The Business Times, 21 May 1990

Microfilm: NL17018
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Monday May 21 1990 75'
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  • NEWS SUMMARY
    • Article
      Top bankers give conflicting views on Australian economy
      82 1 TWO of Australia's leading bankers yesterday differed on the economic state of the nation. Nobby Clark, chief executive of the National Australia Bank, said the economy was in recession and the country should prepare for tougher times ahead in 1990-91. But Stuart
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    • Article
      Youth council formed
      19 1 A NATIONAL Youth Council has been formed to plan, coordinate and manage youth affairs Page 2
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    • Article
      Choosy companies
      22 1 SMALL and medium-sized enterprises have been been described as being rather "choosy" when moving their operations to Johor. Page 2
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    • Article
      Resort to be upgraded
      33 1 TIOMAN ISLAND Resort Sdn Bhd will spend about MsBo million over the next two years to expand and upgrade the facilities of its resort on Pulau Tioman Page 4
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    • Article
      No problem, says Dr M
      25 1 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has denied that his relations with the King are strained Page 7
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    • Article
      Soviet property reform
      30 1 SOVIET PRESIDENT Mikhail Gorbachev has called for the legalisation of private ownership of residential lots in an attempt to solve a critical shortage of housing. Page 8
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    • Article
      Rosand reviewed
      18 1 P Y VAN reviews last Friday's SSO concert with violinist Aaron Rosand as soloist. Page 19
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    • Article
      Service suspended
      24 1 WEST GERMAN carrier Columbus Line has suspended its West Australia-Far East service in the face of stiff competition. Shipping rimes Page I
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  • MARKETS SUMMARY
    • Article
      SES says 'no'
      24 1 DUE TO "moral considerations", the SES will not allow foreign stockbrokers to underwrite public offerings of local broking companies Page 3
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    • Article
      Hock Lock Stew
      25 1 HOCK LOCK SIEW looks at why the recent news of the privatisation of four Singapore Technology companies was so welcome Page 3
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    • Article
      Guthrie's motives
      18 1 WHY GUTHRIE GTS is so keen to establish itself in the information technology business Page 3
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    • Article
      Bomb for Nabisco
      24 1 A TICKING time bomb with RJR Nabisco Inc's name on it is wending its way through a US court Page 5
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    • Article
      London as HQ
      32 1 FOUNDERS of a new development bank for Eastern Europe have picked London as its headquarters and a key adviser to French President Francois Mitterrand as its head Page 6
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    • Article
      Sale prevented
      30 1 A GROUP of majority shareholders of Bank Utama (M) Bhd tried to sell off their shares to Arab traders but was stopped by the Sarawak government Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 791.05 +16.69 Kuala Lumpur .566.13 f6.67 Hongkong 2,925.89 +8.26 Tokyo 32.013.72 -47.88 Sydney 1,476.7 -4.0 New York 2.819.91 -11.8 London 2,269.1 -15.3
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.8540 Yen (100) SSl.2126 MS SS0.6862 Money market rates Overnight 6 1/8 t/8 3-montn 7 5/8 -1/8
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    • Article
      COMMODITIES
      22 1 Rubber S'pore June 160.00 Vkg +0.25 M'sia June 230.00 /kg unch K L Tin Turnover 62 tonnes -20 Spot M$l7.07/kg +0.02
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  • Article, Illustration
    S P Tao to continue as SingLand chairman
    595 1  -  Interview with UIC president Oei Hong Leong By Conrad Raj SINGAPORE LAND'S founding patriarch S P Tao will continue as chairman of the company although control has now passed on to United Industrial Corporation. In an interview with Business Times, UIC president
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  • Article
    Kaifu pledges to ensure US-Japan trade talks work
    580 1  -  From Margaret Thomas in ISTANBUL JAPANESE Prime Minister Toshiki Kaifu yesterday assured other Asia-Pacific leaders of his determination to make the US-Japan trade talks work. "I'm aware of the big role we are playing. I'm aware of our responsibilities. I pledge my
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  • Article
    Lock icon US labour activists jealous of Malaysia's progress: Ghafar
    297 1 AFP US LABOUR ACTIVISTS trying to persuade Washington to deny Malaysia trade privileges are out to "wreck the local economy", a newspaper yesterday quoted Malaysian Deputy Prime Minister Ghafar Baba as having said. The move was "prompted by people who are jealous
    AFP  -  297 words
  • Article
    Bank on this supplement again
    120 1 BUSINESS TIMES' annual banking, finance and insurance supplement is here again. This year's 52-page bumper package centres on the theme: Financial services sector: Leading Singapore's growth into the *****. Highlights of this year's supplement include an exclusive interview with both Lim Ho Kcc, chairman of
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  • Article
    SIA profits soar to new heights
    128 1 SINGAPORE AIRLINES is continuing to break records with after-tax earnings, for the year ended March 31, UN, surpassing the $1 billion mark and revenue exceeding $5 billion for the first time. And for this year, SIA expects passenger and cargo traffic to grow slightly
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  • Article, Illustration
    Ong Beng Seng's Sydney Hilton up for sale
    443 1  -  From Florence Chong in SYDNEY SINGAPORE-BASED investor Ong Beng Seng is said to be interested in selling the Sydney Hilton, which he acquired under somewhat controversial circumstances from Bond Corporation last year. However, Colliers International Hotels and Leisure, the agent for the
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      307 1 to Optical House Contact Lens Clinic I 1 Plaza Singapura *****68 TV> C *****05 Scotts *****22/3 Ki Liang Court *****12 Marina Square *****88 403 branches worldwide PRESIDENTIAL PROBLEM 11 SURPRISE THE NEW STRATEGY 12 FEW WOMEN BOSSES IN JAPAN 13 Aircraft Schedule 29 Money Changer Rates 29 World Stock Markets
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      Page 1 Advertisements Column 2
      8 1 More stories on Pg 2 and Back Pg
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      182 1 KSTERLINCjI I HOME FURNISHINGS I The look of success, #03/319-323 Marina Square. 6 Raffles Boulevard. Singapore 0103 Tel 338 8661 Full report Page 3 JU'SVEW EXECUTIVE CLASS. jjj! j^ yp,' jjjj' a*r~ I i ■■■■■■PWRiPfeS JAL knows how important a Economically designed to relaxing flight is if you want to
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Joining hands for the community
        85 2 MORE THAN 6,000 people joined hands to form a Unity Chain along Orchard Road last night. The event, which kicks off Community Week, was launched by President Wee Kim Wee. The chain stretched for about 500 metres from the Scotts Road junction. Besides cultural performances
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      • Article
        Singapore team for Brussels
        68 2 THE Deputy Speaker of Parliament and MP for Kebun Bahru, Lim Boon Heng, will lead a four-member Singapore delegation to the 7th meeting of the European and Asean parliamentary groups in Brussels this week. The 7th European Parliament-Asean Inter-Parliamentary Organisation (EP-AI-PO) meeting is from May 21-25.
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      • Article
        Progress towards goal
        82 2 SINGAPORE'S aim to be a high value-added manufacturing centre is fast being attained as more leading production and engineering companies invest in advanced factories and technical support centres here. According to the latest edition of Singapore Investment News, an Economic Development Board publication, these investments are aimed
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      • Article
        Gain and loss
        81 2 THE labour movement has curbed the decline in union membership through extensive recruitment drives but its gains are being eroded by a high turnover of members. According to the latest issue of NTUC News, union membership stood at 209,000 at the end of last year 12,000 higher
        81 words
      • Article
        Dutch mission in town
        72 2 A NETHERLANDS parliamentary committee for transport and public works is in town for a three-day visit. The delegation will call on the Environment Minister, Dr Ahmad Mattar, this afternoon and on the Minister for Communications and Information, Dr Yeo Ning Hong, tomorrow. The Dutch parliamentarians will
        72 words
      • Article
        Keep up good work
        71 2 MALAY pupils are performing better in schools and showing improvements in certain areas. But, said Senior Parliamentary Secretary Saidek SanifT on Saturday, there was still a significant gap between Malays and pupils of other races. He called on the community to "continue to work conscientiously" together
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    • Article, Illustration
      Johor areas: SMEs are selective
      341 2  -  By David Chew SMALL and medium-sized enterprises (SMEs) in Singapore have been rather "choosy" when relocating their operations to Johor, say property developers and housing agents in the southern Malaysian state. So they are adopting a "wait-and-see" attitude before expanding their operations to areas such
      341 words
    • Article
      National Youth Council formed
      220 2 A NATIONAL Youth Council comprising members from government ministries, statutory boards and major youth groups has been formed to plan, co-ordinate and manage youth affairs. Announcing this yesterday, Acting Minister for Health Yeo Cheow Tong said that the NYC, a key recommendation of the Advisory Council
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    • Article, Illustration
      BG Yeo suggests set-up of S'pore club
      500 2  -  A HOME AWAY FROM HOME From Margaret Thomas in ISTANBUL ISTANBUL may join the list of foreign cities able to boast of a Singapore Club. Five Singapore women, all married to foreigners working in Istanbul, are thinking of forming such a club so
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      331 2 If you have to sit on a plane pick a seat where you can for hours at a stretch, stretch for hours. 'JErt i Fully adjustable toprevent nn^aTU^^etU^ac^ei So airline's more laid back back wu ntm Our aid to business *k iKfe* Mnlfil expansion. You've got plenty L of mom
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      After-tax earnings at Singapore Airlines rise 22pc to top $1b
      672 3  -  By Conrad Raj SINGAPORE AIRLINES continues to soar above the competition with the latest set of financial results showing record earnings and revenue for the year ended March 31, 1990. While growth this time was not as robust as the
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    • Article
      Guthrie GTS sets up four units
      353 3  -  By Anna Teo AFTER A YEAR in the information technology business, trading and engineering group Guthrie GTS is set to gain a foothold in the market. The group, which sees "great potential" in the highgrowth IT industry, has incorporated four subsidiaries to handle various
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    • Article
      Market appetite whetted
      534 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh WHETHER OR NOT the privatisation of the four Singapore Technology companies was made with the stock market uppermost in mind, it was certainly welcome news to the market. The announcement last week that Singapore Aerospace, Singapore Shipbuilding and Engineering,
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    • Article
      CMB expects tough time for Thai canners
      256 3 THE CHAIRMAN of CMB Packaging Singapore Ltd's Thai subsidiary has forecast difficult market conditions for Thailand's canners and can-makers in the year ahead. Dr Yong Uahwatanasakul was speaking at an extraordinary general meeting of Metal Box Thailand in Bangkok last Friday to approve
      256 words
    • Article
      SES ruling disappoints some foreign brokers
      399 3  -  By Magdalene Ng THE PUBLIC OFFERS of local stockbroking firms this year have left behind some unhappy foreign securities houses who are disappointed at being kept out of the subunderwriting of the share issues. BT understands that in the public offering of shares in
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    • Article
      Lock icon Ganda plans refinancing
      367 3 Bernama GANDA HOLDINGS Bhd is to restructure or refinance certain of the group's borrowings which carry very high interest rates in order to reduce the group's gearing to a more comfortable level, its managing director Ngan Ching Wen said last week. He said in his latest annual
      Bernama  -  367 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      127 3 "Take me to the Hilton Buffet." He had dieted for so long, that he knew the scientific name for every species of lettuce. But there was more to life than calorie counting. He knew who to turn to, his long-lost luncheon partner. "Take me to the Hilton Buffet at the
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mitsui Real Estate ahead
        80 4 JAPAN'S biggest land developer Mitsui Real Estate Development Co Ltd said its net profit rose 28.3 per cent to 29 billion yen in the year to March. Mitsui said its sales climbed 28.6 per cent to 604 billion yen while the sales of Japan's third largest
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      • Article
        Duff holders approve rights
        92 4 DUFF Bhd shareholders have approved the company's proposed three-for-two rights issue of 20,934,540 shares at an issue price of M$ 1.65. A statement issued on behalf of Duff by D and C Mitsui Merchant Bank Bhd said that shareholders had also approved an increase in Duffs
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      • Article
        Maruichi confident
        73 4 MARUICHI (M) Steel Tube Bhd, which made a profit of about MS 19.5 million in 1989, is confident it can maintain its performance in the current year, chairman Zain Azahari Zainal Abidin said. He added in the company's annual report for the year ended Jan 31, 1990, that
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    • Article
      Lock icon Sungei Way plans to list associate company
      267 4 MBT SUNGEI WAY Holdings plans to list its associate company Sun Mix Concrete (SMC) on the Kuala Lumpur Stock Exchange by early next year. Group chief executive Datuk Jeffrey Cheah said after the company's 12th annual general meeting in Petaling Jaya over the
      MBT  -  267 words
    • Article
      Lock icon San Miguel incurs 21.6pc drop in income
      119 4 AFP SAN MIGUEL Corporation, the Philippines' largest private firm, said on Saturday that it had suffered a 21.6 per cent drop in net income in the first quarter of 1990. The diversified brewer's consolidated net income dropped to 441 million pesos (US$l9.4 million)
      AFP  -  119 words
    • Article
      Lock icon Why share applications are rejected
      348 4 Bernama THE MAIN reason for share applications being rejected is that applicants fail to comply with instructions, thus making their applications incomplete, general manager/chief executive of MIDF Consultancy and Corporate Services (MIDFCCS), Mr Abdul Rafar Maimunni said. He noted the other major reason was that
      Bernama  -  348 words
    • Article
      Lock icon Worldwide expects bulk of profit from hotel business
      318 4 Bernama WORLDWIDE HOLDINGS Berhad (WHB) expects its hotel business to contribute 60 per cent of the group profit of MS3.B million forecast for the current year, its chairman, Haji Zabir Bajuri, said. "The hotel business would ensure a steady income since its
      Bernama  -  318 words
    • Article
      Lock icon Malaysian Assurance Alliance returns to the black
      180 4 Bernama MALAYSIAN Assurance Alliance Berhad (MAA) has returned to the black with an operating profit of M 5946,000 for calendar 1989 after suffering a loss of M 52.998 million in 1988. It said in a statement on Friday that the improvement had been
      Bernama  -  180 words
    • Article
      Lock icon Uniphone sells unit stake to Sumitomo for M$8m
      170 4 MBT UNIPHONE Telecommunications last week signed a memorandum of understanding (MOU) to dispose of eight million shares of Msl each representing a 40 per cent stake in wholly-owned subsidiary Uniphone Cables (UC) to Sumitomo Electric Industries Ltd (SEI) for MsB million. The
      MBT  -  170 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Columbia Gas System puts unit up for sale
        53 5 COLUMBIA GAS System Inc, Wilmington, Delaware, a natural gas holding company, said it was offering for sale its Columbia Gas of New York Inc distribution unit, which has annual sales of US$65 million and distributes about 15 billion cubic feet of natural
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      • Article
        Pet supplies firm sold
        39 5 GANDER MOUNTAIN Inc, Wilmot, Wisconsin, an outdoor recreational equipment company, sold its Master Animal Care, Two Harbors, Minneapolis, operation, a mail order retailer of pet supplies, to Humboldt Industries, Hazleton, Pennsylvania. Terms were not disclosed.
