The Business Times, 30 April 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Monday April 30 1990 75*
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  • NEWS SUMMARY
    • 36 1 NEW ZEALAND business confidence took another battering in April with firms forecasting lower investment and declining economic activity, The National Bank of New Zealand Ltd said in a survey report.
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    • 30 1 THE WHITE government will meet with the African National Congress for the first time Wednesday, in search of ways to share power with South Africa's black majority.
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    • 31 1 SPURRED BY the success story of Sara Lee cakes, two local companies have entered into agreements to market frozen cake brands in Singapore and the region Page 2
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    • 35 1 DR WANG Kai Yuen, the MP for Bukit Timah, has been appointed chairman of the National IT Standards Committee, the body entrusted with developing information technology standards in Singapore Page 2
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    • 20 1 SOUTH-EAST Asian economies, spearheaded by Thailand, will expand by a rapid 7.2 per cent in 1990. Page 9
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    • 24 1 JAPANESE Prime Minister Toshiki Kaifu's success in avoiding new American trade sanctions has strengthened his shaky hold on power Page 10
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    • 27 1 EUROPEAN Community leaders, in harmony over German unification and support for East Europe, agreed to steer the group towards greater political integration Page 11
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    • 22 1 P Y Van reviews Friday night's SSO concert with soloist Lee Pan Hon and guest conductor Bryden Thomson.. Page 17
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    • 26 1 THE PORT of Singapore Authority will invest some $270 million in Phase II of the Brani Terminal project Shipping Times Page One
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  • MARKETS SUMMARY
    • 20 1 UNITED Industrial Corporation has raised its stake in its Singapore Land to 30.6 per cent Page 3
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    • 26 1 THE WEARNES group is continuing its aggressive move into high technology with its recent purchase of Florida-based Hollingsworth Solderless Terminal Division Page 3
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    • 39 1 STRAITS Steamship Land's prospects for further growth are bright and the property arm of the Keppel group is all set for major investments overseas, said chairman Sim Kee Boon in its latest annual report Page 3
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    • 32 1 SOUTH KOREA'S government is planning no immediate measures to prop up the country's sagging stock market, despite cries from small investors that the bourse is headed for collapse Page 4
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    • 32 1 BANK of Japan governor Yasushi Mieno plans to announce sweeping internal reforms this week to reflect changes in the domestic and international financial markets, an informed source said Page 8
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    • 29 1 CHINA'S central bank governor urged the Asian Development Bank to end its freeze on loans imposed after the June army crackdown on pro-de-mocracy protesters Page 8
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    • Article, Illustration
      28 1 Friday Change BT-MGA 735.90 +2.30 Kuala Lumpur ....Closed Hongkong 2,986.33 -23.01 Tokyo 29,584.80 +160.22 Sydney 1,456.5 -5.9 Friday Change New York 2,645.04 -31.54 London 2,106.6 -27.0
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    • 22 1 Exchange rates USS SS 1.8760 Yen (100) SSI.1788 MS SS0.6900 Money market rates Overnight 6 1/8 -1/2 3-month 6 3/4 unch
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    • 15 1 Rubber S'pore May !58.50«/kg +1.50 M'sia May closed KL Tin Turnover Closed Spot Closed
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  • 474 1  -  By Suzanne Soh THE "Golden Week", when millions of Japanese travel abroad on vacation, this year may not be all that golden for local retailers. Though dubbed "Golden Week" in Japan, it is actually a two-week period stretching from late April to the second
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  • 116 1 TEST your vocabulary. Join BTs Wordskill Contest. Winners of the contest will get a dinner treat each at I Jit our, courtesy of Shangri-La Hotel. The contest is spread over three days, starting today. Turn to Page 16 for the contest form and other details. The contest
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  • 282 1 AIM TO BE a great small nation, says First Deputy Prime Minister Goh Chok Tong in his May Day message. The challenge for Singapore in the next 25 years is to keep up its economic growth which can be
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  • 504 1 Asian Development Bank Report AFP BARRING major disturbances, the world economy will expand by 3 per cent over the next two years, according to a report by the Asian Development Bank (ADB) due for release today. Growth in the industrialised countries will slow
    AFP  -  504 words
  • 110 1 SINGAPORE BUSINESS READERS of Business Times will enjoy extra value for their money when they buy the May 3rd edition of the Republic's daily business paper. A complimentary copy of the May issue of Singapore Business, the Republic's leading business monthly, will be given
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  • 394 1  -  From Al O Labita Jr in MANILA THE MANILA-BASED Asian Development Bank (ADB) has expressed concern over the impact of labour shortage on Singapore's economy in the next two years. In its just-released 1990 Asian Development Outlook report, it says Singapore's workers shortfall
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  • 129 1 AP THE FIRST three months of Visit Malaysia Year 1990 saw an estimated one million foreign tourists, about double the 480,000 in JanuaryMarch last year. Malaysia's national news agency Bernama reported yesterday that the figure does not include Singaporeans. In 1990's first two months, 1.7 million
    AP  -  129 words
  • Page 1 Advertisements
    • 331 1 LMYI) Me<e In Wwl Germwy King of shoes MMAMtMOM. Yat Wang PU Ltd Jt. 294 Mil Fu murt BANK FIGHTING TO HOLD ITS OWN 13 THE RISE OF A YOUNG FIRM 16 MOTIVATING WITH REWARDS 16 Aircraft Schedule i_. 27 Market Reviews 22 World Stock Markets 24 Arts 19 Money
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    • 127 1 c. t."hoo 27 Tamft! M. S»a*«« 1024 Tat: *****43 *****13 #01 22 Tangfeit i»i i| CmM T«k *****47 Regional survey, Pg 9 Analysis, Pg 13 PM^>Hy The beauty of JAL's new livery is more than skin deep. Look beyond it and you'll discover a new spirit of change and a
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  • HOME NEWS
    • NEWS ROUNDUP
      • 85 2 FEW ISSUES were raised about the March Budget, but the problem of acute labour shortage in Singapore was voiced by private sector members to government officials during Saturday's Istana garden party. Playing host to about 200 prominent businessmen, professionals and academics were First Deputy Prime
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      • 70 2 "SOME PEOPLE think Singapore is run only by bureaucrats. Of course they are wrong!", said chairman of the People's Action Party (PAP), Ong Teng Cheong, on Saturday. "It is true that we need bureaucrats to implement policies laid down by the Government. But policies are shaped
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      • 74 2 TWO MORE oil companies in Singapore, Esso and Mobil Oil, reduced pump prices on Saturday night one day after Shell and Caltex cut their retail prices because of lower crude oil prices worldwide. Petrol and diesel prices at Mobil are now in line with those
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      • 23 2 TAN SIN GHEE has been appointed the Acting DirectorGeneral of Customs and Excise Department, with effect from April 23.
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      • 98 2 MORE WOMEN should enter politics and help to bring about a more politically-vibrant Singapore for the *****, said a Member of Parliament on Saturday. Dr Tan Cheng Bock (Ayer Rajah) also expressed the hope that more Singaporeans would be .willing to speak out. Dr Tan
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      • 77 2 AN 800-BED new general hospital and a specialist medical centre will be ready in four to five years' time. The hospital, located in Simei Avenue, will serve residents in Bedok and Tampines. The medical centre will be responsible for the surveillance and treatment of communicable diseases
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      • 61 2 FROM TOMORROW, housing board residents will be able to sub-let rooms in their flats without having to seek the board's permission. The monthly administrative charge paid by home-owners for renting out rooms will also be removed. But other rules and penalties for illegal sub-letting, such as
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    • 389 2  -  By Sangeeta Mulchand SPURRED BY the success story of Sara Lee pound cakes, two local companies have entered into agreements to market frozen cake brands in Singapore and the region. Seasons will manufacture and distribute Ligo frozen cakes in Asia while
      389 words
    • 312 2 DR WANG KAI YUEN, the Member of Parliament for Bukit Timah, has been appointed chairman of the National IT Standards Committee, the body entrusted with developing information technology standards in Singapore. Dr Wang, who is also director of Xerox Singapore Software Centre, will
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    • 132 2 WITH a regional marketing and support centre set up in Singapore, a division of the US aircraft-maker McDonnell Douglas is expanding its network in South-east Asia. McDonnell Douglas Information Systems Ltd (MDISL), a supplier of high performance design software for engineering and architectural applications, recently
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    • 61 2 JUBILANT Simon Law, 32, and Tan Geok Lan, 27, raa to victory at a vertical climbathon held at the 32-storey UOB building in Bonham Street yesterday. The competition, organised to promote the Omnimax movie, "To The Limit", a film about human achievements beyond endurance, was
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    • 114 2 PRIME MINISTER Lee Kuan Yew and Mrs Lee are making a part social, part working trip to Kuala Lumpur today to call on Malaysian Prime Minister Dato' Seri Dr Mahathir Mohamad. They will have lunch with Dr Mahathir and his wife, Dato' Seri Datin
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  • Page 2 Advertisements

