The Business Times, 6 April 1990

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Friday April 6 1990 75*
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  • NEWS SUMMARY
    • 69 1 US PRESIDENT George Bush and Soviet President Mikhail Gorbachev have agreed to hold their next summit from May 30 to June 3 in the US, the White House announced yesterday. The announcement did not specify where they would meet. It will be
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    • 22 1 A CONSORTIUM of US software houses set up to combat piracy is taking action against another local firm Page 2
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    • 23 1 SINGAPORE Telecom says it is not part of a cartel which keeps international telephone rates artificially high. Page 2
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    • 24 1 AUSTRALIANS must change their attitude towards Asian investors if they want to attract foreign investment, says an expert Page 7
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    • 30 1 THAI Prime Minister Chatichai Choonhavan begins an official visit to Japan to today and is expected to call for redressing Tokyo's trade surplus with Bangkok Page 7
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    • 21 1 THE US is threatening sanctions against developing countries that erect barriers against US tobacco products. Page 8
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    • 24 1 A BILL restricting textile and shoe imports into the US was introduced in the US Congress on Wednesday Page 8
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    • 17 1 AT A TIME when many independent studios have failed, a few are prospering. Page 19
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    • 21 1 BALTIC Orient Shipping has started two services from Singapore to Madras and Calcutta. Shipping Times Page One
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  • MARKETS SUMMARY
    • 39 1 WALL STREET stock prices advanced slightly yesterday morning after a rumoured financial storm in Tokyo failed to materialise. The Dow Jones average of 30 industrials edged up 0.68 to 2,720.05 in the first hour of trading.
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    • 40 1 Share prices were slightly lower in lacklustre trading at noon yesterday. There was some bargain hunting and profit-taking among selected stocks. At 1115 GMT, the FTSE lOOshare index was down 1.5 points, or 0.07 per cent, at 2,230.1.
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    • 29 1 CAUSEWAY INVESTMENT has proposed a capital reduction and a three-for-two rights issue which will partially pay for its purchase of a ship supply company Page 3
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    • 20 1 SEMBAWANG Maritime is poised to reap the gains of investments after weathering a critical year Page 3
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    • 20 1 TWO THAI-LISTED vehicles of the Singapore-based WahChang group have reported another year of healthy earnings Page 4
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    • 16 1 NETS is planning to have 6,300 terminals in operation by 1995 Page 6
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    • Article, Illustration
      27 1 Thursday Change BT-MGA 759.05 -847 Kuala Lumpur .2,871.00 -53.47 Hongkong Closed Tokyo 28.249.06 -193.88 Sydney 1,504.4 -11.8 Wednesday Change New York 2,719.37 London 2,231.6 -9.1
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    • 22 1 Exchange rates US$ S$ 1.8765 Yen (100) SSl.1895 MS SS0.6876 Money market rates Overnight 5 3/4 +13/4 3-montn 6 5/16% unch
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    • 36 1 London Gold PM fix US$378.40 US$4.15 Rubbof S'pore May !56.75«/kg +0.50 Nrsia May 226.50*/kg unch KL Tin Turnover 80 tonnes -25 Spot M$17.95/kg +0.05 Crude pain oil futures Turnover 1,144 lots -66 April M$663/tonne -6
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  • 393 1  -  By William Chia THE AGGRESSIVE Keppel group, which has been actively looking for joint ventures with regional partners, is now planning to tie up with Malaysia's national shipping line, Malaysian International Shipping Corp (MISC), to venture into the warehousing business. The Keppel-MISC joint venture is
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  • 469 1  -  From Walton Morais in PENANG DBS LAND is supportive of a suggestion that a special industrial park be built in Penang for Singapore firms. General manager Loh Soo Eng said if Penang's business community viewed the special park for Singapore firms as a "further
    Picture by H L CHAN  -  469 words
  • 368 1 TOKYO stock prices sagged yesterday but staged a dramatic comeback to close slightly lower. The closely watched 225-share Nikkei index shed 193.88 points or 0.68 per cent to close at 28,249.06 after slipping 316.78 on Wednesday. "The morning and afternoon were completely different
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  • 190 1 JOSE CONCEPCION 111, the 32-year-old president and chief executive officer of the listed Republic Flour Mills Corporation, is increasingly being compared to Donald Trump on account of his corporate acquisitions. Two of his recent big-splash takeovers were Cosmos Bottling Corp and Selecta Dairy Products. In an
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  • 450 1  -  By William Chia STOCKBROKJNG FIRM J Ballas Co has become the first Singapore stockbroker to become a joint venture partner in a Thai sub-broking house with its acquisition of a 17 per cent stake in United Securities Ltd (USL) of Thailand. J
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  • Page 1 Advertisements
    • 283 1 kflAt l I I I I Tudor Court Trf*}™ rt 7,***** I I #oi-OJ Drift Oth*A Ttfc 1 I Ken Poor Comer. Hdlty« P«p< c>TC h*rd I NEW SEOUL ROLE IN OIL SECTOR 9 BRAVE ERA BORN OF TURMOIL 16 LINKS WITH NEW DELHI 17 Aircraft Schedule 27 Money Market
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    • 3 1 Analysis. Pg 17
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    • 102 1 I I Quadruple Zoom* Auto Two-Color. Penang wants to play host, Back Pg Talk of speculator trouble unnerves Tokyo, Pg 4 Brave new era, Pg 16 \Sgr BALLY of Switzerland *Sm3*s3~ Centre Ba»y IMAM M* Oty Botly Mm »oyal Cfximoton Shoe Cc Chanra< Branches S-r ■gopo-e Damaru D)>en Bout<aue Euro
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  • HOME NEWS
    • NEWS ROUNDUP
      • 94 2 IN WHAT IS probably the first high-level trade mission to China after the Tiananmen Square incident in June last year, a Trade Development Board-led team leaves today for the Chinese province of Sichuan. The mission, comprising nine local companies, was aborted in May last
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      • 62 2 SINGAPORE Telecom has put up an international tender for digital switching equipment. The tender is for two lots of digital switching equipment, each consisting of between 100,000 and 400,000 lines. Industry sources estimate the two lots are easily worth more than $100 million. The equipment is part of
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      • 57 2 THE Eighth International Conference on Computer Graphics will be held at the Institute of Systems Science from June 25-29. Among the speakers will be computer graphics experts from Japan, New Zealand, Switzerland, UK, US and Canada. Professor T L Kunii, chairman of the Department of Information Science, University
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      • 108 2 THE MINISTER for the Environment, Dr Ahmad Mattar, will open the Fourth Symposium on Our Environment on May 21 at the Shangri-La Hotel. The three-day meeting will feature speakers from research centres and agencies in the UK, US, Australia, Japan, China and Thailand. Representing Singapore will
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      • 71 2 THE NATIONAL University of Singapore and the University of British Columbia are jointly organising a one-week executive programme on real estate investment and development in the Asia-Pacific. The six-day course, starting on July 23 at the Kent Ridge campus and the first of its kind in the
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      • 67 2 IN THE story "When public boon is private woe" that appeared yesterday, it was said that interest earned from savings in POSB is tax-free for deposits up to $100,000. That is wrong. All interest from POSB savings is not taxed. However, savings in excess of $100,000 earn
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    • 131 2 TO COPE with more flights and new destinations, Singapore Airlines' subsidiary Tradewinds has ordered two Boeing 737 aircraft. The carrier will lease two new 8737-300s from Ireland's Guinness Peat Aviation Group (GPA), said a Tradewinds statement yesterday. Delivery of the first aircraft is scheduled
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    • 294 2  -  By Genevieve Cua A US-BASED group set up to combat software piracy is cracking down on yet another company. Business Software Alliance (BSA), a consortium of six major American software houses, is taking legal action against Melia at Scotts Hotel for allegedly making unauthorised
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    • 153 2 GOODBYE Singapore, Hello Australia. Mr Alan E French, at the helm of listed retailer Robinson Co since 1984, has decided to retire from his post as managing director and chief executive in July, to join his family and friends in Australia. Taking over from the 64- year-old
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    • 242 2  -  By Lilian Ang SINGAPORE Telecom said yesterday that it is not part of a cartel-like arrangement which keeps international telephone call prices artificially high. Responding to a recent Reuter report in BT which said such a grouping, based in Geneva, had the tacit agreement of
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    • 224 2 SOME 200 civil defence shelters in new public housing blocks and a public warning system for impending threats or peacetime disasters will be operational next year, said the Minister for Home Affairs, Professor S Jayakumar, yesterday. All the nine Mass Rapid Transit stations designed with
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 277 3 SINGAPORE Other indicts Close Previous Net change Apr 5 Apr 4 BT Composite 1304.20 1320.59 -16.39 BT-MGA 759.05 767.52 -8.47 ST Industrials 1528.37 1543.01 -14.64 BT OB/OS -407 -341 -66 BT CADI -5829 -5699 -130 BT 10-day MA -5513 -5471 -42 BTOBV +*****71 +*****90 -***** ST Finance
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    • COMPANY BRIEFS
      • 51 3 QUME CORP said chairman David S Lee and Wearnes Technology (Pte) Ltd of Singapore have raised their offer for Qume stock to U556.75 per share from US$6.5O. Qume said a special independent board committee is considering the offer and alternatives. Qume has about 1.1 million shares
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      • 58 3 SISTEM Televisyen Malaysia Bhd (STMB), TV3, reported a 12.6 per cent increase in pre-tax profit to M$ 16.47 million for the six months ended Feb 28, 1990 from M$ 13.74 million previously. Turnover rose to M 551.12 million from M 550.07 million previously. STMB has declared
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      • 100 3 UNITED International Securities said it has received inprinciple approval from the Stock Exchange of Singapore for is proposed rights issue and for the listing of all the rights shares, warrants and new UIS shares. Shareholders have also approved the rights issue at an EGM held on
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      • 32 3 BOLTON Properties group has entered into an agreement to purchase several properties. Its wholly-owned subsidiary, Midahmas Realty, will acquire the properties from Bolton Finance, an associate of the group.
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    • 194 3 AFP ASSURANCES Generales de France (AGF), a French insurance group, has bought a 1 5.2 per cent stake in publicly listed Malaysia British Assurance Bhd (MBA). Managing director Lau Khuan Siew said AGF bought the stake, equivalent to six million shares, for MslB million
      AFP  -  194 words
    • 259 3 Bernama YANGTZEKIANG Bhd is gearing to start construction of its new M 57.6 million garment factory in Johor Baru as soon as approval from the Johor state government is obtained for its proposed acquisition of a piece of state land in Larkin. "The construction
      Bernama  -  259 words
    • 573 3  -  MARKET TALK By Elaine Koh A MARINE laggard is poised to- reap the gains of investments seeded over the past two years, after weathering a critical year. Sembawang Maritime, which started off with salvage work as its selling point, looked as though
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    • 459 3  -  By Elaine Koh CAUSEWAY Investment, a diversified industrial gas manufacturer, has proposed a capital reduction and a three-for-two rights issue which will partially pay for its purchase of a ship supply company costing $6.55 million. The group, which has managed to turn around after three years
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    • 397 3  -  By Conrad Raj TWO SINGAPORE companies and four from the Soviet Union have signed a basic agreement to form a joint venture to build two floating hotels worth some USS7O million for Moscow. The yet-to-be-named joint venture between Sudoimport, Moscow River Shipping Co, Expocentre and
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    • 183 3 CONSTRUCTION GROUP Lum Chang Holdings, which made an unconditional offer for all the shares and warrants of listed investment and property group Eu Ysn Sang Holdings, has received acceptances in respect of 2.19 million shares and 1.55 million warrants at the
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  • Page 3 Advertisements
    • 32 3 Studio Line STUDIO LINE PTE LTD Office Showroom 321 Orchard Road #08-04 Orcnard Shocoirg Cer"e Sirgapo'e 0923 Tel 235 4824/5 Telex: RS ***** S-LINE Fax 733 4608 Sole Agent: Singapore Malaysia Indonesia
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  • REGIONAL COMPANY NEWS
    • 165 4 HONGKONG IMNCM Close Open High Low Volume Change Hang Seng Index dosed Hang Seng Spot closed Close Previous Net Chaage Apr 5 Apr 4 Hang Seng Finance closed 2,021.52 Hang Seng Utilities closed 3,574.95 Hang Seng Property closed 4,874.48 Hang Seng Commerce closed 2,686.75 Turnover (HKS million)
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    • COMPANY BRIEFS
      • 65 4 INDONESIA'S state-owned oil company Pertamina expects to sign soon seven production sharing contracts with foreign oil companies, aoconiing to Energy Minister Ginanjar Kartasasmita. President Suharto has approved three contracts and another four are waiting approval. Union Texas Petroleum Holdings Inc said earlier last month that
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      • 43 4 THE Securities Exchange of Thailand suspended for the time being a trial-run of computerised trading with four subscribers, the Bangkok Nation has reported. This means the SETs plan to computerise trading by the end of next year may be affected.
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      • 57 4 SIEMENS AG of West Germany and Chinon Industry Inc of Japan agreed to form a long-term tie-up in developing, manufacturing and marketing computer peripheral equipment. Under the agreement, Chinon will make compact peripheral equipment designed by Siemens, and Siemens will market the products under its
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      • 83 4 TOYOTA Motor Corp has denied a Japanese newspaper report that it will start manufacturing engines for light propeller planes. The Japanese daily Asahi Shimbun reported that Toyota's board decided on Wednesday to enter the aircraft engine market. Toyota will start mass producing the engines mainly for the
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      • 67 4 MITSHUBISHI Heavy Industries Ltd, Japan's largest heavy machinery maker, will send a study mission next week to Deutsch Aerospace (Dasa), the aerospace group of Daimler* Benz AG, to exchange views on working out a collaboration plan. The Nihon Keizai Shimbun said that the Mitsubishi mission will visit
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    • 496 4 Reuter SPECULATOR groups, long a key feature of the Tokyo stock market scene, are being squeezed by the continuing plunge of stock prices in Tokyo. And fear that some speculators may default is prompting concern that the small brokers who service them may
      Reuter  -  496 words
    • 208 4 BARING Securities (Singapore) Pte has established a "professional services agreement" with Thailand's CMIC Finance and Securities to help CMIC develop its international securities trading businesses. Barings will give CMIC advice on corporate finance, accounting administration and marketing, as well as help with
