The Business Times, 7 April 1989

Microfilm: NL16529
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, APRIL 7, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    243 1 Dow Jones down THE New YORK stock market declined broadly yesterday morning as investors cautiously awaited monthly statistics on employment. The Dow Jones average of 30 industrials dropped 9.53 to 2,295.27 at 1430 GMT in the first hour of trading. AP Footsie down LONDON share prices were
    243 words
  • Article, Illustration
    Rumours deal Tokyo shares a hard blow
    222 1 LOCAL NEWS dominated trading in regional markets yesterday as Tokyo's record-high-closing streak ended while Singapore and Hongkong posted gains. In Singapore, selective buying alternated with profit-taking. The Straits Times Industrials Index managed a 1.28-point gain to 1,192.54, while the Business Times Composite Index
    222 words
  • Article
    Yen slips further against US$
    104 1 THE US dollar yesterday continued to score gains against the wobbly Japanese yen in Asian foreign exchange markets. The yen's performance was adversely affected by latest rumours and press reports on the scandal-rid-den Recruit Company in Japan. In Tokyo, the dollar ended higher at 132.15
    104 words
  • Article, Illustration
    USSR serious about trade with Asean, says envoy
    306 1  -  By TAN KEE WEE SOME 400 businessmen and professionals were assured yesterday by the Soviet ambassador to Singapore. Mr Anatoly Drioukov, that his country has serious intentions about developing trade and economic cooperation with the Asean countries. In the first conference ever
    306 words
  • Article
    MAS issues new guidelines for credit and charge cards
    532 1  -  Don't issue supplementary cards to those below 21 Limit credit ceiling to 2-3 times the monthly income By ALVIN TAY Financial Editor THE MONETARY AUTHORITY of Singapore has spelt out two new guidelines for the charge and credit card industry, besides
    532 words
  • Article, Illustration
    Robinson Rd stretch draws buyers
    688 1  -  PROPERTY FIRMS VIE FOR MAJOR REDEVELOPMENT JOB By LEE HAN SHIH A NUMBER of property companies are quietly trying to pull off the biggest redevelopment job in Robinson Road. For months, they have been trying to buy up as many buildings as possible along the
    688 words
  • Article
    Lock icon Taipei to send delegation to ADB meeting in China
    347 1 AFP TAIWAN'S Finance Minister "Iron Lady" Shirley Kuo Wan-jung is to lead the country's first official delegation to China next month for an Asian Development Bank (ADB) meeting, a Cabinet official said yesterday It will mark the first time that the
    AFP  -  347 words
  • Article
    Lock icon Air New Zealand sale approved
    73 1 Reuter NEW ZEALAND s anti-trust watchdog, the Commerce Commission, gave the go-ahead yesterday for a consortium to buy Air New Zealand. Commission chairwoman Susan Lojkine announced approval of the US$4O2 million privatisation after studying if it would create a near-monopoly on the busy Australia-New Zealand
    Reuter  -  73 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      131 1 Sichuan Cuisine at its best A Steamed )melette with Seafood rrlri IKiS Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some of the marvellous delights from our menu comprising of over 188 Sichuan and Seafood dishes. All these are masterfully prepared by experienced chefs in keeping
      131 words
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      Page 1 Advertisements Column 2
      41 1 Full report, PAGE 16 Reg markets, PAGE 18 World markets, PAGE 19 For market indices, Editorial, Advertising Circulation extensions, call Business Times Information Service 730-5155 Business Times address: Times House. 390 Kim Seng Road. Singapore 0923 Telex RS ***** Fax 733-5271
      41 words
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      Page 1 Advertisements Column 3
      183 1 Editorial Comment: 10 Vietnam not worth the risk Asian economic pact 10 The Hawke plan Debt crisis 11 Lifting the burden Medical profession 2 Don't over-specialise: Cheow Tong Sony 3 New software unit formed Wang Laboratories 3 Worldwide workforce cut Revaluation of won 4 Seoul against appreciation Pagers 6 EC
      183 words
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      Page 1 Advertisements Column 4
      210 1 Quadruple Zoom+Auto Two-Color v-a The cuckold strikes back UPTOWN PHILANDERERS are by no means a new breed but these days their victims are not taking things limply. Neglected tai-tais and executive cuckolds are hiring experienced private eyes to get the lowdown on their high-flying spouses to ensure a few hard
      210 words
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  • HOME NEWS
    • Article, Illustration
      Call to set up body to coordinate health education
      689 2  -  REPORT OF THE NATIONAL ADVISORY COMMITTEE ON FOOD AND NUTRITION By JAYARAM MENON THE NATIONAL Advisory Committee on Food and Nutrition has proposed the establishment of a national body to conduct health programmes, do nutritional research and train personnel in nutrition.
      689 words
    • Article
      Cheow Tong against over-specialisation
      323 2  -  Doctors urged to have broad base of knowledge By TAN KEE WEE WHILE higher specialisation by the medical profession is a worthwhile pursuit, doctors were told by the Acting Health Minister that Singapore's approach towards health care was to develop specialists with a broad base of
      323 words
    • Article
      S'pore still a vital travel base, says US expert
      327 2 ULTRA long-range aircraft like the Boeing 747-400 Megatop will not make Singapore redundant as a travel base, assured a leading American aviation expert recently. While aircraft like the Megatops are a response to passenger preference for non-stop, long-haul services. Singapore will
      327 words
    • Article
      SDP forum
      52 2 THE SINGAPORE Democratic Party will hold a public forum today on "Flexible Wages at the SDP's Potong Pasir branch office at 7 30pm Mr Jimmy Tan. the party's assistant secretarygeneral. will be the main speaker. Other speakers include Mr Sin Kek Tong, Mr Wong Hong Toy and Mr
      52 words
    • Article
      $2.4 m contract to redevelop War Memorial Park awarded
      266 2 THE MINISTRY of National Development has awarded a $2 4 million contract to redevelop the War Memorial Park to Kim Seng Heng Engineering Construction. According to a statement from the ministry, the redevelopment of the park, which lies between Raffles City
      266 words
    • Article
      QC circle projects paying dividends
      215 2 SEVERAL PROJECTS by the quality control circles of some companies have yielded substantial savings and increased efficiency. The projects, by companies like NTUC Income. Le Meridien Singapore and Metro, are part of a series of presentations for the National QCC Convention which closes on April
      215 words
    • Article
      Visit by robotics expert
      113 2 A JAPANESE EXPERT on robotics and automation arrived in Singapore yesterday tor an eight-day visit as part of a regional study trip. While in Singapore. Professor Yukio Hasegawa hopes to study the latest developments in the manufacturing sector, and to explore possible areas for cooperation in
      113 words
    • Article
      Celebrating the birthday of the Swami Vivekananda
      99 2 A PARLIAMENT of Religions, a four-day programme to celebrate the 125 th birthday of the Swami Vivekananda. will be held at the World Trade Centre on April 30 Organised by the Ramaknshna Mission, the parliament will be officially opened by the Minister for
      99 words
    • Article, Illustration
      Canada picks 250 firms to launch Asean trade drive
      498 2  -  By WILLIAM CHIA THE Canadian government through its Ontario trade office in Singapore intends to launch an aggressive trade drive in Asean this year with 250 specially selected Canadian companies Douglas Cooper, director of the Ontario Ministry of Industry, Trade and
      498 words
    • Article
      British Columbia to open local representative office
      213 2 GROWING bilateral trade and investment between Canada and Singapore has prompted another Canadian province to open a representative office in Singapore. With this latest move, British Columbia will be the third Canadian province, after Quebec and Ontario, to establish such an office here
      213 words
    • Article
      Showcase of West German talents
      312 2 TO CELEBRATE the 40th anniversary of West Germany on May 23, the West German embassy and the German Business Group are to launch a year-long programme of activities. Along with the fun and games will be a serious mission highlighting West German high technology, engineering,
      312 words
    • Article
      Bill on Privy Council appeal may dominate debate
      407 3  -  PARLIAMENT TODAY By MARTIN SOONG THE JUDICIAL COMMITTEE bill, which seeks to limit the types of cases and conditions under which appeal to London's Privy Council are allowed, is expected to dominate debate when Parliament sits today. Under the bill, Privy Council
      407 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      299 3 LIM YEW SWEE has been appointed technical specialist for tyre applications at Polysar Asia Pacific Pte Ltd s Regional Technical Centre at the Science Park Mr Lim has an honours degree in chemistry and has worked as a development officer for the Malaysian Standards and Industrial Research
      299 words
    • Article
      Automation group to focus on business development
      393 3 THE SINGAPORE Industrial Automation Association (SIAA) will be redirecting its activities to focus on business development for the automation sector. Among the initiatives outlined yesterday was the organisation of overseas missions for trade and business development or technology acquisition. SIAA's move is in
      393 words
    • Article
      Sony forms new software unit
      356 3  -  By ANNA TEO SONY INTERNATIONAL Singapore. the regional headquarters of Japanese electronics giant Sony, has formed a new computer software subsidiary to support its growing Asian operations. Mr Takao Yuhara, managing director of newly-incorporated Sony Systems Design (Singapore) Pte Ltd, told BT his company would
      356 words
    • Article
      Wang cuts worldwide workforce
      477 3  -  SINGAPORE OPERATIONS NOT AFFECTED By JEFFREY TSANG COMPUTER MAKER Wang Laboratories has retrenched 880 people from its worldwide workforce in an effort to slash costs. However, its Singapore operations will be unaffected. In fact, Wang Singapore has been on an expansion path, in terms of staff
      477 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      139 2 -jjp trom a. I T mgvUtrr I w a zwmm 7* «i v„. V Fairstar, the Funship Singapore to Hongkong cruising after As!o >- million refit. May 22 26, S$ 1420 *4& I* r m 0 K n. < iV 1 JS* > Be the first to cruise the newly
      139 words
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      Page 2 Advertisements Column 2
      34 2 QUALITY CAR AT THE BEST PRICE TS (1721 cc) 62,800 GTX (1995 cc) 98,000 TURBO (1995 cc) $138,000 M A Pnt ps quoted are subject to change without prior notice 'AH prices ARF NETT
      34 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      366 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day 11l pe th p world s 9 HOW IT S DONE: THE MIRACLE OF SOUND FIELD RECREATION Nothing you've ever heard- short of the real thing- can match the stunning performance of the DSP 100. When you close your eyes
      366 words
