The Business Times, 17 April 1990

Total Pages: 42
1 42 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday April 17 1990 75*
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  • NEWS SUMMARY
    • 72 1 A MEMBER of the Chinese Communist Party Politburo yesterday called for a dialogue with the Soviet ruling party in response to what he said was a complicated international situation. "The current international situation is very complicated. Therefore it is necessary for the
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    • 24 1 DBS BANK is renovating its Shenton Way headquarters and building another facility in Tampines to house its support services Page 2
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    • 35 1 THE ASIA-PACIFIC region's trade with the rest of the world rose from US$6OO billion in 1980 to more than US$l trillion in 1988, topping even the European Community's external trade Page 7
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    • 26 1 THAILAND could be the region's leading production base if it cuts government red-tape and improved infrastructure for both software and hardware Page 8
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    • 30 1 THE 16-MONTH-OLD freetrade agreement between Canada and the US is having some unexpected grassroots sideeffects, promoting a wide array of bilateral business and civic partnerships Page 9
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    • 32 1 THE EUROPEAN Community's plan to remove all internal borders after 1992 is being threatened by disagreements over how to deal with migration, asylum, drugs and terrorism Page 9
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    • 26 1 RECLUSIVE silent film star Greta Garbo, who died in New York last Sunday, remained an enigma to the very end Page 17
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    • 22 1 MALAYSIAN shipping company Marina Shipping is eyeing a contract with the national oil corporation, Petronas. Shipping Times Page One
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  • MARKETS SUMMARY
    • 42 1 PRICES opened broadly higher on Wall Street yesterday morning as the stock market reacted enthusiastically to better-than-expected earnings by International Business Machines Corp. The Dow Jones average of 30 industrials jumped 23.88 to 2,775.68 after one hour of trading.
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    • 21 1 WHILE their peak years may be behind them, most companies reported good earnings last year Page 3
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    • 23 1 SIME DARBY has entered into joint ventures in Malaysia and Singapore with a Japanese corrugated products manufacturer Page 3
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    • 21 1 HORIGUCHI Engineering has launched its Sesdaq offering of 10.S million 2S-cent shares at 60 cents each Page 3
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    • 18 1 DBS BANK'S low interest rate policy resulted in record loans last year Page 6
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    • 24 1 DATUK HANAFIAH Hussain has assumed the chairmanship at Bank Bumiputra Malaysia with one strong wish in mind. What is it?. Page 6
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    • Article, Illustration
      27 1 Monday Change BT-MGA 766.08 +1.49 Kuala Lumpur ....553.18 -3.64 Hongkong Gosed Tokyo 28,463.18 -750.74 Sydney Cloaed Thursday Change New York 2,751.80 22.07 London 2,222.1 +6.6
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    • 22 1 Exchang* rates USS S$ 1.8755 Yen (100) SSl.1762 MS SS0.6857 Money market rata* Overnight 5 1/2 -13/16 3-montn 6 9/16% unch
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    • 34 1 I undoii Gold PM fi* closed Rubber S'pore May.... closed M'sia May closed' KL Till Turnover..™. 80tonnes +4 Spot MS 17.21/kg unch Crude palm oH futures Turnover 1,570 lots 1,156 May M$665/tonne -8
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  • 478 1  -  By William Chia AGGRESSIVE governmentbacked venture capital company Transtech Venture Management is in the lead among several Singapore companies keen to acquire a stake in giant, listed Hongkong video educational toy manufacturer, Video Technology. Transtech and the other Singapore companies, operating
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  • 192 1 Reuter THE ONCE-MONOLITHIC Soviet Communist Party appeared on the verge of a formal split yesterday as Pravda, the party newspaper, fiercely attacked radical reformers, demanding they quit rather than divide ranks. The newspaper said a reformist wing, under ambitious leaders and waving the
    Reuter  -  192 words
  • 136 1 AP LITHUANIA yesterday called ministers and parliamentary leaders to crisis talks in the face of a threat by Moscow of an economic blockade if it did not back down from a declaration of independence. A Lithuanian Parliament spokesman said in the capital city, Vilnius, that
    AP  -  136 words
  • 85 1 SARAWAK, hoping to speed up its pace of economic development, is looking to Singapore investors for funds and expertise, says Chief Minister Datuk Patinggi Taib Mahmud (right). With its abundant timber resources, the state is particularly interested in attracting Singapore's wood-based industries. It also hopes, with
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  • 112 1 SHIPPING TIMES will be relaunched tomorrow, with a new look and format, as the Transport Communications section of BT. The section will be increased to 18 pages daily, with coverage extended to air and land transport plus com- munication news. Shipping will continue to
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  • 524 1  -  By Elaine Koh THAI OFFICIALS have decided to lease out only part of the Orchard Road site for commercial development and keep a portion for their diplomatic mission, after making an unsuccessful bid to acquire additional land in Singapore. Eager developers like the EIE
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  • 356 1 AFP THE COLLAPSE of Japan's financial markets has left businessmen pessimistic about the domestic economic climate but still confident about the ability of their companies to brave rough times ahead, according to two surveys published yesterday. Some 40 per cent of company bosses
    AFP  -  356 words
  • Page 1 Advertisements
    • 289 1 Nikon The World's Finest Photographic System. RETHINKING ANTITRUST WEAPON 10 COMPAQ TO SET UP R&D FACILITY 12 CRASH KEEPING UAL FROM SOARING 14 Aircraft Schedule 27 Money Market 25 Weather 27 Commodities 26 Regional New 7. 8 World News 9 Cryptic Crossword 27 Regional Stock Markets 24 For market indices,
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    • 3 1 Analysis, Pg 11
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    • 84 1 Nikon The World s Finest Photographic System Small firms feeling market shockwaves, Pg 9 a Model No. 8A3130T Exclusively at THE HOUR GLASS r Singapore: Lucky Plaza #01-368. Tel: *****20/1 Scotts #01-10. Tel: *****98 Centrepoint #01-21/22. Tel: *****98 Peninsula Plaza #01-01/02. Tel: *****09 Singapore Changi Airport, Departure/Transit Lounge East West
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  • HOME NEWS
    • NEWS ROUNDUP
      • 144 2 SINGAPORE Telecom has invested about $4 million to extend mobile telephone and radio paging services to three new mass rapid transit stations. A Telecom statement said the investment was to set up base stations in Marina Bay, Lavender and Bugis. This will enable
        144 words
      • 68 2 THE Economic Development Board is prepared to provide generous financial support to companies offering extended industrial training in the form of intensive in-house training programmes overseas. This was announced by Ng Pock Too, Political Secretary, Prime Minister's Office and EDB board member, at the official opening
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      • 75 2 A 28-MEMBER Korean mission will visit Singapore next month as part of an investment tour of Asean. Led by the executive vice-president of the Korea Trade Promotion Corporation, the mission is seeking joint venture partners for investment in Singapore and the region. A Korea Trade Centre Singapore
        75 words
      • 94 2 TWO EXCLUSIVE London properties will be offered for sale in Singapore in a public exhibition to be held at the Westin Plaza Hotel from Apr 19-22. Elm Quay, a new Thameside development dominating the South Bank between Chelsea and Vauxhall bridges, and Crown Lodge, a restored
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      • 69 2 THE Singapore Dress will make its debut on the international beauty contest stage when the reigning Miss Singapore Charm International '90 and Miss Singapore All Nations '90 represent the Republic in these two pageants in Moscow and Kuala Lumpur respectively. The gowns were first seen
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      • 46 2 RICHE MONDE is giving a $25,000 toast to Singapore's 25th Anniversary celebrations with a donation to the 25th Anniversary Charity Fund. Riche Monde managing director Alasdair Smith-Laing will make the presentation to Pasir Panjang MP Major Abbas Abu Amin in a special ceremony today.
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    • 389 2  -  By Magdalene Ng DBS BANK is starting work on two property projects with an estimated total cost of $370 million this year. These comprise the redevelopment and renovation of its headquarters, DBS Building, in Shenton Way; and the launch of a new project
      389 words
    • 197 2 ECONOMICS, sometimes thought of as the dismal science, appears to be the favourite subject of the best and the brightest in the civil service. Four out of 10 recruits for the elite Administrative Service last year were graduates in economics. Three had
      197 words
    • 230 2 DBS FINANCE has nudged up its housing, lending and deposit rates to reflect the rising cost of funds in the Singapore money market. Its higher rates, effective today, come in the wake of increases in lending and deposit rates announced by its parent company,
      230 words
  • Page 2 Advertisements
    • 269 2 9 JF U r n^i .wn* Scalpel...scissors._sutures._ BusinessTrnes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. ke P l well informed t0 maximlse re,urns Essential Infonnatlon accessible every business day your money. throU gh Business Times. oner*!? 2f£2 52£Z!^ E££!l£1 SX sound The
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 650 3  -  By Abdul Hadhi HORIGUCHI Engineering Co Ltd, which provides precision engineering services, launched its public offering of 10.5 million shares yesterday at an issue price of 60 cents per 25-cent share. Its shares are to be listed on the secondary board, Sesdaq.
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    • 306 3 Bernama MBf FINANCE BHD, which claims to have emerged as the market leader in homemortgage financing, especially in the growth centres of Johor Bahru, Kuala Lumpur and Penang, expects loan expansion in this portfolio to grow to more than Msl billion
      Bernama  -  306 words
    • 229 3 KEPPEL CORP subsidiary, Keppel Philippines Shipyard Inc (K.PSI), has reported a 77 per cent increase in attributable income to 35.3 million pesos (552.91 million) for the year ended Dec 31, 1989. This performance came on a 12 per cent rise in sales revenue to
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    • 685 3  -  MARKET TALK By Elaine Koh IT WAS ONE of those pleasant years when companies proudly turned in good report cards untouched by red ink. There was much to please investors, particularly in the banking, property and marine sectors, which performed
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    • 140 3 Bernama MUDA HOLDINGS Bhd, which achieved a group pretax profit of M 516.9 million in 1989 against M 514.3 million in 1988, expects to maintain, if not improve on, its profitability. Chairman Lim Guan Teik said in the company's 1989 annual report yesterday that the
      Bernama  -  140 words
    • 289 3  -  By William Chia THE GENERAL OFFER by Asian Investment Holdings (AIH) for Electro-Magnetic (S) Ltd (EMS) shares at 52.48 each has lapsed with AIH receiving acceptance for only 106,500 shares or 0.21 per cent of the issued capital of EMS. AIH, which
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    • 250 3 Reuter SIME DARBY Bhd and Japanese corrugated products manufacturer Rengo Co Ltd have entered into joint ventures in Malaysia and Singapore, company officials said yesterday. Rengo will buy a 30 per cent stake in Sime's Malaysian subsidiary Sime Packaging (M) Sdn Bhd for
      Reuter  -  250 words
    • 158 3 DIRECTORS of Singapore Land, in their first response to reports about the group's investment in troubled UK property firm Rush Tompkins pic, said changes in the value of this investment would have no material effect on Singland's net assets. In a statement
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  • Page 3 Advertisements
    • 156 3 HOLE IN THE CHORUS LINE? a constant headache for casting agents. Yes, the girl can dance but what does she look like? Confirm her place in the Chorus Line with <qr, 7 BHHH Polaroid's Spectra Camera. It gives you 1 the visual information the director requires from you instantly. With
      156 words

