The Business Times, 27 March 1991

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Wednesday, March 27, 1991 75*
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  • NEWS SUMMARY
    • 69 1 EUROPEAN Community (EC) agricultural ministers remained deadlocked yesterday over whether to raise the community's farm budget to take account of the costs of German reunification, ministers said in Brussels. Only the British and Dutch supported a proposal from the EC's executive
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    • 69 1 US FEDERAL Reserve Chairman Alan Greenspan apparently believes that the risks of a credit crunch in the US are much less now than they were six months ago, Horst Koehler, state secretary in Germany's Finance Ministry, said. Mr Koehler, who met Mr Greenspan on
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    • 26 1 DISK DRIVE manufacturer PrairieTek of the US is investing $45 million to produce 2.5inch hard disk for laptops and electronic notebooks. Page 2
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    • 18 1 TAY KHENG SOON is the new president of the Singapore Institute of Architects. Page 2
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    • 23 1 THE THAI Foreign Ministry has put together a blueprint to upgrade bilateral ties between Thailand and Laos Page 9
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    • 22 1 PENANG is looking for entrepreneurs keen on converting the island's heritage houses and colonial mansions into thriving hotels Page 10
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    • 20 1 VIETNAM is offering wide opportunities to Malaysian businessmen, says Malaysian Deputy Prime Minister Ghafar Baba Page 10
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    • 34 1 TAIWAN'S Cabinet has approved a plan to pump US$3O3 billion into more than 700 infrastructural projects over the next six years, in its biggest and most ambitious renewal programme Page 13
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    • 29 1 PORTS were yesterday urged to change with the times and become one-stop service centres, offering storage and distribution services to their users Shipping Times Page I
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  • MARKETS SUMMARY
    • 32 1 SHARE PRICES opened slightly higher on Wall Street yesterday with the Dow Jones index of leading industrials gaining 0.74 points to 2,866.58 points in the first five minutes of trading.
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    • 39 1 UK SHARES bounced off early lows but remained slightly weaker at midday yesterday as the market digested a glut of company news and results. By 1156 GMT, the FTSE 100 index was 5.2 points down at 2426.7.
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    • 12 1 DISAPPOINTING results have been posted by Parkway Holdings Page 3
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    • 13 1 UNITED ENGINEERS have turned in meagre profits Pas* 3
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    • 43 1 PAN Pacific Asia Bhd, the holding company of Johor stockbroking firms Koh Lee Securities and Hamid Chua Securities, plans to increase its issued and paid-up capital to Ms6o million to enable it to expand its operations. Page 4
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    • 15 1 THE PLANNED sale of Sayam Bank has raised some posers Page 8
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 728.13 -4.01 Kuala Lumpur ....587.98 -2.79 Hongkong 3,683.90 -34.65 Tokyo 26,339.38 -306.41 Sydney 1,437.0 +11.4 Monday Change New York 2.865.84 +6.93 London 2,431.92 -8.6
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    • 19 1 Exchange rates USS SSI.7780 100 Yen SSI.2819 MS SS0.6444 Mmmw mirkut nfM Overnight 3-1/2 3/8 3-month 4-1/2 1/8
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    • 38 1 Lttmfiw Gold AM fix US$358.00 -US$3.75 RHMmt S'pore Apr 143.50*/kg unch M'sia Apr 226.50*/kg unch KL Tin Turnover 40 tonnes -16 Spot M$ 14.81 /kg -0.01 Crude palm oil Turnover. 2,662 lots +367 Apr M$794 /tonne -32
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  • 465 1  -  $46.7 m earnings helped by high margins By Lilian Ang HOMEGROWN Singapore Petroleum Company (SPC) has turned in a sparkling set of results last year, with profits almost double the $24 million forecast when it was listed last year. The strong earnings of $46.7 million
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  • 427 1  -  A sign that demand for ocean vessels is recovering By Dexter Lee SINGAPORE has won its first major shipbuilding contract from the Middle East since the Gulf War ended, a sign that demand for ocean vessels is recovering from the negative effects of the Gulf crisis.
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  • 273 1 THE US DOLLAR hit a sixmonth high of 1.7840 against the Singapore dollar yesterday, in reaction to the greenback's surge against the major currencies in New York on Monday. The US dollar opened at 1.7780, up from the previous close of 1.7700,
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  • 170 1 Agencies THE UN Security Council's five permanent members were close to agreement on a Gulf War ceasefire resolution to dismantle Saddam Hussein's war machine as Kurdish rebels on Tuesday defended Kirkuk against a second day of intensive shelling and air attacks by Iraqi government
    Agencies  -  170 words
  • 425 1  -  From Abdul Hadhi in KUCHING SARAWAK will be seeking investors from Singapore. Japan, and Taiwan for the two proposed free trade zones at the heart of the East Malaysian state's drive for industrial development. These free trade zones will be ready by
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  • 173 1 Reuter ORDERS for durable goods in the US fell 03 per cent in February, largely because of a big drop in demand for new industrial machinery, the Commerce Department said yesterday. The February decline followed a revised 1.5 per cent drop
    Reuter  -  173 words
  • Page 1 Advertisements
    • 215 1 The best just keep getting better... and better...' l ami nroi mH Aircraft Schedule 27 Money Market 25 Work) News 11 Commodities 26 Regional Co News 6 Cryptic Crossword 27 Regional News 9,10 Editorial 12 Regional Stock Markets 23 For market indices, editorial. Financial News 8 SES 18.19 advertising and
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    • 11 1 US Treasury to shed light on Saddam's financial network. Back Pg
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    • 45 1 I I FANTASY WATEROEDS fj^| 9H| §5 llf 'K 5. tuT Showroom: 15 Enggor Street *01-03 Really Centre gpj Singapore 0207 Tel: *****56 Fa* *****54 >U »ll »S xNV THE ONE THE ONLY THE WINNER Exclusively at *02-17 Shaw Centre 1 Scptts Road Tel *****11
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  • HOME NEWS
    • NEWS ROUNDUP
      • 59 2 BIRMINGHAM-BASED Delcam International has formed a joint venture with Task Technology to market Delcam s advanced CADCAM systems in the Asean market, and Singapore in particular. Delcam (Singapore) will sell CADCAM systems for the design and manufacture of complex components for the mechanical engineering industry
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      • 58 2 THE Urban Redevelopment Authority has awarded the restored shophouses in Chinatown (Kreta Ayer) Conservation area to the highest bidders. Three shophouses in Sago Street, which did not receive any bids, will be re-tendered at the end of next month. The sale of the 23 units of restored
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      • 43 2 PROFESSOR Neville Bennet, a leading British educationist, will deliver this year's Ruth Wong Memorial lecture on April 5 at the National University of Singapore. The topic of his lecture is "Changing Conceptions for Children's Learning: Implications for Classroom Practice".
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    • 295 2 UOB has launched the sale of a new series of gold coins called the Australian Nugget Large Bullion Coins. The coins, produced by Goldcorp Australia, will be available in three sizes: two ounces, 10 ounces and one kilogram (32.15 ounces). The one-kilogram
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    • 450 2  -  By Carolyn Lim ANOTHER big name in the disk drive industry has announced plans to set up a manufacturing plant in Singapore, the world's largest producer of disk drives. PrairieTek of the United States is investing $45 million over the next five years
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    • 321 2  -  By Schutz Lee THE FIRST Mexican trade commission in South-east Asia, based in Singapore, will promote not only bilateral trade but also "trans-Pacific regional trade" which could reach US$l billion (551.76 billion). Singapore will be the distribution centre for this region for
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    • 442 2  -  By Elaine Koh GETTING a share of public sector work for private architects will be a top priority of the Singapore Institute of Architects, under its new president Tay Kheng Soon. The institute will set up a committee to define the architects' position,
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    • 327 2  -  By William Chia CASSETTE tape maker General Magnetics Ltd posted a 35-per-cent increase in 1990 group after-tax profit, which rose to $9.01 million from $6.66 million a year earlier. The company, which announced its results yesterday, said that group turnover in- creased by 4.2 per cent
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    • 200 2 THE EDB Society, which was launched yesterday, can become a feedback system for the Economic Development Board and suggest improvements to its initiatives and schemes. This was the opinion of EDB chairman Philip Yeo, who spoke to former
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  • Page 2 Advertisements
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      298 words
    • 17 2 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT.
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    • 66 2 WHAT DISTINGUISHES THE KNOW FROM THE KNOW-NOT SUITABLE FOR UNLEADED PETROL AUDI 80 2.0E AUTO Connoisseurs of cars choose the fuel-injected Audi 80 2.0E Auto for its unbeatable German engineering. They appreciate and understand what goes into the making of a truly great car. The knowledge sets them apart. CHMAMOtUjOTOftS
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  • SINGAPORE – MALAYSIA COMPANY NEWS 1
    • 496 3  -  Profit after tax of $35.6 m on turnover of $279.2 m By Elaine Koh PROPERTY-based Parkway Holdings' profit after tax and minorities in 1990 was almost flat at $35.62 million, despite a 62 per cent jump in turnover to $279.18 million. The
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    • 210 3 UNITED PULP Paper (UPP) has reported a group profit of $1.02 million for its operations in 1990, down 62 per cent from 1989. Earnings per share amounted to 1.1 cent last year, against 2.8 cents in 1989. The directors are proposing a first and
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    • 333 3 DESPITE the one-and-a-half times jump in revenue to $124.3 million, group earnings of listed United Engineers Ltd grew by only a minute 1.8 per cent to $2.25 million last year from a year earlier. Announcing its results for the year ended Dec 31, 1990,
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    • 231 3 LISTED Chinese herbal merchant Eu Yan Sang (EYS) has turned in a set of lacklustre results for the six months ended Dec 31, 1990, showing a 75 per cent drop in earnings to $258,000 on the back of a slight fall in turnover to
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    • 312 3 Bernama TECHNOLOGY Resources Industries Bhd will undertake a "house cleaning" to make better use of its assets, chairman and chief executive Mr Tajuddin Ramli said yesterday. Some of the group's operations would have to be transferred or redeployed to increase their efficiency, he
      Bernama  -  312 words
    • 259 3 OCBC-linked Harimau Investments yesterday reported a group after-tax loss of 5139,000 for 1990, a dramatic reversal from its $3.05 million profit the year before. In a statement released yesterday, Harimau Investments said that its results were adversely affected by the Gulf
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    • COMPANY BRIEFS
      • 69 3 AMALGAMATED Steel Mills Berhad has reported an 85.4 per cent jump in its group pre-tax profit to M 582.36 million for the six months ended Dee 31, 1990. Group turnover rose 48.4 per cent to M 5848.84 million, while group profit attributable to shareholders soared
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      • 54 3 ESSO Malaysia Berhad has recorded a 20 per cent rise in its after-tax profit to M 573.6 million for 1990 compared with its 1989 earnings, chairman Datuk Charles D Roxburgh announced yesterday. The higher profit translated into 27 sen per share compared with 23 sen
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      • 40 3 C I HOLDINGS Bhd said yesterday that it was at the early stages of discussions with Hume Industries (M) Bhd on areas of common interest, and would advise the KLSE should the discussions result in an agreement.
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      • 86 3 DUNLOP Estates Berhad said in a statement yesterday that trading in its shares on the Kuala Lumpur Stock Exchange will resume on April 1 following the completion of its acquisition of 41.81 million Msl ordinary shares in Magnum Corporation Bhd from three vendors. Dunlop Estates
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      • 32 3 ELECTRO Magnetic (S) Ltd announced yesterday that it had terminated the services of N M Rothschild Sons as its financial adviser with effect from Jan 17, 1991.
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      • 34 3 AMTEK Engineering made a profit of $1,934 on the sale of its quoted investments for the half-year ended Dec 31, 1990, and not 1.93 million as was reported in BT yesterday.
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    • 341 4  -  Supplying building materials draws in the big bucks By Lee han Shih GOVERNMENT-backed Resources Development Corporation has emerged a winner ki the booming construction industry. Its 1990 group earnings shot up by almost six times to $10.76 million from a year earlier. But,
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    • 301 4 IGB sees 29pc jump in group earnings IGB CORPORATION Bhd has reported a 29.3 per cent rise in group earnings to M 538.46 million for the year ended Dec 31, 1990. The group said it received significant contributions from all segments of its operations. It added that the "Malaysian economy
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    • 303 4 Industrial Commercial Bank achieves 35pc profit growth PUBLICLY-LISTED Industrial Commercial Bank (ICB), a subsidiary of United Overseas Bank, yesterday announced that group net profit for 1990 operations rose 33 per cent to $33 million from $24.48 million in 1989. The robust performance is said to have been backed by strong
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    • 341 4 Bernama PAN Pacific Asia Bhd, the holding company of Johor stockbroking firms Koh Lee Securities and Hamid Chua Securities, plans to increase its issued and paid-up capital to Ms6o million to enable it to expand its operations. A paid-up capital of that
      Bernama  -  341 words
    • 128 4 SESDAQ-LISTED Fuji Offset Plates Manufacturing yesterday unveiled a dismal set of results marked by a 61 per cent drop in group after-tax profit. Group earnings fell to $1.32 million from $3.41 million in 1989 in spite of an 18 per cent rise in
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  • Page 3 Advertisements
    • 302 3 Wi 11 you call me f rom your hotel, darling? J W ANA HOTEL SINCAPORE i i POWER IN A IMOTEQQgK Li"- j ■■PI I K2 >*- JJV/ Th e T l packs 286 processing power in a notebooK size 1.4" thin and 4.41bs light. The company that gave the
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  • Page 4 Advertisements
    • 203 4 Are you another Kenneth James? n Business Times, Kenneth takes charge of the economy. He is our Economics Correspondent, the writer who brings to bear his economics expertise on the world as it really works. He watches out for the signs that spell boom or doom, and exk plains the
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    • 117 4 PLUSS INTERNATIONAL ASIA Head Office in Geneva (Switzerland) realizes for you on short notice any type of architectural projects by adopting futuristic ideas, new forms, new concepts. PLUSS INTERNATIONAL realises outstanding realestate pro grams worldwide by using Swiss quality standards and disposes of a 25 years experience. All projects are
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  • Page 5 Advertisements

