The Business Times, 20 April 1990

Microfilm: NL16972
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 170/12/89 Friday April 20 1990 75*
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  • NEWS SUMMARY
    • Article
      Taiwanese firms in Philippines may switch to China
      60 1 SEVERAL Taiwan investors in the Philippines are planning to transfer their businesses to China due to Manila's severe power shortage. Mr Philip Chien, chairman of the Taiwan Chamber of Commerce and Industry in the Philippines, could not give an estimate of the
      60 words
    • Article
      R & D pays off
      27 1 R D pays off MNCs with R&D activities in Singapore are seeing their investments pay off. In turn, more R&D projects are on the cards Page 2
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    • Article
      Wedgwood base
      25 1 WATERFORD Wedgwood, makers of Irish crystal and English fine bone china, has mui-ti-million dollar plans to set up base in Singapore Page 2
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    • Article
      Whither Hang Seng?
      37 1 HONGKONG will notch up 3.5 per cent gross domestic product growth and Hang Seng index could move up to 3,600, soaring to pre-October 1987 levels in the second half of this year Page 8
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    • Article
      EC slams the US
      33 1 THE European Community accused the US of unfair trade practices by operating at least 50 tariff and non-tariff barriers, in the ECs annual report on the US Page 9
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    • Article
      Hills delays decision
      32 1 CARLA HILLS, US Trade Representative, has delayed for five months a decision on whether to retaliate against Japan for barring an Allied-Sig-nal product from the Japanese market Page 9
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    • Article
      Blow for Perrier
      21 1 The US FDA has ruled that mineral water Perrier's claim to be "naturally sparkling" is false Page 15
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    • Article
      Towards clean rooms
      25 1 "CLEAN" rooms are likely to be the next project for Singapore's largest private warehouse operator in the *****. Shipping Times Page One
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      42 1 BARGAIN-HUNTING and light buy programmes helped US blue chips recover much of their early losses on a continuing fall in bond prices. The Dow Jones average of 30 industrials dropped 0.4S to 2,732.43 in the first hour of trading.
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    • Article
      Footsie lower
      49 1 LONDON share prices slumped to five-month lows by noon yesterday, depressed by Wall Street's sharp drop on Wednesday. At 1115 GMT, the Financial Times-Stock Exchange 100Share Index was down 18.3 points, or 0.8 per cent, at 2,187.6, its lowest level since mid-November. Volume was 236.1 million shares.
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    • Article
      Isetan buys building
      15 1 Isetan buys 10-storey building in Delta Road for 517.3 million Page 3
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    • Article
      Faber Merlin revamp
      29 1 Faber Merlin proposes revised restructuring scheme which now involves a one-for-one rights issue and settlement of its 8.75 per cent convertible unsecured loan stock. Page 3
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    • Article
      Company innovation
      36 1 TEMERLOH Rubber Estates Bhd has started what it claims is one of the first companies of its kind in Malaysia a company to provide equity funds or subordinated loans to developing companies. Page 3
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    • Article, Illustration
      STOCK INDICES
      32 1 Thursday Change BT-MGA 767.03 -0.82 Kuala Lumpur ....S46.47 -3.92 Hongkong 3,067.67 +15.32 Tokyo 29,945.41 +696.35 Sydney 1,495.1 -6.1 i Wednesday C ha age New York 2,732.88 -32.89 London 2,205.9 -8.6
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    • Article
      CURRENCIES
      21 1 Fndiangt rates US$ SS 1.8765 Yen (100) SSI.I895 MS SS0.6891 M—y market rates Overnight 6 +1/4 3-montri 6 9/16% unch
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    • Article
      COMMODITIES
      27 1 London Gold PM fix US$375.75 US$ 1.00 Rubtoor S'pore May 155.75*/kg -0.25 M'sia May 21 l.OOVkg unch KL Tin Turnover 70 tonnes 4-10 Spot M$17.52/kg +0.15
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  • Article
    Government to go slower on building projects
    529 1  -  By Lilian Ang THE Finance Ministry, with an eye on rising construction costs, has asked all government agencies to cut back spending this year on building projects. On Monday, the ministry's budget division sent a circular to permanent secretaries and chief executive officers
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  • Article, Illustration
    Lock icon Moscow cuts off supplies of crude oil to Lithuania
    333 1 Agencies SOVIET PRESIDENT Mikhail Gorbachev has cracked down on Lithuania, cutting off supplies of crude oil and sharply reducing those of natural gas, while allowing Latvia to seek a special status within the Soviet Union. Raimonds Lochmelis, a spokesman for the
    Agencies  -  333 words
  • Article
    Future of investment in M'sia
    117 1 MALAYSIA proved to be a magnet for foreign investment Inst year. The amount approved in 1969 for new and expanded manufacturing projects by foreigners soured 77 per cent over the previous year's. But will the federation stay as attractive for iavestors after 1990? This year
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  • Article
    Lock icon Dollar's dip no reason to panic, say dealers
    342 1 Reuter SPECULATION linking Japanese institutional investors, mainly life insurers, with a sell-off of US government securities and dollar-based assets knocked the US dollar down sharply on world currency markets yesterday. But dealers say the downward swing is still within the market's expected
    Reuter  -  342 words
  • Article
    Lock icon Malaysia approves causeway projects
    271 1 Bernama THE Malaysian federal government has approved the projects to extend the exit point to Singapore and to build a subway at the customs checkpoint at Tanjung Puteri in Johor Bahru. Malaysian Highway Authority director-general Datuk Mustafa Ahmad said yesterday that the extension project would overcome
    Bernama  -  271 words
  • Article, Illustration
    Tommy Koh calls it a day
    273 1  -  From Anna Teo in WASHINGTON AFTER 19 YEARS in the diplomatic arena during which he became Singapore's most distinguished ambassador, Mr Tommy Koh is calling it a day. Talk had been rife that Mr Koh intended to leave the diplomatic service and return to
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      328 1 Exclusive Trifari Triple Plating Quality Guaranteed Made in USA Trifari Counter*: laetan Katong Metro: Far Eaal, Marina, Paragon Daimaru Wataon'a; Forum (iallena, OUB Centre» Tuan Sing lower. EUPHORIA TINGED WITH CAUTION 10 BUSINESS AS USUAL AFTER 1990 11 HEADY 80s, SEDATE 90s 12 Araaft Schedule 25 Money Market 23 World
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      Page 1 Advertisements Column 2
      14 1 New currency for Estonia, Back Pg 1 DPM's visit to the US, Back Pg
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    • Advertisement
      Page 1 Advertisements Column 3
      99 1 I mpifiii)© I Quadruple Zoom+Auto Two-Cokx. 1 L i Analysis, Pg 11 WELCOME TO THE KLASS THE A-CLASSisthemarkofhighambitioaFor the individual who demands quality and timeless elegance. Etienne Aigner is the style. It's that certain A. LEATHER FASHION TREASURE EYEWEAR ACCESSORIES ft Mb* "7"** Smgopore Etienne Aigner Shops operated by M
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      Page 1 Advertisements Column 4
      5 1 Hit by dumptag, Pg 6.
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Weaker yen may see fewer Japanese tourists
        156 2 A WEAKENING YEN and the continued volatility in the Tokyo stock market might affect the number of Japanese travelling aboard, said Singapore's tourism chief yesterday. Speaking at the opening of a seminar on the Japanese tourist, Singapore Tourist Promotion Board executive director Pek
        156 words
      • Article
        A sporting affair
        133 2 FOR THE third consecutive year, Singapore will play host to an international sportswear and equipment exhibition. ISPO Asia, an annual event, is a spin-off from Europe's well-estab-lished sports goods fair to cater to the rapidly growing Far East market. Singapore, with some 350 super-modern sporting goods stores,
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      • Article
        Tomorrow's lifestyle now
        94 2 TWO JAPANESE companies will display the benefits of automation at work and at home in a futuristic manner at the Automation Pavilion at the Singapore 2000-Global Technopolis exhibition in June. Seiko Instruments Singapore will provide a glimpse of the future factory where robots work in a flexible
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      • Article
        Ferry to Tioman
        64 2 RESORT CRUISES, a joint venture between Singamarine Industries and Beijaya Corporation Bhd, will offer direct cruise ferry services to Tioman starting on May 1. To start the service, the company will use a chartered twin-hull catamaran, Quicksilver I, with a capacity of 250. Another three-deck twin-hull catamaran,
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    • Article
      Taiwanese investment firm sells overseas interests to HK group
      203 2 HUNG YUAN group (HY), the largest underground investment firm in Taiwan, has sold its overseas interests, including a Singapore unit, to a Hongkong syndicate known as the Trim Group. In a statement released by the Singapore subsidiary Hung Yuan Singapore Investment
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    • Article
      MNCs gain from their research investments
      306 2  -  By Teh Hooi Ling MULTINATIONAL corporations with research and development activities in Singapore are seeing their investments pay off. In turn, more companies have taken up R&D projects. Companies ranging from those in food to high-tech communication gadgets which have R&D facilities here are
      306 words
    • Article, Illustration
      Waterford Wedgwood plans to serve region from Singapore
      276 2  -  By Suzanne Soh WATERFORD Wedgwood a marriage between Irish crystal and English fine bone china has a multi-million-dollar plan to set up an AsiaPacific base in Singapore. By 1993, the proposed Waterford Wedgwood (WW) Pan-Asia office will boast sophisticated support services for
      276 words
    • Article
      SEEL, HP sign agreement
      278 2 SINGAPORE Electronic Engineering and Hewlett Packard have entered into a "strategic alliance" to provide specialised testing for electronics manufacturers in South-east Asia. The accord, signed yesterday, is to market electromagnetic compatibility (EMC) test solutions. It is timed to take advantage of the rising number of regional
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    • Article
      Singapore Aerospace expects 30pc rise in turnover to $200 m
      254 2 SINGAPORE Aerospace (SA), a member of the Singapore Technologies Group, has projected a 1990 turnover of $200 million, a 30 per cent rise over last year. The expected increase in business corresponds with the growth of the aerospace industry. At
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    • Article
      Inflation still above 3pc
      121 2 THE inflation rate, as measured by the Consumer Price Index, has stayed above the 3 per cent mark for the sixth month in a row. The index in March was 3.2 per cent higher than the March 1989 figure. But compared with February 1990, the March
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      165 2 THE SHAPE OF BETTER THINGS TO COME A distinguished design, with excellent features to make this new phase another choicest investment per square foot. Four-Storey terrace factory units of 10, 000 square feet each Excellent links to Changi Airport cargo terminal via expressways Statutory Land Grant (Estate In Perpetuity) Efficient
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      Page 2 Advertisements Column 2
      253 2 NOTICE NOTICE IS HEREBY GIVEN that, I Seow Teck Soon of No Blk 48 Bedok South Ave 3 #13-238 Singapore 1646, have applied lor a Retail Liquor Shop licence in respect of premises at M/s Soon Aun Tong Chinese Medical Hall at Blk 258 Bukit Panjang Ring Road #01-42 Singapore
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Isetan buys Seiclene House for $17.3 m
      378 3  -  By Elaine Koh RETAILER Isetan Singapore has made its second foray into the local property market with its purchase of Seiclene House in Delta Road for $17.3 million. However, this marks the Japanese group's first venture into industrial property. The 10-storey factory building
      378 words
    • Article
      Guthrie GTS gets option to buy KL property company
      396 3  -  By Abdul Hadhi GUTHRIE GTS has tied up with Berjaya Corp in a proposed joint venture to tackle the property development market in Malaysia, confirming an earlier BT story. In an announcement earlier this week, Guthrie said that it had received
      396 words
    • Article
      Indon tyre firm's share offer a success
      426 3  -  By l William Chia DIVERSIFIED Indonesian group Gadjah Tunggal has successfully floated its tyre manufacturing arm. The company, PT Gadjah Tunggal, offered 20 per cent of its issued capital comprising 20 million shares with a par value of 1,000 rupiah each at 5,500
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    • Article
      How long will First Cap take to realise its full potential?
