The Business Times, 15 May 1990

Microfilm: NL17017
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Tuesday May 15 1990 75*
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  • NEWS SUMMARY
    • Article
      Taipei pledges to protect pro-democracy ship
      50 1 TAIWAN will send fighter planes and naval ships to patrol local waters when the GodJess of Democracy radio ship leaves port to beam prodemocracy messages to China. Military officials, quoted by several newspapers, yesterday reiterated earlier pledges to protect the ship in Taiwanese waters.
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    • Article
      Building contracts up
      33 1 THE AWARD of construction jobs showed a sharp rise in the first quarter of this year compared with the same period last year, totalling close to $1.6 billion Page 2
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    • Article
      US seeks new links
      36 1 THE US has called for a new strategic partnership with the Philippines at the start of exploratory talks in Manila on the future of its largest military bases in Asia Page 9
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    • Article
      Backing for deficit cut
      44 1 MANY among the elite Business Council of 100 top US corporation leaders said at their semi-annual meeting over the weekend that they will support any measure that cuts the US budget deficit, even if it means more taxes Page 10
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    • Article
      Kohl admits defeat
      37 1 WEST GERMAN Chancellor Helmut Kohl has acknowledged the "painful defeat" of his right-wing Christian Democratic Party in two key state parliamentary elections last Sunday, attributing the loss to fears about German unification Page 11
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    • Article
      Faithfull doing fine
      27 1 MARIANNE FAITHFULL is as close as Britons have to Billie Holiday and Edith Piaf. And at 43, she's feeling and sounding fine Page 19
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    • Article
      Tenders for tankers
      38 1 MALAYSIA LNG expects to call by the end of this year tenders for four more liquefied natural gas tankers to carry gas from Bintulu, Sarawak, to customers in the Asian region Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      49 1 WALL STREET stocks kept climbing into record territory early yesterday, extending the rally that carried the market to near-record levels at the end of last week. The Dow Jones average of 30 industrials rose 8.61 to 2,810.19 at 1430 GMT in the first hour of trading.
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    • Article
      Footsie higher
      49 1 LONDON share prices surged upwards through the 2200 level on the Financial TimesStock Exchange 100 Share Index near midday yesterday, riding a bullish wave that started in New York last Friday. At 1116 GMT, the broad-based index was up 32.3 points or 1.5 per cent, at 2,208.2.
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    • Article
      Another new listing
      31 1 ANOTHER new listing is coming up this time, the Kuok group's Pacific Carriers, which plans to offer 105 million shares to the public at $1.70 each Page 3
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    • Article
      Stanchart denies talk
      29 1 STANDARD CHARTERED Bank has denied market rumours that its stockbroking subsidiary, ChinTung, is to be sold or that the firm is facing liquidity problems Page 3
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    • Article
      New OUB package
      36 1 AN ALL-IN-ONE package linking multiple banking facilities to one account will be launched today by Overseas Union Bank in its bid to win a bigger slice of the consumer banking market Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 778.28 +4.56 Kuala Lumpur ....562.83 +7.57 Hongkong 2,976.44 +15.98 Tokyo 32,042.65 +530.51 Sydney 1,516.8 +32.1 Friday Change New York 2,801.58 +63.07 London 2,175.9 +18.90
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI.8500 Yen (100) SSl.2056 MS SS0.6862 Money market rates Overnight 5 7/8 1/4 3-month 7 3/16% unch
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    • Article
      COMMODITIES
      25 1 London Gold PM fix US$369.00 0.45 Rubber S'pore June 159.00 «/kg +0.50 M'sia June 229.00*/kg unch KL Tin Turnover 101 tonnes Spot M$17.17/kg -0.03
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  • Article
    Sime in M$2b talks to buy NZ Forest group
    648 1  -  By Conrad Raj SIME DARBY, the diversified Malaysian conglomerate, is planning to make its biggest acquisition to date New Zealand's largest forestry group, for an estimated Ms 2 billion. Some of Sime's senior management staff are now said to be in
    648 words
  • Article, Illustration
    SingLand advises acceptance of UIC bid
    528 1  -  By Magdalene Ng AFTER holding out for five weeks, directors of Singapore Land have succumbed to the hostile bid mounted by United Industrial Corporation. Reversing their earlier recommendations, Sing Land's directors yesterday advised minority shareholders to accept UICs bid, but reaffirmed their intentions to
    528 words
  • Article, Illustration
    Villagers damn dam project
    41 1 Indian villagers who are facing eviction from their ancestral lands over a huge World Bank-funded dam project called for its scrapping in New Delhi yesterday. The protesters above caricatured the government's alleged refusal to listen to reason.
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  • Article
    S'pore trails in population growth
    273 1  -  By Anna Teo THE LEADING Asian economies, Japan and newly-in-dustrialising Hongkong, Singapore and South Korea, trail all their neighbours on the continent on one score population growth over the next five years. Projections by the United Nations Population Fund in its 1990 State of World
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  • Article
    Credit card issuers stung by major scam
    403 1  -  By Amy Balan A NUMBER of professionals answering advertisements for a high-flying job have became unwitting accomplices in a major scam involving at least eight credit card issuing companies and banks. According to sources, the advertisement was so seductive that many were persuaded
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  • Article
    US dollar hits new low
    100 1 THE US DOLLAR closed at a historic low of 1.8495 against the Singapore dollar on the foreign exchange market yesterday. It closed at S$ 1.8545 last Friday. Forex exchange managers and dealers attributed the strength of the local dollar to the Singapore economy's strong 10.1
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  • Article
    Lock icon Row within Aussie Cabinet
    88 1 AFP A BITTER ROW erupted yesterday within Australia's Labor government, with Deputy Prime Minister and Treasurer Paul Keating publicly criticising a senior colleague who had questioned his economic performance. Mr Keating told a snap press conference in Canberra that John Button, the Min- ister for Industry,
    AFP  -  88 words
  • Page 1 Advertisements
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Timber industry urged to pool resources
        98 2 THE timber industry must pool its resources and embark on a new marketing strategy to stay viable in a fast-changing economy, said the president of the Singapore Timber Exporters' Association, Najmuddin Dohadwala, at a dinner last night. He also urged fellow exporters to put
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      • Article
        Waste not, want not
        52 2 ABOUT 150 local and overseas industrialists and professionals are expected to attend a seminar on water and waste water treatment at the Dynasty Hotel on May 30. Held by local company Chemitreat Pte Ltd, the main speaker will be Lars Pipping of Axel Johnson Engineering AB
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      • Article
        Talking and tapping
        88 2 THE Singapore Mac Users Group will host the second annual Asian Mac User Group meeting on June 17 at the Raffles City Convention Centre. The guest speaker at the meeting will be Guy Kawasaki, author of "The Macintosh Way". Mac Users Group members from Singapore, Malaysia, Hongkong,
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      • Article
        Bull's man in Singapore
        126 2 SINGAPOREAN David Yeo has been appointed the Southeast Asian distribution manager of Bull HN Information Systems Asia, whose global information systems parent company has its headquarters in the US. He will oversee expansion and development of distributor and re-seller networks in the region. To be based
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      • Article
        Supporting role
        75 2 SYSTEM Software Associates (SSA), an IBM software company, has appointed a regional manager to support its network of affiliates in Hongkong, Taiwan, Korea and China. One of the first tasks for former IBM man, Jim Ye, will be to assist SSA's three affiliates in the People's Republic of
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      • Article
        Appointments at Tandem
        66 2 TANDEM Computers has appointed two account managers and a customer engineer. Victor Heng will be account manager for the government, manufacturing and retail markets, while Gerard Chai will be responsible for Tandem's business in the financial/banking sector and selected accounts in the commercial industry. Customer engineer Lim
        66 words
    • Article, Illustration
      $1.6b worth of building jobs given in first quarter
      300 2  -  By Lee Han Shih ALMOST $1.6 billion worth of construction jobs were awarded in the first quarter of this year, an increase of 28 per cent from the same period in 1989. This comprised $690 million worth of contracts from private
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    • Article
      SIA-Delta link-up allows 'direct' flights to Dallas
      284 2 SINGAPORE AIRLINES will soon reap the benefit of a partnership with Delta Airlines by offering its passengers "direct" flights, first to Dallas/Fort Worth, then to its long-sought after slot New York. Starting July 1, SIA passengers in Los Angeles will be offered a
      284 words
    • Article
      Shell to restart long-disused crude distiller
      329 2  -  By Lilian Ang THE SHORTAGE of refining capacity in the region has prompted Anglo-Dutch oil company Shell to re-start a long-disused crude distillation unit. The unit, mothballed since 1987, is to come onstream in the second half of this year. To be re-corn missioned
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    • Article
      Philips gets traffic control system contract
      170 2 A $1.7 million contract to Philips Singapore will ensure that 117 traffic intersections in Singapore those that form major arterial link roads to and within the Central Business District (CBD) will have a smoother flow of traffic by early 1991. These intersections, now on
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      169 2 iWBBFMMMMMWIMWBMWBMBBBBiVJHMHBBBHBBBIBBBIBBB il| j^%jiS** vy' t £jjjgjK& i r v^'*■ Cover the whole of fPIL Thailand with JP»®KZ'm. .ji^ HH a US$l99 I' -..—^k.iyi"r U f dwr i 1990 is Thais thirtieth year of operation. And to period between January Ist, 1990 and December 31st, 1990 celebrate our birthday a for
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Kuok's Pacific Carriers plans 105m share offer
      424 3  -  By Magdalene Ng PACIFIC CARRIERS Ltd, shipping arm of the Kuok group, is expected to launch its public offer of 105 million shares this week at $1.70 a piece. Pacific Carriers was among a handful of shippingbased companies which sought a listing on
      424 words
    • Article
      No truth in talk of ChinTung sale or liquidity woes: Stanchart
      305 3  -  From Catherine Ong in HONGKONG STANDARD CHARTERED Bank has denied market rumours that its stockbroking subsidiary, ChinTung, is to be sold or that the firm is facing liquidity problems. Mr Christopher Wigan, the bank's representative on ChinTung's board, told
      305 words
    • Article, Illustration
      Singmarine wins $30m Italian contract
      338 3  -  By Lim Mui Khi SINGMARINE Industries Ltd has, through its shiprepair and shipbuilding division, recently clinched its first Italian newbuilding contract worth about $30 million. The contract for the construction of a sophisticated 9,300 dwt chemical tanker for Mediterranea Di Navigazione is the highest in
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    • Article
      Lock icon Shaken by the SingLand saga
      679 3 MARKET TALK Reuter SINGAPORE COMPANIES, unused to market predators, are now on guard with a hostile takeover bid by a relatively small company for a corporate giant inches away from success. The management of multi-billion dollar business empire Singapore Land Ltd is on the verge
      Reuter  -  679 words
    • Article
      Lock icon Pan Pacific Pub makes mark in Sesdaq debut
      306 3 Reuter PUBLISHING and paper company Pan Pacific Publications Ltd ranked top in volume in its debut at the Stock Exchange of Singapore Dealings and Automated Quotation System (Sesdaq) yesterday. Sesdaq lists 15 Singapore companies including Pan Pacific. Brokers said more than 540,000
      Reuter  -  306 words
    • Article
      Lock icon Balgi to make M$16.5m from sale of subsidiary
      196 3 Bernama BRITISH AMERICAN Life and General Insurance Bhd (Balgi) said it will realise an extraordinary gain of about M 516.5 million from the disposal of a 99.5 per cent stake in British American Life Assurance Co Pte Ltd (BA Life) by a
      Bernama  -  196 words
    • COMPANY BRIEFS
      • Article
        Chemical Industries proposes bonus issue
        85 3 CHEMICAL INDUSTRIES (Far East) Ltd has reported a 29.4 per cent increase in group after-tax profit to $7.66 million ($5.91 million) on a turnover of $23.91 million ($19.55 million) for the year ended March 31, 1990. Earnings per share came to 38 cents (30 cents)
        85 words
      • Article
        Stakes in Worldwide reduced
        82 3 KUMPULAN PERANGSANG Selangor Bhd and its subsidiary, Perangsang Hotel and Properties Sdn Bhd, disposed of some of their shares and loan stocks in Worldwide Holdings Bhd on May 3 through public offer sales. Kumpulan Perangsang said it sold 1.886 million shares of Worldwide, leaving itself with
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      • Article
        Balgi's new major shareholder
        43 3 HSBC (Kuala Lumpur) Nominees Sdn Bhd said it is a substantial shareholder of British-American Life and General Insurance Bhd (Balgi). The nominee company said in a form 29a declaration yesterday that it has 5,131,750 shares registered in its name.
