The Business Times, 23 May 1991

Microfilm: NL17495
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Thursday, May 23, 1991 75*
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  • NEWS SUMMARY
    • Article
      Malaysian Cabinet approves draft economic plan
      57 1 KUALA LUMPUR Malaysia's Cabinet yesterday approved a draft replacement plan for the controversial New Economic Policy, which favours ethnic Malays and indigenous people termed bumiputras. The new plan, which would run for 10 years, would be presented in parliament in June, Prime Minister Mahathir
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    • Article
      Rotterdam port paralysed by strike
      39 1 ROTTERDAM All general cargo and container traffic in the world's busiest port, Rotterdam, ground to a halt as a strike which began yesterday morning spread to the biggest container operator, a union spokesman said.
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    • Article
      Talks on new channels
      23 1 TALKS on SBC's three subscription channels to be launched early next year will continue with various groups Page 2
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    • Article
      Copyright suit
      17 1 LOCAL computer hardware dealer Bitwise Technology faces a suit for alleged copyright infringement Page 2
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    • Article
      Invest or else
      25 1 EUROPE needs to invest US$lOO billion in its electronics industry over 10 years or become an industrial colony of Japan Page 8
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    • Article
      Pact with West
      22 1 SOVIET PRESIDENT Mikhail Gorbachev is closer to concluding an economic accord with the world's major industrial powers Page 9
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    • Article
      Few ripples
      25 1 A BILATERAL trade agreement between the US and Mexico is not expected to have a considerable impact on US economic activity Page 9
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    • Article
      Good morning, S'pore
      24 1 THE BIG FOUR fast-food chain in Singapore are serving various breakfast menus to cash in on the lucrative market Page 12
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    • Article
      Still protesting
      17 1 808 DYLAN, who inspired a whole generation in the *****, turns 50 tomorrow. Page 17
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    • Article
      Still on course
      34 1 IN SPITE OF its lower profitability in the last financial year, SIA is still sticking to its objective of maintaining one of the world's youngest airline fleets Shipping Times Pg 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      32 1 PRICES on Wall Street dipped in early trading yesterday, with the Dow Jones index of 30 leading industrials off 7.38 points to 2,898.70 in the first 90 minutes of trading.
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    • Article
      Footsie lower
      25 1 LONDON SHARES were down at midday yesterday. At about 1115 GMT, the Financial Times-Stock Exchange 100-share index was down 8.6 points at 2,474.1.
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    • Article
      You're welcome
      28 1 KLSE executive chairman Nik Din has assured Singapore brokers and investors that it welcomes their participation in the development of the Malaysian stock market Page 3
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    • Article
      Indonesian link
      16 1 SINGAPORE Technologies will join forces with the influential Soeryadjaya family of Indonesia Page 3
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    • Article
      Metro sells subsidiary
      13 1 METRO HOLDINGS has sold Metrobilt Construction for $200,000 Page 3
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    • Article
      New recipe
      19 1 PHILIPPINE food giant RFM Corp has signed a joint venture agreement with Indonesia's Salim Group Page 4
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    • Article
      Going west
      12 1 MORE Indonesian banks are opening up in California Page 7
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 738.50 +4.13 Kuala Lumpur ....592.76 +8.56 Tokyo 25,398.66 -82.55 Hongkong 3,826.62 -3.26 Sydney 1,541.4 +5.4 Tuesday Change New York 2,906 08 +13.86 London 2,474.1 +8.6
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7700 100 Yen SS 1.2873 MS SS 0.6419 Money market rates Overnight 5 unch 3-month 5-3/16% +1/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS356.75 unch Rubber S'pore June 146.00*/kg +0.25 M'sia June 225.50*/kg unch KL Tin Turnover 30 tonnes +10 Spot MS 15.42/kg -0.07 Crude palm oil Turnover 886 lots -416 June MS770/tonne -8
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  • Article, Illustration
    Lock icon Rajiv's widow elected president of Congress party
    639 1 Agencies NEW DELHI India went into mourning yesterday for Rajiv Gandhi, the front-run-ner who was assassinated in the home stretch of the vio-lence-racked Indian general election. The killing sparked off violent protests across parts of India, which is already seething with Hindu-Muslim tension.
    Agencies  -  639 words
  • Article, Illustration
    Quayle reasserts US leadership role in region
    468 1  -  Success of Uruguay Round a top trade priority By Kenneth James SAYING the successful conclusion of the Uruguay Round of multilateral trade talks is the United States' top trade priority, Vice-President Dan Quayle yesterday reaffirmed American commitment to leadership in the Asia-Pacific and
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  • Article
    BG Lee welcomes trade and investment talks with US
    306 1 DEPUTY Prime Minister Lee Hsien Loong yesterday hailed planned trade and investment talks with the US as a positive step in Singa-pore-US economic relations. He was commenting on US Vice-President Dan Quayle's announcement that the two countries would begin talks next
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  • Article
    Lock icon Dealers may tap into Globex as early as this year
    228 1 UPI TOKYO Dealers may have access to Globex, the world's first global automated trading system for futures and options, as early as this year, representatives of the Chicago Mercantile Exchange and the Chicago Board of Trade said yesterday. The new
    UPI  -  228 words
  • Article
    Philips S'pore to get its first local head
    286 1  -  By Michelle Low FOR the first time since its inception 40 years ago, Dutch-based consumer electronics giant Philips Singapore is putting a local at its helm. Aug 15 marks the milestone, when director Victor H K Loh will take over from Bonno
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      263 1 Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone *****33 Kuala Lumper: Phone. 757 0233 Pstiaog: Phone. 615 985/*****4 Jakarta: Phone. 374 085/380 1472 Aircraft Schedule 27 Money Market 25 World News S. 9 Commodities 26 Regional Co News 4 CiWWWfll 27 Regional News Fof market indices,
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      Page 1 Advertisements Column 2
      178 1 Editorial; Obituary: Mr Clean in a dirty profession, Pg 10 A democrat is dead. I>ong live democracy; No shortage of leaders-in-waiting; Nehru dynasty grip on power ends, Pg 11 Quayle emphasises endorsement of A pec PECC creates associate membership, Back Page I Jf* I W Ei' /HBShl l 9 iBR-
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      Page 1 Advertisements Column 3
      33 1 Rodenstoch v* r f dpp BT Investment Race: Contest No 2 TURN to Page 17 for the 4th Money Coupon that you need to cut out to join the BT $100,000 investment challenge.
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Record first-day crowd at duty-free fair
        75 2 THE Asia-Pacific Duty-Free Conference and Exhibition, which opened on Tuesday, drew a record crowd of 1,600 50 per cent more than the first-day attendance last year. About 54 per cent of those who registered were from overseas, including about 60 delegates from Japan. The
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      • Article
        New council to guide CCCs, RCs
        73 2 THE government has set up a National Community Organisations Council to serve as a parent body for citizen's consultative committees (CCCs) and residents' committees (RCs). The new council will chart directions for CCCs and RCs and provide strategic inputs on their development at the
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      • Article
        Chinese minister calls on PM
        62 2 VISITING Chinese State Councillor and Finance Minister Wang Binggian called on Prime Minister Goh Chok Tong at the Istana yesterday. Mr Wang is here on a five-day official visit which aims to promote good relations between Singapore and China. Mr Wang, who leads a nine-member
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      • Article
        Singapore Poly to expand
        67 2 SINGAPORE Polytechnic is spending almost $23 million over the next couple of years on its fourth phase of expansion. The polytechnic will also increase its student intake by 570 to 11,400. Its principal, Khoo Kay Chai, disclosed this to members of the Government Parliamentary Committee for
        67 words
    • Article
      Callzone service to be ready in third quarter
      180 2 AFTER a successful technical trial, which began in January, Singapore Telecom's new Callzone service will be ready for commercial use in the "thh-d quarter of this year". The $34 million Common Air Interface System for second generation cordless or CT2 phones allows
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    • Article
      Talks on SBC's subscription channels continue
      361 2  -  By Claire Leow THE Singapore Broadcasting Corporation's three subscription channels to be launched early next year will offer sports and entertainment, news, and movies. A subsidiary company will be set up next month to oversee SBC's new activities, the corporation's general manager, Moses Lee,
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    • Article
      Ontario mission seeks ties with food industry
      300 2 FRESH from its promotion of Canada's light industry here earlier this month, the Ontario government officials are back again, this time with a food service mission to touch base with their counterparts in Singapore. The Ontario Ministry of Trade, Industry and Technology is
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    • Article
      Computer dealer faces lawsuit
      178 2 FOUR member companies of anti-software piracy group Business Software Alliance have filed a lawsuit against a local computer hardware dealer for alleged copyright infringement of their software programs. Legal action is being taken against Bitwise Technology, the marketing and sales company for KT Technology, which manufactures
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    • Article, Illustration
      Builders urged to use alternative materials
      281 2 FACED with tight supply of traditional building materials, the local construction industry should explore and experiment with alternative construction materials such as steel and aluminium, said National Development Minister S Dhanabalan yesterday. Speaking at the opening of the International Conference on Steel and Aluminium
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    • Article
      Chilean team seeks local investors
      256 2 CHILE is on the look-out for investors from Singapore to expand its global trade and to gain a gateway to the Asia Pacific market. A delegation, led by Augusto Aninat, general director of International Affairs, was here yesterday to promote Chile to local manufacturers. Mr
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      131 2 t: 4£- -1 5H Every r I speaks exceptional, Jfl advanced exclusive i exciting refinement in equipment and finish. Peugeot's new top of the range luxury saloon speaks the man behind mC(P its wheels. His desire for his jjgEm^ own well being and that of ]K H |P®^J® 1 f
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      KLSE welcomes S'pore brokers' participation: Nik Din
      583 3  -  From William Chia in KUALA LUMPUR KUALA LUMPUR Stock Exchange executive chairman Nik Din has assured Singapore brokers and investors that it wants them to participate in the Malaysian market's development. In an exclusive interview with BT, he said the KLSE wants Singapore
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    • Article
      SES starts second part of share ownership survey
      229 3 THE Stock Exchange of Singapore (SES) is conducting the second part of its fourth SES share ownership survey. The survey, done on a five-yearly basis since 1975, comprises two stages. In the second stage of the study, the survey of individual share
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    • Article, Illustration
      S'pore Technologies and Soeryadjaya family tie up
      339 3  -  By Rahita Elias LOCAL CONGLOMERATE Singapore Technologies will join forces with the influential Soeryadjaya family of Indonesia to set up a sales and leasing company in Batam. The new company, expected to be fully operational early next year, will have an initial paid-up
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    • Article
      Haw Par's revamp on track but it will need time to roar again
      801 3  -  THE HOCK LOCK SIEW COLUMN By Genevieve Cua IF CIRCUMSTANCES combined to force trading group Haw Par Brothers International to choose just one core business, it probably would do well to concentrate on its investment portfolio. Investments,
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    • Article
      Metro sells building unit to investment firm
      258 3 METRO HOLDINGS yesterday announced that it had sold a construction subsidiary incorporated in Hongkong for $200,000. Metrobilt Construction (MCL), which falls under the Metrobilt group, has been sold to K W Ong Investment Holdings. MCL had a paid-up capital of HKS2O, comprising two
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    • COMPANY BRIEFS
      • Article
        SIA paid $3m for 10pc stake in SASCO
        50 3 SINGAPORE Airlines yesterday disclosed that it paid $3 million for its 10 per cent stake (700,000 ordinary shares) in SASCO, a subsidiary of Singapore Aerospace which undertakes major airframe maintenance and modification works, mainly on Boeing jumbo jets and other commercial aircraft.
