The Business Times, 6 May 1991

Microfilm: NL17494
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    9 1 BusinessTimes MCI (P) 16/12/90 Monday, May 6, 1991 75*
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  • NEWS SUMMARY
    • Article
      Gorbachev says he is happy with Tokyo trip
      65 1 SOVIET PRESIDENT Mikhail Gorbachev yesterday told Michio Watanabe, a leading member of Japan's ruling Liberal Democratic Party, that he had "good impressions" from his visit last month to Tokyo. In spite of a lack of concrete results, Mr Gorbachev was "happy with
      65 words
    • Article
      Bhutto's husband cleared of fraud
      46 1 A PAKISTANI COURT yesterday acquitted opposition leader Benazir Bhutto's husband, Asif Ali Zardari, of bank fraud. But Zardari, who was arrested in October, was not released from jail because of a dozen other charges he faced, said Raja Qureshi, his lawyer.
      46 words
    • Article
      Plum job
      28 1 IT'S NOT every day that you find a Singapore architect getting a plum project overseas, but William Cheng, an archi-tect-cum-developer, has done just that Page 2
      28 words
    • Article
      The Singapore hub
      28 1 BUCKNALL AUSTIN pic, a listed UK-based quantity survey and project management consultant, has chosen Singapore as its hub for expansion in the region Page 2
      28 words
    • Article
      Viet reforms
      23 1 VIETNAM'S constitutional reforms, allowing for greater separation of party and state, will go before the National Assembly in July Page 8
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    • Article
      Where is US headed?
      35 1 Latest figures give grounds for both optimism and pessimism on the state of the US economy, but fail to give a clear sign of when the recession will end Page 11
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    • Article
      High gloss (over)
      21 1 NOTICED how snazzy company annual reports in Singapore are becoming? But brighter doesn't necessarily mean better Page 12
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    • Article
      Bells stop ringing
      22 1 MUSICAL LIFE in east Germany appears to have been devastated by the economic consequences of German unification Page 17
      22 words
    • Article
      Keppel's hopes
      30 1 KEPPEL Corporation's subsidiaries in the Philippines are counting on more foreign vessel repair and conversion orders to make up for the weakened domestic demand Shipping Times, Page I
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  • MARKETS SUMMARY
    • Article
      SIA invites proposals
      28 1 SINGAPORE AIRLINES is inviting financial institutions in the Republic to submit their proposals for lease financing of three aircraft that it has bought Page 3
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    • Article
      New Nomura ventures
      28 1 NOMURA Securities continues to expand into the Southeast Asian venture capital business with two new joint ventures lined up in Malaysia and Indonesia Page 3
      28 words
    • Article
      Time to take stock
      27 1 EQUITY MARKETS all over the world are in a dangerous and precarious position, says Robert Saperstein, a leading Elliot Wave analyst. Page 3
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    • Article
      Polly Peck revamp
      34 1 JOINT administrators to Polly Peck International pic are finalising a draft plan of reconstruction for the conglomerate to enable creditors owed £1.3 billion to get the report next week Page 5
      34 words
    • Article
      Merger pays off
      35 1 PHARMACEUTICALS group SmithKline Beecham pic will parade the benefits of its 1989 merger on May 9 and unveil a 15 per cent increase in first quarter pre-tax profits, analysts said Page 5
      35 words
    • Article
      Villains beware
      39 1 THE DECISION by Swiss banking authorities to bar the use of anonymous bank accounts means that the world's villains, ranging from drug barons to Third World dictators, will have nowhere to hide their ill-gotten gains. Page 6
      39 words
    • Article, Illustration
      STOCK INDICES
      26 1 Friday Change BT-MGA 739.38 -4.20 Kuala Lumpur ....588.09 +0.89 Tokyo Gosed Hongkong 3,737.88 +11.74 Sydney 1,518.4 -2.1 New York 2,938.86 +0.25 London 2,522.7 -8.0
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    • Article
      CURRENCIES
      23 1 Exchange rates US$ S$ 1.7665 100 Yen SS 1.2815 MS SS 0.6421 Money market rates Overnight 5 +1/2 3-month 4 15/16% -1/16
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    • Article
      COMMODITIES
      31 1 Rubber S'poreJune.. 146.25'Acg +0.25 M'sia June 226.00*/kg unch KL Tin Turnover 30 tonnes -50 Spot MS 15.14 /kg -12 Crude palm oil Turnover 647 lots -118 May MS791 /tonne -2
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  • Article
    Coles Myer may be eyeing Cold Storage stake
    617 1  -  Aussie group keen to expand into South-east Asia From Geoffrey Harris in MELBOURNE AUSTRALIA'S largest supermarket operator and retailer, Coles Myer, could be a surprise contender for Goodman Fielder Wattie's controlling stake in Cold Storage Holdings. Coles Myer has made it clear
    617 words
  • Article
    Lock icon Bush stays in hospital longer than expected
    190 1 AP PRESIDENT George Bush remained in hospital longer than expected yesterday, after suffering an irregular heartbeat while jogging. But he was reported to be relaxed and in "good condition." Mr Bush, who turns 67 next month, fell short of breath while jogging on
    AP  -  190 words
  • Article
    Lock icon Thais grant concession blocks to 17 oil firms
    352 1 UPI THAILAND has granted 33 concession blocks to 17 companies in a major boost to petroleum exploration, senior oil company executives said. Graydon Laughbaum, president of Unocal Thailand, said the concession awards were made last week after nearly a year of consideration
    UPI  -  352 words
  • Article
    Toshiba-GE tie-up picks S'pore as strategic base
    496 1  -  By Carolyn Lim SINGAPORE will be the strategic centre for the Toshi-ba-General Electric alliance in making and selling appliances like washing machines and refrigerators in the AsiaPacific region outside of Japan. This will make the Republic one of the two bases the other
    496 words
  • Article, Illustration
    Polly Peck arm to upgrade S'pore office
    401 1  -  By Claire Leow TURKEY'S Vestel group intends to expand its regional presence and upgrade its representative office here, set up last August, into an International Procurement Office, despite the financial problems currently being faced by its parent, Polly Peck International (PPI). The consumer
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      245 1 W^- m MJKIMOTO C ulturod IVjiln 4&p *< Since 1333 J I KAM TOOL I jtWLLLLRS i m gy /1 h.HOnlurd Ro.id MOI 07 I'lj/j Siit|;j|>iirj W ((aounj linhl Singi)}H)re (N2) l ei: 33b-1381 Aircraft Schedule 25 Money MarKet 23 r M iralices editorial The Arts 17 Re»onal Co News
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      Page 1 Advertisements Column 2
      9 1 No transfer of power to Quayle considered, Pg 11
      9 words
    • Advertisement
      Page 1 Advertisements Column 3
      147 1 Dulux THE BETTER PAINT j Revamp of Polly Peck to be announced soon, Pg 5 HOW TO STAY ONE STEP AHEAD In business, being punctual is always important, especially when a major proposal is being presented to the board, or an international contract is at stake. You can't afford to
      147 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Telecom services to Dhaka hit by cyclone
        47 2 SINGAPORE Telecom said over the weekend that telecommunications links with Dhaka, Bangladesh, have been affected by the cyclone which hit the city recently. Although service has been partially restored, customers will continue to experience difficulty in getting through to Dhaka.
        47 words
      • Article
        Currency auctioneer appointed
        33 2 TAISEI Stamps Coins has been appointed by the Board of Commissioners of Currency to undertake the auction by tender of the "ship" series $2 notes and plastic $50 currency notes.
        33 words
      • Article
        No cigarettes for under-18s
        64 2 HEALTH MINISTER Yeo Cheow Tong said over the weekend that the government had decided to ban the sale of cigarettes to those under 18 years old. New laws for this will be in place within a year. Cigarette sales from vending machines will also be banned.
        64 words
      • Article
        Security equipment exhibition
        48 2 SINGAPORE will be hosting the first international security equipment exhibition and conference, Security Asia '91. The four-day event, which starts on Wednesday, is organised by Conference Exhibition Management Services and International Milipol Committee. It has the endorsement of statutory board Commercial Industrial Security Corporation (Cisco).
        48 words
    • Article
      Dr M attar meets Japanese minister
      214 2 JAPAN'S Minister of State and director-general of the Japan Environment Agency (JEA), Kazuo Aichi, was in Singapore over the weekend at the official invitation of Dr Ahmad Mattar, Minister for the Environment. According to a statement from the Ministry of Environment, Mr Aichi was
      214 words
    • Article, Illustration
      S'pore architect lands $570m project
      676 2  -  Plan to develop Thai town of Ban Chang into thriving community By Elaine Koh ITS NOT every day that you find a Singapore architect getting a plum $570-million project overseas, but William Cheng, an architect-cum-de-veloper, has done just that. Mr Cheng, 55, is project consultant
      676 words
    • Article
      MAS hosts workshop on securities markets
      172 2 THE MONETARY Authority of Singapore is hosting an informal two-day workshop on the organisation and regulation of securities markets. The workshop, which starts today, is one in a series of six being organised by the Organisation for Economic Cooperation and Development (OECD) this year.
      172 words
    • Article
      Bucknall to build up presence in region
      369 2  -  By Corinne Kerk BUCKNALL AUSTIN pic, a listed UK-based quantity survey and project management consultant, has chosen Singapore as its hub for expansion in the region. The company, whose corporate name will be changed to Bucknall Group pic this week, acquired Contract Consultant
      369 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      143 2 An inspiring lifestyle begins with d-SCAN 188 Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of our Renowned for its simple, clean lines and
      143 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      SIA invites proposals for aircraft lease financing
      462 3  -  US$ 100 m needed to finance three new aircraft By Conrad Raj SINGAPORE AIRLINES is inviting financial institutions in the Republic to submit their proposals for lease financing of three aircraft that it has bought. Ttye aircraft an A3lO- Airbus and two Leaijets
      462 words
    • Article
      Lock icon Takeover panel asks Hijaz not to vote at Petaling Tin meeting
      357 3 NST MALAYSIA'S Panel on Takeovers and Mergers has direeted Hijaz Industries (M), a substantial shareholder of Petaling Tin, not to exercise its voting rights in respect of its shareholdings in the company at any general meeting. Petaling Tin chairman
      NST  -  357 words
    • Article
      Lock icon Shareholders of NSTP approve sale of shares
      361 3 Bernama THE NEW Straits Times Press (M)'s proposed sale of its 43 per cent stake in Sistem Televisyen Malaysia (STMB) was unanimously approved by NSTP shareholders at an extraordinary general meeting in Kuala Lumpur over the weekend. NSTP managing director Khalid Haji Ahmad
      Bernama  -  361 words
    • Article
      Markets in danger of sharp fall
      666 3  -  MARKET TALK By Diana Oon EQUITY MARKETS all over the world are in a dangerous and precarious position. The recent run up in global stock markets, many of which are near their highs, makes them vulnerable to sharp declines to levels near their previous
      666 words
    • Article
      Nomura in two more S-E Asian joint ventures
      338 3  -  By Quak Hiang Whai NOMURA Securities continues to expand into the Southeast Asian venture capital business with two new joint ventures lined up in Malaysia and Indonesia. Nomura/Jafco Investment (Asia) or NJI, the whollyowned venture capital arm of the Nomura group, is
      338 words
    • Article
      Lock icon Faber Group to invest in more tankers
      229 3 Bernama FABER GROUP, formerly known as Faber Merlin, will invest some M 52.7 million (Ssl.7 million) next month to purchase another IS product tankers, thus bringing its total number of tankers to 27, chairman Abdullah Mohd Yusof said over the weekend. Speaking to
      Bernama  -  229 words
    • COMPANY BRIEFS
      • Article
        CityDev denies cash call proposal
        62 3 CITY DEVELOPMENTS has denied press reports that it is considering any proposal for a bonus or rights issue, or a cash call. It said it has no immediate plan for any cash call, but added that it reviews its capital and funding requirements from time
        62 words
      • Article
        C&C not in Cold Store talks
        64 3 CYCLE CARRIAGE has denied that it is currently in the midst of any discussions with the Goodman Fielder Wattie Group (GFW) for the purchase of their stake in Cold Storage Holdings. But as part of its corporate strategy for expansion and diversification, C&C said,
        64 words
      • Article
        BAGI appoints general manager
        48 3 FIRST CAPITAL Corporation's subsidiary, British American General Insurance Company (BAGI), has appointed Mr Peter Lee Bong Soo as its new general manager and principal officer. Mr Lee will take up his position in June. He was previously Singapore manager for QBE Insurance (International) Ltd.
