The Business Times, 7 May 1991

Microfilm: NL17494
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Tuesday, May 7, 1991 75*
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  • NEWS SUMMARY
    • Article
      Hun Sen wants observers to witness ceasefire
      66 1 CAMBODIAN Prime Minister Hun Sen has proposed that neutral foreign observers monitor the ceasefire between his government's forces and the Khmer Rouge-led guerilla alliance. Phnom Penh's official SPK news agency said Hun Sen had written to UN Secre-tary-General Javier Perez de Cuellar and
      66 words
    • Article
      Cheung Kong to buy stake in Evergo
      48 1 CHEUNG KONG (Holdings) Ltd has agreed to buy an 8 per cent stake in Evergo International Holdings Co. It has also purchased a note from Evergo worth HK5457.46 million which can be converted into additional Evergo shares at HK52.8 per share.
      48 words
    • Article
      Pet project
      36 1 LOCAL COMPANY Pet Computers Service has joined forces with companies in four other countries to develop portable PCs that are likely to be made in Singapore before the end of the year Page 2
      36 words
    • Article
      KL's top growth sector
      29 1 MANUFACTURING remained the leading growth sector in Malaysia, forming 27 per cent of its GDP last year, downgrading the performance of primary commodities Page 8
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    • Article
      Turning point
      52 1 AMERICA'S recession, now nine months old, reached a turning point of sorts last week. Optimism that it would end soon has given way to doubt, even at the Federal Reserve, which is traditionally the last to admit that a recession might be more severe than was initially predicted.
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    • Article
      Some who believe
      41 1 THE CURRENT protests in South Korea have drawn students into battles with the riot police. But the fact that other South Koreans are not involved is an indication of their belief in the stability of democracy Page 10
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    • Article
      Extremism must go
      22 1 MALAYSIA'S Finance Minister, Anwar Ibrahim, believes that it is time for the Muslim world to abandon extremism. Page II
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    • Article
      Subscribers see red
      29 1 TRADENET subscribers are unhappy over the way the Trade Development Board is making them pay, literally, for errors in their electronicallysubmitted documents. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      51 1 NEW YORK stock prices showed little change in early trading yesterday as concerns lingered about President George Bush's health. The Dow Jones Industrial Average fell 2.14 points in the first halfhour of trading but then turned higher to show a 0.54-point gain at 2,939.40 one hour into the
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    • Article
      DBS Land goes north
      36 1 DBS LAND is joining forces with the Pernas group in an ambitious project to build a township of offices, factories, homes and hotels on a 1,333hectare site in Johor Baru Page 3
      36 words
    • Article
      High rates woes
      25 1 RISING domestic interest rates are driving Philippine companies to the international financial markets to raise funds for their expansion projects Page 4
      25 words
    • Article
      Bourse scandal
      29 1 SCANDAL loomed on the Hongkong stock exchange yesterday as officials feared an ethics blunder could hurt the British colony's image as an international financial centre. Page 7
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    • Article
      Market holidays
      11 1 MARKETS in Japan, Britain and Thailand were closed yesterday.
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    • Article, Illustration
      STOCK INDICES
      28 1 Monday Change BT-MGA 728.02 -11.36 Kuala Lumpur ....579.51 -8.58 Tokyo Gosed Hongkong 3,704.43 -33.45 Sydney 1522.4 +4.6 Friday Change New York 2,938.86 +0.25 London 2,522.7 -8.0
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    • Article
      CURRENCIES
      24 1 Exchange rates US$ SS 1.7730 100 Yen SS 1.2825 MS SS 0.6426 Money marfcet rates Overnight 4 15/16% -1/16 3-month 5 1/16% +2/16
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USSClosed USS Rubber S'pore June 146.25«/kg unch M'sia June... 226.00*/kg unch KL Tin Turnover 73 tonnes +43 Spot MS 15.09/kg -0.05 Crude pahn oil Turnover 628 lots -19 May MS792 /tonne +1
      37 words
  • Article, Illustration
    S'pore govt buys into NZ-based BIL
    627 1 Largest known investment by GIC, Temasek in a foreign company THE Singapore government, in a NZ$7B6 million (SSB2O million) deal, has become a significant shareholder in New Zealand-based Brierley Investments Ltd (BIL). This is the largest publicised investment by the Singapore government in a
    627 words
  • Article
    Investment is unusual and significant move, say analysts
    340 1 ANALYSTS yesterday described the Singapore government's investment in New Zealand-based Brierley Investments (BIL) and its British subsidiary Mount Charlotte as an unusual and very significant move. The research head of a foreign broking firm said the usual practice of the Government of
    340 words
  • Article
    S'pore firms likely to follow govt lead
    180 1 MAJOR DEALS involving Singapore investors are likely to follow the Singapore government's move to take a stake in New Zealand conglomerate Brierley Investments, in the view of the country's Trade Negotiations Minister Philip Burdon. In a statement yesterday to the New Zealand media,
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  • Article, Illustration
    Lock icon Bush to return to work immediately after leaving hospital
    259 1 Reuter DOCTORS treating US President George Bush decided not to give him electric shock treatment to normalise his heartbeat. He was due to leave hospital and return to work later yesterday, the White House announced. White House spokesman Marlin Fitzwater said
    Reuter  -  259 words
  • Article
    Global corporate village mostly a dream: survey
    338 1  -  By Corinne Kerk THE IDEA of a global corpo: rate village where a common culture of management unifies the practice of business around the world is more dream than reality, results of the World Leadership Survey showed. But the survey also proved that
    338 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      131 1 Nikon The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 For market indices, editonal, Commodities 24 Money Market 23 advertising and circulation ex Cryptic Crossword 25 Regional News 8 tensions, call Business Times Editorial 10 Regional Stock Markets Information Service on Financial News 6 Sports 16 730-5155.
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      Page 1 Advertisements Column 2
      3 1 Focus, Pg 13
      3 words
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      Page 1 Advertisements Column 3
      44 1 Nikon The World's Finest Photographic System Cartier Cougar d€> Cartier ky mu/t" ck> Ca/iier Boutique/ SINGAPORE #01-36, Lucky Plaza. 304 Orchard Road. Tel: *****27 #01-04, The Shopping Gallery, Hilton International Singapore, 581, Orchard Road. Tel: *****95 #01-03, Palais Renaissance, 390 Orchard Road. Tel: *****93
      44 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        More opportunities for cross-border crime
        44 2 THE INCREASE in trade and financial dealings among Asean member countries has led to a rise in opportunities for cross-border crime, Professor S Jayakumar, Minister for Home Affairs, said yesterday at the official opening of the eleventh Aseanapol conference.
        44 words
      • Article
        SPH gives $100,000 to Art Fair
        26 2 SINGAPORE Press Holdings has donated $100,000 to this year's Art Fair, which will be held from Aug 2 to 10.
        26 words
      • Article
        Chinese proficiency test
        30 2 THE National University of Singapore will be conducting the Chinese Proficiency Test developed by China's State Education Commission for the first time in Singapore on June 15.
        30 words
      • Article
        Visit by S Korean military chief
        37 2 SOUTH KOREA'S Joint Chiefs of Staff chairman, General Chung Ho-Keun, is in Singapore for a three-day official visit. His visit, which ends today, reflects the cordial ties between the two countries.
        37 words
      • Article
        S'pore, HK in ISDN link-up
        113 2 LOCAL BUSINESSES can look forward to faster communication links with Hongkong with the launching of an ISDN service between Singapore and the British Colony. The Integrated Services Digital Network (ISDN) service to Hongkong was made available on May 1. Singapore already has international ISDN links
        113 words
    • Article
      S'pore firm in 5-nation portable PCs deal
      285 2  -  By Kenneth James LOCAL company Pet Computers Service has joined forces with firms in four other countries to develop portable personal computers that are likely to be produced in Singapore before the end of the year. Pet, which produces the Sherry line of
      285 words
    • Article
      Techno-Soviet '91 exhibitors clinch deals worth $40m
      239 2 DEALS worth $40 million were clinched by the 170 Soviet enterprises at TechnoSoviet '91, a five-day exhibition held in Singapore late last month. The exhibition, organised by the Bureau of Engineering Industry and the USSR Council of Ministers, showcased more than 1,000 products,
      239 words
    • Article, Illustration
      Tenants show their love for Eu
      581 2  -  Posters put up in bid to prevent demolition of building By Elaine Koh and Hong Lee Tiam AT ELEVEN O'CLOCK yesterday morning, posters declaring "I Love Eu" went up at the windows of the fivestorey Eu Court, slated for demolition to make way for
      581 words
    • Article
      Cheng Tong Fatt tipped to be China envoy
      210 2 SINGAPORE'S man in Japan, Cheng Tong Fatt, is expected to be the Republic's first ambassador to China. Mr Cheng, currently visiting China as a member of Deputy Prime Minister Lee Hsien Loong's delegation on a two-week official visit there, is expected to
      210 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      262 2 Going big on small computers. Page 12 I tirart gteS mmm& iRSM^^Hr 1 <^4g^KSß|^ V' -Ife J When you have thousands of people deon you accurate and Jl p 1 &dK'' >Ms|L afford delays. Especially when that informa- the basis for future business fll* VK 9fS mSL\ k s The
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      DBS Land joins Pernas to build JB township
      334 3  -  Ambitious project planned on 1,333-ha site By Elaine Koh DBS LAND is joining forces with the Pernas group in an ambitious project to build a township of offices, factories, homes and hotels on a 1,333-hectare site in Johor Baru. The project is
      334 words
    • Article, Illustration
      Orchard Parade's loans rise as its projects increase
      464 3 UNDER the direction of property maverick Ng Teng the highly illiquid Orchard Parade Holdings (the former Ming Court Hotel) is out bn another borrowing spree. At the end of last year, the listed company's current liabilities had already hit a record $34.6
      464 words
    • Article, Illustration
      Lock icon KL to sell 45pc stake in Perwaja to cover losses
      407 3 Reuter MALAYSIA plans to sell a 45 per cent stake in stateowned Perwaja Steel Sdn Bhd by 1993 to help erase huge accumulated losses, managing director Eric Chia said. "We can go public, or merge with another public company," Mr
      Reuter  -  407 words
    • Article
      Lock icon GFW plans to expand abroad, with focus on Asia
      285 3 AFP AUSTRALIAN food giant Goodman Fielder Wattie, which is selling its 64 per cent stake in locally listed Cold Storage Holdings, has announced a strategic plan to become a leading international group, with a special focus on expanding in Asia. Chief
      AFP  -  285 words
    • Article
      Lock icon Strong debut by Omega Holdings
      114 3 MBT MALAYSIAN stockbroker Omega Holdings Bhd made a fairly good start on the Kuala Lumpur Stock Exchange yesterday despite the soft sentiment, closing at Ms 2 for a premium of 80 sen. With 2.548 million units changing hands, it was the second most active stock
      MBT  -  114 words
    • Article
      HTP Holdings' net earnings up 2.5 times
      330 3  -  By Magdalene Ng JACK CHIA-MPH group member HTP Holdings saw group net profit for the year ended March 31 jump two and a half times to $6.03 million and is rewarding shareholders with a one-for-two bonus on top of a bonus dividend. In
      330 words
    • Article
      Sembawang group in staff exchange deal with China
      150 3  -  From Lilian Ang in BEUING THE SEMBAWANG group has made a headstart in arranging for the exchange of personnel between its Singapore operations and China's aerospace ministry even as broad discussions on areas of cooperation between the two countries are being pursued.