  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 84 4 MATSUSHITA Electric Industrial Co Ltd will set up a plant in Japan to make high-definition televisions (HDTV) able to receive satellite signals, a company spokesman said. The six billion yen plant in Osaka will be Matsushita's first to mass-produce HDTV sets. It
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      • 79 4 JAPAN'S third largest carbon fibre maker, Mitsubishi Rayon Co, plans to acquire Newport Composites Inc, a US carbon fibre processing firm in California. The two companies have reached a basic agreement on the acquisition and are expected to finalise the deal soon, the Asahi Evening News
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      • 75 4 SONY USA Inc, a wholly owned unit of Sony Corp, has set up a 100 per cent-owned subsidiary to manage a plant which Sony has purchased from Advanced Micro Devices Inc, a Sony spokesman said. Sony Microelectronics Corp will start production of one-megabit static random access
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      • 115 4 TOTAL Japanese mergers and acquisitions jumped 33 per cent in the year to March 31, 1990, to a record 740 cases, according to Yamaichi Securities Co Ltd. Purchases overseas accounted for 448 of the total, up from 334 in the previous year. There were 226 in North
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      • 69 4 MANILA'S Business Star newspaper reported on Monday that Toyota was planning to open a car transmission plant in Manila in 1992 with a capacity of 100,000 to 200,000 units yearly. The plant would be a joint venture between Toyota Motors of Japan and its current Philippine
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    • 757 4 Reuter THE THAI stock market, refreshed by positive political developments and a liberal central bank governor, looks set to launch a new rally which could take the index past 1,000 by year-end, analysts said. Last month's entry of former Thai
      Reuter  -  757 words
    • 222 4 NYT YAMAICHI Securities Co, one of Japan's largest brokers, has confirmed that the bankruptcy of a customer in the recent stock market plunge had cost it about US$45 million. It is widely believed that Japanese securities firms have lost close to $250 million from
      NYT  -  222 words
    • 607 4 AFP SELF-MADE Indian business tycoon Dhirubhai Ambani, who built one of India's largest corporate fortunes with a talent for staying on the right side of government, is battling the present administration in a proxy war he is determined not to lose. At the centre of
      AFP  -  607 words
  • Page 4 Advertisements
    • 1084 4 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE is hereby given that an Extraordinary General Meeting of the stockholders of the Company will be held at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104 on Friday, 4 May 1990 at 12 o'clock
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    • 151 4 10 ways the Dale Carnegie Course* helps men and women: Pols* and Confidence Public Speaking Human Reletlone Insight People Management Skill* Effective Communlcatlona Motivational Skills The Courage to Think, Decide and Act Sell youreelf and Your Ideaa Develop Your Hidden Abllltlee Win a Better Job, More Income With the Dele
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    • 246 4 y interest m Western Australia as yV an area of potential for business and trade possibilities, the Department of i W Trade Development of Western Australia is r r\ organising a series of 7-day fully<onducted Business jjf V> I Investment Tours. 7c ft&rfefyp v" Highlights of the tour include presentations
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 124 5 LEE A lACOCCA's salary as chairman of Chrysler Corp rose last year, but his total compensation fell slightly to a still-handsome U553,406,629 because he was not paid a bonus, according to an annual proxy statement released last week by the company. The suspension of cash bonuses at
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      • 62 5 JAPAN'S Kajima Corp plans to rebuild a site in central London with UK's Stanhope Properties Co and British Rail, a company spokesman said. Kajima and Stanhope have bought four buildings in front of Euston Station through a joint venture for about 25 billion yen. They
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      • 90 5 MOTOREN-UND Turbinen Union (MTU), a unit of Daim-ler-Benz AG subsidiary Deutsche Aerospace AG, has asked Mitsubishi Heavy Industries Ltd to help it develop a new engine for passenger jetliners, a Mitsubishi spokesman said. It asked Mitsubishi to join in the project which would be carried out
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      • 81 5 BRITISH Petroleum Development Co has signed agreements to explore for oil in northern China's Bohai Bay and in the Pearl River basin in the south, the New China News Agency reported. The agreements were struck with the state-run China National Offshore Oil Coip, the official
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    • 561 5 Reuter JAPANESE REFINERS are scrambling to strike direct deals with Saudi Arabia, which claims the world's largest proven oil reserves, as concern grows about possible shortages later this decade. "Direct deals" refer to long-term deals struck directly with producers. In the
      Reuter  -  561 words
    • 767 5 NYT UNTIL LAST WEEK, it was easy to describe relations between H J Heinz Co, the world's largest tuna canner, and environmental groups trying to save dolphins that become tangled in tuna nets. "We were the bitterest of enemies," one defender
      NYT  -  767 words
    • 303 5 NYT AN ATTEMPT by Pathc Communications to acquire MGM/UA Communications has run into new and unfavourable publicity. In this week's issue, Business Week magazine quoted Pathe's chairman, Giancarlo Parrctti, as saying in a March interview with L'Unita, an Italian Communist newspaper
      NYT  -  303 words
  • Page 5 Advertisements
    • 99 5 Bin Kuala Lumpur the Shangri-La. A location in the heart of the business district amid the lush tropical greenery of Malaysia The standards of service you have come to expect from a truly world-class hotel It could only be the Shangri-La. Kuala Lumpur. 5 Shangri La hotel KUALA LUMPUR A
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  • FINANCIAL NEWS
    • 370 6 Bernama DATUK HANAFIAH Hussain became the executive chairman of Bank Bumiputra Malaysia Berhad (BBMB) yesterday with one strong wish in mind that there will not even be one black sheep in the bank during his term of office. Placing staff honesty and integrity on
      Bernama  -  370 words
    • 536 6  -  By Quak Hiang Whai DBS BANK'S policy of maintaining the industry's lowest prime lending rate last year has enabled the local giant to chalk up a 30 per cent rise in total loans to a record $8.2 billion. The bank said in its
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    • 408 6 NST SEVERAL Japanese banks are eyeing equity stakes in Malaysian financial institutions to enable them to be of service to their clients who have set up manufacturing operations in Malaysia. Bank of Tokyo investment co-ordinator in Kuala Lumpur Hiroshi Hosokawa said Japanese
      NST  -  408 words
    • SMALL CHANGE
      • 78 6 THAILAND'S M-2 money supply rose an estimated 2.7 per cent in February to 1,267.6 billion baht after 2.3 per cent growth in January and a 2.4 per cent increase a year ago, the Bank of Thailand said. The bank added that year-on-year M-2 expanded about
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      • 67 6 THE Monetary Authority of Singapore said the average yield at this week's auction of SSIOS million of 91-day Treasury bills was 3.74 per cent and the cut-off yield was 3.75 per cent. Bids totalled $228.9 million. This compared with an average yield of 3.96 per
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      • 74 6 Lord Bruce-Gardyne, a former British Treasury minister and fierce advocate of monetarism, died after a long illness at the age of 60. 'Jock' Bruce-Gardyne knew after brain surgery last year that he would die shortly but remained active in parliament, opening a House of Lords
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      • 64 6 GROSS international reserves of the Philippine central bank grew to US$l.75 billion at the end of March from US$l.62 billion at the end of February but were slightly lower than the year-ago level of US$l.79 billion, bank statistics showed. The rise was traced to the continued
        64 words
    • 193 6 Reuter UNITED STATES Treasury officials, spurred by the rising cost of the savings and loan bailout, are developing proposals for sweeping changes in banking regulation, The Washington Post reported yesterday. Quoting unnamed government and industry sources, The Post said that among the proposals
      Reuter  -  193 words
    • 176 6 THE INDUSTRIAL Credit and Investment Corporation of India (Icici) yesterday signed a US$5O million loan agreement with a group of banks, the proceeds of which will be used to finance development projects in India. The loan was jointly lead managed and arranged by three locally-based
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  • Page 6 Advertisements
    • 448 6 r PRIME ENBLOC RESIDENTIAL PROPERTY FOR SALE BY TENDER CHOTEK AFARTMEI-rrS. 37 NASSIM ROAD. SINGAFORE Chotek Apartments is located in Nassim Road amidst lush tropical surroundings. Nearby you'll find The Botanic Gardens, Embassies and prestigious bungalows. Chotek Apartments contains 30 fully occupied freehold apartments, each approximately 1,950 sq ft (182
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    • 126 6 TRACER VK'S OF SAN FRANCISCO J (Level 5) J The Call of the South Seas And when it beckons, just follow your heart. To Trader Vic's. Where the romantic ambience and the exotic South Sea Island setting are matched only by the splendour of its food and the uniqueness of
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  • Page 6 Miscellaneous

