The Business Times, 2 April 1991

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Tuesday, April 2, 1991 75*
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  • NEWS SUMMARY
    • 60 1 BRITAIN'S recession could soon bottom out, the directorgeneral of" the Confederation of British Industry said in London yesterday. John Banham said: "We think we might he in sight of the bottom of the recession. Times are still very difficult for a very large number
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    • 55 1 REBEL SERBS in Croatia yesterday declared their region is leaving the republic to join with neighbouring Serbia, threatening fresh ethnic violence in the Yugoslav federation. A council representing the Serbian minority made the announcement after meeting near Plitvice, where two people died on Sunday in gun
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    • 20 1 PROPERTY PRICES declined in the last quarter of 1990. says an Urban Redevelopment Authority study Page 2
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    • 26 1 THE LATEST REPORT by the Singapore Tourist Promotion Board confirms a sharp slowdown in in the number of Japanese tourist arrivals. Page 2
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    • 22 1 THE CHAIRMAN of the Kuehing Chinese General hamber of Commerce is urging Singaporeans to explore Sarawak timber ventures. Page 7
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    • 31 1 UK Foreign Secretary Douglas Hurd will seek to speed up talks with China over the future of Hongkong when he visits Beijing this week. Page 7
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    • 26 1 OIL PRICE stability is imperative fur Ciulf producers seeking to make up for losses and meet new commitments after the Ciulf war Page 9
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    • 23 1 FIGHT local suppliers and moulders of polystyrene foam say they do not use CFCs in their manufacturing processes Page 12
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    • 22 1 FILM DIRECTOR Solrun Hoass' immigrant background has given her new insight into the world of Australia and Japan Paße 15
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    • 25 1 LUFTHANSA is planning to expand services from Singapore in the next few months to meet growing demand. Shipping l imes Page I
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  • MARKETS SUMMARY
    • 31 1 WALL STREET opened lower yesterday with the IXiw Jones index of 30 leading industrials posting a decline of 8.66 points to 2.905.20 in the first five minutes of trading.
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    • 29 1 SINGAPORE Petroleum is expected to proceed with a proposed major upgrading project to be undertaken with its two other partners in the Singapore Refining Company Page 3
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    • 48 1 A COMPARISON of local banks' performance on a sixmonth basis reveals that only DBS Bank and OCBC Bank generated higher earnings for the last six months of last year from the first half of the year, both at group and bank levels Page 3
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    • 24 1 BHP is carry ing out studies on Malaysia and Guam as possible sites for a Asl billion oil refinery Page 4
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    • 26 1 ARAB Banking Corporation, the biggest international Arab bank, blames the Gulf crisis for its net 1990 loss of US$9l million Page 6
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    • 31 1 MARKETS in the following countries were closed for Easter Monday: Australia. Austria. Belgium. Canada. Denmark. France, Netherlands, Germany, Hongkong. Italy, Luxembourg. Norway. Sweden. Switzerland, the UK and New Zealand.
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    • Article, Illustration
      30 1 Mnnda) han«e HT-MCiA 730.33 -6.2") Kuala l.umpur ....587.06 tO.Ol Tokyo 26,007.40 -2X4.64 Hongkong Closed Svdncy C losed I hursda> < han«c New York 2.413.86 -3 71 London 2.456.5 -8.1
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    • 20 1 Exchange rates USS SS 1.7860 KM) Yen SSI.2703 MS SS0.6450 Money market rates Overnight 4-1/2% -I 3-month 4-9/16% unch
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    • 22 1 KL Tin 4 Turnover 67 tonnes Spot M$ 14.80 /kg -0.W Crude palm oil Turnover 1,144 lots -244 Apr. MS 7%/tonne
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  • 484 1  -  Relocation will free office space in Shenton Way By Lilian Ang KEY MINISTRIES are to be shifted to new buildings near City Hall under a plan that will free office spacc in Shenton Way. The first three ministries to be relocated
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  • 409 1  -  KL stockbroker turns down offer from Alliance By William Chia MALAYSIAN stockbroking group Rashid Hussain Bhd intends to acquire a 49-per cent stake in Singapore-based Cathay Securities instead of Alliance Securities. The acquisition, which has received in-principle approval from the Stock Exchange of Singapore,
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  • 280 1 Reuter INDONESIAN President Suharto. facing the end of his fifth term next year, has implied in an interview that he is not ready to call it quits yet. although he has stopped short of saying he will run again. In the interview in this i week's
    Reuter  -  280 words
  • 273 1 THE US DOLLAR opened markedly lower against the Singapore dollar yesterday at 1.7875, compared to Thursday's closing ot 1.7950 and high of 1.7990. It traded to a session low of 1.7850 on liquidation of long positions, before closing at 1.7860. The retreat from the
    Source: TeleTrac  -  273 words
  • 410 1  -  From Catherine Ong in HONGKONG MORE than 10 Hongkong companies have obtained permanent residence in Singapore for their nominees under an investment scheme which seeks to attract eminent entrepreneurs with immigration incentives, sources say. The scheme for Corporate Special Holding Companies (CSHC)
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  • 153 1 RECENTLY the Singapore Chinese Chamber of Commerce and Industry (SCCCI) inaugurated its 65th council with traditional pomp and splendour. L nder the surface, however, all was not well. Many young Chinese entrepreneurs are discontented with the way the chamber is run. One source of discontent
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  • Page 1 Advertisements

