The Business Times, 4 June 1990

Microfilm: NL17023
Total Pages: 70
1 24 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Monday June 4 1990 75*
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  • NEWS SUMMARY
    • Article
      Philippines may replace fleet with two dozen F-16s
      45 1 THE PHILIPPINES is planning to buy about two dozen F-16 fighters to replace its aging fleet of F-5 aircraft, the Philippine News Agency yesterday quoted the commander of the Philippine Air Force, Major-General Gerardo Protacio, as saying
      45 words
    • Article
      Stake in NOL
      42 1 JAPANESE trading giant Mitsui Co has bought a one per cent stake in Neptune Orient Line, and said it does not rule out the possibility of increasing its stake to an eventual 5 per cent. Shipping Times, Page One
      42 words
    • Article
      Arts fest
      30 1 THE Festival of Arts 1990 began last Friday. BT reviews the SSO gala concert, South Coast Repertory's You Never Can Tell and the enigmatic Sankai Juku Page J6,19
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    • Article
      New era
      31 1 SOUTH KOREAN President Roh Tae-woo has said his talks with Soviet leader Mikhail Gorbachev will open a new era in relations of the two once hostile countries Page 9
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    • Article
      Hi-tech meet
      30 1 WESTERN high-technology exporters are to meet in Paris on Wednesday and Thursday to discuss lingering differences over the easing of export restrictions to a reform-oriented East Page 9
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    • Article
      G-15 green light
      31 1 AT LEAST four projects discussed at the Group of 15 summit in Kuala Lumpur on South-South Consultation and Co-operation have been ap- proved by the leaders. Page 8
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    • Article
      Glaxo's commitment
      26 1 UK-BASED pharmaceuticals giant Glaxo yesterday signalled a firm and long-term commitment to the Republic with a hefty investment in young Singaporean minds Page 2
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    • Article
      Bodynits' new targets
      27 1 HOMEGROWN company Bodynits is setting its sights farther to the European and US markets, having made it in Singapore and neighbouring markets Page 2
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  • MARKETS SUMMARY
    • Article
      Hotel Plaza's plans
      36 1 HOTEL PLAZA Ltd is planning to use part of the proceeds from its public share offer to fund the group's expansion in the entertainment and leisure sectors both locally and regionally Page 3
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    • Article
      Bank of Tokyo push
      40 1 THE Bank of Tokyo Ltd plans more acquisitions in the US and will expand aggressively in Asia and Europe as well, said Bank of Tokyo's resident senior managing director for the Americas, Kenji Yoshizawa. Page 7
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    • Article
      Pan-European market
      36 1 THE EXECUTIVE vice-chair-man of the Federation of German Stock Exchanges, Rudiger Yon Rosen, has been pushing for the development of a panEuropean stock market. But this effort is still fraught with difficulty Page 6
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    • Article
      Insas revamp
      37 1 PAPER PRODUCT manufacturer Insas Bhd, which is proposing a multi-pronged restructuring, is expected to see a new group led by Datuk Amar James Wong Kee Mm acquiring a strategic stake in the group Page 4
      37 words
    • Article
      No certainty
      27 1 HOCK LOCK SIEW reminds listed firms not to take the sanguine view that a bonus issue, once proposed, is as good as accomplished Page 3
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 794.87 -0.91 Kuala Lumpur .586.54 +2.67 Hongkong 3,159.17 26.85 Tokyo 32,891.12 -239.68 Sydney 1,514.0 +3.4 New York 2,900.97 24.31 London 2,371.4 +26.3
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.8525 Yen (100) 551.2171 M> 550.6848 Money market rates Overnight 6 1/4% +3/4 3-month 7 7/8% -1/8
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    • Article
      COMMODITIES
      40 1 London Gold PM fix U*****.45 +0.40 Rubber S'poreJuly.. 158.75 */kg +1.25 M'sia July 230.50Vkg unch XL Tin Turnover 56 tonnes -35 Spot M$ 17.007 kg -0.02 Crude palm nl Miv Turnover 313 lots -512 June M 5676 /tonne -I
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  • Article, Illustration
    S'pore in the running for Nomura's Asian HQ
    477 1  -  From Loh Hui Yin in TOKYO NOMURA SECURITIES of Japan is looking for a location in Asia for its proposed regional headquarters and Singapore is in the running for it. Nomura has narrowed its choice to two cities Hongkong and the Republic
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  • Article
    HK exchange eases fund-raising rulings
    371 1  -  From Catherine Ong in HONGKONG THE STOCK Exchange of Hongkong has done away with the need for compulsory underwriting of share issues as well as relaxed other rulings governing fund-raising by listed companies. In an announcement over the weekend, the exchange said it would permit
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  • Article, Illustration
    PM Lee: Time to re-examine law denying citizenship
    521 1  -  From Margaret Thomas in BERLIN IT IS TIME to change the law that denies citizenship to the children born overseas to Singaporean women married to foreigners, says Prime Minister Lee Kuan Yew. "Since Singapore's men prefer to marry their educational juniors, we
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  • Article
    Singapore Business, FREE with BT tomorrow
    87 1 GET A FREE copy of the June issue of Singapore Business when you buy tomorrow's Business Times. Each copy of the June 5 edition of BT delivered to the home or office or sold on the newsstand will be accompanied by a complimentary copy
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  • Article
    Lock icon New US securities rule a threat to Euromarkets
    503 1 Reuter A CONTROVERSIAL new US securities rule is likely to tempt international borrowers to Wall Street for the first time, undermining the already sagging Euromarkets. Investment bankers said the landmark SEC ruling, called 144 A, will create a US market similar to
    Reuter  -  503 words
  • Article
    Global Strategies Supplement today
    49 1 DONT MISS today's issue of Business Times which comes with a 24-page Global Strategies Supplement, a must reading for all. Business Times is printed in three sections today: the main paper, Shipping Times, and the Global Strategies Supplement. Make sure you get all three sections!
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      298 1 s IS' MIklMOTO I In- >i it;in.i(oi •»I I llltlllCtl IVai Is Smco loU KAMPOOLI II 1 1 I I KS <.st>i.hiul Bill (IT I itinih! I Itttu) it'0 Ul 33h-13SI HK'S PAINFUL ANNIVERSARY 12 THE RE-MAKING OF A GIANT 13 THE RESURRECTION OF AN INDUSTRY 14 CONTENTS Aircraft Schedule
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      Page 1 Advertisements Column 2
      3 1 More stories. Backpage
      3 words
    • Advertisement
      Page 1 Advertisements Column 3
      173 1 rSTERLINCh I HOME FURNISHINGS j The look of success, #03/319-323 Marina Square, 6 Raffles Boulevard, Singapore 0103 Tel: 338 8661 1~~I I JAL knows how important a Ergonomicallv designed to relaxing flight is if you want to cradle you in comfort, each seat arrive feeling fresh and invigorated. features a
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Yamazaki's first Asian plant
        62 2 JAPANESE MACHINE tool maker, Yamazaki Mazak, is investing $36.5 million in a fully automated factory in Jurong, its first Asian plant outside Japan. The 15,000 sq m factory is expected to start operations by July next year and will have an R&D centre which will be
        62 words
      • Article
        A $12m boost for sports
        49 2 THE GOVERNMENT has set aside $12 million to upgrade sports facilities, said John Koh, Singapore Sports Council executive director, in the latest issue of NTUC News. Mr Koh was replying to a question during the recent NTUC-SSC seminar on employees' fitness for greater productivity.
        49 words
      • Article
        Teaming up for software push
        72 2 ORACLE Corporation and Digital Equipment Corporation have teamed up to jointly market their financial software packages and systems as an alternative to traditional accounting systems. Digital has begun an education campaign worldwide to train its sales force on the Oracle packages. In turn, Oracle is
        72 words
      • Article
        Germans on a promotion tour
        76 2 A WEST GERMAN TEAM will tour Singapore, Malaysia, Taiwan, Hongkong and Japan this month to woo tourists and convention delegates to Germany. Representatives from eight cities Berlin, Bonn, Cologne, Hamburg, Frankfurt, Munich, Hannover and Stuttgart and the German Touring and German National Tourist Board will
        76 words
      • Article
        Greek boost for marine sector
        84 2 SINGAPORE'S marine and ocean engineering industry will get a boost when the Association of Singapore Marine Industries (ASMI) takes part in a maritime exhibition in Greece. Called Posidonia'9o, the biennial five-day event, which starts today, will be held at the headquarters of the Greek merchant
        84 words
    • Article, Illustration
      Bodynits shapes up for markets in the West and Japan
      453 2  -  Sangeeta Mulchand HOME-GROWN company Bodynits is setting its sights further afield, having made good in Singapore and neighbouring markets. From this year, the company which manufactures and markets swimwear and exercise-gear will market its brand of products in Europe and
      453 words
    • Article, Illustration
      Glaxo sets up $50m fund for education of Singaporeans
      373 2  -  By Genevieve Cua UK-BASED pharmaceuticals giant Glaxo yesterday signalled a firm and long term commitment to the Republic with a hefty investment in young Singaporean minds. A trust deed marking a $50 million fund for the education of Singaporeans was signed
      373 words
    • Article
      ICL venture in software deal with SGH
      119 2 ICL SINGAPORE and its joint-venture software firm, SW International, have signed a memorandum of understanding with the Singapore General Hospital to develop a computer system and software application for Obstetrics and Gynaecology. Expected to be developed at a cost of $1 million over
      119 words
    • Article
      Transtech makes maiden payout to investors
      254 2  -  By Claire Leow VENTURE capital firm, Transtech Venture Management Pte Ltd has made a maiden distribution of 10 per cent of capital to its investors. With further distributions of capital and profits to investors in the near future, the funds are expected to yield
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      697 2 SINGAPORE INSTITUTE OF MANAGEMENT j I MANAGEMENT DEVELOPMENT PROGRAMMES I JUNE AUGUST, 1990 I r~< MiinmuT I 35 How to Use Role Plays, m I SENIOR WAWAqglHrllT Instruments and Structured 4 n MOMn Experiences in Training Jull6-18 1- Corporate Strategic Planning Jul 19 &20 3 6 Asia-Pacific Human Resource If~
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    • Advertisement
      Page 2 Advertisements Column 2
      76 2 I TRADE MISSION I 4TH BTH JUNE H 7 British Companies will be in Singapore this H H week seeking trade and investment H opportunities. H Sectors covered include: H Abrasive Tools H Architectural Ironmongery H Cooling Equipment H Data Communications H Fork Lift Truck Attachments H Roofing Products H
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Lock icon Perlis Plant expects to maintain earnings
      198 3 Bernama PERLIS Plantations Bhd expects to maintain current profit at the same level as that in 1989, its chairman Tan Sri Geh Ik Cheong said. Tan Sri Geh said in the company's 1989 annual report released on Friday that the group's consolidated pretax profit
      Bernama  -  198 words
    • Article
      Hotel Plaza plans expansion in region's leisure industry
      551 3  -  By Lim Mui Khi HOTEL Plaza Ltd is planning to use part of the proceeds from its public share offer to fund the group's expansion in the entertainment and leisure sectors both locally and regionally. Of the $67.8 million proceeds from its
      551 words
    • Article
      Don't take proposed bonus issues for granted
      603 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh IF THERE'S one thing the market loves, it's a bonus issue. The mere whiff of one can send a company's share price spiralling as investors chase after the freebies. The reaction was no different when
      603 words
    • Article
      Lock icon Hoare Govett Asia holding talks on tie-up in Malaysia
      278 3 MBT THE representative office of Hoare Govett Asia Ltd in Malaysia is holding talks with "one or two" stockbroking houses on a possible joint venture. Managing director Nicholas A Prior, who is based in Hongkong, said this is to enable the
      MBT  -  278 words
    • Article
      Lock icon STM revamp raises its share capital to M$2b
      314 3 MBT SYARIKAT Telekom Malaysia (STM) will undergo a restructuring exercise to raise its share capital to Ms 2 billion from the existing Mssoo million as a prelude to a listing on the Kuala Lumpur Stock Exchange. The restructuring is expected to include
      MBT  -  314 words
    • Article
      Three quotations for OCBC rights issue
      346 3  -  By Conrad Raj OCBC Bank will have three separate quotations for its recent rights issue and warned shareholders that there are restrictions on the registration and exercise of the accompanying warrants. This follows the bank's restrictions on foreign ownership of its stock to 20
      346 words
    • Article
      Lock icon IGB director plans KL hotel venture with Hongkong group
      253 3 MBT DATUK Tan Chin Nam, whose IGB Corp group is putting up two new hotels in Kuala Lumpur, may develop an additional hotel in his personal capacity in joint venture with the Mandarin Oriental Hotel group of Hongkong This proposed mediumsized
