The Business Times, 11 April 1991

Microfilm: NL17475
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Thursday, April 11, 1991 75*
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  • NEWS SUMMARY
    • Article
      Mahathir sets terms for better ties with Australia
      70 1 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday that the relationship between Australia and Malaysia will not improve unless Australia adopts a more friendly attitude towards his country. He said in Kuala Lumpur that there was evidence that certain elements
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    • Article
      Warning off severe Aussie recession
      68 1 A COLLAPSE in business investment will put Australia in a severe secondary recession later this year, according to a leading group of economic forecasters. The group, Syntec, said in a monthly corporate briefing that the downturn in business investment seen in the latest official statistics
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    • Article
      Correction wanted
      26 1 SINGAPORE, expressing regret that a special trade report by- the US government should contain "inaccurate and misleading" information, wants the report corrected. Page 2
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    • Article
      Design mission for Tay
      31 1 THE CHAIRMAN of the newly inaugurated Design Council, Dr Tay Eng Soon, will lead a study team to various design centres in Europe next month Page 2
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    • Article
      End to extensions
      22 1 INDONESIA will no longer extend expired licences of logging concessions owned jointly by local and foreign businesses Page 8
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    • Article
      Greenspan optimistic
      23 1 THE US ECONOMY should begin to pick up in the months ahead, says US Federal Reserve chairman Alan Greenspan Page 9
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    • Article
      Battle for brains
      26 1 MORE COMPANIES are joining in the tussle for brains as they offer undergraduate scholarships to get bright students into their fold. Page 11
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    • Article
      New phase for festival
      28 1 WITH commitment to promote the film industry and review censorship laws, the Singapore International Film Festival has inevitably entered a new phase Page 17
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    • Article
      Steamers strategy
      23 1 STEAMERS Maritime has drawn up an expansion strategy involving its airfreight, telecommunications as well as shipping operations. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      32 1 WALL STREET edged upwards early yesterday, steadying after Tuesday's sell-off. The Dow Jones average of 30 industrials rose 5.94 to 2,878.96 at 1430 GMT in the first hour of trading.
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    • Article
      Footsie lower
      36 1 LONDON SHARES were lower at midday yesterday, depressed by the Dow's fall on Tuesday. At about 1100 GMT, the Financial Times-Stock Exchange 100-Share Index was down 14.1 points, or 0.6 per cent, at 2,513.1.
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    • Article
      Magnum shines
      24 1 GAMING concern Magnum has achieved M 552.9 million in after-tax profits, a 75 per cent increase over the previous vear Page 3
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    • Article
      Mixed fortunes
      21 1 SINGLAND stands to benefit should Gateway be sold, but such a move could prove devastating to UIC Page 3
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    • Article
      Burwill share offer
      20 1 BURWILL Holdings has proposed an open share offer to raise about HK&86.4 million (5519.5 million) Page 4
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    • Article
      Trustee benefits
      28 1 MAJOR trustee companies in Hongkong are considering moving funds out of the colony to tax havens, a move that is expected to benefit Singapore Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MCiA 711.80 -5.32 Kuala Lumpur ..572.28 -0.16 Tokvo 26.268.86 -48.53 Hongkong 3.777.62 f 20.32 Sydney 1.442.8 -6.4 Tuesday Change New York 2.873.02 -45.54 London 2.527.2 -2.7
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    • Article
      CURRENCIES
      21 1 Exchange rates IJSS S$ 1.7560 100 Yen SSI.3017 MS S$64.11 Money market rates Overnight 4 1/2% 1/H .Vmonth 4-5/8 unch
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    • Article
      COMMODITIES
      39 1 London GoM AM fix US$363.65 USS2.45 Rubber S pore May l44.25«/kg -0.75 M'sia May 225.50*/kg unch KL Tin Turnovcr 64 tonnes 2*) Spot MS 14.82/kg -WW Crude palm oil Turnover 1317 Iocs f 324 Apr M$ 766/tonne -13
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  • Article
    Aussie, NZ properties beckon
    876 1  -  Some properties are going virtually at cost or even below-cost By Salil Tripathi and Elaine Koh IT SEEMS like the biggest going-out-of-business sale in a long time. Prime properties in Australia and New r Zealand are being offered to investors worldwide as depressed economies down under
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  • Article
    DFC's mass sale technique surprising
    537 1  -  NZ's depressed property market From Selwyn Parker in AUCKLAND THE BID by the collapsed New Zealand DFC group to unload some of its portfolio of commercial properties to Singaporean investors invites some hard questions about the state of the market in New Zealand. The DFC,
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  • Article
    Dow's fall unsettles local stocks
    272 1 THE Singapore stock market went on a roller-coaster ride yesterday following Wall Street's overnight 45-point drop. It opened jittery and nervous, falling 12.92 points in the first hour on the Straits Times Industrials Index. However, bargain-hunting returned to slow down the slide, helping the index
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  • Article, Illustration
    Trading Japanese warrants
    60 1 A COMMITTEE to study the possibility of trading warrants on Japanese stocks in Singapore has been formed by the Stock Exchange of Singapore, SES chairman E W Barker (above) announced last night at the launch of the Global Fund Management International Conference and Exhibition. This was in
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  • Article
    Surge seen in CPF applications for private property
    280 1  -  By Alvin Tay JUST OVER a thousand applications were made last month by Central Provident Fund members to use their CPF savings to buy private residential properties double the monthly average since the Iraqi invasion of Kuwait last August. The last time
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Tenders for void deck sites
        113 2 ANOTHER EIGHT PREMISES at Housing Development Board void decks will be released to the public by the Ministry of Community Development for use as child-care centres, making a total of 29 such sites since June 1989. The notification to invite tenders tor the eight sites
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      • Article
        Better connected to France
        56 2 FROM TODAY, French travellers calling home from Singapore can use the Home Country Direct Service to make calls in their native language and have them billed to their homes, Singapore Telecom announced yesterday. Singapore Telecom also said that from today, a similar service, SingaporeDlßECT, is available
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      • Article
        Air Seychelles calls again
        77 2 AIR SEYCHELLES yesterday resumed its once-weekly Seychelles-Singapore service, which was suspended on Feb 12 because of hostilities in the Gulf. Seychelles, comprising more than 110 islands in the Indian Ocean, is about seven hours away by air from Singapore. At present, the airline also flies to
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    • Article, Illustration
      Tay to lead team to European design centres
      342 2 Newly set up Design Council expected to benefit from mission DR TAY ENG SOON, chairman of the newly inaugurated Design Council, will lead a study team to various design bodies in Europe next month. Dr Tay, who is also the Senior Minister
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    • Article, Illustration
      Government says US claim of protectionism is misleading
      482 2  -  By Schutz Lee SINGAPORE, expressing regret that a special trade report by the US government should contain "inaccurate and misleading" information, wants the report corrected. At a press briefing yesterday, the Trade and Industry Ministry refuted the report's claim that Singapore is
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    • Article
      Travel trade picks up considerably
      223 2  -  By Hong Lee Tiam SINGAPOREANS will be hopping on planes and buses in droves to visit neighbouring Asean countries over the coming Hari Raya weekend. The upsurge reflects an active interest in travel and a renewed sense of confidence since the end of the Gulf
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    • Article
      Sisir to spend $6.1m to raise measurement standards
      237 2  -  By Michelle Lee THE Singapore Institute of Standards Industrial Research (Sisir) will be investing $6.1 million to bring the nation's measurement standards to the level of those of leading national institutions in the world. This is "indicative of the sophistication and progress
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      516 2 THE MULTI-AWARD WINNING CITROEN XM. VERY BEAUTIFUL. VERY INTELLIGENT. The Citroen XM has won the prestigious Car of the Year award for 1990. The XM scored an outstanding number of points to take the award, leaving the Mercedes-Benz S in second place. J Frontlines January 1990 H It looks like
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Magnum posts record earnings of M$52.9m
      455 3  -  Group pre-tax profit up 88pc By Lilian Ang DIVERSIFIED gaming concern Magnum Corp, part ot the Multi-Purpose Holdings group, has turned in a record performance that has even exceeded its own forecast made last month. For the year ended Dec 51, 1990, the listed
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    • Article
      Lock icon Drastic fall in buying-in on KLSE
      463 3 MBT THE Kuala Lumpur Stock Exchange's recent action to stem out short selling has proved to be effective. Sources said the amount of buying-in one ot the measures taken to deter short-selling has lallcn drastically. Stockbrokers now try to deliver share scrip sold on
      MBT  -  463 words
    • Article, Illustration
      UIC dilemma over Gateway
      849 3  -  THE HOCK LOCK SIEW COLUMN Its $800 m revaluation may compromise UIC rights issue By Lee Han Shih WHAT IS GOOD for Singapore Land may not be so good for its parent. United Industrial Corporation (UIC). Singland is said to have been making some very discreet
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    • Article, Illustration
      Japanese warrants may just be what Clob needs
      423 3  -  Glohl Fund Management 91 By Quak Hiang Whai JAPANESE warrants may boost activity on Singapore's Clob International after the Kuala Lumpur Stock Exchange goes scripless in 2Vi years, if a study by the Stock Exchange of Singapore bears fruit. In a speech
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    • COMPANY BRIEFS
      • Article
        Landmarks unit signs memo with Perlis state
        83 3 TDR ENGINEERING, a subsidiary of Landmarks Bhd, yesterday signed a memorandum of understanding with Pens Holdings, a wholly-owned subsidiary of the Perlis State Economic Development Corporation, on a joint-venture to reclaim a portion of the Perlis coast stretching from Sungat Perlis to an
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      • Article
        IJM Corp to issue loan stock
        82 3 IJM CORPORATION Bhd says it will issue 35 million irredeemable convertible unsecured loan stock 1991/96 for the acquisition of 1.5 million shares in Maxharta Sdn Bhd, a property development company The vendors of the Maxharta shares are Sze Choong Holdings Sdn Bhd (20 per
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      • Article
        Nod for state govt to buy shares
        76 3 THE Selangor state legislative assembly on Tuesday passed a motion allowing the state government to invest up to Mss6 million (5536.4 million) in shares of companies listed on the Kuala Lumpur Stock Exchange. Menteri Besar Tan Sri Muhammad Haji Muhammad Taib, in winding
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      • Article
        Paper on Mara revamp soon
        69 3 RAKYAT First Merchant Bankers, the advisers for restructuring exercise, is expected to submit a working paper on the proposed revamp in June. Mara chairman Tamrin Ghafar said the bank will come out with details on the restructuring that will involve the transfer of all the
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      • Article
        Perwira Habib profits up 55pc
        80 3 PERWIRA Habib Bank Malaysia Bhd has reported a 55.2 per cent rise in its net profit after tax to M 525.6 million for the financial year ended Dec 31, 1990 from M$ 16.5 million in 1989. Chairman General (R) Tan Sri Zain Hashim said, "All
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      45 3 I've switched to ANA Hotel Singapore. A k ANA HOTEL SINGAPORE 11 i I I. \HM\ I VT'IS i fc x Jv- ;V I I Jr I r,,, 4/ I %:.V 300 )RCHARD ROAD UNIT 02-03 THE PROMENADE 0923 TEL: *****37 J 4 '1 > 1
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  • REGIONAL COMPANY NEWS
    • Article
      Burwill to raise HK$86m through open share offer
      371 4 BURWILL Holdings has proposed an open share offer to raise about HK$B6.4 million (5519.5 million) the South China Morning Post reported. In a statement announcing the offer on Tuesday, the steel-processing and metals trader said 115.2 million new shares would be offered
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    • Article
      Minorities reject Cavendish bid
      427 4 Recent rally sends shares above Li Ka-shing's offer NNORITY shareholders of t ngkong-listcd Cavendish Icrnational Holdings Ltd yterday rejected a HK$4.lO ahare privatisation bid by njority shareholder, Hutchis\ Whampoa Ltd, on a aw of hands. Earlier, on Tuesday, a rejrt in the South China orning Post
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    • Article
      Thai brokers voice fears of share manipulation
      394 4 BROKERS in Thailand are concerned that the so-called "silent period" of the new listings regulations may lead to share manipulation by major shareholders of a company seeking a listing on the Stock Exchange of Thailand. They expressed their concern at a public hearing
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    • COMPANY BRIEFS
      • Article
        Jardine Strategics NAV rises to US$3.89 a share
        92 4 THE UNAUDITED consolidated net asset value (NAV) of Jardine Strategic Holdings Ltd ordinary and preferred shares rose to US$3.B9 (556.89) each as of March 31 from U553.72 a month earlier, the company said in Hongkong on Tuesday. On a fully diluted basis,
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      • Article
        C Itoh, Indon firm in fish project
        86 4 JAPAN'S Hagoromo Foods and C Itoh and Co Ltd and Indonesian private firm PT Aneka Bumi Prasidha will set up a tuna fish cannery in east Java, the Indonesian official news agency Antara said yesterday. The US$B million joint venture will start operations
        86 words
      • Article
        NZ project for Japanese group
        109 4 JAPAN'S Juken Nissho forestry consortium plans to build a US$4O million (5570.8 million) timber milling and laminating plant near Masterton in the southern North Island, New Zealand, the New Zealand Press Association said on Tuesday. The mill will process timber from the Ngaumu Forest which
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      • Article
        KDD undecided over stake
        88 4 KOKUSAI Denshin Denwa Co Ltd (KDD) is still undecided on whether to buy a stake in an Australian govemmentowned telecommunications carrier but will reach a decision by December, a KDD spokeswoman said in Tokyo yesterday. Australian Communications Minister Kim Beazlev told KDD that the Australian government
        88 words
      • Article
        NTT foreign procurement up
        66 4 NIPPON TELEGRAPH and Telephone Corps (NTT) procurement of telecommunications equipment from foreign companies totalled L'SS46S million (SsB23 million) in the year to March 31. up 32 per cent from the previous year. NTT president Masashi Kojima said in Tokyo yesterday. Procurement from US manufacturers accounted for
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      395 4 Takeaway ®Ibr Those Who Are ftwer Hungry. *>» z >«» !^*yf M >^jtJjajM P^PPPPPP P"^ 1 ill 7 i^^Cli-—L»J^^B m^JmJ— JL^i—difficult lighting conditions. Great things come in little packages. 1 'B' T' T 1 VWV Q>nsider for a moment, our top-of-the- Pjgf«"* 5 ,-y. line Epson PC AXW Portable. It's
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Procter & Gamble buying Revlon's Max Factor unit
      445 5 Procter Gamble buying Revlon's Max Factor unit NYT RHVLON Inc, the cosmetics giant headed by Ronald O Perelman, is expected to announce this week that it plans to sell its Max Factor division and a German subsidiary to Procter Gamble for about US$l billion (551.77 billion). People familiar with the
      NYT  -  445 words
    • COMPANY BRIEFS
      • Article
        Michelin announces another 4,900 lay-offs
        82 5 FRANCE'S Michelin automobile tyre-making concern is to lay off another 4,900 employees across the country as part of a new companv reorganisation plan, officials announced on Tuesday. The move represents the fifth such reorganisation plan since 1983 by Michelin to deal with its financial difficulties.