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      • Article
        PNB ups stake in Golden Hope
        60 3 PERMODALAN Nasional Bhd (PNB) has increased shareholding in Golden Hope Plantations Bhd through a series of acquisitions of the latter's shares totalling 311,000 units for M 5735,344.31 between April 9 and 12. Golden Hope said in a statement that PNB now holds 107,536,243 of
        60 words
      • Article
        ASM increases shareholding
        32 3 AMALGAMATED Steel Mills Bhd (ASM) has raised its shareholding in Chocolate Products (M) Bhd tt> 344,716,960 shares. It purchased an additional 105,000 shares in Chocolate Products on May 3.
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      • Article
        Tan raises Inter-Pac interest
        44 3 DATUK Vincent Tan Chee Yioun has declared that he has bought an additional 3.30 million shares in Inter-Pacific Industrial Group Bhd to increase his interest to 77,755,250 units. The additional shares were acquired in the open market on April 30.
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      • Article
        Gentings buys Resorts shares
        45 3 GENTING BHD has increased its interest in Resorts World Bhd to 300.115 million shares following a series of purchases between April 24 and May 4. The additional shares, were bought by its wholly-owned subsidiary, Maxitage Sdn, Bhd, in the open market.
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      • Article
        YHS to distribute Budweiser
        22 3 YEO HIAP SENG (M) Bhd has been appointed the sole distributor of Budweiser, "America's favourite beer", in Malaysia.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      1385 3 Press Release BARINGS Te1:*****55 For Immediate Release 14th May, 1990 SINGAPORE LAND LIMITED (Incorporated In the Republic of Singapore) UIC TAKE-OVER OFFERS FINAL BOARD RECOMMENDATION The Board of Sraapore land limited ("Singapore Laraf or ta •Company") a asung the tolowng announcemert in oider to communicate ks final advice to Shareholders
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon Seibu buys Virgin stake
      115 4 Reuter JAPANESE retailer and hotel group Seibu Saison has bought a 10 per cent stake in the holding company of Britain's Virgin Atlantic Air. The acquisition of the stake in Voyager Travel Holdings Ltd the holding company for London-based Virgin Atlantic Air, Virgin Holidays and several
      Reuter  -  115 words
    • Article, Illustration
      Hang Lung offers to privatise CityWest Holdings
      524 4  -  From Florence Chong in SYDNEY HONGKONG-based Hang Lung has offered to privatise City West Holdings, after pumping Asl2o million into the troubled company, founded by West Australian entrepreneur, Mr Kevin Parry. Hang Lung came to the rescue of the company, known as Parry
      524 words
    • Article
      Lock icon Taipei's Hung Yuan suspends interest payments again
      229 4 Reuter TAIWAN'S huge Hung Yuan investment group, which has frozen interest payments twice since the government passed a new banking law last July, has announced yet another ban on interest payments. In a statement, the billiondollar company said capital flow problems created by
      Reuter  -  229 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      335 4 AUSTRIA STYLE '91 SINGAPORE May 16th 18th, 1990 2.00 p.m. 6.30 p.m. Century Park Sheraton Fabrics Garments Accessories Participating Companies APPAREL FABRICS ACCESSORIES F.M. HAEMMERLE C H.B. BRDITSCHKA GETZNER TEXTIL HUBER SCHIELSEIDE INKU BIJOUTERIE SILZ TEXTIL MELZER PLANNER READY TO WEAR SCHOEFFEL MAKWANA HOME FURNISHING MATERIALS EMBROIDERIES AND LACES BRUEDER
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      Page 4 Advertisements Column 2
      284 4 TAKING A HOME LOAN? MOVE IN THE RIGHT DJjtECTION. You've made a major move by deciding Your next move: take a home loan. And key decision, consider Singapore's foremost home loans specialist. Credit POSB. Be It a house or an apartment, we have a practical scheme that witl meet al
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      188 5 The facts that everybody Britain's leading exporter of manufactured goods. should know about British Britain > s largest exporter of cars Aerospace are far more than statistics Winners of 22 export and 8 technology Queen's Awards to Industry. They are hard-won Comprehensive range of defence systems. credentials that show outstanding
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Dutch Philips chairman quits
      455 6 Reuter CORNELIS van der KJugt is resigning on July 1 as chairman of electronics group NV Philips following poor firstquarter results announced earlier this month. Supervisory board chairman Wisse Dekker told a news conference in Eindhoven yesterday that Jan Timmer, who heads the group's consumer electronics
      Reuter  -  455 words
    • Article
      Lock icon Takeover talk surrounds Trump casino properties
      333 6 NYT SPECULATION about a possible deal involving Donald Trump's casino properties has almost replaced slot machines as the most popular game in Atlantic City. To a large degree, Mr Trump has encouraged such rumours by saying publicly that he is interested in raising cash
      NYT  -  333 words
    • Article
      Lock icon British Gas announces major reorganisation
      206 6 Reuter BRITISH GAS PLC is initiating a major reorganisation of the company with the aim of bringing it nearer to its customers. Group chairman Robert Evans said, "It is the most significant organisational change in British Gas for more than a quarter of a century...
      Reuter  -  206 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      650 6 21-22 June 1990 A Hilton Jakarta Indonesia today is the hub of tremendous business Speakers specially invited for (his conference activity. Investments by foreign domestic include: iiisinessmen are expected to increase to more than USSIS.6 billion. It offers numerous opportunities Prof. Dr. Ing B.J. Habibie for the investor, businessmen, manufacturer
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      382 7 I 4 i I ntroducing the all-in-one account that links our banking DAILY INTEREST MULTIUNK autocash at selected establishments. Check out the list and take services so that you can maximise your money's potential. With Multi Link, your funds never lie idle. They earn interest You will receive the OUB
      382 words
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  • FINANCIAL NEWS
    • Article
      Daiwa Sec launches US$60m fund
      157 8 JAPAN'S DAIWA Securities has launched a US$6O million closed-end fund for investment in Thailand's listed equities. The US-dollar denominated Thai Capital Fund is also seeking listing on the New York Stock Exchange next week with an issue of five million ordinary shares at US$l2 per
      157 words
    • Article, Illustration
      OUB banking on lure of all-in-one package
      349 8  -  By Quak Hiang Whai MULTI-LINK an all-in-one package linking multiple banking facilities to one account will be launched today by Overseas Union Bank (OUB) in its bid to get a bigger slice of the consumer banking market. The bank said yesterday that the
      349 words
    • Article
      Lock icon IMF may set conditions for helping E Europe
      540 8 IHT THE International Monetary Fund may insist on timetables for legal reform and privatisation as a condition for granting credits to help the nations of Eastern Europe move towards market economies, according to Michael Wilson, the Canadian Finance Minister. The IMF generally
      IHT  -  540 words
    • SMALL CHANGE
      • Article
        No devaluation of Taiwan $
        67 8 No devaluation of Taiwan Central Bank Governor Samuel Shieh said the government will not bow to demands from businessmen to lower the value of the Taiwan dollar and would keep it stable against the US dollar with some fluctuatkms."We will only allow some degree of fluctuation and will not allow
        67 words
      • Article
        M'sian bank loans up by 1.7pc
        101 8 TOTAL loans extended by the Malaysia's banking system rose by 1.7 per cent or M$ 1,543 million in January compared with an increase of 2.1 per cent or MS 1,864 million in December last year. Bank Negara reported yesterday that commercial banks provided 55.8
        101 words
      • Article
        BOT'S unit on expansion track
        73 8 THE Bank of Tokyo branch in Kuala Lumpur is to embark on a more aggressive expansion of its corporate and trade financing services to cash in on the unprecedented influx of investments, especially Japanese investments, to Malaysia. Its general manager, Mr Hajime Shinohara, said Malaysia
        73 words
      • Article
        BNI tapping US$125m in Asia
        74 8 BANK Negara Indonesia 1946, the largest state bank in Indonesia, is tapping US$l25 million from the Asian capital market through a five-year Floating Rate Certificate of Deposit (FRCD). The deal, originally mandated at US$lOO million, was increased to USssl2s million owing to strong demand. The
        74 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      84 8 I More and I I jSfr j are always exce(D+ionally I I ©After J? u)e r GC on I I I I ©f£l jSMeAlsIs I I PSWIIW 1 I I MaAKesU I I ©p Dippet^GH<C e I ©ur SilOer. §>uite naturally, it's (fyistefle. I I B&roips mm 1 Bj FOR
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      Page 8 Advertisements Column 2
      37 8 jfIHHBPHHk Wednesday. May 16. 1990 Grand Ballroom Hrtton International Singapore Viewing cocktails: 4pm 7pm Auction Sate: 7pm 9pm Auctioneers: Cheong Kaon Seng (CKS) Auctioneers a Valuers Pte Ltd Showroom: #03-28 Raffles aty Shopping Cantre Tel 338 813^*****68
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  • Page 8 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Lock icon US calls for new strategic alliance with Philippines
      415 9 Reuter THE United States yesterday called for a new strategic partnership with the Philippines at the start of exploratory talks in Manila on the future of its largest military bases in Asia. President George Bush's special negotiator, Richard Armitage, condemned yesterday's killing
      Reuter  -  415 words
    • Article
      Lock icon Manglapus lauds S'pore for stand on US bases
      166 9 AFP PHILIPPINE Foreign Affairs Secretary Raul Manglapus yesterday singled out Singapore, which has offered military facilities to the US, as the only south-east Asian country which has so far made a categorical stand on the issue. In an opening statement at the
      AFP  -  166 words
    • Article
      Lock icon Rating system for KL buildings planned
      379 9 MBT KUALA LUMPUR City Hall is undertaking an exercise to classify buildings in the city under a star rating system which will serve as a guideline for developers submitting proposals for development. In an interview with the Malaysian Business Times, Mayor Datuk Elyas Omar
      MBT  -  379 words
    • Article
      Lock icon Jakarta urges Tokyo to ease trade curbs
      193 9 AFP INDONESIA has urged Japan to ease restrictions on imports, especially for agricultural products, the official Antara news agency reported yesterday. Indonesia realised Japan's needs for strict quality and protect consumers, but Tokyo should adjust its import rules more in conformity with international
      AFP  -  193 words
    • NOTE BOOK
      • Article
        More jobs in Selangor industry
        86 9 SOME 500,000 jobs will be created in the manufacturing sector in Selangor in the next five years, Menteri Besar Tan Sri Muhammad Haji Muhammad Taib said on Sunday. He said the manufacturing sector in the state had undergone rapid growth with the influx of foreign
        86 words
      • Article
        State stand, Spirit of '46 told
        88 9 THE Spirit of '46 party has been asked to announce whether it agrees with PAS's struggle for an Islamic state. Gerakan president Datuk Sen Dr Lim Keng Yaik said the Spirit of '46 had yet to clearly state its stand on the matter. He
        88 words
      • Article
        Computer exhibition in KL
        100 9 AN INTERNATIONAL computer exhibition, billed as the largest ever staged in Malaysia, and a conference will be held at the Putra World Trade Centre in Kuala Lumpur from Sep 17 to 20. Held in conjunction with Visit Malaysia Year 1990, the exhibition and conference, jointly organised
        100 words
      • Article
        Viets still in Cambodia: US
        62 9 AMERICAN Assistant Secretary of State Richard Solomon said in Bangkok yesterday that Vietnamese military elements were "apparently" participating in combat operations in Cambodia. He was apparently the first senior US official to say publicly that there was still a Vietnamese military presence in Cambodia since
        62 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      30 9 at a SINGAPORE'S ONLY ColomiaL 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
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      Page 9 Advertisements Column 2
      241 9 Tfour signature can say a great deal I about your future. I I (Spends most of his time going arcvnd in circles I (A long journey ahead. On foot I (He's all over the place.) I (Nothing much happening here.) I I (About to wm a trip to London on
      241 words
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  • THE WORLD 1
    • Article
      Lock icon US industrialists back moves to cut budget deficit
      375 10 Reuter TALK OF TAXES, the word that sends chills up the spine of President George Bush, has failed to stir some of his biggest backers, members of the elite Business Council of 100 top US corporation leaders. Many of the powerful industrialists
      Reuter  -  375 words
    • Article
      Lock icon Sununu hits out at Democrats
      145 10 Reuter US PRESIDENT George Bush's chief of staff, John Sununu, sparked a new controversy on Sunday by blaming Democrats for making it necessary for Mr Bush to call a budget summit. Mr Sununu said on US television that the critical event in Mr Bush's decision
      Reuter  -  145 words
    • Article, Illustration
      Dubcek goes to Washington
      37 10 Former Czechoslovak Premier Alexander Dubcek, who suffered internal exile under the previous communist government, getting a little help with his robes before giving a speech at the American University in Washington last Sunday.