      MBT  -  253 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      147 3 2 Lufthansa's Asian Commitment: We've elevated First Class. j^^^^^ You' II notice the difference right away. Lufthansa's 8747-400 First Class is uniquely situated on the Upper Deck. A completely separate area. The service is gracious, the comforts are lavish. The sleeper seats are a dream. Any way you choose. They
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon KLSE likely to make statement on capital rule for broking firms
      527 4 Bernama THE KUALA LUMPUR Stock Exchange is expected to make an announcement today on the latest position concerning the requirement for broking firms to have a paid-up capital of at least MS2O million by June 1. Sources in Kuala
      Bernama  -  527 words
    • Article
      Insas to yield strategic stake
      493 4  -  By Lim Mui Khi PAPER PRODUCT manufacturer Insas Bhd, which is proposing a multi-pronged restructuring, is expected to see a new group led by Datuk Amar James Wong Kee Mm acquiring a strategic stake in it. Under the scheme, Orchid Hotel Sdn Bhd, jointly owned
      493 words
    • Article
      Lock icon NZ sells hotel chain to S Pacific Hotel Corp
      150 4 Reuter THE NEW ZEALAND government has sold a lossmaking chain of hotels offering accommodation and facilities at some of the country's most beautiful tourist resorts. The South Pacific Hotel Corporation bought the Tourist Hotel Corporation (THC) for NZ$73.85 million (US$42 million)
      Reuter  -  150 words
    • Article, Illustration
      Lock icon Packer regains control of Aussie TV network Nine
      331 4 AFP KERRY PACKER, reputed to be Australia's richest man, on Saturday regained control of the country's top-rating Nine television network after financially strapped Bond Media Ltd accepted a As2oo million (U*****.20 million) takeover deal. In a statement. Bond Media directors announced they
      AFP  -  331 words
    • Article
      Lock icon Murdoch to float SCMP shares this week
      288 4 Reuter RUPERT MURDOCH'S cash-hungry News Corp Ltd is ready to float slightly less than half of its stake in South China Morning Post Ltd (SCMP) this week for over HK$2 billion, market sources said. "News Corp will be able to cover its initial
      Reuter  -  288 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      236 4 It's not just you that arrives uncrumpled from an Air Canada flight. 3.4 cv ft 14.5 cv ft The average overhead luggage space of other airlines. The overhead luggage space in Air Canada's Executive Class. On an Air Canada flight, your hand better seats. They're wider, so you'll be more
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      169 5 WINSLiND HOUSE •AN OFFICE DEVELOPMENT FOR LEASE 1991 A- D Kpu** a*vw\ rTL T~ i I BtiSfMfe I V./ c cf a square >? |W i "J t-X/t 'n 1 < L*■ i -The labours 4 ih tffk* Mow- r"* f ir=n 1 > cak4 "for iTVMWpte for j| h
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Towards a pan-European market
      587 6 NYT THE EXECUTIVE vicechairman of the Federation of German Stock Exchanges, Rudiger Yon Rosen, has been pushing for the development of a pan-European stock market. But, at the same time, his continuing interest in protecting his home market shows why this effort is still fraught with
      NYT  -  587 words
    • Article
      Lock icon Esprit founders transfer ownership to investor team
      297 6 NYT IN A LAST-MINUTE agreement that prevents the sale of the company to outsiders, the husband-and-wife founders of Esprit de Corp have decided to transfer ownership of the clothing company to an investor group headed by the wife. Doug and Susie Tompkins, who
      NYT  -  297 words
    • Article
      Lock icon Polish firm to tie up with Fiat in US$1b deal
      176 6 Reuter POLAND'S state-owned FSO car plant expects to sign a joint-venture deal this summer worth US$l billion to make Fiat Tipo saloon cars, the head of the company has been quoted as saying. Henryk Oleniak, managing director of Fabryka Samochodow
      Reuter  -  176 words
    • Article, Illustration
      Lock icon Producer of Rambo films sells stake to Japanese firm
      418 6 NYT CAROLCO PICTURES Inc has sold a 10 per cent stake to a Japanese electronics company for US$6O million. The move is the latest illustration of the international business ties being forged by US entertainment companies. Carolco, best known as the
      NYT  -  418 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      296 6 ONE ACCOUNT, MULTI-USES Introducing the all-in-one account that links our banking services so that you can maximise your moneys potential. Multi Link. Multi-uses. More benefits. Greater convenience. The answer to your banking needs in the nineties. Take a look at what Multi Link can do for you. one account, can
      296 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Move to speed up clearing of cheques in Sabah
      290 7 Bernama BANK NEGARA will launch today a system for speedier clearing of outstation cheques in Sabah which will cut down the clearing period from 14 working days to not more than five working days. It said last Friday that the system,
      Bernama  -  290 words
    • Article, Illustration
      Lock icon Bank of Tokyo plans more takeovers in US
      642 7 Reuter BANK of Tokyo Ltd plans more acquisitions in the US and will expand aggressively in Asia and Europe as well, said Bank of Tokyo's resident senior managing director for the Americas, Kenji Yoshizawa. Last Friday, the bank completed buying Bank of
      Reuter  -  642 words
    • Article
      Lock icon Bank of Tokyo not interested in merger
      200 7 Reuter BANK OF TOKYO Ltd has no interest in a merger of equals with another Japanese bank, says its resident senior managing director for the Americas, Kenji Yoshizawa. "Other banks are free to consider it, but at this point we see no merit
      Reuter  -  200 words
    • Article
      Lock icon Southern Bank expects higher earnings
      420 7 Bernama SOUTHERN BANK Bhd expects its 1990 group earnings to increase in line with the strong economic growth driven by increasing direct foreign and private domestic investments and a strong domestic demand, says chairman Raja Tan Sri Zainal Raja Sulaiman. Writing in the bank's 1989
      Bernama  -  420 words
    • SMALL CHANGE
      • Article
        China's foreign reserves hit US$21.35b
        71 7 CHINA'S foreign reserves increased in the first part of the year. According to the People's Bank of China, the reserves at the end of March reached U5521.35 billion, an increase of U554.33 billion compared to the end of the first trimester of 1989. Economists said
        71 words
      • Article
        Zloty may be revalued
        65 7 THE POLISH zloty, devalued by 95 per cent last year when it was seen as incurably weak, could be in line for a revaluation because of a sharp rise in the country's hard currency trade surplus. Deputy Finance Minister Wojciech Misiag told reporters the government might
        65 words
      • Article
        IMF starts increasing capital
        117 7 THE International Monetary Fund (IMF) on Friday began the formal process for increasing its capital by 50 per cent, from 90 million to 135 million special drawing rights (SDRs) or from US$l2O million to US$lBO million. The 152 member states have until Dec 31, 1991, to
        117 words
      • Article
        BCCI not planning US closures
        96 7 LUXEMBOURG'S Bank of Credit and Commerce International (BCCI), which is fighting Honda state officials to keep its Miami bank open, said on Friday it has no immediate plans to close any of its US branches. Separately, a spokesman for Florida's state banking department said the
        96 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      107 7 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 SET wkw Bawl "**mt mStsL.
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  • Page 7 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Philippine economy beating the odds
        87 8 THE PHILIPPINE economy grew by 6.26 per cent in the first quarter of 1990 despite political instability, power shortages and high interest rates. Press reports, quoting top economic officials, said that the growth in the first three months was due to foreign debt reduction schemes,
        87 words
      • Article
        Cambodian factions in Tokyo
        76 8 CAMBODIAN Prime Minister Hun Sen and Khieu Samphan, leader of the communist Khmer Rouge resistance faction, arrived in Tokyo yesterday for peace talks with resistance leader Prince Norodom Sihanouk. Khmer People's National Liberation Front (KPNLF) leader Son Sann also arrived yesterday from Bangkok on the same
        76 words
      • Article
        HK retail sales up by 8pc
        99 8 HONGKONG March retail sales rose to an estimated HKS9.2B billion, up 8 per cent on the year earlier figure, according to provisional results released by the Census and Statistics Department. Volume in March grew by one per cent, the first year-on-year increase in volume
        99 words
      • Article
        US electronics firms rapped
        84 8 AMERICAN electronic firms in Malaysia have come under fire for allegedly "engaging in a ruthless campaign to keep unions out of their industry". A private organisation in Washington, in urging the US government to eliminate Malaysianmade electronic products from the duty-free programme called generalised system of
        84 words
    • Article
      Lock icon Thais close border markets ahead of talks
      148 8 AFP THAI military officials have closed all markets on Thailand's border with Cambodia to increase security before talks for a Cambodian ceasefire begin in Tokyo. The order, which became effective last Friday, was issued for fear the warring factions would intensify military operations
      AFP  -  148 words
    • Article
      Lock icon Manila acts to cut deficit by US$870m
      244 8 AFP THE PHILIPPINE cabinet has agreed to new fiscal measures aimed at garnering an extra 20 billion pesos (US$B7O million) to help shrink the country's ballooning budget deficit. Press Secretary Tomas Gomez said these measures included reduction of interest rates, tax reforms, increased
      AFP  -  244 words
    • Article
      Lock icon G-15 approves at least four projects
      336 8 NST AFP AT LEAST four projects discussed at the Group of 15 summit in Kuala Lumpur on South-South Consultation and Co-operation have been approved by the leaders and are expected to get off the ground as soon as possible. They are believed to include
      NST; AFP  -  336 words
    • Article
      Lock icon Japan wants to know needs of M'sian industries
      260 8 MBT JAPAN has asked Malaysia to submit proposals on how to develop its small and me-dium-scale industries (SMIs) by utilising the Japanese New Asian Industrial Development Plan (New Aid Plan). Japanese commercial attache Sadahiro Sugita said the plan calls for promotion of
      MBT  -  260 words
    • Article
      Lock icon India to relax investment policies
      261 8 FT INDIA is to liberalise its industrial and foreign investment policies, freeing at least 65 per cent of investment decisions by businesses, both foreign and Indian, from the need for government approval. The liberalisation was announced by Mr Ajit Singh, Minister of Industry. Companies will
      FT  -  261 words
    • Article
      Lock icon Singh, Mahathir to discuss trade
      202 8 Bernama ADDRESSING the wide imbalance in bilateral trade between Malaysia and India will be among the subjects discussed in talks between Indian Prime Minister VP Singh and Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad during the Indian leader's two-day official visit beginning today. "Following
      Bernama  -  202 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      210 8 Every day you make financial decisions that affect your company's future. To get ahead, you need accurate information as fast as possible: you need Hexagon, Hongkongßank's global electronic financial service system. Hexagon gives you direct access FOREX information, lending v and deposit rates, stock market information, and much more, with
      210 words
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  • THE WORLD 1
    • Article
      Lock icon Cocom policy on exports to E Bloc to be reviewed
      406 9 AFP WESTERN high-technology exporters are to meet in Paris on Wednesday and Thursday to discuss lingering differences over the easing of export restrictions to a reformoriented East. Agreement has been reached in the watchdog Coordinating Committee for Multilateral Export Controls
      AFP  -  406 words
    • Article
      Lock icon Rally underscores E German unease
      294 9 AP A RALLY last Saturday by about 65,000 communist supporters in East Berlin may be a taste of coming protests against the difficult transition to a market economy, say observers. Protesters gathered to denounce a decision by the new Parliament to place the vast holdings
      AP  -  294 words
    • Article
      Lock icon Roh expects talks with Gorbachev to open new era
      347 9 AP SOUTH KOREAN President Roh Tae-woo has said his talks with Soviet leader Mikhail Gorbachev will open a new era in relations of the two once hostile countries. Mr Roh is scheduled to meet Mr Gorbachev in San Francisco today after
      AP  -  347 words
    • Article
      Lock icon EC asks Seoul to stop closure of luxury counters
      127 9 AFP THE EUROPEAN Community has called on South Korea to stop department stores from closing sections selling expensive brand-name imports. Irish ambassador Richard Ryan, in his capacity as envoy of the country which currently has the rotating EC presidency, told South
      AFP  -  127 words
    • Article, Illustration
      Lock icon Iranians commemorate death of Ayatollah
      42 9 A distraught Ayatollah Ali Khamenei weeps daring a ceremony marking the first anniversary of the death of the late Ayatollah Rnhollah Khomeini in Teheran last Saturday. Iran is in mourning for six days. AFP picture AFP picture
      AFP picture  -  42 words
    • WORLD WATCH
      • Article
        IBM clinches major Soviet deal
        118 9 IBM CORP has signed its biggest contract yet with the Soviet Union, under which it will supply more than 13,000 personal computers for use in schools. "It is a significant step up from the level of (Soviet) business we've been doing before," said IBM spokesman
        118 words
      • Article