  • HOME NEWS
    • NEWS ROUNDUP
      • 84 2 THE DUTCH prime minister, Mr Ruud Lubbers, arrives today on a three-day official visit. He will be accompanied by Mrs Lubbers; the Dutch Foreign Affairs Minister. Mr H Van dcr Broek; senior officials; and leading businessmen. During his visit, he will meet President Wee
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      • 83 2 FROM TODAY, inspectors of lifting equipment can submit their inspection reports to the Labour Ministry with a dial-up system using personal computers and telephone lines. Called the Lifting Equipment Registration and Inspection or LERI System, it is jointly developed by the Labour Ministry and the
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      • 105 2 WAGE NEGOTIATIONS successfully concluded last year between the Public Utilities Board and two unions the Daily-rated Employees Union and the PUB Staff Union came into effect yesterday. The wage revision for 2,556 daily-rated staff will cost the board 55.2 million a year, an increase of
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      • 46 2 THE Singapore Indian Organisation, SINDA. has set up a $2 million endowment fund for its projects with monies from the 25th anniversary Charity Fund. President E Sukumar said the interest earned on the fund will be used for its future plans.
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      • 44 2 TAT LEE BANK's 51-pcr-ccnt subsidiary. Commercial Discount Company, will be voluntarily liquidated following a decision made at an extraordinary general meeting on March 28. The bank's profitability and net tangible asset per share will not be affected by the liquidation.
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    • 525 2  -  Effect of Gulf crisis quantified By Salil Tripathi THE EFFECT of the Gulf crisis on Singapore's property market, which brought transactions to a standstill and pushed prices down, has now been quantified. In the first official confirmation of the magnitude of decline
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    • 308 2  -  By Michelle Low AT LEAST one major international exhibition cum conference held in Singapore has yet to recover from the effects of the Gulf war. Participation at Baucon Asia *91, international trade show for the latest construction and building equipment to be held at
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    • 460 2  -  By Suzanne Soh THE number of Japanese tourists who visited Singapore last December totalled 79.000. only 2.6 per cent more than the figure for December 1989. This was the first slowdown in growth rate for that market since the economic recovery three years
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    • 394 2  -  By Claire Leow THE huge worldwide staff cuts by American computer giant International Business Machines (IBM) will not affect its local operations, a spokeswoman for IBM Singapore said. She said the cuts, involving more than 14.000 employees or 3.8 per cent
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    • 394 2 SORRY, there's no Handbook for Global Executives. None that we know of by the Global League Forum at least. The forum we reported yesterday as having been formed a year ago in Berne to study the emergenec of global cities only came into being
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  • Page 2 Advertisements
    • 103 2 BUSINESS IS BACK AND WE'RE BACK IN BUSINESS FROM 04 APRIL There's never been a better time to do business in the Gulf and never a better way to fly there. Every Friday and Sunday Gulf Air leaves Singapore tor Bahrain with convenient connections to our other Gulf destinations and
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 489 3  -  Engineering studies with Singapore Refining partners to begin soon By Loh Hui Yin BIJOYED by. strong earnings, Singapore Petroleum Company (SPC) is looking closely at a major upgrading project to be undertaken with its two other partners in the Singapore Refining Company. They are to
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    • 670 3  -  By Magdalene Ng I.AST YEAR was a mixed one for the local listed banks, with two of the Big Four Banks continuing to post steady growth while the other two emerging worse oIT from the Persian Gulf crisis. A comparison of the banks' performance
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    • 530 3 SRI HARTAMAS Development Sdn Bhd (SHD) should be wound up because the company is unable to pay its debts, a lawyer contended in the Malaysian High Court on Friday. The developer had not paid MBf Finance Bhd a judgement
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    • 182 3 Reuter THE SNARES of Dunlop Estates Bhd surged ycstcsday after they were re-listed on the Kuala Lumpur Stock Exchange after a seven-month suspension, brokers said. They opened at M 52.90 (S$ 1.9) and rose gradually to end the morning at M 53.46. It was the most
      Reuter  -  182 words
    • 278 3 THE OFFER by First Capital Corporation (FCC) to buy outstanding shares of British American General Insurance Company (Bagi) at S$ 1.8925 each is "fair and reasonable", according to the adviser for Bagi's independent directors. The adviser. Standard Chartered Merchant Bank Asia
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    • 335 3  -  By Genevieve Cua THE GULF crisis dented the sales of newly-listed Provisions Suppliers Corporation (PSC) last year, despite public assurances that the food group was "recession proof". For the year ended Deeembcr 1990. PSC's after-tax profit before extraordinary items totalled $2.3 million,
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    • COMPANY BRIEFS
      • 43 3 INTER-PACIFIC Industrial Group's stockbroking unit and two other firms have completed their merger into a new entity called Inter-Pacific Capital (IPC). Inter-Pacific will own 27 per cent of IPC, which has a paid-up capital of M 534.% million.
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      • 38 3 SUPERIOR Metal Printing has told the Stock Exchange of Singapore that its 1990 group turnover was below its forecast in its listing prospectus due to lower-than-expected trading and flexible packaging sales to China.
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      • 62 3 GIJTHRIE GTS has told the Stock Exchange of Singapore that the 13-cent rise in its net tangible asset per share as of Dec 31. 1990. was due to the premium received from its placement of 25 million shares, the conversion of 13.32 million TSRs to 13.32
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      • 50 3 KIM ENG has disclosed that it formed an audit committee on March 2. consisting of Ronald ()oi. John Richard Bittleston and Dr Yeoh Ghim Seng. Separately. MHE said its audit committee was set up on March 18. comprising Peter 800, Derrick Lee and Eric Cheong.
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      • 28 3 AMBASSADOR HOLDINGS said yesterday that its group net tangible assets for 1990 should be 82.3 cents per share, and not 93.3 cents as previously disclosed.
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      • 41 3 JOHN GOVETT Management (Jersey) has disclosed that it bought 50.000 more shares in Metalock (S) for $145,656, or about $2.91 each, on March 12. It now holds a 8.68 per cent interest in the Sesdaq company.
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      • 36 3 KEPPEL FINANCE has fixed the exercise price of its warrants at $2.12 per share. The warrants were issued together with the company's $60 million 1.25 per cent unsecured bonds due 1996.
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      • 67 3 METRO'S 85 per cent-owned subsidiary. Metrobilt, on March 30 sold its entire stake of 70 per cent in PSI Concrete for $162,000. PSI thus ccascd to be a subsidiary of the Metro group. Another Metro subsidiary, wholly-owned Metroplan Engineers, was liquidated on March 30 through
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  • Page 3 Advertisements
    • 235 3 It s ANA I lotel Smaapor tor me I rom now on. J W ANA HOTEL SINGAPORE Secure Your Share of India's Growing Electronics Market! The 2nd presentation of the latest in components f equipment and systems for PCB, Semiconductor and Microelectronics design, production, processing, testingi and packaging, held concurrently
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 112 4 THE SPEED with which the Robinson Department Store Group in Thailand expanded has landed it with the problem of having to find qualified middle-management personnel, The Nation reported. The company recently restructured its management and administration as it moved close to applying for a
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      • 103 4 BRITISH TELECOM will act only as the technical adviser to Thailand's C P Group's mega telephone project and will not become involved in the management, a source told The Nation.The statement confirmed market rumours that British Telecom might not hold equity in the project, which
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      • 81 4 JAPAN'S Taisei Corp said yesterday it planned to form a joint venture with Indonesia's Salim group of companies to develop a 700 ha industrial site for 18 billion yen (***** million). The construction company said the site, located 80km east of Jakarta, would become one of the
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      • 102 4 INDOMOBIL Group, one of Indonesia's major automotive manufacturers, and VDO Adolf Schindling AG of Germany, have agreed to establish a joint venture with an investment of US$l million (Ssl.B million) to manufacture automotive instruments. An agreement on the joint-venture firm, to be operated by Indo-VDO Instruments,
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      • 91 4 SOME 3,500 workers demonstrated on Sunday in protest against the laying off of 1,100 staff by Hongkong's private-ly-owned telephone company, police said. The employees of Hongkong Telecommunications gathered peacefully in central Hongkong before presenting a petition to the British colony's governor, Sir David Wilson, urging
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    • 297 4 US-BASED Choice Hotels Thailand, the country's first franchise hotel operation, is to bring between 10 and 15 hotels under its wing in Vietnam and Burma in joint ventures, says The Nation, a Thai English-language daily. According to Mr Vongbhum Vanasin, managing
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    • 345 4 AFP AUSTRALIA'S biggest company, BHP Co Ltd, is looking closely at Malaysia as the site for a Asl billion (551.38 billion) oil refinery to be built with its partner, Chinese Petroleum Corp of Taiwan, say industry sources in Perth. Pacific Resources Inc, the
      AFP  -  345 words
    • 301 4 BANGKOK BANK Ltd and one of the major newsprint producers in South Korea have agreed to establish the first newsprint paper mill in Thailand, Shin Ho Paper (Thailand) Co Ltd, a move that will substitute 70 per cent of the current total
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    • 662 4 HUTCHISON Whampoa's growth prospects remain entwined with its telecommunications division, but the focus for this will increasingly be outside Hongkong, due to questionable local government policy,-according to Mr Simon Murray, Hutchison's group managing director. Mr Murray said he believed that in five years' time,
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    • 444 4 HOPEWELL Holdings is arranging a loan facility of HKSI.2 billion (*****.8 million) for the construction of a Kowloon Bay exhibition centre following its acquisition of a 50 per cent stake in the site held by Cheung Kong Holdings. According to the South China Morning
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    • 368 4 FOLLOWING the arrest in Thailand of two suspected gang members on charges of forging share certificates, local police now believe that Hongkong triads have penetrated the Bangkok stock market. One of those arrested, a Taiwanese identified as Li Leng Seng, was charged
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  • Page 4 Advertisements
    • 158 4 Eijr^lpeatv EUROPE'S FIRST NATIONAL NEWSPAPER Is now available in Singapore If you are serious about 4 developing your business in Europe a new economic \s? power in the making-THE EUROPEAN "V* is your vital weekly source. r THE EUROPEAN gives the news, the trends, the analyses 1 and the answers.
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    • 92 4 UNITED HOUSE Excsllenl I I r* Invesment j. i X; f O o. c I rff T pportunity For ft ~7 /^Si*jjiry //^T nvestors/ w Q k QONI Owner 5 i Wccupiers yv_ Li JJ I 1 I Quality Office Accommodation Ist Floor Suitable for Showroom Enbloc or Strata Sale
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  • INTERNATIONAL COMPANY NEWS
    • 475 5 Trading houses seek higher returns in America The Japan Economic Journal IN A MOVE destined to lead to more joint development and production in aerospace, a number of Japanese trading companies have begun to buy equity stakes in US aircraft manufacturers. Until now, the
      The Japan Economic Journal  -  475 words
    • 583 5 NYT CITIBANK plans to guarantee people who shop with its card that they will pay the lowest available price. Citibank, the world's largest issuer of credit cards, announced in New York the service would cover consumer electronics, furniture and clothing, but not
      NYT  -  583 words
    • 415 5 NYT IT WAS A GOOD quarter for investors generally. But because of the strength of the dollar, it was not as good for American investors. Mexico's bourse again led the pack, rising 36.9 per cent in local currency, and continuing its recent dominance
      NYT  -  415 words
    • COMPANY BRIEFS
      • 71 5 TWO US oil companies. Union Texas and Occidental, signed agreements with the Pakistani government for petroleum production in the southern Pakistan province of Sind, a government statement said. It said the lease agreements for nine discovered oilfields covering a 795 sq km area
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      • 72 5 SHARE PRICES are likely to rise sharply at the Karachi Stock Exchange (KSE) in southern Pakistan, dealers, analysts and officials said. There were several solid factors behind the expected spurt including a rise in yarn prices abroad, foreign exchange reforms to attract foreign investors, remittances
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      • 78 5 NKK Corp and Mitsubishi Aluminum Co, both firms based in Tokvo, have signed an agreement for joint research and development of aluminum sheets for the automobile industry. The agreement is to be effective April I. A NKK spokesman said the two firms will combine resources from their
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      • 69 5 MONSANTO Co said its NutraSweet Co subsidiary is developing a new sugar substitute, called Sweetener 2000, that has no calories and has 10.000 times the sweetness of sugar. The patent on the company's aspartame sugar substitute, sold under the name NutraSweet and the leading product in
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      • 52 5 TKXAS Instruments Inc filed a shelf registration with the US Securities and Exchange Commission for an offering of US$3OO million (***** million) in debt securities and warrants to exchange debt securities. Proceeds would be added to the company's general fund and used for general corporate purposes,
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  • Page 5 Advertisements
    • 846 5 5 y V'j* m' «slr Mr Ang Ho«mChong dt St loseph's Home tor the Aged one ot the 42 thdritiessupfjorted |h\ the ommunitv C hest ot Sinßdpore t wasn't as difficult as I imagined. I was prepared to invest considerable amount of company time and resources to implement the SHARE
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 112 6 CUSTOMERS OF DBS Bank can now get a 10 per cent discount when they buy Teleview equipment through the local hank. The offer which will end on June 30 is in line with the bank's efforts to bring Teleview to the homes ot" a wider
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      • 100 6 BANK Internasional Indonesia (BII), a major local private bank belonging to the Sinar Mas Group, said it was dropping plans to buy some Asian branches of Lloyds Bank. "We will not proceed further," a 811 official said. "The situation has changed. It's probably better to
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      • 97 6 THE BANK of Japan (BOJ) will sell 400 billion yen in government finance bills (FBs) today to keep a tight credit stance in the face of widespread market expectations of a discount rate cut this month, money traders said. The BOJ says that it will
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      • 87 6 AN ADVISORY panel to the Japanese Ministry of Finance (MOF) may recommend requiring more complete financial disclosure from some unlisted companies, a MOF official said. The new rule would require large unlisted companies to report on their balance sheets, shareholdings and shareholders, to protect their
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    • 576 6 ABC in the red to the tune of US$9l m Reuter ARAB Banking Corporation (ABC), the biggest international Arab bank, has announced a net 1990 loss of US$9l million (S$ 163.8 million) which it said is largely due to the Gulf crisis. Its
      Reuter  -  576 words
    • 341 6 MORE BANKS in Malaysia are expected to raise their base lending rates (BLRs) following the announcement by Malayan Banking that it has raised its rate by 0.5 per cent to 7.75 per cent, effective yesterday. Malayan Banking is the first of the premier banks
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    • 611 6 CITIBANK NA has embarked on a head start to take advantage of the secondphase foreign exchange liberalisation in Thailand by launching foreign currency accounts in 21 currencies and baht "Smart Accounts", aimed at improving the efficiency of the customers' cash management. A report in
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    • 294 6 FINANCIAL staff turnover rates and wage rises are falling. according to a survey of 46 leading institutions in Hongkong. The survey, by United States consultancy Towers. Perrin, Foster and Crosby, looked into pay levels, pay practices and the benefits offered by the participant companies
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    • 264 6  -  By Quak Hiang Whai TURIN-BASED Istituto Bancario San Paolo di Torino (San Paolo Bank) has reported a group net profit of US$4B4 million (SsB6l million) for its 1990 operations, up 8 per cent from 1989. The operations of San Paolo Bank's offshore
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    • 476 6 CONTROVERSIAL plans by the Bank of China to centralise the foreign exchange dealing operations of the group's 13 member banks have come to a halt, the Sunday Morning Post said. The bank decided to bring together the group's forex operations after undertaking
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  • Page 6 Advertisements
    • 206 6 A TASTE OF STEAK SEAFOOD ANGMOKIO HOTEL MIRAMAR BRASBASAH MENU WISMA ATRIA BUKITTIMAH IS UGANG IB,MW ZZ Surf Turf $16.50 $16.00 $15.50 Ribeye Octopus $15.50 $15.00 $14.50 Sirloin Fried Oyster $14.50 $14.00 $13.50 Lobster Thermidor $20.00 $19.50 $19.00 Grilled King Prawns $19.50 $19.00 $18.50 Baked Seafood In Foil 14.50 14.00
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  • Page 6 Miscellaneous

