The Business Times, 8 May 1991

Microfilm: NL17494
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, May 8, 1991 75•
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  • NEWS SUMMARY
    • Article
      Jakarta signs new US$ 6.8b LNG pact with Seoul
      64 1 INDONESIA yesterday signed a new liquefied natural gas (LNG) sales contract with South Korea worth US$6.B billion (about SSI2 billion) over the next 20 years. Under the agreement between the state oil firm Pertamina and the Korean Gas Corp, Indonesia would
      64 words
    • Article
      Kaifu asks Cabinet to raise Asean aid
      58 1 JAPANESE Prime Minister Toshiki Kaifu instructed his Cabinet yesterday to raise economic assistance to members of Asean in the next fiscal year. Mr Kaifu gave the order at the first regular Cabinet meeting since his return home on Monday from a 10-day tour
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    • Article
      A wider spectrum
      30 1 KANSAI PAINT, a Japanese coatings giant, is considering the set-up of a tropical research and development centre in Singapore as part of its expansion programme. Page 2
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    • Article
      Aussie cut this month?
      26 1 ECONOMISTS are predicting that Australia's official interest rates, prompted by lower-than-expected March current account deficit, will be cut this month Page 7
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    • Article
      Embarrassing slip
      46 1 AMERICAN productivity advanced at a one per cent annual pace in the first quarter of the year, instead of dropping 0.9 per cent as was earlier reported by the Labour Department in one of the most embarrassing statistical mistakes in recent memory Page 8
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    • Article
      Lower asset taxes
      43 1 ASSET TAXES for private individuals and companies in western Germany should be cut sharply, starting from 1993. The reduction, says Finance Minister Theo Waigel, will trim revenues of state governments by at least 750 million marks a year Page 9
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    • Article
      Tipping the scales
      39 1 A SURGE in imports is expected to dent Taiwan's huge trade surplus. According to private economists, Taiwan, which has recorded an annual surplus every year since 1976, may be posting deficits by the mid-1990s Page 9
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    • Article
      Now is not the time
      31 1 THE shipping-based Thong Soon group has brushed aside recent speculation that it may soon seek a listing on the Singapore Stock Exchange. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      46 1 THE NEW YORK stock market showed little change in early trading yesterday. The Dow Jones average of 30 industrials rose 4.92 in the first half-hour but then turned lower to show a 3.13-point loss at 2,938.51 by 1430 GMT one hour into the session.
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    • Article
      Footsie higher
      28 1 LONDON SHARES rose on London's Stock Exchange at midday yesterday. At about 1115 GMT, the Financial Times-Stock Exchange 100share index was up 13.4 points at 2,536.1.
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    • Article
      Steamship bonds
      29 1 STRAITS STEAMSHIP Land plans to make a cash call for about $200 million in unsecured US and Singapore dollar bonds to fund various property projects. Page 3
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    • Article
      A better route
      53 1 SINGAPORE BUS Service's non-traditional segments are making greater contributions to the company's profits. While pre-tax profits generated by bus services for the financial year ended Dec 31, 1990 fell 47 per cent to $16.75 million, earnings from the other sectors rose nearly 14 per cent to $37.58
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    • Article
      New businesses
      19 1 THE Export Credit Insurance Corp of Singapore has diversified into information technology and property investment. Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Tuesday Change BT-MGA 733.25 +5.23 Kuala Lumpur ....582.48 +2.97 Tokyo 26,342.14 -135.72 Hongkong 3,741.51 +37.08 Sydney 1,537.8 +16.2 Monday Change New York 2,941.64 +2.78 London Qosed
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.7680 100 Yen S$ 1.2765 MS SS 0.6409 Money (Mrint rstes Overnight 4 1/4 -11/16 3-month 5 1/8% +1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS356.25 -USS0.20 Pnhtiar KlIDMT S'pore June 146.25'/kg unch M'sia June 226.00*/kg unch KL Tin Turnover 54 tonnes -19 Spot MS 15.09/kg unch Crado palm oU Turnover 867 lots +239 May MS785 /tonne -7
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  • Article, Illustration
    Golf clubs to pay rent at market rates
    539 1  -  New rates to be phased in over a 10-year period By Anna Teo GOLF CLUBS holding temporary occupation licences (TOL) will be placed on 30year leases from Jan 1, 1992, and all will pay market rentals for their land, Law Minister S
    539 words
  • Article
    SICC membership transferable
    235 1 THE GOVERNMENT has allowed the Singapore Island Country Club (SICC) to introduce transferable membership, subject to control by the Public Utilities Board, owner of the elite club's 291 hectares of lush greenery. Following the move to introduce fixed-term leases and market rentals for all golf clubs, SICC
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  • Article
    Bull market seen in golf membership
    297 1  -  By Cassandra How SINGAPOREAN GOLFERS have mixed feelings about the government's announcement concerning golf clubs. Much as some welcome the cap on foreign membership, others are equally concerned about the repercussions of the change. Most golfers contacted by BT expect the market in golf
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  • Article
    Brierley eyeing troubled Aussie companies
    230 1  -  From Geoffery Harris in MELBOURNE FRESH from its deals this week with the Government of Singapore Investment Corp and Temasek Holdings, New Zealand's Brierley Investments is eyeing some of the prime corporate assets in Australia. In its sights are the Fairfax media cash cows the
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  • Article
    S'pore govt's tie-up with BIL well received in NZ
    214 1 TEMASEK Holdings and the Government of Singapore Investment Corp's (GIC) decision to tie up with New Zealand conglomerate Brierley Investments Ltd (BIL) has been received favourably in that country. Business sources in New Zealand said there had been "positive signs" emerging
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  • Article, Illustration
    Amcol to develop $45.6 million warehouse complex
    354 1  -  Company confirms MD was questioned by CAD By William Chia AMCOL HOLDINGS Ltd, which yesterday confirmed that its managing director Rang Hwi Wah had been interviewed by the Commercial Affairs Department, also announced plans to develop a 10-storey warehouse costing $45.6 million. Mr
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  • Article, Illustration
    What's brewing?
    64 1 ASIA PACIFIC Breweries is all geared up to make further inroads into the Australian and New Zealand beer markets with its award-winning Tiger Beer. In an exclusive interview with BT, APB's chief executive officer, Tan Yam Pin (left)) says the company's ultimate aim is not just to sell
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      188 1 EXECUTIVE I PLACEMENTS g*****62 Vcraft Schedule 25 Money Market 23 World News 8,9 Commodities 2* Regional Co News 4 Cryptic Crossword 25 Regional News 7 Editorial 10 Regional Stock Markets 21 For market indices, editorial, Financial News 6 SES 16,17 advertising and circulation exFutures Options 23 Share Information 18 tensions,
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      Page 1 Advertisements Column 2
      13 1 Fate of Eu Court sealed; $lb endowment fund for two varsities, Pg 2
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    • Advertisement
      Page 1 Advertisements Column 3
      199 1 fi CvbXwiy 6&cUJUs»ct nhermain SINCE 1888 V J Made in WEST GERMANY —J Sole Agent: H. W. Shelley Co. (Pte) Ltd. Penthouse Floors j As a Penthouse Floor guest, you II enjoy the good life. Complimentary breakfast and the morning paper. A welcome basket of fruits, bedside IL)L) phone, coffee
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      Page 1 Advertisements Column 4
      3 1 Analysis, Pg 11
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Parliament briefs
        349 2 THE NATIONAL Productivity Board (Amendment) Bill and Skills Development Levy (Amendment) Bill were passed yesterday to formalise NPB's appointment as the administrator of the Skills Development Fund. But NPB's role as a user of SDF funds will be kept distinct: their accounts will continue to be separately maintained
        349 words
      • Article
        M'sian Defence Minister here
        59 2 MALAYSIA'S Defence Minister, Dato Sri Mohd Najib bin Tun Haji Abdul Razak, here at the invitation of Communications Minister and Second Defence Minister, Dr Yeo Ning Hong, will call on Prime Minister Goh Chok Tong at the Istana tomorrow. Dato Najib, here for two days, is
        59 words
      • Article
        Mr and Mrs Lee visiting Japan
        65 2 SENIOR Minister Lee Kuan Yew and Mrs Lee will visit Japan for five days from today. While there, Mr Lee will speak on "Challenges for the 21st Century" at the Asahi Shimbun Symposium in Tokyo as a member of the newspaper's International Advisory Board.
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      • Article
        Corrections & Clarifications
        73 2 Corrections Clarifications IN BT's April 30 report 'Du Pont (S) appoints car paint distributor', it was mentioned that the Color Master group has been unofficially distributing Du Pont's Centari paint system in China and Hongkong for the past eight years. Du Pont has since pointed out that Color Master has
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    • Article
      Decision to demolish Eu Court final
      380 2  -  Yesterday in Parliament By Chuang Peck Ming THE DECISION to knock down Eu Court on Stamford Road is final, but it may be the last historic building to be knocked down for road widening in the city district. Mr S Dhanabalan, the National Development
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    • Article
      Plan to set up $lb endowment fund for university education
      311 2 THE GOVERNMENT aims to build up an endowment fund of 1 billion within five years to support the cost of university education in Singapore. Education Minister Tony Tan, who disclosed this in the wake of last month's increase in university
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    • Article
      Kansai Paint may set up R&D centre here
      253 2 JAPANESE coatings giant Kansai Paint is looking into the possibility of setting up a tropical research and development centre here as part of its expansion programme. This was stated by Mr M Mikami, general sales manager for Kansai Paint (Singapore), at the
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    • Article, Illustration
      STPB figures show recovery in the tourist industry
      400 2 SINGAPORE'S tourist industry is showing signs of a recovery following an unprecedented decline in the number of visitors, particularly those from Japan, during the height of the Gulf War. In February, tourist arrivals fell by a record 14.5 per cent from the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      516 2 Editorial, Pg 10 BS9 THE MULTI-AWARD WINNING CITROEN XM. VERY BEAUTIFUL. VERY INTELLIGENT. The Citroen XM has won the prestigious Car of the Year award for 1990. The XM scored an outstanding number of points to take the award, leaving the Mercedes-Benz S in second place. J Frontline* January 1990
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      SSL plans $200 m cash call in unsecured bonds
      487 3  -  Move to raise funds for company's various projects By Genevieve Cua PROPERTY group Straits Steamship Land (SSL) plans to make a cash call for about $200 million in unsecured US and Singapore dollar bonds to fund local and overseas projects. Under
      487 words
    • Article
      Lock icon KFC (M) to tap China's market potential
      254 3 Bernama KFC Holdings (Malaysia) Bhd yesterday announced plans to expand to China through its involvement in two poultry projects there. It wants to tap the vast market potential of China and other East Asian countries. In a statement released in Kuala Lumpur, KFC
      Bernama  -  254 words
    • Article, Illustration
      Government should help supervise securities market
      260 3  -  By Magdalene Ng INTERNATIONAL participants at a workshop on the regulation of securities markets have agreed that a fair amount of government intervention and supervision is necessary for the fair and efficient operation of the markets. Addressing reporters yesterday at the end of the
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    • Article
      Bus operations contribute smaller share to SBS profit
      347 3  -  By Magdalene Phang SINGAPORE Bus Service's traditional role of providing cheap public transport appears to be taking a back seat as the group sees its other business segments making greater contributions to its profits. While pre-tax profits generated by bus services for
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    • Article
      Lock icon Taiwan rebounds from slump
      557 3 MARKET TALK Reuter DAILY TURNOVER in Taiwan's stockmarket regularly surges above a hefty NTSSO billion. The market echoes with rumours that big players are buying. Small-scale speculators, among them housewives and students, are flocking back to brokerage trading halls. After a stunning market collapse last year
      Reuter  -  557 words
    • Article
      Lock icon Pernas and Sogo venture to develop M$ lb project