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 517 3 THE WEARNES GROUP is continuing its aggressive move into high technology with its recent purchase of Florida-based Hollingsworth Solderless Terminal Division. Wearne Brothers announced last Friday that its 97-per-cent-owned subsidiary, Wearnes Technology (Private) Ltd, had acquired all the assets of Hollingsworth for US$5.5
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    • 334 3 MBT MALAYAN TRADERS Company Sdn Bhd, one of the oldest stockbroking firms in Malaysia, will be known as Inter-Pacific Securities Sdn Bhd from today. In a statement, the company said the change of name reflects the corporate identity of its controlling shareholders, Inter-Pacific
      MBT  -  334 words
    • 405 3 THE MALAYSIAN stock market emerged tops in South Asia in terms of price and total return (in US dollar and local currency terms) in February this year. Based on the International Finance Corp emerging market indices carried in the Financial Times,
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    • 445 3 MARKET TALK MBT ANTAH HOLDINGS' total debt has been increasing over the years as it continues to borrow to acquire new businesses and enlarge its stakes in associated companies, according to Mayban Securities. However, the stockbroking firm said that although Antah's current gearing
      MBT  -  445 words
    • 180 3 FAR EAST Levingston Shipbuilding Ltd, another listed member of the Keppel Group, plans to sell zero-de-fect products and services to face the challenge of sustaining its leading position as a rig builder. To achieve this end, it has engaged Philip Crosby Associates of the
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    • 300 3 UNITED INDUSTRIAL Corporation has raised its stake in its takeover target, Singapore Land, to 30.6 per cent. Adviser Citicorp Investment Bank announced on UlC's behalf last Saturday that wholly-owned subsidiary UIC Enterprise Pte Ltd acquired another 1.4 million Singland shares at $14.80 each last
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    • 422 3 STRAITS STEAMSHIP Land's prospects for further growth are bright and the property arm of the Keppel group is all set for major investments overseas, said chairman Sim Kee Boon in its latest annual report. He said the group "will selectively invest in housing
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  • Page 3 Advertisements
    • 166 3 i A DeLaneau and Roy Eastern: In perfect time /JBm£ss&*&,-+ iFwTd 1 tV ?tWn 1 V It is a special moment when you cradle in your hands the perfect watch. And with its beautiful lines and superb craftsmanship, a DeLaneau is truly a watch that dreams are made of. At
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  • REGIONAL COMPANY NEWS
    • 502 4 AFP SOUTH KOREA'S government is planning no immediate measures to prop up the country's sagging stock market, despite cries from small investors that the bourse is headed for collapse. Finance Minister Chung Yung-Euy's announcement on Saturday came as the market's composite index plummeted
      AFP  -  502 words
    • 193 4 AFP JAPAN'S Mazda Motor Corp will set up a joint venture in Baden, Switzerland, on June 1 to produce and sell "pressure wave superchargers" that help automobile accelerators respond quickly. The new company, named Comprex Ltd and capitalised at three million Swiss francs
      AFP  -  193 words
    • 471 4 Reuter SHARES in Elders IXL dropped to a 26-month low last Friday amid speculation that the conglomerate may be forced to sell its key brewing operations to ease the crushing debt of its parent, Harlin Holdings Ltd. "I think it is
      Reuter  -  471 words
    • 388 4 Reuter AVON PRODUCTS Inc, the US cosmetics and jewellery giant, has terminated the sale of its profitable Avon Japan unit to two Japanese firms but plans to resume talks with other bidders. The company has operated in Japan for 20 years with
      Reuter  -  388 words
    • 109 4 Bernama A LARGE Taiwan electronics firm will set up a Msl2 million plant in Pedis to produce resistors for colour televisions, Menteri Besar Dr Abdul Hamid Pawanteh said at the weekend. The firm, First Resistor Condensor Co Ltd, has a network of
      Bernama  -  109 words
    • 64 4 AFP JAPAN'S Mitsubishi Motors Corp is considering the development of a new car with Chrysler Corp in the US and the establishment of new plant in Europe, a company spokesman said on Friday. He said the company's Il-linois-based joint venture with Chrysler, known as Diamond Star
      AFP  -  64 words
  • Page 4 Advertisements
    • 150 4 m m m A Ammm PAnfinfiitmAnt 1 Lufthansa s Asian commitment. Our exclusive Business Class. v > P I J I l ~U/% laljj^^ BL i km! ITI I vL IB <M m m l -IK I Ei 1 lu A SNjo^4v' J jg* i^^BH *li ;-k s > -vtf''"
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    • 110 4 Business Times Advertisement Sales Department Y is now located at PUB Building, 111 Somerset Road, #13-06 Singapore 0923. 4 Te1:737-8800 Fax:23s-9320 Tlx: RS ***** BTAD i 4 1 Please call 737-8800 or 730.... followed by individual extensions: Kenneth Teo 5825 v Iris Lim 5826 Joe Heng 5976 Eileen Tan 5977
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  • Page 5 Advertisements
    • 125 5 "Admire a little ship, but put your cargo in a big one' —Hes i o d Riding high on the crest of the m,gh ties t wave of progress. the S Class has proved to be the flagship of a leading technology Throughout the years. it has required little change
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 94 6 A "PART-TIME" STRIKE by 11,000 Ford workers at Genk, in eastern Belgium, has cut the factory's output in half in the six weeks it has been going on, said company sources last Friday. Workers have been going to work for only four hours a day.
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      • 63 6 SWEDISH wood and paper group Stora has bought a controlling interest in West Germany's Feldmuehle Nobel AG group for 14.4 billion kronor (US$2.3 billion). Stora said last Saturday that it was helped in the acquisition by Swedish industrial and financial group Wallenberg, and that the deal made
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      • 63 6 THE FRENCH INSURANCE GROUP UAP had a 1989 consolidated net profit, group share, of 3.42 billion francs (US$6lO million), up 20 per cent from the 2.85 billion francs of 1988. The Union des Assurances de Paris group announced last Friday that consolidated turnover was 64.48
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      • 88 6 ITALIAN computer and business machine group Olivetti saw its net earnings fall sharply last year and is now talking to potential parters in Europe. It said last Friday that 1989 net profit slid 43 per cent to 202.3 billion lire (US$l65 million). The company, reporting its
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    • 201 6 NYT WEST POINT-Peppsrell Inc has disclosed that the US federal Trade Commission has begun investigating whether it complied with the yS government's order to divest itself of certain assets of J P Stevens Co, when West Point acquired the rival textile company for US$l.2 billion in
      NYT  -  201 words
    • 430 6 NYT A US ADMINISTRATIVE law judge has barred Meyer Blinder from the securities business for life, although Mr Blinder, who was the head of America's best-known penny stock brokerage, can appeal the ban in two years. Brenda Murray,
      NYT  -  430 words
    • 480 6 NYT MIKE MILKEN is a crook. That he now admits. But is he also a poor investor? Evidence of that emerged last week when Richard Breeder!, the chairman of the US Securities and Exchange Commission, bemoaned the fact that the US$7OO million in
      NYT  -  480 words
    • 275 6 AFP THE FRENCH government has pledged to push through a Bill to change the status of the state-owned Renault vehicle group, which is needed to carry out a February cooperation agreement with the Swedish firm Volvo. The Bill would transform
      AFP  -  275 words
    • 193 6 Reuter AMERICAN TYCOON Donald Trump may be worth only US$5OO million, in part because of heavy debt, Forbes magazine reported on Saturday. f The magazine's profile of the New York developer's net worth is far below the US$l.7 billion it estimated in 1989. Its US$5OO
      Reuter  -  193 words
  • Page 6 Advertisements
    • 124 6 As part of the SAS's commitment to Tel: *****11 (Ticketing/Reservations); In fact, we'll stop at nothing to make your Call in at SAS's new office, Gateway East, better service, we will be at our smart *****88 (Sales). journey as simple and pleasant as possible. We'll be there, waiting to serve
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  • Page 7 Advertisements