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      • Article
        Japanese buy Dataproducts
        46 5 HITACHI KOKI Co Ltd, and Nissei Sangyo Co, both of Japan, said they had received and accepted about 14.8 million shares, or 94 per cent, of Dataproducts Coip, Woodland Hills, California, a maker of data-processing equipment. The shares were purchased at US$lO each.
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      • Article
        Huntingdon buys testing unit
        26 5 HUNTINGDON International Holdings pic, a biological safety testing company, will acquire Southwestern Laboratories Inc, an engineering and testing company, for U5526.2 million.
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      • Article
        Dutch plan US acquisition
        35 5 KONINKLIJKE Wessanen NV, Amsterdam, a Dutch food group, said its Crowley Foods Inc, Binghamton, New York, unit was in talks about buying Penn Dairies Inc, Lancaster, Pennsylvania, a frozen foods company.
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      • Article
        Marriott sale on course
        51 5 MARRIOTT CORP, Bethesda, Maryland, a hotel and restaurant company, said that the sale of its family restaurant business was proceeding as planned and that it was not in active negotiations to sell its family restaurants to a syndicate including Sizzler Restaurants International Inc, notwithstanding statements by
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      • Article
        Food distributor sells assets
        58 5 MEADOWDALE FOODS Inc, Detroit, a food distributor, agreed to sell the operating assets of its Great Scott retail division, including 30 operating stores and four stores under construction, to Kroger Co of Cincinnati, and the operating assets of its Abner Wolf Distributors wholesale division and four
        58 words
      • Article
        Investment firm buys Milnot
        37 5 TW HOLDINGS Inc, Spartanburg, South Carolina, a food service company, agreed to sell its Milnot Co unit to a corporation formed by Engles Capital Corp, Dallas, an investment firm, for about US$25 million.
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      • Article
        Rail switch in Ohio
        33 5 NORFOLK SOUTHERN Corp, Norfolk, Virginia, a railroad holding company, said it had sold 278 km of track and facilities in Ohio for about US$4O million to Wheeling Acquisitions Corp.
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    • Article
      Lock icon RJR Nabisco's unhappy bondholders seek action
      381 5 NYT A TICKING time bomb with RJR Nabisco Inc's name on it is wending its way through federal court. It's a lawsuit filed by Metropolitan Life Insurance Co. and JefTerson-Pilot Life Insurance Co which, if successful, could force the refinancing of some US$5 billion
      NYT  -  381 words
    • Article
      Lock icon EC warns Austria over Chrysler subsidy
      269 5 AFP THE European Community's executive has warned Austria over a subsidy to Chrysler Corp of the US for building an Austrian car plant that would compete with EC firms. An EC spokesman told reporters that the community "has the possibility" of imposing taxes on
      AFP  -  269 words
    • Article
      Lock icon Profit up at Citicorp's UAE unit
      149 5 Reuter CITICORP'S United Arab Emirates unit, the only US commercial bank still operating there, reported a leap in profits in calendar 1989 in line with a general economic improvement in the region. Net profit rose to 12 million dirhams (US$3.3 million) from 5.3 million,
      Reuter  -  149 words
    • Article
      Lock icon Maxwell after second Hungarian newspaper
      126 5 Reuter BRITISH publisher Robert Maxwell is poised to buy a stake in a second Hungarian newspaper, the official Mil news agency said on Saturday. MTI said Mr Maxwell's representative in Hungary, Joseph Lapid, signed an agreement on Friday with the publishers of the afternoon newspaper
      Reuter  -  126 words
    • Article
      Lock icon SEC orders Corporate Capital probe
      316 5 Reuter THE US Securities and Exchange Commission has ordered an investigation into Corporate Capital Resources Inc to determine whether it participated in the manipulation of its securities. Also to be determined is whether Corporate Capital misstated its ownership and the value of the shares of
      Reuter  -  316 words
    • Article
      Lock icon Hyundai workers likely to end strike this week
      154 5 AP STRIKING workers at Hyundai Motor Co arc likely to resume work this week at South Korea's largest car maker after resolution of most issues, including pay demands, union officials said yesterday. The officials said they tentatively agreed to resume work tomorrow,
      AP  -  154 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      86 5 ORGANISED. GLOBALISED. With valuable cargo to ship, you're looking for a carrier that plans ahead, a carrier whose organisation is second to none. You re looking for a carrier whose network spans the globe, a network that gives you fast access to the right destinations. WE'VE GOT WHAT IT TAKES.
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  • FINANCIAL NEWS
    • Article
      Lock icon Argentina to resume partial debt payments
      209 6 Reuter ARGENTINA, which has not made interest payments on its foreign bank debt for the past two years, will resume partial payments as a means of reactivating a USSI.4-billion loan from the International Monetary Fund (IMF), US bankers say. The bankers, who have had
      Reuter  -  209 words
    • Article, Illustration
      Lock icon E European bank goes for London HQ, French head
      415 6 AFP FOUNDERS of a new development bank for Eastern Europe have picked London as its headquarters and a key adviser to French President Francois Mitterrand as its head. The decision to select the British capital for the head offices of the
      AFP  -  415 words
    • Article
      Lock icon Taib explains govt action over Bank Utama
      323 6 Bernama A GROUP of majority shareholders of Bank Utama (M) Bhd tried to sell off their shares to Arab traders but the Sarawak government prevented their bid, Chief Minister Tan Sri Abdul Taib Mahmud said in Kuching on Friday. Speaking in the state
      Bernama  -  323 words
    • Article
      Lock icon ADB notes priced at US$300 million
      201 6 NYT UNDERWRITERS led by Shearson Lehman Hutton Inc have priced US$3OO million in notes issued ty the Asian Development Baak. The 9 per cent notes, which are due in 2000, were offered at a of 99.195, to yield 9.25 per cent, or about 56
      NYT  -  201 words
    • SMALL CHANGE
      • Article
        BNP acquires Californian bank
        76 6 THE Banque Nation ale de Paris (BNP) announced oa Saturday its takeover for some US$4O million of the Califomiar Central Bank which is to merge with the BNP's San FratoaSco affiliate, the Bank of the West. The resulting bank wiß t* the 10th biggest in California'
        76 words
      • Article
        BOJ's net profit down 65pc
        43 6 THE Bank of Japan said last Friday its net profit plunged 65.3 per cent from the previous half to 82.2 billion yen (US$54B million) in the six months to March due to paper losses on government bond holdings.
        43 words
      • Article
        Brazil to seek cut in payments
        30 6 BRAZIL'S chief debt negotiator said last Friday that the government would seek a large cut in foreign debt interest payments in negotiations with creditors.
        30 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      276 words
  • Page 6 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Indonesia, Argentina sign nuclear treaty
        64 7 ARGENTINA AND INDONESIA have signed a nuclear cooperation agreement, the National Atomic Energy Commission (CNEA) reported in Buenos Aires on Saturday. The agreement on cooperation in the peaceful use of nuclear energy was signed on Friday by CNEA Director Manuel Mondino and his Indonesian counterpart
        64 words
      • Article
        Manila's austerity measures
        109 7 PHILIPPINE PRESIDENT Corazon Aquino banned gift-giv-ing, new cars for government officials and ordered cuts in the use of water and light in government offices in austerity measures to take effect today. Mrs Aquino laid down 12 cost-cutting measures for all government offices and state-con-trolled firms under emergency
        109 words
      • Article
        US aid for refugee centre
        110 7 THE UNITED STATES will provide US$l million for the expansion of a refugee processing centre on the Indonesian island of Galang, Foreign Minister Ali Alatas said on Saturday. He said the money was promised by US Assistant Secretary of State Richard Solomon during talks on
        110 words
      • Article
        More M'sian fruit for Sweden
        98 7 SWEDEN IS prepared to market another four types of Malaysian fruits, Deputy Agriculture Minister Mr Kassim Ahmad said on Saturday. He said that the Swedish food importers association (IMPOD), which had popularised the star fruit and papaya in the world market, was keen to market
        98 words
      • Article
        Bulgaria recalls doctors
        114 7 SOFIA IS to cut back its assistance to Cambodia by recalling next week all Bulgarian doctors working in government hospitals in Phnom Penh, an East European source said on Saturday. He said the doctors would return home during the next week, while a Western medic working for
        114 words
    • Article
      Lock icon Tioman dives into further expansion
      402 7 Bernama TIOMAN ISLAND Resort Sdn Bhd (TIR) will spend about MsBo million over the next two years to expand and upgrade the facilities of its 81-hectare resort on Pulau Tioman, said its sales and marketing manager, Christine Woo in Kuala Lumpur on Saturday. She said
      Bernama  -  402 words
    • Article
      Lock icon It took courage: Aquino
      109 7 AFP PRESIDENT Corazon Aquino yesterday described as a "courageous" act the Philippines' move to ead its military bases agreement with Washiington, bat gave ao hint on whether she would negotiate a aew treaty. Maaila told Washiagtoa la talks ia Maaila last week that the carreat lease
      AFP  -  109 words
    • Article
      Lock icon Hanoi hits out at US economic embargo
      326 7 Reuter HANOI has accused US President George Bush of being more interested in keeping the Vietnam war alive through an economic embargo than seeking peace in Cambodia. "While many countries in the world and many American businessmen wish to broaden their relations with
      Reuter  -  326 words
    • Article, Illustration
      Lock icon Not true my relations with King are tense: Dr M
      210 7 Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday that he enjoys good relations with the Malaysian king, Sultan Azlan Shah. He denied allegations of strained relations between him and the king. Certain sectors were bent on giving
      Bernama  -  210 words
    • Article
      Lock icon Group 'no' to Manila's 'sin' taxes
      111 7 AFP THE Philippines' main business group declared its support in Manila on Friday for proposed financial reforms but said it opposed putting excise taxes on so-called "sin" products. Aurelio Periquet, president of the Philippine Chamber of Commerce and Industry (PCCI), lauded proposals by Finance
      AFP  -  111 words
    • Article
      Lock icon Call for Asia-Pac bloc to fight poverty
      267 7 AFP THAI Deputy Prime Minister and Defence Minister Chaovalit Yongchaiyuth suggested that the proposed Asia-Pacific trade bloc cooperate to fight poverty in the region. "If the new (Asia-Pacific) trade bloc was to be unified merely to compete with other countries in trade, or
      AFP  -  267 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      136 7 WE WISH THEM ALL A PLEASANT FLIGHT, SWEET DREAMS AND A FULFILLING STAY IN EUROPE. Tonight's the night when a gleaming 767 into a full night's restful sleep on our On every Monday and Friday, aboard people who travel on business, we'll be there to will take off from Changi.
