The Business Times, 29 April 1991

Total Pages: 48
1 48 The Business Times
  • 9 1 BusinessTimes MCI (P) 16/12/90 Monday, April 29, 1991 75«
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  • NEWS SUMMARY
    • 70 1 THE PRODUCTION capability of the riram Layang dam and treatment plant near Johor Barn will he enhanced through a M$6(H) million (Ss3B4 million) privatisation programme. Johor chief minister Tan Sri llaji Muhyiddin Yassin said yesterday. I his would enable the dam and treatment
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    • 33 1 CHINA has approved rules governing the Shen/hcn stock exchange in Guangdong province, the official China Daily newspaper said yesterday. Ihe rules will go into effect next month.
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    • 41 1 INCUMBENT leader Keith Tay has called for able and willing members to serve in the Institute of Certified Public Accountants of Singapore. The accountancy profession needs new blood to steer it through the decade, he said. Page 2
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    • 27 1 HONGKONG-BASED companies expanding operations or relocating in Singapore signed up 300.000 sq ft of office space last year with marketing agent Richard Ellis Page 2
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    • 29 1 THE United States yesterday removed Malaysia from its "watch list" because of the country's significant progress in the protection of intellectual property rights Page 9
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    • 33 1 CHINA lashed out at the US yesterday for citing it as a leading violator of US copyright law. and warned the move could harm ties with Washington Page 10
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    • 36 1 The MBA was once regarded as the key to life in the fast track. But an increasing number of employers and students are beginning to feel disillusioned by business school curricula Page 15
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    • 34 1 JAPANESE cruise operator Seven Seas Cruise Lines is using a newly set-up Singapore company to spearhead its marketing efforts in the United States, Australia and Europe. Shipping l imes, Page One
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  • MARKETS SUMMARY
    • 37 1 LIEN HOE Corporation Bhd has entered into a eonditional agreement to acquire Damansara Developments Sdn Bhd from Malayan Cement Berhad and Chong Chook Yew Sdn Bhd, a subsidiary of Selangor Properties Bhd Page 3
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    • 28 1 HIND HOTELS International, whose main asset is the Imperial Hotel, is confident of wiping out some $9 million of aceumulated losses by next year Page 3
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    • 33 1 JASA MEGAH Industries Sdn Bhd, a subsidiary of IGB Corporation Bhd, has proposed a flotation scheme which includes a bonus issue, rights issue, acquisitions and a public issue Page 3
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    • 29 1 PROPERTY high-flier Sino Land snapped up all three plots of Hongkong Crown land auctioned last Friday, paying prices much higher than market expectations Page 4
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    • 30 1 EUROPE'S three largest semiconductor makers Siemens, Philips, and SGS-Thomson are talking about closer collaboration. including the possible joint financing of a research centre in Grenoble Page 6
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    • Article, Illustration
      27 1 hridav Change BT-MGA 750.67 +3.41 Kuala Lumpur ...594.42 ¥2.91 Tokyo 26,123.68 +84.82 Hongkong 3.625.80 +31.42 Svdnev 1.537.8 1^5 New York 2,912.38 -8.66 London 2,471.3 -10.8
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    • 25 1 Exchange rates USS SS 1.7755 100 Y en SS 1.2880 MS SS 0.6438 Money market rates Overnight 5 3/4% +9/16 3-month 4 7/8% +1/8
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    • 31 1 Rubber S pore May 145.50*/kg -0.25 M'sia May 226.50*/kg >-0.50 KL Tin Turnover 136tonnes >-49 Spot MS 15.75/kg 0.30 Crude palm oil Turnover 581 lots -473 May MS787 /tonne -3
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  • 422 1  -  Australia's only free trade zone offers list of incentives By S N Vasuki AUSTRALIA'S Northern Territory government is making an aggressive bid to attract investments from Singapore companies in its Trade Development Zone (TDZ), the country's only free trade zone located at Darwin. One
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  • 151 1 THOUGH the tourist inflow in the first quarter of this year was dismal, room rates held steady and will continue to inch upwards, says the president of the Singapore Hotel Association. Mr Ricky Goh estimates the average room rate (ARR) for the first quarter
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  • 357 1  -  Industry's worst performance in a decade By C K Tan TOURISM statistics for the month of February will bear all the marks of the Guli War. The figures have yet to be released by the Singapore Tourist Promotion Board, but well-placed sources told BT the
    357 words
  • 267 1  -  By Hong Lee Tiam THE NUMBER of Japanese visitors to Singapore has plunged by at least 40 per cent since mid-January this year, say travel agents specialising in the Japanese market. Businesses dependent on Japanese tourists are looking to the Golden Week. Japan's 10-day holiday
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  • 179 1 AFP THREE GROUPS of about 1(H) Singapore business executives are visiting Ho Chi Minh City this month to study investment and trade potential there. The Vietnam News Agency (VNA) said on Saturday that two groups arrived in the last two weeks and
    AFP  -  179 words
  • 466 1 Reuter TAIWAN'S surprise move to promote Singapore instead of Hongkong as its main conduit for investment in China may bring Singapore closer to its goal of becoming a major regional economic power, say analysts. Last Friday, Taiwanese Economics Minister Vincent Siew said Singapore, which
    Reuter  -  466 words
  • 67 1 THROWN INTO disarray by domestic discord, the Singapore Federation of Chambers of Commerce and Industry is scheduled to meel this week to iron out its problems. Top of its concerns are to make headway on its presidency impasse: to arrive at a new decision-making process; and overall, to
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  • Page 1 Advertisements
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    • 3 1 Analysis, Page 12
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  • HOME NEWS
    • NEWS ROUNDUP
      • 77 2 IN HIS Ylay Day message. Deputy Prime Minister BrigadierGeneral Lee Hsien Loong reminds Singapore s workers that the only way to sustain rising real wages is through higher productivity. Over the last two years, real wages rose by an average of 8.5 per cent,
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      • 93 2 THE PRIME MINISTER and Minister for Defence Mr Goh Chok Tong said the Five Power Defence Arrangement (FPDA) provides a stable and secure environment for Singapore and Malaysia to, among other things, pursue economic development. Mr Goh was speaking at a dinner hosted for defence ministers
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      • 102 2 THE FIVE POWER Defence Arrangement (FPDA) countries will today launch Starfish 11/91, the eleventh in the series of annual maritime exercises. The exercise will take place in the South China Sea. off the east coast of Peninsular Malaysia, and will involve naval forces of Australia, Malaysia!
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      • 88 2 EFFORTS should be intensified to encourage more Singaporeans to marry, to marry earlier, have children earlier and to have three or more children if they can afford to do so, said Dr John Chen Seow Phun, MP for Hong Kah GRC while speaking at the Hong
        88 words
    • 495 2  -  By Anna Teo THE ACCOUNTANCY profession needs new blood to steer it through the decade, incumbent leader Keith Tay has said, calling for able and willing members to serve in the Institute of Certified Public Accountants of Singapore (Icpas). Addressing the Icpas' 27th
      495 words
    • 267 2  -  From Paul Gopal IN OTTAWA TWENTY students from a community college in Alberta, Canada will be spending 10 days in Singapore in May as part of the college's first International Field Project. The work study abroad programme for students was launched
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    • 446 2  -  By Elaine Koh HONGKONG-BASED companies expanding operations or relocating in Singapore signed up 300,000 sq ft of office space last year with marketing agent Richard Ellis. This would account for about 20 per cent of the average annual absorption rate of
      Picture by Arthur Lee  -  446 words
  • Page 2 Advertisements
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    • 179 2 YBS SptoW Steal Are your profits slipping through the cracks? yfaTL iff* Thanks to a Hitachi Metals technique call- Our New Technical Approach Actual r—utt» using YS» st—ls ed Isotropy, dies made of our YSS special steels can last many times longef than with ISOtTODV conventional steels Isotropy makes the
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 521 3 Malayan Cement, Selangor Properties unit sell their stakes Bernama LIEN HOE Corporation Berhad has entered into a conditional agreement to acquire Damansara Developments Sdn Bhd from Malayan Cement Berhad and Chong Chook Yew Sdn Bhd, a subsidiary of Selangor Properties Bhd. Commerce
      Bernama  -  521 words
    • 459 3  -  Exclusive interview with Hind Hotels' chairman By Dexter Lee HIND HOTELS International, whose main asset is the Imperial Hotel along River Valley Road, is confident of wiping out some $9 million of accumulated losses by next year. The optimistic forecast came from
      459 words
    • 732 3  -  MARKET TALK By Duncan Mount Managing Director of CEF Investment Management Ltd MODERN TECHNOLOGY has made it extremely easy for investors to gain access to vast amount of instantaneous financial information about markets and companies. At the same time, however, this capability has also made
      732 words
    • 345 3 Bernama JASA MEGAH Industries Sdn Bhd. a 85 per centowned subsidiary of IGB Corporation Bhd, has proposed a flotation scheme which includes a bonus issue, rights issue, acquisitions and a public issue. D&C Mitsui Merchant Bankers Bhd said on behalf of IGB
      Bernama  -  345 words
    • 218 3 MBT KESANG CORP hopes to repay its bank borrowings of about Ms 39 million and consequently settle most of its outstanding debts to resolve various legal actions taken against the company by its creditor banks. This was contained in Kesang's circular to
      MBT  -  218 words
    • COMPANY BRIEFS
      • 121 3 REPLYING to a query by the Kuala Lumpur Stock Exchange over its recent purchase into Zone Technology Pty of Australia, MBf Holdings said the agreement was signed on Jan 31. The vendors are Joseph Anthony Prestia, William James Boland and Perfection Securities and the cash
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      • 62 3 THE Fleet Group Sdn Bhd, a substantial shareholder of Hume Industries (Malaysia) Bhd, has an indirect interest of 3.23 per cent in United Engineers (Malaysia) Bhd as at April 26. This was revealed by Hume in response to a query by the Kuala Lumpur Stock
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      • 54 3 THE managing director and chief executive of Malaysian Tobacco Company Bhd, Alexander George Stuart, will leave the company at the end of this month on transfer to Turkey. A statement by the company said as of April 26, his post has been taken over by
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      • 84 3 NANYANG PRESS (Malaysia) Bhd, the publisher of Nanyang Siang Pau and the subject of an acquisition by the Hong Leong group in Malaysia, had an operating profit of MS 10.13 million for 1990. The company, in response to a K.LSE query, said this comprised M 54.76
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      • 94 3 HOSPITAL PANTAI Bhd, which has proposed bonus and right issues, reported a 13.2 per cent increase in group pre-tax profit (inclusive of profit share in associated companies) of M 53.23 million for the year ended Jan 31, 1991. The company said group turnover was up
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  • Page 3 Advertisements
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      321 words