        48 words
      • Article
        Bolton's issue gets CIC nod
        60 3 BOLTON Properties has received the Capital Issues Committee's go-ahead for its bonus and rights issues, both on a one-for-four ratio. The CIC approval of the rights issue is, however, on condition that the proceeds be used for capital injection into Bolton Finance to part-finance the
        60 words
      • Article
        Closure of Time transfer books
        73 3 TIME Engineering said its transfer books and register of members and loan stockholders will be closed from June 1 to 8, 1991, both dates inclusive. The closure is to determine the share and loan stockholders' entitlement to the restricted offer for sale by Time of
        73 words
      • Article
        Issue price for Angkasa shares
        34 3 AMALGAMATED Steel Mills said the issue price for 50 Angkasa Marketing shares for every 1,000 ASM shares held on May 31, 1991 is at M 52.50 per Angkasa share.
        34 words
      • Article
        FACB proposes revamp scheme
        58 3 FIRST ALLIED Corp Bhd, indebted with bank borrowings and other liabilities, has proposed a restructuring scheme to turn around the group. The restructuring involves a composite scheme of arrangement, the proposed acquisition of Sri Semangat and a proposed rights issue of 51 million new FACB shares
        58 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      204 3 Wi 11 you call me 1 rom your hotel, darling? J ANA HOTEL SINGAPORE il.li. i■ t ..M1,., t I ..It K. U.r I ,X 1.1. v \IIM\ KSi'lM 1.-l DINE AT LOONG YUEN AND -H PICK UP SOMETHING EXTRA. ■■■■■■■I W .o V m. I r< "V V V
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Japanese to train Moscow hotel staff
        109 4 JAPANESE conglomerate Saison Group says its affiliate, In-ter-Continental Hotels Corp, last Monday signed a contract with the Soviet state-run tourism corporation, Intourist, to train staff members and provide advice in hotel management for the historic Hotel Metropol in Moscow, which is to reopen this
        109 words
      • Article
        Sogo-Pernas venture in KL
        123 4 THE JAPANESE department store Sogo Co is to sign a contract tomorrow with Malaysian government-run trading corporation Pemas to jointly develop a large department store and hotel complex in downtown Kuala Lumpur, a company spokesman said last week. The joint venture, Pernas Sogo Sdn Bhd, which
        123 words
      • Article
        Indon plantation firm to go public
        122 4 THE SURABAYA, East Java-based state plantation company PTP XXIV-XXV will sell 20 per cent of its common stock to the public through local stock markets to finance the expansion of its sugar factories. Ardi Soedarno, a spokesman for state-owned plantation firms in East Java,
        122 words
      • Article
        Trafindo to acquire Ometraco
        82 4 PT TRAFINDO Perkasa, a manufacturer and distributor of electric transformers, has agreed at its annual shareholders' meeting to acquire PT Ometraco Arya Samatha, a company involved in the production and distribution of electric machinery. After the shareholders' meeting, PT Trafindo's vicepresident, Muhammad Jusuf, said his company
        82 words
      • Article
        Plan for direct marketing
        88 4 FAR EAST Advertising Co, a subsidiary of the Sahapatanapibul Group, will go ahead with its plans to establish a direct marketing offshoot this year after a better-than-expected performance in the first quarter. The Nation has reported that the proposal was put on hold last December on
        88 words
    • Article
      Thai cap producer to boost output with two new plants
      518 4 Crown Seal expects sales to go up by 25pc CROWN SEAL Co, a major cap producer for soft drink and water bottles in Thailand, plans to increase its capacity by building two new plants in Rangsit to keep up with
      518 words
    • Article
      Thai retail firm to invest 2b baht in new stores
      373 4 THAI company Imperial Department Store plans to open three new branches in the next two years at a cost of 2,000 million baht (S$ 137.4 million), the Bangkok Post reported Thursday. The firm recently restructured its organisation to cope with
      373 words
    • Article
      Lock icon Hopewell to build giant power plant in China
      288 4 Reuter HOPEWELL Holdings Ltd has won an order to build China's largest capacity coalfired generating plant, a senior company official said. The plant, Shajiao 4 C' Power Station, with two 660megawatt generators, will be built at Dongguan County, southern Guangdong Province, some
      Reuter  -  288 words
    • Article
      Thais buy pulp and paper machinery from Finns
      237 4 FINNISH pulp and paper machinery manufacturer A Ahlstrom has sold 750 million baht (5551.5 million) worth of machinery and equipment during the first four months of the year. The Bangkok Post reported late last week that sales in the first four months
      237 words
    • Article, Illustration
      Indon rules on full disclosure still inadequate: analysts
      315 4 THE existing capital market regulations in Indonesia are still inadequate to ensure fair business and most of the regulations only benefit the public companies, say stock exchange analysts. The Jakarta Post on Thursday quoted Mr Kwik Kian Gie saying in a one-day
      315 words
    • Article, Illustration
      Lock icon HK exchange's share scheme raises concern
      472 4 FT A SENIOR official in the Hongkong stock exchange has been thwarted in his bid to reintroduce special share allocations to members of the exchange's ruling council. His attempt has renewed concerns about the credibility of the colony's financial markets. Mr Philip Wong, senior
      FT  -  472 words
    • Article
      Lock icon Japanese firms gearing up in battle for LCD control
      426 4 Asahi News Service JAPANESE electronics manufacturers are gearing up for a major battle over control of the crucial and possibly lucrative market of liquid crystal displays (LCDs). LCDs are used in a wide range of products, including personal computers and au-dio-video
      Asahi News Service  -  426 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      168 4 Two New Easy Ways To Roll Fix «MM» >»»■»-» IK muwi. Wilt. twnm mm¥m nmivUMar WMUO ft trtriam. kmcl ma nam. C° Calim m «»urt. Sm***. it m«ii mmn :ssrr«ssr--.™. M*. ■MMiMtlar. anNV* < <L" t 6 V«° *.aw iw»l«» WMan m ojoV V X Ma*t* «t» KP'll m 4
      168 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Reconstruction of Polly Peck to be announced soon
      386 5 Creditors to get report next week Reuter JOINT ADMINISTRATORS to Polly Peck International pic are finalising a draft plan of reconstruction for the conglomerate to enable creditors owed £1.3 billion to get the report next week. "The proposal documents are being finalised
      Reuter  -  386 words
    • Article
      Lock icon Analysts expect 15pc rise in SmithKline Beecham profits
      348 5 Reuter PHARMACEUTICALS group SmithKline Beecham pic will parade the benefits of its 1989 merger on May 9 and unveil a 15 per cent increase in first quarter pre-tax profits, analysts said. They said SmithKline, the product of a 1989 Anglo-US merger, will
      Reuter  -  348 words
    • Article, Illustration
      Lock icon Continental Airlines seeks US$3b in equity and cash
      428 5 Move needed to help it out of bankruptcy Financial Times CONTINENTAL Airlines, one of the five largest US carriers, is seeking more than US$3 billion (555.28 billion) in fresh equity and cash to restructure its debt-burdened balance-sheet and help it out of
      Financial Times  -  428 words
    • Article
      Lock icon Michelin to keep control in the family tradition
      278 5 FT SHAREHOLDERS of Michelin, the world's largest tyre company, have been asked to approve the 28-year-old son of Mr Francois Michelin, the current chairman, as his possible successor. Mr Michelin, 64, and his two fellow managing partners have put forward Mr Edouard
      FT  -  278 words
    • COMPANY BRIEFS
      • Article
        TWA faces problems despite route sale
        115 5 TRANS WORLD Airlines Inc will benefit from a longawaited agreement to sell London routes to American Airlines to the tune of US$445 million (Ss7B3 million) in cash but the airline still faces problems, analysts say. The sale of three routes, which American and TWA
        115 words
      • Article
        Viag completes purchase
        73 5 THE German Viag group has completed the purchase of the US packaging company Continental Can Europe (CCE), Viag sources said on Friday in a deal which has to be approved by the European Community. Viag did not give the value of the deal but did not reject
        73 words
      • Article
        Tate and Lyle profits to grow
        86 5 THE WORLD'S leading sugar and sweeteners group Tate and Lyle pic is set to shrug off the effects of recession on both sides of the Atlantic and a weaker US dollar to see half-year profits move modestly ahead. Six-month pre-tax profits to end-March due
        86 words
      • Article
        East German firms taken over
        59 5 LENTJES AG, a unit of Metallgesellschaft AG, said it took over three energy plant construction and environment technology companies in eastern Germany for an undisclosed sum. In a statement, Lentjes said the acquisitions of Dampferzeugerbau Berlin GmbH, Rohrleitungsbau Aschersleben GmbH und Stahlbau Plauen GmbH were
        59 words
      • Article
        Guinness resolves dispute
        70 5 GUINNESS pic said it has agreed to reduce the price of its 1987 sale of Martin Retail Group pic to Panfida Group pic. Guinness said it has agreed to cut the original net sale price by around £9 million (Ss27 million) to around £181 million as settlement
        70 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      172 5 "Nobody ever said that doing business in Jakarta would be a bed of roses." "But they will now." a it A businessman's wealth of the most highest high-tech fitness lot is seldom a rosy one. current news and complex, tennis courts Though the picture industry data. and jogging tracks, tired
      172 words
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  • FINANCIAL NEWS
    • SMALLCHANGE
      • Article
        OCBC in deal with Korea's oldest bank
        53 6 OCBC BANK is one of the three foreign financial institutions mandated to lead manage and arrange a three-year US$6O million transferable loan facility for Cho Hung Bank, Korea's oldest financial institution. The other two banks are Istituto Bancario San Paolo di Torino and
        53 words
      • Article
        Visa's Asia-Pac sales up 48.3pc
        51 6 VISA INTERNATIONAL'S card sales volume in the Asia-Pa-cific grew 48.3 per cent to US$2B.4 billion (about Ssso billion) in 1990. In the same year, Visa cards issued reached 39.2 million, an increase of 35 per cent and the highest growth rate among the group's five
        51 words
      • Article
        No separate trial for Benedetti
        67 6 ITALIAN FINANCIER Carlo De Benedetti, who is charged with fraudulent bankruptcy in connection with the 1982 collapse of Banco Ambrosiano, lost a bid last Friday for a separate trial in the case. A Milan court ruled that his case would be merged with the main
        67 words
      • Article
        US faces more bank failures
        66 6 FEDERAL RESERVE GOVERNOR John La Ware said 1991 was going to be a tough year for US banks. "There will be bank failures again this year," he said. "Some, like the Bank of New England, may be fairly large." But in remarks to a banking
        66 words
    • Article, Illustration
      Lock icon No hiding-place in Switzerland for ill-gotten gains anymore
      410 6 AFP THE DECISION by Swiss banking authorities to bar the use of anonymous bank accounts means that the world's villains, ranging from drug barons to third-world dictators, will have nowhere to hide their ill-gotten gains. Over the years, leaders such as Ferdinand
      AFP  -  410 words
    • Article
      Lock icon HK banks' move to keep rates steady disappoints
      219 6 AFP THE HONGKONG Association of Banks dashed the hopes of the colony's stock and property dealers last Friday when it decided against cutting interest rates at its regular weekly meeting. The announcement disappointed many on the local stock market who had hoped
      AFP  -  219 words
    • Article
      Lock icon Sale of largest Mexican bank seen as test case
      315 6 UPI MEXICO put its largest bank up for sale as a test case for dealing with the US$4.5 billion (about 557.9 billion) interbank debt owed by its seven largest banks, an economist said last Friday. "The government chose Banamex in order
      UPI  -  315 words
    • Article
      Some foreign banks may pull out of Australia
      359 6  -  From Geoffrey Harris in MELBOURNE MANY of the foreign banks operating in Australia are unlikely to continue very far into the *****, according to one of the country's leading financial commentators. "The only ones that you could confidently say are here for
      359 words
    • Article
      Lock icon C S First Boston poised for better year
      286 6 Reuter CS FIRST BOSTON Inc, the Swiss-owned New Yorkbased investment bank whose tide of red ink battered its parent's earnings last year, is poised for a better 1991 after completing a financial restructuring. Industry analysts say the company, which lost US$5B7 million
      Reuter  -  286 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      277 6 BANK RAKYAT INDONESIA Singapore... Here We Come Now we are in Singapore to facilitate your business BANK RAKYAT INDONESIA Singapore Representative Office 6 Battery Road #09-08 jflpV Singapore 0104 Tel: (65)*****07, Fax: (65)*****37 Telex: RS ***** BRISIN Chief Representative: Suharsono Representative: Wibowo Imjm fWO 9 (7TI BANK RAKYAT INDONESIA I
      277 words
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      Page 6 Advertisements Column 2
      346 6 Could trading futures be your But for the right person, it's an exfuture? Find out at the Business hilarating career, a chance to decide your Opportunities in SIMEX Seminar on own future. 25 May 1991. Do you have what it takes to make it Winners in the market are entrepre-
      346 words
  • Page 6 Miscellaneous
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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  • THE REGION
    • NOTE BOOK
      • Article
        Petronas plans gas, oil deal with S Koreans
        88 8 MALAYSIA'S government-owned National Petroleum Corporation (Petronas) is planning to sign 20 year contracts this month with three South Korean firms on the sale of Liquefied Petroleum Gas (LPG) and oil, Minister in the Prime Minister's Department Syed Hamid Albar said on Friday.