      136 words
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  • THE WORLD 1
    • Article
      Lock icon Gorbachev wants property ownership legalised
      414 8 AP SOVIET PRESIDENT Mikhail Gorbachev has called for the legalisation of private ownership of residential lots in an attempt to solve the country's critical shortage of housing. The Tass news agency said that Mr Gorbachev, in declaring that old methods had failed to provide adequate
      AP  -  414 words
    • Article
      Lock icon Moscow expected to unveil shock measures for economy
      283 8 AFP SOVIET PRESIDENT Mikhail Gorbachev is expected to announce tomorrow shock therapy for the Soviet economy, iircluding moves towards a market system unparalleled in Soviet history. His Presidential Council, along with the Council of the Federation, are to meet tomorrow to hammer
      AFP  -  283 words
    • Article, Illustration
      Fiery protest by South Korean students
      31 8 A Sooth Koreas student leader sets fire to a US flag at a rally at Hanyang University marking the anniversary of the 1980 Kwangju uprising
      31 words
    • Article
      Lock icon Call for Pepsi boycott
      108 8 AP A COALITION of US war veterans and Lithuanian groups have called for a boycott of Pepsi products because of a new multi* billion-dollar contract between Pepsi and the Soviet Union. Jerry Kiley, a member of the National Steering Committee for American War Veterans, said last
      AP  -  108 words
    • Article
      Lock icon EC ministers pledge backing for Gorbachev
      191 8 AFP EUROPEAN Community foreign ministers meeting in Ireland over the weekend have pledged EC support for Soviet President Mikhail Gorbachev should his drive for economic reform be endangered. The ministers convened last Saturday in the seaside town of Parknasilla for two days of informal
      AFP  -  191 words
    • Article
      Lock icon S Africa should get investment aid: London
      261 8 AFP PRETORIA should be helped to get access to international capital, a spokesman for British Prime Minister Margaret Thatcher said last Saturday after she had talks with South African President Frederik de Klerk. The two met for 90 minutes at the Prime Minister's
      AFP  -  261 words
    • Article, Illustration
      Lock icon Taipei President proposes plan for peace with China
      320 9 Reuter TAIWANESE President Lee Teng-hui yesterday proposed ending four decades of hostilities with the rival communist government in Beijing to bring about peaceful reunification of Taiwan and China. For the first time, a Taiwanese president also publicly indicated a desire to drop
      Reuter  -  320 words
    • Article
      Lock icon Dalai Lama to help executives
      226 9 Reuter DUTCH COMPANIES have recruited Tibet's spiritual leader, the Dalai Lama, to give managers a culture shock that they say is vital to help companies survive fastchanging times. The exiled Buddhist leader will join scientists, painters and businessmen for "con-sciousness-raising" discussions in Amsterdam's Stedelijk Museum's
      Reuter  -  226 words
    • WORLD WATCH
      • Article
        China jobless rate may pass 4pc
        116 10 CHINA has raised the possibility that its unemployment rate could exceed 4 per cent this year due to Beijing's on-going austerity policies. Labour Minister Ruan Chongwu was quoted in the official China Daily last Saturday as saying that "without a set of strong policies
        116 words
      • Article
        TV journalists suspended in NZ
        73 10 TELEVISION NEW ZEALAND has suspended three journalists and says it intends to publicly apologise for a programme screened last month which alleged links between big business and the Labour government. Since the programme was shown, former prime minister David Lange and former finance minister Roger
        73 words
      • Article
        New head for Janata Dal
        52 10 SOUTH INDIAN POLITICIAN Somappa Bommai has been elected president of the Janata Dal, the main constituent of an alliance ruling India. Mr Bommai replaces Prime Minister Vishwanath Pratap Singh, who gave up the post in February this year. Mr Singh quit the post, advocating a
        52 words
      • Article
        Gandhi attacks govt policies
        92 10 FORMER INDIAN PRIME MINISTER Rajiv Gandhi has accused the current government of trying to push India into a war with Pakistan to cover up its own deficiencies. He told a party conference in New Delhi last Saturday that the government was trying to use war fears
        92 words
    • Article, Illustration
      Lock icon Honeymoon ends for Romania
      416 10 Reuter ANY HONEYMOON between the ruling National Salvation Front and the people will end after yesterday's elections when Romania has to try to rebuild its devastated economy, according to a senior Front official. "Whoever wants to come to power these days in Romania must be a
      Reuter  -  416 words
    • Article
      Lock icon More women heading Tokyo firms
      174 10 NYT IN 10 YEARS, the number of women who head Japanese companies has doubled, but women still account for less than S per cent of all Japanese company presidents, according to a recent survey. Teikoku Data Bank, Japan's largest credit-research firm, said that 4.52 per
      NYT  -  174 words
    • Article
      Lock icon Bush lauds progress at Moscow talks
      379 10 AFP US SECRETARY of State James Baker's meetings in Moscow marked a big step forward towards ensuring the success of the forthcoming US-Soviet summit in Washington, says US President George Bush. Speaking at the University of Texas last Saturday, Mr Bush said, however, that
      AFP  -  379 words
    • Article
      Lock icon Call for second treaty
      102 10 AFP WEST GERMANY'S opposition Social Democratic Party (SPD) has called for the negotiation of a second treaty defining the configuration of a future united Germany. In an interview to be published in the journal Express yesterday, SPD vice-president Herta Daeubler-Gmelin said a second treaty should resolve
      AFP  -  102 words
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      73 8 1990 We'd like to point out that on every one of the three daily flights to Bangkok you can expect a kind of hospitality that, like our age-old tradition, comes naturally. PASSENCER SERVICE Magazine L L For further information, contact your travel agent or Thai Airways International Ltd 13? Cecil
      73 words
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      561 9 WE WD BETTER THAN A 180 DEGREE TURN AND CAME IP WITH H® To say we did a complete change to upgrade would simply be an i 1 1 understatement. Singapore's latest music lounge. 181 at New Park f frr?'\' Hotel prides itself with refined decor, a lavish dance flcxir
      561 words
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      206 10 THE TIME MACHINE LANDS IN SINGAPORE ■&(&'>' k- M w l^^ I gft ,^-Jgftft^P^Wy v, On June 17 th Emirates' Time Machines land at Changi International Airport bringing a new style of travel and luxury to Singapore. Luxury evidenced by the generous slope and tilt of our First Class sleeper
      206 words
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      Page 10 Advertisements Column 2
      149 10 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subserving to cJapanSte^ JAPAN STEEL. JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price
      149 words
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  • ANALYSIS
    • Article
      Lock icon Weighing the US budget balancing law
      1165 11  -  The time to change the Gramm-Rudman-Hollings budget-balancing law has come. David Rosenbaum writes that the law could unleash devastating economic, political and social implications. David Rosenbaum NYT ONE POINT on which the budget negotiators from the White House and Congress seem headed for agreement
      NYT  -  1,165 words
    • Article, Illustration
      Lock icon Where have all the presidential men gone?
      812 11 The Democrats are left scraping the bottom of the barrel for presidential candidates two years ahead of the next election. AP TWENTY-FOU R months before the 1988 presidential election, the opposition Democratic Party was a hive of candidates busily seeking the party's nomination.
      AP  -  812 words
    • Article
      Lock icon Battle of Toyland: no kid's play
      724 11 Plans to open a Toys R' Us store in Japan face opposition Asahi News Service OFFICIALS of Toys *R' Us faced a battery of TV cameras and about 500 local merchants, residents and reporters at a public meeting last week to explain plans for
      Asahi News Service  -  724 words
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      131 11 -^^^^^^MBHWWWWWIBIItB^^^Wrri r r^^MlliiißMißßMlMMMs^ Singapore businessmen caught bird watching over lunch. You would too, with the kind of birds we buffet I)ian Xin, Soup of the day, Peking have. So delieiously oriental and dishily Duck, a main course from our 10 daily dressed that Siiiga{)orc businessmen arc changing specials and a
      131 words
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  • FOCUS 1
    • Article
      Faster billing means much faster payments
      488 12  -  SPOTLIGHT ON MANAGEMENT By Steven Choo Steven Choo is a consulting manager at Ernst Young Consultants. THE faster your bill reaches the customer's office, the faster you will see a cheque on your desk. The big challenge for most businesses is how to reduce
      488 words
    • Article, Illustration
      Lock icon Surprise — the new strategy
      744 12 Surprise the new strategy FT GIVE or take a few resilient exceptions, mana g e m en t fashions tend to last about five years. Yet the competitive edge which they give their followers is usually more short-lived, since everyone in the same industry tends to jump on the bandwagon
      FT; Punch  -  744 words
    • Article, Illustration
      Lock icon A dearth of women managers in Japan
      844 13 Women in managerial positions are still rare in Japanese corporate life and the few who have attained them have done so at the expense of family life, according to a survey. ENTERPRISE MANAGEMENT EDITED BY CHUANG PECK MING Asahi News Service. WOMEN managers
      Asahi News Service.  -  844 words
    • Article
      Conference on human resource management
      97 13 Labour minister Lee Yock Suan will grace a major threeday conference on human resource management in July. Topics for discussion will include staff retention, development of multi-skilled workers and training managers to manage across cultures. The event, to be held at the Shangri-La Hotel, is
      97 words
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      473 12 Lufthansa's Asian Commitment: \bur welcome begins well before you leave the ground. f .L j L {V: .f/'* P J■' IP t :i •-"1'« > V slf* Long before you step on board our aircraft, we like to be of assistance In the planning stage of your journey: hotel reservations,
      473 words
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      158 13 Memopad is on Page 14 By Special Release Of CHINA'S BUREAU OF ANTIQUITY HAN TANG Sculptures Furniture Paintings Date Fri 18th -Tue 22nd May 1990 Venue Singapore Chinese Chamber of Commerce, 47 Hill Street Time :11 am -8 pm NOTICE NOTICE IS HEREBY GIVEN that, I Tan Beng Chong of
      158 words
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      Page 13 Advertisements Column 2
      321 13 Canon kI(oB-Canon adds such lockstp VSg^l text and graphics *'fIJJ V C V /SSi^a§b4^ at such^^%^#r^pricea/ r\l vJ- vo\ Simple in design and operation, yet so -.7,7;;' 6 r c sophisticated in capability. That's the standard of <";;••'■ u ct#i^ Canon technology which makes these the best priced A 7."