  • THE REGION
    • 352 7  -  From Abdul Hadhi in KUCHING OPPORTUNITIES exist for economic collaboration between Singapore and Sarawak businessmen in timber-related industries, the chairman of the Kuching Chinese General Chamber of Commerce, Eric CT Kung, told the Association of Small and Medium Enterprises' (ASME) trade mission to
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    • 313 7 Reuter BRITISH Foreign Secretary Douglas Hurd wants to hasten what he has called "the snail's pace" of talks with China over the future of Hongkong when he visits Beijing this week. The five-day trip, which makes Mr Hurd the most
      Reuter  -  313 words
    • NOTE BOOK
      • 113 7 THE Philippines will file up to seven criminal cases against the widow of former president Ferdinand Marcos to recover US$35O million (***** million) kept by the Marcoscs in Swiss banks, a senior official said. "There are five to seven criminal cases ready
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      • 96 7 RAFIDAH AZIZ, Malaysia's International Trade and Industry Minister, will visit Japan and South Korea later this week to secure support for a proposed economic grouping. Mrs Rafidah will visit Tokyo from April 3-8 and Seoul April 8-11 for talks with government officials there. Both
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      • 61 7 INDOCHINA's first business weekly was launched in Vientiane last month, reported The Nation. The Vientiane ihu-rakij-Sanxkhom which has an initial subscription of 650 subscribers is also available at newsstands in the Laotian capital. The 12-page weekly is reported to be gaining popularity among foreign businessmen hungry
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      • 88 7 CARETAKER Prime Minister Anand Panyarachun is planning to visit the United States and Japan to shore up Thailand's image following the February military coup, a Thai Foreign Ministry spokesman said. Spokesman Sakthip Krairiksh said visits to Washington and Tokyo were being arranged for Mr
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    • 446 7 Reuter THE Soviet Union's reduction in its overseas commitments is making itself felt in Laos where Moscow is ending a I 5-year role as economic, diplomatic and political crutch to Laos. On the outskirts of the languid capital stands the unfinished
      Reuter  -  446 words
  • Page 7 Advertisements
    • 399 7 f 7 I J "s"^^T I t *H ~j» IH n i Nowadays, home computers are really cheap. That is, until yea America's leading corporate computer manufacturer and winner of many start putting together the whole package of features above. Thou, you'd distinguished awards including the Byte Magazine Award of
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  • THE WORLD 1
    • WORLD WATCH
      • 89 8 SOUTH KOREAN President Roh Tae-woo yesterday said that entry into the United Nations by long-time rivals South and North Korea is the key to peaee on the divided peninsula and to all of Asia. "Entry into the United Nations... until such time as
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      • 64 8 SOUTH AFRICA, currently the target of a UN oil embargo, is set to supply fuel to the Indian Ocean island nations of Madagascar and Mauritius. The Johannesburg Sunday Times reported that the crude oil would come from the vast stocks, estimated at enough to supply
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      • 70 8 PANICKED BUYERS in Romania emptied state stores of chickens, bread, sugar, and anything else that was up for sa|e on Sunday in anticipation of a government plan to raise basic food prices by more than 100 per cent yesterday. The government hopes the price increases, along
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      • 74 8 MUMTAZ RATHORE, Prime Minister of the Pakistani-ad-ministered part of Kashmir, dissolved on Sunday the state assembly in a move that ends control of the area by the party of former premier Benazir Bhutto. "My government was under extreme pressure and there was a constant threat of a
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      • 54 8 JAPANESE Foreign Minister Taro Nakayama will go to China this week on the highest-ranking official visit by Japan since the 1989 bloodshed in Tiananmen Square. A Foreign Ministry spokesman in Tokyo said yesterday that Mr Nakayama's schedule had not been fixed but the government might
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    • 524 8 US exports and German economy feel the heat NYT THE US DOLLAR, seemingly ignored by the Federal Reserve Board when it was weak, may be rising in importance as a policy consideration now that it is strong, say credit market analysts. There
      NYT  -  524 words
    • 230 8 AFP SOUTH KOREA expects generally smooth trade relations with the US this year, avoiding the serious disputes which it had with its biggest export market last year, say officials in Seoul. South Korean-US trade relations deteriorated sharply in 1990, with Washington criticising a
      AFP  -  230 words
    • 465 8 NYT CONSUMER PRICES across the Soviet Union will soar by an average of 250 per cent today as the government begins its long-awaited price reform. The increases, announced on March 19, have-long been considered a prerequisite for authentic changes in the Soviet cconomy, in
      NYT  -  465 words
    • 504 8 Reuter HALF A CENTURY after a combined Soviet-Mongolian force ended Imperial Japan's dream of tapping Siberia's vast mineral resources. Soviet President Mikhail Gorbachev is coming to Tokyo this month to invite the Japanese to try again. In 1939, an aggressive faction
      Reuter  -  504 words
    • 624 9 Stable prices hold key to post-war recovery AFP OIL PRICE stability has become vital for Ciulf producers as they strive to make up for losses and meet new commitments after the Ciulf war, according to economic and oil experts. "Stable oil prices mean stable revenues,
      AFP  -  624 words
    • 403 9 Reuter BRITAIN'S opposition Labour Party campaigned over the weekend for an early general election, scenting its best chance in many years to end Conservative rule. It says the Conservatives, in power since 1979, arc trapped and divided by the unpopular
      Reuter  -  403 words
    • 454 9 Reuter EGYPT has been transformed from a debt-burdened pariah to an Arab world power broker in three years but political analysts say it has to grapple with political problems that have dogged the region for decadcs. It gambled by throwing its weight
      Reuter  -  454 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 9 9 Kuwait may become showcase of futuristic technology, Pg 11
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    • 56 9 NOW, OSAKA DIRECT EVERY DAY ONLY ON JAL Beginning April Ist 1991, and only on Japan Airlines: a choice of daily flights direct to the busy business hub Departs Arrives j Schedules »r brectets *o'Mor r/>t> Departs Arrives 4 Schedules m brackets fw rft« 00/y Japan Airlines I Willi I
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  • 490 10 EDITORIAL RIGHT from the start, people have paeked up and left home in search of a better life across unknown lands and treacherous oceans. The Bible tells of Jacob, the Jewish ancestor, who moved from Mesopotamia to Egypt. The Aryans shifted from Asia Minor to India about
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  • WHAT THE OTHERS SAY
    • 224 10 CHINA'S leaders exemplify the nature of the country's problems, especially with regard to its economy. They made valuable contributions in the past but they have had their day. Similarly, the modernisation programme is stagnating and is in dire need of new ideas. The price of the
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    • 107 10 THE PLAN by the Association of Muslim Professionals (AMP) to help boost the progress of the Malay-Muslim community appears to have many similarities with that of Mendaki. Hence it would be better if both the AMP and Mendaki sit down and discuss their strategies so as to
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    • 159 10 THE Jalan Besar Town Council is considering levying different conservancy charges on different blocks of flats. Residents who live in dirtier blocks will be made to pay more. The proposal is obviously aimed at reminding residents of their responsibility to maintain the cleanliness of their environment. It
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  • REGIONAL VIEWPOINTS
    • 193 10 IN THE Bank Negara annual report, its governor. Tan Sri Jatfar. speaks of the large amounts of funds that the private sector needs for investment for it to continue to provide the impetus to growth, and that these funds have to be efficiently mobilised from the
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    • 156 10 THEIR ETHNIC and cultural similarities aside, the Thais and Laotians arc certainly in an ideal position to enter into a w ide range of economic partnerships. Given Thailand's relatively more advanced economic and industrial structures, the country could export capital and technology to its northeastern neighbour. At
      156 words
    • 155 10 AMERICA has constantly asked East Asian countries to open their markets to US goods and services. This process of liberalisation is happening. US trade with East Asia is increasing. US analysts expect the growth of US trade with the region to remain rebust. They also recognise that East
      155 words
  • 915 10  -  In Myanmar, those with political ambitions often find themselves on the wrong end of an assault rifle, says Stephen Erlanger Stephen Erlanger NYT NEARLY a year after the military government in Myanmar. formerly Burma, was repudiated in free elections, the prospect of any transfer of power
    NYT  -  915 words
  • Page 10 Advertisements
    • 118 10 Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer. contractor or engineer. all the current trends that affect them you need to he kept well informed to maximise returns on your money Essential information accessible every business day through Business Times In the same way a surgeon needs his tools to
      118 words
  • Page 10 Miscellaneous
    • 40 10 DOONESBURY BY GARRY TRUDEAU PIP YOU HSARMS MIGHT ITS BOOPS/B I'M WORRJSV "IT" mietSTiJCKH&zmiL ABQJT. SHE*?GOTTA B£6OIN' MILITARY ..^L LAKXCW* NUTS' I'M JJSTGLAPSHZ'SIN FAMILYSUPPORT U*£*Li SUCKS. PON7IT 2 A MILITARY FAMILY SUPPORT OFOUP* IN UV&tXu' UmtPSMMtX j GPOUP MAUOU* OKAY,
      40 words

  • ANALYSIS
    • 923 11  -  Having to rebuild their country from scratch, the Kuwaitis are opting for a spanking new approach to city-living, reports Leigh Bruce Leigh Bruce NYT A rebuilt Kuwait could emerge as a showcase of futuristic Western technology and management systems, in some cases surpassing
      NYT  -  923 words
    • 1226 11  -  Diana Oon takes a close look at the troubled Singapore Federation of Chambers of Commerce and Industry Diana Oon THE Singapore Federation of Chambers of Commerce and Industry (SFCCI) met last Tuesday for the first time in six months. The public
      1,226 words
    • 920 11  -  The search for Marcos' billions is proving rather futile, says Seth Mydans Seth Mydans NYT AFTER a five-year hunt through the courts and banking systems of three continents, the Philippine government has uncovered yachts and paintings and silver services and a
      NYT  -  920 words