      150 words
    • COMPANY BRIEFS
      • Article
        Southern Bank's profits fall 5pc to M$25m
        66 3 SOUTHERN Bank Bhd has reported a 5 per cent fall in group after-tax profit to M 524.78 million for the year ended T Dec 31, 1990, from M 526.03 million in 1989. The bank hasr recommended a first and final dividend of 12
        66 words
      • Article
        Inch Kenneth profits up 25pc
        49 3 INCH Kenneth Kajang Rubber has posted a 25 per cent rise in net earnings to M 53.93 million for 1990. Turnover, how- 1 ever, slid 39 per cent to M 51.29 million. Pre-tax profit was up 21 per cent to M 54.49 million. f"
        49 words
      • Article
        FELS subsidiary wins contract
        33 3 FAR EAST Levingston Shipbuilding's Texan subsidiary, Am 1 fels Inc, has won a contract to modify and upgrade two.. drilling barges from Atlantic Pacific Marine Corporation of Houma, Louisiana. <
        33 words
      • Article
        Singatronics sets up new unit
        37 3 SINGATRONICS has set up a wholly-owned subsidiary SL Investment whose principal activity is investment holding. f The subsidiary has an authorised capital of $5 million and 4 paid-up capital of $2. 1
        37 words
      • Article
        OCBC stock options
        43 3 WONG NANG JANG, an executive vice-president of OCBC Bank, said he has accepted a stock option offer from the bank > for 34,000 shares at $8.95 each. He has also exercised an option to subscribe for 15,264 shares at $6,529 each.
        43 words
      • Article
        Jurong Shipyard in joint venture
        148 3 JURONG SHIPYARD Ltd has signed a joint venture agreement to process, sell and distribute copper slag for ing of steel surfaces through JPL Industries. In a statement released yesterday, Jurong Shipyard announced that last Jan--23, it entered into a shareholders' agreement with its joint venture
        148 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      205 3 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! 'Complete facilities telex fax, copier word processing, secretarial services conference room, answering service, long snort term lease vou name it! FIRST OF ITS KIND IN SINGAPORE ThePlaceFbr Airfiown Australi^i s Choice of Beef Pork Ribs. Specially Marinated.
      205 words
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  • REGIONAL COMPANY NEWS
    • Article
      Philippine firms tapping world capital markets
      364 4  -  From Al O Labita I in MANILA Rfr>lNG domestic interest rafes are driving Philippine companies to the internaticyial financial markets to ra£e funds for their expansion projects. giants San Miguel Corp (SMC) and Philippine Long Distance T<Jephonc Co (PLDT) both pl*n to tap the
      364 words
    • Article
      Lock icon Cheung Kong, Hutchison slip on warrant issues
      364 4 Reuter SHARE PRICES of Hongkong's blue-chip Cheung Kong (Holdings) Ltd and 40.31 percent-owned Hutchison Whampoa Ltd opened sharply lower in reaction to their warrant issue last Friday, brokers said. Cheung Kong opened 40 HK cents lower at HKSIB.IO a share and Hutchison 20
      Reuter  -  364 words
    • COMPANY BRIEFS
      • Article
        Evergo posts losses despite higher turnover
        108 4 EVERGO International Holdings Co Ltd of Hongkong p<>sted a 1990 net loss of HK513.41 million, or two HK ceiits a share, compared to a profit of HK547.13 million the-year before. It said this was before an extraordinary of HK525.64 million on disposal of its
        108 words
      • Article
        Net loss for HK firm
        66 4 CHINA ENTERTAINMENT and Land Investments Holdings Ltd reported a 1990 net loss of HK586.60 million, or six HK cents a share. In 1989, it posted a net loss of HK561.20 million, or nine HK cents a share (adjusted). The net loss figure is before an
        66 words
      • Article
        Formosa Taffeta's profits fall
        55 4 FORMOSA Taffeta Co Ltd of Taiwan said net income slid 25 per cent to NTS 1.36 billion in 1990 from NTS 1.82 billion the year before. The maker of umbrella frames, plastic hags and other products said turnover rose 8.3 per cent rise to NTS 11.36
        55 words
      • Article
        F Eastern Textile profits plunge
        44 4 FAR EASTERN Textile Ltd's net income tumbled 68- per cent to NTS2.O4 billion in 1990 from NT56.46 billion! the previous year, largely due to stock market losses. Turnover fell 3.4 per cent to NT$ 19.63 billion from NT520.32 billion.
        44 words
      • Article
        Chemicals maker's profits dip
        42 4 TAITA CHEMICAL Co Ltd, a Taiwanese chemical manufacturer, said 1990 net income fell 15 per cent to NTS2OB million from NT$244 million in 1989 on a 9.1 per cent decline in turnover to NT52.49 billion from NT52.74 billion.
        42 words
    • Article
      Lock icon Coles Myer sales rise slightly
      346 4 Reuter AUSTRALIA's largest retailer, Coles Myer Ltd, said its sales in the three months to April 28 rose to A 53.47 billion from A 53.40 billion in the same period a year earlier. In the nine months to April 28, sales rose to AS I
      Reuter  -  346 words
    • Article, Illustration
      Janet Holmes a Court buys back part of hubby's empire
      194 4 AUSTRALIA'S richcst woman, Jarfdt Holmes a Court, has bought back part of her late husband Robert's former billion-dollar business empire. Her family company, Hcytesbury Holdings, said yesterday it had bought Bell Frcightlines from Australian building materials group Boral for an
      194 words
    • Article
      Renault, Nestle receive Thai nod for projects
      198 4 THE Thai chaptcr of the Ascan Committee on Industry, Mining and Energy (Com ime) has approved regional projects for Renault (Thailand) Ltd. Nestle Thai Co and Siam Chemicals Co, I he Nation reported. Renault (Thailand), a unit of the French car maker, sought
      198 words
    • Article
      Lock icon NZ oil firm to launch takeover of Australia's Pan Pacific
      172 4 Reuter NEW ZEALAND Oil and Gas Ltd said it planned to launch a full, scrip-bascd bid for Australia's Pan Pacific NL, of which it owns 49.11 per cent. NZOG will offer one ot its shares for every 10 Pan Pacific
      Reuter  -  172 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      370 4 w mktmmrrn I V f 7H 3jd <i i'H Z I 1 I pL E BHiHHMrri Nowadays, home compaters are really cheap. That is, antil yea America's leading corporate compater manufacturer aid winner of many start pitting together the whale package of featares above. Then, you'd distiaguished awards iadudiag the
      370 words
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      Page 4 Advertisements Column 2
      65 4 O P.T. BANK DANAMON INDONESIA CAYMAN ISLANDS BRANCH U5548,000,000 Negotiable Floating Rate Certificates ot Deposit due 25 June 1993 In accordance with the provision of the Certificates of Deposit, notice is hereby given that the entire U5548,000,000 will be repaid with accrued interest on 25 June 1991. The above issue
      65 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      312 5 ■jVTVA Jl|ll ■<■ I >T|l 4 A J Wn 9 >'il S Jll WH t ■i>»B JUB J k MB > M'mBIB'M ByJk yl gl r M ————B———BiMWW ,oi. Investing in the property market could studying every conceivable aspect. fj EX (if you didn't know better) be compared to Over
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Guinness to sell French luxury food chain
        98 6 BRITISH drinks group Guinness is to sell the French luxury food store chain Hediard, which does business in France and Asia; informed sources said in Paris on Friday. A branch of the fndosuez Bank, which specialises in mergers and acquisiti6hs, will handle the
        98 words
      • Article
        Granada to sell bingo business
        73 6 TELEVISION and leisure group Granada Group pic is on the verge of selling its bingo business to UK brewer Bass pic for t JEISO million, said the Sunday Telegraph newspaper. Tb£ deal comes amid renewed speculation that Granada's executive Derek Lewis will shortly leave the
        73 words
      • Article
        Marriott's income to double
        105 6 MARRIOTT Corp chairman JW Marriott Jr said he agrees with forecasts that the company's net income this year will nfitte than double from its 46 US cents a share level of Mr Marriott cited industry analysts' predictions that company's net income would rise to 95 cents
        105 words
      • Article
        Dart's sales increase 13pc
        57 6 DART Group Corp said sales increased 13 per cent to U*****.8 million from U*****.3 million for the first quarter ended April 30, 1991. Dart said the sales increase mainly reflects the increase in the number of stores and sales of Shopper's Food Warehouse, Crown Books and
        57 words
    • Article
      Lock icon Perrier's profits up 30pc despite benzene scare
      230 6 AFP THE FRENCH Source P6rrier soft drinks group on Friday reported a 30.5 per cent increase in 1990 net consolidated profits to 347 million francs (about S$ 105.6 million), compared with 1989 profits of 266 million francs. But sales of the carbonated table
      AFP  -  230 words
    • Article
      Lock icon RJR Nabisco buying back US$1.8b debt
      475 6 NYT RJR NABISCO Holdings Corp is taking another big step to reduce the cost of history's most expensive leveraged buyout. The company announced on Friday it was buying back more than US$l.B billion (US$3.l9 billion) in high-interest debt for 100 cents on the dollar,
      NYT  -  475 words
    • Article
      Lock icon BASF's sales sagged in first quarter
      258 6 Reuter GERMANY'S largest chemical group BASF AG said sales tapered off somewhat in the 1991 first quarter after having held up well lyThe group said the sharp recessionary breakthrough in North America and continued difficulties in Latin America were contrasted by further volume increases
      Reuter  -  258 words
    • Article
      Lock icon Murdoch-Burda team launches E German daily
      395 6 AFP PRESS magnates Rupert Murdoch and Hubert Burda have teamed up to launch a tabloid aimed at east Germany's readers, who they say are poorly served by Axel Springer's mass-circulation Bild. This past week, Mr Murdoch, an Australian-born American with a worldwide media empire,
      AFP  -  395 words
    • Article
      Lock icon Swiss cement maker Holderbank wants to raise nominal share capital
      185 6 Reuter SWISS cement maker Holderbank Financicre Glarus AG said it was proposing to its shareholders a 49 million Swiss franc increase in nominal share capital as part of its expansion plans. The proceeds would primarily be applied to refinance acquisitions
      Reuter  -  185 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      254 6 g PHILIPS Free n Yourself l| Fan Dictation has never been easier or more efficient than 111 with the Philips Pocket Memo 593, the first of its kind with BB B a voice-activated facility. B Based on the world standard Mini-cassette, the light and compact, ergonomically designed 593 offers a
      254 words
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      Page 6 Advertisements Column 2
      149 6 CONGRATULATIONS!! -g»r® TO K_v m a b¥l MR KWEK LENG JOO DEPUTY MANAGING DIRECTOR CITY DEVELOPMENTS LTD on being conferred May Day Friend Of Labour Award from Farok Majeed Senior Director Rawlinsons Partnership International and Board of Directors of Rawlinsons International Allan Martin Michael Dacombe Harry Haralambous lan Daly John
      149 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Hongkong stock exchange rocked by ethics blunder
      371 7 AFP SCANDAL loomed on the Hongkong stock exchange yesterday as officials feared an ethics blunder could hurt the British colony's image as an international financial centre. At issue is a resolution that was passed without prior notice on April 25 at a meeting
      AFP  -  371 words
    • SMALL CHANGE
      • Article
        Foreign currency assets of Japanese banks fall