  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 87 4 THE BANGKOK Post has announced that it had signed a cooperation agreement on editorial matters with Japan s Asahi Shimbun daily. The agreement was signed last Wednesday in the Thai capital. It covers reciprocal lifting rights and cooperation in other editorial matters such
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      • 52 4 THAI Airways International has named SG and Morgan Stanley as its foreign financial advisers and Finance One Co and Phatra Thanakit Co as its local financial advisers, ending months of speculation on who would be picked to handle the airline's listing on the stock market, The
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      • 57 4 KAMCHORN Sathrakul, former governor of the Bank of Thailand, has accepted an invitation to become the new chairman of Unicord Co, a major tuna canner listed on the Stock Exchange of Thailand. The Nation, said in a report that his appointment is expected to be
        57 words
      • 61 4 CHINA opened its first high-quality facsimile paper factory last Friday, ending its dependence on imports. The Shandong Cailun Paper Co, a US$2l.OB million joint venture in the provincial capital of Jinan, is the only paper producer in China capable of making facsimile paper compatible with
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      • 88 4 ASCII CORP, a major Japanese computer software firm, has acquired a stake in a US film production company. ASCII s wholly owned subsidiary, ASCII Pictures Corp, acquired a 33.3 per cent stake in Edward R Pressman Film Corp for US$7.5 million, the spokesman said. Under
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      • 76 4 SUMITOMO Chemical Co has established a wholly owned subsidiary in Germany to market dyes and other chemicals in Europe. The new company, called Sumitomo Chemical Deutschland GmbH, will also perform various market research studies in Europe. The Dusseldorf-based company began operations on April 16. It
        76 words
    • 171 4 UPI ELECTRONICS giant Toshiba has created what may be the first bismuth-based superconductor thin film that will allow easy vertical flow of electricity, the company announced on Friday. The new film could potentially open the door for the use of superconductors in electronic devices, the
      UPI  -  171 words
    • 492 4 PROPERTY high-flier Sino Land snapped up all three plots of Hongkong Crown land auctioned last Friday, paying prices much higher than market expectations. Sino paid a total of HKS492 million (SSUI.B million) for a major residential site in Tai Po and two industrial-godown sites
      492 words
    • 448 4 AFP A TAIWAN multimillionaire businessman and three members of his family have been indicted on charges of evading NT$22 million (US$Bl5,OOO or Ssl.4 million) in taxes and bribing customs officials, according to documents released yesterday. Weng Pu-Shan, head of the
      AFP  -  448 words
    • 341 4 DAH SING BANK, Hongkong Telecom and computer group Tech-Trans have formed a joint venture to provide free "real time" foreign exchange quotes and interest rates to subscribers to Telecom's Datapak service, reported the South China Morning Post. The quotes, from Dah
      341 words
    • 354 4 THE Charoen Pokphand (CP) Group said that it was ready to renegotiate with the Thai government all important points in its controversial proposal to install three million phone lines, including the percentage in revenue sharing. Mr Chaleo Souvannakitti, chief CP
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    • 206 4 THE PETROLEUM Authority of Thailand (PTT) will award a US$l4 million (5524.8 million) contract to Canadian engineering consortium Lavalin and Bechtel (L/B) tomorrow to provide consultancy service on the construction of a 330 km sub-sea natural gas pipeline in the Gulf of Thailand. The Bangkok
      206 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
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  • INTERNATIONAL COMPANY NEWS 1
    • COMPANY BRIEFS
      • 98 6 SWEDISH engineering firm Atlas Copco said it could be difficult to reach last year's earnings level. Incoming group president Michael Treschow said at the annual general meeting there was no sign yet of an upturn in order bookings. Sales tell some 10
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      • 89 6 MITSUBISHI of Japan will buy a one-third stake in Volvo BV, the only Dutch car maker. Under the terms of the agreement reported in Amsterdam's Het Financieele Dagblad. the Dutch state will reduce its current ownership stake from 70 per cent to one-third to lift
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      • 69 6 THE Kuwaiti Ministry of Defence has awarded Royal Ordnance, a British aerospace company, a contract to clear battle areas and explosive dumps in Kuwait of mines and unexploded ordnance. It was the first contract the Kuwaiti government has signed with a British company for
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      • 63 6 AIR FRANCE, the French national airline, will shed 1,500 workers in 1991 due to losses suffered by the company during the Gulf war. Bernard Attali, the president of Air France, said in an interview with the French daily Liberation that the reduction in the workforce was
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      • 81 6 THE British government has given the green light to the takeover of the scientific publishing house Pergamon Press by the Dutch Elsevier group from Maxwell Communication Corporation (MCC). The £440 million transaction will not go before the Monopolies and Mergers Commission, the Department of Trade and Industry
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    • 400 6 FT EUROPE'S three largest semiconductor makers Siemens of Germany, Philips of the Netherlands and SGSThomson, the Italian/French group, are talking about closer collaboration, including the possible joint financing of a research centre in Grenoble. The talks follow a call earlier last week by
      FT  -  400 words
    • 221 6 Reuter LS CAR firm Ford Motor Co said it plans to cut the number of administrative and managerial staff by 50 per cent over the next three years in a bid to reduce the company's cost base drastically. "We have no
      Reuter  -  221 words
    • 347 6 Reuter HUGE LOSSES may force Isuzu Motors. Japan's sixthlargest carmaker, out of the car business, industry analysts say. "Isuzu should concentrate on truck and commercial vehicles and withdraw from the passenger car market if it continues to post losses,"
      Reuter  -  347 words
    • 222 6 Reuter BMW ROLLS-ROYCE GmbH (BMWRR), the venture between Baverische Motoren Werke AG and Rolls-Royce pic, is to spend one billion marks (Ssl billion) developing a new family of aircraft engines by 1996. In his first interview since BMWRR's founding in July, chairman Albert Schneider
      Reuter  -  222 words
    • 224 6 AFP JAPAN'S Asahi Chemical Industry Co Ltd said on Thursday that it would assume full control of Toyo Jozo Co Ltd in a deal worth around 69 billion yen (*****.7 million) at current market prices. The company, a leading manufacturer of synthetic fibres
      AFP  -  224 words
    • 143 6 Reuter TURNER Broadcasting System Inc said it plans cash expenditures of US$594 million (SSI.OS billion) in 1991 for "internally produced or licensed programming", of which US$2lO million covers rights fees and other costs related to sports programming. In its annual report to shareholders,
      Reuter  -  143 words
    • 267 7 NYT THE New York Times Co and The Washington Post Co announced last Friday that they had acquired the onethird interest in The International Herald Tribune that had been owned by the Whitcom Investment Co. The price was not disclosed. Since The Times
      NYT  -  267 words
    • 381 7 NYT FROM the Times Mirror Co in Los Angeles to KnightRidder Inc in Miami, executives from 15 newspaper companies who spoke at a two-day conference that ended in Washington last Friday told tales of lower advertising, revenues and earnings in the first quarter
      NYT  -  381 words
    • 261 7 NYT SOURCES in the US publishing industry were abuzz last Friday over K-111 Holdings' agreement to pay US$65O million (S$ 1.15 billion) for nine of News Corp's publications, including Seventeen and The Racing Form. The general consensus is that K-111 is paying a hefty,
      NYT  -  261 words
  • Page 6 Advertisements
    • 1227 6 H "amm I I I Scotiabank I THE BANK OF NOVA SCOTIA Not* All figures quoted in Canadian dollars (thousands! I (Incorporated in Conada with Limited Liability) H CONSOLIDATED STATEMENT Of ASSITS AND LIABILITIES CONSOLIDATED STATEMENT Of INCOME H H As «t October 31 tar Hw Financial Tear lnM October
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    • 146 6 C EXPORT TO tI TVITIAY AND WATCH YOUR SALES BOOMERANG Australian Prime Minister Bob Hawke announced the following in a recent industrial address: tariff rates on over 600 products will be reduce from the present 10% 15% to 5% in phases by July 1996 the import quota for textiles will
      146 words

  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • SMALLCHANGE
      • 64 8 TAIWAN has permitted seven Japanese securities houses to open representative offices in Taipei amid its stepped-up liberalisation efforts. The seven stockbroking firms obtained permission last Thursday to collect securities information to pave way for eventual participation in the Taipei bourse. They were Nomura Securities, Daiwa
        64 words
      • 73 8 CHINA'S central bank, the People's Bank of China, has approved applications from the Industrial Bank of Japan and The Sanwa Bank Ltd to open branches in Shanghai. They will be limited to foreign currency activities only. The central bank said in March that it had also
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      • 45 8 THE Asian Development Bank would like to be the first borrower to launch a global yen bond, sold simultaneously around the world. "We would like to be the No 1 issuer, if possible," said the bank's treasurer, Tomoo Hayakawa.
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      • 37 8 CHINA has set up its second national insurance company. Capitalised at one billion yuan (about Ss33o million), the Pacific Insurance Company, based in Shanghai, will offer policies in both yuan and foreign currencies.
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      • 54 8 MILAN'S Bank Indosuez has offered three Japanese tyre companies a 23 per cent stake in Continental AG. Bank Indosuez was one the backers of Italian tyremaker Pirelli Spa in a prolonged battle to take over Continental. Pirelli and its allies would retain a 10 per
        54 words
    • 114 8 Reuter FUJI BANK Ltd says vice-president Toru Hashimoto is to become the bank's president, allowing current incumbent Taizo Hashida to concentrate on his other post of chairman. But a spokesman says Fuji, Japan's fourth largest commercial bank, has not yet decided when the
      Reuter  -  114 words
    • 378 8  -  By Quak Hiang Whai PRUDENTIAL Assurance sees substantial opportunities for insurance business in South-east Asia because savings level for these countries will grow enormously when the economies boom, says the visiting chief executive of the UK-based insurance company. In a recent
      378 words
    • 440 8 Reuter THE GLOBAL credit crunch and the current enthusiasm for the private sector are causing the World Bank to put less emphasis on lending levels and more on the search for the elusive ingredients of successful development. Why, for example,
      Reuter  -  440 words
    • 286 8 Reuter AMERICAN General Accounting Office Comptroller Charles Bowsher believes 71 US banks, with total assets of about US$69 billion, may be at risk of failure. The 71 banks "are already insolvent or nearly so and will need to be resolved in 1991
      Reuter  -  286 words
    • 401 8 AFP GULF BANKS, threatened with collapse after Iraq's invasion of Kuwait, have weathered the war and come out on top. Banks in the region suffered their worst crisis when the Aug 2 Iraqi invasion triggered an unprecedented rush for withdrawal of funds, leading
      AFP  -  401 words
  • Page 8 Advertisements
    • 866 8 National iESHaBalance Sheet as at September 30, 1990 Statement of Profit and Loss for year ended National Australia Bank Limited and subsidiary companies September 30, 1990 Holding Holding Holding Holding Group Group Company Company Group Group Company Company Dollars in Millions 1990 1969 1990 1989 Dollars in Millions 1990 1989
      866 words
    • 63 8 Specialty for entrepreneurs: "HOW TO SELL TO OVERSEAS MARKETS" Speaker: Assoc. Prof. Wee Chow Hou Date: 4 May 1991,9.30 am Venue: Faculty of Business Administration National University of Singapore Jointly organised by: Enterprise Promotion Centres Pte Ltd and the Centre for Business Research and Development To register and for more
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  • Page 8 Miscellaneous

