The Business Times, 15 April 1991

Microfilm: NL17475
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday, April 15, 1991 75*
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  • NEWS SUMMARY
    • Article
      G-7 nations working out bill for new world order
      80 1 G-7 FINANCE Ministers met yesterday to try to work out ways to pay for the mounting costs of the new world economic order. The ministers, in London for today's inauguration of a new bank to aid Eastem Europe, will have a
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    • Article
      Supertanker Haven sinks off Italian coast
      46 1 THE BLAZING supertanker Haven, carrying a million barrels of oil, sank off the scenic Italian Riviera yesterday. It went down less than five hours after a huge explosion shook the vessel ablaze in the Bay of Genoa since last Thursday.
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    • Article
      Wartsila sets up base
      28 1 FINNISH diesel engine company Wartsila Diesel International will use Singapore as its regional hub to expand further into the South-east Asian market Page 2
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    • Article
      S'pore in UN team
      33 1 SINGAPORE will send a 10member team to the Middle East at the end of the month as part of the United Nations' peacekeeping efforts in the area Page 2
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    • Article
      Oil deals in Vietnam
      33 1 THREE US oil companies, as well as firms from Japan, Malaysia, South Korea and New Zealand, are negotiating with Vietnam about possible joint oil exploration and production Page 7
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    • Article
      Bush wants new law
      37 1 US PRESIDENT George Bush is asking Congress to change the foreign aid law to give him the freedom to determine how American aid money is spent and to choose its beneficiaries Page 8
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    • Article
      Motivation matters
      28 1 TALKING about motivation and morale is easy, but practising it is hard and takes a considerable degree of imagination on the part of management Page 12
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    • Article
      Old school musical
      28 1 FOR ALL that seems galling about Miss Saigon, this musical is a gripping entertainment of the old school, specifically, Rodgers and Hammerstein East-meets-West Page 15
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    • Article
      Nippon expanding
      32 1 NIPPON Express is strengthening its coverage of Southeast Asian markets by expanding its trucking and warehousing services into the area, with Singapore as its cargo hub. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Investment boost
      32 1 THE TAT LEE Group's associate company in Hongkong. Great Fine Limited, is investing more money in its property company in Hainan after its initial success in the venture Page 3
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    • Article
      Second fund likely
      21 1 SINGAPORE-BASED Seavi Management is expected to manage its second venture capital fund in Malaysia next month Page 3
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    • Article
      Chain looks ahead
      35 1 SHANGRI-LA International, the Kuok group's Hongkongbased hotel management chain, has mapped out an expansion plan which will increase its rooms inventory from 9,000 to 13,000 over the next three years Page 3
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    • Article
      Probe widens
      24 1 MICROSOFT Corp says the US Federal Trade Commission has expanded its investigation of the competitive practices of the software company Page 5
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    • Article
      Dresdner profits flat
      25 1 DRESDNER BANK, Germany's second largest commercial bank, has posted flat 1990 profits because of high investments and shaky stock markets Page 6
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    • Article
      S&P keeping tabs
      32 1 STANDARD Poors Corp is putting the long-term rating of two major French banks on creditwatch in a move reflecting the current woes of the French banking industry Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 722.31 +4.80 Kuala Lumpur ...577.28 +149 Tokyo 26.582.50 +157.31 Hongkong 3.742.00 +38.07 Svdnev 1.455.8 i New York 2.920.79 +15.34 London 2,526.1 -5.5
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI.7560 100 Yen SS 1.2931 MS SS0.6415 Money market rates Overnight 4 5/8 -1/8 3-month 4-11/16% unch
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    • Article
      COMMODITIES
      39 1 London Gold AM fix USS361.45 USS0.70 Rubber S'pore May !45.25'/kg +0.25 M'sia May 225.50*/kg unch KL Tin Turnover 65 tonnes +5 Spot MS 14.68 /kg -0.11 Crude palm oH Turnover 905 lots -1,513 Apr MS 759 /tonne -4
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  • Article
    World economy faces uncertain outlook this year
    559 1  -  Asian Development Bank Annual Report By Kenneth James SLOWER GROWTH and "extremely uncertain prospects" for the world economy in 1991 is the forecast of the Asian Development Bank (ADB) which cites the Gulf crisis and the fragility of the international banking system as
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  • Article
    Financial houses warm up to idea of escape from the city
    485 1 FINANCIAL institutions here are likely to react warmly to the government's proposed financial park. A number of local and foreign commercial banks had been searching for alternative premises for their backend operations even before the Monetary Authority of Singapore
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  • Article, Illustration
    A high-tech park for high finance
    568 1  -  Top-notch facilities and cheaper premises to give financial houses the cutting edge By Magdalene Ng THE SINGAPORE stock exchange, several financial regulatory bodies and a number of local and foreign banks are planning to move their offices to a new low-rise, hightechnology financial park
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  • Article
    Lock icon Dragon economies breathe fire
    92 1 AFP ASIA's export-driven little dragons rode out the world slowdown and Gulf war to maintain robust expansion in 1990, but growth pains arc emerging, the Asian Development Bank said yesterdav. Gross domestic product (GDP) growth in the newly industrialising economies (NII-.s) of Hongkong. Singapore, South Korea
    AFP  -  92 words
  • Article
    Where the big money is
    61 1 THE Gulf War is over and businessmen are converging on the Middle East for a slice of the estimated US$lOO billion in contracts for the reconstruction of Kuwait. But the emirate isn't the only window of opportunity in the region. SN Vasuki, who recently visited
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  • Article
    BT's $100,000 dare
    160 1 BUSINESS TIMES' investment race for readers starts today, with attractive cash prizes and watches awaiting the winners. From today till Friday, money coupons worth $20,000 each will be published in BT. The first coupon appears on Page 11. Cut the five different coupons out and you will
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      117 1 EXECUTIVE PLACEMENTS g *****62 Aircraft Schedule 23 Market Rewews 18 World News 8.9 The Arts 15 Money Changer Rates 23 Commodities 22 Money Market 21 For market indices, editorial. Cryptic Crossword 23 Regional Co News 4 advertising and circulation ex Enterprise Mgt 12,13 Regional News tensions, call Business Times Flancial
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    • Advertisement
      Page 1 Advertisements Column 2
      27 1 lIIKRh WILI BK normal publication of Business Times tomorrow, even though it is the llari Raya l*uasa holiday. The paper will be available at the usual outlets.
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    • Advertisement
      Page 1 Advertisements Column 3
      3 1 Focus, Pg 9
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    • Advertisement
      Page 1 Advertisements Column 4
      149 1 The best just keep getting better... and better... EDITORS PC MAGAZINE 1 Analysis, Pg 10 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. You can't afford to
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Asean ministers to discuss EAEG proposal
        95 2 vSI AN foreign ministers will tlesh out the proposal to set up n l ast Asian Eeonomie Grouping when they meet in Kuala mnpur in July, said Malaysian Foreign Minister Datuk \bdullah Badawi on Saturday. Officials from the six member ountries will meet soon
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      • Article
        Water supply intact
        79 2 INGAPORE's water supply from Johor will not be affected v any plan of the Malaysian government to control water 'ocks in the states, Datuk Abdullah Badawi also said. Speakig at a press conference to round up his visit here, the lalaysian Foreign Minister said: "The sale of
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      • Article
        SFCCI may agree to disagree
        72 2 HE Singapore Federation of Chambers of Commerce and idustry (SFCCI) may scrap its consensus approach to deci-on-making. The proposed move will render it a more cffec•\e national voice for local businesses. Under the federation's in rent constitution, decisions are taken only if they have the
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      • Article
        SMA plans dinner for minister
        81 2 I HE SINGAPORE Manufacturers Association (SMA) will v'UJ a dinner on April 25 in honour of Trengganu's Chief I mister. Dato Seri Amar Di Raja Tan Sri Haji Wan Mokhtar vhmad, the Mentri Besar of Trengganu, will be in Singapore s part of a 25-member
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      • Article
        They're all ears
        60 2 JGHTY-FOUR senior civil servants have been appointed as Hiality Service Managers to act on complaints and suggesi >ns from the public about the level of public service. The vice Improvement Unit, set up to review and improve the lality of public serv ice, released the names of
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      • Article
        New RCB office
        65 2 ME Registry of Companies Businesses' (RCB) new office t International Plaza will be officially opened on April 27 by >Jgiam Tong Dow, the Permanent Secretary (Revenue -idgct). Ministry of Finance. At the opening. RCB's new logo •II be unveiled. The electronic information network. Biz Net, ill also
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      • Article
        Come to the Istana
        25 2 HE Istana grounds will be open to the public on Hari Raya jasa tomorrow. Opening hours are between Bam and 30pm.