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      • Article
        SES queries CityDev on Delfi
        67 3 THE STOCK Exchange of Singapore has asked City Developments the source of its finance for its $95-million purchase of Delfi Orchard, a shopping and apartment complex next to CityDev's Orchard Hotel. The exchange also wants to know the terms of any arrangement for payment on
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      • Article
        Leong Hup in 5m chicks deal
        78 3 KUALA LUMPUR The Malaysian national farmers organisation will buy nearly five million day-old chicks annually from Leong Hup Poultry Farm Sdn Bhd to supply small bumiputra poultry farmers. Leong Hup Holdings said that a M 54.5 million (552.89 million) sale and purchase agreement for
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      • Article
        Listing of 12,000 new KFC shares
        78 3 KUALA LUMPUR KFC Holdings (M) Bhd's additional 12,000 new shares of one ringgit each, issued under its executive employees' share option scheme, will be listed and quoted from May 24, the Kuala Lumpur Stock Exchange said in a circular to members. The additional shares,
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      • Article
        Aokam's use of sale proceeds
        92 3 KUALA LUMPUR Aokam Tin Bhd said the proceeds of MsB.l million from the proposed disposal of 4.5 million shares in Niro Ceramic (Malaysia) Sdn Bhd will be used partly to increase the issued and paid-up capital of its whollyowned subsidiary, Pembangunan Papan Lapis (Sabah) Sdn
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      • Article
        New MD for Pan M'sia Cement
        32 3 KUALA LUMPUR Pan Malaysia Cement Works Bhd said that Mr Khet Kok Yin has been appointed as its managing director with effect from May 1, 1991.
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      • Article
        Gadek paying final dividend
        69 3 KUALA LUMPUR Gadek (Malaysia) Bhd is recommending the payment of a final dividend of six sen per share less tax for the financial year ended Dec 31, 1990 at the forthcoming annual general meeting on June 20, 1991. The company said that the dividend if approved,
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      Page 3 Advertisements Column 1
      32 3 1^ i/ I jf&Siri! ,M?W -W« v <iy V"f y f f..." v •■-/•>* J <Cr' $r .y v V *< v Tn 300 ORCHARD ROAD UNIT 02-03 THE PROMENADE 0923 TEL: *****37 1
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        TDK's foreign sales leap 17.5 per cent
        85 4 TOKYO Japan's TDK Corp, the world's biggest manufacturer of audio tape, said on Tuesday that its net consolidated profit leapt 22.8 per cent from a year earlier to 28.5 billion yen (***** million) in the year to March. Sales in foreign markets exceeded
        85 words
      • Article
        SMC tie-up with Japanese
        78 4 "MANILA San Miguel Corp and Japan's Yamamura ffiass Co Ltd have agreed to establish a one billion peso $563.2 million) joint venture to produce and market glass •Containers. San Miguel will own 60 per cent of the new Cbpmpany and will be responsible for the marketing
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      • Article
        Casio's profits climb 25pc
        85 4 TOKYO Japan's Casio Computer Co Ltd said its net profit climbed 25.2 per cent from a year earlier to 8.3 billion yen (S$ 104.43 million) in the year to March. The a leading producer of electronic calculators and one of the world's biggest manufacturers of digital
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      • Article
        ICI profit hit by low sales
        99 4 SYDNEY ICI Ltd said its trading profit in the half year to March 31 was hit by lower sales in almost all divisions and the outlook for the rest of 1991 was for continuing difficult conditions. ICI, 62.4 per cent owned by Imperial Chemical
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      • Article
        Jap-Taiwan venture launched
        59 4 TOKYO Japanese construction firms Kajima Corp and Kumagai Gumi Co jointly set up a design and engineering venture in Taiwan with two Taiwanese firms. The new firm will help Kumagai Gumi and Kajima bid on 21 trillion yen (*****.8 billion) in public works projects that the Taiwanese
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    • Article
      Philippine food giant in tie-up with Salim group
      352 4  -  From Harish Mehta in MANILA PHILIPPINE food giant RFM Corporation is making big moves in Indonesia. It signed a joint venture agreement last Saturday with Indonesia's Salim Group and may soon sign another agreement with Indonesia's Boraq Airlines. RFM is also eyeing
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    • Article
      Lock icon Manila court urged to reverse ruling on Cojuangco's San Miguel voting rights
      404 4 AFP MANILA The Philippine government on Tuesday asked the Supreme Court to unseat presidential contender Mr Eduardo Cojuangco from the San Miguel Corp (SMC) board, saying he bled the company of more than US$6O million (S$ 106.2 million)
      AFP  -  404 words
    • Article, Illustration
      Bond appears before graft inquiry panel
      338 4 PERTH Former business tycoon Alan Bond made his first appearance on Tuesday before an official inquiry looking into possible corruption in business deals involving the Western Australia state government. Bond, former chief of a vast brewing, media and property empire, was questioned about a
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    • Article
      Foster's confirms sale of Goodman Fielder Wattie stake
      354 4  -  Disposal part of move to pare As3.7b dew From Geoffrey Harris in MELBOURNE FOSTER'S Brewing Group Ltd confirmed it has sold 104 million shares in food group Goodman Fielder Wattie Ltd at Asl.Bo (552.50) a share. The price is about 12.5 times
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    • Article
      Lock icon HK Telecoms: lower profits in line with slower growth
      273 4 Reuter HONGKONG Hongkong Telecommunications Ltd announced reduced net profits for 1990/91 and chief executive Michael Gale said it was in line with expectations. Announcing a HK54.34 billion (*****.000) net profit, against $4.36 billion for the previous year, Mr Gale said in
      Reuter  -  273 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      508 4 Dream of a golf-pro comes true... RLnTsm I V A I M I 1 Wpr I I H THE WORLD'S ORIGINAL AND ONLY FORGED FACE* METAL WOODS GOLFGEAR 2nd generation patented Forged Face* Metal Woods k make all other metal woods obsolete. l\/ L" In a first from GOLFGEAR, "Tungsten
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      Page 4 Advertisements Column 2
      175 4 BUSINES S T I M E TELE P H O NE: 730-5771/5772/5773 FAX: 7)4 Qi: :+m M EGfl-OPPORTU NITY "3 M EGATEST CORPORATION is a technology leader in the development of Automatic Test Equipment (ATE). Our success is based on a commitment to customer satisfaction and a friendly environment which
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      69 5 ■jvfl ■■V JH chaperons to kings and presidents Its value, like driving pleasure, of a measure unsurpassable However, should you wish to own one, a note of caution wou tin ot.tr Only a precious few bottles of Ghateau Gheval lßlanc IQ^-f7 left today f. find a very, very limited number
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Irregularities likely to hit profit of TSB unit
        85 6 LONDON TSB Channel Islands Ltd, a subsidiary of TSB Group pic, said irregularities had been discovered in its treasury and it envisaged full-year profits would be substantially reduced. It said the irregularities were related to foreign exchange dealings, but that it was
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      • Article
        Sales, orders up
        87 6 KARLSRUHE, Germany Germany's engineering and technology group IWKA AG, which earlier reported its 1990 group net profit rose by 3 per. vent to 30.6 million marks, said it expected "appropriate" earnings for the current year. Management board chairman Wolf Hartmut Prellwitz told reporters on Monday that group
        87 words
      • Article
        Hoechst studying Chinese tie-up
        66 6 CHARLOTTE, North Carolina Hoechst AG's Hoechst Celanese said on Tuesday that it has signed a letter of intent to evaluate the feasibility of a second joint venture with China National Tobacco Corp to produce acetate tow and flake in China, Tow, an extruded cellulose acetate fibre,
        66 words
      • Article
        Chevron sells Spanish unit
        63 6 SAN FRANCISCO Chevron Corp said on Tuesday that it sold its Chevron Oil Co of Spain to CIMAZ SA, a Spanish investment company. Terms were not disclosed. Chevron's California Asiatic Ltd sold the shares of Chevron Oil Co of Spain. "The sale results from our continuing
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      • Article
        Cray sees improved earnings
        65 6 MINNEAPOLIS Cray Research Inc expects earnings to be lower in the second quarter, flat in the third, but higher in the fourth quarter, John Carlson, Cray executive vicepresident and chief financial officer said. Mr Carlson, addressing shareholders on Tuesday, reiterated that Cray can meet growth objectives
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    • Article, Illustration
      Lock icon ICL plans to refloat stock on London bourse within five years
      403 6 Reuter LONDON Information systems company ICL said it plans to refloat its stock on the London Stock Exchange within the next five years. It said the move would emphasise its long-term commitment to being European, despite Japanese company Fujitsu
      Reuter  -  403 words
    • Article
      Lock icon Solvay, Upjohn set up marketing tie-up
      446 6 Reuter BRUSSELS Solvay et Cie SA and US Upjohn Company have agreed on a joint marketing alliance for their anti-depressant and anti-anx-iety drugs. The agreement will target markets in Europe and the US, with sales potential of US$7.2 billion (S$ 12.7 billion) by the
      Reuter  -  446 words
    • Article
      Lock icon Whitbread profits set to rise with lower interest payments
      458 6 Reuter LONDON Annual profits are set for a boost at brewing and restaurant group Whitbread pic following a decline in its interest payments, but the underlying picture is less rosy due to depressed beer sales and consumer spending. Analysts see annual
      Reuter  -  458 words
    • Article
      Lock icon British Steel chiefs resignation causes uncertainty
      258 6 Reuter LONDON Clouds of uncertainty gathered above Britain's largest steel maker, British Steel pic, after the surprise news on Monday that chief executive Mr Martin Llowarch would step down in June. The resignation cast doubts over whether there would be an orderly succession to
      Reuter  -  258 words
    • Article
      Lock icon Intel Corp expects higher earnings
      217 6 Reuter PORTLAND, Oregon Intel Corp executive vice-presi-dent Craig Barrett said the company expects second quarter earnings to be higher than the record US$l97 million (***** million), or 95 cents a share, earned in the first quarter. Mr Barrett told shareholders the company also expects double
      Reuter  -  217 words
  • Page 6 Advertisements
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      127 6 For that very special celebration, 'i you can take over Singapore's highest restaurant. We mean it. You can have dinner, live nostalgic music The Pinnacle all to your- excellent service. Make self when you celebrate i it an unforgettable affair, a grand and exclusive Call us at 534 4040 occasion
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      Page 6 Advertisements Column 2
      96 6 H H| h N°. we haven't added Ferraris to the fleet but we have introduced a new reservations system that confirms your ?^8 international car rental reservation faster S than any 31 I I ,ets y° u P |an y° ur itinerary with ease and with speed. It's called "MEGA
      96 words
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  • FINANCIAL NEWS
    • Article
      More Indonesian banks opening up in California
      505 7  -  Tenth-largest foreign presence in the state From Christopher Reed in LOS ANGELES INDONESIAN banks have overtaken established institutions from Britain and Switzerland to become the lOth-largest foreign presence in California's multinational financial community. It now has five banks here, with two more awaiting
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    • Article, Illustration
      Lock icon US bank reform bill overcomes major obstacle in Congress
      300 7 Reuter WASHINGTON The Bush administration overcame a major hurdle in its drive to reform the banking industry when a House panel rejected a measure that would have made it harder for banks to move into new businesses. The move to allow
      Reuter  -  300 words
    • Article
      Lock icon Australian banks cite competition for foreign-currency loans