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 95 8 BANK of New England Corp on Friday announced a loss of U5546.6 million for the quarter ended March 31, compared with a profit of U5542.3 million, or 60 cents a share, in the corresponding period a year ago. The company, which lost US$l.l billion in
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      • 77 8 THE Belgian National Bank on Friday lowered interest on its three-month treasury bills, Belgium's key lending rate, from 10.20 to 10.05 per cent. It lowered by the same margins its one and two-month rates to 9.8? and 9.95 per cent respectively. The cuts were the second
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      • 58 8 THE Federated States of Micronesia became the 49th member of the Asian Development Bank (ADB). Micronesia's membership became effective as of April 26 upon completion of all formalities including the payment of the first installment of its subscription to the ADB's capital stock in the form of
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    • 260 8 AFP BANK of Japan governor Yasushi Mieno plans to announce sweeping internal reforms this week to reflect changes in the domestic and international financial markets, an informed source said. The changes within the central bank, which has not been reorganised for seven years,
      AFP  -  260 words
    • 178 8 Citicorp disappointed over S P rating WORRIES about the quality of real estate and takeover loans reached America's largest bank as Citicorp had its credit rating lowered by a major rating agency. Standard and Poor's Corp on Thursday downgraded about US$3O billion in credit of Citicorp. The move comes one
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    • 420 8 AP CHINA'S central bank governor urged the Asian Development Bank to end its freeze on loans imposed after the June army crackdown on pro-democracy protesters. Li Guixian, head of the People's Bank of China, left on Saturday for New Delhi to attend the ADB's
      AP  -  420 words
    • 156 8 TWO TOP EXECUTIVES of United Overseas Bank have been appointed directors and members of the executive committee of directors of United Overseas Finance. They are Mr Ernest Wong, 44, president, and Mr Wee Ee Cheong, 37, deputy president of UOB. Mr Wong, who joined
      156 words
    • 334 8 AFP MAJOR industrialised nations have agreed to fill a US$467 million shortfall in external financing over the next two years for six Caribbean nations, the World Bank said. At the end of a five-day meeting of its Caribbean Group for Cooperation in Economic
      AFP  -  334 words
  • Page 8 Advertisements
    • 1205 8 1989 CONSOLIDATED FINANCIAL STATEMENTS (In militant of Canadian dollars) Consolidated Statement of Assets and UabMWes ConeoHdeted Statement of Income Wm as at October 31 vr October 31 1988 i## lw> i excluding leases 16.986 > Mil CMhft*Murcw Income from least financing 49 M Cash and deposits with Bank of Canada
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  • Page 8 Miscellaneous
    • 33 8 I MVflP* 1-^ "Let me see if I've got this straight—from '61 to '67 you plied your trade, from '67 to '73 you practiced your craft and since then you've tended your garden."
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  • THE REGION
    • 393 9 Reuter SOUTH-EAST Asian economies, spearheaded by Thailand, will expand by a rapid 7.2 per cent in 1990, outpacing the four Asian 'Tigers' that set economic trends in the 1980s, the Asian Development Bank says. The 'Tigers' South Korea, Taiwan, Singapore and Hongkong
      Reuter  -  393 words
    • 167 9 ABOUT one-third of Thai furniture exports, worth more than 2 billion bahts annually, will be hit by the US Senate's decision last week to pass anti-Burma legislation, the Bangkok daily The Nation has reported. The proposed law, which is now being considered by
      167 words
    • 337 9 Bernama MALAYSIA is already standing "shoulder to shoulder" with some of the newly industrialising economies (NIEs) in terms of levels of income, using purchasing power parity (PPP) comparisons, the Pacific Economic Co-operation Committee (PECC) said in a report. The PECC has used
      Bernama  -  337 words
    • NOTE BOOK
      • 87 9 PHILIPPINE Finance Secretary Jesus Estanislao has announced a series of fiscal measures aimed at reducing the country's giant deficit and called for the measures to be implemented immediately. Delaying the steps would reduce the economic growth rate to 3.3 per oent and push inflation, interest
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      • 56 9 PRESIDENT Corazon Aquino yesterday said the communist insurgency in the Philippines was headed for collapse and called on the guerillas to surrender. "The signals are clear. We are seeing here the telltale signs of a moribund movement, an organisation that has lost its cause," Mrs Aquino
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      • 80 9 MALAYSIAN Deputy Prime Minister Ghafar Baba has criticised opposition parties which have all this while not given constructive views that benefit the people. He said they only survived on the mistakes of the Barisan Nasional (BN) and not on their own ideas. Speaking to reporters after
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      • 111 9 THE MCA will consider swapping seats with Barisan Nasional component parties for the next general election if there are such proposals, said its deputy president, Datuk Lee Kim Sai. So far, there had been no formal proposals, he told reporters after launching national-level Vesak celebrations at the
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    • 214 9 Reuter JAPAN will stage peace talks between the two key Cambodian figures in Tokyo in the first week of June, Japanese Premier Toshiki Kaifu was quoted as saying on Sunday. Mr Kaifu agreed on the timing in talks with Thai
      Reuter  -  214 words
    • 258 9 Reuter THE PHILIPPINES may be forced to build a nuclear plant after deciding to mothball one in 1986, the head of the National Power Corporation (Napcor) said yesterday. In a newspaper interview, Mr Ernesto Aboitiz said power cuts would last until the end of
      Reuter  -  258 words
  • Page 9 Advertisements
    • 281 9 Canon kImX Canon adds such Svnsslocksto text and graphics 111 l I c r r, »f^, f i at sucfci prices./ Ol K \V\\ k c fc. VO\ •••'•.'"•<•• -w. YV C(n r./; Simple in design and operation, yet so *X" sophisticated in capability. That's the standard of V .7
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  • THE WORLD 1
    • 506 10 Reuter, AP JAPANESE Prime Minister Toshiki Kaifu's success in avoiding new US trade sanctions has strengthened his shaky hold on power but also commits him to possibly painful economic reforms, say political analysts in Tokyo. Their comments followed an announcement by US President
      Reuter,; AP  -  506 words
    • 208 10 Reuter ANGRY WORKERS evicted from South Korea's biggest shipyard yesterday waged hit-and-run battles with riot police, crippling business in the south-eastern port of Ulsan. About 2,000 workers driven from the shipyard in a police assault last Saturday hurled stones and petrol bombs in nearby streets in
      Reuter  -  208 words
    • 247 10 AP TOP INDIAN businessmen have sharply criticised the US for targeting India for unfair trade practices. US President George Bush on Friday left India as the only country still cited under a 1988 law that provides for economic sanctions if trade barriers
      AP  -  247 words
    • 41 10 Several children played with a giant balloon holding a replica of a human embryo at a Washington anti-abortion rally last Saturday. More than 60,000 people gathered to hear a speech, via telephone hook-up, by President George Bush.
      41 words
    • 275 10 Agencies INDIAN Prime Minister V P Singh has ruled out talks with Pakistan, accusing it of arming and funding secessionist elements in India. Mr V P Singh, quoted by the Press Trust of India (PTI) on Saturday, said that Pakistan had moved its army closer to
      Agencies  -  275 words
    • 278 10 NYT JAPAN'S Finance Ministry has decided to strengthen regulations that require the country's companies to report business transactions with other companies within their corporate groups, according to ministry sources. Close-knit business ties between companies within the same group have been criticised by the
      NYT  -  278 words
    • 266 10 AFP STEEL TUBES ordered by Iraq from two British companies were for a research programme aimed at developing long-range ballistic missiles and a satellite launcher, says The Independent. The British newspaper, citing Western and Arab sources, said the eight steel
      AFP  -  266 words
    • WORLD WATCH
      • 84 12 DRUG TRAFFICKERS launder US$35O billion a year worldwide and Hongkong is one of their favourite places to do it, says an Interpol official. Gerald Mobius, a West German expert on the international narcotics trade, told an Argentinian newspaper last Saturday that in the
        84 words
      • 80 12 THE 41st "Sicob" computer, communications and office automation show closed in Paris last Saturday with a score of nearly 142,000 trade visitors and "excellent" prospects, said organisers. They expressed optimism about the future in spite of the absence from this year's show of such
        80 words
      • 107 12 SPEECHES by officials of the African National Congress last week presenting nationalisation as a last resort suggest a shift in emphasis by the South African black nationalist movement to alleviate fears of the business community and foreign investors, say observers in Johannesburg. Massive multinational conglomerate Anglo
        107 words
      • 74 12 HURT BY sluggish exports and expanding imports, South Korea's current account showed a deficit of US$44B million last month, the Bank of Korea reported last Saturday. It was a sharp contrast to the surplus of US$453 million logged a year ago. The central bank said it
        74 words
      • 132 12 BRAZILIAN PRESIDENT Fernando Collor de Mello's six-week-old economic plan has shocked the rich, but the poor welcome the relief it has brought from record 4,854 per cent inflation. "I hadn't eaten meat in so long, I'd forgotten what it tasted like. Now I can afford
        132 words
    • 347 12 Reuter, NYT EUROPEAN Community leaders, in harmony over German unification and support for East Europe, have agreed to steer the group towards greater political integration. But British Prime Minister Margaret Thatcher, while backing a plan to ask EC foreign ministers to study areas for
      Reuter,; NYT  -  347 words
    • 180 12 AFP SOVIET President Mikhail Gorbachev is to hold talks with other top Soviet leaders "between May 10 and May 15" to make final decisions on the direction of the country's economic reform programme. Arkadi Maslennikov, a spokesman for the Soviet leader, said
      AFP  -  180 words
    • 41 12 Getting to the church on time proved to be a problem for this bride, who had to wade through a large crowd of cheering anti-government demonstrators part of a 5,000-strong rally at Bucharest's University Square last Saturday.
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    • 212 12 AFP THE US has leased two supercomputers to Saudi Arabia's oil industry, but is blocking the sale of the modem machines to Israel due to fears that they might be put to military use, say sources in Washington. US officials who asked
      AFP  -  212 words
    • 261 12 Reuter TAIWAN will probably begin its first direct commercial flights to China by September, says a group of Taiwanese airline executives. Robert Tseng, spokesman for the visiting group, said in Beijing last Saturday that talks with Chinese officials, currently underway, would
      Reuter  -  261 words
  • Page 10 Advertisements
    • 711 10 v The First Canadian Bank Qq Bank of Montreal IHHH 129, St James Street, Montreal, Quebec H2Y IL6, Canada STATEMENT OF ACCOUNTS FOR YEAR ENDED 31 OCTOBER 1989 Note: All figures quoted in Canadian dollars (thousands) ANNUAL FINANCIAL STATEMENTS FOR THEYEAR^DED^TOBERsf^IS CONSOUDATED STATEMENT OF ASSETS AND LIABILITIES FO R E
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  • Page 11 Advertisements
    • 80 11 Dustiness 1 IIUC3, lTluuH*} ra|WM SINGAPORE. PICKING UP THE AWARDS FOR THE THIRD YEAR RUHHIHG. Singapore wins again Best Seaport in Asia, It's a great vote of confidence Best Warehouse Operator, in Singapore,the worlds busiest port and Best Seaport Terminal Operator that handles more than 38,000 vessels in the 1990
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  • Page 12 Advertisements
    • 118 12 q Wp* 2 4 0 G I. E I 111 SIM ()l /I KO 1)1 I I IS,. W O! k. \llll Mil lit.' .It I know 9 it .ill C .ill it ncri!\. \t thcciul ot the da\ it all.uUN up v|ii.ilit W lndi. w lien \ou think about
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  • ANALYSIS
    • 934 13  -  Japan's premier financial institution, the Bank of Tokyo, now fights for its life in the face of increasing competition from other aggressive Japanese banks and the winds of deregulation, writes James Sterngold. James Sterngold NYT AS JAPAN'S long-time financial ambassador to
      NYT  -  934 words
    • 1146 13 The Asian Development Bank takes the pulse of Asian-Pacific economies Agencies ECONOMIC uncertainty in South Korea, stable growth in Taiwan, the urgency of reforms in the Philippines, and modest growth in the Indian subcontinent are some of the broad observations made by the Asian
      Agencies  -  1,146 words
    • 757 13 ASIA could be crowded out in the competition for financing and trade as Eastern Europe enters the international arena. And the ADB is saying that the scheduled integration of the European Community (EC) in 1992 will pose risks as well as opportunities
      757 words
  • Page 13 Advertisements
    • 96 13 A Welcome. Bufkt Bteaklasb can wake up to sumptuous I International Buffet Breakfast. \3jmf*l This special gesture exclusive to guests checking into w our rooms and suites. And that's not all. At *MtjjHfl Harbour View Dai-Ichi Hotel, you can be assured of optimum luxury comfort. All our 420 rooms/suites are
      96 words
  • Page 13 Miscellaneous
    • 40 13 Doonesbury by garry trudeau //7| tUHYPOffryOU GOOPIPEA. VINLMNGM&IOfVOF 1 1 COMFOSBMt IST Me /W UPrNOJIT.COM- MOW THB&SA I, OUN EPITAPH DtCTAJB HUNTYI&BK.CON- I OZTAHAi BACKLOG. SQME7WMS SCFWOKMST, AUTHOR, I r tUTTHTHtS* 7H&N&ER I QUIT* WWU... AK7TST,OCM*CM»t: J j i £HKX.
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  • Page 14 Advertisements
    • 58 14 ONCE AGAIN WE'RE PUTTING SINGAPORE ON THE CIRCUIT. i ggja Because from 30th April to 6th May, Epson is sponsoring the Singapore leg of this prestigious event. EPSON Featuring top ranked players from all over the world at the Kallang Tennis Centre. Don't miss this smashing programme. EPSON SINGAPORE PTE
      58 words

  • SPORTS
    • 448 15  -  By A Surendren ONCE AGAIN, it is dollar day at the Kallang Tennis Centre for the Epson Singapore Super Tennis tournament, starting today. And organisers Australian Sports Marketing have really packed full value into today's schedule of events. The talented line-up for the men's tournament
      448 words
    • 266 15 AFP EXPERIENCE and a good right hand were all Thomas Hearns needed to win a unanimous 12-round decision over Michael Olajide in Atlantic City on Saturday and retain his World Boxing Organisation super middleweight crown. Hearns, who had not fought since his
      AFP  -  266 words
    • 212 15 FIFTY-SEVEN CARS went round eight car parks in various parts of the island in the Mobil Yokohama Tour de Singapore Rally yesterday. At each of the eight car parks chosen, the drivers of these cars had to take part in the special stages. According to
      212 words
    • 285 15 AFP DAVID FROST used a hot putter and turned a quick start into a six-under-par 66 on Saturday and grabbed a one-shot lead after three rounds of the US$l million New Orleans Golf Classic. The 30-year-old South African improved to nine under
      AFP  -  285 words
    • SIDE LINES
      • 125 15 JOHN TUDOR allowed five hits in seven innings to continue his strong comeback, leading St Louis past San Francisco 5-0 on Saturday. Tudor (4-0) has allowed three runs and 19 hits in 28 innings. He pitched only 14 1-3 innings for Los Angeles last season following
        125 words
      • 103 15 THE Boston Celtics and Detroit Pistons both took 2-0 leads in their best-of-5 opening-round series with home court victories on Saturday. Boston set single-game National Basketball Association playoff records for scoring and shooting accuracy in a 157-128 rout of the New York Knicks, while Bill Laimbeer led
        103 words
      • 127 15 STEVE BARCLAY, whose dream of starting his first Indianapolis 500 became a tale of broken bones and a wrecked car, was showing improvement on Saturday. Barclay, 45, suffered a concussion, broken right arm, broken wrist, broken left collarbone and broken ribs after losing control of his race car
        127 words
      • 65 15 AUCKLAND took an iron grip of the South Pacific rugby championship series yesterday with an emphatic 55-13 win over New South Wales at Eden Park in New Zealand. With one round remaining in the championship and with 16 points in the table, only an unlikely defeat by
        65 words
      • 53 15 TOP-SEEDED Ramesh Krishnan of India, defending against net rushes with crisp passing shots, beat second-seeded Brian Garrow of the US 6-2, 6-4 yesterday and won the men's singles title in the Dunlop Masters Tennis Tournament in Nagoya. It was the second consecutive year that Krishnan had
        53 words
  • Page 15 Advertisements
    • 75 15 MEN'S TENNIS ACTION STARTS MONDAY •WVv V> ->'i 7 v\\J\A A A.S.M. presents $250,000 Kallang Tennis Centre t (Stadium Road opp KFC) t WSi- jßk- •>*> Matches daily from 4pm late night JjJ l i i Cpjjjtogg^"\ P |a y ers from 15countries Tuesday to Thursday $10 Excellent seating,' catering
      75 words

