The Business Times, 12 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 WEDNESDAY, APRIL 12, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    268 1 Dow up WALL STREET was mixed in light trading yesterday morning after opening on a slightly stronger note. The Dow Jones average of 30 industrials was up 0.37 points at 2.302.24 by 1430 GMT after one hour of trading. Advancing issues outpaced declines by about six to
    268 words
  • Article, Illustration
    Singapore market hits new post-Crash high
    325 1 REGIONAL MARKETS gained ground yesterday as the local market went on to hit a postCrash high on record volume. In Singapore, the Straits Times Industrials Index climbed 9.46 points to a post-October 1987 high of 1,201.43 on record turnover of 123.9 million units worth
    325 words
  • Article
    Shangri-La plans 400-room block
    726 1  -  Proposed extension expected to cost $80m to $120 m By LEE HAN SHIH RIDING on record profits, the listed Shangri-La Hotel Ltd is planning to build a 400-room extension to its hotel of the same name. It is understood that plans for building a hotel block
    726 words
  • Article, Illustration
    'At least another two buoyant years ahead for ship-repair yards'
    418 1  -  By LINDA CHEE LOCAL ship-repair yards can look forward to at least two more years of work at full tilt. The sector s bullish outlook was underpinned by a 45 per cent growth last year which hoisted turnover to $999
    418 words
  • Article
    Lock icon Takeshita refuses to resign, saying donations were not bribes
    574 1 AP JAPANESE Prime Minister Noboru Takeshita told parliament yesterday that he had received over 130 million yen (about US$l million) from Recruit Co but refused opposition demands that he resign. This was a reversal of what he told parliament last October
    AP  -  574 words
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      Page 1 Advertisements Column 1
      154 1 ;,*/*!}<.!^?}\:}]!]:=;!?$=()`,} Full report, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 IBS Commercial Property Loan The first step to buying your own business premises Our Bank understands the difficulties of starting your own business. And the major decision to finally purchase your very own premises. IBS Commercial Property
      154 words
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      Page 1 Advertisements Column 2
      263 1 Can Inno-Pacific do it? CAN Inno-Pacific Holdings make the switch from a franchisee of Kentucky Fried Chicken to a global franchisor of pizza? BT talks to two directors of the company Herman Hochstadt (executive chairman) and Gopinath Pillai for the insight into the Shakey's deal and its strategies. See PAGE
      263 words
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      Page 1 Advertisements Column 3
      31 1 A Of EtUtlt&b*a nhetwain SINCE 1888 Made in WEST GERMANY WHAT YOTI) MHinp LHAST IfXPHCT IN A SIIYFOOI) RI:STAI RANT 1 i; -> .'"s B. ?v-- <* >V ~:*S® 1 •i <1 ,-r?
      31 words
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  • HOME NEWS
    • Article, Illustration
      A Bjorn Borg holiday resort in Singapore?
      576 2  -  By ANNA TEO SINGAPORE, the first leg of Bjorn Borg's farewell exhibition match tour, could well turn out to be one of the first locations of a Bjorn Borg resort too. Developing holiday resorts is one of various commercial ventures the Swede tennis
      576 words
    • Article
      PSA celebrates silver jubilee
      174 2 THE Port of Singapore Authority yesterday celebrated its silver jubilee with justifiable pride. Besides a spate of recent achievements, its chairman Lim Kim San said that Singapore is now the world s busiest port in terms of shipping tonnage as well as the leading bunker port.
      174 words
    • Article
      $9m worth of business from Frankfurt fair
      79 2 SINGAPORE manufacturers returned from the week-long 82nd Frankfurt International Spring Fair 1989 with $3.9 million worth of confirmed orders and $5.4 million worth of business to follow. The fair, from Feb 18 to 22, attracted 4,445 exhibitors from 60 countries and over 110.000
      79 words
    • Article
      New rules for accountants likely to cover advertising, professional titles
      514 2  -  -by ANNA TEO A REVISED SET of rules and bylaws governing accountants is expected to be enforced within the next few months. The new rules proposed by the Institute of Certified Public Accountants of Singapore (ICPAS) have been submitted to
      514 words
    • Article
      Hanover fair key to Incom expansion
      515 2  -  By LIM SOON NEO INCOM SINGAPORE Re Ltd, the only company from Singapore exhibiting at Hannover Messe Industrie 89. is scouting for European distributors for its roller chains ahead of its expansion plan. "We're looking for distributors in England, France, Spain, Greece and the
      515 words
    • Article
      DHL may service Phnom Penh
      131 2 IN ANTICIPATION of a resolution to the Cambodian imbroglio, courier company DHL International is trying to add Phnom Penh to its global network. DHL International, which started service to Vietnam in January and to Laos last month, said it hoped to start service to Cambodia
      131 words
    • Article
      Handphone calls going underground
      231 2 USERS of handphones can now make calls while travelling underground on the MRT system, a world's first for Singapore. Singapore Telecom announced yesterday that this had become possible as it had set up 12 base stations inside the underground MRT stations at a cost of $10
      231 words
    • Article
      MEMO PAD
      326 2 Seminars andfWSn S CAHNERS EXPOSITION GROUP Courses li V»L Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 Apr 12 Effective Planning Boulevard Hotel Datasearch *****3) Budgeting Techniques Resources Apr 14 Private Placements Dynasty Hotel IIR Pte ltd *****21 Apr 15 A Successful Sales MIS Theatrette Marketing Institute *****88
      326 words
    • Article
      Direct Cebu-S'pore flights unlikely for now
      660 3  -  By AL O LABITA Jr THE PROSPECTS of Singapore Airlines launching a direct flight between the Republic and the central Philippine city of Cebu appear bleak. Reason: Manila baulks at SlA's idea of deploying its subsidiary, Tradewinds, to run the service. "Allowing Tradewinds would
      660 words
    • Article
      Representations on bill invited
      155 3 THE PUBLIC is invited to make written representations on the Companies (Amendment) Bill now before a Select Committee. The bill seeks to amend the Companies Act in two respects: liberalising the requirements of the Act for a prospectus to enable the development and advancement of bond
      155 words
    • Article
      Call lor comment on draft standards
      72 3 THE SINGAPORE Institute of Standards and Industrial Research is inviting public comment on three standards and the updating of an existing set. They are: specification for safety of household and similar electrical appliances; specification for lifting gear; specification for glazed ceramic tiles and tile
      72 words
    • Article
      Major boost for local aerospace industry
      305 3 A MILESTONE has been achieved by the Singapore aerospace industry in servicing aircraft. It was disclosed yesterday that the governmentowned Singapore Test Services has been awarded a Class 1 Certificate to enable its engineers to analyse aircraft components and structures whose failure would cause
      305 words
    • Article, Illustration
      Condo owners selling units to raise capital
      625 3  -  By MICHELLE OH TWENTY APARTMENTS in a swank condominium off Orchard Road are up for sale so that the owners can use the money to buy other pieces of land. The apartments are in The Parisian, which is owned by Superior Developers (S)
      625 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      67 2 Two tennis logonds mooting yot again, PAGE 14 I only fly Lufthansa IV Jj 1 i. jt Air cargo by Lufthansa means expert handling of your important goods to and from Singapore with links to over 160 worldwide destinations, four times a week. Professionally. Speedily. Economically. 0 Lufthansa Cargo a
      67 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      120 3 IMMEDIATE NOTICE OF IMPORTANT CARGO AUCTION RE: IRAN, U.S.A. TRADE EMBARGO (STOPPED SHIPMENT) (District Case No 89-3002-***** Dept of The Treasury. U S. Customs Service) Certified extremely high value hand-knotted PERSIAN CARPETS This fabulous collection consists of some of the world s prestigious masterpieces of Persian Rugs. Carpets. Runners. Wall
      120 words
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      Page 3 Advertisements Column 2
      153 3 THE GOOD HEALTH GUIDE! 1 *?s .v r .-A vt'- «Jv I > Hr Ml V>' -j. j| tC j S |P^ tied/thy Good health. That's the key to a better life and a brighter future. Enjoy it now with Great Eastern Life's Healthy Lifestyle, a free booklet of tips
      153 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      34 3 Mexico City Miami Montreal Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome San Fris'co San Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw Washington
      34 words
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  • ASIA-PACIFIC
    • Article
      Lock icon China faces crisis as power cuts spread
      376 4 Reuter CHINA says it is facing an unprecedented energy crisis, with power cuts hitting factories, hospitals and households nationwide. Official newspapers said on Monday that even the homes of senior politicians and the lights of central Beijing's Tiananmen Square had recently been blacked
      Reuter  -  376 words
    • Article
      Lock icon Foreigners complain of lazy workers and theft
      166 4 Reuter FOREIGN BUSINESSMEN in one of China's model investment zones have complained about lazy workers, theft and poor telephones. the People's Daily said yesterday. The investors are in Shekou, part of the Shenzhen Special Economic Zone bordering Hongkong, which has received millions of
      Reuter  -  166 words
    • Article
      Lock icon Thai team in Burma to boost trade ties
      145 4 Reuter A THAI government delegation began a three-day visit to Burma yesterday, confirming a revival of trade ties between the two countries since the military takeover in Rangoon last year. Deputy Foreign Minister Prapas Limpbandhu. leading a 40member team, is going ahead
      Reuter  -  145 words
    • Article
      Lock icon Sino-Vietnamese border opens up to peaceful trade
      435 4 Reuter FOR THE FIRST TIME in 10 years, there is peace along the Sino-Vietnamese border. Trade across the frontier is bustling. The flourishing market in the Vietnamese town of Dong Dang has Chinese and Vietnamese merchants haggling over goods from the mundane to
      Reuter  -  435 words
    • Article
      Lock icon Beijing accuses Taipei of creating two Chinas
      222 4 AFP CHINA has accused Taiwan of trying to create two Chinas in a proposal to recognise mainland China and Taiwan as a single country under two equal governments, a pro-Beijing newspaper in Hongkong reported yesterday. The Wen Wei Po in Hongkong quoted the
      AFP  -  222 words
    • Article
      Lock icon Nepal to test 'blockade' by India
      394 4 Reuter KATHMANDU is ready to test what it calls an Indian economic blockade of Nepal by attempting to bring across India a shipment of 7.000 tonnes of oil from Singapore, Nepalese officials said on Monday. The first consignment of petroleum will arrive in Calcutta
      Reuter  -  394 words
    • Article
      Lock icon Takeshita, Quayle and Sihanouk to visit Bangkok