        122 7 TOTAL foreign currency assets held by Japanese banks fell 4 per cent in the year ended March to 1.4 trillion yen (5518.5 billion) in the first annual decline in 25 years, a newspaper reported in Tokyo on Sunday. Citing international banking sources, the
        122 words
      • Article
        Zurich Insurance buys stake
        82 7 SWITZERLAND'S Geneva Insurances said a group of its registered shareholders with a majority of its shares had agreed to sell their stake to Zurich Insurance Co. It said Zurich had agreed to buy the registered shares of the group at 17,500 Swiss francs a share and
        82 words
      • Article
        China posts new devaluation
        94 7 CHINA has posted another in a series of tiny devaluations of its currency, the yuan, according to an official foreign exchange notice published on Sunday. As has become routine since the devaluations began last month, the change was not reported but posted in a daily notice
        94 words
      • Article
        Bank denies selling BNZ stake
        89 7 MERCHANT BANK Fay Richwhite denied in Wellington last Friday that it had sold its 26.8 per cent shareholding in the majority government-owned Bank of New Zealand. In response to queries from the New Zealand Stock Exchange, chief executive David Richwhite said rumours that it had
        89 words
    • Article
      Societe Generate and Lodestar Group team up
      318 7 SOCIETE GENERALE, France's largest private sector bank, and The Lodestar Group, a New York-based investment bank, yesterday announced they will set up a partnership specialising in corporate finance advisory work on mergers, acquisitions, divestitures, joint ventures and financial restructuring. Subject to approval of
      318 words
    • Article
      Oiltanking S'pore in bond issue
      219 7 OILTANKING Singapore, a wholly-owned subsidiary of Hamburg-based Oiltanking GmBH, has signed an agreement for its $20 million guaranteed bond issue here. The five-year bonds, issued at par, were arranged and managed by Algemene Bank Nederland. The bonds carry an interest rate of 7Vt per cent
      219 words
    • Article
      Amex Bank appoints new MD
      301 7 AMERICAN EXPRESS Bank Ltd yesterday announced the appointment of Jill M Considine as managing director and chief administrative officer, effective June 3. Ms Considine has been Superintendent of Banks for New York State since May 1985. In a press release, American Express Bank said she
      301 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      38 7 TAMAN PERINDUSTRIAN CEMERLANG FREEHOLD DETACHED FACTORIES IN JOHOR BAHRU. Price from M 51.280.000 onwards I Singapore Sole Marketing Agent: ■>■' Ik 113!iilui I Li]Cj,ii y I I" 11 Collyer Quay. #13-01 The Arcade, KSSiHaiSiSiSBiSSSI£a3 I Singapore 0104. Fax *****31
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      Page 7 Advertisements Column 2
      152 7 "At this resort, there's room to do everything." "I'd rather resort to doing simply nothing." •SUSP W wT^fl Here are creative diversions to keep you occupied for a whole month. No hurry. It seems time stands still here. A Introductory offer paradise of ethnic villages set /j amidst lagoons and
      152 words
  • Page 7 Miscellaneous
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  • THE REGION
    • Article
      Manufacturing is KL's No 1 growth sector
      413 8  -  Export earnings from agriculture fall By David Chew MANUFACTURING remained the leading growth sector in Malaysia, forming 27 per cent of its GDP last year, downgrading the performance of primary commodities, says the authoritative Quarterly Country Risk Report on Malaysia. But the gains
      413 words
    • Article, Illustration
      Lock icon Jakarta seeks nuclear know-how from Seoul
      289 8 AFP INDONESIA is interested in cooperating with South Korea in managing and operating nuclear plants, according to Indonesian Mines and Energy Minister Ginanjar Kartasasmita. "I would like to suggest for us to expand technical cooperation in the field of nuclear power utilisation," Mr Ginanjar
      AFP  -  289 words
    • NOTE BOOK
      • Article
        ADB's US$600,000 grant for Laos' roads
        80 8 THE Asian Development Bank (ADB) has approved a US$6OO,OOO technical assistance grant to improve roads in Laos. The poor state of Laos' roads, which transport 90 per cent of the country's freight and passengers, is a "major impediment" to the creation of a more
        80 words
      • Article
        Viet party congress delegates
        79 8 THE Vietnamese Communist Party's committee in Ho Chi Minh City, the economic capital of Vietnam, has been meeting to elect delegates to the upcoming party congress. Vo Tran Chi, party secretary for the city, said at the regional meeting's opening last Saturday that 492 delegates would
        79 words
      • Article
        Arifin to visit Seoul
        74 8 INDONESIAN Trade Minister Arifin Siregar will visit South Korea from May 12 to promote more Korean investment in Indonesia. Mr Arifin will lead a delegation of businessmen from the Indonesian Chamber of Commerce and Industry. Besides explaining Indonesia's investment policy to South Korean businessmen, Mr Arifin
        74 words
      • Article
        Fiji farmers repeat threat
        61 8 Fiji's sugarcane farmers repeated threats on Sunday to boycott this month's harvest unless the government agrees to raise their share of sales proceeds from last year. The warning from the 23,000-strong National Farmers Union came two days after the government said it would proceed with labour
        61 words
      • Article
        M'sian tin output up
        41 8 MALAYSIA produced 3.011 tonnes of tin concentrates in January, up 14 per cent from 2,640 tonnes in December, the Department of Mines said yesterday. Tin metal content rose 14 per cent to 2,265 tonnes from 1,988 tonnes.
        41 words
    • Article
      Lock icon Keating rules out interest rate cuts
      250 8 AFP AUSTRALIAN Treasurer Paul Keating ruled out interest rate cuts in spite of figures released yesterday that showed Australia had recorded its best trade performance in more than three years. Mr Keating told reporters in Canberra the government's policies were tackling Australia's perennial trade
      AFP  -  250 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      568 8 1J fe Mr Michael Clatterbuck at the Spastic W_ Children's Association of Singapore, one of m the 42 t h.irities supported by the Community Chest of Singapore. e all know what a difference money makes in our lives. At CHASE, money is our business. But, so are people. In 1985,
      568 words
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      Page 8 Advertisements Column 2
      299 8 ROBIN J BIRN Author of "THE EFFECTIVE USE OF MARKET RESEARCH" Managing Director of Strategy, Research Action Ltd on A practical seminar on how to use the techniques of market research for management and marketing decisionmaking. June 27 28,1991 Connaught Room II 111, Level 2, ANA Hotel organised by fills
      299 words
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  • THE WORLD
    • Article
      Lock icon US rate cuts slow to trickle down
      525 9 Consumers and corporations yet to benefit from Fed's move IHT AMERICA'S recession, now nine months old, reached a turning point of sorts last week. Optimism that it would end soon has given way to doubt, even at the Federal Reserve, which is traditionally
      IHT  -  525 words
    • Article
      Lock icon Major to woo voters with more rate cuts
      521 9 Reuter BRITISH Prime Minister John Major is likely to call a general election later in the year after further interest rate cuts to woo back voters to the ruling Conservatives. According to British newspapers, market analysts are saying base rates could be
      Reuter  -  521 words
    • Article, Illustration
      Lock icon Crowd control
      45 9 Reuter picture South African riot police opening fire on residents of Mandela squatter camp outside Bekkersdaal on Sunday during a confrontation between African National Congress supporters and Zulu warriors. At least one person was killed in gunfire from police and troops. Reuter picture
      Reuter picture  -  45 words
    • Article
      Lock icon Development bank outlines reform plan for former East Bloc nations
      334 9 IHT THE NEW international bank for Eastern Europe, moving to quiet criticism that it is insufficiently focused, has unveiled a specific outline of how it proposes to help the former East Bloc progress to democracy and a market economy. Although
      IHT  -  334 words
    • Article
      Lock icon Pakistan gets aid pledge of US$2.3b
      161 9 AFP PAKISTANI Financc Minister Sartaj Aziz said on Sunday a consortium of donors had shown their confidence in his country's economic management by pledging aid of US$2.3 billion (about Ss4 billion) at a recent meeting. Addressing a press conference in Islamabad on his return
      AFP  -  161 words
    • WORLD WATCH
      • Article
        Poland strikes grain, meat deal with USSR
        68 9 POLAND has agreed to sell one million tonnes of grain and 100,000 tonnes of meat to the Soviet Union. "This will not be a credit arrangement," said a Polish spokesman. He declined to give further details. The Soviet Union is suffering a serious
        68 words
      • Article
        Taipei trade surplus falls 65pc
        84 9 TAIWAN'S trade surplus in April fell 65 per cent to US$27O million from a year ago, according to government statistics released on Sunday. Accumulated surplus in the first four months of this year totalled US$l.92 billion, down 26.3 per cent from the same period in
        84 words
      • Article
        Australia-Iraq wheat talks
        95 9 AUSTRALIA, a major supplier of wheat to Iraq before the Gulf War, yesterday said it had opened talks with Baghdad on resuming sales but wanted outstanding debts resolved before agreements could be reached. An Australian negotiating team had met Iraqi officials in the Jordanian capital of Amman,
        95 words
      • Article
        China's farmers get food relief
        74 9 CHINA has given 346 million yuan (about S$ 114.5 million) in cmcrgcncy food relief to farmers whose crops were hit by natural disasters last year. This was in spite of a record grain harvest, which the government said it had difficulty storing. "More than 200
        74 words
      • Article
        Abu Dhabi, Oman up oil prices
        84 9 ABU DHABI has increased its retroactive monthly assessment prices for term crude oil sales for the month of April by 40 to 45 cents a barrel, with Murban at U5517.15 a barrel in April compared with US$ 16.65 in March. According to the Nicosia,
        84 words
      • Article
        Turkish premier to visit Seoul
        73 9 TURKEY'S Prime Minister Yildirim Akbulut will visit Seoul from May 14 to May 16 at the invitation of his South Korean counterpart, Ro Jai-bong. Officials said Mr Akbulut would hold talks with President Roh Tac-woo and Prime Minister Ro on ways to promote cooperation between
        73 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      155 9 PI uni-hall A MITSUBISHI PENCIL CO., LTD. JAPAN What We Have Done \W To Give You These W/ Fine Liners y First we make their metal ball tips i* IM u highly durable to acquire instant rJ fm writing jt fm IM Should any one of them skip or f
      155 words
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      Page 9 Advertisements Column 2
      95 9 The Bottom l.ine, Baek Pg Mandarin Chosen one oHhe top Same day laundry three hotels m Shanghai^ by Nikkei ,1 exhibition facUities GRA M °p N S^f' Al ~ffi~ 5551 Shanghai |C Mandarin ffiffffffr l*l?:*t# shanghai |C' Mandarin. 1225 Nan Jing Xi Lu shanghai *****0 Peoples Republic of China Tel
      95 words
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  • Article
    Tokyo's role in region