      321 words
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      628 14 MEMOPAP Seminars and courses May 21-23 SQL/DS Data Base Design Institute of The NUS *****66 Systems Science May 21-23 Structured Analysis Institute of The NUS *****66 Workshop Systems Science May 22-29 Influential Presentation NPB Building Petemarketing *****00 Techniques Singapore Consultancy *****70 May 23 Business Planning SMA House Singapore Manufacuterer *****00
      628 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Can Chesnokov pass Muster?
      539 15 AP THOMAS MUSTER and Andrei Chesnokov both won third-set tie-breaks on Saturday to move into the finals ot the Italian Open men's tennis championships in Rome. Muster, the 10th seed from Austria, fought off three match points before downing No 3 seed Andres Gomez of Ecuador
      AP  -  539 words
    • Article
      Lock icon Someone's winning streak has to break
      304 15 AP STEFFI GRAF, the world's top-ranked woman tennis player, and third-ranked Monica Seles both won their matches on Saturday to advance to the Final of the US$5OO,OOO German Open in West Berlin. Both were to go into yesterday's final with long winning streaks and,
      AP  -  304 words
    • Article, Illustration
      Lock icon Butragueno's no kid
      437 16 AP SOME SPORTS WRITERS still call him El Nino the Kid. But boyish looks aside, 26-year-old Spanish captain Emilio Butragueno is a force to be reckoned with on the soccer field and a mature presence off it. Quick, deft and above all surprising, Butragueno is always a
      AP  -  437 words
    • Article, Illustration
      Lock icon Old stars do not fade, they shine over and over
      786 16 AP WHILE soccer standouts such as Holland's Ruud Gullit and Marco van Basten and Uruguay's Ruben Sosa await their debuts in the World Cup finals, there are some players who have seen it all before. Take England's 40-year-old goalkeeper, Peter
      AP  -  786 words
    • Article
      Lock icon Crenshaw, Strange tie for lead in Colonial
      545 17 AP, Reuter CURTIS STRANGE rode a string of nine consecutive pars into a tie with Ben Crenshaw for the third-round lead on Saturday in the Colonial National Invitation golf tournament. "I just hung in there," Strange said after carding a 1-under-par 69 on
      AP,; Reuter  -  545 words
    • Article, Illustration
      Lock icon Fidanza clinches second stage
      350 17 AP GIOVANNI FIDANZA of Italy won the second stage of the Tour of Italy on Saturday, edging Laurent Fignon of France with a final push at the finish of the 239-km leg. Italy's Gianni Bugno, who won Friday's opening 13-km individual time trial, retained the pink
      AP  -  350 words
    • Article
      Lock icon Whitaker keeps lightweight crowns
      249 17 AP PERNELL WHITAKER moved and jabbed his way to a unanimous 12-round decision over a relentless Azumah Nelson on Saturday night to retain his lightweight titles against the superfeatherweight champion in Las Vegas. Whitaker frustrated the onrushing Nelson with an effective jab, using it to pile
      AP  -  249 words
    • SIDE LINES
      • Article
        Boxall holds on to Italian Open lead
        125 17 RICHARD BOXALL of England shot a two-under-par 70 on Saturday to keep the lead after three rounds of the Italian Open golf tournament. Boxall, who tied the course record at the Milan Golf Gub with an opening round 65 and broke it with
        125 words
      • Article
        Pakistan downs Australia
        112 17 PAKISTAN, led by Rameez Raja's 68 runs, downed Australia by four wickets on Saturday night at the Coliseum to earn a split of a two-game series in the US. The match drew only 1,500 spectators to the 92,000-seat stadium in Los Angeles. Australia won the first match,
        112 words
      • Article
        Summer Squall wins Preakness
        115 17 SUMMER SQUALL bid a rousing farewell to the Triple Crown series with a victory in the Preakness on Saturday that made up for his runner-up finish in the Kentucky Derby. The colt took the lead just past the eighth pole from Derby winner Unbridled and got
        115 words
      • Article
        Rainey earns pole position
        111 17 WAYNE RAINEY drove his Yamaha bike in a record lap on Saturday as he outpaced fellow American Kevin Schwantz to earn a pole position start in yesterday's 500-cc race of the Italian motorcycling Grand Prix. Rainey turned the 3.488-km course in 1 minute, 16.019 seconds at
        111 words
      • Article
        Portland makes it
        109 17 PORTLAND took advantage of a crucial breakaway foul call late in overtime to beat San Antonio 108-105 in the deciding seventh game to become one of four teams remaining in the National Basketball Association playoffs. The Trail Blazers open the Western Conference finals against the Phoenix Suns
        109 words
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      261 15 j ROSE GARDEN SICHUAN RESTAURANT fX Level 5, Golden Landmark Hotel Victoria Street, Singapore Sichuan Cuisine at its spicy best In a new locale, where East meets West The Rose Garden Sichuan Restaurant at the Golden Landmark Hotel. A new name in a new location. An age-old tradition in first-class
      261 words
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      278 16 QUE! CASH mmm ACCOUNTS RECEIVABLE FINANCING Look at all the benefits you will CCS's wide range of services also enjoy from CCS Accounts includes the following facilities: Receivable Financing and see >• Leasing Scheme which allows you why you should opt for It. immediate use of goods purchased, eg Accounts
      278 words
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      121 17 ft *rr There have been some pretty dramatic changes presentations or simply entertaining key clients, this care- V d 7 Not least of which has been the introduction of our In fact, it turns doing business thousands of miles from WE y. y Bach one of these sumptuous suites comes
      121 words
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      1274 18 SIIIGAPORE AIRLinES (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directocs of Singapore Airlines Limited wishes to make the following announcement:1 AUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 1990: THE GROUP THE COMPANY 1989-90 1988-89 Change 1989-90 1988-89 Change S$ Million S$ Million S$ Million S$ Million
      1,274 words
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      Page 18 Advertisements Column 2
      393 18 PTE LTD The Singapore successor to a tradition TX of business in and with the east since chemicals I|P1 RAW MATERIALS ISSLmJT ENGINEERING BUILDING INDEPENDENT PRODUCTS PROFESSIONAL OPERATING COMPANIESr>ra HARRICROS ENGINEERING pre m> LUMMIII fcD Harricros Chemicals m ro SINGAPOREAN Tslr Telex: RS ***** Harcros RS ***** HLE S Fax:
      393 words
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      Page 18 Advertisements Column 3
      244 18 NOTICE NOTICE IS HEREBY GIVEN that, I Harjinder Singh s/o Lakha Singh of Blk 545 Bedok North St 3 #12-1414 Singapore 1646, have applied for a Ist Class Public House licence in respect of premises at M/s Bhangra Zone Beer House at 81-01 Selegie Centre 189 Selegie Road Singapore 0718,
      244 words
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  • THE ARTS 1
    • Article, Illustration
      A convincing start, a nebulous finish
      661 19  -  PY Van reviews last Friday's SSO concert with violinist Aaron Rosand as soloist P Y Van LAST FRIDAY'S concert with the Singapore Symphony Orchestra had two works from the late *****, Shostakovich's Symphony No 5 in D minor op 47, and Walton's Violin Concerto
      661 words
    • Article, Illustration
      Lock icon Spider Woman maps new musical terrain
      666 21  -  Kiss of the Spider Woman is set to become one of the most intriguing and maybe even exciting American musicals of tne aecade. Sheridan Morley explains why. Sheridan Morley IHT IT IS presumably some sign of the changing Broadway times that the most important
      IHT  -  666 words
    • Article
      Lock icon A post-perestroika showdown in Cannes
      781 21  -  The row, brewing for a long time between Soviet studio Mosfilm and state-run film agency Sovexport Film, finally came to a head in Cannes. Michela Wrong reports. Michela Wrong Reuter THE Cannes Film festival has set the stage for a post-perestroika showdown between the Soviet
      Reuter  -  781 words
  • Page 19 Advertisements
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      206 19 *fiti Rr»hn\v mSSSSSSSSH. a^h-^M awaii ARI P AT SUPREME RECORD CENTRE #81-83, PARKWAY PARADE TEL: *****28 SUPREME RECORD CENTRE #03-120, FAR EAST PLAZA TEL *****32 SUPREME AUDIO #03-28. CENTREPOIN TEL: *****98 SUPREME RECORD CENTRE #03 SINGAPURA TEL *****10 SING-DISC SOUND #02-30, RAFFLES CITY TEL: *****83 THANKS MUSIC CENTRE *01-34^PEOI PLE
      206 words
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      151 20 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot. Spicv Szechuan dishes served at lunch and dinner daih in the cool, inviting atmosphere of S/ei huan out t. Reservation. :»30 WW or 338 8583 ext Kil.YVti. THt WtSTIN PIAZA
      151 words
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      Page 20 Advertisements Column 2
      297 20 m DIAN XIN TKMPTATION! Treat yourself to a Delectable Diiin Xin lunch. All-vou-can-eat for 2 only f 16.80* per person Lunch Hours: 11.30 am 2.30pm •Klu> im vcrmr A |M»rmn*ni lm HYMT REGENCY SINGAPORE I'M 2 Scon* K<uvJ Swiupurc (J92J W *****HH Business Set Lunch Business lunch can be good
      297 words
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      Page 20 Advertisements Column 3
      230 20 y Ml *m A Bw V iBWiHpHK 1 Buy a glass of Heineken Beer during Happy Hours and you get to participate in this game of wits. 2 Heineken hampers to be won each week Every Monday only. PLAZA Hotej, S fimV A««.*Coioa*r«i.•»**«lint 1 iC'JltlUHUll M F~ 1~-~ I A
      230 words
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      Page 20 Advertisements Column 4
      264 20 At The Library, every Monday night is Karaoke night. So come on down and Join in the fun. May 7,14,21 and 28. From Bpm -2am. No first drink charge. Litnaiy -JBUJ htktr**MrfM*tnn. 333 Orchard Road. Singapore 0923. Tel: 737 4411. I Step into the Cafe Vanda from May lto 21
      264 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      642 20 TELEVISION AND RADIO 1 M.*vk■■■ x-:• gets, the support of his cousin 7.30 The Right to Love. BUSINESS ON RADIO U Al«Ka a| n POIA $BCI2 <. Sir Winston Churchill in 8.00 Natieoal News (M). w r v, "W--iffr I T/fl I|)( I I T A Pli TT~ tracking down
      642 words
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      212 21 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 NASSLM HILL, SINGAPORE 1025. TEL 732
      212 words
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      Page 21 Advertisements Column 2
      387 21 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OP PeUr A C*mpuy (Private) Limited (In Members' VeiaaUry LlqaJfetUa) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Members of the above-named Company will
      387 words
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      Page 21 Advertisements Column 3
      253 21 9-COIIRSE DELICACIES k fija 9 BONUS ITEMS tp*i m > r -11 4% O A Sp®® Enjoy the following bonus e u items now! 0 Free tea refreshment [j2s?s?s?s?s?s?s?ns?s?ns?s?^*] (2) Free-flow of stout beer B 1 ASSORTED COLD CUTS (3) Suntax 35mm camera 2 SHARK S FIN W/CRAB MEAT 3
      253 words
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      Page 21 Advertisements Column 4
      374 21 i TRADITIONAL i CANTONESE H 1 BEST HONG KONG. c DIAN XIN IN TOWN China China Restaurant J Marina Bay Golf* Country Club l V M"9 6 Marina Green Singapore oioi. For Reservations Please Call ***** U. I TIKNGOURT* I SICHUAN CUISINE S I For a Wealth of Exotic I
      374 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Profit-taking may slow advance this week
      5069 22  -  By William Chia SHARE PRICES on the Singapore stock market are expected to advance further this week although their progress may be hampered by some profit-taking. Most analysts think that last Friday's performance, which saw the market moving beyond the 1,550 le\el on the
      5,069 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4031 23 Main Board Shangri-La 1100 +105 +10.6% SIA Foreign 2080 80 4 0% OCBC Foreign 1120 +80 +7.7% FELS 50« 740 +75 +11.3% DBS 1300 60 4.8% UOB Foreign 750 +60 +8.7% Isetan 50* 935 +45 5.1% Scmb Shipyard 750 +40 +5.6% Ming Court 650 40
    4,031 words
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  • MARKET REVIEWS
    • Article
      Lock icon Lower interest rates give stock market a fillip
      582 24 f m*m AP WHENEVER Wall Street is ailing, few remedies offer stronger curative powers than a simple dose of lower interest rates. At least that would seem to be the message of what has happened over the past few weeks, when the
      AP  -  582 words
    • Article
      Lock icon Poor BHP, Westpac results wipe out early gains
      303 24 AFP BHP's poor production report and Westpac Banking Corp's dismal profit result nullified an early surge in stock prices to drive down the Australian sharemarket during the week. The main market indicator, the All Ordinaries Index, fell 6.5 points to 1478.1 on
      AFP  -  303 words
    • Article
      The true-blue test of beauty
      854 24  -  By Ray With LIKE A MAN who ignores the charms of his own wife, British investors found themselves being cuckolded by foreigners last week. After neglecting their own market for months, they were staggered to find that it had attractions from outsiders, and like a
      854 words
    • Article
      Lock icon Nikkei tops 32,000 yen for the third week
      389 24 AFP THE NIKKEI Stock Average, the Tokyo market's key indicator, surged above the 32,000 yen level to advance for the third consecutive week On Friday, the 225-blue chip Nikkei average closed out the week at 32,013.72 yen for a 501.58 yen or
      AFP  -  389 words
    • Article
      Lock icon Renewed war fears batter market
      207 24 AFP MAJOR STOCKS took a beating on Indian stock markets on renewed war fears, a budget revision by the government that failed to meet industry expectations and labour unrest. The first day of trading set the course for the rest of the week, with the
      AFP  -  207 words
    • Article, Illustration
      Lock icon Political news pulls Hang Seng Index down
      257 24 ►HGNGKOKG AFP SHARE PRICES fell in lacklustre trading during a week affected by Chinese political news, with the Hang Seng Index dropping 34.57 points, or 1.16 per cent, to close on Friday at 2,925.89. Average turnover also fell to US$l.l2 billion. The main
      AFP  -  257 words
    • Article
      Lock icon Overseas buying boosts stocks
      175 24 AFP MOST PRICES on the Jakarta Stock Exchange (JSE) firmed during the week mainly due to sirong orders from oversea.-.. Renewed rumours that the government wi'l open the banking sector to foreigners also prompted serious buying of some of the 10 listed banks 1 stocks. The
      AFP  -  175 words
  • Page 24 Advertisements
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      24 24 The New Album Days Of I Open Hand Available Now on Compact I Discs H CD-*****3-2 MC-C***** MCOftOS Marketed Distributed by: I PotyGram ™®®®®®®®®^^®®®iiBiiiiiiiiiiiiillliiiiiiiiiiilliiillliliiiiiiiliiiiiiiiBBBiiii^^
      24 words
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      Page 24 Advertisements Column 2
      27 24 The report from DBS Securities was not available Learn to make decor statements the way you make fashion statements. Take a tip from A Times Periodicals Publication
      27 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Buyers return on cue from overseas bourses
      3968 25 MBT DESPITE widespread profit-taking on Tuesday and Wednesday, share prices on the Kuala Lumpur Stock Exchange managed to attain higher levels last week, thanks to a rally on Friday. Sentiment was generally buoyant, particularly on Monday and Friday, in line with the better
      MBT  -  3,968 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      137 25 This announcement appears as a matter of record only. BANK INTERNATIONAL INDONESIA U5550,000,000 REVOLVING CREDIT FACILITY Arranged and Lead Managed by The Fuji Bank, Limited Singapore Branch Lenders Guarantors Managers Managers The Mitsubishi Bank. Limited Credit Agricole Singapore B™*h tu c d i r j Rabobank Nederland The Sumitomo Bank.