        88 words
      • Article
        Phnom Penh's air travel windfall
        104 8 THE PHNOM PENH government made about US$l3 million (Ss23 million) from air transportation in the first three months of the year, the official news agency SPK said on Friday. The Cambodian Civil Aviation Directorate said that it earned this amount in the first quarter from
        104 words
      • Article
        Ho Chi Minh's trade deficit
        81 8 THE TRADE DEFICIT for Ho Chi Minh City, Vietnam's economic capital, worsened during the first three months of this year, the Vietnam News Agency (VNA) said on Friday. Imports rose by 27 per cent against the same period in 1990 to reach US$5B million, while
        81 words
      • Article
        Indon trade team to visit S Korea
        73 8 INDONESIAN Trade Minister Arifin Siregar will visit South Korea from May 12 to promote more Korean investment in the country, the Antara news agency said yesterday. Mr Arifin will lead a delegation of businessmen from the Indonesian Chamber of Commerce and Industry (Kadin).
        73 words
    • Article
      Lock icon Viet constitutional reforms to go before Parliament
      399 8 AFP VIETNAM'S constitutional reforms, allowing for greater separation of party and state, will go before the National Assembly in July, an official source said. "It is envisaged that the draft of the amended constitution will be presented at the next session of the
      AFP  -  399 words
    • Article
      Philippines urged to set up commercial bank in Hanoi
      303 8  -  From AL O Labita Jr in MANILA VIETNAM has asked the Philippines to establish a commercial bank in Hanoi to accelerate their bilateral trade. The proposal was relayed during a recent trip to Hanoi of ranking Aquino government officials led by
      303 words
    • Article
      Lock icon Phnom Penh offers rewards to curb black market
      198 8 AFP PHNOM PENH is offering rewards to people who turn in profiteers in Cambodia's thriving black market in foreign currency, precious metals and gemstones, the official radio station said on Saturday. An undated circular issued by the Vietnamesebacked regime's Council of Ministers
      AFP  -  198 words
    • Article
      Lock icon VW and Hyundai first to import cars to Thailand
      254 8 AFP GERMANY'S Volkswagen and South Korea's Hyundai are to be the first automakers to take advantage of the lifting of a 10-year-old ban on the sale of imported cars in Thailand, reports in Bangkok on Saturday said. An official of the
      AFP  -  254 words
    • Article
      Lock icon Taiwan businessmen hoping for trade boom with China
      261 8 Reuter TAIWAN'S businessmen arc hoping for a major expansion of trade and investment ties with China as political tensions between the two sides ease. Taipei took an important step toward reconciliation with Beijing last week by rescinding the Period of Communist Rebellion,
      Reuter  -  261 words
    • Article, Illustration
      Lock icon Bangkok to focus on tax reform, infrastructure
      247 8 Reuter THE NEW Thai government will focus on tax reform and infrastructure development, said Deputy Finance Minister Virabongsa Ramangura. "In the next five years, we will need about one trillion baht (US$4O billion) for development of our basic infrastructure," Mr Ramangura said. "The
      Reuter  -  247 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      306 8 B Ihpptl Corporation Umifd (Incorporated in the Republic of Singapore) TO: ALL BONDHOLDERS (1) U5550,000,000 6-3/4% CONVERTIBLE BONDS DUE 1992 (2) U5575,000,000 4% CONVERTIBLE BONDS DUE 1997 (3) U5575,000,000 2-3/4% CONVERTIBLE BONDS DUE 1997 SUSPENSION OF BOND CONVERSION NOTICE IS HEREBY GIVEN that the above Bonds will not be convertible
      306 words
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      Page 8 Advertisements Column 2
      156 8 BANKING, FINANCE INSURANCE 1991 A Business Times Special Supplement The theme for this year's supplement is "Focus: Asia", reflecting the growing economic and financial muscle of Asia as well as its importance as one of the world's fastest growing markets. Target date for publication is May 30. Among the topics
      156 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      357 9 r Mb jj ~*****' S With NCR System 3000, Adding Processing Power Is No Longer A Big Step. The NCR System 3000 Family of Scalable Processors. In fact, this system will be among the first to use Intel's new The NCR System 3000 lets you add processing power in cost-
      357 words
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      56 10 Swire Group PACIFIC# j NON-STOP fe[ r Now you can fly non-stop any to the May ultra the only from Hong P° re Hong Kong connections I board one our Rolls Royce powered J IV i 747-400s any day V |m |H i gracious service by cabin attendants from «h
      56 words
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  • THE WORLD
    • Article
      Lock icon US economy sending mixed signals
      521 11 Reuter LATEST figures give grounds for both optimism and pessimism on the state of the US economy, but fail to give a clear sign of when the recession will end. The Bush administration allowed itself to crow a little last week over some encouraging figures
      Reuter  -  521 words
    • Article, Illustration
      Lock icon No transfer of power to Quayle considered
      368 11 Reuter AMERICAN Vice-President Dan Quayle, who would assume the presidency in the event that President George Bush could not perform his duties, was immediately informed of Mr Bush's being taken to hospital on Saturday but no transfer of power was considered, a spokesman
      Reuter  -  368 words
    • Article
      Lock icon German union accept 6.7pc pay rise
      219 11 Reuter THE POWERFUL engineering union IG Metall yesterday agreed to a 6.7 per cent pay rise for 700,000 workers in southern Germany which it described as a benchmark for more than three million other members in western Germany. Employers said the rise exceeded their
      Reuter  -  219 words
    • Article
      Lock icon Big clean-up for E German site
      286 11 FT A PIONEERING agreement was announced in Germany on Friday between the government, industi7 and the Treuhand Privatisation Agency to clean up and modernise one of the largest and most polluted industrial areas in East Germany. The operation, which could eventually cost at least
      FT  -  286 words
    • Article, Illustration
      Lock icon Gorbachev deal a victory for republics: Yeltsin
      442 11 Reuter RUSSIAN leader Boris Yeltsin has presented an unexpected accord with President Mikhail Gorbachev last month as a victory for the 15 Soviet Republics over the Kremlin. In an unscheduled television interview on Saturday evening, he said Mr Gorbachev had made concessions and
      Reuter  -  442 words
    • Article
      Lock icon Walt Disney replaces USX in Dow index from today
      483 11 Reuter MOVE OVER Man of Steel, here comes Mickey Mouse. The Walt Disney Co joins Wall Street's premiere index today, replacing USX Corp, the company founded by steel king Andrew Carnegie, in another sign of America's conversion from a manufacturing to
      Reuter  -  483 words
    • WORLD WATCH
      • Article
        Germans call for a more open North Korea
        83 11 GERMAN LAWMAKERS returning from a world congress in Pyongyang vilified North Korean leader Kim II Sung last Saturday as a modern-day Hitler or Stalin and called for global pressure demanding the liberalisation of Mr Kim's "bloody dictatorship". Lawmakers from Germany's leading parties,
        83 words
      • Article
        Bush hits out at 'great society'
        73 11 US PRESIDENT George Bush criticised the "great society" last Saturday on the very platform where President Lyndon Johnson proposed the massive social programmes three decades ago. In a commencement address at the University of Michigan, where he received an honorary doctor of laws degree,
        73 words
      • Article
        Mandela may become minister
        100 11 LATCHING ONTO President Frederik de Klerk's mooting of a transitional Cabinet, the press in Johannesburg yesterday speculated that African National Congress leader Nelson Mandela could become a minister. The Sunday Times said Mr De Klerk, who last Thursday told Parliament the idea of such a Cabinet
        100 words
      • Article
        Argentine recovery plan working
        115 11 THE ARGENTINE government, grappling with the worst economic crisis in its history, is feeling the first signs of relief from a month-old recovery plan that has stabilised prices and eased credit, but international financial support remains elusive. Finance Minister Domingo Cavallo said in Buenos Aires last
        115 words
      • Article
        Taiwan's trade surplus down
        87 11 TAIWAN'S trade surplus, affected by slowing exports, fell sharply in April, the Bureau of Statistics said last Saturday. The surplus totalled only US$27O (Ss4B6 million) million in April, compared with US$65O million in March and US$79O million a year earlier, according to official figures. "This is
        87 words
    • Article
      Lock icon Soviet Jews postpone move to Israel
      662 11 Lack of jobs for migrants discouraging others NYT THE ISRAELI government is openly acknowledging for the first time that tens of thousands of Soviet Jews are postponing or cancelling their moves to Israel because of the country's inability to provide jobs for those already
      NYT  -  662 words
  • Page 11 Advertisements
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      78 11 viimiif EXCLUSIVE BUSINESSMAN PACKAGE,; cSS™ Presen,afon by Vie,nam Limited Seats Only! Direct Return Flight on Business Class Special Departures: Deluxe Accommodation at the Saigon Floating Hotel 20th 27th June '91 Meals as specified Sightseeing VISA Processing fee Officially Appointed By: Call in for more details: Song Be Tourist and Vietnam
      78 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Cool Kohl takes the rough patch in his stride
      767 12  -  Bonn's master political survivor regards recent setbacks as minor irritations, and is playing to win the next general election in 1994. Tom Heneghan reports Tom Heneghan Reuter BATTERED BY electoral losses and party in-fighting after its unification triumph, the German government
      Reuter  -  767 words
    • Article, Illustration
      Low on disclosure, high on gloss
      1595 12  -  Noticed how snazzy company annual reports in Singapore are becoming? Loretta McLaughlan discovers that brighter doesn't necessarily mean better Loretta McLaughlan STAND BY for the avalanche. This is the start of that time of year when thick and increasingly glossy tomes start landing on
      1,595 words
    • Article, Illustration
      Lock icon 'Tis the season to be nasty
      719 12  -  Mary Billard finds out how top brass in America deal with that meeting Mary Billard NYT IN SPRING, as flowers bloom and days lengthen, many a chief executive's thoughts turn to annual meetings. "We really welcome the opportunity to meet with shareholders and answer
      NYT  -  719 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      113 12 DOONESBURY BY GARRY TRUDEAU MR PRESIDENT, I SHOULD IMRN BUTTTCY DIDNT! WHAT THEY THEY DIDN'T PREDICT SADDAM YOU'RE RI6HT, TPS NOTA YOU, UE'RE GOING TO BE HEAR- PREDICTED WAS AN OUTPOURING STILL IN POWER, A BiOODY SIR.THEY TOO?-YOU-IN6 FROM YOUR FORMER MAR OF ARAB ANGER AGAINST THE REVOLUTION, TUJO MILLION
      113 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Taking the franchise route to growth
      1191 13  -  Lim Soon Neo looks at how a company can expand both locally and regionally Lim Soon Neo EIGHT years ago, when Mohamed Salleh of Second Chance Enterprises had problems motivating his staff to work harder, he thought there must be a way out. He
      1,191 words
    • Article
      MEMOPAD
      421 14 Seminars and courses Duration Tide Venue Organiser Tel May 6 Crucial Issues Marco Polo Dominion *****25 Strategies In Singapore Conferences Credit Management Publications Debt Collection Pte Ltd May 6 7 Office Layout Management Singapore *****66 Design Planning Hse Institute of for Office Management Personnel May 6-8 Advanced Management Singapore
      421 words
    • Article, Illustration
      Lock icon Quality begins at top management level
      1348 14  -  By Chuang Peck Ming PHILIP Crosby Associates, Inc, is one of the world's biggest consulting firms specialising in quality management. Its founder, an American named Philip Crosby, is well known as a "prime mover" in the quality revolution. Recently, Crosby's chairman and chief executive
      Picture by Arthur Lee  -  1,348 words
    • Article
      Lock icon Fitting the bonus to industry performance