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    • 361 4  -  By Chuang Peck Ming TWO THAI-LISTED vehicles of the Singapore-based Wah-Chang group have reported another year of healthy earnings, thanks to the booming economy in Thailand. The flagship of the Thai operations, Thai Wah Co Ltd, reported a 137 per cent increase in net
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    • 186 4 Reuter PRESIDENT Corazon Aquino of the Philippines has ordered the partial sale of equity in state-owned Philippine National Oil Co (PNOC) to private buyers within the year. According to Finance Secretary Jesus Estanislao, President Aquino instructed PNOC president Manuel Estrella to propose
      Reuter  -  186 words
    • 159 4 AFP HONGKONG'S Sally Aw Sian has relaunched her bid to buy out the remaining 31 per cent of stock in her investment company, Aw New Zealand. Ms Aw, who already owns 69 per cent of the investment company, is offering 14 US cents per
      AFP  -  159 words
    • 234 4 THE Hongkong government has sold for HK$l.B5 billion its remaining stake in Hongkong Telecommunications to Smith New Court Securities. According to the South China Moming Post, the sale of the 3.4 per cent stake signifies a major shakeup of the company,
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    • 114 4 Reuter ELDERS RESOURCES Ltd has agreed with Mitsubishi Gas Chemical Co Inc to jointly develop a Queensland coal methane gas field. Elders, which owns 50 per cent of methane exploration permit ATP 364 in the Bowen Basin, said it has bought out Curtain Bros' 50 per cent.
      Reuter  -  114 words
  • Page 4 Advertisements
    • 154 4 HENDERSON INDUSTRIAL PARK NEW PHASE WAREHOUSE TORY/ ma <e new phase another choicest investment BSBEffl i SlS® 19 PBsl| Flatted factory comprising 46 factory units (from 2000 to 5500 sq ftl and four £g|g|jEill B|||j warehouse units (from 1335 to 5000 sq ft) f" ®B t flfid HB MS Statutory
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    • 9 4 A brave new era born of turmoil, Page 16
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  • INTERNATIONAL COMPANY NEWS
    • 368 5 FT THE LONDON Stock Exchange has proposed a joint development with the German Federation of Stock Exchanges, throwing open the debate about how to build a single European stock market for the shares of the Community's 300 or so leading companies. The
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    • 401 5 NYT INSIDER TRADING king Ivan Boesky has been released from prison for good behaviour. Mr Boesky, who gained fame for his ability to pick stocks and infamy when he admitted in 1986 that it was based on cheating, signed papers for his release
      NYT  -  401 words
    • 208 5 AFP lEP SECURITIES, the British arm of New Zealand entrepreneur Sir Ron Brierley's empire, has increased its stake in loss-making British defence electronics company United Scientific Holdings (USH) to 20.3 per cent. USH is the parent company of Sin-gapore-listed Avimo. An lEP spokesman said
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    • 356 5 Reuter DUTCH BREWER Heineken NV is optimistic about its future prospects in a changing beer market after seeing net profit rise by almost 12 per cent to 325.5 million guilders in 1989. "Worldwide there still is an increase in beer consumption in
      Reuter  -  356 words
    • 97 5 NEW YORK am lndk*S noae Previous Net Chaafr Dow Jones 2,719.37 2.736.71 -17.34 NYSE Composite 187.31 188.55 -1 24 Standard Poor's 500 341.09 343.64 -2.S6 Turnover (million) 160 154 >6 LONDON "3 Financial Times 30 1,749.7 1,761.3 -Uj6 FTSE 100 2,231.6 2,240.7 *9J Turnover (million) 505.4 541.8
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    • 80 5 AFP FRENCH aviation company Aerospatiale scored a net profit of 204 million francs (US$36 million) last year, sharply up from 93 million francs in 1988 and 50 million the year before. The profit came on turnover of 31.7 billion francs, up 13.2 per cent from 1988. The
      AFP  -  80 words
  • Page 5 Advertisements
    • 47 5 This announcement appears for the purposes of record only April 1990 BOUSTEADCO SINGAPORE LIMITED (Incorporated in the Republic of Singapore) RIGHTS ISSUE OF 8,258,066 NEW ORDINARY SHARES OF $1.00 EACH AT $1.15 PER NEW ORDINARY SHARE Manager and Underwriter m NZI Merchant Bank (Singapore) Limited I d
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    • 91 5 hrt *-r wji BBBBHBBBBBBB SBB^flj^^^Bralßl I |f:'« "i." I 1 9^HHHflni«H|HHg >&•<> v--fc-*^S *J* r- •x- -'f: L' *7 rtf >■'&, f" KLM now flies you to Amsterdam and the rest of Europe everyday, 7 days a week. With smooth connections from Schiphol, Europe's best transfer airport, to any destination
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 82 6 Reuter SRI LANKA's central bank plans to sell certificates of deposit at competitive rates from next week with an aim to raise one billion rupees over two years. Annual interest rates on commercial bank CDs now range between 14 and 15 per cent. CDs were
        Reuter  -  82 words
      • 103 6 Reuter JAPANESE commercial banks are likely to extend a five-year-old credit line with China for another year, banking sources said. The US$2 billion line, due to expire on July 12, was set up in 1985 between the Bank of China and 67 Japanese banks. The banks
        Reuter  -  103 words
      • 2 6 Dollar$ Non$en$e
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    • 252 6  -  By Quak Hiang Whai THE NETWORK for Electronic Transfers (Singapore), or Nets for short, will spend about $20 million in a fiveyear project that will see its number of terminals rising from 1,570 units last year to 6,300 by 1995. In addition, Nets
      Source: NETS  -  252 words
    • 187 6 FROM TODAY, Overseas Union Bank will raise its prime lending rate by half a point to 6.S per cent. With the move, its rate is now on a par with United Overseas Bank which raised its prime to 6.5 per cent two days ago.
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    • 370 6 Reuter HIGHER inflation and a firmer US dollar are likely to exert downward pressure on Malaysia's ringgit over the next six months, but the central bank is expected to try to defend the currency from major falls, Malaysian economists and foreign exchange
      Reuter  -  370 words
    • 577 6 Reuter THE RECENT lull in trading volume in the London securities industry and signs that merchant bank profits are coming under more pressure have sparked fresh worries about possible brokerage closures. But while analysts foresee job losses in the next few yean,
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    • 192 6 Bernama THE MANILA-BASED Asian Finance and Investment Corporation Ltd (AFIC) is ready to boost financial assistance to private enterprises in Indonesia. AFIC president Jiro Yamana said Indonesia might become the most important customer of the corporation in the future. Indonesia is now
      Bernama  -  192 words
  • Page 6 Advertisements
    • 135 6 fl Jl jRHif Jr 7 If banks don't take their customers into account, someone else will. This week's survey in The Economist reports have a significant role to play? on a quiet revolution in banking. The Economist survey takes a long, hard Customer rights now include the right look at
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  • THE REGION
    • 350 7 AUSTRALIANS must change their attitudes towards Asians if the nation is to attract significant foreign investment in the next decade, Bruce Barrington, a director of Jones Lang Wootton (Queensland), told the South China Morning Post. They also needed to reexamine their
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    • 83 7 MBT THE BUMIPUTERA Contractors Association (BCA) and the Master Builders Association Malaysia (MBAM) will now encourage their members to import building materials immediately. The associations said on Wednesday they would be willing to coordinate direct bulk imports of building materials from the international markets. They said
      MBT  -  83 words
    • 338 7 MBT THE MALAYSIAN government is considering several private sector proposals to create more skilled workers to meet the present and future needs of the various industries, Deputy Trade and Industry Minister Datuk Kok Wee Kiat said. He said one of the proposals calls
      MBT  -  338 words
    • 287 7 INDONESIAN Cooperatives Minister Bustanil Arifin says that giving company shares to employee cooperatives, rather than village cooperatives, will not narrow down the social gap between the poor and the rich, The Jakarta Post reported on Wednesday. Ideally, companies should give at least 15
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    • 136 7 THE INDONESIAN Ministry of Industry has simplified procedures for licensing industrial projects not coordinated by the Investment Coordinating Board (BKPM) by transferring licensing authorities to its provincial and regency offices, The Jakarta Post reported on Wednesday. "Provincial and regency offices of the Ministry of Industry are
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    • 158 7 Oana-TNA THAI PRIME MINISTER Chatichai Choonhavan and newly-appointed Defence Minister Gen Chavalit Yongchai-yudh agreed that Thailand should host a meeting between Vietnam and China to resolve the Cambodian conflict. Informed sources said the agreement was reached at a Cabinet meeting in Bangkok and the Foreign Ministry
      Oana-TNA  -  158 words
    • 44 7 Coffee, tea or a safe landing? Try asking for coffee or tea from these ladies and you might end up having your drink delivered on your lap. After all, Liu Yen-ling (left) and Chen Li-hui aren't flight stewardesses but Taiwan s first female pilots.
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    • 211 7 AFP THAI PRIME MINISTER Chatichai Choonhavan is to begin an official visit today to Japan where he is expected to call for effective action to redress Tokyo's strong trade surplus with Bangkok. The official visit which ends on April 9, to be followed
      AFP  -  211 words
    • NOTE BOOK
      • 53 7 Reuter AUSTRALIA is stepping up defence cooperation with Indonesia in keeping with the improving relations between the two neighbours. Australian Defence Force chief General Peter Gration said in Canberra that the two countries would conduct more joint naval exercises and regularly exchange views on
        Reuter  -  53 words
      • 70 7 INDONESIA'S gold exports through the state-owned firm P T Aneka Tambang is likely to decrease to only 1.5 tonnes this year from 1.8 tonnes last year, The Jakarta Post reported on Wednesday. PT Aneka Tambang's marketing director, Darmoko Slamet, said the smaller export estimate was
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      • 81 7 THE INDONESIAN Directorate-General of Highways is expecting loans of over two billion yen (US 12.6 million) from the Japanese Overseas Economic Cooperation Fund for thd construction of three overpasses in the capital, The Jakarta Post reported on Wednesday. According to the directorategeneral, more than 1.3 billion
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      • 72 7 Reuter SOUTH KOREA will lower prices for electricity, gas and telephone services soon probably next week to help fight inflation. Energy Minister Lee Hee-il and Communications Minister Lee Woo-je told a news conference in Seoul on Wednesday that economic planners would meet next week to
        Reuter  -  72 words
      • 66 7 AFP A FIRE on Wednesday destroyed large parts of a Bangkok district housing Chinese and Indian retainers, with damages estimated to run into hundreds of thousands of dollars. Bang-, kok police said the four-hour blaze spread rapidly among the densely packed buildings of the Sampeng district
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  • Page 7 Advertisements
    • 92 7 II t soon 6e 6ack j in jour arms. itlXuw.lMi— -^B ,|^B IJ I 5* Thankfully, in about a couple weeks, new of Perrier If have been subjected to an even S more intensified set of quality control procedures. The new label speaks H proudly of our uncompromising S commitment
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  • THE WORLD
    • WORLD WATCH
      • 90 8 Reuter SEVERAL major US oil companies have opposed the Senate's approval of a compromise clean air Bill, saying a provision for cleaner-burning petrol is too costly and technologically unfeasible. "We're particularly concerned with the specifications for gasoline and we don't know whether we can
        Reuter  -  90 words
      • 99 8 AP TOYOTA MOTOR CORP is developing an engine for light aircraft, but has not decided whether to mass-produce it, an official of Japan's leading car maker said yesterday. The mass-circulation Japanese newspaper Asahi Shimbun said that •Toyota was advancing into the aircraft industry with an improved
        AP  -  99 words
      • 103 8 Reuter JAPAN'S steel industry has agreed to pay 16 per cent more for Brazilian iron ore shipped in fiscal 1990 ending March 1991. Industry sources in Tokyo said yesterday that the increase followed a 15 per cent price rise a year earlier. Brazil's
        Reuter  -  103 words
      • 89 8 AP CUBAN PRESIDENT Fidel Castro has been quoted as saying that his hard-line Communist government will never make concessions to capitalism, which he compared to cutting off an arm. "The Cuban revolution will not experience submission or concessions," Mr Castro was quoted by the Cuban government news
        AP  -  89 words
      • 64 8 Reuter THE EUROPEAN COMMISSION has cleared a 1.5-billion-deutschemark plan by the West German government to fight long-term unemployment. Under the scheme, the state subsidises West German employers to employ jobless workers on one- to three-year contracts. It does this by paying between 40 and 80
        Reuter  -  64 words
      • 61 8 Reuter WEST GERMAN construction industry workers have reached agreement on a new one-year labour contract providing an overall 1990 wage increase of 5.8 per cent and a 6.3 per cent wage rise for on-site workers. The settlement applies to about 960,000 construction workers in West Germany.
        Reuter  -  61 words
    • 391 8 Reuter THE US is threatening trade sanctions against developing countries that try to keep out American tobacco product exports, say delegates to a world anti-smoking conference in Australia. The four leading US cigarette makers Philip Morris Cos Inc, RJR Nabisco Inc subsidiary RJ
      Reuter  -  391 words
    • 237 8 Reuter A BILL to curb textile and shoe imports to the US was introduced in Congress on Wednesday with more than 250 sponsors from the Senate and the House of Representatives. The Bill would limit the growth of textile and apparel imports
      Reuter  -  237 words
    • 312 8 Reuter THE US employment report to be released today is expected to show that job growth receded last month after two unusually strong months, said American analysts. One big uncertainty is how many newly employed workers for the US 1990 population census will be
      Reuter  -  312 words
    • 42 8 Public transport has apparently won another convert. Saudi financier Adnan Khashoggi (right), usually associated with sleek limousines, took the New York subway with an unidentified companion on Tuesday on his way to the US District Court for his trial.
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    • 118 8 Reuter SALES OF foreign cars in Japan rose by 42.5 per cent to a record 201,152 in the fiscal year ended March 31, helped by tax reforms last year, a Japan Automobile Importers Association official said in Tokyo yesterday. This was the fourth year
      Reuter  -  118 words
    • 212 8 Reuter A BATTLE is looming on the British wages front, with inflation threatening to top 9 per cent in coming months, according to economists and pay experts in London. They expect a tug-of-war between workers demanding higher wages to keep up with rising
      Reuter  -  212 words
  • Page 8 Advertisements
    • 924 8 National Australia essBalance Sheet as at September 30, 1989 Statement of Profit and Loss for year ended National Australia Bank Limited and subsidiary companies September 30, 1989 Hotting Holding Holding Holding Group Group Company Company Group Group Company Company Dollars in Millions 1989 1988 1989 1988 Dollars in Millions 1989
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    • 230 8 NOTICES IN THE MATTES OF THE COMPANIES ACT, CAP. n AND IN THE MATTES OF PAN MALAYAN LUMBEB TRADING CO PTE LTD (la Vaiaatarv UaaMattoa) members' Voluntary WINDING-UP NOTICE IS HEREBY GIVEN, pursuant to Section 308 of The Companies Act, Cap. 50. that the Final General Meeting of the members
      230 words
    • 221 8 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF MAGNETO INVESTMENT PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a Final General Meeting of the members of the Company will be held at 35th Floor. Bank of America
      221 words

