The Business Times, 15 March 1991

Microfilm: NL17466
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Friday, March 15, 1991 75*
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  • NEWS SUMMARY
    • Article
      Moscow seeking better ties with Asean nations
      76 1 THE SOVIET UNION wants to improve relations with Asean nations whieh in turn seek better links with Moscow, its ally Vietnam and Burma, outgoing Malaysian Foreign Minister Abu Hassan Omar told a senior Asean officials' meeting in Kuala Lumpur yesterday. Diplomatic sources said
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    • Article
      More for education
      42 1 IN ADDITION to money allocated for the Edusave Endowment Fund, the government will increase its expenditure on education from 4 per cent of gross domestic product currently to 5 per cent of GDP in the coming years Page 2
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    • Article
      Cement shortage due
      25 1 AN INCREASE in cement prices is expected within the next few months because manufacturers are facing a shortage of clinker Page 2
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    • Article
      More LNG exports
      32 1 INDONESIA, Malaysia and Australia are expanding exports of liquefied natural gas to meet growing demand for cleaner fuel from power companies in Japan. South Korea and Taiwan Page 7
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    • Article
      More recovery signs
      42 1 THE US Federal Reserve has reported faint signals that the US recession may be bottoming out, while Fed chairman Alan Greenspan assured Congress that the central bank stands ready to do more if needed to promote a recovery PageS
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    • Article
      Tokyo may ease ban
      34 1 JAPAN will bow to external pressure and agree to relax its total ban on rice imports later this year, aecording to official policy guidelines quoted by a newspaper Page 8
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    • Article
      Germans in Hollywood
      36 1 The German Film Directors in Hollywood programme will present a selection of tragedies, comedies, thrillers, weepies and many of which are multiple Oscar-winners as part of the Film Festival's fringe programme Page 15
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    • Article
      FMC probe on dues
      34 1 THE US Federal Maritime Commission is to investigate the charging of dock labour dues at Japanese ports following claims that they may discriminate against US carriers. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      30 1 SHARE PRICES opened higher on Wall Street early yesterday, with the Dow Jones index of leading industrials gaining 8.66 points 2.963.86 in the first five minutes of trading.
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    • Article
      Footsie higher
      78 1 THE OVERNIGHT gains of the New York and Tokyo markets and hopes for a cut in British interest rates saw shares surge to a record high in London yesterday. At 1300 GMT. the Footsie index of 100 leading shares stood at 2,489.1, 40.1 points ahead of its Wednesday
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    • Article
      MUI earnings up 68pc
      30 1 MALAYAN United Industries has posted a 68 per cent jump in net earnings to MS34 million for the vear that ended Dec 31, 1990 Page 3
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    • Article
      Ceiling for listings
      24 1 MALAYSIA will only allow a maximum of 10 stockbroking firms to be listed on the Kuala Lumpur Stock Exchange Page 3
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    • Article
      DBS F profits fall
      30 1 DBS FINANCE profits were hit by higher costs and general provisions last year, resulting in a 19.1 per cent drop in af-ter-tax group profits. Page 6
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    • Article, Illustration
      STOCK INDICES
      34 1 Thursday Change BI MGA 739.54 +5 24 Kuala Lumpur 594.23 +1 24 Hongkong 3.627.91 -6.57 lokyo 26.542.33 +124 01 Sydney 1,436.7 +3.2 Wednesday hange Nov York 2.955.20 4 32.68 London 2.448.21 -6.6
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    • Article
      CURRENCIES
      20 1 i Exchange rates USS SSI.7475 1(H) Yen SS***** MS SS0.6.W5 Money market rates Overnight 4% -1/2 3-month 4-5/8 unch
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    • Article
      COMMODITIES
      39 1 London Gold \\1 fix US$365.70 USS0.50 Rubber S'pore Apr.... I46.00*/kg -1 Vl'sia Apr 229 (Hf/kg unch KL Tin Turnover 46 tonnes -5 Spot MS 14.93 /kg 0.05 Crude palm oil Turnover 421 lots -223 Mar VIS860 /tonne 3
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  • Article
    Fall in tour prices to Oriental destinations
    590 1  -  Possible drop in airfares in the near future By John Tan I OUR PRICES to most Orient destinations will fall between $30 and $130 from today, a move that could spell an imminent drop in airfares to some destinations. Sources told BT that
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  • Article
    Shell to pump US$ lb into Bukom
    370 1  -  Investment to be spread over five years By Lilian Ang ANGLO-DUTCH oil giant Shell is planning to invest some US$2OO million (SS3SO million) each year tor the next five years in more plant and equipment for its Singapore refinery. The investment, coming in
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  • Article
    Stanchart enquiry alerted Norwegian bank about LCs
    382 1  -  The Khamis Case By Amy Balan j STANDARD Chartered I Bank made a credit check with Christiania Bank in Singapore for outstanding loans to Marina Village developer Elyamani Khamis about a month ago only to find out that the Norwegian credit manager. Mrs
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  • Article
    Acma to acquire 63pc of Gold Coin, then placing out 33pc
    528 1  -  By William Chia IN A DEFT corporate move, Acma Ltd is planning to gain control of feedmill company Gold Coin Ltd by acquiring a 63 per cent stake from its substantial shareholders and then placing out 33 per cent.
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  • Article
    Turnaround for Philseco
    75 1 THINGS ARE finally looking up for financiallytroubled Philippine Shipbuilding Engineering Corporation (Philseco), the state-owned shipyard which the Aquino government is putting up for sale. After almost a decade of losses, Philseco made its first profit last year on unexpected- ly high shiprepair revenue, The company's senior vicepresident
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      217 1 I ASIAN'S H'l I I COMPUTER PRINTER I J RIBBON MANUFACTURER J Aircraft Schedule 25 Mow/ Market 23 Wotld News 8 Commodities 24 Regional Co News 4 Cryptic Crossword 25 Regional News 7 Editorial 10 Regional Stock M,i'l<ets 21 For market indices, editorial. Financial News 6 SIS 16.17 advertising and
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    • Advertisement
      Page 1 Advertisements Column 2
      174 1 YOU'RE sophisticated. Opinions you have distinctive tastes, The financial sector is What is it like and vou own a pasta being given a chance to do its living selling weapons like machine. You are bv bit for charity but is not Harpoon missiles. FlB definition a yuppie, and jumping at
      174 words
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      Page 1 Advertisements Column 3
      76 1 Wiladruple Zoom f Auto Two Color Analysis, Pg 11 DINING ON G 1 ■H TOP-OF-THE- Join us at the top. Enjoy the best Beijing I^s cuisines specially prepared by our master |n| chef. All yours to savour, amidst the grand HH IHWvS panorama of the city and southern islands, g|Q
      76 words
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      6 1 rcport Shipping I imes Pg 1
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Today's your day, consumers
        58 2 TODAY is World Consumer Rights Day. The International Organisation of Consumers Unions has picked the theme "The Right to Consumer Protection", inspired by a 1985 document adopted by the United Nations General Assembly in response to the growing international character of business practices and the need
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      • Article
        North's twin achievements
        74 2 NORTH SHIPYARD will launch today its newlynconstructed vessel, a self-propelling bunkering barge "Larcom", and mark the occasion with a donation to the Community Chest of Singapore. The shipping company had the support of its 100 staff in raising $25,000 which will go to the 42 charities under
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      • Article
        Fair Price delivers the goods
        116 2 THE NTUC Fair Price Co-operative expects to contribute more than S6 million to the Singapore Labour Foundation (SLF) this year to make good a year-old promise to fork out 20 per cent of its profits for a good cause. Gopinath Pillai. chairman of the board
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      • Article
        Good response to Career '91
        69 2 CAREER '91, the annual recruitment and educational show which ended last week, drew nearly 155,000 visitors. It was organised by ITP Services and the Singapore Professional Centre with the theme "Plan for the High-Tech Era" and supported by the Ministry of Education. The Singapore Armed
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      • Article
        How deep is your commitment?
        64 2 THE CLOSING DATE for the "Preserve Planet Earth Awards" has been extended to March 31. The award was launched jointly by the Hongkongßank, Business Times and The Sew Paper on Jan 30. It is the first award to recognise individuals and corporation that have made
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      • Article
        More free parking on Sunday
        57 2 FROM this Sunday, the Free Parking Scheme run by the Housing and Development Board will be extended to three carparks in Jalan Besar. The free parking hours are from 7am to 10:30pm on Sundays and public holidays. The three car parks are at Lorong 3,
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      • Article
        Faster rental flats
        80 2 PEOPLE who need rental accommodation urgently can take part in the daily selection of one- and two-room HDB rental flats from March 18. Currently, the HDB has a waiting list of rental applications based on registration numbers. A new applicant may have to wait up to three
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    • Article, Illustration
      Govt to raise spending on education to spc of GDP
      367 2  -  Yesterday In Parliament By Shoeb Kagda TO IMPROVE the quality of education in Singapore, the government will increase its expenditure on education from the current 4 per cent of Gross Domestic Product (GDP) to 5 per cent of GDP in
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    • PARLIAMENT BRIEFS
      • Article
        HDB to offer more flats in coming months
        83 2 THE Housing and Development Board is raising the number of flats on offer from the planned 10,600 to 18.000 in the next nine months to cut down disappointments and the queues at its sales office. Increasing the supply of flats is the
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      • Article
        Re-applying for flats
        50 2 FROM April 1, unsuccessful HDB flat applicants can re-apply based on their income at the time of first application. The new ruling does not apply to rejection cases and flats in isolated redevelopment projects in older estates, where the number of flats is limited and demand high.
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      • Article
        Upgrading costs up
        29 2 THE cost of HDB's billion-dollar upgrading project has been revised upward, with the price tag for each household now $38,000. This is an increase of $8,000.
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      • Article
        Subletting HDB shops
        33 2 IN A MOVE to give occupiers of HDB shops more flexibility in adjusting to changing business fortunes in their trades, the HDB will now allow them to sublet their shops.
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      • Article
        Handicapped children
        68 2 THE government will consider extending the Edusave scheme to handicapped children, said the Senior Minister of State for Education, Dr Tav Eng Soon. But he noted that handicapped children already enjoy twice the subsidy normal children get. Yearly, the government grants up to $4,000 per head to special
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      • Article
        Mother tongue as first language
        54 2 THE mother tongue can be made the first language and English the second language for certain pupils if there is a demand for it. Education Minister Dr Tony Tan said. But parents had better think "very carefully" about the long-term prospects for their children before
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      • Article
        Scheme for dropouts
        65 2 THE government will consider setting up an apprenticeship scheme for school dropouts. Education Minister Dr Tony Tay said. But whether the scheme will take oflf will depend on the cooperation of employers, who prefer to take on only those with some secondary school education. Meanwhile, the VITB
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      • Article
        Corrections and clarifications
        105 2 IN YESTERDAY'S article headlined "Two-tier worker levy under study", there were two instances when we had the word "year" instead of "tier". What Deputy Prime Minister and Minister for Trade and Industry Brigadier-General (Res) Lee Hsien Loong actually said is that for the first tier, the present
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    • Article
      Plan for oil, gas insurance facility in region
      398 2 SEVERAL oil and gas reinsurers in Asean are getting together to set up an oil and gas insurance facility to insure oil and gas risks in the region, the bimonthly Asia Insurance Review reported. The Review quoted sources as saying that an
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    • Article
      Sales of Visa travellers cheques in region up
      185 2 THE Asia-Pacific region has taken over as Visa's leading region for the sales of Visa's travellers cheques. In 1990, Visa sold about US$4.3 billion (557.3 million) worth of travellers cheques in this region. up 39 per cent from the year before. Worldwide
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    • Article
      Defence Asia '91 to showcase weapons used in Gulf War
      319 2  -  By Harish Mehta BATTLE-TESTED weapons fresh otT the Gulf desert go on show next week at the Defence Asia '91 exhibition, which is expected to inject S5 million into the local economy. The show features more than 70 defence companies,
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    • Article, Illustration
      Clinker shortage expected to push up cement prices
      345 2  -  By Chitra Rajaram CEMENT prices arc expected to increase within the next few months as cement manufacturers are currently facing a shortage of clinker, the basic raw material for cement, industry sources say. Cement manufacturers interviewed by BT say that clinker from
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      234 2 TT!TH> p, <To give the artistes and music lovers of the world an expectation that fulfills their highest expectations." ?~£m Ifcagg 1 i WBr—~— *—t~»~»~.-»i'~»~"»»»*««—- T I '^BvM«">i«Maai^a|^M ww n wh ii jH Ifl j v; iT'^"'" T/ij' qgg I Next to musical genius, one of the most treasured things
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      Page 2 Advertisements Column 2
      282 2 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP.» AND IN THE MATTER OF PETE'S CAR RENTAL PTE LTD (lacorpo rated In the Repablk of Slngpaore) At an Extraordinary General Meeting of the members of Pete's Car Rental Pte Ltd duly convened and held at 10 Anson Road, #2315 International
      282 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      MUI reports 68pc jump in earnings to M$ 34m
      468 3  -  By Lee Han Shih BOOSTED by the strong Malaysian economy, Malayan United Industries (MUI) has chalked up a 68 per cent jump in net earnings to Ms 34 million (5521.4 million) for the vear that ended Dec 31, 1990. An announcement
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    • Article
      Great Eastern Life enjoys another record year
      340 3  -  By Quak Hiang Whai GREAT Eastern Life Assurance, aided by several product innovations introduced in recent years, has continued to report record after-tax earnings. In a statement yesterday, GE Life, which is a member of the OCBC stable, reported a net group surplus
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    • Article
      Lock icon KLSE limits number of listed brokers
      246 3 Reuter MALAYSIA will only allow a maximum of 10 stockbroking firms to be listed on the fastgrowing Kuala Lumpur Stock Exchange. A stock exchange statement said the order by Finance Minister Daim Zainuddin, who left oftice yesterday, was sent in a circular to Malaysia's
      Reuter  -  246 words
    • Article, Illustration
      Northpoint to yield income from '93
      322 3 CENTREPOINT Properties Ltd (CPL)'s major project in Yishun will start bringing in rental income from 1993. A projection by property consultants Jones Lang Wootton in June last year estimated annual rental income of $7.96 million for Centrepoint from the complex to be called Northpoint.
