The Business Times, 17 April 1991

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (l>) 16/12/90 Wednesday, April 17, 1991 75*
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  • NEWS SUMMARY
    • 54 1 PHILIPPINE opposition sena tor Juan Ponce Enrile said yesterday that I'S bases in the Philippines should go and dismissed Singapore's claim that they fostered growth and stability in the region. Mr Enrile dismissed as nonsense arguments that a US military pullout would
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    • 68 1 AUSTRALIA'S seven million workers were awarded a 2.5 per cent pay rise hv the nation's wage fixing body yesterday, but union and government officials say the decision will huit those with low incomes. The Industrial Relations Commission awarded the rise after submissions from the
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    • 40 1 JAPANFSE investor confi- j deuce in Singapore dipped marginally by 0.1 point to 9.9 from a string of perfect 10s in the latest risk rating survey by the Japan Bond Re search Institute of lokyo j I'age 2
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    • 38 1 TRADE Development Board offices in Budapest and Seoul will be operational in the thiid quarter of this year. In India, plans are underway to open a TDB office in Madras sometime this year Page 2
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    • 25 1 THE decline in the exports of industrial products has not affected the Indonesia's industrial growth which increased significantly last year Page 8
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    • 27 1 JAPAN is the first nation to pledge funds tor a new bank to help East European economies switch to a tree-market system Page 10
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    • 21 1 THE European Parliament, presured by awesome lobbying effort, will debate legislation on copyright for computer software Page 13
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    • 20 1 NICHOLAS Mosley. one of post-war Britain's foremost writers, explains his philosophical bent and difficult prose. Page 19
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    • 30 1 NEPTUNE \gencies. the shipping agency arm of the NOI group, has automated part of its shipment information service with a 24-hour telephone enquiry system Shipping limes. Page I
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  • MARKETS SUMMARY
    • 50 1 l'S HI 111 CI Ill's were weak in early tiading, pressured by lower bond prices. Analysts said the market's downside was limited as investors rotate out of some seetors into others. hading in a tight range, the l)ow was off one to 2 1 H2 alter hitting 1V27.
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    • 54 1 SHAKES were lower at midday yesterday after hitting a record level early in the session. At 1120 CiM I. the I ISh 100-share index was down 13.9 points at 2.52K. l >. In the first few minutes of trading, the index hit 2,555.3. surpassing the previous record of
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    • 32 1 YIORF companies in Southeast Asia, including three Singapore publicly-listed companies, are keen to use American depositary receipts to establish an international image and to raise funds Page 3
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    • 35 1 I HF. Faber Group is expecting group profit before tax. minority interests and extraordinary items of M 535.94 million for the current year ending lune 1991 and N1530.77 million tor 199 Pajie 3
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    • 34 1 INDONESIA'S Bakrie CJioup. in cooperation with Nordic Power Invest AB of Sweden, will build power plants at a combined cost of about US$9OO million in Central and West Java Page 4
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    • 41 1 FIRST-quarter earnings at NCR Corp fell 12 per cent, largely because of the cost of fighting a takeover attempt by AT&T Page 6 The Singapore, Malaysian and Indonesian markets were closed for the Hari Raya holidays yesterday.
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    • Article, Illustration
      23 1 lursday C hange Tokyo 26.813.30 117.77 Hongkong 3,717.46 t-3.09 Sydney 1.470.7 8.7 Monday hinjjv New York 2.933.I7 +12.38 London 2.542.8 16.7
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    • 22 1 Exchange rates USS SSI 7550 100 Yen SSI 2986 MS 90.6410 Money market rates Overnight 4 3/8 -1/2 3-month 4-9/16% 1/8
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    • 8 1 London Gold I \\1 fix US$360.10 -USS0.30
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  • 455 1  -  Tanglin Halt to be a pilot project By Lilian Ang JURONCi Town Corpoiation (JTC). Singapore's main developer and manager ol industrial estates, has mapped out a masterplan to rejuvenate old industrial estates. I he plan, which is to kick off with a pilot
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  • 516 1  -  By Schutz Lee JAPAN'S major trading houses Marubeni Corp, Sumitomo Corp and Nissho Iwai Corp are following the trend set by leading trader C Itoh and are upgrading their branch offices in Singapore to local subsidiaries. These moves, aimed at expanding their businesses
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  • 313 1  -  From Koichi Ishiyama in TOKYO JAPANESE Prime Minister Toshiki Kaifu is expected to announce Japan's new Asian policy when he visits Singapore early next month. Mr Kaifu, who will be j touring Asean from April 27 to May 6. will pledge
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  • 201 1 AFP HONGKONG magnate I i Ka-shing's tlagship firm said yesterday it had sold a slice of its 66.5 per cent stake in Hongkong International I or initials (IIII) to Beijing for an undisclosed price. Six per cent of 111 I estimated by market analysts
    AFP  -  201 words
  • 307 1 TANGLIN MAI I tenants are annoyed about being asked to vacate their prctnises at the Jurong I own Corporation (JIC) industrial estate, which was once a cemetery. Many feel that the statutory board's plan to clear the area lor re-development is "a breach of
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  • Page 1 Advertisements
    • 136 1 (MISSONI) —UOMO Made In Italy Aircraft Schedule 29 Money Changer Rates 29 For market indices, edito"al. Commodities 28 Money Market 28 advertising and circulation e« Cryptic Crossword 29 Regnal Co News -J tensions, call Pusiness limes Editorial 11 Regional News 8 Information Semite on Financial News 1 Regional Stock Markets
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    • 35 1 Japan pledges funds for new hank. Pg 10 B T Investment Race II R\ I() Page 6 for the third Money oupon that you need to cut out to join the BI $100,000 investment challenge.
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  • HOME NEWS
    • NEWS ROUNDUP
      • 75 2 THE National Universit> of Singapore's extramural studies department is organising an introductory course on import letters of credit. The course will teach people in the import and export business how a letter of credit can help them transfer goods and money more efficiently. I
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      • 61 2 THE Fire Safety Bureau has completed its review ot the F ire Precautions for Buildings 1982. Draft copies ot the new fire code have been distributed to various professional bodies. Professionals in the building industry, lire protection and fire safety engineering tields may forward their
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      • 56 2 MAJOR conservation issues will be tackled by a panel ot experts from April 19 to 21. The panel includes British botanist and conservationist David Bellamy, who will gi\e a global perspective on conservation and development. Mr Bellamy is best known for his television work which showcases natural
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      • 54 2 STRATUS Computer (S) Pte l td. a leading supplier of fault-tolerant computers for on-line transaction processing applications, is investing more than S3.'> million in a regional marketing and support oft ice in Singapore. Ihe investment includes a Customer Assistance Centre and a Regional Education Centre,
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      • 66 2 Japanese kites tops on show KITES and tops by Japanese artists from all over Japan will be exhibited at the Singapore Conference Hall from May 1 to 5. the Japanese Embassy announced recently. After Singapore, these exhibits will also be on display in Mongolia, Jakarta, Kuala Lumpur, Myanmar and the
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    • 595 2  -  Japanese survey shows Republic remains best-rated Asian country outside Japan By Anna Teo JAPANESE investor confidence in Singapore dipped marginally in the latest risk rating survey by the Japan Bond Research Institute (J BR I) of Tokyo. After a string of perfect10s in the last
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    • 338 2 WHILE continuing to give Singapore the thumbs-up as a top-notch investment haven. Business Environment Risk Intelligence (Ben) has. in its latest business risk survey, lowered its rating of the Republic. Singapore remains, by Beri's reckoning, among the world's top three business centres behind Switzerland
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    • 96 2 SINGAPORE Minister for Foreign Affairs Wong Kan Seng (above) and Minister of State (National Development and Home Affairs) Peter Sung yesterday attended a Hari Raya reception at the Istana Bukit Serene in Johor Barn hosted by HRH Sultan Mahmood Iskandar. The ministers, accompanied by
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    • 358 2  -  By Schutz Lee SINGAPORE businessmen with interests in Eastern Bloc countries and South Korea can look forward to direct contact with these markets through the offices of the Trade Development Board (TDB) by the third quarter of this year when the
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  • Page 2 Advertisements
    • 203 2 FOUR OF THEBEST LOCATIONS IN NEW ZEALAND One of the best known buildings in An opportunity to take a strategic stake in A special opportunity for owner occupiers, A secure passive investment in a prime New Zealand, dominating the Auckland the future of Auckland office development, developers and investors to
      203 words