  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 83 6 SONY CORP of Japan and PT Seruni Sejati of Indonesia have agreed to set up a joint-venture company to manufacture electronic products for export, with a total investment of US$7B.3 million (S$ 138.6 million). The Jakarta Post reported that the company would be called P
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      • 65 6 GOODMAN FIELDER WATTIE Ltd is to sell its New Zealand subsidiary, Wattie Fishing Ltd, for an undisclosed sum. The conditional sale, which was expected to be completed by mid-April, was to Wattie Fishing's chairman, Peter Vela, and managing director, Philip Vela. GFW chief executive Michael
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      • 116 6 HONGKONG'S City Resources has silenced.critics of its bid for a range of forestry concessions in the South Pacific with comprehensive details of the proposed HK5797.4 million (S$ 181.8 million) buyout. The South China Morning Post said investors had been sceptical of the deal as it appeared
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      • 47 6 A JAPANESE-ITALIAN CONSORTIUM, MitsubishiTransfield, has won a As 2 billion (552.74 billion) contract to build and operate a coal-fired power station in Western Australia. The State Energy Commission announced on Monday that the station would be at Collie, 120 km south of Perth.
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      • 61 6 THE INTERNATIONAL FINANCE Co has provided a US$B3 million (Ssl47 million) loan facility to PT Argo Pantes, one of Indonesia's largest textile companies. The US$3O million from IFCs own account and US$53 million in syndicated loans are to be used to expand the company's spinning
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      • 101 6 THE MAJORITY of the immediate problems concerning 1<&1 Thai sugar supply contracts on the book of failed Lqpdon trade house Woodhouse, Drake and Carey have been resolved, a company source said. A team consisting of a representative of liquidators Cork Gulley, a lawyer and a Woodhouse
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    • 542 6 THE PTT Exploration Production Co Ltd (PTTEP), a wholly-owned subsidiary of the Petroleum Authority of Thailand, is planning petroleum exploration and production in the offshore area overlapped by Thai, Cambodian and Vietnamese territory as it speeds up its expeditions into regional areas.
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    • 258 6 THE PIT Exploration Production Co Ltd is planning to raise five billion baht (about Ss3so million) from the stock market to fund its expansion in petroleum exploration and production. It will likely be one of the largest public offerings when the company floats its shares
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    • 428 6 Sun Hung Kai to make a bid THE commercial site owned by the ill-fated Hongkong Cable Communications (HKCC) group is to be sold by public auction, with the upset pricc expected to exceed HK$25O million (about Sss7 million), according to the
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    • 264 6 Reuter JRD TATA has retired after 52 years as chairman of Tata Sons, the largest industrial house in India. Mr Tata, 86, was India's first qualified pilot and started Tata Airlines more than half a century ago. The airline became Air India,
      Reuter  -  264 words
  • Page 6 Advertisements
    • 124 6 This Is Just The View From Our Elevator. y A Wt 'M m J lojfe.sf I&aS 29th floor view |M| I r^<|' 18th floor view 3rd floor view If you're impressed with the view from Because our view, (nice as it is) is surpassed But please, don t just take
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  • INTERNATIONAL COMPANY NEWS
    • 270 7 FT SAATCHI and Saatchi, the troubled advertising group which will present proposals for a financial rescue package to shareholders today, has announced a pre-tax loss of £5.2 million (about SSI7 million) for the final quarter of 1990 against pre-tax profits
      FT  -  270 words
    • COMPANY BRIEFS
      • 116 7 AMERICAN EXPRESS, the world's leading credit card company, said on Monday it had taken a small stake in French holiday village concern Club Mediterranee. Club Med director general Serge Trigano said Amex had acquired two per cent of the French concern through share
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      • 86 7 THE SOVIET authorities have approved an application by Japanese trading firm Marubeni Corp to open a representative office in Vladivostok in the Soviet Far East as long as it is staffed only by Soviet citizens, a company spokesman said. Marubeni had wanted to station Japanese staff in
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      • 103 7 THE CHAIRMEN of AT&T and NCR met for several hours on Monday in an effort to negotiate a friendly end to an often bitter takeover battle, but no agreement was announced afterward. No accord was reached on price and no further meeting scheduled. In
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      • 52 7 MERCEDES-BENZ GROUP was cleared on Monday by German legal authorities of an accusation made by Der Spiegel newsmagazine that the group had knowingly supplied Iraq with trucks for hauling Scud missile mobile launch ramps. However, an investigation is continuing of French trailer manufacturer Marrel in connection with the
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    • 240 7 FT SAATCHI and Saatchi seems certain to secure shareholders' approval for its controversial financial rescue package. The plan will be presented to shareholders at extraordinary general meetings in London today. But Saatchi is believed to have secured enough support from proxy votes to
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    • 367 7 JAPAN'S Yaohan Group is planning three more companies covering advertising, trading and clcctrical goods distribution as part of its business expansion in Thailand, according to the Bangkok Post. The group is also planning the opening of one or two more
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    • 207 7 AFP GERMAN CHEMICALS group BASF said on Monday that its pre-tax profit plunged 37 J per cent last year to 2.74 billion Deutschemarks (about Ss3 billion) from 438 billion D-marks in 1989. Sales fell 2.1 per cent to 46.62 billion marks from 47.61 billion marks in 1989,
      AFP  -  207 words
  • Page 7 Advertisements
    • 325 7 AVENUE* PAR K iStfv&nue 32i PR£EHOLD l n the prime district 10 of Bukit other locations islandwide. DCQTUirnniMQ ON Timah/Holland Road comes an There are 3 blocks of 48 familyNO Kto IKILI IUINo UIN exceptional condominium sized maisonettes in 6 different FOREIGNERS Avenue Park. designs, built and staggered i FOR
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 61 8 THE US Resolution Trust Com is expected to sell US$65 billion (SSI 15 billion) in assets from failed savings and loans this year. RTC chairman William Seidman told a press briefing in Washington on Monday that the agency would sell 215 thrifts
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      • 72 8 FACED with severe losses in some of its major overseas subsidiaries, Hongkong and Shanghai Bank is estimated to have transferred only HKS37 million to its inner reserves last year, according to Citicorp Scrimgeour Vickers. The South China Morning Post said this compared with an estimated transfer
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      • 60 8 GUARDIAN Royal Exchange pic will report a pre-tax loss for 1990 tomorrow, say analysts in London, but attention will focus on the dividend. They predict it will follow the pattern of poor results for other UK composite insurers. Pre-tax loss estimates range from £125 million to
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      • 45 8 STANDARD AND POOR'S CORP subsidiary, Australian Ratings, said in Melbourne yesterday that it has lowered its long-term senior debt rating for the ANZ Banking Group Ltd to AA minus from AA. Australian Ratings affirmed the ANZ's short-term commercial paper at AI-plus.
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    • 498 8 THE THAI Finance Ministry is serious about selling Sayam Bank, formerly callcd Asia Trust Bank, and has formed a committee to work out further details, The Nation reported. The committee is headed by Deputy Financc Minister Virabongsa Ramangkura. Mr Virabongsa has hinted
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    • 294 8 AFP IN SPITE OF the pullout of several US brokerage firms, regional brokers are moving into Hongkong's securities market, according to a stock exchange official in the British colony. Francis Yuen, the Hongkong stock exchange's chief executive, conceded in the exchange's latest publication, released on
      AFP  -  294 words
    • 460 8 Bernama CAGAMAS Bhd, the national Malaysian mortgage corporation, has reported a 10 per cent rise in its pre-tax profit to M 524.3 million (SSI 5.6 million) for 1990 from $22.1 million in 1989, despite a slowdown in new purchases of housing loans last year,
      Bernama  -  460 words
    • 253 8 Reuter SOUTH KOREAN insurance companies are seeking to expand overseas business ahead of liberalisation of the domestic market and as part of a globalisation policy. Ministry of Finance officials said yesterday. Ankuk Fire and Marine Insurance, the largest non-life insurance company in
      Reuter  -  253 words
  • Page 8 Advertisements
    • 95 8 BUSINESS IS BACK AND WE'RE BACK IN BUSINESS FROM 04 APRIL There's never been a better time to do business in the Gulf and never a better way to fly there. Every Friday and Sunday Gulf Air leaves Singapore for Bahrain with convenient connections to our other Gulf destinations and
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    • 157 8 MfWIBMB 4 i sXKQB^HI w «r ij THE SPICE OF THAI I MEIIUILI *****1 Food Buffet March 22 31 Authentic Thai treats prepared by chefs specially I<£?t> flown in from the Imperial Hotel Bangkok by Thai International arrive at the River Terrace in spicy buffet style this March. Temptations include
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  • Page 8 Miscellaneous

