The Business Times, 10 April 1991

Total Pages: 46
1 46 The Business Times
  • 11 1 Business Times MCI (P) 16/12/90 Wednesday, April 10, 1991 15* L
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  • NEWS SUMMARY
    • 57 1 HONGKONG aviation and airline officials are due in Hanoi late this month for talks on possible air links between the British colony and Vietnam, a source in Hanoi said yesterday. The Hongkong team is scheduled to arrive in Hanoi on April
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    • 66 1 THE INTERNATIONAL Monetary Fund slashed its forecast for economic growth this year in the industrialised countries to 1.4 per cent down from the 2.4 per cent it was expecting last September, Italian newspapers reported yesterday. However, its sixmonthly report on the state ol the world
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    • 16 1 EGYPT is planning to set up a trade centre in Singapore Page 2
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    • 32 1 THE SALE of of United House by Liem Sioe Liong's First Pacific group lends weight to the theory that the value of office properties has already peaked Page 2
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    • 33 1 AMERICA'S direct investment in Malaysia is expected to reach US$ll.2 billion (5519.8 billion) by the end of the year following plans by major companies to inject additional capital Page 7
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    • 40 1 INDONESIA has awarded the launching of its latest communication satellite to McDonncl Douglas Aircraft Co of the US, ending a fierce battle between US. French and Chinese firms for the USS44 million (5577.9 million) contract Page 8
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    • 41 1 SOUTH KOREA is likely to see the biggest current account deficit in its history in the first half of this year, but its Economic Planning Board still expects it to top this year's economic growth target. Page 9
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    • 33 1 A HIGH-RANKING Tokyo bureaucrat has predicted the possibility of Japan importing rice if the US and the European Community lift their own restrictions on imports of agricultural products Page 9
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    • 27 1 SOME $75 million will be spent to develop Singmarine's Jurong yard where full-scale operations are due to begin in 1993. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 48 1 STOCK PRICES on Wall Street were slightly lower in early morning" trading yesterday as market participants continued to wait for signs the Federal Reserve may case interest rates. The IX>w Jones average of 30 industrials was down 5.69 to 2.912.87 in the first hour of trading.
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    • 42 1 SHARES were slightly ahead early in London at midday yesterday, supported by hopes of a cut in UK base rates when inflation figures for March are published on Friday. At 1159 GMT, the Footsie 100-share index was up 5.2 points.
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    • 31 1 JAPANESE securities houses Nomura and Daiwa, just short of a Stock Exchange of Singapore international member licence, are all set for the local equities business Page 3
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    • 33 1 SIME SINGAPORE is proposing a one-for-four rights issue at $1 each to raise 5i08.75 million for the upgrading and expansion of paper manufacturing plants in Singapore and Indonesia Page 3
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    • 24 1 A SENIOR vice-president of Chase Manhattan Bank's Global Securities Services division says Singapore's share settlement procedures arc very smooth Page 6
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    • Article, Illustration
      30 1 Tuesday Change BT-MGA 717.12 -10.64 Kuala Lumpur 572.44 -*>.69 Tokyo 26.317.39 -290.26 Hongkong 3 757.30 -54.71 Sydney 1.449.2 t-3.6 Monday Change New York 2.918.56 +21.78 London 2.529.9 -15.4
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    • 20 1 Exchange rates USS SSI. 7680 100 Yen SSI.2905 MS SS0.6429 Money market rates Overnight 4-3/8% -l/lf> ?'-month 4-5/8 unch
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    • 37 1 London Gold AM fix USS36I.20 +USS2.40 Rubber S'pore May l45.00«/kg H>.:5 M'sia May 225.50*/kg unch KL Tin Turnover 35 tonnes -I Spot MS 14.91/kg f 0.04 Crude paint oil Turnover 993 lots 190 Apr MS779/tonne -10
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  • 461 1  -  Some members upset that promised facilities have yet to materialise By Chitra Rajaram SOME of the 309 members of the former Batam Island Country Club (BICC), now known as the Palm Beach Resort, are upset that the facilities they had been promised when they signed
    Photo by Arthur Lee  -  461 words
  • 327 1 SINGAPORE share prices dropped sharply in afternoon trading yesterday on various market rumours, most of which involved Malaysia's politicians, businessmen and companies. One such rumour concerned the health of Malaysia's premier, Dr Mahathir Mohamad, who was said to have taken ill
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  • 258 1 CURRENCY markets are marking time in anticipation of important US economic statistics to be released this week which could determine the course of US interest rates and consequently move the world's stockmarkets. Dealers say if the figures come out in line with expectations. there is a
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  • 285 1 Bernama LENDING RATES will have to go up at some point as hanks raise rates for deposits and savings to mobilise funds for lending amid progressively tighter liquidity conditions. Bank Negara Deputy Governor Datuk Dr I in See Yan said yesterday. "Banks know
    Bernama  -  285 words
  • 121 1 AS SOUTH-EAST Asia moves further into the *****, one issue that will climb up the regional agenda is leadership and political transition in the Asean states. I;»ng-serving leaders have either made way for new bl<Mid. or are expected to serve their last lap in
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  • 318 1  -  From Catherine Ong in HONGKONG HONGKONG'S new airport plan hangs in limbo as differences between Britain and China continue to prolong negotiations in Beijing. The UK Foreign Secretary Douglas Hurd, failing to reach an agreement with China during a six-day visit, said discussions
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  • Page 1 Advertisements
    • 221 1 I EXECUTIVE I PLACEMENTS g *****62 Aircraft Schedule 27 Money Market 25 World News 8 Commodities 26 Regional Co News 4 Cryptic Crossword 27 Regional News 7,8 Editorial 12 Regional Stock Markets 23 For market indices editorial, Financial News 6 SES 18,19 advertising and circulation e> Futures Options 25 Share
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    • 7 1 Fed denies rumours of revolt. Page 6
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    • 100 1 obeianain SC 111 111 KOI TIQI K »<0 >K\IIII N < II MIOIM'IM. < I K 111 U«*l2> Analysis, Pg 13 You probably knew us as the were ew Park Hote With a totally new owner and i management team who are dedicated to making your stay as possible. IMOS>
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  • HOME NEWS
    • NEWS ROUNDUP
      • 79 2 I lIE SINGAPORE Institute of Standard* and Industrial Research (Sisir) is inviting publie comment on three draft specifications to he established as Singapore Standards, and on two such standards under review. Those to be drafted are specifications for disposable polystyrene cutlery, specifications for tightly
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      • 68 2 HIE SINGAPORE Joint Civil Defence Force will hold nationwide civil defence exercises Irom 15)92 onwards to bring emergency exercises to every Singapore household at least once a year. Home Affairs Vlinister Professor Jayakumar said yesterday the Gulf War had shown that civilians could be "very
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      • 58 2 CHIA TET FATT, an NUS Institute of Molecular and Cell Biology staff, clinched the top prize of 200,000 yen (about 552.600) at the annual Nagoya International Orchid Congress last month for a new method to detect virus-infected orchids. Mr Chia's work makes it convenient and
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      • 34 2 KJELL A NIELSEN has been appointed honorary consul of Singapore in Norway, with effect from March 4. He was Singapore's former honorary vice-consul there and he succeeds Anton F Merckoll.
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    • 335 2  -  By Harish Mehta TATA Inc, a New Yorkbased firm owned by India's leading private sector company Tata Steel, is opening a branch office in Singapore. In an interview with BT, Russi Mody, chairman of Tata Inc and chairman and managing director of
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    • 349 2  -  Ministry hopes to get TDB concessions From S N Vasuki in CAIRO EGYPT'S ministry of economy and foreign trade is planning to set up a trade centre in Singapore. The ministry is talking to several Egyptian companies to collaborate on the
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    • 357 2  -  By Lee Han Shih BARELY ONE YEAR after buying United House from United Overseas Land tor 530.6 million, Liem Sioe Liong's First Pacific group is now trying to sell the smallish office building opposite the Meridien Orchard hotel. The sale of United House, though conducted
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    • 357 2  -  By Genevieve Cua FRENCH CHEMICALS giant Rhone-Poulenc will be increasing its manufacturing base in Asia, a move calculated to double its business in the region within the decade. The company's general manager in Singapore. Steven Chou. said the group was currently scouting
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  • Page 2 Advertisements
    • 34 2 DIFFERENT FROM THE REST WINDHAM HILL RECORDS PIANO SAMPLER TLX K 1 PA HI/LOVE //APSK )RS -AJITAR SAMPLER A WINTER'S SOLSTICE TURTLE STRING N ■fVPPWHi 2 Pi. m P $Hw More to come ■Q^MM
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    • 97 2 On Sale Now! Business I Honf Kooj dn>«> It rruhtnc* Cli—i—i (to. k>He pi» aid pwfiuMt W «>HK»4wtpi H T^^Ml In this issue... Japan Korea: A new alliance? Hong Kong: Rising to the challenge China: Cautious reform continues Marketing: Japan gets the corporate image bug Corporate strategy: From shoes to
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 400 3  -  Proceeds to support expansion ot operations By William Chia SIME SINGAPORE is proposing a one-for-four rights issue to raise $108.75 million. It will issue 108.75 million new shares of 25 cents each to shareholders at an offer price of $1.00 per
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    • 320 3  -  By Quak Hiang Whai LEADING Japanese securities houses Nomura and Daiwa each just short of an international member's licence on the Stock Exchange of Singapore are already fully prepared for the local equities business. The two Japanese houses have been strongly promoting Singapore
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    • 352 3 Bernama PERWIRA Habib Bank Malaysia Bhd's rights issue, offered as part of a restructuring plan to put the bank back on a firm footing, has not been taken up by Habib Bank Ltd of Pakistan, one of its shareholders, its executive director. Raja