      37 words
    • Article
      Lock icon Baltic states appeal to Bush and Gorbachev
      297 10 AP BALTIC LEADERS have appealed to the presidents of the Soviet Union and the US for help in resolving the issue of their independence campaigns. The Baltic presidents, a day after signing an accord to revive a Council of Baltic States, stepped up
      AP  -  297 words
    • Article
      Lock icon Diplomats deny defection report
      184 10 Reuter DIPLOMATS in Hongkong yesterday said they knew China's former senior official in the British colony had travelled to the US, but denied press speculation that he might be planning to defect. They confirmed that Xu Jiatun, Beijing's de facto ambassador to Hongkong for seven years
      Reuter  -  184 words
    • Article
      Lock icon Australian immigrant quota too high: poll
      177 10 Reuter AN OPINION POLL shows that 65 per cent of Australians think the government's quota of 140,000 immigrants this year is too high and one in five believe there should be no immigrants at all. The Saulwick poll of 1,000 Australians, published in the
      Reuter  -  177 words
    • Article
      Lock icon ANC army ready to suspend armed struggle
      101 10 AFP THE AFRICAN National Congress's military wing, (Jmkhonto we Sizwe (Spear of the Nation) has said that it is prepared to suspend its armed struggle to give negotiations between the ANC and the South African government a chance. ANC military commander Joe Modise
      AFP  -  101 words
    • WORLD WATCH
      • Article
        Genscher confident of Soviet concession
        105 11 THE SOVIET UNION will eventually accept a united Germany belonging to the North Atlantic Treaty Organisation (Nato), says West German Foreign Minister Hans-Dietrich Genscher. In an interview with the weekly Der Spiegel, he added that the two-plus-four conference (the two German states and the four
        105 words
      • Article
        Poor sales for UK motor traders
        82 11 BRITISH MOTOR TRADERS experienced a sharp fall in sales last month, indicating that high interest rates are continuing to hit consumer spending. In a monthly survey of distributive trades, the Confederation of British Industry (CBI) said retailers' April results were mixed, and wholesalers' sales
        82 words
      • Article
        Record price for Rolls-Royce
        71 11 BRITISH BUSINESSMAN Charles Howard last Sunday paid a record US$2.B6 million in Palm Beach, Florida, for a cream 1907 Rolls-Royce Silver Ghost once owned by the Rockefeller family. A spokesman for Sotheby's, which ran the auction, said the price was a record for a Rolls-Royce, but
        71 words
      • Article
        Nepalese army on alert
        90 11 THE ARMY was mobilised and truckloads of riot police were stationed in a street near the Royal Palace last Sunday apparently as a preventive measure, witnesses in Kathmandu said. The move came as King Birendra and Prime Minister Krishna Prasad Bhattarai met in an effort to
        90 words
      • Article
        De Klerk off to Portugal
        144 11 SOUTH AFRICAN President F W de KJerk, striving to win European Community support for his programme of negotiated apartheid reform, flew yesterday to Portugal one of Pretoria's few firm friends in Europe. Diplomats said Lisbon planned to roll out the red carpet in the highest-level
        144 words
    • Article
      Lock icon UK building industry suffering downturn
      279 11 Reuter TRADING PROSPECTS in the UK building industry have taken a sharp turn tor the worse over the past quarter, says Britain's Building Employers Confederation (BEC) in its latest state of trade survey. It said yesterday that enquiries for new work, the industry's main indicator,
      Reuter  -  279 words
    • Article
      Lock icon E German treaty on Vietnamese workers
      98 11 Reuter VIETNAMESE WORKERS in East Germany may look for new jobs if laid off and get unemployment benefits, under amendments to a bilateral treaty agreed on Sunday. The East German news agency ADN, in a report from the Vietnamese capital of Hanoi, said the
      Reuter  -  98 words
    • Article, Illustration
      Lock icon Kohl acknowledges party's polls defeat
      367 11 AFP WEST GERMAN Chancellor Helmut Kohl has acknowledged the "painful defeat" of his right-wing Christian Democratic Party (CDU) in two key state parliamentary elections last Sunday, attributing the loss to fears about German unification. The CDU's setback to the opposition Social Democratic Party (SPD) in
      AFP  -  367 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      193 10 GOOD IDEAS KEEP COMING UP Compact. mmQI ffi*S BWTS^)^7SC^V if 'i-Mf' f I j**-i-t~ jv-g^^p^- 1) ipfij gyy^pi^py^ The new laser printer that's It emulates sof the most popular Flexible paper handling manual n i Va printers: HP LaserJet Series 11, Epson feed accepts even envelopes and small in size,
      193 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      290 11 SjjjftE TE A distinguished design, with excellent features to make this new phase another choicest investment per square foot. Few units of ground floor warehouses (from 1,335 to 5,000 square B Five minutes away from the world's busiest port fee») in flatted factory block four storey terrace factory of 10,000
      290 words
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  • Article
    The evolution of identity
    459 12 EDITORIAL FFOR A YOUNG nation like Singapore, developing a sense of identity among its citizens must be a crucial concern. At what stage of a country's development can such an identity be said to have formed? Minister of State for Education Tay Eng Soon recently offered
    459 words
  • WHAT THE OTHERS SAY
    • Article
      Celebration without joy
      266 12 LATER this week, Vietnam will celebrate the 100 th anniversary of the birth of Ho Chi Minh, the country's first president. But it will be a party without joy for its 63 million people. Since the end of the Vietnam War 15 years ago, Vietnam is still
      266 words
    • Article
      Regional role of bases
      119 12 THE United States and the Philippines are to begin exploratory talks today on the future of Clark Air Base, Subic Naval Base and several US communications facilities. The lease for these bases runs out in September 1991. In spite of the easing of global tensions, the
      119 words
    • Article
      Ties of the first water
      120 12 THE MOST important thing for Singaporeans tak- ing part in the development of Riau Islands is, perhaps, to contribute significantly towards the upgrading of basic amenities there and improving the lives of the local people. Only then can cooperation proceed smoothly. One example of mutual
      120 words
  • REGIONAL VIEWPOINTS
    • Article
      Another boom?
      167 12 OPTIMISM in the property market has continued to soar since its recovery towards the end of 1987 from the doldrums of recession. Revitalised by the economic resurgence, the property market may now be poised for what some of the more optimistic and highly inspired observers view to be
      167 words
    • Article
      Ray of hope
      171 12 THE CHINESE GOVERNMENT is bracing itself for the anniversary of the Tiananmen Square incident by starting to present to the world a more moderate face. The release of 221 dissidents last week was the latest conciliatory gesture from Beijing to both foreign critics and domestic pressure to
      171 words
    • Article
      Korean tightrope
      146 12 THE INDUSTRIAL UNREST and political demonstrations that have taken place in South Korea lately must be quite baffling for outside observers who expected that country to continue moving along its miracle-path under a dynamic and affable president, Roh Tae Woo, after its impressive hosting of the 1988 Olympics.
      146 words
  • Article, Illustration
    Lock icon A donor's dilemma
    611 12  -  Japan's growing financial muscle highlights an aid policy vacuum, says Scott Miller Scott Miller Reuter Cash-rich japan has enormous power in global lending agencies but poorer countries are concerned about how it will use its growing financial muscle, economists have said. Japan spent U553.94 billion on official
    Reuter  -  611 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      171 12 matters how you get there... V%{- U hitmanß ui -19 May 1990. Halls 4& 5. World Trade Centre, Singapore Just be there! Close to US$l55 billion will be spent in technology to help you keep your projects more ASEAN on major infrastructural projects over competitive. the next 10 years. With
      171 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      50 12 DOONESBURY WEIL. OWP&S, THAT'S NOTMN6UKS A UTTLE LAST- YOU MUST BE GO SIT IT FOR TONIGHT 1 1 AM MINUTE, INTERMITH, TRANS- THE FATHER WITH THE OUTAHERE! *2GENERATIONAL U/EPLOCK OF THE BRJDE' CATERER, A -JO STIR THE HEART, I LOVE THE WIU- YA, i TRULY' TWfffS THE&GOAY ALWAYS SAY 1
      50 words
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  • ANALYSIS
    • Article, Illustration
      Earth is bursting at the seams
      1064 13  -  Singapore, facing a dearth of babies, hopes to attain at least replacement-level fertility and hit the 4-million population mark. But the world as a whole is in danger of a population explosion as it adds another billion people during the *****. The next 10
      1,064 words
    • Article
      More than just a lot of hot air
      338 13 SINGAPORE is not the only place coming to grips with rising car ownership. As far as the United Nations Population Fund (UNFPA) is concerned, all countries should although its concern with this symptom of urban development lies solely on one score: exhaust
      338 words
    • Article, Illustration
      Marriages of inconvenience
      602 13 THE AGE at which women marry, and the ideal family size, are two side-issues in the United Nations' 1990 State of World Population report that Singapore can certainly identify with. Only Singapore and the United Nations Population Fund approach the issues from, as it were, diametrically opposite
      602 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      110 13 With aerodynamic lines and a low drag coefficient, little wonder it's way ahead of its time. One may liken the new Samsonite Focus many high-tech innovations Attache to a sports car, Proving once again, that the Focus Attache Its streamlined grip, smooth curves and is ahead of the competition. sturdy
      110 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      179 14 The Shape of New Power H •fe v- :i^^£ i M *f; -—Vila 111 n e Until now, the Mazda 626 has been the yardstick by which mid-size A test drive will prove that this is not just rhetoric. And there are other executive autos have been measured. pleasant surprises.
