The Business Times, 28 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 FRIDAY, APRIL 28, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    250 1 Dow up US SHARE prices were firmer early yesterday as fu-tures-related buying pushed blue chips higher, though the broad market showed a less pronounced gain. > The Dow 30 was up 21 at 2,411 crossing over the psychological resistance of 2,400 but gainers held only a three-to-two
    250 words
  • Article, Illustration
    Tokyo still in record territory
    221 1 THE TOKYO MARKET continued to climb in record territory yesterday as Singapore and Australia also posted gains. Singapore's Straits Times Industrials Index edged up 2.86 points to close at 1,253.17, while the Business Times Composite Index gained 2.47 points to 1,140.24. Turnover rose to 93.39
    221 words
  • Article
    Early dollar rally fizzles out
    120 1 THE US DOLLAR rallied against major currencies in Asia's foreign exchanges early yesterday on active institutional buying but fell back on late profit-taking. Dealers said nervousness increased on a rumour that the Bank of Japan was checking rates at around 132.20 yen. But the tone
    120 words
  • Article
    Hitachi makes Singapore its Asian nerve centre
    498 1  -  COMPANY APPLIES FOR OHQ STATUS By JOCELYN TOH JAPANESE multinational Hitachi has restructured its operations in Asia, resulting in Singapore becoming its nerve centre for the Asian region. In a move symbolising the enhanced role it has assigned to Singapore, Hitachi has leased
    498 words
  • Article
    Telecom reaching out to new technology and business
    325 1  -  By SANGEETA MULCHAND SINGAPORE TELECOM is going global. The next five years will see the cash-flush statutory board seeking out and investing in new venture technology companies as well as looking for new business opportunities and challenges. These will ensure long-term growth
    325 words
  • Article
    Lock icon Ex-PAS leader to join Umno
    104 1 Bernama FORMER PAS vice-presi-dent Haji Nakhaie Ahmad yesterday announced his decision to join Umno. Five of his followers, all former student leaders, have also expressed their intention to join the party. They are Universiti Pertanian Malaysia (UPM) lecturer Fuad Haji Zarkashi, UPM tutor Zulkifii Ahmad.
    Bernama  -  104 words
  • Article
    Lock icon Minorco gains control of Consolidated Gold Fields
    467 1 NYT MINORCO SA, the overseas investment arm of the An-glo-American and De Beers group of South Africa, claimed victory on Wednesday in its long-running battle for control of Consolidated Gold Fields pic, with the mining group saying it had gained control of a
    NYT  -  467 words
  • Article
    Lock icon Matsushita founder dies of pneumonia
    223 1 Reuter KONOSUKE Matsushita, founder of Matsushita Electric Industrial Company, died yesterday of pneumonia, the company said. He was 94. Matsushita Company, the world's biggest maker of consumer electronics, manufactures a wide range of products under the National and Panasonic labels. Mr Matsushita died at the
    Reuter  -  223 words
  • Article
    Lock icon Japan may raise interest rates
    169 1 Reuter JAPAN signalled yesterday that it was inclined to raise interest rates to fight inflation. Bank of Japan Governor Satoshi Sumita told a news conference that Japanese prices are now stable. This is a sign that Mr Sumita is concerned with Japan's inflation outlook and
    Reuter  -  169 words
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      Page 1 Advertisements Column 1
      74 1 Wedding Package $220.00 nett per table FREE Flow of Stout, Beef, Soft Drinks etc (Min. 10 Tables) IT'S STILL YOU AND YOUR CROCODILE ••'nPUT ON A CROCODILE WEAR A LECEND AVAILABLE AT CEffTREPOINT 002-35 MARINA SQL'ARE 003-123* riSMA ATRIA 901-CO OUBCENTRE *>1-08 PARKWAYPARADE 001-71 CiOLDHILL SQL'ARE 001 -CO EVNAN CENTRE
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      Page 1 Advertisements Column 2
      229 1 Full report, PAGE 18 Regional mkts, PAGE 20 World mkts, PAGE 21 Sao? mm Editorial Comment: ,12 Takeshita's resignation 7 Helping youth to help themselves 'No adverse effect on market' The Singapore worker 12 Recruit investigation 11 Staying on top Political heads set to roll US-Japan trade 13 Animals 14
      229 words
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      Page 1 Advertisements Column 3
      160 1 FOCUS, PAGE 10 a BT special supplement JUST HOW FAR has Singapore come in the world of finance? What more needs to be done? Who should do it? Four leading bankers offer their thoughts on these questions in BT's Banking and Finance Supplement next Thursday. Also: What lies ahead in
      160 words
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      Page 1 Advertisements Column 4
      153 1 n C V r I MiGs and room service? IF HO CHI MINH were around to peer down from his PVC perch in proletariat paradise today, would he be smiling, or weeping and gnashing his teeth? Or would he mosey alongside that group of European tourists at the hotel bar
      153 words
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  • HOME NEWS
    • Article, Illustration
      Industry associations to spearhead productivity improvement: Mah
      366 2  -  By JAYARAM MENON INDUSTRY associations are expected to spearhead the drive towards raising productivity levels in certain industries, said National Productivity Board chairman, Mr Mah Bow Tan, yesterday. Mr Mah, who is also Minister of State for Trade and Industry, said the shift
      366 words
    • Article
      Last seven Tanjong Pagar shophouses up for sale
      201 2 THE LAST SEVEN shophouses in the Tanjong Pagar Conservation Area have been put up for sale. An announcement by the Urban Redevelopment Authority (URA) yesterday said the properties would be sold through an open tender. They are the unsold lot. of what
      201 words
    • Article
      Plastics group to go into property, product development
      475 2  -  bf JAYARAM MENOM THE plastics- and furniturebased Fowseng group is gearing up to diversify into property and new product development. Group managing director Tan King Hok said this at an interview with BT after the official opening of Fowseng Plastics Industries' new
      475 words
    • Article
      Hong Hai urges motor industry to provide innovative ideas
      257 2 THE MOTOR INDUSTRY has been called upon to work closer with the government and transportation authorities to improve the land transport system. Dr Hong Hai, MP for Bedok GRC and chairman of the Government Parliamentary Committee for Communications and Information, yesterday
      257 words
    • Article, Illustration
      Improvements in the offing for Victory-class warships
      305 2  -  By MARTIN SOONG IMPROVEMENTS are being planned for the Navy's new 62metre Victory-class missile corvettes, including the addition of medium-calibre guns, military sources said yesterday. The new 300-tonne warships, the largest in the Navy's fleet so far. are already scheduled to be armed
      305 words
    • Article, Illustration
      Foreign demand for local foods on the rise
      243 3  -  By TEH HOOI LING LOCAL FOODS are gaining popularity in the export markets. Between 1987 and 1988, there was a 16 per cent growth in the export of food and beverage, reaching a value of SSI.7 billion, said Peter Sung, Minister of
      243 words
    • Article
      Water tankers fitted with flashing arrows that are easily seen
      223 3 FROM TODAY, road users will be better able to spot water tankers and spray tankers belonging to the Parks and Recreation Department. This is because the Public Works Department has fitted large flashing arrow indicators at the rear of these
      223 words
    • Article
      How electronic data interchange networks can help the economy
      344 3 SINGAPORE could remain competitive in the international market through the use of electronic data interchange (EDI) networks, said Mr Yeo Seng Teck, chairman of Singapore Network Services. Unless Singapore follows its leading trading partners and plugs into the international EDI business
      344 words
    • Article
      Tips for companies expanding abroad
      193 3 LOCAL COMPANIES gearing up for overseas expansion will have more than enough pointers than they had possibly bargained for. The seminar to help them do so will kick off with a keynote speech by Economic Development Board chairman, Mr Philip Yeo, who will outline the
      193 words
    • Article
      Nine to be caned and jailed for overstaying
      157 3 NINE Indian nationals were yesterday ordered to be given three strokes of the cane each, as well as jail terms of between three and eight months, under the tougher penalties introduced by recent changes to the Immigration Act. They became the first
      157 words
    • Article
      PUB electricity, gas tariffs to stay unchanged
      93 3 THE Public Utilities Board has announced that electricity and gas tariffs will remain unchanged for the next three months beginning May 1. Electricity charges for domestic and non-domestic users will be 13.36 cents per KWh for voltages below 6,000 volts. For supply above
      93 words
    • Article
      GSI signs cooperation pact with German varsity
      344 3 THE GERMAN-SINGAPORE Institute (GSI) took a significant step in its history recently. An agreement was reached between GSI and Hochschule Bremen, a German university in the state of Bremen, to allow outstanding graduates of the GSI to read an engineering degree. The cooperation
      344 words
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      Page 2 Advertisements Column 1
      30 2 What have JAPANESE BUSINESSMEN BEEN INVESTING IN SINCE 1886? CHOVA CHOYA, Japan's most established shirt, is available from Tokyu, Sogo, Isetan, Yaohan Orchard and selected Arrow Houses LamermUittiribfrr Appmi HbrU(s)PkLtf
      30 words
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      Page 2 Advertisements Column 2
      225 2 Some businessmen are Kappy to remain in the dark. A lot of businessmen still believe that worrying and setting aside a reserve for bad debts are all pan of business life. On the other hand, there are those who do not want to take any risk by insisting on guaranteed
      225 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      124 3 FOR SALE EN BLOC BY TENDER CLAYMORE POINT-SINGAPORE i Xi Jff f Prime Freehold Locution: 8 Claymore Hill Tender dosing Date: 4pm 4 May 1989 New 25-storey retail/residential building Situated on Claymore Hill in Singapore's Orchard Road shopping district Close to Holiday Inn Hotel, Royal Thai Embassy and American Club
      124 words
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      Page 3 Advertisements Column 2
      77 3 yL&'AP USiZ £1U £3 k* '-'J <**k J J'V J_«f 5j f.V *JI i| y «J' K1& I S f j L Ti*. v V" .k' ii .<•*« ateOeA PSA, the busiest port in the world, is on course for other accolades. Boom time for the shiprepair industry. A profile
      77 words
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      Page 3 Advertisements Column 3
      172 3 "5 •V. V Ww^ A •Ih S~-..: ■Ml V Ellliiifilii -N m AV "-V" I -•4 vi ."SiV: ■I i Time passes all too quickly in Thai's new Royal Executive Class Lounge, Bangkok 9 Whiling away the time in transit becomes so much more pleasurable in Thai's new Royal Executive
      172 words
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  • ASIA – PACIFIC
    • Article
      Lock icon US-Japan semiconductor dispute likely to intensify
      723 4 WASHINGTON MAY IMPOSE NEW TRADE SANCTIONS Reuter THE UNITED STATES is demanding a much bigger slice of Japan's semiconductor market but Japanese officials say the US will just have to try harder. Thus the scene is set for more acrimony and possibly fresh US
      Reuter  -  723 words
    • Article
      Lock icon Sharp rise in Tokyo industrial output
      324 4 UPI JAPAN'S industrial production in March posted the highest monthly growth in 32 years and sales at retail stores marked a record year-on-year rise, fuelled by robust personal consumption, government and industry figures showed. Three of five major department stores reported two-digit growth in
      UPI  -  324 words
    • Article
      Lock icon Uno's Moscow trip: no big changes likely
      256 4 AFP JAPAN expects no spectacular developments from the visit to Moscow next week of Foreign Minister Sosouke Uno, a ministry spokesman said. Japan is "not ready for a relationship of long-term cooperation" with Moscow, so long as the unresolved problem of the Northern
      AFP  -  256 words
    • Article, Illustration
      Lock icon 'Laurel, Bush met secretly to discuss critical issues'
      358 4 AFP US PRESIDENT George Bush secretly met estranged Philippine Vice-President Salvador Laurel in Washington to discuss "critical issues", Mr Laurel's spokesman said in Manila yesterday. Last year, Mr Laurel broke away from President Corazon Aquino to lead the conservative opposition. But he
      AFP  -  358 words
    • Article
      Lock icon Chinese student protests could help Hongkong
      425 4 AFP THE CURRENT WAVE of student protests for democracy in China could prove beneficial to Hpngkong's own cry for freedom after 1997, when the British colony reverts to Chinese sovereignty, political commentators said in Hongkong on Wednesday "I see s lot of good in
      AFP  -  425 words
    • Article
      Lock icon US warns of Soviet fishing overtures
      360 4 AFP THE UNITED STATES has issued a new warning on Soviet fishing overtures in the South Pacific as Moscow continues its diplomatic drive among the island states. Leonard Rochwarger, US ambassador to Fiji, said in an interview published in Suva on Wednesday that countries
      AFP  -  360 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      897 4 ARRIVALS Operator Sorvlco number Local tim* From RJA IJ182 122S AMM MAS MH641 1230 KCH MAS MH646 1250 KUL SAB SN287 1250 WU/8QM/8KK SiA SQ1 1250 SFO/HNL/HKG SIA SQ15 1250 IAX/HNL/TPE SiA SQI07 1305 KUL HN AY902 1310 HEL/RN SIA SQ153 1315 CGK MAS MH633 1355 an
      897 words
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      Page 4 Advertisements Column 1
      149 4 C J m 7\>. <?;>-> V-W f? -< IwsN V.., rS y. r V- £<' ■■w jt-mr f^\ U>ln\ S»r sge Sfe-.-i. ifcf Zis^ ,"-m ,r. ?*r .> >* tvr* *r y»e ami K £02 'ftV'S •A/> -"-"i" s <k V *3^ r r*' f t iVr >>£ «*A if
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      Page 4 Advertisements Column 2
      59 4 The busumi pcrton't choicc every Tueaday, Thumb*, Sotwdav and Suod*. Lara Chaap Airport at 22:05 boon and mivia| M Lflttr B. fcanon International Airport the falovin| day. Cjflrour Travel Agent or Air Cuuda at 7}2t555. A BREATH OF FRESH AIR £1 -i 4 v 11 w X fe.l h; tsA.
