®l—— 10 Sort of dance where every- 11 I, I I I I I I one lay around (6) i a duty queen's train (8) 12
      254 words
    • Miscellaneous
      Page 21 Miscellaneous Column 2
      220 21 Singapore Outlook: Showers over a lew areas in the pre-dawn hours and then again over several areas in the afternoon. Forecast Maximum temperature 34.0 Assoc humidity 60% Minimum temperature 25.4 XT Assoc humidity 96% Hours of sunshine 10.60 Rainfall in mm 0.0 Rainfall this month 31.3 Rainy days this month
      220 words
    • Miscellaneous
      Page 21 Miscellaneous Column 3
      25 21 N£S P IVC PGODCD To DfSfeNC£ ogo«^sf\ J it uko,cs "ny "5v /CPb ii II **«*«.£rii* *•—i-—" C EVENING STANOARO CO. LTD.. IM2-IMI I 9<V»
      25 words
Page thumbnail Page 22
  • Article
    Government lifts ban on trade with Kuwait
    330 22  -  Embargo against Iraq still stands By Schutz Lee SINGAPORE businessmen are once again free to trade with Kuwait, with the lifting of the ban yesterday by the government. The trade embargo was imposed seven months ago on Aug 24, in compliance with the
    330 words
  • Article
    Amount of reconstruction work for Kuwaiti substations overestimated
    254 22  -  From S N Vasuki in DUBAI KUWAIT may still be facing severe electricity shortages, but multinational corporations in the power distribution and transmission lines business have less repair and reconstruction jobs to bid lor than they had expected. Sources told Business Times
    254 words
  • Article
    JSH settles out of court with Bear Stearns for US$60m
    359 22  -  From Catherine Ong in HONGKONG JARDINE Strategic Holdings yesterday announced a US$6O million (Sslos million) out-of-court settlement with US investment bank Bear Stearns, ending three years of wrangling over a 1987 aborted share deal. Jardine said it will pay U553.53
    359 words
  • Article
    Lock icon Iraqi forces launch offensive to regain Kirkuk
    291 22 Reuter IRAQI government forces launched a ground, air and missile assault yesterday to wrest the northern oil city of kirkuk from Kurdish control. But rebels who have spent four weeks trying to topple President Saddam Hussein said they had hit back in the
    Reuter  -  291 words
  • Article
    Sibu offers scope to be a base for Singapore business
    266 22  -  From Abdul Hadhi in SIBU SIBU can function as an alternative base to Kuching for Singapore businessmen intending to invest in Sarawak, suggests Datuk Teng Chin Hua. leader of the Sibu Chinese Chamber of Commerce. At a discussion yesterday with
    266 words
  • Article
    Sarawak seeks S'pore expertise in agro industry
    200 22 SARAWAK is keen to acquire Singaporean know-how and assistance in high-value agro-based industries, a team of Singapore businessmen visiting Sarawak were told earlier this week. The East Malaysian state's minister for industrial development, Datuk Hj Abdul Rahman Kohari Tun Openg, told members of
    200 words
  • Article
    Indonesia and Thailand seen to sharpen corporate edge
    252 22  -  By Shoeb Kagda INDONESIA and Thailand will provide the most conducive environment among Asian countries for corporations to increase their competitiveness in the coming years, according to the findings of the Business Confidence Survey. The survey, a section of the annually produced
    252 words
  • Article
    Lock icon Boris Yeltsin wins a key vote against the Kremlin
    318 22 Reuter REBEL Russian leader Boris Yeltsin won a key vote against the Kremlin in his republic's main legislature yesterday as police and military mounted massive security measures in the tense Soviet capital. The legislature, the Congress of People's Deputies, clearly angered
    Reuter  -  318 words
  • Article, Illustration
    Lock icon Cold turkey, Thai-style
    48 22 I'll MB 0 0 Drug treatment patients waiting for their daily morning doses of herbal medicine, a concottion designed yomM,«g and thus purge drugs from the system, in this Buddhist monastery 150 km north of Bag 200 inmates at the centre. Reuter picture Reuter picture
    Reuter picture  -  48 words
  • Article
    Lock icon Aussie firms asked to pay A$2b in back tax
    386 22 Three-year audit reveals mass of unpaid liabilities AFP AUSTRALIA is billing its top companies for As 2 billion (about 552.7 billion) in back tax following a threeyear audit that has revealed a mass of unpaid liabilities. They include assessments for understated
    AFP  -  386 words
  • Article
    Lock icon IBM plans to axe 14,000 jobs