      273 4 AFP JAPANESE Prime Minister Noboru Takeshita. US Vice-President Dan Quayle and Cambodian resistance leader Prince Norodom Sihanouk are to make separate visits to Thailand in late April and early May. Thai Prime Minister Chatichai Choonhavan said in Bangkok on Monday that Mr Takeshita
      AFP  -  273 words
    • Article
      Lock icon Stand on protectionism
      132 4 AFP THE CHIEF of the Organisation (or Economic Cooperation and Development (OECO) and Japanese leaders agreed in Tokyo on Monday to repel trade protectionism in the US. Prime Minister Noboru Takeshita told OECD Secretary General Jean-Claude Paye that attention should be paid to rising protectionist sentiment in
      AFP  -  132 words
    • Article
      Lock icon Sydney airport closed again
      154 4 UPI TRAVEL PLANS for thousands of domestic and international travellers were thrown into chaos again yesterday when industrial action by rebel controllers closed Sydney airport. It was the fifth closure in six days. The federal government warned it will stand down the controllers unless they lift
      UPI  -  154 words
    • Article
      Lock icon The lot of plantation workers
      148 4 AFP THE LOT of the plantation worker has shown no improvement in the past 20 years, and in some cases has worsened, the International Labour Office said in Geneva Growing numbers of casual or seasonal workers are being recruited, the office said in a report
      AFP  -  148 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      902 4 ARRIVALS Operator Service Local From number time KAl KE624 0840 KUL MAS MH653 0910 PEN MAS MH630 0920 KUL SIA SQ103 0950 KUL CM CX710 1000 CGK GIA GA960 1100 CGK SIA SQ10S 1105 KUL RBA 1421 1130 BWN TRY MI811 1130 HOY Of A QF72 1135
      902 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      194 4 l.obster Salad Cold Culs Pork Rib Special >v Braised Superior Sharklin in Brown Roasted Suckling hi? Sauce rli9l£tt PI f Mini Ko Tiao Oi.nn> I V V Sleained Soup in (ireen Melon f jsax Fried I Yawns with Dried Red Chilli Smoked Sichuan Duck (Boneless) s««u jm Steamed (hnelette with
      194 words
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      Page 4 Advertisements Column 2
      183 4 The business person's choice every Tuesday, Thursday, Saturday and Sunday Leasing Changi Airport at 22.CS hours and arriving at Lester B Pearson International Airport the following day. Cill vtfur Tnvel Agenc or Air Canada af 7)*****. A BREATH OF FRESH AIR AVANT-GARDE Training Associates 111 North Bridge Road#o7-28 Peninsula Plaza
      183 words
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  • REST OF THE WORLD
    • Article
      Lock icon Washington to push for freer trade in talks
      503 5 UPI THE US will push in world trade talks for a shift to freer trade "as far and as fast as we possibly can," Agriculture Secretary Clayton Yeutter has said, anticipating European resistance. In a meeting with reporters in Washington on Monday,
      UPI  -  503 words
    • Article
      Lock icon Economists, lawyers say US undermining free trade
      315 5 FT THE WORLD'S multilateral trading system centred on Gatt could soon be "bruised fatally" by the Bush administration's trade policies, a group of leading US economists and lawyers said in a strongly-worded declaration issued in New York on Monday. The "Super-301" retaliation procedures
      FT  -  315 words
    • Article
      Lock icon Democratic presidential hopefuls getting a headstart
      189 5 AP DEMOCRATS are descending on New Hampshire, where America's first presidential primary election is held, to get the jump on the competition three years before the next balloting. Congressman Richard Gephardt of Missouri, who dropped out of the last Democratic primary race before the
      AP  -  189 words
    • Article
      Lock icon Third World and rich states get to grips with trade piracy
      319 5 Reuter RICH AND DEVELOPING countries are finally getting to grips with the complex and sensitive issue of trade piracy after arguing for more than two years over how to go about it. A compromise agreement allowing substantive negotiations to
      Reuter  -  319 words
    • Article
      Lock icon EC lauds progress in Geneva trade talks
      483 5 UPI EUROPEAN COMMUNITY officials have hailed the agreement reached in Geneva on the overall objectives of current trade liberalisation talks as major progress which augurs well for the success of the negotiations. "Great progress was accomplished last week in Geneva within the current
      UPI  -  483 words
    • Article
      Lock icon EC says it has done enough to meet demands of new Gatt accord
      397 5 Reuter THE EUROPEAN COMMUNITY said it had already done enough to meet the demands of a new Gatt world trade accord to reduce support for farmers and saw no need for more action to meet a 1990
      Reuter  -  397 words
    • Article
      Lock icon Nigeria names UN, C'wealth candidates
      74 5 AFP THE Nigerian government has announced its candidates for the posts of the Commonwealth secretarygeneral and the UN General Assembly presidency. Nigeria has received "most encouraging commitments" from Commonwealth heads of state and governments on the candidature of Emeka Anyaoku, 56, a current Commonwealth deputy
      AFP  -  74 words
    • Article
      Lock icon International move to form tin monitoring group
      143 5 AFP SOME 30 tin-producing and consumer countries are to form a group monitoring the tin market. After two weeks of Geneva talks by the United Nations Conference on Trade and Development, they have agreed to form a group similar to those set up
      AFP  -  143 words
    • Article
      Lock icon West urged to aid Soviet reforms
      508 5 Reuter, AFP THE WEST should help finance Soviet economic development, only if Moscow reduces military spending and conducts a conciliatory foreign policy, said an international political think-tank on Monday. The Trilateral Commission, in a report by former Japanese premier Yasuhiro Nakasone, former US secretary
      Reuter,; AFP  -  508 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      152 5 OFFICE SPACE FOR RENT Prime office space in the OCBC Centre with one of Singapore's most spectacular views of the Singapore River is hard to come by. We have some spare office space with this panoramic view, available now. It's going at last year's rates, to anyone looking for 1600
      152 words
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      Page 5 Advertisements Column 2
      241 5 MEET WITH SUCCESS AT THE MARINA MANDARIN ...Just a note to thank you and all the staff at the Marina Mandarin for your assistance during the Stanford/NUS Executnr Programme. The programme was a successful one, thanks in part to the smooth functioning at the hotel in setting up meals, group
      241 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      68 5 Doonesbury pe PLACE SURB A,h*!£ QUIET WHZN HPS ASLEEP. Ofjj^ TELL ME, HOW SICK /SANDY N0W 7 ACTUAL#, HIS CONDITION IS IMPROVING. HE MAY WELLGO HOMBFOR A U/HHS. BY GARRY TRUDEAU WITH AIDS, SOMETIMES THE ONES {WO LOOK THE WORST HANG ON THE LONGEST. ANP PATIENTS MHO LOOK HEALTHY CAN
      68 words
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  • COMMODITIES
    • Article
      Estimates of gold reserves at PNG site raised
      339 6 ESTIMATES OF mineable reserves in the massive Porgera gold deposit in Papua New Guinea s central highlands have been increased by more than 26 per cent, the three international joint venturers involved in the project announced on Monday. The announcement, based on
      339 words
    • Article
      Lock icon ICO talks may reconvene in June
      376 6 AFP INTERNATIONAL Coffee Organisation (ICO) delegates now look set to reconvene in June, trade and ICO member sources agreed at on-going talks in London on Monday. "It's 90 per cent certain," said the head of the Peruvian delegation, Fritz Dubois. The current talks are
      AFP  -  376 words
    • Article
      Lock icon Tin producers want quotas
      399 6 FT LEADING tin-producing countries, meeting in Kuala Lumpur on Monday to discuss the sharp upsurge in prices in recent weeks, were in agreement that their supply rationalisation scheme, now in its third year, should be retained. They felt that the abandonment of export quotas at this
      FT  -  399 words
    • Article
      Lock icon Inro agrees on 8pc rise in rubber support prices
      671 6 FT BATTLE-WEARY producers walked away from a marathon session of the International Natural Rubber Organisation in Kuala Lumpur last Friday, having won agreement from consumers for an 8 per cent rise in Inro support prices. The increase is seen by producers
      FT  -  671 words
    • Article
      Palm Oil
      438 6 MALAYSIAN crude palm oil prices closed off the day's highs on some profit-taking in thin trade. Interest was again confined to April south, up Mss at M 5917.50. May/June RBD palm olein noted sellers at US$365 a tonne fob Malaysia, after June traded at U*****.50. May/June RBD palm
      438 words
    • Article
      Lock icon Crude Oil and Products
      163 6 Telerate FUEL OIL PRICES are still stable-to-firm in Singapore. Sell prices for April CSTIBO are at $101-102 mt fob Sing but buyers prefer spot market linked prices. 10,000 mt of prompt CSTIBO was sold at $102 mt fob Sing while a deal for 2nd half April
      Telerate  -  163 words
    • Article
      Soybean
      113 6 SOYBEANS on the Chicago Board of Trade eased from the day's highs on nervous local selling on Monday when other markets weakened. but futures still managed to post gains of 7-1/4 cents in May at US$7 19 per bushel to 10 cents in new crop. Traders could name no
      113 words
    • Article
      Wheat
      191 6 WHEAT futures on Chicago Board of Trade eased from morning highs on Monday on trade talk that the cold weather seen across the Midwest probably will cause little freeze damage to the soft red winter wheat crop that is just emerging from dormancy. The snows received in Kansas probably
      191 words
    • Article
      Lock icon KL Tin
      213 6 Reuter THE Kuala Lumpur Tin Market (KLTM) resumed trading yesterday after Monday's suspension following a bomb explosion, rising 20 cents to a new three-year high of 26.49 ringgit a kg. traders said. Turnover rose to 131 tonnes from 111 on Friday. "The market is still supported by strong
      Reuter  -  213 words
    • Article
      Precious Metals
      330 6 HONGKONG: Gold closed little changed in dull trading yesterday. Bullion finished unchanged from the U*****.10/60 an ounce open and against New York's US$3B5 20/70 close. On the local market gold rose HK$2B to end at HK53.582 a tael Coins were generally higher with the Krugerrand rising HK$3O to
      330 words
    • Article
      Rubber
      279 6 SINGAPORE: Rubber prices ended slightly higher yesterday with May 1 RSS buyer quoted at 210.25 cents a kg. up 1.25 cents from Monday's close. Brokers said the morning market ended mixed Values were little changed in quiet afternoon trade Prices on the TSR-20 Award market were marked up slightly
      279 words
    • Article
      RAS and MRELB
      281 6 RAS prices in S c*nt*/kg, FOB In b«to< B NOON CLOSE Buyers S*lt*rs Buyers SeNsn lot 1 RSS Prompt 211.50 212.50N 211.25 212.25 bit 1 RSS May 89 211.25 212.25N 210.25 211.25 Int 1 RSS June 210.00 211.00N 208.50 209.50 lot 2 RSS OP 205.00 207.00N 204.00
      281 words
    • Article
      SSR and SMR
      78 6 (canh/kg) MAY 1989 JUNE 1989 (currant month) (forward month) RAS NOON •vyan S«4Wm NOON luy«rt S*N*n SSR 20 186 00 188.00N 186.00 188.00N SSR 30 184 00 186.00N 184.00 186.00N MRELB tvy*n S«ft*n lvy*n S*Wn SMR CV 286.00 288.00N 288.00 290.00N SMR I 283.50 287.SON 287.30 289.50N