      560 3  -  THE HOCK LOCK SIEW COLUMN By Conrad Raj IF EVER there was a company that fired the imagination of investors in Singapore and Malaysia, it was First Capital Corporation in 1987. With its rapid purchases of Tung Centre in
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    • Article, Illustration
      Lock icon Faber Merlin unveils revised restructuring
      569 3 MBT FABER MERLIN Malaysia (FMM) has proposed a revised financial restructuring scheme which will place the group on a stronger footing and on the road to recovery. It unveiled a financial restructuring last July, but since then there have been certain developments pertaining to the
      MBT  -  569 words
    • COMPANY BRIEFS
      • Article
        YHS streamlines corporate titles
        160 3 YEO HIAP SENG LTD has introduced streamlined ooqporate titles for its senior executives. Mr Alan Yeo remains chairman and managing director. The new titles involve Mr Charles Yeo (general manager previously) who is now president of the company, Mr Dennis Wong, executive vice-president, finance; Mr Chan
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      • Article
        MMC invests in gold company
        109 3 MALAYSIA MINING Corporation is buying a 29 per cent stake in gold company Pioneer Mineral Exploration Ltd (PME) from Pioneer International Ltd for US$32 million. Pioneer said that PME owns a SI per cent stake in the Plutonic Gold project located in Western Australia, which
        109 words
      • Article
        Apollo completes acquisition
        92 3 APOLLO ENTERPRISES Ltd said yesterday that it has on April 18 legally completed the acquisition of 5.47 million shares in Apollo Centre Pte Ltd for $6.57 million to be satisfied by an issue of 2.2 million new shares at an issue price of $2.98 each. Apollo said
        92 words
      • Article
        Berjaya to proceed with deal
        69 3 BERJAYA CORPORATION Bhd will proceed with the acquisition of Shahzan Tower, a 40-storey office complex in Kuala Lumpur, now that Guthrie GTS Ltd has withdrawn its lawsuit against the vendor, Taras Holdings Sdn Bhd. A Berjaya official, in confirming that the company would proceed with
        69 words
      • Article
        Len Brothers seeks KL listing
        66 3 LEN BROTHERS' Holdings Bhd, a holding company for various firms involved in the manufacture of plastic and rubber footwear and rubber sheets, plans to seek a listing on the main board of the Kuala Lumpur Stock Exchange in about a year's time, a company official
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      436 3 «JLl' Vfok. phase 1 MKm 3 I '*?t^^^H iff; tfiEr v SHI Hjlgg*-* I ill fl f&Il K b IIH v > 19.* ST a G9<ff I wlB 'o^H^HKSS^SsI PIS Wm r < ill fIH fl& JHHH ilsific ■^^»I^WiyM&j^3Cr^jt^^BptWBBWiWBHjPPHH^BBWj|WPyMSMjBpBMHJMBMBIi' j i ,1 HTV > Jr -T. I .all jiji i
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Manila to sell stake in Picop
        55 4 THE PHILIPPINE GOVERNMENT plans to sell 60 per cent of Paper Industries Corporation of the Philippines, the country's biggest pulp and paper company, cutting its stake to 20 per cent from 80 per cent. A Philippine official said the bidding for Picop would be
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      • Article
        Branches for Thai brokers
        61 4 THE BANK OF BANGKOK has allowed several securities companies with seats on the Securities Exchange of Thailand to set up branches in provincial areas. The Nation said that this step was part of an attempt the SET was making to draw 600,000 investors, or roughly one
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      • Article
        Changes in disclosure rules
        57 4 THE JAPANESE FINANCE MINISTRY is considering increasing the amount of information companies must reveal to the ministry and which is made available to the public, such as hidden losses and profits. A ministry official in Tokyo said this would probably cover all holdings of financial instruments
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      • Article
        MHI, Daimler to cooperate
        57 4 DAIMLER-BENZ, West Germany's largest industrial group, and Japan's Mitsubishi Heavy Industries Ltd (MHI) have agreed to conduct joint research in the aerospace field. A Mitsubishi Heavy spokesman said joint projects between MHI and Motoren Turbinen Union and Dornier GmbH, subsidiaries of Daimler-Benz unit Deutsche Aerospace AG,
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      • Article
        Hutchison still awaiting word
        61 4 HONGKONG TRADING HOUSE Hutchison Whampoa Ltd says it has received no recent word from Nova Corp of Alberta about any plan to seek a public listing for Husky Oil Ltd, in which both have 43 per cent stakes. Stocks analysts in Hongkong said listing rumours had
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    • Article, Illustration
      Lock icon New Temerloh unit to offer loans to developing companies
      476 4 Bernama TEMERLOH RUBBER Estates Bhd has started what it claims is one of the first companies of its kind in Malaysia one that provides equity funds or subordinated loans to developing companies. Appropriately, the company has been named Mezzanine Capital (M)
      Bernama  -  476 words
    • Article
      Lock icon Positive response to Brierley purchase of Telecom Corp of NZ
      530 4 Reuter ANALYSTS POLLED by Reuters have responded favourably to a Brierley Investments Ltd purchase of the profitable state-owned Telecom Corp of New Zealand Ltd, saying that it will be positive for both companies and possibly the government. "We'd view it
      Reuter  -  530 words
    • Article
      Lock icon Marubeni-led group bids for rail deal
      190 4 Reuter A CONSORTIUM led by Japanese firm Marubeni Corp has emerged as the sole bidder to build the second leg of a light rail system in the Philippines. Other members of the consortium are Leighton Contractors Asia, a subsidiary of Leighton Holdings Ltd of
      Reuter  -  190 words
    • Article
      Lock icon Dainippon, Hexcel to form Tokyo joint venture
      130 4 Asahi DAINIPPON Ink Chemicals Inc has reached an agreement with Hexcel Corp of San Francisco to form a joint venture in Tokyo to make materials used in building aircraft. Dainippon and Hexcel will each invest US$2 million in the new company, DIC Hexcel.
      Asahi  -  130 words
    • Article
      Lock icon Bond Corp invests in Uruguayan gold mines
      123 4 Reuter AUSTRALIAN Bond Corporation has invested in Uruguayan gold mines expected to yield about 1.6 tonnes of gold a year by September. "Uruguay will produce 1.6 tonnes of gold a year that will be sold on the international metals market," Uruguay's Mines Department
      Reuter  -  123 words
    • Article
      Lock icon May Plastics to seek KLSE listing
      327 4 MBT MAY PLASTICS Industries Sdn Bhd (MPI), a manufacturer of precision plastic parts, plans to seek a listing on the Kuala Lumpur Stock Exchange by the second half of this year. Managing director Cheah Lum Choy said the group had appointed a merchant bank
      MBT  -  327 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      209 4 Glorious Indulgence! ■jJ§ Variety Is A Spice Of Life! Yes, indeed. At River Garden Coffee House, we have a daily change of menu for our Local Set Lunch and Western Set Dinner. You'll certainly expect a wide range of food for a perfect indulgence everytime. So. come down and sink
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      Page 4 Advertisements Column 2
      124 4 Br v .jSa^^gK' V LflBM B HmK|. M Dauphin Sitzkultur THE STRENGTH OF YOUR COMPANY IS IN THE RACKRONE OF YOUR EMPLOYEES. Display your corporate philosophy. The. Douphin Basisline product range from West Germany constitutes p programme of office chairs expressing corporate design at every work station. But what is
      124 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon BTR unfazed by new law to foil Norton bid
      444 5 Reuter BRITISH conglomerate BTR pic is pushing ahead with its US$l.64 billion cash bid for Norton Co despite the enactment of a law in Massachusetts, Norton's home state, designed to foil it. "The bid is going on, and we have sent
      Reuter  -  444 words
    • Article, Illustration
      Lock icon Wall St brokers face tough times
      308 5 Reuter WALL STREET'S biggest brokerage firms are generally expected to report weak first-quarter profits as a result of slow revenue growth and high costs, but regional brokers will do better. "No one's making that much money. A problem is that revenues are not growing
      Reuter  -  308 words
    • Article
      Lock icon Inco to increase spending to C$500m this year
      257 5 Reuter INCO LTD will spend about Cssoo million this year, including around Cslss million on the Sudbury sulphur dioxide abatement project, compared with about Cs46o million in 1989, president and chief executive Donald Phillips told the company's annual meeting. "A significant portion
      Reuter  -  257 words
    • Article
      Lock icon Peugeot profits soar
      96 5 AFP FRANCE'S car maker Peugeot earned after-tax profits of 103 billion francs (US$l.B billion) in 1989, up 16.4 per cent from the previous year and an absolute profit record for any French company, the firm said on Wednesday. Peugeot's sales were up 10.5 per cent to almost
      AFP  -  96 words
    • COMPANY BRIEFS
      • Article
        Philip Morris earnings up
        70 5 PHILIP MORRIS, the world's largest consumer-products company, announced on Wednesday that its earnings in the first quarter rose by 31.4 per cent to US$775 million, or 84 US cents a share, from US$59O million, or 64 oents a share, in the corresponding period last year. The
        70 words
      • Article
        AMR suffers quarterly loss
        114 5 AMR CXDRP, the parent of American Airlines, has reported its first quarterly loss since 1987, attributing it largely to sharply higher fuel costs. Wall Street analysts predicted that other airlines would report losses bigger than AMR's in the next few days. The company reported on Wednesday
        114 words
      • Article
        Trustee for Eastern Airlines
        55 5 MARTIN SHUGRUE, a former president of Continental Airlines, has been appointed to serve as a trustee to manage Eastern Airlines, a US bankruptcy court official said on Wednesday. Eastern Airlines and Continental Airlines are both subsidiaries of Texas Air Corp. Eastern filed for Chapter 11 bankruptcy
        55 words
      • Article
        Lockheed buyback proposed
        88 5 HAROLD C SIMMONS has proposed that Lockheed Corp repurchase US$ 1 billion of its common stock from shareholders. Mr Simmons, who was defeated earlier this month in a bid to gain control of the Lockheed board, said that the company could dispose of "non-strategic or underperforming assets"
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      48 5 Inco nickel price will stay above LME levels, Pg 24 OLD and IMPRESSIONIST MASTER PAINTINGS MASTERS of the School of Paris 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
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      Page 5 Advertisements Column 2
      252 5 r-' '.'.A*-:: j■- v*<X~ i» i NLY A RTI ER RAFTS Eyewear With A Jeweller's S Frame Of Mind. v/ 1 X AJ. J.-* i-/♦ jiiV-V V' 14 J.wi4 IS ",'v, Eyewear may not. at first gHnct, appear to *V x i:, ,s>* IV* be a natural domain for makers
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bank Industri to launch venture capital scheme
        104 6 BANK Industri Malaysia Bhd (BIMB) will launch a venture capital programme next week in association with Walden Management Co Ltd, an established venture capital company from the US. A BIMB statement yesterday said the primary objective of the venture capital operations was to
        104 words
      • Article
        Bank Negara's reserves down
        126 6 BANK Negara's gold and foreign exchange reserves fell to M 521,143.71 million as at March 15 from M 521,232.18 million a fortnight earlier. A statement from the central bank yesterday said its total assets and liabilities rose to M 533,152.54 million from M 532,799.78 million previously.