      352 3 Bernama PERNAS Properties Sdn Bhd, a wholly-owned subsidiary of Perfoadanan Nasional Bhd, has set up a joint-ven-ture company with Sogo Company Ltd of Japan to undertake a Msl billion (Ss6s million) property development project at Sulaiman Court on Jalan Raja Laut
      Bernama  -  352 words
    • Article
      ICS aims to upgrade Risk Management Unit
      152 3 THE Insurance Corporation of Singapore (ICS) aims to further improve the services of its Risk Management Unit, which helps its clients reduce hazards that could cause damage to property or life, ICS said in its 1990 annual report. It also hopes to spend
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    • COMPANY BRIEFS
      • Article
        Equatorial Re doubles paid-up capital
        83 3 HWA HONG Corporation's associated company, Equatorial Reinsurance (Singapore) Ltd, has doubled its issued and paid-up capital to $45 million through a rights issue at par value of $1. The People's Insurance Company, a subsidiary of Hwa Hong, which held 9.56 million shares or 43.48 per
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      • Article
        Berjaya to buy stake in Shinca
        122 3 BERJAYA Corporation has entered into an agreement to purchase a 51 per cent stake in Shinca, a contract assembler of radio clocks and headlamp meters. The agreement was entered into with Koperasi Pekeija-Pekeijaintel Pulau Pinang (Koperasi Intel), a co-operative incorporated under the Co-operative Societies
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      • Article
        Binaan offer oversubscribed
        102 3 BINAAN Setegap Bhd's public offer for sale, which was the seventh to be balloted in Malaysia this year, was oversubscribed 40.99 times. For the public offer of 2.55 million shares of Msl each at M 52.30 per share, 86,781 applications for 107.07 million shares with a monetary
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      • Article
        Cargill to buy palm oil refiners
        89 3 CARGILL Inc, the US-based commodity firm, said it has agreed to buy two Malaysian-based palm oil refiners linked to collapsed British commodity group Woodhouse, Drake and Carey. "Under the terms of the agreement, Cargill will acquire the interests of Woodhouse, Drake and Carey in
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  • Page 3 Advertisements
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      177 3 <♦- I'll call von aaain tomorrow c I rom tlie hotel. A ANA HOTEL SINGAPORE i i v I- M THE SUITE LIFE AS DEFINED BY SHERATON UTAMA. mi m 1 rWm V v —ii/fffcrriM l Y H vmmlHS'When you book into the Darussalam Presidential Suite or any of out
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        NZ shareholder objects to Brierley petition
        105 4 A NEW ZEALAND shareholder has objected to a petition filed in Hongkong's Supreme Court by Brierley Investments Ltd seeking to take over its 70 per cent-held investor Industrial Equity (Pacific) Ltd. "At the request of such shareholder, the petition was adjourned to a date
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      • Article
        China Paint seeks HK listing
        77 4 CHINA PAINT Holdings Ltd is seeking a listing on the Hongkong stock exchange with an issue of 92 million new shares 25 per cent of the group's enlarged issued share capital of 368 million shares -at HK$ 1.08 (24 S'pore cents) each. China Paint, which
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      • Article
        Pacific BBA's new venture
        68 4 AUSTRALIAN brake and clutch maker Pacific BBA Ltd said it and Allied-Signal Inc plan to form a joint venture to expand the manufacture and marketing of friction material products in the Asia-Pacific region. Pacific BBA said it also plans to acquire the 49 per cent of
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      • Article
        Frankie Dominion seeks listing
        70 4 HONGKONG-BASED Frankie Dominion International Ltd is seeking a listing on the Hongkong Stock Exchange and plans to raise HK$57 million (5512.9 million) through an issue of 57 million new shares at $1 each. The group said in a statement that the price of the shares, which
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    • Article
      Lock icon Evergo said to be planning hostile bid for HK Land
      392 4 Reuter COMPANY spokesmen for Evergo International Holdings Co Ltd and Hongkong Land Holdings Ltd declined to comment on rumours sweeping the Hongkong market that Evergo plans a hostile bid for control of Hongkong Land, the colony's biggest commercial landlord. The
      Reuter  -  392 words
    • Article
      Lock icon Chase, Mitsubishi Bank agree on Indon LNG loan
      261 4 Reuter INDONESIAN state oil company Pertamina said it has reached agreement with a, consortium of banks led by Chase Manhattan Asia Ltd and Mitsubishi Bank Ltd for the financing of a US$75O million (Ssl.3 billion) liquefied natural gas (LNG) train project. President
      Reuter  -  261 words
    • Article
      Lock icon CRA expects lower profit for 1991
      259 4 Reuter CRA Ltd chairman John Urhig said profit for the year to Dec 31, 1991, could be down by 20 to 25 per cent. He also told the annual meeting in Melbourne that profit in the first quarter was down by 13 per cent
      Reuter  -  259 words
    • Article
      Dusit Thani to set up franchise network
      247 4 DUSIT THANI Corp, the owner of Dusit Thani Hotel and Dusit Princess Hotel management chains, has announced that it will establish a hotel management franchise network with a goal to expanding internationally in the long term. According to The Nation, a Thai English-language
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    • Article
      Lock icon Manila market thins ahead of Ayala share offer
      416 4 Reuter MANILA'S combined stock market turnover is thinning as buyers save their cash in anticipation of a share offer of Ayala Land Inc, brokers said. Ayala Land, a unit of Ayala Corp, has said it plans to sell 96 million of its
      Reuter  -  416 words
    • Article
      GFW restructure may have no real impact on bottomline
      243 4  -  From Geoffrey Harris in MELBOURNE GOODMAN Fielder Wattie's last restructuring may have no real impact on the company's bottomline, according to a leading stock analyst in Australia. Mr Viktor Shvets, senior industrial analyst and a director at Baring Securities in Sydney,
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      340 4 AUSTRIA STYLE '92 SINGAPORE May 15th 17th, 1991 2.00 p.m. 6.30 p.m. ANA Hotel Singapore Fabrics Garments Accessories For the twelfth consecutive year, leading designers and manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents in South East Asia. Please indicate the companies you
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      Page 4 Advertisements Column 2
      87 4 Hj am No, we haven't added Ferraris to the fleet but we have introduced a new reservations system that confirms your international car rental reservation faster HA than any H It lets you plan your itinerary with ease and with speed. It's called "MEGA HERTZ" Hertz U wF I I
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon AT&T set to buy NCR for US$ 7.4b in all- stock deal
      394 5 Reuter AMERICAN Telephone and Telegraph Company on Monday said it signed a definitive agreement for the acquisition of NCR Corp in an all-stock transaction valued at about US$7.4 billion (Ssl3 billion). The process for the acquisition of NCR
      Reuter  -  394 words
    • Article
      Lock icon Galeries Lafayette's offer for shares won't be contested
      311 5 Reuter FRENCH textile company Devanlay will not contest SA des Galeries Lafayette's tender offer for 1.56 million shares of Ste Francaise des Nouvelles Galeries Reunies, a Devanlay official said on Monday. The official, who asked not to be identified, said the company
      Reuter  -  311 words
    • Article
      Lock icon Du Pont-Merck joint venture gets EC nod
      202 5 AFP THE European Community (EC) on Monday approved a joint venture in Brussels between two US companies, chemical giant Du Pont de Nemours and Merck, the world's biggest pharmaceutical group. The two companies have announced their intention to create a 50-50 joint venture
      AFP  -  202 words
    • Article
      Lock icon Hicks Muse to buy Occidental assets
      199 5 Reuter HICKS, MUSE and Co has signed a definitive agreement to form an equally-owned joint venture called Trident Energy Inc with Occidental Petroleum Corp to acquire the natural gas liquids assets and business of Occidental's OXY USA Inc unit for about US$69l million (about
      Reuter  -  199 words
    • Article
      Lock icon AT&T'S takeover of NCR brings big bucks to Wall St
      285 5 NYT THE multibillion-dollar acquisition of NCR by AT&T is bringing a welcome stream of tens of millions of dollars in fees to Wall Street, which has been struggling with a dearth of deals since the collapse of the junk bond
      NYT  -  285 words
    • COMPANY BRIEFS
      • Article
        Pathe Communications lost US$ l07m last year
        113 5 PATHE Communications Corp, which acquired money-los-ing MGM-UA Communications Co last year, said on Monday that it lost US$B5.B million (S$ 151 million) in the last three months of 1990 and $107.7 million for the year. Pathe said its chief subsidiary, MGM-Pathe Communications Co,
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      • Article
        Taiwan Cement's profit falls
        59 5 TAIWAN Cement Corp said 1990 net income dropped 37 per cent to NT$2.O5 billion (S$ 129 million) from $3.27 billion a year earlier despite a 6.8 per cent gain in turnover to $14.28 billion from $13.37 billion previously. The cement manufacturer said the profit fall was
        59 words
      • Article
        Amano's net profit up 14.5 pc
        81 5 JAPAN'S Amano Corp, one of the world's biggest timerecorder manufacturers, said yesterday that its net profit grew 14.5 per cent from a year earlier to 5.3 billion yen ($68.6 million) in the year to March. The Yokohama-based company said sales climbed 12.7 per cent
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      • Article
        USX shareholders approve plan
        71 5 SHAREHOLDERS of USX Corp approved a plan yesterday to separate the company's vast energy business from its steel operations by issuing new common stock linked to its steel business. The plan will give shareholders the option of investing in either energy or steel, and was widely
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      • Article
        Alcatel expects poorer results
        91 5 THE CURRENT year will not be as good for cable maker Alcatel Cable as previous years have been because of a slowdown in some of its markets, chairman Claude Bovis told a news conference. He was commenting on Alcatel Cable's 1990 results, which showed a rise
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      • Article
        VIAG's purchase being vetted
        63 5 THE EUROPEAN Commission said it was vetting German industrial group VIAG AG's purchase of Continental Can Europe Inc, which groups the European units of private US packaging giant Continental Can Co. The Commission has one month to approve the deal or open a full-scale inquiry if
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  • Page 5 Advertisements
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      165 5 Will the connection work?, Shipping Times Pg 2 K;BM» fw aSfiSS SSm i zsn r £>m/r overnight, 9e llHHHF""! li I WBm ll that's all the time it takes WP fo appreciate it. M&f3Br SMp* k j Unlike any other hote/, f/>e Goodwood Park occupies <* unique place in SingaSSB
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  • FINANCIAL NEWS
    • Article
      ECICS moves into IT and properties
      538 6  -  By Quak Hiang Whai THE EXPORT Credit Insurance Corporation of Singapore (ECICS), which reported a record group net profit of $17 million last year, has diversified into information technology and property investment. A new company, IFS Information Technology, was set up recently to meet
      538 words
    • Article
      Lock icon Indonesia's big private banks set to cut interest rates
      277 6 AFP A NUMBER of Indonesia's leading private commercial banks will cut interest rates on time deposits simultaneously this week to ease the virtual cut-throat competition for funds, banking sources said in Jakarta yesterday. The sources said the banks have agreed to
      AFP  -  277 words
    • Article
      New Simbl unit trust hopes to get $1.5 m daily
      340 6  -  By Diana Oon SCHRODER International Merchant Bankers Ltd (Simbl) hopes to receive more than $1.5 million a day from subscribers of its newest unit trust. Tan Keng Hock, director of Simbl's investment division, said he hoped the Schroder South East
      340 words
    • SMALL CHANGE
      • Article
        Bank of Ayudhya to launch rights issue
        119 6 BANK OF AYUDHYA Ltd has announced a one-for-three rights issue of 10 million, 100-baht-par new common shares. A bank statement said in Bangkok yesterday that the issue will be at 340 baht to shareholders registered by May 21. Bank of Ayudhya traded at
        119 words
      • Article
        Chemical to close Manila unit
        84 6 CHEMICAL BANK said it will phase out its Manila offshore banking unit as part of a continuing strategy of consolidating and rationalising its international operations. The closure, which will take place over the next few months, will affect th* six to seven employees there, a
        84 words
      • Article
        Call for syndicated underwriting
        96 6 JAPAN'S Finance Ministry may urge the securities industry to allow syndicated underwriting of share issues, a ministry official said in Tokyo yesterday. He declined to comment on details. Unlike bonds, share issues in Japan are usually underwritten by one or two securities firms based on individual
        96 words
      • Article
        Tokyo banks expect lower profit
        137 6 MITSUI TRUST and Banking Co Ltd and Yasuda Trust and Banking Co Ltd said they slashed their group income forecasts for the fiscal year ended March 1991, mainly due to higher interest rates. A Mitsui Trust and Banking spokesman! said in Tokyo yesterday that it