      137 words
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  • WORLD STOCK MARKETS
    • Bond weakness weighs on Wall Street
      • Article, Illustration
        NEW YORK
        822 26 BLUE CHIPS fell on profit-taking on Wall Street on Friday, unable to build on Thursday's record-closing high, but the broader market overcame the downturn in big industrial stocks and rose. The Dow Jones industrial average closed down 11.80 points at 2,819.91 erasing nearly all of the 12.03-point gain
        822 words
      • Article, Illustration
        LONDON
        836 26 BRITISH SHARES closed lower on Friday after profit-taking cut short a powerful rally. Shares ended near the day's lows after a nervous session and news of a weak start on Wall Street. But most of the damage was done in early trading as investors took profits after the market
        836 words
      • Article
        AMSTERDAM
        357 26 DUTCH SHARE prices closed easier in moderate trade on Friday as a bout of profit-taking and some selling pressure caused by the expiry of contracts on the European options exchange wiped out morning gains, dealers said. The CBS all-share index ended at 119.1, 0.6 point down on the day
        357 words
      • Article
        FRANKFURT
        336 26 WEST GERMAN prices ended off earlier highs after news broke of a new West German federal government bond with 8-3/4 per cent coupon, a full percentage point above the coupon on the previous federal issue, dealers said. "The bond terms took the lustre away from a higher bourse," a
        336 words
      • Article
        JOHANNESBURG
        451 26 GOLD SHARES closed sharply lower in thin and uncertain trading on Friday due to continued worries about the recent lacklustre performance of bullion price, which remained locked in a tight range around US$37O, dealers said. An added cause for concern was the inter-racial tensions caused by Wednesday's violent clashes
        451 words
      • Article
        PARIS
        248 26 FRENCH SHARE PRICES finished slightly down after changing direction mid-session, with operators taking profits ahead of the end of the May account next Tuesday, dealers said. Prices had started higher, following Thursday's rally when international investors returned to the market, but volume fizzled out in the afternoon. A lower
        248 words
      • Article
        ZURICH
        390 26 SWISS shares closed higher but below the day's high. Dealers said some profit-taking set in the second half of the session while the market was losing steam. Early in the session foreign demand had centred on selected blue chips. The all-share SPI index closed at 1,131.4 points, four points
        390 words
      • Article
        MILAN
        181 26 ITALIAN SHARES fell slightly to end below the day's highs, but brokers said volume remained strong as blue chips Fiat, Generali and Montedison attracted good demand. The MIB index climbed five points, or 0.48 per cent, to close at 1,057. The index surged 3.4 per cent on the week.
        181 words
      • Article
        TORONTO
        227 26 TORONTO STOCKS bounced back from early losses to close at the day's high point, dealers said. A sharp rise in gold shares, spurred by the weak US dollar and racial tensions in South Africa, lifted the TSE in the afternoon, said gold analyst Barry Allen. The composite index climbed
        227 words
      • Article
        Untitled
        201 26 May 18 Close PiHom MEW YORK Dow Jones 2,819.91 2831.71 -118 NYSE Financial 144.57 144.69 -0.12 SAP 500 354 64 354.47 +0.17 Turnover (million) 164.77 LONDON Financial Times 30 1,793.3 1,795.7 -2.4 FTSE 100 2,269.1 2.284.4 -15.3 Turnover (million) 645.4 AMSTERDAM CBS General NA 199.10 MUSSELS Sock Index NA 6,163.50
        201 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Major's remarks result in pound's sterling performance
      392 27 FOREX WEEKLY ROUND-UP THE BRITISH POUND put up a sterling performance towards the end of last week's trade in the world's foreign currencies markets after Chancellor John Major had made remarks on Britain's possible participation in the European Monetary System (EMS). The sterling
      392 words
    • Article
      Lock icon Yen shoots up, Taiwan $ nosedives
      666 27 Yen shoots up, Taiwan nosedives ASIAN CURRENCIES AFP THE Japanese yen rose sharply last week while the Taiwan dollar took a dive. A drop was also seen in the Indonesian, Malaysian, New Zealand, Philippine and South Korean currencies while local unit* in Australia, Hongkong, Singapore and Thailand finished marginally stronger
      AFP  -  666 words
    • Article
      INTERBANK FOREX RATES
      390 27 Cross rates May 19 US$ SS MS Dm Yen SFr AS NZS USS 1.8540 2.7015 1.6490 153.05 0.5917 1.4050 1.3116 1.7452 SS 0.5394 1.4572 0.8894 0.8255 0.3192 0.7578 0.7075 0.9413 MS 0.3702 68.63 0.6104 0.5665 0.2190 0.5201 0.4855 0.6460 Dm 0.6064 1.1243 1.6383 92.81 0.3588 0.8520 0.7954
      390 words
    • Article
      MONEY MARKET
      554 27 Interbank rates SS Bid Offer Overnight 6 1/8 6 1/4 1-month 7 7/8 8 2-month 7 5/8 7 3/4 3-month 7 5/8 7 3/4 Overnight mode: 6-1/8 US* High 7 days 8 3/16 8 3/16 1 month 8 1/4 8 3/16 2 months 8 11/32 8 1/4 3
      554 words
    • Article, Illustration
      Lock icon Sterling may be in the European system soon
      806 27 NYT WITH the first phase of European economic and monetary union set to begin on July 1, anticipation is rising in the British financial markets that Prime Minister Margaret Thatcher will soon let the pound join the European exchange rate mechanism. By
      NYT  -  806 words
    • Article
      Gold holding up well at crucial level
      424 27 GOLD FINANCIAL FUTURES REPORT ANALYSTS believe that spot gold may have exhausted its downside potential after having failed to break below crucial support at U*****.00 despite repeated attempts made over the past three weeks. Its latest attempt failed again last Tuesday when heavy
      424 words
    • Article
      FINANCIAL FUTURES
      304 27 May 18 DCUTSCHCMAltft Open High Low Sett Vol Op/lnt Jun 90 0 6060 0.6078 0 6051 0.6073 ***** ***** Sep 90 0.6061 0 6080 0.6054 0.6074 EUW000U-M Open High Low Sett Vol Op/lnt Jun 90 91.55 91.56 91.52 91.54 *****1 *****4 Sep 90 91.43 91.46 91.39 91.43 ijwijai
      304 words
    • Article
      PRIME LENDING RATES
      520 27 BANKS S ABN Bank 8 Allied Irish Bank PLC 7V* American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 7% Arab Bank Ltd 6Vi Asia Commercial Bank 7 ANZ Banking Group 8 Ban Hin Lee Bank 7Wi Banca Commerciale 7% Banco do Brasil 8 Bangkok
      520 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Oteiba predicts higher oil price
      295 28 AFP UNITED Arab Emirates (UAE) Oil Minister Mana Saeed A 1 Oteiba was quoted on Saturday as saying he was "optimistic oil prices will reach US$ 18 per barrel in the next few days". Mr Oteiba also told the Abu Dhabi-based Emirates news agency (WAM)
      AFP  -  295 words
    • Article
      Lock icon Japanese halt steel exports to USSR
      222 28 NYT JAPAN'S largest steelmakers have halted production of steel pipes for the Soviet Union because of delayed payments, according to company officials. A spokesman for Kawasaki Steel Corp said on Friday that the firm had decided the same day to suspend production and shipment.