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      • Article
        Hillsdown ups Fairview stake
        64 5 INTERNATIONAL food group Hillsdown Holdings is increasing its stake in Fairview New Homes pic to 98.6 per cent from 97.2 per cent previously. A group spokesman said in London yesterday that Hillsdown spent a total of £15.3 million on further shares in Fairview and an earn-out
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      • Article
        US$1b investment in Venezuela
        81 5 THE US-based Reynolds International and the Japanese firm Mitsubishi will invest US$l billion in an aluminum processing plant in Venezuela, Reynolds announced in Caracas on Monday. The metal processing plant will be built in Guayana City, 600 km south-east of Caracas and will begin operations in
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      • Article
        Fried Krupp profit falls
        99 5 FRIED KRUPP made a group operating profit of over 350 million Deutschemarks in 1990, down from 409.9 million marks in 1989, management board chairman Gerhard Cromme said in Hanover, Germany on Tuesday. Mr Cromme, speaking to journalists at the Hanover industrial trade fair, said Fried Krupp
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      • Article
        RWE extends Vista offer
        91 5 THE German energy group RWE announced on Tuesday a further extension to June 11 in its offer to purchase the US chemicals giant Vista Chemicals. Chairman Friedhelm Gieske said also that a subsidiary of RWE, Rheinbraun, was negotiating with the US firm Dupont to acquire its
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      • Article
        Toshiba acquires chip maker
        64 5 TOSHIBA CORP, a leading Japanese electric machinery maker, said on Tuesday that its US subsidiary has acquired Vertex Semiconductor Corp of the United States for about US$2O million. Toshiba officials said the subsidiary. Toshiba America Electronic Components Inc, had obtained a complete interest in Vertex, of
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    • Article
      Lock icon US studios to be sued by UK group
      441 5 FT BRITISH SKY BROADCASTING plans to sue United International Pictures, an organisation grouping three leading Hollywood studios, in what could become a landmark case affecting pay television channels throughout Europe. BSKYB, the satellite television venture which runs two subscription film channels in
      FT  -  441 words
    • Article
      Lock icon Waterford Wedgwood sparkles on Irish bourse
      436 5 Reuter LOSS-MAKING crystal and china group Waterford Wedgwood, hit last year by a strike and a recession in its major export markets, is currently the star performer on the Dublin Stock Exchange. Share analysts said on Tuesday the prestigious tableware maker had proved a
      Reuter  -  436 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      161 5 PROPOSAL TO CHANGE OF SHIP'S NAME We, Resort Cruises (S) Pte Ltd of No 1 Rhu Cross, Singapore 1543 hereby give notice that in consequence of our intended change of name of the vessel MV QUICKSILVER Iwe have applied to the Registrar of Singapore Ships, under Section 386 of the
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      Page 5 Advertisements Column 2
      141 5 HIBIH I K& 'Y»4i jii i m *-,j J jr^flUL. v^tDSJf Bfln \QRRkKSmt Bpff p W%r [ißmPv-.» c as-5 T cor 'ea">s Sa« Classic lines Impeccable breeding. Owned by a few. As finely honed as a champion mount. That's the spirit of Saratoga. CONCORD. REF: 50-58-237 Al2 2/69 AUTHORISED DEALERS
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  • FINANCIAL NEWS
    • Article
      S'pore to gain from trustee funds outflow from HK
      249 6  -  By Quak Hiang Whai MANY MAJOR trustee companies in Hongkong are considering moving funds out of the colony to tax havens, said Mr Steven Lim, managing director of Hongkong Bank Trustee (Singapore). Singapore will stand to gain from this outflow, given
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    • Article
      Lock icon Tokyo banks aim for 9pc capital risk ratios
      387 6 Reuter MAJOR Japanese commercial banks, anxious to avoid failing to meet international banking requirements, are aiming for capital risk ratios of nine per cent for the year that started on April I, industry sources said. The tanpet is higher than the eight
      Reuter  -  387 words
    • Article
      Lock icon Exchange head sees uniform global rules
      166 6 Reuter AMERICAN Slock Exchange chairman James Jones envisions the adoption of uniform global rules to apply to major equity issues within the next five years. At the annual US Securities Industry Association's Trends Conference in New York on Tuesday, he said listing equities in
      Reuter  -  166 words
    • Article
      Lock icon Cross-trading among Caribbean stock exchanges
      307 6 Reuter THE CARIBBEAN'S three stock exchanges have launched cross-trading of securities, a key development in the region's move towards economic integration. As of Monday, some 90 Caribbean firms are listed on the stock exchanges of Barbados, Trinidad and Tobago, and Jamaica. Together, the companies have
      Reuter  -  307 words
  • Page 6 Advertisements
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      698 6 "Iwas in and out in 1 hour and 12 minutes flat... With the new Business Lunch menu at the legendary Maxim's de Paris, you'll enjoy a truly exquisite lunch in a shade over an hour. A full 3 course meal with a choice of appetizer, main course, dessert, coffee or
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  • Page 7 Advertisements
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      305 7 *4# Jl\ Is? A /W f w />•> >- A V 4 'i j/ X V -N V, iirffllfc r w*s®m A I It contains information on how to man- I I I AGE YOUR FINANCES, INVESTMENTS, STOCKS AND I f A Br 'wRPL Jflß v-;...55~l SHARES, AND OTHER INVESTMENT
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  • THE REGION
    • NOTE BOOK
      • Article
        Trade deficit for Malaysia
        89 8 MALAYSIA recorded a trade deficit of M 514.4 million (559.23 million) in January. The Malaysian Statistics Department said yesterday that this compared with a surplus of M 5679.8 million a year earlier and a surplus of Mss4 million in December. It said the deterioration was mainly
        89 words
      • Article
        Beijing takes stand on Spratlys
        70 8 THE CHINESE GOVERNMENT says it is willing to discuss the joint development of the disputed Spratly islands in the South China Sea. "We are willing to discuss with the various countries concerned the joint development of this area through peaceful negotiations," Premier Li Peng said
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      • Article
        Foreign projects in Vietnam
        49 8 THE VIETNAMESE authorities have licensed 25 foreign investment projects in the southern special economic zone of Vung Tao-Con Dao in the past three years. The ventures had a total invested capital of just over US$23 million (5540.7 million), the Vietnam News Agency said on Tuesday.