        137 words
      • Article
        ABN Amro's Swiss operations
        108 6 THE NETHERLANDS' largest bank, ABN Amro Holding, said it was merging the Swiss operations of the two banks that united to form ABN Amro. ABN Amro's statement said in Zurich on Monday that the merger of its Swiss operations to form ABN Amro Bank (Switzerland) would
        108 words
      • Article
        Swedish exchange looks east
        54 6 A SWEDISH-BASED options and futures exchange, already expanding in Europe, has its sights set eastward for further growth. Olof Stenhammar, managing director of Stockholm'* OM Gruppen AB, said in Stockholm on Monday that the company was planning an options exchange in Malaysia and saw potential in
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      198 6 Computers and Corrmunications •■PK.-" >4-*',.;-:-':. V. v Ml I™ ■\WJ m 1 l>T»"k i*i tif»l 1 M»■ fclWIiA"-! 13 il Is j'j |1 J HI kW 3 mKj 11 L» f» 1 ii nMrii»l[tTcf 1 1Ui]iTssiIWlIi^^^KX!#ii^KiKiImi'ikinl■!14VI« JBsm r t^"",^r r V'.- j •";-*ftff f- <s-i '^^3>imlbll^^B^^^B^B» r, > BWSr:-'• A
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Analysts expect Aussie rates to be cut this month
      521 7 Reuter AUSTRALIA'S lower-than-expected March current account deficit has heightened expectations official interest rates will be cut this month, economists say. The unadjusted deficit narrowed to A 51.15 billion (551.59 billion) from A 51.25 billion in February and the seasonally adjusted gap
      Reuter  -  521 words
    • Article
      Lock icon Hanoi sees 12pc drop in exports
      123 7 UPI VIETNAM suffered a 12 per cent drop in exports in the first quarter of 1991 due to economic problems with its long-time trading partners in Eastern Europe, official Hanoi Radio reported. "In the first quarter of 1991, the total export value of the
      UPI  -  123 words
    • Article
      Lock icon Manila hits back at Taipei in looming trade war
      337 7 UPI THE PHILIPPINES announced yesterday that lowquality automotive parts and electrical products from Taiwan will be destroyed or sent back in a looming trade war with Taipei. The move followed the suspension by Taiwan last Saturday of 4,500 tonnes of Philippine
      UPI  -  337 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      512 7 Our Recipe For Success Makes Perfect Scents. '^^v.^vIviqBMHBHHHHHHHHIHHHMi First, take a spoonful of Sheraton Cuisine. It's our unique way of blending fresh natural ingredients with Asian spices to create C/^>v light, exotic and delicious dishes. TURBOT FILLET GRILLED WITH VEGETABLE VINEGRETTE Mix with The Heritage restaurant for outstanding world- 200
      512 words
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  • THE WORLD 1
    • Article
      Lock icon US Labour Dept corrects error: Productivity up, not down
      492 8 NYT IN ONE of the most embarrassing statistical mistakes in recent memory, the US Labour Department announced late Monday that American business productivity was up, not down, as it had said in the morning. Productivity advanced at a one per cent
      NYT  -  492 words
    • Article, Illustration
      Lock icon Trade status tied to human rights, US tells China
      278 8 AFP A SENIOR American diplomat said in Beijing yesterday he told Chinese officials that Washington would link improvement of human rights to Beijing's most favoured nation (MFN) trading status. "I made it clear that the decision on MFN will be made
      AFP  -  278 words
    • Article
      Lock icon Foreign investment in Canada shows inflow
      185 8 Reuter NET foreign direct investment in Canada in 1990 recorded an inflow for the first time since 1974, the Bank of Canada said in a report. The reversal may stem from a rise in Canada's attractiveness as a destination for foreign investment as a
      Reuter  -  185 words
    • WORLD WATCH
      • Article
        Shevardnadze, Bush discuss farm credits
        62 8 FORMER SOVIET Foreign Minister Eduard Shevardnadze said he discussed the pending Soviet request for US$l.5 billion in farm credits with President Bush, but had not specifically pressed Mr Bush to extend the aid. 1 spoke in general about the desirability of broad scale cooperation, Mr
        62 words
      • Article
        EC set to act on dumping
        58 8 EUROPEAN COMMUNITY governments appear ready to make anti-dumping duties on imports of Japanese audiocassettes permanent. "I think it's likely that definitive duties will be imposed." one diplomat said, adding that, while Britain. Denmark and Luxembourg had indicated they would oppose the proposal, their opposition
        58 words
      • Article
        L American decline hits US
        84 8 LATIN AMERICA'S economic decline over the past decade cost the US lost exports totalling US$lOO billion and the possibility to create 2.5 million jobs, Assistant Secretary of State for Inter-American Affairs Bernard Aronson said. Addressing the Council of the Americas, a group of about 200
        84 words
      • Article
        Pakistan labelled credit risk
        53 8 JAPAN, concerned with Pakistan's foreign exchange reserve position, has downgraded the country as an export credit insurance risk. A Japanese embassy source said applications for insurance on exports to Pakistan had been switched to a case-by-case basis since April 1 instead of being automatically approved in
        53 words
    • Article
      Lock icon German finance minister details plans for asset and capital taxes
      442 9 Reuter GERMAN Finance Minister Theo Waigel said asset taxes for private individuals and firms in western Germany should be cut sharply, starting from 1993. This would trim revenues of state governments, which levy the tax, by at least 750 million
      Reuter  -  442 words
    • Article
      Lock icon US wants Iraq to pay up to half its oil revenues as reparations
      287 9 Reuter THE United States, taking issue with many of its allies which want to treat Iraq more leniently, believes Baghdad should pay up to half its future oil revenues as reparations for victims of the Gulf crisis
      Reuter  -  287 words
    • Article
      Lock icon US outclassed in key technologies despite its high-tech weapons
      468 9 Reuter DESPITE its high-tech weapons, the United States is sinking to second-rank status in a wide field of technologies considered vital for the global economy of the *****, according to a new report. The report, released against the background of widespread
      Reuter  -  468 words
    • Article, Illustration
      Unicef relief goods arrive in Dhaka
      44 9 Unicef relief goods being unloaded from a Boeing 727 which flew into Dhaka international airport from Copenhagen. The plane brought intravenous fluid, water purifying tablets and reinforced plastic sheeting for shelters to help survivors of the cyclone-stricken areas.
      44 words
    • Article
      Lock icon Foreign businessmen find the going tough in Kuwait
      348 9 Reuter BUSINESSMEN converging on Kuwait expecting to land lucrative contracts to help rebuild the emirate are finding the going tough. "The thought that postwar Kuwait is a gold mine is not true. The days of tremendous profits here are gone," said Bob
      Reuter  -  348 words
    • Article
      Lock icon European Commission worried about German inflation
      331 9 Reuter THE EUROPEAN Commission is concerned that German inflation could rise to 3.5 per cent this year and more than 4 per cent next year, making it harder for other European countries to reduce interest rates, Commissioner for Economic Affairs Henning Christophersen said. "I
      Reuter  -  331 words
    • Article
      Lock icon Surge in imports shrinks Taiwan's trade surplus
      410 9 Reuter TAIWAN'S huge trade surplus, long a symbol of the island's economic power, is shrinking rapidly as consumer spending and ambitious infrastructure projects fuel a surge in imports. Taiwan, which has recorded an annual surplus every year since 1976, may be posting deficits
      Reuter  -  410 words
    • Article
      Lock icon Egypt set to raise and streamline import tariffs
      270 9 Reuter EGYPI' is preparing sharp increases in import tariffs in the coming week, the latest in a series of harsh IMFprescribed measures to cut the budget deficit, senior economists said on Monday. Tariffs will be streamlined and most goods entering the country
      Reuter  -  270 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      271 8 No. 1 Coleman Street. An address of distinction. Ideal for medium and large companies. Immediate occupation. Office units with areas ranging from 1,400 sq ft to 29,000 sq ft at attractive The Adelphi is ideal for medium and large i||||l||||llll ■Hfll|||||ljjjj companies: as your headquarters, regional centres or branch offices.
      271 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      256 9 A r >* >«gfl p^P^^j^B^^pgPWpP^^%|isSflß (BM&j r Mfe'i nir ■^SSBHBllMHtey* j jAa-ic^^ttti^Ss^BßSfmtßli^fc New opportunities in a greater Europe. In less than two years, Europe will be- In our vital home market, unified Germany, *****11, Telex: 34 559, Telefax: *****18. come the world's largest single market. our solid footing is the
      256 words
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  • Article
    Pragmatism wins this time
    492 10 EDITORIAL THE FATE OF Eu Court is sealed. Despite the voices of concern raised in the past few weeks over the loss of the 70-year-old building developed by businessman Eu Tong Sen, Minister for National Development S Dhanabalan made it clear in Parliament yesterday that the
    492 words
  • WHAT THE OTHERS SAY
    • Article
      Smoking out young victims
      259 10 THE GOVERNMENT'S proposed move to ban the sale of cigarettes to those under 18 is part of a series of welcome steps taken to make Singapore's antismoking effort a bigger success. The cut-off age of 18 is sufficiently high to ensure that vulnerable teenagers do not
      259 words
    • Article
      Too young to smoke
      122 10 FINALLY AND after a step-by-step approach in containing the smoking habit, the government has come out with a ban to stop the young from buying cigarettes. This bold move should be hailed by parents and the community. Unless determined efforts are made to contain this habit,
      122 words
    • Article
      US rate cut beneficial
      122 10 THE RECENT cut in the US discount rate will benefit both the American and the world economy. To uphold their own monetary stability and competitive edge, Asia-Pacific and regional countries are also expected to adopt a more relaxed monetary policy. In theory, the cut in the
      122 words
  • REGIONAL VIEWPOINTS
    • Article
      Fighting pollution
      114 10 IN JAKARTA today, ardent anti-pollution campaigns have been drummed up again. Among the programmes to be carried out are new drives against pollution by industries and vehicles. (The city government has declared that at least three rivers here are seriously polluted by industrial and household waste.) The city
      114 words
    • Article
      Tokyo's foreign policy
      161 10 JAPAN'S new pledge to assert both political and economic strength in coming years may cause a few old worries to surface. It is hard to imagine, however, a better form for the newest declaration of Japanese foreign policy than the one taken last week by Prime Minister
      161 words
    • Article
      Rebuilding a reputation
      232 10 THE ORGANISATION of the Islamic Conference (OIC) will have to rebuild its reputation and get its house in order. Now that the immediate crisis is over in the Gulf, it should call for a summit conference of its member countries to examine the shortcomings of the organisation
      232 words
  • Article
    Lock icon California: Caught in commercial war
    994 10  -  California is blessed with sunshine, stunning scenery, educated workers and a diversified economy. But it is also crowded, crime-ridden, expensive and over-regulated. The result: some companies are abandoning the state. Scott Reckard reports Scott Reckard AP ANEW breed of corporate raider has been plundering California
    AP  -  994 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      144 10 *%1 1 4 1 N i FLAM THE PERFECT WEDDING BY THE SINGAPORE RIVER The scene is set for your most dramatic moment. jK |j| Take your place amidst the magnificent Tudor-styled architecture, surrounded by the grandeur of historical HiIHHPPHHPHPIiEII landmarks. You're about to have the time of your life
      144 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      Lock icon The need for fresh conclusions about the Veep
      814 11  -  The thought of Dan Quayle's becoming president filled many an American with horror. But, says A M Rosenthal, it is time to give the vice-president a chance to prove his worth A M Rosenthal NYT Beginning pretty soon, us Vice-President Quayle will
      NYT  -  814 words
    • Article, Illustration
      Tiger Beer heads Down Under
      1035 11  -  Asia-Pacific Breweries' Chief Executive Officer, Tan Yam Pin, tells Chitra Rajaram about his company's expansion plans Chitra Rajaram THE IMAGE of the big, strong Aussie who goes to his favourite pub and guzzles his Fosters or XXXXs after a hard day's work is not unfamiliar
      1,035 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      97 11 On Sale Now! Business! Japw't coMnbuDon to wortd growth Thailand s efficient bant» I Investing in the ne« Germans Tai» jn (wand name triumph CORPORATE DOCTORS I Learn their tricks and keep tiiem away In this issue... Unmasking Corporate Doctors Secrets of the turnaround business Japan: Economy revs up once
      97 words
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  • THE LAW PAGE
    • Article
      Lawyers respond to US claims
      695 12  -  David Gabriel gets reactions to American charges of protectionism David Gabriel THE American government recently claimed that Singapore is discriminatory and protectionist in the field of legal services. It cited two main reasons. First, that American legal training is given no recognition in Singapore, so
      695 words
    • Article
      Just when is a fishing trawler complete?