      242 7 AP SYDNEY Two of Australia's largest banks on Tuesday said unregulated competition forced them to make disastrous foreign-currency loans. Both National Australia Bank and ANZ Bank told parliament's banking inquiry they started lending in foreign currencies to small businesses and farmers only to
      AP  -  242 words
    • Article
      Lock icon Revamp plan for Executive Life
      258 7 Reuter LOS ANGELES First Executive Corp's Executive Life Insurance Co will be split into a new operating company and a liquidating trust under a restructuring blueprint being presented to potential bidders by California insurance commissioner John Garamendi. Mr Garamendi, who is conservator of the failed
      Reuter  -  258 words
    • SMALL CHANGE
      • Article
        London sees no threat in NYSE new trading hours
        81 7 LONDON London's International Stock Exchange said its domination of trading foreign securities would not be threatened by the news that the New York Stock Exchange (NYSE) has won regulatory approval to trade stocks after regular market hours. A spokeswoman for the
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      • Article
        Willis to sell underwriting units
        54 7 LONDON Insurance broking group Willis Corroon announced plans to sell off its UK underwriting activities, and said it saw no significant upturn in underwriting markets for its direct business. First-quarter losses incurred by its UK underwriting companies rose by £0.3 million to £1.2 million, it
        54 words
      • Article
        40 foreign finance firms in China
        72 7 HONGKONG The number of foreign-funded financial institutions currently operating in China totals 40, all located in the country's five special economic zones, the Beijingfunded China News Service (CNS) said. They comprise 25 foreign-funded bank branches, 12 representative offices of overseas financial companies, a joint
        72 words
      • Article
        Midland retains Thomas Cook
        53 7 LONDON The British Midland Bank has told its employees that its Thomas Cook travel business is no longer for sale, the bank said. At the beginning of the year the bank, which is facing financial difficulties, indicated that it might sell the group if a good
        53 words
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      Page 7 Advertisements Column 1
      22 7 t B "v fe- S I s l V'S IMIMW'.SSIONS ON I I rim i s silk. jr* Q IiJIvF M HERMES
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      Page 7 Advertisements Column 2
      59 7 Faculty of Business Administration UfiqSU National University of Singapore Date :24 May 1991 (Friday) Time 3.30 5.00 p.m. Venue Conference Room A, SMI #04-01 Faculty of Business Administration Fee Ss4o per person C Jointly organised by CBRD CMT Centre for Business Centre for Management Research Development of Technology For reservation
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  • THE REGION/THE WORLD
    • Article
      Lock icon Call to beef up EC electronics
      563 8 Industry needs USsloob or risk Japanese domination, expert warns Reuter PARIS Europe must pump US$lOO billion (S$ 177 billion) into its electronics industry over 10 years or become an industrial colony of Japan, an industry expert said. If it does nothing, it will have
      Reuter  -  563 words
    • Article
      Lock icon Council's success stirs interest in US midwest
      452 8 Indiana-Asean trade Bernama INDIANAPOLIS The success of the Indiana-Asean Council in promoting trade and other exchanges between the South-east Asian grouping and the midwestern US state has attracted the attention of other midwest states. The concept appears to be gaining popularity among American
      Bernama  -  452 words
    • WORLD WATCH
      • Article
        EC growth forecast to be slashed to 1.25 pc
        106 8 BRUSSELS The European Commission yesterday was to slash its 1991 European Community growth forecast to 1.25 per cent, reflecting a slowdown in some key member states such as Britain and France, EC officials said on Tuesday. They said Henning Christophersen, the
        106 words
      • Article
        US records budget surplus
        82 8 WASHINGTON The US government in April posted a US$3O.l billion (Sss3 billion) surplus, its second monthly budget surplus of fiscal 1991, due in part to a tax-month surge in income tax receipts and to foreign contributions to defray the cost of the Gulf War, the Treasury
        82 words
      • Article
        Moves to cut EC farm budget
        64 8 BRUSSELS Britain and the Netherlands on Tuesday renewed their battle to rein in European Community farm spending amid signs that a compromise between the EC states may emerge. This year's farm budget has plagued the trade bloc for three months and topped the agenda
        64 words
      • Article
        Opec reference price down
        54 8 VIENNA The 13-nation Organisation of Petroleum Exporting Countries reported on Tuesday that the cartel's average oil reference price fell 3.2 per cent last week. The cartel's Opecna news agency said the average price of seven reference crudes fell to U5517.58 (5529.88) a barrel from US$lB.l7 a
        54 words
    • Article
      Lock icon UK industry seeks rate cut
      232 8 Reuter LONDON British industry has called for urgent cuts in interest rates to stimulate economic recovery and warned that without them, investment and competitiveness was at risk. Brian Corby, president of the Confederation of British Industry, told a dinner attended by Prime Minister John Major
      Reuter  -  232 words
    • Article, Illustration
      Sarawak's Dayak party wants to avoid collision with KL
      454 8  -  By David Chew SINGAPORE Strained relations between Sabah's ruling Parti Bersatu Sabah (PBS) and the National Front (NF) federal government have convinced the Sarawak opposition Parti Bansa Dayak Sarawak (PBDS) of the need for state governments to resolve their differences with
      454 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      318 8 Needs Assessment: Do you really need such a system? Evaluating the Options Criteria for selection Perfecting Implementation Doing it Right the First Time Practical Considerations Constraints You must Know Comparative Vendor Offerings Australian Securities Commission, Melbourne Development Bank of Singapore lowa Department of Transportation Ministry of Information and the Arts
      318 words
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      Page 8 Advertisements Column 2
      244 8 4 Cuts Of U.S. Grain-fed Chilled Beef Vacuum-sealed Air-flown Hand Selected Premium Quality Beef Deservingly Branded GOLD LABEL TENDERLOIN STEAK BUFFALO BILL U.S. RIBEYE Our Pan O'Gold, the tenderest From the eye of the rib, of all steaks. favoured by cowpunchers, who know their beef. CUSTER T-BONE STEAK SITTING BULL
      244 words
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  • THE WORLD
    • Article
      Lock icon Gorbachev seen moving towards G-7 economic pact
      457 9 Reuter MOSCOW President Mikhail Gorbachev appears edging towards a landmark economic accord with the world's major industrial powers to avert a collapse of the Soviet Union. Western and Japanese aid would fling a capitalist lifeline to his homeland, created as the world's first
      Reuter  -  457 words
    • Article
      Lock icon Free trade with Mexico won't affect US economy much
      186 9 UPI BLOOMINGTON, Indiana A bilateral trade agreement between the US and Mexico would only modestly afTcct overall US economic activity and the distribution of income here, says a new study co-authored by an Indiana University professor. "The overall economic consequences for
      UPI  -  186 words
    • Article, Illustration
      Lock icon Working for the family
      43 9 AP picture CAIRO Twelve-year-old Sabri walking with his father through the city's ba/aars on Sunday looking for customers for their self-made furniture. Many Egyptian children are sent out to work at an early age to bring in extra income.
      AP picture  -  43 words
    • Article
      Lock icon Moscow lifts 5pc sales tax to ease labour unrest
      291 9 Reuter MOSCOW The Kremlin lifted an unpopular 5 per cent sales tax on basic food items and consumer goods on Tuesday as part of last month's deal with restive republics to end labour unrest. The Soviet Council of Ministers said the
      Reuter  -  291 words
    • Article
      Lock icon US business failures soar as recession continues
      242 9 AP NEW YORK US business failures rose 58 per cent in April compared to a year ago, evidence that the recession is continuing. Dun and Bradstreet Corp reported on Tuesday. The business information company's monthly analysis of business bankruptcies tallied 7,459 business failures
      AP  -  242 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      460 9 J *H *S« New opportunities in a greater Europe. In less than two years, Europe will be- In our vital home market, unified Germany, *****11, Telex: *****, Telefax: *****18. come the world's largest single market. our solid footing is the vast co-operative DG BANK GZB (Asia) Ltd., 6 Battery And
      460 words
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  • Article
    India suffers another blow
    506 10 EDITORIAL r|~l HE assassination of former Indian f prime minister and Congress Party JL leader Rajiv Gandhi in a bomb blast on Tuesday night is a severe blow to India. Coming as it did during the most violent election campaign ever witnessed in the country, Mr
    506 words
  • WHAT THE OTHERS SAY
    • Article
      Old habits die hard
      211 10 ONLY 12 WEEKS after allied forces liberated Kuwait from Iraq's clutches, it is as if the invasion and the massive operation to undo it never took place. The old habits of mind and attitudes that prevailed before Aug 2, 1990 have fully reasserted themselves after the
      211 words
    • Article
      No place for a demo
      175 10 IHE HAJ SEASON is here again, but this time concern has been raised over the safety of pilgrims. The Muaseim tunnel tragedy is still fresh in the minds of Muslims all over the world. The tragedy could have been averted if strict precautionary measures were
      175 words
    • Article
      Strengthen Asia-Pac bond
      157 10 PRIME MINISTER Goh Chok Tong has suggested that Japan invest heavily in the Asia-Pacific region and transfer its technology and management expertise to neighbouring countries. This is a way for Japan to re-establish a trusting relationship with other Asians. To date, Japan has only been identifying its
      157 words
  • REGIONAL VIEWPOINTS
    • Article
      Allay farmers' misgivings
      184 10 DISCUSSION on the opening of the domestic rice market has got underway after a long time. Prime Minister Toshiki Kaifu said: "I have told the minister in charge that we should deal with (negotiations on trade in agricultural products) while winning the understanding of the people." Former
      184 words
    • Article
      Benefits from copyright
      149 10 !INDONESIA, like many other developing counines, had initially been quite slow in responding to foreign demands for better proteetion of intellectual property rights (copyright, patent and trademark). Hie government seemed to be afraid that full projection of intellectual property rights would increase 'he outflow of royalty payments,
      149 words
    • Article
      Make the box less idiotic
      162 10 AS THE MOST POWERFUL and pervasive arm of media, television networks have a responsibility to help the nation in its development and not just feed the capitalistic and almost primitive urge to line capacious pockets with advertisers' capricious coins. In the name of dollars, devoid
      162 words
  • Article, Illustration
    Lock icon Rajiv: Mr Clean in a dirty profession
    959 10 OBITUARY AFP TWO PERSONAL tragedies catapulted Rajiv Gandhi into India's unpredictable politics. Another tragedy on Tuesday night cut him down brutally just as luck was smiling once again on his political career. In his 11 years as a politician, Mr Gandhi leapfrogged from
    AFP  -  959 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      294 10 fNASSIM ill 11 JUL The home that indifferent This impeccable home is at an ideal location. The stateliness that makes that difference. Though it is only a two minute drive away The elegance of the dining area. The magnififrom the heart of the city, the hustle and bustle of city
      294 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      52 10 OOONESBURY BY GARRY TRUDEAU M DON'T UH. NO. IT'S mL..I 77 OH. THAT^OUR BALLOON A M UK IHL 6f£AT, MAN. MMfi, TRIBUTE TO THB VICS 11 IttIMLTFIMT I'PJUSTRATHCR UOUW Bt THAT/HON pnestpem. YOU 6WS I 1 WitANT*' CKJVSW ALL RIGHT. 57H75/7Y? MAY NOT HAVE, dUN I /7) /WAF£Of n,BiJJHt I
      52 words
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  • ANALYSIS
    • Article, Illustration
      A democrat is dead. Long live democracy!
      1305 11  -  Salil Tripathi salutes the resilience of Indian democracy and looks at possible successors to Rajiv Gandhi, while Michael Battye notes the passing of the Nehru dynasty's monopoly on power Salil Tripathi Michael Battye THE MOST remarkable thing about Indian democracy is its resilience.
