The Business Times, 3 April 1989

Total Pages: 52
1 52 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 MONDAY, APRIL 3, 1989 75 CENTS
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  • 598 1  -  Design centre for printed circuit boards and ICs to be set up By WILLIAM CHIA SCI SYSTEMS Inc, the world s largest contract manufacturer of electronic components, will expand its Surface Mount Technology (SMT) production lines in Singapore and so strengthen its position
    598 words
  • 230 1 NST MALAYSIAN Prime Minister Datuk Seri Or Mahathir Mohamad will resume his official duties tomorrow. He told the New Straits Times in London yesterday that he would resume work the day after his return to Malaysia this evening from his three-week holiday. He visited
    NST  -  230 words
  • 372 1 AFP TAIWAN'S central bank on Friday announced a package of measures, including interest rate hikes, to tighten credit and slow down the country's fast-growing money supply. The re-discount rate the rate the central bank charges commercial banks for loans was
    AFP  -  372 words
  • 167 1 Reuter PRESIDENT Corazon Aquino has postponed a planned trip to Moscow and is under new pressure to make up her mind on the future of US military bases in the Philippines. Mrs Aquino's trip to Moscow was originally scheduled for May or June,
    Reuter  -  167 words
  • 290 1 OUR April Fool's jokes in BT's weekend edition of April 1-2 tickled funny bones in the island and beyond yesterday, with at least one news service falling completely for the Pappadum Pam story. The wire service sent out the story saying that Pamella Bordes, at
    290 words
  • 262 1 Reuter INDONESIA has imposed a 10-per-cent value-added tax (VAT) on 21 categories of services, effective April 1. Among the services that are now subject to VAT are construction, oil and gas exploration services, cleaning, warehousing, repair and maintenance of industrial equipment, and
    Reuter  -  262 words
  • 405 1 AFP PRESIDENT Ranasinghe Premadasa has offered a peace package. including an amnesty and parliamentary seats, to anti-gov-ernment rebels in a bid to end continuing political violence in strife-torn Sri Lanka. The president told a youth festival in the town of Girandurukotte on Saturday
    AFP  -  405 words
  • Page 1 Advertisements
    • 293 1 Need a housing loan? W\VR)ONG 737-7977 IllPj Wky foong Mortgage And Finance (S) Ltd A wholly -owned suhsidurv of Hongkongßunk 6 lav more Hill #03-01 Claymofc PWi Singapore (W22 MORE and more people are beginning to realise that corporate communications as PR now calls itself is more than mere window-dressing
      293 words
    • 199 1 Company Newt South Korea 4 Coming pay talks crucial Japan 4 Land prices surge higher The US 5 High price for import curbs Britain 5 Industrialists to meet Gorbachev Alaskan oil spill 6 Questions to be answered US Federal Reserve 8 Move to keep credit policy steady Local banking 9
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    • 9 1 P*rsp«ctiv«, PAGE 10 1 k m -v 4 <yj'
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    • 124 1 MIKIMOTO f h«' Originator of ultim-ri Pearls Since 1893 9 C. T. HOO 27 TM|fea M #01 22 Ti 1024 Ttl: 236M43 7344*3 fim% CMtra T«l: *****47 iTI READ ALL ABOUT Singapore's bustling maritime industry in our special, information-packed Singaport '89 supplement today the very day that the Port of
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  • MANAGEMENT
    • 1432 2 Emerging importance of corporate communications The Economist WHEN Denys Henderson took over as boss of ICI, a British chemicals giant, in 1967, he was amazed to discover that Britons thought the company boring, even though profits were soaring and its research into heart pills and other
      The Economist  -  1,432 words
    • 918 2  -  By CHARLES BATCHELOR FT FORGET FOR a moment the management inadequacies of corporations and look at the problems which confront the small- and medium-sized businesses. A small minority is set up by professional managers; with experience in running parts of large corporations but
      FT  -  918 words
    • 670 3  -  BOOK REVIEW By SAID ABDULLAH Tltle: The Silent Salesman Authors: David Judd, Bert Aalders and Theo Mel is Publisher: Octogram Books SILENT SALESMAN? A contradiction in terms to be sure but this is not the only thing unusual about this book. In packaging and presentation,
      670 words
    • 938 3  -  By CHUANG PECK MING A SIMPLE OBJECTIVE, backed by top management and sustained by on-going planning and down-to-earth considerations these are the strategic ingredients that have shaped a successful training programme for the Public Utilities Board. The programme, catering for a staff of 7,275,
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    • 1055 3  -  CiL Spotlight on xD Management By YEO JEU NAM Yeo Jen Nam is a senior manager at Ernst A Wtunney Consultants MANY ORGANISATIONS face the question of retaining and motivating their top executives and managerial staff. A variety of remuneration and compensation packages have been offered as
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  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 21 3 AI)IL E M M A does one celebrate being voted by Fortune magazine as 'The Most Admired Computer Company' in 1989?
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    • 117 3 Ybu don't have to buy a copier to make copies, Just sign up with the Gestetner r •l N 1 Use any of our wide range of copiers according to your copy capacity. no cash outlay no service charge no maintenance fee Our Business Advisors will guide you in determining
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  • ASIA-PACIFIC
    • 714 4 Spring talks crucial for competitiveness AFP THE ANNUAL ROUND of pay rise negotiations due in the next few months is crucial for the competitiveness of South Korea's economy, already weakened by a rapidly appreciating currency and social unrest, analysts in Seoul say. The
      AFP  -  714 words
    • 295 4 Reuter THOUSANDS of South Korean workers, some throwing petrol bomb and stones, clashed with riot police in the southern city of Ulsan last Saturday, witnesses said. About 4,000 people fought pitched battles with police outside the giant Hyundai shipyard where a strike has
      Reuter  -  295 words
    • 305 4 AFP INDIAN Customs officials have allowed the transportation of 4,000 tonnes of coal into Nepal despite a trade suspension imposed by India on March 23, an official Nepalese source said last Saturday. Indian Customs told the state-run Nepal Coal Company to transport the entire
      AFP  -  305 words
    • 146 4 AP VIETNAM, beset by the chronic struggle of feeding a growing population, is currently conducting its second nationwide census since the Communist Party came to power in 1975. Some 200,000 officials will participate in the week-long project which began last Saturday, the official Vietnam
      AP  -  146 words
    • 326 4 AP THE RATE OF INCREASE in land prices slowed in Tokyo last year, while real estate prices increased more sharply in other areas of Japan, according to a government report released last Saturday. The annual report released by the National Land Agency showed
      AP  -  326 words
    • 259 4 AFP BURMA'S military authorities say the state will maintain control of several key economic sectors under legislation replacing a 24-year-old law on socialism. The government published last Saturday a new State Economic Enterprises law after announcing on Friday that it had scrapped the
      AFP  -  259 words
    • 449 4 AP VIETNAM'S communist autocracy has reaffirmed the need to reform the country's rigid economic and political system, but also left no doubt it will not tolerate any challenges to its authority or basic socialist principles. Comprehensive reform requires efforts to "broaden socialist
      AP  -  449 words
    • 275 4 AFP CHINA, with its severe lack of qualified workers, is to adopt its first nationwide job training scheme, the China Daily said last Friday. The programme aimed at ensuring that all of China s millions of workers will be receiving
      AFP  -  275 words
    • 99 4 AFP CHINA has proposed lending seven billion baht (US$2BO million) to the Thai government for construction of a lignite power plant in northern Thailand. The pro-government Bangkok Post newspaper last Friday quoted the minister attached to the Prime Minister's Office, Chalerm Yoobamrung, as saying
      AFP  -  99 words
    • 351 4 AFP BANGLADESH'S booming garment industry is becoming a haven of jobs, social security and dignity for millions of poor and undereducated women. Some 350,000 girls and women between the ages of 12 and 40 constitute 90 per cent of the workers in Bangladesh
      AFP  -  351 words
    • 962 4 ARRIVALS Operator Sorvk* Local From number tkiM IAC KZ555 0055 MAA su SO 407 0700 DEL SU SQ405 0745 MRU SU SQ23 0755 AMS/80M su SQ27 oeoo CPH/HLA MAS MH640 0820 KM UAL UA819 0820 SFO/NtT SU SQ403 0635 DHA MAS MH653 0910 F€N MAU MK742 0910
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    • 226 4 AFP SOUTH KOREA recorded a trade deficit for the first time in 19 months in March due to sluggish exports and a sharp increase in imports, the Trade and Industry Ministry reported in Seoul last Saturday. Exports last month amounted to U555,310
      AFP  -  226 words
  • Page 4 Advertisements
    • 98 4 MMS TELECENTRE Your Partner In Business INBOUND TELEMARKETING: Incoming Inquiries From Promotional Activities Order Taking And Credit Verification OUTBOUND TELEMARKETING: Qualification Of Prospects For Meeting Invitation To Seminars/Conferences Launching New Products/Services Conducting Service Audits Market Research And Surveys Pilot Testing MMS WHO'S WHERE LIST: Mass-mailing Data-bank Telemarketing List Market Information
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    • 42 4 The busincu person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Chang Airport at 22:C5 hours and arriving at Lester B Pearson International Airport the Mloving day. CjII your Tmvl \gent or Air Cuuda M 7}2t5SS. A BREA TH OF FRESH AIR
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  • REST OF THE WORLD
    • 372 5 UPI JAPANESE INVESTORS are no longer as anxious to buy US buildings and are instead eyeing agricultural land for cattle and citrus orchards, according to a new report by the accounting firm Arthur Young Co. "The Japanese believe beef and citrus import restrictions
      UPI  -  372 words
    • 394 5 AP A HONOLULU FAMILY is giving state lawmakers until the end of April to decide if the state will buy picturesque Palmyra Island. The asking price is US$33 million. Palmyra Island is an uninhabited coral atoll 1,545 km south of Honolulu, the capital
      AP  -  394 words
    • 331 5 AP THE worst oil spill in US history drifted towards fish hatcheries yeeterday as Alaska's governor threatened to cloee the valuable Trans-Alaska Pipeline if oil companies fail to protect against future spills. The bulk of the 10.1-million-gallon (38.2-million-litre) slick began moving on Saturday towards
      AP  -  331 words
    • 155 5 NYT THIRTY LEADING industrialists are to meet President Mikhail Gorbachev during his UK tour this week in an attempt to boost trade with the Soviet Union. Prominent businessmen expected to attend include Lord King of British Airways. Robert Maxwell of Maxwell Communication Corp, Sir Ralph
      NYT  -  155 words
    • 130 5 Reuter PRAVDA on Saturday urged Soviet party officials defeated in last weekend's elections to the Soviet Parliament to take a critical look at themselves, but stopped short of calling for their resignation. In a first comment on the runaway victory of Kremlin rebel Boris
      Reuter  -  130 words
    • 386 5 UPI PRESIDENT QEORQE BUSH gave an impromptu assessment of some of his predecessor* on Friday, calling Teddy Roosevelt "a man of some action", Dwight Eisenhower "a hero" and Harry Truman a man who spoke his mind. But he delivered his biggest tribute to Ronald
      UPI  -  386 words
    • 498 5 Study on quotas in three major market segments UPI QUANTITATIVE RESTRICTIONS on US imports of vehicles, steel snd textiles and apparel cost consumers US$2O.9 billion per year, reduce overall employment and depress exports. A study by the US Federal Trade Commission staff entitled
      UPI  -  498 words
    • 228 5 Reuter US AGRICULTURE SECRETARY Clayton Yeutter has decided not to attend world trade talks in Geneva this week. A US administration official said in Washington on Friday that Mr Yeutter had intended to spend a short time either on Wednesday or
      Reuter  -  228 words
    • 198 5 AP A TOP Communist Party researcher acknowledged in an article published on Saturday that more than half of Soviet citizens did not have enough cash for a "rational consumer budget". G Zhuravlyov of the Academy of Social Sciences did not say that poverty existed in the
      AP  -  198 words
  • Page 5 Advertisements
    • 37 5 Focus, PAGE 6 DEFINITELY A DILEMMA. I does one celebrate being voted by Fortune magazine as 'The Most Admired Computer Company' in 1989, as well as being the only company to have sold over 1 million LaserJets?
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    • 2 5 |V>| mi<M
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    • 203 5 V' -<» J v* v MIU HOT f" -*>» H fit i* 3lt I •rc*r "I like to show you Hong Kong from our special point of view. I J i> i+y*t rJk At The Excelsior, Hong Kong, there are many points of view Some say we're Hong Kong's premier
      203 words
  • Page 5 Miscellaneous
    • 148 5 mmi Singapore OUTLOOK: Showers ovwr many mn in Mm 23/20 Rain 17/11 Clear 19/10 Rain 17/14 Roin 25/11 Clear 10-02 Snow 21/15 Roln 26/15 Clear 03/01 Cloudy 11/01 Clear 34/25 Fine 13/07 Cloudy 21/10 Clear 20/06 Clear 27/23 Cloudy 03-02 Clear 21/17 Shower* 27/23 Showerj 29/21 Clear 23/10 Clear 20/11
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    • 58 5 Doonesbury BRIAN, WHAT THEY'RE AT 6ENWSHTALARB BRAL. THZXB'RZ THOSeP&K AF&tiOTHER \BOfSAT?I FORMtRSWmS lUANTTOSENP TWtZASHJUL.* FLOWERS... ePHOWS, ANPY URP/N con... 3 31 ANPY UPPINCOTT* ANDY HAS... yas AIPSf FULL-3U FULL-BLOWN, AS-my SAY IN THE Aipsaz. m I BY GARRY TRUDEAU OH, MY 00P... YOU KNOW n1 SORRY... 8 fl 7 UERSQUTTB
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  • FOCUS
    • 909 6 When a tanker, Exxon Valdez, ran aground on a reef, spilling millions of gallons of crude oil into Alaska's Prince William Sound, it raised more questions than the tanker owner expected. These articles examine why this was so. NYT WHEN THE US Congress approved
      NYT  -  909 words
    • 589 6 NYT/AFP CHIPPING oil-stained ice from the bow of his boat. Russell Roetman seems the ultimate Alaskan jack-of-all-trades: he got rich during the oil boom, went broke in the energy recession, stayed alive as a fisherman, and now is planning to ride
      NYT/AFP  -  589 words
    • 827 6 NYT THE POISONOUS EFFECTS of the Alaskan oil spill could be unusually persistent. according to scientists. That was because volatile petroleum components such as benzene have dispersed in the ocean under the slick, which was making it impossible for the compounds to
      NYT  -  827 words
  • Page 6 Advertisements
    • 158 6 Every day, a beautiful bronze lady looks out over the harbour of Copenhagen. Sitting as testament to the power of love. Explore the legendary cuisine of Scondinovb p. X' >• mi* fc S < •#l^l J /-.A. '%MM -*35w ■-wMm Sfwa •h^wsH *%l§o v:m«B ?fv^l -?i\433SJ For generations, the legend
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  • Page 6 Miscellaneous
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  • COMMODITIES
    • 195 7 FURTHER all-round buying and a tight supply situation saw the price on the Kuala Lumpur Tin Market (KLTM) reach a new three-year high last week, closing at M 525.23 per kg, up 74 sen from the previous week's close. Dealers said there was genuine demand from European, Japanese
      195 words
    • 226 7 THE MALAYSIAN rubber market closed steadier last week with April Ones RSS buyer rising half sen to 297 sen per kg on some covering ahead of the weekend from the previous week. The market opened higher after the Easter holidays on short-covering encouraged by higher levels on the Singapore
      226 words
    • 137 7 Telerate FUEL OIL PRICES drifted higher and lower through the week in line with prices of Simex's HSFO futures contracts. Fundamentals remained relatively unchanged and price movement was more on market sentiment than actual deals done. Towards the end of the week quite a few buyers
      Telerate  -  137 words
    • 149 7 A RESUMPTION of selling by commodity funds extended losses in most Chicago Board of Trade soft winter wheat contracts late under fast market conditions last Friday. New-crop July posted the lone gain supported by commercial buying, floor sources said. Orexel Burnham Lambert, Refco and Rodman and Renshaw were featured
      149 words
    • 239 7 THE MALAYSIAN crude palm oil market eased last week on speculative selling and buyers' reeerve in line with weaker palm oil futuree and further loeaes on Chicago soyoil futures. The market opened higher on covering and speculative buying on reports that Pakistan would be in the market for
      239 words
    • 106 7 AGGRESSIVE BUYING by Tenco In the May contract supported Chicago Board o* Trade soybeans, which closed mostly higher but off session highs last Friday. Traders suggested much of Friday's buying was short-covering ahead of USDA's crop acreage and stocks reports. Soybeans bounced to session highs near mid-day on lo-
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    • 910 7 AFP TIN took centre-stage last week, with European free market prices surging to a new three-year high, while most other markets traded quietly following the Easter weekend. Tin's renewed strength raised doubts about the future of the supply-rational-isation scheme operated by the Association of
      AFP  -  910 words
  • Page 7 Advertisements
    • 215 7 8m Page 9 for London Markets and Produce Prices does one celebrate being voted by Fortune magazine as 'The Most Admired Computer Company' in 1989, as well as being the only company to have sold over 1 million LaserJets, plus a 50th Anniversary? The PC and Peripherals event of the
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  • MONEY AND EXCHANGES
    • 569 8 Cautious approach to further restraint Reuter THE US Federal Open Market Committee (FOMC) voted 10-2 at its February 7-8 meeting to keep credit policy steady, with a bias towards further restraint, minutes of the meeting showed. Federal Reserve presidents Lee Hoskins and Robert
      Reuter  -  569 words
    • 722 8 Reuter TRADING in US government securities will be cautious in the days leading up to Friday's employment report for March, but most analysts expect prices to remain firm until then. Many of the factors that intermittently pressured bonds late
      Reuter  -  722 words
    • 494 8 in# prim« itnaing riitt Of 12 ma|or banks In S'pora PLR of banks at the ck MS of business on Friday, M tor 31 as supplied by ths Association of Banks in Singapore BANK PUt ABN Bonk 6% Allied Irish Bonk PLC 6% Amoricon Express Bonk 6%
      494 words
    • 506 8 Gold Financial futures Sin Huat Bullion STRONG EVIDENCE that Loco-London gold may be returning to bearish ways emerged last week when the metal shed US$7.lO per troy ounce and came perilously close to testing its two and a half year support at U*****.50/377 00. Speculators sold heavily when it opened
      Sin Huat Bullion  -  506 words
    • 175 8 Gold futures on Mar 31, 1989 100 tray ouncw; USS p*r troy our n Op— High Law MM* Apt 383 50 385.80 383.50 3*5.10 2.90 May ***** 2JO Jun 387 80 390.50 387 60 390.00 3-*0 Aug 393.30 395.70 393-50 395.20 >1.90 Oct 399.90 401.30 399.50 401.10
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    • 1004 8 ASIAN CURRENCIES generally declined last week as the Japanese yen tumbled against the dollar ahead of a weekend meeting of the Group of Seven (G-7) leading industrialised countries in Washington. But a few currencies defied the trend. The Malaysian ringgit rose sharply while the Hongkong dollar, the Philippine
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    • 232 8 ASIAN CURRENCY av*rag« d*pos)f rates for 1 lh« wnk •noto Mor 31 MD P RICES us M* Low 7 days 10 3/16 9 3/16 1 —1> 10 1/4 9 7/1 2 10 3/1 9 15/16 3 moMht 10 1/2 10 6 10 7/0 10 1/4 9 mmtm
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  • Page 8 Advertisements
    • 492 8 owr V multinational y) statesmen whose influenced the coui Make the Connection Make it Manila '89 WIDE OPEN WORLD BUSINESS WITHOUT BARRIERS PROMOTING BUSINESS THROUGH COMMUNICATIONS Manila, 23-28 October 1989 K J Led by top executives from multinational corporations, chief executives from V multinational and national agencies and senior >S\
      492 words
    • 35 8 QUALITY CAR AT TH E BEST PRICE come test drive THE LONG AWAITED Rl9 IS FINALLY HERE. 0 TEST DRIVE AND FEEL THE CONTINENTAL DIFFERENCE. „—T "H;, Keep your investment decisions on target JI BY
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  • BANKING AND FINANCE
    • SMALL CHANGE
      • 100 9 FORMER CITIBANKERS are virtually running the show at the Oversea-Chinese Banking Corporation. Among the local bank's crop of eight executive vice-presidents, a level below the chairman and chief executive officer, six were formerly senior executives from Citibank. They are Mr Wong Nang Jang, Mr Lai Teck Poh,
        100 words
      • 67 9 Some of you may remember reading in this column about Standard Chartered's treat last Christmas when it presented its strings quintet. Well, Singapore Finance, with assistance from the Ministry of Community Development, decided to follow suit. The finance company presented "An Afternoon of Classical Guitar Music"
        67 words
      • 86 9 1$ POSB's February issue of its in-house bulletin, it was reported that Dec 19 was designated as Credit POSB Polling Day. No, they were not thinking of electing a new Cabinet or Members of Parliament, the bulletin said. It was polling day for employees of the financing
        86 words
    • 488 9 Bernama PROJEK LEBUHRAYA Utara-Selatan (PHjs), the concession company undertaking the North-South expressway (NSE) project, has received offers amounting to M 53.4 billion from Malaysian ocal financial institutions for a syndicated term loan of M 52.5 billion to finance the project. Chairman Tan Sri
      Bernama  -  488 words
    • 170 9 Chinese Produce Exchange Stiltrs' noon doting pfkvi i on Apr* 1 (SS/100 kg) Coconut oil h* FOB 106.00 Od drum FOt 118.00 Now drum FOB 122.00 Copra Mixed (Ioom) 65 soliofs Pepper Muntok wMl* FOt NtW 706.00 Sarawak whit* FOB faq NLW 690.00 Sarawak ipadal black FOB NLW
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    • 256 9 London Commodity Exchange Buyer/Seller dosing prices on Mor 31, (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis in-store London, sellers option OF London May 1099/1100 (1096/97) High/Low 1110/1090 July 1068/69 (1062/65) High/Low 1075/55 Sata (2271) Cocoa May 826/827 (818/819) High/Low 827/820 July 833/834 (825/828) Ugh/Low 835/827
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    • 392 9 Reuter BANKAMERICA Corp chairman AW Clausen said his bank will support interest relief for debtor countries like Mexico that are applying strong economic adjustment programmes. Mr Clausen, in a luncheon address to the American chamber of commerce in Mexico City last Friday, said
      Reuter  -  392 words
    • 402 9  -  By SOH HANG KENG THE BANK for Foreign Economic Affairs, a state bank in the Soviet Union, will soon make its debut on the Asian dollar market with a US$75 million note issuance facility (NIF). BT understands that the lead manager for this
      402 words
    • 248 9 Reuter THE BANK of England said its printing works had placed an order through Thrissell Ltd for the development and manufacture of a two-note-wide web press to be built by Molins pic. It gave no financial details. This press will be modelled on
      Reuter  -  248 words
  • Page 9 Advertisements
    • 226 9 v t£ i < aC- <- M ls» r a i," '»•<•«■ t l NMB Bank s new head office is located in south east Amsterdam. We bank your way. It's the one single reason for our growth. Because at NMB Bank, we believe in partnership with our clients. We
      226 words