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    • Article
      Wartsila's regional base sited here
      436 2  -  Subsidiary to be upgraded to know-how, support centre By Jean Wee FINNISH diesel engine company Wartsila Diesel International will use Singapore as its regional hub to expand further into the South-east Asian market. Its local subsidiary. Wartsila Diesel Singapore, will be developed into a regional
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    • Article, Illustration
      Singapore to send team to Middle East as part of UN peace force
      241 2 SINGAPORE will send a 10member team to the Middle East at the end of the month as part of the United Nation's peace-keeping efforts in the area. Wong Kan Seng, the Minister for Foreign Affairs and Community
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    • Article
      Singing ministers
      82 2 STRIKING a chord with a senior citizens" singing group. Foreign Affairs Minister Wong Kan Seng and BG (Res) George Yeo, Acting Minister for Information and the Arts, (above) yesterday belted out a Chinese number with them. The event, part of BG Yeo's walkabout which covered the Toa Payoh
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    • Article
      PM Goh sets about task of finding new leaders
      389 2 THE net is cast nationwide for able men and women to become ministers and Members of Parliament in the next decade. Prime Minister Goh Chok Tong has said. "For the sake of continuity, it is my duty to plan for self-renewal
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      129 2 This Is Just The View From Our Elevator. m i A a&a jgfl| E, m^rnrn 29th flt>or view 18th tlixir view to! fliN>r view If you re impressed with the view from Because our view, (nice as it is) is surpassed Hut please, don t just take our word our
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Tat Lee associate to invest more in Hainan property
      292 3  -  From Yong Pow Ang in HAINAN TAT LEE GROUP'S associate company in Hongkong. Great Fine Ltd. is investing more money in its property company in Hainan after its initial success in the venture. The existing HKSIO million (552.3 million) capital bose
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    • Article
      Lock icon GUH to get 12.79 m Supreme Corp shares in debt deal
      434 3 GUH to participate in two-year Call and Put option MBT UNDER Supreme Corp's (SC) restructuring scheme, Grand United Holdings (GUH) will receive 12.79 million SC shares in full settlement of SC and its subsidiaries' debts totalling M 551.17 million
      MBT  -  434 words
    • Article, Illustration
      Lock icon Johor farm aims to produce Lion's share of tiger prawns in Malaysia
      289 3 MBT LUCRATIVE tiger prawn cultivation for export has become the Lion group's aquaculture division's main activity. The 850 ha farm near Lndau in Johor is the division's latest project which, when completed, will become Malaysia's largest producer of
      MBT  -  289 words
    • Article
      Lock icon Cima has upside potential
      306 3 MARKET TALK Bernama CEMENT INDUSTRIES of Malaysia's current price of around M 55.20 a share makes it a good bargain. According to stockhroking firm Omega Securities in its weekly newsletter, Cima is being traded at the lowest prospective price-earnings ratio of 18.57 times compared with Tasck
      Bernama  -  306 words
    • Article, Illustration
      Lock icon Seavi to launch second M'sian venture fund
      489 3 MBT SINGAPORE-BASED Seavi Management is expected to manage its second venture capital fund in Malaysia next month. Six years ago. Seavi launched the country's first capital venture fund of MS 13 million (558.45 million), called the Malaysian Venture Fund. Managing director Tan Keng
      MBT  -  489 words
    • Article
      Shangri-La Int'l to increase room inventory worldwide
      288 3 SHANGRI-LA International, f the Kuok group's Hongkong- based hotel management ehain. has mapped out an expansion plan which will increase its room inventory from 9,000 to 13.000 over the next three years. The plan involves 26 properties operating in Cana- I da, Fiji,
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    • COMPANY BRIEFS
      • Article
        OUB tallies share transfers
        89 3 OVERSEAS Union Bank has announced that share transfers in favour of foreigners, lodged with the company up to March 31, 1991. is in the region of 26.03 per cent of its issued capital. This includes 8.21 million shares, which will be issued to holders of the
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      • Article
        Hicom to produce Proton pumps
        52 3 HICOM Diecastings, a wholly-owned subsidiary of Heavy Industries Corporation of Malaysia, will start producing oil pumps for Proton Saga cars next June. Through a technical assistance and equipment purchase agreement signed with Kyoto Engineering. Hicom Diecastings will have a production capacity of 120.000 oil pumps
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      • Article
        Sungei Way negotiating deals
        73 3 1 HE Sungei Way group is negotiating with several parties to clinch a few deals worth billions of ringgit. Without disclosing details, group chief executive Jeffrey Cheah said the lowest deal would be worth more than MS3OO million (Ssl9s million). Mr Cheah was speaking to reporters
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      • Article
        Insas appeals decision
        68 3 INSAS has appealed to the Malaysian Minister of Finance to reconsider the decision by the Capital Issues Committee (CIC) not to approve its proposed corporate exercise. But Permata Merchant Bank, on behalf of Insas, said the Minister of Finance has not approved the appeal and the CICs
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      • Article
        Fourth payment on Cagamas soon
        53 3 THE fourth payment on Cagamas bonds 2/89 issued on April 24, 1989, will be made on April 24, Cagamas said yesterday. Under the Scripless Securities Trading System implemented by Bank Negara on January 1 last year, these bonds are now scripless for the purpose of
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      • Article
        Antah gets toehold in UK
        78 3 WELL-diversified Antah Holdings has established a foothold in the UK via its two international operations, namely Unigroup (UK) and J W Carpenter (UK). Antah holds 34.5 per cent of Unigroup and is now the single largest shareholder in the company. Unigroup recently announced an interim
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      Page 3 Advertisements Column 1
      145 3 Will you call me from your hotel, darling? J W ANA HOTEL SINGAPORE I<. \.is.„n 11,11. "J i ..lit,.. I t I. II 1 >. t R,m n- V.Mir 'I 1., x (1.1 l 7." 1,1, x \IIS|\ Rs JIM I, The Hilton-British Airways Playhouse presents Bra DORA ALFRED BRYAN
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon San Miguel planning S$ 3l3m expansion
      452 4 Reuter PHILIPPINE food and beverage conglomerate San Miguel Corp will present a 1991 five billion peso (Ss3l3 million) expansion programme and fund-raising plan to stockholders at a meeting on Friday. The company said in a statement yesterday that it will seek financing for the
      Reuter  -  452 words
    • Article
      Tung Wing Steel offering new shares
      142 4 HONGKONG'S Tung Wing Steel Holdings, a whollyowned subsidiary of Allied TW, is offering 85 million new shares at HK$l.O2 each (23 Singapore cents) for a spin-off listing from its parent group. A report in the South China Morning Post said that the public offering,
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    • Article
      Lock icon Gold swindler asks for a retrial
      256 4 AFP THE alleged mastermind of Western Australia's celebrated Perth Mint swindle nine years ago, has made an impassioned plea for a retrial. Maintaining his innocence after being released from jail on Friday after serving eight years in connection with the A 5660,000 (*****,000) gold
      AFP  -  256 words
    • COMPANY BRIEFS
      • Article
        Ex-Jademan chief sues Sally Aw and others
        69 4 FORMER Jademan boss Tony Wong Chun-loong is suing the associates who last year helped him regain control of the publishing company, according to a report in the South China Morning Post. A writ has been filed against Miss Sally Aw Sian, chairman of
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      • Article
        Shell rethinks Thai refinery
        44 4 SHELL (Thailand) Co chairman Mr Sarisdiguna Kitiyakara on Friday indicated that anticipated cost overruns may force it to renegotiate its agreement with the government to build the country's fourth oil refinery, a report in the Bangkok paper, The Nation said.
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      • Article
        Maruti cars to head for E Europe
        55 4 INDIA'S leading automobile manufacturer, Maruti Udyog Ltd, has signed agreements to export 34,100 cars to three eastern European countries by next year as part of its drive to expand overseas sales. The company signed a contract this week with Poland's Elektrim Ltd for
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      • Article
        Keck Seng's HK$ 222m purchase
        62 4 KECK Seng Investment will acquire a 45.61 per cent interest in Golden Crown Development for HK5222.14 million, (Sssl million) partly by issuing 80 million new shares at HK52.175 each, said a South China Morning Post report. The acquisition will also be financed by a placement
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      • Article
        Asian Finance buys into Epicure
        31 4 ASIAN Finance Publications has acquired a significant minority interest in Epicure Ltd, the publisher of Epicure magazine, said a report in the South China Morning Post.
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    • Article, Illustration
      Lock icon India lifts ban on Sumitomo group for oil jobs
      254 4 Reuter NEW DELHI has lifted a 16month ban on a consortium led by Sumitomo Corp that has prevented it from receiving contracts in the Indian petroleum industry. "Sumitomo had made a representation for the ban to be lifted and they have
      Reuter  -  254 words
    • Article
      Padaeng offers alternative for fertiliser project
      344 4 PADAENG Industry Co has announced it will invest in a base chemical fertiliser plant if the government finally decides to drop the long-dor-mant National Fertiliser Corp (NFC) project. The Nation newspaper reported. The firm said its alternative investment plan will be economically worthwhile. The
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      91 4 BUSIN'ES S T 1 M E S Ihl. EP HONK. 730-5771/5772/577 J I A X 7 I 4 4s» m ATTENTION 3 A speculative but highly profitable investment awaits your immediate attention. Your funds will be managed by a professional fund manager and traded in the international e*change with calculated
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      Page 4 Advertisements Column 2
      302 4 I The most respected family in Asia. Introducing the Hewlett-Packard range Vectra personal A business always benefits from having the most powerful resources Hewlett-Packard can jmm runrivalled resources, with the most powerful and reliable family of PCs Vf in Asia, from entry level to the I y *1 exceptional power
      302 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Microsoft inquiry widens
      322 5 Investigation unlikely to amount to anything, says an industry newsletter NYT THp Microsoft Corp said on Friday that the Federal Trade Commission had expanded its investigation of the competitive practices of the softwart 1 company. ''The purpose of this investigation is to examine allegations that Microsoft Corporation
      NYT  -  322 words
    • Article
      Lock icon Union hits out at Chrysler's executive payouts
      444 5 UPI THE financially strapped Chrysler Corp, which has beetV undergoing a US$3 billion (555.3 billion) cost-cut-ting effort, said on Friday corrtpany chairman Lee lacocca earned $4.58 million in total compensation during up from $3.98 million in *989. Mr lacocca's compensation', disclosed in the
      UPI  -  444 words
    • Article
      Lock icon Pension body wary of Chrysler's plan
      230 5 Reuter THE Pension Benefit Guaranty Corp (PBGC) said it requested information about Chrysler Corp's plan to sell a stake in its financial subsidiary and a recent loan agreement. The PBGC said it is concerned that a proposal to sell a minority interest in Chrysler
      Reuter  -  230 words
    • Article
      Lock icon UK court throws out Lonrho bid to sue Fayeds
      229 5 Reuter A BRITISH court on Friday threw out the latest attempt by conglomerate Lonrho pic to take legal action against Egypt's Fayed brothers over their 1985 takeover of the landmark London department store Harrods. A High Court judge dismissed London-based Lonrho's
      Reuter  -  229 words
    • Article
      Lock icon Hungary to take 10pc stake in GM venture
      177 5 AFP THE Hungarian government has decided to take a 10 per cent stake in General Motors Hungary with an investment of around US$9.5 million (5516.7 million) it was announced in Budapest on Saturday. General Motors (GM) Europe is setting up a joint
      AFP  -  177 words
    • COMPANY BRIEFS
      • Article
        Siemens to cut 1,600 jobs by October 1992
        100 5 SIEMENS AG said it would cut 1,600 jobs in the Munich area by the end of the 1991/92 business year ending Sep 30, 1992. A spokesman said Siemens, which employs a total of 50,000 in and around Munich, aimed to place most
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      • Article
        Nippon Sanso buys US firm
        96 5 JAPAN'S Nippon Sanso KK said on Saturday it has bought the US firm Semi-Gas Systems Inc for some US$24 million (Ss42 million). Nippon Sanso, the largest Japanese oxygen producer, said the purchase of the US industrial gas equipment maker was based on a basic agreement
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      • Article
        Slump in Westinghouse earnings
        73 5 ELECTRONICS and defence giant Westinghouse Electric announced on Friday a 53.3 per cent slump in its first quarter net earnings. The company reported net earnings of US$9B million dollars (S$ 172 million) for the three-month period, compared to $210 million for the corresponding quarter of 1990.
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      • Article
        Caterpillar closing plant
        29 5 CATERPILLAR Inc said its building construction products division will consolidate North American operations at a facility near Raleigh, North Carolina and close its Brampton, Ontario, plant.