  • FOCUS
    • 1077 9  -  Madelene Chung and Ng Weng Hoong discuss South Korea's 'expansionist' oil policy for this decade Madelene Chung,Ng Weng Hoong Ng Weng floong is the commodities editor of Telerate. a "live" information service. Madelene Chung is deputy editor (energy). SOUTH KOREA'S oil industry
      1,077 words
    • 734 9  -  After years of spectacular growth, the South Korean economy is slowing down. Moon Ihlwan reports on Seoul's efforts to rev it up again. Moon Ihlwan Reuter SOUTH KOREA announced an economic package two days ago aimed at spurring its slowing economy but the business community
      Reuter  -  734 words
    • 653 9 AFP SOUTH KOREA'S educational system may be the envy of many in the world, but it is failing to provide the labour force the country needs at this stage in its development, educators and industrialists say. Some of the biggest problems troubling educators
      AFP  -  653 words
  • Page 9 Advertisements
    • 437 9 WL v Tfi HETT. j j r jt rfl 5| w jLi P^»it Him MBII QfT bIH in ill^lMi 1 SiX if >«rP JM W |^V| Bullion Park offers Hawaiian-style landscaping, fountains lagoon, footbridge, a magnificent gateway, country club facilities, breathtaking HMKBHIHIiiHHHI reservoir scenery and close proximity to Yio Chu
      437 words

  • SPORTS
    • SIDE LINES
      • 153 10 AP BRIAN BELLOWS scored two goals and goalie Jon Casey stopped 30 shots, leading the Minnesota North Stars to a 2-1 victory over the Chicago Blackhawks in their NHL playoff opener. By virtue of Wednesday night's victory, the North Stars, who finished fourth in the
        AP  -  153 words
      • 76 10 AP TDP-SEEDED Brad Gilbert and No 2 Aaron Krickstein have advanced with straight-set victories over West German opponents to reach the quarterfinals of the Prudential-Bache Securities Classic in Orlando, Florida. Gilbert downed Christian Saceanu 6-4, 6-4 on Wednesday, while Krickstein needed only 49 minutes to defeat Markus
        AP  -  76 words
      • 103 10 AP SOUTH AFRICANS Danie Visser and Peter Aldrich beat Australians Wally Masur and Darren Cahill, 6-3, 7-5, on Wednesday in the opening round of the Standard Bank World Doubles Challenge in Johannesburg. About 30 activists, opposed to international sports contacts with South Africa, marched outside the arena
        AP  -  103 words
      • 88 10 AP WEST GERMAN Patrick Baur stunned Italy's Gianluca Pozzi on Wednesday with a 2-6, 6-2, 6-3 victory to advance to the quarterfinals of the U*****,000 Banespa Open tennis tournament. Baur offset Pozzi's aggressive net play with crisp passing shots and heavy baseline volleys to bounce back from a
        AP  -  88 words
      • 81 10 AFP IT IS "totally inappropriate" for the New Zealand Rugby Union to currently consider playing with South Africa, NZRFU chairman Eddie Tonks said Wednesday. He was commenting on suggestions from All Black winger John Kirwan that the time appeared right for a resumption of All Black-Springbok
        AFP  -  81 words
    • 363 10 AP YOU HAVE to go through one of General George Patton's old sergeants to crash the clubhouse of Augusta National Golf Club. Don't try it unless you have the proper credentials. Bob Kaliebe says it's the second toughest duty he's pulled
      AP  -  363 words
    • 291 10 AF SEVE BALLESTEROS knows exactly what he has to do to have a chance to win the 54th Masters. "The key this week is if I can stay away from the water," Ballesteros said on Wednesday, the day before the start of the 54th Masters.
      AF  -  291 words
    • 695 10 AP JACK NICKLAUS loves Greg Norman's golf game. "He's about the only person I play with that I'm in awe of what he does," Nicklaus said on Wednesday in tabbing Norman as his favourite to win the 54th Masters, which began yesterday on the Augusta
      AP  -  695 words
    • 591 10 AP TOP-SEEDED Martina Navratilova eased into the quar-ter-finals of the Family Circle Magazine Cup on Wednesday while 14-year-old Jennifer Capriati continued her winning ways with an easy second-round victory. Navratilova, ranked No 2 in the world, trailed 3-1 in the first set before rallying to
      AP  -  591 words
    • 325 10 AP DONOVAN Razor' Ruddock knocked out Michael Dokes with a crashing fourpunch combination in the fourth round of their scheduled 12-round heavyweight bout on Wednesday night at Madison Square Garden. Doctors and handlers rushed into the ring at the count of seven. Dokes'
      AP  -  325 words
    • 395 10 AP LARRY BIRD had 43 points and 15 rebounds, leading the Boston Celtics to a 125-106 victory over New Jersey, handing the Nets their 14th loss in the last 15 games. Hitting 16 of 29 shots. Bird also had six assists and two steals in Wednesday
      AP  -  395 words
    • 113 10 AP FIJI SCORED a converted try in the last minute to beat Australian Capital Territory 27-26 on Wednesday night in a challenge rugby union match. The Fijians scored four tries to three despite being out-gunned in the forward exchanges for long periods. They used the
      AP  -  113 words
  • Page 10 Advertisements
    • 52 10 0K YOU'LL BE BACK FOR MORE! W** South Indian Cuisine ATTENTIVE Aanij mouth-watering dishes *M9XMB%9DKKf JBJf A W RESTAURANT s VBr 9 Singapore 2057. j *i *x •'o *jj Try our famous Tel: *****94/*****62 1 Sri Lankan Crab, Business Hours: 11 am 9.30 pm Daily i_ __1 J Steam or
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  • Page 11 Advertisements
    • 78 11 ongralulahons I What Do You Look For jJP I N Your §§Jlf Partner? I|IJIS (3 I BURGER I t i "J l/lNfi CATHAY ORGANISATION I American International Bank of Singapore group of companies I Assurance Co., Ltd SINGAPORE @3 W I City I CITOH&CO.,LTD. Cheung Kong Developments Coronet Far East
      78 words

