The Business Times, 8 April 1991

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 16/12/90 Monday, April 8, 1991 75*
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  • NEWS SUMMARY
    • 60 1 CHINA is to launch a lobbying campaign aimed at winning renewed most-favoured-nation (MFN) trade status from the US. A 10-membcr team of leading officials in charge of intellectual property rights is to visit Washington in mid-May. The visit is timed to coincide with US
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    • 66 1 CHANCELLOR Helmut Kohl was greeted with cheers and jeers yesterday in Erfurt on his visit east of the old inter-Ger-man border since his election triumph in December. Economic difficulties have eroded Mr Kohl's popularity in the former German Democratic Republic and about
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    • 42 1 AT LEAST 82.7 per cent of Singapore's total office space will be absorbed by 1994. but an islandwide occupancy rate of 86 per cent is more likely, according to a study by property consulting firm Richard Ellis Page 2
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    • 27 1 WITH a shrinking supply of timber from other sources, more companies in North-east Asia are turning to Sarawak to meet the shortfall Page 7
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    • 28 1 A US SENATOR has said that there are still obstacles to the lifting of the economic embargo placed on Vietnam by the US Page 8
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    • 51 1 A LARGE PORTION of Americans, far more than the 6.8 per cent who are now unemployed, have been deeply stung by the recession and may be in no position, financially or psychologically, to help bail out the economy by going on a shopping spree, a poll shows Page
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    • 28 1 HYPERION'S mammoth project to record each of Schubert's more than 600 songs looks set to become an important milestone in the history of record-making Page 21
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    • 34 1 COMPAGNIE Generate Maritime of France expects its container traffic between Europe and the Far East to grow by 50 per cent in the next four years. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 35 1 LOCAL and foreign brokers are generally sceptical about the future of Clob International once trading on the Kuala Lumpur Stock Exchange goes completely scriplcss in two and a half years Page 3
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    • 33 1 AS PART of Cerebos' plans to shift its chicken essence production facilities to Thailand, it has invested 160 million baht (Ssl 1 million) to install machinery there Page 3
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    • 26 1 RESULTS of listed contractors released in the last two weeks have painted quite a gloomy picture of the construction business Page 3
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    • 32 1 ONE RESULT of the recent coup in Thailand has been the approval of funding for a major fleet expansion to help Thai Airways meet growing competition Page 4
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    • 28 1 AN annual profit growlh for Wharf Holdings of at least 23 per cent in the years to 1995 is forecast by Nomura Research Institute Page 4
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    • 37 1 MALAYSIA'S move to set up its first credit rating agency, expected to be operational later this month, will go a long way in procuring long-term Japanese capital, says a Japanese financial expert. Page 6
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    • Article, Illustration
      26 1 Friday Change BT-MGA 734.97 +0.14 Kuala Lumpur ...591.14 -0.03 Tokyo 26.767.33 +77.52 Hongkong Closed Sydney 1,456.4 -3.4 New York 2,896.78 -27.72 U>ndon 2.545.3 +20.8
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    • 19 1 Exchange rates USS SSI.75% 100 Yen SSI.2910 MS SS0.6403 Money market rates Overnight 4-1/2 +1/4 3-month 4-11/16% unch
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    • 37 1 London Gold AM fix USS358.30 US50.20 Rubber Spore May. l44.50«/kg -1.00 M'sia May 225.50'/kg -0.50 KL Tin Turnover 46 tonnes -4 Spot MS 14.80/kg -0.01 Crude palm oil Turnover 1,184 lots +-198 Apr MS787 /tonne +2
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  • 490 1  -  Contract to supply in-flight meals a breakthrough By Loh Hui Yin A SINGAPORE Airlines subsidiary and its partners have made a breakthrough by winning the right to supply in-flight meals in Japan, a lucrative business that up to now has been the
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  • 393 1  -  By Jean Wee SINGAPORE Airport Terminal Services (SATS) is scouting around for land on which to build another inflight kitchen, and may even look to the private sector for the site. Mr Chris Lee, general manager of SATS Catering, said the
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  • 229 1 AP THE PROPOSED IndonesiaMalaysia Joint Commission for problem solving would not duplicate work of the two nations' General Border Committee, said Foreign Minister Abdullah Ahmad Badawi on Sunday. Me said the joint commission was meant not only to bolster trade
    AP  -  229 words
  • 105 1 THE DAYS of talking are over. It is time to get down to action, declares Peter 800, who now leads the Association of Small and Medium Enterprises. At the top of Mr Boo's action plan is money. "We have got to do something to help
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  • 225 1 Reuter AUSTRALIA'S corporate watchdog said yesterday it had reopened investigations j into media tycoon Rupert Murdoch's newspaper opera-; tions in the country. The Trade Practices Commission (TPC) is examining if the Sun and Sunday Sun. published in Brisbane, and the Adelaide Ne*s are
    Reuter  -  225 words
  • 70 1 WITH the release of corporate results in the last mo weeks, several developments are worth noting. For one, trading companies are Finding that their bottom line lies not in trading per se. In fact, diversification may hold the key to their survival. At the same time,
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  • 169 1 FORMER director of Commercial Affairs Department, Mr Glenn Knight, who is being investigated by the Corrupt Practices Investigation Bureau, has been warded at the intensive care unit of the Tan Tock Seng Hospital. Mr Knight is said to have been warded for a few
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  • 342 1  -  By Harish Mehta GOLD-CRAZY Indians in Singapore and other countries may soon be allowed to import the coveted yellow metal into India in a major policy reversal by the Indian government which is keen to woo the metal into the
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  • Page 1 Advertisements
    • 273 1 JjP Cultured Pearls |B Since 1893 \fUM KAMPOOLI I V JLWLLLLRS fli M* f Mi Orchard Rojd 1 001-071'ld/J Singjpurj (Ground Hour) Singapore 0425 torcratt Schedule... 29 Market Reviews 24 World News 8.10 The Arts 19.21 Money Changer Rates 29 Commodities 28 Money Market 27 For market indices, editorial, Cryptic
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    • 7 1 New thrust for small enterprises, Pg 13
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    • 140 1 1 Dulux THE BETTER PAINT |U— Analysis, Pg 12 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. Vou can t afford to be late. So, wouldn't you
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  • HOME NEWS
    • NEWS ROUNDUP
      • 106 2 IHE GOVERNMENT has appointed 12 members to its high-level committee that will review Singapore's health polices. The committee is headed by Minister of State for Health, 1 >r Aline Wong. Health Minister Yeo Cheow Tong told the Singapore Broadcasting Corporation in an interview last night ut
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      • 93 2 I HE Minister-in-charge of Muslim Affairs, Dr Ahmad Matfu, said he was cheered by the Malay Muslim response to the second survey done on the Gulf War after the ceasefire. Hut this does not mean he opposes the results of the first survey. Speaking at
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      • 63 2 \STROL SINGAPORE has become the first lubricant »nipany here to be certified under the Good Manufacturing Practice (GMP) scheme by the Singapore Institute of Standards and Research (Sisir). The award certifies that i istrol has met the quality standards for Quality Assurance r?i production and installation
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      • 64 2 i ME UNIVERSITY of Wisconsin of the United States, jizer to share the trade and investment opportunities in vlsconsin, will provide free business matching services at a niinar tomorrow at the Singapore Manufacturing Association House. Ng Chung Man, director of the Department of Development (Asia), will
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    • 181 2 \V 11 AT developing countries need are investors who are billing to spend a little more i i protect the natural heritage md the environment, said Environment Minister Dr Ahmad Mattar. Economic growth and a healthy environment are not conflicting objectives. In fact, pollution incurs extra costs
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    • 768 2  -  Optimism in a study by Richard Ellis By Salil Tripathi AT LEAST 82.7 per cent of Singapore's total office space will be absorbed by 1994, but an islandwide occupancy rate of 86 per cent is more likely, according to a study by propertv
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    • 434 2  -  By Genevieve Cua CHEMICALS GIANT Du Pont is scouting for a suitable site for a multi-million dollar research and development facility for the Asia-Pacific, an investment that will enable the company to tailor-make products for the region. The company's senior vice-president for
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 509 3  -  Reaction to Nik Din's remarks on seripless trading in KL By Magdalene Ng LOCAL and foreign brokers are generally sceptical about the future of Singapore's over-the-counter market, Clob International, when trading on the Kuala Lumpur Stock Exchange (KLSE) goes completely seripless in years.
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    • 381 3 Bernama EDARAN Otomobil Nasional Bhd (EON), Malaysia's do mcstic distributor of the Proton Saga, expects its sale of parts and service charges to be more than the 20 per cent in turnover contributions reported for last year. Mohd Nad/.mi Mohd Salleh,
      Bernama  -  381 words
    • 373 3 Bernama GRANDY's, the fast food chain operated by the MBf Holdings group, has taken on a more contemporary image and is poised to take a larger bite of the Malaysian fast food market, company officials said at the weekend. To put its
      Bernama  -  373 words
    • 591 3  -  THE HOCK LOCK SIEW COLUMN Bv Lee Han Shin RESULTS of listed contractors released in the last two weeks painted quite a gloomy picture of the construction business. The biggest local contractor in Singapore, Lum Chang, is presumed to have again lost
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    • 254 3 AS PART of Cerebos' plans to shift its chicken essence production facilities to Thailand, the leading food-based company has invested 160 million baht (Ssll million) to install machinery in a plant there. According to The Sat ion. the plant which is located in
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    • 250 3 Bernama THE MALAYAN Railway (KTM) can be corporatised on January I next year if a bill on its privatisation is passed by Parliament at its session in June, KTM general manager Abdul Rahim Osman said on Saturday. The bill would remove the technical problems
      Bernama  -  250 words
    • COMPANY BRIEFS
      • 111 3 BASED on expectations of continued growth of the Malaysian economy, the East Asiatic Co projects this year's results to be at least on par with 1990'5. Chairman Henning H Sparso said in the company's 1990 annual report that its group results for last year
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      • 78 3 WING TEIK Holdings Bhd has proposed to enter into two separate sale and purchase agreements to acquire the entire stake of Wing Teik Ductile Iron Pipe Sdn Bhd and a piece of industrial land measuring 1.2 hectare in the Mukim of Damansara. The purchase of WTDIP
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      • 114 3 THE SEVENTH interest payment on the Cagamas bonds 1/87 issued on Oct 19, 1987 is due and payable on April 15, 1991. says Cagamas Bhd. In a statement last week, Cagamas said under the scripless securities trading system, the interest payment will be made to
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      • 86 3 INDUSTRIAL Oxygen Incorporated Bhd plans to exploit any development potential for super profits from its plantation operations by developing them itself as well as via the outright sale of land. Answering a query from the Kuala Lumpur Stock Exchange, the company said that this was
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  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 69 4 SOUTH KOREA'S giant Hyundai conglomerate plans to invest in vehicle manufacturing in China, a company spokesman said on Sunday. The spokesman told reporters that Chung Ju-yung, Hyundai's founder and honorary chairman, was expected to visit Beijing in the next few months. Chung said
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      • 104 4 PAPER and packaging group Amcor Ltd said it has sold its 50 per cent stake in food packaging manufacturing group Deeko Australia Pty Ltd for US$l2 million (5521.1 million). The sale to Deeko partner, Bowater Tissue Ltd, subsidiary of Bowater Industries Australia Ltd, follows Amcor's
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      • 110 4 FUJIKURA LTD, a major manufacturer of electric wires and cables, has reached an agreement to form a joint venture with Pirelli SpA, one of Italy's largest cable manufacturers. It was announced on April 2. The proposed joint venture, PSF SpA, will make telecommunication cables. The company will
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      • 66 4 SOGO, a major Japanese department store chain, has paid 4.4 billion yen (Sss6 million) for the famed seafood restaurant Prunier and the building it is located in near the Arc de Triomphe. The restaurant, which was closed about 18 months ago when the owner and operator
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      • 87 4 C ITOH Co, a major Japanese trading company, has formed a joint venture with the British firm Wembley Leisure Ltd to operate discos and other entertainment ventures in Japan and overseas. The new company is capitalized at about 50 million yen (*****.500), 51 percent of which
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      • 72 4 INTEL CORP has stopped buying memory chips from Japan's NMB Semiconductor Co Ltd, but agreed to supply the firm with technology for a new type of chip called "Rash memory". These chips, in strong demand for use in notebook computers, can be erased and written over.
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    • 605 4 IHT ONE RESULT of the recent military coup in Thailand has been the approval of funding for a major fleet expansion to help the national airline. Thai Airways International Ltd, meet growing competition. Using its close connections with the Thai air force, the state-owned airline
      IHT  -  605 words
    • 320 4 HUTCHISON Telecommunications (Thailand) Co, a joint venture between Hutchison Telecommunications and Loxley (Bangkok) Co, is prepared to invest a large sum in four infrastructure projects in Thailand following its pagers business. The Nation reported on Friday. The projects will lead to the provision of cordless phone,
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    • 284 4 THE Shenzhen stock exchange, which opened quietly on an experimental basis on Dec 1 last year, has finally been approved by the People's Bank of China, Chinese stock exchange officials in Beijing have revealed. The South China Morning Post reported on Friday that the
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    • 210 4 AN ANNUAL profit growth for Wharf Holdings of at least 23 per cent in the years to 1995 is forecast by Nomura Research Institute, the South China Morning Post reported over the weekend. In a special report on Wharf, Nomura says the company's prospects
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    • 233 4 HONGKONG electronics company Wong's International (Holdings) is setting up a marketing office in France to strengthen its hand in the single European market after 1992, the South China Morning Post reported on Saturday. Chairman Johnny Wong Chung-ah said the new office, due
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  • Page 4 Advertisements
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    • 90 4 m ATM-CMmtt n»furant y AT M 'NEW' Y<®RK. It's literally in the air All over the refurbished York Hotel It may be piquant whiff of exotic spices from Thai curries Or the light fragrant taste from Braised Chaozhou Goose Or any other dish on the menu of Zen Restaurant... depending
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  • INTERNATIONAL COMPANY NEWS
    • 291 5 Reuter NV PHILIPS Gloeilampcnfabrieken said the positive effects of its reorganisation might not become apparent until later than it expected, but it still forecasts a profit for 1991. "The possibility cannot be ruled out that, as a result of stagnating sales, the positive
      Reuter  -  291 words
    • 170 5 Reuter THE FRENCH Finance Ministry has published a decree authorising private firms to buy minority stakes in nationalised firms, provided the parties involved enter into industrial, commercial or financial agreements. It was unclear whether the decree, marked a further relaxation of state control over
      Reuter  -  170 words
    • 288 5 Reuter A FIRST quarter earnings rout, begun when IBM issued a warning to Wall Street, is likely to shake the technology sector. But analysts remain hopeful these favourites during the winter rally will revive business soon. "Nothing ever turns on a dime
      Reuter  -  288 words
    • 329 5 Reuter LINOTYPE AG of Germany said it expects flat 1991 sales and earnings due to restructuring moves and sluggish growth in several key markets. The world's largest producer and supplier of image setting and reproduction technology trimmed its 1990 dividend to 13 Deutschemarks (5513.7)
      Reuter  -  329 words
    • 160 5 Reuter ENRON CORP, the dominant US natural gas pipeline company, expects its overseas operations to show particularly strong long-term growth, chairman Kenneth Lay said. "If there is any one significant shift I would expect over the next five years, it would be with our international
      Reuter  -  160 words
    • COMPANY BRIEFS
      • 138 5 BASE-METAL giant Cominco Ltd, whose 1990 earnings tumbled to 65 cents per share from C 52.64 per share the previous year, said it is looking forward to a better year in 1991 and a quick earnings rebound once the North American economy recovers. "I
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      • 87 5 NEWS that the supervisory board of Hoesch AG will hold an extraordinary meeting today has fuelled hopes the current leadership crisis at the German steel and engineering group could soon end. Hoesch declined comment on reports that Kloeckner-Humboldt-Deutz chairman Karl-Joseph Neukirchen will be named Hoesch chairman
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      • 98 5 AMOCO Corp sees stricter environmental regulations cutting deeply into its capital spending budget, costing it up to US$4 billion as it races to meet federal Clean Air Act mandates by 1995. "It will probably be physically possible to meet clean air deadlines but the real
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      • 82 5 ROCKWELL International Corp said it plans to sell its Network Transmission Systems Division, which with annual sales of US$5OO million represents about half of its telecommunications business. Rockwell chairman Donald Beall also said he expects second quarter share earnings to be somewhat below the 70 cents reported
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      • 93 5 WARNER Bros, the studio subsidiary of Time Warner Inc, said it entered into an exclusive three-year distribution deal with Morgan Creek Productions for all US and Canadian distribution rights to a planned slate of about two dozen films. Morgan Creek is an independent Los Angeles-based film studio
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 92 6 MIDLAND BANK chairman Sir Kit McMahon said the bank's performance would show a radical improvement when the economy eventually picked up, but there was little sign that relief would be immediate. Sir Kit, who steps down as executive chairman in June, said in
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      • 71 6 THE Philadelphia Stock Exchange has received a proposal from another exchange to merge their options businesses. Traders said the offer came from the Chicago Board Options Exchange. In a memo to members, the Philadelphia exchange said it halted trading of membership seats because of the
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      • 78 6 PREPAYMENTS on Federal National Mortgage Association mortgage-backed securities should accelerate further after a sharp rise in March, according to First Boston Corp. Prepayments occur as home owners repay mortgages in full, mainly to take out new mortgages at lower interest rates. Investors holding securities backed by these
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      • 56 6 THE Federal Reserve Board said it approved an application by Barclays pic and Barclays Bank pic, London, to acquire indirectly some assets of Bank America Corp unit BA Cheque Corp, San Francisco. The acquisition enables Barclays to issue and sell traveller's checks through its subsidiary Interpayment Services
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      • 58 6 BRAZIL paid US$3.B billion (Ss6.B billion) interest on its $122 billion foreign debt in 1990, a central bank spokesman said. The spokesman said that $1.2 billion were paid to multilateral organisations the Inter-American Development Bank, World Bank and International Monetary Fund. The Paris Club received
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    • 177 6 Reuter GARY STERN, president of the Federal Reserve Bank of Minneapolis, said proposed reforms of the US deposit insurance system sidestep "the moral hazard problem." Banks and savings and loans "take on more risk than they should, especially since insurance coverage is virtually without limit,"
      Reuter  -  177 words
    • 435 6 Reuter KUWAITI BANKS, struggling to provide basic local services six weeks after the Gulf War, will need about one year to play an active role on world markets, a Kuwaiti economist said. Kuwait's Gulf Arab allies, meanwhile, should help the emirate, currently financing
      Reuter  -  435 words
    • 632 6 Expert expects it to stimulate inflow of Japanese capital Bernama MALAYSIA'S move to set up its first credit rating agency, expected to be operational later this month, will go a long way in procuring long-term Japanese capital, a Japanese financial expert said.
      Bernama  -  632 words
    • 368 6 Reuter BANK OF BOSTON plans to raise US$l billion (551.79 billion) if it wins the bidding to buy failed Bank of New England. This involves a $500 million private placement of common and preferred stock to 10
      Reuter  -  368 words
    • 186 6 Reuter IF THE US Securities and Exchange Commission decides Fleet/Norstar Financial Group accounted for equity losses incorrectly in 1990, the worst case would be a near doubling of Fleet's loss that year, Fleet's controller Irving Goss said. Mr Goss stressed the SEC has only
      Reuter  -  186 words
  • Page 6 Advertisements
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    • 331 6 Business Opportunities Abound wmmmm^m^mm Microelectronics Mafaysi'a'9l 23 26 July 1991 Putra World Trade Centre Kuala Lumpur Malaysia (Held concurrently with Internepcon/Semiconductor International Malaysia '91) The Ist presentation of the latest in electronic If you are an electronics manufacturer, supplier or components, sub-assemblies, parts, tools dies, distributor, Microelectronics Malaysia 91 will
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  • Page 6 Miscellaneous