  • THE REGION 1
    • 459 9 THE Thai Foreign Ministry has put together a blueprint to upgrade bilateral ties between Thailand and Laos that will reduce Laos' security dependence and ideological attachment to Vietnam, The Nation reported over the weekend. The sources, who described the plan as
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    • 387 9 THAI Commerce Minister Amaret Sila-on has approved a new package of textile quota allocation methods which will determine how much supplementary textile quotas will be allocated for each export period and at what time, The Nation: has reported. Moreover, the package, proposed by
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    • 234 9 THAILAND'S ceramics industry has developed from import-substitution into an export-oriented industry. The value of ceramic export rose dramatically from only 229 million baht (SSI 5.9 million) in 1978 to 3.187 billion baht in 1989. The export value was estimated by Bangkok Bank's Research Department
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    • 444 9 Too much, too soon, say critics Reuter THE new Thai government, less than a month old. has pledged to fight a host of economic and social ills, but critics fear it has too much to do and too little time to do it. The military-installed
      Reuter  -  444 words
    • NOTE BOOK
      • 69 10 JAPANESE AMBASSADOR Toshio Goto and Philippine Foreign Secretary Raul Manglapus yesterday signed an agreement in Manila for the 17th yen loan package, consisting of US$93O million (SSI.6S billion) in loans for the cashstrapped Philippines. A press statement said the package included loans for
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      • 93 10 INDONESIA'S soybean production rose by 8.6 per cent last year but imports of the commodity rose by 37 per cent. The official Antara news agency quoted an official of the Agency for the Study and Application of Technology on Monday as saying that soybean production rose
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      • 76 10 THAILAND'S caretaker government is asking Saudi Arabia to reverse its refusal to give thousands of Thai workers visas to return to their old jobs. Thai army-run television on Monday quoted Prime Minister Anand Panyarachun as saying he had asked the Foreign Ministry to negotiate with Riyadh
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      • 79 10 FACTORIES in Malacca have lost more than Mslo million (556.4 million) as a result of the water crisis in the state and they may seek compensation from the relevant authorities to case their burden. A spokesman for the Malacca branch of the Federation of Malaysian
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      • 82 10 JOHOR has decided to reduce its logging area quota from hectares, approved by the National Forestry Council, to just 4,312 hectares with immediate effect. Menteri Besar Tan Sri Muhyiddin Yassin said on Monday that the reduction did not mean that the state's forest reserves
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      • 64 10 PURCHASES of fighter aircraft and naval vessels by Indonesia, Singapore, Malaysia and Thailand are eroding Australia's advantage in military technology, an Australian air force conference in Canberra was told on Monday. Des Ball, head of strategic and defence studies at the Australian National University, said a
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    • 439 10  -  Attention on hotels and historical charm From James Shyong In PENANG PENANG needs more twoand three-star hotels and is also looking for entrepreneurs keen on converting heritage houses and colonial mansions into thriving hotels. Madam Kee Phaik Cheen, chairman of the Penang state government's committee
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    • 386 10 Reuter THE WORLD BANK is financing a study to determine how the Philippines can best cope with an impending shortage in oil refining capacity, Manuel Estrella, president of the state-owned Philippine National Oil Co Said. "The industry forecast is that eventually we will
      Reuter  -  386 words
    • 316 10 Bernama WITH seven major players in Malaysia's cement industry, producers are concerned with an over-capacity situation arising when the ccono*my starts to contract, a local securities firm has said Apex Securities Sdn Bhd. in an analysis of Malayan Cement Bhd, said
      Bernama  -  316 words
    • 264 10 Bernama AP VIETNAM is offering wide opportunities to Malaysian businessmen. Deputy Prime Minister Abdul Cihafar Haba said yesterday Me added that although existing trade between the two countries was still small, there was great potential in Vietnam which has a popula tion of"
      Bernama; AP  -  264 words
    • 199 10 Bernama MAI.AYSIA's International Trade and Industrv Minister I)atuk Seri Kafidah Ariz said she was beginning to doubt if there reallv was a shortage of steel in the country as no application had been made so far for permits since the government allowed three
      Bernama  -  199 words
  • Page 9 Advertisements

  • Page 10 Advertisements
    • 140 10 FOR SALE BY TENDER Milton pari^ BOWRAL, NEW SOUTH WALES, AUSTRALIA 1\ "Australia's premier convention destination." Championship 36 hole golf course under construction. Nestled in 870 acres of forest and parkland the Estate features: The Hotel accredited by the prestigious Relais et Chateuax Group as one of the top 50
      140 words
    • 294 10 Secure Your Share Of A Growing Automation Maricet! The 2nd Asia-Pacific Industrial Automation Exhibition Conference The 2nd presentation of machinery and automated systems for industrial application in Asian manufacturing and production facilities. 20 23 May 1992 World Trade Centre* Singapore The current dynamic over 151 specialist companindustrial expansion in S.E.
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  • THE WORLD
    • 616 11 Possibility hinges on accounting and allied pledges AP THE US could turn a profit on the Gulf war if allied pledges arc paid in full and the war's costs are determined by a strict standard, say American congressional budget analysts.
      AP  -  616 words
    • 525 11 FT THE IDEAL of regional integration came closer yesterday in the capital of Paraguay as the presidents of Brazil, Argentina, Uruguay and Paraguay sign the Treaty of Asuncion, committing themselves to the formation of a tariff-free common market by the end
      FT  -  525 words
    • 276 11 AP THE United Nations warned on Monday that because of the Gulf crisis the world could face a new energy crisis in a few years because of increasing demand for oil without increasing production. "With increasing oil demand and no adequate
      AP  -  276 words
    • 393 11 Agencies BRITAIN reported sharply improved trade figures on Monday but financial analysts said the underlying trend might not be as bright as the numbers suggested. The government's Central Statistical Officc (CSO) said the balance of payments current account deficit dropped to £192 million
      Agencies  -  393 words
    • WORLD WATCH
      • 70 11 FRAUD cost the European Community (EC) an official 227 million European Currency Units (US$2B2 million) last year, the ECs executive commission has said. This represented 0.41 per cent of the total budget, although it is often said that the real figure, including
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      • 72 11 CHINA, which has no diplomatic relations with South Korea, has appointed its first trade representative to Seoul, the Beijing-funded China News Service said on Monday. Xu Dayou, vice-chairman of China's Chamber of International Commerce, left for Seoul on Monday to head a representative trade office.
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      • 87 11 SALES of existing homes shot up 7.9 per cent in February, the first increase since October and the biggest in nearly five years, giving private economists hope that a housing rebound may be heralding the end of the US recession. The National Association
        87 words
      • 58 11 ANTI-NUCLEAR groups have presented the Japanese government with petitions signed by 56,976 people demanding that 17 nuclear power plants be shut down following Japan's worst nuclear accident, officials said Tuesday. The accident last month at the Mihama plant and subsequent problems at three other nuclear facilities have
        58 words
      • 74 11 SOUTH KOREANS chose local council members for the first time in 30 years yesterday, but the novelty of the polls failed to draw voters disgusted by recurrent political corruption. Election officials said by early afternoon the turnout was running far below that of the
        74 words
  • Page 11 Advertisements
    • 116 11 lAMTEK ENGINEERING LTD (Incorporated In the Republic of Singapore) NOTICE OF CLOSURE OF BOOKS NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members of the Company will be closed from 18th April 1991 to 25th April 1991 both dates inclusive, for the preparation of dividend warrants. Duly
      116 words
    • 844 11 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1990 The Board of Directors of Harimau Investments Limited wishes to announce the audited results of the Group and the Company for the year ended 31 December 1990IMO 19M lncmn/(Oicwwi) COMPANY GROUP COMPANY
      844 words

  • 550 12 EDITORIAL THAILAND'S decision to clamp down on sex tours comes as a pleasant surprise. In spite of the richness of its history and culture, it has been long since a holiday in Thailand has not been associated with easy access to cheap and abundant sleaze. This
    550 words
  • WHAT THE OTHERS SAY
    • 209 12 EIGHT months into monetary union and six months into political union, one in three east Germans are out of work. Street demonstrations and stakes are common. Rent increases of up to 300 per cent are possible this August in the eastern half. Ev£ry month, about 15,000 people
      209 words
    • 148 12 SOCCER in Singapore is no more a game for amateurs only. It now involves big money with big sponsors for the big names. Hence, the appointment of former Mr "Tax Man" Hsu Tse-Kwang as the new president of FAS is the right move. With his professional
      148 words
    • 149 12 JAPANESE Prime Minister Toshiki Kaifu said recently that Japan had no choice but to continue building up its military forces. His remarks may appear blunt, but from the point of view of Japan's domestic politics, military build-up and development as a political superpower are established national policies. In
      149 words
  • REGIONAL VIEWPOINTS
    • 137 12 IT is clcar there is an urgent need for the government to act decisively in resolving the chronic traffic problems in Bangkok which have contributed to enormous energy wastage, the administration of Prime Minister Anand Panyarachun appears to have taken the first right move by deciding
      137 words
    • 148 12 PRIVATE multinational firms, the United States and key Western allies, in the anti-Saddam Hussein coalition have, with the help of their governments, quickly cashed in on lucrative reconstruction projects, leaving little room for non-coalition member countries to try to squeeze in. Unfortunately, the Thai ambassador to
      148 words
    • 184 12 EVEN with the Bill of Rights only months away, the government has preserved the death penalty, although its commutation to life imprisonment has been a matter of formality for nearly a quarter century. The fear is not over whether the Hongkong government would abuse its powers, but
      184 words
  • 1003 12 Beijing has recently granted Moscow a 'favourable commodity loan' worth US$733 million. What lies behind this aid for the Soviet Union? The Economist THE irony must be bitter to the diehards of the Kremlin, and correspondingly sweet to the gerontocrats in Beijing. Forty years
    The Economist  -  1,003 words
  • Page 12 Advertisements
    • 415 12 i I a I The 7th Asia-Pacific Petroleum Conference V The Premier Meeting Place for the Oil Industry... 23 25 September 1991 Raffles City Convention Centre, Singapore POST-GULF CRISIS: THE NEW ORDER As the world enters the post gulf crisis period, the spotlight remains on the oil industry. What are
      415 words
  • Page 12 Miscellaneous
    • 65 12 DOONESBURV by garry trupeau INADPfITON TOR&HJSiNGTO AD- NOT TO MY M GOODSVmNG.H&&JN 11 MANY MORS FCR&GN JOURNAL- ROLAND* ROLAND. KNOUIWGt 1 KUWAIT, FRE&CM OF SP&CH 1 /575, THB GWWNM&fT /S TRY/N6 P£T£R HA&YOU W/,DO& 1 HAsgecoMe THE LATEST TO ATTRIT TH£&USTIN6 PR£&? Ht#e ftS, gssy CNN HAVE CASUALTY IN A
      65 words

