The Business Times, 9 April 1991

Total Pages: 48
1 48 The Business Times
  • 9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, April 9, 1991 75*
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  • NEWS SUMMARY
    • 31 1 CHINA'S Parliament yesterday appointed Shanghai's reformist mayor and the chief central planner to vice-premiership posts, maintaining a balance in the top levels of government.
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    • 62 1 EUROPEAN COMMISSION investigators have raided the headquarters of five leading European steel companies which they suspect of running an illegal cartel. A Commission spokesman said in Brussels yesterday that surprise raids were carried out recently at British Steel pic, Usinor Sacilor of France, German firm
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    • 29 1 LOTUS Development Corp, which opened a $7.5 million manufacturing and development centre yesterday, has outlined its $250 million fiveyear plan for its local operations Page 2
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    • 26 1 INDONESIA'S central bank will provide most of the funds needed to finance the controversial new clove trading monopoly in the country. Page 9
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    • 32 1 JAPAN has managed to cool off sky-high land and stock prices without sparking economic disaster, but it has yet to proclaim victory in the battle against asset inflation Page 10
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    • 29 1 MALAYSIA'S International Trade and Industry Minister says the current strain in Kuala Lumpur-Canberra ties will not affect the business sector, but Australian companies remain concerned Page 13
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    • 30 1 THE software development and engineering industry will stand a better ehance of exporting its products and services when a quality certification programme comes into force Page 14
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    • 20 1 EDITORS in America are finding comics a potent tool in boosting the circulation of their newspapers Page 20
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    • 36 1 SINGAPORE'S shipping community will embark on another trade mission later this year to persuade more European shipowners and managers to tly the Singapore flag and relocate operations to the Republic. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 40 1 STOC KS on Wall Street were little changed early yesterday as traders awaited signs of the future course of interest rates. The Dow Jones average of 30 industrials slipped 0.74 to 2,896.04 in the first hour of trading.
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    • 33 1 SHARES were lower in London at midday yesterday. At 1105 GMT, the broad-based Financial Times-Stock Exchange 100-Share Index was down 20.9 points at 2,524.4, Volume at midday was 351.1 million shares.
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    • 36 1 SINGAPORE Press Holdings yesterday became the first newspaper group in Asean to launch a voice information service, Audiotex Service, a move aimed at maintaining its edge against other competing media Page 3
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    • 32 1 THE CURRENT craze for home buying could give the property companies a welcome income buffer at a time when other property sectors are looking less than exciting Page 3
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    • 31 1 THE MODERN GROUP of Indonesia, which signed a syndicated USS32 million loan yesterday, will use the bulk of the funds to repay its domestic borrowings Page 7
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    • Article, Illustration
      30 1 Monda> Change BT-MGA 727.76 -7.21 Kuala l umpur ...582.13 -9.01 Tokvo 26,607.65 -159.68 Hongkong 3,812.01 -37.14 Sydney 1.445.6 -12.3 Friday Change New York 2,896.78 -27.72 London 2,545.3 20.8
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    • 20 1 Exchange rates USS SSI.7680 100 Yen SSI 2<X)0 MS SS0.6429 Money market rates Overnight 4-7/16% -1/16 3-month 4-5/8 -1/2
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    • 38 1 London Gold AM fix USS358.80 +USS0.50 Rubber S'pore May l44.75'/kg fO.25 M'sia May 225.50«/kg unch KL Tin Turnover 36 tonnes -10 Spot MS 14.87 /kg <"0.07 Crude palm oil Turnover 803 lots -381 Apr MS789 /tonne +2
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  • 381 1  -  Two companies set up with US-based Walden Int'l By Quak Hiang Whai IN WHAT could be a strategic move towards a bigger role in the regional venture capital business. OCBC Bank and the Wearnes group are tying up with US-based Walden International to
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  • 155 1 THE long-awaited DBS Charity Investment Race was officially flagged of! yesterday by Dr Sect Ai Mee, the Minister of State for Community Development and Education. The race is sponsored by DBS Bank and co-organised by BT and the Community Chest of Singapore. The
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  • 479 1  -  By Carolyn Lim GEORGE WESTON Eoods. a major publicly-listed Australian food group, has acquired a foothold in Singapore. By taking a 60 per cent share in Allied Resins Singapore, through its locallyincorporated holding company, W I Holdings Singapore, the group does not
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  • 129 1 I HE FORMER director of the Commercial Affairs l>cpartment (CAD), Clenn Knight, will have to rest in hospital for at least a week, sources said. \lr knight, who is currently heing investigated by the Corrupt Practices Investijja- tion Bureau, was taken to
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  • 367 1  -  By Lee Han Shih and QuaK Hiang Whai THE head of New Zealandbased NZI Bank's operations in Singapore has dismissed market talk that the bank may be closing down its offshore and merchant banking outfits in Singapore. Mr Chee Kow Chai. managing director of the
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  • 247 1 AFP THE RECESSION in the British economy is set to continue, with company sales and profits declining through the second quarter of the year, according to a survey of 1,300 business leaders published in London yesterday by business information specialist Dun and Bradstreet. But. according
    AFP  -  247 words
  • Page 1 Advertisements
    • 162 1 Nikon The World s Finest Photographic System. Aircraft Schedule 29 Money Changer Rates 29 Weather 29 Commodities 28 Money Market 27 World News 10,11 Cryptic Crossword 29 Regional Co News 4 Editorial 12 Regional News 9 For market indices, editorial, Financial News 7 Regional Stock Markets 26 advertising and circulation
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    • 60 1 The idea is to do one's best for charity Dr Seet, Pg 3 An event that reflects S'pore's financial hub status, Pg 3 W/ mu/t 6q a/der Boutique/ SINGAPORE #01 36. Lucky Plaza. 304 Orchard Road Tel: *****27 #01 04. The Shopping Gallery. Hilton International Singapore, 581. Orchard Road Tel
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  • HOME NEWS
    • NEWS ROUNDUP
      • 91 2 PRIME MINISTER Goh Chok long yesterday hosted a tea reception for representatives of the organisations involved in the reseue operation for the hijaeked SQ 117. PM Goh was teeompanied by Deputy Prime Minister and Minister for Trade and Industry Brigadier-General (Res) Lee Hsien
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      • 68 2 IHE CIVIL AVIATION AUTHORITY of Singapore is helping airlines to publicise their services and their countries' attractions by offering free exhibition space in Changi \irport. A series of exhibitions, lasting up to two months, will be put up and run by airlines at the passenger
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      • 79 2 11 IE CONSTRUCTION INDUSTRY Development Board .as produced a 30-minute video on home renovation to give homeowners a better idea of what to look out for when doing up their premises. The video, which is available in l oth Mandarin and English, costs $20 each. It
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      • 73 2 NEW TWO-YEAR part-time Master of Science course in ommunications and computer networking will be offered in the next academic year by the Nanyang Technological University. The course, to be offered by NTU's school of electrical and electronic engineering, will begin in July. It is targeted at
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    • 302 2  -  From Catherine Ong in HONGKONG \NOTHER senior businessnan has quit his job for a higher calling". Koh Hock Seng, 54, a rominent name in the Sin:apore publishing scene, has •esigned from the Times Publishing group, after nearly :5 years of service. The long-time
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    • 141 2 Tay to lead mission to R D centres in US COMMITTEE on National Computerisation chairman Dr Tay Eng Soon will lead a team of officials next week to 13 R D centres and companies in the US. The 10-day mission starting April 15 will include visits to IT companies and
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    • 446 2  -  By Kenneth James SOFTWARE major Lotus Development Corp. which opened a $7.5 million manufacturing and development centre at Chai Chee Industrial Park yesterday, plans to spend more than $250 million over the next five years on its Singapore facility. Announcing this at
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    • 444 2 LOTUS PRESIDENT and chief executive Jim Manzi has dismissed suggestions from rival software giant Microsoft that its product will topple Lotus' 1-2-3 as "the world's most popular spreadsheet" for the personal computer (PC). Speaking to BT yesterday, Mr Manzi gave short shrift to a
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    • 258 2  -  By Dexter Lee THE Mass Rapid Transit Corp has invited eight groups of consultants, out of 14 who applied, to submit tenders for the engineering and architectural design of the MRT extension to Woodlands. The eight are: Acer Consultants in association with Alfred Wong
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    • 323 2  -  By Suzanne Soh THE SADE-DFS partnership has emerged as the highest bidder in the tender for the liquor and tobacco concession at Changi Airport's Terminal One. Only two bids were received for the Terminal One liquor and tobacco shop tender which closed vesterdav.
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    • 328 2 SIXTEEN Scottish companies are in Singapore for a four-day visit to boost bilateral trade, which last year grew by 34 per cent from 1989 to about $200 million. The trade mission to Singapore, led by the Scottish Council Development and Industry (SCDI), is
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  • Page 2 Advertisements
    • 84 2 I was in and out I in 1 hour and 112 minutes flat... With the new Business Lunch menu at the legendary Maxim's de Paris, you'll enjoy a truly exquisite lunch in a shade over an hour. A full 3 course meal with a choice of appetizer, main course, dessert,
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    • 11 2 l ake a leaf from lx>tus and stay ahead, Pg 14
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    • 48 2 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and you are looking for office space (witn business support facilities) we nave various sizes for you to cnoose. Our prices for a week is equivalent to a night's stay in an Orchard Road Hotel. Ph0ne:*****46
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 364 3  -  The DBS Charity Investment Race By Quak Hiang Whai THE DBS CHARITY Investment Race was kicked off yesterday by the Minister of State (Community Development and Education), Dr Seet Ai Mee. The contest, sponsored by DBS Bank and co-organised
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    • 329 3  -  By Lilian Ang SINGAPORE Press Holdings (SPH) yesterday became the first newspaper group in Asean to launch a voice information serv ice for readers and advertisers, a move aimed at maintaining its edge over other competing media. The AudioTex service is the latest in the
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    • 549 3  -  THE HOCK LOCK SIEW COLUMN Good demand for residential properties a bright spot By Elaine Koh NEVER MIND about the record number of new homes coming on the market this year. Eorget about the looming over-supply in the next three years. For now, property
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    • 274 3 THE DBS CHARITY Investment Race is a representation of Singapore's position as a financial hub for three reasons. DBS Bank chairman Ngiam Tong Dow said yesterday. In his speech at the launching ceremony of the race. Mr Ngiam said: "The event embodies
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    • 348 3  -  By Elaine Koh UNITED Overseas Land, which posted record after-tax earnings of $40.17 million for 1990. again had the highest contributions from investment income, while hotel operations brought in the least. According to its latest annual report, UOL received $20.34 million in operating
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    • COMPANY BRIEFS
      • 77 3 RENONG BHD, which has made several proposals in rationalising its group structure, has forecast a pre-tax profit of MS 174.66 million for the year ending June 30, 1992, after completion of the proposals but before full conversion of all convertible unsecured loan stocks (CULS.) These
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      • 44 3 FIRST CAPITAL Corporation has announced that the following have resigned as directors of British American General Insurance Co Ltd (Bagi): Datuk Aw It Haw. Wong Sow Voon, Pang Hin Long. Steven Cheong Kwok Wing. Ong Eng Chuan and Foong Soo Hah.
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      • 96 3 SUNSHINE Allied Investments, in response to a query from the Stock Exchange.of Singapore, said that its operating profit before income tax and extraordinary items for the year ended Dec 31. 1990, was $4.95 million. Expanding on its forecast for the current year in relation to
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      • 27 3 AMBASSADOR Holdings Ltd will hold an extraordinary general meeting on April 27 to consider a change of name to Alliance Technology and Development Ltd.
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      • 61 3 THE HEAVY Industries Corporation of Malaysia Bhd (Hicom) said yesterday it is selling the entire issued and paid-up capital of 180 million Msl shares in Kedah Cement Sdn Bhd to Mimco, a subsidiary of Bolton Holdings Sdn Bhd. The sale would be satisfied by the
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      • 55 3 IMATEX BHD's chairman, Tunku Mansur Yaacob, urged creditors and shareholders to vote for the company's proposed restructuring, which would help them to partially recover their investments. "If the restructuring is not successful, the company would be at the mercy of the various creditors," he said in
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  • Page 3 Advertisements
    • 177 3 V Which hotel will vou stay in, daddy? J V ANA HOTEL SINGAPORE H.i: V I I .1 > W, ,1.. < 'I 1 I I \||s!\ l<v •> 1,-1 Budget cars can bring you all over the world. n ■V- hV 4. Jfl| *v -> "f >'»l' ,»r' 4
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 71 4 ISUZU MOTORS LTD, anticipating a loss in fiscal 1990-91, has no plans to pay an interim dividend in October. A company spokesman in Tokyo said yesterday that Isu/u, in which General Motors Corp has a 38.2 per cent stake, expected a slump in
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      • 92 4 HITACHI LTD is to reorganise production of television sets and video recorders in Germany and Britain to cope with growing demand in Europe. A company spokesman in Tokyo said yesterday that Hitachi Consumer Products (Europe) GmbH, its German unit, would stop making television sets but raise
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      • 105 4 FRENCH lens maker Essilor International SA plans to continue to shift production to Thailand in an effort to cut costs, which would involve some job losses in France. Last Thursday, Essilor reported 1990 net attributable profit down sharply to 192.9 million French francs (5559.6 million) from 313.1
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      • 90 4 FOUR Japanese electronic firms have bought shares of Unix System Laboratories Inc, a subsidiary of American Telephone and Telegraph Co. AT&T put on sale 20 per cent ot its common stocks in the New Jersey-based subsidiary, and the four Japanese companies purchased 9.2 per cent
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      • 67 4 A CONSORTIUM of 44 Japanese companies will postpone setting up a joint venture to provide data transmission services via personal computer terminals, a spokesman for the Kansai Teleterminal System Promotion Council said in Tokyo yesterday. The consortium had planned to set up Kansai Urban Media Co Ltd
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      • 67 4 UK-BASED Kirkland Resources pic will join a Filipino consortium in searching for oil off a south-western Philippine island. The exploration team, in which Kirkland had a 65 per J*"eent stake, planned to drill in the Reed Bank area on Palawan .ycjsland, local partner Philippine
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    • 164 4 THE WIDELY diversified Salim Group is likely to take over the Surabaya Delta Plaza (SDP) after its main competitor, the Summa Group, decided to withdraw its bid to acquire the plaza, once billed as the largest shopping centre in South-east Asia, according to
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    • 568 4  -  From David Chew in JAKARTA UNITED SUMATRA Plantations (USP), the cash-rich holding company of Indonesian plantation giant Bakrie Brothers (B&B). has taken the first steps towards realising its directors' long-term objectives to transform the publicly-listed company into a "Sime Darby". Sime
      Picture by David Chew  -  568 words
    • 352 4 MIRAGE Textile is to seek a listing in Hongkong at the end of this year, said director Jimmy Leung Ying-hung. The Sunday Morning Post said that Mirage, one of the largest silk-apparel makers in Hongkong, wants to expand its brand-name business and improve
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    • 342 4 Reuter NISSAN Motor Co Ltd is expected to suffer a 40 per cent decline in group net profits in 1990/91 due to losses by subsidiaries at hom<* and abroad, analysts said. Group net profits ait seen plunging to some 70 billion yen
      Reuter  -  342 words
    • 514 4 Reuter JAPAN'S major property developers are suffering one of their worst years in reecnt memory due to high interest rates and government policies aimed at lowering sky-high real estate prices, industry analysts say. High interest rates have been a double
      Reuter  -  514 words
  • Page 4 Advertisements
    • 246 4 Global Fund Management *91 (GFM) will showcase the latest qlobal fumo innovations and technologies in banking and _financial services, systems and equipment. lidtnMtiMMl Confermk* and ExIAMm Banking Computers and Services Investment Advisers m GIoImI Fwd Mmogamoat Banking and Financial Services Office Systems Banking Software On-line Systems 10-12 April 1991 Communication
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  • Page 5 Advertisements
    • 266 5 ■TTI v. ■|H Q 'Si'ii si Investing in the property market could studying every conceivable aspect. 9 (it you didn't know better) be compared to Over the years, we've earned a reputation |9 IM playing a game of snakes and ladders, where as achievers by applying in-depth marketing opportunities (ladders)
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  • INTERNATIONAL COMPANY NEWS
    • 568 6 IHT CREDIT LYONNAIS and Commer/bank appeared ready last Friday to exehange stakes in what would be one of Europe's most significant cross-border bank partnerships ahead of the launching of the European Community's single market in 1993. "This would be the first time
      IHT  -  568 words
    • 249 6 Reuter BRITISH Petroleum Co pic and Statoil, Norway's stateowned energy company, are near agreement on a joint venture that will seriously challenge British Gas pic in the UK gas market. The Financial Times newspaper reported on Sunday that after the deal. BP
      Reuter  -  249 words
    • COMPANY BRIEFS
      • 83 6 THE FRENCH Le Monde daily newspaper said profits of aircraft and missile maker. Aerospatiale, dropped in 1990 to 38 million francs (US$7.6 million) from 204 million francs (US$4O.B million) the previous year. Le Monde said lower profits at the state-owned firm were due to the
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      • 103 6 THORN EMI pic said it owned 58.84 per cent of Thames Television pic's issued share capital when its offer for the company closed at 1400 GMT on Fridav Thorn had a 27.8 per cent stake in Thames before it acquired a further 27.8 per
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      • 86 6 CAMPEAU Corp's Allied Stores and Federated Stores units said they may go public early next year as part of their bankruptcy reorganisation plans. The two retailers filed tor Chapter II bankruptcy protection in January 1990 after defaulting on about US$7 billion of debt. They said
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      • 116 6 TROUBLED British conglomerate Polly Peck International, in the hands of an administrator since October, has sold its household appliances manufacturer Russell Hobbs Tower tor a maximum of £7.75 million (USSI3.S million). Buyers Pifco Holdings, announcing the acquisition on Friday, said it was a strategic move
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      • 98 6 LEISURE group Trusthouse Forte pic plans to sell 30 hotels worth some £75 million, according to the London Sunday Times The company may wait for an upturn in the market before making the sales in order to get the right price, as it was not under
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    • 233 6 Reuter ROBERT MAXWELL is likely to cut the stake his family interests hold in Maxwell Communication Corp pic (MCC) to a minority shareholding, according to the UK newspaper The Independent on Sunday. Mr Maxwell was understood to have decided he and his family trusts
      Reuter  -  233 words
    • 513 6 Reuter THREE major health groups on Sunday attacked Philip Morris Cos Inc for marketing of dc-nicotined cigarettes they said would mislead smokers into believing these brands were safer and less addictive than other brands. The American Heart Association. the American Lung Association and
      Reuter  -  513 words
  • Page 6 Advertisements
    • 1183 6 s imr' BMUjfl if Mr Philip Nr at Chan Yang Special School. one ot the 42 »h.irities supported by the Community host ot Singapore. A m t IBM, we pursue a c harity programme in very much the same way we would do in business with commitment and dedication. It
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    • 10 6 Private stakes to give state firms the edge, Pg 9
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  • FINANCIAL NEWS
    • 459 7  -  Modern Group to use bulk of funds to repay domestie borrowings By David Chew ABOUT 71) per cent of a syndicated US$32 million loan made to the Modern Group of Indonesia for two of its flagship companies will be used to repay a substantial part
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    • 292 7  -  By Chew Eng Han BANQUE Nationale Dc Paris (BNP), a major French bank, has plans to set up operations in Batam by the end of 1992, said Mr Jacques Wahl. president of the BNP group. The Growth Triangle development between Singapore. Indonesia
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    • SMALL CHANGE
      • 115 7 UNICARD holders of United Overseas Finance (UOF), a member of the United Overseas Bank, can now withdraw cash from anv of the 28 ATMs in Malaysia belonging to Chung Khiaw Bank, Lee Wah Bank and UOB. This service was launched for UOB Unicard
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      • 75 7 THE Council on Economic Priorities, a non-profit US group whose shopping and investment guidebooks have made it the best known of the many self-appointed watchdogs of corporate behaviour, honoured seven companies as "models for other corporations." The awards were made at the organisation's Fifth Annual
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      • 61 7 THE managing director of Swedish insurance group Forsakrings AB Skandia said a bid for all of Skandia by Sweden's S-E-Banken was impossible due to expected new capital requirement rules. S-E-Banken in October said it had an option to buy for 4.7 billion crowns a 28.2 per cent
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    • 377 7 JAPAN'S Financc Ministry is poised lo allow the first batch of stockbrokers to set up representative offices in Taiwan, according to the Sunday Morning Post. The move will also test the mettle of Japanese officials in face of pressure from Beijing.
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  • Page 7 Advertisements
    • 224 7 After the HP Apollo Series 700, nothing will seem hot anymore. We regret to inform all workstation This means you can now run your industry standards. Or for that matter, manufacturers that HP has just applications on HP faster than any our world-famous service and support, introduced their new Series
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  • Page 7 Miscellaneous