      59 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Gorbachev warns reform opponents
      562 5 Reuter SOVIET LEADER Mikhail Gorbachev, after purging the remnants of the old guard from top party ranks, has signalled that he is prepared to dismiss more opponents of his reform programme. In a speech to the Communist Party's policy-making Central Committee in Moscow on Tuesday, the
      Reuter  -  562 words
    • Article
      Lock icon Soviet Union wants Finns to invest in border 'free zone'
      398 5 AFP EVICTED at gunpoint from the city of Vyborg on the Gulf of Finland in 1940 by the Soviet Army, the Finns are today being lured back by their former nemesis with promises of economic opportunity. The victors are asking
      AFP  -  398 words
    • Article
      Lock icon Canada raises taxes, cuts Budget
      158 5 AP CANADIAN Finance Minister Michael Wilson announced sweeping tax increases and wideranging programme cuts in a Budget he was forced to release on Wednesday after details were leaked to a television network. The Budget, which aims to cut the deficit to C 530.5 billion (U5525.6
      AP  -  158 words
    • Article
      Lock icon Hongkong buyers fuel property boom in Vancouver
      241 5 AFP BULLDOZERS flatten bungalows to make room for what critics term monster houses while Hongkong buyers rush to snap up condominiums as a realestate boom sweeps Vancouver. The housing market has never been hotter in the spectacular coastal Canadian city and tales abound
      AFP  -  241 words
    • Article
      Lock icon US non-farm sector growth slows down
      439 5 First quarter growth rate slows to 3pc Reuter DECLINES in home-building, consumer spending on manufactured goods and defence spending have led the US non-farm economy into a slower growth track in the first three months of this year, said the government. Although the overall
      Reuter  -  439 words
    • Article
      Lock icon Farm costs held down In EC Commission's draft 1990 budget
      288 5 AFP THE EUROPEAN Commission, the executive arm of the 12-na-tion European Community (EC), presented a draft 1990 budget on Wednesday that held down expenditures on agriculture and increased spending on the environment, scientific research and regional development. At 48.931 billion
      AFP  -  288 words
    • Article
      Lock icon EC proposes increase in expenditure on anti-fraud measures
      275 5 Reuter THE EUROPEAN COMMUNITY'S executive commission has proposed a major increase in EC spending next year to combat fraud estimated to cost billions of dollars annually. Unveiling the Community's draft budget for 1990 on Wednesday, Commissioner Peter Schmidhuber said the executive wanted
      Reuter  -  275 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      52 5 >' > You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease,
      52 words
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      Page 5 Advertisements Column 2
      111 5 With its sporty air, THE LACOSTE SHIRT TAKES BEST TO LINE DRYING. You may be constantly on the go. but remember that your Lacoste shirt likes to take things in its own time. Just imagine a red Lacoste shirt hanging in the shade of an apple tree in full flower
      111 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      230 5 (°C) 19/14 Rain 08/03 Cloudy 26/12 Clear 32/23 Clear 37/28 Sunny 28/23 Cleor 23/08 Clear 23/18 Sunny 22/07 Clear 20/09 Cloudy 24/16 Cloudy 15/10 Rain 26/18 Cloudy 08-02 Roin 22/11 Cloudy 20/16 Rain 30/17 Clear 08-03 Cloudy 19/12 Fin* 29/19 Cloudy 21/06 Cloudy 16/07 Cloudy 32/27 Showers 09/00 Cloudy 18/10
      230 words
    • Miscellaneous
      Page 5 Miscellaneous Column 2
      22 5 Doonesbury 122 X. m Vf ff k frw-v/ k BY GARRY TRUDEAU 7 In P a V- IV FHOMKXJ, THAT/WHS i Jl
      22 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1674 6 SINGAPORE: Failure by the US dollar to extend its overnight gains beyond D-mark 1.88 saw the greenback take a tumble as the D-mark/yen cross rate corrected with a vengeance from a low of 70.18 to 70.66. Comments by Bundesbank officials intimating that the US dollar should be nearer
      1,674 words
    • Article
      Simex
      476 6 EURODOLLAR futures closed higher on short-covering and position adjustments in active trading yesterday, dealers said. "Sentiment was aided by a higher-than-expected 5.5 per cent gain in US GNP data but uncertainty over subsequent interest rate hikes cautioned market activity," a trader said. June closed at 90.11 above Chicago's 90.02
      476 words
    • Article
      Options
      1377 6 CURRENCY FUTURES OPTIONS Thursday, Apr 27, 1989 DEUTSCHE MARK (S4MEX) May M cm Ntgh Low S3 53 54 55 Ma Son 77 18 Moy 88 peM Mg» Low Soe CAS 7 48 131 Jim 88 cm HI*! Lew Ma toe Jim 88 puM Ht*i Low Soa 51 53 53
      1,377 words
    • Article, Illustration
      World interest rates
      181 6 Indicate! the average of uif pfiiiM i#naing riivs of 12 mator bonks in S'pore Interbank market rates (offer/bid) on Apr 27 us$ DM SWFC Y«n 7 doy* 3 Mil 6 a* 13 Mt> 7/9 3/4 IS/I* 13/14 10 4 7/4 10 l/l* 4 IS/I* 10 3/1* l/l*
      181 words
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      Page 6 Advertisements Column 1
      217 6 Let The Markets Tell You Where They're Going The Latest Trading Techniques You Need to Make Informed Decisions r j Technical Analysis 2 Day Seminar "New Tools Methods" Mur P h v Foreign Exchange-Futures I^SbSk ■W j Cash Stocks Indices Options .an Williams T/ *1 Trade with confidence. Wi Technical
      217 words
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  • BANKING AND FINANCE
    • Article
      Comex gold/silver futures
      176 7 Gold futures on Apr 26 1989 tOO toy Opm ouncts; Mad USS par troy oc lM nca um Apr 89 384.30 386.20 384.80 305.x 0-40 Mo, 3X5.40 -0X0 Jim 349.00 ***** 347 10 38X20 -0X0 392.70 393.30 391.20 392.60 4X70 Oct 397 30 398.30 397.20 397X0 080
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    • Article
      IMM
      249 7 IMM foreign currency futures finished lower on Wednesday as traders concluded that strong growth in first-quarter US gross national product data would keep US interest rates firm. GNP growth of 5.5 per cent exceeded economists' expectations of a 5 per cent rise, leaving the Federal Reserve "little choice but
      249 words
    • Article
      Lock icon Fed adopts hands-off interest rates approach
      503 7 NYT RANKING OFFICIALS of the US Federal Reserve acknowledged this week that the central bank has stopped pushing interest rates up because of recent signs that the nation's economy might be slowing significantly. In describing the new wait-and-see tactic, the officials confirmed what market
      NYT  -  503 words
    • Article
      Government Securities Market
      96 7 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OFFER HIGH LOW 3 months 8Q*****Z 27.07.89 4.22 4.17 4.19 4.15 6 months BS*****N 27.08.89 4.18 4.13 1 far BY*****H 23.11.89 4.16 4.11 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BID
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    • Article
      Asian market
      266 7 ASIAN DOLLAR deposit rates yesterday closed unchanged from the morning when they fell 1/16 point on fears of US Federal Reserve intervention, dealers said. "The market witnessed a brisk trade but I expect it will remain cautious over the next few days as it watches out for release
      266 words
    • Article
      Money markets
      60 7 THE OVERNIGHT RATE on the Singapore money market closed 1/8 point higher at 5 1/4 per cent yesterday. Short-term rates were unchanged across the board. S$ Interbank rotes at the close yesterday; OTO SO Ow"•g* 5 1/4 3 l/i 1-monMi 3 J/1» 3 l/l* 2-mon* 3 1/4 3
      60 words
    • Article
      Financiers, entrepreneurs urged to improve ties
      427 7  -  By QUAK HIANG WHAI FINANCIERS and entrepreneurs must show greater understanding and respect for each other, said Mr Victor Ho. vice-president of the Association of Small and Medium Enterprises, yesterday. A better understanding, he said, is vital for improving ties between the two parties
      427 words
    • Article, Illustration
      Takeshita's resignation won't adversely affect Tokyo market: Dai-ichi head
      440 7  -  •f Quak Hiang Whai THE RESIGNATION of Japanese Prime Minister Noburo Takeshita will not produce adverse effects on the Japanese stock market, Mr Satoshi Hattori, the visiting president of Dai-ichi Securities, said yesterday. He made this point at a press conference
      440 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      177 7 aaaaaMrrfncaNarty P.T.SASEKA GELORA LEASING U5520,000,000 Guaranteed Loan Facility Arranged by CIC-Union Europ&nne, International et Cie Singapore Branch Guaranteed by ASEAN Finance Corporation Limited Berliner Handeis-Und Frankfurter Bank (BHF-BANK) Singapore Branch CIC-Union Europ&nne, International et Cie, Singapore Branch Commerzbank (South East Asia) Limited Commonwealth Bank of Australia, Singapore Branch Credit Agricote