      78 words
    • Article
      Produce Prices
      196 6 Chinese Produce Exchange Sarawak Aita black FOB NIW lampong black FOB Ajfa NIW 527.50 522.50 Seileri' noon doling price* on Apr It (SS/100 kg) Coffee Coconut oil ftuft FOB Old drum FOB Ntw drum FOB Copra Mixed llooie) 105.00 115.00 119.00 63.00 API FOB NSW APS FOB NSW
      196 words
    • Article
      London Markets
      274 6 London Commodity Exchange Buyer/Seller closing prices on Apr 10, (£/tonne unless specified). Previous closing prices in parenthesis. Aug 262.60/262.80 High/Low 269.00/262.60 Sates (4386) Raw No 6 CIF 303.00 No 6 FOB 270.00 White No 5 330.00 Oilt (US$/tonne) Coffee Basis in-store London, sellers option CIF London May 1115/1116
      274 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      373 6 DISASTER RECOVERY S CONTINGENCY PLANNING THE SEMINAR Information Technology now drives key administrative and operational functions for rru support critical operational applications, these organizations would suffer major losses et, most have not pri nt institutions. Without computers to ed for disaster. Fire, flood, power faiure, sabotaqe and human error can
      373 words
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  • FOCUS
    • Article, Illustration
      Lock icon A new obstacle to freedom for Africa's last colony
      795 7 The road to freedom from colonial rule has never been easy. It has been no different in Namibia, even after a UN-sponsored peace plan to give the people self-rule got underway on April 1. These articles examine the situation in Africa's
      NYT  -  795 words
    • Article, Illustration
      Lock icon Namibia's birthday fiasco
      891 7 The Economist SOUTH AFRICA seldom plays fair with its black neighbours. But it is seldom given as good an excuse for playing rough as it was last week by the blunder of the guerilla force that has been fighting it for 23 years in Namibia and by
      The Economist  -  891 words
    • Article
      Lock icon Impatient rebels jump the gun, to their peril
      411 7 NYT WHY WOULD hundreds of armed Namibian nationalists return from their Angolan refuge only to be slaughtered, on the eve of a negotiated countdown to independence? Both the allies of the South-West Africa People's Organisation (Swapo), and its longtime enemy, South Africa,
      NYT  -  411 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      294 7 A host of smart decisions took you to the top. Your choice of car was no exception. :>m\ V 1 i. 4 >* ~d r* y>u m v a wamW'r *-r.' A 1 .St NMfc V* Mfc <<saE£ J. v. 5- 7~: Sb»s <■ i 'A <■' fA r \*em
      294 words
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  • MONEY AND EXCHANGES
    • Article
      Options
      620 8 CURRENCY FUTURES OPTIONS 0 Apr 11, 1989 DEUTSCHE MARK (SIMEX) May N cal Ha May It puta High Low Salt High Low Satt 52 6 57 246 26 Jun 89 call la Jun 89 puta High Low Salt High Low Satt SI 9 52 211 23 53 50* 52
      620 words
    • Article
      Lock icon Simex
      459 8 Reuter Eurodollar futures yesterday closed lower on technical trade ahead of Friday's release of US March producer prices, dealers said. "Inflationary fears and concern over interest rates continue to hover over the market," a local broking house trader said, adding "the absence of fresh incentives also dampened sentiment." June
      Reuter  -  459 words
    • Article
      IMM
      315 8 IMM currency futures finished narrowly mixed yesterday. with most nearby contracts settling near session lows after eroding during quiet late trading. Nearby Japanese yen, West German marks and Swiss francs slipped to the day's lowest levels during the final half-hour as dealer selling resurfaced in continued thin trading. June
      315 words
    • Article
      Asian dollar market
      272 8 Asian dollar deposit rates ended at their opening levels in quiet trade yesterday due to a lack of interest, dealers said. The market will be watching Thursday's release of US March retail sales and Friday's producer prices index for direction. Short-dates and term rates were mostly steady
      272 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      138 8 DIRECTTO 8 U.S. GATEWAYS. WE CANT WAIT TO TAKE YOU TO TOKYO AND AMERICA. We're Northwest Airlines, the largest trans-Pacific airline. Beginning June 3, we're going to make it easier than ever to fly from Singapore to Tokyo and onward to destinations all over America. Only Northwest gives you a
      138 words
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  • BANKING AND FINANCE
    • Article
      Government Securities Market
      109 9 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****E 12.07.89 4.05 4.00 4.05 4.00 6 months BS*****N 17.08.89 4.06 4.01 1 year BY*****H 23.11.89 4.07 4.02 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate 1%)
      109 words
    • Article, Illustration
      World interest rates
      196 9 Indicates the average of the prime lending rate* of 12 major banks In S'pore Interbank market rates (offer/bid) on Apr 11 US$ DM SWFC Yen 7 do; 10 9 7/8 113/8 1/8 6 1/16 5 15/16 6 5 7/8 4 7/16 5/16 1 mth 10 1/16 9
      196 words
    • Article
      Forex markets
      1538 9 SINGAPORE: NARROWER ranges were seen yesterday: D-mark 1.8820/1.8808. yen 132.88/132.52, GBP 1.7010/1.6974 and S$ 1.9568/1.9546. G7 continues to maintain its psychological grip on the market in the absence of fresh news. Mr Takeshita's admission that he accepted yen 151 million from recruit, more than had previously been revealed,
      1,538 words
    • Article
      Money markets
      53 9 THE OVERNIGHT RATE on the Singapore money market as well as the short-term rates remained unchanged across the board. S$ Interbank rates at the close yesterday: OfFM BIO 5 1/4 5 1/8 1-mortfc 5 1/4 5 1/8 2-month 5 5/16 5 3/16 3-momti 5 3/8 5 1/4 Overnight
      53 words
    • Article
      Lock icon Twenty-two traders at CBOT charged
      223 9 Reuter THE US GOVERNMENT futures regulator has charged 22 people at the Chicago Board of Trade (CBOT) with executing illegal trades in one of the futures pits that was penetrated by the FBI during a two-year undercover probe Officials with the Commodity Futures Trading Commission
      Reuter  -  223 words
    • Article
      Lock icon Japan to ease bank branch rule
      122 9 Reuter JAPAN'S Ministry of Finance will ease rules on banks' establishment of branches, effective from April 1, 1990, following mutual banks' shifting to commercial banks, the ministry said on Monday. Fifty-two of Japan s 66 mutual or "sogo" banks became ordinary banks, which can
      Reuter  -  122 words
    • Article, Illustration
      Lock icon Rising industry costs may push up inflation
      362 9 British financial market concerned Reuter COSTS of raw materials and fuels for British industry rose to a 19-month high last month, fuelling financial market concern that inflationary pressures would force the government to push interest rates higher. Department of Trade and Industry figures
      Reuter  -  362 words
    • Article, Illustration
      UOB group raises fixed deposit rates
      284 9  -  By DEXTER LEE THE UNITED Overseas Bank group, in an apparent reaction to DBS Bank's fixed deposit rates increase two days ago, has gone one step ahead by jacking up its rates even higher Effective today, the group is paying a quarter percentage point
      284 words
    • Article
      Lock icon Commission hears exchange problems
      362 9 AFP CREATION of "target zones'' aimed at limiting exchange rate fluctuations is unrealistic if big international payments imbalances persist, according to a report submitted on Sunday to a meeting in Paris of the Trilateral Commission. The report says that "as long as the current imbalances of
      AFP  -  362 words
    • Article
      Lock icon US in deal with French bank to push sales in Africa
      215 9 AP THE US government's Ex-port-lmport Bank on Monday announced an agreement with a French bank. BIAO-Alribank, to push loans for the sale of US products in 18 African countries. Twelve of the countries are former French colonies. The Banque
      AP  -  215 words
    • Article
      Lock icon Africans plan yen bonds
      185 9 Reuter THE AFRICAN Development Bank is planning to issue subordinate yen bonds in Japan, possibly through private placement, as early as this summer, said Milan Kerno, vice-president of finance of the bank. A senior Japanese Finance Ministry official told him there should be no problem regarding
      Reuter  -  185 words
    • Article
      Comex gold/silver futures
      186 9 Gold futures on Apr 10, 1989 100 troy ounces US$ per troy ounce Op«i High Low So Wo Apr 381.00 388 30 381.00 386.00 >2.60 May 387 40 2.40 Km 386.20 392SO 385.30 390.30 2.30 Aug 391.00 397.00 390.50 395.40 2.30 Oct 396.60 397.30 396 60 401.10
      186 words
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      Page 9 Advertisements Column 1
      216 9 JSm > m m m 5 f^.p; m 5 r v fes £W" 1 J < 22 20 a BREITLING EARNED ITS WINGS BEFORE MAN LEARNED TO FLY In 1884. nearly 20 years before the first humble aircraft took to the skies. Leon Breitling began designing the forerunners of today's
      216 words
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  • PERSPECTIVE
    • Article
      The course of true justice
      431 10 IT TOOK A MAN usually given to more diplomatic language to haul what he considered one of Singapore's fears, perceived or otherwise, out of closet. In what he admitted were blunt words, Foreign Affairs Minister S Dhanabalan last Friday brought into the public light what
      431 words
    • Article, Illustration
      Taking up the pizza challenge
      1844 10  -  Having made a name for itself as a successful operator of the Kentucky Fried Chicken franchise in this part of the world, Inno-Pacific feels that it is now ready to take on the 'biggies' in the fast food business. Sceptics wonder about its ability to
      1,844 words
    • Article, Illustration
      GOING ON TRACK FOR A BIGGER SLICE
      479 10 "OUR MISSION in life is to be a major fast-food retailer in this part of the world," said Gopinath Pillai, executive director of Inno-Pacific Holdings. Aware that it could not hope to achieve this by remaining as mere franchisees for Kentucky Fried Chicken
      479 words
    • Article, Illustration
      'Bringing in the good contacts'
      656 10 HERMAN HOCHSTADT. 55. retired from the civil service in January this year, only to take on a string of corporate directorships, among them the post of executive chairman of Inno-Pacific. Why this particular company? "Essentially, the directors in InnoPacific Cheam Tat Pang, Thomas Chong, Gopinath
      656 words
    • Article, Illustration
      Lock icon Solution to Soviet reform lies in cooperative movement
      991 11  -  By VICTOR VLADIMIROVICH AKSYUTICH FT IT IS OBVIOUS that President Mikhail Gorbachev is pressing for radical reforms in all aspects of Soviet life. However, one must ask what these reforms really are and how they affect the ordinary Soviet citizen. Without understanding
      FT  -  991 words
    • Article, Illustration
      Lock icon High-technology banditry
      876 11 AP LATE-NIGHT ASSAULTS by teams of masked, heavily armed bandits may be a hint of the high-tech crime of the next decade. The crooks aren't after money their target is computer chips. Five such robberies at Orange County, California, companies in six months have authorities concerned about a
      AP  -  876 words
    • Article, Illustration
      Lock icon Will Cambodia see killing fields again?
