The Business Times, 18 April 1990

Microfilm: NL16972
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 170/12/89 Wednesday April 18 1990 75*
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  • NEWS SUMMARY
    • Article
      South Korean investment abroad up 201.7pc
      46 1 SOUTH KOREAN corporate investment overseas between January and March jumped by 201.7 per cent from a year ago to US$3B3 million on an approval basis, the Bank of Korea reported yesterday. It said the three-month tally involved 125 equity projects.
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    • Article
      Office rentals rising
      31 1 OFFICE RENTALS have risen 79 per cent over the last 16 months and look set to climb another 20 per cent before the year is out. Page 2
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    • Article
      Industrial property
      25 1 PRICES of warehouses and Hatted factories are still lower than in 1984, unlike other properties which have well exceeded 1984 levels. Page 2
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    • Article
      Fears over price rise
      38 1 SPECULATION is rife that Indonesian domestic fuel prices will be increased, after signals last week that its traditional Western donors will not be able to supply the kind of aid it wants Page 9
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    • Article
      Hills favours new body
      41 1 US TRADE Representative Carla Hills has endorsed the ereation of a new global trading organisation as a way to foster economic growth, but only if the current round of trade liberalisation talks ends in success Page 10
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    • Article
      Koreas in tie-up
      31 1 THE TWO KOREAS, hostile rivals since the Korean Peninsula was divided at the end of World War 11, are to form their first ever joint venture Page 11
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    • Article
      Aussie firms Greening
      25 1 AUSTRALIAN business, under siege from the country 's powerful environmental movement, is fighting back with its first environment policy statement Page 11
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    • Article
      Vague Vega
      11 1 IS Suzanne Vega suicidal or very talented? Page 17
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    • Article
      SIA Cargo's plans
      33 1 A FREIGHTER every two years that's part of the ambitious plans SI A Cargo has mapped out to propel itself further into the big leagues. Shipping l imes Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      39 1 Prices opened broadly lower on Wall Street yesterday after two economic reports dashed trader hopes for an easing of interest rates. The l)ow Jones Industrial Average was oft 10.58 to 2,752.48 after one hour of trading.
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    • Article
      Footsie higher
      39 1 LONDON share prices were up slightly in dull trading at midday yesterday as investors kept away from the market following the Easter break. At about 1115 GMT, the KISE 100-share index was up 1.9 points at 2,224.
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    • Article
      Shareholder hits back
      30 1 AN OUS shareholder, in an open letter to other minority shareholders, responds to the management's objections to his proposed resolutions aimed at maximising shareholders' value Page 3
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    • Article
      Kamunting defence
      24 1 T K LIM of Kamunting defended his company's proposed merger with M Plant in an analysts' briefing in Singapore yesterday. Page 3
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    • Article
      Trusts scrutinised
      14 1 HOCK LOCK SIEW takes another stab at closed-end investment trusts Page 3
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    • Article
      Good marks for S'pore
      18 1 SINGAPORE is rated highly as a forcx ccntrc in a BIS report Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 765.68 -0.40 Kuala Lumpur ....553.26 f 0.08 Hongkong 3,020.44 24.75 Tokyo 28,461.60 -1.58 Sydney 1500.0 (-1.6 Monday Change New York 2,763.06 +11.26 London Closed
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    • Article
      CURRENCIES
      23 1 Exchange rates USS s$ 1.8775 Yen (100) SSI.1749 MS SS0.6870 Money market rates Overnight 5 3/4% f 1/4 3-month 6 8/16% -1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix US$373.85 -US$1.65 Rubber S'pore May l57.00Vkg -1.50 M'sia May 21 IMP/kg f0 50 KL Tin Turnover 59 tonnes -13 Spot M$l7.25/kg »-0.04 Crude palm oil futures Turnover 562 lots 1,008 May M$665/tonne unch
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  • Article, Illustration
    URA rejects Sogo's plan for Bideford site
    450 1  -  By Conrad Raj JAPANESE retailer Sogo's bid to build a 500-room hotel-eum-shopping complex in Bideford Road has been rejected by the Urban Redevelopment Authority. The Authority turned down Sogo's application on the grounds that it was against the Master Plan for zoning of
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  • Article
    Elders about to sell Asian operations to Japanese party
    352 1  -  By Conrad Raj THE ELDERS GROUP of Australia is said to be on the verge of selling its Singapore and other financial operations in Asia to a Japanese party. Elders declined to name the party but it is believed to be
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  • Article, Illustration
    Lock icon Moscow launches economic sanctions against Lithuania
    269 1 Agencies THE SOVIET UNION has launched economic sanctions against rebel Lithuania by reducing supplies of natural gas to the Baltic republic, the Speaker of the Lithuanian Parliament said yesterday. He told the assembly that Soviet authorities had announced they were "sharply reducing" gas supplies
    Agencies  -  269 words
  • Article
    Shipping Times expands
    237 1 SHIPPING TIMES takes on a new look from today, with a fresh approach to the packaging of news and information about transport and communications. Hum new limes has tor 12 years provided reader-, in Singapore and Malaysia, where the Shipping limes is circulated with the Matuyuan liusiness
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  • Article
    Singland bid set to turn bitter
    154 1 ON A SUNNY afternoon 12 days ago, Mr Oei Hong leong walked quietly from his UIC Building across Shenton Way to Shing Kwan House. His mission to personally inform Mr S F lao that UIC was making a bid for Singapore I .and, and
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  • Article
    GK Goh to offer 50m new shares at $1 each
    418 1  -  By Magdalene Ng G K GOH HOLDINGS is to offer for sale 50 million new shares at about $1 each by the end of April or early May as a prelude to a listing on the stock market. G K
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  • Article
    Lock icon US inflation close to eight-year high
    231 1 AP CONSUMER PRICES in the US shot up by an unexpectedly high 0.5 per cent last month, pushing the inflation rate for the first three months of this year to its highest level in almost eight years. A US Labour Department announcement yesterday blamed
    AP  -  231 words
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      Page 1 Advertisements Column 2
      4 1 Compromise offer. I*g 10
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    • Advertisement
      Page 1 Advertisements Column 3
      105 1 "HP WATCHES OF SWITZERLAND Wisma Atria #02-06 Tel *****48/*****04 Scotts Shopping Centre #01-16 Tel *****06/*****43 Analysis, Pg 13 PENTAX of auto focus zoom cameras. The super slim compact zoom with a full range of automatic X functions from focus and exposure controls to film S handling and Hash discharge plus
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Xerox sets up software centre at Science Park
        77 2 AMERICAN multinational Xerox Corporation has set up a software R&D facility at the Science Park to support its worldwide R&D needs. The 4,000 sq ft development centre is expected to eventually house up to 30 software engineers. In a statement, the National
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      • Article
        Appeal from Census chief
        83 2 THE Census Superintendent has appealed to households in Singapore to complete their census forms promptly to ensure efficient completion of the exercise. In a progress report on the 1990 population ccnsus exercise now in its second week. Census chief Lau Kak En said that as ccnsus
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      • Article
        New Zealand meat ventures
        75 2 SINGAPORE meat processors and distributors may find opportunities tor joint ventures with New Zealand meat producers. The New Zealand Meat Producers Board is encouraging member companies to invest abroad to be closer to the buyer, the chairman of the board, Mr David Firth, told BT. Singapore,
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      • Article
        If you have it, show it
        75 2 THE ACQUISITION of a new software that tests hands-on knowledge and competency levels of job applicants on 14 different software programmes is proving to be a boon for personnel recruitment company Business Trends Ptc Ltd. Called QWIZ, the skills evaluation system allows Business Trends,
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      • Article
        Action plan for service clubs
        79 2 SERVICE CLUBS are coming together for a one-day seminar to develop an action plan for community service. To be held at the Marina Mandarin Ballroom on Sunday, the seminar is the first step towards a centralised effort by service clubs in Singapore to meet changing
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      • Article
        Opportunities in publishing
        91 2 KEY PUBLISHING issues like how to identify and seize new market opportunities, ways to avoid pitfalls, and how good design becomes a bottom-line asset will be addressed in the 3rd Asia-Pacific World Publishing Congress to be held in the Hongkong Convention and Exhibition Centre Irom 25-29 June.
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    • Article, Illustration
      Office rentals soared 79pc in last 16 months
      457 2  -  By Lilian Ang RENTALS for officc space in Singapore have risen 79 per cent over the last 16 months, and look set to soar by a further 20 to 30 per ccnt this year. This trend is likely to continue till after
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    • Article
      Industrial property prices yet to reach 1984 peak, index shows
      355 2  -  By Lee Han Shih THERE is still some way to go before prices of warehouses and flatted factories reach their peak, judging from the latest government index on property prices. The quarterly statistics cover the period from 1984 to the
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    • Article, Illustration
      Econ Piling in venture to build $50m Batam housing project
      345 2 LOCAL CONTRACTOR Econ Piling is jumping onto the Batam property bandwagon amidst a rush of construction activities by other Singapore companies. Fresh from completing piling work for OCBC's Tanjong Rhu residential development, the Econ group, together with an Indonesian party
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      Page 2 Advertisements Column 1
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      Page 2 Advertisements Column 2
      231 2 112 14 MARGATE ROAD DISTRICT 1543 MOUNTBATTEN g== 1 I l°l r- < O To **r% O O It zl oc K Li SUBJECT /I SITE g Arthur //luT J iUol 5?!155 W—' View point Meyer Tower East Coast Parkway —-y- fj" To City SEA Cha^g 9 Alport f FOR
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      OUS shareholder presses ahead with his case
      446 3 A DISGRUNTLED shareholder of Overseas Union Securities has taken his case for turning the listed closed-end fund into an open-end fund, to minority shareholders of the company. In an open letter dated April 10, Mr Lo Kok Kee, who owns 5.2 per cent
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    • Article
      Lock icon Sri Damansara bought for M$184m
      190 3 Bernama MALAYSIAN Plantations Bhd has clarified that its wholly-owned subsidiary, Kuala Lumpur Land Holdings, is buying the entire issued and paid-up capital of Sri Damansara Sdn Bhd from Magnum Corporation Bhd for a total of M$ 184.11 million, and not Ms 66 million as reported
      Bernama  -  190 words
    • Article
      Pan Pacific Pub offer oversubscribed 18 times
      240 3 PAN Pacific Publications, the first Sesdaq listing of the year, was oversubscribed by about 18 times when the offer closed yesterday. The book publisher and retailer had offered 7.2 million 25-ccnt shares at 60 cents each at the beginning of this month, giving
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    • Article
      Singmarine hooks $9m boat contracts
      224 3 KEPPEL GROUP subsidiary Singmarine Industries Ltd has recently bagged about $9 million worth of contracts for new boats, including a 32metre high-speed catamaran which will ply between Singapore and the Malaysian resort island of Tioman. The aluminium ncwbuildings. comprising the catamaran. a passenger launch and
      224 words
    • Article
      The bottom line: Maximise returns for all shareholders
      577 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan THE LOT of minority shareholders in Singapore is often not a happy one; worse still if you arc a minority shareholder of a closed-end investment trust. One reason for putting money in such funds
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    • Article, Illustration
      Kamunting Corp CEO defends merger plan
      449 3  -  By William Chia KAMUNTING Corporation Bhd's plans to merge with Malaysian Plantations Bhd to form Kamunting Amalgamated Bhd (KAB) must at the end of the day create real value through KAB's business operations if the scheme is to succeed. Kamunting Corp chief executive officer
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    • Article
      Guthrie throws light on Shahzan decision
      272 3  -  By Abdul Hadhi (iUTHRIE GTS Ltd has confirmed an earlier BT story that it is withdrawing its lawsuit against Taras Holdings over the Shahzan Tower deal and has obtained an option to buy into a Malaysian property company connected to Taras. In an announcement,
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    • COMPANY BRIEFS
      • Article
        Perlis Plantations buys Borneo Filem
        115 3 PERLIS PLANTATIONS Bhd has acquired 48.83 million shares, representing the entire issued and paid-up capital of Borneo Filem Organisation Sdn Bhd (BFO) for M 540.32 million cash. Perlis said the acquisition would enable the group to further rationalise and modernise the cinema industry to achieve
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      • Article
        Palmco to sell Penang property
        61 3 PALMCO HOLDINGS Bhd has entered into an agreement to sell an 88,000-sq-ft property in Penang to Mr Ong Boon Leong for Msls million. Proceeds from the sale will be used to finance present and future operations of the group. These include the installation of a
        61 words
      • Article
        Golden Plus buys land
        40 3 GOLDEN PLUS, through its wholly-owned subsidiary Sri Scrdang Sdn Bhd, has entered into an agreement to acquire 50 pieces of vacant land in Ulu Kclang for Msl2 million. The land will be used for residential development.
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      • Article
        I&P plans Kinrara township
        110 3 ISLAND PENINSULAR Bhd (I&P) is teaming up with Lcmbaga Tabung Angkatan Tentera (LTAT) and the Pilgrims' Management and Fund Board (LUTH) to develop Kinrara estate in Puchong near Kuala Lumpur into an exclusive township. I&P also announced that it had entered into an agreement with LTAT
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      • Article
        Dunlop sells M Plant shares
        37 3 DUNLOP ESTATES Bhd said it sold nine million shares of Msl each in Malaysian Plantations Bhd on Feb 9 on the open market. It now holds 8.706 million shares in Malaysian Plantations.