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      159 5 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to $apan Steffi JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily
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      Page 5 Advertisements Column 2
      170 5 "Nobody ever said that doing business in Jakarta would be a bed of roses." "But they will now." '1 A businessman's wealth of the most highest high-tech fitness lot is seldom a rosy one. current news and complex, tennis courts Though the picture industry data. and jogging tracks, tired brightens
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bundesbank plan for regional banks rejected
        68 6 FINANCE OFFICIALS from Germany's 16 states have rejected Bundesbank proposals to cut the number of regional central banks, approving an alternative plan to create a regional bank for each of Germany's 16 states. A spokesman for the finance minister in the state of North
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      • Article
        UK 91-day T-bill tender raised
        60 6 THE BANK OF ENGLAND said that from Thursday it will raise the size of the weekly 91-day Treasury bill tender to £500 million from the current £350 million. The 182-day T-bill will remain the same at £200 million. The bank said this was a technical
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      • Article
        Indonesian bank seeks help
        88 6 BANK Umum Koperasi Indonesia, one of Indonesia's 10 biggest bank, has asked the central bank to help to settle bad debts of 185 billion rupiah, the weekly magazine Tempo reported. The central bank. Bank Indonesia, has said previously it will not inject fresh capital into the
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      • Article
        US firm to be quoted in Paris
        63 6 SHARES in US firm Rhone-Poulenc Rorer Inc will be quoted from April 23 on the main Paris bourse, the monthly settlement market, the French stock exchange's authority SBF said. Rhone Rorer, the 68 per cent-owned pharmaceuticals unit of France's Rhone-Poulenc, was formed last
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    • Article
      Lock icon Dresdner turned in flat profits last year
      339 6 Bank in tie-up deal with Banque Nationale de Paris UPI AFP DRESDNER BANK, Germany's second largest commercial bank, has reported flat profits for 1990 because of high investments and shaky stock markets. Chairman Wolfgang Rocllcr said that total group operating profits were unchanged
      UPI; AFP  -  339 words
    • Article
      Lock icon Executive Life seizure stirs uncertainties
      466 6 Reuter LAST Thursday's seizure of Executive Life insurance Co, the principal business of First Executive Corp, starts what could be a prolonged period of uncertainty for investors, creditors, regulators, and policyholders, industry sources say. "First Executive's fate depends on what happens with Executive Life," said
      Reuter  -  466 words
    • Article
      Lock icon Soc Gen and BNP put on creditwatch
      466 6 UPI STANDARD Poors Corp said last Friday it was putting the long-term rating of two major French banks on creditwatch in a move reflecting the current woes of the French banking industry. "S&P places the AA-plus senior long-term debt ratings of Societe Generale
      UPI  -  466 words
    • Article
      Japanese agency downgrades India's rating to junk bond level
      626 6  -  From Shirish Nadkarni In BOMBAY AT A time when India's foreign exchanges reserves have been severely depleted and the balance of payments situation has given rise to alarm, there is further bad news. Indian borrowing has been downgraded to junk bond
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    • Article
      Lock icon Key Indian interest rates up by a point
      208 6 Reuter THE RESERVE BANK of India last Friday raised key interest rates by one percentage point and announced a tight credit policy to contain inflation and conserve foreign exchange. Bank governor S Venkitaramanan told chief executives of major commercial banks that, "while
      Reuter  -  208 words
    • Article, Illustration
      Lock icon US$ 3.5b loan for Saudis yet to be signed, say bankers
      275 6 Reuter A LOAN of at least US$3.5 billion for Saudi Arabia, to help fund its Gulf war participation, is still weeks away from signing, banking sources say. At least 14 banks have agreed to participate in the three-year loan,
      Reuter  -  275 words
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      Page 6 Advertisements Column 1
      288 6 Daily Specials Set Menus Try the Daily Special Offers with other ■-<-«(» Entertain your friends and business delicious Fook Yuen specialities. Lunch f|re associates with set menus of Fook Yuen and dinner. delicacies. Lunch and dinner daily. MON: Braised Superior Shark's Fin Soup SjSg Fook Yuen Special menu (per person)
      288 words
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      Page 6 Advertisements Column 2
      230 6 jj. SuT ity MBA sth Intake By Distance Learning Commencing in Julyl99l Programme Structure and Contents (New) Innovations and Strengths Hull MBA is a highly innovative two-year postgraduate FIRST to otter TQM and A Systems Approach to CPS the programme. It is designed to prepare ambitious managers; management philosophy of
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      29 6 DoIlar$ Non$en$e r 'i r'-V <?/ 4?>>AV. < kt, <>• u: 4An\ vv V i -ris^erypBn'rt 1 fi i! iPPM& I iv/ Itei I .ntl**!) "This is Mr. Burke—he's a non-bank banker."
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  • THE REGION
    • Article
      Lock icon Show on Chinese goods yields M$ 90m contracts
      390 7 NST THE WEEK-LONG China Products Exhibition '91 which ended last week in Kuala 1 umpur has yielded contracts which may total more than Ms9o million. More than 10 joint ventures were also entered into between some of the exhibitors and Malaysians for
      NST  -  390 words
    • Article
      Lock icon Oil firms, Hanoi discussing tie-ups
      201 7 Reuter THREE US oil companies, as well as firms from Japan, Malaysia. South Korea and New Zealand, are negotiating with Vietnam about possible joint oil exploration and production, an official Hanoi news bulletin said last week. Economic News, a biweekly bulletin of the Ministry of
      Reuter  -  201 words
    • Article
      Lock icon Trengganu seeks labour-intensive industries
      343 7 MBT TRENGGANU, which has already established itself as the base for steel and petrochemical projects, is vying for more labour-intensive industries to be sited in the state. Projects identified by the state government include electronics, footwear and textile manufacturing. Trengganu executive councillor for industry, petroleum and
      MBT  -  343 words
    • NOTE BOOK
      • Article
        S'poreans hold lOpc of Johor property, farms
        74 7 SINGAPOREANS held a 10 per cent stake in the property and agriculture sector in Johor last year, according to the property market report for 1990. Johor's State Valuation and Property Services director. Finance Ministry, Mr Mani Usilappan, said prices of houses rose between
        74 words
      • Article
        Thai unions vow to fight bills
        64 7 TWENTY-FIVE powerful state unions have vowed to fight government-sponsored bills which would disband them, a newspaper reported in Bangkok on Saturday. The unions voted unanimously on Friday against a bill which would in effect ban unions from striking. Approved by the Thai government on
        64 words
      • Article
        Agreement with insurgents
        62 7 THE Burmese military has reached a peace agreement with a hilltribe insurgent group, the First such group to be wooed away from the coalition of forces fighting the central government, official Rangoon radio reported. The agreement was seen as a key step forward for government attempts to
        62 words
      • Article
        US and Fiji in fruitfly row
        51 7 THE US Department of Agriculture has suspended transit permits for Fiji vegetables and fruits destined for Canada via Hawaii because of allegations of fruitflies in them. Negotiations so far this week between Fiji trade officials and US diplomats show no sign of resolving the
        51 words
      • Article
        Jakarta lowers oil price
        62 7 INDONESIA has cut the export price of its crude oil to Japan for April delivery by 35 cents to U5517.37 (5530.50) a barrel. Mines and Energy Minister Ginanjar Kartasasmita said on Saturday. Prices fell despite production cuts by the Opec effective this month because world oil
        62 words
    • Article, Illustration
      Lock icon Environmentalists fight to slow the chain saws of Japanese loggers
      675 7 UPI OVER the past three decades, Japan's increasingly ravenous appetite for tropical timber has left many of the vast forests that once blanketed South-east Asia on the brink of extinction. Japanese trading conglomerates have moved from nation to nation across
      UPI  -  675 words
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      Page 7 Advertisements Column 1
      337 7 GO FOR ISPO 91. IN ASIA. TH ,s event The Third International Trade Show for Sports Singapore Equipment and Fashion has proved to be an board opment indispensable marketing instrument for the Asia Pacific region. 0 ispo Asia '91 will showcase the best sporting goods the industry C T|| M
      337 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Bush wants more control over foreign aid
      377 8 White House proposes changes to law AFP US PRESIDENT George Bush is asking Congress to change the foreign aid law to give him the freedom to determine how the US assistance money is spent and to choose its beneficiaries. "Events in recent months
      AFP  -  377 words
    • WOLRD WATCH
      • Article
        Warsaw offers to sell more food to Moscow
        103 8 POLAND, experiencing an unprecedented food surplus, wants to sell at least four million tonnes of food to the Soviet Union. Officials in Warsaw said last Friday that Poland was ready to go far beyond an offer to sell one million tonnes of
        103 words
      • Article
        Chemicals firms eye E Germany
        87 8 THE WESTERN German chemicals industry- is to invest around one billion deutschemarks (551.05 billion) in eastern Germany. In making the announcement in Hanover last Friday, Heinrich Krauch, a member of the executive of the Verband der Chemischenlndustrie, said that east German chemical workers had solid
        87 words
      • Article
        Seoul, Moscow to sign N-pact
        67 8 SOUTH KOREA will sign an accord with the Soviet Union to expand bilateral cooperation on nuclear energy. The Korea Herald newspaper said yesterday that the agreement would be signed tomorrow by the Korea Atomic Industrial Forum, the Korea Nuclear Society of South Korea and the
        67 words
      • Article
        World Bank lending to China
        52 8 APPROVED World Bank lending to China has exceeded US$l billion in the fiscal year ending in June. The official English-language China Daily said yesterday that the bank approved US$l.l billion in loans and credits for eight projects, becoming the most active lender to China in
        52 words
      • Article
        Brazil to ease profit restrictions
        71 8 IN AN EFFORT to stimulate greater foreign investment, Brazil's government will ease its restrictions on when multinational companies can send their profits earned in Brazil to other countries. Speaking at the World Economic Forum in Sao Paulo last Friday, Brazilian Economy Minister Zelia Cardoso de
        71 words
    • Article
      Lock icon Regional politician named as Treuhand head
      200 8 Reuter GERMANY has named a politician from Chancellor Helmut Kohl's Christian Democrats as the new president of the Treuhand, the powerful agency converting old communist enterprises to capitalism. Board member Birgit Breuel, 53, succeeded Detlev Rohwedder following the Treuhand president's murder by leftist guerillas
      Reuter  -  200 words
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      43 8 WILL THAT <" BARGAIN V HOME COMPUTER COST YOU heaps: TELEVIEW SOFTWARE S9O 3 MONTHS' TELEVIEW SUBSCRIPTION (RESIDENTIAL) $27 -MICROSOFT WINDOWS 3.0 $300 J COMPUTER TRAINING $150 fer" nuiniiiri*^^^^ I 40 PUBLIC (MAIN SOFTWARE APPLICATIONS I jii v Kp* J? $< e Tw7.» r mmmm^M
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      Page 8 Advertisements Column 2
      34 8 Sledgrrt *0207, Orchard Emerald (Td: *****35) Galenes Lafaverte Singapore Sago Jakarta g BjW PrtlK Fine** tK^Bm *02 39. Ctntrf prune ad: *****68) '^T% *01 10 Liang Coun (Tdi *****52) J^S® and seteaed retail outlets
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  • FOCUS
    • Article
      Lock icon Bank's loans and investments up 9pc last year
      300 9 AFP LOANS and investments by the Asian Development Bank (ADB) rose 9 per eent last vear to reaeh U554,009 billion (557.056 billion), the ADB said in its annual report released in Manila yesterday. Lending to both the public and private sectors rose
      AFP  -  300 words
    • Article
      Lock icon Record grain harvest salvages Chinese economy