        126 words
      • Article
        Timetable for Tokyo controls
        81 6 JAPAN'S Finance Ministry is to formulate a timetable to lift remaining controls on interest rates in the next few months after consultations with various banks, ministry officials said Wednesday. But they denied newspaper reports that the ministry had already adopted a program to liberalise interest rates
        81 words
      • Article
        BNP profits up 12 per cent
        70 6 FRANCE'S state-owned Banque Nationale de Paris (BNP) said yesterday that its attributable net profit rose 12 per cent to 3.41 billion francs last year despite heavy provisions for bad debts. The increase was better than analysts' predictions of a lower than 10 per cent
        70 words
      • Article
        No drug money: BNL branch
        95 6 ITALY'S Banca Nazionale del Lavoro said its New York branch has found no evidence of illegal drug profits deposited in its accounts. The Italian bank's New York branch was one of 173 banks ordered by US authorities on Tuesday to produce records of bank accounts
        95 words
    • Article
      Lock icon Japanese dumping starts to hit US bond market
      368 6 The massive Japanese sell-off of US T-bonds Reuter THE US bond market may be seeing a glimmer of what it has long feared a big selloff by the Japanese. Brokerage firms in Tokyo estimate that Japanese investors, mainly insurance firms, have sold
      Reuter  -  368 words
    • Article, Illustration
      Summit may invest in US units here
      339 6  -  By Soh Tiang Keng SUMMIT Partners, a US venture capital firm, is studying the possibility of investing in Singapore subsidiaries of US companies, according to its visiting managing partners. The visitors, Mr E Roe Stamps and Mr Stephen Woodsum, told BT that the
      339 words
    • Article
      Lock icon UK drops plan to equalise banks' liquid assets
      391 6 FT THE Bank of England has decided to drop controversial proposals that would have obliged all banks operating in the UK to hold a similar stock of liquid assets as a safety net. Instead, it will set rules for banks individually based
      FT  -  391 words
    • Article
      Lock icon Yen's depreciation worries the US
      243 6 Reuter THE recent fall in value of the yen is a cause for concern because it might hamper efforts to cut global imbalances in trade, the US Treasury Department said in a report to Congress published on Wednesday. "The yen's weakness is a matter of
      Reuter  -  243 words
    • Article
      Lock icon Stanchart's strong regional feat
      163 6 Bernama THE continued strong economy of Asean countries has helped the Standard Chartered group to become a major player in the banking sectors in Malaysia, Singapore and Brunei. The group improved its commission and exchange income in Malaysia, it said in its 1989 annual report. The
      Bernama  -  163 words
    • Article
      Lock icon Bank concealed income
      81 6 AFP STANDARD Chartered Bask has been ordered to pay some 600 million yea in additional taxes after concealing income from a land sale, Japanese news reports said yesterday. The reports, quoting tax officials, said the bank violated a Tokyo Metropolitan Government law which sets maximnm prices for
      AFP  -  81 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      76 6 This Announcement appears as a matter of record only <v> Arab-Malaysian Credit Berhad M$ 40,000,000 Syndicated Revolving Credit Facility Arranger ANZ Singapore Limited Guarantee provided by Gulf International Bank 8.5.C., Singapore Branch National Australia Bank Limited, Singapore Branch Credit Suisse, Singapore Branch DBS Bank The Gulf Bank K.S.C., Singapore Branch
      76 words
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      Page 6 Advertisements Column 2
      200 6 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
      200 words
  • Page 6 Miscellaneous
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      330 7 JH m. i? y- -N f Jel _ijfc V/ ■M^Cyii^. IF YOU WANT TO BUILD AN ISLAND, ASK A DUTCHMAN. We Dutch are famous for growing things. "Fine", we said,"where is it going to be built? Rich, for instance. And tulips. They pointed out to sea. We all turned, and
      330 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Decline in KL textiles, clothing sector expected
        91 8 THE MALAYSIAN textiles, clothing and footwear products industry expects total output and sales to decline by 2.0 per cent and 3.3 per cent respectively in the first six months of this year after recording 16.1 and 17.6 per cent growth rates in the
        91 words
      • Article
        M'sian wood sector optimistic
        78 8 THE MALAYSIAN wood and wood products industry is expected to register a robust performance in the first six months of this year, boosted by strong domestic and foreign orders, says a survey report by the Malaysian Industrial Development Authority (Mida). Production is expected to increase by
        78 words
      • Article
        Loans for agricultural projects
        77 8 INDONESIA'S cumulative foreign loan commitments for the development of agricultural projects in Indonesia have reached about US$l.4 billion, says Agriculture Minister Wardoyo. Mr Wardoyo said at a fast-breaking dinner in Jakarta on Monday that financial institutions such as the World Bank and the Asian Development Bank
        77 words
      • Article
        Coup rumours worry investors
        66 8 AN ELECTRICITY CRISIS and persistent rumours of a new coup attempt in the Philippines are frightening off foreign investors, threatening the economic recovery which began under President Corazon Aquino. At the same time, inflation has reached double digits. Officials are warning that failure to meet government
        66 words
      • Article
        Sino-Viet ties inevitable
        59 8 VIETNAM and China, rivals for more than a decade in the Cambodian war, have no choice but to normalise relations, a senior Vietnamese diplomat said. "The two countries need stability and need a favourable environment to develop economically," Hanoi's Ambassador to Thailand Nguyen Trung said at a
        59 words
      • Article
        KL refutes refugee allegation
        61 8 MALAYSIA yesterday criticised the United States and refugee groups for waging an international media campaign against the country over the Vietnamese boat people. Deputy Prime Minister Ghafar Baba told reporters in Kuala Lumpur that allegations that Malaysia was pushing Vietnamese boat people back to sea were
        61 words
      • Article
        The earth moves in Sulawesi
        68 8 A POWERFUL EARTHQUAKE shook the northern part of the Indonesian island of Sulawesi, Celebes, causing some structural damage and possibly casualties in outlying places, officials said yesterday. The tremor, measuring 6.5 on the Richter scale, struck for a few seconds on Wednesday night around 1340
        68 words
    • Article
      Barings forecasts rosy future for Hongkong
      370 8 BARING SECURITIES has predicted a rosy future for Hongkong, with the economies of its biggest trading partners China and the United States expected to pick up by next year and local gross domestic product growth of 3.5 per cent achievable given a stronger second
      370 words
    • Article
      HK Gas pulls out of Thai project
      261 8 HONGKONG and China Gas has pulled out of a US$l billion project to pipe natural gas to Bangkok factories, citing supply problems and doubts over its viability, The South China Morning Post reported on Wednesday. Petroleum authorities said the firm, which opened negotiations
      261 words
    • Article, Illustration
      Monkey king keeps cool
      54 8 A performer, dressed as the legendary Chinese monkey king, sipping a cool drink on Wednesday at a Hongkong festival dedicated to Tin Han, who is honoured by Chinese fishermen as their goddess. Legend says Tin Hau, as a young girl, was extremely adept at forecasting storms
      54 words
    • Article
      Lock icon Taiwan minister to visit three Asean nations
      335 8 Reuter TAIWAN'S Economic Minister Chen Li-an will leave on Sunday for a three-nation tour as Taipei continues its drive for better trade and investment relations with South-east Asia. An official from the Economic Ministry said on Wednesday that Mr Chen would lead a
      Reuter  -  335 words
    • Article
      More want a stake in Riau plantations
      125 8 AN increasing number of investors are interested in developing plantations in Riau, according to The Jakarta Post. The province's governor Soeripto, speaking on Monday at a meeting of the regional permanent working committee in Pekanbaru, said the provincial government had received 239 proposals
      125 words
    • Article
      Lock icon KL-Taipei trade boom expected
      109 8 Bernama TRADE between Malaysia and Taiwan is expected to grow as the economies of both countries continue to boom, the director of the economic division of the Taipei economic and cultural centre in Malaysia, Mr Chen Yung Hsiang, said in Kuala Lumpur yesterday. He said that
      Bernama  -  109 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      283 8 TOWING/SUPPLY VESSEL FOR SALE Sealed bids are invited for the purchase on an 'AS IS WHERE IS' basis of a steei towing/supply vessel which has following characteristics/dimensions CHARACTERISTICS Length, Overall 180.0 Ft Beam 40.0 Ft Depth 14.0 Ft Light Draft 6.0 Ft Maximum Draft 11.9 Ft Freeboard 2.1 Ft Displacement
      283 words
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      Page 8 Advertisements Column 2
      81 8 I The Perfect Setting^^J dishes Prepared with the Stewed Green Vegetable with Crab Meat —$6 eX Braised Sea Cucumber with Spring Onion —$10 Sm it's our endless variety of seafood fare that lures our customers back. .And with prices from $6, you're bound to get hooked too. Call for reservations
      81 words
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  • THE WORLD
    • Article
      Lock icon EC lashes out at US trade practices
      435 9 Reuter THE EUROPEAN Community has accused the US of undermining world trading rules by operating unfair or discriminatory practices. In its annual report on United States Trade Barriers and Unfair Trade Practices released on Wednesday, the European Commission reserved particular criticism for unilateral
      Reuter  -  435 words
    • Article
      Lock icon Hills to postpone retaliation decision
      207 9 AP US TRADE Representative Carta Hills said on Wednesday that she will delay for five months making a decision on a petition to retaliate against Japan for allegedly barring an American-made high-technology product from the Japanese market. Ms Hills said the delay would give US
      AP  -  207 words
    • Article
      Lock icon US industry changes its tune on green issue
      109 9 AP IN A REVERSAL of what US business preached 20 years ago, the US National Association of Manufacturers has said that experience shows environmental improvement and economic growth are compatible. Alexander Trowbridge, head of its Industry Coalition for the Environment, said in
      AP  -  109 words
    • Article, Illustration
      Strange way to kill time
      42 9 This prisoner is not letting a little thing like a jail uprising interrupt his daily exercise Prison inmate, among the few still holding up in an 19-day siege, was spotted doing sit-ups on the roof on Wednesday.
      42 words
    • Article
      Lock icon Soviet envoy calls for business cohesion
      234 9 AP THE SOVIET UNION must use improved relations with the US as a basis for restructuring its economy, but internal problems could damage those hard-won ties, says the Soviet envoy to Washington. In a speech at Duke University in North Carolina on Tuesday, Mr
      AP  -  234 words
    • WORLD WATCH
      • Article
        Tokyo minister outlines economic strategy
        102 9 JAPAN'S fiscal and monetary policy will be kept flexible to ensure sustainable economic growth without inflation, paying due attention to domestic and overseas conditions. In a speech prepared for the annual meeting of the Trust Companies Association of Japan in Tokyo yesterday, Finance Minister Ryutaro
        102 words
      • Article
        Brady urges caution on tax pacts
        101 9 US TREASURY SECRETARY Nicholas Brady has expressed concern about congressional actions that would override US tax treaties with other countries and urged a cautious approach, saying that the solution to congressional concern would lie in greater consultations with legislators. In testimony before the House
        101 words
      • Article
        China's urban jobless rate rises
        59 9 NEARLY FOUR MILLION PEOPLE were laid off in China last year, pushing the urban unemployment rate to 2.6 per cent. A Chinese Labour Ministry official in Beijing said that unemployment jumped from 2 per cent at the end of 1988, with four million urban residents
        59 words
      • Article
        British consumer spending falls
        54 9 BRITAIN'S consumer spending fell last month, indicating government efforts to cut inflation through high interest rates were beginning to bite. The Central Statistical Office in London said on Wednesday that provisional March retail sales fell by 1.4 per cent, which was more than market forecasts of
        54 words
      • Article
        Private property, states Prague
        77 9 CZECHOSLOVAKIA'S federal Parliament has voted to give full constitutional recognition to private property, and to allow private companies to be set up without requiring official permission. Wednesday's vote on private property rights, which were previously not recognised at all by the country's Constitution, was unanimous. The
        77 words
      • Article
        Portugal to privatise bank
        77 9 THE PORTUGUESE GOVERNMENT has unveiled its latest privatisation plans, including the sale of the country's largest bank. Finance Minister Miguel Beleza also announced in Lisbon on Wednesday sharp reductions in government spending of up to 30 per cent. He said that the centre-right government would continue
        77 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      155 9 <- :i i i >. 1 I I 1 g* 1 .V- 11 j[ M Baal > "WSIe THE SSS RETURNS. t.. *y v t^.fMnwi t T f *t c U T > I«n«l* 'W-- V. it'f > M *1 i. < <*• <w INTRODUCING THE NEW BLUEBIRD HARDTOP SSS-X.
      155 words
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  • Article
    Cash in your backyard
    494 10 EDITORIAL 1 or years Singaporeans have been at■•4 tracted to foreign currency deposits be.'l cause of their higher interest rates. For example, fixed deposits denominated in Aussie dollars, New Zealand dollars, British pounds or Canadian dollars pay double digit interest rates compared with a mere 5
    494 words
  • WHAT THE OTHERS SAY
    • Article
      Transcending the limits
      235 10 THE FIRST Deputy Prime Minister, Mr Goh Chok Tong, said in Washington that the younger leadership would seek to transform Singapore into a "great international city state". To do this, he said the Republic must launch its next phase of expansion by looking outside the island, with
      235 words
    • Article
      The world's our stage
      113 10 TO EXPAND OVERSEAS as envisioned by First Deputy Prime Minister Goh Chok Tong, we need to have people of the right calibre. Otherwise, we may over-reach ourselves. To be a truly international city state, Singapore has to reach out not only to the region, but beyond.
      113 words
    • Article
      The King and ire
      123 10 SANDWICHED between China and India, Nepal's position is a sensitive one. For some time now, India has held sway over its destiny. For instance, when King Birendra refused to make concessions to India over the extending of a trade treaty two years ago, India closed its
      123 words
  • REGIONAL VIEWPOINTS
    • Article
      Re-examining education
      207 10 THERE IS MOVEMENT in the tectonic plates of educational philosophy underlying the educational system in the country, but unlike the physical upheaval that take place when land masses shift, the tremors in educational perspectives are taking time to register an impact in classrooms. In the past couple of
      207 words
    • Article
      Plugging brawn drain
      174 10 AT ITS MEETING yesterday, the Cabinet decided that the country should slow down or stop promoting the export of Thai labour to foreign countries because of the rising shortage of skilled labour at home due to the rapid expansion of the economy. The Cabinet also asked the
      174 words
    • Article
      Enough, for now
      146 10 CIVIL SERVANTS' unions should pay heed to a speech yesterday by the Governor, Sir David Wilson, on the need for stronger leadership. He made special mention of the civil service in calling for the territory's best talent to step forward and take responsibility in the challenging years
      146 words
  • Article, Illustration
    Lock icon Euphoria with a dash of caution
    832 10 US trade negotiators seem quite happy with two recent Japanese concessions, but will the cheerfulness last? Economist THE MOOD of American trade buffs towards Japan oscillates by the week. At the moment it is cheerful, thanks to recent Japanese concessions on imports of satellites
    Economist  -  832 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      223 10 Deutsche Bank Group is expanding its regional merchant banking activities in Singapore and seek suitable candidates for the following positions PROJECT FINANCE OFFICER An additional officer is sought to focus on and specialize in project financing in Asia. The position requires regional travel and internal training/orientation where appropriate. You should
      223 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      52 10 DOONESBURY ZONKTMHZ. TM YEAH.STAY ALSO, NO TUNA STEAK. UNTIL' H HAVING LUNCH AMffiFROM THE/ SKPKJLUN6 DOIfUNS IN ,n CUT KXMY. ANY THESHBWSH. THE TUNA NETS. AND FOUGHT r£av I'LL HAVE PBRRJER GurpeuNes* rrsf*oem.Y meatandbm& produqs-the we urn*. okay* Z FXOMThE FARMS Ate INHUMANELY FUN 1 SCUND, Jfi BADLY v Jm
      52 words
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  • ANALYSIS
    • Article, Illustration
      Looks like business as usual after 1990
      1248 11  -  This year marks the end of Malaysia's controversial New Economic Policy. Kenneth James, who was in Kuala Lumpur recently, spoke to investment officials on the implications for foreign and local investors Kenneth James Kenneth James is BT's Economics Correspondent Malaysia is at a
      1,248 words
    • Article
      Foreign investors brought down to earth
      654 11  -  Dampeners on commercial land-buying spree as polls near? P S Nair reports for BT from KL P S Nair PRESSURE from the Malaysian authorities may have put the brakes on the boom in commercial property. The Foreign Investment Committee (FIC), whose approval is required
      654 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      85 11 lytl i UH| I tat MB V 'If IB\ a J rJk You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and
      85 words
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  • FOCUS
    • Article
      Lock icon After the heady 80s, the sedate 90s
      878 12 South Korea's electronics and car industries, once rising stars, are mired, but the lesson is quickly learnt FT SOUTH KOREAS electronics industry, one of the engines of the economy's rapid export growth during the 1980s, has lost much of its momentum. Higher domestic
      FT  -  878 words
    • Article, Illustration
      Lock icon Low on exports, high on ambition
      590 12 Reuter A WEAK YEN is deepening woes of South Korean carmakers already suffering from an export slump, but industry and government officials are determined to defy predictions that the country's car success story may be over. "Despite the problems we have, car manufacturing should
      Reuter  -  590 words
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  • SPORTS
    • Article, Illustration
      Appelmans in controversial win
      561 13  -  By A Surendren MORE SEEDS fell in the third round of the DHL SinCpore Women's Open at illang yesterday, including the top two seeds. But what stole everyone's attention was the sensational finish to the match between eighth-seeded Sabine Appelmans of Belgium and 11th seed and
      561 words
    • Article, Illustration
      Lock icon Trevino hopes to cash in on Nicklaus' absence
      407 13 AP JACK NICKLAUS is among the missing and Lee Trevino wants to make the most of it this week "Jack said he won't be playing on the Seniors (tour) for a while, so we better make it while we can," said Trevino,
      AP  -  407 words
    • Article
      Lock icon A little bit of analysing cannot hurt, can it?