      560 14 More companies adopting comparative pay plans NYT LIKE most companies, IBM Corp used to pay bonuses only when its business units hit some predesignated growth goal. How competitors were doing didn't matter at all. That's not true anymore. Last year, IBM built into the
      NYT  -  560 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      34 13 Riding jacket and straight skirt in yellow linen and silk. mi jjtt I Available exclusively at: 01-02 A Liat Towers, Orchard Road, Tel: 734 1353 Level I, Singapore Daimaru, Tel: 339 1111 txt. 291
      34 words
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  • Page 14 Advertisements
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      61 14 Management Consultancy SI/ I I I T r 1/ Seminars And Training Hill I Business Assistance It I L L I L l\ Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing The spirit of discovery is today kept alive by AEROFLOT. Discover the world with us. Aeroflot takes you to
      61 words
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  • SPORTS
    • Article, Illustration
      Lock icon Borg seen as doubtful entry at Italian Open
      461 15 AP BJORN BORG, whose comeback bid was set back at the start by professional and personal problems, has been listed as a doubtful entry in the Italian Open. The men's event in the Italian clay court tournament begins on May 13 and
      AP  -  461 words
    • Article
      Lock icon LPGA Lopez retains lead at Sara Lee Classic
      290 15 Reuter HALL OF FAMER Nancy Lopez shot a two-under-par 70 on Saturday to maintain the lead after two rounds of the U*****,000 Sara Lee Classic golf tournament. Lopez, who led by two strokes after the opening round, held a one-stroke lead over
      Reuter  -  290 words
    • Article, Illustration
      Lock icon Player weathers storm to take one-stroke lead
      388 15 AP AFTER weathering a firstround storm, Gary Player took advantage of immaculate weather on Saturday for a second-round 68 and a onestroke lead in the U*****,000 Las Vegas Senior Classic. Player followed his open-ing-round 69 with four birdies and an eagle to lead
      AP  -  388 words
    • Article
      Lock icon Agassi downs Chang in straight sets
      223 15 AP TOP SEED Andre Agassi overpowered fifth seed Michael Chang 6-4, 6-2 in the rain-delayed and venueswitched semifinals of the US$2BO,OOO AT&T Challenge. The two were midway through the opening game of the second set on Saturday when rain stopped play at the Horseshoe
      AP  -  223 words
    • SIDE LINES
      • Article
        McNulty and Feherty share lead at Cannes
        80 15 DEFENDING champion Mark McNulty shot a 2-under-par 70 and Northern Ireland's David Feherty had a 3-under 69 on Saturday to share the third-round lead at the U*****,000 Cannes Open in France. McNulty, of Zimbabwe, started the day with a one-shot lead over Feherty,
        80 words
      • Article
        France ahead in Davis Cup
        91 15 FRANCE took a 2-1 lead over Australia in their Davis Cup quarterfinal on Saturday when Guy Forget and Henri Leconte rallied from behind twice to beat Todd Woodbridge and Mark Kratzmann. The scores were 6-7 (2-7), 7-5, 5-7, 7-6 (7-2), 6-4 in a match that
        91 words
      • Article
        Stormy win at America's Cup
        95 15 PAUL CAYARD and 11 Moro di Venezia 111 survived a battle of attrition on Saturday in strong Pacific Ocean winds, winning the first race in the International America's Cup Class World Championships. Winds up to 20 knots caused damage to several of the powerful yet
        95 words
      • Article
        White, Parrott in snooker final
        101 15 JIMMY WHITE and John Parrott on Saturday eased into the final of the world snooker championship, ensuring a new name on the trophy. World number four White, making his 11th attempt to win an elusive first world title, reached his third final with a 16-9
        101 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      439 15 Dream of a golf-pro comes true... THE WORLD'S ORIGINAL AND ONLY FORGED FACE' METAL WOODS GOLFGEAR 2nd generation patented Forged Face* Metal Woods make all other metal woods obsolete. In a first from GOLFGEAR, "Tungsten Plasma Penetration" used to harden jet engine blades, makes the Forged Face* harder than conventional
      439 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      201 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A Sumptuous Sichuan cuisinc. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30 p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. It A MKMBKR Cl)l. IIOTKUS IN HI I.•SINIiAFf JKf I avelock Road,
      201 words
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      Page 16 Advertisements Column 2
      265 16 im DIAN XIN TEMPTATIONS Continuing ttie parade of culinary gems incxxrparabte Ruyi offers a fine selection of Dtan Xin. From our creative A la Carte menu, treat yourself to all the Dian Xin you can enjoy for $16.80+ per person Open daily from 11:30 am 2:3opm for lunch and 6:3opm
      265 words
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      Page 16 Advertisements Column 3
      215 16 More fun, more action than ever! The newly-renovated Subway is now bigger, better and drinks cheaper Get into the heat of the night with our band. Hard Attack at Subway! Happy Hours: Free pint for every quart bottle Weekends $15 nett lladiesl. Pi A7A HnTFI $i 9 n€tt ,men| ,or
      215 words
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      Page 16 Advertisements Column 4
      258 16 I VIVA ESPANA I \l| The Belvedere brings you the savoury taste of sunny Spain. With over 60 traditional |*|PjS favourites, you'll say "Ole" to the most extravagant buffet in town! B? I We serve the world to you at The Belvedere. H I k ike tniu im of mttrtn
      258 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      665 16 TELEVISION AND RADIO The Greenhouse Effect 8 -S-STT A llv VJ 1 V vllllv/ tIkJV Ullvvl 7.00 AM CNN International (L). 8.15 Hiburan Minggu Ini (M, Sheriffs (Cartoon). BBC, 89.9 mHz in VHF Band II 8.30 Close. Stereo). $.00 Regional News (M). 5.30pm, 3.25 am: Financial News 6.30 PM CNN
      665 words
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  • THE ARTS
    • Article, Illustration
      Lock icon Out of tune in eastern Germany
      843 17  -  Unification has devastated musical life in eastern Germany, reports Andrew Clark Andrew Clark FT A 56-YEAR-OLD violinist in east Berlin's main concert orchestra committed suicide after being notified that he and his colleagues faced redundancy in June. Three of east Germany's regional orchestras and
      FT  -  843 words
    • Article
      A delightful performance
      399 17  -  Magdalene Phang reviews last week's concert by American choral ensemble Chanticleer Magdalene Phang PATRONS at Khameleon, Marina Village, swayed to a different tempo when American choral ensemble Chanticleer gave a one-night performance there last Tuesday. The group, billed as "an orchestra of voices", presented a near faultless
      399 words
    • Article
      Lock icon A Japanese Othello goes to Taiwan
      607 17  -  Director Shuji Ishizawa has transposed the action of Shakespeare's tragedy from the Mediterranean to East Asia. Kaori Enjoji has the details Kaori Enjoji Reuter OTHELLO as a Japanese official sent to 19th-century Taiwan? With language and costumes a world apart from the original, Japanese
      Reuter  -  607 words
    • Article, Illustration
      Lock icon Silver maintains its lustre for collectors
      593 17  -  Silver is holding its own even in penny-pinching times, reports Rita Reif Rita Reif NYT IS ANTIQUE silver re-cession-proof? "Nothing is recessionproof," said Michael Koopman, a London dealer, following last month's highly successful silver sales at Christie's and Sotheby's in New York City. "But
      NYT  -  593 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      269 17 AND ENTEBTAIN Who Says You Cant Mix Business With Pleasure? (?>nll MONDAY TO FRIDAY 12 NOON TO -\y. 2.30PM. $31.00 X? PER 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
      269 words
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      Page 17 Advertisements Column 2
      111 17 Its (i sign <>l quality. Vhen you re looking for quality, look for the Rosette because only those restaurants who meet the highest stanJarJs of beef cuisine receive it. i vol WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS j JACKS PLACE STEAK HOTSES (Tel: 733 ***** THE COMPASS ROSE
      111 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Consolidation expected before next run-up
      5284 18  -  By Diana Oon THE MARKET is due for a consolidation before rising to greater heights, concluded analysts at the end of last week. Stocks on the local bourse seemed ready to take a breather after a more or less continuous run-up since the middle of
      5,284 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4187 19 Main Board SIA Foreign 1840 30 +1.7% Roch Inds 50» 590 +25 +4.4% NatSteel Wt 336 +24 +7.7% DBS Foreign 1270 +20 +1.6% Asia Pacific 1130 +20 +1.8% NatSteel 1020 +20 +2.0% SPH 890 +20 +2.3% UOB Foreign 695 +20 +3.0% C Properties 640 20
    4,187 words
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  • MARKET REVIEWS
    • Article
      Lock icon Undercurrent of concern belies market enthusiasm
      758 20 Unease over economy's performance FT NEW YORK THE good news last week was an unexpected cut in US interest rates. The not-so-good news was the economic background which prompted the move. On Tuesday, the Federal Reserve took Wall Street by surprise and cut the
      FT  -  758 words
    • Article
      Lock icon US rate cut helps Nikkei close higher
      250 20 AFP SHARE PRICES on the Tokyo Stock Exchange (TSE) posted a sizeable gain during the holiday-shortened week as investors were encouraged by Tuesday's US interest rate cut. The Nikkei Stock Average closed out the week at 26,477.86 yen on Thursday, gaining 354.18 yen,
      AFP  -  250 words
    • Article
      Shares in stores sector rally
      867 20  -  Court ruling paves the way for Sunday shopping for all LONDON By Ray Heath IMAGINE Sunday in Singapore with all the main shopping centres closed. Aaaaaghya, so boring lah. Not to mention bad for profits. But such has been the situation in England since the
      867 words
    • Article
      Lock icon Cheung Kong surprises market with covered warrants
      579 20 Sun Hung Kai Research HOHCKONG THE Cheung Kong camp surprised the market last week with the announcement of a new set of Cheung Kong and Hutchison covered warrants. Despite the excellent investment opportunities created, the perception of the timing and intention of these
      Sun Hung Kai Research  -  579 words
    • Article
      Lock icon ASIAN MARKETS ROUNDUP
      931 20 AFP SYDNEY AN ABSENCE of overseas buying pushed down Australian stocks last week. The market indicator, the All Ordinaries Index, eased 19.4 points to 1,518.4. The All Industrials Index slipped 29.3 points to 2,365.3 while the All Resources dipped 11.9 points to 872.3. Turnover averaged A 5223
      AFP  -  931 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      84 20 Global leadership survey results Video marketing The portable office (J SB BE <L Vietnam: f. What's in store f Sft (rW IMKmRK John Urn. jfcgSStoj Chief Operating Officer, «.pP% (old Storage Holdings hbt mf 4 Spotlight on Transmarco Ltd, C K Tang Ltd Available at your local newsstands and at
      84 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares finish lower in lethargic trading
      4321 21 MBT SHARE PRICES on the Kuala Lumpur stock market declined in a holiday-short-ened week as renewed support on Thursday and Friday failed to absorb early losses. Dealers said there was no bad news in the market to unsettle investors and thanks to this, many
      MBT  -  4,321 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      397 21 BUSINESS TIMES TELEPHONE: 7 3 0-5 77 1/5772/5773 FAX: 734-49 82 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, MikioMoriof No 56 Fiber Heights Singapore 0512 have applied for a Public House, First Class licence in respect of premises at Mh Kurama Japanese Restaurant Pte Ltd at 300 Orchard
      397 words
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      Page 21 Advertisements Column 2
      279 21 P PARKWAY HOLDINGS LTD 5530,000,000 Guaranteed Floating Rate Notes Due 1993 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period 6 May 1991 to 6 August 1991, the Notes will carry a rate of interest 0f6.1875 per cent, per annum with a
      279 words
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      Page 21 Advertisements Column 3
      85 21 COLONIAL INSURANCE 1 MANAGEMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (2) of the Companies Act. Cap 50 that the Final Meeting o» Members of the above-named Company will be held at the Offices of Robert Tan Co 1 Colombo Court #04 06.