      1,305 words
    • Article, Illustration
      No shortage of prime ministers-in-waiting
      893 11 THE PALL of gloom that has descended over India in the aftermath of the tragic death of Rajiv Gandhi is not out of place. What is out of place is the pessimistic projection that India does not have any leader who can hold the multi-every-thing
      893 words
    • Article
      Lock icon Nehru dynasty grip on power ends with Rajiv's death
      652 11 Reuter THE Nehru dynasty's hold on power in India could be over. The family, haunted by tragedy in later years, produced Congress party prime ministers who ruled for 38 of India's 44 years of independence. But the cord tying it to
      Reuter  -  652 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Breakfast war hots up
      672 12  -  Fast-food chains scramble to cash in on the lucrative breakfast market. Corinne Kerk reports Corinne Kerk M OTHER'S fragrant, homecooked meals are about to be ousted from their revered status on the dining table. Well, at least when it comes to breakfast, that is. With Kentucky
      672 words
    • Article
      Clarks Shoes in bid to boost sales in region
      354 12  -  By Said Abdullah CLARKS Shoes of the United Kingdom has launched an aggressive promotion to boost flagging sales in Singapore and the region. Clarks, which has been around in Singapore since the early 50s, began the relaunch in Thailand last Monday,
      354 words
    • Article
      COPY LINES
      164 12 LOS ANGELES A fledgiing US media development company said on Tuesday that it has signed an exclusive advertising pact with Pravda, one of the leading Soviet daily newspapers. The privately held Entertainment and Communications Holdings Organisation (Echo) and the newspaper made the announcement simultaneously in Moscow and Los
      164 words
    • Article
      Tie-up extended to Singapore
      222 12  -  By Michelle Low Advertising firm D'arcy Masius Benton Bowles (DMB&B) has extended its equity partnership with Tokyu Agency International (TAI) to include its Singapore office. Henceforth, DMB&B's Singapore office will be called DMB&B Tokyu. DMB&B holds a 60 per cent stake in this equity partnership, the
      222 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      159 12 i A worldwide Marketing Research Company based in the USA is looking for a local partner for new investments and setting up a branch office in Singapore. J If your company is a well-established marketing research company, please send the following information to P.O. Box 84-741, Taipei, Taiwan, before 1
      159 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      87 13 The Schroder South East Asia Fund j frh F special fixed price offer or) closes on May 28, 1991. For more information simply ring our Customer Help Line on 534 4288. We will also be open SchrOdGT on May 28 for in-person applications at 65 Chulia Street, #47-01, OCBC Centre,
      87 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Spain, Yugoslavia push ahead in Peugeot event
      764 14 Agencies DUSSELDORF Spain and Yugoslavia won their first events on Tuesday in hard-fought play at the US$l.3-million (552.2 million) Peugeot World Team Cup tennis tournament. In the Blue Group, American Aaron Krickstein needed three sets to defeat Yugoslav Goran Prpic, 7-6 (7-2), 3-6,
      Agencies  -  764 words
    • Article
      Lock icon Indy rookies happy just to make the field
      643 14 AP INDIANAPOLIS For Mike GrofT, the U552,500 (554,250) prize for being the fastest rookie to qualify for the Indianapolis 500 was just a bonus. Just making the field was the real reward. "The big dream is to go racing at Indy, that's
      AP  -  643 words
    • Article
      Lock icon Australian doctors seek boxing ban
      184 14 AP CANBERRA Amateur boxing should be banned from future Commonwealth Games, the Australian Medical Association said yesterday. The AMA's federal council will consider a proposal this weekend to bar doctors from monitoring bouts, which would effectively stop them from going ahead. AMA vice-president Dr Michael
      AP  -  184 words
    • Article, Illustration
      Lock icon Lazio officials still keen on Gazza
      367 15 AP LONDON Officials from the Lazio soccer club of Rome visited injured midfielder Paul Gaseoigne in a London hospital on Tuesday night and said they were still interested in signing the British star. Lazio had been seeking a US$l5 million (5525.5 million) transfer of
      AP  -  367 words
    • Article
      Lock icon S Africa on right track in comeback bid
      146 15 AP DAKAR, Senegal South Africa's bid to return to international sports received another boost when the country was granted provisional membership by Africa's track and field federation. The African Amateur Athletics Federation yesterday voted to admit South Africa on condition that it
      AP  -  146 words
    • SIDE LINES
      • Article
        Piatt leads England to glory over Soviet Union
        165 15 LONDON David Piatt strode across the Wembley stage that destroyed England partner Paul Gaseoigne four days earlier to embellish Graham Taylor's unbeaten England record with a victory over the Soviet Union on Tuesday. The Aston Villa midfielder scored a spectacular late third
        165 words
      • Article
        Lunn chases third title
        56 15 BRUSSELS Australia's defending champion Karen Lunn will be bidding for her third European Masters title when the prestigious £130,000 event tees off today. The 25-year-old from Sydney, who triumphed in 1988 and 1990, will be hoping to claim a winner's cheque of £19,500 in the richest
        56 words
      • Article
        Graf wants the top spot
        78 15 NEW YORK Number two isn't good enough for Steffi Graf. The German won her third straight tournament earlier this week, the Lufthansa Cup at Berlin, and she can regain her No 1 ranking with a victory in the French Open beginning next week in Paris.
        78 words
      • Article
        Another Diego to root for
        79 15 BUENOS AIRES Soccer-mad Argentina, shocked by the downfall of Maradona, is pinning much hope on another talented midfielder named Diego. These days, when fans in the packed stands roar Ole for Diego, they are cheering the nimble-footed Diego Latorre. Latorre, 21, is slightly taller and
        79 words
      • Article
        Wooing the Japanese runners
        65 15 MELBOURNE The organisers of next month's Melbourne marathon say they hope to attract thousands of Japanese in time for next year's race. About 250 Japanese are expected here for the 42.2-km event on June 2, and about 120 of them will take part. Race organisers said
        65 words
      • Article
        Still going strong
        51 15 MELBOURNE Fourteen of the 23 runners who started the 1,028-km Sydney-Melbourne ultra-marathon last week were still in contention as Australian Bryan Smith led them towards the finishing line here yesterday. At mid-day, Smith was at the 956-km mark and held a 14-km lead over his compatriot Tony
        51 words
      • Article
        It's on again
        94 15 TORONTO The on-again, off-again rematch between former heavyweight champion Mike Tyson and Donovan "Razor" Ruddock is on again. The bout, originally scheduled for June 28, was cancelled last week by promoter Don King, who said Ruddock pulled out so Tyson could fight champion Evander Holyfield. Al Braverman,
        94 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      374 14 Have all the Splendour at splendidly low prices' Splendour is known for its high quality, fresh bee products at excellent value. Nutrient-rich food with all the essential protein, vitamins and minerals to revitalise and rejuvenate tired bodies. Now you'll value Splendour bee products even more at these special offer prices.
      374 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      132 15 pap THE 40% THE HONG KONG WILL MOVE YOU TO A HIGHER rather more to peace on v are the to to colour are «w the ex- i K further ease the the the Hong But take the Tg our St BL Come to the jf Hong You B^nji mi"~~~''
      132 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      172 16 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 16 Advertisements Column 2
      330 16 THE ITALIAN MAESTRO RETURNS 10th May 23rd May Pete's Place is once again delighted to welcome Chef Vincent Pecoraro. Inspired by the success of previous visits, the Famous Italian Chef from Donatello s Restaurant in Waikoloa, Hawaii will concoct new. tantalising temptations. For the two week crusade. Chef Pecoraro's favourites
      330 words
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      Page 16 Advertisements Column 3
      291 16 Typical Teochew Treats 16 31 May r "j Cafe Plaza serves these delicious dishes preV)M pared as only a Teochew 4jj<l|n would know how. And lo I Jjßflf I round off your meal, there's nothing better I H than a sweet dessert. Like a helping of Sweet pump- 9f\ I
      291 words
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      Page 16 Advertisements Column 4
      333 16 I The Belvedere brings vou the savourv taste of I KM sunny Spain. VC'ith over 60 traditional j |ijj|S favourites, you'll say "Ole" to the most |fl extravagant buffet in town! We serve the war Li to you at The Belvedere. B Q/fia/></uw< QD f'pg't/x-f kiktiraiiiMtftaftnn *3* Orchard Road Singapore
      333 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      744 16 TELEVISION AND RADIO T-l J £> SBGI2 *.00 News at Nine. us BUSINESS ON RADIO 1-J rvvi C 70I* 9.30 Jake and the Fatman The 6.00 News (M). I 1 I ICI II II CVCI 7.00 AM CNN International (L). Tender Trap (See Our 6.30 With The Quran. BBC, 89.9
      744 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Back in the cradle of folk
      931 17  -  Singer Bob Dylan, who inspired a whole generation in the 60s, turns 50 tomorrow. He has mellowed but is still singing his protest songs, reports Michael Miller Michael Miller Reuter 808 DYLAN sits hunched over his acoustic guitar, strumming quietly, eyes closed, oblivious to
      Reuter  -  931 words
    • Article
      Lock icon Disney gets tough with copyright infringers
      376 17 AP PIRATES arc moving mountains of illegally produced movie merchandise, and Walt Disney Co is tracking down scores of copyright infringers worldwide. The bootleg merchandise includes the predictable assortment of Roger Rabbit Tshirts and Dick Tracy watches. More creative plagiarists sell Disney-thcmcd sex posters,
      AP  -  376 words
    • Article, Illustration
      Costner swamped with housing offers
      437 17 CHATTERBOX KEVIN COSTNER has plenty of places to choose from as he looks for a place to live in New Orleans during the filming of a movie about the assassination of US president John F Kennedy. According to The TimesPicayune newspaper, Costner and wife Cindy
      437 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      247 17 AND ENTERTAIN c I Super long Happy Hours at The e Fountain Lounge means enjoying a c 40% discount from 11.00 am to 8.00 pm plus snacks such as Spring Rolls or y i Samosas or Canapes or Meatballs or P A JL ANA HOTEL i a r SINCAPORE >
      247 words
    • Advertisement
      Page 17 Advertisements Column 2
      249 17 "SPLENDOURS OF SPRING" CHINA CHINA RESTAURANT 1 APR TO 31 MAY 91 A whole new season of gastronomical adventure to savour the Finest selection of Hong Kong's Springtime menu. Splendidly prepared by four of CHINA CHINA'S resident masterchefs from Hong Kong. am MARINA BAY GOLF COUNTRY CLUB 6 Marina Green.
      249 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Malaysian counters take centrestage as shares rise
      4295 18  -  By Lilian Ang SHARE prices closed broadly higher yesterday with Malaysian stocks taking centrestage, amid talk that part of the Malaysian Employee's Provident Fund (EPF) may soon be released for Malaysians to invest in stocks. But apart from the spark provided by relatively
      4,295 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4088 19 Main Board Keppel Corpn 785 20 2.6% C Properties 670 20 3.1% SPH 900 +15 1.7% SI A 1330 +10 f 0 8% SIA 200 1330 HO 0.8% DBS 1200 10 *0.8% FAN 895 10 1.1% Jurung Ship 50* 895 +10 +1.1% UOB Foreign 710
    4,088 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      401 20 Company Date Year Group Not Not earnings Gross a«« to proflt/loss <L) par share dividend ('000) (coots) Inno Pacific May 20 Dec 90 59,187L(53,143l) 1(1.5) SPC May 20 Dec 90 $46,698(518.122) 14 6(6.2) 8(7 3) YHS May 16 Dec 90 51.924(57,636) 2.4(95) 8(11) Esso May 15 Dec 90
      401 words
    • Article
      DIVIDENDS ANNOUNCED
      1466 20 Current Ex Books Date Total for Total for payment date dose payable the year last year Acma 5%TE Jun 5 Jon 17 Ml 10%TE Amal Sted 50c 10%(S) May 16 May 31 Jun 7 10* 126% Boustead 50c 5%(l) *<* 25 May 10 Jun 7 5% 15% Bousteadco
      1,466 words
    • Article
      RESULTS DUE
      982 20 Main Board La* F Year Company Penod Date Tear Net EPS Grow Net announced e«fing (cents) <fi» profit last year ($*000) Cerebos Intenm Apr 27 Jul 91 12.6 20 OTE(a) 38,911 Spore Land Interim May 4 Dec 91 12.6 10 0 44.641(g) Van der Horst Interim May 21
      982 words
    • Article
      PRELIMINARY RESULTS
      212 20 Comoanv Date Year Groap pre-tax Met earnings Grow ann to preflt/loss (L) per share dividend (•000) (cents) PMC May 20 Mar 91 M$51.044 ($42,553) 16.5(15 5) 24.2(18.2) PMRI May 20 Mar 91 M$12.116($6,709) 16.2(9.1) 15(10) SIA May 20 Mar 91 $1160.800(J1436.400) 143.2(1884 40(35) Rothmans Msa May 16 Mar
      212 words
    • Article
      INTERIM RESULTS
      178 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) C&C May 17 Mar 91 *49.453(546,270) 5(4) Goodwood Park May 17 Mar 91 J14,753($15,208) 35(15) H Msia May 17 Mar 91 $313($1,725) 5(5) NST Apr 30 Feb 91 MJ43,849(137,114) 10(10) SPH Apr 26 Feb 91 J110.396(S84.977)
      178 words
    • Article
      CORPORATE DEVELOPMENTS
      301 20 May 21 City Developments confirmed its purchase of the Delfi Orchard for J9sm Guthrie GTS ceased to be the ultimate holding company of Guthrie Maintenance Services Pte Ltd (formerly Guthrie Retail Consultants (S) Pte Ltd) from May 2. Parkway Holdings is pumping a further £10.5 m (Ss3l.sm) of
      301 words
    • Article
      Warrants: premiums and gearing
      908 20 {Prices (as at 22.05.911 Conversion terms Premium/ -t (discount) Amount Optional" using Company Wrts Share Loan Conv Exer Lnstk Cash Cash Loan Gearing, Date Mths units) stock ratio price nom Stkj Len value i s I rir wt 37 5 2 640 5 600 1 00
      908 words
    • Article
      BONDS, LOANS & WARRANTS
      784 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share CtC Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway low Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus $0 77 nominal amount of loan stock. Chan Hup Notes Chan
      784 words
    • Article
      APPROVED ISSUES
      253 20 Company Rights Issue DBS One-for ten <3, $9 60 (local) or {1050 (foreign) per share Ex-date May 23 Books close Jun 5 Acceptance Payment: NYA Dutop Est Restncted issue of $88 514m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CHS) 1991/19% issued on the basis of
      253 words
    • Article
      PROPOSED ISSUES