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    • 648 3 MARKET TALK Reuter MEDIUM-SIZED manufacturing and const ruction-related firms are tipped to lead Malaysia's next stock market rally when the present consolidation phase ends. Second-liners on the Kuala Lumpur Stock Exchange (KLSE) stand to benefit most from another year of robust growth
      Reuter  -  648 words
    • 291 3 Bernama BANK NEGAKA will give sufficient time to the 18 insurers who have tailed to satisfy the minimum solvency requirements to comply with the requirements before taking action, its deputy governor. Datuk Dr Lin See Yan, said in Kuala Lumpur yesterday.
      Bernama  -  291 words
    • COMPANY BRIEFS
      • 50 3 THE Tuan Sing group yesterday announced that Mr Eric Ballot has resigned from both his positions as Tuan Sing Holdings' managing director and SPP Limited's executive director with effect from yesterday. Mr Ballot is returning to France to start his own business.
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      • 82 3 JURONG CEMENT has formed an audit committee comprising three directors: Mr Whang Tar Liang (chairman). Dr Whang Sun Tze and Mr Tan Eng Sim. The committee was formed on March 15 in compliance with Section 2018 of the Companies Act 1989, Cap. 50. In
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      • 35 3 DIRECTOR Teo Soo Chuan yesterday announced that he bought 4.000 Singapura Building Society shares at $1.68 per share. His wife. Madam Goh Siok Cheng, bought 5,000 shares at the same price.
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      • 39 3 METRO HOLDINGS yesterday announced that directors Ong Tjoe Kim and Jopie Ong Hie Koan have bought 50,000 shares in the company at the price of $6 per share. The transaction was made on Monday.
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      • 46 3 THE OMEGA HOLDINGS share issue has been 58.6 times over-subscribed. A statement yesterday from MIDF Consultancy and Corporate Services said a total of 287,869 applications for 448.67 million shares were received from the Malaysian public for 7.53 million shares available for public subscription.
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      • 84 3 BOLTON PROPERTIES expects to make an initial capital commitment of Msl6o million (Sslo3 million) in the restructuring of Kedah Cement (KC) via subsidiary Malaya Industrial and Mining Corp (Mimco), MBT reported yesterday. Cement producer Mimco will later be listed on the Kuala Lumpur Stock
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  • Page 3 Advertisements
    • 323 3 It's ANA Hotel Singapore for me trom now on. J k ANA HOTEL SINGAPORE ir, I I 11 s i',_ v I It< I! I>< k. .in ll .1 X)IN US IN THE BT-INVESTMENT RACE CONTEST. WE'LL GIVE YOU $100,000 J hlTi m7|] I TO START THE BALL ROLLING. Yes.
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  • REGIONAL COMPANY NEWS
    • 350 4 HONGKONG TYCOON Li ka-shing's satellite television arm, Hutch Vision, is seeking IIKSI6O million (5536.3 million) up front from advertisers to help defray the start-up costs of the proposed HK52.34 billion regional TV service. The South China Morning Post said the group, chaired by Mr
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    • 382 4  -  By Dexter Lee THE HSBC GROUP has further divested its stake in Hongkong Hag carrier Cathay Pacific Airways with a sale of shares worth HK5686.4 million (S$ 171.6 million) to the Hvsan Development group. Yesterday, HSBC Holdings' indirectly-held whollyowned subsidiary. Fort Hail, agreed to
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    • COMPANY BRIEFS
      • 84 4 STATE-OWNED utility Electricity Corp of New Zealand Ltd (Electricorp) has nearly tripled after-tax profits over the past four years. But the possibility of privatisation is expected to dominate the next phase of its development. "What we said to the government is that if
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      • 99 4 NEP Realty Industry Co will take over another relfty developer, Nava Nakorn Co, by buying a 53 per cent the firm, worth about 950 million baht (5565.6 million), aiys a report in the Bangkok Post. The company has signed -en agreement to buy Nava Nakorn stock
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      • 55 4 ROLLS-ROYCE, the UK-based engineering company, is looking at the possibility of forming a joint venture in airctaft engine maintenance and overhaul or in parts manufacturing in Thailand, said its deputy chairman. Sir Ralph Robins. He said the company's 15-member team has been assigned to study the
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      • 78 4 US-BASED AT&T International Inc and Shinawatra Computer Group have reinforced their fledgling association through the former's transfer of its phone directories business in Thailand to the latter. According to a report in The Nation both companies are contemplating future cooperation in production of local telecommunications and related
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      • 133 4 SOUTH KOREA'S largest oil company Yukong Ltd £as signed a 10 billion won (Ss24 million) contract with firm Himont Inc to build a factory making propylene mer advanced materials (PPAM), a Yukong spokesman sfldA 50-50 joint venture company, called Yukong-Himont Qd, was set up
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      • 130 4 SOUTH KOREA'S Sammi Group said it would invest CSBO million (***** million) in Atlas Stainless Steels. Canada's only producer ot stainless steel. The investment, inclu<|ng operating funds and a programme to expand and modefflse the plant, will create 335 jobs and maintain another Construction of the
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  • Page 4 Advertisements
    • 349 4 This announcement appears as a matter of record only H Fj BENJAMIN SONS PTE LTD 5550,000,000/U5525,000,000 NOTE ISSUANCE FACILITY WITH A 5530,000,000 STANDBY REVOLVING CREDIT FACILITY Arranger Manager [W] ,Vr Ac/if/*/ tr f' Jf/Uffr/tr wJ Juh/Yk/ Lending Banks Deutsche Bank AG, Singapore Branch Keppel Bank of Singapore Limited Malayan Banking
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  • INTERNATIONAL COMPANY NEWS
    • 406 5 FT GLAXO, Britain's biggest pharmaceutical company, has fired the first shot in a battle over the patents on Zantac, its ulcer treatment which is the world's best-selling drug. It started legal action in the US on Monday against Genpharm Pharmaceuticals, a Canadian
      FT  -  406 words
    • 581 5 Reuter SOCIETE Generale dc Belgique, the sprawling Belgian conglomerate, is facing a strategy dilemma following a spate of weak 1990 profits at some of its key subsidiaries. The jewel in Gencrale's crown, nonferrous metals company Acec-Union Miniere, last week reported an 81
      Reuter  -  581 words
  • Page 5 Advertisements
    • 202 5 This announcement appears as a matter of record only I IPT MODERN PHOTO FILM CO. I and or I PT MODERN PHOTO INDUSTRY I members of I I THE MODERN GROUP I I US 32,000,000 I MULTI-TRANCHE LOAN AND STANDBY LETTER OF CREDIT FACILITY I Lead Managed By I STANDARD
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  • FINANCIAL NEWS
    • 407 6  -  Risk management industry of high quality, says Chase Bank vice-president By S N Vasuki SINGAPORE'S share settlement procedures are very smooth and the establishment of a central depository last year was a big step, according to Mr Marshall Carter. senior vice-president of Chase Manhattan Bank's
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    • 530 6 IHT JAPANESE industry, which has raised vast sums of equity financing through the sale of warrant bonds denominated in Swiss francs, US dollars and deutschemarks, added a new currency to the menu last week when Yamanouchi Pharmaceutic Al Co
      IHT  -  530 words
    • 281 6 Reuter FEDERAL RESERVE officials downplayed their differences on Monday and sought to suppress rumours of a revolt against chairman Alan Greenspan. They say a dispute over Mr Greenspan's authority unilaterally to alter the federal funds rate in line with a change in the
      Reuter  -  281 words
  • Page 6 Advertisements
    • 279 6 FOR SALE BY TENDER qvR 1 K Milton pari^ BOWRAL, NEW SOUTH WALKS, AUSTRALIA JLm> "Australia's premier convention destination." Championship 36 hole golf course under construction of which may be acquired separately Nestled in 870 acres of forest and parkland the Estate features: The Hotel accredited by the prestigious Relais
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    • 558 6 AN EVENT THAT PROMISES YOU THE EARTH The time has come to meet the Asia is ready for you Conference on the environment environmental challenges facing our planet Growing concern about environmental An international conference on the earth. Now you can help turn the tide of issues has reached governments
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  • THE REGION 1
    • 389 7 MBT US DIRECT investment in Malaysia is predicted to reach US$ll.2 billion (5519.8 billion) by the end of the year following plans by major US companies to increase capital in various industries. especially petroleum and electronics. Esso, Mobil and Caltcx the American
      MBT  -  389 words
    • 290 7 AFP PAPUA New Guinea's Foreign Affairs Minister, Sir Michael Somare, has accused the Australian mining giant, CRA Ltd, of being unrealistic in what he suggested was the firm's refusal to sell its stake in Bougainville Copper Ltd (BCL). In the strongest statement
      AFP  -  290 words
    • 276 7 Bernama BANK NEGARA. encouraged by the success of its bilateral payment arrangements with Iran, is aggressively pursuing efforts to formalise more such pacts with other Third World nations to help Malaysia diversify its export markets. Increasing the volume ot South-South trade would also
      Bernama  -  276 words
    • 216 8 AFP INDONESIA has ended a fieree battle between US, French and Chinese firms by awarding the launching of its latest communication satellite to a US company, an official said on Tuesday. Indonesia opted for the Delta rocket of the McDonnel Douglas Aircraft
      AFP  -  216 words
    • 342 8 Target to attract 2.25 m to 3.5 m tourists INDONESIA is expanding the capacity of its five international airports to accommodate large commercial aircraft in a bid to boost the number of tourist arrivals, reports The Jakarta Post on Tuesday. "The expansion of
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    • 265 8 Reuter AUSTRALIA will release up to 21 new offshore oil exploration areas in May this year. Federal Resources Minister Alan Griffiths said in Melbourne yesterday. The areas will include three in the Australiancontrolled "Area B" of the Timor Sea following the introduction
      Reuter  -  265 words
    • NOTE BOOK
      • 77 8 THE PHILIPPINES will seek about US$B4 million (S$ 148.7 million) in reparations to recover losses incurred due to the Gulf war. The claims would be filed with the United Nations as soon as documentation was completed, said Sedfrey Ordonez. the Philippine ambassador to the
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      • 65 8 SOUTH KOREA'S Samsung Co Ltd and Young-Chang Steel Co Ltd are forming a joint venture with Indonesia's P T Super Tatarava. A Samsung spokesman in Seoul said on Monday that the joint venture would build a steel plant in Tangerang. 45 km west of Jakarta,