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    • Article
      Why not manage new hotel ventures?
      695 3  -  THE HOCK LOCK SIEW COLUMN Bv S N Vasuki THE K.UOK GROUP'S Shangri-La hotel chain is expanding its activities in Asia at a frenetic pace. Last Friday, the group's locally listed company, the Shangri-La Hotel Singapore, announced its intention to pick up a minority
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    • Article
      Lock icon United Asian Bank using merger for indirect KLSE listing
      298 3 Bernama UNITED Asian Bank Bhd sees its planned merger with Bank of Commerce Bhd as paving the way for an indirect listing on the Kuala Lumpur Stock Exchange, its chairman. Tan Sri Radin Soenarno. said yesterday. "Assuming that the proposal comes
      Bernama  -  298 words
    • COMPANY BRIEFS
      • Article
        Shangri-La directors' holdings
        146 3 SHANGRI-LA Hotel Singapore yesterday reported that the following directors/substantial shareholders of the company have an interest in the following companies which in turn are shareholders of Gaviota Ltd: Mr Kuok Khoon Ean: 0.2 per cent indirect stake in Sligo Holdings Ltd and 3.83 per cent indirect stake
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      • Article
        Fund lifts Metalock stake
        38 3 JOHN Govett Management (Jersey) Ltd announced that the Singapore Sesdaq Fund Ltd has increased its stake in Metalock (Singapore) Ltd by 50,000 shares to 2.083 million or 8.68 per cent of Metalock's issued capital.
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      • Article
        Restructuring, then conversion
        101 3 MALAYSIAN Resources Corporation Berhad will carry out its proposed debt conversion scheme after its capital restructuring scheme has been completed. The capital restructuring scheme would involve the reduction of its existing issued and paid-up capital of MS 195.95 million (S$ 123.4 million) comprising 195.95 million MSI shares
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      • Article
        General Lumber arm's pact
        72 3 General Lumber (Holdings) Berhad's subsidiary, Cakara Alam (PNG) Pty Ltd. has entered into a logging and marketing agreement with Central Arawe Resources Pty Ltd in Papua New Guinea. General Lumber said the agreement, signed on March 1. 1991, gave Cakara Alam the right to extract, process
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      131 3 I've switc heel to ANA Hotel Singapore. J k ANA HOTEL SINGAPORE I s. I. I. V \HM\ l'> FOR THE WORLD'S MOST TREASURED WATCHES la collection VanGeef&Arpels Watch V CnnnT V fashionableandexquisitewatches. Or Wrv I The name Watch Centre excellent service in each of its four Drop by soon
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Lee Ming Tee group revises Allied T W offer
        64 4 THE Allied Group, which lifted its holding in Allied I W to about 60 per cent on Monday, has launched a rev ised unconditional offer for the company, the South China Morning Post said. A statement from the Allied Group, controlled
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      • Article
        BHP and Hamilton to merge
        56 4 BHP PETROLEUM and Hamilton Oil Corp ot the US announced on Wednesday a As7oo million (Ss93l million) merger The companies said in a joint statement that under the agreement, BHP Petroleum would begin a cash tender offer of US$4O (Ss7o) per share within live business
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      • Article
        Ramada signs US4 l34m loan
        55 4 RAMADA Inc, an indirectly owned subsidiary of newly privatised New World Hotels (Holdings) Ltd, signed a five-year syndicated loan for US$l34 million (*****.5 million), loan arranger Barclays Bank pic said in a statement. The loan carries an interest rate of 0.8 percentage point over the
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      • Article
        Arnotts paying for lay-offs
        53 4 BAKERY group Arnotts Ltd said its 17.7 per cent fall in half-year net profit reflected redundancy costs associated with a restructuring of its warehousing and manufacturing operations in New South Wales. Arnotts reported a net profit of A 520.68 million (5527.5 million) in the half year
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      • Article
        Cost controls pay off for Coles
        54 4 COLES Myer Ltd maintained profitability levels through tight cost controls, despite depressed sales growth caused by the Australian recession, chairman and chief executive Brian Quinn said. Coles, Australia's largest retail group, earlier reported a 0.79 per cent dip in net profit tor the half
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    • Article
      Li Ka-shing lands British Columbia govt in trouble
      442 4 HONGKONG tycoon Li Kashing's financial wizardry has landed the government of British Columbia in political hot water, the South C hina Morning Host reported. The government has come under fire following revelations that Mr Li had sold a minority interest in Vancouver's
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    • Article, Illustration
      Lock icon Ninja Turtles rescue HK toymaker
      369 4 Reuter ON THE big screen, Teenage Mutant Ninja Turtles rescue the innocent from evil. In real-life Hongkong, they rescued a flagging toymaker. Playmates International Holdings, from financial troubles. Locally-listed Playmates is the sole licensee for a line of Ninja Turtle toys, which took the company
      Reuter  -  369 words
    • Article
      Lock icon High loan rates hit Jardine Int'l Motors
      299 4 Reuter JARDINE International Motors Holdings Ltd attributed a 28.6 per cent decline in 1990 profits to high interest rates combined with the world economic slowdown but said it still planned to expand. "High interest rates in the L nited kingdom and Australia, combined
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    • Article
      Lock icon HK hotel group suffers 10pc fall in profits
      219 4 AFP THE HONGKONG and Shanghai Hotels group posted a 10 per cent drop in after-tax profit in 1990, to HKS333 million (5574.7 million). The locally-based group, which owns the Peninsula hotels in Hongkong, Beijing and New York, reported a group profit after
      AFP  -  219 words
    • Article
      Lock icon Government to sell part of Manila Electric later this year
      279 4 Reuter THE Philippine government, which is planning to sell several major state companies, will partially privatise the country's biggest electricity company later this year. The Manila Electric Co (Meralco) will sell 25.5 million shares starting in June to raise funds
      Reuter  -  279 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      31 4 Well Connected. From the moment you step aboard a United jet in Singapore, you're in America. 4 r max f» fiix MHM hassle-free way to get to wherever m v or
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Int'l Leisure Group's tour operations to close
      590 5 IHT THE International Leisure Group, placed into administration by the London High Court last Friday, continued what has become one of the quickest, most spectacular collapses in the travel industry when its administrator announced on Wednesday that the group's tour operations would be
      IHT  -  590 words
    • Article, Illustration
      Lock icon Continental vows independence
      563 5 Shareholders pave way for Pirelli to continue takeover talks Reuter TYRE MAKER Continental AG on Wednesday vowed to remain independent, even after shareholders scrapped a limit on voting rights and paved the way for Italy's Pirelli SpA to continue talks to take over the German company. After
      Reuter  -  563 words
    • Article, Illustration
      Lock icon Exxon to pay up to US4 lb for damage arising from oil spill
      292 5 Reuter EXXON Corp will pay up to US$l.l billion to settle government charges arising from the Exxon Valdez oil spill that fouled Alaska's Prince William Sound two years ago, officials said on Wednesday. The oil company agreed
      Reuter  -  292 words
    • Article
      Lock icon Hard task to rebuild Daily News, say analysts
      357 5 AP IT TOOK strikers only a few days to cripple the Daily News, but analysts say it will be months before Robert Maxwell can rebuild the tabloid's circulation and reclaim its advertising. The News' comeback probably means war among the city's three
      AP  -  357 words
    • COMPANY BRIEFS
      • Article
        Business bankruptcies in US up by 20pc
        61 5 BUSINESS bankruptcies in the US jumped 20 per cent last year, the biggest single-year increase since 1983, Dunand Bradstreet Corporation reported on Wednesday. The business information concern said the negative tendency had continued during the first eight weeks this year. During last year.
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      • Article
        Rank trading depressed
        61 5 The Rank Organisation pic said economic pressures continue to affect consumer confidence and corporate costs, and have been reflected in its trading performance in the first part of this year. In its annual general meeting statement, the hotels and leisure group said it was not possible to
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      • Article
        Du Pont in grain agreement
        53 5 DU PONT Co said it, Holden's Foundation Seed Co and Pfister Hybrid Corn Co will sign an agreement to develop high-oil corn and other grains. Du Pont said it has already developed a high-oil corn with Pfister and contracted certain Illinois, Indiana and Missouri farmers
        53 words
      • Article
        paramount's consumer line
        34 5 PARAMOUNT Pictures, the studio unit of Paramount Communications Inc. said it is launching a collection of consumer goods. Called Hollywood Paramount Products, the collection includes goods ranging from dinnerware to bedding.
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      • Article
        BASF to cut 600 jobs
        51 5 GERMAN chemical group BASF said it will cut 600 jobs this year through natural wastage and early retirements. A spokesman for BASF said all the cuts would be made in the parent company and most of the jobs eliminated would be administrative posts in Ludwigshafen,
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    • Article
      Lock icon Frowning on cross-shareholding rules
      172 5 Reuter JAPAN'S leading business lobby, the Federation of Economic Organisations (Keidanren), opposes stricter regulation of cross-sharehold-ings among companies, a spokeswoman for the group said. She said the Keidanrcn plans to submit a statement to the government's Fair Trade Commission (FTC) on Wednesday objecting to guidelines calling
      Reuter  -  172 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      229 5 MC223 DRESS FOR SUCCESS. Admit it. wouldn't vou like to be in Niek Faldos shoes.'' Well you can be. Since 1988. the winner of the Volvo Masters. Dunhill British Masters and 1989 and 1990 US Masters (to name just a few has been working with the Stylo design team. The
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Citibank opens office in Xiamen
        40 6 CITIBANK opened a representative office in Xiamen yesterday in response to increasing investments from Taiwan and Hongkong in the south-eastern Chinese province of Fujian. the US bank said. The office is Citibank's third in China.
        40 words
      • Article
        Standard Chartered upgrading
        47 6 THE STANDARD Chartered Bank will upgrade its overall bank's operations and specifically the trade financing division in Sabah to meet the challenges of the 90s and help Malaysian businessmen with their foreign trade needs, its newly appointed manager for Sabah operations, William Bruce, said.