      531 20 Company Rights Issue Mean, <<l MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every I CRPS Bolton One-for four MS?.00 per share
      531 words
    • Article
      COMPANY MEETINGS
      222 20 United Pulp Paper Co Ltd: 24th AGM at the Conference Room, 20 Liu Fang Road, Jurong Town, Singapore 2262 on Thursday, Way 23, at 11am. Singatronics Ltd: 12th AGM EGM at the Board Room. Level 8, Singatrontcs Building, 506 Chai Chee Lane, Singapore 1646 on Thursday, May 23,
      222 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      47 20 HHP mm IOSEUAir P E All SON Nfl" This book contains more than 2000 idiomatic expressions explained in language which is easy to understand Lively illustrations and examples of how to use the idioms in context are also included $5.90 Available at all good bookshops Federal Publications
      47 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares broadly higher on institutional buying
      4126 21 Renewed interest in quality counters Bernama SHARE PRICES in Kuala Lumpur closed broadly higher in active trading yesterday on renewed institutional interest for quality stocks following the gains on Wall Street overnight. The KLSE Composite Index rose 8.56 points to 592.76 while the Industrial
      Bernama  -  4,126 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      146 21 5 BANKING, FINANCE I INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement Is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among
      146 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end lower on talk of poor company results
      2211 22 Reuter TOKYO stocks closed lower yesterday, as rumours of bad company results and a collapse in futures prices erased earlier gains. The Nikkei Average had risen on bargain hunting and technical buying earlier to one per cent above its open before
      Reuter  -  2,211 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Airport talks keep market on tenterhooks
      1969 22 Reuter HONGKONG shares closed slightly easier in thin trade yesterday as a nervous market awaited the outcome of Sino-British talks in Beijing on the future of a second airport. After choppy morning trade which saw the market slide and rebound twice, the blue chip
      Reuter  -  1,969 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Foreign buyers boost Australian stocks
      • Article
        AUSTRALIA
        812 23 AUSTRALIAN shares yesterday closed higher on early foreign buying of leading stocks. Brokers said European investors, attracted by a weakening Australian dollar, lower interest rates and undervalued local stocks, were prominent in morning trade. But after offshore buying was completed, the early highs were reduced by local selling. The
        812 words
      • Article
        BANGKOK
        803 23 BANGKOK stock prices yesterday ended lower across the board after sluggish trading. The SET index lost 12.75 points, or 1.6 per cent, to end at 792.08 on a thin turnover of 2.73 billion baht. Finance counters lost most. Securities One eased 24 baht to 680 and Thai Investment and
        803 words
      • Article
        JAKARTA
        631 23 JAKARTA stock prices yesterday closed mixed, with the index edging up 0.25 points to 406.70. Sentiment was bullish in the financial sector, with Bank Dagang Nasional Indonesia leading the market on a volume of 4.54 million shares. It rose 50 rupiah on the big board to 4,600. Bank Bali
        631 words
      • Article
        TAIPEI
        412 23 TAIWAN share prices yesterday finished slightly higher after a day of narrow trade, and dealers said the index could rise further as it had firm support at 6,000 points. The weighted index closed 26.69 points higher at 6,168.90 compared with Tuesday's 6,142.21 finish. Turnover rose to NT576.07 billion from
        412 words
      • Article
        NEW ZEALAND
        132 23 MOST leading New Zealand shares yesterday closed marginally higher but did not fully reflect further falls in domestic interest rates, as brokers forecast consolidation around current levels. "There were not a lot of orders coming into the market, so I guess it did quite well to hold," said
        132 words
      • Article
        BOMBAY
        129 23 BOMBAY share prices on Tuesday moved higher after a bullish start supported by expectations of a Congress victory in India's general elections. The Bombay Stock Exchange index surged 36.29 points, or 2.82 per cent, to 1,320.54. The national index gained 12.91, or 2.02 per cent, to 651.85. Brokers said
        129 words
      • Article
        SEOUL
        851 23 SEOUL'S stock market yesterday fell for the third consecutive session in the absence of fresh market-moving factors and on continuing liquidity constraints. The composite stock index shed 4.39 points to 624.32. Tuesday was a public holiday. "There was no bad news in the market today to dampen the investors'
        851 words
      • Article
        Untitled
        974 23 Close Previous May 22 SYDNEY All Ordinaries Index 1,539.1 1,536.9 +2.2 All Industrials Index 2,409.4 2,403.1 +6.3 All Resources Index 876.5 877.0 -0.5 Turnover (million) 220.35 109.55 +110.8 BANGKOK SET Index 792.08 804.83 -12.75 Turnover (million baht) 2,730 2,740 -10 JAKARTA Composite Index 406.70 406.45 +0.25 MANILA Composite Index NA
        974 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Dow gains ground as buyers return
      • Article, Illustration
        NEW YORK
        1327 24 NEW YORK stock prices moved a bit higher on Tuesday in brisk trading as investors came back into the market in force. Drug, retailing, high technology and some bank stocks were particularly strong. The Dow Jones Industrial Average rose 13.86 points, to 2,906.08, while the Standard Poor's Index
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      • Article, Illustration
        LONDON
        728 24 LONDON shares were down at midday yesterday on a decline in the stock index futures market. At about 12.15pm (1115 GMT) the Financial Times-Stock Exchange 100-share index was down 8.6 points, or 0.3 per cent, at 2,474.1. Dealers said that volume was light, exaggerating any movement in the closely
        728 words
      • Article
        AMSTERDAM
        225 24 DUTCH shares, buttressed by Royal Dutch and minor gains on Wall Street, closed mostly higher on Tuesday on a day of anaemic trading. "It was dead quiet. Turnover was very low," said one dealer. The CBS Weighted Index nudged up to 93.3, the day's high, compared with 92.7 on
        225 words
      • Article
        FRANKFURT
        185 24 GERMAN shares climbed 1.2 per cent in moderate trade on Tuesday, bolstered by growing foreign investor confidence in Germany. The 30-share DAX Index climbed 18.53 points to 1,617.40, just below its intraday high of 1,618.54. "Germany is being seen as one of the markets in Europe with the largest
        185 words
      • Article
        PARIS
        293 24 A LIGHT rally on Wall Street late in the European trading day pulled the Paris bourse up on Tuesday after a quiet, sluggish session dominated by talk about French interest rates. The Bank of France dashed hopes of an interest rate cut by leaving rates unchanged at its weekly
        293 words
      • Article
        MILAN
        250 24 ITALIAN shares on Tuesday closed down, but off their lowest levels following a partial recovery in Fiat shares, whose 1990 dividends was due to be announced. Brokers said worries about the level of Fiat's dividends were at the centre of an otherwise quiet market. Last year, Fiat paid 370
        250 words
      • Article
        ZURICH
        365 24 SWISS shares on Tuesday closed higher in quiet trading as chemicals led the market higher. Traders said slightly lower money market rates lent some support but overall volume was low, indicating that the market had moved into a period of consolidation. The All-Share SPI Index rose 8.9 points to
        365 words
      • Article
        STOCKHOLM
        206 24 THE Stockholm bourse General Index on Tuesday soared 3.39 per cent to 1,066.46 in high volume on the first day of share trading after the Swedish crown was linked to the European Currency Unit (ECU) on Friday. Blue chips rose 3.38 per cent on average. Total turnover reached a
        206 words
      • Article
        JOHANNESBURG
        386 24 IN JOHANNESBURG, gold shares resumed Tuesday's upward trend in early trading yesterday after a hesitant start, while the rest of the market was holding quietly on to its recently gained ground, dealers said. At 10.30pm, the JSE All-Gold Index had gained a bit further to 1189 after jumping to
        386 words
      • Article
        TORONTO
        217 24 TORONTO stocks started the week on a flat note on Tuesday after taking a break on Monday for the Victoria Day holiday, shuffling within a 12-point range before the close. "It's the worse day we've had in a long time," one trader said of the slow trade. The TSE-300
        217 words
      • Article
        Untitled
        209 24 May 21 Close Previous NEW YORK Dow Jones 2,906.08 2,892.22 +13.86 NYSE Financial 149.61 148.43 +1.18 SAP 500 375.35 372.28 +3.07 Turnover (million) 186.9 109.5 77.4 LONDON Financial Times 30 1,942.5 1,927.3 +15.2 FTSE 100 2,482.7 2,466.6 +16.1 Turnover (million) 422.6 322.6 +100 AMSTERDAM CBS Tendency Index 93.3 92.7 -0.6
        209 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      32 24 For further information on which newsstands carry Singapore Business, Her World, Go, Home Decor, Young Parents, please call our Customer Services Section on 740-1839 or 740-1840. Innovation Technology in BT on Tuesday
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback drifts around in earlv European trade
      1198 25 REPORTS THE US DOLLAR drifted around in early Europe and dealers said technical activity was the only feature to early foreign exchange trade. No new economic data are due this week that might influence foreign exchange markets, dealers said. They expected narrow range
      1,198 words
    • Article
      INTERBANK FOREX RATES
      389 25 Cross rates May 22 I USS SS MS Dm Yen SFr AS NZS USS 1 7680 2.7585 1.7135 137.50 0.5762 1.4500 1.2945 1.7021 SS 0.5656 1.5602 0.9692 0.7777 0.3259 0.8201 0.7322 0.9627 MS 0.3625 64.09 0.6212 0.4985 0.2089 0.5256 0.4693 0.6170 Dm 0.5836 1.0318 1.6099 80.25 0.3363
      389 words
    • Article
      MONEY MARKET
      546 25 Interbank rates S$ Bid Offer Overnight 5 5 1/8 1-month 5 1/16 5 3/16 2-month 5 1/8 5 1/4 3-month 5 3/16 5 5/16 Overnight mode: 5-1/8 L'SS Bid Offer 7 days 5 7/8 6 1 month 5 7/8 6 2 months 5 15/16 6 1/16 3 months
      546 words
    • Article
      Lock icon Fears of futures expiry selling haunt Tokyo market
      527 25 Reuter TOKYO Jitters over re-cord-high long cash positions waiting to be sold or rolled over before settlement of June futures contracts next month have cast a pall over the Tokyo stock market, brokers said. "People are worried about whether the market can
      Reuter  -  527 words
    • Article
      FINANCIAL FUTURES
      1109 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.91 93.93 93.92 3000 ***** [617 Sep 91 93.72 93.73 93.71 93.72 9149 ***** 4375 Dec 91 93.23 93.25 93.23 93.24 2100 ***** 999 Mar 92 93.03 93.06 93.03 93.05 990 6792 752 Jun 92 92.60
      1,109 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • COMMODITIES
    • Article
      Lock icon S'pore drafting new rubber futures market law
      358 26 Reuter SINGAPORE A new law is being drafted for the establishment of Singapore's first rubber futures exchange, the Rubber Association of Singapore (RAS)'s chairman Patrick Hays said. "Preparations for launching a new exchange to trade in rubber futures are on schedule," Mr Hays
      Reuter  -  358 words
    • Article
      Lock icon Mining house chief says gold price near bottom
      309 26 Reuter LONDON Chairman of the Gold Fields of South Africa Ltd (GFSA) mining house, Robin Plumbridge, said further falls in the gold price were unlikely as fundamentals were beginning to change. "We are at or about the bottom of the market," he
      Reuter  -  309 words
    • Article
      Selling pressure sends KL tin down seven sen
      844 26 REPORTS THE pricc of tin eased seven sen to M$ 15.42 per kg on some selling pressure at the Kuala Lumpur Tin Market. Dealers yesterday said the metal eased US$35 (Sss9) per tonne on the London Metal Exchange overnight in the absence
      844 words
  • Article
    PRICES
    1397 26 Rubber May 22 HAS (fob hi ta>tt) S cents/kg Noon Close Int 1 RSS Prompt 143.75/144.75N I44 0QM45.00N Int 1 RSS June 91 145.75/146.25 146.00/146.50 Int I RSS July 147.25/147.75 147.50/148 00 Int 2 RSS OP I42.00/I44.00N 142.50/144. SON Int 3 RSS OP 137.50/139.50N 138 00/140.00N Int 4 RSS
    1,397 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      684 26 BUSINESS TIMES TELEPHONE: 730-3771/3772/3773 PAX: 734-4982 NOTICE OF CHANGE OF COMPANY'S NAME This is to inform that we have changed our company's name from ALBATROS TRAVEL PTE LTD to ASIA VOYAGES (SINGAPORE) PTE LTD with effect from 11 May 1991. IN THE MATTER OP THE COMPANIES ACT, CAP. M AND
      684 words
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      Page 26 Advertisements Column 2
      675 26 IN THK MATTKR OP THK COMPANIKS ACT, CAP. M AND IN THE MATTKR OP STV ENTERPRISE PTK LTD (la Members' VolunUry Liquidation) At an Extraordinary Oeneral Meeting of the members Of STV ENTERPRISE PTE LTD duly convened and held at 50 Chin Swee Road, #10-01 Thong Chal Bldg, S'pore 0316
      675 words
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      Page 26 Advertisements Column 3
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1051 27 City Flight ETA Flight ETD Abu Dlubi GA975 1300 GA894 2340 GA887 1225 ftiHrtahfrg SQ228 1905 Qf5 2000 Amsterdam SQ23 0715 KL838 2115 GA975 1300 GA894 2340 KL837 1415 SQ24 2355 Auckland BA11 1225 SQ325 2115 B Sen Begawan BI095 0110 SQ182 0915 BI42I 1105 BI422
    1,051 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Taking a train safari through Kenya
      501 27  -  LETTER FROM NAIROBI By John Nyaga Game viewing, Kenya's main tourist attraction, has assumed a new dimension with the introduction of a luxury day train from Nairobi to the Indian Ocean resort of Mombasa. The train will travel 530 kilometres every weekend through the
      501 words
    • Article
      MONEY CHANGER RATES
      151 27 As at 3pm yesterday: dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.36S I.38S Canadian dollar 1.S2S 1.S45 NZ dollar 1.028 1.063 Sterling pound 3.055 3.075 US dollar 1.7680 1.7780 local dollars to 100 units of foreign currency Austrian schilling 14.50 15.50 Belgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      52 27 Duration Title Venue Organiser Tel May 21-25 Medicine Zagreb. Zagrebacki (38H*****66 Technology Yugoslavia Velesajam International Exhibition of Medical, Pharmaceutical Laboratory Equipment Duration Title Venue Organiser Td May 22-24 International Utrecht. Koninklijke ********** Computer Netherlands Nederlandse Software Jaarbeurs Exhibition May 25-29 International Milan Associasione *****64.282 Elect rot echnics
      52 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      42 27 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We know Kurope from start to Finnish.