      85 words
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      Page 21 Advertisements Column 4
      290 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 INTERIOR STUDIO PTE. LTD. (In Voluntary Liquidation) (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN in pursuance of Section 308(1) of the Companies Act, Cap. 50 that a final general meeting of the abovenamed company will be held at the office
      290 words
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  • Dow virtually unchanged after rocky ride
    • Article, Illustration
      NEW YORK
      1402 22 AFTER three good days, Wall Street had a tough time on Friday deciding what to do; conflicting road signs kept investors guessing. So, after a choppy day that toppled the Dow Jones Industrial Average 14 points, lifted it 12, brought it down again 14 and lifted it again
      1,402 words
    • Article, Illustration
      LONDON
      706 22 LONDON share prices finished lower on Friday after moving within a narrow range during the session. Dealers said few investors wanted to establish new positions ahead of the three-day holiday weekend in Britain. Today is a bank holiday. The Financial Times-Stock Exchange 100-Share Index fell 8 points, or 0.3
      706 words
    • Article
      AMSTERDAM
      252 22 DUTCH shares closed above the day's lows on Friday, but trading barely stirred from a typical Friday lethargy as the market's three month firm run starts to look vulnerable, dealers said. The CBS General Tendency Index closed at 95.4, 0.8 down on the day, after setting a midday low
      252 words
    • Article
      Untitled
      126 22 Brussels May 3 Francs FORWARD MARKET Acec 2530 65 Arbed 4250 unch Astur 1104 2 Brascan 578 4 Canpac 634 613 Cock 164 2 Dc Beers 820 20 Ebcs 1334 Gb-lnno-Bm 1340 4 Gevacrt 7280 220 Gr Bru Lamb 3735 40 Hobok Petro ***** f 75 Ryl Dutch 2935 10
      126 words
    • Article
      FRANKFURT
      245 22 HOPES that German interest rates may at last have peaked pushed German bank shares higher on Friday but the market rally that some dealers had predicted early in the session failed to materialise. Bank stocks ended firmer but the 30-share DAX Index crept just 1.80 points higher to close
      245 words
    • Article
      JOHANNESBURG
      393 22 IN JOHANNESBURG, gold share prices posted some modest gains on Friday, buoyed by steady world bullion prices, but the rest of the market was virtually unmoved in subdued and directionless trading ahead of the weekend. Volumes were light, dealers said, and described interest as minimal as South Africa's uncertain
      393 words
    • Article
      MILAN
      205 22 ITALIAN shares closed higher on Friday, but oflf their peaks, with short-cov-ering and hopes of an unchanged 1990 dividend boosting Fiat ordinary shares by 2.4 per cent. Brokers said the market opened marginally firmer, surged towards the midsession, but retreated towards the close, as a wave of profit-taking knocked
      205 words
    • Article
      ZURICH
      286 22 SWISS share prices closed slightly lower in thin volume on Friday as a lack of direction in the market kept some traders on the sidelines. "Profit-taking after (Thursday's) advances erased early slim gains," one dealer commented. The all-share SPI Index slipped 3.6 points or 0.33 per cent to 1,082.4,
      286 words
    • Article
      PARIS
      259 22 FRENCH share prices ended nearly half a per cent higher on Friday after a surge during the afternoon, and the CAC-40 Index of leading shares closed at its highest for a month. The index finished 8.08 points or 0.44 per cent up at 1,832.31, just below its high for
      259 words
    • Article
      TORONTO
      221 22 TORONTO stocks closed lower on Friday after fluctuating within a narrow range all afternoon in very slow business as traders wrapped up most of their activity earlier in the day, traders said. The market sold off after US jobless figures were lower than expected. The Composite Index ended down
      221 words
    • Article
      STOCKHOLM
      147 22 THE STOCKHOLM bourse closed slightly lower on Friday in slack trade with many investors still absent after the May Day holiday. The bourse General Index slid 0.11 per cent to 1,039.97 in low turnover of 218 million crowns. Blue chips fell 0.37 per cent. Electrolux shares gained four crowns
      147 words
    • Article
      INDICES & TURNOVER
      88 22 INDICES TURNOVER May 3 Close Previous NEW YORK Dow Jones 2.938.86 2.938.61 +0.25 NYSE Financial 152.40 153 44 -1 04 S&P 500 380.80 380.52 +0.28 Turnover (million) 158.2 187.1 -28.9 LONDON Financial Times 30 1.973.9 1,982.6 -7.1 FTSE 100 2,522.7 2.530.7 -8.0 Turnover (million) 452.7 516.6 -63.9 AMSTERDAM CBS Tendency
      88 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      41 22 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao. Berita Harian. Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839. 740-1840. Read Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      41 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ soars in nervous trading
      450 23 NEW YORK THE AMERICAN DOLLAR soared higher in panicky, illiquid trading last Friday, as US April employment data came in better than expected, making nervous traders scurry to cover their short-dollar positions. "The employment figures, particularly the unemployment rate, caught the market completely off guard,"
      450 words
    • Article
      Lock icon Asian currencies up against greenback
      732 23 ASIAN CURRENCIES AFP MOST Asian currencies appreciated against the US dollar last week, following interest rate cuts in the US. The Japanese yen, the Malaysian ringgit, the South Korean won, the Thai baht, the Philippine peso and the Australian, New Zealand, Singapore and Taiwanese dollars
      AFP  -  732 words
    • Article
      INTERBANK FOREX RATES
      392 23 Cross rates May 4 USS SS MS Dm Yen SFr AS NZS USS 1.7798 2.7600 1.7505 138.88 0.5905 1.4765 1.2870 1.7094 SS 0.5619 1.5507 0.9835 0.7803 0.3318 0.8296 0.7231 0.9604 MS 0.3623 64.49 0.6342 0.5032 0.2139 0.5350 0.4663 0.6193 Dm 0.5713 1.0167 1.5767 79.34 0.3373 0.8435 0.7352
      392 words
    • Article
      MONEY MARKET
      549 23 Interbank rates s$_ Bid Offer Overnight 5 5 1/4 1-month 4 7/8 5 2-month 4 15/16 5 1/16 3-month 4 15/16 5 1/16 Overnight mode: 4-13/16 l S$ High l<ow 7 days 6 1/16 5 7/8 1 month 6 1/16 5 7/8 2 months 6 1/16 5 7/8
      549 words
    • Article, Illustration
      Lock icon D-mark expected to remain stable over long term
      416 23 Reuter BUNDESBANK board member Hans Tietmeyer, repeating that German monetary policy had to stay tight, said the mark would remain stable over the longer term. According to the text of a speech prepared for delivery at a conference in Berlin, Mr Tietmeyer
      Reuter  -  416 words
    • Article
      Lock icon Commodity swaps market poised for US growth
      236 23 Reuter AMERICAN BANKS in the commodity swap business expect fast growth in the domestic market if Congress passes a bill that will lift the legal cloud hanging over it. The Senate passed a bill in mid-April with provisions that would clear up legal
      Reuter  -  236 words
    • Article
      Lock icon Pointers for short-term trading strategies
      510 23 GOLD FINANCIAL FUTURES REPORT Sing Bullion and Futures Pte Ltd AN ANALYSIS of price action in last week's spot gold trade revealed some relevant points which could help players formulate their new shortterm trading strategies. Firstly, last Monday's low of U*****.80/351.30 was the lowest price
      Sing Bullion and Futures Pte Ltd  -  510 words
    • Article
      FINANCIAL FUTURES
      286 23 IMM May 3 DEUTSCHEMARK Open High Low Sett Vol Op/lnt Jun 91 0.5818 0.5823 0.5680 0.5692 44,051 77.271 Sep 91 0.5769 0.5774 0.5637 0.5649 EURODOLLAR Open High Low Sett Vol Op/lnt Jun 91 93.93 93.94 93.86 93.90 148.121 829,390 Sep 91 93.75 93.77 93.64 93.68 JAPANESE YEW Open
      286 words
    • Article
      PRIME LENDING RATES
      474 23 BANKS Industrial Bank (Japan) 8 ABN Bank 8 (S) 7 Allied Irish Bank PLC 8 «v r n o San Paolo Di Torino 8V4 8 Kansallis-Osakc-Pankki 8 Am Dam R terdam Bank 8 Keppel Bank (S) 1Vt Jp? r Exchange 8 aV7 n a "t s Kuwait
      474 words
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  • COMMODITIES
    • Article
      Lock icon Commodity houses feel the squeeze of tight loans policy
      460 24 Reuter TIGHTER bank curbs in the UK on lending to commodity trading houses could still force more firms into bankruptcy, but bankers and traders feel the worst of the shake-out may be over. "Banks have turned tougher and we could see
      Reuter  -  460 words
    • Article
      Lock icon London brokers double estimate of surplus sugar
      211 24 AFP LONDON BROKERS ED F Man has raised their estimate of excess world sugar production in 1990-91 to 4.6 million tonnes from 1.9 million tonnes forecast in January. They said that it was the biggest forecast of excess supply of demand for eight
      AFP  -  211 words
    • Article
      Lock icon Hopes for coffee export quotas dashed
      893 24 REPORTS AFP THE OUTCOME of an International Coffee Organisation executive committee meeting in London was awaited with bated breath by the coffee market last week. But hopes of progress towards the reintroduction of export quotas were again dashed as Brazil indicated it was still
      AFP  -  893 words
  • Article
    PRICES
    1056 24 RAS (M> m bates) S cents/kg Int 1 RSS Gose 145.25 144.50 May 1 Gosed 146.00 May 3 146.25 MRELB (tab hi tntas) M cents/kg Int 1 RSS Gose 226.50 226.00 May 1 Gosed 226.00 226.00 LONDON (May 3) pence/kg Close Previous 1 RSS Jun 91 2 RSS Jun
    1,056 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      514 24 BUSINESS TIMES TBLBPHONB: 730-5771/5772/5773 FAX: 734-4982 THE COMPANIES ACT CHAPTER 50 SECTION 290(2)(b) NOTICE OF RESOLUTION SHELL SINGAPORE (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting held at 44th Floor, Shell T jwer on Thursday, 2 May 1991 at or around 9.00 am, the following SPECIAL RESOLUTIONS
      514 words
    • Advertisement
      Page 24 Advertisements Column 2
      372 24 f OFFICIAL NOTICE We, Sykhn Shipping Pte Ltd., of No. 23 Tuas Road, Singapore 2263, hereby give notice that In consequence of purchase, we have applied to The Registrar of Singapore Ships under Section 386 of The Merchant Shipping Act (Chapter 179) In respect of the Tanker "NISSEI MARU NO.