  • Page 8 Advertisements
    • 293 8 'z, 4 4!r 1 ;sw v-:--A v .W-SjKWS; a .^■.-.^X^^^^'':' M x v:' jmrnr wi^r >.^, v jd^j|Jp**"^ n• sxp.'i -b-. f> TIMELESS ARCHITECTURE. J TI IE STA RT OE TRUE SOPHISTICATION IN BUSINESS COMMUNICATION. Today's explosion in information-usage will become U P ro 1600 lines with 400 outside trunks,
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  • THE REGION
    • 319 9 Reuter INDONESIA'S central bank said yesterday that it would provide most of the funds needed to finance the country's controversial new clove trading monopoly. "There will be about 400 billion rupiah (US$2O7 million) in liquidity credits this fiscal year provided to BPPC (the
      Reuter  -  319 words
    • 354 9 Reuter TALKS between Taiwan and New Zealand on setting up bilateral air links are close to agreement, a Taiwanese official said in Taipei yesterday. Yuan Hsing-yuan, deputy director of the Civil Aeronautics Administration, said a Taiwanese delegation had reached an understanding on aviation
      Reuter  -  354 words
    • 245 9 Reuter THE Philippines' deputy armed forces chicf resigned yesterday, telling President Corazon Aquino that by ignoring senior officers in choosing the new chicf of staff she could causc military unrest. Major-General Alexander Aguirrc denounced as unjust Mrs Aquino's surprising appointment of army chicf Ma-jor-General Lisandro
      Reuter  -  245 words
    • 259 9 THAILAND'S construction industry will facc a labour shortage later this year as workers turn their attention to the better wages otYcred in Kuwait, reports The Bangkok Post. The Thai newspaper said contractors would have to prepare for a possible increase in
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    • NOTE BOOK
      • 82 9 VIETNAM wants to send its labour force to any country which needs workers. Labour Minister Tran Dinh Hoan was quoted as saying yesterday. "We will continue sending workers to the Soviet Union and some other Eastern European countries," he said in the daily
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      • 56 9 SOUTH KOREA yesterday gave Malaysia US$l million (551.76 million) to help set up a Korean language centre. The grant will pay for almost the entire cost of the US$l.2 million centre, South Korean ambassador Hong Soon Young said after handing the cheque to Ahmad Kamil
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      • 88 9 JAPAN earmarked humanitarian aid worth more than US$l million to the Phnom Penh government for the first time in Tokyo's last fiscal year, diplomats said in Bangkok yesterday. The diplomats indicated that Japan had, also for the first time, asked for a 20 per
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      • 81 9 THAI wildlife officials and police have rescued nearly 300 protected animals and birds from a warehouse in Bangkok and arrested the owner, Forest Department officials said yesterday. They said wildlife and police officials searched the warehouse, located in front of Chatuchak Market, on Sunday and found about
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      • 69 9 PAPUA New Guinea's Environment and Conservation Minister Jim Yer Waim, who is facing a charge of dangerous driving causing death, has resigned. He cited party regulations to give "other party members ministerial experience" as the reason for his decision, announced last Friday. However, addressing a press conference
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      • 93 9 TRESPASSING CHARGES may be filed against Australian farmers who forced their way into an unmanned US tracking station over the weekend to protest US wheat subsidies, police said yesterday. About 100 farmers on Sunday used chains and tractors to break into the Yaragadee tracking station in
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  • Page 9 Advertisements
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  • THE WORLD 1
    • WORLD WATCH
      • 83 10 HALF of all travellers to China last year went through the Special Economic Zone of Shenzhen. The Beijing-funded China News Service reported yesterday that more than 35.4 million people entered or left China through Shenzhen just across the border from Hongkong a 10
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      • 94 10 BRAZIL'S decision to suspend taking coffee export orders has cost it US$55 million (5597.4 million) so far, according to Economy Ministry sources in Brasilia. The suspension was ordered on March 21 to allow government and industry officials time to consider returning to the International Coffee Agreement,
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      • 98 10 ALBANIA'S communists have won a two-thirds majority in a run-off election in which Prime Minister Fatos Nano avoided President Ramiz Alia's fate at the hands of the electorate when he was elected to a Parliament seat. Mr Nano, 39, is considered a reformist within the
        98 words
      • 79 10 CHINA plans to increase advanced technology imports by releasing more hard currency. Gan Ziyu, China's Vice Minister of the State Planning Commission, said the central government would gradually release more foreign exchange over the next five years to boost technology imports, the Xinhua news agency
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      • 69 10 THE COMMANDER of allied forces in the Gulf War, US General Norman Schwarzkopf, plans to retire next summer and make money on the book-and-lecture circuit, according to Newsweek magazine. In its latest issue, Newsweek said Gen Schwarzkopf was offered the job of US Army Chief of
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      • 63 10 INDIA and Pakistan have agreed to resume talks about a strategic Himalayan glacier in an attempt bid to further improve their strained relations. "The two sides agreed in principle to resume dialogue on the Siachen issue at an appropriate time," said a joint statement released
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    • 511 10 Reuter JAPANESE authorities are starting to congratulate themselves for cooling off sky-high land and stock prices without sparking economic disaster, but are not yet proclaiming victory in the battle against asset inflation. "The entire policy establishment is congratulating itself for being the First regulators
      Reuter  -  511 words
    • 339 10 But Bush has a tough selling job to do AFP UNITED STATES President George Bush and Mexican President Carlos Salinas de Gortari affirmed on Sunday their will to redouble efforts to create a North American free-trade /.one. The two leaders also tried to
      AFP  -  339 words
    • 252 10 Reuter WESTERN FIRMS are cautious about investing in the Soviet oil industry despite its huge potential and desperate need to raise output and export earnings, a leading US energy expert said yesterday. Western firms have two investment options to invest in existing
      Reuter  -  252 words
    • 357 10 NYT A FRENCH government decision to allow private investors to acquire up to 49 per cent of companies in the huge state-owned sector will allow these companies to compete better with global rivals, government officials say. The officials say they
      NYT  -  357 words
    • 140 10 AFP THE Inter-American Development Bank (IDB) plans to double its borrowings to around US$3.6 billion (556.4 billion) this year, placing more emphasis on yendenominated funds. "We have an ambitious lending programme which requires ambitious borrowings." said IDB financial manager Charles Scthncss yesterday. He said the
      AFP  -  140 words
    • 584 11 Many enterprises running at a loss AFP A THIRD of the 24,000 workers manning the grimy equipment at the Shenyang Heavy Machinery Plant should be fired. Instead, they are making twice the national average income. "It's like a snowball rolling down a
      AFP  -  584 words
    • 307 11 Reuter THE world's poorer nations are subsidising rich states with an export worth billions of dollars brainpower. That's the benefit Third World scientists and engineers bring when they move to industrialised countries, according to a study released on Sunday. The study, by
      Reuter  -  307 words
  • Page 10 Advertisements
    • 129 10 FORKLIFT INTRODUCING THE 'SMALLEST RANGE' OF NISSAN 1.5 3.5 TONS ode l^ aS 1 FORKUFT^y^ 111 V" (FX cushion tire model) /JMUHL#* 1 is primarily designed for r MB \qg t the manufacturing sector H for easier manoeuvrability H JjU in confined areas as it I covers a smaller area
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    • 153 10 L PJ) uni-Nall A MITSUBISHI PENCIL CO.. LTD. JAPAN \lf What We Have Done M \w/ To Give You These [i Vw// Fine Liners J^ First we make their metal ball tips jlm ufS highly durable to acquire instant fw wm Should any one of them skip or f *lm
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  • Page 11 Advertisements
    • 111 11 3 V "TfrtE Special Dinner Promotion A La Carte also available .a^x. Tfcc 24 hours Coffee House Western and Local Set Dinner Special Set Dinner $45.00** I'er Person $18.00* Per Person. lUe Rivs* fatalt Sichuan Set Dinner S $M .(Ml** Per Person Combination Steamboat $12.00* Per Person (min. 2 persons).
      111 words
    • 41 11 fWILL THAT BARGAIN HOME COMPUTER COST YOU HEAPS! TELEVIEW SOFTWARE $90 3 MONTHS' TELEVIEW SUBSCRIPTION (RESIDENTIAL) $27 gay 40 PDBUC MMAIN SOFTWARE APPLICATIONS THE POWERFLEX 2 WON'T. pjjjßßßßßßßßßßHßWPiMfc>aMM>wwiiwiii«<wiiw<»iiMa>i iw w 1 1 jy pp^i w P rIUH 1 tt m WB
      41 words