  • Page 12 Advertisements
    • 67 12 K I GUD HONG HOW GROUP I General Urban Goldhill Properties Qffi) Great Eastern Life of I Development Co., /p te j Ltd Companies i m Ds if I HongLeong HwaHong Keck Seng Group Keppel Finonee Limited I Holdings Ltd Corporation Ltd I no I Leo Property The Long-Term Lum
      67 words

  • Page 13 Advertisements
    • 91 13 for the future j Long Term T jam. Relationship I Overseas Union B I crr Developments (Pte) Ltd I PI f UM I tic Overseas Union I Newton Investment NGEE ANN Development Pte Ltd Rea,t v Services Pte Ltd I DEVELOPMENT PTE LTD I Ltd f) PEAK I Overseas Union
      91 words

  • Page 14 Advertisements
    • 81 14 on your olden Fifty Years OF Is Hi I Shangri-La hotel The Shaw Shell Companies in Shimizu I sincapore Organisation Singapore Corporation I Standard Chartered S'iIBAiiTSMANSFIELD Takaskimaya I Standard Chartered Bank Property Marketing Pte Ltd Takashimaya Co., Ltd T en Wah reSS I (Pte) Ltd 1 is) K. %> k
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  • Page 15 Advertisements
    • 339 15 50ik I Your Partners In Property I I It has been 50 years since Cheong Hock Chye was first established. During this time both the I I firm and the property market have undergone significant changes. The firm has grown I I M substantially from an original staff of six
      339 words

  • 478 16 EDITORIAL PENANG BECKONS, and a 54strong team from the Singapore Manufacturers' Association has responded. The team, following up on an invitation from Chief Minister Lim Chong Eu, is now in the Malaysian island-state to assess investment opportunities there. The welcome development comes on the heels of
    478 words
  • WHAT THE OTHERS SAY
    • 226 16 AT THE END of the eighth plenum of the Vietnamese Communist Party which ended last Tuesday, Hanoi decided that it will not give up its monopoly of power. Only after the material comforts of the people have been satisfied will the party consider liberalising the political system. To
      226 words
    • 126 16 THE SETTING-UP of a Ministerial Committee on Land Transport chaired by the First Deputy Prime Minister to look into road transport problems shows that the issue should be regarded as a matter of fundamental importance to the country for at least the next 10 to 20 years.
      126 words
    • 129 16 THE CENSUS beginning tomorrow is the third and the largest statistical exercise since Independence. This is because more data are needed in order to understand the rapidly changing profile of the population. Therefore, data from the census, in addition to various surveys, are crucial to
      129 words
  • REGIONAL VIEWPOINTS
    • 224 16 THE FEARSOME ups and downs of Japanese stocks in the past few weeks, and the consequent uncertainties that afflicted other bourses, were brought about by a plague of fears, particularly over the strength of the yen and the government of Prime Minister Toshiki Kaifu. It may
      224 words
    • 106 16 THE ANNOUNCEMENT made at the Ministry of Information on Monday night, when Information Minister Harmoko hosted a fast-breaking gathering. was indeed a demonstration of political will to achieve a noble goal: that of cleaning up 20 major rivers throughout the country. When we consider for instance the
      106 words
    • 138 16 HONGKONG is often referred to as a shopper's paradise, but there is more than one serpent in this particular Garden of Eden indeed, a veritable nest of vipers awaits the unwary. The perils facing consumers, locals as well as foreigners, are underlined in a report issued yesterday by
      138 words
  • 791 16  -  The days of high growth and champagne are over for Tokyo's financial markets. Scott Miller asks: 'What now?' Scott Miller Reuter TURMOIL in Tokyo's financial markets has ushered in a new economic era in Japan, threatening the growth of the world's second largest
    Reuter  -  791 words
  • Page 16 Advertisements
    • 30 16 Bkw A Gasket Without Blowing Your Cool. only $4.50 How to look after your car covering every popular make and model. Available weekly at major bookshops and news-stands STP Distributors
      30 words
    • 60 16 n Prime Office Building Tender Closing: Noon 30th April 1990 Brochures and Tender Documents From HENRY BUTCHER k k Singapore MalaysiaI k N. total fety M-07 Horn Ltonf BuiKinf «0. 2, Lrt* Imhmx W w M 0104 HonfkMl lII* SCIOO lull Lumpur Far 02 *****W T* OS 2MO4K F« »232*21
      60 words
  • Page 16 Miscellaneous
    • 33 16 DOONESBURY iOU 60TQUfT5 A JOd COUNTING 10U MKjHT 3Ai THAT. YOU OCT V HAVB TO. THEfte THE ONLY 0N& l~ l Mm Ham£55,PUQ<S! TH&S ARB 15.000 STREET WHO MAW/ KMO UH&B ALL II >,
      33 words

  • ANALYSIS
    • 971 17  - From New Delhi with love and business India is planning to make Singapore its exclusive window to international commerce and trade, reports Julie Chatterjee from Bombay Julie Chatterjee ADAVID-AND-GOLIATH relationship need not be adversarial. Singapore and India are discovering that. "India is just beginning to look hard at the prospect
      971 words
    • 1212 17  -  Harish Mehta interviews a corporate star who has more than played his cards right Harish Mehta JOSE CONCEPCION 111, the son of Philippine Trade and Industry Secretary Jose Concepcion, is Manila's newest rising corporate star who is making waves with his aggressive acquisition of
      1,212 words
    • 589 17 MR Jose Concepcion Ill's entry into the corporate world followed a meandering route, from selling tomes to popcorn. Then he discovered the thrill of climbing the corporate ladder. Better known as Joey Concepcion, he graduated from the De La Salle University in 1981
      589 words

  • Page 18 Advertisements
    • 271 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Didn't I see you at Scandals? > i t Every Thursday: Ladies Night. Every Night: I he place to see and be seen Scandals, Singapore's most sophisticated club and meeting place. For details on
      271 words
    • 301 18 A SPUttlTVG NEW PoaM\nors appears TONIGHT AMM soorrsRtKD CANOPY BAR Vi>f amd t With Us spcetaeuUr glass frontage. the anop\ Bar >u> the ideal place to see the Mars It's jlso\Smgaporc's newest and most exclusive rende/vous The C anopy Bar. upstairs at the Hyatt B.B.Q. Rendezvous is now at CafjeBouleuand
      301 words
    • 190 18 EMsslipp /JM Like our exquisite Cantonese Thai cuisine. Prepared by |T Hong Kong and Thai different enticing Delighted by the Feast on our Chef's Specialty >« Fish Head Curry at only $17.50 CLTC_ J i (for 2 persons), or you may /7 I choose from an extensive local I and
      190 words
    • 280 18 IS I An all consuming passion for Spain sweeps into The I Belvedere this month. It's an extraordinary spread to be relished and savoured, along with specially imported I Spanish wines The Belvedere s Spanish Buffet It's worth fighting a bull to get to. Spanish Buffet Lunch 1 30 April
      280 words
  • Page 18 Miscellaneous
    • 627 18 TELEVISION AND RADIO v n Anm.ctn ***** 2M ,u business on rap.o 1 eeing on at Augusta -gssr~ skss ssr ""SSTra s|sgg®s asassr- saMSSBSJa Department while Connie's StTmn/Alex McArthur is 630 7 45 a F,nanc,ai News Friday Background, 8.20pm, m aged Unelc comes Due|| McCall Robert **5 Syiar Ramadhan. 1.10pm:
      627 words

  • LIFESTYLE
    • 300 19 Reuter JAZZ GREAT Sarah Vaughan died on Wednesday of lung cancer at her Los Angeles home. She was 66. Lawyer Harold Levy, a close friend, said the sultryvoiced singer entered hospital on Saturday but went home on Tuesday to die. "Vaughan had been coping well
      Reuter  -  300 words
    • 738 19  -  Geraldine Fabrikant looks at how two independent studios survive when others have failed Geraldine Fabrikant NYT The last few years have been trying ones for the independent movie studios, which have struggled because of the rising costs of making and marketing movies. But not for the
      NYT  -  738 words
    • 266 19 CHATTERBOX Agencies ROCK HUDSON'S ex-lover filed a US$22-million lawsuit on Wednesday against the publisher and authors of a biography of the late Hollywood star, claiming it portrays him as a criminal and extortionist. Marc Christian, who was awarded over US$5 million from Hudson's
      Agencies  -  266 words
  • Page 19 Advertisements
    • 291 19 AND ENTERTAIN Embark On A Delectable Journey In Spring. LUNCH 12 NOON W TO 1 KPM H 135* PFR PfcKSON m DtNNtR fc *CPM H i 'PM RESERVATIONS Celebrate the cherry blossom festival at Unkai. With Sakura Kaiseki, a traditional meal symbolising the promise of spring. Everyday from April 4-26,
      291 words
    • 275 19 LUNCHING AT THE CARLTON BRASSERIE ALWAYSh MAKES GOOD BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin
      275 words
    • 74 19 I ■restaurant Frisco offer the finest continental cuisine with cosy, friendly ambience. EXCLUSIVE BUSINESS LUNCH 11.00 am to 2.30pm Set Lunch $28.00++ per person (menu changes daily) ROMANTIC DINNER 6.00pm to 10.00pm Candle-light Set Dinner Q $26.00++ per person HAPPY HOURS 3pm to 10.00pm All alcoholic beverages except wine are
      74 words
    • 295 19 The Clubs 'l pranetssd r fiiiiAciß I Great Meals I in an Intimate Setting S I For a delightful but informal meal, come to our 24-hour I I coffee house. gaw I I Savour Penang's best Chao Guo Tiao and Fu Ji&n Mian; I I Porridge, Hainanese Chicken Rice and
      295 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4135 20  -  By Lim Mui Khi PRICES CONTINUED to slump on the local market yesterday as Tokyo got jittery on rumours that a major Japanese securities house was in financial difficulties. The Straits Times Industrials Index lost 14.64 points to end at 1,528.37 at the
      4,135 words