  • COMPANY NEWS 1
    • 375 3  -  By Quak Hiang Whai MORE COMPANIES in South-east Asia are keen to use American depositary receipts (ADR) to establish an international image and to raise funds. Among them were three Singapore publicly-listed companies, including a conglomerate, John D Meserve, vice-president of Bank of New York,
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    • 246 3 MBT MALAYAN Cement, which achieved a pre-tax profit of M 561.3 million for the year ended November 1990, expects to maintain its level of earnings in 1991. This is in the light of the buoyant construction sector, its chairman Tunku Abdullah ibni Almarhum Tuanku
      MBT  -  246 words
    • 360 3 MBT FABER GROUP has forecast a profit before tax. minority interests and extraordinary items of M 535.94 million for the current year ending June 1991 and M 530.77 million for 1992, according to an independent advice circular to shareholders. It relates to Faber's
      MBT  -  360 words
    • 190 3 MBT BANK UTAMA Bhd, in an effort to beeome a financial supermarket, plans to set up the first stockbroking firm in Sarawak this year, chairman Datuk Kffendi Norwawi said. The bank is currently negotiating with a bumiputra party that has been given a licence to
      MBT  -  190 words
    • 665 3 MARKET TALK Reuter MALAYSIA'S central hank. Bank Negara, has for some years been a dominant force on the foreign exchange scene, but dealers say that it became a more aggressive player during the dollar's post-Gulf War rally. The market
      Reuter  -  665 words
    • 575 3 Reuter AFTER reporting a 35 per cent drop in 1990 profits, HSBC Holdings pic. formerly Hongkong and Shanghai Banking Corp. is likely to sell off more non-banking assets to bolster future profits and prop up ailing subsidiaries, industry analysts said. "Hongkong Bank made
      Reuter  -  575 words
    • COMPANY BRIEFS
      • 81 3 ACMA LID and Hwa Hong Corp Ltd announced on Monday the formation of audit committees in late-March. Low Seow Chye, a practising public accountant, is the chairman of Acma's audit committee which was formed on March 25. Its two other members are Teng
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      • 43 3 KAMUNTING CORP Bhd's additional 53.275 new ordinary shares of 50 sen each arising from the conversion of M 553.275 one per cent Convertible Redeemable Loan Notes 1989-91. will be listed and quoted on the Kuala Lumpur Stock Exchange on Monday.
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      • 68 3 FEDERAL FLOUR MILLS Bhd said that Pemegang Amanah Raya Malaysia, the public trustee and portfolio manager of Sekim Amanah Saham Nasional. had disposed of a total of nine million shares in the company and had thus ceased to be a substantial shareholder. It said that
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      • 74 3 DUNLOP ESTATES Bhd acquired on April 10 a total of 371.000 shares in Magnum Corp Bhd from Multi-Purpose Holdings Bhd. The acquisition followed its unconditional cash offer to acquire all of Magnum shares other than the 41,805,500 it already owned, said Bumiputra Merchant Bankers Bhd general
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      • 62 3 AJINOMOTO (M) Bhd said the consideration for its acquisition of 0.79 hectare of land was by way of a special issue of 6.02 million new ordinary shares to bumiputras. It added in a reply to a query by the Kuala Lumpur Stock Exchange that neither the directors
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      • 32 3 UNIPHONE Telecommunications has won a Ms2B million contract to supply 750.000 telephones to Syarikat Telekom Malaysia. The three-year contract will be for the supply of Uniphone's S2OOOA telephones.
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    • 392 4 THE BAKRIE GROUP in cooperation with Nordic Power Invest AB of Sweden will build power plants at a combined cost of about US$9OO million (about SSI.6 billion) in central and west Java to help solve problems of electricity shortages, the Jakarta Post reported. A
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    • 139 4 P T SINKO International Corp a joint venture between PT Golden Ferkasa Inti of Indonesia and HVAC Product Pte of Singapore will invest US$6.4 million (about 5511.2 million) to produce consumer electronic goods for export. The Jakarta Post reported. The joint venture, 60 per cent owned
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    • 363 4 LFR MING TEEs Allied Group has publicly reaffirmed its commitment to Hongkong after reporting a profit of HKSIB3.I million (about 5541.2 million) for 1990, the South China Morning Post reported. The profit is after tax of HK523.5 million and minorities of HK$ 146.66 million
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  • Page 3 Advertisements
    • 193 3 I'll call you asrain tomorrow t Iroin the hotel. A W ANA HOTEL SINCAPORE \!!M FIRST OF ITS KIND IN SINGAPORE ThePlaceFor Airflown Australian Choice of Beef Pork Ribs. Specially Marinated. Hickory Smoked BBQ. 5-COURSE SET MENU FOR LUNCH DINNER Juice Soup Toasted Garlic Bread Main Course Dessert Coffee or
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  • Page 4 Advertisements
    • 520 4 fc., 1 lH^fll^S^BS^^^l iw v i j flu >' MHMHHIIIHIK!3BSi^MHII^fI Mr Masanohu c '-(<i\.i .it Society tor Aid to the Paralysed, one of the 42 <harities supported by the ommunity Chest of Singapore W We've always believed in providing service to the community, not only through our products but also
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  • Page 5 Advertisements
    • 259 5 A -iKI El a "i I Q Q 1 i i H E X' P E R T I Sj E J 1 1 3 1 1 V V 1 1 1 1 1 BJJ -#£l^-i yaflKasi Ksfl T,iYjA,|M,lwj0 I |R, K,| I I iiuu—lJimmßM J One company in Singapore
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 127 6 MERGERS AND ACQUISITION activity involving US companies, hit by a general downturn in the American economy, fell to an 11-year low in the first quarter of 1991, according to a report by Merrill Lynch and Co Inc's WT Grimm Co. A total of 438
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      • 77 6 SUZUKI MOTOR CORP forecasts parent company sales of 1.11 trillion yen for the year ended March 31, 1991, the first time sales have topped the trillion-yen mark. In November, Suzuki, Japan's top mini-vehicle maker, forecast 1990-91 sales of 950 billion yen. Sales in 1989-90 were 843.62
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      • 100 6 UK INVESTMENT COMPANY GPG pic said it had agreed restructuring proposals with its parent Industrial Equity (Pacific) I td and its ultimate holding company Brierley Investments Ltd. A GPG statement said if the proposals were approved. New Zealand's Brierley would reduce its holding in the company
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      • 70 6 Mt DONNEII DOUGLAS CORP will cut about 1,000 jobs at its transport aircraft division in Ixjng Beach, California to reduce operating costs. McDonnell s Douglas Aircraft Co unit will dismiss about /00 employees this week, and about 200 to 300 dismissals are expected in coming
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      • 106 6 C ITOH AND CO will start acting as an intermediary from next month in a complex crude oil trading agreement which involves the Soviet Union. Europe, the Middle East and India. The Japanese trader will sell Soviet crude to Europe and use that revenue
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      • 76 6 KENYA announced reforms aimed at cutting back on waste in the public sector, including selling off some state-run companies and tightening controls on inefficient management boards. Finance Minister and Vice-President George Saitoti said the present levels of losses in the state sector threatened the country's
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      • 77 6 GEC ALSTHOM NV said its subsidiaries won power-gener-ating contracts in Britain and Abu Dhabi worth a combined 560 million francs. GEC Alsthom, owned half each by Britain's General Electric Co pic and France's Alcatel Alsthom, said in a statement the British contract was won by its
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      • 60 6 ROLLS-ROYCE, the proudest name in British engineering, is planning to open factories in East Asia in a historic shift to overseas manufacturing, the South China Morning Post reported. Senior executives will fly to Bangkok next month for talks with government officials about establishing a plant in Thailand.
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    • 240 6 FT TEN of east Germany's former communist newspapers were sold to west German publishers on Monday for a total of 850 million D-marks (about SSBBB million) in a fiercely-contested bidding battle. However, the Treuhand Privatisation Agency intervened to ensure that they did
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    • 410 6 NYT NCR CORP said on Monday that its first-quarter earnings fell 12 per cent, largely because of the cost of fighting a takeover attempt by AT&T. NCR's earnings were at the high end of analysts' expectations and may strengthen the company's
      NYT  -  410 words
    • 212 6 NYT DONALD J TRUMP, Citicorp and NWA Inc are close to a deal in which NWA could get a controlling stake in the Trump Shuttle. In exchange, NWA, the parent of Northwest Airlines, would assume much of the shuttle's debts. A final deal has
      NYT  -  212 words
    • 323 6 NYT GENERAL ELECTRIC Co, buoyed by productivity improvements and strong gains in its financial services sector, said on Monday that its first-quarter net income rose 5.2 per cent to US$999 million (about 551.75 billion), or US$l.l5 a share. In last year's first
      NYT  -  323 words
    • 357 6 Reuter WALL STREET broking houses are finally reaping the financial rewards from three years of tough belt-tightening, but the Street's recession may not be over yet and cost containment remains a top priority, analysts say. PaineWebber Group Inc earlier posted first-quarter per
      Reuter  -  357 words
  • Page 6 Advertisements
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  • FINANCIAL NEWS
    • 657 7 Better results point to an improved hanking conditions in US NYT CHASE Manhattan Corp has announced a first-quarter profit of US$ll7 million (Ss2o6 million), a sharp improvement from a year earlier. The news was a sign that conditions for the hanking industry are improving, even
      NYT  -  657 words
    • 300 7 Reuter TWO CONSORTIA of foreign banks are competing keenly to lend US$4B million (SsB4 million) to the People's Bank of China, the first commercial loan sought by China's central bank, bankers in Hongkong said. The Asian Development Bank (ADB), which will
      Reuter  -  300 words
    • SMALL CHANGE
      • 96 7 SIX Japanese securities houses said they have filed applications with Taiwan authorities to open representative offices. The firms Nomura Securities, Nikko Securities, Yamaichi Securities, New Japan Securities, Sanyo Securities and Wako Securities confirmed they want to open offices in Taiwan. Daiwa Securities,
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      • 92 7 SOUTH KOREA'S Commercial Bank of Korea will sign a US$3O million (SSS3 million) offshore syndicated loan in Hongkong to expand foreign currency loans to domestic companies, bank officials said. The syndicated loan will carry an interest rate of 0.25 percentage point over the London Interbank
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      • 92 7 THE Federal Reserve Board said it approved an application by United New Mexico Financial to acquire three New Mexico-based banks owned by Los Angeles-based First Interstate Bancorp. The three banks are First Interstate of Albequerque in Albequerque, First Interstate Bank of Lea County in Hobbs, and
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  • Page 7 Advertisements
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  • Page 7 Miscellaneous