      179 words
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  • FOCUS 1
    • Article
      Lock icon Window to a new world for PC users
      770 15 INNOVATION &TECHNOLOGY EDITED BY WAJLTON MORAIS NYT LATE in 1983, with great fanfare, Microsoft Corp introduced a product that was expected to make personal computers easier to use. This month, the company is finally expected to deliver on its promise. On May
      NYT  -  770 words
    • Article
      More contraceptive research urged
      245 15 RESEARCH must continue for the ideal method of contraception one that is cheap, totally effective, riskfree, reversible, without undesirable side-effects and simple enough for use without medical provision or supervision, said the latest United Nations World Population Report. While no such method is yet on the
      245 words
    • Article
      Outlook for S'pore PCB makers bright, says Japanese expert
      492 16  -  By Teh Hooi Ling SINGAPORE'S printed circuit board manufacturers have received a boost from the Japan External Trade Organisation. Jetro recently arranged for Mr Shinji Shimazaki, senior coordinator of the field engineering division of Matsushita Electric Industrial, to lend expert advice
      492 words
    • Article
      MiniScribe to lay off 597 workers
      358 16  -  By John Tan AMERICAN disk-drive maker Mini Scribe, which has been under bankruptcy protection since January, yesterday announced that it would be sold to rival Maxtor and would retrench more than 600 workers, most of them from its Singapore operation. An announcement in San
      358 words
    • Article
      Fall of a company that grew too big
      252 16 ANALYSTS tracing its rise and fall say that Mini Scribe simply grew too big for its own good. Overprojected demand and stockpiled inventories were the main reasons for its massive losses. Touted as one of the world's largest disk-drive makers, Mini Scribe
      252 words
    • Article, Illustration
      Lock icon Fax and PC look set for a merger
      610 16 NYT THE personal computer and the facsimile machine are converging in a number of ways visible in products now reaching the market. But how the two technologies will ultimately be combined is anything but certain. For PC users, new add-on products allow
      NYT  -  610 words
    • Article
      TECH TAKES
      268 16 MOTOROLA Electronics* Ang Mo Kio facility has won its third Chief Executive Officer Award in six years for quality excellence under the company's zero defects programme. Motorola Inc vicechairman of the board Bill Weisz presented the award in Singapore. To date, only 35 such CEO awards have been
      268 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      543 15 KING'S HOTEL 1 Due to the upgrading of the hotel to be carried out In June 1990, the hotel has appointed Dominion Auctioneers. Appraisers Agents (S) Pte Ltd to conduct an auction of Its rooms contents to be 1 sold in 2 Phases. PHASE I I I Comprising 84 Guest
      543 words
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      Page 15 Advertisements Column 2
      2235 15 A SB m Focal Finance Limited (Incorporated m Singapore) rOCdl IriorlCw A Member of the OCBC Group BALANCE SHEET AS AT 31 DECEMBER 1989 1989 IMI 1989 IMS SHARE CAPITAL ANO RESERVES St S t CURRENT ASSETS Share Capital C«h Deposits and Balances with Banks (Note 5) 35.033,166 *****995 Authorised
      2,235 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      258 16 WE WANT TO BUY FROM YOU tl*fi ITDI OHlflwvliv CLbC(W I nUIXIUO vv LI L# (CONSUMEB ELECTRONICS INFORMATION SYSTEMS) IS LOOKING FOR NEW COMPETITIVE SUPPLY SOURCES IN THE SOUTHEAST ASIAN ARENA. VENUE HONGKONG CONVENTION EXHIBITION CENTRE 4TH FLOOR PERIOD: 29 (TUE 30 (WED), MAY, 1990 OPENING HOURS 10:00 17:00 PRODUCTS
      258 words
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      Page 16 Advertisements Column 2
      218 16 EVERYTHING'S AUTO/ An exciting car accessory from Hertz that makes most things automatic. AUTO NAVIGATION AUTO PARKING ~<h QIJ Pi AN\N > j Gets you through traffic to where you're going. Parks your car for you automatically (and even pays for all your parking AUTO CLEANING charges). r Cleans the
      218 words
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  • CORPORATE FOCUS
    • Article, Illustration
      Lock icon Will the rally last?
      996 17 On Friday the Dow climbed to just less than nine points below the record of 2,810.15, set on Jan 2. But there are some who would claim that caution should be the watchword in chasing stocks. NYT THE DOW JONES industrial average is within a few
      NYT  -  996 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      356 17 I GUCCI BRAND MANAGER This is a prestigious opportunity to work with one of the foremost renowned names in the international world of fashion. We require a highly motivated individual with strong leadership qualities to assume the position of Brand Manager. The successful candidate will report to the Divisional Director
      356 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      193 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. ■HiH ,^nn| For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338
      193 words
    • Advertisement
      Page 18 Advertisements Column 2
      315 18 A SBMttIING FORMATION appears TONIGHT AKM SCOnSWHD C ;AN( With its spectacular glass fronugc. the Canopy Bat lis the ideal pUcc to see the stars It's alvuSingapofc's newest and most exclusive rcralc/viiuv The Canopy Bar. upstairs at the Hyatt Merlion Buffet Promotion Truly local sweel and sour, spicy and tangy
      315 words
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      Page 18 Advertisements Column 3
      201 18 Horfft goiitfi Inftian F o o d F e s tj 1 15 May Lunch Dinner Only AdultS: $16.00 Children below 12: $10.00 ROSE GARDEN SICHUAN RESTAURANT W level 3, Golden Landmark Hotel M 0 Victoria Street. Singapore i The Art of Sichuan Qusine The Rose Garden Sichuan Restaurant offers
      201 words
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      Page 18 Advertisements Column 4
      323 18 P-* MM SmMQI^ ELEMENTS OF GKDONG The art of unlocking the delicate ijRW flavours of fowl, fish and game with nacoSnj subtle touches of condiments. That's 35th floor Guangdong cuisine. Taste for yourself its delicious variety at the Pine Court Guangdong Buffet Lunch May 1-31, Noon-2 30pm Adult: $26++, Child
      323 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      753 18 TELEVISION AND RADIO B f||TT fll j, w> mir TW—I ■■miiiwWilli mmmmtm inn ma i n umrnmtmmmmmmjmmmmmtKwmmwmrnMnmMrHrrr**"-**"*"*'**"*****'****'''''* Dog Records as bait to trap FHrsfc. BIiSINESS ON RADIO 11; r X 1 1 f~*i /X 1 ||$BCI2 Winston Newquay, one of 7.00 Cable News Network. I n rn Yl SI T
      753 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Faithfull: 43 and feeling fine
      1077 19  -  Mike Zwerin catches hold of Marianne Faithfull, singer and cult figure of the 60s, now on a current tour of Europe Mike Zwerin IHT WITH her unmistakable voice and its hoarse, passionate edge, and a fearlessly autobiographical repertoire featuring drugs, sex, violence and despair, Marianne
      IHT  -  1,077 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      197 19 AND ENTERTAIN Prelude To Austria's Gastronomic Repertoire. Come May 7 to 25, Hubertus Grill gives you a rare chance to savour Austria's rich and wonderful culinary classics, complemented by a choice selection of fine Austrian wines. Guten apetit! A® Century Park Sheraton Singapore 16 NASSIM HILL, SINGAPORE 1025. TEL: 732
      197 words
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      Page 19 Advertisements Column 2
      436 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GENERAL PHJNO CIVIL ENGINEERING CONSTRUCTION PTE LTD (In Members' Voluntary Liquidation) NOTICE H HEREBY QIVEN pursuant to Section 308(1) of th« Companies Act. Cap. SO that the Final General Meeting of the member* of the abovenamad
      436 words
    • Advertisement
      Page 19 Advertisements Column 3
      299 19 SfHAI garden restaurant THE ROYAL THAI SPECIALIST flf Reputable for its original Taste and Ambience Wide selection of Thai Specialities Tempting Thai Desserts Ala Carte Daily Authentic Thai Cuisine prepared by Famous Thai Master Chef The Great Thai Discovery That Doesn't Cost You The Earth! IIMI' ll A 1 I
      299 words
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      Page 19 Advertisements Column 4
      340 19 "Sizzling, Mouthwatering Steak Awaits You At Jack's Miramar" Succumb to itl 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. lit Jack's nf&h CjV 401
      340 words
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  • SPORTS
    • Article, Illustration
      Lock icon Norman named winner
      328 20 AP GREG NORMAN, who had two recent titles snatched from his grasp by last-hole heroics, was given one on Sunday by a last-round rainout in Dublin, Ohio. Norman, the third round leader of Jack Nicklaus' Memorial tournament, was declared the winner after heavy rain forced cancellation of
      AP  -  328 words
    • Article
      Lock icon Becker outclassed by Aguilera
      177 20 AP UNSEEDED Juan Aguilera of Spain, who knocked out three seeded players to get to the final, beat No 1 seed Boris Becker in straight sets on Sunday to win the US$ 1 million German Open in Hamburg. Aguilera confused Becker with his touch play and
      AP  -  177 words
    • Article
      Lock icon Navratilova run down by Seles
      165 20 AP YUGOSLAV teenager Monica Seles handed Martina Navratilova one of her worst defeats on Sunday, winning 6-1, 6-1 in the Italian Open for her fourth straight title. "I feel like I've been run over by a truck," Navratilova, the top seed, told the Foro Italico
      AP  -  165 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      291 20 soli J foundation for growtK in the Construction Industry ECICS Bonds and Guarantees. Let us give you the financial support you need in expanding your business. Whether it's bid bonds, performance bonds, or guarantees to private or public buyers, overseas or in Singapore, we've the expertise to do it. Besides
      291 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market ends firmer in active trade
      4498 21  -  By William Chia SHARE PRICES on the Singapore stock market closed slightly firmer yesterday in active trading as a lack of follow-through buying and profit-taking trimmed early gains. A dealer said the buying outburst at the market's opening came from investors who thought the
      4,498 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4176 22 Main Board SIA Foreign 2050 50 2.5% DBS 1290 +50 +4.0% FELS 50« 715 +50 +7.5% Shangri-La 1040 45 4.5% Sim um 273 +32 +13.3% Isetan 50* 915 +25 +2.8% SIA 200 1380 20 +15% OCBC Foreign 1070 20 +1.9% Nat Iron 960 20 2.1%
    4,176 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end higher despite profit-taking
      3719 23 Bernama, Reuter, MBT STOCK PRICES on the Kuala Lumpur stock market closed with pared gains on persistent profit-taking as investors turned cautious in the afternoon, brokers said. The Kuala Lumpur Stock Exchange Composite Index ended 7.57 points higher at 562.83 after having reached a high
      Bernama,; Reuter,; MBT  -  3,719 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      462 23 Letter to Shareholders and Warrant Holders of Singapore Land Limited UIC ENTERPRISE PTE LTD (Incorporated in the Republic of Singapore) a wholly-owned subsidiary of UNITED INDUSTRIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) 14 May 1990 To The Shareholders and Warrant Holders of Singapore Land Limited Dear Sir/Madam Circular
      462 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      346 24 ewpf Date Vaar GraapNat Nat wrings Grass im to prvllt/tMS (L) par slur* divteand (*000) (canto) S Cathay Pac May 11 Dec 89 HK$3.321d($2,824d) 115.9(98 6) 210(180) H Negara May 11 Dec 89 $756($231) 10.1(3.1) 10(2) MISC May 10 Dec 89 M$430.682($390.195) 86 1(78.0) 20TE(15TE) S Trading May
      346 words
    • Article
      PRELIMINARY RESULTS
      214 24 Company Date Yur Group pro-tax Not earnings Gro*» inn to proflt/lo*« (L) p«r <Juro dlvMood (000) (cuts) BAJ May 10 Dec 89 M$6.308($8,277L) 7 5(—) 8(5) MBf Hldgs May 10 Dec 89 M$9,757($26.517j) M Plantations May 5 Dec 89 M$7.439($13,937) 2.8(10.3) 1(9 8a) Universal Cable May 4 Dec
      214 words
    • Article