      NYT  -  222 words
    • Article
      Lock icon Diamond ban futile, say analysts
      120 28 AP A US BAN on South African diamonds would be futile because they can be sold through other countries, according to analysts of the US General Accounting Office, which works for Congress. They said Deßeers, the world's main buyer of rough diamonds, has refused requests
      AP  -  120 words
    • Article
      Lock icon Ivory Coast unrest pushes cocoa to two-year high
      851 28 REPORTS AFP FRESH unrest in Ivory Coast pushed cocoa prices to their highest for nearly two years last week. The coffee market was also stimulated by events in Abidjan, where groups of disaffected soldiers occupied broadcasting and airport buildings during Wednesday morning
      AFP  -  851 words
  • Article
    PRICES
    1143 28 Rubber MS (tefc in k«lt») S cents/kg Int I RSS April Close May 14 159.00 May 15 158.50 May 16 160.25 May 17 159.75 May 18 160.00 MKtLB in half) M cents/kg Int 1 RSS April Close May 14 229.00 May 15 228.50 May 16 228.50 May 17 230.00
    1,143 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      827 28 NOTICE NOTICE IS HEREBY GIVEN that, I Tail Chui Chai of No 41, Jalan Gumilang Singapore (2366), have applied for a Retail Beer Shop licence in respect of premises at M/s Dazhan Foodstuffs Enterprise Pte Ltd at Blk 145 Teck Whye Ave #01-157 Singapore (2368), and that this application will
      827 words
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      Page 28 Advertisements Column 2
      6 28 Banking, Finance Insurance Supplement 1990 Businesslimes
      6 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1015 29 City Flight ETA Flight FTP AMaMa QF81 1840 SQ225 2215 SQ228 1915 RJ182 1445 RJ183 2320 I I KL842 2035 GA893 1045 KL841 1055 SQ23 1200 Itarhliad TE25 1800 TE28 1920 SQ388 2025 M BI421 1100 SQ182 0915 fhmrFr* SQ181 1410 8(422 1205 BI429 2030 Bt430
      1,015 words
    • Article, Illustration
      Legacies of the Yellow River
      543 29 LETTER FROM SHANDONG THE BRIDGE over the Yellow River at Jinan, the provincial capital, is definitely not an architectural sensation. But, it is still pointed out with pride to visitors possibly as a symbol of the apparent taming of the Yellow River, one of the
      543 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Locml dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4050 1.4250 Canadian dollar 1.5600 1.5800 NZ dollar 1.0490 1.1090 Sterling pound 3.1200 3.1400 US dollar 1.8510 1.8610 Local dollars to 100 aaits of fomf cwrcacy Austrian schilling 15.60 16.60
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      76 29 Duration Tide Venue Planner Td Duration Title Venue Otimaer Td May 21-24 INSUCON '90 Brighton Federation of 01-*****78 Jun 7-13 International Fair West Dusaddorfer (49)211/4360 Mrtropoie British for Packaging Germany MessegesellHotel Eletrotechnical Machinery. schaft mbH Allied Mfp Packaging Nowea Association Materials St. Jun 1-4 International Italy EA
      76 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      49 29 i -**r ■A ~w~ Ihi khiiK" pirv>n > Ji«>ki tun likml.ii. I I k.rni.u.uTil.n imlVimln lining hin^: I I r \:rp<■ rt it h.>ur> u:.l it 'I JL. ilittiTvnt .il k> in the 1"> thi tolliiulnctli' AI:i;K I li «»I I- i: K>l! A I K V. s Air Canada
      49 words
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      Page 29 Advertisements Column 2
      298 29 J j» |j N\' B B3ns»!gs3#ftgar ■r«2Uil2M]Q3Lffi& aHHMjjj Marketed by: LcowJ nrreriftyft KAMSINCO TRADING PTC LTD (In Vol. Liquidation) FINAL MEETING NOTICE M HEREBY QfVEN pursuant to Section 300 of the Co mpantaaAct (Cap. 50) thai the Rnal Oanaral Muting of the Ms n* era of the soovefvemea co» r
      298 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      334 29 1 A way to limit supplies is mam mam mm needed things so the maxim says (10) io 6 In the course of confessing to being a bunch of primi- instincts (4) tract bargain hunters (5) red-carpet ceremony? 12 Upset an open container of tea H 13 A bit of
      334 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      211 29 Singapore Outlook: Showers over several areas ia the pre-dawn hours and morning Report Max temp 32.8"C Assoc humidity 63% Min temp 24.9"C Assoc humidity 90% Hrs of sunshine 3.75 Rainfall in mm 1.4 Rainfall this mth 175.0 Rainy days this mth 9 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/07 Fair
      211 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      19 29 fudge, to see volT\ m office y Ir?-" £X OP U >A FM c CVgWW STANOAWO CO. LTD- IWHIW
      19 words
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  • Article
    KL opposition accuses PM Lee of interference
    570 30 SEVERAL LEADERS of the Malaysian Opposition Parti Islam (PAS) have accused Singapore Prime Minister Lee Kuan Yew of interfering in Malaysian politics by making statements in favour of the ruling National Front. In a report in the latest edition of its weekly paper,
    570 words
  • Article
    Lock icon Farm reform would reap US$200b: study
    347 30 Reuter THE WORLD would reap a windfall of more than US$2OO billion a year if rich and poor nations dismantled farm subsidies and import barriers, according to a report issued yesterday. Developing countries such as Egypt and Mexico and many African nations that import
    Reuter  -  347 words
  • Article
    Lock icon We're not hunting students anymore, says Jiang
    241 30 Reuter CHINA'S security forces have stopped hunting students who took part in last year's political unrest, Chinese Communist Party leader Jiang Zemin said in an interview broadcast in Japan yesterday. Diplomats in Beijing said that his remarks were the latest in a series
    Reuter  -  241 words
  • Article
    Asia role affected if US is left out of Nato: PM
    479 30  -  From Margaret Thomas in PARIS THE ODDS are that if the Americans are excluded from a remodelled Nato, they will become isolationist and reduce their commitments in Asia, in the view of Prime Minister Lee Kuan Yew. In an
    479 words
  • Article
    Lock icon Taipei seeks better treatment abroad for its companies
    203 30 AFP TAIWAN wants better investment treatment from countries favoured by its investors, but with which it has no diplomatic relations. The targeted countries included the Philippines, Indonesia, Thailand, Malaysia, Holland, Belgium, France, England, West Germany and the US, said Tseng Kungning, deputy
    AFP  -  203 words
  • Article
    Lock icon Japanese media ventures cater to expats
    290 30 Asahi MAJOR JAPANESE trading companies are moving into new media businesses overseas, often targeting Japanese living abroad and gaining experience they hope to someday use back in Japan. Marubeni Corp established Japan Satellite TV (Europe) Ltd in London earlier this year in conjunction with
    Asahi  -  290 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      206 30 dquphin l For the life of your bock Douphin (SEA) Pte Ud Tel: *****00 Ming hospitality. It stays with your clients. Some memorable things have a way of staying with your clients like the impeccable services we provide at our Executive Suite and rooms on the Taipan floor to the
      206 words
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      Page 30 Advertisements Column 2
      255 30 rFRr" pau P HiN i For the life of your back Dauphin (SEA) Ptelld Tel: *****00 THAILAND W CONSULT THE SPECIALISTS v Established in 1985 the Tara Consultancy Group is now Bangkok's leading independent consultancy and research organisation. It offers a wide range of services and information products to local
      255 words
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  • Shipping Times
    • Article, Illustration
      Columbus Line suspends W Australia-FE service
      416 31  -  By Dexter Lee WEST GERMAN CARRIER Columbus Line has suspended its West AustraliaFar East (WAFE) service in the face of stiff competition. The "increasingly unprofitable" service, which used to ply between Japan and Australia via Hongkong and Singapore, is now being wound down, said
      416 words
    • Article, Illustration
      FEFC to meet Malaysian shippers over Penang charges
      447 31  -  By I Noor Adzman Baharuddin THE Far Eastern Freight Conference (FEFC) has agreed to meet the Malaysian National Shippers Council (MNSC) over the feedering charge for shipments ex-Pe-nang Port. Malaysian FEFC representative Abdul Rahim Ismail said the meeting, to be held as
      447 words
    • Article
      Manila considers proposal to adopt intermodal system
      396 31  -  From Al O Labita IN MANILA THE Philippines is considering a World Bank proposal to adopt an intermodal transport system to speed up the movement of domestic and foreign shipping cargoes, particularly in Metro Manila. Transportation and Communications Secretary Oscar Orbos has ordered
      396 words
    • Article
      Lock icon Dispute breaks out over Indian shipbreaking expansion
      349 31 Lloyd's List INDIA is opening ft new shipbreaking plots at its main demolition centre of Alang in an attempt to encourage the industry but the move has already stirred controversy. A dispute has broken out over who has the right to operate the
      Lloyd's List  -  349 words
    • NEWS SUMMARY
      • Article
        Cashing in on Mexico's network
        43 31 WITH the Mexican government adopting a more relaxed stance on foreign investments in the country, both shipping lines and railway companies are cashing on the anticipated boom by linking Mexico to the North American intermodal network Page 2
        43 words
      • Article
        Lufthansa sees higher turnover
        35 31 WEST Germany's state-con-trolled airline Deutsche Lufthansa AG said it expects continuing revenue pressures in 1990. But the company is confident its turnover and cash flow will rise this year Back Page
        35 words
      • Article
        Soviet chartering may boost freight rates
        48 31 ACTIVE Soviet chartering of dry bulk grain carriers could lead to a tightening of ship supplies and rising freight rates over the next three to four weeks. An estimated 20 to 25 vessels have been fixed by Soviet charterers recently Back Page
        48 words
      • Article
        Watermark: What is an 'all risks' cover
        60 31 WHEN a marine cargo insurance policy is undertaken on an "all risks" basis, it may not necessarily mean what it says. Today's Watermark column looks at the term "all risks" in the context of marine cargo insurance and tells you what to look
        60 words
      • Article
        Daimler unit signs Soviet agreement
        43 31 MOTOREN-UND TurbinenUnion (MTU), a unit of Daimler* Benz AG, said it and Pratt Whitney, a unit of United Technologies Corp, had signed an agreement with the Soviet Union to cooperate in small and medium sized aeroengines. Back Page
        43 words
    • LOG BOOK
      • Article
        Todd to shut down Galveston shipyard
        101 32 TODD SHIPYARDS CORP said in Seattle last week that it had decided to cease operations at its Galveston, Texas, shipyard on the completion of existing commitments due to underutilised capacity and operating losses, a lack of future business opportunities, a need for substantial capital
        101 words
      • Article
        Masa-Yards wins ship order
        91 32 FINLAND'S Masa-Yards Oy shipbuilding company, which was created from the collapsed Wartsila Marine Industries Inc, has won an order for a car and passenger ferry from France's Brittany Ferries. It is the first new order the company has won. Masa-Yards said an agreement with the same