      177 words
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      Page 7 Advertisements Column 2
      172 7 S i fT A g fc T ft* H M 4gj k '•ft •til m. r*« A: A Zt \*r VJ a •*3 ».1r 3 ,-v i«5 1 ,IW -'v L*¥ V PiageT Piaget Dancer. Hand crafted in 18K solid gold and water resistant to 30 meters. ri/uj£,i IA C6TE-AUX-F6ES
      172 words
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  • COMMODITIES
    • Article
      Soybean
      165 8 CHICAGO Board of Trade soybeans ended on a firm note on Wednesday with nearby, old crop months relatively higher than new crop months on buying linked to a strike shutting off all Brazil ports. Sentiment was buoyed by talk that some Japanese importers may have switched several cargoes of
      165 words
    • Article
      Wheat
      164 8 CHICAGO Board of Trade soft red winter wheat futures closed on a weak note on Wednesday after dipping sharply early in the day and paring losses around mid-day. Heavy selling of new crop July by the professional Refco and the commodity fund managed by Tudor pressured prices from the
      164 words
    • Article
      Rubber
      355 8 SINGAPORE: Rubber prices closed lower yesterday with May 1 RSS buyer quoted at 205.50 cents a kg. down 1.50 cents from Wednesday's close. Dealers said prices eased further in the afternoon on some selling of nearby positions. Trading was quiet as investors kept to the sidelines in the absence
      355 words
    • Article
      RAS and MRELB
      282 8 RAS prices In S cmM« FOB In b*l*t NOON CLOSE Buy*rt S*ll*rs 8uy*n Seller* In* 1 RSS Prompt 206.00 207.00N 205.50 206.50N Int 1 RSS Moy 89 206.50 207.50 205.50 206.50 kit 1 RSS Juno 204.00 205.00 203.50 204.50 Int 2 RSS Of 199.00 201.00N 198.50 200JON
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    • Article
      London Markets
      256 8 London Commodity Exchange Buyer/Seller closing prices on Apr 26 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London May 1185/1189 (1165/1168) High/Low 1189/1170 July 1137/1138 (1110/1112) High/Low 1138/1170 Solos (4987) Cocoa Moy 726/727 (742/744) High/Low 746/724 July 745/746 (760/761) High/Low 763/739
      256 words
    • Article
      SSR and SMR
      82 8 (Mnn/kg) MAY 1989 JUNE 1989 (currant month) (forwor< i month) RAS NOON NOON luyt" S«lan l«nr«rt 5§Htn SSt 30 177.50 179.50N 177.50 179.50N SSt 50 175 JO I77.50N 175.50 177 JON MRELB Ivyart S#M*rt tvyan S^Mfn SMt CV 278.50 20O.5ON 280.50 282.50N SMI I 279JO 281.SON 281
      82 words
    • Article
      Lock icon Crude Oil and Products
      164 8 Telerate FUEL OIL market continued to remain steady in light trade yesterday. But some downside potential was seen for end-May /June cargoes CST-180 bunker lots were sold at US$llO.5O- tonne. A refiner sold 40.000 tonnes of CST-380 into South Korea at Sing's spot prices US$l.5US$2.O tonne
      Telerate  -  164 words
    • Article
      KL Tin
      202 8 LACK OF follow-through support duo to Mm US dollar's strength and a slightly hlghar oHerlng pushed the Kuala Lumpur Tin Market down throa cants to M 528.23 a kg yesterday, brokers said. The 124-tonne opening oiler was agalnet bids at 00 and the final turnover of 96 tonnes,
      202 words
    • Article
      Produce Prices
      201 8 Chinese Produce Exchange V SeWeo' noon doting prk m on Apr 27 (SS/100 kg) Coconut oil Mk FOB 103.00 OM drum FOB 113.00 N#w drum FOB 117.00 Copra Mixed (loot*) 61.00 Pepper toMon Muntok wMt* FOB NtW C —1- A- t. 660.00 dorawoK wiNie FOB toq NtW 650.00
      201 words
    • Article
      Precious Metals
      387 9 HONGKONG: Gold closed unchanged from New York in moderate afternoon trade yesterday on light shortcovering by Singaporean and local investors. Dealers said prices moved narrowly all day but the metal advanced slightly before the close. They expected the metal to trade between US$3B4 and US$3B6 an ounce in
      387 words
    • Article
      Lock icon US petrol prices hit 42-month high
      251 9 UPI US PETROL prices drove to a 42-month high on the New York Mercantile Exchange on Wednesday on a road of confusion over when a new government vapour standard would be effective. Unleaded petrol gained 1.96 cents to close at 78.12 cents a gallon,
      UPI  -  251 words
    • Article
      Palm Oil
      448 9 MALAYSIAN CRUDE PALM OIL FUTURES closed off the day's high on selling and profit-taking activities on the Kuala Lumpur Commodity Exchange (KLCE) yesterday. Prices had earlier extended their gains in sympathy with firmer Chicago soyoil futures overnight, but trading remained locked in a narrow range as operators were
      448 words
    • Article
      Lock icon Rubber board expects market to consolidate
      512 9 Bernama WITH THE wintering season in Malaysia and Thailand reducing supply by some 50 per cent, the rubber market will soon feel the tightness as global consumption continues to increase, the Malaysian Rubber Exchange and Licensing Board (MRELB) said on Wednesday. In the latest
      Bernama  -  512 words
    • Article
      Lock icon Perak miners will escape paying double taxes: Ramli
      354 9 Bernama PERAK MINERS will escape double taxation when the state government's proposal to collect royalty on tin is implemented, said Mentri Besar Datuk Seri Ramli Ngah Talib on Tuesday. The state government and the Ministry of Primary Industries are working out a
      Bernama  -  354 words
    • Article
      Lock icon Traders hail Jakarta's tin quota move
      332 9 Bernama INDONESIA'S move to stick to its export quota allotted by the Association of Tin Producing Countries (ATPC), despite ATPC's call to release stocks, would augur well for the tin market. The move by Indonesia, ATPC's second largest producer, may enhance tin prices in
      Bernama  -  332 words
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      1045 8 ISLAND PENINSULAR BERHAD (Incorporated in Malaysia) PRELIMINARY REPORT OF RESULTS FOR THE YEAR ENDED 31ST JANUARY, 1W The Directors are pleased to announce the unaudited results for the year ended 31st January, 1989 Increase/(Decrease) Operating Profit (Note 1) 25,979 18,620 20,185 12,147 Share of Profit/(Loss) of Associated Company 101 1.142
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      562 8 AUSTRAL ENTERPRISES BERHAD (Incorporated in Malaysia) PRELIMINARY REPORT OF RESULTS FOR THE YEAR ENDED 31ST JANUARY, IW9 The Directors are pleased to announce the unaudited results for the year ended 31st January, 1989. 2. The effective tax charge for the year is lower than the statutory tax rate due to
      562 words
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      193 9 'is* r&.'i: ssa 7 f-Jf £1 W A «'T 1 :<■ «Of v:\* r~ *vr«.v*.* 7"* ii =§£#1 m* ':M* SPACE W A e o fv. Tj* 7 .1 Now here's a car that meets the growing needs of a growing family. Not like any other car or station wagon,
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  • FOCUS
    • Article, Illustration
      Lock icon A builder of modern Japan
      607 10 Reuter KONOSUKE MATSUSHITA, who died yesterday aged 94, was one of the business leaders who helped build Japan from the ashes of World War II into an economic superpower. He started a company in 1917 that eventually grew into the Matsushita group, the world's biggest
      Reuter  -  607 words
    • Article, Illustration
      Lock icon Political heads set to roll as Recruit prosecutors close in
      1133 11 An investigation into Japan's Recruit scandal is being conducted by the "giant of special investigators", Yusuke Yoshinaga, and analysts expect three political heads to roll by this weekend. FOCUS also examines how US-Japan issues may be affected by changes at
      FT  -  1,133 words
    • Article
      Lock icon Change of leaders could affect key issues
      720 11 AP UNTIL a strong replacement is found for its lame-duck prime minister, Japan may find it difficult to make progress in some key US-Japan trade disputes, analysts say. But on many issues, the bureaucracy will be able to keep things moving, a number
      AP  -  720 words
    • Article
      Lock icon Japan's faithful scapegoats
      645 11 AFP THE SUICIDE of Ihei Aoki, former private secretary to Prime Minister Noboru Takeshita, highlights the thankless role of an army of faithful servants who serve as scapegoats for Japan's political ills. The Recruit stock scandal which forced Mr Takeshita's resignation announcement on Tuesday claimed its first
      AFP  -  645 words
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      752 10 NOTICES UNITED PULP PAPER COMPANY LIMITED NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of the United Pulp Paper Company Limited will be held at the Conference Room, No 20 Liu Fang Road. Jurong Town, Singapore 2262, on Wednesday 17th May 1989 at 11.00 a.m.