      INTERIM RESULTS
      139 24 Company Date Half-year Group pro-tax Intorin ann to profit/low (L) dMM ('000) Spore Land May 4 Feb 90 $25,132($10.850) C4C May 4 Mar 90 $46.270($21.667) 4(2 9a) C&C Bintang May 3 Mar 90 M$14.337(S7.596) 5(4) Cerebos Apr 27 Jan 90 $33,904(130.676) SPH Apr 27 Feb 90 $84,977(160.194) 8(8)
      139 words
    • Article
      CORPORATE DEVELOPMENTS
      424 24 May 14 tana Electrical Industries is selling its leasehold land and building in Jurong to Keppei Corp for $14 2m Trading in Pan Padfic Pubicatiora Ltd s 31.532 m shares commenced today on Sesdaq Time Engineering Bhd has entered into a conditional sale and purchase agreement to acquire
      424 words
    • Article
      DIVIDENDS ANNOUNCED
      1311 24 Current Ex Bocks Date Tatel far Tatel far payment data dose payable tha year last year A8N 15* May 3 N*A May 16 29* 28% A vino 15%TE Feb 28 Mar 12 May 15 25%Tt 25%TE BAJ 8% Jun 8 Jun 22 M 2 8* 5* Boustfjd 5%
      1,311 words
    • Article
      RESULTS DUE
      349 24 Singapore Stocks Last Fal Vaar Conpm Pmd DaM Y«r MER hn Art lartyw C S'OOC BMT intwrn ten 77 Jim 90 169 6 100 0 516 betan Fnrt Frt> 28 Mo* 89 39.1 10.0 11,728 MraMo Fral Mar 27 Dec 89 *****1 Imh| Mot Intenm Mar 30 Ok
      349 words
    • Article
      APPROVED ISSUES
      291 24 Company Rights Issue Dpgfc One-tor «w $1 85 per share b-date Apr 23 Books Close: May 7 Acceptance i Payment NYA Unfu One tor-one MSO 70 per share b-date Apr 9 Books dose Apr 24 Acceptance t Payment tun 12 MC8 Hdp Three-tor We MSI 15 per share
      291 words
    • Article
      PROPOSED ISSUES
      295 24 Company Rights Issim CauMway tov reduction ghn Id redace par value of stares from SI 00 to JO 60; Rights ssw of 3:2 SO 60 per shart FK8 Orator-one ft MS0.50 per share Fabar IM One-tor-one MS0.25 par Am. Mtowed by a share swap of fve Faber Merki
      295 words
    • Article
      BONDS, LOANS & WARRANTS
      654 24 BONDS, LOANS WARRANTS CiwMny CmhtiIm parted Cwwnlw t— ter mm trtktmy ttmn Cauwway Laan CauMway Nt 2/10/89 to 20/10/94 1 warrant plus SI cast) or 1 warrant plus SI nomnal amount of loan stock. Chan ltj> Notes Qnan H* Nt March 87 to 31/12/91 1.55 warrants plus 5155 cash Chun
      654 words
    • Article
      COMPANY MEETINGS
      120 24 Keppei France Limited: AGM and EGM at the Board Room, Keppei Finance Ltd, 325 Tek>k Btangah Road, Singapore 0409 on Tuesday, May 15, at 10.30 am. MeM Box Sagapore Ltd: EGM at Omni Marco Polo Hotel, Grange 1 Room, Mezzanine Floor, Tangtin Road. Singapore 1024 on Wednesday, May
      120 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      353 24 NOTICE NOTICE IS HEREBY GIVEN that, I, WONG CHAN AN of No. 2A, Jin Masjid Singapore 1441 have applied for a Beer house, first class licence in respect of premises at M/s TAI CHONG WAH EATING HOUSE at 401, Changi Road, Singapore 1441, and that this application will be heard
      353 words
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      Page 24 Advertisements Column 2
      365 24 NOTICE NOTICE IS HEREBY GIVEN that, I, TAN TING KOON of Bik 26 Jalan Berseh #10-164, Singapore 0820, have applied for a Public House First Class (Extended) licence in respect of premises at M/s THE CANTON SQUARE PTE LTD at 304, Orchard Rd, #03-25, Lucky Plaza Singapore 0922, and that
      365 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Yen's strength keeps share prices buoyant
      2292 25 Reuter TOKYO stocks ended higher yesterday, maintaining the gains of a more than 400-point early morning surge in the benchmark Nikkei Average. Brokers said the stronger yen, whose recent levels have determined the difference between a bear and bull market, buoyed sentiment. "For the
      Reuter  -  2,292 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Profit-taking, political jitters limit gains
      2519 25 Reuter HONGKONG stocks ended firmer yesterday on sharp gains in New York last Friday and the television appearance of China's strongman Deng Xiaoping, quashing market-weakening rumours that he had died. But light profit-taking and political jitters pared early gains of some 28 points, Hongkong's initial
      Reuter  -  2,519 words
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  • REGIONAL STOCK MARKETS
    • Aussie index posts largest gain in 2 years
      • Article
        SYDNEY
        1008 26 AUSTRALIA'S sharemarket yesterday posted its largest single-day rise in more than two years to break through the technically important 1,500 level, gaining momentum from a near record rally on Wall Street last Friday. At the closing bell, the All Ordinaries Index rose 32.1 points or 2.2 per cent, to
        1,008 words
      • Article
        BANGKOK
        690 26 THAI STOCKS yesterday closed sharply higher on a broad front with finance and commerce issues leading the rally. The SET Index rose 10.07 points to close at 887.78. Advances led declines 104 to 37. Turnover stood at 27.59 million shares valued at 2.83 billion baht. Most active were Star
        690 words
      • Article
        JAKARTA
        407 26 PRICES on the Jakarta Stock Exchange closed lower yesterday, pushing the index 12.70 points down to 630.61. Slow trading pulled Astra subsidiary United Tractors back to 29,500 rupiah from Friday's 34,000 on turnover of 3,000 shares. Tyre maker Gajah Tunggal dominated the regular market at 176,000 shares, but it
        407 words
      • Article
        MANILA
        574 26 PHILIPPINE shares closed mixed in thin trade yesterday as most investors shunned the market on the opening day of exploratory talks on the future of US military bases in the country, brokers said. The Manila Stock Exchange Composite Index firmed 0.67 points to 977.08. PLDT, gaining 2.50 pesos at
        574 words
      • Article
        SEOUL
        841 26 SEOUL stock prices fell for the fifth consecutive session yesterday after institutional buyings failed to prevent a slide in weak trading. The Composite Index closed at 734.42, down 14.66 points from Saturday and representing a 7.8 per cent fall since last Tuesday. "There's no clear sign of an economic
        841 words
      • Article
        NEW ZEALAND
        309 26 LEADING New Zealand shares closed sharply higher yesterday on moderate-to-quiet turnover, with dealers looking to Wall Street overnight for a lead on the local bourse's immediate direction. "The market really came through on the back of Wall Street," Scott Richardson of Jordan Sandman Were said. "Where it goes
        309 words
      • Article
        TAIPEI
        322 26 WEAKNESS in the financial sector yesterday pushed the Taiwan stock index lower and glum investors kept daily turnover at its lowest level so far this year. The Weighted Index fell 86.16 points, or one per cent, to end at 8,275.02 against Saturday's 8,361.18 finish. Turnover was NT562.68 billion against
        322 words
      • Article
        BOMBAY
        34 26 BOMBAY shares drifted lower in nervous trading yesterday after newspaper reports of troop mobilisation along the India-Pakistan border sparked fresh fears of war. The Bombay Stock Exchange Index fell 13.67 points to 774.75.
        34 words
      • Article
        Untitled
        421 26 Close PrcvfaMH May 14 May II SYDNEY All Ordinaries Index 1,516.8 1,484.7 +32.1 All Industrials Index 2,350.9 2,295.1 +55.8 All Resources Index 879.0 864.3 +14.7 Turnover (million) 101.50 NA BANGKOK SET Index 887.78 877.48 +10.07 Turnover (nearest'000) 27,590 25,029 2,561 JAKARTA Composite Index 630.61 643.31 -12.70 Turnover (nearest'000) NA 6,182
        421 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Interest rates expected to drop farther this week
      686 27 NYT MANY participants in the credit markets say they expect a further decline in interest rates this week, as more investors in fixed-in-come securities become convinced that the Bush Administration and Congress are moving to confront America's budget deficit. New signs of
      NYT  -  686 words
    • Article
      Lock icon Danish economic woes neither better nor worse
      333 27 Reuter DENMARK's external current account and state budget shortfalls and high level of unemployment are expected to continue around current levels, the Organisation for Economic Cooperation and Development (OECD) said. In its 1989/1990 economic survey on Denmark, the OECD said: "The outlook is
      Reuter  -  333 words
    • Article
      Lock icon Simulation programme for M'sian bankers
      108 27 Bernama THE INSTITUTE of Bankers Malaysia (IBBM), Malaysia's national banking institute, has, together with some parties, developed a foreign exchange (forex) and money market simulation programme. The programme is designed to simulate a realistic dealing room dealing environment to train bankers in forex and money
      Bernama  -  108 words
    • Article
      FINANCIAL FUTURES AND OPTIONS
      1449 27 SIMEX ENtHUM Open High Low Sett Est Vol Op/lnt Voi Jun 90 91.63 91.64 91.59 91.60 3645 ***** 4^6 Sep 90 91.57 91.59 91.53 91.55 9234 ***** 8826 Dec 90 91.38 91.40 91.35 91.37 1621 3600 1757 Mar 91 91.17 91.19 91.17 91.18 364 607 457
      1,449 words
    • Article
      US$ rises on technical correction
      483 27 FOREX MARKET REPORTS THE US dollar, after taking some heavy beating towards the end of last week, rose against the yen and marks in active short-covering yesterday during Asian trading hours. In Tokyo, the greenback had earlier opened at 152.45 yen and 1.6452 marks, its
      483 words
    • Article
      INTERBANK FOREX RATES
      390 27 Cross rates Ma y u US$ S$ MS Dm Yen SFr A$ NZ$ US$ 1.8525 2.6940 1.6450 152.80 0.5970 1.4015 1.3167 1.7528 SS 0.5398 1.4543 0.8880 0.8248 0.3223 0.7565 0.7107 0.9462 MS 0.3712 68.76 0.6106 0.5672 0.2216 0.5202 0.4887 0.6506 Dm 0.6079 1.1261 1.6377 92.89 0.3629 0.8520
      390 words
    • Article
      MONEY MARKET
      563 27 Interbank rates SS Bid Offer Overnight 5 7/8 6 1-month 7 3/8 7 1/2 2-month 7 1/4 7 3/8 J-month 7 3/16 7 5/16 mode: 6-5/16 ISS Bid Offer 7 days 8 3/16 8 5/16 1 month 8 3/16 8 5/16 2 months 8 11/32 8 3/8 3
      563 words
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  • COMMODITIES
    • Article
      Lock icon Sarawak rethink on hill forests
      364 28 Bernama SARAWAK will review its policy on hill forests with a view to expanding the acreage of permanent forests to six million hectares from the present 4.6 million hectares, Chief Minister Tan Sri Haji Abdul Taib Mahmud said in Sibu on Sunday. The revision, he
      Bernama  -  364 words
    • Article
      Lock icon Riyadh plans more US oil ventures
      122 28 Reuter SAUDI Arabian Oil Minister Hisham Nazer says his country plans more joint oil ventures in the United States and other countries. He was speaking on his return from New Orleans where he visited refineries and outlets of Star Enterprise, a joint venture between
      Reuter  -  122 words
    • Article
      Lock icon Iran thinks oil price too low
      260 28 Reuter IRANIAN President Ali Akbar Hashemi Rafsanjani said world oil prices should be higher and urged fellow Opec members to work for a "just price". Tehran Radio, monitored in Cyprus, said he was speak- ing at a meeting with visiting Omani Petroleum Minister Said
      Reuter  -  260 words
    • Article
      Tin price eases three sen on selling pressure
      816 28 REPORTS THE price of tin eased three sen to M$ 17.17 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday on poor buying demand and selling pressure. Opening bids of 71 tonnes against offers of 118 tonnes pushed down the price
      816 words
  • Article
    PRICES
    1292 28 Rubber m« y u MS In fl») S cents/kg Noon Close Int I RSS Prompt 157 001 i58.00N I57.2V158.25N Int 1 RSS June 90 I58.7VI59.25 159.00/159.50 Inl I RSS July 161.00/161.50 16I.2VI6I.75N Int 2 RSS OP I5l.00/153.00N I5I.2VI53.25N Inl 3 RSS OP 145.50/147.50N I45.7VI47.75N Inl 4 RSS OP 14I.50/I43.50N
    1,292 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      851 28 NOTICE NOTICE IS HEREBY GIVEN that, I Helen Wei-Eng Wang of No 29, Grange Road, #09-02, Grange Towers Singapore (0923), have applied for a Beer House, First Class licence in respect of premises at M/s Udai-Jin Japanese Restaurant Pte Ltd. at Passenger Terminal 2, Singapore Changi Airport #0364)87, Singapore (1781),
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      Page 28 Advertisements Column 2