    499 10 EDITORIAL JAPANESE Prime Minister Toshiki Kaifu's five-nation Asean swing was significant on several counts, not least because it reiterated the importance Japan places on its relations with the regional grouping. The importance of those close ties could also be said to be reflected in the fact
    499 words
  • WHAT THE OTHERS SAY
    • Article
      A place in the sun
      212 10 IT IS not surprising that Japan should undergo a great deal of soul-searching to find its role in the new international order. It is a new world, and to pretend that the old order can continue is to delude oneself. Japanese Prime Minister Toshiki Kaifu
      212 words
    • Article
      Helping Bangladesh
      134 10 THE PLIGHT of Bangladesh seems to have no end. Following a cyclone which has claimed the lives of more than 100,000, the government of Begun Khaleda Zia has appealed for international aid. Broadly speaking, there are two types of help this nation of 120 million urgently needs relief
      134 words
    • Article
      Japanese contrition
      154 10 JAPANESE Prime Minister Toshiki Kaifu has expressed his "sincere contrition" over Japan's past aggression in the Asia-Pacific region. Mr Kaifu said the younger generation of Japanese will have a better understanding of their past history through education. However, Japan should not just rely on schools to impart such
      154 words
  • REGIONAL VIEWPOINTS
    • Article
      Help smaller companies
      138 10 THE FUNDING resources and credit-risk management capacity of IFC should instead be increased to enable it to promote private enterprises. The International Finance Corporation (IFC), partly because of its good international reputation, can, by lending for or putting equity stakes in a company, bolster the international credibility
      138 words
    • Article
      No second chance
      161 10 LAST MONTH the World Wide Fund for Nature instigated a boycott of Thailand's wildlife exports. The WWF's branch in London even went to the extent of mobilising an international boycott of tourism in Thailand, which it accuses of being a major Asian centre for the illegal trade
      161 words
    • Article
      Public participation
      162 10 WHETHER THE lifting of martial law will open the floodgates for public airing of opinions remains to be seen, but the government and security authorities will also have to adopt an enlightened attitude on protests or demonstrations that arc based on reasonable grounds. The steady liberalisation of the
      162 words
  • Article, Illustration
    Lock icon Firebomb loses out to ballot box
    749 10  -  The current protests in South Korea have drawn students into battles with the riot police. But the fact that other South Koreans are not involved is an indication of their belief in the stability of democracy. John Battenfeld reports John Battenfeld Reuter SOUTH KORtA
    Reuter  -  749 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      254 10 ANNOUNCING 1H THE MULTI USER MAESTRO NAMED milli ARCTOS^jgJi JK^K^ fll 3|bA tiX nitl dni «PT IrTm^B^V. «IhVM *P Sf^B^Hßßr A TOTAL SOLUTION TO YOUR ACCOUNTING NEEDS ARCTOS, named after a constellation with seven stars, is a versatile accounting software consisting of seven modules: Ledger, Debtor, Creditor, Stock, Purchase, Sales,
      254 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Rewards for financial strength and stability
      954 11  -  Wall Street's fast buck mentality is fading as financial advisers focus on the long term, reports Diana Henriques Diana Henriques NYT NOT LONG ago, the Wall Street definition of long-term planning was "deciding what to do after lunch". But lately, the Street's fascination with
      NYT  -  954 words
    • Article, Illustration
      Lock icon The moderate face of Islam
      828 11  -  Malaysia's Finance Minister, Anwar Ibrahim, believes that it is time for the Muslim world to abandon extremism. Michael Richardson reports Michael Richardson IHT IN AN unusually outspoken criticism from within the Islamic community, Anwar the Malaysian Finance Minister, has said that many Muslims around the
      IHT  -  828 words
    • Article, Illustration
      Lock icon Dealing with large countries
      750 11  -  John Vinocur and Michael Richardson interview Malaysia's Finance Minister about recent economic developments John Vinocur and Michael Richardson IHT ARE Japanese com paI I nies in Malaysia and other countries of South-east AsiaTloing enough to transfer technology, promote local managers and support local suppliers? A: There
      IHT  -  750 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      41 11 Delicious fresh Seafood, Steamboat Snd introducing Roll-Your-Own POPIAH (Spring Roll) by the Riverside at the WAREHOUSE CORNER... (famous for its Bak Kut Teh). Convenient Location, Free Parking. For reservations, call 732-9922 Extn: 1558. it i o^ 1 tsyi uil»t«p«l'DL r wtCl**w*«
      41 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Going big on small computers
      600 12  -  Kenneth James and Jean Wee find two local firms doing all right by being different in a grey PC market Kenneth James and Jean Wee GS NG has a pet theory and it's shaping his computer company's future plans in a big way. Mr Ng,
      600 words
    • Article
      Sys-Tech PCs make their mark with eye-catching sales blitz
      361 12 Homegrown System Technologies' own series of personal computers (PCs) is making its mark in the local market, thanks to an eyecatching marketing blitz. Since the launch of its Ranger series last month, Sys-Tech has mounted a fierce $280,000 advertising campaign, appearing
      361 words
    • Article
      Timely development in factory floor monitoring
      713 12  -  TECH UPDATE By Cheong Soo Chin The writer is manager of Sisir Electronics and Computer Applications Division IN TODAY'S highly competitive manufacturing environment, the need for accurate and timely information from the factory floor has become more critical than ever. Only with a complete,
      713 words
    • Article, Illustration
      TECH TAKES
      271 12 INFORMIX Asia-Pacific (Singapore) has appointed Bernard Ho as the regional financial controller for its Asia-Pacific operations. Vice-president Howard Hawthornthwaite said his appointment aids a total operational structure in the Asia-Pacific which will see more transfer of administrative activities to this region. The company is now the Asia-Pacific headquarters
      271 words
    • Article
      Lock icon Japanese firms all set for LCD war
      476 12 Asahi JAPANESE electronics manufacturers are gearing up for a major battle over control of the crucial and possibly lucrative market of liquid crystal displays (LCDs). LCDs are used in a wide range of products, including personal computers and au-dio-video equipment. When improved, they
      Asahi  -  476 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      162 12 B IBJAJ'CJKI 'IJIOJ (TllHllil B I mmmm I I MVS Systems Programming I D Training Programme B Systems Education Centre (SEC) is proud to announce the second intake of H its Systems Programming Training Programme for mainframe users. B PROGRAMME OBJECTIVES SUBSIDY ASSISTANCE To increase the pool of systems programmers
      162 words
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      Page 12 Advertisements Column 2
      99 12 Trn i FOR SALE i H/xcellent Invesment i li V vJpportunity For Investors/ *^4° rft v MWWoao k imOsl I Owner F^v' Occupiers 7/ Vlß^ t I Quality Office Accommcxlation Ist Floor Suitable for Showroom Enbloc or Strata Sale Close to Somerset and Dhoby Ghaut Vacant Possession Possible MRT Station
      99 words
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  • CORPORATE FOCUS
    • Article, Illustration
      BIL's simple aim: just to make money
      830 13  -  In the light of GIC and Temasek's agreement to buy a substantial stake in Mt Charlotte and a smaller stake in BIL, Shoeb Kagda and Diana Oon profile the four parties involved in the deal Shoeb Kagda and Diana Oon FOR ITS reach
      830 words
    • Article
      Mount Charlotte foresees a reasonably profitable year
      662 13 WITH 24 hotels and over 6,000 rooms in London alone, Mount Charlotte Investment (MCI) is the second largest hotel chain in the United Kingdom. The group owns 102 hotels throughout the country. The total value of the company's hotel properties in the UK
      662 words
    • Article
      GIC manages foreign reserves keeping a low profile
      282 13 THE Goverment of Singapore Investment Corporation (GIC) was formed in 1981 to manage Singapore's foreign reserves, which stood at $48.5 billion at the end of last year. It was incorporated with an authorised capital of $2 million, and is headed by Senior
      282 words
    • Article
      Temasek Holdings targets three types of companies for investment
      252 13 TEMASEK Holdings is considered the government's main investment arm. It officially came into being in 1975, when it was established as a commercial enterprise. It had evolved out of a statutory board, the Minister For Finance Incorporated (MFFI), which was set
      252 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      251 13 SIBEX__'9I Now, at the Changi International Exhibition &Convention Centre Singapore Find out what 230 companies from 20 countries can do for your building and construction business. SIBEX '91 the 9th South East Asian International Building Exposition 15th 18th May 1991 The 9th staging of SIBEX at the SIBEX '91 will
      251 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      172 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE 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, OR LIGHT
      172 words
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      Page 14 Advertisements Column 2
      322 14 Vlllllllillll PLUM'S Ulllllllllllllllll Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil*. It's all part of the menu only for Plum's Singaporean High Tea. It's a fun offering. 2.45pm-5.30pm
      322 words
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      Page 14 Advertisements Column 3
      298 14 uXwjk's Spi CAj (wf/ &*A axCet 7 S.E.A. Buffet. May 1 15 Discover the tantalising tastes of our neighbours great cuisine Tuck into a lavish spread of over 20 tempting varieties. Adult: $16 Child: SlO Menu chunfics rcxtil.irh toDlnra PLAZAHOTEL VWiliy •AtHKOtOMfIIMMVITiNC 28BMM 1 < Sichuan Splendour at the 3s2\*U
      298 words
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      Page 14 Advertisements Column 4
      262 14 g J VIVA ESPANA J The Belvedere brings you the savoury-taste of sunny Spain. With over 60 traditional |S&9 favourites, you'll say "Ole" to the most extravagant buffet in town! B I We serve the world to you Jt The Belvedere. B QD f iuwyx'T' k iW in*iwrite#«rm *1 I*l
      262 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      833 14 TELEVISION AND RADIO o 1 A SBCI2 !:U w^«iug. n lr'h!iJan, BUSINESS ON RADIO II MmMm I 1 fJk r M f—* 6.00 Potret Kduarga (M). 7.17 Maghrib Prayer Call. X 7.00 AM CNN International (L). 6.30 The New Adventures of He- 7 2 0 Cable News Network (cont'd). BBC,
      833 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Jog to good health, not an early death
      566 15  -  Even if it was the exercise of the 80s, jogging as a form of exercise may do you more harm than good, says Christopher Michaud Christopher Michaud Reuter EACH morning millions of Americans begin their day with a lengthy run, often in
      Reuter  -  566 words
    • Article, Illustration
      Hemingway and hubby sued
      396 15 CHATTERBOX ACTRESS Mariel Hemingway and her husband, Steve Crisman, are involved in many businesses across the nation, and now they are facing a peril of entrepreneurship. They, and Crisman's brother, Eric, are all being sued for securities fraud. The two men are also being charged with
      396 words
    • Article, Illustration
