The Business Times, 12 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 Friday, April 12, 1991 75*
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  • NEWS SUMMARY
    • Article
      Syria refuses compromise on Arab-Israeli deal
      49 1 SYRIA yesterday ruled out a compromise on an ArabIsraeli peace deal, refusing to soften its hard-line stand only hours before US Secretary ol State James Baker arrived for the toughest test of his Middle East tour, the official al-Baath, newspaper said in Damascus.
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    • Article
      Minsk strikers suspend protests
      32 1 STRIKERS in the Belorussian capital Minsk suspended their action yesterday after the local authorities agreed to open talks with representatives of the strike committee. Interfax news agency said.
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    • Article
      Regional base set up
      30 1 DUTCH chemicals company Akzo, which has applied for pioneer status in Singapore, has set up a regional manufacturing base for coatings in the Republic Page 2
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    • Article
      Hot property
      33 1 THE MALAYSIAN property market saw 47 per cent growth in terms of transaction value to MS 16.6 billion (5510.6 billion) in 1990. up from MSI 1.3 billion in 1989 Page 7
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    • Article
      Suits against pirates
      28 1 A SEVEN-MEMBER US group plans to bring trademark violation suits soon against distributors and big corporate users of pirated software products in Thailand Page 7
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    • Article
      Moscow teetering
      26 1 THE SOVIET ECONOMY is poised for total collapse after several republics withheld funds from the central government, says a senior finance official Page 8
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    • Article
      Capital shortage
      33 1 A JAPANESE Finance Ministry spokesman has urged world financial institutions to deal with the international shortage of capital created by the huge gap between savings and demand for funds Page 9
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    • Article
      Eye-opening trip
      20 1 SINGAPORE investors who recently accompanied a trade mission to Sarawak found it to be an "eye-opener". Page 11
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    • Article
      Latest karaoke craze
      26 1 NEXT on the list for karaoke lovers in Japan, karaoke boxes, or karaoke without the cover charge, is the latest craze Page 17
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    • Article
      NOL seeking ships
      28 1 NOL is looking for four large container ships to charter in a bid to increase its vessel tonnage to North America. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow higher
      32 1 WALL STREET gained ground early yesterday with encouragement from better-than-expected news on inflation. The Dow Jones average of 30 industrials rose 39.61 to 2,914.11 in the first hour of trading.
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    • Article
      Footsie higher
      33 1 LONDON shares were slightly higher at midday yesterday in featureless trading. At about 1115 GMT, the Financial Times-Stock Exchange 100Share Index was up 2.9 points, or 0.1 per cent, at 2,521.7.
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    • Article
      Counter conversion
      30 1 THE SINGAPORE stock exchange will start to convert the counters that are still traded with scrips into the scripless system in June, says an SES official Page 3
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    • Article
      Euroyen changes
      13 1 SIMEX has announced changes to its Euroyen futures contract Page 3
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    • Article
      Takeover bids arrive
      27 1 TAKEOVER BIDS are surfacing in Japan after a recent legal change, but the era of Ameri-can-style hostile bids is yet to come Page 3
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    • Article
      Investment boon
      25 1 MALAYSIA'S recent move to develop its financial services sector and improve the investment climate holds much prospects for foreign financial institutions Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 717.51 +5.71 Kuala Lumpur ...575.79 +3.51 Tokvo 26,425.19 +156.33 Hongkong 3,703.93 -73.69 Sydney 1,454.3 +11.6 Wednesday Change New York 2,874.50 +1.48 London 2,518.8 -8.4
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI.7605 100 Yen SS 1.2897 MS SS0.6420 Money marfcet rates Overnight 4 3/4 +1/4 3-month 4-11/16% +1/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix USS360.75 +USS2.90 Rubber S'pore May 145.00*/kg +0.75 M'sia May 225.50«/kg unch KL Tin Turnover tonnes Spot MS 14.79/kg -0.03 Crude palm oil Turnover 2418 lots +-1101 Apr MS763 /tonne -3
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  • Article, Illustration
    EDB in US$330m wafer fabrication venture
    559 1  -  Board ties up with TI, HP and Canon By Genevieve Cua SINGAPORE'S electronics industry is getting a half-billion-dollar vote of confidence with the establishment of an advanced wafer fabrication facility, an investment that is expected to propel the sector into a new and higher
    559 words
  • Article
    Lock icon Manila must reform economy: UN report
    258 1 Reuter THE PHILIPPINES will be unable to match the high economic growth rates in other parts of Asia until it radically reforms its economy to promote export industries, said a United Nations-commis-sioned study published in Manila yesterday. It said Philippine industry remained highly inefficient,
    Reuter  -  258 words
  • Article
    Lock icon US wholesale inflation down for fourth straight month
    288 1 Reuter INFLATION at the wholesale level in the US eased for the fourth straight month in March as prices moderated on a broad front, led by a sharp fall in energy costs, the US Labour Department said yesterday. Meanwhile, the US Commerce
    Reuter  -  288 words
  • Article
    Funds worth US$45b are bound for Asia
    335 1  -  b» Quak Hiang Whai AN ESTIMATED US$45 billion (Ss79 billion) of investment funds will move out of the US into Asia over the next three years, leading to more fund management companies coming to Singapore, said Mr Duncan Mount, managing director of a
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  • Article
    Lock icon NEP changes to be announced in June
    231 1 AFP MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad will outline to parliament in June a long-term plan to replace the New Economic Policy (NEP) which expired last year, the Bernama news agency said yesterday. The plan is to help Malaysia achieve developed
    AFP  -  231 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      217 1 I USUI'S Ifl I I COMPUTER PRINTER I B RIBBON MANUFACTURER J Aircraft Schedule 27 Money Market 25 World News 8.9 Commodities 26 Regional Co News 4 Cryptic Crossword 27 Regional News 7 Editorial 10 Regional Stock Markets 23 For market indices, editorial. Financial News 6 SES 18,19 advertising and
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    • Advertisement
      Page 1 Advertisements Column 2
      121 1 guts a language to open a Mehta talks the men finds Opinions V |P Singapore used to be a v leading chess-playing nation in Asia how do we VW *jS. recapture that glory? jf The three major parties R contesting the polls next y month in India carry credentials that
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      Page 1 Advertisements Column 3
      89 1 Compact A3-format Copier. «a 3b dining on E 1 ■KM TOPgF-THE- jg Wt Join us at the top. Enjoy the best Beijing ujfy S* cuisines specially prepared by our master fiaESj \3fc!39l chef. All yours to savour, amidst the grand panorama of the city and southern islands, 27 vHfejfljS the
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  • HOME NEWS
    • Article, Illustration
      Dutch chemicals company to set up S'pore factory
      452 2  -  By Genevieve Cua THE RECOGNITION that Asean is one of the fastest growing paint markets in the world has prompted Dutch chemicals firm Akzo to set up a regional manufacturing base for coatings in Singapore. It is understood that Akzo. which has
      452 words
    • Article, Illustration
      GB Building up for sale by tender
      181 2 GB BUILDING, a 29-level office building at the junction of McCallum Street and Cecil Street near Tanjong Pagar, is up for sale by tender. The closing date for the tender is May 22. The guide price for the building is $130 million, which
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    • Article
      Asean-Aussie green concerns
      225 2  -  By Jean Wee ASEAN and Australia arc expanding economic and development cooperation to include more environmental projects. It was decided at a meeting held here between officials from Asean and Australia to have green concerns covered by the AseanAustralia Economic Cooperation Programme (AAECP). Australia, which is already
      225 words
    • Article
      UOB-SES Central Depository link up
      244 2 SELF-SERVICE retail banking has taken another step forward United Overseas Bank (UOB) customers can now check the status of their securities investments while completing other transactions at the bank. Users of UOB's self-ser-vice electronic banker can also receive updates on their investments without having to
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    • Article, Illustration
      Takashimaya offering three scholarships to S'poreans
      439 2  -  From Koichi Ishiyama in TOKYO EMPLOYING a novel marketing approach. Japan's oldest department store operator, Takashimaya Company, which plans to open its first shop in Singapore in two years, has announced that it is inviting three Singaporean students to study in Japan every year
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    • NEWS ROUNDUP
      • Article
        STPB's award-winning efforts
        92 2 THE Singapore Tourist Promotion Board's marketing video titled "Four Faces of Singapore" won the best Travel Video award in the Pacific Asia Travel Association (Pata) Gold Awards 1991 held yesterday at the Pata Annual Conference in Bali, Indonesia. Its advertising campaign promoting Singapore as a convention destination
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      • Article
        New postings
        59 2 The Ministry of Home Affairs has announced that with effect from May 1, Mr Poh Geok Ek, the director of the Central Narcotics Bureau, will be posted to the ministry to serve as Second Director (Operations). The new director of the CNB will be Mr Sim Poh Heng,
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      • Article
        German officials on visit
        89 2 TWO senior officials from the Ministry of Education and Sports in Baden-Wurttemberg, Germany, are in Singapore for a seven-day visit which ends this Saturday. The visit by Mr G Bulling and Mr W Wirtky is to finalise areas of cooperation between Singapore's Vocational and Industrial Training
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      • Article
        SDP public forum on Saturday
        69 2 THE Singapore Democratic Party (SDP) will be holding its next Public Forum on April 13 between 7.00- 10.30pm at the Grand Central Hotel. Party secretary general Chiam See Tong. chairman Ling How Doong and executive council member Low Yong Nguan will speak at the bilingual
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      387 2 r Arthur SB!!? Venturing Overseas? AsstSL H. A Seminar to help you review your business options and achieve tax-efficient solutions In line with the current trend of overseas business expansion, Arthur Date May 7, 1991 Andersen will be conducting a seminar to discuss the following Issues: Duration 8.45 a.m. to
      387 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Conversion of all counters to scripless trading begins in June
      455 3  -  Nat Steel shares and warrants to start the ball rolling By Magdalene Ng THE STOCK Exchange of Singapore will begin converting counters that are still traded with scrip into the scripless system in June, an SES official told BT yesterday.
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    • Article
      Asia Pacific Land stages strong turnaround
      279 3  -  By Lilian Ang PROPERTY-BASED Asia Pacific Land, once called Mount Pleasure Holdings, has bounced back from the red to post a group after-tax profit of M 512.28 million (SSB million) for the vear ended Jan 31. 1991. The strong turnaround, from an after-tax loss
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    • Article, Illustration
      Simex acts to beef up S'pore-Tokyo trading
      230 3  -  By Quak Hiang Whai IN A MOVE to promote more inter-exchange trading between Singapore and Tokyo futures markets, the Singapore International Monetary' Exchange (Simex) yesterday announced changes to its euroyen futures contract. With effect from the June 1991 contract, Simex will align the
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    • Article
      SES lines up panel on Japanese warrants
      249 3 THE Stock Exchange of Singapore yesterday disclosed the line-up of the working committee which is looking into the possibility of trading Japanese warrants on Clob International, following Wednesday's announcement by SES chairman EW Barker that such a panel had been formed. The 12-member
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    • Article
      Can Amcol sustain growth?
      736 3  -  THE HOCK LOCK SIEW COLUMN By William Chia AMCOL HOLDINGS reported an impressive increase in group earnings last year on the back of higher turnover, but the question in some investors' minds is whether this performance is sustainable. This scepticism is partly due to the concern
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    • Article
      DBS Land denies talk of rights issue
      160 3 DBS LAND was the most heavily traded counter yesterday on rumours of a rights issue, which were promptly denied by the property group. In response to a query by BT, a spokesman from DBS Land denied all permutations of the rumours, which fuelled
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    • Article
      Provision Suppliers Corp explains profit shortfall
      140 3 A SHORTFALL in the sales of in-house brands such as Royal Umbrella Rice was the major reason why the pre-tax profit of Provisions Suppliers Corporation (PSC) fell short of its forecast. The forecast was contained in its prospectus, I issued just before its public
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    • COMPANY BRIEFS
      • Article
        UOB unit to manage venture capital funds
        51 3 UNITED Overseas Bank has set up a eompany called UOB Venture Management Pte Ltd to manage venture capital funds, rhe wholly-owned subsidiar\ has an authorised capital of SS(K) and a paid-up capital of S2. Its directors are Wee Ee C'heong and Cin Hiang
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      • Article
        Summa cuts Keppel Finance stake
        35 3 SUMMA Investments has disposed of 3.5 million shares in Keppel Finance at Si.9o each, on April 5 and April 8. It still holds 9.95 million shares, registered under hank nominees.