        Environmental projects unveiled
        69 9 EUREKA, Western Europe's collaborative effort to sponsor research into high technology, announced last Friday more than US$l billion of new research projects, nearly half of which are related to the environment. "We want to stress the problems of the environment... and make Eureka environmentally orientated," said Koos
        69 words
      • Article
        VW in Yugoslav joint venture
        86 9 WEST GERMANY'S giant Volkswagen car-maker will invest US$6O million in a Yugoslav subsidiary that will manufacture two of its latest models in the *****. In a joint statement released last Friday in Sarajevo, Volkswagen and UNIS, a Yugoslav company that has undertaken small-scale production of
        86 words
      • Article
        Cardial moving into Kazakhstan
        76 9 PIERRE CARDIN, the couturier-entrepreneur-restaurateur, has signed a contract for a new restaurant to be called Espace, like his Paris theatre-restaurant, to be built in the capital of Kazakhstan, the Soviet Union's third largest republic lying along part of its border with China. His restaurant will be
        76 words
    • Article, Illustration
      Lock icon Fate of US-Soviet trade pact in doubt
      578 10 US-Soviet summit meeting AP US PRESIDENT George Bush has given Soviet President Mikhail Gorbachev the economic prize he sought from their summit meeting a signed trade agreement but whether the accord will ever take effect is far from certain. For one thing, Mr
      AP; AFP picture  -  578 words
    • Article
      Lock icon US experts see little demand for Soviet goods
      456 10 AP THE NEWLY SIGNED USSoviet trade agreement offers the potential of billions of dollars in economic benefits for both countries, but trade experts in Uie US say that for now, the Soviets produce little that Americans are interested in buying. The exceptions
      AP  -  456 words
    • Article
      Lock icon Chevron signs major oil venture deal with Moscow
      417 10 Reuter US OIL COMPANY Chevron has signed an agreement with the Soviet Union which will open up a potential multi-billion-barrel oilfield one of the gems of the oil-rich Caspian Sea to possible development by the American company. The deal is part of
      Reuter  -  417 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      41 9 Outside CBD and next to Newton MRT Station OFFICE SPACE from 2,600 to 12,000 square feet (on one floor) urn Available around August 1990 am $5.50 per square foot (inclusive) nett Ample Covered Car Parks GEORGE LOW CO mm CHARTERED SURVEYORS
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      Page 9 Advertisements Column 2
      116 9 ML i The immediate, yet quickly forgotten pain you receive when you pay down the user into leaving promptly at five and taking as long as possible for for a good quality office chair? Or, saving a few dollars and sentencing some lunch. This is not very productive. poor unfortunate
      116 words
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  • Page 10 Advertisements
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      178 10 THE TIME MACHINE LANDS IN SINGAPORE A »*W*»Blww>Sj K(• mimiimm«• /7/7? 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 seats as well as the space and room
      178 words
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      33 10 < IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg.. 4-8-1 Hatcho bori. Chuo-ku, Tokyo 104, Japan Tel: 03 553 6961 Fax: 03-555-2892 I *aaa flftifimjjfi
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      60 11 ■1 Mw' mm Br H B ■bbbbbbbbHhbbhP i *P Ml jmLv B Miß B Mm? mWsMMMWMWMWMWI B BfHX s^t^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^l^^B HI BT I Hj ***************88 Ik B BT Jfl ■BBBBbW»* V"*! y lfl ***************8888 BB mm ■I ~9Mf*~ -^Bi? Bk. m Mmnm mmMnK' mmW X w f s B"B Br ELio,
      60 words
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  • ANALYSIS
    • Article, Illustration
      Hongkong wakes up to a painful anniversary
      1339 12  -  One year after blood flowed in Tiananmen, BT's Hongkong Correspondent Catherine Ong takes the pulse of the colony Catherine Ong ONE YEAR after the June 4 Tiananmen Square killings dealt a body blow to the Hongkong economy, businesses in the British colony are
      1,339 words
    • Article
      Changes are in the air despite the stand-off
      695 12 WHEN HONGKONG commemorates the first anniversary of the Tiananmen Square massacre today, a cautious, subdued mood quite unlike last year's massive outpouring of emotions will prevail. A year to the day the Red Army rolled its tanks into the world's largest public
      695 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      54 12 Available Now $4.90 p.S.f. Tanjong Pagar Conservation Area Call 222-0186, 222-3385, 222-3387 or visit our showhouse at 36, Duxton Hill. CONSERVATION PROPERTY HOLDINGS PTE LTD, GOLDHIII ORCHARD LAND PRIVATE LIMITED, 51 GokMl Plaza #22-01, Newton Road, Singapore 1130. Tel: *****33 Fax: *****06 Telex: GOLDIIILL RS ***** Cable: Goklhouse Another Profed
      54 words
  • Page 12 Miscellaneous
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  • FOCUS 1
    • Article, Illustration
      Lock icon The re-making of an electronics giant
      1022 13  -  Efforts to re-shape Dutch electronics manufacturer Philips must involve the transformation of its corporate culture, says Guy de Jonquieres Guy de Jonquieres FT IN HAPPIER DAYS, Cor van der Klugt. outgoing president of Philips, used to liken his struggle for improved international competitiveness to
      FT  -  1,022 words
    • Article
      Lock icon Psychiatry — Japanese workers' secret friend
      507 13 Psychiatry Japanese workers' secret friend AFP EXHAUSTED by long workdays and getting little sympathy both in the office and at home, a growing number of Japanese wage earners are seeking psychiatric help. "There are more and more of them coming to see me and they use me like a secret
      AFP  -  507 words
    • Article
      MEMOPAD
      373 14 Seminars and courses Duration Tide Venue rrC-MJ (Asia Pacific) Tel Mar 17-Jun 6 IT Programme for Yen San Building *****44 Office Workers Singapore Consultants Mar 28-Jun 13 Course on Arbitration Hotel Equatorial Singapore Institute *****26 Law Practice Singapore of Arbitrators Jun 1-6 Effective Human NPB Building Petemarketing *****00 Relations
      373 words
    • Article
      Lock icon The man who resurrected Japan's electronics industry
      976 14  -  Bart Ziegler profiles Homer Sarasohn, who tutored Sony founder Akio Morita and other great names in Japanese electronics ENTERPRISE MANAGEMENT EDITED BY CHUANQ PECK MfIMQ Bart Ziegler AP NOBODY ELSE has Homer Sarasohn's view of the phenomenally successful Japanese electronics industry he's largely
      AP  -  976 words
    • Article, Illustration
      Lock icon The Large Order Syndrome
      910 14 FT PERIODICALLY, a madness seizes companies. It descends without warning upon its helpless victims, who are without either cure or palliatives. They can only wait for it to go away, and then soldier on gamely until the next attack of this dreadful and sometimes fatal ailment.
      FT  -  910 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      215 13 For the same price, which image would you rather have? I was printed on a 24 pin dot matrix. I was printed on a HP DeskJet PLUS. UnreUmched actual rcprtxlui turn Unrctouched actual reproduction If you thought personal laser-quality surprised. And you can see what else -as printing was a
      215 words
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      319 14 Management Consultancy SI/ T r 1/ Seminars And Training H I I I Business Assistance L L I L It Manpower Recruitment CONSULTANTS Business Centre Direct Mailing T| I m mmm m m Jftmrk Kjfafci HOWTO ACQUIRE EXTRA OFFICE SPACE FOR ONLY $80 PER MONTH W&T RECORDS STORAGE MANAGEMENT Now,
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  • SPORTS
    • Article
      Lock icon Capriati clinches quarter-final berth
      548 15 AFP AMERICAN TEENAGER Jennifer Capriati helped out the organisers and became the first player to reach the quarter-finals at the French Open tennis championships in Paris yesterday when she crushed Mercedes Paz of Argentina 6-0, 6-3. At 14 years and 67 days, Capriati becomes the youngest
      AFP  -  548 words
    • Article, Illustration
      Lock icon Muller confident of a place in starting line-up
      301 15 AP BRAZILIAN STAR Muller says he not Bebeto will start with striker Careca in his team's first World Cup match. But coach Sebastiao Lazaroni refused last Saturday to confirm or deny Muller's statement to reporters in Asti, Italy. Brazil opens its World
      AP  -  301 words
    • Article
      Lock icon Steve Jones hits hole-in-one on his way to the lead
      400 15 AP STEVE JONES rode a hole-in-one to a six-under-par 65 last Saturday and a threestroke lead over four players after three rounds of the Kemper Open in Potomac, Maryland. Seeking his first victory of the year, Jones completed three trips
      AP  -  400 words
    • Article
      Lock icon Cameroon plots Argentina's downfall
      308 15 AP A DAY after arriving amid horn-honking and flagwaving at Italy's Bari Airport, Cameroon got down to serious business last Saturday. It started plotting how to beat defending champion Argentina in the World Cup opener on Friday. In the quiet hills of Selva di Fasano overlooking
      AP  -  308 words
    • SIDE LINES
      • Article
        China wins Thomas Cup
        109 15 w CHINA, seeking just prestige, sailed past bounty hunters Malaysia 4-1 to lift their third consecutive Thomas Cup men's team badminton title in Tokyo yesterday. The Chinese fielded the same players that won them the cup against Malaysia in 1988 and produced the same result. Malaysia
        109 words
      • Article
        Three-way tie for Masters lead
        72 15 ENGLISHMAN Mark James shot a six-under-par 66 last Saturday to take a share of the lead with Northern Ireland's David Feherty and Australian Brett Ogle after three rounds of the US$5lO,OOO British Masters in Woburn. Feherty and Ogle had 68s and the trio had 54-hole
        72 words
      • Article
        Holyfield closer to title bout
        112 15 EVANDER HOLYFIELD is on the brink of a tide shot against James "Buster" Douglas, while two former champions appear headed for a big-money match against each other. "The WBA will conduct purse bids Sunday, June 10 at 4pm (2000 GMT) at the Plaza Hotel" in
        112 words
      • Article
        French cyclist beats race leader
        64 15 FRENCH CYCLIST Charles Mottet outsprinted overall leader Gianni Bugno at the finish last Saturday to win the 16th stage of the Tour of Italy, but Bugno virtually sealed the overall victory with a more than four-minute lead with four stages left. Mottet covered the 171
        64 words
  • Page 15 Advertisements
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      183 15 We've Moved To The Beach r h n From today, Tandem Computers International Inc. is at 152 Beach Road #26-00 Gateway East Tower Singapore 0718 Tel: 296-0669 Fax: 298-2123 Telex: RS ***** Our move to a premier office address is a testimony of our growth and expansion. With a significantly
      183 words
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  • THE ARTS 1
    • Article, Illustration
      Symphonic tribute to Singapore's pioneers
      839 16  -  Singapore Festival of Arts 1990 A gala evening with the Singapore Symphony Orchestra last Friday started on this year's Festival of Arts. P V Van reviews the concert given at the Victoria Concert Hall. P Y Van IN HIS AUTOBIOGRAPHY, On the beat to the
      839 words
    • Article, Illustration
      A performance marked by Shavian wit and vivacity
      616 16  -  Claire Leow reviews South Coast Repertory's sparkling performance of Shaw's You Never Can Tell at the Victoria Theatre on Friday night Claire Leow THE VISUALLY stunning South Coast Repertory has once again confirmed its reputation for excellent production design. Since Friday, Singaporeans
      616 words
    • Article, Illustration
      Visions from a dream world
      626 19  -  Singapore Festival of Arts 1990 Sankai Juku intrigued Lisa Lee with its dream-like, often surprising, performance of poetic dance forms at the Kallang Theatre on Friday night Lisa Lee THEY HAVE attained international fame for their incredible performances hanging upside down, but the five men
      626 words
    • Article, Illustration
      Int'l Festival Chorus gives an enthusiastic, sincere Gerontius
      799 19  -  Elgar's The Dream of Gerontius expresses the doubts of the human soul as it faces death, and its mystic hopes for life after death. P V Van attended last week's performance of this work by the International Festival Chorus. P Y Van
      799 words
    • Article, Illustration
      Lock icon The inimitable Henry Higgins
      735 19 NYT REX HARRISON could not sing but he will long be remembered for his portrayal of Henry Higgins, the waspish professor of phonetics, in My Fair Lady, the musical based on George Bernard Shaw's play Pygmalion. The suave British actor who won a Tony in 1957
      NYT  -  735 words
  • Page 16 Advertisements
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      209 16 FINAL RELEASE BY DEVELOPER ~4&<0" Remaining 17 units out of AmW Bp£ a total of 35 unite mW Wmv (w,,n Investment Income) H W\mm mW Bw^H LE CHATEAU (MAISONETTES APARTMENTS) Cavenagh Road fc g Less than 5 mins walking distance to Orchard Road Tw Freehold land "Cabana" styled apartments/ maisonettes
      209 words
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      Page 16 Advertisements Column 2
      49 16 I WIN I BOCTOK Check Out I The I I New I Paper's i Sunday I I World i Cup I Editions I m June 10, 17 &24 1 i July 1 8 I J Available At p All 7-Eleven Outlets And pj Convenience Stores B I m I
      49 words
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      172 17 As Global Competition Intensifies, Information Systems Must Change To A Competitive Advantage. Economic experts agree that the 1990s tegy far more flexible and able to adapt Its client/server architecture lets you will see unprecedented competition in rapidly to change than those of the past distribute computing resources more effiglobal markets.