      251 13 AP THE BEST HELP Payne Stewart and Ken Green could bring with them to the Greater Greensboro Open is not in their golf bags. Stewart, who won last weekend's Heritage Classic, has been getting help from a sports psychologist in nearby
      AP  -  251 words
    • Article
      Lock icon Middle aged, overweight but still a winner
      459 13 AP IT WAS THE BATTLE of the bellies, sumo wrestling under Marquis of Queensbury rules, a whale of an event. George Foreman's huge white trunks hid part of his girth, but then they could also be used as drapery for the Caesars Tahoe
      AP  -  459 words
    • Article
      Lock icon Martinez beats Gavaldon in Florida
      213 13 AP DEFENDING CHAMPION Conchita Martinez won 19 of the final 22 points and defeated Angelica Gavaldon 6-3, 6-1 on Wednesday to go to the quarter-finals of the Eckerd Open in Florida. The third-seeded Spaniard will next meet Cammy MacGregor, who beat qualifier Silke Meier of
      AP  -  213 words
    • SIDE LINES
      • Article
        76ers move closer to winning division title
        95 13 HERSEY HAWKINS scored a season-high 31 points as the Philadelphia 76ers beat the Indiana Pacers 124-113 on Wednesday night, reducing their magic number for winning the National Basketball Association's Atlantic Division to one. The 76ers need a victory or a Boston defeat to
        95 words
      • Article
        Brown keeps ranking
        106 13 WELTERWEIGHT Glenwood Brown of the US preserved his No 4 ranking from the International Boxing Federation by stomping Hurien Villarreal of Ecuador in the third round of a scheduled 10-round bout in Atlantic City on Wednesday night Brown, reacting angrily to being bitten on the shoulder by
        106 words
      • Article
        The heartbeat of the race
        80 13 CHEVROLET may soon be billing its Indy V 8 engines as the heartbeat of the Championship Auto Racing Teams. Those powerful turbocharged power plants actually produced by llmor Engineering of England, owned by Mario lUien, Paul Morgan, Chevrolet and Roger Penske have in recent seasons
        80 words
      • Article
        Oilers bring Kings down
        70 13 ESA TIKKANEN scored two goals and goal-tender Bill Ranford got his first-ever playoff shutout as the Edmonton Oilers beat the Los Angeles Kings 7-0 on Wednesday night in the opening game of a National Hockey League playoff series. Jari Kurri scored his 86th career playoff goal,
        70 words
      • Article
        Orioles snap losing streak
        38 13 CRAIG WORTHINGTON homered and drove in four runs, including the tie-breaker in the sixth inning on Wednesday night, as the Baltimore Orioles beat the Toronto Blue Jays 8-5 and ended a three-game losing streak.
        38 words
      • Article
        Abracadabra sweeps ahead
        53 13 ABRACADABRA, American Jim Andrews's new boat, took the lead on the opening day of the Yacht Association World Cup's Caribbean leg. Swedish-owned Carat VII, piloted by Olympic silver medallist Peter Holmberg of the Virgin Islands, took second place. Dutchman Richard DeVos' Windquest rounded out the top three
        53 words
      • Article
        Hendry scrapes through
        86 13 A CONTROVERSIAL decision cost Canada's Alain Robidoux the chance to evict Stephen Hendry from the World Snooker Championship at Sheffield's Crucible Theatre on Wednesday night Robidoux was level at 7-7, leading 14-9 in the 15th frame, and in prime position when referee John Street called him for
        86 words
      • Article
        Holyfield gets his way
        82 13 A NEW JERSEY judge on Wednesday ruled in favour of Evander Holyfield when he upheld an injunction that cleared the way for purse bids to proceed for a title fight with world heavyweight champion James Douglas, promoters for the number one contender announced. Judge Amos Saunders,
        82 words
      • Article
        Cipollini captures second stage
        60 13 ITALIAN rider Mario Cipollini dedicated his photo-finish victory in the second stage of the Tour of Apulia on Wednesday to his local soccer team Fiorentina which qualified for the UEFA Cup final the previous night. "I picked the right day to win," he said after completing
        60 words
  • Page 13 Advertisements
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      229 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Seme of our best advertising is by word of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585 ext
      229 words
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      Page 14 Advertisements Column 2
      293 14 oyimeG«j "UTWBRSurSXSf J THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! For starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings.
      293 words
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      Page 14 Advertisements Column 3
      213 14 presents Sngm'K Spim Enjoy the warm, mellow sound of Sugar N Spices. This tunesome foursome brings back nostalgic favourites from the 'fifties and 'sixties during Happy Hours. HAPPY HOURS: 5 pm 8 pm daily. Performance :6pm 8.30 pm Monday to Friday. Plaza Hotel SINGAPORE [wahwcoi guar al iwvitirTc~| Hrarli Kmol
      213 words
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      Page 14 Advertisements Column 4
      277 14 o hj provinces of China. Authentic treasures from jiangsu, Beijing, Yunnan, Sichuan. Guangdong and Shanghai. In a sumptuous buffet lunch. Only at the Pine Court Adah: $26+ Child below 10: $14++. j. From April 1-30, 8008 to 2.30pm. WOKMMLStwnNRM 7VHII r Lobby Excelsior Hotel Tel 338 7733 JK' Happy uy
      277 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      728 14 TELEVISION AND RADIO 1 1 SBCI2 7.50 Major Dad. Hayat Jadidah. I Li VAfl T I Oil* t.20 Friday Background (See Our 5.25 Oari Dapur Ka Dapur. DUaWK» rWf^, 1 X Cllvll Hull 7.30 PH Kttodo This docu- .P* o If. f **?V BSC, —Hi In VMF Baa' H mentary
      728 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Cannes courts East bloc
      703 15  -  Eastern Europe takes centrestage at this year's Cannes Film Festival, reports Sarah Shard Sarah Shard AFP THE Cannes Film Festival looked seriously in danger of being upstaged by Berlin this year, what with all the much-publicised antics of American film stars on the defunct Berlin wall.
      AFP  -  703 words
    • Article
      Lock icon The Eau to drop its 'naturally sparkling' claim
      314 15 NYT THE "Eau", as Perrier promotions state, is expected to be back on American store shelves next week. But the mineral water's label claims are about to change. The Federal Food and Drug Administration has ruled that the mineral water's claim to
      NYT  -  314 words
    • Article
      Ivana has no say: Trump's lawyers
      250 15 ■asbebqx DONALD TRUMP's lawyers say that because Ivana Trump has no plans to get a divorce, she is not entitled to have a court decide what she would get in the likelihood of one. The mega-rich couple has been living apart since Feb 11.
      250 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      262 15 AND ENTERTAIN Add A Little Spice To Your Secs Life. SECRETARIES' WEEK TO 25; 27 AND 2S i 9 I RESERVATIONS til ni im ext im} •l* CHARGE AND 4% CESS It's Secretaries' Week, April 23 to 28. So why not spice up your secretary's life with a visit to
      262 words
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      Page 15 Advertisements Column 2
      129 15 9-COURSE DELICACIES SMt 9 BONUS ITEMS c Sil 0% CL SP® Enjoy the following bonus items now! Free tea refreshment <2) Free-flow of stout beer Cj 1 ASSORTED COLO CUTS 5 (3) Suntax 35mm camera 2 SHARK'S FIN W/CRAB MEAT jz 3 rolls Konica 135-35 mm film gj 3 STEAMED
      129 words
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      Page 15 Advertisements Column 3
      190 15 LUNCHING AT THE CARLTON BRASSERIE AIIMWS MAKES GOOD BUSINESS SENSE. If you're looking for a superb lunch in a quiet, pleasant ambience, come for our Business Banquet. Begin with our appetizer buffet that includes fresh oysters, salmon and pate. Then choose from 4 main courses daily, with U.S. Beef Tenderloin
      190 words
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      Page 15 Advertisements Column 4
      343 15 J SECRETARIES' WEEK wet 23 27 APRIL 1990 WrA [g£9 TEE-OFF CAFE E|9 Hjl Set Menu 14.00 fl MM NISHIKI RESTAURANT MM! Set Menu $19.50 IflKI M A CHINA CHINA fl Kfl ■■r RESTAURANT m Set Menu from $48 I for 2 persons t JWPmS^sI 1 PRINCESS I I GTEKFACE
      343 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market eases despite another jump in Tokyo
      4448 16  -  By Lim Mui Khi SHARE PRICES in Singapore headed downwards yesterday despite Tokyo closing higher for the second day. Trading remained quiet and dull. Investors continued to adopt a cautious stance, and stayed on the sidelines. An outflow of foreign funds to the
      4,448 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4090 17 Main Board SIA 1380 +10 +0.7% Isetan 50* 960 +10 +1.1% Weames 680 +10 +1.5% Hong Fok 312 +8 +2.6% M Credit Wt 95 58 +6Vj +12.6% CK Tang 440 +6 +1.4% Tong Meng 238 +6 +2.6% Grand Central 234 +6 +2.6% OCBC 895 +5
    4,090 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      110 18 Ciwpmy Date Year Group Net Net earnings Gross mr to profit/loss (L) per slur* dividend ('000) (cants) RH6 Apr 18 Nov 89 MJ6.670(MS6.681) 10.7(21) UPP Apr 17 Dec 89 $2,673($3.465) 2 8(3.6) 4( Maruichi Apf 16 )an 90 M$13.157(M$11.576) 12(—) 06S Apr 12 Dec 89 $250.338($200,168) 58.1(478) 16(16)
      110 words
    • Article
      DIVIDENDS ANNOUNCED
      1309 18 Currant Ex 1Mb Oat* Tatal (ar Tatal tar payment data d*sa payaWa Mm year last yaar bntak Eng 6*TE(I) Apr 11 Apr 17 Apr 28 6%TE 61H Awno 151TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 909%(n) Apr 6 Apr 19 May 3 122 7%(ii) 72%
      1,309 words
    • Article
      PRELIMINARY RESULTS
      240 18 Company Date Yaar Group pro-tax Nat earnings Gross ann to profit/loss (L) p«r share dividend (*000) (cents) B Raya Apr 12 Dec 89 MJ11,901 (MJ6.626) 1 8(1 8) 2(1) Mulpha Intl Apr 10 Oec 89 M$20.616l(J3,165l) Tat Lee Bank Apr 7 Dec 89 $22,579c(J14,675c) 14 4(8 6a) 8(65a)
      240 words
    • Article
      INTERIM RESULTS
      57 18 Company Oat* Half-year Group pre-tax Interim ami to profit/loss (L) dividend ('000) Msian Oxy Apr 12 Mai 90 M$19.612(M$13.783) TV3 Apr 5 Feb 90 MJ16.467(MJ13.742) 8(8) Fatoer Merlin Mar 31 Dec 89 M«7.055L (S22.316L) YTl Corpn Mar 31 Dec 89 M»,581 ($5,247) Emtex Mar 30 Dec 89 M$41($523)
      57 words
    • Article
      CORPORATE DEVELOPMENTS
      305 18 April 18 Heshe Hokfengs Pte Ltd, a subsidiary of First Capital Corporation, has bought over the entire share capital of Conceptual Advertising Promotion Pte Ltd. Apr! 17 G K Goh Hokfings is offering 50 million new shares at $1 each by the end of April or early May
      305 words
    • Article
      RESULTS DUE
      710 18 Singapore Stocks Last Full Yoar Company P*»d Date Year Net EPS Grots Net murid mk| (cents) 4e proft last year (J1W) BMT Intenm Ian 27 Jun 90 169 6 100 0 516 hda Fa* Feb 28 No. 89 39 1 10.0 11.728 Uvea fate Fa* Mar 27 Dec
      710 words
    • Article
      PROPOSED ISSUES
      359 18 fompny Rights Issue Cauwway tov Capital reduction scheme to reduce par value of shares iron $1.00 to JO 60; Rtfits sac of 12 ft JO 60 per share FACE One-tor-one ft >0050 per share Fafcar Marto One-tor-one ft MSO 25 per share. Mb—d by a share swap of
      359 words
    • Article
      BONDS, LOANS & WARRANTS
      631 18 BONDS, LOANS WARRANTS Cauaaway Loan Cwwi) Nt 2/10/89 to 20/10/94 1 warrant plus $1 cadi or 1 warrant phs $1 nominal amount ot loan stock Ouan H* IWel Ohm ty W March 87 to 31/12/91 155 wan ante plus $155 cash Own N194 1/8/89 to 29/7/94 1 warrant phis $1
      631 words
    • Article
      APPROVED ISSUES
      298 18 Company Rights Issue Apofc One tor one $1 85 per share Ei-date Apr 23 Books Close May 7 Acceptance t Payment NY* AIM One tor tour MJ24C per share Ex-date Mar 8 Books dose Mar 22 Acceptance I Payment May 10 lien Hm Capital Restructuring Scheme (CRS) involving
      298 words
    • Article
      COMPANY MEETINGS
      244 18 Tonhow Industries Ltd: EGM at 90 Eunos Avenue 7, Singapore 1440 on Friday, Apr 20, at 2pm. United International Securities Limited: 20th AGM at the Board Room of United Overseas Bank Limited, 30th Storey. UO6 Building, No 1 Bonham Street Raffles Place, Singapore 0104 on Saturday. Apr 21,
      244 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      202 18 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 tlie 90s. The financial services industry was Singapore's
      202 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks lose ground for fourth consecutive day
      3649 19 MBT Bernama Reuter SHARE PRICES in Kuala Lumpur retreated for the fourth consecutive day yesterday as sellers continued to dominate the market. The KLSE Composite Index was 3.92 points lower at 546.47 while the New Straits Times Industrial Ordinary Share Index fell 10.66
      MBT; Bernama; Reuter  -  3,649 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      417 19 NOTICES COMPAMES ACT, CAP. 00 AND M THE MATTER OP ORKMNB ANTIQUES PTE LTD (fci Member*' Voluntary Liquidation NOTICE OF I HAL MEL INQ NOTICE B HEREBY QNOi that pusuant to Section 308 of the Companies Act Cap. 50 »te Final Meeting of the Mambara of the atoova naned oompanywi
      417 words
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      Page 19 Advertisements Column 2
      387 19 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO AMD IN THE MATTER Of COUNTRY fARMS EQUIPMENT (PTE) LTD (M MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Compare** Act. Chapter 90. that tha Final General Meeting of the atoovenamed Company wM ba Haw
      387 words
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      Page 19 Advertisements Column 3
      338 19 IN THE BKH COI RT OF THE REPUBLIC OF SNGAPORF COMPANIES WINDINO CP NO. 7t OF ISM IN THE MATTES OP TOE COMPANIES ACT (CAP. Ami IN THE MATTER OF BALTIC ORIENT SHIPPING PTO HP ADVERTISEMENT OF PETITION Notice 1* hereby given that a petition for the winding up of
      338 words
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      Page 19 Advertisements Column 4
      444 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER Of PAUL CORLEY DEVELOPMENT (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act, Cheptor 50, that the Final General Meeting of the abovenamed Company wN be
      444 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares surge on broad front in brisk trading
      2278 20 Reuter TOKYO share prices yesterday closed broadly higher but off their peaks for the day in brisk trading, after the yen maintained the strong gains it posted against the dollar overnight despite news on Wednesday of a 30 per cent reduction in
      Reuter  -  2,278 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market driven higher by handful of blue chips
      2607 20 Reuter INSTITUTIONAL BUYERS hunting a handful of blue chips swept the Hang Seng Index up to a third straight post-June 4 high yesterday. The blue chip indicator climbed 15.32 points to 3,067.67, driven mainly by three counters Swire, Hutchison and Cheung Kong.