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      • Article
        Approval for Carlsberg shares
        55 3 THE MALAYSIAN Capital Issues Committee has approved the listing and quotation of Carlsberg Brewery Malaysia Bhd's 20.4 million new ordinary shares arising from its one-for-two bonus issue. Commerce International Merchant Bankers said on behalf of Carlsberg that the proposed bonus issue is now subject to the
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      • Article
        Time Engineering suspension
        28 3 TIME ENGINEERING Bhd has requested for the suspension of market quotation for Time ordinary shares and convertible unsecured loan stocks, cfTcctivc immediately, pending an announcement.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      147 3 V\4 try to achieve the same qualities for your business. The services of IFS are designed to give you a financially healthy business enabling you to prosper from opportunities leading to a happy commercial future. Our services can also help to remove obstacles in the path of your business and
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Toshiba expects lower profits at parent
        104 4 TOSHIBA Corp expects parent operating profit to fall to about 200 billion yen in the year to March 31, 1991 from an estimated 240 billion in 1989/90 due mostly to a sluggish semiconductor market, a spokesman said. That would compare with an actual 176.46
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      • Article
        Pioneer to raise US$200m
        74 4 SYDNEY-BASED Pioneer International Ltd said it plans to raise US$2OO million through a private placement of perpetual preferred stock to institutional investors. The issue, subject to shareholder approval at a meeting to be held on May 11, will raise perpetual share capital to be redeemed only
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      • Article
        Casio to buy software stake
        57 4 CASIO Computer Co Ltd will acquire a stake of about 35 per cent in a Japanese software, development company for an undisclosed sum, a Casio spokesman said. Casio plans eventually to purchase all remaining shares in Sougo Data Center Co Ltd, he said. He added
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      • Article
        CC Bottlers recommends offer
        80 4 DIRECTORS of South Australia-based Coca-Cola franchisee CC Bottlers Ltd said they recommend Coca-Cola Amatil Ltd's takeover bid as fair and reasonable. However, the directors said in a formal response to the offer that the recommendation was subject to there being no further material decline in the
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      • Article
        Honda-Rover share deal
        103 4 HONDA Motor Co Ltd's British auto unit will pay Rover Group pic, a unit of British Aerospace pic, £30 million in cash as part of a cross-shareholding agreement to be signed in London, a Honda parent company spokesman said. Honda will become a 20 per cent shareholder
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      • Article
        China sets up aviation fuel firm
        88 4 CHINA set up China Aircraft Petroleum Co on Monday to fuel aircraft operated by state-owned Civil Aviation Administration of China (CAAC), its associates and foreign airlines, the Beijing-owned China News Service (CNS) said. The company will also import and export aviation fuel and act
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      • Article
        More Sanyo refrigerators
        91 4 SANYO Electric Co Ltd will boost output of refrigerators at its subsidiaries in South-east Asia, a spokesman said. The company will double total refrigerator output at its subsidiaries in the Philippines, Indonesia, Taiwan and Malaysia from the current annual 25,000 to 45,000 within two years. Sanyo also
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      • Article
        Maybank man heads ABM
        136 4 MALAYAN Banking Bhd executive director Ahmad Mohd Don has been appointed the new chairman of the Association of Banks in Malaysia (ABM), succeeding Tan Sri Basir Ismail who has retired as Bank Bumiputra Malaysia Bhd executive chairman. The ABM said it regretted Tan Sri Basir's departure
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      • Article
        Yamaichi faces US$24m loss
        99 4 YAMAICHI Securities, one of Japan's 17 major securities companies, said on Tuesday it faces a loss of US$24 million due to one customer's bankruptcy last month. Yamaichi. on orders from a customer late in February, bought 3 million shares or one-seventh of the total of Nippon
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    • Article
      Lock icon Nintendo fights video piracy
      405 4 Reuter NINTENDO of America Inc has launched an aggressive campaign against what it described as a rising tide of counterfeit Nintendo video game cartridges. The company, a subsidiary of Nintendo Co Ltd of Japan, controls about 85 per cent of the US home video game market.
      Reuter  -  405 words
    • Article
      Lock icon Margin financing: KL gives one-year grace
      346 4 Bernama BANK NEGARA has given Malaysian stockbroking firms a year from April 15 to raise their shareholders' funds to the required minimum of Mss million, failing which they will not be allowed to grant any margin financing facilities to clients. The central bank said
      Bernama  -  346 words
    • Article, Illustration
      Lock icon Tokyo enforces arbitrage ruling
      361 4 AP THE Tokyo Stock Exchange has asked its member firms to disclose information on their arbitrage dealings starting next week. Every Tuesday, starting April 24, over 150 securities houses, including 22 foreign firms, will be required to make a report on their arbitrage dealings during the
      AP  -  361 words
    • Article
      Lock icon Major Japanese cement makers under probe
      131 4 Reuter THE Japanese Fair Trade Commission (FTC) started investigating eight major cement makers on Monday on suspicion of manipulating market share on the northern Japanese island of Hokkaido, an FTC official said. He said the FTC alleges the firms violated the AntiMonopoly Act by
      Reuter  -  131 words
    • Article
      Lock icon Strong BHP stand on tax
      241 4 AFP AUSTRALIA'S biggest company, BHP Pty Ltd, has threatened to abandon a Asl.s billion oil field investment unless the government cuts excise duties on crude oil. Dick Volk. BHP group general manager Australia, said on radio that BHP would not develop oil reserves in the
      AFP  -  241 words
    • Article
      Daiwa launches US$30m Indon fund
      295 4  -  By Quak Hiang Whai JAPAN'S Daiwa Securities has launched a US$3O-mil-lion Indonesia Equity Fund which it plans to list on the Stock Exchange of Singapore in the near future. Application has also been made to the London Stock Exchange to list the shares and warrants
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      121 4 PUBLIC NOTICE from Embassy of Indonesia It has comc to the attention of the Indonesian Embassy in Singapore that certain parties/individuals have been involved in unauthorised soliciting of donation funds for advertisements to commemorate the forthcoming 45th Indonesian Independence Day on 17 August 1990. This notice is to inform the
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      Page 4 Advertisements Column 2
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      225 words
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      229 5 puaiuoa iiuica, tt ctiuctumj /\pi n to 77V i'l mni i-ii I MWIIWI I r 01 I II U I J J □Jul JUL I I I J jjf JmwFj Ml wl I S IpiS^^L*L' HI- I 1 n fl B B t?'* --L„* ti jf'*J: .v* 4 <-i .-i
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Groupe Bull to pay Zenith US$15m more
        113 6 GROUPE BULL of Francc has agreed to pay Zenith Electronies Corp an additional US$l5 million for its computer business. Groupe Bull had previously demanded a refund of US$49 million from the U*****.4 million purchase price paid last December. Zenith in turn had maintained
        113 words
      • Article
        Alcoa's income falls 46.2 pc
        120 6 THE ALUMINUM COMPANY of America, the largest aluminum producer in the US, reported a 46.2 per cent decline in first-quarter earnings on Monday. The company cited an overall slower economy, lower prices and slightly higher costs. Alcoa said its net income fell to U*****.6 million,
        120 words
      • Article
        Hitachi units buy Dataproducts
        112 6 AFTER 16 MONTHS of negotiations, Dataproducts Corp has agreed to be acquired by a joint venture of two Japanese companies for US$lO a share, or about US$l6O million. The buyers are Hitachi Koki Co, a maker of power tools, printers and scientific instruments, and Nissci Sangyo
        112 words
      • Article
        Golden Nugget profit up 71.3 pc
        94 6 GOLDEN NUGGET Inc said on Monday that its first-quar-ter earnings had increased 71.3 per cent, largely because of a strong performance at its new Las Vegas casino and hotel, the Mirage. Golden Nugget earned US$l7.3 million, or 92 cents a share, up from US$lO.l
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      • Article
        Advanced Micro not advancing
        115 6 ADVANCED MICRO DEVICES, a maker of semiconductors, reported that it had only "marginal profitability" on operations and flat revenue in the first quarter of 1990. The company, based in Sunnyvale, California, said its operating income was U*****,000 compared with US$9 million in the first quarter of
        115 words
      • Article
        Wheeling-Pittsburgh Steel plan
        80 6 WHEELING-PITTSBURGH Steel Corp says it has reached an agreement that will result in support by its official equity committee of a bankruptcy reorganisation plan supported by the company and its major creditor groups. Goldman Sachs Co, which chairs its equity committee, said in a US Securities and
        80 words
      • Article
        Backing for Volvo-Renault deal
        74 6 AN INFLUENTIAL Swedish group of shareholders says it has approved, with some reservations, the planned alliance between AB Volvo and France's Regie Nationale des Usines Renault. The Swedish Stockholders' Association said in a statement that a survey of its members showed a clear majority in favour
        74 words
      • Article
        Gold producer posts heavy loss
        111 6 RAND MINES' key marginal gold producer East Rand Proprietary Mines (ERPM) posted a heavy 20.237 million rand (U557,783 million) loss tor the first quarter of the year. ERPM had already posted a 6.993 million rand (US$2.6B million) loss in the last quarter of last year.