      401 12 AFIRE insurance policy taken out to cover a boat described as "one complete unit of wooden fishing trawler" in the application form was the issue before the court of appeal. The court's decision, delivered by Justice Chao Hick Tin, was that it constituted
      401 words
    • Article
      Night sittings at Sub Courts
      82 12 IN A MOVE to improve court services, the Subordinate Courts will introduce night court sittings from next month. These will deal with certain types of departmental offences and traffic offences which are currently heard in Courts 13 and 23. A statement from the registrar's office
      82 words
    • Article
      Lease said nothing about a fair rent
      907 12 C^E POPULAR BOOK COMPANY PTE LTD v SEA SUN FURNISHING (PTE) LTD High Court of the Republic of Singapore Suit No 1215 of 1990, Originating Summons Justice Chan Sek keong THE COURT was asked to look at the construction of a renewal clause
      907 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      608 12 So advanced you can hear the difference M The new "DK" range of chain hoists from Mannesman Demag of Germany sets new standards for technological advancement. W$L r The first evidence of this that you notice is I their whisper-quiet operation. Innovative helical gearing of the motor has cut noise
      608 words
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      Page 12 Advertisements Column 2
      58 12 4 --v i/«fc v V IMk p*- Mr wi te Low f| Equipment Systems. Engineer V W P FOR PROFESSIONAL AIR CONDITIONING DESIGN AND SERVICE, YOU CAN DEPEND ON TEAM TRANE. ff Mr. Phuar Boon Hock v Equipment Systems. Manager %^Sff' V i v A# THE BEST Wll E /fc/~
      58 words
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  • SPORTS
    • Article, Illustration
      Lock icon Shaky start for instant replay on PGA Tour
      573 13 Action can bring into question a player's judgment and integrity AP THE instant replay got off to a shaky start on the PGA Tour. During last Sunday's final round at the Byron Nelson Classic, won by Nick Price, Tom Kite lost a
      AP  -  573 words
    • SIDE LINES
      • Article
        Garcia, Trujillo win Long Beach Marathon
        75 13 SALVADOR GARCIA of Mexico and Maria Trujillo of La Jolla, California, were the winners in the 10th Long Beach Marathon. Garcia, 27, was a repeat winner in the men's division on Sunday, clocking two hours, 16 minutes and eight seconds. Isamu Sennai of Japan
        75 words
      • Article
        Reynolds appeals against ban
        76 13 OLYMPIC medalist Butch Reynolds, banned from competition for two years because of a positive drug test, asked a federal appeals court in Cincinnati on Monday to allow him to resume his track career. The world record-holder at 400 metres tested positive for an anabolic steroid following
        76 words
      • Article
        Find at Maradona's flat
        108 13 AN ENVELOPE containing a substance believed to be cocaine was found on Monday during a judicial visit to the Buenos Aires apartment where soccer star Diego Maradona was arrested on April 26, a local news agency has reported. The private news agency Diarios y Noticias said
        108 words
      • Article
        Klinsmann unsure about 1994
        138 13 THE CHALLENGE of helping Germany defend the World Cup in 1994 may not be enough to keep striker Juergen Klinsmann in the game. "I don't think I'll be playing when I'm 30," the 26-year-old Internazionale marksman said in Appiano Gentile, Italy, yesterday. "I don't know if
        138 words
      • Article
        Bill Koch wins third race
        120 13 SKIPPER Bill Koch shook off two disappointing finishes in his boat Jayhawk to win the third race of the International America's Cup Class yachting world championship in San Diego with a sensational final leg dash on Monday. Sharing the helm with John Kostecki, Koch took
        120 words
      • Article
        Arias moves into second round
        91 13 FIFTH SEED Jimmy Arias won his opening match at the US Men's Clay Court Championships in Charlotte, North Carolina, on Monday by defeating Sweden's Thomas Hogstedt 6-3, 6-3. The U*****,000 tournament, won in 1990 by this year's third seed, David Wheaton, is being played at
        91 words
      • Article
        Twist in Carl Lewis case
        70 13 A JUDGE delayed a motion to hear Carl Lewis' US$6l million libel suit in Toronto on Monday because she is a neighbour of one of the defendants former track coach Charlie Francis. "It's unfortunate that in a city so large as Toronto that we'd have
        70 words
    • Article, Illustration
      Lock icon Arsenal beats Manchester United 3-1 for league title
      289 13 AP ENGLAND striker Alan Smith hit three goals as Arsenal celebrated winning the English league soccer title on Monday by beating European Cupwinners Cup finalist Manchester United 3-1. Earlier on Monday, Liverpool surrendered the championship to Arsenal by losing 2-1 at Nottingham
      AP  -  289 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      219 13 Hi W j| MUI ml High speed, heavy duty laser printer Colour TFT LCD 386 Laptop 16 pages per minute High-resolution multi-colour 10" Thin Film Ultra-compact, space saving design Transistor LCD (*****0 colours) Emulates HP LaserJet 11, Epson FX-80, IBM VGA emulation Graphics Printer, IBM Proprinter, Diablo 630 Built-in 100
      219 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      175 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly*' Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30p.m. Delicate Yangzhou Dianxin. Dinner: 6.30 p.m. to 10.30 p.m. A MKMBKR OF CI)L HOTELS HOfll MM.AWJKI lavelock Road, Singapore 0316.Te1:*****1
      175 words
    • Advertisement
      Page 14 Advertisements Column 2
      282 14 world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scocts Lounge. Hyatt Regency Singapore 10-12 Scons Road Singapore 0922 Tel: 733 118H Mother's Day 12 Ma > 1991 j'pXSJfi 9-course Chinese
      282 words
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      Page 14 Advertisements Column 3
      186 14 SMKX»-TK4TK LpMwwimwh qJ presents The Xiamen Herbal Food Promotion. 26 April 10 May JM/ Yi Savour the, wonders of traditional herbal delicacies specially frtW the city of Xiamen, China. At Seafood Theatre Restaurant. Set Menus A ta carte availgßteK^- 9 V v V Lunch or dinner. J SBLru spOKar r
      186 words
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      Page 14 Advertisements Column 4
      192 14 viva espana J The Belvedere brings you the savoury taste of I favourites, you'll say "Ole" to the most V extravagant buffet in town! H I We serve the world to you at The Belvedere. H 1 An exciting experience awaits you at The Gazebo |rwj '^mKXKMmS C Entertainment: gto«
      192 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      746 14 TELEVISION AND RADIO iHk mt xm&tvft&iMm" *****MwWflWSMiWMWMwtiimw——iMwiarirn inm mi MM iiiWßßmwwßM—>m——M—WOMßUM— lt r m |fl| f|||||>|| MMfMlll|ff .irr.-jftrarafr---|W-y»/\rV|Y% rIvQITIO 7.M SSwwrtdL Jil C«i£r iLqlrs^tetwSik' (cont'd) BUSINESS ON RADIO IXLLr OOITI Or (illlci 7.00 AM CNN International (L). 900 Nam Mlto!" 1 Amb,tK>n 7J# h^h, tor (Car BBC g9 9 mH
      746 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Sexual fantasies: I'm OK, you're OK
      886 15  -  Daniel Goleman on new research that says indulging in sexual daydreams, no matter how bizarre, can be perfectly normal Daniel Goleman NYT Therapists who once viewed perverse sexual fantasies as the furtive compulsions of a lonely minority are seeing them in a new light,
      NYT  -  886 words
    • Article, Illustration
      Bing Crosby's son found dead in flat
      470 15 CHAITfRBQX DENNIS CROSBY, the 56-year-old son of crooner Bing Crosby, has been found dead in his flat, where he apparently committed suicide by shooting himself, a coroner's spokeswoman said on Monday. His younger brother, Lindsay, committed suicide in an almost identical fashion two
      470 words
    • Article, Illustration
      Lock icon Who's got the right stuff for this year's Tony awards?