      172 words
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      205 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE... Some like it hot Spicy Szechuan dishes served at lunch and dinner daily in the cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338 8585 ext *****/6. TntwtsnNPlaza Westin MaJMMMaBI We Make
      205 words
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      Page 18 Advertisements Column 2
      310 18 THE INDIANA UNIVERSITY SCHOOL OF MUSIC 1990 GOODWILL CONCERT TOUR Monday, 4 June 1990 Tuesday, 5 June 1990 Dinner and concert: I7snett per person Concert MOnen per person Crystal Ballroom, Hyatt Regency Singapore Cocktails: 7.00 pm Dinner: 7 30 pm Concert: 9 00 pm Famous operatic arias Beloved Broadway hits
      310 words
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      Page 18 Advertisements Column 3
      201 18 Sky Garden Poolslde Dally: 6.30 10.30 pm Adult: $12.50 Child: $8 'Complimentary birthday cake for a Plaza Hotel minimum of wn Please make mmWmmmmmmmmmmM reservations 4 days In advance, mmmr 7w 5 mm* Li\ J1 W Together, they will m entertain you with a wide repertoire of musical renditions. Led
      201 words
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      Page 18 Advertisements Column 4
      253 18 Scandinavbn ■IrnargasbartJ 1 The best of Sweden, Norway, Denmark, Finland and Iceland, find their way to The Belvedere's June Buffet. Here, you'll discover there's indeed more to Scandinavian five than salmon. Scandinavian BuflFet Lunch June 1 30, Noon 2.30pm Adult: $36-<- Child below 10: $18+ We serve the world to
      253 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      642 18 Hiding from Nazi terror Some mysterious beasts are terrorising New York City. Albert Finney, Edward James Olmos and Gregory Hines discovers that no one's talking about the muggers. A rather intriguing and surrealistic 1981 mystery. What Einstein Ntv«r Knew, tJtpa, SBC 12 Can the physicists of the world ever find
      642 words
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      189 19 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? |URil I MONDAY TO FRIDAY, BSEg 12 NOON TO 2.30PM.531.00 PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the
      189 words
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      Page 19 Advertisements Column 2
      280 19 TRADITIONAL Cantonese cuisine '^K^^P H BEST HONG KONG c DIAN XLN IN TOWN QrnaQ©w Restaurant *W 1 Marina Bay Col/ Country Club k V A 9 6Marr<aGrienS*igaporeoioi m^mWMam W For Reservations Please Call *****11. A~ TIENGOURT* SICHUANMM For a Wealth of Exotic Sichuan Delights! Whether it's our mouth-watering steamboat prepared
      280 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Local bourse expected to drift sideways
      4815 20  -  By William Chia THE Singapore stock market, which ended last week on a softer note, is expected to continue consolidating this week, with share prices drifting sideways. Hongkong-based research house Cresvale Far East said: "After rallying for four consecutive weeks, the Singapore market underwent
      4,815 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4236 21 Main Board S Land Writ Spore Land I GE Life I CAC ShaaagrvLa Cold Storage H EELS Wt NOL Pre/ IO* Roth Inds50* FELS50* Ming Court QUI Semb Maritime Aku Hldgs50* Semb Ship Wt CAC Wt Wing TaalV Spore Fodder NOL SIA Foreign SPH Foreign
    4,236 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Foreign support gives index a handsome gain
      1172 22 DBS Securities STRONG foreign interest boosted Hongkong stocks, with the Hang Seng Index gaining a handsome 3.26 per cent on heavy turnover to close the week at 3,159.17, its highest level in more than a year. Trading, cut short by a local public
      DBS Securities  -  1,172 words
    • Article
      Lock icon Field day for the bulls
      203 22 AFP BULLS had a field day in India's main stock market in Bombay last week, boosted mainly by some excellent performances by leading companies. The Bombay Stock Exchange (BSE) sensitivity index reached 811.59 on Tuesday, up from 810.15 a day earlier, before closing at 799.50
      AFP  -  203 words
    • Article
      Lock icon Wall Street's not a pretty picture] despite a surge in prices
      763 22 FT ONWARD and upward went the intoxicated US stock markets last week, hitting record heights again and again until Thursday finally brought a cold shower in the form of some very mixed economic statistics. The much awaited report on
      FT  -  763 words
    • Article
      Lock icon Market advances for the fifth week
      311 22 AFP SHARE PRICES moved irregularly and closed the week moderately higher on the Tokyo Stock Exchange, with the Nikkei Stock Average of 225 selected issues gaining 97.24 yen or 0.3 per cent to 32,891.12 yen. It was the fifth week in a row that
      AFP  -  311 words
    • Article
      Lock icon Good economic news lifts sentiment
      188 22 AFP ENCOURAGING economic news and rises on Wall Street boosted Australian stocks during the week, brokers said on Friday. The main market indicator, the All Ordinaries Index, gained 34.3 points to 1,514.0. The All Industrials Index was up 49.3 points to 2,357.6 while the All
      AFP  -  188 words
    • Article
      Lock icon Investors take profits on new issues
      181 22 AFP PRICES of most stocks on the Jakarta Stock Exchange (JSE) weakened last week as local investors sold for a quick profit on new issues. The sell-off and poor demand brought the JSE Index down 1.9 per cent to 635.026 points on Friday, compared
      AFP  -  181 words
    • Article
      Market tracks Wall Street's advance
      853 22  -  Ray Hoath AN INVISIBLE elastic band appears to link London's share prices to Wall Street. As New York moves ahead of London, the elastic stretches, until twang! UK share prices are suddenly catapulted in the same direction. Last week the twang was worth more than
      853 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      504 22 SING INVESTMENTS FINANCE LIMITED 1 I SIF\ (Incorporated in the Republic of Singapore) I OF MEETING I I TO ALL SHAREHOLDERS I NOTICE IS HEREBY GIVEN that the Annual General Meeting of I Sing Investments Finance Limited will be held at 96, Robinson B Road #02-00, SIF Building. Singapore.olo6, on
      504 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Previous week's rally fizzles out
      4074 23 MBT THE RALLY in the previous week proved too much for the Kuala Lumpur stock market and it slipped into a lethargic mood last week to close slightly easier in sluggish trading. Brokers noted that most market operators refrained from taking positions and adopted a
      MBT  -  4,074 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      149 23 Business Times Welcomes all Delegates of the Global Strategies Conference Business Times CONCISE RELEVANT COMPLETE FOR THE LATEST LOCAL FOREIGN BUSINESS NEWS Get all this and more. Subscribe to Singapore's only business daily. Complete subscription form and mail it to: FORM Business Times Circulation Department, 111 Somerset Road, namf #13-06
      149 words
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  • WORLD STOCK MARKETS
    • Dow breaks through 2,900 barrier
      • Article, Illustration
        NEW YORK
        944 24 US BLUE CHIPS climbed to a sharply higher finish on Friday, propelled by weaker-than-expected US jobs data, to break through a psychological barrier in the final moments of trading and set a new record closing high. The Dow 30 index broke through the 2,900 level in the morning,
        944 words
      • Article, Illustration
        LONDON
        754 24 SHARE PRICES ended higher on London's Stock Exchange on Friday, boosted by Wall Street's gains and speculation of a brewing takeover. Strong stock futures trading also supported shares, as did the continued shortage of stock, dealers said. Trading was moderate. At the close, the Financial TimesStock Exchange 100-share index
        754 words
      • Article
        AMSTERDAM
        366 24 DUTCH SHARES closed at a new 1990 high on Friday as sentiment was spurred by the Dow Jones Index' break through the 2900-level and an average 30 guilder cent rise in Dutch bond prices, dealers said. The CBS all-share index closed 0.6 points higher at 121.1. Traders noted that
        366 words
      • Article
        BRUSSELS
        175 24 BELGIAN SHARES closed mostly higher on Friday, shrugging off some early profit-taking and picking up volume in later trading, dealers said. The main forward market index rose 16.87 points to 6,294.07, while the cash market index added 23.09 points to 6,281.66. Utilities firm Tractebel was among the biggest gainers,
        175 words
      • Article
        JOHANNESBURG
        409 24 GOLD SHARES closed easier on a on a subdued Johannesburg stock market on Friday as investors, plagued by continued uncertainty about the depressed bullion price, remained mostly sidelined ahead of the weekend and after Thursday's Republic day holiday here, dealers said. Other leading minings followed golds in low volume
        409 words
      • Article
        MILAN
        170 24 ITALIAN SHARES ended the week strong in active trading as the MIB index climbed 0.27 per cent to a new 1990 high of 1,094 on Friday. Brokers said investor sentiment was lifted by Thursday's government figures showing that inflation declined slightly in May and by price gains on major
        170 words
      • Article
        PARIS
        283 24 FRENCH SHARE prices ended near the day's low on Friday on profit-taking ahead of the long weekend in active trade, with Lafarge's heavy trade accounting for around a seventh of today's volume by value, dealers said. The CAC-40 index closed 19.91 points down at 2,087.60, near its day's low
        283 words
      • Article
        TORONTO
        256 24 PROFIT TAKING and heavy losses in gold shares trimmed early gains on the Toronto Stock Exchange on Friday, dealers said. But analysts are optimistic provincial premiers will agree on constitutional reform before the Meech Lake deadline and the market will bounce up. The composite index rose 11.0 to 3,592.99
        256 words
      • Article
        ZURICH
        357 24 SWISS SHARES closed at a new year high as prices moved up in late trading on Friday, supported by weak US jobless data that pushed the Swiss franc higher. A strong franc helps attract foreign capital into Switzerland. At the same time, lower US interest rates ease upward pressure
        357 words
      • Article
        Untitled
        233 24 INDICES TURNOVER NEW YORK Cloae June 1 Previous Dow Jones NYSE Financial SAP 500 Turnover (million) 2900.97 149.63 363.16 187.860 2876.66 +24.31 147.88 +1.75 361.23 +1.93 165.69 +22.17 LONDON Financial Times 30 FTSE 100 Turnover (million) 1882 4 2371.4 499.3 1855.0 +27.4 2345.10 26.3 4662 +331 AMSTERDAM CBS General NA
        233 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dealers see continued mark weakness
      517 25 [weekly ROUND-UPI THE US DOLLAR slipped in New York last Friday on news of a soft May US employment data but later gained during afternoon trading on the mark's weakness. "The employment numbers helped push us down from 1.6930 marks at the opening to about
      517 words
    • Article
      Lock icon Asian currencies ease against US$
      730 25 ASIAN CURRENCIES AFP MOST ASIAN CURRENCIES weakened slightly against the dollar last week as international uncertainty over the Soviet Union boosted the dollar. The Australian and New Zealand dollars rose slightly on the week, as did the South Korean won and the Taiwan dollar, but
      AFP  -  730 words
    • Article
      INTERBANK FOREX RATES
      397 25 Cross rates June 2 USS SS MS Dm Yen SFr AS NZS uss 1.8525 2.7085 1.7000 151.90 0.5949 1.4375 1.3021 1.7346 0.5398 0.9177 0.8200 0.3211 0.7760 G .9364 0.3692 68.40 0.6277 0.5608 0.2196 0.5307 0.4807 E 6404 Dm 0.S882 1.0897 1.5932 89.35 0.3499 0.8456 0.7659 1.0204 Yen
      397 words
    • Article, Illustration
      Lock icon Futures exchanges closer to 24-hour global trading
      603 25 Reuter FUTURES EXCHANGES around the world moved a step closer towards 24-hour global trading last week with the removal of key obstacles that could have hindered the success of electronic trading. Long-awaited decisions that could have a significant impact on Globex, a joint
      Reuter  -  603 words
    • Article
      Lock icon Treasury securities likely to see consolidation
      270 25 Reuter TRADERS of US Treasury securities will probably use this week to consolidate gains and debate how soon the Federal Reserve may be easing credit, economists said. Some economists believe the Fed will at the very least wait for upcoming May US inflation data
      Reuter  -  270 words
    • Article
      FINANCIAL FUTURES
      294 25 IIYIm June I DEUTSCHEMARK Open High Low Sett Vol Op/lnt Jun 90 0.5906 Sep 90 0.5904 El EES* C 2H ***** ***** EURODOLLAR Open High Low Sett Vol Op/lnt Jun 90 91.61 Sep 90 91.59 91.73 91.83 91.60 91.57 91.67 91.78 *****5 *****2 JAPANESE YEN Open High Low
      294 words
    • Article
      PRIME LENDING RATES
      422 25 ABN Bank 8 Allied Irish Bank PLC 8 Amen can Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8'/. Arab Bank Ltd 7'/« Asia Commercial Bank 7 ANZ Banking Group 8 7W. 8 8 Bangkok Bank 7% Bank Bumiputra 7V, 7Vt 7% 6Y. Bank of
      422 words