  • FOCUS
    • 1030 16  -  ENTERPRISE MANAGEMENT EDITED BY CHUANG PECK MiNG From just one company, an enterprising young man has managed to create 13 more. And all accomplished in just five short years. Lilian Ang reports. Lilian Ang IT IS THE typical success story. A harddriving
      1,030 words
    • 425 16  -  SPOTLIGHT ON MANAGEMENT By Tan Tiong Liat Tan Tiong Liat is a senior consulting manager at Ernst Young Consultants Pte Ltd. Employee incentives refer to the rewards employees get for exceptional performance. Often, they take the form of money and promotions. Many attempts have
      425 words
    • 442 16 FT WITH MORE WOMEN entering the US labour market, family matters are assuming more importance at the workplace. Many companies, fearing the loss of good employees, are responding with work and family programmes. Three such programmes were honoured recently at the 15th annual awards dinner
      FT  -  442 words
    • 304 16 Seminars and courses May 3 4 Working Capital Management SIM Management Singapore Institute *****66 for Entrepreneurs House of Management and Managers May 4 Monitoring and Predicting NUS, Executive National *****38 Singapore Business Conference University of Climate Room B Singapore May 4 Effective Customer RELC Executive's Desk *****15 Relations May
      304 words
  • Page 16 Advertisements
    • 301 16 Business Times WQRDSKILL Test your skill and win yourself one of ten $200 Dinners at RESTAURANT Latour A contest form will appear for 3 days in succession, from Monday, April 30, 1990 to Wednesday, May 2,1990. All you have to do is fill in the missing words from Day 1
      301 words
    • 31 16 Management Consultancy S|# I I I T r Seminars And Training Kill I Jo*fL Business Assistance It I L L I L l\ Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
      31 words

  • THE ARTS 1
    • 672 17  -  P Y Van reviews Friday night's SSO concert with soloist Lee Pan Hon and guest conductor Bryden Thomson P Y Van SINGAPORE-born Lee Pan Hon, currently leader of Manchester's Halle Orchestra, was given a warm welcome home when he appeared on the VCH stage on
      672 words
    • 980 19  -  Conductors today are needed not just to provide artistic stability but to help their organisations project a saleable image in the musical marketplace. John Rockwell reports. John Rockwell NYT OVER the past year and a half, from Zubin Mehta's announcement of his resignation as
      NYT  -  980 words
  • Page 17 Advertisements
    • 1553 17 j I I /llfestnac Banking Corporation I I B Asian Oivtsiun H' l I STATEMENT OF ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 1989 I I B I Westpac Banking Corporation Group (All figures quoted in Australian dollars) B <;«■**■• Manager H,'- Consolidated Balance Sheet at 30 September 1989 Operating profit
      1,553 words

  • Page 18 Advertisements
    • 245 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by word-of-mouth. -'"j V; For outstanding haute cuisinc in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. *****100r 338 8585ext *****/6. i
      245 words
    • 257 18 DIAN XIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-vou-can-eat for only 16.80* per person. Lunch Hours: 11 30am 2.30pm hyatt Regency© Sivjgapore 1" 12 Scuts k. >jkl suiicjpure (WiJ ItH ******* iiast Meets West Buffet Lunch: 12pm to 3pm Dinner: 6.30pm to 9.30pm |(§Sw^ Child (under 12):
      257 words
    • 228 18 CjixaJtj a 4 j Sp> r^ J 1 Our S.E.A. Buffet April 1 30 Lunch or Dinner Adults: $16.00 Children below 12: $10.00++ c Plaza Hojej, rmza IM3M^ CdTCy Amidst elegant setting, dine on a *f) rr. wide variety of local and InternaS4lad(tin tlonal specialities like Pepper Steak, Chicken Rice
      228 words
    • 282 18 SAVOUR SPAIN An all consuming passion for Spain sweeps into The sjg Belvedere this month It's an extraordinary spread to be relished and savoured, along with specially imported Spanish wines The Belvederes Spanish Buffet It's worth fighting a bull to get to. Spanish Buffet Lunch 1 30 April "90 Noon
      282 words
  • Page 18 Miscellaneous
    • 656 18 TELEVISION AND RADIO i—— win in minium -mrm 1 ih««.ih .r- m W «wwwe**we« mw«e e* e *********e^ 1 II" rY| ,J# tfc. IH. 1.30 Malay M«vic Bujang Sela- BUSINESS RADIO w hpfP I POITIP MS Eta (last <p> m i* BUSINESS ON RUM Diuduwa), iicic x vajiiie; 7.3.zzsprjFz. saMr*
      656 words

  • Page 19 Advertisements
    • 199 19 AND ENTERTAIN Set Your Heart On Our Set Meals. LUNCH t \t 2 StfaSC 'k_r- I PfR pfRSON W'\ DINNER t JCPM TO I ■pSPi t, IC JOPM $16 SC-» ;mff PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday,
      199 words
    • 113 19 "Sizzling, Mouth' Watering Steak Awaits You At Jack's Miramar" Ik Succumb to it! Amidst cozy atmosphere, savour tender juicy steak, prepared the way only Jack's Place Knows best. And at prices that are value for your money. Located conveniently just outside CBD with sheltered multi storey car park. ]PHH[ JackjsSMo
      113 words
    • 248 19 LUNCHING AT Ttffi CARLTON BRASSERIE ALWAYS 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
      248 words
    • 337 19 TRADITIONAL Cantonese i CUISINE u •> BEST HONG KONG DIAN XIN IN TOWN chwaCWnaßbstauramt J Maiwa Bay Golf Country (Xm L V A 2 6 Marina Green Singapore owl for Reservations Please Call aiwi. TIENGOURT* I I SICHUAN CUISINE For a Wealth of Exotic I Sichuan Delights! I Whether it's
      337 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4247 20  -  By Lim Mui Khi TRADING on the local market was sluggish last week, with little interest from investors. Market observers are of the belief that more of the same is expected this week, with the Tokyo and Malaysian markets closed on a few
      4,247 words

  • 3846 21 Main Board Shangri-La 995 >15 +1.5% Spore Bus 500 620 +10 +16% Eu Yan Sang 490 +10 +2.1% Roch Inds 50* 334 +10 +3.1% Inno-Pacific 128 +10 +8.5% Parkway H 50* 334 8 2.5% FELSWt 287 +8 +2.9% UE 215 +5 +2.4% Spore Fodder 175
    3,846 words

  • MARKET REVIEWS
    • 1098 22 DBS Securities SHARE PRICES dropped sharply during the past week due to a lack of buying interest, pushing the main barometer below the psychological barrier of 3,000 points on Friday. At the end of the week's trading, the Hang Seng Index had shed
      DBS Securities  -  1,098 words
    • 236 22 SYDMPY AFP FALLS on Wall Street caused by rising US interest rates drove down Australian stock prices during the week, brokers said on Friday. The main market indicator, the All Ordinaries Index, tumbled 34.9 points to end the week at 1,456.5.
      AFP  -  236 words
    • 205 22 AFP PRICES on the Jakarta Stock Exchange (JSE) eased slightly ahead of a three-day break which began last Wednesday to mark the end of Ramadan, the Muslim fasting month. The JSE Index closed on Tuesday at 638.798, down 0.45 per cent on the previous week's
      AFP  -  205 words
    • 434 22 AFP JAPANESE share prices fell in dull and directionless trading last week as investors took a wait-and-see attitude ahead of the holiday-studded "Golden Week" starting today. The Tokyo Stock Exchange's key index, the Nikkei Stock Average of 225 blue chips listed on
      AFP  -  434 words
    • 748 22 FT BTR's loss last week was Wall Street's gain. The withdrawal of the British company's bid for Norton, the US abrasives group, in the face of a far higher offer from SaintGobain of France, helped steady Wall Street's nerves, at least briefly after
      FT  -  748 words
    • 863 22  -  LONDON By Ray Heath THE FLAME of faith in share prices in London is beginning to flicker and fade. The longer-term focus which had been sustaining many of the bulls has now switched to the much more immediate problems facing the economy,
      863 words
  • Page 22 Advertisements
    • 293 22 LOST CERTIFICATES The following certificates have been reported lost, mislaid or destroyed Name of Company Certificate Nos. In the Name of llo > 'oV^!«res Electro Magnetic (S) Ltd A *****95/9 Tan Khay Tong, Mr 5x1,000 Malayan Credit Limited A *****13 Ng Mooi Eng. Mdm 1 x 333 *****786 Chew Ah
      293 words
    • 77 22 MADERA (SINGAPORE) PTE LTD (In Voluntary Liquidation) NOTICE ISKEREBYOIVEN pursuant to Section 30«< 2) of the Companies Act. Cap. SO that the Final Meeting of Members of the abovenamed Company will be held at the Offices of Messrs Ernst 4 Young, 10 Collyer Quay #21-01. Ocean Building. Singapore 0104 on
      77 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3814 23 MBT THE Kuala Lumpur stock market remained on the downtrend in a holidayshortened week as last Wednesday's recovery failed to offset earlier losses. But business picked up somewhat, with fresh buying seen in a number of counters. Selected industrial, property and financial issues managed to
      MBT  -  3,814 words
  • Page 23 Advertisements
    • 515 23 II IF 1 I Keppel Finance Limited I (Incorporated in the Republic of Singapore) H I NOTICE OF EXTRAORDINARY I I GENERAL MEETING I I NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the shareholders of the Company will be held at the Board Room of Keppel Corporation
      515 words