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      • Article
        Japanese sign loan with IDB
        64 6 FOURTEEN Japanese banks and insurance firms signed a five-year loan for 10 billion yen (S$ 129.5 million) with the Inter-American Development Bank (IDB) on Wednesday, a spokesman for Bank of Tokyo Ltd said. The interest rate on the syndicated loan is the same as Japan's
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      • Article
        Swiss Bank profit down
        59 6 THE SWISS Bank Corporation (SBS) said on Wednesday that its net consolidated profit fell 12.5 per cent last year over the 1989 level to 820 million Swiss francs (SSI billion). But the bank said it would be maintaining its dividend unchanged at 14 francs because the
        59 words
      • Article
        French in deal with Iran
        52 6 AN OUTLINE agreement on credits worth US$5OO million (SSB7S million) for an Iranian petrochemical project has been signed by a European banking pool, the French Societe Generale group announced on Wednesday. Some $242 million have already been committed tor the contract between Technimont and Arak
        52 words
    • Article
      DBS Finance profits hit by higher costs, general provisions
      462 6  -  By Diana Oon DBS FINANCE, a whollyowned subsidiary ot publiclylisted DBS Bank, has recorded a 19.1 per cent drop in after-tax group profits to $13.65 million last year. But the group's operating income rose 29.5 per cent to $122.3 million. Contributing
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    • Article, Illustration
      Lock icon 12 traders cleared of cheating charges
      427 6 AP A US FEDERAL jury on Wednesday cleared 12 yen futures traders of nearly all charges that they cheated customers at the Chicago Mercantile Exchange. A judge declared a mistrial on the remaining counts. It was the second trial in which the government failed
      AP  -  427 words
    • Article
      Six top Thai banks to cut fixed deposit interest rates
      471 6 SIX major Thai commercial banks have agreed to reduce their interest rates offered on prime fixed accounts by halt' a percentage point to 14.5 per cent. The reduction to take effect next week was agreed to by Bangkok. Thai Partners,
      471 words
    • Article
      Lock icon Prudential Securities shows profit for first two months of year
      346 6 Reuter PRUDENTIAL Insurance Co of America says its securities brokerage unit has shown a profit of US$36 million (SS6I million) after the first two months of 1991. Prudential Securities brokerage unit reported a net loss of US$259 million in 1990
      Reuter  -  346 words
    • Article
      Lock icon Standard and Poors downgrades Japanese banks' credit ratings
      498 6 AFP STANDARD and Poors Corp is cutting the credit ratings of Japan's Dai-lchi kangyo Bank l td. Fuji Bank Ltd and Tokai Bank Ltd to reflect adverse changes in their operating environment. "These changes reflect the on-going process of financial deregulation within
      AFP  -  498 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      421 6 Hie Great Eastern Life I vZ-35/ Assurance CompanyLimited I (Incorporated in Singapore) I The Directors are pleased to announce I the following:- I The Company The Group I 1990 1989 Incr 1990 1989 Incr I $'000 $'000 $'000 $'000 I 1. AUDITED RESULTS FOR THE YEAR I ENDED 31 DECEMBER
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Jakarta, KL, Canberra expanding LNG exports
      695 7 Growing demand for cleaner fuel from northeast Asia IHT INDONESIA, Malaysia and Australia are expanding exports of liquefied natural gas to meet growing demand for cleaner fuel from power companies in Japan, South Korea and Taiwan, where anti-pol-lution consciousness is growing. Analysts said the
      IHT  -  695 words
    • Article, Illustration
      Lock icon Golkar expects to win polls
      311 7 Reuter INI)()NLSI Vs ruling Golkar party has predicted it will again sweep to victory with a substantial majority in general elections next year. Golkar chairman Wahono. in an interview published in the Merdcka daily yesterday, said that the party would win more than 70 per
      Reuter  -  311 words
    • NOTE BOOK
      • Article
        Taiwan allowed to open trade office in Canberra
        83 7 AUSTRALIA will allow Taiwan to open a trade otYice in its capital. Canberra. the Department of foreign Affairs said yesterday. Taiwan, which has no diplomatic representation in Australia, already has trade offices in Sydney and Melbourne. A department spokesman said no date
        83 words
      • Article
        Perth study of giant pipeline
        84 7 THK Western Australian government decided on Wednesday to look seriously into a suggestion to build one of the world's biggest water pipelines. Premier Carmen Lawrence said the State Cabinet in Perth had allocated A 550.000 (S$65.(K)O) for an examination of the funding options for a
        84 words
      • Article
        US warning to travellers
        101 7 THE United States State Department on Wednesday urged US citi/cns travelling to Indonesia and Malaysia to exercise caution, but lifted a travel advisory for Thailand. The Department warned US eiti/ens "to exercise caution" when travelling to Aceh and Irian-Java provinces of Indonesia. The Department also reminded
        101 words
      • Article
        Solomon Islands1 tourism plan
        67 7 Solomon Islands 1 tourism plan THF. SOLOMON Islands announced on Wednesday a 10year tourism development plan to boost foreign exchange earnings and increase the number of visitors by seven times. The plan is expected to cost US$62 million (SS 107.8 million). The South Pacific nation's foreign exchange earnings from tourism
        67 words
    • Article
      Lock icon Jakarta urged to compensate farmers more in dam project
      291 7 Reuter A HUMAN rights group has urged the Indonesian government to increase compensation to central Java farmers who are being flooded out ot their homes by a dam financed by the World Bank. Indonesian Legal Aid Foundation (LBH) chairman Abdul Hakim
      Reuter  -  291 words
    • Article
      Lock icon Drought hits Thai provinces
      204 7 Keuter NEARLY half of Thailand's provinces have been stricken by drought, which will worsen over the summer months. Thai officials said yesterday that two-and-a-half million people were short of water for drinking and feeding animals in 30 of Thailand's 73 provinces. Some 300,000 acres (120,000 hectares)
      Keuter  -  204 words
    • Article, Illustration
      Lock icon US firms seeking to dump waste on Pacific islands
      397 7 Reuter AMERICAN waste exporters arc approaching remote Pacific islands to accept potentially hazardous garbage from the US. says the Greenpeace environmental organisation. As African and Caribbean nations increasingly reject dumping overtures, exporters were kx)king to new regions to dispose of their
      Reuter  -  397 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      53 7 pfhhlt petf of masterful 1 Omni S Marco Polo Hotel A v v* Is J A FOR RESERVATION v \S\ U vid i V CALL 4*4 "1 4 1 EXT 19 K S Jean-Louis Yosgien Chefde Cuisine a. r* <r», 1 (> MN I HOT I I s A>IA-P C
      53 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Soviet official gives referendum warning
        102 8 NEGATIVE VOTE in a national referendum this weekend could lead to the downfall of the Soviet Union and undercut the authority of President Mikhail Gorbachev, says a top communist party official. "It the majority says no. it will mean the collapse ol the political prestige
        102 words
      • Article
        Russia draws up reform plan
        65 8 THE RUSSIAN FEDERATION government has developed a new two-year programme of economic reforms treating government and private property equally. Ihe unofficial Interfax news agency reported on Wednesday that the new plan, ideologically based on the principle of "real socialism", would constitute "Russia's special path" in
        65 words
      • Article
        Japanese trade surplus up
        81 8 JAPAN ran a trade surplus of U555,093 billion (558.862 billion) in February, up 2.5 per cent from the same month last year, the Japanese Finance Ministry announced on Wednesday. Government officials explained that the increase in the surplus in dollar terms was due to the higher
        81 words
      • Article
        Hungary woos Japanese firms
        120 8 HUNGARY has launched its first investment promotion campaign in Japan, try ing to induce cautious Japanese companies to purchase some ot the 2.000 Hungarian state companies up for sale. "We understand Japanese caution." Zoltan Gombocz. Under Secretary of State at the Ministry ol International Economic Relations,
        120 words
      • Article
        Polish minister pessimistic
        63 8 POLISH Finance Minister Leszek Balcerowicz expects the 1991 inflation rate to be about 30 per cent and the economy to grow by up to 7 per cent over the next three years. He predicted in Warsaw on Wednesday that unemployment would reach between 1.6 million and two
        63 words
      • Article
        Orders for French arms soar
        76 8 ORDERS of French military equipment by foreign clients soared by more than 50 per cent last year to between 30 billion and 35 billion French francs (Ss9.B billion to 5511.4 billion, say authoritative sources in Paris. Official figures will not be available before next month
        76 words
    • Article, Illustration
      Lock icon Fed sees emerging signs of recession bottoming out
      475 8 Pick-up in certain sectors amid general weakness AP THE US Federal Reserve has reported faint signals that the US recession may be bottoming out. while Fed chairman Alan Greenspan assured Congress that the central bank stands ready to do more if needed
      AP  -  475 words
    • Article
      Lock icon Tokyo to ease ban on rice exports later this year: paper
      269 8 AFP JAPAN will bow to external pressure and agree to relax its total ban on riee imports later this >ear. according to official policy guidelines quoted by yesterday's \ihon Kcizai Shimbun. The leading Tokyo financial newspaper said it had
      AFP  -  269 words
    • Article
      Lock icon UK current account deficit below forecast
      253 8 Reuter BRITAIN'S 1990 current account deficit was lower than independent analysts expected. due mainly to a jump in overseas investment income, according to revised trade figures issued on Wednesday. The deficit was revised downwards to 112.8 billion (5541.6 billion) from the £16.1 billion estimated
      Reuter  -  253 words
    • Article
      Lock icon Indian polls could end uncertainties
      221 8 Reuter A GENERAL ELECTION in India could end economic uncertainties caused by a severe fiscal crisis, say industry and business leaders. But they feel the elections, which Prime Minister Chandra Shekhar said would be held in May. could delay negotiations with the International Monetary Fund
      Reuter  -  221 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      31 8 H V B HI Hot hits from Marie Liz with Pare. Fresh from the Philippines at the Peacock Bar. So riveting, you'll find yourself rooted to your seat. Nightly except Sunday.
      31 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      263 9 Heartiest Congratulations and Best Wishes to Ashton-Tate on the Official Opening of its Asia Manufacturing Centre. FT7TI] rT7iT»I iDYNAMAR I I L DVNAMAP COMPUTER PROOUOS PTE LTD A NEW STANDARD Ttisit nr nrnmiai unr To,al Solul,ons ,n Bar Codl "9 *iww«uwm: and Diskette Duplication I INTERNATIONAL PR€SS CO (PTE) LTD
      263 words
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  • Article
    Back to the future
    508 10 EDITORIAL IT IS NATURAL; it is going to happen; indeed it is overdue. Yet it does not seem right. A Japan taking on a military role beyond its shores is one of the realities of the post-Cold War world. There is very little that can be
    508 words
  • WHAT THE OTHERS SAY
    • Article
      Be above suspicion
      218 10 THE move by the Stock Exchange of Singapore to impose restrictions on directors dealing in the shares of their companies plugs a loophole in the corporate arena. While stiff insider trading laws and SES listing requirements barring trades on insider information arc enough to dissuade the outright
      218 words
    • Article
      Need to save water
      131 10 THE 5 per ccnt tax on the consumption of water above 20 cubic metres sparked some debate recently in Parliament. In view of what is happening in Malacca and several Malaysian states, and our lim- ited water resources. Singaporeans should be able to appreciate the underlying
      131 words
    • Article
      Doctors' charges
      126 10 SHOULD doctors display their minimum rates of charges? The Singapore Medical Council and Singapore Medical Association probably hold views not totally similar to those of consumers in general. Besides the question of ethics, doctors will probably be concerned about whether such a move will affect their professional image.
      126 words
  • REGIONAL VIEWPOINTS
    • Article
      Workable economic union
      205 10 THE latest trend in international trade is the promotion of free trade within groups of countries based on the example set by the European Community. The US, Canada and Mexico plan to be one huge FTZ just for trade among themselves by exploiting their combined population of
      205 words
    • Article
      Respond to call for help
      135 10 AFTER 23 years, Ascan has grown from a loosely organised regional grouping with not very complementary economies into a fairly peaceful security community. For more than two decades there has been no armed conflict between Ascan members because the Asean Six have learned to deal
      135 words
    • Article
      Vivid reminders
      154 10 THE BALKANS have been forced back into world notice in recent days because of the riots in the Yugoslav capital of Belgrade. Mr Milosevic has promised economic and political reforms. Civil war was averted eight weeks ago when the federal authorities induced Croatia to abandon plans to mobilise
      154 words
  • Article, Illustration
    Lock icon Curious credulity of Western politicians
    1357 10  -  It is time, says Brian Beedham, that Western leaders begin to consider whether or not they should continue to support Mikhail Gorbachev Brian Beedham IHT FOR those still scratching their heads about Mikhail Gorbachev, Sunday will be an interesting day. On Sunday Mr Gorbachev asks
    IHT  -  1,357 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      290 10 MVARD^WJNMNX^Ep The New Zealand Beef Cuisine Award is issued to restaurateurs I and chefs who serve superb beef dishes and who have worked I hard to achieve the high standards required, irrespective of menu I price. And the first recipient of the Award, Jack's Place also serves I New Zealand
      290 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      28 10 DOONESBURY BY GARRY TRUDEAU fscuz&R'' Hunts' *<rrwNiM7 HEEM** STARK evtRiWMH duw I mrvsTtPUKt' mAtb zwncnvMTH 4 BFZW '5 ON THIS T INTteF/UPMZ'VE rjJTB "CUTS'? A QUART OF ANPTHATS
      28 words
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  • ANALYSIS
    • Article
      Lock icon Japan: Is there anyone in charge at the top?