      372 words
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      Page 24 Advertisements Column 3
      26 24 For further information on which newsstands carry Singapore Business, Her World, Go, Home Decor, Young Parents, please call our Customer Services Section on 740-1839 or 740-1840.
      26 words
    • Advertisement
      Page 24 Advertisements Column 4
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1113 25 City Fligbt ETA Flight ETO j City Flight ETA Flight ETC SQ228 1905 SQ227 2200 g',,3 |g°° |g||J J Amsterdam KL842 2035 MH613 1850 MH614 1850 KL841 1055 MH615 1945 SQ118 1945 SQ23 1240 SQ115 2005 MH616 2035 MH617 2050 MH618 2045 I 1 1 SQ1I7
    1,113 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Guidelines for 'green' travellers
      528 25  -  LETTER FROM LONDON By Sydney Rubin PICK UP your orange peels, don't pluck the plants and remember that the picturesque village you are passing through is somebody's home. Those are the guidelines for "green" travellers put out by a travel agency specialising in far-flung destinations. The
      528 words
    • Article
      MONEY CHANGER RATES
      154 25 As at 3pm on May 3: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.368 1.388 Canadian dollar 1.S23 I.S43 NZ dollar 1.021 1.036 Sterling pound 3.027 3.047 US dollar 1.7630 1.7730 Local dollars to 100 units of foreign currency Austrian schilling
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      86 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td May 6-12 International Plovdiv, Foire Interna- 3S*****3I46 May 8-11 Computer 91 Hongkong Hongkong *****3 Consumer Goods Bulgaria ttonale De P Mnputer Exhibition, Plovdiv Machines Technologies for May Expoedit-Copia 91 Milan Trade Assoc lazione 02/*****04 the r >ro^uctK)n
      86 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      43 25 You've got nothing Ibulouse trying Finnair next time you go to France. With a twice-weekly service from Singapore direct to Helsinki and then to everywhere in Europe from Paris to Prague. Call *****77 for details. %f=/NNH/R We know Europe from start to Finnish.
      43 words
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      Page 25 Advertisements Column 2
      32 25 Eileen's Hfr jS mm n. m m&ssm■ W|!' 4r f X iiS^v i'" lL V J I I„. V The latest news and much more. U^Smß From lunch-time. Monday to Saturday. uyhillSjllK
      32 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      301 25 7 What equity demands of a reasonably good equity I 8 Game for ground or deep basins (5) 10 It fortifies cardiac patients with fresh courage HV UT ~lfl' |Hl lH H|| 11 Frank needs a small house, —|Hl BH IH_JH a very tiny one (6) I I I 13
      301 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      208 25 Singapore Outlook: Scattered showers in the early morning Forecast: Maximum temperature 30.0 Assoc humidity 77% Minimum temperature 23.5* C Assoc humidity 100% Hours of sunshine 1.90 Rainfall in mm 30.3 Rainfall this month 57.3 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland.. 19/09 Windy Bangkok 37/26 Showers
      208 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      22 25 1 OOST SIT Ue.BE. fMJD l£T DOM'T *cTo«u.y DO SIGH Pick ray BRA'HS... UOfcK Irt TuiS PIACJE. 0420 STANDARD CO. LTD.. WW
      22 words
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  • Article, Illustration
    Jakarta to increase spending in troubled Aceh province
    713 26  -  Funds allocated to be doubled to 550 billion rupiah From Maggie Ford in MEDAN THE INDONESIAN government will boost budget spending in the troubled North Sumatran province of Aceh in the wake of residents' complaints that they are not sharing in the
    713 words
  • Article
    Lock icon Gulf ministers meet on regional security
    206 26 AP FOREIGN ministers from six Gulf states met on Sunday for talks focusing on regional security and the role of western forces in the aftermath of the Gulf War. "The lessons we learned from (Iraq's) invasion of Kuwait uncovered loopholes in our defence and
    AP  -  206 words
  • Article
    Lock icon Japan in favour of US military presence in region
    373 26 AFP JAPANESE Prime Minister Toshiki Kaifu made a strong pitch yesterday for the retention of US forces in the region and told Philippine President Corazon Aquino that Tokyo did not favour debt pardons, officials said. Philippine and Japanese officials said the
    AFP  -  373 words
  • Article
    Lock icon Pacific nations to assess trade blocs
    272 26 Reuters DELEGATES from trading giants and struggling nations scattered around the Pacific Rim are gathering in Mexico this week to assess the region's many proposed trading blocs. Government officials and business leaders from 21 countries will meet in central Mexico today to look at
    Reuters  -  272 words
  • Article
    Lock icon Kuwait to review trade boycott against firms with Israeli links
    347 26 Reuter KUWAIT plans to ease its boycott of Western companies with economic links to Israel and will urge other Gulf Arab states to do the same. "Our country was returned to us through God's will and the Americans," said Ibrahim
    Reuter  -  347 words
  • Article, Illustration
    Agreement reached for transfer of technology
    372 26  -  BG Lee's visit to China From Lilian Ang in BEIJING TWO PROJECTS to transfer technology from three Chinese institutes to the Singapore Institute of Standards and Industrial Research (Sisir) are in the pipeline to help Singapore gain expertise it now lacks in two areas
    372 words
  • Article
    Lock icon EC gaining allies in farm talks: official
    355 26 Reuter THE European Community is gaining allies for its stance that modest cuts in agricultural subsidies are the way to settle the current round of global trade talks, the EC farm commissioner said on Friday. "We have to be realistic about what is
    Reuter  -  355 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      36 26 PiageT JQAMJER EN imUOGERIE DEPUISIB74 GENSVE IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg., 4-8-1 Hatcho bori, Chuo-Ku, Tokyo 104, Japan Tel: 03 3553 6961 Fax: 03-*****-2892
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      Page 26 Advertisements Column 2
      213 26 PlvgeT /MILLIER ENHORLOGERIE DEPUISIB74 GENEVE MARKETING UPDATE W SS7BO SIM members/SsB9o non-members This seminar aims to explore how the fundamental concepts and frameworks of marketing I can be re-adapted and applied in a practical way so as to help the company gain a sustainable competitive advantage. The latest developments will
      213 words
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  • ShippingTimes
    • Article, Illustration
      Keppel's Philippine subsidiaries depending on foreign orders
      406 27  -  By Dexter Lee KEPPEL CORPORATION'S shipyard subsidiaries in the Philippines are counting on more foreign vessel repair and conversion orders to make up for the weakened domestic demand for such work. The decline in domestic demand, which is expected to remain depressed this
      406 words
    • Article
      M'sian shippers may form body to overcome US law
      282 27  -  By Khaidir Abd Majid MALAYSIAN shippers may form an association, like their Hongkong counterparts, to overcome a US law prohibiting American shipping lines from dealing with shippers' councils. At present, local shippers are grouped under the Malaysian National Shippers' Council (MNSC)
      282 words
    • Article
      Lock icon Norwegion government proposes tougher ship safety rules
      236 27 AP THE NORWEGIAN government on Friday proposed tougher safety rules for ships after reviewing the Scandinavian Star ferry fire that killed 158 people last year. "The goal is to bring safety standards, safety inspections and legal protection of passengers and crew to a
      AP  -  236 words
    • Article, Illustration
      Lock icon Cyclone sinks ships in Chittagong, several other vessels run aground
      320 27 Reuter SEVERAL large vessels broke their moorings and went aground, and many smaller vessels sank, during the cyclone which hit the Bangladesh port of Chittagong on the night of April 29-30, Lloyd's Shipping Intelligence said. The 36,254-dwt Cypriot bulker Fanis,
      Reuter  -  320 words
    • Article
      Lock icon Soviet Union thinking of setting up new long-haul airline
      336 27 Reuter THE Soviet Union is considering setting up a new airline for long-distance flights, equipped with a fleet of Boe-ing-7475, the Communist Party daily Pravda reported. The newspaper quoted former deputy civil aviation minister Yuri Mamsurov as saying the government was
      Reuter  -  336 words
    • Article
      Van Ommeren, Petrolog Indah form venture
      364 27  -  By Selva Kumar DUTCH company Van Ommeren Ceteco (Singapore) and Indonesia-based PT Petrolog Indah have formed a new joint venture company in a bid to combine their expertise in the transportation and freight forwarding industry. The 70-30 joint venture, called Van Ommeren Petrolog (Singapore),
      364 words
    • Article
      Lock icon Kuwait to use UAE port of Jebel Ali
      211 27 Reuter KUWAIT plans to trans-ship most of its imports at the port of Jebel Ali in the United Arab Emirates until its own deep-water port of Shuwaikh is fully reopened, the director-general of the customs department, Ibrahim alGhanem, said. Mr Ghanem said
      Reuter  -  211 words
    • NEWS SUMMARY
      • Article
        Revving up for an east European offensive
        37 27 JAPANESE carmakers, predicting that the emerging market economies of eastern Europe will create a strong demand for vehicles, are putting the pieces in place for a major advance Page 2
        37 words
      • Article
        Mitsubishi's stock keeps rising
        49 27 MITSUBISHI is negotiating a financing package with Chrysler that would give the Japanese carmaker control of their Illinois joint venture, Dia-mond-Star Motors Corp. Meanwhile, Mitsubishi has signed a letter of intent to buy a one-third interest in Dutch Volvo, the Netherlands' only carmaker Back Page
        49 words
      • Article
        Britain's oil boom breeds a safer platform
        43 27 BRITAIN'S North Sea oil industry is booming and the production platforms being built to take advantage of this are a far cry from the type that killed 167 people in the Piper Alpha disaster Back Page
        43 words
      • Article
        Electric Boat wins submarine contract
        25 27 THE US Navy has awarded a coveted Seawolf submarine contract to the Electric Boat Division of General Dynamics Corp BackPage
        25 words
    • LOG BOOK
      • Article
        Conference and exhibition on LNG
        73 28 THE 10th International Conference and Exhibition on Liquefied Natural Gas (LNG) will be held in Kuala Lumpur from May 25 to May 28. Papers that will be presented at the conference are on the LNG market, liquefaction plants, LNG storage, transportation and handling. Besides workshop
        73 words
      • Article
        Egypt may build ships for Syria
        78 28 SYRIAN officials have arrived in Egypt to negotiate the building of two ships as the 1,399-tonne Arwad, the first Syrian ship to dock in Egypt for 18 years, arrived in Saturday in Alexandria, officials said. The Syrians are to discuss with the Alexandria Shipyard
        78 words
      • Article
        Rebels release Polish cargo ship
        59 28 SOMALI rebels have released a Polish cargo ship they seized a week ago in the Gulf of Aden, a Foreign Ministry official said on Saturday. He said the Wladyslaw Lokietek, carrying tractors and other farm equipment and with a crew of 31, was allowed to
        59 words
      • Article
        Somali refugees stranded
        38 28 SOME 600 refugees from Somalia's bloody civil war who hijacked an Italian ship are stranded without food or water off the Kenyan coast, the ship's captain said on Friday, urging Kenya to accept the ship.