  • THE REGION 1
    • 316 7 MBT THE ASIA-PACIFIC region's trade with the rest of the world rose from US$6OO billion in 1980 to more than US$l trillion in 1988, topping even the European Community's external trade. As a percentage of total world trade, it climbed to 38 per cent
      MBT  -  316 words
    • 184 7 AFP INDONESIA has decided to pipe natural gas from the Natuna field in the South China Sea to the western-most Indonesian island of Sumatra. "Pipelining gas from Natuna to Arun (in northern Sumatra), about 2,250kms away, will be more economically feasible than
      AFP  -  184 words
    • 231 7 Bernama MALAYSIA'S industrial production index (IPI) in the first two months of this year showed an 11.5 per cent increase to 152.4 from 136.7 in the same period in 1989. The Statistics Department yesterday said all the three divisions of the index mining, manufacturing and
      Bernama  -  231 words
    • 217 7 Bernama THE US is "rather frustrated" at the common stand adopted by the Association of South-east Asian Nations (Asean) on the presence of US bases in the region. The leader of a US congressional team visiting Jakarta, Patricia Schroeder, said
      Bernama  -  217 words
    • NOTE BOOK
      • 73 8 AFP INDONESIA'S huge steel plant in Java's westernmost city of Cilegon will have an output capacity of 2.5 million tonnes of steel when its expansion projects are completed in 1993. Junior Minister of Industry Tungky Ariwibowo was quoted by the Kompas daily yesterday as
        AFP  -  73 words
      • 65 8 Reuter THAILAND's industrial output rose a preliminary 16.3 per cent year-on-year in February against a revised 16.1 per cent the previous month and 16.4 per cent a year ago, the Bank of Thailand said. The February expansion was led by bullish growth in auto parts,
        Reuter  -  65 words
      • 79 8 Reuter BANGLADESH is seeking a record US$2.5 billion in international aid and is confident of receiving the full amount at a donors meeting in Paris this week despite criticism of its economic performance. A Bangladesh team headed by Finance Minister MA Munim left on Saturday
        Reuter  -  79 words
      • 84 8 Bernama DESPITE its huge population of some 179 million, Indonesia's rate of consumption of chicken and eggs is the lowest among the Asean nations. Business tycoon Probosutedjo said that for some unknown reason, an Indonesian only consumed 3.26gm of chicken and 0.066gm of egg daily.
        Bernama  -  84 words
    • 404 8 THAILAND could be the region's leading production base if it cut government red-tape and improved infrastructure for both software and hardware, says the Prime Minister of West Germany's Baden-Wurttemberg, Dr Lothar Spath. Dr Spath, on a visit to Thailand, told the Thai daily
      404 words
    • 476 8 MORE THAN 50 per cent of people buying real estate do so for speculative purposes and are scrambling for land parcels and development projects in prime locations in order to make quick and enormous profits, say veteran developers interviewed by the Thai daily, The Nation. As
      476 words
    • 36 8 Rack to the future? Gaiety is the order of the day as residents of Dhaka welcomed the Bengali new year of 1397 on Sunday by parading in traditional costumes with masks.
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    • 287 8 AP PHILIPPINE military rebel leader Gregorio Honasan said in an interview published in Manila yesterday that his forces were prepared to mount a new coup attempt, but he feared being killed by bounty hunters. The fugitive former army colonel told the US Cable
      AP  -  287 words
    • 152 8 AFP SALES of brand-new cars in the Philippines reached 9,356 units in the first quarter of 1990, double the figure a year ago, but demand appears to be tapering off, an industry spokesman said yesterday. Philippine Automotive Federation spokesman Henry Moran said
      AFP  -  152 words
  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 184 8 1 hauand with ■PIIB riir tifKPt gftjl ntStm^&BvjE Mm CUJL VlvlVv^> World Magazine 1990 is Thai's thirtieth year of operation. And to period between January Ist, 1990 and December 31st, 1990 fl celebrate our birthday we've got a present for you. and that you purchase it before arriving in Thailand.
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  • THE WORLD
    • 420 9 NYT THE 16-MONTH-OLD free-trade agreement between Canada and the US, intended to eliminate virtually all tariffs and duties in that enormous trading relationship by 1999, is having some unexpected grassroots side-effects, promoting a wide array of bilateral business and civic partnerships. Provincial and state
      NYT  -  420 words
    • 452 9 NYT THE EUROPEAN Community's plan to remove all internal borders after 1992, long viewed as the most important symbol of new European unity, is being threatened by disagreements over how to deal with migration, asylum, drugs and terrorism. While confident that the
      NYT  -  452 words
    • 233 9 Agencies US SENATE Democratic majority leader George Mitchell has said that the Senate should overrule any move by President George Bush to renew special trade benefits for China. China is now granted the so-called most-favoured-nation tariff treatment on its exports to the
      Agencies  -  233 words
    • 48 9 A woman places a single red rose on a Warsaw monument to the Polish army officers killed by the Soviet Union in Katyn in 1940. Moscow, which had over the last 50 years blamed the Nazis for the killings, finally acknowledged responsibility last week.
      48 words
    • 145 9 AFP MAVERICK Soviet deputy Boris Yeltsin has been nominated to run as Russian president, the official Tass news agency said last Sunday. Two hundred pro-reform deputies from the Democratic Russia group nominated Mr Yeltsin and three others as candidates for the position of president of
      AFP  -  145 words
    • WORLD WATCH
      • 116 9 JAPANESE PRIME MINISTER Toshiki Kaifu yesterday said that he opposed economic sanctions being threatened by Moscow against Lithuania. "Countries of the world want the (Lithuanian) problem to be settled through talks," he said in Tokyo, referring to Soviet President Mikhail Gorbachev's ultimatum last Friday that
        116 words
      • 120 9 JAPAN'S industrial output in February shrank by 0.2 per cent from January and not 0.5 per cent as previously reported. The Japanese Ministry of International Trade and Industry said in a revised report yesterday that output grew by 3.4 per cent from February last year, upwardly
        120 words
      • 97 9 MONGOLIAN truck drivers joined coal miners last Sunday in a strike supported by one of the country's largest opposition groups. Residents in the capital, Ulan Bator, reported that a labour organiser said the strikers were protesting against layoffs of Mongolian staff by Soviet managers. The Soviet
        97 words
      • 99 9 A BRITISH COMPANY that made steel tubes for Iraq seized by customs officials last week has called on the British government to end "further conjecture and hypothesis" after fresh allegations that they were part of a huge gun. Sheffield Forgemasters repeated last Sunday that the
        99 words
      • 119 9 MARGARET THATCHER is the most unpopular prime minister in British polling history, according to the latest opinion poll in The Times newspaper yesterday. The MORI survey, spread over the last three months, showed that only 20 per cent of those questioned were satisfied with her performance
        119 words
    • 369 9 AFP A GROUP of leading Western commercial banks has warned against euphoria over the changes under way in Eastern Europe. In a report to be released today, the Institute of International Finance which includes most of the West's major commercial banks said
      AFP  -  369 words
    • 401 9 Reuter YOSHIO AOYAMA runs a 10-man wood processing shop in central Japan, one of millions of small businesses hard hit by Tokyo's tumbling financial markets. "It's agonising." said Mr Aoyama, 53. "We see profits down 30 per cent this year. If this keeps
      Reuter  -  401 words
  • Page 9 Advertisements
    • 68 9 AN OUTSTANDING DEVELOPMENT OPPORTUNITY KUALA LUMPUR MALAYSIA AN UNEQUALLED DEVELOPMENT SITE IN THE MOST PRIME AREA OF KUALA LUMPUR'S "GOLDEN TRIANGLE" At major road intersection Land Area: 4.37 acres Overlooks Turf-Club Greens Walking Distance of International Hotels and Banking District Approved 30 Storey Commercial Complex 600 Luxurious Condominium Units. Tenders
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    • 191 9 Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. Durham University now offers senior executives and professionals the opportunity to obtain an MBA qualification in Singapore. This distance learning programme is structured to develop business skills and
      191 words

  • 393 10 EDITORIAL DUMY, sand blown construction sites reverberating with the noise of piling and jackhammers are associated more with macho imagery like hard-hats and hobnailed workboots than the arcane, climate-controlled atmosphere of research and development laboratories. But the conditions and demands of construction in the new,
    393 words
  • WHAT THE OTHERS SAY
    • 234 10 A GREAT diaspora of people is afoot in today's world, driven by political and economic forces or the need for sanctuary. As long as there are wars, there will continue to be refugees. And as long as there are rich and poor nations, the urge to
      234 words
    • 145 10 WITH THE new situation in Europe, Germans probably think their country does not need US protection nor should it remain a buffer to Soviet forces. Indeed, nationalistic sentiments have always been brimming over in West Germany. Even before the US-Soviet detente that we see today, Germans were
      145 words
    • 114 10 THE KASHMIR issue is boiling over once again, threatening to drag Pakistan and India into open conflict. It both sides do not watch it, they might slug it out for the third time over their bone of contention. India has threatened to use force while Pakistan
      114 words
  • REGIONAL VIEWPOINTS
    • 192 10 OBFUSCATION is an art form in the British Foreign Office. Perhaps only the Chinese authorities are better at creating confusion and doubt through the use of words, though they rely more on dogma than diplomacy. Deliberately or not, Mr Francis Maude has added to the image during
      192 words
    • 180 10 IS IT already late to try to improve traffic conditions in Bangkok? Relevant facts and figures indicate that traffic congestion in the city will continue tc worsen. Bangkok has a population of about 5.8 million, but it is actually accommodating twice that m«tn> people if we also
      180 words
    • 130 10 THE SHORTAGE of medical personnel, ranging from medical specialists to nurses, in Malaysia's public health system is not a passing affliction, nor does there seem to be an immediately efficacious and lasting cure. At present, about 14.5 per cent of doctor positions are not filled, and the
      130 words
  • 872 10  -  Clyde H Farnsworth discusses a radical US plan which could ruffle America's relations with its trading partners Clyde H Farnsworth NYT THE Bush administration is considering a significant extension of anti-trust laws to strike at American subsidiaries of foreign companies found engaging in
    NYT  -  872 words
  • Page 10 Advertisements
    • 84 10 I The Perfect Setting^>J I& Chillies —$8 Stewed Green Vegetable with Crab Meat —$6 j > Braised Sea Cucumber with Spring Onion 10 It's our endless variety of seafood fare that lures our j v b customers back. And with prices from $6. you're bound to get j hooked too.
      84 words
  • Page 10 Miscellaneous
    • 61 10 DOONESBURV DON 7 YOUSBB, MIKE* MB f POR INSTANCE, HAfe YoU(O*Zk\ GOTTA STOP FOUUNOOUR ONE OR. MORE)-I.OSEPARATBP ONE OR MORE): I.tfSBPARATO? I HABITAT! SURE, WE CALL. YOUR REUSABIES FROM YOUR COM- YOUR. REUSABtBS FROM YOUR COM- OURSELVES ENVIROMMTAL- POSTAH&iZodCHCOrTBPPVCS, POSTAGES, 2 oBaCOTWPPVCS, 1 he's getting ISTS,BUT UJHAT HAVEYOU t 3.QINVESTEP
      61 words

  • ANALYSIS
    • 631 11  -  Sarawak believes suitors must be actively courted, and Singapore is as good a catch as any, reports David Chew David Chew SARAWAK'S Chief Minister, Datuk Patinggi Taib Mahmud, sees a big role for Singapore in his untiring efforts to promote economic development in his
      631 words
    • 883 11 FOR AT LEAST a week or so in February, the Cinderellalike Kuching, capital of Sarawak, shed its frontier image to play host to a world event the Bth Asean/European Community Ministerial Meeting (AEMM). It was declared open on Feb 16 by Malaysian
      883 words
    • 643 11 SARAWAK is a "tail-end Charlie destination," says Tourism and Environment Minister Datuk James Wong. It takes courage to articulate that, but the truth never hurts: the country is in the backwaters of Southeast Asia, and geographically off the beaten track. Well aware of its
      643 words
  • Page 11 Advertisements
    • 95 11 PHILIP D IZAAC OPTOMETRIST- CONTACT LENS CLfMC 02-26 Paragon Shopping Centre 290 Orchard Road Tel. *****66 PHILIP D. IZAAC LCO (IOND) MEMBER OF THE BRITISH CONTACT LENS ASSOCIATION Consultation Hours: Mon To Sat: 10.30 am 7.00 pm Sun Public Holidays 11.30 am 6.00 pm A WIDE SELECTION OF THE LATEST
      95 words