        111 words
    • Article
      Lock icon IBM results send mixed signals on rival stocks
      502 6 Reuter INTERNATIONAL Business Machines Corp's stronger-than-expected first quarter earnings could indicate robust profits at other PC makers but continued earnings woes at its minicomputer rivals. IBM surged 3-3/8 to 110-1/2 in active trading on Monday after the company reported earnings per share
      Reuter  -  502 words
    • Article, Illustration
      Lock icon USX shareholders steeling themselves for tough spinoff vote
      758 6 NYT THE USX CORP's sprawling plant along the sh. >re of Lake Michigan in Gary is the foundation of what many consider to be among the most efficient steel operations in the US. Yet some analysts say the nation's largest steel producer
      NYT  -  758 words
    • Article
      Lock icon Resorts Int'l files revised revamp plan
      493 6 Reuter RESORTS International Inc has filed with the US Bankruptcy Court in the district of New Jersey an amended reorganisation plan and a proposed form of a disclosure statement describing the plan. Resorts International Inc and subsidiary GrifTin Resorts Inc also announced their 1989
      Reuter  -  493 words
    • Article
      Lock icon Atlantic Computers costs parent £550m in write-off
      404 6 Reuter BRITISH and Commonwealth Holdings pic is to include in its calendar 1989 results a £550 million write-off for its Atlantic Computers pic subsidiary. It also announced on Monday that trading in its own shares had been suspended temporarily. B&C said it had
      Reuter  -  404 words
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      Page 6 Advertisements Column 2
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      44 words
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      Page 7 Advertisements Column 1
      43 7 INTRODUCING... Berger International Holdings Limited* I Wid a^ n 2 tour >tries MU products: Marine w? ornotiv C-K,t torative e^ ran Management in Xpansio Plans P"»9ress ?'London, 1761 I I in SinQ^P 0 J V I I e 9 »o Global CM 1
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  • FINANCIAL NEWS
    • Article
      Lock icon Tokyo split over China loans
      182 8 Reuter THE JAPANESE government is split over whether to resume official loans to China, but the Foreign Ministry is likely to prevail and retain the 10-month-long freeze, bankers and the press said on Tuesday. Loans worth 810 billion yen (US$5.6 billion) for 1990-95, accounting for
      Reuter  -  182 words
    • Article
      S'pore ranks high in forex volume
      534 8  -  By Soh Tiang Keng SINGAPORE is ranked second in the world, after Britain, in terms of foreign exchange turnover in non-lo-cal currency business. Nearly 40 per cent of global trade in non-local currencies was concentrated in UK (US$l67 billion), which underlines London's role as
      534 words
    • Article
      Lock icon Profits tumble at Chase, Morgan, Manufacturers
      304 8 NYT CHASE Manhattan Corp, America's second-largest banking company after Citicorp, announced a 67 per cent drop in first-quarter profits on Monday, chiefly because of problems in its commercial real estate lending. JP Morgan Co and Manufacturers Hanover Trust Co also announced that profits from
      NYT  -  304 words
    • Article
      Lock icon Deutsche, East German bank in joint venture
      130 8 Reuter DEUTSCHE Bank AG said it had signed a letter of intent to form a joint bank with East Germany's Deutsche Kreditbank AG, after legal preconditions had been met in East Germany. In a statement, Deutsche said the new bank would aim to
      Reuter  -  130 words
    • Article
      Deutsche Bank unit to move to Singapore
      193 8 DB ASIA Finance (HK) Ltd, one of Deutsche Bank AG's project financing arms, told banking authorities in Hongkong that it plans to relocate from Hongkong to Singapore, a source close to the unit said. "It's no secret that Deutsche Bank has never been
      193 words
    • SMALL CHANGE
      • Article
        DBS Buana Tat Lee Bank opens in Jakarta
        89 8 A NEW full-service joint-venture bank between Singapore's Tat Lee Bank, DBS Bank, and Indonesia's PT Bank Buana will open in Jakarta today. DBS and Tat Lee said DBS Buana Tat Lee Bank will provide a full range of banking services including deposit
        89 words
      • Article
        Jakarta gets US$200m loan
        80 8 THE Asian Development Bank has approved a US$2OO million loan package to accelerate rural development in various provinces in Indonesia. The loan will be used to upgrade existing irrigation systems, drainage and other farm infrastructure facilities in central Java, DI Yogyakarta, south Sumatra, west Sumatra and
        80 words
      • Article
        New name for SIMBL
        91 8 SINGAPORE International Merchant Bankers Ltd (SIMBL) said it changed its name to Schroder International Merchant Bankers Ltd effective on Monday. The new name reflects the bank's position as a wholly-owned subsidiary of the UK's Schroders pic, a bank official said. Last November, Schroders bought the 51
        91 words
      • Article
        Drug money report due soon
        68 8 A GROUP of 15 western industrial nations is expected to unveil, possibly tomorrow, a joint report on preventing drug money laundering, Japanese Finance Ministry officials said. The report, commissioned by the Group of Seven industrial democracies last summer and completed in February, is made up
        68 words
      • Article
        Tokyo warning on intervention
        85 8 JAPANESE finance minister Ryutaro Hashimoto told parliament there is a danger that excessive intervention by central banks in the foreign exchange market could in itself encourage currency speculation. Mr Hashimoto did not elaborate on the remark. He was responding to a question at a parliamentary finance
        85 words
      • Article
        Where the small may not tread
        91 8 JAPAN'S Finance Ministry is likely to keep credit unions and agricultural cooperatives away from market related business such as foreign exchange dealing because of lack of adequate supervision. "The current lack of supervision of these small banks could allow them to get involved in
        91 words
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      Page 8 Advertisements Column 1
      48 8 r FOR SALE Own your own OFFICE BUILDING for as little as 555.50 p.s.f. per month I 4.(i()pm CONSERVATION PROPERTY HOLDINGS PTF. LTD, GOLDHILL ORCHARD LAND PRIVATE LIMITED, 51 Goldhill Plaza#22-01, Newton Road, Singapore 1130. Tel: *****33 Fax: *****06 Telex: GOLDHILL RS ***** Cable: Goldhouse AnoowProwofMA (ffll AUTHORITY
      48 words
  • Page 8 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Lock icon Jakarta ponders options as aid slows
      576 9 AFP INDONESIA may resort to prickly measures after signals last week that its traditional Western donors would not be able to supply the kind of aid it wants, observers in Jakarta said yesterday. Speculation is rife that domestic fuel prices will be increased, possibly
      AFP  -  576 words
    • NOTE BOOK
      • Article
        Jakarta wants unions formed
        86 9 INDONESIA has urged all companies, national and foreign, to let workers set up unions to represent them in negotiations with management. The official Antara news agency yesterday quoted Manpower Minister Cosmas Batubara as saying that unions and management should try to reach an agreement on work
        86 words
      • Article
        France woos Japanese tourists
        57 9 IN A MOVE to boost Japanese tourism in France, French Tourism Minister Olivier Stirn said in Tokyo on Monday that he approved of an idea for a French Polynesian island to be set aside for Japanese investors to build a tourist complex. He also hopes that
        57 words
      • Article
        Manila's reserves rise
        65 9 THE PHILIPPINES' gross international reserves stood at U551,751 billion last month, up from the month before but still below ideal levels, the central bank said in Manila yesterday. The reserves rose after the bank intervened at a higher than normal level in the local foreign exchange market
        65 words
    • Article
      Lock icon Beijing expects Sino-Indonesian trade to grow
      378 9 AFP CHINA expects a rapid growth in trade with Indonesia as the two are on the verge of renewing diplomatic ties after more than 20 years, the China Daily reported yesterday. "When we join hands, other bilateral ties will also be expanded," the official
      AFP  -  378 words
    • Article
      China warns US against revoking trade status
      234 9 CHINA will react strongly if the United States revokes the most favoured nation (MFN) status for the mainland, a Chinese minister has warned. "If the United States takes this kind of action against China we will of course have to take appropriate action
      234 words
    • Article
      HK brain drain exceeds govt estimates, says paper
      230 9 THE NUMBER of people who emigrated from Hongkong last year is likely to be higher then government estimates, following the disclosure that the official calculations may be flawed, says the South China Morning Post. Just the number who left for Canada is
      230 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      317 9 Impressive technology at every level. With equally impressive savings, at the high end. Starting with Wearnes Boldline M Series. An IBM compatible 7 7 286 PC that becomes a 386 SX, or an i486, in minutes, thanks to o la line. the built-in upgrade system on its motherboard, without tying
      317 words
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  • THE WORLD 1
    • Article
      Lock icon Hills favours new trade body
      403 10 Reuter US TRADE Representative Carla Hills has endorsed the creation of a new global trading organisation as a way to foster economic growth, but only if the current round of trade liberalisation talks ends in success. In a speech prepared for the North Texas Commission,
      Reuter  -  403 words
    • Article
      Lock icon Pessimism clouds Gatt talks
      164 10 AFP AS MINISTERS from 29 key trading nations prepare to meet in Puerto Vallarta, Mexico, to discuss progress in abolishing barriers, concern is growing that the current Uruguay Round of the General Agreement on Tariffs and Trade (Gatt) may be getting nowhere. The ministers are to
      AFP  -  164 words
    • Article
      Lock icon Call for political resolve in world trade talks
      103 10 Bernama A GROUP of influential political and business leaders meeting in London have urged world leaders to add political resolve to the skill of those negotiating freer world trade. The group also warned on Monday that failure to reach a substantive agreement
      Bernama  -  103 words
    • Article, Illustration
      Lock icon Moscow gets compromise offer from Lithuania
      339 10 AFP NYT LITHUANIA is prepared to compromise on some of the independence measures that have driven Moscow to threaten severe economic sanctions against the republic, say its leaders, adding that it could however hold out for a month if Moscow imposed a total economic
      AFP; NYT  -  339 words
    • Article
      Lock icon Colombo economy reviving gradually
      213 10 AP TOURISTS are returning to Sri Lanka's palm-fringed beaches and foreign investment is rising as the island nation cautiously climbs out of seven years of ethnic violence. Foreign investment, the bedrock of the island's economy, is on the upswing with the apparent end of armed rebellions
      AP  -  213 words
    • Article
      Lock icon Argentina's civil service to slash 80,000 off payroll
      313 10 AP ABOUT 80,000 public employees in Argentina will be retired or laid off by the end of the month in order to slash the fiscal deficit. The measure applies to government workers beyond retirement age or within two years of retirement. Also,
      AP  -  313 words
    • Article
      Lock icon Two Koreas to form first joint venture
      374 11 AFP THE TWO KOREAS, hostile rivals since the Korean Peninsula was divided at the end of World War 11, are to form their first ever joint venture, a Japanese press report said yesterday. South Korea's Dong-A Pharmaceutical Co would be taking out equity
      AFP  -  374 words
    • Article
      Lock icon Aussie business makes Green statement
      234 11 Reuter AUSTRALIAN BUSINESS, under siege from the country's powerful environmental movement, is fighting back with its first environment policy statement. The Business Council of Australia, while admitting business "needs to lift its game", says it wants more predictable environmental decision-making, an emphasis on sustainable development
      Reuter  -  234 words
    • Article
      Lock icon US allows arms 'offsets'
      138 11 AP THE BUSH administration has said that it will not stop US companies from offering special purchasing incentives to win contracts for military sales aboard, although it will not encourage such incentives either. A White House statement on Monday said that incentives, known in military circles
      AP  -  138 words
    • Article, Illustration
      Lock icon Keep up pressure on Pretoria, says Mandela
      346 11 Reuter NELSON MANDELA, riding a wave of anti-apartheid emotion, appealed to the world at a London rock concert to keep up pressure on white-ruled South Africa and force it to abandon its racial policies. "Reject any suggestion that the campaign to isolate the
      Reuter  -  346 words
    • WORLD WATCH
      • Article
        Tokyo economy still growing
        69 11 THE JAPANESE ECONOMY is continuing on an expansionary path bolstered by strong domestic demand such as corporate capital investment and consumer spending, the Bank of Japan said in a monthly economic review. Industrial production was also on an uptrend, but the labour market was continuing to
        69 words
      • Article
        US to stay out of Unesco
        60 11 THE BUSH ADMINISTRATION has decided that the US should not rejoin the United Nations Educational, Scientific and Cultural Organisation (Unesco). In a report scheduled to be issued yesterday, the US State Department said Unesco wasted money, was poorly managed, and had not taken a
        60 words
      • Article
        UK retail growth slows
        60 11 RETAIL SALES continued to grow in Britain last month but at a slower pace than during the two previous months, the Confederation of British Industry said yesterday, quoting its monthly survey of member companies. Sales of foodstuffs were buoyant, but those of consumer durables such as
        60 words
      • Article
        Brazil claims zero inflation rate
        68 11 THE BRAZILIAN GOVERNMENT, which has launched a harsh offensive against price rises, estimated on Monday that monthly inflation dropped to zero this month after a record 84 per cent in March. Economy Minister Zelia Cardoso de Mello, announcing the estimate of zero inflation, said in
        68 words
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      Page 10 Advertisements Column 1
      179 10 leader, Pg 12 There is no cause for alarm. else remains much the same. for hourly, daily, weekly and West Malaysia, at Kuala Lumpur What you have just witnessed is We still have the biggest and monthly rental. and Penang. Another change a simple name change. newest fleet of self-drive
      179 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      63 11 k! VIW, I W W For Sale by Tender (As instructed by the Mortgagee Bank) Warehousing Land at Sindo Industrial Estate off Upper Thomson Road Freehold Tenure Site Area 4,836.7 sm (52,062 sf) Zoned Warehouse Approved for a 4-storey flatted warehouse Close to Ang Mo Kio Yishun New Towns Closing
      63 words
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      Page 11 Advertisements Column 2
      159 11 I GOOD IDEAS KEEP COMING UP Compact SHA«y. The new laser printer that's II emulates sof the most popular Flexible paper handling manual JT v printers: HP LaserJet Series 11, Epson feed accepts even envelopes and small in Size, big on quality. FX-80, IBM Graphics Printer, IBM Pro transparencies The
      159 words
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  • Article
    Getting Gatt right
    473 12 EDITORIAL MINISTERS from 29 membercountries of the General Agreement on Tariffs and Trade (Gatt) are meeting in Mexico this week. They, and all nations committed to freer trade, must surely be uncomfortably aware of dissatisfaction with the direction and progress of the multilateral trade talks thus far.
    473 words
  • WHAT THE OTHERS SAY
    • Article
      A future for the past
      203 12 IN BOTH conservation and preservation, the first principle is to ensure, as far as possible, a project's financial viability. The government's role is largely that of a watchdog, ensuring that the spirit of the area is preserved. The rest should be left to the private
      203 words
    • Article
      Question mark over exams
      116 12 DOES OUR examination system test only students' recalling powers, but not their comprehension and analysis of the subject matter? Dr Tay Eng Soon, Senior Minister of State (Education), said there were good and bad exam systems. A bad one only tests students' recall ability. A good
      116 words
    • Article
      Why the accusations?
      161 12 SOME Thai politicians and the media have resorted to accusing Singapore of ill-treating Thai workers. But do the facts bear them out? Their working conditions in Singapore are in no way related to their sudden deaths, which also occur in other countries. The criticisms persist even after
      161 words
  • REGIONAL VIEWPOINTS
    • Article
      Dialogue needed
      163 12 INDIA AND PAKISTAN have forgotten the peace pact they signed just over a year ago as they rattle sabres over Kashmir, a legacy of the untidy partition of the subcontinent by Britain in 1947. Such complicated and emotive disputes can still be settled through talks if both sides
      163 words
    • Article
      Black irony
      178 12 WHEN, on May 2, Nelson Mandela leads an 11member delegation of the African National Congress (ANC) for three days of talks with the Whiteled South African government, that historic meeting will be taking place against a backdrop of violent outbursts in the Black community of segregated South Africa.