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      • 72 8 THE INTERNATIONAL Monetary Fund announced on Monday that it is extending a US$l2 million (5521.2 million) loan to Laos to help fund a programme of economic reforms. The loan is part of a three-year Structural Adjustment Facility arrangement worth a total of US$2B million which the
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      • 46 8 THE INTERNATIONAL Coffee Organization announced on Monday that Vietnam became the inter-governmental agency's 73rd member country on March 26. Vietnam, which has expanded production rapidly over the past 10 years, formally applied to join as the organisation's 51st exporting country last September.
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  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 423 8 No. 1 Coleman Street. An address of distinction. Ideal for medium and large companies. Immediate occupation. Office units with areas ranging from 1.400 sq ft to 29,000 sq ft at attractive centres or branch offices Centrally located. I llltilfiititifllil the 10 storey office cum shopping complex ||HMmH offers all the
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  • THE WORLD
    • 445 9 But record current account deficit expected Reuter SOUTH KOREA will see the biggest current account deficit in its history in the first half of this year but is still expected to top this year's economic growth target, said its Economic Planning Board (EPB)
      Reuter  -  445 words
    • 314 9 NYT JAPAN will be forced to allow at least limited imports of rice if the US and the European Community lift their own restrictions on imports of agricultural products, says a senior Japanese bureaucrat and close aide to Japanese Prime Minister
      NYT  -  314 words
    • 190 9 FT EUROPEAN governments have expressed reservations about a US plan which calls on them to provide finance for a new US$l.5 billion (552.6 billion) fund to help the private sector in I .atin America. The fund was proposed as part of the
      FT  -  190 words
    • 290 9 NYT BR \/ll ind its commercial bankers have announced an agreement for the country to retire USSB billion (SS 14.2 billion) in unpaid interest that it owes. Ihe preliminary deal announced on Monday will open the way for the main
      NYT  -  290 words
    • WORLD WATCH
      • 83 9 CHINA'S exports grew by 24.1 per cent in the first quarter ot this year to U5513.39 billion (5523.7 billion) against last year. According to Customs statistics, imports rose in the first quarter by 11.7 per cent to US$ll.l4 billion. "After deducting factors such as
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      • 88 9 MEXICAN PRESIDENT Carlos Salinas de Gortari has pushed for a free-trade agreement on his first stop of his Canadian tour, hoping to open access to the 360 million consumers living in North America. He made his appeal on Monday first to a joint parliamentary session
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      • 75 9 PAPUA NEW GUINEA Prime Minister Rabbie Namaliu said yesterday that he will seek increased development aid, investment and trade during a visit to China this week. He is scheduled to arrive in Beijing tomorrow for a five-day visit, which is to include meetings with
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      • 101 9 EDUCATION gets a smaller piece of the economic pie in the US than in two-thirds of the world's industrialised countries, according to a study released on Monday by a teachers' union. "This study lays to rest the myth that the US spends more than other nations,"
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      • 64 9 OPEC MEMBERS will increasingly turn to other nations for help in financing growth in the *****, says Opec secretary general Subroto. Lower oil prices in the past decade had saddled most of the 13 Opec countries with external debt and other "severe" financial constraints, he
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      • 86 9 FINANCE MINISTERS of the 12 members of the European Community have turned down a request from the European Commission to forgive the debt owed to the EC by 69 of the world's poorest countries. The EC, independently of its members. is owed about three billion
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    • 416 9 NYT LAST MONTH'S surge in US unemployment made a lot of people wonder how the recession can wind down as long as workers arc losing jobs. In fact, layoffs and unemployment typically keep climbing long after spending starts to revive. "What
      NYT  -  416 words
  • Page 9 Advertisements
    • 355 9 AUSTRIA STYLE '92 j SINGAPORE j I May 15th 17th, 1991 ~~j 2.00 p.m. 6.30 p.m. 1 ANA Hotel Singapore I Fabrics Garments Accessories For the twelfth consecutive year, leading designers and manufacturers from Austria will present the latest fashion materials and accessories to buvers and agents in South Hast
      355 words
    • 90 9 No. we haven't added Ferraris to the fleet but we have introduced a new LJy reservations system that confirms your international car rental reservation faster I It lets you plan your with ease and with speed. It's called "MEGA HERTZ" and Hertz I I by any Hertz the world. Wok
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  • Page 10 Advertisements
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    • 207 10 A smßkux, NEW APPEARS TUNKiHTAMAT snmsnuu) cani )i>y bar Mi»r t VS ifh its \|K'iV.itiil.ir l'l.inn ilr-< ni«»|»v li.n in the klc.il |>I.rc lom-c the It's IK'tot >1 iflti lIHKt tX. IIiMVC femk /\«H|> Ihe < H.»f ii|Kt.i!i\ .it I Ik* Mv.itt r r T m 1 aiM I OUNGF
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    • 324 10 HARD ATM HITS SUBWAY! Yes! Hard Attack is now wowing the crowds at Subway. Be in the thick of the action tonight! Get a free round of the same drinks on your receipt if it s picked in our luck; draw at 10 pm 11 pm f-12 midnight SBWAY P|
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    • 291 10 4 Scandinavian Buffet Lunch April 1-30 Noon 2.30 pm Adult: $36+ Child below 10: $18 We serve the world to you at The Belvedere. K y J/ar>f/iiT< f> rfdwqpt'T' ktktraAtiMifafcrin 111 Orchard Road Singapore 0911 TH *****11 L 5) I WhetG tho wvlce Is good. H 4 WttBSmMM me ambience
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  • Page 10 Miscellaneous
    • 717 10 TELEVISION AND RADIO TTif* mnnp>\7 min saCl business on rawo K lit I I llfl It V lllclll 7nn am pmm int»rnatinnai 11 i the illegal dumping ot toxic 7.25 The Real Ghostbusters (CarJ 7.00 AM CNN International <l wastes. Hunter and McC all toon) BBC, 89.9 mHz in VNF
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  • LIFESTYLE
    • 746 11  -  Fox Butterfield finds the once slick Kennedy family organisation in disarray in the wake of the current rape scandal Fox Butterfield NYT CLOSE friends of the Kennedy family say that the family's handling of allegations that a woman was raped at the Kennedy mansion in Palm Beach show
      NYT  -  746 words
    • 398 11 CHATTERBOX JEFFREY TATE is resigning as principal conductor of the Royal Opera for a similar post at the Rotterdam Philharmonic Orchestra. No successor was announced. The company said that Tate would continue as principal guest conductor after he leaves the company in July. Tate.
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  • Page 11 Advertisements
    • 298 11 AND ENTEBTAIN A Yen For Fresh Japanese Food. iivii'i: An ((Mid »S 10 '>PM V' 1 i H 'S| I'KK Is M KJI < V f- WI9H B n) 15% si k\ ic F I mmm harc.f AND i llnif 4\,<>ss Unkai flies in tresh ingredients daily from Japan. To
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    • 297 11 MINTON The Kciiaaraul Whi'iv else rnwld you make tin executire decision? txis ness or dinner, what could be more ve "ban tract ona European cuisjne and fine wines served •r> r res' a jrant ght n the heart of Orchard Road? 'on S. T -e ve Set Lunch and from
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    • 230 11 jf Option, g Starting from Ist April, Tee Off C.afe rwill be introducing /^r a new dining experience. y a, jr LUNCHEON OPTIONS I Salad Bar from $14.00+ DINNER OPTIONS Tai Pai Thong from $4 00* wVv* F u BBQ sets from $22 00+ 51 TEE-OFF CAFE §5 Y°u Don
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  • 468 12 EDITORIAL THE die is east. Or should be. Last month. Deputy Prime Minister Lee Hsien Loong spoke strongly of the need for a strong national business ehamber. Business people nodded approvingly. Then MP and businessman Chandra Das, who ehairs the Government Parliamentary Committee for
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  • WHAT THE OTHERS SAY
    • 225 12 THERE has been no progress on peace since US Secretary of State James Baker's last trip to the Middle East in March. No wonder that the US has billed Mr Baker's current visit to Israel, Egypt. Syria and Turkey a "consultative trip". It may be that the
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    • 129 12 INCREASED fines are in the offing for motorists who commit offences such as speeding and indiscriminate lane switching. Motorists ean also expect the introduction later this year of a penalty of three demerit points for certain illegal parking otYences. These moves are necessary to safeguard the safety
      129 words
    • 150 12 THE hotline of the newly-set up Service Improvement Unit (SIU) received very enthusiastic response from the public on its first day. To some extent, this may answer the doubts some civil servants have on whether there is a need to set up another unit to improve
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  • REGIONAL VIEWPOINTS
    • 179 12 IF ILLEGAL logging continues unabated, the National Forestry Policy will become meaningless. In Kelantan, for instance, forest reserves are penetrated by loggers who cut down trees and burn the forest without taking into account the effect on the environment and the people. Illegal logging is also a
      179 words
    • 173 12 THE fact that Saddam Hussein has offered amnesty to the Kurdish rebels could only be an indication that Baghdad feels quite confident the uprising is petering out. Perhaps we should place the events now taking place in Iraq in a wider overall context, which is the
      173 words
    • 192 12 THE suffering of Kurdish refugees fleeing strife in Iraq has brought to focus a similar plight that has befallen other peoples from the arid plains of northern Ethiopia to the jungles of south-eastern Burma where the Karen ethnic minority is now facing grave hardship. Every spring, before
      192 words
  • 1042 12  -  Amid hopes of an upturn in the US economy, a strong dollar has worked to weaken overseas profits of the country's multinationals. Robert McCartney reports Robert McCartney IHT JUST as American companies are eagerly awaiting an economic revival at home to boost their profits
    IHT  -  1,042 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 49 12 DOONESBURY BY GARRY TRUDEAU 1 CAMWONF&2MPA• K/rrymwfs>'nahcyreaganl cmaelreacan.vwm?ntwrml arrujRAPPEQ. mecmvreap I ahA'SO tw&ft--1 HOUSE, THE TOWURMfiSOUTZHU 'HAPPY BtRIHOM TO OUR. OMNPSOHI THEY PIP CAMEHOH'S "ALTHOUGHNAHCYANPTHEPRESiPffI INO HIS TECP/BtAR %-VEFAL J UM, GRANDMA MP6PANPM" CARE OUN LOST HAPYETTOSeen€tRWJ6&W- J MONTHS LATER IBM TWPYBEAF CHU>.M)(MSSIXT&N MONTHS ou>, SHemexrwcßmm that M B
      49 words