    147 22 Reuter INTERNATIONAL Business Machines Corp said yesterday it planned to cut more than 14,000 jobs this year, or nearly 4 per cent of its worldwide workforce, in a major effort to lower costs. The world's largest com-puter-maker said the reductions would be accomplished through
    Reuter  -  147 words
  • Page 22 Advertisements
Page thumbnail Page 23
  • ShippingTimes
    • Article, Illustration
      S'pore can be a leading shipmanagement centre
      472 23  -  SingaPort '91 conference By Rahita Elias SINGAPORE is well-posi-tioned to become a major force in the world of shipmanagement, said a leading local shipmanager. At yesterday's SingaPort '91 conference, Lars Sjogren, managing director of Scmbawang Johnson Management, said strong backing from the government,
      472 words
    • Article
      Lock icon Daewoo shipyard workers beaten back with tear gas
      243 23 AFP SOME 4.000 shipyard workers marching towards a police station at Kojc island, west of Pusan, to protest the sudden arrest of five union leaders were beaten back by tear-gas throwing riot police on Wednesday. A union leader at the Daewoo shipyard
      AFP  -  243 words
    • Article
      Lock icon Kuwait Airways hunting for its stolen planes
      331 23 AFP KUWAIT Airways, which clocked up a US$3O million (5553.4 million) annual profit in the fiscal year before the Iraqi invasion, is now hunting for its planes, its director general said in Kuwait City on Wednesday. Ahmad al-Zaben said Iraqi occupation troops had
      AFP  -  331 words
    • Article, Illustration
      Charter, freight rates must increase
      263 23 CHARTER and freight rates will have to rise "dramatically" to ensure a "strong and independent" shipping industry, said a senior industry official yesterday. Mr Minos X Kyriakou, president of Kyriakou Athenian Group of Companies, in his speech at the SingaPort '91 conference yesterday, pointed out
      263 words
    • Article
      Lock icon Nissan to set up own UK sales network
      238 23 AFP I HE BATTLE between Japanese car maker Nissan Motor and its exclusive British distributor Nissan L K hotted up on Wednesday with the announcement that the Japanese firm was to set up its own British distribution network. Nissan Motor (GB) will
      AFP  -  238 words
    • Article
      Lock icon EC offers protection to small airlines
      282 23 FT SMALL airlines will be able to apply for instant European Commission protection against predatory pricing by larger competitors. EC transport ministers agreed on Wednesday. The commission feared liberalisation of the EC air transport market after 1992 would tempt Europe's largest airlines to fix
      FT  -  282 words
    • Article
      Lock icon MAS makes costliest single purchase of six Boeings
      360 23 Bernama MALAYSIA AIRLINES (MAS) on Wednesday signed an agreement with the Boeing commercial airplane group for the purchase ot six Boeing 747-400 aircralt. The purchase would cost the national carrier about US$95O million (551.62 billion). making it the single largest aircraft order
      Bernama  -  360 words
    • NEWS SUMMARY
      • Article
        The cost of flooding the rig market with funds
        41 23 SPECULATORS who made purchases during a downturn in the offshore rig market and are now waiting out for a recovcry may be in for an unpleasant shock. warns Peter Stokes Page 2
        41 words
      • Article
        HK box terminals increase incentives
        61 23 HONGKONG eontainer terminal operators have proposed measures aimed at eountering the gradual shift of shipping lines from eontainer ports to mid-stream handling. They inelude positive tax measures on ships, a statutory limit on the maximum number of containers that can be handled instream by ships,
        61 words
      • Article
        Volkswagen unveils car that parks itself
        36 23 THE Oi l) Volkswagen Beetle had an advantage in parking it was small. But a new Volkswagen eoneept car goes a long step beyond that: it parks itself. Back Page
        36 words
      • Article
        Two German car firms speak of backlash in US
        80 23 TWO LEADING German companies said on Wednesday that their IJS sales had suffered in recent months because of a discernible anti-German backlash as a result of their country's sideline role in the Gulf War. C armakers Baycrische Motoren Werke AG (BMW)
        80 words
    • LOG BOOK
      • Article
        Federal Express to raise SOS weight limit
        43 24 FEDERAL Express Corp said it will raise the weight limit of the Standard Overnight Service (SOS) to 150 pounds and begin the Overnight Freight Service tor pieces between 150 and 500 pounds as from April 1.