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      Page 3 Advertisements Column 2
      132 3 "Why is KLM always expanding connections?" m DESTINATIONS CONTINENTS. rea dy When your business is on the move, you need an airline that keeps up.. That's why KLM continuously expands its network offering flights to 138 destinations in 77 countries worldwide; with more still to come. Our dedication to business
      132 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Seoul against rising won as exports slow
      588 4 Reuter SOUTH KOREA'S trade minister will try to use a recent export slump to deflect US pressure for faster revaluation of the won when he visits Washington this month, political analysts said. Provisional figures show South Korea s March trade account on a
      Reuter  -  588 words
    • Article, Illustration
      Lock icon Kim II-sung ready to discuss all aspects of reunification: Moon
      285 4 AFP NORTH KOREAN President Kim 11-sung is ready to discuss all aspects of reunification with the South before settling military and political issues. South Korean dissident Moon Ik-hwan said in Tokyo on Wednesday. "I asked Mr Kim why can t
      AFP  -  285 words
    • Article
      Lock icon Japanese opposition makes plans to take over if government falls
      366 4 AP FOUR JAPANESE opposition parties are planning a summit meeting today to form a coalition government they hope will take over if a major stock-profi-teering scandal forces Prime Minister Noboru Takeshita to resign. The parties' secretariesgeneral met on Wednesday as
      AP  -  366 words
    • Article
      Lock icon Big three battle to supply high-speed trains to Seoul
      489 4 AFP SOUTH KOREA'S plans for a high-speed train system by the end of the century have pitted trainmakers in France. West Germany and Japan in another all-out battle for the international market The protect announced by the Transport Ministry last month
      AFP  -  489 words
    • Article
      Lock icon Bhopal disaster: Court orders full disclosure
      339 4 UPI THE INDIAN Supreme Court on Wednesday ordered Union Carbide and the government to disclose all documents which led to a US$47O million settlement that absolves the multinational from all litigation over the 1984 Bhopal gas disaster. Union Carbide agreed on Feb 14 to
      UPI  -  339 words
    • Article
      Lock icon India willing to use interim means to trade with Nepal
      163 4 AFP INDIA is willing to trade with Nepal through export and import licensing until the two sides reach an agreement governing trade between the two countries, an Indian Embassy official in Nepal said. Bilateral trade and transit treaties expired last
      AFP  -  163 words
    • Article
      Lock icon Imported car sales in Japan rose by 34 per cent
      325 4 UPI BUOYED BY brisk demand for luxury cars and sales drives mounted by manufacturers, imported car sales in Japan in March soared 33.8 per cent over a year ago to a monthly record of 16,169 units, marking the 63rd consecutive
      UPI  -  325 words
    • Article
      Lock icon Saudis seen to back Egyptian, Iraqi economies
      241 4 Reuter SAUDI ARABIA appears to have taken a strategic decision to assist the debtladen economies of Iraq and Egypt, bankers in the Gulf said But one cautioned against expecting fast results. "Do not expect anything right now. immediately. These things take years and
      Reuter  -  241 words
    • Article
      Lock icon Wellington's lack of direction blamed for poor poll results
      376 4 AFP FORMER New Zealand Finance Minister Roger Douglas yesterday blamed the government s lack of economic direction for its declining fortunes in a recent poll. A monthly Heylen Poll of 914 eligible voters, conducted last Saturday and released on Wednesday night,
      AFP  -  376 words
    • Article
      Lock icon Fijian trade unions refuse to abandon strike plan
      208 4 Reuter FIJI'S trade unions yesterday rejected demands by coup leader Major General Sitiveni Rabuka to abandon plans for a national strike and public rallies. The Fiji Trades Union Congress (FTUC) in a statement also dismissed Rabuka's charge that it was trying to
      Reuter  -  208 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1163 4 ARRIVALS Operator Service Local From number time GU GA992 0035 CGK (Tedi stop) SU SOU 0040 LAX/NRT UAl UA805 0055 SFO/HKG JAL JL6I5 0340 TYO MAS MH640 0820 KUl UAl UA819 0820 SFO/NRT SIA SO 4 30 0835 DHA MAS MH651 0900 PEN MAS MH630 0920 KUL
      1,163 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      40 4 LATIVI armchair Chrome or Black lacquer Med Black genuine k-athcr seat g •Please cafl us for immediate delivery disegwo coilezione Pte Ltel World Trade Centre #02-11/15. Singapore 0409. Tel: 271 6611 Fax: 271 7711 Mtsiuvee limm lO nnnn a nun
      40 words
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      Page 4 Advertisements Column 2
      42 4 The buiinru perwn'i choice every Tuesday. Thundn. Saturdrv and Sunday. Loving Changi Airport at 22:05 houn am) arriving at Lour B. Peanon International Airport the following day CjJI your Tmri Agent or Air Canada af 7i2t55i. A hHEATH OF FRESH A Ik
      42 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      279 5 wV; \cr S° v .o^^: v 'A-—^ •a I* xt i sg ?Ji .■•< ■mm sk *r 3* ••t- s*v.* v---x* a -4 &'-V r v~" Si ■vv SBftW 4; fc f ma fit -fis .># P*w 1. *f# Ac. SLd m t.* Mr 23 >< Ea An Invitation to
      279 words
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  • REST OF THE WORLD
    • Article
      Lock icon EC may allow cross border pagers
      429 6 Common technical standards by 1992 Reuter THE "BEEP-BEEP of radiopagers. which send doctors and businessmen racing to the telephone but drive those nearby to distraction, will soon work across national borders if the European Community (EC) has its way. The European Commission, the EC
      Reuter  -  429 words
    • Article
      Lock icon EC plans stricter curbs on small-car pollution
      257 6 Reuter THE EUROPEAN COMMISSION opted for stricter, American-style curbs on small-car pollution on Wednesday in a decision which has dramatic implications for Europe's car industry. The European Community's executive body decided to ask EC ministers, who have the final say, to tighten up
      Reuter  -  257 words
    • Article
      Lock icon US farmers want help to keep market share
      235 6 UPI THE US CONGRESS should take tough action to protect the US share of the world market because Europe is thwarting efforts to reform trade rules, the president of the American Farm Bureau said in Washington on Tuesday. Trade reform talks, which
      UPI  -  235 words
    • Article
      Lock icon Bush proposes rise in immigration quotas
      411 6 NYT THE BUSH administration has asked Congress to permit as many as 150,000 additional immigrants, many of them from the Soviet Union, to enter the United States over the next five years. Administration officials said the proposal to create a new category of immigrant
      NYT  -  411 words
    • Article
      Lock icon 'Poles must be ready for more sacrifices'
      102 6 UPI SOLIDARITY and Polish government officials say their historic agreement to re-legalise the banned union and implement sweeping democratic reforms opens a new era in the nation's history, but they have warned Poles to be prepared for more sacrifices "Either we shall be
      UPI  -  102 words
    • Article
      Lock icon Brazil to unveil rainforest protection plans
      324 6 Reuter BRAZIL, the target of growing international criticism over destruction of the Amazon. was due to announce plans yesterday to protect the rainforests, officials said. President Jose Sarney first launched an environmental protection programme called "Our Nature" last October. At that time he set
      Reuter  -  324 words
    • Article
      Lock icon Africa will see modest growth, says report
      263 6 Reuter AFRICAN ECONOMIES should grow modestly this year, but stronger action is needed to ease the burden of the continent s US$23O billion foreign debt, a UN agency said yesterday. In its annual review of the region's economies, excluding South Africa, the UN
      Reuter  -  263 words
    • Article
      Lock icon Experts urge the US to accept Soviet economic reform efforts
      334 6 AP THE UNITED STATES' scepticism toward the Soviet Union's new policy of perestroika is hurting efforts to open up the Soviet economic system to the West, European and Soviet experts said at a conference on Tuesday. "The world is changing
      AP  -  334 words
    • Article, Illustration
      Lock icon Pravda raps Thatcher on nukes
      323 6 Reuter AS SOVIET LEADER Mikhail Gorbachev arrived in London on Wednesday, the Communist Party daily, Pravda, criticised British Prime Minister Margaret Thatcher for wanting to keep nuclear weapons But the article and others in the official Soviet press were generally upbeat about the An-glo-Soviet summit.
      Reuter  -  323 words
    • Article
      Lock icon Inflation rising sharply in all G-7 countries except Japan
      254 6 AP PRICES PAID by consumers in major industrialised countries have been rising sharply this year, according to figures compiled by the US Central Intelligence Agency Japan was the exception. In Japan, prices were dropping rather than rising in January and February
      AP  -  254 words
    • Article
      Lock icon 'Japan's patent system frustrating for foreigners'
      403 6 UPI THE JAPANESE patent system is a difficult and frustrating hurdle for foreign inventors to get past and poses significant problems for international trade, a senior official with the US patent office said. Donald Quigg, assistant secretary and commissioner of patents and trademarks, said
      UPI  -  403 words
    • Article, Illustration
      Lock icon Direct Israel-PLO talks inevitable: Mubarak
      314 6 Reuter PRESIDENT Hosni Mubarak of Egypt said on Wednesday that direct talks between Israel and the Palestine Liberation Organisation (PLO) were inevitable. Mr Mubarak, who met President George Bush in Washington on Monday ahead of Israeli Premier Yitzhak Shamir, also said in an interview with
      Reuter  -  314 words
    • Article
      Lock icon US rejects request to take away Israel's privileges
      236 6 NYT A BUSH administration trade policy review committee has rejected a petition from an Arab-American group to strip Israel of privileges to sell some goods to the US duty-free on the ground that the rights of Palestinian workers have been violated. administration
      NYT  -  236 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      26 6 Doonesbury BY GARRY TRUDEAU HA, HA, HA! HA, HA! Hu.me! If* iSsiSSI/i GUY'S AMAZING' HE'S HALF PEAP, AM? HE STILL PUTS ME Am/! m M n
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      89 6 msuL //✓/S Singapore OUTLOOK: Showers over several areas in the late morning and early afternoon. Report for 24 hours prior to 7.30pm on April 6 at the airport: Mai temp 31.1 Assoc humidity 73 Mln temp 24.9 Assoc humidity 100 Hrs of sunshine 5.80 Rainfall in mm trace Rainfall this
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  • COMMODITIES
    • Article
      Palm Oil
      476 7 MALAYSIAN crude palm oil prices on the physical market ended lower yesterday. The market was trading between a low of M 5905.00 and a high of M 5912.50 per tonne range. April south region was traded between M $905 00 (sellers) andMS9O2 50 (buyers) while central and north
      476 words
    • Article
      Wheat