  • ANALYSIS
    • 535 13 Profile of China's new Vice-Premier, a pragmatist keen on reform and modernisation Reuter ZHU RONGJI, the reformist mayor of China's largest citv. now has a chance to turn Ins pragmatic no-nonsense stvle of rule to national government in his new post of
      Reuter  -  535 words
    • 1356 13  -  In a recent interview with Time magazine. President Suharto touched on the issue of succession but remained vague about his own political future. In two related articles here, Yang Razali Kassim looks at the wider question of leadership and political transition in the region in the *****,
      1,356 words
    • 440 13 PRESIDENT Suharto of Indonesia is a simple man. When he needs a break from the mind-boggling routine of leading 186 million people to prosperity, he spends time breeding cattle or going fishing. The Indonesian leader may not be much of a scholar, hav ing left school
      440 words
  • Page 13 Advertisements
    • 70 13 WHAT DISTINGUISHES THE KNOW FROM THE KNOW-not: H -TSr-' SUITABLE FOR UNLEADED PETROL AUDI 80 2.0E AUTO Connoisseurs of cars choose the fuel-injected Audi 80 2.0E Auto for its unbeatable German engineering. They appreciate and understand what goes into the making of a truly great car. The knowledge sets them
      70 words

  • FOCUS
    • 750 14  -  Brian Beedham on the right of Kurds versus the right of sovereignty Brian Beedham IHT THE Kurds are dying for the sake of a commandment. It is a commandment written quite recently, by civilised nations, in the name of civilisation. It has a great deal to
      IHT  -  750 words
  • Page 14 Advertisements
    • 290 14 Spend |You Could Win A Trip To Australia a Between 1 April and 31 May, m V l B l| i 31 r -ijfcill* Jj ever V 25/ you s P encl on one bill is? -gpßto fi at the following outlets Oscars BS Brasserie Wine Bar, Casablanca s r^
      290 words

  • SPORTS 1
    • 514 15 THE US MASTERS UPI SUDDENLY, Jack Nicklaus winning a seventh Masters doesn't seem quite such a long shot. Nicklaus, who last won the Masters in 1986 his last non-senior triumph enhanced his chances over the weekend when he overcame a 12-shot deficit to
      UPI  -  514 words
    • 381 15 Reuter NICK FALDO could do no wrong in the last two Masters, but as he prepared to defend his title, the Briton found himself in a flap over unflattering remarks about fellow-golfers. Paul Azinger's unorthodox stance, the attitude of Curtis Strange, Payne
      Reuter  -  381 words
    • 320 16 One injured, two beaten in first-round matches of Bausch and Lomb event AP RAIN washed out nearly half the opening-da> schedule of the Bauseh and Lomb Championships on Monday, but not before three of the top 16 seeds made early exits from the U*****,000 tennis
      AP  -  320 words
    • 147 16  -  By Cassandra How 'I'liE I IRS I international golf show in Singapore Golf Asia '91 has attracted more than 120 exhibitors. Ihe show will be opened tomorrow by Zulkifli Mohammed, Political Secretary to the Ministry of Community Development and Member of Parliament for Eunos GRC,
      147 words
    • 398 16 Reuter FORMER heavyweight champion luirry Holmes, 41 and in a hurry, crammed two fights into one night for his comeback debut. First he won a preliminary bout with Tim Anderson in the ring, knocking out his journeyman opponent 123 seconds into the first
      Reuter  -  398 words
    • SIDE LINES
      • 71 16 ZOLA BUDD and archrival Elana Meyer, two of South Africa's top women athletes, clocked national record times for the 2,000 m and 5.000 m respectively in Cape Town on Monday. Meyer recorded 14 minutes 49.35 seconds over 5.000 m, the third best
        71 words
      • 68 16 AN ENORMOUSLY popular man with unmatchablc numbers took the mound to thunderous applause at Arlington Stadium for Monday night's baseball season opener. Then he gave way to Nolan Ryan. President George Bush threw out the ceremonial first pitch before the game between Milwaukee and Texas. The stadium
        68 words
      • 61 16 ATLANTA'S hot and humid summer climate has raised safety concerns for horses competing in equestrian events during the 19% Summer Olympics and may force a change of venue. Olympic officials began considering moving some of the equestrian events after Etienne Allard. secretary-general of the
        61 words
      • 49 16 WILLIE SHOEMAKER, the leading winner in thoroughbred racing history, was seriously injured in a car accident on Monday night. "He sustained major internal injuries and is undergoing surgery at Glendora Community Hospital, said California Highway Patrol policeman Joe Flores. "He was alone in his car."
        49 words
      • 42 16 DIEGO MARADONA is to be invited to train with Argentina's national team. The Noticias Argentinas agency said coach Alfio Basile was planning to offer Maradona the opportunity to train with the squad preparing for July's America Cup regional tournament.
        42 words
      • 76 16 THE 20TH MAY DAY Charity Open will once again be held at the Singapore Island Country Club this year. From a humble collection of S3O (XX) in its first year, the green fees, donations and proceeds from the charity gala dinner reached a mammoth $500 (XX)
        76 words
  • Page 15 Advertisements
    • 204 15 oavsoN steNiA CONTEMPORARY SIGNAGE FROM THE USA r 1 j wßm j j Mst moving ever changing world—it is important to nave clear, concise communication IMAMMHH I DAVSON/SIGNIA meets this II with range of sleek, modern I and designer styled changeable letter signs i W* Desk Plates x Door Plates
      204 words

  • Page 16 Advertisements
    • 420 16 THE POWERFUL DEADLY COMBINATION 0F... GREG NOMIAN 8. Backed by COBRA S technological advances and Top Tour-Pro experiences of Greg Norman, this range of golf clubs are for discriminating golfers both professionals and serious amateurs. The TRD II Irons 8. Metal Woods come with Platinum Super Comp The Baffler Blade
      420 words
    • 28 16 Find a new tuner for your trumpet Toot your trumpet to a variety of virtuosos and clean out your store room with a convenient, fast-acting classified ad. J?
      28 words

  • Page 17 Advertisements
    • 781 17 tlmt t<> tasty, our iicip offer After SAS to duflFy pillow. to > ou a ain Euro Class a a <^^^^^B^RBBPH^^HH^BP'' M SF^ppitaK need to know. If you would like to learn how ISS|U|| how SAS jjftsfi^raQjM^^Kpp» KHQ6HBI Euro Class Ok^aA^ more productive and enjoyable. Coordinated the gateway to Europe
      781 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4938 18  -  By Magdalene Ng VARIOUS rumours about Malaysia's political leaders, businessmen and companies hived off a substantial chunk from Singapore's share prices yesterday afternoon. Trading was lethargic in the morning, with share prices drifting lower on thin volumes. When activity resumed in the afternoon, however,
      4,938 words

  • 4082 19 Main Board lu Nan Sang 440 »NI H\S% (il»HS$l60 <W1 MS O V'.| ImihvI'.k itic III MO H I cimg I in 2 IO 4 I.X* Faotk an SO« >»7'• H' .> t 4 I ii si < .ipit.il 14> 1 Inchcapc 470 t 2
    4,082 words

  • BT SHARE INFORMATION SERVICE
    • 171 20 Company Date Year Group Met Met earnings Gross ann to profit/loss (L) per share dividend (000) (cents) H Plaza Apr 8 Dec 90 $6 933<$3 38/> 1 Ml 1) UOl Apr8 Dec 90 $40 171(123.939) 96(5 7) 6(3) gAT Apt 6 Dec 90 130 404(122 398) 33 8(16
      171 words
    • 347 20 Company Date Half-year Group pre-tax Interim ann to profit/toss (L) dividend (000) Kump Emas Apr 5 Ian 91 MJ5 333(M$/ 552) 2(2) Rashid Hussain Ap( Nov 90 MJ<'1 004(J*****) Seal Inc Mar 30 Dec 90 M$3 848 $b 892) longhah Hldgs Mar 29 Dec 90 MJ1.514UJ378) Boustead Mar
      347 words
    • 683 20 Company Date Year Croup pre-tax Met earnings Gross ann to profit/loss (L) per share dividend (•000) (cents) A'com Apr 3 Dec 90 M$7 635($1.124) 94(14) Ian Chong Apr 2 Dec 90 M$271.671($153.678) 24 5(159) 10(6) City Dev Ma' 30 Dec 90 $*****($71.938) 95(7 9) 15(15) IJMCorpn Mac 30
      683 words
    • 275 20 Apr 8 Cerebos has invested 160 m baht <SJllm) to install machinery in a plant in Thailand as part ot its plans to shift its chicken essence production facilities to Thailand OCBC Bank. Wearnes group and US based Walden International have set up two new companies in late
      275 words
    • 1507 20 Current Ex Books Date Total (or Total for payment date close payable the year last year Acma 5%TE Jon 5 Jun 1/ Jul 1 10%TE Anrtek En t 6%TE(I) Apr 11 Apr 17 Apr 26 6%IE 12%TE Awno 5%TE Feb 25 Mar 7 May 15 12 5%TE 25%TE
      1,507 words
    • 813 20 BONDS, LOANS WARRANTS Company Cmwlw p*h4 Cwwrsiow trm hr mtamy «tor» CIC Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Low Causeway Wt 2/10/89 to 20/10 94 1 warrant p*us JO 77 cash or 1 warrant plus JO 77 nominal amount of loan stock Chan Notes
      813 words
    • 185 20 Lien Hoe Corporation Bhd: EGM at MUI Conference Room. Ist Floor. MUI Plaza, jaian P Ramlee. ***** Kuala Lumpur on Saturday. April 13, at 10 30am Sports Toto Holdings Bhd: EGM at the Banquet Room, Kelab Darul Ehsan, Taman Tun Abdul Razak. ***** Ampang Jaya Selangor Darul Ehsan
      185 words
    • 280 20 Company Rights Issue Dutop Est Restricted issue of S88 514m nominal value of 101 Convertible Redeemable Unsecured Loan Stock (CULS) *****9% ssued on the basis of SI nominal amount of CULS for every 3 ordinary shares of SI each hetd at nominal value Ex-date Apr Boohs dose Apr
      280 words
    • 467 20 Company Rights Issue (lcom One tor two M$1 00 per shafe Issue of «0m Cumulative Redeemable Preference Shares (CVS) of MSO 10 each at MSI per share with 10m detachabie TSR on the basis of 1 CRPS with 1 TSR for every 4 CRfS Boner One for tour
      467 words
  • Page 20 Advertisements
    • 114 20 I NEWS TRAVELS ALL ADVERTISING MESSAGES arc 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 1 lines. Everydav Shipping Times
      114 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4081 21 Bernama SHARE PRICES closed broadly lower under selling pressure yesterday with 229 losers being recorded compared with only 14 gainers. Another 11 counters finished unchanged. The KLSE Composite Index fell 9.69 points to 572.44 while the Industrial Index finished 16.11 points lower at 1,113.23. The
      Bernama  -  4,081 words
  • Page 21 Advertisements
    • 489 21 Glub, Glub, Glub The Republic's rapidly rising skyline is worrying property developers that Singapore will soon be inundated by a glut of office buildings and retail space. How soon? Perhaps by the I jfc I KL§ end of 1992. Fearing a replay of the recession years, when an |§J f
      489 words

  • TOKYO STOCK EXCHANGE
    • 2228 22 Reuter TOKYO STOCKS closed easier yesterday. Light arbitrage selling hit prices while uncertainty over interest and exchange rates sidelined most investors. Brokers said the market was likely to stay quiet ahead of the release of US producer and consumer price indices later this
      Reuter  -  2,228 words
  • STOCK EXCHANGE OF HONGKONG
    • 2034 22 HONGKONG share prices closed sharply lower yesterday on pessimism about the chances of China and Britain reaching an accord on the new Hongkong airport. The blue-chip Hang Seng Index ended 54.71 points lower at 3,757.30. Brokers said there was strong selling from London
      2,034 words
  • Page 22 Advertisements