  • PERSPECTIVE
    • 1302 10  -  Deregulation, technology and the need to make profits are changing the image and role of a bank, reports Will Ollard. Will Ollard The Economist THE CONSENSUS that has dominated and defined banking is breaking up. Traditionally bankers have felt happiest doing whatever
      The Economist  -  1,302 words
    • 993 10 With foreign exchange reserves second only to Japan's in the world, Taiwan's businessmen are casting their eyes on investments abroad. The Economist THE BUSINESSMEN of Taiwan are broadening their horizons. Business and political caution once restricted their overseas investments in American property. Now, they are
      The Economist  -  993 words
    • 506 10 NYT AS SOVIET voter* begin preparing for the next round of fledgling democracy, Mikhail Gorbachev, who stirred up the current excitement is hailing the results as proof of "people's power", not party weakness. Speaking to a group of Soviet editors last week, the Soviet
      NYT  -  506 words
    • 546 10 AFP TEN YEARS after Indonesia outlawed politics on university campuses, atudent demonstrations are making a comeback, with most protests aimed at the country's various development plans. In the past few months, the press has been publishing an increasing number of reports detailing complaints, often by
      AFP  -  546 words
  • Page 10 Advertisements
    • 73 10 TTaacßtt Fills The Job ®aQ[p§ Be it accounting, secretarial, clerical, banking, dataprocessing, marketing, computer or any office support services, when you have an urgent dead-line to meet, you can depend on us for excellent temporary/permanent staffing assistance any time of the day. We believe in getting the right people down
      73 words
    • 49 10 S H A N G K I L A INTERNATIONAL IN BEIJING WHK R K ELSE BUT THE SHANGRI-LA The finest name in China's capital city, §j Shangri Let hotel SHANGRI LA INTERNATIONAL: SINGAPORE 235 1311 SMANGM U IWTKNATIOMAL NOTILS tmi KSOCTY CWWA FIJI HONG KONG MALAYSIA SINGAPOH TWAILANO
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  • THE ARTS
    • 1312 11  -  BOOKS By BARRY JAMES IHT GRENOBLE in the 1770s was a charming provincial town in France where an obscure artillery officer passed the time reading Rousseau and pursuing what he later avowed were "a few quite piquant adventures". The officer was Pierre
      IHT  -  1,312 words
    • 566 11 NYT ECHOES of the drsmstic turbulence of the 1960s dominated the 73d annual Pulitzer Prize awards aa Neil Sheehan's book about the Vietnam War and Taylor Branch's study of the American civil-rights struggls gained honours, along with the Heidi Chronicles, Wendy Waaaerstein's plsy
      NYT  -  566 words
    • 1006 11 NYT LOOKING at the best-seller lists In England, France and West Germany, one might think there was no such thing as a European common market, in books at least. With one or two exceptions the three lists are quite different, and European publishers expect little
      NYT  -  1,006 words
    • 745 14 MUSIC The Economist IN SOME WAYS, piano virtuosi are not what they were. In the nineteenth century, the charismatic Franz Liszt inspired such devotion that a female admirer was supposed to have worn one of his cigar butts as a piece of jewellery.
      The Economist  -  745 words
    • 464 15 ART UPI DUTCH MUSEUMS are negotiating the largest exhibition ever of Vincent Van Gogh paintings, with hundreds of borrowed works worth millions of dollars to be displayed in 1990, 100 years after the death of the Dutch master. according to an organiser in Amsterdam
      UPI  -  464 words
    • 312 15  -  By SAMUEL EE MONET UNWITTINGLY immortalised his name in impressionism when one of his works was glorified and taken as an inspiration for other srtists in the early 1800s. Perhaps the late 1900s will spark off a new movement of sorts, too, st the United
      312 words
  • Page 11 Advertisements
    • 156 11 This happy businessman is smart. J He increases his sales without any cash problems. He is PAID on time. He never has a slow paymaster. He did it by calling Hong Leongl Singapore Finance al Free yourself from cash flow problems created by credit sales and improve turnover with FACTORING.
      156 words
    • 61 11 10 BRUNO MAGLI >V V it X pa SPRING IS BRUNO MAGU Boutiques: Centrepoint #01-30 Tel: 737 4509 Forum Galleria #01 46 Tel: 732 8%1 Open Daily from 10.00 am to B.oopm Comers: Metro Orchard Metro Grand. Lucky Plaza Also Available at: KUALA LUMPUR: Celeste Leather. Yow Chuan Plaza Rosebelle
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  • Page 12 Advertisements
    • 445 12 Congratulations to FELS on the completion of TLWP for CONOCO S BANQUE INDOSUEZ Shenton House, 3 Shenton Way Singapore 0106 Tel: *****11 A Full Service Bank in Singapore since 1905 HAVEN AUTOMATION (SINGAPORE) PRIVATE LTD. (A Mambcr of The Atta-Laval Group) 29/31, Gul Avenue, Jurong Town, Singapore 2262. Tel: Office
      445 words