  • INNOVATION & TECHNOLOGY
    • 502 12  -  Not all manufacturing processes of polystyrene products make use of CFCs, discovers Claire Leow Claire Leow WITH the green movement gaining momentum, eight local suppliers and moulders of polystyrene foam say they do not use CFCs (chloroflorocarbons) in their manufacturing processes. CFCs are
      502 words
    • 340 12 Homegrown met-al-finishing company Malafon Technologies hopes to cash in on the growing green movement with its newly-de-veloped Environmental Protection System (EPS). Marketing manager Peter Chew claims that the system can turn inorganic waste water containing chromium and heavy metal ions, which
      340 words
    • 269 12 AP JAPAN'S NEC last week began marketing a portable computer that it said is the first that can communicate with other computers via a built-in radio transceiver. Businessmen, reporters and others who use laptop computers when they travel generally use telephone
      AP  -  269 words
    • 477 12  -  Everybody's talking about laptop computers. Kenneth James takes stock. IT MATTERS Kenneth James Laptop computing is a market in one heck of a hurry. Laptops today arc easily the fastestgrowing part of the entire computer world, and the units themselves are becoming increasingly attractive. Just months
      477 words
  • Page 12 Advertisements
    • 302 12 Central Control. Local Freedom. A flicker of light. Barely noticeable. Soon, the heat is unbearable. And flames snap, destroying everything within reach. The problems of managing your network have grown as you have. And there's no end in sight. Now there's a way to keep them from getting out of
      302 words

  • FOCUS
    • 1056 13 SGS-Thomson and Oki Electric the latest to team up in high-capital industry Japan Economic Journal DESPITE their positions as giants in the electronics field, SGS-Thomson Microelectronics NV and Oki Electric Industry Co are near the back of the pack in the dynamic
      Japan Economic Journal  -  1,056 words
    • 879 13 Why Applied Materials succeeds where others falter Japan Economic Journal THE RISE of Applied Materials Japan Inc (AMJ), the Japanese subsidiary of Applied Materials Inc of the US, provides one of the rare success stories of foreign manufacturers operating in Japan. The company's
      Japan Economic Journal  -  879 words
  • Page 13 Advertisements
    • 121 13 I OKI FAX OKIFAX 3 Tel/Fax Auk) Switch Directory Dialling 8 One-Touch Dialling Built-in Memory S Auto Redial Delayed Broodcast Initiative High-Speed Transmission Up to B4 size transmission *3-year tubtcripfofl of OIQFAX Of-7. Pi want to know more about the fax machines. Please send me more information. j Name: Address:
      121 words

  • Page 14 Advertisements
    • 224 14 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE ~j* .JMMI GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES.
      224 words
    • 266 14 M FOR THE WEEK AHEAD. Sunday casuals are welcomed at chic Chinotserie. Jeans are a goer, along with deck shoes and collared T-shirts but singlets, shorts, slippers and sandals are still not on. NO COVER CHARGE on CASUAL SUNDAYS and COMPLIMENTARY SNACKS will be served at 12.00 midnight. For an
      266 words
    • 301 14 —i ->, r ~X AtSeafcx>dTheatre a -'j^ za Hotel X n^Wrn i Thi» Premier Restaurant offer* in Sichuan Cuisine that t£"s' istisfies the most discerning palate. Our spacialues include Camphor K&S? (JV 4 and Iba-Smoked Duck, and Sauteed Prawns in chilli sauc* sV* Whatever the the ambience and the food
      301 words
    • 262 14 Mpj Scandinavian Buffet Lunch Noon 2.30 pm jPUffi We serve the world to you at The Belvedere. ujos 111 Orchard Road Shwore 0921 W *****11 iiiiii W-1 *j I j; m f (k\ I **;•>. v w«iWH wHnHeHW* v I y i N -i ***rt**v M. IchinaK^vnl AN EXTRA VALUE
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  • Page 14 Miscellaneous
    • 622 14 TELEVISION AND RADIO Flcinr»ina with thp Hpvil 380,2 I %arr ,nM dl bushessonradk) inducing wiiii ine aevii g sssu* r&risirsir" I——l 0.30 PM CNN hrternattonal (L). 9 30 SSL™" M (See ur 0.35 Drama Belenggu. 5.30pm, 3.25 am: Financial News S.OO Spain In the Shadow of 930 Cooking Programme (M)
      622 words

  • LIFESTYLE
    • 676 15  -  Salil Tripathi meets a Norwegian film-maker who lives in Australia, makes films about Japan and wonders where 'home' is Salil Tripathi SOLRUN Hoass has never grown up in a culture she can call her own She was born in Norway from where a missionary father took the
      Picture by Ponch Hawkes  -  676 words
    • 489 15 CHATTERBOX CHRYSLER chairman I.ee lacocca wed a 42-year-old restaurateur. Darrien Earle, in a secretive ceremony in Los Angeles last Saturday attended by family members and about 100 friends. The ceremony took place at the home of Allen Paulson, a former business partner of lacocca,
      489 words
    • 1256 15  -  George M Point visits the company behind sneezing powder, squirting flowers, 'joy' buzzers and other practical jokes George M Point NYT FOR Samuel Sorcnson Adams, the road to success began with a snee/e. His fateful moment, in 1906. led to the creation of
      NYT  -  1,256 words
  • Page 15 Advertisements
    • 213 15 AND ENTERTAIN Set Your Heart On Our Set Meals. i ex* H. II 10 i I wGPm f/B \i I II R >\ The Cafe-in-the-Park is well known for its excellent food. And now, for its value-tor-money set meals. Everyday, except Saturdays. Jk ANA HOTEL 16 NASSLM HII L. SINCAI\
      213 words
    • 52 15 I >'v. \ou 11 have to go a long way to jind seafood any fresher. Lunch: 12 noon 2. i 0 pm. '9~ Except Sunday. Dinner: 6.30pm 11.00pm. Till suriion pi A(.r iivel j Tin p*n p\« :im iioiii sim,«poie vakin* SQUttE. lAFFIES Ml lIVAIII SINI.API»I 111 *«<-xlll I\ X
      52 words

  • SPORTS
    • SIDE LINES
      • 105 16 SPORTS INJURIES are costing New Zealanders more than NZ$26 million (Ss27 million) a year with more than a third of it going for rugby players, official figures showed yesterday. All work, road and sports injuries are covered by the Accident Compensation Corp
        105 words
      • 31 16 LIVERPOOL, who slipped badly on Saturday at home to Queen's Park Rangers, got another chance to head the English First Division yesterday when they travelled to struggling Southampton.
        31 words
      • 64 16 TOTTENHAM MANAGER Terry Venables said on Sunday that he is determined to lead his business consortium to victory in its bid for struggling Spurs. Although the board of Tottenham Hotspur pic rejected his consortium's efforts, Venables said: "My bid is vital for the survival of the club,
        64 words
      • 94 16 ANDERS FORSBRAND shot a final-round 7-under-par 65 on Sunday, rallying from five strokes off the lead to win the U*****,000 (*****,000) Volvo Open of Florence by one shot. The Swede, who shot a 66 on Saturday, finished with a 14-under 274 total, overtaking third-round leader
        94 words
      • 62 16 JAHANGIR KHAN won his second World Grand Prix event in straight weeks by beating arch rival Chris Dittmar in the final of the Scottish Open. Jahangir beat the top seed Australian 5-15, 17-16, 15-10, 15-13 and the victory completed wins over all his leading rivals since
        62 words
      • 61 16 BRAD GILBERT beat Luis Herrera 4-6, 6-3, 7-5, 3-6, 6-3 on Sunday to clinch a first-round World Group victory for the United States over Mexico in the Davis Cup. Gilbert broke Herrera in the eighth game of the fifth set and then served out at love.
        61 words
      • 65 16 AMY ALCOTT fired a 5-under-par 67 on Sunday to claim her third Dinah Shore Classic with an eight-stroke victory over Dottie Mochrie. Alcott's four-day total of 15-under 273 established a tournament record, breaking Alcott's own 274 total set in 1988. Alcott, who took home US$9O,OOO
        65 words
    • 511 16 AP STEFFI GRAF took a step towards regaining the top women's tennis ranking on Sunday with a 6-4, 6-3 victory over top-ranked Monica Seles to claim the US Women's Hardcourt Championship title for the third time. It was Grafs first tournament victory since November's
      AP  -  511 words
    • 451 16 AP MARTINA Navratilova has been on Hilton Head Island for a week, building a foundation for what she hopes will be a fifth victory in the Family Circle Magazine Cup tournament. "I'm working on everything, but everything's pretty good," Navratilova said. "Just some minor
      AP  -  451 words
    • 359 16 Reuter ITALIAN newspapers on Sunday reacted to the apparent end of Diego Maradona's soccer career with a mixture of sadness and gratitude for his past performances. Napoli's 30-year-old Argentine star tested positive for cocaine after a league match two weeks ago and faces a ban
      Reuter  -  359 words
    • 308 16 AP FINLAND'S Juha Kankkunen took over the lead with one leg remaining in the 39th Safari Rally on Sunday when previous leader Carlos Sainz of Spain developed mechanical problems and had to withdraw. Sainz, who had led since shortly after the start of
      AP  -  308 words
    • 618 16 AP STEVE ELKINGTON made his birdie putt on the 18th hole and Fuzzy Zoeller didn't. That was the difference on Sunday as the Australian longshot won the Players Championship for the biggest victory of his career, "I feel very fortunate," Elkington said after Zoeller's putt broke
      AP  -  618 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 5096 17  -  By Diana Oon (LOB-LISTED Dunlop Estates stole the limelight in an otherwise subdued local market yesterday. Dunlop had been suspended sinee September last year, following the sale of its plantation and related assets to Industrial Oxygen Ineorporated Bhd. leaving it with no specific
      5,096 words

  • 4022 18 Main Board Sunshine Allied 4X2 +18 3 9% Mctiu llldgs 615 15 +2 5% S Reinsurance 179 +14 +8.5% Asia Pacific 1040 +10 +1.0% FEIS50* 620 HO 1.6% Sea View 460 HO +2.2% ICS 400 +10 2.6% BAT 21c 394 +10 +2 6% Cerebos25« 283
    4,022 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4146 19 Bernama SHARE PRIC ES drifted to a mixed elose yesterday in quiet trading as investors stayed on the sidelines on laek of di reel ion. The KLSE Composite Index at the close added 0.01 of a point to 587.06 while the Industrials Index
      Bernama  -  4,146 words
  • Page 19 Advertisements
    • 74 19 Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you re head' hunting", you are on target with Business Times. Executive Appointment advertisements will he in the daily Stock Exchange pages and on Saturday, in the Jobs y page of the FixF For
      74 words

