The Business Times, 28 March 1991

Microfilm: NL17467
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Thursday, March 28, 1991 75*
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  • NEWS SUMMARY
    • Article
      Soviet security forces vow to crush Moscow protest
      63 1 SOVIET security forces armed with water cannon, rubber truncheons and tear gas vowed yesterday to crush a banned anti-government rally outside the Kremlin. Moscow eity officials said hundreds of thousands of protesters were c\peeled to march to Mane/h Square, at the gates
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    • Article
      Tories badly split over poll tax issue
      76 1 BRITAIN'S ruling Conservative Party, which had stood united behind its new leader John Major during the war in the Gulf, is now in turmoil over government plans to scrap the unpopular local poll tax. The row has opened up splits as deep as
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    • Article
      URA verdict for bids
      45 1 THE Urban Redevelopment Authority has accepted an 5.52.9 million bid from Hakuei Co for a site at Boat Quay, but has rejected an offer from Ng Teng Fong's Ming Court Hotel for a site in South Bridge Road/Neil Road Page 2
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    • Article
      Tokyo denies reports
      36 1 TOKYO is denying Japanese newspaper reports that it was planning to offer "a big amount of money" to the So\ict Union in exchange for sovereignty over the four disputed Kurile Islands. Page 10
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    • Article
      Consumers optimistic
      29 1 THE index of consumer confidence in the US rose to 81 in March from 59.4 in February, the biggest leap in more than 20 years Page 11
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    • Article
      Problems in Penang
      34 1 "1 HE anticipated renewed rivalry resulting from the return of Anwar Ibrahim and Ahmad Badawi to the political spotlight is adding to the problems of Penang's new Chief Minister Page 13
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    • Article
      Silver screen soapbox
      23 1 IRISH filmmaker Margow Harkin hopes to turn her movies into political platforms for the troubles of her people Page 15
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    • Article
      More carriers needed
      32 1 MORE FEEDER carriers specialising in the intra-Asia trade are needed to cater to the strong growth of the region, says a senior industry official. Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      27 1 BLUE CHIP stocks opened stronger on Wall Street yesterday. with the Dow Jones industrial average gaining 9.16 points to 2.924.01 five minutes into the session.
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    • Article
      Footsie higher
      35 1 SHARE PRICES were higher on the London Stock Exchange at midday yesterday. The broad-based Financial TimesStock Exchange 100-Share Index was up 27.9 points at 2,465.5 by 1213 GMT. Volume was 362.4 million shares.
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    • Article
      OCBC earnings up
      31 1 EARNINGS at OCBC Group, up 12.1 per cent to about $225 million last year, were boosted by stronger earnings in the second half of the year. Page 3
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    • Article
      Loss for RMCA Re
      36 1 RMCA Reinsurance suffered a loss of $45.99 million for the six months ended Dec 31. and has called for a rights issue to btxist its capital base by $30 million Page 3
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    • Article
      Grand Central record
      24 1 HOTEL Grand Central has turned in a record set of results and has also proposed a one-for-10 bonus issue. Page 4
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    • Article
      Bankers sign accord
      23 1 THE ASSOCIATION of Banks in Singapore and the Mexican Association of Banks signed their first cooperative agreement yesterday. Page 8
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    • Article, Illustration
      STOCK INDICES
      32 1 Wediu'sda) lianuc HT-VKiA 72 l ).56 H.43 Kuala Lumpur 582.60 Hongkong 3.t f M.X2 7 lok\o 26.104.65 -234.73 Sydney 1.436.4 -0.6 lui'sda) lianuc New York 2.9I4K5 f 4^.01 london 2437.6
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SS 1.7795 l(K) Yen SSI.28S3 MS SS0.6444 Money market rates Overnight .*-15/16% +7/16 i 4-9/16 f 1/16
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    • Article
      COMMODITIES
      45 1 London Gold i will* I SS157.10 -I SSO.W Rubber I S'pore Apr... l45.25'/kg *-1.75 M ski Apr 227 f 0.50 KL Tin Turnover 50 tonnes +-10 Spot MSI4 l )5 /kg H). 14 Crude palm oil Turnover 2.215 lots -447 I \pr MS801 /tonne
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  • Article, Illustration
    Fock Siew Wah quits Overseas Union Bank
    692 1  -  Fellow bankers not overly surprised by move By Magdalene Ng VETERAN Banker Fock Siew Wah is stepping down as president and chief executive officer of Overseas Union Bank (OUB). After three years at the helm of the local bank, he wants to look
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  • Article
    NatSteel springs stock split surprise
    511 1  -  By Lilian Ang DIVERSIFIED Nat Steel yesterday sprang a surprise on stockholders by proposing a stock split while announcing, at the same time, healthy results for the vear ended IXx 31, 1990. The exercise, aimed at enhancing the marketability of the company's shares, will effectively
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  • Article
    Lock icon Johor wants to raise water rates
    272 1 Bernama JOMOK toda> served notice on Singapore that it was reviewing its three sen per 4.500 litres of water sale to the Republic under their 1%2 agreement. Mentri Rcsar Tan Sri Haji Muhyiddin Yassin said a clause m the agreement provided for Johor to
    Bernama  -  272 words
  • Article
    NOL group profit takes a 12pc tumble
    461 1  -  By Dexter Lee WEIGHED down by the Gulf crisis in the second half of last year and a stronger Singapore dollar. Neptune Orient Lines (NOL) has suffered its first drop in profitability since the recessionary years of the 80s. For the year ended
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  • Article
    Lock icon US figures a bit better
    65 1 Reuter THE IS econom) shrank at a 1.6 per cent annual rate in the tlnal quarter of 1990. the Commerce Department said yesterday, less than the previously estimated 2 per cent rate. The improvement was partly because of a better trade performance than originallv estimated,
    Reuter  -  65 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      294 1 Cassette Recetver KI FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone 235 1333 Kuala Lumper Phone 75/0?33 Penang Phone bib 985.*****4 Jakarta Phone 3/4 085/380 147? A<i Marketing 16 Money Changer Rates 31 Weather 31 Aircraft Schedule 31 Money Market 29 World News 10.11 Commodities 30 Regional Co News
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      Page 1 Advertisements Column 2
      99 1 Rodenstoch 0 W&00Bm 'IK, .*mKNmß*rr ———^SST OUR BRUNO MAG LI COLLECTION Sol«' SVirlf* M.trkdine I '<) Tel 14 (iv l~ MV»J krf|M(j(MlM|npl«M 10 M rS74io9*HmMn(«jMnu4ol-46TH 7Uf)U (tj*ii O.tik tmni 10 (kkim to R <)D|irn itrm-rs: W'lhpl V. fi.ml •\V Uo W»n>( ii r \tcim !,im;* Su(*-*ist<»r« •N<>m i H.tilcvs Also
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Tangs wins award for best department store
        134 2 RE FAIL GIANT K Tang clinched the Gold Award for best department store at the American Express Service Excellence Wards presentation ceremony yesterday. Giordano (best retail store). Coachman Inn Restaurant (best restaurant) and C ompass Rose at The Westin Stamford (best hotel food
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      • Article
        Comments wanted
        56 2 I HE PUBLIC is invited to make written representations on the Architects Bill, the Professional Engineers Bill and the I and Surveyors Bill to the Select Committee hearing these hills. The closing date for representations is April 13. oples of the bills in English .can be purchased Irom
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      • Article
        April is Care and Share Month
        62 2 I HE COMMUNITY CHEST of Singapore will launch its fourth Care and Share Month in April. The campaign, which is titled "Show them you care, join in and share", is aimed at increasing the public's awareness of the needs of the less fortunate and
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      • Article
        Five millionth visitor to return
        41 2 SINGAPORE'S five millionth visitor, Mrs Tomoko Takahashi, was so impressed with the island she is returning next year with her whole family. The Japanese housewife visited Singapore last December on her second honeymoon with her husband.
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    • Article
      Hakuei of Japan wins Boat Quay site
      318 2  -  Ng Teng Fong fails to secure South Bridge Rd site By Lee Han Shih I HE Urban Redevelopment Authority has accepted an $82.9 million bid from Hakuei Co, a Japanese hotel-and-resort group, for a site at Boat Quay. But the authority has rejected
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    • Article, Illustration
      Restored shophouses in Little India up for sale
      380 2  -  URA tender includes a parcel of land By Salil Tripathi ALTER Chinatown, it is Little India's turn. The Urban Redevelopment Authority yesterday offered for sale 14 units of restored shophouses and a single parcel of land. The shophouses and the parcel of
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    • Article
      Haw Par achieves 56pc rise in after-tax earnings
      357 2  -  By Genevieve Cua HAW PAR Brothers International unveiled a healthy set of results yesterday, boosted by "an exceptionally good year" from associate firm Sony Singapore and higher profits from core operations. Sony's contribution, however. will be markedly reduced from this year as
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      50 2 i Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times WpII Pnnnprtpfl T Y VvUL VJUI IllvvLvVJL* From the moment you step aboard a United jet in Singapore, you're in America. S*%x hassle-free way 10 get to wherever in America For •> ,s-s> i
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  • SINGAPORE – MALAYSIA COMPANY NEWS 1
    • Article, Illustration
      OCBC group earnings up 12.1pc to $225m
      592 3  -  Star performer was the hank itself By Amy Balan OCBC GROUP earnings for I WO rose 12.1 per eent to about $225 million, boosted surprisingly by stronger earnings in the seeond half of the year, a period marred by developments in the Persian
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    • Article, Illustration
      Big MRCB shareholders will emerge
      350 3 MALAYSIAN Resources Corp Bhd (MRCB) can expect to see the emergence of major substantial shareholders in the company after the completion of its capital reduction and debt-conversion exercise. MRCB chairman Wan Azmi Wan Hamzah said it is fair to speculate on the emergence of an
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    • Article
      Flat performance from Pentex
      164 3 LISTED circuit board maker Pentex-Schweizer Circuits showed a Hat performance for the six months ended Dec 31, 1990, but managed an increase in profit because of a tax concession given by the government. For the interim period, group earnings sUxhl at 52.54 million on a turnover
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    • Article
      Lock icon Yayasan to take part in Grand United revamp
      240 3 NST YAYASAN Selangor has emerged as the party that will become involved in the restructuring scheme of Grand United Holdings (GUI I). Intradagang Merchant Bankers announced on behalf of GUI I on Tuesday that a memorandum of understanding was signed between GUI
      NST  -  240 words
    • Article
      Lock icon EON close to acquiring stake in bank, says chairman
      454 3 Bernama EDARAN Otomobil Nasional Bhd is close to acquiring a stake in a commercial bank and a finance company to complement its present activity of distributing Proton Saga cars in Malaysia, chairman fan Sri Jamil Moliamed Jan said yesterday. Lan Sri
      Bernama  -  454 words
    • Article
      RMCA Re calls for rights issue after $46m loss
      340 3  -  By William Chia KMC A REINSURANCE has reported a loss ot $45.99 million for the six months ended Dcc 31, 1990. and ealled for a rights issue to increase its capital base by $30 million. RMCA Re. which released its interim
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    • Article
      ICS group reports first ever net loss
      366 3 THE Insurance Corporation of Singapore (ICS) reported its first-ever net loss, totalling $6.61 million, for 1990. ICS, which posted a group aftertax profit of $16.24 million in 1989, said its results were adversely a fleeted by the performance of its subsidiary. ICS Reinsurance.
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    • COMPANY BRIEFS
      • Article
        Keppel notifies SES of Cebu summons
        84 3 KEPPEL Corporation has notified the Stock Exchange of Singapore of the summons received by Cebu Shipyard Engineering Works Inc (CSEW). a subsidiar> of Keppel Philippines Shipyard, over the damage to the vessel MV Manila City. On Feb 26. CSEW received a court summons filed
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      • Article
        Marco Polo audit committee
        49 3 MOTEL Marco Polo has formed an audit committee in compliance with Section 2018 of the Companies Act, Cap 50. I rank Y C Yung. John T Hung and John M Parker are independent directors who will review and be responsible for the company's financial transactions.
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      • Article
        SBS director resigns
        24 3 I T COL Winston Ee kean Lcng has resigned from the board of directors of Singapore Bus Service, effective March 6.