  • THE REGION
    • 468 7  -  From Abdul Hadhi in SIBU WITH a shrinking supply of timber from other sources, more companies from Northeast Asia are turning to Sarawak to meet the shortfall. These companies, mostly from Japan and South Korea, used to source their supplies from Indonesia, Sabah, and
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    • 267 7 UPI THE INDONESIAN government has restructured excise rates for tobacco products in an attempt to promote production of less noxious tobacco than the country's famed clove cigarettes. In an effort to boost output and protect small and medium industries, the government's excise rates
      UPI  -  267 words
    • NOTE BOOK
      • 72 7 THE JOHOR government will consider various factors in its review of the rates for the sale of water to Singapore, State Secretary Datuk Abdul Rahim Ramli said yesterday. Apart from the cost aspect, the review would also take into account the
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      • 44 7 APPLICATIONS to set up new projects in Pahang will now be processed within 90 days instead of six months previously, an official source said. Prospective investors will now know the outcome on the 91st day after submission of their applications.
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      • 66 7 INDONESIA has revived a tax on expatriates to contribute towards the government's labour education and training fund, the official Antara news agency said yesterday. The Education and Training Tax, which was suspended in 1984, required firms that employ foreign workers to pay US$l5O (*****) a
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      • 38 7 THE BUILDING of a second international airport to ease increasing air traffic congestion in Bangkok would cost a total of some US$2.4 billion (554.2 billion), the Bangkok Post reported on Saturday.
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    • 374 7 MBT ALL SECTORS of the property market in Kuala Lumpur comprising industrial, high-rise office complex, retail and residential properties are enjoying growth and in many cases seeing a doubling of prices and rentals. In its latest property report, Rahim Co Chartered Surveyors
      MBT  -  374 words
    • 231 7 AFP THE CHAIRMAN of Citibank, in a statement issued on Saturday, warned the Philippines against using "a political approach" to ease its foreign debt problems. Chairman John Reed issued the statement after leaving the Philippines on Friday, following meetings with President Corazon Aquino and other
      AFP  -  231 words
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  • THE WORLD 1
    • 556 8 Cambodian conflict and missing servicemen stand in the way AFP UNITED STATES Senator John McCain said in Phnom Penh that there are still obstacles to the lifting of the economic embargo placed on Vietnam by the United States. The conflict in Cambodia, the
      AFP  -  556 words
    • 245 8 AFP JAPAN'S Finance Ministry plans to create a new organisation in Japan to promote private investment in developing countries in Asia and other regions, Jiji Press reported on Saturday. The news agency quoted a ministry source as saying the new b«>dy was primarily designed to
      AFP  -  245 words
    • 472 8 AFP A SENIOR Japanese finance ministry official warned over the weekend that rich countries were becoming increasingly unable to meet the demand for funds in developing nations. "We are today face to face with a dangerous gap between capital supply and capital
      AFP  -  472 words
    • WORLD WATCH
      • 96 10 US PRESIDENT George Bush was scheduled to meet Mexican President Carlos Salinas de (iortari yesterday to give him a progress report on his efforts to rally the US Congress behind a free-trade agreement with Mexico. Mr Salinas was en route to Canada
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      • 91 10 THE SOVIET UNION, once branded an "evil empire" by former US president Ronald Reagan, is fast becoming an "irrelevant empire", according to former US president Richard Nixon. "Reagan was lambasted for calling the Soviet Union an evil empire. Today it is becoming an irrelevant empire,"
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      • 68 10 AFTER A WEEK'S polemics, the Czechoslovak Parliament remains split over the issue of returning land to owners expropriated by the former communist regime. Such a return is to be the last phase of the country's current economic reform. A long procedural battle concerning 98 proposed amendments
        68 words
      • 66 10 THE ROMANIAN GOVERNMENT has recovered 32.4 billion lei (***** million) worth of property from the former communist party from the party's estimated assets of 43.8 billion lei, the Finance Ministry said in a report last Saturday. It said the 32.4 billion lei worth of assets consisted primarily
        66 words
    • 350 10 Latest survey at odds with consumer confidence report NYT A LARGE PORTION of Americans, far more than the 6.8 per cent who are now unemployed, have been deeply stung by the recession and may be in no position, financially or psychologically, to
      NYT  -  350 words
    • 297 10 Reuter US ECONOMIC data due this week will show moderate price increases last month and continued weakness in consumer spending and the labour market, American economists have forecast. "The indicators will show that demand remained weak and price increases returned to more moderate levels in March,"
      Reuter  -  297 words
    • 444 10 AFP MOST European Community countries are in favour of tightening up conditions for moving towards a single currency, according to a document to be considered by EC finance ministers in Luxembourg today. Sources said a clash was looming over whether economies of the
      AFP  -  444 words
    • 169 10 Reuter JAPAN will not be excluded from efforts to rebuild Kuwait, even though it stayed out of the military operations to free the emirate. "Japan will have its share because Japanese companies were in Kuwait before," said Nasser al-Rowdhan, Kuwait's Minister for Trade
      Reuter  -  169 words
    • 176 10 Reuter US COMMERCE Secretary Robert Mosbacher has said that Washington and South Korea could work together in post-Gulf war rehabilitation projects, according to news reports. Mr Mosbacher met South Korean Economic Planning Board Minister Choi Kakkyu to discuss trade issues before ending
      Reuter  -  176 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 157 10 M \^j/& ifcj k. ,;£^r* c v*i«w«- -t- jl Indulge in life's simple pleasures The 940 Estate from Volvo. A luxury car designed to reflect your taste for the best in life. With superb handling performance. And a powerful 2.3 litre 16 valve engine that keeps you ahead. A sensation
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    • 89 10 EXPORT OPPORTUNITIES IN POLAND The Polish Market for light industrial goods is hot, hotter than Singapore laksa. We know why. Poland is now a free market style of economy and all Poles may freely engage in import/export business. Poland which is well developed in heavy industry needs all kinds of
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  • Page 11 Advertisements
    • 212 11 Each Is An Expert At A Different Game... its Maria Tang Dedicated Tennis Player, j-jy Agnes Auyeung Keen Golfer, Forex Trad..., Jordan Black BaseM^^Enthtx.K Sc;ki\! .r Quarterhick, Investment Management Account Management Alex Lee Avid Cyclist, Securities Trading But They All Play On The Same Team. From time deposits to foreign
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  • ANALYSIS
    • 893 12  -  Lilian Ang examines why Sesdaq companies have failed to live up to expectations Lilian Ang VERY few Sesdaqlisted companies sparkled this year, with their bottomline profits eroded for a variety of reasons, some real, others imagined. One which put up a credible performance was National
      893 words
    • Article, Illustration
      1032 12  -  Trading companies are finding that their bottomline lies not in trading per se. In fact, diversification may hold the key to their very survival, says Genevieve Cua Genevieve Cua The going was tough for public-ly-listed trading companies last year, and many heaved a sigh of relief when the
      1,032 words
  • Page 12 Advertisements
    • 53 12 I V-- I uy l/\ A INTERNATIONAL LOCAL MOVING I iKAIvIW A OFFICE FACTORY REMOVALS A DOCUMENT STORAGE RETRIEVAL SERVICE rs x penent a warehousing all risks insurance m FMPLOVEE-OWNED BUSINESS I sjJMi #A*#J TURNOVERSSS BILLION sister companies selected ALLIED VAN LINES AGENTS IN EVERY CITIES I THE WORLD'S Jj
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  • Page 12 Miscellaneous
    • 101 12 DOONESBURY BY GARRY TRUDEAU 7TM FREAK FJfUFtVE. I IT'S ALL HERB, GANG THE iTSAUSOEmOSIVE, TVEPSKEP r SCAN PALS, THE MOBSTERS, THE MY GOOPFRIM? ZONKER HARRIS "JUUUS PYEP 1 GOOP.GOOPNEWS, FOAS> YOURS HAIRPRES6ERS, THE CIOSETS, TO BE HERE AS TASTE REFEREE. THE PRESIDENTS j c At n I TRULY HAS JUST
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  • ENTERPRISE & MANAGEMENT 1
    • 1005 13  -  How goes the Association of Small and Medium Enterprises? Chuang Peck Ming finds out from its new head, Peter 800 Chuang Peck Ming The days of talking are over. It is time to get down to action and take a longer view of things
      1,005 words
    • 145 13 THE Singapore Institute of Management (SIM) made $5.4 million in surplus last year, $1.8 million more than the 1989 figure. The higher surplus came from higher income from courses conducted. Course fees had risen from $14.1 million to $17.3 million. Income from training and
      145 words
    • 408 13 Seminars and courses l>mtkm l>tit Venue Td iSt Negotiation Skills for HouSC Institute of Purchasing Management Supply April 9 Skills cicm v May 14 Techniques for vo *****77 Inspection Services Pte ext 132 Control (F> Basic April 10-12 How to Successfully Plaza Hn»«>l laa-a aa Implement MRP II Hotd
      408 words
    • 669 14  -  Out goes the old thinking if you want to excel in the good times and survive the bad, says Peter Wilson Peter Wilson The writer is a director of the Enterprise Partnership in London FT ALL business owners have beliefs about their
      FT  -  669 words
    • 411 14 A system of annual salary reviews based on merit is taking root in the middle management echelons of a number of Japanese companies, according to a recent report in the Japan Economic Journal. Once restricted to such figures as professional golfers and self-employed businessmen,
      411 words
    • 482 14  -  Christopher Lorenz takes issue with a view of trends in corporate global structure Christopher Lorenz FT EIGHT years ago, Theodore Levitt heralded a trend towards the globalisation of products and markets with the wild but much-publicised exaggeration that "the world's needs and desires have
      FT  -  482 words
  • Page 13 Advertisements
    • 403 13 o > DBSBANK ANNOUNCEMENT The Board of Directors of the Development Bank of Singapore Ltd ("DBS Bank") is pleased to announce the following:PROPOSED RIGHTS ISSUE OF SHARES The Directors have decided that it would be desirable to increase the capital base of DBS Bank to further support the expansion of
      403 words
    • 204 13 Management Consultancy SI/ I I I Tr_ 1/ 9 Seminars And Training Hill I Business Assistance I L L I It Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing yfkSt You Need To Know About Housing Loans. Ask Credit POSB. Yes, at Credit POSB we advise you on the best
      204 words