      752 words
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      206 10 ORANA PRIVATE LIMITED (in Members' Voluntary Winding-Up) LIQUIDATORS* OFFICE: 15 Beach Road #03-10 Beach Centre Singapore 0718 NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Chapter 80. that the Final Meeting at the Company be haft at 15 Beach Road #03-10 Beach
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      Page 10 Advertisements Column 3
      137 10 DIRECT TO 8 U.S. GATEWAYS. WE CAN T 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
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      65 11 SHOP FACTORY OFFICE WAREHOUSE SHOP FACTORY OFFICE Whether vou are buying a COMMERCIAL PROPERTY or already own one Turn to CCS For Good Rates From m No mortgagee or legal transfer cost I No processing fee Revolving credit facility available Free valuation Prompt service and fast processing P.A. Ihe above
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      Page 11 Advertisements Column 2
      145 11 Solid f«U aarf Mac* r—tl j iifhtrr incorporating a tmaU clad Csrtwr (km. 1921 The Cartier Flame o purveyor of luxury goods has a history more tied to famous and powerful personalities than the House of Cartier. It continues to burn bright as a record of our times. In celebration
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  • PERSPECTIVE
    • Article
      Helping youth help themselves
      482 12 ON THE LAST SUNDAY of every month, beginning May 28. Orchard Road will be given over to, among other things, a sea of bobbing faces and rhythmic bodies gyrating to hard metal all told, a testimony to the exuberance of youth. So it should be. Youth,
      482 words
    • Article, Illustration
      The S'pore worker: staying on top
      1689 12  -  Winning the "world's best workers" title year after year is a source of pride and worry for Singapore. Despite their many strengths, Singapore workers don't have the best of work attitudes and lag way behind in technical skills. Government officials, labour leaders, managers and
      1,689 words
    • Article
      Lock icon Serious housing problems frustrate South Koreans
      307 12 AP SOUTH KOREANS who want to buy their own apartments in Seoul are frustrated if not furious over skyrocketing housing prices. Newspapers daily accuse the government of failing to devise an effective housing policy, charging that stop-gap measures aimed at discouraging speculation in housing
      AP  -  307 words
    • Article
      Lock icon The widening American income gap
      791 13 NYT AS AMERICA'S white-collar elite grows rich, must the poor and near-poor be left behind? The widening income gap, especially disheartening for its disproportionate impact on the young and non-white, has been casually linked to everything from the rusting of big steel to the Reagan
      NYT  -  791 words
    • Article
      Lock icon The Japanese and the Jews
      572 13  -  By DOMINIQUE MOISI NYT IN 1970, AN ESSAY was published in Tokyo under the title "The Japanese and the Jews". It became a best-seller. Having recently visited both Israel and Japan, I am better able to understand the reasons for the it's success. The dissimilarities
      NYT  -  572 words
    • Article, Illustration
      Lock icon Tokyo may be a target for US retaliation over trade practices
      898 13 FT CARLA HILLS, the US Trade Representative, caught the mood of the Congress and the country just right when she promised to open foreign markets with a crowbar, if necessary. Congress is watching to see if the new Administration
      FT  -  898 words
  • Page 12 Advertisements
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      148 12 SOMETHING TO WRITE HOME ABOUT. THATS BIMAN EXECUTIVE CLASS. Rajanigandha The New Executive Class! A business trip need not be all brisk business. You might want to LONDON simple pleasures. 1 Like writing. On Biman's Executive DUBAI Class you can do just that and more. Because we offer service and
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      Page 12 Advertisements Column 2
      85 12 MAZDA AND AMERICA. IS THE lARTNERSHIP OCEEK? Will Singapore succumb to the call of Karaoke? Is there a future for Chinese Herbal medicine in Japan? These are just a few of the many intriguing enlightening and amusing articles on Asia, Japan and the world which you'll find in the May
      85 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      34 12 Ruroouß HPS »T VOU HRVG f\ UX3R< OUT I &V6.RY LUHCH .> THRT P*LSO CORRECT .NOT TODRV. o is but! I'm GOIHG TO rnR.mGH RND miGHTy to e»e roeAsoßeo Fofc \P> 5U1T..... 23 vf BriStcvrrJteal^icfeenS
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      60 13 wen you're about to do justice to fine food, elevate the moment with its most fitting accompaniment. msmm r i. iS M M Gffi >1 o 3S k in si Bh m H i M -3Q S 1 3a Rra KM Wo"'. I as V 1 r: > TV &>pys
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  • LEISURE
    • Article
      Lock icon Soviet cats lead a dog's life
      622 14 ANIMALS AP FED-UP with the practice of using cat fur to make hats, members of a Moscow cat club are in animal-loving Britain seeking advice on how to promote better treatment of their furry friends. "The position of homeless cats in the Soviet Union
      AP  -  622 words
    • SHORT TAKES
      • Article
        Lock icon More space for Dutch museum
        356 14 Agencies THE ANNE FRANK house, one of Amsterdam's most popular museums. plans to build a new exhibition centre for tourists who flock to see where a young Jewish girl hid from the Nazis during World War 11. The new centre is to be built behind
        Agencies  -  356 words
    • Article
      Lock icon News show lags behind glasnost
      396 15 TELEVISION AP WHILE much of Soviet television is looking more Western, the man who reads the news to millions of viewers every night prefers to do things the old-fashioned way. "Hello, comrades," Igor Kirillov says as he peers through thick bifocals to begin Vremya, the
      AP  -  396 words
    • Article, Illustration
      Lock icon Disney faces challenge from Asterix
      748 15 AMUSEMENT PARKS Reuter AS WORK goes ahead on Europe's first Disneyland near Paris, France has unveiled a challenge with a national flavour an amusement park inspired by the Gallic comic-strip hero Asterix. Situated in wooded countryside just north of the French capital, the Asterix Park
      Reuter  -  748 words
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      772 14 «<StesrftsSk rji* p «•< t EE ■ME f*• wi yJ|j RMPR t I t i y yt ntrn «ir« ODURT HOTEL SINGAPORE /W> with a golden times' Listen to her singing your favourites from pop to country western and evergreens. Caft Boulaard: l.M)p.m. l.()()a.m. Friday Saturday 6 Etr of holidays.
      772 words
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      Page 14 Advertisements Column 2
      191 14 Treat your secretary to a delectable 4 course lunch f"! and fashion spectacular as only The Stables can do it. There'll be gifts for one and\ all, plus a chance to win valuable prizes in our Lucky Draw. 'gST Orrturri Riari. Suinajmrv OtttJTrl 7'5i4411 t And a Buffet Lunch. Whet
      191 words
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      263 15 \4 f Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottte purchases are at 25% less. There's no happier time to enjoy your favourite drinks and some of the
      263 words
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      61 15 J> rVV*-.- :x> 'My///// ///sss/ss" W M W m T i m z t% -,A»USM fD m QUALITY GUARANTEtD 'ULLt MATURED IN; m 43% ill r FINEST SCOTCH WHISKY LENOEO BOTTLED BV Uroyr iSa/Zan/inr 6r oJon. Z£umi/ed QufiUmk ~2)itM6arfott. efrot/and PRODUCT OF SCOTLAND M MfOT KM *11*0 WALKER nST*!BL>rO*S SOB
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  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      650 15 CRYPTIC PUZZLE ACROSS 4 The trouble of a youth taking a girl out (6) 7 A partner showing scope as a helper (4-4) 8 Go round, tosh, and make the tea! (6) 10 South African boys? (5) 13 A bit of a thin time I suggest (4) 14 The record
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1339 15 Lincoln's story re-told OUR CHOICE LINCOLN, 10.35pm, Channel 5 Based on the novel by Gore Vidal, tonight s feature special is the first of two parts. Sam Waterston and Mary Tyler Moore star as Abraham Lincoln and his First Lady. It chronicles the President's inauguration right up to the power
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  • SPORTS
    • Article, Illustration
      Top seeds clear the board
      546 16  -  tENNIS By A SURENDREN TOP SEEDED American Kevin Curren swept Sweden's Johan Carlsson out of the Epson Singapore Super Tennis tournament at Kallang yesterday with a 6-3, 6-3 to advance into the quarter-fi-nals. In another match American qualifier Kelly Jones knocked out compatriot Rick Leach
      546 words
    • Article, Illustration
      Lock icon Fisa president chief calls for safer Grand Prix cars
      422 16 MOTOR SPORTS AFP DEMANDS for safer Formula One cars have been made by JeanMarie Balestre, president of Fisa, the motor sports' world governing body. Balestre wants the minimum weight for Grand Prix cars increased from 500 kg to 520 kg, more
      AFP  -  422 words
    • Article
      Lock icon Auriol's win places him in world's second top slot
      206 16 AFP OIOIER AURIOL of France, in a Lancia Integrate, on Wednesday won the Tour of Corsica rally, taking him to second place in the world championship standings. Compatriot Francois Chatriot, a radiologist who entered his BMW privately, came second and Juha
      AFP  -  206 words
    • Article
      Lock icon French rider is overall leader
      91 16 CYCLING AP FRENCHMAN Roland Leclercq became new overall leader in the 44th Tour of Spain cycling race on Wednesday after his Spanish team scored partial victory in the third leg. Leclercq's Caja Rural team took the first stage of the third leg over a distance
      AP  -  91 words
    • Article
      Lock icon Cane beats Connors at Monte Carlo Open
      324 16 AP JIMMY CONNORS was ousted quickly at the U*****,500 Monte Carlo Open, losing in the second round to Italian Paolo Cane, 7-6 (7-5), 6-1 on Wednesday. Third-seeded Kent Carlsson of Sweden, seventh-seeded Emilio Sanchez of Spain and 12thseeded Andrei Chesnokov of the Soviet
      AP  -  324 words
    • Article
      Lock icon Langer optimistic about European Tour appearance
      311 16 GOLF AP BERNHARD LANGER. returning for the first time to the scene of one of his most memorable performances. said his much publicised putting problems may be behind him as he practised for the start of the U*****,000 Spanish Open. The 31-year-old West German
      AP  -  311 words
    • Article, Illustration
      Murugiah is bookies' favourite in third BP Golf Circuit
      487 16  -  By CHARLES SAVAGE THE THIRD BP Golf Circuit toes oft at Tho Seletar Country Club (SCC) this morning and 1968 Order of Merit leader M Murugiah is the bookies' favourite. But Lim Kian Kee. who set a new course record of
      487 words
    • Article
      Lock icon Three share lead in Las Vegas
      351 16 UPI HALE IRWIN. Bill Glasson and Mike Miles all took advantage of near-perfect conditions on Wednesday, shooting seven-under-par 65s to share the lead with Gene Sauers after one round of the US$l.3 million Las Vegas invitational. Mark Omeara, Steve Pate and Tom Purtzer were
      UPI  -  351 words
    • Article, Illustration
      Lock icon Kareem in 18th playoff
      311 16 BASKETBALL UPI THE Los Angeles Lakers would like to send off Kareem AbdulJabbar with one more gift. Presumably, the rest of the NBA championship field thinks his new backgammon set and Rolls Royce are quite enough. The Los Angeles captain, who was honoured around the league
      UPI  -  311 words
    • Article
      Lock icon Azharuddin may return for India in final Test
      252 16 CRICKET AFP MOHAMMED AZHARUDDIN is set to defy medical opinion and return for Indis against the West Indies in the fourth and final Test which begins in Kingston, Jamaica, today. A groin injury kept Azharuddin out of last week's third Test in
      AFP  -  252 words
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      45 16 m EPSON SINGAPORE SUPER TENNIS WED LIKE TO SEE TO IN COURT KM. From today to 30 April '89, the Epson Super Tennis Tournament will be held at the Kallang Tennis Centre. All matches begin at 5 pm. Come on down and have a ball!.