  • 473 12 EDITORIAL MALAYSIAN stockbroker Rashid Hussain Berhad's proposed acquisition of a 49 per cent stake in Singapore's Cathay Securities, which has received the approval of the Stock Exchange of Singapore, is a welcome move. Although several Singapore stockbrokers have received or are awaiting approval for tie-ups with
    473 words
  • WHAT THE OTHERS SAY
    • 245 12 IRAN is capitalising on developments around it and offering itself to the West as a new partner for trusted friendship in the Gulf. It is making no secret of its desire to be part of the Gulf security structure that is being planned. Earlier failures to
      245 words
    • 143 12 DESPITE heavy losses in the Gulf War, President Saddam Hussein still continues his brutality, this time against his own people the Kurds and the Shi'itcs. This poses a dilemma to the international community, especially the US and its allies. Should they allow Saddam to continue suppressing his own
      143 words
    • 128 12 THE Singapore government has always emphasised the need to train workers and the Skills Development Fund (SDF) has encouraged many employers to respond positively to this. But there has been no significant improvement in the skills level of workers. The root of the problem must be found
      128 words
  • REGIONAL VIEWPOINTS
    • 174 12 THE most effective defence against terrorism, it is clear, is preparedness. In the case of the hijacking of the Singapore jet, the first line of defence was breached when airport officials failed to spot the terrorists before they boarded the Airbus at Kuala Lumpur's Subang Airport. This failure
      174 words
    • 181 12 THOSE who are still worried about the fundamentals of Indonesia's economy, or about the way the government is managing its budget may get some respite from Minister of Finance J B Sumarlin's brief explanations after the monthly limited Cabinet session on economic affairs on Wednesday. Sumarlin
      181 words
    • 144 12 PLUG a leak and another appears. There seems to be no end to obstacles facing Malaysian shippers who are at the mercy of freighter syndicates. Just when the Malaysian National Shippers Council (MNSC) has finally indicated it is seriously looking into revising its surcharge on Pcnang port, the
      144 words
  • 1204 12  -  For the past several months, Japan and Europe have been flirting with each other. Now they may be about to embark on a marriage of convenience. Tom Redburn reports Tom Redburn IHT EVER since the United States and the European Community declared a common
    IHT  -  1,204 words
  • Page 12 Advertisements
    • 406 12 Steamers Maritime Holdings Limited (Incorporated m the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the Annual General Meeting of the Company which will be held at the Straits Room, 10 Collyer Quay #29-00, Ocean Building, Singapore 0104, on Friday, 26 April 1991
      406 words
  • Page 12 Miscellaneous
    • 81 12 DOONESBURY BY GARRY TRUDEAU /FYOte JUSTJONEVLS,U£R£ TH&&S A&OUJTEV/ il I!. U£LL, OKAY. HERHISOFFICS? RBADIN6 tXC£#PTS FROM THE NOTHING UJRONG 11. FIRST HOU-YUJOOP UJHffT UJA6 UNAUTHORIZBP 810, 'NANCY tUTTH A 28YBAR-OU? 1 80/FRJENP UJAS BENNY'S 681JH15- FEA6AN"ZDNK,I'MTKOUOL&? SINGLE6ALKJCKJN3 MI: BENNY THAU'SHE UNEOFUO*> HEAPOF BHEUJAS ABOUT RBCJUS&NG HOl HOU-Y- 1 UP HSR
      81 words