  • THE REGION
    • 309 9 Bernama THE AMERICAN government has removed Malaysia from its "watch list" because of the country's significant progress in the protection of intellectual property rights. In a statement issued in Washington last Saturday to announce this year's review of "Special 301 cases, the
      Bernama  -  309 words
    • 287 9 AFP INDIA has agreed to help establish industrial centres in Vietnam and open a direct air link between the two countries. Both countries have agreed in principle to cooperate on several economic, cultural, technical and scientific projects. The agreement was reached during talks
      AFP  -  287 words
    • 140 9 AFP VIETNAM appealed to the Asian Development Bank last Friday for urgent assistance, saying it lost more than US$l billion (about S$ 1.75 billion) because of the Gulf War and was tired of receiving bank missions that produced no results. ADB president Kimimasa Tarumizu
      AFP  -  140 words
    • NOTE BOOK
      • 68 9 TOKYO has approved soft loans to Thailand that were delayed in the wake of an internationally-condemned military coup in that country, the Bangkok Post reported last Saturday. The Overseas Economic Cooperation Fund approved the yen loan package, worth an estimated US$4BO million (about
        68 words
      • 52 9 A TRADE FAIR is to open tomorrow in the Vietnamese frontier town of Lang Son to promote unofficial trade between Vietnam and China. The month-long fair will enable organisations and people from the two countries to sign contracts, the Lao Dong magazine said, emphasising that the trade
        52 words
      • 58 9 NEW LICENCES for operating marble quarries will be issued only on condition that the operators use diamond saw-cutting methods, Perak State Secretary Datuk Syed Alwi Nordin said last Saturday. This was aimed at preventing wastage through the conventional method of using explosives and to ensure
        58 words
      • 45 9 MYANMAR has bought computers and equipment from China for use in modernising the operations of the country's port authority. The deal, worth U*****,000, is for the China International Computer Corp to supply the computers and equipment to the Port Authority of Burma.
        45 words
      • 66 9 FRENCH INDUSTRY MINISTER Roger Fauroux is to visit Indonesia, France's biggest economic partner in South-east Asia, for four days next month after accompanying Prime Minister Michel Rocard to South Korea. The heads of a dozen major French groups already operating in Indonesia or seeking to win
        66 words
      • 59 9 VIETNAM said last Saturday it was ready with Thailand and Laos to let an international monitoring body verify that weapons were not sent through those countries to warring Cambodian factions. It also called on the pro-Hanoi government and guerillas to stop lighting until at least
        59 words
    • 126 9 Reuter THAILAND, facing punitive US trade sanctions, has told Washington it cannot force the Thai parliament to speed up legislation to protect intellectual copyright and patents. Officials quoted Commerce Minister Amaret Sila-on as saying the Thai legislature should be left free to proceed at
      Reuter  -  126 words
    • 279 9 MBT MALAYSIAN exporters have been advised to step up efforts immediately to penetrate the Latin American markets with innovative and flexible promotional strategies. The liberalisation measures, together with the move towards economic integration, offered vast opportunities for increased exports, Malaysia's trade commissioner
      MBT  -  279 words
  • Page 9 Advertisements
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  • THE WORLD
    • 377 10 Reuter CHINA lashed out at the US yesterday for citing it as a leading violator of US copyright law, and warned the move could harm ties with Washington. The Bush Administration last Friday cited China, India and Thailand for pirating US copyrights
      Reuter  -  377 words
    • 136 10 Reuter CHINA officially announced huge price rises on staple foods yesterday, saying they were necessary because of the crushing burden of government subsidies which had quadrupled in 10 years. Residents were told about the price rises at their work places last week, triggering long queues
      Reuter  -  136 words
    • 303 10 NYT AFP AFTER several years of diplomatic fencing, Japan and the US traded harsher jabs last Friday over American access to the Japanese construction market. US Trade Representative Carla Hills began a process that could result in Japanese companies being barred
      NYT; AFP  -  303 words
    • 315 10 AFP PAKISTANI President Ghulam Ishaq Khan promulgated four decrees last Saturday amending company laws to provide legal cover for the government's massive privatisation programme. Analysts said the ordinances, introduced when the national assembly was not in session, reflected the government's wish to accelerate
      AFP  -  315 words
    • WORLD WATCH
      • 85 10 THE JAPANESE GOVERNMENT plans for the first time to invite foreign business representatives to attend an investment promotion seminar on May 13. The Ministry of International Trade and Industry has asked about 20 Japanese and foreign businessmen to attend the meeting where existing barriers to
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      • 70 10 TOKYO plans to freeze fresh loans to Poland and Egypt for two years. The move is intended to discourage other debtor countries from asking for a write-off of their official debts similar to those extended to the two countries. The Paris Club of Western creditor
        70 words
      • 63 10 CHINA has declared 1992 "China Friendship Travel Year" in an effort to fully revive tourism three years after foreigners were scared off by the bloody crackdown on the Tiananmen democracy movement. The tourism year will have "friendship" as its theme and was being sponsored by
        63 words
      • 81 10 INFLATION IN POLAND will hit 90 per cent by the end of this year and the economy will shrink by as much as 6 per cent if current economic trends continue. The Office of Central Planning predicted last Friday that the trade deficit was
        81 words
      • 97 10 A CHOLERA EPIDEMIC that has killed 1.500 people is spreading through South America, and doctors say it is likely to take tens of thousands more lives. "This is the world's worst cholera epidemic in this century." said Dr Horacio Lores, an epidemiologist with the Pan American
        97 words
  • Page 10 Advertisements
    • 349 10 Takeaways For Those Who Are Bower Hungry LCD VGA display, 4Mb RAM, >~l keyboard processor, 80Mb hard disk capacity, many say it has far more bite than most those who have a passion for number crunching. (It's a minor miracle we desktops. Little wonder, it won a Blue Ribbon for
      349 words

  • Page 11 Advertisements
    • 397 11 The Revolution That's Unheakd Of. R|«| 9^~' S IP*-^^^^l cano« H ml —7^-- /A B* r-s 3La,!JfflW <^-v< 3Sp> *P \o :h> After today, you will probably never hear of dot matrix And deliver their outstanding print quality in Courier, Prestige again. ajid Gothic optional) paper Because with the advent
      397 words

  • ANALYSIS
    • 1174 12  -  In spite of repeated calls in the last three years for its member bodies to cast aside ethnic interests and cooperate, the Singapore Federation of Chambers of Commerce Industry remains dogged by domestic dissent and discord. Given the international profile of the economy,
      1,174 words
    • 1168 12  -  The oil price volatility during the Gulf crisis brought to the attention of all car users a renewed sense of vulnerability. While the war is now over, and the threat of runaway oil prices receded, the oil industry is in a process of change which
      1,168 words
  • Page 12 Advertisements
    • 214 12 SIBCX^_'9I Now, at the Changi International Exhibition &Convention Centre Singapore Find out what 230 companies from 20 countries can do for your building and construction business. SIBEX '91 the 9th South East Asian International Building Exposition 15th -18th May 1991* The 9th staging of SIBEX at the SIBEX '91 will
      214 words
  • Page 12 Miscellaneous
    • 56 12 DOONESBURY BY GARRY TRUDEAU urm nfjt unuy KNOW WHAT I'M THINKING ABOUT miS YCUPB FGHTING CVSR SCRAPS MF- HXMY, FOWS? TIH THINKING ABOUT OF RSUSF SUPPUB&, I'U- Be THANK GOP emM HFJPF THd STEAK ANPSHRJMP PINNSR SITTING WITH MY WOMAN TN OUR YOU PONT SOUNPS I'U-BE WASHING POUIN WITH A
      56 words

  • Page 13 Advertisements
    • 97 13 BORLAND Recommends Lotus. (Another unusual request) The unusual public comparison we made on the 22nd of April between our powerful new, feature packed spreadsheet program, QUATTRO® PRO 3.0, and a Lotus sportscar taught us a lot. They really make beautiful cars, we wholeheartedly recommend them. However if you really want
      97 words

  • Page 14 Advertisements
    • 63 14 jM -*.f*#/0$- j "j« w*Jk' 2mg<o^ Congratulations On lour Many Happy Returns. i iy u^H t£mml m^ Hi M' Inspired backhands. Superb volleys. And incredulous returns. This and more helped Jan Siemerink pick up the coveted title of singles I® BMHI champion in the U*****,000 Epson Singapore Super Tennis event.
      63 words

  • ENTERPRISE & MANAGEMENT 1
    • 681 15 The MBA was once regarded as the key to life in the fast track. But an increasing number of employers and students are beginning to reel disillusioned by business school curriculums. The Economist Along with Porsches and portable telephones, the MBA degree was a
      The Economist  -  681 words
    • 248 15 Seminars and courses Duration Tide Venue Organiser Tel May 2 How To Be Assertive ANA Hotel Institute for *****21 As A Manager International Research May 3 Leadership Skills ANA Hotel Institute for *****21 for Successful International Women Managers Research May 6 Crucial Issues Marco Polo Dominion *****25 Strategies In
      248 words
    • 1154 16  -  Harish Mehta talks to lain Ewing, who offers executives advice on how they should and should not handle a media crisis. Harish Mehta "There are 10,000 ways of saying 'no comment', and I've used 9,999 of them," said Larry Speakes, a former White
      Picture by Christopher Loh  -  1,154 words
    • 237 16 Reuter BUSINESS manners are becoming increasingly important, and criticising your boss in public is one of the worst breaches of etiquette you can commit at work, according to a recent survey. Chastising a subordinate in public is only slightly less serious, according
      Reuter  -  237 words
    • 562 16 NYT ALL WORK and no play does little for Bruce Roselle, a psychologist with Personnel Decisions Inc of Minneapolis. By stressing the play aspects at work, he said, morale can be improved and boredom lessened. "Playing at work doesn't mean taking an
      NYT  -  562 words
  • Page 15 Advertisements
    • 98 15 Management Consultancy Sl# I I I V r Seminars And Training I I I I I Business Assistance II L L I J. 11 Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing i' *<. e B I -sfcf H if "Kt r I Words is a A INTERNATIONAL LOCAL MOVING
      98 words
    • 1261 15 L W A v I W I I llliWl I /m milium> of jujJijb Jollanl at it (klobn 31 for the vcar ended October 31 IVK'» 199(1 1W tWO Income from lium. oddtal(MM K.SIH J 9,933 Mlmmnm Income from lease financing W 102 Cash and deposits with Bank of Canasia
      1,261 words
  • Page 15 Miscellaneous

  • Page 16 Advertisements
    • 223 16 m'- I X 1 1 fM I *>^Wi Pr As Korea's leading business hotel for over a decade, Hyan Regency < lW^gT mo^ Seoul has learned you're Iftit not just looking for accoms. i modation, but a sanctuary. J J£<, A quiet hour stolen in ft? r^e health spa, a
      223 words