  • WORLD STOCK MARKETS
    • Firm bond yields send Wall Street lower
      • Article, Illustration
        1190 24 A MILDER-than-expected US gross national product report provided Wall Street stocks with an opening lift on Friday, but prices soon wilted under the pressure of firm bond yields. Traders said some stock sales may have been related to end-of-the-month asset allocation shifts. "Bonds are up to a point
        1,190 words
      • 348 24 Other markets in Europe, South Africa and Canada Amsterdam Apr 27 Fls ABN 38.6 -1.2 Aegon 120.0 -0.5 Ahold 130.6 -2.4 Akzo 118.3 -14 Alrenta 154.0 unch AMEV 54.9 -1.3 AMRO 74.2 -2.1 Ass. Stad 45.70 -0.8 BOLS 172.0 -4.5 Borsumy 78.0 -2 Buehrman Tetterode 63.4 -1 CSM 79.6 -2.6
        348 words
      • Article, Illustration
        791 24 LONDON share prices fell sharply on Friday, depressed by disappointing US economic figures. Wall Street and London were hurt by the release of US gross national product Figures that showed a lower-than-expected growth rate and a higher-than-expected inflation measure for the first quarter. "Market-makers didn't want to be stuck
        791 words
      • 306 24 GERMAN share prices on Friday ended a thin session with no clear overall direction, rounding off a week of weakness on concern over the impact of monetary union and the threat of industrial action, dealers said. The 30-share DAX Index recovered to finish down a modest 1.55 points at
        306 words
      • 283 24 FRENCH share prices ended slightly lower on Friday in a featureless market ahead of the May Day weekend and in the absence of fresh news, dealers said. The CAC-40 Index ended 5.89 points lower at 2,066.27. It opened at 2,079.78. The CAC General Index, based on opening prices, dropped
        283 words
      • 173 24 BELGIAN shares ended the week mixed, but dealers said trading volume had picked up from very low levels as investors came back into the market for selected stocks such as retailer GB-Inno. A small 0.15 point cut in Belgium's three-month treasury bill rate had little effect on the market,
        173 words
      • 200 24 ITALIAN share prices closed quietly steady on Friday with operators squaring positions ahead of the weekend. Traders said business was typical of a Friday before a long holiday weekend, because although today is officially a working day, many traders were likely to stay away from their desks as tomorrow
        200 words
      • 219 24 TORONTO stocks closed at the session's lowest levels on Friday, after Wall Street was weakened by futures-re-lated selling, analysts said. "People per- ceived from the economic news in the morning that interest rates will stay high," said trader Sonny Lennon of Wood Gundy Inc. The Composite Index tumbled 33.40
        219 words
      • 448 24 GOLD SHARES in Johannesburg closed firm in a quiet and cautious market on Friday after Thursday's strong recovery, and ahead of crucial talks this week between South Africa and the African National Congress about future negotiations, dealers said. The sharp falls of the previous four sessions appeared to have
        448 words
      • 88 24 INDICES TURNOVER Apr 27 Clow 1 Previous NEW YORK Dow Jones 2.645.04 2.676.58 -31.54 NYSE Financial 134 60 135 66 -1.06 SAP 500 329.10 332.92 -3.82 Turnover (million) 132.0 141.33 -9.33 LONDON Financial Times 30 1,658.7 1.676.1 -17.4 FTSE 100 2,106.6 2.133.6 -27.0 Turnover (million) 536.7 510.9 25.8 AMSTERDAM CBS
        88 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 398 25 FOREX WEEKLY ROUND-UP THE US dollar, which started firmly, finished stronger against the yen and sterling but weaker against the West German marks last week. The greenback shrugged off Thursday's announcement of lower than expected US economic growth in the first quarter, closing
      Source: TeleTrac  -  398 words
    • 617 25 ASIAN CURRENCIES AFP THE Japanese yen fell with the deutschemark on news that West Germany had agreed to swap its currency with the weaker East German mark on a rate of one-to-one. Australia, New Zealand, Hongkong, Indonesia, the Philippines, Singapore, South Korea and
      AFP  -  617 words
    • 383 25 Cross rates Apr 28 USS S$ MS Dm Yen SFr AS NZS USS 1.8765 1.6780 159.25 0.6133 1.4545 1.3319 1.7376 SS 0.5329 Closed 0.8942 0.8487 0.3268 0.7751 0.7098 0.9260 MS Closed Dm 0.5959 1.1183 94.90 0.3655 0.8668 0.7938 1.0355 Yen 0.6279 1.1783 1.0537 > 0.3851 0.9133 0.8364
      383 words
    • 558 25 Interbank rates S$ Bid Offer Overnight 6 1/8 6 1/4 1-month 6 9/16 6 11/16 2-month 6 11/16 6 13/16 3-month 6 3/4 6 7/8 Overnight mode: 6 5/16 USS High Low 7 days 8 3/8 8 5/16 1 month 8 7/16 8 3/8 2 months 8 9/16
      558 words
    • 533 25 Reuter THE WILD, unregulated days of Taiwan's illegal futures trading, when gamblers bet vast sums on how overseas markets moved, are ending as the government tries to control the island's rampant underground economy. The Bureau of Investigation last week questioned the heads of
      Reuter  -  533 words
    • 349 25 NYT PRICES of US Treasury securities finished with slight gains on Friday after a brief advance early in the session gave way to profit taking. Dealers attributed the early strength to a rise at the low end of expectations
      NYT  -  349 words
    • 476 25 GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion THE FOCUS of attention in precious metals is now on gold's inability to respond to a series of highly inflationary factors which include an annualised 8.5 per cent showing of the US CPI, a one for one deutschemark
      Sin Huat Bullion  -  476 words
    • 241 25 ,»1 Apr 27 cou) Fvnmcs (too oz) USS/oz Open High Low Settle Change Apr May Jun 374.30 374.90 372.50 373.00 -0.30 Aug 379.10 379.30 378.10 378.10 -0.10 Oct Dec 389 00 389.50 388 10 388.10 -0 10 Feb 91 Apr Jun Aug Oct Dec Feb SIIVW FUTUtfS (5,000
      241 words
    • 508 25 BANKS ABN Bank 7% Allied Irish Bank PLC 7 V. American Express Bank 7Vi Am'Dam R'terdam Bank 7% Arab Banking Corp 7Wi Arab Bank Ltd 6Vi Asia Commercial Bank 7 ANZ Banking Group 7% Ban Hin Lee Bank 7V« Banca Commerciale 7% Banco do Brasil 7% Bangkok
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  • Page 25 Advertisements

  • COMMODITIES
    • 306 26 AP BOTH sides are claiming victory in a lawsuit brought by the American Agriculture Movement Inc, charging the Chicago Board of Trade with illegally manipulating soybean prices. US District Judge George Marovich ruled on Thursday that the American Agriculture Movement Inc cannot
      AP  -  306 words
    • 253 26 Reuter THE world's main cocoagrowing nations, struggling to balance budgets and repay foreign debt, will meet in Ghana to discuss ways of maximising export earnings from an oversupplied commodity. The five-day meeting of experts from the Cocoa Producers' Alliance (CPA) starting today will not announce
      Reuter  -  253 words
    • 130 26 INDIA plans to boost annual aluminium production by 270,000 tonnes in five years' time and set up an exportoriented plant at a cost of more than US$7OO million. Indian Mines Secretary PK Lahiri said that public sector aluminium units would raise output by 160,000 tonnes
      130 words
    • 894 26 WEEKLY ROUND-UP AFP PRECIOUS metals were hit by aggressive selling of gold and platinum by major producers, notably the Soviet Union, and by the announcement of a push for higher output by a major South African mining group. Silver also experienced heavy liquidation
      AFP  -  894 words
  • 1121 26 Rubber IMS (fob in Mm) S cents/kg Ir A A A A A t 1 P r 2 pr2 pr 2 P r 2 pr 2 1 il Close 157.00 Closed Hosed closed MRELB (Ml in bates) M cents/kg li A A A A A U it 1 P
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  • Page 26 Advertisements
    • 802 26 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50, AND IN THE MATTER OF SEAFOOD DISTRIBUTORS (S) PTE LTD (In Members Voluntary Liquidation) The following special and ordinary resolutions were deemed to have been duly passed at an Extraordinary General Meeting of the members of Seafood Distributors (S) Pte
      802 words
    • 826 26 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SENG FATT BROTHERS PRIVATE LIMITED (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at 150 Cecil Street #05-03 Wing On Life Building. Singapore 0106 on trie
      826 words
    • 14 26 FORWHOJ WHERE I AND 11 _wg^LiJ IN THE MARKET Every Thursday... ADVERTISING 1 MARKETING
      14 words
    • 15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business rimes.
      15 words

  • THE TRAVEL PAGE
    • 1022 27 CMy FlfM ETA Flight ETO Oty FHght ETA Flight ETD Zy>O* 901c MH627 0635 MH628 0720 M- W# 8(3225 2215 MH640 0810 SQ102 0730 59±® lyiD 1 MH630 0840 MH604 0800 Immm RJ182 1445 RJ183 2320 SQ103 0950 SQ104 0830 ,i~ ortoo 0755 KL842 2035 MH605
      1,022 words
    • 726 27 LETTER FROM BANGKOK Bangkok is not the world's most expensive city yet it is surprisingly easy to spend US$5,OOO in one day. To begin with, you can stay in a suite of the Shangri-la Hotel for 41,140 baht (U551,613). Have a champagne
      726 words
    • 155 27 As at 3pm yesterday on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4050 1.4250 Canadian dollar 1.5960 1.6160 NZ dollar 1.0700 I.I 100 Sterling pound 3.0460 3.0660 US dollar 1.8725 1.8825 Local dollars to 100 units of foreigi cuiipbc) Austrian
      155 words
    • 128 27 Duration Title Venue Oipaiw Td Duration Title Venue Organiser Tej Apr 25 Zimbabwe Zimbabwe Zimbabwe (263)9/***** May 4-13 Bordeaux France Foire (33)*****555 May I International International '90 International International Trade Fair Trade Fair Fair De Bordeaux May 7-10 Computer'90 Hongkong Business and S-*****3 Apr 27- International West
      128 words
  • Page 27 Advertisements
    • 58 27 *V The business person's choicc every Tucsdiy, I fAN II A g \(V I Thursday, Saturday and Sunday. Leaving I f l|\| I I|\| Chang) Airport at 2135 hour* and arriving at Llll 1111 l U Heathrow early the following morning. GUI yomr trtvrl agent or Atr CdtuJd *t 7J2
      58 words
    • 254 27 More butlers than Buckingham Palace. At the new Regent of Kuala Lumpur, our prime objective was to establish truly palatial standards. As a result, you won't find a butler on just one or two floors. But on every one of our twenty floors. So if you're up all night doing
      254 words
    • 8 27 iisiflßT "*1 kuuihO I Bangkok I# I W88..J
      8 words
  • Page 27 Miscellaneous
    • 296 27 6 Tea-time question JML_^pH—equally to the haves and 1 F Looked for a aH Hi ■■bH II newspaper chief (6) 9 Honoured by the electorate P j I but dishonoured by the bank ~~~"hB 11 Dark circle has unusual role LJ— —hm—I—"LmJ1 —"LmJ I^lhl |H M M 12 No easy
      296 words
    • 212 27 Singapore Outlook: Showers over several areas in the late afternoon Report: Max temp. 34.9* C Assoc humidity 56% Min temp. 25.6 XT Assoc humidity 98% Hrs of sunshine 9.75 Rainfall in ram Nil Rainfall this mth 52.4 mm Rainy days this mth 10 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 23/16
      212 words
    • 27 27 i p\ veßy Rope note, to Tue OH€£K d^ N TSP KSK Ntev^ OF SOmt TO iT OPT P C EVtWHO STANOARO CO. LTO.. IMMMO 6159 C
      27 words