  • ANALYSIS
    • 943 13  -  More than 2.3 million cars, motorcycles and trucks crawl through Bangkok, a sprawling city of more than eight million people, daily. With no adequate mass transit system, worsening air pollution and a city that stretches more than 40 miles across, the traffic affects
      UPI  -  943 words
    • 1527 13  -  Australian Prime Minister Bob Hawke acknowledged recently that his country's relationship with Malaysia had hit a rough patch. He will take the opportunity during a Commonwealth meeting in London in June to discuss the strained relations between the two countries with his Malaysian
      1,527 words
    • 636 13  -  Sarah Lubman reports on the use of political prisoners tor labour in China Sarah Lubman UPI FOR some time, there has been growing Western alarm over alleged use of "slave labour", particularly political prisoners, in China for manufacturing exports. The latest case involves a
      UPI  -  636 words
  • Page 13 Advertisements
    • 150 13 PERTH/BRISBANE PROPERTY INVESTMENT OPPORTUNITIES. PORTFOLIO PRESENTATION Australia oilers a secure and IN SINGAPORE BY VISITING stable environment for investors. AUSTRALIAN The opportunity currently exists to REPRESENTATIVES. take advantage of tailing interest BROAD SELECTION OF rates and high returns. PROPERTIES FROM AROUND APPOINTMENTS AVAILABLE $5675,000 TO $567,500,000 THURSDAY lITH APRIL WITH
      150 words

  • INNOVATION & TECHNOLOGY
    • TECH TAKES
      • 100 14 XEROX has developed a high-performance, high-speed copier which is marketed in Japan, Europe and North America. The Xerox 5100 is manufactured in the United States and has a list price of U5599,500. It makes 11 by 17 inch copies at the rate of 66 per
        100 words
      • 125 14 MINOLTA has launched a new compact laser printer called SPIOI using Minolta optic technology. The SPIOI gives clean, even publication-quality text and graphics with a resolution of 300 dots per inch. This is possible because it uses a belt instead of a conventional roller. It has
        125 words
    • 313 14  -  By Claire Leow THE software development and engineering industry will stand a better chance of exporting its products and services when a quality certification programme comes into force. The Software Development Technical Committee is working on a model which will be used
      313 words
    • 544 14  -  Lotus may have made success seem as easy as 1-2-3, but staying at the top takes special effort. Local IT firms may draw some lessons from this software giant, comments Kenneth James. IT MATTERS Kenneth James NO more Mr Nice Guy. In
      544 words
    • 230 14 Imaging the hype and the benefits AN upcoming conference on image processing promises to help separate the hype from the true potential of a technology that already generates a billion-dollar business with its promise of a near-paper-less office. The Asia Pacific Image and Information Management conference and exhibition (AIM 1991),
      230 words
    • 250 14 Financial software supplier Kindle group will sell one of the world's leading trade finance packages in the Asia-Paeific region, following its agreement with US-based software developer Morgan Laboratories last month. Under the agreement, Kindle will market the package, known as IBSNET, along with
      250 words
  • Page 14 Advertisements
    • 77 14 MAKE A DATE WITH EDICMt refwm after Its successfd ddmt lost year. Here's another chance to Computer E^[l^^ Informatisation of Japan Information Processing Development Centre Ottkkl PuUkation: Asia Computer Weekly For further details, please conta<t: Organisers: Singapore Network Services Pte Ltd, 75 Science Park Drive, #BI 01/13 CINTECHII, Singapore 0511
      77 words
    • 326 14 m: Now! Your Chance to be Perfect Bill]lll m w <Si99/^ *for a limited period only^^^ Offer lasts only until 30 April 1991. so hurry before you miss this once-in-a-lifetime chance to Buy WordPerfect 5.1 for only $399 if you trade-in join our Perfect family. the legal copy of your
      326 words

  • FOCUS
    • 1150 15 Company eyes stockbroking and cement manufacturing Malaysian Business SINCE last December, penny stock Idris Hydraulic has been the most actively traded counter on the Kuala Lumpur Stock Exchange (KLSE) wtth a buying frenzy that virtually doubled its price. The reason: almost
      Malaysian Business  -  1,150 words
  • Page 15 Advertisements
    • 215 15 BANKING, FINANCE AND INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the
      215 words

  • Page 16 Advertisements
    • 1959 16 DBS Charity Investrj THE RACE IS ON! Nine teams Industry. Also supporting the Race a SMMMMMM MM MM are the Singapore Merchant Bankagainst one another the ■l£|o|£rM KjlTlAil jl|A Exmonths— I QUwIICIIv iMMMMMM MM ity/ They are participants the Singapore Society Financial AnDBS Investment Race Mi IMMMM MM Price Waterhouse
      1,959 words

  • Page 17 Advertisements
    • 218 17 foment Race jy DBS INVESTMENT RACE DAIWA DBS ASSET MANAGEMENT INDOSUEZ ■ISSIHMK I CARR FUTURES nt LTD Nomura Singapore Ltd MM ■Hi IIH- Sun Hung Kai Securities PSp 'BB" BCy '*'"^msHß *m»- 'H mm j v fn Accolade for the top three lirniir mnnpv the DBS Charity Investment Race privilege
      218 words

  • Page 18 Advertisements
    • 218 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A Gift Of Hope FOR EVERY eWarf WATER ORDERED, WE'LL DONATE $1 TO NATIONAL KIDNEY FOUNDATION. You can help National Kidney Foundation raise funds for subsidised dialysis s y J treatment bvdrinking Evian t
      218 words
    • 212 18 DIAN XIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-you-can-eat for only $16.80* per person. Lunch Hours: 11.30 am 2.30pm *Hu.o 10% scrvicr charge A 4% government ox mwt Regency Singapore 10-12 Voas Riiid Mngaport* 0922 Tel T 33IIHM HIGH With a tempting array of 32 dishes, vou'U
      212 words
    • 231 18 j, "V v At Seafood Theatre J Restaurant, our unusual r yW""'. blend of Cantonese and a continental ambience f y IB i f i\, J. SSUNSET Experience the lain! in Steamboat Dining at the Galaxy Poolside the finest Steamboat Buffet spread in town Si/zlmi; Barbecue items are also served
      231 words
    • 276 18 Scandinavian Buffet Lunch April 1 30 Noon 2.30 pm Adult: $36++ JME i Child below 10: $18 We serve the world to you at The Belvedere. j \y//aru/tmfi if} T btWtnfc«rf<*awv >11 Orchard Road Sm**xxr T r "1744 i Chef's Carve: 522.00** succulent roast on the wagon carved your choice.
      276 words
  • Page 18 Miscellaneous
    • 732 18 TELEVISION AND RADIO Fi Ithv and rich ,*EC obea rac,ed 0 SSS2S A JLM.I'JLX y CCI-i vl> 1 IVII 7.00 AM CNN International (L>. 7.50 Newswatch. 7.25 Cable News Network (cont'd). BBC, 89.9 mHz in VHF Band II 830 Close. 8.00 It's Your Move (Stereo. L). 7.30 Rambo (Cartoon). 7.10
      732 words

  • LIFESTYLE
    • 1003 19  -  Alex S Jones says editors in America are finding comics a potent tool in boosting the circulation of their newspapers Alex S Jones NYT WHEN The Washington Post recently tried to drop the venerable comic strips Mark Trail. Gasoline Alley and Steve Roper Mike Nomad, the
      NYT  -  1,003 words
    • 467 19 Reuter Tucked away in a dusty corner of Beijing, one of the world's best violin-makers labours for love, not profit. Almost unknown outside China, Dai Hongxiang, known by his followers as the Chinese Stradivarius, professes to a level of job satisfaction rare in China's proletarian society. The
      Reuter  -  467 words
    • 387 19 CHATTERBOX BRITISH ACTOR Sir lan McKellen on Sunday won the Laurence Olivier actor of the year award, British theatre's equivalent of the Hollywood Oscar, for his powerful performance in William Shakespeare's Richard 111. Veteran actress Dame Peggy Ashcroft, 83, received a special
      387 words
  • Page 19 Advertisements
    • 235 19 AND ENTERTAIN -9 Set Your Heart On Our Set Meals. LL'NCH lIJOAM TO I 2.30PM $16 50* '(L-SfcJ WtcVtß I kJi Phf< PERSON DINNtR b WPM TO s*- T- v Jk\ IC-30PM SlfcW* '«ki.,.. Wi PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its
      235 words
    • 64 19 The freshest, liveliest seafood place in town. "You'll have to go a long way to find seafood j. any fresher. Lunch: 12 noon 2.30 pm. '9" Except Sun day Dinner: 6.30pm 11.00pm. 1 THE SEAFOOD PLACE LEVEL I THE PAN PACIFIC HOTEL SINGAPORE MARINA SQUARE. 7ft AFFLCS BOULEVARD. SINGAPORE 0103
      64 words