  • ANALYSIS
    • 1111 13  -  In July 1989, Yeo Hiap Seng and Temasek Holdings jointly acquired Chun King for US$52 million. Recently, rumours have been circulating that Temasek wanted to sell its stake to YHS. Chuang Peck Ming reports Chuang Peck Ming THREE weeks ago, the
      1,111 words
    • 1260 13 Taiwan is to spend US$3O3 billion over the next six years to improve its infrastructure. This may mean plum contracts for many overseas companies WITH cash reserves at US$75 billion (S$ 132.8 billion), Taiwan boasts the sec-ond-richest treasury in the world, after Japan. But you'd never
      1,260 words
  • Page 13 Advertisements
    • 329 13 Business Opportunities Abound Microelectronics Malaysia'9l 23 26 July 1991 Putra World Trade Centre Kuala Lumpur Malaysia (Held concurrenUy with Internepcon/Semiconductor International Malaysia '91) The Ist presentation of the latest in electronic If you are an electronics manufacturer, supplier or components, sub-assemblies, parts, tools dies, distributor, Microelectronics Malaysia '91 will help
      329 words

  • FOCUS
    • 678 14  -  Third World nations, impressed by US victory over Iraq, are already scouting around for increasingly sophisticated weaponry. Michael Wines reports on a worrying trend Michael Wines NYT THE thrashing that the West's military forces gave President Saddam Hussein of Iraq this year has whetted the
      NYT  -  678 words
    • 737 14 NYT SYRIA, Egypt, Iraq and Turkey each have more main battle tanks than Britain or France. Syria, Iraq and Egypt each fly nearly as many combat aircraft as Germany or France or Britain. Egypt, Iran, Iraq, Kuwait, Libya, Saudi Arabia and Syria have purchased
      NYT  -  737 words
  • Page 14 Advertisements
    • 89 14 Qantas offers more flights to Australia than all other airlines put togeth^k S V,V»VI ■L|i '^Mfei-^^M^^^^^BBi If you were to put ALL other airlines together, they would still not have as many flights to Australia as Qantas. And because we have more flights, you have a greater choice. A greater
      89 words
    • 154 14 rill Office units with areas ranging I HP from 1,400 sq ft to 29,000 aq ft 1 IJL\J at attractive rentals. a "I i The Adelpht is right in the heart of the /-J/-v l-i/\L-*city, within walking distance of the /ml I I I financial district, major office buildings I
      154 words

  • SPORTS
    • 366 15 AP HE HAD WON golf championships in Hongkong, Madrid, Kenya and Zambia, yet lan Woosnam was missing something on his resume. Not anymore. With his playoff victory in the USFG Classic in New Orleans on Sunday, the Welshman added his first Professional
      AP  -  366 words
    • 295 15 AP DIEGO MARADONA looks set to join the Argentine team in today's friendly game against Brazil and to trigger another major discipline problem with his Naples club. A spokesman for Napoli said on Monday that the player is not entitled to
      AP  -  295 words
    • 306 15  -  By Cassandra How THE main sponsor of the Singapore Women's Tennis Open, DHL International, has not replaced its sponsorship of a major sports event with another for 1991. Instead. the company will be looking into the performing arts for part of its massive U*****,000
      306 words
    • 298 15 AFP WITH the shadow of the Gulf War cleared, the world's two most improved tennis players, Guy Forget and Jim Courier, get their chance to shine in the Davis Cup this weekend. Forget, a Frenchman, and Courier of the
      AFP  -  298 words
    • SIDE LINES
      • 106 15 PROFESSIONAL cycle racers will not have to wear protective headgear under an agreement made with an International Cycling Union commission in Geneva on Monday to end disruptive protests at several races. Riders went on strike, or refused to wear helmets to protest against a
        106 words
      • 89 15 SOUTH AFRICAN President F W De Klerk told a high-level Olympic delegation in Cape Town on Monday that his country now deserved re-admission to the international sports arena. "I hope that any stumbling blocks remaining will be removed as a result of this delegation's
        89 words
      • 89 15 EUROPEAN soccer chief Lennart Johansson said in Zurich on Monday that he expected Liverpool to be back in European club competition next season. Johansson, president of the European Football Union (UEFA), said he expected the UEFA executive committee to bring the English champions back into
        89 words
      • 79 15 ALPINE skiing's World Cup season ended in shambles this weekend as the Americans threatened to set up a rival circuit. The United States Ski Association chief executive Howard Peterson has joined forces with the equipment makers pressing for a say in what goes on. The flashpoint
        79 words
      • 64 15 SERGEI BUBKA, the Soviet pole vaulter who has made a habit of breaking world records, could clear 6.20 metres by the end of the year, French vaulter Philippe Collet said. "It looks like nothing can stop him," said Collet, organiser of Saturday's Grenoble event where
        64 words
      • 72 15 MIKE TYSON and Razor Ruddock will meet in a re-match of their controversial fight in June at the Mirage Hotel in Las Vegas, promoter Don King announced in New York on Monday. The date is expected to be either June 22, 28 or 29. Tyson won a disputed
        72 words
  • Page 15 Advertisements

  • Page 16 Advertisements
    • 663 16 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 5.00 PM. HAPPY HOUR fir DJ MUSIC: 8.00 PM TO 8 .30 PM. BAND PERFORMS FROM 9.00 PM TO 2.00 AM.
      663 words
    • 297 16 1 I Luiuh Noon 2 pni 1" <"pn. fe| Adult: 36++ Adult: $45+ Child below 10: $18++ Child Mow 10: $23+ We serve the world to you Jt The Belvedere. I wan jS m OMmfamWGKnwcrf u _B ktl»tn<itiNif<a»tnrv I />* V 11) Orchard Road Singapore (W2l Tel *****11 I H.
      297 words
  • Page 16 Miscellaneous
    • 676 16 TELEVISION AND RADIO Pterin no with &S&W OldVlllU Willi kjdUUdlll 7.0t AM CUM hrtaniattMul (L). J* J2 SSZS BBC, 89.9 mHi ill VMF Band B g?!: ?3i SSmTT 7:23 Maghr* Pr«y«r Can. 7.10 m. 9.25 M. ÜBp* MBp* PM CNN lirtenuttanal (L). 7.50 Newswatch. 7.25 The Real Ghostbusters (C ar-
      676 words

  • LIFESTYLE
    • 708 17  -  Claire Leow laments the attitude and behaviour of local censors and audiences at the current International Film Festival Claire Leow They say bad luck comes in threes. By that token, the Singapore International Film Festival, which started over the weekend, was duly if unceremoniously baptised.
      708 words
    • 571 17 Reuter Dances with Wolves, a western about a cavalry officer who found his identity among the Sioux Indians, swept Hollywood's Oscars in Los Angeles on Monday night taking seven awards including best picture and best director. British actor Jeremy Irons and a leading American
      Reuter  -  571 words
    • 409 17 CHATTERBOX CLARENCE Leo Fender, inventor of the Stratocaster electric guitar that blazed music trails in the hands of rock stars from Buddy Holly to Jimi Hendrix, Keith Richards and Eddie Van Halen, has died. Fender, 82, was found unconscious in his home in Fullerton, California
      409 words
  • Page 17 Advertisements
    • 260 17 AND ENTERTAIN A Yen For Fresh Japanese Food. ij ijjHEB h| t* I LUNCH: 12 NOON I TO 2 15PM I DINNER: 6.30PM TO E= 10.15PM EE PRICES SUBJECT TO 10* SERVICE CHARGE AND ■■■■■i 4% cess. Unkai flies in fresh ingredients daily from Japan. To give you nothing less
      260 words
    • 244 17 j The freshest, liveliest seafood place in town. You'll have to go a long way to find seafood «dC any fresher. Lunch: 12 noon 2.30 pm. '9* Except Sunday Dinner: 6.30pm 11.00pm. ....00. THE SEAFOOD PLACE LEVEL i THE PAN PACIFIC MOTEL SINGAPORE MARINA SQUARE. 7 RAFFLES BOULEVARD SINGAPORE 010*
      244 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3682 18  -  By William Chia THE Singapore stock market went through a further phase of consolidation yesterday as share prices fell on profit-taking in moderate trading. Brokers said investors preferred to cash in gains, rather than risk seeing prices drift lower. The key Straits Times Industrials
      3,682 words

  • 4182 19 Main Board SPH Foreign 1150 20 +1.8% 1CB 515 +15 +3.0% SIA Foreign 1750 +10 +0.6% Semb Maritime 474 +10 2.2% Suiuhine Allied 472 +10 2.2% UOB Wt 318 +8 +2.6% Singmarine 50* 500 +6 +1.2% Odd Coin 314 +6 +1.9% UOB Foreign 695 5
    4,182 words

  • BT SHARE INFORMATION SERVICE
    • 104 20 fimnni Data Yaar Croup N«t Nat earnings Uross aaa la prallt/laas (L) par share dividend ('000) (ca«t») Pacific Can Mar 18 Sep 90 $1.450l($531m) —(0 7) Keppel Finance Mar 15 Dec 90 S5.276(S5.169) 58(63) 5(4) VanderHorct Mar 12 Sep 90 $2,451 ($1,902) 4 2(3 3) 1( G Securities
      104 words
    • 602 20 Cmhsm Date Year Creop pre-tax Met earnings Gross MR to prefit/loss (L) per stare dividend COM) (coots) Ambassador Mar 25 Oec 90 $601($738L) 11(-) -(-> AmtekEiw Mar 25 Dec 90 $4,920($4.514) < 6(8 3) 12TE(12TE) Let Kim Tah Maf 25 Dec 90 $1.751($895) 2 2(1 4) 2(1) MSC
      602 words
    • 446 20 Mar 25 United Overseas Bank is the first local bank to issue sponsored Amercian Depositary Receipts (ADRs) in the US. Bank of New York is appointed the depository bank for the sponsored ADRs The ADRs will be traded on the over the counter (OTC) market and quoted on
      446 words
    • 335 20 Camay Date IWf-yMr Crw* pre-tax Interim MM to profit/loss (L) dividend (•000) Imatex Mar 21 Sep 90 M$2.615l($2.021L) SRS Mar 21 Dec 90 $1,769(12.180) -(-> Antah rtdgs Mar 20 Dec 90 M$18.075($14,587) imj Mar 20 Dec 90 $1,131(1905) CI HoW.™ Marl8 Dec 90 M$11.432<M$9 383) 8(-> Pan Pacific
      335 words
    • 1030 20 Current Ex Boofcs Date Total lor Total for payment date dose payable the year last year Amtek £nf 6%TE(I) Apr 11 A«k 17 Apr 26 6%TE 12%TE Ascsn Find US$010(b) War 18 Mat 28 Apr 8 US$010 Anno 5%TE Feb 25 Mar 7 May 15 12 5%TE 25%TE
      1,030 words
    • 454 20 Main Board Last FhB Ywr Company Period Date Year Net EPS fr«s IW nnictd mdni (cwti) <fc proU last year (TOOO) BMT interim ten 10 Jun 91 254? 1500 773 Apolo Fral Feb 16 Dec 90 17*61 Yaohan Final Feb 16 May 90 30 7 30 0 2.551(b)
      454 words
    • 264 20 Company Rights Issue H leonf CrcdK Tww-tor five M$2 00 per share Ei-date Feb 21 Books close Mar 7 Acceptance Payment Apr 19 Kl Industries One Kuala Lumpur Industries Hldgs Bhd share of WJ1 each for seven KLI shares of 50 sen each Rights issue cf one for
      264 words
    • 339 20 Company Rights Issue Nam One-tortwo Mil 00 per stare issue of 40m CumuUtrve Redeemable Preference Shares (CRPS) of MJO 10 each at MSI per share with 10m detachable TS» on the basis of 1 CRPS with 1 TSR for every 4 CRPS Mot One for four M$2 00
      339 words
    • 750 20 BONDS, LOANS WARRANTS CiMpMy Cwih« p«M Cwwrataa tann tar mm artery alara CtC III Be tore 26/4/93 1 warrant plus $309 cash Cauaaay Loan C 11 2/10/19 to 20/10/9* 1 warrant plus SO 77 ca* or 1 warrant pha 50 77 normal amount of loan stock. Chan Nf Rotas Chan
      750 words
    • 148 20 Gtrwral Stcwitiu Investments Ltd: 16th AGM at the Function Room of The Development Bank of Singapore Ltd, 45th Storey, DBS Building, 6 Shenton Way. Singapore 0106 on Thursday, March 28, at Ham. Pacific Cat Investment takings Ltd: 2nd AGM at No 1 Sixth Lok Yang Road. Singapore 2262
      148 words
  • Page 20 Advertisements
    • 472 20 A. OIL&MONEY ASIA THE PACIFIC SINGAPORE, MAY 13 14, 1991 The third annual "Oil Money: Asia the Pacific" conference will take as it's theme "Beyond the Middle East Crisis". The program is designed to assist executives in energy, finance and trading to develop new strategies for the post war environment.
      472 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4242 21 Bernama SHARE PRICES finished broadly lower yesterday as the lack of fresh leads caused market players to move to the sidelines. The KLSE Composite Index fell 2.79 points to 587.98 while the Industrial Index slipped 4.05 points to 1,136.66. Losers far outnumbered
      Bernama  -  4,242 words
  • Page 21 Advertisements
    • 296 21 TEL: *****71/72/73/74/75/76/77 Fax *****82 JT Singapore Press Holdings GROUP COMPANY SECRETARY/ LEGAL ADVISOR SPH is the largest newspaper and magazine publishing group in the region. The 6th largest company listed on the Stock Exchange or Singapore, it consistently achieves impressive financial results. It believes in offering highly competitive remuneration packages
      296 words