  • Page 14 Advertisements
    • 139 14 < ,< 188 6) BRUNO MAGLI V v 's < i «4i9oSk.\ r flillllllliiillllllllilillllilllllll t 1: l-" >,t---#&. v v\ > 't^ j\ T. v -j -x' .^isaswaWE': fl«- V V"*.* XX .'V A JH^Sv m n ,y s*- 4 v.* '#'j■ rnT^ff'WIPMa^MWBBBI^MBafIBwMSBM^^^^MBI^^^M MY BRUNO MAGLI COLLECTION Sole Agent: Marie*
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    • 153 14 THE SCOTTISH COUNCIL DEVELOPMENT AND INDUSTRY Sixteen British companies will be in Singapore this week seeking to build on existing business and meet new partners for trade and investment. Products/services being offered are: I Copper compounds for the paint and chemical industry Valves for water and sewerage systems High quality
      153 words

  • Page 15 Advertisements
    • 327 15 "A »'\M&3m£s® Jm Js slk**'?"v^^s^^?' Mj^v//iißHi/ lif I v>vTtCS', > Jta<i@lf jf M\ t^m-jO' i js>%' «.jpPrjfl^H| //rSs, m/'/ 0i y"\ \m mm //li jb7• m/// .^^m With NCR System 3000, Adding Processing Power Is No Longer A Big Step. The NCR System 3000 Family of Scalable Processors. In fact,
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  • Page 16 Advertisements
    • 350 16 I Hie Rolex World of Golf. Silence plays an almost primordial role in a great golf tournament. The spectators know this. They respect this silence. Especially at that crucial moment of competition: the 18th hole. The two leaders are now engaged in a duel at the very highest level. The
      350 words