        38 words
      • Article
        Air Lingus to return equipment
        67 28 AIR LINGUS of Ireland has agreed to return 60 per cent of equipment it seized from Nigerian Airways for non-pay-ment of debt, as part of an accord rescheduling payments, Nigerian Airways general manager Jonathan Ibrahim said. Air Lingus, which carries out maintenance work on Nigerian
        67 words
      • Article
        Ship with relief supplies sinks
        58 28 A PRIVATE ship chartered by the non-governmental US relief agency CARE has sunk in the Bay of Bengal while sailing with food and medicine to a cyclone-hit island in the south-east, a CARE spokesman said in New Delhi on Saturday. The trawler, carrying 10 relief
        58 words
      • Article
        Indian ship towed into port
        40 28 AN INDIAN passenger ship with some 700 people aboard was towed into the port of Visakhapatnam late on Friday after being caught on the high seas in the devastating cyclone which hit Bangladesh last Monday.
        40 words
    • Article, Illustration
      Lock icon Japanese offensive into east Europe
      889 28 Japan's carmakers are revving up to capture the potentially lucrative east European market, which has no import restrictions against Japanese cars, by creating large retail networks in the region and by forming joint ventures, as Suzuki did with a Hungarian partner. AFP JAPANESE carmakers, predicting
      AFP  -  889 words
    • Article
      DAILY FREIGHTS
      1118 28 DRY CARGO freight chartering on Thursday featured active time-chartering in the Pacific despite the holiday period in Far Eastern centres, brokers said. The Baltic Freight Index was marked down four points to 1,620 and the Atlantic and Pacific time-charter routes were slightly lower, while the Skaw/Passero Far East
      1,118 words
    • Article
      COCKETT BUNKER MARKET REPORT
      859 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      859 words
    • Article
      THE SHIPPING GUIDE
      12219 36 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 Irom the Port of Singapore. Advanced dates are published for a maximum
      12,219 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        557 43 y KJ- Voy No B«rth Amv* Departut Keppel Wharves Chuan Fu No 1 J2 0606/2359 Eastern Ruby 1 K30 alongside 05.05/2300 Constance 1/91 J4 06.05/2359 Kota Petan. E-894 K31 akH*side 07 05/0600 Hati Ba«k J3 ak>r*side 06 05/0600 Sea Princess 120 (P) C09 aior«side 06.05/0700 Pnggodani J12
        557 words
      • Article
        CONTAINER SCHEDULE
        1225 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Booknt/Baiance Rdts Ship Voy No Etb/Btr Period From To From ACX liy 106 07/1500 1 05/1500 05/1659 05/1900 2 05/1700 06/0659 06/0900 4 06/1200 06/1459 06/1700 ACX Lotus 12A 08/0600 1 05/1500 05/1659 05/1900 4 06/1200 06/1*59 06/1700 An
        1,225 words
      • Article
        IN MALAYSIAN PORTS
        191 43 Pwiang Port Berth in Mterworthi on May 5: 1: Kai Hent 2. Malayan Success,J: rid, V«b.n* 6. nil. S HOI?! nil. Due on Mav 4: Sea Leopard Malaka Bay, Ice Bird, Kai Heng, Bunga Kekwa. X*i Hua 9, Sea Haron, Pernas Propane. Dm en May 5c Onon,
        191 words
    • Article
      Lock icon Chrysler offers to sell Diamond-Star venture to Mitsubishi
      456 44 NYT MITSUBISHI Motors Corp is negotiating a financing package with financially strapped Chrysler Corp that would give the Japanese carmaker at least a 75 per cent share of their Illinois joint venture, Diamond-Star Motors Corp, a Mitsubishi official said in Tokyo on
      NYT  -  456 words
    • Article
      Lock icon Japanese firm agrees to buy interest in Dutch Volvo
      368 44 AP MITSUBISHI Motor Corp of Japan on Friday signed a letter of intent to buy a onethird interest in Dutch Volvo, the Netherlands' only carmaker. In a ceremony at the Economics Ministry i.» The Hague, the agreement was signed by Mitsubishi
      AP  -  368 words
    • Article
      Lock icon Electric Boat awarded coveted Seawolf contract
      358 44 AP THE US Navy awarded a coveted Seawolf submarine contract on Friday to the Electric Boat Division of General Dynamics Corp, congressional staffers said. In a limited victory for the limping New England economy, the Navy said Electric Boat's shipyard in Groton, Connecticut, and
      AP  -  358 words
    • Article, Illustration
      Lock icon Britain's oil boom breeds a safer platform
      548 44 Reuter BRITAIN'S North Sea oil industry is booming and the production platforms being built to take advantage of its new fortunes are a far cry from the type that killed 167 people in the Piper Alpha disaster. The first in the new, safer
      Reuter  -  548 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      159 27 ECS MARINE AUTOFAX (UK) SERVICES INCLUDES s %|gt| 1. CREDIT REPORTS 2. CHARTERING REPORTS 3. PAY MENT INDEX 4. VESSEL TRACKING Call 2241 890 for r\;; V FREE Demostratlon Package 4™! Coctett Report 2 Container Schedule 17 Daily Frwghts 2 Index to Advertisers 3 Shaping Gwde 10.11 Ships in Port
      159 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      25 28 .w.w.v.w 1 mmmmmmmmmmmmmmmmmammmmam X*X*X*X*X'X* •v.v.v.vX%<*X X X X Xtt*X»X«^vX X X< X*X*X X X XvXvX X\vX X»X X X*X*X*X*X*X* —■—■I Every Saturday in Business Times
      25 words
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      Page 29 Advertisements Column 1
      2351 29 I'linim urniihi »i iin ii 200 Cantonment Road #12 05 Southpoint, Singapore 0208 \llffr *****11 TELEX NO RS ***** Wfmra terminal/CFS TH *****1s 220 BOOKINGS rei *****34-258 L VWw A PESAKA JAROINE SHIPPING AGENCIES SON BHD *> RT KELANG TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA*****
      2,351 words
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      Page 29 Advertisements Column 2
      1162 29 I INDEX TOMWKTjSERS Page Col C ol i ~i i m n ABC Containedi ne 12 I M+ R Frwdg 13 1/2 Award Group 8 1-3 Mac-Nels Agencies 14 1/2 Macoline 9 4/5 Ahrenkiel Liner 16 4 Madju Sdn Bhd 15 1/2 AlUed-Unlc 6 4/5 #Maerek Line 3 4/5 An£o
      1,162 words
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      Page 29 Advertisements Column 3
      2089 29 pomsasza TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/SOUTHAMPTON 17 DAYS ETA WEEKLY THURSDAY AND SATURDAY SINGAPORE/ANTWERP 17 DAYS Vmhl Voy ETA ETD "Port 'Penang DESTINATIONS Thn mm Macs* aio« fmw cv 6/5 23M mrs m pmio CFS 7/5 0000 MRS OAK LGB MOU MEM ATL MIA CHS BAL PHL NYC
      2,089 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1176 30 i j HOTTEOAM/j VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE t&i HONGKONG EXPRESS 01/118 11/5 1/6 30/5 29/5 KAGA 18/318 12/5 29/5 31/5 3/6 4/6 JBSSESJ KURAMA 10/119 16/5 6/6 4/6 3/6 1 ALL WMTBOUND P FRANKFURT EXPRESS 56/319 19/5 5/6 7/6 10/6 11/6 KELAtMI A PENANG CARGO
      1,176 words
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      Page 30 Advertisements Column 2
      622 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 2208E 25/5 9/6 11/6 17/6 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA i NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX SAI (PERU) ISLA FLOHEANA 2206E 25/5 30/6 1/7 4/7 6/7 7/7 Agents SINGAPORE: Z2IMII jPy
      622 words
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      Page 30 Advertisements Column 3
      1450 30 ]W3%wwu*mM& xjtrnm regular independent full container service i WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUN 9109-3 06/05 26/05 27/05 31/05 01/06 02/06 03/Cfc 04/06 05/06 NORASIA PEARL 9110 3 15/05 03/06 04/06 08/06 09/06 10/06 11
      1,450 words
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      Page 31 Advertisements Column 1
      2121 31 SgSteomers Maritime Holdings Ltd P&O MfW straits shipping ■VMI A Slafapara 10 Braaal, East Malaysia, Containers iii> Voy No tPen/»Pkl S'poit Alg Sou Ant Rot Ht* LARS MAERSK 9106 (*/0S 08,05 08,05 2305 26,05 2705 29/05 CARGO TOKYO BAY 0620 0405 06.05 12.05 28,05 30(05 01, OS STRAITS HOPE VO6E
      2,121 words
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      Page 31 Advertisements Column 2
      2146 31 TO: U.S.A./PANAMA FM: U.S. A./PANAMA SP OAK ica CRI FDt SAV HO# NYC NYC MOO SAV CRI Ltt OAK $P CHOYANG SUCCESS EF 111 11/5 M 15/6 21/6 22/6 OH 25# CHOYANG FRONTIER WA 113 27/1 2*3 31/3 V 4 14,4 15,4 12.5 GERMAN SENATOR EF 111 I*s 12/6 14/6
      2,146 words
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      Page 31 Advertisements Column 3
      407 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL Ivor sp [pk [kuc [KK ALICE 1 sis ORANGE OCEAN 9 S/S ~U/5 ASEAN TRADER "lO "u/S "3 3 SUNNY SKY i ~U/5 9/5 3 TRANS AUTO "H "u/5 ~W Ttjs TRONO H ~aH 3 3 COSMIC PIONEER ~U 16/5
      407 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      641 32 CH NBR **********0-D EXPRESS SERNI-CONTAINERSHIP SERVICE TO EUROPE VSI/VOY S PORE ROAM;ADAM H BURG BRtAIIN ANTWERP KUTAI72WB 10/5 14/6 20/6 2*6 30/6 MATARAM/29W8 \jfi£ 14/7 21/7 2*7 29/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo to Caaablanca, Port Said. Port Alexandria. Genoa, Trleete ALSO ACCEPTING
      641 words
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      Page 32 Advertisements Column 2
      881 32 HANJIN SHIPPING S pore LEH RTM ANR HAM BRV EEL I«h T Ti tmu E HAUL LAX OAK HANJIN FELIXSTOWE 00/W 7/5 24/5 75/5 26,5 26/5 27/5 28,5 2 "g 29/5 1/6 HANJIN CHEJU 0/o*l 14/5 5/6 6/6 4/6 2/6 2 I*s DIRECT 10* 12/6 HANJIN MASAN 063* 12<5 30/5
      881 words
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      Page 32 Advertisements Column 3
      1124 32 jj-JH I d d ifc IPKL SCP HKG KSG KLC PUS MKT OSK NCY SHU TYO LAX CHS BAL NYC LMV AN* ROM THP HBC PSO CMB PKL SCP I E LOADING RE OH 8,5 10,5 14/5 15.5 17/5 20,5 22/5 24/5 25,5 »/5 27/5 7/4 19* 214 234 2/7
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      2079 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 ICR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 UK/EUROPE SERVICE-*****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 iU Ml CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 ESZ Mr nepuneson bhdMalaysia K.L.-(03) *****33, P. Kelang-(03) *****87,
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      Page 33 Advertisements Column 2
      1062 33 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) FULL CONTAINERSHIP SERVICES DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUNO TRANSHIPPED AT ROTTIRO^Iir t VESSELS VOY SIN ML* HKC VOY
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      1633 34 K 4 *"WV- f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 12U*****00M) TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 > lJ MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD A 11/ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 HHUHHA KAWASAKI KISEN KAISHA LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT
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      Page 34 Advertisements Column 2
      1206 34 \o*+ PHIU-Ottl€NT UNCS PT€ LTD toe ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA SJfe-agr M/E TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I^A^SONTREAL^ttawa^^NTO^^^^ VANCOUVER, S'WESTERN ONTARIO. 11 MAY DUBAI, DAMMAN, SHARJAH,
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      Page 35 Advertisements Column 1
      1475 35 PACIFIC INTERNATIONAL LINES (PTE) LTD R BUtM PIL Building. 140 Cecil Street *03-00, Singapore 0106. r JARARtA I I BANGKOK 1 VESSEL VOV SIN JKT SIN VESSEL VOY SIN BKK SIN BUNGA TERATAI 183 7/5 8/5 13/5 KOTA BINTANG *112 J®'* EDEN Ml 7/5 8/5 14/5 PEGASUS PROGRESS HW 8/5
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      Page 35 Advertisements Column 2
      1102 35 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 GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Delft f 138 8/5 25/5 26/5 28/5 29/5 Nedlloyd Houtman' 136 8/5
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      Page 35 Advertisements Column 3
      537 35 mm, MYANMA pHBk FIVE STAR LINE w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI69W In Port PATHEIN VIUW 15/11 Ma* Ngy THE BANK LINE (A Mrvic* of Andrew Wolr Shipping) SEMI-CONTAINER SERVICE \l HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA I BUNKER
      537 words
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      Page 38 Advertisements Column 1
      674 38 TO AUSTRALIA/NEW ZEALAND [sin Frem Melb [lyd Uuck [NPE [> CHALM ELLEN HUOIG 270 Ti/S its »5 25(5 W 3 fcfc BRUSSEL 2H I*s it Iftb M* W 2U 23/S C VEROLME 272 Tii li» 24* 7s* 3/7 Hi ANTWtRPtN 273 2M 17 55 U/7 21/7 2*7 TO USA/CANADA VSI
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      Page 38 Advertisements Column 2
      927 38 EXPORTS TO HONGKONG TAIWAN APAN TWICE WEEK Y MA AC< A STRA TS FEEDER SERV CE OUTBOUND VOY PKL PNG JKT SIN HKG KAO KEE TYO SM2 NGO KOB l| VESSEL VOY [SIN |PKL PNC 81W SIN ACX LILY 108 *29 4 2 5 Ts~ 11 5 13 5 17
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      Page 38 Advertisements Column 3
      232 38 TRI-CEL FREIGHT SERVICES PTE LTD 28A, Tanjong Pagar Road Tel: *****51 (4 Lines) Fax: *****08 Tlx: RS ***** Contr Vessel SIN Loading for F.X. SHAN 9/5 Limassol, Mersin Alexandria, Tripoli/Lebanon Beirut. Lattakia. Piraeus Z. SHAN 10/6 Lagos, Matadi A. VSL 11/5 Madras EXPRESS CONVENTIONAL SERVICE Vessel SIN Loading for A.