      178 words
    • Article
      Idle Thai talk
      158 12 WE ALL KNOW that rumour-mongering is a national pastime and that those who prefer fantasy to fact are particularly active when high-level changes occur in the government or the armed forces. The Securities Exchange of Thailand saw its share index plummet earlier this year when a malicious
      158 words
  • Article, Illustration
    Making neither dollars nor sense
    991 12  -  India and Pakistan are locking horns once again. Harish Mehta takes a look at who might lose what Harish Mehta LIKE punch-drunk puppets in a grisly Indian drama, they emerged from their last conflict poorer by only a few hundred million dollars each, their economic
    991 words
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      144 12 Iburchettes' presents its finest catch. jy--- r THE OR I E N TAL SINGAPORE Fourchettes at The Oriental, Singapore is literally going to sea. Bccausc from March 29th to April 27th, the freshest of seafoods will be presented by their French Chef. Take your tastcbuds fishing, with a seafood menu
      144 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 DOONESBURY IK3 t 5 30.1DECJDED MIKE, JUSTBECAUSEZONKERS W UHAT~ CONKER HAS A UDST HIS MINP DOESN'T MEAN YOU llin/ TIME IS POINT. MAYBE HE HAVE TO LOSE YOURS! GIVE YOLK- I TTERESSQME HCJ! rrt SHOULD BE GETTING SELF A BREAK, MUM* YOU L TRUTH TO Util&T UP EARLIER TO CON-
      54 words
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  • ANALYSIS
    • Article
      A bid-and-offer game of extraordinary proportions
      863 13  -  UIC-Singland saga: a titanic tussle yields rich conjecture and, possibly, a delicious denouement In South-east Asia's biggest takeover bid, the real play is on UIC, not Singland, says Amy Balan Amy Balan IN MAKING its bid for Singapore Land, United Industrial Corporation has drawn
      863 words
    • Article, Illustration
      The backstage drama unfolds
      1381 13  -  Property Correspondent Lee Han Shih goes behind the scenes to find out who's probably behind who and why Lee Han Shih THE JAPANESE, shaped by centuries of intrigue, have a ready word for it. Kuromaku. A term which originated from kabuki, it means the black curtain
      1,381 words
    • Article, Illustration
      Lock icon More S'pore firms expand through mergers, takeovers
      789 13 Going against their Asian grain, more Singapore companies are jumping on the M&A bandwagon Reuter BIG COMPANIES are on the move in Singapore, expanding through takeovers. "After two years of good results, they are diversifying and building up their strength through mergers and
      Reuter  -  789 words
  • Page 13 Advertisements
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      58 13 OLD and IMPRESSIONIST MASTER PAINTINGS MASTERS of the School of Paris I V I 41, ]I t I GALERIE D'ORSAY (PARIS) EXHIBITION 18th 22nd April 1990 Le Meridien Singapore 4 days only Salons Lafite Latour 2 pm 7 pm daily (lobby level) 100 Orchard Road Protect against expensive computer failure
      58 words
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  • FOCUS
    • Article, Illustration
      From just providing food to making it too
      965 14  -  COMPANIES In an occasional series, Yong Pow Ang spotlights low-profile Provisions Suppliers Corporation, which is seeking a listing Yong Pow Ang PROVISIONS Suppliers Corporation (PSC), which seeks a public listing on the main board, is often mistaken as just another name for
      965 words
    • Article
      Pioneering duo's visionary drive
      545 14 BEHIND the $76-million business of Provisions Suppliers Corporation are two former provision shop operators the managing director, Tan Ling San, and the deputy MD, Chong Kar Kee. For the Chinese-speaking duo, their greatest achievement is that they succeeded in convincing some 100 provisions shop operators to
      545 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      89 14 you make me fc cI brand new. The thirst for Perrier is finally over. Brand new stocks of the long awaited "champagne of water" have just arrived, carrying labels that say "New Production". Ijook tor it, evervtime von order a Ixjttle of Perrier. And to enhance the joy of drinking
      89 words
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  • SPORTS
    • Article, Illustration
      Beating the opponent was easy, beating the heat wasn't
      436 15  -  By A Surendren THOUGH there were no upsets in yesterday's first round of the DHL Singapore Women's Open, the only thing that was upsetting was the weather. There was far too much sun and far too much humidity. First to face
      436 words
    • Article
      Lock icon Meier upsets No 5 seed Gildemeister
      244 15 AP QUALIFIER Silke Meier of West Germany upset No 5 seed Laura Gildemeister of Peru 6-1, 6-4 on Monday in the first round of the U*****,000 Eckerd Tennis Open. Meier, ranked 132 nd in the world, broke Gildemeister's serve four times. Gildemeister had eight
      AP  -  244 words
    • Article
      Lock icon McNulty wins Cannes Open for second time
      307 15 AP MARK MCNULTY shot what he described as a boring l-under-par 71 on Monday to win the Cannes Open for the second time in three years, edging Northern Ireland's Ronan RafTerty by a stroke. McNulty, a Zimbabwean passport-holder who has moved to Britain
      AP  -  307 words
    • Article
      Lock icon Olympics champs shine in Boston
      225 15 AFP ITALY'S Gelindo Bordin and Portugal's Rosa Mota, gold medallists at the 1988 Seoul Olympics, triumphed in the Boston Marathon on Monday. Bordin, the first Olympic men's champion to win in the Boston Marathon, overtook Tanzanian Juma Ikangaa with six miles to go and cruised
      AFP  -  225 words
    • SIDE LINES
      • Article
        Lock icon Frenchman wins line honours in sea race
        90 15 AP THE FIRST four sailboats in the Corum China Sea Race arrived in Manila yesterday to lead 58 other racers that sailed from Hongkong five days ago. Race officials said line honours went to the 51-foot Corum II skippered by Frenchman Philippe Briand
        AP  -  90 words
      • Article
        Lock icon Mets beat Chicago Cubs
        54 15 AP FRANK VIOLA extended his scoreless streak and Howard Johnson doubled twice, driving in three runs as the New York Mets beat the Chicago Cubs 10-1 on Monday. Viola (2-0) struck out eight, walked none and allowed four hits in six innings before Alejandro Pena got
        AP  -  54 words
      • Article
        Lock icon Milwaukee has record shutout
        40 15 AP THE MILWAUKEE BREWERS recorded the largest shutout in the club's history, pounding out 20 hits and beating the Boston Red Sox 18-0 on Monday before a Patriots Day crowd of 35,478 in Fenway Park. AP
        AP  -  40 words
      • Article
        Lock icon West Indies clinch series
        54 15 AFP THE WEST INDIES won the fifth and final cricket test with a day to spare to clinch the series against England 2-1 in St Johns, Antigua, on Monday. England crashed to an innings and 32 runs defeat after being bundled out for only 154 in
        AFP  -  54 words
      • Article
        Lock icon Blast did wonders for Hallett
        65 15 AFP HONGKONG OPEN winner Mike Hallett scraped through to the second-round of the World Snooker Championship in Sheffield, England, on Monday after a blast from manager lan Doyle. The shrewd Scottish businessman had attacked the sixth seed for taking life "too easy" and his stinging
        AFP  -  65 words
      • Article
        Lock icon Roche hangs on to lead
        75 15 AFP FRENCHMAN Raymond Roche hung on to his lead in the World Superbike Championship in Donington Park, England, on Monday with two second places in the second round of the series. American Fred Merkel, champion for the past two years, cruised to victory in the
        AFP  -  75 words
      • Article
        Lock icon Foreman targets Tyson
        67 15 AFP GEORGE FOREMAN is hungry. Along with his taste for fried chicken and Twinkies, he has an appetite for former heavyweight champion Mike Tyson, then for a shot at the heavyweight title. Foreman, 41. had hoped for a shot at Tyson this year, but Douglas' Feb 12
        AFP  -  67 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      109 15 m :V A > m m </ if j I K K o* m r V v I \> -V, \t „i > <* ft*. 1 v v 'L V 5 4* te -v m A *r v f-JSU' m 1 V/ »ti -5 m m tMiA-Jr ;M T jjff/
      109 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      230 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by wwrUof-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. I Reservations. 330 8310 or 338 8585 ext
      230 words
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      Page 16 Advertisements Column 2
      314 16 UNIQUELY HYATT Brannigan s is a pub unlike others it specialises in din! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday 11 am to lam Friday and Saturday 11 am to 2am H 1 f Hyatt Regency© Singapore lOl2Scoct>
      314 words
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      Page 16 Advertisements Column 3
      305 16 Plaza Hotel Tourism Authority of Thailand jointly present SO!\iGKRA!\ FESTIVAL 5 18 APRIL Catch the fascinating Flying kan« Kong' chefs. Thai models, craftmen and cultural dancers on show Pick sweet mangoes and other fresh fruits in season April 13 celebrate the Thai New Year. Songkran Day. traditional way! For enquiries
      305 words
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      Page 16 Advertisements Column 4
      312 16 PROVINCIAL BUFFET |(nO 35 culinary gems, uncovered from six major provinces of China. Authentic treasures from jiangsu, Beijing. Yunnan, Sichuan, Guangdong and Shanghai In a sumptuous buffet lunch Only at the Pine, Court Aihdt: $26+ Child below 10: $14+ kFrom April 1 30, noon to 2.30pm. Jgk |k )UOcMIaiSU(«MMU Td
      312 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      668 16 TELEVISION AND RADIO vw Tt A J t A A amsmm approaches, George and 11.20 Ibadat Haji. PHftßdFfeftftM Panifi \A/ f\ CI 1 r\r\nH"C th A O H"C r k««ass.gned to find a n.35 Formula One CP. WilOauppurLS me drlS: 7^J?lr^Ti v SSaSr d E ST£SLi- I ,SE?' h c,
      668 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon More personal, ever aloof
      720 17  -  Suzanne Vega's latest album is a study in contradictions, says Stephen Holden Stephen Holden NYT IN 50-50 Chance, the most compelling song on Suzanne Vega's third album. Days of Open Hand, the narrator pays a hospital visit to a woman who is near death. "I tell
      NYT  -  720 words
    • Article
      Lock icon The juicy facts about oranges
      339 17 NYT HAVE you ever wondered which is more nutritious, fresh or frozen orange juice? And do you know approximately how long it takes for orange juice to lose its vitamin C? The chances are very good that either fresh or frozen orange juice will meet
      NYT  -  339 words
    • Article
      Sinatra's painting sold for US$l7,000
      262 17 wmmmm A PAINTING by Frank Sinatra sold for US$l7,OOO at a celebrity art auction to benefit a treatment centre founded by the singer's wife for sexually abused children. The abstract floral painting was bought on Saturday by Bob Rossi, an executive with Toys R Us.
      262 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      201 17 AND ENTERTAIN Add A Little Spice To Your Secs Life. It's Secretaries' Week, April 23 to 28. So why not spice up your secretary's life with a visit to any one of our restaurants at Century Park Sheraton Singapore A© C entury Park Sheraton Singapore 16 NASSIM HILL, SINGAPORE 1025.