      Reuter  -  2,607 words
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  • REGIONAL STOCK MARKETS
    • Aussie shares lose ground in thin trading
      • Article
        SYDNEY
        1083 21 THE AUSTRALIAN share market yesterday closed down but off its day's lows with the help of gains on the Tokyo market. But brokers said trading was thin and lacklustre. "The market hasn't done a bad day's work on the improvement in the Nikkei and the yen but interest was
        1,083 words
      • Article
        BANGKOK
        657 21 BANGKOK stocks closed mixed yesterday with sentiment about strong firstquarter earnings of finance companies moderated by the uncertain prospects faced by the cement industry. The Composite SET Index shed 0.91 point to 834.99. Turnover stood at 12.38 million shares valued at 1.55 billion baht. Siam Cement fell 80 baht
        657 words
      • Article
        WELLINGTON
        445 21 NEW ZEALAND share prices ended higher yesterday on improved turnover, with brokers viewing a possible move on state-owned Telecom of NZ by Brierley Investments as bullish. The Barclays Index closed 8.94 points higher at 1,727.61. But the impact on BlL's share price was muted as the stock gained only
        445 words
      • Article
        TAIPEI
        378 21 TAIWAN STOCKS yesterday finished lower but off their lows for the day after last-minute buying by large players. The Weighted Index, which had fallen more than 300 points, ended 163.83 points lower at 8,830.57 compared with Wednesday's 8,994.40 finish. Turnover was NTSB3.2 billion against NTJ79.9 billion. Dealers said some
        378 words
      • Article
        JAKARTA
        399 21 PRICES on the Jakarta Stock Exchange closed mixed yesterday, with the Composite Index edging up 3.37 points to 643.90. Turnover fell to 1.49 million shares from Wednesday's 2.30 million. Brokers said sentiment was bullish in the industrial sector, bringing the Jar- dine Fleming Nusantara Index up 1.48 points to
        399 words
      • Article
        MANILA
        462 21 MANILA share prices closed lower yesterday as investors shunned heavy trading until more positive price trends were established. The Manila Stock Exchange Composite Index fell 9.8S points to close at 1,084.67. The combined volume at the two bourses was 1.06 billion shares worth 127.76 million pesos compared with Wednesday's
        462 words
      • Article
        SEOUL
        881 21 SEOUL'S Composite Index fell below the 770 level yesterday as investors sold across the board mainly to clear unsettled stock transaction accounts. The index closed at 768.31, shedding 13.22 points from Wednesday's close. Turnover was a thin 136.7 billion won against 203.2 billion the previous day. "Uncleared accounts at
        881 words
      • Article
        Untitled
        90 21 CIom Prartw Apr I* Apr 18 SYDNEY All Ordinaries Index 1,495.1 1,301.2 -6.1 All Industrials Index 2,330.4 2,328.9 +1.5 All Resources Index 857.9 868.6 -10.7 Turnover (million) 75.1 65.89 +9.21 BANGKOK SET Index 834.99 835.90 -0.91 Turnover (nearest •000) 12,383 13,770 -1,387 JAKARTA Composite Index 643.90 640.53 3.37 Turnover (nearest
        90 words
      • Article
        Untitled
        340 21 la local curreno la S$ la US$ day year day year day year \pf 18 ladex chafe chaage chaage chaagt chaaft chaage World 411.6 +0.6 -11.5 +0.6 -15.4 +0.6 -14.4 fEAFE 571.8 +0.9 -16.0 +1.2 -21.0 +1.2 -20.1 Europe 436 5 -0.5 -3.1 -0.2 -2.4 -0.2 -1.3 Pacific 965.5 +2.0
        340 words
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  • WORLD STOCK MARKETS
    • Wall Street falls sharply on inflation fears
      • Article, Illustration
        NEW YORK
        1297 22 US STOCK prices fell sharply in moderate trading on Wednesday, pummelled by falling prices and rising yields in the US bond market. The Dow Jones Industrial Average closed at 2,732.88, down 32.89 points. The market opened to a slight rally but slid into a decline by mid-session. Some
        1,297 words
      • Article, Illustration
        LONDON
        844 22 LONDON share prices slumped to five-month lows by noon yesterday, depressed by Wall Street's sharp drop on Wednesday. Dealers said there was little buying interest in London after the Dow Jones Industrial Average fell 32.89 points to close at 2,732.88 on Wednesday. Analysts blamed higher interest rates in the
        844 words
      • Article
        AMSTERDAM
        351 22 DUTCH stock prices continued to slip yesterday morning as foreign bourses weighed on sentiment, dealers said. The low US dollar kept internationals down and the midsession CBS All-Share Index was also pulled down as DSM, KNP and Amro traded ex-dividend. The index was 1.4 point down at 118.8 at
        351 words
      • Article
        Untitled
        241 22 Brussels Apr 18 Francs FORWARD MARKET Acec 4750 -70 Arbed 5450 +30 Astur 1515 unch Brascan 718 +2 Canpac 678 -12 Cock 204 -I Dc Beers 748 -2 Ebes 4300 +5 Gb-lnno-Bm.. 1340 +10 Gevaert 8400 -30 Gr Bru Lamb 3975 -25 Hobok... Petro ***** -50 Ryl Dutch.... 2625 +40
        241 words
      • Article
        FRANKFURT
        201 22 WEST GERMAN shares closed 0.6 per cent lower in relatively quiet trade yesterday, seeking and finding a new base level just above 1,870 points on the DAX. The 30-share DAX Index slipped 10.89 points to 1,878.87. Trade was very slow, with professional traders largely sidelined, waiting for an indication
        201 words
      • Article
        ZURICH
        283 22 SWISS SHARES traded quietly easier at midsession yesterday after recovering slightly from early lows, dealers said. Volume was slim. The All-Share SPI Index stood at 1,066.7, five points under yesterday's close but three points above its earlier low. Bearer shares in telephone maker Ascom Holding rose 100 to 3,100
        283 words
      • Article
        JOHANNESBURG
        348 22 THE JOHANNESBURG stock market was slightly firmer at noon yesterday, led by modest gains in gold shares after an overnight rise in the bullion price to around US$377, but trading continued quiet and uncertain, dealers said. Heavyweight Vaal Reefs firmed five rand at 360 and KLoof 40 cents at
        348 words
      • Article
        PARIS
        253 22 FRENCH SHARE prices idled lower in quiet trade at midsession yesterday, depressed after recent gains by some prof-it-taking ahead of the account end on Friday, dealers said". "It's all quite natural," said one. "I would be surprised if the market recovered too much this afternoon, but I would expect
        253 words
      • Article
        MILAN
        193 22 THE MILAN market yesterday continued to consolidate recent gains as demand for blue chips slowed and volume appeared to be running lower than Wednesday's 270 billion lire. The MIB Index was down 0.9 per cent at 1000 GMT, with 45 per cent of closing prices fixed. "It's a technical
        193 words
      • Article
        Untitled
        88 22 Apr 18 Ctoe Previous NEW YORK Dow Jones 2,732.88 2,765.77 -32.89 NYSE Financial 140.29 141.78 .1.49 SAP 500 340.72 344 68 -3.96 Turnover (million) 147.1 127.0 +20.1 LONDON Financial Times 30 1,732.6 1,736.3 -3.7 FTSE 100 2,205.9 2,214.5 -8.6 Turnover (million) 352.5 254.0 +98.5 AMSTERDAM CBS General 198 60 197.60
        88 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback takes a sharp plunge on Asian forex markets
      1170 23 FOREX MARKET REPORTS THE US DOLLAR fell sharply on Asian foreign exchanges yesterday in spite of Wednesday's rally which saw the greenback crossing the 160-yen level. Dealers said the US dollar had lost its strength against the yen on the perception
      1,170 words
    • Article
      INTERBANK FOREX RATES
      387 23 Cross rates Ay USS SS MS Dm Yen SFr AS NZS US$ 1.8770 2.7270 1.6735 1 58.50 0.6099 1.4810 1.2970 1.7227 SS 0.5328 1.4529 0.8916 0.8444 0.3250 0.7890 0.6910 0.9178 MS 0.3667 68.83 0.6137 0.5812 0.2237 0.5431 0.4756 0.6317 Dm 0.5976 1.1216 1.6295 94.71 0.3645 0.8850 0.7750
      387 words
    • Article
      MONEY MARKET
      574 23 Interbank rates s$ Bid Offer Overnight 6 6 1/8 1-month 6 3/8 6 1/2 2-month 6 1/2 6 5/8 3-month 6 9/16 6 11/16 Overnight mode: 6-7/8 IS$ Bid Offer 7 days 8 5/16 8 7/16 1 month 8 3/8 8 1/2 2 months 8 7/16 8 9/16
      574 words
    • Article
      Lock icon Aussie bank rates may be cut further
      207 23 Reuter RESERVE Bank governor Bernie Fraser said further reductions in Australian retail interest rates are warranted by the recent easing in cash rates, the Australian Associated Press (AAP) reported. Bank officials could not immediately confirm Mr Fraser's statement which was made in a
      Reuter  -  207 words
    • Article
      Lock icon Dean Witter bans dual trading
      233 23 Reuter DEAN Witter Reynolds, a subsidiary of Sears, Roebuck Co, banned dual trading in commodity and financial futures by its brokers, effective April 1, sources close to the company said. The move applies to all US exchanges, they added. Dual trading allows floor brokers on
      Reuter  -  233 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1426 23 EX rmnm m Open High Low Sett Est Vol Op/Int Vol Jun 90 91.30 91.32 91.27 91.28 ***** ***** 5670 Sep 90 91.16 91.17 91.12 91.13 8301 6574 2976 Dec 9( i 90.98 91.00 90.95 90.96 1782 2474 858 Mar 9 90.84 90.87 90.83 90.82 243
      1,426 words
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  • COMMODITIES
    • Article
      Lock icon Inco nickel price will stay above LME levels
      343 24 Reuter INCO LTD will continue to price its nickel between 10 and 20 US cents above prices on the London Metal Exchange (LME), despite sinking worldwide prices, president Donald Phillips told a press conference after the annual meeting. With nickel currently trading
      Reuter  -  343 words
    • Article
      Lock icon Indon rubber faces keen Thai competition
      210 24 Reuter THAILAND may overtake Indonesia as the world's second largest producer of natural rubber in the next few years unless growers in Indonesia can raise productivity, an Indonesian agriculture ministry official warned. The official said Indonesia's natural rubber output had increased 3.1 per cent
      Reuter  -  210 words
    • Article
      Lock icon Salt mining banned in Thai region
      117 24 AFP THE Thai government has banned salt mining in a northeastern region in the wake of protests by environmentalists and villagers, officials in Bangkok said. During a Cabinet meeting on Tuesday, Prime Minister Chatichai Choonhavan ordered a ban on salt mining in the Siew
      AFP  -  117 words
    • Article
      Tin rises another 15 sen on persistent buying