        43 words
      • Article
        Third Pakistani sea port
        106 24 THE PAKISTANI Cabinet approved on Wednesday a plan to build the country's third sea port at Gwadar on the Arabian Sea by 1995. The port, on the coast of the southwestern province of Baluchistan bordering Iran and Afghanistan, would cost two billion rupees (Ssl6o million), a
        106 words
      • Article
        Avondale wins US Navy deal
        58 24 THE US Navy awarded a U*****.1 million (*****.4 million) contract to Avondale Industries Inc's Shipyards Division to build a dock landing ship at New Orleans, Louisiana. The contract is a modification to an earlier contract, which was not competitively procured. The work is expected to
        58 words
      • Article
        Iran starts service to Bahrain
        52 24 IRAN, expanding its Gulf links, started a shipping service to Bahrain on Wednesday, Teheran Radio reported. An Iranian ship would make regular weekly voyages between Bushehr and Manama, carrying 150 passengers and 500 tonnes of cargo, it said. Iran started a shipping link with Qatar
        52 words
      • Article
        Vessel towed to Ecuador
        34 24 MOTOR refrigerated vessel Erikson Frost, 6,120 dwt, was being towed to Guayaquil, Ecuador, after it was reported to have had problems with its propeller shaft, Lloyd's Shipping Intelligence service said.
        34 words
      • Article
        Ghana signs deal with UK firm
        54 24 GHANA has signed a contract with Britain's Hawker Siddclcy Group's unit Hawker Siddeley Power Engineering Ltd for electric supply improvements valued at £20 million (5562.8 million). The contract with the Electricity Corporation of Ghana is to upgrade power supply to the capital Accra and
        54 words
      • Article
        Kvaerner sells yard
        92 24 NORWEGIAN engineering and offshore firm Kvaerner A/S has sold its Scottish Ferguson yard to Ross Belch for 2.5 million crowns. Kvaerner bought the yard in January this year. "Kvaerner sold this yard as it does not fit into Kvacrncr's shipbuilding structure. The yard is small and has
        92 words
    • Article, Illustration
      Lock icon The cost of flooding the rig market with liquidity
      1062 24  -  Speculators who made purchases during a downturn in the offshore rig market and are now waiting for a recovery may be in for an unpleasant shock, warns Peter Stokes Peter Stokes Lloyds List The problem about taking a position in any
      Lloyds List  -  1,062 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      560 24 Carbon Carbon Mar 25 DemityMiter Reudue Aih Aluminium Sedenent PewKyWeter teelfre tomtom M M (non E on KG M'3% V/V M M M M PPM method KG/M*3% V/V M/M M/M PPM method ISO/Clmic fcnrtt Spec F75 ***** »J 0 10 30; 0 10* [tt{trn[M 180 A»e
      560 words
    • Article
      THE SHIPPING GUIDE
      12646 32 This is a list of ships loading I at Singapore for ports around the world. It tabulates, by destination, the name of the i ship, the shipping line in- 1 volved and the estimated dates of arrival and departure i from the Port of Singapore. Advaneed dates
      12,646 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        607 39 feud Voy No Berth Arrival Departure Keppei Wharves Kola Beflian 7/91 K30 alongside 28 03/1500 Kupres 40 C09 alongside 2803/2300 Ocean Ra*or 75A K34 alongside 28 03/1200 Ronghuashan 91/2 K31 alongside 0104/0600 Xiangfiai 03 65 K32 alongside 0204/2300 Gn At Ceteso 1/91 K34 2803/1930 3103/0800 lampung *****
        607 words