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      • Article
        Pertamina strikes oil and gas
        70 8 INDONESIA'S state oil and gas company Pertamina and its partner, Trend East Java Ltd, have found onshore oil and gas in the Tuban block of East Java. Pertamina said on Tuesday that the Gondang-1 wildcat, drilled to a depth of 1,500 m in Tikung on
        70 words
    • Article, Illustration
      Jakarta phasing out foreign loggers
      395 8 Expired licences of logging concessions are no longer extended JAKARTA will no longer extend expired licences of logging concessions owned jointly by Indonesian and foreign businesses. The country's directorgcncral of Forest Utilisation Djamaludin Suryohadikusumo said the government's decision to refuse the extension of such licences
      395 words
    • Article
      Lock icon Japan urged to help Asian states more
      481 8 Reuter JAPAN should help to cushion the impact on Asian economies of slower growth in major Western countries by further deregulating its economy and liberalising trade, the president of the Asian Development Bank (ADB) said. ADB president Kimimasa Tarumizu forecast real economic growth
      Reuter  -  481 words
    • Article
      Lock icon Bangkok lifts import ban on cars
      157 8 AFP THAILAND has lifted an import ban on foreign made cars with engine capacities less than 2300 cc. Thai Prime Minister Anand Panyarachun, in a televised interview in Bangkok on Tuesday, said his government has decided to lift the import restriction to "free the
      AFP  -  157 words
    • Article
      Toyota will maintain activities in Thailand
      154 8 UNFAZED by the recent coup in Thailand, top officials of Toyota Motor Corp say the Japanese carmaker will continue to expand its operations in the country, reports the Bangkok Post yesterday. Masaharu Tanaka, senior managing director, told Thai journalists during their visit to the
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      62 8 NOW, OSAKA DIRECT EVERY DAY. ONLY ON JAL Beginning April Ist 1991, and only on Japan Airlines: a choice of daily flights direct to the busy business hub j r •—of Osaka, second largest metropolis Our departure times assure you a jjjj refreshed and bright as the new day. Japan
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  • THE WORLD
    • Article, Illustration
      Lock icon Greenspan sees US recovery in months ahead
      409 9 Poll shows rising optimism among top economists Agencies THE AMERICAN economy should begin to pick up in the months ahead, says US Federal Reserve chairman Alaft Greenspan. 10 a written response to questions from the US Senate banking Committee, he added that "all
      Agencies  -  409 words
    • Article
      Lock icon IMF predicts worst economic performance since 1982
      324 9 Reuter THE INTERNATIONAL Monetary Fund expects the industrialised world to turn in its worst economic performance since 1982 this year, but is looking for a rebound next year, say Western diplomats in Washington. The IMF's semi-annual forecast, due to be formally unveiled later
      Reuter  -  324 words
    • WORLD WATCH
      • Article
        E Europe to outpace Latin America: don
        98 9 EASTERN EUROPE promises to outpace Latin America in the race for economic growth, says a leading economist. "Poland, Hungary and Czechoslovakia have the prospect for a relatively quick way out of the crisis," said Harvard University economics professor Jeffrey Sachs, who has been
        98 words
      • Article
        Kohl sees signs of recovery
        125 9 GERMAN Chancellor Helmut Kohl has spoken of signs that the depressed economy in former communist East Germany is on the road to recovery. In a speech prepared for delivery at the opening of the Hanover industrial fair on Tuesday, he cited the fact that one
        125 words
      • Article
        Wider Tokyo surplus expected
        56 9 STRONG GROWTH in exports and weak imports are likely to have widened Japan's customs-cleared trade surplus in March, say economists. Japan's March customs-cleared trade balance was expected to climb to a US$7.5O billion (S$ 13.28 billion) surplus against US$7.O9 billion a year earlier, according to the
        56 words
      • Article
        Islamic Bill for Pakistan
        84 9 PAKISTANI Prime Minister Nawaz Sharif was to introduce in Parliament yesterday a Bill to enact Islamic laws, a move that has women activists, foreign-educated professionals and minorities worried about restrictions in a country where 90 per cent of the 110.4 million people are Muslim. The ruling
        84 words
      • Article
        Another blow to apartheid laws
        56 9 THE SOUTH AFRICAN government formally proposed on Tuesday a draft Bill in Parliament to repeal the Population Registration Act, a pillar of apartheid that classifies people by race. President FW de Klerk pledged in February that the race classification law and all other remaining apartheid
        56 words
      • Article
        Slowdown predicted for Swiss
        58 9 THE SWISS ECONOMY is set to slow down this year but will avoid a recession, the Union of Swiss Banks predicted in its latest economic report. Real growth of 2.1 per cent would be down on 1990, when 2.6 per cent growth was achieved, and unemployment
        58 words
    • Article
      S African gold industry facing severe cost crisis
      525 9  -  From Cherilyn Ireton in JOHANNESBURG SOUTH AFRICA, the Western world's biggest gold producer, is facing a severe cost ensis that has forced the closure of one of the oldest mines and a curtailment of exploration for new goldbearing reserves. But. as important
      525 words
    • Article
      Lock icon Germany posts deficit for second straight month
      201 9 Reuter GERMANY, struggling with the effects of unification and the Gulf war, has reported a yawning balance-of-payments deficit for the second month running, jolting currenc) markets. The German Federal Statistics Office said on Tuesday that the current account of the balance of payments
      Reuter  -  201 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      227 9 Discover A World Of Exciting New Opportunities At ■> Asia-Pacific's International Showcase For... Halls 4 5, 21 25 May 1991 World Trade Centre Singapore jpl >A3 tbHj: Meet with more man 350 companies and particpating Whal You Can So* At Th» Show groups from me AsoPocrfc Europe and the United
      227 words
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  • Article
    One more area of growth
    498 10 EDITORIAL THE idea of a zone of prosperity in North-east Asia is not new. As the Soviet Union opened up under President Mikhail Gorbachev, economic commentators pointed out the benefits that could be obtained by using Japanese capital. South Korean technology and North Korean and
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  • WHAT THE OTHERS SAY
    • Article
      Rather short-sighted
      227 10 FIFTEEN years after former Finance Minister Hon Sui Sen first nudged Singapore's ethnic-based chambers of commerce into coming together to give the private sector more effective representation, the situation has improved so little as to warrant a fresh plea from the minister now in charge of trade matters.
      227 words
    • Article
      Spirit of cooperation
      132 10 THE efforts by Islamic religious councils of four Asean countries to co-ordinate the issuance of marriage certificates and decide the date of Hari Raya augurs well in the spirit of co-operation. There are many areas of co-operation that can be extended in the long term such as
      132 words
    • Article
      Caution despite cheers
      133 10 THE US economy, which local manufacturers pay great attention to, has been erratic. Conflicting reports and figures tell us that when we look at the US recession now, we should not be overly optimistic. On the other hand. Singapore's economic growth of 7 per cent for the
      133 words
  • REGIONAL VIEWPOINTS
    • Article
      Brave actions needed
      170 10 THE war in Afghanistan drags on. No end is in sight, as friends of both sides in the bitter conflict begin to turn their attention to pressing problems of the *****. Of all the many parties to the Afghan war, the Soviet Union bears the greatest responsibility
      170 words
    • Article
      Kaifu victim in poll defeat
      222 10 OBSERVERS of the Japanese political scene were writing oft" the government of Toshiki Kaifu even before he became Prime Minister in August 1989. As a member of the smallest faction in the Liberal Democratic Party (LDP), he was given little chance of holding his own
      222 words
    • Article
      Sporting move
      154 10 FOREIGN cigarette producers and their agents in Thailand have come up with a contradictory proposition. They want the government to reduce import and excise taxes on foreign cigarettes so that they will be able to cash in on the Thai market and make enough profit to set aside
      154 words
  • Article, Illustration
    US battles to keep Hongkong afloat
    1017 10  -  As Britain's influence in Hongkong wanes, the United States fights to keep the colony a global business nub. Dinah Lee in Hongkong and Amy Borrus in Washington report Dinah Lee Amy Borrus EVER since Margaret Thatcher agreed to hand Hongkong back to Communist China
    1,017 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      186 10 IT'S COMING.... THE ELECTRONIC INDUSTRY EVENT OF THE YEAR November 7 -10,1991 International Merchandise Mart (IMM), Singapore The Ss24 billion and rapidly growing local electronic industry will be on it's way to you soon. That's not all. Asia Pacific's booming US$25O billion market the world's largest -will be at your
      186 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      114 10 DOONESBURY BY GARRY TRUDEAU "TTUJASNANO 'UJ!€N HIS AIDES PRESENTED HIM INSTRUCTEDAIDES TOPPEPAPE ENINS TO HAVE WOOCTAW MTU A DETAILED A6ENOA FOR HIS COMPIETB SCRIPTS UHEN HE MET BORING, (t)PARTYQN, IT) ADMIT HOW THE THEPRESHZNTS FIRST MEETING WH GORBACHEV, THE HJfTH ROBERT BYRD AND OTHER SEN- MARK (2) ZONK. (CUP FIRST
      114 words
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  • ANALYSIS
    • Article
      Lock icon A repressed lot caught in a deadly crossfire
      808 11  -  Iraq's massive repression of the Kurds has led to an international uproar and calls for a United Nations-sponsored camp for them. It has also created a public relations problem. Joseph Fitchett reports Joseph Fitchett IHT A PROPOSAL for a United Na-tions-sponsored haven
      IHT  -  808 words
    • Article, Illustration
      The early bird catches the best brains
      1293 11  -  The government has from Day One been offering scholarships to attraet bright students. Bigger eompanies in the private sector have also been practising this for years. But it was only in the past three to four years that more companies have sought to
      1,293 words
    • Article, Illustration
      Lock icon An auspicious time to resign
      533 11 Ichiro Ozawa's resignation as secretary-general of Japan's ruling LDP is a good move in terms of power politics, say political observers Asahi News Service A HIGH-RANKING official of Japan's ruling party who resigned on April 8 to take responsibility for an election loss may have
      Asahi News Service  -  533 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      371 11 May 16 17 IWI Hilton Hotel. Singapore This unique two day workshop w ill explore the Case 2 Matsushita Corporation uses TQM application of Total Quality Management to produce its National Panasonic brands principles through hands-on sessions and case better than the competition stud\ examinations. You will have the H
      371 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Two in the running for advertising body's top job
      519 12  -  Who could become the new 4As president? Michelle Low reports Michelle Low THE Association of Accredited Advertising Agents (4As) will soon see some new faces at its helm, now that current president Peter Ling has announced his resignation. In the running
      519 words
    • Article
      Burnett uses sax to sell account
      213 12 LEO BURNETT Singapore has launched a multi-media campaign that includes a 30second television commercial, press ads and posters for Standard Chartered Bank's new interest-earning account. Dubbed the "Fusion Account", it offers customers attractive features ranging from a competitive daily interest rate, free purchase protection
      213 words
    • COPY LINES
      • Article
        Account review
        49 12 THF.RE MAY soon be more had news for one of Saatchi Saatchi's agencies. Backer Spielvogel Bates. Avis is quietly reviewing its estimated US$3O million (Sss3 million) account. Last month, BSB lost the USSIIO million account for Miller Lite beer and has since laid off dozens of employees.
        49 words
      • Article
        Agencies merge
        36 12 GIANETTINO Meredith Advertising, a New Jersey agency, and Philips-Miller Associates, a New York agency specialising in pharmaceutical ads, have entered into an agreement to form a new agency that will specialise in health-care advertising.
        36 words
    • Article
      BSN to bring French teatime chic to the upwardly-mobile
      843 12  -  Salil Tripathi reports on a biscuit maker's plans Salil Tripathi /F you can 7 afford it, forget it. No, this is not an ad for a premium whisky or an upmarket restaurant. This is how a Sin-gapore-based manufacturing company hopes to
      843 words
    • Article
      Lock icon Saatchi wins back Tory contract
      216 12 NYT SAATCHI Saatchi's flagship London office has won back the estimated US$4O million account (5570.8 million) for Britain's Conservative Party. The victory is particularly significant because Saatchi's innovative advertising not only helped put former Prime Minister Margaret Thatcher in power in 1979, but it also
      NYT  -  216 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      86 12 This evening; dine and dance way above the rest In just 50 seconds, you'll be 6-piece Filipino combo, whisked up 280 metres will have you dancing to Singapore's highest on air. First Drink restaurant. Where Charge for non-diners tt j! v.tV. delightful gourmet cuisine The Mezzanine and nostalgic music from
      86 words
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      Page 12 Advertisements Column 2
      14 12 J 9 t r BEM m The I' nfa i r Advantage. •H 1_
      14 words
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  • SPORTS
    • Article
      Even field for this year's Epson event
      315 13  -  By Cassandra How IT IS not just one or two big names that will make a tournament successful. It's having the right mix that counts. This year's Epson Singapore Super Tennis promises a fairly even field, with familiar faces Kevin Curren and Wally
      315 words
    • Article
      Lock icon Sabatini gets all her strokes right
      263 13 AP GABRIELA SABATINI feels better about her tennis game than ever before. It's easy to understand why. The hottest player on the women's tour, and the sport's newest US$4 million winner, needed only 65 minutes to beat Italy's Federica Bonsignori 6-1, 6-0 on Tuesday
      AP  -  263 words
    • SIDE LINES
      • Article
        Average salary for baseball players soars
        73 13 THE AVERAGE baseball salary soared bv a record 49 per cent this year to US$B9l,lBB (about 551.56 million) on opening day, and 223 players are making US$l million or more. There are 123 players topping the US$2 million league and 32 making US$3 million
        73 words
      • Article
        Jahangir will tackle acrimony
        82 13 JAHANGIR KHAN will tackle the growing acrimony between leading Pakistani and Australian players if he is elected chairman of the International Squash Players Association (ISPA) next Tuesday. An ISPA source said he did not expect anyone to stand against Jahangir. the former world No I, at
        82 words
      • Article
        Shoemaker paralysed
        77 13 HORSE RACING'S legendary jockey Willie Shoemaker was paralysed and in critical condition on Tuesday after being injured in a car crash police said was apparently alcohol related. Shoemaker, 59, underwent surgery for internal injuries early Tuesday and was in critical condition. "The most critical problem has been paralysis
        77 words
      • Article
        Boxer, 26, dies after bout
        73 13 A BOXER who collapsed after losing his first professional fight died on Tuesday of brain damage apparently inflicted during the bout. Middleweight Alan Lonnie Goldstein, 26, of Miami, had been in critical condition since undergoing more than five hours of brain surgery late Sunday. Goldstein
        73 words
      • Article
        Ballesteros' missing touch
        84 13 SEVE BALLESTEROS has been looking for his game for the better part of three years, but he is hoping he can find it in Augusta. Georgia this week at the 55th Masters. Ballesteros, the youngest player ever to win at Augusta National, has won only sparingly since
        84 words
      • Article
        Maradona took drugs, so what?