      828 24 REPORTS THE Kuala Lumpur Tin Market (KLTM) continued its uptrend yesterday to close 15 sen higher at M$ 17.52 per kg on persistent buying demand. Dealers said the market is moving in tandem with the better performance on the London Metal Exchange
      828 words
  • Article
    PRICES
    1370 24 Rubber Apr 19 MS (toll IUh) Noon Close Int 1 RSS Prompt Int 1 RSS May 90 Int 1 RSS June Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP 152.75/153.75N 155.7VI56.25 158 25/158 75 151 25/153.2SN I45.7VI47.75N I4I.7V143.75N I37.2VI39.25N 152.7 VI
    1,370 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      728 24 NOTICES IN THE MATTER OP TIB COMPANIES ACT (CHAPTER M) AND IN THE MATTES OP JBM INDUSTRIAL SERVICES PTE LTD (bMqMM la Sbftpwe) (la Vehurtary UqaMatea) NOTICE IS HEREBY GIVEN that the creditors of the above Company, which la being wound up voluntarily, are required on or before 21st May,
      728 words
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      Page 24 Advertisements Column 2
      583 24 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF L F. PTE LTD (Incorporated In the Republic of Singapore) (In liquidation) (Mem bar* 1 Voluntary Wlndlng-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101-A Upper Cross Street #11-14
      583 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PACE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      942 25 ctty run et* FHM n® cut* eto gjt rro Aba DkaM SRI87 1955 UT561 2210 GA890 2240 GA976 2310 FA970 2255 lUracM PK771 0115 SQ225 2215 SQ418 1315 Mmim RJ182 1445 RJ183 2320 RA408 0930 iTYi 2TT5 Mta KIHMI MH633 1330 MH630 1000 £$3 1810 S<pf
      942 words
    • Article, Illustration
      The 'other Prince' reigns in the kitchen
      692 25  -  LETTER FROM MONACO By Penelope Hocking-Vigie Monaco's Louis XV Restaurant, the latest arrival in the world of top French gastronomy, is reserved for those who can indulge their passion for good food and wine at any price. The restaurant, which last month won
      692 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yotmliy Local dollars to oae unit of foreign cwieucy Currencies Bid Offer Australian dollar 1.4360 1.4S60 Canadian dollar 1.5980 1.6180 NZ dollar 1.*****.***** Sterling pound 3.0660 3.0860 US dollar 1.8720 1.8820 Local dollars to 100 raits of fowigi cm uicy Austrian schilling 15.50 16.50
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      78 25 T Duration Title Venue Oiyumer Tc Duration Title Venue Organiser Td Apr 21-26 International Barcelona Fena di (34)3/*****01 Apr 5-23 International Buenos Fundacion (54)1/*****65 Motorcar Business Barcelona Buenos Aires Aires El Libro and Accessories Exhibition Exhibition Apr 17-22 International Zagreb. *yeb«cfci (3*>4I/*****6 EjMtjkkxa[tiK Foire lnten*ti- (32)2/*****77 Days
      78 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      21 25 TORONTO B tcnMbonal Airport thtloilowim Aty. GUI your rrevel agent or An CmtuhU at 7J2 tiff. ABREATHOFFRESH AIR Air Canada as
      21 words
    • Advertisement
      Page 25 Advertisements Column 2
      39 25 SINGAPORE'S ONLY ColoniaL BUNGALOWS ARE MANAGED BY UDMC 1 Colombo Court #05-18/21 Singapore 0617 TEL: *****02, *****03, *****27 *****48 Ms Lim, Ms Tang, Mr Tan Mr Leong f RENTAL ONLY (NO AGENTS) a I EXECUTIVE I 1 JOBS I
      39 words
    • Advertisement
      Page 25 Advertisements Column 3
      391 25 NOTICE NOTICE IS HEREBY GIVEN that, I Tan Eng Kiat of Blk 172, Stirling Road, #09-1063, Singapore (0314), have applied for a Wholesale Liquor Shop licence in respect of premises at M/s Katsuragi Trading Pte Ltd at 10 Anson Road #02-33 International Plaza Singapore (0207), and that this application will
      391 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      310 25 1 Line taken about French, say, that's worthy of praise Hjj Hi H| j 9 She'll have no more than P° I ill two halves of mild (4) 10 In favour of directing of- j I hi 11 The doctor's paper knife |HPHH|__J|H___pilll^_ 12 A player messing about? 15 Check
      310 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      209 25 Singapore OUTLOOK: Fair Report for 24 hours prior to 7.30pm on Apr 19 at the airport: Max leap 34J 26*4 Assoc humidity 92 Hrs of sunshine 9.45 Rainfall ia mm nil Rainfall this nth 44.0 Rainy days this nth 7 Forecast for the rest of the world: Asia- Max/ M
      209 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      32 25 f I onceSf*+)^(so? y I'Du<eTo eei>|prr \S I U)WPCT *QE: Vfteov/r fun/ ON TH€. J| discussing rue. eoftgpepon?) > M-jShm' Mftp TORHep IT INTTO dpi# I PN €»o*mouS Tiding "Tw4e OP PkN gL£.Pnp\rrr....
      32 words
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  • Article
    Japan and S'pore exploring further high-tech cooperation
    387 26  -  From Loh Hui Yin in TOKYO WAYS OF furthering cooperation between Singapore and Japan on the development and training of manpower in high-technology areas was one of the topics discussed when the Trade and Industry Minister, Brigadier-General (Reservist) Lee Hsien Loong, met his
    387 words
  • Article
    Sogo rival calls Paragon price high
    275 26 JAPANESE retailer Sogo could have paid too high a price, $690 million, for The Paragon shopping complex in Orchard Road, commented one of its rivals. Still, it underlined Sogo's interest in gaining a foothold in the premier shopping belt, pointed out Kunimitsu Matsuzawa, vice-president
    275 words
  • Article
    China not likely to lose favoured status
    522 26  -  From Catherine Ong in HONGKONG CHINA'S most-favoured nation (MFN) status with the US, an issue of great concern for many foreign companies sourcing supplies from the mainland, is unlikely to be revoked when the US Congress votes on the matter within the next
    522 words
  • Article
    Vital insights into US mind gained: BG Yeo
    405 26  -  From Anna Teo in WASHINGTON THE THREE-DAY visit to Washington has given Singapore important insights into the current and possible future directions of the United States, said Brigadier-General (Res) Yeo, who is accompanying First Deputy Prime Minister Goh Chok Tong on his
    405 words
  • Article, Illustration
    Bye bye, Blackbird
    34 26 GROUNDED: An SR-71 Blackbird spy plane holds up traffic as it is towed to the museum of Aviation at Warner Robins AFB where it will become part of a static display
    34 words
  • Article
    Lock icon Estonia orders new currency to replace rouble
    346 26 Agencies ESTONIA has contracted a foreign firm to print banknotes with a face value of 100 million new krone to replace the rouble, making it the first constituent Soviet republic to produce its own currency. The independent news agency Postfactum on Wednesday quoted
    Agencies  -  346 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      167 26 '_@+>&&*@-.</~_<>^+(}/@,/>>%(._ of Dubuque MBA 4th Intake With our previous successful intake, the University of Dubuque, lowa invites applications for its prestigious MBA Program by distance learning mode. This internationally recognised American University, founded in 1852, is fully accredited by North Central Association of Colleges and Schools. Through the MBA Program,
      167 words
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      Page 26 Advertisements Column 2
      173 26 Precision V tfi- V mastery since 1775 OJsrejja&o L instant boiling z=3 water every minute of the day... y <, JUST TURTI OH THE TAP. ZIP > < OUT-DATCS URPB. NCTTLES. conrc S <T BARS AT® JUGS. MODELS TO SUIT A EVERY kitchcti omcc, PACTORY L-) HOSPITAL AT*) SCHOOL ZIP
      173 words
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  • SHIPPING TIMES
    • Article, Illustration
      CWT likely to diversify into 'clean' rooms
      361 27  -  By Suzanne Soh FULLY air-conditioned "clean" rooms are likely to be the next project for Singapore's largest private warehouse operator in the *****. CWT Distribution, which achieved a $20 million turnover last year, is projecting a 50 per cent rise for this year.
      361 words
    • Article
      Study on warehousing
      93 27 A STUDY to map out the future development of Singapore's warehousing and distribution industry is underway and should be completed by the end of the year, said Mr Alan Yeo, chairman of the Singapore Trade Development Board. Speaking at the official opening of CWT Distripark in Jurong,
      93 words
    • Article
      Trio Consortium to split into two groups next year
      322 27  -  By Jean Foong THE FIVE-MEMBER Trio consortium, which operates twice-weekly in the Far EastEurope trade, will split into two separate services from March 1 next year. British carriers Ben Line Containers and P&O Containers will then launch a weekly service while
      322 words
    • Article
      HACTL increasing rates to finance new terminal
      567 27 HONGKONG Air Cargo Terminals (HACTL) will push its rates up by 31 per cent next year after a similar increase last January. The current fee, said the South China Morning Post, represents 1.5 per cent of the total cost of air shipments to
      567 words
    • Article
      Lock icon Air France gears up for European rivalry
      304 27 Reuter FRENCH state-owned airline Air France, which this year acquired a controlling stake in the other two major French airlines, is ready to face up to European competition despite a 27 per cent fall in 1989 profit. "The link-ups will reestablish an equality
      Reuter  -  304 words
    • Article
      Recent surge in air cargo traffic to Europe
      423 27  -  By Teh Hooi Ling AIR CARGO traffic to Europe has surged ahead in recent months, helped by the fact that Eastern European countries are getting nearer to becoming market economies. Latest official figures show that in the first two months of 1990,
      423 words
    • Article
      Lock icon Japan a step closer to launch of magnet-powered vessel
      212 27 Reuter JAPANESE shipbuilders are about to take a major step towards launching the world's first vessel powered by superconducting magnets, a spokesman for the project said on Wednesday. The 30-metre long hull of the Yamato will be moved next week from
      Reuter  -  212 words
    • NEWS SUMMARY
      • Article
        Sumitomo wins double hull orders
        59 27 SUMITOMO Heavy Industries Ltd, a major Japanese shipbuilder, has won orders for six double-hull/bottom oil tankers from foreign shipowners. The order included two very large crude oil carriers (VLCCs) of more than 200,000 dwt for Norwegian and Greek shipowners, respectively. The price of the VLCC
        59 words
      • Article
        A step-by-step approach
        27 27 EUROPEAN freight forwarder Danzas believes in moving gradually into any new area. Managing Director Werner Wettstein tells more about his company's strategy Page 2
        27 words
      • Article
        Air freight or parcel?