  • Page 17 Advertisements
    • 468 17 MASTK^^^^ jement torvvard. Z 7 and The Rolex Masters *91 Pmumt| \if Masters' Challenge trophy and was the focal point of the prestigious r Green Jacket ceremony. In keep- RESULTS SINCE 1973 JrV in g with tradition, the winner keeps BH| W /uf n V the Green Jacket till the
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  • SPORTS
    • SIDE LINES
      • 114 18 WORLD 100 m backstroke record holder David Berkoff made a successful return to competitive swimming with a victory in the event at the US swimming spring national championships last Saturday. Berkoff, 24, who prematurely ended a brilliant career following his silver medal performance at the 1988
        114 words
      • 113 18 THE 15-MONTH SUSPENSION of Diego Maradona has saddened and embittered Argentines, but they predict the 30-year-old striker who led Argentina to the 1986 World Cup title will play again. The suspension was announced last Saturday by the Italian league after the barrel-chested forward tested positive for cocaine
        113 words
      • 77 18 LEILA MESKHI eliminated defending champion and topseeded Martina Navratilova and then outlasted fellow Soviet Natalia Zvercva to reach the finals of the Family Circle Magazine Cup in Hilton Head Island, South Carolina, last Saturday. Meskhi, the ninth seed, edged No. 8 Zvereva 6-3, 3-6, 6-4
        77 words
      • 69 18 CHRIS JOHNSON fired a seven-under-par 65 last Saturday to finally take sole possession of the lead after the third round of the U*****,000 (*****,000) Welch's Championship golf tournament in Tucson, Arizona. Johnson, who shared the first-round lead with Betsy King and the second-round lead with Tracy
        69 words
      • 67 18 THE CHICAGO BULLS have ended the Detroit Pistons' three-year run as Central Division champions, thanks to the New York Knicks. Patrick Ewing scored 14 of his 35 points in the decisive fourth quarter as the Knicks beat the Pistons 101-88 last Saturday, snapping Detroit's five-game winning streak.
        67 words
      • 105 18 AMERICAN Wayne Rainey sped away from the field in the first lap and then held off a hard-charging Michael Doohan to win yesterday's Australian Grand Prix 500 cc motorcycle race in Sydney. Rainey, the 1990 world champion on his Marlboro Yamaha, led by more than
        105 words
    • 407 18 AP JIM COLBERT, a rookie on the Senior US PGA tour, shot a five-under-par 67 last Saturday to catch faltering Phil Rodgers for a share of the lead after three rounds of The Tradition in Scottsdale, Arizona. Rodgers, winless in three senior
      AP  -  407 words
    • 709 18 1991 Rolex Masters Golf Tournament THREE YEARS AGO, after playing a practice round with Tom Kite and Curtis Strange in Japan, Carlos Espinosa realised that he couldn't learn much even when he was playing well. Kite had told him that anyone could play good golf even
      709 words
    • 364 18 AP DERRICK ROSTAGNO, seeded fourth, beat secondseeded Pete Sampras 7-5, 6-4 last Saturday to advance to the final of the rain-delayed U*****,000 (*****,000) Prudential Securities Tennis Classic in Orlando. Florida. Later that day, top-seeded Andre Agassi was to face unseeded MaliVai Washington, who
      AP  -  364 words
  • Page 18 Advertisements
    • 224 18 U j 1 N !l_ S T 1 M E S TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 A Little Knowledge Is a Dangerous Thing. At ()gilvv Malhcr Public Relations, we believe the mismanagement of information to Ix- a far greater sin than providing 110 information at all. Likewise, counselling a client without
      224 words
    • 181 18 E2!| j Durham Mn A University |f| PA Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving dedication to the pursuit of excellence in all
      181 words

  • THE ARTS 1
    • 877 19  -  A Marc Chagall exhibition in Switzerland prompts Michael Gibson to revaluate an artist whose youthful genius has remained largely unknown as a result of the artistic blackout Stalin imposed on his country Michael Gibson IHT THE reputation of Marc Chagall has enjoyed unquestioning popular
      IHT  -  877 words
    • 551 19  -  P Y Van reviews the Italian Evening of the Bang Olufsen Music Festival, and the Singapore Youth Orchestra's Saturday night concert P Y Van THE BANG Olufsen Music Festival ended last Friday with an Italian Evening featuring works by Paganini, Bottessini and Vivaldi. The soloists violinists
      551 words
    • 461 19 Enthusiasm and discipline were much in evidence among the young musicians of the Singapore Youth Orchestra at the VCH last Saturday when they gave their first concert for 1991 under the baton of their new Music Director and Principal Conductor, Lim Yau. Coming from 48 different schools
      461 words
    • 1099 21  -  Hyperion's mammoth project to record every single one ot Schubert's more than 600 songs looks set to become tin important milestone in the history of record-making. Andrew Lim listens to the first nine volumes that are available in Singapore Andrew Lim THF HYPERION Schubert Edition,
      1,099 words
    • 740 21  -  Soviet pianist Tatiana Nikolaeva is 66 and all set for stardom in the West. Kate Dourian meets the woman who has been described as Russia's hidden treasure Kate Dourian Reuter AT 66, Soviet keyboard matriarch Tatiana Nikolaeva is ready to cross the threshold to stardom
      Reuter  -  740 words
  • Page 19 Advertisements
    • 254 19 Make Your Mark AtiyVori(ttfl^%ice i., IfiSQkk'j(fl8 Bk You've Hit The Suite Point! You've hit the "suite" mark at the Holiday Inn Included in the package are also services and hotels. Designed specially for the business facilities for the busy executive such as: executive, our Suite Package offers you luxury at
      254 words
    • 41 19 I MOSCOW 5 WEEKLY FLIGHTS TO MOSCOW EN ROUTE TO EUROPE Fly Aeroflot for speed, economy and reliability For more information, contad us or our travel agents. AEROFLOT--15 Queen Street #01-02/02-00 Tan Chong Tower, I Singapore 0718, Tel: *****57, Fax: *****52
      41 words

  • Page 20 Advertisements
    • 183 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A l^east Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. to 2.50 p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. If A MKMBKROt-'CDL HOTKI.S im>ffi Havelock Road.Singajxjre 0316.1 el:*****11 We
      183 words
    • 197 20 ***** 111 PLUM'S ********************1 l Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil". It's all part of the menu only for Plum's Singaporean High Tea. It's a fun
      197 words
    • 322 20 I I RSBXffIDOF KmiPONG-STYIJE NftSimmMr t APRIL 1 15 Feast on Ayam Panggang, Prawn Sambal, Beef Rendang, Assam Pedas and host of other offerings, accompanied by i<st as steaming rice, achar and 7 V sambal blachan. Plaza Hotel Beach Road Singapore *****H *****11 Catch the Cuatro Calientes at the Bugis
      322 words
    • 289 20 Scandinavian Buffet Lunch Noon 2.30 pm Adult: $36++ yp^rj Child below 10: $18 We serve the world to you at The Belvedere. JL QQ f(f^cr< rf* Ordwd Road SMfaporc 0423 Td 7)***** r The return of that particular Peranakan "1 perfection found only at the Cafe Vanda sP'Cy and savoury
      289 words
  • Page 20 Miscellaneous
    • 857 20 TELEVISION AND RADIO A "1 Tni# Colours (Sicrco). 8.30 Isyak Prayers. BUSINESS ON RADIO I If*nhlY\P nrrnm Spaeth. g.j 5 Senandunglrama(M) 8.35 Drama Swasta Suria. Pwiwro mi nmwy /yTMIipS u IS i J tL i V VHFB rto M 8.30 Close. 11.00 El Entertainment Television hi- 10.40 Thrtter Theatre The
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  • Page 21 Advertisements
    • 305 21 AND ENTERTAIN I Who Says You Cant Mix Business With Pleasure? I :I)ubrrtu* (Vl I MONDAY I i ikii >ay. I i:NIH)N 10 I 1 pi K I>l RV >\ I At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity I to enjoy a sumptuous appetiser and dessert
      305 words
    • 318 21 "SPLENDOURS OF SPRING" CHINA CHINA RESTAURANT: 1 APR TO 31 MAY 91 t A whole new season of gastronomical adventure to savour the finest selection of Hong Kong's Springtime menu. Splendidly prepared by four of CHINA > CHINA'S resident masterchefs from Hong Kong. m MARINA BAY GOLF St COUNTRY CLUB
      318 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 5482 22  -  By Diana Oon THE local stock market continued to consolidate last week, with the Straits Times Industrials Index ending the week above the 1,500 level. From the previous week's close of 1,490.83, the STII picked up a further 11.52 points to 1,502.35. However,
      5,482 words

  • 4152 23 Main Board SI,\ Foreign 1820 V 50 f2.8% C&C 515 -41 8.6% GE Lite 1480 +40 +2.8% DBS Foreign 1310 40 +3.1% SI X 1300 4<) f 3.2% Jurong Ship 50* 810 +35 '4.5% Semb Shipyard 650 +35 +5.7% C&C Wt 220 +35 +18.*)% ICS
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  • MARKET REVIEWS
    • 800 24 'NEW YORK FT UNEMPLOYMENT was on everyone's mind on Wall Street la*l week. In an industry that has been shedding jobs like baseball teams shed unwanted players after spring (raining, this should come as no surprise. Yet for once, it was other
      FT  -  800 words
    • 889 24  -  LONDON By Ray Heath PFRHAPS the London Stock Exchange should put a sign outside its skyscraper building warning those who suffer from vertigo to stay outside. The pace at which share prices continue to climb is dizzying. Last week the Financial Times-Stock Exchange 100
      889 words
    • 368 24 >TOKYO AFP SHARE PRICES posted a substantial gain in the opening week of the new fiscal year, with the Nikkei Stock Average closing out the week at 26,767.33 yen for a 475.29-yen, or 1.8 per cent weekly advance. The market bellwether
      AFP  -  368 words
    • 387 24 tHONGKONG ALL EYES will be fixed on China this week as Douglas Hurd lays Hongkong's cards on the table and negotiates some sort of common ground for the Chek Lap Kok airport. With the Hongkong bourse at a height that would not easily
      387 words
    • ASIAN MARKETS ROUNDUP
      • 146 24 THE Australian share market drifted lower in a post-holi-day four-day week under pressure from a buoyant dollar. "The Aussie dollar has kept a lot of people away but if you're talking about the trend, the market is still very much in an upwards trend and there is still a
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      • 112 24 SHARE PRICES on the Taiwan Stock Exchange experienced a roller-coaster ride on Wednesday before posting handsome gains during the holiday-shortened week. Amid bullish sentiment on the back of reviving economic stamina in Taiwan, the 226-issue weighted price index inched up 204.9 points or 4 per cent to wind up
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      • 73 24 THE Securities Exchange of Thailand (SET) index closed at 874.64 points on Friday, up one per cent from the previous week's closing of 865.74 points. Average daily turnover last week was 26.6 million shares against 35.7 million shares a week earlier. The average value of shares done was 2.9
        73 words
      • 184 24 TRADING slumped at the Jakarta Stock Exchange (JSE) last week as domestic interest rates showed no sign of dropping from their current high but share prices remained strong in general. High rates for time deposits. with some banks offering 30 per cent a year, has led to a massive
        184 words
      • 52 24 THE South Korean bourse closed the week lower as investors' concern over the government's tight monetary policy overweighted increased optimism over the economy. The broad-based Composite Price Index closed Saturday's half-day session at 651, against 659.84 the previous week. Trading was light, with an average of 6.89 million shares
        52 words
      • 61 24 THE Philippine stock market continued to rally last week as reports of upcoming new listings overcame technical corrections on Tuesday and Wednesday, bourse spokesmen said on Saturday. At the Manila Stock Exchange, the composite hit 1,148.36 points on Friday, up 50.5 points during the week. At the suburban Makati
        61 words
      • 85 24 AFP SPECULATIVE buying boosted prices last week on India's stock markets, subdued by political and economic uncertainty as the nation heads for general elections. Big-time speculators pushed the price index much higher than justified by the lack of interest from ordinary investors, who continued to stay awav from the
        AFP  -  85 words
  • Page 24 Advertisements
    • 183 24 SINGAPORE Hi WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! ff Subscribe or renew your will each receive a Henry Cotton's tie 12 issues of Singapore Business Ss4B 'Overseas SsB7 (Surface mail) Ssl3s (Airmail) I SUBSCRIPTION/RENEWAL FORM I f in' I WWWtEr"t I""* 1 lj Name Mr/Mrs/Miss
      183 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 1057 25 MBT AFTER two weeks of decline, the Kuala Lumpur stock market recovered partially on selective buying last week and share prices ended mixed. Even as the more optimistic dabblers began picking up stocks in the belief that the market will rebound after
      MBT  -  1,057 words
    • 3339 25 1991 1*1 Vol Week Net Cay High Low Company Sale "000 High lw P/E Wl INDUSTRIALS 244 165 AISB 50* 216 -4 184 221 215 52.7 221.6 448 310 ASM 50« 428 4 1837 432 410 38.2 1756 9 390 280 Acidchem 378 unch 213 380 376 162.5 2% 192
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  • Page 25 Advertisements
    • 109 25 I I j I I NEWS TRAVELS V^^B^V ALL ADVERTISING MESSAGES are effective. To varying degrees. In Singapore, when you want to reach out to a select target audience in the transport industry, only one daily offers you the advantage of maximum reach at minimum costs. And that's Shipping Times.
      109 words