  • TOKYO STOCK EXCHANGE
    • 2229 22 Reuter TOKYO STOCKS closed lower in light trade yesterday, unable to hold on to meagre initial gains garnered on the first trading day for delivery in April, the start of the new fiscal year. The US dollar's jump overnight and a slew
      Reuter  -  2,229 words
  • STOCK EXCHANGE OF HONGKONG
    • 2124 22 HONGKONG STOCKS, pared by profit-taking throughout the morning and virtually unchanged in afternoon trade, ended lower in subdued trade yesterday. "Hongkong has been on a major run, so this is just a healthy pullback," a broker said, adding the local bourse might have had
      2,124 words
  • Page 22 Advertisements

  • REGIONAL STOCK MARKETS
    • Aussie stocks higher on strong buying
      • 840 23 STRONG BUYING in blue-chip industrial and resource stocks helped push the Australian share market to a higher close yesterday. But dealers said selling in the last hour reversed some of the gains made earlier in the day. The All Ordinaries index finished 11.4 points higher at 1,437.0. "It was
        840 words
      • 82 23 CkM Pmtan March 26 SYDNEY All Ordinaries Index 1,437.0 1,425.6 +11.4 All Industrials Index 2,216.3 2,202.6 +13.7 All Resources Index 840.0 830.7 9.3 Turnover (million) 82.15 82.39 -0.24 BftnCltOK SET Index 860.18 876.08 -15.9 Turnover (million baht) 3,500 3,800 -300 JAKARTA Composite Index 403.23 405.58 +2.35 MATH LA Composite Index
        82 words
      • 1175 23 A SCRAMBLE for shares in real estate conglomerate Ayala Corp triggered a buying binge for Philippine selected blue chips and other issues yesterday. Interest in Ayala shares was boosted by reports that a subsidiary, Ayala Lands Inc, was planning to offer shares through the stock exchanges. The Manila Stock
        1,175 words
      • 838 23 MOST THAI STOCKS ended sharply lower yesterday on profit-taking and in- vestors turning bearish on uncertainty over how far the army would limit activities of state enterprise labour unions. The SET index fell 15.90 points to 860.18 on a 3.5 billion baht turnover. Bangkok Bank was unchanged at 377,
        838 words
      • 288 23 A LOWER New Zealand dollar helped dual-listed stocks in afternoon trade to take the New Zealand share market sharply higher at yesterday's close. The local dollar's weakness against the Australian dollar in particular helped buying interest in several leading stocks, brokers said. The Kiwi dollar eased to nearly
        288 words
      • 487 23 TAIWANESE STOCKS closed slightly higher yesterday after fluctuating narrowly in very heavy turnover. The weighted index repeatedly failed to break decisively through resistance at 4,900 points and finished at 4,880.76, up 60 points from Monday's close. Turnover shot up to NT572.7 billion from NTS 54.2 billion. Dealers said an
        487 words
      • 384 23 In local currency In S$ In US$ day year day year day year MAW 2S Index change change change change change change World 405 5 0.3 13.2 -0.3 11.4 -0.4 9 4 $EAFE 535.9 -0 2 140 -10 10.2 -I.I 8.2 Europe 417.6 -04 14 6 -1.5 5.8 -1.6 3.9
        384 words
      • 658 23 BROKERS could find little to say about trading on Jakarta's slothful stock exchange yesterday. Small price rises on small quantities of traded stocks pulled the official index up 2.35 points to 403.23. Interest in cigarette firm Gudang Garam dwarfed business in other stocks, with 211,000 shares traded on the
        658 words
      • 94 23 Reuter BOMBAY SHARES ended broadly higher yesterday on sustained buying from state-owned investment houses intent on pushing up prices so they could end the financial year with impressivelooking portfolios. The value of mutual fund investments are calculated on prices on the last day of the financial year. The Bombay
        Reuter  -  94 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • Wall St turnover hits a two-month low
      • Article, Illustration
        1237 24 WALL STREET stocks finished a docile session with a modest advance yesterday, as investors, smarting from a series of earnings disappointments, kept purchases light. Turnover was the slowest in about two months. Small stocks, led by a rebound in technology issues, managed to outpace most blue chips with
        1,237 words
      • Article, Illustration
        684 24 SHARE PRICES on the London Stock Exchange fell on Monday in light, uneventful trading. The broad-based Financial Times-Stock Exchange 100-share index ended down 8.6 points, or 0.35 per cent, at 2,431.9. The narrower Financial Times 30share index was down 13.5 points at 1,930.5. Volume at 1630 GMT, the latest
        684 words
      • 205 24 FRENCH SHARE prices began slightly lower in extremely thin trade yesterday, with hopes of lower French interest rates all but evaporated and little corporate news to catch the market's attention, dealers said. The CAC-40 index started at 1,767.62, down 5.93 points from Monday's close, and drifted to stand 2.31
        205 words
      • 299 24 DUTCH SHARES opened slightly higher yesterday in thin trading helped by continued firmness of the US dollar. By 0935 GMT, the CBS tendency index was up 0.4 point at 94.4. International stocks advanced most and led the way for modest gains in second line issues. "Sentiment is positive, but
        299 words
      • 81 24 March 25 Out Pmlwn NEW YORK Dow Jones 2,865 84 2,858 91 +6.93 NYSE Financial 144.53 142.59 +1.94 SAP 500 369.83 367.48 2.35 Turnover (million) 153.9 160.9 -7.0 LONDON Financial Times 30 1,930.5 1.944.0 -13.5 FTSE 100 2,431.9 2,440.5 -8.6 Turnover (million) 401.5 523.4 >121.9 AMSTERDAM CBS Tendency Index 94.0
        81 words
      • 148 24 BELGIAN SHARES opened mixed in moderate trading yesterday following the rise in the US dollar and the small gain on Wall Street. The Bel 20 real-time index was quoted at 1,184.35 at 0937 GMT, slightly higher than Monday's close of 1,184.11. Fifteen shares rose, 14 fell and 11 were
        148 words
      • 152 24 UNCERTAINTY about the survival of the five-party government coalition triggered selling pressure and Italian stocks closed sharply lower in nervous trading on Monday. The MIB share index dropped 1.33 per cent to close at 1,116. "Nervousness about the outcome of the meeting between the president and prime minister discouraged
        152 words
      • 313 24 SWISS SHARES traded around Monday's closing levels at midsession yesterday. Traders said volume was light as the market lacked fresh factors and investors did not want to open new posi- tions ahead of the Easter holidays which also mark the end of the first quarter. "Volume is low because
        313 words
      • 75 24 PRICES on the Stockholm bourse fell slightly in slow early trade yesterday following declines on foreign markets, with many investors absent ahead of the long Easter weekend. By mid-moming, the bourse general index had softened 0.36 per cent to 1,073.10 in low turnover of 66 million crowns. Blue chips
        75 words
      • 374 24 DEPRESSED mining shares led the Johannesburg stock market lower on Monday, although industrials held steady in a market searching for fresh incentives. A weekend statement by Chamber of Mines president Give Knobbs, saying that South Africa's mining industry was in its worst financial crisis since gold was first discovered
        374 words
      • 220 24 GERMAN SHARE PRICES opened lower yesterday after sliding early in the pre-bourse session on selling by foreign investors worried about political and economic developments in Germany. Dealers said concerns about the problems in eastern Germany, reflected in the continuing decline of the mark on the currency markets, was prompting
        220 words
      • 445 24 Reuter TORONTO STOCKS closed flat in listless trade on Monday after recovering from early losses on surging Canadian bond prices. The short week before the Easter holiday and a lack of news kept many players on the sidelines. The composite index rose 2.78 to 3,459.82. Declines led advances 301
        Reuter  -  445 words
      • 43 24 Vienna MAR 25 Asch Akg Holding 4710 +110 E Allgem (Pref) 3940 10 Jungbunzl ***** 450 Laenderbank (Pref 644 14 Lenzing 1510 -6 Lcykam 478 3 Montana Oesterr Brau 4250 50 Sempent 133 +3 Stcyr 407 +2 Veitscher 755 5 Source: Austrian Laenderbank
        43 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1214 25 REPORTS ASIA TOKYO: The US dollar ended down against the yen after Bank of Japan (BOJ) intervention, but up against the mark as worries about the fate of the German economy persist. Profit-taking pushed the dollar down from earlier
      1,214 words
    • 436 25 Cross rates Mar 26 USS SS MS Dm Yon i SKr AS N/$ USS 1.7780 2.7580 ***** 139.10 0.5709 1.4325 I 2987 1.7036 SS 0 5624 1.5512 0.9460 0.7823 0 3211 0.8057 0.7304 0.9581 MS 0.3626 64 47 0.6099 0.5044 0.2070 0 5194 0.4709 0 6177 Dm
      436 words
    • 584 25 Interbank rates S$ Hid Offer Overnight 3 1/2 3 3/4 1-month 4 5/16 4 7/16 2-month 4 7/16 4 9/16 3-month 4 1/2 4 5/8 Overnight mode: 4-1/16 ISS Hid Offer 7 days 6 11/16 6 13/16 1 month 6 3/8 6 1/2 2 months 6 5/16 6
      584 words
    • 577 25 Reuter INTERBANK trading in the Kuwaiti dinar is unlikely to resume for some weeks, despite the fact that the government began issuing new currency last Sunday at par with that looted by the Iraqi army, dealers say. "There's no sign of any interbank
      Reuter  -  577 words
    • 1180 25 SIMEX EUKOOOUAK Open High Low Sett Est Vol Op/Int Vol Jun 91 93.38 93J9 93J6 93J7 ***** ***** 4305 Sep 91 93.09 93 09 93.07 93.08 2025 6267 1824 Dec 91 92.58 92.59 92.57 92.58 620 8699 404 Mar 92 92.38 92.40 92.38 92.38 275 4766 141 Jun
      1,180 words