      605 15  -  Mervyn Rothstein on the list of nominees for this year's Tony awards Mervyn Rothstein NYT The last show to open on Broadway this season. The Will Rogers Follies, and Miss Saigon, the most publicised extravaganza of this, or perhaps any
      NYT  -  605 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      164 15 AND ENTERTAIN K®jL ENTERTAINMENT SUNDAY TO THURSDAY NO COVER CHARGE STEAK CORNER SPECIALITIES Sink your fork into a tender juicy steak or choose a combination of succulent meats. Priced at only ijj&Sji $10 onwards. /jSj Steak Nexx F\ rk Hotel Corner HOLIDAY INN PARK VIEW IS WORTH THE TRIP. Whether
      164 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market ends slightly higher in dull trading
      4928 16  -  By William Chia WALL STREET'S lacklustre session on Monday and Tokyo's 136-point fall yesterday caused share prices on the local bourse to close off the day's high in dull trading. The Straits Times Industrials Index closed at 1,525.03, up 6.23 points. It had
      4,928 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4158 17 Main Board DBS Foreign 1300 +60 +4 8% SIA 1290 +20 1.6% DBS 1190 +20 +1.7% OCBC Foreign 1140 20 +18% Prima 560 +20 +3.7% HTP Hldgs 50« 94 +17 +22.1% Roth Inds 50* 585 +15 +2.6% HTP Hldgs Wt 46'/j +11 +310% SIA 200
    4,158 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      474 18 Company Date Yur Group Nat Net earning* Gross MR to preflt/toss (L) per share dividend ('000) (cents) CMB Packaging May 6 Dec 90 $13,512($ll,616n) 26 0(29 7) 17 4(13) ICS May 6 Dec 90 $6,611L($16,242) —(32 5) 13.5(13.5) Orchard Parade May 6 Dec 90 13.551(12.710) 16 3(10 8a)
      474 words
    • Article
      INTERIM RESULTS
      241 18 Company Date Half-year Group pre-tax interim ann to profit/lost (L) dividend (000) NST Apr 30 Feb 91 MJ43 849(537.114) 10(10) SPH Apr 26 Feb 91 $110,396(184.977) 8(8) Times Pub Apr 19 Feb 91 S25,132(J18,904) 4(4) Antah Hldgs Apr 10 Dec 90 M$18.075(J14.587) Kump Emas Apr 5 Jan 91
      241 words
    • Article
      PRELIMINARY RESULTS
      319 18 Company Oat# Yaar Group pre-tax Mot earnings Grow ana to proftt/l«s« (L) par sliara dhridomJ COOO) (coats) HTP Hldgs May 6 Mar 91 58.307(52,791) 6.7(2.6) 10o(-) Inch Kenneth May 6 Dec 90 M$4 489(53.712) 47.7(264a) 70(52 5a) George Kent May 3 Jan 91 M55,775(14,876) 8 7(9.0) 9(9) Oriental
      319 words
    • Article
      CORPORATE DEVELOPMENTS
      415 18 May 3 Hoo( Fok Corpn has gone into a 80-20 per cent partnership with Indonesian tycoon Mochtar Riady's Lippo group to buy a Hongkong-listed property concern, LET Pacific In view of the economic uncertainties in China, construction and property group lim Kah Ngam is renegotiating the terms of
      415 words
    • Article
      DIVIDENDS ANNOUNCED
      1532 18 Current Ex Books Date Total for Total for payment date dose payable the year last year tana 5%TE Jun 5 Jun 17 Jul 1 10%TE Anal StMl 10% (S) May 16 May 31 Jun 7 10% Avmo 5%TE Feb 25 Mar 7 May 15 12.51TE 25%TE BAT 104
      1,532 words
    • Article
      APPROVED ISSUES
      185 18 Company Rights Issue CXrtop Est Restricted issue of S88 514m nominal value of 10% Convertible Redeemable Unsecured Loan Stock (CULS) 1991/19% issued on the basis of SI nominal amount of CULS for every 3 ordinary shares of $1 each held at nominal value Ex-date Apr 1 Books dose
      185 words
    • Article
      BONDS, LOANS & WARRANTS
      769 18 BONDS, LOANS WARRANTS Company Conversion period Conversion fnw t»r wdhiarj dart CfcC Wt Before 26/4/93 1 warrant plus *309 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrart ptus $0.77 nominal amount of loan stock Chuan lip Notts Chuan ftp Wt March
      769 words
    • Article
      PROPOSED ISSUES
      505 18 Company Rights Issue Mcom One-for two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MJO 10 each at M$1 per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every < CRPS Bolton One-for four (a. M$2
      505 words
    • Article
      COMPANY MEETINGS
      198 18 L&M Group Investments Ltd: EGM at 4, Second Chin Bee Road, Singapore 2261 on Wednesday, May 8, at 3pm. Malayan Cement Bhd: 41st AGM at the registered office, 10th Floor, Wisma Damansara, Jalan Semantan. Damansara Heights. Kuala Lumpur on Wednesday, May 8. at 12 noon. General Lumber (HMgs)
      198 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      857 18 BBL Bank Brussels Lambert Incorporated in Belgium (All figures quoted in Belgian francs) Consolidated Balance Sheet Consolidated Profit and Loss Account ASSETS 30 9 89 30 9 90 DEBIT FY 1988 89 FY 1989 90 Cash, balances with the National Interest and commission paid 147,649,600,548 184,919,638,433 Bank and the postal
      857 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close off day's highs on profit-taking
      4078 19 Bernama SHARE PRICES in Kuala Lumpur finished higher yesterday on better buying interest but ended off their highs on afternoon profit-taking. The K.LSE Composite Index added 2.97 points to 582.48 while the Industrial Index gained 1.44 points to 1,121.14. Gainers led losers by
      Bernama  -  4,078 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      175 19 BUSINESS TIMES TELEPHONE: 730-577 1/5772/5773 FAX: 734-4982 This announcement appears as a matter of record only. BANK INTERNASTONAL INDONESIA acting through its Cayman Islands Branch U5555,000,000.00 REVOLVING CREDIT FACILITY Arranged and Lead Managed by The Fuji Bank, Limited Singapore Branch Managers N.V. De Indonesische Overzeese Bank (INDOVER BANK) Mitsui Taiyo
      175 words
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      Page 19 Advertisements Column 2
      367 19 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I, Tan Hoc Kce of Blk 123 Hougang Ave 1 101-1408, Singapore 1953, have applied for a Reuil Beer Shop licence m respect of premises at M/i Tan Kai Huat at Blk 123 Hougang Ave 1101-1408, Singapore 1953, and that this application
      367 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks ease in lightest trade since late January
      2126 20 Reuter TOKYO stocks returned still sleepy from the Golden Week holidays, and closed moderately lower in the lightest trade since late January. Brokers said dimmer hopes for an immediate Japanese discount rate cut led to a small correction, but the prevailing attitude
      Reuter  -  2,126 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares chalk up strong gains but volume remains thin
      2008 20 UPI AP HONGKONG share prices posted strong gains yesterday in thin trading. The benchmark Hang Seng Index, which shed 33.45 points on Monday, jumped 37.08 points to close at 3,741.51. However, brokers said a handful of blue chips accounted for the
      UPI; AP  -  2,008 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      39 20 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. Chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      39 words
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  • REGIONAL STOCK MARKETS
    • Thai shares plunge; Aussie, NZ surge
      • Article
        AUSTRALIA
        936 21 AUSTRALIAN shares closed sharply higher in thin trade yesterday on continued support for leading stocks from Asian and US investors. Brokers said the trend towards lower inflation, a strong market performance over recent months, and a Hongkong brokerage house report predicting an Australian economic recovery later this year all
        936 words
      • Article
        BANGKOK
        796 21 BANGKOK stocks plunged across the board yesterday because of political jitters after the government lifted martial law last week, brokers said. Monday was a market holiday. The SET Index fell 27.94 points, or 3.2 per cent, to close at 840.06 on a thin turnover of 2.79 billion baht. "Heavy
        796 words
      • Article
        NEW ZEALAND
        207 21 IN WELLINGTON, bullishness surrounding Brierley Investments' moves on Monday to reduce debt spread to nearly all leading stocks in busy trade, with the Barclays Index easily setting another 1991 high at the close. Brokers said the positive mood throughout the day was boosted by overseas investor interest, although
        207 words
      • Article
        TAIPEI
        386 21 THE TAIWAN stock index closed slightly higher in heavy trade yesterday. Investors were increasingly cautious after Monday's sharp gains. The Weighted Index gained 60.48 points (one per cent) to close at 6,172.57. Turnover was NTS9O.4 billion against NT590.57 billion on Monday. Dealers said investors were becoming cautious as the
        386 words
      • Article
        SEOUL
        776 21 SEOUL shares lost ground for the fourth straight session yesterday as investors stayed away, disappointed by government market-boosting measures. Growing concern about nationwide antigovernment demonstrations to protest against police killing of a student also overshadowed the market. The Composite Index closed the day at 635.17, down 5.45 points from
        776 words
      • Article
        BOMBAY
        78 21 BOMBAY share prices on Monday closed broadly lower on fears of a credit crunch after India's central bank tightened money supply. The Bombay Stock Exchange Index fell 16.67 points to 1,255.42. The National Index dropped 7.80 points to 626.2 The Reserve Bank of India imposed a 10 per cent
        78 words
      • Article
        Untitled
        1606 21 Close Previous IVUy 7 SYDNEY All Ordinaries Index 1,537.8 1,522.4 +16.2 All Industrials Index 2.384.4 2.362.2 +23.2 All Resources Index 890.8 880.8 +10.6 Turnover (million) 81.34 82.63 -1.29 BANGKOK SET Index 840.06 868.00 -27.94 Turnover (million baht) 2,790 3,870 -1,080 JAKARTA Composite Index NA 407.59 MANILA Composite Index NA 1,054.70
        1,606 words
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  • WORLD STOCK MARKETS
    • Traders await US Treasury's refunding plan
      • Article
        Untitled
        198 22 May 6 Close Previous NEW YORK Dow Jones 2,941.64 2,938.86 +2.78 NYSE Financial 132.31 152.40 -0.09 SAP 500 380.08 380.80 -0.72 Turnover (million) 128.4 158.2 -29.8 LONDON Financial Times 30 Closed 1,973.9 FTSE 100 Closed 2,522.7 Turnover (million) Closed 452.7 AMSTERDAM CBS Tendency Index 95.1 95.4 -0.3 FRANKFURT DAX Index
        198 words
      • Article, Illustration
        NEW YORK
        1471 22 WALL STREET showed little reaction on Monday to President Bush's heart problem. In the first day of trading since the president suffered an irregular heartbeat while jogging on Saturday, the Dow Jones Industrial Average bounced back from a fairly small decline and ended the day at 2,941.64, up
        1,471 words
      • Article, Illustration
        LONDON
        799 22 A STRONG performance by the London financial futures market pushed share prices higher in thin trading yesterday. By 1225 GMT, the Footsie Index of 100 leading shares stood at 2,536, up 13.3 points on Friday's close. Following last week's local elections in which the ruling Conservative Party was perceived
        799 words
      • Article
        AMSTERDAM
        317 22 IN AMSTERDAM, shares in builder Koninklijke Volker Stevin NV plunged nine guilders, 11 per cent, to 73.00 guilders by 0847 GMT after the evaporation of takeover speculation on its deal with HBG on Monday, dealers said. HBG, Hollandsche Beton Groep NV agreed to cut its stake of around 60
        317 words
      • Article
        FRANKFURT
        187 22 GERMAN shares yesterday ended mixed with a firmer bias in thin, directionless trade as both buyers and sellers stayed largely on the sidelines. "Trade in blue chip shares provided no impetus at all today," said one trader. "The only real movement was in secondary stocks, but even here the
        187 words
      • Article
        MILAN
        201 22 ITALIAN shares yesterday opened generally easier in thin trading and drifted lower in early dealings, with worries about the domestic political outlook keeping many investors sidelined. At 0900 GMT, the MIB All-Share Index was 1.2 per cent lower. Carlo De Benedetti's industrial holding CIR, among the first to have
        201 words
      • Article
        JOHANNESBURG
        404 22 IN JOHANNESBURG, shares opened steady to slightly easier yesterday in continued slack trading after Monday's declines. Dealers said interest remained light as wary investors focused their attention on political events and the efforts to end the violence in the black townships and save South Africa's faltering peace process. At
        404 words
      • Article
        PARIS
        171 22 FRENCH share prices languished at modestly lower levels in thin midsession trade yesterday. Among surprises in a lacklustre session, electronics group CSEE surged 13.10 francs to 248 on 207,230 shares more than 23 per cent of its outstanding shares. A block of 156,080 CSEE shares traded at 260 francs,
        171 words
      • Article
        ZURICH
        45 22 SWISS SHARES yesterday traded a touch higher at midsession in quiet trading as the market followed the firmer trend in Frankfurt, brokers said. The all-share SPI Index edged up 3.4 points to 1,083.1 and the SMI Index of leading shares rose 3.9 to 1,661.2.