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      • Article
        Carlsberg's expansion plan
        132 3 CARLSBERCi Brewery Malaysia Bhd has finalised a master plan for the expansion of its brewery in a move to meet future sales growth, both domestically and for exports, its chairman John Madscn said yesterday. Mr Madsen said in his latest annual statement that the expansion would be
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      • Article
        C&C Bintang in land deal
        148 3 CYCLE and Carriage Bintang Bhd proposes to buy a piece of land with a building known as Wisma Yen San in I'etaling Java for MS 18.68 million (SSI 2 million) cash from Asia Motor Co (Kuala Lumpur) Sdn Bhd. Bumiputra Merchant Bankers Bhd said in
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    • Article
      Grand Central buoyant; proposes 1-for-10 bonus
      362 4  -  By Lee Han Shih SMALLISH Hotel Grand Central has turned in a reeord set of profits, a performance far outstripping better known names such as Hotel Plaza, Orchard Parade and the King's Hotel group. Riding on the success, it is proposing a one-for-10 bonus
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    • Article, Illustration
      Hind caps a good year with a $70m revaluation surplus
      356 4 A REVALUATION of the Imperial Motel off River Valley Road has added $70 million to the balanec sheet of its owner. Hind Hotels International. It capped a good set of full-year results which saw Hind's earnings tripled in a year
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    • Article
      CityDev's HK arm incurs HK$10.7m loss
      346 4 C'DL Hotels International, the Hongkong-listed subsidiary of City Developments, went into the red with a bot-tom-line loss of HK510.76 million (552.45 million) in its first full year of operations. The results were largely dragged down by the Grand Hyatt Taipei, whieh reported a net
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      319 3 I'll call vou again tomorrow from th e hotel. i I ANA HOTEL SINGAPORE I., \.,wm I 1.11 S,.on- I "> Con.a- I I It-ll I Vlton mil tr.lv el jfrll! tilt' hotel (lie 1 I .,V Tcl.v \\AIININ KS JISI 7 1,1 <.»')! I.••-'J MVARD^WJN^nMy|Ep The New Zealand Beef
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      870 4 il ~a..1 j i L Mr Calvin Reed at Katong Specidl School, one of the 42 hanties supported by the Community Chest of Singapore ike any other GM, I was a bit apprehensive at first about granting company time tor presentation of the SHARE programme to employees. But to my
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      Page 4 Advertisements Column 2
      187 4 Discover A World Of Exciting New Opportunities At Asia-Pacific's International Showcase For... Rjjfe jrfjp Halls 4 5, 21 -25 May 1991 World Trade Centre Singapore 0 Meet with moo «hcn 350 companies ar d port' patng What You Can See At The Show groups from tt>e Aso Pacific furope and
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      787 5 Our HurtUst CayMuktMs To PRESIDENT MARINE PTE LTD cm tktir suemful kuKduHj cf the hO,OOO WT Product Tmker "ASEAN PRINCESS tt IB* Jf i,,i«WLtr m mt M > \Ca/ i ',jfl hi r&v Bi Vtt /V A I iHI pwjiifMww Unrestricted Service Designer: Conan Wu Associates. Classification: American Bureau of
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Ford Australia plunges A$82.7m into the red
        90 6 FORI) Motor Company of Australia said on Wednesday it plunged A 582.7 million (S$ 114 million) into the red in calendar 1990, while rival Mitsubishi Motors managed a small profit. Ford's result was a sharp turnaround from a net profit of $124.1 million
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      • Article
        BP Australia's profit doubles
        74 6 BP AUSTRALIA Holdings Ltd reported on Tuesday it had more than doubled net profit for the year to Dec 3j, helped by higher oil prices in the wake of Iraq's invasion of Kuwait. BP said net profit rose to A 5202.4 million (***** million) in 1990
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      • Article
        ANI facing legal actions
        110 6 AUSTRALIAN National Industries Ltd (ANI) said on Tuesday it faces legal actions seeking damages of more than As4oo million (Ssssl million) arising from its involvement in the collapsed Spcdley group of companies. ANI, an engineering group controlled by Australia's richest man Kerry Packer, said it would
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      • Article
        News Corp plan approved
        82 6 SHAREHOLDERS in media magnate Rupert Murdoch's News Corp Ltd approved on Tuesday a plan to turn dividends into scrip to case the call on cash reserves. News Corp chairman Richard Searby said he expected a "high proportion" of shareholders to participate in a dividend reinvestment scheme
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    • Article
      Lock icon Cheung Kong to continue buying more land
      269 6 Reuter CHEUNG KONG (Holdings) l td, which announced a 17.1 per cent growth in profits for 1990, will continue to expand its land bank, chairman Li Ka-shing said. The Hongkong-based property developer chalked up net profits of HK53.25 billion (Ss74o million) against HKS2.7B
      Reuter  -  269 words
    • Article
      Lock icon Hutchison's profit rises 16pc
      150 6 Reuter HUTCHISON Whampoa Ltd, one of Hongkong's main trading conglomerates, will continue its present investment policy despite the recession affecting a number of countries, chairman Li Kashing said. Hutchison yesterday announced net profit of HK53.52 billion (Sso.B billion) for 1990, a 16 per cent increase over
      Reuter  -  150 words
    • Article
      Lock icon Kumagai Gumi scaling back overseas holdings
      262 6 Reuter KIJMAGAI Ciumi Co l td, one of Japan's most aggressive building companies overseas, is retrenching after ploughing billions ol dollars into foreign property in the mid-1980s, industry analysts say. Ihe firm took advantage of a strong yen and low interest rates to expand
      Reuter  -  262 words
    • Article
      Lock icon Manila electric firm to raise capital
      221 6 Reuter MANILA Electric Co, the Philippines' biggest electricity distributor, will raise its authorised capital stock and go ahead with the public offer of some 25.5 million shares starting this year, officials said. Meralco chairman Ramon Garcia said stockholders have approved the increase in capitalisation
      Reuter  -  221 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      556 6 TIGER BALM LIMITED i A member of the £3?) Haw Par Group J (Incorporated In the Republic of Singapore) X>G^x RESULTS FOR THE YEAR ENDED 31 ST DECEMBER, 1990 The Directors wish to announce the following audited Group and Company results for the year ended 31st December, 1990: Group Company
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      Page 6 Advertisements Column 2
      960 6 Hamper Haw Par Brothers International Limited (Incorporated In the Republic of Singapore) RESULTS FOR THE YEAR ENDED 31 ST DECEMBER, 1990 The Directors wish to announce the following audited Group and Company results for the year ended 31st December. 1990: Group Company 1990 1989 1990 1989 $000 000 Change $000
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Brierley reveals secret deal in Air NZ takeover
      408 7 FT BRIERLEY Investments, the New Zealand investment group founded by Sir Ron Brierley, has revealed details of a secret agreement with Qantas, the governmentowned Australian airline, whieh underpinned its acquisition of a majority holding in Air New Zealand. Brierley on Tuesday said
      FT  -  408 words
    • Article
      Lock icon Bull expected to have lost S$2.1b last year
      310 7 IHT FRANCE'S state-owned Groupe Bull, in one ot the worst financial results ever to be reported by a computermanufacturing company, was expected to announce losses of 6.6 billion French francs (SS2.I billion) for 1990 yesterday, industry sources said. On the theory that
      IHT  -  310 words
    • Article
      Lock icon ICL expelled from chip project
      258 7 FT EUROPE'S biggest semiconductor research programme has expelled ICL, the UK-based computer manufacturer, from three of the five projects in which it was taking part because the company is now 80 per cent-owned by Fujitsu of Japan. Ihe US$5 billion (SSB.9 billion) Joint European Submicron
      FT  -  258 words
    • Article, Illustration
      Lock icon Bass announces surprise £558m rights issue
      296 7 NYT BASS, the hotels, brewing and pub retailing group, on Tuesday announced a £557.9 million (S$ 1.75 billion) rights issue to help fund investment in its three business areas over the next four years. The cash call came against a background of further weakening
      NYT  -  296 words
    • COMPANY BRIEFS
      • Article
        Shearson Lehman Bros reports lower revenue
        92 7 AMERICAN EXPRESS CO says the investment banking, eommissions and market-making businesses at its Shearson Lehman Brothers unit declined sharply in 1990. Overall Shearson revenues shrank to US$lO.2 billion from US$l2.5 billion in 1989 largely because of lower interest and dividend revenues, American Express said
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      • Article
        AT&T says NCR offer stands
        103 7 AMERICAN Telephone and Telegraph Co chairman and chief executive Robert Allen said AT&T declined to change its current offer of US$9O cash per share for NCR Corp. In a letter to NCR chairman Charles Exley Jr, Allen also said he was "unconvinced" that the value
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      • Article
        Lego theme park on the cards
        85 7 LEGO Systems Inc is looking for a partner and major metropolitan site to build a US$lOO million to US$2OO million theme park in the United States, the company announced on Monday. The company, with world headquarters in Billund. Denmark, and US headquarters in Enfield.
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      • Article
        Frozen beef from machines
        85 7 Hamilton Japan Ltd said yesterday that it was planning to sell US frozen beef through vending machines from May I in the wake of Japan's beef market liberalisation slated for April 1. The Kobe-based imported beef sales company, owned 45 per cent by Hamilton Packers Co
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      • Article
        Unocal to stop shale oil output
        54 7 UNOCAL CORP says it plans to suspend production on June I at the only US commercial shale oil project. Citing continued negative cash flows due to limited oil output, the company said operations at Parachute Creek. Colorado, arc being suspended to study possible alternatives
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      • Article
        MCI to buy IBM facility
        91 7 MCI Communications Corp says it has entered into an agreement to purchase a 200.000-square-foot facility in Colorado Springs from IBM Corp that will become the new headquarters for its Network Systems Engineering unit. The number two American long-distance company said it plans to relocate and
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      159 7 RfvivityTlifPmmiiujSpirit LoeateJ alontj •Huffalo 'Htis is an attraetnv It unit make the area tlic So, it on t miss out on 'Tender elosiny Jaw: 2 J -KoaJ an J tlic eonier of opportunity for those uleal venue for retail this ijolJen opportunity 'May I l) I before 12 pm. 'Xerbau
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Deutsche Bank profit up 22.7 per cent
        55 8 DEUTSCHE Bank AG, parent company of the Deutsche Bank group, said on Tuesday that its net profit rose 22.7 per cent last year to 1.23 billion Deutschemarks (1J*****.7 million) from one billion marks (US$625 million) in 1989. Ihe company said its dividend would
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      • Article
        New Chinese bond issue
        58 8 CHINA'S first treasury bond issue to be underwritten by a syndicate of mainland financial institutions will be signed next month, the South China Morning Post reported. The two billion yuan (about HK$2.9B billion) issue represents a radical departure from the traditional method of distributing government bonds
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      • Article
        Relief for Boesky victims
        77 8 A US Federal judge on Tuesday approved a US$46.B million settlement of lawsuits to repay investors who were cheated by Ivan Boesky's securities fraud in Wall Street's most sensational insider trading scandal. The money is likely to be spread among thousands of investors with claims against
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      • Article
        New lending limits in NZ
        90 8 NEW ZEALAND'S Reserve Bank announced new limits on Tuesday on how much the country's banks can lend to any single borrower following the collapse ot investment bank DEC New Zealand Ltd in October 1989. "An upper limit, set at the level of 35 per cent
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      • Article
        No bid from Banc One
        55 8 BANC ONE Corp of Columbus, Ohio, said on Tuesday that it would not bid for the banks of the failed Bank of New England Corp. Banc One, which had been cxpectcd to make a bid, cited the weak state of the New England economy as
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    • Article
      ABS signs pact with Mexican body
      270 8  -  By Schutz Lee THE ASSOCIATION of Banks in Singapore (ABS) signed its first cooperative agreement yesterday with its counterpart in Mexico to provide for the exchange of general information and experience. The agreement is a followup to the visit of Senior Minister Lee Kuan
      270 words
    • Article
      Lock icon Prudential reports one-third drop in pre-tax profits
      362 8 Heavy losses in non-life business to blame FT PRUDENTIAL Corp. Britain's biggest life insurance and financial services company, has revealed a drop in pre-tax profits of more than a third, largely due to heavy losses on its property and motor business in the
      FT  -  362 words
    • Article
      Lock icon Trading in HSBC shares suspended in HK, London
      179 8 Reuter SHARES in Hongkong and Shanghai Banking Corp have been suspended in London and Hongkong, the International Stock Exchange said. The shares were suspended pending the relisting of the firm under a Londonregistered holding company on April 8. The parent will be
      Reuter  -  179 words
    • Article
      Move to help HK brokers cut high audit fees
      393 8 HEAVY responsibilities under the regulatory framework and the shortage of accountants have driven up audit fees for small stockbrokers, doubling them in some cases, according to the South China Morning Post. In a bid to alleviate the problem, the Hongkong stock
      393 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      601 8 (jj5PO SINGAPORE PETROLEUM COMPANY LIMITED (Incorporated in the Republic of Singapore! PROFIT AND DIVIDEND ANNOUNCEMENT The Directors are pleased to announce the following audited results of the Croup and the Company tor the year ended 11 I)eceml)er IM'H) <$000s) THE GROUP THE COMPANY 1990 1989 1990 1989 Turnover 1,571,379 1,189,670
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      Page 8 Advertisements Column 2
      877 8 t I UNITED PULP PAPER COMPANY LTD. I I The Directors of United Pulp Paper Co Ltd are pleased to make the following announcement. I I AUDITED RESULTS FOR THE YEAR ENDED 31/12 90 I I Latest Previous I I Year to Year to I I 31 12 90 31/12/89
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  • Page 8 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Flow of yen to KL unlikely to fall
      452 9 Japanese investors optimistic despite economic uncertainties MBT JAPANESE investment in Malaysia is expected to remain strong in spite of economic uncertainties arising from the aftermath of the Ciulf crisis. Japan Malaysia Economik Association (Jamcca) acting secretary-general Hideaki Kondo said on Monday the
      MBT  -  452 words
    • Article, Illustration
      Lock icon NZ should live within its means: minister
      279 9 Reuter GOVERNMENT spending cuts will bring a short-term fall in domestic consumption, but it is essential that New Zealand begins living within its means, Finance Minister Ruth Richardson said. "New Zealandcrs need to put earning before spending and the government must cut its
      Reuter  -  279 words