  • COMMODITIES
    • 521 26 Reuter THE Soviet Union will shortly launch a new commodities exchange intended to be the foundation of a new economic trading order among its republics and to support the rouble with hard raw materials. "Traditional trading links are breaking up in the USSR and
      Reuter  -  521 words
    • 216 26 Bernama MALAYSIA is to set up a timber industry development eouneil, basically a private sector organisation, as it feels a need for proper management and maintenance of forests to ensure adequate, permanent supply for downstream activities. Announcing the formation of a pro-tcm committee for
      Bernama  -  216 words
    • 828 26 REPORTS THE PRICE of tin slipped a sen to M$ 14.81 per kg on the Kuala Lumpur Tin Market yesterday in line with the lower London Metal Exchange overnight. Dealers said the metal fell US$l5 per tonne on the LME but modest support
      828 words
  • 1539 26 Rubber Mar 26 RAS jM ill bales) Sccnis/kg Nihhi (lose lilt I KSS Prompt l4l.MVI42.StN 141 541/142 5<>N Int I KSS Apr 91 I4.1.S4VI44.00 I4.1.S4VI44.00 Int I KSS M.iv 146.54V147.04) 146.54VI47 <M) lut 2 KSS <M* I42.II«I/I44.«II»M 142 01VI44 OON Int I KSS 4>P I.17.54VI.W.54»N I .17.54VI W.50N Inl
    1,539 words
  • Page 26 Advertisements
    • 654 26 NOTICES UNITED INDUSTRIAL CORPORATION LTD (Incorporated In the Republic ol Singapore) LOST SHARE CERTIFICATES Applications have been made to the Directors of the abovenamed company to issue duplicate share certificates in place of the following share certificates which have been reported lost or destroyed N*ef*arae Clllcrtw Ni. Name iHlWmc> *****3
      654 words
    • 174 26 A L VAN BEEK (SINGAPORE) PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 50 the Final Meeting of Members of the Company will be held on Monday 29th April.
      174 words
    • 11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • 1083 27 Crt > Flight ETA Flight ETD AbwDhshl GA895 1225 AdaMda QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Mh—» QA471 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Bandar S«rl BI421 1105 SQ182 0915 Ba(awan SQJ81 1410 BI422 1205
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  • THE TRAVEL PAGE
    • 740 27  -  POSTCARD FROM SEATTLE By David Pilling There are those in Seattle who whoop with satisfaction every time it rains. They become positively euphoric when the sky turns to seagull grey and forms an invisible seal with the silvery waters around. When storms whip in from
      740 words
    • 160 27 As at 3pm yesterday: I .ocaI dollars to one unit of foreign currency Currencies Hid Offer Australian dollar I 3620 1.3820 Canadian dollar 1.5140 1.3240 NZ dollar 1.035 1.0650 Sterling pound 3.0*) 3.1200 IJS dollar 1.7730 1.7830 I ix'ul dollars to 100 units of foreign current') Austrian
      160 words
    • 75 27 Duration Title Venue Organiser Tel Duration Title Venue Otfanuer Td April International Budapest. HUNGEXPO ********** April Expo-Optica Spain IFF.MN ********** 9.12 Exhibition of Hungary Agricultural April 17th International Centro Fundackm El (541)*****25 Ma 5-22 Book Fair Municipal de l,bro jSSSm Exhibition Exposiciones, Buenos Aires April XVI International
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  • Page 27 Advertisements
    • 38 27 Johan, fly Finnair if you're going to Stockholm Swede home. Because Finnair gets you home at 0755 in the morning or onto over 30 other European destinations. Call *****77 for details. Ve know Europe from start to Finnish.
      38 words
    • 36 27 Boy George is up with, of all people, Indian singing star Asha Bhosle. And Danny DeVito (of the 1988 movie Twins) is turning up as M the Penguin in Batman 11. In The New Paper today
      36 words
  • Page 27 Miscellaneous
    • 199 27 *9°** accents (9) foes to honour (ho cheque 30 Opportunity to try one's |t s reason applied dogmat- (4,2) hand (6) ica "y' Termagants become frosty 31 Poor light makes the head 14 ,l one precisely when on b<)ard swim 9 to halt and look carctully YESTERDAY'S SOLUTION DAWN Apartheid
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    • 210 27 Singapore Outlook: Showers over several areas in the afternoon. Forecast: Maximum temperature 32.7 Assoc humidity 63% Minimum temperature 25.1* C Assoc humidity 91% Hours of sunshine 6.95 Rainfall in mm 12.8 Rainfall this month 30.7 Rainy days this month 4 World forecast Asia-Pacific Hi/I a* Cond. Auckland 26/23 Rain Bangkok.
      210 words
    • 37 27 OMM I OICC S©JT 6*CK A reft OP| 1 vJioe CoP op lEA O»«PISIC£> V_i—— I "V rV C B£€W ON IHC I [I|* V Ron eveg swcf..... C MWH STAMOAMD CO. LTO IMMMI 8387 A cA»
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  • 495 28  -  Mining company reports stunning profit of As3om From Geoffrey Harris in MELBOURNE MALAYSIA Mining Corporation (MMC) will be the major beneficiary of a stunning profit result by Australian gold mining company Plutonic Resources. An exceptional operating performance at the new Plutonic
    495 words
  • 258 28 Reuter A YEAR after greeting Chancellor Helmut Kohl as their saviour from communist drudgery, embittered and jobless East Germans want him to quit as the price for a unification dream turned nightmare. Tens of thousands packed the streets of Leipzig and other cities
    Reuter  -  258 words
  • 227 28 Reuter SOVIET President Mikhail Gorbachev has sent an important signal that he is ready to take up a longstanding territorial dispute with Japan, Tokyo government leaders said yesterday. Such a move could pave the way for resolution of a cold war division that for
    Reuter  -  227 words
  • 337 28 Reuter CHINA'S Finance Minister yesterday disclosed a ballooning budget deficit and warned that it could undermine political stability. Speaking at the annual session of the National People's Congress in Beijing, Wang Bingqian painted a bleak picture of the country's finances, announcing a wider-than-expected
    Reuter  -  337 words
  • 224 28  -  By Carolyn Lim SINGAPORE will remain the regional headquarters for Japanese electronics giant Sony. This assurance was given yesterday by Mr H Takano, managing director of Sony International Singapore. He was responding to BT's queries following reports in Tokyo that Sony's decision to set
    224 words
  • 309 28 NYT NEWS REPORTS that Saddam Hussein had squirreled away billions of dollars in bank accounts around the world reverberated through business and diplomatic communities on Monday. The US Treasury Department was besieged with questions about Saddam's assets. The European publishing company
    NYT  -  309 words
  • 229 28 Reuter COMMUNIST commentators and Moscow's police chief suggested yesterday that radicals could be planning violence in the capital at a rally called for tomorrow in support of Kremlin critic Boris Yeltsin. At the same time, the Soviet Parliament moved to declare that
    Reuter  -  229 words
  • Page 28 Advertisements
    • 13 28 rVICZIFRESCZI —II The Richness Of Leather Handmade To Perfection. COMPONENT PARTS FOR MACHINING
      13 words
    • 66 28 P IS/ItZDF^^SCZI —II The Richness Of Leather Handmade To Perfection I f i A Pillar of Strength A Foundation of Yesterday A Heritage Today Business Hours: Lunch from 11.10 am Dinner from *.)0 pm Open from 10.00 am on Sundays and public holidays. PARAMOUNT CHINESE CUISINE RESTAURANT JO EAST COAST
      66 words