        81 13 THERE WILL ALWAYS be room for Diego Maradona on Argentina's soccer team, even if he did take cocaine, national coach Alfio Basile said on Tuesday. "I'm no-one's judge. Everybody can make whatever he wants of his private life," Basile said following a team practicc at
        81 words
    • Article, Illustration
      Lock icon Oh man, how I hate these mountain roads
      42 13 Reuter picture Ivooking like a cyclist who has taken a sharp bend way too fast, Austrian Michael Hossek got airborne during Tuesday's world championship skibob downhill race in Davos, Switzerland. Hossek won the competition.
      Reuter picture  -  42 words
    • Article
      Lock icon Much ado about a long putter
      509 13 THE US MASTERS AFP ROCCO MEDIATE is attracting a lot of attention these days, but it is not because he is a recent first-time winner on the US PGA Tour nor because he is the leading money winner so far this year. At least
      AFP  -  509 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      126 13 fGain your COMPETITVE ADVANTAGE by making the right B strategic and tactical decisions! K For further information and registration, please call Vivien/May at it Tel: *****60/*****15 or Fax: *****90 K WALLY MASUR TODD WOODBRIDGE SCOTT DAVIS Witness the action 22 to 28 arril 1991 'LIVE' at the Kallang Tennis Contra
      126 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      492 14 rashion hxtraordinaire ror ine ft THE TOTAL LOOK FOR MEN I 52 f -r<r m iff V 3 y X i F£ •fc M -i LOOKING GOOD'S never been so easy. At Tangs Studio, a total look for men from head to toe has been put together specially to take
      492 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      379 15 For The Ordinary Man. MEN APRIL 11 TO 27 accessory staples like IDC and Blue Gem sunglasses. Fun watches If I continue to be the fashion fad boasting names like Zot, Accent-On- v I Design and Fossil ,i? t rgT\ H l^^lI And Timberland loafers are for sailors but can
      379 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      202 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly w Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. to 2.30 p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. A MKMBKR OFCOI. lIOTKLS ik>ui .sjM.A(t*t I lavelock
      202 words
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      Page 16 Advertisements Column 2
      208 16 1 THE WALL STREET NIGHT EXCLUSIVELY AT EVERY THURSDAY MONEY, MONEY, MONEY Are you fed up with The Fed? Down on the DM? Then it's time for a break at CHINOISERIE Bankers and brokers this night is your night. Just show your business card and you gain free admission. Lots
      208 words
    • Advertisement
      Page 16 Advertisements Column 3
      293 16 THEME KARAOKE HITS TOWN! At Sm3satiorv Come experience the latest karaoke trend smgms in different theme rooms. From Outer Space to a log Cabin, or even an Airplane. Imagine being in someplace different every night In fact, it's sensational! Plaza Hotel *>c«ed Otsenen, of .A.ft.coiou.r u. .mitM Cjrptf: (COmev»N<OllH*t~*VOf MM...
      293 words
    • Advertisement
      Page 16 Advertisements Column 4
      297 16 I ,55c" Scandinavian Buffet Lunch Noon 2.30 pm Adult: $36+ Child below 10: $18 We serve the world to you at The Belvedere. //arxdawi ~finp>//xf *%£a UtWtn*j«Wa»rwY |J*y J^jF.# v C.»; -v. v I Plan your next function at the Paramount... We'll make it work At Paramount Hotel, we've 2
      297 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      617 16 TELEVISION AND RADIO An ppnnnmip pmnirp ***** business <wb»ho mi C\ajiiuiiiic tiiipnv; 1 2 r w isrr*™,. J-JJ S™* officers making an arresl. 6.40 Religious programme 7.10 am, 9.25 am, I.3o|Ml t 9H HEW %kt' WKM roS SrJr rn lllrpJdS' Power 10 30 Thursday Feature s P«cia 7.00 Cable News
      617 words
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  • LIFESTYLE
    • Article, Illustration
      Flawed but monumental effort
      1036 17  -  Claire Leow, Salil Tripathi and S N Vasuki on what was said of this year's Singapore International Film Festival, and what they want to hear said about the next one Claire Leow, Salil Tripathi and S N Vasuki IT WAS apt that the Singapore International Film
      1,036 words
    • Article, Illustration
      Unknown Kennedy a suspect in alleged rape
      500 17 CHATTERBOX WILLIE SMITH spent his first year at Georgetown Medical School so quietly that one friend said "no one even knew he was a Kennedy" "He's the least political of all of them," said classmatc Kathleen Albrecht. "He doesn't flaunt the fact that
      500 words
    • Article
      Lock icon Each one is better than the last
      685 17  -  Dennis Hevesi talks about this year's winners of the prestigious and much-coveted Pulitzer Prize in the areas of journalism ana letters Dennis Hevesi NYT JOHN Updike's conclusion to a quartet of novels. Rabbit at Rest. which portrayed the psychic ups and downs of
      NYT  -  685 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      224 17 AND ENTERTAIN The Happiest Hours In Town. sl'M lOXPM _H 3 DAIIY (H'IMM, Ht H Ks lIAM ll > lAM Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. A ANA HOTEL 16
      224 words
    • Advertisement
      Page 17 Advertisements Column 2
      51 17 Tke freshest, liveliest seafood place in town. You'll have to go a long way to find seafood any fresher. Lunch: 12 noon 2.30 pm. -y' Except Sunday. Dinner: 6.30pm 11.00pm. Till SEAFOOD PLACE LEVEL 1 THE PAN PACIFIC HOTEL SINGAPORE MARINA SQUARE T RAFFLES BOULEVARD. SINGAPORE 0105 TEL )16*ltl FAX
      51 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market shrugs off jitters to end with smaller loss
      4363 18  -  By Magdalene Ng SINGAPORE STOCKS put up a fine show of resilience yesterday against Wall Street's sharp overnight drop of 45 points as they quickly recovered their early morning losses to register a smaller fall for the day. Traders said there
      4,363 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4260 19 Main Board DBS Foreign 1240 4 20 4 1.6% HHI-S M) 1 610 t 10 >1.7% FFISWi 211 46 4 2.7% Properties 620 t 5 40.8% Metro Hldgs 595 4 5 10.8% (AC 515 4 5 4 1.0% Kcppcl C Wrts 434 44 40.9% RIX'
    4,260 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      115 20 Company Date Year Group Not Net earnings Gross ann to profit/loss (I) per share dividend (*000) (cents) H Plaza Apr 8 Dec 90 $6,933(13.387) I 7(1 1) 3(3) 001 Apr 8 Dec 90 $40.171 ($23,939) 96(5 7) 6(3) BAT Apr 6 Dec 90 $*****($22.398) 338(162a) 1524(100) W Securities
      115 words
    • Article
      INTERIM RESULTS
      279 20 Company Dati Half-year Croup pro-tax Wtrta ann to profit/kst (L) dividond (000) Kump [mas Apr 5 Ian 91 M$5.333(M$/.552) Rashid Hussain Apr 2 Nov 90 M$21.Q04($10.862) Seal Inc Mar 30 Dec 90 M$3 848 ($5,892) -<-) Tongkah Hldgs Mar 29 Dec 90 M$1.514l($378) Boustead Mar 28 tec 90
      279 words
    • Article
      PRELIMINARY RESULTS
      674 20 Company Date Year Group pre tax Net earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) *k Meant Apr 3 Dec 90 M$7635($1,124) 94(1 4) TanChong Apr 2 Dec 90 MJ271.67I($153,678) 245(159) 10(6) CityDev Mar 30 Dec 90 $85.064($71.938) 9 5(7 9) 15(15) IJM Corpn Mar
      674 words
    • Article
      CORPORATE DEVELOPMENTS
      195 20 Ape 8 Cerebos has invested 160 m baht (SJllm) to install machinery in a plant in Thailand as part of its plans to shift its chicken essence production facilities there OCBC Bank. Wearnes (roup and US based Watden International have set up two new companies in late January
      195 words
    • Article
      BONDS, LOANS & WARRANTS
      768 20 BONDS, LOANS WARRANTS Company Conversion period Conversion torn for ono ordinary thin CiC Wt Before 26/4/93 1 warrant plus $309 cash Causeway Loai Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant plus JO 77 nominal amount of loan stock Chuw Notes Ouan MR March
      768 words
    • Article
      DIVIDENDS ANNOUNCED
      1506 20 Current Ex Books Date Total l«r Total for payment date dose payable tke yoar last year A era 5%TE Jun 5 luo 17 Jul I lOtTE Amtek Enf 6%TE(I) Apr 11 Apr 17 Apr 26 6%TE 12%TE Avmo 5%IE Feb 25 Mar 7 May 15 12.5*TE 25%IE BAT
      1,506 words
    • Article
      APPROVED ISSUES
      326 20 Company Rights Issue Dutop Est Restricted issue of $88 bl4m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CHS) 1991/19% issued on the basis of $1 nominal amount of CUlS for every 3 ordinary shares of $1 each held at nominal value Ex-date Apr Boohs dose Apr
      326 words
    • Article
      COMPANY MEETINGS
      184 20 Lien Hoe Corporation Bhd: EGM at MUI Conference Room, Ist Floor. MUI Plaza. Jalan P Ramlee, ***** Kuala Lumpur on Saturday. April 13, at 10.30 am Sports Toto Holdings Bhd: EGM at the Banquet Room. Kelab Darul Ehsan, Taman Tun Abdul Razak, ***** Ampang Jaya Selangor Darul Ehsan
      184 words
    • Article
      PROPOSED ISSUES
      469 20 Company Rights Issue Alcorn One for two (,i M$1 00 per share •ssue of 40m Cumulative Redeemable Preference Shares (CRPS) of MJO 10 each at M$1 per share with 10m detachable fSR on the basis of 1 CRPS with 1 ISR for every 4 CRPS Bolton One for
      469 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      162 20 Are you willing to have a business in Indonesia Go in with our knowledge on your side. L mi vMjL /m. M I ®BANK DAGANG NEGABA STATE COMMERCIAL BANK Head Office J! MII rhamrin No 5. Jakarta Phone U1707-tXUOXUO, PO Bo* I.HH/JKI Jakarta HHIO2, INIK)NI SIA Tele* 6162H BDNULN IA
      162 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Early gains eroded on lack of follow-through support
      4196 21 Bernama SHARE PRICES in Kuala Lumpur closed barely steady yesterday after the morning's gains were eroded in the afternoon on lack of followthrough support. Index-linked counters came under profit-taking, causing the KLSE Composite Index to close 0.16 of a point lower at
      Bernama  -  4,196 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      82 21 'GOLFS, THE Ist INTERNATIONAL GOLF SHOW 11th to 14th APRIL 1991 •WTO SINGAPORE r 4 60,14 we#t iiw f®* 1 ®Js\Wp° !e «< "tSSsgSs^ c iu sive 018 Cerf' e lwn %j o rtd^»® 4 Venue: g. 5 ■fefe# up There! WKiaateraSi^h Tn D" 11 You ve PA NPACJ|T "aagSi—
      82 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Strong yen helps to limit Nikkei's fall
      2234 22 Reuter TOKYO STOCKS finished easier in thin trading yesterday after moving narrowly around their opening level during most of the day. Market sentiment had been dampened somewhat by New York's 46-point drop overnight, but gains by the Japanese currency helped to limit losses,
      Reuter  -  2,234 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market stages late rally on hopes over airport dispute
      2043 22 Reuter HONGKONG STOCKS staged a late rally to claw back from sharp morning losses and end the day comfortably higher yesterday. Most of the late buying came from locals who became more optimistic yesterday afternoon than they were on Tuesday or