      1099 11 Vietnam set to withdraw all its troops by the end of September The Economist. WILL CAMBODIA become a land of gentle peace, or is the bad blood from ten years of fratricidal war about to gush in torrents? The question becomes urgent following the
      The Economist.  -  1,099 words
  • Page 10 Advertisements
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      146 10 LEONG MUN KWAI FORUM (In Chinese) Topic The problems and difficulties of Econmic Development In China. The right attitudes and expectations of Singaporeans towards investment in China. Date: 15-4-89 Time :6.30pm Place: XIN ZHANG JIANG RESTAURANT 3rd Floor Hotel Miramar Havek)ckFki Spore 0316. Tel: *****35,*****41 Fee :535 per head including
      146 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      50 10 RriStCH^ you sp>y you've. sremt Tde LJHOUE. noRNtNG UDOKiMG FOR MYOFPCC i don't eeueve you. I THINKVOU-Re USING me RS pin excuse To &e.T our op youß ioork. EVERYBODY KMOUJS UUHiTe COUAP UJORKeRS UPkLVC RROUMD P\U-DRy CARRYING fs piece, of B^R.. m r s EE Off/ J! ■i -r <*R
      50 words
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      311 11 UNIVERSITY OF EAST ASIA THE UNIVERSITY THAT KNOWS ASIA THE EXECUTIVE PART-TIME MBA THE EAST ASIA SCHOOL OF GRADUATE STUDIES FOR THE STH CONSECUTIVE YEAR OFFERS 3 I NIOI E PRO(,R WIS For practical career minded professionals who do not wish to study Overseas or interrupt their career. Degree of
      311 words
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  • LEISURE
    • Article, Illustration
      The last great hurrah for
      840 12  -  It was the year of Gone With The Wind, Garbo and the haunting strains of Garland's Over the Rainbow. 1939 was a golden y year for the silver screen. TfcmF jm NIGEL ANDREWS goes a half-century back in J time for a peek behind Fill
      840 words
    • Article, Illustration
      Lock icon Hollywood's studio system
      1068 13 Financial Times He was in a classic early film noir himself: Otto Preminger's Laura (1944). But far from chiming with studio tastes the movie's eerie gloom infuriated 20th Century Fox chief Darryl F Zanuck. "He had been away at the war. He came back and saw Laura
      Financial Times  -  1,068 words
  • Page 12 Advertisements
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      246 12 J. MOREAU Wh ere to entertain.. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PALM For between $26++ and $40+ dm y° ucan se ect f rom oiir-appetiser CjKILL buffet including seafood, smoked salmon and oysters. Choose from
      246 words
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      Page 12 Advertisements Column 2
      145 12 Bubbling, Simmering, Piping, Hot Steamboat Buffet AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Caroupa Meat Fish Balls Beef Chicken Cuttlfish Crab Liver variety of vegetables variety of noodles Ssls+ per adult Sslo+ per child under 12 A niMG CVUKT HOTEL <««D* 1 Tanglm Road Singapore
      145 words
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      Page 12 Advertisements Column 3
      238 12 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in tun! Cocktails, snocks and live entertainment awaits you in the basement of the Hyatt nightlyOpening hours: Monday to Sunday 11 am to lam Friday and Saturday 1 lam to 2am i < f > H I T! I lUfs
      238 words
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      Page 12 Advertisements Column 4
      179 12 Dine in Cha Aff 1 21. Plaza Hotel's Fame Room. Lunch: 12 noon 230pm $20++perpeTSon. Dinner: 7 1030pm Set dinner for ten. $300 to $500. Set menus for smaller parties and a la carte also available. Plaza Hotel a We're blasting off tonight and every night at Para Wave Discotheque.
      179 words
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      Page 12 Advertisements Column 5
      136 12 Treat your secretary to a delectable 4-course lunch C~, and fashion spectacular as only The Stables can do it. There'll be gifts for one and\ all, plus a chance to win 1 valuable prizes in our Lucky Draw. j3 6 u v jAetro nte I s tWOrctanl Riwri Suvgaiwt- 09"itTH
      136 words
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  • Page 13 Advertisements
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      194 13 There's a cafe on a lush, green hi 11... where you can take a break. Meet friends Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At Cafe in the Park A© Century Park Sheraton
      194 words
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      Page 13 Advertisements Column 2
      78 13 lis is J. Moreau Established in Chablis, on the northern tip of Burgundy, J. Moreau have produced the finest Chablis urines for over 170 years. They own 70 hectares of vineyards the largest within the Chablis appellation. Including 10 hectares of Grand Cru vines which yield exquisite, full-bodied wines such
      78 words
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      Page 13 Advertisements Column 3
      42 13 OCKY'S PIZZA PASTA Conveniently Located For Your Lundi/Dianer (Just Behind Prniukii Place) Emerald Hill, Singapore 0922 TeL*****7D *****73 Open 11am 11pm dally Also located at Sunset Way Roxy Square WE DELIVER! Function Room Available For Your Office Parties, Lunch Meetings, Birthday Parties
      42 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      687 13 CRYPTIC PUZZLE ACROSS 1 She's all set (or a shake-up (6) 7 Very good, though breaking out in a sort of disease (8) 8 Good name for a Prince Charles spaniel (4) 10 It flies like some plane up above (6) 11 To earn, possibly, by being decorative (6) 14
      687 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1362 13 OUR CHOICE IN SEARCH OF THE HAWK: The Quest Of Joe Milner, 7pm, Channel mm* v >*■ •1 A.X** 1 j§l ?H4HH SHng? j As a boy, Joe Milner was fascinated by the sight of these taloned creatures with the ability to turn your face j inside out with one
      1,362 words
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  • SPORTS
    • Article, Illustration
      Seventh seed goes out in straight sets
      517 14  -  DHL SINGAPORE WOMEN'S OPEN By A SURENDREN SEVENTH SEED Marianne Werdel was unceremoniously bundled out 4-6, 4-6 by Canadian Jill Hetherington in yet another upset in the DHL Singapore Women's Open at Kallang yesterday. Hetherington ousted her opponent in a match carried over
      517 words
    • Article
      Lock icon New twist to America's Cup wrangle
      162 14 YACHTING AFP THE AMERICA S CUP is unlikely to leave the San Diego Yacht Club for perhaps another year following the decision of the New York state attorney general to join in the Californians' legal battle with the New Zealanders. "We intend to appeal,
      AFP  -  162 words
    • Article
      Lock icon Fenech broke both hands in latest fight, says doctor
      197 14 BOXING AP WORLD BOXING COUNCIL featherweight champion Jeff Fenech yesterday learned news he had feared but expected. His doctor confirmed that the Australian, who announced his retirement from boxing after pounding out a unanimous 12round points decision over Mexican Marcos Villasana
      AP  -  197 words
    • Article
      Lock icon Roche eyes Tour
      64 14 CYCLING AFP STEPHEN ROCHE, back on song after a year of injury, hopes to repeat his fantastic 1987 treble bf winning the Tour of Italy next ownth. The Irishman will have an the big names gunning for Mm when the Giro starts in Taornrvria in Sicily on
      AFP  -  64 words
    • Article
      Lock icon Pistons pump their way to fourth straight win
      343 14 BASKETBALL AP BILL LAIMBEER scored 27 points and Vinnie Johnson and Joe Dumars each added 21 on Monday as the Detroit Pistons clinched their fourth straight victory, trouncing the Washington Bullets 124-100. Laimbeer also had 11 rebounds for the Pistons, who have
      AP  -  343 words
    • Article
      Lock icon Johnson kept earnings in personal safe, says adviser
      440 14 THE BEN JOHNSON INQUIRY AP SPRINTER Ben Johnson withdrew thousands of dollars from a private safe after his career skyrocketed in 1986, his financial adviser has told a Canadian commission investigating drug use in sports. In his second day of testimony, Ross
      AP  -  440 words
    • Article
      Lock icon Uphill task awaiting India
      175 14 CRICKET AFP INDIA spent Monday s rest day knowing it faces an almost impossible task when it resumes the second cricket Test against the West Indies yesterday. After holding the West Indies to a comparatively narrow first innings lead of 56 in Barbados, India collapsed to
      AFP  -  175 words
    • Article
      Two tennis legends meeting yet again
      578 14  -  THE BORG-McENROE EXHIBITION MATCH By CHARLES SAVAGE IT IS STRANGE but the man they called "Ice Borg" is taking his last bow not on the tennis courts of Europe or America where he earned his fame, but in the East. This evening, he plays
      578 words
    • Article, Illustration
      Lock icon Faldo still floating on cloud nine
      590 14 GOLF AP THERE was the green jacket of a Masters champion in the luggage Nick Faldo loaded into his car at the hotel in Augusta, Georgia, on Monday. It had been around his shoulders until the early morning hours as Faldo basked in the
      AP  -  590 words
    • Article
      Lock icon Cup likely to gain from Masters result
      563 14 AP NICK FALDO's thrilling play-off victory in the US Masters will have a "tremendous impact" on this year's Ryder Cup between Europe and the US and make it the most competitive team golf event ever staged, the European PGA office said on Monday.
      AP  -  563 words
    • Article
      BONDS, LOANS & WARRANTS
      730 14 BONDS, LOANS WARRANTS Company Eiplry/ Coupon Conversion period Interest Conversion term tor one ordinary maturity (tote <%> payable share CK Tang Wrti 1 WO 1990 Anytime to Moy 31. 1990 1 warrant plus $2.25 cash. Chuon Hup Wrts 1991 Anytime on or after March 16 warrants plus $1 60 cash
      730 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Market looks to another year of earnings growth
      803 15 mm.** By HOCK LOCK SIEW ANALYSTS are probably busy re-working their Singapore and Malaysian company spreadsheets following the close of the December year-end reporting season. More often than not, the corporate results came up to their expectations but there were a number
      By HOCK LOCK SIEW  -  803 words
    • Article
      $15.4m deal to transfer Leisure Drome to Tai-Pan is off
      399 15  -  By KEVIN GWEE THE DEAL to transfer the Leisure Drome in Kallang from Jack Chia-MPH Ltd to associate Hotel Tai-Pan Ltd (HTP) for $15.47 million cash is off. As a result, the proposed issue of about 11 million new HTP
      399 words
    • Article
      Lock icon Arab Malaysian set to bail out First M'sia
      384 15 MBT ARAB MALAYSIAN Finance is negotiating to acquire the assets and assume the deposit liabilities of financially-troubled First Malaysia Finance. Negotiations between Arab Malaysian and Bank Negara, which assumed control of First Malaysia on Jan 16. are in the final stages, sources
      MBT  -  384 words
    • Article
      There was no definite plan for Sealion, says Ng
      293 15 ALLAN NG TRIAL THE DISTRICT COURT yesterday heard that although Allan Ng was negotiating to acquire a major stake in Sealion Hotels Ltd in October 1986. he had no definite plans for the company. Allan Ng. 47, who was testifying at
      293 words
    • Article, Illustration
      Singland queried over aborted Gateway deal
      465 15  -  By HERMAN PHUA THE STOCK EXCHANGE of Singapore has asked Singapore Land Ltd to give a fuller explanation on why two minority shareholders of its subsidiary Gateway Land Pte Ltd called off a deal to sell their shares to the company. In a lengthy
      465 words
    • Article
      Inchcape sells subsidiary to HK sister company
      384 15  -  By MAGDALENE NG INCHCAPE BHD is selling its 68 per cent-owned subsidiary Malko General Agencies (HK) Ltd to sister company Inchcape Pacific Ltd (IPL) for HK$ll.6 million ($2.9 million). The sale, announced soon after Inchcape posted a record high after-tax profit of $60.70
      384 words
    • Article
      Singmarine unit wins three fishing vessel contracts
      284 15 SHIPBUILDER Singmarine Industries, a member of the Keppel group, has secured three international contracts worth $7.5 million through a wholly-owned subsidiary to work on fishing vessels The three contracts won by Singapore Slipway Engineering Co Re Ltd include two for American boat owners
      284 words
    • Article
      Dairy Farm reviewing 7-Eleven businesses in S'pore and M'sia
      432 15  -  By JOSEPHINE CHAN DAIRY FARM International Holdings Ltd, which recently acquired the 7-Eleven convenience store chain in the region, is keen to expand operations in Hongkong, raising the possibility that it might consider selling the businesses in Malaysia and Singapore. The
      432 words
    • SES
      • Article, Illustration
        Local market hits post-Crash high on record turnover
        1158 16  -  by ANDREA BORCH SPECULATIVE BUYING lifted the Straits Times Industrials Index 9.46 points to a post-Crash high of 1,201.43 on record volume yesterday. Malaysian property and industrial stocks and second-liners continued to dominate trading while blue chips generally missed out on the