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      • Article
        Stake in Material Handling up
        58 3 MATERIAL Handling Engineering's substantial shareholder, Kawahara Mfg Co Ltd. has increased its stake in the company by 3.64 per cent, with the acquisition of one million shares at between 97 cents and 98 cents on April 9. With the purchase. Kawahara now has 2.56 million
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      • Article
        Purchase of Inter-Roller shares
        28 3 INTER-ROLLER Engineering's director Lim Yong Wah has bought I0.(XX) shares in the company on April 9 at between 88.5 cents and 88 cents each.
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      • Article
        FE Bank sells UOL warrants
        35 3 FAR EASTERN Bank has sold 29.000 units of UOL warrants at 50.68 cents each. The transaetion. which took place on April 5. leaves the bank with 2.42 million UOL warrants.
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      • Article
        Foreign holdings in UOB group
        83 3 UNITED Overseas Bank said that as of March 31, foreign investors owned 38.64 per cent of its shares and 28.77 per cent of its warrants 1989/1994. Subsidiary Industrial Commercial Bank said foreign investors have interest in 0.70 per cent of its shares and 1.62 per
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      • Article
        KL broking firms hold talks
        74 3 THE FIVE stockbroking companies which have yet to meet the capital adequacy guidelines of the Kuala Lumpur Stock Exchange are having intensive discussions with interested parties in order to do so. informed sources in Kuala Lumpur said yesterday. The companies, which were tight-lipped about the
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      152 3 The alternative. J l ANA HOTEL SINGAPORE I. i" iliM loj i 1 ■< 'I I it"" k. -..nr I.j. I.!. 1.,. i.i, x w \HM\«s jim" i.i FOR THE WORLD'S MOST TREASURED WATCHES CORUM Cortina Watch Centre houses some of the worlds most fashionable and exquisite watches. I O
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Daiei buys Maruetsu shares in takeover bid
        73 4 DAIEI INC, Japan's largest supermarket chain, said on Wednesday it has become the largest shareholder in its affiliate, Maruetsu Inc, after acquiring an additional 28. million shares in the firm for 58.91 billion yen (SS74I million). Daiei President Isao Nakauchi said the open
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      • Article
        Packer quits Muswellbrook
        35 4 DIVERSIFIED mining company Muswellbrook Energy and Minerals Ltd said Australian entrepreneur Kerry Packer has resigned as a director. The company said Mr Packer resigned on April 8 but it gave no reasons.
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      • Article
        Cheaper DAT decks by Pioneer
        96 4 PIONEER ELECTRONIC CORP said it will launch a cheaper digital audio tape-recorder (DAT) deck with Serial Copy Management Systems (SCMS) in Japan in May. The D-50 model, which Pioneer says is cheaper than any DAT deck currently available, will be priced at 85.000 yen. The
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      • Article
        Paladin plans domicile change
        54 4 HONGKONG investment holding company Paladin Ltd proposed a domicile change from Bermuda to the Cayman Islands, the company said in a statement. It approved by shareholders, the proposal will result in Paladin becoming a wholly owned subsidiary of a new holding company incorporated in the Cayman
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      • Article
        Japanese firms in Indon venture
        108 4 JAPAN'S C Itoh and Co Ltd said on Wednesday it planned to form a fish-canning venture in Indonesia with a Japanese canned-food manufacturer and Indonesia's biggest exporter of coffee and tapioca. The new company, PT Aneka Tuna Indonesia, will be capitalised at US$B million (S$
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    • Article
      Lock icon Jardine Fleming launches Japanese warrants fund
      201 4 Reuter JARDINE Fleming Unit Trusts Ltd has launched an open-ended Japanese warrants fund, with a minimum subscription of US$l,OOO (S$ 1,760). Director Dudley Howard said in Hongkong yesterday that the JF Japan Warrants Trust was offered from yesterday through April 19 at a fixed
      Reuter  -  201 words
    • Article
      Lock icon Hostile takeover bids still taboo in Japan
      469 4 Acquisitions usually made on a friendly basis Reuter TAKEOVER bids are surfacing in Japan after a recent legal change, but merger and acquisition experts say the era of US-style hostile bids is yet to come. "People are becoming aware of takeover bids as
      Reuter  -  469 words
    • Article, Illustration
      THAI to list Bt3b of its capital on stock exchange
      333 4 THE chairman of Thai Airways International said the airline will list Bt3 billion (SS2O4 million) of its recapitalisation on the stock exchange as part of its privatisation, instead of an initial Btl billion as suggested by the Finance Ministry in
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    • Article
      Thai exchange suspects NEP of further share manipulation
      211 4 A PRELIMINARY investigation has indicated that NEP Realty and Industry Co, which is listed on the Stock Exchange of Thailand, might be involved in further share manipulation. In the middle of last year, the SET also probed irregularities in NEP stock and
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    • Article
      Lock icon San Miguel plans convertible debt issue
      212 4 AFP PHILIPPINE beer giant San Miguel Corp (SMC) is planning to issue convertible debt paper to raise funds because of high domestic interest rates. Under the plan, still untried in the Philippines, holders of three-year debt instruments would have the option to convert them
      AFP  -  212 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      26 4 <'omplete accessories from cufT links lo wallets. i i ft Wl iiifm jm vCi \flj It's an ordinaiy day today. »j| to La moda per I'uomo
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    • Advertisement
      Page 4 Advertisements Column 2
      123 4 [BUSINESS TIMES TELEPHONE: 730-5771/ 5772/5773 FAX: 734-4982 SfNMW) BCWK invites suitably qualified candidates for the following position: FX DEALER Reporting to the Chief Dealer, the incumbent will be an important member of our Treasury team. Prerequisites: Minimum CCE 'A' level or University degree Proven record of at least 3 years
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Gulf War sends takeovers and mergers into a tailspin
      778 5 Worldwide recession makes deal-makers more cautious NYT THE economies in the United States and Britain were slumping, Saddam Hussein had invaded Kuwait and President George Bush was building an international coalition to oppose the Iraqi leader. But the business of buying
      NYT  -  778 words
    • Article
      Lock icon Nintendo to pay US$25m in rebates to games buyers
      385 5 NYT NINTENDO, the maker of popular video games, has agreed to pay up to US$25 $5543.9 million) million in rebates to buyers of its electronic games and $4.75 million in other costs to settle allegations of price fixing. The action follows
      NYT  -  385 words
    • Article
      Lock icon Pathe chief said to have traded shares prematurely
      202 5 AP THE president of Pathe Communications Corp allegedly completed a US$l.4 billion (552.46 billion) buyout of MGM-UA with shares from the troubled studio he didn't yet own, a newspaper reported on Wednesday. Italian financier Giancarlo Parretti traded 10 million shares of MGM-UA
      AP  -  202 words
    • Article
      Lock icon Czechs hope VW-Skoda deal will attract investors
      500 5 Reuter OFFICIALS in Prague hope that a US$6 billion (S$ 10.6 billion) deal between carmaker Skoda and German motor group Volkswagen AG, the biggest in Czechoslovakia since the fall of communism, will open the floodgates to much-needed foreign investment. "Foreign capital and know-how
      Reuter  -  500 words
    • Article
      Lock icon Ajinomoto to buy 75pc stake in UK's Forum
      179 5 Reuter AJINOMOTO Co Inc, Japan's largest integrated food processor, has agreed to buy a 75 per cent stake in Forum (Holdings) Ltd from Finnish food company Cultor Ltd. An Ajinomoto spokesman would not disclose the value of the purchase, but industry sources
      Reuter  -  179 words
    • Article
      Lock icon Aegis subsidiary faces US$308m suit
      243 5 FT A US$3OB million law suit has been filed in a New York court against Aegis, the UK media buying group formed last year out of the WCRS Advertising Agency. It alleges that Pascoe Nally International (PNI), its sports marketing subsidiary, defrauded a US company
      FT  -  243 words
    • COMPANY BRIEFS
      • Article
        Digital to be latest super-computer firm
        106 5 THE world's number two computer group, Digital Equipment, is about to become the world's largest computer manufacturer in the super-computer business, company sources said on Wednesday. Super-computers are the massive num-bers-crunchers favoured for major scientific and research projects and comprise a market which, until
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      • Article
        Ciba-Geigy to buy Sclavo SpA
        118 5 CIBA-GEIGY Ltd and Chiron Corp said Ciba-Geigy has reached an agreement in principle to acquire a majority interest in the vaccine business of Sclavo SpA of Italy. Chiron said it expects that its initial equity investment could be US$25 million to US$3O million in cash.
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      • Article
        Gold Fields profits drop
        109 5 GOLD FIELDS of South Africa posted a 7.5 per cent drop in after-tax profits for the first quarter of this year from the last quarter of 1990, according to quarterly results received on Wednesday. Profit from the group's seven gold mines for the March quarter was
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      • Article
        Next's losses spiral
        141 5 TROUBLED clothes retailer Next pic on Wednesday announced a massive £222.8 million (Ss7o2 million) loss for last year after write-offs against the sale of mail-order business Grattan, its stake in satellite network BSKYB and property losses. The loss compared with a profit after tax and exceptional items
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      114 5 ■MBH 711 I COLOUR PRINTS, DURATRANS, DISPLAY tfglb TRANSPARENCIES k I ''*F •CIBACHROME EKTACHROME FUJICHROME V M PROCESSING (ES) ftM SLIDE DUPLICATING 1> t 1T OVERHEAD PROJECTION FILM JfIHHHT I METALLIC GLOSSY PRINTS fe V M•B w PRINTS f :M RECOPYING OF PHOTOS .M SUPER IMPOSE SPECIAL EFFECTS FOR MRT
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      Page 5 Advertisements Column 2
      232 5 WALK ALL OVER THE COMPETITION. Trample, stomp and grind them into For more than 25 years we've the green. With a pair of Stylo shoes on been producing England's finest quality, your feet, you can forget all about mercy. hand crafted golf shoes. Our 100% waterJust ask Nick Faldo. Wearing
      232 words
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  • FINANCIAL NEWS
    • SMALLCHANGE
      • Article
        Accounting for foreign currency deals
        60 6 HVE-LECTURE course on Foreign Currency Transactions and translations: Trading and Accounting Aspects will begin on April 18 at Motel Equatorial. Organised b\ the National University of Singapore Department of Extramural Studies, it is intended to equip participants with sufficient and comprehensive knowledge of techniques, principles
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      • Article
        Sunkyong to issue notes
        94 6 SOUTH KOREA'S Sunkyong Industries Ltd, a subsidiary of the Sungkvong Group, will issue US$5O million worth ot floating rate notes (FRNs) in London, company officials said. The seven-year FRNs will carry an annual interest rale of 0.375 percentage point over the London Interbank Offered Rate. A
        94 words
      • Article
        Lazard in Polish venture
        75 6 INVESTMENT BANK Lazard Freres and Co of Paris. New York and London and Polish Bank Handlowy w War/awie have announced a joint venture aimed at helping Poland privatise its economy and attract foreign investors. Lazard manager Jean-Pierre Saltiel said the joint venture would seek to stimulate
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      • Article
        Commerzbank profit up 18pc
        90 6 GERMANY'S third-largest commercial bank Commerzbank has announced it posted record results in 1990, increasing overall operating profits by 18.1 per cent from the previous year. Chairman Walter Seipp said that both the parent company as well as the Commerzbank group reported satisfactory 1990 results despite costly
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    • Article
      Financial houses in M'sia face shining prospects
      438 6  -  By Magdalene Ng MALAYSIA holds plenty of favourable prospects for foreign financial institutions in the coming years, as a result of the country's recent move to develop its financial services sector and improve the investment climate. DBS Bank's economics research department put forward
      438 words
    • Article
      Lock icon SEC to consider proposals to combat penny stock fraud
      372 6 Reuter THE US Securities and Exchange Commission was to consider yesterday several proposals requiring penny stockbrokers and dealers in the US to obtain more data about the securities they sell and disclose it to investors. The proposals are part of the
      Reuter  -  372 words
    • Article
      NZI Bank may be put up for sale
      587 6  -  From Selwyn Parker in AUCKLAND NZI BANK, the New Zea-land-based institution which imperilled its parent NZI Corporation, may be put on the block two years after managing to stem serious losses. However, the bank's executive chairman, Jim Macaulay, has refused to say
      587 words
    • Article
      Lock icon Lenders overrate NZ state firms
      284 6 Reuter SOME CREDITORS are lending money to New Zealand's state-owned enterprises (SOEs) in the erroneous belief that the government will bail the companies out if they collapsed, says the country's StateOwned Enterprises Minister. "This belief seems to have been reflected in some rates and ratings.