  • BT SHARE INFORMATION SERVICE
    • 113 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L> per share dividend (000) (cents) Pacific Can Mat 18 Sep $1 4501 (JSi 1 m» (0/) Keppel finance Mar 15 Dec 90 $5,276(15.169) 58i6 1) 5(4) Van dei Horst Mar 12 Sep 90 $.'45l< $1,902) 4
      113 words
    • 532 20 Company Date Year Group pre tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) City 0e« Mar 30 Dec 90 $85.064($/1.938) 95(/9) 15(15) Inchcape Mar 30 Dec 90 $103.0/9(1119.583) 40 /(51 1) 325rt45) Intraco Mar 30 Dec 90 $10.056($21.940> 94(180) 4(/5) PMHMrs Mar 30
      532 words
    • 263 20 Apr 1 Keppel Corporation's banking arm, Keppel Bank no* has eight branches in Singapore. following the opening of two more units on Mar 30 United Engirwers (M) Bhd and Hume Industries Bhd have entered into a joint venture with Seino Transportation Co Ltd of Japan to form a
      263 words
    • 1466 20 Current Ex Books Date Total for Total for payment date dose payable the year last year Ac™ 5% IE )un 5 kin 17 Jul 1 10%TE Amtek En< 6%TE(I> Apr 11 Apr 1/ Apr ?6 6%TE 1Z*TC Asean Fund USJO 10(b) Mar 18 Mar 28 Apr 8 US$010
      1,466 words
    • 435 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Tongkah Hldgs Mar 29 Dec 90 M$1 514L(J378) Boustead Mar 28 Dec 90 M$17 902iM$2fl.406> 5(5) Chuan Hup Mar 28 Dec 90 S2.037(J5.109) Ind Oxygen Mar 28 Dec 90 MJ20.205I J16 730) NYA(4 5a) Lum Chang
      435 words
    • 306 20 Company Rights Issue (Mop tit Restricted issue ot $88 514m nominal value of 10% Convertible Redeemable Unsecured loan Stock (CUlS) 1991/19% issued on the basis ot $1 nominal amount ot CIAS tor every 3 ordinary shares ot $1 each held at nominal value Ex-date Apr Boots close Apr
      306 words
    • 901 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term fer one ordinary stare CIC Nt Before 26 4 93 1 warrant plus S3 09 cash Causewi* Loan Causeway Nt 2/10 89 to 20,10 94 1 warrant plus $0 77 cash or 1 warrant plus 50 77 nominal amount of loan stock
      901 words
    • 213 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 h*h: 1307 07 (7/3/91) 1991 lifh: 1512.57 (7/3/91) 1991 low: 1022 52 (16/1/91) 1991 low: 1149 08 (16/1/91) 1990 hifh: 1435 43 (16/7/90) 1990 t*h: 1607 12 (27/3/90) 1990 low: 981 07 09/11/90) 1990 low: 1079 50 (11/10/90) 1989 h«h:
      213 words
    • 484 20 Company Rights Issue Ncom One tor two <« MSI 00 per share Issue ot 40m Cumulative RedeemaWe Preference Shares tCRPSl ot M$0 10 each at MJ1 per share with 10m detachable TSR on the basis ot 1 CRPS with 1 TSR tor every 4 CRPS Bait or One
      484 words
  • Page 20 Advertisements
    • 94 20 I NEWS TRAVELS ALL ADVERTISING MESSAGES arc effective. To varying degrees. In Singapore, when you want to reach oui to a select target audience in the transport industry only one daily offers you the advantage of maximum reach at minimum costs. And that's Shipping Times. Everyday Shipping Times brings you:
      94 words

  • TOKYO STOCK EXCHANGE
    • 2220 21 Reuter TOKYO stocks closed lower yesterday, with prices dropping mainly due to a reluctance to trade rather than real bearishness. With most major overseas markets closed for Easter holidays and providing no direction, investors kept to the sidelines. "The market is in a
      Reuter  -  2,220 words
  • Page 21 Advertisements
    • 137 21 UP. LIVING IT (_D^ EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
      137 words
    • 116 21 The Hongkong market was closed yesterday. CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT. r! U™*: .V ■*>>,< -V r v *W: -> < I i 1 V;;. I 4 F j fei i. I |r. TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed
      116 words

  • REGIONAL STOCK MARKETS
    • Gains in Taipei and Manila, losses in Bangkok
      • 150 22 THAI STOCKS traded weakly yesterday, with some major overseas markets still closed for the Easter holiday, brokers said. But the market is expected to firm soon as listed companies will announce their first quarter results this month, said a broker of Ekachart Finance and Securities Co. The SET Index
        150 words
      • 625 22 Australia Mar 28 A Cents VoK"00) AC Minerals 72 2 5696 ACM Gold 36 unch 4712 ANZ Bank 337 2 ***** Abcrfoylc 380 +10 15 Adcl Sim 32 2 2508 Advancc Bank 540 6 1605 Alcan 147 2 5510 Amcor 466 I 7473 Ampol Ex 262 2 803 Argo 241
        625 words
      • 84 22 low Prevkms April I SYDNEY All Ordinaries Index Closed 1,442.7 .All Industrials Index 2.231 0 All Resources Index 839.5 Turnover (million) 146.47 BANGKOK SET Index 857.18 865 74 -8 56 Turnover (million baht) 2,313 3,800 -1.487 JAKARTA Composite Index 407 09 408.11 -1.02 MANILA Composite Index 1.117.9 1,097.86 +2004 Turnover
        84 words
      • 649 22 JAKARTA stock prices fell across the board yesterday, in the face of a lack of buying orders in the market, brokers said. The official index eased 1.02 points to 407.09 and total volume slumped to 1.81 million shares from 4.70 million on Thursday. "There have been less buying orders.
        649 words
      • 620 22 PHILIPPINE shares yesterday rose moderately to hit their highest levels in a year as some buyers tried to act ahead of a market still dazed by the Easter holidays. The Manila Stock Exchange Composite Index closed at 1,117.90 points, the highest since March 28, 1990, with a gain of
        620 words
      • 892 22 SEOUL share prices fell in thin trading yesterday with investors depressed by a government plan to continue a tightmoney policy into the second quarter of the year. The Composite Price Index lost 9.8 points to finish at 650.05. Turnover was thin at 104.5 billion won against 122.1 billion won
        892 words
      • 381 22 In local current-} In S$ In L'S$ da) S year da> year day year MAR 29 Index change change change change change change World 408 0 0.2 13.9 0.5 12.6 0.5 9.2 fEAFE 536 4 00 14.1 0.8 10.2 0.8 6.9 Europe 423.2 0.0 16.1 1.0 7.3 1.0 4.1 Pacific
        381 words
      • 475 22 THE TAIWAN stock index yesterday rose for the fifth straight trading day, closing at its highest level since early August, as optimism over the economy continued to inspire the market. The Weighted Index gained 157.98 points, or 3.1 per cent, to finish at 5,297.92 compared with a close of
        475 words
      • 904 22 Bangkok Baht Vol('OO) AJ I'last 158 3.00 2933 Alucon 580 American Standa 509 unch 3 Aokom Thai 36 1.00 317 AsiaCrcdit 139 -1.00 756 Asia Fiber 106 1.00 412 Asia Hotel 92 2.00 88 Asia Sec Trad 67 -1.50 5058 Ayudhya Ins 319 2.00 19 Ayudhya Invest 122 -3.00 844
        904 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 836 23  -  THE SAN^KANCIL By David Gabriel Using technical methods the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit leveraged up to 10 times for trading in a portfolio of deiitschemarks, yen, sterling. Swiss francs, Nikkei Stock Index futures and Euro-yen futures.
      Charts by TeteTrac  -  836 words
    • 347 23 REPORTS Tokyo: THE US DOLLAR ended sharply lower against the mark yesterday but oflf its lows after short-covering in the afternoon halved earlier losses resulting from speculative selling by US and Swiss banks in Singapore. The dollar closed only slightly lower against the yen
      347 words
    • 1078 23 SIMEX EURODOLLAR Open High Law* Sett Est Vol Op/lnt Vol Jun 91 93.46 93.46 93.42 93.43 4498 ***** STM Sep 91 93.18 93.18 93.15 93.16 1008 6061 2244 Dee 91 92.67 92.68B 92.66 92.66 85 8672 782 Mar 92 92.48B 92.46 4769 159 jun 92 92 16 398
      1,078 words
    • 391 23 Cross rates apm USS S$ MS Dm Yen SFr AS NZS USS 1.7870 2.7645 1.6840 140.30 0.5682 1.4380 1.2928 1.7036 SS 0.5596 1.5470 0.9424 0.7851 0.3180 0.8047 0.7235 0.9533 MS 0.3617 64.64 0.6092 0.5075 0.2055 0.5202 ***** 0.6162 Dm 0.5938 1.0612 1.6416 83.31 0.3374 0.8539 0.7677 I
      391 words
    • 580 23 Interbank rates SS Bid Offer Overnight 4 1/2 4 5/8 1-month 4 3/8 4 1/2 2-month 4 7/16 4 9/16 3-month 4 9/16 411/16 Overnight mode: 4-3/8 ISS Bid Offer 7 days 6 5/16 6 7/16 1 month 6 5/16 6 7/16 2 months 6 5/16 6 7/16
      580 words