      572 11  -  A political analyst has said Japan is in the dark ages. There is no strong leader on the hori/on and there's little chance of the opposition taking over power. Irene Kunii reports Irene Kunii Reuter POLITICIANS in Japan grumble that no
      Reuter  -  572 words
    • Article, Illustration
      Shell's winning formula
      1133 11  -  Shell celebrates its centenary this year. Lilian Ang talks to the new chairman of the Shell companies in Singapore to find out what he has planned for the Anglo-French oil major Lilian Ang MR Robert VV'alvis, chairman and chief executive of the Shell companies in Singapore, has
      1,133 words
    • Article
      'Shell man' who is very much part of the family
      596 11 THF.RE is little doubt that the new Shell ehairman loves his job. While most see work as a necessary evil, Mr Robert Walvis calls it a hobby. And the sparkle in his eyes as he talks about his role at
      596 words
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  • FOCUS
    • Article, Illustration
      Lock icon Bringing private enterprise back to Czechoslovakia
      655 12  -  Simon Pellar in Czechoslovakia and Steven Greenhouse in Poland report on enterprises that are doing well in an Eastern Europe that's experimenting with capitalism Simon Pellar Steven Greenhouse Reuter Greengrocer Musa Al-Atom is pitting his newly privatised shop against Czechoslovakia's state-run stores and winning.
      Reuter  -  655 words
    • Article
      Lock icon Sportswear maker fashions Poland's new look
      642 12 NYT FOR MOST Polish enterprises, the nation's headlong plunge from communism to capitalism has produced a story of woe: they have been slow to adapt to consumer desires, their production has plummeted and hundreds of companies are near bankruptcy. Out of this traumatised landscape
      NYT  -  642 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      63 12 g What is blue, cool and high-tech? n-rfffftail Ilia Technology Porks unveils yet onother state-of-the-art landmark the cool, blue CINTECH Specially designed and built for high-tech companies involved in information technology, CINTECH II at the Sinqapore Science Park steers Singapore into the technological age of tomorrow. call *****33 or visit
      63 words
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  • SPORTS
    • Article, Illustration
      Lock icon Still the same Seles
      553 13 UPI A FULL WEEK after being crowned the world's top woman tennis player. Monica Seles insists she has not changed a hit. Whether No I or 1(H). she says, her aim is to enjoy herself, adding: "If you have fun, you'll play a lot better than
      UPI  -  553 words
    • Article
      Lock icon Fighting to maintain top positions
      237 13 AFP SWEDEN'S Stefan Edberg and Yugoslavia's Monica Seles will try to reinforce their positions as world number one players today when the International Players Championships get underway in Florida. Edberg, who lost ground to Germany's Boris Becker when he failed to successfully defend his singles
      AFP  -  237 words
    • Article
      Lock icon Ballesteros hits upon his comeback course
      426 13 AP SPAIN'S Scvcriano Ballesteros has loosened his smile along with his golf grip. And he indieated on Wednesday that he may have found the coursc to eure the ills that have made him win less for more than a year. On the eve of
      AP  -  426 words
    • SIDE LINES
      • Article
        World Cup cancelled
        83 13 THI: Women's World "up of Tennis, the women's version of the Grand Slam Cup. has been eaneelled because of* conflicts with other events. The International Management Group, which was to stage the Dec 2-8 World Cup in Germany, had planned to feature eight top players competing for
        83 words
      • Article
        Wakiihuri opts out
        77 13 KKNYA's world and Commonwealth marathon champion Douglas Wakiihuri has opted out of* the London World Marathon Cup on April 21. so that he can compete in the Boston race a week earlier. Wakiihuri, who is also the Olympic marathon silver medallist, is undergoing intensive training in New
        77 words
      • Article
        Klimov's first stage win
        83 13 VIKTOR KLIMOV on Wednesday became the first Soviet ever to win a stage in the Paris-to-Nice cycling race while Swiss rider Tony Rominger retained the overall lead. Klimov. a member of the Spanish team Seur. covered the 167-km stage through south-central France in four hours. 24
        83 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      346 13 HOW TO ADD QUALITY TO YOUR WORKERS' TRAINING PROGRAMME. Here's a new course from lAS I teaches through video. I his means that FORWARD that's also one ot the most WORKperfect productive man-hours are not lost during cost-effective. WORKperfect the quality The FAST FORWARD way to 100% Right work training
      346 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1198 14 JsHißETOwiilEisiNrAND_EN^^^^^^^^^^^^^^^^^ANDJN2JJAlN^WHEßE TO WjNEJjNE FEAST YOUR EYES *****111 l *****1 l I on the PLUM'S TEWELS nilllllllllllllll 6fthailand From Ist March 17th March five of the finest exponents ot Thai C uisine will masterfully prepare a plethora of appetising dishes. The buffet will be available tor both lunch (12 noon 2.30
      1,198 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      620 14 TELEVISION AND RADIO IJ4Vk I «S Sj2 P KS". ri The BUSINESS ON RADIO .rdlllllY 111 C 7.00 AM CNN International (1.1 q goo& 01 Th UM,K 'BBC. 89.9 mHi i. VHF Band II I'm PftTcNN International 11 SBCB 8.30 Layar Mutiara —i nn kal- 7.10 am, 9.25 am, 1.30pm,
      620 words
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  • LIFESTYLE
    • Article, Illustration
      A look at the Deutsche mark on Hollywood
      474 15  -  Jennifer Lien samples the fringe programme of the Singapore Film Festival Jennifer Lien AS PART of the Film Festival's fringe programme. the Goethe Institut. in conjunction with the LIS Information Service and the First Film Festival Pte Ltd, is presenting the German
      474 words
    • Article, Illustration
      A rich gift indeed for NY art museum
      529 15 CHATTERBOX PHILANTHROPIST and publisher Walter Annenherg says he plans to bequeath his USSI billion (SSI.7 billion! collection of paintings, including works by Renoir, van Gogh and Picasso, to the New York Metropolitan Museum of Art. The gift would be the largest single
      529 words
    • Article, Illustration
      Lock icon When an interesting lady spills the beans
      828 15  -  A nasty look at movie-making in Hollywood becomes an instant best-seller. Larry Rohter reports Larry Rohter NYT JULIA PHILLIPS was so sure her memoirs would offend the Hollywood Establishment that she entitled them You'll Sever Fat l unch in This town Again. But
      NYT  -  828 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      260 15 AND ENTERTAIN High Fashion At H igh Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. Jk ANA HOTEL It. NASMM HIM. SINC.APORI IZI- I'M 7 U-V SINGAPORE Teochew Porridge Buffet Taste typical Teochew
      260 words
    • Advertisement
      Page 15 Advertisements Column 2
      66 15 }jm I The freshest. liveliest seafood place in town You 11 nave to go a long way to find seafood any fresher. Lunch: 12 noon 2.30 pm. '9~ i Except Sunday. Dinner: 6.30pm ll.oopm. I I roc maf«mh» ritt i lbvci roi pix ru nn imni mi«in* "VI \>l HMH
      66 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Last-minute selling sends STII slightly lower
      5004 16  -  By Genevieve Cua SHARE PRICES closed mixed yesterday in another day of consolidation, and many investors were reportedly sidelined by several disappointing corporate results. Talk that Malaysian Prime Minister Dr Mahathir Mohamad was ill triggered some last-minute selling, particularly of Malaysian stocks, and dampened
      5,004 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4324 17 Main Board si't I >m-igii 140 *>0 t I2.S% SI'll I tMTCIgll I I Id >0 2 S% M't MC MX t 26 •»6'S. S|HMV I .llkl 70"> t I I I 11 s>ih 650 > *4 ir'.. SI 2l>0 I !l*» f 20 I
    4,324 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      135 18 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) Van tier Horst Mji 12 Sep $2,451 ($1,902) 42(33) l( G Securities Mar 11 Dec 90 $1,691 ($1.102> 3 1(20) 10(/5) PuMk Bank M.u 9 Dec 90 M$/5.483($50.210) 69(5 Oat 81(4
      135 words
    • Article
      PRELIMINARY RESULTS
      381 18 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Sup Metal M.«r 13 Dec 90 $3.070($2.314) 4/(49) 10(10) HSBC M.ir 12 Dec 90 HKJJ 961d( $5 480d) 48 1 (/4 9a) 15 6( IS 3a) Prima Marl? Oec 90 $27
      381 words
    • Article
      INTERIM RESULTS
      257 18 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) FAI Ins Mar 13 Dec 90 AJ29 495L($27,905) 40(50) Roustead Mar 12 Dec 90 M$17 902(520.406) 5(5) H Leon* Ind Mar 12 0k 90 M$43.888($28.362) 6(6) Hume M Mar 12 Dec 90 M$3l 418(520.156) 5(5) Rothmans
      257 words
    • Article
      CORPORATE DEVELOPMENTS
      701 18 Mar 13 Cerebos Pacific is shitting the manufacturing operation of its Brand s division, which includes the Brand's Essence of Chicken, to Thailand The Hai Son Hup group has established a 50 50 |Oint venture with Japanese company Mitsui to provide ship management services Wing Tai Holdings scrapped
      701 words
    • Article
      DIVIDENDS ANNOUNCED
      621 18 Current Ex Boohs Date Total for Total tor payment date dose payable the year last year A scan Find USSO 10(b) Mar 18 Mar 28 Apr 8 US$010 Anno 5%TE Feb 25 Mar 7 May 15 IMME 25%TE BAT 1048% Ape 15 Apr 26 May 10 152-4% 100%
      621 words
    • Article
      RESULTS DUE
      713 18 Main Board Last Fill Year Coipany Penod Date Year Ret EPS fross Met mnomctd endrf (cents) 4» (W* l»t year (WOO) CMB Pacfcaeiif interim No» 13 Ok 90 297 132 11.616(e) BMT Interim Jan 10 tun 91 254 2 150 0 773 took Final Feb 16 Ok 90
      713 words
    • Article
      APPROVED ISSUES
      221 18 Company Rights Issue H Leant Credt Two for five M12 00 per share Ex-date Feb 21 Books close Mar 7 Acceptance Payment Apr 19 KL Industries One Kuala Lumpur Industries Hldgs Bhd share of M$! each for seven KLI shares of 50 sen each Rights issue of one-tof
      221 words
    • Article
      BONDS, LOANS & WARRANTS
      839 18 BONDS, LOANS WARRANTS Company Uuvnim puhoi C—*niam term ter o— ordinary *an clc Wt Before 26 4 93 1 warrant phis 5309 cash Causeway Low Cauuway Wt 2 10 89 to 20 10 94 1 warrant phis $0 77 cash or 1 warrant plus $0.77 nominal amount of loan stock
      839 words
    • Article
      COMPANY MEETINGS
      107 18 Avino Singapore Ltd: 17th AGM at Valley Room. Shangri-La Hotel, 22 Orange Grove Road, Singapore 1025 on Monday, March 18, at 12 noon. Sports Toto Hokfings Bhd: EGM at the Banquet Room, Kelab Darul Ehsan, Taman Tun Abdul Razak. ***** Ampang Jaya, Selangor Darul Ehsan on Tuesday, March
      107 words
    • Article
      RECORD HIGHS & LOWS
      195 18 RECORD HIGHS LOWS rt rnmiuKitp index ST Industrials Index BT Composite inoex 1512.57 (7/3/91) 1991 h«h: 1307 07 (7/3/91) 1149 08 (16/1/91) 1991 low: 1022.52 (16/1/91) 1607 12 (27/3/90) 1990 *****3 (16/7 90) 1990 1079 50 (11/10/90) 1990 low: 981 07 <09/11/90) 19W U87 76 (26/12/89) 1989 hifh: 1322 00
      195 words
    • Article
      PROPOSED ISSUES
      303 18 Company Rights Issue One to» two «a M$1 00 pet share Issue of 10m Cumulative Redeemable Preference Shares of M$0 10 each at M$1 per share with 10m detachable 1SR Bolt on One tor tour (a. MS2 00 pef share George Rent One hx two p. MSI 50
      303 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      105 18 NEWS TRAVELS AI L ADVERTISING MIISSAC.I S are effective. To varying degrees. In Singapore, when you want lo reach out to a select target audience in the transport industry, only one daily oilers you the advantage ot maximum reach at minimum costs. And that's Shipping I inies. l ivery day
      105 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Persistent profit-takers wipe out early gains
      4203 19 Bernama SHARE PRICES on the Kuala Lumpur Stock Exchange ended slightly lower yesterday after persistent profit-taking wiped out early gains. The KLSE Composite Index ended 1.24 point higher at 594.23 and the Industrial Index was 2.42 points up at 1,151.28. The scoreboard read 78
      Bernama  -  4,203 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      252 19 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your subscription now. 5 Lucky Draw Prizes The first 100 subscribers will each receive a set of two Sourcecom Audio Programmes from Panicker and Dang worth almost $50. You can choose between A. "Negotiation
      252 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close firmer in thin, featureless trade
      2335 20 Reuter IOKYO STOCKS closed firmer in thin trade vestcrdav. Interest has all hut dried up with the approach of the fiscal year-end on March 31, brokers said. In the absence of other concrete factors, the market focused on index-linked trading related to year-end
      Reuter  -  2,335 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng dips 6.5 points amid further consolidation
      2273 20 Reuter HONGKONG STOCKS ended softer in tired, featureless trade yesterday. "The market is still eonsolidating. but the long-term view is people still want to buy this market," said James Sladc of Baring Securities. "It still looks cheap." The blue-chip Hang Seng Index
      Reuter  -  2,273 words
  • Page 20 Advertisements
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  • REGIONAL STOCK MARKETS
    • Profit-taking trims early gains in Sydney
      • Article
        AUSTRALIA
        980 21 THE Australian share market closed slightly higher yesterday after a late bout of profit-taking by local investors sliced early gains. Brokers said the market started strongly following a 33-point surge in the Dow Jones index in New York overnight. Sentiment was also boosted by the release of figures at
        980 words
      • Article
        MANILA
        530 21 PROFIT-TAKING yesterday interrupted Manila's stock market rally, which had been taking the main index up to 11-month highs. The Manila Stock Exchange composite index slipped 18.93 points to close at 1.007.52. It broke last April's high twice consecutively at 1.020.61 on Tuesday and 1,026.45 on Wednesday. "The market before
        530 words
      • Article
        Untitled
        93 21 < I<mc Previous 47March 14 SYDNEY All Ordinaries Index 1,436.7 1.433.5 3.2 All Industrials Index 2.207,7 2,206.5 *12 Ml Resources Index 845 1 844(7 +44 Turnover (million) 102.62 77 43 *25.1 4 BANGKOK SET Index 861.07 861.05 1002 Turnover (million baht) 6.400 6,153 247 JAKARTA Composite Index 400.41 398.78 +1.63
        93 words
      • Article
        TAIPEI
        405 21 TAIWANESE share prices fell in early trading yesterday but slight bargainhunting in small-capitalised shares lifted the index to a higher finish. The weighted index gained 66.30 points (1.4 per cent) to close at 4,801.24 compared with Wednesday's 4,734.94 finish. Turnover fell to NT536.6 billion against NTSSI.4 billion. Dealers said
        405 words
      • Article
        Untitled
        416 21 In l«»cal currency In SS In I S$ S day N year S day S >car da> S year \I.\K 13 Index change change change change change change W lK |d 44)5 8 -0.3 13.3 -Oh 11.9 4)8 11.5 ♦E/VFE s *4 7 -°.8 157 12 1, 5 3 1,1
        416 words
      • Article
        BANGKOK
        876 21 THAI STOCKS closed almost unchanged yesterday after an early buying spree was sliced by heavy selling near the close. The SET index closed 0.02 point higher at 861.07 after turnover of 6.4 billion baht. Bangkok Bank lost six baht to end at 381, and Siam C ity Cement one
        876 words
      • Article
        SEOUL
        783 21 SEOUL STOCKS closed slightly lower yesterday in moderate trading as the government announcement on fostering manufacturing industry failed to im- press investors. The composite stock index ended the day at 677.11. down 2.10 points from the previous session. 1 urnover was 233.7 billion won against 202.9 billion on Wednesday.