  • WORLD STOCK MARKETS
    • Dow weakens as Fed fails to ease credit
      • Article, Illustration
        1259 26 US STOCK investors, dismayed by the Federal Reserve's steady stance on credit despite a surprisingly weak March employment report, unloaded some equity holdings in a choppy trading session on Friday. "All week the stock market had been focusing on interest rates coming down. And now that the Fed
        1,259 words
      • Article, Illustration
        712 26 LONDON share prices rose sharply on Friday. Dealers said continued anticipation of a cut in British interest rates helped drive share prices higher. The broad-based Financial TimesStock Exchange 100-share index closed up 20.8 points, or 0.8 per cent, at 2,545.3. At its final calculation, the narrower Financial Times 30-share
        712 words
      • 305 26 DUTCH shares ended near the day's lows on Friday as gains elsewhere in Europe failed to inject life into a dull pre-weekend session, dealers said. The CBS Tendency Index closed 0.6 points down at 97.0, just above the day's low of 96.8. "There was a general lack of interest
        305 words
      • 318 26 GERMAN shares climbed nearly one per cent on Friday to the highest closing level in a month, boosted by firmer bond prices and buying from domestic institutions. The 30-share DAX Index ended 14.90 points higher at 1,586.87, its highest close since 1,602.29 on March 8. The DAX ended the
        318 words
      • 280 26 SWISS shares closed firmer on Friday but off an earlier year high. Banks and insurers, supported by lower interest rates, led the market higher while industrial shares had to give up earlier gains on the weaker dollar, traders said. The all-share SPI Index rose 8.6 points to close at
        280 words
      • 157 26 ITALIAN shares closed at a fresh 1991 high, with sharp gains in Fiat shares dominating a busily traded session. Brokers said profit-taking late in the session pulled prices off their peaks, but the mood in the market remained positive. Friday's "rises drew a lot of profittaking, but it was
        157 words
      • 108 26 STOCKHOLM prices on Friday closed broadly lower in moderate trade, mainly as a result of profit-taking after gains earlier last week. Dealers said investors were cautious ahead of US unemployment data, released after the market closed and showing unemployment rose to 6.8 per cent in March compared with 6.5
        108 words
      • 271 26 THE PARIS bourse closed on a firm note on Friday as heavy turnover in four weighty blue chips boosted the market, dealers said. The market largely kept gains piled up by midsession, al- though the CAC-40 Index ended off the day's high. It closed 1,851.71, up 15.50 points or
        271 words
      • 443 26 IN JOHANNESBURG, the stock market was generally firm on Friday following its recent rally, but trading was quiet amid investor caution ahead of the weekend, dealers said. Quality issues continued to find good support but volumes were mostly thin in the absence of fresh factors. The JSE All-Gold Index
        443 words
      • 298 26 TORONTO stocks ended a volatile session on Friday slightly lower on investor disappointment the Federal Reserve failed to ease interest rates, dealers said. Toronto, tracking fluctuations on Wall Street, swung within a 25-point trading range during the day. "They both started up on the day. I guess they're doing
        298 words
      • 210 26 Brussels Apr 5 Francs FORWARD MARKET Accc 2700 35 Arbcd 4420 10 Astur 1126 26 Brascan 588 8 Canpac 604 f 2 Cock 171 unch Dc Beers 750 unch Ebcs («b-lnno-Bm 13.10 8 (icvacrt 7500 unch (ir Bru l_amb 3740 f 30 Hobok Pctro ***** unch Ryl Dutch 2640 10
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  • Page 26 Advertisements
    • 25 26 For information on where to buy your copy of: Singapore Business, Her World, Go, Home Decor, Young Parents call our Customer Services Section (740-1839, 740-1840)
      25 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 399 27 NEW YORK THE US DOLLAR ended sharply higher on Friday against European currencies after worse-than-expected US jobs data drove it down only temporarily. The dollar managed smaller gains against the yen and pulled back slightly against the Canadian dollar. Several traders said a rumoured
      399 words
    • 802 27 ASIAN CURRENCIES AFP THE US DOLLAR slumped against most Asia-Pacific currencies last week following recent sharp gains as economic prospects weakened in the United States. The Japanese, Australian, New Zealand and Singapore currencies posted strong gains against the dollar while the Malaysian, Philippine, Taiwan and
      AFP  -  802 words
    • 401 27 Cross rates Apr 6 USS SS* MS* Dm Yen SFr AS NZS USS 1.7653 2.7465 1.6870 136.60 0.5663 1.4220 1.2739 1.6835 SS* 0.5665 1.5558 0.9454 0.7713 0.3174 0.7962 0.7218 0.9545 MS* 0.3641 64.27 0.6077 0.4957 0.2040 0.5117 0.4639 0.6135 Dm 0.5928 1.0577 1.6456 80.97 0.3357 0.8429 0.7551
      401 words
    • 561 27 Interbank rates S$ Bid Offer Overnight 4 1/2 4 5/8 1-month 4 9/16 4 11/16 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-5/8 USS High Low 7 days 6 5/16 6 3/16 1 month 6 5/16 6 3/16 2 months 6 5/16 6
      561 words
    • 592 27 Reuter JAPANESE INVESTORS say the yen's weakness is leading them to look more favourably again on foreign bonds, despite narrowing yield spreads. "Foreign bond investment will catch fire if conditions remain steady," said Kenji Iguchi, portfolio manager at Asahi Investment Trust Management. "It
      Reuter  -  592 words
    • 285 27 Reuter THE Soviet Union's decision to slash the tourist exchange rate for convertible currencies will do little to stimulate foreign investment, Western businessmen said. "The decision was not intended to improve foreign business activity but to eliminate the black market without eliminating
      Reuter  -  285 words
    • 488 27 GOLD FINANCIAL FUTURES REPORT SPOT GOLD traded firmer last week, rising from Monday's low of U*****.30 to a high of U*****.60/360.100n Friday before closing at U*****.80/359.30, almost unchanged from the previous week's settlement. The trade in precious metals continued to focus on silver which rallied
      488 words
    • 291 27 IMM Apr 4 DEUTSCHEMAJW Open High Low Sett Vol Op/lnt Jun 91 0.5915 0.5993 0.5912 0.5964 43.301 61,750 Sep 91 0 5878 0.5950 0 5873 0.5922 EURODOLLAR Open High Low Sett Vol Op/lnt Jun 91 93.49 93.59 93.49 93.56 99.159 701.032 Sep 91 93.22 93 34 93.21 93.31
      291 words
    • 508 27 Prime lending rates BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8W Arab Bank PLC 7K ANZ Banking Group 8 Ban Hin Lee Bank 7V« Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7%
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  • COMMODITIES
    • 396 28 Reuter SOUTH AFRICA will remain the world's dominant gold producer, although weak bullion prices and a cost squeeze could cut output sharply, industry leaders said. A spokesman for the country's mineowners' association, the Chamber of Mines, said national output could fall to
      Reuter  -  396 words
    • 318 28 Reuter AFRICAN coffee producers meeting this month will try to reach a common stand on a return to the international system of export quotas which collapsed 22 months ago, a Ugandan official said. "Our survival as African producers lies in a
      Reuter  -  318 words
    • 881 28 REPORTS AFP FEARS that a current wave of strikes by miners in the Soviet Union, an important producer of nickel and platinum, would intensify in the wake of steep price rises on April 2, supported the metals' prices over the past week.
      AFP  -  881 words
  • 1158 28 Rubber HAS (fc» hi Mg S cents/kg Int 1 RSS Close Apr I Closed Apr 2 147.00 Apr 3 146.25 Apr 4 145.50 Apr 5 144.50 IWWCLB (fob In M cents/kg Int 1 RSS Close Apr 1 Cosed Apr 2 226.50 Apr 3 226.50 Apr 4 226.00 Apr 5
    1,158 words
  • Page 28 Advertisements
    • 832 28 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 LOST SHARE CERTIFICATES The following Share Certificate*/*together with the relevant signed transfer deeds have been reported lost or destroyed:HONG FOK CORPORATION LIMITED Certificate No. In the name of No. of Shares *****91 Tan Sor Eng t X 300 KEPPEL CORPORATION LIMITED *****68 Barclays Bank
      832 words
    • 51 28 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      51 words
    • 11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1135 29 City Flight ETA Flight ETO Molaidt SQ228 1905 SQ227 2200 Amsterdam KL841 1055 KL842 2035 SQ23 1240 Bandar Seri BI421 1105 SQ182 0915 Begawan SQ181 1410 BI422 1205 B1429 2030 BI430 2125 Bangkok QF062 1130 RA408 0825 SQ69 1145 TG402 0830 TG403 1155 SQ62 0845 TG407
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  • THE TRAVEL PAGE
    • 755 29  -  LETTER FROM GAURA By Elizabeth Pisani With bloodcurdling yells and a hail of lances the mounted warriors of Sumba battle to spill blood and ensure the success of the harvest. "Mow can we satisfy the gods if we don't kill someone or at least spill some
      755 words
    • 156 29 As at 3pm on Apr 5: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.372 1.392 Canadian dollar I.S06 1.S26 NZ dollar 1.032 1.062 Sterling pound 3.125 3.145 US dollar 1.7550 1.7650 I .oca] dollars to 100 units of foreign currency Austrian
      156 words
    • 84 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April 17th International Centra Fundacion El (541)*****25 Machinery 5-22 Book Fair A Municipal dc Libra Instruments Exhibition F.xposicwnev Apnl XVIInternational Buenos Chamber of (541)*****4 Buenos Aires 11.26 Furniture Aires Manufacturers Apnl International Barcelona Foire de (34)3/*****01 Exhibition
      84 words
  • Page 29 Advertisements
    • 42 29 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We know Kuropv from stait to Finnish.
      42 words
    • 42 29 SHE'S 15. SHE HARDLY SMILES. Story a girl a to .*> help pay for her mother's debt. They are dirt-poor. The New Paper team %k reports from Haadyai- r J> the sin city the Thai JFj government recently pledged to clean up. r»ioM
      42 words
  • Page 29 Miscellaneous
    • 234 29 22 hftacon it reduces curing 5 l mak g d USC ot 21 Slashcs review but wrangles 2Z in oacon it rtoucts curing lhe environmental disposal (7) 23 Narrate "James and the Gi 25 ,l upset a drunkcn S P> arU Peach most hkc| V to 'ash out? half drunk
      234 words
    • 211 29 Singapore Outlook: Showers over several areas Forecast: Maximum temperature 32.6* C Assoc humidity 68% Minimum temperature 25.2* C Assoc humidity 98% Hours of sunshine 7.95 Rainfall in mm Nil Rainfall this month 30.5 Rainy days this month 4 World report Asia-Pacific Hi/Ijo* Cond. Auckland 22/16 Showers Bangkok 36/27 Fair Beijing
      211 words
    • 36 29 i:iJI:iJS.MJ. i.srn VioueN's mc mavina fur SGRiOUSLY TCLLiNG V*>OUUb V4P\V£ Tv4OU6MTl STi"T*C u £S COT? "Mpcr roc. PkT<tMS SQUP\?CD u p TO \n 1(- muscies rnpppox -tup firoo'S 8396 —"l c evening standard co. Ltd., mi-mi
      36 words