      42 words
    • Advertisement
      Page 27 Advertisements Column 2
      60 27 What is an office sex pest? t He is a badgerer ykii An innuen(|<) man A sneak A manipulator /vb?l An exhibitionist /Si And a steamroller I i s x aces IM *1 Ii V sexua W 1 harassment f\ vrN, lnthe i\ A /V i workplace The latest news
      60 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      325 27 1 Study technique, showing good sense Hi 9 Ancient city by a river or HI stream (4) I I I I I I I I I I 10 Find out, not for the first hHj |Mf Hf" I time, about underworld 12 A university's interpreta- LbJ ■■■■16 IH 15 Climbs,
      325 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      208 27 Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 32.3 Assoc humidity 65% Minimum temperature 25.4* C Assoc humidity 96% Hours of sunshine 3.05 Rainfall in mm 5.4 Rainfall this month 232.1 Rainy days this month 16 World forecast Asia-Pacific Hi/Ix>* Cond. Auckland 19/12 Showers Bangkok 34/24
      208 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      37 27 UiVARt'S PIU.TMIS NONSCNSfe. AftOUTX V— 1 t THE. UNMJT9ORIS&O XS. 6lOGfcPiPv*V OF SIR Rc&iNfMD J C^o-° v CUeSTc g —Mr- —m! i 1 f\T'S VOPIfcXS PND P\U COMeS .1 c EVENIN< J STANDARD CO. LTO-. IM2-IMI 8431
      37 words
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  • Article
    Domestic exports for April show healthy 14.1 pc growth
    418 28  -  By Lee Han Shih THE VALUE Of Singapore's total trade grew to $17.58 billion in April, comprising $8.41 billion in exports and $9.17 billion in imports, figures released by the Trade Development Board yesterday showed. Using a threemonth moving average, this
    418 words
  • Article
    AMP expanding fast in Asia-Pacific
    354 28  -  By Genevieve Cua THE WORLD'S biggest manufacturer of connectors, USbased AMP Incorporated, is pouring most of its worldwide capital expenditure into the Asia-Pacific, where it will set up four more factories over the next five years. Mr William Hudson, the company's executive vice president for
    354 words
  • Article
    ABS responds to queries on treatment of cheques
    287 28  -  By Diana Oon THE Association of Banks in Singapore (ABS) has told member banks to stick to the practice of treating cheques crossed with the words "Not Negotiable" and "Account Payee Only" as non-transfer-able. The ABS issued the threepage circular on May
    287 words
  • Article, Illustration
    To make a land of plenty great again
    678 28  -  The Bottom Line S N VASUKI S N VASUKI The writer is a BT journalist THE comparison is rich in irony. In the first decade of the 20th century, Australia had the highest rate of wealth per capita in the world and
    678 words
  • Article
    Quayle emphasises endorsement of Apec
    183 28 US VICE-PRESIDENT Dan Quayle yesterday fielded questions on the proposed East Asian Economic Grouping (EAEG) by emphasising his endorsement of Apec, the 12-nation Asia-Pacific Economic Cooperation forum. The EAEG proposal has become a bone of contention between Malaysia, the initiator of the proposal, and the
    183 words
  • Article
    PECC creates associate membership
    162 28 IN RESPONSE to strong interest in the Pacific Economic Co-operation Conference (PECC), the forum has created an associate membership category for countries that do not meet its requirements to be full members. As set out in the updated PECC charter, associate membership may be granted to
    162 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      151 28 Nikon The World's Finest Photographic Systems Dauphin Sitzrultur Ahealthy bacrbone is essential FOR PERFORMANCE. We want to inspire people with chairs which display corporate identity: The superb, clean lines of the design of Dauphin chairs integrate elegantly into the office environment. Reasonably priced seating facilities with functions H en- hance
      151 words
    • Advertisement
      Page 28 Advertisements Column 2
      299 28 Nikon The World's Finest Photographic Systems AN INTERNATIONAL REAL ESTATE ■&F\zk~ EVENT OF THE YEAR 42ND WORLD CONGRESS IN REAL ESTATE Sft "EXCELLENCE IN REAL ESTATE" ~f' J] MrrvJ :T 26m MAY 31ST MAY 1991 M I Ei'i! SINGAPORE I RAFFLES CITY CONVENTION CENTRE ORGANISER: INTERNATIONAL REAL ESTATE FEDERATION FIABCI
      299 words
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  • Shipping Times
    • Article, Illustration
      Singapore Airlines orders four more A310-300s
      407 29  -  By Selva Kumar DESPITE its lower profitability in the last financial year, Singapore Airlines is still sticking to its objective of maintaining one of the world's youngest airline fleets. The airline has placed orders for four more Airbus Industrie A3lO-300 aircraft valued at US$347
      407 words
    • Article, Illustration
      Lock icon CGM joins new US Gulf/ South Atlantic liner pool
      198 29 Reuter PARIS Compagnie Generate Maritime (CGM) said it ended its shipping agreement with Hapag Lloyd and ACL on the US Gulf/South Atlantic line to Europe and had joined Sea-Land, P O and Nedlloyd within a spacepooling group, the Vessel Sharing Agreement
      Reuter  -  198 words
    • Article
      Lock icon Eastern's divisible assets smaller than anticipated
      467 29 NYT NEW YORK Creditors, retirees and others with claims against Eastern Airlines may end up dividing a much smaller amount than anticipated from the airline's bankruptcy liquidation. Martin R Shugrue Jr, the trustee who is overseeing the sale of Eastern's assets, said on Tuesday
      NYT  -  467 words
    • Article
      Lock icon Japan may export shipbuilding skills, says consultant
      344 29 Reuter AFP LONDON Japan, the world's leading shipbuilder, may export its work discipline and management skills to countries with lower labour costs, a shipping consultant told an industry exhibition. Japan might choose East European and developing nations to transplant its leading role in
      Reuter; AFP  -  344 words
    • Article
      Lock icon Seoul and Beijing hold talks on air services
      296 29 Reuter SEOUL Two South Korean Transport Ministry officials have arrived in China to discuss opening regular air services between the former wartime enemies, a Seoul newspaper said on Tuesday. The influential daily Dong-A Ilbo said the officials arrived in Beijing on Monday
      Reuter  -  296 words
    • Article
      Lock icon Federal Express, Nationwide team up
      183 29 Bernama KUALA LUMPUR Malaysia's largest domestic courier company, Nationwide, has linked up with Federal Express, an international air shipper, to enhance international air transportation assignments. Federal Express vice-presi-dent (South Pacific) Mr John Dauernheim said in a statement here on Monday that this alliance would enable
      Bernama  -  183 words
    • Article
      Lock icon New battery gives fresh impetus to electric car makers
      396 29 Asahi TOKYO Nissan Motor Co and a battery maker have developed a quickly chargeable battery that could give electric cars the power they need to be commercially viable in two or three years. Nissan said on Monday that the new battery,
      Asahi  -  396 words
    • NEWS SUMMARY
      • Article
        Sign of possible recovery for US airlines
        77 29 TRAFFIC increased for more than half of the major US airlines in April, signalling a possible recovery from months of losses stemming from the recession and fears about terrorism. One month's figures do not guarantee a trend, and it will be some time
        77 words
      • Article
        ANL selling second containership
        34 29 THE Australian National Line is negotiating to sell, or has already sold, the second of its newbuilding containerships to Japan/Korea trade partner K Line (Kawasaki Kisen Kaisha Ltd) Back Page
        34 words
      • Article
        US car output likely to hit 33-year low
        43 29 US CAR production in the second quarter will mark a 33year low, Wards Automotive Reports said on Monday, reflecting the severe sales slump that has plagued the industry for more than six months Back Page
        43 words
      • Article
        Soviet fleet seized at Peruvian port
        36 29 A Soviet fleet of 20 fishing trawlers were seized at a Peruvian port and put under naval custody after Peru rescinded a fishing accord with the Soviet Union Back Page
        36 words
      • Article
        Iran continues to fight oil slick
        42 29 IRANIAN experts and port workers fought an oil slick in the Gulf for the third straight day on Tuesday after the spill began threatening the port of Bandar Abbas in the Strait of Hormuz Back Page
        42 words
      • Article
        Aerospatiale head raps EC
        52 29 THE HEAD of the French Aerospatiale group. Henri Martre, on Monday criticised the EC for responding weakly to foreign competition. He also praised the decision of new French Prime Minister Edith Cresson to create a single ministry overseeing finance, the economy, the budget, industry and trade
        52 words
    • LOG BOOK
      • Article
        Cargo turnover up at two Indian ports
        84 30 BOMBAY Two Indian ports have reported increased cargo turnover for the last year. The port of Jawaharalal Nehru in Nhava Sheva, near Bombay, handled more than two million j tonnes of cargo last year. It reported an operating profit of US$2 million (553.5
        84 words
      • Article
        Loss for Royal Jordanian
        66 30 AMMAN The national Jordanian carrier Royal Jordani- 1 an incurred losses of US$lOO million (S$ 177 million) during the Gulf crisis, company chairman Houssan Abu Ghazala said on Saturday. He said the losses were mainly due to an increase in the cost of fuel and in
        66 words
      • Article
        Myanma Airways to HK
        64 30 HONGKONG Burma's national carrier Myanma Airways will next week resume flights to Hongkong suspended since the *****, Burmese consul Aung Lynn said on Tuesday. Lynn said Fokker F-28 aircraft would make the threehour 20-minute flight between Rangoon and Hongkong on Mondays and Fridays. The airliners, twin-jet
        64 words
      • Article
        US govt to claim Lost Squadron
        79 30 MIAMI The US government will lay claim to the remains of five navy planes that were found earlier this month, 45 years after they disappeared in the Bermuda Triangle, a Justice Department spokesman said on Tuesday. What appear to be the wrecks of Flight
        79 words
      • Article
        Mutsu leaves port for sea trials
        64 30 MUTSU Japan's sole nuclear-powered ship, the Mutsu, sailed out of here yesterday for its second month-long sea trials in the North Pacific, its operator said. The Japan Atomic Research Institute said the 8,242-tonne Mutsu left its home port here in Aomori Prefecture, northern Japan,
        64 words
      • Article
        Air France unions to strike
        75 30 PARIS Trade unions at France's national airline Air France on Tuesday announced strike action next month, as hospital anaesthetists went on strike in the first challenge to the new government of Socialist Prime Minister Edith Cresson. Unions said ground and cabin staff of Air France,
        75 words
    • Article
      DAILY FREIGHTS
      1470 30 DRY CARGO freight chartering was quiet on Tuesday with only a modest number of fresh fixtures reported, brokers said. But sentiment remained firm and some rates were higher, they added. The Baltic Freight Index (BFI) rose eight points to 1,677, showing gains in all grain routes. There was
      1,470 words
    • Article, Illustration
      Some optimism for US airlines
      1042 30  -  April air traffic gains may indicate that the future for US majors is not so bleak after all. Christopher P Fotos reports from Washington Christopher P Fotos TRAFFIC increased for more than half of the major US airlines in April, signalling a possible recovery from
      1,042 words
    • Article
      COCKETT BUNKER MARKET REPORT
      821 30 THIS twice weekly report, compiled by Cockctt Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockctt Bunker Price Index change and
      821 words
    • Article
      THE SHIPPING GUIDE
      12636 38 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
      12,636 words
    • Article
      SHIPPING AGENTS
      3298 43 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred C
      3,298 words
    • Article
      COURIER SERVICES
      248 43 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: 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: 296-5720.
