The Business Times, 26 April 1989

Microfilm: NL16529
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, APRIL 26, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    240 1 Dow Jones up WALL STREET stocks firmed in early trading yesterday, following a smaller than expected rise in March durable goods orders, brokers said. The Dow was up eight at 2411 and gainers led declining issues moderately. Reuter Footsie up LONDON share prices were higher at midday
    240 words
  • Article, Illustration
    Lock icon Takeshita resigns, to the relief of corporate Japan
    598 1 Main opposition demands dissolving of Parliament Agencies IN A MOVE that was hailed by a relieved business community and which brought Japan closer to the resolution of a growing political crisis, Prime Minister Noboru Takeshita yesterday said that he would resign over
    Agencies  -  598 words
  • Article, Illustration
    Tokyo and HK markets react bullishly
    159 1 JAPANESE PREMIER Noboru Takeshita's decision to resign provided buying impetus for investors in Tokyo and Hongkong. In Singapore, a late rally by bargain hunters helped prices partially recover early losses. The Straits Times Industrials Index fell 1.13 points to 1,246.11. The Business Times Composite
    159 words
  • Article
    Asean trip still on: Takeshita
    496 1  -  By HARISH MEHTA JAPANESE Prime Minister Noboru Takeshita is expected to visit five Asean countries armed with a financial package in spite of dramatic developments back home. The package is likely to enjoy the support of his successor, a Tokyo-based analyst said. In a telephone
    496 words
  • Article
    US$ down in heavy selling
    103 1 THE US dollar ended lower against major currencies, especially against the yen, in Asia's foreign exchanges following Japanese Prime Minister Noboru Takeshita's resignation. Dealers in Tokyo said the American currency dropped on heavy selling. The US dollar eased against the yen and in sympathy against
    103 words
  • Article
    Lock icon Phnom Penh to hold elections after Vietnamese pullout from Cambodia
    522 1 AFP PHNOM PENH Prime Minister Hun Sen, who will meet resistance leader Prince Norodom Sihanouk next week, has said general elections will be held in Cambodia shortly after Vietnam withdraws its troops. Mr Hun Sen, who is to hold crucial
    AFP  -  522 words
  • Article
    Lock icon Asian NIEs' labour costs provide the edge in world trade: report
    544 1 AP LABOUR COSTS in Singapore and three other NIEs give them an advantage in world trade, said an AP report. Latest figures from the US Bureau of Labour Statistics show big increases of labour costs in newly industrialising economies
    AP  -  544 words
  • Page 1 Advertisements
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      152 1 brother Laser Printers Electronics Typewriters Word Processors Dot Matrix Printers Facsimiles 743-8000 9 ®ssfct vJ: A 2ND CHANCE TO WW CASH PRIZES M OUB/BS 1 $1000,000 LUCKY DRAW 2nd Draw: 18 September 1989 88 cash prizes to be won Those who missed big cash prizes in the first half of
      152 words
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      Page 1 Advertisements Column 2
      226 1 Full report, PAGE 17 Regional mkts, PAGE 20 World mkts, PAGE 21 siDGreßiara Editorial Comment: 12 One step closer to honesty Japanese politics 12 The fall of Takeshita Philippines 13 Why it attracts foreign business Poland 13 Tough economic battle Travel service lee 2 To be charged from May Breakthrough
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      10 1 ON PAGE 12: Editorial comment How th« mighty Is potential
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      Page 1 Advertisements Column 4
      95 1 I mita NEW AGE COPIERS Convenient, reliable feature-packed Sole Agent WEI TAH CO PTE LTD TEL: *****51 S'pore's trad* rebounded in March, BACK PAGE The choice of royalty since 1880 s S> < Si I Ail. 4 Everything about Jerome Leplat invites you to touch. To feel. To acquire. Quite
      95 words
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  • HOME NEWS
    • Article
      Travel agents'body to impose standard tariff
      410 2  -  By JOHN TAN BARELY TWO months after a hike in air fares, travellers will have to dig even deeper into their pockets when travel agents start charging for travel-related services next month. In a press conference yesterday, the National Association of Travel Agents (Natas)
      410 words
    • Article
      More trade shows ahead for local firms
      301 2 THE TRADE Development Board will continue to help local firms take part in major specialised trade shows overseas as part of its; efforts this year to expand and diversify Singapore's export markets. ■Among the specialised shows aro the Frankfurt Book Fair, Basel Jewellery
      301 words
    • Article
      Sisir scheme helps container makers use UN code
      199 2 MAKERS OF packaging containers in the chemical industries wiO soon find it easier to export to the US, Europe and Japan. The Singapore Institute of Standards and Industrial Research (Sisir) has started a scheme to help packaging container makers use the UN
      199 words
    • Article
      Commercial users of Nixdorf form group
      165 2 USERS OF Nixdorf's commercial business systems have formed a special interest group to share experiences and pursue common interests. A pro-tern committee, led by Ms YP Poon of GAF Singapore Re Ltd, has been set up to draw up a programme of activities to
      165 words
    • Article, Illustration
      Terminal 3 may be needed sooner
      422 2  -  By SUZANNE SOH CHANGI AIRPORT may need a third terminal sooner than expected. If the growth rate in passenger and cargo traffic seen in the first quarter of the year is maintained, Changi will be bursting at its seams by 1993. More than 3.3
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    • Article
      Call to groom more promising junior police officers
      163 2 A SYSTEM of annual performance reviews must be developed for junior police officers to identify and groom those who can make an above average contribution to law enforcement, said Home Affairs Minister S Jayakumar yesterday. Such a system already exists for senior
      163 words
    • Article
      SIA, Delta in joint marketing accord
      190 2 SINGAPORE AIRLINES yesterday announced a joint marketing agreement with US carrier Delta in what is possibly the first move by SI A to establish what deputy chairman Lim Chin Beng recently described as a "close association" with other carriers. In a joint statement, SIA
      190 words
    • Article
      Walt Disney, Touchstone videos
      159 2 VIDEOVAN's recently-acquired licence to distribute Walt Disney and Touchstone videos in Singapore will earn the company $500,000 more this year. Speaking at the launch of its newly-acquired distribution licences, the home video company's president, Mr Peter Lim, said he expected this year's turnover to surpass $3
      159 words
    • Article
      Helping management adapt to change
      334 3 THE INCREASING USE of modern technology in Singapore is changing the business environment and, to keep up, management practices must change too. To help management in Singapore adapt to these changes right into the next century, the Committee on Management Practices has been formed. It
      334 words
    • Article
      Apple to supply 450 Macintoshes to NUS
      347 3  -  Breakthrough for company By JEFFREY TSANG APPLE has clinched a contract to supply 450 units of its Macintosh personal computers to the National University, a breakthrough for the company. All schools in the university are now equipped with computer laboratories stocked with personal
      347 words
    • Article
      High Court dismisses Teo's bid for writ of habeas corpus
      386 3 LAWYER Teo Soh Lung's third attempt to get herself freed from detention under the Internal Security Act was dismissed by the High Court yesterday. Her application for a writ of habeas corpus was dismissed by Justice FA Chua. The court
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    • Article
      MEMO-PAD
      352 3 Seminars and courses Apr 21, 25 Personnel Management Personnel Personnel 28 Practices Organisation Organisation Development Development Apr 24-26 Soles Management SIM Management Singapore Institute House of Management Apr 26-27 How to Prepare Hyatt Hotel Eastern Strategic Marketing Consulting Plans Group Pte ltd Apr 29 Managing Your Own Ploza Hotel
      352 words
    • Article
      A system of great value to the real estate industry
      451 3 VALUERS and other professionals in the real estate industry are to get a big boost in their day-to-day work, thanks to information technology. The Singapore Institute of Surveyors and Valuers (SISV) is developing an information system that will allow valuers
      451 words
  • Page 2 Advertisements
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      298 2 tIJI m i i 1 I |1 J MM 9 :X '4 V 1 1 They could never figure out how he did so well without a desktop computer. If you look carefully, the answer is sitting there on the left hand side of his desk. It's the innovative Epson
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      279 3 \btea' 'Best Buy 2 years in a row i.,-r -^lrvr-r I*'1 S Whol to Buy /or Business Mi'*" IK IH^l-P. V-« SF-7750 Hanson's Guidelines Gold Medal Award 1988 Only a very good copier can be so honoured by the prestigious US business publication, What to Buy for Business. To win
      279 words
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  • ASIA – PACIFIC
    • Article
      Lock icon China held 65 after anti-government riots
      400 4 Only a handful of students detained: official report Reuter CHINA yesterday released its first official account of detentions in the southern city of Changsha after anti-govern-ment riots linked to last week's funeral of reformist leader Hu Yaobang. The official People s Daily said 65
      Reuter  -  400 words
    • Article
      Lock icon Amnesty says China executed up to 30,000 in anti-crime drive
      354 4 Reuter AMNESTY International said on Tuesday that China had executed up to 30,000 people in a drive against crime in recent years, raising fears that some defendants may not have received fair trial. "Many thousands of people have been executed
      Reuter  -  354 words
    • Article
      Philippine businesses urged to upgrade export strategies
      377 4  -  By AL O LABITA Jr CHANGING consumer tastes in major markets abroad like the European Community, the United States and Japan and the threat of competition from other countries have forced Philippine exporters to upgrade their marketing strategies. Since foreign markets now specify
      377 words
    • Article
      Lock icon Thai deputy foreign minister in Ho Chi Minh City
      236 4 AFP THAILAND'S Vice-Minister for Foreign Affairs Prapass Limpabandhu arrived on Monday in Ho Chi Minh City for a 24-hour visit to southern Vietnam, Thai diplomatic sources said. During the visit, Mr Prapass is expected to retake posses- sion of the former
      AFP  -  236 words
    • Article, Illustration
      Lock icon Zhao calls for American troop pullout from S Korea
      344 4 AFP CHINESE Communist Party sec-retary-general Zhao Ziyang has in Pyongyang called for the withdrawal of US troops from South Korea and an end to annual US-South Korean military exercises. The official New China News Agency (NCNA) quoted Mr Zhao as saying
      AFP  -  344 words
    • Article
      Lock icon Kim invites Roh to Pyongyang
      199 4 AFP NORTH KOREAN President Kim 11-Sung has invited his South Korean counterpart Roh TaeWoo to visit Pyongyang, using Mr Roh s title as South Korean president in a practice only adopted two weeks ago. The invitation came on Monday during a banquet welcoming the arrival
      AFP  -  199 words
    • Article
      Lock icon Killing of US colonel rightful: communist party founder
      237 4 AP THE FOUNDER of the outlawed Communist Party of the Philippines said yesterday the slaying of US Army Colonel James Rowe was rightful punishment for US "aggression" in the country. Jose Maria Sison also said that political forces in the Philippines must
      AP  -  237 words
    • Article
      Lock icon Talks on future of US bases to start this year: Aquino