  • Page 13 Advertisements
    • 655 13 A new dimension in offshore construction The hull of the TLWP is made up of 24 structural blocks from 60 MT to 300 MT in weight. These consist of nodes and pontoons forming the lower hull and columns forming the upper hull The 12.19 m diameter columns together with the
      655 words

  • Page 14 Advertisements
    • 714 14 It Where to entertain. tf DIAN XIN Treat yourself to a Delectable Dian Xin lunch. All-you-can-eat for only $13.50* per person. Lunch Hours: 11.30 am 2.30pm •(%J» 10\ service cnarge 3% go»«nmer* toi %P A Hvcrr REG»cy® Sngapore 10-12 Scorn Road 0922 le« *****68 £1 ;i ■> At Phoenix Cofiee
      714 words
    • 151 14 Exptore the legendary cuisine of Scandinavia i tr.-T. For generations, the legend of Hans Christian Andersen's Little Mermaid has entranced many. Similarly, the legendary cuisine of Scandinavia is worth exploring. Sample over 60 tantalising favourites in a lavish daily lunch buffet. April I—3o Adult: $33++, Child: $17+ We serve the
      151 words

  • Page 15 Advertisements
    • 210 15 So much to choose for only $21.50 A sumptuous spread with many diferent types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, tortes...cheese board, fresh fruit...freshly brewed coffee. All for $21.50 And for $27.50 you can add a roast or a choice of 6 main courses to
      210 words
    • 40 15 White out of Black Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. KM ANN 1 WEfNKFI I ■> c vP. Nr. 4 907*44 03* s
      40 words
    • 45 15 OCKY'S PIZZA PASTA Conveniently Located For Your Luadi/Diaacr (Jaat Behind Ptmului Place) 9 Emerald Hill, Sli|iport 0922 TeL*****70 *****73 Opea Ilia 11pm dally Alto located at Smm( Way t> Roxy Sfaan WE DELIVER! Fttmction Room AvmiUbk For Your Offict PmrtUa, Lmmck Met tings, Birtkdmy Partus
      45 words
  • Page 15 Miscellaneous
    • 702 15 1 A rod of copper, chromium, etc (5) 6 Dollar pieces! (5) 9 As Issued to worker on strike! (7) 10 He gives guidance to a goody-goody group (5) 11 Of ball ammunition? (5) 12 Not quite a page-one heathen (5) 13 It's funny how some mice get In the
      702 words
    • 648 15 Fearless friar OUR CHOICE THE ASSISI UNDERGROUND, Channel 5, 9.90pm Ben Cross (remember Chariots of Flrtff) plays a resourceful and compassionate Franciscan friar who helps Jewish refugees escape from Nazi-occupied Italy. Based on Alexander Ramati's novel, this four-part series also stars Karl-Heinz Hackl, James Mason and Irene Papas. FOREIGN CORRESPONDENT,
      648 words

  • SPORTS
    • 505 16  -  MARATHON By CHARLES SAVAGE THE CLOUDS DARKENED but the rain held off yesterday while Briton Helen Gilbey. Singapore's top female athlete, helped about 300 running enthusiasts prepare for the Dec 3 Mobil Marathon. The 33-year-old College of Physical Education lecturer, speaking at
      505 words
    • 206 16 BASKETBALL AP CLYDE DREXLER's three-point play with 1:13 left in overtime put Portland ahead for good and the Trail Blazers held on to defeat the Charlotte Hornets 125-121 in National Basketball Association (NBA) action last Saturday night. prexier's two free throws with sixCseconds remaining made
      AP  -  206 words
    • 252 16 SNOOKER AFP FORMER world snooker champion Alex Higgins, who has gone six years without winning a major title, looks in the mood to end that barren run after sweeping through to the Irish Masters final in Eire on Saturday. The controversial Irishman
      AFP  -  252 words
    • 419 16 YACHTING AFP A FAR-SIGHTED Japanese syndicate beat the rest of the world to the punch by challenging New Zealand for the America s Cup six months ago, says the man who last week won a protracted court battle for yachting's greatest prize. New Zealand merchant banker
      AFP  -  419 words
    • 492 16 AP THE SAN DIEGO Yacht Club's America's Cup organising committee voted unanimously last Saturday to recommend the club appeal a court decision that disqualified the club's catamaran and awarded the trophy to a defeated New Zealand challenger. The recommendation of the 11-member committee
      AP  -  492 words
    • 274 16 UPI JULI INKSTER, breezing through a tournament plagued by hot temperatures, shot a 1-over-par 73 on Saturday and increased her lead to five strokes alter three rounds of the US$6OO,OOO Dinah Shore tournament The first LPGA major of the year in California awards
      UPI  -  274 words
    • 296 16 GOLF AP MIKE DONALD held a two-stroke lead despite five bogeys and a 2-over-par 74 in Saturday s third round of the US$BOO,OOO Independent Insurance Agent Open in Texaa. Donald started the day at 10-under-par with a tour-shot lead over Seve Balleeteroa His
      AP  -  296 words
    • 320 16 TENNIS AP FOR Gabriela Sabatini, beating Chris Evert in the finals of a big tournament a few blocks from home was a perfect way to spend a Saturday afternoon. The top-seeded teenager from Argentina, who lives in Key Biscayne, withstood an Evert rally for a 6-1, 4-6,
      AP  -  320 words
  • Page 16 Advertisements
    • 92 16 And to a time of discovering new opportunities in sports footwear and fashion. Pack in some extra time while you're here and visit us at our Tech Centres over at Raffles City Shopping Centre and Plaza Singapura. You'll discover more opportunities than you expected! new balance* P.S. Bring along your
      92 words