  • THE REGION
    • 443 8 High growth possible because of strong domestic demand INDUSTRIAL growth in Indonesia increased significantly last year in spite of a decline in the exports of industrial products, the Jakarta Post has reported. It quoted Minister of Industry Hartarto as saying that
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    • 340 8 AFP AUSTRALIA hopes that face-to-face talks between Prime Minister Bob Hawke and his Malaysian counterpart. Dr Mahathir Mohamad, will improve the "delicate" state of relations between the two countries. Mr Hawke told reporters on Monday that he hoped to raise points of contention with
      AFP  -  340 words
    • NOTE BOOK
      • 60 8 JAPAN'S Federation of Economic Organisations (Keidanren) may send a mission to Vietnam for the first time in 13 years in November. It announeed on Monday that a study group on Japan-Indochina relations would be set up involv ing directors from about 10 firms interested
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      • 39 8 HONGKONG'S seasonally-adjusted IXvembe r- Februa r> unemployment rate was 1.4 per cent, unchanged from the previous three-month period and slightly down from 1.5 per cent a year earlier. C ensus and Statistics Department figures showed.
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      • 55 8 AUSTRALIA will maintain for the time being its policy of phasing out sanctions against Pretoria despite the Furopean Community's decision to lift major bans on South African imports immediately. Foreign Affairs Minister Gareth Fvans told journalists that in the government's view, it was too soon
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      • 82 8 LAOS has lifted restrictions on all but 33 political prisoners held in re-education camps after the communist takeover in 1975. Amnesty International said in a report seen in Bangkok yesterday that 185 people restricted without trial in the southern province of Attapeu had been gi\en
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      • 74 8 EXILED former Philippine first lady Imelda Marcos, declaring she is a changed woman, says she is sure she will be allowed back to the Philippines soon, and vowed to back possible candidates in the 1992 presidential elections. Portrayed by critics as an extravagant woman who plundered
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  • Page 8 Advertisements
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  • THE WORLD 1
    • 370 10 Commitment to help East Europeans switch to free-market system Reuter JAPAN, seeking a larger role in the world community, on Monday became one of the first nations to pledge funds for a new bank to help East European economies switch to a free-market system.
      Reuter  -  370 words
    • 467 10 Reuter SINCE 1989 Eastern Europe has embarked on an unprecedented political and economic transformation, but so far the most tangible result for the reforming countries is a *****-style recession. All the reforming countries face months and mdybe years of further hardship, economists and
      Reuter  -  467 words
    • 296 10 Reuter EUROPEAN Community foreign ministers agreed on Monday to lift more economic sanctions against South Africa, in recognition of President F W de Klerk's moves to scrap apartheid. A statement said EC bans on imports of gold coins, iron and steel
      Reuter  -  296 words
    • 651 13 European Parliament to debate legislation on copyright for software NYT I MF 1 uropean Parliament has never before seen such a lobbying effort. Big computer companies and associations specially formed for the task have been applying pressure in Brussels and Strasbourg for and against a contentious piece
      NYT  -  651 words
    • 440 13 Reuter ROMANIA took a key step towards a market economy on Monday with the opening of its first private commercial bank, named after former tennis star lon Tiriac. who is now a top-flight international businessman. "It is a happy coincidence that we should have picked the
      Reuter  -  440 words
    • 54 13 Australian student Justin Kelly with student demands stuck to his face protesting outside the I.abor Party building in Sydney. University students were protesting against the drop in funding for Australian university education since Bob Ilawke and the l abor party came to
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    • 433 13 WHIN CONSTRUCTION firm Kajima Corp subcontracted a 3.9 billion yen (SSSO million) order to 11\ undai Construction Co for part of a Tokyo building project that Kajima was heading last November, it marked the first time a South Korean company had been
      433 words
    • 310 13 NYT A YEAR AGO, as the Unit-, ed States was sliding towards recession, many European officials boasted that the European Community, spurred by German unification, would take over as the locomotive of the world economy. Instead, Western Europe's economy has stalled, with the Gulf crisis pushing much
      NYT  -  310 words
    • 257 13 AFP THE Chinese government said on Monday that shareissuing companies must turn o\er their profits to the government, but an economist called it an attack on the experimental system. A central government circular told stock-issuing state firms to turn over profits they previously kept,
      AFP  -  257 words
    • 226 13 UPI DIRECT foreign nvestment in Mexico was uj US$l.73 billion (Ss3.l bill 1 >n) in the first quarter of 1991. The Commerce Ministiy predicted foreign investnent could reach $5 billion diring 1991 if the investment rend continued. Commerce Miiistry figures showed that LIS investors continued
      UPI  -  226 words
    • WORLD WATCH
      • 95 13 US TREASURY SECRETARY Nicholas Brady urged Europe lo assume a greater share in world economic responsibilities and called for close policy coordination to meet needs arising from sweeping change in the region. He was addressing leaders of most of the 39 founder
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      • 55 13 EUROPEAN COMMUNITY foreign ministers split on Monday over whether to seek trade concessions from Japan as a price for greater political cooperation. They were discussing for the first time the draft text of a joint declaration with Tokyo modelled on the Transatlantic Declarations signed with
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      • 53 13 THE prospects of EC membership for Poland, Hungary and Czechoslovakia have been boosted thanks to agreement by European Community foreign ministers to accelerate efforts to set up a single free trade area with Iceland, Norway. Sweden, Finland, Switzerland and Austria, which currently make up the European
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      • 70 13 PRKSIDFNT George Bush wants problems on Soviet compliance with a conventional arms treaty ironed out before agreeing to hold a summit with Soviet President Mikhail Gorbachev. "We are very concerned about the CFE (Conventional Forces in Europe) treaty," White House spokesman Marlin Fitzwater. "I think
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      • 74 13 FHE Asian Development Bank (ADB) has agreed to loan US$l5O million to help India tackle a foreign exchange crisis compounded by steep oil price hikes during the Gulf war. The loan will be made available to the state-owned Indian Oil Corp, which controls the marketing
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      • 76 13 CHINA'S largest vrade fair has opened in Guangzhou with organisers expecting at least 40,000 foreign business representatives this year. The 69th Chinese Export Commodity Fair opened on Monday in the capital of southern Guangdong province and is to run for 15 days. Organisers said the fair
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  • Page 10 Advertisements
    • 440 10 B I llmppmi Corporation Limited I ilncorpcMdled in the Repubfcc ol Sinqapixel TO ALL WARRANTHOLDERS OF I KEPPEL CORPORATION LIMITED Kappal Investment Limited I 5575,000,000 4% Guaranteed Bond* due 1991 with Warranta to purchase 75,000,000 I stock units of Straite Steamahip Land Limited from Keppei Corporation Limited. NOTICE IS HEREBY
      440 words

  • Page 11 Advertisements

  • Page 12 Advertisements
    • 49 12 Coming Soon "The Ultimate Showdown" BORLAND VS Lotus (April 22nd to be exact) There has never been a match like this anywhere in the world. Don't miss it! i Call Helen on 227 7088 for your ringside seat BORLAND 92 Tanjong Pagar Road, Singapore 0208 Tel: *****88 Fax: *****52
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  • Page 13 Advertisements
    • 256 13 3&r jb wr t r ■',",--^v ft-* New opportunities in a greater Europe. In less than two years. Europe will be- In our vital home market, unilied Germany, *****11. Telex: *****. Telefax: *****18. come the world's largest single market. our solid footing is the vast co-operative DG BANK GZB (Asia)
      256 words

  • 492 14 EDITORIAL PAKISTAN'S decision to embrace Islamic laws, making the Svariah (or Sharia) and the Koran supreme, should not surprise anyone familiar with Pakistan's ruling coalition and its priorities. The coalition that ousted Benazir Bhutto consists of sympathisers of former strongman Zia-ul Haq and Islamic fundamentalists.
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  • WHAT THE OTHERS SAY
    • 228 14 FOR Muslims everywhere, the past month was one of renewed contemplation. The eyes were turned a little more firmly toward the divine, but worldly thoughts too impinged on the mind. Iraq's invasion of Kuwait had been of one Muslim country by another; and the resulting war
      228 words
    • 144 14 AIDILFITRI is not just exclusively meant for Muslims. In essence, it means a day to rejoice and be reborn after a month of fasting, which is an act of spiritual cleansing. This occasion also call for reflection. While Muslims throughout the world feel a sense of relief
      144 words
    • 130 14 THE new world order spelt out by President George Bush has the United States taking a core leadership position. In addition, its success is also said to "depend largely on continued reform in the Soviet Union and Europe'* willingness to bccomc a force for stability beyond
      130 words
  • REGIONAL VIEWPOINTS
    • 181 14 FIJLL-ELEIXiED implementation of the Bank for International Settlements' capital adequacy rule is underway. The BIS requirement demands that banks earn more efficiently with less financial resources. Banks are also coming under growing pressure to look after public interests, whereas in the past few years, they have
      181 words
    • 164 14 PROHSSOR Pad mo Wahjono, a specialist in constitutional law at the University of Indonesia, has made some significant suggestions on how to strengthen the House of Representative (DPR) in order to make it a relevant institution. He pointed out that the DPR's responsibilities lie primarily in three fields;
      164 words
    • 172 14 NO PRINCIPLE is as basic to Hongkong and the common law system it follows as the right to a tair trial. The costs of upholding this principle are never cheap as Hongkong can attest with legal aid programmes which cost HKSI 70 million last year to
      172 words
  • 1148 14  -  Private education is big business in Malaysia and more corporate entities are entering the market. S H Cheah reports S H Cheah MBT THERE is no progress without change. Education in Malaysia has been struggling to make those changes. One major change is the
    MBT  -  1,148 words
  • Page 14 Advertisements
  • Page 14 Miscellaneous
    • 34 14 DOONESBURY BY GARRY TRUDEAU 5/£ Htßß's THE AFRfiiPNOT. I'V5 6<JT PRO 6 P AoeNcyAGfze iwswHTfeßic&zzMenM- JKNOWI fkankli vwrxxjsem T/0N causes. AVX>, TPU& W WHAT? /UAMFI) HAve.sv. nsNor (MP. VIUAW VUKCOMMH&ON ON WITHOUT BO- vEKy
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  • ANALYSIS
    • 835 15  -  George Bush's dream of a North American free trade zone is in danger of beine shattered. Paul Magnusson reports on the obstacles in its realisation Paul Magnusson 81-lORI threc-wa\ discussions on ending trade barriers from the Yukon to the Yucatan have even
      835 words
    • 1605 15  -  The recent (light of Acehnese to Malaysia focused attention on a small but not insignificant security problem in Indonesia. Yang Razati Kassim looks at the background and implications of the Acehnese outflows a surprising development that has put Malaysia in a difficult spot
      1,605 words
    • 587 15  -  Philip Hilts reports on the malaise afflicting the US health-care system Philip Hilts NYT A SURVEY on health care, taken among chief executives of the largest companies in the United States, has found that 91 per cent of them say a fundamental change or complete rebuilding of
      NYT  -  587 words
  • Page 15 Advertisements
    • 267 15 Unrivalled Quality, Priced to Entice. Set Menu Usual Special > Set Menu For Ten S3so++ $268++ Daily Set Menu iK r r—- j X, uptua maximum MVtH-+ >j(>o++ For Ten $368++ Ed^d Barbecued Suckling Pig 1 (Whole) Set Menu For Eight S23B++ $198++ S G* l SaW Set Menu For
      267 words