    • Article
      Plans to convert prison island taking form
      385 9  -  From James Shyong in PENANG AFTER many false starts, the proposal to turn Pulau Jerejak, a penal island off Penang. into a major tourist attraction may soon become a reality. By developing its tourism potential, the Penang state government hopes to wipe out
      385 words
    • Article
      Lock icon Jetro approves M$237m worth of projects
      320 9 MBT THIRTY-THREE projects with M 5236.87 million worth of Japanese investment have been approved under the Japan External Trade Organisation (Jetro) Overseas Investment Scheme in Malaysia. Jetro said 24 of the projects had 100 per cent Japanese equity while the rest were joint ventures
      MBT  -  320 words
    • Article
      Thailand liberalises 10 industries
      161 9 11 IK THAI Industry Ministry has liberalised 10 industries as the first step in a plan to end years of industry protection and to promote fairer business competition, reported the Hanykok Post yesterday. Another 13 industries are in the pipeline for liberalisation. The liberalised industries include
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    • NOTE BOOK
      • Article
        Indonesia braces for electricity price rise
        88 9 INIX3NESIA, whose last electricity price rise had legislators complaining and students demonstrating, is paving the way for another increase, analysts said yesterday. Mines and Energy Minister (iinanjar Kartasasmita said fair pricing and good service would be the target for the state electricity company. Antara
        88 words
      • Article
        World Bank okays loan
        86 9 THE WORLD BANK has approved Indonesia's loan proposals to increase the capacity of coal-fired power plants in West Java, Ermansyah Vamin. head of the state-owned electricity company PLN. said on Tuesday. The loan would be used for the construction of three more units, each with an
        86 words
      • Article
        KL to investigate reports
        51 9 THE MALAYSIAN government on Tuesday expressed coneern over reports that Malaysians have been refused entry to some foreign countries which suspected them of possessing forged passports. Foreign Ministry officers would be directed to investigate the reports, Bernama quoted Deputy Foreign Minister Abdullah Fadzil Che Wan as
        51 words
      • Article
        More Thai highways needed
        74 9 JAPAN'S government aid agency has told the Thai government that 14 toll highways have to be constructed to link the country's key areas and save transportation costs. Officials said on Tuesday a study conducted by the Japan International Cooperation Agency (JICA) and submitted on Monday to
        74 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      96 9 snappy wild enticing outrageous bewitching dynamic pulsating sophisticated Jazzy 9. 1 W captivating exuberant Intriguing snazzy sprightly dazzling eclectic scintillating zesty funky f. 11 effervescent lively fascinating romantic classy enchanting upbeat alluring hot exhilarating Annabel Tan Arlanna Teoh Thrlcey Leow Jessie Leong Yvonne Lee Cheryl Chong Una Urn Jess Teong
      96 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        EC lauds S American common market move
        74 10 IHE EUROPEAN COMMUNITY has welcomed the signing b\ Argentina, Brazil, Paraguay and Uruguay on Tuesday of the Treaty of Asuncion, setting the four South American countries on the road towards a common market. In a statement in Brussels, the I- E( nations said
        74 words
      • Article
        Romania to launch privatisation
        84 10 ROMANIA will begin privatising its large-scale industrial installations as the next step towards a market economy altei prices are freed next month. Disclosing this in Bucharest on Tuesday, Economic Guidance Minister Eugen Dijmarcscu said that the country badly needed credits from abroad to sustain its reforms.
        84 words
      • Article
        Tokyo rice move criticised
        100 10 JAPAN'S recent refusal to allow a display of American-grown rice at a trade show was a "serious affront" to US producers, US Agriculture Secretary Edward Madigan has told Tokyo. The US Rice Council was forced to withdraw its display of American rice at an international food
        100 words
      • Article
        Extra oil profits for Mexico
        82 10 MEXICO stands to earn an extra US$l25 million (*****.5 million) for the sale of MX) million barrels of oil in an apparently unprecedented series ot trades on New York financial markets, the Washington Post said yesterday. Quoting Wall Street and Mexican government sources, it said
        82 words
      • Article
        Roh's party sweeps polls
        57 10 SOUTH KOREAN PRESIDENT Roh Tae-woo's ruling party yesterday made a sweep in local council elections shunned by nearly half of the voters. Party officials in Seoul said that with about 99 per cent of Tuesday's votes counted, candidates affiliated with the Democratic Liberal Party (DI.P) dominated
        57 words
      • Article
        Taiwan to expand Congress
        75 10 TAIWAN'S ruling Kuomintang (KMT) agreed yesterday to expand the number of elected members in the country's tri-camcral Congress in time for the first general elections to the three bodies in more than four decades. A KMT spokesman in Taipei said yesterday that locally elected members in
        75 words
    • Article
      Lock icon Japan denies offering big aid for Kurile sovereignty
      396 10 Tokyo unhappy with recognition-for-aid reports AFP JAPAN is not planning to offer massive economic aid to the Soviet Union in exchange for sovereignty over the four disputed Kurile Islands, the spokesman for the Japanese foreign ministry said on Tuesday. The government is
      AFP  -  396 words
    • Article, Illustration
      Lock icon US expects Japan to pay all of US$9b
      354 10 Reuter THE WHITE HOUSE has said it expects Japan to live up to its commitment and pay all the US$9 billion (Ssl6 billion) which it pledged for Gulf war costs in spite of Tokyo's complaint that a rise in the dollar had
      Reuter  -  354 words
    • Article
      Lock icon Japanese economy growing despite weak indices
      196 10 Reuter JAI'AN's economy is still growing, despite leading and coincident economic indices for January being below the so-called "boom or bust" 50mark. an official of the government's Economic Planning Agency (EPA) said Japan's index of leading economic indicators shxxl at 40.0 on a scale
      Reuter  -  196 words
    • Article
      Lock icon Most Gulf nations will be able to recover war losses
      270 10 AFP THE LOSSES of most of the countries affected by the Gulf crisis will he largely compensated hy Arab and Western countries, according to figures gathered around the Gulf Israel. Egypt. Syria and Turkey have already received billions of dollars
      AFP  -  270 words
    • Article
      Lock icon Big surge in US consumer confidence
      438 11 Steep jump in Conference Board index Reuter US CONSUMER confidence took its biggest leap in more than 20 years in March, as optimism blossomed with the end of the Gulf war. The Conference Board announced in New York on Tuesday that its closely watched
      Reuter  -  438 words
    • Article, Illustration
      Lock icon Big fall in US core inflation on the cards despite setbacks
      479 11 FT IT SEEMS as improbable as water running uphill. The US economy is firmly in recession yet the underlying rate of inflation appears to be rising rather than falling. Last week, the US Labour Department reported a 0.7 per
      FT  -  479 words
    • Article, Illustration
      Lock icon Reform slowdown crucial: Gorbachev adviser
      396 11 FT THR COLLAPSE of the Styviol economy is a direct consequence of trying to move too last to a market system. President Mikhail Gorbachev's new economic adviser said on Tuesday. It was essential to reimposc central controls to maintain supply contracts between state enterprises, or
      FT  -  396 words
    • Article
      Lock icon EC urges Europe's electronics sector to restructure
      252 11 Reuter EUROPE's struggling computer and electronics industry must restructure to become more competitive in an increasingly global market, the European Commission said in a policy paper adopted on Tuesday. The paper, describing Japanese and US domination ot a range of key electronics sectors,
      Reuter  -  252 words
    • Article
      Lock icon Economic miracles take time, eastern Germans told
      468 11 Reuter SIX MONTHS after unification. the economic divide between the two Ciermanys is widening still further, fanning unrest in the east and undermining business confidence in the west. Economic leaders in Germany are now pointing out to the people who swapped Marx for
      Reuter  -  468 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      26 10 "CAR OF THE YEAR 1991" Pre Launch INTRODUCTION PRICE jg FREE COE CASH DISCOUNT FREE GIFT AIITO^sTrVICBS^e"ITD 2 4 leng kee road Singapore 0315 tel *****11
      26 words
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      Page 11 Advertisements Column 1
      84 11 FOR BITS AND B T Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local
      84 words
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      Page 11 Advertisements Column 2
      165 11 *MINTON The Restaurant where else would you make an executive decision To create a good impression at an important business lunch or dinner, what could be more appropriate than an elegant continental restaurant, right in the heart of Orchard Road? I At The Minton, Royal Doulton china and Oneida silver
      165 words
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  • Article
    Not by market forces alone
    509 12 EDITORIAL IF THERE BE an index of a country's level of appreciation and aspiration for the arts and culture, Singapore's of recent years would doubtless show a clear trend. Like the CiDP measure of the economy, the arts index would have been rising, and rising
    509 words
  • WHAT THE OTHERS SAY
    • Article
      An open question
      231 12 THE new Thai government does have serious plans for the country and has lined up a number of impressive programmes. It has called lor what amounts to a mini-revolution by declaring war on the sex industry, and particularly the disease Aids. On the economic front, it has
      231 words
    • Article
      Educational excellence
      135 12 SINGAPORE takes another step towards excellence in education as the Nanyang Technological Institute (NTI) becomes a full-fledged university from July. The Nanyang Technological University will be a comprehensive university offering a wide variety of courses and modelled alter the best American universities. As a newly set up university,
      135 words
    • Article
      Middle income dream
      132 12 MIDDLE-incomc Singaporeans can never enjoy that enviable living environment enjoyed by mid-dle-income groups in the West. This is so regardless of how fast we advance financially and what measures we adopt to help people realise their dreams. The new guidelines for landed property will not only reduce
      132 words
  • REGIONAL VIEWPOINTS
    • Article
      Help for the Iraqis
      155 12 THE UN Security Council sanctions committee agreed last Friday to ease restrictions on food and essential supplies for Iraq. The committee will have to be notified of the despatch of food shipments although henceforth its approval for each shipment need not be sought. Other items such
      155 words
    • Article
      Cleaning up Penang
      187 12 PKNANCi's dirty image is already taken for granted The big problem is that even the state administration has taken it tor granted. The consequence of the Prime Minister's rebuke is that many have been mouthing pledges and promises to clean up Penang and taken to announcing clean-up
      187 words
    • Article
      Too wide a gap
      163 12 EVEN if Hongkong's political groups follow Beijing's warning to avoid dabbling in C hina's domestic affairs, they have not ceased to be concerned about the repressive nature of the government. Earlier this week the Governor of Guangdong. Mr Ye Xuanping. issued another reminder to the territory
      163 words
  • Article, Illustration
    Lock icon Time to enlarge Security Council
    886 12  -  Hie Gulf War has made it elear that is now time for the UN Security Council to consider changing its membership structure, says Max Jakobsen Max Jakobsen The writer /v a former Finnish anilhissaJitr to the I niled \alums. He now writes on interna in
    IHT  -  886 words
  • Page 12 Advertisements
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      233 12 jS,E E v e MB A sth Intake By Distance Learning Commencing in July 1991 Programme Structure and Contents (New) innovations and Strengths Hull MBA is a highly innovative two-year postgraduate FIRST to offer TQM and A Systems Approach to CPS the programme. It is designed to prepare ambitious managers/
      233 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      58 12 DOONESBURY BY GARRY TRUDEAU rue twcJWfKtt untie misptwrtp so tap eOOOMENtNd. IN MMAIT HflfrKdN tUUNG THtTPUTH HAS fUNtWI TOMAHb TTXJ6H, POOP. iOUPI rOPAY, AUJHOPIVESGONTIN ABOUT Thf THE IMP Of OTHEP IP* PtSOMffUl. JPUP MKP?-' JUST EN HEP THEIP WAP A6AINST SEPWCtS, THE SHOTMtb NAUSTS HAVE FI6P fONtAPFV LADP </ (fUPA&NTTHEMUXAPREVENTING
      58 words
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  • ANALYSIS
    • Article
      Lock icon MasterCard fights back in global battle
      794 13  -  Both Visa and MasterCard want to make the credit card market international. Visa has the edge, but its competitor is catching up. David Barchard reports David Barchard FT VISA or MasterCard? The global warfare between the world's two main payment cards system has reached
      FT  -  794 words
    • Article, Illustration
      Man who's caught in the middle
      1244 13  -  The Malaysian Cabinet reshuffle is casting a shadow over Penang. This is because Penang is the home base of both Anwar Ibrahim and Ahmad Badawi, the new finance and foreign ministers respectively. The renewed rivalry between the two Umno VPs will pose additional problems
      1,244 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      216 13 More Than 24 Mega-Bucks of contracts to be secured at The Biggest Microcomputer Event in South East Asia August 22-25,1991 World Trade Centre, Singapore Many hardware and software vendors participate in exhibitions to establish vast contacts which they hope will turn into contracts. At COMTEC, the only Proven and Industry-Supported
      216 words
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      Page 14 Advertisements Column 1
      111 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE SUMPTUOUS SICHUAN CUISINE. DELICATE YANGZHOU DIANXIN. RICH PIPING HOT STEAMBOAT. LUNCH: 11.30 AM TO 2.30 PM DINNER; 6.30 PM TO 10.30 PM It INCI'S A MEMBKR OF C,)L HOTELS HOTEL •SIM J AF()Kt avelock
      111 words
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      Page 14 Advertisements Column 2
      281 14 THE WALL STREET NIGHT EXCLUSIVELY AT EVERY THURSDAY MONEY, MONEY, MONEY Are you fed up with The Fed? Down on the DM? Then it's time for a break at CHINOISERIE Bankers and brokers this night is your night. Just show your business card and you gain free admission. Lots of
      281 words
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      Page 14 Advertisements Column 3
      267 14 Are you lonesome tonight^ Well, if you're at Club 5, it's unlikely you'd have the chance to feel that way. Don't be surprised if you find yourself spending all your nights at Club 5. Plaza Hotel And why not*? «—i■■W-limw amn Easter Buffet Luncheon Specials at the Cafe Aladdin Cafe
      267 words
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      Page 14 Advertisements Column 4
      361 14 :1 {it StiwLJi Jxmxl Lunch: Noon 2.30 pm Dinner: 7 pm 10.30 pm Adult: 36+ Adult: 545 Child below 10: $18++ Child below 10: $23+ \XV serve the world to you at The Belvedere. jXT Q/flaru/afin ID Gfuwywrr i t(< Orchard Road Singapore iN.'i Tel "("ill Plan your next function
      361 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      682 14 TELEVISION AND RADIO TTtVArYi rlofoof tn HAirtiflQtinn I 945 n, <•,« business on radio riUIII vivlvdl IU liUlllllldllUll 6.30 PM CNN International (L). #45 p^lMai' HUM Noete 6.30 Religious' programme. BBC, 89.9 mHz in VHF Band II —rn 9 N 800 r fw Mystic Pizza (Stereo). Star- 6.45 Religious programme.