  • FOCUS 1
    • 253 12 PT MITRA Sembada Citra (MSC) has been appointed as the exclusive distributor of Apple's Macintosh personal computers and peripherals in Indonesia. Based in Jakarta, Mitra is a whol-ly-owned subsidiary of PT Metrodata Group, the second largest computer company in Indonesia. The move brings to 11 the number of
      253 words
    • 271 12 Asahi Mitsubishi Electric Corp has bought the hardware division of Apricot Computers pic of Britain in an attempt to establish a production base in the European Market prior to the 1992 market integration. Mitsubishi said last week that it paid U5562.4 million for the computer
      Asahi  -  271 words
    • 282 12  -  By Jayaram Menon COMPAQ ASIA will be setting up a research and development facility in Singapore to develop smaller and more powerful power supply units for its portable computers. Mr Franz Egermann, vice-president of Compaq Europe and International which oversees Singapore-based Compaq Asia,
      282 words
    • 324 12  -  INNOVATION EDITED BY 1 WALTON MORAIS NYT DESPITE a continuing slump in the personal computer market, Intel Corp last Thursday reported record first-quarter earnings. Intel's strong earnings, which exceeded the highest Wall Street estimates, were driven by demand for its
      NYT  -  324 words
    • 264 12 NYT JAPANESE electronics companies have begun marketing intriguing new products incorporating "fuzzy logic", a concept invented in the United States which has not caught on with American manufacturers. Fuzzy logic allows computers to handle ambiguous information such as big and small or hot and
      NYT  -  264 words
    • 870 14 Memories of the Crash and scepticism over union solidarity are putting pressure on UAL's share price. NYT WHY IS the stock of UAL Corp trading around US$l6O a share, when both the company and its unions value it at US$2Ol a share in their
      NYT  -  870 words
    • 600 14 Fears arose that Japanese firms would gain access to aerospace technology which would whittle down the US lead Reuter JAPANESE aerospace companies that had sought an equity partnership with Boeing to develop its 767-X commercial jet are disappointed with their relegation to subcontracting
      Reuter  -  600 words
  • Page 12 Advertisements
    • 203 12 7 4 0 Ci I T r\# m y j;p gs m i 'JbatilL e thrust and mentallv hear 420 passengers breathing a collective m>jli ot relict. lo which I add mv own. \ursint: a tonnes A"-'* f' j" metal bird t tmmuh the ks at Mach OK 5h no
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  • Page 13 Advertisements
    • 237 13 OUR ENGINEERS CAN ALWAYS COME UP WITH THE PRODUCT SPECS ON TIME. t -.Jifc 1 I PI li^^Hp hur >4 .^gpwgin^B^'*>• Jl^^^K'' 1 t jm B v 1 i •px t ynp /aatt "xr -Qin a t t^tt 1 Designing custom chips to specs isn t one of the easiest
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  • Page 14 Advertisements
    • 107 14 Singapore's Pre) Office DevelopJ Is Now Ready I Immediate Occupation! jB W^ THE GATEWAY I The Gateway, Singapore's largest office development is compleH and already has more than 60 pre-committed tenants, leasing over 60H Located just outside the CBD, close to the Bugis Street MRT Station, tfl offers businesses the
      107 words

  • SPORTS
    • 238 15 AP STEFFI GRAF had the final say on how much a broken right thumb has affected her tennis game. The world's top-ranked women's player routed Arantxa Sanchez Vicario 6-1, 6-0 on Sunday to win the Bausch and Lomb Championships and remove any lingering doubts
      AP  -  238 words
    • 316 15 Reuter WORLD NUMBER ONE Jahangir Khan is just five matches away from fulfilling his life-long ambition of winning the British Open squash championship for a record ninth successive time. The Pakistani has not been beaten in the sport's most prestigious tournament since he lost in
      Reuter  -  316 words
    • 281 15 AFP THE WEST INDIES threw away some of its advantage in the fifth and final cricket Test against England in Antigua on Sunday making 446 after the first wicket had put on a record 298. But although England managed to restrict the
      AFP  -  281 words
    • 285 15 AP MANY GREAT GOLFERS, from Arnold Palmer to Jack Nicklaus. have won the Heritage Classic, but none had done what Payne Stewart did on Sunday. Stewart became the first golfer to win the Heritage in consecutive years and ended his own playoff losing streak
      AP  -  285 words
    • SIDE LINES
      • 126 15 REGGIE LEWIS scored a season-high 34 points on Sunday, including six after the score was tied at 91, to lead the Boston Celtics to a 101-94 victory over New York. It was the Knicks' 24th consecutive loss in Boston. The Celtics won their sixth
        126 words
      • 71 15 GARY PLAYER survived two rain delays and a late doublebogey on Sunday and coasted to his third Professional Golfers' Association Seniors Championship in Florida as an anticipated shootout between Hall of Famers fizzled. Player had more trouble with Mother Nature than with his playing partners, Jack Nicklaus and
        71 words
      • 91 15 BARRING a last-minute upset, Bjorn Waldegard of Sweden headed for victory in the Kenya Safari Rally yesterday as 10 survivors raced to the finish in Nairobi. Waldegard, driving a Toyota Celica, was 38 minutes ahead of second-placed Juha Kankkunen of Finland in a Lancia Delta Integrate
        91 words
      • 90 15 DON BEAUPRE stopped 32 shots as the Washington Capitals advanced to the Patrick Division finals by defeating the New Jersey Devils 3-2 in the National Hockey League on Sunday. The Capitals' six-game victory over New Jersey moved Washington into the division finals against the New York Rangers.
        90 words
      • 71 15 BENITO SANTIAGO hit a two-run homer with one out in the ninth inning off reliever Steve Bedrosian to lift San Diego past San Francisco for a three-game sweep of the defending National League baseball champions. It was the Padres' fifth straight victory and marked the first
        71 words
  • Page 15 Advertisements
    • 142 15 igapore's Premier ffice Development 5 Now Ready For Immediate Occupation! THE GATEWAY The Gateway, Singapore's largest office development is complete, and already has more than 60 pre-committed tenants, leasing over 600,000 sq ft. Located just outside the CBD, close to the Bugis Street MRT Station, the property offers businesses the
      142 words

  • Page 16 Advertisements
    • 236 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by wmd-of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, 330 8310 or 338 8585 ext *****/6.
      236 words
    • 362 16 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOl'P AND SAiAD Ijght eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10 >0* EARLY BIRI) SPECIAL A complimentary bowl of
      362 words
    • 159 16 CjixaJtj sdf\&S\ v/Vj 7 Our S.E.A. Buffet April 1 30 Lunch or Dinner Adults: 516.00 Children below 12: $10.00++ Cafe Plaza y sge Served nightly from $15.00 Adult $1050 Child AJI prtoM ar* aubfad to 10% aarvtoa chare* A 4* cms d**#* 1 ot Foe m«rva(k>(w r oil 297-2828 Ext
      159 words
    • 275 16 PROVINCIAL BUFFET mO 35 culinary gems, uncovered bom six major provinces of China. Authentic treasures from Jiangsu, Beijing, Yunnan, Sichuan, Guangdong and Shanghai In a sumptuous buffet lunch. Only at die Pine Couit > Adult $26+ Child below 10: $14<f kFrom April 1 30, aoon to 2.10pn. "if ■•-I i
      275 words
  • Page 16 Miscellaneous
    • 810 16 TELEVISION AND RADIO T\ 1 1 1 SBCI2 7.30 Nows(M). 3.50 TaAan Kasih (cp 2). I nrnQmir 1 rlQ77linrr 7.50 4.20 AraMc Ai^am V lldllllv/® \lil /</lillfc UClllvW 7.30 PM The Wonder Years Roll «-00 Iff Your Move(L). Wal Hayat Jadidah. B8C V 89.9 mHz la VHF Band II N'
      810 words

  • LIFESTYLE
    • 594 17 Greta Garbo, who died on Sunday, was the legendary femme fatale who continued to fascinate the cinema world long after her retirement from the silver screen AFP Reclusive screcn star Greta Garbo, who died on Sunday aged 84, rose from poverty 10 riches and
      AFP  -  594 words
    • 719 17  -  Harvey Greenberg psychoanalyses Turtlemania Harvey Greenberg NYT COMMENTING on the limitations of his methods away from the couch, Sigmund Freud once said that pyschoanaiysis might have to "lay down its arms" before the problem of understanding art. He then proceeded to interpret the
      NYT  -  719 words
    • 257 17 VINCENT van Gogh once painted a picture of a water mill in Nuenen, Netherlands. Now the miller is trying to cash in on the artist's fame and sell the mill for US$l million. Retired miller Gerard van Hoorn is banking on
      257 words
  • Page 17 Advertisements
    • 175 17 ...AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? ffiubwtM (&nil Hi MONDAY FRIDAY. 12 noon to 2 30PM, WITH main course: COLD BUFFET: ■aKFWi9s zr*F $25.00+ I At Hubertus Grill, the Businessman's Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a
      175 words
    • 337 17 The art of doing business. Fourchettes Business Lunch. HHHHPPNPP^' P5SS**.. At IbuidKttes Grillroom, one afSingapore's finest business lunches awaits. The freshest oysters, Goose Rillettes and other appetizers. Main courses from the Grill, or Roast US Prime Rib from the Canery. Accompanied by the most exquisite Desserts, Teas and Cofices At
      337 words

  • Page 18 Advertisements
    • 720 18 FULL-SERVICE BANKING jj C I<JMO Sm»nty Krnk N«hi«J Ran It. n j ;<j «*—*T j Imn IwrtW f 4) *«w>tlia*»Ha» =~T=- feritc R H <*■»-<*'— i g*- tbs— •tall ICm Jv. a—s fc* I I «wfci o~«~ Kw/W* \y ft i I v «*v~ S*mwmOmi*4 Pi (J I I m.
      720 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4412 19  -  By Lim Mui Khi POOR SENTIMENT and a holiday in Hongkong and London kept trading interest in the local market at a low level yesterday. Turnover fell to a fraction of the previous trading volume while share prices closed mixed. Dealers, however, were
      4,412 words

  • 4069 20 Main Board Isetan 50* 920 20 2.2% Semb Shipyard 690 +15 2.2% Weames 665 +15 +2.3% DBS 1330 +10 0.8% SPH Foreign 960 +10 +1.1% Jurong Ship 50* 795 +10 +1.3% Kcppei Corpn 765 +10 +1.3% Inchcape 575 +10 +1.8% Bousteadeo A 200 +10 5.3%
    4,069 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3595 21 Reuter, Bernama STOCK PRICES in Kuala Lumpur closed lower yesterday on light selling and a dearth of buyers as sentiment was influenced by a weaker trend on the Tokyo bourse, brokers said. Turnover contracted to a 1990 low of just over 27
      Reuter,; Bernama  -  3,595 words
  • Page 21 Advertisements
    • 56 21 1^ UNIVERSAL COMPUTERS (PTE) LTD U||^W Shouroom 109 North Bridge Road. #05-33 BpMtywMjVQ Funan Centre, Singapore 0617 Tel: 338-2815 339-1936 Fax: (65) 338-6031 Tlx: RS ***** J BRUPA t acton--73 Ayer Rajah (Crescent, #06-25, Singapore 051 Tel: 779-0101 (4 lines) Fax: 779-4331 Fix: RS ***** ELECT Keep your investment decisions
      56 words