      15 28 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1035 29 aty FMtfct ETA Figt ETD Aba DbaM GA893 1045 GA892 0110 GA974 2359 ruililift sq226 2035 UF82 2200 wHm KL837 1430 GA892 0110 SQ23 1810 SQ24 2200 GA974 2359 AtiMM QF16 li20 SQ24 2200 0A471 2205 Aackiand TE25 i 800 TE28 1920 SQ388 2200 Babrai* QF5
      1,035 words
    • Article, Illustration
      French town offers earthy charms
      798 29  -  LETTER FROM ALBI By Nigel Spivey LA TERRE charnelle: the carnal earth, the earthy earth. That is what France is. As soon as you plant your feet on French soil you know that your senses are set for a field day. The further south in
      798 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4010 1.4210 Canadian dollar 1.5590 1.5790 NZ dollar 1.0450 1.0950 Sterling pound 3.0920 3.1120 US dollar 1.8470 1.8570 Locml dollar* to 100 units of foreign currency Austrian schilling 15.80 16.80
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      76 29 Duration Title Venue Organiser Td Duration Title Venue Onnaer 5? Birmingham, May 13-18 The Options Insead's The Options 312-322-2574 England Workshop Campus Workshop May Lisbon Portugal Associaco *****30 International Industrial May 14-17 World Express WTC A Vista Triangle 494-*****4 p air Portuguesa Conference IntT Hotel, Communications Exhibition
      76 words
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      Page 29 Advertisements Column 1
      56 29 f— 0 j -y ~y liu huMfH*» pcr«on'« khouv c\cr\ Tucmljx. I J g I M I lhurNilj\.s.ituril.i\ .indsuniljv.lcj\ir};( hjngi I 1 W\ I \irpi>n .1! 22. hour* uul irrmns; .11 I J S -JL -JL lntcrn.uion.il \irp"rt (he lolliming ita\. A l> i: I \T ii (>1 Fi: i:
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      Page 29 Advertisements Column 2
      181 29 LEAKS IN THE SYSTEM? f»|ff A crisis ensues and an enquiry is 1 K vi .^^^^^^wfalisilhaflPfi^^M scheduled to discuss the extent of the I damaqe. Avoid unnecessary finger- W A BmBB W I IH^B pointing by providing visual evidence. T i r "•^.f^M^\ Polaroid's Spectra Camera gives you j/ the
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      329 29 1 With one's name in credit mm hJ provide the goods (8) H| pi 5 His chariot of fire was a 3 heaven-sent blessing (6) 9 Given plenty rope they H| |H| IH take some beating (8) -—PH HL IH 10 Appears to be a trick, but make light of
      329 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      210 29 Singapore Outlook: Showers over several areas in the evening. Report Max temp. 32. I* Assoc humidity 73% Min temp. 25* C Assoc humidity 88% Hrs of sunshine 5.3 Rainfall in mm.. 0.4 Rainfall this mth 169 Rainy days this mth 4 World forecast Asia-Pacific Hi/Lo* Good. Auckland 17/11 Showers Bangkok
      210 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      54 29 n.LUJiI iTUPiT'S umptt then said p\6oot I /no-6ut Tucflr iops ft Lotl M«T?\ul WnUR BOOK 1 TH6. ORL6CTS OP U> F TPkUC *BOUT IT J "UVUG OeWUjNlUfc 1 e°fsT^G J fM^Nstoe'oc' OR* \f~ w«x euyiNG DWmTTMWT" lilSSSean OF sw&SftJ V IS Pi NON EMENT—' \i 1 \1 PufrisuepfV FVttMMO ITAWOARD
      54 words
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  • Article
    Lock icon NEP doubts hitting investment levels: manufacturers' body
    325 30 Bernama UNCERTAINTIES over the post-1990 New Economic Policy (NEP) has produced a negative impact on the current levels of investment, Federation of Malaysian Manufacturers (FMM) vice-president Shiew Wan Shing says. In an article published in Forum 1990, a publication of the FMM, he
    Bernama  -  325 words
  • Article
    Asean-Aussie dialogue starts on Thursday
    365 30  -  By Shoeb Kagda SENIOR government officials and prominent businessmen from the six Asean countries and their Australian counterparts are due to meet here on Thursday for their annual dialogue forum. There will be full participation from the private sector, a feature which could become common
    365 words
  • Article
    Lock icon Muslim leaders back Suharto
    202 30 AFP PROMINENT Muslim figures in Indonesia have pledged their support for the re-election of President Suharto in 1993, adding confusion to recurring speculation on whether or not the incumbent leader would step down. Some 21 influential ulamas and leaders of powerful Muslim organisations have signed a
    AFP  -  202 words
  • Article
    Lock icon Former PM aide raps Thai policies
    189 30 AFP THAILAND'S "unilateral initiatives" on matters affecting the region have been advanced without due consideration of Asean's interests, says a former government adviser, adding that Bangkok should consult its Asean partners more on foreign policy to ensure regional stability. Sukhumbhand Baribatra, a former adviser
    AFP  -  189 words
  • Article
    Lock icon M'sia will accept Philippine decision on US bases
    206 30 Agencies MALAYSIA said yesterday it would accept any Philippine decision to allow US military bases to remain. "Malaysia can live with the bases that are already there," Defence Minister Tengku Ahmad Rithaudeen said in Kuala Lumpur. The US and the Philippines opened
    Agencies  -  206 words
  • Article
    Lock icon Moscow may think about joining Nato
    170 30 AFP THE SOVIET UNION might contemplate joining Nato if the Alliance "drops its old pattern of thinking" inspired by the Cold War, according to a Soviet official quoted by the West German daily Die Welt yesterday. Valentin Kopteitsev, a director in the Communist Party
    AFP  -  170 words
  • Article, Illustration
    Why Thai workers in S'pore became an issue
    652 30  -  The Bottom Line NARONGCHAI AKRASANEE NARONGCHAI AKRASANEE The writer, an economist and author of several works on Asean and the international economy, is currently Executive Vice-President of the Thailand Development Research Institute. THAILAND'S workers overseas have been a major source of foreign
    652 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      473 30 DaupHlN l RJ For the life of your back Dauphin (SEA) Pit Ud L—l Tel: *****00 gT SINGAPORE OF MANAGEMENT Motivating for Organisational Success May 28 29,1990 Fee: Ss66o SIM members/Ss72o non-members Objective: This course will prescribe motivational techniques and opportunities appropriate for today's enlightened workforce. At the end of
      473 words
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      Page 30 Advertisements Column 2
      4 30 More reports, Pg 9
      4 words
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      Page 30 Advertisements Column 3
      435 30 r Is DaupHiN IgSjjr For the life of your back Dauphin (SEA) Pit Ud T| Tel: *****00 YOUR CHANCE TO EXPLORE THE LATEST SOLUTIONS TO AUTOMATE YOUR MANUFACTURING OPERATIONS. ♦lA'W Asia Pacific Industrial Automation Exhibition and Conference 23 26 May 1990. 11am 6pm daily. Changi International Exhibition and Convention Centre,
      435 words
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  • Shipping Times
    • Article
      MLNG expected to call tenders for four tankers
      445 31  -  By Othman Abu Bakar MALAYSIA LNG (MLNG), a subsidiary of Petronas, expects to call by the end of this year tenders for four more liquefied natural gas (LNG) tankers to' carry gas from Bintulu, Sarawak, to customers in the Asian region. An
      445 words
    • Article
      Nedlloyd restructures operations to keep pace with worldwide demand
      230 31 THE NEDLLOYD GROUP has streamlined its shipping, fleet management and sales operations to meet the demand for total sea transport services worldwide. Under the restructuring, the group has amalgamated the shipping operations of the existing Nedlloyd Lines with the fleet management
      230 words
    • Article, Illustration
      Congestion at Indon ports a problem
      228 31 BOTTLENECKS at Indonesia's two main ports of Tanjung Priok and Tanjung Perak may pose serious transportation problems in the *****. These ports are expected to have difficulty coping with the surge in manufactured exports. Economist Mohammad Sadli, speaking at last Wednesday's seminar on Indonesia
      228 words
    • Article
      Lock icon Aeroflot to operate in Jakarta from June
      177 31 AP INDONESIA and the Soviet Union signed an air transport agreement on Saturday that will allow Aeroflot, the Soviet airline, to operate in Indonesia for the first time in eight years. Aeroflot will fly two round-trip flights between Jakarta and Moscow each week
      AP  -  177 words
    • Article
      Lock icon France may help develop airport in Chittagong
      158 31 AFP FRANCE may assist the private sector in Bangladesh to develop the country's second largest airport in southeastern Chittagong into an international facility, a French diplomat said in Dhaka yesterday. France may consider a long-term agreement to provide financial and technical assistance for
      AFP  -  158 words
    • Article
      Thai labour unions soften stand after talks with PAT
      271 31 THE SIMMERING conflict between the Port Authority of Thailand and the six militant dockers' unions in the country seems to have cased with successful talks held last Thursday. Speaking after the meeting, Thai Deputy Prime Minister Gen Thienchai Sirisampan described the
      271 words
    • Article, Illustration
      Schenker expanding its presence in S-E Asia
      413 31  -  By Rahita Elias GERMAN freight forwarder Schenker is boosting its presence in South-east Asia, with a new SIS million Singapore districentre and more offices in the region. Over the next two years, sales for Schenker Singapore, the group's regional headquarters, would grow "strongly"
      413 words
    • NEWS SUMMARY
      • Article
        The cruising bonanza
        51 31 IN THE FIRST of a two-part feature on the cruise industry, Mr A Kirk Lanterman, president of Holland America LineWest ours, observes the trends for the *****. Tomorrow Shipping Times looks at how shrewd pricing and packaging worked wonders in Singapore and Malaysia for the QE2 P»ge
        51 words
      • Article
        GL plans merger with E German counterpart
        35 31 HAMBURG-based international classification society Germanischer Lloyd (GL), has reached an outline agreement for the integration of its East German counterpart, GDR Ship Revision and Classification (DSRK) Back Page
        35 words
      • Article
        Ships classified as Environmental Class
        33 31 Five double-bottomed Suezmax tankers built in South Korea for Gotaas-Larsen are the first of their type to be awarded Det norske Veritas' "Environmental Class' PPI notation Back Page
        33 words
      • Article
        Statoil's profit up in 1st quarter
        44 31 PRE-TAX profit at Statoil, the Norwegian state-owned oil company, soared 181.8 per cent in the first quarter of 1990 to NorKr 3.1 billion (US$477 million) from Kr 1.1 billion in the same period the previous year Back Page
        44 words
    • LOG BOOK
      • Article
        DHL deal may be signed by end-May
        119 32 A CONSORTIUM of Japan Air Lines Co Ltd, West German airline Deutsche Lufthansa AG and trading firm Nissho Iwai Corp may sign an agreement to buy a stake in DHL Japan Inc by the end of May, but the size and price of
        119 words
      • Article
        German Wings not winging it
        87 32 WEST GERMAN airline German Wings GmbH, which initiated bankruptcy proceedings at the end of April, will not be rescued by a takeover, the airline's receiver said. Court-appointed receiver Eckart Mueller-Heydenreich said efforts to find a takeover partner for the airline had failed. "There will be
        87 words
      • Article
        Lines plan tie-up
        96 32 FINNISH shipping company Effoa-Suomen Hyorylaiva Oy said it and Sweden's Nordstjernan AB had agreed in principle to consolidate Effoa and the passenger service of Johnson Line AB, a wholly-owned subsidiary of Nordstjernan, to create a new company. Under the plan, Effoa would make a non-cash issue of
        96 words
      • Article
        Pakhoed sets its dividend
        84 32 TRANSPORT and storage firm Pakhoed Holding NV said it set the cash part of its 1989 dividend at 2.36 guilders. On April 4, Pakhoed said it raised the 1989 dividend to 6.60 guilders from 5.00 in the previous year. Shareholders can now take the dividend fully
        84 words
      • Article
        Stolt buys Singapore Clipper
        33 32 STOLT Tankers and Terminals (Holdings) SA has purchased 12,775 deadweight ton parcel tanker Singapore Clipper from Yano Kaiun of Japan for undisclosed terms and renamed it the Stolt Sakra.