      196 7 CHICAGO BOARD of Trade soft red winter wheat reversed mid-day losses and closed up on Wednesday on reports that China is bidding for 300,000 tonnes of lIS wheat under the EEP, traders said. Around mid-day, prices took a tumble as Rodman and Renshaw unloaded a total of four million
      196 words
    • Article
      Soybean
      194 7 CHICAGO BOARD of Trade soybean futures closed up on Wednesday with noticeable strength in new crop months and relatively smaller gains in old crop May and July, traders said. Reduced selling of new crop months amid continued uncertainty over weather and soil moisture levels ahead of spring planting provided
      194 words
    • Article
      Produce Prices
      194 7 Chinese Produce Exchange Sellers' noon closing prices on Apr 6 iSS/100 kg) Coconut oil tulk FOB 105.00 Old drum FOB 115.00 New drum FOB 119.00 Copra Mixed (loose) 63.00 sellers Pepper Muntok white FOB NtW 690.00 Sarawak white FOB faq NIW 680.00 Sarawak special black FOB NIW 457
      194 words
    • Article
      London markets
      173 7 London Commodity Exchange Buyer/Seller closing prices on Apr 5, (£/tonne unless specified). Previous closing 1 prices in parenthesis. Coffee Basis in-store London, sellers 1 option CIF London May 1115/1119 (1119/1120) High/Low 1132/1117 July 1086/1088 (1087/1088) High/Low 1101/1083 Sates (3070) Cocoa May 789/789 (817/818) High/Low 809/787 July 798/799 (822/823)
      173 words
    • Article
      Rubber
      294 7 SINGAPORE: Rubber prices ended higher with May 1 RSS buyer quoted at 209.00 cents a kg yesterday, up 3.50 cents from Wednesday's close. On the TSR-20 Award market, prices were higher in line with 1 RSS levels in thin trade, dealers said. May buyer was quoted at 178.50 cents
      294 words
    • Article
      RAS and MRELB
      277 7 R AS prices in S cents/kg, FOB in bale* NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 208.50 209.50N 209.50 210.50 lot 1 RSS Moy 89 208.00 209.00N 209.00 210.00 Int 1 RSS Jun« 208.00 209.00N 208.50 209.50 Int 2 RSS OP 202.00 204.00N 203.00
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    • Article
      SSR and SMR
      85 7 (canti/kg) MAY 1989 JUNE 1989 (current month) (forward month) RAS NOON Svy*n S«1t*M NOON Suyari S«ll«ri SS* 20 184.50 186 50* 184 50 186 SON SSR 50 182.50 1 84 SON 182 50 184.50N MRELB kyfrt Saltan Ivytri Slllrl SMR CV 284.50 286. SON 286.50 288 SON
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    • Article
      KL Tin
      177 7 A SMALLER OFFERING by miner* and renewed demand, mainly from Europe, prompted a rebound in Kuala Lumpur tin prices, which rose 10 cents to a new three-year high of M 526.18 a kg yesterday. Turnover fell to 75 tonnes from 147 on Wednesday. The rise widens KLTM's premium
      177 words
    • Article
      Precious Metals
      400 7 HONGKONG: Gold closed little changed in moderate trading with support from local and Far East investors yesterday Bullion ended at US$3B3 80/384 30 an ounce against an initial U*****.50/384 00. unchanged against New York's Wednesday close Gold gold fell HK$27 to close at HK53.574 a tael on the
      400 words
    • Article
      Lock icon Oil prices fall as traders re-assess Alaskan spill
      364 7 Reuter A RISE this week in world oil prices faded on Wednesday as traders reassessed the impact of the worst ever US oil spillage Some crudes fell by up to 25 US cents a barrel. Prices had increased recently because of disrupted
      Reuter  -  364 words
    • Article
      Lock icon EC concerned about lack of progress at coffee talks
      320 7 AFP EUROPEAN COMMUNITY consumer delegates have expressed concern over the lack of progress towards coffee agreement renewal at International Coffee Organisation (ICO) talks in London. The existing agreement is due to expire at the end of September On Wednesday, three days
      AFP  -  320 words
    • Article
      Lock icon Crude Oil and Products
      179 7 Telerate FUEL OIL PRICES were higher in the Singapore market yesterday First half April barrels remained tight and sellers still asked hefty premiums for them. Independent sold a major 22,000 tonnes of CST-180 prompt at US$lOO tonne fob Sing ITT. Refiner sold an independent 5.000 tonnes
      Telerate  -  179 words
    • Article
      Lock icon 'Mechanical buffalo' for oil palm estates
      109 7 Bernama A JOHOR COMPANY has come up with a machine, known as the "mechanical buffalo", which is expected to ease the labour shortage in Malaysia's oil palm estates. Agricultural and Industrial Machinery Sdn Bhd (AIM) invented the machine that could upgrade facilities in estates
      Bernama  -  109 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      235 7 You'll find our 2nd anniversary special menu no less adventurous. \Xben Leonardo Ik* Vinci dreamed up bis incredible Jiving machine in the 15th century. it was beyond the wildest vision of most folks. (As were most things be did f He dared to dream As does our very own Renaissance
      235 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1632 8 SINGAPORE: THE US dollar consolidation continued into the Asian trading session yesterday. with main interest in the crosses. Fresh rumours concerning the Recruit scandal plagued the yen. Against the D-mark, it weakened to 70.65. The US March employment data today will help provide new impetus for a US
      1,632 words
    • Article
      Government Securities Market
      109 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****A 06.07.89 3.89 3.84 6 months BS*****N 17.08.89 3.93 3.88 1 year BY*****H 23.11.89 3.98 3.93 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID OFFER HIGH
      109 words
    • Article
      Lock icon Simex
      540 8 Reuter PROFIT-TAKING and long liquidation pushed Eurodollar futures lower across the board in moderate trading yesterday. Dealers said the selling came after recent firmness and in the absence of fresh factors as the market brushed aside a fall in the federal funds rate and the Fed's draining of reserves.
      Reuter  -  540 words
    • Article
      Asian dollar market
      280 8 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trade on a general lack of interest yesterday, dealers said. They said the market is looking for direction from today's release of US March employment data. Short-dates and term rates were mostly steady initially, and hardly
      280 words
    • Article
      Comex gold/silver futures
      174 8 Gold futures on Apr 5, 1989 100 troy ounces. USS per troy ounce OpM HI* Low Somo ***** ***** 383.00 383.80 230 Mo, 385 60 2.30 hm 389 50 ***** 387.40 388 60 -2.30 Aug Oct 395.00 395. JO 392.60 393 70 -2.40 400 40 400.40 399
      174 words
    • Article
      Options
      1421 8 CURRENCY FUTURES OPTIONS Thursday, Apr 6, 1989 DEUTSCHE MARK (SIMEX) Apr 88 ca High Low 53 881 54 55 M 57 Ha Soli 90 II > CA8 CA8 High Apr 88 pu Low 23A II2A Sot 21 ll( 53 53 May M ca High Lew Jun 8S call High
      1,421 words
    • Article, Illustration
      World interest rates
      193 8 Indicate* the average of the prime (ending rate* of 12 major banks in S'pore Interbank market rates (offer/bid) on Apr 6 US$ DM SWFC Yen 7 doyt fu/u— IJ/U 121/4—121/0 6 1/0 6 3 1/2 3 3/0 4 7/16 5/16 1 m+ 10 1/16 9 IS/I* 12
      193 words
  • Page 8 Advertisements
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Hopes for early start on American debt plan
      501 9 THE IMF AND WORLD BANK MEETING FT THE WORLD BANK and the International Monetary Fund are hoping for action on the US-inspired debt reduction plan "within weeks", the World Bank president said on Wednesday After a meeting of the joint IMF-World Bank
      FT  -  501 words
    • Article, Illustration
      Lock icon Brady plan unlikely to change stance of banks on loans
      822 9 Reuter THE US PROPOSAL for tackling the international debt crisis is not likely to unlock a cache of new bank money for the Third World anytime soon, European bankers say. Despite a call from western governments to back the proposal,
      Reuter  -  822 words
    • Article
      Lock icon Mexico to accept IMF programme soon
      212 9 Reuter MEXICO is set to announce it will accept a four-year economic reform programme supervised by the International Monetary Fund (IMF) and is seeking new loans from commercial banks over the same period. bankers said Finance Minister Pedro Aspe told senior US bankers in
      Reuter  -  212 words
    • Article
      Lock icon Tokyo banks to help bail out Oregon's home loan programme
      481 9 UPI OREGON state treasurer Tony Meeker said Japanese banks have agreed to help bail out the US state s financially troubled veterans' home loan programme by reducing charges for backing up a state bond issue. Mr Meeker said in Oregon
      UPI  -  481 words
    • Article
      Probo Pacific to raise $20m through NIF
      383 9  -  By SOH TIANG KENG A SWEDISH COMPANY. Probo Pacific, which made its debut in the Singapore capital market last year, is back again in the market this time to raise $20 million through a note issuance facility (NIF). BT understands the NIF amount
      383 words
    • Article
      POSB to conduct survey on banking habits
      221 9  -  By HONG LEE TIAM THE Post Office Savings Bank will be conducting a survey later this year on depositors' and non-depositors' banking habits, their views on the bank's schemes and services and its image. The objective of the survey is to improve the
      221 words
    • Article
      Lock icon Crisis may hit US insurance industry
      580 9 RISING NUMBER OF INSOLVENCIES NYT CONCERN is mounting among public officials and analysts that a financial crisis is brewing in the US insurance industry Losses are growing, though they are still modest compared with the entire industry's assets. Bui some federal and state government
      NYT  -  580 words
    • Article
      Lock icon Injunction sought to bar Citicorp units from underwriting
      213 9 Reuter THE US Securities Industry Association (SIA) said it has filed suit in the District Court for the Southern District of New York seeking an injunction to bar two Citicorp units Citibank NA and Citibank Delaware from underwriting and distributing mortgage-backed certificates
      Reuter  -  213 words
    • Article
      Money markets
      67 9 THE OVERNIGHT RATE on the Singapore money market fell by 1/8 point to close at 5 1/4 per cent yesterday. Term rates remained unchanged except for the one-month rate which rose by 1/16 point. S$ Interbank rates at the close yesterday: omt no Over5 1/4 5 1-moMfc 5
      67 words
    • Article
      Lock icon IMM
      261 9 Reuter IMM CURRENCY FUTURES settled lower on Wednesday but pared enough losses to extend the top end of ranges to fresh daily highs in thin afternoon dealings The early part of the session was marked by profittaking following the strong rallies of the previous two sessions. But contracts recouped
      Reuter  -  261 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      88 9 WINDOW DRESSING IS OUR PROFESSION CUSTOM MADE CURTAINS SOFAS COMFORTERS CUSHIONS COVERS HEADBOARDS RUFFLES REUPHOLSTERY Now, CURTAINMART opens up a broad new world of elegance luxury in French Designer Pnnt Furnishing Fabric Plus our personalised Services, from concept, sewing to installation its the ideal store for all your soft Furnishing
      88 words
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      Page 9 Advertisements Column 2
      140 9 FOR SALE EN BLOC BY TENDER CLAYMORE POINT-SINGAPORE Prime Freehold I Location: 8 Claymore Hill \t\ Tender Closing Date: 4pm 4 May 1989 {El l\ New 25-storey retail/residential building II lm Situated on Claymore Hill in Singapore's if i I Orchard Road shopping district if IK Close to Holiday Inn
      140 words