  • SPORTS 1
    • SIDE LINES
      • 114 16 I Kill IVII IK I INI \ROII) Johnny Kelley finished his 60th Boston Marathon on Monday and breathlessly announced: "Ihis is the happiest day of my life." Kcllcy. a winner ot the event 111 IIMSl l M5 and 1945. finished the rvm in 5
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      • 92 16 AMERICAN Jim Knaub. 15. notched his third victory in the wheelchair competition at the Boston Marathon on Monday, breaking a three-year victory streak by French competitors. The women's wheelchair division was won by defending champion Jean Driscoll, 24, ot the US. Her time ot I
        92 words
      • 65 16 lORMFR heavyweight boxing champion Mike Tyson may one dav he fighting under the Eiffel lower. lyson s promoter |)on King spent the weekend talking business with a cable television company whose pet project is to put on a world championship light under the famous tourist first,
        65 words
      • 70 16 AS rilE first sled dog race spanning the Bering Strait entered its second full week on Monday, there was a new concern to teams along the Soviet Bering coast polar bears, first, visa problems stopped the teams in their tracks. I hen. weather stalled the
        70 words
      • 85 16 A ROMANIAN rugby team flew home in disgrace on Monday from an F.nglish tour alter the tecnagcd players went on a shop-lifting spree in which they scrummaged to obtain Western goods without paying for them. Ihe 34-strong, under-IS team was stopped by police in Taunton, southern England,
        85 words
      • 91 16 THE European Community and the European soccer union IJEFA are nearing a compromise deal that would give players more chances to join foreign clubs while maintaining some employment restrictions within the 12-nation trade bloc. Oflicials said on Monday that under the proposed agreement, IJEFA would allow teams
        91 words
      • 63 16 ASII DIN of Uganda and Dermot Reeve of Hongkong scored a major upset at the weekend, defeating West Indians urtly Ambrose and Richie Richardson 111 a double-wicket contest at the Queen's Park Oval. Reeve and Din, in Trinidad with English County Warwickshire, scored 53 runsotT their
        63 words
    • 1025 16 Boston Marathon NYT Till- weather was perfect, the fields were strong. Vet the 95th Boston Marathon on Monday was one of the most unusual in its storied history and memorable for an assortment of curiosities, well beyond the names and times of the winners. The performance
      NYT  -  1,025 words
    • 681 16 AP THE Boston Marathon has grown from a race offering the winner a bowl of stew and a laurel wreath to an international event that awards U5555,000 (SS94.(XK)) and a luxury car. It also translates into US$6O million in additional revenue to the host
      AP  -  681 words
    • 546 17 AP I 111 N come in all si/es and shapes, with different peisonalities ami nationalities. Hut what goiters I an VVoosnain. Nick I aldo, Sandy I vie. Se\e Hallesteios and Hcrnhaid I angci have in eonnnon is the green jaeket awarded the winner ol the Masters and
      AP  -  546 words
    • 548 17 Reuter WITH four titles in her last five tournaments, (iabriela Sabatim has become the hottest player on the women's tennis tour, silencing critics who once claimed the Argentine had failed to live up to her enormous potential. "I was always expecting something to happen. I've
      Reuter  -  548 words
    • 205 17 Reuter IJNSI I 1)1 I) Italian I edenca Bonsignori shewed no rc spect t«»r \meriean Susan Sloane on Monday as she humbled the seventh see.l M 6-0 in the first round ot the Virginia Slims ot Houston tennis tournament. I he 26th-rankcd Sloane was
      Reuter  -  205 words
  • Page 16 Advertisements
    • 202 16 (5 Delight in Shanghai Lavishness in Chang Jiang Set Lunches P ill I*. i T M ■K ■■pr 1 When vou are out to impress be they friends or associates, vou'll like the Chang Jiang style. French (.uernion service that is a two-time winner of the prestigious Tourism Awards' Excellence
      202 words
    • 37 16 wwwwwwwww The Discerning Man's Choice. I Creator of Prestigious Fabrics. Available only at selected tailors. Enquiries: Robert Hee iSi Co Pte Ltd »13-02 A Blanco Court 585 North Bridge Kd. Singapore <»7 is Tel: H ».i i»lt>tv
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  • Page 17 Advertisements
    • 364 17 AT ALLSON HOTEL 25 APRIL 1991 12.30PM 5.00PM Speakers: Nir Chia Cheok Sien Advocate Solicitor Mr Loh Kim Kee Advocate Solicitor Fee: $250 ($2OO for our clients only) Nome: Designation I Name: Designation Company Addiess: i zz i Tel: Fa*: AmtEncl.: _Cheque No: 1 For Details or Reservation Call Evelyn
      364 words

  • Page 18 Advertisements
    • 611 18 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GINGERBREAD AT CONNECTIONS NEED WE SAY MORE? BAR OPEN FROM 12.00 NOON TO 5.00 PM. HAPPY HOUR&f DJ MUSIC: 5.00 PM TO 8 30 PM. BAND PERFORMS FROM 9.00 PM TO 2.00 AM. Ik
      611 words
    • 263 18 Scandinavian Buffet Lunch April 1 30 Noon 2.30 pm Adult: $36+ Child below 10: $18 We serve the world to you at The Belvedere. 'ftrw'yx*' h ll» InJilm <1 twfmn Orchard Ro*d Sm®iporr 09J? Tri *****11 An exciting experience awaits you at The Gazebo jC Entertainment: If Karaoke j Mobile
      263 words
  • Page 18 Miscellaneous
    • 763 18 TELEVISION AND RADIO T\\7f\ tiIYIAC i\\7f\ 3,012 seca j?" business on radio 1 WU lllllClj IWU ?9? S.SO PM Naadag* Arangam iI) 12.15 AM D~i-D«i Pop BBC, 89.9 mHz in VMF Band II f 630 PM CNN International (I h4S o^TPi n•,r > 1.00 Close. 7.10 am 9.25 am, 1.30pm,
      763 words

  • LIFESTYLE
    • 864 19  -  Craig Whitney oil one of post-war Britain's foremost writers, known both for his philosophical bent and difficult prose Craig Whitney NYT WHFN Nicholas Mosley *s novel o /> e 1 u I Monsters won a US$4O,OOO 1 prize as Whitbread Hook of
      NYT  -  864 words
    • 406 19  -  Film-craftsmen's strike in New York goes on. dealing a heavy blow to the city's economy, writes Glenn olfins Glenn Collins NYT Members of a film-crafts union local on Monday rejected a tentative contract with leading Hollywood producers, prolonging a hitter and costly
      NYT  -  406 words
    • 290 19 CHATTERBOX A TIME magazine/CNN poll has found that 62 per eent of Amerieans think that Kitty Kelley's new book, Nancy Reagan: An Unauthorised Hiography. is trashy. The other 38 per cent, however, might be interested to know that the former First Lady took
      290 words
  • Page 19 Advertisements
    • 264 19 AND ENTEBTAIN A Yen For Fresh Japanese Food. I 2 2 11 II 12 N( H>\ i'SB si »T m 53™ I>INM R h«:i'M H> 1 Si I'KH ism him i r f f IS fi i<> i:»., M Rvu i j 1 psjg 3 i \ni» Link ai flies
      264 words
    • 142 19 MI NT O N I\\ Vn llsl l iithil(iyttu nuikt 1 im cxcathri 1 decision/ For .in iMiptu Mi it t.i it>i •>l< It > r d*v er. coiHd be more n fluii ri v'i* 1 1 'J "'ii (> 'in™ vm* fin#» ivirtes srvd it jii i»» Mm an'
      142 words
    • 246 19 r J Cafe Option* V',t Starting from Ist April, Tcc Off Cafe I W i ntr °ducing ffyjr <3 a new dining experience. y LUNCHEON OPTIONS Salad Bar from $14 00+ '^0^ Jr[ DINNER OPTIONS f Tai Pai Thong from $4 00+ Full BBQ sets from $22.00+ TEE-OFF CAFE faj
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  • THE LAW PAGE
    • 719 20  -  Systems significantly different, argues Singapore By David Gabriel THE AMERICAN government has accused Singapore of discriminatory and protectionist practices in legal serv ices, among several others. The allegations have been disputed by the Singapore government. An official of the US government admitted that no formal negotiation
      719 words
    • 475 20 Protection for the public THE futures Trading Act wast clearly intended to regulate the earning on of futures trading business in Singapore, the High Court ruled recently. The Act aims to protect the public from dealing with unlicensed brokers in any unauthorised exchange, whether
      475 words
    • 241 20 THE Chief Justice. Mr Yong Pung How, was faced recently with 68 grounds of appeal and 181 pages of written submission, which included extensive footnotes of authorities. Counsel "argued doggedly through each one of them." The CJ, in his judgement, reminded lawyers of
      241 words
    • 868 20 CASE. MAI.AV A \FK B\R AND RKSTAURAN'I Ml\\\ BROI 111 RS High Court of the Republic nt Singapore, IK' \ppeal No 76 of IM2 Justice Sinnathiiruv I lIIS matter came as an appeal from the district court where the decision was to grant possession ot
      868 words
  • Page 20 Advertisements
    • 348 20 Breakthrough in x Wavelcss VVatcrbcds t The truth about most conventional beds is, they don't cive you the proper spinal 1 y y j/ support your body requires for a restful, 4^1*1!I X relaxing sleep. With an Aquapaedic jf waterbed, you get all this and more. The Aquapaedic mattress is
      348 words
  • Page 20 Miscellaneous

  • 3224 21 I hc Kuala Lumpur Stock Exchange was closed yesterday. The following are Monday's closing prices. INDUSTRIALS 244 165 MSB 50« 2(14 -1 37 2tK> 2(W 49 8 209 < 448 310 ASM 50" 4.12 4 145 432 428 38.6 1773 3 390 280 Acidchem <82 8
    3,224 words
  • Page 21 Advertisements
    • 8 21 HER WORLD CIRCULATION UPDATE FOR MARCH 44, 857
      8 words
    • 508 21 Glub, Glub, Glub The Republic's rapidly rising skyline is worrying property developers that Singapore will soon be inundated by a glut of jf office buildings and retail space. How soon? Perhaps by the gfl jS lAI Mk ri end of 1992. Fearing a replay of the recession years, when an
      508 words

  • STOCK EXCHANGE OF HONGKONG
    • 2117 22 Reuter HONCiKONCi stocks yesterday ended barely firmer in thin, volatile trade after overseas profittaking eroded robust, early gains. "Concern over the airport project is still casting a shadow over the market," a broker said. Chinese official l.u Ping, director of the Hongkong
      Reuter  -  2,117 words
  • Page 22 Advertisements
    • 134 22 NEWS FLASH -n*' ll „M gp l Sgs s:s?^£ is g^g S^fl IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports. Shipping Agents' List, Freight Rates and a guide to port of calls of major
      134 words
    • 46 22 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT. J!zt\ h&a/l, it j&i the, Trendy collection daring male. Let's wear for the girls. iJW^pBJJp m^. y irajWM The 1 i 9 From lunch-time. /jlT*" '*&m LaSkdiM Monday to Saturday.
      46 words

  • TOKYO STOCK EXCHANGE
    • 2339 23 Reuter lOkY< > stinks yesterday ended a dull day with a burst of buying sparked by a Japanese news service re|>ort that the Hank of Japan (IU)J) will allow short-term interest rates to ease. A IH )J official later told Reuters, however, that the
      Reuter  -  2,339 words
  • Page 23 Advertisements
    • 160 23 BANKING, FINANCE INSURANCE 1991 i A Business Times Special Supplement The theme for this year's supplement is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the
      160 words
    • 9 23 Managers must manage. BT shows you how every Monday.
      9 words