  • 430 28 THE BANK of Thailand has recommended that the country be developed as a "comprehensive financial centre" for the region, according to the Bangkok Post newspaper. The recommendation was based on a study by the central bank which has been submitted to Thai
    430 words
  • 251 28 Reuter WESTERN governments seem likely to back more aid for East European nations this week, but world banks are much more wary about pumping money into their stagnating economies. "Help will First have to come from the public sector," said an
    Reuter  -  251 words
  • 353 28 Bernama THE national labour policy being formulated by the Malaysian government will provide that pay review for workers take into account increased productivity on their part. Human Resources Minister Datuk Lim Ah Lek said yesterday that under the policy all workers would be
    Bernama  -  353 words
  • 50 28 Jean Goemans (left) and Morgane Bouiller have discovered one more use for recycled paper. Their terrestrial globe is made entirely of such paper and, measuring 5.85 m wide and weighing 560 kg, is the largest of its kind in the world.
    50 words
  • 365 28 Reuter THE SOVIET Communist Party daily Pravda yesterday painted a picture of the country's economy running out of control, adding to the pressure for a political and economic overhaul of the entire system. Pravda said first-quarter statistics for this year showed nose-diving production, rising foreign debt,
    Reuter  -  365 words
  • 243 28 Reuter LITHUANIA and Moscow appeared to be moving towards a compromise yesterday after the Kremlin said it would accept a freeze instead of a renunciation of the rebel Baltic republic's declaration of independence. Lithuanian President Vytautas Landsbergis welcomed the proposal, originally floated as
    Reuter  -  243 words
  • 144 28 AFP CHINA'S Communist Party general secretary Jiang Zemin told a Soviet newspaper on the weekend that he is pleased with the state of Sino-Soviet relations despite differences between the two communist giants. "I hope that bilateral relations will continue to grow through the efforts of
    AFP  -  144 words
  • 265 28 FROM TOMORROW, new vehicle registration fees will apply to all categories, according to the latest government gazette. The registration fee for private motor cars and hire cars will be $1,000, while that for company vehicles will be $5,000. Purchasers of light goods vehicles, other
    265 words
  • Page 28 Advertisements
    • 58 28 «Sg RENTAL 01 .f {BH site office fl| SOON LI CABIN 2H® *****67 YOUR PRIVATE JET ANYTIME, ANYWHERE... CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can also arrange for Trading, Leasing and Management of business jets. 20 Kramat Lane #04-07 United House Singapore 0922
      58 words
    • 123 28 Soviet leaders to finalise reform plans, Pg 12 fl^t mm ■fBRPSIPpSpHPvI!^ Dauphin Sitzkultur Ahealthy backbone is essential FOR PERFORMANCE. i I Distinguished design and hiahBiMMBWim quality materials express tne identity of a company Mastwiine a programme chairs made in West Germany. Master Line promotes pleasure and motivation for one's works,
      123 words
    • 6 28 i SOON LI CABIN 542 5168
      6 words

  • Shipping Times
    • 277 29  -  By Rahita Elias THE PORT of Singapore Authority (PSA) will invest some $270 million in Phase II of the Brani Terminal project. The decision to go ahead with Phase II was prompted by strong growth, said Dr Yeo Ning Hong,
      277 words
    • 165 29 AFP NORTH America-bound trans-Pacific container freightages will soon be boosted by about 6.7 per cent for the first rise in five years, Trans-Pacific Freight conference sources in Tokyo said last Thursday. The Trans-Pacific Freight Conference of Japan (TPFC) and the Japan/Atlantic and Gulf Freight
      AFP  -  165 words
    • 460 29  -  By Dexter Lee TOKYO-BASED Kawasaki Kishen Kaisha ("K" Line) is expanding its South-east Asia multi-modal container transport services and reducing the transit times of existing services next month. From May 11, "K" Line will start its own dedicated shuttle feeder service between West
      460 words
    • 364 29 The Journal of Commerce TWO HONGKONG carriers have won government approval for direct flights to Vietnam, although the start of service isn't likely for some months. Cathay Pacific Airways Ltd and Air Hong Kong Ltd, an all-cargo operator known as AHK, were
      The Journal of Commerce  -  364 words
    • 311 29 Reuter DRY CARGO freight rates and futures prices have tumbled, with further losses forecast for the next few weeks, because of insufficient demand to meet the available shipping supply, futures brokers said. "Fundamentals are such that the charts have gone
      Reuter  -  311 words
    • 402 29  -  By Dexter Lee SYARIKAT RTNZ, a jointventure between the Integrated group and Mitsui-Soko, has launched a bonded truck transportation service between Singapore and West Malaysia and plans investments of more than Msloo million in Malaysia. Mr Kazumoto Baba. director of Syarikat RTNZ, said plans
      402 words
    • 220 29 Reuter DUTCH planemaker Fokker has developed a convertible cargo/passenger version of its Fokker-100 plane. Fokker is targeting the express cargo carrier market and will start production if it can drum up orders for a few dozen of the craft. It sees a market potential of
      Reuter  -  220 words
    • NEWS SUMMARY
      • 57 29 THE LACK of coordination among government agencies has been cited as a key obstacle in improving Thailand's transportation industry. A seminar last week, organised by the Citra Group, threw up a host of problems in the development of the country's sea, land and air transport systems
        57 words
      • 41 29 A POSSIBLE US refusal to renew China's Most Favoured Nation (MFN) trading status could jeopardise McDonnell Douglas Corp's MD long-term strategy in Asia, said Gareth Chang, chief executive of the. aerospace group's Asia-Pacific unit Back Page
        41 words
      • 31 29 THE US government has approved the sale of key Eastern Airlines foreign routes to American Airlines and granted Continental a new route to Tokyo Back Page
        31 words
      • 33 29 THE EUROPEAN consortium Airbus Industrie has filed a libel suit in Australia against the French pilot of an Airbus-320 which crashed in eastern France in 1988 Back Page
        33 words
      • 32 29 OTC, Australia's worldwide communications company, and the Commonwealth Bank have signed an agreement providing for an electronic data interchange (EDI) translation package for the bank. Back Page
        32 words
    • LOG BOOK
      • 109 30 THE PORT OF SINGAPORE Authority will from tomorrow introduce the URA coupon parking system at Tanjong Pagar Terminal, Keppel Terminal, Marina Wharves, Pasir Panjang Terminal and the Pasir Panjang Complex. Port users parking th£ir care in the areas will pay the hourly rate of
        109 words
      • 95 30 NIPPON EXPRESS CO LTD, Japan's largest integrated transporter, is building a bonded warehouse for container freight at the port of Rotterdam in the Netherlands, a spokesman said. The warehouse, under construction on a site rented from the Rotterdam port authority, will have U;000 square metres of floor
        95 words
      • 91 30 FINNISH NATIONAL AIRLINE Finnair Oy said Soviet aviation authorities agreed it could fly over the Estonian capital Tallinn and western areas of the Soviet Union to Mediterranean and other European destinations. The routes would be opened up in stages from autumn 1990 and they would first
        91 words
      • 99 30 MITSUI OSK LINES LTD and Mitsui Engineering and Strg>building Co Ltd have acquired 20 and 25 per cent shares respectively in Minami-Nippon Shipbuilding Co Ltd. Mitsui Engineering will cooperate with the company in management and operations but Mitsui OSK, which contracted the company to build
        99 words
      • 104 30 U&L CORP CHAIRMAN Stephen Wolf said the airline company will shortly announce a large wide-body aircraft order. "We will shortly announce what will probably be the largest wide-body aircraft order in aviation history," Wolf said in a speech prepared for delivery at the UAL annual
        104 words
    • 1300 30 The lack of coordination among government agencies has been cited as a key obstacle in improving Thailand's transportation industry. A seminar last week, organised by the Citra Group, threw up a host of problems in the development of Thailand's sea, land and air transport systems. THAILAND'S
      1,300 words
    • 800 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      800 words
    • 10553 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      10,553 words
    • SHIPS IN PORT
      • 521 45 teMi V*r Ne Berth kiM Departure Vessel toy No Berth Arrival Deprive Kippil Wki irm Nha Trang 6 11 P28 alongside 29.04/2300 K17 alongside 29.04/2200 Nhat Le 1/90 PIC afongsde 29.04/1400 Ms Prosper 10W8 Penta In tan 10/90 P3W alongside 2904/2300 Daiyunshan 3/90 K18 alongside 30.04/0600 Rati
        521 words
      • 1835 45 RECEIVING OF EXPORT Fa COWTAINERS WD LCL CARGO T 1-1 L1--fdoidiKr juicuIKJ SNp Voy No Air Date Tbrn From To Bookhf Gate Op B Meior 113 01.05.90 1400 30/1900 30/1959 Portnet 2 B1 00 F05 01/0500 01/0559 NA 2 B Sura 124 30.04.90 2000 30/0930 30/1029 Th/Fa* 2
        1,835 words
      • 275 45 tort Mat South Part Power Venture berth 1; Aditya Vabhan berth 2; Sparkle Moon berth 3; Trans Bulk berth 4. KCT: Urn Master berth 8; Anson berth 9; Perkasa berth 9; Liverpool Bay berth 10. Narfi tot Rainbow Spiendout berth 11; Koki Maur berth 12; Yekca berth
        275 words
      • 1032 45 THE DRY cargo freight market on Thursday saw a further fall in rates, with the Baltic Freight Index (BFI) slipping another 11 points to 1,379. Business included 52,000 long tons of heavy grain from the US Gulf to Japan at U5522.73 and the BFI rate for the run
        1,032 words
    • 680 46 Reuter A POSSIBLE US refusal to renew China's Most Favoured Nation (MFN) trading status could jeopardise McDonnell Douglas Corp's long-term strategy in Asia, said Gareth Chang, chief executive of the aerospace group's Asia Pacific unit. 'The Russians may benefit from that, and
      Reuter  -  680 words
    • 382 46 AP THE US GOVERNMENT on Thursday approved the sale of key Eastern Airlines foreign routes to American Airlines and granted Continental a new route to Tokyo. The Transportation Department sent its approval of Eastern's sale of South American and Latin American routes
      AP  -  382 words
    • 203 46 AFP THE EUROPEAN consortium Airbus Industrie has filed a libel suit in Australia against the French pilot of an Airbus-320 which crashed in eastern France in 1988. Airbus said it had filed a suit with a court in Melbourne last Friday against
      AFP  -  203 words
    • 98 46 OTC, Australia's worldwide communications company, and the Commonwealth Bank have signed an agreement providing for an electronic data interchange (EDI) translation package for the bank. Mr David Brawn, OTCs executive director, enhanced communications, said the agreement provided for the installation of the Edge package. Mr
      98 words
  • Page 29 Advertisements
    • 296 29 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING VwfifYw m MM LEUVE 9123 03/5 06/5 SUPER EIGHT 02 07/5 15/5 CALL: 224 6071 (Sm Pap 13 Column 4). Codtett bunker report 2 Mb to Advertisers .3 Sfeppnt Gwde 10.11 (My Fre«>its 17 Contaner Schedule 17 Shps m Port 17 S«|g>ore Trie 17 Weather
      296 words

  • Page 30 Advertisements
    • 174 30 To all Breakbulk/Conventional shippers to (tie Philippines and other concerned parlies: Please be informed that with immediate effect Mighty Maritime Agencies Re Limited represented by Mr James Seet is no longer authorized to process^ssue Certificates of Non-Availability (CONA) of Philippine flag vessels. Applications for waiver of the requirement to ship
      174 words