        783 words
      • Article
        Lock icon NEW ZEALAND
        314 21 Reuter DOUBLE-DIGIT FALLS in industrial stocks Lion Nathan and Carter Holt Harvey helped drag the New Zealand share market down at yesterday's close, the Barclays index estimate tailing about 21 points to 1,314. Lion's 14-cent fall to NZS3.OS followed Brierley Investments' sale last week of its 14.7 per
        Reuter  -  314 words
      • Article
        Untitled
        535 21 Jakarta Rupiah \ol(*00) Abda 2400 Ahap Insurance 3900 Alumindo Perkasa Utama 9200 unch Aqua Golden Missisipi 9700 100 20 Argo Pantes 8000 Aster Jawa 2500 Astra Graphia 8300 50 240 Astra Int'l Inc ***** 100 865 Asuransi Bintang 7950 Asuransi Dayin Mitra 7000 Asuransi Jiwa Panin ***** Asuransi Ramavana 5100
        535 words
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  • WORLD STOCK MARKETS
    • Dow up slightly after 4-day losing streak
      • Article, Illustration
        NEW YORK
        1121 22 RENEWED investor interest in the shares of technology and medical companies helped snap the stock market out of a four-day losing streak on Wednesday. Traders, sensing the market was oversold after recent setbacks, also bought stocks. The Dow Jones Industrial Average closed 32.68 points higher at 2,955.20, a
        1,121 words
      • Article
        FRANKFURT
        180 22 GERMAN SHARES firmed in a moderately active pre-bourse yesterday, reversing the trend which pushed the 30-share DAX index 1.9 per cent lower to 1,542.19 on Wednesday. "The decline which set in at in the last half hour of trade was exaggerated." said the chief dealer at one Frankfurt bank.
        180 words
      • Article, Illustration
        LONDON
        773 22 LONDON SHARES showed strong opening gains across the board yesterday, taking heart from a 1.1 per cent jump on the Dow on Wednesday, which pulled the US share market out of a four-day slump. The FTSE 100 index opened 18.9 points ahead at 2,467.1 and pushed on to 2,472.8
        773 words
      • Article
        AMSTERDAM
        333 22 DUTCH SHARES were firmer across a broad front in early trading yesterday, in line with Wall Street's higher close and a firmer start for other European bourses. At 1030 GMT, the CBS tendency index was up 1.1 point at 92.6. "The market is looking quite firm this morning. We
        333 words
      • Article
        MILAN
        229 22 ITALIAN SHARES opened slightly lower yesterday, but Pirelli SpA stocks bucked the trend and surged 2.9 per cent after Continental AG shareholders scrapped a 5 per cent limit on the voting power of single shareholdings on Wednesday. Analysts say the move will help Pirelli in its battle to take
        229 words
      • Article
        ZURICH
        250 22 SWISS SHARES traded over one per cent higher at midsession yesterday following gains on Wall Street. Tokyo and most European bourses. The all-share SPI index added 13.8 points to 1.045.4 and the SMI index of leading shares rose 29.5 points to 1,621.5 points. Dealers said volume was higher than
        250 words
      • Article
        PARIS
        198 22 THE PARIS BOURSE regained more than half the ground it had lost during the previous four sessions in a largely technical rebound yesterday spurred by a strong Wall Street showing overnight and firm bond prices. The CAC-40 index pierced the psychologically key barrier of 1,800 at the opening and
        198 words
      • Article
        BRUSSELS
        131 22 BELGIAN SHARES rose 0.3 per cent at yesterday's opening. Volume totalled 220 million francs after half an hour, but was still small, dealers said. Oil major Petrofina gained 0.7 per cent to 11,350 francs. Utility Electrabel added 0.3 per cent to 4.845. Retailer Delhaize rose 0.4 per cent to
        131 words
      • Article
        STOCKHOLM
        101 22 PRICES on the Stockholm bourse firmed sharply in active early trade yesterday, helped by foreign gains and high liquidity among domestic investors. By mid-morning, the general index had risen 1.06 per cent to 1.100.70 in turnover of 246 million crowns. Blue chips were 1.17 per cent higher on average.
        101 words
      • Article
        Untitled
        92 22 March 13 (lose PnrtifliK NEW YORK Dow Jones 2.955.20 2.922.52 +32.68 NYSE Financial 145 69 144.53 +1.16 SAP 500 374 57 ***** +4 54 Turnover (million! 176.0 176.4 -0.4 LONDON Financial Times 30 1.952.1 1.947.8 M.3 FTSE 100 2.448 2 2.454 8 -6 6 Turnover (million) 826.1 838 4 -12.3
        92 words
      • Article
        JOHANNESBURG
        353 22 SHARE PRICES in Johannesburg lacked direction in slack early trading yes- terday as investors kept to the sidelines to await next Wednesday's South Afriean budget. All three major JSE indices were barely changed in the absence of any fresh leads. The all-gold index was at 1.068 versus Wednesday's 1,069
        353 words
      • Article
        COPENHAGEN
        102 22 DANISH SHARE prices edged higher yesterday, pushed up by advances on overseas markets, but held back by caution about the effect on price levels of the current 1990 reporting season. Buyers were selective, choosing blue chips such as ISS, Novo Nordisk, East Asiatic and FLS Industries. Most trading was
        102 words
      • Article
        Lock icon MADRID
        84 22 Reuter THE MADRID BOURSE was firm at midsession yesterday on news of a 0.1 per cent fall in Spain's inflation rate in February and a cut in the central bank's one-year treasury bill rate. At the close of pit trading, the general index stood at 284.02, up 3.62 points.