      682 words
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  • LIFESTYLE
    • Article, Illustration
      Pushing back the frontiers of censorship
      704 15  -  Salil Tripathi talks to a film-maker who turns her movies into political platforms for the troubles of the Irish people Salil Tripathi Ma r go Harkin is still recovering from jetlag. But she is also recovering from a lag of another kind: culture shock.
      704 words
    • Article, Illustration
      Stepping towards a reel industry
      520 15  -  More than just an annual Best Singapore Short Film Competition is needed to grow a Singapore film industry, writes Jennifer Lien Jennifer Lien Making short films may seem to be a step towards establishing a real film industry in Singapore. Hut unless things change, a
      520 words
    • Article
      Only blockbusters selling well
      330 15  -  By J< Jennifer Lien I T IS a myth that Film festival tickets are selling like hot cakes. In reality, only the so-called "blockbuster" movies like Cyrano </e llergcrac ami Apocalpyse Now arc doing well at the local box-of-lice. According to the latest ticket sales lists,
      330 words
    • Article, Illustration
      Out of jail and riding the comeback trail
      496 15 CHATTERBOX JAMKS BROWN is back. The singer, released from prison in South Carolina on February 27, has not appeared in public for two years. On June 10. he is to appear in a pay-per-view television show at the Wiltcrn Theater in Los
      496 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      294 15 AND ENTERTAIN The Happiest Hours In Town. j ti ihx 1 I WHY t MM \l\» M KN Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. ANA HOTEL H. nassim mii, mn<;APOKI
      294 words
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      Page 15 Advertisements Column 2
      171 15 HI- iAmA m &mA ■I* AT NISHIKI /-v RESTAURANT FROM 21 MAR TO 21 MAY Set amidst boughs of cherry blossoms is where M you can enjoy authentic Springtime V delicacies Skillfully prepared for l this delightful season arc grilled lobster, salmon roe, ginko yklii nuts, arkshell and rare treats
      171 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Fancy a trip to London, mate — for free?
      436 16  - Fancy a trip to London, mate for free? Rahita Elias builds castles in the air Rahita Elias EVER dreamed of zipping to the UK free of charge? A promotion by British Airways could be the ticket to your dream. The carrier last week launched a £50 million worldwide campaign, billed
      436 words
    • Article
      Lock icon Reebok switches agency and splits business
      346 16 NYT REEBOK International abruptly pulled its US$,4O million account from Hill. Holiday, Connors, Cosmopulos last Friday and split the business between two New York agencies, Chiat/Day/Mojo and Lois/GGK. Reebok would not comment on its reasons for dismissing Hill, Holiday a move that comes a
      NYT  -  346 words
    • Article
      Lock icon Church of England buys radio time
      174 16 Reuter THE Church of England is taking to the airwaves with its first radio advertising campaign in an attempt to swell Easter congregations. This follows a change in British broadcasting rules to allow religious groups to advertise on commercial radio as long as they
      Reuter  -  174 words
    • Article
      COPY LINES
      179 16 CUDDLY, harmless-looking dogs parade through the newest television commercial for Kodak Gold Film, vhich was shown for the first :ime during the telecast of the Academy Awards in the US. In the spot one of three that Eastman Kodak Co is to introduce tonight, the dogs pose humorously
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      128 16 >.$-• wSSs^ff®K^*'"Amf^SH M*pgg^. K i. ■CfltMPr 2 A.' n~*• JE i jfy I^l iflßr MEmg^ragaaiiawiM, /3 |kb b If v Bk .«M BL Wr 4; ffi?* V -v '*\IBH^^WB^I -;.j %i^js .jfc^gj!jBrasHgHKlBaßjßßM|^^ fwRHB IStMifittf f J "*r• i^i"' -'V «**\*&'"Vr* v> jJr'V® 4 v «»v-. *3HOBB' 4 5 ffiMySpv? <
      128 words
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      Page 16 Advertisements Column 2
      656 16 OoCBCM OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) The Directors are pleased to announce the following 1990 1989 Increase The Group The Benk The Group The Bank The Group The Bank SS'OOO SS'OOO Ss'ooo Ss'ooo 1 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1990 Net profit
      656 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      474 17 AN EXPERT I (^SHIPBUILDING EARLY DELIVERY OF the third 5000 dwt clean product tanker to Thai Oil Company Limited jar—*—** NO SMOKING »i! t ~*l >.-. v,» 3, wife v **r *5. n ml Swfeß^v^. tlI 11 irf ?By Three consecutive orders in three years. An THAIOIL 3is built to
      474 words
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      460 18 CONGRATULATIONS ■P mr I SINGMARINE INDUSTRIES LIMITED I ON THE SUCCESSFUL COMPLETION AND DELIVERY OF THE THIRD ***** DWT CLEAN PRODUCT TANKER TO THAI OIL COMPANY LIMITED *m MHV fIHHMHHfc MP P—k 4—r W 4HIHV AMT MB VB /MM AHVJHV >*** WBI JBF JjHf Hp KKtm mtttm mKKtf ■■B 2|^SS
      460 words
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      Page 19 Advertisements Column 1
      193 19 CONGRATULATIONS SINGMARINE INDUSTRIES LIMITED ON THE SUCCESSFUL COMPLETION AND DELIVERY OF 5000 DWT CLEAN PRODUCT TANKER TO THAI OIL COMPANYU/H&tSm PSiM jmi nu ___^_________V H I DAIHATSU I DAIHATSU DIESEL (SINGAPORE) PTE. LTD. We provide Daihatsu engines, spare parts services in Singapore 116 Lavender Street #01-01, Pek Chuan Building, Singapore
      193 words
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      Page 20 Advertisements Column 1
      432 20 CONGRATULATIONS SINGMARINE INDUSTRIES LIMITED ON THE SUCCESSFUL COMPLETION AND DEUVERY OF THE THIRD 5000 DWT CLEAN PRODUCT TANKER TO THAI OIL COMPANY LIMITED SSS M SBBS t n KEPPEL INSURANCE PTE LTD Q (A joint venture between Keppel Corporation Ltd NV AMEV Group) CORROSION CONTROL PTE. LTD. Teaming up is
      432 words
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  • SPORTS
    • Article
      $150m country club for reservists
      269 21  -  By Cassandra How KKSKRVISTS will get their own country club facilities when a 27-hole golf course and clubhouse is completed in about three years' time. lenders will soon be called lor the construction of the club, tentatively called Safra Country Club, said Dr Yeo Ning
      269 words
    • Article, Illustration
      Lock icon Non-US stars back in force for Players Championship
      365 21 AP THE non-American stars, who stayed away in droves for a couple of years, arc back in force this week in the Players Championship. Seve Ballesteros of Spain, Nick Faldo of England, lan Woosnam of Wales and Bernhard Langer of Germany are
      AP  -  365 words
    • SIDE LINES
      • Article
        Olympic body mum over S African mission
        60 21 THE OLYMPIC MOVEMENT'S anti-apartheid watchdogs on Tuesday threw a cloak of secrecy over their mission to see whether South Africa was ready to be re-admitted to the international arena. lOC director-general Francois Carrard refused to divulge any details of perhaps the most important
        60 words
      • Article
        Penalised for tantrums
        69 21 WORLD No. 7 Tristan Nancarrow was given two codc-of-conduct warnings on his way to a shock defeat on the opening day of the Scottish Open squash championship on Tuesday. The Australian, who has been fined and banned for tantrums in the past, was warned about his conduct
        69 words
      • Article
        Club crisis
        50 21 ITALIAN SOCCER CLUB Lazio will know whether it has hired England midfielder Paul (iascoigne when his current club. Tottenham, has sorted out its financial affairs. Reportedly US$3B million in debt. Tottenham is in the midst of a takeover tangle involving backers who include current team manager Terry Venablcs.