      201 words
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      Page 17 Advertisements Column 2
      92 17 >j> (Ttopo 1 Lobste^Saia^ g>«DO 2. Sharks Fin with Crab meat OH CO QO 3 Red-Fish with Soya Bean O uO.OU Crumbs (For 10 persons) Crispy Chicken K 5. Season Vegetable with cREE Ro3 s e Mushroom Q QucK 6 Maple Leaf Steamed Bean ,4..rk with Curd with Soya Sauce
      92 words
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      Page 17 Advertisements Column 3
      186 17 LUNCHING AT H HiE CARLTON BRASSERIE AMMS 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
      186 words
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      Page 17 Advertisements Column 4
      283 17 gj\SECRETARIES' WEEK I OR9 I Set Menu from $48 I I for 2 persons KIIW ■yyw m HVi/M Q| Jhi Traditional Refined Sushi AOYAMA O-ZUSHI Enjoy traditional refined Sushi in the cosy ambience of a wood-panelled Japanese Inn. Our chef s recommendations from the 5 day's selection should not be
      283 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Trading sluggish with focus on blue chips
      4551 18  -  By Lim Mui Khi TRADING INTEREST in the local markets remained sluggish yesterday. Prices closed down, while turnover, which improved slightly, was still small. Most investors were sidelined yesterday but some institutions were picking up selected stocks. "The institutions are cautiously accumulating shares
      4,551 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4165 19 Main Board Isetan 50* 945 +25 +2.7% SIA Foreign 1950 +20 +1.0% Spore Land 1490 20 +1.4% Tat Lee Finance 240 +20 +9.1% SIA 200 1390 +10 +0.7% DBS 1340 +10 +0.8% LAM 50* 259 +7 +2.8% LAM Wt 136 +6 +4.6% Shangn-La 995 +5
    4,165 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      93 20 Company Date Yoar Group Net Nat earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Pacific Chem Apr 4 Dec 89 MJ484 490(MJ740.636) (67 50(30TE) 0 Kramat Apr 5 Jan 90 M$7.533(M$4.001) 44(34) Inch Kenneth Apr 6 Dec 89 M$3.153($3,407) 76 4(82 6) 105(85) U01 Apr
      93 words
    • Article
      DIVIDENDS ANNOUNCED
      1297 20 Current Ex Books Data Total tor Total for payment data dosa payaMa tt»a yoar last yoar Amtefc Eng 6111(1) Apr 11 Apr 17 Apr 28 6*TI 6*TE A vino 15*1E Feb 28 Mar 12 May 15 251TE 25*1E MI 909*00 Apr 6 Apr 19 Ma, 3 1227V") 72*
      1,297 words
    • Article
      PRELIMINARY RESULTS
      255 20 Company Date Year Croup pro-tax Not earnings Gross ann to profit/loss (L) per share dividend COOO) (cents) H Mulpha Intl Apr 10 Dec 89 M$20.616t($3.165L) -<-) Tat Let Bank Apr 7 Dec 89 $22,579c($14.675c) 14 4(8 6a) 8(6 5a) kirong Eng Apr 6 Dec 89 J2.720L($5,049) —(15 1)
      255 words
    • Article
      INTERIM RESULTS
      55 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Ms.an Oxy Apr 12 Mar 90 M$19.612(MJ13.783) TV3 Apr 5 Feb 90 MJ16.467(MJ13.742) 8(8) Faber Merlin Mar 31 Dec 89 M$7.055L(J22.316L) YTlCorpn Mar 31 Dec 89 MJ8.581 ($5,247) Emtei Mar 30 Oec 89 M$41($523) Seal he
      55 words
    • Article
      CORPORATE DEVELOPMENTS
      264 20 Apr! 16 Horiguchi Enfineerinf Co Ltd is ottering 10 5 million shares to the public at an issue price of 60 cents per 25-cent share. Asian Investment Holdings (AIH) now holds 38 41% stake in Electro Magnetic (S) Ltd (EMS), making AJH the single largest shareholder April 12
      264 words
    • Article
      RESULTS DUE
      716 20 Singapore Stocks Last Full Year Conpany Period Oat* Ye* Net EPS Gross Net arranced endhg (cants) <h profit last rear (SDOO) BMT Interim tan 27 tun 90 1696 100 0 516 hetan Final Feb 28 Nov 89 391 100 11.728 Marcs Mo Fnal Mar 27 Dec 89 3.471L
      716 words
    • Article
      APPROVED ISSUES
      339 20 Company Rights Issue Upoio Ow tor one SI 85 per share Estate Apr 23 Books Close May 7 Acceptance Payment NYA AMif) One tor tour MJ? 40 per share E« date Mar 8 Books close Mar 22 Acceptance t Payment May 10 Lien Hoe Capital Restructuring Scheme (CRS)
      339 words
    • Article
      PROPOSED ISSUES
      395 20 Company Rights Issue Causeway Inv Capital reduction scheme to reduce par value of shares from $100 to $0 60: ftghts >s&ue of 3 2 fe SO 60 per stare FAC8 One tor one MJ0 50 per share Fiber Mertn Onetorone fe MS0 25 per share. tallowed by a
      395 words
    • Article
      BONDS, LOANS & WARRANTS
      651 20 BONDS, LOANS WARRANTS Ciwmt Cwvenlwi pwied Cwivmiwi terw fw-ww wtfuor skare Cauwway lo» Cauwway W 2/10/89 to 20/10/94 I warrant plus $1 cash or 1 warrant plus II nominal amount of loan stock daw ft* IMn Ctaw *9 m March 87 to 31/12/91 1.55 —lants plw $1.55 cwk. 0w» m*
      651 words
    • Article
      RECORD HIGHS AND LOWS
      165 20 BT Composite Index ST Industrials Index 1990 h*t 1402 22 (6/2/90) 1990 tyt: 1607.12 (27/3/90) 1990 low: 1290 94 (9/4/90) 1990 low: *****3 (26/1/90) 19*9 Nfh: *****0 28/12/89) 19S9 high: 1487 76 (26/12/89) 1989 low: ***** (4/1/89) 1989 tow: 1030.69 (4/1/89) 1988 Nfh 1043.86 (8/8/88) 1988
      165 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      201 20 Banking, Finance Insurance Supplement 1990 Banking, Finance and Insurance Supplement, Business Times's biggest and most established annual supplement, is here again. The theme of this year's bumper issue, scheduled to be published on May 24, 1990, is Financial Sector Leading Singapore into the 90s. The financial services industry was Singapore's
      201 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market fails to sustain initial gains
      3803 21 Reuter Bernama STOCK PRICES in Kuala Lumpur yesterday fell after initial gains to close mixed on lack of follow-through support and profit-taking, reflecting a similar trend in Tokyo, brokers said. The Kuala Lumpur Stock Exchange Composite Index ended 0.08 higher at 553.26 after having
      Reuter; Bernama  -  3,803 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      202 21 Banking, Finance 8c Insurance Supplement 1990 Banking, Finance and Insurance Supplement, Business Times's biggest and most established annual supplement, is here again. The theme of this year's bumper issue, scheduled to be published on May 24, 1990, is Financial Sector Leading Singapore into the 90s. The financial services industry was
      202 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Currency worries erase early gains in Tokyo
      2253 22 Reuter TOKYO shares closed mixed yesterday after index-linked and general selling amid mounting currency concerns forced share prices off their earlier highs at the close. The Easter holiday overseas and the ailing yen kept trade thin and thus added to volatility, brokers said.
      Reuter  -  2,253 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hongkong shares at post-Tiananmen high
      2524 22 Reuter HONGKONG stocks ended higher yesterday as relief over an absence of political unrest in China and the colony during the long holiday weekend boosted the market's blue-chip stocks gauge, setting a new post-June 4 high. The Hang Seng index ended 24.75 points higher at
      Reuter  -  2,524 words
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  • REGIONAL STOCK MARKETS
    • Waking up to an Easter hangover
      • Article
        Untitled
        362 23 In local currency In S$ In US$ day year S day year S day year Apr 12 Index change change change change change change World 411.7 *04 -11.5 +0.2 -15.2 +0.2 -14.2 ♦£AFF 572 2 ♦■0.1 -16.0 +0.2 -20.6 0.2 -19.6 ;tATt 436 4 f 0.4 -3.2 0 5 -2.3
        362 words
      • Article
        Untitled
        96 23 Close Hwioih 47Apr 17 SYDNEY All Ordinaries Index 1500.0 149X 4 H 6 All Industrials Index 2324.0 2315.7 8.3 All Resources Index 869.9 872.8 -2.9 Turnover (million) 55 90 85.24 -29.34 BANGKOK SET Index 843.97 843 79 +0.18 Turnover (nearest '(XX)) 13,671 20.993 -7,322 JAKARTA Composite Index 641.87 643.72 1.85
        96 words
      • Article
        SYDNEY
        1138 23 AUSTRALIA'S sharcmarket closed virtually unchanged in extremely thin trade yesterday following the Easter holiday break, brokers said. The all ordinaries index finished 0.8 point up at 1499.2 after trading within a three-point range throughout the day. "The bank holiday in Melbourne affected volumes and Tokyo's almost neutral finish did
        1,138 words
      • Article
        SEOUL
        771 23 SEOUL stocks surged in late afternoon trading yesterday on rumours the government would step in to bail out the market, brokers said. The composite index closcd at 796.56, up 19.56 points from Monday's close. Turnover was 256.3 billion won compared with 172.5 billion in the previous session. After closing
        771 words
      • Article
        TAIPEI
        379 23 TAIWANESE stocks got off to a strong start yesterday but soon fell back as investor pessimism reasserted itself and the heavily weighted financial sector went into decline, dealers said. The weighted index fell 127.71 points to close at 9,291.61 against Monday's 9,419.32 finish. Turnover was again low at NTSBI.S
        379 words
      • Article
        BOMBAY
        142 23 BOMBAY share prices shrugged off lethargy to recover broadly when trading resumed after a long weekend, brokers said yesterday. They said heavy buying by state investment institutions helped sentiment. The Bombay Stock Exchange Index rose 6.79 points to 755.58 and the National Index 1.23 to 407.31. "Fears of war
        142 words
      • Article
        BANGKOK
        600 23 THAI stocks moved within a narrow range in dull trade dominated by speculation on real estate and finance counters. brokers said yesterday. The official SET Index gained 0.18 point to close at 843.97. Declines led advances 82 to 47. Most active were Star Block, New Imperial Hotel and First
        600 words
      • Article
        MANILA
        429 23 SHARE prices closed mixed to lower in Manila yesterday on thin volume. The Manila composite index was a slight 0.75 points higher to close at 1,096.77. The combined volume at the two bourses rose to 540.07 million shares from the previous 432.53 million, but value slipped to 73.05 million
        429 words
      • Article
        JAKARTA
        396 23 THE Jakarta stock exchange index edged up 1.85 points up to 641.87 in slow trade yesterday as turnover fell to 2.29 million shares from Monday's 6.39 million. Brokers said interest returned to the cement sector. Semen Cibinong and Indoccment were most active with turnover of 487,550 and 583,000 shares
        396 words
      • Article
        Untitled
        237 23 Wellington NZ Cents VoKW) Air NZ 177 unch 84 ANZ Banking 660 -12 31 Anzon 8 8 726 Bank Of NZ 92 -I 186 Baycorp Hold 10 unch 2704 Bricrl} Inv 160 I 4391 Capital Mkts 110 -4 144 Carter Holt 269 -I 3125 Carter Opts 49 2 84 Cavalier
        237 words
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  • WORLD STOCK MARKETS
    • Wall Street stocks close off their highs
      • Article, Illustration
        NEW YORK
        1044 24 FUTIJRES-relatcd selling, profit-taking and a steady erosion in bond prices on Monday dampened a US stock market rally inspired by International Business Machines Corp's surprisingly strong first quarter profits. The Dow, which soared 31 points earlier, succumbed to selling pressure during the last hour of trading, closing up
        1,044 words
      • Article, Illustration
        LONDON
        891 24 LONDON SHARES were narrowly mixed at midscssion yesterday after spending the entire morning within a seven point trading band, as the market continued to lack direction. "There's nothing going on. Institutions have plenty of cash, so they have little reason to sell stock. But the corporate profit picture is
        891 words
      • Article
        Untitled
        88 24 Apr 16 Oo* PrrvkMH NEW YORK Dow Jones 2,763.06 2,751 80 4-11.26 NYSE Financial 141.54 141.50 0 04 SAP 500 344 74 344.34 +0.40 Turnover (million) 144.0 142.0 2.0 TORONTO Toronto Composite 3,549.29 3,561.12 -11.83 LONDON Apr12 Financial Times 30 1,741.0 1733.3 +7.7 FTSE 100 2,222.1 2209 9 +6.6 Turnover
        88 words
      • Article
        FRANKFURT
        398 24 WEST GERMAN SHARES closed mixed in a cautious, reticent market yesterday. Trade was still uncertain, with no news forthcoming on concrete plans for German monetary union, and many investors were absent from the market immediately after the Easter break. "There's a lot of talking (about monetary union), but nothing
        398 words
      • Article
        ZURICH
        277 24 SWISS SHARES closed quietly lower after prices edged back from a firmer opening due to a lack of buying interest yesterday, dealers said. Overall volume was low. "Investors' interest in shares is very low right now," one trader said. The all-share SPI index closed 1.9 points easier at 1,074.7
        277 words
      • Article
        MILAN
        177 24 A BUYING WAVE centred on blue chips helped Italian shares maintain opening gains at the close in an active trading session yesterday, dealers said. The MIB index surged 15 point points, or 1.46 per cewnt, to close at 1,040. All sectors showed price rises, with insurers and banks performing
        177 words
      • Article
        AMSTERDAM
        258 24 DUTCH share prices were up in thin early afternoon trade on the back of Wall Street's higher Monday close, dealers said. The Dutch bourse's slightly higher-than-expected gains were due to demand from both Dutch and foreign investors, they added. At 1210 GMT, the CBS all-share index was up 1.1
        258 words
      • Article
        PARIS
        254 24 FRENCH share prices were just under their highs at midday after rising all morning yesterday, and dealers saw nothing to prevent the CAC-40 index from setting another record at the close. The CAC-40 index was 17.92 points or 0.85 per cent above Thursday's close at 2,134.68 at 1034 GMT.