  • SPORTS
    • SIDE LINES
      • 60 20 CHRIS JOHNSON battled her nerves more than her opponents on Sunday as she shot an even-par 72 to win the Tucson Open by four shots. Johnson, who won in Arizona in 1984, scattered three birdies and three bogeys over the 6,243yard Randolph Park
        60 words
      • 59 20 BRAZILIAN RAUL BOESEL, avoiding the pitfalls that plagued nearly everyone else, held off a late challenge from the Chevrolet Miller of Tom Kendall and drove his Jaguar XJR-10 prototype to victory on Sunday in the Nissan Grand Prix of Miami. The 1987 world endurance champion earned
        59 words
      • 58 20 GABRIELA SABATINI became a US$4 million woman on Sunday. Her 6-1, 6-1 victory over Leila Mcskhi in the finals of the US$5OO,OOO Family Circle Magazine Cup was worth US$3OO,OOOO and raised her career winnings to U555,011,687. Only Martina Navratilova, Chris Evert, Steffi Graf and Pam Shrivcr
        58 words
      • 64 20 AUSTRALIA'S modern pentathlon champion Alex Watson, banned for two years after failing a drug test at the 1988 Seoul Olympics, has been picked for the Australian team to compete at the world championships in the US in late-August. Watson, 33, finished second in the Victorian
        64 words
      • 50 20 JILfc'HUNTER of Britain set a course record of 51 minutes, 56 seconds as she captured the women's title in Sunday's 18th annual running of the Cherry Blossom 16km run in Washington. Hunter, 25, a native of Newcastle, England, broke Lisa Martin's four-year-old record of 52:23.
        50 words
      • 56 20 EDWIG VAN HOOYDONCK broke away on the last hill and beat fellow-Belgian Johan Musceuw and Dane Rolf Socrenscn by 45 seconds on Sunday to win the Tour of Flanders World Cup cycling race. Van Hooydonck, the 1989 champion, broke from a pack of four 12km from the
        56 words
      • 43 20 SQUASH has a 50-50 chance of being played at the 1996 Olympics in Atlanta. International Squash Players Association president Roger Eady said the International Squash Rackets Federation was on the verge of a breakthrough with the International Olympic Committee.
        43 words
      • 56 20 SERGI BRUGUERA rallied after losing the first three games to beat Karcl Novacck of Czechoslovakia 7-6, 6-1 on Sunday and win the U*****,000 Estoril Open, his first ATP Tour victory. After winning the first set in a tic-brcakcr, the 20-year-old Bruguera wrapped up the match by
        56 words
    • 266 20 AFP ANDRE AGASSI broke out of a four-month slump in Florida on Sunday when he defeated Derrick Rostagno to win the U*****,000 Orlando men's tennis tournament. Agassi, who has not won since suffering an injury during the Davis Cup finals last
      AFP  -  266 words
    • 526 20 Rain fails to wash out Independent Insurance Agent Open UPI THE THREESOME of Bobby Wadkins, Mike Hulbcrt and Robert Wrenn combined for a 16-under-par 56 on Sunday to win a fun-filled, US$lOO,OOO winner-takc-all scramble at the wet Independent Insurance Agent Open. Sixteen three-man teams helped
      UPI  -  526 words
    • 302 20 AP TEAM Dennis Conner geared up for the defence of the America's Cup on Sunday by christening its new generation yacht the Stars and Stripes. Conner, however, indicated that the US$3 million (about 555.25 million) yacht might not be ready to sail
      AP  -  302 words
    • 327 20 Reuter TRIPLE Olympic champion Janet Evans left the field behind in the 1.500 m freestyle to claim her fourth victory and earn top performer honours at the US Swimming Spring National championships on Sunday. On the final day of the five-day meeting,
      Reuter  -  327 words
    • 152 20  -  By Arthur Lee HAVE A HEART and do a world of good for your own heart at the same time. Participants of this year's Mobil marathon held biennially will be asked to volunteer to run for charity. If they agree, each will be given a
      152 words
    • 38 20 AP picture A bike is sent flying through the air when three motorcycles crashed soon after the start of the 250 cc race at the Australian Grand Prix held on Sunday. AP picture
      AP picture  -  38 words
  • Page 20 Advertisements
    • 104 20 I The International Premier Event has Arrived in its FIRST and most extraordinary package ever to be held in Asia GOLF ASIA '91. ASIA'9I THE Ist INTERNATIONAL GOLF SHOW 11th to 14th APRIL 1991 WTC SINGAPORE Attend Asia-Pacific Golf Summit'9l Conference! The FIRST premier event to present new consensus on
      104 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 5061 21  -  By Magdalene Ng TRADING on the local stock market continued to be directionless yesterday, with activity focused on third-liners and warrants like Promet, Kuala l umpur Industries and City Dev Wrt. Dealers contacted yesterday complained of boredom, pointing to the low turnover for
      5,061 words

  • 4079 22 Main Board (K B< 'Foreign 1070 f 20 I l> CM Wl 231 HI *5 0% Spore Bus 500 Ml* r C&C 525 f 10 I l| BAT 2le 410 '8 k 2 0% (il'BSSl W) 342 f 2.4% Jurong Ship50* 815 5 Spore land
    4,079 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4119 23 Bernama SHARE PRICES on the Kuala Lumpur stock market closed broadly lower in thin trading yesterday as players remained sidelined for lack of encouraging leads. The KLSE Composite Index lost 9.01 points to 582.13 while the Industrial Index fell 14.83 points to 1,129.34. On
      Bernama  -  4,119 words
  • Page 23 Advertisements
    • 481 23 Glub, Glub, Glub The Republic's rapidly rising skyline is worrying property developers that Singapore will soon be inundated by a glut of office buildings and retail space. How soon? Perhaps by the j|l IK| m end of 1992. Fearing a replay of the recession years, when an p wt UvK
      481 words

  • BT SHARE INFORMATION SERVICE
    • 149 24 Company Date Year Group Net Net earnings Gross ana to profit/loss (L) per share dividend (•000) (cents) BAT Apt 6 Dec 90 $30.404($22 398) 33 8(162a) 1524(100) Ul Securities Apr 6 Dec 90 $291L($3.608) —(51a) 4(4 6a) Ambassador Apr 5 Dec 90 $303($799l) 11 lurong Ship Apr 4
      149 words
    • 562 24 ftmrtrr Date Year Group pre-tax Net earaings Crass mm to prallt/loss (L) par sfcare dMdaed (•000) (cants) Mcom Apr 3 Dec 90 M$7.635($1.124) 94(14) Tan Chora Apr 2 Dec 90 MJ271.671 ($153.678) 24 5(15 9) 10(6) City Dev Mar 30 Oec 90 $85.064($71,938) 95(79) 15(15) IJM Corpn Mar
      562 words
    • 270 24 *1* 8 .-J Cerebos has invested 160 m baht (SSIlm) to install machinery m a plant in Thailand as part of its plans to shift its chicken essence production facilities to Thailand Apr 5 PT United Overseas Bank Bali (UOBB), a subsidiary of UOB in Jakarta, had been
      270 words
    • 1509 24 Current Ex Books Date Total far Total for payment date dose payable the year last year Kara 5%TE )un 5 lun 17 Jul 1 101TE Amtek En« 6%TE(I) Apr 11 Apr 17 Apr 26 6%TE 12%TE Aynw SITE Feb 25 Mar 7 May 15 12 5*TE 25%It BAT
      1,509 words
    • 320 24 C—— Date Half-year Group pra-tax tatortoi am to proAt/loM (L) dhrMaad (*000) Kump Etnas Apr 5 Jan 91 MJ5.333(MS7.552) 2(2) Rashk) Hussain Apr 2 Nov 90 M$21.004($10.862) Seal Inc Mar 30 Dec 90 M$3.848(J5.892) -<-) Tongkah HWgs Mar 29 Dec 90 M$1,514L($378) Boustead Mar 28 Dec 90 M$
      320 words
    • 276 24 Company Rights Issue (Xftop Est Restricted issue ot 188 514m nominal value of 101 Convertible Redeemable Unsecured Loan Stock (CIAS) 1991 19% issued on the basis of II nominal amount of CULS for every 3 ordinary shares of $1 each held at nominal value Ei-date Apr Books close
      276 words
    • 903 24 BONDS, LOANS WARRANTS Company Conversion period Conversion term tar one ordinary share etc Nt Before 26 4 93 I warrant plus $3 09 cash Causeway loan Causeway Nt 2 10 89 to 20 10 94 1 warrant plus SO 77 cash or 1 warrant plus $0 77 nominal amount ot
      903 words
    • 217 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index i<wi fob 1307 07 (73 91) 212 S5'5 «6i9 iwi *****8 (16/1/91) SI Si 43S43 6 90 1990 1607 12 < 27^90 > S5? Sl07 (09 11 90 1990 to l079S0 WW 90 SEl *****0 28 2 89 1989 1487 76
      217 words
    • 478 24 Company Rights Issue Mcom One tor two «n M$1 00 per share Issue ot 40m Cumulative Redeemable Preference Shares (CRPSl of M$0 10 each at MJ1 per share *'th 19m detachable ISR on the basis ot 1 CRPS with 1 ISR tor every 4 CRPS Bon on One
      478 words
  • Page 24 Advertisements
    • 95 24 BREAKTHROUGH Is Breaking Into 1991 Because 1990 Has Been Broken TO ALL THE 1990 MILLION DOLLAR AGENTS JASON OU J ACQ CHAN IRENE LIM mm aiim fii an,^° '""A jj 2 M«b TA "S a >ll<im FRANK GOH SHARON LIM LOWWANMENG JAIME TAN What causes some people to achieve their
      95 words

  • TOKYO STOCK EXCHANGE
    • 2262 25 Reuter TOKYO SIXX'KS closed lower yesterday after a day of trade made dull by the market's reluctance to move while interest-rate direction is still unclear. The resignation of a top official in Japan's ruling party had little impact, with dealers saying it did not
      Reuter  -  2,262 words
  • STOCK EXCHANGE OF HONGKONG
    • 2161 25 Reuter HEAVY profit-taking late in the day dragged the Hang Seng Index down 37.14 points to end at 3,812.01 yesterday, reversing an early gain on the back of strong morning performances by the newly relisted Hongkongßank counter and property developer, Cheung Kong. "The
      Reuter  -  2,161 words
  • Page 25 Advertisements