        1,158 words
      • Article
        COMPANY MEETINGS
        99 16 MALAYSIAN TOBACCO COMPANY BERHAO: 32nd AGM at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur, today at 11.30 am. CARLSBERQ BREWERY MALAYSIA BERHAO: 19th AGM at No. 55 Persiaran Selangor, Section 15, ***** Shah Alam, Selangor, on Tuesday, April 18, at 11.30 am. CHEMICAL COMPANY OF MALAYSIA
        99 words
      • Article
        APPROVED ISSUES
        199 16 Company RIGHTS ISSUE 0 C Bank On* lor-two }0 75 par store Ex dot* Mordi 9 Books clovt More* 23 Acceptonce I Poynienl Moy S G«org« Town Th>ee lo' two $1 00 par store E a dote Mordi 13 Books close: Mordi 28 Acceptance 4 Poyaent Mo* 12
        199 words
      • Article
        PROPOSED ISSUES
        341 16 Company RIGHTS ISSUE Ayer Hitom Tin Oft* lor on# il 10 per shore Berioyo Corpn One-tor On* $1 00 por per shore C 1 Holdings 27 million loon slocks m the rolto ol V3 loon llock lor every line O'dmory stares held Causeway Inv Issue ol J7.2S2.9V nominal
        341 words
    • Article
      SES SHARE INFORMATION
      6009 16 19M Tel High Low Coda Company SECTION ONE Last Sale APR 11 orVol Day ('000) High Low Last Quote Buyer Sailer Gr's Dhr Dhr C'vr Gr's rw Nat P/E M Cap $mil INDUSTRIAL ft COMMERCIAL 162 85 278 200 112 382 244 350 132 153 162 304
      6,009 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices broadly higher
        3646 17 MBT SHARE PRICES on the Kuala Lumpur stock market closed broadly higher yesterday in active trading. Oealers noted marked increase in business volume. What had earlier appeared to be another lacklustre session yesterday turned out to be otherwise, thanks to strong speculative buying which began in
        MBT  -  3,646 words
    • REGIONAL MARKETS
      • Article
        Lock icon Inquiry recommends new supervisory body for NZ securities
        421 18 Reuter A GOVERNMENT inquiry into the troubled New Zealand share market has recommended that a supervisory authority be set up to oversee regulatory bodies for all public securities markets. "It has put a very strong case for self-regulation with statutory enforcement," Justice
        Reuter  -  421 words
      • Article
        Lock icon Dragon lady of Makati exchange vows to get rid of insider trading
        360 18 Reuter VIVIAN LOCSIN, who became the first woman president of the Makati stock exchange in February, has declared war on insider trading. The outspoken 38-year-old businesswoman says it is so rampant that many businessmen accept it as part
        Reuter  -  360 words
      • Article
        Lock icon TDK's bid for US chip maker seen as test
        525 18 FT TDK OF JAPAN, the world's largest maker of magnetic recording tapes, has made a US$2OO million, or US$2O a share, agreed bid for Silicon Systems, a California-based semiconductor maker. The takeover offer is likely to arouse fresh anxieties in the
        FT  -  525 words
      • Article
        Lock icon China Resources to raise US$150 million loan
        175 18 Reuter THE HONGKONG arm of China's Ministry of Foreign Economic Relations and Trade. China Resources (Holdings) Co Ltd. is to raise a US$l5O million syndicated loan, arranger BT Asia Ltd said. The seven-year loan will carry interest of 3/16 of a percentage point
        Reuter  -  175 words
      • Article
        Lock icon Wacoal to set up joint venture in Philippines
        140 18 AFP JAPAN'S largest maker of women's intimate apparel, Wacoal Corp, said on Monday that it would establish a joint venture in the Philippines to promote sales. The new company, Philippine Wacoal Corp, to be set up in May jointly with PLLIM Investments
        AFP  -  140 words
      • Article, Illustration
        Lock icon Market rallies strongly
        592 18 Tokyo Reuter TOKYO share prices yesterday closed with strong gains in moderate trade. Pent-up buying energy was released after Prime Minister Noboru Takeshita said nothing new when he spoke about his links with the Recruit Co to a parliamentary budget committee session, brokers said. "Everyone was waiting
        Reuter  -  592 words
      • Article, Illustration
        Lock icon Focus on resource sector
        454 18 Australia Reuter INVESTORS seeking bar-gain-priced resource stocks yesterday helped push the Australian share market to a firmer close. By the close of floor trading, the All Ordinaries index had risen 2.7 points to 1415.0. The industrial sector had been mixed, but there was positive buying in
        Reuter  -  454 words
      • Article, Illustration
        Lock icon Prices edge up in sluggish trading
        1340 18 Hongkong Reuter HONGKONG share prices yesterday retrieved early losses in thin, sluggish trade The Hang Seng index rose 4.57 points to 3.026.00 and the Hongkong index 2.73 to 2.003.68. Turnover totalled HK5726.58 million. The Hang Seng index was 14 88 points lower at noon
        Reuter  -  1,340 words
      • Article
        Lock icon Taipei: Record volume
        418 18 Reuter TAIWANESE share prices yesterday closed broadly firmer despite a run of last-minute profit-taking that pulled the index off its early highs. The weighted index gained 56.08 points, or 0.7 per cent, to end at 7.836.25 against Monday's 7,760.17 close and a high of 7,909.93 posted shortly
        Reuter  -  418 words
      • Article
        Lock icon New Zealand: Minor rally
        165 18 Reuter THE NEW ZEALAND share market yesterday closed slightly higher but brokers painted a grey picture as volumes remained low and interest was centred on a few leaders. The Barclays Index firmed 7.71 points to 1,856.88. "It's quiet. It's dead." said one broker. "The market's just
        Reuter  -  165 words
      • Article
        Lock icon Manila: Prices firm slightly
        112 18 Reuter MANILA share prices were little changed in thin trade yesterday, with a rise in miners on firmer copper slightly tilting the average share price higher, brokers said. Manila's composite index crept up 1.26 points to 923.33 The mining index firmed to 4.826.59 points from Monday's
        Reuter  -  112 words
      • Article
        Lock icon Bangkok: Index up
        158 18 Reuter THE Securities Exchange of Thailand Index rose 5.51 points to 459.83 yesterday on a turnover of 9.870.663 shares worth 810.14 million baht. AM 11 BAMT Ao Kham Thai 432 -8 Ayudhya Invaatmant 37 25 -0 75 Bangkok Agro-lrvj 78 -0.5 >14 -4 Bangkok Bank Bank CX
        Reuter  -  158 words
      • Article
        Lock icon Seoul: Prices slump further
        193 18 Reuter SEOUL STOCKS slumped further yesterday on continued market jitters over the ambiguous state of South Korea's political and economic affairs, brokers said. The composite stock index dropped another 7.87 points to close at 955.49 just 10 days after a record high close of 1.007.77. Turnover
        Reuter  -  193 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Uncertainty produces mixed close
        841 19 New York Reuter INVESTOR uncertainty about the direction of the economy and interest rates on Monday trapped US share prices in a narrow range, with blue chips ending slightly lower and the broader market closing narrowly firmer. Trading was light. "Traders are not convinced that the
        Reuter  -  841 words
      • Article, Illustration
        Lock icon Interest rate fears weaken market
        953 19 London Reuter LONDON share prices yesterday opened weaker following a narrowly lower close on Wall Street on Monday. Dealers said the market is nervous about the possibility of higher UK interest rates. On Monday, Chancellor Nigel Lawson reaffirmed his dedication to fighting inflation and said
        Reuter  -  953 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1789 19 Reuter FRANKFURT: West German shares yesterday surged to just a point away from a new DAX index high for the year, before widespread profit-taking whittled away early gains. The real-time 30-share DAX index closed 10.13 points or 0.74 per cent higher at 1.369.35. It had peaked at
        Reuter  -  1,789 words
      • Article
        Lock icon Cons Gold turns down Minorco's final offer
        453 19 Chairman wants a 'knock-out' offer FT BRITAIN'S biggest bid battle is entering its closing phase when Consolidated Gold Fields rejected a higher and final offer from Minorco, the South African-con-trolled investment company. The offer valued the UK diversified mining group at £3.5 billion
        FT  -  453 words
      • Article, Illustration
        Lock icon Burger King distribution company to be retained
        339 19 Reuter GRAND METROPOLITAN pic, which acquired Burger King when it bought Pillsbury Co in January, is to retain the fast food chain s distribution company instead of selling it, although in a restructured fashion. "Before we acquired Pillsbury and Burger King, our external
        Reuter  -  339 words
      • Article, Illustration
        Lock icon Lonrho apologises to law lords for leak of Harrods report
        326 19 Reuter BRITISH TYCOON Roland •Tiny" Rowland suffered a setback on Monday in his fight for Harrods when his company Lonrho was forced to apologise for its handling of a leaked government report. The multinational group sent extracts of the secret
        Reuter  -  326 words
      • Article
        Lock icon Accounting errors batter Waterford stock
        125 19 Reuter SHARES in Waterford Glass Group pic have plunged 8 per cent since the disclosure of accounting errors sparked a boardroom reshuffle and led to dismal results for the Irish crystal maker. "We need to have very clear objectives and very tight controls,'' the company's
        Reuter  -  125 words
      • Article
        Lock icon Next expects new management to boost results
        452 19 Reuter RETAILER Next pic said that its new management team, concentration on core businesses and an expected recovery in its home shopping business should boost the group s performance over the next two years. Last December, Next said difficult trading conditions in the
        Reuter  -  452 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      131 15 Keppel Corporation Limited (Incorporated in the Republic of Singapore) Notice to all warrantholders of Keppel Corporation Limited *****,000,000 1.8 percent Bonds due 1993 with warrants to subscribe for shares of Keppel Corporation Limited CLOSURE OF REGISTER OF WARRANTHOLDERS The Register of Members of Keppel Corporation Limited will be closed from
      131 words
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      Page 15 Advertisements Column 2
      129 15 CURRENCY INVESTMENT AMERICAN HXPKI'SS IVWk TEL: 321 3333 B Keppd Corporation Limited (Incorporated in the Republic of Singapore) TO: ALL BONDHOLDERS (1) U5550,000,000 6 3 /4% Convertible Bonds due 1992 (2) U5575,000,000 4% Convertible Bonds due 1997 (3) U5575,000,000 2 3 A% Convertible Bonds due 1997 SUSPENSION OF BOND CONVERSION
      129 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      137 18 TO LET Prime office space on ground and mezzanine floors in a prestigious 10-storey building along Jalan Ampang, available for immediate rental. Existing layout with built-in partitions and marble counter-top is suitable for banking or financial services operation. Negotiable rental for long term lease. Plnm Contact: THE PROPERTY MANAGEMENT DEPT.
      137 words
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      Page 18 Advertisements Column 2
      80 18 COLD STORAGE MANUFACTURING pry f Ti) (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held at the offices of Messrs Ernst Whinney, 10 Collyer Quay.
      80 words
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      Page 18 Advertisements Column 3
      9 18 Managers must manage, BT shows you how, every Monday
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  • Article
    Govt contracts: call for fluctuation clause
    517 20  -  Contractors seek protection from rising prices By LILIAN ANG THE Singapore Contractors' Association Limited (Scat) is to appeal to government departments to reinstate the fluctuation clause in their contracts. Sources say Seal will soon present a paper on this issue to the Construction Industry
    517 words
  • Article
    Lock icon Bush may adopt policy that is open to Moscow initiatives
    390 20 Reuter PRESIDENT GEORGE BUSH, whose lack of foreign policy initiatives had worried both Moscow and European allies, may adopt a steady course towards the Soviet Union that is open to initiatives, a US official said. Proposals in three classified US
    Reuter  -  390 words
  • Article
    Lock icon Toshiba to market new static random access memory
    143 20 UPI TOSHIBA CORP. a major Japanese electronic firm, said yesterday it will soon market a 256kilobit complementary metal oxide semiconductor static random access memory with the world's fastest access time. The Tokyo-based company said the new product has a maximum access time
    UPI  -  143 words
  • Article
    Lock icon Growth of 19pc in Asian home appliance market, says survey
    263 20 UPI THE HOME ELECTRIC appliances market in the newly industrialising economies in Asia grew at an annual rate of 19 per cent over the past several years, prompted by accelerating horizontal division of labour, a Japanese industry report said yesterday.