  • STOCK EXCHANGE OF SINGAPORE 2
    • 3365 21  -  By Lim Mui Khi THE OVER-THE-COUNTER market yesterday ended ominously lower but on larger volumes. Up to yesterday, investors had tended to give the Malaysian market the cold shoulder due, in part, to the missing scrip problem and increased volatility in the market.
      3,365 words
  • 962 21 CoMpny C—Hny LMR Expiry/ malurir date 1994 Coupon Conversion period 1 <%> 6 Interest payable Dec 31 Conversion term for one ordinary share CaMaay III 1994 Oct 2, 1989 to Oct 20. 1994 1 warrant plus $1 cash or 1 warrant plus {1 nominal
    962 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3310 22 MBT IN TANDEM with the trend on the Tokyo bourse, share prices on the Kuala Lumpur stock market finished off the day's lows yesterday as late bargainhunting narrowed earlier losses in cautious trading. Dealers said market operators were jittery at the outset and swarmed the trading
      MBT  -  3,310 words
  • 1881 22 DIVIDENDS ANNOUNCED Currant Ex Bm4u Data Trtal tor Total tor payamt data ctoM payafeto tfca yaar last yaar JMak Ei* 6%TE(I) Apr 11 Apr 17 Apr 28 6%TE 6*TE Avtrw 15%TE Feb 28 Mar 12 May 15 25%Tl 25%TE BAT 90.9%(n) Apr 6 Apr 19 May
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  • REGIONAL STOCK MARKETS
    • 8 23
      8 words
    • 1025 23 LATE AGGRESSIVE buying by big Japanese brokers for clients and their own account rescued the Nikkei Index from a dismal start to close easier yesterday. "The morning and afternoon were completely different markets," said a salesman at a foreign brokerage. Brokers said they were gasping for breath after the
      1,025 words
    • 643 23 AUSTRALIA'S sharemarket yesterday drifted to finish lower near the psychologically important 1,500 level, with trading dictated largely by a weaker Tokyo market. The All Ordinaries Index ended 11.8 points off at 1,504.4, after rebounding from a low at 1,501.1. "We fell in sympathy with Tokyo. There was very little
      643 words
    • 802 23 THAI STOCKS yesterday closed lower across the board in late session profittaking triggered by falling share prices in Tokyo. The SET Index fell 5.70 points to finish at 840.30. Declines led advances 95 to 27. Most active were MK Real Estate, Star Block and Siam City Cement. "Share prices
      802 words
    • 91 23 MANILA share prices fell across the board in listless trade ahead of the Easter holidays and due to the lack of fresh incentives. The Manila Stock Exchange Composite Index shed 4.89 points to close at 1,091.70. The combined volume at the two bourses rose to 619.61 million shares worth
      91 words
    • 150 23 STRONG afternoon buying helped New Zealand shares partially recover from a heavy selloff in morning trade, but prices were still considerably weaker by the close of business. Brokers attributed the initial weakness to Tokyo's near four per cent fall by noon, which the market shrugged off with a
      150 words
    • 90 23 PRICES on the Jakarta Stock Exchange fell sharply yesterday, bringing the index 27.43 points down to 654.51, but turnover rose to 1.31 million shares from Wednesday's 1.29 million. Paper producer Tjiwi Kimia was the most actively traded at 308,200 shares, but it fell 200 rupiah to 12,800. The blue-chip
      90 words
    • 779 23 Hongkong SHK Ppt War 90 14.30 0.10 14.30 14.20 60 Sino Land 0.465 unch 0.475 0.46 4390 San Miguel 4.05 -0.025 4.075 4.05 113 Shaw Brothers 3.875 +0.05 3.925 3.875 154 Sum ma Promet 0.147 0.001 0.148 0.146 5600 Sino Realty 0.445 unch 0.455 0.44 3528 Sing Tao 2.10 -0.025
      779 words
  • Page 23 Advertisements
    • 239 23 The Hongkong, Seoul and Taipei markets were closed yesterday The Bombay report was not available at press time. NOTICE NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ALVARONA PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a
      239 words
    • 75 23 m tvutfr tm.H\ FLOWERS When it comes to creative flower arrangement, here's the perfect way to blossom. In Touch With Flowers teaches you all the skills of creative flower arrangement with simple, beautifully illustrated instructions How to choose flowers, foliage, vases and look after your display. r »iiw> ifjk. I
      75 words

  • WORLD STOCK MARKETS
    • Wall Street retreats but ends above day's lows
      • Article, Illustration
        926 24 US STOCKS skidded but ended above their lows on Wednesday as the market partly discounted a rumour that an unnamed Japanese financial firm may be facing a liquidity crisis. The Dow Jones Industrial Average ended the day down 17.34 points, at 2,719.37. With 160 million shares changing hands,
        926 words
      • 205 24 DUTCH STOCKS started weaker yesterday but soon recovered slightly in a jittery market due to the price plunge on the Tokyo Stock Exchange. The CBS All-Share Index added 0.3 to 116.7 points, helped by gains in the index for local shares while international stock retreated. Other markets in Europe,
        205 words
      • 198 24 BARGAIN-HUNTING propped up West German shares in late session yes- terday, buoying prices enough to nearly reverse the market's early falls. The DAX Index of 30 leading shares fell as much as 0.9 per cent to an intraday low of 1,945.28 in early trade, but it recovered steadily to
        198 words
      • Article, Illustration
        798 24 LONDON share prices were slightly lower in lacklustre trading at midday yesterday, undermined by selling in the absence of news. There was some bargain hunting and profit-taking among selected stocks. At 1115 GMT, the Financial TimesStock Exchange 100-share Index was down 1.5 points, or 0.07 per cent, at 2,230.1.
        798 words
      • 123 24 FRENCH share prices were just under their highs for the day at midday yesterday when Paris's inter-broker computer system failed, halting two-thirds of trade. The CAC-40 Index was 16.17 points above Wednesday's close at 2,017.66 at 1001 GMT, after which no further price changes were registered. It set a
        123 words
      • 121 24 ITALIAN share prices rebounded from losses produced by early profit-taking to end higher overall on the day in moderate trade. Brokers said the late advance, which saw the MIB Index reach 1,000, up 0.10 per cent, was led by banks and the telephone companies. Milan Apr 4 Lire Ass
        121 words
      • 212 24 SWISS SHARES traded easier but above the day's low at midsession yesterday. The all-share SPI Index stood at 1,068.4 points, 1.8 points under Wednesday's close. Zurich Apr 4 Fn«ci Actions Suisse* Alusuisse Br. 1135 +15 Alusuisse Reg. Brown Boveri Br 5350 +175 Ciba Geigy Br. 2890 +20 CibaGetgyPC 2570
        212 words
      • 463 24 Brussels Apr 4 Frmacs FORWARD MARKET Acec 4630 -60 Arbed 5180 +230 Astur 1464 2 Brascan Canpac 726 -4 Cock 206 +1 De Beers 728 unch Ebes 4250 +10 Gb-lnno-Bm 1286 +12 Gevaert 8500 +110 Gr Bru Lamb 3980 unch Hobok Petro ***** -75 Ryl Dutch. 2675 +35 Sidro SocGenBelg
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  • Page 24 Advertisements
    • 92 24 It could be a controversial deal between two stock market stars, a though tr provoking report by university >/ researchers on the latest trans-European jr+rf FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature
      92 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1206 25 FOREX MARKET REPORTS THE JAPANESE yen staged a strong recovery against major world currencies yesterday as the week drew closer to tomorrow's Group of Seven finance ministers meeting in Paris. In Tokyo, the yen ended sharply higher against the US dollar and the
      1,206 words
    • 389 25 Cross rates Apr USS SS MS Dm Yen SFr AS NZS USS 1.8765 2.7260 1.6985 158.15 0.6088 1.5020 1.3080 1.7256 SS 0.5329 1.4527 0.9051 0.8428 0.3244 0.8004 0.6971 0.9196 MS ***** 68.84 0.6231 ***** 0.2233 0.5510 0.4798 0.6330 Dm 0.5888 1.1048 1.6049 93.11 0.3585 0.8843 0.7701 1.0160
      389 words
    • 563 25 Interbank rates S$ Bid Offer Overnight 5 3/4 6 1-month 6 1/4 6 3/8 2-month 6 5/16 6 7/16 3-month 6 5/16 6 7/16 Overnight mode: 4-3/4 LSS Bid Offer 7 days 8 5/16 8 7/16 1 month 8 5/16 8 7/16 2 months 8 3/8 8 1/2
      563 words
    • 377 25 Reuter AGGRESSIVE intervention by Taiwan's central bank to fight depreciation of the local currency has been successful because of its size, bankers said. The central bank sold between US$5O million and US$lOO million daily in the first two months of 1990 to prevent
      Reuter  -  377 words
    • 1401 25 SIMEX EUtOOOLLM Open High Low Sett Est Vol Op/Int Vol Jun 90 91.44 91.46 91.40 91.40 ***** ***** 2221J Sep 90 91.31 91.35 91.29 91.29 4372 4581 453 Dec 90 91.14 91.15 91.10 91.10 940 2669 299 Mar 91 91.04 91.05 91.02 91.01 235 445 45
      1,401 words

  • COMMODITIES
    • 334 26 Reuter NATURAL rubber prices look set to stay around current depressed levels as production rises in Thailand and Indonesia and demand remains fairly weak in both the West and the socialist countries, London dealers and analysts said. But the potential for any significant fall
      Reuter  -  334 words
    • 154 26 AFP GHANA, the world's thirdlargest producer of cocoa after the Ivory Coast and Brazil, has welcomed the extension of the 1986 International Cocoa Agreement (ICA) for another two years. The International Cocoa Organisation (Icco) council agreed last month, among other decisions, to extend the 1986 cocoa
      AFP  -  154 words
    • 281 26 Reuter INDONESIA, the world's largest rubber producer after Malaysia, can cope with falling rubber prices and sees good prospects for both export and domestic demand, a leading industry official said. "The markets are already there, and here we have the competitiveness," the executive director of
      Reuter  -  281 words
    • 854 26 REPORTS THE price of tin firmed another five sen to M$ 17.95 per kg on the Kuala Lumpur Tin Market (KLTM) on continued buying support. Traders were still covering their short positions which they had committed for nearby months, one broker said.
      854 words
  • 1462 26 Rubber Aprs ■WIWIiMii) Scents/kg Noon Clone Int I RSS Prompt 153.25/154 25N 153.75/154.75 Int I RSS May 90 156 25/156 75 I56.7V157 25 Int I RSS June 157.50/158.00 *****/158 50 Int 2 RSS OP 151.50/153 50N 151 50/153 50N Int 3 RSS OP 146 00/148 OON 146 00/148.00N Int
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  • Page 26 Advertisements
    • 663 26 NOTICES REGIONAL INSPECTOR We invite a suitably qualified candidate to join our Inspectors' Team. The Team is responsible for the inspection of our branches in the Asia Pacific Region. Mm 4 years of international banking experience Must possess an analytical mind, good communicative and report writing skills Mature, imaginative and
      663 words
    • 481 26 THE COMPANIES ACT, CHAPTER 50 Section 290(2) (b) NOTICE OF RESOLUTION PRIME COMMERCIAL HOLDINGS PTE LTD (In Members Voluntary Liquidation) At an Extraordinary General Meeting of Prime Commercial Holdings Pte Ltd held on the 2nd day of April 1990. the following special resolutions were duly passed RESOLVED: 1) That the
      481 words
    • 15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 1019 27 City FHgtrt ETA Flight ETO *hu Dhabi SR187 1955 GA890 2240 FA970 2255 I I SQ225 2215 RJ182 1445 RJ183 2320 Amstsfdim KL835 1415 KL836 2115 SQ23 1810 SQ24 2200 QF16 1820 GA890 2240 Athens SQ31 0825 0A471 2205 ImMmi TE25 1800 BA11 1455 SQ338 1925
      1,019 words
    • 644 27  -  LETTER FROM TOKYO By Kazue Suzuki A NUMBER of Japanese have joined forces to try to stop a tour company, partly owned by the city government, from giving tours of a section of Tokyo once known for its debauchery that include a simulated encounter with
      644 words
    • 154 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.426 1.4460 Canadian dollar 1.5900 1.6100 NZ dollar 1.0730 1.1130 Sterling pound 3.0730 3.1030 US dollar 1.8740 1.8840 Local dollars to 100 units of foreign currency Austrian schilling 15.30 16.30
      154 words
    • 121 27 Duration Title Venue OifMMMT Tel Duration Title Venue Organiser Td Mar 31- International Ban. Fieri Dei (39)80/*****1 Apr 5-8 Children's Book Bologna. Ente Autooomo (39)51/2*2111 Apr 8 Fair for Leisure, Italy Levante Fair Italy Per Le Fiere Sports. Tourism Di Bologna Apr 3-8 International Helsinki TV Finnish
      121 words
  • Page 27 Advertisements
    • 63 27 TThe bu<ineM pervwi'i choice every Tuesday. I f J M 111 1 Thunday, Saturday and Sunday. LeavineChanti II I I II I II I Airport at 21:55 hours and arriving at Later B. J I J I X. J Peanon International Airport the following day. Call your travel agent or
      63 words
    • 22 27 I I > BliiH TjßSii-iViSi-kBTa |pr SGK Fl JT fc, i L li M*z A Chris Lint, Hotel Properties flSp| ON SALE NOW
      22 words
  • Page 27 Miscellaneous
    • 182 27 27 Fear keeling over in considerable flow of water (7) pared to accept nothing (7) YESTERDAY'S SOLUTION 28 A Greek character set 8 Put off a fellow could against alcoholic drink (7) be cleaner! (9) 29 Showing firm backbone, a |3 Repeat a single note on FIBMIiXMTIMpBjFMRpB trainee's colouring (9)
      182 words
    • 228 27 Singapore OUTLOOK; Showers ow several areas in the late morning and afternoon Report for 24 hours prior to 7.30pm on Apr 5 at the airport: Max temp 32.4 Assoc humidity- 68 Min temp 24.1 Assoc humidity 95 Hrs of sunshine 3-00 Painfull in nun 10.1 Rainfall this mth 10.9 Rainy
      228 words
    • 52 27 R-EWWWTOJStIW so IT*vS R sTpTel u>*eN v^<e v» tm iffi it>r thptt anVonc > to PaReR cu*s VT'S INICR€D>BLC TMe UJP*Y >bu ari, ,5? 1 VHOLD NO feP&S Fo£ SP V4fetJPLj& C4_\PS W < IT rouST \i u TfK&zsl OF PRACTiCe.J. V <;r x -6#-^, J Jo 'o EVENING STANOAKO
      52 words