      45 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Great Eastern Life turns in another spectacular set of figures
      539 17  -  By AMY BALAN IT WAS another bumper year last year for Great Eastern Life Assurance Co as the leading insurer set fresh records for new business earned, business in force, amount paid out and total assets reached. Total assets rose
      539 words
    • Article
      Selangor's investment arm rescuing Worldwide Holdings
      344 17 KUMPULAN PERANGSANG Selangor Bhd, the investment arm of the Selangor government, is coming to the rescue of longsuspended Worldwide Holdings Bhd. Through a proposed restructuring scheme. Worldwide is proposing to acquire some of the assets owned by Kumpulan Perangsang in exchange for shares which
      344 words
    • Article
      Bousteadco geared up for growth
      328 17  -  By MICHELLE OH TRADING GROUP Bousteadco Singapore Ltd, which recently proposed its first dividend in seven years, is ready for expansion in view of its financial strength, said chairman Mr RT S Macpherson. In his statement in Bousteadco's 1988 annual report, he said the group
      328 words
    • Article, Illustration
      Lock icon MBf sells flagship building in KL
      602 17 NST MBfHOLDINGS group has sold its flagship property in Kuala Lumpur to a property trust for M 598.6 million. The 23-storey building, jointly held by subsidiary Plaza MBf and associated MBf Finance Bhd, was sold to the First Malaysia Property Trust (FMPT). The price
      NST  -  602 words
    • Article
      MMC and Tronoh want to sell their Sg Besi stakes
      248 17 MALAYSIA MINING Corporation Bhd (MMC) and its subsidiary Tronoh Mines Malaysia Bhd are proposing a sale of their remaining 30 per stake in Sungei Besi Mines Malaysia Bhd to a bumiputra company tor M 510.34 million. MMC and Tronoh's entire
      248 words
    • SES
      • Article, Illustration
        Buyers focus on property stocks and Malaysian lower-liners
        1581 18  -  *y ANDREA BORCH ALTHOUGH DEALERS described yesterday's market activity as "dull" and "pretty boring," they generally agreed the continued consolidation was healthy. The Straits Times Industrials Index closed up 2.86 points to 1,253.17, after profit-taking brought it down from a noon high
        1,581 words
      • Article
        COMPANY MEETINGS
        126 18 SIM LIM FINANCE LTD: 25th AQM at the Keppel Corporation Ltd's Board Room, 325 Telok Blangah Road, Singapore 0400, on Tueeday May 2 at 10.30 am. DUNLOP ESTATE BND: 22nd AQM at Anggerik Room. Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, on Thursday May 4 at 2.30
        126 words
    • Article
      SES SHARE INFORMATION
      6074 18 1 High Low Tel Coda Laat APR 27 orVol Day (*666) High Low Laat sr Qfa ON ON Cw Or'a Yld Nat P/E M Cap SECTION ONE MOUSTRIAL A COMMERCIAL 182 94 300 200 112 382 244 360 143 166 170 340 54% 340 472 570 82
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    • KLSE
      • Article, Illustration
        Shares edge lower in KL
        3611 19 ANOTHER unexciting day prevailed on the Kuala Lumpur stock market yesterday as prices eased marginally across the board tor the third consecutive session in moderate trading. However, turnover was substantially boosted by married deals which totalled about 15 million units, brokers said. Among them were
        3,611 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Another record
        591 20 Tokyo Reuter TOKYO share prices yesterday rose to a second straight record close on late buying boosted by talk of reports out of New York that the Federal Reserve may not raise interest rates further. This encouraged buying in interest rate-sensitive stocks, especially steels, brokers said. The talk
        Reuter  -  591 words
      • Article, Illustration
        Lock icon Rises on wide front
        484 20 Australia Reuter THE AUSTRALIAN sharemarket yesterday continued to attract general buying interest across the board and was firmer by the cloee of floor trading. The All Ordinaries Index roee 7.7 points to 1.480.0. Brokers said the expiration of April options had given the market a boost,
        Reuter  -  484 words
      • Article, Illustration
        Hang Seng Index drops 41.4 points
        1301 20 Hongkong SHARE PRICES in Hongkong closed sharply lower yesterday after thin trading as news of further student demonstrations in Beijing kept institutional investors on the sidelines. The Hang Seng Index finished 41.41 points down at 3,077.26, a decline of 1.3 per cent and seven
        1,301 words
      • Article
        Lock icon Bangkok: Index up
        154 20 Reuter THE Securities Exchange of Thailand Index fell 3.30 points to f 499.34 yesterday on s turnover of 15.921.363 sharss worth 1.235.19 million baht. APR 17 Ao Kham Thai Ayudhya Innaalman Bangkok AgrxHnd Bangkok Bank Bank Ot Ayudhya Charoong Thai Win BAMT 424 1. 36 5 72.5
        Reuter  -  154 words
      • Article
        Lock icon Seoul: Shares edge higher
        204 20 Reuter day edged up in continued light trading as news that the government would build satellite cities outside Seoul boosted construction shares. Brokers said banking rose on rumours of a higher than expected number of bonus issues. Similar rumours stimulated securities shares, but brokers remained pessimistic
        Reuter  -  204 words
      • Article
        Lock icon Manila: Climb resumes
        103 20 Reuter PHILIPPINE share prices closed higher yesterday on good fundamentals and renewed speculative buying of Atlaa Consolidated Mining after the election of a new board at the company was postponed until tomorrow. The Manila Stock Exchange composite index rose to 979.68 points from 967.11, resuming a nineday
        Reuter  -  103 words
      • Article
        Lock icon New Zealand: Steady close
        100 20 Reuter THE NEW ZEALAND Share market closed flat yesterday as interest in Goodman Fielder Wattie shares waned. Brokers are expecting it to remain flat or slightly stronger in the short term. "It's not too bad considering Goodies (GFW) have died for a while," one broker said.
        Reuter  -  100 words
      • Article
        Lock icon Taipei: Higher finish
        502 20 Reuter BARGAIN-HUNTING by small investors sparked a mid-morning rally on the Taiwan stock markat yesterday, pushing the index out of negative territory to a higher finish, dealers said. The weighted index gained 88.34 points, or 1.1 per cent, to end at 8,015.5 against Wednesday's 7,927.16 close and
        Reuter  -  502 words
      • Article
        Lock icon Jakarta: Volume soars
        102 20 Reuter TURNOVER on the Jakarta Stock Exchange yesterday soared to 154,318 shares from Wednesday s 38,300 but the index closed 0.6 points lower at 295.8, the exchange said. Speculative buying of Panin Bank and BAT Indonesia dominated trading with 56,000 and 55,000 shares traded respectively, brokers said.
        Reuter  -  102 words
      • Article
        Bombay: Shares finish mixed
        100 20 BOMBAY shsrs prices yesterday closed mixed with stocks rising sharply in heavy trading after the market opened firm. Brokers said the market waa cheered by sustained speculative buying, mainly on regional exchanges, on hopes the government would announce personal tax breaks and incentives to industry. Ths
        100 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Wall Street slightly higher
        828 21 New York Reuter WALL STREET ended a two-day losing streak with slight gains on Wednesday. News that the implicit price deflator, an inflation gauge, rose 3.9 per cent in the first quarter, a smaller rise than investors had expected, lifted share prices early in the session.
        Reuter  -  828 words
      • Article, Illustration
        Lock icon Shares rise in early trading
        982 21 London Reuter LONDON share prices edged higher in quiet early business yesterday after Wall Street closed a narrow two points higher overnight. At 0919 GMT, the FTSE-100 Index was 6.9 points up at 2,100.3. By 0900 GMT, volume was 108.0 million shares. On Wednesday, the
        Reuter  -  982 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1776 21 Reuter MILAN: Italian shares closed lower yesterday on nervousness over renewed political tension in the governing coalition in Rome over a disagreement on health charges, dealers said. The MIB Index fell 0.6 per cent at the close, a decline which, combined with Wednesday's 1.05 per cent tall,
        Reuter  -  1,776 words
      • Article
        Lock icon Boeing clinches record US$15.7b order from UA
        503 21 Reuter BOEING CO's 1989 aircraft orders are likely to exceed its record U5529.7 billion of orders set last year, an unlikely prospect until it won two mammoth orders in the last nine days, industry analysts said. "It s an incredible situation," said Paul
        Reuter  -  503 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      328 17 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND PALETTE COFFEE PLACE PTE LTD At an Extraordinary General Meeting of the Company held on Friday, 21 April 1989 at 9 Penang Road #11-25, Supreme House, Singapore 0923 the following resolutions were passed:SPECIAL RESOLUTION WINDING-UP That Palette Coffee Place
      328 words
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      Page 17 Advertisements Column 2
      327 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 30 AND PARAGON LOUNGE PTE LTD At an Extraordinary General Meeting of the Company held on Friday, 21 April 1989 at 9 Penang Road #11-25, Supreme House, Singapore 0923 the following resolutions were passed: SPECIAL RESOLUTION WINDING-UP That Paragon Lounge Pte Ltd
      327 words
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      Page 17 Advertisements Column 3
      324 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND PARAGON RESTAURANT PTE LTD At an Extraordinary General Meeting of the Company held on Friday, 21 April 1989 at 9 Penang Road #11-25, Supreme House, Singapore 0923 the following resolutions were passed: SPECIAL RESOLUTION WINDING-UP That Paragon Restaurant Pte Ltd
      324 words
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      Page 17 Advertisements Column 4
      339 17 IN THE MATTER OF THE COMPANIES ACT CAP SO AND IN THE MATTER OF CKD STEEL STRUCTURES PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERSVOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the above-named Company, duly convened and held at 4 Shenton Way
      339 words
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      Page 17 Advertisements Column 5
      265 17 THE COMPANIES ACT, CAP. SO YEW LIM ENTERPRISE (PTE) LTD (In Liquidation) At a general meeting of YEW LIM ENTERPRISE (PTE) LTD duly convened and held on the 2Sth day of April, 1989 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      265 words
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      Page 17 Advertisements Column 6
      353 17 NOTICE OF RESOLUTION RINGWOOD GARMENT (S) PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of Ringwood Garment (S) Pte Ltd duly convened and held at 38-B Hong Kong Street. Singapore 0105 on the 22nd April 1989 the following resolution has been passed as a special resolution. "That the
      353 words
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      Page 17 Advertisements Column 7
      154 17 CURRENCY INVESTMENT AM IKK I.XI'KI ss li \\k TEL: 321 3333 CHANGE OF NAME Prudential Asset Management Asia (Singapore) Private Limited has changed its name to PAMA (Singapore) Private Limited (A Subsidiary of The Prudential Insurance Company of Amenca) PAMA (Singapore) Private Limited 20 Col Iyer Quay, #21 -02 Tung
      154 words
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  • Page 20 Advertisements
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      1381 20 UNIPHONE TELECOMMUNICATIONS BERHAD TEL£COMMUNCATIONSI PRELIMINARY ANNOUNCEMENT OF AUDITED RESULTS AND DIVIDEND FOR THE YEAR ENDED 31 JANUARY 1989 I.RESULTS The Board of Directors hereby announce the audited results of the Group and the Company for the 1989 with the appropriate comparative figures as follows:year ended 31 January, Turnover Investment A
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      776 21 Scotiabank THE BANK OF NOVA SCOTIA (Incorporated in Canada with Limited liability) figures quoted In I in transit, nd Issued or guaranteed by Canada Issued or guaranteed by provinces and municipal or school corporations Ottter securities 941,330 tjmumr 7,nr,m 11.352. <85 2.274.650 231 >24 3.694.555 Total mtaroet Incons, tncludtag dividends
      776 words
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  • Article
    China-backed firms to compete fairly in HK
    501 22  -  Beijing to issue guidelines By FOO CHOY PENG CHINA is to issue guidelines to mainland-backed companies in Hongkong to ensure that they play by the rules of the colony's capitalist economy. The guidelines would require state-funded enterprises to compete with companies in Hongkong
    501 words
  • Article
    UK snubs China's stand on passports for HK citizens
    153 22  -  By FOO CHOY PENG BRITAIN has poured cold water on China's statement that it would not object to any move by London to issue passports to Hongkong citizens. Beijing's statement, conveyed to a visiting British parliamentary select committee on Tuesday, had
    153 words
  • Article
    Lock icon Fast growth in Thai private sector continues
    265 22 Reuter THE THAI private sector extended its fast growth in the first quarter as capital goods and industrial raw material imports increased 34.1 per cent from the year ago period, the Bank of Thailand said. A central bank report said new private investment
    Reuter  -  265 words
  • Article
    President, PM send good wishes to outgoing King
    312 22 PRESIDENT WEE Kim Wee and Prime Minister Lee Kuan Yew have sent messages to the outgoing Malaysian King, Sultan Iskandar. The President said that Sultan Iskandar could take satisfaction in Malaysia's "significant progress" during his reign. "The people have enjoyed prosperity. The
    312 words
  • Article
    Sudomo emphasises importance of smooth power transfer
    340 22  -  By DAVID CHEW PRESENT LEADERS have a duty to ensure that the transfer of political power to successors belonging to the next generation is smooth. Admiral Sudomo said here yesterday. Indonesia's Coordinator Minister for Political and Security Affairs, who is here on a
    340 words
  • Article
    Lock icon Comex silver
    78 22 Reuter COMEX SILVER FUTURES drifted to new contract lows on early selling yesterday by commission houses in a market empty of participation. Spot May sank 3.3 cents at U555.73 an ounce, nudging out last week's benchmark low of U555.74. July silver was down 3.4 cents at US$5.B4. Analysts
    Reuter  -  78 words
  • Article
    Lock icon 'Aussie economy still too strong'
    160 22 Reuter THE AUSTRALIAN economy is still growing too strongly despite the recent tightening in monetary policy, Reserve Bank governor Bob Johnston said. "We still have activity running too strongly," Mr Johnston said in Sydney yesterday in response to questions at a seminar organised by the
    Reuter  -  160 words
  • Article
    Lock icon China's largest rally since '60s
    142 22 AFP HALF A MILLION protesters swept past hundreds of police and soldiers yesterday and moved into Beijing's Tiananmen Square in the largest rally in China since the Cultural Revolution. The crowd poured into the city's central square, pushing aside hundreds of police and 15 army
    AFP  -  142 words
  • Article
    Lock icon Conable calls for swift action to cut debt load
    282 22 Reuter THE WORLD BANK is ready to help cut the Third World's debt it developing countries carry out economic reforms and commercial banks provide significant relief, Bank president Barber Conable said in London yesterday. In a speech to the Reuters annual
    Reuter  -  282 words
  • Article
    Lock icon Japanese reforms proposed
    109 22 Reuter ADVISERS to Japan's Prime Minister Noboru Takeshita yesterday proposed political reforms to prevent a repetition of the Recruit donations-for-favours scandal. The 12-member board of advisers, including businessmen. labour leaders and a former senior prosecutor. called for: public disclosure of assets by Cabinet ministers and their families
    Reuter  -  109 words
  • Article
    Lock icon Recruit working to clean up its tarnished image
    272 22 Reuter THE RECRUIT Company, at the heart of the scandal which this week forced Japan's Prime Minister to announce his resignation, is trying hard to clean up its tarnished image The company has grown at a phenomenal rate in recent years to
    Reuter  -  272 words
  • Article
    Lock icon Japan urged to integrate proposals into Hawke's plan
    247 22 AFP A SPECIAL ENVOY of Australian Prime Minister Bob Hawke has urged Japan to integrate its proposals for regional economic cooperation into a plan put forward by Mr Hawke. Richard Woolcott was speaking to a press conference on Wednesday after meeting with
    AFP  -  247 words
  • LATE FILE
    • Article
      Lock icon Taiwan raising lending rates
      36 22 AFP TAIWAN'S Central Bank said it was raising its ceiling on prime lending rates by two percentage points yesterday in a further clampdown on the country's ballooning rate of money supply growth.—
      AFP  -  36 words
    • Article
      Lock icon Chinese bank notes for HK
      43 22 AFP THE Bank of China might issue bank notes in Hongkong after it returns to Chinese sovereignty in 1997 but does not plan to assume the role of the British colony's largest bank, a Chinese official said AFP
      AFP  -  43 words
    • Article
      Lock icon Brunei gas well on fire
      55 22 AFP A GAS WELL owned by Brunei Shell Petroleum Company caught fire near the town of Kuala Belait before dawn on Wednesday. Efforts to douse the blaze caused by a gas blow-out had been unsuccessful so far and the company was flying in an expert
      AFP  -  55 words
    • Article
      Lock icon B'desh tornado toll could be 1,000
      46 22 UPI RESCUE workers yesterday extracted 310 dead bodies from the ruins of farms destroyed by a devastating tornado as officials predicted the death toll in the central Bangladesh disaster will be more than 1,000. About 5.000 were injured, officials said.