    UPI  -  263 words
  • Article
    Lock icon Action against Tan Sri Hamid withdrawn
    135 20 Bernama AN APPLICATION for contempt action against Lord President Tan Sri Abdul Hamid Omar was filed by a Malaysian Bar member in the High Court on Tuesday but was withdrawn minutes after. The papers, filed by Lee Min Choon, were returned by Bar Council
    Bernama  -  135 words
  • Article
    Lock icon KL on recognising Afghan govt
    225 20 Bernama MALAYSIA will recognise the Afghan interim government when the time is right. Malaysian Foreign Minister Datuk Abu Hassan Omar said yesterday. The assurance was conveyed by Prime Minister Datuk Seri Dr Mahathir Mohamad to the foreign minister of the Pakistan-based Afghan interim government, Gulbuddin
    Bernama  -  225 words
  • Article
    Lock icon Australia joining watchdog group for East-West trade
    171 20 AFP WESTERN INDUSTRIAL POWERS and Japan were to formally endorse Australia's entry into Cocom as its 17th member at a session in Paris yesterday and today of the informal group which oversees curbs on technology exports to the Soviet Union and other communist
    AFP  -  171 words
  • Article, Illustration
    Digital Research to venture into software with Singapore
    450 20  -  By JEFFREY TSANG DIGITAL RESEARCH, the company that helped develop the world's fiist personal computer, is launching into software development in the Republic. The company, headquartered in Monterey. California, is tying up with the Singapore government to set up a software development
    450 words
  • Article
    Lock icon Comex gold
    81 20 Reuter COMEX GOLD FUTURES held at unchanged levels on mixed buying early yesterday that stemmed from expectations that NYMEX crude oil futures will open at new contract highs. In the first hour, June gold was at Monday night's close of U*****.30 an ounce. Analysts said the buying was
    Reuter  -  81 words
  • LATE FILE
    • Article
      Lock icon Ex-Bank Negara man detained
      49 20 Bernama FORMER Bank Negara clerk Harun Othman. wanted in connection, with the M 522.2 million Bank Negara fraud, has been re-arrested in Jakarta. Harun was first detained by Indonesian immigration authorities for using a forged passport on Feb 1 but escaped two days later. Bernama
      Bernama  -  49 words
    • Article
      Lock icon ATPC agrees to disposal of tin
      42 20 AFP THE Association of Tin Producing Countries (ATPC) has agreed after a two-day meeting in Kuala Lumpur to allow members to immediately dispose of their readily available tin metals, executive secretary Redzwan Sumun said yesterday. AFP
      AFP  -  42 words
    • Article
      Lock icon Overseas investment
      26 20 AFP OVERSEAS investment approvals by Taiwan rose 155.7 per cent from a year earlier to U*****.7 million in the first quarter of 1989. AFP
      AFP  -  26 words
    • Article
      Lock icon New ministry proposed
      47 20 AFP TAIPEI'S parliamentarians, led by Jaw Shau-kang, a leading member of the ruling Kuomintang, yesterday asked the Cabinet to set up a mainland affairs ministry to handle relations between Taiwan and China which have been expanding in the past years, a Cabinet official said.
      AFP  -  47 words
    • Article
      Lock icon Unions threaten May Day strikes
      41 20 Reuter SOUTH KOREAN unions will begin nationwide strikes on May Day if they fail in a campaign to win higher wage settlements and repeal of labour laws they condemn as repressive, union officials said yesterday. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Korean talks postponed
      33 20 AFP NORTH KOREA yesterday abruptly postponed to April 26 a third round meeting with South Korea scheduled for today to prepare high-level political and military talks, Seoul officials said. AFP
      AFP  -  33 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      158 20 WHY START AT THE BOTTOM WHEN YOU CAN START AT TOE TOP. No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property Loans Hire
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      Page 20 Advertisements Column 2
      15 20 The silver report wee not aveilabte at press time FRAT E L L I ROSSETTI
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Rise in tanker chartering
        134 21 Reuter WORLDWIDE tanker chartering in March for spot crude oil rose sharply to 54.41 million long tons at an average new worldscale rate of 74.38 (519 fixtures) from 43.16 million tons at NW 80.16 (427) in February and compared with 42.42 million tons at old worldscale
        Reuter  -  134 words
      • Article
        Lock icon Rocket hits Maltese ship
        49 21 Reuter A ROCKET hit the Maltese ro-ro Quasar, 1,992 dwt, in Beirut roads on Monday, Lloyd s Shipping Intelligence reported. The rocket made a 1.2 metre hole on the starboard bow in the forepeak and also damaged the B deck. Temporary repairs are planned. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Cypriot vessel sinks
        63 21 Reuter THE Cypriot motor vessel, Lama, laden with aluminium ingots worth an estimated US$2O million, sank about 400 km west of Casablanca on April 7, Lloyd's Shipping Intelligence said. The 6,478 dwt Lama sank about nine hours after being in collision with a fishing vessel. The crew
        Reuter  -  63 words
      • Article
        Lock icon Two Turkish ships collide
        210 21 UPI TWO SMALL Turkish freighters collided in thick fog in the middle of the Adriatic Sea on Monday and a daylong search by helicopters and ships failed to find a trace of 14 missing crew members. Port authorities said they feared the missing seamen were asleep
        UPI  -  210 words
    • Article
      Lock icon UK dockers postpone national strike
      259 21 Reuter LEADERS of Britain's dockers postponed a decision on calls for a national strike against government plans to end a scheme guaranteeing them jobs for life. The delay did not mean that dockers were moving away from a confrontation with the government after industry forecasts
      Reuter  -  259 words
    • Article
      Index to advertisers
      906 21 AB Shpg VII ABC Contomerlme XI Accord Shpg VHI AFS XIII Ahrenkiel liner XII AC Toepfer XIII Amencon Tpt XII Arrow lines XI Assoc Carnage XIII ANl III APC line VH API V ASCI V Atlos l«ne XIII Bolt Co nock) line IX Bolt Orient tme IX
      906 words
    • Article
      Committee to study Thai cargo share
      250 21  -  By Richard Ng A COMMITTEE to study on how to increase the share of cargo carried by Thai vessels was formed this week Headed by the Thai Deputy Prime Minister Pong Sarasin, the committee also comprises the Deputy Transport and Communications Minister Anek Tabsuwan
      250 words
    • Article
      Lock icon Four groups propose new system to FMC
      303 21 Seatrade Week WITH an FMC investigation into trans-Pacific rebating activities in full swing, four carrier rate-mak-ing groups have come to the commission with a plan to create a new self-policing system. Called the Far East Policing Agreement, the "neutral body" would monitor and
      Seatrade Week  -  303 words
    • Article
      NOL operates own private box wharf at Bangkok Port
      505 21  -  Wharf can handle four ships of 250 TEUs capacity By LINDA CHEE NEPTUNE Orient Lines yesterday became the first shipping line to have its own private container wharf in Bangkok, Thailand. The new berthing facility, completed at a cost of some
      505 words
    • Article
      OOCL opens office in Australia
      445 21 INCREASED trade between Australia and the Far East has led to a decision by Hongkong's Orient Overseas Container Line (OOCL) to open its own office in Australia. A new company wholly-owned by the OOCL group. OOCL (Australia) Pty Ltd in Sydney, will start business from
      445 words
    • Article
      Lock icon Jakarta facing difficulties in containerising services
      1118 22 Since December 1987, Indonesia has no longer treated containers as imports to be taxed or surcharged, but instead as genuine prices of transport equipment. Lloyd's Maritime Asia ELEVEN months before the liberalisation of inter-island shipping. the Indonesians deregulated their container transport sector. Since December
      Lloyd's Maritime Asia  -  1,118 words
    • Article
      Lock icon Finding a solution to the Europe-FE trade
      416 22 International Transport Journal MANY rumours of different kinds are circulating which indicate that serious thought is being given to the development in the trade between Europe and the Far East and vice versa. Up till now, everybody has tried to avoid an open
      International Transport Journal  -  416 words
    • Article, Illustration
      NKK develops anti-fouling plate for vessels
      298 22 NKK has developed a new anti-fouling plate to counter barnacles, other marine flora and fauna Its latest anti-fouling cupro-nickel (Cu-Ni) clad steel plates, already marketed in Japan, are ideally suited to ships' bottom shell and marine piping applications as they successfully reject adhesion. The
      298 words
    • Article
      Lock icon Weekly freights
      724 22 AFP RATES continued their downward trend this week, especially for grain carriers in Pacific loading zones, traders said. The Baltic International Freight Futures Exchange (Biffex) index fell nine points on the week to 1,622 points. Some 52,000-tonners were chartered for North Pacific-to-Japan grain movements at only U5514.50 per
      AFP  -  724 words
    • Article
      Lock icon Sea-Land makes Kaohsiung its operational base in FE
      296 22 Cargonews Asia WITH the opening of its new two-berth container terminal at the Port of Kaohsiung on March 1, Sea-Land has reaffirmed its commitment to making the port in southern Taiwan its centre of operations in the Far East. According to top
      Cargonews Asia  -  296 words
    • Article
      Who acts for whom ...
      2173 22 Who acts for whom A —B AB Shipping Boustead Shpg Agencies (S) ABC Containerline NV Fargo Shpg Co <S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN). Ahrenkiel Liner Kim Shpg (S) Allred C Toepfer Oceanus Shipping Agency (S)/Multiport Sdn Bhd (PK) Alltrans Alltrans Express IS) American President Lines APL
      2,173 words
    • Article
      Lock icon Sanko Steamship to file revamp plan at end-July
      415 23 Debt payments will be spread over 18 years Reuter THE receivers of Sanko Steamship Co, under court protection from its creditors, have thrashed out a restructuring plan which will exempt over 90 per cent of its debt payments, a Sanko official said.
      Reuter  -  415 words
    • Article
      London Freights
      1022 23 DRY CARGO freight chartering was (airly thin on Monday and business was mainly contained to the grain and time-charter markets, brokers said. Among time-charters a firm US$l7,OOO daily was agreed for a 66,000 tonner for a trip via the US Gulf to Japan, while a 64,000 tonner made
      1,022 words
    • Article
      Lock icon Box congress to be staged in HK
      155 23 Page 111 FROM May 3 to 5. the second World Container Congress will be held in Hongkong, focussing on carriage of perishable cargo. Forming the fastest growing segment of container transport, refrigerated containers will be the subject of a special session at the
      Page 111  -  155 words
    • Article
      SHIPPING LIST where your ships are due...and when
      10306 30 8®aBG)(DllB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      10,306 words
    • Article
      Accounting firm wins deal to study Manila's port tariff
      570 34  -  By AL O LABITA Jr THE Philippines has awarded a U*****,000 contract to a Filipi-no-American accounting firm to study the country's port tariff rationalisation. The firm, Joaquin Cunanan and Price Waterhouse Company, is expected to wrap up the study by December
      570 words
    • Article
      Lock icon Imported food likely to rot as Japanese strike continues
      325 34 AP A STRIKE by Japan's largest union of dockworkers at major ports across the country threatens to leave imported food rotting in warehouses, a Japanese union spokesman said. The 50,000-member National Council of Dockworker Unions of Japan (Zenkowan) launched a strike
      AP  -  325 words
    • Article
      Container schedules/ships in port
      1702 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Op code cargo schedule Location Prabhokti 251A 12.04 89 1800 NP F1 0930-1000 Q4 Maria 45 1204 89 1900 Kl F7 0830-0900/0930 1000 A3/C3 Chun He 38W 12.04 89 2200
      1,702 words
    • Article
      Shipping events
      292 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
      292 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      5 21 <p TIIIES STP Distributors sue
      5 words
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      Page 21 Advertisements Column 2
      20 21 Lines and services represented by /^tfWjfck'X Members of the Registry of Accredited n Shipping Agents, Singapore National I Shipping Association.