  • 378 28  -  From Shoeb Kagda in BOMBAY SINGAPORE electronics firms have indicated interest in playing a major role in the development of a Science Park in India. The park, to be located about 200 km north of Bombay, is envisaged by the Maharashtra
    378 words
  • 385 28 AFP, AP A JAPANESE policy group yesterday strongly criticised the US for failing to come to terms with its economic decline and its reluctance to share global power with Japan. But the group, headed by former foreign minister Saburo Okita,
    AFP,; AP  -  385 words
  • 160 28 PENANG is stepping up efforts to be a major financial and commercial centre by encouraging multi-national corporations to set up their regional headquarters in the state. The Penang Development Corporation's manager for industrial, tourism and trade, Karam Singh Dhillon, said yesterday that
    160 words
  • 42 28 US billionaire whiz-kid Donald Trump has accomplished yet another sleight-of-hand feat transporting the Taj Mahal from Agra to Atlantic City. His Taj Mahal hotel and casino, several neon bulbs brighter than the original, was officially opened yesterday.
    42 words
  • 224 28 Bernama THE MALAYSIAN property market, which has shown a swift and strong recovery of late, is now heading for another boom, an international property consultant said in Kuala Lumpur yesterday. The managing director of CH Williams, Talhar Wong Sdn Bhd, John Loh, said
    Bernama  -  224 words
  • 224 28 Agencies JAPAN has proposed setting up a task force to help boost sales of foreign microchips to Japanese car makers, a US trade official said in Tokyo yesterday. Over in Washington, President George Bush yesterday credited Japanese Prime Minister Toshiki Kaifu with
    Agencies  -  224 words
  • 307 28 AFP, Reuter BUSINESS LEADERS in Hongkong have welcomed a British Bill that would provide up to 225,000 Hongkong citizens with British citizenship, but the colony's largest newspaper warned yesterday that the measure could demoralise the civil service. The Bill, published on Wednesday in
    AFP,; Reuter  -  307 words
  • 299 28 Bernama THE US loses millions of dollars each year because of trade barriers erected by Malaysia, according to a US government report. The 1990 US National Trade Estimate Report on Foreign Trade Barriers said Malaysian tariffs on processed and high-value agricultural products,
    Bernama  -  299 words
  • 181 28 AFP A GROUP of prominent Indonesian business leaders has begun talks with various institutions over a government call to share their wealth with cooperatives. In talks with Cooperative Minister Bustanil Arifin, the group of IS businessmen, including tycoon Liem Swie Liong, proposed on
    AFP  -  181 words
  • 237 28 Reuter GOLD PRICES rebounded strongly from an unprecedented fall in India after the government confounded market expectations and maintained a ban on gold imports. Gold prices in Bombay jumped by 100 rupees to 3,300 (US$l9O) per 10 grams on Monday a rise
    Reuter  -  237 words
  • Page 28 Advertisements
    • 263 28 <*-.-=;,\%>^~?!>%;(|_*,?,.`{?/= frapp Mpffljajji I CONTAMINATION I PROBLEMS... I What causes food spoilage and food poisoning? a. factor? Dirty utensils? Contaminated food supply? I AND/OR harmful airborne micro-organisms and < spoilage bacteria in the air? The first three causes can b ACTFd r possibly be aoK/ed by rules and implementation but
      263 words
    • 85 28 0» BE THE ENVY OF CAR OWNERS Visitors/ VIPs in town? Vehicle under repair? Urgently require a car at short notice? At AB, we have just the vehicles for all your rental requirements. Sparkling clean vehicles Latest luxurious models Competitive rates Daily, weekly, monthly, yearly rental Self drive or chauffeur
      85 words
    • 17 28 Tobacco giants nnsding into Third World, Pg 8 Call to allocate shares to village co-ops, Pg 7
      17 words

  • SHIPPING TIMES
    • PORTSIDES
      • 95 29 Seatrade Week THE NEED FOR DIRECT shipping links between the Philippines and Vietnam has been highlighted by a 160 per cent expansion in their bilateral trade from US$l2.4 million in 1988 to U5532.2 million last year. A further improvement is expected in 1990 with the
        Seatrade Week  -  95 words
      • 125 29 Seatrade Week ATTEMPTS BY ANZESC to restructure its tariff for Asian exports to Australia are drawing a chorus of protest from shippers in Manila and Hongkong. The Philippine Shippers' Council says that the plan to reclassify Filipino shipments to Australia into 10 major product
        Seatrade Week  -  125 words
      • 62 29 THE STATE-OWNED port authority Perumpel II is scheduled to conduct a trial run on containerisation at Pontianak port in West Kalimantan in May. Achmad Zumahuddin, chief of Perumpel ll's branch office in Pontianak, said the trial run could only be conducted next month because of
        62 words
      • 52 29 AFP FINNISH SHIPPING FIRM Nordictanker, based in the Aaland Islands, has ordered a 280,000-tonne oil tanker from South Korea for US$BO million, an informed source said. The ship would be 500 metres long and 60 wide, and would be delivered in June 1992,
        AFP  -  52 words
      • 44 29 Reuter AVONOALE INDUSTRIES INC said the US navy has formally awarded a U*****.4 million contract to construct an oceanographic survey ship, T-AGS 45. Work on the new vessel will start this year with delivery scheduled for November 1992. Reuter
        Reuter  -  44 words
      • 78 29 AFP JAPAN'S SECOND LARGEST airline. All Nippon Airways (ANA), has sent a mission to Austria, Hungary and East Germany in a bid to open air service, company officials said on Wednesday. The seven-member ANA mission will hold negotiations with authorities in the three
        AFP  -  78 words
    • 147 29 THE CHARTERED Institute of Transport (CIT) will hold a talk on "Surface transport of general cargo, who will survive?" on April 11. Mr Ole H Dyrhauge, managing director of Trans-Link Express, will look at what is in store for freight forward- ers at
      147 words
    • 247 29 THE DEVELOPMENT of Thailand's second deep-sea container port at Laem Chabang has run into a hitch with contractor Italian-Thai Development demanding 79 million baht for additional work The extra expense, according to Italian-Thai, was to defray the cost of blasting solid bedrock
      247 words
    • 1058 29 p oge Column A«C C<XHO<M<4M Tkrloo* 5 A«M S*d T o* 3 5 •Mw Sm «o J ANrod C Tooo»or FooMoo* 5 Akro*»<ol Iw MIW S AfC l*o Art M J-J A/S 'ourloo* I Arxouro 1*0 l'*«« 4/5 Arrow l*o> N.«o 5 ASC 2 AMK E«0<OU S<«
      1,058 words
    • 350 29  -  By JEAN FOONG WITH AN EYE on the growing Indian Subcontinent trade, Singapore-based Baltic Orient Shipping has started two services from Singapore to Madras and Calcutta. The line has also invested some US$6 million in 200-FEU (40-foot equivalent units) reefer containers for
      350 words
    • 260 29 ONE OF South Korea's major shipping companies, Hanjin Shipping, is to introduce a round-the-world containership service by mid-1991, says a Fairplay report. The move will follow a split with Cho Yang Shipping Co Ltd, Hanjin's partner on an independent Far East to Europe service. The
      260 words
    • 235 29 JAPAN'S "K" Line will launch a weekly doublestack train service known as the Azteca Liner Service between Mexico and the Far East, including Japan, from April 23. The Manhattan Bridge will launch the service in Long Beach the previous evening. Westbound, it will
      235 words
    • 243 29 THAI AIRWAYS International plans to double the capacity of its air cargo handling terminal at Bangkok Airport. The existing terminal, opened in 1986 as part of its "Cargo Village" complex, comprises 26,000 sq m of covered space. It was designed to
      243 words
    • 1781 30 The Van Ommeren Ceteco (VOC) Group represents a formidable force with a wide range of transport interests. It is now rapidly increasing its involvement in the provision of logistics packages, especially to European importers, and to shippers in the Far East and
      1,781 words
    • Ships in Port
      • 2276 30 AT CONVENTIONAL WHARVES Ho *fl Woon ***** M,c g 504 2300 06 04/ 2300 AI V/UNtCNIIUNML HnMnVCO uxw K.«q 12/90 vua 0604,0900 0604/2100 Mori No 02/90 M38 0604/ 1000 0704/ 0300 VhnI Voy No BarthArrival Departure m,h,oo2 me M4B 0604/otoo 07 04/ otoo Puronogo I 4 90 M4A 0604/
        2,276 words
      • 254 30 Port Klang South Port Mutia Hayu berth 4; Hong Soon II berth 5; Pernas Safari berth 7A; Stolt Cedarwood berth ECT KCT: Perkasa berth 8; Ned Dejima berth 10 Kris Lemona berth 8; Eagle Dawn berth 9 North Port: Alam Tenaga berth 12; Tian Lin berth 16; Analex berth
        254 words
    • 798 31 DRY cargo freight market rates continued to fall on Wednesday, with few significant fixtures reported, brokers said. Downward revisions to the three major heavy grain routes took the Baltic Freight Index (BFI) to 1.499 points, down 14. Changes were based on business earlier in the week, with a
      798 words
    • 12437 36 AARHUS VIII* da Vaga. CM D ANratamant. April 5 Lie* Maarsk. Maarsk Line. April 8/7 Ming Hop*. Yang Ming Lin*. April 7. Noraala Samantha. SaaLand/Noraaia. April 7. Ming Propitioua. Yang Ming Line, April 9. Alaska Maru. Trlot. April 10(PK). Had Oaltt. ScanOutch.
      12,437 words
    • 436 44 THE HONGKONG Shippers' Council, backed by 13 major trading organisations, wilt move its cargoes with independent liners following a rate dispute with the Far Eastern Freight Conference (FEFC). The South China Morning Post reported on Wednesday that the trading organisations were banding together to protest
      436 words
    • 261 44 Reuter OCEAN GROUP pic's three main businesses freight, marine and environmental services provide a sound base for future expansion after a strong performance in 1989. "Good underlying growth in our main businesses was reinforced with strategic acquisitions in the UK, Europe
      Reuter  -  261 words
    • 115 44 AP SOUTH KOREA and China, in a sign of improving relations, have agreed to start car ferry services between the two countries before the Asian Games in Beijing in September, officials said yesterday. They said the accord was made recently when a group
      AP  -  115 words
    • 545 44 Bunker quality report Issued on 02.04.90 Density Water Cerfeon Ash Aluminium Sediment Reeldue KQ/M*3 V/V M/M M/M PfS MM Exxon ISO/CI mac limits Spec E2S 991 1.0 15.0 0.10 30* 0.10* Spec G35 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Avo 981 0.3 13.1 0.05
      545 words
  • Page 29 Advertisements
    • 72 29 SWEE HENG METAL CO PTE LTD 13. TUAS AVE 14. SINGAPORE 2263 TELEX RS ***** SMMCPL TEL: 861 5855 (5 noes) TELEFAX: 861 2946 *y C r uJnS&' Contain* Handlwt and 7 9 OpMlf A HH HI ■lEs-« Warehoue# Truck* ft* OW Pal»« Truck* Alto tKiy S«I ranial S r«pa«
      72 words
    • 19 29 Lines and services represented by Members of the Registry of Accredited i Shipping Agents, Singapore National \vßanflßr»/ Shipping Association.
      19 words
    • 196 29 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING Vessel/Vov SIN MAA CCy, INGER RMS 02 10/4 17/4 SUPER EIGHT 01 09/4 16/4 CALL: *****71 (See Page 13 Column 4). INSIDE Focus on VOC A MEASURED and individualistic approach which is being taken by the Van Ommeren Ceteco (VOC) Group is indicative of the
      196 words