        254 words
      • Article
        JOHANNESBURG
        336 24 THE JOHANNESBURG stock market closcd easier in dull and directionless trading yesterday after the long Easter weekend, dealers said. A lack of any fresh incentives and the continued political uncertainties in South Africa contributed to the listless conditions, they said, as did investor caution ahead of a policy speech
        336 words
      • Article
        Untitled
        207 24 Brussels Apr 12 Francs FORWARD MARKET Accc 4810 40 Arbcd 5360 70 Astur 1 1520 40 Brascan 726 +2 Canpac 698 -18 Cock... 206 -I Dc Beers 756 +24 F.bes 4300 25 Gb-Inno-Bm 1332 unch Gcvacrt 8410 +10 Gr Bru Lamb 4000 10 Hobok Pctro 114(H) +175 Ryl Dutch 2585
        207 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback rises but fails to penetrate 160-yen level
      1031 25 FOREX MARKET REPORTS Reuter THE US DOLLAR continued its surge towards the 160-yen level on Asian foreign exchanges yesterday, but failed to cross this barrier. In Tokyo yesterday, the greenback was firmer from the start after gaining from fresh buying orders. Dealers
      Reuter  -  1,031 words
    • Article
      Lock icon Hongkongers banking on Canadian dollar
      250 25 Reuter THE Canadian dollar, soaring since early April on firm interest rates in Canada, is set to strengthen further despite the political overhang of separatism in Quebec, dealers said in Hongkong. Asked why the Canadian dollar was rising. HongkongBank senior treasury manager David Wong said:
      Reuter  -  250 words
    • Article
      Lock icon Taiwan banks cut short-term rates
      133 25 Reuter FOUR Taiwan banks have cut their interest rates on short-term deposits in response to the Central Bank's recent moves to ease credit, bank officials said. The state-run Bank of Taiwan Ltd, the Land Bank of Taiwan Ltd and the Taiwan Cooperative Bank Ltd yesterday
      Reuter  -  133 words
    • Article
      Untitled
      1412 25 SIMEX EUROOOLLAR Open High Low Sett Est Vol Op/lnt Vol Jun 90 91.51 91.51 91.50 91.51 2460 ***** 4318 Sep 90 91 44 91.46 91.44 91.46 2023 5571 1342 Dcc 90 91.24 91.26 91.24 91.26 397 2582 432 Mar 91 91.09 91 09 91 08 91 09 107 484 5
      1,412 words
    • Article
      Lock icon Tokyo opts for heavier gold coins
      139 25 Reuter JAPAN'S Finance Ministry plans that coins minted to mark the enthronement of Emperor Akihito later this year will be thicker and contain more gold than originally planned to discourage counterfeiting, a ministry official said. Each will contain 30 grams of gold instead of
      Reuter  -  139 words
    • Article
      INTERBANK FOREX RATES
      404 25 Cross rates P <n ISS ss MS Dill Yen i Sir AS N/S USS 1.8765 2.7355 ***** 1 0.6137 1.4915 1 3046 1.7271 SS 0.5329 ***** 0 8956 0.8508 0.3270 0 7948 0.6952 0.9204 MS ***** 6860 ***** 0 5836 0.2243 0 5452 0 4769 0.6)14 Dm
      404 words
    • Article
      MONEY MARKET
      582 25 Interbank rates S$ Bid Offer Overnight 5 3/4 5 7/8 1-month 6 3/8 6 1/2 2-month 6 7/16 6 9/16 3-month 6 1/2 6 5/8 Overnight mode: 5-15/16 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 5/16 8 7/16 2 months 8 5/16 8
      582 words
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  • COMMODITIES
    • Article
      Lock icon Gulf states starting to feel the pinch
      268 26 Reuter A SLUMP in world oil prices will threaten Gulf governments' spending plans if it is allowed to continue too long, regional economists say. Oil ministers from Saudi Arabia, Kuwait, and the United Arab Emirates were due to meet in Jeddah yesterday to
      Reuter  -  268 words
    • Article
      Lock icon New Japanese commodity law likely by year-end
      180 26 Reuter A NEW Japanese commodity law is likely to take effect in October this year at the earliest, Ministry of International Trade and Industry (MITI) and Ministry of Agriculture officials said. The ministries formally submitted their draft of a new commodity law to
      Reuter  -  180 words
    • Article
      Lock icon Palm oil stocks fall by 9.5pc
      108 26 AFP MALAYSIA'S total palm oil stocks fell by 9.5 per ccnt to 931,170 tonnes at the end of March from 1.03 million tonnes at the end of February, the Palm Oil Registration and Licensing Authority (Porla) said on Monday. Porla said that crude palm
      AFP  -  108 words
    • Article
      Lock icon South Korean firm clinches processing deal with Taiwan
      196 26 Reuter YUKONG LTD of South Korea has won a contract from state-owned Chinese Petroleum Corp (CPC) of Taiwan to process a cargo of 500,000 barrels of crude from Oman, a senior CPC official said. Yukong was the fourth foreign oil company to
      Reuter  -  196 words
    • Article
      Renewed buying pushes tin prices up to M$17.25
      914 26 REPORTS THE price of tin on the Kuala Lumpur Tin Market (KLTM) closed four sen higher at M$ 17.25 per kg yesterday on renewed buying interest and short-covering activity. Turnover, however, dropped to 59 tonnes from 72 tonnes on Monday with interest
      914 words
    • Article
      PRICES
      1198 26 Rubber Apr 17 MS (fcfch Sccn»/kt Noon Close Int I KSS Prompt 154 50/155 SON 154 00/155 00 Int I RSS Ma> 40 157.50/***** *****/157.50 Inl 1 KSS June 159 50/160.00 159 00/159 50 Int 2 RSS OP 152.75/154.75N 152.25/154 25N Int 3 RSS OP 147.25/149 25N 146 75/148
      1,198 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      638 26 NOTICES In the Matter of The Companies Act. Cap 50 and In the Matter of RAINBOW HOLDINGS (PTE) LTD (In Members Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court #04-15, Singapore 0617 on Tuesday, the 17th day of Apnl.
      638 words
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      Page 26 Advertisements Column 2
      407 26 IN THE MATTER OF THE COMPANIES ACT, CAP 50, AND IN THE MATTER OF LEE DATA FAR EAST PTE LTD (In Mtmb«r»' Voluntary Liquidation) The following special and ordinary resolutions were deemed to have been duly passed at an Extraordinary General Meeting of the members of Lee Data Far East
      407 words
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      Page 26 Advertisements Column 3
      16 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times. —J
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      Page 26 Advertisements Column 4
      11 26 Catch up on the latest in technology in BT every Tuesday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1007 27 City Flight ETA Flight ETD City Flight ETA Nigm tio Abu Dhabi GA895 1235 GA886 OOIO SQ107 1305 SQ110 1445 cnoo? SQ109 1405 MH631 1610 Mririfr QF7 2025 SQ227 2250 MH642 1500 SQ112 1630 Amsterdam GA895 1235 KL814 1720 SQ111 1705 MH610 1645 KL813 1455 QF15
    1,007 words
  • THE TRAVEL PAGE
    • Article, Illustration
      'Aid the disabled' rules upset US airlines
      650 27  -  REPORT ON AIR TRAVEL By Amy Weber American airlines have been given more time to comply with new rules to aid the disabled. The major airlines had threatened a lawsuit over the Department of Transportation (DOT) rules, which were to take effect on
      650 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3pm yesterday: [>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4280 1 4480 Canadian dollar 1.5910 1.6110 NZ dollar 1.0750 1.1150 Sterling pound 3.0400 3.0700 US dollar 1.8760 ***** I>ocal dollars to 100 units of foreign currency Austrian schilling 15.60
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      109 27 Duration Title Venue Organiser Tel Apr 5-23 International Buenos Fundacion (54)1/*****65 Buenos Aires Aires El Libro Exhibition Apr 7-12 International Brno. Foires Et (42)5/*****11 Consumer (roods CzechosloExpositions De Fair vakia Brno Apr 17-22 International Zagreb. Zagrebacki (38)41/*****6 Days of Tourism Yugoslavia Velesajam Apr 18-21 Home and Vienna
      109 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      54 27 jk The business person's choice every Tuesday, f\ Thursday, Saturday and Sunday. Leas ing Changi L\ Airport at 21:55* hours and arriving at 18 different cities in the USA the following day. Call your travel asent or Air Canada at 7J2 8555. f A Breath Of Fresh Air moru mm
      54 words
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      Page 27 Advertisements Column 2
      16 27 =|i J.~S 1 N £3 MMm h X)sal-IVIiIkBTS> J m 1&. g£i JL ISP Hotel Properties
      16 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      274 27 Where graphic forecasts are for the _JH 10 Saw the point of telling a 1 bird to vamoose (3,2) ~~■H ~BHi Fruit drink for the gods in the East (9) 12 Law-school custodian is a I I I I I I I ~~(Hf 13 up a 14 Like to absorb
      274 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      226 27 Singapore OUTLOOK: Showers o»er a few areas in the afternoon Report for 24 hours prior to 7 30pm on Apr 17 at the airport: Max temp....... 34J Assoc humidity SI Nlin temp 25J Assoc humidity I Irs of sunshine 9.80 Rainfall in mm nil Rainfall this mth 42.2 Rain> da>s
      226 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      35 27 (ftcme £l£cxpqkics j /po Nou have bug suitable vjJhrtt'SGO!NG^>J 7 "A f~ \Jc>& A P &UHS»NG'S &UZ-XING J \v 6^ N ''>4k (tie. PMD "tW€.DIRecToRS P«£. J I I—i EVENING STANDARD CO. LTD.. 1962-1990 8152
      35 words
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  • Article, Illustration
    Goh gets Bush assurance on US presence in Asia-Pacific
    570 28  -  First Deputy Prime Minister's visit to the US From Anna Teo in WASHINGTON FIRST DEPUTY Prime Minister Goh Chok Tong has been assured by American President George Bush that the US will maintain its present strength in the AsiaPacific region. During
    570 words
  • Article
    Expatriate Singaporeans urged to exploit links
    509 28 SINGAPOREANS overseas have a major role to play in helping the Republic make the quantum leap from Singapore Incorporated to Singapore International, said Mr Goh Chok Tong on Monday. In a candid, off-the-cuff, pre-dinner speech to the Singapore Club of Washington, the First Deputy
    509 words
  • Article
    Lock icon Taipei jittery over reports of possible US trade retaliation
    310 28 Reutcr TAIWANESE trade officials reacted nervously yesterday as local newspapers reported the island had earned a spot on Washington's 301 trade blacklist a possible prelude to US trade retaliation. The unconfirmed reports were a sign Taipei's relationship with its biggest trading
    Reutcr  -  310 words
  • Article
    Lock icon Pilots of two Japanese airlines strike
    154 28 AP PILOTS of two major Japanese airlines went on strike for the first time in two years yesterday, demanding higher wages and better working conditions, but all international flights continued as scheduled, officials said. Officials of All Nippon Airways said in Tokyo that the
    AP  -  154 words
  • Article
    Timely briefing for BG Lee on Osaka plan
    501 28  -  From Loh Hui Yin in TOKYO A REVITALISED Osaka, where the environment is conducive to both work and play. That's the vision the Japanese authorities have for Osaka and the surrounding Kansai region in the 21st century. Their vision and how they
    501 words
  • Article
    Lock icon Japanese advice for M'sia
    127 28 Bernama MALAYSIA needs to implement new physical infrastructure projects a key incentive for attracting investors as the present facilities arc rapidly reaching saturation point, Japan's Overseas Economic Cooperation Fund (OECF) has cautioned. If no new projects were implemented, Malaysia's roads, water and electricity supply and telecommunication
    Bernama  -  127 words
  • Article
    Lock icon Petronas enters oil exploration joint venture in Burma
    270 28 Reuter MALAYSIA, a major nonOpcc oil producer, is to start oil exploration in Burma, its first such venture overseas, state oil company Petronas said yesterday. The company had agreed to take up a stake in a contract area in Burma awarded to
    Reuter  -  270 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      50 28 EYE M 2 WOODS J Larger sweet spot Faster head speed^^V •For tho»« wtio wont to play their Vietnamese Cuisine ENJOY A VARIETY OF 40 DIFFERENT DISHES AT $4 each JIL iAJ y TROriCALINN SEAFOOD InEftTAu*A MTly 82-0 I Basement, Tanglin Shopping Centre. Tannin Rd S'po»e 1024. ■2 *****20 <,
      50 words
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      Page 28 Advertisements Column 2
      257 28 EYE 2 and lifting aim. Color-Coded m, 5 'tjjji/li*/' ball contact. New clubhead nOnS weighting Wl .H.IJI*" PJB rmm A good night's sleep recommended for is the start to a good I Mti > 111 11 ti those suffering bad Even as far back backs a host as years other
      257 words
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  • SHIPPING TIMES
    • Article, Illustration
      Borneo Shipping set to make waves
      356 29  -  By Dexter Lee BORNEO SHIPPING is gearing up to make waves in the shipping industry despite losing the agency for Japanese shipping giant Nippon Yusen Kaisha (NYK) Line. The more than 50-year-old tie-up between Borneo Shipping, a member of Inchcape Shipping Services, and NYK
      356 words
    • Article, Illustration
      SIA Cargo maps out ambitious strategy for the 1990s
      458 29  -  By John Tan A FREIGHTER every two years. That's part of the ambitious plans SIA Cargo has mapped out for the 1990s to propel itself further into the big league. By the end of this decade, it expects to have up
      458 words
    • Article
      Aiming for high growth
      112 29 WHILE the air cargo business in Singapore is expected to grow between 7 to 8 per cent a year in the long term, "SIA Cargo hopes to grow at a rate much more than that as our capacity increases," said Mr Huang Cheng Eng, SIA Cargo
      112 words
    • Article
      A P Moller Singapore beefs up operations here
      528 29  -  By Linda Chee THE SINGAPORE shipowning arm of Danish transport giant A P Moller, which owns Maersk Line, is beefing up its operations in the Republic. This year another eight new vessels four Panamax bulk carriers totalling 280,000 tons and four container
      528 words
    • Article
      Asmi organising several overseas trips
      147 29 THE ASSOCIATION of Singapore Marine Industries (Asmi) is organising a field trip to Batam, the first of several overseas stints it will arrange this year. Other destinations mentioned include Japan. These visits are part of the association's efforts to explore the potential for expansion overseas.