      Lock icon Archeological find in cave is bone of contention
      495 15  -  John Noble Wilford on a dispute by experts over the findings in a New Mexico excavation John Noble Wilford NYT ARCHEOLOGISTS have discovered bones, charcoal and possible stone artifacts in a New Mexico cave that they say is strong evidence that humans
      NYT  -  495 words
    • Article
      Lock icon Using old-world alchemy to compete with industry masters
      346 15  -  By Lawrence Fisher NYT IN MEDIEVAL times, alchemists used an alembic when they tried to transmute base metals into gold. In France's Cognac region, an alembic is a still that turns an undistinguished wine into the finest brandy in the world. Now,
      NYT  -  346 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      201 15 AND ENTERTAIN Set Your Heart On Our Set Meals. LUNCH: II I BicjßlfllK Vr J.jopm $«>*:.. He V reR ptRS N y J"' Cp; LHNNFR: 6WW TO IC JCPM $I*so. 4N per person The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday,
      201 words
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      Page 15 Advertisements Column 2
      71 15 Optiond Starting from Ist April, Tee Off Cafe will be introducing a new dining experience. 3 /S4 LUNCHEON OPTIONS Salad Bar from $14.00+ DINNER OPTIONS Tai Pai Thong from $4.00+ 4 Full BBQ sets from $22.00+ wQ? gf TEE-OFF CAFE |gj You Don't Have lb Be A Member lb Enjoy
      71 words
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  • SPORTS
    • SIDE LINES
      • Article
        Nancy Lopez wins Sara Lee Classic
        107 16 HALL OF FAMER Nancy Lopez completed a wire-to-wire victory at the U*****,000 (*****,190) Sara Lee Classic golf tournament on Sunday in Nashville to claim her 44th career title on the US LPGA Tour. Lopez, who led by two strokes after the first round and
        107 words
      • Article
        Wounded warriors to the rescue
        135 16 IT TOOK a couple of wounded warriors, Isiah Thomas and Larry Bird, to get the Detroit Pistons and Boston Celtics where they were supposed to be in the second round ot the NBA playoffs. Playing with a covering on his injured wrist and a wrap
        135 words
      • Article
        Agassi beats Wheaton
        72 16 TOP-SEED Andre Agassi defeated David Whcaton 7-6 (7.3), 6-1 to win his third straight AT&T Challenge tennis tournament on Sunday in Roswell, Georgia. Agassi earned US$lOO,OOO, while Whcaton, the sixth seed, took home US$5O,OOO after the three-day round-robin event. "This was some of the best tennis I've
        72 words
      • Article
        John Parrott in the lead
        70 16 .JOHN PARROTT whitewashed Jimmy White 7-0 in the -first session as he built an 11-5 lead on the first day of the world snooker championship final in Sheffield, England, on Sunday. Parrott began in scintillating form. Three of the first seven frames were shutouts as
        70 words
    • Article, Illustration
      Lock icon Rodriguez bags top prize at Las Vegas golf classic
      305 16 UPI CHI CHI RODRIGUEZ fired a 6-under-par 66 on Sunday to chargc to a threeStroke victory over Walter ;Zcmbriski at the U*****,000 Las Vegas Senior Classic. Rodriguez, who started the day one shot behind sec-ond-round leader Gary Player, finished the 54-holc
      UPI  -  305 words
    • Article, Illustration
      Lock icon US champ Pete Sampras a walking billboard for sport and profit
      704 16 Contract endorsements based on his performance hang over his head NYT PETE SAMPRAS is back, and the four corporations with whom he has endorsement contracts arc glad that he is. The 19-year-old US Open champion is in some cases,
      NYT  -  704 words
    • Article
      Lock icon NZ wins second fleet race of World Regatta
      266 16 AP NEW ZEALAND took early control to win the second fleet race of the World Championship Regatta on Sunday in San Diego, finishing ahead of the Italian boats, which finished 1-2 in the opening race. All nine boats, designed under the new
      AP  -  266 words
    • Article, Illustration
      Lock icon Poise and patience pay off for Fabrice Santoro
      517 16 Victory brings France into Davis Cup semifinals AP AT 18, Fabrice Santoro, the 1989 French Open junior champion, has been regarded as France's tennis hope for the future. The future is now. Santoro played like a veteran on Sunday as he gained
      AP  -  517 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      107 16 I CONGRATULATIONS to BANK RAKYAT INDONESIA BOARD OF DIRECTORS on the opening of BANK RAKYAT INDONESIA REPRESENTATIVE OFFICE SINGAPORE IBRINGIN SRIKANDI CORPORATION PTE LTD Import-Export-Leasing-Factoring-Hire Purchase 16 Raffles Quay #38-01 Hong Leong Building, Singapore 0104. Tel: (65) 224-6072 Coming 500n... THE BEST OF AIRTROPOUS-CHANGI AIRPORT: TERMINAL Wf ■IfttiflF' Mi l
      107 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Prices fall across the board as eyes turn to Wall Street
      4900 17  -  By William Chia SHARE PRICES on the Singapore stock market fell across the board on thin volume yesterday as investors fretted over how Wall Street was likely to react last night to US President George Bush's health problems. The
      4,900 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3931 18 Main Board GE Life 1520 40 +2.7% H Ntfgara 430 +30 +7.5% khonjg Guan 260 +20 +8.3% SPH foreign 1260 +10 0.8% Pacific Can 50* 102 +7 +7.4% InnivPacific 112 +6 +5.7% \lcx Hklgs 50* 204 +4 +2.0% Simc'Spore 25* 136 +2 +1.5% C.uthpe GTS
    3,931 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market falls sharply across the board
      4058 19 Bernama SHARE PRICES in Kuala Lumpur closed sharply lower across the board yesterday as the lack of fresh leads kept investors sidelined. The KLSE Composite Index closed 8.58 points lower at 579.51 while the Industrial Index fell 17.39 points to 1,119.70. On the main
      Bernama  -  4,058 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      422 19 a rn „r,M tn v n .,hu SINGAPORE Brought to you by B y S NESS This is an opportunity to meet and hear for the first time in Singapore from Professor Igor Ansoff, the pioneer of strategic management jujk, 3.who is one of the world's most sought-after authorities on
      422 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      273 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Straits Trading May? Dec 90 $35,168(138 281) 11 8(129) 13(13) UIC May 2 Dec 90 $7.041L<$12,950) —(1 6a) 2 25(2 8a) Keppel Corpn Apr 30 Dec 90 M$118.202($82.761) 312(246) 8(7) SNP
      273 words
    • Article
      PRELIMINARY RESULTS
      559 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) Bedford Apr 30 Dec 90 M$19,082($5,266) 1.5(—) lacks Int Apr 30 Jan 91 J2.506L(J1.096) B Rjya Apr 29 Dec 90 M$17,425($U,901) 4 7(3.4) 2(2) Golden Plus H Apr 29 Dec 90
      559 words
    • Article
      INTERIM RESULTS
      225 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (*000) NST Apr 30 Feb 91 MJ43 849( $37.114) 10(10) SPH Apr 26 Feb 91 $110.39tf $84.9//) 8(8) limes Pub Apr 19 Feb 91 $25.132($18.904) 4(4) Antah Hldgs Apr 10 Dec 90 M$18.0/5($14.58/) Kump Emas Apr 5
      225 words
    • Article
      CORPORATE DEVELOPMENTS
      469 20 May 3 Hong Fok Corpn has gone into a 80-20 per cent partnership with Indonesian tycoon Mochtar Riady's lippo group to buy a Hongkong listed property concern, LET Pacific In view of the economic uncertainties in China, construction and property group Lim Kah Ngam is renegotiating the terms
      469 words
    • Article
      DIVIDENDS ANNOUNCED
      1497 20 Current Ex Books Date Total for Total for payment date dose payable the year last year Acma 5%TE Jun 5 Jun 17 Jul 1 10% TE Awno 5%TE Feb 25 Mar 7 May 15 12 5%TE 25%TE BAT 104 8% Apr 15 Apr 26 May 10 1524% 100%
      1,497 words
    • Article
      BONDS, LOANS & WARRANTS
      746 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share Ctt Wt Before 26/4/93 1 warrant plus <309 cash. Causeway Loin Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 ash or 1 warrant plus $0.77 nominal amount of loan stock. Cluan tt<) Notts Chuan H* lit
      746 words
    • Article
      RECORD HIGHS & LOWS
      206 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 tofh: 1320 00 26/4/91) 1991 hifh: 1558 64 (29/4/91) 1991 low: 1022"52 (16/1/91) 1991 low: 1149 08 (16/1/91) 1990 hifh: *****3 (16/7/90) 1990 hifh: 1607.12 (27/3/90) 1990 low: 981.07 (09/11/90) 1990 low: 1079.50 (11/10/90) 1989 hifh: 1322 00 28/12/89) 1989
      206 words
    • Article
      APPROVED ISSUES
      98 20 Company Rights Issue (Xriop Eft Restricted issue of $88 514m nominal value of 10% Convert We Redeemable Unsecured Loan Stock (CULS) 1991/1996 issued on the basis of SI nominal amount of CULS for every 3 ordinary shares of $1 each held at nominal value Ex-date Apr Books dose
      98 words
    • Article
      PROPOSED ISSUES
      510 20 Company Rights Issue Wcom One-for two (a, M$1 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of M$0 10 each at MJ1 per share with 10m detachable TSR on the basis of 1 CRPS 1 with 1 TSR for every 4 CRPS Bolton One for
      510 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      356 20 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 M WORMfILD T A T SECURITY (SOUTH EAST ASIA) PTE LTD Announces that as a result of the company's acquisition by the guardforce group in 1989, the company has changed its name to: SECURITY ENGINEERING Security Engineering Pte Ltd 1 GoldhiU
      356 words
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares lose ground as investors turn cautious
      2005 21 Reuter SHARE PRICES yesterday ended lower in cautious trade, but brokers said losses were not as heavy as expected. "It was a slightly encouraging day," said James Osborn, assistant director at Baring Securities. "A lot of people thought the market would fall further
      Reuter  -  2,005 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      165 21 The Tokyo market was closed yesterday. Trading resumes today. BANKING, FINANCE 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
      165 words
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  • REGIONAL STOCK MARKETS
    • Foreign buyers give Aussie shares a fillip
      • Article
        AUSTRALIA
        780 22 FOREIGN BUYING of leading stocks boosted the Australian share market in afternoon trade in what was otherwise another day of consolidation for the local market. The release of March balance of payments data, which showed a narrowing current account deficit, failed bo move the local market. Australia recorded aAS
        780 words
      • Article
        NEW ZEALANAD
        126 22 A STRONG afternoon performance by Brierley Investments on news that it will 2 <Jebt by selling 30 per cent of British d unit Mount Charlotte Investments took the share market to a new 1991 high at the close. Brokers said the deal had quelled market concern about Brierley's
        126 words
      • Article
        Untitled
        875 22 Bangkok May 3 B*ht VolCOO) AJ Plast 154 -3.00 273 Alucon American Standa 497 37 Aokom Thai 31 149 Asia Credit 139 2.00 1273 Asia Fiber 97 2.00 68 Asia Hotel 78 1.50 63 Asia Sec Trad 63 3432 Ayudhya Ins 311 2.00 303 Ayudhya Invest 124 1.00 465 Ayudhya
        875 words
      • Article
        MANILA
        579 22 SHARES slipped in a market wanting in fresh incentives following last week's deadlock in bilateral talks on the fate of US military bases in the Philippines. The Manila Stock Exchange Composite Index shed 3.98 points to finish at 1,054.70. Brokers said the market appeared well supported above 1,000 points
        579 words
      • Article
        TAIPEI
        489 22 TAIWAN SHARE prices rose in heavy trade and finished above the resistance level of 6,000 points for the first time this year. The weighted index jumped 191.31 points, or 3.2 per cent, to finish at 6,112.09 compared with Saturday's 5.920.78 close. Turnover rose to NT590.57 billion from NTSSI.I billion.