        Reuter  -  84 words
      • Article
        Untitled
        204 22 Toronto Mar 13 (S Ahilihi l5'/« V» Man Mum 7 11 Hank Nova Scotia I tank of Montreal WVi '<i H< I In, 41'i MKk HI* ('Mi l»»c 1 7 IJrastan I A l l > '> (inch Canadian Imp Hank *<>'• < anpac 22 V, U nch Com i
        204 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Fear of central bank intervention boosts mark against greenback
      1176 23 REPORTS THE MARK yesterday began higher against the US dollar in generally cautious trade in Frankfurt as lingering fears of central bank intervention dampened recent dollar bullishness. Comments by US Federal Reserve Board chairman Alan Greenspan, who said on Wednesday he
      1,176 words
    • Article
      INTERBANK FOREX RATES
      452 23 Cross rates IISS SS M$ Dm Yen I Shr AS N/S liSS ***** 2.7310 1.5730 135.75 0.5375 I 3645 I 3021 16X07 SS 0.572') 1.5646 0.4012 0.7777 0.307') 0.7X17 0.7460 0.4624 VIS 0 3662 63.')I 0.5760 ***** 0.I46X 0.4m 0.476X ***** Dm 0.6357 1.1047 1.7362 X6.30 0
      452 words
    • Article
      MONEY MARKET
      561 23 Interbank rates s\ Kill llfc (VCMHI'IH I I l/l 1-month 4 7/16 I ')/l6 2-month l ')/!<> I 11/In l-monlh I VX 4 1/4 IIUHII.- I-Vt I SH Kill <Mhr 1 iI.IVn 6 1/16 <i VI6 1 lllontll 6 Vl<l 6 7/16 2 months 6 1/4 6 V*
      561 words
    • Article
      Lock icon US$ still undervalued based on theories
      608 23 Reuter ALTHOUGH the US dollar has staged a remarkable recovery from the lows it touched against other major currencies in early February, it remains undervalued, according to theories used by economists to gauge its equilibrium value. Estimates of the dollar's equilibrium level based on
      Reuter  -  608 words
    • Article
      FINANCIAL FUTURES
      1315 23 SIMEX EURODOLLAR Open High Low Sett Lst Vol Op/lnt Vol Mar 91 93.54 93 59 93 54 93.57 5547 7269 2793 Jun 91 93.48 93.49 93.46 93.46 ***** ***** 6930 Sep 91 93.20 93.22 93.20 93.20 2216 6205 1802 1 Dec 91 92.78 92.78 92.75 92.77 1698 7756
      1,315 words
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  • COMMODITIES
    • Article
      Lock icon EC set to lift ban on South African gold coins, steel
      365 24 Reuter THH European Community is preparing to lift import bans on South African gold coins, iron and steel after the South African government introduced legislation to scrap all racial discrimination in owning land. FX" Commission sources said the laws
      Reuter  -  365 words
    • Article
      Lock icon North Korea plans to export refined rare earth metals
      319 24 Reuter MINERAL-RICH North Korea plans to move into foreign markets for refined rare earth metals which are widely used in high-tech industries, a Tokyo-based trading company said yesterday. An official at International Trading Corp said the first shipment would be to
      Reuter  -  319 words
    • Article
      Active buying pushes KL tin price higher
      834 24 REPORTS THE PRICE of tin rose by five sen to MS 14.93 per kg on the Kuala Lumpur Tin Market on some good buying yesterday. Dealers said the market was firmer following the steadier London Metal Exchange which was up by US$5 per
      834 words
  • Article
    PRICES
    1565 24 Rubber Mar u RAS (fob in bates) No»m lose Inl I KSS I'rompl I4425/I45 25N 144 IMVI45 IMIN Inl I KSS \pr VI I4<> 25/14* 7 5 I4MIII/I4«> 50 lnllKSSM.lv I4X SVM'MMI I4X NVI4V1M) Inl 2 KSS (>l> 141 50/I45.S0N I4VMVI45 50N Inl 4 KSS (>1' UN 51V140 SON
    1,565 words
  • Page 24 Advertisements
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      960 24 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF MAGOLO (SINGAPORE) PRIVATE LIMITED (In Members Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 23rd Floor One Exchange Square. 8 Connaught Place. Hongkong on 6 March 1991 the following Resolutions were
      960 words
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      Page 24 Advertisements Column 2
      864 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INDEX AUTOMATICS ASIA PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the aDovenamed company duly convened and held at D 7300 Esslingen-Neckar, Plochinaer Strasse 84A, Germany
      864 words
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      Page 24 Advertisements Column 3
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1076 25 City Flight ETA Flight ETO Abu Dhabi GA894 OOIO GA890 2225 GA970 2335 GA976 2340 Adaiaido QF7 1750 SQ227 2130 Amman RJ182 1400~ 2 Amsterdam KL835 1505 SQ42 0100 SQ23 1815 KL836 2150 SQ24 2215 GA890 2225 Athws SQ45~ 0805" SQ24 2215 Auckland NZ35 1530 BA11
    1,076 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Mecca for African chic
      653 25  -  LETTER FROM UPPER VOLTA ysA& 4§&iy By Nicholas Kotch Africa's in-crowd know cxactly where they have to be in February 1993. The far-sighted are already try ing to reserve rooms at Ouagadougou's Hotel Independance, a modest establishment whieh is transformed for one week every other year
      653 words
    • Article
      MONEY CHANGER RATES
      154 25 As at 3pm yesterday: I>ocj»I dollars to one unit of foreign currency C urrcncics Hid Offer Australian dollar 1.3380 1.3580 Canadian dollar 1.5000 1.5200 NZ dollar 1040 I 060 Sterling pound 3.2320 3.2720 US dollar 1.7400 1.7570 l«dl dollars to UK) units of foreign currcnt) Austrian schilling
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      90 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td March International Cicrmany Hamburg Mcmc April F.xpo-Optica Spain IFEMA ********** 15-20 (inhibition tor Ijnd C ongress the Hotel. Cimbll Kcstaurant \p rl 17th International Centre Fundacion El (541)*****25 atenng. Baking M2 Book Fair Municipal dc Libro onlecttonety
      90 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      41 25 Kokkola? Ks the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know Kurope fmni start to Finnish
      41 words
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      Page 25 Advertisements Column 2
      57 25 Will "Hi©! 1 be more jjjjjjjl nw wmm RASHID The latest 1 B I All-England 1 badminton H i l-l 1 I 1 championships. 4 PSsr s® 1 MIOHT BE OUT AT OVER-AGED 1 1 Today at 1 lunch-time. XNP mm 14. 19,1 1 U/jjj\f///(// 1 The latest news and
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      291 25 1 The income women tend organised 9 Payment due in lieu of aHT aH 10 Material a writer required jHI ""■■l for craft work (9) 11 A temple where a revered Ji2 j figure sits in state (6) BB even possi- 17 Took food back for a 9 I I
      291 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      220 25 Singapore Outlook: Showers over so era I areas in the afternoon. Forecast Maximum temperature 33.2 Assoc humidity 62% Minimum temperature 24.9* C Assoc humidity 94% Hours of sunshine 6.50 Rainfall in mm Nil Rainfall this month 1.3 Rainy days this month 1 World forecast Asia-Pacific Hi/Lo* C'ond. Auckland 22/16 Windy
      220 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      22 25 1 HFWC Some.l£A &JPDC>L>/ Tv+e CGlU»\^sL-oslT ■feP,'T£ft' »STHe OF ft Heprr SEEKING r»«S3.L£. rdR ooppp* TWLLey 0374 EVENING STANDARD CO. LTD.. I—3-IMI
      22 words
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  • Article
    Pharmaceuticals: R&D activities low in S'pore
    282 26  -  Republic best place for regional headquarters: survey By Carolyn Lim RESEARC H and development (R&D) activities in pharmaceuticals, one of the "star" industries in Singapore's manufacturing sector last year, is the second lowest in the region. This was one of the findings in a
    282 words
  • Article
    Lock icon Israelis can now invest in S'pore stocks
    130 26 Reuter ISRAEL'S Central Bank said it would allow Israelis to invest for the first time in stock markets of seven more countries in Europe and the Far East. The announcement means that Israelis will now be allowed to operate in the stock markets
    Reuter  -  130 words
  • Article
    Lock icon Foreign banks hope for licence to operate in Vietnam
    197 26 Reuter FOREIGN BANKS with representative offices in Vietnam say they may be licensed by the Hanoi government to carry out full banking operations by late 1991 or early 1992. John Brinsden, the local representative for Britain's Standard Chartered, told a gathering
    Reuter  -  197 words
  • Article
    Lock icon Jakarta tightens control over banking sector
    389 26 AFP INDONESIA yesterday announced new banking regulations which include tighter supervision and control by Bank Indonesia, the central bank. The new regulations impose stricter management criteria for new banks, tighter licensing for banks to open branches abroad, set the international minimum capital adequacy formula
    AFP  -  389 words
  • Article
    Talk of City Dev bonus prompts SES query
    347 26  -  By Elaine Koh CITY Developments saw a second day ot heavy trading as speculation about a bonus issue peisisted. prompting a query from the Stock Exchange of Singapore. A rights-cum-bonus issue was the variation on the theme, as well as expectations of
    347 words
  • Article
    Call for resident representation in Canada
    346 26  -  From Paul Gopal in CALGARY MORI- Canadian companies have become aware of business opportunities in Singapore. according to Canada's Commercial and Economic Counsellor to Singapore Denis Comeau. who pointed to the steady growth in the number of Canadian firms represented in Singapore. From 22
    346 words
  • Article, Illustration
    Lock icon US, Syria agree on UN-based peace
    461 26 AFP THE US and Syria agree on the need to secure Middle East peace based on United Nations resolutions hut differ on the definition of terrorism, foreign ministers from the two countries said in Da- maseus yesterday. "There is a window of opportunity now
    AFP  -  461 words
  • Article
    Lock icon Bush on his way to meet Mitterrand
    209 26 AP US PRESIDENT George j Bush says he's eager to ask French President Francois Mitterrand what role he envisions for Yasser Arafat after the Palestinian leader chose "the wrong side" in the war against Iraq. Mr Bush left Ottawa. Canada, yesterday morning for
    AP  -  209 words
  • Article
    Lock icon French company to develop genetic product
    194 26 AFP A FRFNCH-BASFD firm is to develop and market an Australian discovery, rejected by Australian industry, that scientists believe could be the most important medical breakthrough since penicillin. Ciene shears, discovered in 1487. may hold the answer to Aids, hepatitis, herpes, diabetes and many
    AFP  -  194 words
  • Article
    Lock icon Leak highlights sour ties between M'sia and Australia
    333 26 AFP SOUR RELATIONS between Australia and Malaysia were highlighted in Canberra yesterday with the leak in Kuala Lumpur of a confidential Cabinet decision to downgrade ties between the two countries. The Australian Broadcasting Corporation (ABC) reported it had obtained documents detailing hitherto
    AFP  -  333 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      80 26 Nikon The World's Finest Photographic Systems The Directory edition 1991 is available now. ■HBpF The directory covers approximately 400 pages consisting of laws and regulations on investment, banking, taxation, general import procedures, lists of Hi Importers with related products and other important trade IM M information. This directory can be
      80 words
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      Page 26 Advertisements Column 2
      150 26 Nikon The World's Finest Photographic Systems I Our principals are an internationally renowned corporate training organisation with state-of- the art training programmes in the fields of sales, management, motivation as well M as industry-specific training programmes for banks, financial institutions and real estate M organisations. M If you are an
      150 words
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  • Shipping Times
    • Article, Illustration
      Philseco likely to record first profit in decade
      393 27  -  From Dexter Lee in MANILA UNDERPINNED by a buoyant shiprcpair industry last year, beleaguered Philippine Shipyard Engineering Corp (Philseco) is cxpeeted to post a small profit in 1990, its first in almost a decade. Manuel Salientes Jr, its senior vice-president lor finance
      393 words
    • Article
      Lock icon JAL looking overseas for crew
      359 27 Asahi JAPAN AIRLINES Co (JAL) plans to hire 180 foreign pilots and flight engineers this year to cope with a severe shortage of Japanese personnel, according to sources within the company. It would be the first major hiring of foreign flight crew by a Japanese
      Asahi  -  359 words
    • Article
      Lock icon Soviets keen on joint space research effort
      253 27 Reuter THE Soviet Union offered on Wednesday to share its research with foreign manufacturers so that together they could develop a new generation space shuttle and long-range supersonic civilian aircraft. Alexander Gcraschenko, first deputy minister for the Soviet aircraft industry, said that although
      Reuter  -  253 words
    • Article
      Lock icon Making Canada a tax haven for foreign shipowners
      649 27 Loyd's List PROPOSED amendments to Canadian tax legislation will provide important new opportunities for foreign shipowners seeking a tax-free environment from which to operate their international shipping business. On Feb 20, 1991, the Canadian Minister of Finance announced his intention to introduce
      Loyd's List  -  649 words
    • Article
      Lock icon Japanese port dues to be investigated
      296 27 Lloyd's List THE US Federal Maritime Commission (FMC) is to investigate the charging of dock labour dues at Japanese ports following claims they may discriminate against US carriers. It coincides with a recent decision by the European Community Commission to launch its own investigation
      Lloyd's List  -  296 words
    • Article, Illustration
      Lock icon Ramos calls for creation of regional aviation industry
      217 27 AFP PHILIPPINE Defence Secretary Fidel Ramos has urged the Association of South-east Asian Nations (Asean) to create a regional aviation industry, pooling their respective resources and capabilities. "Let us face it. It would be difficult for us to compete with the Western
      AFP  -  217 words
    • NEWS SUMMARY
      • Article
        A world shipbuilding force in the making
        53 27 SOVIET YARDS have often been seen as one of the big unknowns in the 1990s shipbuilding equation. But the situation is now changing. Western interest in them is definitely on the increase while efforts are being made to modernise their facilities. Christopher BrownHumes
        53 words
      • Article
        BA faces toughest challenge yet
        49 27 BRITISH AIRWAYS, privatised five years ago, is facing its toughest challenge yet. Already managers have been told to ration chocolate mints to 1.5 per first-class passenger on average, and to remove cashew nuts from the drinks trolley, to save £40,000 per year. Back Page
        49 words
      • Article
        Chrysler board set to shrink
        66 27 CHRYSLER CORP's board of directors will rccommcnd that shareholders cut the board to 13 members from 18, booting out United Auto Workers President Owen Bieber in the process. By removing Mr Bieber, Chrysler appears to be scrapping a fundamental element of chairman Lee lacocca's strategy
        66 words
      • Article
        Northwest given access to Pacific routes
        34 27 NORTHWEST AIRLINES has won tentative federal approval to invest US$2O million in ailing Hawaiian Airlines and to take over or operate four potentially lucrative Pacific routes Back Page
        34 words
    • LOG BOOK
      • Article
        Ships needing clearance to use Eastern Anchorage
        40 28 FROM MONDAY, ships requiring health/immigration clearance will have to use the Eastern Quarantine and Immigration Anchorage. This is because the Western Quarantine and Immigration Anchorage will not be in use until further notice.
        40 words
      • Article
        HBG unit wins 2 foreign deals
        79 28 BUILDING and construction group Hollandsche Beton Grocp NV (HBG) said its subsidiary Interbeton BV received two orders totalling about 110 million guilders. Interbeton will build trans-shipment and storage facilities at a refinery of Pilipinas Shell Petroleum Corporation in the Philippines for 100 million guilders.
        79 words
      • Article
        Karachi extends port hours
        41 28 PAKISTAN'S biggest port at Karachi will extend its operations into the night following a government decision to increase exports. A port spokesman said the new facility will clear backlogs and boost exports, which have fallen since August.