  • COMMODITIES
    • 398 24 MBT THE WORLD'S first com-mercial-scale plant to product' vitamin E from palm fatty acid distillate (PFAD), a by-product derived from the refining of palm oil, may be set up in Malaysia by the end of the year. The study by Golden Hope Plantations,
      MBT  -  398 words
    • 369 24 LEADERS of the Malaysian palm oil industry have expressed concern that the US plan to spend more on farm export programmes could escalate the US-European Community subsidy war, but added that the EC is the bigger culprit. The US government has proposed to
      369 words
    • 795 24 REPORTS TIIF. TIN PRICE on the Kuala Lumpur Tin Market closed nine sen lower at MS 14.80 per kg yesterday following lack of followthrough support. A dealer said there was not much movement in the market as buyers were not keen to buy despite higher
      795 words
  • 1547 24 Rubber Mar >* MS (lob in bates) S univlt; F N»dii !«>**• IfH I KSS I'liMiipl 14 VIM/144 IMN 141 Ml/144 SON lilt I KSS Apr ')l I45.IHVI46 IN) 145 >0/146 SI Im I KSS M.IV 147.75/14X 25 I4X 2VI4X 75 Inl 2 KSS I>1' I4VSVI45SIN I44.IHVI4A.IMN I ill
    1,547 words
  • Page 24 Advertisements
    • 834 24 NOTICES NOTICES IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER Of SAfTAMA FINANCIAL FUTURES (SW OA PORE) PTE LTD (In M«mt»r*' Voluntary liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 1 Raffles
      834 words
    • 796 24 IN THE MATTER Of THE COMPANIES ACT, CAP SO IN THE MATTER OF METROPiAN ENGINEERS PTE LTD m—r VOtUMfIWT WPMO U») NOTICE IS HEREBY GIVEN tut elan Emcrdbwvy General Meeting of (w Company convened and held 1296 lorong 1 #01 01 Toa Payed Singapore 1231 on 30 March 1801 N
      796 words
    • 11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1061 25 City Flight ETA Flight ETD Aim Dhabi GA893 1235 GA974 0005 GA886 0010 *WlM» SQ228 2000 QF82 2200 Amsterdam GA893 1025 GA886 0010 SQ24 0100 KL837 1415 GA892 0110 SQ23 1815 GA974 2025 SQ24 2200 KL838 2240 Athens OA471 2205 SQ24 2200 Auckland NZ35 1550 SQ388
    1,061 words
  • THE TRAVEL PAGE
    • 572 25  -  LETTER FROM OSAKA By Gouw Huat May OSAKA suffers from being in the shadow of exciting Tokyo and elegant Kyoto. But this was not always so. It was once an important political and cultural centre: in fact, Naniwa-kyo, Japan's first known capital, was
      572 words
    • 156 25 As at 3pm yesterday: l-ocal dollars to one unit of foreign curreney Currencies Hid Offer Australian dollar 1.375 1.395 Canadian dollar 1.525 1.545 NZ dollar 1.036 1.066 Sterling pound 3.112 3.132 IJS dollar 1.7830 1.7930 local dollars to UN) units of foreign current Austrian schilling 14.80 15.80
      156 words
    • 86 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td April International Utrecht. Koninkliike (31)*****91 {5? f ndauon FJ (541)*****25 Pac|t Netherlands Nederlandse 5-22 Municipal de Libro Exhibition Jaarheurs Exhibition Fxposicioney Buenos Aires Apnl XVI International Buenos Chamber of (541)*****4 11-26 Furniture Aires Manufacturers April Internal,onal Barcelona
      86 words
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • 280 25 I One so uptight could be a 10 Reason union leader enthe H H H H 11 Overseer in the temple ara ~~~l|||HH|H flfl ain in Libya (6) IX) wrong cooking in egg 18 Cheese for the crocked 18 j I I j f spare man aM Criticised over 21
      280 words
    • 213 25 Singapore Outlook: Shower* our scleral areas in Hie afternoon. Forecast: Maximum temperature 30.5 Assoc humidity 81% Minimum temperature 22.8"C Assoc humidity 100% Hours of sunshine 2.10 Rainfall in mm 23.1 Rainfall this month 23.1 Rainy days this month I World forecast Asia-Pacific Hi/l>o* (ond. Auckland 22/12 Fair Bangkok 33/23 Shower.
      213 words
    • 28 25 DRV Tde. INK.nx FOOT OrnJ'T vJm > cv V TMPfT *TsIVO»Ce,6K'STOuS 1 \l L nKlc J Pg-V Tv*e \MK J y M 8392 _1 EVENING STANDARD CO. LTO., IM2-IMI
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  • 457 26  -  Consultant sees retail, capital goods opportunities By Suzanne Soh ASIA's retail and capital goods sectors offer lucrative opportunities to European investors, said a Singaporebased consultant firm, Booz Allen Hamilton. High growth potential can be found in six Asian countries, including Singapore whose per capita
    Data compiled by Booz Allen & Hamilton; Compiled by: Booz Allen & Hamilton  -  457 words
  • 148 26 Reuter JAPAN'S foreign reserves fell a record US$B billion (S$ 14.4 billion) last month, the Japanese government said yesterday, suggesting that much of its Gulf aid has been passed on to the US and other nations. Last month. Japan set aside 1.17 trillion yen
    Reuter  -  148 words
  • 443 26  -  By Schutz Lee THE US would like to see Singapore Telecom losing more of its monopoly advantages when it is privatised in October. "There is uncertainty now over what the post-privatisa-tion environment would be like. We would be most disappointed if the present
    443 words
  • 333 26 Reuter SOVIET leader Mikhail Gorbachev and his Communist Party colleagues launched a hitter assault on the radical opposition at the weekend, accusing their opponents of seeking power at all costs. Mr Gorbachev, increasingly resuming the role of party chief as well as state
    Reuter  -  333 words
  • 228 26 AFP THAI junta strongman Suchinda Krayproon has firmly rejected calls for an inquiry into rumoured corruption among high-ranking military officers, press reports said in Bangkok yesterday. Since grabbing power in February, the military has come under increasingly strong criticism from former MPs, university lecturers
    AFP  -  228 words
  • 807 26  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is BT's Editor THE prolonged, steep fall in the local stock market following the onset of the Gulf crisis last August has been followed by a sharp, sustained rise in values since the middle of
    807 words
  • 231 26 Reuter ALBANIA'S ruling communists yesterday appeared to have won a clear election victory at the price of personal defeat for President Rami/ Alia and loss of most major towns to the opposition Democratic Party. Unofficial tallies made by the Democratic Party showed the ruling (communist)
    Reuter  -  231 words
  • Page 26 Advertisements
    • 71 26 JIL Baume Mercier GENEVE 1830 I FREIGHT LINKS EXPRESS DISTRIPARK I 62 TOH GUAN ROAD SELF CONTAINED, 3 STOREY WAREHOUSE COMPLEX INCORPORATING 5-LEVEL OFFICES WITH EXCELLENT CONTAINER YARD Strategically located within the Jurong East Business Park Easy access to PIE AYE and Jurong East MRT Station Total lettable area of
      71 words
    • 41 26 JIL Baume Mercier GENEVE 1830 sa A i' v 88 §S$3S 'j&ssBis3&sS3S&§gBg "fV 's.' v> S§3B§S®§Sgj3g" 'i'-f The Researcher's Advantage INVESTAMATIC An On-line Investment Research System for Far East Equities SINGAPORE 225-15'>5 MAI AYSIA (03) 2M-53.11 I IONC, K< *t? 22M
      41 words