      Reuter  -  2,043 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      26 22 Innovation Technology in BT on Tuesday Roari :.:l| IVcaU r i^ Chartikfitiii a guide invesffagjlp. the stock: Market. Every Saturday |j| Business S Times i i
      26 words
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  • REGIONAL STOCK MARKETS
    • Overseas weakness hits Aussie market
      • Article
        SYDNEY
        179 23 SOFTER overseas markets sent Australian shares to a lower close yesterday but prices showed some resilience at sharply weaker levels. The decline was mostly evident in industrials, but specific sectors held their ground with local and overseas buying. The All Ordinaries Index closed 6.4 points lower at 1,442.8. "The
        179 words
      • Article
        SEOUL
        845 23 SEOUL STOCKS opened higher yesterday on the news that Soviet leader Mikhail Gorbachev would visit South Korea on April 19 but closed lower as investors sold over worries about the market's future, brokers said. The Composite Index ended at 645.75, down 0.29 points from Tuesday's close. Trading was moderate
        845 words
      • Article
        Untitled
        802 23 Australia Apr I® A Certs VolOOO) AC Minerals 76 2 ***** ACM Gold 35 unch 3773 ANZ Bank 321 -3 5823 Aberfoyle 400 5 58 Add Stm 11 unch ***** Advance Bank 536 4 7340 Alcan 155 5 30 Amcor 468 1 8637 Ampot Ex 272 unch 900 Ano 242
        802 words
      • Article
        MANILA
        518 23 PHILIPPINE SHARES fell sharply across the board largely in reaction to bombings on Tuesday-which followed an army general's resignation. Fear combined with profit-taking to bring the Manila Composite Index down 87.05 points to 1,067.68 from Monday's 12-month high of 1154.73. Tuesday was a holiday. But analysts said the fall
        518 words
      • Article
        BANGKOK
        807 23 WEAK foreign markets, particularly the falling Dow Jones industrial index, caused Thai stocks to slightly drop yesterday, brokers said. The finance sector, which was bullish on Tuesday, also fell as traders sold to take profits before the long weekend, they said. The market will close tomorrow for a national
        807 words
      • Article
        JAKARTA
        616 23 MOST PRICES on the Jakarta Stock Exchange rose slightly, with the index edging up 1.28 points to close at 412.07 yesterday. Petrosea was well traded on the regular market, rising 550 rupiah to 8,600, following newspaper reports that about 300 rupiah per share Jakarta '0 Rapiah VotTOO) Abda 2600
        616 words
      • Article
        TAIPEI
        394 23 THE TAIWAN stock index closed barely changed yesterday as political concerns kept investors cautious, dealers said The Weighted Index hardly wa- closed a mere 13.92 points higher at 5,363.68 compared with Tuesday's 5,349.76. Turnover was NT569.3 billion against NTJ79.9 billion. Traders said long-term optimism about the economy had become
        394 words
      • Article
        NEW ZEALAND
        86 23 BROKERS were heartened yesterday by the New Zealand market's uncharacteristic ability to withstand a 45-point fall on Wall Street and end the day level on its previous close. One supporting factor was the arbitrage opportunity afforded by a lower New Zealand-Australian dollar cross rate, assisting major dual-listed stocks
        86 words
      • Article
        BOMBAY
        49 23 BOMBAY share prices closed mixed on Tuesday after a firm opening triggered widespread profit-taking, brokers said. "It was touch-and-go trading," broker Rasesh Maniar said. "Both buyers and sellers were very active." The Bombay Stock Exchange index rose 1.83 points to 1,240.53. The national index gained 2.11 to 621.05.
        49 words
      • Article
        Untitled
        86 23 done PiHom April 10 SYDNEY All Ordinaries Index 1,442.8 1,449.2 -6.4 All Industrials Index 2,230.$ 2,243.3 -14.8 All Resources Index 840.0 840 5 -0.5 Turnover (million) 84 93 -9 BANGKOK SET Index 882.75 885 75 -3.0 Turnover (million haht) 4,870 4,840 t- 30 JAKARTA Composite Index 412.07 410.79 4-1.28 MANILA
        86 words
      • Article
        Untitled
        342 23 Ia load uiim> Ii S$ b US$ day year day year day year Apr 9 laden dwat dway chaage cka—e chaage rfci—i Worid 412.9 -0.3 15.3 -0.3 13.9 -0.2 12.0 $EAFE 543.6 -0.7 15.6 -0.4 12.5 -0.3 10.7 Europe 433.5 0.1 18.9 0.5 9.9 0.6 8.1 Pacific 185.5 -1.3 13.1
        342 words
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  • WORLD STOCK MARKETS
    • Fed's action sends Dow sharply lower
      • Article, Illustration
        NEW YORK
        1227 24 WALL STREET INVESTORS, upset by the US Federal Reserve's apparent decision to keep credit policy steady for now, drove share prices sharply lower on Tuesday. The sell-off slashed nearly 1.6 per cent off blue chips. Worries of a rift within the Federal Reserve may have also hurt market
        1,227 words
      • Article, Illustration
        LONDON
        846 24 BRITISH SHARES were weaker in dull midsession trade yesterday after recouping nearly half an opening 21-point fall in the FTSE 100 index. Volume was a light 300 million shares. The early tone was set by Tuesday's near 46-point drop on Wall Street on disappointment the Federal Reserve had opted
        846 words
      • Article
        MILAN
        215 24 ITALIAN SHARES closed easier in thin trading yesterday, dominated by technical positioning ahead of tomorrow's expiry of monthly option contracts. However, brokers said the Milan bourse brushed off overnight falls in New York and remained relatively strong on a day when most European bourses were trading lower. Continued interest
        215 words
      • Article
        FRANKFURT
        234 24 GERMAN SHARES ended 1.3 per cent lower in thin volume trading yesterday. with edginess about the possibility of further German interest rate hikes contributing to generally gloomy market sentiment. The 30-share DAX Index fell sharply in the first few minutes of trade to a low of 1,558.42. But it
        234 words
      • Article
        AMSTERDAM
        324 24 DUTCH SHARES slipped further at midsession yesterday, dragged down by Wall Street's 1.6 per cent fall on Tuesday and a weaker dollar. But this is only a pause for breath as sentiment still remains strong, dealers said. The CBS General Tendency Index was 1.4 weaker at 95.4. after being
        324 words
      • Article
        ZURICH
        330 24 SWISS SHARES traded more than one per cent lower at midsession yesterday as Wall Stect's 45-point loss and weak share prices on the Tokyo bourse weighed on the market, together with higher Swiss money market rates. The all-share SPI index fell 12.7 points, or 1.17 per cent, to 1,074.3,
        330 words
      • Article
        STOCKHOLM
        53 24 PRICES on the Stoekholm bourse continued to move generally lower in thin early trade yesterday, while shares in telecommunications group Ericsson stabilised after two days of substantial declines. The general index fell 0.8 per cent to 1.072.62. Blue chips dipped 0.67 per cent on average. Turnover was a low
        53 words
      • Article
        BRUSSELS
        197 24 THE BELGIAN stock market opened lower yesterday on very thin trading following the trend of low activity over the past four days as dealers reexamine positions after the steep 16 per cent increase following the Gulf War. dealers said. The market lost 0.60 per cent in the first 15
        197 words
      • Article
        JOHANNESBURG
        378 24 LEADING share prices in Johannesburg cased slightly in slow morning trading yesterday following Tuesday's gains, reflecting a modest rally in the weak financial rand in reaction to its recent falls, dealers said. Gold shares had Vaal Reefs down a rand at 194 and Driefontein steady at 34.50 rand as
        378 words
      • Article
        PARIS
        154 24 THE PARIS BOURSE was sharply lower at midsession yesterday due to profit-taking in weighty blue chips and sentiment over a motion of no confidence in the French government, which is to be voted on today, dealers said. The CAC-40 index stood 1.53 per cent or 28.32 points lower at
        154 words
      • Article
        TORONTO
        225 24 SHARP LOSSES on Wall Street and disappointment that the Federal Reserve did not cut the discount rate sent Toronto stocks moderately lower in late trade on Tuesday, dealers said. Strength in gold shares partially offset losses in most other sectors. The Composite Index officially closed down 10.54 at 3,505.14
        225 words
      • Article
        Untitled
        46 24 Vienna VI»R <W Asch Akg Molding 5920 4- 270 E Allgem (PreO 3950 20 Junghun/I ***** 50 I jcndcrbank (Prcf 624 I cn/ing 1600 15 I cykam 503 5 Montana Oestcrr Brau 4670 60 Sempcnt 135 unch Steyr 409 2 Vcitschcr 820 6 Source: Austrian Laenderbank
        46 words
      • Article
        Untitled
        88 24 April 9 (love I'mimn NEW YORK Dow Jones 2.873.02 2.918.56 -45.54 NYSE linancial 150.68 152.34 -1 66 S&P 500 373.56 378.66 -5.10 Turnover (million) 169.94 138.59 1 31.35 LONDON Financial Times 30 1.998 1.999.0 -1.0 KTSF. 100 2,527.2 2.529.9 -2.7 Turnover (million) 504.3 592.7 -88.4 AMSTERDAM CBS Tendency Index 96.8
        88 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      51 24 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
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar trades in narrow band in early European trading
      1204 25 REPORTS Reuter T ill- US IX)LLAR traded in a narrow band around 1.67 marks at midsession in Lurope yesterday after rallying over a pfennig from the lows hit in New York and early Europe. By 1000 GMT the dollar was
      Reuter  -  1,204 words
    • Article
      MONEY MARKET
      396 25 Crass rates Apr 10 USS SS MS Dm Yen SFr A$ NZ$ US$ 1.7600 2.7445 1.6680 135.15 0.5580 1.4112 1.2715 1.6915 SS 0.5682 1.5594 0.9477 0.7679 0.3171 0.8018 0.7224 0.9611 MS 0.3644 64.13 0.6078 0.4924 0.2033 0.5142 0 4633 0 6163 Dm 0.5995 1.0552 1.6454 81.03 0.3346 *****
      396 words
    • Article
      INTERBANK FOREX RATES
      570 25 Interbank rates SS Bid Offer Overnight 4 1/2 4 5/8 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: 4-1/2 1S$ Bid Offer 7 days 5 15/16 6 1/16 1 month 6 6 1/8 2 months 6 1/16 6
      570 words
    • Article
      Lock icon Volatile mark a problem for portfolio managers
      394 25 Reuter THE volatile mark is making life difficult for international portfolio managers who feel investments in Germany and other countries in the European Monetary System (EMS) must be carefully monitored for currency risk. Moreover, divergent European economies have created strains in the EMS
      Reuter  -  394 words
    • Article
      Lock icon China devalues yuan by 0.95pc
      151 25 Reuter CHINA has adjusted the value of the yuan down by about one per cent against the US dollar, officials said yesterday. Effective from after close of business on Tuesday, the value of the yuan was set at 5.2589 to the dollar, down from 5.2090.