  • REGIONAL STOCK MARKETS
    • Bombay shares buck weak Asian trend
      • 298 26 AUSTRALIAN shares slipped to a weaker elose yesterday after the release of February balance of payments data failed to inspire optimism. The market took its initial direetion from Friday's weaker Wall Street, which was dealt a double blow by the US Federal Reserve's unwillingness to lower interest rates and
        298 words
      • 1628 26 Australia Apr 8 A Cents VoH'OO) AC Minerals 75 unch 6219 ACM Gold 35 2 ***** AN/. Bank 327 4 ***** Aberfoyle 390 20 381 AdclStm 12 -2 ***** Advancc Bank 540 2 129 Alcan 147 -3 150 Amcor 471 -4 9896 Ampol Ex 273 2 235 Argo 243 I
        1,628 words
      • 596 26 PHILIPPINE shares ended mixed yesterday with the Manila index at a new year's high as investors marked time by consolidating gains in commercial stocks while boosting earnings in oil shares. The Manila Stock Exchange Composite Index rose 6.37 points to end at 1,154.73, compared with the previous year's high
        596 words
      • 661 26 JAKARTA stock prices ended mixed yesterday, with the index rising 1.29 points to 408.06, and turnover nearly doubled to 3.24 million shares from 1.92 million on Friday. Tyre maker Good Year was well traded on the regular market, rising 200 rupiah to 4,900 on volume 62,500 shares. It was
        661 words
      • 412 26 TAIWAN stocks closed lower on the first trading day after a four-day holiday with investors cautious at the opening of the National Assembly meeting yesterday. The Weighted index lost 64.87 points (1.2 per cent) to close at 5.279.97 against a pre-holiday close of 5.344.84 last Wednesday. Turnover was NTS7B.2
        412 words
      • 783 26 SEOUL stocks closed lower in extremely light trading yesterday, breaking the 650 level in the absence of fresh marketboosting measures. The Composite Stock Index closed the day at 646.46. down 4.54 points from Saturday's close. Turnover was extremely thin at 5.68 million shares against 5.02 million shares in Saturday's
        783 words
      • 71 26 NEW ZEALAND shares ended lower yesterday after a dull and mixed day of low volume business and brokers expected similar trading throughout this week. "It ended a bit mixed really," said Peter Halligan of Buttle Wilson. "Prices finished well off their lows, but volume was very light and
        71 words
      • 73 26 BOMBAY share priccs yesterday rose broadly on heavy buying by non-resi-dent Indians. Broker Arvind Dalai said there were no sellers in good stocks. He said market players didn't want to go short in the firm market though political uncertainties continued to weigh on sentiment. "Local demand was poor and
        73 words
      • 91 26 Close PruiiHis April 8 SYDNEY All Ordinaries Index 1.445 6 1.456.4 -12.3 All Industrials Index 2.2.16 4 2.257.5 -21 5 All Resources Index 840.5 844 0 -5.5 Turnover (million) 70.58 76.24 -5 66 BANGKOK SET Index dosed 874 64 Turnover (million hahl) 4.030 JAKARTA Composite Index 408.06 406.77 1.29 MANILA
        91 words
      • 370 26 In local currency In S$ In I S$ S da> year S da> S year S da> year Apr 5 Index change changc change change change change World 416.7 0.4 164 0.3 15.1 0.8 13.6 iEAFE 549.7 0.3 17.0 0.6 14.3 1.2 12.8 Europe 414 5 0.5 19.2 1.1 11.0
        370 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 897 27  -  THE S ANG_ KANCIL JJy David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50.000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen. sterling. Swiss francs, Nikkei Stock Index Futures
      Charts bt TeleTrac  -  897 words
    • 270 27 ASIA THE US DOLLAR ended firmer in Tokyo as dealers covered short positions on fears the yen could lose more ground overseas later on perceived political uncertainty. News that the head of Japan's ruling Liberal Democratic Party (LDP) would resign to take
      270 words
    • 1185 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.64 93.67 93 64 93.66 7500 ***** 7773 Sep 91 93.36 93.39 93.36 93 38 3000 7818 4110 Dec 91 92 90 92.92 92.89 92.92 820 8968 1283 Mar 92 92.71 92.72 92.70 92.72 405 5028
      1,185 words
    • 408 27 Cross rates Aprt US$ S$ VI5 Dm Yen t Sf r NZS US$ 1.7690 2.7485 1.6895 136 55 0 5675 ***** 1.2758 1.6892 SS ***** 1.5537 0.9551 0.7719 0.3208 ***** 0.7212 0.9549 MS 0.3638 64 36 ***** 0.4968 0.2065 0.5195 0.4642 0.6146 l>m 0.5919 ***** ***** 80
      408 words
    • 576 27 Interbank rates SS Bid Offer Overnight 4 7/16 4 9/16 1-month 4 1/2 4 5/8 2-month 4 '1/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 4-9/16 I SS Kid Offer 7 days 6 1/16 6 .VI6 1 month 6 1/16 6 3/16 2 months 6 1/16
      576 words

  • COMMODITIES
    • 392 28 AP OPEC NATIONS boosted crude production a bit in March but will likely cut back in the coming months from their Gulf War highs, analysts said. The International Energy Agency reported in its Monthly Oil Market Report that the 13-nation cartel produced
      AP  -  392 words
    • 316 28 Reuter INCREASED DEMAND in newly industrialised Asian nations will help raise world oil needs by half a per cent this year to 65.9 million barrels per day (bpd), after zero growth in 1990. the International Energy Agency (lEA) said.
      Reuter  -  316 words
    • 852 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market rose seven sen to close at MS 14.87 per kg in line with the higher close on the London Metal Exchange last Friday. Dealers attributed the steadier tone of the metal
      852 words
  • 1538 28 Rubber am MS (>*> in bate*) S eents/kg N<n)ii lose Int I KSSIWipt I42.0IVI4.100N 141 75/142 7SN lot I KSS V1.iv ')l 145 (MVI4S 54) 144 75/145 25 InllKSSJim 146 75/147.25 146.75/147 25 Int 2 KSS <)l» 142 50/144 SON 142 SI/144 SON Int KSS Ol' |4X(MVI4000N 1.4N.00/I4OOON Int
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  • Page 28 Advertisements
    • 682 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 EAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF FOREIGN MONEY SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the company held on Bth Apri 1991
      682 words
    • 584 28 IN THE MATTER OF THE COMPANIES ACT (CAP. SO) AND IN THE MATTER OF UNITED RADIO CO PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF FINAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50. that a Final General Meeting ot the
      584 words
    • 11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • 1140 29 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA89J 1235 GA974 GA886 0005 0010 MH640 MH630 SQl 03 MH605 0805~ 0855 0950 1020 SQl 02 MM604 SQl 04 MH670 0730 0740 0830 Adelaide SQ228 2000 QF82 2200 0950 Amsterdam GA893 KL837 SQ23
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  • THE TRAVEL PAGE
    • 711 29  -  POSTCARD FROM NEW YORK By James Barron Looking hack from the observation platform last Saturday, one hand on the polished old railing. John Wilson wanted to make a few remarks. Wilson has been a redcap at Grand Central for the last eight years and
      711 words
    • 160 29 As at 3pm yesterday: IxKal dollars to one unit of foreign curreno C urrcncics Bid Offer Australian dollar 1.382 I 402 Canadian dollar I.$20 1.540 N/ dollar 1.0370 I 067 Sterling pound 3.095 3.115 l)X dollar 1.7650 1.7750 hml dollars to UN) units of foreign curreno Austrian
      160 words
    • 83 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April 17th International Centro Fundacion El <541(*****25 Machinery 5-22 Book Fair Municipal de l.ibro Instruments Exhibition Fxposioonov April XVI International Buenos Chamber of |54H6%4<M Buenos Aires 11-26 Furniture Aires Manufacturers April International Barcelona Foire de (.14)3/*****01 Exhibition—
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  • Page 29 Advertisements
    • 40 29 Zurich fly to Europe with Finnair. (And the not so well-off too.) Because Finnair flies a superb twice-weekly route from Singapore to Helsinki and then over 30 European destinations. Call 733.3377 for details. We know Kurii|»- from start to Finnish.
      40 words
    • 57 29 HIGHWAY COWBOYS They make accidents happen: By pouring oil By parking old heavy on the road. trucks near blind corners By using old cars that By sending herds of cows cause chain collisions into the path of your car. FOR A FEW DOLLARS MORE The latest news and much more.
      57 words
  • Page 29 Miscellaneous
    • 259 29 Chcmical .evidence of can- IH HB hH nabis smoking? (6) ■BB__ 4 Learn lines for speaking 9 j j j i H 1 10 City set within a river (8) 12 Record is within a couple 1 j 13 Tragically without match, has to return a 17 j Far than
      259 words
    • 215 29 Singapore Outlook: Showers o%er several areas in the afternoon. Forecast: Maximum temperature 33.8* C Assoc humidity 59% Minimum temperature 25.7* C Assoc humidity 94% Hours of sunshine K 95 Rainfall in mm Nil Rainfall this month 30.5 Rainy days this month 4 World forecast Asia-Pacific Hi/Ijo* Cond. Auckland 24/16 Windy
      215 words
    • 28 29 C MC'S OFF an .\ce.\s V UCT UQH ft iM \M UMTU "TO >V T>\«. POV\NS (r BuH-V. —J.—s Jj| <Qi |g 0397 EVENING STANOARD CO LTD IM2-IMI
      28 words

  • 499 30 Liberal economic policy mitigates effects of coup Reuter THAILAND'S interim prime minister says martial law will be lifted soon and liberal economic policies already adopted may repair damage done to his country's reputation by February's bloodless coup. "In the not-too-distant future the
    Reuter  -  499 words
  • 397 30  -  By Yong Pow Ang THE Minister of State for Trade and Industry. Mr Vlah Bow Tan. will he inaugurating for Semhawang Aviation a domestic air service in Hainan island tomorrow. This is the highlight of a week-long trade mission, led by
    397 words
  • 370 30 Agencies AS UP TO two million northern Kurds and southern Shi'ites overwhelmed Iranian and Turkish frontier camps yesterday, Germany said it wanted the European Community (EC) to press the world to maintain sanctions against Iraq as long as the Kurds were pursued by
    Agencies  -  370 words
  • 259 30 Reuter BRITISH Foreign Secretary Douglas Hurd said British and Chinese officials had extended their talks in Beijing j yesterday, raising a glimmer I of hope lor a breakthrough in a dispute over plans lor a new airport in Hongkong. Mr Hurd had directed his
    Reuter  -  259 words
  • 755 30  -  The Bottom Line SREE KUMAR SREE KUMAR The writer, formerly a management consultant, is currently a research fellow at the Institute of Southeast Asian Studies. The views expressed are entirely his own. THE 1980s saw a headlong rush in many countries to privatise numerous state-owned enterprises
    755 words
  • 453 30 Reuter THE FORCEFUL HEAD of Japan's ruling party resigned yesterday to take the blame for his party's bitter election defeat at the hands of the incumbent Tokyo governor whom he had tried to remove. "The current confusion within the party
    Reuter  -  453 words
  • Page 30 Advertisements
    • 91 30 _0L Baume Mercier GENEVE 1830 HZ UNITED HOUSE i— I -d FOR SALE h H/xcellent T I r,i lnvesment d i WOpportunity T For Investors/ N^ fBfR "o*o Q C IxoNnl i Owner —INN'•\ S&-"""'0 Occupiers V/ H 'i| Quality Office Accommodation Ist Floor Suitable for Showroom Fnbloc or Strata
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    • 27 30 JIL Baume Mercier GENEVE 1830 For the Professional Investment Analyst INVESTAMATIC Fundamental Analysis' Technical Analysis* Quantitative Analysis I I SINCiAPORI: 225-1595 MAI-AYStA 261-5331 IIONG KONG 877-2284 g
      27 words