      • Article
        CONTAINER SCHEDULE
        1374 39 RECEIVING OF EXPORT FCL CONTAINERS ANPLCL CARGO Record Booting/Balance Rstts Shi> Voy No Etb/Btr Period From To From Adrian Ms 9104A 30/0330 1 28/1500 28/1659 28/1900 Aka Bhum 477N 31/0900 1 28/1500 28/1659 28/1900 2 28/1700 29/0659 29/0900 4 29/1200 29/1459 29/1700 Ambas Bnfre 33 29/1930 1 28/1500
        1,374 words
      • Article
        DAILY FREIGHTS
        978 39 CHARTERING on the <Jry cargo freight market was quiet on Wednesday amid talk that the Soviet Union had begun to pay for its recent chartering activity after reports that some owners had withdrawn their ships, brokers said. Evidence of Soviet payments was not strong enough to trigger hopes
        978 words
      • Article
        IN MALAYSIAN PORTS
        255 39 Ptnani Port Borth h Butterworth on March 29: 1 ml; 2 Ocean Happy: 3 Pelego Iso. Malayan Princess: 4 ml; 5 Kota Pahlawan, 6 Liang Shan Ponan| Wharf: NB Chm Tsair Jin CB Deli Lestari. Cipta Raya; SB Universe BCT: Bl Ocean Ruby; 81l Star lasmme. I/B
        255 words
    • Article
      Lock icon Hongkong box terminals increase their incentives
      483 40 Lloyd's List HONGKONG container terminal operators have proposed measures aimed at countering the gradual shift of shipping lines from container ports to mid-stream handling. They include positive tax measures on ships, a statutory limit on the maximum number of containers that can be handled
      Lloyd's List  -  483 words
    • Article
      Lock icon Volkswagen unveils car that parks itself
      340 40 AP THE OLD Volkswagen Beetle had an advantage in parking it was small. But a new Volkswagen concept car goes a long step beyond that: it parks itself. Researchers at the world's No 4 car maker have developed a Look-Ma-no-hands parking system that can
      AP  -  340 words
    • Article
      Lock icon Two German car firms speak of backlash in US
      426 40 Reuter TWO LEADING German companies said on Wednesday that their US sales had suffered in recent months because of a discernible antiGerman backlash as a result of their country's sideline role in the Gulf War. Carmakers Bayerische Motorcn Wcrkc AG (BMW)
      Reuter  -  426 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      136 23 m janagers AAuti W lanage BT shows you how every Monday. Container Schedule 17 Daily Freights 17 Index to Advertisers 3 Shipping Gwde 10.11 Ships in Port 17 Singapore Tides 17 Veritas Report 2 Weather and Sea Conditions 17 ...to our headquarters at: 82 Genting Lane News Centre Singapore 1334
      136 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      90 24 FOR SUCCESSFUL MAMAGEMENT OF YOUR BUSINESS Wi 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
      90 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      2277 25 AmVHVA JOO Cantonment Road #12 OS Soulhpotnt, Smgapo<«* 0208 \lVVfr fel *****11 TELEX NO RS 24m terminal,cfs th *****18 220 rCuuflfln BOOKINGS Tel *****34 258 L VOQQf J PESAKA JARDINE SHIPPING AGENCIES PORT HUANG TEI *****18 MA***** MA***** pf NANG TEL *****4 TELEX NO MA***** CFS TEL J***** to Cjmilily
      2,277 words
    • Advertisement
      Page 25 Advertisements Column 2
      1257 25 INDEX 1 TO ADVERTISERS Page Col Pa*e Col j" •l.lo)d Tncstino 4 1/2 I uck> Seaway 15 3 Lykcs Lines 5 I ABC Containerhne 12 I Accord Ciroup 8 1-3 jj AFS 15 2 'o, rCn A ,C, r L r !5 M+ R Frudg 13 1/2 Altrcd Tocpler 15
      1,257 words
    • Advertisement
      Page 25 Advertisements Column 3