      129 4 AFP PRESIDENT Corazon Aquino said yesterday that talks on the future of two large US bases in the Philippines would begin before the end of this year. She said that since Manila had to give notice to Washington before
      AFP  -  129 words
    • Article
      Lock icon Security alliance with US dead, says Lange
      274 4 Reuter NEW ZEALAND Prime Minister David Lange has called the security alliance between the United States and his country "dead" and said New Zealand may formally withdraw from the Anzus council. In a major foreign policy address at Yale University, Mr Lange on
      Reuter  -  274 words
  • Page 4 Advertisements
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      484 4 PILECON PILECON ENGINEERING BERHAD (Incorporated in Malaysia) AUDITED RESULTS For th« year ended 31st December 1988 The directors are pleased to announce the audited results of the Company and of the Group for the year ended 31 st. December 1988. GROUP COMPANY 1989 19t7 Change 1900 1907 Change $.000 $.000
      484 words
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      8 4 Why tha Philippine attracts foreign businaas, PAGE 13
      8 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      216 4 F rr/// Adelaide Amsterdam Athens Bahrain Bangkok Barbados Beirut Belgrade Berlin Bermuda Bonn Brisbone Brussels Budapest Buenos Aires Cairo Calgary Canberra Carocos Chicago Cop "ha gen Darwin Dublin Frankfurt Geneva Hobart Hongkong Honolulu Islamabad Istanbul Jakarta Jerusalem Jo'burg Kiev K Lumpur Lima Lisbon London Los Angeles Madrid Monilo Melbourne Max/
      216 words
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  • REST OF THE WORLD
    • Article
      Lock icon West German economy shows signs of overheating
      362 5 Reuter WEST GERMANY'S economy, the powerhouse of Western Europe, is showing signs of overheating after six straight years of growth, an authoritative report said on Monday. "After a six-year upswing, tensions are beginning to show in the economy," the report, compiled twice yearly
      Reuter  -  362 words
    • Article
      Lock icon Another rate rise could trigger a recession, Lawson warned
      263 5 AFP BRITISH Chancellor of the Exchequer Nigel Lawson's policy of keeping interest rates high to curb inflation is "on a tightrope," according to a Treasury and Civil Service Committee report released on Monday. Another increase in interest rates could trigger a
      AFP  -  263 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      918 5 ARRIVALS Operator Service number Local time From KAl MAS MAS SiA CPX GU SIA RBA TKY Of A SAS SIA UKA GIA SIA THA OA SIA GU MAS GIA SAB su SIA CAL SIA SU SIA SU SU THA GU SU MAS THA THY CPX KIM MAS
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    • Article
      Lock icon EC's farm deal boosts its influence in Gatt
      238 5 AFP THE EC's new farm accord will improve its bargaining power in the General Agreement on Tariffs and Trade (Gatt), European Commissioner for Agriculture Ray MacSharry said on Monday. The agreement to freeze most farm prices at current levels was hammered out
      AFP  -  238 words
    • Article
      Lock icon Doubts on rosy US budget projections
      324 5 Deficit will be worse than expected: GAO chief FT THE BUDGET agreement reached 10 days ago between US President George Bush and congressional leaders is coming under increasing criticism for having included non-existent or purely temporary expenditure savings and for excluding major programmes. Doubts
      FT  -  324 words
  • Page 5 Advertisements
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      40 5 The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Cillyour Trjvtl Agent or Air Ouuda it 7)*****. A BREATH OF FRESH AIR
      40 words
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      Page 5 Advertisements Column 2
      54 5 I A Va TVW S #> 9 S J .V u- •>-• V"- > > X N > S y- > X X m x V V* \US&k sm ft-: ■•>'■* vs 7 c&k* Seiko Sport-Tech The Latest Sports Fashion Statement *r. tech nolo heroes betonfltti 10 an elite circle
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      56 5 Doonesbury MIKE, I KNOW ITS A MATWR OF PRINCIPLE, BUT IF YOU PONT TAKB THBJQ&, 'J¥. M s m m PL£ASe YEAH. RECON- HAVE AFRA/PtVE St PER.* A HEART, MM&MY I KJQI PEC&ON. X M 7i i I BY GARRY TRUDEAU NOBUTS! BUTT OUT, BUTTS/ m w i rM SORRY...
      56 words
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  • MONEY AND EXCHANGES
    • Article, Illustration
      World interest rates
      199 6 Indicates the average of the prime lending rates oi 12 major banks in S'pore Interbank market rates (offer/bid) on Apr 25 us$ DM SWFC Yen 7 doy* 9 15/14—13/16 u 3/a u 1/4 6 3/16 1/16 6 7/8 5/8 4 3/4 4 5/8 1 n* 10 9
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    • Article
      Government Securities Market
      98 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER HIGH LOW 3 months BQ*****F 20.07.89 4.14 4.09 6 months BS*****N 17.08.89 4.14 4.09 1 year BY*****H 23.11.89 4.13 4.08 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID OFFER HIGH
      98 words
    • Article
      Forex markets
      1688 6 SINGAPORE: EARLY Tokyo trading yesterday saw the US dollar rally to yen 132.18 on talk of Prime Minister Takeshita's resignation. The subsequent confirmation that he will step down in exchange for the passage by the Japanese Diet of the FY 1989 budget brought relief to the market. With
      1,688 words
    • Article
      Money markets
      67 6 THE OVERNIGHT RATE on the Singapore money market closed 1/8 point higher at 5 1/8 per cent yesterday. The one- and two-month rates remained unchanged while the three-month rate rose by 1/16. S$ Interbank rates at the close yesterday: OFff* BIO o»«»nigh» 5 1/8 i 1 -month 5
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    • Article
      IMM
      130 6 IMM foreign currency futures succumbed to steady selling throughout the day on Monday to end lower and near the bottom of session ranges. Volume was light and tapered off at midday. Activity was concentrated in spread activity, notably selling of marks against yen on ideas Japan may match recent
      130 words
    • Article
      Lock icon Simex
      572 6 BA Futures JUNE Eurodollar futures opened two ticks lower than Monday's Simex close at 89.81 on position adjustment ahead ol last night s US durable goods data. The June contract ranged from 8978 to 8981 before settling 2 ticks lower at 8981. Currency futures fell as US dollar strengthened
      BA Futures  -  572 words
    • Article
      Asian dollar market
      282 6 ASIAN dollar deposit rates closed unchanged from the morning in quiet trading yesterday. Dealers said they were reluctant to take positions ahead of last night's publication of US durable goods data for March and release of US GNP figures for the first quarter on Wednesday. "It's an
      282 words
    • Article
      Options
      1378 6 CURRENCY FUTURES OPTIONS Tuesday, Apr 25, 1989 DEUTSCHE MARK (SIMEX) May M cal High Low la Sod May High 88 puta LM Sotl SSSS Mil 1 93 24 3 328 1108 j II ss CAS 3 32 110 Mm 88 can la Jun 88 puta ssrsss 1 1 1
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      108 6 An Invttation to Attend an MBA Talk Dr Rene Samson, Head of the Graduate Studies Department, will be m Singapore to conduct an information and recruitment talk and also to meet prospective candidates for our Master of Business Administration programmes m Industrial Policy and in Accounting and Finance Date 8
      108 words
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      Page 6 Advertisements Column 2
      6 6 Keep your investment decisions on target
      6 words
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  • BANKING AND FINANCE
    • Article
      Indosuez Asset hopes to manage US$300m within next few years
      406 7  -  By QUAK HIANG WHAI INDOSUEZ ASSET MANAGEMENT (Singapore) hopes to manage about US$3OO million in its asset management portfolio within the next few years, the group's Hongkong chief said. Mr Robert Lloyd George, managing director of Hongkongbased Indosuez Asia Investment
      406 words
    • Article
      Lock icon Tokyo to help offset money shortage
      175 7 Reuter THE BANK OF JAPAN was scheduled to buy several hundred billion yen of commercial bills yesterday to help offset a projected 610 billion yen money marcet shortage, money traders said The shortage is mainly due to the maturity of 600 billion yen in
      Reuter  -  175 words
    • Article
      Lock icon Sumita hints of rate hike to check commodity price rise
      393 7 UPI EANK OF JAPAN governor Satoshi Sumita yesterday hinted at a possible interest rate hike to combat ipward pressure on commodity prices. "Upward pressure on commodiV prices has increased because of tie tightening supply-demand situation and labour shortage, and the
      UPI  -  393 words
    • Article
      Comex gold/silver futures
      172 7 Gold futures on Apr 24 1989 100 troy ounces; US$ per troy ounce Opofl High Low Sottto Apr 89 383.60 388.20 383.60 387.70 2.80 Moy 388.20 2.80 Jim 387.70 391.70 386.70 391.00 2.80 Aug 392.00 396.50 391.70 395.60 2.70 Oct 398.00 399.50 398.00 401.00 2.80 OK 402.80
      172 words
    • Article
      Lock icon Maybank in computer disaster recovery venture
      240 7 Bernama MALAYAN BANKING Bhd and SCS Computer Systems Sdn bhd, a subsidiary of Singapore Computer Systems Pte Ltd, on Monday signed a memorandum of understanding to set up a computer "disaster" recovery company in Malaysia. The joint-venture company is to provide access to and
      Bernama  -  240 words
    • Article
      Indian banks pay top deposit rates Fixed deposits — Who pays what
      1228 7  - Indian banks pay top deposit rates Fixed deposits Who pays what BT survey of banks and finance houses By HONG LEE TIAM WHO PAYS THE BEST in fixed deposits? They are generally not the banks and finance companies which shout the loudest by advertising their rates. The banks that are
      1,228 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      72 7 SHANGRI-LA INTERNATIONAL INK 0 K WHERE KLSK BUT THK SHANGRI-LA One of the world's finest hotels. Shangri-La hotel SHANGRI-LA INTERNATIONAL: BANGKOK (2) 234 7777* HONG KONG 15) 110 7712 KUALA LUMPUR (03) 230 6241 SINGAPORE 235 1311 AUSTRALIA (001) 222 448 LONDON (01) 311 4217 GERMANY (0130) 6649 TOKYO (03)
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      Page 7 Advertisements Column 2
      211 7 VG SWISS MADE spy *or> m® r- W t. A f a; r ■p V. IT T?v >' r V ,~*2: JF »S <f* jJk? 4r 3E m .r *-r-: v -J <#*5 fllfci• jfa ijamrsaimmi *sr-i I <wr. -V •V Tlie only watch you'd wear when you decide to
      211 words
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  • COMMODITIES
    • Article
      Lock icon KL's new strategy to fight anti-palm oil move
      282 8 Bernama MALAYSIA has developed a new strategy to fight the anti-palm oil campaign in the United States. Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said in New York yesterday. He declined to disclose the strategy to journalists saying that "it
      Bernama  -  282 words
    • Article
      Lock icon Arab Gulf oil producers to seek common policy
      416 8 Reuter GULF ARAB oil producers will meet in Jeddah today to seek a common policy on prices and production ahead of Opec's key June meeting, oil industry sources said. "The (Gulf oil) ministers' tackling of the oil market situation will be of
      Reuter  -  416 words
    • Article
      Lock icon Oil prices decline on news of higher production, new sources
      244 8 AP ENERGY futures prices plunged in New York on Monday amid new reports of rising oil production and possible new sources of imported petrol. The June contract for West Texas Intermediate, the benchmark US grade of crude oil, fell 71
      AP  -  244 words
    • Article
      Lock icon Bordeaux wine scandal deepens with new arrests
      321 8 Reuter FRANCE'S new Bordeaux wine scandal deepened this week after police arrested directors of a big distributor of well-known vintages on suspicion of fraud. Christophe Piat and Jacques Reyn, of Vinyrama, were taken into custody during the weekend and charged in the south-west-ern
      Reuter  -  321 words
    • Article
      Lock icon Nickel price on LME jumps following smelter explosion
      241 8 FT THE PRICE of nickel rose sharply on the London Metal Exchange on Monday after Outokumpu, the Finnish mining and metals group, declared force majeure on nickel deliveries because of an explosion on Saturday at its Harjavalta smelter. A larger-than-expected fall in