  • 429 30  -  Singapore losing out to Hongkong and Hawaii By Suzanne Soh MORE Japanese tourists are coming this month but Singapore is set to see 10 per cent fewer visitors from Japan during the so-called Golden Week holidays from late April to early May.
    429 words
  • 278 30 Reuter THE EUROPEAN Community has conceded after two months of study that the only way to reach accord on a key single market investment law is to permit vastly different systems of stock trading and regulation from 1993. A new Investment
    Reuter  -  278 words
  • 95 30 Reuter PLANS to strip firms' defences against takeovers have split the European Community. Officials at the EC's Executive Commission will not scrap takeover rules unveiled in 1988. Germany and the Netherlands, whose companies have the most potent weapons against corporate raids, oppose. Even Britain,
    Reuter  -  95 words
  • 669 30 Slump sends residential and commercial markets reeling IHT IT HAS BEEN a very bad year for most property markets around the world. And few have been harder hit than Britain, where both residential and commercial sectors have seen steep falls. But market moods change,
    IHT; Punch  -  669 words
  • 205 30  -  By Salil Tripathi ALKAFF MANSION glittered last night with a quiet elegance. Captains of industry and movers and shakers of Singapore all old boys of AngloChinese School (ACS) parted like the sea as the beauteous Isabella Rossellini stepped in, with a maroon
    Photo by Arthur Lee  -  205 words
  • 479 30 UN ceasefire resolution Agencies US PRESIDENT George Bush said Iraq's response to the UN ceasefire resolution "appears to be positive" and voiced hope that it would lead to the speedy withdrawal of US forces from southern Iraq. "It appears to be a positive response,"
    Agencies  -  479 words
  • 143 30 SHIPS flying the Iraqi flag are still banned from entering Singapore's port, the Port of Singapore Authority (PSA) clarified on Saturday. PSA had announced in a statement dated April 3 that "the Singapore government has decided to lift the sanctions imposed on Iraqi-flag ships
    143 words
  • 331 30 Reuter JAPANESE Finance Minister Ryutaro Hashimoto yesterday pledged financial support for a multilateral fund proposed by US President George Bush to help promote investment in Latin America. He gave no specific figure but promised Japan would make an "appropriate" contribution. "The US proposal
    Reuter  -  331 words
  • Page 30 Advertisements

  • Shipping Times
    • 456 31  -  A 50 per cent increase in the next four years predicted By Selva Kumar FRENCH shipping company Compagnie Generale Maritime expects its container traffic between Europe and the Far East to grow by some 50 per cent in the next four years.
      456 words
    • 302 31 AFP THE MAIN British, German and Japanese telephone companies are studying the possibility of an alliance to provide a joint telecommunications service to multinationals, British Telecommunications (BT) said on Friday. If BT, Nippon Telegraph and Telephone (NTT) of Japan and Deutsche Bundespost Telekom go
      AFP  -  302 words
    • 242 31 Reuter NFW merchant ships completed in 1990 amounted to 15 9 million gross tonnes (1,672 ships), an increase of 2.6 million (79 ships) from 19X9, the latest shipbuilding statistics published by Lloyd's Register in London show. This made 1990 the year with the
      Reuter  -  242 words
    • 276 31 Reuter AUSTRALIA hopes to increase industrial output by US$l.5 billion (552.6 billion) a year by merging five commercial rail systems into one. Transport Minister Bob Brown said. He said a meeting of his counterparts representing Australia's six states and two territories agreed on Friday
      Reuter  -  276 words
    • 331 31  -  By Rahita Elias JAPAN-BASED shipping company Sharp-Fuji has strengthened its presence in the Vietnamese market by opening an office in the capital city of Ho Chi Minh. The officc started operations on April 2 under the name of Sharp-Fuji and Saigon Ship
      331 words
    • 201 31 AP THE United States Transportation Department proposed on Thursday that airlines be required to carve out more space near emergency exits over airplane wings to speed up evacuation after a crash. In recent runway collisions in Los Angeles and Detroit, many passengers
      AP  -  201 words
    • 236 31 UP! MOSCOW has sounded out Seoul with an offer to sell Soviet-built MiCi jet fighters with the proceeds to be used to buy consumer goods from South Korea, a published report said on Thursday. The Kookmin Ilbo, a nationally circulated daily, said the
      UP!  -  236 words
    • NEWS SUMMARY
      • 75 31 FOR years, growth on the Great Lakes waterway has been hampered by containcrisation. deregulation and irregular service. But the Soviet Union may help solve these problems with a new regular service. The first Soviet ship to enter the St Lawrence seaway on a regular basis
        75 words
      • 54 31 REPRESENTATIVES of the international shipping community meet in Oslo tomorrow to discuss safety at sea and the use of computers and satellites to prevent shipwrecks. One idea on trial is to map the world's oceans electronically to reduce the risk of collisions
        54 words
      • 65 31 UNITED Airlines flew into London on Thursday for the first time. United, which bought its trans-Atlantic routes from ailing Pan American World Airways, has gained its Heathrow access at a crucial time ahead of the post-1992 deregulation of European Community air routes. This
        65 words
      • 63 31 NORTHWEST Airlines will begin non-stop service between Detroit and London from Wednesday, pending modification of a US Department of Transportation order giving Northwest the authority to fly the route. Northwest has asked the agency to ensure that it can operate the route through at least July
        63 words
    • LOG BOOK
      • 91 32 I HE NUMBER of world oil tankers laid-up, idle or under .epair fell to 25 (3,256,614 long dwt) in March from 26 >,372,016 dwt) at end-February, London shipbroker Howard I louldcr said. There were no combination carriers laid-up at end-March compared to two (295,281 dwt) at
        91 words
      • 83 32 1 HE BAHAMIAN ro-ro Atlantic Stream and the Bahamian refrigerated vessel Peruvian Reefer were separated in the ,ound between Denmark and Sweden, Lloyds Shipping Intelligence Service said. The 14,484-dwt Atlantic Stream and the 8,941-dwt Peruvian Reefer proceeded to Malmo and Helsingborg respectively where they are now
        83 words
      • 60 32 THE Cyprus-registered freighter Akranes which lost its rudder in heavy weather off the Azores on about March 19. arrived at Ferrol, Spain in tow on April 4, Lloyds Shipping Intelligence reported. The Akranes will now drydock at I errol for rudder repairs. The 7,611-dwt vessel leit
        60 words
      • 61 32 IWENTY-FOUR South Korean fishermen have been kidnapped by pirates in the South China Sea north-cast of Malaysia, press reports said on Friday. Five pirates seized the fishermen of the Panamanian-registered 312-ton Sun and their ship on March 21, some 340 statute miles south of Ho Chi
        61 words
      • 90 32 AIR INDIA has made a net profit of some US$33 million <SssB million) in the fiscal year that ended March 31 despite problems affecting the aviation industry worldwide, the airline said on Thursday. S R Gupte, Air India's managing director, said the airline, India's flag carrier,
        90 words
      • 61 32 THE EUROPEAN Community (EC) has instructed France and Belgium to make a formal notification of their injections of capital into national airlines, the EC's executive commission said in Brussels on Thursday. An EC spokesman said the two countries had not yet answered the commission's
        61 words
    • 700 32 THE FREIGHT market was still thinly traded on Thursday after the recent holidays and mixed rates reflected some uncertainty, brokers said. The tall in the Baltic Freight Index was halted when the BFI was set at 1,597 and some operators took confidence from this move while others saw
      700 words
    • 936 32 For years, growth on the Great Lakes waterway has been hampered by containerisation, deregulation and irregular serviee. But the Soviet Union may help solve these problems. UPI THE first Soviet ship to enter the St Lawrence seaway on a regular basis in 15 years is
      UPI  -  936 words
    • 843 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements are indicated. The Cockctt Bunker Price Index change and
      843 words
    • 11703 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,703 words
    • SHIPS IN PORT
      • 628 47 fry Wo Bwtt) Arrival Departure I Keppel Wharves Cora Pcess 018 (P) K?9 alongside 07 04/1800 Ferncktt ID K30 alongside 0704 0800 Ma Abadi E 891 K32 alongside 10 04/0600 Kota Wangi W633 K33 alongside 09 04/0600 Ocean Happy 1/91 C10 alongside 07 04/1800 Eldim Hope JC20/
        628 words
      • 1296 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Boofcnc/Bahnce RsJts Sh|) Voy No Etb/Btr Period From To From Ace Concord 09W 08/2000 2 07/1700 08/0659 08/0900 ACX Uy 9B 09/0430 1 07/1500 07/1659 07/1900 2 07/1700 08/0659 08/0900 3 08/0700 08/1159 08/1400 ACX Lotus 11A 09/1500 2
        1,296 words
      • 227 47 Penang Port Berth 5: Star Lily Berth 6: Um Modes Berth m Buttwwortti on Apr! 8: 1 Far East Success: 2: 01 jetty: Hamakaie. Global Mercury Pear! One 3 Trans Bulk. Million III. 4 ml. 5 ml; 6 ml DC): Petro Lintas Penany«har1: NB Victory. C8 FNS
        227 words
    • 573 48 Reuter AGEING shipping fleets around the world are adding urgency to the search for ever-better technology to prevent marine disasters. About 250 representatives of the international shipping community meet in Oslo tomorrow and on Wednesday to discuss safety at sea and
      Reuter  -  573 words
    • 414 48 UPI NORTHWEST Airlines will begin non-stop service between Detroit and l.ondon from Wednesday, pending modification of a US Department of Transportation order issued last week giving Northwest the authority to tly the route. Northwest asked the agency last week to ensure that it has the ability
      UPI  -  414 words
    • 457 48 AP PAN AMERICAN World Airways asked the United States Supreme Court on Thursday to let it delay US$33 million (5557.7 million) in payments to companies that lease the financially troubled carrier 34 aircraft. The Second US Circuit Court of Appeals told Pan Am
      AP  -  457 words
    • 495 48 Reuter UNITED Airlines flew into London on Thursday for the first time and chairman Stephen Wolf vowed the American carrier uould fight hard to win business in its newly opened European front. "We will compete at whatever the price level is." he said
      Reuter  -  495 words
  • Page 31 Advertisements
    • 156 31 ECS MARINE AUTOFAX (UK) SERVICES INCLUDES 1. CREDIT REPORTS 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING Call 2241 890 for fi > FREE Demostratlon Package Cockett Repot t 2 Contam Schedule 1? Daily 2 Index to Advertisers 3 Stopping Guide 10,11 Ships m Port 1' Singapore Tides
      156 words