        50 words
      • Article
        African rally begins
        61 21 THE 39th Annual Safari Rally, one of the world's toughest car races, began yesterday in Nairobi with 62 drivers chasing fame and fortune on some of the worst roads in the world. The course follows a 4,500 km route through mountains, deserts and the tropics. All of
        61 words
      • Article
        Out of meetings, into Africa
        67 21 El) MOSES, athletes' representative on the International Olympic Committee mission in South Africa, has spent his time trying to sneak away from meetings to see the country for himself. "I am here for the first time and for four days only," said Moses. "How can
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      • Article
        Hole lot of worries
        58 21 MLR FMRST I.adics Professional (iolf Association victory safely tuckccJ away. Danielle Ammaccapane already lias another worry. "Winning that first one was always kind of in the hack of my mind," said Ammaccapane, who picked up her first winner's cheque, for 1J5582,5()0. "Now, I think getting that
        58 words
    • Article, Illustration
      Lock icon Nastase, Vilas, Cooper make it to hall of fame
      298 21 AP I LIE NASTASE, (iuillcrmo Vilas and Ashley Cooper were named to the International Tennis Hall of Fame on Tuesday. Induction ceremonies will be held at the Newport Casino in Newport. Rhode Island. on July 13. The enshrinement of the three
      AP  -  298 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      82 21 DISPLAY I EKTACHROME FUJICHROME K w film BP? 11 METALLIC GLOSSY PRINTS I RECOPYING OF r-jM SUPER IMPOSE SPECIAL EFFECTS FOR MRT POSTERS EXHIBITIONS ARCHITECTURAL WE CAN PRODUCE PRINTS UP TO 20' 30' Main Lab: Blk 34. Commonwealth Lane *05-26, S pore 0314. Tel: 779 5195. 779 2244 Branch: #01-07
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      Page 21 Advertisements Column 2
      825 21 Nat Steel Nat Steel Ltd Incorporated in the Republic of Singapore To: All Stockholders The Board of Directors of Nat Steel Ltd wishes to announce the following THE GROUP THE COMPANY 1990 1989 1990 1989 SS'OOO SS'OOO SS'OOO ssooo Turnover 784,310 523,012 50.0 484,154 429,302 12.8 Operating Profit 73,924 56,512
      825 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stock market continues to be subdued
      5031 22  -  By 1 Diana Oon TRADING on the local stock market continued to be subdued yesterday. Brokers said trading in the first half of the day was inspired by the strong overnight gains on Wall Street, with the benchmark Straits Times Industrial Index gaining about
      5,031 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4399 23 Main Board RIX* 412 II* MO. 2% DBS Foreign 1280 HO f 2 4% SPH Foreign 1170 f20 1.7% Senib Shipyard 615 M5 >2.5% Singniarinc 50 1 515 M5 3.0% DBS I l l MO M).8% FFIS 50* 625 10 1.6% Metro Hklgs 580 MO
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      111 24 Company Date Year Group Net Net earnings Gross ann to profit/less (L) per share dividend ('000) (cents) Pacific Can Mar 18 Sep 90 $1.4501 (Jbilm) (0/) < Kcppal Finance Mar 15 Dec 90 $5.276($5.169) b 8(6 3) 5(4) Van dec Horst Mar 12 Sep 90 J2.4SI ($1,902) 4
      111 words
    • Article
      PRELIMINARY RESULTS
      591 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Esso Mar 26 Dec 90 M$103.956($74,029) 27 3(22 8 60(60) GeiiMif Mar 26 Dec 90 SI 1.846($10.?8/) 90(89) lOlf(lOTE) ICB Mar 26 Dec 90 $33.000g($24.487g) 660(490) 125(10) Pjikway Mldgs Mar 26
      591 words
    • Article
      INTERIM RESULTS
      357 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Amai Steel Mar 26 Dec 90 MJ82.36KJ44.430) 10(-) Eu Yan Sang Mar 26 Dec 90 $445($1.176) YIl Corpn Mar 26 Dec 90 M$14.264($8.581) Imatex Mar 21 Sep 90 M$2.615l ($2.0211) SBS Mar 21 Dec 90 $1,769(12.180)
      357 words
    • Article
      CORPORATE DEVELOPMENTS
      441 24 Mar 26 Singmarine Industries shipbuilding and repair arm. Singmarine Dockyard Engineering, had clinched a $s?m order to design and build a specialised vessel Mar 25 United Overseas Bank is the first local bank to issue sponsored American Depositary Receipts (ADRs) in the US Bank of New York is
      441 words
    • Article
      DIVIDENDS ANNOUNCED
      1136 24 Current Ex Books Date Total for Total for payment date close payable the year last year Amtefc Enf 6%!t(l) Apr II Apr 17 Apr 26 6%If 12%K Amjo Fund USJO 10(b) Mar 18 Mar ?8 Apt 8 USJO10 Avmo 5%TE Feb 25 Mar/ May lb 125%If 25%!f BAT
      1,136 words
    • Article
      RESULTS DUE
      341 24 Main Board Last Full Year Company Penod Date Year Net EPS Gross Net announced endnf (cents) <Sv profit last year ($000) BMT Interim tan 10 tun 91 254 2 1500 773 Apolo Final Feb 16 Dec 90 1.7461 Yaotun Final Fed 16 May 90 30 7 30 0
      341 words
    • Article
      APPROVED ISSUES
      275 24 Company Rights Issue H I wit Credit l*o tor tive n M$? 00 per share Eidate Feb 21 Books close Mar 7 Acceptance Payment Apr 19 Kl Industries One Kuala Lumpur Industries Htd(?s Bhd share of M$1 each tor seven Ktl shares ot M sen each Rights issue
      275 words
    • Article
      PROPOSED ISSUES
      392 24 Company Rights Issue Alcorn One lor two <« MSI 00 pet Jure Issue ol 10m Cumulative Redeemable Preference Shares (CRPS) ol MJO 10 each at MSI per share with 10m detachable ISR on the basis ol 1 CRPS with 1 ISR lor every 4 CRPS Bolt or One
      392 words
    • Article
      BONDS, LOANS & WARRANTS
      923 24 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share cic Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus JO 77 cash or 1 warrant plus $C nominal amount of loan
      923 words
    • Article
      COMPANY MEETINGS
      131 24 General Securities Investments ltd: 16th AGM at the Function Room ot The Development Bank ot Singapore Ltd. 45th Storey. DBS Building. 6 Shenton Way, Singapore 0106 on Thursday, March 28. at 11am Pacific Can Investment Holdings Ltd: 2nd AGM at No 1 Sixth lok Yang Road. Singapore 2262
      131 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      122 24 NEWB FLASH IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports. Shipping Agents' List. Freight Rates and a guide to port of calls of major shipping lines, among others. In the light of these information,
      122 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Weaker Tokyo market sends KL shares lower
      4247 25 Losers outnumber gainers 139 to 56 Bernama SHARE PRICES finished lower in quiet trading yesterday as buying support was eroded by the weaker Tokyo market. The KLSE Composite Index fell 5.38 points to 582.60 while the Industrial Index lost 6.69 points at 1,129.97.
      Bernama  -  4,247 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      179 25 "Where did you pick up that hoi stock tip?" When you call 005-1-212-976-4141, you can profit from the latest stock market news from Dow Jones That's because International Info Hotline makes financial updates available around-the-clock and the information is provided free You need only pay for the cost of an
      179 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks finish lower in lethargic session
      2284 26 Reuter TOKYO stocks closed a dull trade lower yesterday alter an early spurt of buying on the hack of a 1.7 per cent jump hy Wall Street overnight fizzled out due to a lack of other buying factors, brokers said. Turnover was at its
      Reuter  -  2,284 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares end slightly higher in light pre-holiday trade
      2280 26 Reuter HONGKONG stocks ended higher yesterday after a day in which a flow of early orders soon petered out and investors, touched by pre-holi-day languor, settled back to await the season's last major results announcements, brokers said. Some institutional buying focused on
      Reuter  -  2,280 words
  • Page 26 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie shares fail to sustain early gains
      • Article
        AUSTRALIA
        926 27 I MF. Australian share market failed to sustain an early run of buying yesterday, closing virtually steady on a day dominated by options trading. Brokers said expectations were high early on after a strong gain on Wall Street overnight, but activity fell off in the afternoon to leave the
        926 words
      • Article
        Untitled
        100 27 < IwsC PlWiWh March 27 SYDNEY Ml OriliiMncx liukx 1.416.4 1.4170 41.6 Ml liuluxiri.iK Imkx ***** 2.21ft .1 H.I Ml Kimhiuvx Index XIX 2 X4(M) -I X I'uinoxcr (nullum) 6Xl6 X2.IS -H BANGKOK SI I I lull* SS4.17 .SNI IX -6.01 I init>>\v~r (million h.ilil) 2.7(10 1.500 -X00 JAKARTA ompoMtc
        100 words
      • Article
        BANGKOK
        859 27 TFIAI stocks closed lower in sluggish trade for the third straight day after late selling pressure wiped out an early ninepoint rally, brokers said. The ShT Index shed 6.01 points to end at 854.17 on a thin 2.7 billion baht turnover. Bangkok Bank fell four baht to 377 and
        859 words
      • Article
        TAIPEI
        460 27 TAIWAN share prices finished broadly higher in heavy trade yesterday as investors Hooded the market with buy orders, dealers said. The weighted index, which at one stage climbed above S.(XX) points, rose 71.15 points or 1.5 per cent to 4,951.91. Turnover was the highest since Feb 22 at NT$B5.7
        460 words
      • Article
        SEOUL
        753 27 SEOUL stocks yesterday broke the 660 level in the face of continued tight liquidity and no market-moving news, brokers said. The composite stock index fell 8.87 points to 655.18. with 150 billion won traded against 172.1 billion on Monday. The market was closed on Tuesday for local elections. Seoul
        753 words
      • Article
        MANILA
        509 27 PHILIPPINE shares rose sharply for the second straight day yesterday following New York's lead, brokers said. A buying binge for shares in real estate conglomerate Ayala Corp and Ayala Ventures Inc also boosted the market, they said. The Manila Stock Exchange composite index climbed 29.85 points to end at
        509 words
      • Article
        NEW ZEALAND
        329 27 NEW ZEALAND share market closed higher yesterday but morning gains were almost halved. "It was disappointing in the light of Wall Street's strong performance," Ord Minnett broker Dave Tctro said. The Dow Jones industrial average jumped 49.01 points on Tuesday. The Barclays Index closed an estimated 7.89 up
        329 words
      • Article
        Untitled
        404 27 In local rum-no In SS In I S$ day S year "<u d.i> year day S year M \K ?(i lnd>'\ change change change change change changt' World 4iu 4 -0.2 12 4 00 11.4 -O K 8 6 fFAFE 533.4 -06 13.5 -0.5 9.7 -1.3 6.9 Europe 4174 4)3
        404 words
      • Article
        Lock icon JAKARTA
        740 27 Reuter JAKARTA stocks drew breath for a minor burst of activity to finish oft the government's fiscal year, with banks continuing strong and a few blue chips turning in good performances. The index rose 3.75 points to 406.98. The day's favourite was pulp mill Indorayon which announced a one
        Reuter  -  740 words
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  • WORLD STOCK MARKETS
    • Blue-chip led rebound lifts Dow 49 pts
      • Article, Illustration
        NEW YORK
        1382 28 WALL STREET investors, jarred last week by a spate of earnings disappointments, on Tuesday responded eagerly to reports that suggested a revival in the eeonomy. Blue chips notched their biggest gain since early March. Following news that the consumer confidence index jumped to 81 in March from February's
        1,382 words
      • Article, Illustration
        LONDON
        863 28 UK SHARES were yesterday driven higher by strong overnight gains in New York but another two rights issues took the froth off early share price mark ups, dealers said. "The market was always going to be capped but the early rights issues have capped it sooner," said one. "People
        863 words
      • Article
        Untitled
        92 28 March 2t> luse Hrciiuth NEW YORK IV>* Jones 2.914 85 2.865X4 f49.0| NYSE "In i ik i a I I-W.2K 144 53 f3.75 S*l»5«> 176 V) 369 83 .6 47 Turnover 1*7 153.1 44.8 LONDON Financial I imcs V) 1.943.2 l '2 7 FTSE 100 2.437 6 2.411» f 5.7
        92 words
      • Article
        BRUSSELS
        188 28 BELGIAN shares on Tuesday, spurred on by leading retailers GIB and Delhaize, rose slightly in otherwise moderate trading, dealers said. They said heavy demand was partly due to strong profit growth. An unusual high number of 118,000 shares of GIB, which announced a profit rise of about 14 per
        188 words
      • Article
        FRANKFURT
        181 28 SOLID earnings results from market leader Deutsche Bank and a modest recovery of the mark helped German shares recovery yesterday. Strong gains on Wall Street on Tuesday added to the market's momentum. The 30-sharc DAX index climbed 10.36 points to 1,508.80. Traders said news that Deutsche Bank's 1990 full
        181 words
      • Article
        AMSTERDAM
        347 28 DUTCH shares closed higher on Tuesday with the sharpest rises noted for stocks in international companies which were seen benefiting from a stronger dollar, dealers said. First line issues also profited from fair foreign demand, with some investors seen switching from German to Dutch shares dealers added, but overall
        347 words
      • Article
        PARIS
        177 28 FRENCH shares closed marginally higher on Tuesday as the market's at- tention returned to the poor French corporate earnings being reported for 1990, traders said. They said the market, which has been treading water for the last three sessions, is beginning to focus again on the bleak outlook for
        177 words
      • Article
        TORONTO
        241 28 TORONTO stocks ended mixed in lacklustre trade after weakness in gold and cyclical shares kept the market from following a rally on Wall Street, dealers said. A late reaction to this morning's US economic figures boosted the New York market, they added. The composite index closed unofficially up 8.1
        241 words
      • Article
        MILAN
        152 28 UNCERTAINTY about the survival of the five-party government coalition triggered selling pressure and Italian stocks closed sharply lower in nervous trading, brokers said. 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
      • Article
        JOHANNESBURG
        309 28 JOHANNESBURG gold shares on Tuesday lost further ground in slow trading on Tuesday morning after Monday's falls, retleeting a further decline in world bullion price to around $358 an ounce, dealers said. However, the rest of the market was steady where traded although the underlying bias appeared easier, they
        309 words
      • Article
        Lock icon ZURICH
        371 28 Reuter SWISS shares were almost one per cent firmer at yesterday's midsession. Dealers said sentiment was supported by hopes that Swiss interest rates would fall once the new quarter has started, and by Wall Street's strong overnight gains. The All-Share SPI Index rose 9.2 points, or 0.88 per cent,
        Reuter  -  371 words
      • Article