  • BT SHARE INFORMATION SERVICE
    • 81 22 Company Data Year Group Nat Nat earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Pacific Chem Apr 4 Dec 89 MJ484.490(MS/40.636) (67) 50(30TE) 0 Kramat Apr 5 Jan 90 M$7.533(M$4.00l) 44(34) Inch Kenneth Apr 6 Dec 89 MJ3,153($3,407) 764(82 6) 105(85) UOL Apr 6 Dec
      81 words
    • 230 22 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Mulpha Intl Apr 10 Dec 89 M$20,616L($3,165l) -(-> Tat Lee Band Apr 7 Dec 89 $22.579c($14,675c) 14 4(8 6a) 8(6 5a) Jurong Eng Apr 6 Dec 89 J2.720L(S5.049) —(15.1) 7.5(15) MBS
      230 words
    • 50 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) 1V3 Apr 5 Feb 90 M$16,467(MJ13.742) 8(8) Faber Merlin Mar 31 Dec 89 M$7,055L (J22.316L) YTL Corpn Mar 31 Dec 89 M$8,581 ($5,247) Emtex Mar 30 Dec 89 MJ41($523) Seal Inc Mar 30 Dec 89 M$5.892(J4.780)
      50 words
    • 301 22 April 12 Hong Fok has been awarded a contract by the Hongkong Housing Authority to build a residential and commercial complex in the New Territories at a cost of HKs24om inclusive of land premium. krmo-Pacific Holdings Ltd has acquired an 8% stake in Eu Yan Sang Holdings Weame
      301 words
    • 1276 22 Current Ex Boohs Oat* Total far Total far payment date dose payable tfce year last year Amtek Eng 6%TE(I) Apr 11 Apr 17 Apr 28 6*11 6*TE A*mo 15*TE Feb 28 Mar 12 May 15 25*11 25*TE Ml 909*1(11) Ape 6 Apr 19 May J 122 7*(n) 72%
      1,276 words
    • 714 22 Singapore Stocks Last FuH Year Company Penod Date Yt* IW EPS Gran Nrt mutid «A( (cants) *r pre* last year (tOOC) BMT Interim Ian 27 Jun 90 169 6 100 0 516 hetan Final Feb 28 Nov 89 39 1 10.0 11.728 Uvea Pale Fmal Mar 27 Oec
      714 words
    • 343 22 Company Rights Issue MM One-tor tour MS? 40 per share Ei-date Mar 8 Books dose Mar 22 Acceptance Payment May 10 CIC Im tor five $2 10 per share Three warrants lor every 10 existing shares held at $0 48 per warrant Ex-date Feb 7 Books close: Feb
      343 words
    • 362 22 Company Rights Issue Apcto One-tor-one $185 per shire CjUMwiy kiv Capital reduction scheme to reduce par value of shares from $1 00 to $0.60; R«hts issue of 32 JO 60 per share FM3) One-tor«« MS050 per share fab* Mertn One tor-one fe MS0 25 per share. Mtowed by
      362 words
    • 617 22 BONDS, LOANS WARRANTS CMRPT CmvwiIM poM CMMniM torn hr MM VAMJ AM Caweway Law C—wiy Nt 2/10/89 to 20/10/94 1 warrant pta >1 cash of 1 warrant pta $1 nominal amount of loan Ttoc* OwltfMHOmm H» HI March 87 to 31/12/91 1.55 warrants pta 11.55 cart. Chuw H*) Nt94 1/8/89
      617 words
    • 152 22 Pacific Chemicals Bhd: 21st AGM at the Regent IV Room, Hotel Regent of Kuala Lumpur, Jalan Bukit Bintang, Kuala Lumpur on Thursday, Apr 19, at 11.45 am. Tonhow Industries Ltd: EGM at 90 Eunos Avenue 7, Singapore 1440 on Friday, Apr 20. at 2pm. United International Securities Limited:
      152 words
  • Page 22 Advertisements
    • 158 22 SINGAPORE'S ONLY ColoniaL BUNGALOWS ARK UDMC 1 Colombo Court #05-18/21 Singapore 0617 TEL: *****02, *****03, *****27 *****48 Ms Lim, Ms Tang, Mr Tan Mr Leong ZZI MANAGING DIRECTORS, GENERAL MANAGERS, CHIEF EXECUTIVE OFFICERS, HUMAN RESOURCES DIRECTORS The Strategic Management Croup of Pennsylvania, U.S.A. Davric Resource Consultants are inviting MANAGING DIRECTORS,
      158 words
    • 53 22 when I:1 i IN THE MARKET In a tremendously competitive business when* ignorance means you're out and where "market intelligence" is always a welcome edge. ADVERTISING MARKETING covers a vital sector of the economy comprising the country's communications muscle. Every Thursday ADVERTISING MARKETING MANAGERS MUST MANAGE BT shows you how
      53 words

  • TOKYO STOCK EXCHANGE
    • 2252 23 Reuter TOKYO share prices yesterday closed broadly down, but ofT their lows, on index-linked and general selling in scant trade. An anaemic yen and the Easter holidays overseas kept trade volume low. Individuals and investment trust funds were cited as heavy sellers, brokers
      Reuter  -  2,252 words
  • 2435 23 Value Volume Last (HK$) (TOO) sale HKR Int'l 86.694,936 30,703 2.85 Hutchinson Whp 84.277.360 8.279 10.20 Cheung Kong Hold 68.068.512 5,767 11.30 HK Daily News 65,602,640 61,778 0.94 Swire Pacific 57,469.800 3.459 16.00 HK Telecoms 41,097,544 7,589 5.45 HK Electric Hold 37.957,504 4,198 9.05 Shun Tak
    2,435 words
  • Page 23 Advertisements

  • REGIONAL STOCK MARKETS
    • Nervous investors pull Seoul market lower
      • 709 24 THAI STOCKS ended largely unchanged yesterday after a four-day holiday except for some activity on new listings in the hotel and real estate sectors, brokers said. The official SET Index fell 1.01 point to close at 843.79. Turnover stood at 20.993 million shares valued at 2.484 million baht. "Some
        709 words
      • 1364 24 Australia The Australian market was closed yesterday and on Friday. The following are Thursday's closing prices. A Cents VoKW) ANZBank 514 -2 1915 Add Stm 450 unch 542 Ariadne 95 unch 180 BHP 910 -6 5556 Bell Group 16 unch Bougvlle C 110 unch 13 CRA 1160 15 269 Coles
        1,364 words
      • 455 24 SELECTED blue chips in Manila caused a slight upturn in share prices yesterday as the market reopened after a two-day Easter holiday. The Manila Stock Exchange Composite Index inched up 1.48 points to close at 1,096.02. The combined volume at the two bourses rose to 432.53 million shares valued
        455 words
      • 844 24 SEOUL STOCKS took a further beating as a massive sell-off pushed the index close to the technical resistance level of 770 points, brokers said. The composite index, which breached the psychologically crucial 800 barrier on Saturday, shed 16.14 points to close at 777.0. Turnover was a thin 172.5 billion
        844 words
      • 104 24 Cloac Prevtows Ayr I* Ayr 12 SYDNEY All Ordinaries Index Gated 1498 4 All Industrials Index Closed 2315.7 All Resources Index doted 872.8 Turnover (million) Closed 85.24 BANGKOK Ayr 16 Apr II SET Index 843.79 844 80 Turnover (nearest *000) 20,993 NA JAKARTA Apr 16 Apr II Composite Index NA
        104 words
      • 385 24 Ia local currency la SS la US$ day year day year day year vpr H ladex chaage chaage chaage chaage chaage rhaagr World 411.7 +0.4 -11.5 +0.2 -15.2 +0.2 -14.2 *EAFE 572.2 +0.1 -16.0 +0.2 -20.6 +0.2 -19.6 Europe 436 4 +0.4 -3.2 +0.5 -2.3 +0.5 -1.1 Pacific 1 967.0
        385 words
      • 364 24 TAIWAN share prices opened higher, but the index was pulled down by a last-minute sell-off on rumours that the Hung Yuan Group, the island's biggest underground investment house, had closed, dealers said. The weighted index lost 16.80 points or 0.17 per cent to close at 9,419.32 against Saturday's 9,436.12
        364 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 678 25 Reuter SPECULATION that the monthly US trade deficit could shrink dramatically has emerged for the first time in many months as a factor with potential to fuel US dollar buying. Tokyo dealers said yesterday that expectations of a markedly narrower US trade gap
      Reuter  -  678 words
    • 394 25 Cross rates Apr 16 I USS SS MS Dm Yen SFr AS NZS USS 1.8775 2.7320 1.6745 159.15 0.6122 1.4855 1.3098 1.7227 SS 0.5326 1.4551 0.8919 0.8477 0.3261 0.7912 0.6976 0.9175 MS 0.3660 68.72 0.6129 0.5825 0.2241 0.5437 0.4794 0.6305 Dm 0.5972 1.1212 1.6315 95.04 0.3656 0.8871
      394 words
    • 563 25 Interbank rates S$ Bid Offer Overnight 5 1/2 5 3/4 1-month 6 3/8 6 1/2 2-month 6 1/2 6 5/8 3-month 6 9/16 6 11/16 Overnight mode: 6-5/16 USS Bid Oder 7 days 8 5/16 8 7/16 1 month 8 5/16 8 7/16 2 months 8 5/16 8
      563 words
    • 255 25 Reuter LAST week's easing of monetary policy by the Central Bank is expected to drive bank interest rates lower in Taiwan this week or next, bankers said. The Central Bank's repurchases and outright buying of government paper, including certificates of deposits, treasury bills and
      Reuter  -  255 words
    • 414 25 FOREX MARKET REPORTS THE US DOLLAR yesterday closed higher during dull trading on Asian foreign exchanges as dealers stayed on the sidelines ahead of tomorrow's US trade data. Dealers said the US dollar may move higher on expectations that the US trade data for
      414 words
    • 1182 25 SIMEX nnwMiui Open High Low Sett Eat Vol Op/lnt Vol Jun 90 91.51 91.53 91.51 91.52 4199 ***** 1219 Sep 90 91.44 91.46 91.44 91.46 1338 5176 718 Dec 90 91.24 91.25 91.24 91.25 421 2528 238 Mar 91 91.10 91.10 91.10 91.10 4 537 32 Jun 91 90.97 98
      1,182 words