      147 words
    • Article
      Malaysia Airlines plans warehouses in three airports
      294 29  -  By Othman Abu Bakar MALAYSIA Airlines is looking at operating its own warehouses in Los Angeles, London and Frankfurt in the near future. An airline official said the national carrier was conducting a study on the viability of operating bonded warehouses at airports
      294 words
    • NEWS SUMMARY
      • Article
        China signs pact with Geabulk
        69 29 NORTH CHINA'S Tianjin port and Norway's Geabulk Terminal Ltd have set up a joint venture to build a dock facility capable of handling 1.2 million tonnes of freight per year, the official New China News Agency said. The two sides will invest just under US$lO
        69 words
      • Article
        Smooth sailing for AP Moller
        31 29 FEW COMPANIES can rival the amazing success of AP Moller, Denmark's largest business conglomerate and one of the most respected names in international shipping. Page 2
        31 words
      • Article
        Lisnave stages comeback
        41 29 THE Iran-Iraq war, the Exxon Vcddez oil spill disaster and an international credit squeeze might seem unlikely ingredients for a successful business recipe, but they have helped transform once-ailing Lisnave into the world's busiest shiprepair yard Page 2
        41 words
      • Article
        Big growth in air freighters
        30 29 THE WORLD'S fleet of large air freighters is likely to grow to almost five times its current size over the next 15 years Back Page
        30 words
      • Article
        Manila project to proceed
        25 29 THE AQUINO government is pushing through the Japanese funded Maritime Communications Project despite strong objections from the shipping community Back Page
        25 words
    • LOG BOOK
      • Article
        NKK wins tanker order from Norway
        64 30 NKK CORP HAS WON a US$2OO million order to build two 280,000-dwt very large crude carriers from Bergesen DY A/S, a Norwegian shipping firm, a NKK spokesman said. The tankers are scheduled to be delivered in 1993, he said. The signing of the contract
        64 words
      • Article
        States West ends Thai talks
        91 30 STATESWEST AIRLINES INC has ended negotiations to form a new joint-venture airline in Thailand. "Due to the major commitment we have made to the USAir project... we are unable to commit the management time and logistics required to continue forward on this potential start-up airline,"
        91 words
      • Article
        Box vessels for Bangladesh
        78 30 PAKISTAN IS TO MAKE two container vessels for Bangladesh under a U5544.5 million credit agreement initialled in Dhaka on Monday, BSS news agency reported. The agency said that under the agreement between staterun Bangladesh Shipping Corp (BSC) and Karachi Shipyard and Engineering Works, the first vessel
        78 words
      • Article
        MTU seeks Mitsubishi's help
        90 30 MOTOREN-UND TURBINEN UNION (MTU), a unit of Daimler-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
        90 words
      • Article
        Indonesian ship runs aground
        88 30 AN INDONESIAN CARGO SHIP ran aground on the Great Barrier Reef just off the north Queensland coast on Monday, a Canberra Sea Safety spokesman said. The Carakajayaniaga was on its first trip to Cairns, in northern Queensland, when it struck the reef off Cape Melville. The
        88 words
      • Article
        Swissair to cut costs
        87 30 SWISSAIR-SCHWEIZERISCHE Luftverkehr AG said it had tightened its hiring practices to help cut soaring costs, but jobs would be eliminated through normal attrition rather than layoffs. Costs before appreciation rose 15 per cent in February from a year earlier, while revenue rose by only 4 per
        87 words
    • Article, Illustration
      Smooth sailing for AP Moller
      832 30  -  Built up in only two generations of the Moller family, the Maersk group boasts a fleet of around 160 vessels and z5,000 employees worldwide. But the group has also carved out a niche in aviation. Xueling Lin, reporting from Copenhagen, looks at the developments. Xueling
      832 words
    • Article
      Lock icon Lisnave stages comeback on international shipping scene
      797 30  -  Tony Smith reports on how once-ailing Lisnave has been transformed into the world's busiest shiprepair yard Tony Smith AP THE Iran-Iraq war, the Exxon Valdez oil spill disaster and an international credit squeeze might seem unlikely ingredients for a successful business recipe, but
      AP  -  797 words
    • Article
      THE SHIPPING GUIDE
      12152 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,152 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        716 45 Vmai \toy H» Berth Wwl Departut Ktppd Whanrts Met Rw 009 K35 alongside 17.04/ 2300 Andaman Pees 12/90 (P) K36 atongs.de 17.04/ 1900 Astro Gold 4 K34 alongside 21.04/ 0700 Biskra 190 K17 alongside 19.04/ 1500 Huanghuaquan 2 K31 alongside 20.04/ 1500 I YermosNun 05/90W K15 alongside
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        CONTAINER SCHEDULE
        1717 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO T ranstarer Schediies Sfr> Voy No Arr Date Tine From To Bootoj Sate Bfc Op Gdi Ma Bhum 16S 20 04 90 1500 18/2115 18/2214 Portnet 2 A2 19/0500 19/0529 NA 2 An Adelarie ***** *****0 1700 18/0700 18/0759 Tlx/Fax
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        IN MALAYSIAN PORTS
        271 45 Port Khun South Port; Global Jupiter berth 2; Hong Soon berth 4; Swee Ann Satu berth 4; Thai Yang berth 7A KCT: Bung a Dahlia berth 8; Nordsund berth 10 North Port: Flying Eagle berth 11; Mulpha Taiping berth 12; Seng Soon Chew berth 13; Atlas berth
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      AIR FREIGHT SCHEDULE
      497 45 ARRIVALS Operator Flight Type ETA From TODAY AZA AZ995 B70F 0235 SYD CAL CI333 B747F 03 IS TPE SI A SQ80I B747F 0410 AKL TOMORROW KAL K.E697 B747F 0155 SEL DLH LH/SQ4502 DCIOF 1825 FRA/DXB NCA KZ203 B747F 1935 NRT KAL KE68S A30F 2340 SEL/MNL FDX FM75
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      Lock icon Big growth seen for air freighters
      520 46 Journal of Commerce THE WORLD'S fleet of large air freighters will grow to almost five times its current size over the next 15 years, forecasters at Boeing Commercial Airplanes predict. The number of jumbo freighters will expand from about 130 today to an estimated
      Journal of Commerce  -  520 words
    • Article, Illustration
      Lock icon Resistance to hi-tech bomb detectors
      411 46 AP RESISTANCE from airlines, airports and foreign governments is hindering US federal efforts to install sophisticated bomb detectors at high-risk airports. Critics say the machines, which scan luggage with neutrons, are expensive, bulky and not foolproof. They cannot be used on passengers, and in the
      AP  -  411 words
    • Article
      Lock icon Suharto calls for new communications satellite
      269 46 AP INDONESIA'S President Suharto on Monday ordered officials to begin plans for launching a new communications satellite, a senior official said. Minister of Tourism, Post and Telecommunications Soesilo Soedarman said after meeting Suharto that the new satellite is needed to meet both domestic needs
      AP  -  269 words
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      Philippines to push ahead with project despite objections
      225 46  -  From Al O Labita IN MANILA THE AQUINO government is pushing through the Japanese funded Maritime Communications Project (MCP) despite strong objections from the shipping community. At least four out of 10 prospective bidders have already been prequalified by the transportation and
      225 words
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      164 30 SINGAPORE BUSINESS/SAMSONITE SUBSCRIPTION PROMOTION THIS MONTH'S LUCKY DRAW PRIZE Subscription rates: Ni^H^ I 12 issues of Singapore Business 5548.00 E2^KE|BJHH^^N|^HEray 12 issues of Singapore Business EDRR and a copy of the Yearbook '90 5554.00 38/J|f *East Malaysia S$ 102.00 (Registered second NfijH VJV I "Overseas -5594.00 ■HH ll I 'NOTE:
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      Page 31 Advertisements Column 1
      2247 31 wipwns agencies %111 f A 200 Cantonment Road #12-05 Southpo.nl. Singapore 0208 Miff/ T«i *****11 TELEX NO RS IVfimil terminaucfs t«i *****18 220 r BOOKINGS T1 *****34 235 A pesaka jaroine snipping agencies son bho PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** 1.7 SKS PENAN6 TEL *****4 TELEX NO MA*****
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      Page 31 Advertisements Column 2
      1268 31 INDEX TO ADVERTISERS Page Col Pa*e Col A LIMVSI. Agcncics 15 3 Lucky Seaway 15 3 ARC Containcrlinc 13 5 Lykcs Lines 5 3 Accord Shpg 8 3-5 Albatros Sea-Air 14 5 M Alfred roepfer 15 5 Mac-Ncls Agcncies 14 1/2 n k C,L nCr I Macolinc 14 1/2 Am
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      Page 31 Advertisements Column 3
      2315 31 Vmhl Voy ETA ETD "Port 'Panang J' S, nW c. K «lang DESTINATIONS Ttu* MarOT M Ctoautg Tuna FaaOar fey CV 2*l* 0400 MRS M Farco I PHHIPH CFS 2V* i«00 M«S M Tauro OAK LGB MOU MEM ATL MIA CMS BAL PML NYC MOW TO« MAREN M 9004 241*
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      1216 32 II ROTTERDAM/ VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE 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 22/5 MONTE ROSA 07/548 26/4 21/5 15/5 17/5 14/5 20/5 LONDON EXPRESS 11/552 2/5 4/5 22/5 24/5 28/5
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      Page 32 Advertisements Column 2
      602 32 SOUTH PACIFIC SERVICE SIN POM LAE SUV PPT IRINI 25/4 US t/5 IVS 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO IRINI 25/4 29/5 1/6 4/6 6/6 Ao«nta: SINGAPORE: *****00 c BOOKINGS: *****08 JOHORE: 07 *****2 7 NORTHBOUNO TO UKC I SPORE I RDM/A DAM HBG HULL(U.K) TAUSALA SAMOA
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      Page 32 Advertisements Column 3
      1423 32 BWftglfl &XHK; REGULAR INOEPENOENT FULL COMTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM VLT PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA VLT) HAM) ROT) ARABIAN SEA 007W 20/04 24/04 07/05 11 06 12/06 14 05 16/05 18/05 19/05 20/05 2105 22/06 NORASIA SHARJAH 9001-3 21/04
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      Page 33 Advertisements Column 1
      1622 33 SjjSteamers Maritime Holdings Ltd pjm M M STRAITS SHIPPING R. ÜbV WW I Stopper* to Brasii, East Malaysia, Containers mm h-****™-S port P-Klanf S ton H'buri I'havon R dam Lot) »rrtßT« rwic HtIKLKRG EXPRESS lIW HW O&DS QM» !0«5 11,05 13/05 ACCtPIS DUE SAILS OSAKA BAY IMM 1M» 01/05 1005
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      Page 33 Advertisements Column 2
      1820 33 TO: EUROPE TO: FAR EAST SP LH ROM HAM B'NVN FIX SPORE HK KAO BU HANJIN TONCHAE 073* 21/4 S/5 10/5 11/5 13/5 14/5 HANJIN LEMAVRE 00« 23/4 26/4 27/4 3/S HANJIN ROTTERDAM OOMI 21/4 lt/5 17/5 11/5 20/5 21/5 HANJIN FELIXSTOWE 001E 30/4 3/5 4/5 10/5 CHOYANG CHANCE 047W
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      26 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 30/4 KARACHI tmmm. SHMUSAWA MEISMN H.T.T. TMMPOftTATION CO. (PTE) LTD. Tat 223X22 Tte A3 21*11 Ptt 22MSM
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      337 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN ASIAN COSMIC TRADER STAR PIONEER VOY. NO 1 112 5 S'pore 26/4 3/5 4/5 P. Kelang 29/4 30/4 6/5 Penang Hong Kong Yokohama 19/5 20/5 Nagoya 17/5 Osaka 15/5 Senboku Kashima Funabashi 'For Discharging Only NOTE: ALSO CALLING OTHER
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      586 34 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSI/VOT SPORE R OAM/ H'BURG BREMEN ANTWERP AOAM S.PANJANG/2SWS 14/5 11/5 22/5 25/5 MATARAM/9WB 30/4- 2/5 5/1 I(VC 2/C 15* BAAS ULLAH/22W8 2S-21/5 25/S 1/7 4/7 7/7 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO SubjKt to MunmM Aln accaptfng cargo to CMlilm, Port Bald,
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      Page 34 Advertisements Column 2
      751 34 Cb HANJIN SHIPPING Yy FULL CONTAINER SERVICE 1 Sport I LeHavre R dam H'burg B haven Fttowe FEEDER VSL SIN LINE HAUL LAX OAK 21/4 9/5 10/5 U/S 13/5 14/5 HANJIN LE HARVE OOtE 23/4 H. CHEJU 000E 11/5 20/5 21/4 16/5 17/5 11/5 20/5 21/5 HANJIN FELIXSTOWE 001E )0/4