        45 words
      • Article
        STOCKHOLM
        68 22 PRICES on the Stockholm bourse moved further down in slow and cautious early trade yesterday, with many players absent ahead of the Ascension Day holiday tomorrow. The market closes at 1100 GMT today. By mid-moming, the Bourse General Index had slid 0.39 per cent to 1,030.14 in low turnover
        68 words
      • Article
        TORONTO
        255 22 TORONTO stocks on Monday recovered in late afternoon trade from a soft opening, but market holidays in Tokyo and London kept volume at a minimum, traders said. The market is waiting to see how the quarterly refunding of US treasuries proceeds later this week. The Composite Index closed down
        255 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      96 22 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT. You may have been unable to get your Business Times, Straits Times. Sunday Times. LianHe Zaoßao and other daily newspapers from jfoi* usuai newsstand because of the higher demand lately. To ensure a
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar finishes narrowly mixed in quiet Tokyo trading
      1221 23 REPORTS ASIA Tokyo: The dollar ended a bit firmer against the yen but little changed against the mark, reflecting mild mark buying for yen, after a day of subdued trading yesterday. The Tokyo market, just back from a four-day weekend, was
      1,221 words
    • Article
      INTERBANK FOREX RATES
      388 23 Crass rates May 7 I USS SS MS Dm Yen SFr AS NZS USS 1.7710 2.7595 1.7310 138.50 0.5845 1.4670 1.2796 1.6978 SS 0.5647 1.5582 0.9774 0.7820 0.3300 0.8283 0.7225 0.9587 MS 0.3624 64.18 0.6273 0.5019 0.2118 0.5316 0 4637 0.6153 Dm 0.5777 1.0231 1.5942 80.01 0.3376
      388 words
    • Article
      MONEY MARKET
      552 23 Interbank rates S$ Bid Offer Overnight 4 1/4 4 1/2 1-month S 1/16 S V16 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 5-3/16 USt Bid Offer 7 days 5 7/8 6 1 month 5 7/8 6 2 months S IS/16 6 1/16 3
      552 words
    • Article
      Lock icon Foreign issuers flock to Yankee market
      415 23 Reuter FOREIGN COMPANIES and governments are rushing to issue dollar-denominated debt in the US to lock in low interest rates and tap a broad investor base, analysts said. In April, more than US$2.B4 billion (Sss.l billion) of debt was issued in the "Yankee" market,
      Reuter  -  415 words
    • Article
      Lock icon Rate cut may have sent wrong signal: Fed governor
      220 23 Reuter US FEDERAL Reserve Board governor Wayne Angell said last week's discount rate cut by the board may have sent the markets the wrong signal. Interviewed on CNN's Moneyline, Mr Angell, who dissented on the decision to cut the rate to
      Reuter  -  220 words
    • Article
      FINANCIAL FUTURES
      1100 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.89 93.91 93.89 93.89 2150 ***** 722 Sep 91 93.67 93.69 93.67 93.67 2600 9096 1309 Dec 91 93.17 93.19 93.17 93.17 1100 ***** 152 Mar 92 92.90 92.90 92.88 92.88 64 5810 2 Jun 92
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  • COMMODITIES
    • Article
      Lock icon KL timber exports doing well, says industry board
      438 24 Bernama MALAYSIA'S timber exports were generally well sustained despite the constraints created by the Gulf War, the chairman of the Malaysian Timber Industry Board, Tan Sri Wong Kum Choon, said in Kuala Lumpur on Monday. "The export value for timber and timber
      Bernama  -  438 words
    • Article
      Lock icon Timber demand expected to rise
      275 24 Bernama THERE is an assured demand for tropical timber and its products in view of the decline in availability of forest resources in most major producing countries and the improved economic well-be-ing of developing countries. Malaysian Timber Industry Board director-general Datuk Baharuddin Hj Ghazli, speaking
      Bernama  -  275 words
    • Article
      M'sian crude palm oil ends slightly lower
      821 24 REPORTS MALAYSIAN crude palm oil prices closed slightly lower yesterday in line with a weaker close on the futures market after Pakistan rejected offers at its RBD palm oil tender for last half May shipment, dealers said. Gains on the Chicago soyoil futures
      821 words
  • Article
    PRICES
    1335 24 Rubber May 7 MS (t* hi S cents/kg Noon Close Int 1 RSS Prompt I44.25/145.25N 144.25/145.25N Int I RSS June 91 146.25/146.75 146.25/146.75 Inl 1 RSS July 147.75/148.25 147.75/148.25 Int 2 RSS OP 142 00/144.OON 142.00/144 OON Int 3 RSS OP 137.50/139.50N 137.50/139.SON Int 4 RSS OP 133.00/135.00N 133
    1,335 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      732 24 BUSINESS TIMES TELBPHONE: 730-5771/3772/5773 PAX: 734 49»2 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Ong Kim Tec of Apt Blk 203 Peiir Road #09-675, Singapore 2367, have applied for a Wholesale liquor shop licence in respect of premises at M/s Multi Product Company at 15 Senoko Crescent Sembawang,
      732 words
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      Page 24 Advertisements Column 2
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1096 25 City FHgtrt ETA FNgM ETD 1235 AdaiaMo QF81 2000 QF82 2200 SQ227 2245 Alitor dam GA895 1235 KL832 2120 SQ24 2200 KL831 1410 Attorn SQ35 1710 Aacfclaod NZ21 1820 NZ22 1930 SQ388 2030 Bandar Sari BI421 1105 SQ182 0915 Bagawaa SQ181 1410 BI422 1205 BI429 2030
    1,096 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Where women own the land
      479 25  -  POSTCARD FROM SUMPUR By Jonathan Thatcher ON THE face of it, women in this Muslim Indonesian village in West Sumatra get a better deal than men. "It's always been that way," said Rosna Bahaudin, explaining how she and the other women villagers, rather than the
      479 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.373 1.393 Canadian dollar 1.S2S 1.545 NZ dollar 1.030 1.065 Sterling pound 3.015 3.035 US dollar 1.7650 1.7750 Local dollars to 100 anits of foreign cwreacy Austrian schilling 14.30 15.30
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      77 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td May 1991 Expoedit-Copia 91 Milan Trade Aasoaazione 02/*****04 May g- 14 International Hannover, Deutsche Messe *****890 Fair, Italy Promoaone Trade Fur for Germany Ag Hannover Most re Machinery couiDment for the May 6-9 Offshore Houston Offshore (1)**********
      77 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      42 25 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We know Kurope from start to Finnish
      42 words
    • Advertisement
      Page 25 Advertisements Column 2
      145 25 There's a helpful Singaporean in almost any foreign phone booth. Now, SingaporeDlßECT is 25% off. In over 20 countries, you can instantly get in You don't need coins, either. Use a Singapore touch with a Singapore operator from any phone Telecom International Telephone Credit Card, or by using SingaporeDlßECT. simply
      145 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      351 25 1 Get up and fight for your principles (4,1,5) WM |H| HT--9 Acting academy returning Bl JflH JIH from a month in Israel (4) P 10 Cruel advice to those who hJ Lmt LhbJ ■■rn forgive too readily (10) 1 Worries about one form of BHHI IV dental decay (6)
      351 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      208 25 Singapore Outlook: Showers over several areas in the morning. Forecast Maximum temperature 29.3 Assoc humidity 77% Minimum temperature 22.6"C Assoc humidity 100% Hours of sunshine 0.05 Rainfall in mm 24.7 Rainfall this month 89.1 Rainy days this month S World forecast Asia-Pacific Hi/Lo* Cond. Auckland 19/12 Showers Bangkok 36/26 Showers
      208 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      8 25 -3 0 EVEMNO tTAMOAJIO CO. LTD, IM2-IMI 84a
      8 words
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  • Article
    S'pore, Germany interpreting air services accords differently
    381 26  -  By Dexter Lee THE REUNIFICATION of Germany has apparently led to differences in interpreting the air services agreements which Singapore had previously signed with the two Germanys. Sources told BT that Singapore has taken the reunification to mean that it is now allowed
    381 words
  • Article, Illustration
    Polygram banks on karaoke craze to boost sales
    383 26  -  Three-fold increase in company's regional business since 1988 By Claire Leow POLYGRAM N V, the world's third largest recorded music producer and publisher, is counting on the karaoke craze now sweeping the region to boost sales of video tapes, music recordings of
    383 words
  • Article
    Lock icon Malaysia to continue liberal investment policies
    325 26 Bernama THE Malaysian government will continue its liberal policies towards foreign investments as they not only bring about growth but also employment opportunities and a transfer of technology, Deputy Finance Minister Haji Abdul Ghani Othman said last night. The large investment inflows experienced in
    Bernama  -  325 words
  • Article
    US trade deficit likely to fall below US$ 100b
    337 26 THE American trade deficit for this year is expected to fall below US$lOO billion (S$ 177 billion) for the first time since 1983, predicted the DBS Bank in its latest monthly economic report. Released yesterday, the report examined the impact of
    337 words
  • Article
    S'pore-China trade likely to pick up soon
    346 26  -  BG Lee's visit to China From Lilian Ang in BEIJING IN SPITE OF a slight decline last year, trade between China and Singapore is expected to pick up soon. Mr Li Lanqing, the Chinese Minister for Foreign Economic Relations and Trade, said yesterday
    346 words
  • Article
    Lock icon Coup rumours hit Thai stock market
    219 26 AFP RUMOURS of a countercoup by a disgruntled faction of the Thai military which seized power in February have started to take their toll on the country's business community by taking a bite out of the Thai stock market yesterday. The ultra-sensitive Securities Exchange
    AFP  -  219 words
  • Article
    Lock icon Canberra to loosen grip on phone networks
    199 26 Reuter AUSTRALIA'S Labour government yesterday introduced legislation in parliament to open the country's phone and satellite system to competition as part of its plans to sell state assets and break up monopolies. The legislation, which will become law over the next few weeks,
    Reuter  -  199 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      296 26 I IVI C=l F=f S CZ I—ll Tin- Richness Of Leather Handmade To Perfection. SUBSCRIBE-A-FAX AND GET MORE THAN JUST OWNING IT. MORE SAVINGS WITH OPTION-TO-PURCHASE Hypothetical Fax Facts Mid-Range Facsimile machines $1,800 Hire Purchase Scheme 6.5% pa. repayment over 24 months CAPITAL DOWN INSTALMENT/ TOTAL OPTION OUTLAY PAYMENT SUBSCRIPTION
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      Page 26 Advertisements Column 2
      141 26 I\ZIIIZ]F=?EES[IZI —II The Richness Ot Leather Handmade To Perfection /n There are two top Indonesian I lljt restaurants in town. Thankfully Vy U1 only one of them serves the best T rs WfjSm \< «i Ikan Pepes (chilli fish-wrapped IVfltl PPfIPC in banana leaf)-the Muriara JAdll I vUviJ Indonesian Restaurant.
      141 words
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  • Shipping Times
    • Article, Illustration
      Thong Soon group denies listing plans
      511 27  -  Speculation sparked by two recent investments By Dexter Lee THE shipping-based Thong Soon group has brushed aside recent speculation that it may soon seek a listing on the Singapore Stock Exchange. Thong Soon group managing director Lawrence Seah told BT that market conditions were
      511 words
    • Article
      Lock icon Carnival likely to be sole cruise operator for Disney World port
      226 27 NYT THE names of the ships won't change and the companies will continue operating separately, but if the acquisition of Premier Cruise Lines by Carnival Cruise Lines takes place as planned by June 21, Carnival, the world's largest cruise
      NYT  -  226 words
    • Article
      Lock icon Texas to choose between French TGV and German Fas Trac
      310 27 AFP THE competition to build America's first high-speed train is heating up between the French "TGV" system and Germany's FasTrac as the state of Texas prepares to choose a winner at the end of the month. The two companies have
      AFP  -  310 words
    • Article
      Lock icon Chittagong closed as cyclone heads for the coast
      181 27 AFP BANGLADESH authorities closed the country's major port, Chittagong, as a severe cyclone with a core of hurri-cane-force winds moved quickly on Monday towards the country's coast. The Meteorological Department raised the maximum danger signal of 10 for Chittagong, nine for Cox's
      AFP  -  181 words
    • Article
      Lock icon US plans to file fresh complaint against European govt support for Airbus
      428 27 FT THE US plans to file a second and much broader complaint in the General Agreement on Tariffs and Trade (Gatt) against European government support for Airbus aircraft programmes. Washington has already taken the European consortium before the
      FT  -  428 words
    • Article
      Nippon Express seeks to expand fleet and services
      283 27  -  By Khaidir Abd Majid JAPANESE freight forwarding company Nippon Express is looking at expanding its fleet of trucks and its coverage to Malacca and Penang for its recently launched Arrow Express Service to take advantage of the overwhelming response from users. Nittsu
      283 words
    • Article
      Lock icon Intertanko says its new tanker design safer than double hulls
      372 27 Reuter THE International Association of Independent Tanker Owners (Intertanko) proposed a new type of oil tanker that it said was safer than the double-hull design demanded by the United States. Intertanko said its planned mid-deck vessel with rescue tanks would
      Reuter  -  372 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        ASMI to lead team to Expoship London 91
        97 28 THE ASSOCIATION of Singapore Marine Industries (ASMI) will lead a team of shiprepairers, shipbuilders, electrical and marine engineers to Expoship London 91. One of the biggest international maritime exhibitions with participants from over 20 countries, it will be held from May 21
        97 words
      • Article
        Anzac frigate work for NZ firms
        72 28 UP TO NZ$22O million (Ss22B million) worth of Anzac frigate work will be offered to New Zealand companies in the next three to nine months, according to the Australian Financial Review. The paper said this is on top of the $40 million worth of
        72 words
      • Article
        Accident at Atlanta airport
        61 28 AN AIRLINER taxiing towards a terminal hit a ground vehicle at Atlanta's airport and set it on fire on Sunday night, and a few persons were slightly injured during an emergency evacuation, an airline official said. A Delta spokesman said the plane, a McDonnell-Douglas MD-88 carrying
        61 words
      • Article
        New importers for Nissan
        80 28 NISSAN has appointed three new independent importers Summit Motors Czechoslovakia, Nissauto Yugoslavia and Nissan Poland to import its products on a national level in East Europe. EC market integration and the opening up of East Europe is bringing increased demand for cars and the move would
        80 words
      • Article
        French paratroopers for Turkey
        53 28 NEARLY 500 French paratroopers set sail for Turkey yesterday aboard a car ferry together with two cargo ships loaded with vehicles and food supplies to boost aid to Kurdish refugees, maritime officials said. Sources called the plan "the most important humanitarian operation ever carried out by
        53 words
      • Article
        Conrail upgrades rail service
        34 28 CONSOLIDATED Rail Corp and the Port Authority of NY and NJ expanded and improved intermodal rail service for shippers of Midwestern and Canadian cargo through the New York-New Jersey Port.