  • COMMODITIES
    • 358 26 Reuter OIL MINISTERS of Saudi Arabia, Kuwait and the United Arab Emirates will meet in Jeddah today to discuss the world oil market situation, the Saudi press agency reported. It said the meeting was part of consultations between members of the Organisation of Petroleum
      Reuter  -  358 words
    • 340 26 Bernama MALAYSIA'S plantation sector, projected to grow at a slower rate because of weaker commodity prices this year, needs to step up mechanisation of estate operations to improve productivity and enhance competitiveness, PB Securities Sdn Bhd said. Mechanisation would also reduce the industry's
      Bernama  -  340 words
    • 169 26 AFP THE Finance Ministry will lift a ban on Japanese brokerage houses' sales in Japan of foreign investment trusts which incorporate commodity futures overseas, a leading economic newspaper reported Saturday. The Kihon Keizai said that as the first step, the ministry has
      AFP  -  169 words
    • 783 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) remained unchanged at M$ 17.21 per kg yesterday on lack of European demand. At the opening, bids totalled 75 tonnes against offers of 72 tonnes. Of the final turnover
      783 words
  • 933 26 Rubber Apr 12 j MS (h» In taM Soenu/ln j Noon Close Int I RSS Prompt 154.75/155.75N 155.50/156.50 Int I KSS May 90 157.75/158.25 158 50/159 00 Int I RSS June 159.00/159 50 160 00/160.50 Int 2 RSS OP I52.75/I54.75N 153.25/155.25N Int 3 RSS OP I47.2V149 25N I47.7VI49.75N Int
    933 words
  • Page 26 Advertisements
    • 565 26 NOTICES IN THE MATTES OF THE COMPANIES ACT, CAP. M AND IN THE MATTES OP PONG THEK CO (PTE) LTD (laearperated la Slag*pore) (la member*' vduUry wtwllag-«p) At an extraordinary general meeting of Fong Ther Co (Pte) Ltd duly convened and held at 116 Middle Road, #08-04 ICB Enterprise House
      565 words
    • 318 26 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF GOON POULTRY FARM (PTE) LTD (la Member*' Vaiaatary Liqaldadan) Special Raaalittaaa NOTICE IS HEREBY OIVEN that at an Extraordinary Oeneral Meeting of OOON POULTRY FARM (PTE) LTD duly convened and held at 141 Middle Road, #06-03
      318 words
    • 20 26 I I Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      20 words
    • 15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 1011 27 City Flight ETA Flight ETD City Flight ETA Flight ETC Abu Dhabi GA893 1045 GA892 0110 Kota Ktmhahi MH631 1530 MH630 1020 GA974 2359 Kuala Lumpur MH640 0810 MH602 0030 HEEZ9 2035 UF82 2200 MH630 SQ103 MH605 SQ105 SQ107 0930 0950 1020 1050 1305 SQ102 MH604
      1,011 words
    • 636 27  -  LETTER FROM CRETE By Dina Kyriakidou NEW FINDS by archaeologists in western Crete could shed light on Europe's earliest civilisation the Minoans whose daily life is still shrouded in mystery. Some important clues could come from what appear to be about 50 clay
      636 words
    • 152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4230 1.4450 Canadian dollar 1.3920 1.6100 NZ dollar 1.0700 1.1100 Sterling pound 3.0430 3.0630 US dollar 1.8730 1.8830 Local dollars to 100 units of foicigi currency Austrian schilling 13.30 16.30
      152 words
    • 111 27 Duration Title Venue Organiser Tei Duration Title Venue Organiser Tel Apr 5-23 International Buenos Fundacion ($4)1/*****65 Apr 21-26 International Barcelona Feha di (34)3/*****01 Buenos Aires Aires El Libro Motorcar Business Barcelona Exhibition and Accessories Apr 7-12 International Brno, Foires Et (42)5/*****11 Exhibition Consumer Goods CzechosloExpositions De Apr
      111 words
  • Page 27 Advertisements
    • 75 27 T I J A V \T JT Tht business person's choice every Tuesday, I Irt I \f m I\J If Thursday, Saturday and Sunday. Leaving Changi I\l I 1/ 1/ I I I|\ |V Airport at 21:55 hours and arriving at La X W WW X JL \JL \k G^rdi
      75 words
    • 25 27 O^i IMI i l M| l 1 1 |l l Imm iHH -px i r ri Jjs£LUMfLkei j a Lira, fllß4^|MiaHH|o||HL| Properties ON SALE NOW
      25 words
  • Page 27 Miscellaneous
    • 240 27 I Bath's outlet for publicity 5 Largely animal cunning (6) 5 10 Covers spread out 11 I make certain without de- "1^^ 12 Gets on well with the cas- hB tanets 14 Old sailor I classify as a born jumper... (10) H H H H 22 Sound guide to Schubert's
      240 words
    • 227 27 Singapore OUTLOOK: Showers over several arras in the early morning and late afternoon Report for 24 hours prior to 7.30pm on Apr IS at the airport: Mm temp 30.2 Assoc humidity 71 Min temp 23.1 Assoc humidity 99 Rainfall in 8.7 Rainfall this mth 42.2 Rainy days this mth— 6
      227 words
    • 39 27 i.l"lmfirs not ukc oP foR Borrd UDHPST'S MAPPCN IMG ft) S\* *€iS«NFMjS\ V\M TWC FP>miL.N/ R UtSfPvBOUT. J ooR bclomed pern's j —1 f 1 FOONDei? GOING Th(?OUGH a S<AM Gl£a Guifci-, \QgwT*: He?/ tVIWMO STANDARD CO. LID.. IM2-I>M
      39 words

  • 552 28  -  From Anna Teo in WASHINGTON FIRST DEPUTY Prime Minister Goh Chok Tong was scheduled to open his three-day visit to Washington yesterday with calls on US President George Bush and his National Security Adviser, Brent Scowcroft. The meeting with Mr
    552 words
  • 474 28  -  From Loh Hui Yin in OSAKA JAPANESE businessmen were told yesterday to make use of the economic triangle of Johore-Singapore-Batam for their operations in South-east Asia, a concept which has the blessings of the Malaysian and Indonesian governments. Conveying the message to
    474 words
  • 276 28  -  By Harish Mehta THE FALL of share prices on the Bombay Stock Exchange, triggered by rumours of a war between India and Pakistan, has been arrested by the intervention of financial institutions, the chief of the city's stock exchange said yesterday. In a
    276 words
  • 703 28  -  The Bottom Line KENNETH JAMES KENNETH JAMES Kenneth James is BT's Economics Correspondent CASE 1: Malaysian political leader Goh Cheng Teik, back home after a visit to Singapore, writes about a growing sensitivity in the Republic to perceived Singapore-bashing from
    703 words
  • 189 28 Reuter NEPAL'S King Birendra dismissed his Cabinet and dissolved the country's National Assembly yesterday, opening the way to a multi-party democracy after two months of opposition protests. The absolute monarch also announced in a proclamation read on radio that he had dissolved the other main elements
    Reuter  -  189 words
  • Page 28 Advertisements
    • 39 28 tSi —""■■■■i RENTAL m j BP" SITE OFFICE M CALL SOON LI CABIN *****67 OfficlySh^TOom^ 321 Orchard Road '08-04 Orchard Shopping Centre Singapore 0923 Tel 235 4824/5 Telex RS ***** S-UNE Fax: 733 4608 Soto Agent: Singapore Malaysia Indonesia
      39 words
    • 115 28 SOON LI CABIN 542 5168 A SPARKLING NEW AMBIKNCH AWAITS YOU After 2 weeks of renovation, Charming Garden is back with a brand new image to provide you with even better services to suit your dining pleasures. Savouring our mouth-watering Hunan dishes in a new luxurious environment is going to
      115 words