  • Page 31 Advertisements
    • 2055 31 JAUWNE SHIPfINC AGENCIES %lllf# 200 Cantonment Road #12-05 Southpo.nt, Sinppore 0201 \lllf# Tat *****11 TELEX NO RS ■IRTIII TERMINAL,'CFS TH *****11 220 rPwOJI BOOKINGS Tat *****34 235 h. J PESAKA JAR DINE SHIPPING AGENCIES SON. KID PORT KELANG TEL *****11 TELEX NO MA*****/MA***** SSnS PENANG TEL *****4 TELEX NO MA*****
      2,055 words
    • 1211 31 INDEX Pa(r Cel < 1,1 I Lloyd Tricsli no 4 1/2 J LIMVSL Agencies 15 2 ABC Containeriine 13 5 Lucky Seaway IS 3 Accord Shpg 8 3-5 Lykcs Lines S 3 Albatros Sea-Air 14 5 i Alfred C Toepfer 15 5 M I •J^ UnCT U 4 Mac-Nels Agencies
      1,211 words
    • 2305 31 ■■■■■■■■■■■■■■■■■■■■■■■■■■VP VM»el Voy ETA J ETO 'Port *P#n*ng L 1 DESTINATIONS '*t Singapore KaUng TMt aeel ltergr«h« M 9004 by cv t/» (Moo hrs m Farco CfS -»4 t«00 MRS M Tauro OAK LQB HOU MEM ATI. MIA CMS SAL PHL MYC MOW TO, MAROREThTm 9004 l/S 2/S SM fsid
      2,305 words

  • Page 32 Advertisements
    • 863 32 M MMB£MQ PTE LTD WE ARE NOW LOCATED AT: 17, UPPER CIRCULAR RD #02-00 JUTA BUILDING SINGAPORE 0105 OUR CONTACT NUMBERS ARE: TEL: 534-0456 221-0108 (SALES/ BOOKINGS) FAX: 534-0040 TELEX: RS ***** trans pacific service HfflP WEEKLY FULL CONTAINER SERVICE |TQ u«A I SIN HKG I LBHIOAK SEA FROM USA
      863 words
    • 623 32 SOUTH PACIFIC SERVICE SIN Pom lAE SUV PIT IRINI 25(4 6/5 8/5 15/5 20/5 niRFCT CHILE SERVICE SIN IQQ ANF VAP THO IRINI 25/4 2S/5 lfi 4/6 6/6 AOOTls: SINGAPORE: *****00 BOOKINGS: *****08 S. JAYA: 03-*****25 JOHORE: 07-*****2 j PKNANG: 04-*****7 [northbound TO UKC [ypoiiril>oBM/A'DAM HBG HULMU K.) I CLYDEBANK
      623 words
    • 1324 32 QSmmMSMM &£MfS REGULAR INQEPENDENT FULL COMTAMER SERVICE WESTBOUND FOR EUROPE VSUVOY SIN CLM VLT PRS ALG BCL FEL HAM BRE ROT ANT LNA (VIA (VIA (VIA VIT HAM) p OT) NORASIA MUBARAK 9009-3 06/05 10/05 23/06 27/05 2S/05 30/05 31/05 02/06 Q/06 04« 06/06 NOR ASIA AL-MANSOORAH 9010-3 11/05 15/05
      1,324 words

  • Page 33 Advertisements
    • 1518 33 Ltd| Containers rr u accepts doe sails S port P.Klanf S (on H bur| B'haven R'dam Ltti LONDON EXPRESS IK/OS 04/05 22,05 2AIQ6 2V05 CARGO CITY Of EDINBURGH 03/05 2205 23ffi SWS 22« STRAITS VENTURE VUE Mujri. Lab, KK 30-02 May 03 May 04 May UWRPOOI BAY 3M* "J* W«
      1,518 words
    • 1593 33 TO: EUROPE TQ: FAR EAST SP LM RDM HAM B'HVN FLX SPORE HK RAO KOt BU CHOYANC CHANCE 047* 5/5 23/5 24/5 25/5 27/5 21/5 CHOYANC PARK 007E 1/5 1£ W W W HANJIN LCHAVRE 007W 12/5 38/5 31/5 VI 4/1 5* HAMJIN OAKLAND 087E 14£ 17£ lt/5 2W HANjIN
      1,593 words
    • 25 33 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 17/5 KARACHI ■■UMIW Wl M.T.V. IMMPOMTATON 00. fTI) LTD Tmt iini Ttc m 2*ll ta an
      25 words
    • 345 33 nBBBBBS STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN ASIAN COSMIC SEKI TRADER STAR PIONEER KOCHI VOY. NO. I 112 5 79 S pore In Pt 5/5 «/5 P. Kelang 2/5 2/5 5/5 12/5 Penang Hong Kong Yokohama 19/5 22/5 Nagoya 17/5 Osaka 15/5 Senboku Kashima F
      345 words

  • Page 34 Advertisements
    • 608 34 hi lion I P.T. SMTOKIM MNiSM t.l. TMKOM UBTB CR NBR **********0-D I EXPRESS SEMI-CONTAINERSHIP SERVICE WSL/VOY S PORE R OAM/ H BURG BREMEN ANTWERP I AOAM I MATARAM/2CWB 30/4-3/5 sft IM 1(1 ISM I BAAB ULLAH/22W8 g-M/5 25/* 1/7 4/7 7/7 I FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO
      608 words
    • 811 34 HANJIN SHIPPING FULL CONTAINER SERVICE sSkT I i HANJIN LE HARVE 007W 12/5 30/5 31/5 Ifi 1/6 J1W .."5 5 IkU n* HANJIN FELIXSTOWE 082W15/5 7/6 W *6 12* IJ/6 CNOYANC SUCCESS MK TOfi CHEJU HIE CHOYANC PARK MM 26/5 U/6 14/ C 15* W l«/ 6 M J/s AJ
      811 words
    • 1311 34 I I —I T rl 1 nu scp wc uc klc pus bit oh tto iai u« fun* w I EVER GOING V 5 Him IW W I*s W 1* W W• EVER CI FT ID H *ilHl«lKWaff!V!»!» *7 W ~W Jf JJ ever greet i«* u/s 2ys 21/s as
      1,311 words

  • Page 35 Advertisements
    • 1220 35 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) BOOKINGS/ENQUIRIES: UK/EUROPE SERVICE ***** 9 AUST/INDIA/PAK SERVICE *****18 M USA SERVICE *****16 FAR EAST *****48 BDOCUMENTATION: *****44/*****14 ™*~,~acn 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 PEN PKG SGP MOTHER VBL/VOY
      1,220 words
    • 1135 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VUJtU ¥OYA« I STOW |MAMIU|HKOM WYAO SPOM WUK HiUtC I'NAVCN TIUURT ROTT ANTOCRP n. KoaowmT mm
      1,135 words

  • Page 36 Advertisements
    • 1046 36 N. AMERICA-ATLANTIC COAST IlilflSillH VOY *INOO *PK/PNG [sGP LB CHLS NFK NYC HFX OOCL FORTUNE 20 7/5 8/5 10/5 2/6 12/6 14/6 16/6 20/6 AMBASSADOR BRIDGE 28 14/5 15/5 17/5 9/6 19/6 21/6 23/6 27/6 NEPTUNE JADE 24 25/5 26/5 24/5 16/6 26/6 2*6 30/6 40 OOCL FAIR 20 2S/5
      1,046 words
    • 740 36 I I ETD SIN (1 DAY) MIWV) ♦.(IDAV) BOOWNGCOJACT |H 04/05/90 PORT KELANG PENANG BANGKOK 1 JACQUELINE TWICE/WKLY J BOOKING. CONTACT w H ETD SIN (3 DAYS) +(2 DAYS) +(1 DAY) 03/05/90 HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY I [ETD SIN (6 DAYS) ♦(1 DAY) +(4 DAYS) WjJIJOOJJCT g 04/05/90
      740 words
    • 293 36 i*€Munemai racfivc snipping r j TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR ARTEMISIOM SM SETE/RDHANT/FLU/UK BYRON V SW SM In Pt S€TE/ROM/ANT/aU/UK ARBELA 7f5 SM SETEJRDM/ANT/FIUfUK Loads Sateh/lndonMM MULTIPORT AGENCIES (S) /ON PTE. LTD. V TEL: *****77 FAX: 225M31 \Jfl/ P.K. MULTIPORT SON BHO. TEL: 3M2MI
      293 words
    • 635 36 golden line GUAN GUAN SHIPPING (PTE) LTD j \kOC4 Z3, Talok Avar Street SINGAPORE 0104 MTEITsOMB 00 LINES) Fat 5*3904 fCR Ne UI2SSMOOW) STRAITS/PERSIAN GULF SERVICE: S'pon P. Kate* Peaaai GOLDEN KM Vf m GOLDEN HARVEST MNMHantMMt 2*20 Mar CHINA SERVICE MMHWa »4Ma» f MftW tuft SERVICE VUSEI «4Ma» rum
      635 words

  • Page 37 Advertisements
    • 1485 37 aggaPff PACIFIC INTERNATIONAL LINES (PTE) LTD gg Jf PIL Building, 140 Cecil Street *0300, Singapore 0106. JAKARTA 1 1 BANGKOK ~1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN KOTA MELATI (MSB 4/5 «/5 9/5 PEQASUS PIONEER 7»N 1/5 4/S B/5 HAI QUANO 2MB S/S S/S KOTA SINOA
      1,485 words
    • 1041 37 'BEN LINE CONTAINERS LTD I 200 Cantonment Road Tel: *****22 I #13-05 Southpoint lilA Fax: 224 9 1 6 ?,nn Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT isSEL [VOY SPORE P KLANG SHAMPTON HAMBURG BHAVEN RDAM LHAVRE ondon Express 11/552 3/5 4/5 22/5 24/5 26/5 Wy of
      1,041 words
    • 289 37 M MYANMA i pHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkok PATHEIN VIOIW 25 APHA MAY MYOMAYWA VI26W 1/3 HAY APR MERGUI V 99* 2/4 HAY m OISCHC ONLY HPA-AN VI49W 4/7 MAY HTONEYWA V255W 1/7 MAY THE BANK UNI (A Mrvice of
      289 words