        489 words
      • Article
        SEOUL
        800 22 SEOUL SHARES opened weak on prof-it-taking and continued to fall, closing down in relatively light trade in the absence of fresh news, brokers said. The Composite Stock Index closed at 640.62, down 4.88 points from the previous session. Turnover was thin at 111.57 billion won against 118.40 billion won
        800 words
      • Article
        JAKARTA
        653 22 THE Jakarta stock exchange index crawled up 0.10 points to 407.59 in trade that was limited to exchanges between a few major brokers. Trade was directionless with only the banking sector generally higher. Bank Duta climbed off lows, closing 100 rupiah higher at 2,600 rupiah. Bank Dagang Nasional Indonesia
        653 words
      • Article
        INDICES & TURNOVER
        84 22 INDICES TURNOVER Ooae May 6 PlCflOM SYDNEY All Ordinaries Index Ail Industrials Index All Resources Index Turnover (million) BillA AfAAf 1,522.4 2,362.2 880.8 8263 1,518.4 2,365.3 872.3 74.18 +4.6 -1.8 +8.5 8.45 BArMllivti SET Index Turnover (million baht) Closed 868.00 3,870 JAKARTA Composite Index 407.59 407.48 +0.10 MANILA Composite Index
        84 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        356 22 May 03 Index la local ci day 1 nwcy year :hange year lunge In USS day M change c year World 414.7 0.0 15.8 0.0 13.0 -0.5 10.8 *EAFE 546.3 0.0 16.2 -0.2 10.7 -0.7 8.5 Europe ...431.4 -0.1 18.4 -0.6 5.8 •1.1 3.7 Pacific
        356 words
  • Page 22 Advertisements
Page thumbnail Page 23
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon All eyes on Bush's state of health
      957 23  -  THE S A KAN Cll Sang Kancil believes US dollar will move up again By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio
      Source: TelecTrac  -  957 words
    • Article
      US dollar faces pressure in early Frankfurt trade
      349 23 REPORTS ASIA Tokyo: Closed Singapore: The Singapore dollar closed at 1.7725/35 to the US dollar from 1.7658/68 here last Friday. Kuala Lumpur The US unit closed at M 52.7560/70 and the Singapore dollar at M$ 1.5525/39 yesterday. Jakarta: The US unit was
      349 words
    • Article
      FINANCIAL FUTURES
      1123 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.88 93.89 9188 93.89 730 ***** 3087 Sep 91 93.65 93.66 93.65 93.66 1325 9090 4151 Dec 91 93.16 93.16 93.16 93.16 152 ***** 1425 Mar 92 92.89 92.89 92.88A 92.87 3 5465 638 j un
      1,123 words
    • Article
      INTERBANK FOREX RATES
      393 23 Cross rates May 6 USX S$ MS Dm Yen SFr AS NZS IJSS 1.7750 2.7580 1.7420 138.40 0.5886 1.4700 1.2873 1.7050 SS 0.5634 1.5538 0.9814 0.7797 0.3316 0.8282 0.7253 ***** MS 0.3626 64.36 0.6316 0.5018 0.2134 0.5330 0.4668 0.6182 Dm 0.5741 1.0189 1.5832 79.45 0.3379 0.8439 0.7390
      393 words
    • Article
      MONEY MARKET
      572 23 Interbank rates Bid (iffer Overnight 4 15/16 5 1/16 1-month 5 1/16 5 3/16 2-month 5 1/16 5 VI6 3-month 5 1/16 5 3/16 Overnight mode: 5 liSS Bid Offer 7 days 5 7/8 6 1 month 5 7/8 6 2 months 5 15/16 6 1/16 3 months
      572 words
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  • COMMODITIES
    • Article
      Lock icon Opec oil output down in April
      459 24 UPI DAILY oil output of the Opec cartcl fell 600,000 barrels in April, but the industrialised nations' demand for oil was projected to decline by nearly as much, the International Energy Agency said in Paris last Thursday. Established to monitor world oil production and
      UPI  -  459 words
    • Article
      Lock icon Brazilian coffee traders shrug off ICO meeting
      280 24 Reuter COFFEE TRADERS in Brazil say they have largely discounted the outcome of the International Coffee Organisation's (ICO) executive board meeting, which ended in London last Friday. The two-day meeting ended without any progress towards starting talks on a new coffee pact. Exporters
      Reuter  -  280 words
    • Article
      Lack of buying support sends KL tin lower
      836 24 REPORTS THE PRICE of tin drifled another five sen lower to MS 15.09 per kg on the Kuala Lumpur Tin Market yesterday on lack of buying support. Dealers said the market was easier yesterday in the absence of encouraging leads from overseas,
      836 words
  • Article
    PRICES
    1366 24 Rubber May 6 ■OStfcHn H«) Scents/kg Noon Oose Int I RSS Prompt I44.25/I45.25N I44.2VI45.25N Int I RSS June 91 146 25/146.75 146.25/146 75 Int I RSS July I47.7VI48.25 I47.7VI48.25 Int 2 RSS OP I42 00/I44 00N 142.00/I44 00N Int 3 RSS OP 137.50/139 50N 137.50/139 50N Int 4 RSS
    1,366 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      811 24 BUSINESS TIMES TBLBPHONB: 730-3771/5772/3773 PAX: 734 49»2 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Kor Wei Gang AN in of Na 37M Jervois Road, Singapore 1024, have applied for a Second Class Beer House licence in respect of premises at MA Ming Xiang Lou Restaurant at 13 Sigixp
      811 words
    • Advertisement
      Page 24 Advertisements Column 2
      76 24 What is Asian Stress and how to suppress it STRESS afflicts everyone regardless of age, occupation, nationality. Urban life in Asia generates its own unique set of characteristics that induce stress and all its symptoms loneliness, sleeplessness, hopelessness, inertia. Learn to recognise the onset of stress and control if before
      76 words
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      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1113 25 at, Flight ETA Flight ETD C«y Flight ETA Flight ETD Mi Dhabi GA893 1235 GA974 GA886 0005 0010 Kuala Laaipar MH601 MH640 0120 0805 MH602 SQ102 0700 0730 y M SQ228 2000 QF82 2200 MH630 SQ103 0855 0950 1020 1050 1150 1305 1405 1450 MH604 SQ104
    1,113 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Trying to restore a dethroned king
      623 25  -  POSTCARD FROM SPRUCE HEAD By Dena Kleiman IT WAS more than 100 years ago that Maynard Post first put down lobster traps in the icy waters off this isolated fishing village on the craggy Maine coastline. Both of his sons became lobstermen. So did
      623 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: I-ocaI dollars to one unit of foreign currency Currencies Bid ()flcr Australian dollar 1.376 1.3% Canadian dollar I.S31 I.SSI NZ dollar 1.030 1.065 Sterling pound 3.005 3.025 US dollar 1.7700 1.7800 liOcal dollars to 100 units of foreign currency Austrian schilling 14.30 15.30
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      92 25 Duration Title Venue Organiser Tel May Expocdit-Copia 91 Milan Trade Associa/ionc ********** Fair. Italy Promozionc Most re May 6-9 Offshore Houston Offshore (1)********** Technology Technology Conference Conference May 6-12 International Plovdiv, Foirc Interna- **********6 Consumer Goods Bulgaria tionalc IXExhibition. Plovdiv Machines Technologies for their Production Duration Title
      92 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      42 25 Only Finnair would fly round in circles to London. Every Tuesday and Friday from Singapore to Helsinki and on to London via The Great Circle Route. Get round to calling us today. The number's *****77. We know Europe from start to Finnish.
      42 words
    • Advertisement
      Page 25 Advertisements Column 2
      45 25 y t rody m JJvl/1 SWITCHER ItJ Photographer Bert Stern says Madonna has stolen I an image of Marilyn Monroe that is his. He is thinking of suing Madonna's photographer. Does he have a case? M V From lunch-time f I Monday to Saturday. li&IJlE
      45 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      249 25 P' I I I 1 They upset some scholars 3 jHf about the beginning of MB 10 Loving commotion mm hv jMB "Ijßf 11 Prison for a debt-collector if who has gone wrong (7) 12 Tugs put a squall (4) JIL_ 14 Marine detachment (4) film the 18 Inferior articles
      249 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      213 25 Singapore Outlook.: Showers over many areas from around mid-night, clearing in the early morning Forecast: Maximum temperature 32.1 Assoc humidity 63% Minimum temperature 23.5"C Assoc humidity 94% Hours of sunshine 4.75 Rainfall in mm 7.1 Rainfall this month 64.4 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      23 25 Six noße TtDiouS, Boßimg, IT'S MX DteflM Siy to g0... neu_>su Hours PV.-N g.--\ 8420 A O EVEMNO STANOARO CO. LTD, IM2-IMI V*
      23 words
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  • Article, Illustration
    McDonnell Douglas keen to get S'pore bids for stretched MD-11
    466 26  -  By Harish Mehta HAVING already bagged an order from McDonnell Douglas, Singapore Jamco Pte Ltd has good chances of winning new business, and so do other local and regional aerospace companies. The new sub-contracts are for the stretched, or long-range,
    466 words
  • Article
    S'pore offers a hand in Pudong's growth
    310 26  -  BG Lee's visit to China From Lilian Ang in BEIJING SINGAPORE is keen to cooperate with China in the industrialisation of Shanghai's Pudong region: promoting tourist traffic between the two countries and exchanging professional and technical personnel. This broad three-pronged approach towards closer
    310 words
  • Article
    Lock icon Gorbachev cedes control of Russian mines, issues warning to West
    336 26 Reuter PRESIDENT Mikhail Gorbachev made a deal with his archrival Boris Yeltsin yesterday to cede control of the Russian coal industry in exchange for a measure of political and economic peace. Mr Gorbachev also sought to shore up his shaky
    Reuter  -  336 words
  • Article
    Sales of Glaxo's 3 new drugs to equal Zantac's
    307 26  -  By Genevieve Cua THE THREE new drugs that UK-based pharmaceuticals giant Glaxo will manufacture in Singapore are together expected to generate as much sales as its current cash cow Zantac, the world's bestselling anti-ulcer drug. To date, Zantac has set a
    307 words
  • Article, Illustration
    It ain't over till it's over
    705 26  -  The Bottom Line ALAN BLINDER ALAN BLINDER The writer is an economics professor at Princeton University, US. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill, Inc. All rights reserved. THERE has been much sloppy talk of late about the US recession.
    705 words
  • Article
    Local builders to get $100m worth of contracts
    133 26 ABOUT $100 million worth of contracts will be awarded to local contractors for the construction of Glaxo's new $200 million multi-purpose pharmaceuticals plant in Tuas. Already, design contracts of over £2 million (556.08 million) have been awarded to local consultants. These are
    133 words
  • Article
    Lock icon Arab League takes Coca-Cola out of boycott list
    329 26 Reuter THE Arab League's Boycott of Israel Office has removed Atlanta-based Coca-Cola Co and nine other companies, including three from the US, from the list of organisations it wants people to shun for their dealings with the Jewish state, officials said on
    Reuter  -  329 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      443 26 JIL Baume Mercier GENEVE 1830 21-22 May 1991 Ming Court Kuala Lumpur A 23-24 May 1991 Hilton Singapore 27-28 May 1991 Nikko Hotel Sydney FUNDAMENTALS OF THE WORLD OIL resources and distribution, market penetration MARKET in the Asia-Pacific crudc oil supply, capacity production, supply SUMMING UP CRITICAL ISSUES, prospects in
      443 words
    • Advertisement
      Page 26 Advertisements Column 2
      69 26 Baume Mercier GENEVE 1830 (FOR SALE) good investment opportunities CHOICE PROPERTIES Belgravia Kensington Cheisea Knightsbridge Hampstead Mayfair Holland Park St. John's Wood A one and two bedroom apartments at £130,000 upwards, all in prime areas easily lettable yielding 7-11% p.a. assistance can be arranged for the following Property Financing Maintenance
      69 words
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  • Shipping Times
    • Article
      TradeNet users unhappy about paying for errors
      543 27  -  TDB says document mistakes throw off national trade statistics By Dexter Lee TRADENET subscribers are unhappy over the way the Trade Development Board is making them pay, literally, for errors in their electroni-cally-submitted documents. Disgruntled traders and freight forwarders told BT that the
      543 words
    • Article, Illustration
      Lock icon Bangkok Airways plans new routes to Rangoon
      195 27 AFP THAILAND'S privately owned Bangkok Airways Co is planning to open up new routes between the Thai and Burmese eapitals as well as to Cambodia's Angkor Wat temple eomplex, it was reported in Bangkok yesterday. The airline is to spend 300 million baht
      AFP  -  195 words
    • Article
      Lock icon Thunderstorms hinder relief efforts in Bangladesh
      234 27 AP THUNDERSTORMS hit parts of Bangladesh early yesterday, disrupting relief efforts for the victims of a mighty hurricane that mauled its southeastern coast last week, killing more than 125,000 people. A storm alert was lifted yesterday for sea-going vessels, but remained in effect for
      AP  -  234 words
    • Article
      Lock icon FAA orders removal of collision avoidance systems
      195 27 Reuter THE Federal Aviation Administration (FAA) said in Washington last Friday that it had ordered about one-third of the 700 collision avoidance systems now in use on commercial aircraft in the US removed from service until a computer fault on them can be
      Reuter  -  195 words
    • Article
      Lock icon Japanese trading firms scramble to set up satellite networks
      612 27 Reuter JAPAN'S big trading companies, trying to make the satellite telecommunications industry in Japan the lucrative proposition that it is in the United States, arc scrambling to set up satellite networks. Analysts in Tokyo say the Japanese industry is already about
      Reuter  -  612 words
    • Article, Illustration
      Intraco wins contract to build 100 trailers
      353 27  -  By! Selva Kumar LISTED company Intraco Ltd has won a $7.9 million contract from the Port of Singapore Authority (PSA) to make 100 new high-capacity trailers to carry containers. Designed by Intraco, the purpose-built double-stack trailers will be constructed in Singapore with local
      353 words
    • NEWS SUMMARY
      • Article
        ABS faces a crucial decade
        36 27 PROSPECTS for the American Bureau of Shipping now appear bright after a decade of falling revenues and criticism. But the future still holds many challenges for the classification society Page 2
        36 words
      • Article
        Eva Airways converts options for Boeings
        54 27 EVA AIRWAYS, the airline arm of the Taiwanese giant Evergreen Group, has converted two of its four options for the Boeing Company's long-range aircraft, the 8747-400. The options are part of the fledgling carrier's US$3.B billion plan to build up a core fleet of
        54 words
      • Article
        Mitsubishi to control Diamond-Star
        42 27 COMPANIES allied with Mitsubishi Motors Corp will take full control of Diamond-Star Motors, the joint-venture with Chrysler Corp because the ailing American carmaker cannot put up its share of planned new investment, says a newspaper report Back Page
        42 words
      • Article
        Domestic sales of US, Canadian vehicles fall
        42 27 DOMESTIC SALES of cars and light trucks made in the US and Canada fell 21.4 per cent in late April from a year earlier, deflating the industry's hopes that a rebound was imminent Back Page
        42 words
    • LOG BOOK
      • Article
        Chittagong reopens after cyclone disaster
        100 28 BANGLADESH'S major port partially reopened nearly a week after it was ravaged by a killer cyclone, port officials said yesterday. Two ships including one from China were the first to leave Chittagong port late on Sunday after the harbour and its fceder canal along the
        100 words
      • Article
        Tamil rebels in suicide attack
        81 28 TAMIL REBELS rammed a small boat loaded with explosives into a Sri Lankan navy ship in a suicide attack, killing five sailors, a senior northern military official said in Colombo on Sunday. Five or six navy sailors were injured in the attack, which ripped a
        81 words
      • Article
        ADB approves grant to Laos
        103 28 THE ASIAN Development Bank (ADB) has approved a US$6OO,OOO technical assistance grant to improve roads in Laos, a bank statement said in Manila yesterday. The poor state of Laos' roads, which transport 90 per cent of the country's freight and passengers, is a "major impediment"
        103 words
      • Article
        VW likely to post lower profits
        77 28 SLUGGISH car markets should finally catch up with Volkswagen AG as Europe's largest car maker is expected to report a sharp drop in group net profit for the first 1991 quarter today, analysts said in Bonn last week. Although VW is also expected to
        77 words
      • Article
        GPT, Bulgarian firm tie up
        101 28 TELECOMMUNICATIONS systems supplier GPT Ltd has signed a joint venture deal with Bulgaria's state-run Committee of Posts and Telecommunications and Information (CPTI) to supply a prepay payphone service in the country. Bctkom, as the venture will be known, was launched at a signing ceremony in
        101 words
    • Article
      DAILY FREIGHTS
      659 28 CHARTERING in the dry cargo freight market on Friday was quiet with time-charter fixings again the predominant feature. The Baltic Freight Index was marked down seven points to 1,613 and the US Gulf/Japan grain route was marked down to U5525.13 from U5525.60 amid talk of a lower fixture.