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  • PERSPECTIVE
    • Article
      Vietnam not worth the risk
      470 10 THERE IS A strong political message in the recent government order banning Singaporeans from trying to grab new investment opportunities in Vietnam. Such interference in private business dealings appears, on the face of it, to be out of character with the country's policy of keeping
      470 words
    • Article, Illustration
      Lock icon Exxon oil spill: How wildlife suffers
      574 10 NYT AS A VAST SHEET of oil soaks into the Alaska shorelines that rim Prince William Sound, scientists are staggered by the variety of animals placed at risk and fear the destruction may continue for years. The oil tanker Exxon Valdez ran aground on
      NYT  -  574 words
    • Article
      Lock icon Effects on ecosystems
      624 10 NYT AT FIRST GLANCE, oil spills look diabolically capricious. One might cause an ecological catastrophe, killing whole communities of shoreline animals. Another, equally large or even bigger, might let nature off with little or no damage, leaving everyone relieved but scratching their heads. Scientists, looking behind the
      NYT  -  624 words
    • Article, Illustration
      Hawking the Asian common market plan
      1457 10  -  Australian Prime Minister Bob Hawke is urging Singapore to take part in his proposed Asia Pacific economic pact. Next week, he is sending a special envoy and two senior government advisers on an eight-nation tour, including Singapore, to sell his proposal, which calls for
      1,457 words
    • Article, Illustration
      Lock icon Lifting the debt burden
      952 11  -  PETER NORMAN and STEPHEN FIDLER on the attempt to solve the crisis PETER NORMAN and STEPHEN FIDLER FT THE AGREEMENT to put the financial muscle of the industrialised world behind cutting the developing world's debt burden is an attempt to put an intractable problem into a
      FT  -  952 words
    • Article
      Lock icon New bearings in Thailand's foreign policy
      565 11 IHT RAPID ECONOMIC GROWTH and political change are contributing to a more assertive Thai foreign policy. It is codenamed Suwanabhum, a Sanskrit word meaning "Golden Peninsula" which is often used to describe mainland South-east Asia before the arrival of the European colonial powers. The
      IHT  -  565 words
    • Article, Illustration
      Lock icon Open v managed trade: the economists' dilemma
      835 11 NYT IT MAY BE every economists dream to be taken seriously in a debate over important public policy. But visions of doing well by doing good can turn sour when the research is used to draw conclusions opposite to those intended. That is
      NYT  -  835 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      928 11 Indian Overseas Bank (Incorporated in India) Central Office: 762, Anna Salai, Madras 600 002. Balance Sheet At At 31st December 1987 31ST DECEMBER 1906 SHARE CAPITAL (Wholly owned by the Government of India) RESERVE FUND AND OTHER RESERVES Reserve Fond and Special Reserve CAPITAL AND RESERVES CURRENT LIABILITIES AND PROVISIONS
      928 words
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  • LEISURE
    • Article, Illustration
      Diets that can help cure ailments
      681 12 BOOKS Tttle Chinese System of Food Cores: Prevention Remedies Author: Henry C Lu Publisher: Pelanduk Publications ■Distributor: Changi International Distribution Services Price: $16 (soft cover) Reviewed by ZHOU MEI m '■frlE CHINESE approach to food IS distinctly different from that of £e Westerners. Westerners
      681 words
    • SHORT TAKES
      • Article
        Lock icon Malaysia's unwed women
        211 12 Agencies A COMPREHENSIVE STUDY is necessary to determine why some 600,000 Malaysian women between the ages of 30 and 34 years are still unmarried, the Deputy Minister in the Prime Minister's Department. Datuk Dr Siti Zaharah Sulaiman, said yesterday She was speaking to reporters after opening a
        Agencies  -  211 words
    • Article
      Lock icon The new Beaujolais, and the real thing
      471 13  -  WINE By FRANK J PRIAL NYT YOU KNOW those old saws: if you liked the book, you'll love the movie If a thing is worth doing, it's worth doing twice. Well, consider the case of Beaujolais. the only wine that comes not once,
      NYT  -  471 words
    • Article
      Lock icon Making safe the deadly fugu fish
      649 13 FOOD NYT NOW THAT MANY Americans are going out of their way to avoid food hazards, along comes a shipment of Japanese fish that can be lethal. It is fugu, the most dangerous fish to eat raw. For the Japanese, the risk may be
      NYT  -  649 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      862 12 Where to entertain. DELICIOZO HYAn Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary
      862 words
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      Page 12 Advertisements Column 2
      211 12 MANDARIN SINGAPORE PRESENTS SILK ROI'TE EXPRESSIONS IN COLOIB ORGANISED BV CHINA SILK HOI'SE IN CONM'NCTION WITH SINGAPORE INTERNATIONAL SHOPPING FESTIVAL FEATI RING EXCLI'SIVE DESIGNER SILK FASHIONS AND TOP MANNEOI'INS FROM CHINA D A T E 2 2 APRIL 8 D TIME7JOPM Venue neptune theatre restaurant Dinner show tso/. nett TICKETS
      211 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      210 13 a> a übertitf^rfll II 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, fortes... cheese board, fresh fruit, freshly brewed coffee. All for $21.50 And for $27.50 you can add a roast or a
      210 words
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      Page 13 Advertisements Column 2
      50 13 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. Hheinhcssei! <c3tc< »ince Homon thici* ..mihrttaMttonalrtoiitafci r' :n I x ri)WER »hou!6 be dillle( fBf II ~|l- 4( K li: nfcr rnloyrta g ailapcntffor ,tl|t I
      50 words
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      Page 13 Advertisements Column 3
      78 13 TROIKA IS IN TOWN Chef Tony Han Company uill serve you the finest Russian and Continental Cuisine at Troika. Enjoy your lunch uhile Elsa Yeo Top Models provide you with the latest fashion swim-wear show at 1.15 pm lunch 12 noon 230 p.m Dinner: 6.30 p.m 10 30 pm. For
      78 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      748 13 CRYPTIC PUZZLE ACROSS 4 Thinks of drinks out East (6) 7 Essential prerequisite for divorce (8) 8 Show inability to grasp things (6) 10 In these alps, a certain direction is south (5) 13 Those boys of Alison's? (4) 14 Thelma's nautical apparatus (4) 15 Sounds a bit freakish, this
      748 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1307 13 TV and RADIO 1 <r! fl KI6 r LAC K Ul' I DC K(C A V 9* 9 f Empress Place gets a new $24 million facelift OUR CHOICE FRIDAY BACKGROUND, 7.50pm, Channel 5 The first story tonight. The Empress on Exhibition', centres on Empress Place and its $24 million
      1,307 words
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  • SPORTS
    • Article, Illustration
      Lock icon An American legend returns to an old love
      721 14 GOLF Arnold Palmer is back for his 35th Masters UPI IN THE COMFORT of these most familiar surroundings in Augusta. Georgia, his memory vivid with feats of grandeur and his mind replaying the adulation that once overwhelmed him, reality ceases to exist.
      UPI  -  721 words
    • Article, Illustration
      Lock icon An easy day at work for Steffi Graf
      625 14 TENNIS AP AFP STEFFI GHAF used her overpowering serve to breeze into the quarter-finals of the US$3OO,OOO Family Circle Magazine Cup tournament on Wednesday, dispatching Regina Rajchrtova of Czechoslovakia 6-0, 6-2. The match under threatening skies on the green clay at the
      AP; AFP  -  625 words
    • Article
      Wild card offered to S'pore Davis Cup player
      242 14  -  By A SURENDREN A WILD-CARD ENTRY into the qualifying round of the Epson Singapore Super Tennis Championships has been granted to a member of Singapore s Davis Cup team The offer was made by Graeme Plum, managing director of Australian Sports Marketing
      242 words
    • Article
      Lock icon Club chief fears for future of event
      131 14 AFP THE CHAIRMAN of the Augusta National Golf Club does not want to see the US Masters become the "Pizza Hut Masters". "We're going to fight that route," Hord Hardin said in Augusta on Wednesday, referring to the growing corporate sponsorship of golf
      AFP  -  131 words
    • Article
      Lock icon Jersey champ has mixed feelings about title hopes
      185 14 AFP JERSEY OPEN champion Des Smyth is hoping that the absence of many of the top European players from this year s £150,000 tournament will enable him to regain the winning touch. Severiano Ballesteros. Sandy Lyle, Nick Faldo. Lan Woosnam, Bernhard Langer
      AFP  -  185 words
    • Article
      Lock icon Teammate reveals offer of money for injection
      265 14 THE BEN JOHNSON AFFAIR AP AN OLYMPIC TEAMMATE of Ben Johnson has said the sprinter once offered him money to inject him with steroids. Andrew Mowatt, a member of Canada's 1988 Olympic team, also said on Wednesday that he believed he was given
      AP  -  265 words
    • Article
      Lock icon Rose bet on baseball: papers
      450 14 BASEBALL AP CINCINNATI REDS manager Pete Rose bet heavily on baseball games during the 1987 season under a code-name, two Ohio newspapers said on Wednesday, quoting unidentified sources If true, the Cincinnati Reds manager could be banned from baseball for a year, or for life
      AP  -  450 words
    • Article
      Lock icon Briton to get a shot at the big time
      290 14 BOXING AP AMERICAN Mike McCallum and Britain s.Herol Graham will meet for the vacant World Boxing Association middleweight crown in London on May 10, it was announced yesterday. Denied a world title shot for years, the 29-year-old Graham will fight the
      AP  -  290 words
    • Article
      Lock icon Swiss tops Japanese downhill event
      105 14 SKIING AP DANIEL CADUFF beat fellow Swiss skier Peter Mueller by 0.01 seconds to win the men's downhill race in the Lark Sports World International Grand Prix in Japan on Wednesday. Austria's Anita Wachter, who won the women's downhill in the Japan Alpine Ski Championships
      AP  -  105 words
    • Article, Illustration
      Lock icon Hawks tear Sixers to shreds
      395 14 BASKETBALL AP REGGIE THEUS scored 20 of his 30 points in the first half and the Atlanta Hawks had more points after one quarter than Philadelphia had at half-time as they routed the 76ers 135-93 on Wednesday. The Hawks outscored the Sixers 40-14 in the
      AP  -  395 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      80 14 ..mosque JAVER B EUIVo m*g-: DRLD RIES NKIS »MES TO SINGAPORE >d i\il fvMxiHWV HVItA DHL SINGAPORE WOMEN'S OPEN 10-16 April, 1989 EPSON SINGAPORE SUPER TENNIS 24-30 April, 1989 Play each day from spm Available at: Excellent dining facilities Co,d Stora g e Centrepoint o iA/ ct iu An ik
      80 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Direct stake in D&C should bring a sigh of relief to UIC
      877 15 WMiaa mam*** HOCK LOCK SIEW UNITED INDUSTRIAL Corporation's decision to buy direct into D&C Bank Instead of indirectly through a stake in Roxy Electric Industries Bhd makes for a much neater deal. And much sense. Instead of paying
      HOCK LOCK SIEW  -  877 words
    • Article, Illustration
      Certain witnesses may have been hostile for their own reasons: Ng
      423 15 Insider Trading Trinl BUSINESSMAN ALLAN Ng yesterday told the court that certain important prosecution witnesses at his insider trading trial may have been hostile towards him for their own reasons although he did not want to speculate why as