  • Shipping Times
    • 442 29  -  By Rahita Elias PORTS were yesterday urged to change with the times and become one-stop service centres, offering storage and distribution services to their users. Speaking at the opening ceremony of SingaPort'9l held at the Raffles City Convention Centre, Mah Bow Tan,
      442 words
    • 363 29  -  By Dexter Lee WARDLEY Shipping Services, a leading shipbroker in Hongkong, will soon open a branch in London to tap the city's importance as a bulk shipping centre. The new office will be an important link in Wardlcy's shipbroking business which is concentrated
      363 words
    • 288 29 Reuter AUSTRALIA'S Chamber of Commerce and Taiwanese officials have signed an agreement paving the way tor direct air links between the two countries, Australian Foreign Minister Gareth Evans said in Canberra yesterday. The agreement was signed in Taipei on Monday by officials
      Reuter  -  288 words
    • 637 29  -  By Dexter Lee SINGAPORE continues to outdo other Asian countries, especially main rival Hongkong. by providing world class communications, port and warehousing facilities. However, its lead in providing the best service in the freight industry in Asia appears to have wavered somewhat recently,
      637 words
    • 443 29  -  From Shirish Nadkarni in BOMBAY AFTER a gap of over nine years, Indian shipowners arc planning to rccruit fresh hands to be trained as seamen. Both shipowners and seamen's unions have jointly worked out a training scheme which is currently awaiting government approval.
      443 words
    • NEWS SUMMARY
      • 57 29 UNITED AIRLINES said on Monday that it was seeking emergency authority from the US Transportation Department temporarily to operate routes between Miami and London for financially troubled Pan Am Corp. Pan Am acknowledged the move was a sign of a "ne\s level" of
        57 words
      • 49 29 THE Hongkong government is playing up the controversial HKSI27 billion port and airport project as a development centrepiece critical to the territory's plan to become a major international service centre in the Far East. Catherine Ong takes a look at this ambitious project Page 2
        49 words
      • 51 29 US PRESIDENT George Bush listened to the concerns of top US car makers about the impact of the recession and Japanese competition on their hard-pressed industry, but he made no promise to act on the problems, the White House said on Monday. Back
        51 words
      • 38 29 THE St Lawrence Seaway opened for spring yesterday, its earliest opening date in 10 years, amid expectations that higher Canadian grain sales will boost traffic in the 1991 shipping season Back Page
        38 words
    • LOG BOOK
      • 52 30 FORTY conventional warheads from anti-aircraft missiles exploded in a Soviet military freight yard, killing a guard and shattering windows, the Izvestia newspaper said on Monday. The incident occurred on Friday when a warhead exploded and detonated 39 others in the village of Chernogolovka, about 100 km southeast
        52 words
      • 49 30 TOSHIBA CORP said on Monday that it has developed what it claimed to be the world's smallest handheld portable telephone meeting the US Advanced Mobile Phone Service Standard (AMPS). The new phone is 165 mm by 56mm by 18mm and weighs 296 grams, rechargeable battery included.
        49 words
      • 32 30 JAPAN'S NISSAN MOTOR Co Ltd said it would start exporting cars from its British subsidiary to Taiwan yesterday, marking the company's first shipments from Europe to another region.
        32 words
      • 84 30 LUXURY CAR and engineering group Vickers pic warned it may have to make up to 1,850 workers redundant and to close its two factories in northern Britain unless it receives an interim payment from the UK government of up to £10 million and orders
        84 words
      • 66 30 INTERNATIONAL freight forwarder Kuehne and Nagel was bestowed two major awards at the Asian Freight Industry Awards '91. The company was voted "Best Forwarder Multimodal" for the second consecutive year and retained the "Best Forwarder Seafreight" award for the third successive year. The event, organised
        66 words
      • 79 30 CSX CORP's Sea-Land Service Inc subsidiary said its customers are eligible to sign up for MCI Mail, MCI Communications Corp's electronic messaging service, and take advantage of special pricing. Through an agreement with MCI, international shippers can be part of Sea-Land's global electronic mail network. The
        79 words
      • 62 30 A SHIP carrying 44,000 tonnes of Syrian oil is unloading off Jordan's southern Red Sea port of Aqaba, the first Syrian consignment to arrive by sea, the state news agency Petra said on Monday. Jordan began importing petrol and other oil derivatives from Syria two months
        62 words
    • 1159 30  -  Catherine Ong, His Hongkong correspondent, takes a look at the controversial HKSI27 billion port and airport project Catherine Ong THE Hongkong government is playing up the controversial HKSI27 billion port and airport project as a development centrepiece critical to the territory's plan to become a major
      1,159 words
    • 574 30 FREIGHT rates continued to weaken over the past week on dry cargo markets, due notably to a slowdown in activity ahead of the Easter holiday, traders said. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index lost 50 points on the week, finishing at 1.711 points, 69
      574 words
    • 12838 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,838 words
    • SHIPS IN PORT
      • 676 45 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departive Keppd Wharves Kota Akbar E 890 K31 alongside 27 03,1800 Tomoh 1 9 Donam 03-91 103N P3£ PIB 27 03/1900 26 03/1200 29 03/0600 2703/1400 Ocean Razor 75A K34 2803 0600 Sembawang Ais Endeavou 02EB
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      • 1470 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslb SJ-gp Voy No Etfo/Btr Period From To From i r K X lade 40A 27/1700 1 26/1500 26/1659 26.1900 ACX Rose 11 28/2300 1 26/1500 26/1659 26/1900 2 26/1700 27 0659 27/0900 3 27/0700 27/1159 27/1400 I
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      • 263 45 Kuantan Port On the way: berth 1 ml, berth 2 Yue Lu Shan; berth 3: White Hakuyo. Lik lung 2 Tunda Lik Lung 1. berth 4 Sang Thai Neptune Pafcn oi berth outer: nil Palm oi berth nner ml Mneral oi berth: Min Glory. < Service jetty:
        263 words
      • 1219 45 SICiNS of Soviet payment problems, which have emerged in the dry cargo freight market in the past few days, could cause a downturn in both freight rates and futures, operators said on Monday. "I heard of five vessels withdrawn from charter to the Soviets for non-payment of freight,
        1,219 words
    • 668 46 Reuter US PRESIDENT George Bush listened to the concerns of top US car makers about the impact of the recession and Japanese competition on their hard-pressed industry, but he made no promise to act on the problems, the White House said on
      Reuter  -  668 words
    • 496 46 Higher Canadian grain sales expected to boost traffic Reuter THE St Lawrence Seaway opened for spring yesterday, its earliest opening date in 10 years, amid expectations that higher Canadian grain sales will boost traffic in the 1991 shipping season. "We're opening early mainly in
      Reuter  -  496 words
    • 290 46 Reuter UNITED AIRLINES said on Monday that it was seeking emergency authority from the IJS Transportation Department temporarily to operate routes between Miami and London for financially troubled Pan Am Corp. Pan Am acknowledged the move was a sign of a "new level"
      Reuter  -  290 words
  • Page 29 Advertisements
    • 124 29 I nil UNITED EOS LEASING A SERVICES PTE LTD Call Tel: *****13 (15) .i i-ft" i*'~w®j}&■ #^x w H {> ;n ii i -r WgmKBBSm Mfflfe m "/w|m 7 w i .'->♦*•. <.'«♦«'••.;•:• v.':'- V< s" 1 1 V,- Ma: 't v. <; .1 > •r „-.v v. >•.••*>• J
      124 words
    • 27 29 Container Schedule 17 Daily Fretfits 17 Index to Advertisers 3 Shipping Guide 10.11 Ships m Port 17 Singapore Tides D Weather and Sea Conditions 17 Weekly 2
      27 words

  • Page 30 Advertisements
    • 89 30 I FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words

  • Page 31 Advertisements
    • 2338 31 »mmrn JAROINE SHIPPING AGENCIES MIIU 200 Cantonment Road #12 05 Southpomt. Singapore 0208 AIIWWW Tel *****11 TELEX NO RS 241/9 vcrrnv terminatesTH *****18 -220 rCuuoa'l bookings th *****34 258 1 |UiJ A PESAKA JAROINE SHIPPING AGENCIES *»T KEIANG TEL *****18 TELEX MA394/7 MA39/01 HMi PENANG TEL *****4 TELEX NO MA4OO/3
      2,338 words
    • 1238 31 MDEX TO ADVERTISERS Page Col Page Col T Llo\d Brasileiro 12 2 Lloyd Triestino 4 1/2 Luck\Sea»a> 15 3 ABC Contameri.ne 12 Lykes Lines 5 I Accord Group o 1-3 AFS 15 2 M Ahrenkiel Liner 16 3 Alfred C Toepfer 15 5 VI K Frwdg Anns 5 2 Mac-Nels
      1,238 words
    • 2625 31 ■arrant NEXT VESSEL TO WAYPORT MARGRETHE MAERSK V 9104 ETA 2/4/91 Vessel Voy ETA j ETD "Port 'Penang DESTINATIONS Singapore Kelarg Ihis Margfettv# M*fw 9'04 feeder by 4 oeoo hps a'co CFS V 4 23MHRS Uuro OAK LGB MOU MEM AfL MiA CHS BAL PHL NVC MON TOR MARGRHMt MAERSK
      2,625 words

  • Page 32 Advertisements
    • 1350 32 i, j |rottedam/| VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SSB MONTE ROSA 12/312 31/3 17/4 19/4 22/4 23/4 lt[Ol4 KASUGA I 14/112 1/4 21/4 19/4 18/4 ELBE 04/113 4/4 25/4 23/4 22/4 J, ALL WESTBOUND P. BREMEN EXPRESS 02/313 8/4 24/4 26/4 29/4 30/4 MUM ft PUAM
      1,350 words
    • 532 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 31/3 12/4 15/4 20/4 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CALIAO SAN (PERU) ANTONIO SEASPAC I 31/3 3/5 4/5 8/5 9/5 7/5 Agents attb SINGAPORE: 221*011 >
      532 words
    • 1569 32 Ifß3 EMtwuhww** mjmw? REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND F6R EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT EEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUSAN 9104 3 02/04 22/04 23/04 27/04 28*04 29/04 30/04 01/05 02/05 NORASIA SHARJAH 9105-3 10/04 28/04 29/04 03/05 04/05 05/05 06/05
      1,569 words

  • Page 33 Advertisements
    • 2110 33 "•uptnug iuiics, nrunrsaay mtircn c,i mi SjjjS tea mers Maritime Holdings Ltd lU&P&O ■^STRAITS SHJ^ Containers mm ACCEPTS DUE SAILS tfoy Nc Pan ♦Pkl S'poie A% Sou Ant Rot Hl* CARGO LUNA kIAERSH 910« 2403 25dJ 21,03 1 iO4 140« 15,04 IMM n i i. P„,» MORE 3 EXP 0590
      2,110 words
    • 1755 33 TO- USA/PANAMA PM- II g A /PANAMA SP OA* IUB cm FOB SAW *0* NYC NVC NOR SAV C*l LGO OAK SP I CMOtANC VICTOR* If 110 14,4 114 214 H 4 J7« »4 B4 ggyy, y„ HA IW B/l Hi M W 112 20.2 20 3 I SIWGAWI SIMtOR
      1,755 words
    • 400 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS ETA ETA VESSEL VOY SPORE PKL SEKI PINE V In Pt 28 3 HELICIA 8 iS 3 JO 3 COSMO ANGEL 2 3 4 ORANGE MOON 11 14 3 4 TRANS AUTO V 3 4 CHAMPION TRADER 16 10 4 COSMIC
      400 words

  • Page 34 Advertisements
    • 818 34 sbbb CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI/VOY I SPOKE 1 ROAM AOAM H BURG BREMtN ANTWERP SRnMIJAYA.IIWB U/4 13/5 I*s W 28,5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to lnduc«manl Alto accepting cargo to CsMbianca. Port Said. Port Alaiarxtrla Genoa. Trlaala AISO ACCEPTING BOTH CONTAINERS CONVENTIONAI
      818 words
    • 776 34 jfe i$L iEl] HANJIN SHIPPING Olli aay <„ FLLDER VSL SIN LINE HAUL LAX OAH s £?te "T a m rr? m tit™™' ml )\k\ gj 274 si h Sh S3e <>»«, 14 4 2,5 3 b 45 4,5 6 5 7 5 NB T/S AT PUSAN (EXCEPT HJLH 0121
      776 words
    • 1485 34 PKI SGP M<*U use WC PUS MM OSK DG( S*/ TYG LAX CHS BAI NYC LHV ANW Ro* THP HOC PSO C*B PKL SGP E GKOWTM RE Oil 2 111 M 2 4 14 b< <4 10 4 124 13 4 14 4 IS 4 >4 4 Bilo S US
      1,485 words

  • Page 35 Advertisements
    • 2021 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) bcxjkings UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 ItfPMPM CFS: K27 IMPORT: CFS: K27 EXPORT: *****53/*****04 Ml nepune sdn bho Malaysia K.L.-(03) *****33, P. Kelana-(03) *****87, Penang (04) *****0. J
      2,021 words
    • 1150 35 m 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 EASTBOUND LOADING FOR WESTBOUND rtSSUS vOt«G( |SPO«>t If one VOTACI SfOUt PIHANG WUO6 B HAW TIHUHT
      1,150 words

  • Page 36 Advertisements
    • 1873 36 nt* ft nmm V AS AGENTS KAWASAKI SINGAPORE (PTE) LTO ICR No **********0M1 TEL *****77 TELEX KAWAKI RS23I6S FAX *****79 M MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD JHL lb Jk# JKb TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 MM KAWASAKI KISFN KAISH'\ ITD. Indonesia p t sarana
      1,873 words
    • 1280 36 uM PHIU OM€NT UN€5 PT€ LTD 108 ROBINSON ROAO *0/ 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69<*****00 TELEX RS ***** PHIL! FAX *****76 *****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU (/ff MEMBER OI SINGAPORE FREIGHT FORWARDERS ASSOCIATION 31 MAR MONTREAL, OTTAWA. CHARLESTON S
      1,280 words