  • Shipping Times
    • 425 31  -  By Rahita Elias SINGAPORE'S shipping community will embark on another trade mission later this year to persuade more European shipowners and managers to fly the Singapore flag and relocate operations here. Mr Teh Kong Leong, Marine Department director, told BT that the
      425 words
    • 141 31 AFP JAPANESE dockers launched an indefinite strike yesterday to block movements of containerised cargoes at nine major Japanese ports to press demands for higher wages and better working conditions. The Japan Council of Port and Harbour Transport Workers Union ordered its 50,000 members to indefi- nitcly
      AFP  -  141 words
    • 337 31 Reuter BRIERLEY Investments Ltd (BIL) had no legal obligation to diselose an agreement between it and Qantas Airways Ltd on the purchase by tender of Air New Zealand Ltd shares, the New Zealand Stock Exchange said. "It has been concluded
      Reuter  -  337 words
    • 128 31 Reuter AUSTRALIA'S oil explorers said last Sunday a recent attempt by environmentalists to stop the search for new oil reserves could set back the current boom in off-shore exploration. The conservation movement could set so many hurdles for explorers that the current momentum could
      Reuter  -  128 words
    • 224 31 Reuter Bit II (Sll aviation officials on last Sunday dismissed a newspaper report which said security at London's Heathrow airport was so had that guards fell asleep at work and were not sure how to identify suspect baggage. The Observer story, based
      Reuter  -  224 words
    • 541 31 Reuter BRITISH Foreign Secretary Douglas Hurd's visit to China has been dogged by tear and mistrust over Hongkong that threatens to leave the colony rudderless in the final six years of Britain's rule. I ast Saturday, Mr Hurd told a news conference in
      Reuter  -  541 words
    • 352 31  -  By Dexter Lee SINGAPORE Aerospace yesterday reinforced its thrust into the commercial aircraft repair and maintenance market with the official opening of its first wholly-owned subsidiary based in the US, Mobile Aerospace Engineering (MAE). MAE, together with sister company Singapore Aviation Services Company here,
      352 words
    • NEWS SUMMARY
      • 25 31 SHIPOWNERS in the Comecon countries of Romania and Bulgaria are trying to keep afloat in a sea of troubles Page 2
        25 words
      • 39 31 SURVIVORS and relatives of the 158 victims of the Scandinavian Star ferry fire a year ago gathered in silence outside the Norwegian Parliament last Saturday to remind lawmakers of the meaningless disaster Back Page
        39 words
      • 37 31 JAPANESE aircraft makers were determined to learn as much as they could as suppliers to Boeing. But now their business to Boeing is under threat, forcing a rethink of strategy Back Page
        37 words
      • 33 31 LEFTIST guerillas dynamited pipelines serving Colombia's principal oil refinery and energy towers in its main banana producing region, according to official statements published on Sunday Back Page
        33 words
      • 39 31 A STANDARD for next-gener-ation digital mobile telephones proposed by the US electronics giant Motorola Inc will be adopted for use in Japan, a spokesman for the industry's standard-setting organisation said last week Back Page
        39 words
    • LOG BOOK
      • 93 32 I WO ROY AL NAVY Sea King helicopters airlifted 28 people to safety from a burning cargo ship in the English C hannel, coast guard officials said on Sunday. 1 he rescue operation on Saturday night was mounted in response to an emergency
        93 words
      • 88 32 CARGO of rocket parts detained on board a Cook Island-owned ship at the main harbour in Colombo was destined for the Taiwan air force, press reports said on Sunday. The Ml' Mathalina was detained on arrival in Colombo on March 21 because its captain tailed
        88 words
      • 83 32 THE 24 SOUTH KOREAN seamen captured by Vietnamese pirates 18 days ago in the Straits of Malacca have been handed over to a group presumed to be a Vietnamese district security corps, a company spokesman said in Seoul on Sunday. The spokesman for Sam Young Fisheries
        83 words
      • 92 32 A SHIPYARD launched Japan's largest passenger ship on Saturday, in the latest addition to a growing Japanese cruise industry. The 27,000-ton. US$lO3 million ship was launched from a Mitsubishi Heavy Industries shipyard in Nagasaki in western Japan. Its owner. Nippon Yusen KK, said the ship is
        92 words
      • 83 32 THE EUROPEAN COMMUNITY (EC) has instructed France and Belgium to make a formal notification of their injections of capital into national airlines, the EC's executive commission said in Brussels last week. An EC spokesman said the two countries had not yet answered the commission's instruction
        83 words
      • 69 32 AIR INDIA has made a net profit of some US$33 million in the fiscal year ended March 31 despite problems affecting the aviation industry worldwide, the airline said in New Delhi on Thursday. S R Gupte, Air India's managing director, said the airline, India's flag
        69 words
    • 557 32 THE DRY cargo freight market was quiet on Kriday but brokers reported a return of more confidence based on higher time-charter rates for some panamaxes in the Atlantic. The Baltic Freight Index, which ended its slide on Thursday, was marked up another point to 1.59H, with trans-Pacific time-char-ter
      557 words
    • 1522 32  -  Shipowners in the Comecon countries of Romania and Bulgaria are trying to keep afloat in a sea of troubles, Ivan Berenyi reports Ivan Berenyi IN TWO of the Coniccon countries bordering on the Black Sea, Romania and Bulgaria, the problems of shipowners are virtually identical. They
      1,522 words
    • 975 32 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
      975 words
    • 11567 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,567 words
    • 3424 45 A Xm.BC C ontainerline NV: Bclsin Shpg Agencies lie Lid (SV Marine Handling Sdn Bhd (PK/PN). Accord (.roup: Accord Shpg lie I td (SVAccord Contr Line (PK/PN). Vdkris Business or pt nation Philippine: (alsourcc Shpg I rilg Pie I Id (S) Ahrenkiel I iner Service: Kim Shpg Trdg
      3,424 words
    • 250 45 \hacus Couriers Tel: 545-8011. Fax: *****98 Air Kipms I rwel Tel: 533-5771. Fa*: *****44 Airborne Treight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide ourier Tel: 278-0188 Fax: *****83. AJS Supplier Tel: 748-6322 (2 lines). 747-7421. Fa*: *****75. City-1 ink International Tel 344-3377. Fa*: *****50 luster link Supplies
      250 words
    • 1507 45 Abex Express Freight Tel: 542-7171 Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. \erospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel 542-5454. Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
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    • 2877 46 ARGENTINA Buenos Aires: Port quiet: general cargo berths available San lA>ren/o: Six vessels in port of which 2 loading grain. 4 loading pelletized meals; 5 vessels in roads awaiting berth of which 4 to load pelleti/ed meals, 1 to load grain KoNario: hour vessels in port ot which
      2,877 words
    • 457 46 ARRIVALS DEPARTURES Op Might l>p*' ETA I Kiwi Op Flight I>pe KID I lo TODAY TODAY JAl Jl.617 B747F 0200 I MKT SIA SQ802 B747F 0230 2 SYD/AKL KAL KF697 B747F 0220 I SEL KAL KE697 B747F 0450 1 BKK NCA KZ205 B747F 0310 I NRT NCA
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    • 475 46 SHIP SALES TANKER RATES VESSELS SOLD FOR FURTHER TRADING Bulk carriers Huron: 28,660 dwt and built 1978. sold to Swiss-based Greek interests for about US$6 million. 1 he Sirius: 27.140 dwt and built 1976. sold to a Norwegians for around US$5.l5 million. I he Su bice vac: 28.973 dwt and
      475 words
    • 314 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of V essel ETA KID Ports of Calls Port Agent APRIL 10 10 Ocean Pearl 0700 I "W0 Cruise-To-Nowhere Reefer Lines 11 II Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 15 15 Andaman Princess 0900 2200 Sin-Cruise-To- Lines Int Holding Nowhere 15
      314 words
    • SHIPS IN PORT
      • 525 47 Venal Voy No Berth Arrival Departue Vessel Voy No Berth Arrival Depart™ Kcppd Wharves Sea Ace 181, B 05/91 ll dioxide 09 04 7300 Kota Abadi E891 K32 jlongs«k 10 04 0600 0904 1500 Kota Berlian 8/91 Ml alongside 0804,2359 Vr,0 ,l2 J,on H s,de 09 04/1500
        525 words
      • 1428 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/ Balance RsJts Ship Voy No Etb/Btr Period From To From ACX I.kJC 4?A 10/1500 3 09/0/00 U9/U59 09 1400 4 09/1200 09/I4S9 09/1700 ACX lotus 11A 09/1500 l_ JM/1500 08/1659 08. 1900 Anson *****N 10/0200 1 08/1500 08/1659
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      • 258 47 Pwmg Ptrt Berth in Buttoworth on Apri 9: 1 Far East Success; 2: Taibah I. Thai Yang. 3: Malayan Success; 4 nil; 5 ml; 6 nil Penang Mart NB ml; CB FNS Iris. SB USS Holt BCT: Bl Juno. Bit An Jin Hai; l/B Barge Lian Seng
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    • 455 48 AP SURVIVORS and relatives of the 158 victims of the Scandinavian Star ferry fire a year ago gathered in silence outside Parliament last Saturday to remind lawmakers of the meaningless disaster. Under such banners as "Never Another Scandinavian Star." about 50 Norwegians whose lives
      AP  -  455 words
    • 473 48 Asahi A STANDARD for next-generation digital mobile telephones proposed hv the US electronics giant Motorola Ine will he adopted for use in Japan, a spokesman for the industry's standard-setting organisation said last week. The decision comes in the wake of a hitter dispute between Motorola,
      Asahi  -  473 words
    • 514 48 The Economist JUST a year ago Japan's aircraft makers were confidently planning to grab 10 per cent of the world market for commercial jets by 2000. twice their current share. After decades of trying to become big competitors, they were determined to learn as much
      The Economist  -  514 words
    • 306 48 AP LEFTIST GUERILLAS dynamited pipelines serving Colombia's principal oil refinery and energy towers in its main banana producing region, according to official statements published on Sunday. Rebels caused a forest fire on Saturday when they dynamited gas and oil pipelines leading to the
      AP  -  306 words
  • Page 31 Advertisements
    • 173 31 BS WEE HfNG METAL CO PIE LID 11, TUA3 AVE 14. SINGAPORE 2»A TELEX R9 J0876 3MMCPL TEL: 061 58SS (5 ROM) TELEFAX: «1 tn sd\ mVK fxMianfoi fMMtaxrrt* ■KjJ&'Sll' II lllfrv tortJW* *om 1 lif.tJJ I i ||llft tann»9olann«* AMI] I 1111 l t EMclk toMII IJEfll llftrTUMHUftii oMtLM
      173 words
    • 52 31 Air Forwarders 15 Air Fraght Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Fre<hts 2 Indei to Advertisers 3 Port Condrtions 16 Sh<ppng Agents 15 Shvimg Guide 10.11 Shipsales Tanker Rates 16 Ships in Port 17 Singapore Tides 17 Transport Diary 2 Weather and Sea
      52 words