  • SPORTS 1
    • 661 17  -  By Cassandra How IT WAS his first title in his first final but for Jan Siemerink, it was a nervous start that saw him emerge victorious with a 6-4, 6-3 win over Israel's Gilad Bloom in the Epson Singapore Super Tennis. Not that it
      661 words
    • 166 17 Reuter UNSEEDED Gary Wilkinson of England, who has climbed to number six in the provisional world snooker rankings for next season, reached his first world championship quarter-final with a 13-9 victory over compatriot Martin Claiic. Clark never recovered from being 7-1 down
      Reuter  -  166 words
    • 412 19 AP BORIS BECKER moved closer to his first career clay tournament victory on Saturday, but he will still have to beat one of this season's best on the surface to earn it. Becker beat Yugoslavia's Goran Prpic, 6-3, 6-3 in Saturday's
      AP  -  412 words
    • 376 19 AP MARK SPITZ' comeback was dealt another setback on Saturday when Matt Biondi beat the former Olympic champion by two seconds in a 50-metre butterfly match race between the gold-medal winners. Biondi swam the race in 24.51 seconds in his attempt to break the
      AP  -  376 words
    • 294 19 UPI GEORGE ARCHER set a tournament record with an 8-under-par 64 on Saturday to move into a share of first place after two rounds of the US$3OO,OOO (*****,000) Doug Sanders Kingwood celebrity classic. Archer joined Mike Hill atop the leader board, each at
      UPI  -  294 words
    • 312 19 AFP ENGLAND midfield star Paul Gascoigne is willing to join Italian side Lazio for £8 million if it means that Tottenham Hotspur, his debtriddled London club, can be saved. His business adviser, Mel Stein, made this clear on Saturday while insisting that
      AFP  -  312 words
    • SIDE LINES
      • 68 19 ITALIAN Antonio Renzo became the new European lightweight boxing champion on Saturday when he beat Steve Boyle of Britain inside the distance to take the vacant title. A fierce left hook from Renzo left the Glasgow-born Boyle groggy towards the end of the
        68 words
      • 92 19 THIRD-SEEDED Manuela Maleeva-Fragniere defeated Aranxta Sanchez-Vicario and Conchita Martinez beat Nathalie Tauziat Saturday to move into the finals of the WTA Seat Open women's tennis tournament in Barcelona, Spain. The Bulgarian-born Maleeva-Fragniere, now a resident of Switzerland, won in three sets 2-6, 7-5, 6-3 as second-seeded
        92 words
      • 111 19 FRANS MAASSEN of the Netherlands held off Italian Maurizio Fondriest and Belgian Dirk de Wolf in the final stretch to win the Amstel Gold World Cup Classic in The Netherlands on Saturday. Maassen finished the 244-kilometre race about a length ahead of Fondriest and several metres
        111 words
      • 149 19 DUFFY WALDORF shot a 63 to tie the course record and vault from seven strokes back into a tie for the lead with Bob Wolcott at the US$l.25 million Greater Greensboro Open men's golf tournament at the Forest Oaks Country Club, North Carolina, on Saturday.
        149 words
      • 58 19 FALLEN soccer star Diego Maradona. arrested on Friday for cocaine possession, will be released from custody after paying a US$2O,OOO bail. A lawyer, Roberto Amayo, said that Federal Judge Amelia Berraz de Vidal would continue investigating Maradona, 30, charged with "drug possession" which carries a penalty
        58 words
      • 75 19 ALESSANDRO NANNINI, the Formula One race driver who had his right forearm severed and surgically reattached after a helicopter crash last October, said on Saturday his comeback to auto racing is uncertain but he's hoping to try. Nannini visited the pits of his former team,
        75 words
  • Page 17 Advertisements
    • 287 17 2 I > 1 Z^^l^J®Jj®lLlU£llil£l recognition for When you have thousands on you to delays Especially when the basis for future BpBusinesses Singapore (RCB) has found the JKH answer Integrated Imaging System Their allows them to instantly access recognise the right business Hp "^^^^BBWP^M^IBHBp^P^JBr^^-- correspondence from every company and ll^fe^Hpi^'
      287 words

  • Page 18 Advertisements
    • 61 18 Swire Group W&MI w flSpp ft I /CO\ K| V B gMftft a. T CATHAY t PACIFIC#) NON STOP j I f g Mow you can fly non-stop any May the only from Hong pore Hong Kong connections one our jfc Ad J ilMal U^H 1 fcy any day 1
      61 words

  • Page 19 Advertisements
    • 138 19 Consider ETTHTTcTITII for soles of I your ploslic rubber mochinery ff THAILAND is ASIAN'S TOP IMPORTER Of MACHIN6RV (total import of plastics p Vfr rubber related machinery amounted to U*****.5 million in 1989); ASIA'S MOST Jy POPULAR INVESTMENT DESTINATION (total approved investment applications in the 1 st half of 1989
      138 words
    • 279 19 BUS I. NE S S T I M E S TELEPHONE: 730-5 771/5772/5773 FAX: 734- 4 9 8 2 Lianhe Zaobao Singapore's leading Chinese daily with a I circulation of over 200,000 copies and a readership of over 650.000 invites applications from experienced professional for the j following position: position
      279 words

  • Page 20 Advertisements
    • 194 20 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. KINO'S A MKMBKR OFcr)L HOTKI.S id>m -sim.apoki Haveloek Road,Singaf>ore 0316.Te1:*****l I
      194 words
    • 326 20 iiiiiil f PLUM'S Illllllllill Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechll". It's all part of the menu only for Plum's Singaporean High Tea. It's a fun offering.
      326 words
    • 243 20 Hainanese Food Promotion 16-30 APRIL Savour a tasty meal of fragrant Chicken Rice with tender Chicken pieces, complimented with sesame oil and garlic chilli... so lip-smackingly delicious! Our sumptuous spread includes Pork Chop. Mutton Stew and many other yWISWKp favourites I i WR Slo++ '(Child) Plaza Hr*H»o^'w W «rPo7te»< 2MOOII
      243 words
    • 349 20 viva espana J m The Belvedere brings you the savoury taste of BHm sunny Spain. With over 60 traditional favourites, you'll say **Ole" to the most extravagant buffet in town! gH We serve the world to you at The Belvedere. m jKL vS/a/>dartrt (JJ C Jifwyx-r hiktri*tMirfMfawv 111 Orchard Road
      349 words
  • Page 20 Miscellaneous
    • 695 20 TELMVWOtI AHP IADIO T T ***** BUSINESS ON RADIO Oil r,anii ;s ssr M .u. m (m, p,t sw ta war,s ~*^n—-l PMCNN International (L). 900 mmi°i( Ntaa. ,J2 KSL. 5.30p«, 3.25««. Financial News 800 Equd Justice curses Jesse J-°° *JJ pirfTfPt 2 See Our 1S S RAWO 5 924
      695 words

  • THE ARTS
    • 920 21  -  In 1958, pianist Van Cliburn, the 'American Sputnik', enjoyed frenzied iame, moving in Moscow with a clairvoyant sureness, pledging friendship between nations. Twenty years later, at the age of 43, he stopped giving concerts. A wise choice or a talent gone to waste? Joseph
      NYT  -  920 words
    • 512 21  -  Singapore Symphony Orchestra By P Y Van THE SINGAPORE Symphony Orchestra has just returned from a tour of Taiwan and Korea and will soon he jetting ofT to Europe. A truly exhausting schedule! Nevertheless, the orchestra managed to find sufficient reserves of energy
      512 words
    • 570 21  -  An exhibition of ancient Chinese bronzes in New York City is giving visitors a better idea of how bronzes were made between 2205 and 256 BC, and how they are restored. Rita Reif examines the vessels. Rita Reif NYT Ancient Chinese bronzes, aglow with brilliant green
      NYT  -  570 words
    • 496 21  -  Ten years as Culture Minister have not dimmed his passion for promoting modem French art, reports Claire Rosemberg Claire Rosemberg Reuter Artists of the world unite against the merchants of junk!" the rallying cry of French Culture Minister Jack Lang has
      Reuter  -  496 words
  • Page 21 Advertisements
    • 251 21 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? Monday to FRIDAY. 12 NOON TO 2.3opm.s3i.oc++ PFR 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
      251 words
    • 194 21 HJI» BEEF DAY AT IfitiA 1 NISHIKI Ml J» "Niku" in Japanese mens meat, at the same time it also means Two-Nine". On this same note, on every 29th of the month will l£* be "Beef Day" at NISHIKI Starting from this month and on L every 29th of the
      194 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 5538 22  -  By Shoeb Kagda FOLLOWING two weeks of strong upward movement, the Straits Times Industrials Index is expected to put in another good showing this week. The index closed out last week at 1,558.41 points, up 28.32 points from the previous Friday. Negatively affected
      5,538 words

  • 4132 23 Main Board FELS 50* 720 f65 9 9% Asia Pacific 1110 +60 5.7% Semb Shipyard 765 +60 8 5% Jacks Inl 200 +51 +34 2% FELS Wt 318 *49 +18 2% CAC 575 M5 8.5% CACWt 273 44 +19 2% SSE Foreign 302 +40 15
    4,132 words