  • COMPANIES & STOCK MARKETS
    • 713 17 mob mm™ HOCK LOCK SIEW BY NOW, the continuing war of words for the minds and shares of Apollo shareholders can be simply distilled down to two issues pride and price in that order. Bidder Hong Leong has steadfastly stuck to its guns, refusing to
      HOCK LOCK SIEW  -  713 words
    • 684 17 AFP MORE LISTED FIRMS in Hongkong are tipped to switch their legal domiciles overseas before the British colony reverts to Chinese rule in 1997, following in the footsteps of local British trading house the Jardine Group. "I wouldn't be surprised at all"
      AFP  -  684 words
    • 514 17  -  But after-tax loss drops by 23pc By ROSIE TAN APOLLO ENTERPRISES Ltd, currently in the centre of a takeover controversy involving its directors and the Hong Leong group, has turned in another set of dismal results for the last financial year, its
      514 words
    • 423 17 I INSAS BHD: Group loss after tax of Msl.o6m (MsB 06m) on turnover of MsB.69m (Msl2.Blm) for the year ended Dec 31. 1968. Bottom-line profit attributable to shareholders of M54.42m (loss of M524.59m). Loss per share of one sen (loss of 7.3 sen) and net tangible asset per share
      423 words
    • 501 17  -  By FOO CHOY PENG Hongkong Correspondent SINGAPORE STOCKS are the most popular foreign securities handled by brokers in Hongkong, according to a research report. The report carried out by the Stock Exchange of Hong Kong Ltd's membership department, shows that only 42 member broking firms,
      501 words
    • 142 17 Company RIGHTS ISSUE 0 C Bonk Ope-lor-to o 0 JO 75 per si We b-dai» M *rck 9 Books ch>M k Morct. 23 Acceptance Payment: May 12 George Town Three- ter-N «o $1 00 per store Ex-date: Mi Kdi 13 Books dos* k More* as Acceptance A fBfent:
      142 words
    • 343 17 Company RIGHTS ISSUE Ayer Httom Tin One for-one $110 (W shor* Berjayo Corpn On*-*or-on* $1 00 por p*r shor* C 1 Holdings 27 mtlion loon stocks in Hi* ratio of S3 loon stock for *y*ry five ordmory Cavsewoy Inv shores hefd Hsu* of S7.2S2.937 nominal (Mount of 6%
      343 words
    • SES
      • 1471 18  -  r 1 Singapore p L A By ANDREA BORCH THE LOCAL MARKET last week lost some of the momentum gathered during the past month, with analysts predicting a period of consolidation in the coming weeks. "The market looks like it will be consolidating
        1,471 words
      • 155 18 BRITISH-AMERICAN TOBACCO COMPANY (BHHQAPORE) LIMITEO: 46th AGM at the Registered Office. 57 Senoko Drive, Singapore on Wednesday April 5 at 11.30 am. MALAYSIAN TOBACCO COMPANY BERHAO: 32nd AGM at the Ballroom. Hotel Equatorial. Jalan Sultan Ismail, Kuala Lumpur on Wednesday April 12 at 11.30 am. CARLSBERG BREWERY MALAYSIA
        155 words
      • 6016 18 196 High 8/88 Low T*l Cod* Company Laat Sal* MAR SI +orVol f000) W High Mi Low Laat O ■«y*r 1 uol* Of* Dhr Dhr CVr Or** rid N*t P/E M Cap SmH SECTION ONE MDUSTRIAL COMMERCIAL 162 85 260 167 135 460 244 350 132 167
        6,016 words
    • MARKET REVIEWS
      • 560 19 II j I Hongkong DBS Securities THE HONGKONG MARKET slipped lower last week as sentiment was depressed by news of companies shifting their domiciles out of the territory and China's hostility towards Hongkong petitioners calling for the release of Chinese political prisoners. Ignoring the surge
        DBS Securities  -  560 words
      • 708 19 K.Lumpur j MBT SHARES PRICES finished firmer last week st the Kuala Lumpur stock market although mixed trading was featured in four of the five sessions. On days when mixed trading was registered, gains overshadowed losses. Oversll, scattered doubledigit gains were posted.
        MBT  -  708 words
      • 697 19 [Kil Tokyo Ira 4 AFP SHARE PRICES rose sharply on the Tokyo Stock Exchange last week, with the Nikkei Stock Average hitting record highs Wednesday through Friday. The closely-watched market barometer closed out the week at 32,838.68 yen for a massive 1,270.16-yen weekly
        AFP  -  697 words
      • 234 19 AFP AUSTRALIAN STOCKS went through a lacklustre short week last week, with falls in all sectors despite turnover-boosting options-related trading. McCaughan Oyson Capel Cure options manager Qrahame Pratt said overseas activity in Australian equities was minimal despits rises on other Pacific bourses, largely
        AFP  -  234 words
      • 709 20 m jj ew York FT THE FIRST disquieting signs of speculative excess are creeping back into the trading on Wall Street. There is the wave of takeovers, announced and merely rumoured, in the US airline industry, a highly cyclical business that is experiencing
        FT  -  709 words
      • 98 20 Reuter SHARE PRICES shot up last week, fuelled by high hopes of better company results for the financial year starting April 1. Brokers said anticipated heavy institutions! demsnd. from traditionally active buyers at the start of the year, also bolstered the market. 'Moet companies have performed
        Reuter  -  98 words
      • 916 20  -  1 irnD| London A By RAY HEATH THERE IS a strange lack of movement in one important sector of the London stock market, and others sround the world. Shares in the oil majors are not falling. Indeed, as the oil price begins to rise
        916 words
      • 792 20  -  m By RICHARD HARRIS Enskilda Securities IT IS RARE in European business circles for the subject of the 1992 removal of customs barriers to arise later than five minutes into any kind of discussion. 1992 is also affecting sction it
        Enskilda Securities  -  792 words
      • 1043 20  -  Compiled bv JULIANA TAY Week ended March 31 SCRIP ISSUES Bousteodeoi Proposed bonus issue of one-for-ten. H Leong Rm Proposed bonus issue of one-for-five. S Rnancet Proposed bonus issue of one-for-ten. Semto Shlpyordi Proposed bonus issue of one-for-ten. U O fa Proposed bonus issue of one-for-five. CORPORATE DEVELOPMENTS
        1,043 words
    • WORLD MARKETS
      • 806 21 New York Reuter WALL STREET stocks closed broadly higher on Friday, propelled by merger news that affected airlines and regional banks. NWA Inc soared on news of a US$9O per share bid. Traders linked some activity to last-minute portfolio switches on the last day of the
        Reuter  -  806 words
      • 979 21 London AP Reuter LONDON share prices closed sharply higher on Friday, recouping Thursday's losses, amid relief that the expiration of the March futures contract didn't bring an expected sell-off in the underlying stocks. Retail trading activity remained dull, however, as players awaited further evidence on the
        AP; Reuter  -  979 words
      • 216 21 UPI BILLIONAIRE Donald Trump said he is pleased with the deal he cut to buy Eastern Airlines'* lucrative north-east shuttle, and he hopes to have it up and running as the Trump Shuttle in four to six weeks. Mr Trump agreed last
        UPI  -  216 words
      • 1023 21 Amsterdam MAR 31 ABM FLS 41.4 92 S uncft 102 6 >02 AJuo 149 0 Alranta 160 2 03 AMEV 52.3 AMRO 81 0 -02 Am Siad 146 5 -0 3 BOLS 137 0 uocfi Boraomy 144.9 Buahrman Taflaroda 067 Catva •2 0 5 CSM 630 Ela«vt«r 660 Fofckar 433
        1,023 words
      • 358 21 Reuter MGM/UA Communications Co, the entertainment company which distributed this year's Os-car-winning film "Rain Man", said in Los Angeles on Friday Australia's Qintex Group would purchase it for more than US$l billion. As a second step in the complex transaction, a firm
        Reuter  -  358 words
      • 343 21 FT CONTROVERSIAL proposals controlling mergers in the European Community have been significantly toned down by the European Commission to try to resolve a deadlock. Changes put forward by Sir Leon Brittan, Commissioner for Competition Policy, would cut dramatically the number of large
        FT  -  343 words
      • 582 21 NYT AN OFFER to acquire Northwest Airlines for US$9O a share in cash, or about US$2.6 billion, has been made by Marvin Davis, the oilman and investor, and a group whose identities were not disclosed. In a letter to the board of NWA Inc,
        NYT  -  582 words
      • 290 21 FT CHATEAU LATOUR, producer of one of France's finest clarets, is set to come under the control of Allied-Lyons, the UK brewer of Benskin's Best Bitter and Ballantine's whisky. Allied-Lyons has had a 25.2 per cent stake in Chateau Latour for 26 years. Now
        FT  -  290 words
      • 398 21 NYT A MESSAGE first seen last year on T-shirts worn by friends and colleagues of Michael Milken appeared last Friday as the headline of a full-page advertisement signed by dozens of prominent business executives and lawyers: Mike Milken, we believe in you.
        NYT  -  398 words
      • 133 21 UPI JAPANESE electronics giant Sony Corp is negotiating to buy MCA Inc, the entertainment conglomerate that owns Universal Studios, it was reported in Loe Angeles last Friday. KNX-AM, a CBS-owned news station in Los Angeles, did not put a price tag
        UPI  -  133 words
  • Page 17 Advertisements
    • 5 17 More results on BACK PAGE
      5 words
    • 387 17 Financial Newsmakers Singmorine Industries Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT (1) ACQUISITIONS Of 99.98 PER CENT. OF THE ISSUED AND PAID-UP CAPITAL OF EAGLE ENGINEERING COMPANY (PRIVATE) LIMITED ("Eagle") AND 100 PER CENT. OF THE ISSUED AND PAID-IN CAPITAL OF PACIFIC SEACRAFT CORPORATION ANO PSC LAND CORP. ("the
      387 words
  • Page 17 Miscellaneous
    • 32 17 amm 0/KdC/ y 77/f/*&/c/r /'U- W7/ ctfes/A &v/i CAr-^tAv&/&0 CKJc/^jA/p /W&: /r: tUA*£//*/&&.. i Mk: i by Martell 77/47*4 A *46*r/C*A, <r. 3/ w/rr/Uco*frter777afi/ A&OCT r rv/A/xts^dx*/ s&u? cv* 0&Z77/ r?6£ 77/SA/..
      32 words



  • Page 20 Advertisements
    • 573 20 NOTICES Sandoz Master Builders And Ceilcote Join Forces In a move to consolidate all its operating companies around the world, the Construction Chemicals Division of Sandoz AG Switzerland has been renamed MBT, which stands for Master Builders Technologies. In line with the Group's strategy to establish its new corporate identity
      573 words
    • 377 20 WAICHOY CONSTRUCTION (SINGAPORE) PTE. LTD. (IN VOLUNTARY LIQUIDATION) At an Extraordinary Oeneral Meeting of the Members of WAI CHOY CONSTRUCTION (SINGAPORE) PRIVATE LIMITED duly convened and held at 101, Upper Cross Street #04-43, People's Park Centre, Singapore, 0105 on the 31st day of March 1969, the following Special Resolutions were
      377 words
    • 521 20 IN THE MATTER OF THE COMPANIES ACT. CAP. SO and CHUAN RUBBER TRADERS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 50 Jin. Saltan #21-04 Jalan Sultan Centre, Singapore 0719 on 29th day of March 1969 the following
      521 words
    • 450 20 IN THE MATTER OF THE COMPANIES ACT. CAP. SO Pursuant To Section 290(2) (b) EPM ASIA PTE. LIMITED (In Members' voluntary winding-up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 15 Beach Road *03-02 Beach Centre, Singapore 0718 on Friday, 31 March 1989 at
      450 words

  • Page 21 Advertisements
    • 64 21 This announcement appears as a matter of record only UNITED ORIENT LEASING COMPANY BHD MYR 20,000,000 FIXED RATE TERM LOAN Arranged by ASEAN FINANCE CORPORATION LIMITED Funds Provided by Malayan Banking Berhad, Malaysia Guaranteed by ASEAN Finance Corporation Limited Commonwealth Bank of Australia, Singapore Branch DBS Bank Overseas Union Bank
      64 words