  • REGIONAL STOCK MARKETS
    • Dow gives Australian stocks a lift
      • 236 23 MARKET MAKERS were yesterday evident in Australian stocks in an otherwise dull market which closed higher on the hack of New York's firmer lead overnight. Blue chip Wall Street stocks sent the Dow 22 points higher by the close, paving the way for a stronger performance on the local
        236 words
      • 1265 23 Australia \pr 9 A cots Vol('OO) AC Minerals 74 I ***** ACM Gold 35 unch 1895 ANZ Bank 324 3 5233 Abcrfoyle 395 F 5 100 Add Stm II I ***** Advance Bank 540 unch 864 Alcan 150 3 85 Amcor 467 4 7994 Ampol Ex 272 I 1046 Argo
        1,265 words
      • 535 23 TAIWAN share prices surged in early trading yesterday because of enthusiastic bargain-hunting, but late selling pulled the index off its highs, dealers said. The Weighted Index finished 69.79 points, or 1.3 per cent, higher at 5.349.76 compared with Monday's 5,279.97 close. Earlier, it briefly broke through 5.400 points. Turnover
        535 words
      • 900 23 SEOUL STOC KS fell for the third consecutive day yesterday amid continued tight liquidity and brokers said most investors withdrew to the sidelines due to a lack of fresh news to boost the market. The Composite Stock Index ended the day at 646.04, down 0.42 points from the previous
        900 words
      • 716 23 JAKARTA stock prices closed higher as more buying orders came into the market vesterdav, brokers said. The official index rose 2.73 points to 410.79 and turnover was 4.06 million shares, against Monday's 3.29 million. Brokers said locals started buying ahead of the holidays next week, in which the stock
        716 words
      • 827 23 A STRONG RISE in the finance sector pushed Thailand's SET index higher in quiet trade yesterday after the long holiday weekend, brokers said. The announcement of some strong first-quarter results helped the market to rise, a broker at Ekachart Finance and Securities Co said. The SET index closed 11.11
        827 words
      • 113 23 MOST leading New Zealand shares posted modest gains to take the Barclays Index Estimate higher at the close yesterday. "We saw some good buying across the board," said John White of Cavill White Securities. "We should move up, slowly over the next few weeks it won't go away
        113 words
      • 87 23 Close Previous \pril 9 SYDNEY All Ordinaries Index 1.449.2 1,445.6 K3.6 All Industrials Index 2.245.3 2,2.16.4 8.9 All Resources Index 840 5 840.5 uneh Turnover (million) 93.32 70.58 f 22.74 BANGKOK SKI Index 885 75 874 64 Hl.ll Turnover (million baht) 4,840 4,030 810 JAKARTA Composite Index 410.79 408.06 *-2.73
        87 words
      • 383 23 In local current-) In S$ In US$ S da) S )«r S da) S year da) S sear \pr H Index ctMjt change change change change cfcngge World 413.3 -0.2 15.4 -06 13.8 -1.0 11.9 fEAH: 547 1 -0.5 16 4 -1.2 12.9 -1.6 11.0 Furope 432.6 -0.5 18.7 -1.7
        383 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • Program buying lifts Dow to higher close
      • Article, Illustration
        1192 24 ALTER TRADING, in a tight range for most of the day on Monday, US blue chips were swept to a higher finish on a late bout of program buying, traders said. The Dow rose about 22 to 2919 with gainers topping losers by three to two. Volume was
        1,192 words
      • Article, Illustration
        812 24 LONDON SHARKS were firmly anchored in a tight seven-point trading range yesterday at midsession, showing small gains in light trade, dealers said. By 1055 GMT. the FTSE 100 was up 5.7 points at 2,535.6. "It's a pretty solid performance," one broker said. "There's still more money wanting to come
        812 words
      • 289 24 TORONTO STOCKS on Monday closed flat in thin trade after keeping to a narrow range through the session, dealers said. "It's Monday and it's the home opener of the baseball season, and as a result the stock exchange is a pretty lonely place," one trader said. The composite index
        289 words
      • 393 24 THE JOHANNESBURG stock market was quietly steady yesterday morning in the absence of any fresh stimulatory factors, dealers said. Gold shares edged higher in places as world bullion prices held above USS36O an ounce while the rest of the market drifted narrowly around their recent firm levels, they said.
        393 words
      • 264 24 DUTCH SHARES yesterday extended their gains at midsession, recouping Monday's losses after a stronger Wall Street triggered light demand in a tight and quiet market, dealers said. By 1130 GMT. the CBS Tendency Index had firmed 0.8 points to 97.2 after shedding 0.6 points on Monday. "After a small
        264 words
      • 87 24 Brussels .\I*R X Francs j FORWARD MARKET Accc 2700 unch Arheil 4440 t 20 A slur 1126 unch Brascan 5')4 t 6 (anpac 620 5*W Cock 16') -2 IK- Beers 770 f 20 Ehcs (ih-lnno-Bm 1322 -X (tcvacrt 7490 10 (ir Bru l amb 3770 10 llobok Petn> ***** 25
        87 words
      • 269 24 GERMAN SHARES yesterday ended a fairly quiet trading session mixed, after follow-up orders failed to emerge for most stocks after early gains. The 30share DAX index ended 2.16 points higher at 1.582.11, well below its early high of 1,591.96. Dealers said hopes of breaking new ground above 1.600 DAX
        269 words
      • 191 24 ITALIAN SHARES yesterday opened weaker and remained depressed in light trading, with agribusiness group Eridania sliding 3.5 per cent after it an- nounced plans on Monday to raise its capital by up to 281 billion lire. "Only banks are recovering, with BNL leading the way. The rest is weak,
        191 words
      • 262 24 FRENCH SHARE prices recouped early losses by midsession yesterday in a cautious market dominated by activity in a clutch of weighty blue chips, traders said. The CAC-40 index nudged up 0.30 per cent to 1,853.15, a gain of 5.58 points at 1140 GMT. Midsession volume was about 1.2 billion
        262 words
      • 127 24 AUSTRIAN share prices continued to firm on Monday, shrugging off weaker sentiment on other European bourses, and carrying the Vienna Bourse index to its fourth successive 1991 high. The index rose 3.77 points to 582.77. Gains were seen across the board, with holding company Constantia up 89 schillings at
        127 words
      • 278 24 SWISS SHARE prices yesterday opened slightly higher in quiet trading on the back of overnight gains in New York as interest continued in selected blue chips, dealers said. The SMI index of leading shares rose 13.8 points, or 0.82 per cent, to 1,707.2, after about 20 minutes of trading.
        278 words
      • 93 24 April X l«w« l*rv» MMfS NEW YORK Dim Jones 2.918 56 2.896 78 NYSE hinancial 152.34 ***** +0.88 S& P 500 378.66 375.36 +3.30 Turnover (million) I39.00 187.1)0 -48 LONDON Financial l imes 30 1.999.0 2.014.5 -15.5 FTSE 100 2.529 9 2.545.3 -15 4 Turnover (million) 5*>2.7 601.0 -8.3 AMSTERDAM
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  • Page 24 Advertisements
    • 60 24 The reports for Brussels and Stockholm were not available 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
      60 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1179 25 REPORTS THE US DOLLAR was little changed in directionless early European trade, starting just above Monday's I ranklurt closing levels but slightly below the New York close. The market lacked new ideas on the dollar's future trend, although the underlying sentiment
      1,179 words
    • 428 25 Cross rates A P r 9 USS SS MS j Dm I Yen Sf r \S N/S USS 1.7705 2.7518 1.6945 137.15 0.5671 ***** ***** 1.6878 SS 0.5648 1.5543 0.9571 0.7746 0.3203 0.8114 0.7179 0.9533 MS 0.3634 64.34 0.6158 0 4984 0.2061 0.5220 0 4619 0.6133 Dm
      428 words
    • 591 25 Interbank rates Bid Offer Overnight 4 3/8 4 1/2 1-month 4 1/2 4 5/8 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode 4-1 J |S$ Hid Offer 7 days 6 1/16 6 VI6 j 1 month 6 6 1/8 2 months 6 1/16 6
      591 words
    • 350 25 Reuter A HANDFUL of commercial banks and Wall Street firms are poised to launch the first bonds backed by investment grade corporate debt as soon as investors are found. "It's now do-able." said Linda Moses, an analyst at Moody's Investors Service Ine,
      Reuter  -  350 words
    • 138 25 Reuter THE US Treasury mark buoyed by expectations of least one more round of c. eral Reserve credit easm may trend higher on a shot term basis, technical analy said. But some technicians ded that they are still c<> cerned about intermedv trends, especially the
      Reuter  -  138 words
    • 1018 25 SIMEX EURODOLLAR D Open High Low Sett Est Vol Op/lnt Vol Jun 91 93.66 93.68 93 66 Sep 91 93.40 93 40 93.38 Dec 91 92.92 92.93 92.91 Mar 92 92.71 92.72 92.71 Jun 92 92.37 92.37 92.37 Sep 92 92.10 92.10 92.09 Dec 92 91.80 9180 91.80
      1,018 words