  • Page 30 Advertisements
    • 47 30 TUGBOAT "PACIFIC TIDE NO. 3" BUILT MAY 1976 NKK CLASS 10,000 BHP PANAMA FLAG VESSEL OPEN SINGAPORE 10TH/17TH APRIL AND OWNERS KEEN TO TOW BARGES/BOATS/FLOATING OBJECTS, ETC, ETC. TO WEST COAST INDIA OR MIDDLE EAST. CAN OFFER COMPETITIVE RATES. PLEASE PROPOSE TO TLX. R*****4 TRDCHT FAX. *****28
      47 words
    • 150 30 NOTICE TENDER NOTICE Sealed tenders are invited from the experienced/reputed shipchandlers who are having at least two years of practical shipchandling experience with shipping companies of repute and preferably members of international ship suppliers association for the supply of deck/engine/saloon stores. To our owned/managed/chartered vessels calling at Singapore on contract
      150 words

  • Page 31 Advertisements
    • 2137 31 200 Cantonment Road #12 05 Southpomt. Singapore 0208 Mill/ Te) *****11 TELEX NO RS 24m Rfßail TERMINAL CFS Tel *****18 220 W? fimi bookings t»i *****34 235 L VAV .J PESAKA JARDINE shipping agencies PORT KELANG TEL *****18 NO MA***** MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6
      2,137 words
    • 2267 31 VNMI Voy ETA ETO "Port "Penang DESTINATIONS S<ngapor« Th«e mmmk M Feeder by CV 11/4 0300 MRS M Farco A MHipHHHI HI HHIIHfI IB CFS 10/4 1700 MRS M Tauro OAK LQB MOO MEM ATL MIA CMS BAL PHL NYC MON TOR MARCHEN M 9004 11/4 12/4 Sid 7* 28/4
      2,267 words

  • Page 32 Advertisements
    • 1197 32 ROTTERDAM/ VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE ALASKA MARU 10/543 10/4 12/4 30/4 2/5 4/5 5/5 7/5 TOKYO BAY 97/542 16/4 3/5 5/5 7/5 8/5 10/5 HEIDELBERG EXPRESS 06/546 17/4 20/4 8/5 10/5 12/5 13/5 15/5 OSAKA BAY 93/545 19/4 14/5 8/5 10/5 7/5
      1,197 words
    • 623 32 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT CAPE MALEAS 7/5 18/5 20/5 27/5 30/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO CAPE MALEAS 7/5 10/6 14/6 17/6 19/6 Ag«nta: 17 SINGAPORR: 223X100 S JAYA-BOOKINGS: *****08 JOHORE: 07 2128.2^ NORTHBOUND TO UKC S PORE RDM/ADAM HBG HULL(UK) TAUSALA SAMOA
      623 words
    • 1439 32 ESS MMUKA iIR REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9005 3 06/04 11/04 23/04 28/04 30/04 02/05 04/05 05/05 06/05 07/05 08/05 NORASIA SUSAN 9006-3 13/04 17/04 29/04
      1,439 words

  • Page 33 Advertisements
    • 1610 33 SrgSteamers Maritime Holdings Ltd W -_> pjg,n flflV STRAITS SHIPPING **V/ f r j Umtmn la Brawl East Malaysia, Wk Containers B Vl ACCEPTS DUE SAILS S'pere P Klang S ton N°kur| B haven R dam Ltd rOtACA lAT AW *04 24/04 WW 2*W »M OUOS WnliU ALASKA maru I(WW
      1,610 words
    • 1817 33 TO: EUROPE TO: FAR EAST SP IH ROM HAM BRE FIX SPORE HK KAO BU CHOYANG SUCCESS OMW 11/4 1/5 2/5 iii V 5 4/5 HANJIN ROTTEROAM 0071 H* *4 11/4 15,4 HANJIN TONGHAE 073W 21/4 M 10/5 U/5 13/5 14/5 CHOYANG CHANCE OftE 12/4 IC/4 l«/ 4 2C/4 HANJIN
      1,817 words
    • 352 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSWC AMBALIKA ASEAN PIONEER TRADER VOY. NO 4 54 1 Spore Sid 10/4 27/4 P. Kelang 16/4 30/4 Penang Hong Kong 5/4 Yokohama 14/4 11/5 20/5 Nagoya 12/4 9/5 14/5 Osaka 10/4 7/5 IC/5 Senboku Kashima Funabashi 'For Discharging Only
      352 words

  • Page 34 Advertisements
    • 652 34 L hia DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD F T. 6ESURI LLOYD F.T. SAMUDERA INDONESIA P.T. TWKORA LLOYD CR NBR **********0-D EXPRESS SEMI-CQNTAINERSHIP SERVICE VSLjVOY S PORE R DAM; H BURG BREMEN ANTWERP ADAM S.PANJANG/2SWB 22 25/4 23/5 27/5 1/6 3/6 MATARAM2SWB 30/4- 2/S 5/6 10/6 2/6
      652 words
    • 824 34 (3) HANJIN SHIPPING I Vny <9 FULL CONTAINER SERVICE ra'r-'.r "jr* ■jr'sr SVrss,, z IheEs HANJIN TONG HAE 0/3W 21 4 9/5 10/5 11/5 13/5 14/5 S ,?V*f2E£L 2 Sfi 2£ X 5 "5 HANJIN ROTTEROAM 008W 28/4 16/5 17'5 18/5 20,5 21/5 HANJIN LE HARVE 00,1 23/4 H CHEJU
      824 words
    • 1509 34 I. H C KSC *LC PUS MKT OSK TTO BAI LMV AN* ROM FIX HK MP fl EVER GATHER w UK IV MD 17/4 UN 21/4 N/4 I*s W» ,J§ *fc ever grace 11/4 m vn w* w w* mn m w ,25 H2 TS EVER CLEAMY 1M 17/4 2*4
      1,509 words

  • Page 35 Advertisements
    • 1327 35 PACIFIC INTERNATIONAL LINES (PTE) LTD gg PIL Building, 140 Cecil Street #0300, Singapore 0106. I JAKARTA I I BANGKOK I ucttc vnv SIN J'KT SIN VESSEL VOY SIN BKK SIN X|f?A yAS HfS 0/4 10/4 14/4 *OTA JAOE 23N 0/4 11/4 IS/4 KOTA MELATI MB 11/4 13/4 10/4 PEGASUS PROGRESS
      1,327 words
    • 1129 35 r BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fa*: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [vqv SP PK STON HAM B HAVEN ROAM HAVRE Tolaga Bay 09/540 Sated 6/4 24/4 27/4 28/4 26/4 25/4 Hamburg Express 95/539 OMIT
      1,129 words
    • 505 35 Ml MYANMA FIVE STAR UWE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.Kelang Penang Bangkok HPAAN VIOW MO Apr PAGAN VISSW mi APR PATHEIN VlOl 24/30 APR MYOKA TWA VI2S 25/21 APR MERGUI VJJ 15/20 MAY THE BANK LINE (A »«rvlc« of Andrew Weir Shipping) wr SEMI-CONTAINER SERVICE
      505 words

  • Page 36 Advertisements
    • 562 36 IRANIAN SERVICE Singapore Loading for:A VSL MID Banda Abbas (National Line Of Mexico) U.S. WEST COAST MEXICO /CENTRAL AMERICA CONTAINER SERVICE HKG LB ENSfNAOA L CAROCNAS S CRUZ MAN2ANILLO TOIUCA V-10 3«3 22/4 Hl* 2M »4 M WTAL «4 M U/5 OAXACA VU 11/4 lis 14/5 110 20,5 25/5 NOItCIOS
      562 words
    • 386 36 HYUNDAII MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SLA FROM PSW LBH OAK SEA HKG SIN HYUNDAI COMMANDER IK 1» W M HYUNDAI EXPU>RfR 2SW 1203 1503 IW3 05W 1204 HYUNOAI PIONEER 31E 13/04 IMM 07/05 10/05 1305 HYUNDAI COMMANDER 19K
      386 words
    • 296 36 St\ OEC CONTAINER FREIGHT VJ/ SYSTEM (S) PTE. LTD. (AGENT FOR TOP NVOCC ORIENT EXPRESS CONTAINER CO LTD) Fixed Weekly Consol on ANERA Lines To All Points In USA via LA/LB. SINGAPORE ETD LA/LB SFO SEA NYC BOS TO 12/4 5/5 9/5 7/5 13/5 13/5 19/4 12/5 16/5 14/5 20/5
      296 words

  • Page 37 Advertisements
    • 742 37 riMK I"TK l-TO FCL/LCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —15/4 TOKYO —12/4 LE HAVRE —16/4 LAUTOKA —13/4 KEELUNG —15/4 YOKOHAMA —12/4 ROTTERDAM —16/4 SUVA —13/4 MANILA —13/4 KOBE —12/4 UK PORTS —16/4 BANGKOK -14/4 AUSTRALIA -16/4 EAST AFRICA BUSAN —13/4 irnf 13/4 GOTHENBURG —16/4 p LOU|S _2Q
      742 words
    • 718 37 ,y Nedlloyd WE GIVE YOU THE WORLD M!?*«/) Nedlloyd Lines r NEW ZEALAHO/FUI EXP RT/IMPORT HUB 9 VESSEL Jkt PK| »Pen *Bkk Sin Sbaya Auckland Fiji(A) N PtymouttKA) Ti««ni LySTtwuß) Dunedin(B) A«Bi«r Tauran«j N RDctiester/9006 li/4 14/4 11/4 11/4 13/4 18.4 1/5 W 3/5 3/5 4/5 4/5 6£ 7/5 *5
      718 words