      Reuter  -  151 words
    • Article
      FINANCIAL FUTURES
      1194 25 SIMEX EURODOLLAR Open High low Sett Est Vol Op/lnt Vol Jun 91 93.66 93.66 93.64 93 66 5098 ***** 2776 Sep 91 93.37 9 3.37 9 3 34 93.36 3000 7792 1268 IXc 91 92 88 92 88 92 86 92.88 715 8838 378 Mar 92 92.68 92.68
      1,194 words
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  • COMMODITIES
    • Article
      Lock icon Robots to help modernise M'sian rubber industry
      574 26 AFP MALAYSIA'S century-old natural rubber industry, badly hit by rising production costs and labour shortages, is entering the age of robots to stay in business. In the future, robots strapped to rubber trees will tap and collect latex in a technological quantum leap
      AFP  -  574 words
    • Article
      Lock icon Uganda forecasts bigger tea harvest
      172 26 Reuter UGANDA expects a sharply higher tea crop this year as farmers return to their plantations because of improved security after years of civil war. Uganda Tea Authority general manager Miria Mugabi said that the 1991 harvest was forecast at around 10,000 tonnes, nearly 50
      Reuter  -  172 words
    • Article
      KL tin tumbles nine sen on easier LME close
      817 26 REPORTS THE PRICE of tin fell nine sen to M$I4.82 per kg in thin trading on the Kuala l.umpur Tin Market yesterday. Dealers said the market was atTeetcd by selling pressure following the easier close on the London Metal Exchange overnight
      817 words
  • Article
    PRICES
    1473 26 Rubber A P no HAS (W» In tak») S cenis/kg Noun Close Inl I KSSPronipl 141.50/142 SON 141 25/I42.25N Inl I RSS May 91 144.50/145.00 144 25/144 75 Int I KSS Jim 146 50/147.00 146.25/146 75 Inl 2 KSS OP 142.00/144 OON 142 00/144 DON Inl 3 RSS OP
    1,473 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      920 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 M THE MATTER OP THE COMPANIES ACT, CHAPTER SO, ANO M THE MATTER OP SEPTMA INVESTMENTS PTE LTD (In Mmbw*' Voluntary Winding Up) Extract of the minutes of an Extraordinary General Meeting of the members of Sept ma Investments Pie Ltd convened and held
      920 words
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      Page 26 Advertisements Column 2
      670 26 M THE MATTER OF THE COMPANIES ACT, CHAPTER SO, AND M THE MATTER OP UNI-CONTAINER UNES PTE LTD (In Members' Voluntary Liquidation) Extract of the minutes of an Extraordinary General Meeting of the members of Uni-container Lines Pte Ltd convened and held at One Rattles Place. #40-00 OUB Centre, Singapore
      670 words
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      Page 26 Advertisements Column 3
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1059 27 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA975 GA887 1300 1225 GA894 2340 SQ105 MH607 1050 1130 MH/SQ670 SQ106 0950 1045 Hihlildi SQ228 QF5 1905 2000 SQ107 SQ109 MH642 1305 1405 1450 SQI 08 MH641 1145 1315 Aatsterdam GA975 KL837 1300
    1,059 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Coming out of the darkness
      639 27  -  LETTER FROM IRAN By Richard Wallis THE 400-year-old frescoes of dancing girls concealed from public view since Iran's 1979 Islamic revolution may finally be uncovered in the palace of Chehel Sutun. Three of the four frescoes in the Great Hall of the palace, one of
      639 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.374 1.394 Canadian dollar 1.507 1.527 NZ dollar 1.025 1.055 Sterling pound 3.128 3.148 US dollar 1.7510 I.76IO I/kiI dollars to 100 units of foreign currency Austrian schilling 14.80 15.80
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      54 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Te} April 17th International Centre Fundacion El (541)*****25 *pnl International Budapest. HUNGEXHO 36II4709W 5-22 Book Fair Municipal de Libro Exhibition of Hungary Exhibition Exposiciones. Agricultural Buenos Aires Food Industry April International Barcelona Foirc dc (34)3/*****01 8-13 Construction Fair
      54 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      38 27 Johan, fly Finnair if you're going to Stockholm Swede home. Because Finnair gets you home at 0755 in the morning or onto over 30 other European destinations. Call *****77 for details. We know Europe from start to Finnish.
      38 words
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      Page 27 Advertisements Column 2
      52 27 SHO™ Shoplifters think of all kinds of tricks to sneak goods out of shops* Some exchange their old clothes for new ones in changing rooms. Others try to carry the goods out in gunny sacks* In The New Paper today The latest news and much more. From lunch-time. Monday to
      52 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      283 27 Naked in variety act or 5 bold entertainment (4) 9 Lead-notes, perhaps (5,5,5) 3 1 1 1 i I 1 1 1 1 1 1 1 1 11 Circle for battle 12 Air-conditioning fitted by i 111 I j department head, is dry 15 Pointer in garden giving 15 I
      283 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      236 27 Singapore Outlook: Showers over many areas in late afternoon and early evening. Forecast: Maximum temperature 34.0° C Assoc humidity 63% Minimum temperature... 25.5* C Assoc humidity 98% Hours of sunshine 6.30 Rainfall in mm Nil Rainfall this month 30.5 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      236 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      12 27 —v SORTeD ouT y (Q; I STANDARD CO LTD, IM3-IMI J C
      12 words
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  • Article, Illustration
    PM Goh leaves for two-day visit to Philippines
    430 28  -  Future of US military bases likely to dominate talks By Alvin Tay PRIME MINISTER Goh Chok Tong leaves for Manila this moming on the third leg of his courtesy calls on the Asean countries as the new head of the Singapore government.
    430 words
  • Article
    Patience is the name of the game in Hainan
    486 28  -  From Yong Pow Ang in HAINAN THE resource-rich Hainan island in China appears tantalising to the 50-member Singapore trade mission. But tapping the island's resources, as the team discovered first hand, requires great patience. Led by the Minister of State for
    486 words
  • Article
    Lock icon Singapore's GDP expected to grow by a real 7 per cent
    585 28 Reuter SINGAPORE'S economy should see another year of high growth in 1991 but without the pain linked with past expansion, economists said. Singapore's gross domestic product (GDP) should grow by a real 7 per cent this year, higher than
    Reuter  -  585 words
  • Article, Illustration
    Gorbachev engraved in gold
    47 28 Amid 'Gorbymania' ahead of Soviet President Mikhail Gorbachev's ground-breaking visit to Japan on April 16, a one-million-yen (S$13,000) gold medallion (left) and a silver version with his likeness have been minted. Tokyo and Moscow also hope to mint new ties through the visit.
    47 words
  • Article
    Lock icon Indonesian private bank seeks central bank assistance
    287 28 AFP ONE OF Indonesia's largest commercial hanks. Bukopin. which is owned by a consortium of co-operatives, has asked the central bank for funds to meet new capital adequacy requirements, Kompas, a leading newspaper reported on Wednesday. "We have no liquidity problem I guarantee
    AFP  -  287 words
  • Article, Illustration
    Profiting from the ties that bind
    717 28  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a senior correspondent with BT TWO FACTIONS of the Hainanese in Singapore recently waged a much publicised fight to lead the clan. The global Futsing clan, based in Singapore and led by
    717 words
  • Article
    Lock icon US consumer confidence back, but trouble not over: Bush
    454 28 Reuter PRESIDENT George Bush on Tuesday boasted that US success in the Gulf War had revived sagging consumer confidence, but he warned of more economic trouble down the road if Congress did not adopt his agenda, which included a cut in
    Reuter  -  454 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      145 28 Nikon The World's Finest Photographic Systems PERTH/BRISBANE PROPERTY INVESTMENT OPPORTUNITIES. PORTFOLIO PRESENTATION Australia offers a secure and IN SINGAPORE BY VISITING stable environment for investors AUSTRALIAN The opportunity currently exists to REPRESENTATIVES. take advantage of falling interest BROAD SELECTION OF rates and returns. PROPERTIES FROM AROUND APPOINTMENTS AVAILABLE SS 675,000
      145 words
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      Page 28 Advertisements Column 2
      88 28 I Nikon The World's Finest photographic Systems Greenspan sees US recover)' in months ahead, Pg 9 The business lunch with a difference Entertaining your overseas visitors The only cruise vessel with A Private Function room KARAOKE Your Staff Annual Outing/Dinner Dance Weddings Birthdays, children s parties Charters small groups or
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  • Shipping Times
    • Article, Illustration
      Steamers plans to buy into local airfreight operation
      426 29  -  Expansion strategy involves airfreight, telecommunications and shipping operations By Rahita Elias STEAMERS Maritime, a Keppel Corp subsidiary, has mapped out an expansion strategy involving its airfreight, telecommunications and shipping operations. The group plans to buy into a local airfreight operation as part
      426 words
    • Article
      S'pore-Austria deal allows 4th weekly flight
      249 29  -  By Dexter Lee SINGAPORE and Austria have finalised a new air agreement which will allow the deployment of a fourth weekly flight between the two countries. In a statement yesterday, the Ministry of Communications said the agreement follows two days of talks here between
      249 words
    • Article
      Pertamina takes advantage of new rules to secure tankers
      656 29 INDONESIA, the world's 13th largest producer of crude oil, foresaw some time ago that there would be global shortage of oil products such as jet fuel and automotive dicsel oil, in addition to its own substantial needs, reports Lloyd's List. The
      656 words
    • Article
      Lock icon Europeans send mine-hunters and sweepers to Gulf
      223 29 AP TWELVE mine-hunters and mine-sweepers from four European navies are joining the Allied naval forees currently clearing mines left over from the Gulf War. A French naval captain said in Dubai on Tuesday that mine-clearing ships from France, Germany, Italy and Holland are
      AP  -  223 words
    • Article
      Lock icon Shipowners responsible for safety, conference told
      265 29 Reuter SHIPOWNERS must take main responsibility for safety at sea, delegates at an international shipping conference said. "Shipowners cannot pass the buck to third parties, such as underwriters. The safe ship, and the safe operation of that ship, is overwhelmingly the responsibility of the
      Reuter  -  265 words
    • Article
      PSA to raise rates for inspection services
      293 29 THE PORT of Singapore Authority (PSA) will increase rates for its ship inspection serv ices by about 20 per cent on May I. A port official told BT the increase is necessary to cater to cost increases. PSA last revised its rates in
      293 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Entire board of Kenyan Airways fired
        83 30 Kb-NY AN President Daniel Arap Moi last Friday sacked the entire management board of Kenya Airways, including its Managing director Joseph Nyaga, for incompetence, the Kens an press reported last Saturday. Mr Moi named former entral Bank of Kenya governor Philip Ndegwa to chair
        83 words
      • Article
        Paris, Bonn eyeing Airbus craft
        57 30 I RANCH and Germany's air forces are considering puri.basing specially equipped Airbus A-340-300 aircraft tor long-range military missions. The Paris daily l.e Monde said that Germany wanted 10 aircraft, built by Europe's Airbus Industrie consortium, while France needed up to i ight planes for transport