  • COMMODITIES
    • 269 26 AFP SEVERAL US and other Western firms arc ready to join in oil exploration in Yemen where the first oil tields were found in 1987, the alHaq newspaper reported. Texaco, Pectin, Exxon and Atlantic Richfield from the United States, Agip from Italy and
      AFP  -  269 words
    • 254 26 Reuter THE United States oil industry. constricted at home by high costs and lack of new acreage, is looking to its southern neighbours for future growth, a senior executive with Amoco Corp said. "Industry's interest is turning to areas that have not
      Reuter  -  254 words
    • 123 26 AP FRANCE'S Elf Aquitaine oil company and the Qatar General Petroleum Corp have reached agreement on developing Qatar's huge offshore gas field in the southern Gulf, the Middle East Economic Survey reported. It said the French company will be involved in the second-stage development
      AP  -  123 words
    • 863 26 REPORTS THE price of tin rose four sen to MS 14.91 per kg on the Kuala Lumpur tin market on the continued strength of the London Metal Exchange. Dealers said the metal moved up another US$35 per tonne on the LME to
      863 words
  • 1484 26 Rubber Apr 9 HAS (fob in bales) S centv'kg Noon Close Inl 1 KSS Prompt 142.25/ I43.25N 142 00/143HON Int 1 RSS May 91 145.25/145.75 145 00/145 50 lnt 1 RSS Jun 147.25/147.75 147.00/147.50 Int 2 RSS OP 142.50/144. SON 142 50/144 SON Int 3 RSS OP 138.00/140 OON
    1,484 words
  • Page 26 Advertisements
    • 813 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF SELECTIVE COMMUNICATIONS PRIVATE LIMITED ON MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company held at 12 Rochester Park. Singapore 0613 on 4 April 1991 the following Special Res
      813 words
    • 11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1169 27 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA895 1235 MH/SQ 671 I8UO QF031 MH63I 1545 1640 1 QF81 2000 ~QF82 SQ227 2200 2245 SQ 113 MH613 1805 1850 MH610 MH543 1715 1730 t 7,IC Amsterdam GA895 KL831 1235 1410 KL832 SQ24
    1,169 words
  • THE TRAVEL PAGE
    • 621 27  -  POSTCARD FROM PARIS By Francois Raitberger COUNT Antoine Franca is de Nantes (17 5 6-1836) must be wondering why long-haired, earringed youths are sitting on his grave drinking wine and smoking joints. He is buried next to 1960s American rebel rock singer
      621 words
    • 154 27 As at 3pm yesterday: IxkmI dollars to one unit of foreign current) Currencies Bid Offer Australian dollar 1.184 1.404 Canadian dollar I.S2I 1.541 NZ dollar 1038 1 068 Sterling pound 3.108 3.128 US dollar 1.7650 1.7750 lioeal dollars lu 100 units «if foreign turrenc) Austrian schilling 14.70
      154 words
    • 86 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April 17th International Centra Fundacion hi (541(*****25 Machinery 5-22 Booi Fair Municipal dc l.ibro Instruments Fxhihition Fxposiciones. \pril XVI International Bueno\ Chamber of (541(*****4 Buenos Aires I I-2f> Furniture Aires Manufacturers April International Barcelona Foirc 4c <34».V4233IOI
      86 words
  • Page 27 Advertisements
    • 34 27 Ronald, you'll relish Finnair's Hamburg service. Finnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. ®/=y/VA/WW We know Europe from to Finnish.
      34 words
    • 45 27 Jr Prim K Improper That's what Haadyai is like. f H A city of contradictions. Behind a laid-back, respectable facade lies a sex town which is likely to resist changes. Part Three of our series on the sin city Thai authorities want to clean up
      45 words
  • Page 27 Miscellaneous
    • 320 27 Boost given to Nelson 9 All alone despite being giv- 9 j en international assistance 10 Travesty of a race had to 11 What the chippy has at his hJ fingertips (4) '■H 12 Was he banished from a French island? (5) I I I 1 I 1111 Component of
      320 words
    • 241 27 Singapore <hitlook Showers out several areas in the late afternoon. Forecast: Maximum temperature 32.8* C Assoc humidity 63% Minimum temperature 24.8 X' -I Assoc humidity 97% Hours of sunshine 9.20 Rainfall in mm Nil Rainfall this month 30.5 Rainv days this month 4 World forecast Asia-Pacific lli/lo* C'ond. Auckland Showers
      241 words
    • 23 27 JWU-Fixit UiV-\v/ CAM T I MfWCPi GOOD JO& SP^OOUS cop^ppcar a wugg. \n my u>AC,es 6397 A C EVENING STANDARD CO. LTD. 1962-1991
      23 words

  • 447 28  -  Operators count on commissions to offset low rates By Hong Lee Tiam UNSCRUPULOUS tour operators in Taiwan arc giving Singapore bad publicity. They offer travellers cheap packages and then fleece them by ushering them into designated shops. These operators, mainly from Singapore itself, have
    Source: STPB  -  447 words
  • 225 28 Reuter REGULATIONS governing foreign insuranee firms in Japan will he abolished under wide-ranging preliminary proposals on deregulating the insuranee industry, the Japanese Finanee Ministry (MOF) said yesterday. MOF officials said barriers between Japanese and non-Japanese insurers would be eliminated. There are 26 Japanese
    Reuter  -  225 words
  • 409 28 Reuter A SLIGHTLY higher rate for one-month Bundesbank repurchase tenders is a clear sign that the German central bank is tightening monetary policy a notch in an attempt to protect the mark on foreign exchange markets. Dealers and economists in Frankfurt said yesterday that the mark's
    Reuter  -  409 words
  • 207 28  -  By Lilian Ang SINGAPORE Press Holdings' AudioTex service, launched on Monday evening, has met with overwhelming response from callers eager to try out the service. The newspaper group said it was flooded with telephone calls to its Classifone and Infoline services yesterday. Classifone is
    207 words
  • 303 28 Agencies PROPOSALS for a UN-pro-tected haven for Kurdish refugees in northern Iraq took shape yesterday but Baghdad furiously rejected the plan and said it would use all t means to block it. The British-sponsored 1 plan would set up an enclave for civilians fleeing
    Agencies  -  303 words
  • 342 28 Reuter THE Soviet government said yesterday the country's economic crisis had deepened in the first quarter of this year and it put forward tough new proposals for stopping the slide towards total collapse. An anti-crisis programme, published by the official Soviet
    Reuter  -  342 words
  • 237 28 AFP TAIWAN approved 108 overseas investment projects worth USS749 million (about SSI.3 billion) for Taiwanese businessmen in the first quarter of 1991, a 227 per cent jump in value over a year earlier, the Investment Commission said yesterday. Meanwhile, approved investment
    AFP  -  237 words
  • Page 28 Advertisements
    • 416 28 IS/ICUF^EESCZI —II m Italy The Richness Of Leather Handmade To Perfection. 30 31 May Hyatt Regency, Singapore A 3 4 June Hong Kong Convention Exhibition Centre A b 7 June Hilton Hotel, Jakarta This high level 2-day executive workshop w ill The w hen. how. where w hat of in
      416 words
    • 383 28 P I IN/ICZDF^^E^ECZI —II The Richness Of Leather Handmade To Perfection MARKETING FOR CHIEF EXECUTIVES AND DIRECTORS May 31,1991 SS46O SIM members/SSSSO non-members This seminar will give a comprehensive understanding of the processes involved in the I preparation of a marketing plan, the relationships between the elements in the Marketing
      383 words

  • Shipping Times
    • 465 29  -  By Rahiita Elias SOME $75 million will be spent on developing Singmarine Dockyard's Main Yard as it gears up for full-scale operations in 1993. A company official told BT that Singmarine, a member of the Keppel Group, will construct two building
      465 words
    • 420 29  -  By Carolyn Lim A LEADING British aerospace company, Lucas Aerospace, has made Singapore its base for customer support in the region. For a start, the $4.8-mil-lion base will repair and overhaul Lucas-made aircraft systems used by commercial, general and military aircraft. The services
      420 words
    • 179 29 NYT EXECUTIVES of Eord Motor Co did not receive bonuses in 1990. according to the carmaker's annual proxy statement released in Detroit on Monday. More than 5,00() of the company's senior executives ordinarily receive bonuses when the company prospers. But profits plunged
      NYT  -  179 words
    • 266 29 AP FAUL TY software in a computerised flight navigation system could give an erroneous display, causing airliners using the equipment to go off course. The liS Federal Aviation Administration (I AA) said on Monday that the agency had sent an airworthiness directive by telegram
      AP  -  266 words
    • 271 29 NATIONAL carrier Neptune Orient Lines (NOL) is sponsoring a Si million shipbridge simulator at the Singapore Maritime Showcase (SMS), which will open in December. The Port of Singapore Authority, which owns and manages the $5-million centre. is inviting sponsors for the other
      271 words
    • NEWS SUMMARY
      • 43 29 MALAYSIA'S Pclangi Air could bccomc a major Southeast Asian regional and perhaps even intercontinental operator if the ambitions of Ismail Abu Bakar, its general manager, are realised. The airline recently expanded its operations to Indonesia and Thailand Page 2
        43 words
      • 56 29 IF THE United States recession is to end. some analysts believe there must he increased consumer spending on cars since the car industry is such a major part of the country's economy. The problem, however. is that many would-be car buyers arc failing
        56 words
      • 42 29 TRANS WORLD Airlines will have to stop Hying if its London routes are sold to American Airlines, claims a letter to US Transportation Secretary Samuel Skinner, who has been considering the route sales Back Page
        42 words
      • 33 29 A NEW high-speed catamaran designed by Japan-based NKK C orporation to ensure a comfortable ride even in rough weather will soon be out on the market Back Page
        33 words
    • LOG BOOK
      • 86 30 111 PENINSULAR and Oriental Steam Navigation Co &O) is seeking a listing on the Hongkong stock exchange, haii man Lord Sterling said yesterday: "I think a very good of being able to demons! r ate one's belief in what one's »iiig and also to
        86 words
      • 88 30 \PAN's Nippon Yusen K K (NYK Line) said on Monday would lease four large container ships to Singapore's eptune Orient Lines (NOL) to ply Southeast Asia-New «»rk routes via the Suez Canal from October. NYK offiis said NOL would provide a weekly service
        88 words
      • 73 30 PURTAULDS pic said it is to combine its aerospace inrket related activities into a new Courtaulds Aerospace usiness. The international materials group said the new tospace unit would bring together its Product Research hcinical Corp (PRC) sealants and adhesives division, its Soto and DeSoto Titanine aerospace
        73 words
      • 109 30 OMPANIA DE TELEFONOS de Chile SA said its quar--ly interim dividends to be paid in May, August and uvember 1991 and February 1992 will amount to 52.5 per v. mi of each quarter's net income. The company said its !9*>o policy provided for interim dividends of
        109 words
      • 115 30 >! \C"K conditions prevailed in most areas of the tanker mrket last week, London brokers EA Gibson's latest re.•it showed last Friday. Without the presence of Iranian Mrterers in the Middle East Gulf, demand for VLCCs and 'LCCs (very large and ultra large crude carriers, over 'HJ.OOO
        115 words
    • 1636 30 HARTERING activity on the Jiy cargo freight market on vlonday was routine with rates :iichanged to steadier, brokers •lid. Ihe Baltic Freight Index rose further 10 points to 1,608. with l'u- non grain routes taking most t the gains and all time-charter uh-indices higher. Details emerged of the
      1,636 words
    • 1277 30 Pelangi Air, which was formed only in 1987 and currently has a fleet of three planes, is already planning to become a major regional carrier by expanding into Singapore, Indonesia and Thailand Air Transport World Malaysia's Pelangi Air could become a major Southeast Asian regional and perhaps
      Air Transport World  -  1,277 words
    • 529 30 THE RECENT slide in freight rates seemed to have slowed over the past week on the dry cargo market but low levels ol activity continued to prevent a recovery, traders said I he Baltic International freight futures Exchange (BIEEEXfs Baltic I reight Index finished the week at 1.598.
      529 words
    • 11484 38 Mms is a list of ships loading at Singapore for ports around the world. It tabulates, by d stination, the name of the ship, the shipping line in\olved and the estimated d tte< of arrival and departure from the Port of Singapore. \d\aneed dates are published for
      11,484 words
    • SHIPS IN PORT
      • 610 45 VkmI Voy No Berth Arrrvi Departue j Vessel Voy No Berth km* Oepirti»e Keppei Wharves Snraksa Ub 91 M2B 1004/1000 1004/1800 Hong Soon ***** K29 alongside 09 04,1200 j Swee Long 1 19//91 M4A 09 04/2300 10 04/1200 Huang|.nshan 91/2 K33 15 04 1830 long Sern 02/91
        610 words
      • 1449 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boafac/Balance Mb Shp Voy No Etb/Btr Period From To From ACX Jade 42A 10/1500 1_ 09/1500 09/1659 09/1900 AkaBhum 480N 11/1445 3 10/0700 10/1159 10/1400 4 10/1200 10/1459 10/1700 Anson *****N 11/2359 3 10/0700 10/1159 10/1400 4 10/1200 10/1459
        1,449 words
      • 320 45 Pwmi Pot Berth in Buttarworth on Apri 9: 1: Far East Success; 2: Taibah I. Thai Yang: 3 Malayan Success. 4 ml; 5: ml; 6 ml Penang Wharf; Nfi ml; C 8; FNS Iris; S8 USS Holt BCT: Bl: Juno; 81l An Jin Has; l/B: Barge Lian
        320 words
    • 505 46 NYT MOST forecasts that the recession in the United States is about to end assume that consumers will soon buy cars in greater numbers a prerequisite for an upturn since the US car industry is such a major part of the country's
      NYT  -  505 words
    • 199 46 A NEW high-speed catamaran, designed to ensure a comfortable ride even in rough weather, will soon be out on the market. Its designer, Japan-based NKK Corporation, has incorporated into the vessel a Vshaped hull and thin struts to alleviate wave impact at
      199 words
    • 342 46 Reunter GOODYEAR Tyre Rubber Co chairman Tom Barrett expects the company to post a profit in the second quarter following a loss in the 1991 first quarter. Although Mr Barrett says he does not expect the economy to pick up during the second quarter,
      Reunter  -  342 words
    • 500 46 AP TRANS WORLD Airlines would eventually have to stop living if its London routes are sold to American Airlines, according to a letter that outlined investor Kirk Kerkorian's hopes of buying and rebuilding TWA. TWA would then be liquidated. "following in the footsteps
      AP  -  500 words
  • Page 29 Advertisements
    • 102 29 I HI UNITED I mm Call Tel: *****13 (IS) < \i" v I. .<• y' Vv '•*> ->' <<■' 4'X" m f: -i w« f > < < ■> 4 i v > »K, |t I f I 1 1 r^ SOME OF OUR TOP'^ BRING THEM HOME. A paper
      102 words
    • 28 29 Container Schedule 17 Daily Freights 2 Ma to Advertisers 3 Shipping Guide 10.lt Ships in Port 17 Singapore Tides 17 Weather and Sea Conditions 17 Weekly Freights 2
      28 words