      FT  -  241 words
    • Article
      Precious Metals
      375 8 HONGKONG: GOLD closed lower yesterday as moderate morning trade quietened later, dealers said. US and Swiss selling pressured gold after the opening but it later found support at US$3B6 an ounce. Dealers said they expected bullion to trade in a range of US$3B5 to US$3BB an ounce in
      375 words
    • Article
      Produce Prices
      196 8 Chinese Produce Exchange Sellers' noon closing prices on Apr 25 (SS/100 kg) Coconut oil Bulk FOB 103.00 Old drum FOB 113.00 Now drum FOB 117.00 Copra Mixed (too**) 61.00 sellers Pepper Muntok whit* FOB NLW 660.00 Sarawak whit* FOB foq NLW 650.00 Sorawok special black FOB NLW 472.50
      196 words
    • Article
      London markets
      271 8 London Commodity Exchange Buyer/Seller closing prices on Apr 24 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London May 1158/1160 (1142/1143) High/Low 1163/1150 July 1103/1104 (1095/1097) High/Low 1115/1100 Sales (2492) Cocoa May 737/739 (739/733) High/Low 739/733 July 753/755 (761/762) High/Low 755/746
      271 words
    • Article
      Lock icon Complications surround US-Soviet grain talks
      429 8 Reute SOVIET officials meet their American counterparts this week anxious to buy subsidised wheat, but the timing of the talks is delicate because of the US drought and a dispute between two government agencies. Grain trade officials say the Soviets want up to two million
      Reute  -  429 words
    • Article
      Lock icon KL Tin
      205 8 Reuter WIDESPREAD renewed buying demand saw the Kuala Lumpur Tin Market rebound 36 cents to close at 28.05 ringgit a kg. The rise was partly due to the ringgit's fall against the US dollar and sterling. "After the recent correction, the direction now is one way up and
      Reuter  -  205 words
    • Article
      SSR and SMR
      80 8 (cantt/kg) MAY 1989 JUNE 1989 (currant month) (forward month) RAS NOON NOON 8uy«n StMtn ky«n S*N*rs SSB 20 179 50 181.SON 179.50 181 .SON SSI 50 177 JO 179.50N 177.50 179.50N MRELB ■vy*rt S*H*n •vytn S*N*n SMI CV 280.50 282.SON 282.50 284.50N SMt I 281.50 283.50N 283.50
      80 words
    • Article
      Lock icon Crude Oil end Products
      152 8 Telerate FUEL OIL prices were steady-to-slightly lower in light trade. However, traders said that the market continued to be supported slightly by regional demand. The Korean refiner was reportedly willing to pur- chase 50,000 mt of May CST3BO MSFO. Also. Philippines might still require a cargo
      Telerate  -  152 words
    • Article
      Rubber
      307 8 SINGAPORE: Rubber prices closed lower yesterday with May 1 RSS buyer quoted at 208.50 cents a kg, down 0.25 cent from Monday's close. Dealers said prices eased slightly in the afternoon on profit-taking. Trading was quiet as most operators kept to the sidelines in the absence of incentives. Prices
      307 words
    • Article
      RAS and MRELB
      283 8 RAS prices (n S cent*/kg, FOB in bata 1 NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 209.00 210.00N 208.00 209.00* Int 1 RSS May 89 209.00 210.00 208JO 209.50 Int 1 RSS June 207.00 207.50 206.00 207.00 Int 2 RSS OP 201.50 203.50N 201.00
      283 words
    • Article
      Palm Oil
      540 8 MALAYSIAN crude palm oil prices closed lower on light speculative selling and buyers' reserve, reflecting weaker palm oil futures and Chicago soyoil futures overnight, dealers said. Trading was quiet all day as operators remained unwilling to take positions due to uncertainty over the market's immediate outlook in the
      540 words
    • Article
      Wheat
      187 8 SOFT red winter wheat futures on the Chicago Board of Trade ended with extended small gains on Monday on light renewed speculative buying. The market confounded most in the trade by starting on a firm note in sharp contrast to calls for a lower start. A steady tone in
      187 words
    • Article
      Soybean
      193 8 SOYBEANS on the Chicago Board of Trade extended sharp losses late on Monday as selling picked up on new private forecasts for a greater chance of beneficial rain in dry US midwestern growing areas from mid-week, traders said. Prices sank by over 22 cents a bushel in some contracts
      193 words
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      267 9 m f! Ki 'I V >« 'ji >» l 1 ®!«ii w ■>* i-x Pfi.#' ;n.lf r :i mm v*.i SSi r SB* <*Ssg£* >s^* ci <*h -svh e ,i. £S«bl> m .'•'SSI m V, i I ,v t-: O/ <>' «3K I V r > J S J> -I
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  • FOCUS
    • Article, Illustration
      Lock icon Tremors in the Middle Kingdom
      1976 10  -  COLINA MACDOUGALL reports: on China's most ominous period since* the communists came to power COLINA MACDOUGALL FT THESE LAST TWO WEEKS have seen the most formidable challenge to the leadership in Beijing since the fall of the Gang of Four in 1976. Tens of thousands
      FT  -  1,976 words
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      74 10 CONGRATULATIONS FUJI/GE PTE LTD JSflSk WORKING TOWARDS A PARTNERSHIP UM KM HAI BfCTRIC CO (S) PTE LTD Head Office Un Kin Hai Bulling S3, Kallang Place, Singapore, 1283. Tefc*****11 (22 Lines) Cable Address: UMLECTRIC Telex: R8 ***** Fax: *****78 UM KM HAI BfCTRIC (MALAYSIA) SDN BHD 9th Root, West Wing,
      74 words
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      301 11 h FUJI/GE FUJI 896 DUNEARN ROAD, #04-06 SIME DARBY CENTRE SINGAPORE 2158 TEL: *****33 FAX: *****90/*****19 Message From The President: We are pleased to announce the official opening of FUJI/GE PTE LTD (SINGAPORE), which is a joint venture between FUJI ELECTRIC CO LTD (JAPAN) and GENERAL ELECTRIC CO (USA). This
      301 words
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  • PERSPECTIVE
    • Article
      One step closer to honesty
      495 12 POLITICAL CORRUPTION is of two major kinds. There is one sort in which a party uses corrupt means (from illegal campaign fund contributions by companies to foreign money) to achieve power and, having done so, stays in power by using, brutally, the state's coercive powers
      495 words
    • Article, Illustration
      Lock icon The fall of Takeshita
      683 12 The Recruit scandal finally has claimed Japanese Prime Minister Noboru Takeshita. The pieces on this page look at Mr Takeshita's career; the leading candidates for the premiership; and the history of the Recruit scandal since the time it broke loose, complicating the Japanese political scene. Reuter
      Reuter  -  683 words
    • Article
      Chronology of Japan's Recruit scandal
      695 12 Jun 19 1988 Jul 0 Jul 7 Hit v >* Oct 11 Oct 19 Oct 20 Nov 1 Nov 3 Nov 7 Nov 10 Nov 21 Doc 9 Doc 14 Doe 30 Jon 24 1989 Tho Asa hi Shimbun newspaper reports that the former deputy
      695 words
    • Article, Illustration
      Lock icon Several potential successors to Takeshita
      583 12 AP PRIME MINISTER Noboru Takeshita's announcement yesterday that he will resign after passage of the fiscal 1989 budget left no clear successor, although there are several possibilities. Mr Takeshita had two powerful rivals Shintaro Abe, now secretary general of the ruling Liberal Democratic Parry, and
      AP  -  583 words
    • Article
      Lock icon Why Philippines attracts foreign business
      647 13 FT UNI DEN of Japan chose Manila and not Bangkok for a US$26 million plant to assemble communications equipment precisely because the Philippines is not about to join the region's economic superstars. Having moved from Japan and then from Taiwan, Uniden, which sells exclusively in
      FT  -  647 words
    • Article, Illustration
      Lock icon Africa's fading French affair
      897 13 The Economist AT NOON, in the chic Frenchspeaking cities of West Africa, Europeans and those Africans who can afford it buy baguettes for lunch. The smarter streets are dotted with pavement cafes, flower shops and sleekly groom poodles. French bureaucrats sit behind important desks in almost
      The Economist  -  897 words
    • Article, Illustration
      Lock icon POLAND'S TOUGH ECONOMIC BATTLE
      842 13 NYT NOW THAT Poland's economic crisis has led the government to seek accommodation with the Solidarity trade union, attention has again turned to how to bolster the economy over the long haul. But a political settlement has proved easier to reach than an agreement on how
      NYT  -  842 words
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      76 12 m cl J rrew*Jl u "v* ■:> N S :v;» PI <lim? Boaa» QH T>* 2mw v#r M J«I» :p; $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS PSA, the busiest port in the world, is on course for other accolades. Boom time for the shiprepoir industry. A profile on Tibs
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      113 13 Singapore's a Financial Supermarket YEARS OF GROWTH THE EMERGENCE of Singapore as a financial centre began in 1968 with the launch of the Asian dollar market. This local pride, which deals in foreign currencies, turns 21 this year. To commemorate this special occasion, BT's 1989 Banking and Finance Supplement will
      113 words
  • Page 13 Miscellaneous
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  • LEISURE
    • Article, Illustration
      Lock icon Perkins plays Dr Jekyll and Mr Hyde
      580 14 PERSONALITIES Reuter NEARLY THREE DECADES after lie won fame for his role as a homicidal maniac in Psycho, Tony Perkins is playing another movie monster Dr Jekyll and Mr Hyde with a dose of Jack the Ripper thrown in. Having built his reputation,
      Reuter  -  580 words
    • Article
      Lock icon Rare rhinos found in Vietnam
      342 14 WILDLIFE AP A SMALL population of the world's rarest rhinoceros has been found in a war-ravaged region of Vietnam not far from Ho Chi Minh City, wildlife officials said on Monday. The Javan rhinoceros somehow survived decades of war and defoliation in the eastern part
      AP  -  342 words
    • Article, Illustration
      Lock icon The many faces of Mrs Thatcher
      763 15 COLLECTIONS Reuter A BRITISH ARISTOCRAT, known for his fascination with memorabilia of the famous. is in two minds about whether to show his latest collection to Margaret Thatcher. The Marquess of Bath, whose previous obsessions include items dealing with Adolf Hitler and Winston Churchill,
      Reuter  -  763 words
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      760 14 T i r/ m »'flsil jp ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHKR IS THE CHOICE OF MAIN COURSES. PALM For between $26+ and $40+ yon can select from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from m&ny lavish
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      Page 14 Advertisements Column 2
      181 14 Treat your secretary to a delectable 4-course lunch f"! and fashion spectacular as only The Stables can do it. There'll be gilts for one and\ all, plus a chance to win valuable prizes in our Lucky Draw. YOP* 1 &4L+m C« Ontwd Knurl. Suitapon- M£< TH: 7:17 4411 A Rose
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      253 15 So much to choose for only $21.50 A sumptuous spread with many diferent types of appetisers, hot and cold soups, a salad selection, superb pastries, truffles, tortes cheese board, fresh fruit...freshly brewed coffee All for $21.50 And for $27.50 you can add a roast or a choice of 6 main
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      68 15 -^N<kv s v XX J W/< v//s v/y m m I 1 Z V. V J. 'm i#j> 1 quality GUARANTEED fULLV VATURFD IS cl 43% vol 1 m P FINEST SCOTCH WHISKY f BLENDED BOTTLED BV iSo/ZiuUi/tr e/oft. Z£u/u/ed C/)a////m ~-Q)itfM6ar/ori. efrot/aru/ 1 PRODUCT OF SCOTLANO 01 MfOT 01IM
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      43 15 OCKY'S PIZZA PASTA Conveniently Located For Your LumJi/DUmt (Just Behind Peranakan Place) 9 Emerald Hill, Singapore 0922 TeL*****70 *****73 Open 11am 11pm daily Also located at Sunstt Way Roxy Square WE DELIVER! Function Room Available For Your Office Partiet, Lunch Meetings, Birthday Parties
      43 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      635 15 CRYPTIC PUZZLE ACROSS 1 Motto that's much of a muchness! (5) 6 Knotty difficulty (5) 9 Character who can master a wild tiger! (7) 10 Open a page, possibly? (5) 11 Hit number? (5) 12 Cut Sally Lunn's initials on a tree (5) 13 Dignitary getting about in a dish!