  • MARKET REVIEWS
    • 770 24 FT ffPjNEW YORK THE White House was forced to issue a denial last week that President George Bush had suffered a heart attack. A spokesman quickly allayed the fears of financial markets by describing the scene in front of him: Mr Bush
      FT  -  770 words
    • 284 24 AFP SHARE PRICES on the Tokyo Stock Exchange fell substantially last week in extremely thin trading amid the absence of any new incentives. The Nikkei Average of 225 selected issues closed out the week at 26,123.68 yen on Friday, down 418.29 yen or
      AFP  -  284 words
    • 434 24 Market depressed by economic, political events UPI 7 SHARE PRICES closed lower last Friday on London's international stock exchange, at the end of a depressed week in which the market refocused its view of both Britain's economy and its politics. The Financial Times 100share
      UPI  -  434 words
    • ASIAN MARKETS ROUNDUP
      • 238 24 SHARE PRICES in Hongkong seesawed wildly last week in what brokers called an "airport market" as investors reacted to news of Si noBritish disagreement over the British colony's airport plan. The Hang Seng Index logged a 1.13 per cent fall in the end. closing at 3.625.80 on Friday after
        238 words
      • 136 24 AUSTRALIAN stocks closed higher last week on strong support from United States and European investors, brokers said on Friday. They said offshore investors had shown strong support for Australian blue-chip companies due to lowering interest rates and falling inflation. "Overseas buying is pushing the market to new levels," J
        136 words
      • 127 24 THE Securities Exchange of Thailand (SET) index declined 35.62 points over the previous week to close last Friday at 872.51 points. The close was 3.92 per cent down from the pre\ious week's 908.13 points. The stock market index fell heavily on Tuesday, losing 15.71 points. It was also down
        127 words
      • 256 24 SHARE PRICES on the Taiwan Stock Exchange continued to be bullish despite cautious sentiments last week, with the weighted price index posting this year's new high on Friday. Extending the previous week's 2.7 per cent boost, the 227-issue index gained another 201.89 points, or 3.5 per cent, to close
        256 words
      • 169 24 PRICES rose on the Jakarta Stock Exchange (JSE) last week in heavy trading as investors returned with greater optimism after the week-long Idul Fitri Muslim holidays. The JSE composite price index gained 2.5 per cent to close at 423.191 on Friday from 412.480 on April 12, the last day
        169 words
      • 145 24 THE South Korean bourse, which had consolidated in recent weeks, bounced back last week, but the rebound inspired little market enthusiasm because of continuing high interest rates. The broad-based Composite Price Index gained 18.14 points, or 2.9 per cent, to close Saturday's half-day session at 638.71 points. Average daily
        145 words
      • 74 24 PHILIPPINE share prices fell last week amid listless trading and unclear signs of an economic recovery. At the Manila Stock Exchange, the composite index closed at 1,048.18 points on Friday, down 23.32 points, or 2.2 per cent, from the previous week's close of 1,071.5 points. At the suburban Makati
        74 words
      • 198 24 AFP INDIAN stock markets were generally listless during the week as political uncertainty and an expected economic downturn failed to bring about an anticipated bear hammering. The Bombay Stock Exchange (BSE) sensitivity index gained 3.3 points at 1,286.6 and the BSE national index moved up by 1.7 points to
        AFP  -  198 words
  • Page 24 Advertisements
    • 244 24 THE BEST OF AIRTROPOLIS CHANGI AIRPORT AIRTROPOLIS Singapore Changi Airport has been voted the best airport in the world... three times in a row. Overseas travellers recognise the airport for its fast, efficient and user-friendly facilities. From May 31, 1991, SPH newspapers will unveil a vivid portrait of Singapore Changi
      244 words
    • 2 24 Business Times
      2 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4662 25 MBT BLUE CHIPS scored significant gains last week in an otherwise lacklustre market that was groping for direction. The higher prices paid for blue-chip stocks were a continuation of a trend that was established several weeks ago. Reflecting this trend, the New
      MBT  -  4,662 words
  • Page 25 Advertisements
    • 729 25 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 LOST SHARE CERTIFICATES The following Shere Certificates/ together wNh the relevant signed transfer deed* have been reported lost or destroyed: ACMA LTD Certificate No. In the name of No. of shares *****77 OUB Nominees Pte Ltd Ixl 000 AMCOI. HOLDINGS LIMITED
      729 words
    • 78 25 H j. UMkEL dHEMi£AL PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY given pursuant to Section 308(2) of the Companies Act Cap 50 that the Final Meeting of Members of the above-named Company will be heW at 50 Jalar Sultan #21 04 Jalan Sultan Centre Singapore 0719 or 31st May
      78 words

  • WORLD STOCK MARKETS
    • US stocks fall on depressing GNP report
      • Article, Illustration
        1329 26 A DEPRESSING report on the state of the economy, although much as expected by Wall Street, brought the bond market down initially last Friday, and stocks followed. The Dow Jones Industrial Average fell to 2,912.38, down 8.66 on the day and 53.21, or 1.8 per cent, for the
        1,329 words
      • Article, Illustration
        719 26 SHARE PRICES fell on Friday in listless trading on the London Stock Exchange. Dealers said trading enthusiasm was low and Wall Street failed to provide much-needed inspiration to uncertain traders. The Financial Times-Stock Exchange 100-share index closed down 10.8 points, at 2,471.3. The Financial Times 30-share index was down
        719 words
      • 282 26 Other markets in Europe, South Africa and Canada Amsterdam Apr 26 KIs ABN AMRO 37.20 unch AMEV 58.00 -.5 Acgon 124.30 -2.7 Ahold 83.50 .7 Akzo 115.20 -.5 Alrcnta 183.40 -.3 Ass. Stad 39.80 -.3 BOLS 208.50 f 1.0 Borsumy 85.20 I Buchrman Tetterod 60.90 -.1 CSM 85.30 -1.0 Daf
        282 words
      • 291 26 FRENCH share prices finished barely changed as tyre maker Michelin conserved almost all of the solid gains it racked up on Friday morning. The CAC-40 index ended down 2.34 points at 1,774.67 on listless volume of about 1.5 billion francs. Michelin, which surged 10 per cent to 92.50 French
        291 words
      • 226 26 GERMANY'S 30-share DAX index showed a small gain for the third consecutive day on Friday, but ended well below early highs as pre-weekend cau- tion prompted professional traders to square positions. The index ended higher at 1,623.81 after recording a new 1991 high of 1.632.47. Dealers said market sentiment
        226 words
      • 330 26 SWISS SHARES closed quietly easier on Friday as several first-quarter reports and a speech by Swiss National Bank president Mr Markus Lusser failed to inject life into a slow market which saw some late profit taking due to Wall Street's lower opening, traders said. The all-share SPI Index closed
        330 words
      • 96 26 SWEDISH share prices moved lower in continued cautious trade on Friday, mainly in reaction to overnight declines on Wall Street. The bourse general index lost 0.38 per cent to close at 1,049.10 in low turnover of 223 crowns. "Many portfolio managers were at Asea's annual general meeting and didn't
        96 words
      • 253 26 ITALIAN shares once again ignored the positive trend elsewhere in Europe and fell over one per cent to end a dispiriting week on a weak note, brokers said. Fresh talk of some forced selling ahead of the April 30 settlement day and Olivetti's decision to omit an ordinary dividend,
        253 words
      • 455 26 INDUSTRIAL shares in Johannesburg continued to test higher ground on Friday following a record breaking run last week, bolstered by unwavering local and foreign interest in blue-chip stocks, dealers said. A weak financial rand was also a factor supporting prices, they said, as was a persistently short supply of
        455 words
      • 363 26 Agencies TORONTO stocks recovered partially from opening weakness to end slightly lower last Friday. The weekend meeting of policymakers from the Group of Seven nations and Ontario's new budget due today kept the markets quiet, dealers said. Economists said global inflation and interest rates were among the topics discussed
        Agencies  -  363 words
      • 88 26 INDICES TURNOVER Apnl 26 Close Prrtmn NEW YORK Dow Jones 2.912.38 2.921 04 -8.66 NYSE Financial 152.33 152.83 -0.50 SAP 500 379.02 379.25 -0.23 Turnover (million) 153 86 166 94 -1308 LONDON Financial Times 30 1.938.3 1.943.9 -5.6 FTSE 100 2,471.3 2.482 1 •108 Turnover (million) 536 5 462 6
        88 words
  • Page 26 Advertisements
    • 51 26 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, cair Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      51 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 464 27 NEW YORK THE AMERICAN currency closed higher than opening levels last Friday, as the market awaited the outcome of the weekend's G-7 meeting. "Not much happened. Everyone is waiting for the G-7," said Belal Khan, a corporate dealer for Fuji Bank in New York.
      464 words
    • 687 27 ASIAN CURRENCIES ASIAN CURRENCIES were mixed against the US dollar last week, with investors looking closely at the outcome of a Group of Seven (G-7) meeting and the US economy. The Japanese yen, the South Korean won, the Philippines peso and the Australian, Singapore
      687 words
    • 405 27 Cross rates Apr 27 USS SS MS* Dm Yen SFr AS NZS USS 1.7770 2.7580 1.7530 138.20 0.5915 1 4778 1.2829 1.7065 SS 0.5627 1.5534 0.9865 0.7777 0.3329 0.8316 0.7219 0.9603 MS' 0.3626 64.38 0.6331 0.4998 0.2139 0.5312 0.4659 0.6182 Dm 0.5705 1.0137 1.5796 78.84 0.3374 *****
      405 words
    • 581 27 Interbank rates S$ Bid Offer Overnight 5 3/4 5 7/8 1-month 4 13/16 4 15/16 2-month 4 13/16 4 15/16 3-month 4 7/8 5 Overnight mode: 4-7/8 USS High Low 7 days 6 1/8 6 1/16 1 month 6 1/8 6 2 months 6 3/16 6 3 months
      581 words
    • 494 27 Reuter INVESTORS waiting for the Federal Reserve to cut interest rates again will have to wait a while longer, economists said, in spite of widespread evidence that the US economy remains in a slump. Policymakers at the Fed appear to be
      Reuter  -  494 words
    • 413 27 Country faces shrinking current account surplus Reuter GERMAN policymakers must find a way to make their tight money policy palatable to other Group-of-Seven countries as they seek ways to support the D-mark and keep capital flowing into their country. This may require
      Reuter  -  413 words
    • 306 27 IMM Apr 26 pcuTscwEimm Open High Low Sett Vol Op/lnt Jun 91 0 5688 0 5705 0 5667 0.5696 44.255 78.070 Sep 91 0.5648 0 5660 0.5620 0.5651 EUKODOU-M Open High Low Sett Vol Op/lnt Jun 91 9173 9175 9168 9173 143.824 801.033 Sep 91 93.45 93.47 93.39
      306 words
    • 364 27 Reuter SEVENTY per cent of primary dealers were profitable in US government securities trading in 1990, making it the best year since 1986 when 90 per cent made money, a Fed official told the Public Securities Association annual meeting in White
      Reuter  -  364 words
    • 493 27 BANKS Industrial Bank (Japan) 8 BKIB International Bank (S) 7¥4 An 4 f 3n k d"T«? Istituto Bancario Allied Irish Bank PLC 8 &n pa0 0 Dj Tonno gl/4 American Express Bank 8 8 Am Dam R terdam Bank 8 R Bank (S) \rab Banking Corp 8
      493 words
  • Page 27 Advertisements

  • COMMODITIES
    • 424 28 PERTAMINA is increasing the refining of crude oil by 4.8 per cent to 860,0 CX) barrels per day this fiscal year (beginning last month) from 820,000 bpd last fiscal year, says the president of the Indonesian state oil company, Faisal Abda'oe.
      424 words
    • 263 28 AP SIGNS that sugar supplies this year will outstrip demand by more than first forecast have forced prices to their lowest level in three years. "Overall, the market fundamentals have been pointing downwards... for some time," said Chris Pack, sugar market analyst at the
      AP  -  263 words
    • 909 28 REPORTS A SLIDE in gold prices to a nine-month low on Thursday, attributed by some analysts to Middle East selling, took commodities markets by surprise in the past week. Selling of this kind had not been seen from the Middle East
      909 words
  • 1148 28 Rubber MSflrthibdw) S cents/kg Int 1 RSS Close Apr 22 145.00 Apr 23 >44.50 Apr 24 144.75 Apr 25 145.75 Apr 26 145.50 WWCLE >■ Mw) M cents/kg Int 1 RSS Close Apr 22 225.50 Apr 23 225.50 A?r 24 225.50 Apr 25 225.50 Apr 26 226.50 tOMOOII(Apr26) pencc/kg
    1,148 words
  • Page 28 Advertisements
    • 538 28 BUSINESS TIMES TELEPHONE. 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUTHERLAND ENGINEERS PTE. LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP [PURSUANT TO SECTION 290<lXb)) At an Extraordinary General Meeting of the members of SUTHERLAND ENGINEERS PTE. LTD. duly
      538 words
    • 434 28 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF DUNES PTE LTD (Incorporated In the Republic of Singapore) (In Liquidation) MEMBERS' VOLUNTARY WINDING UP NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. (Chapter 50) that the Final General Meeting of
      434 words
    • 16 28 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
      16 words
    • 11 28 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words