      UPI  -  46 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      150 22 WINDOW DRESSING IS OUR RUSINESS m i. mn m CUSTOM MADE TO YOUR SATISFACTION CURTAIN SOFA BEDSPREAD CUSHION COVERS PELMET RUFFLES REUPHOLSTEtY FURNISHING FABRIC FOR HOMES, OFFICES HOTELS TRUSTED PRICE* QUALITY# CRAFTSMANSHIP UurtainJ'^swtj 102-06 Eminent Plaza, 195 Lavender Street Spore 1233 (Next to Bugis Square) Tel: *****05/*****91 (Mon-Sat 11am -Bpm)
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      3 22 FOCUS, PAGE 11
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      Page 22 Advertisements Column 3
      155 22 Tha gold report was not •vaHaMa at praaa tkna URGEHT PUBUC AUCTION LIQUIDATION OF STOCK AT THE FALL OF THE HAMMER Iranian has given urgent short notice instructions to clear by Public Auction to the highest bidder, for immediate cash realisation to meet overseas commitments, a valuable inventory off fine,
      155 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon VNG to take up share in fleet
        76 23 Seatrade Week VAN-NIEVELT GOUDRIAAN is set to become coowner of Wijsmuller's heavy-lift fleet, currently owned by banks, in a deal partly financed by John Fredriksen. The shares VNG and Wijsmuller will take in the seven vessel fleet are still under negotiation, according to
        Seatrade Week  -  76 words
      • Article
        Lock icon Conrail and P&W in talks
        87 23 Reuter CONSOLIDATED RAIL CORP and Providence and Worcester Railroad Co said they have begun talks which could lead to Conrail acquiring P&W, the infusion of equity capital by Conrail into PAW, or possible joint ventures for the construction of additional freight facilities on P&W's lines.
        Reuter  -  87 words
      • Article
        Lock icon Exxon tanker adrift off Washington
        98 23 Agencies THE US COAST GUARD says an oil tanker operated by the Exxon company has gone adrift off the coast of Washington state. Last month, another Exxon tanker caused the worst oil spill in US history when it hit a reef near Valdez, Alaska. The
        Agencies  -  98 words
      • Article
        Lock icon Vessel damaged by explosion
        85 23 AP A LIBER lAN-FLAG oil tanker was slightly damaged off the coast of Abu Dhabi by an explosion that may have been caused by a mine, Gulfbased shipping sources said on Wednesday. The 256,387-ton Tropical Lion was hit on the starboard side in the incident, 80
        AP  -  85 words
      • Article
        Dutch firm wins dredging contracts
        78 23 AMSTERDAM BALLAST DREDGING, the Ballast Nedam subsidiary, has signed Fls 100 million worth of dredging contracts in the first quarter of this year. The most important project is in Port Klang, Malaysia, where Ballast Nedam companies will reclaim 185 hectares of land and build a
        78 words
    • Article
      Lock icon Antwerp bargemen blocking oil supplies
      174 23 Reuter STRIKING BARGEMEN have prevented Petrofina SA and Exxon refineries at the Belgian port of Antwerp from delivering diesel oil, gas oil, and petrol to customers since Monday evening. A Belgian port official said on Wednesday that four barges were blocking inland waterway access points
      Reuter  -  174 words
    • Article
      Index to advertisers
      1019 23 VII 5 AUS Una XII 3/4 ABC ContainarUaa S Accord Shpg VM 1/2 AFS XM 3 AkrmHt1 linar XII 5 AC Toapiar XM 3 Aaaricon Tpt XI 4 Arrow linos XI 3 Assoc Corrtoga xw 3 ANl II 1/2 ATC Una V* 4 ATI V 3-3 ASCI
      1,019 words
    • Article
      General improvement in container throughput at PSA
      425 23  -  By JEAN FOONG CONTAINER THROUGHPUT handled at the Port of Singapore rose 35.2 per cent to more than 630,000 TEUs for the first two months of this year against the same period last year. In terms of tonnage, a marked improvement was seen
      425 words
    • Article
      Freight forwarder starting new US-Far East run
      400 23  -  By RAHITA ELIAS COME MAY 15, the first 40-foot box groupage will arrive in Singapore on a dedicated freight service linking the US to the Far East. Close on its heels will be the introduction of a similar service moving cargo in the
      400 words
    • Article
      SFFA to launch new course for members
      321 23 THE SINGAPORE FREIGHT Forwarders' Association (SFFA) is expanding its vocational training programme with the introduction of a new course on June 1. Called International Freight Forwarding I (IFF I), the course will lead to the SFFA diploma. The course fee is $350 and
      321 words
    • Article
      Lock icon Farrell and Lykes call off merger
      199 23 International Transport Journal FARRELL LINES and Lykes Bros Co recently announced that, in view of the protracted delays in the governmental approval procedure, they have decided to terminate their agreement to merge. They expressed sincere regret that notwithstanding the fact that all business issues
      International Transport Journal  -  199 words
    • Article
      Lock icon Brazil hit by widespread port strike over pay demands
      297 23 Reuter PORTS THROUGHOUT BRAZIL were idle on Wednesday as the nation's 80,000 dockworkers went on strike for higher pay, union officials in Rio de Janeiro said. The strike did not affect oil shipments. The State oil monopoly Petrobras has its own
      Reuter  -  297 words
    • Article, Illustration
      Lock icon Optimism reigns in Rotterdam
      824 24 Forwarders confident of doing well in post-1992 single market Containerisation International THE ANTICIPATED BENEFITS of the post-1992 free European transport market for forwarding companies having logistics networks spanning the Continent have now been firmly demonstrated. What the future holds for the smaller, port-oriented forwarders is more
      Containerisation International  -  824 words
    • Article
      Lock icon A fine balancing act
      1132 24 Lloyds Maritime Asia This is the second and concluding part of an analysis of the deregulation of Indonesian shipping. ALTHOUGH many individual Indonesian owners have positively welcomed their new freedoms over port calls and routing "80 per cent good'' is how one described the policy this
      Lloyds Maritime Asia  -  1,132 words
    • Article
      Bunker market report
      543 24 Density Water Carton Residue Ash AJ uminium Sedhnen KG/M*3 V/V M/M M/M PPM M/M Exxon ISO/Clmac limit# Spec E25 991 1.0 15.0 0.10 30* 0.15* Spec 035 991 1.0 18.0 0.15 30* 0.15* Northern Europ* 180 Ava 983 0.3 13.4 0.05 9 0.04 180 Max 993 2.0
      543 words
    • Article
      Who acts for whom ...
      2288 24 Who acts for whom A —B A 8 Shipping Boustead Shpg Agencies (S) ABBS Lin* S M S. Pte Ltd (SyTunes Sella (PK/KL). ABC Containerfine NV Fargo Shpg Co (S). Accord Shpg Accord Shpg (SyAccord Contain*? Lin* (PK/PN) Ahrenkiel Liner Kim Shpg (S). Alfred C Toepter Oc*anu* Shipping Ag*ncy (S)/Multtporl
      2,288 words
    • Article
      Oakland manager named port controller
      177 25 THE GENERAL MANAGER of the Marine Terminals department of the Port of Oakland, Robert W Crandall, was appointed to the US National Defence Executive Reserve (NDER) as federal port controller (FPC) earlier this month. The NDER is a federal Maritime Administration programme for management of
      177 words
    • Article
      London Freights
      1037 25 CHARTERING conditions remained thin on the single voyage dry cargo market on Wednesday, while moderate interest continued in time-chartering which continued to underpin rstes, brokers said. Further details of recent time-chartering by the Soviet Union emerged. It took two 65.000 tonners for trans-Atlan-tic round voyages at US$l4,OOO and
      1,037 words
    • Article
      Sail training ship for foundation
      174 25 DUTCH FOUNDATION Het Zeilende Zeeschip has ordered a new s©m sail training ship, currently being fitted out at Damen Shipyards in Gorinchem. Holland. The construction of the steel hull was subcontracted by Damen to Shipyard Den Breejen in Hardinxveld, where it was launched last month.