        41 words
      • Article
        Saudi ship awaits repairs
        67 28 THE FIRE-DAMAGED Saudi Arabian refrigerated vessel Al Attared has anchored at Cebu shipyard and is awaiting drydocking space for engine-room and engine repairs, Lloyds Shipping Intelligence Service said. The 6,184 dwt vessel arrived at Cebu on March 6 under tow of the tug/salvage vessel Commodore. The
        67 words
      • Article
        Zenith in joint venture deal
        67 28 ZENITH ELECTRONICS CORP has signed an agreement with AM Communications Inc to jointly develop a security system for cable operators. Specific terms were not disclosed. The Zenith Port Authority "Interdiction" System gives cable operators a new, cheaper way to control unauthorised viewing of cable services,
        67 words
      • Article
        Motorola launches new chip
        51 28 MOTOROLA INC said its Microprocessor Memory Technologies Group launched the 64Kbyte ***** chip to support its ***** RISC microprocessor. The chip will boost overall system performance by 30 per cent. It will ship the chip in April at the price of US$495 each in 1,000 piece
        51 words
      • Article
        Santos unaffected by fire
        87 28 A FIRE blazing in the hold of a Greek-owned cargo ship in Santos port did not affect loading and unloading of other vessels, said a port authority spokeswoman. The fire began shortly after midnight on Tuesday in number four hold of Kapitan Leonidas, which was filled
        87 words
    • Article, Illustration
      Lock icon A world force in the making
      1115 28  -  Soviet yards have often been seen as one of the big unknowns in the 1990s shipbuilding equation. But the situation is now changing as efforts are being made to modernise them. Christopher Brown-Humes reports. Christopher Brown-Humes Lloyd's List IT MIGHT seem a paradox but
      Lloyd's List  -  1,115 words
    • Article
      VERITAS BUNKER MARKET REPORT
      562 28 Mar 11 DeimtyWater Residue Ash Alumnum Sedrwnt OwuityWater Htwta Art Atowwn Swfcwnt X M/M urn Exxon Exxon KG/M'3% V/V V V M M PPM method KG/M*3* V/V I M/M M/M PPM method IStKCmac touts Spec £25 ***** 150 olo 30* 010* Spec G35 9911 0 18
      562 words
    • Article
      THE SHIPPING GUIDE
      11590 36 Phis is a list of ships loading at Singapore for ports around the world. It tabulates, hv 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
      11,590 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        565 43 VnuI toy No Berth fcrival Departure P^*f 1M- PacSamudra 291 P4B 1403/2300 1503/2300 Keppd Wharves S, n 910 15 P2C 1403/2300 1603/0630 Altair Ace 5 K30 alongside 1403,1800 Thans Lo< 01 3/91 P3£ 1403/2359 1503/1100 KotaMegati E 888 K32 alongside 1603/1500 Kota Mole* E 892 K31 alongside
        565 words
      • Article
        CONTAINER SCHEDULE
        1350 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO I Rtcord Booting/Balance Rrib I 7 Sty Voy No Etb/Btr Ported From To From AfcaBtium Igt 15/2130 1 U/ISOO 14/1659 14/1900 H Anro Metbour ***** 17/1200 3 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1700 N Anson *****N 15/2300 1 14/1500
        1,350 words
      • Article
        IN MALAYSIN PORTS
        270 43 Pcwang Port Berth n Butterworth on March 15: 1 Christo Botev: 2; Sea Galant; 3: Sri Arika; 4 nil; 5 Singapore Glory, 6 Petr Starostin. Penanf Wharf: NB Chin fsair Jin; CB nil; SB nil BCT: Bl: Pernas Propane. Bll: nil; l/B nil VOTP: ml Due on
        270 words
    • Article
      DAILY FREIGHTS
      1044 43 THE DRY cargo freight market featured active time-chartering at firmer rates on Wednesday with capesize vessels fetching US$2O,OOO daily and over, brokers said. The firmer tone in time-charters was reflected in the further rise in the BR to new high of 1,781, up nine points, with all the
      1,044 words
    • Article
      Lock icon New air pact presents BA with tough challenge
      543 44 AFP BRITISH AIRWAYS, privatised five years ago, is facing its toughest challenge yet. Already managers have been told to ration chocolate mints to 1.5 per first-class passenger on average, and to remove cashew nuts from the drinks trolley, to save £40,000 per
      AFP  -  543 words
    • Article
      Lock icon Northwest given access to Pacific routes
      229 44 AP NORTHWEST AIRLINES has won tentative federal approval to invest US$2O million in ailing Hawaiian Airlines and to take over or operate four potentially lucrative Pacific routes. The preliminary order from the US Department of Transportation, filed late on Monday, was praised by both
      AP  -  229 words
    • Article
      Lock icon Chrysler board set to shrink
      448 44 Union president Owen Bieber fails to win renomination AP CHRYSLER CORP's board of directors will recommend that shareholders cut the board to 13 members from 18, booting out United Auto Workers President Owen Bieber in the process, the company said in Detroit on Wednesday. By
      AP  -  448 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      244 27 SWff HBK MITU CO PTI LTD 1X TUAS Ave 14. SINGAPORE 23*3 TELE* RS 20*7% SMMCPL TEL: Ml 5M5(S*>Mt TliiPA*:•»» j k|K FwNrangaof UMiACDn %«£2yfv\\ I Iks, i:r,m yyiy/Cjll lIJ uv»9o tannm UUUJ j/lmJ IkL llllm •OMtcMM ■SI /f/PfLiflttUll H«Ea r ®<*~ MMIAMMM. MALAfMA //u^Coovwfcx lIUILANQi MOMMA CtaMi LPO nHi
      244 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      137 28 UP. LIVING IT EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
      137 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2239 29 0^ "JgaC^Wßr'" 1 1AR0INE SHIPPING ACENUES %V ■I MM 200 Cjntonment Rimil #1' 05 Suutlipo,nt. SingJinie U2\2i |Mr\«llf/ Tel *****11 TtIFX NO RS ***** ■ffVTTIW TERMINAL,CES Tel *****18 220 rPwfl'M BOOKINGS Tel *****34 258 L vyuuf M PISAM JAROINE SHIPPING AGENCIES SON BHD PORT KEIANG TCI *****18 TEIFX NO MA/347.'
      2,239 words
    • Advertisement
      Page 29 Advertisements Column 2
      1328 29 MDEX TO ADVERTISERS Page Col P-Mje Col 1 l.loyd Iricslmo 4 1/2 i l ucky Seaway 15 3 I ABC Containcrlinc 12 I l.ykcs Lines 5 I I i Accord (iroup 8 1-3 MS 15 I II Ahrcnkiol Liner 16 3 I MMlm Sea-An 14 3 M R I r»dg
      1,328 words
    • Advertisement
      Page 29 Advertisements Column 3
      2642 29 NEXT VESSEL TO U.S.A. MARIE MAERSK V 9104 ETA 19/3/91 Vessel Voy EIA I ETO "Port 'Penary I DESTINATIONS S>ngapor« Kelang This m«« Mjfi« UM'M Feed*' by i»3 oßoc mrs F«rco HBBHI crs 16/3 1350 M«S M Tauro OAK LGB MOO MEM Art MIA CMS BAL PML NYC MON TOP
      2,642 words
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      Page 30 Advertisements Column 1
      1362 30 —r»~ ROTTtDAM'I VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP If HAVRE HRM FRANKFURT EXPRESS 55/310 !7 3 3/4 5/4 8-4 9 4 Liiiu TOKIO EXPRESS 98 111 21'3 11/4 9.4 8/4 «*CTBftlll*n» KAMAKURA 16/311 24/3 10/4 12'4 15.4 16/4 I. mj^TBOUNOP. KASUGA I 14/112 28/3 18/4 16/4 15/4 KELANC CARSO MONTE
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      Page 30 Advertisements Column 2
      543 30 DIRECT SOUTH PACIFIC SERVICE SIN NCHJ SUV PPT SEASPAC I 28/3 11/4 14/4 19/4 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUALOAEA DIRECT CHILE SERVICE SIN IQO ANF VAP CALL AO SAN (PERU) ANTONIO SEASPAC I 28/3 2/5 3/5 6/5 7/5 8/5 Calljo or Santiago via Valpa
      543 words
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      Page 30 Advertisements Column 3
      1480 30 I ggl a&mmrs HBMHB regular independent full container service W£STB6UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTA2AH 9102 3 18/03 06/04 07/04 12/04 13/04 14/04 15W 16/04 17/04 NORASIA SAMANTHA 9103 3 25/03 15/04 16/04 20/04
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      Page 31 Advertisements Column 1
      2115 31 SjgSlwimers Maritime Holdings Ltd Ww P&O I pfWf STRAITS SHIPPING j Containers fctfS gasr""-* *0, Re P HUrg S pwe Al« Sou Ant Rot Mb* ACCEPTS DUE SAILS LARS MWHSX 9104 BAN 07,03 IMB 29U1 0104 02-04 0404 CARGO ORithlAl BAY t604 BIER 10,01 16,03 0204 0404 06 04 IAUST
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      Page 31 Advertisements Column 2
      2055 31 TO; VS,A,/PANAMA fm: u.s.a /panama SP OAK ICS CHI fOfl S* NO« NTC NrC MOD SAV CRI LGB OAK W f 'r l# ,7, 101 U4 ?W v< 4 HAM6UR(. UN WA UK W/l M l 11/1 42 I*2 IV2 11(3 JL5?£?« i.» 1\ 11! M ,f$ ,12 «I*N «N
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      Page 31 Advertisements Column 3
      379 31 FT STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASIAN COSMIC COSMIC CHALLENGER STAR TRADER PIONEER VOY NO 5 11S IS 1* S pore Ski 16/3 18 3 20/3 P Kelang Sid IS»3 22/3 Penang Yangon Mongla Chittagong Calcutta Yokohama T Nagoya Osaka Senboku I Kobe NOTE
      379 words
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      Page 32 Advertisements Column 1
      761 32 MHU CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI.VOY I S PORE ROAM ADAM H BURG BREMEN ANTWERP IRIAS UNITYOEWB 15(3 15/4 21/4 26,« 30/4 $RIWIJAYA,3IWB 29/3 6/5 12/5 16/5 20/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducamant. Also accepting cargo to Casablanca. Port Said, Port Alaaandrla,
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      Page 32 Advertisements Column 2
      746 32 J& ift. i£| HANJIN SHIPPING I FEEDER VSL SIN LINE HAUL LAX OA* H S pee IEH RTM ANR rtAM BRV FEL HANIIN FELIXSTOWE 00/E 17 3 OIRECT 14 11/4 HANJIN ROTURDA* 013* 18 1 4 St t 't »4 10 4 HANJIN MASAN OUE 25.3 DIRECT 154 144 HANJIN
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      Page 32 Advertisements Column 3
      1486 32 IPKL SCP *KC KSG KLG E-US HUT OS* NCY SM2 IVO LAX CHS BAL NYC LHJ AN* ROW TMP HBC. PSO CM6 PKL SCP I t GRACt RE 01 14 3lnPt 20 3 213 23/3 2S<l 283 30/3 313 2/4 111 2S-4 2'4 .*t* ei »S 105 115 US 23/5
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      1951 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 TERMINAL OFFICE *****22 DOCUMENTATION OEPT: *****44/*****14 MPMMM CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 MV nepune sdn bhd Malaysia K.L.-(03) *****33, P. KeJano-(03) *****87, Ponano-(04)
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      Page 33 Advertisements Column 2
      1065 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VtSSILS VOrAGC ISPOOf |MANiIA MKOUC VOY AM SCORI PKIANG HBURC 'HAVEN TIIBURV
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      Page 34 Advertisements Column 1
      1675 34 H- W V w V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No **********0 M) TEL *****7/ TEIEX KAWAKIRS23I6S FAX *****79 M ■\M MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD Ski A TEL PJ 75b4722 PK *****01/5 PfcNANG *****5 JB *****1 ■■■MB KAWASAKI KISI N K AlSi 1\ 111). INDONESIA
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      Page 34 Advertisements Column 2
      1304 34 \p"* PHIU-ORICNT UN€S PT€ LTD V* 108 ROBINSON ROAD *0' 00 GMG BUILDING SINGAPORE 0106 TEL *****22 *****69 ?*****0 TELEX RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA SJfcajgr WE TAKE ON THE WORLD FOR YOU ME.MBLK OF SINGAPORE FREIGf IT FORWARDERS ASSOCIATION 25 MAR MONTREAL, OTTAWA.