  • SATURDAY ROUNDUP
    • 101 22 REGULAR soldiers in the Singapore Armed Forces (SAF) have been given a pay rise ranging from 7 per cent to some 15 per cent. This went into effect on Saturday. Officers in the C salary scheme, which is the SAF's equivalent of the civil service's
      101 words
    • 61 22 A quick look at Saturday's main news L THE stock exchanges of Singapore and Kuala Lumpur have agreed that changes to their respective trading systems should be implemented "in tandem wherever possible". The committees of the two stock exchanges issued a joint statement after a meeting
      61 words
    • 107 22 THE government plans to help stabilise the real estate market through a regular land release programme for private development. This was disclosed by Dr Lee Boon Yang, the Senior Minister for State (National Development and Home Affairs), at the anniversary dinner of the Real Estate Developers' Association
      107 words
  • 494 22  -  JEL fails to match parent's performance By ROSIE TAN JURONG SHIPYARD LTD. benefiting from the buoyant ship-re-pair business, has chalked up a commendable 87.4 per cent rise in profit after tax but before extraordinary items to $25.93 million last year from $13.84 million previously.
    494 words
  • 693 22  -  By JEFFREY TSANG AS URBANISATION sweeps away more and more of the precious countryside, the Parks Recreation Department is studying ways to maximise returns on the scarce park space left. It recently commissioned a nation-wide study to survey the effectiveness of public parks in Singapore.
    693 words
  • 93 22 UPI THE US NAVY will be allowed to make its second port call since 1949 to China in mid-May just after the visit to Beijing of Soviet leader Mikhail Gorbachev. Diplomatic sources in Beijing said yesterday that the timing of the visit by US
    UPI  -  93 words
  • 274 22 UPI CAMBODIAN resistance leader Prince Norodom Sihanouk said yesterday that he had agreed to resume direct talks with the leader of the Vietnambacked Cambodian government after Phnom Penh offered new concessions to break the deadlock in peace efforts. In a statement issued from
    UPI  -  274 words
  • 356 22  -  By GENEVIEVE CUA CHUAN HUP Holdings has reported a higher after-tax profit for the half year ended last Dec 31. The diversified group, with interests in shipbuilding, building construction and computer-relat-ed services, turned in an af-ter-tax profit of $3.78 million (before
    356 words
  • LATE FILE
    • 80 22 Reuter THE deadlock in world farm trade talks is over as the United States and European Community have called a truce in their row over farm reforms, unblocking talks on this and other topics, EC officials said in Geneva yesterday. Arthur Dunkel, director general of
      Reuter  -  80 words
    • 56 22 AFP SOME 2,000 people demonstrated yesterday in the Solidarity stronghold of Gdansk, calling for independence for Poland and demanding the resignation of Polish leader General Jaruzelski. Police were conspicuously abaent as demonstrators took to the streets following mass at the parish of Saint Brigit's, which was attended
      AFP  -  56 words
    • 47 22 AFP SHOOTING broke out in the Haiti capital early yesterday amid unconfirmed reports of a coup against the military government of LieutenantGeneral Prosper Avril. Reliable sources said Lt-Gen Avril had been overthrown and was under arrest, but no official confirmation was available. AFP
      AFP  -  47 words
    • 64 22 AP SOVIET President Mikhail Gorbachev made a short but significant visit to Ireland yesterday, becoming the first Kremlin leader to set foot in the staunchly Roman Catholic country. It was also the Soviet leader's first foreign appearance since the Armenian earthquake cut short his US
      AP  -  64 words
    • 40 22 Reuter SOUTH AFRICA said yesterday that it was slowing a military withdrawal from Namibia after reported clashes with black nationalist rebels brought a UN peace plan for the territory to the brink of collapse. Reuter
      Reuter  -  40 words
  • 238 22 Reuter ALL SOVIET COMPANIES have the right to act independently on foreign markets as of Saturday but Western businessmen do not expect cumbersome trading links to be transformed overnight. "Maybe in three to four years we'll see the results," one Western
    Reuter  -  238 words
  • Page 22 Advertisements
    • 431 22 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. The bank that's setting up a fund to invest in unlisted local companies which are long on potential but short on capital. 2. Exclusive interview with the chief executive
      431 words
    • 57 22 THE SALE AT ELEMENTS The classiest menswear in town are now ridiculously affordable. Now on. ELEMHNTS THE MEN S SHOP 300 Orchard Road #03-07 The Promenade. Singapore 0923 Tel: *****48 Opens Mon Sat: I lam Bpm Sun 12pm 6pm This establishment is recognised and recommended by the Consumers Association of
      57 words

  • SHIPPING TIMES
    • PORT SIDES
      • 95 23 AUTHORITIES have issued an arrest warrant for the tanker captain suspected of drinking before his ship ran aground, causing a 2,590-square-kil-ometre slick that continues to grow. The bulk of the 38.2-million-litre slick began moving on Saturday toward Cordova about 80km southeast of Valdez, threatening the
        95 words
      • 76 23 AFP IRANIAN naval guards have seized over 45 Pakistani fishing vessels and detained most of their crews for allegedly poaching in Iranian waters, the daily Dawn newspaper said. Fishing sources denied the Iranian charge and said the vessels were fishing in Pakistan's Exclusive Economic Zone,
        AFP  -  76 words
      • 153 23 AP CUSTOMS OFFICERS have seized a record 320 kg of marijuana or cannabis products worth HK$23 million from two cargo containers from the Philippines and from a Chinese freighter, the Hongkong Customs Department reported. Three hundred kilograms of herbal cannabis were discovered inside two
        AP  -  153 words
      • 107 23 Bernama THE MALAYSIAN government is studying a proposal to build a port in Kedah to ease congestion at the Penang Port, state executive councillor Or Wan Azmi Ariffin said. The proposed port was necessary in view of the expanding industrial sector in the northern region, he
        Bernama  -  107 words
      • 124 23 UPI A CHINESE Navy training vessel left the northeastern port of Qingdao, bound for Pearl Harbour, Hawaii, where it will become the first communist Chinese warship to pay a call on a US port. The Zheng He, an army-navy training ship, is scheduled to
        UPI  -  124 words
    • 349 23  -  By G DURAIRAJ THREE SEPARATE reports on privatisation of the three biggest ports in Peninsular Malaysia are now before the government. The latest report, on Johor Port, was handed to the government last month. The reports were compiled by different consultants, namely Price Waterhouse for
      349 words
    • 361 23  -  By RAHITA ELIAS SEMBAWANG Shipyard has clinched a $14 million contract to repair the Mundogas Rio, a liquefied petroleum gas carrier heavily damaged by a missile in the Iranian-Iraqi Crossfire. The 15,530 dwt vessel, owned by Hareworth International Ltd, a division of
      361 words
    • 205 23  -  By JEAN FOONG NEPTUNE Orient Lines is to introduce paperless in-bond Customs clearance to all its ports of call in the United States this month. Ports benefiting from the service include Long beach, New York, Norfolk, Charleston, Oakland and Seattle. NOL
      205 words
    • 1025 23 AB Shpo VM 5 ABC Containorl XI 5 Accord Shpg vm AfS m 3 Ahronkiol Unor XN 4 Albotrot S«o A,r VM 5 AC Tooptar XM 5 Amorieon Tpt XJI 4 Arrow linos XI 5 Assoc Cornogo xw 5 ANi w AfC lino vn 4 API V
      1,025 words
    • 126 23 SHIPPING Times has kept pace with growth in the shipping industry through the years, expanding from just four pages when it first started in 1978, to what it is now. Starting today, we move one step further. Two more pages have been added. Plus, a
      126 words
    • 203 23  -  By RICHARD NG Writing for BT from Bangkok ITALIAN-THAI Development has won the contract to build the Mab Ta Phud deep-sea port in the southeastern province of Rayong. The Industrial Estates Authority of Thailand (lEAT) with Nippon Koei acting as their
      203 words
    • 61 23 Reuter ALAN HARPER has resigned as chairman of the Baltic International Freight Futures Exchange (Biffex) and as director of the Baltic Futures Exchange (BFE) following the withdrawal of his company. Coley and Harper Ltd, from dealing on the exchanges. Harper said he would stay on in both
      Reuter  -  61 words
    • 1200 24  -  By G DURAIRAJ THE CONCEPT of load centring of containers at Port Klang has been a much talked about subject for some years but has made very little progress. Now, with the rising threshold volumes of containers for a number of
      1,200 words
    • 168 24 Anro Consortium's members sponsored the World Bus charity voyage by shipping a red double-deckered bus to Australia at a substantial discount. The 31-year-old London bus —was loaded onto the Anro Adelaide ~Jast Wednesday. The vessel is expected to arrive at Fremantle on "April 4. An
      168 words
    • 399 24 GLOBAL Ocean Carriers has purchased a 27,000 deadweight ton bulk carrier Proepertty for US$3.6 million and a 29,000 deadweight ton bulk carrier Good Kid for US$5 6 million. It said it has taken delivery of the former and expects to receive the latter in Lisbon in early April. The
      399 words
    • 2396 24 Who acts for whom A —B AB Shipping Bouataad Shpg Aganciaa (SIABC Containartlna NV S'pora Shpg (8). Accord Shpg Accord Shpg (SyAccord Contalnar Una (PK/PN) Africa Ocaan Linaa Saallon Shpg (S) Ahranktal Linar Kim Shpg (S) Alfred C Toaptar Ocaanua Shipping Aganciaa (8) MuWport Sdn Bhd (PK) Ailtrana Alltrana Cxprsoo
      2,396 words
    • 515 25  -  By AL O LABITA Jr THE World Bank is set to invest in the Manila International Container Terminal (MICT) to boost the Philippines' bid to become a major transhipment centre in South-east Asia. Sources said the multi-later-al financial institution is initially
      515 words
    • 214 25 Reuter THE Hongkong-based WorldWide Shipping Group has become the leading shipper of oil to South Africa and is breaking embargoes of oil-producing countries, a Dutch monitoring group said. "World-Wide Shipping Group is currently the major oil shipper to South Africa," the Shipping Research
      Reuter  -  214 words
    • 978 25 CHARTERING on the dry cargo freight market on Thursday remained slow with minimal business reported, while the Baltic Freight Index dipped seven points to 1,624. The BFI drop partly reflected a mark-down on the US Gulf to Japan heavy grain sub-index to U5526.50 from $26,792 after further business
      978 words
    • 154 25 AFP BRITAIN will keep the Royal Navy in the Gulf "as long as necessary," British Foreign Secretary Sir Geoffrey Howe said in Qatar. Mr Howe then travelled to Manama, where he discussed the Palestinian uprising and the Lebanese crisis with
      AFP  -  154 words
    • 8409 32 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      8,409 words
    • 222 34 ALL SURVEYS were conducted on March 7. Argentina All ports Normal operation. Bangladesh Chittagong 25 vessels operating. Mongla 20 vessels operating. Brazil Santos 60 vessels operating. Rio de Janeiro 30 vessels operating. Cameroon Douala Normal operation. Chile All ports Normal operation. Cyprus Limassol and Larnaca Normal operation.
      222 words
    • 678 36  -  By RAHITA ELIAS STOLT Tank Containers Inc (STC) has shouldered the task of building up the "undeveloped but promising" Far East tank container market. STC president R J R Lee says educating the market forms a major investment for his company. "Of the eight
      678 words
    • 237 36  -  By LINDA CHEE SHIPPING TIMESs 11th cocktail reception last Friday saw nearly 200 guests crowded into the San Marco room of the Omni Marco Polo Hotel. The evening was a familiar annual event to many from the shipping community who came to renew ties
      237 words
    • 1433 36 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy date/time Op coda cargo schedule Location Bo*o»o BIm* 209N OS 04 89 1600 SI F5 mnt A3 9 lOACOkl OBIW 03 04 89 1900 AT 91 ooo1 •ooanocno B3/93 A*o Ac*
      1,433 words
    • 270 36 April 3-5 Singaport 89. Raffles City Convention Centre. Contact: The Conference Manager, Times Conference Pte Ltd, 19 Tanglin Road, #12-01, Tanglin Shopping Centre, Singapore 1024. April 4 Auto-draught recorders, technical meeting, 1730 hrs, Institute of Marine Engineers. The Memorial Building, 76 Mark Lane, London EC3 April 11-14 Freight
      270 words
  • Page 23 Advertisements
    • 31 23 THE SPEC/AUSTIN: Wire Rope Slings Lashing Materials Lifting Gears r J? TESTING J? FACILITIES J* AVAILABLE£OO INTERMARINE SUPPLY CO. (PTE) LTD. TEL 2KM33 (I UNEB) TUt MCCO RS ***** FAX: *****77
      31 words
    • 18 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. V
      18 words
    • 7 23 Shipping Times celebrates 11th anniversary, Page XIV
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    • 163 23 fmk w I, im Port Klang as a load centre THE CONCEPT of load centreing of containers at Port Klang has been a much talked about subject for some years but has made very little progress. Now, with the rising threshold volumes of containers, interest in the concept is gathering
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  • Page 24 Advertisements
    • 109 24 NOTICES M.V. "KAYASHIMA MARU" VOY. 1 ARRIVED SINGAPORE 25.3.89 Consignees of all damaged cargoes ex Che captioned veaael la hereby notified that a Oeneral Survey will be held on the 4th April 19W (Tuesday) at Keppel Wharves Kl9 from 0600 hours 1200 hours Ho farther survey will be entertained thereafter.
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  • Page 25 Advertisements
    • 764 25 um Ptidicafc'fi fo Qwulity Sef'vict* u»▼▼»? m »»ff _^r Jardines I II II *-W 1 H 200 CMtonmant tad #12 05 SMtfcpomt. Sovpon ©0« rn *****11 TEIIX NO R3 ***** TERMINAL/CFS T<t *****11 220 BOOKIN6S TH *****34 235 PCMNA JAROtNf SNIPPING AGENCIES SON BHO PORT KELAN6 TEL: 36*4118 Tttei No
      764 words
    • 778 25 MAERSK LINE This »M Lena M Ctoeing Tim# CY V 4 2300 HRS CFS 5/4 1300 HRS LEXA M MCKINNEY M LEOA M LICA M MAR IT M MARCHEN M LEIS€ M LOUS M Thla dm Leu M CY 5/4 2300 HRS CPS ft/4 1300 HRS LEXA M MCKINNEY M
      778 words