  • REGIONAL STOCK MARKETS
    • Taiwan shares plunge on political tension
      • 204 24 AUSTRALIAN stocks yesterday climbed to a higher close for the fourth straight business session as investors turned the light on blue-chip industrials. The All Ordinaries Index rose 8.7 points or 0.6 per cent to 1,470.7, pushed up by demand for banking, retail and transport stocks. Brokers said the market
        204 words
      • 1273 24 Australia Apr 16 A Cents VdfN) AC Minerals 68 -2 ***** ACM Gold 32 2 3828 ANZ Bank 344 +10 ***** Aberfoyle 400 8 40 Add Sim 13 +1 1942 Advance Bank 554 2 316 Alcan 152 -3 160 Amcor 494 4 5624 Ampol Ex 266 unch 96 Argo 237
        1,273 words
      • 824 24 IN BANGKOK, fears of protests against the passing of legislation disbanding labour unions at state enterprises lingered and weakened an early rally yesterday. The SET Index closed at 886.03, up 1.37 points after having risen eight points in the morning. Turnover stood at 32.44 million shares valued at 3.845
        824 words
      • 545 24 MANILA shares closed mixed to lower yesterday in what analysts saw as a temporary weakness, which may last through this week, following months of gains. Traders sold old stocks to prepare for new issues soon to be listed, brokers said. The Manila Stock Exchange Composite Index fell 5.44 points
        545 words
      • 199 24 IN WELLINGTON, the bourse yesterday finished weaker overall, after reaching its 1991 high on Monday, when buying interest dried up in some previously keenly-sought issues. Ahead of March quarter consumer data today brokers see the market consolidating or easing some more in the next few days. But they
        199 words
      • 400 24 ESCALATING political tension in Taiwan yesterday sent share prices plunging almost across the board. The 227-issue Weighted Price index on the Taiwan Stock Exchange plummeted 358.14 points or 6.31 per cent to settle at 5,313.31 points, almost wiping out advances made in the six previous consecutive trading sessions. The
        400 words
      • 772 24 THE SEOUL stock market rote slightly yesterday following eight days of falls after fluctuating in a narrow range, but tight won liquidity continued to depress the market. The Composite Stock Index closed the day at 635.41, up 0.89 points. Turnover was thin at 71 billion won against 68.9 billion
        772 words
      • 82 24 BOMBAY share prices on Monday ended with gains after a bullish opening triggered heavy profit-Caking by institutional players. "The market was on a high. Most brokers had only buy orders in the morning," said a broker. He said reports that India would not default on its foreign loan repayments
        82 words
      • 100 24 INDICES TURNOVER Close Pretiutn April 16 SYDNEY All Ordinaries Index 1.470 7 1.462 0 8 7 All Industrials Index 2.281 8 2.2689 12 9 All Resources Index 850.9 845 5 5.4 Turnover (million) 97 41 88 33 9 08 BANGKOK SET Index ***** 884 66 1.37 Turnover (million bahl) 3.845
        100 words
      • 306 24 Afr IS lain *y«r a U USB 1 1 k ymm World ...415.4 0.5 16.0 0.4 14.4 0.7 114 *EAFE 547.5 0.5 16.5 08 13.6 I.I 12.6 Europe 434.6 0.6 19.2 0.5 9.9 0.8 90 Pacific 434 6 0.6 19.2 I.I 16.6 1.4 15 6
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  • Page 24 Advertisements

  • WORLD STOCK MARKETS
    • Dow ends higher after volatile trade
      • Article, Illustration
        1513 25 NEW YORK stocks turned volatile on Monday as traders tried to figure out whether the Fed would bring interest rates down to revive the economy. Weakness in IBM stock was a strong factor in keeping the market from moving higher. Many concluded that the Fed would do nothing
        1,513 words
      • Article, Illustration
        880 25 LONDON shares slipped back in midsession trading yesterday after reaching a new all-time trading high in early dealings, as profit-taking and the announcement of a higher than expected rise in factory gate inflation took their toll. The Footsie Index of 100 leading shares first erased its April 5 high,
        880 words
      • 292 25 AMSTERDAM shares began quietly weaker in line with German shares yesterday, but dealers said underlying sentiment was still strong and buying could soon return. After making a 1991 closing high of 97.1 on Monday, the CBS General Tendency Index languished 0.5 lower at 96.6 at 0944 GMT. Three items
        292 words
      • 165 25 GERMAN shares traded around 0.5 per cent lower at the start of trade yesterday, but quickly bounced back from these levels to trade just below Monday's closing levels. Dealers said volume was low at the start. Selling came on profit-taking after Monday's 1.2 per cent rise. The 30-share DAX
        165 words
      • 180 25 FRENCH share prices inched up from morning lows at midsession yesterday but remained marginally weaker than Monday night and locked in a tight range. The CAC-40 Index was down 4.13 points or 0.23 per cent to 1.818.22 at 1040 GMT, after falling as low as 1.812.66. Traders said buyers
        180 words
      • 266 25 SWISS share prices opened lower in thin volume yesterday as a plunge in Ciba-Geigy shares depressed the whole market. The SMI blue-chip index dropped 17.1 points, or 1.01 per cent, to 1,678.3 in early trading. "We were quite surprised about the drop given the gains in New York and
        266 words
      • 208 25 IN BRUSSELS, shares opened mixed to lower in thin volume yesterday as the speculation around retailer Delhaize faded. Volume was worth 143 million francs in the first half hour. By 0848 GMT. however, the Bel2o Index had edged up 0.07 per cent to 1,210.55. "The market is not so
        208 words
      • 120 25 Milan \pr IS l.ire I Ass (ion W>«>80 110 .'SI II) I I I.it SftC -49 I I msutcr siisp IliPriv ***** -175 Italcementi Orii ***** 80 lt.ilg.is 30 Magneti M PI WW 4 Mcdiobanca ***** UK) Miralan/a Mondadori Priv susp Montedison 1530 19 Olivetti Ord -42 Olivetti Priv 2880
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      • 95 25 PRICES on the Stockholm bourse dipped slightly in quiet early trade yesterday. mainly as a result of a lack of market-moving news but also because the market was in a consolidating phase. "Prices should go down. Many investors want to buy but hesitate at the present price levels," said
        95 words
      • 358 25 THE JOHANNESBURG stock market showed no immediate response yesterday morning to news the EC has lifted more sanctions against South Africa. Dealers said little benefit can be expected in the near term, but the news should have a good psychological impact. At 10:00 am, the major JSE indices were
        358 words
      • 291 25 TORONTO stocks on Monday closed slightly higher in trendless trade after fluctuating within a narrow range in line with first quarter earnings results from the US, dealers said. Investors are also waiting for further signs of a discount rate cut by the Fed, they added. The Composite Index closed
        291 words
      • 109 25 INDICES TURNOVER April 15 W l*re»io«is NEW YORK l)ow Jones 2.93 J. 17 2.920.79 HIM NYSK Financial 152 79 152 17 0 62 S P 500 381.19 380 .40 fO. 79 Turnover (million) 161 8 1986 -.368 LONDON Financial Times VI 2,(10 <6 1,997 5 6 1 FTSK KM) 2,542
        109 words
  • Page 25 Advertisements
    • 25 25 For information on where to buy your copy of: Singapore Business, Her World, Go, Home Decor, Young Parents call our Customer Services Section (740-1839, 740-1840)
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  • CURRENCIES/COMMODITIES
    • 742 28 REPORTS lIU US DOLLAR was little change J against the mark hut firmer against the yen in quiet earl> Furopean trade yesterday. I raders said profit-taking led the dollar up against the yen alter operators failed to detect any sign of*
      742 words
    • 288 28 Vt Interbank rates w. p m< st \s \/> Smithsonian cross j < urniHivs Hid MTer parit> h.inue v i i i |.27A)| I MM j I <k:iI dollars tu one unit of foreign current >: «.72M tt%55 I Nusii.ili.m dollar I 3ft9X MM 3.42Xft ft005 anadi in
      288 words
    • 125 28 Average of prime or equivalent !ttsn»t I > i\ lending rate \p» i< M< li thfluk I ;.inUiiil* I lo'lfklHIK Ilk.111.I r 1 If* kil l! I Ullipiir 7 I l »M(|<tfl I M mi!.i ?X«% V vNork '>»% |.*y. 77 1" >' SiimJIxiro** "(>*• *n s
      125 words
    • 759 28 Price prospects for commodities Reuter GOLD PRICES are projected to rise in the 1990s because the balance between supply and demand is expected to improve, the World Bank said. (iold is expected to average US$4lO (SS72I) an ounce sersus $383 last year,
      Reuter  -  759 words
    • 371 28 FT EC FOREKiN MINISTERS on Monday ignored last minute objections from the African National Congress and the European Parliament, and lifted the 1986 ban on the import of South African iron, steel and gold coins. Welcoming the move, Mr Tristan
      FT  -  371 words
    • 340 28 COMEX Apr 15 GOLD FUTURES (100 o/) 1 S$/o* Open high low Settle hange Apr 41 361.30 361*) ***** ***** +0.30 Mav 362 20 +0.50 Jun' 363.30 36 3 70 362 10 36 3 20 *-0.50 Aug 366 00 366 50 365.20 366 10 0.50 Oct V>980 369 80 369
      340 words
    • 199 28 lIONGKONC: Gold finished little changed in quiet and narrow-range trading on a lack of fol-low-through bu\ing. dealers said. "Late Swiss selling and Japanese long-liquidation offset early local and Australian demand." a bullion dealer at a Swiss bank said. IX'alers said they
      199 words
    • 48 28 IOKYO: "Rubber futures closed mixed, with prices ranging from 1.1 yen per kg easier to 2.5 yen firmer. Benchmark (jctober gained 1.4 yen to end at 114.2. The market opened easier in all contracts, due to the dollar's weakness against the yen overnight. Malaysia: Closed Singapore: Closed
      48 words
    • 435 28 London Metals P r 15 Close Previous ALUMINIUM. 99.7% pwrity USS/tonne Cash 1379/1380 1397/1398 3 months 1411/1414 1427/1428 Sot 1 lemon! 1380 1398 Turnover 17.426 22.250 COPPER. Grade A £/tonne Cash 1356/1357 1371/1372 3 months 1355/1356 1364/1365 Settlement 1357 1372 Turnover 10.649 13.604 LEAD £/tonne Cash 331/332 338 5/339 3
      435 words
  • Page 28 Advertisements
    • 665 28 :T n" IN s s "r IM I s 1 ffi MWM TELEPHONE r3O-5771/5772/5773 FAX: 734-4^82 jf TENDER SALE 1 I l TJCCL'PIU CXh JJEc *1 /(>Y oj cog*o*c 'JIKS'i tXS/'K<j.wm II Ar; Urnquc _-»*>(_ tion of Corjnac Ccollection over I! !he ye v a .vid enthu-i ist j| Extra
      665 words
    • 15 28 •I he kl lin and Palm Oil markets were closed Tor the llari Kaxa holiday
      15 words