  • Page 32 Advertisements
    • 239 32 WELL KNOWN INTERNATIONAL COMPANY WITH 15 YEARS PRESENCE IN THE SOUTH EAST ASIA AREA IS SEEKING WAREHOUSE AMD DISTRIBUTION FACILITIES IN SINGAPORE We equire the successful contractor to provide for an annual warehouse throughput of 5,000 ton of products; have facilities on his premises to unload and load 20ft standard
      239 words
    • 103 32 DSRSENATOR UNES ANNOUNCEMENT Wc wish to advise ail our valued clients and business associates of the following agency arrangements in Singapore to take effect immediately: General Agent General Agent for for DSR SENATOR UNES DSR LINES container services conventional services operating under "Tricon" consortium, incorporating the RTW and ETE services.
      103 words

  • Page 33 Advertisements
    • 2261 33 JAROINE SHIPPING AGENCIES 2® Cantonment Road #12 05 Southpoint, Singapore 0208 TELEX NO RS ***** Iranian terminal/cfs rei *****18 220 rßMftfll BOOKINGS Tel *****34 258 L \Fff9 A PESAKA jardine shipping agencies PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 DfJucitfd to
      2,261 words
    • 1270 33 INDEX TOfIDVHffISERS an i M ART Containerlinc 12 I M+- R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nels Agcncies 14 1/2 AFS 15 2 Macoline 9 4/5 Ahrcnkicl Liner 16 3 Madju Sdn Bhd 16 1/2 Alfred C Tocpfcr 15 5 .Macrsk Line 3 4/5 Allied-Link 16 4/5 m
      1,270 words
    • 2099 33 NEXT VESSEL TO U.S.A. METTE MAERSK V.9104 ETA 16/4/91 V«s*l Voy ETA JeTD "Port "Penanfl DESTINATIONS Singapore Kelang This weeh Metre Waerftk 9104 Feeder by |EQP [JflW 16.4 osoo mrs Farco HNH CFS IV4 2359 MRS M lauro OAK LGB HOU MEM ATL MIA CMS BAL PHL NYC MON TOR
      2,099 words

  • Page 34 Advertisements
    • 1335 34 i i ROTTEDAM/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SHBS BREMEN EXPRESS 02/313 d/ 4 25/4 27/4 30/4 1/5 eTMQ LONDON EXPRESS 01/114 13/4 4/5 2/5 31/5 KITANO 07/314 16/4 3/5 5/5 7/5 L AIL WCSTBOUNOI. HAMBURG EXPRESS 02/115 18/4 9/5 7/5 6/5 KCLANC4 PfMANC CARGO HANNOVER
      1,335 words
    • 580 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2103E 23/4 10/5 13/5 18/5 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PACO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CALLAO SAN (PtRU) ANTONIO I J BONTANG 2103W?3/4 1/6 2<6 5/6 7A6 8/6 Agents .•■fa. M.NI.APUHK:
      580 words
    • 1536 34 Ej—BBBlB SLSmm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND F6R EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LK| (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SHARJAH 9105 3 10/04 28/04 29/04 03/05 04/05 05/05 06/05 07/05 08/05 NORASIA MUBARAK 9106-3 15/04 05/05 06/05 09/05 10/05 11/05 12/05 13/05
      1,536 words

  • Page 35 Advertisements
    • 2060 35 r flKss asgSteamers Maritime Holdings Ltd fl| STRAITS SHIPPING "5 stMHMP* it Br«nL East Malaysia. Containers gjggg-SS-ACCEPTS DUE SAILS Vof Ho f Pen/ PM S pore Alg Sou An! Rot Mb| CARGO PMiNSUIARBA* 0510 »«3 01W 06.04 23/04 25/04 2I« ctbaiTC HflPf \MM KK Ska. T.» i„ p, in AEGiNA
      2,060 words
    • 1872 35 TO' U-S.A./PANAMA FU H SA/PAN AMA CM.wa«.iriu SSSffftf*"& "8 Is IK ASIAN SCMATON EF Hi »/4 IVS 17/J 2W 3 .33 JS 5 C HOT AUG CHANCE CF IM 77/4 Ofi 74i4 tH >lt If }W fIoY«llc FSOKTItV** 111 >7/1 JW llrt V 4 {12 ISM m BRCMCN SENATOR If
      1,872 words
    • 410 35 gffiHUSH STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL jVOY |SP |~PK KUC [KK TRANS AUTO 27 "sld 10/4 ORANGE OCEAN 9 11/4 14/4 17/4 COSMO ANGEL 2 Sld 12/4 SUN RUBY 2 Sld In Pt SEA LARK 43 13/4 ZUIJIN 1 14/4 3 3 "EASTERN PEARL 3
      410 words

  • Page 36 Advertisements
    • 659 36 IfglllUfliil IH'IH CR NBR **********0-0 EXPRESS SEMI-€ONTAINEIISNIP SERVICE TO EVROPE VSL,VOY I S PORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYA/31W8 U/4 13/5 19/5 25/5 06 »uTA. .7WB 1/5 4/6 9/6 14/6 17# FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sutofocl to lnduc*m*nl. Also accepting cargo to Casablanca, Port Said, Port
      659 words
    • 1080 36 HANJIN SHIPPING S pore ILEH RTII ANR HAM BRV EEL VSL SIN LINE HAUL LAX OAK HANJIN KAOHSIUNG OOJW 10/4 71/4 29,4 30/4 30 4 1/5 2/5 HANJIN CHUNGMU 07IE 11/4 DIRECT 2*4 2/5 HANJIN VANCOUVER 004W 14,4 2/5 Jrt 4/5 4/5 6/5 7/5 I HANJIN LONCSEACH 033E 15/4 DIRECT
      1,080 words
    • 49 36 I mnna SCAN LLOYD SHIPPING PTE LTD. M!=!t=jm BLK 118 ALJUNIED AVE 2 #06-106 m/ J[/m SINGAPORE 1439 TEL: *****22 WEEKLY SERVICES thurs) ALSO REGULAR SERVICES TO DUMAI/PEKANBARU SPECIALISE IN PROJECT CARGOES FOR ALL INDONESIAN PORTS ALSO SPECIALISING IN WAREHOUSING AND STORAGE SPACING FOR ENQUIRIES/BOOKINGS CONTACT: MISS YVONNE CHUNG
      49 words
    • 1254 36 d [PKL SGP HKC KSC RLC PUS HKT OSK NCV SW TYO LAX CHS BAL NTC LKV ANN BOM THP HBC PSO CMO PKL SGP I I CtNTLt BE 039 lift 12/4 WIHWWW W W W W Sft Uft 23/5 25ft 3ft 4ft 5/1 ift Ift Uft Oft M 7
      1,254 words

  • Page 37 Advertisements
    • 1967 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE-*****16 AUST/INOIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 M TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****6******50 CFS: K27 EXPORT: *****53/*****04 MW NEPUNE SDN BHD MALAYSIA K.L.-(OQ) *****33, P. K*«»-(03J*****87, P«n*io-<O4) *****0. J.B«hnJ-(07) *****3,
      1,967 words
    • 1165 37 m swsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VtSSCIS VOVAGC |SPOtt |MANiA MKONG VOTACC SPOflt PKLANG MBURG SHAVEN TILBURY ROTT
      1,165 words

  • Page 38 Advertisements
    • 1637 38 K» X jr I <Vf> AS AGENTS KAWASAKI SINGAPORE (PTE) ITO (CR No *****730M0M) TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 u J I MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 MHHfIH KAWASAKI KISEN KAISHA, LTD. INDONESIA P T SAAANA LAUT
      1,637 words
    • 1252 38 PHILI-ORI€NT UN€S PT€ LTD 108 ROBINSON ROAO #0700 GMG BUILDING SINGAPORE 0106 X TEL *****22/2238 769'*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA jgr WE TAKE ON THE WORLD FOR YOU J MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 15 APR MONTREAL, OTTAWA, TORONTO, 10 APR DUBAI,
      1,252 words

  • Page 39 Advertisements
    • 1514 39 f ma sSSSUMM PACIFIC INTERNATIONAL LINES (PTE) LTQ 2SSStI MBI pil Building, 140 Cecil Street #03-00, Singapore 0106. i jAkAftfA i rexNSKOic i VESSEL VOV SIM JKT SIM VESSEL VOV SIN BKK SIM BUMGA TERATAI 143 10/4 12/4 W4 PEGASUS PROGRESS 662 M 9/4 12/4 18/4 EDEN 151 1/4 <3/4
      1,514 words
    • 746 39 BEN LINE CONTAINERS LTD 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 Arosia 098 9/4 26/4 27/4 29/4 30/4 Nedfcryd Tokyo' 096 11/4 2/5
      746 words
    • 306 39 BEN ASIA CONTAINER SERVICE S'pore B'kofc Pegasus Progress V662N 09-10 Apr 12-13 Apr Ingenuity VI2BN 13-13 Apr 16-17 Apr Pegasus Progress V663N 16-17 Apr 19-20 Apr Ingenuity VI29N 20-20 Apr 23-24 Apr General Agents: Tel: *****22 Ben Line Agencies (S) Pte Ltd Fax: *****63 fTSZ (National Carrier of Jordan) 1
      306 words
    • 516 39 tegß MYANMA FIVE STAR UNE (Myanmar National Una) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg MYOMAn»A VI34W In PI SU AVA VIO7W In Pt 13/15 Apr HPA AN VIMW 16/23 Apr THE BANK UNI (A service at Andrew Weir Shipping) \r SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
      516 words