        Untitled
        44 28 Vienna MAR 26 Asch Akg Holding 4710 unch H Allgem (I'reO 3*)00 40 Junghun/I ***** 150 Lacndcrhank (Prci 644 unc j, Len/.ng 1510 unch I c\kam 476 ■> Montana Ocstcrr Brau 4320 70 Scmpcrit 134 j Slcyr 40* I Vcitschcr 780 25 Source: Austrian Laenderbank
        44 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar opens lower in Europe on technical correction
      1253 29 REPORTS THE US DOLEAR opened below I uesday's closing rates, pushed lower in a technical correction after failing to hold the key 1.70 mark level, dealers said. They said operators were taking profits and beginning to square their books ahead of
      1,253 words
    • Article
      INTERBANK FOREX RATES
      484 29 Cross rates Mar. I 'SS SS VIS Dm Yen I Si r N/S IISS 12.75X> I 6790 US m 0>66l ***** 12X95 ***** SS 0.5620 1.554)3 0'»4«6 0.777? 0.31X2 0 SOI 7 0.7247 ***** MS 0.3625 64.50 0.60X7 0.5014 0 2052 0.5I7| ***** ***** Dm 0.5956 1.0597
      484 words
    • Article
      MONEY MARKET
      567 29 Interbank rates SS Hid (>tl,r Overnight I I VIA t 1714 1-month 4 5/16 4 7/|f, 2-month 4 7/16 4 '»/|6 V month 4 ')/l6 4 11/16 Overnight mink*: 4 I S<S Ki<l (MTrr 7 itiu 6 1/4 ID 1 month 6 S/|6 6 7/16 2 months 6
      567 words
    • Article
      Lock icon Plan to reform Bundesbank sparks controversy
      350 29 AFP Till; (ierman government t'aees a controversial decision over how to reform the central and independent Bundesbank in order to give powers to representatives from former l ast Germany. Bundesbank monetary policy is widely acknowledged to dominate exchange rate and interest rate policy in
      AFP  -  350 words
    • Article
      Lock icon Market makers out Eurotunnet options
      133 29 Reuter 'I HE London Traded tions Market (LTOM) appointed five market ers on Eurotunnel pK tions, exchange ollieials "The number is likv rise beeause of the popu of the stock." said Andy son, head of administi at I.TOM, on Tuesday, five market makers aie Warhurg
      Reuter  -  133 words
    • Article
      FINANCIAL FUTURES
      1195 29 SIMEX EURODOLLAR Open High Lew Sett 1st Vol Op. Int Vol Jun 91 9340 93 41 1319 93 39 57X5 ***** ***** Sep 91 93.11 93.12 93.10 93.10 915 6050 1319 IXv 91 92.60 92 61 92 58 92.59 405 X929 4^0 Mar 92 92 39 92 40
      1,195 words
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  • COMMODITIES
    • Article
      Lock icon Porim's research on palm oil bearing fruit
      520 30 Bernama PALM Oil Research Institute of Malaysia (Porim) has another leather in its cap. Its research into the many applications ol palm oil has shown that it can easily blend with other vegetable oils to produce value-added products. The research showed that palm
      Bernama  -  520 words
    • Article
      Lock icon World palm oil output may drop
      253 30 Bernama WORLD palm oil output is expected to drop for the first time in the I WO/91 (Octo-ber-September) season after 10 consecutive seasons of increase. The Palm Oil Registration and Licensing Authority in Kuala Lumpur has quoted the trade publication Oil WorUl as saying
      Bernama  -  253 words
    • Article
      M'sian tin up 14 sen despite unchanged LME
      873 30 REPORTS THE PRICE of tin rose by 14 sen to MS 14.95 per kg on the Kuala Lumpur Tin Market on some good buying. IX'alers said the London Metal Exchange was unchanged overnight. IX'spite a 375-tonne fall in LME stocks to a
      873 words
  • Article
    PRICES
    1542 30 Rubber \i..r n RAS (fob in bales) Ht1*B NlKHl < losv Inl I KSS Pr.Kiipt I42.2VI4U9N I43.2VI44.2SN Inl I RSS Apr 41 144 25/145 25 I45 2S/I46 25 Ini I RSS May 147 00/147 50 I4I<0<VI4X 5<) Inl 2 KSS <)l' 142 50/144 SON 143 50/145 50N Inl 3
    1,542 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      567 30 NOTICES MM INDIAN OVERSEAS BANK, HONG KONG BRANCH U.S. $25,000,000 NEGOTIABLE FLOATING RATE UNITED STATES DOLLAR CERTIFICATES OF DEPOSIT DUE 31ST MARCH 1994 Holders of Certificates of Deposit of the above issue are hereby notified that for the interest period from 28 March 1991 to 30 September 1991, the following
      567 words
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      Page 30 Advertisements Column 2
      346 30 In The Matter of The Companies Act. Cap 50 And In The Matter of OKUYAMA SHOKAI PTE LTD (In Voluntary Liquidation) MEMBERS VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 220 Orchard Road *05-01 Midpoint Orchard Singapore 0923
      346 words
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      Page 30 Advertisements Column 3
      11 30 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1091 31 City Flight ETA Flight ETD Abu Dhabi GA975 1125 GA887 1225 Adelaide SQ228 1900 QF5 2000 Amsterdam SQ23 0740 KL840 2150 GA975 1125 SQ24 2300 J<L839 1455 Auckland NZ25 1825 BAH 1225 SQ325 2115 N726 2150 Bahrain GF148 0915 B Seri Begawan BI421 1105 SQ182 0915
    1,091 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The battle for the air traveller
      654 31  -  POSTCARD FROM TOKYO By David E Sanger IT TOOK 20 years tor Akio kondo to persuade some of Japan's most cautious, compe-tition-averse bureaucrats to allow All Nippon Airways to fly overseas. When they reluctantly agreed, it took another five years for Kondo. ANA's president
      654 words
    • Article
      MONEY CHANGER RATES
      154 31 As at 3pm yesterday: laical dollars to one unit of foreign current-) Currencies Bid Offer Australian dollar 1.3700 1.3X01) Canadian dollar 1.5170 ***** N/ dollar 1.035 I (>65 Sterling pound 3.120 3.1500 IJS dollar 1.7730 1.7880 local dollars In 100 units of foreign currency Austrian schilling 14
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      85 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel ii.iw.nn Ap"l International Budapest. HUNGEXPO ********** Apnl Expo-Opt ica Spain II IMA ********** w Exhlhlllon lung £T Agricultural April 17th International Centre I untlackm H (541 >*****25 Food lndustr> 5-22 Book l air Municipal de I ihr«>
      85 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      39 31 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to eveiywhere from Berlin to Bangkok. Call *****77 for details. We know Kurope frmri start to Finnish.
      39 words
    • Advertisement
      Page 31 Advertisements Column 2
      123 31 All Night Long Ng Wan Ching was there, on an all-night vigil tracking the drama of hijacked SQ 117 as it unfolded. Keep up with The New Paper. For more on the hijack today. For the latest every day. ■KILLED ALL FOUR HIJACKERS; FREED: ALL ON BOARD "Ok .A. ir-
      123 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      247 31 Wicket atrocious, being II L—l K One who settles the store? BIL—JHH-— French composer ■Hr~~ —LJ—■■l-""■HT-by Beethoven's 12 Stop in Panama (5) 1 1 1 1 I I I 1 IJ Street roundabout HI walk (4) JH 16 But are they met in obsta- I I I j j ——LMJ—ImL|^LHLJ
      247 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      211 31 Singapore Outlook: Showers over a few areas in the afternoon. Forecast: Maximum temperature 33.6 Assoc humidity 60% Minimum temperature 25.3* C Assoc humidity 97% Hours of sunshine 9.35 Rainfall in mm Nil Rainfall this month 30.7 Rainy days this month 4 World forecast Asia-Pacific Hi/I>o* C'ond. Auckland 25/13 Showers Bangkok
      211 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      23 31 f» i (Vinjiswed 9 \'ve&ee^ T oo Busy] WP\\/C VOU Fi^is\A£D J\ \N/OU AUGHIMG 7 pit£. OF invoicesJ N 83e8 MMstanoaro co ltd
      23 words
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  • Article
    First to Dubai, then to Kuwait
    507 32  -  Expect high volume but low margin, says free zone chairman From SN Vasuki in DUBAI SINGAPORE companies keen to capitalise on business opportunities in Kuwait should establish manufacturing or warehousing facilities at the Jebel Ali Free Zone in Dubai, says Mr Sultan Ahmed Bin
    507 words
  • Article
    Plan for a trade office in Singapore
    209 32 THE DUBAI Commerce and Tourism Promotion Board plans to open a representative office in Singapore some time next year, said Mr Lawrence Mills, chief executive of the board. The two-year-old organisation now has offices in Tokyo and Hongkong, and the expansion into Singapore
    209 words
  • Article
    Lock icon Five in UN council agree on key Gulf ceasefire issues
    194 32 Reuter FOUR weeks after US President George Bush announced a Gulf War truce, the big five UN Security Council powers agreed tentatively on main demands for a permanent ceasefire. The US pushed for a quick Security Council vote on a
    Reuter  -  194 words
  • Article, Illustration
    An idea whose time has not come
    802 32  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is a financial journalist based in Jakarta PRIME MINISTER Mahathir Mohamad of Malaysia must feel that life is a bit confusing. Late last year, scenting economic trouble brewing for the region when the Uruguay
    802 words
  • Article, Illustration
    S'pore, KL to review security measures
    357 32  -  The SIA Hijacking By Dexter Lee SINGAPORE and Malaysia are reviewing their airport security measures following the hijacking of a Singapore Airlines shuttle flight from Kuala Lumpur on Tuesday night. The Singapore authorities negotiated with the hijackers for eight hours after the plane landed
    357 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      544 32 Nikon The World's Finest Photographic Systems •'v. ..:X .s\\ s\ ><SSt S s \vj\ .V'.nsn \--v.\n\x-: •'v -.v\ "MANAGING CREATIVITY IN THE 1990 s" By Professor John Kao, Harvard Business School Creativity and Entrepreneurship are two critical dimensions of competitive advantage and business success. To be able to harness both
      544 words
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      Page 32 Advertisements Column 2
      33 32 Nikon The World's Finest Photographic Systems 0 Top International Fund Managers Use 1 IW V ESTAIW ATI C jj The Investment Research System Specialist I SINGAPORE 225-1595 MALAYSIA (03) 261-5331 HONG KONG 877-2284
      33 words
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  • Shipping Times
    • Article, Illustration
      More feeder carriers in intra-Asia trade needed
      479 33  -  SingaPort '91 conference By Rahita Elias MORE FEEDER carriers specialising in the intra-Asia trade are needed to cater to the strong growth of the region. said a senior industry official. At the SingaPort '91 conference yesterday, Sumate Tanthuwanit, managing director of Thailand-based Regional
      479 words
    • Article
      Lock icon Hongkong Telecom lays off workers
      141 33 Reuter HUNDREDS of workers gathered outside the headquarters of Hongkong's privately owned telephone company yesterday after 1,100 redundancies were announced. Hongkong Telecommunications Ltd (Hongkong Telecom). which has the franchise for both domestic and international telephone services out of the colony, announced it was laying off
      Reuter  -  141 words
    • Article, Illustration
      Lock icon Sumitomo delivers double-hull ship to Panamanian firm
      284 33 Asahi A JAPANESE shipbuilder said in Tokyo on Monday that it was ready to deliver to a Panama-based shipping firm a double-hull oil tanker, the first ship to be in compliance with a new US law. Sumitomo Heavy Industries Ltd said the 95.000-ton
      Asahi  -  284 words
    • Article
      Lock icon Japan's hopes for energy lie tucked away on southern island
      716 33 Reuter ON THE southern island of Kyushu stand the pillars of Japan's energy policy. There, tucked away under a mountain, is Japan's first underground oil stockpile, nearby is the world's largest oil transhipment and storage terminal, and by another mountain
      Reuter  -  716 words
    • Article, Illustration
      Malaysia unveils port privatisation plans
      399 33 MORE DETAILS on Malaysia's port privatisation plans were unveiled yesterday by a senior government official. In a speech delivered on behalf of Dato Dr Mohd Nor bin Abdul Cihani. Malaysia's secretary-general. Ministry of Transport. SingaPort '91 conference delegates were told that a regulatory body will
      399 words
    • Article
      Lock icon Port workers issue strike warning
      189 33 AFP JAPANESE harbour workers will refuse to handle cargo on Sundays starting this week, boycott container cargo from April 8 and stage a 72-hour strike from April 13 unless their demands are met. Union leaders said yesterday the action will go ahead unless port managements
      AFP  -  189 words
    • NEWS SUMMARY
      • Article
        Aeroflot service: serfdom in the skies
        34 33 AEROFLOT is a monopoly surviving very much like the spiritless party monopoly that created it. A look at the kind of service the Soviet airline offers Page 2
        34 words
      • Article
        P and 0 profits tumble 30pc
        61 33 PENINSULAR and Oriental Steam Navigation Company, one of Britain's oldest firms, on Tuesday blamed a 30 per cent fall in 1990 pre-tax profits on recession and the Gulf crisis. adding it was still not out of the trough. I* and O chairman Lord Jeffrey
        61 words
      • Article
        Police patrol Albanian port
        56 33 POLICE and soldiers patrolled the Albanian port of Durres on Tuesday after elashes with would-be emigres in which 28 people were hurt, a journalist said. Albanian police and soldiers used force on Monday to disperse hundreds of people gathered in the port in hopes of boarding
        56 words
      • Article
        Midway seeks bankruptcy protection
        35 33 MIDWAY Airlines Inc said on Tuesday that it had filed for Chapter 11 bankruptcy protection but will continue operating a full schedule of flights while it reorganises its operations Back Page
        35 words
    • LOG BOOK
      • Article
        Retirement age for pilots stands at 60
        79 34 THE US SUPREME COURT let stand the federal govern- j ment's long-standing rule that forces commercial airline pilots to retire at age 60. A group of airline pilots had appealed to the Supreme Court, asking the justices to require that the Federal Aviation
        79 words
      • Article
        BAe unit buys two properties
        72 34 BRITISH AEROSPACE pic property unit Arlington Securities bought two properties for £18.4 million as part of a major reorganisation of its oflice facilities. It said all its development activities, except retail, were moving to Reading from London. It said it paid £7.2 million tor a
        72 words
      • Article
        Qantas to raise Air NZ stake
        74 34 QANTAS AIRWAYS LTD confirmed it was negotiating with AMR Corp v tg raise its stake in Air New Zealand Ltd and said it expected "an approximate breakeven result" tor the year, with aircraft sales helping to offset losses on operations. The government-owned airline denied
        74 words
      • Article
        Soviet plane crash kills 31
        48 34 AN ANTONOV AN-24 passenger plane ran off the runway and crashed on Saturday, killing 31 people, as it landed at the airport in Tashkent, capital ot Uzbekistan, Tass news agency reported. The plane had arrived from Navoi, some 350 km southwest of Tashkent.