      174 words
    • Article
      SHIPPING LIST where your ships are due... and when
      9886 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
      9,886 words
    • Article
      SHIPS IN PORT
      1215 36 AT CONVENTIONAL WHARVES VnmI B«rth Arrival Departure KEPPEL WHARVES Antofalta CIO alongside 2804/2100 Bioe Ocean 1 KI5 alongside 28.04/1500 Bulkier Ml K20 alongside 2804/0700 L Cherry K32 alongside 29 04/1500 Golden Haven K35 alongside 2804/0600 Jovian luzon K34 alongside 02.05/2300 Kola Agung K3I alongside 3004/0600 j» Kola
      1,215 words
    • Article
      Lock icon Internatio-Mueller expects better results all round
      493 36 Dutch group banking on internal growth and takeovers Reuter DUTCH ENGINEERING, transport, and trading group Interna-tio-Mueller NV expects net profits this year to exceed 1968's 44 million guilders due to internal growth and takeovers. Chairman Mas Thomassen said in Amsterdam on Wednesday that "our
      Reuter  -  493 words
    • Article
      Shipping events
      447 36 May $-12 Economics Operations of Bunkering, to be held at the Omni Marco Polo Hotel. This course, conducted by the College of Petroleum Studies, aims to provide an in-depth analysis of the international supply system for bunker oil and presents an insight into bunker oil pricing, planning and
      447 words
  • Page 23 Advertisements
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      7 23 h, t TIMES STP Distributors OGLt a***
      7 words
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      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
      82 23 STP Distributors ON SALE NOWI SINGAPORE MCI(P)2O7/7/88 VOL 13 NO 5 Women who have arrived A look at women who have made it in a man 's world against all odds Farming Breakthrough Easiff Work, Better Yields H Datuk Lim Kok Wing The Philanthropist Ad Tycoon jt Lunch Is Not
      82 words
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      Page 23 Advertisements Column 4
      125 23 •J* cJfr '*#0 Jgr, Rotterdam firms optimistic TWO Rotterdam-based forwarding groups are modestly confident as to their future viability once the post-1992 single European market is put into place. PAGE N New training ship for foundation DUTCH FOUNDATION Net Zeilende Zeeschip has ordered a new 59m sail training ship, currently
      125 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1302 25 S3 J rd ne Piitlicotcd Ki 200 Cantonment feed 012 06 SowtUpwnt, inpin (HOI rn 221 Alt TEIfX NO M Mtn terminals t«* *****11 no BOOKINGS fat SMOt 235 PESAM JAROINE SMfftNC MUCKS JON MO PORT NEIANC Tit )(MIII Tetoi IB MA3MW/MA3WW Pf NAM Til *****4 TCUX NO MA4OM CFS
      1,302 words
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      Page 25 Advertisements Column 2
      1023 25 MAERSK LINE DESTINATIONS LAWS M LAURA M RCQMA M 2/5 3/5 9* 10* 16/5 17* 23/5 24/5 3<V5 31/5 8* 7* 13* 1«C 20* 21/6 20/5 21/5 24/5 27/5 26/5 31/5 3/6 4/6 7/6 KV« 11/6 14/6 17/6 1H 21/6 24/6 25/6 28/6 1/7 2/7 5/7 8/7 9/7 12/7 29/5
      1,023 words
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  • Page 26 Advertisements
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      661 26 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM/ ANTWERP P. KELANG SOUTHAMPTON 3;;rvia AISO ACCEPTING CARGO TO: AU UK INLAW) DESTINATIONS BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG. MALMO. HELSINKI, OSLO. AMSTEROAM, CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN R'DAM/ I SOUTH- KAOANTWERP| LE HAVRE AMPTON P KELANG S
      661 words
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      Page 26 Advertisements Column 2
      437 26 T COLUMBUS LINE REEOERE! GMBH i SERVICE D* MAMBOBG-SL/D semk yr ajcp sep.ks SV>. SOCIETE BOURBONNAISf DE NAVIGATION REGULAR VESSEL FLAMBOYANT V4ROKS) TAMARIN Wm m it •CONTAINER SERVICE LOADING FM Colombo, port lows, reunion TAHA TAVE, DURBAN E LM SUBJECT TO INOUCENENT ALSO ACCEPTING CARGO TO RUVOTTE. HUTSAMUDU. MORONI NAMAJUNCA.
      437 words
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      Page 26 Advertisements Column 3
      702 26 H .i -.mr.rn».i ,<w L REGULAR TO EUROPE FULL CONTAINER SERVICE NOR ASIA MUBARAK VMO7-3 2/5 NOftASIA Al-MANSOORAH VB9OB-310/5 JAPAN SEA MOO-3 11/5 NOftASIA PEARL 010-3 22/5 (VIA FEEDER) PKL 8S U K <*-* UWqJ M oS« bnw. SEA PKL SIN PIR ALG/BCL ALX* P SAID^TRI 9 am*** NORASIA MUBARAK
      702 words
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      Page 27 Advertisements Column 1
      880 27 Steamers Maritime Holdings Ltd WK P&O Containers CONTAINER SERVICE TO UK CONTINENT express NK UPKSS *■> T*> 13* OSAMA MT TXMA MT STRAITS SHIPPING il:I i QJitT>;; nu: FKJ l'K*.t IMf.l ;M. n .WT.IiB:T ;II),I11 •NTAINERSHIP SERVICE FROM UK CONTINENT M'burf rkMM rdM lab S'ton P.Ktant S pore H*Km| Km
      880 words
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      Page 27 Advertisements Column 2
      766 27 T="l nun VAkiP lime weekly express independent fjpkbnU TMNU Line, far east europe fuut containerised service COMPANIA ANONIMA VENE/OLANA DE N A VEG AC lON (NATIONAL LINE OF VENEZUELA. STRAITS TRANSPORTATION PTE LTD TEL *****22 iCHOYANG FMG CAVN) *****44 (WATERMAN) K L TEL 238-1480 *****13 4 PK *****78 *****53 PENANG
      766 words
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      Page 27 Advertisements Column 3
      87 27 SRI LIKU 9/» MIRI/K. BELAIT *0 10/5 Racaivwi cargo at IB (PSA Ibrma Wharf) tram Monday to Saturday. (MARINA WHARf OFFICE TEL 22K1» EURO BOX LINE CANARY 3 COMTR SVC TO PORTUGAL, W. MED Uttßim FO.tlfl.Tl ILL KSmMTWH LIAMM HMECTM VSI/MY KSTMTM/ETA M1%4 CMMUS EXPKtt NIIMIIPTB K/H WU LAIT LIEME
      87 words
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      Page 27 Advertisements Column 4
      301 27 Sun Hup Co (Pte) Lt< TEI *****06 (20 Lines' TLX RS22Q«' R*****2N Ii I STIAITS/ JAPAN/ STRAITS SONICf SPECIALIST IN RO-RO HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE POTTS, HONGKONG TAIWAN I CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE KK SPORE PK DBN CT i* m an UN 1W
      301 words
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      487 28 mSINOSE MARITIME PTE LTD IffJl ISLAMIC RIPU6LIC Of 1' 'JA IRAN SHIPPING LINtS Singapore Loading for:IRAN MEEAD PJLMI SM BANDAR ABBAS KYOWA LINE ■OTHER VSI KYOWA HIBISCUS VJI KYOWA VIOLET V.25 LOAD FOR: VILA, MIA, LTK, SUVA. PAGO. APIA GUAM, SAIPAN, HRA, VILA. NMA. LTK, SVA, PAGO. APIA lAM/BAIPAN SERVICE
      487 words
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      Page 28 Advertisements Column 2
      478 28 QP HANJIN SHIPPING CO., LTD. f TO EUROPE VIA SUEZ r ROV EUROPE VIA SUEZ TO PACIFIC NORTH WEST CANAOA L* Havre Raaai H'kurg B haven Frtme Spot HANJIN OAKLAND WE V 4 6/4 7/4 9/4 10/4 1.5 CHOYANG SUCCESS WE 12/4 13/4 14/4 16/4 17/* tfi HANJIN TONG HAE
      478 words
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      Page 28 Advertisements Column 3
      208 28 INTEROCEAN UNE 78, 2nd Floor. Jmlmn 2/71, Toman Tun Or Ismail, ***** KL Tai: nt«m, 7179 m, *****2$ TLX. NO. MA47W FAX. 03-7173*11 PtflMfl 0* Tot: *****7, *****3 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LOADING FOR SYO. MELB AOE. BRIS, FREM LE HVE, HBG BREMEN. R OAM. GENOA. ANTWERP. UK
      208 words
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      Page 28 Advertisements Column 4
      672 28 5* EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE EVER GATHER EVER GOVERN EVU GRANO EVER GROWTH EVER GRAM) ?3ii£SS!!9S|Elii OS* TYO BAL ALSO ACCEPTING CARGO TO: I) HWVIMNCE. NEWARK. SAVANNAH, ROSTOH PMLAOELPMA, NORfOLK. WtUMNCTOM KMUOA. ETC 1) ATLANTA. CHICAGO. DETROIT. COLIMRUI > OTMR MAJOR MCIQMIDI Round-The-World West Bound (FE/EURO/USEC/CARIB/FE^ SGP JED HGB
      672 words
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      580 29 s \VJaSI PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 Singapore 0106. Tel: *****33 CONTAINER SERVICES [FAR EAST VOY SIN JKT MY J7M 71% 14/8 1M MNB 24/8 ACCEPTING MURURAN/TOMAKOMAJ/HfTACHI CARGO VIA HKQ BANGKOK [JAKARTA r* MA HAWK MM 17/S tM I SURA BAYA/SE MA RANG XINQANG HKQ XM
      580 words
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      Page 29 Advertisements Column 2
      256 29 3 &NORBUL NORROtK CARGO SERVICES LTD, REGULAR CONVENTIONAL SPORE MARATHON UNITED AGENCV PTE LTO TEL ***** M KL'PK s p TEO SHPG t TRDG KL PK SABAM TRANSPAC KK TEL SWI 1212*3 cs L 1 L BREAKBULK SERVICE TO EUROPE/UK S pore P KeUnf Load<nf For FINNFALCON NLMOI 2/5 t/S
      256 words
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      Page 29 Advertisements Column 3
      173 29 BEN LINE CONTAINERS 1.-I.v in-TTT Tr; vn an iw w Ofi ttm NMI rHA MN ROMI HA\ "f W M a* on m ■A 1* M I* JW aw «A W MM 11* LV» a* i;» i« 2M on i* HA IM IM m OA M V* Dfi a* 1/7
      173 words
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      Page 29 Advertisements Column 4
      437 29 DJASAGETRI A Joint Europe S«rvtce Of: P.T. BJMUITA Um P.T. BEMM LLITB p.t. mmm ■ibii p.t. tmkbra um i >um? cs@ vsl/voy KUTAI/17WB S. PANJANG/22 WB TTTTr^^TTTTTT? H .WJilL'.l 13 'id ANTWERP HBURG/ RDAM/ADAM BREMEN 13/7 11/7 21/7 25/7 ALIO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO UK PORTS,
      437 words
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      Page 29 Advertisements Column 5
      371 29 BOUSTEAD SHIPPING AGENCIES PA-AN ¥137* PAGAN VI4IW Wwiim V247W MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'por* P.Kelang Penang Bangkok SsST E E .A BANK UNE wvwmsm NORTHBOUND TO UKC SPORE ROAM HMBG NULL TAMATAI SAMOA VISN In Pt 24/5 2*5 12* FORTHBANK VMM 17/5 15* IS/8
      371 words
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      593 30 Kline KAWASAKI K1 SI N K \ISII III). nrTTTWrrrr FEEDER VESSEL ASIA STAR 13 s> export m v\» 11 I NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE IMPORT NEPTUNE GARNET OOCI FAIR RAINBOW BRIDGE >+* X EXPORT *3 MPORT IE HAVRE SGP *PK/fNG *INDO 13/4 2/5 4/S 5/5 20/4 8/5 10/5
      593 words
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      Page 30 Advertisements Column 2
      64 30 NEW LINE No.l V 4/89 SWEE ANN SATU V 7/89 SANTOS V 2/89 4- V, 4\ -I GOLDENWAY MARITIME SDN. BHD. ETA ETD Loading For ».l V 4/89 6/6 10/5 Labuan/Min ITU V 7/89 6/5 10/5 Kuchirvg/antulu/KK V2/W 7/5 10/5 Tawau (A, Lorong Comptning, off, Jin. Borangan, Port Klang, *****.