  • 1131 29 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA895 1235 I MH609 1625 SQUO 1445 Adelaide QF81 2000 QF82 SQ227 2200 2245 SQ1I1 MH/SQ f>7 1 1705 1800 SQl 12 QF031 MH631 1545 1545 1640 Amsterdam GA895 KL831 1235 1410 KL832 SQ24
    1,131 words
  • THE TRAVEL PAGE
    • 656 29  -  POSTCARD FROM FRANCE jf J' By Garry Booth Touring at 608 m and a seemingly sedate 192 km-per-hour is a dreamy way of spending a long weekend. To mooeh around Franee in a Cessna 172, the Cortina of the skies, gives an odd perspective
      656 words
    • 171 29 As at 3pm on Apr 15: IiOcal dollars to one unit of foreign currency Currencies Bid tMTer Australian dollar 1.363 I 183 Canadian dollar 1.509 1.529 NZ dollar 1023 1.053 Sterling pound 3.117 3 1 37 US dollar 1.7500 1.7600 hwal dollars to I (Ml units of
      171 words
    • TRAVEL SLICES
      • 88 29 GERMANY'S new high-speed luxury trains are scheduled to begin service on June 2 between Hamburg and Munich. Twenty-five new trains of the German Rail Intercity Express service will go into operation then in the first stage of a US$2 billion (553.52 billion) modernisation
        88 words
      • 100 29 IN AN effort to steer tourists away from the black market, the Soviet government has raised the official rate of exchange from about 6 rubles to the dollar to 27 rubles to the US dollar. The new rate does not apply to prepaid expenses, such
        100 words
      • 77 29 CANADA said it is lifting travel restrictions tor tourists carrying the Aids virus and delegates to a national Aids conference on Monday urged other countries around the world to follow suit. In his opening speech to the 1991 Canadian Aids Conference, Canadian Health Minister Perrin Beatty
        77 words
      • 95 29 NATIONAL Car Rental is offering special car hire discounts for visitors to the US under its summer Passport Rate programme. The discount represents 50 per cent off the normal daily rate prices, and is available to all non-US residents. Hiring an economy class car for seven
        95 words
      • 70 29 REGAL Airport Hotel in Hongkong is due to launch its "888 Premier" package next month, with rooms priced at HK$BBB (Ss2oo) per night inclusive of tax and service. This is a reduction of about 50 per cent off the published daily room rate. The offer
        70 words
      • 105 29 DUSIT Thani Hotel Group has introduced five-night accommodation packages in Thailand, priced at 4590 baht(Ss32o) per person on a twin-share basis. Rates are subject to a2l per cent tax and service charge, and do not include airfares. The "2 3" package allows visitors to stay two
        105 words
    • 97 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tej April XVI International Buenos hamher of (541 ****** \pril International Utrecht, Koninldijke (31)*****91 11-2ft Furniture Aires Manufacturers 15-19 Packaging Netherlands Nederlandse Exhibition ut Furniture Exhibition Jaarbeurs Fxpomueblc 9| Racacav Apnl International Zagreb. Zagrebacki ********** 16-21 Consumer Goods
      97 words
  • Page 29 Advertisements
    • 35 29 Geneva know when you'll need Finnair for Europe. Because Finnair flies twice-weekly from Singapore to Helsinki then on to over 30 European destinations. Call *****77 for details. £/=7/WV/7/>7 We know Kurope from start to Finnish.
      35 words
    • 94 29 No. 1 Coleman Street. An address of (fistinction. Ideal for medium and large companies. Immednte occupation. Office units with areas ranging from 1.400 sq ft to 29,000 sq ft at attractive The Adelphi for medium and companies: as your headquarters, regional centres or the storey cum offers the plus an
      94 words
  • Page 29 Miscellaneous
    • 200 29 1 Kindling a respect for 10 Fairy with opportunity for L«J— looking round (9) 12 Smile when offered a Bli ~■J ■J~~~"Lhi sweet alternative? (3,6) 13 Follow commercial advice 18 in an exhibition (6) Mi 19 Having money to 28 A shot which misses the bull but does not get
      200 words
    • 216 29 Singapore Outlook: Showers over several areas in the afternoon and early evening. Forecast: Maximum temperature 31.6"C Assoc humidity 73% Minimum temperature 24.2"C Assoc humidity 99% Hours of sunshine 4.10 Rainfall in mm 32.2 Rainfall this month 65.9 Rainy days this month 6 World report Asia- Pacific lfi/1 Cond. Auckland 21/13
      216 words
    • 40 29 liiilkig.MiPßtßgßl (wwpiT'S PVULTHIS we?} trvooTHINK, vn PB^tof STOP IMfJ IN G, B* I V J THE CHtJTeJ? PcKRY TtWl \je-we. GOT ft Nice. LiTTue. you've got r\No-rneß NOWBCR ne*e... J Uwtc "Sg; AM 8406 C EVEMNO STANDARD CO. LTD, IM3-IMI
      40 words

  • 540 30  -  Investment service centre to be set up From Yong Pow Ang in HAINAN HAINAN'S top leader wants Singapore to do for the island what it has been doing tor Batam including the development of special industrial zones and bringing in multi-national corpoiations
    540 words
  • 464 30 Gorbachev's visit to Japan Agencies SOVIET President Mikhail Gorbachev and Japanese Prime Minister Tashiki Kaifu agreed yesterday to tackle head-on their long-standing territorial dispute and close what Mr Gorbachev called one of the last fronts in the Cold War. In an emotive appeal. Mr Gorbachev
    Agencies  -  464 words
  • 221 30 Reuter THE WORLDS leading trade watchdog said yesterday the European Community was blocking many foreign imports to protect its own producers and could pose a major threat to fair international trade. A report compiled by the 101-member General Agreement on Tariffs and
    Reuter  -  221 words
  • Page 30 Advertisements
    • 128 30 fi 1 IVI C 3 F=* E S l=Z I—ll The Richness Of Leather Handmade To Perfection. f CI.RKUTI 1881 ITUM39 MI N'S IKHrrigiiKS i (in. ll' i I l>l 'tS'Wo>* •4/<H > VIIMIII Ami. IHi li.ir.l Kokl Id 7M l 'W 01 |S I. xiiiii <11, I 1 H.
      128 words
    • 182 30 ra i l\/l F=E S I —II The Rjchness Of Leather Handmade To Perfection I >jr+~'*r-s*S' *Jl* Qu- *»*N %r-*m 3 2gw 111J «^SET-2^ USUAL Relational Business graphics database Desktop tools Og)l JuU Spreadsheet Communications Word processing Network-Ready NOW Move up to Open Access 111. If that's not enough, here's
      182 words

  • Shipping Times
    • 368 31  -  By Dexter Lee NEPTUNE AGENCIES, the shipping agency arm of the Neptune Orient Lines group, has automated part of its shipment information service with a 24-hour telephone enquiry system. Called Neptune Link, the new system helps customers coordinate their shipments even more closely by
      368 words
    • 342 31 NORWAY is to introduce legislation requiring shipowners to adopt quality assurance systems on passenger ships and tankers in a new campaign for greater safety at sea, reports Lloyd's List. Norwegian Trade and Shipping Minister, Eldrid Nordbo, announced the new law
      342 words
    • 410 31 AFP JAPAN'S Toyota Motor Corp said it was considering a plan to sell vehicles made by German car giant Volkswagen AG, which already has the biggest share of the Japanese market for imported cars. "Toyota has been considering a number of possibilities regarding imported
      AFP  -  410 words
    • 358 31  -  By Magdalene Phang SHIPPING GIANTS A P Moller-Maersk and Sealand Services Ine plan to join forces from May 1 to consolidate their services in the Asia-North America trade. The cooperation focuses on customer benefits, including improved vessel schedules, enhanced frequency and better
      358 words
    • 224 31 JUST as the international liner companies are stepping up their operations in the Ascan region, the buoyancy of the Thai economics has resulted in the rapid development of the regional shipping fleet, according to Sumatc Tanthuwanit, managing director of Thailand's Regional Container Lines. And as
      224 words
    • 235 31 AP SAUDI ARABIA plans to turn out its first domesticallyproduced helicopters in the second half of 1993 through a venture with a foreign partner. The Deputy Minister of Aviation. Prince Fahd bin Abdullah, told the Saudi daily Asharq Al-Awsat the pro duct
      AP  -  235 words
    • NEWS SUMMARY
      • 79 31 IN THE past decade, the US car industry has invested more than USSi(X) hillion to improve quality, develop new designs and make vehicles more appealing. Hut the biases ot a new wave of young drivers who are shopping tor their first cars spell deep trouble
        79 words
      • 57 31 DUBAI International Airport's new cargo complex, which was formally opened on Monday, will raise the airport's annual cargo handling capacity from the present 140.000 tonnes to over 2*0.000 tonnes. The new "Cargo Village" complex will he a free /one and enable reexport consignments to
        57 words
      • 44 31 FERRY OPERATORS in the United Kingdom are inefficient and have unnecessarily high operating costs, said the head of Stena Line AB. He added that UK operators needed to improve performance by reducing vessel down time and increasing productivity Back Page
        44 words
      • 58 31 LIMOUSINE converters arc companies that saw regular cars in half and add extra seats, a television set and other niceties. In the mid-1980s, they sold about 4.000 stretch limousines a year, but with the rccesr sion in the US, makers arc expected to sell
        58 words
      • 47 31 SPANISH carmaker Scat, which traditionally focuscs on small cars, is coming out with a new saloon called the Toledo in the next few weeks. It is aimed at competing with such models as the Peugeot 405 and the Renault 21 Back Page
        47 words
    • LOG BOOK
      • 96 32 THE CIVIL Aviation Administration of China (CAAC) has ordered three Boeing 737-300 aircraft worth US$llO million (Ssl92 million). The aircraft will be powered by CFMS6-3 engines which are built by CFM International, a joint venture between General Electric of the US and Snccma of
        96 words
      • 44 32 POLARIS Aircraft Leasing Corporation has taken delivery of its first new Airbus aircraft, one of five A3OO-600Rs on order. The new aircraft will be leased to Compass Airlines, a new Austrian carriers which began domestic services in December last vear.
        44 words
      • 63 32 FERRY traffic across the English Channel between Dieppe and Newhaven was disrupted on Sunday by seamen, a spokesman for the Anglo-French Scalink company said. Employees demanding wage negotiations blocked the departure of the ferry Champs Elysees from Dieppe, preventing its sister ship from leaving the English harbour
        63 words
      • 102 32 A SOVIET nuclear-powered submarine exploded and sank at a Soviet naval base near Vladivostok in May 1985, a leading newspaper reported. The Asahi Shimbun quoted the Japanese chapter of Greenpeace as saying one of its members learnt of the explosion during a visit last year to
        102 words
      • 62 32 GEORGIA'S railways and ports have stopped shipping goods to other parts of the country to back the independence declaration and force Soviet troops to leave the pro-Soviet enclave of South Ossetia. The soldiers have been trying to halt fighting between Georgians and Ossetians opposed to
        62 words
      • 81 32 JAPAN'S Maritime Self-Defence Force (MSDF) has begun a 10-day minesweeping drill amid speculation that Tokyo will decide later this month to send naval minesweepers to the Gulf. MSDF officials said the current drill was one of the regular exercises held four times a year that include
        81 words
    • 1222 32 A wave of young American drivers are shopping for their first cars, and their biases spell trouble for the US car industry, for they belong to a generation of'import committed' buyers NYT WHEN Sue Anderson passed her driver's exam 1 0 years ago, she inherited
      NYT  -  1,222 words
    • 1688 32 CHARTERING activity on the dry cargo freight market began the week quietly with details emerging of the key US Gulf to Japan grain run fixed at an easier U5523.50 for 12-22 May loading, brokers said on Monday. The Baltic Freight Index declined five points to 1,583 with the
      1,688 words
    • 720 32 THE trend was hesitant over the past week on the dry cargo market, but reports of Soviet enquiry restored confidence ahead of the weekend, brokers said here 1 he Baltic International freight Futures Exchange (BIFFEX) index still finished the week 10 points down at 1.588 points After a
      720 words
    • 12262 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,262 words
    • SHIPS IN PORT
      • 569 47 Vtael Voy No Berth Amval Departue Vessel Voy No Barth Armrjl Departirt Keooei WltarvM Sri Tan,ung SU791 M3A 1/04/0900 1/04/1400 AlMohammed 6 K30 alongside 1/04,7359 Super Star 1 1/91 M5A W04/0900 IjOj ?300 Betorussiya 01,91 (P) K29 atongs.de 16 04 2300 > 0W91 Ml* 1704/0000 1/04/2300 Con
        569 words
      • 1395 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcinf/Balance Rstts Ship Voy No Etb/Btr Period From To From Act Rose 12 19/1400 1 16/1500 16/1659 16/1900 2 16/1/00 17/0659 17/0900 Ad Goncharov 20Si9I 19/1200 3 17/0700 17/1159 17/1400 Aka Bhum 482N 18/1445 2 16/1700 17/0659 17/0900 4
        1,395 words
    • 401 48  -  From S N Vasuki in DUBAI DUBAI International Airport's new cargo complex, which was formally opened on Monday, will raise the airport's annual cargo handling capacity from the present 140,000 tonnes to over 250,000 tonnes. Mr Mohi-Din A Binhendi, director-general of Dubai's Department of Civil
      401 words
    • 238 48 INTERNATIONAL airlines have resumed services to Dubai and the Emirate's Department of Civil Aviation (DCA) is busy drawing plans to invest in new facilities and also allow the national carrier, Emirates, to expand capacity, especially to the Far East. Preliminary work has started on
      238 words
    • 350 48 AP THE United States' gross national product shrank. Unemployment grew. Now limousine makers arc getting stretched. Not only had the US recession and the Gulf crisis combined to squeeze corporate profits and workers' pay cheques, but the companies that make limos aren't making quite
      AP  -  350 words
    • 359 48 FERRY OPERATORS in the United Kingdom arc inefficient and have unnecessarily high operating costs, said the head of Stena Line AB. Lars-Erik Ottosson, president and chief executive, said UK operators needed to improve performance by reducing vessel down time and increasing productivity, according to a Lloyd's
      359 words
    • 360 48 AFP SPANISH carmakcr Scat, which traditionally focuses on small cars, has decidcd to go for broke and try to join the "Big Boys", or at least the ones in the medium-range field, with a new saloon called the Toledo in the next few
      AFP  -  360 words
  • Page 31 Advertisements
    • 129 31 I mi UNITED I Uiil ttAgNGigwigsmtro NOL introduces NER TUN EL INK A 24-hour automated telephone enquiry system. Simply dial in to Neptune Link at *****00 and you'll get instant access to 6 of the most common types of information you'll need to know about your shipment: 1. Information on
      129 words
    • 27 31 Container Schedule 17 oa4y 2 lnde« to Advertisers 3 Shipping Guide 10.11 Ships m Port H Singapore Ides 17 Weather and Sea Conditions 17 Weekly Freights 2
      27 words