      423 words
    • Article
      Lock icon MPHB likely to expand Dunlop Estates
      180 15 MBT THE Multi-Purpose Holdings Bhd group has consolidated and is set to expand The likely vehicle for its expansion plans is Ounlop Estates in which it has a 60 4 per cent stake MPHB executive chairman Chan Hua Eng said yesterday the expansion of
      MBT  -  180 words
    • Article
      HPL and Transmarco confirm Meridien talks
      526 15  -  HPL CONSIDERING RAISING FUNDS FROM CAPITAL MARKET By MAGDALENE NG HOTEL PROPERTIES Ltd (HPL) has confirmed that it is negotiating with several parties among them Transmarco Ltd to form a consortium to own and operate the Meridien Hotel and adjoining shopping centre at Orchard
      526 words
    • Article
      DIVIDENDS ANNOUNCED
      1397 15 Current Ei Book* Dale Total lor Total tor payment dale close payable the year la«t year Amtek Eng 4%TEIII Apr 12 Apr 1/ Apr 28 4%Tt I0%TI Asiatic Dev 35% May 22 Jun 5 Jul 4 SS% 5% A»imo ■S%T( Mar 1 Mor 13 Moy IS 25% Tt
      1,397 words
    • Article
      Trading in Hume Ind (M) suspended
      172 15 HUME Industries (M) Bhd's shares were suspended from trading both on the Stock Exchange of Singapore and the Kuala Lumpur Stock Exchange yesterday, pending the release of a statement by the group At press-time, the statement did not materialise Group officials could not be
      172 words
    • Article, Illustration
      ICS bracing itself to take on challenge of CPF scheme
      493 15  -  By MICHELLE OH INSURANCE Corporation of Singapore Ltd, the insurance arm of the DBS group, is positioning itself to tap the growth potential in the life insurance business with the proposal of the CPF dependants' protection insurance scheme Addressing shareholders
      493 words
    • Article
      Steamers begins trading on SES today
      193 15 STEAMERS Maritime Holdings Ltd, the hived-off shipping and distribution arm of Straits Steamship group, will begin trading on the main board today. It has also qualified as a trustee stock under the CPF Approved Investments Scheme The stock will be traded under the First
      193 words
    • SES
      • Article, Illustration
        Market up slightly with situational stocks still taking centre stage
        1140 16  -  by ANDREA BORCH SITUATIONAL stocks continued to dominate investors' interest yesterday and is expected to continue doing so into next week. A dealer said based on technical analysis, the local stock market is still slightly overbought and will be healthy
        1,140 words
      • Article
        COMPANY MEETINGS
        126 16 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 BERHAD: 19th AGM at No. 55 Persiaran Selangor, Section 15, ***** Shah Alam, Selangor, on Tuesday. April 18. at 11.30 am. CHEMICAL
        126 words
      • Article
        APPROVED ISSUES
        202 16 Company RIGHTS ISSUE 0 C Bonk On* lor two H K'Spo shor* fx dot* March 9 Books close March 23 Acc*pio«c* 4 toy"—" Moy 5 George Town fhr** tof two rt Jl 00 per sNj<« ii dot* Mo<ch 13 Books ck>s* Mo'ck 28 Acc*p*onc* Foy«*«i Moy 12 Inno
        202 words
      • Article
        PROPOSED ISSUES
        360 16 Company RIGHTS ISSUE Ayer Hitom Tin One to* on* 'Pt $1 10 P«r shore Beriayo Corpn Ok lor o"« p) Si 00 po' p«' ihore C 1 Holdings 11 million loon stocks m the ratio o' $3 loon stock tor every live ordmory shores he'd Covsewoy Inv Issue
        360 words
    • Article
      SES SHARE INFORMATION
      6440 16 Gr'a Gr'a 1989 Tai Last Vol Day Last Ouot* Div Div Yld N*t M Cap High Low Cod* Company Sal* 4-or-(•000) High Low Buyer S*H*r C'vr P/E (mil APR 06 SECTION ONE INDUSTRIAL A COMMERCIAL 162 111 t 1000 Ac ma 130 -3 89 132 128 129
      6,440 words
    • KLSE
      • Article, Illustration
        Lock icon M'sian prices finish firmer
        3754 17 MBT THE Kuala Lumpur stock market rebounded somewhat yesterday to close firm in moderate trading Selected tin and property stocks remained wellsought Twenty-sen gains were noted in Petalmg Tin which closed at Ms 9 35 and Timah Lingat at $10.10. while Rahman Hydraulics firmed 14 sen
        MBT  -  3,754 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Winning streak broken
        631 18 Tokyo Reuter TOKYO SHARE PRICES broke their seven-day winning streak yesterday to end sharply lower and just shy of the biggest one-day drop this year Rumours linked to the Recruit share scandal that has rocked the government fuelled selling in a market already due for a correction,
        Reuter  -  631 words
      • Article, Illustration
        Lock icon Stocks close weaker
        549 18 Australia Reuter LACKLUSTRE trading in the final session saw stocks drift lower on the Australian sharemarket yesterday. The All Ordinaries Index slipped 1.7 points to 1424.0, well off the day's high of 1432 3. Brokers said the market simply ran out of steam after the release of
        Reuter  -  549 words
      • Article, Illustration
        Late rally boosts prices by 23 points
        1441 18 Hongkong SHARE prices on the Hongkong market opened slightly higher in early trade atter the holiday on Wednesday. The Hang Seng Index rose 23.55 points to 3.015 51 and the Hong Kong Index advanced 16.42 points to 1,997 34. Share prices recorded mild
        1,441 words
      • Article
        Lock icon Taipei: Sharp rise in prices
        462 18 Reuter CONFIDENT Taiwan investors scooped up shares in almost every sector yesterday. sending the index to a steeply higher finish, dealers said. The weighted index gained 223.25 points, or 3 05 per cent, to finish at 7.535.87 against Tuesday's 7.312.62 finish. Turnover surged to NT575.44
        Reuter  -  462 words
      • Article
        Lock icon Manila: Mixed close
        206 18 Reuter PHILIPPINE stocks closed mixed yesterday amid government investigation of possible insider trading in a blue chip stock and positioning in oil shares ahead of a new oil exploration in the central Philippines. brokers said. The Manila Stock Exchange composite index slipped 2 99 points to 947
        Reuter  -  206 words
      • Article
        Lock icon Seoul: Shares sink
        192 18 Reuter SEOUL STOCKS fell yesterday as a protracted strike at a major shipyard and tension over a dissident's visit to North Korea rocked market stability, brokers said. The Composite Index fell through the 1.000 level and closed at 982.85, down 18.3 points. Turnover was 415.3 billion won
        Reuter  -  192 words
      • Article
        Lock icon New Zealand: Easier close
        197 18 Reuter THE NEW ZEALAND bourse closed a shade lower yesterday on good volumes but sentiment is good and the market should end the week on a positive note, brokers said. "There was a bit more business and some decent sized chunks which was indicative of a
        Reuter  -  197 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow rises in speculative trade
        836 19 New York Reuter SPECULATION in takeover stocks pushed US share prices higher on Wednesday, although investor enthusiasm remained limited amid concerns about the US economy, brokers said. US employment data for March, due out today, were the catalyst behind the market's economic jitters. "The market
        Reuter  -  836 words
      • Article, Illustration
        Lock icon Equities mixed at opening
        1002 19 London Reuter SHARES on the London market were quietly mixed at the opening yesterday with over half the FTSE 100 stocks unmoved as caution reigned ahead of Friday's key US employment figures for March. Dealers said a modest rise on Wall Street was balanced by a
        Reuter  -  1,002 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1818 19 Reuter AMSTERDAM: Dutch share prices turned mixed yesterday after a firmer start as caution reigned ahead of today s US March job data, dealers said The CBS AllShare Index fell 0.6 points to 175.0, 0.8 off a year high of 175 8 hit at the start Shipping
        Reuter  -  1,818 words
      • Article, Illustration
        Lock icon Exxon's spending to exceed US$7.5b
        889 19 We're interested in balance and growth: chairman Reuter EXXON CORP S 1989 worldwide exploration and capital spending is expected to surpass slightly last year s US$7 5 billion, depending on acquisitions, chairman Lawrence Rawl said "We'll probably be in that same ballpark this year." Mr
        Reuter  -  889 words
      • Article
        Lock icon Outgoing Heineken chief cautiously optimistic
        314 19 Reuter DUTCH BEER baron Alfred Heineken. who steps down later this month as chairman of the international brewer, has expressed cautious optimism about the group's future despite scant profit growth in the last three years. "I am optimistic but cautious about this year and beyond,"
        Reuter  -  314 words
      • Article
        Lock icon US corporations unlikely to sustain growth: analysts
        536 19 Reuter THE MAJORITY of US corporations are expected to post substantial earnings gains for the first quarter, but Wall Street analysts have forecast a loss of momentum later in the year They say the slowdown is not necessarily bad news for the stock
        Reuter  -  536 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      5 15 Clambo has been held over
      5 words
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      Page 15 Advertisements Column 2
      190 15 Financial Newsmakers This advertisement appears as a matter of record only STEAMERS MARITIME HOLDINGS LIMITED (Incorporated m the Republic o» Singapore) Public Invitation and Rights Offer of 72,000,000 shares of $0.20 each at $1.20 per share Managed by SIMBL Singapore International Merchant Bankers Limited Singapore International Merchant Bankers Limited Underwritten
      190 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      714 18 NOTICES THE COMPANIES ACT. CHAPTER 50 Section 290(2)(b> NOTICE OF RESOLUTION SANDOZ CROP PROTECTION PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of SANDOZ CROP PROTECTION PTE LTD held on the Ist day of April 1989, the following special resolutions were duly passed: RESOLVED: (1) That the
      714 words
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      Page 18 Advertisements Column 2
      749 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF QAF RESEARCH DEVELOPMENT (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290<2Mb)l At an Extraordinary General Meeting of the Company held at 9 Penang Road #12-00. Singapore 0923 on 31
      749 words
    • Advertisement
      Page 18 Advertisements Column 3
      754 18 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF MACTRARECO TRADING PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at the Conference Room of Foo, Kon Tan, 47 Hill Street #05-02. Chinese Chamber of Commerce
      754 words
    • Advertisement
      Page 18 Advertisements Column 4
      783 18 FORM 67 THE COMPANIES ACT. (CHAPTER 50) Section 295(1) NOTICE OF MEETING OF CREDITORS Name of Company: Scankit Kitchens Pte Ltd (In Member Voluntary Liquidation) Company No: *****/1985-R Notice is hereby given that pursuant to section 295 (1) of the Companies Act. a meeting of the creditors of the abovenamed
      783 words
    • Advertisement
      Page 18 Advertisements Column 5
      9 18 Managers must manage. BT shows you how every Monday.
      9 words
    • Advertisement
      Page 18 Advertisements Column 6
      32 18 Bombay and Bangkok markets were closed for a holiday At $140/- per panel, Timeszone is the unbeatable alternative. Call Jonea Wee on 730-5965 A guide to shops and services around your place.