  • Page 38 Advertisements
    • 1079 38 BiIiSUH VOY *INDO 'PK/PNG fsCP LB CHLS NFK NYC HFX QiOCL FREEDOM 30 9/4 10/4 12/4 5/5 15/5 17/5 19/5 23/5 ®CL FAITH 19 22/4 21/4 19/4 12/5 22/5 24/5 26/5 30/5 OOCL FRIENDSHIP 19 23/4 24/4 26/4 19/5 29/5 31/5 2/6 6/6 IfEPTUNE JADE 24 30/4 1/5 3/5 26/5
      1,079 words
    • 740 38 ETD SIN (1 DAY) MIOAY) Ml DAY) [MENA~ 09/04/90 PORT KELANG Dkttrttny [VICTOR TWICE/WKLY BOOKING CONTACT w ETD SIN (3 DAYS) (2 DAYS) (1 DAY) 08/04/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY hA TWICE/WKLY [ETD SIN (6 DAYS) MIDAY) H DAYS) KOJgCOjJACT I i I Y 08/04/90 BUSAN MANILA NAGOYA SERENE/SITI
      740 words
    • 273 38 Continental Pacific Shipping jr TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOAOINC FOR ARTEMISION Sid SETE/RDM/ANT/FIUfUK BYRON V m 1274 1M SETE/RDM/ANT/FLU/UK ARBELA M SETE/R OM/ANT/FLU/UK load! Sabah Indonesia ®MULTIPORT AGENCIES (S) PTE. LTD. TEL: *****77 FAX: 224*31 PJC. MULTIPORT SON BMO TEL: 9M2MN TLX: MA 3977 C
      273 words
    • 673 38 I GOLDEN LINE %XLV\ GUAN GUAN SHIPPING (PTE) LTO TTNC. N -4 a, Ttiok Ayer Street SINGAPORE 0104 TEL: *****00 (10 LINES) Fax *****04 STRAITS/PERSIAN GULF SERVICE: S'pore P Ketone Pen»nj GOLDEN HAVEN Colombo, Kjricto/Dub* HO Apr GOLDEN BEAD Cetonbo/Karacte/Dutw 26/21 Apr CHINA SERVICE ru QINC Huangpu/Shanifcti I*l6 Apr OAI
      673 words

  • Page 39 Advertisements
    • 1965 39 NEPTUNE AGENCIES PTE LTD SINGAPORE jT. (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 USA *****16, FAR EAST *****48 Documentation: *****44/*****14 Terminal: *****22 CPS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA Jr K.L.-*****33, P.Kelang-*****87, Penang *****0, J.Bahru-*****3, *****4 VSL/VOY PKN PKU SUP MOTHKK VSL/VOV SGP LKH
      1,965 words
    • 1399 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 rj; Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KNANG f KCLANC MESSRS MAI TMONG SNIPPING 127 PtftM Strtrt. Ptnaoi Mttoyw UTS NANOLING SYSTEM CO
      1,399 words

  • Page 40 Advertisements
    • 765 40 «0V A. TT VI TV r mll "lag) I DSR LINES VEB OCUTFRACHT/SEEREEOEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE A. TO EAST MEDITERRANEAN JJ NORTH CONTINENT EUROPE H Vl OUTBOUND SIN ICA ANT RDM HBG RST RUEBELAND 2/90 lilM 30/04 I*os I*os 12/05 13/05 W ULBRICHT 4/30 01/06
      765 words
    • 1484 40 UKC CONVKHTIONAI MKMVICK (ms*l P KLC PNG P C Lojdin* for rONCCHUAN »3 RottertMVAntwp (ANCCNUAN 2*/4 Rottwttom/Antwwp CHINA rULL COMTAINm «nvw» /•SMI PKL PNG SPOKE BKK HKC SHA QIN LYG WEI HE DO 27/J 2*3 31/3 M W IANG FANG KOU 125 31/3 2*3 5/4 1114 I*4 20(4 tcctfrting FCL
      1,484 words
    • 560 40 V 1 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE :9/4, 13/4, 26/4, 29/4, 12/5, 16/5 [EUROPE I:To all inland points: VIA
      560 words
    • 528 40 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) VO» Ivor I WWtfWI BAMCWM MAM* BHUM 03M Wed In Pt I S»t 7/4 PIYA BHUM 2HH S«t 7/4 Tut W CM AIT A BHUM 03* Sun 1/4 Wed J U/4 iIRA BHUM* <BN Mot V* Thur 12* MAHA BHUM
      528 words

  • Page 41 Advertisements
    • 1140 41 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 9/4 16/4 A VSL 11/4 17/4 A VSL 18/4 23/4 (Conventional Service) ETA S PORE LOADING FOR BANGLAR PROGOTI 14/4 S.KOREA/JAPAN BANGLAR MAYA 7/4 CTG/MONGLA EAST BOUND SERVICE ETA S PORE LOADING FOR A VSL 30/4 Ummqasr/Baghdad EAST MALAYSIA
      1,140 words
    • 203 41 VESSEL I VOY ETA LOADING FOR SPORE lANOINCT 19W8 VO6 PARESSALAAM MOMBASA DJIBOUTI o t ASSAB MA3SA«A. HQQEIOAH ARRAY WON 2 24W8 03/0® DARESSALAAM MOMBASA DJIOOUT! ABBA T WOfU rtWB IWUO MASSAVKA HQQEIOAH H KIEIi HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL
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    • 617 41 te|_P.T. MASKAPAI PELAYARAN WpuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
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    • 691 41 mo BAY OF BENGAL SERVICES MADRAS ft CALCUTTA mull nr sin *u sin NCTTE RMS 02N90 SALD 12/4 19/4 INGER RMS 02N90 10.4 17/4 24/4 METTE RIIS 03W0 19/4 2C/4 03/5 YEAR BUILD 1989 INGER RIIS Q3N9O 24/4 01/5 01/5 DANISH FLAG MEET! RIIS 04N90 03/5 10/5 17/S INGER RIIS
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    • 370 41 TO AUSTRALIA/NEW ZEALAND v£ Suym hrnrnUt Mm Sr*»r tmmtm MUSUI 245 I*4 EH 55 V 5 H U/5 c vtitoaM mi w* vi 5* lis OH ays *NTW*«N OF U/5 5/5 JVS Si M tut amiss m H Hi 2M 5* Si w 1* DAYS TO SYDNEY! TO USA/CANADA WL
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  • Page 42 Advertisements
    • 713 42 Wwv COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P. Kelang Singapore MURRAYEVERETT Gdn. PPW P4A/7 Apr KAMALEVERETT 21/23 Apr 24/26 Apr THOMASEVERETT 29/ 1 May "EVERETT ORIENT LINE"
      713 words
    • 667 42 FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East t West Coast, Caribbean, East Canada. HAITI Guatemala and HonAiras VSL [S PORE iMAINLINtR [LAX |KST |SAV [NYC |HFX ZIM SYDNEY 10/4 ZIM TOKYO %li 15/9 l«/ 5 20/5 22/5 2IM BRISBANE 12/4 2IM PUSAN I*s 24/5 27/5 21/5 31 i
      667 words
    • 701 42 Msing kwang hang •MPPMQ TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 4/4 7/4 JENWEL 30/3 I I 2/4 VESSEL S PORE BANGKOK A VESSEL 31/3 3/4 A VESSEL 7/4 10/4 DESTINATIONS ETA SINGAPORE PORT KELANG 30 MAR MANILA 2 APR HONG KONG. ALL CHINA PORTS
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    • 475 42 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PELOPOR 936 7/4 10/4 PRASETIA 83A 11/4 14/4 PELOPOR 937 14/4 17/4 PRASETIA 85A 18/4 21/4 TANTO UTAMA 67 11/4 14/4 TANTO UTAMA 69 18/4 21/4 TANTO UTAMA 71 25/4 28/4 TANTO UTAMA 73
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    • 403 42 SIN fAH EAST 8/4 KEELUNG/KAOHSIUNG 8/4 BANGKOK 13/4 MANILA 14/4 JAKARTA 13/4 PORT KELANG/PENANG 10/4 BUSAN 13/4 TOKYO/YOKO/KOBE 9/4 HONG KONG also accepting cargo to Huanmu/Shenzhen/Fuznou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 8/4 LDN/FLX/LVP/SOU 8/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 12/4 L.A./NYC/SFO 12/4 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEALAND 13/4
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  • Page 43 Advertisements
    • 128 43 SINGAPORE SURABAYA/JAKARTA CONTAINER SERVICE VESSEL/VOY SPORE SURABAYA JAKARTA PERMAI I 0034-034 10/4 13/4 15/4 I PERM AI I 0035-035 18/4 21/4 23/4 PERMAI I 0036-036 26/4 29/4 1/5 PERMAI I 0037-037 4/5 7/5 9/5 FORWARDING (SINGAPORE) PTE LTD. SCANDINAVIAN WEEKLY DEPARTURES GOT STO OSL CPH HEL TEL: *****55 (6 LINES)
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    • 318 43 O>J0 >J LAS AIREXPRESS SERVICES PTE LTD Seofreight Service to serve you better For all your Air Sea Freight Call 542 7033 Albert Lim Mike Wee TOTAL SERVICES CAPABILITIES I \rl ffl THE NATIONAL SHIPPING COMPANY Of SAUOI ARABIA REGULAR RO-RQ SERVICE TO MIDDLE EAST VESSEL SINGAPORE P KELANG DAMMAM
      318 words
    • 474 43 VSL DESTINATION ETA SIN PIYA BHUM V 719N BANGKOK 7/4 MAHA BHUM V 04N BANGKOK 11/4 SIRI BHUM V.443N BANGKOK I^4 PIYA BHUM V 220N BANGKOK 14/4 SO ORIENT ISR CEBU. MANILA 11/4 AKA BHUM 14S CEBU. MANILA 4/4 INFINITY SO) CHITTAGONG MONGLA 11/4 O SINCERITY 22A KARACHI BOMBAY OS/4
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    • 506 43 V J TxSA^rrMMT GtiH KL: allied-LINK SINGAPORE: /7JV\ 3&Pr 04r*****2 03-*****55 778 6922(22 lines) (SESA \f Manna On® SwMn Ng/ChrMtna CMm AMea Y»o/Etfh*r Yao m Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY SPORE JAKARTA EDEN 9008 06/04 09/04 DELTA MAS 148N/149S
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    • 265 43 Fs= SM m. DBN RBY I LONDON BRIDGE VOYOBW 07/04 ISAM 23/04 28/04 ■OHFU VOYOBW IS/04 30/04 05/05 OMIT IALS PROSPERITY VOYIOW 24/04 10/06 15/06 OMIT I Accepting FCL lor Johannaaburg VESSEL RBY DSN PTL SIN ALS STRENGTH VOYO6E 02/04 07/04 12/04 22AM ALS ENDEAVOUR VOYO6E 10/04 13/04 18/04 01/06
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  • Page 44 Advertisements
    • 1028 44 Qrajajrai j^^H UK/CONTINENT (TRIO) C KX-.~— «ua«j«..u IS" "iST* ISff" "5"-r" IpMHj SSS&lxmaiS i J$ jg«—— »IUUjH OSAKA BAY W 14/5 1/5 Wp 7/5 up MEDITERRANEAN (MED CLUB)* JEDDAH DflH «1 Piraaut B cvom Ojnoa T ta ALASKA HARD 10|4 21/3 SJ Ts w 1$ 2* mH|n ACE CONCORD [04
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    • 90 44 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73 TLX: ***** WQATE __jIK l The Difference is Quality SOUTH EAST AMA FAB EABT [HONG KONG 9/4 toS ANGELES jMANtLA 13/4 KEE/KAO 10/4 NEW YORK 15rt JAKARTA 14/4 BUSAN 12/4 P KELANG/PENANG M TO YO YO "^V! 1 NAGOYA 10/4 ANTWERP
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  • Page 44 Miscellaneous
    • 140 44 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON APRIL LEGEND P.. Temperature un ers orm Weather Wind direction with speed in knots 7 Shower fj Ro,r Wave height Cloudy Sky Surfoce winds ore indicated by orrows which fly with the wind One fuH circle represents calm or light and
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