      2604 25 Bimw NEXT VESSEL TO U.S.A. MARGRETHE MAERSK V 9104 ETA 2/4/91 Vessel Voy ETA I ETO 'Poet 'Penang DESTINATIONS Singapore Keiang Th«« Ma'g'etfe Mat's* 9104 Feeo«-' by CFS 1/4 2JS9 H«S M f«uro OAK LGB HOU MFM AfL MIA CHS BAt PHL NVC MON TOR MARGRETHE MAERSK 9104 2 3
      2,604 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1328 26 n- ROTTEDAM I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE MONTE ROSA 12/312 31/3 17/4 19/4 22/4 23/4 jUiSl|3 KASUGA I 14/112 1/4 21/4 19/4 18/4 -r. T «Aiißn ELBE 04/113 4/4 25/4 23/4 22/4 I. AU. WOTIOUNO! BREMEN EXPRESS 02/313 8/4 25/4 27/4 30/4 31/4 KILAMCII ff
      1,328 words
    • Advertisement
      Page 26 Advertisements Column 2
      556 26 M i DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2003E 2/4 15/4 18/4 23/4 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PACO PAGO APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP CALLAO SAN (PERU) ANTONIO j SEASPAC I 2003E 2/4 6 5 8/5 14/5 15/5
      556 words
    • Advertisement
      Page 26 Advertisements Column 3
      1420 26 E3 **mmsMA MMKM. REGULAR INDEPENDENT FULL CONTAINER 86RVIC6 w£STß6und for europe VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUSAN 9104 3 02/04 22/04 23/04 27/04 28/04 29/04 30/04 01/05 02/05 NORASIA SHARJAH 9105 3 09 04 28/04 29/04 03/05 04/05
      1,420 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      2237 27 Maritime Holdings Ltdj J P&O JWlf STRAITS SHIPPING I Containers i ACCEPTS out SAILS I Vo> Nu *Pt* t-Pkl Spore Alf Sou Art Rot ht)| CARGO I lUNA »Af*Sk )I0« 24 03 25,03 »0J UO4 1404 1504 17/04 I J ZAGfIEB fXP 0590 23A3 AO3 31 03 20 04 2104
      2,237 words
    • Advertisement
      Page 27 Advertisements Column 2
      2020 27 IQI S A./PAWAMA FMi A fPAWAMA SP OAK ica CRI f0» SAV NO* NTC NYC NOR SAV CRI ICS OAK SP ATLANTIC SCNATOR EF 1U I>4 7»4 t/i 1W 14,S U5 HONG KONG SEN WA IM l»i W 51 4 3 3 4 EUROPEAN SENATOR Ef 111 M 1,5 1,5
      2,020 words
    • Advertisement
      Page 27 Advertisements Column 3
      400 27 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS ETA ETA VESSEL VOY SPORE PKL SEKI PINE 27 SW In Pt HELICIA g 30 3 1/4 COSMO ANGEL 2 314 ORANGE MOON 11 1/4 3 4 TRANS AUTO 27 3/4 CHAMPION TRADER 16 10/4 COSMIC CHALLENGER 6 11/4 14/4 SEA
      400 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      800 28 m CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY S PORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYA3IWB 11,4 13,S 19/5 25/5 KUTAIIHWB 30/4 8S Uf* W 26(6 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct lo lnduc«m«nl AI»o accepting cargo lo Casablanca. Poet Said. Port Alexandria. Ganoa. Trlaata
      800 words
    • Advertisement
      Page 28 Advertisements Column 2
      854 28 ML IS. W. %j[ HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK Spore LEH RTM ANR HAM BRV FEL HANJIN CHUNGMU 0/IE 8 4 DIRECT 29 4 2 5 HANJIN HAMBURG 005W 14 72 4 23 4 74 4 ?4 4 25.4 76 4 HANJIN LONGBEACH 033E 15 4
      854 words
    • Advertisement
      Page 28 Advertisements Column 3
      1395 28 V J _J T -J I PKL SGP HKC KSC KLC PUS HKT OSK NOT SMZ TYO LAX CHS SAL NYC LHV AlWd ROM TMP HK PSO CM PKL SCP I E GRAND RE 035 3 4 4 4 44 10 4 12,4 IS4 17 4 19 4 20 4
      1,395 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      2071 29 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE -*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/*****14 IMIPiMViM CFS: K27 IMPORT: *****69/*****50 CFSK27- EXPORT: *****53^*****04 SjjSS fIV NEPUNE SDN BHD MALAYSIA K.L.-(03)*****33, P. Ke<ana-(03) *****87, Penang (04)