      659 words
    • Article, Illustration
      Lock icon ABS faces a crucial decade
      1185 28  -  Prospects for the American Bureau of Shipping after a decade of falling revenues and criticism now appear bright. But the future still holds many challenges for classification societies, reports John McLaughlin. John McLaughlin Lloyd's List THE 1980s was a difficult decade for the American Bureau
      Lloyd's List  -  1,185 words
    • Article
      TRANSPORT DIARY
      981 28 May 7 (9.00 am to 12.45pm): Seminar on Shipping Pools organised by Merchant Prospect Limited and SC Lim Management Services. Conducted by Mr William Packard, Managing Director of Merchant Prospect Limited. For further information please contact Miss Maria Tan or Miss Amy Lim at tel no: *****88. May
      981 words
    • Article
      THE SHIPPING GUIDE
      11509 36 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
      11,509 words
    • Article
      SHIPPING AGENTS
      3288 41 A Containeriine NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiei Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,288 words
    • Article
      COURIER SERVICES
      248 41 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies Services Tel:
      248 words
    • Article
      AIR FORWARDERS
      1494 41 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. Aerosoeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,494 words
    • Article
      PORT CONDITIONS
      2939 42 ARGENTINA San Loien/o: Port full; 8 vessels berthed loading various commodities, mainly grain by-products; 5 vessels anchored in roads awaiting benhs of which 3 to load by-products, 2 grain. Kosario: Three vessels in port of which 1 loading sugar, I pelletised meal. I grain, 1 vessel berthed in
      2,939 words
    • Article
      AIR FREIGHT SCHEDULE
      475 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op night Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B707F 0150 1 SEL FDX FM22 DCIOF 0335 1 TYE/NRT/ANC JAL JL617 B747F 0345 1 NRT NCA
      475 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      686 42 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers El Aalim (75,524 dwt, built 1983), El Amaan (75,686 dwt, 1983) and Golf Steel (75,485 dwt, 1983), and Gulf Grain (75,485 dwt, 1982): sold en-bloc to a Swiss concern for US$56 million. Pantokrator 54,311 dwt and built
      Reuter; AFP  -  686 words
    • Article
      CRUISE & FERRY SCHEDULES
      275 42 CRUISE FERRY SCHEDULES CRUISE SHIPS An Dep Name of Vessel 1 ETA LIU Ports of Calls Port Ageat MAY 09 09 Ocean Pearl 0700 1800 Bali-Sin-Jakarta Reefer Lines 10 10 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 10 11 Archille Lauro 0800 0800 Bali-Sin-P LouisLN Shipping Durban 14 14 Cora
      275 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        486 43 Vessel Voy No Berth Armri Departure Vessel Voy No Berth Arrival Departs Keppd Wharves Cora Pass 025 (P) K29 alongside 0605/1800 Frotasantos 59EB K32 06.05/1100 Green Pine 9107 CIO ak>r«SKJe 07 05/0630 Kota Petani E894 K31 0805/0600 Trans Ha* 266A Kll 07 05/1200 La 2A K34 08.05/0700
        486 words
      • Article
        CONTAINER SCHEDULE
        1198 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Book ng/Balance RsJts Ship Voy No Etb/Btr Period From To From ACX Lily 10B 07/2300 1 06/1500 06/1659 06/1900 ACX Lotus 12A 08/1100 1 06/1500 06/1659 06/1900 3 07/0/00 07/1159 07/1400 4 07/1200 07/1459 07/1700 Anson *****N 07/2359 2
        1,198 words
      • Article
        IN MALAYSIAN PORTS
        212 43 Penang Port Berth in Butterworth on May 7: 1: Kai Heng; 2: Peteo Iso, Myoma Ywa; 3: Million 4: mi; 5: Swadaya. 6: Equator Pride. Penan| Wharf: NB Cipta Raya; CB: Victory; SB: Sea Princess. BCT: Bl: Fayrouz IV; Bfl: Xm Hua 9; l/B: ml. VOIP: nil.
        212 words
    • Article, Illustration
      Eva Airways converts options for Boeing B747s
      347 44  -  By Dexter Lee EVA AIRWAYS, the airline arm of the Taiwanese giant Evergreen Group, has converted two of its four options for the Boeing Company's popular long-range aircraft, the 8747-400. The options are part of the fledgling carrier's US$3.B billion (556.7 billion) plan
      347 words
    • Article, Illustration
      Lock icon Mitsubishi to take full control of Diamond-Star: report
      375 44 AP COMPANIES allied with Mitsubishi Motors Corp will take full control of DiamondStar Motors, the joint-ven-ture with Chrysler Corp because the ailing American carmaker cannot put up its share of planned new investment, according to a Japanese newspaper report. Previous newspaper reports
      AP  -  375 words
    • Article
      Lock icon Domestic sales of US, Canadian vehicles fall
      462 44 NYT DOMESTIC SALES of cars and light trucks made in the US and Canada fell 21.4 per cent in late April from a year earlier, deflating the industry's hopes that a rebound was imminent. The dismal results represent a serious blow to the
      NYT  -  462 words
    • Article
      Lock icon Telmex fined US$68m for rotten service
      229 44 UPI MOST VISITORS to Mexico have heard about the country's unsafe water. But its unreliable phone system is the stuff of legend among tourists and business travellers. Last week, Telefonos de Mexico, or Telmex, was fined US$6B million (Ssl 19 million) for unfair billing,
      UPI  -  229 words
    • Article
      Lock icon Soviet insolvency threatens Polish shipyard
      181 44 Reuter ONE OF Poland's major shipyards faces a bleak future because of the Soviet Union's failure to take delivery of ships it had commissioned in better times. The Adolf Warski yard in the north-west-ern port of Szczecin is losing one billion zloties (S$ 185,000) a
      Reuter  -  181 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      294 27 Sswtf HBK METAI CO PTE LTD tJ, ruA3 Ave 14 SINGAPORE J2«i TELE* R3 WSWSHMCPi. TEL: Ml 5653 |SMt| miFAI.Hi 2M« F n ,o inUAcanrcm Tflrqw uwxroar Malaysia Coov«tof IUAILAMB, MOOTS IA OtaMi LPO pmuffm 'imTeLwt HHP •Col*wHM«mW9Ult tviiar**** W««houw Tn«di* SIMMi C*MM«| P«*t> TfUC>» aim buy. M». r«nM '*>•»
      294 words
    • Advertisement
      Page 27 Advertisements Column 2
      52 27 A* FOf warders 15 Air Fraght Schedule 16 Container Schedule 17 Courier Servees 15 Cruise Ferry Schedules 16 Darfy Freights 2 Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shaping Guide 10.11 Shipsales/Tanker Rates 16 Shps in Port 17 Singapore Tides 17 Transport Diary 2 Weather and Sea
      52 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      95 28 lIS HP ■> H > IHW H^E.l Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. yournwney'* We informed re,UrnS 0 Essential information accessible every business day through Business Times. In the same way a surgeon needs his tools to H
      95 words
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      Page 29 Advertisements Column 1
      2407 29 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint. Singapore 0208 t AlllF# ret 22iaou telex no rs ***** ■f ■ffRTIW TERMINAL,'CFS Tel *****18 220 ;lw rßflaufl'l bookings th *****34 -2» L \fffM M PESAKA JARDINE shipping AGENCIES SON BHD PORT KELANG TEL *****18 NO MA*****/MA***** PENANG TEL *****4 TELEX
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      Page 29 Advertisements Column 2
      881 29 INDEX TOWWRTjKRS W I'hrc Col I A I' M ABC Containerline 12 I Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 Mac-Pac Freight 9 4/5 Albatros Sea-Air 14 3 Macoline 9 4/5 Allied-Link 16 4/5 MaerskLine 3 4/5 APL 5 3-5 MISC 14 1-3 APC Line 13 5 M'sia Shpg
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      Page 29 Advertisements Column 3
      1979 29 (■OCQUHasza TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/SOUTHAMPTON 17 DAYS' ETA WEEKLY THURSDAY AND SATURDAY SINGAPORE/ANTWERP 17 DAYS I Vessel Voy ETA ETP "Port 'Penang Singapore Kelang DESTINATIONS j 0 ti This week Lrndoe M«ersh 9106 Feeder by L 14/5 0600 MRS M Pinto VHNMNMtfHMBMMBiHHiIIIifIHiMRMIiMfIHfIPMBHiIIiIBHH CFS 13/5 ?359 HRS OAK
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      1197 30 IrotteoaiJ VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SfiSR HONGKONG EXPRESS 01/118 11/5 1/6 30/5 29/5 PJTJIJ KAGA 18/318 12/5 29/5 31/5 3/6 4/6 ■>> KURAMA 10/119 16/5 6/6 4/6 3/6 L All WESTBOUND P. FRANKFURT EXPRESS 56/319 19/5 5/6 7/6 10/6 11/6 KCUWS 4 PCJIANG CARGO TOKIO EXPRESS
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      Page 30 Advertisements Column 2
      615 30 I^gEEJV DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I SLA FLOREANA 2208E 26/5 10/6 12/6 18/6 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN KJO ANF VAP CLX SAI (PERU) ISLA FLOREANA 2208E 26/5 1/7 2/7 5/7 7/7 ft/7 Agents .•Iff. SINGAPORE:
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      Page 30 Advertisements Column 3
      1453 30 raEmmmsM£L m&xm. REGULAR INDEPENDENT FULL CONTAINER SERVICE W£STB6UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PEARL 9110-3 14/05 03/06 04/06 06/06 09/06 10/06 11/06 12/06 13/06 J NORASIA PRINCESS 9111-3 24/05 12/06 14/06 17/06 18/06 19/06 20/06 21/06
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      Page 31 Advertisements Column 1
      1983 31 jgSteamers Maritime Holdings Ltd P&O 1 M STRAITS SHIPPING Containers »oy No Pen/ pfcl I S pore Al| Sou Ant «M Hbc ACCEPTS DUE SAILS LADS MAERSK 9106 04d5 0605 0805 23/06 2605 2/(05 29,05 CARGO TOMO BAY 0520 0405 0605 1205 2805 3005 01/06 BINTANG SERIA VO4E Bint. Mm.