        34 words
    • Article, Illustration
      Lock icon Will AT&T-NCR connection work?
      1080 28  -  AT&T's acquisition of NCR gives the phone company the potential to become a major player in the field of information technology in the next century. But history is against mergers in the electronics industry, reports Andrew Pollack. Andrew Pollack NYT THE acquisition of NCR finally seems
      NYT  -  1,080 words
    • Article
      TRANSPORT DIARY
      921 28 May 9 (9.00am to 5.00pm): Seminar on Laytime Calculating organised by Merchant Prospect Limited and SC Lim Management Services. Conducted by Mr William Packard, Managing Director of Merchant Prospect Limited. For further information please contact Miss Maria Tan or Miss Amy Lim at tel no: *****88. May 9-10:
      921 words
    • Article
      THE SHIPPING GUIDE
      12509 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 from the Port of Singapore. Advanced dates are published for a maximum
      12,509 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        496 43 Vw* Wo jwjMl Papartra ynMt »oy Wo Berth Dapartoa KmkmJ Wharm lion Valour JU alongside 07 05/1130 Man 10A K29 ator«side 0705/1500 N*ga 22 B alongside Bayswaterll8 ****** K33 alongside 07.05/1400 San Yow No It 0/11 atongside 07 05/2359 Koto Peton. E-894 K31 08.05/1500 acngvje Kota Pusaka
        496 words
      • Article
        CONTAINER SCHEDULE
        1362 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO Record Bookini/tabncf fata Ship Voy No Etb/Btr Period From To From AO Rose 13" 10/0400 3 08/0700 08/1159 08/1400 4 08/1200 08/1459 08/1700 M Mrqab 55 10/0415 1 07/1500 07/1659 07/1900 2 07/1700 08/0659 08/0900 3 08/0700 08/1159 08/1400 4
        1,362 words
      • Article
        IN MALAYSIAN PORTS
        180 43 Penanf Port In the roads; Fayruz IV. Malayan Success. Pecrac, Malayan Princes, Sin Hua No 9, Kai Heng, Pernas Propane. Seng Hmg, Myomaywa. Sea Princess, Swadaya Due on May 7; Perkasa, Sincere No 5, Nikolay Semesko. Gulf Bridge. Due on May t: Lampung, Tai Ho No 4,
        180 words
    • Article
      Lock icon Energy Service makes another offer for Penrod
      410 44 Contract driller unlikely to win support for deal NYT ENERGY Service Co said on Monday that "it is willing to make one last attempt" to resolve differences with its partners in Penrod Drilling Corp and hinted at sweeteners it might offer for a
      NYT  -  410 words
    • Article
      Lock icon Norwegian proposal to make older vessels safer
      530 44 Lloyd's List A RADICAL overhaul of world ship safety requirements proposed to the International Maritime Organisation (IMO) would compel owners to spend hundreds of millions of dollars on bringing elderly ships up to modern safety standards. The proposal from one of the world's
      Lloyd's List  -  530 words
    • Article
      Lock icon Passengers missing after ferry sinks in Amazon tributary
      342 44 AP A DRIFTING, disabled ferry crashed into an oil tanker and sunk in a jungle river on Monday, and scores of people were reported missing, a spokesman for the Peruvian state oil company Petroperu said. Spokesman Jorge Merino said 136 passengers had
      AP  -  342 words
    • Article, Illustration
      Lock icon Discovery lands safely in Florida
      266 44 UPI THE shuttle Discovery plunged across the heartland of America and glided to a rare Florida landing on Monday to end a successful "Star Wars" flight after high winds blocked a California touchdown. Heralded by two shotgun-like sonic booms, Commander Michael Coats and co-pilot Blaine
      UPI  -  266 words
    • Article
      Lock icon Diamond Cruise orders second liner from Rauma Yards
      171 44 Reuter FINLAND'S Diamond Cruise Ltd has ordered a second luxury cruise liner worth almost 600 million markka (*****.4 million) and holds an option for a third, Rauma Yards, the shipbuilding subsidiary of Repola Oy, said in a statement. A separate Diamond Cruise
      Reuter  -  171 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      149 27 I im UNITED I Via LEASING* SEMCES HE LTD Call Tel: *****13 (15) Coming or Going INTRODUCING MOL'S NEW EURO-ASIA SERVICE What happens when you ask one of the world's largest shipping companies for new service? You get it Introducing Mitsui O.S.K. Line's new Euro-Asia service. We offer fixed day
      149 words
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      Page 27 Advertisements Column 2
      25 27 Container Schedule 17 Index to Advertisers 3 Shipping Guide 10.11 Ships in Port 17 Singapore Tides 17 Transport Diary 2 Weather and Sea Condtbons 17
      25 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      92 28 It could be a controversial deal between two stock market stars, a thought-provoking report by Mi university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
      92 words
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      Page 28 Advertisements Column 2
      17 28 The Daily and Weekly Freights reports were not available because of a holiday in London on Monday.
      17 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      5518 29 JARMNC SMIPfING AGENCIES I fIRM Mil#/ ■A■ pif —BWWW^^fWTff utE3_ FGS9I iiinrif JlJiMilrlrmil^lifl L- \&*W .J PtSAKA JARDINE SHIPPING AGENCIES SON BHD. I A M ■lIF 1 T™ I **T KELANG *****11 TELEX NO. MA*****/MA*****1 SSZS PENANC TEL *****4 TELEX NO MA4OO/3 CFS TEL 34*06 I D^ciicafeci>ocm»ys*2*™ piiijiii.ijj I ML
      5,518 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1231 30 J—. -1 VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE g|HM| j||| HONGKONG EXPRESS 01/118 n/5 1/6 30/5 29/5 r[Q|jl KAGA 10/318 12/5 29/5 31/5 3/6 4/6 iMjMfl■|gjxK2| KURAMA 10/119 16/5 6/6 4/6 3/6 ISHHHBI FRANKFURT EXPRESS 56/319 19/5 5/6 7/6 10/6 11/6 WMSii PPUtftt CARGO TOKIO EXPRESS 99/120
      1,231 words
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      Page 30 Advertisements Column 2
      590 30 DIRFCT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA ***** 26/5 10/6 12/6 18/6 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO, APIA 4 NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX SAI (PERU) ISLA FLOREANA 2206E 26/5 1/7 2/7 5/7 7/7 8/7 Agents |f. SINGAPORE: *****11
      590 words
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      Page 30 Advertisements Column 3
      1450 30 Tl Hwaasia &%srs REGULAR INDEPENDENT FULL CONTAINER SERVICE w£STB6UND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) *0T) NORASIA PEARL 9110-3 14/05 03/06 04/06 08/06 09/06 10/06 11/06 12/06 13/06 NORASIA PRINCESS 9111-3 24/05 12/06 14/06 17/06 18/06 19/06 20/06 21/06
      1,450 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2131 31 Steamers Maritime Holdings Ltd V PffrO ■r*STRAITS SHIPPING W f Bbmmal Tm m* llalanala oMMwtf tilt n^mysttf Containers ULJm u ,i **<— Voy No Pin/ Pill ITpore""! Al| Sou An, Ro. Mb, C S SAIIS LARS MAERSK 9106 04-05 06,05 08,05 2305 26,05 27 05 29/05 CARGO TOKYO BAY 0520
      2,131 words
    • Advertisement
      Page 31 Advertisements Column 2
      2175 31 SP OAK LCB CRI fDB SAV *0« NYC NYC NOR SA* CR* ICB OA* SP CHOfANG SUCCESS EF 111 U/S 5/t 7/t 15/1 21,* 27% TiS 7M CHOYANG FRONTIER »A 113 »/3 M 3 31,3 1«* ISK U|j GERMAN SENATOR EF 111 I*s 12* 14,t 23* 306 2/7 DSR OAKLAND
      2,175 words
    • Advertisement
      Page 31 Advertisements Column 3
      409 31 Y/7MI STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel TvoTTsp Tpk kuc kk ALICE 1 5/5 ORANGE OCEAN 9 9/5 ~U/5 ASEAN TRADER lo H/S TTans auto "a "ii/ 5 ~m is/s SUNNY SUV 9 ~ufi 9/5 TRONO 78 13/5 COSMIC PIONEER 13 ls/5 "u/5 ITCOSMO ANGEL 3
      409 words
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      Page 32 Advertisements Column 1
      664 32 MiHiii CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VStiVOV S PORE ROAM ADAM H BURG BREMEN ANTWERP KUTAI/22W8 10/5 14,6 20/6 25/6 30/6 MA TAR AM, 29*8 10/6 14/7 21/7 26/7 29/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct lo Inducement. Also accepting cargo lo Casablanca, Port Said. Port
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      Page 32 Advertisements Column 2
      951 32 ift M, HANJIN SHIPPING IFEEOCR VSL SIN I LINE HAUL LAX OAK HANJIN SEATTLE 01IE 11/5 DIRECT 29/5 l/t HANJIN HAMBURG OOiE 19/5 DIRECT 1M 12,6 HANJIN KAOHSIUNG 004E 23/5 DIRECT 12/1 15* UO .T No 1/5 AI rUSAN FEEDER VSL SIN LINE HAUL SEA VCR S pore H Kong
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      Page 32 Advertisements Column 3
      1233 32 J -I -1 fIUHH W IE LOAOINC RE OH 7 b 10/5 14ft l" 17/5 20ft 22* M* 25/5* *5 27/S Jw L T W2M 31/7 !■> E GIANT RE OU 15* IS* 21ft 22* 24* 275 flft 31/5 1* 2* &1M J.% .ffl V 'ft Afl isSTtBT rt/? »s
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      2081 33 V NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 W m TERMINAL OFFICE-*****22 DOCUMENTATION DEPT: *****44/*****14 r CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 SB NEPLINE SDN BHD MALAYSIA
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      Page 33 Advertisements Column 2
      1008 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES DISCHARGING FROM EASTBOUNO LOADING FDR WESTBOUND TRANSHIPPED AT ROTTERDAM" vessels voy |s>h |mla hkc vor
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      Page 34 Advertisements Column 1
      1511 34 K* VV- AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) V W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 i H H fVT 14 MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD B V M 1 IV TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA INDONESIA:
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      Page 34 Advertisements Column 2
      1206 34 PHIU-ORI€NT UN€5 PT€ LTD 108 ROBINSON ROAD *0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX: RS ***** PHHJ FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 13 MAY MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 13 MAY DUBAI,
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      Page 35 Advertisements Column 1
      1515 35 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSkI mMi PH. Building, 140 Cecil Street «KXK)O, Singapore 0106. 1 I JAKARTA I I ftAHGkg* —IZZI ViSSIL VOY SIN JKT SIM SoKShy S fo'.S ?f" "5» EQUATOR MAS 02N 9/5 11/5 19/5 ITnA pAMJANG 9113 11/S 14/5 19/9 BUNGA TERATAI 193 14/5 16/5 20/5
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      Page 35 Advertisements Column 2
      1078 35 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROnERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLANO UK GERMANY/SCAN SWEDEN NedHoyd Deffl f 138 9/S 26/5 27/5 29/5 3Q/5 NedMoyd Houtman' 136
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      Page 35 Advertisements Column 3
      538 35 MYANMA PH FIVE STAR UNE \a (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VIIIW 1V1» Nay HPA-AN VI63W 22/25 May PAGAN VI7OW 25/28 May THE BANK UNE (A »*rvic« of Andrew W«ir Shipping) U SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW
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      Page 38 Advertisements Column 1
      682 38 TO AUSTRALIA/NEW ZEALAND pa [siii I Fran jitalb |Syd lAuck INPE P CHALM ELLEN HUOtG 270 Ivs U/5 »5 »/5 M M BRUSSEL 271 2*5 15/4 1« M/« 2W 23/« C VEROLMC 272 IW M/« 24/t 2M 3/7 6/7 AHTWCHPEN 273 2M 3/7 0? U/7 W> 21/7 W> TO USA/CANADA
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      Page 38 Advertisements Column 2
      868 38 OUTBOUND VOY PKL PNC JKT SIN HKG KAO KEE TYO SMZ NGO KOB VESSEL VOY |SIN jPKL PNG BLW SIN ACX ROSE 13 11$ *4.5 ii>T~ 17 5 21.5 22 5 23.5 EQUATOR PRIO€ 908 IS Dry Docking 22 5 ACX LOTUS 128 "6 5 IS 14.5 II 5 20
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      Page 38 Advertisements Column 3
      231 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 10/6 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.