  • Page 33 Advertisements
    • 2338 33 JARDINE SHIPPING AGENCIES %UIM 200 Cantonment Road #12 06 Southpoint. Singapore 0208 \lllfr *****11 TELEX NO RS 241/9 ■fßira terminal, t?i *****18 220 V* DUuSa'l BOOKINGS Tel *****34 258 L IMAI M PESAKA JARDINE SHIPPING AGENCIES PORT KELANG TEL *****18 TELEX NO MA394///MA39/01 HHHB PENANG TEL 62*144 TELEX NO MA4OO/3
      2,338 words
    • 1277 33 INDEX TOMWKIjSERS I'jtfv Col Cul 1A- I I M ABC ontainorlinc 12 I Mf R I r*dg 13 1/2 Accord Cirinjp 8 1-3 Mac-Ncls Agencies 14 1/2 A, s 15 Macoiinc 9 4/s AhrcnkidLiner 16 3 Madju Sdn Bhd 15 1/2 A 5 5 «Macrsk Line 3 4/5 Allicd-I.ink 16
      1,277 words
    • 2565 33 NEXT VESSEL TO U.S.A. LOUIS MAERSK V.0104 ETA 23/4/01 Vessel Voy ETA ETD "Po»l "Penang DESTINATIONS Singapore Kelang Lows Mwm 9104 Feede* by OMO MRS M Fa'co CFS 22 4 2359 MRS M Tauro OAK LGB MOU MEM ATL MIA CMS BAL PHL NYC MON TOR LOUIS MAFRSK 9104 l.'U
      2,565 words

  • Page 34 Advertisements
    • 1436 34 Irottedam VOY NO S PORF SOUTHAMPTON HAMBURG ANTWERP IE HAVRF fIHHH* HAMBURG EXPRESS 02/115 19 4 10'5 8/5 715 |^jl^ HANNOVER EXPRESS 02/315 21/4 8/5 10/5 13/5 14/5 i KATSURAGt 05/116 25/4 16/5 14/5 13/5 I. ALL WfSTBOUNO t. THAMES 05/316 29 4 15/5 17/5 20/5 21/5 KCLANG 8 PENANC
      1,436 words
    • 582 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2103E 25/4 12/5 15/5 20/5 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI (PERU) L J BONTANG 2103E 25/4 3/6 4/6 7/6 9 6 10/6 Agents •tiff#
      582 words
    • 1585 34 BSmasii &mms REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTB6UND f6R EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT EEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MANSOORAH 9107 3 21/04 11/05 12/05 17/05 18/05 19/05 20/05 21/05 22/05 ARABIAN SEA 108W 28/04 19/05 20/05 24/05 25/04 26/04 27/04
      1,585 words

  • Page 35 Advertisements
    • 2122 35 S/jgSteamers Maritime Holdings Ltd P&O mi STRAITS SHIPPING ■ML *3 Slnwora It BrMti East Malaysia, Containers M ACCEPTS OUt SAILS Voy Mi P»r P«l S l»i'« 4 Sou 1 1 CARGO LUSI VAtWS* i:m lIM IMW 1104 ailf. >»o*> U" n »o*> HAJAH BHOOAI VIII Mu.'a lib NK IN fl
      2,122 words
    • 2332 35 |TQ 1I 8 A /PAMAMA I W H A/PANAMA I NYC NO* MV CHI ICI OAK SP V SP OA* IU C*l IDS UV NO* NYC PANAMA UN *f ll» IM IM l«» 111 li t 1M 111 I ASIAN MNAIO* l» lit Kl IV) I/) At II II CMOYANG
      2,332 words
    • 406 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS _ycs«i_ woT Tsp ]kuc kk~ JIRANGE OCEAN ~9 Slfl Is 4 114 FUIJIN i "sid EASTERN PEARL" j Z Z "i 7/4 7 COSMIC CHALLENGER 4~Tm n< 16 4 CHAMPION TRADtR It 704 AMBALIKA M lij/4 1~~ twin sistTr I JOH
      406 words

  • Page 36 Advertisements
    • 725 36 Mtfiß CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY (TroSTl ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYAiIWB 13(4 I*s 21/5 W5 KUTAI 22W8 1d 14,6 17 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|Kt lo Inducement Also accepting cargo to Caaablanca. °ofl Said. Port Alaiandria. Ganoa. Trieste ALSO ACCEPTING BOTH
      725 words
    • 1165 36 wwww HANJIN SHIPPING S oor. IIFH RTM aNR HAM rdu m 1 f EEOC* VSL SIN LINE HAUL LAX OAR HANIIN LiHAWRE Oi;w Ft id s 11' l tj" ifs HANJIN OAKLAND 013E 24,4 H ROTTIROAM 014E »5 215 HAN N TONCHAE Ml* 165 75 *5 71 I HANJIN ROTTERDAM
      1,165 words
    • 1430 36 J -T 1_ P L H C 1,50 lC Pus M T os cr SIM T*o I** CMS B*l NTC LHV ANN ROM IMP MBG PSO CUB PKE SOP I ii'i i?'i 2! **l\ i'l 4 5 4/5 S 5 m 315 11* IJ< l« &■> 10-7 11Jim GOLDEN HI
      1,430 words

  • Page 37 Advertisements
    • 2227 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 gm TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 S3K NEPUNE SDN BHD MALAYSIA K L.-(03) *****33. P. KelanQ-(o3j *****87, Penana-(04)
      2,227 words
    • 1186 37 m 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 VCSSIIS VOYAGI |SPC»£ |v»« -"C'M VOYAGI $PO»f mSuDG I HivtS Talo«» »OTT
      1,186 words

  • Page 38 Advertisements
    • 1666 38 K" "W W< ft AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) w TEL: *****77 TELEX: KAWAKIRS23I6S FAX. *****79 I IVI U MALAYSIA: 'K" UNE MARITIME (MALAYSIA) SDN BHD BV BW TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 ■MB KAWASAKI KISEN KAISHA LTD INDONESIA: P.T. SARANA
      1,666 words
    • 1387 38 9 PHILI-ORICNT UN€5 PTC LTD '08 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 f TEL *****22 *****69 *****00 TELEX RS ***** PHILI FAX *****76.*****38 BY AIR, LAND OR SEA SfcajgT WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION APR 19 APR DUBAI. DAMMAN, SHARJAH,
      1,387 words

  • Page 39 Advertisements
    • 1773 39 SSSgJEIIM PACIFIC INTERNATIONAL LINES (PTE) LTD fljf B PIL Building. 140 Cecil Stteel »03-00. Singapore 0106. I JAKARTA I IRANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN GOWA 9106 IS/4 21'« SEA GLORY 9113 191* 22/4 2«/4 ,10. 20, 22,4 26'4 23M SJJ EDEN '61 22/4
      1,773 words
    • 1118 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT I VESSEL VOY NOS SPORE LEHAVRE ROnERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Setandia f 108 17/4 4/5 5/5 7/5 8/5 Benalder 106 18/4 10/5
      1,118 words
    • 617 39 MM* MYANMA pBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg MYITKYINA V427W 20 2? Apr HPA AN VI62W 22.27 Apr THE BANK LINE (A tervice of Andraw Weir Shipping) SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA
      617 words