      635 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1322 15 The cast of Tattingers >%y OUR CHOICE TATTINGERS: Virgin Spring, 9.30pm, Channel 5 Hillary sees a love-letter in Winnifred's handwriting, panics and phones ex-hubby Nick to have a serious father-daughter talk with her about the birds and the bees. At the same time. Nick has to cope with a man
      1,322 words
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  • SPORTS
    • Article, Illustration
      Leach beats Matuszewski
      526 16  -  TENNIS By A SURENDREN THE SECOND DAY of the Epson Singapore Super Tennis produced another upset when unseeded American Rick Leach knocked out eighth-seeded compatriot Richard Matuszewski 6-2, 6-2 in the first round. In other matches, top seed Kevin Curren, also of America, had little difficulty in
      526 words
    • Article, Illustration
      Leach looks forward to winning Wimbledon
      721 16  -  By CHARLES SAVAGE "1 THINK I'm a little too sensitive sometimes," says 24-year-old Californian Rick Leach. "I let things bother me and build up If I get a bad call I get too hot on myself. If I learn to be more mild tempered
      721 words
    • Article
      Lock icon Arias surrenders his chance for success
      456 16 AFP JIMMY ARIAS lost the chance he had been waiting for all year when he frittered away a host of chances against Martin Jaite in the Monte Carlo Tennis Open on Monday. The two men, both aged 24, badly needed to win to rekindle
      AFP  -  456 words
    • Article
      Trustworthy races home first in Perak Derby
      223 16 RACING TRUSTWORTHY, with Luke Danis aboard, denied Istanbul a derby double when he took the M 5200.000 Perak Derby in Ipoh yesterday. Trained in Singapore by Douglas Dragon, the four-year-old New Zealand-bred held off the late challenge of the Singapore Derby winner by
      223 words
    • Article, Illustration
      Lock icon Blacks are better in sports: Lewis
      369 16 ATHLETICS UPI CARL LEWIS'S conclusions about black athlete superiority are neither scientific nor easy to disprove. "Generally, the blacks, physically, are made better." the Olympic gold-medal winning track star says on an NBC news documentary Black athletes fact and fiction, which aired last night.
      UPI  -  369 words
    • Article
      Lock icon Kuramoto seeded eighth for Grand Prix of Europe
      198 16 GOLF AFP JAPAN'S Massy Kuramoto has been seeded for the Grand Prix of Europe Matchptay Championship in Chepstow, Wales, next month. Kuramoto, who reached the quarter-finals of the £300,000 tournament last year, is ranked eighth and so receives a bye in the
      AFP  -  198 words
    • Article, Illustration
      Lock icon Lammeire takes first leg of Tour of Spain
      321 16 CYCLING AP BELGIAN RIDER Mannix Lammeire won the first leg of the Tour of Spain cycling race, taking the yellow leader's jersey after a circuit through the Spanish city of La Coruna on Monday. Lammeire was clocked in 25 minutes and 18
      AP  -  321 words
    • Article
      Lock icon Jamaica has trouble scoring runs
      220 16 CRICKET Reuter CLEVELAND DAVIDSON hit 74 as Jamaica found it hard to score runs against India on the third day of their four-day match on Monday. Jamaica ended the day at 281 for eight in reply to India's first innings score of 586. The Jamaicans
      Reuter  -  220 words
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      231 16 EPSON SINGAPORE SUP€R TENNIS Schedule of play (or today; Centre Court: (spm) Christian Sarceanu (W Gar) v Kelly Evernden (NZ); Amos Mansdorf (Isr) v Tobias Svantesson (Den); Kelly Evernden/Matt Anger v Tomas Nydahl/Olli Rahnasto Match Court 1: Tomas Nydahl (Swd) v Jim Pugh (USA); Wally Ma sur/Jason Stoltenberg v Richard
      231 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon MMC expected to post record profits this year
      570 17 Reuter MINING GIANT Malaysia Mining Corporation (MMC) is headed for record profits for financial year 1989/90 if tin prices maintain current high levels, securities analysts and company sources say. MMC, the world's largest tinmining company, posted a record pre-tax profit of M
      Reuter  -  570 words
    • Article
      Amtek's pioneer status extended
      256 17  -  By JOSEPHINE CHAN SESDAQ-LISTED Amtek Engineering Ltd has been successful in its application for an extension of its tax-exempt pioneer status for another five years from the Economic Development Board of Singapore. Under the pioneer status concession, the company's taxable income from manufacturing activities will be
      256 words
    • Article, Illustration
      Lock icon KLSE's single phase new trading system
      434 17 NST THE Kuala Lumpur Stock Exchange (KLSE) is to implement both phases of its computerised trading support system on May 15, instead of staggering them as planned earlier. Tentatively called the SemiAutomated Trading System (SATS), the system is expected to be fully operational in
      NST  -  434 words
    • Article
      Back-office staff feel weight of tremendous volumes
      778 17  -  By ANDREA BORCH THE STOCK market's tremendous volumes during the past few weeks have kept back-office staff working until early morning hours and whetted expectations for further computerisation of back-offices. Broking houses as well as the stock exchange have hired temporary workers to
      778 words
    • Article
      Lock icon Asian bourses too small to soak up Japanese cash
      628 17 Reuter THE FLOOD of Japanese money now pouring into Asian stock markets is hitting a bottleneck that could slow further investment. Booming economies and lower taxes are attracting Japanese investors to Hongkong, Singapore and other share markets in Asia, but lack
      Reuter  -  628 words
    • Article
      Lum Chang Securities hires more dealers
      302 17  -  By HERMAN PHUA LUM CHANG Securities, in an effort to boost its institutional trade, has expanded its dealing staff dramatically. An official from Lum Chang told BT that the company has managed to secure the services of a team of six investment officers from
      302 words
    • Article
      Lock icon Guinness (M) expecting decision on merger
      253 17 Bernama GUINNESS MALAYSIA Bhd is expecting to receive a final decision from the relevant authorities regarding its proposed merger with Malayan Breweries (M) Sdn Bhd in the latter half of this year. Guinness managing director Peter Banner said after Guinness's AGM yesterday that if
      Bernama  -  253 words
    • SES
      • Article, Illustration
        Trading cautious as investors continue to focus on lower-line stocks
        1077 18  -  iiaoby ANDREA BORCH THE LOCAL MARKET generally ignored yesterday s announcement that Japanese Prime Minister Takeshita would resign, as it continued to give up volume and groOnd. "Takeshitas resignation could mean political instability, and thus depress the market, but people
        1,077 words
      • Article
        APPROVED ISSUES
        123 18 Company RIGHTS ISSUE 0 C Bank One-for-two $0/5 per shore Ex-dote: Morch 9 Books dose: Morch 23 Acceptonce Payment: May 5 George Town Three lor two $1 00 per stare Ex dote: Morch 13 Books dose: Morch 28 Acceptonce t Payment May 12 Guthrie GTS Three-tor one ol
        123 words
      • Article
        PROPOSED ISSUES
        320 18 Company RIGHTS ISSUE Ayer Hitom Tin One-for-one $1 10 per shore Berioyo Corpn One-for-one $1 00 por per shore C 1 Holdings 27 million loon stocks in the roHo of $3 loon stock lor every live ordinary shores held Causeway Inv Issue of $7,233,937 nominal omount of 6%
        320 words
      • Article
        COMPANY MEETINGS
        115 18 LANDMARKS holdings BSD: 67th AGM at the UN 2nd Floor, Parkroyal Kuala Lumpur, Jalan Sultan Ismail, ***** Kuala Lumpur. tomorrow at 11.00 am. 4 UIITED OVERSEAS LAND LVD: 26th AGM at the Bdard Room, 30th Storey, (JOB Building, 1 Bonham Street, Singapore 0104, tomorrow at noon. FEDERAL FLOUR
        115 words
    • Article
      SES SHARE INFORMATION
      6032 18 19( 19 Low Tel Last Vol Day Last Quote Gr s Div Div Gr s Y'ld Net M Cap >4 High Cod* Company Sale or(•000) High Low Buyer S eller C'*r PIE $mll APR 25 •3 SESDAQ 154 120 t 4000 Amtek Eng 20c 154 unch 79
      6,032 words
    • KLSE
      • Article, Illustration
        Shares edge downwards
        3524 19 PRICES essed marginally across the board on the Kuala Lumpur stock msrket yesterdsy in modsrstely active trsding. This is despits sn uptrend on the Tokyo stock market Dealers said that in the absence of fresh factors, institutions! investors remainsd on ths sidelines snd refrained from placing orders.