        48 words
      • Article
        Iran Air to increase fares
        77 34 NATIONAL CARRIER Iran Air has decided to raise its prices for international flights by 700 per cent trom April 3, in terms of the local currency. The same increase would apply to passenger fares, freight and all other charges. The price rise was seen in
        77 words
      • Article
        Honduran ship under repair
        52 34 THE Honduran-registcrcd refrigerated vessel Rio Cuyamcl is under repair at Brest, France, after its engine room and generator were damaged by flooding, Lloyds Shipping Intelligence Service said. The 5,656-dwt vessel suffered flooding off Portugal while sailing in ballast for the French port. It left Piraeus on
        52 words
      • Article
        Tug boat sinks off Indonesia
        72 34 A TUG BOAT has sunk in Indonesia's easternmost province of Irian Jaya. leaving five people dead and one other missing, the official news agency Antara reported on Tuesday. Antara quoted Alfian Husni, the tug owner ol PI llenrison, as saying the boat capsizcd last Saturday
        72 words
    • Article, Illustration
      Lock icon Serfdom in the skies
      952 34  -  Aeroflot is a monopoly surviving very much like the spiritless party monopoly that created it. Francis Clines takes a look at the kind of service offered by the Soviet airline Francis Clines NYT CARRY-ON luggage has been safely stored, including a cage of twittering birds, a
      NYT  -  952 words
    • Article
      COCKETT BUNKER MARKET REPORT
      871 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices tor a more comprehensive description ot the market. Prices shown are based on averagc-si/ed stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      871 words
    • Article
      THE SHIPPING GUIDE
      12231 42 l his is a list of ships loading w. at Singapore for ports around the world. It tabulates, by m destination, the name of the Nc ship, the shipping line in- jjvolved and the estimated Zll dates of arrival and departure M. from the Port of Singapore.
      12,231 words
    • Article
      SHIPPING AGENTS
      3365 47 Containerline NV: Bclsin Shpg Agencies Pte Ltd (SyMarinc Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte l td (SyAccord Contr Line (PK/PN). Vdkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) \hrenkiel l iner Service: Kim Shpg Trdg (S). Mbatros Sea-Air Service: Frala Shpg Pte Ltd
      3,365 words
    • Article
      COURIER SERVICES
      257 47 Abacus Couriers Tel 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel 748-6322 (2 lines), 747-7421. Fax: *****75. City-IJnk International Tel: 344-3377. Fax: *****50. Cluster l ink Supplies A
      257 words
    • Article
      AIR FORWARDERS
      1519 47 Abex Fxpress Freight Tel: 542-7171 Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Aetivmir Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033 Fax: *****05. \erospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Fxpress Tel 542-5454 Fax: *****06. Air Fxpress International Tel: 542-7666 Fax: *****74. *****50. Air
      1,519 words
    • Article
      PORT CONDITIONS
      2958 48 ARGENTINA San I orenzo: One vessel loading pellet ized meal; no vessels in roads. Romtm: Two vessels in port loading grain; 2 vessels berthed in ballast awaiting orders; wheat stocks ample; maize/barley stocks sufficient Villa C onstitution: One vessel loading grain; 1 vessel berthed in ballast undergoing repairs.
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    • Article
      Lock icon SHIP SALES & TANKER RATES
      626 48 SHIP SALES TANKER RATES Reuter AFP FOUR container ships were reported sold within Germany for around US$46 million en-bloc. The vessels are the 1985-built Ruhland/Rubeland each of 18,155 dwt and the 1986-built Sohland of 18,155 dwt and Fahrland of 18,070 dwt. VESSELS ON OFFER BUM IFvia Nopal Cherry; 18,863 dwt
      Reuter; AFP  -  626 words
    • Article
      AIR FREIGHT SCHEDULE
      459 48 ARRIVALS Op 1-light Type KIA 1 From TODAY KAl KE697 B747F 0220 1 SEL NCA KZ203 B747F 2005 1 NRT KAl KF.685 A30F 2345 1 SEL/MNL TOMORROW JAL JL6I5 B747F 0235 1 NRT THA T( »041 IX 8F 1410 1 BKK/KUL SIA SQ/ B747F 1740 2 LON/BOM
      459 words
    • Article
      CRUISE & FERRY SCHEDULES
      346 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Ports of Calls Port Agent MARCH 30 30 Cora Princcss 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 31 01 Song of Flower 1200 2300 Phukct-Sin-P Senbu Neptune Agencics APRIL 03 03 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 03 03
      346 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        579 49 Vessel Voy No Berth Arrival Oepartive Vessel Voy No Berth Arrival Oepartive Keood Wharves Sosnogorsk 1/91 P4A 2703/1500 2803/0600 Ms Endeavou 02EB C10 alongside 27 03/2300 lomoh 1 0391 P3E 2703/1900 2903/0600 Grace Luna 1 K29 alongside 28.03/0700 Kota Akbar E 890 K31 alongside 2703/1500 Sembawang 2703/1900
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      • Article
        CONTAINER SCHEDULE
        1327 49 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Record Bookint/Balance Rstts Sty Voy No Etb/Btr Period From To From ACX Rose 11 28/2300 1 27/1500 27/1659 27/1900 2 27/1700 28/0659 28/0900 Aka Bhum 4/6N 28/2000 1 27/1500 27/1659 27/1900 2 27/1700 28/0659 28/0900 Ambas Bodge 33 29/1300 3
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        IN MALAYSIAN PORTS
        262 49 Pemng Port Berth in Butter*orth on March 28" 1 Frtdrich Engles; 2: (Ypan Haoov 3 Malavan Princess 4 ml 5 nil 6 Ocean Centaurus Penan? Wharf: NB Chin Esair lin; CB nil; SB Song of BCT: Bl Ikan Selar: 81l Star Jasmine; l/B Pelego Iso yQjp n
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    • Article
      DAILY FREIGHTS
      1087 49 CHARTERING on the dry cargo freight market on Tuesday was routine as details emerged of an easier U5523.75 paid for a prompt grain shipment on the key US Gull to Japan route, brokers said. Implied rates on the futures exchange lor April were even lower. But some brokers
      1,087 words
    • Article, Illustration
      Lock icon P and O profit tumbles 30pc
      330 50 Recession, Gulf crisis blamed for poorer results Reuter PENINSULAR and Oriental Steam Navigation Company, one of Britain's oldest firms, on Tuesday blamed a 30 per cent fall in 1990 pre-tax profits on recession and the Gulf crisis, adding it was still not out of
      Reuter  -  330 words
    • Article
      Lock icon Midway seeks Chapter 11 bankruptcy protection
      353 50 UPI MIDWAY Airlines Inc said on Tuesday that it had filed for Chapter 11 bankruptcy protection but will continue operating a full schedule ot flights while it reorganises its operations. The Chicago-based carrier, which operates flights to 53 destinations in the US, Virgin Islands
      UPI  -  353 words
    • Article
      Lock icon Police patrol Durres port after clashes
      303 50 AP POLICE and soldiers patrolled the Albanian port of Durres on Tuesday after clashes with would-be emigres in which 28 people were hurt, a journalist said. Albanian police and soldiers used force on Monday to disperse hundreds of people gathered in the port in
      AP  -  303 words
    • Article
      Lock icon Renault earnings fall sharply
      292 50 AP FRANCE'S state-owned car maker Renault said on Tuesday that its profit plunged 87 per cent last year, due in part to a sharp fall in car sales. Net earnings fell from 9.29 billion francs in 1989 to 1.21 billion francs last year, said president Raymond
      AP  -  292 words
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      141 33 BSWEE HENG METAL CO PTE LTD No 13, Tuas Avenue R S'PQRE 2263 FAX: 861 2946 X TEL 661-5655 (5 LNES)f Sote Agent TLX: RS ***** SHMCPtj MM Commercial Cleaning I ammmm a Equipment Industrial Maintenance Equipment Also buy .sell rental repair > M p :i iSp%Wtm i 1 4
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      Page 33 Advertisements Column 2
      51 33 Air Forwarders 15 Air Freight Schedule 16 Cockett Report 2 Container Schedule 1/ Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 17 lnde« to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shipsales'Tanker Rates 16 Ships in Port 17 Singapore Tides 17 Weather and Sea Conditions
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      Page 34 Advertisements Column 1
      90 34 FOR SUCCESSFUL MANAGEMENT OF YOUR SIMES !m mi 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
      90 words
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      Page 35 Advertisements Column 1
      2318 35 mmM 200 Cantonment Road #1? OS Southpoint, Singapore 0208 \lllf# Tel *****11 TELEX NO RS ***** ■fßlia TERMINAL/CFS H *****18 220 rßmfll BOOKINGS Tel *****34 258 L Vfflf A PESAKA JARDINE SHIPPING ACINCIES rt)RT KELANG TEL *****18 TELEX NO MA*****/MA39/01 PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 D«*dicrttf<:l
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      Page 35 Advertisements Column 2
      935 35 MDEXI TO ADVERTISERS Col Page Col I HI I ~1 AHT Containeriinc 12 I Mac-Ncls Agcncics 14 1/2 Accord Ciroup 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 3 Macrsk Line 3 4/5 Allied-Link 16 4/5 .MIST 14 1-3 APL 5 3-5 «M*sia Shpg Corp 9 1/2 APC Line 13
      935 words
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      Page 35 Advertisements Column 3
      2292 35 ■Eawnfii NEXT VESSEL TO U.S.A. MARGRETHE MAERSK V 9104 ETA 2/4/91 Vessel Voy EtA I EID 'Port *Penang DESTINATIONS Singapore Keiang Ihi% weofc Margrelt** MaefSh 9104 Feeder by 2/4 0000 mrs Farco i^Bl■■■ ■■■IHV CFS IM MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NVC MON
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      Page 36 Advertisements Column 1
      1310 36 ROTTEDAM/I 1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE BIBHB] MONTE ROSA 12/312 31/3 17/4 19/4 22/4 23/4 IUfSUjI KASUGA I 14/112 1/4 21/4 19/4 18/4 ELBE 04/113 4/4 25/4 23/4 22/4 1. ALL WESTBOUND P BREMEN EXPRESS 02/313 8/4 25/4 27/4 30/4 31/4 KELANG i PENANC CARGO
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      Page 36 Advertisements Column 2
      540 36 j DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2003E 1/4 12/4 15/4 20/4 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOHA PAGO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN lOQ ANF VAP CALLAO SAN (PERU) ANTONIO SEASPAC I 2003E 1/4 3/5 4/5 8/5 9/5 7/5 Agents SINGAPORE: *****11
      540 words
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      Page 36 Advertisements Column 3
      1526 36 1 &swm REGULAR INDEPENDENT FULL CONTAINER SERVICE W£&T66UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL 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 07/05