      293 9 AFP A RECORD grain output helped boost China's economic growth last year in spite of a depressed industrial sector and huge losses resulting from the Gulf crisis. China's gross domestic product grew by about 5 per cent last year, up from 4 per cent
      AFP  -  293 words
    • Article
      New ADB approach emphasises basic education
      353 9  -  By Kenneth James MOST young people in the Asian region will need at least nine years of general education with special emphasis on basic sciences and gyA report by the Asian Development Bank on Education and Development, which forms the theme chapter of the
      353 words
    • Article, Illustration
      Lock icon S-E Asia still leads in economic growth
      420 9 Asian Development Bank Annual Report AFP South-east asia still sets the pace in world economic growth in spite of a global economic slowdown that sheared its export earnings last year. Average gross domestic product (GDP) growth for the area averaged a little above
      AFP  -  420 words
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      34 9 AVAILABLE ON REGULAR BASIS FROM SINGAPORE TO INDONESIAN AND WEST 1 MALAYSIAN PORTS. THE BARGE IS MOUNTED I WITH SIDE BOARDS COULD HANDLE UP TO I 6000 DWT BULK CARGO. INTERESTED PARTIES, PLEASE CALL:
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      Page 9 Advertisements Column 2
      321 9 SLOW AND STEADY LOSES THE RACE! n ii i j i FILE IT IN RECORD TIME. WITH THE CANOFILE. Large volume filing can at the rate of 40 pages per minute. Including heaps of papers out of your sight forever. take a lot out of you. A irregular shapes like
      321 words
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  • ANALYSIS
    • Article, Illustration
      The trading capital of the Middle East
      1230 10  -  SN Vasuki.back from a visit to Dubai, Egypt and Turkey, examines the economic prospects of the three countries in the aftermath of the Gulf War. He also evaluates the business opportunities for Singapore companies. S N Vasuki DUBAI is the melting pot of
      1,230 words
    • Article, Illustration
      Egypt woos investors with bold reforms
      1223 10 YOU cannot understand Egypt's economy without understanding the economics of the price of bread. On the streets in Cairo, a teeming metropolis of 16 million, it is possible to have an entire meal consisting of a loaf of bread and tomato soup for as
      1,223 words
    • Article, Illustration
      Take a dip in a Turkish bath before you take the plunge
      528 10 THE Istanbul Chamber of Commerce (ICC) is the Turkish private sector's largest and most influential industry association. ICC officials say that the chamber's 140.000 members account for half of Turkey's national income and foreign investors keen on investing
      528 words
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  • SPORTS
    • Article, Illustration
      Lock icon Friendly battle on their hands
      485 11 THE US MASTERS Reuter LAN WOOSNAM and Tom Watson waged a wonderful duel at the Masters on Saturday and they were set to do it all over again yesterday with the year's first major golf championship at stake. Woosnam got the better of his one-time
      Reuter  -  485 words
    • Article
      Lock icon Italian Open attracts leading players
      167 11 AP THE Italian Open has lined up its strongest field in decades, drawing some perennial favourites as well as some top names who have snubbed the clay-court tournament in recent years. Organisers said on Saturday that they will wait until the last minute to name
      AP  -  167 words
    • Article, Illustration
      Lock icon Sabatini to take on Graf in B&L finals
      411 11 Reuter GABRIELA SABATINI came dangerously close to missing an opportunity to become the number-three player in the world and to beat Steffi Graf again, but pulled out a 6-2 2-6 6-4 semifinal victory over Arantxa Sanchez Vicario at the U*****,000 (*****.000) Bausch
      Reuter  -  411 words
    • Article
      Lock icon Spitz fails to match Jager in 50-m fly
      411 11 AP MARK SPITZ wasn't dead in the water, but he didn't even come close to beating Tom Jager in a 50-metre butterfly match race in California on Saturday. It was the first test of the 41-year-old former Olympic standout's comeback try. Spitz
      AP  -  411 words
    • SIDE LINES
      • Article
        Shelford optimistic about selection
        142 11 FORMER All Black captain and number eight Buck Shelford believes he has a 50-50 chance of being selected for the Work! Cup squad later this year. Shelford, 33, was dumped from the New Zealand captaincy and the team in the middle of last season despite having
        142 words
      • Article
        Edberg downs Lendl
        70 11 STEFAN EDBERG yesterday overwhelmed Ivan Lendl to capture the men's singles title in the Japan Open Tenrps Championships. Top-seeded Edberg of Sweden scored a 6-1. 7-5, 6-0 triumph over erratic second-seeded Lendl of Czechoslovakia in Tokyo. It was Edberg's fourth and the third straight title of the
        70 words
      • Article
        Connors still game
        105 11 FORMER world number one Jimmy Connors said yesterdav that he will still be capable of playing top-level tennis for a few more years. "I feel if I continue to work and take care of my fitness, I can still play for another three or four years or
        105 words
      • Article
        Hendry's back on top
        98 11 WORLD snooker champion Stephen Hendry swept to the top of the Matchroom League in Swindon on Saturday by trouncing England's Tony Meo 6-2. Hendry, who begins the defence of his world title in Sheffield next Saturday, sounded a warning that he is back to his best
        98 words
      • Article
        Leeds' manager indignant
        121 11 LEEDS manager Howard Wilkinson yesterday slammed referee Ken Redfern for denying his side a 5-5 home draw with English champions Liverpool on Saturday. Leeds rallied superbly from 4-0 down to lose 5-4, but hat-trick hero Lcc Chapman, the First Division's top scorer with 27, was denied a
        121 words
      • Article
        Torrance out to prove a point
        102 11 SCOTLAND'S Sam Torrancc looks to deny one of his father's pupils a victory in the Jersey Open yesterday and prove a point to the organisers at the US Masters. The 37-vear-old. who feels that the whole of the European Ryder Cup team should have
        102 words
      • Article
        Andretti grabs pole position
        82 11 MICHAEL ANDRETTI wrestled and slid his Lola-Chevrolet to a pole position on Saturday, out-qualifying Al Unser Jr for the top spot in yesterday's Toyota Grand Prix of Long Beach. California. Andretti's fast lap of 145.074 kph was about 0.8 kph faster than Unser's 144.251 kph, ending
        82 words
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      120 11 WlllvLl $20,000 in our BT°lnvestment Race IWM |j| *|||'j 'I Ijttk Contest *1. Cut it out and collect the 1991 issue of Business Times, you will find a I Contest Entry Form. On the Contest Entry using the capital base you have accumulated il I actual market movements. The player
      120 words
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      108 11 A MfrvßX '-T..» ~y Special Dinner Promotion A La Carte also available T*<C ft 24 hours Coffee House Western and Local Set Dinner Special Set Dinner $45.00* Per Person e $18 (K)- Per Person Sichuan Set Dinner 6 $30.00** Per Person Combination Steamboat 6 $12.00« Per Person iM (min. 2
      108 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Ensuring good vibrations all year
      957 12  -  David Gabriel looks at some of the methods used by companies to motivate staff and boost their morale David Gabriel MOST managers accept that the motivation and morale of staff are important for the health of the business and the company. The more motivated the
      957 words
    • Article
      Lock icon Part-time workers are here to stay
      591 12  -  The expansion of a contingent work force of part-time, temporary or contract workers with no permanent ties to an employer is part of a fundamental change in many advanced economies today. Frank Swoboda reports Frank Swoboda IHT AS competition abroad and demographics at home
      IHT  -  591 words
    • Article
      MEMOPAD
      347 12 Seminars and courses Duration Title Venue Orgaaiser Td April 15 Recent Tax Mandarin APTIRC *****54 Developments Singapore In Australia April 15 How to Master ANA Hotel Eastern *****64 the Skills of Consulting C ustomer Groups April 17- Applied Marketing ANA Hotel Eastern *****64 19 Consulting Groups April 17. Effective
      347 words
    • Article, Illustration
      Lock icon Coming to grips with networking
      850 13  -  In its most common form, networking is an activity that has to go hand in hana with that popular current fashion of the late 1980s delayering. Christopher Lorenz reports Christopher Lorenz FT LIKE Chinese whispers, new management concepts have a nasty habit of acquiring less
      FT  -  850 words
    • Article
      Lock icon Knowing your place in the pecking order
      716 13  -  Sebastian Moffett reports on the importance of zen and etiquette in corporate Japan Sebastian Moffett Reuter IT IS spring time in Japan and, while lovers stroll hand in hand beneath the cherry blossoms, other young people are undergoing commando training courses or spending
      Reuter  -  716 words
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      122 13 WHAT HAPPENS Wl 111 Will Soviet President Mikhail Gorbachev wind up the ironic victim of his own reforms? Is Boris Yeltsin I powerful enough to take his place? And what are the implications for East/West relations if Gorbachev really j|l H i does relinquish power? B jf c Making sense
      122 words
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  • Page 14 Advertisements
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      1054 14 Illume Til MIIIIC. DIME AND ENTERTAIN WHERE TO WINE, DINE >ND ENTERTAIN WHERE TO WINE, DIME i^— A <^eave^ly^^east^ Sumptuous Sichuan cuisinc. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Dclicatc Yangzhou Dianxin. Dinner:6.3op.m. to lO.Mp.m. 1% INCI'S A MI;M,UR ok cm. lion is im Mil .sim..\wiki Havelock Koail,Singapore 03U>.
      1,054 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      564 14 TELEVISION AND RADIO P I SBCI2 Vd ZZT s—'•5— business on radio C3.SC 01 COIOUT 7.00 M CHN,U <M. Us, ST^F^cTnL A 8.30 Close. episode). 8.00 National News (M). 5.30pm, 3.2saiii. Financial News 6.30 PM CNN International < I.). 9.00 News at Nine. Fast An- RADIO 5, 92.4 mHz in
      564 words
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  • THE ARTS
    • Article, Illustration
      Lock icon His most beautiful marriage
      775 15  -  Mary Campbell listens to Sir Georg Solti recount the good times he has had with the Chicago Symphony over the last 22 years Mary Campbell AP SIR Georg Solti calls his 22 years as music director of the Chicago Symphony the "best marriage" he's ever had.
      AP  -  775 words
    • Article, Illustration
      Lock icon Escapist entertainment in style
      802 15  -  Frank Rich finds the real impact of Miss Saigon goes well beyond any literal reading Frank Rich NYT THERE MAY never have been a musical that made more people angry before its Broadway debut than Miss Saigon. Here is a show with something for everyone to
      NYT  -  802 words
  • Page 15 Advertisements
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      244 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? MONDAY TO FRIDAY, NOON TO 2.30PM. $31.00 H-t^HHk'Sr^'-ilb^^Scper person. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing ambience of
      244 words
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      Page 15 Advertisements Column 2
      111 15 MINTON The Rcilaaraal Where L'isu would i/ou umlee an cxuadiiv decision? For an important business lunch or dinner, jvhat coutd be more impressive than traditional European cuisine and fine wines served in an elegant restaurant right in the heart of Orchard Road? From $23+ for The Executive Set l unch
      111 words
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      Page 15 Advertisements Column 3
      57 15 I Th e freshest, liveliest seafood place in town. 0 j Yon I! have to go a long way to find seafood any fresher. Lunch: 12 noon 2.30 pm. Except Sunday. Dinner: 6.30pm 11.00pm. lIIF PI t( UVM I rHr MN P«(.IFIC HOTfl MNC.API>«fe M4RINA IMtH t-s HOI'I tv \ltl>
      57 words
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      Page 15 Advertisements Column 4
      138 15 "SPLENDOURS OF SPRING" r CHINA CHINA RESTAURANT 1 APR TO 31 MAY 91 > A whole new season of gastronomical adventure to savour the finest selection of Hong Kong's Springtime menu. Splendidly prepared by four of CHINA CHINA'S resident masterchefs from Hong Kong. Jk MARINA BAY GOLF 8c COUNTRY CLUB
      138 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market expected to continue consolidating
      4856 16  -  By Magdalene Ng TRADING PROSPEC TS remain bleak for the loeal stoek market this week, with investors away for the llari Raya celebrations and lack of fresh news both here and overseas. In their weekly reports, anuKsts sa\ that technical short-term indicators are looking negative.