  • Page 31 Advertisements
    • 2251 31 JARDINE SHIPPING AGENCIES WBflHSf .111 Cantonment Ro.hl #12 05 S., ithpoint. SingJixiff 0208 \lllf/ M *****11 IHIX NO RS 241/9 K»nn« ILRMINAL lel *****18 220 FfFAAAflrl BOOKINGS 1******234 25# L wWQr .J CtSAKA SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 MAJ947/ MA39W PENANG TEL *****4 TEtEX NO MA4OO/3 CfS
      2,251 words
    • 1275 31 MDEXI TO ADVERTISERS iair m i AM' Containcriinc 12 I Mt R l r»ilj» 13 1/2 Accord (ironp X 1-3 M.ic-Ncls Agencies 14 1/2 AI S 15 2 Maculinc 4/5 Ahrcnkid Liner 16 3 Madju Sdn llhd lh 1/2 Alfred CToepfer 15 5 Maersk I.inc 3 4/5 AHicd-l.ink 16 4/5
      1,275 words
    • 2257 31 mammasnm NEXT VESSEL TO U.S.A. METTE MAERSK V.9104 ETA 16/4/91 Vessel Voy ETA I ETD 'Poet 'Penang c DESTINATIONS Singapure Keiarg lh>* Write Mae'Hi 9104 Fevder by it 4 otoo Mns Fa>co HH HH CFS '4 4 HPS M Tiu-o OAK LGB HOU MEM ATL MIA CMS BAL PMC NYC
      2,257 words

  • Page 32 Advertisements
    • 1334 32 X. j Irottedaml VOY NO SPOHE SOUTHAMPTON HAMBURG ANTWFRP LE HAVRE LONt'ON EXPRESS 01/114 IA4 4/5 2/5 31/5 |^|a KITANO 07/314 16/4 3/5 5/5 7/5 8/5 HAMBURG EXPRESS 02/115 18/4 9/5 7/5 6/5 1. AU. IWTiOUNDIP HANNOVER EXPRESS 02/315 21/4 8/5 10/5 13/5 14/5 JtWIGjl PENANS CABW KATSURAGI 05/116 25/4
      1,334 words
    • 609 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2103E 23/4 10/5 13/5 18/5 ALSO ACCtPTINC CARGO VIA SUVA TO LAUTOKA PAGO PACO APIA NUKUAIOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP CLX SAI (PERU) I J BONTANG 2103W 23/4 l' 6 2'6 5/6 7/6 8/6 Agants •lllf.
      609 words
    • 1496 32 I BliraiiASM &m HNH REGULAR INDEPENDENT FULL CONTAINER SERVICE WE&T66UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (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
      1,496 words

  • Page 33 Advertisements
    • 2077 33 ~~<gStea me rs Maritime Holdings Ltd V P&O OV STRAITS SHIPPING HIV MWySHt w™ Containers Miv 1 -Vl ACCEPTS out SAILS Vo* No Pen »Pkl S'pure Sou Ant Wot Htm CARGO RECIHA MAtKSK 9i(]b 06 04 0804 1004 25,04 ,>ao4 2904 0105 u(Mt LMWUOL BAY 0512 .*O4 0804 .104 »04
      2,077 words
    • 2354 33 TO: U.S.A./PANAMA FM: U.S.A./PANAMA SP O*K ICS C»l fDB SAW N0» N»C NTC C J' "J JJf CHOfANO CiORY EF 114 111 4 i 10 5 115 5 IS 5 A 5 N > PAHIS SEN 110 11 W >* ASIAN SENATOR IF 115 »4 155 l/S *5 It It
      2,354 words
    • 414 33 iaaii STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL VOY SP PK KU(T~~[KK TRANS AUTO 27 Sid In Pt ORANGE OCEAN ~9 U/4 "5/4 17/4 COSMO ANGEL 2 SM 12/4 SUN RUBY ~Sld "sid I SEA LARK "43 13/4 ZUIJIN 1 Hi* 3 3 EASTERN PEARL 3 V/i
      414 words

  • Page 34 Advertisements
    • 768 34 illilltflii CH NBR **********0 0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSLVOY S PORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIIAYA iIWB 13,4 15>S A/5 W KUTAI ?7WB [15 W 146 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement Also accepting cargo to Casablanca. Port Said. Port Aleiandrla. Genoa,
      768 words
    • 1077 34 HANJIN SHIPPING rr- —1,,„ feeder vsi I sin iine haul lax oak Spore LEH RIW ANR HAM BRV FEI HANJIN CHUNCHIU 0/IE 10 4 DIRECT »4 2 S HANJIN KAOHSIUNG UU3W 11 t ,1 I 1") 2 5 HANJIN LONGBEAIH U3iE *.4 DIRECT 4i 4 i nl n ill if?
      1,077 words
    • 53 34 Imnnm SCAN uoyo shipping PTE ltd. Mh=lir=U BLK 118 ALJUNIED AVE 2 006-106 Kl Jljgf SINGAPORE 1438 TEL: *****22 (MON. THURS) V KUALA SIAK ALSO REGULAR SERVICES TO DUMAI PEKANBARU SPECIALISE IN PROJECT CARGOES EOR ALL INDONESIAN PORTS ALSO SPECIALISING IN WAREHOUSING AND STORAGE SPACING FOR ENQUIRIES BOOKINGS CONTACT MISS
      53 words
    • 1592 34 IPKI SGP HKC KSC KLC PUS MKT OSK NGT SM2 TYO LAX CMS BAL NYC LHV ANW RDM THP HBC PSD CUB PKL SCP I E GENILE #E 0» 174 1)4 1M 1M 20 4 22 4 24 4 A 4 274 28 4 «4 105 22'5 24 5 2*5
      1,592 words

  • Page 35 Advertisements
    • 2110 35 4# NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 jhh AUST/INDIA/PAK SERVICE -*****18 FAR EAST SERVICE TERMINAL OFFICE -*****22 DOCUMENTATION DEPT: *****44/*****14 MPMPM CFS: K27 IMPORT: CFS: K27 EXPORT: *****53/*****04 SIUB NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Kelano-(OO) *****87, Penano
      2,110 words
    • 1208 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUNP LOADING FOR WESTBOUND VESSELS VOYAGE |SPO*> |w»h c* IKGNC VOYAGE SPORE PKLANG MUM B HAVEN TILBURY
      1,208 words

  • Page 36 Advertisements
    • 1732 36 s"* T"" V ASAGtNTS KAWASAKI SINGAPORE (PTE| ITO ICR Mo **********0M| TH ??1897/TEIEX KAWAKi RS?3l6b FAX ??49? 7 9 I J I I MALAYSIA -K" LINE MARITIME (MALAYSIA) SDN BHD A TEI PJ 75b47??PK PENANG *****5 JB *****1 IHHfIHI K WV>\S \KI KISI N KAISHA III). INDONESIA p t saranalaut
      1,732 words
    • 1322 36 .pw PHILI-ORICNT UN€S PT€ LTD V* 108 ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0106 f TEL *****22/*****69 *****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER Ol SINGAPORE t RI IGF IT FORWARDERS ASSOCIATION 15 APR MONTREAL, OTTAWA,
      1,322 words