    • Article
      MONEY MARKET
      590 25 Interbank rates si Bid Offer Overnight 6 1/4 6 1/2 1-month 8 8 1/8 2-month 7 7/8 8 3-month 7 7/8 8 Overnight mode: 6-5/16 US$ High l>ow 7 days 8 3/16 8 1 8 1 month 8 1/4 8 3/1 6 2 months 8 1/4 8 1
      590 words
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  • COMMODITIES
    • Article
      Lock icon Analysts expect price of gold to fall further
      431 26 Reuter GOLD is under siege, beset by heavy selling and a loss of investor confidence, some analysts say. They believe the metal is poised to fall further, possibly to as far as US$32O an ounce. But others are confident that if gold
      Reuter  -  431 words
    • Article
      Lock icon Malaysia urged to review membership in tin body
      292 26 Bernama MALAYSIA should seriously reconsider its membership in the Association of Tin Producing Countries (ATPC) if Brazil and China opt to remain outside the grouping, the managing director of Datuk Keramat Smelting Sdn Bhd, Mr Nazir Ariff, said. Commenting on a call
      Bernama  -  292 words
    • Article
      Cocoa, sugar, crude oil register heavy losses
      876 26 |WEEKLY ROUNDIjP| COMMODITY markets were rather dull over the past week, which was shortened by a holiday in Britain on Monday. Several markets, including cocoa, sugar and crude oil, registered sizeable losses. Cocoa retreated from the previous week's near twoyear high, reached on
      876 words
  • Article
    PRICES
    1080 26 Rubber MS (fob in bales) S cents/kg May 30 158.00 May 31 157.50 June 1 158.75 MRELB (fob in bate*) M cents/kg Int 1 RSS April May 28 Close 231 50 231.00 May 30 230.50 May 31 230.50 June 1 230 50 LONDON (June 1) pence/kg Close Previous 111
    1,080 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      587 26 NOTICES UNITED INDUSTRIAL CORPORATION LTD (Incorporated In the Republic of Singapore) LOST SHARE CERTIFICATES Applications have been made to the directors of the abovenamed company to Issue duplicate share certificates In place of the following share certificates which have been reported lost or destroyed: No. of sharM Carttncate No. Mam*
      587 words
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      Page 26 Advertisements Column 2
      439 26 THE COMPANIES ACT. CAP. 50 CREDITORS' VOLUNTARY WINDING UP NOTICE OF APPOINTMENT AND SITUATION OF OFFICE OF LIQUIDATORS Name of Company: Automotive Audio Accessories Pie Ltd Company No OtM25/1982 D We. Don M Ho and Wee Aik Guan of Delome Has Kins Sells. NRIC Nos *****68-E and *****56-J hereby give
      439 words
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      Page 26 Advertisements Column 3
      8 26 overseas about Singapore. Subscribe now Call 740-UMOVI. I
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      Page 26 Advertisements Column 4
      15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      957 27 QF81 SQ228 1840 1915 SQ225 2215 RJ182 1445 RJ183 2320 KL842 2035 GA893 KL841 SQ23 1045 1055 1200 TE25 SQ388 1800 2025 TE28 1920 taaaWSari B1421 SQ181 BM29 1100 1410 2030 SQ182 B4422 O430 0915 1205 2125 Baajjjfcafc Qf62 SK971 TG403 SQ69 TG407 TG40S SN287 S061
      957 words
    • Article, Illustration
      The success of Bohemian glass
      647 27 LETTER FROM PRAGUE EXCAVATIONS have established that, in the area of present-day Czechoslovakia, glass was known and used in the form of bead necklaces and, later, bracelets. In the early Middle Ages the first blown glass was used for drinking and at the same time
      647 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4170 1.4370 Canadian dollar 1.5650 1.5850 NZ dollar 1.0500 1.1000 Sterling pound 3.0950 3.1250 US dollar 1.8505 1.8605 Local dollars to 100 units of foreiga currency Austrian schilling 15.20 16.20
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      91 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jun 1-4 International Italy E.A Fiera (39)2/***** Jun 10-13 International France Comite des (33)1/*****000 Exhibition Internationale Exhibition of Expositions de of Gift Aiti Milano Wallpapers Paris des. Fancy Furnishing Goods Items Textiles Jun 7-13 International Fair West
      91 words
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      3 27 USA Air Canada
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      50 27 ANNOUNCEMENT SINGAPORE \WW BaavaW Buy a copy of Business Times on 5 June and get a copy of Singapore Business FREE. SmNGApore Business and YOU COULD GET •Ch ivas Regal b plus lucky draw prizes ■UlllllllllWßßßl For Enquiries, Please Call Tel: 255 0011 (Circulation Dept) 740 1280/740 1841 (Customer Services
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  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      242 27 23 Was ■ye 1? a-a r < S r fu!, fami, (6) r 23 Light cutting instrument (5) 25 Vessels intended for leav- 6 Withdrew from area of 24 Brace one's shoulders mgJtalian river in frightful land surrounded by parsh back wnen wa|king? (5) 26 Maybe detective posing as 7
      242 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      214 27 Singapore Outlook: Fair except for showers over a few areas ia the morning Report Max temp 33.4 X? Assoc humidity 64% Mm temp 27.3* C Assoc humidity 89% Hrs of sunshine 7.25 Rainfall in mm 0.2 Rainfall this mth 13.8 Rainy days this mth 2 World report Asia-Pacific Hi/Lo* Cond.
      214 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      19 27 no doubt psboot rr S^ L u^°to% Ijxzjgm t. squeezed the top^m J&k CIVOIIO BTAHOAWO CO. LTD. WM-HW VdU
      19 words
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  • Article
    Europeans know Asian economies will not wait: PM
    608 28  -  Margaret Thomas in BERLIN EUROPE's entrepreneurs know that if they lose ground in Asia's markets, it will be very difficult for them to catch up, in the view of Prime Minister Lee Kuan Yew. His impression after meeting many of Europe's leading
    608 words
  • Article
    Korean re-unification inevitable: Lee
    198 28 IT IS inevitable that North and South Korea will reunite one day, Prime Minister Lee Kuan Yew told Singapore journalists after a brief visit to East Berlin on Saturday afternoon. He said he remembered how the Berlin airlift in 1948, when the city was being divided
    198 words
  • Article, Illustration
    Lock icon Hongkongers march to mark June 4 crackdown
    395 28 Agencies CLOSE TO 250,000 Hongkong people took to the streets yesterday shouting an-ti-Beijing slogans on the first anniversary of the military crackdown of pro-democracy demonstrators in the Chinese capital, police said. The parade, lined with crowds of supporting onlookers, marked the biggest antiBeijing
    Agencies  -  395 words
  • Article
    Lock icon Soviet trade status tied only to emigration: Bush
    490 28 Agencies PRESIDENT Bush said the US-Soviet trade agreement and most-favoured-nation status for the Soviet Union was linked solely to Soviet passage of a free emigration law. He refused to link the trade measures to Soviet approval of independence for the Baltic states.
    Agencies  -  490 words
  • Article
    Lock icon Beijing to open first futures exchange
    204 28 AFP CHINA has approved the opening of its first futures market in August in a bid to stabilise farm prices, the En-glish-language China Daily reported. After a delay of two years, the government gave the go-ahead for a market to trade wheat futures in
    AFP  -  204 words
  • Article
    Lock icon G-15 calls for more funds to help poor nations repay debts
    275 28 Agencies THE GROUP of 15 developing nations ended a summit yesterday with a call for more money to be made available to poor nations to help them repay debts, and a plea that those with arrears should not be
    Agencies  -  275 words
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      154 28 CHARTPOINT Every Saturday in Business Times Dauphin Sitzrultur The strength of your company is in the backbone of your employees. Display your corporate philosophy The Dauphin Basislme product range from West Germany constates a programme i of office chairs expressing I corporate design at every wort A station But what
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      Page 28 Advertisements Column 2
      125 28 CHARTPOINT Every Saturday in Business Times More stories, Pg 10 A Perfect Choice After a long day... negotiating ij 'VjjPM business deals, shopping or sight-seeing, nothing > j beats coming back to a room to rest those WW l J* |j boggled minds, tired legs or breaking backs. jflUj^te' '.'-T
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      16 28 Hongkong wakes up to a painful anniversary, Pg 12 At least four projects approved, Pg 8
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  • Shipping Times
    • Article
      Mitsui acquires one per cent stake in Neptune Orient Line
      444 1  -  By Schutz Lee JAPANESE trading giant Mitsui Co has bought a one per cent stake in Singapore national carrier Neptune Orient Line (NOL), and said it does not rule out the possibility of increasing its stake to an eventual S
      444 words
    • Article, Illustration
      Two more vessels join Scandutch's Far East-Mediterranean service
      350 1  -  By Dexter Lee SHIPPING consortium Scandutch's programme to upgrade its Far EastMediterranean service is nearing completion, with the phasing in of another two vessels. The CGM Paris joined the service on May 15, while the Nedlloyd Tokyo joined on June 2. Both
      350 words
    • Article
      M'sian timber exporters to air grievances to minister
      355 1  -  By Othman Abu Bakar MALAYSIAN timber exporters plan to air their grievances to the country's Transport Minister, Datuk Seri Dr Ling Liong Sik, if the Klang Port Authority (KPA) insists on the current charges for timber exports. They claimed that the MslB
      355 words
    • Article
      Soviets may dry-dock at Philseco
      156 1 THE AQUINO government is under pressure to allow Soviet vessels to dry-dock at a government-owned shipyard near the US naval base in Subic bay. "We need cash," Senator Leticia Ramos-Shahani said recently, citing the need to pay the Philippines' US$3O billion foreign debt. Ms Shahani,
      156 words
    • Article
      Dragonair may use bigger planes
      172 1 BIGGER AIRCRAFT may soon be introduced by Hong-kong-based Dragonair as the airline caters to its expanding Chinese mainland and regional networks. It has recorded an increase in its load factor from less than 60 per cent to over 70 per cent over the last four
      172 words
    • Article
      Lock icon Bangkok Airways opens Paris office
      99 1 AFP BANGKOK Airways, Thailand's biggest private airline handling domestic and regional flights, has opened a European office in Paris. At the inauguration ceremony in Paris last week, the company's president, Prasert Prasart Tong-Osoth. said the office would serve as a reservation clearing house and public
      AFP  -  99 words
    • Article
      Brown & Root to sell US$80m of marine assets
      451 1  - Brown Root to sell US$80m of marine assets By A J Leow US-BASED Brown Root International's recent agreement to sell for US$BO million its entire marine and offshore construction fleet will have minimal impact on its local manpower operations, said a senior company official. Mr Steve Spease, Brown Root's area
      451 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Mitsui Engineering posts US$16.5m profit
        96 2 JAPAN'S MITSUI ENGINEERING and Shipbuilding Co has posted a net profit of 2.6 billion yen (US$l6.5 million) in the year to March after suffering a loss of 407 million yen (U5529.7 million) the previous year. Sales rose 11.8 per cent to T97.7 billion yen, the
        96 words
      • Article
        Kawasaki Heavy profit up
        82 2 JAPANESE SHIPBUILDER and defence contractor Kawasaki Heavy Industries Ltd said on Thursday that its net profit leapt 54.9 per cent to 12.4 billion yen (US$7B million) in the year to March. The company, which also makes aircraft and submarines as well as being Japan's biggest exporter
        82 words
      • Article
        Approval for new US Air service
        58 2 USAIR HAS RECEIVED APPROVAL from the US Department of Transportation to operate a non-stop service between Philadelphia and Paris, beginning April 1, 1991. The airline said it has subsequently requested the US State Department to designate it as a US carrier and will also
        58 words
      • Article
        Taiwanese trawler seized
        116 2 A TAIWAN-OWNED FISHING TRAWLER, the Hsin Ho Chun Number 201, has been seized in Cape Town, a spokesman for the Port Captain's office said on Thursday. According to papers pinned on the ship by Cape Town's deputy sheriff, the Supreme Court has authorised the detention of the
        116 words
      • Article
        Austria wants wreck raised
        99 2 Al£ AUSTRIAN COURT has ordered the wreck of a freighter at the centre of a mysterious scandal to be lifted from the Indian Ocean where it sank 13 years ago. The court investigating the Lucona affair, an alleged US$5O million insurance fraud, ordered the search in
        99 words
      • Article
        US waterway reopened
        39 2 TrfE US GULF INTRACOASTAL Waterway was reopened to shipping after a toxic gas release from a ship at the Dow Chemical Co petrochemical complex in Free port, Texas, forced its closure, a Coast Guard spokesman said.