  • Shipping Times
    • 362 27  -  By Rahita Elias PROMPTED by strong demand. Lufthansa German Airlines is planning to expand services from Singapore in the next few months. Klaus-Peter Maier. Lufthansa's general manager, Singapore and Brunei, told BT that the carrier will fly six times weekly between Singapore and Frankfurt
      362 words
    • 414 27  -  By Dexter Lee SEA CONTAINERS, the parent of Singapore-based container manufacturer SeaCold Technologies, has reported a near four-fold increase in group net income to U*****.5 million (*****.8 million) for 1990. But most of this income, US$29O million, came from the sale of its
      414 words
    • 339 27 YOKOHAMA remained the top port in Japan in financial 1990 (April 1990-March 1991) in terms of the value of foreign trade cargo. It was its 24th consecutive year at the top and it handled cargo worth 9.153 trillion yen (*****.7 billion).
      339 words
    • 126 27 AP ABOUT 3.000 people in Hongkong marched on Sunday to protest the dismissal of 1,100 workers by Hongkong Telecommunications Ltd. the largest and most profitable corporation in the British colony. The demonstrators, both current and sacked employees of the company marched to nearby Government House,
      AP  -  126 words
    • 181 27 AFP SWEDISH divers have found the remains of a 15th century vessel in the Stockholm archipelago. and archaeologists hope the ship may one day he raised and put on displav. The ship, which sank in 1525. was first discovered in November after three >ears of
      AFP  -  181 words
    • 316 27  -  By Magdalene Phang THIRTEEN trans-Pacific carriers have united to form the Westbound Transpacific Stabilisation Agreement (WTSA) as a new communication channel for member lines. The WTSA was established late last month to facilitate opportunities for members to meet and exchange information on the market,
      316 words
    • 231 27 Reuter AN AUSTRALIAN government minister who promised to resign within a year if he did not suceeed in reforming the country's costly waterfront system has declined to honour the promise. Shipping and Aviation Support Minister Bob Collins admitted to a television interviewer
      Reuter  -  231 words
    • NEWS SUMMARY
      • 41 27 MISUNDERSTANDINGS easily arise over what precisely a manager has to do in return for his fee. A wise manager, therefore, would take great care before agreeing to the terms on which he or she acts. Page 2
        41 words
      • 40 27 GERMANY and Japan claim American shipbuilders have misinterpreted figures about subsidies granted to German and Japanese shipyards even as talks have been taking place to reach a global agreement to withdraw government aid to yards Back Page
        40 words
      • 48 27 CENTRAL American Airlines, the five-month-old capitalist venture of some prominent Sandinistas, can't seem to attract passengers. This is because of the political boycott by Nicaraguans who fled to Miami during a decade of leftist Sandinista rule that ended last year Back Page
        48 words
      • 48 27 TWENTY-FIVE thousand people have been picked to fly free \Mth British Airways as part of its £16-million flight giveaway scheme. The plan is to "kick start" the travel industry into life after the drop in passenger traffic during the Gulf War Back Page
        48 words
    • LOG BOOK
      • 68 28 ETHIOPIAN PLANES last week repulsed an attempted seaborne rebel attack aimed at the port of Assab, the government's sole remaining access to the Red Sea, government-controlled newspapers said last Saturday. The newspapers said an undisclosed number of Ethiopian airforce planes had sunk "a
        68 words
      • 52 28 THE 30,228-dwt Maltese-flagged oil tanker Flippy F has sailed for Constanza following a collision with a Turkish freighter in the Bosphorus Strait on March 20, Lloyd's Shipping Intelligence said in London last Friday. The Turkish ship, the 499 gross tonne Temel-11, is at Tuzla shipyard
        52 words
      • 47 28 THE 22,215 gross tonne Greek bulk carrier Frangiskos CK was involved in a collision with the dredger Chicago last Friday at Mobile, Alabama, Lloyd's Shipping Intelligence Service said. The Frangiskos C K sustained bow damage and grounded, Lloyd's said. The Chicago was undamaged.
        47 words
      • 83 28 TAIWAN sent an aircraft on Sunday to rescue the crew of a Panamanian-registered vessel adrift in the South China Sea, Lloyd's Shipping Intelligence said on Sunday. Lloyd's London office said initial reports indicated that a number of crew members who abandoned the Hongyi near Taiwan had
        83 words
      • 55 28 MALAYSIA AIRLINES (MAS) on Sunday launched its inaugural flight to Beijing, its second destination in China after Guangzhou. The DC-10 flight carried 89 passengers, including MAS deputy chairman Datuk Sulaiman Sujak and a group of journalists, the airline said in a statement. MAS started twice-weekly services
        55 words
      • 51 28 JAPANESE domestic vehicle sales, excluding mini vehicles, arc estimated at a record 5,900.341 in the year ended March 31, 1991, the fourth-straight record year, a Japan Automobile Dealers Association (JADA) official said in Tokyo yesterday. This is up one per cent from the 5,844,480 a year
        51 words
      • 90 28 A MALAYSIAN COMPANY, Hyumal Motor Sdn Bhd, signed an agreement yesterday with Hyundai Motor Company of South Korea to distribute Hyundai cars in Malaysia. Hyumal's managing director Gurcharan Singh said that the first shipment of 100 Sonata cars would arrive here in May. "The
        90 words
    • 997 28  -  Misunderstandings can easily arise over what precisely a manager has to do in return for his fee. Geoffrey Slater discusses the contractual obligations of a shipmanagement company. Geoffrey Slater Fairplay SHIPMANAGERS undertake heavy responsibilities, and need to take great care in agreeing to the terms on
      Fairplay  -  997 words
    • 984 28 April 12-13: Seminar on Shipbroking and Chartering for Exports on Chartered Vessels Terms, Negotiation and Fixing. Organised by Facs World Pte Ltd at Carlton Hotel. For further enquires call *****71 or fax: 292-2875. April 29-30: Seminar on International Trade Practice Commercial, Operations and Financial Aspects, organised by Facs
      984 words
    • 12501 36 This is a list of ships loading I at Singapore for ports around the world. It tabulates, by j destination, the name of the ship, the shipping line in- J volved and the estimated j dates of arrival and departure from the Port of Singapore. Advaneed dates
      12,501 words
    • 3348 41 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Vccord Croup: Accord Shpg Pte I Id (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) \hrenkiel Liner Service: Kim Shpg Trdg (S). Mbutros Sen-Air Seoice: Krata Shpg Pte Ltd (S).
      3,348 words
    • 251 41 Abacus Couriers Tel: 545-8011 Fax: *****98 Air bpms I raxel Tel: 533-5771. Fa*: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide C uurier Td: 278-0188 Fa*: *****83. AJS Supplies Tel: 748-6322 (2 lino). 747-7421. Fa*: *****75. City-link International Tel 344-3377. Fa*: *****50. (Insler link Supplies
      251 words
    • 1503 41 Abe* h xprns Freight Tel: 542-7171. Fa* *****84. Actinic Fon»*rd« Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033 Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Fxpress Td: 542-5454. Fax. *****06 Air F'xpress International Td. 542-7666. Fax: *****74. *****50
      1,503 words
    • 2991 42 ARGENTINA Villa Constitution: Two vessels in port of which 1 loading steel products. I discharging iron ore; no vessels in roads. San Nicolas: One vessel loading steel products; 1 vessel in roads waiting to discharge iron ore. several vessels due to discharge/load various commodities. Necoehea: Three vessels in
      2,991 words
    • 460 42 ARRIVALS I Op Flight Type ETA T From TODAY I JAL JL617 B747F 0200 1 NRT KAL KE697 B747F 0220 1 SEL I NCA KZ205 B747F 0310 1 NRT CLX CV796 B747F 2215 1 LUX/KUL TOMORROW CAL CI333 B747F 0115 1 TPE AZA AZ997 1X8 F 0235
      460 words
    • 380 42 SHIP SALES TANKER RATES Reuter AFP THREE Soviet newbuilding tankers were reported sold en-bloc to undisclosed interests for around USS22 million each. The vessels are the Victor, Nero and Sonja each about 29,900 dwt and for delivery 1992, 1991 and 1991 respectively. VESSELS SOU> FOR FURTHER TRADING Bulk cmtan Kamenari:
      Reuter; AFP  -  380 words
    • 329 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Nmme of Vessel ETA ETP Ports of Calb Port Ageat APRIL 03 03 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 03 03 Ocean Pearl 0800 1900 Semarang-Sin-Phuket Reefer Lines 05 05 Ocean Pearl 0700 1300 Cruise-To-Nowhere Reefer Lines 06 06 Royal Viking Sea
      329 words
    • SHIPS IN PORT
      • 656 43 Vessel Voy No Bertti Arrival Deparhre Vessel Voy No Bertti Arrival Departire Keppd Wharves Isabela 14/91 PIC 0204/0700 02 04/2300 Sg Of flower *****4 (P K29 alongside 01 04/2230 Iwen 07/91 PIC 02 04/0700 02 04/1500 Sumy Spanfce 32 K34 alongside 0604/2300 Maiu Y Hua 06/91 P2A
        656 words
      • 1374 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinc/Balance Rstts Sty Voy No Etb/Btr Period From To From Ac* Daisy 11 05/0400 2 01/1700 02/0659 02/0900 4 02/1200 02/1459 02/1700 Acj Jade 41A 03/1500 1 01/1500 01/1659 01/1900 3 02/0700 02/1159 02/1400 4 02/1200 02/1459 02/1700 Ac*
        1,374 words
      • 219 43 Kuantan Port Berth in Butterworth an Apr! 2: 1: An Jtn Hat; 2 Pearl One, Mi Lestari; 3: Trade Friend; 4: nil; 5: Anson. 6: Lampung Penang Wharf: NB Chin Tsair Jtn; CB Cipta Raya; SB nil BCl Bl: Silver Song; Bll Juno; l/B: nil VOTP: nil.
        219 words
    • 1028 43 CHARTERING activity was thin ahead of ihe taster holiday while the Baltic Freight Index plunged a further 36 points to 1.609. The fall in the index reflected the continuing decline in freight rates and a late reaction to Soviet cash problems, brokers said. With some Soviet payments now
      1,028 words
    • 444 44 GERMANY and Japan have rounded on claims by United States shipbuilders that they have subsidised their shipbuilding yards heavily while talks have been taking place to reach a global agreement to withdraw government aid to yards. The two countries said figures produced by
      444 words
    • 735 44 AP CENTRAL American Airlines, the five-month-old capitalist venture of some prominent Sandinistas, faces vexing problems that could make its flight a short one. The most serious seems to be a political boycott by Nicaraguans who lied to Miami during a decade ol lettist Sandinista
      AP  -  735 words
    • 450 44 THE UNITED STATES shipbuilding lobby has won crucial backing in its efforts to step up pressure on the world's leading shipbuilding countries to eliminate yard subsidies, reports U.oyil's List. Legislation will be introduced in Congress next week which will give US maritime authorities powers to
      450 words
    • 349 44 AP C ARMAN WHITWORTH. a 74-year-old grandmother in Britain, woke up on Easter Sunday to find she was one of 25.(XX) people ehosen to fly tree with British Airways as part of its £16-million (5549.7 million) flight giveaway. Mrs Whitworth was one of 1.5
      AP  -  349 words
  • Page 27 Advertisements
    • 181 27 SSWtf HENG METAL CO PIE LID 13 rUAS AVE U. SINGAPORE TEIEX H3 SHMCPI TEL: 861 MSS iltirwt) raiFAl Ml 2*6 Mi.KWWI ro>4u« tMUfOII. MAUtJIA I ComMllOf lIMILANO, MOMBN4 •OMIU'O runirrmr 1 MP ConMtfr lln«w« ««< »>* ••if"!* fIH Without Tnidw SMtM* Cvva. nm| PaM Truck* W<M AJ*o buy Mfl.
      181 words
    • 51 27 Air Forwarders 15 Air Fretftt Schedule 16 Container Schedule 17 Cou'ier Services IS Cruise Ferry Schedules 16 Daily 17 Indei to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shipsates -Tanker Rates 16 Ships in Port 17 Singapore Tides 17 Transport Diary 2 Weather and Sea Conditions
      51 words

  • Page 28 Advertisements
    • 90 28 FOR SUCCESSFUL MANAGEMENT OF YOUR —U7 <c> 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 29 Advertisements
    • 2326 29 JAROINE SHIPPING AGENCIES %Hll# Cantonment Road #12 05 Southpoint, Singapore 0208 All IF# *****11 TELEX NO RS 241/9 gffnnii TERMINAL Tel *****18 220 rCOwal BOOKINGS Tel *****14 258 L VAV PESAKA JAROINE SHIPPING AGENCIES fO«T KEIANG TEL *****18 TELEX MA***** MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6
      2,326 words
    • 958 29 INDEX TO MHIERHSERS P«#e Col P»Kf C'ol I T •Llu\d TneMino 4 1/2 I Lykes Lines 5 I ABC Containerline 12 I I O Accord Group 8 1-3 Albatros Sea-Air 14 3 Mac-Nets Agencies 14 1/2 Allied-Link 16 4/5 Mac-Pac Freight 18 1/2 APL 5 3-5 Macoline 9 4/5 APC
      958 words
    • 2276 29 ■qrmii NEXT VESSEL TO U.S.A. MAGLEBY MAERSK V 9104 ETA 9/4/91 Vessel Voy ETA I ETO "Port "Penang DESTINATIONS Singapore Kelang This Magieby Mae's* #tO4 Feeder by CFS S« ?35» MRS M Tauro OAK LGB HOU MEM ATL MIA CMS BAL PHL NYC MOM TOR MAGLEBY MAERSK 9104 110 4
      2,276 words

  • Page 30 Advertisements
    • 1269 30 J ROTTED AM/| VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SSBSE ELBE 04/113 4/4 25/4 23/4 22/4 BREMEN EXPRESS 02/313 9/4 26/4 28/4 1/5 2/5 LONDON EXPRESS 01/114 11/4 2/5 30/4 29/4 L Mi MSTKXWD F. KITANO 07/314 16/4 3/5 5/5 8/5 HUANG PEKANC CARGO HAMBURG EXPRESS 02/115
      1,269 words
    • 586 30 W~~M DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2003E 3/4 16/4 19/4 24/4 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA i NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO SEASPAC I 2003E 3/4 7/5 9/5 15/5 16/5 18/5 I Agents
      586 words
    • 1511 30 &XMB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL'VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUSAN 9104-3 03/04 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 05/05 06/05 07/05 M/K NORASIA
      1,511 words