        57 words
      • Article
        Federal resumes Kuwaiti service
        80 30 1 I DERAL EXPRESS CORP will resume service to Kuwait t lty on April 10. It said inbound shipments to all major hotels and banks will be delivered, and other deliveries will be held for customers in locations in active commercial sections of the city. Federal
        80 words
      • Article
        Japanese firms to build VLCCs
        84 30 ISIIIKAWAJIMA-HARIMA Heavy Industries Co Ltd and Kawasaki Heavy Industries Ltd have each received an order to build a VLCC (Very Large Crude Carrier) from two Japanese shipping firms, spokesmen for the companies said. Ishikawajima-Harima will build a 240,000-tonne VLCC tor Nippon Yusen, to be delivered
        84 words
      • Article
        Cargo ship catches fire in HK
        80 30 A 30-MEMBER Filipino crew escaped unhurt but a Hongkong watchman went missing after a Liberian-registered cargo ship caught fire in Victoria Harbour early on Monday. The blaze on board the 8,433-tonne Rose Everett took firemen nine hours to put out, a local marine fire
        80 words
      • Article
        Caterpillar unit in Chrysler deal
        87 30 CATERPILLAR INC's Caterpillar Logistics Services Inc unit said it has signed an agreement with Chrysler Corp to distribute replacement parts to Chrysler distributors in Europe. Africa and the Middle East. Caterpillar Logistics said it will order Chrysler parts for shipment out of the US, warehouse
        87 words
    • Article
      DAILY FREIGHTS
      1179 30 CHARTERING on the dry cargo freight market on Tuesday featured active time-char-ter and iron ore fixings while there was talk that the key US Gulf to Europe grain route had been secured at an easier rate of about U5515.50, brokers said. The Baltic Freight Index rose a further
      1,179 words
    • Article, Illustration
      Lock icon Giving wings to a fledgling industry
      945 30 Japan's anaemic aerospace industry is a rare instance of failure in the country's industrial policy, but in the aftermath of the Gulf War, many officials believe Japan must compete in this "strategic" industry AP JAPAN'S manufacturing giants dominate Nagoya, a factory-studded city between Tokyo
      AP  -  945 words
    • Article
      COCKETT BUNKER MARKET REPORT
      771 30 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 are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      771 words
    • Article
      THE SHIPPING GUIDE
      12498 38 I his is a list of ships loading J at Singapore for ports around the world. It tabulates, by destination, the name of the i ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published
      12,498 words
    • Article
      SHIPPING AGENTS
      3397 43 A Containerline NV: Bclsin Shpg Agencies Pte l.td (SyMarine Handling Sdn Bhd (PK/PN) Vcvord (.roup: Accord Shpg I'tc I Id (SyAccord ontr l ine (PK/PN) Adkris Business Corporation Philippine: alsource Shpg Trdg Pie l.td (S) Vhrenkiel Liner Service: Kini Shpg Trdg(S) Albatros Sea-Air Service: I rata Shpg Pte
      3,397 words
    • Article
      COURIER SERVICES
      257 43 Abacus Couriers Tel: 545-8011 Fa* *****98 Air h press I ravel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 fax *****16. *****80 Airswift Worldwide C ourier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. C'it>-link International Tel 344-3377 Fax: *****50. luster I
      257 words
    • Article
      AIR FORWARDERS
      1501 43 Abex Fx press Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel 542-7822. Fax: *****20. \erolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo F.xpress Tel 542-5454. Fax: *****06 Air Fa press International Tel: 542-7666. Fax: *****74,
      1,501 words
    • Article
      PORT CONDITIONS
      2862 44 ARGENTINA Buenos Aires: Port quiet, general cargo berths available San Ijoren/o: Six vessels in port of which 2 loading grain, 4 loading pellet ized meals: 5 vessels in roads awaiting berth of which 4 to load pelleti/ed meals. 1 to load grain. Rosario: Four vessels in port of
      2,862 words
    • Article
      AIR FREIGHT SCHEDULE
      455 44 ARRIVALS DEPARTURES Op Flight Ijpe ETA I" From Op Flight Type FTD T To TODAY TODAY KAL KE697 B747F 0220 I SEL KAL KE697 B747F 0450 I BKK NCA KZ203 B747F 2005 I NRT SIA SQ/ B747F 0540 2 BOM/LON KAL KE685 A30F 2345 I SEL/MNL BA822
      455 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      466 44 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Bulk carriers Huron: 28.660 dwt and built 1978, sold to Swiss-based Greek interests for about US$6 million. The Sinus: 27,140 dwt and built 1976, sold to a Norwegians for around USSS.IS million. The Subicevac: 28,973 dwt and built 1978,
      Reuter; AFP  -  466 words
    • Article
      CRUISE & FERRY SCHEDULES
      304 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA FID Ports of Calk Port Agent APRIL II II Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson IS 1$ Andaman Princess 0900 2200 Sin-Cruise-To-I ines Int Holding Nowhere 15 15 Renaissance IV 0900 2000 Semarang-Sin-Barwil Agencies Semarang 15 15 Cora
      304 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        658 45 V«M* toy H» Berth Arrival Departiie *oy No Berth Amval Depart™ KaMMi Wharves Johan 2 206A91 M4B 1104 0800 1104/2100 Huangjinshan 91/2 K33 alongside 1504/1830 Mandalay Sta 1/911 MIC 1104/1000 11 04/2200 Ocean Pearl *****0 (P H29 alongside 1004/1630 Sheraton 2 0691 M3A 10 04/1515 11 04
        658 words
      • Article
        CONTAINER SCHEDULE
        1360 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookng/Babnce Rdts Sip Voy No Etb/Btr Period From To From Aha Bhum mi 11/1445 1 10/1500 10/1659 10/1900 A) Waiba 58 14/0700 4 11/1200 11/1459 11/1700 Anson *****N 12/2359 3 11/0700 11/1159 11/1400 4 U/1200 11/1459 11/1700 Aysen 18N
        1,360 words
      • Article
        IN MALAYSIAN PORTS
        244 45 Penang Port Berth in Butterworth on Apr! 11: 1: Thalassmi Axia; 2: Malayan Success. 3: Tartah I; 4 ml; 5: Pelopor, 6 Bunga Ser°|a. Penanf Wharf: NB ml; CB ml; SB USS Jason BCT: Bl Nan Du Jang. B* An An Hai; l/B: Xin Hua 7. VOIP:
        244 words
    • Article, Illustration
      Lock icon Nigeria plans new terminal for refined products
      326 46 Reuter NIGERIA plans to complete by 1994 a terminal in the Niger Delta for refined products to support an aggressive export drive. Oil Minister Jibril Aminu said. When Nigeria's four refineries are fully onstream, including a new one at Port Harcourt, total installed
      Reuter  -  326 words
    • Article
      Norway's K/S fleet valued at US$2.5 billion
      457 46 THE huge fieet built up under the Norwegian K/S investment system a system which commentators expect to be radically restructured is worth around US$2.5 billion (554.4 billion) at current market values, according to a new report. Detailed research on fleet composition indicates that
      457 words
    • Article
      Thai govt urged to relax telecom rules to attract investors
      412 46 IBM (THAILAND) CO's telecommunications and special projects manager Chatchavalie Sornwaree has told a seminar that the Thai government should revise its communications laws requiring private companies to transfer ownership of completed facilities to the state. Only the government can now
      412 words
    • Article, Illustration
      Lock icon Chevron faces crucial vote on oil field project
      477 46 Reuter THE GIANT Point Argucllo offshore oil project faced a crucial vote in Santa Barbara, California, yesterday that could deal Chevron Corp another setback in its efforts to bring the field into production. The California Coastal Commission will decide whether to hear
      Reuter  -  477 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      40 29 BSWEE HENG METAL CO PTE LTD No 13, Tuas Avenue 14, SPORE 2263 FAX 861 2946 TEL 861 5855(5LMES)|MB| SoteAgent TLX RS2OB7BSHMCPU■■ WL\ Commercial Cleaning V Equipment Industrial Maintenance Equipment Also buy,soil rental repair SINGAPORE BUSINE^fiI the Managing OM SALE
      40 words
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      Page 29 Advertisements Column 2
      52 29 Air Forwarders 15 Air Fraght Schedule 16 Cockett Report 2 Contaner Schedule 17 Corner Serves 15 Cruse A Ferry Schedules 16 Darty Fraghts 2 Index to Advertise 3 Port Coodrtwß 16 Shop* Afents }5 ShMwig Gwde 10,11 Tanker Rates 16 Shps m Port 17 Singapore Tdes 17 Weather and Sea
      52 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2173 31 1 —-L- lARDINE SHIPPING AGENCIES AMVIbA .>OO Cantonment Road #12 06 Southpoint. Singapore 0208 \«llfr let *****11 XNO RS 241N ■IIIIIH IfRMINAL Tel *****18 220 rßflmfll bookings th *****34 -2a L wOOQr J MSAKA lARDINE SHIPPING AGENCIES fORT KEIANG TEL *****18 MA***** MA***** PENANG TEL *****4 TEIEX MA***** CfS TEI
      2,173 words
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      Page 31 Advertisements Column 2
      834 31 INDEX TO fIPWERTISERS Page Col <o1 I ~l I M ~1 ABC" Containerlinc 12 I Mac-Nds Agencies 14 1/2 Accord Group X 1-3 Mac-Pac Freight 9 4/5 Albatros Sea-Air 14 3 Macoline 9 4/5 Allied-Link 16 4/5 «Maersk Line 3 4/5 API 5 3-5 MISC 14 1-3 APC Line 13
      834 words
    • Advertisement
      Page 31 Advertisements Column 3
      2236 31 ■BffMW NEXT VESSEL TO U.S.A. METTE MAERSK V.9104 ETA 16/4/91 VMWI Voy Tta I ETD "Port "Pminj DESTINATIONS Singapore Ketang this Mem 9'04 t, CFS 'V 4 MRS M T»ufO OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR MtrtE MAt HSR 9104 i>> 4 I? 4
      2,236 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1366 32 I I I Irotteoam I VOV Nil S PORE SOUTHAMPTON HAMHUHG ANTWFHP 11 HAVRE SBSBI LONUON EXPRESS 01/114 13/4 4/5 2/5 31/5 [233 KITANO 07/314 16/4 3/5 5/5 7/5 B/5 HAMBUHCj EXPRtSS 02/115 19/4 10/5 8/5 /'5 t. ALL WESTBOUND P. HANNOVER EXPRESS 02.315 21/4 8/5 10/5 13/5 14 5
      1,366 words
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      Page 32 Advertisements Column 2
      593 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I J BONTANO 2103E ?5/4 12/5 15/5 20/5 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA i NUKUAIOAfA DIRECT CHILE SERVICE SIN 100 ANF VAP CIX SAI (PERU) L J BONTANG 2103E 2V4 3/6 4/6 7/6 9/6 10/6 Agents «%lU#
      593 words
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      Page 32 Advertisements Column 3
      1503 32 MBMBM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA MUBARAK 9106 3 15/04 05/05 06/05 09/05 10/05 11/05 12/05 13/05 14/05 NORASIA AL MANSOORAH 9107-3 22/05 11/05 12/05 17/05 18/05 19/05 20/05 21/05
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      1953 33 SgSteamers Maritime Holdings Ltd P&O jprjw STRAITS SHIPPING VMk r IJ Singapore to BrMti. last Malaysia. Containers Mt J» Bjwi 1 ACCEPTS OUt SAILS Vuir No Pen -Pkt Spore A g Sou A'tt MoT Hhf r Drn RLGINA MAIRSK 06,04 08 04 1204 2504 2S 04 2904 0104 LAKW HVIRPOCI
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      2270 33 TO: U S A /PANAMA FM: U S A /PANAMA i y ot« in cm >D 8 s»v nor n«i ntc no» sav cm igb oak sp CHO'ANO (jIORV ff 111 111 <5 11,4 Mi ft,b *.5 as PARIS SIN «A 1W 111 1/1 U Kl W »> »<« ASIAN
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      360 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR YOKOHAMA NAGOYA AND OSAKA M.V. COSMIC CHALLENGER V 6 t ETA SPORE 19/4/91 ETA PK 21/4/91 ETA OSAKA 3/5/91 ETA NAGOYA 5/5/91 ETA YOKOHAMA 8/5/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN
      360 words
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      742 34 -B» HBi CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSt VOY S PORE ROAM ADAM H BURG BREMtN ANTWERP SRIWIJAYA/31WB 13/4 15(5 71;5 27/5 »/5 KUTAI22WB 1/5 46 "6 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|*ct to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa.