  • Page 37 Advertisements
    • 1568 37 PACIFIC INTERNATIONAL LINES (PTE) LTD gf flhi P,L Building, 140 Cecil Street *03-00, Singapore 0106. I JAKARTA II BANGKOK 1 ucccci uny CIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 131 29/3 31/3 4/4 INGENUITY 126N 30/3 2/4 6/4 MEKHANIK KURAKO 54N 29/3 31/3 4/4 SEA GLORY DCCC 9;4
      1,568 words
    • 1267 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLANO UK GERMANY/SCAN SWEDEN CGM Pans' 076 30/3 20/4 22/4 Benavon f 1/4 IM 19/4 20/4
      1,267 words
    • 105 37 res' HEY ASIA COSTAISKR SKR VICE I S pore B kok Ingenuity VI26N 30-30 Mar 2-3 Apr Pegasus Progress V66IN 02-03 Apr 05-06 Apr Ingenuity VI27N 06-06 Apr 09-10 Apr Pegasus Progress V662N 09-10 Apr 12-13 Apr General Agents: Tel: *****22 Ben Line Agencies (S) Pte Ltd Fax: *****63 National
      105 words
    • 397 37 M MYANMA I pNk HVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg MTONEYWA V764W 11/2 Apr MYOMAYWA VI34W 3lt Apr 31/2 Apr j I j I THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA
      397 words



  • Page 40 Advertisements
    • 672 40 TO AUSTRALIA/NEW ZEALAND "*il Eni If rem hltlb jSyd Uuck NPt Ip CHAIN TNT EXPRESS 2M 2M 3/5 *5 Hjs Vji I*s 2T5 ELLEN HUOIG 270 lfts IT* 215 Hi It MUSSEL 271 »5 MM Hi m 7l* Wi~ C. VEROLMC 272 106 186 24S 2M 17 1/7 TO USA/CANADA
      672 words
    • 1258 40 EXPORTS TO HONGKONG. TAIWAN JAPAN TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKI PNG 1M STN [HKC KAO KEE TYO SM2 NGO KOB VESSEL VOY SIN PKL PNC BLW SIN ACX ROSE lT JOT "25 3 28 3 4 4 8 4 9 4 10 4 EQUATOR PRIOE 848
      1,258 words
    • 179 40 4«.k P.T. UNITED SHIPPING lof ORGANISATION LTD MpBCV Rt.CUIAH S*RVICf S JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA i SURABAYA Accept MffMi to all ether ports wltfc tTMiUpatat at Jakarta «r Surabaya. w DESTINATION ETA ETD VSL JAKARTA 31/3 1/4 P KALIMANTAN 5/4 6/4 P SUMATERA 9/4 10,4 P JAWA
      179 words
    • 1559 40 t S i£ t S* CHINA OCEAN SHIPPING COMPANY ,0.0. au, L o,HC FUU CONTAINER LINER SERVICE #15 00, SINGAPORE 0207 rARI r rOSTABI INE CR NO 1178/*****0 M CABLE COSTARLINE General Agents: COGTAR SHIPPING PTE LTD TO HONGKONG AND CHINA PROM HONG KONG AND CHINA |~VESSEL VOr SGP HKG
      1,559 words

  • Page 41 Advertisements
    • 1080 41 I, i Vessel PKL PNC P C Loading tor A VESSIL 28 03 Rotterdam! Antwerp CHINA mil CONTAINED SERVICE Vessel SCP PKL BKK HKC QIN SHA f ANCFANGKOU 14/ 02 04 03 04 9/ 04 1/ 04 18 04 YANCFANGKOU 149 03 0") 04 05 MOS 13 05 It 05
      1,080 words
    • 290 41 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) 1 <T\ ETHIOPIAN SHIPPING LINES (Nation JI Lines of Ethiopia) ACCEPriNGIrcrANb CONVENTIONAL VESSEL IVOV I El A I LOADING TOR ISHXiE I ABBAy AOnJ <'«JWB I ill jf)AHt SiAl AAM M'iMftASA DJIBOUTI jA
      290 words
    • 723 41 te_P.T. MASKAPAI PELAYARAN 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 OKUNOZE
      723 words
    • 929 41 SYDNEY/MELBOURNE BANGKOK I VESSEL VOY SPORE SYO Mtt VESSEL |vQY SINGAPORE BANGKOK PLANETA 0447 0243/4 15 16/4 18-20/4 JENLINK «N In Pt 27 3 Sat 30 3 PIYA BHUM 0503 14 15/4 27-29/4 01-03/5 NANTA BHUM 34N In Pt 27/3 Sit 30,3 PLANETA 03-04/5 17-1»5 20-22/5 SIRI BHUM# 478N Sat
      929 words

  • Page 42 Advertisements
    • 1328 42 m. a m mac-nels Singapore EXPORT TEI: *****22 fijpflßT TEL: *****02 11 I ■LJkfli PENANG TEL (04 *****6 KK TEL (088) *****0 TAWAU TEL (089) 1186/9 I I ~l P KELANG TEL (03) *****/7 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I ~|V-/\ -I j BAHRU TEL (0/) *****2
      1,328 words
    • 409 42 IKLW blue star line SINGAPORE TO INEW ZEALAND AND T/S FIJI FULLY CONTAINKRISEI) MC)NTHI7Y SAILINGS DISCHARGING AT NKW PLYMOUTH 8c PORT CHALMKRS ACCKPTINC FCI. LCI. FOR AUCKLAND, NAPIKK, WKLI.INGTON, BLUFF, CHKISTCHURCH. DUNKDIN, LYTTKLTON. INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK LVT PREMIER US 6 Apr It Apr Via NPI
      409 words
    • 1135 42 /351 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES~ SINGAPORE TO WEST MALAYSIA SINGAPORE TO SAB AH VESSEL VOT [ETA JDEST VESSEL T VOT T ETA ToEST _Z!ZZ KIM SOON LI 11/91E
      1,135 words

  • Page 43 Advertisements
    • 891 43 Vfttov COMPANIA PERUANA TOalk DE VAPORES T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/KL/SOC CARGOES TO/FROM CALLAO, MATARANI. ILO* OTHER PERUVIAN PORTS* WITH T;S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Keljng Singapore E Msia KAMALEVERETT 01/03 Apf 04/06 Apf 07 09 Apr THOMASEVERETT 1618 Apr 19/21 Apr KARABIEVERETT
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    • 522 43 VSL VOY SPORE MAINLINER LAX |kST SAV NTC HfX {IN KAOHSIUNG~ IHE 79 3 2IM LIVORNO 4,5 IliS IS|5 17.5 I*s 2« OSAKA 171 M 2M LIVORNO J U S W I's ZIM KOPER 14E 10 4 2IM ITALY IS>5 W5 2// I Jl 5 2IM TRIESTE IJOC 11/4 71"
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    • 744 43 SING KWANG HANGI SHIPPING TRANSPORTATION {Pit) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA MEKHANIK KURAKO V 54N P873 31/3 IJENWEL V 169N |28/3 |31/3 VESSEIT~ Ts PORE T BANGKOK A VESSEL 31/3 3/4 A VESSEL 3/4 6/4 DESTINATIONS ETA SINGAPORE PORT KELANG 29 MAR MANILA 30 MAR HONG KONG.
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    • 583 43 15 PERINTIS LINE 111 I ■■■inn hum i i iii ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASE TIA 157 A 28/03 01/04 JATIDIHI 9P5 30/03 03/04 PHASETIA 159 A 04'04 07/04 JATIDIHI 9?6 06/04 09/10 TANTO UTAMA 151 28/03 31/03 TANTO UTAMA 153
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    • 422 43 UN FAN EAST 31/3 KEELUNG/KAOHSIUNG 31/3 BANGKOK 30/3 MAN ILA/CEBU 30/3 JAKARTA/BELAWAN SURABAYA 30/3 PORT KELANG/PENANG/E. Malaysia 6/4 BUSAN 31/3 TOKYO/YOKO/KOBE/NGO/OSA 2/4 HONG KONG tm CHINA 2/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QiNGDAO HAIKOU also accepting LCL cargo SIN EUROPE/UK 30/3 LDN/FLX/LVP/SOU 30/3 RDM/HAM'ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria Hungary(Roumama Poland/Bulgaria,Czech.
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  • Page 44 Advertisements
    • 678 44 CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAMER/LCL/BREMBULK SERVICE "ANKE" SERVICE JAK SP€ LAC POM T VILLI V23SB M U124 24 4 27/4 1/5 »2458 *5 U/S 25.S »5 26 TAWJUNG BARAIS/4 IS/S BUNKER SURCHARGE TEU USD S3 so B BULK r USO 500 LCL USO ISO Straits
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    • 454 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE PIRAEUS NAPLES GENOA MERSIN TRIESTE ISTANBUL ILYICHEVSK BA VOSCW9I 5/4/91 22/4/91 23/4/91 24/4/91 AN V 04-91W 10/4/91 26/4/91 30/4/91 4.5/91 5/5/91 KVU VO6CW9I 13/4/91 1/5/91 2/5/91 3/5/91 VM V 05-91W 23/4/91 10/5/91 15/5/91 19/5/91 20/5/91 B M T V 07CW91 23/4/91 12/5/91
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    • 545 44 I VESSEL SIN PTL OBN RBV IS'LVER HAPPINESS VOSW 06-04 16/04 21 04 |ALS STRENGTH VO6W 17-04 27 04 02 05 lA' VSL VO7W 03/05 14/05 19 06 24 05 |Acc>pting FCL and ICL tor Johannesburg VESSEL RBV OBN PTL SIN KEE BUS ALS DANAOS VO3E 23/03 28 03 02/04
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    • 524 44 CUII con mvinnmonnfo 1 J LCL/FCL SERVICE FROM tFSLS f fil H iBR CUtt op*" l over 600 termtnsts/offlcM In U.S.A. 1 I I (BnH jflßl m CUM maintains over 35,000 tractors 4 trucks. V I I /«9|\ A CUM mtvm ovar points in UAA. I—l CUM off* raibbi* LCt/FCL
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    • 612 44 SHIPPING CORP. SDN BHD (.AAA* rT KLAUS TEL: 03 3t***** Haul FAX3I7OIM Ijfflt/ PENMfi TEL 04 ***** D SUN TEL Oil? 146(2 Sllu TEL 0(4 31(822 TAHfAU TEL 06»-*****| KK TEL 0M*****0 KUCH TEL 0(2 *****3 MSIA TO USA/CANADA CONTAINER SERVICE FEEDER VOY PEN PKL SIN LA,LBI KST 1 NYC
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  • Page 45 Miscellaneous
    • 467 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 1000 1100 *****300 *****5001(**********1900 *****100 *****300 ft 19 16 14 1 3 1.3 14 1.7 2.1 2.6 2 8 2 7 24 20 1.5 10 0 7 05 05 0 7
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  • Page 46 Advertisements
    • 462 46 CHARTPOINT Every Saturday in Business Times NOTICE N.V. "(ilorla lee" Viy. 7 Arrd Slnnapore 19/3/91 "Tanjunx I'lnaiiK" V*yJK Arrd Singapore 29 3 91 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 28th March 1991 (Thursday) Keppel Wharves
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    • 696 46 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI PIONFFR 39E 30/3 4/4 22,'4 25/4 28/4 27/4 HYUNDAI PIONEER 1W 26,2 1/3 2/3 21 3 30/3 LALANOIA 39E 6/4 11/4 29,4
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    • 572 46 CHARTPOINT Every Saturday in Business Times UK CONTINENT (TRIO) lw c,r Hamburg to Cooenft«fen Aarhus Gothenburg. Ma mo SPOUt Is TOM MBURG B HAVEN R DAM UN Stocthelm HASIiCA 111 11? Ml 114 16 4 IS 4 "otlenum to Antwp Amtrrfljnv Oslo HeHmti wnte rosa i 7 ii 7 Si
      572 words