  • 1085 29 City Flight ETA Flight ETO City Flight ETA Flight ETO MH613 1850 MH614 1850 Adttafd# SQ228 1905 SQ227 >200 MH615 1945 SQ118 1945 Amsterdam KL841 SQ23 1055 1240 KL842 2035 SQ1I5 MH617 2005 2050 O 1 AR MH616 MH618 cn« OA 2035 2045 2100 2140 2200
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  • THE TRAVEL PAGE
    • 833 29  -  LETTER FROM SCOTLAND By Michael Wigan THE TIDE rips across the flats of the estuaries two-and-a-half times as fast as it recedes. These estuaries are long and muddy, rockfringed, separated by green promontories. The castle ruins are on knolls at the rivermouths, tucked in under the
      833 words
    • 152 29 As aft 26 April: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.370 I.3W Canadian dollar 1.525 1.545 NZ dollar 1.027 1.062 Sterling pound 2.986 3.006 US dollar 1.7710 1.7810 Local dollars to 100 units of foreign currency Austrian schilling 14.20 15.20
      152 words
    • 80 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April 20- International Florence. SOGESE S.p A *****9721 Ma> 6-9 Offshore Houston Offshore (1)********** Mav I Handicraft Italy Technology Technology Fair Conference Conference April 28- International Ion Jon The Building *****6-1951 May 6-12 International Plovdiv. Foire Interna-
      80 words
  • Page 29 Advertisements
    • 37 29 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. kntn* tnmi sfcut In KinfiuJi
      37 words
    • 34 29 WEEKEND How to become a v\l weekend car owner. vW All you need to know. L In The New Paper today. e atest news and much more. %SS& F rom lunch-time. Monday to Saturday.
      34 words
  • Page 29 Miscellaneous
    • 382 29 ACROSS fi ——b ——R B Js p I 1 Foot has now become a To- mam mm jhm U back-bencher 4 Stick by your decision to j buy Irishman a drink (5,3) j j I 1 I 9 Again start work on a sum- HB" HI mary (6) JHL—-^H—— 10
      382 words
    • 211 29 Singapore Outlook: Showers over a few areas in the afternoon. Forecast: Maximum temperature 33.1° C Assoc humidity 69% Minimum temperature 25.5° C Assoc humidity 96% Hours of sunshine 7.45 Rainfall in mm Trace Rainfall this month 121.3 Rainy days this month 12 World report Asia-Pacific Hi/Ix»* C'ond. Auckland 19/14 Fair
      211 words
    • 40 29 !<~@:<`_@_;_$<=']<}[}:`|/&/?+?> Nov fce. Looey tc v e j I ujv-icn thcv t oo< us on tmgy stop pcclimg SOW FOR" Vp ooe> p>t > vjeee scRg£NG the eoT-roro NiooßseLP. opwes-- J \OF TVC. Cr *_J Q415 C EVENING STANDARD CO LTD IM2-1991
      40 words

  • 324 30  -  Real growth expected to moderate to 7pc By S N Vasuki THAILAND'S economic problems are unlikely to be resolved in the short term and the country's real growth will moderate to 7 per cent this year, down from 10 per cent in
    324 words
  • 140 30 Reuter GERMANY plans to allow more people in its depressed east to retire earlier to cut the region's growing unemployment. The Labour Ministry' in Bonn wants to reduce the early retirement age to 54 or 55 years from 57, wiping more than 200,000 off
    Reuter  -  140 words
  • 401 30 Reuter A NEW GLIMMER of hope is emerging for the crumbling economy in eastern Germany, according to two reports released over the weekend. German newspapers quoted a report from five major economic institutes as saying production in eastern Germany could begin to rise
    Reuter  -  401 words
  • 233 30 THE ECONOMY is likely to perform much better than expected this year. Deputy Prime Minister Brigadier General Lee Hsien Loong said yesterday. But the growth rate this year will still be lower than last year's, said BG Lee, who is
    233 words
  • 332 30 Bernama DEFENCE COOPERATION between Malaysia and Australia will continue at the present level despite strained relations between the two countries now. Defence Minister Datuk Seri Najib Tun Abdul Razak said yesterday. Australia, along with other members of the Five-Power Defence Arrangements (FPDA), had
    Bernama  -  332 words
  • 295 30 Reuter A TAIWAN delegation left on an historic visit to China yesterday, seeking to open a channel of communication between the two sides after more than 40 years of Cold War confrontation. The 14-member group from Taiwan's Straits Exchange Foundation, formed late last
    Reuter  -  295 words
  • 78 30 Japanese Prime Minister Toshiki kaifu walking pass the 16th Century 'A Formosa', the gateway of the remaining ruins of a Portugese fort in Malacca. Mr Kaifu, his wife Sachiyo and a 60-member delegation are in Malaysia for a three-day visit, the first leg of a
    78 words
  • 177 30 DATUK Seri Dr Mahathir Mohamad has told defence ministers from member countries of the Five Power Defence Arrangement (FPDA) that Malaysia will continue to support the arrangement. The Prime Minister agreed with the views of the ministers that the defence arrangement had contributed greatly
    177 words
  • Page 30 Advertisements
    • 92 30 PiageT JOAHIJER EN IKJKIXXiERIEIJEIIIISIB74 CENSVE IF--". Ik MUL* KnRM^: MHMMM Dauphin Sitzkultur A HEALTHY BACKBONE IS ESSENTIAL FOR PERFORMANCE. We want to inspire people with chairs which display corporate identity: The superb, clean the design of Dauphin chairs integrate elegantly into the office environment. Reasonably priced seating en- hance productivity.
      92 words
    • 131 30 PiageT fiAHJJER EN Kmxww. I MI/IS 1874 GENtiVK EHL. A MITSUBISHI YOU EVERYWHERE. AW.:ST S mall, light. Intelligent and Mobile The New SUM-TEL MT796. weighing 300gm with standard battery A handphone that speaks for you and the lifestyle you lead v ore toucr 00SlWS The agile SLIM-TEL MT796 pacKs everything
      131 words

  • ShippingTimes
    • 412 31  -  By Rahita Elias JAPANESE cruise operator Seven Seas Cruise Lines is using a newly set-up Singapore company to spearhead its marketing efforts in the United States. Australia and Europe. Seven Seas Cruises, which started operations in January, will sell cruises on the luxuryliner
      412 words
    • 498 31 THE expansion project of state-owned shipbuilding company PT PAL Indonesia in Surabaya. East Java, with an additional investment commitment of about Rp7oo billion (SS6IS million) is expected to be completed early in 1993. According to Jakarta Post. PT PAL Indonesia's director of technology
      498 words
    • 295 31 AP TO MAKE UP for a drastic decline in exports to the US. South Korea's car industry is trying to diversify to markets in Europe. Asia and other regions. car makers say. The US has been Korea's No. 1 car market since
      AP  -  295 words
    • 527 31 TWO Asean airlines, claiming high load factors over the past few months, are applying for permits to expand their Indonesian services, while a third airline says that it will increase its services in May. According to the Jakarta Post. Royal Brunei and Malaysia
      527 words
    • 527 31 Bernama A NEW Separate Merchant's Agreement (SMA) has been worked out for shipping natural rubber. Malaysian Rubber Exchange and Licensing Board chairman Datuk Ahmad Sabki bin Jahidin said in Kuala Lumpur on Friday that the new SMA would be effective from May 1 until
      Bernama  -  527 words
    • 207 31 AFP THE Swiss-based Societe Generale de Surveillance (SGS) will own a 40 per cent equity in a new firm which Indonesia will set up to carry out customs inspection overseas for all its imports, the Kompas daily newspaper said in Jakarta on
      AFP  -  207 words
    • NEWS SUMMARY
      • 53 31 MEMBERS of the shipping community had rollicking fun when the Shipping Times pleasure craft dropped anchor at Rascals, Pan Pacific, last Friday evening to celebrate the paper's 13th anniversary. Drinks flowed non-stop as all dn board mingled to catch up on the latest happenings in
        53 words
      • 32 31 GREENPEACE has vowed it will continue its campaign against offshore oil exploration despite the threat of further legal action by companies it targets at Back Page
        32 words
      • 44 31 US Transportation Secretary Samuel Skinner said last Thursday that Trans World Airlines inc can sell only three of the six London routes it wanted to shed, throwing the cash-strapped carrier's future into doubt Back Page
        44 words
      • 38 31 THREE fern companies last Friday said they would not take fans of the Manchester United soccer club from England to Rotherdam, Netherlands for the European Cupwinners Cup final on May 15 Back Page
        38 words
      • 31 31 A POWERFUL bomb explosion sank a Greek tugboat in a harbour west of Athens early last Friday but no one was injured. police said. Back Page
        31 words
    • LOG BOOK
      • 76 32 KAL offers US$840m deal to Pratt Whitney PRATT WHITNEY won a US$B4O million (551.48 billion) contract, its largest to date this year, when Korean Airlines selected its PW4OOO jet engines to power 25 Boeing 747-400 jumbos the airline ordered in 1989. In total, Pratt Whitney will supply 114 engines when
        76 words
      • 82 32 EAST JAPAN Railways Co (EJR) said on Saturday that it had agreed to donate 28 used diesel engines and one train coach to the Soviet Union for use on Sakhalin Island. The agreement came during negotiations between EJR and a visiting Soviet Railway Transport Ministry
        82 words
      • 71 32 PAKISTAN resumed a train service to the eastern Iranian town of Zahidan after a 20-year gap in a move that will help trade between the two countries, a Pakistan rail official said in Islamabad. Trains will initially run once a week from the south-western Pakistani town of
        71 words
      • 59 32 A SURVEY has been requested on the Czechoslovak vessel Orlik after a 13,200-kg granite block fell from a height of about three metres on to the ship during a loading operation on April 24, Lloyd's Shipping Intelligence said in London. The 15,870-dwt Orlik is in
        59 words
      • 93 32 A TANKER spilt about 100 tonnes of heavy fuel oil into the sea off the Korean port of Pusan after a colliding with a freighter, police in Seoul said on Saturday. Seven hours after the collision on Friday, an oil slick 7,000 square meters in
        93 words
      • 65 32 THE state-owned Bangladesh Petroleum Corp (BPC) has invited tenders for importing 150,000 barrels of High Speed Diesel oil for shipment between June 21 and June 25, BPC officials said in Dhaka on Saturday. Offers for the cargo, to be delivered at Chittagong port on a C
        65 words
      • 51 32 GREEK SHIPPING magnate Stavros Niarchos has been hospitalised at Innsbruck University Hospital since Friday, a doctor at the hospital said on Saturday. The physician refused to divulge details of the 82-year-old billionaire's illness, but said that his two sons were at his bedside in the intensive care
        51 words
    • 168 32 MEMBERS of the shipping community had rollicking fun when the Shipping Times pleasure craft dropped anchor at Rascals, Pan Pacific, on Friday evening to celebrate the paper's 13th anniversary. Drinks flowed non-stop as all on board mingled to ex- change views on the latest shipping
      Pictures by Arthur Lee  -  168 words
    • 1365 32 THE freight market on Thursday was steady at recent firm levels, but there was no fresh news to buoy sentiment further, brokers said. The Baltic Freight Index shed two points to 1,630, mostly on a weaker US/West European grain route. The route's sub-index was marked down to USS
      1,365 words
    • 860 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      860 words
    • 12419 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
      12,419 words
    • SHIPS IN PORT
      • 633 47 Vessel fay No Bfth Arrival Oeparttre f Veuet Voy No Berth jnM D«pjrtv*i K«ppd Wharves Sbimada 91 ION M3B 27 05 0800 27 05/2100 G R Gumuspal 2/91 K33 alongs.de 27 05 0400 Super Star 9 4/911 MIC 2705/1000 27 05/2200 Kota iaya E895 K31 atongs.de 29
        633 words
      • 1233 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rsfts Ship Voy No Etb/Btr Period From To From All. Pnde ***** 01/0700 2 28/1700 29/0659 29/0900 4 29/1200 29/1459 29/1700 Ambas Bridge 33E 30/1800 2 28/1700 29/0659 29/0900 3 29/0700 29/1159 29/1400 4 29/1200 29/1459 29/1700 An
        1,233 words
      • 216 47 Pemng Port Kuawtan Pwt On the way: Kentonvalle Star, Pernas Propane, Fayruz 18. In the roads; berth 1: ml; berth 2: ml; berth 3: ml; berth 4: Pernas Suasa. Shafina: Ria, Pacific Samudera, Bangtumpoo. HMS Darwin, HMS Swan, HMS Stuart. Asean Princess, Smar Mega, Petro Mewah, Gloria,
        216 words
    • 325 48 AP GREENPEACE has vowed it will continue its campaign against offshore oil exploration despite the threat of further legal action by companies it targets at. BHP Petroleum said last Friday it had called otT federal court action against Greenpeace which had the potential to
      AP  -  325 words
    • 323 48 Reuter US Transportation Secretary Samuel Skinner said last Thursday that Trans World Airlines Inc can sell only three of the six London routes it wanted to shed, throwing the cash-strapped carrier's future into doubt. TWA had been trying to sell six
      Reuter  -  323 words
    • 354 48 AP THREE ferry companies last Friday said they would not take fans of the Manchester United soccer club from England to Rotherdam. Netherlands for the European Cupwinners Cup final on May 15. Sealink Stena Line, North Sea Ferries and Olau Line all said
      AP  -  354 words
    • 337 48 Reuter JIM SCOTT. Air New Zealand's chief executive for the past three years, resigned suddenly and for no apparent reason last Friday. Chairman Bob Matthew said in a statement Mr Scott's resignation had been accepted with regret but no replacement had yet been appointed.
      Reuter  -  337 words
    • 211 48 UPI A POWERFUL bomb explosion sank a Greek tugboat in a harbour west of Athens early last Friday but no one was injured, police said. An anonymous caller claiming to be a member of the terrorist organisation November 17 called the offices of an Athens
      UPI  -  211 words
  • Page 31 Advertisements
    • 234 31 ECS MARINE AUTOFAX (UK) 1 SERVICES INCLUDES ip!! 1. CREDIT REPORTS 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING CaU 2241 890 for I FREE Demostration Package Cockett Report 2 Container Schedule 17 Daity Freights 2 lnde« to Advertisers 3 Shipping Guide 10,11 Ships in Port 17 Singapore
      234 words