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      Page 34 Advertisements Column 3
      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 1. SHAN W Lagos, Matadi MELITA/9008W 25/4 Madras EXPRESS CONVENTIONAL SERVICE Vessel
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      Page 34 Advertisements Column 4
      1398 34 i d "Trl" 1 I cut. "J? S? "if 15 •"*OS* TYOML LHV ANWROM TLX HBCMP I EVER GROWTH 21/4 2V4 1/5 9f4 iff JM 1/5 110 L* 100 2M a* 22/1 240 17/7 I EVERCOINC (|S EVER GIFTED 10 »/5 11/5 14/5 11/5 210 230 250 110 »0 30
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      1556 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings: UK/EUROPE *****19, AUST/INDIA/PAK *****18 USA *****16, FAR EAST *****48 Documentation: *****44/*****14 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 Q 11/04 20/04 21/04 WO6 (W U)/06 H/OB Huby9K Wm 27/03
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      Page 35 Advertisements Column 2
      1157 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office. *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** MESSRS MAI THOMC SMIPWNC 12/ l>inweStr*<, Pnw( Matey** MjTS ssr. '££L 7rsiyß3h^&UßtfaS»£Bfißia &t£mSSm »ftf«S TSRT a* Man
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      1048 36 JSZZ3 VOY *INOO •PKiPNG fsCP LB CHLS NFK NYC HFX OOCL FAITH 19 22/4 21/4 19/4 12/S 22/5 24/5 26/5 30/5 OOCL FRIENDSHIP 19 23/4 24/4 2S/4 19/5 29/5 31/5 2/6 6/6 NEPTUNE JADE 24 30/4 1/5 3/5 26/5 5/6 7/6 9/6 13/6 OOCL FORTUNE 20 7/5 8/5 10/5 2/6
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      1693 36 [ETD SIN (1 DAY) ♦(1 DAY) "I ♦(1 DAY) BOOWN^ONTACT [20/04/30 KELANG PENANG BANGKOK JACQUELINE TWICE/WKLY ETD SIN ODAYS) (2 DAYS) (I DAY) BOOWN^OJffACT [22/04/90 uftMr nMr n lMr JOYCE/JUDY TWICE/WKLY [ETD SIN (6 DAYS) r P DAY) ♦<4 DAYS) I fcXWWLCOJfTACT I 20/04/90 BUSAN MANILA SERENE/SITI IJT TWICE/WKLY [ETD
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      1629 37 aaagPff pacific international lines (pte) ltd U JfeV p,l Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA l' I BANGKOK I VESSEL VOY SIN J'KT SIN VESSEL VOV SIN BKK SIN OCLTA MAS ISIS 22/4 2S/4 2S/4 KOTA NAGA 01N 21/4 24/4 2S/4 MAJAPAHIT S3SB 24/4 2«/4 PEGASUS PROGRESS
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      Page 37 Advertisements Column 2
      1272 37 f benllne containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint lyl Fax: *****63 Singapore 0208. Telex: RS ***** an EXPRESS CONTAINER SERVICE TO UK/CONTINENT 16 VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG B'HAVEN R'DAM LHAVRE Heidelberg Exp 06/546 mPt 19/4 6/5 9/5 11/5 8/5 13/5 Osaka Bay 93/545 19/4 14/5
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      Page 37 Advertisements Column 3
      284 37 H®™ A A M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkok PAGAN VISSW aps APR PATHEIN VIOIW 2«/30 APR MYOMAYWA VI26W 21 APR/1 HAY 25-21 APR 21-24 AW MERGUI V 99* 21 apu/i MAY DISCH ONLY HPA-AN VI49W 25 MAY ■g* THE
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      842 40 J^SR-UNESj^ DSR LINES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO NORTH CONTINENT EUROPE, EAST MEDITERRANEAN UNITED KINGDOM OUTBOUNO SIN FIX BRE RDM ANT HBC RST ULBRICHT 4/SO 01/5 24(5 24/5 2*5 27/5 PANAMA SEN 2/90 llfS tSK K|t W W W T. WENDA SN 23/5 lift
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      Page 40 Advertisements Column 2
      1201 40 UKC COMVPmOHAI. Vtrnl P KLC PNC P C Laadinf far TONCCHUAN 30/3 Rotter4»n/Antwp YANCCHUAN 71/4 Rottartifli/Antwarp CHINA ruu COKTAIMKK MMmCB VMMI PKL PNC SPORE BKK HKC SHA QIN LYC WEI HE 50 27/3 25/3 31/3 1/4 19/4 YANG FANG KOU 125 31/3 2*3 5/4 11/4 I*4 20/4 Accaptinf FCL Carfo
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      Page 40 Advertisements Column 3
      263 40 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 24.4.90 26.4 90 PK BALAM NA6A JAYA In Port 23.4.90 PANJANG LAMPUNG JAYA 18.4.90 23.4.90 PANJANG PINANG JAYA In Port 23.4.90 PANJANG/PK BALAM PERITA JAYA 20.4.90 23.4.90 PANJANG/JAKARTA ABADI JAYA 21.4.90 23.4.90
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      Page 40 Advertisements Column 4
      508 40 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-I-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 26/4, 2/5, 12/5, 18/5, 23/5, 29/5, 3/6 1 EUROPE I:To all inland points: VIA
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      506 40 ASEAN PORTS Nrow Hock Agency Co Ltd BKK (Tel: *****80) \mm k I -mme~ ■AHA BHUM gw «M In W S»t ID* Sim BHUM 443W Thuf 1114 Sun OH MEKHAWIK KURAKO OH fri 20/4 Mow 23/4 PIYA BHUM 221W Sat 21/4 Tin 24/4 CNAIYA BHUW 05W Hon 23/4 Thur «g
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      1116 41 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 EAST BOUND SERVICE ETA S PORE LOADING FOR MV ALKINDI 23/4 Ummqasr/Baghdad il I EAST MALAYSIA SHIPPING ENT.
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      196 41 ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOAOINQ rem ANOtNET ISWB 08/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA MOOEIOAM ABVOT 21WB IS/06 OAfIESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOPE 10AH H lEN HUH 6 U* FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore
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      633 41 te>.P T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEOCR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPSRE, INDONESIA, MALAYSIA 1 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK FOR BOOKINGS CALL SPICARCO FORWARDING AT TEL: *****55 f SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
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      686 41 MTMTwmm rmv BAY OF BENGAL SERVICES MADRAS CALCUTTA ttSKLS WT SIM MAA SIR INCER RMS 03N10 27/4 04/5 11/5 INGER RMS 04N90 11/5 11/5 25/5 INCER RIIS 05*90 25/5 01/1 00* MEETE RIIS 00N10 00/0 150 22/1 DANISM FLAG YEAR BUILD 1)01 VESSELS VOY SIN CCU SIN SUPER EIGHT 02W90
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      398 41 TO AUSTRALIA/NEW ZEALAND "1 C VCMUK M W« W U/5 LVS sfi ZM ANmRKN w u/s 55 S5 5n M Tirr anas m ~SJ» iajt zm Si m V E NUNC HI a* 2M 4/7 V 7 *7 U DATS TO MELBOURNE! TO USA/CANADA VSL Smpppri H OrlMm ClurMw PkiMatpftu
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      Page 42 Advertisements Column 1
      1160 42 MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TIL *****02 I PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 I P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 -I\-/\"VM J BAHRU TEL: (07) *****2 SIBU TEL (084) *****2 LABUAN TEL: (087) *****9 —I
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      354 42 jflfgfc blue star line II SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK LYT MULBERA US In Port 4 May Via NPI
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      1186 42 /ZF\ THONG SOON LINES PTE. LTD. S l Jr 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH lima Iwt I eh I kit una m et» kst KIM SOON LI
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      703 43 COMPANIA PERUANA TOBk DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Perung* P. Kelang Singapore KAMALEVERETT 20/22 Apr 23/24 Apr THOMASEVERETT 1/2 May SHAPLAEVERETT 15/17 May WSV "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
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      671 43 I 1 A I FULL CONTAINER SERVICE accepting FCL/LCL urtoM to USA taefT Waat Coast, Carribbean.East Canada. HAITI Guatemala and Honduru VSL {S PORE IMAINLINER |LAX IKST [SAV [NYC IHFX ZIMKOPER 20/4 ZIM CALIfORN A 25/5 il* W M W* ZIM KAOHSHING ZIM LIVORNO 31/5 12/1 14/1 1M ZIM SINGAPORE
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      706 43 Msing nwang hang mwMa tmhwowtatiow <rro ltd WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 19/4 22/4 JENWEL I 13/4 I 16/4 VESSEL S PORE BANGKOK A VESSEL 14/4 17/4 A VESSEL 21/4 24/4 DESTINATIONS ETA SINGAPORE PORT KELANG 13 APR MANILA 20 APR HONG KONG, ALL CHINA PORTS 14
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      473 43 PERINTIS LINE I I' j JkgHMd. ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PRASETIA 85A In Pt 21/4 PELOPOR 938 21/4 24/4 PRASETIA 87A 25/4 28/4 PELOPOR 939 28/4 01/06 TANTO UTAMA 69 19/4 22/4 TANTO UTAMA 71 26/4 29/4 TANTO UTAMA 73
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      348 43 SIM FMJASI 22/4 KEELUNG/KAOHSIUNG 22/4 BANGKOK 20/4 MANILA 21/4 JAKARTA 20/4 PORT KELANG/PENANG 23/4 BUSAN 20/4 TOKYO/YOKO/KOBE 20/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIM EUROPE/UK 21/4 LDN/FLX/LVP/SOU 21/4 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN MM/CANADA 26/4 L.A./NYC/SFO 26/4 VANCOUVER/TORONTO/MONTREAL SIN AUSTRALIA/NEW ZEAIANB 26/4 SYD/MELB/ADEL/FREM
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      396 44 transintra shipping (Singapore) private limited Cargo bookings Tel: *****68 (5 LINES) TBN END MAY HKG, KAO, POHANG FROM ALL UNITED KINGDOM CITIES/PORTS FROM COPENHAGEN/AARHUS FROM HAMBURG/BREMEN FROM BUSAN FROM LOS ANGELES/ALL USA IPI POINTS PLATOU PACIFIC f? I SHIPPING SERVICES REGULAR FAR EAST N. AMERICA BREAKBULK SERVICE OWNER&' REP OFFICE
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      259 44 VSL DESTINATION ETA SIN SIRI BHUM V443N BANGKOK 19/4 MEKHANIK KURAKO 05N BANGKOK 20/4 PIVA BHUM 221N BANGKOK 21/4 CHAIYA BHUM 05N BANGKOK 13/4 SO ORIENT 17R CEBU, MANILA 27J4 AKA BHUM ISS CEBU. MANILA 20/4 VIRA BHUM V 72 CHITTAGONG. MONGIA 19/4 0 STRENGTH 22A KARACHI BOMBAY 19/4 O
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      314 44 IPMADKRIS BUSINESS ITU CORPORATION PHIUPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME M.V.'DAGOHOY' 05/90 25TH APRIL ILIGAN/BISLIG TBN IST MAY MANILA/ILIGAN TBN 10TH MAY BISLIG/MANILA GENERAL ACT CALSOURCE SHIPPING TRADING PTE LTD. a ROBINSON RD. #05 01 AFRO ASIA
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      Page 44 Advertisements Column 4
      327 44 77ZA/VS-L/A/K— Ofi KL: ALLieibUNK SINGAPORE: XdjXr 04-*****2 *****8955 778 6522(22 lines) V Marina Onfl lw« H*ChrMtaa CMm AHc« Yao/Mwr Yao I I Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY SPORE JAKARTA EDEN 9010 18/04 21/04 DELTA MAS 150N/151S 22/04 26/04 EDEN
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      Page 44 Advertisements Column 5
      175 44 ■HNV9VVHEMNVIH Ivf SSE t tm m DM MY OHFU VOYOBW 19/04 30/04 05/05 OMIT ALS PROSPERITY VOYIOW 29/04 10/05 15/06 OMIT CHOFU VOYIIW 06/06 19/06 24/06 29/06 Accepting FCL' for Johannesburg VESSEL uf mm rn mm n ALS STRENGTH VOYOSE 03/04 07/04 13AM 24/04 04/06 07/06' ALS ENOEAVOUR VOYOBE 10/04
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      Page 45 Advertisements Column 1
      26 45 From tomorrow, the air freight schedule will be carried on Page 15 every Tuesday and Thursday. This space will carry Daily Freight, the renamea London Freight.
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      437 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0(00 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 JR 19 2.3 2.6 2.7 2.7 2.5 2.1 1.7 1.3 1.1 09 09 09 1.1 1.3 15
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      Page 46 Advertisements Column 1
      299 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR 13-15/4/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 2-5/4 6-8/4 9-10/4 INDONESIA
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      Page 46 Advertisements Column 2
      300 46 /-HYUNDAI MERCHANT MARINE CO, LTD. EASTBOUWP TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HKG SIN LALANDIA 31E 20,04 2*04 14/05 17/05 20/05 HYUNDAI COMMANDER 15* 19/03 22/03 2M>3 12/04 19/04 HYUNDAI CHALLENGER 33E 27/04 03/05 21/05 24/05 27/05 HYUNDAI PIONEER
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      Page 46 Advertisements Column 3
      445 46 CHARTPOINTI Every Saturday in Business Times UK/CONTINENT (TRIO) H|^^B Hamburg to Capanhafan. Aartma Gottiantairf. Mm. StackMa I Span P Kalanf IS'ton M burf B'kaaaa R dam lah HEiOELBERC UNCSS 1M 2BN Iff 11A 14/5 *5 11/5 V«war». A«a»arda«. OHa, Ha»a«*i OSMU BAT I*4 14/5 Ifi Ufi 7/5 W j"" 1
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