  • SHIPPING TIMES
    • PORTSIDES
      • 126 29 JAPAN'S NIPPON YUSEN KAISHA (NYK Line) will begin a connecting service in Singapore with a Ho Chi Minhbound feeder service in the middle of May as part of plans to expand its Asean network. It will charter space from Regional Container Lines, which is
        126 words
      • 80 29 AFP IRAN AND FRANCE have signed a US$23O million contract to rebuild Iran's Kharg oil terminal, the world's biggest, Kayhan newspaper reported on Sunday. The ETPM company, a subsidiary of the French group GTM-Entrepose, won the contract from the Iranian national oil company.
        AFP  -  80 words
      • 89 29 Reuter EGYPT PLANS TO INCREASE fines next year on ships polluting its waterways, the semi-official al-Ahram newspaper said. It quoted Ezzat Edel, chairman of the Suez Canal authority, as saying that ships causing oil slicks and polluting the Suez waterway would have to
        Reuter  -  89 words
      • 71 29 AFP AN OIL TANKER FIRE off India's south-west coast has left a Filipino sailor dead and four others seriously wounded, including one Italian, officials said on Sunday. A fire broke out on Saturday in the engine room of the MV Texaco which is registered
        AFP  -  71 words
      • 135 29 AFP BRITISH TRANSPORT SECRETARY Cecil Parkinson is expected to agree this week to a government subsidy of up to a £1 billion for a high-speed rail link with the English Channel tunnel now under construction. The Guardian newspaper said on Saturday that the
        AFP  -  135 words
    • 168 29 THE SRI LANKAN shiprepair industry has been given a shot in the arm by the recent deregulation of shipping. The chairman of Colombo Dockyard (COL), Tyrone Peiris, has reported afloat repairs of almost 50 ships which called at Colombo port during the
      168 words
    • 920 29 ABC Contoinerline Thirteen 5 Accord Shpg Ten 3-5 Albotros Sea-Air Seven 5 APC tine Eight I API Five 3-5 Arrow lines Nine 5 Asian Express Six 4/5 ANl Three 1/2 ASCI five I Avont Shpg line Six 2/3 Bolt Canodo line Eleven 4/5 Bolt Orient line Eleven
      920 words
    • 275 29 SOCIETE Navale et Commerciale Delmas Vieljeux is to begin the first phase of its teaming-up with Nedlloyd on West African routes on May 2 Under the first phase, the two companies will operate six Oelmas-owned container vessels with a 10-day
      275 words
    • 467 29  -  By OTHMAN ABU BAKAR MALAYSIAN shipping company Marina Shipping is eyeing a contract with the national oil corporation, Petronas, to transport the latter's oil from the new refinery in Malacca which is currently under construction. Managing director Mohd Seth Oatuk Abu Bakar said the
      467 words
    • 318 29  -  By NOOR ADZMAN BAHARUDDIN A CAMPAIGN against the imposition of NT9O, the new tariff structure introduced by the Far Eastern Freight Conference (FEFC), is underway in Penang. The signature campaign, now in full swing, was mooted by a group of no
      318 words
    • 253 29 TWO FAR EASTERN giants in shipbuilding have reported fresh overseas orders, adding to their already packed order books in the current buoyant market. One of them, the South Korean yard of Samsung Heavy Industries and Shipbuilding Co, yesterday announced new orders from two foreign
      253 words
    • 996 30 COB SHIPS Lloyd's Maritime Asia. AN INNOVATIVE container-oil-bulk (COB) ship design introduced to maximise operating flexibility in the Scandinavia-north Europe and Mediterranean forest products trade is considered to offer potential in Asian sectors. The traditional ballast leg is expected ultimately to be eliminated since the design
      Lloyd's Maritime Asia.  -  996 words
    • 149 30 AFP TANKERS continued to suffer from lack of enquiry over the past week in the single voyage sector, in quiet conditions ahead of the Easter break, traders said. The dearth of enquiries was seen as creating a build-up of tonnage in main loading areas such as the Middle
      AFP  -  149 words
    • Ships in Port
      • 1976 30 AT CONVENTIONAL WHARVES VeeMl Voy No Berth Arrival Departure Keppel Wharves Andomon Pees 12 90 IP* <36 olongside 1704/ 1900 Astro Gold 4 K34 olongside 2104, 0700 B.»kro 1 90 KI7 alongside 1904/ ISOO Muonghuaquon 2 K3I alongside 2004; ISOO lYermoshk.n 05 90W KI5 olongs.de 17 04 2300 Koto
        1,976 words
      • 310 30 Port Klang South Port: Hong Soon berth 4; Swee Ann Satu berth 4; Thai Yang berth 7A; Star Eight berth J. ECT KCT: Thana Bhum berth 8; Uni Modest berth 9; Eagle Dwan berth 10; Ever Gleamy berth 10 North Port: Bangramard berth 11; Mulpha Taiping berth 13; Seng
        310 words
    • 817 31 Feb 6-Apr 20 SFFA Standard Trading Conditions gives an overall perspective of these conditions, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500A Beach Road. #13-314 The Plaza, tel no *****45 Feb 7-Jun 6 Sea Transport covers transport geography, liner and tramp shipping, conducted by the
      817 words
    • 9338 36 AARHUB Villa de Mercure. CM O'Affretement. April 17. S Pan|ang. Ojeeegetri April 17/20 Heidelberg Expreee. Trlot. April '«(PK>. Oaaka Bay. Trlot. April 18. Lauet Maerak. Maerak Line. April 18 Arabian Sea. SeaLand/Noraela. April 20 Ming Proeperity. Yang Ming Line. April 22. Ned
      9,338 words
    • 290 42 HIGHER bunker fuel prices, harsh winter weather and vessel delays due to the US invasion of Panama have pulled down first quarter profits at Stolt Tankers and Terminals (Holdings). The
      290 words
    • 164 42 SEA-LAND SERVICE is reactivating three 1,178-TEU D-6 containerships for a weekly service linking Rotterdam, Felixstowe, Algeciras, Piraeus, Naples and Palermo. The service is operated by Transport Logistics Service (TLS), Sea-Land's intra-European operating unit. The three ships being reactivated are the Sea Leader, Sea Pioneer, and
      164 words
    • 175 42 LLOYD'S REGISTER has appointed Tony Sokolov manager of operations in the Soviet Union. Initially he will be based at the organisation's headquarters in London, where LR has established a coordinating office to handle all marine and industrial work in the USSR. Mr Sokolov says:
      175 words
    • 233 42 Seatrade Week ESSO Eastern Marine, an Exxon affiliate, is selling its four ULCCs to George Livanos' Ceres Hellenic Shipping. The price is undisclosed, but is understood to be U*****.5 million. Exxon says the vessels are surplus to requirements. They were in lay-up for
      Seatrade Week  -  233 words
    • 74 42 Reuter IRAN WILL spend US$5.7 billion on its petrochemical industry over the next five years, the Iranian deputy oil minister Ahmad Rahgozar was reported as saying. The Iranian news agency IRNA, received in Nicosia, on Saturday quoted Rahgozar as telling the quarterly magazine Iran Exports that
      Reuter  -  74 words
    • 173 42 THE MAJOR shipping conferences operating between the Far East and North America: Asia-North America Eastbound Rate Agreement (Far East (excluding Japan)/North America) American President Lines Sea-Land Neptune Orient Lines Maersk Line Nippon Yusen Kaisha Line Mitsui OSK Lines Nippon Liner system "K" Line Trans-Paclflc Westbound Rate Agreement (North America/Far
      173 words
  • Page 29 Advertisements
    • 91 29 BSWEE HENG METAL CO PTE LTD 13. TLIAS AVE 14, SINGAPORE 2263 TELE* RS ***** SHMCPL TEL: 861 5855 (S lines) TELEFAX 861 2946 y Futtjange ot 5 »rv?ea*>eory X Container HarvJk** and Sljft* «w Warehouse Truck* Stdefctts Ce*»nar Pal at Truck* Alto buy. Mil. rental A rape* BRITISH DESIGN
      91 words
    • 173 29 ■iMjOB A lively with wm A*** bookshops SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION THIS MONTH'S LUCKY DRAW PRIZE v\ on tU" of Singapore Business 'East Malaysia S$ 102.00 (Registered second clays air mail) tttj •Overseas -5594.00 (Surface I '\OTf: Overseas subscription includes j yearbook 90. SUBSCRIPTION/RENEWAL FORM I iSnl>s< ri|>tion renewal orders
      173 words
    • 147 29 INSIDE Three-in-one ship AN INNOVATIVE container-oil-bulk (COB) ship design introduced to maximise operating flexibility in the Scandinavia-north Europe and Mediterranean forest products trade is considered to offer potential in Asian sectors. The traditional ballast leg is expected ultimately to be eliminated since the design allows containers, oil products and bulk
      147 words

  • Page 30 Advertisements
    • 74 30 TO ALL OUR VALUED CUSTOMERS RIIS Shipping A/S Svendborg is a very specialised carrier for class one and any project cargoes. Having a total of 6 self-substained vessel (average, two years old each vessel). We can accept cargo to almost any destinations. For more details, please feel free to contact:Mr.
      74 words

  • Page 31 Advertisements
    • 2308 31 shipping agencies 200 Cantonment Road #12 05 Southpoint. Smgapwe 0208 \llVf# TH *****11 TELEX NO RS ***** terminal/cfs th *****11 220 rPOwfl J BOOKINGS Tol *****34 2J5 VA*# PESAKA JARDINE SNIPPING AGENCIES SON BHD PORT KELANG TEL: ***** It TELEX NO MA*****/MA***** f» I. IT/, PENANG TEL *****4 TELEX NO
      2,308 words
    • 10 31 The Baltic Exchange was closed on Friday for Easter holiday.
      10 words
    • 2143 31 Vessel Voy ETA ETD 'Port Penang p DESTINATIONS Singapore Keleng 23/4 idoo MRS M Tauro TOR MAREN M 9004 24/4 25/4 ii/ 4 |?1,4 12/S VMS 17* 18/5 21/5 22/5 24/5 25/5 21/5 27/5 28/5 28/5 MARGRETHE M 9004 1/5 2/5 26/4 28/4 19/5 21/5 24/5 25/5 28/5 29/5 31/5
      2,143 words

  • Page 32 Advertisements
    • 1160 32 ROTTERDAM/ VOY NO S POKE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKYO BAY 97/542 16/4 3/5 5/5 7/5 *5 10/5 HEIDELBERG EXPRESS 06/54« 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 13/5 LARGS BAY 20/549 25/4 27/4 15/5 17/5 19/5 20/5
      1,160 words
    • 620 32 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT IRINI 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO IRINI 25/4 29/5 1/6 4/6 6/6 NORTHBOUND TO UKC I S PORE I RDM/A DAM HBG HUIL(U K TAUSALA SAMOA Vl7* 73/4 20/5 24/5 21/5 CLYDEBANK V.2IN 11/5
      620 words
    • 1230 32 QsmmAmm. &xam REGULAR INDEPENDENT FULL CONTAINER SERVICE I WESTBOUND FOR EUROPE VSI/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA jVIA jVIA ARABIAN SEA 007W 20/04 24/04 07/05 12/05 14/(K 16/05 18/05 19/05* 20/05 21>05 22/05 NORASIA SHARJAH 9008-3 28/04 02/05 14/05 19/05 2105 23'05 2505
      1,230 words

  • Page 33 Advertisements
    • 1595 33 SjgSteamers Maritime Holdings Ltd P&O ff STRAITS SHIPPING! Containers S pan P KJanf S tan H'burf rtOMO R'daa La* ACCEPTS DOE SAILS HCIOCLKRG EXPRESS IIW IM* M MS DK lll« IMS CARGO OSAKA SAY 1»04 l« l|C IMS »«S 1W r L LAMS lAY bjo* ***** IMS 17HS IMS Jim
      1,595 words
    • 1479 33 TO; EUBQPg TO: FAR EAST J u >M aw B'mwi fu sran uo au NANJIN TONCNAE 073W 21/4 »/S 10/5 11/5 13/5 14/5 QUEENSWAY BRIDGE 013£ 17/4 »4 21/4 27/4 HANJIN ROTTERDAM OMR 21/4 11/5 17/5 11/5 20/5 21/5 HAN JIN LEHAVRE OOCE 23/4 2*4 27/4 1/5 CMOYAMC CHANCE 047*
      1,479 words
    • 26 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 30/4 KARACHI tak mbusawa mamrn ht.v tkamportaton co rn) lib. Tut awn t»c m Mti Nc aw
      26 words
    • 356 33 STRAITS/ JAPAN/ STRAITS SONNE SPECIALIST IN RO-RO A HEAVY LIFTS VESSEL AMBALIKA ASEAN ASIAN COSMIC TRADER STAR PIONEER VOY NO 54 1 112 S S'pore SM 2S/4 3/5 4/5 f Kolang 29/4 30/4 C/ 5 Penang Hong Kong Yokohama 14/5 19/5 20/5 Nagoya 10/5 17/5 Osaka 4/5 15/5 Senboku Kashima
      356 words

  • Page 34 Advertisements
    • 595 34 CR NBR **********0-0 EXPRESS SEMI-GONTAINERSHIP SERVICE VSUVOT S'PORE ROAM/ H'BURG BREMEN ANTWERP ADAM S PANJANC/2SWB v an 14/5 l«/ 5 22/5 2*5 MATARAMjSWB 31*4- 2/5 M 10.6 2< IS.* SAAB ULLAH/22W8 g-Mff 2V» 1/7 V 7 7/7 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO to Muoamnt Ate acoapflng cargo to
      595 words
    • 783 34 HANJIN SHIPPING yy <f_ FULL CONTAINER SERVICE I S par* I LeHavre R dam H'burg B'Hiven Ftteve FEEDER VSL SIN LINI HAUL LAX OAK HANJIN TONC HAE 073W 21/4 9/5 10/5 11/5 11/5 14/5 QUEEN'S WAY BRIOCE 013E 1M M SEOUL IJ9E lfl Ufl HANJIN ROTTERDAM OOSW 21/4 16/5 17/5
      783 words
    • 62 34 TRI-CEL FREIGHT SERVICES PTE LTD 34A, Tanjong Pagar Road Tel: *****02/*****11 Fax: *****54 Tlx: RS ***** Contr Vessel SIN Loading for F.S. SHAN 29/4 Jeddah, Limassol, Mersm F.Y. SHAN 09/5 Alexandria, Tripoli/Lebanon F.Y. SHAN 29/5 Beirut, Lattakia, Piraeus L. SHAN m Lagos. Matadi LEUVE/9122 17/4 Madras EXPRESS CONVENTIONAL SERVICE Vessel
      62 words
    • 1489 34 d Trl" I d IPKL SCP HKCKSCKLGfUSHKTOSKTYOMLLMVAMIRMFUNKSfirI ever cleamy im 17/4 n* nt* vi* w vs *fi 7/5 u* m 12A u* lg w mil growth nn u> w ifi ifi i$ W Y**92s2 a £2sfl EVER GOING 4/1 *5 MH 11/5 14/5 16/5 11/ l 21/S 15/0 20/0 27/6
      1,489 words