      20 words
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      Page 21 Advertisements Column 3
      144 21 TIMES STP Distributors r#me s Puttf»%h*nq Croup Their Bookings For Course Placings Overfloweth... Y/ft m ♦is s LV> L«i i 9! ft 1 0 m rs a 7i 1 ||kj *5 .C m .1 y/ s K 30 f* 0 V ft UStt m i Shipping Times has proven its
      144 words
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      Page 21 Advertisements Column 4
      132 21 Anti-fouling plate NKK has developed a new anti-fouling plate to counter barnacles, other marine flora and fauna. Its latest anti-fouling cupro-nickel (Cu-Ni) clad steel plates are ideally suited to ships' bottom shell and marine piping applications as they successfully reject adhesion. PAGE II Sanko's revamp plan THE receivers of Sanko
      132 words
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      Page 22 Advertisements Column 1
      27 22 NOTICE BALTIC ORIENT SHIPPING 1 PTE LTD SINGAPORE ANNOUNCES THEIR FULLY CONTAINERISED FORTNIGHTLY SERVICE TO ADEN MUKKALAH COMMENCING 17th APRIL 1989 VESSELS "LEUVE"/"MAHASEN" CONTACT: STELLA TEL: *****71
      27 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      652 23 OOCL VtiUicuftid Kj iJo'vict* JAROINC SKIPPING AGENCIES 200 Cantoranwit Road #12 06 Sowthpowit. Singapore 0208 TM 221® 11 TELIX NO RS ***** TERMINATES TH *****11 220 BOOKINGS Tel *****34 735 PCSAKA JAROINC SNIPPING ACENCKS SOU. BHO TORT KELANG TEL: 36M111 Telei No MA3W77/MA39/OI PENANG TEL *****4 TELEX NO MA4OO/3 CfS
      652 words
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      Page 23 Advertisements Column 2
      1091 23 MAERSK LINE ETA ETO This week LMa M Closing Time CV 17/4 2300 HRS CFS 17/4 1300 HRS LEDA M 8904 I*4 19/4 LICA M 8904 25/4 26/4 MARIT M 8904 2ft 3/S MARCHEN M 8906 9ft 10/5 LEISE M 8906 16/5 17/5 LOCHS M 8906 23/5 24/5 MARGRETHE M
      1,091 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      685 24 Hapag-Lloyd CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMER HAVEN R DAM/ ANTWERP LE HAVRE AMPTON P KELANG S PORE HONGKONG HSIUNG mmm CALLING AT *TYO 25/4. 'KOBE 28/4 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE VOY NO S PORE AOGfltS' Singapore *****00 Bookings *****08 CFS *****48 F»« *****38 K. Lumpur *****25*
      685 words
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      Page 24 Advertisements Column 2
      274 24 FRANCE NATIONAL LINE EUROCEANIA RO-RO SERVICE I TO USA-EAST COAST/GULF/CANADA MEXICO/FRENCH WEST INDIES EAST COAST New York, Baltimore, Portsmouth, Norfolk GULF Miami, Mobile, Savannah, New Orleans, Houston MEXICO Mexico City, Vera Cruz FRENCH W. INDIES Fort De France, Pointe A. Pitre, Degrad D. Cannes GEMARTRANS VIETNAM FEEDER TRICOLOR STAR 921-922
      274 words
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      Page 24 Advertisements Column 3
      1008 24 TO EUROPE pEN NORASIA SAMANTHA V 8905-3 17/4 WOENSORECHT V 8906 3 25/4 NORASIA MUBARAK V 8907-3 2/5 NORASIA AL MANSOORAH VB9OB 3 9/5 Also accepting cargo to all U.K. Destina Anterp via Rotterdam Bremen via Hamburg TO MEDITERRANEAN REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEOCR) PKL 18/4 26/4 3/5
      1,008 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1196 25 =m Steamers Maritime Holdings Ltd P&O "^Cont Containers CONTAINER SERVICE TO UK/CONTINENT Also Accepting Cargo For: Haatairg to Capantagw. Ajrhw. I Rottarfem I* Antwerp, Amsterdam. mburg. Maimo. Stockholm, Hotunki. lUlll Zurich CONTAINERSHIP SERVICE FROM UK/CONTINENT LONDON EXPRESS BENCAIRN KURAMA MARU+ H'burg fftaveo R'dam Sailed Sailed Sato Sailed Sailed Sailed Sailed
      1,196 words
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      Page 25 Advertisements Column 2
      1011 25 Ta.CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICI CHOYANG CHANCE 41W 15/4 J/5 4/5 5/5 HANJIN HASAN 04Mf 22/4 10/5 11/5 12/5 I HANJIN lEHAVRE 001* 29/4 17/5 11/5 15/5 QUEEWS WAY BRIDGE OSW t/5 24/5 25/5 2S/5 i Alto acccptinf for Inland UK (Wstinitiora Antwerp and
      1,011 words
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      Page 25 Advertisements Column 3
      384 25 Sun Hup Co (Pte) Lui TEL *****06 (20 Lines) TLX R*****1 A R*****2 f k tstraits/ j«pm/ mum service SPECIALIST IN RO-R0 HEAVY LIFT! VOY. NO. Spore P. Kelang Penang SEKI NAGOYA 66 Hong Kong Yokohama Nagoya 7 Osaka 4 Senboku Moji Tomakomai •For Discharging Only NOTE: ALSO CALLING OTHER
      384 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      557 26 M mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OP IRAN SHIPPING LIMBS Singapore Loading (or:IRAN MEEAD PJLS9I Eta l</4 BANDAR ABBAS w KYOWA LINE HJTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V.36 KYOWA VIOLET V.25 LOAO FOR: VILA. NMA, LTK, SUVA. PAGO. APIA GUAM. SAIPAN, HRA, VILA. NMA. LTK. SVA, PAGO.
      557 words
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      Page 26 Advertisements Column 2
      661 26 HANJIN SHIPPING CO., LTD. y-:i: '_NrAtNEßi.se:. .>F:P.vi I TO EUROPE VIA SUEZ j TO USA PACIFIC SOUTH WEST CHOYANG CHANCE 41* HANJIN HASAN «N HANJIN LE HAVRE OUT QUEEN S WAY BRIDGE 01W LaHavra Rdaai H'buff B'hairan Fttow* 3/5 4/5 5/5 7/5 1/5 W 11/5 12/5 14/5 15/5 17/5 lt/5
      661 words
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      Page 26 Advertisements Column 3
      190 26 INTEROCEAN UNE 78, 2nd Floor, Jolon 2/71, T anion Tun Or. tamoM, ***** KL. Tol: 71 ••734, *****94, *****24 TLX. NO. MA-37M3 FAX: 03-7173*11 Ponong Off; Tol: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS K K\ LIN LIN SHIPPING PTE. LTD. 1, Magazine Road. tfOS-OB Central Building Singapore 0105
      190 words
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      Page 26 Advertisements Column 4
      1157 26 4 EVERGREEN untaiiiff Se Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ssSiiieSissS&iSseSSiKß SiisssSSS ss -ssss :i£ K5 S5 iSS gS J& JS "g !S i>? 2" SS SS SS Jg 1306 ,i<ft ,S« oj w OVOt 1)0 L2/V 13/0/ I#W 16*7 HP EVER GENIUS 12*4 13*4 11*4 16/04 n *4 24/04 EVER CIANT
      1,157 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      681 27 w PACIFIC INTERNATIONAL LINES *v\ PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES [far east ACCEPTING MURURAN/TOMAKOMAI/HfTACHI CARGO VIA HKQ JAKARTA BANGKOK XINGANG VESSEL SEA DRAGON SEA DRAGON QINGDAO VESSEL SEA GLORY SEA GLORY SEA GLORY BLW PEN PKL SM 14/4 15/4 MM IS/4 20/4 22/4
      681 words
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      Page 27 Advertisements Column 2
      261 27 fckJMORBUL 7< vyr NonauLK cargo services ltd. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES jk CONTIN6N* D OP"S OTHER SERVICES NORBULK TBN 24/4 TBN** 11/4 SABAH LOADING FOR JtDOAH HOD ALEXANDRIA -LOADS INDONESIA PORTS. BJECT TO CHANCE WITH/WITHOUT PRIOR NOTICE SPORE MARATHON UNITED AGENCY PTE LTD TEL *****66 KUPK S P
      261 words
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      Page 27 Advertisements Column 3
      378 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT S'POM P KIANC Mati Mm U)4 City of Umkurfk I*4 lit* Urfi fay M* ZW faan Eiprm OH London Eiprou OH 2*4 Bourn r* Hl* Hoa*ur| Cum 4ft tft ImiMV U/S I*s (J Smn 11/5 •moan 111 20ft Nppofi'Cj Mft OuU fay
      378 words
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      Page 27 Advertisements Column 4
      546 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUII LLOYD P.T. SAMUDERA INDONESIA P.T. TMKOM LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES DJAKARTA LLOYD INDONESIAN NATIONAL «INP i A MEMBER OF ANPO) I.U IWi FT7IK SINGAPORE EKA jA Y A AGENCIES MA.A < s i A WASPEF WIP A SON
      546 words
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      Page 27 Advertisements Column 5
      392 27 BOUSTEAD SHIPPING AGENCIES PAGAN VMM HTONEYWA V24CW M AN VI37W BURMA FIVE STAR umm catwin— (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkafc 12/13 Apr lyif Apr 20, a Apr L 3 jeta .if JLIJI3 mwi llllVA'llla^.U.vjii'i WQWTHWMtfPTQMKg SPORE ROMI HMK HULL TAMATAI SAMOA VISN ON 2*5
      392 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      703 28 UJ KAWASAKI KIShN KAISHA. LTD. K L IN t N. AMERICA— PACIFIC SOUTH-WCST ■EEDER VESSEL iHEIN BRIDGE DUMBER BRIDGE rRANSWORLD BRIDGE 4EPTUNE RUBY MOTHER VESSEL VOY LA/LB OAK CHICAGO NYC MOTHER VESSEL BAY BRIDGE GOLDEN GATE BRIDGE HARBOUR BRIDGE VERRA2ANO BRIDGE *V<a F«d*r A f" --1P,.mmßm< -MTjr,. ■*>.. ,4-sz* NEPTUNE
      703 words
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      Page 28 Advertisements Column 2
      611 28 '/16 AUSTRALIA EXPRESS CONTAINER SERVICE AccvpMng FCL/FCL ConWiwra Singapore P XfUot Pmanf loadwt lor Mother W B, rtcdw By FmOw KALI DAS ¥42 13 May 7My 7 May Fivn/MdD/Sydn/Add TULSIOAS ¥41 31 May 25 May 25 May frtm/tfafc/S^/Add KALIOAS V 43 30 Jurw 24 )«M 24 Juna Fr«n/tM>/Sy4n/A<M TULSIOAS *42
      611 words
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      Page 28 Advertisements Column 3
      472 28 GOLDEN LINE GUAM GUM) SWUNG (fit) LTD n, r«M A,« Str««l SINCMORC MM fU: &NHM (M IMMS) fu VHHM STRAITS/PERSIAN GULF SERVICE: OOLOCM HAVIN Catonto/MradM/Dutw GOLDEN BEAR CoiomtxkKKKH Dubai CHINA SERVICE /•VESSEL Hmnfpt, Sh*>gtui S'por* PKeiant Penanf llfll A«r a* MAk CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF
      472 words
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      Page 28 Advertisements Column 4
      398 28 NEWGENTRUST 119/4 r. .9 PHILI-ORIENT LINES PTE LTD\ HEAD OFFICE 63 ROBINSON ROAD CO7-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX: RS ***** PHIL! FAX *****76 HIT/HI EAST FCI A L6L ETA SINGAPORE DESTINATION 21/4. 30/4 w •V"f,T. 1 n'v"' ill ia IWUlftg I T55 |m 24/4 NttTUHA FttlLft U/4. 24/4 "O«BASA.