  • Page 33 Advertisements
    • 2244 33 JARDINe SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt. Singapore 0208 All If# rel *****11 TELEX NO RS ***** irffTßlll TERMINAL CFS Tel *****18 220 rCfioSfll BOOKINGS Tel *****34 258 i %Ffrw A ksaka jardine shipping agencies WOT KELAN6 TEL: *****18 TELEX NO. MA*****/MA***** S2S PENANG TEL *****4 TELEX NO
      2,244 words
    • 1251 33 INDEX TOfIDVKTISERS Page Col Page Col A 1 1 M ABC Containeiiine 12 I M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nds Agencies 14 1/2 AFS 15 2 Ahrenkiel Liner 16 4 nhH w, Alfred C Toepfcr 15 5 Madju Sdn Bhd 15 1/2 All.ed-L.nk 16 4/5 •MaerskL.ne
      1,251 words
    • 2212 33 ■PBWWWfIW SINGAPORE TO KOBE IN 8 OAYS ETO SINGAPORE BTH MAY. 1991 MAJESTIC MAERSK VOYAGE 9104 ETA KOBE 15TH MAY. 1991 Vessel Voy ETA I ETO "Port "Peneng DESTINATIONS Singapore Kelang This week Mc-K>nr«, 9'02 Feeoer 30/4 moo hrs CFS 235« MAS OAK LGB HOU MEM ATL MtA CHS BAL
      2,212 words

  • Page 34 Advertisements
    • 1189 34 Irotteoam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE pppßß LA SEINE 18/11/ 3/5 24/5 22/5 21/5 MjHlgj CGM PASCAL 01/317 5/5 22/5 24/5 27/5 28/5 HONGKONG EXPRESS 01/118 9/5 30/5 28/5 27/5 L ALL KAGA 18/318 12/5 29/5 31/5 3/6 4/6 KCUtfIQ i ffMM CARGO KURAMA 10/119 16/5
      1,189 words
    • 554 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2103E 28/4 15/5 18/5 23/5 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX SAI (PERU) L J BONTANG 2103 C 28/4 6/6 7*6 10/6 12/6 13/6 Agents SINGAPORE:
      554 words
    • 1106 34 WMUMBBA JSJSWS REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 108W 02/05 23/05 24/05 29/05 30/05 31/05 01/06 02/06 03/06 NORASIA SUN 9109 3 05/05 26/05 27/05 31/05 01/06 02/06 03/06 04/06
      1,106 words

  • Page 35 Advertisements
    • 2168 35 itime Holdings Ltd mrtUSTRAITS SHIPPING **1 tlimiFi tt Bnati, fast Malaysia, ggj/gl MuM art VMM ACCEPTS OUI Mill CARGO STRAITS VENTURE VO/E Muira. Lab, KK 30-01 May 02 May 04 May STRAITS HOPE VOU KK Skin, Taw 02 01 May 04 May 07 May RAJAH RROOKi VlJt Muara. Life. NK
      2,168 words
    • 2164 35 [TO, M« A /PANAMA IHA I. lU»AMUM i» OAK >J Cll FDI Ut MM NTC YC M 0,1 LSB OAK IP ■■(•MM U«ITM IF ,17 i, Sf, l li ,4 ffl U4 CMOYANC fRONTIER NA 111 Vfl «1 tut M lt/4 114 U'J ?Jn«2e »Vl« IH M !i ,J? m
      2,164 words
    • 414 35 STIUITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel Ivor sp [pk [kuc [75 SONBAI i lid ASIAN CLIPPER 101 1M KOU SHUN To 1%14 MILLION TRADER 4 7M i/S 3 TANJUNC PEHAK ~~m "5/4 ORANGE MOON 13 tti US ALICE 1 4/5 V% ORANGE OCEAN I 1/5 M
      414 words

  • Page 36 Advertisements
    • 725 36 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOV S'POftE ROAM, AOAM H BURG BREMEN ANTWERP KUTAIOWB ICS 14/6 19/6 Uli NATARAM29WB 10ft M/ 7 21/7 26/7 »(7 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|«ct to Inducement AIM accepting cargo to CaMblanca. Port Said. Port Aleiandrla, Oanoa. Trteele
      725 words
    • 1032 36 ft i£| HANJIN SHIPPING «..liru RTM ANR HAM BRV FEL |fKOC« VSL SIN LINE HAUL LAX OAK I S A 57 IHANIIN HOTTEROAM 014E »4 DIRECT 21/5 Ois HANIIN TONCHAEO4IW "5 1«N)IN SEATTLE Ollt »5 H HAMBURG OWE I M HANJIN fELIXSTOWE 007* 5,5 73(5 74 5 n,5 u 3
      1,032 words
    • 53 36 ImnnM scam iloyd shipping pie ltd K BLK 118 ALJUNIEO AVE 2 *06-106 /mf lfU SINGAPORE 1438 TEL; *****22 WEEKLY Pill Jil I M (MON. THURS) VSL KUALA SIAK IV o REGULAR SERVICES TO DUMA^PEKANBARU SPECIALISE IN PROJECT CARGOES FOR ALL INDONESIAN PORTS ALSO SPECIALISING IN WAREHOUSING AND STORAGE CONTACT
      53 words
    • 1213 36 IJ -1 r-T"T3"3^"^^ I PKI SCR HKG use KLC PUS HKT 0» NCT 9U TVO LAX CHS BAI NYC LHV ANN ROM THR MSG PSO CM RW. SCR l GUIDE RL 047 IS Ift lft tft 18/S 13/S lift 17/5 lis 1»« AS Il'i 1U 141 1M !M M M
      1,213 words

  • Page 37 Advertisements
    • 2140 37 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) Jrj BOOKINGS: UK/EUROPE SERVICE-*****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 JV TERMINAL OFFICE *****22 DOCUMENTATION OEPT: *****44/*****14 MMi mCFS: K27 IMPORT: *****6******50 CFS: K27 EXPORT: *****53/*****04 MM NEPUNE SDN BHD MALAYSIA Jrjr K.L.-(03) *****33, P. Kdang-(o3}
      2,140 words
    • 1129 37 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 DISCHARGING FROM EASTBOUNO LOADING FOR WESTBOUND vtsstis vo* si* mi* *«g ioi 4m Pm hbg bhv til htm awt |»ci »ess*l |vot
      1,129 words

  • Page 38 Advertisements
    • 1573 38 MM" v wft AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) I wm TEL: *****77 TELEX: KAWAKi R*****5 FAX: *****79 I H IVT MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I 1 1!/ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 ■Sb KAWASAKI KISEN KAISHA, INDONESIA: P.T.
      1,573 words
    • 1301 38 PHIU-OmCNT UNCS PTC LTD 108 ROBINSON ROAD *0/00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69-*****00 TELEX RS ***** PHILI FAX *****76.*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 6 MAY MONTREAL. OTTAWA, TORONTO, 3 MAY DUBAI, DAMMAN, SHARJAH. DOHA.
      1,301 words

  • Page 39 Advertisements
    • 1517 39 5555:^3a a pacific international lines (pte) ltc J PIL Building. 140 Cecil Street *03-00, Singapore 0106. I JAKARTA I I BANGKOK 1 VESSEL VOY SIN JKT SIN Km"bINTANG IHn S5 "j" BUNGA TERATAI 173 30/4 2/5 6/5 PEGASUS PROGRESS MSN 1/5 4/5 B/5 HAI GUANG 9106 2/5 5/5 KOTA PAHLAWAN
      1,517 words
    • 1188 39 9 \f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM SHAMPTON HAMBURG f GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN KorriQan 128 1/5 18/5 19/5 21/5 22/5 Nihon' 126 2/5
      1,188 words
    • 479 39 M MYANMA PHik HVE STAR UNE V (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdg MYITKYINA V42BW 30/1 May MP* AN VI62W 30 2 May PAGAN VI69W 30/2 May MYOMAYWA VI3SW 4/7 May 30/3 May THE BANK UNE (A service of Andrew Wair Shipping) SEMI-CONTAINER
      479 words