        33 words
      • Article
        Canadian Pacific income falls
        61 32 CANADIAN Pacific's net income in the first three months of this year dropped to C 576.2 million (U5565.6 million) from C 5134.1 million the previous year, and the company expects the whole year results to be "significantly" below the 1989 performance. This is attributed to competition
        61 words
    • Article, Illustration
      Cruising strongly into the 1990s
      1480 32  -  At a recent Seatrade conference in Miami, Mr A Kirk Lanterman gazed into the crystal ball for cruising and noted its enormous growth potential worldwide. A Kirk Lanterman Mr Lanterman is the president of Holland America Line-Westours and also the chairman of Cruise Lines International
      1,480 words
    • Article
      TRANSPORT DIARY
      929 32 Feb 7-Jun 6: Sea Transport ewers transport geography, liner and tramp shipping, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no: *****45 (for members only). April 2-May 14: Course on Container Management by the Singapore National Shipping Association
      929 words
    • Article
      THE SHIPPING GUIDE
      12517 40 This is a list of ships loading Ast at Singapore for ports around the world. It tabulates, by Ati destination, the name of the Pn ship, the shipping line in- j* volved and the estimated dates of arrival and departure 15 from the Port of Singapore. Advanced
      12,517 words
    • Article
      SHIPPING AGENTS
      3383 45 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahrenkiel Uner Service: Kim Shpg A
      3,383 words
    • Article
      COURIER SERVICES
      210 45 Abacus owners Tel: 545-8011,448-6415. Air Express Service Td: 533-5771. Fa*: *****44 Airborne Freight Corporation Td: 542-8844 Fax: *****16, *****80. City-Unk International Td: 344-3377. Fax: *****50. Cluster link Supplies A Services Td: 296-5720. DHL International Td: 344-8911. Fax: *****61. DPE Courier Td: 284-6611 (7 lines). Fax: *****88 Emery Worldwide
      210 words
    • Article
      AIR FORWARDERS
      1474 45 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink KG Freight International Td: 545-5992. TeL°s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market Express Td.
      1,474 words
    • Article
      PORT CONDITIONS
      2068 46 ANGOLA i iMwfa' Eleven vessels berthed of which 3 general, 5 bulk, 2 Ro/Ro, 1 reefer, no vessels anchored; 2vessels due by May 20. Soyo: No vessels berthed/anchored; 3 vessels due by May 20. ARGENTINA Buenos Aires: Tug boat crews went on strike on May 4, but resumed
      2,068 words
    • Article
      AIR FREIGHT SCHEDULE
      500 46 ARRIVALS Op Flight Type ETA From TODAY KAL KE697 B747F 0155 SEL NCA KZ205 B747F 0215 NRT JAL JL6I7 B747F 0345 TYO CLX CV796 B747F 2359 LUX/DXB/HKG TOMORROW AZA AZ995 B70F 0235 SYD CAL CI333 B747F 0315 TPE SIA SQ801 B747F 0410 AKL THURSDAY KAL KE697 B747F
      500 words
    • Article
      SHIP SALES & TANKER RATES
      647 46 SHIP SALES TANKER RATES THE secondhand tonnage market was featured by the sale of two very large crude carriers to Norwegian buyers for about US$55 million each, brokers said. The vessels are the World Scare, of 267,390 tonnes dw and built 1978, and WorU Scholar of 268,112 tonnes dw built
      647 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        596 47 (tod (toy No B«1h Amvi Departure Voy No tjrti jwfcwl Departwe Keppd Wharves lenson 11/90E m 15 05/2330 16 05/0600 NtarAce 2 K30 alongside 1405/1830 Kris Madura 04W P1B 1405/1800 15.05/1430 Cape Maleas 0301W K17 alongside 15 05/0700 Linggariati 07/90 P28 15 05/1230 1605/0600 KapS*n 11NB K18
        596 words
      • Article
        CONTAINER SCHEDULE
        1700 47 RECEIVING"OF EXPORT FCL CONTAINERS AND LCL CARGO Trmstww Schedules Sty toy No Air Date fine From To Boofciic 6ate Bk Op Anro Asa ***** 16.05 90 1000 14/1200 14/1259 Portnet 2 E3 00 F05 15/0100 15/0129 NA 2 Anson *****N *****0 0700 14/1145 14/1214 Portnet 2 Q2 00
        1,700 words
      • Article
        IN MALAYSIAN PORTS
        381 47 Port Ktong Soutti Port: Bangramard berth 3; Million No 2 berth 4; Hong Soon I berth 9; Pernas Safari berth 7A KCT: Uni Mercy berth 8; Anson berth 9, Sea Glory berth 9 North Port HMS Westralia berth 11; Bangkhuntien berth 12; New Leading berth 13; Dashmzhai
        381 words
    • Article
      DAILY FREIGHTS
      974 47 SOVIET chartering after recent grain purchases featured on the freight market on Friday, brokers said. A 71,730 tonner for a trans-Atlantic round voyage was secured for US$lO,OOO per day, while a 61,883 tonner was booked for 9,000. Rates were static against similar Soviet business recently, they added. Grain
      974 words
    • Article
      Lock icon GL proposes merger with East German counterpart
      433 48 Lloyd's List HAMBURG-BASED international classification society Germanischer Lloyd (GL), has reached an outline agreement for the integration of its East German counterpart, GDR Ship Revision and Classification (DSRK). The proposed new organisation could add two million gross tons of seagoing ships to GL's
      Lloyd's List  -  433 words
    • Article
      Lock icon Mitsubishi to build special ship for radioactive waste
      150 48 AFP A SPECIAL double-hull ship designed to transport low-lev-el radioactive waste will be built at a cost of about three billion yen (US$l9.4 million), industry sources reported on Saturday. Work on the 100-metre long, 16-metre wide ship will begin at Mitsubishi Heavy
      AFP  -  150 words
    • Article
      Statoil's profit soars 181.8pc
      178 48 PRE-TAX profit at Statoil, the Norwegian stateowned oil company, soared 181.8 per cent in the first quarter of 1990 to NorKr 3.1 billion (US$477 million) from Kr 1.1 billion in the same period the previous year. The company attributed the sterling performance to increased oil prices,
      178 words
    • Article
      OSG's profit up slightly
      128 48 US-BASED bulk shipping operator Overseas Shipholding Group (OSG) made a slight improvement in profits on the back of a substantial increase in revenues for the first quarter. Net profit came to U5513.13 million (US$O.3B per share) compared with U5513.07 million ($0.36 per share) in the same
      128 words
    • Article, Illustration
      Veritas awards double-bottomed tankers as 'Environmental Class'
      218 48 FIVE double-bottomed Suezmax tankers built in South Korea for Gotaas-Larsen are the first of their type to be awarded Det norske Veritas' "Environmental Class' PPI notation. Introduced in late 1989, the PPI, 2 and 3 class notations supplementary to a ship's main class
      218 words
    • Article
      Lock icon Committee looks into claims of unfair treatment by Elder Dempster Lines
      223 48 AFP A GOVERN MENT-appoint-ed committee on Saturday ordered the Sierra Leone Shipping Agency, as agents for London's Elder Dempster Lines, to make available copies of British merchant shipping legislation, an informed source said in Freetown. The six-man team is
      AFP  -  223 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      71 31 rS SWB HBilG METAL CO PTE LTD ■4M 11TUA3 AVE 14. SINGAPORE 2251 TELEX RS»«7aSHMCI>I TEL: Ml S«ss(SknMt TtICFAX:MI 2W« in»so*T*m EOiara UMH CeWwHendNrs wd SMIB ml ■Jirw* MFT -wnKiMiTiuiM-SiMk •"W H IM jM OwvHriM| K #< njCKM hi '<«>'«« BfrrtSM design »inovation gehman ooauty enoineehwg ON SALE NOW -J
      71 words
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      Page 31 Advertisements Column 2
      47 31 Mr Forwarder? 15 to Frarfit Schedule II Contamer Schedule 17 Com Services 15 My Frethb 17 Inde* to Advertisers 3 Port Condtons 16 Shppng Agents 15 Shp<*« Gudl 10.11 Shinies/Tanker Rates 16 Ships m Port 17 Support Tiles 17 Transport Aary 2 Weather and Sea Conditions 17
      47 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      194 32 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
      194 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2039 33 C„ 1 JARDINC SHIPPING AGENCIES 200 Cantonment Road #12 05 South point, Singapore 0208 AllVfr TtH *****11 TELEX NO RS IffTTllll TERMINAL/CFS Tat *****18 220 F Pwflj BOOKINGS T«4 *****34 235 L\Sy A PESAKA JAROINE SHIPPING AGENCIES SON BHD I PORT KEIANG TEL *****18 TELEX NO MA***** MA***** w SSriSS
      2,039 words
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      Page 33 Advertisements Column 2
      979 33 MDEX TOfIDVERTJSERS Page CoJ P Cot T~~ 1 MISC 14 1-3 I Q J M'sia Shpg Corp 9 1/2 ABCConuincrlinc 13 5 c V Accord Shpg 8 3-5 *MOSK (Forest) 5 5 Albatros Sea-Air 14 5 Muliara Samudra 18 APC Line 14 4 Myanma 9 5 •apl 5 3-5 r
      979 words
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      Page 33 Advertisements Column 3
      2117 33 9 .Ti "ai 1 **i BM m I •> KM mm J k T i ■< a#— I *1 I^l Vessel Voy ETA I ETO 'Port 'Penang DESTINATIONS Singapore Kelang Th.» week Mefle M 9004 Feeder by cy ivs 0400 has Farco HRBI IHHI HH CFS 144 1800 MRS M
      2,117 words
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      Page 34 Advertisements Column 1
      1072 34 ROTTERDAM/ VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CARDIGAN BAY 95/557 17/5 12/6 5/6 6/6 4/6 11/6 BeRLIN EXPRESS 01/556 16/5 20/5 7/6 9/6 11/6 12/6 14/6 KURAMA 05/560 24/5 19/6 12/6 15/6 11/6 16/6 BENAVON 94/563 27/5 13/6 15/6 17/6 16/6 20/8 TOKIO EXPRESS
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      Page 34 Advertisements Column 2
      538 34 SOUTH PACIFIC SERVICE SIN POM SUV PPT ISLA FLOREANA 30/5 I(V6 17/6 2ili DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 30/5 if! 6/7 9/7 JOHOBE: <ff aa»U NORTHBOUND TO UKC S PORE I ROM/A DAM HBG HULL(U K.) CLYDEBANK V 2«N 19/5 14/6 WW TAMAITAI SAMOA V. I*N
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      Page 34 Advertisements Column 3
      1358 34 HmiamA&m REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALC BCL FEL HAM BRE ROT ANT LHA a IA (VIA (VIA .G) HAM) ROT) JAPAN SEA 011W 18/05 22/05 09/06 11/06 13/06 15/06 16/06 17/06 18/06 19/06 NORASIA SUN 9012-3 25/06 2STO 17/06 1906 21.-06 23/06 24/06
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      1495 35 Sj^Steamers Maritime Holdings Ltd] p&o WSk Containers J I accepts out sails II Voy No Spore P Klant S'ton H burj 8 hawnß'da® 101 l r*»en I MRLiN EXPRESS »VSSI IJ/OS IHM OM* WH W 0W» I CARDIGAN lAY W57 Ufiß ii* 1W BINTANG SCRIA VO9C Binl. Miri. KB Daily
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      Page 35 Advertisements Column 2
      1546 35 TO: EUROPE TQ: FAR EA§T SP IN ROM HAM B'HVN FLX SPOKE HK MO KOB BU HAN UN FELIXSTOWE OG7W IS/5 4/4 7/4 1/4 IW 11/1 CHOKAKC SUCCESS 00K 21/5 Jl/5 1/4 4/4 7/4 CHOVANCPAW OM 27/5 IV* 1M 14/4 1W 1* HANJIN TOUCHAE 073E 4/4 7/1 Iff 11/1 14*
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      18 35 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 31/5 KARACHI nhhn K.T.V. iwwomwnoN oa rrt) uix waMTfcMMtltaaM
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      Page 35 Advertisements Column 4