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      Page 37 Advertisements Column 1
      2040 37 Sgsteamers Maritime Holdings Ltd Containers ACCEPTS DUt SAILS »c» No Pen, Pill S'pore Al| Sou Ant Rot Mbg CARGO LUNA HAfRSK 9104 24/03 25.03 2903 11,04 IM» 15,04 1704 n d. x 2AGREB EXP 0590 23,03 2V03 30/03 2004 2104 2104 BINTANC BEL AIT VObE Bint, M<ri, KB Daily In
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      Page 37 Advertisements Column 2
      1734 37 mu TO- U S A /PANAMA PMr U.S. A/PANAMA V OAK IGB CHI fDf SAY *0* NYC MTC NOR SAY CHI IM OAK V j CHOtAMC VIC TO*Y If 1M I*4 U/l 21/4 2M W 2M «lAN SfN DA 107 lt/1 2/2 4/2 *2 W *M 20,3 I SINGAPORE StKAtOA
      1,734 words
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      Page 37 Advertisements Column 3
      384 37 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR YOKOHAMA NAGOYA AND OSAKA M.V. COSMIC CHALLENGER V 6 ETA SPORE 11/4/91 ETA PK 14/4/91 ETA OSAKA 26/4/91 ETA NAGOYA 28/4/91 ETA YOKOHAMA 30/4/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA
      384 words
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      Page 38 Advertisements Column 1
      787 38 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI/VOY [SPORE ROAM; ADAM HBURG BREMEN ANTWERP SKIWIJAYA/31WB U/4 13/5 19/5 25/5 28/5 KUTAI 22W8 30/4 8/6 14/6 6/6 26/6 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO S«ab|ect to Inducement. Also accepting cargo to CaMblanca. Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTING
      787 words
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      Page 38 Advertisements Column 2
      780 38 J& Jfe 'M, HANJIN SHIPPING sw.lim BTM ANR HAM RRU FFI FEEDER VSL SIN LINE HAUL LAX OAK HAN UN SFATTIF 017W jSTIM I<, 4 Vft4 I*l W 4 18 4 HANJIN LEHAVRE 012E 31)3 H SINGAPORE 22/4 25/4 14 w 1J ill ,1 *1 HANJIN CHUNCIIU 07IE 1/4 DIRECT
      780 words
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      Page 38 Advertisements Column 3
      1320 38 PKI SGP HKC KSC KIC PUS HKT OSK NCY SHU TVO LAX CHS BAL NYC LHV ANN ROM THP HBC PSO CMB PKI SGP I t GROWTH Rl 031 In PI 2/4 1/4 S/4 1/4 10/4 12/4 13/4 14/4 15/4 2M *,'5 10/5 12/5 21/5 22/5 23/5 24/5 26/5 5/6
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      Page 39 Advertisements Column 1
      2029 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE *****22 DOCUMENTATION OEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 W/ NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelana-(03) *****87, Penano-(04) *****0, J.Bahru-<O7)
      2,029 words
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      Page 39 Advertisements Column 2
      1145 39 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 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND «SStIS VOrAGf |$PO« |M»*i J HRONG VOTAGI TsPoif PKLANC HBURC SHAVEN TIIBURT ROTT ANTWERP •I TMMMM
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      Page 40 Advertisements Column 1
      1705 40 K' *T' IK Y AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No **********0 M) TEL *****77 TEIEX KAWAKIRS23I6S FAX *****79 M \Jf MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I JKL Im A TEI PJ *****22 PK *****01/5 PENANG 6285/5 JB *****1 MHMMM KAWASAKI KISFN KAISHA III). INDONESIA P T
      1,705 words
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      Page 40 Advertisements Column 2
      854 40 PHILI OMCNT UN€5 PT€ LTD 108 ROBINSON ROAD »07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69'*****00 TELEX RS ***** PHILI FAX **********6238 BY AIR, LAND OR SEA SJfcaay WE TAKE ON THE WORLD FOR YOU member of Singapore: freight forwarders association *hBi 6 APR MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO.
      854 words
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      Page 40 Advertisements Column 3
      441 40 golden line A I>o*V guan guan shipping TfiS*X\ (PTE) LTD —23. Telok Ayer Street SINGAPORE 0104 TEL 5J***** (10 LINES) Far SJ43SO4 (CR No **********0W) ITIUITI TCMIAW CULT WttViCT S pore P Kelang Penang GOLDEN WONDER Colombo Kit**. Dutui In Port GOLDEN HAVEN Colombo Karachi Dubai 810 Apr CHINA SEKVICE
      441 words
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      Page 41 Advertisements Column 1
      1490 41 aaagPff pacific international lines (pte) ltc M Jfav P'L Building, 140 Cecil Street KXHX), Singapore 0106. I JAKARTA I f nAKaKOK 1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN MEKHANIK KURAKO 54N 30/3 1/4 5/4 INGENUITY 126N 30/3 2/4 < BUNGA TERATAI 133 31/3 2/4 7/4 SEA
      1,490 words
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      Page 41 Advertisements Column 2
      1103 41 i/ BEN LINE CONTAINERS LID A 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 SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN CGM Paris' 076 30/3 20/4 22/4 Benavon t 088 1/4 18/4
      1,103 words
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      Page 41 Advertisements Column 3
      93 41 m Ih.\ ASIA CONTAINER SERVICE I Spore 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 Fan: *****63 iNational Carrier of Jordan)
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      Page 41 Advertisements Column 4
      353 41 tagß MYANMA tpßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg HTONEYWA V264W 31/2 Apr MYOMAYWA VIJ4W 3/6 Apr 31/2 Apr THE BANK UNE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I BUNKER
      353 words
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      Page 44 Advertisements Column 1
      683 44 TO AUSTRALIA/NEW ZEALAND r*i[ Ism If rem llfeib |Syd Uuck NPt |P CHALM TNT EXPRESS 2M 2M i/S jfi I?~5 W5 1«,5 21,'5 ELLEN HUDIG 270 lfcs 215 Uti 2/4 slt BRUSSEL 271 »5 It 10* M M ZM C VEROUK 272 Sit lit 244 St 5? tp TO USA/CANADA
      683 words
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      Page 44 Advertisements Column 2
      1169 44 SBySSSKKBIffiK^^ICES^^^^^MALACC^TRAIT^EEDE^ERVIC^^ I OUTBOUND VOY PKL PNG JKT I SIN I HKG KAO KEE TYO SIM NGO KOB~|| VESSEL VOY ISIN jPKL PNC BLW_SIN CALIFORNIA CARRIER3B "25 328 3 2 4 6 4 841? 4 13 4 14 4 EQUATOR PWIOE ISA 30 3 I_4 4_4_ ACX D AISY H 64
      1,169 words
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      Page 44 Advertisements Column 3
      180 44 P.T. UNITED SHIPPING IoF ORGANISATION LTD 4 OmtCTRCGUUMSa-RMCfS 4. JAKARTA SURABAYA* WRECT REGULAR SERVICES TO JAKARTA 1 SURABAYA Accept cargoes to all other Indoaeslan parta 4 with transhipment at Jakarta or •■ratoajra. if DESTINATION ETA ETO VSL JAKARTA 31/3 1/4 P. KALIMANTAN 5/4 6/4 P. SUMATERA 9/4 10/4 P JAWA
      180 words
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      Page 44 Advertisements Column 4
      1512 44 ffet mii 4t 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2, MISTRI ROAD, HMC BUILDING TELEX iJI S ££jL£ #15 00. SINGAPORE 03)7 rARI F C« NO **********0 M CABLE CUSTAKLirit General Agents: GO6TAR SHIPPING PTE LTD TO HONGKONG AND CHINA FROM HONG KONG ANO CHMA VESSEL VOY
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      Page 45 Advertisements Column 1
      1007 45 Vessel PKL PNG P C Loading for VESSEL 28 03 Rotterdam Antwerp CHINA mi CONTAIN!* «MVIC» Vessel SGP PKI BKK HKG QIN SHA VANCFANGHOU 147 02/04 0304 07 04 12 04 18 04 VANCFANGKOU 149 03 th 04 0b 081b 1305 1905 A'so Keeping other Chinese ports HKG I' AUmAUAW
      1,007 words
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      Page 45 Advertisements Column 2
      270 45 SPCHFIELD MARINE AGENCIES (S) PTE LTD St TEL: *****33 (12 Lines) «m FAX: *****15/*****03 pi TELEX: RS ***** RISHIP (3 Lines) \\J&\ ETHIOPIAN SHIPPING LINES y~ (National Lines of Ethiopia) ~ACCEPTING FCL AND CONVENTIONAL VESSEI I VOY ETA IiOAOING FOR SP( ABBAV WONZ <>BWB 10/05 DARESSAI AAM MOMBASA DJIBOUTI ASSAB
      270 words
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      Page 45 Advertisements Column 3
      762 45 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ S?N OKUNO/E
      762 words
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      Page 45 Advertisements Column 4
      884 45 SYDNEY/MELBOURNE BANGKOK VtSStl S PORt 51? VCSStI VOY SINGAPORE BANGKOK PIAWtT 0447 024V4 15 16/4 18 20/4 JENLINK 48N In Pt 2t13 Sun 31/3 w m nr H 3 S V 1 WANA ■HUM#' rn Thu r 4/4 P.KELANG/PENANG/KUANTAN MAHA BHUM# S2N M™ 1/4 TIW 4,4 VSL VOY S POKE
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      Page 46 Advertisements Column 1
      1356 46 'm. ▲m MAC-NELS SIN6APORE|[ EXPORT TEL *****22 IMPORT TEt: *****02 PENANG TEL (04) *****6 KK TEL (088) *****01TAWAU TEL (089) Z/86/9 I P KELANG TEL (03) *****/7 KUCHING TEL (082) *****3|5KAN TEL (089) *****2 l~IY"/\~ )j BAHRU TEL (OH *****2 SIBU TEL (084) *****2ISAHIKEI TEL (084 *****8 \=T JAKARTA TEL
      1,356 words
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      Page 46 Advertisements Column 2
      396 46 BLUE star line SINGAPORE TO NEW ZEALAND AND T/S FIJI KITM.Y CONTAINKKISKD MONTHLY SAILINGS DISCHARGING AT NKAV PLYMOUTH POUT CiIALMKRS AtTKPTING K'l, I .CI. FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCIIURCH, DUNKDIN. LYTTKLTON. INVERCARC.iI., FIJI ANI) TAHITI SIN N PLY AUCK IYT PREMIER 11S 6 Apr 18 Apr Via NPI 20
      396 words
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      Page 46 Advertisements Column 3
      1065 46 /SS] THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****77 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH HHIt m. El fttj vessel fm eta best KIM SOON LI 11/91E 30 MAR
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      456 49 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) HOI* 0000 0100 Q2OO 0300 0400 OVX) 0600 0700 OSOO **********00 1200 *****400 *****600 **********00 2000 2100 2200 2301 JR 22 18 14 1.1 1.0 1.0 12 13 22 2 7 29 28 25 20 1.4 09 06 04 05 08 1.4
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      Page 50 Advertisements Column 1
      381 50 CHARTPOINT Every Saturday in Business Times PT. PELAYAfIAN. SAMUORA AGUNG KUALA SIAK IV 1/4 BATU AMPAR/SEKUPANG/BATAM TSS 01 2/4 DUMAI/PEKAN BARU ABADI JAYA 5/4 DUMAI/PEKAN BARU KUALA SIAK V 30/3 PALEMBANG S vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in
      381 words
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      Page 50 Advertisements Column 2
      692 50 JkHYUNDAI 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 PIONEER ME 29/3 4/4 22/4 25/4 28/4 27/4 H ™NOAI PIONEER 3WJ 26/2 1/3 2,3 2L 3 30 3 LALANDIA 39E
      692 words
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      Page 50 Advertisements Column 3
      629 50 CHARTPOINT Every Saturday in Business Times Fwd»r from Vo, PMC PKI Mother Vnstl Vo, SIN LA* OAK MOU DAI CHI. NOR MEM NYC OUR USA I AAA BHUM V 474N —2» 1 AIIIGATO* VICTORY V ***** IT 20 4224 23 4 21,4 24 4 24,4 24 4»T SERVICE CALLS K
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