      32 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      5 19 Stockholm prices were not available
      5 words
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      Page 19 Advertisements Column 2
      479 19 NOTICES ODGERS COMPANY MANAGEMENT CONSULTANTS PTE LTD (In M»mt)tr»' Voluntary Wincing-Up) NOTICE IS HEREBY GIVEN mat at an Extraordinary General Meeting of Odgers 4 Company Management Consultants Pte Ltd duly convened and held at One Bond Street. London WIX3TD England, on 3 April 1969 the following resolutions were duly passed
      479 words
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  • Article, Illustration
    GM S'pore aiming for $200 m investments
    449 20  -  Emphasis on electronic components for cars By JOHN TAN GENERAL MOTORS Singapore expects to raise its total investments from the current $145 million to more than $200 million within five years. GMS managing director Bill Spelman said yesterday that the additional investments would
    449 words
  • Article
    S'pore sends UN team to Namibia
    439 20  -  By BOEY KIT YIN SINGAPORE will send its first ever United Nations peacekeeping contingent by the end of this month to Namibia in southern Africa. The contingent, comprising 21 regulars from the local police force, is in response to an urgent request made by
    439 words
  • Article
    Lock icon African states to meet as bush battles continue
    275 20 Reuter A WEEKEND meeting between South Africa. Angola and Cuba is being arranged by the three parties as security forces and guerillas waged bush battles for a sixth straight day yesterday in northern Namibia. The three countries, which signed a regional peace
    Reuter  -  275 words
  • Article
    S'pore's foreign labour policy a good model, employers tell HK government
    459 20  -  By FOO CHOY PENG Hongkong Correspondent HONGKONG employer groups have singled out Singapore's foreign labour policy as an example of how a similar scheme can be carried out in the Colony without too much adverse social effects "Singapore offers
    459 words
  • Article
    Lock icon Malaysian property market upturn sustainable, says minister
    404 20 Bernama THE RECOVERY of the Malaysian property market beginning last year is likely to be sustained into 1990 if prices stabilise at present levels. Deputy Finance Minister Loke Yuen Yow said yesterday He was optimistic of a 10 per cent growth in transactions
    Bernama  -  404 words
  • Article
    Lock icon Sihanouk calls for Cambodian forum
    206 20 Agencies ONE DAY after Vietnam s announcement that it would unilaterally withdraw its troops from Cambodia by end of September, the Cambodian resistance leader. Prince Norodom Sihanouk. called on French President Francois Mitterrand to organise an international conference on Cambodia in Paris. In a press
    Agencies  -  206 words
  • Article
    Thai envoy seeks solution to foreign workers problem
    414 20  -  By LILIAN ANG THE MASSIVE repatriation of illegal Thai workers from Singapore has prompted Thai Ambassador Asda Jayanama to propose that future recruitment of such workers be done at a government-to-government level. Sources said Mr Asda met Construction Industry Development Board (CIDB)
    414 words
  • Article
    Lock icon New HK listing rules for firms shifting domiciles?
    296 20 Reuter THE Stock Exchange of Hongkong is considering new listing requirements for companies that move their domiciles overseas. Chairman Sir Quo-wei Lee said. "It is the duty of the stock exchange to ensure that the interests of shareholders of listed companies and
    Reuter  -  296 words
  • Article
    Lock icon Comex gold and silver
    98 20 Reuter COMEX GOLD futures posted minor gains in quiet morning dealings as traders tidied up positions before today s US unemployment data for March. June gold rallied US$l.OO to US$3B9 60 an ounce but short of Wednesday's high of U*****.00. Comex silver futures drifted higher on
    Reuter  -  98 words
  • LATE FILE
    • Article
      Lock icon Roh orders tough measures
      28 20 UPI PRESIDENT Roh Tae-Woo ordered South Korean officials yesterday to root out "violent leftist revolutionary forces" that sought to overthrow the nation's democratic order.
      UPI  -  28 words
    • Article
      Lock icon Pope to visit Indonesia
      34 20 AFP POPE John Paul II will visit Indonesia in October, Bishop Darmaatmaja told journalists after meeting President Suharto yesterday. The visit is at the invitation of the Indonesian government. AFP
      AFP  -  34 words
    • Article
      Lock icon Akihito may visit Beijing, Seoul
      77 20 Reuter EMPEROR Akihito may visit China and South Korea around the middle of this year, the first trip by a Japanese emperor to the two countries, a Foreign Ministry spokesman said yesterday. Japan's relations with East Asian countries are still heavily coloured by World War
      Reuter  -  77 words
    • Article
      Lock icon Ban on eating turtle eggs
      47 20 UPI A LAW prohibiting the consumption of turtle eggs went into effect in Trengganu yesterday as part of a drive to save the giant leatherbacks from extinction. Those violating the ban face fines up to US$5OO and six months in jail. UPI
      UPI  -  47 words
    • Article
      Lock icon Bilingual laws for Hongkong
      57 20 Reuter ALL laws passed in Hongkong from today will have equally valid Chinese and English versions, the colony's government said yesterday. The government is also translating all existing laws into Chinese and hopes to complete the task by 1994. three years before Hongkong returns to Chinese
      Reuter  -  57 words
    • Article
      Lock icon Colombo makes ceasefire bid
      59 20 AFP SRI LANKA has announced a unilateral ceasefire in fighting with anti-government rebels to end prolonged internal conflicts that have claimed more than 10,000 lives in the island. Foreign Minister Ranjan Wijeratne told reporters that a one-week truce would go into effect at the begining of
      AFP  -  59 words
    • Article
      Lock icon Shoot-on-sight curfew
      30 20 AP THE Pakistani government yesterday called in the army to quell ethnic rioting in the southern city of Hyderabad in Sindh province. Troops enforced a shoot-on-sight curfew. AP
      AP  -  30 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      180 20 What do you do if some of your guests want to eat seafood and others prefer Vietnamese food 9 No problem'!' Bring them to MEKONG VILLAGE Vietnamese Seafood Restaurant. We serve Singapore's famous seafood and Vietnamese cuisines under one roof!!! SET LUNCH SPECIAL Enjoy a delicious 6-course Vietnamese Set Lunch
      180 words
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      127 20 IMMEDIATE NOTICE OF IMPORTANT CARGO AUCTION RE: IRAN, U.S.A. TRADE EMBARGO (STOPPED SHIPMENT) District Case No 89-3002-***** Dec r of Treasury. U S Customs Service i Certified extremely high value hand-knotted PERSIAN CARPETS This fabulous collection consists of some of the world s prestigious masterpieces of Persian Rugs Carpets Runnels
      127 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Shares purchase agreement
        131 21 SEA Containers House and the Marine Container Insurance Co, wholly-owned subsidiaries of Sea Containers, have reached agreement to purchase from the Templeton group of companies for investment purposes 1.3 million common shares of Sea Containers. Sea Containers House recently purchased 1,050,000 shares of Sea Containers common stock
        131 words
      • Article
        Lock icon Queensland ports opens
        73 21 Reuter THE PORT of Townsville, Queensland, is operating normally again after tropical cyclone Aivu crossed the coast on Tuesday, Lloyd's Shipping Intelligence Service said. Abbot Point is mopping up and expected to be operational again soon, while Hay Point and the Dalrymple Bay coal terminal will open
        Reuter  -  73 words
      • Article
        Lock icon Leif Hoegh profit improves
        136 21 International Transport Journal THE consolidated annual report 1988 for Leif Hoegh Co A/S shows a Nkr 207 million profit, NKr 147 million more than in the previous year.This profit, which is substantially higher than the previously announced estimates, is due to changes in accounting principles, the
        International Transport Journal  -  136 words
      • Article
        Lock icon Tokio plans investment subsidiaries
        87 21 Lloyd's List TOKIO Marine and Fire Insuarance Co, Japan's top non-life insurer, plans to establish investment subsidiaries in the Bahamas and Luxembourg in the near future Company officials said it had already filed applications with the Japanese authorities and was awaiting approval. The whollyowned subsidiary in
        Lloyd's List  -  87 words
      • Article
        Lock icon Ship casualty report
        78 21 Reuter Reuter THE 29,023 dwt Greek bulk carrier Sapporo Olympics came into contact with the 80,735 dwt American steam tanker America Sun during lighterage at Chittagong outer anchorage on Monday, Lloyds Shipping Intelligence Service said. Both vessels sustained damage, Lloyds said. THE Panamanian ro-ro vessel Conti Bavaria,
        Reuter  -  78 words
    • Article
      Index to advertisers
      950 21 AS Shpg VII ABC Conto»nerlme XI Accord Shpg VNI AfS XNI AKrenkiel liner XII AC Toepfer XIII American Tpt XII Arrow lines XI Assoc Camoge XIII ANl III A PC line VII API V ASCI V Atlos line XIII Bait Conoda line IX Bolt Orient line IX
      950 words
    • Article
      Kuching Port plans another terminal
      301 21  -  By G DURAIRAJ KUCHING Port Authority plans to build another terminal downstream Sarawak river to cope with demand for cargo handling requirements after 1990. The proposed terminal will be closer to the river mouth and allow the entry of bigger vessels which the port expects
      301 words
    • Article, Illustration
      Far East yards may repair Exxon Valdez
      494 21 SINGAPORE is a likely contender for a US$l2 million contract to repair the Exxon Valdez which recently caused the worst oil spill in the history of the United States. Overseas reports say Exxon officials are eyeing points in the Far East as sites
      494 words
    • Article
      Shipbrokers to hold luncheon talk on April 29
      108 21 THE INSTITUTE of Chartered Shipbrokers (Singapore Branch) will be holding a luncheon talk on April 29 at the World Trade Centre Club. Mr Joseph Kwok, the general manager of the Chartering Division of Neptune Orient Lines, will speak on the subject of
      108 words
    • Article
      Lock icon Major Japanese ports paralysed by strikes
      188 21 Reuter ABOUT 50,000 Japanese dockworkers went on strike yesterday to support demands for higher wages and shorter working hours, paralysing the country's major container ports, shipping industry sources said. The container yard blockade followed a two-hour strike at six major ports on Wednesday, and
      Reuter  -  188 words
    • Article
      Iraq building 10 berths
      93 21 IRAQ is building 10 loading berths at the Gulf port of Umm Qasr at a projected cost of more than $150 million, according to the Iraq News Agency (INA). The agency said the scheme was designed to increase the port's trade capacity from its current low
      93 words
    • Article
      Tilbury impressed with Singapore's paperless port concept
      249 21  -  By Jean Foong THE PORT of Tilbury is "extremely interested in Singapore's concept of the paperless port" and is looking into the possibility of implementing it in Tilbury, said its chief executive. Mr John McNab. He hopes to establish links with shipping companies
      249 words
    • Article, Illustration
      OOCL in global strategy to establish a network
      1583 22 Orient Overseas Container Line is actively pursuing a corporate objective to develop the company as a global integrated transport organisation. It already has offices in strategic areas like Europe, North America and Japan. This article from Containerisation International looks at the prospects
      1,583 words
    • Article
      Bunker market report
      541 22 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Cimac limits Spec E25 991 1.0 15.0 0.10 30" 0.15* Spec G35 991 1.0 18.0 0.15 30* 0.15* Northern Europe 180 Ave 983 0.2 13.6 0.05 8 0.04 180 Max 993 2.0
      541 words
    • Article
      Who acts for whom ...