  • Page 26 Advertisements
    • 648 26 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HONGKONG EXPRESS MONTE ROSA AfcASKA MARU G*Y OF EDINBURGH LARGS BAY BONN EXPRESS BBNCAIRN LONDON EXPRESS 1 P KELANG SOUTHAMPTON a/4 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP 28/4 30/4 1/5 02/5 29/4 4/5 8/5 3/5 5/5 7/5 11/5 13/5 14/5 15/5 13/5 17/5 16/5 18/5 20/5
      648 words
    • 593 26 COLUMBUS LINE REEOERE! QMBH \JTV (A SERVICE OF HAMBURG-SUD EXPRESS SEMKOWTAfCR SEfIVKE TC S'PORE RDM/A DAM HBG MULL (U.K.) 20/5 24/5 m 1V» 19/1 22/1 12/6 U/7 15/7 18/7 J'l! I'M "f n (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COLUMBUS NIUGINI VSS 14-16/4 Port Moresby. La#, Rabaul. TAYBANK V9S 30/4 Rabaul,
      593 words
    • 929 26 II T <mrf L s b TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) PKI NORASIA Al MUNTA2AH VHM-3 1/4 2/4 if 4 27/4 1/5 2rt 2*4 3QM 2/5 8B A W W m 20* 21:5 21 5 KIffTSSLXKL, nj* Z& isfi a/* vis ws m NORASIA MUBARAK V
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  • Page 27 Advertisements
    • 1173 27 0 The Straits Steamship Group W* p&0 WVCont Containers r CONTAINER SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Bruno* Ports and Bangkok PEGASUS PIONEER V2SN OS 06 Apr 09 Apr PEGASUS PROGRESS VMM »10 Apr 12-13 Apr BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 Also Accepting Cargo For:
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    • 993 27 "EkCHO YANG LINE Alto KXM&Mf for InUnd UK destinations Antwp and Scandinavian parts. To Boenaventura/Barranquilla/Santa Marta/Cartagena/ Cristobal/Santo Domingo/Port Au Prince Pto Quetzal/Acaiutla/San Loren»/Corinto/Pto CakJera WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE EA3TBQUNQ HANJIN HASAN 471 QUEEN S WAV BRIOGE 07E CMO YANG PARK 01E HANJIN OAKLAND II L* tar
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    • 105 27 EAST MALAYSIA SMPTWC OT. IjPTEI LH 41-A AMOV STREET, STORE Mil. TEL: 222t3U (41INES) TCUX NO. EMVES RS2SJS9 SINGAPORE TO SARAWAK BRUNEI VESSEL VOY ETA ETO SRI LIKU 7/89 MIRI/K. BELAIT 12/4 13/4 Rmhwii org* at K (PSA hiiN Wharf) from Monday to Sato^y. (iiarina wnnnr office iel 2wm EURO
      105 words
    • 319 27 ff/ Hai Sun Hup Co (Pte) Ltii TEL *****06 (20 Lines) TLX R*****1 t R*****2 Hong Kong Yokohama 27/4 Nagoya Senbofcu 23/4 Hoi' 20/4 Tomakomai Tor Discharging Only NOTE C* l 1 OTHER JAPANESE POUTS, HONGK TAIWAN I CHINESE POUTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE tHRECT HOWTMt V a*ra«
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  • Page 28 Advertisements
    • 498 28 IXSINOSE MARITIME PTE LTD PTlfil ISLAMIC RiPUBUC OF wf'Ai I RAM SHIPPING LINIS IRANI AN SEA VICE IRAN EJTEHAD PJL6I7 IRAN EKRAM PJL6K Singapore Loading farEta 15/4 BANDAR ABBAS Eta 15/4 BANDAR ABBAS KYOWA LINE MOTHER VSI KYOWA HIBISCUS V.36 KYOWA VIOLET V.25 LOAD FOR: VILA. NMA. LTK. SUVA, PAGO,
      498 words
    • 673 28 (J?) HANJIN SHIPPING CO., LTD. F"i.: rAiNP.'Rist: -f:r\l i TO EUROPE VIA SUEZ MANJIN ROTTERDAM 2W CHOYANG SUCCESS 41W HANJIN HASAN OW HANJIN LI HAVRE IN Sport L«Hj»rt Rim HV| B'Kavon fitmn H* 21/4 VI4 21/4 30/4 1/5 3/5 4/S 5/5 7/5 l/S 22/« 10/5 11/5 12/5 14/ i IVS
      673 words
    • 243 28 LIN LIN SHIPPING PTE. LTD. i. MsfUins Road. OOSOI Central BuiMinf Singapore 0106 Tst: *****14 t 53M27 56"vk;£ 5 0"?«5 r 0 kuCHWG 518 1 SASK; s ii c iuCanAgents PASIR GUOANG JOHOR BAHRU UJUNGTANAH SHIPPING SON BHD JOHOR BAHRU TEL: *****1 *****4, *****6 TLX MACOM3 El 1 KIE WAN
      243 words
    • 772 28 SHIPPING Monday, April 3, 1969 m /i EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE ever genius ui ivu giant m EVER GENTRY ]2 EVER GATHER w fVH GOVERN .0* EVER GRAND ALSO ACCEPTING CARGO TO 1) PROVWNCS. NEWARK. SAVAM tnUMKTOH. KRMUOA ETC ATLANTA. CHICAGO DETROIT, s r: s is a as s
      772 words

  • Page 29 Advertisements
    • 1032 29 x PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES FAR EAST vessel VOY SIN jkt sav VOY SIN hkq kao net von moo ko« MAJAPAHfT MSB SM SM SM MMB 5/4 10/4 12/4 11/4 17/4 It/4 It/4 MAI QUANQ OtSB 23/4 2t/4 23/4
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    • 653 29 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINE Hont>on« Eipwa M »onU Rou M City t( Uinterfk I*4 L*r in an •h Eiprtu IX* I onto" iipcMt 27/4 iMtuni 2M Ktmbu'i Eiprtu (A MA* I HAff N RDM HAVRE vn 7** m* w *n an im Wi v» iw i*s
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    • 638 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES A VSL/VOY S'K MAT AR AM/2 3WB UH PALEMBANG/12WB 3-5 KUTAI/17WB 10-L ANTWERP H'BURG/ RDAM/ADAM BREMEN 11/5 16/5 6/6 11/6 13/7 11/7 lirfifrTt to Mucwnwii A too off
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    • 296 29 S'poro P Ketone Ldg for RIMBA MCRANTI ***** Sid Sid tot/Ant/UK Combo AAaioysion Ag«ntv Porkopolon Timor Lout Sdn BM Kb *****23 *****03/8 ft. Kolong: *****06/7 Slngopof* *****82/*****57 AB SHIPPING OONCATEO WEEKLY EAGLE SUN Voy 004N Voy 005N Voy 006 M Voy 007N SIN PKL gUI) JKO, go 04/04 05/04 07/04
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  • Page 30 Advertisements
    • 980 30 ES K I INf KAWASAKI KISfcN KAISHA. LTD. 'i OOCL FAITH NEPTUNE JADE VU/OOCL FH OOCL FORTUNE AMBASSADOR BRIDGE N. AMERICA-ATLANTIC COAST OOCL FAITH NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE VIA f([MR MIMiS -f® NYC HFX 11/3 15/3 m 26/3 1/4 5/4 10/4 13/4 AMERICA PACIFIC SOUTH-WEST •PK/PNG 'INDO FEEDER
      980 words
    • 539 30 AUSTRALIA EXPRESS CONTAINER SERVICE Accapttng FCL/FCL ConMwct TULSIOAS ¥40 KALIOAS ¥.42 TULSIOAS V 41 KALIOAS V 43 TULSIOAS V 42 Meto* Pmmi Loading tor Br fm* Br Fnto frm/IMb/SfdnAM 1 Mir Frm/IMb^rdn/AIM 25 M* Slh) f Kn/tWb/Srdn/AM 74 Jura 24 June Frem/IMb/Sydß/AM »Mr 20 Mr Fr«n/M*^r*VAM Tfifl* tune Smppnn/ Melbourne
      539 words
    • 490 30 GOLDEN LINE GIMN GUAM SWUNG (PTE) 110 ii rugL k\sm itftjl SiHCAHM 0104 fU VMM (14 LINES) fu VRftfl STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Colombo Kindti/Dutm COLOCN BEAR Colombo K*«c«. Dub* CHINA SERVICE A VESSEL Hum|pu Slunfhn ru: UUM <» MUMS) fu U4M4 S'por* PKetonj Pen*nj D» Apr Apr GANJIANC
      490 words
    • 279 30 r ß PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD 007-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PMILI FAX 22 5 5676 CMT/ma EAST FCL 5 LOL ETA SINGAPORE DESTINATION NEW CENTRA DC M I EAST/WOT IfMCA/MB. m |CmTTAOOWC FCttiaamg ■OMASA. DAJFESSALAI ASSAI ■BRA. TAMATAVE. P. SUSAN REUNION.
      279 words