  • Page 37 Advertisements
    • 1676 37 3323^3M PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSS mm mm iflHI PIL Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA 1 BANGKOK 1 "LI." J VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EOEN 151 12/4 14/4 18/4 SEA GLORY 9112 11/4 14/4 18/4 BUNGA TERATAI IS3 16/4 18/4
      1,676 words
    • 1089 37 BEN LINE CONTAINERS LTD N 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 Nedlloyd Tokyo* 096 11/4 2/5 4/5 Setandia 108 17/4 4/5 5/5 7/5
      1,089 words
    • 581 37 tea MYANMA H FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) I Spore PKIg Pen P-Mg AVA VIO7W 1" Pt HPA AN VI62W 16/23 Apr I sgl THE BANK LINE (A tervict ot Andrew W«ir Shipping) \T SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA
      581 words



  • Page 40 Advertisements
    • 716 40 TO AUSTRALIA/NEW ZEALAND VSL Tsiii |fr«n ~Me b S»d Ti« [p CHALK MARTHA II JM 7*4 11 TIS I*s I*s ?1,5 HW IftiN huoig in TTb »T~ ~nX~~ »s 7b BRusstt ?n Tm h 9b Tu "isl jh c vERoiKt m !0b "i; b Tit ?;i> hi v TO USA/CANADA
      716 words
    • 944 40 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY~ PKL PNG IKT SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY [SIN PKI PNG BLW SIN ISK MEIODY 21 "II 13 114 2J4 24 4 25 4 "EQUATOR PRIDE 5 11 4 724 13 4
      944 words
    • 182 40 P.T. UNITED SHIPPING "Sr ORGANISATION LTD OIHH7T m-.C4JLAH S* RVICCS X JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA A SURABAYA Accept cargve* to all «ther IndoneaUn port* with transhipment at Jakarta or Surabaya. DESTINATION ETA ETD VSL JAKARTA In Pt 11/4 P JAWA 19/4 20/4 P KALIMANTAN W 24/4 25/4
      182 words
    • 1495 40 S? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE tel 2261 2. Ml ST RI ROAO. HMC BUILDING TELEX: RS ***** COSHIP #15 00. SINGAPORE 0207 FAX: 22(1866 CR NO U7B/*****0M CABLE: COSTARLINE General Agents: CO6TAR SHIPPING PTE LTD TO HONGKONG AND CHINA FROM HONG KONG AND CHINA VESSEL VOY
      1,495 words

  • Page 41 Advertisements
    • 1047 41 n n -j vwuvohbj .spin UKC CON VENTIOHAI «IKVICI Vessel PKL PNG P C Loading for A VtSStL 28/04 Rotterdam Antweru CHINA FULL COWTA»NE« »«VICE Vessel SGP PKL BHK HKC QIN SHA YANGFANGKOU 1« 29 04 30 04 0/ OS UO5 16,05 YANGf ANCKOU lil »05 0/06 12,« 16 06
      1,047 words
    • 346 41 MARINE AGENCIE^sTTrETTrTj 5i TEL: *****33 (12 Lines) m FAX: *****15/*****03 ifti TELEX: RS ***** RISHIP (3 Lines) IfOA ETHIOPIAN SHIPPING LINES j 1 (National l ines of Ethiopia) ACCEPTING^FCL AND CONVENTIONAL 1 ETA IIOAI iSi •IS SPORf HbAY AON/ JMAB 'SO 4 OARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA fSANL r
      346 words
    • 787 41 Tvt^MrT^HATIOML P. T. PUL INTERNATIONAL LINE e FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA MALAYSIA THAILAND ALSO ACCEPTINC LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE "VSL VOY SIN JKT
      787 words
    • 943 41 SYDNEY/MELBOURNE BANGKOK VtSStl S PORE SYP **1 VESSEL Ivor SINGAPORE BANGKOK PITA BHUM 0501 14 15 4 27 -29/4 0103/5 Thur 114 Sun 14 4 J Pi WtT OHIO'S a 2t/S NANTA BHUM# J6N Ihur 11/4 Sun 14/4 PIYA BHUM 0/04 14-15/5 27-29/5 31 2/6 i BENJA BHUM 01N Sat
      943 words

  • Page 42 Advertisements
    • 1285 42 w A MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 PENANG TEL (04 *****6 KK TEI (088) *****0 IAWAU TEL (089) 7786/9 P KELANG TEL (03) *****77 KUCHING ILI (082) *****3 SKAN TEL 1089)*****2 I—|V-/VV| J BAHRII TEL (07)*****2 siBU If I (084)*****2 SARIKEI TFL (084)*****8 W > JAKARTA TEL
      1,285 words
    • 424 42 jjrafc BLUE STAR LINE SINGAPORE TO J NEW ZEALAND AND T/S FIJI FI.'IjIJY CONTAINKRISKD MONTH I. Y SAILINGS I DISCHARGING AT NEW PLYMOUTH .V PORT CHALMKRS ACCKITING H I. 1.(1 KOK AUCKLAND, NAPIKR, WKI.I.IMiTON, IiI.UKK. <NKIST<IIIK<II. DUNKDIN, I.YTTKI.TON. INVKRCARtiII.. FIJI ANI) TAHITI SIM N PLY AUCK IYT MUIBERA .'OS 14
      424 words
    • 1130 42 /3EI 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 VESSEL Ivor TTeTA [best VESSEL IviT ETA KIT KIM SOON LI 13/91E 13 APR PENANG EQUATOR
      1,130 words

  • Page 43 Advertisements
    • 815 43 COMPANIA PERUANA TOOL 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 HAMALEVERUf In Pt ll Apr 12/14 Apr THOMASEVERETT 1820 Apr 21/23 Apr 26,28 Apr KARABIEVERETT 13/
      815 words
    • 577 43 I VSL IvOY js PORE [mAINIINER TIAX IkST SAV NYC HEX l/IM KOPER 14E 13 4 l/IM ITALY IS i 74 5 V 5 Mi 115 i/>M IRIESTE 1)01 111 7IM ITALY 155 745 11l 79 5 115 LIM AU*AfiDRIA 661 76 4 IIM HAIfA 2f> 1 16 lb 96
      577 words
    • 816 43 ■41 SING KWANG HANGI SHIPPING TRANSPORTATION (PTC) LTD llßli WEEKLY LCL/FCL SERVICE [VESSEL Is PORE I JAKARTA I SURABAYA HAJA BHUM VB6S 12/4 15/4 JENWFL V 1/1N 17/4 |?Q/4 VESSEL SPORE BANGKOK A VESSEL 14/4 17/4 A VESSEL 17/4 20/4 DESTINATIONS ETA SINGAPORE POHT KELANG 12 4 91 MANILA 14
      816 words
    • 607 43 PERINTIS LINE I 1 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASfMA 16IA 11/04 1404 JAIIDIHI 9?7 13/04 16/04 PHASFTIA 163 A 18.04 PI/04 JATIOIHI 928 POO 4 23/04 TANTO UTAMA 155 12/04 15'04 TANTO UTAMA 157 20 04 23/04 TANTO UTAMA t59 28
      607 words
    • 428 43 UN FAB 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 16/4 HONG KONG SIN CHINA 16 4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI/XINGANG Tl AN JIN/QINGDAO/HAIKOU also accepting LCL cargo SiN EUROPE/UK 134 LDN/FLX/LVP/SOU 13 4 RDM HAM ANT,LE HAVRE/GENOA/OSLO also
      428 words

  • Page 44 Advertisements
    • 688 44 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI IV 4074 05 APR 08 APR TAKARI I 1692 0» TAKARI IV 40/6 11 APR TAKARI I 1694 15 APR 17 APR TAKARI IV 4078 18
      688 words
    • 313 44 I MULTI-MODE SHIPPING PTE LTD 11 ACCEPTING FCL DUBAI, DAMMAN, SHARJAH, DOHA MUSCAT. BAHRAIN, ABU DHABI, BANDAR ABBAS, JEDDAH FAR EAST ACCEPTING FCL PENANG, P/ KELANG, JAKARTA, BANGKOK. HONG KONG, TAIWAN. JAPAN. MANILA KOREA UK/EUROPE ACCEPTING FCL LONOON, FELIXSTOWE. LEEDS, TILBURY, ABERDEEN. LE HARVE. HAMBURG, ROTTERDAM, ANTWEP, GOTHENBURG, COPENHAGEN ALL
      313 words
    • 657 44 SHIPPING CORP. SDN BHD I JaU4 PT KIANC Til 03 *****06 |6 IHmsl FA* *****11 yT«/ PENANS ru *****929 smn TEL oa9 2i«M? QtZ SIIU TEI 064 *****2 TAWAU Ttl 069 *****9 KK TEI 088 *****0 AUCH TEI 062 *****3 M SIA TO USA CANADA CONTAINER SERVICE FEEDtR VO» PiN
      657 words
    • 510 44 CUUI conujnv mTEßmnnn[\ J LCL/FCL SERVICE FROM H B f CUM oparatM over 600 termin*l*/offic«* in US. A. I I II m CUM maintain* ovw 35,000 tractors l trucks. 111 H IKm J cwi™~ ovw 60,000 point* In U.S.A fiPlj m CUM offor reliable LCI/FCL **rvio*». Ganaral Aganti: 7TDAAK-7/AJ*T Cf/i
      510 words
    • 390 44 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 34N8 13/4 CAPITAINE DAMPIER 4NB 20/4 BANGKOK 14 4 21/4 BUSAN 14 4 21/4 HONGKONG 164 23 4 DURBAN PT LOUIS 13 4 1/5 KEELUNG 14,4 21,4 US A 15/4 22/4 PT KELANG 12 4 19 4 KOBE 15/4 22 4 PIRAEUS 154 23,4
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  • Page 45 Advertisements
    • 774 45 MORE FREQUENT FUGHIS WORLDWIDE -*e2Z NEW ZEALAND/FIJI J VESSEL JM PK| 'ft* °lkk &n Stafl Aacktotf F*W P»YM*H*I Tlmu LvtM«**|l| D*w«*l»| »*fer #*Ml*|tu|C| Tmtm«* N Roch®ster<9lo7 6 4 9'4 8/4 8.4 In Pt 13 4 26 4 3/5 28,4 30<4 1 5 1(5 2/5 3,5 4 5 N Rouen 9108
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  • Page 45 Miscellaneous
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  • Page 46 Advertisements
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    • 522 46 ICHARTPOINTI Every Saturday in Business Times UK CONTINENT (TRIO) Ajr-hw Gofwnourg Himo TON M BURG B HAVEN ROAM UH <Hlo. MM. 10N00N WWSSOSIII 5 30 4 To B'emw KtTANG 0/ ill l'• Ictc lis SmKiaHiiN to all UH destination*. Belfast and Dub^n HAMBURG EXPRESS U 115 14 4 f> b
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