        39 words
    • Article, Illustration
      Lock icon A further $2.5b investment
      532 2 A look at the investments made by Singapore Telecom to provide the Republic with an efficient and reliable telecommunications system Keylines OVER the past five years, Singapore Telecom has invested over Ssl.s billion in its telecommunications infrastructure. It will invest another $2.5 billion over the next
      Keylines  -  532 words
    • Article
      Lock icon Flagging-out programme worries Soviet crews
      873 2  -  The Sovcomflot deal with a consortium of international banks to finance the modernisation of the Soviet fleet depends on the success of a flagging-out programme which began in March this year with 40 ships being transferred to the Cyprus register. But unrest among the crews
      Lloyd's List  -  873 words
    • Article
      COCKETT BUNKER MARKET REPORT
      916 2 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
      916 words
    • Article
      THE SHIPPING GUIDE
      12169 10 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
      12,169 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        446 17 fcMl to id M Daparfcn *y ftarih Arm* Dtpariw* Kapfd W1un its Raph Brooke 10E P1B atongside 0406/0600 19*b R32 atongstoe 04.06/0430 Tanping Emas 8 P3W atongstoe 03.06/2100 Afttn 02A03 K33 atongside 03.06/1930 Champ Trader 9 P4A 0406/1900 05.06/1100 Fyp Maru 56 (P) 44W K29 alongside 0306/1800
        446 words
      • Article
        CONTAINER SCHEDULE
        1538 17 RECEIVING OF EXPORT FCL CONTAINERS AND Vw No 11m TrantaMr Schedules From To DOflRnK Gate Op Gdn Sip Anson *****N 0506.90 0700 04/0730 04/2100 04/0759 04/2129 Portnet Doc Rm 2 2 R3 00 F05 Arid Ml 9010 0706.90 0700 04/1000 05/0000 04/1029 05/0029 Portntt NA 2 2 F6
        1,538 words
      • Article
        IN MALAYSIAN PORTS
        332 17 Pert Kumg South Port Champion Venture L berth 2; Bangkok Navee berth 2; Capstan Mxhaks berth 3: Kin Ltne No 1 berth 4: New Man Hmg berth 7 Transbulk berth 7. Swee Ann Satu berth 7 A. KCT: Sea Leopard berth 8; Hikawa berth 9. North Nrt
        332 words
    • Article
      DAILY FREIGHTS
      983 17 EASIER rates were reported on Thursday on the key US Gulf/Japan route, lending weight to market predictions that shipowners' earnings are heading for a summer decline, brokers said. The Baltic Freight Index (BFI) fell four points to 1,299, its first fall below 1,300 since October 1988. Two US
      983 words
    • Article, Illustration
      Lock icon Moscow pulls out of talks with Tokyo on newbuilding order
      345 18 Lloyd's List THE SOVIET UNION has pulled out of negotiations for up to SO new bulk carriers with Japanese shipyards because of a dramatic surge in newbuilding prices. Government and industry sources in Tokyo have been anxious to play down
      Lloyd's List  -  345 words
    • Article
      Lock icon Romanian shipping strike ends
      150 18 AP A NINE-DAY STRIKE by more than 10,000 shipping and harbour workers which paralysed traffic on the Danube River ended last Thursday. The strike left Romanian and foreign ships stranded. The Romanian state-run news agency Rompres said that the shipping union and the ministries of Labour,
      AP  -  150 words
    • Article
      Lock icon Lock near New Orleans may be shut
      158 18 Reuter THE US CORPS of Engineers may shut for a year or more a vital lock near New Orleans because opposition to the way It wants to build a new lock is so intense. The lock is in the Inner Harbour Navigation Channel
      Reuter  -  158 words
    • Article
      Lock icon Lufthansa unit in joint venture with E German carrier
      157 18 Reuter CONDOR FLUGDIENST GmbH, a subsidiary of West Germany's state-controlled airline Deutsche Lufthansa AG, is forming a joint-venture company with East Germany's Interflug airline to offer tourist charter flights. Condor announced in Frankfurt last Thursday that the joint-venture airline, Intercondor, was
      Reuter  -  157 words
    • Article
      Lock icon British Aerospace takes over Liverpool Airport
      367 18 Reuter BRITISH AEROSPACE pic (BAe) has bought a controlling 76 per cent stake in Liverpool Airport pic for £12 million and plans to expand it into a major international airport. Initial BAe studies suggested that the airport could handle 40 million passengers a year
      Reuter  -  367 words
    • Article
      Lock icon Vanuatu gets US$1m income from Asian fishing vessels
      328 18 AFP REMITTANCES from crewmen aboard Taiwanese and South Korean vessels have become a major source of foreign exchange for Vanuatu, according to the country's National Statistics Office. A government report published in the Vanuatu Weekly last Thursday projected that the remittances would
      AFP  -  328 words
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      127 1 SHIP LASHING MATERIALS SPECIALIST KBBSB SIPPIT CI (PTE) LTI T«t: 265»953 (S »n—) Tbr HXCCO RS34M« Fax 2—4477 SSWEE HEAIG METAL GO PTE LTD 13, TUAS AYE 14. SINGAPORE 2263. TELEX: RS ***** SHMCPL TEL: 861 5855 (5 lines) TELEFAX: 861 2946 SOLE AGENT FOR /V SINGAPORE, MALAYSIA I j
      127 words
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      224 2 SINGAPORE BUSINESS WE LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Exclusive mm%%*f^ m^^m^Sm m m Subscribe or renew your subscription now. The mmtA Km first 120 subscribers will a 37.5 cl bottle M of Chivas Regal worth $50/- (For Singapore nflfi A lJ SINGAPORE BUSINESS gives
      224 words
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      2306 3 I2LKk7 JAROINf SHIPPING AGENCIES LwaWawfl mVI %ml»# Cantonment Road #12 05 Southpoint. Smppore 0208 ■■■V T *****11 TELEX NO RS ***** mmj mm kwinif terminal/cfs th *****18 220 ■M LP DQQQ9 r l bookings w *****34 23s LVB >VVf3fy pesaka jaroine shippinc agencies son fAWM BmWdfl PORT KELANG TEL 3684
      2,306 words
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      Page 3 Advertisements Column 2
      1171 3 INDEX Pa«e Coi Page Col I A j Mac-Nels 14 1/2 l Macoline 14 1/2 5 M«JjuSdnßhd '6 1/2 Accord Shpg 8 3-5 Maersk Line 3 4/5 AJbatros Sea-Air 14 5 Mainfmght IS 4 Alfred C Toepfer 15 5 *,MISC 14 1-3 Ahrrnkiel Liner 16 5 M sia Shpg C
      1,171 words
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      Page 3 Advertisements Column 3
      2356 3 Www Vaaaai Voy I ETA I ETD 'Port "Panang r DESTINATIONS Singapore Katang TIM M# M«MK M 9US3 'MOT by KL^ELa^aBBSaXZLaBE^ ye o«oc hrs m F.rco 4 awawjßwflßßwawjjßwawjl al CFS 88) 1800 HRS M Tauro OAK LOB MCXJ MEM ATI MIA CHS BAA PHt NYC MOM TCJfI- MAJESTIC M 9002
      2,356 words
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      1232 4 I ROTTERDAM/ I VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE STAR LORRAINE 01/588 6/6 1/7 V 7 3/7 I HAMBURG EXPRESS 98/585 7/6 2/7 26/6 29/6 25/6 1/7 ALASKA MARU 11/509 8/6 27/8 29/6 1/7 2/7 4/7 KOWLOON BAY *****8 1478 9/7 V 7 577
      1,232 words
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      593 4 SIN POM SUV PPT ISLA FLOREANA 5/6 12/6 22/6 29/6 Also accepting cargo to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF YAP ISLA FLOREANA 5/6 12/7 13/7 15/7 Alto accepting Cargo to Callao (Peru) via Valpa AoMFTtB- SI7AIGAPORE: *****56 «yMii«». H(XJKINt»: *****08 VS- JAVA; 03-*****25 JQHKB: 07-X3J612 PENANG:
      593 words
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      1545 4 El ammmMMm mm* I REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SIN CLM ALG BCL PEL HAM ME NOT ANT LHA ,S (VIA (VIA (VIA 3 ALG) HAM) ROT) NORASIA PEARL 9013-3 01/06 05/06 23/06 25/06 27/06 29** 38/06 OL/07 02/07 83/67 NORASIA PRINCESS 9014-3 09/06 BJ
      1,545 words
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      1768 5 Maritime Holdings Ltd Containers M Jtw ACUPTS SAILS Voy No PKlang S port S too H burg B Haven* la* 1 LORRAINE mm T BHUM 04/06 OMK SLAV OSAV BAH HAMBURG EXP «7X6 T/B-5474 o/« 02,«7 2MB ***** 7SAW BL4J7 BINTANG BELAII VIOE Bint. Miri. KB Daily BS Jun 04
      1,768 words
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      2022 5 rO: EUROPE TO: FAR EAST SP LN ROM NAM BHVN FIX 54*0*1 MH KAO KOB BU ANJIN OAKLAND OBM 3/6 71/6 22/6 23/B 2*6 26/6 RANJIN TONGHAE 67X 4/6 7/4 6V6 11/ l 14/4 HOYANCSUCaWOOW W W W W HANJIN ROTTERDAM OTJBf 11* 14/6 1576 IM 2176 ANJIN HAMBURG 001W
      2,022 words
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      704 6 DJASAGETRI A Joint Europe Service Of: f T. fMAJuWTA UOYO P T. BCSOII LLOYD PT. SAMUKRA INDONESIA P.T. TRIKORA LLOYD CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY SPORE R OAM/ H BURG BREMEN ANTWERP ADAM LA •ONTANC/21WB 27-30,6 1 4 4/S 7/6 10/6 SRIWIJAYAjV29WB IS-13/7 471 12/S MM 20/6 KOTAI/V2OWB
      704 words
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      658 6 tfh HANJIN SHIPPING FULL CONTAINER SERVICE i S port I LtHavro R'Ham H buff. B'haven Fitowe FEEDER VSL I SIN I LINE HAUL LAX OAK J/6 21/6 2276 23/6 2V6 2*6 HANJIN TOR* HAL 0731 4/6 H SUSAN 10U 2M 1/7 1676 4/7 *7 6/7 1/7 S/7 HANJIN ROTTERDAM OOSt
      658 words
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      1555 6 Lf j I_Tr 1 1 I -J^T________. PKL SGP MXC KSC KLC PUS MKT OSK TYO BAL LMV AN* KM FIX MC SOP EVER GUARD 4/1 5* IS* U/» IS* IM TM 22* 25* 23/7 1* 2/1 3/t 4/t M 7** EVER GIANT 11* 12* 70* 11* 22* 2S* 27*
      1,555 words
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      1382 7 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: 123O*****00E) BOOKINGS: UK/EUROPE SERVICE *****19 -j— kW AUST INDIA PAX SERVICE *****18 USA SERVICE *****16 g m m T m mm FAR EAST SERVICE *****48 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 NEPLINE SDN BHD MALAYSIA EXPORT: *****53/*****04 X.L.-*****33,
      1,382 words
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      439 7 \V\ KEELUN6 Tel: *****55 V 10/6). V\\KAoHSlufi6 Ptv FOR BOOKINGS 6) f I W'rf™ K(// Specargo's Own \(5 }l Operated V\ Warehouse at >A) FTZ x^^^^l^NWOß^^ Warehouse Tel: *****50 BSCHENKER Service in 5 Continents (WEEKLY LCL/FCL CONSOL SERVICES TO/FROM GOTHENBURG SWEDEN) SCHENKER IV JUNE 8 JUNE 10 JULY 2 SCHENKER
      439 words
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      Page 7 Advertisements Column 3
      1216 7 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 XL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUNO I LOADING FOR WESTBOUND I VESSELS VOTA6E SPOKE |HAW(U HKQWt VOTAg SPORE PKLANC MtUHC rHAVEJt THJUHY AOTT ATTWEIrP
      1,216 words
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      1172 8 N. AMERICA-ATLANTIC COAST JgiyUjjlß VOY ~N DO •PK/PNG [SGP ILB CHLS NFK NYC HFX 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 19/7 21/7 25/7 OOCL FAITH 20 18/6 19/6 21/6 14/7 24/7 26/7 21/7 1/8 OOCL FRIENDSHIP 20
      1,172 words
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      Page 8 Advertisements Column 2
      914 8 I 1 f 1 I 1 n vl I I BOOKING CONTACT I L-AIHtKINt I I ""L. |«.N C KOK 1 J TWICt/WKLY I 1 I 1 BOOKING. CONTACT i 1 w i 1 |iOYCE/J»Dr J TYfICE/WKLY mm f 1 r 1 I MflMMl I™ 1 W V 1 [sag
      914 words
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      Page 8 Advertisements Column 3
      640 8 f t GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD ■aY .JL -4 B. Tetok Avar Street SINGAPORE 0104 1 TEL: ***** M (10 LINES) Fai S343SM (CR No. IOmS&WeW) STRAITS/PERSIAN GULF SERVICE S pore P Keiang Pananf GOLDEN HARVEST Cotcvnbo KarachiDubai 11/12 June GOLDEN WONDER Colombo' Karachi Dub* 24/26 June
      640 words
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      1641 9 S s Lwmwmm PACIFIC INTERNATIONAL LINES (PTE) ltd ZmmmMmlmMMlmn LW Um\\\W PIL Building, 140 Cecil Street #03-00, Singapore 0106 ST SS T. "5 srs s s jy DELTA MAS 1508 10/S 12/6 17/t s°"J"*" f£ EDEN 0017 13/8 IST* 20/6 A^MN<fA KOTA MELATI 10SB 17/6 19/6 22/6 Ell MIH IE
      1,641 words
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      Page 9 Advertisements Column 2
      1565 9 r BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY SPORE PKLANG S HAMPTON HAMBURG B HAVEN ROAM L'HAVRE Star Lorraine 01/566 6/6 Via Ala 1/7 5/7 3/7 Hamburg Express* 96/565 7/6
      1,565 words
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      725 12 f JM DSR Ll Fi^fm I INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE PMU FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRE RDM ANT HBG RST O GROTEWOHL 4/90 t/f 30* 30* 2/7 S/7 TAIWAN SEN WFOI9 12* 5/7 S/7 7/7 9/7 10/7 H CEGIELSKI IW 22,6 lt/7 lt/7
      725 words
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      Page 12 Advertisements Column 2