      2,071 words
    • Advertisement
      Page 29 Advertisements Column 2
      1194 29 m 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 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VCSSUS VOVAGf ISPGW IMMKA VO*»« SPOBL PKI.ANG MBURC B HAViW ~j"~ TILBuBT
      1,194 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1821 30 K 44 W f f mmm MM V ASAGtNTS KAWASAKI SINGAPORE (PTE) LTD (CR No ***** ***** M TFI *****//' TEIEX KAWAKI RS?3l6b fAX 2249P79 H I V I MAIAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD I dHL Jk j fl pj 7bb47?? PK 36f1/?01'5 Pf NANG 6285/5 JB *****1
      1,821 words
    • Advertisement
      Page 30 Advertisements Column 2
      1389 30 PHIU-ORI€NT UNCS PTC LTD 108 ROfIiNSON ROAO #0/ 00 GMG BUII DING SINGAPORE 0106 I lEL *****?? 2238/69 *****00 TELEX HS ***** PHIU KAX *****76 *****38 ,-dSStM' BY AIR, LAND OR SEA... SK-aMr WE TAKE ON THE WORLD FOR YOU mi:mbe:r or Singapore ratioi n forwarders association xggr ti^ ,r
      1,389 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1587 31 aSagPff PACIFIC INTERNATIONAL LINES (PTE) LTD 0 J Bgf PIL Building. 140 Cecil Street #03-00, Singapore 0106. > JAKARTA 1 »BANGKOK ~1 VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN MEKHANIK KURAKO 54N 30/3 1/4 5/4 INGENUITY 126N 30/3 2 4 BUNQA TERATAI 133 31/3 4/4 7/4 SEA
      1,587 words
    • Advertisement
      Page 31 Advertisements Column 2
      1175 31 BEN LINE CONTAINERS LTDAI 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 I Singapore 0208. Telex: RS ***** (i EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN CGM Paris' 076 30/3 20/4 22/4 Benavon 088 1/4 18/4
      1,175 words
    • Advertisement
      Page 31 Advertisements Column 3
      362 31 Mb MYANMA yß* hve star une V (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI6BN J/5 Apr MYOMAYWA VI34W 3/6 Ape 31/2 Apr AVA VIO7W 5/7 Apr >gUHE BANK UNE (A Mrvica of Andrew W«lr Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA
      362 words
Page thumbnail Page 32
Page thumbnail Page 33
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      643 34 TO AUSTRALIA/NEW ZEALAND »SL ES iFran IMb |s f d lAuck |NPE If CHALK I TNT EXPRESS M 2M 3/5 *5 U/5 W W5 M lUEN HUOIC 270 10/5 W M Vii W kItUSSU 271 »5 iojS e verolme m m uH i*i* Si in v> TO USA/CANADA Smfiport |N
      643 words
    • Advertisement
      Page 34 Advertisements Column 2
      1124 34 EXPORTS TO HONGKONG TAIWAN JAPAN TV/ICE WEEKLY MALACCA STRAITS FEEDER SERVICE I OUTBOUND VOVPKL PNC JKT SIN HKG KAO KEE TYO SMZ NOP KOB VESSEL VOY [SIN |PKL PNG BLW HiT\ CALIFORNIA CARRIER3B "25 323 3 2 4 >4 14 12 4 134 M.I EQUATOR PRIDC 3SA 30 3_ arv
      1,124 words
    • Advertisement
      Page 34 Advertisements Column 3
      175 34 PT. UNITED SHIPPING W ORGANISATION LTD OIHICTNtGOLAHSHMCtS JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA A SURABAYA W Accept carfMi m all tthtr Indonesian porta with trtaihlpamt at Jakarta «r Surabaya. DESTINATION ETA ETD VSL JAKARTA 31/3 1/4 P. KALIMANTAN 5/4 6/4 P SUMATERA 9/4 10/4 P. JAWA W 18/4 19/4
      175 words
    • Advertisement
      Page 34 Advertisements Column 4
      1471 34 rte t aj SP CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE J 2. MISTRI ROAD. HMC BUILDING FAX MUK I #15 00. SINGAPORE 0207 cMTARLINE I CR NO: 11/*****000* C BL I General Agents: COOTAR SHIPPING nr. LTD I TO HONOKONQ ANO C»«NA FROM MOWQ KOWO AWO CIWA I