      248 words
    • Article
      AIR FORWARDERS
      1517 43 Abex Express Freight Tel. 542-7171. Fax: *****84. Actinic Korwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax. *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,517 words
    • Article
      PORT CONDITIONS
      2015 44 ARGENTINA Buenos Aires: The dispute with the gantry crane operator spread to other machine/crane operators. The port was disrupted by union action. Although their demands have not been fully met, crane operators are working normally again. In the past few days arrival have outnumbered sailings and the port
      2,015 words
    • Article
      SHIP SALES & TANKER RATES
      353 44 SHIP SALES TANKER RATES VESSELS SOLD FOR FURTHER TRADING Bulk carriers Golden Rio: 38,186 dwt and built 1979. sold to Greek buyers in the region of U556.25 million. The Ourania I.: 27,571 dwt and built 1973, sold to Greek interests for around US$3.5 million. Motor vessels Kapetan Sideris: 58,718 dwt
      353 words
    • Article
      AIR FREIGHT SCHEDULE
      462 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B707F 0150 1 SEL KAL KE697 B707F 0440 1 BKK NCA KZ203 B747F 1930 1 NRT SIA SQ822 B747F 0710 2 BOM/LON KAL KE685 A30F 2345 1 SEL/MNL TOMORROW
      462 words
    • Article
      CRUISE & FERRY SCHEDULES
      216 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Ports of Calls Pott Agent MAY 26 26 Ocean Pearl 0700 1700 P Klang-Sin-Brunei Reefer Lines 27 01 Fuji Maru 0800 0800 Tokyo-Hong Kong- Mitsui O S K Lines Sin-Tokyo 28 28 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang
      216 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        559 45 Vessel Voy No Berth Arrival Departure Keppel Wharves Bott Ann BA010 K33 22 05/2300 Cora Pcess 029 (P) K29 aloi*side 22.05/1800 G Enterprise 004 K34 alongside 24 05/2300 Kota Benar E 899 K32 alongside 2305/1800 L*a 1 3/91 K30 alongside 22 05/0700 SC1621J 1/91 K30 alongside 2205/1315
        559 words
      • Article
        CONTAINER SCHEDULE
        1422 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Baiance Rstts Ship Voy No Etb/Btr Period From To From M Goncharov 28SI91 24/1500 2 22/1700 23/0659 23/0900 4 23/1200 23/1459 23/1700 Aka Bhum 492N 24/0645 1 22/1500 22/1659 22/1900 3 23/0700 23/1159 23/1400 Mart 902 25/0600 3 23/0700
        1,422 words
      • Article
        IN MALAYSIAN PORTS
        269 45 PlilWt Port Berth in Butterworth on May 22: 1: Kocaeli I; 2: Sammt Blonde; 3: Malayan Success; 4; nrf; 5: AKa Bhum; 6: Um Superb Penanf Wharf: NB: nil; CB: B.ntang Mekar; SB: HMS Manchester BCT: Bl Bunga Kiambang; BU: Bronson; i/B: ml. VOTP: ml. Out on
        269 words
    • Article, Illustration
      ANL selling the second of its newly-built containerships
      419 46  -  From John Spiers IN SYDNEY THE Australian National Line is negotiating to sell, or has already sold, the second of its newbuilding containerships to Japan/Korea trade partner K Line (Kawasaki Kisen Kaisha Ltd), according to reliable sources. The 2,668-TEU vessel, Australian Endurance,
      419 words
    • Article
      Lock icon US car output likely to hit 33-year low
      315 46 UPI DETROIT US car production in the second quarter will mark a 33-year low, Wards Automotive Reports said on Monday, reflecting the severe sales slump that has plagued the industry for more than six months. However, the weekly statistical report said in
      UPI  -  315 words
    • Article
      Lock icon Soviet fishing fleet held in Peru
      196 46 AFP LIMA A Soviet fleet of 20 fishing trawlers were seized at a Peruvian port and put under naval custody after Peru rescinded a fishing accord with the Soviet Union, port authorities said on Tuesday. Fishermen from the Soviet fishing company Sevriba are expected
      AFP  -  196 words
    • Article
      Lock icon Iran still fighting oil slick near Bandar Abbas
      407 46 Slick drifted down the Gulf from damaged Kuwaiti oil wells UPI ATHENS Iranian experts and port workers fought an oil slick in the Gulf for the third straight day on Tuesday after the spill began threatening the port of Bandar Abbas in
      UPI  -  407 words
    • Article
      Lock icon Aerospatiale chief attacks EC for weak response to competition
      277 46 AFP STRASBOURG The head of the French Aerospatiale group, Henri Martre, on Monday criticised the EC for responding weakly to foreign competition. He also praised the decision of new French Prime Minister Edith Cresson to create a single ministry overseeing finance,
      AFP  -  277 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      95 29 SSWEE HENG METAL CO PTE LTD No 13, Tuas Avenue 14, S£QRE 2263 FAX: 861-2946 TEL:66I-5855(5LMES)/Hgi M Soto Apani > TLX RS ***** SHMCPtg MM Commercial Cleaning 1\ Equipment Industrial Maintenance Equipment Also buy .sell rental repair IFB INTERNATIONAL FREIGHTBRIDGE PTE LTD 70 Shenton Way Marina House #13-02 Singapore 0207
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      Page 29 Advertisements Column 2
      51 29 Air Forwarders 15 A* Freight Schedule 16 Cockett Report.... 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freghts 2 Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Gmde 10.11 Stipsales/Tanker Rates 16 Slaps in Port 17 Singapore Tides 17 Weather and Sea Conditons
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      Page 31 Advertisements Column 1
      2453 31 C. JAROINE SHIPPING AGENCIES ■I MM A<3 Cantonment Road It 12 OS Southpomt, Singapore 0208 Alllf# Tel *****11 TELEX NO RS ***** IVCTTTBVB TERMINAL CFS Tel *****18 220 Bmnl rm bookings t<h *****34 258 Han VAf PESAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 TELEX NO MA*****/MA***** PENANG
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      Page 31 Advertisements Column 2
      929 31 MDEX TOMVERTOERS Pane Col l'a*f Col Macoline 18 3 Maersk Line 3 4/5 ABC Containerline 12 I Corp 'J \n Accord Group 8 1-3 MeKury ine 12 2 APL 5 3 5 >in ,g APC Line 13 5 4/5 ASCL 5 1 MOSK (Forest) 5 5 ANL 3 1/2 M
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      Page 31 Advertisements Column 3
      1901 31 ■QGEna TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA 18 DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/LONGDEACH 19 DAYS Vessel Voy ETA I ETD "Port "Penang DESTINATIONS Singapore Kelang This week M»nt Maarak 9106 Feeder by 20/5 oeoo hrs m Pimo Hi ■■■■■■■IHMHViiVIBHfIBMMIHMIIiiBHB CFS 27/5 2359 MRS OAK LGB HOU MEM
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      Page 32 Advertisements Column 1
      1248 32 1. _i ROTTEDAM/j VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE TOKIO EXPRESS 99/120 237s 13/6 11/6 10/6 KAMAKURA 17/320 25/5 11/6 13/6 16/6 17/6 (BUmUM! KASUGA 15/121 30/5 20/6 18/6 17/6 i Alt WESTBOUND P MONTE ROSA 13/321 1/6 19/6 21/6 24/6 25/6 ROAM ft KNAN6 CARfiO ELBE
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      Page 32 Advertisements Column 2
      585 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 30/5 11/6 13/6 19/6 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOM, PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX SAI (PERU) ISLA FLOREANA 2208E 30/5 1/6 3/7 6/7 8/7 9/7 Agents SINGAPORE: *****11 .lardine
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      Page 32 Advertisements Column 3
      1435 32 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY S* ALG BCL HAM BRE ROT ANT Fa LMA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9111-3 24/05 13/06 14/06 17/06 18/06 19/06 20/06 21/06 22/0 C JAPAN SEA 112 V* 31/05 20/06 21/06 25/06 26/06 27/06 2S/06 29/06 30/06
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      Page 33 Advertisements Column 1
      1460 33 sSSteamers Ma WgjTp&o Containers Vo yNo Pen/+Pkl S'pw* Al| Sou An« Rot Mb I I AURA kiAERSK *10< 11,05 70/05 23/05 06 06 09/06 10 06 12/06 TABU BAY 0524 U/05 20/05 25/05 U/06 13/06 15/06 lEXA MAOISM 9106 25/05 27/05 29/05 13/06 16/06 17/06 19/06 NEWPORT BAY 0526 25/05
      1,460 words
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      Page 33 Advertisements Column 2
      610 33 iritime Holdings Ltd ■TIV STRAITS SHIPPING f thuufi ta Broad, last Malaysia, Baagkak aatf Vtotaaai ACCEPTS DUE SAILS CARGO STRAITS HOPE ¥07E KK. Ska«i. Taw In Port M May RAIAH BROOKE *15£ Muara tab. KK 26-27 May 21 May 29 May STRAITS VENTURE VIOf Muara. Lab. KK 29-30 May 31
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      Page 33 Advertisements Column 3
      2248 33 TO: U.S.A. PANAMA FM: U.S.AJPANAMA V OM IGB cm FDB M« NO* NYC BC Ml 1H Ol IB OU V CHOYAN6 PMtK IF 120 25/5 15/( 21/« M/C 5/7 «/7 7/7 »/7 CHOYANG SIM W* 115 l#/« 12/4 14/4 l»/4 »/4 25/4 1/6 AMERICAN Si NAT OH EFI2I l/C 28/8
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      Page 33 Advertisements Column 4
      370 33 BHHH STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR OSAKA/NAGOYA/ YOKOHAMA AMBALIKA V 62 NB ETA SPORE 6/6/91 ETA PK 8/6/91 COSMIC LEADER VI NB ETA SPORE 10/6/91 ETA PK 13/6/91 MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE
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      Page 34 Advertisements Column 1
      595 34 m CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL/VXJY S PORE 1 ROAM,ADAM H BURG BREMEN ANTWERP MATARAMj2SWB m 22/7 27/7 31/7 3/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ect to Inducement Al*o accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa, Trieste ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO
      595 words
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      Page 34 Advertisements Column 2
      947 34 J& H W W, HANJIN SHIPPING rTporTILEH RTM ANR HAM BRV FEL I FEEDER VSL J SIN UNE HAUL LGB OAK HANJIN CHUNGMU 078W 31/5 19/6 20/6 21/6 21/6 22/6 23/6 I HANJIN MSC 2551 Vn Jn HANJIN LONGBEACH 033W 4/6 22/6 23/6 24/6 24/6 25/6 26/6 HAN N OIK
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      Page 34 Advertisements Column 3
      1341 34 41 A AM■II m I 1 1 I -A—■—l 1 1 m— a i r» 1 j-til zMI I«'«■ 1 a i I mi SGP HKG KSG KLG PUS WT OSK NGY SMZ TYO LAX CHS BAI NYC LHV ANW ROM Tl» WG WO CMB MO. SOP I I GENTKY
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      Page 35 Advertisements Column 1
      1563 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS NEPTUNE UNK TEL *****00 UK/EUROPE SERVICE-*****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 MM TERMINAL OFFICE -*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 nepline sdn bhd Malaysia K.LHO3) *****33, P. Kelang-<O3) *****87.