      4,856 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4272 17 Main Board OCBC Foreign 1090 >40 3.8% Fu Van Sang 406 +26 +6.8% GPBSS1.60 360 t 26 +7.8% Jurong Ship50* 830 +20 +2.5% Spore I and 685 f 20 f 3.(1% Spore Bus 500 620 1 20 3.1% C&C 535 +20 3.9% Roth Inds50« 520
    4,272 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Summer descends on a cautious Wall Street
      689 18 Lingering anxiety over interest rates and corporate results 'NEW YORK FT SUMMER descended on Wall Street a weekend ago. The sun came out. The baseball started. And, on Monday at least, a fair number of traders appeared to have decamped to Shea stadium,
      FT  -  689 words
    • Article, Illustration
      Inflation stats: read 'em right
      853 18  -  Last week's figures given the maximum gloss by the Tories LONDON By Ray Heath WITH JOKES, it's the way you tell 'em. With statistics, it's the way you read'em. Noone has mastered this art more completely than the British politicians, especially when a general election
      853 words
    • Article, Illustration
      Lock icon Stock prices ease in dull trading
      345 18 AFP SHARE PRICES fell moderately during the week in dull trading on the Tokyo Stock Exchange (TSE), with the Nikkei Stock Average closing on Friday at 26,582.50 yen for a 184.83-yen or 0.6 per cent loss on the previous week. The key market indicator
      AFP  -  345 words
    • Article
      Lock icon ASIAN MARKETS ROUNDUP
      1137 18 AFP HONGKONG SHARE PRICES dropped sharply on the Hongkong market last week due to uncertainty over Sino-British talks in Beijing on Hongkong's mammoth airport project. The Hang Seng Index shedded 107.15 points, or 2.8 per cent, to close at 3,742.0 on Friday, after months of continuous weekly
      AFP  -  1,137 words
  • Page 18 Advertisements
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      161 18 VNI aw BANKING, FINANCE 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
      161 words
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      Page 18 Advertisements Column 2
      12 18 llie Sun Hung Kai report on the Hongkong market was not available
      12 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices close broadly lower
      4479 19 MBT SHARE PRIC ES underwent further eorreetion to finish widely easier on the Kuala Lumpur stoek market last week. Much damage was done in the first two days of the week. Hopes that the correction and consolidation phase would be over when the market recovered
      MBT  -  4,479 words
  • Page 19 Advertisements
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      331 19 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHIPLEY-STS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at
      331 words
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      Page 19 Advertisements Column 2
      345 19 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF CHOOM WOH FOUNDRY PTE. LTD. (In Member* Voluntary Liquidator) At an Extraordinary General Meeting of the abovenamed company duty convened and held at 101-A Upper Croat Street. •11-22. People* Park Centre. Singaporeoloson Monday. Bth day of
      345 words
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      Page 19 Advertisements Column 3
      370 19 f OFFICIAL NOTICE 1 We, SIN FA SHIPPING PTE LTD, 10 Anson Road, #14-19/20, International Plaza. Singapore 0207, hereby give notice that In consequence of the Intended change of name of ship, we have applied to the Registrar of Singapore ships, under Section 417 of the Merchant Shipping Act (Chapter
      370 words
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      Page 19 Advertisements Column 4
      369 19 f OFFICIAL NOTICE 1 We, LIAN JIN SHIPPING PTE LTD, 10 Anson Road, #14-19/20, International Plaza, Singapore 0207, hereby give notice that In consequence of the Intended change of name of ship, we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Act (Chapter
      369 words
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  • WORLD STOCK MARKETS
    • Wall Street rises on upbeat inflation data
      • Article, Illustration
        NEW YORK
        1311 20 THE NEW YORK stock market ended the week on a strong note on Friday, with three leading indexes posting records. Investors were heartened by the first decline in the Consumer Price Index in five years, which renewed hopes that the Federal Reserve would reduce interest rates soon. The
        1,311 words
      • Article, Illustration
        LONDON
        739 20 LONDON share prices finished lower on Friday as the market failed to respond to a drop in the British inflation data for March to 8.2 per cent from 8.9 per cent in Februai7. "The numbers were dead in line with expectations. It was already in the market," one trader
        739 words
      • Article
        AMSTERDAM
        271 20 DUTCH shares closed mixed on Friday as position squaring in the last hour of trade eroded most of the gains posted a little earlier on lower-than-expected US inflation data. The CBS Tendency Index ended 0.1 points higher at 95.8, after peaking at 96.2. "After trading nearly unchanged for most
        271 words
      • Article
        Untitled
        128 20 ——I—— Brussels Apr 12 Francs J FORWARD MARKET Acec 2540 -HO Arhed 4115 -85 Astur HW +14 Brascan 580 4 C'anpac HO 5X9 Cock 171 [)e Beers 778 4 Ebes 8670 Gb-lnno-Bm 1348 22 (ievaert 7500 unch Cir Bru Lamb 3870 90 Hobok Petro 725 150 i Ryl Dutch 2750
        128 words
      • Article
        PARIS
        223 20 FRENCH stocks on Friday came ofT sharply from the day's highs as Wall Street failed to follow through from its strong close on Thursday. The CAC-40 Index came down from a day's high of 1.837.64 in late trading to close 0.23 per cent lower at 1.821 on volume of
        223 words
      • Article
        MILAN
        165 20 ITALIAN shares closed higher on Friday with the market as a whole being boosted by strong speculative and technical buying of Generali shares. Overnight gains in New York and hopes of an imminent end to the domestic political crisis encouraged the market. Traders said a combination of rumours and
        165 words
      • Article
        STOCKHOLM
        43 20 STOCKHOLM prices on Friday closed broadly higher in slow trade, mainly as a result of strong Wall Street gains overnight. The Bourse General Index rose 0.87 per cent to 1,084.70 in turnover of 287 million crowns. Blue chips gained 1.43 per cent.
        43 words
      • Article
        JOHANNESBURG
        362 20 JOHANNESBURG share prices closed mixed to firmer on Friday in a quiet and cautious market ahead of the weekend, and in the absence of any fresh stimulus. The JSE All-Gold Index closed unchanged at 1,067 after easing to 1,058 earlier, reflecting modest interest in the afternoon amid a shortage
        362 words
      • Article
        TORONTO
        242 20 TORONTO stocks on Friday recovered in late trade to close slightly higher in moderate trade with banks leading the way after the Bank of Montreal cut its prime rate 25 basis points to 10.5 per cent. The market tumbled earlier when the Fed did not ease the prime rate.
        242 words
      • Article
        FRANKFURT
        273 20 AN INTEREST rate cut in the UK and unexpectedly favourable German prices data sent share prices sprinting higher midway through Friday's session. Ihe 30-share DAX Index gained 17.77 points, or 1.1 per cent, to its highest closing level of the week at 1.583.14. "Sentiment in the market is amazingly
        273 words
      • Article
        ZURICH
        363 20 ZURICH share prices on Friday finished higher in moderate trading ahead of an extended holiday weekend, underpinned by the overnight gain on Wall Street and news of a surprise decline in US March consumer prices. The allshare SPI Index rose 8.9 points, or 0.83 per cent, to 1,083.1 and
        363 words
      • Article
        Untitled
        82 20 April 12 Close Previous NEW YORK Dow Jones 2.920 79 2.905.45 f 15.34 NYSF Financial 152.17 152.07 +0 10 S&P500 380.40 377 63 2.77 Turnover (million) 198.6 196.6 2.0 LONDON Financial Times 30 1,997.5 2.002.2 -4. FTSE 100 2.526.1 2.531.6 -5.5 Turnover (million) 612.5 513.8 +98.7 AMSTERDAM CBS Tendency Index
        82 words
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      51 20 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      51 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar ends higher in quiet trading
      403 21 NEW YORK Reuter THE US DOLLAR closed higher on Friday in mostly quiet trading, as the Federal Reserve apparently failed to ease monetary policy in the wake of data showing consumer price inflation has moderated. "It was a replay of last Friday. What
      Reuter  -  403 words
    • Article
      Lock icon Currencies mixed against greenback
      818 21 ASIAN CURRENCIES AFP ASIAN CURRENCIES were mixed against the US dollar during the week with the yen moving up moderately as investors watched the course of the US economy and interest rates. The Malaysian ringgit, the Philippine peso and the Singapore, Hongkong and Taiwan dollars rose
      AFP  -  818 words
    • Article
      MONEY MARKET
      398 21 Cross rates A Pr .3 USS SS MS Dm Yen SFr AS NZS USS 1.7590 2.7370 ***** 136.30 0.5591 1.4255 1.2763 ***** SS 0.5685 1.5560 0.9568 0.7749 0.3179 0.8104 0.7256 0.9478 MS 0.3654 64.27 0.6149 0.4980 0.2043 0.5208 0.4663 0.6091 Dm 0.5942 1.0452 1.6263 80.99 0.3322 0.8470 0.7584
      398 words
    • Article
      INTERBANK FOREX RATES
      559 21 Interbank rates S$ Bid Offer Overnight 4 5/8 4 3/4 1-month 4 1/2 4 5/8 2-month 4 5/8 4 3/4 3-month 4 11/16 4 13/16 Overnight mode: 4-11/16 US$ High Ixw 7 days 6 1/16 5*7/8 1 month 6 1/16 5 15/16 2 months 6 1/16 5
      559 words
    • Article
      Lock icon Analysts expect further cuts in UK interest rates
      405 21 Reuter BRITAIN'S Conservative government, looking ahead to the next general election, may try to lower interest rates to 10.5 per cent by the end of the year. But the next cut may not take place until the summer, or after government data
      Reuter  -  405 words
    • Article
      Lock icon US Treasury securities rally in wake of good inflation news
      290 21 Reuter US TREASURY securities' prices ended higher across the board as bullish sentiment swept the market in the wake of good news on inflation and the sight of cheap federal funds, dealers said. The key 7-7/8 per cent 30year Treasury
      Reuter  -  290 words
    • Article
      Lock icon Markets still unsure of Fed's intention
      286 21 Reuter IF THE US Federal Rcserto has not yet eased credit, it i likely to do so in the days ahead, economists said. The market remains confused by the Fed's drain inn tn reserves from the banking system on Friday, seeing it, m best,
      Reuter  -  286 words
    • Article
      Wild dollar swings fail to provoke gold
      459 21  -  GOLD FINANCIAL FUTURES REPORT Sing Bullinn A SHARP dollar sell-off boosted spot gold from last Monday's low opening of U*****.80/$359.30 to Tuesday's high of U*****.70/ $365.20 but it quickly faded when no stop-loss or follow through buying emerged. Subsequent wild dollar swings failed
      459 words
    • Article
      FINANCIAL FUTURES
      305 21 IMM A£LH DEUTSCHCMARK Open High Low Sett Vol Op/Int j un <j| 0 5917 0 5974 0.5895 U5947 43.891 70.070 Sep 91 0.5870 0 5926 0.5862 0 5903 EURODOLLAR Open High Low Sett Vol Op/Int j un 91 93 66 93.75 93.63 93.71 84.620 746.780 Sep 91 93
      305 words
    • Article
      PRIME LENDING RATES
      462 21 BANKS ABN Bank 8 Allied Irish Bank PLC 8 \mencan Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8'/« Arab Bank PLC 7'/. ANZ Banking Group 8 Ban Hin Lee Bank 7Y« Banca Commerciale 8 Banco do Brasil 8 Bangkok Bank 7Y« Bank Bumiputra 8
      462 words
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  • COMMODITIES
    • Article
      Lock icon Analysts puzzled over 15pc rise in oil prices
      535 22 Reuter A 15 PER CENT rise in oil prices in the past two weeks to levels not even seen during late stages of the Gulf War has puzzled more than a few analysts. The price of North Sea Brent on the London
      Reuter  -  535 words
    • Article
      Lock icon Commodity price fall may be over, says report
      284 22 AP THE WORST of the commodity price falls caused by the slowdown in world economic growth may be over, according to reports from the industry released on Friday. Figures for the first quarter of 1991 show that several key indices of commodity
      AP  -  284 words
    • Article
      Lock icon Brent prices rise on news of fall in oil stock
      906 22 REPORTS AFP NORTH SEA Brent crude priccs rose to their highest level for a month last week, supported by news of a large drop in United States stocks of crude oil and gasoline. The rest of the commodity markets were
      AFP  -  906 words
  • Article
    PRICES
    1143 22 Rubber RAS (tab in bates) S cents/kg Int 1 RSS Close 144.75 145.00 144.25 145.00 Apr 12 145.25 MRELB (tab in bales) M cents/kg Int 1 RSS Close 225.50 225.50 225.50 225.50 225.50 LONOON (Apr 12) pence/kg Close Previous 1 RSS May 91 51.00/52.00 2 RSS Mav 49 50/50.50
    1,143 words
  • Page 22 Advertisements
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      832 22 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 108 BUILDING t>4 CECIL STREET SINGAPORE OFFICE SPACE FOR LEASE (ith FLOOR V V AT THE JUNCTION OF CECIL STREET AND CROSS STREET 6 STOREY MODERN BUILDING TWO MINUTES WALK FROM RAFFLES MR r STATION AREA 3000 SO FT APPROX. CAR PARK AT BASEMENT
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      Page 22 Advertisements Column 2
      26 22 For further information on which newsstands carry Singapore Business, Her World, Go, Home Decor, Young Parents, please call our Customer Services Section on 740-1839 or 740-1840.