      64 words
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      Page 30 Advertisements Column 3
      403 30 AUSTRALIA EXPRESS CONTAINER SERVICE Aiua|>Miiß PCUPCL ConWntn Tmwnri P Mtani Pwianf Lm*m| hr Moftar W Br *1 Fmtm V.« II Ma> 5 Mty 5 *by FrwvMafc/SytkvAM v.41 Ma» 22 Mt r 22 Mir Fram/MMk/Sydn/AM *43 (Mr J1 Jw J1 Jim FwMMb/Syda/Adri »My 11 My 13 My Fran/Mtfb/Syda/Adal n Smppow IMbouiw
      403 words
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      Page 30 Advertisements Column 4
      440 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a TM km Strwt SINGAPORE OM TEL SMM (M LINCS) he 9QSM GOID€M KAN Coftomto Kyact* M Hiy OOLDEN HARVEST Cokwbo/Kmcto/Dutai 21/S May CHI HA SERVICE CHINA OCEAN SHIPPING THE PEOPLE S REPUBLIC w Qiu HE m lOC HE MM •PMf *Pw S
      440 words
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      Page 30 Advertisements Column 5
      468 30 'v.iiT 'nrr'i PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD .vO'-j AFRO ASIA BUILDING. SINGAPORE 0106 TELEX PS ***** PHIL! FAX *****76 EMT/HB EOT FO. t Ltt |ETA SINGAPORE |DESTINATION DUBAI, DAMNAN, KIMAJT. DOHA, MUSCAT BAHRAIN ABU DHABI SNARJAM m COLOMBO. KARACHI BOMBAY HAMAS. CALCUTTA l/l -ll V 1.-l
      468 words
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      1495 31 ua fffPIUNE M2NCKS Ml. ITO Gew** oMkuwj BoofcuiM liwufd/ tomtit* (miiwws ft tUMUSr tPAiSIA OirfMdl *****22 limn in&rli iiKM iitm* imn imii tm\* 2/»i« r^7iT7 as? ssr as u/m nan EXPORT FEEDER VSL N. Ivory 12N N. Emerald 08N N. Ivory 13N N. Emerald 09N MOTHER VSL N. Amber 4E
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      Page 31 Advertisements Column 2
      782 31 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 ***** fnuae P HUM Win MAJ THONG SHIPPING 127 FwweStrwt Panant Malaysia M(S HANDLING SYSTEM CO SON BMO St'
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      378 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. 11l m litiM 1-14 l*wi| FAX iftrtll/WW/B lUIX HS 2')WB A/H SSIIMA. MS 2!) A/H SSCAI) t I INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND 0. GROTEWOHL ia.7M 'vi'i' i T. WENOA 141 mum N. CECIELSKI 0.
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      Page 32 Advertisements Column 2
      72 32 T.S.K LINE WEEKLY CONTAINERISED SERVICE (YIT> P|X£D OA* ABRIVA. EXPORTS TO TAIWAN JAPAN HAKUSAN II VS CONTINCNT m KAtUKI 21 HEMS ACt m HAKUSAN II M CONTINCNT ¥22 IMPORTS FROM JAPAN A TAIWAN HAKUSAN II W CONTINCNT m KABUKI HCMCS ACt a HAKUSAN II M [ijuuaaiiicjninMi BisßßHii3i 81E*****858 BIQ EXPORTS
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      148 32 Regional Wtitkcr A m ¥k Wi m <: ■S 1 > K9 LL4£ SIGNIFICANT WEATHER AND SEA CONOfTIONS AT 7JO A.M. April 2S, ISSS c A\ X Weotfcer —S Wind drection wrth speed m knos R Wove h„nhr Cloudy Sky Wk« ■!■<> art by li l stuck Hy witk tke
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      775 33 E3 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE fOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR MV SINDBAD 5/5 S. Korea, Japan THROUGH Bill la BAGHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AOABA BAGHOAO REEFER SPACE AVAILABLE UPTO
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      Page 33 Advertisements Column 2
      494 33 SIGMA EXPRESS (S) PTE LTD TEL *****44 FAX *****75 ACCEPTING CARGOES FOR: COLOMBO HONGKONG BUSAN TOKYO KEELUNG MUARA/LABUAN/KK KUCHING/SIBU BANGKOK KOBE/NAGOYA YOKOHAMA BOMBAY LE HAVRE/HAMBURG FELIXSTOWE/R'DAM KAOSHIUNG FREMANTLE SYDNEY/MELBOURNE ENQUIRIES ACCEPTED FOR OTHER 2/5 1/5 1/5 2/5 30/4 1/5 29/4 1/5 4/5 4/5 2/5 30/4 30/4 30/4 2/5 5/5 DESTNS
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      Page 33 Advertisements Column 3
      148 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE FULL CONTAINER SERVICE (ADEN/MUKELLA) wtti mm m ma nu IEBK/MBASEI (NOTE: DOOR TO DOOR/REEFER SERVICE AVAILABLE) CONTACT PERSONS :MR ROBERT OH/ HOMY/ MR JULIAN UM/ANW TELEPHONE NO. 224*071. *****72 TELEX/TAX NO# RS 20*40 BALTRA/*****73 CUSTOM REGISTRATION NO IMII74MMM henfgnix Hamburg West
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      Page 33 Advertisements Column 4
      97 33 REGULAR EXPRESS FCL LCL SERVICE DESTINATION ETA SINGAPORE POUT KELANG (Fa ONLY) HONG KONG KEELUNG. KAOHSIUNC MANILA JAKARTA (FCL ONLY) TOKYO. KOBE, BUSAN (FCL ONLY) KARACHI. BOMBAY, COLOMBO (FCL ONLY) AUI BU A ABC CONTAINERLINE N.V ILU-UC TO AUSTRALIA/NEW ZEALAND VSL MUSSa B* C. VCMOUK 225 AwmnKii a TUT EXPVES
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      355 34 M D ForMOding is o membai of n>e M P/SPCOAG gRXO of cornpones 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 opting booking# for ottxr Europoon ports on Confsrsncs Md Non-confsroncs Sailings. 151 CMn Swh Md #03-11, Manhattan How S'pora Nil
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      Page 34 Advertisements Column 2
      141 34 OcemSeruice LCL/FCL SERVICE TO/FROM <18 r V SINGAPORE SlmmS 778 6522 (22 LINES) MS™ Contact: Elaine T*o, Eithar Yap. rT-asuM LO SEALS LINER SERVICE EAGLE LINER SHIPPING AGENCIES PTE LTD REMOVAL NOTICE Please note that we will be moving to new premises w.e.f. 2/5/89 and our new address will be:
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      Page 34 Advertisements Column 3
      267 34 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRABHAKTI (TUES) PRASETIA (FRIDAY) VOY SINGAPORE JAKARTA ETA ETC ETA ETD 258-257 2/5 3/5 5/5 5/5 258-258 9/5 10/5 12/5 12/5 280-281 18/5 17/5 19/5 19/5 17/5 19/5 VOY SINGAPORE SURABAYA ETA ETD ETA ETD 31/37 1/5 1/5 4/5
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      537 35 Everett Lines rTTTrargrrTtt tes "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. Panaflf* P. Ktiang* Singapore HUGHEVERETT 11/12 Bby MANOLOEVERETT ynO May ROSEEVERETT *7 Jun 'EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN SERVICE
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      Page 35 Advertisements Column 2
      256 35 Z I M jmm n X?* 3U ■ym mm I'M I 11 i ii\ M iB iB I iB I M GUAM 9 5 2IM MELBOURNE 29(5 2IM PIRAEUS 12* liH an w I*7 2*7 ACCEPTING CAMO 10 AMLAJCC VIA I N I: r AM Also PO. ro SNAIL 1M-
      256 words
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      Page 35 Advertisements Column 3
      475 35 destinations eTA Singapore PORT KELANG i MAY MANILA 30 App HONG KONG, ALL CHINA PORTS 29 APR KEELUNG, KAOHSIUNG 29 APR BUSAN 2 MAY TOKYO. KOBE 2 MAY CHITTAGONG i MAY DUBAI f MAY SYDNEY. MELBOURNE 7 MAY BRISBANE. ADELAIDE 7 MAY FREMANTLE 7 M AY •ALSO ACCEPTING CARGO REGULARLY
      475 words
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      Page 35 Advertisements Column 4
      431 35 Ha cssssa KL SHIPPING PTE LTI) 1 KINK I INFR SHIPPING PTK III) '0 SHfNTON 02C MARINA HOUSf S PORf OX TLX RS :?M1 FIINFR fA« .VWflifc TKI.: *****77 (12 I INKS) DUBAI, DAMMAN, KUWAIT. BAHRAIN, MUSCAT, ABU DHABI MONAKHNr. BANGKOK KEELUNG KAOHSIUNG TOKYO. KOBE, OSAKA MANILA, JAKARTA LONDON. HAMBURG.
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      Page 35 Advertisements Column 5
      328 35 PTC CONTAINER LINES FCL LCL SEh'.ICE m fAgJASI 7/5 KEELUNG/KAOHSIUNG 6/5 BANGKOK 7/5 MANILA 6/5 JAKARTA 6/5 PORT KELANG/PENANG 4/5 BUSAN 5/5 TOKYO/YOKO/KOBE 6/5 HONG KONG also accepting cargo to Huaiwpu/Shenzhw/FuAou/ Xia men'X i nsa nc ,'S hanffhai 6/5 RDM/HAM/ANT/LE HAVRE/GENOA 6/5 LDN/FLX/LVP/SOU 5/5 LA./NYC/SFO 5/5 VANCOUVER/TORONTO/MONTREAL 8/5 SYD/MELB/ADEL/FREM 8/5
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      Page 36 Advertisements Column 1
      155 36 ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer) and breakbuik cargo for both north and southbound. Heavylift capacity upto 60 tons. S'pore Penang T'ville Loading For "ANKE" V2SB 24-25/5 21-22/5 10/6 Lae, Townsville, Pt Moresby (via "Tville) (other ports subject to Inducement) "TBN"
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      Page 36 Advertisements Column 2
      711 36 —J. r MitspiOSKLines Lid FULL CONTAINER UK/CONTINENT (TRIO) nwukdwwb T ff* 2r S" 1 ir* r <> u» sh f-f MEDITERRANEAN (MED CLUB)* MHK MMI 'if* 1 ■i"'— Trti OCfAHUS To.ro US l« SI w IS MIDDLE EAST (OASIS)** *5 JEDDAH M JCDO 3 nw DUSAi WMUM DNW KUWAIT (AMAIN
      711 words