      1421 12 ukc cxwrvprnowAi. smivick I fuel V KLG PNC PC Lot*Mf for I VESSEL 20* Rotterdam, Airwtrp CHINA WVLL COtfTAWn «KMYICK ftuel PKL PNC SPORE BKK HKC SNA Q4N LTC iHANC CHENC 21/S 23/5 27/S JM FANG FANG KOU 12) 31b 2*5 4* Vi WM 28* kcctpting FCL Cargo for alt
      1,421 words
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      Page 12 Advertisements Column 3
      302 12 1 i tJOIIiOtUALMA LftVE SPORE PKL PNC HKC INC OSN MALAYSIA GLORY VOM... 7 Jun S Jim I Jim 16 Jun 11 Jun HAI YINC VOM 12 Jim 13 Jim 14 Jim 73 Jun 7* Jim OCEAN CROWN VOO2 16 lun 1/ lun 77 Jan 71 Jul RACNA VOM 74
      302 words
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      582 12 POSEIDON CONTAINER V ?CA\ TRANSPORT GMBH HAMBURG V SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA TRANSSIBERIA SERVICES I AFGHANISTAN! Hairatan, Torgundi Kabul ETD SINGAPORE: 10/6, 17/6, 3/7, 18/7 I IRAN I: I EASTERN CENTRAL EUROPE"! Djulfa Astara Belgrade Bucharest Budapest Helsinki Prague Sofia Vienna Warsaw USSR border ports BULGARIA CZECH HUNGARY FINLAND POLAND
      582 words
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      572 12 ASEAN PORTS Ngow Hock Afrency Co Ltd |»Om 99f 1 IWI6AM« IAWMK piya mum* mn urn in pt tw im MAMA BHUMj 12N INd 6* Set g I MEKHANIK KURAKO m wed 6* Sat 9* iSIRI BHUM* ISON Fn I* Men U* JIRA BHUM* 5 fri Q/6 Wed 13* PIYA
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      1047 13 i^™___^^^^^^^^^n EXPRESS FEEDER SERVICE (Fully Containerised) VESSEL SIN CTG A VSL 6/6 11/6 A VSL 17/6 22/6 A VSL 21/6 27/6 (Conventional Service) ETA SPORE LOADING FOR BANGLAR MAYA 12/6 S. KOREA, JAPAN ETA SPORE LOADING FOR MV ALKINDI 6/6 UrroiMjasr Baghdad, Basrah Kirkuk/Mosul MV ALRAZI 5/6 S. Korea/Japan EAST
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      182 13 (S) pte ltd TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) t> ETHIOPIAN SHIPPING UNES r J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ,ESS£L I VOY I ETA I LOADING FOR SPORE KBVOT 21WB 2106 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH ANOINET 20WB 19/07
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      653 13 MASKAPAI pelayaran TOPULAU LAUT a FULLY CONTAINERISED REGIONAL FEEDER SERVICE a TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE. INDONESIA. MALAYSIA 6 THAILAND a ALSO ACCEPTING LCL CARGO TO JKT. PKG, PNG AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN
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      1013 13 BAY OF BENGAL SERVICES MADRAS CALCUTTA VESSELS VOT SHI IM SIM LEUVE 912S 10/6 14/6 25/6 LEUVE 9126 25/6 29/6 U/7 LEUVE 9127 11/7 15/7 21/7 LEUVE 9126 21/7 01/6 12/6 VESSELS/VOY SIN CCU SIN JORGEN VESTA 031*90 07/6 14/6 21/6 JORGE N VESTA 04N90 21/6 21/6 OS/7 JORGEN VESTA
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      1373 14 I SINGAPORE 1 export m-. *****22 import jjij *****12 TEL (04 *****6 |I K K TEL (088) *****0 TAWAU TEL (089) 7/8679 MUammM9MMm P KELANG TEL: (03) *****77 HkUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 W BAHRU TEL: (07) *****2 llsißU TEL (084) *****2 LABUAN TEL (087) *****9 L—»Vy
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      395 14 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF. CHRISTCHURCH. DUNEDIN. LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCK LVT MAHSURI 0574 5 Jun 19 Jun Via NPL 21 Jun
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      723 14 /gT\ THONG SOON LINES PTE. LTD. NL< 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 mm Ep Irn jp nam m I era [kit KIM SOON Ll 23/90E 9 JUN
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      312 14 Singapore Loading for A VSL MO JUNE Bandar Actus Ptattonl Urn If Mtxtcsi HKG LB ENSCNADA I CAROCNAS S CRUZ HANZARJILLO ■rruvTS BJ w *P tn up an OMACAVU IM U. 7 HP UP UP OP Also accepting to other feteiKan destinations of BJtiicali, Nuevo Laredo, fetonterrey Mazatlan. Tawpico, Guadalajara.
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      767 15 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCL SOC CARGOES TO/FROM CALLAO MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang' P. Kelang Singapore ROSEEVERETT In PI/ 6 Jun 7/9 Jun JOHNEVERETT 15/17 Jun' 18,19 Jun BJURRAYEVERETT 20/22 Jun EVERETT ORIENT
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      659 15 SERVICE accepting FCL LCI cargoes to USA fist ■jfj Coast, CAfribbMn.lLitt Canada. HAITI Guatemala »nd HoreAira* VSL [SPORE BSAINLIBEB [LAX Bj {SAY [NYC [MfxH ZIM OSAKA 7/4 ZIM NEW YORK S/7 14/7 17/7 U9/7 2U7 ZIM ROPER 14/1 ZIM HAIFA 14/7 ZJ/7 26/7 88/7 38/7 ZIM EILAT 22/6 ZIM AMERICA
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      746 15 MSING KWANG HANG a>sMeata a taaioof out a no** (en) ltd WEEKLY LCL/FCL SERVICE VESSEL I SPORE 1 JAKARTA I SURABAYA 1 JENLINK 9/6 JENWEL 1 7/6 I 1 9/6 1 VESSEL 1 S PORE I BANGKOK I A VESSEL 6/6 9/6 A VESSEL I 9/6 I 12/6 1 DESTINATIONS
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      543 15 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA SURABAYA PELOPOR 944 2/6 S/6 PRASETIA 99A 6/6 9/6 PELOPOR 94S 9/6 12/6 PRASETIA 101 A 13/6 16/6 TANTO UTAMA DRY DOCKING TANTO UTAMA 81 13/6 16/6 TANTO UTAMA 83 20/6 23/6 TANTO UTAMA 85
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      364 15 iiiii SIM fkm EAST 10/6 KEELUNG KAOHSIUNG 10/6 BANGKOK U/6 MANILA/CEBU 9/6 JAKARTA/BELAWAN/SURABAYA 8/6 PORT KELANG/PENANG 6/6 BUSAN 12/6 TOKYO/YOKO/KOBE/NGO/OSA 11/6 MONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou,' Xiairven/Xingang/Shangnai sin vmm/m 10/6 LDN/FLX/LVP/SOU 10/6 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary'Roumania/Poland'Bulgara Czech SIN ISA/UMm 7/6 LOS ANGELES/NEW YORK all
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      662 16 VSL I DESTINATION I ETA SIN MAHA BHUM 12N BANGKOK (A) MEKHANIK KURAKO 12N BANGKOK 6/6 SIRI BHUM 4SON BANGKOK 8/6 PIYA BHUM 22SN BANGKOK I<V« SO ORIENT 23R CEBU. MANILA 1/6 AKA BHUM MS CEBU. MANILA IS 6 0 SINCERITY 24A KARACHI. BOMBAY 08/6 VEGA UA KARACHI. BOMBAY 17/6
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      292 16 fefj ADKRIS BUSINESS iTm CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA ft BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME. M.V.'DAGOHOY' 07/90 23rd JUNE BISLIG/MNL TBN 7th JUNE MANILA M.V.'DAGOHOY' 00/90 15TH JULY MANILA/BISLIG/ILIGAN GENERAL ACT CALSOURCE SHIPPING 6 TRADING PTE LTD. 63 ROBINSON RD.
      292 words
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      684 16 J o>/} XL: allied-link SINGAPORE: /7T^\' J&ir 04-*****2 03-*****95 778 6822(22 unesi BEffi M-rio* Otxj mmmwrn Cmmm AMoe TNfIPMi Yaa 4s 0 1N IfPllllli Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) I vesse. Mat PTL dsn RAW I ALS ENDEAVOUR VOY 14W 06V06 ISNJS ***** I SILVER
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  • Page 17 Miscellaneous
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      246 17 TIDES AND WEATHER TODAY'S TIDES (height in metres) MMoalMlt«» c ii in in l? la 1 7 2.0 2.1 2.0 1J 15 12 1.1 10 U Ll Ll U 2.4 25 2.4 U llllillllllilllllllllllll 9N 14 U 10 11 12 L 4 U 20 22 2.3 23 21 II 15
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      292 18 Pag* 18 PAKISTAN NATIONAL SBf SHIPPING CORP., KARACHI. INDONESIA ft 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 ft JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 2-5/5 6-8/5 9-10/5 INDONESIA
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      348 18 SUITABLE FOR W FERRY W TEL: 222 ll&^^^J^W^^Jr mm TECHIMPORT ENGINEERS (S) PTE LTD Igjfjffi 336 Smith Street, #06-303 New Bridge Centre, Singapore 01 05 ▲HYUNDAI MERCHAKT MARINE CO. LTDEASTBOUND TO USA WESTBOUND FROM USA TO PBW M HKC LBH OAK SEA FROM PSW LBH OAK SEA HKC SIN LALANDIA
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      383 18 SUpptag Turn*, Ummmrny Jim 4 IMC: JJWIrTimXMt I The Watermark column has been held over owing to pressure on space. UK/CONTINENT (TRIO) STM LORRAINE M ON >■■■ j t» Ajfcwnv »■>*■■ OH* 1 tJMtB, ■jMI LMnttßttttV Hr s» ytssz ztt**-.***.*,** w^^m MEDITERRANEAN (MED CLUB)* JEDDAH Pjllllß OCEANUS TOKYO jt* ■N
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      200 1 INSIDE Transforming Singapore Inc to Singapore International Pg 2 Managing successfully in the 90s The global corporation Glaxochem reaping what it has sown Interview with Singapore Technologies president Wong Kok Siew Pg lJ Why Hewlett Packard picks Singapore Pg 18 COORDINATOR Short) Katda. SI B-EDITORS Pek Tiona Gee (coordinator), Gouw
      200 words
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  • Global Strategies '90
    • Article, Illustration
      Growth is everyone's business
      1582 2  -  Shoeb Kagda THE PURPOSE of any economic activity is fundamentally simple: To generate income in a sustainable manner so as to enable the earner to carve out a living. Projected onto the international stage, the same purpose applies to nations which wish to carve for themselves
      1,582 words
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      The key to S'pore International
      1199 2  -  Jen Shek Voon takes a look at the costs and benefits of going global Jen Shek Voon The writer is director of Ernst A Young Consultants Pte Ltd EVERY great nation needs a vision as its launch pad to the next stage of development. In
      1,199 words
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      Global priorities for partnerships
      1484 5  -  Michael Moms argues that in the global contest for corporate priority including the importance of existing North American ana European markets, Asia still represents a company s most urgent opportunity. Michael Morris The writer is the managing director of The Pacific Rim Consulting Group AS WE
      1,484 words
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      Ensuring survival in the next century
      1627 7  -  'Going global' have become buzzwords with many top executives. But what does it involve? In this abridged version of the article, On Becoming a Global Corporation, John L Daniels and Caroline Frost argue the need to understand the importance of globalisation, and describe how
      1,627 words
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      Singapore firms finding niches overseas
      2685 8  -  Some companies are thinking of going global. Others have done so and nave not looked back since. Dr Robert Chia highlights some of these companies and show why an international outlook is the key for corporate survival Dr Robert Chia The writer is a senior
      2,685 words
    • Article, Illustration
      Glaxo and S'pore forge enduring partnership
      1305 11 Glaxo is increasing its stake in Singapore. Last year, it initiated two programmes to develop manpower training and research here, boosting its investments here to $400 million. And as this article shows, Glaxo is reaping bountifully what it has sown. LAST YEAR signalled the
      1,305 words
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      All the world's a market for STIC
      1323 13  -  Singapore Technologies Industrial Corp reveals its global visiop to Shoeb Kagda Shoeb Kagda FOR A COMPANY of its size and diversity, Singapore Technologies Industrial Corporation (STIC) is very sure of itself and where it fits in the scheme of things. Already considered a
      1,323 words
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      Towards a state-of-the-art city
      744 13 The integration of computer and communications (C&C) will help transform Singapore into a model information society in the 21st century. rifLC Corp elaborates on this new technology FOUNDED IN 1899, NEC initially manufactured telephone sets and switching equipment. Today, after 90 years of history, NEC is
      744 words
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      Growth principles and the coffeeshop factor
      1757 14  -  Computer manufacturer Compaq's approach to global development works both ways. With the principle of "localise to globalise", there is the equal and opposite principle of "globalise to localise", writes Lim Soon Hock Lim Soon Hock The writer is the regional managing director of Compaq
      1,757 words
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      Everywhere in every way
      849 16 For Deutsche Bank, internationalisation is a way of life DEVELOPMENTS in Eastern Europe and, in particular, East Germany are likely to have a profound effect on Deutsche Bank (DB), West Germany's largest and most powerful bank. However, the events are unlikely to alter its world outlook.