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      Page 22 Advertisements Column 3
      12 22 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page i
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1130 23 City Flight ETA Flight ETD j City Flight ETA Flight ETD fldalaida SQ228 1905 SQ227 2200 671 1800 SQl 14 1745 Amsterdam KL84I SQ23 1055 1240 KL842 2035 SQl 13 MH613 MH6I5 SQl 15 1805 1850 1945 2005 SQl 16 MH614 SQl 18 MHO 16 1845
    1,130 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Cruising in comfort along the coast
      809 23  -  POSTCARD FROM FRANCE By Angela Wigglesworth IT WAS difficult to see where the grey sky stopped and the grey sea began as our catamaran with its bulging white hulls drifted towards the quayside in the morning mist. We were going to sail along the
      809 words
    • Article
      MONEY CHANGER RATES
      156 23 As at 3pm on Apr 12: liical dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.370 1.390 Canadian dollar 1.513 1.S33 NZ dollar 1.025 1.055 Sterling pound 3.128 3.148 US dollar 1.7530 1.7630 Utcal dollars to 100 units of foreign currency Austrian schilling
      156 words
    • Article
      WORLD TRADE EXHIBITIONS
      75 23 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel April XVI International Buenos Chamber of (541 )6W>4 pn International Milan Ente Manifesta- *****181 11-26 Furniture Aires Manufacturers 12-17 Furniture zioni Commercio Exhibition of Furniture Exhibition Expomueble 91 Hacacay April International Utrecht, Koninklijke (31)*****91 15-19 Packaging Netherlands
      75 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      41 23 Kokkola? It's the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We knuw Kurope fnim stmt to Finnish
      41 words
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      Page 23 Advertisements Column 2
      42 23 Hari Raya mmmm M mm* f I V# I I SY L t I I mm Im |mß([ 1 J&j 3 But what is it all about? Mu s t you remove your shoes when visiting a r IXm/J Malay home tomorrow?
      42 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      336 23 6 Sharp comer offers an at- pi Hi HI tractive viewpoint (5,5) r I I 8 One who looks to the fu- bJ ture 9 Reassuring comment sought in a thesaurus (5.4) Register bad lot HB ~HB a yards JH cut from a reel length (3) 11 I I 13
      336 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      224 23 wrwyrrrrrmmmm Singapore Outlook: Showers over man) areas in the late afternoon and early even- in*Forecast Maximum temperature 34.1* C Assoc humidity 49% Minimum temperature 25.4* C Assoc humidity 93% Hours of sunshine 6.75 Rainfall in mm Nil Rainfall this month 30.5 Rainy days this month 4 World report Asia-Pacific Hi/lx>*
      224 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      42 23 t:il»kift.MAW!l»!ig?l sßeaXing.. yes... ue.ought one i/_p\ I v thin< ue H£j£D ft"\ ves... \t uorkcd or tvke. Mice this i UHb H£fi£ J J ImORNiNG J IS" —ITT V excuse mc ■tS SVV V f|jB^ C EVENING STANDARD CO LTD. IN2-IMI OxJ»
      42 words
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  • Article
    Mooted: S'pore investment zone in Hainan
    609 24  -  Investors welcomed to take charge of development From Yong Pow Ang in HAINAN A SINGAPORE investment zone can be set up in Hainan in which more attractive incentives will he given exclusively to investors from the Republic, says Hainan governor Liu Jianfeng. In an
    609 words
  • Article, Illustration
    Lock icon Malaysia questions Australian battery curb
    253 24 Bernama MALAYSIA'S International Trade and Industry Minister Datuk Seri Rafidah Aziz feels Australia's move to restrict the entry of Malaysian-made batteries is a form of trade barrier which Malaysia frequently faces from developed countries. She said Malaysia had long explained to the developed countries that
    Bernama  -  253 words
  • Article, Illustration
    Lock icon Hold talks with opponents, Gorbachev urged
    557 24 Reuter RUSSIA'S populist leader Boris Yeltsin has issued a new appeal for dialogue between President Mikhail Gorbachev and the disparate political forces ranged against him, saying failure to talk could lead the Soviet Union to ruin. Mr Yeltsin was speaking in a radio interview
    Reuter  -  557 words
  • Article, Illustration
    Rajiv's party brushes up for the polls
    44 24 A Congress (I) Party worker dusting a white-clad life-si/ed cutout of party leader Rajiv Gandhi in New Delhi yesterday. India's former ruling party is preparing for elections next month which it hopes will return it to power.
    44 words
  • Article
    Lock icon Poland's first post-war stock market set to open
    421 24 AP ABOUT 100,000 shareholders in Poland will learn what their stocks are really worth tomorrow when Poland's first post-war stock market opens in the old headquarters of the communist party. "I'm not afraid of the former owners' ghosts." joked Leslaw Paga. head
    AP  -  421 words
  • Article
    Lock icon More Japanese firms go bust
    176 24 Asahi THE NUMBER of Japanese bankruptcies in fiscal 1990, which ended on March 31, rose 7.6 per cent from the previous year, the first year-on-year increase since 1984, according to the results of a survey released last Friday. The number of firms declaring bankruptcy with
    Asahi  -  176 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      76 24 PiageT /oaiu.ii;/; nx m mx,wi; im is 1x74 (,'IiXHVI' I at Ixv associate pumps up the investments, Pg 3 IS a INTERNATIONAL LOCAL MOVING I lister comoanv of A OFFICE FACTORY REMOVALS I Vl,ed Van Unes. ST RAGE RETR EVAL I SJorth America's A WAREHOUSING ALL RISKS I eading movers
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      Page 24 Advertisements Column 2
      212 24 PlygeT /oAium en imiixmn imi/s m GENEVE MtCROCASS€TT€ R€CORO6R fm Pearlcorder S9BO The new Pearlcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape itself.
      212 words
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  • Shipping Times
    • Article, Illustration
      Nippon Express expands services in S-E Asia
      435 25  -  Company will use Singapore as a cargo hub By Rahita Elias JAPAN-BASED Nippon Express is strengthening its coverage of the various South-east Asian markets by expanding its trucking and warehousing services, using Singapore as its cargo hub. Managing director Minoru Shimada told BT
      435 words
    • Article
      Lock icon EC puts pressure on Tokyo over port duty
      176 25 Reuter THE European Commission has written to the Japanese government hoping to pressure it into ending a special port duty which leaves European Community shipowners US$4 million (Ss6.B million) out of pocket every year. A ship arriving at a Japanese port has
      Reuter  -  176 words
    • Article
      Lock icon Sri Lanka clears 150 passengers from detained ship: report
      241 25 AFP THE Sri Lankan government has decided to evacuate about 150 passengers, mostly Turkish nationals, from a foreign ship detained at Colombo port for a breach of contract, a newspaper said last Saturday. The state-run Daily News said the government had
      AFP  -  241 words
    • Article
      Lock icon S Korea puts off high-speed train project
      170 25 AFP SOUTH KOREA has put off* until next year a high-speed train project linking Seoul with the southern city of Pusan because of organisational problems, the chief of the project said on Friday. Kim Jong-Koo, director of the High-Speed Train Planning Office, said
      AFP  -  170 words
    • Article
      Lock icon Renew world fleet to boost safety, shipping conference told
      399 25 Reuter REPRESENTATIVES of the international shipping community callcd last week for a renewal of the ageing world fleet and more training of crews in order to help avert disasters at sea. "The accident rate is showing signs of rising, after a
      Reuter  -  399 words
    • Article
      MOL expects Lahore service to pick up
      332 25  -  By Magdalene Phang RESPONSE to a recently launched rail-sea service for full-container load cargo from the inland city of Lahore in Pakistan to Japan and the US west coast has not been good. Japanese shipping major Mitsui OSK Lines (MOL), which launched the
      332 words
    • Article
      Lock icon Call to drive carefully during the Hari Raya holiday
      307 25 Bernama PEOPLE driving to Malaysia for the Hari Raya holiday have been advised to plan their trips well in advance to ensure that they have a safe journey. Selangor Mentri Besar Tan Sri Muhammad Haji Muhammad Taib said drivers needed to
      Bernama  -  307 words
    • NEWS SUMMARY
      • Article
        Malaysian challenge to S-E Asian shipyards
        59 25 AFTER 15 years in the red. Malaysia Shipyard and Engineering has made a remarkable turnaround, and is now the country's premier yard for ship repairing, construction and engineering. In fact, it has reached a level where it is turning out to be a serious
        59 words
      • Article
        Kvaerner Engineering plans to acquire RJB
        56 25 OSLO-BASED Kvacrncr Engineering plans to acquire control of offshore engineering consultancy firm R J Brown and Associates (RJB). Earlier this month, the Norwegian firm struck a deal with RJB to buy a 60-per-cent stake in the latter, with an option to increase the shareholding
        56 words
      • Article
        US and Canada hold talks on air traffic pact
        46 25 THE United States and Canada have begun talks on an air traffic pact which could give Canada's two main airlines greater access to the IJS market, but expose them to stronger competition from US carriers Back Page
        46 words
      • Article
        Threat to the Mediterranean
        53 25 THE FIRE raging on board a leaking supertanker off Italy may be the very thing to prevent the accident turning into an ecological catastrophe for the Mediterranean. The tanker has been burning in the Bay of Genoa since Thursday when an explosion killed three of its
        53 words
    • LOG BOOK
      • Article
        Folec to distribute Meridian systems
        86 26 OLEC COMMUNICATIONS has been appointed Singapore distributor of Northern Telecom's Meridian SL-1 and the Meridian 1 PABX systems. Last January. Folec, partly owned by Steamers Maritime, had been awarded the distributorship to sell Northern Telecom's Meridian Norstar telephone systems. Mr Teo Lai Seng, Folec managing
        86 words
      • Article
        Evergreen orders 3 box ships
        90 26 EVERGREEN INTERNATIONAL has signed an order for three new container ships on April 1. The vessels, which can carrv up to 3,388 20-foot equivalent units (TEU), are due for delivery in 1993. The first will be delivered in late March, followed by one in late
        90 words
      • Article
        Course on cargo handling
        61 26 SHIPPING COMPANIES' staff can learn more about cargo handling and shipping at a course organised by Computor Lord Industrial Training Centre. The course, costing $448 per participant, is a Skills Development Fund (SDF) ap-proved-in-principle course. Comprising 10 sessions, the course will start on May 7. Each
        61 words
      • Article
        P&O, Ben Line win awards
        108 26 P&O Containers and Ben Line have come out tops in the British Shipper and Forwarder Shipping Line of the Year Awards, 1990/91. P&O Containers was voted "Shipping Line of the Year" by UK shippers and forwarders. This is the fourth time in six years that
        108 words
      • Article
        Japanese dockworkers strike
        63 26 DOCKWORKERS began a 48-hour strike at Japan's major container ports on Saturday, demanding better pay and benefits, said a spokesman for the National Council of Harbour Workers' Unions. The strike took effect at the start of business on Saturday morning and will last till today, affecting eight
        63 words
      • Article
        MAS to mount more flights
        48 26 MALAYSIAN AIRLINES (MAS) is providing 62 extra flights with additional 6,556 seats from Kuala Lumpur to Lahad Datu, Labuan, Sandakan and Tawau during the Hari Raya season. The extra flights are from April 12 to April 22, an MAS statement said last week.