      1,563 words
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      Page 35 Advertisements Column 2
      468 35 ISTiTTTFVHF^H^HI ANTWERP 26/5 KAOHSIUNG26/5~1 COLOMBO 1/6 BREMEN 26/5 KEELUNG 26/5 BOMBAY 25/5 HAMBURG 26/5 HON6 KONG 27/5 KARACHI 25/5 LEHAVE/LONDON 26/5 MADRAS 27/5 FELIXSTOWE 26/5 MANILA CHITTAGONG 26/5 GENOA 26/5 BUSAN 31/5 CALCUTTA 26/5 MARSEILLES 26/5 BANGKOK 25/5 1 ROTTERDAM 26/5 JAKARTA 26/5 PORT KELANG 31/5 SYDNEY 26/5 PENANG 31/5
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      Page 35 Advertisements Column 3
      959 35 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 TRANSHPPED AT ROTTERDAM ttgflS *0* HXC WT SM PHI WG
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      Page 36 Advertisements Column 1
      1604 36 K" W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) MB MM TEL' *****77 TELEX: KAWAKIRS23I6S FAX: *****79 t 1 H |\I ■J* MALAYSIA: 'K" UNE MARITIME (MALAYSIA) SDN BHD I U 1V M W*J TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAIHA LTD
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      Page 36 Advertisements Column 2
      1135 36 fop* PHIU-ORI€NT UN€S PTC LTD 108 ROBINSON ROAD #07-00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA Sflfafrir WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION VANCOUVER. S'WESTERN ONTARIO. 27 MAY DUBAI, DAMMAN, SHARJAH,
      1,135 words
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      Page 37 Advertisements Column 1
      1534 37 PACIFIC INTERNATIONAL LINES (PTE) LTD Jw mm P| L Building, 140 Cecil Street #03-00, Singapore 0106. pAKARTA 1 [BANGKOK VESSEL VOY SIN 4KT SIN VESSEL VOY SIN BKK SIN BUNQA TERATAI 213 2«/5 28/5 2/6 INGENUITY 134N 24/5 27/5 31/5 MAJAPAHIT 9108 27/5 30/5 KOTA PANJANQ 9115 25/5 28/5 1/8
      1,534 words
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      Page 37 Advertisements Column 2
      1049 37 benTane containers ltd pT^IFTJ^Tn 200 Cantonment Road Tel: *****22 I "j"!* J I 1 #13-05 Southpoint l jj% Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT M MYANMA wBßk FIVE STAR UNI vov nos spo« E shampton aonggna f M yanmar National Line) >aaf —-75— —wi-
      1,049 words
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      Page 37 Advertisements Column 3
      148 37 Mc-PAC FREIGHT EXPRESS /7j_ jT\\ (INCORPORATING NIHON-ASIA AND NAN-SHIN) WEEKLY FCL/LCL "CONSOL" SERVICE:17 CR: **********0E USA including aH IPI 29/5 HONG KONG 29/5 UNITED KINGDOM 2/6 M KEE/KAO 26/5 SYD, MELB, BRIS, ADEL 27/5 P. KELANG/PENANG 25/5, 26/5 FREMANTLE 27/5 B BANGKOK 24/5 15 MCCALLUM STREET TEL: *****22, *****89 #06-03
      148 words
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      Page 37 Advertisements Column 4
      194 37 S* JESSELTON @WW Off® ST 5 JMn Way. IMC MMIq Span 01N Tata: RS ***** Fit *****37. Tai: Z2SS3M ACCEPTING CARGO ETC) ETA ETA ETA AT PPT PS SPORE MUARA LBN KK APRIL GLOKY VUE/91 Sailed 24/5 25/5 26/5 EASTERN GLORY VUE/9124-25/5 26/5 29/5 30/5 31/5 APRIL GLORY VISE/91 27
      194 words
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      Page 40 Advertisements Column 1
      690 40 TO AUSTRALIA/NEW ZEALAND fvs [sin Ifr.m l ltMb [lyd lAuck InpE |P CHALM BKUSSEL 271 "51/5 6 6 tl/C IV6 20/6 22/6 24/« C VEROIME 272 14/6 20/S 25/6 1575 4/7 7/7 ANTWERPEN 273 27/S 4/7 9/7 13/7 IJ/7 22/7 24/7 MARTHA 275 5/5 »/8 13/8 lt/S 24/1 2C/S 21/8
      690 words
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      Page 40 Advertisements Column 2
      1106 40 ■rl. Till INia EXPORTS TO HONGKONG, TAINAN I JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NCO KOB II VESSEL VOY SIN IPKL PNG BLW SW TSK MELOOY 25 25.5 **20 5 24 5 31 5 46 5 6 <
      1,106 words
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      Page 40 Advertisements Column 3
      1465 40 §1 g? CHINA OCEAN SHIPPING COMPANY ,1-,-™,, FULL CONTAINER LINER SERVICE #15 00. SINGAPORE 0207 TABLE- COSTARLINE CR NO **********0 M C lU General Agents: OOOTAR SHIPPING PTE LTD TO HONGKONG AND CHtNA FROM MONO KONG AND CHINA vessel, voy sgp hw w a w on on vcsscl/vpy w ai
      1,465 words
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      Page 41 Advertisements Column 1
      970 41 roC CONVENTIONAL 9MMVICK Vtssal PKL PNC P C. Loading fo< A VESSEL 28/05 Rotterdam/Antwerp china ruu. coNTAonta »avic» Vessel SGP PKL BKK HKC QIN SHA YANCFANGKOU 151 026 03 6 07/6 12/6 16/6 YANGFANGKOU 153 02/7 03/7 07/7 12/7 IS/7 Also accepting ether cltineu ports «ia HKC AwrmxuA run, cowtaiwm
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      Page 41 Advertisements Column 2
      338 41 RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 Lines) m FAX: *****15/*****03 IfTl] TELEX: RS ***** RISHIP (3 Lines) PO~~iTiiiopu«rsiiippiNinijw^ (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOR SPORE ABBAY WOUZ 28WB 3<VO5 DARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 21WB 30/06 DARESSALAAM
      338 words
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      Page 41 Advertisements Column 3
      1076 41 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD i E« IT* HI SPORE PORT KELANG PENANC BLUE JADE 26/5 Loading lor Male WVAI HUOHU 29/5 Loading lor Calcutta DOLPH* 28/5 Loading For Male PIONEE* SUPSEMf 2/6 Loading for Male OONAKULHI 30/5 Loaded For Felniraru r«OGKSS LBERTY 6/6 Loading (or Maldives
      1,076 words
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      Page 41 Advertisements Column 4
      416 41 matM TMR-IK VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR 160N 26-27/05 01-03/06 09-09/06 TIGER BAY 161N 01-02/06 06-10/06 16-16/06 TIGER STAR 162N 09-09/06 15-17/06 23-23/06 ~V9L VOY SMGAPORE/CALCUTTA/SMGAPORE VESSEL VOY SIN CAL SM LHOTSE 402 24-25/05 29-31/05 06 07/06 EAGLE CAPE 11 2S-2S/05 03-05/06 12-12/06
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      Page 42 Advertisements Column 1
      1395 42 .A. m MA C-NELS SINGAPORE 1 export tel. *****22 import tel *****02 PENANG TEL: (04) *****6 IKK TEL: (088) *****0 TAWAU TEL: (089) *****9 P. KELANG TEL: (03 *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I~|\-/\"V W J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 PADANG TEL:
      1,395 words
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      Page 42 Advertisements Column 2
      380 42 i Mippvvvwfpm ffgfc BLUE STAR LINE SINGAPORE TO Jj) P NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PtY *UCK LTT PREMIER 12S 30 May 11
      380 words
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      Page 42 Advertisements Column 3
      748 42 THONG SOON LINES PTE. LTD. 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 |VOY |ETA iPEST VESSEL VOY ETA
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      Page 42 Advertisements Column 4
      363 42 NVOGC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. POUTS FREQUENCY MTH ETA SM TRANSIT TM AUCKLAND 3 SAIMGS 30 05 14 DATS BANGKOK 4 SALMGS 25/04 3 DAYS CHTTAGONG 4 SAIMGS 5 DAYS COLOMBO 3 SAHMGS 02/ 04 5 OATS DUBAI (IMC)
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      Page 44 Advertisements Column 1
      166 44 f¥g~ SIGNIFICANT SHIPPING consolidation services DUBAI, BAHRAIN. DAMMAM, MUSCAT, ABU DHABI, DOHA, SHARJAH, BANDAR ABBAS AND JEDDAH. HOCHIMINH, DANANG, NHATRANG, CANTHO. VUNGTAU, HAIPONG, QUINHON. ETA SIN 30/ MAY, 4/JUNE PIRAEUS. LIMASSOL. TRIPOLI/LIBYA, TRIPOLVLEBANON, BEIRUT/OUZAI. ISTANBUL. IZMIR. TUNIS. MALTA/VALETTA, LATTAKIA, ADEN. BENGHAZI, ALEGIER, ALEXANDRIA. P. SAID AND P.SUEZ. ETA SIN 28/
      166 words
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      Page 44 Advertisements Column 2
      7 44 Innovation Technology in Business Times every Tuesday
      7 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      303 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 **********00 ******************************00 *****100 2200 2300 JR 1.3 1.2 1.3 14 1.7 2.0 2.2 24 2.3 2.1 18 1.4 1.1 09 0.8 09 1.2 1.5 1.9 2.2 24 2.3 2.1 1.7 PP 1.2
      303 words
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      Page 46 Advertisements Column 1
      769 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUWP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FUDO VOY M Ptt SW LWE HAUL VOY LBH OAK SEA UK HAUL VOY T CM/SEA PTL IMNG CHUH 125 26/05 27/05 29/05 H. IWtOVATOt 41E 24/06 27/06 31/0« TOWER BROGE
      769 words
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      Page 46 Advertisements Column 2
      49 46 >Jf OFFICES: JW MACOLINE IS" SIS* PORT KELANG: 03 *****06 SIN-PASIR GUDANG-PALEMBANG CONTAINER SERVICE VESSEL SIN PG SIN PLM Bunga Setawar PMOI7 24/5 25/5 26/5 27/5 Bunga Setawar 1/6 2/6 3/6 4/6 CONVENTIONAL SERVICE VESSEL ETA SIN PORTS "B SETAWAR 24/5 PALEMBANG SUSANNA" 26/5 PANJANG JKT HAKURYU' 26/5 PALEMBANG
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      Page 46 Advertisements Column 3
      505 46 CHARTPOINT Every Saturday in Business Times Ifm* Hr. f»* NKlm |MMh.»«MI T»n I IIM |0« IMOU I DM. |01. |WTC OUR USA Mrn ccouirc PAI I c m Bwm a7T iomtoi caaaus inn* i/t m i M/t a/4 a/4 a 4 a/4 a/4 eiMO*BrtDC M t mm »si» a/5 tuumm
      505 words