      321 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEKI AMBALIKA CHAMPION KOCHI TRADER VOY NO. 79 55 9 S'pore 28/5 31/5 P. Kelang In Pt 30/5 29/5 PMMg Hong Kong Yokohama Nagoya Osaka Scnboku Kashima Funabashi •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE
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      593 36 PT^TNKOMUOYO CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE WL/VOY S PORE R DAM/ H'BURG BREMEN ANTWERP AOAM •BAAB ULLAH/22W8 V 30/5 V* 111 Sf> 10/7 *.J BONTANG/21WB Jt-ItH »P »[> V* 21* FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO 4i<)|act to MucaranL AJao accepting carpo to CMriiira, ♦ort Said, tat Ataundrla,
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      Page 36 Advertisements Column 2
      817 36 HANJIN SHIPPING yy FULL CONTAINER SERVICE pin i sr "r iT sr-sr Er3ss?E fITISt, i i CHOYANC PARK 008W 26/5 1W 14/6 15* UP IM i<4f in HANJIN OAKLAND 008W 2/6 I 206 21/6 22/6 24ft 2S/6 HANJIN ROTTEROAM OOK 11/6 H PONANC 100E 8/7 8/7 CHOYANC SUCCESS OMW 16/6
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      Page 36 Advertisements Column 3
      1377 36 -i -ir4 |M M Ipkl sgp hkc ksc klc pus hkt osk tyo bal mv ami tn fu hk sgt I EVU GREET 14/S IN PT 23/5 21/5 2S/5 Wi 30/5 1/1 4/t 2M 10/7 11/7 12/7 13/7 li/7 7# EVE* GOLDEN 21/5 Oft )G i M/ 5 10 6/6
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      1426 37 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) BOOKINGS/ENQUIRIES: UK/EUROPE SERVICE *****19 AUST/INDIA/PAK SERVICE *****18 m B USA SERVICE *****16 FAR EAST SERVICE *****48 DOCUMENTATION: *****44/*****14 TERMINAL *****22 CFS: M 2 IMPORT: *****69/*****50 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA Kl.-*****3MMtdang-*****87^ FROM EUROPE/ B QrlA 8PBZ) l»iO-EUKUrE l)& tY|A ~rot
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      Page 37 Advertisements Column 2
      923 37 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 vtsstu |swt |mwii> mkoik" yoyaci yo*{ phlawc hhjrc ihaveh tiuury rott awtcrr K 6AWHIOV MO» OWE
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      Page 37 Advertisements Column 3
      105 37 11 McCALUm STMT mmmmmm m*+* natvot csntm W ■-f —MM T«tac RS2SI4O Tel: 222 Otl hE <«» CONTAINER SERVICE SIN-JKT-SIN VOY ETA SIN ETA JKT HAPAG LLOYD SUMATERA 906 17/5 20/5 PRASETIA 93A 16/5 19/5 PELOPOR 942 19/5 22/5 HAPAG-LLOYD SUMATERA 907 24/5 27/5 PRASETIA 95A 23/5 26/5' PELOPOR 943
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      Page 38 Advertisements Column 1
      1010 38 QQSQH VOY *INDO 'PK/PNG [~SGP LB CHLS NFK NYC HFX amrauadOß BRIDGE 28 14/5 15/5 17/5 9/6 19/6 21/6 23/6 27/6 Sfl M 25/5 w 5 an m XX m m w MCL FAIR 20 28/ 5 «/5 31/5 23/6 3/7 5/7 7/7 11/7 RAINBOW BRIDGE 24 4/6 5/6 7/6
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      Page 38 Advertisements Column 2
      1679 38 ■< BOOKING CONTACT f~ H FTD SIN (1 DAY) 0 o**) C OA*) MENA I 18/W/90 1 1» PORT KELANG PENANG BANGKOK 1 JACQUELINE —A TWICE/WKLY H BOOKING CONTACT H r Tn ciu (3 DAYS) *(2 DAYS) 0 OAY) 17/05/90 I HONG KONG KAOHSIUNG KEELUNG JOYCE/JUDY TWICE/WKLY Mwe r booking,
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      Page 39 Advertisements Column 1
      1611 39 PACIFIC INTERNATIONAL LINES (PTE) LTD gg JHf PIL Building, 140 Cecil Street HKXWO, Singapore 0106. I I BANGKOK I VESSEL VOY SIN JKT SIN 'VESSEL VOV SIN BKK SIN EOEN SOU 16/5 1M 23/5 IPEQASUS PIONEER UN 15/5 16/5 22/5 KOTA JADE 02SB 16/5 IS/5 21/5 IHAI HUI 77N IS/5
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      Page 39 Advertisements Column 2
      1166 39 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VOV I'" SPORE PKLANG SHAMPTON~| HAMBURG BHAVEN ffDAM LHAVRE Berlin Express' 01/558 18/5 19/5 7/6 10/6 12/6 8/6 Cardigan Bay 95/557 17/5 Via Ban 11/6
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      Page 39 Advertisements Column 3
      57 39 SUHANA OSS I HONG KONG 5/6 I APIA (WESTERN SAMOA) 30/6 I PAGO PAGO (AMERICAN SAMOA) 2/7 I PAPEETE (TAHITI) 6/7 I RAROTONGA (COOK ISLANDS) 9/7 I NUKUALOFA (TONGA) 12/7 I SAVU SAVU (FIJI) 14/7 I SM CMNECTW6 FfflWtS FCL 11/1, »/i I LCL 21/8 AGENTS: I BEN LINE AGENCIES
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      Page 39 Advertisements Column 4
      281 39 M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) I S pore P.Kelang Pen Bkok HPA-AN VI49W 10/15 MA* PAGAN VIS6W 17Hi MAY HTONEYWA V255W IS/IS MAY MYOMA YWA VI2BW 24/31 MAY THE BANK LINE (A *ervice of Andrew Weir Shipping) \Vr SEMI-CONTAINER SERVICE U HEAVY LIFT
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      Page 42 Advertisements Column 1
      699 42 ■DSR-UMgSM INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO UNITED KINGDOM NORTH CONTINENT EUROPE OUTBOUND SIN FLX BRE RDM ANT HBC RST T. WENOA 5* 23/5 16/6 l«/ 6 AMERICAN SEN WfOlf 29/5 21/6 22/6 23/6 25/6 26/6 0 GROTEWOHL 4,90 6/6 30/6 30/6 2/7 5/7 TAIWAN SEN WFOI9 12/6
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      Page 42 Advertisements Column 2
      1115 42 wc cotnnpmoNAjL «amat Vmml P KLG PMC PC. Loadinf for TONGCHUAN 30/3 Ro(ttr<U<n;An»wp YANCCHUAN 21/4 Rotttrdim, Antwerp CHINA IWI COWTAPtn MKKVICK VMMI PKL PNC SPORE BKK HKC SNA QIN LYC WEI NE 50 27/3 25/3 »/3 2 1/4 10/4 YANG FANG KOU 12S 31/3 29/3 5/4 11/4 lt/4 a/4 Accepting
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      Page 42 Advertisements Column 3
      334 42 SPORE PKL PNC HKG INC BSN HAI TING VOO5 14 May May JJ OCEAN CROWN VOOl 14 May V May II Hay 24 May 2» May 30 May SINGAPORE GLORY VOOS 25 May 24 May RACNA VOW 22 May 27 May 21 May 7 J«« 9 Jim BUSAN GLORY V
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      Page 42 Advertisements Column 4
      544 42 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA EXCLUSIVE ROUTES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka I IRAN Djulfa, Astara lETD SINGAPORE 17/5, 23/5, 28/5, 3/6 i 7/6, 9/6, 17/6, 19/6 E. EUROPE I:To all inland points: Poland, Bulgaria, Czech,
      544 words
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      Page 42 Advertisements Column 5
      529 42 ASEAN PORTS Ngow Hock vma [vov imwow umm i SHI BHUM 446N 1 Fri In Pt Mow 14fi PIYA BHUM 224N Sat 12/5 Tin g JIRA BHUM* 07N Hon 14/5 Thur 17/5 MAHA BHUM 09* 1 Wed 16/5 Fri gg MtKHANIK KURAKO M TNi 17/5 Sun 21/5 SHI BHUM 447N
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      Page 43 Advertisements Column 1
      1033 43 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 16/5 22/5 A VSL 25/5 31/5 (Conventional Service) ETA S'PORE LOADING FOR BANGLAR SWAPNA 20/5 CTG., MONGLA FAR EAST/MEDITERRANEAN SERVICE ETA S'PORE LOADING FOR BEL ABBES 26/5 Algier/Oran/Annaba/Skikda ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift 100 tons
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      Page 43 Advertisements Column 2
      184 43 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) m FAX: *****15/*****03 gj TELEX: RS ***** RISHIP (3 Lines) fW\ ETHIOPIAN SHIPPING LINES y J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOV ETA LOADING FOfl SPOWE anoinet T»we ie/os daressalaam mombasa. Djibouti assab. massawa.
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      Page 43 Advertisements Column 3
      587 43 MASKAPAI PELAYARaN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN
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      Page 43 Advertisements Column 4
      665 43 ITHIB bay of bengal services MADRAS CALCUTTA VESSELS VOY >m MAA M LEUVEII24 li/5 24/5 01/6 LEUVE 1125 04/6 01* 12/6 LEUVE 1126 12/6 11/6 27/6 LEUVE 1127 27/6 02/7 10/7 j VESSEL S/VOV SIN CCU SIN SUPER EIGHT 03M0 16/5 23/5 30/5 JORGEN VESTA 02W» 11/5 25/5 02/6 SUPER
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      Page 43 Advertisements Column 5
      326 43 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: m.v. 'TNT express" V 249 ETA 10/6/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN V*l Hfi Fli Ham Ant Fos/Mar Lhr S'pof TUT EXPRESS 30/4 11/5 13/5 "l/5~ 21/5
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      Page 44 Advertisements Column 1
      1173 44 A HAC-NELS SINCAPOREI awT TEL *****22 iipowt TIL *****02 TEL: (04) *****6 K K TEL: (088) *****0 TAWAU TEL: (089) *****9 KELANG TEL: (03) *****77 lIkuCHING TEL: (082) *****3 SKAN TEL: (089) *****2 BAHRU TEL: (07) *****2 S IBU TEL: (084) *****2 LABUAN TEL: (087) *****9 UV JUAKARTA TEL: (21)
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      Page 44 Advertisements Column 2
      80 44 TONG JOO SHIPPING PTE. LTD. ISO SOUTH BRIDGE RD., #13-02 A FOOK HAI BLOG TEL: *****93 FAX: *****52 TLX: ***** REGULAR WEEKLY CONTAINERISED/PALLETIZED SERVICE TO SARAWAK Vessel PGD SIN Destination GINA V 14E 19/5 20/5 SIBU, SARIKEI GINA II VOBE 16/5 17/5 KUCHING Receiving cargo daily at Pasir Panjang PB.
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      Page 44 Advertisements Column 3
      373 44 tTZW- BLUE star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. Pl* AUCK IVT MANOAMA 0572 In Pt H 22" y PREMIER OSS
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      Page 44 Advertisements Column 4
      927 44 jm THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH «na Iwt leti lin una m Itn \wm KIM SOON LI 20/90E 19 MAY PENANG JEHHOL 5/90E 22 MAY
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      Page 46 Advertisements Column 1
      35 46 Banking, Finance and Insurance Supplement BT's biggest and more established annual supplement will be distributed free with your copy of Business Times on May 24. Book your advertising space now. Call Joe Heng on *****76.
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  • Page 47 Miscellaneous
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      426 47 TIDES AND WEATHER OMMMM mm *4MMfIMN» ii m i»n nin -oTf- iw-i iw'iii TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 OGOO 0700 0100 ***************0-*****400 *****C00 **********00 2000 2100 2200 2300 JR 2.7 30 3.1 2.9 2.4 1.8 1.3 0.9 0.7 0.6 06 0.9 U 1.7
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      Page 48 Advertisements Column 1
      283 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI, '"f INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG SHALAMAR 13-15/5/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK 7¥(N S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 2-5/5 6-8/5
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      Page 48 Advertisements Column 2
      292 48 JiHYUND/XI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK SEA FROM PSW LBH OAK SEA HKG SIN HYUNDAI COMMANDER 17E IMB 24/05 11/06 14/06 17/06 HYUNDAI INNOVATOR 31N 16*4 19/04 22*4 10*5 17*5 HYUNDAI PIONEER 32E 25/05 31/05 11/06 21*6 24*6 HYUNOAI
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      Page 48 Advertisements Column 3
      498 48 CHARTPOINT Every Saturday in Business Times |v* racina Ma«w v«m4 |v* si«|lax \om |h«j iom. leg/ lnonim invci OUR USA fUBCA ffflMßW Jil< r" VIM 12/5 ALLKAKM FOITUM V MJ# 21/5 M W 12/1 WW W SERVICE CALLS miiCA MMuwiir m IwT mmTW wioi »i» ""sft WiwwM»» W g] SINGAPORE
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