      Reuter  -  284 words
    • Article
      Lock icon Probe on insider trading of junk bonds
      250 6 Reuter THE US Securities and Exchange Commission is reviewing possible insider trading activity in the junk bond market. "The staff of the Division of Enforcement is examining trading activity in certain issues of junk bonds or 'highyield debt'," SEC chairman Breeden wrote in
      Reuter  -  250 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      60 6 i& L j i<i'^rfMßßiirw Samsonite has a great offer that will come in handy. Buy one of our sleek, modern looking Focus attaches at a 20% discount and get a FREE business portfolio as well. Hurry while stocks last! Available at department stores and luggage shops. O Samsonite (hir Strengths
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      Page 6 Advertisements Column 2
      102 6 For Sale By Tender GB Building, Singapore j *143 Cecil Street in the heart of the Central Business District of Singapore Quality office accommodation within a 29-level tower, which includes 3 basement levels of 105 car parking llpP* 3 minutes and 10 minutes walk from Tanjong Pagar and Raffles Place
      102 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Value of M'sian property transactions rises 47pc
      810 7 institutional facilities. Bernama THE Malaysian property market, which has been growing from strength to strength since 1988, registered a 46.9 per cent growth in terms of transaction value to M 516.6 billion (S$ 10.6 billion) in 1990 compared with M 511.3 billion in
      810 words
    • Article
      Lock icon Asia overtaking Australia in income, says minister
      214 7 Reuter AUSTRALIA faces being outstripped in per capita income by booming Asian economies, a government minister has warned. "We have to recognise the phenomenon of what I call the middle-classing of Asia," Industry and Technology Minister John Button said in a speech outlining
      Reuter  -  214 words
    • Article
      Lock icon Japanese protest puzzles Thai sugar exporters
      253 7 Reuter THAI sugar exporters said they are puzzled by the timing of a protest by Japanese trade houses over sugar shipments that are short of contracted amounts, a problem they said is long known in the industry. However, sugar trade sources speculated that Japanese
      Reuter  -  253 words
    • Article
      Lock icon US comes down hard on Thai software pirates
      378 7 Reuter US COMPUTER software firms are on the offensive against Thai copyright violators after many frustrating years of trying to stop rampant piracy in Thailand. Ruthorn Nophakhun. a lawyer representing the Business Software Alliance (BSA), said the seven-member US group plans to
      Reuter  -  378 words
    • NOTE BOOK
      • Article
        Manila faces threat of US, NZ trade sanctions
        69 7 THE US and New Zealand have warned the Philippines it may face trade sanctions due to a 9 per cent levy imposed on imports, the Trade Department said yesterday. The two countries complained that the levy was in violation of the General
        69 words
      • Article
        Viet property for foreigners
        59 7 FOREIGNERS will be allowed to own and trade in Vietnamese property starting July 1 under a decree adopted by the state council, the official press reported on Wednesday. The report said foreign individuals and organisations as well as Vietnamese living overseas would be permitted to trade
        59 words
      • Article
        US$825m for US bases
        67 7 FOREIGN Secretary Raul Manglapus insisted yesterday on the Philippine otTer of US$B25 million (SSI.S billion) annual compensation for a seven-year extension of US bases in this country. Mr Manglapus. head of the Philippine panel in the ongoing talks on the fate of US bases in this
        67 words
      • Article
        NZ concern over US forces cut
        95 7 NEW ZEALAND is worried the US may cut its forces in Asia at a time when some Asian nations could get hold of fnghteningly destructive weapons. Foreign Affairs Minister Don McKinnon said on Thursday. Mr McKinnon said he was pleased to see a reduction
        95 words
      • Article
        Bolger:no economic U-turn
        56 7 NEW ZEALAND Prime Minister Jim Bolger yesterday ruled out an economic U-tum despite criticism from within his National Party that hardline policies are pushing the country deeper into recession. Almost all members of the National caucus had stood by his plans to tackle a big budget deficit
        56 words
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      35 7 v.- I litfyjfii t/'n ttr-f, f, M B Another Italian that sits well. T*m&-Sss? a* e 4aN C.P. COMPANY BOUTIQUE TANGS STUDIO (LEVEL 1) SCOTTS SHOPPING CENTRE. SINGAPORE 0922. SOLE AGENT FIEIDSTONE TRADING PTE LTD
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Soviet economy near collapse
      424 8 Moscow hit by republics' refusal to fulfil financial commitments Reuter THE SOVIET ECONOMY is poised for total collapse after several republics withheld funds from the central government, says a senior finance official. Alexander Orlov, deputy chairman of Parliament's committee on planning and finance, said on Wednesday
      Reuter  -  424 words
    • Article
      Lock icon UK indicators point to mid-year recovery
      569 8 Reuter THERE is no doubt the British economy is still in the grip of a deep recession, but analysts say the end is in sight and Chancellor Norman Lamont's forecast of a midyear recovery may not be too wide of the mark. Economists said
      Reuter  -  569 words
    • Article
      Lock icon German jitters over wage agreement in Hesse
      397 8 Reuter A 7 PER CENT wage increase for 17,000 building industry workers in the state of Hesse has set warning bells ringing in inflation-conscious Germany. Economists say the rise, likely to set the tone for the construction industry as a whole, could be
      Reuter  -  397 words
    • Article
      Lock icon Treuhand urged to do more to woo foreign investment
      351 8 Reuter THE TREUHAND agency privatising and rescuing state-owned east German companies should do more to stimulate foreign investment, says a top official in the Bonn Economics Ministry. Germany needed to allay fears among its allies that leading west German compaI nics
      Reuter  -  351 words
    • Article, Illustration
      Lock icon Call to deal with capital gap
      693 9 Global financial bodies must take initiative, says Japan AFP WORLD financial institutions must deal with the international shortage of capital created by the huge gap between savings and demand for funds, says a Japanese Finance Ministry spokesman. Japan, a wealthy country endowed with surpluses,
      AFP  -  693 words
    • WORLD WATCH
      • Article
        Tokyo budget passed despite opposition move
        65 9 JAPAN'S 70.35-trillion-ycn (*****.5 billion) budget for the year ending March 31, 1992. became law yesterday in spite of a rejection by the Upper House of Parliament. The opposi-tion-controlled House of Councillors turned down the budget, but it took cffect under the constitutional priority given
        65 words
      • Article
        Boost from supercomputer plan
        87 9 A US GOVERNMENT-FINANCED study says that a pro posed US$l.9 billion (553.3 billion) federal programme to develop improvements in supercomputers will generate more than US$lO billion in revenue for the US computer industry by the end of the decade. The report on the fastest computers, released
        87 words
      • Article
        Reds refuse to take sides
        74 9 CONSERVATIVE HOPES of toppling France's minority Socialist government were thwarted on Wednesday when the Communist Party refused to take sides in a no-confidcnce motion, the 1 Ith in three years. In a statement in Paris before the vote yesterday, the Communists said they would not
        74 words
      • Article
        Blow to Andreotti's plans
        71 9 SOCIALIST ALLIES of caretaker Prime Minister Ciiulio Andrcotti dealt a blow on Wednesday to his efforts to form a new coalition Cabinet in Italy by rejecting a key proposal on constitutional reform. At a meeting of leaders of the coalition parties. Socialist chief Bettino Craxi refused
        71 words
    • Article
      Lock icon World Bank urges EC to open market to E Europe
      375 9 Reuter A SENIOR World Bank official warned of limits to what the bank can do on its own to aid Eastern Europe and urged the European Community to open its borders to more goods from the region or face a
      Reuter  -  375 words
  • Page 8 Advertisements
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      69 8 CONGRATULATIONS NUS! ?rifcon,**- 1 gcoKgSfi 1 ingapore ioKentß'^| u a Singap 016 1 VhM> cr m (.he*. „vc»»« nuinft rHesi«^ c,,1!,< ~o t ihc*c vou l" v yr )V ni.iKV. I I 1 W Iter#* 1 J PROTEON NETWORKS PTE. LTD. DfOlCOf)' 360 Orchard Road #06-04 International Building Vrrlno In
      69 words
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  • Page 9 Advertisements
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      129 9 @FAR EAST LEVIINCSTON SHIPBUILDIIMC LTD FELS (Incorporated in the Republic of Singapore) To: ALL WARRANTHOLDERS OF US$BO,OOO,OOO 1.25 PER CENT UNSECURED BONDS DUE 1994 WITH WARRANTS ATTACHED. SUSPENSION OF SUBSCRIPTION RIGHTS NOTICE IS HEREBY GIVEN that the Register of Warrantholders will be closed during the penod 7 May 1991 to
      129 words
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      Page 9 Advertisements Column 2
      53 9 ifl E li Hk Ik v n I opt. KB EIPOK4RS pte LTD 600 motors General Motors Overseas <'iK|KwHd S'|M».<OJlb <)<> 1 Bukit Twrvah Rd #01-00. BACKED BY THE WORLDWIDE Distribution Corporation Singapore. T«>| S'[k»m «> 1 *»8 Tel 4f>B 0888 RESOURCES OF GENERAL MOTORS IS Rerioi S«»( tor. Jurontj
      53 words
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  • Article
    Hard bargaining lies ahead
    517 10 EDITORIAL BRITISH Foreign Secretary Douglas Hurd's recent six-day visit to China has raised a lot of heat and dust about the fate of Hongkong's huge US$lO billion port and airport development project. Analysts have interpreted Mr Hurd's apparent failure to secure Chinese government approval for the
    517 words
  • WHAT THE OTHERS SAY
    • Article
      Health care report-card
      205 10 THE many questions from MPs in Parliament and letters to the press reflect widespread fears that the health care situation may be deteriorating. These concerns have to be addressed if they are not to become a major political issue. Without a doubt the main concern is rising
      205 words
    • Article
      Succession question
      141 10 IN A recent interview with Time Magazine, President Suharto made it clear that it is not for him to decide whether to run again for president in 1993. Rather, he is leaving the option open to Indonesians and their democratic political system. The guessing game may pose difficulties
      141 words
    • Article
      Exchange of students
      135 10 WITH so many Taiwanese students coming here soon to learn English, it is natural to ask whether Singapore can also send a big contingent of students to Taiwan for a short-term course in Mandarin. Or whether such an exchange can be made an annual event. A common
      135 words
  • REGIONAL VIEWPOINTS
    • Article
      Heeding their cries
      131 10 LIKE any other business, trading in wildlife thrives on the fundamental theory of supply and demand: so long as there is a demand for the animals there will always be a supply from traders, no matter how risky or difficult it becomes to trap the wildlife or
      131 words
    • Article
      Some distance needed
      177 10 IT IS true that the property and construction sector is a vital cog in the economy, that its well-being bodes well for all the other sectors. The government also recognises that housing is more than just an economic activity, that it is social need that it can
      177 words
    • Article
      A stronger resolve
      212 10 DOUGLAS HURD may have disheartened some when he predicted difficult times ahead for Hongkong even as he praised the resilience of local people. The reality he portrayed is sobering to behold but is one that Hongkong has always been, is and will be, ready to face. The
      212 words
  • Article, Illustration
    Lock icon Tough cutting the apron strings
    865 10  -  The Soviet republics want economic freedom. But, at a time when the country's economic decline is deepening, inflation surging, and foreign debt remains unserviceable, can they cut it alone without Moscow? Patricia Kranz and Julie Corwin report Patricia Kranz, Julie Corwin US News and World
    US News and World Report  -  865 words
  • Page 10 Advertisements