      1,471 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      910 35 Vessel PKL PNG P G load.ng for A VESSEL 28,03 Rotterdam Antwerp CHINA FULL CONTAINER SERVICE Vessel SGP PKI BHK MRU QIN SHA VANCFANGKOU 14/ 02 04 0)04 0/1)4 12/04 18,04 VANGFANGKOU 149 03 05 (WOi 08 0S It OS 19 05 Also accepting other Chinese porH na HUG AUSTRALIAN
      910 words
    • Advertisement
      Page 35 Advertisements Column 2
      268 35 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) (r$ ETHIOPIAN SHIPPING LINES If (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VFSSH Ivov TeTa ItOAPIVi F(»H SPORE .-All 10/06 OARE SSAi AAM MOMI3 AS Afl MA NLfSANtI ?IWB 10/06 DARESSAI AAM
      268 words
    • Advertisement
      Page 35 Advertisements Column 3
      840 35 teto.P T. MASKAPAI PBLAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL EEEDER SERVICE TWICF WEEKLY WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE. INDONESIA MALAYSIA 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
      840 words
    • Advertisement
      Page 35 Advertisements Column 4
      969 35 SYDNEY/MELBOURNE BANGKOK VOY SPORE SYO MEI VESSEL VOY SINGAPORE BANGKOK PIANETA 0447 04 061 14 72 /44 S IRI BHUM# 4/8N Sat 30 3Wed 3.4 PIYA BHUM 05Gi 14 IS 4 27 2»/4 WANA BHUM#* O/N Sun 313 5,4 PIANHA |OMB 06 08 5 2022/5 24 26/5 MAHA BHUM# 52N
      969 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1350 36 A. A MAC-NELS SINGAPORE EXPORT TEL; *****22 IMPORT TEL; *****02 11 PENANG TEL (04 *****6 KK TEL (088) ?4?2SOIIAWAU TEL (089) //86/9 I I p KELANG TEL (03) *****/7 KUCHING TEL (08?) 4?I433|SKAN TEL (089) *****? IJ BAHRU TEL (0/) *****2 SIBU TEL (084) *****2|SAHIKEI TEL (081) *****8 JAKARTA TEL
      1,350 words
    • Advertisement
      Page 36 Advertisements Column 2
      397 36 lirr%» BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI KULI.Y CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING H I. LCI. FOR AU( KI.ANI), NAPIER. WELLINGTON. BLUFF, CHRISTCHURCH, DUNKDIN, LYTTELTON, INVKRCARGIL, FIJI AND TAHITI SIN N PIY AUCK tYT PREMIER lIS 6 Apr 18 Apr Via
      397 words
    • Advertisement
      Page 36 Advertisements Column 3
      1151 36 5T THONG SOON LINES PTE. LTD. J 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 I SINGAPORE TO SABAH vessel vot Jet* Ipest vessel vot TetiT PEST KIM SOON LI 11/91E 30 MAR
      1,151 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      935 37 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Keljng Singapore E'Msla KAMALEVERETT 04 06 Apr 07.09 Apr 11/13 Apr THOMASEVERETT 1618 Apr 19/21 Apr KARABIEVERETT 10/1? May "EVERETT ORIENT
      935 words
    • Advertisement
      Page 37 Advertisements Column 2
      556 37 I 1 VSL TvOY Is PORE IMAINLINER IIAX IKST |SAV INYC IhFX /IM OSAKA Ut 14 /IMLIVORNO 4,5 13 5 15,5 17,1 »5 JIM KOPER l« 114 ZIM ITALY IVS 24 5 27 5 «5 )l S ZIM TRIESTE UOC li 4 ZIM ITALY li-5 24,5 V 5 21 i
      556 words
    • Advertisement
      Page 37 Advertisements Column 3
      663 37 SING KWANG HANGI SHIPFMM TRAMMONTATIOM |fT(| LTD WEEKLY LCL/FCL SERVICE [VESSEL Is PORE I JAKARTA [SURABAYA RAJA BHUM V 85S 30/3 2/4 JENWEL V 169N I 1/4 4/4 VESSEL SPORE "TIANGKOK A VESSEL 3V3 3/4 A VESSEL 3/4 6/4 DESTINATIONS ETA SINGAPORE PORT KELANG 5 APR MANILA 30 MAR HONG
      663 words
    • Advertisement
      Page 37 Advertisements Column 4
      602 37 PERINTIS LINE 111 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE TIA 15/ A 2803 0104 JATIDIRI 9?5 30/03 03/04 I PHASE TIA 159 A 04/04 0//04 JATIDIRI 9?6 06/04 09/10 TANTO UTAMA 151 ?8/03 31/03 TANTO UTAMA 153 04/04 0//04 TANTO UTAMA 155
      602 words
    • Advertisement