        40 27 Thor Kjartansson, Cargolux regional director for the Americas, tells why small parcel (or integrated) carriers will not be able to dominate the regular airfreight market the way they have done in the express market Page 2
        40 words
      • Article
        Van Ommeren denies rumours
        35 27 DUTCH transport, storage and trading firm Van Ommeren Ceteco has quashed rumours that it would withdraw from trading and says it is willing to enter into partial cooperation pacts Back Page
        35 words
      • Article
        Nedlloyd expects profits to be stable
        20 27 TRANSPORT firm Nedlloyd expects this year's profits to maintain at 1989 levels Back Page
        20 words
    • LOG BOOK
      • Article
        Tokyo orders check of Airbus A-300s
        100 28 THE JAPANESE TRANSPORT Ministry on Wednesday asked the local aviation company Japan Air System to check its Airbus A-300 aircraft following a French report of potential cracks in the fuselage, ministry sources said. The report warned that some aircraft of the Airbus A-300 B2
        100 words
      • Article
        Satellite launch denied
        84 28 JAPAN'S MINISTRY OF POSTS and Telecommunications (MPT) does not plan to launch satellites in cooperation with a US firm, an MPT official said. The Japanese financial daily Nihon Keizai Shimbun reported yesterday that MPT and a subsidiary of Orion Network Systems are considering launching communications and broadcast
        84 words
      • Article
        US bomb detector for Gatwick
        96 28 THE first detector of plastic explosives to be installed by the United States in a foreign airport will be set up at London's Gatwick Airport in a few weeks. The US Federal Aviation Administration announced that it had signed an agreement with the British Airports
        96 words
      • Article
        Tonnage at New Orleans
        69 28 NEW ORLEANS HANDLED more tonnage than any other US port in the year on which figures are available, 1988, the US Army Corps of Engineers said. New Orleans handled 175.5 million tons, 20.4 million tons more than the second ranked port, New York. Louisiana's three most
        69 words
      • Article
        Record cargo for Heathrow
        78 28 A RECORD 3,497 TONNES of import air cargo were handled at the Heathrow World Cargo centre in the last week of March. This exceeds the previous record by nearly 20 tonnes and is 20 per cent above the figure in the same week last year. The
        78 words
      • Article
        Federal Express volume up
        75 28 FEDERAL EXPRESS CORP said average daily volume of express packages and documents for March 1990 rose 19 per cent over March 1989. Average daily volume in March was 1,321,727 pounds compared with 1,110,609 pounds in March 1989. For the 10 months ending March 31, average daily
        75 words
    • Article, Illustration
      A step by step approach
      625 28  -  European freight forwarder Danzas believes in moving gradually into any new area. Managing Director Werner Wettstein tells Rahita Efias more about his company's strategy. Rahita Elias Managing director of Danzas Mr Werner Wettstein, explaining his company's policy, says: "Our strategy is always to move step
      625 words
    • Article
      Integrated carriers unlikely to dominate hard cargo market
      540 28  -  Thor Kjartansson, Cargolux regional director, the Americas, explains why small parcel airlines cannot be all things to all people Thor Kjartansson LAST YEAR speculation was growing that the global expansion of the small parcel airlines would have an adverse effect on the
      540 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      526 28 Carbon Cvtoon DcmityWater Residue Ash Wumnum Sediment DeraityWater Rnkfc* Art Atoinium S«fciu«t %m7M Enon £"0fl KG/IT3%V/V t M M t MM PPM method KG/M*3% V/V f> M/M M/M PPM method BO/Cinuc krtt Spec IK 99jI"o [50 OU> 3j£ Ojj" *20.3 12.7 0 06 16 0.02 Spec
      526 words
    • Article
      THE SHIPPING GUIDE
      12481 36 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
      12,481 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        570 43 fend Voy No llgjfc Vwi Departut Keppd Wharves Astro Gold 4 K34 alongside 21 04/0700 Huanghuaquan 2 K31 alongside 20.04/0100 Shaptaeveret 2W K30 alongside 2004/0600 Trans Bay 224B C09 alongside 1904/2000 Yuheng 1 *32 alongside 2204/0630 Bang Progoti 91-OW K17 20 04/0200 20 04/1500 Jmcheng 54E K29
        570 words
      • Article
        CONTAINER SCHEDULE
        1713 43 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Transtsinef Schedules Ship Voy No Ait Date Time From To Bookinj Gate Bfc Op Gfo 'AgostmNeto 08 90C 21 04 90 0900 19/1015 19/1114 Portnet 2 Q6 00 F01 20/0400 20/0429 MA 2 JHui Bhum 16S 20.04.90 1500 19/1330 19/1429
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        IN MALAYSIAN PORTS
        276 43 Poet Klang South Port Petro Vantage berth 1; Pacific Samudra berth 3; Seng Soon chew berth 4; Berjasa berth 5; Kin Line No 1 berth 7; Mutia Hayu berth 7A; Star Eight berth S/J. KCT: Perkasa berth 8; Bunga Geiang berth 9; Kota Mesra berth 9; London
        276 words
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        DAILY FREIGHTS
        1028 43 RATES in the dry cargo freight market on Wednesday tended broadly downward despite a reported firmer fixture on the US Gulf to Japan heavy grain run, dealers said. The route was reported to have been fixed at a firmer rate of U5524.35 but said to equate to around
        1,028 words
    • Article, Illustration
      Dutch firm wants to remain independent
      197 44 DUTCH transport, storage and trading company Van Ommeren Ceteco wanted to remain independent but was willing to enter into partial cooperation pacts, chairman Willem Brouwer said. He noted there had been substantial turnover on the Amsterdam Stock Exchange in VOC share certificates in the
      197 words
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      Lock icon Van Ommeren sticks to trading despite profit fall
      387 44 Reuter DUTCH transport, storage and trading firm Van Ommeren Ceteco (VOC) said it remained committed to its trading business despite a plunge in profits, quashing rumours the firm would withdraw from trading. "I can dismiss that rumour, trading is part of our
      Reuter  -  387 words
    • Article
      Lock icon A P Moller sees $ rates affecting 1990 results
      328 44 A P Moller sees rates affecting 1990 results Reuter DANISH shipping, oil and gas group AP Moller said its 1990 business results will be greatly affected by changes in currency rates, especially swings in the value of the dollar. Container shipping saw strong competition and low rates in 1989, and
      Reuter  -  328 words
    • Article
      Sumitomo to supply equipment to Thai port
      138 44 JAPAN'S Sumitomo Corp has been awarded a tender to supply cargo handling equipment for Thailand's Laem Chabang deep-sea port. Six rail-mounted dockside gantry cranes worth 79.80 million baht will be delivered. The Port of Authority of Thailand will receive the first two cranes
      138 words
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      Lock icon Nedlloyd group expects profit to be stable
      298 44 Reuter TRANSPORT firm Koninklijke Nedlloyd Group NV said it expects its 1990 net operating profit to be around the same level as 1989 when it rose to 146.1 million guilders from 137.8 million in 1988. "Although it is difficult to give an indication
      Reuter  -  298 words
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      159 27 Sane Rem For MWUfS lIHKLV OVffiSEAS EWIX» For other reasons, said in your subscription now. 1 Please send name: Name: Address: Address: I Occupation: Occupation: Tel: Tlx/Tax: Tel: Tlx/Tax: AIRMAIL SUBSCRIPTION RATES: I I want to subscribe for months at S/US» I I I I I I enclose: Sscheque/money order
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      39 27 Your son is studying overseas. And you want him close to home with news from home. •J I*! ills glsp jpf efs&m WMMMgrnrnt TbyourpAidpab r a*ibUSßieSB r asKXMtesov^^B, The Shafts Times Weekly b like a county report #v WT'
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      Page 27 Advertisements Column 3
      160 27 SSWH HENG METAL CO PTE LTD 13 TUA3 *Vf 14. SINGAPORE MM TELEX RS 20S7ISMMCPL TEL: Ml 5855 (sfcnMl TRIFM Mi 29M xutmmK* I f |]W tortOMH Irw* I Py^T^l y(l\ II! j llfl fm-SCmm I •I*KVi /1 J Jlil BtcVK tarUft A KM toM UH i tydi ClffSttC (r
      160 words
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      100 28 NOTICES TRIO PRESS MINOUNCIRIINT THE SHIPPING CONSORTIUM TRIO (P 0 CONTAINERS LIMITED, BEN LINE CONTAINERS LIMITED, MITSUI OSK LINES, NIPPON YUSEN KAISHA AND HAPAG LLOYD), HAVE JOINTLY DECIDED TO DIVIDE THE TRIO GROUP INTO SEPARATE SERVICES AS FROM IST MARCH 1991. THEREAFTER THEY WILL CONTINUE TO CO-OPERATE WITH EACH OTHER
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      Page 28 Advertisements Column 2
      96 28 Required one 2000 DWT barge and 1200 hp tug for at least 1 year operation in Indonesian waters. Contact Tel *****29 Mr. Hendri 1 great buys in Classified Whether you're looking for a new car or pickup, trying to find new furniture or hunting for a new home, you'll discover
      96 words
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      2266 29 JARDINE SH PP NGAGCNCItS UllF# 200 Cantonment Road #12 05 Southpwnt. Singapore 0208 Cliffy t<h *****11 telex no rs ***** FCnm TERMINAL/CFS Tel *****11 220 I Gwo9 *1 BOOKINGS Tel *****34 235 LTmr M PESAKA JARDINE snipping agencies son. bho KW PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** ■VBRMHHB PENANG
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      Page 29 Advertisements Column 2
      1230 29 INDEX Pagf Col Col I A ~1 I M I ABC Containerlinc 13 5 Mac-Nels Agencies 14 1/2 Accord Shpg 8 3-5 Macolinc 14 1/2 Albalros Sea-Air 14 5 Madju Sdn Bhd 16 1/2 Alfred C Tocpfer 15 5 #MaerskLine 3 4/5 Ahrenkiel Liner 16 5 Mainfreight 15 4 APC
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      Page 29 Advertisements Column 3
      2313 29 Vessel Voy ETA I ETO 'Port 'Penang DESTINATIONS Singapore K*l«ng Thig »ee> Mar*n M Closing Tim® Fiidtr by 24/4 qiqo hRS M Farco A CFS ZV4 1800 MRS M Teuro OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MAREN M 9004 24/4 2S/4 lid 121/4 12/5
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      1204 30 ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE 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 2«/5 27/5 29/5 CITY OF EDINBURGH 89/551 3/5 28/5 22/5 24/5
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      Page 30 Advertisements Column 2
      583 30 SOUTH PACIFIC SERVICE SIN POKI LAE SUV PPT IRINI 25/4 6/5 8/5 15/5 20/5 DIRECT CHILE SERVICE SIN IQQ ANF VAP THO IRINI 25/4 29/5 1/6 4/6 6/6 Agents: SINGAPORE: *****00 BOOKINGS: *****08 mH K NORTHBOUND TO UKC I S PORE RDM/A DAM HBG HULL(U.K) TAUSALA SAMOA V.I7N 23/4 20/5
      583 words
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      Page 30 Advertisements Column 3
      1422 30 ra9MuunA un REGULAR INDEPENDENT FULL CONTAINER SERVICE I WESTBOUND FOR EUROPE VSL/VOY SIN CLM VLT PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA VLT) HAM) »0 T ARABIAN SEA 007W 20/04 24/04 07/05 11 05 12/05 14 06 16/05 18/05 19/05 20/05 21-05 22/05 NORASIA SHARJAH
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      Page 31 Advertisements Column 1
      1667 31 oiuppuig iiiursi r riuaj /ipru lOTFV SjgSteamers Maritime Holdings Ltd InEHUB Containers S'pere P Klang S tan H bur, giunnl Left ACCEPTS DUE SAILS HEIDELBERG EXPRESS IMM 20/0» OMX W OMi IMS U« CARGO <■*"* IW 1W 0M» 1M» #7« \iK MERCURY PEARL VO3E Kuch. Bint Miri Duly In Port
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      Page 31 Advertisements Column 2
      1803 31 TO: EUROPE TO: FAR EAST SP LM ROM HAM B'HVN FIX SPORE HK KAO KOB BU HANJIN TONGHAE 0/JW 21/4 »/5 10/5 U/S 13/5 14/5 HANJIN LEHAVRE OOtE Z3/4 26/4 27/4 30/4 3/5 HANJIN ROTTERDAM 00SW 21/4 16/5 17/5 11/5 20/5 21/5 HANJIN FELIXSTOWE 001E 30/4 3/5 4/5 7/5 10«
      1,803 words
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      Page 31 Advertisements Column 3
      351 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I VESSEL ASEAN ASIAN COSMIC TRADER STAR PIONEER VOY NO 1 112 5 Spore 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 S«nboku Kashima Funabashi •For Discharging Only NOTE: ALSO CALLING
      351 words
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      633 32 A Joint Europe Some* 01: P.T. IMKMTI Um M. KSllll LLOYD f.T. MMMEM INDONESIA P.T. TMKORA LLOYD CR NBR **********0-0 EXPRESS SENII-CQNTAINERSHIP SERVICE VSUVOY S PORE R OAM/ H BURG BREMEN ANTWERP ADAM MATARAM/»WB »-»/4 5/6 ltyt 2/6 15/t BAAB UILAH/22W8 »ajs 2Vt 1/7 4/7 7/7 FAST TRANSIT TIME ACCEPTING
      633 words
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      Page 32 Advertisements Column 2
      778 32 HANJIN SHIPPING yy FULL CONTAINER SERVICE I S port I LeHavrt R dam H burg B'haven Fttowt FEEDER VSL SIN LINE HAUL LAX OAK HANJIN TONC HAE 073W 21/4 9/5 10/5 11/5 13/5 14/5 HANJIN LE HARVE «E 23/4 H CHEJU OfOE 11/5 M/ 5 HANJIN ROTTERDAM 00(W 28/4 16/5
      778 words
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      Page 32 Advertisements Column 3
      62 32 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, Mersin F.Y. SHAN 09/5 Alexandria, Tripoli/Lebanon F.Y. SHAN 29/5 Beirut, Lattakia, Piraeus L SHAN 10/5 Lagos, Matadi MELITA/9008W 25/4 Madras EXPRESS CONVENTIONAL SERVICE Vessel