  • Page 31 Advertisements
    • 954 31 S poie NIPIUNt AGENCIES Pit LTD. sx «Ss«' as sss 1 SL, i/mn imra ukm m/w >«OIH //Willi //•win !m» t NEPTUNE NQL ORIENTUNES LTD NEPIIHE SON BHD *i«sr 2S£? 5,^ SI 5193 ««61 *****4 ttKtf EXPORT LANTIC V FEEDER VSL N. Emerald 06N N. Ivory UN N. Emerald 07N
      954 words
    • 212 31 foz\ JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANC PCNANG BANGKOK HON6 KONG CHINA KAOHSIUNC Mi 9/4 1/4* W *I**ll* 5/4* 1/4 n* I w* *I** V* SRI LANKA/ INDIA S! m. 7TT amy TTTTT NEW ZEALAND/ AUSTRALIA H
      212 words
    • 439 31 NEUNG-A SHIPPING Korean Flag Vessels SEMi-CONTAINERISED DIRECT SERVICE KEIANG PENANG KEEIUNG BUSAN NCHON Voaart'i Nmm FTO BS SPONf PKLC KC£ BUSAN MOJI 'MAGNET/MM 24/03 OS-OM* 03 04/04 14 14/94 19-2004 2*04 NO DONAN/9CBN 30-JlO3 10-12*4 13-1404 22 22/04 2S-27AM 2W04 OGIORIA/JB4N QMM IHVO4 20-21/04 2*29(04 M-OSOS OM» NO IDONAM/904N 14/
      439 words
    • 879 31 Page IX SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG «i Aftc MESSRS HAI THONG SHIPPING 127 Penaaj Street Penang, Malaysia M S HANDLING
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  • Page 32 Advertisements
    • 242 32 SINGAPORE SHIPPING 5gT CORPORATION (PTE.) LTD. 111 225 6868 (34 Inlet) FAX 2KM.19/*****/6 ItltX HS ***** A/6 S.SCMA. HS 2«J389 A/H SSCAI) V DSR-LINES 1 56 OEUTFRACHT ROSTQO i INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ■VIA LARNACA ACCEPTING CARGO FOR IWASSOL BEIRUT. LATTAKIA,
      242 words
    • 29 32 T.S.K.. LINE WEEKLY CONTAINERISED SERVICE WITH riXED 0A y ARRIVAc HINODE KISEN CO. LTD. SPECIALISED HEAVY LIFTERS AVAILABLE MIDDLE EAST REGULAR LINER HWOAPORE SHIPP—Q CORPN (PTE) LTD TEL: 22SMM
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  • Page 33 Advertisements
    • 876 33 TIUNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE IRAQI STATE ENTERPRISE TQR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALWASITTI 15/4 S. Korea. Japan THROUGH 8/Ls to BAGHOAO UPON REQUEST ALSO ACCEPTING iONTAINMS UP TO AQAOA BAGHOAO REEFER SPACE AVAILABLE
      876 words
    • 710 33 SIGMA EXPRESS (S) PTE LTO > (INTERNATIONAL FREIGHT FORWARDERS) FAX *****75 TLX RS ***** SHIP TEL: *****44 (6 Lines) ACCEPTING CARGOES HONGKONG COLOMBO BUSAN MANILA KEELUNG muara/labuan/kk KUCHING/SIBU BANGKOK KOBE/NAGOYA TOKYO/YOKO BOMBAY LE HAVRE/HAMBURG FELIXSTOWE/R'OAM P.KELANG/PENANG ENQUIRIES ACCEPTEO FOR 6/4 8/4 6/4 6/4 3/4 6/4 5/4 5/4 6/4 OTHER 8/4
      710 words
    • 118 33 BALTIC ORIENT SHIPPING PTE LTD, BAY OF BENGAL SERVICE m/m. m im u an en a nn NOTE: DOOM TO I CONTACT PCMQM MM M M IM lIM 11/4 I*4 1/4 24^4 KRVICC AVAILABLE Hamburg West Germany Tiger Line BEN ttSSSRft® LT J MAINFRHGHT (s) pie ltd Id: *****12 (6
      118 words
    • 111 33 J&fARGQ SHIPPING w TeI:SS4 QISS IX r. REGULAR EXPRESS FCL LCL SERVICE BEH BANGKOK 'y JARU BHUH PfYA BHUH SIRI BHUH 31* 7/4 im 4/4 407N N/4 PO«T KELANG (FCI ONLY) HOMG KONG KEELUNG, KAOHSIUNG 5/4. 11/4, 27/4. 2/5. 1/5 I *1 U r JAKARTA (FCI ONLY) •1 TOKYO, KOBE,
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  • Page 34 Advertisements
    • 189 34 C SAV j'*"'' S-c cjrj ao Vjoarei S tXPBBS SHMCI TOffBOM CHM feeocr JKW MOTHER rtSStl m rono mka iqq antotvalp SAI CJAV 2 W USTUtI VURDOUR IV4 M 1M V.UUU CSAV J |l»4 J mat VOH *4 22* CAJWO FOR PUNTA ARENAS, TAICAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA
      189 words
    • 387 34 transintra >3 sJitpiw* (Singapore) private limited Cargo bookings Tel: /s. i imcci TUHMNT WYAMA TtIKNT EMERALD BACALOG TEQUILA SUHSHIHC REGULAR LINER SERVICE YT'TI ETA W-IS AM BAMOJ ETA MAM ISTANRUI/GEMOA/VENICE/RUEKA ETA APR NKS, S'HAJ ETA MAM MAMA, tATANCAS ETA M AM BENGHAZI. TUNIS LD SEALS LINER SERVICE OLYMPIC MERIT End
      387 words
    • 324 34 perintis line WEEKLY Fol. container service ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRABHAKTI (TUB) PRASETIA (FRIDAY) VOY SINGAPORE JAKARTA ETA ETO ETA ETD £2 V" JH JK la ta iw S3 S3 at SINGAPORE ETA ETD 1$ uX SURABAYA ETA ETD MU4 11/4 17M Up ASIA PERINTIS
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  • Page 34 Miscellaneous
    • 159 34 mm n Regional Weather :> > jS 5> 7a I m 3! m fi9H SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. *c a LEGEND: R Thunderstorm Temperohxe c y Shower Weather Wind dvection with speed in knots Ron (J Cloudy Sky Wov Surface wwh or* «*coted by arrows wktdi
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  • Page 35 Advertisements
    • 411 35 m Everett Steamship Corpn.S A Seabvf^ INTERCONTINENTAL LINES W jtußo urnmmm services IT." JEORO EASTERN BLOCK SERVICES IDZE23I 1 GOLUBKINA KB-J SEABBIOSE EUROPE S SCANDINAVIAN SERVICES weekly rciAa groupagc from SINGAPORE PORT KELANG PENANG JOMORE aaauana SEABRGI6E FAB EAST. VIETNAM S OHM SERVICES WKKLY FCL/LCL GROUPAGC FROM SINGAPORE PORT KEIANG
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    • 347 35 Z I M FULL CONTAINER SERVICE accaptmf FCL/LCL carpta* to USA East 4 Wast Coast Cambbaan.East Canada, HAITI Costa Riu. II Salvador. Guatemala. Honduras. Vanwuala, Paru. Ecuador. Colombia via Miami. Trinidad. Barbados Antigua. St Lucia, Montaarrat. Cuayana via Kingston IHM.iI 1 '1 il 'II i B iMI ACCEPTING CARGO TO
      347 words
    • 498 35 •Mrrmu a ruHwoMTAnoM (pti) ltd WEEKLY LCL/FCL SERVICE JENHOL VII IN DCSTMATIONS PORT KELANG MANILA MONO KONG. ALL CHINA PORTS KEELUNQ. KAOHSIUNG BUSAN TOKYO. KOBE CHITTAQONG DUBAI SYDNEY, MELBOURNE BRISBANE. ADELAIDE FREMANTLE ETA OMQAPORE 8 APR 4 APR 8 APR 4 APR 4 APR 11 APR 7 APR 10 APR
      498 words
    • 464 35 curt mmumm cmr '.'I" -I TAIWAN TO SINGAPORE A ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* 6 VESSELS OF LOG CARRIERS 0F br AND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN, HONGKONG AND JAPAN S
      464 words
    • 390 35 PTC CONTAINER LINES FCI LCL SERVICE m FM EA|T 9/4 KEELUNG/KAOHSIUNG 8/4 BANGKOK 9/4 MANILA 8/4 JAKARTA 8/4 PORT KELANG/PENANG 5/4 BUSAN 11/4 TOKYO/YOKO/KOBE 8/4 HONG KONG also accepting cargo to Huarmpu/Shenzhen/Fuzhou Xiamen/Xingang/Shanghai 9/4 RDM/HAM/ANT/LE HAVRE/GENOA 9/4 LDN/FLX/LVP/SOU 9/4 LA./NYC/SFO 9/4 VANCOUVER/TORONTO/MONTREAL 11/4 SYD/MELB/ADEL/FREM 11/4 AUCKLAND/WELLINGTON 14/4 P. MORESBY/RABUAL/LAE iili
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  • Page 36 Advertisements
    • 41 36 Expeditors International (Pac-Bridge Shipping) U.S.A. Twice Weekly LCL/FCL Services To/Fro W Coast. E Coast ft Inland Points EUROPE WEEKLY CONSOL TO/FROM MAIN EUROPEAN PORTS Alto Accepting Cargo to Other Destinations Bookings Enquiries to: TEL: *****24 FAX: *****79 TLX: RS ***** EISWB
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    • 668 36 Ifflh v«v*v#v*v«v*v*»l 1 J CALL US AT: P. KELANG PfNANG J. BAHRU P GUOANG SINGAPORE K LUMPUR 3685/53/*****11 04 *****2/4, 62/253 0/ *****8 0/ 5113/3, 5113/5, *****0, 5133/1 02 *****22 *****88 WEEKLY F AR EAST/EUROPE CONTAINER SERVICE ■OTHER VSI TO EUROPE FEEDCR B BUTANC SB I BUTANC Ml >. BUTANC
      668 words