  • Page 38 Advertisements

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  • Page 40 Advertisements
    • 670 40 •Bdm j|H[M l l lliESI^ INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO UNITED KINGDOM NORTH CONTINENT EUROPE OUTBOUND SIN fLX BRE ROM ANT HBG RST W. ULBRICHT 4/90 01/5 24/5 2*5 2*5 27/5 PANAMA SEN WFOI2 12/5 05/S 0M 0»/S 09/t 09/t T WENOA 5W 23/5 I*s I** I**
      670 words
    • 1181 40 ukc conrvpmoMAi. mvia Vmml P KLG PNC PC LoaMin« lor TONGCHUAN 31/3 Rotterdam Antwerp YANGCHUAN 2*4 Rotterdam/Antwerp CHINA wm CONTAIN** ***VIC* Vessel PKL PNG SPORE BKK HKG SHA QIN LYG WEI HE 50 27/3 25/3 31/3 *4 10/4 YANG FANG KOU 125 31/3 2*3 *4 U/4 I*4 20/4 Accepting FCL
      1,181 words
    • 221 40 I FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL eta etd loading for DELI INDAH 5.5.90 6.590 NAGA JAYA In Port 3.5.90 PAHJANG LAMPUNG JAYA 8.590 9.590 PANJANG PINANG JAYA 9.5.90 10.5.90 PANJAN6/PK. BALAM PERITA JAYA 11 590 12.5.90 PANJANG,JAKARTA ABADI JAYA 12.5.90 10.5.90 PANJANG JeRITAINTAN
      221 words
    • 533 40 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN I: Djulfa, Astara VIA ILYICHEVSK ETD SINGAPORE 5/5, 12/5, 17/5, 23/5, 28/5, 5/6 I EUROPE ITo all inland points: I VIA
      533 words
    • 483 40 ASEAN PORTS^^ Imc Ivor I —«c I 'mm* MAMA MUM 07N __j£_ MEKHANIK KURAKO 07* Fri 4/5 __ULSim BHUM USW frl 4/5 Mon 7g_ IPIYA BHUM S3N Sil 5/5 Tuo 1/5 JIMA BHUM* OWI Sat t/S W<d US MAHA BHUM OON V* 11/5 SIWI BMUM 44tM fri 11/5 14^ MEKHANIK
      483 words

  • Page 41 Advertisements
    • 949 41 snipping iimes, nunua> .ipruwiw* (Conventional Service) ETA S PORE LOADING FOR BANGLAR PROGOTI Sid S.KOREA/JAPAN BANGLAR SWAPNA 10/5 CTG., MONGLA ETA S PORE LOADING FOR A VSL In Pt Port Suez/Port Said/Alexandra <s> sl EAST MALAYSIA SHIPPING ENT. (PTE) LTD 41-A AHOY STREET, S'PORE 0106. TEL: *****18 (4 LINES) TELEX
      949 words
    • 201 41 ACCEPTING FCL AND COWVENTIOWAI VESSEL I VOY ETA LOADING FO« wpom anoinet imva io*» oaressaiaam mombasa Djibouti ASSAB MAMAWA HOOEIOAH ABYOT 21WB 15AM DARES3ALAAM MOMBASA. DJIBOUTI ASSAB. MAS&AWA HOOCIOAM H MIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Vessel Voy Spore
      201 words
    • 668 41 MASKAPAI PELAYARANi WPULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER S£KVICE I TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS OF S PORE, INDONESIA. I MALAYSIA THAILAND I ALSO ACCEPTING LCL CARGO TO JUT, PKG, PNG I r AND. BKK. FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: 222Q256 SINGAPORE
      668 words
    • 641 41 EEQDII BAY OF BENGAL SERVICES MADRAS CALCUTTA lEMELS 19V 111 iAA Hi LEUVE 0123 03/5 00/5 10/5 LEUVE 9124 I*s 24/5 050 LEUVE 0125 050 10/1 210 LEUVE 012t 210 210 07 1 DANISM FLAG YEAR BUILD 1M VESSELS VOY SIN CCU SIN SUPER EIGHT OTtttt SID 03/5 10/5 SUPER
      641 words
    • 361 41 TO AUSTRALIA/NEW ZEALAND I If l —Ml Nhl6lW»l M""l Hill*'""' Mnwroi M 7 U(» {Off p«B w «4 TWT UPMSS M m |M p w v v t mucnc m a» I v |*P V MUSSEL 5 ttfl jn/7 |44 ME U* 7 DATS TO rWEMANTUB TO USA/CANADA I It
      361 words

  • Page 42 Advertisements
    • 1185 42 "Q" MAC-HELS SINGAPORE i 557 til gjga 11 mm til «iimT]| fI|IPENANG TEL: (04) *****6 K K TEL (088) *****0 TAWAU TEL: (089) *****9 ■■"■■■■l'p. KELANG TEL: (03) *****77 lIkuCHING TEL (082) *****3 SKAN TEL: (089) *****2 -rv U BAHRU TEL: (07) *****2 ||SIBU TEL (084) *****2 LABUAN TEL: (087)
      1,185 words
    • 345 42 tTZW blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT Dl C halmeßs accepting fclalclfor AUCKLAND, NAPIER, WEL L| NGTON, BLUPP, CHRISTCHURCH, DUNEDIN, LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK ITT PROSPECT <*S IN PO"T U May V"
      345 words
    • 1112 42 /ggl THONG SOON LINES PTE.JJD. SLy 1 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) i—— Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH roa hi in ht ram 01 M KIM SOON LI 18/90E 5 MAY PENANG
      1,112 words

  • Page 43 Advertisements
    • 718 43 COMPANIA PERUANA vQEA. 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. Ptnang* P. Kelang* Singapore KAMALEVERETT Gdn.K3o/27 Apr THOMASEVERETT 2/4 May SHAPIAEVERETT 20/22 May WcV"EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC
      718 words
    • 634 43 Wast Coast. CarriMiean.Eait Canadj HAITI Guatemala and Hondurjj VSL IS'PORE IMAINLINEB ILAX IKST SAV NYC_ }jFX_ ZIM SINGAPORE 7/5 ZIM LIVORNO 11/5 2ff K5 K5 !S5 rw a asss g sss s s LEEWARD U/5 ZM KEELUNC 1M 21* PO* W 4/7 r* znc AIXTRALIA CONTAINER SERVICE VESSEL S'POKE SYD
      634 words
    • 686 43 SING KWANG HANGI] WHW TmW»OWTAHOW (FT!) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 2/5 6/5 JENWEL I 7/S I ho/5 vessel spore Bangkok"! A VESSEL 3/5 8/5 A VESSEL" I 8-5 DESTINATIONS ETA SINGAPORE PORT KELANG MAY MANILA 1 MAY HONG KONG. ALL CHINA PORTS 5 MAY
      686 words
    • 447 43 PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SjNOAPOgg JAKARTA SURABAYA PRASE TIA 89A 02/5 05/5 PELOPOR 940 06/5 06/5 PHASE TIA 91A 09/5 PtLOPOfI 941 12/5 15/5 TANTO UTAMA 73 5/5 8/5 TANTO UTAMA 75 12/5 15/5 TANTO UTAMA 77 19/5 22/5
      447 words
    • 385 43 «ft FMUttT 6/5 KEELUNG/KAOHSIUNG 6/5 BANGKOK 11/5 MANILA 5/5 JAKARTA 5/5 PORT KELANG/PENANG 7/5 BUSAN 7/5 TOKYO/YOKO/KOBE 8/5 HONG KONG also accepting cargo to Huanmi/Shenzhen/Fuawu/ Xiamen/Xingang/Shanghai Hi ebmpi/K 5/5 LDN/FLX/LVP/SOU 5/5 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /ftomama/Potand/Butgaria/Cach. Mti/eiiiii MM 4/5 LA./NYC/SFO 4/5 VANCOUVER/TORONTO/MONTREAL 4/5 AUCKLAND/WELLINGTON lift PAmwiiw
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  • Page 44 Advertisements
    • 461 44 irqmintra Carp) bookings T«fc *****8 (5 LINES) TBN END MAY HKG, KAO, POHANG FROM ALL UNITED KINGDOM CITIES/PORTS FROM COPENHAGEN/AARHUS FROM HAMBURG/BREMEN FROM BUSAN FROM LOS ANGELES/ALL USA IPI POINTS PLATOU PACIFIC V 1 SHIPPING SERVICES V REGULAR PAH EAST N. AMERICA BREAK BULK SERVICE OWNERS' REP OFFICE TEL: *****11
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    • 244 44 VSL DESTINATION ETA SIN MAHA BHUM 07N BANGKOK 3/5 SIRI BHUM 445N BANGKOK 4/5 PIYA BHUM 2S3N BANGKOK 5/5 MAHA BHUM MM BANGKOK 10/5 SD ORIENT 1)R CEBU, MANILA 11/5 AKA BHUM lIS CEBU. MANILA 4/5 INFINITY 510 CHITTAGONG, MONGLA 30/4 0 SINCERITY 22A KARACHI. BOMBAY 5/5 VEGA 13A KARACHI.
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    • 310 44 Mmadkris business Pm CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME M.V.'DAGOHOY' 06/S0 15TH 20TH MAY MANILA/BISLIG TB N 10TH MAY BISLIG TBN BTH-10TH MAY MANILA M.V.'DAGOHOY' 07/90 IST JUNE MANILA GENERAL ACT CALSOURCE SHIPPING ft TRADING PTE
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    • 322 44 CLCL/FCL SERVICE TO/FROM OH KL: allied-LINK SINGAPORE: /7T^\ Sglr 04-*****2 *****8055 778 5522(22 lines) SEEB XI MM Oog Imm CNm auc. YmMw Y« I I Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 9011 30/04 03/05 DELTA MAS 151N/152S
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    • 174 44 Ivcmcl sm m. dm Rat CHOFU VOY 11W 06/06 18/06 23/06 26/06 ALS STRENGTH VOY 12W 29/06 06/06 13/06 1«/06 ALS ENDEAVOUR VOY 14W 06AM 18/06 23m Acopting FCI tor Johann—burg VCMCi. MY 0«M PTL «N KB MM ALS ENOEAVOUR VOYOOE 12/04 15/04 20/04 01/06 11/06 IVO6 ALS TRUST VOYO6E
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  • Page 45 Miscellaneous
    • 427 45 TIDES AND WEATHER S; TORY'S TIDES (height In metres) I; HOW MM »1M 02M »3M 04M15M 06M «7M MM 09M10M11M12M13M14M15M 16M 17M IIMI9M 2MO 21M 22M 23M 2.5 10 12 11 2.7 2.1 15 1.0 0.6 0.4 0.4 0.5 1.0 1.5 1.9 11 12 11 lJ 15 11 11 L
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  • Page 46 Advertisements
    • 305 46 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement 011 the right! PAKISTAN NATIONAL •QSBr SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR 13-15/4/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL
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    • 240 46 MERCHANT MARINE CO. LTDEASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HKG S»N HYUNDAI INNOVATOR 32E 04* 10* 21* 31* 03* 30W 02* 05* 00* 2MH 03* HYUNDAI EXPLORER 31E 11/05 17/05 01* 07/06 I*o6 HYUNDA CHALLENGER I«4M 1005 17«
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    • 369 46 Call *****58 or Fax 33G1782 SINGfI PUMP SERVICES PTE LTD Ef.'LP -.EM; r Pfc f. -E-tf- 1 P I■. ;.t pp r»' H T P.. P- exporHS^^^^^ UK/CONTINENT (TRIO) lomkm amiss IT ~ST -gg ££b szzsrsr* s sk S 1 s=sr KASUGA MB 4* W MEDITERRANEAN (MED CLUB)* JEDDAH lUfflM
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