      62 words
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      Page 32 Advertisements Column 4
      1511 32 I. ri/wTu 55 L S *5 MKT OSK TYO BAL LHV ANW ROM FLX HBC SCP I EVER GROWTH 23/4 25/4 1/5 2S/4 4* 7* |/S 11* 14/5 1/6 l»/6 ?oti a* 22* 24* 17/7 I EVER GOING 4/5 *5 10 5 11/5 14/5 IKURMUiHniMHiawI EVER GIFTED 1/5 I* 16/5
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      Page 33 Advertisements Column 1
      1682 33 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings UK/EUROPE *****19, AUST/INDIA/PAK *****18 USA-*****16, FAR EAST-*****48 Documentation: 278 7844/*****14 AW 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 (■IrDB VSiyVOY MSN PKG 9GP MOTHKK BCP urn ru RDM HAM
      1,682 words
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      Page 33 Advertisements Column 2
      1153 33 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 Tele* Numbers RS 2L3BOJRS ***** RS ***** #A Jta Mm* Mm* JOHO* BAHRU a-M- ti nttnmxi t* ma «bm -teblos- SfcTsMpwa wwn K>ati I inmir
      1,153 words
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      Page 34 Advertisements Column 1
      1059 34 llSjlißliMl VOY 'INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX OOCL FRIENDSHIP 19 23/4 24/4 26/4 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 1/5 10/5 2/6 12/6 14/6 16/6 20/6 AMBASSADOR BRIDGE 28 14/5 15/5 17/S 9/6
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      Page 34 Advertisements Column 2
      686 34 ETD SIN (tOAY) MiWV) ♦(i DAY) MENA [22/04/90 KELANC| PENANG BANGKOK JACQUELINE TWICE/WKLY BOOKING. CONTACT w ETD SIN (30AYS) (2 DAYS) f(lOAY) 22/04/90 )j Mr JQYCEJJUDY TWICF/WKIY ve BOOKING, CONTACT ETD SIN (6 DAYS) (1 DAY) (4 DAYS) 22/04/90 4— BUSAN MANILA NAGOYA SERENE/SITI TWICE/WKLY n iv>y> BOOKING, CONTACT f
      686 words
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      Page 34 Advertisements Column 3
      312 34 Contmental Pacific Shipping wr TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOH ARTEWSION SKJ SETE/RM/ANT/FLU/UK BYRON V SM In PI 2S/4 SETE^O*/ANT/au/UK ARBELA Sid SETE/RDH/ANTfFIU/UK loads Sjbah,lndonesia MULTIPORT A6ENCIES (S) YQ\ PTE. LTD. I W *****77 FAX: *****31 Vlfl/ P.K. MULTIFONT SON BHO. TEL: MUtOt TLX: MA
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      Page 34 Advertisements Column 4
      647 34 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23, Telok Aytr Stra* SINGAPORE 0104 1 TEL: ***** M (10 LINES) Fat: *****04 (CR No. MM——l STRAITS/PERSIAN GULF SERVICE: S-por* P. Kefa* Pwiani COL Of N HAVEN CotomtoVHarjchtDubai Ml Apr GOLDCN BLAB Cotomlxw Karachi/Dubai 1/1# Ma* CHINA SERVICE DAI YUN SHAN huanfpu/fuifcou
      647 words
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      Page 35 Advertisements Column 1
      1618 35 SSSgPIf PACIFIC INTERNATIONAL LINES (PTE) LTD ■■■■y g/j JfeV p,l Building, 140 CecH Street #03-00, Singapore 0106. t JAKARTA I I BANGKOK I VESSEL VOY SIN J'KT SIN I VESSEL VOY SIN BKK SM DELTA MAS ISIS 22/4 2S/4 28/4 KOTA NAQA 01N 21/4 24/4 2S/4 MAJAPAHfT 5358 24/4 2S/4
      1,618 words
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      Page 35 Advertisements Column 2
      1226 35 BENUNE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint til Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT l/ESSEL VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN ROAM LHAVRE Largs Bay 20/549 25/4 27/4 15/5 19/5 21/5 17/5 23/5 Monte Rosa* 07/548 26/4 21/5 15/5 17/5 14/5
      1,226 words
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      Page 35 Advertisements Column 3
      287 35 M MYANMA five star line (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen Bkok PAGAN VISSW 21/21 APR PATHEIN VIOIW Him Aft MYOMA YWA VI26W 21 APR/1 MAY »-2IAP* Zl-H APR MERGUI V 99* 21 APH/1 BAY DISCHC ONLY HPA-AN VI49W 2/1 HAY THE BANK LINE (A service
      287 words
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      824 38 rmgc a INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO UNITQ) KINGDOM NORTH CONTINENT EUROPE OUTBOUND I SIN I OX I BMC ROM ANT HOC UST W. ULBRICHT 4/90 01if 24/5 24/S 2*5 27/5 PANAMA SEN 2/90 U/5~ W W OM OM T WENOA SW aJT I*l I*l 1M AMERICAN
      824 words
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      Page 38 Advertisements Column 2
      1164 38 U»C COMfMIWNAI —m Vnul P KLG PNC PC laa*m tar TONGCHUAN 3*3 RottwOi«/AMn«rp YANCCHUAN 21/4 «oMar*a«/AMwarp OB* tMiCOMTAWUWVKI VMM) PKL PNC SPORE IKK HKC SHA Q4N LYC WEI HE SO 27/1 25/3 W I*4 VANG FANG KOU 125 31/3 2*3 5/4 11/4 I*4 20/4 AccapOnf FCL Cargo tar all aOm
      1,164 words
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      Page 38 Advertisements Column 3
      264 38 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANO/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR OELI INDAH 19.4.90 20.4.90 PK BALAM NASA JAYA In Port 20.4.90 PANJANG LAMPUNG JAYA In Port 22.4.90 PANJANG PINANG JAYA In Port 23.4.90 PANJAN6/PK. BALAM PERITA JAYA 28.4.90 30.4.90 PANJANG/JAKARTA ABADI JAYA 26 4.90
      264 words
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      Page 38 Advertisements Column 4
      495 38 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES [AFGHANISTAN!: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I:Diulfa. 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 VOSTOCHNY Poland,
      495 words
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      Page 38 Advertisements Column 5
      497 38 ASEAN PORTS Nrow Hock Agency Co Ltd BKK (Tel: *****80) 171 -r i PITA BHUM mw Sot 21/4 T— ME CHAIYA BHUM BSN Hon 21/4 Tlmt JIRA BHUtr OSW INd 25/4 Sot M/ 4 MAHA BHUM OS* Wod 25/4 Sat 2M MEKHANIK KURAKO 08N Fri 27/4 Mow 3^4 SHI BHUM
      497 words
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      1073 39 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CAL CTG A VSL 21/4 27/4 A VSL 24/4 30/4 (Conventional Service) ETA S PORE LOADING FOR BANGLAR PROGOTI In Pt S.KOREA/JAPAN ETA S PORE LOADING FOR A VSL 20/4 Port Suez/Port Said/Alexandra <g> hfn ft M: HA si UST MALAYSIA SHIPPING ENT.
      1,073 words
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      Page 39 Advertisements Column 2
      203 39 yagapM ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA I LOADING FOR SPORE ANCHNE T 19WB oSoS OARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAW* HOOEIOAH ABYor 2i«ve ivoe daressaiaam mombasa ojteocm ASSAB. MASSAWA HOOEIOAH Pfl MIEN HUN6~UNE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel
      203 words
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      Page 39 Advertisements Column 3
      641 39 tea.P T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPORE. INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      641 words
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      Page 39 Advertisements Column 4
      683 39 I-I'IIH BAY OF BENGAL SERVICES MADRAS CALCUTTA KSttLl WY HM lAA IM INGER RIIS 03N90 29/4 06/5 13/5 INGER RIIS 04N90 13/5 20/5 27/5 INGER RIIS 05««90 27/5 03/6 10/6 INGER RIIS 06N90 10/6 17/6 24/6 DANISH FLAG YEAR BUILD 1999 VESSELS VOY SIN CCU SIN SUPER EIGHT 02N90 30/4
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      Page 39 Advertisements Column 5
      379 39 TO AUSTRALIA/NEW ZEALAND c. vttocMc m 1m V 5 ii/j isrt in wS ANTWIPPIN W US M 7$ I*s TUT tXMtSS Hi ~~H 1M M S» Si iP L HUMC HO NA M «7 tp I*7 I*7 1* DATS TO STDNET! TO USA/CANADA VS. Smpapon N Orients CNirtntan fktUMtkta Hjntu
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      1166 40 MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPfRT TEL 221 MM TEL: (04) *****6 K K TEL: (088) *****0 TAWAU TEL: (089) *****9 KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 krivr/x KJ. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 UV /'JAKARTA TEL:
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      Page 40 Advertisements Column 2
      347 40 fKßfc BLUE STAR LME s,ngapore t I NEW ZEALAND AND T/S RJI FULLY CONTAINERISED MONTHLY SAILINGB DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCK IVT PROSPECT IKS 21 Apr U Mar Via NPI
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      Page 40 Advertisements Column 3
      1168 40 I /SKI THONG SOON LINES PTE. LTD. 151 Bras Basah Rd #01-01 Plaza By The Park S (0718) —MM Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ima Iwr Irn Iht gjj m eti |*it KIM SOON LI 16/906 21 APR
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      715 41 Vfkwv COMPANiA PERUANA 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. Penang* P. Kelang Singapore KAMALEVERETT In Pt/22 Apr 23/24 Apr THOMASEVERETT 1/2 May SHAPLAEVERETT 16/18 Hay "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
      715 words
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      Page 41 Advertisements Column 2
      679 41 FULL CONTAINER SERVICE aceopting FCL/ICL cargow to USA Ea«» West Coast, Carribtein.List Canada, HAITI Guatemala and Honduras VSL |S PORE IMAINLINER |LAX |KST |SAV [NYC |HFX A VESSEL 27/4 ZIM CALIFORNIA 24/5 2/1 V* 17/1 ZIM SINGAPORE 4/5 ZIM LIVORNO 31/5 S/t 12/» 14/1 lt/« ZIM PIRAEUS 7/5 ZIM GENOA
      679 words
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      Page 41 Advertisements Column 3
      731 41 SING KWANG HANGI SHIPPING 4 TKANSrONTATIOM (PTE) LTD I WEEKLY LCL/FCL SERVICE I VESSEL S PORE JAKARTA SURABAY/T" JENLINK 19/4 22/4 I JENWEL 13/4 16/4 ~~1 VESSEL S PORE BANGKOtTI A VESSEL 14/4 17/4 A VESSEL 21/4 24/4 DESTINATIONS ETA SINGAPORE PORT KELANG 13 APR MANILA 20 APR HONG KONG.
      731 words
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      Page 41 Advertisements Column 4
      491 41 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PELOPOR 938 21/4 24/4 PRASE TIA 87A 25/4 28/4 PELOPOR 939 28/4 01/05 PRASE TIA 89A 02/5 05/5 TANTO UTAMA 71 26/4 29/4 TANTO UTAMA 73 3/5 6/5 TANTO UTAMA 75 10/5 13/5
      491 words
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      Page 41 Advertisements Column 5
      350 41 SIM FM EAST 22/4 KEELUNG/KAOHSIUNG 22/4 BANGKOK 27/4 MANILA 21/4 JAKARTA 28/4 PORT KELANG/PENANG 23/4 BUSAN 23/4 TOKYO/YOKO/KOBE 23/4 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EBKOPE/MK 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 lltA/CAHAIA 26/4 L.A./NYC/SFO 26/4 VANCOUVER/TORONTO/MONTREAL S|N AUSTRALIA/NEW ZEALAND 26/4
      350 words
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      Page 42 Advertisements Column 1
      608 42 —o" transintra I shipping (Singapore) private tanrted Cargo bookings Tel: *****88 (5 LINES) TBN END MAY HKG, KAO, POHANG FROIH ALL UNITED KINGDOM CITIES/PORTS FROM COPENHAGEN/AARHUS FROM HAMBURG/BREMEN FROM BUSAN FROM LOS ANGELES/ALL USA IPI POINTS PLATOU PACIFIC I SHIPPING SERVICES V REGULAR FAR EAST N. AMERICA BREAK BULK SERVICE
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      Page 42 Advertisements Column 2
      202 42 VSI I DESTINATION ETA SIN PIYA BHUM 221N BANGKOK 21/4 CHAIYA BHUM 05N BANGKOK 23/4 MAHA BHUM OtN BANGKOK 25/4 SIRI BHUM 444N BANGKOK 27/4 SO ORIENT 17R CEBU. MANILA 27/4 AKA BHUM ItS CEBU. MANILA 20/4 VIRA BHUM V 72 CHITTAGONG. MONCLA 19/4 O STRENGTH 22A KARACHI. BOMBAY 23/4
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      Page 42 Advertisements Column 3
      330 42 fIPM ADKRIS BUSINESS Ipßt CORPORATION PHIUPPINE DIRECT REGULAR SERVICES TO MANILA A BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME. M.V.'DAGOHOY* 05/90 23R0 APRIL ILIGAN/BISLIG TBN IST MAY MANILA/ILIGAN TB N 10TH MAY BISLIG/MANILA general ACT CALSOURCE SHIPPING ft TRADING PTE LTD. a ROBINSON RO.
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      Page 42 Advertisements Column 4
      354 42 Y LCL/FCL SERVICE TO/FROM jk v^ KL: ALLIED-LINK SINGAPORE: 04-*****2 *****8055 778 0522(22 LINESI (SEES) V Marina Ong lwean No«Miom CMm AHc* YmMMi Yas I" Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 3010 20/04 23/04 DELTA MAS 150N/ISIS
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      Page 42 Advertisements Column 5
      166 42 «n "L om R«Y ALS PROSPERITY VOYIOW 29AM 10/05 15/06 CHOFU VOYIIW 06/06 19/05 24/05 29/05 ALS STRENGTH VOY 12W 29/05 09/06 14/06 19AJ6 Accepting FC4. lor JotiannMburg NT OM ni M KB BUS ALS STRENGTH VOYO6E 07/04 08/04 14AM 24AM 03/06 08AM ALS ENOEAVOUR VOYOQE 12AM ISAM ISAM 30AM
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      565 43 TIDES AND WEATHER TOOWS Tints (fright in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1800 1900 2000 2100 2200 2300 ft 15 IS 18 20 2.1 2.3 2.4 2.3 2.2 2.0 1.7 1.3 1.1 09 08 09
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      221 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR IJ-15/4/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 2-5/4 6-6/4 9-10/4
      221 words
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      Page 44 Advertisements Column 2
      358 44 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HKG SIN LALANOIA 31E 20/04 26/04 14/05 17/05 20/05 HYUNDAI COMMANDER 1!W 1903 2203 25*3 1204 1904 HYUNDAI CHALLENGER 33E 27/04 03/05 21/05 24/05 2705 HYUNDAI PIONEER 30*
      358 words
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      Page 44 Advertisements Column 3
      504 44 CHARTPOINT Every Saturday in Business Times |§Kji|jn| UK/CONTINENT (TRIO) a.»., *r HI^H HanWurj M Copanhatan Aartaaa, Gothontourf. Maimo Stock not* IR|n^^H S port P Kotang i ter H bur, B havon ten Lot Haltmki LARGS U> a/* w l» w 3i) U|l I|) Rottorflani :to Artwp. km*t*rtim Oato. Stock Hot«
      504 words