        91 words
      • Article
        Midway unlikely to make profit
        86 32 MIDWAY AIRLINES Inc chairman David Hinson said he expects the carrier's earnings to stabilise by the third quarter, but he does not expect it to make a profit for the year. "I hope by the third quarter we will only be losing a little or
        86 words
      • Article
        Air Canada's revenue miles up
        99 32 AIR CANADA said its revenue passenger miles rose 5.7 per cent in April to 1.28 billion from 1.21 billion in the same month of 1989. Available seat miles rose 4.3 per cent to 1.89 billion from 1.81 billion and the load factor rose 0.8 percentage
        99 words
      • Article
        ATT to cut long-distance rates
        79 32 AMERICAN TELEPHONE AND TELEGRAPH Co said it plans to lower prices by about US$l6O million annually for inter-state and international long distance services effective July 1, 1990. In a filing with the US Federal Communications Commission, ATT said it will cut by US$lOO million the
        79 words
      • Article
        Air Afrique orders Airbuses
        67 32 AIR AFRIQUE Airline has ordered four A-310-300 aircraft from the Airbus consortium and decided to take an option on four others, Air Afrique President Yves Roland-Billecart told a news conference in Paris last week. The airline has also decided to buy another A-310-300 from a French
        67 words
    • Article, Illustration
      Lock icon Lines cashing in on Mexico's link-up to N America
      910 32 With the Mexican government adopting a more relaxed stance on foreign investments, both shipping lines and railway companies are cashing on the anticipated boom by linking Mexico to the North American intermodal network. Fairplay FOLLOWING the creation of several double-stack container
      Fairplay  -  910 words
    • Article
      COCKETT BUNKER MARKET REPORT
      866 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      866 words
    • Article
      THE SHIPPING GUIDE
      12612 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,612 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        573 47 VnmI fey Hi Baft ktM Depart** <«m< lg Hi Barth Anfrat Depart** r.lMt! r <«« 2A/90 P2C 21.05/2000 2205/0600 OcwTBreei* 45 K34 alongside 25.05/0700 Bhaita 602 1/90 P1B 2105/0800 21.05/1500 homer Wait 12H K33 alongside 2105/1800 Blue Marine 12/90 P3E 21.05/0730 22.05/0700 fotfmashan 3A K31 alongside 20.05/1500
        573 words
      • Article
        CONTAINER SCHEDULE
        1639 47 RECEIVING Of EXPORT Fa CONTAINERS MjO La CARGO Transtainer SdRdin SHp Voy No Air Date fine From To Booki* Gatt Op Ad Gondiaro* 12S80 23.05.90 1300 21/1330 21/1359 Portnet 2 U5 22/0500 22/0529 NA 2 Andro Star 13N 22.05.90 0700 21/1515 21/1559 Portnet 2 U4 00 F01 21/2215
        1,639 words
      • Article
        IN MALAYSIAN PORTS
        323 47 Port IQaf South Port Stolt Castle berth 1; Son Hoe berth 2; Victoria Cob berth 2; Alam Aman berth 3; Tomoh Satu berth 4; Cheung King berth 7; Hung Lee I berth 7A. KCT: Anro Temasek berth Bunga Mas berth 9. North Port: Western Winner berth 11;
        323 words
    • Article
      DAILY FREIGHTS
      978 47 MARKET talk of firmer dry cargo chartering rates continued on Thursday but confirmed fixtures remained difficult to pin down, brokers said. Talk centred on firmer rates on the key US Gulf/Japan grain route for a Panamaxsized cargo. An undisclosed vessel was fixed on this route at U5521.50 per
      978 words
    • Article, Illustration
      Lock icon Lufthansa sees higher turnover and cash flow
      473 48 Reuter WEST Germany's state-con-trolled airline Deutsche Lufthansa AG said it expects continuing revenue pressures in 1990. But the company is confident its turnover and cash flow will rise this year. In a draft of its 1989 annual report, Lufthansa said the revenue pressures
      Reuter  -  473 words
    • Article
      Lock icon Daimler unit in Soviet jet cooperation
      171 48 Reuter MOTOREN-UND TurbinenUnion (MTU), a unit of Daimler-Benz AG, said it and Pratt Whitney, a unit of United Technologies Corp, had signed an agreement with the Soviet Union to cooperate in small and medium sized aero-engines. A statement from Deut- sche Aerospace AG (Dasa),
      Reuter  -  171 words
    • Article
      Lock icon Soviet chartering may lift freight rates
      286 48 Reuter ACTIVE Soviet chartering of dry bulk grain carriers could lead to a tightening of ship supplies and rising freight rates over the next three to four weeks, shipping brokers said. An estimated 20 to 25 vessels have been fixed by Soviet charterers recently
      Reuter  -  286 words
    • Article
      'All risks' cover: not quite as all-inclusive
      741 48  -  By Ian Lancaster Mr lan Lancaster is managing director of Citicorp Insurance Brokers A SIGNIFICANT number of marine cargo policies are "all risks" policies, that is the policies are issued with the Institute Cargo Clauses (A) conditions. Clause 1 of the Institute Cargo
      741 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      216 31 BALTIC MADRAS/CALCUTTA SHUTTLE NEXT SAILING VESSEL/VOC SIN MAA CCU LEUVE 9124 24/5 29/5 J VESTA 03N90 90/5 06/6 CALL: 224 6071 (See Page 13 Column 4). SS WE GIVE YOU australia Established m Singapore unci 1888 bT J Sailing every 8 days to the East Coast Every 14 days to
      216 words
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      Page 31 Advertisements Column 2
      29 31 CocM banter report 2 Contanv Schedule 17 My FnajMs 17 Ma to Advertisers 3 Stafpnf Glide 10,11 SN» in Port 17 Snpport Tries 17 Weedier end See Condtons 17
      29 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      195 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
      195 words
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      Page 33 Advertisements Column 1
      2197 33 I %mll## 200 Cintonmint toM #12-06 Sootbixxnt, Smpport 0201 All If/ Til 221X)ll TELEX MO RS ***** wcnnn terminals T* *****11 220 K^CwCQ 7 BOOKINGS TW *****34 23S PESAKA JARDINE SMIPPIPW AMNCIES SON BHO PORT KELANC TEL 3M4111 TEI« NO! i _*A»«77/MA***** l 7 y» B?^^/■ PENANG TEL *****4 TELEX
      2,197 words
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      Page 33 Advertisements Column 2
      1180 33 INDEX T^gTCERS Page Col CoJ, iai r m i ABC Conuincriine 13 5 Mac-Neb Agencies 14 1/2 Accord Shpg 8 3-5 Macoline 14 1/2 Albatros Sea-Air 14 5 Madju Sdn Bhd 16 1/2 Alfred C Toepfer 15 5 •MaerskLine 3 4/5 Ahrenkiel Liner 16 5 Mainfreight IS 4 APC Line
      1,180 words
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      Page 33 Advertisements Column 3
      2266 33 Vmml Voy ETA ETO 'Port 'Panang K«tang DESTINATIONS tow loum m CkMine Tim fmdv by 2w (xoo mrs m F.rco a HBi c»« »l/« i«001mm M Tmin OAK LOB HOU MEM ATL MIA CMS BAL PML HYC MON TOW Loo«a m sooe 22/5 23/5 sw fsw u/e iUe ive im
      2,266 words
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      Page 34 Advertisements Column 1
      1183 34 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KURAMA 05/560 24/5 19/6 12/6 15/6 11/6 18/6 BENAVON 94/563 27/5 13/6 15/6 17/6 16/6 20/6 TOKIO EXPRESS 93/562 31/5 26/6 19/6 22/6 18/6 25/6 STAR LORRAINE 01/566 6/6 1/7 5/7 3/7 HAMBURG EXPRESS 96/565 7/6 3/7
      1,183 words
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      Page 34 Advertisements Column 2
      560 34 SOUTH PACIFIC SERVICE SIN POM SUV PPT ISLA FLOR£ANA 2/6 10/6 17/6 23/6 DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 2/6 5/7 6/7 9/7 Also accepting Cargo to Callao (Peru) via Valpa Aoents GHWiWWII SINGAPORE: 53*0436 -T C=X*_l6r-00V«/ BOOKINGS: *****06 VS. JAYA: 03-*****28 JQHORE: 07-*****2 PKNANG: 04-*****7 V
      560 words
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      Page 34 Advertisements Column 3
      1479 34 BlawMiAiiat ■fcafl REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LHA (VIA {VIA (VIA ALG) HAM) NT) NOR ASIA SUN 9012-3 25/05 29/05 19 06 21/06 23/06 24/06 2S/06 2t/0( 27/ M NORASIA PEARL 9013-3 01/06 05/06 23/06 25 06
      1,479 words
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      Page 35 Advertisements Column 1
      1648 35 SjgSteamer.s Maritime Holdings Ltd Containers Mj» Ve* No Sport PKlanj Slon H'kurf B havenßdnn left rißnn KURAMA 05,540 2«5 17« U« IW 1W 1W *BrilßV lint irn.r n .M. Q MNAVON M/3C3 27/K TRIO feed 1J» IMS lMt RCURY JA W4£ Kuch. Bint. Miri In Port a May TOKK) EXPRESS
      1,648 words
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      Page 35 Advertisements Column 2
      1696 35 TO: EUROPE TO: FAR EAST SP LN ROM NAM I'HVN FIX STORE HK KAO KOB BU CHOYANC PARK OM 27/5 IV* 1V» W 11/t 1M CHOVANC SUCCESS OOtE »5 31/5 1/5 4H 7fi HANiIN OAKLAND 008* 2/t 20ti H/t Z2* 24* ?V4 HANJIN TONGHAE 073E 4lt Jfi Hi 11/1 14*
      1,696 words
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      Page 35 Advertisements Column 3
      26 35 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 7/6 KARACHI aaUBWUM MEBHM M.T.Y. HMMPORTATCN 00. FTC) LID. Tat: 22M8 Tht RS 2WII Fn ***** M
      26 words
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      Page 35 Advertisements Column 4
      297 35 HOCHIMINH VIETNAM RO-RO SERVICE ETA SPORE 25/5/89 ETA HOCHIMINH 28/5/90 M.V. "SEA LARK" Voy 32 RAMPWAY CAPACITY 15 TONS IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILIMftS KK SPORE PK PL DBN CT FIONA MARY VSO* 21/5 5* 7/1 Uff 2S* 4/7 •AI«o call* E.L. P.E. GENERAL AGENTS: HAI SUN HUP
      297 words
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      Page 36 Advertisements Column 1
      615 36 DJASAQETRI A Joint Europe Service Of: p.r UNCARTA UOYO FT. SESURI uoyi f.T. SAMUDERA I WOO ME SI A P.T. TIWCOM LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY SPORE R OAM/ H BURC BREMEN ANTWERP M AOAM SAAB ULLAH/22W8 24-27/5 »r* *0 *2 LJ. BONTANG/21WB 2S-»f« W 7 2/1
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      Page 36 Advertisements Column 2
      854 36 fthHANIIN SHIPPING FULL CONTAINER SERVICE i FEEDER VSL SIN LINE HAUL LAX OAR Spore LeHa»re R dam H'burg B'haven Fit owe r*)YANa£uCCfSS 00K 21/5 H. CHEJU HIE 22/6 24/t CHOYANG PARK OMW Xli 13/6 14* 15* W/6 I*6 hXiN TONC HAE 073E 4/6 H BUSAN 101E 29/6 1/7 HANJIN OAKLAND
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      Page 36 Advertisements Column 3
      1432 36 Evum!!!!!^eei ■cvu glok an as tn vt m iw w m> w w w **P m SZ *2 !S EVER GUARD 4/6 5/6 13/6 11/6 IV* 11/6 28/6 12/6 8/* 23/7 ik 20 |j JJ *J I ever giant nn in* aw itt ffli st M yi up W J
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      Page 37 Advertisements Column 1
      1347 37 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) BOOKINGS/ENQUIRIES: UK/EUROPE SERVICE *****19 AUST/INDIA/PAK SERVICE *****18 M USA SERVICE *****16 FAR EAST SERVICE *****48 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 NEPLINE SDN BHD MALAYSIA EXPORT: *****53/*****04 r K.L.-*****33, P.Kelang *****87, Penang-*****0, J.Bahru-*****3, *****4 11 1 nu M
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      Page 37 Advertisements Column 2
      419 37 KEELUNG Tel: *****55 V (27/5) VX KAOHSIUfiG Ptjj FOR BOOKINGS l t 1 TEL: *****17 j Specargo's Own d /(\\j J Operated y-A y/ V\\ Warehouse at y\) FTZ Warehouse Tel: *****50 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE JADE 26/8
      419 words
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      Page 37 Advertisements Column 3