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      189 10 t JOIN US IN THE REINVESTMENT RACE CONTEST. WE'LL GIVE YOU $100,000 TO START THEBALI ROILING. Yes. The race is on. To pit your money-making skills and instincts against other financially-minded Business Times readers. You will be required to play the market with a $100,000 capital base. The rule of
      189 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      111 10 DOONESBURY BY GARRY TRUDEAU 30ME0NE IN THE FAMIVY CAUW THE PAWSE*'PHYSICIAN PHONEP THE WIFE OF AN AGENT RECAUEP f NANCY 70 ASK IF SHe COULPCONIPJ NANCY TO SAY HER PARENTS NEEDEP TRYING TO GIVE HER A REPORT ON GOULPWU gumsouecoutvafYAH&psne a nupse for weekends nancy varxm nursing homes.butnanh hold the
      111 words
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  • ANALYSIS
    • Article
      Lock icon Banking on someone else to take care of details
      1007 11 America's financial firms are being invited to let technology companies run their back offices. Might these companies end up running the front office too? The Economist THERE is not a bank or securities house in America that is not considering outsourcing
      The Economist  -  1,007 words
    • Article, Illustration
      Opportunity knocks
      1193 11  -  Sarawak offers attractive and comprehensive facilities and incentives for the investor. Abdul Hadhi, who accompanied an ASME mission to the state recently, reports on the team's findings Abdul Hadhi IN THE race by Malaysian states to attract Singapore investors, Sarawak may just have edged ahead of its rivals
      1,193 words
    • Article
      Lock icon Oh no, please don't set us free
      591 11  -  Howard French reports on a change of mind in the Caribbean Howard French NYT IN 1986, the small, scrubby island of Aruba just off the coast of Venezuela broke away from an association of selfadministered Dutch Caribbean possessions and confidently set out on
      NYT  -  591 words
  • Page 11 Advertisements
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      267 11 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of the Company will be held at 65 Chulia Street #19-00, Conference Room, OCBC Centre, Singapore 0104 on Monday. 6 May 1991 at 12.00 noon for the purpose
      267 words
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  • FOCUS
    • Article, Illustration
      Lock icon German economy judders as union pangs grow
      939 12  -  Richard Smith offers an update of the west German economy as it struggles to absorb its new citizens Richard Smith IHT WEST GERMANY'S economy has been such a sleek and steady juggernaut for the last decade that many experts doubted that even reunification
      IHT; Source: B, Datastream  -  939 words
    • Article, Illustration
      Lock icon Privatising agency draws its first blood
      552 12 IHT THE Treuhandanstalt, the agency charged with privatising nearly half the land and virtually all of the industry of former East Germany, is crossing a painful threshold following last week's assassination of its director, Detlev Rohwedder. Its task, though hardly easy for Mr Rohwedder
      IHT  -  552 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      490 12 Special deliveries r r r r rj~ r from k:;: SAMSUNG Samsung is continuing to deliver high quality and service in electronics. 1 Speed is essential Samsung s dual port VRAMs. equipped with RAM and SAM deliver at speeds of 100ns (RAM) and 25ns (SAM) Samsung VRAMs provide high quality
      490 words
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  • Page 13 Advertisements
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      215 13 M IM| |9 jh J Br /prof•»»«>"•> A;• SOLE AGENT SERVICE CENTRE: W IL L I. TIM I. SINGAPORE PTE ITD 435 Orchard Road #12 01 Wisma Atria, Singapore 0923. Tel *****1 1 Authorised Dealers All Watches Leather Pte Ltd Tel *****73 Asia Watch Centre Pte Ltd Tel *****08 C
      215 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        Manchester United closer to Cup final
        137 14 MANCHESTER UNITED is halfway towards the European Cup Winners' Cup final after beating Legia Warsaw 3-1 in the first leg of their semi-final in Warsaw on Wednesday. United came back from a goal down to win but was helped when Polish defender Marek Jozwiak
        137 words
      • Article
        Court hearing set for Lewis
        60 14 A HOUSTON JUDGE on Wednesday set a May 20 court date for US Olympic gold medallist Carl Lewis on drunken driving charges. The athlete failed to show as scheduled the day before because of a miscommunication with his lawyer. Lewis, who won six Olympic gold
        60 words
      • Article
        Whitbread denies quit rumours
        60 14 FORMER world javelin record-holder Fatima Whitbread has quashed rumours that she is ready to quit by setting her sights on a July comeback. The 30-year-old Briton, plagued by shoulder problems recently, said in London on Wednesday that she wanted to wrap up her outstanding career with
        60 words
      • Article
        Good start on clay for Becker
        76 14 BORIS BECKER, preparing for next month's French Open and playing in his first clay-court match of the season, defeated Jean-Philippe Fleurian 7-5, 6-1 on Wednesday in the Conde de Godo tournament in Barcelona. His next opponent will be Spain's Seigi Bruguera, who defeated Carl
        76 words
      • Article
        Injured Stewart pulls out
        91 14 PAYNE STEWART, the top-ranked American player, withdrew from the Masters tournament in Augusta, Georgia, on Wednesday after playing nine holes of practice. Stewart, who has not played in seven weeks because of a herniated disk in his upper back, struggled to a 42 and decided that
        91 words
      • Article
        Gascoigne on comeback trail
        95 14 PAUL GASCOIGNE, Tottenham's England midfield inspiration, completed an astonishing comeback from a double hernia operation in its 2-1 defeat at Norwich on Wednesday to book his place in Sunday's FA Cup semi-final with Arsenal. Gascoigne, who was in hospital 30 days earlier, played for more than
        95 words
    • Article, Illustration
      Teaching golfers a thing or two
      840 14  -  Cassandra How catches up with a pro-turned-teacher who is in Singapore for Golf Asia '91 Cassandra How WHEN Shelby Futch retired from serious competition, he left people wondering whether it was because he couldn't win any majors. Or whether he was finished as a
      840 words
    • Article, Illustration
      International golf show opens
      119 14 THE first international golf show in Singapore Golf Asia '91 was opened yesterday by Zulkifli Mohammed, Political Secretary to the Ministry of Community Development and Member of Parliament for Eunos GRC, at the World Trade Centre Halls 3 and 5. The exhibition, the first of its
      119 words
    • Article, Illustration
      Lock icon Revitalised veterans ready to give Faldo a run for his money
      590 15 THE US MASTERS Reuter TOM WATSON, Seve BalIcstcros and Jack Nicklaus with due respect to two-time defending champion Nick Faldo all believe they are ready for a return to glory at the Masters. Augusta National, with its large, quick,
      Reuter  -  590 words
    • Article, Illustration
      Lock icon Olazabal has good chance of dethroning Faldo
      380 15 AFP ONE of the players thought to have a good chance of dethroning Nick Faldo at the Masters in Augusta this week is Jose Maria Olazabal, who at the age of 25 is already a budding superstar. Fellow Spaniard Seve Ballesteros has called
      AFP  -  380 words
    • Article
      Lock icon Graf unleashes tried and tested forehand
      291 15 AP STEFFI GRAF is counting on an old friend her forehand to help her regain the world's No. 1 ranking in women's tennis. The top seed in the Bausch and Lomb Championships breezed into the quarterfinals in Amelia Island, Florida, on Wednesday with a
      AP  -  291 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      240 14 Global Fund Management '91 (GFM) will showcase the latest mam"tn*!"9i innovations and state-of-the-art technologies in banking and financial services, systems and equipment. a—l Caafanan wd ExUMm Banking Computers and Services Investment Advisers m GfcM had Banking and Financial Services Office Systems Banking Software On-line Systems 10 -12 April 1991 Communication
      240 words
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      Page 14 Advertisements Column 2
      14 14 f i n. m jf. v. in. The l T nfa i r Advantage.
      14 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      131 15 TVjr*> WHAT turn *WA GOES? I 7 Ip Will Soviet President Mikhail Gorbachev wind up the ironic victim of his own reforms? Is Boris Yeltsin f powerful enough to take his place? And what are the implications for East/West relations if Gorbachev really j|jfi does relinquish power? a| j 1
      131 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      191 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 5.00 PM. HAPPY HOUR& DJ MUSIC: 5.00 PM TO 8.30 PM. BAND PERFORMS FROM 9.00 PM TO 2.00 AM. mt ING
      191 words
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      Page 16 Advertisements Column 2
      227 16 A ©V SCOTTS LOUNGE jLJU Retreat into a world of classical charm Create traditions. Indulge in Knglish tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist Experience Hyatt Regency Singapore s' new Scotts Lounge. u Myall Rctemcy Singaporelo-12 S*.-»itts Riwi at 0922 Td "33 HUM
      227 words
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      Page 16 Advertisements Column 3
      311 16 club^ Arc you lonesome. toniglit|p Well, if you're at Club 5, it's unlikely you'd have the chance to feel that way. Don't be surprised if you find yourself spending all your nights at Club 5. PLAZA HOTEL And why not? em* mmi t\ll That's SpiceH'Mice... Thai Style at the Cafe
      311 words
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      Page 16 Advertisements Column 4
      281 16 Scandinavian Buffet Lunch Noon 2.30 pm B Adult: $36++ 2®^^! Child below 10: $18 We serve the world to you at The Belvedere. <r (rfwgtyK'r' 111 Orchard Road, 9n«ipore 0923 Tel 7)***** nWwQ^gpKi I (Jj f\ Happy Hours: I %sf I spm to Bpm (Mon Sun) 1 <4 H buy
      281 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      681 16 TELEVISION AND RADIO SlhnwHnwn in TTSSR? ***** BUSmESSONRAMO OIIUWUUWII 111 kjkjlv 7.00 AM CNN International (LI. 10.15 Holiday Night Movie BBC, (9.9 mHI i» VHF Band II 8.30 Close. Gotcha! (See Our Choice). JjJ W«ndJTS" 7.10 am, 9.25 am, 1.30pm, 6.30 PM CNN Intoniatioiial (L). 12.0S AM dose. 10.40 FinaWortd
      681 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Karaoke gets more intimate
      752 17  -  Imagine crooning your favourite love ballads to your beloved with the dulcet tones of Frank Sinatra, in the privacy of a small sound studio. Dream no more, says Irene Kunii Irene Kunii Reuter RYUICHI Murata swaggers up to the microphone, pushes a button and begins to
      Reuter  -  752 words
    • Article, Illustration
      Lock icon Hopes pinned on Miss Saigon
      517 17  -  Just what is all this fuss about the musical. Miss Saigon? Michael Kuchwara says it will set cash registers ringing all around Broadway Michael Kuchwara Michael Kuchwara AP Broadway anxiously awaits Thursday's opening of Miss Saigon, hoping the British blockbuster will lift a lacklustre theatre
      AP  -  517 words
    • Article, Illustration
      National Opera mixes the old and the new
      363 17 CHATTERBOX NEW productions of Die Fiedermaus and The Marriage of Figaro and the world premiere of John Buller's The Bacchae are among the highlights of the English National Opera's 1991-92 season. Artistic director Peter Jonas reaffirmed ENO's commitment to "the aesthetic of
      363 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      206 17 AND ENTERTAIN High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. ANA HOTEL If. NASSIM HILL. SINGAPORE 1C25 TH 7)2 \222. SINGAPORE fiFill your Happy Hours with the gentle strumming
      206 words
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      Page 17 Advertisements Column 2
      104 17 HI: wmA w- &itm ■I NISHIKI /-v RESTAURANT FROM 21 MAR TO 21 MAY w j Set amidst boughs of cherry 1- blossoms is where M you can enjoy authentic Springtime J jk delicacies Skillfully prepared for this delightful season are grilled lobster, salmon roe, ginko II nuts, arkshell and
      104 words
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      Page 17 Advertisements Column 3
      251 17 j The freshest, liveliest seafood place in town. You'll have to go a long way to find seafood any fresher. 12 n on 2.30 pm. I Except Sunday Dinner: 6.30pm 11.00pm. j»« THE SKAFOOI) PLACE LEVEL i THE PAN PACIfIC HOTEL SINGAPORE MARINA SQUARE. 7 KAEFLES BOULEVARD. SINGAPORE OIOJ TEL.