        3,524 words
    • REGIONAL MARKETS
      • Article
        Jardine Strategic to raise US$200m
        417 20  -  By FOO CHOY PENG Hongkong Correspondent JARDINE STRATEGIC Holdings is to raise about US$2OO million (HK$l.56 billion) through the issue of 200,000 US dollar-denomi-nated convertible preference shares. The issue, to be sold primarily in Euromarkets, is jointly managed by Credit Suisse First Boston and Jardine
        417 words
      • Article
        Lock icon State bodies buy 30pc of Shell Timur
        112 20 Reuter SHELL OVERSEAS Holdings Ltd, a company of the Royal Dutch/Shell Group, has sold 30 per cent of its equity in its wholly-owned Malaysian unit Shell Timur to three state agencies, the company said The new partners of Shell Timur are Innoprise Corp,
        Reuter  -  112 words
      • Article, Illustration
        Lock icon Prices of Tokyo real estate expected to rise even higher
        802 20 Re uter TOKYO land prices may exceed already astronomical levels, despite the government's successful move to curb speculation, property analysts say. "Unless there's a sharp upturn in interest rates or a tighter monetary policy, land prices are likely to pick
        Re uter  -  802 words
      • Article, Illustration
        Shares finish up after late rebound
        1348 20 Hongkong ENCOURAGED by the sharp gains of their counterparts in Tokyo, prices of blue chipe closed yesterday on the Hongkong market at the day's highs after an afternoon rebound. The Hang Seng index gained more than 30 points in the afternoon and closed at
        1,348 words
      • Article
        Lock icon Seoul: Thin trading
        178 20 Reuter SEOUL STOCKS drifted lower in thin trade yesterday with investors either sidelined or taking profits from Monday's moderate gains, brokers said. The composite index stood at 943.99 near the close, 5.15 points lower from Monday's finish. Trading was an unimpressive 288.7 billion won against 251.6 billion
        Reuter  -  178 words
      • Article
        Lock icon Taipei: Record turnover
        492 20 Reuter FRANTIC TRADING on the Taiwanese stock market yesterday pushed turnover over NT$lOO billion as share prices tumbled almost across the board. The weighted index dropped 70.09 points, or 0.9 per cent, to finish at 8,102.39 compared with Monday's 8,172.48 while falls led rises 122 to 44.
        Reuter  -  492 words
      • Article
        Lock icon Bangkok: Index up
        156 20 Reuter THE Securities Exchange of Thailand Index rose 7.19 points to 493.53 yesterday on a turnover of 12,015.033 shares worth 1,048.57 million baht. AMI 2S BAHT Ao Kham Thai Ayudhyl Invaatman Bangkok Aground. Bangkok Bank Bank Ot Ayudhya Oarooog Thai Win A CaWa 424 t 36 75
        Reuter  -  156 words
      • Article
        Lock icon Bombay: Higher dose
        105 20 Reuter BOMBAY share prices finished higher in active trading yesterday for the new account but off the day's high as early momentum faded on institutional profit-taking at the cloee, brokers said. The market opened strongly on buying in regional markets in a wide range of stocks, but
        Reuter  -  105 words
      • Article
        Lock icon Manila: Prices rite
        201 20 Reuter PHILIPPINE shars prices rose across the board yesterday on fundamental interest and speculation on a proxy fight in Atlas Mining. The main share index roee to a new 19month high for the ninth consecutive trading day. The Manila Stock Exchange composite index ended at 993.88 points,
        Reuter  -  201 words
      • Article, Illustration
        Lock icon Market sharply higher
        561 20 Tokyo Reuter TOKYO share prices closed sharply higher yesterday. Some political uncertainty was dispelled after Prime Minister Noboru Takeshita said that he and the rest of the Cabinet would resign over the Recruit share scandal. Most expected the resignation, but were unsure of the timing. "It looks
        Reuter  -  561 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks down after profit-taking
        794 21 New York Reuter SHARE PRICES on Wall Street retreated on profit-taking on Monday following a strong advance last week that took blue chips to post-crash highs. But selling was mild and stocks closed with only modest losses. Investors are waiting for several economic reports later this
        Reuter  -  794 words
      • Article, Illustration
        Lock icon Equities open firmer
        973 21 London Reuter LONDON SHARES opened firmer in quiet business yesterday with dealers still wary of opening large new positions ahead of today s crucial March UK trade data. Dealers said this figure could well determine the immediate direction for UK interest rates. A hike in UK rates
        Reuter  -  973 words
      • Article
        Lock icon Views mixed on bid for Goodman Fielder
        497 21 Reuter THE STOCKMARKET is divided over the logic of Ranks Hovis McDougall pic's surprise £1.4 billion bid for Australasia's largest food group, Goodman Fielder Wattie Ltd. It's a reversal of GFW's failed bid for RHM last year which left it with 29.9 per
        Reuter  -  497 words
      • Article
        Lock icon Corporate reorganisation at Hoffmann-La Roche
        309 21 Reuter SWISS CHEMICAL and drugs giant Hoffmann-La Roche has announced a corporate reorganisation which industry analysts said would streamline the group's antiquated financial structure. A key feature of the move is to break up the company's expensive shares traded over the counter into smaller units
        Reuter  -  309 words
      • Article
        Lock icon US securities firms cutting staff after bad quarter
        551 21 Reuter BECAUSE OF a business slump, US securities firms with few exceptions are cutting staff and finding other ways to reduce expenses, Wall Street analysts said. First Boston Corp president and chief executive William Mayer told the firm's employees in a memo
        Reuter  -  551 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1508 21 Reuter ZURICH: Swiss share prices closed slightly lower on moderate turnover yesterday but shares of chemical group Hoffmann-La Roche ended higher in heavy trading, dealers said. Investors' attention concentrated on Roche shares after the company said it was abolishing the twin share structure under which shareholders jointly
        Reuter  -  1,508 words
    • Article
      March trade rebounds after February lull
      516 22  -  Oil the only export sector to show decline By JEFFREY TSANG FOLLOWING February's lull, trade rebounded strongly in March, recording a 32-per-cent growth compared with the year before. Total external trade figures for March, which were released by the Trade Development Board yesterday, hit
      516 words
    • Article, Illustration
      Lock icon Trade back on track
      51 22 Source: TDB Jan 89 Feb 89 Mar 89 Billion dollars In real terms (at 1985 prices Total trade 13.548 13.322 16.660 Exports 6.736 6.330 1 8.041 Domestic exports 4.791 4.302 5.464 08 1.749 1.48* 1.751 Non-oil 3.042 2.816 3.713 Re-exports 1.945 2.028 2.577 Imports 6.812 6.992
      Source: TDB  -  51 words
    • Article
      ADB head to quit in October
      256 22  -  By AL O LABITA Jr MASAO FUJIOKA, president of the Manila-based Asian Development Bank, yesterday announced he would resign from the 47-member bank on Oct 31 this year. He did not cite any reasons. Mr Fujioka will be 65 in October. Elected AOB president
      256 words
    • Article
      Lock icon Soviets call Central Committee session
      226 22 Reuter THE SOVIET Communist Party called a surprise meeting of its powerful Central Committee yesterday against a backdrop of deep nationalist unrest in Armenia and Georgia. Foreign ministry spokesman Gennady Gerasimov announced the meeting on Monday but gave no reason. It is the first full
      Reuter  -  226 words
    • Article
      Lock icon Seoul's surplus shrinks
      109 22 AFP SOUTH KOREA'S balance of payments surplus shrank 55.1 per cent from US$2.9 billion a year earlier to US$l.3 billion in the three months to March, the Bank of Korea said yesterday. It noted that the narrower surplus reflected sluggish exports, which grew only 8.1 per cent
      AFP  -  109 words
    • Article
      Lock icon 'Effect of China's curbs on capital investment limited'
      307 22 AFP CHINA'S efforts to restrict capital investment are having a limited effect as they do not include local and individual projects, a provincial economic planner was quoted as saying yesterday. Zhu Zhencheng, director of the Office for Economic Cooperation in central Henan
      AFP  -  307 words
    • Article, Illustration
      Splendid! PM Lee says after tour of Qing Dynasty exhibition
      347 22  -  By LILIAN ANG THE PRESIDENT did not come. But it was one of those rare occasions when Singapore's Cabinet ministers brought their families to the event. Amidst clicking cameras, flashing light-bulbs and strains from a Chinese string instrument, they strolled
      347 words
    • Article
      Sudomo due today for official visit
      157 22 INDONESIA'S Minister Coordinator for Political and Security Affairs, Admiral Sudomo, arrives today for a six-day official visit. His visit is the latest in an on-going series of ministerial trips designed to strengthen and consolidate bilateral relations between the two countries, said the Foreign Ministry.
      157 words
    • Article
      Lock icon Comex gold
      82 22 Reuter COMEX GOLD FUTURES backed off early yesterday on disappointment at the lack of pushthrough buying from Monday's snap rally which appeared to have been fuelled by shortcovering. June gold was down USSI.SO at U*****.50 an ounce with sellers satisfied at US$3BB.BO. Analysts said commission houses took profits
      Reuter  -  82 words
    • LATE FILE
      • Article
        Lock icon Double-digit HK inflation forecast
        51 22 Reuter LABOUR pressures and spiralling property prices are likely to posh up Hongkong's inflation to an average of 10 to 11 per cent this year, predicted Miron Mushkat, chief regional economist with Barings Securities, yesterday. He called the government's forecast of 8.5 per cent "unduly optimistic".
        Reuter  -  51 words
      • Article
        Lock icon Jakarta to tackle labour issues
        47 22 Bernama THE promotion and equity of employment, training, working conditions and environment are four major labour issues which have to be urgently handled by the Indonesian government during the current fifth five-year development programme (Repelita V). Manpower Ministry secretary-general Darwanto said yesterday.