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      Page 31 Advertisements Column 2
      2123 31 TO: U.S.A./PANAMA FM: U.S.A./PANAMA V OAK ica CHI FM SAV NO* NYC NYC NO* SAv CRi LCI OAK IP CHOYANG SUCCESS EF 111 11/5 V* 7* IV* 21/4 22/4 21/4 2» CHOYANG FRONTIER Mil] 1713 »3 H/l V 4 14/4 IS* 12/5 GERMAN SENATOR EF 111 11/5 12* 14/4 21*
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      Page 31 Advertisements Column 3
      391 31 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR YOKOHAMA ASEAN TRADER VlO ETA SPORE 11/5/91 ETA KUANTAN 13/5/91 LOADING FOR SENBOKU/NAGOYA/ YOKOHAMA COSMIC PIONEER Vl3 ETA SPORE 16/5/91 COSMIC TRADER VlB 1 ETA SPORE 26/5/91 4 LOADING FOR BANGKOK M.V. TRONO V 76 ETA SPORE 13/5/91 ETA BANGKOK 16/5/91 j NOTE ALSO
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      660 32 Mill! CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL/VOY I S PORE ROAM AOAM H BURG BREMEN ANTWERP KUTAI22WB 10/5 14/6 20/6 25/6 30(6 MATARAM/29N8 MV6 14/7 21/7 26/7 29/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subject to Inducement. Also accepting cargo lo Casablanca. Port Said, Port Alexandria. Genoa.
      660 words
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      Page 32 Advertisements Column 2
      922 32 zSk HANJIN SHIPPING SIN LINE HAUL LAX OAK S pore LEH RTM ANR HAM BRV EEL IhANJIN SEATTLE 01IE U/S DIRECT »/S 1/6 HANJIN FELIXSTOWE 00/W 7/5 74 5 75/5 76,5 76/5 2//5 78/5 BHANJIN HAMBURG 006E 19/5 DIRECT 10/6 12/6 HANJIN CHEJU 070* 14/5 5/6 6/6 4/6 2/6 IHANJIN
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      Page 32 Advertisements Column 3
      1276 32 dSdljd; H; dd<A Ir Ainiv ac ncn Tc C "J£ 2? MKT OSK NCY TYO LA* CM BAL NYC LHV ANW ROM THP MBC PSO CMB PKL SGP I E LOADING RE 069 Ift 10ft Uft 15/5 12/5 20ft 22/5 24/5 25/5 26/S 27ft 7ft 19/6 21/6 23/6 2/7 1/7
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      2007 33 r NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) L JF BOOKINGS NEPTUNE LINK TEL: *****00 .v UK/EUROPE SERVICE-*****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT. *****44/*****14 J CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 63S NEPUNE SDN BHD MALAYSIA K
      2,007 words
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      Page 33 Advertisements Column 2
      1039 33 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) FULL CONTAINERSHIP SERVICES DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND TRANSHIPPED AT ROTTERDAM vtsstLS vor |sm |mia hkc vor [sin
      1,039 words
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      1450 34 K" <Y V- ft AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) mm TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I W 1 IVI M MALAYSIA: *K' UNE MARITIME (MALAYSIA) SDN BHD 1 FV TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD. INDONESIA: P.T.
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      Page 34 Advertisements Column 2
      1198 34 PHILI-ORI€NT 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 HJfcajj W WE TAKE 0N THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Byri^ii >| T,ni I^WV^ontrSCTTTAW^OBNTS^^^^ VANCOUVER, S'WESTERN ONTARIO. 11 MAY
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      1617 35 aSßS;i#fl PACIFIC INTERNATIONAL LINES (PTE) LTD R mtttK P' l Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA l I raHBKQK 1 "SlUp.OO.ess S Sis ;S| BUNGA TERATAI 193 13/5 16/5 19/5 WGVNUITY I"***"1"***" 132N 11/5 14/5 18/5 EDEN 191 14/5 16/5 21/5 KOTA PANJANG 9113 12/5 15/5 19/5 EQUATOR
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      Page 35 Advertisements Column 2
      1081 35 BENUNE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Delft f 138 9/5 26/5 27/5 29/5 30/5 Nedlloyd Houtman* 136 9/5 31/5
      1,081 words
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      Page 35 Advertisements Column 3
      533 35 Mgk MYANMA pttk HVE STAR UWE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PATHEIN VIUW 15/18 May _T^ iaj> THI BANK lIMt (A service of Andrew Weir Shipping) \T SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I BUNKER SURCHARGE CONTR USD
      533 words
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      700 38 TO AUSTRALIA/NEW ZEALAND VSI sin Frem Melb Syd lAuck |NPE |p CHAIM ELLEN HUOIG P0 21/S 2fcs 7*5 it M BRUSSEL 271 »5 iii lot 7*4 m ?W 21i» C VEROLME 272 U/i ~M~* 246 3/7 fcT •NTWERPEN 273 IM, 3/7 i/7 U7 I*7 21?7 21/7 TO USA/CANADA VSL Singapo/e
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      Page 38 Advertisements Column 2
      955 38 EXPORTS TO HONGKONG, TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKI PNG IKT SIN HKG KAO KEE TYO SM2 NGO KOB~|| VESSEL VOY I SIN PKL PNG BLW SIN ACX ROSE 13 11 5 *4.5 10 5 17 5 21.5 22 5 23 5 ICEBIRD 4A 8
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      Page 38 Advertisements Column 3
      231 38 TRI-CEL FREIGHT SERVICES PTE LTD 28A, Tanjong Pagar Road Tel: *****51 (4 Lines) Fax: *****08 Tlx: RS ***** Contr Vessel SIN Loading for F.X. SHAN 9/5 Limassol, Mersin Alexandria, Tripoli/Lebanon Beirut, Lattakia, Piraeus Z. SHAN 10/6 Lagos, Matadi A. VSL 11/5 Madras EXPRESS CONVENTIONAL SERVICE Vessel SIN Loading for A.
      231 words
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      Page 38 Advertisements Column 4
      1518 38 fite t WWWWWITz\ H CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE tel 2. MISTRI ROAD, HMC BUILDING rav #15 00. SINGAPORE 0207 rAßirrn?TAßi inf CR NO: **********0 M CABLE COSTARLINE General Agents:COOTARMWNOPTE TO HONGKONG AND CHINA HONG KONG AND CHINA VESSEL,VOY SCP HKC SHA XIN HPU DAI QIN VESSEL/VOY
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      Page 39 Advertisements Column 1
      1044 39 WC CONVENTIONAL MIVICI v s PHI PNC P C Loading (or A VCSSEL 28/04 Rotterdam Antwerp CHINA fULI. CONTAINEH MKVICK Vessel SCP PKL BKK HKG QIN SHA YANCF ANCKOU 1« 01(5 29/4 07/5 12/5 IS/5 YANGFANGKOU 151 01/6 29/5 V/t 12/6 16/6 Also accepting other chines* ports »n HKG AUtTKAIiA
      1,044 words
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      Page 39 Advertisements Column 2
      335 39 MARINE A6ENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) InfA ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) acce'ptTng'fcl and conventional VESSEL IVOY ETA ItOAOING FOR SPORE ABBAY WOUZ 28WB 30/05 DARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA NE rSANE T 21WB 10/06 DARESSALAAM
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      Page 39 Advertisements Column 3
      584 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA STORE TORT KELANG PENANC BLUE JADE 25/5 Loading for Male IRUVAI HUDHU 25/5 loading lor Calcutta DOLPHIN 12/5 11/5 Loading For Feliwaru PIONEER SUPREME 5/5 Loading For Male j DONAKULHI 20/5 Loaded For Feliwaru PROGRESS LIBERTY Sailed Loading tor
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      Page 39 Advertisements Column 4
      794 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S TORE SYD MEL VESSEL VOY SINGAPORE BANGKOK f PIYA BHUM 0704 14 15/5 27 29/5 31 2/6 iIRA BHUM 12N Wed l/S Sat 11/5 PIANETA 0849 3-4/6 16 11/6 20 22/6 MAHA BHUM# %H Wed 1/5 Sat liftPIYA BHUM 0905 14/6 27/6 1/7 BENJA BHUM
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      Page 40 Advertisements Column 1
      1434 40 A. A "AC-NELS SINGAPORE 1 EXPORT TEL: *****22 IMPORT TEL: *****02 |1 PENANG TEL (04) *****6 KK iTEL (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL: (03) *****77, KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I f\~/\"V"| J BAHR U TEL: (07) *****2 SIBU TEL (084) *****2 SARIKEI
      1,434 words
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      Page 40 Advertisements Column 2
      386 40 IrTfc. BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH I'ORT CHALMERS ACCEPTING FCL LCI. FOR AUCKLAND, NAPIKR, WELLINGTON. BLUFF, CHRISTCHURCH, DUNKDIN, LYTTELTON, INVKRCARGIL, FIJI AND TAHITI SIN N PLY AUCK LYT PROSPECT 12S 12 May 1« May Via NPI 20
      386 words
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      Page 40 Advertisements Column 3
      1001 40 /2SI THONG SOON LINES PTE. LTD. I 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor 1 ETA IPEST
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      215 43 BANKING, FINANCE AND INSURANCE 1991 A Business Times Special Supplement The theme for t.hta 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
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      305 43 TIDES AND WEATHER TODAYS TIDES (height in metres) HOIK 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 ******************** *****100 1900 2000 2100 2200 2300 JR 1.7 Z1 2.4 16 2.6 2.5 2.2 1.8 1.5 1.2 1.0 0.9 09 1.0 1.2 1.4 1.6 1.8 1.8 1.8 16 1.5
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      Page 44 Advertisements Column 1
      754 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBQUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKE JHR SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL MING CHUN 124 OS/OS 06/05 08/05 H. PIONEER 40C 03/06 06/06 09/06 GOLDEN GATE BRIDGE
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      Page 44 Advertisements Column 2
      552 44 CHARTPOINT Every Saturday in Business Times Feeder from Voy PMC PKL Mother Vessel Voy SIM LAX OAK HOU OAL CHI/ MOR M£M MYC OUR USA I am bhom vWW */s auigator victory TttsT m ~"i?" ~W~W *tt HT v* at ~t/*" SERVICE CALLS AM BHUN V MSN Hfi ALLIGATOR HOPI
      552 words