      2189 22 Who acts for whom A —B AB Shipping Boustead Shpg Agencies (S) ABC Contamerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agency (S)/Multiport Sdn Bhd (PK) Alltrans Aiitrans Express (S). American President Lines APL
      2,189 words
    • Article
      New marine oil from Castrol Far East
      286 23 AN INNOVATIVE marine oil, Cyltech 80. makes its debut in the regional marine and shipping industry today. Marketed and manufactured by Castrol Far East in Singapore, this UK-developed marine oil is the first in the market to contain anti-wear additive agents, said the
      286 words
    • Article
      Lock icon Drop in Ocean Transport's profit
      183 23 Reuter SHIPPING group Ocean Transport and Trading pic said results from its distribution activities suffered from difficult trading conditions in European commodity storage markets. It earlier reported pre-tax profit fell 7 per cent to £38.5 million in 1988 on sales 6 per cent higher at
      Reuter  -  183 words
    • Article
      Hyundai asks lEAT to reconsider decision
      383 23  -  By RICHARD NG HYUNDAI Construction and Development will ask the Industrial Estates Authority of Thailand to reconsider its decision to exclude the firm from a list of successful bidders competing to build the multimillion deep-sea port of Mab Ta Phud In a press conference,
      383 words
    • Article
      London Freights
      1062 23 MODERATELY active iron ore business on Wednesday was reported with five cargoes covered, one of which aided a seven points rise in the Baltic Freight Index to 1.621, brokers said A firm US$7 95 was paid for 70.000 long tons iron ore from Monrovia to Rotterdam which lifted
      1,062 words
    • Article
      SHIPPING LIST where your ships are due... and when
      10214 30 aaaßaaaii 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
      10,214 words
    • Article
      Lock icon Tokyo Tanker negotiating two large tanker orders
      363 34 Reuter TOKYO TANKER Co Ltd. a tanker operating arm of Nippon Oil Co Ltd, is negotiating with Japanese yards to build two very large crude carriers (VLCC), a Tokyo Tanker official said. The company plans to order one 250,000-dwt tanker each from Mitsubishi
      Reuter  -  363 words
    • Article
      World-Wide defends action
      240 34 HONGKONG shipping magnate Sir Yue-kong Pao's World-Wide Shipping Agency defended sanction-busting and said the firm would continue to ship oil to South Africa. According to the South China Morning Post, he shrugged off claims made by a Dutch monitoring group that WorldWide had given false information on
      240 words
    • Article
      Iraq to resume oil export from Faw as soon as possible
      191 34 IRAQI OIL Minister Issam Abd-ul-Rahim al-Chalabi said Iraq would as soon as possible resume exporting oil from the southern port of Faw, badly damaged in the Iranian-Iraqi war. Chalabi said "we are exerting efforts to resume the export of
      191 words
    • Article
      Lock icon Maltese ship found with no sign of crew
      260 34 Reuter THE WRECK of a Maltese freighter reported missing several days ago has been found off the coast of the United Arab Emirates (UAE) but there were no signs of the 20 Asian crew, the ship's agents said. A spokesman for the
      Reuter  -  260 words
    • Article
      Container schedules/ships in port
      1864 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Op code cargo schedule Location lexa Ms 8904 07 04 89 1800 MS n 0700 0730/0615 0645 JI/GI 'orgs B 0730 0600,0915 0945 HI/PI 14/491 07 04 89 2100 ro
      1,864 words
    • Article
      Shipping events
      251 34 April 11-14 Freight Show Rotterdam. international trade fair, Ahoy Rotterdam/ April 18-21 Expoship 89, international marine conference and exhibition. Barbican Centre, London. April 18 Advances in hull and propeller design, technical meeting. 1730 hrs. Institute of Marine Engineers, The Memorial Building, 76 Mark Lane. London EC3. April 22-28
      251 words
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      8 21 TIMES Vtfe*' v*. STP Distributors r#mes PuMishituj Croup
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      17 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 21 Advertisements Column 3
      133 21 TIMES STP Distributors Their Bookings For Course Placings Overfloweth... i s 1 i m s\ Si 7i j 2 <& .c a 5 .1 >/' 2) '3*2 5T /> 0 V S3E 1 1 1 ar Business Times has proven its effectiveness in the advertising market yet again. Recently a
      133 words
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      Page 21 Advertisements Column 4
      119 21 #>3Sg! m Global strategy ORIENT OVERSEAS Container Line (OOCL) is becoming an even more widely known name around the world, as a result of an organisational restructuring which is aimed at promoting itself as a global containerised integrated transportation company. PAGE II Hyundai request HYUNDAI Construction and Development will ask
      119 words
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      68 22 APPONTMENTS K Join the leading NVOCC FREIGHT MANAGEMENT SINGAPORE DOCUMENTATION PERSONNEL 6 months or more experience in shipping documentation covering consolidation activities. able to type CUSTOMER SERVICE EXECUTIVE/OFFICER 1 year or more experience in seafreight shipping cargo consolidation outgoing personality with strong interpersonal and communication skills self motivated to succeed
      68 words
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      614 23 JAROINE SHIPPING AGfNCIES 200 Cantonment Road #12-06 SouthpoHil. Singapore 0201 r«t *****11 TELEX NO RS 241/9 TERMINAI/CFS Td *****11 220 BOOKINGS Td *****34 235 PCSAKA JAROINE SHIPPING AGENCIES SON WO PORT KEUNG TEL: *****11 Telei No MA*****/MAJJ7OI PENANG TEL *****4 TELEX NO MA4CO73 CfS TEL *****6 PGUOANG TEL: *****2/3 TELEX
      614 words
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      Page 23 Advertisements Column 2
      1012 23 MCKINNEY M LEOA M LICA M MARIT M MARCHEN M LEISE M LOUIS M This week Mckinney M Closing CY 10/4 2300 MRS CFS 10/4 1300 MRS DESTINATIONS Feeder by M Kobe t M Tauro Sailed Sailed Sailed In ft 13'4 14/4 20/4 21/4 27/4 28/4 4/5 5/5 11/5 12/5
      1,012 words
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      631 24 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BREMERHAVEN ROTTERDAM; ANTWERP MONTE ROSA ALASKA MARU city of Edinburgh LARGS BAY BONN EXPRESS BENCAIRN LONDON EXPRESS HAMBURG EXPRESS 29/4 3/5 7/5 14/5 13/5 16/5 20/5 21/5 27/5 28/5 ALSO ACCEPTING CARGO TO ALI UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN, AARHUS. GOTHENBURG. MALMO HELSINKI. OSLO.
      631 words
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      Page 24 Advertisements Column 2
      457 24 'rrr o COLUMBUS LINE REEDEREI GMBH (A SERVICE Of HAMBURG-SUDI \V IXPRfSS SIMKOWTAICF StfIVTCE TO il'i'lilLl'JJUl (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COLUMBUS NIUGINI VSS 14 16/4 Port Moresby, La*. Rabaul. Alotau (Direct) TAYBANK V9S 30/4 Port Moresby, Lie. Rabaul. ____J Kimbe Accepting LCL cargo for main ports discharge and also
      457 words
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      Page 24 Advertisements Column 3
      1073 24 I 53 v 2? 5^ hj/Lzi Q TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) NORASIA SAMANTHA V 8905-3 17/4 WOENSDRECHT V 8906 3 25/4 NORASIA MUBARAK V 8907-3 2/5 NORASIA AL MANSOORAH VB9OB-3 9/5 Anterp via Rotterdam Bremen via Hambuig TO MEDITERRANEAN (VIA FEEDER) PEN PKL SIN PIR
      1,073 words
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      1180 25 Steamers Maritime Holdings Ltd W*P&O Containers STRAITS SHIPPING Singipora to Sabih, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK S'KME B'KOK PtCASUS PROCRESS V565N OJ-1Q Apr U-U Apr IPCGASUS PIONEER VKN U-U Apr 15-16 Apr BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH. SARAWAK AND BRUNEI ACCEPTS
      1,180 words
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      Page 25 Advertisements Column 2
      1316 25 Ta.CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE FMG FLOTA MERCANTE GRANCOIOMBIANA, S.A s*' ONA. UM o« roiowßa To Bueruventura/BarranquiJla/Santa Marta/Carlagena/ Cristobal/Santo Domingo/Port Au Prince Pto Quetzal/Aca|utla/San lofen.ro/Corinto/Pto CaMera CAVN COMPANIA ANONIMA VENEZOLANA OE NAVEGACION (NATIONAL LINE OF VENEZUELA) AIGCNIB JC 10 U-12 Apr To: Maracaibo/Puerto Cabello/George
      1,316 words
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      534 26 mSINOSE MARITIME PTE LTD m IRAN MEEAO PJL69I ISLAMIC RiPUBLIC OF IRAN SHIPPING LINKS IRANIAN lE* VICE Singapore Loading for:Eta 11/4 BANOAR ABBAS KYOWA LINE MOTHER VSL KYOWA HIBISCUS V.3t KYOWA VIOLET V.25 LOAD FOR: VILA, NMA, LTK, SUVA. PAGO. APIA GUAM. SAIPAN. HRA, VILA. NMA. LTK. SVA, PAGO, APIA
      534 words
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      Page 26 Advertisements Column 2
      965 26 TO EUROPE VIA SUEZ HANJIN SHIPPING CO., LTD FVLI V CONTAINERISE:' .SERVICE" I TO USA PACIFIC SOUTH WEST HANJIN ROTTERDAM 2W CHOYANC CHANCE 41* HANJIN MASAN ttW HANJIN IE HAVRE 1W S'por* L#Ha»r* R dan H burg B h-iven Fitow* 9/4 X/ 4 27/4 21/4 30/4 Ift Mi «/S 10ft
      965 words
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      Page 26 Advertisements Column 3
      877 26 EVERGREEN Full Container Service lound-The-World East Bound (FE/CARIB/USEC/EURO/FE) om ?2. 5* *1 ott ITO Ml LH* *»l Id ax NK W iS 01,5 M 1U £2! Mi B# U« 14* 1* UK 11/* iw? S 2! 22 1! S S S; 20m 2106 23/ os 2107 S£ !S5 am im
      877 words
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      876 27 ■w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES ACCEPTING MURUR AN/TOMAKOMAI/HITACHI CARGO VM HKG JAKARTA BANGKOK VESSEL SEA HAWK SEA HAWK HAI GUANG SEA HAWK SEA HAWK MAJAPAHIT SURABAYA/SEMARANG XINGANG VESSEL KOTA MELATI KOTA MELATI KOTA MELATI KOTA MELATI VESSEL SEA DRAGON
      876 words
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      Page 27 Advertisements Column 2
      262 27 aj S NQRBUL NORBULK CARGO SERVICES LTD *11 REGULAR CONVENTIONAL 1 SPORE MARATHON UNITEO AGENCY PTE LTD TEL 2225 M KUPK: S P VEO SHPQ A TROG KL 7M9«44 PK J6MIOI SABAH TRANSPAC KK TEL 594«8 2212 M t A BREAKBULK SERVICE TO EUROPE/UK S'pore P K*l»nj Loadinf For NORASIA