      232 words
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      Page 38 Advertisements Column 4
      1461 38 3?- CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE Tr IP 2, MISTRI ROAD, HMC BUILDING TELEX p. H w S #15-00, SINGAPORE 0207 p.-f^COSTARLINE CR NO: **********0 M IA6iE CO T General Agents: COOTAR SHIPPING PTE LTD I To^m&mmewm*. VESSEL,VOY SGP HKG SH* XIH HPU DAL QIW VESSEL/VOY SHA
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      Page 39 Advertisements Column 1
      1028 39 roc cowvprnowAi wnvwa v ««l PHI PNG P C. Loading lor A VESSEL 24/W Rotterdam/Antwerp CHINA run CONTAINED TOVICT V«*M| scp pkl bkk hkc qin sma YANCFANGKOU 149 01/S 29/4 07/5 12/5 IS/5 YANCFANGKOU 151 01/6 29/5 07/6 12/6 16/6 Alto jcc opting other chincw ports HKG AWTtAUA rULL CONTAIN**
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      Page 39 Advertisements Column 2
      340 39 3SI RICHFIELD MARINE AGENCIES (S) PTE LTD Sf TEL: *****33 (12 Lines) m FAX: *****15/*****03 00 TELEX: RS ***** RISHIP (3 Line*) i~<T\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA (LOADING FOR SPORE ABBAY WOHZ 28WB 30/05 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
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      Page 39 Advertisements Column 3
      940 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTO ETA ETA ETA SPORE PORT KEIANC PENANC BLUE JADE 25/5 loading tor Male IRUVAI HUDHU 25/5 loading for Calcutta OOIPHIN 12/5 11/5 Loading For Feliwaru PIONEER SUPREME 5/5 Loading For Mate DONAKULHI 20/5 loaded For Feliwaru PROGRESS LIBERTY Sailed Loading (or Maldives
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      Page 39 Advertisements Column 4
      425 39 TI6ER UOE "vSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR ISBN 10-11/05 16-IMS 24 24/05 TIGER BAY 159N U-13/05 19-21/05 27-27/05 TIGER STAR 160N 24-24/05 28-30/05 (K-Ot/Ot ~VSL VOY SINGAPORE/CALCUTTA/SINGAPORE VESSEL VOY SIN CAL SIN LHOTSE 401 07-07/05 13-15/05 21-22/05 TIGER RIVER 130CNB 12-13/05 19-21/05 27-21/05
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      Page 40 Advertisements Column 1
      1353 40 A m MAC-NELS SINGAPORE![ EXPORT TEL; *****22 IMPORT TEL: *****02 PENANG TEL: (04) *****6 KK ITEL (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 J' >
      1,353 words
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      Page 40 Advertisements Column 2
      385 40 IBgfc BLUE STAR LINE ISINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT PROSPECT 12S 8 May 18 May Via NPI 20
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      Page 40 Advertisements Column 3
      1000 40 I A& l I HUNIi SOON LINES PTE. LTD. Xy 1 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 ■■■■■■I 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 VOT
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      Page 41 Advertisements Column 1
      718 41 Wfewv COMPANIA PERUANA nCHL de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore E'Msia KARABIEVERETT U/13 May 16/18 May JOHNEVERETT 24/26 May 27/29 May SMAPIAEVERETT 05/07 Jun 08/10 Jun "EVERETT
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      Page 41 Advertisements Column 2
      512 41 VSL Ivot Is PORE Imainliner [lax Ikst [sav Intc Ihfx JIM YOKOHAMA 15E lift ZIM KEEIUNG IM W 22/6 J4/6 LEEWARD K IS/5 21* AMERICA W 2» M W 2IM El AT ME 29.5 2IM HONGKONG 22/1 1/7 4/7 *P ZIM STONEY 124E 30/5 ZIM IBERIA 27* 4/7 V 11/7
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      Page 41 Advertisements Column 3
      702 41 UNER SHIPPING PTE LTD 1 0. Anson Road, #17-06 international Plaza, Singapore 0207 Tel: *****33 (10 lines) U Telex RS ***** LSSHIP Fax: *****13 llllJjUl'l L_= FAR EAST HONG KONG 3/5 10/5 "[JAKARTA 11/5 18/5 KEELUNG 4 5 12 5 MANILA 11/5 18/5 KAOHSIUKG 5/5 12/5 P. KILANC 10/5 17/5
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      Page 41 Advertisements Column 4
      609 41 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHASETIA 165 A In Port 06/05 JATIDIRI 930 04/05 07/05 DASA LIMA 909 07/05 10/05 PRASETIA 167 A 09/05 12/05 TAN TO U TAMA 161 08/05 11/05 TANTO UTAMA 163 16/05 19/05 General Agents
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      Page 41 Advertisements Column 5
      431 41 SIN FAB EAST 12/5 KEELUNG/KAOHSIUNG 8/5 BANGKOK 11/5 MANILA/CEBU 11/5 JAKARTA/BELAWAN/SURABAYA 11/5 PORT KELANG/PENANG/E. Malaysia 13/5 BUSAN 13/5 TOKYO/YOKO/KOBE/NGO/OSA 7/5 HONG KONG SIN CHINA 7/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUMPE/UK 13/5 LON/FLX/LVP/SOU 13/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 11/5 LOS
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      Page 42 Advertisements Column 1
      509 42 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P.T ANCKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI I 1/00 07 MAY 10 MAY TAKARI I 1702 13 MAY IS MAY TAKARI IV 4084 09 MAY 11 MAY TAKARI I 1704 20 MAY 22 MAY
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      Page 42 Advertisements Column 2
      232 42 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. OAMMAN. SHARJAH, DOHA, MUSCAT, BAHRAIN, ABU DHABI, BANDAR ABBAS. JEDDAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANG, JAKARTA, BANGKOK, HONG KONG. TAIWAN. JAPAN. MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON, FELIXSTOWE, LEEDS. TILBURY. ABERDEEN. LE HARVE. HAMBURG. ROTTERDAM, ANTWEP. GOTHENBURG, COPENHAGEN ALL OTHER
      232 words
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      Page 42 Advertisements Column 3
      544 42 SHIPPING CORP. SDN BHD n. KLAHG TEL 03-317}1N (t Han) FAX *****11 jmLJ PtNAMB TEL: *****1 M SKAN TEL 0M214U2 CI/ SIM TEL M 4 JIMB TAWAU TEL M-77M71 KK TEL 0M *****0 KUCH TEL: 012 *****3 MSIA TO USA/CANADA CONTAINER SERVICE FEEDER VOY PtW PKI SIN LA/IB KST NYC
      544 words
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      Page 42 Advertisements Column 4
      548 42 CUUj con-wnv inTEßmooni\ J LCL/FCL SERVICE FROM (fiZf I IB B /Hi\ CUJ! operate# over 600 ternrfnale/offlcea In U.S.A. I I SB m CUJI maintains over 35,000 tractor* 4 trucks. V I I A CUM ovr 60,000 points In U.S.A. V WaM mWi m off#fr-tabteLCW:CL rtCM X. Gsnarsl Agantt 7BAA/S-Z/AOC
      548 words
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      Page 42 Advertisements Column 5
      420 42 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 36N8 11/5 CAPITAINE DAMPIER 6NB 18/5 BANGKOK 9/5 18/5 BUSAN 14/5 23/5 HONGKONG 14/5 23/5 DURBAN,PT LOUIS 16/5 3/6 KEELUNG 12/5 19/5 US A. 13/5 20/5 PT. KELANG 10/5 17/5 KOBE 13/5 20/5 PIRAEUS 8/5 17/5 OSAKA 14/5 21/5 JAKARTA 9/5 10/5 SURABAYA 8/5
      420 words
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      Page 43 Advertisements Column 1
      647 43 MORE FREQUENT FLIGHTS WORLMPE HEW ZEALAND/FUI J una M~ T«| fu -Itt StoT« *«*tato Ff|A| N Pt|«Mlk|A| Tlmi L|Mm|»l Taw* N. Rosario/9110 7/5 9/5 10/5 10/5 10/5 14/5 27/5 9/6 29/5 30/5 31/5 31/5 2/6 3£ 4/6 N. Rochester/9111 18/5 2Q/5 21/5 21/5 22/5 25/5 7/6 14/6 9/6 1/6 2/6
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      294 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 ************************************************************ JR 2.0 2.5 Z8 2.8 2.7 2.3 1.9 1.5 1.1 0.9 0.8 0.8 1.0 1.2 1.5 1.7 1.8 1.9 1.7 1.5 1.4 1.3 1.3 1.5 PP 2.0 2.4 2.6 2.7 2.6
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      Page 44 Advertisements Column 1
      750 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBQUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDCR VOY PKE JHR SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL WAN HAI 202 019 28/04 30/04 01/05 H COMMANDER 2SE 27/05 30/05 03/06 BAY BRIDGE
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      Page 44 Advertisements Column 2
      63 44 Guaranteed IK9 Weekly Consolidations 9! To/From USA $o^s>«PP->y Services: from Singapore HANJIN from USA East Coast NOL from USA West Coast MAERSK LINE Own Offices: Los Angeles, New York, Chicago and Houston Scan-Shipping has filed and maintained the required bond with the FMC. For more information please call: Tel.: 223
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      Page 44 Advertisements Column 3
      489 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) A*. A«*-, F* Hamburg to Copanliafan. Aarhut. Gathanfcuf. Malmo |S PORE IS'TON H BURG BHAVEN R DAM UN MaUinki, Stockholm LA SEINE 11/117 15 24.5 22,5 21/5 Rotterdam :to Antwarp. Amttardam o*lo. Halamki CGM PASCAL 11/317 V 5 22,5 24/5 27/5 21/5
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