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      Page 34 Advertisements Column 2
      1049 34 ii.l HANJIN SHIPPING S pore LEH RTM ANR HAM BRV PEL If*"** mar-fKACH Mil DlRtc" AUL L HANJIN KAOMSIUNG 003W 114 >M ,NI JO 4 30 4 15 25 2 t H HONGKONG 013E 1J 516 S HANJIN VANCOUVER OWW 14 4 .'5 15 4 5 1 5 6 5
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      49 34 I anna SCAN LLOYD SHIPPING PTE LTD. Bj=jh=: J BLK 118 ALJUNIED AVE 2 #06-106 SINGAPORE 1438 TEL: *****22 WEEKLY (MON. THURS) VSL: ALSO REGULAR SERVICES TO DUMAIPEKANBARU SPECIALISE IN PROJECT CARGOES FOR ALL INDONESIAN PORTS ALSO SPECIALISING IN WAREHOUSING AND STORAGE SPACING FOR ENQUIRIES/BOOKINGS CONTACT MISS YVONNE CHUNG
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      1305 34 P. SCP HKG use KIC PUS MKT OS* NGT SMI TYO LAX CHS BAL NYC LHV AWW RDM TUP HBC PSO CUB PKL KP l£ RE 039 12 4 114 16 41/4»422 4 24 4 K 4 27/4 2* 4 29 4 10'S 22 524 5 26 5 4« 5/6
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      1931 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 MM m a TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 CFS K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 535 nepune sdnbhd Malaysia K.L.-(03) *****33, P. Ke)ano-(03) *****87, Penano-(04)
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      Page 35 Advertisements Column 2
      1128 35 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 VESSELS VOYAGE |sPOW |v»h ,A| M«OHC VOYAG£ SPORE PKLANG HBURC 8 HAVEN
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      1860 36 K. '■■P wpm W VP AS AGIN IS KAWASAKI SINGAPORE (PTE) LTD ICR No **********0 M) T(l ??1897MEIEX KAWAKIRS23I6S FAX ??49?/9 J I W*J MAiAYSIA "K LINE MARITIME (MALAYSIA) SDN BHD I JHL TEL PJ7bb47??PK *****01 5 PENANG *****5 JB *****1 ■■mi KAWASAKI KISI N KAISHA I IP. INDONESIA P
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      Page 36 Advertisements Column 2
      1220 36 PHILI-Ottl€NT UN€S PT€ LTD 108 ROBINSON ROAD #0/ 00 GMG BUILOING SINGAPORE 0106 TEL *****22/**********1800 TELE* RS 28/20 PHILI FAX *****76 *****38 BY AIR, LAND OR SEA SJiesjy WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "■BjSSSSBSiSSSSSSSSS|S ij^^SSESSSSSpiS APR MONTREAL, OTTAWA, PMApPccTnN S rmrlrrT ONTARI
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      Page 37 Advertisements Column 1
      1623 37 —~Tr o I nui .lua t tspiu ii i«vi gSSaPff PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #03-00, Singapore 0106. r JAKARTA 1 I BANGKOK 1 VESSEL vov SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 151 12/4 14/4 18/4 KOTA BINTANG 9109 12/4 19/4 23/4
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      Page 37 Advertisements Column 2
      1207 37 f BEN LINE CONTAINERS LTD \lf 200 Cantonment Road Tel: *****22 1 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** M EXPRESS CONTAINER SERVICE TO UK/CONTINENT 1 IVESSEL ~VOY NOS 1 SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG I I FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Tokyo" 0%
      1,207 words
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      Page 37 Advertisements Column 3
      575 37 MM* MYANMA P& FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg /A VIO7W Sid In Pt PA AN VI62W 16,23 Ap' g&THI BANK UNE (A service of Andrew Weir Shipping) \f SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY EXPRESS TO PAPUA NEW GUINEA UNKER SURCHARGE CONTR
      575 words
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      Page 40 Advertisements Column 1
      701 40 TO AUSTRALIA/NEW ZEALAND VSL Sin fiem Hfc'b Syd Auch NPt P CMAIM MARTHA H 2W 2M 115 If 5 21* 2lii ULEN MIIDIG ."0 lJib .VS 255 »i ll*> if* brussiiTTTl 7ii is iw i*fc x>& C~»eROlMf ?72 106 77* Hi 21* 2,1 V I TO USA/CANADA VSL Singipwe N
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      Page 40 Advertisements Column 2
      964 40 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG IKT SINThKG KAO KEE TYO SM7 NGO KOfT VESSEL VOY ISIN [PKI PNC BtW SIN TSKMELO"D"Y 73 "8 4 134 19 4 237 24 4 25 4 EQUATOR PRIDE 87A 13 4 14 4 15
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      Page 40 Advertisements Column 3
      181 40 P.T. UNITED SHIPPING ORGANISATION LTD X OMtaiKCU)UI<i»IMCIS 'X JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA 1 SURABAYA W ■Jf Accept cargoes to all other ladMCtlaa port* JL- with tranaklpMent at Jakarta or •■rakajra. if DESTINATION ETA ETD VSL JAKARTA 21,4 22/4 P KALIMANTAN 25/4 26/4 P SUMATERA W 29/4 29,'4
      181 words
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      Page 40 Advertisements Column 4
      1460 40 R fc a 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE tel.- uid 2. MISTRI ROAD. HMC BUILDING TELEX: RS ***** COSHIP #15 00. SINGAPORE 0207 FAX: *****66 CR NO **********0* CABLE: COSTARLINE General Agents: OOSTAR SHIPPING PTE LTD TO HONGKONG AftO CHINA FROM HONG KONQ AND CHMA VESSELVOY
      1,460 words
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      Page 41 Advertisements Column 1
      1074 41 UKC CONVENTIONAL SERVICE Vessel PHI PNG P C Loading »of A VESSEL 28 04 Rotterdam Antwerp china nai cowTAiMEm mvici Vessel SGP PKL BKH HKG QIN SNA YANCFANCKOU 29 04 »04 07,0 i lIId 16 (ft YANGFANCKOU 151 1%01 JO 05 0706 12« 16 06 Also jcceotmg oilier Chinese ports
      1,074 words
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      Page 41 Advertisements Column 2
      344 41 frSSi RICHFIELD MARINE AGENCIES (S) PTE LTD Si TEL: *****33 (12 Lines) mmrn* FAX. *****15/*****03 P*l TELEX: RS ***** RISHIP (3 Lines) If# ETHIOPIAN SHIPPING LINES T (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL SPORE ABBA OAPEbSAiAAM MOMBASA DJIBOUTI a ;ab ma mm V SANET I A %AM M
      344 words
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      Page 41 Advertisements Column 3
      822 41 7v^»Tt*HATtOML P. T. PUL INTERNATIONAL LINE FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE. 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 PAJ
      822 words
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      Page 41 Advertisements Column 4
      485 41 SYDNEY/MELBOURNE BANGKOK VtSSCL «OY SPORE SYD Mtl VESSEL jvOY SINGAPORE BANGKOK PIYA BHUM 0503 HIK 27«,« 01-03,5 [jeNLINK 50N In Pt J 11,4 Sun 14 4 Pt WtT 00 10/5 22 24/5 26-20/5 NANTA BHUM 36N In Pt 11/4 Sun 14 4 PIYA BHUM 0704 14 15/5 27 MfS 31-2«
      485 words
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      Page 41 Advertisements Column 5
      485 41 Tlfitß-llflE VSL VOY SIMCAPORg MADRAS SWOAPORE 4 VESSEL VOY SIN MAA SIN LEUVE 9143 In Pt II 20/04 7S-25/04 TIGER BAY ISSN 14 1404 21-23/04 MO4 •TICER STAR IMN 20 20*04 2« 28W 04-04*05 I VSL VOY SINQAPORE/CALCIITTA/SINQ APOR E 4 VESSEL VOY SIN CAL SIN TICER RIVER 127CN8 13
      485 words
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      Page 42 Advertisements Column 1
      1401 42 A MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 11 PENANG TEL (04) 634b36 KK TEL (088) 2422b0 TAWAU TEL (089) *****9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 J BAHRU TEL (07) *****? SIBU TEL (084) *****2 SAHIKEI TEL (084) 6b 1388 V/
      1,401 words
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      Page 42 Advertisements Column 2
      403 42 IJKZW BLUE STAR LINE SINGAPORE TO r NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISKI) MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING K'l, LCI. FOK AUCKLAND. NAPIER. WELLINGTON. BLUFF. CIIKLSTCHUKCH. DUNEDIN. LYTTELTON, INVFR( ARGIL. FIJI AND TAHITI SIN N PLY AUCK IV! I MULBERA »S 14 Apr 27 Apr
      403 words
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      Page 42 Advertisements Column 3
      756 42 I ,<S"I 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 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT I ETA IBEST VESSEL WIT ETA PUT KIM SOON LI 13/91E
      756 words
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      Page 42 Advertisements Column 4
      344 42 f INTRODUCING OUR NEW CONSOL TO tMHIILp CALCUTTA a J= STJF CHITTAGONG ALSO CONSOLS TO: BANGKOK EUROPEAN PORTS EEKLY HONG KONG (AND CHINA) SERVICE JAKARTA 4/ KOPER (YUGOSLAVIA) 2 SAILINGS PER MONTH AUCKLAND *^V COLOMBO (AND INDIAN 3 SUB-CONTINENT) I SAILINGS DUBAI (AND MIDDLE PER MONTH EASTERN PORTS) PORT LOUIS
      344 words
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      119 45 FOR SUCCESSFUL MANAGEMENT OF YOUR ■fe ■AH Vj Stories on labour and its relationship with HC I I I Hi management, management concepts in practice, %0 kJ I Mm profiles of leading managers in Singapore and relevant book reviews. A J A ENTERPRISE MANAGEMENT, in Business Vy hvA is Times
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      341 45 TIDES AND WEATHER TODAYS TIDES (height in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 **********00 1500 1600 1700 1800 1900 2000 2100 2200 2300 J« 16 1.5 16 16 18 19 2.1 22 2.3 22 20 1.7 14 1 1 09 08 08
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      Page 46 Advertisements Column 1
      719 46 CHARTPOINT Every Saturday in Business Times /HYUNDAI MERCHANT MARINE CO. LTD. EASTBQUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOV PKE JHR SIN LINE HAUL VOY LBH OAK SE* LINE HAUL VOY TCM/SEA PTL WAN HAI 202 018 09,04 10/04 11/04 H CHALLENGER 41E 06/05 09,05 12/05 HARBOUR BRIDGE
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      Page 46 Advertisements Column 2
      620 46 CHARTPOINT Every Saturday in Business Times t'om Vo» PNG PHI Motiw Vot SIN lAX OAK HOU DAI CW NO* MEM NYC OUR USA AKA BHUM V 471N —12 4 ALLIGATOR TRIUMPH V ***** IS 4 ~TT ~6~T ~TT I 5 15 1.5 1/4 IP'S SERVICE CALLS AM BHUM K 4ION
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