      251 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Index chalks up 10 points but market remains dull
      5047 18  -  By Diana Oon INDIVIDUAL investors and institutions continued to stay away from the market yesterday. Dealers said the Straits Times Industrials Index's gain of 10.81 points to 1,470.97 was more a technical correction after the declines earlier in the week. The
      5,047 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4158 19 Main Board MM I f oreign 1180 30 2 6% DBS 1150 t- 20 1.8% Jurong Eng50* 330 16 (-5.1% IsctanSO 1 730 H5 2.1% kcppcl Corpn 725 +15 2.1% Scmb Shipyard 625 H5 2.5% Metro lildgs 610 H5 2.5% Rolh Inds50* 505 H3 2.6%
    4,158 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      134 20 Company Date Year Group Met Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Hooguch. April Dec 90 $1 093($1 553) 4 3(36) 8(8) H Pla*a Apr 8 Dec 90 $6 933(13 387) 1 7(1 1) 3(3) UOL Apr 8 Dec 90 $40.171 ($23,939) 96(5
      134 words
    • Article
      INTERIM RESULTS
      292 20 Company Date Half-year Croup pre-tax tateriw ann to profit/loss (L) dividend (000) Antah Hldgs Ape 10 Dec 90 M$*****( $14,587) Kump Emas Apr 5 Ian 91 M$5 333(M$7 552) 2(2) Rashid Hussair Apr 2 Nov 90 M$21.004(S10 862) Seal Inc Mar JO Dec 90 M$3 848 ($5,892) -(->
      292 words
    • Article
      PRELIMINARY RESULTS
      731 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend C000) (cents) Magnum Corpn Apr 10 Dec 90 M$100.128($53,365) 41 6(23 7a) 40(89a) Bolton Apr 9 Dec 90 M$10,779($4.004) 75(3.7) 10(5) NBT Apr 5 Dec 90 M$252L($2.221L) 1(1) Alcom Apr 3 Dec 90
      731 words
    • Article
      CORPORATE DEVELOPMENTS
      213 20 Apr 10 IJM Corporation Bhd said it will issue 35m irredeemable convertible unsecured loan stock 1991/96 for the acquisition of 1 5m shares in Maxharta Sdn Bhd, a property development company. Apr 9 The HSBC group further divested 80m Cathay Pacific Airways shares worth HKS6B6 4m (SSI7I 6m)
      213 words
    • Article
      DIVIDENDS ANNOUNCED
      1500 20 Current Ex Books Date Total far Total far payment date close payable tee year last year A ana 5%TE Jun 5 lun 17 Jul 1 10%TE Amtek Enf 6%TE(I) Apr 11 Apr 17 Apr 26 6%TE 12%TE Anno 5%TE Feb 25 Mar 7 May 15 125%TE 25%TE BAT
      1,500 words
    • Article
      APPROVED ISSUES
      293 20 Company Rights Issue Dutop Est Restricted issue of $88 514m nominal value of 10% Convertible Redeemable Unsecured Low Stock (CULS) 1991 '19% issued on the basis of II nominal amount of CULS for every 3 ordinary shares of $1 each held at nominal value Ex-date Apr Books dose
      293 words
    • Article
      BONDS, LOANS & WARRANTS
      860 20 BONDS, LOANS WARRANTS Company Conversion period Conversion ton* far oh mUmmy share tS 5 Before 26/4 93 1 warrant plus $3 09 cash Cam*i Low Causeway Nt 2/10/89 to 20 10 94 1 warrant plus SO 77 cash or 1 warrant plus 50 77 nominal amount of loan stock Quan
      860 words
    • Article
      RECORD HIGHS & LOWS
      187 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 N|h: *****7 (7/3/91) 1»1 *****7 (7/3/91) 1991 low: *****2 (16/1/91) 19®1 tow: 1M908 (16/1/91) 1990 h«h: 1435 43 (16/7/90) 1990 hifh: 1607 12 (27/3/90) 1990 low: 981 07 09 11 90) 1990 low: *****0 (11/10/90) 19(9 h<h. 1322 00 28/12/89)
      187 words
    • Article
      PROPOSED ISSUES
      474 20 Company Rights Issue Mean One for two <0. MJ1 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MJO 10 each at MSI per share with 10m detachable ISR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Barton One for
      474 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      158 20 BANKING, FINANCE AND INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement Is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the
      158 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares gain ground in light trading
      4225 21 Bernama SHARES PRICES in Kuala Lumpur closcd slightly higher in thin trading yesterday after light buying support for blue chips helped to steady the market. The KLSE Composite Index added 3.51 points to 575.79 while the Industrial Index was 7.55 points higher at 1,114.08.
      Bernama  -  4,225 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      810 21 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times IN THE MATTER Of THE COMPANIES ACT CAP 50 AND IN THE MATTER OF GRESHAM INVESTMENT PTE LTD (In Members Voluntary Liquidation) FINAL MEETING NOTICE hereby
      810 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Weak yen depresses Tokyo stocks
      2225 22 Reuter TOKYO STOCKS yesterday finished up after a thin day's trade. The day was largely dull, the 225-share Nikkei average being given psychological support at 26,000, but being discouraged by a weak yen. The market was boosted towards the close by trade related to the
      Reuter  -  2,225 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon HK shares end sharply lower in active trade
      2079 22 AP SHARE PRICES on the Hongkong stock exchange yesterday closed sharply lower in active trading. The Hang Seng Index, the market's key indicator of blue chips, fell 73.69 points, closing at 3,703.93. Turnover amounted to HKSI.S billion, down from Wednesday's $1,602 billion.
      AP  -  2,079 words
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  • REGIONAL STOCK MARKETS
    • Hopes of rates cut lift Aussie shares
      • Article
        SYDNEY
        169 23 HOPES of further interest rate cuts after the release of Australia's highest unemployment figure in seven years pushed stocks to a stronger close yesterday. Brokers said the 1130 AEST announcement that unemployment hit 9.2 per cent in March, from 8.7 per cent in February, caused investors to buy into
        169 words
      • Article
        NEW ZEALAND
        201 23 SUPPORT for Fletcher Challenge, including some from overseas, led the New Zealand share market higher at the close yesterday. Most of the buying support emerged in the afternoon session, after quiet and only slightly firm morning business, brokers said. The weaker NZ dollar over the past few days
        201 words
      • Article
        BANGKOK
        858 23 A RISE by the banking sector drove the Thai stock market up in a day that saw traders move from the finance sector to banks, brokers said. Some bank issues reached their 10 per cent limit highs early on the trade but slid down towards the end. But most
        858 words
      • Article
        JAKARTA
        591 23 PRICES on the Jakarta stock market ended barely changed yesterday, and the index eased 0.29 points to 411.78. Brokers said trading was fairly active, with total turnover of 4.50 million shares, up from Wednesday's 4.44 million. Inco fell 100 rupiah to 4,250 on turnover of 351,500 shares. Indah Kiat
        591 words
      • Article
        SEOUL
        826 23 SEOUL stocks fell for the fifth consecutive day in lethargic trading as falling customer deposits and tight won liquidity hit the market, brokers said. The composite index closed at 641.46, down 4.29 points from Wednesday's close. Trading was very slow with 5.3 million shares changing hands against 8.3 million
        826 words
      • Article
        TAIPEI
        381 23 TAIWAN share prices rose sharply to their highest close since last August 1 as optimism about the economy fuelled buying of industrial stocks, dealers said. The weighted index closed 90.93 points or 1.7 per cent higher at 5,454.61, four points above its close on August 2, when the Gulf
        381 words
      • Article
        MANILA
        97 23 PHILIPPINE shares fell in reaction to bomb attacks by suspected right-wing army rebels. The Manila Stock Exchange Composite Index fell 6.89 points to end at 1,060.79 against Wednesday's close of 1,067.68. The market was bound to fall as commercial and industrial shares were overbought, said Roy Nicolas, an analyst
        97 words
      • Article
        Untitled
        1666 23 love Previous April II SYDNEY All Ordinaries Index 1454 3 1,442.8 11.6 All Industrials Index 2247.0 2.230.5 *-17.3 All Resources Index 847.4 840.0 +7.1 Turnover (million) unav 84 BANGKOK SKT Index 892.78 882 75 +10.03 Turnover (million haht) unav 4,870 JAKARTA Composite Index 411.78 412.07 -0.29 MANILA Composite Index 1,060.79
        1,666 words
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  • WORLD STOCK MARKETS
    • Wall St expecting quick end to recession
      • Article, Illustration
        NEW YORK
        971 24 THE KEY blue chip indicator on the New York Stoek Exchange on Wednesday posted a slight gain at the close of trading, bouncing back from a sharp tall earlier in the day. The Dow Jones Index of 30 leading industrials rose 1.48 points to close at 2,874.50 point,
        971 words
      • Article, Illustration
        LONDON
        874 24 THE FTSE 100 index was a few points higher at the midsession yesterday buoyed by interest in a few selected areas, dealers said. However, generally the market struggled for direction during the morning session in the absence of a solid lead from Wall Street. "We're just killing time now
        874 words
      • Article
        AMSTERDAM
        318 24 DUTCH SHARES on Wednesday closed weaker but below the lows as technical support levels remained unreached despite Wall Street's lower close on Tuesday and an initially lower dollar, dealers said. The CBS General Tendency Index closed 1.4 lower at 95.4, above the low of 95.2 with trading mostly thin.
        318 words
      • Article
        MILAN
        237 24 ITALIAN SHARES on Wednesday closed easier in thin trading, dominated bv technical positioning ahead of today'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
        237 words
      • Article
        BRUSSELS
        183 24 BELGIAN SHARES on Wednesday recovered early losses at the close but the main market indexes fell. "The market started weak and recovered afterwards but it was a very quiet day," said one dealer. Another dealer said investors had turned cautious after Tuesday's losses on Wall Street. The Bel2o index
        183 words
      • Article
        PARIS
        274 24 A SELL-OFF in tyre maker Michelin and Tuesday's drop on Wall Street triggered a wave of profit-taking that pushed French share prices down on Wednesday. The CAC-40 index closed down 29.04 points or 1.57 per cent at 1,816.92, its lowest finish this month. Traders said the uncertain near-term outlook
        274 words
      • Article
        ZURICH
        351 24 SWISS SHARES on Wednesday closed more than one per cent lower as higher Swiss money market rates and Wall Steet's 45-point loss on Tuesday weighed on the market, traders said. The all-share SPI index fell 13.1 points, or 1.21 per cent, to 1,073.9. The SMI index of leading shares
        351 words
      • Article
        FRANKFURT
        292 24 GERMAN shares on Wednesday ended 1.3 per cent lower in thin volume trading, 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
        292 words
      • Article
        VIENNA
        144 24 VIENNA STOCKS on Wednesday closed lower after a medium turnover influenced by weaker performances on Wall Street and Frankfurt, dealers said. The Vienna Bourse Index fell 4.59 points to 580.78. "The bad showings on these two markets also influenced Vienna so that Wednesday's performance went against the upwards trend
        144 words
      • Article
        TORONTO
        297 24 CONTINUED nervousness and confu- sion over the Federal Reserve's diseount rate policy on Wednesday sank Toronto stocks in late trade to close near session lows, dealers said. "We're waiting for direction," said Michael Graham, a vice-president with Midland Walwvn Capital Inc. The market surged during the first quarter on
        297 words
      • Article
        Untitled
        349 24 April 10 (lose Ki*»ious NEW YORK Dow Jones 2.874 50 2.873.02 +1 48 NYSE Financial 150 64 150 68 -0.04 S&P 500 373 15 373.56 -0.41 Turnover (million) 168 169.94 -1.94 LONDON Financial Times 30 1992.2 1.998 -5.8 FTSF 100 2518 8 2.527.2 -8.4 Turnover (million) 504.3 AMSTERDAM CBS Tendency
        349 words
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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
      US dollar firms against the mark before release of economic data
      1188 25 REPORTS THE US DOLLAR yesterday was slightly firmer against the mark in early European trade, although dealers expected activity to remain limited until the US releases key economic data at 1330 GMT. The data March producer prices and retail
      1,188 words
    • Article
      Lock icon Japan issues 2m commemorative gold coins
      384 25 Reuter JAPAN'S Finance Ministry put two million commemorative gold coins on sale on Wednesday, hoping new anticounterfeit precautions will make this issue go better than the last. The coins, with a face value of 100,000 yen (S$ 1,258), mark the start of the reign
      Reuter  -  384 words
    • Article
      Lock icon China to issue bonds in Tokyo
      152 25 AFP THE Chinese Finance Ministry plans to issue yen-denomi-nated government bonds in Tokyo totalling 50 billion yen (Ss63o million) by the end of this year. The Nikon Keizai Shimbun, quoting local financial sources in Hongkong on Wednesday, said Beijing hopes to cover its huge
      AFP  -  152 words
    • Article
      FINANCIAL FUTURES
      1184 25 SIMEX EUKOOOUJm Open High Low Sett Est Vol Op/lnt Vol Jun 91 93 64 9366 93.64 93.65 9500 ***** 5KM Sep 91 93.34 93.36 93.32 93.35 6500 8374 2643 Dec 91 92.84 92.87 92.84 92.87 3000 9038 545 Mar 92 92.62 92.64 92.62 92.63 500 5007 56 Jun
      1,184 words
    • Article
      MONEY MARKET
      400 25 Cross rates Apr 11 US$ SS MS Dm Yen SFr AS NZS USS 1.7615 2.7430 1.6705 136.90 0.5624 1.4250 1.2731 1.6935 SS 0.5677 1.5572 0.9483 0.7772 0.3193 0 8090 0.7227 0.9614 MS 0.3646 64.22 0 6090 0.4991 0.2050 0.5195 0.4641 0.6174 Dm 0.5986 1.0545 1 6420 81.95 0.3366
      400 words
    • Article
      INTERBANK FOREX RATES
      568 25 Interbank rates SS Bid Offer Overnight 4 3/4 4 7/8 1-month 4 9/16 4 11/16 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-1/2 ISS Bid Offw 7 days 5 15/16 6 1/16 1 month 6 6 1/8 2 months 6 6 1/8
      568 words
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  • Article
    PRICES
    1602 26 Rubber P r 11 RAS (fob in bales) S eents/kg Noon < lose Int I KSSITompt 141 25/142 25N 142(XV141 00N Inl I KSS Vlay 41 144 25/144 75 I45.OIVI45.SO I>11 I KSS Jun I4604VI46 50 146 75/147.25 Inl 2 KSS (M* 142 (*1/144 (KIN I42 25/I4425N Inl J
    1,602 words
  • COMMODITIES
    • Article
      Lock icon Brokers invited to trade on electricity futures market
      380 26 FT THE CREATION of the world's first electricity futures market has taken a significant step forward with the newly privatised industry seeking London City help to set up an innovative trading system. Broking houses James Capel and Merrill Lynch, and Midland Montagu,
      FT  -  380 words
    • Article
      Lock icon Brazilian coffee exports up 17pc in first quarter
      311 26 Reuter BRAZIL exported 4.831 million 60-kg bags of coffee in the first three months of 1991, up 17 per cent from 4.125 million bags in the corresponding period last year. The Federation of Brazilian Cot Tee Exporters (Febec) also said coffee export
      Reuter  -  311 words
    • Article
      Selling ahead of holidays pushes tin price down
      834 26 REPORTS THE PRICE of tin shed three sen to M$ 14.79 per kg on the Kuala l.umpur Tin Market yesterday on higher offerings by miners who were selling ahead of the holidays next week. Dealers said the market was in line with
      834 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1448 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 lii lh.- Matter «t Ihe < tini|iani« > VI •>!' \n<t In I In- Hatter »l Kl< 111 KK PTK I 111 (In Voluntary liquidation) MKMBKKS' \MI.I SI VK* MIMIIM. I I' NOTIt-K IS HKUKHY tilV KN. pursuant to Srrlioii ot The t,'omp;»iil«*s Art.