  • SINGAPORE '89
    • Article, Illustration
      798 37  -  By LINDA CHEE Here, all is life and activity. It would be difficult to name a place on the face of the globe with brighter prospects or more present satisfaction. Sir Stamford Raffles. September 1822, in a letter to the Duchess of Somerset SINGAPORE'S founder couldn't have put
      798 words
    • 895 39  -  By KENNETH TEH TRADENET, Singapore s first na-tion-wide Electronic Data Interchange (EDI) network, was launched on Jan 1 this year The network enables various parties from the public and private sectors to exchange standard trade documents electronically. Its use is projected to save about $1
      895 words
    • Article, Illustration
      535 39  -  By SINGAPORE TELECOM IN LATE 1990, Singapore Telecom plans to introduce the Standard-C communication system a digital, communications system which can store-and-forward messages starting with electronic keyboards, microcomputers or telex machines. Voice services will be available soon after. Ships equipped with the Standard-C will be able to gain access
      535 words
    • 959 40  -  By LOH WING SIEW WING SIEW, President of the Association of Singapore Marine Industries SINGAPORE'S marine industry has a history almost as illustrious as the port of Singapore's. It started in the middle of the last century when the first drydock east of
      959 words
    • 1087 41  -  By WILLIAM CHIA THE FACT that Singmarine Industries could beat the formidable Japanese for a $30 million contract financed by their own government clearly reflects the ability of local shipbuilders to match any yard in the world. The contract, which was won early last month, involved
      1,087 words
    • 1182 42  -  By LILY FERNANDEZ THE SINGAPORE HARBOUR a hitherto untapped natural resource for cruises has opened up vast, new horizons for the Republic's tourism industry. Since the government's announcement last September that it plans to make Singapore a cruise destination and a regional base for
      1,182 words
    • 958 43  -  By RAHITA ELIAS SHIPBROKING intensely competitive and demanding forms an integral part of the shipping industry, even in Singapore, where the market is relatively small and undeveloped. The shipbroker stands between the two principal players the shipowner and the cargo owner as an intermediary to
      958 words
    • 1153 43  -  By GEORGI CHONG Institutional Support Executive, Refco (S) Pte Ltd A FUTURES contract, defined simply, is a deal at today's price for future delivery. All participants are legally bound by the rules of trading as stipulated and enforced by the exchange. The exchange itself does not
      1,153 words
    • 576 44  -  By LINDA CHEE THE YEAR 1988 was a milestone for the Port of Singapore Authority, marking the transition into a new era of computerisation at the port. Globalisation took on a new meaning on Nov 15, when the PSA broke new ground by setting
      Graphics by Ben Cruz  -  576 words
    • 949 45  -  By LILIAN ANG Accolades have not been a rarity for the Port of Singapore Authority (PSA) for its quality of service and the facilities it offers. "There's no doubt that over-all Singapore is a good port," says Jorgen Hoick, deputy general manager of Nedlloyd EAC Agencies. "We're
      Port photos by ALAN LEE  -  949 words
    • 743 45  -  by Linda Chee ANY INVESTMENT that the Port of Singapore Authority commits in modern port equipment has only one aim to provide excellent service to port users at competitive costs New equipment is regularly phased in for improvements in speed, safety and handling capacity. PSA
      743 words
    • 598 45 THE PSA has come a long way from 1967, when the Data Processing Departman! was sat up. Tha first In houaa computer was the 1902 A, ranlad from ICL. Ones plana to bulks a oontalner terminal was confirmed, thsrs was no looking back
      598 words
    • 1058 46  -  By LAU CHEE TIUN TIUN, deputy general manager, Container Warehousing Transportation SINGAPORE is a traditional hub for trading and transhipment of cargo. It is also fast gaining importance as a warehousing and distribution base for international and multinational companies for the AsiaPacific region.
      1,058 words
    • 1007 47  -  By TAN KAY HOCK Chairman, Singapore Freight Forwarders' Association, Vice-President and Member of the Board of Officers, FIATA IN RECENT YEARS, much has been said about the growth of trade in the Asia-Pacific region. However, it seems that more and more of this growth is
      1,007 words
    • 817 48  -  By LIM SOON NEO SINGAPORE'S plan to become a major centre for sea-air cargo is in ship-shape. Some 7,500 tonnes of such cargo are expected to come through this year. "In the past two years, we've seen over 30 per cent increases annually," says Ang
      817 words
    • 1062 49  -  By WILLIAM D ALDENDERFER Manager Marketing Business Development, Thome Ship Management Re Ltd THE LLOYD'S Directory of inter- national ship registers, ship managers, and manning agents, published in November 1988, lists 140 companies as ship managers world-wide. As this list possibly misses some companies,
      1,062 words
    • 148 49 AMONG the leading ship management companies operating in Singapore are Thome Ship Management, Sembawang Johnson, Marco Shipping, Neptune Ship Management, and Singa Ship Management. Each manages between 25-50 vessels under full management and a number of other vessels under crew management only. Many of
      148 words
    • 569 49  -  By A R Jumabhoy Chairman, Registry of Accredited Shipping Agents, Council Member, Singapore National Shipping Association THE SHIPPING Agents and Brokers Association of Singapore (Sabas) was founded in March 1978 as the collective brainchild of a group of progressive-mind-ed shipping agencies. When the Singapore National Shipping
      569 words
    • 1090 50  -  By IAN LANCASTER Regional Manager, Asia Pacific, Citicorp Insurance Brokers SINGAPORE ranks high up the ladder when it comes to rating marine insurance centres in Asia, but the Republic has a long way to go before it can claim world ranking. And that means there
      1,090 words
    • 664 50  -  By J C MACKAY Senior Principal Surveyor, Lloyd's Register of Shipping SHIP classification is a service vital to the operation and global movement of all types of ships. This is because insurance coverage is provided, in most cases, on the basis of the
      664 words
    • 700 51  -  By MOHAMED MERICAN Commercial Manager, Van Ommeren Terminal (S) Pte Ltd INDEPENDENT storage companies have only in recent times been recognised as an important link in the market for bulk liquids. This is particularly so for the oil storage terminals. As petroleum represents
      700 words
    • 331 51  -  byi MOHAMED MERICAM THE YEAR of the Tiger 1906 saw dramatic changes in the world oil market. More important, the Port of Singapore Authority de-regulated the bunker market in a step to develop Singapore as a leading bunker port in the world. This
      331 words
    • 343 51  -  By COL (Ret) HOW SEEN SHING By COL (Ret) HOW SEEN SHING, President, Singapore Association off Ship Suppliers THE SHIP SUPPLY INDUSTRY in Singapore today is estimated to have an annual turnover of approximately $600 million. Since most of the sales are paid for by foreign
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    • 1136 52  -  By WONG CHUN NING By WONG CHUN NING, Director (Jurong Port Marine Base), Jurong Town Corporation JURONG PORT started operations in 1967, with its primary role to serve the then newly established Jurong Industrial Estate. The port brings in raw materials from all over
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    • 1098 52  -  By ALAN H H PECK International Sales Manager, Shell Eastern Petroleum (Pte) Ltd THE PORT of Singapore overtook its closest rival Rotterdam only in recent years, with the bunker industry volume leaping by 33 per cent from a flattish 6 million
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  • Page 37 Advertisements
    • 218 37 3 Goodbye to muddle, middlemen, Hello to Trade Net 5 Standing up to world class shipbuilding standards A new horizon for Singapore's tourist industry Oil futures: understanding how hedging works A one-stop shipping centre Total commitment to excellence On the road to a better trained workforce In freight forwarding Ship-shape
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  • Page 38 Advertisements
    • 120 38 This is American President Companies. r i* r if j# w T fere a Pacific Basin container transportation and distribution group operating between and within Asia and North America We serve all our customers, including major manufacturers, retailers and small businesses, through a highly efficient, integrated system that combines ocean,
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  • Page 39 Advertisements
    • 71 39 The world's busiest port works non-stop Komatsu helps keep it going When you get a Komatsu forklift to work for you, you're backed by Goldbell's 24-hour on call service. Great for corporations that work round the clock. No delays, no hold- ups. The work goes on Let Komatsu lift your
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  • Page 40 Advertisements
    • 100 40 H tradition of service and innovation r 91 k A |Mm| j V. f > v jj' r I 3*V- v *r 3 Mi V .I* WIM M V -Nr r" *3 N SSra Siiig!- JfcC ':> UJORLDLUID6 S€RVIC€ Gen*'* l Agent •X EVERGREEN INTERNATIONAL CORP. VT/ Hamburg (040) *****0
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    • 32 40 *w^NAr%e JS The Professional Conveyor Pioneers in forwarding, warehousing distribution Agency representations are welcome. t r 24 PASIR PANJANG ROAD.. #01-01 PSA MULTI-STOREY COMPLEX. SINGAPORE 0511. TEL *****44 TELEXRS 2S222WCOMAC FAX: *****96
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  • Page 41 Advertisements
    • 179 41 *r In the beginning of container transport was Scan Dutch. Thr first shipping concern created solely for the Far East/Europe trade. A line, moreover, that has successfully evolved from an ocean carrier into a total transport company one that today is as much at home on land as at sea.
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    • 103 41 iir. SSfeaK' shipping experience. its 42 purpoee-built vessels operate 31 Rner shipping services covering the workfs major trade routes. Scheduled (and on schedule) services to 160 ports of seven continents. Nedlloycfs 5500 transport specialists worldwide provide the back-up which guarantees convenient and economical door to door transport of all kinds
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  • Page 42 Advertisements
    • 242 42 "K" Line, awoiidof difference. Keep counting on "K" Line, the company that developed containerisation in Japan and still holds the lead. Our 200 ultramodern ships with a 10 million-ton capacity ply 30 global routes linked by a highly efficient system. Our computerized documentation system that minimizes paperwork and speeds up
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    • 210 42 For CHARTS. C omplete worldwide coverage of British Admiral!) charts and publications available for supply 7 days a week. Daily chart correction service Also officially appointed agent and stockist for Hydrographic Officesof the United States (DMA NOS). Australia. anada.New Zealand. Singapore (PSA). For NAUTICAL PUBLICATIONS. An extensive range of Navigational
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  • Page 43 Advertisements
    • 30 43 WITH BEST COMPLIMENTS from SINGAPORE SHIPPING CORPORATION GROUP Singapore Shipping Corporation (Pte) Ltd Regional Container Liner Pte Ltd Euro-Asia Line (Pte) Ltd TSKLINE Agencies (S)Pte Ltd Regal Carriers Pte Ltd
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    • 144 43 I I In the long run, we know that reliability and promises kept are as important in business, sometimes more so, than money itself. That is why we consider you and us as partners in business. When you depend on us, your customers and your colleagues can depend on you.
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  • Page 44 Advertisements
    • 111 44 -p 111 I V \I v v 1 \I V 1 V 1 il At > ml l 1 t# mm Container Trucking.... Conventional Trucking.... Warehousing.... Local Distribution Shipping Documentation Custom Clearance.... Freight Forwarding.... Cargo Consolidation and Deconsolidation Container Storage.... Container Repairs.... NVOCC a one stop shopping center for your
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  • Page 45 Advertisements
    • 125 45 The world as we see it. After many years in shipping, the world takes on a different perspective. Oceans become smaller; distances shorter.... ai ■!m Bfi® Wi rz. n M® SI > A rfe ,v 5® i! 12 SK r Ji a -m xm &^taesi At Neptune Agencies, a wholly
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  • Page 46 Advertisements
    • 38 46 AUSTASIA LINE PTE LIMITED AND MERLION SHIPPING AGENCY PTE. LTD AND THEIR HtINCIHUS BLUE STAR LINE LTD. ■C Frota Dceanica Brasihira S. A. PETROBRAS FROTA NACIONAI DE PETROLEIROS Congratulate The PORT OF SINGAPORE AUTHORITY on their 25TH ANNIVERSARY
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    • 111 46 THE ULTIMATE CHOICE ULTIMATE FREIGHT SERVICES PTE LTD (UFS) IS A LEADING NVOCC, OFFERING WEEKLY GROUPAGE, AIR SEA TRANSHIP MENT PROJECT CARGO POSSIBILITIES INCLUDING RELIED AID PROGRAMMES. FOR MORE DETAILS, PLEASE PHONE *****11. WEEKLY LCL ACCEPTANCE TO AUSTRALIA all ports NZ all ports PACIFIC ISLANDS HK BANGKOK all ports including
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  • Page 48 Advertisements
    • 128 48 Do THE WORLD'S LEADING SHIP OWNERS KNOW SOMETHING YOU DON'T? For over two centuries, shipping companies from all over the world have been relying on The Royal Bank of Scotland for assistance. With offices in New York, Singapore, Piraeus, Zurich, Hong Kong and London, ▼v we offer financial We've always
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    • 92 48 CONTAINER WAREHOUSING TRANSPORTATION (PTE) LTD m. mm ji* r V* f •«U* A- --Ul-* i < J .< IVU« uJJ L CI -C J r fl CWT DISTRIPARK A Total Service That Meets Your Distribution Needs Our total service covers general air-conditioned warehousing, regional distribution, CFS operations, intermodal transportation, container
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  • Page 49 Advertisements
    • 179 49 CHINA OCEAN SHIPPING COMPANY General Agent in Singapore: YICK FUNG SHIPPING ENTERPRISES CO LTD 62, Cecil Street, #01-00 #02-00 T.P.I. Building, Singapore 0104. Tel: *****66 (12 Lines) Fax: *****15 Telex: RS ***** YIFUSIN, RS ***** YIFUS, RS ***** YIFUNG Provide Regular Full Containerised Services: 1. CHINA-SOUTH EAST ASIA A. Shanghai
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    • 86 49 60 vessels based in Singapore. Liner Services covering China Far East SE Asia Middle East Mediterranean Africa *East Coast South America U.S. East Coast/Gulf. Other services include: Agency Chartering Ship Management Warehousing Forwarding Air Freighting Insurance Travel PACIFIC INTERNATIONAL LINES (PTE.) LTD. 140 CECIL STRfctT #OUV PIL BUILDING SINGAPORE 0106
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  • Page 50 Advertisements
    • 75 50 Congratulations (Best Wishes to the Port of Singapore Authority on your 25th Anniversary!! from EAGLE CORPORATION (PTE) LTD 63 Robinson Road, #02-18/20 Afro Asia Building, Singapore 0106. Telex: RS ***** "EACORP" Cable Add: "EAGLECORP" Tel: *****88 Fax: *****57 General Agents for: la. yVantat Zlpe Far East Mauritius/South Africa Fortnightly Independent
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    • 151 50 Kiel ling growtK in tKe skipping industry. Is ship repair, ship building, hunkering or ship supply your business? Whichever it may be. as long as it's in the marine industry, you might find our service of use to help you expand and grow. At International Factors Marine (Singapore), we specialise
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  • Page 51 Advertisements
    • 109 51 Congratulations Best Wishes to The Port of Singapore Authority on your 25th Anniversary!! ort of Singapore Authority your 25th Anniversary!! from* ACCORD GROUP OF COMPANIES SINGAPORE: ACCORD SHIPPING PTE. LTD. 10 Anson Road, #11-19 International Plaza, Singapore 0207 Tel: *****56 (24 lines) Tlx: RS ***** ACCORD FAX: *****46, *****72 PORT
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    • 327 51 MS. FERNANDO SONS (PTE) LTD GENERAL SHIP STORES SUPPLIERS SHIPPING AGENTS IMPORTERS EXPORTERS COMMISSION AGENTS SHIP BROKERS -c. frj i( IVffLIIIII r MAILING ADDRESS: CABLE: "FERNCO' ROBINSON RD. P.O. BOX 256 TLX: RS ***** A/B FERNOO S PORE 9005 33 PLAYFAIR RD, SPORE 1336 FAX: (065) *****42 OFFICE TEL: *****93
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  • Page 52 Advertisements
    • 92 52 Your reliable shipping contact in the Far East SINGAPORE MANILA Ship-Managers Manning Agency We manage in excess of 2.0 million DW Ship-Agents We handle in excess of 400 port calls annually Tanker Chartering Sale and purchase brokers THOME SHIP MANAGEMENT PTE LTD SHIPMANAGERS AGENTS THOME PARTNERS (SHIPBROKERS) PTE LTD TANKER-CHARTERING
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