  • Page 31 Advertisements
    • 1993 31 BgSteamers Maritime Holdings Ltd P&O PnV STRAITS SHIPPINGI Wsk Containers Voy No <• Pen »pill Spore Alj Sou Ant Rot Hbg ACCEPTS DUE SAILS UXA WAfcltSK 9106 JOO3 0104 0304 1804 2104 22,04 24,04 CARGO PENINSULAR BAY 0510 30,03 0104 06(04 2304 25-04 27 04 STRAITS HOPE VOSE KK. Skin
      1,993 words
    • 2079 31 m m pBBaHiaHiHBMVPV TO II 8 A /PANAMA S A/PANAMA cp OAK IGN cm 'DB SAV NO* NTC i NTC WO* SAV CRI ICS OA* SP ininpfiH MMATiM IF 111 44 1/S Iri IM l»i W NOMC ftOMC SEN MMI M »7 VI W W run»»MC.UO»T tf 114 IM 14
      2,079 words
    • 384 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR YOKOHAMA NAGOYA AND OSAKA M.V. COSMIC CHALLENGER V 6 ETA SPORE 15/4/91 ETA PK 18/4/91 ETA OSAKA 29/4/91 ETA NAGOYA 1/5/91 ETA YOKOHAMA 4/5/91 MOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG, TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA
      384 words

  • Page 32 Advertisements
    • 735 32 SBBB CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY [SPORT RDAMADAM HBURC BREMEN ANTWERP SRIWUAYA3IWB 11/4 13/5 19/5 25,b 28.5 KUTAI22WB 30f4 86 146 M FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subtect to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS
      735 words
    • 819 32 ifi. HANJIN SHIPPING L Spore LEH RTM ANR HAM BRV FEL 1 F tEDER VSL SIN LINE HAUL LAX OAK HANJIN HAMBURG 005W Z m 23,4 24 4 24 4 25,4 26 4 CHUN»U 02« 8/4 DIRECT 29 4 2,5 HANJIN KAOHSIUNG 003W 8 4 25,4 26 4 2/ 4
      819 words
    • 1321 32 1 d -1H IPKL SGP HKC KSC KLC PUS HKT OSK NGY SMi TYO LAX CHS BAI NYC LHV ANY) ROM TMP HBG PSO CMB PKL SCP I GRAND RE 035 34 4 4 9.4 104 12-4 IS/4 17 4 W|4 20 4 21,4 22 4 3/5 ISS 175 19-5
      1,321 words

  • Page 33 Advertisements
    • 2049 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. K«4ano-(03) *****87, P#nano-{O4) *****0, J.Bahru-{O7) *****3,*****4 PTIWn
      2,049 words
    • 1107 33 SIN^OV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VtSStLS yOY*Ct~ SPQgt MANILA h*Q»C VOT»« SW)»t PHLAWC HgutC IHAVtW TtUUHT HOTT WWW N TIKMONOV ami
      1,107 words

  • Page 34 Advertisements
    • 1868 34 H** 9 9 ASAGFNTS KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) TFL *****77 TEIEX KAWAKIRS23I6S fAX *****79 M W_\j MALAYSIA -K" LINE MARITIME (MALAYSIA) SON BHO flßte A TEI PJ *****22 PK *****01/5 PENANG *****5 JB *****1 HHHBB KAWASAKI KIStN K A ISM A, LTD. INDONESIA p t saranalautinternusa
      1,868 words
    • 818 34 i,« PHIU-ORICNT UN€S PTC LTD 108 ROBINSON ROAD »07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69 *****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, land or sea... WE TAKE ON THE WORLD FOR YOU MEMBER OK SINGAPORE FREIGHT FORWARDERS ASSOCIATION 8 APR Montreal, onAWA, toronto, ru P?cctalJ S rmrlrn
      818 words
    • 420 34 \~X~, GOLDEN LINE "N GUAN GUAN SHIPPING l£s&<\ (PTE) LTD a Te(ok Ayer street SINGAPORE 01M TEL: SM3M (10 LINES) Fai: *****04 (CR No. **********0W) nnArr»/m»tAw ouur mvia S pore P. Keisnj Pemng GOLDEN HAVEN CotanDo Karachi Dubai 1,10 Apr GOLDEN BEAR Cotomfto Karad>i;Dubei 26,78 Apr china warncm A VSL
      420 words

  • Page 35 Advertisements
    • 1578 35 aSSgMjff PACIFIC INTERNATIONAL LINES (PTE) LTD SsSsssgy Jf fpp PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK VESSEL VOY bIN BKK SIN VESSEL VOY SIN JKT SIN SEA GLORY »111 4/4 7/4 11/4 BUNGA TERATAI 133 3/4 5/4 S/4 KOTA BWTANO 9108 4/4 7/4 11/4
      1,578 words
    • 731 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT r VESSEL I VOY NOS I SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Benavon 4- 088 1/4 18/4 19/4 20/4 24/4 Jutlandia' 086
      731 words
    • 532 35 BEN ASIA CONTAINER SERVICE I Spore B Pegasus Progress V66IN 02-03 Apr 05-06 Apr Ingenuity VI27N 06-06 Apr 09-10 Apr Pegasus Progress V662N 09-10 Apr 12-13 Apr Ingenuity VI2BN 13-13 Apr 16-17 Apr General Agents: Tel: *****22 Ben Line Agencies (S) Pte Ltd Fai: *****63 /e v iNational Carrier of
      532 words
    • 450 35 Mk MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg PAGAN VI6IW 3/5 Apr MYOMAYWA VI34W 5/7 Apr 1/3 Apr AWA VIO7W 4/6 Apr THE BANK LINE (A service of Andrew Weir Shipping) \T SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
      450 words



  • Page 38 Advertisements
    • 675 38 TO AUSTRALIA/NEW ZEALAND VSL Va frtw Mf'b S*l! Aj«h NPt P CHAIM MAR IHA il A 9 »4 15 *5 12, S "5 1,4 ?1 5 ELLEN HOOICi im 10.S 17 5 5 2?i l* 5 6 BRUSSEL Z,'l T»l~ w» C VEROIMC 10b JiaT .'l6 MS 17 fc' TOUSA/CANADA
      675 words
    • 1236 38 .jfi TAIWAN 4 JAPAN TWICE WEEKLY MALACCA STRAITS FEEDER SfPviU I OUTBOUND VOY PKI PMC JKT SIN HKC KAO KEE TYO SM WCO KOB VESSEL VOY |$»W |Ha WC M SIR ACX DAISY U 6 4 3 54 12 4 164 174 1» 4 ACX JAOt 41A 34 44 >4
      1,236 words
    • 189 38 £k l FT. UNITED SHIPPING W ORGANISATION LTD 4 DIRECT REGULAR SERVICES 'X JAKARTA SURABAYA* WRECT REGULAR SERVICES TO JAKARTA A SURABAYA W X A«>H aarpaaa t* all Mbw lateMilM porta X wltk triMhlyawt at Jakarta ar Surabaya. DESTINATION ETA ETO VSL JAKARTA 5/4 6/4 P SUMATERA 9/4 10/4 P.
      189 words
    • 1359 38 fife t« i& 31] 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2"~., 2. MISTRI ROAD HMC BUILDING SSi 05 WKST' General Agents: IXMTAR SHIPPING PIK LID TO HOHQKOMQ ANO CHMA jTISStI VQV SCP HKC SHA XIN HPU DAL QIN VESSEL/VOY SHA XIN HPU DAL (UN HKG SCP CU
      1,359 words

  • Page 39 Advertisements
    • 1015 39 Vessel PHI PNG P G loading for A VESSEL 28 03 Rotterdam Antwerp CHINA FULL COWTAINMI »E»VICE Vessel SCP PKL BKK HKC QIN SMA YANGFANGKOU W 0204 03 04 0/04 UO4 1404 YANGFANGKOU 149 03,1)5 04 OS 08 OS 13 OS 1905 Alto accepting other Chinese sorts .J HHG AWTmAUAM/PIPOWMIAW
      1,015 words
    • 269 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) IhSA ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCLAND CONVENTIONAL VESStL VOY f A lOACMNG fOR SPORE ABBAV WON.' .'HWB 1005 DAHE SSAI AAM MOMBASA DJIBOUTI ASSAB MASSAffA NETSANET TwVB 10
      269 words
    • 730 39 P. T. PUL INTERNATIONAL LINE FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ PAL
      730 words
    • 432 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY SPORE SYO MEI VESSEL [vOY SINGAPORE BANGKOK PLANETA 0447 05 06/4 1« 20/4 22 24/4 iENLINK 49N Wed 3,4 Sun 7/4 PIYA BHUM 0503 14-15/4 27-29/4 01 03/5 NANTA BHUM 35N Wed J/4 Sat 6/4 PLANETA 5* 06 0»/5 20 22/5 24 26/5 SIRI BHUM# 479N
      432 words
    • 463 39 mam Tictfi-Une m vor sm«APO«E/MAO«A»/M>aAPot 4 VESSEL VOY SIN MAA SIN TIGER BAY IS3N SW 07 09/04 15-16/04 TIGER STAR IMN 06-OMM 12 14/04 20-20/04 LEUVE 9143 11-11 AM U 20A4 25 25/04 VSL VOY SWOAPORE/CALCUTTA/StQAPORE VESSEL VOY SIN CAL SIN TIGER CREEK IXCNB 04-05/04 10-12/04 U-U/04 TIGER RIVER 127CN8
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    • 1317 40 A m MAC-NELS SINGAPORE EXPORT TEL: ttMOM [~iiriU TIL t2in¥]| PENANG TEL (04) *****6 KK TEL (080) *****0 TAWAU TEL (089) *****9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 -JV/\~ Jj BAHRU TEL (07)*****2 SIBU TEL (084)*****2 SARIKEI TEL: (084) *****8 W X JAKARTA
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    • 394 40 BLUE star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N PtY AUCK LYT PREMIER 11S 6 Apr II Apr Via NPI 20 Apr
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    • 1114 40 I Mfl THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH WWII pOT |HA joEIT VESSEL |w ETA 11ST KIM SOON LI 12/91E 06
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  • Page 43 Miscellaneous
    • 438 43 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 MOO 0900 ******************** *****600 **********00 2000 2100 2200 2310 29 29 2.7 22 16 10 06 03 03 05 LI 18 2.3 26 2.7 24 19 1.4 10 08 0.7 09 1.5 2.2
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  • Page 44 Advertisements
    • 377 44 CHARTPOINT Every Saturday in Business Times /HYUNDAI MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN lALANDIA 39E 6/4 11/4 29/4 2,'5 4/5 3/5 HYUNDAI COMMANDER 23W 5/3 8 3 9/3 28,3
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    • 3 44 See story below
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    • 675 44 CHARTPOINT Every Saturday in Business Times APPOINTMENTS 1 Scan-Shipping International Freight Forwarding Company recruiting IMPORT/EXPORT CO ORDINATORS For USA Service OPERATIONS CO ORDINATOR For Airfreight Sea/Air Service Requirements: j Min. GCE 'O' or 'N' level One year working experience in similar capacity I Preferably possess Class 3 driving licence Please
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