  • Page 42 Advertisements
    • 749 42 fO AUSTRALIA/NEW ZEALAND VSL RiS iFrem iMe'S Tsid [*wk NPE |P CHAIN ■artha ii m .'B4 >V "irr F) 7ST "h! Til ELLEN MUOicTT""ul TTi .'6 5 "SI 16 si BRUSUL 2/1 jSI il lo"b no m 717 7F» C VEROIMFTt? lib lis /lb _'«h ~~T) 62 TO USA/CANADA vSL
      749 words
    • 992 42 Irßi T'MliT a EXTORT^SnioNSoN^AIWA^nAPA^WCEWEEKLr^^^^^^MALTcC^miT^EEDEnERVTC^^^ I [OUTBOUNO VOY PKE PNG JKT SIN HKG KAO KEE TYO SMZ NGO KOB~|| VESSEL VOY SIN PKL PNG BLW SIN ACX ROSE ~i7~ 20 4 "15 1 19 4 26 4 30 4 1 5 2 5 ICE BIRD 1A 18 4 19 4 21
      992 words
    • 219 42 4.7k P.T. UNITED SHIPPING lof ORGANISATION LTD 4 DIRECT REGULAR SERVICES X JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA A SURABAYA W Accept cir|M« to all other Indonesian ports -jf with transhipment at Jakarta or Surabaya. DESTINATION ETA ETD VSL JAKARTA 20/4 21/4 P KALIMANTAN W 24/4 25/4 P SUMATERA
      219 words
    • 1437 42 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE #15 00 SINGAPORE 0207 FAX: *****66 CIMio! iIStMOOOOM CABLE: COSTARLINE General Agents: OOfTAR SHIPPING PTE LID TO HONOKONQ AND CHMA PROM HOMO KONQ AND CHMA VESSELVOY SGP HKC SHA XIN HPU OAL QIN VESSELfVOY SHA XIN HPU DAL QIN HKG SCP GAO
      1,437 words
    • 117 42 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETO LOADING FOR DELI INDAH ***** 19 491 PK. BALAM NAGA JAYA DOCK LAMPUNG JAYA 22 4.91 23 491 PANJANG PALEMBANG PINANG JAYA In Port ***** PANJANG PERITA JAYA In Port 22 491 PANJANG/PALEMBANG ABADI JAYA 19
      117 words

  • Page 43 Advertisements
    • 1001 43 UKC CONVENTIONALIMVICI Vntel CM PNC P C Loading for A VtSSEt ?8 04 Hottfrdam Antwerp CHINA Hill COWTAIWEK »EKVICE V«tsei SCP PKL BKK HKC QIN SUA YANCFANGKOU 1« WO4 J0 04 0/Ob 12,05 16 05 YANIiFAUGKOU 151 »05 Jo,lh 0' 06 12 06 16 06 Aljo j. c«ot ng otfwr
      1,001 words
    • 342 43 MARINE AtitNCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lln«») \s\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FONb^ONVENTIONAL~ VESSEI IVOV ETA LOAO»NG FOfl SPORE ABBAY VWONZ '8 06 OAHESSAIAAM MOMBASA DJIBOUTI assab massaaa NETSANC r 10 06 CARESSALAAM MOMBASA DJIBOUTI ASSAB
      342 words
    • 757 43 PUL MfTMMAFIOMAI 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 t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY
      757 words
    • 398 43 VESSEL VOY SPORt SYD VtSSIL VOY SINCAPORE BAN&KOK PLANETA OMi 04 10/5 22 24/5 2t 24/5 JENLINK SIN Thur 11,4 Sun 21/4 PIYA BHUM 070* 14-15/5 27-21/5 31 2/4 NANTA BHUM 37N 19/4 Mori 22/4 PVANETA OM9 2 1% 15-17/t 19-21,< BENJA BHUM 02N Sit 20;4 Tu« 23/4 P.KELANG/PENANG/KUANTAN NANA
      398 words
    • 438 43 Tietn urc VSL VOV SINGAPORE I MADRAS SINGAPORE VESSEL VOY SIN I*AA SIN 'TIGER STAR 156N 21-30/01 K-WO5 TIGER BAY IS7N 2921*04 05 071)5 13-13/05 TIGER STAR 15tN ($-0605 12 14/05 20 20*05 VSL SINGAPORE/CALCUTTA/SINGAPORE VESSEL VOY SIN CAL SIN TICER RIVER 127CN8 13-1304 19 2104 27 2904 TIGER CREEK
      438 words

  • Page 44 Advertisements
    • 1361 44 MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEI: *****02 [I PENANG TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL (089) 7786/9 P KELANG TEL (03) *****7/ KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I [\-/\"V"| J BAHRU TEL (07)*****2 SIBU TEL (084 *****2 SARIKEI TEL (084 *****8 > W
      1,361 words
    • 377 44 ITZW* BLUE STAR LINE ISINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAI KINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING EC I. LCI. EOK AUCKLAND. NAPIER. WELLINGTON. BLUFF. CHRISTCHURCH. DUNEDIN, I.YTTELTON. INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK IYT MAHSURI OSW 22 Apr 4 May Via
      377 words
    • 1165 44 /SCI 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 wisSEL fvOY [ETA [pest ttttll VOT ETA PEST KIM SOON LI 14 91E 20 APR PENANG
      1,165 words

  • Page 45 Advertisements
    • 815 45 COMPANIA PERUANA b nCjHL de vapores PERUVIAN STATE LINE" ACCEPTING BREAKBULK FCL/SOC CARGOES TO;FROM CALLAO MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penary" P Kelang Singapore E Msia THOMASEVtRE! I M2l Apr 22 2* Apr 27f2S Apr KARABIEVERETT "a* SHAPLAEVERtTT 25(27 May
      815 words
    • 557 45 vsl [vqy [spore Imainliner [lax Ikst Isav [nyc Ihfx 2IM TU'ESTt IM i; I l ITALIA li 4 21 S It 5 X 5 31 S /I* ALEXANDRIA «L :a i M HAIFA 16 76 96 116 ZIM SINGAPORE J9£ 15 I M KItLUNG 10 t> 19k 22,6 24 6
      557 words
    • 843 45 [■41 SING KWANG HANG SHIPPING TRANSPORTATION (PTC) LTD WwjM weekly lcl/fcl service [VESSEL S PORE JAKARTA SURABAYA EQUATOR MAS V QIN 17/4 20/4 JENWEL V 171N 11 4 |?o'4 VESSEL SPORE BANGKOK A VESSEL 17/4 204 A VESSEL 20/4 23-4 DESTINATIONS ETA SINGAPORE PORT KELANG 19 4 91 MANILA ?0
      843 words
    • 669 45 [W PERINTIS LINE I ji 1 ACCFPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASE HA !*>3A 18 04 04 JATIHIHI 4?H ?o'o4 <)-i PHASE Tl/ 165 A ?S 04 ?8 04 JA ItW ?04 »/04 TAN TO UTAMA >55 1404 1 (J4 'ANTO (JTAMA
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    • 511 45 SIN fAR EAST 26 4 KEELUNG KAOHSIUNG 20 4 BANGKOK 19 4 MANILA CEBU 20 4 JAKARTA BELAWAN SURABAYA ?0 4 PORT KELANG PENANG E. Malaysia 22 4 BUSAN 214 TOKYO YOKO KOBE NGO OSA 22 4 HONG KONG SIN CHINA 22 4 GUANGZHOU HUANGPU SHENZHEN FUZHOU XIAMEN SHANTOU DALIAN
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  • Page 46 Advertisements
    • 681 46 Straits Container Agencies (a member of Steamers Maritime Holdings ltd) CONTAINER FEEDER SERVICE P T ANCKUTAN PERTAMBANGAN SERVICE V£SS£l VOY SPORE JAKARTA SURABAYA TAKARI I 1694 IS APR 11 APR TAKARI IV 40/8 II APR 20 ARR TAKARI I '.696 22 APR 24 ARR TAKARI IV 4<MO 25 APR 2/
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    • 322 46 I MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCI/LCL DUBAI OAVW*N SHARIAM. DOHA MuSCAI BAHRAIN. ABJ OMABI. BANDAR ABBAS. K 00AM FAR EAST ACCEPTING FCL'LCL PINANG PKf IA N(i, IAKAKT A BANGKOK HONC KONG TA aAN IAPAN. MANIIA KURIA UK/EUROPE ACCEPTING FCL/LCL lONUON, UIIXSIOWf IHDS. tUBURY AMROitN. U MAW.
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    • 640 46 SFTH SHIPPING CORP. SDN BHPI JmL PT «i»NG HI 03 3«(SI0« |l MNI| FA1367M11 l^SI) PdttNG Ul 04 63?«?« SIM Ttl 019 *****7 SHU HI 0«4 31»82? I*W*U Til Old UHll M TEL DM *****0 KUCH Ttl 017 *****3 M SIA TO USA/CANADA CONTAINER SERVICE IHMR rfO« I I'lV p«.
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    • 926 46 CUJ! ennmv miimnnni\ LCL/FCL SERVICE FROM I (9 IB f^^fop«ratMov«rOOOlarnilnala/offloMlnUJJL I II iHb CUM maintain* ovw SS.OOO traotors A truok*. V II MBi M CWf —rv— ovf 80.000 polnf In UAJL \mW W CUJl°^* r rvllaMLCl/FCL««fvio«B. Qt/2 PENANO- KL: aluiolink SINGAPORE: 09-*****99 *****22(2] LINES) ySf Marina Ong »Buaan Ng/Phllip Km
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  • Page 47 Advertisements
    • 702 47 more frequent flights wotwmde o~ssszNEW ZEALAMD/FUI VESSEL Jkl tK| 'fd Ikk Si« Start AatkMto FI(I{A| H ft|Mrik{A| TMari LfMMa|l| DinMi|l| N*itf WelliiftiilCl Ti.rjifi N Rouen,9loB 19/4 19/4 20/4 22/4 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 24/5
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  • Page 47 Miscellaneous
    • 310 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 **********00 **********00 *****600 **********00 2000 2100 2200 2300 JR 3.2 30 2.7 2.1 1.4 08 04 02 0.3 06 1.2 20 25 2 7 2.7 2.3 18 1.3 09 08 0.9 12
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  • Page 48 Advertisements
    • 705 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH WEST FEEDER VOY PKE JHR SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM SEA PTL MING CHUN 173 15 04 17/04 18/04 H INNOVATOR 40E 13/05 16,05 19/05
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    • 41 48 SEA/AIR SERVICES to all main European Airports •°SSs tnB (inclusive Eastern Europe) Weekly Services First Class Carriers 11 to 13 Transit Days Competitive Rates For more information please call: Tel.: 223 4644 Bookings: Joyce Ang/Kamsinah Tahir Sales Personnel: Torben Bengtsson/Michael Lim
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    • 537 48 CHARTPOINT Every Saturday in Business Times UK CONTINENT (TRIO) •**.**»*<* v f. H|^^H Ut\ wi Nl N w MtmDuri to Coeenl«|«n Ajrfcu. Goth.nDur| KU'mo I STORE |S TON H »UtC B HAVEN DAM ItH Wt.i*. StoctHolff HAMBURG EXPRESS 02 US H4 105 IS li to Antwtrp Am»Ur<li<n. Olio Hritata HANOVER
      537 words