  • Page 35 Advertisements
    • 1256 35 PACIFIC INTERNATIONAL LINES (PTE) LTD Hi PIL Building. 140 Cecil Street #0340, Singapore 0106. I JAKARTA I I BANGKOK VESSEL VOY SIN J'KT SIN VESSEL VOV SIN BKK SM EDEN WIS IS/4 21M 25/4 MAI MU) 73N IS/4 21/4 3S/4 DELTA MAS ISIS 22/4 25/4 2S/4 KOTA NAQA 01M 21/4
      1,256 words
    • 1076 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** m EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG R DAM LHAVRE He«Jet>erg Exp 06/546 17/4 19/4 6/5 9/5 11/5 8/5 13/5 Osaka Bay 93/545 19/4 14/5 6/5
      1,076 words
    • 476 35 M MYANMA: FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen Bkok PAGAN VISSW 23/2« APR PATHEIN VlOl urn apr MYOMAYWA V 126 ts& APR 20/24 APR MERGUI V 99 iv» may THE BANK UHi (A service o» Andrew Weir Shipping) \Vr SEMI-CONTAINER SERVICE VI HEAVY
      476 words

  • Page 36 Advertisements
    • 546 36 IRANIAN SERVICE Singapore Loading for:IRAN EKRAM 20/4/90 Banda Abbas (NatlMal Um Of Mulct) U.S. WEST COMT/MBUCB/CHTR/U. AMERICA COMTAMBI SERVICE HKG L 8 ENSCNAOA L.CAMCNAS S CRUZ MANUNIUO IHTALVM MM— up OAXACA Vli 11/4 13/5 140 110 20f5 rtrt ■OftELOS VU 27/4 22/S 24/J WS XH M cohha ns ii v*
      546 words
    • 359 36 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN mm lbh oak sca FROM PSW lbh oak sca hkg sin lalakdia HE jow 2mm MOS 1705 2005 Hyundai commander is* is& nw 2ya um i»/o« HYUNDAI CHALLENGER 33E 77/04 03/05 21/06 7*106 27/05 HYUNDAI PIONEER
      359 words
    • 280 36 CCNIj Compart 1a Ckilem ile Navcgscwn Intrroceanica S.A. TO SOUTH PACIFIC PORTS SIN POM SUV PPT IRINIOBOIE 25/4 4/5 11/5 18/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 080 IE 25/4 31/5 1/6 4/6 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDMG *1543*07 1 JlfrLLßlfli 10 SHENTON WAY. STORE
      280 words

  • Page 37 Advertisements
    • 777 37 BBE Inter Con M.vmriMK ptr i.ti» FCL/tCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —22/4 TOKYO —19/4 LE HAVRE —23/4 LAUTOKA —26/4 KEELUNG —22/4 YOKOHAMA —19/4 ROTTERDAM —23/4 SUVA —26/4 MANILA —20/4 KOBE —19/4 UK PORTS —23/4 BANGKOK —22/4 AUSTRALIA HAMBURG 23/4 AFRICA BUSAN —21/4 1* nAIA GOTHENBURG —23/4
      777 words
    • 670 37 VESSEL Jkt PKg 'Pen 'Blili Sin S baya Auckland F>j.<*) N Plymouth A) Timanf UtteitwXß) Napier »e nflorxC. Tau'ang/ I N Rosar.o/900/ 30/4 27/4 2*4 25/4 25/« 35 ISIS 22ft W l«ft lift I*s 21/5 22/5 23/5 Rouen 9008 9/5 12/5 5/5 9/5 11/5 16/5 29ft 7/6 3lft 1/6 2/6
      670 words

  • Page 38 Advertisements
    • 964 38 llilifiiilg VOY *INDO 'PK/PNG fsGP LB CHLS NFK NYC HFX OOCL FAITH 19 22/4 21/4 19/4 12/5 22/5 24/5 2*5 JO/5 OOCL FRIENDSHIP 19 23/4 24/4 21/4 19/5 29/5 31/5 2/t 6/6 NEPTUNE JADE 24 30/4 1/5 3/5 26/5 5/1 7/1 9/6 13/6 OOCL FORTUNE 20 7/5 1/5 10/5 J
      964 words
    • 690 38 leTD SIN (t DAY) Ml DAY) oday) MENA ¥T~ 20/04/90 PORT KELANG PENANG BANGKOK JACQUELINE TWICE/WKLY BOOKING .CONTACT w ETD SIN (3 DAYS) DAYS) (1 DAY) 19/04/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY aak TWICE/WKLY etd SIN (6days) mimy) (4OAYS) tuvmccmw I 20/04/90 BUSAN lIAN,LA SERENE/SITI TWICE/WKLY [ETOIIN (8 OAYS) *(2
      690 words
    • 306 38 %oOnuncnm3u racfivc Shipping jr TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S POKE PK LOAWNC FOR ARTEMSMW SM SETEjRO*ANT/nWUK BYRON V hi PI W 2V« SETE/RWt/AHT/FLLI/UK AR BEL A SM SETE/ROMfAATfFIU/UK Load* Satoh/lndanMU MULTIPORT AGENCIES (S) /On PTE. LTD. I IV *****77 PAX: *****31 \J?J/ PJL MULTWOfIT SON OHO. TEL: MCMI
      306 words
    • 578 38 Ac?Si GOLDEN LINE wv£«v\ GUAN GUAN SHIPPING (PTE) LTD a, TtM Amt Strwt SINGAPORE 0104 1 TEL: ***** M (10 LINES) Fix: *****04 STRAITS/PERSIAN GULF S£RVIC£: S-pora P. U«« Pananj COLOEN HAVEN CMMAM IWV GOLDEN OEM Cohimot-iu'io- Dub* 2M» Apr CHINA SERVICE Ml TUN SMAN n/24 Apr CASABLANCA SERVICE AVESML
      578 words

  • Page 39 Advertisements
    • 1669 39 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 M USA-*****16, FAR EAST-*****48 Documentation: *****44/*****14 MW Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang-*****87, Penang-*****0, J.Bahru-*****3, *****4 FLX ROM HAM MOTHER VSL/VOY LEH FLX EDM HUM 9CP NAM
      1,669 words
    • 1111 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS 213WJRS ***** RS ***** HEras" ISVS»,»■.»■« (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VCSSCU VOTAfiC
      1,111 words

  • Page 40 Advertisements
    • 611 40 ATTENTION We are starting We are pleased to announce to our valued clients that the first eastbound vessel under the Joint FE/Europe/FE Service between SENATOR Linie, AND DSR-Lines/ POL (EACON MEMBERS) will be the M/V London Senator eta Singapore 24 April 1990. We are starting We are pleased to announce
      611 words
    • 1178 40 UKC COWYKHTIOWAL WKYICK Vessel P KLG PNC PC. L#adin« «w TONGCHUAN Rottertaw/Anhwcp YANGCHUAN 28/4 Rotterdam/Antwerp china rvu. cowtap«k» «mvicm Vessel PKI PNG SPORE BKK HKC SHA QIN LYG WEI HE 50 27/3 2*3 31/3 *4 I*4 YANC FANC KOU 125 31/3 2*3 5/4 11/4 I*4 20/4 Accepting FCL Carjo lor
      1,178 words
    • 272 40 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH In Port 15.4 90 PK BALAM NAGA JAYA 13.4 90 15.4 90 PANJANG LAMPUNG JAYA 18 490 21.4.90 PANJANG PINANG JAYA In Port 16 490 PANJANG/PK BALAM PERITA JAYA 20 490 23
      272 words
    • 522 40 r—^rr \|gcV\ 1 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN "I: Diulfa. Astara VIA ILYICHEVSK ETD SINGAPORE 16/4, 26/4, 2/5, 12/5, 18/5, 23/5, 29/5 1 EUROPE I :To all
      522 words
    • 499 40 ASEAN PORTS Nrow Hock Agency Co Ltd BKK (Tel: *****80) [vtaa Ivor wiwom tmmm JIM BHLHT 04W Tut 17/4 Fri I 28/4 MAHA BHUM OSW W«d U/4 Sat I TIH SIRI BHUM 443W Thuf M/ 4 Sun 22/4 MEKHAWIK KURAKO 05W Fri gg How 23/4 PIYA BHUM 221W Sat a/4
      499 words

  • Page 41 Advertisements
    • 1132 41 r™j™J™J™"™n EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 18/4 25/4 A VSL 21/4 27/4 A VSL 24/4 30/4 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR PROGOTI 18/4 S.KOREA/JAPAN FAR EAST/MEDITERRANEAN SERVICE ETA S'PORE LOADING FOR BISKRA In Pt S. Korea, Japan ALL VESSELS ACCEPTING FCL CONTAINERS
      1,132 words
    • 198 41 ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOAOtNO FO« SPOWE ANDtNET 19WB 08/06 DARESSALAAM. MOMBASA. DJIBOUTI ASSAB MASSAWA HOOEIOAH abyot Tuve IVOS oaressaiaam mombasa cu«outi ASSAB MASSAWA HOOCIOAH Pi KIEN HUNGTINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore P. Louis
      198 words
    • 626 41 feßto-P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISCD REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG f AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
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    • 719 41 nm BAY OF BENGAL SERVICES MADRAS CALCUTTA VESSELS WY SIR MAA SIM INGER RIIS 02N90 SLD 22/4 27/4 INGER RIIS 03N10 27/4 04/5 U/5 INGER RIIS 04N» Ufi 11/5 25/5 INGER RIIS 05M0 25/5 01/6 OW MEETE RIIS OUiV OM 15/6 22/6 DANISM FLAG YEAR BUILO I*9 VESSELS VOY SIN
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    • 291 41 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: M.V. "C. VEROLME" V 246 ETA 26/4/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN |vd Hf» Ifi. |>tow [am Fat/MyILiy |s >f I C. VEROLME 18/3 2t/3 3CV3 ?7/3
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  • Page 42 Advertisements
    • 1103 42 iFMdvfnm |Voy PNGIPKL IMother Vnut |Voy SIN I LAX |OAK IhOU IOAL |CMI/ I NO*I MEM iNYCI OUR NEW USA SERVICE CALLS MJNGA K EMU N INC V t4t I*4 AU.IGATOK CIORT V ***** 23/4 12/5 14/5 lift I*s I*s I*s I*s I*s SINGAPORE runga kemuning vm -an auwatow symphony
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    • 86 42 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73 TLX: ***** WGATE jit The ■BANGKOK 21/4 [HONG KONG 23M lOS ANGELES 2M MANILA 20/4~ r EE/KAO Lew YORK BUSAN 19/4 t Lakarta 21/4 [tokyo/yoko 24/4 [EUROPE I jp KELANG/PENANG 20/4 [nAGQYA 2y* WANGOON 23/4 KOBE 23/4 FELIXSTONE 21/4 AUSTRALIA SOUTH
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  • Page 42 Miscellaneous
    • 141 42 e^' eo >er SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON APRIL 17. LEGEND R Thunderstorm Temperature c X\ Sho er Weather Wind direction with speed m knots ,n Wove height Cloudy Sky Surface winds are indicated by arrows which Hy with the wmd Q One full circle represents
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