  • Page 42 Advertisements
    • 693 42 TO AUSTRALIA/NEW ZEALAND VSL fslii |Fr«m iMelb Spi Audi InPE P CMALM ELLEN HUDIG 220 74/S Hi TTT M i 16 M SRUSSEL 271 "»5 *6 75t 14,* W 21* 21, i c. verolmc m Tw lis Hi Iw w to ANTWERPEN 2/3 Hit 17 IT? "l? 7 IS? 21(7
      693 words
    • 897 42 ■em ii i miimi EXPORTS TO HONGKONG, TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE [OUTBOUND VOY PKL PNC JKT I SIN I HKG KAO KEE TYO SM2 NGO KOB II VESSEL VOY [SIN jPKI PNC BtW SIN CAIIFORNI/TCARRIER4B *24 425 4 30 4 45 6510 5 US 12 5
      897 words
    • 187 42 P.T. UNITED SHIPPING IoF ORGANISATION LTD x OMKCT REGULAR smvices -X- t JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA A SURABAYA W Atttft carfMi to all otfcor l»«o«—!>■ with traMhlpwrat at Jakarta or Iwakaira. DESTINATION ETA ETD VSL a JAKARTA 1/5 1/5 P. JAWA A W 11/5 12/5 P KALIMANTAN
      187 words
    • 1501 42 /Ite J i 3 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE tel 2M*O 2. MIST RI ROAD, HMC BUILDING TELEX: RS 26t30COSHIP #15 00 SINGAPORE 0207 FA*: OHMS CR NO: **********0 M CABLE: COSTARLINE General Agents: COSTAR SHIPPING PTE LTD TO HOWOKOMQ AMO CHINA VESSEL,VOY SCP HKG SWA XIN
      1,501 words

  • Page 43 Advertisements
    • 1057 43 WC CONVENTIONAL IMVICI PKL PNC P C loading (or A VESSEL ?«04 Rottefdjm Antwerp CHINA FULL COWTAIWM SERVICE VttMl SCP PHI BKH HKG QIN SHA YANCFANCKOU 149 01/b 07/S U/S I*,S TANGFANGKOU 151 01,* »S 07,6 1 lit lt/t Alio jccapting alh«r cKikm* portt «u HKG AUWAUA FVU CONTAIN!* SERVICE
      1,057 words
    • 342 43 ff&ll RICHFIELD MARINE AGENCIES (Sj PTE LTD A TEL: *****33 (12 Lines) m FAX: *****15/*****03 |PQJ TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL "A NO CONVENTTONAL" VESSEL IvOY £TA kOAOINO FOfl SPORF. AOBAV AiW TSvi HO5 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAttA
      342 words
    • 602 43 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KEIANG PENANG BIUE JAOE 15,5 Loading to» Male IRUVAI HUDHU 10,5 Loading (or Calcutta DOLPHIN KM 4ft Loading For Felnaaru PIONEER SUPREME 9/5 Loading For Malt DONAKULHI 12/5 Loaded For Felntaru PROGRESS LIBERTY 30/4 Loading for Maldives
      602 words
    • 833 43 SYDNEY/MELBOURNE BANGKOK [vessel VOY SPORE SYO MEL VESSEL |vOY SJNCAPOtE WWW PUNETA 0641 23/5 l(-llft 2»22/5 |wANA BHUM#' UN Tm 104 Frt lft PITA BHUM 0704 14 15/5 27-2S/S 31-2/t MAHA BHUM# 5411 Wad 1/5 Sat 4ft PLANETA OMI 2 Ift 15-I7ft 15-21* JENUNK SMI Thur 2ft Sun iff NANTA
      833 words

  • Page 44 Advertisements
    • 1327 44 MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEI: *****02 1 1 PENANG TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL (089) *****9 P KELANG TEL: (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 J BAHRU TEL (07)*****2 SIBU TEL (084 *****2 SARIKEI TEL (084)*****8 1 > JAKARTA TEL
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    • 386 44 Ifgfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FUI.LV CONTAINER ISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH FORT CHALMERS ACCEPTING FCI. LCL FOR AUCKLAND, NAPIER. WELLINGTON. BLUFF. CHRISTCHURCH. DUNEDIN. LYTTEI.TON, INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK ITT PROSPECT US May 18 Ma, Via NPI 70
      386 words
    • 1072 44 ig|Ul HUNG SOON LINES PTE. LTD. r r 77 Robinson road #15 00, #16-00 sia building Singapore 0106 ■WHHi TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES *****55 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL TvPT 1 ETA
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  • Page 45 Advertisements
    • 697 45 VttSfe. COMPANIA PERUANA 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. Ptnjng* P Ktljng Singapore E'Mua KARABIEVERETT 13/15 May 18(18 May iOHNEVERETT 26 28 May »/31 May SHAPIAEVERETT 05,0/ Jun 01/10 Jun "EVERETT
      697 words
    • 505 45 VSI IvOY |S PORE Imainliner [lax Ikst Isav lure |HfX ZIM SINGAPORE IX M 2IM KEELUNC 10/* It* 21* JM ZIN YOKOHAMA IS! 14,5 ZIM KEELUNC 10f< I*4 22/6 2*1% 2%% LEEWARD M 115 NM AMERICA lit !il 111 2IM ELAT Ml «5 ZIM HONGKONG 22* 1/7 V 67 1,7
      505 words
    • 629 45 SING HWANG HANGI •HWMMO TNAMMONTATION LTD WEEKLY LCL/FCL SERVICE VESSEL [SPORE [JAKARTA [SURABAYA EQUATOR MAS 02N 3/5 6/5 JENWEL V 173N I 3/5 I 6/5 VESSEL S PORE BANGKOK A VESSEL 2/5 5/5 A VESSEL 4/5 7/5 DESTINATIONS ETA SINGAPORE PORT KELANG 4 5 81 MANILA 4.591 HONG KONG. ALL
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    • 637 45 PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SW JKT SBY PRASETIA 165 A 02/05 05/05 JATIDIRI 930 04/05 07'05 DASA LIMA 909 07/05 10/05 PRASETIA 167 A 09/05 12/05 lAN TO UTAMA 159 01 05 04 05 TANTO UTAMA 161 08/05 11'05 General
      637 words
    • 410 45 SIN PAW EAST 5/5 KEELUNG/KAOHSIUNG 4/5 BANGKOK 4/5 MANILA/CEBU 4/5 JAKARTA/BELAWAN/SURABAYA 4/5 PORT KELANG/PENANG/E. Malaysia 3/5 BUSAN 6/5 TOKYO/YOKO/KOBE/NGO/OSA 6/5 HONG KONG SjN CHINA 6/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 3/5 LDN/FLX/LVP/SOU 3/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland< Bulgaria/Czech. SIN USA/CANADA 4/5
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  • Page 46 Advertisements
    • 598 46 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P.T. ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOV SPORE JAKARTA SURABAYA TAKARI t 1696 29 APR 02 ARR TAKARI I 1700 06 APR 01 MAY TAKARI IV 4012 02 MAY 04 MAY TAKARI I 1202 13 MAY IS MAY
      598 words
    • 290 46 J MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING PCL/LCL DUBAI DAMMAN, SHARJAH, DOHA. MUSCAT, BAHRAIN, ABU DHABI, BANDAR ABBAS. JEDDAH FAR EAST ACCf PTINQ PCL/LCL PENANG P KELANG. JAKARTA, BANGKOK, HONG KONG. TAIWAN. JAPAN, MANILA. KOREA UK/EUROPE ACCCPTINO PCL/LCL LONDON. FELIXSTOWE, LEEDS, TILBURY. ABERDEEN. LE HARVE. HAMBURG. ROTTEROAM, ANTWEP, GOTHENBURG.
      290 words
    • 515 46 SFTH SHIPPING CORP. SDN BHD PT KLANG TCI 0J*****M II ll(M| FAIM7QSII IVDC/ «»*M «L 04M21H UM TfL OlltlOU X CCz SIIU Til 084 *****2 TAWAU TEL 0*77*71 KK TEL OM 24Z2&0 KUCN Til: 082 *****3 MSI A TO (JSA/CANAOA CONTAINER SERVICE UtOIK VOr PtWIPHtISIW I IA;L» KST NYC HFK
      515 words
    • 531 46 CUU! con mnv inTERmoDUL^i LCL/FCL SERVICE FROM f\/ I HI HI W CU/I op«raiM ovtr 100 KmikwlaAofßeN In UJA I ll I IK9L 1 mdnialw ovtr W,OOO traolort ft trutto. I I /jBBI M G[W»«rvMov»r«<M>OOpolW.mU*-* MJm HBH\ m CU/I rtn»b<> icifci mni»». -mAA^rr/AMr n/i PENANO KL: ALLito-LiNK SINGAPORE: Mir 03-*****55
      531 words
    • 415 46 FCL/LCL SERVICES MANILA ETA CAPITAINE DAMPIER SNB 4 5 VIGOUR PACIFIC 36N8 11/5 BANGKOK 3,5 10/5 BUSAN 4/5 9/5 HONGKONG 4 5 9/5 DURBAN PT LOUIS 1/5 13/5 KEELUNG 5/5 125 U.S.A. 6/5 13/5 PT KELANG 3,5 10/5 KOBE 6/5 13/5 PIRAEUS 8/5 17,5 OSAKA 4/5 11/5 JAKARTA 2/5 3/5
      415 words

  • Page 47 Advertisements
    • 704 47 Mnry erf cantmn Iran btodu H7/M/N5 h rotrtctd tMtwtan 1500 wd 2100 horn on Aprf 27 /Sgg MORE FREQUENT FLIGHTS WORLDWIDE NEW ZEALAND/FIJI 1 VESSEL JHI PK| "Pw *Bkk Sn S tap tickliM Fl|l|A| *Ptyw«*|*| Than LftMn|l| Nipi* *i»Hmlii|C] Tump N Rotterdam 9109 Sid In Pt 30 4 30 4
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  • Page 47 Miscellaneous
    • 316 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 ***************0 1200 *****400 1500 1600 1700 *****900 2000 2100 2200 2300 JR 2.8 2.5 19 1.3 08 0.5 04 04 0.7 14 20 2 4 26 25 22 16 1 2 09 08
      316 words

  • Page 48 Advertisements
    • 758 48 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKI JHR SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL WAN HAI 203 012 21/04 23/04 24/04 H EXPLORER 25E 20,05 23 05 26 06
      758 words
    • 664 48 CHARTPOINT Every Saturday in Business Times notice ivQ 4 Rfln Ivaran Lines of Oslo, the South American specialists, take pleasure in announcing the appointment of Ben Line Agencies (Singapore) Pte Ltd. as the Lines agent for Singapore and Malaysia with effect from 27th May 1991. Ivaran s Regional Office: Ivaran
      664 words