        Bernama  -  47 words
      • Article
        Lock icon M'sian TV project approved
        53 22 Bernama THE Malaysian Information Ministry has approved in principle a Msso-million project to upgrade the quality of television and radio programmes in the country. To be undertaken by Transponder Services Sdn Bhd, it will involve the implementation of a TVRO system (TV receive only) and radio
        Bernama  -  53 words
      • Article
        Lock icon Airlines threaten boycott of Italy
        45 22 Reuter FOREIGN airlines are threatening to boycott Italy and divert flights to airports such as the French Mediterranean city of Marseille unless strikes that have disrupted air travel for nearly two years stop. Transport Minister Giorgio Santuz said yesterday. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Coalition backs German tax plan
        35 22 Reuter WEST GERMANY'S three-par-ty ruling coalition is becking plans by Finance Minister Theo Waigel to abolish the controversial withholding tax on investment earnings, a senior coalition politician said yesterday. Reuter
        Reuter  -  35 words
  • Page 17 Advertisements
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      490 17 CURRENCY INVESTMENT MU RK I XPKI ss H \\K TEL: 321 3333 IS Keppel Corporation limited (I ncorporated in the Republic of Singapcxe) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 21st Annual General Meeting of the Company will be held at the Company's Registered Office, Keppel
      490 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      37 17 by Martell ££'MW'6 A3oO>rr?& //£W '7VP/\>M£# v£-CAMr<OiVivA&cvr sr"r*z 7VP4*&*er/ \-T'm\t\ Moae&sr/?Ac»jc.o.\ fuxe r £*0/AooorA 3c/r*/ov arc? A/trtv-Z 7Z> AU- -W CAT-&Ai'&*&P0O&- j-wpp /r&r £X£Zs AA?orA A&U/ £f£&AU*/ 7& S*XXfirr7*x>£>../ l ®s tfwh cs/ttVzw/irK-v, aor/r m\ %> e>f N
      37 words
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      502 20 NOTICES mi £4l cTT3c CAP. 50 AND IN THE MATTER OF INDUSTRIAL COMMERCIAL FINANCE LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb» At an Extraordinary General Meeting of the Company held at 1 Bonham Street, UOB Building, 6th Storey, Raffles Place, Singapore 0104 on 22
      502 words
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      Page 20 Advertisements Column 2
      71 20 PRESUMED INNOCENT 4 Who killed Carolyn... whose Ixxlv was found nude and bound in her fashionable apartment?... Was it rajx 1 and murder or a premeditated crime?... From page one. the lx)ok consciously transcends the murder mystery genre, combining whodunit suspense with an elegant style and philosophical voice* The New
      71 words
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      Page 20 Advertisements Column 3
      15 20 The Australian and Naw Zaaland markets Managers must manage. BT shows you how every Monday.
      15 words
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      Page 21 Advertisements Column 1
      609 21 (Incorporated in the Republic of Singapore) Notice to all Warrantholders of Keppel Corporation Limited Keppel Investment Limited 5575,000,000 4% Guaranteed Bonds due 1991 with warrants ("Warrants') to purchase 75,000,000 stock units of Straits Steamship Company Limited from Keppel Corporation Limited On 7April 1989, Straits Steamship Company Limited ("Straits Steamship") announced
      609 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      211 22 V <£a: v Mm "-V: .v. vWHY START AT THE BOTTOM WHEN YOU CAN START AT THE 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.
      211 words
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      Page 22 Advertisements Column 2
      15 22 WORLD WALKS A mm tf mmmm HI. ikivi l» 4 1 fli ♦jiv,. >: o R
      15 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Argonaut board approves sale
        82 23 International Transport Journal BOARD MEMBERS of Argonaut Line Inc, the parent company of Farell Lines, have approved the sale of the two companies to Lykes, according to a report from New York. So far, only American President Lines Ltd supports the application pending before the US
        International Transport Journal  -  82 words
      • Article
        Lock icon Indonesia frees Chinese vessels
        54 23 AFP INDONESIAN POLICE have released four Chinese vessels three days after impounding them off northern Sumatra, the official Antara news agency reported yesterday. The vessels and their crew of 109 were detained last Thursday for entering Indonesian waters illegally, a police spokesman in Aceh province was
        AFP  -  54 words
      • Article
        Lock icon Grounded carrier refloated
        34 23 Reuter THE 92,828-DWT Antwerp-bound Chinese bulk carrier Jin Tian Hai was refloated last Sunday, a day after running aground off Flushing in the Netherlands, Lloyds Shipping Intelligence reported on Monday. Reuter
        Reuter  -  34 words
      • Article
        Lock icon Quick profit for B&H Carriers
        80 23 Seatrade Week B&H CARRIERS is to sell two bulk carriers that it has owned for only a year for a quick 100 per cent profit. The 26,800-dwt Isla, bought in 1987 for US$4.4 million and the 24,000-dwt Ima, bought in 1988 for US$4.l million, will
        Seatrade Week  -  80 words
      • Article
        Lock icon Seized Iranian tanker released
        67 23 Reuter THE 26,651-DWT Iranian tanker Mokran, which had been seized by the Suez Canal Authority for unpaid dues, was released last Saturday and entered the canal on Monday bound for Aliaga, Western Turkey, Lloyd's Shipping Intelligence reported. The dues were levied for pilotage, towing. shifting to
        Reuter  -  67 words
      • Article
        Lock icon Manila completes rice talks
        58 23 AFP THE PHILIPPINES has wrapped up talks with Thailand to import 50,000 tonnes of rice as part of a buffer stock to offset higher prices in coming months. The National Food Authority in Manila said yesterday that a four-man team recently returned from Thailand after securing
        AFP  -  58 words
    • Article
      Lock icon Strike in Rotterdam amid deadlocked talks
      206 23 Reuter WORK at Rotterdam's two«main grain handling terminals stopped on Monday as talks between workers and employers on pay and work conditions halted with both sides refusing to compromise, GEM managing director Dick Buhrmann said. Workers stopped unloading the five large ships moored at
      Reuter  -  206 words
    • Article
      Index to advertisers
      893 23 A8 Shpg VN ABBS l.ne XII ABC ContameH>n« XI Accord Shpg VIII AfS XIII Ahrenkiel liner XII AC Toepler XIII American Tpt XII Arrow line* XI Assoc Corrioge XIM AM III APC line VH API V ASCI V Atlas line XIII Bolt-Canada line IX Bolt Orient line
      893 words
    • Article
      ScanDutch in container freight station venture with Bangkok company
      273 23 SCANDUTCH and Bangkokbased United Asia Company joined hands to open an off-dock container freight station (CFS) in Bangkok earlier this month. This new station is the first export godown in the port of Bangkok and is able to handle about 600
      273 words
    • Article
      FIATA to hold 1991 world congress in S'pore
      328 23  -  By RAHITA ELIAS THE INTERNATIONAL Freight Forwarders' Association (FIATA) has chosen Singapore as the venue for its world congress in 1991. The event, to be held from Oct 4 to 10 at the Raffles City Convention Centre, will be attended by about
      328 words
    • Article, Illustration
      Bright future forecast for P Klang
      430 23  -  Port expected to handle a million TEUs by year 2000 By G DURAIRAJ CONTAINER SHIPPING LINES will find Port Klang an attractive alternative in the region for direct calls by the end of the next decade. According to the general manager of the Klang
      430 words
    • Article
      APL starts new service to two Chinese ports
      292 23 AMERICAN PRESIDENT LINES (APL) has introduced a regular weekly service for containerised cargo to and from Chinese ports this month. For the first time, APL will be making direct calls to China at Whampoa and Chi Wan. The service is a result
      292 words
    • Article, Illustration
      Agreement on slashing Australian crew numbers
      633 24  -  Broad-based task force cautious on opening up coastal shipping By JOHN SPIERS AUSTRALIAN SHIP CREWS will be slashed to less than half the previous levels under plans agreed upon by a task force of importers, exporters, shipowners and maritime unions. However, the task force
      633 words
    • Article, Illustration
      Record year for Antwerp port
      440 24 -4» ANTWCBP. Belgium's leading port, turne<£in a record performance last year. Boii-shipping and goods traffic broke records, with total gross tonnage- increasing to 135.4 million gross registered tonnes (grt). This is a Fise of 4 per cent over 1987. The actual number of ships calling
      440 words
    • Article
      Consortia
      162 24 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits port9fsvstralia. Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptyie Orient Lines Orient*6verseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line AustMfte/Straits Container Line Djakarta Lloyd Nedlloyd Lines Neptune
      162 words
    • Article
      Government support urged tor Philippine container yards
      556 24  -  By AL O LABITA JR THE PHILIPPINE container yard industry can become another dollar earner if the government gives it the needed support. This backing should include certain incentives currently available to foreign shipping lines, the Container Yard Association of the Philippines (CYAP)
      556 words
    • Article
      Shipping events
      362 24 April 22-28 International Association of Ports and Harbours conference, Miami. Details: Port of Miami-lAPH, 1015 North America, Miami, Florida. April 25-27 Marine cargo liabilities, practical maritime studies seminar, Ramada Hotel, 10 Berners St, London Wl. May 2 Shore testing of Type 23 propulsion plant, technical meeting, 1730 hrs,
      362 words
    • Article
      Who acts for whom ...
      2252 24 Who acts for whom A —B AB Shipping Boustead Shpg Agencies (S) ABBS Lin* SMS Pte Lid (S)/Tunas Setia (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepler Oceanus Shipping Agency (S)/Multiport Sdn Bhd (PK)
      2,252 words
    • Article
      Lock icon Alaskan oil spill hasn't dented earnings, says Exxon
      338 25 AP EXXON CORP's profit fell 13 per cent in the first quarter due largely to one-time expenses, but Alaskan oil-spill costs had only a negligible impact, the biggest petroleum company of the US disclosed on Monday. For the three months ended March
      AP  -  338 words
    • Article
      London Freights
      1055 25 Soviet charterers are reported on Monday to have extended the time-charter on two vessels and fixed at least a further two, brokers said. They re-booked both the Seaboni of 52,225 tonnes dw and the Kapetan Yannis of 65,077 tonnes dw for further trans-Atlantic voyages at US$l5,OOO and $12,200
      1,055 words
    • Article
      SHIPPING LIST where your ships are due... and when
      10411 32 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      10,411 words
    • Article
      SHIPS IN PORT
      1342 36 AT CONVENTIONAL WHARVES Pengada J2 26 04/0900 2604/1700 Pulau Jowa J3 2604/1900 2804/0700 Vessel Berth Arrival Departure Pacific Timur Sumber Moiu J8 26 04,0800 Jl 1 26 04/0800 27 04/1800 27 04/2300 KEPPEL WHARVES Sriwijaya J6 2604/2000 28 04/0600 Blue Oceon 1 KI5 alongside 28 04/1500 Xi
      1,342 words
    • Article
      Lock icon Banker joins chorus of doomsayers over glut
      621 36 The Journal of Commerce A NEW BOUT of overcapacity will mean grimmer times and some casualties ahead for container ship lines, particularly in the Pacific, warns J M Gray, an executive director with the Hongkong Shanghai Banking Corp in Hongkong. However, a top
      The Journal of Commerce  -  621 words
    • Article
      Lock icon Papua New Guinea lifts ban on port calls by Soviet ships
      132 36 AFP PAPUA NEW GUINEA has lifted a 10-year ban on port calls by Soviet ships to pave the way for the opening of diplomatic relations between the two countries, Foreign Minister Michael Somare said in Port Moresby. The ban
      AFP  -  132 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      9 23 •fwM H' 4 1 GIE TIMES STP Distributors s§ss
      9 words
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      Page 23 Advertisements Column 2
      17 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 23 Advertisements Column 3
      458 23 TIMES STP Distributors REQUIRED READING SINGAPORE BUSINESS YEARBOOK 1989 is a must read for corporate executives, managers, entrepreneurs, professionals, young, aspiring executives, and investors who need to keep their fingertips on the pulse of the Singapore business scene. ASEAN ECONOMIC SURVEY Challenges Facing Asean Any slow down in the United
      458 words
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      Page 23 Advertisements Column 4
      146 23 T i Aussie crews to be slashed AUSTRALIAN SHIP CREWS will be slashed to less than hall the previous levels under plans agreed upon by a task force of importers, exporters, shipowners and maritime unions. PAGE II Exxon profits survive spill EXXON CORP's profit tell 13 per cent in the
      146 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      772 25 JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 06 Southpoml. Sinppou 0201 r« *****11 TiliX NO RS 241/9 TERMINAI/CES TH *****11 220 BOOKINGS fet 0T02J4 234 PESAKA JAROINE SHIPPING AGENCIES SON. M(0 TOUT KEIANG (El 3U4111 («<•■ No MA3J4/7ftlA3B/01 WNANG TEL *****4 TELEX NO MA4OQ7I CES If I J«9W PGUOANG TEL.