        48 words
    • Article
      DAILY FREIGHTS
      1129 26 CHARTERING in the dry cargo freight market on Thursday was most active in time-charters although some single voyage routes were also fixed firmer, brokers said. The Baltic Freight Index was marked down five to 1,588 reflecting volatile conditions earlier last week. However, the key US Gulf/Japan grain route
      1,129 words
    • Article, Illustration
      Lock icon Steaming ahead with confidence
      933 26 After 15 years in the red, Malaysia Shipyard and Engineering has made a remarkable turnaround and is now set to challenge other shipyards in the region Bernama Malaysia Shipyard and Engine e r i n g (MSE) long regarded as an ugly duckling among Malaysia's public
      Bernama  -  933 words
    • Article
      COCKETT BUNKER MARKET REPORT
      768 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more compre- I hensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index
      768 words
    • Article
      THE SHIPPING GUIDE
      10680 34 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
      10,680 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        624 41 I *0V No Beth torn* Ifcpartm J V«smI (to* No B*Ui Arrival Dcpartive Keppd Wharves Udomrat 1 23K 91 MIA lb 04/I100 15 04 2159 Con Gassan 16A26 K32 jlun>;sKJe 1/04 0600 237 01 91B M5A lb 04 lbOO 1604, 0300 Esperaiua Ac 18 K29 alongside 14
        624 words
      • Article
        CONTAINER SCHEDULE
        1357 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsKs Ship Voy No Etb/Btr Period From To From ACX Jade 428 16/0400 1 14/1500 14/1659 14/1900 ACX Lotus 118 16/1100 1 14/1500 14/1659 14/1900 2 14/1700 15/0659 15/0900 Agostin Neto 04 91W 16/0330 1 14/1500 14/1659 14/1900
        1,357 words
      • Article
        IN MALAYSIAN PORTS
        278 41 Penang Port Berth in Butterworth on Apr! 14: 1 Kammk. 2 Li Heng. 3 Parnassos; 4 nil; 5 ACX lade; 6 lampung Penang Wharf NB ml; CB ml; SB USS Jason BCT: Bl Bi Ryu Gang. BB Wan lae San. I/B Pacific Gembira VOIP; Santa Maria Due
        278 words
    • Article
      Kvaerner Engrg plans to acquire consultancy firm
      399 42  -  By Dexter Lee OSLO-BASED Kvaerner Engineering is planning to acquire full control of offshore engineering consultancy firm R J Brown and Associates (RJB). Earlier this month, the Norwegian firm struck a deal with RJB to buy a 60 per cent stake in the
      399 words
    • Article, Illustration
      Lock icon US and Canada begin talks on air traffic pact
      381 42 Financial Times THE United States and Canada have begun talks on a new bilateral air traffic pact which could give Canada's two main airlines greater access to the US market, but expose them to stronger competition from US carriers. Doug Lewis,
      Financial Times  -  381 words
    • Article
      Lock icon Jury fails to reach verdict in Thames disaster trial
      181 42 UPI THE Thames river-boat disaster trial ended in London on Saturday when the jury was discharged, unable to reach a verdict. On the night of Aug 20, 1989, 51 people died when the river-dredger Bowbell rammed the Marchioness pleasure boat. The
      UPI  -  181 words
    • Article, Illustration
      Lock icon Fire raging on tanker may help avert disaster
      329 42 Reuter THE FIRE raging on board the leaking supertanker off Italy may be the best thing to prevent the accident turning into a full-scale catastrophe, an ecology expert said. "One thing we know for certain is that we mustn't put out that
      Reuter  -  329 words
    • Article
      Lock icon EC imposes tough controls on mergers
      397 42 Financial Times STRICT CONDITIONS have been imposed by the European Commission on a link-up between French and Italian producers of telecommunications equipment. In a further indication of its tough application of new European Community merger controls, the Commission also overruled a German request to
      Financial Times  -  397 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      199 25 ECS MARINE AUTOFAX (UK) SERVICES INCLUDES 1. CREDIT REPORTS 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING Call 2241 890 for Jill FREE Demostratlon Package Every 3,000 Years Or So, An Innovative Approach 1o Containerization Changes History I This is a story of mythic proportions. all around the
      199 words
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      Page 25 Advertisements Column 2
      28 25 Cockett Report 2 Container Schedule 1? Qarfy Frnghts 2 Into to Advertisers 3 Shipping Guide 10.11 Ships m Port V Singapore Tries 17 Weather and Sea Conditions 17
      28 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      61 26 NOTICE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE Notice to Shippers Extra Risk Surcharges Further to the announcement on 15 March 1991 the Member Lines have agreed that Extra Risk Surcharges for Aqaba should be withdrawn with effect from cargo loaded in ocean vessels advertised and scheduled to
      61 words
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      Page 27 Advertisements Column 1
      2236 27 AmVIVf .1)0 Cantonment Road #12 05 Southpomt. Singapore 0208 \lllWW f-i itux no rs zun mm m ill f ierminal m *****18 220 EVFAAAfIrI bookings M *****34 258 L Xfffj M PESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KEIANG Til: *****18 NO MAJ9477/MA***** PENANG TEL *****4 TELEX NO MA4OO/3 CFS
      2,236 words
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      Page 27 Advertisements Column 2
      1305 27 MDEXI tomwrtisers Pane <«l I'W C«l I*l I M I AIM'( oataincrlinc 12 I Ml Klrwdg 13 1/2 Accord (iroup X 1-3 Mac-Nds Agencies 14 1/2 Macolinc 9 4/5 AhrcnUH Liner 6 Madju Sdn Bhd 15 1/2 A lan l .vpkr 5 5 #N|a rsk ,m, 4/5 Allicd-I ink IA
      1,305 words
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      Page 27 Advertisements Column 3
      2206 27 mamsnassm NEXT VESSEL TO U.S.A. METTE MAERSK V.9104 ETA 16/4/91 Vessel Voy EfA I ETD 'Port "Penang DESTINATIONS Singapore Kelang Thn Wetie Mae'sn 9104 Feede- by i«/ 4 0800 h«s r«'co HHI CFS 1«M 7359 HRS M Tauro OAK LGB HOU MEM ATL M'A CHS BAL PHI NYC MON TOR
      2,206 words
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      Page 28 Advertisements Column 1
      1262 28 T Irottedam I VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP IF HAVRE KITANO 07/314 16/4 3/5 5/5 7'5 0 jEBIBI HAMBURG EXPRESS 02/115 19,4 'J ifSTRdUMI P KA?suR V AG, fXPRESS S/H6 »4 16 5 H/5 \ll PE*AI« aMO THAMES «/3 !S 15/5 17/5 20/5 ?1/5 TOU^CONTWNTmU i 1 c£iiup *****
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      Page 28 Advertisements Column 2
      574 28 ra DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I J BONTANG 2103E 25/4 12/5 15/5 20/5 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA ft NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX SAI (PERU) L J BONTANG 2103E 25/4 3/6 4/6 7/6 9/6 10/6 Agents
      574 words
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      Page 28 Advertisements Column 3
      1488 28 EltlAgfA &XM* REGULAR INDEPENDENT FULL COHTAIWEW SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA V L,VU (VIA (VIA (VIA ALG) HAM) ROT) NORASIA MUBARAK 9106 3 16/04 05/05 06/05 09/05 10/05 11/05 12-05 13/05 14» NOR ASIA AL MANSOORAH 9107 3 21/04 11/05 12/05
      1,488 words
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      Page 29 Advertisements Column 1
      2024 29 SjsSteamers Maritime Holdings Ltd P&O Containers mLMm ACCEPTS OUt SAILS Vo, Nu P*n>PW Spore Sou Ant Hut Hb| CARGO REG'NA MAfRSK 9lofc 06,04 0004 l.'M fto4 j"* BINTANG BE.LAIT VO7E Bint Miri. KB Daily In Port 13 Apr LIVERPOOL BAY 0512 i*M 080« lIM 30 04 0205 0405 ctd4it< UFMTiipr
      2,024 words
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      Page 29 Advertisements Column 2
      1917 29 ITO- US A /PANAMA en USA/PANAMA I IK MM SAY CRI IGO OAR SP SP OAK IGa c*l FDB SAW NO* NYC PANAMA SIN DA 111 11/J tW IW M l M' 3 Vf JM ASIAN SI NATO* IF 115 *M 1» l'/5 2iS J* «J CHOYANG fOONtIIR «A 11)
      1,917 words
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      Page 29 Advertisements Column 3
      408 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL VOY |SP PK KUC KK ORANGE OCEAN 9 In Pt 14,4 17.'4 ZUIJIN 1 IN PT EASTERN PEARL 3 17/4 CHAMPION TRADER 16 20i4 AMBALIKA "tO 20,.'4 TWIN SISTER ~~6 19/4 COSMIC CHALLENGER 6 19/4 21/4 164 TANJUNG EMAS IS
      408 words
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      678 30 MHI CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOY {TTORT"! ROAM;ADAM H BURG BREMEN ANTWERP SRIWIJAYA/31WB 13,4 IVS gj| KUTAI22WB lfl 916 14/6 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement AI»o accepting cargo to Casablanca. Port Said Port Alexandria. Ganoa. Trlaate AtSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL
      678 words
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      Page 30 Advertisements Column 2
      1156 30 i 4 $5. HANJIN SHIPPING I FEEDER VSL SIN LINE HAUL LAX OAK S pore LEH RTM ANR HAM BRV FEL IHANIIN OAKLAND 013E 24,4 H ROTTERDAM OI4E 20 423 5 HANJIN LEHAVRE 012W 21« 9 5 10 5 11 5 11 5 12 5 13 5 HANJIN ROTTERDAM 014E
      1,156 words
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      Page 30 Advertisements Column 3
      46 30 anna SCAM uoyd shipping PTE ltd I blk us aljunieo ave 2 #06-106 \MOOM s,ngapore 1438 tel *****22 WEEKLY (MON. THURS) VSL. KUALA A REGULAR SERVICES TO DUMAIPEKANBARU SPECIALISE IN PROJECT CARGOES FOR ALL INDONESIAN ALSO S SPECIALISING IN WAREHOUSING AND STORAGE CONTACT MISS YVONNE CHUNG
      46 words
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      Page 30 Advertisements Column 4
      1299 30 IPKI SGP HKG KSC KIG PUS HKT OS* NCY SM2 TYO LAX CHS SAL NYC LHV ANM ROM THP HOC PSO CMB PR I SGP I E GREET RE 012 14,4 I»<4 231 2*4 K 4 «4 1/5 3,5 4/5 5,5 tft 17/5 2*5 115 2/4 11* 12* 13/4 14*
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      Page 31 Advertisements Column 1
      1972 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) JTj BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****18 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 JV TERMINAL OFFICE *****22 DOCUMENTATION OEPT: *****44/*****14 MM CFS: K27- 1MP0RT:*****69/*****50 CFS: K27 EXPORT: *****53/*****04 o|pC NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33. P. Kefana-(03) *****87, P®nana-(04)
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      1118 31 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 EASTBOUND LOADING FOR WESTBOUND VtSStLS VOYAGt |SPQ»t |MAVL*| H«QWC" VOTACt STORE PttLANC MBURC BHAVtN TILBURY WOTT AWTIItUP