      398 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      862 29 A<«nU S'poie NEPTUNE AGINCfS PTC. LID. iman Baofcin« Booking Boo*inai (iKpuws fl IU/AUSf IPA/SfA 2inn3 tmii tnona 2/WII6 jnoiw Inward I Outward WW terminal *****22 CFS *****U EXPORT FEEDER VSL N. Ivory UN N. Emerald 07N N. Ivory 12N N. Emerald 08N MOTHER VSL O. Educator 70E O. Exporter 4E
      862 words
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      Page 29 Advertisements Column 2
      195 29 zeA je container line TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST liirMi SRI LANKA/ INDIA NEW ZEALAND/ AUSTRALIA EUROPE/ UK NOW LOADING JAPAN NEW Zl JE CNTR LINE p KELANG) TEL (03) 36* 1200 1 JE CNTP LINE d ENANG) TEL (04) *****6
      195 words
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      Page 29 Advertisements Column 3
      388 29 00"»» HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KEIANG PENANG KEeIUNG 3USAN INCHON STRAITS/KOREA SERVICE Vessel's Name ETD BS S'PORE PKLG Wt BUSAN MOJI NO 9 DONAM/903N 21/03 In Pt 14-15/W 23-BAH 2J-21/04 2704 •GLORIA/904N 0»/04 U-19/04 20-21/IM 29-29/04 Ot-OSOS 05/05 NO I DONAM/904N 1404 24-2504
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      Page 29 Advertisements Column 4
      705 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANG f KELANG MESSRS HAI THONG SHIPPING 127 Pen** Street Pew* Malays* M/S HANDLING SYSTEM CO SON
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      320 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. rii IWUB |I 4 iniet) FAX *****30/724H'J/6 IWX MS 20 WH A/B SSUMA. US 2*) )H') A/H SSCAU r DSR-LINES .£6 OEuTPPACHrSEEHEEOEfIE 90S T OO < oonniin nirinnnn INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND 0. GROTEWOHL 4/89
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      Page 30 Advertisements Column 2
      81 30 T.S.K. lime: WEEKLY CONTAINERISED SERVICE WITH FIXED QAr ARRIVAL TSKJLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. KABUKI SOB ETA SIN 19/4/S9 SPORE > KAOSHIUNG KEELUNG TOKYO SHIMIZU NAGOYA KOBE 4 D/YS 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS EXPORTS TO SURABAYA I <8) PTE LTD
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      156 30 Regional Weather <v v* ■I V n 'r* ft tfi SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO A.M. AprH 12, 11 R Temp*oture c X\ Shower Weothef WirxJ Arec»on with speed *1 knot* Wfoce Wtndi O't >i*4tCoted by orrowt wliidi fly With tKe wM«d o On* tut circle represents calm
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      Page 31 Advertisements Column 1
      850 31 4> UNIPACIFIC TRANS.I TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 cn a n —t J —II tujjf j tjJf a j Algerian National Line FAR EAST/ MEDITERRANEAN SERVICE S PORE LOADING FOR MV KSAR ETTIR 15/4 ALGIERS, ORAN. ANNABA, TUNIS MV KSAR CHELLALA 15/5 S. KOREA, JAPAN ALL
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      Page 31 Advertisements Column 2
      290 31 SI RICHFIELD MARINE AGENCIES IS) PTE LTO Ttt *****33 no Un««i FAX *****1 i TEU6X RS ***** RiSHiP (3 Un«») tw» <»f Ettaopi# ACCEPTING FCt ANI) CONVF.N fIONAL P€N/PKG ETA SPORE LOADING FOB M/V ABBAY WVONZ 23/4 OARESSALAAM MO *f®*®*,^ lßOUTl VOY 19WB ASSAB MASSAWA MOOEIOAM, NETSANET 23/5 OARESSALAAM MOMBASA
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      Page 31 Advertisements Column 3
      597 31 SIGMA EXPRESS (S) PTE LTD (INTERNATIONAL FREIGHT FORWARDERS) FAX: *****75 TLX: RS ***** SHIP TEL: *****44 (6 Lines) a Straits Container Agencies CONVENTIONAL SERVICE VESSEL VOY NO NUSA MAS 04/89 NIAGA XXVII 04/89 NUSA MAS 05/89 S PORE JAKARTA UJG PANDANG 14/4 17/4 23/4 24/4 27/4 03/5 08/5 11/5 17/5
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      Page 31 Advertisements Column 4
      216 31 BALTIC ORIENT SHIPPING PTE LTD. AY OF BENGAL SERVICE SUSAK UN 12/4 LEUVE OH* 17/4 B M TOMAS VOUEC/1925/4 TIGER BAY LEUVE SUSAK 17/4 24/4 21/4 22/4 24/4 Ki Q2E-03W 2/5 30-1/5 7-8/5 7/5 I. YAMBURENKO A ***** 20/4 A GONCHAROV *****9 23/4 9/5 15-16/5 19/5 26/4 28/4 MOTE: DOOR
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      Page 31 Advertisements Column 5
      100 31 JB FARGO SHIPPING TeI:SS4 QISB DESTINATION ETA SINGAPORE I ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND VSI I. HUDIC 222 20/4 27/4 I BRUSSU 224 I U/5 I 2V5 JW C. VEROUK 225 W M 154 ANTWERPtN 221 1M 2M I 2/7 IX DATS TO MELBOURNE! TO USA/CANADA Aiso accepting carfo
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      Page 32 Advertisements Column 1
      167 32 II TMSC m m is aj TIENTSIN MARINE SHIPPING COMPANY XINGANG DIRECT *mv Sky Hover Voy. 2/NB ETA S'pore 12/15 Apr Accepting heavy lift upto 80 Ts KYC Line (S) Pte Ltd Tel: *****55 Fax: *****27 RS ***** OODWAY LCI ACCEPTANCE TO NOUMEA, FIJI N HKG NOUMEA SUVA 4 23/4
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      Page 32 Advertisements Column 2
      277 32 transintra shipping (Singapore) private limited x Cargo bookings Tel: *****88 (5 LINES) REGULAR LINER SERVICE TUG/BARGE* ETA 10-15 APR BANDJARMASIN Ml TAMA ETA It APR IST ANBUL/GENOA/VENICE/RI JE.KA ISLA NEGROS ETA 13 APR MANILA. BATANGAS TEQUILA SUNSHINE ETA IS APR BENGHAZI. TUNIS LD SEALS LINER SERVICE OLYMPIC MERIT End Apr
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      Page 32 Advertisements Column 3
      326 32 PEHINTES LINE WEEKLY Full CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRABHAKTI (TUES) PRASE Tl A (FRIDAY) VOY SINGAPORE JAKARTA ETA ETD ETA ETD 250-251 In Port In Port 15/4 15/4 252-253 14/4 19/4 22)4 22/4 254-255 25/4 26/4 29/4 29/4 SINGAPORE ETA ETD 17/4 17/4
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      Page 33 Advertisements Column 1
      590 33 Everett Lines LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN °ORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P. Kelang Singapore MURRAYEVERETT In Pt/12 Apr 13/14 Apr THOMASEVERETT 20/22 Apr HUGHEVERETT 29/30 Apr ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA.
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      Page 33 Advertisements Column 2
      340 33 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargo** to USA E«t i W«t Coast. Carribbcan.East Canada. HAITI C«*ta Rica, El Salvador. Guatemala. Hondufjv Venejuela Peru. Ecuador. Colombia via Miami. Trinidad. Barbados. Antigua. St Lucia, Montserrat. Guayana via Kingston azai us hm HE na HM ZIM AUSTRALIA CONTAINER SERVICE ACCEPriNfI CARGO TO
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      Page 33 Advertisements Column 3
      475 33 TT 3HWPINO tfIANSPOArAfION (PTE) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 15 APR MANILA 12 APR HONG KONG, ALL CHINA PORTS 15 APR KEELUNG. KAOHSIUNG 16 APR BUSAN 27 APR TOKYO. KOBE 27 APR CHITTAGONG 14 APR DUBAI 21 APR SYDNEY. MELBOURNE 7 MAY BRISBANE. ADELAIDE 7 MAY
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      Page 33 Advertisements Column 4
      397 33 M FL SHIPPING PTE LTD FINE-LINER SHIPPING PTE LTD 11 \3I 70. SHENTON WAY #04 02C marina house spore 020; TLX RS ***** FLINER FAX *****56 TEL. *****77 (12 LINES) Destinations: FROM PORT KELANG/SINGAPORF SHANTOU, GUANGZHOU HUANGPU, XIAMEN WPPKI V HAIKOU, ZHANJIANG ffCtfXLI XINGANG, QINGOAO SAILINGS SHANGHAI OTHtH TOUTS SINGAPORE
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      Page 33 Advertisements Column 5
      401 33 PTC CONTAINER LINES FCI LCL SERVICE PTC GOQU* FAR EAST KEELUNG/KAOHSIUNG BANGKOK MANILA JAKARTA PORT KELANG/PENANG BUSAN TOKYO/YOKO/KOBE HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou Xiamen/Xingang/Shanghai General Agent* POH TIONG CHOON SHIPPING (PTE) LTD TEL 2201)66 FAX: *****4! TLX R*****6 (CR NO: **********0K Pod Kelang Agent SHAPADU TRANS-SYSTEM SDN BHD
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      Page 34 Advertisements Column 1
      67 34 CARGOWAYS AGENCIES P/L Tel: *****07/ *****89-91 BOM/KHI/COLOMBO MADRAS 16/4 24/4 16/4 28/4 15/4 28/4 CALCUTTA 15/4 28/4 LCL consolidation. KCL and breakbulk Conference and vessel below 15 years old. Ocean and House Blit. Local, transhipment, bonded and Class canto *20 FT Avail lor class 2 A 1. Expediters International (Pac-Bridge
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      Page 34 Advertisements Column 2
      690 34 3685/53/368/111 04 *****2/4. 62/293 0/-*****8 0/ 5113/3. 5113/5, *****0. 5133/1 02 *****22 *****88 ma, CALL US AT: P. KELANG PENANG i. BAHRU P GUOANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP. BASLE. BREMEN BREMERHAVEN. COPENHAGEN. HELSINKI. MALMO. OSLO, STOCKHOLM. UK.' LOADING FROM GOTHENBURG. BREMERHAVEN.
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