      262 words
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      Page 27 Advertisements Column 3
      195 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN ASIA SHIPPING NEW CALEDONIA, FIJI AND a wnJiJTiii SIN I*4 29/4 13/5 MAIN LINE (TS) NKC NOUMEA SUVA AKL NAP TIM TA VOYAGER IS 23/4
      195 words
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      Page 27 Advertisements Column 4
      569 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE VSL/VOY SP( MATARAM/23W8 13-1 PALEMBANG/12WB 3-5 KUTAI/17WB 10-1 ANTWERP HBURG/ ROAM/ADAM BREMEN 11/5 16/5 6* 11/6 13/7 IS/7 Bubf*d to Inducwnani Atoo accepting cargo to
      569 words
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      Page 27 Advertisements Column 5
      398 27 BOUSTEAD SHIPPING AGENCIES fte BURMA FIVE STAR SNIPPING CMMMTIf II (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok PA AN VI36W 8/10 Apr PAGAN VI4OW 9/11 Apr HTONEYWA V246W 16/18 Apr BANK LINE NORTHBOUND TO UKC SPORE ROAM HMBG HULL TAMATAI SAMOA VISN 23/4 20/5 24/5 10/6 FORTH
      398 words
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      673 28 Lkl KAWASAKI KISLN KAI SUA. LTD. K LIN I mrr.'.r i'.v-A-ATLANTIC COAST NEPTUNE JADE VlB/OOCL FH OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET VIA FEEDER NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET AMERICA PACIFIC SOUTH-WEST FEEDER VESSEL MARIA NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE N. AMERICA PACIFIC NORTH-WEST ACE CONCORD
      673 words
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      Page 28 Advertisements Column 2
      558 28 f /66 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Containers Stnppott P ««jn( Ptnanf loading (or Mothcf W By Feeder Feeder KALIOAS V.42 13 May 7 Mi, 7 M>y Frw/IMb^dn/AM TulS I DAS V«1 31 May H May May rft-iJMWSy<In/A<M KALIOAS Y. 43 30 June 24 June 24 June Frem IMb
      558 words
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      Page 28 Advertisements Column 3
      500 28 GOLDEN LINE GIMN GUM) SWUNG (PIE) LID II f«M ktm SirMt UNCAMWC MM HI: VM)W (M INKS) r«: M4KM STRAITS/PERSIAN GULF SERVICE: QOLOCN HAVtN Cdomto/KjracKDut* GOLOCN BIAR Cofcwbo Ktradii Dub* CHINA SERVICE A VESSEL Humcpu Shanfta. S'por# PKelang Penang 14/15 Apr Apr CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S
      500 words
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      Page 28 Advertisements Column 4
      415 28 \SS PHILI'ORIENT LINES PTE LTD| HEAD OFFICE: 63 ROBINSON P.OAD cO7-12 AFRO-ASIA BUILDING SINGAPORE 0106 TELEX: RS ***** PHILI FAX *****76 w H.Vifi? ir ETA SINGAPORE I DESTINATION DUBAI, DAMMAN. KUWAIT, DOHA. MUSCAT. BAHRAIN JEDOAH (La) WEEKLY AQABA, MODE ID AH I NEW GENLORD IWT/WEtT WMCVMH FBtUL MB MOMBASA. DARESSALAM
      415 words
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      883 29 S |»ie Gw4ul fnquirm itmn NiPTUNE AGENCIES PIE. LTD. Booking ft io/Ausr trnnj ?«om 2m\» SoofclltM fPA/SfA 2/SV42 imi 6 ?noi« 111 Wild/ Outvuaul mm 4 rermiivtl W***** CfS 222U5J NEPIME SON BMO PH«Un« M lumour ****** t NEPTUNE Ptnang MOWS tinto am untj *****0 *****3 *****4 EXPORT 1 n:-
      883 words
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      Page 29 Advertisements Column 2
      170 29 VteA je container line f A TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST SRI LANKA/ INDIA NEW ZEALAND/ AUSTRALIA mm J£ CNTP LINE (P KELANG) TEI (03) 367 1200 1 J£ CNTP LINE (PENANG) TEL (04) *****6 INDIA/S.E. ASIA Ccxivanttonal/ LCL/FCL Sarvlca To
      170 words
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      Page 29 Advertisements Column 3
      384 29 •9 00* AW HEUNG-A SHIPPING Korean Flag Vessels 1 SEM. -CONTAINERISED DIREC P KEIANG PENANG KEEIUNG SERVICE TO BUSAN INCHON STRAITS/KOREA SERVICE Vessel's Nam* ETO BS S PORE PKLG KEE BUSAN MO JI #ORAGNETW3N 2MB In Port K4I/M 17 17(04 22 24/R4 23(04 NO DONAM/M3N 31/10 11 13/04 13-14/04 22-2204
      384 words
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      Page 29 Advertisements Column 4
      862 29 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220K41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANC p KELANC MESSRS HAI THONG SHIPPING 127 Pew* Street. Pen**. Malaysia M S HANDLINC SYSTEM
      862 words
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      288 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. rci 22«» 6868 (.14 Iwf) FAX 22*2439/*****/6 IIUX HS ***** A/H SSCMA. US A/H S.SCAO I DSR-LINES •EG 3E j T PfUCHT SEEPEEOERE ROSTOO i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "VIA UUMACA. ACCEPTING CARGO FOR UMASSOL BEIRUT.
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      59 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE IVITH f|X£o DAY ARRIVAc KABUKI V2O HERMCS AC£ V» HAKUSAN II W CONTINENT W1 KABUKI V2l HERMES ACE 21 UMBMEBMEIEiEI ImmdSUEiEiua imBBISSBSMCBdQQHI OBHHEMacaia EXPORTS TO SURABAYA TSKLINE AGENCIES (S) PTE LTD TEL* W MALAYSIA AGENT: TRANS-ASIA SHIPPING* CORP^ TEL: K L *****77 PKL *****64 PNG
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      Page 30 Miscellaneous Column 1
      179 30 I Regional Weather V 4 0 k 'A •ft vIS f. >v.\ •1 ?A 'A I fX &te&! SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. April 7, IM9 R Thunderstorm c AS. A wer Weather Wind drecfion with speed m knots R<*n V-/ Wow height Cloudy Sky SeHoce wmWi
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1051 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 I IRAQI LINE \C IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALWASITTI 15/4 S. Korea. Japan THROUGH Sits (0 BAGHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQAOA 4 BACHOAO REEFER SPACE
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      Page 31 Advertisements Column 2
      780 31 SIGMA EXPRESS (S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) FAX *****75 TLX: RS ***** SHIP TEL: *****44 (6 Lines) a Straits Container Agencies VESSEL VOY ISPORE IJAKARTA DELTA MAS 97N/98S 8/4 11/4 DELTA MAS 98N/99S 15/4 18/4 DELTA MAS 99N/100S 122/4 125/4 CONVENTIONAL SERVICE VESSEL VOY NO I S PORE JAKARTA
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      62 32 CSAV Comodtii? SJd Americana fie Vjoores 5 C«i/ejrt Life fu. '«r: EXPRESS SERVICE TO/FROM CHILE mot* vcssii CSAV 1 CSAV 2 MOTHCR VISStL LUCK V IJUCB ATACAMA V 1S»IB HK »4 1V» Y0«0 ARICA IQQ ANTOf VAIP SAI CARGO fOR PUNTA ARENAS. TAICAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO
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      Page 32 Advertisements Column 2
      483 32 Cargo bookings Tel i) private limi I: *****88 (5 TUQ BARGE' NYAMA TRIOENT EMERALD BACALOC TEQUILA SUNSHINE REGULAR LINER SERVICE TTTW ETA 10-15 AM BANDJ ETA It APR ISTANBUL/GENOA/VENICE/RIJEKA ETA APR HKC, S'HAI ETA 111 APR MANILA. BATANCAS ETA 10 APR BENGHAZI, TUNIS LD SEALS LINER SERVICE OLYMPIC MERIT End
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      Page 32 Advertisements Column 3
      329 32 )1* PERINTIS LINE II WEEKLY Full container service ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA ao Anson Road #25-04 IBM Towers Singapore 0201 Tel: *****33 Tl«: ***** A/B PTASIA FAX: *****53 CR NO. **********0 C ahrenkiel liner service CONTAIN** LCL service TO POR" IDUIS 4 DURBAN WESTBOUND «N
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      679 33 I Everett Lines/ I COMPANIA PERUANA OE VAPORES "PERUVIAN STATE LINE" LOAOING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS' WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION Penang* P. Kelang Singapore MURRAYEVERETT 9/10 Apr 11/12 Apr THOMASEVERETT 23/24 Apr MUCH EVERETT 1/3 May
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      Page 33 Advertisements Column 2
      407 33 ZIM FULL CONTAINER SERVICE accepting FCL/LCL ur|OM to USA Dst A Nml Co.it, C«rribbMn.U«t C«n*d4. HAITI CotU Rica. El Salvador. Guatemala. Honduras. Vanuucla. Peru Ecuador. Colombia via Miami. Trinidad. Barbadot Anttfui St Lucia. MontMrrat. Guayana via Kingston SZHZHETMUUIUIIi 9! J, IM NEW YORK IM IBERIA W IBERIA IM MONTREAL AUSTRALIA
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      Page 33 Advertisements Column 3
      507 33 nr MWfMQ ft IMMMUMfION (Fit) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 8 APR MANILA 12 APR HONG KONG. ALL CHINA PORTS 8 APR KEELUNG. KAOHSIUNG 8 APR BUSAN It APR TOKYO. KOBE 11 APR CHITTAGONG 7 APR DUBAI 10 APR SYDNEY, MELBOURNE 11 APR BRISBANE. ADELAIDE 11
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      Page 33 Advertisements Column 4
      467 33 FL SHIPPING PTE LTD FINE LINER SHIPPING PTE I/IT /O SHFNTON WAY #04 0?C MARINA HOUSE S PORE 0?07 TLX RS 22M1 FLINER FAX *****56 TEL: *****77 (12 F INES) MIDDLE EAST SERVICE (FCL LCL) DUBAI, DAMMAN, KUWAIT, BAHRAIN, MUSCAT. ABU DHABI 10/4, 12/4, 21/4 30/4, 1/5, 9/5 FAR EAST
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      Page 33 Advertisements Column 5
      427 33 h PTC CONTAINER LINES fCL LCI SERVICE Si* FAR EAST 9/4 KEELUNG/KAOHSIUNG 8/4 BANGKOK 9/4 MANILA 8/4 JAKARTA 8/4 PORT KELANG/PENANG 11/4 BUSAN 11/4 TOKYO/YOKO/KOBE 11/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou; Xiamen/Xingang/Shanghai SIN EUROPE/UK 9/4 RDM/HAM/ANT/LE HAVRE/GENOA 9/4 LDN/FLX/LVP/SOU sin r 9/4 L.A./NYC/SFO 9/4 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      86 34 Expeditors International (Pac-Bridge Shipping) U.S.A. Twice Weekly LCL/FCL Services To/Fro W Coast, E Coast Inland Points EUROPE WEEKLY CONSOL TO/FRO* MAIN EUROPEAN PORTS Also Accepting Cargo to Other Destinations Bookings Enquiries to: TEL: *****24 FAX: *****79 TLX: RS ***** EISWB cargoways agencies p/i. Tel: *****07/ *****H9-9I BOM/KHI/COLOMBO 10/4 21/4 MADRAS
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      Page 34 Advertisements Column 2
      652 34 CALL US AT: P. KELANG PENANG i. BAHRU P GUOANG SINGAPORE K. LUMPUR 3685/53/368/111 <M-*****2/4, 62/293 0/-*****8 0/-5U373, 5113/5, *****0, 5133/1 02 *****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER la-iipvVJM'. 1 i: 'I! r-l rrr» *rr OTHER DESTINATIONS AARMUS. AMSTERDAM. ANTWERP, BASLE. BREMEN BREMERMAVEN COPENHAGEN HELSINKI. MALMO.
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