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      1445 32 Kt* w AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) w TEL *****77 TELEX: KAWAKi R*****5 FAX: *****79 IV] BJ MALAYSIA: *K" UNE MARITIME (MALAYSIA) SDN BHD |j 1 WtJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI K3SEII KAISHA. 'NDONESW: P.T. SARANAIAUT INTERNUSA TEL: JKT
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      Page 32 Advertisements Column 2
      1208 32 PHIU OMCNT UN€S PT€ LTD 108 ROfIINSON ROAD 907 00 GMG BUILDING SINGAPORE 0106 TEL *****22 **********1800 TELEX RS ***** PHIL I FAX *****76/*****38 BYAIR < OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 25 APR MONTREAL, Ottawa, toronto, VANCOUVER, S'WESTERN ONTARIO. 26
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      1518 33 auiivo| iuviiuoj rmpiu m w*i :zs=:=:;JPM'Jf pacific international lines (PTE) ltd *****5JJ M!■ Pll Building, 140 Cecil Street Singapore 0106. JAKARTA T sl^ 111 l v^ GK K sin Sir l l ButcA TERATA. r s °3 V HW4 U/4 22/4 ASIKPROGRESS «3N 16/4 19/4 23/4 EQUATOR MAS 01N 17/4
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      Page 33 Advertisements Column 2
      1183 33 f BEN LINE CONTAINERS LTD \j 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM |~S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Setandia f 108 17/4 4/5 5/5 7/5 8/5 Benakter' 106
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      Page 33 Advertisements Column 3
      616 33 wm. MYANMA P& FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg AVA VIO7W Sid tn Pt MYITKYINA V427W 20/22 Apr HPA AN VI62W 12)21 Apr THE BANK UNE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO
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      717 36 TO AUSTRALIA/NEW ZEALAND isi [Vn I Fran lllelb I M Auck TnP? |P CHAI* I IHARTHA II A 9 '2M Ti T?5 TiS »5 HfS lf> ELLEN MUOIC 279 U/5 2ljs »1 »S BRUSSIL .VI "Si loii 116 W« 214 23 6 ~T VIROL HE 272 IU '1M 2U~2?6 J7
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      Page 36 Advertisements Column 2
      936 36 extort^XHSONSONCTAIWA^HAPARWC^EEK^^^^^^^maucc^TRAIT^eedP^PRVIC^^^ [OUT BOUND VOY PKL PNG JKI [SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY "7si N I PKL PNG BtW SIN ACX LOTUS 118 ~M3 4 11 4 16 4 20 4 72 4 26 4 27 4 28 4 ICE BIRD 1A 17 4 114 20
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      Page 36 Advertisements Column 3
      187 36 RT. UNITED SHIPPING "oF ORGANISATION LTD x oihict hcuur micis X JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA i SURABAYA W Accept cargo** to all other Indonesian porta with transhipment at Jaharta or Surabaya. DESTINATION ETA ETD VSL JAKARTA 21/4 22/4 P KALIMANTAN W 25/4 26/4 P SUMATERA 30/4 1/5
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      Page 36 Advertisements Column 4
      1539 36 S CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE L SSTCOSHIP l. mm ROAD HMC BUILDIHC TO? Ss •s, a ss;' General Agents: OOSTAR SHIPPING ne. Lw TO HONGKONG AND CHINA FROM HONG KONG AND CHINA VESSEL,VOY SOP HKC SHA XIN HPU PAI QIN VESSEL VOY SHA XIN HPU PAL
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      958 37 roc CONVENTIONAI. MMVICE Vessel PKL PNG P G Loading tot A VESSEL 28 04 Rotterdam) Antwerp CHINA rUU. CONTAINKK IKKVICK Vessel SGP PKL BKK MKG QIN SMA TANCFANGKOU 1« MM JOW 0/,1» 121 ft lfcto YANGFANGKOU ISI 30/0S 0/1* 12/06 1608 Also Keeping other Chinese ports va MUG AUSTRALIA FULL
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      Page 37 Advertisements Column 2
      338 37 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Linos) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) 0 ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPT [NGFCL AND CONVENTIONAL VESStL VOY £1A lOAOING FOR SPORE ABBA* WOUZ .'BWB DAfIESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NE TSANE T ?Tw6 10/06 OABESSAI
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      Page 37 Advertisements Column 3
      737 37 P. T. PUL INTERNATIONAL LINE e FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT PAJ PLB
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      Page 37 Advertisements Column 4
      414 37 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S PORE SYD MCI l VESSEL VOY SINCAPORE B*NC*oi'_ PIYA BHUM |OM3 15 1M 28 30 4 02 04/S *ANA~BHUI*«' |09N In Pt 15 4 Wed V* I PIANETA OM4 M IP'S 22 24/5 2* 21/5 S IRI BHUM# WON IT* [TI *ed 12,4 1 |PIYA
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      Page 37 Advertisements Column 5
      452 37 I mumi THcn-irc VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MA* S!N TIGER BAY ISSN Ski H 23/ M /04 •TIGER STAR 156N 22-22/0* 28-30W 06-tt'ob TIGER BAY 157N 29-29.D4 05 07/05 11 13/05 VSL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL VOY SIN CAL SIN TIGER RIVER 127CN8 13-13/0* 19-21/04 27 29/04
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      1376 38 A. A MAC-NELS SINGAPORE f WMT Ttt: I TtL: IMM I PENANG TEL (04 *****6 KK TEL (088) *****0 TAWAU TEL (089) 7/86/9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 ~!W\" J BAHRU TEL (07) *****2 SIBU TEL (084)*****2 SAHIKEI TEL (084 *****8 W
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      Page 38 Advertisements Column 2
      348 38 m ,ig ftfTir blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOL'TH A PORT CHALMERS ACC EPTING H I. LCI. FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF. CHKISTCHURCII. DUNEDIN. LYTTKLTON, INVERCARGIL, FIJI ANI) TAHITI SIN N PLY AUCH l*T MULBERA MS IN PT
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      Page 38 Advertisements Column 3
      1039 38 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 [vOI I ETA [OEST VESSEL WT I ETA KIT KIM SOON LI 14/91E 20 APR PENANG
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      742 39 COMPANIA PERUANA VfajQL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCI/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penjng* P Kelang Singapore EMsia KAMALEVERETT KJO'IS Apr THOMASEVERETT 19/71 Apr 22/24 Apr 27/29 Apr KARABIEVERETT 12/14 May "EVERETT ORIENT LINE" yr
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      513 39 VSL [VOY [S PORE IMAINLINER [LAX IKST |SAV |NYC [HEX ZIM TRIESTE IJK 17(4 ZIM ITALIA IVS 24/5 77 5 79/5 11/S Ml AIEXANORIA UC 76 4 ZIM HAIFA 2»'5 16 7* It 11,6 ZIM SINGAPORE M 1/5 ZIM AMERICA 4 6 13 6 16,6 U 6 20,6 lEEWARD «E
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      Page 39 Advertisements Column 3
      751 39 1141 SING KWANG HANG] SHimNO 4 TRANSPORTATION (FTC) LTD MmM WEEKLY LCL/FCL SERVICE I VESSEL |S PORE I JAKARTA SURABAYA EQUATOR MAS VOIN 17/4 PO/4 IJENWEI V I/IN |17/4 |?0/4 VESSEL S PORE BANGKOK A VESSEL 17/4 20/4 A VESSEL 20/4 23/4 DESTINATIONS ETA SINGAPORE PORT KELANG 19 4 91
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      604 39 15 PERINTIS LINE I ii ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASE HA 163 A 18/04 21/04 JATIDIHI 9?8 ?0/04 23/04 PHASE TIA 165 A PS/04 28/04 JATIDIHI 9?9 27/04 30/04 TANTO UTAMA 155 14/04 17/04 TANK) UTAMA 157 20-04 23/04 TANTO UTAMA
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      429 39 SIN FAB EAST 21/4 KEELUNG/KAOHSIUNG 21/4 BANGKOK 21/4 MAN ILA/CEBU 20/4 JAKARTA/BELAWAN/SURABAYA 20/4 PORT KELANG/PENANG/E. Malaysia 20/4 BUSAN 21/4 TOKYO/YOKO/KOBE/NGO/OSA 16/4 HONG KONG S!N CHINA 16/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU'XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 20/4 LDN/FLX/LVP/SOU 20'4 RDM/HAM ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Polandißulgaria/Czech. SIN USA/CANADA
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      599 40 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 40/8 18 APR 20 ARR TAKARI I 1696 27 APR 24 ARR TAKARI IV 4080 25 APR 27
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      Page 40 Advertisements Column 2
      337 40 MULTI-MODE SHIPPING PTE LTD I 1 MIDDLE- GULF ACCEPTING FCL/lCt DUBAI DAMMAN, SHARJAH. DOHA, MUSCAT, BAHRAIN, ABU DHABI. BANDAR ABBAS, JEDDAH FAR EAST ACCEPTING FCL/LCL PENANG, PI KELANG. JAKARTA. BANGKOK, HONG KONG. TAIWAN, JAPAN, MANILA KOREA UK/EUROPE ACCEPTING FCI LCI LONDON, FELIXSTOWE. LEEDS. TILBURY, ABERDEEN, LE HARVE, HAMBURG ROTTERDAM. ANTWEP,
      337 words
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      Page 40 Advertisements Column 3
      580 40 SHIPPING CORP. SDN BHDI L/SLk PT HUNG TEL 03 *****04 |l IMtt| FAX *****11 V UTW 1 PEHAHG Ttl *****WS SHAN Til OMZI4M2 SIBU Til 084 JIM 22 TAWAU Til 0M T7M7I KX Til 068 ?4??S0 KUCH Til 082 *****3 M'SIA TO USA/CANAOA CONTAINER SERVICE FEIOIR VOT Pt~ PKI SIN
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      Page 40 Advertisements Column 4
      821 40 CU!I con wnv inTEßmoonfo YLCL/FCL SERVICE FROM I HI B ifift fCUi STop^rtlßtovwWOtoniilnßtetolllowlnllAA I II flB m CUM maintains over 95,000 tmetor* ft trucks. V II lam Jew-*- owartOyOOO points In USJL l|U| figgl! m offer raliabteLClffCLaWvloM. "V \BBy By IUI V X. General Agents: ep/i PENANG- KL: allied-link SINGAPORE:
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      Page 41 Advertisements Column 1
      640 41 more frequent fughis worldwide jfazsz* NEW ZEAIiND/FUI vessel JM ?M tm m us*. lm mi ft* MM m N Rouen,9loB 19,4 19/4 20/4 224 6,5 13 5 8 5 9 5 10/5 10 5 11 5 12 5 13,5 N Rotterdam 9109 27/4 29/4 30,4 30 4 1/5 4/5 17/5
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      338 41 TIDES AND WEATHER TODAYS TIDES (height in metres) HOUR 0000 0100 02C0 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 )R 2.8 2.5 20 1.3 08 05 04 05 09 16 23 2.7 28 27 22 16
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      698 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNO FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FEEDER VQY PKE JHR SIH~ LINE HAUL VOY LBH OAK SE» LINE HAUL VOY TCM/SEA PTL MING CHUN 123 15/04 17/04 18/04 H. INNOVATOR 40E 13/05 16/05 19/05 TRANSWORLD BR 67E
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      Page 42 Advertisements Column 2
      432 42 [CHARTPOINTI Every Saturday in Business Times M^SI^SSSS^SB EXPORT TO: UK/CONTINENT (TRIO) Mm |W*p*T-™TZ Kg±a-.*■--* HANOVER EXPRESS 82/115 71/4 *5 MM 13.5 15(4 '"J* f ISJ|USL^| KATSURAGi ***** 25.« 1M MS Ufi Southampton to all UK tottiutioH. M«HI an* warn THAWS OS 316 2M 14/S s nrt MEDITERRANEAN (MED CLUB)* JEDDAH
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