  • Page 42 Advertisements
    • 661 42 TO AUSTRALIA/NEW ZEALAND Tsin ITrwi Ti**ib Tsyd Inpe [p cmalm tURTMA il M »4 Ti/5 lis Ti(S H/S futN huoic m lis »s lis »s Hi vt BRUSSEL m w is M Hi lis ~m c v(rckm( m iojt T//» iii lii iii 50 TO USA/CANADA VSI Singapore N Orleans
      661 words
    • 1097 42 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE [OUTBOUND VOY PKI PNG JKT ?I~N HKG KAO KEI TYO SM7 NGO KOB rvESSfL VOY SIN jPKI PNC BLW SIN ACX LILY 9jT •<4 4 4 14 13 4 15 4194 20 4 201 21 4 ToMAQE 7M 10
      1,097 words
    • 1400 42 4i*f 9 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE C 1"1 t 2, MISTRI ROAD, HMC BUILDING TELEX: US OSHIP #15 00. SINGAPORE 0207 F«: 2*l*l CR NO **********0 M CABLE: COSTARLINC General Agents: iUIffUG PIE LTD TO HONGKONG AMD CHINA FROM HONG KONG AND CMMA VtSStL/VQY SCf HKC
      1,400 words

  • Page 43 Advertisements
    • 1021 43 WC CONVENTIONAL IMVICI Vessel PKL PNC P G Loading for A VESSEL 28/04 Rotterdam/Antwerp CHINA ruix CONTAINER SERVICE Vessel SCP PKL BKK HKG QIN SHA YANCFANCKOU 1« 29,04 3004 07;05 12 05 16,05 YANCfANCKOU 151 29/05 30,05 071* 12,06 16 06 Also accepting other Chinese ports «ia HKG AUSTKAUA TOU
      1,021 words
    • 271 43 fSS RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 Lines) m FAX: *****15/*****03 tljJ TELEX: RS ***** RISHIP (3 Lines) ir<r\ ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL YFSSFt VOY ETA I LOADING SPOWE ABBAY WOHI 28WB IS-05 DARE SSAI AAM MOMBASA DJIBOUTI
      271 words
    • 1145 43 VtSSCI VOY > w SYO mi VtSStL VOY SINGAPORE BAHCKO*' PtAI,ETA 2® ln x n l* SIRI BHUM# 479N In Pt 1/4 Thur 11/4 j PIYA BHUM «B 14-15/4 27 I%* OUg/S WANA BHUM#* OSN In Pt M Thur luT"^ (ptANCTA ***** 0.-10,5 22-24/5 2»-2M P.KELANG/PENANG/KUANTAN 1 JENtINK 1 SOW
      1,145 words
    • 459 43 TMBt-Une m VOY SINQAFORE/MADRAS/ —IQAPOWE VESSEL VOY SIN MAA SIN TIGER STAR 154N Sid 12-14/04 20 20,>04 LEUVE 9143 11-11/04 11-20(04 25-25/04 TIGER BAY ISSN IS 1604 22 24/04 30 30«4 I i VBL VOY StOAPORE/CALCUTTA/SXQAPORg 4 VESSEL VOY SIN CAL SIN TIGER CREEK 12SCNB Sid 11-13/04 19-19/04 TIGER RIVER
      459 words

  • Page 44 Advertisements
    • 1274 44 m. a m SINGAPORE I export tel *****22 import tel *****02 PENANG TEL. (04) *****6 «K TEL (088) *****0 TAWAU TEL (089) *****9 P KELANG TEL (03) ******7 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 BAHRU TEL (07) *****2 SIBU TEL (084 *****2 SARIKEI TEL (084) *****8 W V
      1,274 words
    • 399 44 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK IYT PREMIER US In Pt IS Apr Via NPI 70 Ape
      399 words
    • 780 44 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH OUSEL |WT [ETA ItlT ftttßL WT ETA KIT KIM SOON LI 13/91E 13 APR PENANG EQUATOR JOY
      780 words
    • 332 44 r INTRODUCING OUR NEW CONSOL TO KOPER (YUGOSLAVIA) RELIABLE SERVICE AT COMPETITIVE RATES!!! ALSO CONSOLS TO: BANGKOK CALCUTTA WEEKLY EUROPEAN PORTS SERVICE HONG KONG (AND CHINA) JAKARTA AUCKLAND X COLOMBO (AND INDIAN 3 SUB-CONTINENT) SAILINGS DUBAI (AND MIDDLE f PER MONTH EASTERN PORTS) PORT LOUIS AND DURBAN./ call FRATA SHIPPING
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  • Page 45 Advertisements
    • 890 45 COMPANIA PERUANA TOLA. DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msia KAMALEVERETT In Pt/08 Apr 09/11 Apr 14/16 Apr THOMASCVERETT 18/20 Apr 21/23 Apr 26/2* Apr KARABIEVERETT 13/15
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    • 506 45 VSI |VOY |S PORE [MAINLINER [LAX jKST |SAV |WYC jHfX ZIM KOPIR 1« IW ZIM ITALY I*4 J*li Vl* «W ZIM TRtESTE 1W 11/4 /IK ITALY I*4 Mi W WS W /IM ALEXANDRIA UL 7W UN MAIfA 2M 7* W IW ZIM SINGAPORE M 2/5 ZIM AMfRIC* 1W 1M 1M
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    • 766 45 MSING HWANG HANG SHtmNO TAAIttPOHTATIO* |n| LTO WEEKLY LCL/FCL SERVICE IVESSEL [S POHE JAKARTA I SURABAYA I BUNGA TERATAI V 143 10/4 13/4 IJENWEL V 1/1N 17/4 120/4 VESSEL S PORE BANGKOK A VESSEL 10/4 13/4 A VESSEL 14/4 17/4 DESTINATIONS ETA SINGAPORE PORT KELANG 12 APR MANILA 7 APR
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    • 580 45 PERINTIS LINE JIBB||pi|I|HMMBVN^W^MKhv ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASE TIA 161 A 11/04 14/04 JATIDim 927 13/04 16/04 PHASE TIA 163 A 18/04 21/04 JATIDIHI 928 20/04 23/04 TAN TO UTAMA 155 12/04 15/04 TAN TO UTAMA 157 ?o'o4 23/04 TANTO UTAMA
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    • 408 45 SIN FAN EAST 14/4 KEELUNG/KAOHSIUNG 14/4 BANGKOK 14/4 MANILA/CEBU 13/4 JAKARTA/BELAWAN/SURABAYA 13/4 PORT KELANG/PENANG/E. Malaysia 13/4 BUSAN 14/4 TOKYO/YOKO/KOBE/NGO/OSA 9/4 HONG KONG UN CHINA 9/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N Ell NOPE/IK 13/4 LDN/FLX/LVP/SOU 13/4 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. S|N BSA/CANADA 8/4
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  • Page 46 Advertisements
    • 672 46 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VOY SPORE JAKARTA SURABAYA lAKARI IV *074 05 APR 08 APR {AKAR! 1692 APR 10 APR lAKARI IV W76 U W TAKARI I 1694 15 APR 17 APR lAKARI IV 40/8 18
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    • 457 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE PIRAEUS NAPLES GENOA MERSIN TRIESTE ISTANBUL ILYICHEVSK AN V 04 91W 13/4/91 29/4/91 2/5/91 6/5/91 7/5/91 K V U V 06CW91 13/4/91 1/5/91 4/5/91 6/5/91 Y M V 05-91W 23/4/91 10/5/91 15/5/91 19/5/91 20/5/91 B M T V 07CW91 23/4/91 12/5/91 16/5/91
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    • 490 46 MULTI-MODE SHIPPING PTE LTD MIDDLE- EAST/PERSIAN GULF IHIMMITI DUBAI. DAMMAN, SHARJAH. DOHA MUSCAT. BAHRAIN. ABU DHABI. ABBAS, JEDDAH FAR EAST ACCCPTMFCL PENANG, PI. KEIANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN. MANILA KOREA UK/EUROPE ACCCPTM EOL LONDON, FELIXSTOWE. LSDS, TILBURY, ABERDEEN. LE HARVE. HAMBURG, ROTTERDAM, ANTWEP. FOTHERBURG. COPENHAGEN ALL OTHER EUROPEAN
      490 words
    • 589 46 CUJicon WM MERmODnr^ r LCL/FCL SERVICE FROM f H H J flfff opwtw ovr aoo in UjBJL 1 111 Utk m CUM maintain* ov«r 35,000 tractor* A trucks. V I I HII M CUJI mtvn ovar 60,000 points In UJS.A. HJH SUM /JHHft CUff offer reliable LCt/fCL mtvlom. X. General
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    • 543 46 /£fikSETH SHIPPING CORP. SDN BHD /JStt n KLANC TEL OJM7SIOI ff *m\ FUM7HII VDC khans tel 04 una sum tel on-zkmj X/L/ SIIU TEL OM-31M22 TA»AU TEL QH-77H71 KK TEL 08******0 KUCH TEL 0K*****3 M'SIA TO USA/CANAOA CONTAINER SERVICE FEEOCW VOY 1 PEN I PKL SIN LA/18 KST NYC HfX
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  • Page 47 Advertisements
    • 852 47 MODE FREQUENT FLIGHTS WORLDWIDE NEW ZEALANO FIJI VESSEL M PK| 'fm 'M »T Slip facfcM Ff|Ai 1 TiaWii l|MMa|l| o>!te«ia;Bi Nine: Weili*flM|C| Titratf N Rochester 3107 6 4 9 4 8 4 8 4 10 4 13,4 26 4 3.5 28 4 30 4 1 5 1/5 2'5 3/5 4/5
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  • Page 47 Miscellaneous
    • 317 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR *****100 0200 0300 0400 0500 0600 0700 0800 ****************************************1900 2000 2100 2200 2300 )R 1.7 20 2.2 24 25 24 22 20 17 1.5 1.2 1.1 10 10 1.1 12 1 3 1.5 1.5 16 16 1.5 1.5 1 5 PP
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  • Page 48 Advertisements
    • 722 48 CHARTPOINT Every Saturday in Business Times JkHYUNDAI MERCHANT MARINE CO. LTDEASTBOUWD FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKE JHR SIN LINE HAUL VOV LBH OAK SEA LINE HAUL VOY TCM SEA PTL WAN HAI 203 OH 01/04 02/04 04/04 LALANDIA 39E 29/04 02/05 05 05 GOLDEN GATE
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    • 690 48 CHARTPOINT Every Saturday in Business Times —BBBBBB—— l NOTICE NOTICE M.V.GRACE LUNA VOY.I ARRD SINGAPORE 26/3/91 CONSIGNEES OF ALL DAMAGED CARGOES BX TUB CAPTIONED VESSEL IS HEREBY NOTIFIED THAT A GENERAL SURVEY WILL BE HELD ONTUB «TH APRIL 1991 (MONDAY) KEPPEL WHARVES K 30 ATO9OO 1200 HOURS NO FURTHER SURVEY
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