      1247 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 fl *BStIS VOTAC! swot IMAHILA HUOWt VOTACf SfOtt HOAH6 MtUltC »HA»PI TIUUKT HOTT MIMW K 6*»»ILOV
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      Page 38 Advertisements Column 1
      1033 38 mism VOY *INDO *PK/PNG [SGP LB CHLS NFK NYC HFX NEPTUNE JADE 24 25/5 26/5 24/5 16/6 26/6 2S/6 30/6 4/7 OOCI FAIR 20 28/5 29/5 31/5 23/6 3/7 7/7 11/7 RAINBOW BRIDGE 24 4/6 5/6 7/6 30/6 10/7 12/7 14/7 11/7 OOCL FREEDOM 31 11/6 12/6 [14/6 7/7 17/7
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      Page 38 Advertisements Column 2
      1603 38 ETO SIN (IMV) *(1 DAY) Ml DAY) IMENA 24/05/90 PORT KELANG PENANG BANGKOK |JACQUELINE hA [TWICE/WKLY BOOKING. CONTACT w [ETD SIN (3 DAYS) f (2 DAYS) (1 DAY) 25/05/90 HONG KONG KAOHSIUNG KEELUNG |JQYCE/JUDY Mrik. TWICE/WKLY rrrn em BOOKING, CONTACT ETD SIN (6 DAYS) 0 DAY) (4 DAYS) 25/05/90 BUSAN
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      Page 39 Advertisements Column 1
      1429 39 PACIFIC INTERNATIONAL UNES (PTE) LTD ml rn Wwi PH- Building, 140 Cecil Street »0300, Singapore 0106. J ££l L Ml 2 1 S7s VCSBIL VOY SIN BKK SIN EDCM 9014 23/9 2S/5 JO/5 KOTA MA OA MM 22/9 KOTA MELATI OMB *5 29/5 31/S PEOAOUO 'tOHIM UN 22/9 MAJAPWT MM
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      Page 39 Advertisements Column 2
      1169 39 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** FXPRFSS P.ONTAINFR SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN ROAM L'HAVRE Kurama- 05/560 24/5 17/6 12/6 14/6 11/6 18/6 Benavon f 94/563 27/5 13/6 .16/6 18/6 Tokio
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      Page 39 Advertisements Column 3
      277 39 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang P*n Bkok MYOMAYWA VI2BW 1/4 iUN 27/11 BAY 2*21 MAY HPA-AN VISOW a/31 HAY PATHEIN VIOZW 22/25 MAY 2*29 MAY PAGAN VIS7W W JUN THE BANK LINE (A service of Andrew Weir Shipping) W SEMI-CONTAINER SERVICE U
      277 words
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      Page 42 Advertisements Column 1
      697 42 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO UNITED KINGDOM ft NORTH CONTINENT EUROPE OUTBOUND SIN FLX BRE RDM ANT HBG RST T. WEN OA 5W 25/5 11/4 11/4 20/4 AMERICAN SEN WFOI4 21/5 21/4 22)4 23/4 25)4 24)4 0. GROTEWOHL 4)90 4/4 30/4 30/4 2/7 5/7 TAIWAN SEN WFOI9
      697 words
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      Page 42 Advertisements Column 2
      1216 42 roc cowvnmoNAt wvicm Vmml P KLC PNG Pi LM«i«tar A VESSEL 20)4 Rotterdam, Antmrp CHINA WILL COWTADHK* MMIYICK VMMI PKL PNC SPORE BKK HKC SMA QIN LYG SHANC CHENG in n/5 23/5 27(5 M YANG FANG KOU 121 31/5 2*5 4)4 125 14/4 20* Acctptinf fCI Cirfo for all ottxf
      1,216 words
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      Page 42 Advertisements Column 3
      328 42 S PORE PKL PNC HKC INC BSN SINGAPORE GLORY VOO5 77 May Ifcy May 4 Jun C Jun RAGNA MBS 21 May 17 May II" IJm •USA* GLORY VOO5 May 11 May 9 Jim 11 Jm MALAYSIA GLORY WO5 Jun IK* Sin"— 14 Jwl Ulw OCEAN CROWN VOO2 14 Jim
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      Page 42 Advertisements Column 4
      552 42 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA EXCLUSIVE ROUTES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS I AFGHANISTAN I: Hairaton, Tourghundi, Kabul, Herat, Mazar-I-Sharif, Mashad, Kushka jI R A N I: Djulfa, Astara ETD SINGAPORE 26/5, 31/5, 4/6 9/6, 10/6, 17/6, 19/6 lE. EUROPE 1:To all inland points: Poland,
      552 words
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      Page 42 Advertisements Column 5
      470 42 ASEAN PORTS JIM MUM WW >" j* T** MAMA BHUM 10W *30 Sit »fi MEKHAWIK KURAKO lON Thuf M/S Sun Pg_ SIWI BHUM 440W Fri 250 Mw jjg_ PIYA BHUM SHI to W 3Bo_ MAMA BHUM 10W Wad 300 Sat 20 JIKA BHUM* QMI Wad 300 Sat 20_ MEKHAWIK KURAKO
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      Page 43 Advertisements Column 1
      1057 43 EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 27/5 2/6 A VSL 1/6 6/6 (Conventional Service) ETA S PORE LOADING FOR BANGLAR MITA 18/5 JAPAN BANGLAR SWAPNA 25/5 CTG.. MONGLA ETA S PORE LOADING FOR MV ALKINDI 25/5 Ummqasr/Baghdad cx> n EAST MALAYSIA SHIPPING ENT. (PTE) LTD TTA
      1,057 words
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      Page 43 Advertisements Column 2
      180 43 MARINE AGENCIES (S) PTE LTO TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) F\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOR SPORE ANCHNET 19WB 25/06 DARESSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA HOOEIOAM ABYOT 21WB 21/06 DARESSALAAM MOMBASA
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      Page 43 Advertisements Column 3
      621 43 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG f AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      621 words
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      Page 43 Advertisements Column 4
      691 43 II'HH BAY OF BENGAL SERVICES MADRAS CALCUTTA »ESSELS/WT SIM MAA SIM LEUVE 9124 24/5 21/5 07/6 LEUVE 9125 07/6 12fi 23/6 LEUVE 9126 23/ C 21/6 09/7 LEUVE 9127 09/7 14/7 25/7 VESSELS/VOY SIN CCU SIN SUPER EIGHT 03N90 In Pt 23/5 30/5 JORGEN VESTA 07N90 In Pt 26/5 03/6
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      Page 43 Advertisements Column 5
      416 43 TO AUSTRALIA/NEW ZEALAND VSI S ngaport Franuntl* Mkourn* Sftney Auckland bate** TUT EXCESS M Tst 1M 2» 27* 2/7 V 7 I WJOIG 2» j/7 5f 12/7 17/7 2*7 MUSSU 252 2*7 iy7 M 1M U4 M C VfltOLW 25i 41 1U 2M 2M 5» W 7 DAYS TO FREMANTLE
      416 words
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      Page 44 Advertisements Column 1
      1623 44 IfZW* BLUE STAR LINE SINGAPORE TO (|J 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 PIT AUCK Iff PREMIER OSS In Port I Jim Via NPI
      1,623 words
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      Page 44 Advertisements Column 2
      689 44 /251 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 *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |m Itn Inn ma w lin kit KIM SOON LI 21/906 26 MAY PENANG JENHOL
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      Page 44 Advertisements Column 3
      303 44 IRAN lAN VICE I Si op port loadinf for:- I IRAN EKRAB 20 BAY Bandar Abbat 1 (Natttaal Lin If Mulct) U.S. WEST CMST/MEUCS/CBKTMI. AMERICA CMTAMBI »VKf MM l» EMtNAOA LCAMKMS ICMU MNUIHUO ■wtwkt <m an m m gg toluca vii an an m* Alto accepting to other Heitcar damnations
      303 words
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      Page 45 Advertisements Column 1
      732 45 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnang* P. Ktlang Singapore SHAPLAEVERETT 22/23 May 24/26 May ROSEEVERETT 2/4 Jun 5/7 Jun iOHNEVERETT 12/14 Jun* 15/17 Jun WA "EVERETT ORIENT LINE"
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      Page 45 Advertisements Column 2
      665 45 carftrn to W»»l C<M«t. C>rrihtot«n,E«»t Canada, HAITI. Gmttwtli »nd Hondu VSI IS POUEIMAIWLINCW IUX |KST [SAW NYC HFX ZIM MELBOURNE 30/5 ZM IBERIA 17/1 1/7 *7 11/7 I*7 2IM OSAKA i.6 lIM NEW YORK 5/7 MP W W a/7 ZIM KOPER 14* ZIM HAIFA 14/7 W *P *P *f> ZIM
      665 words
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      Page 45 Advertisements Column 3
      718 45 Msing kwang hang SHiPMNO A TRANSPORTATION <rTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 23/5 25/5 JENWEL 24/5 27/5 I VESSEL S PORE BANGKOK""! A VESSEL 24/5 26/5 A VESSEL 1/6 3/ 6 DESTINATIONS ETA SINGAPORE PORT KELANG 25 MAY MANILA 25 MAY HONG KONG, ALL CHINA
      718 words
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      Page 45 Advertisements Column 4
      490 45 PERINTIS LINE] ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PRASETIA 95A 23/5 26/5 PELOPOR 943 26/5 29/5 PRASETIA 97A 30/5 2/6 PELOPOR 944 2/6 5/6 TANTO UTAMA 77 23/5 26/5 TANTO UTAMA 79 30/5 2/6 TANTO UTAMA 81 13/6 16/6 TANTO UTAMA 83
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      Page 45 Advertisements Column 5
      382 45 SIN Fa EAST 27/5 KEELUNG/KAOHSIUNG I 27/5 BANGKOK 1/6 MANILA 26/5 JAKARTA 25/5 PORT KELANG/PENANG 23/5 BUSAN 29/5 TOKYO/YOKO/KOBE 28/5 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuztiou/ Xiamen/Xingang; Shanghai SIN EUROPE/UK 27/5 LDN/FLX/LVP/SOU 27/5 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA i 24/5 L.A./NYC/SFO 24/5 VANCOUVER/TORONTO/MONTREAL SIN
      382 words
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      Page 46 Advertisements Column 1
      443 46 PLATOU PACIFIC >i ffc{ SHIPPING SERVICES REGULAR FAR EAST N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: *****59 ~~HANSA HANSA BREMEN V.012 RIGA V.Oll SINGAPORE 02/06 28/06 JAKARTA 06/06 03/07 SURABAYA 14/06 08/07 LOS ANGELES 16/07 10/08 VANCOUVER B.C. 26/07 20/08 General Agents: ANGLO FRENCH SHIPPING TEL:
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      Page 46 Advertisements Column 2
      215 46 VSL DESTINATION ETA SIN MAHA BHUM 10N BANGKOK 23/5 MEKHANIK KURAKO 10N BANGKOK 24/5 SIRI BHUM 448N BANGKOK 25/5 PIYA BHUM 226N BANGKOK 27/5 SD ORIENT 21R CEBU, MANILA tSfi AKA BHUM 22S CEBU. MANILA 1/6 O STRENGTH 23A KARACHI. BOMBAY 25/5 O SINCERITY 24A KARACHI. BOMBAY ot/« JENLINK 09N
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      Page 46 Advertisements Column 3
      298 46 feig ADKRIS BUSINESS Pit CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME M.V.'DAGOHOY' 06/90 25TH MAY MANILA/BISLIG M V DAGOHOY 07/90 IST JUNE MANILA general ACT CALSOURCE SHIPPING TRADING PTE LTD. S3 ROBINSON RO. #05 01 AFRO ASIA
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      Page 46 Advertisements Column 4
      493 46 ff/? PENANG KL: allied-link SINGAPORE: sgHr 04-*****2 03-*****55 778 6522(22 lines) (iSEEfIk V Marina Oog Svw Ng/Ctirtadna CMm Alica YmMw, Ym 0 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) WEEKLY CONTAINER FEEDER SERVICE VESSEL VOY S'PORE JAKARTA EDEN 9014 23/05 26/05 DELTA MAS 155N/156S 27/05 30/05 EDEN
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      438 47 TIDES AND WEATHER j TODAY'S TIDES j height m metres) HOlll MOO 0100 0200 0300 0400 0500 OCOO 0700 OHM 0900 ******************** *****C**********1****************00 ft 1.4 1.1 1.0 1.0 U 1.4 1.8 2.2 24 14 2.2 1.8 1.4 LI 0.8 0.8 0.9 12 1.7 22 2.6 2.7 25 22 PP 1.4
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      Page 48 Advertisements Column 1
      297 48 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement on the right! PAKISTAN NATIONAL SHIPPING CORP., KARACHI. 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 TWN S.KOREA JAPAN VESSEL BELAWAN
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      Page 48 Advertisements Column 2
      303 48 ▲HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK SEA FROM PSW LM OAK SIA HKG SIN HYUNDAI PIONEER 32E 25/05 31/05 18/06 21/06 24/06 HYUNOAI EXPLORER 30W 23/04 26/04 29/04 17/05 2405 LALANOIA 32E 01/06 07/06 2S/0S 2S/06 01/07 HYUNDAI COMMANDER
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      Page 48 Advertisements Column 3
      13 48 IVSL ETA LOADING FOR TBN 1(MB Bombay/Karachi TBN 18/6 Bengali/Tripoli/Algiers Subject to Inducement
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      Page 48 Advertisements Column 4
      523 48 Call *****58 or Fax *****82 SINGA PUMP SERVICES PTE LTD RENTAL ANL) f- T -EH.i L > P. F, T Hj H- T EMERGEfJCY PE •>P >E >ERi ESf < >R T•« LIQUID CARGO PROBLEM H y T'a' ;i < P.." D g R.: C-... UK/CONTINENT (TRIO) am. *r H0
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