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      1581 35 PACIFIC INTERNATIONAL LINES (PTE) LTD *****5 Mfcf PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 I BANGKOK 1 VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN MXIAPAHIT 9104 17/3 20/3 'f/NU|TY 124N IM 19/3 23/3 BUNGA TERATAI 102 17/3 19/3 24/3 JJiS an« inX EDEN 9111
      1,581 words
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      Page 35 Advertisements Column 2
      1196 35 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 I #13-05 Southpoint Fax: *****63 I Singapore 0208. m Telex: RS ***** P EXPRESS CONTAINER SERVICE TO UK/CONTINENT < VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Alsia 068 19/3 5/4 6/4 8/4 9/4
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      Page 35 Advertisements Column 3
      359 35 M MYANMA yyu* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PATHEIN Vllo* II Mar PAGAN VISBW 27 Mar THE BANK UNE (A Mfvlc* of Andrew W«lr Shipping) VT SEMI-CONTAINER SERVICE VI HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I BUNKER SURCHARGE
      359 words
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      Page 38 Advertisements Column 1
      726 38 TO AUSTRALIA/NEW ZEALAND VS4. |Sin |Frem |M* t> |s,d Uuck [NPE [p CHAIN "mtvcrkn 2w ill 57 T« M~ 5M TbT HI TNT EXPRESS 7W U* ST HT 95 145 IfcS i? 5 ELLEN HUOIG 270 iT 165 !2 5 fs 46 BRUSSEL 211 »1 Jll ~M W6 liTi 176
      726 words
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      Page 38 Advertisements Column 2
      1170 38 EXPORTS TO HONGKONG. TAIWAN JAPAN TWICE WEEKLY MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG JKT SIN HKC KAO KEE TYO SM2 NGO KOB VESSEL VOY SIN PHI PWG BiW SIN ACX LOTUS iOB N6T143~ liT" 111 25 3 28 3 301 111 tQUATOW PRIDE 81A It 3 131 211
      1,170 words
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      Page 38 Advertisements Column 3
      288 38 lr w IT W m wt m w w w m W w W p.T. UNITED SHIPPING "oF ORGANISATION LTD omamcuußMßviCfs -X- JAKARTA SURABAYA T DIRECT REGULAR SERVICES TO JAKARTA I SURABAYA JL- Accept cargoes to *11 other Indonesian ports with transhipment at Jaharta or Surabaya. DESTINATION ETA ETD VSL
      288 words
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      Page 38 Advertisements Column 4
      1561 38 Ss? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE ■unmix!*-'! L AGENTS COSTAR SHIPPING PTE LTD TEL: *****00 (SINGAPORE) < *rtlrc V GLOBAL PUTRA 'NDONESIA MARITIME TEL *****82 (JAKARTA) MALAYSIA S AGENTS CHUNG CHIAO SHIPPING SON BHD TEL: *****91 (KL) A *****1 (PENANG) GUAN GUAN SHIPPING SON BHD TEL. *****61
      1,561 words
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      Page 39 Advertisements Column 1
      929 39 UKC CONVENTIONAL SERVICE Vessel PKL HNC P C Loading for A VESSEL .M UJ Rotterdwn Antwerp CHfNA FULL CONTAINED SERVICE Vessel SOP PKL BKK HKC QIN SHA YANGf ANGKOII 14/ 02 04 OHM 0/ 04 12 01 18 U4 YANGFANCKOII 149 0)05 0405 JHUb 13 05 19 05 Also jccentmg
      929 words
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      Page 39 Advertisements Column 2
      299 39 i r RICHFIELD MARINE AGENCIES (S) PTE LTD Si TEL: *****33 (12 Lines) I cr* FAX: *****15/*****03 fTf TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VtSStl |Vv)¥ tIA 11 OAUINO rofl SPUME ABBAV WOHZ ?BWB 10'05 DARFSSAL AAM
      299 words
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      Page 39 Advertisements Column 3
      825 39 te_P.T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ SIN
      825 words
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      Page 39 Advertisements Column 4
      456 39 SYDNEY/MELBOURNE BANGKOK VtSSU »OY SPORE SYD DHL VESSEL VOY SINGAPORE BANGKOK PIANtTA 0447 0102/4 14-15/4 1120/4 SIRI BHUM# 476N In Pt 15/3 Won 11/3 PIYA BHUM OSO3 14 15/4 27 29/4 01-C/S MAHA BHUM# SOW Sun 17/3 Wed 20/3 PIANETA 0M« 01 02/5 14-16/5 H-20/S NANTA BHUM 33N Wed 20/3
      456 words
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      Page 39 Advertisements Column 5
      472 39 Tttßime VBL VOY SIWOAPO«£/MADRAS/MNftAPOWC VESSEL VOY SIN MAA SIN LEUVE 9141 Sailed 21-23/03 2»-»/03 TIGER BAY ISIN 17 18/03 24-27(03 01-02/04 TIGER STAR IS2N 23 24/03 30 02 04 07 08 04 VBL VOY SIHOAPOWE/CALCUTTA7BINQAPORE 4 VESSEL VOY SIN CAL SIN TIGER CREEK 124C8N 18 18 03 26-27/03 02-03/04 TIGER
      472 words
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      Page 40 Advertisements Column 1
      1235 40 •gc A MAC-NELS Singapore EXPORT TEL: *****22 IMPORT TEL: *****02 I IF I (04) 634b36 KK IE I lAWAU ILL (089) //86/9 T "lip KELANG TEI (03) *****77 KUCHING FEI (082) *****3 SKAN TEL (089)*****2 J!j BAHRU TEI (07) *****2 SIBU IFI (084) *****2 SARIKEI TEL (084 6i>1388 "JAKARTA TEI
      1,235 words
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      Page 40 Advertisements Column 2
      416 40 BLUE STAR LINE SINGAPORE TO J| NEW ZEALAND AND T/S FIJI KILI.Y CONTAINKRISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMKRS ACCKPTISG KC I. LCI. FOR AUCKLAND. NAPIKR, WELLINGTON, BLUFF, CIIRISTCHURC 11. DUNEDIN, LYTTKLTON. INVF.RCARGIL. FIJI AND TAHITI SIN N PIT AUCK IYT MANDAMA 0592 18 Mar 29 Mar Via
      416 words
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      Page 40 Advertisements Column 3
      1166 40 ri n "I I'tmt/H i* i««i m m /SSI THONG SOON LINES PTE. LTD. I 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 VESSEL VOT [ETA |*ST VESSEL I VIT
      1,166 words
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      Page 41 Advertisements Column 1
      923 41 >((£>gv COMPANIA PERUANA \y£|L OE 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 Penjng* P Kelang Singapore E Msia SHAPLAEVERETT In Pt/17 Mar 18,20 Mar KAMAIEVERETT 27/ M War lIMr r O2 Apr 05(07
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      Page 41 Advertisements Column 2
      528 41 VSL jvoiTjs PORE |MAINIINER ~[[AX KST SAV fN»C ]HM lIM EILAT ut U i iiM S»V«NNA» 1)« .'J I 2/4 ft Hi Ml PIRAEUS 1271 Z1,3 2;M CANADA A 4 I S '•> 4S II S 2M KAOMSIUNC 12* 2t<l 2H» CANADA 2V4 I'i IS US 2IM OSAKA 1/E SI
      528 words
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      Page 41 Advertisements Column 3
      794 41 ■41 SING KWANG HANGI SMIPIMNG TRANSPORTATION (PTC> LTO llKll WEEKLY LCL/FCL SERVICE (VESSIL Is PORE JAKARTA SURABAYA RAJA BHUM V.B4S 1/'3 20'3 MEKMANIK KURAKO V MN|2l/3 |?4/3 f VESSEL S PORE BANGKOK I A VESSEL 17/3 20/3 1 A VESSEL T?0/3 23/3 DESTINATIONS ETA SINGAPORE PORT KELANG 22 MAR MANILA
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      Page 41 Advertisements Column 4
      597 41 IS PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SBY JAiIOIHI 923 16/03 19/03 PHASFTIA 155 A ?WO3 24/03 JATIOHO 924 23/03 26/03 PHASMIA 157 A 28/03 01'04 TAN TO UTAUA 149 20/03 23/03 TANTOUTAMA 151 2803 01/04 TAN TO UTAMA 153
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      Page 41 Advertisements Column 5
      397 41 SIN FM EAST 17/3 KEELUNG/KAOHSIUNG 16/3 BANGKOK 16/3 MANILA/CEBU 16/3 JAKARTA/BELAWAN/SURABAYA 16/3 PORT KELANG/PENANG/E. Malaysia 16/3 BUSAN 16/3 TOKYO/YOKO/KOBE/NGO/OSA 17/3 HONG KONG SIN CNINA 17/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EWOPt/UK 17/3 LDN/FLX/LVP/SOU 17/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary /Roumania/Poland, Bulgaria/Czech. SIN USA
      397 words
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      Page 42 Advertisements Column 1
      697 42 CB SHIPPING Cl™s) MARINE SERVICES NORTH QUEENSLANO/PAPUA NEW GUINEA SERVICES CONTAINiR/LCL/BREAKBULK SERVICE "ANKE" SERVICE lAM SPt TC BARA LAI POM I VILLI ima M 6 "3 II 12'3 1% 3 17H 26,3 V2JSB 2;« IV4 *-10;4 1M 2H 25.' V24SB W 6,5 11/5 H5 21,5 25*5 PNG BUNKER SURCHARGE TEU
      697 words
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      Page 42 Advertisements Column 2
      472 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE KVT VO4CW9I 17/3/91 11/4/91 12/4/91 17/4/91 IY VO3 91W 21/3/91 18/4/91 8/4/91 13/4/91 B A V 05CW91 3/4/91 26/4/91 27/4/91 2/5/91 AN VO4 91W 10/4/91 5/5/91 25/4/91 30/4/91 K V U V 06CW91 15/4/91 6/5/91 7/5/91 12/5/91
      472 words
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      Page 42 Advertisements Column 3
      536 42 licna SM PTL DSN RBY I ALS AMALIA VO4W 20/03 30/03 03/04 I SILVER HAPPINESS VOSW 04/04 14 04 19 04 I ALS STRENGTH VO6W 17/04 27/04 02 05 I Accepting FCL and LCL lor Johannesburg RBV OBN PTL SIN KEE BUS ALS ENDEAVOUR VO2E 12/03 17 03 27/03 06/04
      536 words
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      Page 42 Advertisements Column 4
      461 42 CUui conmv inKßmopnfo LCL/FCL SERVICE FROM IX f I BHI g opfal— owf 600 ternilnela/ofßoa* in UJ3A i II lm I CUtt maintain* ovar 35,000 tractora 4 trucks. II KUL M CUJI Mrv«a ovar 60,000 pointa in USA I II /MBt\ £ZMf offar raUabia LCI/FCt atrvioaa. Gen«r»i Aganti 7Z>J!AK-rsA/Ar Af
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      Page 42 Advertisements Column 5
      590 42 XXK SETH SHIPPING CORP SDN BHD (JJmM PT ILU TEL 03-*****01 |l lm| FU3I7MII IWflf/ TEL M ana FU 04-ttMU Wt?l4U2 *'M TEL M 4 3IMB TAWAU TEL aM77M7I W TEL 3M*****0 RUCK TEL MT*****3 M SIA TO USA/CANADA CONTAINER SERVICE fttDEH VOT PEN PKL SIN LA/LB KST NYC HFx")
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      588 43 TIDES AND WEATHER TODAY'S TIDES (hc#t in metres) HOUR 0000 0100 0200 0300 MOO 0500 OCOC 0700 (MOO 0900 *****100 **********40 1500 1600 **********00 2000 2100 *****310 JR 24 2.2 1 7 13 10 09 10 1.2 1.7 2.3 28 29 28 24 18 1.2 08 05 04 06 10
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      Page 44 Advertisements Column 1
      392 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG POH AIK 184 18/3 BATU AMPAR/SEKUPANG/BATAM SAMUDERA 102 18/3 DUMAI/PEKAN BARU ABAOI JAYA 15/3 DUMAI/PEKAN BARU KUALA SIAK V 15/3 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS Also accepting
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      Page 44 Advertisements Column 2
      662 44 NOTICE MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HUG LBH OAK SEA CHI FROM PSW VOY LBH OAK SCA HKC SIN HYUNDAI COMMANDER 24£ 23/3 28/3 15/4 11/4 21/4 20/4 HYUNDAI EXPLORER 37W 12/2 15/2 17/2 7/3 14/3 HYUNDAI PIONEER 39C 30/3 4/4
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      Page 44 Advertisements Column 3
      63 44 M.V. "OCEANIA QUEEN" V*y. U trnl Singapore 1/3/11 Consignee of all damaged cargoes ex the captioned vessel Is hereby notified that a general survey will be held on the 18th March 1991 (Monday) Keppel Wharves at K3O 0900 1200 hours. No further survey will be entertained thereafter. Ageato: "K" Llae
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      Page 44 Advertisements Column 4
      537 44 CHARTPOINT Every Saturday in Business Times NOTICE FAB EAST/GULF OF ADEN AMD BED SE* PORTS CONFEBENCE Notice to Shippers Extra Risk Surcharges Further to the announcement on 7 March 1991 the Member Lines have agreed that the Extra Risk Surcharges for Jeddah should be withdrawn with effect from cargo loaded
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