      772 words
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      Page 25 Advertisements Column 2
      1229 25 -#|MAERSK LINE CTA CTO DESTINATIONS This wMk Mar it M Ckwing Tim* CY 1/5 2300 MRS CFS 1/5 1300 MRS MARIT M MARCHEN M LEISE M LOUIS M MARGRETHE M LARS M LAURA M REGINA M 2/5 3/5 9/5 10/5 16/5 17/5 23/5 24/5 30/5 31/5 6/6 7/6 13/6 14/6
      1,229 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      558 26 M. age M. u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENCAIRN LONDON EXPRESS HAMBURG EXPRESS LA SEINE BENALDER BENAVON NIPPONCA OSAKA BAY ALSO ACCEPTIN6 CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO,
      558 words
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      Page 26 Advertisements Column 2
      354 26 V r o COLUMBUS LINE REEDERE! GMBH (a SERVICE Of HamBURG-SUD) E*P9£SS StPVXE K NORTHBOUND TO UKC S PORE RDM/A DAM HBG MULL (U.K.) TAMAITAI SAMOA V-15N 27/4 24/5 21/5 12/6 FORTHBANK V24N 17/5 15/6 19/6 22/6 IVYBANK V-24N 12/6 11/7 15/7 11/7 'Alto Accaptinf FCL to AnhNrp/Bramwi/FaiiutoiM/SouthMipton/MfMVMtMnburi s a
      354 words
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      Page 26 Advertisements Column 3
      911 26 SHIPPING I i, Wednesday, April 26, 1989 3/W L J.U ML REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE SIM w WOENSORECHT V 8906-3 24/5 2S/4 27/4 23/5 2 NORASIA MUBARAK VWO7-3 2/5 3/5 5/5 30/5 NORASIA AL-MANSOORAH VB9OB-3 9/5 10/5 12 5 5/6 JAPAN SEA 8909-3 16/5 17/5 11/5 13/6
      911 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1271 27 Steamers Maritime Holdings Ltd W* p&0 l^Vront Containers CONTAINER SERVICE TO UK CONTINENT PEGASUS PHOGRESS VMM PEGASUS PtONEER V29N STRAITS SHIPPING 1 Wi SPORE B'KOU 30-01 May 03-05 Ma, 03-M May 06-07 Hay BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 1 iFf.VLI IlFf.m./.TIW-l: I '1:1 :Ul; I a Also Accepting
      1,271 words
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      Page 27 Advertisements Column 2
      806 27 YANG LINE tEPEH EXPRESS INDEPENDENT FAR EAST <UUT CONTAINERISED SERVICE Alio accaptinf for Inland UK destinations Antwerp and Sundwivun port* FIOTA MERCANTE GRANCOLOMBIANA S A Ufe Im MJiAMMtJTtMtKHIUN ;OMi>ANit ANONIMA VtNt/OIANA OE NAVEGACIONI NATIONAL LINE Of VENEZUELA) To Buenaventura/Barranquilla/Sarrta Marta/Cartagena/ Cristobal/Santo Domingo/Port Au Prince Pto Quetzal/ Acajutia/San Lorenzo/Connto/Pto Caldera To:
      806 words
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      Page 27 Advertisements Column 3
      112 27 r *1 EAST MALAYSIA SNIPPING ENTJPTE) LTD 41-A AHOY STREET, SPORE 0106. TEL: 222*31* (4 LIMES) TELEX NO. EMVES R*****9 SINGAPORE TO SARAWAK BRUNEI VESSEL VOY ETA ETD SRI LIKU m MIRI/K. BELAIT 26/4 27/4 Racatvtng cargo at M 2 (PSA Ibnna Wharf) from Monday to Saturday (MARINA WHARF OFFICE
      112 words
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      Page 27 Advertisements Column 4
      350 27 Hai Sun Hup Co (Pte) Lt TEL *****06 (20 Llnet) TLX RSZ2O6I RS2O6;'2 fc. I. \stm;\ \i; i.iM-.i; CTUITS/ JAPAN/ STMITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN t CHINESE PORTS, SUBJECT INDUCEMENT IML LINTERMARITIME SOUTHERN AFRICA SERVICE KK SPORE PK DBN CT
      350 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      532 28 IHSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINKS iULLi.:..iJ3S IRAN ME LAO PJLC9I Singapore Loading for:In Port BANDAR ABBAS KYOWA LINE J.ThijCl J-■? -VAl± MOTHER VSL KYOWA HIBISCUS V .30 KYOWA VIOLET V 25 HK LOAD FOR: 5/5 VILA. NMA. LTK. SUVA. PAGO. APIA 20/5 GUAM. SAIPAN.
      532 words
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      Page 28 Advertisements Column 2
      728 28 HANJIN SHIPPING CO., LTD. I y -EftVt i "0 EUROPE VIA SUEZ S'p* HANJIN IE MAVRt 001W 29/4 QUEEN S WAY BRIOCE WW 6/5 CHOYANG PARK 02W 13/5 HANJIN OAKLANO 002W 20/5 LeHavre R'dan H'tarf 8 haven F*m 17/5 11/5 15/5 21/5 22/5 24/5 25/5 26/5 21/5 29/5 11/5 1/6
      728 words
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      Page 28 Advertisements Column 3
      233 28 INTEROCEAN LINE 7®, 2nd Floor, Jolon 1/71, Tomon Tun Or. lornoN, MOOO KL. Tol: 71W754, ***** M, 71C71M TLX. NO. MA-37W3 FAX: 03-7imil P.o.r>g Oft Tol: MOOT. 3*0402 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR SYO. MELB. AOE. BRIS. FREM LE HVE, HBG. BREMEN. R DAM. GENOA, ANTWERP. UK
      233 words
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      Page 28 Advertisements Column 4
      738 28 Ira EVERGREEN 6r. Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) Ui PT. US WEST COAST FEEDER VSL SGP EVER GENTRY 111 I EVER GENTRY M I EVER GENTRY 111 I EVER GATHER OM EVER GATHER EVER GATHER Mft EVER GOVERN NO EVER GOVERN M EVER GOVERN UN ALSO ACCEPTING
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      874 29 a \SM CONTAINER SERVICES [FAR EAST ACCEPTING MURUR AN/TOMAKOMAI/HITACHI CARGO VIA HKO [JAKARTA BANGKOK KOTA MAWAR 2! SIRI BHUM M MRU BHUM > HA! MUt X PITA BHUM ll I XINGANG VESSEL VOY SIN SEA DRAGON 15NB J/5 SEA DRAGON 17NB 1/0 QINGDAO VESSEL SMO OCEAN SMO OCEAN CONVENTIONAL/SEMI-CONTAINER SERVICES
      874 words
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      Page 29 Advertisements Column 2
      200 29 BEN LINE COETAIEERS TASMAN ASIA SHIPPING SIN MAIN LINE (TS) HKG NOUMtA SUVA AKL NAP TIM 29/4 TA NAVI6ATO# ttS 5,5 2/6 5/6 Hi 13/6 1 J/5 TA EXPLORER IS »5 15* 1» 2W W 20*5 TA MARINER IS 5* 2/7 5/7 9/7 13/7 MAIN LINE AKL NAP TIM TGA
      200 words
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      Page 29 Advertisements Column 3
      408 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURJ LLOYD P.T. SAMUDERA IHDONESIA P.T. TRIKORA LLOYD r EXPRESS SEMI CONTAINERSNIP SERVICES 1 VSL/VOr SPORE ANTWERP H'BURG/ R DAM/AO AM BREMEN KUTAI/17WB 10-13/6 13/7 IS/7 S. PANJANG/22 WB 19-22 6 21/7 5/7 Sutojad to Inducement Atoo accepting cargo to
      408 words
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      Page 29 Advertisements Column 4
      354 29 BOUSTEAD SHIPPING AGENCIES PA-AN Vl37* PAGAN VI4IN MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok via Apr 4/5 May i BANK UNE NORTHBOUND TO UKC SPORE RDAM HMBG HULL TAMATAI SAMOA VISN 27/4 24/5 21/5 12/ C FORTHBANK V24N 17/5 15* 1* 22/6 IVYBANK
      354 words
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      Page 30 Advertisements Column 1
      859 30 OOCL FORTUNE AMBASSADOR BRIOCE NEPTUNE GARNET OOCL FAIR Kline KAWASAKI KI SI N KAISHA. I ID. m "<wacH lexport OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET »\QA FEIOCR tBEDER VESSEL OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR SGP 'PK/PNG *INDO 27/4 29/4 30/4 4/5 6/5 7/5 11/5 13/5 14/5 AMIRICA
      859 words
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      Page 30 Advertisements Column 2
      584 30 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contalnars S<n|4port P Kalang Panan| loading lar. Uothef Vsl By feador By feeder V 42 11 May 5 May 5 Ma, frwn UtoUwSydn Wtt v.41 1 Juno May K May frt«n/Mefcrt»d«VAdel V 43 6 July 31 June 31 June Fr«n«lMb/Sydn/AM V 42 2> July
      584 words
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      Page 30 Advertisements Column 3
      314 30 IN THE DARK. ABOUT YOUR SHIPMENT TO THE FAR EAST. LET US SHOW YOU THE WAY OUR GUARANTEED CONSOL NOW LOADING FOR... HONG KONG KEELUNG BUSAN YOKOHAMA TOKYO ETA 29/4 ETA 30/4 ETA 27/4 ETA 27/4 ETA 27/4 BOOK NOW! CALL CUSTOMER SERVICE AT *****11 (12 lines) *****55 (12 lines)
      314 words
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      Page 30 Advertisements Column 4
      648 30 m PHILI-ORIENT LINES PTE LTD HFAD OFFICE 63 ROBINSON! ROAD .•••07-12 AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHIL! FAX *****76 VESSEL TBN EAST/FAR ■m i ll «IK I ETA SINGAPORE I DESTINATION DUBAI. DANRUN, KUWAIT, DONA, MUSCAT, BAHRAIN ABU DM All I SMARJAM H.KONG. KOBE TOKYO WILLING. KAOHSIUNG,
      648 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      819 31 SHIPPING TIMES, Wednesday, April 26, 1989 NWIINI SON OHO EXPORT FEEDER VSL N Ivory 12N N. Emerald 08 N N. Ivory 13N N. Emerald 09N MOTHER VSL N. Amber 4E 0. Executive 87E Y Maru 10E O. Educator 71E LGB OAK CHI 20/5 23/5 24/5 27/5 30/5 31/5 3/6 6/6
      819 words
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      Page 31 Advertisements Column 2