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      Page 26 Advertisements Column 2
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1106 27 City Flight ETA Flight ETD Ma Dhabi GA976 0010 GA890 0150 GA970 2245 Mallldl QF7 1815 AmsMM KL837 1255 SQ24 0100 SQ23 1815 GA890 0150 KL835 1415 KL836 2215 SQ23 1815 SQ24 2200 KL838 2240 AMddMd NZ35 T550 BA11 1255 SQ338 2030 SQ325 2115 BA12 2155
    1,106 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Crossing the seas for love
      511 27  -  POSTCARD FROM NOUMEA By Philippe Perdriau IF LOVE can indeed span the oceans, then it probably makes sense that many Japanese lovers like to cross the Pacific to tie the knot in New Caledonia. For a dozen years, or so. they have been coming to
      511 words
    • Article
      MONEY CHANGER RATES
      155 27 As at 3pm yesterday: IxKal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.375 1.395 Canadian dollar 1.513 1.533 NZ dollar 1.029 1.059 Sterling pound 3.110 3.130 US dollar 1.7570 I.767Q local dollars to 100 units of foreign current) Austrian schilling 14.70 15.70
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      99 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td April 17th International Centra Fundacion El (541 (*****25 \p rl XVI International Buenos Chamber of (541 >6%994 5-22 Book Fair Municipal de Libro 11-26 Furniture Aires Manufacturers Exhibition Expusiciones. Exhibition of Furniture Buenos Aires Expomueble S>I Bacacav
      99 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      39 27 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok. Call *****77 for details. We know Kurope f'nmi skirt to Finnish
      39 words
    • Advertisement
      Page 27 Advertisements Column 2
      41 27 EUROPE'S Destination unknown Home unknown Hopes unknown These are the refugees of Europe, whose plight is not unlike Vietnam's boat people. But for the world's 15 million refugees today, only a handful can truly say they have reached the promised land.
      41 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      286 27 6 "Bless thee. Bottom! bless thee! Thou art (Shake- P I I I I I I speare: A Midsummer 8 Understand dunderhead's ~~pM j I j BM||H 1 road have got running waOver and above a pound' 12 Do wrong with little hesi- I tat ion. right? (3) I I
      286 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      218 27 Singapore Outlook: Showers o»er several areas in the afternoon and earl> evening. Forecast: Maximum temperature 33.0X7 Assoc humidity 68% Minimum temperature 25.5° C Assoc humidity 97% Hours of sunshine 9.65 Rainfall in mm Nil Rainfall this month 30.5 Rainy days this month 4 World forecast Asia-Pacific IH/IjO* (ond. Auckland 17/1(1
      218 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      14 27 Joe>'s DODDLE:. A M ou GCT umtw EVENING STANOARD CO LTO 1»62-1991 6402 I
      14 words
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  • Article, Illustration
    PM urges regional cooperation
    663 28  -  Call to give support to forums and groupings From Alvin Tay in MANILA COUNTRIES in the AsiaPacific and Asean ean achieve much more if they work together, even though many of them could go their own way and still do very well. Prime Minister Goh Chok
    663 words
  • Article
    S'pore may buy HK air time for SBC shows
    97 28 I NK Singapore government is studying the possibility of huving satellite time in Hongkong to broadeast Singapore Broadcasting Corporation programmes for the benefit of Singaporeans living and working there. Prime Minister Goh Chok l ong said yesterday. During a meeting with
    97 words
  • Article
    Opportunities exist in food processing, light industries
    352 28  -  From Yong Pow Ang in HAINAN SINGAPORE investors could well be a mere step behind the Thais in exploiting the tourism potential in Qing Lan Gang, one of the five economic development districts in Hainan. For, there are still opportunities for Singapore businessmen
    352 words
  • Article
    Lock icon World Bank affiliate left out of proposed Shanghai bank
    538 28 Reuter THE state-owned Agricultural Bank of China (ABC) has invited four foreign banks to establish a joint venture bank in Shanghai. But in a surprise move, it has excluded the International Finance Corp, which had played a major role in an
    Reuter  -  538 words
  • Article
    Lock icon Li loses appeal against conviction and jail term
    165 28 AFP lORMK.R Hong Kong Stock hxchange chairman Ronald I.i lost an appeal yesterday against his conviction for graft and a four-year jail term. I he ruling came after a three-day hearing at the British colony's \ppeals Court, which would give its reasons
    AFP  -  165 words
  • Article
    Lock icon Gorbachev may form coalition government
    286 28 NYT SOVIET PRESIDENT Mikhail Gorbachev is now considering forming a coalition government with opposition parties to bring stability to the country. Mr Georgy Shakhnazarov. a close aide to the Soviet president, said yesterday. Mr Shakhnazarov. the key political aide to Mr Gorbachev for the past
    NYT  -  286 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      30 28 Nikon The World's Finest Photographic Systems CARPETS fl wflr m SALE DISCOUNTS; PERSIANS 60% CHINESE WOOL 70% PAKISTAN-60% CHINESE SILK -70% AFGHANS -60% KASHMIR SILK -70% KILIMS -60% TIBETAN -70%
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      Page 28 Advertisements Column 2
      8 28 l ough cutting the apron strings, Pg 10
      8 words
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      Page 28 Advertisements Column 3
      177 28 Nikon The World's Finest Photographic Systems THE LURE OF JAPANESE BUFFET m u t Weekend Buffet Lunch #9 Saturdays, Sundays and Public Holidays will be crMBA7i tpi heart y affairs this A P ril at the Senbazuru as we are extending our popular Weekend Buffet (level 6) Lunch for another
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  • ShippingTimes
    • Article
      NOL needs more ships for Far East-US trade
      459 29  -  By Magdalene Phang NATIONAL CARRIER Neptune Orient Lines (NOL) is looking for four large container ships to charter in a bid to increase its vessel tonnage to North America. This move is in preparation for the impending breakup of the Tri-Partite Agreement
      459 words
    • Article, Illustration
      Air Seychelles going for East Asian markets
      406 29  -  By Rahita Elias AIR SEYCHELLES is going all-out to tap the Japanese, Australasian and Far East tourist markets through a major promotional programme in the third quarter of the year. Mr Conrad Benoiton, its executive chairman, recently told reporters that his national carrier
      406 words
    • Article
      Lock icon Kerkorian gets more time for his TWA buyout plan
      238 29 UPI THE US Transportation Department on Wednesday delayed a final ruling on the sale of Trans World Airlines Inc's London routes to give Los Angeles investor Kirk Kerkorian time to detail a buyout proposal for the troubled airline. The department asked
      UPI  -  238 words
    • Article
      Lock icon Lower profits likely for major Japanese shipping companies
      542 29 Reuter JAPAN'S major shipping companies are likely to report lower profits in the year ended March 31, 1991, compared with the previous year due to higher oil prices and a slower United States economy, shipping analysts in Tokyo said. The major shipping
      Reuter  -  542 words
    • Article
      Lock icon Cargo firms filing false tariffs to pay US govt US$19m
      321 29 AP THE US government agreed on Wednesday to settle with 33 Japanese and two other cargo shippers who will pay just under US$l9 million (5532.3 million) in a crackdown on false tariffs. The action announced by Federal Maritime Commission chairman
      AP  -  321 words
    • Article
      Lock icon Oslo meeting calls for global action to improve safety at sea
      335 29 Reuter GLOBAL ACTION is needed to improve maritime safety. United Nations' International Maritime Organisation (IMO) SecretaryGeneral William O'Neil said on the second and final day of a Safety at Sea conference in Oslo on Wednesday. "I think that unilateral
      Reuter  -  335 words
    • NEWS SUMMARY
      • Article
        Ushering in an age of legal clashes?
        62 29 TWO Bills now before the LIS Congress call for the banishing from US ports of any foreign flag ship which Washington considers has been built or repaired with an unacceptable level of subsidy. These moves by the American shipbuilders" lobby to counter "unfair"
        62 words
      • Article
        Alaska pursues claims against oil group
        56 29 ALASKA will continue to seek civil damages from Alycska Pipeline Service Co for its role in the Exxon I aldez oil spill. Governor Walter Hickel denied an allegation that his proposed US I billion settlement with Exxon Corp would let the Alycska oil consortium
        56 words
      • Article
        Chevron plea to use oil tankers rejected
        60 29 CHEVRON Corp's request for temporary permission to transport oil by tanker from a field off the Californian coast to refineries near Los Angeles has been denied by the California Coastal Commission. This means Chevron must move the oil by overland pipelines if it
        60 words
      • Article
        Boeing to sell de Havilland division
        32 29 BOEING has agreed to sell its unprofitable de Havilland commuter aircraft division in Canada to Aeritalia SPA ot Italy and Aerospatiale SA of France Back Page
        32 words
    • LOG BOOK
      • Article
        NZ seamen begin indefinite strike
        71 30 ?>IEW ZEALAND'S coastal shipping was approaching a standstill on Wednesday after seamen, cooks and stewards began an indefinite strike over failed wage negotiations. Organisations representing manufacturers and exporters warned the strike would have a disastrous impact unless the dispute was resolved quickly. The Seafarers Union
        71 words
      • Article
        Cable & Wireless deal
        48 30 Cable Wireless deal BRITISH telecommunications giant Cable Wireless announced on Tuesday a cooperation agreement with the South Korean group Dacom aimed at providing joint telecommunications services. The two companies will collabolate in setting up "joint objectives for close cooperation" in planning and marketing, a Cable Wireless statement said.