      Page 37 Advertisements Column 5
      406 37 UN FAB EAST 31/3 KEELUN6/KAOHSIUNG 31/3 BANGKOK 30/3 MANILA/CEBU 30/3 JAKARTA/BELAWAN/SURABAYA 30/3 PORT KELANG/PENANG/E. Malaysia 6/4 BUSAN 31/3 TOKYO/YOKO/KOBE/NGO/OSA 2/4 HONG KONG SIN CHINA 2/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUMPE/UK 30/3 LDN/FLX/LVP/SOU 30/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria.' Hungary/Roumania/Poland Bulgaria Czech. SIN USA/CANABA
      406 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      679 38 CB SHIPPING O®) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAK BULK SERVICE •ANKE" SERVICE JAK S« LAC POM T'VIILt V23SB 84 11 124 24,4 2/4 1(5 V>4SB 9.5 11,5 25,5 2t5 2* TANJUNG BARAIS/4 15/5 BUNKER SURCHARGE TEU USD S3 B/BULK USD 500 LCL USD 350 Straits Container Agencies
      679 words
    • Advertisement
      Page 38 Advertisements Column 2
      479 38 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 A N V 04-91W 10/4/91 26/4/91 30/4/91 4/5/91 5/5/91 K.V.U. VO6CW9I 13/4/91 1/5/91 2/5/91 3/5/91 Y M V 05-91W 23/4/91 10/5/91 15/5/91 19/5/91 20/5/91 BUI. V 07CW91
      479 words
    • Advertisement
      Page 38 Advertisements Column 3
      508 38 Ba VESSEL SIN PTL OBN RBV SILVER HAPPINESS VOSW 06/04 16'04 21 04 ALS STRENGTH VO6W 17/04 27/04 02/05 A' VSL VO7W 03/05 14/05 19/05 24,05 Accepting FCL arvd LCL' tor Johannesburg VESSEL RBY OBN PTL SIN KEE BUS ALS OANAOS VO3E 23-03 28/03 02.04 12 04 19 04 2104
      508 words
    • Advertisement
      Page 38 Advertisements Column 4
      541 38 CUUI conmnv mTEßmooßpi I 1 LCL/FCL SERVICE FROM fll/ f I ijsn r=i CUfi op«ratM over 600 t*rmin«l*'offlc»B in UJS.A. I II (P&J m CUJ! maintain* ovtr 35,000 tractor* I truck*. V II UmL M CUM »*rv** ovar 60,000 point* in U.S.A. IJI aBIHa J CtiJi reliable LCI/FCL tervio**. Gen«r«l
      541 words
    • Advertisement
      Page 38 Advertisements Column 5
      640 38 SHIPPING CORP. SDN BHD JWm PT KLAMG TEL 03 *****06 16 llttt| FAX *****11 ~s®f/ PENANG TEL 04 6329?9 SKAN TEL 0M *****2 ~\jr SltU TEL 084-*****2 TAWAU TEL 089 *****9 KK TEL 088 *****0 KUCH TEL 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE FEEDER VOV PEN PKL SIN UALBI
      640 words
Page thumbnail Page 39
  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      581 39 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 **********00 **********00 *****600 *************************300 JR 25 22 16 12 09 07 08 10 16 23 28 30 28 24 18 12 08 05 04 06 1 1 18 2.4 27 PP 25
      581 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      392 40 CHARTPOINT Every Saturday in Business Times fcf PT PELAYARAN. samudra agung KUALA SIAK IV 1/4 BATU AMPAR/SEKUPANG/BATAM TSS 01 2/4 DUMAI/PEKAN BARU ABADI JAYA 5/4 DUMAI/PEKAN BARU KUALA SIAK V 2/4 PALEMBANG 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports
      392 words
    • Advertisement
      Page 40 Advertisements Column 2
      679 40 MERCHANT MARINE CO. LTD. EASTBOUNP TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI PIONEER ME 29/3 4/4 22/4 25/4 2S/4 27/4 HYUNDAI PIONEER 38W 26/2 1/3 2/3 21/3 30/3 LALANDIA 39E 6/4 11/4 29/4 2/5
      679 words
    • Advertisement
      Page 40 Advertisements Column 3
      710 40 CHARTPOINT Every Saturday in Business Times THE NATIONAL SHIPPING COMPANY OF SAUCHARABIA VtsMl Vay No. yport PA Dmmm Dubai Jedtfah (J. AH) H. York Norfolk SAUDI TABU* FEAO49 28/03 30/03 07/04 09/04 15/04 04/05 05/05 Nortoans Houston Savannah BaittMro N. York HoHfai 10/05 12/05 17/05 21/05 23/05 27/05 Vossoi Sport
      710 words