      211 31 H-EA JE CONTAINER LINE TEL: *****59 FAX 224G363 3/5 MANILA 3/5 BUSAH i/5 TOKYO $5 KOBE 3/5 NAGOYA 4/5 YOKOHAMA JAKARTA 30,4* 2/5 2/5* *5 s: s 36/4 ft 5/5 3/4 ft 4/5 KARACHI CALCUTTA CHITTAGONC EEsßKifl .v>' *a£ FELIXSTOWE HAMBURG ROTTERDAM NOW LOADING 30/4 ft 12/5 30/4 12/5 »|l|M
      211 words
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      Page 31 Advertisements Column 3
      359 31 •7 C*T*IAM I'Wlllfl.UllliiJ w Korean Flag Vessels r Ai NE 3: s•: :'"tc* Stfv^ci p£%ANu •<££»UNu SOS 4*' Vmml'i Nam* ETD BS SPORE PKLC «E USA* MOJI NO I DON AM/304 N 11*4 2MB* 82-Bl* 11-11*5 14-IMB IS* #ORAGMET*4N 22* 02-B3* 04-05* l»-«* I*s NO J DONAM/W4N SVO4 1113* 14-15*
      359 words
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      Page 31 Advertisements Column 4
      904 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Markot Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2SIOB PfMANC P* RIIMS ■SiU TMfIMC BttWIIII! 117 Hmm SfcaaL Nw. MfS HANOLINC SYSTEM CO SON BH© PASTR
      904 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      328 32 STTT?TT3i^T*?!Ti33n3 CORPORATION (PTE.) LTD. 1(1 IPt MtiH |14 lwe»| FAX 2J r iM:W/224H!J/fi ItUX HS 293 M A/ll SSCMA. US 2'HH') A/H SSCAI) DSR-LMES ■:nACH" a INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ICA ANT a CMTEWOML 409 ClSEimi BT3 E!S ES ET3 E9E9
      328 words
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      Page 32 Advertisements Column 2
      90 32 t.sk. lime MEKIY CONTAINEfIISEO SERVICE f|XEO o** ARRIVAw TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. HAKUSAN U V 5 ETA SIN 4/f/M SPORE I KAOSHIUNC KEELUNG TOKYO SHIMIZU NAGOYA KOBE 4 DAYS 5 DAYS I DAYS 9 DAYS 10 DAYS II DAYS EXPORTS TO SURABAYA TSKLINE AGENCIES
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      155 32 V: Regional Weather i <■ ■4 Ki K a iV, ft* It m e*l SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJt April 26, INS C yA a Wrxj draction with tpoad n knot* LEGEND 0 TwiplfOlUN C y^V. rv>o Weartw Wnd draction with soeed n knot* Ram Wave height
      155 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      742 33 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 4> cn a n iIJ mil ojjjj j —iJI «i ikl —i yJj Algerian National Line FAR EAST I MEDITERRANEAN SERVICE S PORE LOADING FOR MV KSAR CHELLALA 15/5 s. KOREA, japan ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE
      742 words
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      Page 33 Advertisements Column 2
      218 33 rgr RICHFIEIO MARINE AGENCIES (S| PTE LTO fcS riL 22)01 35 (10 FAX 22VIH TELCX RS ***** «ISH(P tJ un«» BP! 3T> vn m +rr +rt> CALCUTTA/KARACHI/CHTGONG/CBO REGULAR CONVENTIONAL LINER SERVICE VMM) hum Sum Loading For FONTUNt FREIOHTfft VPI I|/t CALCUTTA/CHTQONQ TRANSMCTAL VP7 1M KARACHI kK PAKISTAN NATIONAL SHIPPING CORP.,
      218 words
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      Page 33 Advertisements Column 3
      711 33 SIGMA EXPRESS |S) PTE LTD TEL *****44 FAX *****75 ACCEPTING CARGOES FOR: COLOMBO 29/4 HONGK° NG 29/4 BUSAN 27/4 TOKYO 28/4 KEELUNG 28/4 MUARA/LABUAN/KK 29/4 KUCHING/SIBU 29/4 BANGKOK 29/4 KOBE/NAGOYA 28/4 YOKOHAMA 28/4 BOMBAY 5/5 LE HAVRE/HAMBURG 30/4 FELIXSTOWE/R'DAM 30/4 KAOSHIUNG 28/4 FREMANTLE 3/5 SYDNEY/MELBOURNE 4/5 ENQUIRIES ACCEPTED FOR OTHER
      711 words
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      Page 33 Advertisements Column 4
      208 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE ifi 11/5 14/5 7/5 12/5 I*s 1/5 11/5 11/5 18/5 20/5 26/5 29/5 21/5 26/5 VIETNAM RO/RO LO/LO SERVICE VESSEL I JESfERSEI 21 J/5 1/5 I YMINENI *27*» 17/5 21/1 FULL CONTAINER SERVICE (ADEN/MUKELLA) fttif l NT M M Utl HRELU
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      Page 33 Advertisements Column 5
      103 33 vjp >FARGO SHIPPING W Tel:Ss4 QISS REGULAR EXPRESS FCL LCL SERVICE ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND V* BRUSSCI JM I I*s I 27/5 I I* C. VEROUK 225 I U/» 17* ANT«»PIN 221 TNT arms a 12 DATS TO MELBOURNE! TUT EXPRESS 221 I*7 VS. nussa 224 C. VEROUK
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      Page 34 Advertisements Column 1
      250 34 FORWARDING— M forvxocding <s a roerrtxx d M «-P/SPf DAG gwup at compcrnoi REGULAR LCL/FCL SERVICES TO: ANTWERP BASEL HAMBURG ROTTERDAM 29/4, 6/5 30/4, 6/5 29/4, 6/5 29/4, 6/5 Also accepting booking* for other European ports on Conference and Non-conference Sailings. 151 Chin Swee Rd #03-15, Manhattan Housa, S'por* 0316
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      Page 34 Advertisements Column 2
      416 34 OCEfWSERUICE LCL/FCL SERVICE TO/FROM 1 operates ow 600 terminals/offices in U.S.A. maintains over 35,000 tractors ft trucks, sawas ovar 60,000 points in U.S.A. offars reliable LCL/FCL services. General Agents: SINGAPORE SISmSST 778 6522 (22 LINES) 02-2*213 Jakarta Contact: Elaine Teo, Esther Yap. 21 *****4 transintra shipping (Singapore) private limited X
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      Page 34 Advertisements Column 3
      275 34 w PERINTIS LINE W6EKLV CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA General Agents: ASIA PERINTIS LINES PTE LTO 80 Anson Road #25-04 IBM Towers Singapore 0206 Tel: *****33 Tlx: ***** A/B PTASIA FAX: *****53 CR NO. **********0 C ahrenkiel liner service CONTAINER a ICL SERVICE TO
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      Page 35 Advertisements Column 1
      681 35 1T" r ft Everett LinesT COMPANIA PERUANA \isKl 0£ VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS' WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P. Kelang* Singapore HUGHEVERETT 6/8 *ay MANOLOEVERETT 21/23 May ROSEEVERETT 5/7 Jun ORIENT
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      Page 35 Advertisements Column 2
      344 35 Z I M FULL CONTAINER SERVICE KC**in« FCL/LCL urgOM to USA Ewt 8 »o*t Cowt CarrlBfeam.Eaat C«u*. HAITI, tab Riu. El Salvador. GualamaU. Hondura*. Vononwta. hru. Ecuador. Colombia via Miami. Trinidad, lartadoo. Antigua. St. Lucia. MontMrrat. Guayana via Kingaton M II II ill 11 tM' 1 ■liß 1 1 ill
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      Page 35 Advertisements Column 3
      726 35 TTT 9tm9MQ IMNWOMTAIION (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL JENHOL A VESSEL JAKARTA I SURABAYA 2/5 30/4 DESTINATIONS ETA SINGAPORE PORT KELANG 1 MAY MANILA 30 APR HONG KONG, ALL CHINA PORTS 29 APR KEELUNG. KAOHSIUNG 29 APR BUSAN 27 APR TOKYO, KOBE 2 MAY CHITTAGONG 1 MAY DUBAI 1
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      Page 35 Advertisements Column 4
      371 35 H i i FL SHIPPING PTE LTD FINE-LINER SHIPPING PTE LTI) ;0 SMENTON WAY ttO* 0?C MARINA HOUSE S PORE 0707 TLX RS ??M1 FLINER EAX 2?s2BSfc TEL: *****77 (12 LINES) (Parted China Ocaan Shipping Unas) CHINA SERVICES Daainatlona: FROM PORT KELANG/SINGAPORE SM ANT Oil, HMBWB SHANGHAI ft OTHER PORTS
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      Page 35 Advertisements Column 5
      386 35 PTC CONTAINER LINES FCL ICI SERVICE SIM fm east 30/4 KEELUNG/KAOHSIUNG 29/4 BANGKOK 30/4 MANILA 29/4 JAKARTA 29/4 PORT KELANG/PENANG 1/5 BUSAN 5/5 TOKYO/YOKO/KOBE 29/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ SIN EUROPE/UK 30/4 RDM/HAM/ANT/LE HAVRE/GENOA 30/4 LDN/FLX/LVP/SOll SIN USA/CAMABA 28/4 L.A./NYC/SFO 28/4 VANCOUVER/TORONTO/MONTREAL Alll '.'l'Ti'UfiJ'r 30/4 SYD/MELB/ADEL/FREM 30/4
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      Page 36 Advertisements Column 1
      109 36 j ROCO CARRIERS I NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting .FCL containers (GP and reefer) and breakbulk cargo for both north and southbound. Heavylift capacity upto 60 tons. Vessel S'pore Penang T'ville Loading For "ANKE" VISB 27-28/4 Sailed 12/5 Townsville, Port Moresby, Lae "ANKE" V2SB 24-25/5 21-22/5 10/6
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      796 36 "y" P<S ships nen/ =r-iTSjra Hapag-Lloyd plans to increase capacity by 60pc Nediioyd I®w container ships New orders by shipping lines have been hitting the headlines i .■> 99 Hv e w MitsciOSK. Lines. JLld FULL CONTAINER UK/CONTINENT (TRIO) LONOON umss NAMUK EXPRESS run riWM| S'ton H'kvf Inn r*a L»
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