        48 words
      • Article
        Blaze on Crystal Star put out
        35 30 FIREFIGHTERS have extinguished the blaze on the Bahamian refrigerated vessel Crystal Star, Lloyd's Shipping Intelligence Service said on Tuesday. The 8,027 dwt vessel is in Falmouth Bay, southern England.
        35 words
      • Article
        Damaged ships in Sweden
        109 30 I HE TWO Bahamian ships damaged in a collision off Sweden on April 4, the refrigerated Peruvian Reefer and the Atlantic Stream, have been inspected in Swedish ports, l.loyds Shipping Intelligence Service said. The 8,941-dwt Peruvian Reefer, berthed at Helsingborg, was badly holed on the port
        109 words
      • Article
        Ford Motor settles lawsuit
        65 30 FORD MOTOR CO and a Japanese car parts company have settled a lawsuit over the parts maker allegedly selling universal joints in copies of Ford's parts packaging, the car maker said on Tuesday. The settlement involves Naniwa Siemitsu Industries of Tokyo paying Ford US$l.5 million (552.6
        65 words
      • Article
        Volks' new van incurs loss
        61 30 1 HE COMMERCIAL vehicle division ÜBN of carmaker Volkswagen AG (VW) said a new generation of mid-sized vans brought the division a loss in 1990 but raised turnover 1.6 per cent to 4.63 billion marks. ÜBN sales director Manfred von Sack said, however, he expected
        61 words
    • Article
      DAILY FREIGHTS
      922 30 HIE DRY cargo freight market on Wednesday featured a fixture on the key US Gulf to Europe grain run at an easier rate, brokers said. The 75,000 dwt vessel to Rotterdam will carry 3,174,000 cubic ft of grain at a lumpsum U*****,000 loading Apr 24-27, equal to about
      922 words
    • Article, Illustration
      A new era of legal clashes?
      1009 30  -  Unless maritime nations act against moves by American shipbuilders to counter subsidised foreign shipping, the world shipping community could be mired in a morass of legal proceedings, argues Jean-Pierre Dobler Jean-Pierre Dobler The writer was a former general-director of the trench Shipbuilders' Association and
      1,009 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      592 30 Apr 8 Carbon I DmrtyNitcr Residue Ash Alumnum Sedroent DensityWater Residue Ash Atonwum Sedr>eM ?im I E..on 00 KG M*3* V/V M M M M PPM method KG/M*3% V/V M/M M M ISOCmaThrnts Spec E25 ***** 150 010 30* 010* Eastern USA 180 Ave 9820 2
      592 words
    • Article
      THE SHIPPING GUIDE
      11621 38 I his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a
      11,621 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        556 45 Vessel Voy No Berth Vrryal Departue Vessel Voy No Berth Arrival Departwe Keppel Wharves Cora Pcess 019 (P) K29 1104/1800 Huangjinshan 91/2 H33 alongsde 1504/1830 Reutershagen 1 C10 1204/1500 Sefci Nagoya 12 HJ0 alongside 1104/2300 ToKachi M 1A/91 K31 alongside 1204/1500 Valeria 52H K32 alongside 1204/1200 Kamaleverett
        556 words
      • Article
        CONTAINER SCHEDULE
        1408 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record BookingBalance Wh SNp Voy No Etb/Btr Period From To From M Waiba 58 19/1800 2 11/1700 12/0659 12/0900 4 12/1200 12/1459 12/1/00 Anson *****N 12/2330 1 U/1500 11/1659 11/1900 2 11/1700 12/0659 12/0900 As Pothix 141 14/1300 2 11/1700
        1,408 words
      • Article
        IN MALAYSIAN PORTS
        258 45 Penang Port Berth in Butterworth on April 12: 1: Thalassini Axia. 2: Xin Hua 7; 3: Parnassos, 4 nil; 5 Pelopor. 6 Kota Pahlawan Penang Wharf: NB Ctpta Raya: CB: Victory: SB USS Jason BCT: Bl Bunga Kekwa. BH mi; I B: nil VOIP: ml Due on
        258 words
    • Article, Illustration
      Lock icon Alaska pursues damage claims
      349 46 Proposed US$ 1 billion settlement will not get oil group off the legal hook: governor AP ALASKA will continue to seek civil damages from Alyeska Pipeline Service Co for its role in the Exxon Valdez oil spill, even if the proposed settlement of spill litigation with
      AP  -  349 words
    • Article
      Lock icon Agreement on Japanese car imports into EC likely by July
      248 46 AFP THE THORNY PROBLEM of Japanese car imports into the European Community after the implementation of the European single market in 1993 should be completely resolved by July, industrial sources in Brussels said on Wednesday. Seven of the 17 members
      AFP  -  248 words
    • Article
      Lock icon Strike at Daewoo drags on
      201 46 AFP STRIKING workers at South Korea's Daewoo Motors Co failed to narrow differences with management in talks on Wednesday after an overnight clash with riot police. South Korea's second largest car plant, located west of the capital. Seoul, remained idle for the third straight day
      AFP  -  201 words
    • Article
      Lock icon Chevron plea to move oil by tankers rejected
      526 46 NYT CHEVRON Corp has been denied its request for temporary permission to transport oil by tanker from a field ofT the Califomian coast to refineries near Los Angeles. The vote by the California Coastal Commission in Los Angeles on Wednesday means that
      NYT  -  526 words
    • Article
      Lock icon Boeing to sell loss-incurring de Havilland unit
      308 46 NYT BOEING CO has agreed to sell its unprofitable de Havilland commuter aircraft division in Canada to Aeritalia SPA of Italy and Aerospatiale SA of France. De Havilland, which Boeing purchased from the Canadian government in 1986, builds turboprop aircraft with 36 to
      NYT  -  308 words
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      404 29 BSWEE HHG IWTM. CO PIE LTD u TUA3 AVE M SIMOAJKX* MH TELE* R3 208 M SHMCPV TEL: 861 USS <)»»•» mCFAX:MI2M« ft Ft >,an9 *°'i s hj cv I fnfJJtKNImL Toqu* MWMK MMLAWm ComMltar fIUILAMO, IKOOfW-'IA -a«Mt«LPO wmirrwn ConLn« H«WI«« ««X SWI« nil W««howM Trw*« A P— T'UCM Mm
      404 words
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      Page 29 Advertisements Column 2
      26 29 Container Schedule 17 Daily Freights 2 Indei to Advertisers 3 Shipping Guide 10.il Ships Port 17 Singapore Tides 17 Veritas Report Weather and Sea Conditions 17
      26 words
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      143 30 WELL KNOWN INTERNATIONAL COMPANY WITH 15 YEARS PRESENCE IN THE SOUTH EAST ASIA AREA IS SEEKING WAREHOUSE AND DISTRIBUTION FACILITIES IN SINGAPORE We require the successful contractor to provide for an annual warehouse throughput of 5,000 ton of products; have facilities on his premises to unload and load 20ft standard
      143 words
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      Page 31 Advertisements Column 1
      2335 31 IAROINE SHIPPING AGENCIES 200 Cantonment Roa<l #12 OS Southpoint, Singapore 0208 le< *****11 TELEX NO RS 24m uvvrmM terminai r e i *****18 220 BOOKINGS Tel *****34 258 A. VQOQF J PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KEIANG TEL: *****18 TELEX MA394/7 MA***** PENANG TEL *****4 TELEX NO MA*****
      2,335 words
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      Page 31 Advertisements Column 2
      1252 31 INDEX TO ADVERTISERS Pane Col to< A| M AHC < ontainerline 12 I M 4 Klrwdg 13 1/2 Accord C iriHip H 1-3 Mac-NcK Agencies 14 1/2 AKS 15 2 Macolinc *i 4/5 Ahrenkicl l iner lh 3 Madju Sdn Hhd 15 1/2 Alfred C Tocpfer 15 5 MaersV l
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      Page 31 Advertisements Column 3
      2423 31 eQEEsaaiEa NEXT VESSEL TO U.S.A. METTE MAERSK V.9104 ETA 16/4/91 Vauei Voy ET* ETD "Port "Penang DESTINATIONS Singapore Keiang Ihil Mntte 9104 F««def by is 4 0000 Hns rarco CFS 1V« 2359 MRS M Taufo OAK LGB HOU MEM ATL MIA CMS BAL PHL NVC MON TOP MEtTE MAEHSK 9104
      2,423 words
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      1347 32 |rottedam/| VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE BBHI LONDON EXPRESS 01/114 13/4 4/5 2/5 31/5 ITOm KITANO 07/314 16/4 3/5 5/5 7/5 8/5 .BBBHSH. HAMBURG EXPRESS 02/115 19/4 10/5 8/5 7/5 1. ALL WESTBOUND P HANNOVER EXPRESS 02/315 21/4 8/5 10/5 13/5 14/5 KELANG ft PENANG CARGO
      1,347 words
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      Page 32 Advertisements Column 2
      600 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG ***** 25/4 12/5 15/5 20/5 AISO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUAIOAI A DIRECT CHILE SERVICE SIN 100 ANF VAP CLX SAI (PCRUI L J BONTANG 2103E 25/4 3/6 4/6 7/6 9 6 10'6 i
      600 words
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      Page 32 Advertisements Column 3
      1557 32 &*ws 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 21/04 11/05 12/05 17/05 18/05 19/05 20/05 21/05
      1,557 words
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      Page 33 Advertisements Column 1
      2047 33 zzfijgSteamers Maritime Holdings Ltd P&O flflW STRAITS SHIPPING VRML r ,T J Singapore ta Braaai, last Malaysia, Containers tSLJm ,w, r- ACCEPTS DUE SAILS Voy N.- P*r PHI S poie Alg Sou An? Rot Hos raorn I RtGINA MAiKSn 9106 06*01 Qf1.04 l/<* AO* ?BtX 2904 01 OS M I-VISPOOL
      2,047 words
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      Page 33 Advertisements Column 2
      2201 33 TO; U.S.A./PANAMA fm u.s a./panama sp oar ica cm roe sav no* ntc nvc nor saw cri igb oak sp CNOVANG GLORY IF 114 134 HI 10 5 I*s MS »5 »5 PARIS S£N WA 110 27, i 1/3 M *3 >' 3 113 14,4 ASIAN SENATOR If 115 »4
      2,201 words
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      Page 33 Advertisements Column 3
      422 33 gBUUB STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL VOY SP [PK KUC [KK~ TRANS AUTO 27 Sid lid ORANCE OCEAN ~9 In Pt Hf* 17/4 COSMO ANCEL 2 Sid In Pt SEA LARK 43 In Pt II ZUIJIN 1 14/4 [ASTERN PEARL 3 17/4 CHAMPION TRADER "l
      422 words
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      Page 34 Advertisements Column 1
      702 34 HHBB CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY fs PORt ROAM ADAM H BURG BREMtN ANTWERP SftlWl JAYA3IWB 13/4 IS/S 21/5 27/5 H/5 KUTAJ/72W8 Hi *6 W 17 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subject to Inducement Also accepting cargo to Casablanca. Port Said. Port Aleiandrla. Genoa. Trieste
      702 words
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      Page 34 Advertisements Column 2
      1089 34 ift 'M. HANJIN SHIPPING kfIEOCR VSL SIN LINE HAUL LAX OA* S pore IIEH RTM ANR HAM BRV EEL HANJIN LONCBEACH 033E 15 4 DIRECT fcS 94 14 4I 7 S 3 5 4 5 4S 6,5 /S HANJIN OAKLAND 01JE 24 4 H ROTTERDAM 014E 20 523 5 71.4
      1,089 words
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      Page 34 Advertisements Column 3
      1388 34 IPKL SCP HKC KSC KLC PUS MKT OSK NCY SM/ TYO LAX CHS BAL NYC IHV AN* ROM IMP MBC PSO CUB PKI S*3> I ttNUf PI on 12 413 4 16 417 4 X> 4 22,4 24 4 K 4 27/4 28 4 2»/4 10.S 22 4 24/S »,'5
      1,388 words