  • Page 32 Advertisements
    • 122 32 J Syr Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer. rontrartor or engineer, all the current Irenils that affect them. you rn-ed to be kept well informed to maximise returns on Kssential information accessible every business day your money. |j, r ough Business Times. In the same way a surgeon
      122 words

  • Page 33 Advertisements
    • 2383 33 IH"™ JMOINC SHIFTING AGENCIES %lll|# AX) Cantonment Road #12 05 Southpomt. Singapore 0208 \llV9r Tel *****11 TELEX NO RS ***** ■VCTTTAVB lERMINAI CFS let *****18 220 PrftrtMn BOOKINGS Tel *****34 258 L VyOf M PESAKA JARDINE SHIPPING AGENCIES fORT KEIANG TEL *****18 MA***** MA***** PENANG TEL *****4 TELEX NO MA*****
      2,383 words
    • 976 33 MDEXI TO ADVERTISERS IAI 1 M 1 ABC Containerline 12 I Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 Mac-Pac Freight 9 4/5 Alhatros Sea-Air 14 3 Macoline 9 4/5 Ailieii-Link 16 4/5 •MaerskLine 3 4/5 APL 5 3-5 .MISC 14 1-3 APC Line 13 4 M sia Shpg Corp
      976 words
    • 2189 33 NEXT VESSEL TO U.S.A. METTE MAERSK V.9104 ETA 16/4/91 Vmmi Voy ETA ETO "Po*l "Penang DESTINATIONS Singapore Kelany This «ffk Mctte Maersa 910* Feeder by JQHjHj •6 4 0600 hps Farco CFS IV4 ?JS9 MRS M Tauro OAK LGB HOU MEM ATL MIA CMS BAL PHI NYC MON TOfl METTE
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  • Page 34 Advertisements
    • 1345 34 i Thottedam r VOY NO SPORE SOUTHAMPTON HAMtJUHO ANTWERP LE HAVRE ■■■i BREMEN EXPRESS 02-313 8/4 ?S<4 27'4 30'4 1 <5 B.'[Q|4 LONDON EXPRESS 01/114 13/4 4 5 2/b 31/5 KITANO 0//314 16/4 3/5 5/5 7/S L Alt *£STBOUNO P. HAMBURG EXPRESS 02/115 18/4 9/5 //5 6/5 KELANG ft PCNANG
      1,345 words
    • 601 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I J BONTANG ?IQ3£ ?3/4 to>s 13/5 18/5 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUAIOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CAIIAO SAN (PERU) ANTONIO L J BONTANG 2103W?3/4 I' 6 ?'6 5'6 V 6 a 6
      601 words
    • 1529 34 B9IMABia *JW*~ REGULAR INOEPCNDEHT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SHARJAH 9105 3 10/04 28/04 29/04 03/05 04/05 05/05 06/05 07/05 08/05 NORASIA MUBARAK 9106 3 15/04 05/05 06/05 09/05 10/05 11/05 12/05
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  • Page 35 Advertisements
    • 2012 35 Steamers Maritime Holdings Ltd P&O I H iW STRAITS SHIPPING! WSk Containers £J SSTJ 5&" r ACCEPTS DUE SAILS Vo» H>. P«< Al{ S.-U A v. r M ty rftdHA MAffTSM >108 06,04 OR 1)4 1004 2&04 ?8 04 ol OS crDA.rcunoc U<M LAHU) UVtKPOOI BAf 051/ übo4 Oho 4
      2,012 words
    • 2760 35 TQ: V-S-A,/PANAMA FM: US A/panama SP OAK ICS cm <DB SAV NOR NIC TC NOR C ICB CMOTANC GlO*Y EMU 1)4 »5 10 s WJ 5 fCi TV MO« KOKC SEN WA 1« 1M 1M S,l 4 J u ASIAN SENATOR EF lli ij,j i K i 14 74 aI
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  • Page 36 Advertisements
    • 690 36 HiU CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSEVOY S PORf ROAM ADAM H BURG BRtMfN ANTWERP SRIWUAYA,3IWB 11,4 13(5 19/5 »5 28,5 HUTAI22WB 15 46 9/6 14;« 17,<6 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sublet to Inducement. Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa.
      690 words
    • 1200 36 wwww HANJIN SHIPPING Hi! 111 lil I ■lip■ m MJilll II Ihll Hi! lillbd ■iiim^^Mß" i FEEDER VSL SIN LINE HAUL LA* OAK HANJIN CHUNGMU 0/lf 10 4 DIRECT 29 4 2/5 HAN UN LONGBEACH 013E 15,4 DIRECT 4 5 9/S HANJIN OAKLAND 013E 22(4 H HONGKONG 013E 13 5
      1,200 words
    • 55 36 I anna SCAN LLOYD SHIPPING PTE LTD. blk us auunied ave 2 #06-106 a[jl_Ja SINGAPORE 1438 TEL: *****22 WEEKLY ZffiV #il ill H (MON. THURS) ■J/aIiAIUH VSL: KUALA SIAK ALSO REGULAR SERVICES TO DUMAI/PEKANBARU SPECIALISE IN PROJECT CARGOES EOR ALL INDONESIAN PORTS ALSO SPECIALISING IN WAREHOUSING AND STORAGE SPACING FOR
      55 words
    • 1442 36 rPKI SGR HUG KSG KLG PUS HUT OSK NGY SIM TYO LA* CMS BAL NYC LHV ANW RDM THP HBG PSO CMS PKL SCP I E GENTLE RE 0» 12 4HI 16 417 4 20 4 22 4 24 4 26 4 27 4 28 4 254 10,5 22/5 245
      1,442 words

  • Page 37 Advertisements
    • 2055 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 mmm AUST/INDIA/PAK SERVICE -*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 JW NEPUNE SDN BHD MALAYSIA K.L -(03) *****33, P. Ketang-(03) *****87. Penang-(04)
      2,055 words
    • 1184 37 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 VESSELS VOYAGE SPOW VtUgA HHQNG VP If AGE SPORE PKLANG HBURG B
      1,184 words

  • Page 38 Advertisements
    • 1584 38 K» X T" VP T AS AGf NTS KAWASAKI SINGAPORE (PTE) LTD ICR No **********01*1 TfL *****/7 TELEX KAWAKI R5P.1165 fA* ??49?79 J J B MAIAVSIA -K" LINE MARITIME (MALAYSIA) SDN BHD I Ai IL A TH PJ/bb4722PK *****01'5 PENAN(. *****5 JB *****1 ■■■■■01 KAWASAKI KISI NKAI SI I A
      1,584 words
    • 1237 38 PHILI-ORI€NT UN€S PT€ LTD 108 ROBINSON ROAO #0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69 *****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA SJteajjT WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 15 APR MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 10
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  • Page 39 Advertisements
    • 1600 39 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSiIi 1111 PIL Building, 140 Cecil Street *03-00, Singapore 0106. TJakarTa Lbangkok ZI Tll| VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN BUNtii tfratai <a<« 19/ a ic.i SEA GLORY 9112 11/4 14/4 I®/4 EDEN !t? U,* 14/4 \V< KOTA BINTANG 9109 2/4
      1,600 words
    • 1156 39 BENLINE containers ltd 200 Cantonment Road Tel: *****22 #13-05 Soutlipoint Fax: *****63 Singapore 0208. W Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS I SPORT LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Amsia 098 9/4 26/4 27(4 29(4 30/4 Nedltoyd Tokyo' 096 11/4 2(5
      1,156 words
    • 580 39 M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg MYOMAYWA VI34W In Pt sw AVA VIO7W In Pt 11/15 *1* HPA AN VI62W 16(23 Apr THE BANK LINE (A Mrvic* of Andrew W«tr Shipping) \T SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS
      580 words



  • Page 42 Advertisements
    • 741 42 TO AUSTRALIA/NEW ZEALAND VSL Sin j Ffem Meib Auvh NPI P CHALH MARTHA It .*bs .'M VS lIS US I'S 21/S 71ft ELLEN MUOIC.'TO in 10l 7sT It St BRUSStL m 77s |Jk 5* Hi l*i »i TV(ROIME i 7? ~|Ui Tii ->/t 2// %J TO USA/CANADA VSI S»ngjpofe N
      741 words
    • 938 42 EXPORTS TO HONGKONG. TAIWAN JAPAN TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE i i r OUTBOUND VOY PKL PNC JKT TsiN T HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY I SIN PKL PNG BLW SIN TSK~ME~LOD7 23 "14 134 197 23 4 24 4 25 4 ACX JADE 42A
      938 words
    • 191 42 P.T. UNITED SHIPPING "of ORGANISATION LTD X EMH»CT HEGIJUR SERVKIS X JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA i SURABAYA -JL- Accept car|*es to all atker Indoneiian porta JL. with traaiklpatnl at Jakarta or Surabaya. DESTINATION ETA ETD VSL JAKARTA 9/4 11/4 P JAWA W 19/4 20-4 P KALIMANTAN a
      191 words
    • 1495 42 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE "A. J, MISTRI ROAD, HMC BUILDING TELtX r R OSHIP #15 00. SINGAPORE 0207 r ahi F COSJARI INE CR NO: 1178/*****0 M CABLE COSTAKLINt General Agents: COSTAR SHIPPING PTE LID TO HONGKONG AND CHINA FROM HONG KONG AND CHINA VESSEL
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  • Page 44 Advertisements
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    • 113 47 FOR SUCCESSFUL MANAGEMENT OF YOUR I Stories on labour and its relationship with Ik I I I l\l Hi management, management concepts in practice, If mmjm profiles of leading managers in Singapore and relevant book reviews. A J A ENTERPRISE MANAGEMENT, in Business \y V Times every Monday, is must
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  • Page 47 Miscellaneous
    • 328 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 *****800 1900 2000 2100 2200 2300 ffl 16 1 7 19 20 22 22 23 22 20 19 1 6 1 4 1.2 10
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  • Page 48 Advertisements
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