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      Page 38 Advertisements Column 4
      1416 38 /Lite fS is is fi 3? CHINA OCEAN SHIPPING COMPANY I FULL CONTAINER LINER SERVICE TELEX TE l s C oship| 2 MISTRI ROAD, HMC BUILDING FAX: *****66 I #15 00, SINGAPORE 0207 CABLE: COSTARLINE I CR NO: **********0* I General V TO HONGKONG AND CHINA IvESffl/VOY SCP HKC SHA
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      Page 39 Advertisements Column 1
      1070 39 UKC CONVENTIONAL SERVICE r V«sMl PKL PNC P C Loading for A VESSEL ?4,04 Rotterdam Antwerp CHINA fjljA CONTAINER SERVICE Vessel SGP PKL BKK HKG QIN SHA YANGFANGKOII 14S 01/5 »/4 07/5 12/5 16/5 YANGFANGKOU ISI 01/6 »/5 07JS 12,* 16/6 Alm <ccaptin| other chineM ports »w HKG AUSTRALIA HIU.
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      Page 39 Advertisements Column 2
      337 39 MARINE AGENCIES (S) PTE LTD I ah I TEL: *****33 (12 Lines) Lm FAX: *****15/*****03 [fTfj TELEX: RS ***** RISHIP (3 Lines) fSf\ ETHIOPIAN SHIPPING LINES f J (National Lines of Ethiopia) ACCTPITNG FCL AND CONVENTIONAL vessel Ivoy eta [loading for SPORE ABBAY WONZ 2SWB 3<VO5 OARESSALAAM MOMBASA OJtBOUTI ASSAB
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      Page 39 Advertisements Column 3
      579 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANC PENANC BLUE JADE 25/5 Loading lor Male IRUVAI HUDHU 25/5 Loading for Calcutta DOLPHIN 12/5 11/5 Loading For Feliwaru PIONEER SUPREME 5/5 Loading for Male DONAKULHI 20(5 Loaded For FeJiwaru PROGRESS LIBERTY Sailed Loading tor Maldives
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      Page 39 Advertisements Column 4
      735 39 SYDNEY/MELBOURNE BANGKOK tSStI S PORE SYD Mtl VESSEL VOY SINGAPORE BANGKOK PIYA BHUM 0704 14-15/5 27 29/5 31 2/6 JIRA BHUM 12N In Pt 1/5 Sun 12/5 PLANETA OM9 3 4/6 16-18/6 20 22/6 WAHA BHUM# 12N In Pt 8/5 Sat 11/5 PIYA BHUM 0905 14/6 27/6 1/7 BENJA BHUM
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      Page 40 Advertisements Column 1
      1348 40 IKIAC-NELS SINGAPORE!! "PORT TEL *****22 import TEL *****02"] PENANG TEL: (04) *****6 KK J TEL: (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL: (03) KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 I ~|V-/VV*| J BAHRU TEL (07) *****2 SIBU TEL: (084) *****2 SARIKEI TEL: (084) *****8 I—'1 W
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      Page 40 Advertisements Column 2
      370 40 BLUE STAR LINE SINGAPORE 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 12 May 1» May Via NPL 20 May
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      Page 40 Advertisements Column 3
      710 40 THONG SOON LINES PTE. LTD. I 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 WKKEBMm 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 NT 1 ETA Kg ffttEL E7A
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      Page 40 Advertisements Column 4
      322 40 USA Frata Container Lines Pte Ltd are pleased to offer NVOCC Services SINGAPORE/USA in accordance with regulations of FMC with whom a tarrif has been filed and a Bond posted Voyage Etd Eta L.A. Eta N.Y. FRATA USA V9lOl 10/5 7/6 23/6 FRATA USA V 9102 17/5 7/6 23/6 FRATA
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      Page 41 Advertisements Column 1
      674 41 COMPANIA PERUANA VfeElL 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 11/13 May 16/11 May JOMNEVERETT 24/26 May 27/29 May SMAPLAEVERETT 05/07 Jun 06/10 Jun "EVERETT ORIENT
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      Page 41 Advertisements Column 2
      512 41 VSI jVOY Is PORE IMAIMLINER |LAX IkST |SAV [NYC [HEX ZIM YOKOHAMA ISE 1b,5 ZIM KEELUNG Ukt 1M 22 t 2M 7M LEEWARD IE 15/S ZIM AMERICA lb/6 IS/6 21ft 30,4 2/7 ZIM ELAT ME 2%i ZIM HONGKONG 22/1 1/7 4/7 HI 111 ZIM SYDNEY 121E 30/S ZIM IBERIA 271
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      Page 41 Advertisements Column 3
      691 41 LINER SHIPPING PTE LTD liiliSSL 10, Anson Road. *17-06 International Plaza, Sngapofe 0207 Tel: *****33 (10 lines) U Telex: RS ***** LSSHIP Fax: *****13 IUIJjPJM I— FAR EAST HONG KONG 3/5 10/5 I JAKARTA W 11(5 KEELUNG 4/5 12/5 MANILA U/5 18/5 KAOHSiUNG 5/5 12/5 f. KELANG 10/5 17/5 BUSAN
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      Page 41 Advertisements Column 4
      610 41 PERINTIS LINE I ACCEPTING all fcl cargoes BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PHAStTIA 167 A 09/05 12/05 JATIDIRI 931 11/05 14/05 DASA LIMA 910 14/05 17/05 PHASE TIA 169 A 16/05 19/05 TANTO UTAMA 161 IN PT 11/05 TANTO UTAMA 163 16/05 19/05 TANTO UTAMA 165
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      Page 41 Advertisements Column 5
      432 41 SIN FAN EAST 12/5 KEELUNG/KAOHSIUNG 12/5 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 13/5 HONG KONG UN CHINA 13/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG Tl AN JIN/QINGDAO/HAIKOU also accepting LCL cargo UN EUROPE/UK 13/5 LDN/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
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      Page 42 Advertisements Column 1
      532 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 1700 07 MAY 10 MAY TAKARI I 1702 13 MAY IS MAY TAKARI IV 4084 10 MAY 13 MAY TAKARI I 1704 20 MAY 22
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      Page 42 Advertisements Column 2
      227 42 MULTI-MODE SHIPPIMfi PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. DAMMAN, 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
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      Page 42 Advertisements Column 3
      537 42 SHIPPING CORP. SDN BHD fT KLAMC TEL 03-M7SIM ft Nan) FU M7MII \)ffll/ PENAM TEL *****W1 SKAN TEL: OM-214M2 Vl7 lIBU TEL: M 4 31M22 TAN All TEL: M177M71 KX TEL OM-242?50 KUCH TEL 012 *****3 M'SIA TO USA/CANAOA CONTAINER SERVICE FEEDER VOT PEN PKL [SIN LA/IB KST WYC HfX
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      Page 42 Advertisements Column 4
      548 42 CUJi con-wv MEmaoßC~k j y-v i r J LCL/FCL SERVICE FROM (V/ f I M H ifift J CUJI opiate® owr 600 tom»ln*l*/6fn©e* In UA A. I II /jflw CUH maintain* ov*r $5,000 tractor* A trvefc*. V I I jMrn A CUJI OW 60,000 point* In USA H|P MjM jfrwL
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      Page 42 Advertisements Column 5
      415 42 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 36N8 11/5 CAPITAINE DAMPIER 6NB I*s 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 U.S.A. 13/5 20/5 PT. KELANG 10/5 17/5 KOBE 13/5 20/5 PIRAEUS 16/5 27/5 OSAKA 14/5 21/5 JAKARTA 10/5 13/5 SURABAYA 16/5 23/5
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      Page 43 Advertisements Column 1
      634 43 f MORE FREQUENT FLIGHTS WORLDWIDE NEW ZEALAND/FUI VESSEL Jkt f.K| -P* 'Itt SM S tava kmUmt F*|A| N PtyMitk(A| Vmtn LfMM>|l) Dw*i|l| N** Tntm* N Rosario/9110 7/5 9/5 10/5 10/5 10/5 14/5 27/5 7/6 29/5 30/5 31/5 31/5 2/6 3/6 4/6 N Rochester/9111 18/5 20/5 21/5 21/5 22/5 25/5 7/6
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      305 43 TIDES AND WEATHER TODAY'S TIDES (haflt in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 0»0 0900 *****100 **********00 1500 1600 *****1001)00 2000 2100 2200 2300 JR 15 1.7 2.0 2.2 13 2.4 2.3 2.1 18 1.5 1.3 1.1 09 0.9 1.0 1.2 1.4 1.6 1.8 1.9 1.9
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      Page 44 Advertisements Column 1
      758 44 CHARTPOINT Every Saturday in Business Times HYUNDAI A MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY PKE JHR SIN LINE HAUL VOY LBH OAK SEA LINE HAUL VOY TCM/SEA PTL MING CHUN 124 05/05 06/05 08/05 H. PIONEER 40€ 03/06 06/06 09/06 GOLDEN GATE
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      Page 44 Advertisements Column 2
      40 44 SEA/AIR SERVICES f to all main European Alrporta (inclusive Eastern Europe) Weekly Services First Class Carriers 11 to 13 Transit Days Competitive Rates For more information please call: Tel.: 223 4644 Bookings: Joyce Ang/Kamsinah Tahir Sales Personnel: Torben Bengtsson/Michael Lim
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      Page 44 Advertisements Column 3
      486 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) '««^^rr Hamburg Is C«n»lnfn A*rfw«. Gothonfturj Mjxno S PORE TON H BURG B'HAVEN R DAM LEN tMtwki, Stockholm |SUi^^H LA SEINE I*ll7 15 24/5 22/5 21/5 Rrttertan :to Antwerp Amtortem. Oils. HtUinki CGM RASCAL 01/317 5/5 22/5 Mli 27/5 21/5 Brwmntimfl :To
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