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      1984 35 J 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 *****4® TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 fingPll CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 mmm* nepuneson bhdMalaysia jFlzr K.L.-(03) *****33. P. Ketana-(03) *****87, Perwna-(04) *****0. J.Bahru-(07)
      1,984 words
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      Page 35 Advertisements Column 2
      1091 35 4 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VtSifLS yoroct |SPO«H |M«W LA HHQWC VOTAGt SPOW PttLANC HBURC B
      1,091 words
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      Page 36 Advertisements Column 1
      1609 36 K I W AS AGfNfS KAWASAKI SINGAPORE (PTE) LTO |CR No 1244«*****0M| i TfL *****/7 TELEX KAWAKi RS23l6b fAX *****/9 B V m 1 M MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD TEL PJ/bb4/22PK 368/201 5 PfNANG 6285/5 JB *****1 ■■MB KAWASAKI KISLN KAISHA, LTD. INDONESIA P T SARANA LAUT
      1,609 words
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      Page 36 Advertisements Column 2
      1248 36 \sm PHILI-ORI€NT LIN€S PT€ LTD 108 ROHINSON ROAO #0 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MKMBER OI SINGAPORE FREIGHT FORWARDERS ASSOCIATION APR MONTREAL, OTTAWA, 13 APR DUBAI. DAMMAN, SHARJAH, DOHA, CHARPfston
      1,248 words
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      Page 37 Advertisements Column 1
      1536 37 SSSSSS '/M PACIFIC INTERNATIONAL LINES (PTE) LTD m MBW PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I BANGKOK IZ 1 BUNGA TfcRAIAI ul/4 MM 221* INGENUITY IMN f*J* W/4 2J74 '®'j I?'* KOTA PANJANG 9111 15/4 18/4 23/4 EQUATOR MAS 01N 17 4 19 4 24 4
      1,536 words
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      Page 37 Advertisements Column 2
      1108 37 'BENLINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORF I LEHAVRET ROTTERDAM SHAMPTON HAMBURG T GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Setandia 108 17/4 4/5 5/5 7/5 8/5 Benalder_ 106 18/4 10/5 11/5
      1,108 words
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      Page 37 Advertisements Column 3
      588 37 tea MYANMA yStk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg AVA VIO7W Sid In Pt MPA AN VI62W 16/23 Apr >g»THE BANK UNE (A tervicc of Andrew W«lr Shipping) \\r SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I
      588 words
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      701 40 TO AUSTRALIA/NEW ZEALAND VSL Ts.n n<«n Tmeib Ts»d I Auck NPt |p CHALM MARTHA 2W 5(5 llji 14 5 Tib 21(5 2*5 ELLEN HUOIG 2/0 1« nii 2V5 2»~5 Tii i* BRUSSEL 271 His W *6 136 lit 20,6 c verolme m lot T7t~7w 77* 77 50 TO USA/CANADA VSL
      701 words
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      Page 40 Advertisements Column 2
      1079 40 EXPORTS TO HONGKONG, TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OUTBOUND VOY PKL PNG JKT FsiN HKG KAO kTe TYO SM7 NGO KOB [VESSEL VOY JsTn JpKL PNG BLW SlfT TSK melody" ~2f "8 4 14 4 204 23 4 4ls V EQUATOR PRIDFST/T 13 4 U~4 15 4
      1,079 words
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      Page 40 Advertisements Column 3
      1497 40 S CHINA OCEAN SHIPPING COMPANY MisTfii .0.0, hmc building U MAIMER LINER SERVICE mm #15-00, SINGAPORE 0207 fAX: *****66 CR NO: **********0 M CABLE: COSTARLINE General Agents: COBTAR MUPHWC PTE LTD TO HONGKONG AND CHINA FROM HONG KONG AND CHINA VESSEL/VOY SCP HKC SHA XIN MPU PAL QIN VESSEL VOY
      1,497 words
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      Page 41 Advertisements Column 1
      881 41 UKC CONVENTIONAL WKVICE Ve««l RKL PNG P G Loading (o. A VESSEL D 4 Rotterdam Antwerp CHINA mu. CONTAINm MM VICE Vessel SGP PKL BKK HKG QIN SHA YANGf ANCKOU «04 WO4 O/fli IMS 16/05 YANGfANGKOU 151 »;0S 0/« 12 06 1606 Alio jcceot ng other chines* oorts >u HKG
      881 words
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      Page 41 Advertisements Column 2
      342 41 (S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 fTf TELEX: RS ***** RISHIP (3 Lines) it C\ ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSfL VOY ETA I LOADING fO« SPORE ABBAY AONZ TBWB 15 05 DARf SSALAAM MOMBASA DJIBOUTI
      342 words
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      Page 41 Advertisements Column 3
      696 41 «*TsrTs3nr!337 P. T. PUL INTERNATIONAL LINE FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ
      696 words
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      Page 41 Advertisements Column 4
      800 41 SYDNEY/MELBOURNE BANGKOK VESSEL VOY SPORE SYO VESSEL VOY SHICAPORE iANCHOK PIYA BHUM 0503 15 11/4 21 30/4 02 oifr BENJA BHUM 01N Sal 13/4 Tut IC/4 PLANETA 0841 01 W* a X?^s SIRI BHUM# Hon 15/4 Thur 11/4 PIYA BHUM 10W 14-15/5 27-21/5 31 2/6 WANA BHUM#* m ta M
      800 words
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      Page 42 Advertisements Column 1
      1346 42 WAC-NELS SINGAPORE TEL *****22 MWT TEL *****02] PENANG TEL (04) 634b36 KK TEL (088) ?42?b0 TAWAU TEL (089) 7/W9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I |\~/\"VT^I J BAHRU TEL (07) *****2 SIBU TEL (084 *****2 SARIKEI TEL (084) *****8 V l W
      1,346 words
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      Page 42 Advertisements Column 2
      406 42 BLUE star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI, FOK AUCKLAND. NAPIER. WELLINGTON. BLUFF, CHKISTCHURCH. DUNKDIN, LYTTELTON. INVERCARGIL. FIJI AND TAHITI j SIN N PLY AUCK LYT MULBERA 70S 14 Apr 27 Apr Via NPL 30
      406 words
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      Page 42 Advertisements Column 3
      804 42 /HBI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vessel |m leti I kit vessel vot it* kit KIM SOON LI 13/91E 13 APR PENANG
      804 words
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      Page 42 Advertisements Column 4
      322 42 INTRODUCING OUR NEW CONSOL TO CALCunA a CHITTAGONG ALSO CONSOLS TO: BANGKOK I EUROPEAN PORTS HONG KONG (AND CHINA) SERVICE JAKARTA KOPER (YUGOSLAVIA) 2 SAILINGS PER MONTH AUCKLANO COLOMBO (AND INDIAN 3 SUB-CONTINENT) SAILINGS DUBAI (AND MIDDLE PER MONTH EASTERN PORTS) PORT LOUIS AND DURBAN call FRATA SHIPPING at *****04
      322 words
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      Page 43 Advertisements Column 1
      766 43 COMPANIA PERUANA \6£|L DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang' P Kelang Singapore E Msia KAMALEVERETT K3O/14 Apr THOMASEVERETT 19/21 Apr 72/24 Apr 27/29 Apr KARABIEVERETT 12/14 Miy We\ "EVERETT ORIENT
      766 words
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      Page 43 Advertisements Column 2
      517 43 VSI |VOY Is rowTjjMINUNER Ji auTTksr Isav NYC HfX FITKOHR W U4 MHITAIY lbi !*•> Hi W* /I* TRIESTE lW U« /IM ITALY lii 24,5 lit rti lib 2IM ALEXANDRIA 6AL ftt 21* HAIFA ?»b to l,t U;J ZIM SINGAPORE JSC Jb 2IM AKtRICA 11,6 16* U,<> Ailephng cjfgo to
      517 words
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      Page 43 Advertisements Column 3
      775 43 Ml SING KWANG HANG lIWHIQ TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE [VESSEI [SPORE [JAKARTA I SURABAYA EQUATOR MAS V 01N 1//4 20M [jENWEI V 171N 117/4 120/4 [~VESSIL S PORE BANGKOK A VESSEL 13/4 16/4 |~A VESSEL 17/4 20/4 DESTINATIONS ETA SINGAPORE PORT KELANG 19 4 91 MANILA 14 4
      775 words
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      Page 43 Advertisements Column 4
      598 43 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY JAriDIHI 927 13/04 16/04 IttAStTIA 163 A 18 04 21 '04 JATiniHI 9?8 20/04 23/04 IHASfcTIA 165 A 25/04 28/04 TANfO UIAMA 155 14 04 17/04 TANTO UTAMA 15/ 20/04 23/04 TAN TO U TAMA
      598 words
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      Page 43 Advertisements Column 5
      422 43 SIN FAR EAST 14/4 KEELUNG/KAOHSIUNG 14 4 BANGKOK 144 MANILA/CEBU 13/4 JAKARTA BELAWAN/SURABAYA 13/4 PORT KELANG/PENANG/E. Malaysia 13/4 BUSAN 144 TOKYO/YOKO/KOBE/NGO/OSA 16/4 HONG KONG SIN CHIN* 164 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 13/4 LDN/FLX/LVP/SOU 13/4 RDM/HAM ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland
      422 words
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      Page 44 Advertisements Column 1
      612 44 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 1694 16 APR 18 APR TAKARI IV 4078 18 APR 20 ARR TAKARI I 16% 22 APR 24 ARR TAKARI IV 4080 25 APR 21
      612 words
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      Page 44 Advertisements Column 2
      232 44 MULTI-MODE SHIPPING PTE LTD MIDDItnEASwERSIAN GULF ACCEPTING FCL DUBAI, DAMMAN. SHARJAH, DOHA, MUSCAT, BAHRAIN, ABU DHABI. BANDAR ABBAS, JEDDAH FAR EAST ACCEPTING FCL PENANG. P/. KELANG, JAKARTA, BANGKOK, HONG KONG, TAIWAN, JAPAN, MANILA, KOREA UK/EUROPE ACCEPTING FCL LONDON. FELIXSTOWE, LEEDS, TILBURY. ABERDEEN, LE HARVE. HAMBURG, ROTTERDAM. ANTWEP, GOTHENBURG, COPENHAGEN ALL
      232 words
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      Page 44 Advertisements Column 3
      630 44 SHIPPING CORP. SDN BHD PT hang TEI 03 *****06 |6 hues) FAX 36/0611 \\&l/ PfNAUG TEL 04 *****9 SMK TEL 089 21 468? Xl-7 SI flu TEI 004 3188?? TA»*U TEL 089 *****9 KK TEI 088 *****0 KUCH TEL 082 *****3 M SIA TO USA CANADA CONTAINER SERVICE fttPLW V
      630 words
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      Page 44 Advertisements Column 4
      933 44 LUJI conwnv mTEßmoonfo LCL/FCL SERVICE FROM fwLy /SjBl WCWI operate* over 600 terminals/offices in U.SJI 1 II m CWI maintain# over 35,000 tractors ft trucks. V II A CWI urvei over 60,000 points in U^.A. I—l m CUJI offer reliable LCI/FCL services. Genaral Agents 7&WSVA/K. fll/) PENANG KL: allied-LINK SINGAPORE:
      933 words
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      Page 45 Advertisements Column 1
      739 45 MORE FREQUENT FUGUES WORLDWIDE J £rZ£Z~' NEWZEALAND/FUI J VESSEL JW PHi 'Pm *Bhk Sil S lifi Auckljrt Fl|l|A| PtfMtft|A| Tl.ari Lftti(lu|B| D«Mdli|B| Napier MfcoN|C| Ta.r»»(a N Rnupn/910!? 194 19 4 20 4 23 4 6 5 13 5 8 5 9 5 10 5 10/5 11 5 12 5 13
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      333 45 TIDES AND WEATHER TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.0 1.6 1.3 1.1 10 1.1 1 3 1 7 2.2 25 2 6 25 21
      333 words
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      Page 46 Advertisements Column 1
      702 46 CHARTPOINT Every Saturday in Business Times Ik HYUNDAI MERCHANT MARINE CO. LTD. EASTBQUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FEEDER VOY PKE JHR SIN LINE HAUL VOY LBH OAK SEA 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
      702 words
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      Page 46 Advertisements Column 2
      566 46 CHARTPOINT Every Saturday in Business Times UK CONTINENT (TRIO) Htfnbu'i to CopcntUfM! Ajrtwv Gottwnbu'J Malmo S PORE IS TON H BUitC BHMfN »0« L£H Nel».t*i. Stockholm HITANO Wll4 14 4 Li It 65 l'i Rotterdam to Antwerp Amterdam Oslo. Helsinki HAMBU»C EIPRESS ***** I»4 IM 1,5 7/5 Bromontiww To Brwwfl
      566 words