      849 words
    • Article
      Global success rooted in local partnership
      636 16 Technology, people and markets these have been the key to Thomson's worldwide resilience ELECTRICITY created Thomson, but electronics transformed it The company's roots in the 1890s were in electrical distribution and tramways. As electricity opened up new areas of engineering, Thomson entered new areas
      636 words
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      Hewlett-Packard's vital link
      1317 18  -  In 1967, Singapore started off as Hewlett-Packard's outpost with 62 employees. Today, it is supplying to HP's operations worldwide. Koh Boon Hwee reveals the secret behind HP Singapore's success Koh Boon Hwee The writer is the managing director of Hewlett-Packard (Singapore) IT WAS in the summer of
      1,317 words
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      A growing relationship
      1468 20  -  Robert D Orr, the US Ambassador to Singapore, on the two countries' economic ties Robert D Orr GLOBAL Strategies is an apt title for today's conference. It also characterises very well the relationship between Singapore and the US. Singapore has long been part of the US's global
      1,468 words
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      Britain and S'pore: new challenges, new prizes
      1795 21  -  The Singaporean and British companies in partnership have much to gain from developments in the Pacific Rim and in the new Europe, says Sir Michael Pike, the British High Commissioner in Singapore Sir Michael Pike BRITAIN has taken a global view of its
      1,795 words
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      Contributing to a new international order
      1549 23  -  With a vision of a global society open and livable, tolerant of different values Japan is now focusing on three important economic fronts, says Tatsuo Yamaguchi, the Japanese ambassador in Singapore Tatsuo Yamaguchi WE HAVE witnessed, over the last year, a historic change in
      1,549 words
    • Article, Illustration
      Tomorrow today
      590 24 SINGAPORE'S position as a global business centre is not just a theoretical concept its physical manifestation will be displayed at the Singapore 2000 Global Technopolis exhibition. Not only will the exhibition offer a glimpse into tomorrow's business environment, it will also peek into the living and recreational facilities
      590 words
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      172 2 v LET US HELP TURN YOUR IDEAS INTO ASSETS In a business, It takes Ideas to move you For years, Hong Leong and Singapore ahead. At Hong Leong and Singapore Finance have worked with thousands of Finance, we provide the expertise and put businesses of every size and Industry, no
      172 words
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      426 3 I WHAT YOU PLAY WITH TODAY COULD SHAPE THE BUILDINGS OF TOMORROW. ((Through advances in technology, Thailand, Malaysia and Indonesia Wg-K M I building materials are evoking constant So when you decide on property development, invest I ly As materials det>elop, buildings will ment purchase or rationalisation of corporate property
      426 words
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      177 4 Everything you need to know about property in Singapore and around the world is in your hands right now We provide "one stop" services for all your real estate I suitable office premises to housing your expatriate personnel, needs. New investment opportunities. Property sales. Office, WM To 611(1 out how
      177 words
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      103 5 Every now and then an idea comes along that simply works better. mf .Mmm mmM*rf£lk>m\ JBHHHHHHHHHHHHHHHHHHHHHHH SK BWBBBBBBBBBBBBBJ m\ .j£Bm\\mmmmmmmmmwmmmr BB BT hsW b^^^.^Bbl H fBI With a US$l,OOO investment, the COMPAQ personal computer returned U552,900,000,000 in just eight years, making Compaq the most successful company in history.Why? ptffffPfktt It
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      968 6 The Matsushita Group in Singapore. mm mm m\\ Amm Imm B^B^B^B^B^B^B^B^B^B^B^B^Hb^Hßh mt B^Bbßßv// Bnfl r 9t I Spy, BMMi ■m AwTF I iMmmmWl Kbß mmmmmm\&. BB JB7^B7t< ■aw i Through technology, creating a better future. The Matsushita Group in Singapore is part of Matsushita Electrics global headquarters, involved in a
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      111 7 Every now and then an idea comes along that simply works better. \\\\\\\\\\\m mm\\mm\\\\ JAM > X W AA W M |f- 1 ■^********** ■■■■■■■■BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBbV !sb^bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbi bmbW» W A BHBV P^^^l *%3f3 HMtap^^tf| With a US$l,OOO investment, the Compaq personal computer returned U552,900,000,000 in just eight years, making Compaq the
      111 words
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      810 8 GOOD IDEAS KEEP COMING UP How to be a walking corrpjter. > W^^Smmmas imm La7*Bß B)r\ mm H b\ Many mcxif available /Q-7(300 has SS A 32 KB RAM, JQ- has 64 KB RAM, V m 9 Lm Q- 7,ooMhaiJ2KßßAMtirui mu,n 9 A caparniiry. 1 PI Bjßaaafljß*! SibbbbwS Just carry
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      98 9 Every now and then an idea comes along that simply works better. KM ■mmmmmmMmmmmmmmmmm^mmmmmm^ m rv mmm mm mm fk\r With a US$l,OOO investment, the COMPAQ personal computer returned U552,900,000,000 in just eight years, making Compaq the most successful company in history.Why? jfflfflfWQ It simply works better. tfjl?(UliWWU COMPAQ PERSONAL
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      384 10 I Partners I In Packaging CMB Packaging: Global Partnerships to CMB Packaging Singapore Limited, it meant more than just the The formation of CMB Packaging has brought a new dimension adoption of a new identity. It marked the strengthening of existing to the world of packaging partnerships on a global
      384 words
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      94 11 Every now and then an idea comes along that simply works better. I mm mW~ mmm H* IB v 111 m! .JH With aUSSI,OOO uiw-.nm-iu.thc Compaq personal computet returned in )u-t tight vr.it-. m.ikiny Compaq the mo-t .onipain in hi-torv.Whv.' £%J/J)AAQ it simply works better. COMPAQ PERSONAL COMPUTERS AVAILABI E
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      212 12 mk f j*ii'i'fl V W* Kte Business Partnerships Create Market Leaders That's the strategy necessary to ensure the continuation of Asia-Pacific's dynamic growth as we move forward into the Nineties. And that's the hallmark of exhibitions organised by the Reed Exhibition Companies (REC). As the world's largest organiser of trade
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      240 13 ONE THIRD IS COVERED BY LAND, TWO THIRDS BY WATER, AND ALL OF IT BY CIGNA. The world's a big place. 27,459.880 Our global coverage can also help sauare miles to be exact. eliminate overlapping policies and gaps And if you're an international business in Protectionbuying insurance country by country,
      240 words
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      200 14 Products Manufactured: Precision moulded parts for? Video Cassettes Precision moulded parts for optical? pick-up components for compact discs Precision machine parts for video cassettes Moulds and dies Power supply^ B units Optical pick-up devices Floppy disc head Video r mm head VCR Cylinders Optical pick-up lens ST. mm m And
      200 words
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      423 15 Impressive technology at every level. With equally impressive savings, even at the high end. Starting with Wearnes Boldline M Series. An IBM compatible 7 J 7 286 PC that 386 SX, or to 1/ 1/ the built-in upgrade system on its motherboard, without tying aY at A mm MW AW
      423 words
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      242 16 SINGAPORE SCIENCE PARK mm I I The premier location in Singapore and the region for your Research Development facility. Be a part of the thriving high-tech community at the Singapore Science Park. Take the opportunity to visit the Park during the 'SCIENCE PARK OPEN DAY 9 a mmmmMm Mmmt*w event--2Ist1
      242 words
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      773 16 B □HEMPEL HEMPEL'S MARINE INDUSTRIAL COATINGS (S) PTE. LTD. II When, in 1915 at the age of 21, Jorgen Christian Hempel established his trading and manufacturing business in Copenhagen, Denmark, his company motto was "Quality Service" Most surely he could not then have envisaged the success that would ensue, or
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      319 17 Computers and Communications Mill Hkli NEC's innovative automobile navigation system is just one of the wonders that awaits you at the C&C City. It's the first time you've The automobile navigation the C&C City Concept. Others mM9mm taken this road, but with this system is not the stuff of include
      319 words
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      57 18 Invented. I Hi W m^mw Your parents had to be content with bifocals with ugly lines. Today however, there's an all-purpose lens that provides M you clear comfortable vision, without those unsightly lines AO's TruVision Omni progressive lenses. JJUfifISION So put them on today, and take off those lines. /TAjfAff
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      222 18 KPMG Peat Marwick ASEAN (H[I(G[H CONFERENCE '90 JULY 23 24 1990, SINGAPORE THE SHANGRI-LA HOTEL Why is ASEAN important to my global business strategy? What are the business opportunities in ASEAN? Where should I invest in ASEAN? What are the trends of technological developments? What is their impact on my
      222 words
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      156 20 HR Software Systems For The World's Best-Run Corporations The Executive Track System for Human Resources Planning J Applicant SEARCH Corporate Strategy Ogimution Current Inventory 1 7 i of the Future n( People and Procwuwi E maatiw TRACK II g I f f §BI —L f I I WW Bawntif* GROW
      156 words
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      156 20 JPlllaHHa^a^H £5 provides Global Telecommunications Wherever you are in the air at sea on the road or even in the jungle -you may communicate with your partners anywhere in the world via the Inmarsat system with EB NERA mobile terminal and ground earth stations. EB NERA is today the world's
      156 words
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      124 21 means experience. jmW Around the world, Deutsche Bank means H k experience to importers, exporters, and multi- X3aH a Active in over forty countries, Deutsche Bank m offers the right combination of global reach and mm local know-how the combination needed to a costs lower When comes to mW \\j
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      45 22 In Realising The Images And Vision Of Singapore 2000 SINGAPORE 2 o o o c GLOBAL TECHNOPOLIS Our heartiest congratulations to all government ministries, statutory boards, Singapore enterprises and foreign multi-national corporations. ONE NATION PICO ART international ONE SINGAPORE Project manager, designer and official contractor
      45 words
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      66 23 mm smith (i IS CORONK THE NAME SYNONYMOUS WITH INNOVATION IN DESIGN AND ENGINEERING A WORLD LEADER IN THE MANUFACTURE AND SALES OF PORTABLE ELECTRONIC TYPRWRITERS AND PERSONAL WORD PROCESSORS. WE CONGRATULATE THE EDB AND EXTEND OUR BEST WISHES FOR A SUCCESSFUL GLOBAL STRATEGIES CONFERENCE 1990 HVfnPvHßfl I I SMITH
      66 words
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      56 23 Jurong Shipyard ...the complete ship repairer. Enlargement of mm (fiF'i lacement of Propulsion Reduction Gears 1 pi Conversion and Offshore Construction PI a Jumboisation and jjJ Simultaneous Widening of Hull a fc£ JfCI JURONG SHIPYARD LIMITED 5 Pu/au Samulun, Jurong Town, Singapore 2262 Tel *****66 (30 hnes) Telex RS *****
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